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☆ An appeals court sounded skeptical of Donald Trump's arguments in the Mar-a-Lago records dispute
▼ + stars: | 2022-11-22 | by ( C. Ryan Barber | ) www.businessinsider.com time to read: +6 min

An appeals court panel grilled a Trump lawyer but had few questions for the Justice Department. One judge scolded Trump's lawyer for referring to the FBI search of Mar-a-Lago as a "raid." asked Grant, a Trump appointee who clerked for Supreme Court Justice Brett Kavanaugh during his tenure on the US Court of Appeals for the DC Circuit. During Tuesday's arguments, Justice Department lawyer Sopan Joshi likened Trump's arguments to "shifting sands," saying that the former president had initially claimed seized records were subject to attorney-client privilege. At the Supreme Court, he said, Trump's lawyers then argued that the dispute centered on the issue of whether classified documents had been declassified.

☆ Adele reminds us how Vegas made artist residencies cool
▼ + stars: | 2022-11-20 | by ( Caryn Rose | ) www.nbcnews.com time to read: +5 min

After being abruptly postponed in January, Adele’s Las Vegas residency, “Weekends With Adele,” made its debut at Caesar’s Palace on Friday. But Adele highlights how it’s been transformed into an artistic achievement, why it’s never going away and reminds us how Las Vegas made residencies cool. This isn’t a complete list because a Las Vegas residency is no longer necessarily out of the ordinary. Does this all mean a Vegas residency is the right fit for everyone? In the shifting economic climate and post-pandemic realities, a Vegas residency may be more appealing to artists whowouldn’t normally consider it.

☆ The Inside Story of Adele’s Vegas Wardrobe
▼ + stars: | 2022-11-19 | by ( Derek Blasberg | Photography Raven B. Varona | ) www.wsj.com time to read: 1 min

“ONE OF ADELE’S SUPERPOWERS is the ability to give you déjà vu in the right way,” says Jamie Mizrahi. The L.A.-based celebrity stylist could be talking about Adele’s musical gift, but she’s actually discussing creating looks for the singer’s Las Vegas residency at the Colosseum at Caesars Palace, which opened last night. (Adele is performing in the same space Celine Dion once had hers.) “Even when she does something new or modern, it feels like the same Adele you first fell in love with,” says Mizrahi. “That’s the look we’re going for.”

☆ Israeli-Affiliated Oil Tanker Hit by Suspected Iranian Drone
▼ + stars: | 2022-11-16 | by ( Dion Nissenbaum | Benoit Faucon | ) www.wsj.com time to read: 1 min

An Israeli-affiliated oil tanker was hit by a suspected Iranian drone Tuesday night in the Gulf of Oman, creating a hole in the ship but causing no injuries or deaths, according to U.S. military officials. The 600-foot Pacific Zircon was traveling through the Gulf of Oman when it was hit by a single drone, the officials said. The strike made a hole in the back of the ship, but the vessel wasn’t disabled, they added.

☆ Israeli-Owned Oil Tanker Hit by Suspected Iranian Drone
▼ + stars: | 2022-11-16 | by ( Dion Nissenbaum | Benoit Faucon | ) www.wsj.com time to read: 1 min

An Israeli-owned oil tanker was hit by a suspected Iranian drone Tuesday night in the Gulf of Oman, according to people familiar with the incident, creating a hole in the ship but causing no injuries or deaths. The 600-foot Pacific Zircon was traveling through the Gulf of Oman when it was hit by a single drone, the people said. The strike made a hole in the back of the ship, but the vessel wasn’t disabled, they added.

☆ Scotland recognized as world’s best golf destination
▼ + stars: | 2022-11-16 | by ( Jack Bantock | ) edition.cnn.com time to read: +10 min

Having hosted the game for almost six centuries, “the home of golf” – as Scotland is known – was recognized as the World’s Best Golf Destination for the very first time at the ninth edition of the annual World Golf Awards in Abu Dhabi this week. Despite the dominance of its legendary St. Andrews Old Course in the World’s Best Golf Course category – with five successive wins after the award’s inception – Scotland had never been recognized as the sport’s best destination. Ross Kinnaird / Getty Images Tom Holland: Part-time web-slinger, full-time golf swinger -- the "Spider-Man" lead is a self-confessed golf addict. Richard Heathcote/R&A/Getty Images“Scottish golf tourism is thriving, and Scotland is a bucket list destination for most golfers around the World,” added Dermot Synnott, Director of Global Partnership for the World Golf Awards. Meanwhile, JA The Resort Golf Course in Dubai won Best Nine Hole Golf Course and Costa Navarino in Greece was recognized as the World’s Best Emerging Golf Destination.

☆ Justice Department Opens Probe Into Killing of Palestinian-American Al Jazeera Journalist
▼ + stars: | 2022-11-15 | by ( Dion Nissenbaum | ) www.wsj.com time to read: 1 min

A photo of journalist Shireen Abu Akleh is seen at a candlelight vigil held for her in Cairo. The Justice Department has opened an investigation into the killing of a Palestinian-American journalist shot dead earlier this year while covering an Israeli miliary raid in the West Bank, Israeli officials said Monday, vowing not to cooperate with the U.S. probe. U.S. officials recently notified Israel that the Justice Department is investigating the death of Shireen Abu Akleh, a veteran Al Jazeera journalist killed in May. A series of independent investigations concluded that an Israeli soldier about 200 yards away likely shot Ms. Abu Akleh as she walked up a road wearing body armor with the word “PRESS” on the front.

☆ Israel Faces Pressure to Provide Air-Defense Systems to Ukraine
▼ + stars: | 2022-11-12 | by ( Alan Cullison | Dion Nissenbaum | ) www.wsj.com time to read: 1 min

Pressure is building on Israel to send weapons to Ukraine, as Moscow steps up strikes against the country’s civilian infrastructure, and Benjamin Netanyahu has vowed to review Israel’s approach to the conflict if he returns as prime minister as expected. Russia in recent weeks has been using drones supplied by Iran, Israel’s traditional enemy, as part of a punishing air campaign, which Kyiv says has affected more than 40% of Ukraine’s power grid. Ukrainian defense officials say Israeli expertise could be crucial in surviving Russia’s assault and are hopeful the U.S. ally is ready now to cooperate.

Nawaff Assad, wearing a mask, was consoled at a gathering to mourn the death of his 78-year-old brother, Omar Assad, who had been detained by soldiers from Israel’s Netzah Yehuda battalion. The Israeli military said Thursday that it is considering filing charges against two soldiers over the death earlier this year of a 78-year-old Palestinian-American, Omar Assad , who died after being detained by Israeli soldiers at an impromptu West Bank checkpoint. Military lawyers informed attorneys for the two soldiers that they are considering pursuing charges against them for their actions the night Mr. Assad died, the Israeli military said. Attorneys for the two men said they don’t believe their clients will face manslaughter charges, because investigators haven’t been able to directly link their actions to Mr. Assad’s death. The decision to charge the soldiers is pending a hearing.

☆ Threat of Iran Attack Has Eased, U.S. and Persian Gulf Officials Say
▼ + stars: | 2022-11-03 | by ( Dion Nissenbaum | ) www.wsj.com time to read: 1 min

Saudi officials had said Iran might stage an attack to deflect attention from a protest movement. The threat of an Iranian attack on Saudi Arabia or other Middle East neighbors has eased but not passed, Persian Gulf and U.S. officials said, days after Riyadh and Washington shared intelligence indicating an imminent strike. U.S., Saudi and other military forces had been on heightened alert for an attack from Iran, as tensions between Riyadh and Tehran reached their highest point in years. The Islamic Revolutionary Guard Corps had threatened Saudi Arabia over the coverage of Iranian protests by a Saudi-backed Farsi-language television station, Iran International.

☆ Before OPEC+ Production Cut, Saudis Heard Objections From a Top Ally, the U.A.E.
▼ + stars: | 2022-11-01 | by ( Summer Said | Dion Nissenbaum | ) www.wsj.com time to read: 1 min

Sheikh Tahnoun bin Zayed Al Nahyan, shown in December, is the U.A.E.’s national security adviser and brother of its president. ABU DHABI—The United Arab Emirates sent its national security adviser to Riyadh in September on a secret mission to dissuade Saudi Arabia’s crown prince from pushing an oil-production cut that would anger the U.S. and risk painting oil producers as Russian allies, people familiar with the trip said. The Emirati official, Sheikh Tahnoun bin Zayed Al Nahyan, a brother of the U.A.E.’s president, met with Saudi Crown Prince Mohammad bin Salman and echoed Washington’s view that reducing output wasn’t economically necessary and warned of geopolitical fallout, the people said.

☆ Saudi Arabia, U.S. on High Alert After Warning of Imminent Iranian Attack
▼ + stars: | 2022-11-01 | by ( Dion Nissenbaum | ) www.wsj.com time to read: 1 min

Saudi Arabia has shared intelligence with the U.S. warning of an imminent attack from Iran on targets in the kingdom, putting the American military and others in the Middle East on an elevated alert level, Saudi and U.S. officials said. In response to the warning, Saudi Arabia, the U.S. and several other neighboring states have raised the level of alert for their military forces, the officials said. They didn’t provide more details on the Saudi intelligence.

SHABTIN, West Bank—When an Israeli military patrol was secretly filmed beating two young Palestinian men in August, the 14-second video posted on TikTok triggered a new furor for Israel. The soldiers were quickly suspended from duty. Israel’s top military officer denounced the men as unworthy of wearing their uniforms after the army opened a criminal investigation. And a prominent Israeli minister called for the battalion whose members were responsible for the beating to be dissolved.

☆ Iranian Drones in Ukraine Project Tehran’s Power Beyond Mideast, Testing U.S., Europe
▼ + stars: | 2022-10-28 | by ( Dion Nissenbaum | Benoit Faucon | ) www.wsj.com time to read: 1 min

Russia’s expanding use of Iranian drones in Ukraine poses an increasing threat for the U.S. and its European allies as Tehran attempts to project military power beyond the Middle East. In recent weeks, Ukrainian officials say, Russia has launched more than 300 Iranian drones that have targeted military units, power plants and civilian buildings in the capital, Kyiv. The Ukrainian military said it has shot down more than 70% of the drones, but Ukrainian officials are asking the U.S. and NATO allies for more help to counter the threat. The North Atlantic Treaty Organization has vowed to rush hundreds of drone jammers to Ukraine as part of a deepening effort to shore up Ukraine’s air defenses.

☆ Inflation Has Sparked Record Credit-Card Debt: How Things Could Get Messy
▼ + stars: | 2022-10-27 | by ( Dion Rabouin | ) www.wsj.com time to read: 1 min

E39Treasury Bonds May Be 2022’s Coolest Investment. Here’s Why. Many new investors don’t know much about bond investing or how much they can earn with low risk by investing in U.S. government bonds. WSJ’s Dion Rabouin seeks to change that with a rad new commercial appealing to America’s youth. Illustration: David Fang

Some, like fossil fuel-burning Saskatchewan and Alberta, say the federal government's plan for a 2035 net-zero grid is unrealistic. The challenges Canada faces underline how difficult meeting net-zero electrification goals will be globally. Reuters GraphicsUnlike Canada, the United States has a federal electricity regulator and mostly delivers power through regionally integrated systems, which may make it more nimble to transform the grid. Provinces regulate Canada's electricity utilities, but the federal government has some jurisdiction over the environment. The Alberta Electric System Operator in June estimated it would cost an additional C$44 billion to C$52 billion ($38.18 billion) to meet Ottawa's 2035 net-zero mandate.

☆ Ukraine and Iran Loom Large in Israeli President Herzog’s Visit to Washington
▼ + stars: | 2022-10-26 | by ( Dion Nissenbaum | ) www.wsj.com time to read: 1 min

Israeli President Isaac Herzog, speaking on Capitol Hill on Tuesday, is seeking to spotlight the Iranian role in aiding Russia’s war in Ukraine. Israeli President Isaac Herzog arrived in Washington this week with new warnings about the expanding threat Iran poses to the world, but pushed back on requests from Ukraine to start providing it with military aid to help it neutralize the growing danger posed by Russia’s use of Iranian drones. The war in Ukraine dominated the Israeli president’s first official visit to Washington, where Mr. Herzog sought to spotlight the Iranian role in aiding Russia’s war in Ukraine.

RIYADH, Saudi Arabia—An unwritten pact binding the U.S. and Saudi Arabia has survived 15 presidents and seven kings through an Arab oil embargo, two Persian Gulf wars and the Sept. 11 terrorist attacks. Now, it is fracturing under two leaders who don’t like or trust each other. Saudi Crown Prince Mohammed bin Salman , the kingdom’s 37-year-old day-to-day ruler, mocks President Biden in private, making fun of the 79-year-old’s gaffes and questioning his mental acuity, according to people inside the Saudi government. He has told advisers he hasn’t been impressed with Mr. Biden since his days as vice president, and much preferred former President Donald Trump, the people said.

☆ That Sky-High I Bond Interest Rate Will Be Coming Down to Earth
▼ + stars: | 2022-10-12 | by ( Dion Rabouin | ) www.wsj.com time to read: 1 min

Inflation-adjusted Series I savings bonds have been the most enticing place to park your cash this year—nearly 10% interest, backed by the U.S. government, the safest investment around. In a few weeks, a little of the luster will fade. I Bonds would likely pay about 6.4% interest beginning Nov. 1 if the consumer-price index rises as economists expect by 0.2% monthly and 8.1% year-over-year. Savers loaded up on I Bonds when the rate leapt to 9.62% in May, the highest interest rate since I Bonds were introduced in 1998.

RIYADH, Saudi Arabia—Days before a major oil-production cut by OPEC and its Russia-led allies, U.S. officials called their counterparts in Saudi Arabia and other big Gulf producers with an urgent appeal—delay the decision for another month, according to people familiar with the talks. The answer: a resounding no. U.S. officials warned Saudi leaders that a cut would be viewed as a clear choice by Riyadh to side with Russia in the Ukraine war and that the move would weaken already-waning support in Washington for the kingdom, the people said.

☆ Crypto Exchange Bittrex to Pay $29 Million Over Violating Sanctions
▼ + stars: | 2022-10-11 | by ( Mengqi Sun | ) www.wsj.com time to read: +3 min

Cryptocurrency exchange Bittrex Inc. will pay $29 million to the U.S. Treasury Department to settle allegations that it violated sanctions and anti-money-laundering laws. The Treasury said Tuesday that fined Seattle-based Bittrex a total of $53 million: a $24 million penalty from the Office of Foreign Assets Control, the Treasury unit that enforces sanctions, and $29 million fine from the Financial Crimes Enforcement Network, which combats illicit finance. As a result, Bittrex will pay about $29 million out of pocket. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. Bittrex collected customers’ internet protocol address and physical address information when they joined the platform, OFAC said, but the exchange failed to screen this information for potential sanctions violations.

ScienceThe benefits and difficulties of liquid hydrogen as a propellant for rocket launches are well known to engineers at the space agency. Some space companies aren’t using the fuel for engines on rockets they are developing.

☆ U.S. Companies Are Reshoring Jobs From China at Record Levels
▼ + stars: | 2022-09-27 | by ( Dion Rabouin | ) www.wsj.com time to read: 1 min

E37China’s Economy Is Slumping. Here’s What It Means for the U.S. Covid-19 lockdowns, corruption crackdowns and more have put China’s economy on a potential crash course. WSJ’s Dion Rabouin explains how China’s economic downturn could harm the U.S. and the rest of the world. Illustration: David Fang

☆ Pensions Brace for Private-Equity Losses
▼ + stars: | 2022-09-24 | by ( Heather Gillers | Dion Rabouin | ) www.wsj.com time to read: 1 min

Public pension funds are already reporting big losses in 2022. Things are likely to get uglier. That is because the funds, which manage around $5 trillion in retirement savings for the nation’s teachers, firefighters and other public workers, haven’t yet factored in second-quarter returns on private equity and other illiquid investments.

☆ Binance Hires Compliance Chief From Crypto Rival Kraken
▼ + stars: | 2022-09-23 | by ( Mengqi Sun | ) www.wsj.com time to read: +2 min

Binance, the world’s largest cryptocurrency exchange by spot-trading volume, has snatched up the former chief compliance officer from rival Kraken, as the industry continues to ramp up its compliance efforts. Steven Christie, who oversaw global compliance at Kraken for more than four years, joined Binance as its senior vice president of compliance in May, a Binance spokeswoman said Thursday. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. San Francisco-based Kraken said Wednesday that it expects to hire a new chief compliance officer in the next few weeks. The demand for compliance and legal talent in the crypto industry has continued in recent months, despite tumbling crypto prices and layoffs, as the industry faces increased regulatory pressure.

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