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PROVO, Utah — A small herd of domestic llamas was spotted taking an evening stroll on the train tracks in Provo, Utah, on Thursday after the woolen creatures escaped from their owner, according to the Utah Transit Authority. Several emergency responders were dispatched to round up the five llamas after transit officials received reports of the animals wandering the Union Pacific line. The llama search did not delay train service, transit authority spokesperson Gavin Gustafson said. Whether the llamas had been caught was unknown as of 10 p.m. local time, about three and a half hours after crews were called to the area 43 miles south of Salt Lake City, Gustafson said. Details about how the llamas escaped and where they came from were not immediately available.
Persons: Gavin Gustafson, Gustafson Organizations: Utah Transit Authority, Union Pacific Locations: PROVO , Utah, Provo , Utah, Salt Lake City
BEIJING — China on Friday announced the central government would allocate an additional 6 trillion yuan ($840 billion) to local governments for tackling hidden debt issues. The policies will reduce hidden debt from 14.3 trillion yuan to 2.3 trillion yuan by 2028, Lan said. At the parliamentary meeting, officials had reviewed a plan to increase the limit on how much debt local governments can issue, according to state media. The additional quota would go toward swapping out local governments’ hidden debt. Nomura estimates that China has 50 trillion yuan to 60 trillion yuan ($7 trillion to $8.4 trillion) in such hidden debt, and said it expected that Beijing could allow local authorities to increase debt issuance by 10 trillion yuan over the next few years.
Persons: of Finance Lan Fo’an, Lan, Xi Jinping, Donald Trump —, , Nomura Organizations: Friday, of Finance, People’s Bank of, People’s Congress, U.S, Nomura, International Monetary Fund Locations: BEIJING, China, Beijing, People’s Bank of China, Covid
“Queer” — releasing in the U.S. with A24 — world premiered in Venice to positive reviews. After the festival, Mubi acquired the film for multiple territories, including the U.K., Ireland, Canada, Latin America, Germany, Austria, Benelux, Spain, Turkey and India and all rights excluding theatrical in Italy. This ban not only targets a single film but also undermines the very essence and purpose of the festival. For this reason, MUBI has decided to take the position that our audience expects from us. It is with deep regret that we inform you of our decision to cancel the entire MUBI Fest Istanbul.
Persons: Mubi, Luca Guadagnino’s “, William S, Burroughs, Daniel Craig, , MUBI, Organizations: Fest, MUBI Fest Locations: Turkey, Fest Istanbul, Mexico, U.S, Venice, Ireland, Canada, Latin America, Germany, Austria, Benelux, Spain, India, Italy, MUBI, MUBI Fest Istanbul, Kadıköy District Governorate, Istanbul
The U.S. Capitol building November 6, the President-elect Donald Trump was declared the winner of the presidential election. GOP leaders have been dreaming of another major tax package, as many tax provisions are set to expire at the end of 2025. Remember: With Republicans winning control of the Senate, delivering on Trump’s agenda will come down to whether the GOP retains a majority in the House. Even with unified GOP control, there would be challenges ahead for Republicans. One issue is the political math: House Republicans believe if they do hold onto the majority, it won’t be by much.
Persons: Donald Trump, Leah Millis, Joe Biden’s, Mike Johnson —, , Danya Gainor Organizations: U.S, Capitol, Republicans, GOP, Trump, CNN, Democrats, Biden White, House, Republican Locations: Washington, Pennsylvania, Michigan
MELBOURNE, Australia — A self-described Nazi became the first person in Australia to be sentenced to prison for performing an outlawed salute when he was ordered by a magistrate on Friday to spend one month behind bars. Jacob Hersant, 25, is also the first person in the state of Victoria to be convicted of performing the Nazi salute. He was convicted in the Melbourne Magistrates Court last month of performing the salute before news cameras outside the Victoria County Court on Oct. 27, 2023. Hersant had just avoided a prison sentence on a conviction for causing violent disorder. Performing a Nazi salute had been outlawed by the state parliament days earlier.
Persons: Jacob Hersant, Hersant, Brett Sonnet, Tim Smartt, Smartt, “ It’s, ” Smartt, Sonnet, ” Sonnet, , Adolf Hitler, “ We’re, ” Hersant, Organizations: Victoria County Court, Nazi, National Socialist Network Locations: MELBOURNE, Australia, Nazi, Victoria, Melbourne, Victoria County
President-elect Donald Trump has carried Nevada over Vice President Kamala Harris in the presidential race, NBC News projects. Trump announced the proposal at a Las Vegas campaign rally in June. Harris visited Las Vegas several times, too, after she became the Democratic nominee in the summer. Trump won Nevada after six Republican “fake electors” were indicted last year on forgery charges over their alleged submission of fake certificates to Congress declaring Trump the winner in the state four years ago. Nevada relies heavily on mail-in voting, which Trump and Republican allies railed against in the 2020 election and since.
Persons: Donald Trump, Kamala Harris, Trump, Hillary Clinton, Joe Biden, — Trump, Joe Lombardo —, Republicans hadn’t, Harris, , Democrat Aaron Ford Organizations: NBC, White, Trump, Republican Party, Republican, GOP, Republicans, Las Vegas, Culinary Union, Democratic, Nevada, Democrat Locations: Nevada, Las Vegas
Almaty, Kazakhstan CNN —Several cities around the globe have reinvented themselves in recent years, but none more successfully than Almaty. Since the collapse of the USSR, Kazakhstan’s largest city (population 2.2 million and growing) has evolved from a drab, run-of-the-mill Soviet metropolis into the urban star of Central Asia. “It’s an incredibly livable city,” says long-time American resident Dennis Keen, a historic preservation advocate and founder of Walking Almaty. Over and underground artThe Abilkhan Kasteev State Art Museum is filled with more than 20,000 works of art. Other good collections include the Ihlas Museum of Folk Musical Instruments (in a Russian-style wooden mansion built in 1908) and the ethnographic artifacts of the Almaty Museum.
Persons: It’s, , , Dennis Keen, ” Keen, “ It’s, Jama Nurkalieva, Charles O, Cecil, Alamy, Auyl, James Talalay, Lukas Bischoff, Keen, Roshcha Organizations: Kazakhstan CNN, Walking, Central, Cathedral, Astana, Tselinny Center of Contemporary, Dynamo, Prix Versailles, Park, Art, Louvre, Art Museum, Ihlas Museum, Folk, Almaty Museum, Eiffel, of Contemporary, Academy of Science, Turkish Airlines, Air Astana, Ritz, Carlton Locations: Almaty, Kazakhstan, USSR, Kazakhstan’s, Central Asia, Walking Almaty, , Central Asian, China, Europe, Russian, Soviet Union, Shan, Lower Kolsai Lake, There’s, Soviet, Zholy, Almaty Metro, Almaly, Auezov, Istanbul, Beijing, Seoul , New Delhi, Bangkok, Arasan, Otrar, Lanzhou, Novotel, Darejani, Ascension
It faced a June 2025 deadline to complete the project, according to the federal indictment outlining grand jury charges against Lumumba, Owens and Banks. Lumumba faces five charges, including one count of federal program bribery and another count of money laundering. Banks has been charged with one conspiracy to commit federal program bribery, honest services wire fraud and money laundering, in addition to a count of federal program bribery. At least seven people have pleaded guilty in relation to the scandal. “This indictment is a horrible example of a flawed FBI investigation,” Owens told reporters after he pleaded not guilty Thursday.
Persons: JACKSON, , , Chokwe Antar Lumumba, , Lumumba, Jody Owens, Owens, Aaron Banks, Angelique Lee, Barbara Gauntt, Banks, Owens ’, Sherik Marve Smith, ” Smith, “ Banks, Jackson, ” Todd Gee, Ward, ” Owens Organizations: Miss, City, Democrat, Department of Housing, Urban, Banks, Jackson City, Clarion, Ledger, USA, Democratic, NBC, Authorities, Federal, Justice Department, FBI, Courthouse, , Southern, Southern District of, Locations: Mississippi’s, Jackson, Hinds, Nashville , Tennessee, Fort Lauderdale , Florida, Owens, U.S, Southern District, Southern District of Mississippi, Africa
GRAND RAPIDS, Mich. — A Mexican national who is in the U.S. illegally was sentenced Thursday to 39 years in a Michigan prison for killing his girlfriend, a crime that suddenly was thrust into the U.S. presidential race because of the man’s immigration status. I apologize with the utmost respect to all immigrants from all walks of life,” Brandon Ortiz Vite told a judge in Grand Rapids. Ortiz Vite, 26, pleaded guilty in September to murder and other crimes. Ruby Garcia was found shot to death on the side of a Grand Rapids highway. “You, sir, are a cold-blooded murderer,” Judge Mark Trusock told Ortiz Vite.
Persons: ” Brandon Ortiz Vite, Ortiz Vite, Ruby Garcia, Donald Trump, Biden, it’s, Trump, Mark Trusock, ” Ortiz Vite, Organizations: U.S, AP Locations: GRAND RAPIDS, Mich, , U.S, Michigan, Grand Rapids, Grand
The husband of a San Antonio woman who has been missing for a month has been charged with murder. Brad Simpson is charged in the death of Suzanne Simpson, a 51-year-old mother of four who was last seen outside her San Antonio home on Oct. 7 by her neighbor, officials have said. Authorities have not publicly announced that Suzanne Simpson's body has been found. No one with the county’s public defender’s office, which was representing Simpson, could be immediately reached for comment Thursday night. He is accused of unlawfully possessing a short-barrel rifle that was not registered to him, according to the complaint.
Persons: Brad Simpson, Suzanne Simpson, San Antonio, Suzanne Simpson's, Simpson Organizations: San, The Texas Department of Public, Authorities, NBC, WOAI Locations: San Antonio
Rashida Jones is paying tribute to an icon, culture shifter, genius and, most importantly, her late father, Quincy Jones. Quincy Jones, who worked with a slew of iconic singers like Frank Sinatra to Michael Jackson, died Sunday at 91. Days after the legendary music producer’s death, his 48-year-old daughter penned an emotional and heartfelt message about life with her dad. “All accurate descriptions of my father but his music (and ALL of his work) was a channel for his love. Your love lives forever.”Quincy Jones and Rashida Jones’ mom, Peggy Lipton, were married from 1974 to 1990.
Persons: Rashida Jones, Quincy, Quincy Jones, Frank Sinatra, Michael Jackson, , , ” Rashida Jones, “ I’ll, ” Quincy Jones, Peggy Lipton, Kidada Jones Organizations: Recreation Locations: Quincy Jones, Parks, “ Quincy,
On the wide-open roads of America, Yifei Xu has conducted an experiment in humanity. “I want to show that human nature is good!” Xu said. “To be honest, before I came here I had a different — and you could even say, slightly negative — perception of America,” Xu said in Mandarin, speaking with NBC News. And although many people offered him more than food — perhaps cash or a ride — he said he refused both. David Hatker was at home having dinner with his family in Davis, California, when Xu came knocking.
Persons: Yifei Xu, , ” Xu, Xu, Bennington , Nebraska —, David Hatker, , he’s Organizations: NBC News, , U.S Locations: America, Shanghai, United States, China, Russia, England, France, Catawissa , Pennsylvania, Bennington , Nebraska, Davis , California
Trump is also wary of special elections to replace sitting lawmakers, especially in the Senate. has conveyed that he is not interested in entering the Trump administration, according to three sources familiar with the decision. Sessions, an adviser to Trump in 2016, was one of his earliest supporters when Trump elevated him from the Senate to run his Justice Department. The special election to replace him also turned into a centerpiece of Democratic organizing against Trump. Though the GOP won the special election narrowly, Republicans lost Price's congressional seat in the midterms and then watched Georgia turn blue in 2020.
Persons: Donald Trump, Trump, Steven Mnuchin, Ben Carson, Jeff Sessions, recusing, Tom Price, Ryan Zinke of, Roy Moore, Moore, Sen, Eric Schmitt, Marco Rubio, Tom Cotton, Mike Waltz, Mike Pompeo, Trump’s, Cotton, Bill Clark, Donald Trump Jr, , Rubio, , I’m, ” Rubio, Pompeo, Sessions, Price, Zinke, Rick Scott's Organizations: White, Treasury Department, of Housing, Urban, Republican, Trump, CIA, Getty, Trump Jr, coy, NBC’s, Senate, Congress, Justice Department, GOP, Republicans, Interior Department Locations: Alabama, Ryan Zinke of Montana, United States, Georgia
Prince William said the past year has been “brutal” as his wife and father announced their diagnoses with cancer. It's probably been the hardest year in my life," William told NBC News' international partner, Sky News, at the end of a weeklong tour in Cape Town, South Africa, for the fourth annual Earthshot Prize. King Charles III announced his cancer diagnosis in February following a procedure for benign prostate enlargement. "Trying to get through everything else and keep everything on track has been really difficult," William, Prince of Wales, told Sky. "It's interesting you say that, ’cause I couldn't be less relaxed this year," he told Sky.
Persons: Prince William, It's, William, King Charles III, Buckingham, Kate, Princess, Wales, Charles, William , Prince of Wales, I'm, you've Organizations: NBC News, Sky News, Sky Locations: Cape Town , South Africa
Goldman Sachs is optimistic on BioNTech as a result of a new oncology asset. The bank upgraded shares of the German biotechnology firm to a buy rating from neutral. Analyst Chris Shibutani accompanied the move by hiking his price target to $137 from $90, which implies upside of $27%. BNTX YTD mountain BNTX YTD chart BioNTech can also support an innovative and expansive clinical development program for BNT327 that could challenge the status quo of immune-oncology regimens, Shibutani added. Of the 19 who cover it, 12 have buy or strong buy ratings on BioNTech, LSEG data shows.
Persons: Goldman Sachs, Chris Shibutani, BNTX
Top Stories for Friday November 8th
  + stars: | 2024-11-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTop Stories for Friday November 8thThe key headlines that could drive trading today.
For the second time in eight years, the highest, hardest glass ceiling survived millions of tiny cracks, once again testing the optimism of those who hope to see the first female president elected. The late Rep. Shirley Chisholm, a former New York congresswoman, became the first Black woman to seek the office in 1972. “I’m ready for a female president, I just don’t think that most of America is yet, and I don’t know why,” she said. In the Senate, Angela Alsobrooks will be the first Black woman to represent Maryland and Lisa Blunt Rochester will be the first woman to represent Delaware. Together, the two Democrats will be the first two Black women to serve in the chamber at the same time.
Persons: Kamala Harris, Janet Edwards, Harris, “ I’m, ” Edwards, , Donald Trump, Shirley Chisholm, ” Harris ’, Chisholm, Hillary Clinton, Barack Obama, Clinton, Joe Biden, , Trump, Clinton –, Melinda Corey, , ” Priya Lewis, Kamori Thomas, Howard University – Harris, alma, Thomas, ” Thomas, ” Lewis, Harris –, “ We’ve, Kelly Dittmar, Dittmar, Harris ’, Nadia Brown, Brown, Angela Alsobrooks, Lisa Blunt Rochester, Republican Julie Fedorchak, Sarah McBride of, David Axelrod, , I’ve, Axelrod, – Harris, who’d, ” Harris, Christina Reynolds, doesn’t Organizations: CNN, Howard University, , White House, Victoria, Equal Rights Party, Democratic, Trump, Center for American Women, Georgetown University, “ Research, House, Republican, Democratic National Convention Locations: Washington, Italy, North Macedonia, Mexico, New York, America, , Maryland, Delaware, Sarah McBride of Delaware, DC
Fintechs Upstart and Toast soar on earnings
  + stars: | 2024-11-08 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: +2 min
Chris Comparato, CEO, the Toast, Inc. IPO at the New York Stock Exchange, on September 22, 2021. Toast , which sells payments technology to restaurants, jumped 14%, closing at its highest since 2021. Toast is still well off its pandemic highs of 2021, but the stock has now more than doubled this year. The company's adjusted earnings forecast of $90 million to $100 million for the current quarter sailed past estimates. Coinbase shares jumped 48% for the week, their strongest performance since January 2023.
Persons: Chris Comparato, David Girouard, Donald Trump's, Coinbase, Trump, Gary Gensler, Bitcoin, dogecoin, fintechs, Jack Dorsey's, Robinhood Crypto Organizations: Inc, New York Stock Exchange, Nasdaq, SEC Locations: fintech, solana
Bitcoin is just getting started after its postelection rally, according to Fundstrat's Tom Lee, and is still on track to hit six figures by the end of the year. "I think because [it's] post-halving and now bitcoin is becoming a lot more relevant ... the regulatory overhang is diminishing — that there's a lot of upside from here." The flagship cryptocurrency climbed to fresh records this week after President-elect Donald Trump' s victory, which was widely anticipated as a bullish catalyst for the crypto industry at large. During Trump's campaign for reelection he promised the crypto industry a more favorable regulatory environment that would include appointing a more crypto-friendly leader to chair the Securities and Exchange Commission. Bitcoin is up 79% this year, compared with the S & P 500's 25% gain.
Persons: Bitcoin, Tom Lee, Donald Trump, It's, Lee, JD Vance, Vivek Ramaswamy, Cantor Fitzgerald, Howard Lutnick, Robert Kennedy Jr, it's, Sen, Elizabeth Warren, Biden, Gary Gensler Organizations: Treasury, Securities and Exchange Commission, SEC
CNN —Tech tycoon Elon Musk joined a call between US President-elect Donald Trump and Ukrainian President Volodymyr Zelensky the day after the presidential election, according to a source with knowledge of the situation. Zelensky previously said on X that he called Trump on Wednesday and congratulated him on “his historic landslide” win. Strong and unwavering US leadership is vital for the world and for a just peace,” Zelensky wrote at the time. CNN is reaching out to Musk and Trump’s teams about the call, which was first reported by Axios. Questions about Musk’s influence in the war also began to mount amid a rise in Ukrainian sightings of Russian uses of the satellite internet service.
Persons: Elon Musk, Donald Trump, Volodymyr Zelensky, Zelensky, , Strong, ” Zelensky, Axios, Vladimir Putin, Musk, , Starlink, Walter Isaacson, Isaacson, Dmitry Peskov Organizations: CNN — Tech, US, Ukrainian, CNN, Trump, PAC, NASA, SpaceX, Pentagon, Starlink, Russian, Putin Locations: Kyiv, Russia, Ukraine, Crimea, Crimean, Ukrainian, American
AdvertisementSome venture capitalists expect US President Donald Trump to dial back regulation, potentially making it easier to develop new technologies and do business in Silicon Valley. Related VideoWhile many in Silicon Valley dislike Trump, many VCs and startup founders crave more freedom to pursue riskier new technologies unburdened by regulation. E-acc," referring to the recent Silicon Valley movement that wants technological advancements in AI to move as fast as possible, without any guardrails. Regulation has held Silicon Valley back in recent yearsVCs during Biden's presidency have complained about how tough it's been to get deals done. AdvertisementVCs anticipate an innovation boomAmerica is a country of entrepreneurs, and that's especially true in Silicon Valley.
Persons: , Donald Trump, Elon, Ben Narasin, we've, Trump, Musk, cheekily, Vance, Augustus Doricko, Kamala Harris, Aaron Levie, Harris, Mark Pincus, Biden's, Louis Lehot, Foley, Lardner, Lina Khan —, it's, Biden, JD Vance, Khan, Mason Angel, who's, he's, Narasin, Ben Thompson, Rainmaker's Doricko, Angel Organizations: Service, Elon, Venture, White, Department of Government, Zynga, acc, Google, Microsoft, Nvidia, Federal Trade Commission, Department of Justice, Trump, Republican, Big Tech, FTC, SpaceX, Space Force Locations: Silicon Valley, Silicon
CNN —Ancient DNA has revealed surprises about the identities of some people who perished in the ancient Roman town of Pompeii after a volcanic eruption, overturning misconceptions about their genetic relationships, ancestry and sex. Ash and volcanic rock called pumice then covered Pompeii and its residents, preserving scenes of the victims of the city’s destruction like an eerie time capsule. While the Greeks, Etruscans and Samnites attempted to conquer it, Pompeii became a Roman colony, the study authors noted. In 2015, the Archaeological Park of Pompeii began efforts to restore 86 of the 104 casts originally made by Fiorelli. Together, park scientists and the study authors are working on a larger project to better understand the genetic diversity present in Pompeii during the Roman Empire.
Persons: Giuseppe Fiorelli, , David Reich, restorers, David Caramelli, Massimo Osanna, Gabriel Zuchtriegel, Valeria Amoretti, ” Caramelli, Reich, Steven Tuck, Tuck, ” Tuck, Caitie Barrett, Barrett, Homer’s “, Bacchus, Alissa Mittnik, , ” Barrett, Michael Anderson, Anderson, ” Anderson Organizations: CNN, Harvard Medical School, Harvard University, University of Florence, Villa, Miami University in, Cornell University, Max Planck Institute, Evolutionary Anthropology, Harvard, San Francisco State University Locations: Pompeii, Naples, what’s, Italy’s Campania, Roman, Italy, Miami University in Ohio, archaeogenetics, Britain, North Africa, Alexandria, Egypt, Bay
Trump Media & Technology Group — Shares of President-elect Donald Trump's media company fell another 4.6% in premarket trading following a 23% plunge in the previous session. The company saw $162 million in revenue, topping the consensus expectation for $150 million. Analysts polled by FactSet penciled in 43 cents in earnings per share and $1.91 billion in revenue. Affirm lost an adjusted 31 cents per share, narrower than the consensus forecast of 35 cents, according to LSEG. Bath & Body Works — The fragrance retailer slid 2.7% in the wake of a Barclays downgrade to underweight from equal weight.
Persons: Donald Trump's, platform's, DraftKings, Sweetgreen, LSEG, Toast, StreetAccount penciling, Versace, Michael Kors, FactSet, BioNTech, Goldman Sachs, Goldman, — CNBC's Sean Conlon, Yun Li, Pia Singh, Samantha Subin Organizations: Trump Media & Technology, LSEG, Arista Networks, Arista, Capri Holdings, Capri, Beverage, Revenue, Barclays Locations: LSEG, BioNTech —
“Hamas is a terrorist group that has killed Americans and continues to hold Americans hostage,” a senior administration official told CNN. The final impetus for Qatar agreeing to kick Hamas out came recently after the death of American-Israeli hostage Hersh Goldberg-Polin and Hamas’ rejection of yet another ceasefire proposal. Exactly when Hamas operatives would be exiled out of Qatar – and where they would go – are unclear. One US official told CNN the group has not been given an extended amount of time to leave the country. Earlier this year, the Justice Department charged several senior Hamas leaders over the October 7 terrorist attack on Israel.
Persons: Joe Biden –, , , Hersh Goldberg, Polin, Khaled Meshaal, Antony Blinken Organizations: CNN, Qatar, Doha –, Qatari, Qatar –, Justice Department Locations: Qatari, Doha, Israel, Qatar, Turkey, Gaza
But the South Korea electronics giant has now fallen behind its long-time rival SK Hynix in next-generation chips that have been key component for AI silicon leader Nvidia . For years, Samsung was the undeniable leader in this technology, ahead of South Korean rival SK Hynix and U.S. competitor Micron . SK Hynix saw this opportunity. SK Hynix posted record quarterly operating profit in the September quarter. "It is fair to say that Samsung has not been able to close the gap with SK Hynix on the HBM development roadmap," Morningstar's Ito said.
Persons: SeongJoon Cho, HBM, Kazunori Ito, Brady Wang, Morningstar's Ito Organizations: Samsung Electronics Co, Bloomberg, Getty, Samsung Electronics, SK Hynix, Nvidia, Samsung, Micron, Morningstar, CNBC, U.S, Counterpoint Research, South Locations: Seoul, South Korea, South Korean, HBM
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