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☆ After flipping 13 votes in his favor, McCarthy loses yet another floor vote in seemingly endless speaker bid
▼ + stars: | 2023-01-06 | by ( Warren Rojas | ) www.businessinsider.com time to read: +3 min

Kevin McCarthy lost his 12th speaker ballot Friday. The converts are still reviewing rules changes McCarthy has promised in exchange for the gavel. "Watch here and you'll see some people who have been voting against me voting for me," McCarthy told reporters at the US Capitol. Republican Reps.-elect Ken Buck of Colorado and Wesley Hunt of Texas, both McCarthy supporters, were both absent Friday morning because of personal reasons. "You only earn the position if you get the votes," Gaetz said on the House floor, a taunt that caused McCarthy supporter Rep-elect Mike Bost of Illinois to shout his disapproval.

☆ NHL roundup: Connor McDavid hits milestone in Oilers' win
▼ + stars: | 2023-01-06 | by ( ) www.reuters.com time to read: +7 min

Barzal is on a career-best, five-game goal streak, and he has six goals and two assists during that span. Vancouver goaltender Collin Delia made 30 saves, while Elias Pettersson, Oliver Ekman-Larsson and Ilya Mikheyev each collected two assists. Ty Smith also scored for Pittsburgh, which lost its sixth straight game, just one off matching its longest losing streak of the season. Nicolas Aube-Kubel, Martin Fehervary and Garnet Hathaway also scored, Dylan Strome had three assists, and Darcy Kuemper made 25 saves. Washington has won a franchise-record seven straight road games and is 7-0-2 in its past nine games overall and 12-2-3 in its past 17.

HONG KONG/BEIJING, Jan 6 (Reuters) - China is in talks with Pfizer Inc (PFE.N) to secure a licence that will allow domestic drugmakers to manufacture and distribute a generic version of the U.S. firm's COVID-19 antiviral drug Paxlovid in China, three sources told Reuters. In February last year, China approved Paxlovid, which was supposed to be largely available via hospitals, to treat high-risk patients in several provinces. Pfizer last month reached an agreement to export Paxlovid to China through a local company to make the medicine more widely available. A Pfizer spokesperson said the company is actively collaborating with Chinese authorities and all stakeholders to secure an adequate supply of Paxlovid in China. That licence does not allow the companies to sell generic Paxlovid in China.

☆ Giving away more power did nothing for Kevin McCarthy, who lost his 8th House speaker ballot after further bowing to dissidents' demands
▼ + stars: | 2023-01-05 | by ( Warren Rojas | Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Kevin McCarthy kept flailing Thursday as 20 House conservatives torched another speaker vote. Republican Rep. Josh Gottheimer, who was once a thorn in House Democrats' side, said the GOP could be in for chaos if talks could on their current trajectory. Republican Rep. Dan Crenshaw of Texas previously compared bringing back the procedural maneuver to governing "with a gun to your head." According to multiple reports, McCarthy has now agreed to let a single House Republican wield that power. This almost certainly means McCarthy would need to rely on House Democrats, a scenario that has doomed past GOP speakers.

☆ This $3,000 self-driving stroller isn't as terrifying as it sounds. It's basically a nanny on wheels.
▼ + stars: | 2023-01-05 | by ( Aaron Mok | ) www.businessinsider.com time to read: +2 min

Canadian startup Glüxkind is selling a self-driving baby stroller called the Ella AI for $3,300. Ella AI was displayed at the 2023 Consumer Electronic Show and is slated to be available in April. Parents can also activate hands-free strolling, which allows the stroller to drive itself when a baby wants to walk or be held. For additional support, the Glüxkind stroller has a built in a "rock-my-baby" mode which automatically rocks the stroller for a comforting effect when the stroller is not in motion. Check out a demo of the Ella AI:

☆ BuzzFeed's $300M purchase of Complex promised to grow both brands, but insiders say strategies have clashed and Complex's culture is being 'completely gutted'
▼ + stars: | 2023-01-03 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

Complex insiders worry that the cuts threaten their brand's culture and future. Clashing video strategies as some fear Complex culture is being 'completely gutted'Kevin Hart appeared on Complex's "Hot Ones" series. Before joining with BuzzFeed, Complex's then-CEO Rich Antoniello had conversations with Vice Media and Vox Media. But Complex insiders felt especially aggrieved when, this fall, BuzzFeed announced a global expansion for ComplexCon. To Complex insiders, BuzzFeed's plan to take the event to Australia, Europe, and Asia simultaneously was unrealistic and under-resourced.

☆ NHL roundup: Bruins win Winter Classic on late goal
▼ + stars: | 2023-01-03 | by ( ) www.reuters.com time to read: +2 min

January 3 - Jake DeBrusk scored a pair of third-period goals to lead the Boston Bruins to a 2-1 win over the visiting Pittsburgh Penguins on Monday afternoon in the NHL Winter Classic at Fenway Park. Linus Ullmark (21-1-1) made 26 saves for Boston, holding off a late Pittsburgh flurry on which Evgeni Malkin beat him just after the final buzzer sounded. Kasperi Kapanen scored the lone goal for Pittsburgh, which is now on a five-game losing streak (0-3-2). Roy had gone 17 games without a goal before scoring his sixth and seventh of the season to put Vegas up 3-1. Flyers 4, Ducks 1Samuel Ersson made 28 saves to win his third straight start as visiting Philadelphia defeated Anaheim.

☆ Meet the team behind CNN’s ‘New Year’s Eve Live’
▼ + stars: | 2022-12-31 | by ( Tricia Escobedo | ) edition.cnn.com time to read: +5 min

ET as Anderson Cooper and Andy Cohen co-host CNN’s “New Year’s Eve Live” from New York City’s Times Square. CNN —Every New Year’s Eve, Anderson Cooper and Andy Cohen host four-and-a-half hours of live television, joined by celebrity guests and performers, as they count down to the new year. “New Year’s Eve Live” is created by “a patchwork team of CNN employees from different show teams, bureaus and units from around the globe,” Hall explained. Here’s what Doft and Hall told us about the live special and what we can look forward to Saturday night:This is the 20th year that Anderson Cooper has hosted ‘New Year’s Eve Live’ on CNN. In fact, it’s why he chooses to anchor “New Year’s Eve Live” — to make sure the audience has a place to go and to fill people with hope, laughter and love.

[1/6] Hoak's restaurant is covered in ice from the spray of Lake Erie waves during a winter storm that hit the Buffalo region in Hamburg, New York, U.S. December 24, 2022. Twenty-eight people have died so far in weather-related incidents across the country, according to an NBC News tally. The Buffalo airport had recorded 43 inches (109 cm) of snow as of 7 a.m ET (1200 GMT) on Sunday, Otto said. "Another one to two feet in general before Monday morning in the Buffalo area is expected," Otto said. "I guess you can say in some ways, the worst of it is over but there's still some pretty significant snowfall that's ongoing around the Buffalo region today."

☆ Energy stocks had a blowout performance this year. In 2023, the outlook is more uncertain
▼ + stars: | 2022-12-25 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

After enjoying a monster rally in 2022, energy stocks are heading into an uncertain new year. Energy stocks surged this year after the war in Ukraine interrupted the global oil supply, and drove up the price of a barrel of oil. Ongoing geopolitical risks To be sure, not everyone believes that the outlook is positive for energy stocks, especially without the resolution of some ongoing geopolitical disruptions. That would be bad even for energy stocks. If they do add to their energy allocation, he stressed a preference for U.S. energy over global energy for a "more stable" investment environment.

☆ Complex insiders say owner BuzzFeed has shed key talent, failed to invest in core content, and threatens to dilute the hip culture brand: 'The BuzzFeed ethos does not get it'
▼ + stars: | 2022-12-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

Clashing video strategies as some fear Complex culture is being 'completely gutted'Kevin Hart appeared on Complex's "Hot Ones" series. Before joining with BuzzFeed, Complex's then-CEO Rich Antoniello had conversations with Vice Media and Vox Media. Rubbing salt in the wound, Complex insiders said they felt their brand was scrappier and more culturally relevant than BuzzFeed, which many consider past its prime. But Complex insiders felt especially aggrieved when, this fall, BuzzFeed announced a global expansion for ComplexCon. To Complex insiders, BuzzFeed's plan to take the event to Australia, Europe, and Asia simultaneously was unrealistic and under-resourced.

☆ This oil and gas VC upended his career to start a plant-based burger chain. Now, he's raised $20 million to open new restaurants with plans to steal market share from McDonald's.
▼ + stars: | 2022-12-22 | by ( Nancy Luna | ) www.businessinsider.com time to read: +6 min

Next Level Burger, which makes plant-based burgers, was cofounded in 2014 by Matt de Gruyter. Next Level Burger plans to triple in size and steal share from McDonald's, de Gruyter said. In his quest to align his career with this diet, he quit his job and launched a restaurant serving plant-based burgers in 2014. Both became early backers of de Gruyter's brand, Next Level Burger, which has grown to nine restaurants in six states. The restaurant chain announced a $20 million raise on Tuesday, led by Payne and his wife, Nicole Brodeur.

☆ The Fed must bring down goods spending to control inflation, says Brookings' Wendy Edelberg
▼ + stars: | 2022-12-21 | 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 EmailThe Fed must bring down goods spending to control inflation, says Brookings' Wendy EdelbergWendy Edelberg, a Brookings Institutions economic studies senior fellow, and Kevin Hassett, former Council of Economic Advisers chairman under President Donald Trump, join CNBC's 'Squawk Box' to discuss how the Federal Reserve should tame inflation.

☆ Trump tells House GOP holdouts to drop their opposition to Kevin McCarthy's bid for speaker, says they're 'playing a very dangerous game'
▼ + stars: | 2022-12-18 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Trump has called on House GOP holdouts to drop their opposition to McCarthy's speakership. During a Brietbart interview, the former president said McCarthy "deserves the shot" to lead. "Look, I think this Kevin has worked very hard," Trump said during the interview. Hopefully, he's going to be very strong and going to be very good and he's going to do what everybody wants." But I have to tell them, and I have told them, you're playing a very dangerous game," he added.

☆ Even Steve Bannon thinks Trump's NFT sale is stupid, and called for everyone involved to be fired
▼ + stars: | 2022-12-16 | by ( Tom Porter | ) www.businessinsider.com time to read: +2 min

Steve Bannon ridiculed Donald Trump's NFT announcement Thursday. Trump posted a picture of himself in a superhero costume in announcing the NFT release. Bannon said that the people who put together the Trump launch need to be fired. The announcement drew mockery and derision, even from usually steadfast allies such as Bannon, a far-right podcaster and former Trump advisor. "Whoever told Trump to do this should be fired," Keith and Kevin Hodge, two Trump-supporting comedians said on Twitter.

CNN —House GOP Leader Kevin McCarthy took to Fox News primetime last week and dinged his counterpart across the Capitol: Senate GOP Leader Mitch McConnell. In the new Congress, McConnell will lead a 49-seat Senate minority while McCarthy will have 222 Republican seats in the House. That’s because McCarthy, like many other House Republicans, doesn’t want to deal with the threat of a government shutdown immediately upon entering their new majority. One Republican lawmaker pointed out that McConnell and McCarthy are dealing with different conferences and political dynamics, which explains their sometimes conflicting approaches. “Mitch McConnell and Kevin McCarthy are gonna be just fine.”

HONG KONG/BEIJING, Dec 9 (Reuters) - Chinese regulators and state-owned banks are taking steps to split staff at their workplaces in Beijing, sources told Reuters, as businesses brace for a possible spike in COVID cases after China relaxed virus restrictions in a major policy shift. Other staff are required to work from home, they added. Among China's big four state-owned banks, Bank of China (BOC) (601988.SS) has released a notice to staff that it would split its Beijing workforce into three groups, working in the office on alternate weeks, said a person with direct knowledge. But the bank has yet to decide when to start such rotations, the person added. Other large state banks have also made similar arrangements - splitting up staff into rotating shifts while maintaining a maximum of 10%-20% of staff occupancy in their headquarters in Beijing, said two other people with knowledge of the matter.

☆ The company behind Bored Ape Yacht Club NFTs is being sued for using celebrities to promote their products
▼ + stars: | 2022-12-11 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

The firm behind Bored Ape Yacht Club NFTs is being sued for not disclosing celebrities' involvement. The lawsuit alleged that Yuga Labs manufactured celebrity endorsements and misleading promotions. The legal action against blockchain cryptocurrency startup Yuga Labs was filed on Friday in California District Court. The unique selling point of Yuga Labs' NFT collection, called the Bored Ape Yacht Club, is that NFT owners become members of an exclusive "club" that included these celebrities. Yuga Labs didn't immediately respond to a request for comment from Insider.

☆ Druski on staying 'that number one go-to guy for comedy,' and business advice from Drake
▼ + stars: | 2022-12-09 | by ( John Lynch | ) www.businessinsider.com time to read: +13 min

Like I just can't imagine falling off or having a short career, or just not being that number one go-to guy for comedy, you know? And yeah, he's ... bro, that dude has mastered ... [laugh], like, the art of everything, you know? And yeah, he's just such an inspiration, and it's great to have him as a friend. Oh yeah, definitely. So it's like, y'all can't no longer say it don't equivilate to real money, 'cause, hey, look at us know, you know I'm saying?

Scientists have analyzed what they say is the oldest DNA recovered to date, allowing them to reconstruct what life was like two million years ago in northern Greenland. The findings suggest a rich ecosystem that sustained a mix of animals and plants that doesn’t coexist anywhere on Earth today. The researchers analyzed fragments of ancient DNA preserved in the area’s sediments. The region hosted mastodons, reindeer, lemmings and geese, as well as birch, poplar and thuja trees. Horseshoe crabs, green algae and other marine life occupied nearby waters.

☆ A rare fund in the green this year succeeds by betting on stocks that work even in a recession
▼ + stars: | 2022-12-07 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

As investors brace for more volatility in 2023, one fund beat the market this year by betting on stocks that work even in a recession. The fund's current portfolio managers started at the fund in June 2019. The select portfolio has a 0.680% expense ratio, and a minimum initial investment of $1,000. Contrarian flair For the portfolio managers, one of the stock picks that best exemplifies their investing style is Las Vegas Sands . Through it all, the portfolio managers advise keeping a long-term time investment horizon and patience, especially in a volatile macroeconomic backdrop.

☆ 2022 People’s Choice Awards: The winners list
▼ + stars: | 2022-12-07 | by ( Lisa Respers France | ) edition.cnn.com time to read: +3 min

CNN —The fans have spoken about what they found to be the best in movies, television, music and pop culture. “Saturday Night Live” cast member and comedian Kenan Thompson hosted the 2022 People’s Choice Awards from the Barker Hangar in Santa Monica, California, which aired on NBC and E! Award-winning actor, producer, screenwriter and entrepreneur Ryan Reynolds was honored with the People’s Icon Award, while Emmy and Grammy award-winning performer Lizzo was presented with the People’s Champion Award. Lizzo is seen performing at the Citi Concert Series for the 'Today' show at the Rockefeller Plaza on July 15, 2022 in New York City. Shania Twain performs on stage during the 2022 People's Choice Awards held at the Barker Hangar on December 6, 2022 in Santa Monica, California.

HONG KONG, Dec 5 (Reuters) - China may announce 10 new COVID-19 easing measures as early as Wednesday, two sources with knowledge of the matter told Reuters, supplementing 20 unveiled in November that set off a wave of COVID easing steps nationwide. Management of the disease may be downgraded as soon as January, to the less strict Category B from the current top-level Category A of infectious disease, the sources said on Monday, speaking on condition of anonymity. China will allow home quarantine for some of those testing positive, among the supplementary measures set to be announced, two sources told Reuters last week. COVID-19 could be downgraded to Category B management or even Category C, the expert told Yicai. read moreWriting by Ryan Woo; Editing by Alison Williams and Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

☆ Analysis: As economy stutters, China's youth seek safety of civil service
▼ + stars: | 2022-12-01 | by ( Eduardo Baptista | ) www.reuters.com time to read: +6 min

The wishes of Lau's parents that she had a "safe" civil service career suddenly made more sense. Alicia Garcia-Herrero, chief economist for Asia Pacific at Natixis, says the preference for civil servant jobs has surged. On social media, young Chinese refer to the civil service as "the end of the universe," meaning the safest place around in such an environment. "Being a civil servant gives you a lot of stability," she said. “The present state of the job market has definitely increased my desire to become a civil servant," she said.

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