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The other tier comprises mainstream vessels that use Western services for legal oil shipments, including from Russia under the terms of the price cap. In the short term, available ghost vessels could be in particular demand, making chartering them more expensive. Even so, some analysts say removing the price cap could be the way to really punish Russia. But he said that was very unlikely because the price cap at least allows Russian oil to flow, thereby moderating international prices. "The Biden administration is already reeling from higher oil prices compounded by the unrest in Gaza, potentially spreading to a wider Middle Eastern conflict.

Persons: Alexandre Meneghini, Ioannis Papadimitriou, Mike Salthouse, FGE, Vortexa’s Papadimitriou, Richard Bronze, Adi Imsirovic, Biden, Natalie Grover, Robert Harvey, Julia Payne, Andrea Shalal, Barbara Lewis Organizations: REUTERS, Reuters, Maersk, EU, White House, United Arab, Shell, BP, Exxon Mobil, Exxon, U.S, . Treasury, Treasury, Novy Port, Surrey Clean Energy, Thomson Locations: Liberia, Russia, Matanzas, Matanzas , Cuba, Ukraine, United States, Euronav, Turkey, United Arab Emirates, U.S, India, Novy, Gaza, London, Brussels, Washington

☆ Powerful senators fire off letter decrying 'abusive' tactics in Corizon bankruptcy
▼ + stars: | 2023-10-25 | by ( Dakin Campbell | Nicole Einbinder | ) www.businessinsider.com time to read: +10 min

Nine US senators including Elizabeth Warren, Dick Durbin, and Bernie Sanders have sent a letter to Corizon leaders demanding answers on its bankruptcy. The letter says Corizon has sought "to manipulate bankruptcy law" and calls the strategy "abusive." Citing Insider's reporting, the senators gave Corizon two weeks to turn over details about its use of the Texas Two-Step to shield assets from creditors. AdvertisementAdvertisementA powerful group of senators have pressed for answers about the bankruptcy of the private prison healthcare provider formerly known as Corizon Health. "The Texas Two-Step is a distorted use of the U.S. bankruptcy system by corporations to evade mass tort liability," the senators write.

Persons: Elizabeth Warren, Dick Durbin, Bernie Sanders, Corizon, —, Cory Booker, Ron Wyden, Tehum, Jeffrey Sholey, Isaac Lefkowitz, Tehum's, Sholey, Lefkowitz, Sen, Warren, YesCare, Hector Garcia, Adria Malcom, excoriate Corizon, Hector Garcia Jr, David Jones, Jones, Christopher Lopez, Durbin, Johnson, Sanders, Booker, Wyden, Democratic Sens, Richard Blumenthal, Mazie, Jeff Merkley, Peter Welch of Organizations: Service, Tehum Care, Finance, Corizon, Detention, Genesis Healthcare, Geneva Consulting, Genesis, Geneva Consulting —, Genesis HealthCare Inc, US, Texas, Committee, Democratic Locations: Texas, Ana, Las Cruces , New Mexico, New Mexico, Alabama, Richard Blumenthal of Connecticut, Hawaii, Oregon, Peter Welch of Vermont

☆ Ackman's bet against US Treasuries pays off with $200 mln profit
▼ + stars: | 2023-10-25 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

Ackman said on Monday on X, "we covered our bond short" some 12 weeks after he announced the bet on the messaging platform formerly known as Twitter. "The economy is slowing faster than recent data suggests," Ackman said in the post, adding "There is too much risk in the world to remain short bonds at current long-term rates." The yield on the 30-year Treasuries was around 4.16% when he announced his bet against them. He said the Treasury yield, which moves in the opposite direction of prices, could rise to 5.5%. But the conflict between Islamist group Hamas and Israel is unnerving investors and suggests Treasuries could become a safe investment option.

Persons: Bill Ackman, Richard Brian, Ackman, Treasuries, Svea Herbst, Bayliss, Jonathan Oatis Organizations: Pershing Square Capital Management, REUTERS, Companies, Billionaire, U.S, Financial Times, Inc, Restaurant Brands, Canadian Pacific Kansas City Limited, Pershing Square, Treasury, Hamas, Svea, Thomson Locations: Las Vegas , Nevada, U.S, Israel

HONOLULU (AP) — All of West Maui except for burned-out sections of historic Lahaina will reopen to tourism on Nov. 1 following the deadliest U.S. wildfire in more than century, the mayor of Maui County said Monday. Mayor Richard Bissen said he made the move after talking about it with his Lahaina advisory team, the Red Cross and other partners. West Maui has about 11,000 hotel rooms, or about half of Maui's total. Josh Green last month declared West Maui would officially reopen to tourism on Oct. 8 to bring back badly needed jobs and help the economy recover. Residents who have been staying in West Maui hotels and other short-term accommodations after losing their homes in the fire won't lose their lodging, the mayor said.

Persons: Richard Bissen, Josh Green, Bissen, ”, ” Bissen, “ Organizations: Travelers, Hawaii Gov Locations: HONOLULU, West Maui, Lahaina, Maui County, Maui, Hawaii

☆ Billionaire investor Ackman says 'covered our bond short'
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +1 min

Bill Ackman, chief executive officer and portfolio manager at Pershing Square Capital Management, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 18, 2017. REUTERS/Richard Brian/File Photo Acquire Licensing RightsOct 23 (Reuters) - Bill Ackman's hedge fund Pershing Square Capital Management has covered its bond short position, the billionaire investor posted on Monday, saying it was too risky to remain short bonds at current long-term rates. Pershing Square Capital Management did not immediately respond to a Reuters request for additional comment. "The economy is slowing faster than recent data suggests," Ackman wrote on messaging platform X, formerly known as Twitter. One of Wall Street's most voluble investors, Ackman has been using the social media platform to express his opinion on economic policy and presidential politics.

Persons: Bill Ackman, Richard Brian, Bill Ackman's, Ackman, Jaiveer Singh, Shilpi Majumdar Organizations: Pershing Square Capital Management, REUTERS, Capital Management, U.S, Pershing, Twitter, Treasury, Thomson Locations: Las Vegas , Nevada, U.S, Bengaluru

☆ Here's the 6 personality traits you need to found a successful startup
▼ + stars: | 2023-10-22 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

Researchers used AI to determine the personality traits of 21,000 startup founders. They found that the success of a startup is linked to the personality traits of its founder. Here are the six personality traits you need to be a successful founder. AdvertisementAdvertisementA startup founder's personality traits may have a major impact on their company's success, a study published in Nature suggests. AdvertisementAdvertisementThe researchers found that these core personality traits were dramatically different to the wider population, the report says.

Persons: —, Paul X, McCarthy, It's, " McCarthy, Melanie Perkins, Steve Jobs, Richard Branson, Jeff Bezos, Mark Zuckerberg, Larry Page, Sergey Brin, Horacio Villalobos Organizations: Service, Oxford Internet Institute, University of Oxford, University of Technology Sydney, University of Melbourne, University of New Locations: Nature, University of New South Wales, Sydney

Some are bouncing from hotel room to hotel room, in some cases to make way for the return of tourists who are crucial to the local economy. That’s trickier on Maui, an island of about 150,000 people that's a 30-minute plane ride from the nearest major city, Honolulu. She signed a lease on Wednesday, paying the first month's rent and a deposit using aid money and $2,000 from a cousin. Some landlords wanted as much as $8,000 to $10,000 a month, saying they could get that from tourists, Jachowski said. The agency has identified four sites — three in Lahaina and one in central Maui — near power, water and sewer infrastructure.

Persons: — Charles Nahale, Nahale, ” Nahale, Bob Fenton, ” Fenton, Gail McGovern, Josh Green, Tiffany Teruya, ”, Teruya, Matt Jachowski, Jachowski, —, Fenton, Richard Bissen, Roland Cazimero, Jennifer Sinco Kelleher Organizations: Federal Emergency Management Agency, FEMA, Red, Catholic Charities, Maui, Associated Locations: LAHAINA, Hawaii, Lahaina, U.S, Maui, Honolulu, Green

☆ America’s Debt Crisis Burns While Congress Fiddles
▼ + stars: | 2023-10-20 | by ( Tim Smart | ) www.usnews.com time to read: +9 min

Last month, the Penn Wharton Budget Model from the University of Pennsylvania came out with an analysis of the debt crisis entitled “When Does Federal Debt Reach Unsustainable Levels?”Their answer? The concern is that punting the problem into the future, continuing to raise debt even as interest rates rise further or hold at higher levels for longer, the debt will grow even faster in a “snowball” scenario. Similar proposals have been offered over the years but at the same time they seem to lack political support – indeed, Republicans have recently voiced the idea of cutting Social Security. The debt crisis is rapidly worsening at a time when the bond market is having its own set of problems. A recent government auction of debt, an occurrence that is becoming more common as the U.S. borrows more, saw weak demand.

Persons: Dick Cheney, Richard Neal, Democrats –, Blu Putnam, Alan Greenspan, Ben Bernanke, Jerome Powell, ”, Gene Steuerle, Richard B, Fisher, probity, Kevin McCarthy, Kent Smetters, Boettner, Smetters, Richard Robis, Donald Trump Organizations: Capitol, Democratic, Massachusetts, The New York Times, Federal Reserve, Partisans, Democrats, Fed, CME Group, Social Security, Medicare, Urban Institute, California Rep, Penn Wharton Budget, University of Pennsylvania, University of Pennsylvania's Wharton School, Wharton, Social, Republicans, Treasury, Hamas, BCA Research, White House Locations: U.S, United States, Washington, China, Japan, Israel

☆ Tony Fernandes: AirAsia CEO criticized after posting shirtless massage photo on LinkedIn
▼ + stars: | 2023-10-19 | by ( Michelle Toh | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —AirAsia boss Tony Fernandes has created a firestorm on social media after sharing a photo of himself receiving a massage topless during a management meeting. In his post, the business mogul said he’d had “a stressful week,” so a colleague suggested he get a massage. “Got to love Indonesia and AirAsia culture that I can have a massage and do a management meeting,” Fernandes wrote. The post was deleted days later after a wave of criticism, with many LinkedIn users saying his behavior was unprofessional. AirAsia Group rebranded to Capital A last year, in efforts to show how AirAsia was becoming “more than just an airline,” according to a company statement at the time.

Persons: Tony Fernandes, he’d, “, ” Fernandes, Fernandes, ”, Richard Branson of Organizations: Hong Kong CNN — AirAsia, Malaysian, LinkedIn, AirAsia, CNN, Bloomberg, relaunching AirAsia, Capital, ”, Virgin Group, Warner Music, AirAsia Group Locations: Hong Kong, Indonesia, Richard Branson of Asia, United Kingdom, Asia, Malaysian, Malaysia

☆ Egypt agrees to allow first aid trucks into Gaza as it reels from hospital blast
▼ + stars: | 2023-10-19 | by ( Jessie Yeung | ) edition.cnn.com time to read: +26 min

A woman mourns over a dead man at the Al-Aqsa Martyrs Hospital in Gaza City on Wednesday, October 18. Brendan Smialowski/AFP/Getty Images A view shows the aftermath of a deadly blast that struck Al-Ahli Baptist Hospital in Gaza City on October 18. Abed Khaled/AP Bodies of Palestinians killed in the blast at the Al-Ahli Baptist Hospital lie in front of the Al-Shifa Hospital in Gaza City on October 17. Samar Abu Elouf/The New York Times/Redux Palestinians wait to cross into Egypt at the Rafah border crossing in Gaza on October 16. Yousef Masoud/The New York Times A morgue worker arranges body bags at al-Shifa hospital in Gaza City on October 12.

Persons: Joe Biden, Abdel Fattah el, Sisi, Biden, “ We’re, We’re, Farhan Haq, It’s, Richard Brennan, ”, Belal Khaled, Abed Rahim Khatib, Leon Neal, Hod, Alexi J . Rosenfeld, Ayal Margolin, Antony Blinken, Benjamin Netanyahu, Brendan Smialowski, Ali Jadallah, Netanyahu, Kenny Holston, Abed Khaled, Ariel Schalit, Mohammed Abed, Kfar Aza, Ilia Yefimovich, Khan, Mustafa Hassona, Mahmoud Khaled, Samar Abu, Fatima Shbair, Dor Reder, Violeta Santos Moura, Shir Torem, Wahaj Bani Moufleh, Antonio Macías, Macías, Francisco Seco, Mohammed Saber, Eli Albag, Liri, Mohammed Talatene, Sergey Ponomarev, Hatem Ali, Dor Kedmi, Mahmud Hams, Saher, Hatem Moussa, Abraham Cohen, Valentin Ghnassia, Ghnassia, Yuri Cortez, Yousef Masoud, Ibrahim Hams, Bashar Taleb, Baz Ratner, Jack Guez, Yahya Hassouna, Mapal Adam, Abed Zagout, Tamir Kalifa, Agha, Ibraheem Abu Mustafa, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, Mohammed Salem, CNN Sergey Ponomarev, Eden Guez, Atef Safadi, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Amir Cohen, Ilai Bar Sade, Erik Marmor, Oren Ziv, Ronen Zvulun, Majdi, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Jalaa Marey, Oded, Khan Younis, Ahmad Hasballah, Mohammed Fayq Abu Mostafa, Tsafrir, Ahmad Gharabli, Ilan Rosenberg, Eyad Baba, Itai Ron, Hadas Parush, “, –, Israel, Egypt’s, wouldn’t, Jonathan Conricus, ” Conricus, Xi Jinping, Mostafa Madbouly, ” Xi, Madbouly Organizations: CNN, UN, World Health Organization, WHO, –, Al, Aqsa Martyrs Hospital, Getty, Israel's, Ahli Baptist Hospital, Israel Defense Forces, Israeli, Ben Gurion International, New York Times, Shifa, Palestinian, AP, Reuters, West Bank, Aris Messinis, Haim, Mount, Mount Herzl Military, Nova, Anadolu Agency, Nova Festival, Ben Gurion, Rockets, United Nations, Reuters Police, Reuters Rockets, Hamas, Israel, Islamic Jihad, National Security Council, White House, Egyptian Locations: Egypt, Gaza, Israel, United States, Aqsa, Gaza City, Rafah, Tel Aviv, Hod HaSharon, Kiryat Shmona, AFP, Al, Ahli, Anadolu, Sderot, Gan, Kfar, Khan Younis, North Sinai, Samar, Samar Abu Elouf, Beit Kama, Haifa, Cyprus, Nablus, West, Lebanon, Kfar Saba, Israeli, Be'eri, Rehovot, Mount Herzl, Jerusalem, Kibbutz Be'eri, Modiin Maccabim, Kfar Aza, Ashkelon, Mount Herzel, Yassin, Palestinian, Beitar Ilit, Ramat Gan, Itai, Beit Hanun, Rishon Lezion, Iraq, Jordan, Kuwait, Tunisia, United, Iran, Beijing

☆ Small-cap stocks will 'lead the way' as economy re-accelerates, says Richard Bernstein
▼ + stars: | 2023-10-16 | 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 EmailSmall-cap stocks will 'lead the way' as economy re-accelerates, says Richard BernsteinBob Doll, Crossmark Global Investments, and Richard Bernstein, Richard Bernstein Advisors, join 'Closing Bell: Overtime' to discuss today's stock gains, what this signals for the market, and more.

Persons: Richard Bernstein Bob Doll, Richard Bernstein Organizations: Investments, Richard Bernstein Advisors

☆ Stock futures are little changed as Wall Street look towards busy earnings week: Live updates
▼ + stars: | 2023-10-16 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, September 6, 2022. U.S. stock futures were flat Monday night as the third-quarter earnings season gains momentum. S&P 500 futures ticked up 0.03%, while Nasdaq 100 futures traded near the flatline. The 10-year U.S. Treasury yield rose 7 basis points to 4.7% on Monday. In addition to Tuesday's earnings reports, Wall Street will also be keeping an eye out for fresh economic data.

Persons: Russell, Johnson, Goldman Sachs, Lockheed Martin, Richard Bernstein, CNBC's, Charles Schwab, George Ball, Sanders Morris Harris Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Treasury, Dow, Johnson, Bank of America, Lockheed, Richard Bernstein Advisors, Monday, JPMorgan Chase Locations: New York City, Israel, Iran

☆ Gaza conditions a ‘complete catastrophe,’ official warns as Israel prepares for imminent offensive
▼ + stars: | 2023-10-15 | by ( Helen Regan Hadas Gold Nadeen Ebrahim Abeer Salman Hamdi Alkhshali Jessie Gretener Sara Smart | Helen Regan | Hadas Gold | ) edition.cnn.com time to read: +12 min

The clock is ticking for residents fleeing south through the battered streets of Gaza after the Israeli military told civilians to leave northern areas of the densely populated strip. Richard Brennan, a World Health Organization official in Cairo, told CNN that 60 percent of those killed in Gaza the last week were women and children. MSF’s Benoit told CNN Saturday there is a serious water shortage in Gaza with many people beginning to suffer from severe dehydration. The agency said it was the first official meeting between Iranian officials and Haniyeh since surprise Hamas attack on Israel that Hamas called Al-Aqsa storm. For days, Lebanon-based Palestinian militants have launched rockets into Israel, leading to Israeli attacks on Lebanese territory, including Hezbollah positions.

Persons: Joe Biden, Israel, Jonathan Conricus, “, Mohammed Saber, Salah Al, Deen, Richard Brennan, Khan Younis, Mohammed Salem, ”, Avril Benoit, ’, Egypt’s, Sameh Shoukry, MSF’s Benoit, ” Benoit, Said Khatib, Nebal Farsakh, ” Farsakh, Israel’s, Conricus, Ibraheem Abu Mustafa, Hossein Amir, Abdollahian, Ismail Haniyeh, Issam Abdallah, Dwight D, Eisenhower –, Gerald R, Ford Organizations: Jerusalem CNN, Hamas, Pentagon, Israel Defense Forces, CNN, ”, Palestinian Health Ministry, Health Organization, Reuters, United Nations, Getty, Palestine Red Crescent Society, World Health Organization, WHO, Aris Messinis, UN, Hezbollah, US Locations: Gaza, Jerusalem, Iran, Lebanon, Al, Gaza City, Israel, Cairo, Palestinian, Egypt’s El, Arish, Rafah, Egypt, Egyptian, AFP, Palestine, Quds, ”, “, Sderot, Syria, Aleppo, Doha, Qatar, Lebanese

☆ Gaza's hospitals are running out of medicine, have no beds for new patients, and could turn into morgues without electricity, Red Cross and officials say
▼ + stars: | 2023-10-12 | by ( Natalie Musumeci | Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Gaza's hospitals "risk turning into morgues," officials and the Red Cross warned. Palestinian health officials said health services in Gaza have entered a "critical stage." Palestinian health officials said Wednesday that health services in the Gaza Strip, where Hamas rules, have now entered a "critical stage" and that "medicines, medical consumption and fuel are running out." "Without electricity, hospitals risk turning into morgues," Carboni warned. "Continued disconnection of the Israeli occupation of electricity, water, and fuel poses a danger to the lives of the injured and patients and causes a serious health and environmental disaster," the Palestinian health ministry said.

Persons: —, Fabrizio Carboni, Carboni, Richard Brennan, Brennan, It's, Israel, Yoav Gallant, Ashraf Al Organizations: Service, Hamas, International Committee, Facebook, Cross, Health, Guardian, WHO, Washington Post, Wall Street, Israel's, Gaza, Palestinian Ministry of Health, CNN Locations: morgues, Gaza, Israel, Palestinian, Egypt, Rafah

☆ How a YouTuber built a media company that's made $800,000 in revenue without ever holding a camera
▼ + stars: | 2023-10-11 | by ( Marta Biino | ) www.businessinsider.com time to read: +5 min

Oliver Gilpin proudly says he's built a YouTube media company without ever filming a single video himself. Unlike the majority of YouTubers, who build media companies based on their likeness, Gilpin is creating an educational media brand, Telos, with animated content. Before shifting his focus solely to his own YouTube channels, Gilpin was running a production agency, NowCreatives. Choosing potential sponsors requires balance, and Gilpin is always looking for brands that fit the educational content his company creates. "If the channel makes money, they make money," he said.

Persons: Oliver Gilpin, he's, Gilpin, Richard Branson, " Gilpin Organizations: Telos, YouTube Locations: NowCreatives, MrSpherical

The airstrikes have killed over 1,100 Palestinians, according to the Gaza Health Ministry. The Israeli military says more than 1,200 were killed and dozens more abducted, and the government declared war, promising a punishing campaign to destroy Hamas' military capabilities. This time, Israeli airstrikes are rapidly laying waste to vast swaths of Gaza, and casualties are mounting too fast for anyone to keep up. In many cases, residents say, the Israeli military has bombed apartment towers without the usual warning shots, wiping out families in their homes. The Israeli military rarely comments on individual airstrikes.

Persons: ”, Miriam Marmur, “, Nebal Farsakh, Richard Brennan, ” Brennan, “ It’s, Muhammad Al, Gharabli, decapitating, Mohammed, Lotfi, Jaber Weshah, Weshah, —, Khalil Abu Yahia, Alaa, Abu Yahia, ___ DeBre, Julia Frankel Organizations: Gaza, Gaza Health Ministry, Officials, Gisha, Palestinian, World Health Organization, United Nations, Shifa Hospital, Associated Press Locations: GAZA, bedsheets ., Gaza City, Gaza, Israel, “, Beit, ”, Jerusalem

☆ The world's first real AI rules are coming soon. Here's what they will look like.
▼ + stars: | 2023-10-10 | by ( Kali Hays | ) www.businessinsider.com time to read: +7 min

The EU may be the first to enact generative AI regulation. The EU is likely to be the first region to enact some form of oversight or regulation around generative AI. The European Commission, which includes two dozen countries, is in late-stage negotiations over the AI Act, which it dubbed "the world's first rules on AI." Some AI tools could be banned in EuropeThe Act was first proposed in 2021, before OpenAI released its generative AI tools ChatGPT and DALL-E, leading the likes of Meta, Google, and Microsoft, to become public players in and leading proponents of generative AI. That one requirement could be enough to keep consumer-level generative AI out of China almost entirely.

Persons: —, OpenAI, they've, Mark Zuckerberg, Richard Blumenthal, Michelle Donnelan Organizations: Service, EU, European Commission, Meta, Google, Microsoft, Companies, EU Commission, White, Department for Science, Innovation, Technology, State for Science, Partnership, Carnegie Endowment, International Locations: China, EU, Brazil, Europe, China Brazil

The Hamas terrorist attack on Israel is reprehensible. Israel is under heavy attack right now by Hamas and taking action to defend itself and its people. Israel has every right to defend itself.”Sen. Jon Tester, Montana Democrat“I strongly condemn the terrorist attacks launched by Hamas against our ally Israel. I will continue to closely monitor the situation.”Sen. Maggie Hassan, New Hampshire Democrat“Hamas’s terrorist attack on Israel is nothing short of horrifying. Israel has every right to defend itself from this unjust war.”Sen. Ron Wyden, Oregon Democrat“The terrorist attack on Israel is appalling.

Persons: Hakeem Jeffries, “, Steve Scalise, ” Kevin McCarthy, ” Chuck Schumer, –, Herzog –, ” Mitch McConnell, ” Tom Emmer, ” Katherine Clarke, ” Dick Durbin, ” John Thune, ” Sen, Debbie Stabenow, Michigan Democrat “, Israel, Amy Klobuchar, Mark Warner, Elizabeth Warren, Massachusetts Democrat “, Bernie Sanders, Cory Booker, Cory Booker , New Jersey Democrat “, Joe Manchin, West Virginia Democrat “, Tammy Baldwin, Wisconsin Democrat “, Gary Peters, Gary Peters , Michigan Democrat “, Catherine Cortez Masto, Brian Schatz, Hawaii Democrat “, Jeff Merkley, Oregon Democrat “, John Barrasso, Joni Ernst, Iowa Republican “, Sen, Shelley Moore Capito, West Virginia Republican “, Steve Daines, Montana Republican “, Mike Lee, Mike Crapo, Chuck Grassley, Tommy Tuberville, Katie Britt, Lisa Murkowski, Dan Sullivan, Kyrsten, Mark Kelly, John Boozman, Tom Cotton, Arkansas Republican “, Alex Padilla, Laphonza Butler, California Democrat “, today’s, Michael Bennet, Colorado Democrat “, John Hickenlooper, Richard Blumenthal, Connecticut Democrat “, Chris Murphy, Tom Carper, Delaware Democrat “, Chris Coons, Marco Rubio, Rick Scott, Jon Ossoff, Georgia Democrat “, Anat Sultan, Raphael Warnock, “ I’m, Mazie, Tammy Duckworth, Todd Young, Mike Braun, Jerry Moran, Kansas Republican “, Hamas’s, Roger Marshall, Netanyahu, Rand Paul, Kentucky Republican “, Bill Cassidy, John Kennedy, Susan Collins, Maine Republican “, Ben Cardin, Maryland Democrat “, Chris Van Hollen, Ed Markey, Tina Smith, Minnesota Democrat “, Roger Wicker ,, Roger Wicker , Mississippi Republican “, Cindy Hyde, Josh Hawley, Eric Schmitt, Jon Tester, Montana Democrat “, Deb Fischer, Nebraska Republican “, Pete Ricketts, Jacky Rosen, Nevada Democrat “, Jeanne Shaheen, Jeanne Shaheen , New Hampshire Democrat “, Maggie Hassan, Maggie Hassan , New Hampshire Democrat “, Bob Menendez, Bob Menendez , New Jersey Democrat “, Martin Heinrich, New Mexico Democrat “, Biden, Ben Ray Lujan, Kirsten Gillibrand, New York Democrat “ I'm, Thom Tillis, Ted Budd, North Carolina Republican “, John Hoeven, John Hoeven , North Dakota Republican “, Kevin Cramer, Sherrod Brown, Ohio Democrat “, J.D, ”, Vance, James Lankford, Markwayne Mullin, Israel –, Ron Wyden, Bob Casey, John Fetterman, craven, Jack Reed, Sheldon Whitehouse, Lindsey Graham, Tim Scott, South Carolina Republican “ I’m, Mike Rounds, South Dakota Republican “ Shocked, Marsha Blackburn, Marsha Blackburn , Tennessee Republican “ Israel, Bill Haggerty, Tennessee Republican “, John Cornyn, John Cornyn , Texas Republican “, Ted Cruz, Mitt, Vile, Peter Welch, Vermont Democrat “, Tim Kaine, Patty Murray, Washington Democrat “, Maria Cantwell, Ron Johnson, Wisconsin Republican “ Israel, Cynthia Lummis, Wyoming Republican “, Jim Jordan, Jared Moskowitz, Abigail Spanberger, Elissa Slotkin, Don Bacon, perpetrating, Cori Bush, Missouri Democrat “, Kevin Hern, Kevin Hern , Oklahoma Republican “, ” Rep, Ritchie Torres, Ritchie Torres , New York Democrat “, Michael McCaul, Michael McCaul , Texas Republican “ I, Ilhan Omar Organizations: Palestinian, Hamas, Biden, House, Michigan Democrat, Minnesota Democrat, Virginia Democrat “, Senate Intelligence, Massachusetts Democrat, Islamic, Cory Booker , New, Cory Booker , New Jersey Democrat, West Virginia Democrat, Wisconsin Democrat, Gary Peters , Michigan Democrat, Nevada Democrat, Hawaii Democrat, State, Oregon Democrat, John Barrasso , Wyoming Republican, Iowa Republican, West Virginia Republican, Montana Republican, Utah Republican, Idaho Republican, Alabama Republican, Alaska Republican, Alaska Republican “, Arizona Democrat, John Boozman , Arkansas Republican “, Jewish, Arkansas Republican, California Democrat, Colorado Democrat, Connecticut Democrat, Delaware Democrat, Israel, Florida Republican, Georgia Democrat, Hawaii Democrat “, Indiana Republican, Indiana Republican “, Kansas Republican, Kentucky Republican, Louisiana Republican, Maine Republican, Maryland Democrat, Roger Wicker , Mississippi Republican, Smith , Mississippi Republican, Josh Hawley , Missouri Republican, Missouri Republican, Montana Democrat, Nebraska Republican, Jeanne Shaheen , New, Jeanne Shaheen , New Hampshire Democrat, Maggie Hassan , New Hampshire Democrat, Bob Menendez , New, Bob Menendez , New Jersey Democrat, New Mexico Democrat, New, New York Democrat, United, North Carolina Republican, John Hoeven , North Dakota Republican, Kevin Cramer , North Dakota Republican “, Ohio Democrat, Vance , Ohio Republican, James Lankford , Oklahoma Republican, Oklahoma Republican, “ Hamas, Rhode, Lindsey Graham , South Carolina Republican, South Carolina Republican, South Dakota Republican, Marsha Blackburn , Tennessee Republican, Tennessee Republican, John Cornyn , Texas Republican, Ted Cruz , Texas Republican, Vermont Democrat, Washington Democrat, Wisconsin Republican, Wyoming Republican, ”, Ohio Republican “, Missouri Democrat, Kevin Hern , Oklahoma Republican, Ritchie Torres , New, Ritchie Torres , New York Democrat, Jewish State, Michael McCaul , Texas Republican Locations: Israel, United States, Tehran, The United States, Iran, Michigan, U.S, Minnesota, Massachusetts, Vermont, Cory Booker ,, Cory Booker , New Jersey, West Virginia, Wisconsin, Gary Peters , Michigan, Nevada, Hawaii, Oregon, John Barrasso , Wyoming, America, Iowa, West, Montana, Iranian, Utah, Idaho, Alabama, Alaska, Alaska Republican “ America, @Israel, Kyrsten Sinema, Arizona, John Boozman , Arkansas, Jewish State, Arkansas, Saudi Arabia, California, Gaza, Colorado, Connecticut, Delaware, Florida, Georgia, Mazie Hirono, Illinois, Kansas, Kentucky, Louisiana, Maine, Maryland, Palestine, Roger Wicker , Mississippi, Smith , Mississippi, Josh Hawley , Missouri, Missouri, Nebraska, Jeanne Shaheen ,, Jeanne Shaheen , New Hampshire, Maggie Hassan , New Hampshire, Bob Menendez ,, Bob Menendez , New Jersey, New Mexico, New York, North, John Hoeven , North, Kevin Cramer , North, Ohio, Vance , Ohio, James Lankford , Oklahoma, Oklahoma, Pennsylvania, Rhode Island, Lindsey Graham , South, South, States, Marsha Blackburn , Tennessee, Tennessee, John Cornyn , Texas, Ted Cruz , Texas, Mitt Romney, Virginia, “ Hamas, Washington, Wyoming, Ohio Republican “ America, Kevin Hern , Oklahoma, Ritchie Torres ,, Ritchie Torres , New York, Michael McCaul , Texas

CNN —The Maui County Council has voted unanimously in favor of a resolution urging Hawaii’s governor to delay the October 8 reopening of West Maui to tourism. Deadly wildfires that broke out in West Maui in early August severely damaged the historic town of Lahaina, killing 97 people and destroying hundreds of residents’ homes. Josh Green previously announced state officials were looking to reopen West Maui beginning Sunday. Josh Green to delay plans to reopen a portion of West Maui to tourism. Green said in a statement Saturday many have asked about the right time to welcome visitors to West Maui.

Persons: Keani Rawlins, Fernandez, “, ” Rawlins, Josh Green, ” Green, Green, Kiakona, ” Kiakona, Tamara Paltin, Audrey McAvoy, Paltin, Richard Bissen Organizations: CNN, ”, Hawaii Gov, Residents, Hawaii Locations: Maui County, West Maui, Lahaina, Hawaii, Maui

Five hotels in West Maui were accepting reservations again, according to their websites and the Maui Hotel and Lodging Association. Many local residents have objected to resuming tourism in West Maui, which includes Lahaina town and a stretch of coastline to the north. Thousands of tourists staying in beachfront hotels north of the burn zone left Maui in the days after the fire. Some 11,000 hotel rooms in West Maui have since either sat empty or housed displaced Lahaina residents under a program administered by the Federal Emergency Management Agency and the Red Cross. Four of the five reopening hotels were in the northernmost section of West Maui, including the Ritz-Carlton at Kapalua.

Persons: Josh Green, Green, Laura Paulson, Richard Bissen, ” Bissen, Bissen, “, ” Paulson Organizations: Maui, Lodging Association, Hawaii, Federal Emergency Management Agency, Wellness, Resilience, Ritz, Carlton Locations: HONOLULU, Maui, Lahaina, West Maui, Maui County, Paia, Maui's, Hana, Kapalua

☆ Parts of West Maui to reopen to tourists on Sunday
▼ + stars: | 2023-10-06 | by ( Forrest Brown | ) edition.cnn.com time to read: +2 min

CNN —Parts of West Maui are still on track to begin a phased reopening to tourists starting Sunday, October 8 – but the action comes with some controversy. ET Friday, the phased reopening was still on schedule according to the Hawai‘i Visitors & Convention Bureau and the office of Maui County Mayor Richard Bissen. Here’s where things stand for the tourism-reliant island heading into the weekend:What’s opening on MauiAreas of West Maui – including Nāpili, Kāʻanapali, Honokōwai and Kapalua – are part of the reopening, according the Hawai‘i Visitors & Convention Bureau. “We advise travelers to check with the individual accommodations in West Maui for their reopening plans,” the Visitors Bureau said. Also, other Hawaiian islands – Kaua‘i, O‘ahu, Lānaʻi, and Hawai‘i Island – have been welcoming visitors all along.

Persons: Josh Green, Richard Bissen, Carlton Maui, Kahana Villa Organizations: CNN, Hawaii Gov, Hawai‘i Visitors, Convention Bureau, Visitors, Convention, Ritz, Carlton, Kahana, Hyatt, Visitors Bureau, Bureau Locations: West Maui, Lahaina, Maui County, Maui, Kapalua, Mahinahina, Royal Lahaina, ”, “ County

☆ US senators examine TikTok hiring of ByteDance executives
▼ + stars: | 2023-10-03 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, Oct 3 (Reuters) - Two U.S. senators said they were investigating short video sharing app TikTok's reported decision recently to hire several high-level executives from its Chinese parent company, ByteDance. Republican Senator Josh Hawley, who sought unanimously consent to win approval for legislation to ban TikTok in May, plans to force a vote on the issue later this year. "We need to come back to it and we need to ban it," he told Reuters last month. "(TikTok) has hired lobbyists by the bazillion, they are in the halls constantly and they have been able to stop progress." TikTok is fighting a ban by the state of Montana set to take effect on Jan. 1.

Persons: Richard Blumenthal, Republican Marsha Blackburn, Shou Zi Chew, TikTok, Maria Cantwell, Josh Hawley, Donald Trump, David Shepardson, Jonathan Oatis, Mark Porter, Alexandra Hudson Organizations: ByteDance, Democrat, Republican, U.S, Biden, White, TikTok, Reuters, HK, Alexandra Hudson Our, Thomson Locations: China, Montana

☆ Explainer: How Bill Ackman's SPARC differs from a SPAC
▼ + stars: | 2023-10-02 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +3 min

Here's how a SPARC differs from a SPAC:DEAL VISIBILITYOne of the biggest differences is a SPARC doesn't require up-front money from investors like a SPAC does. SPAC investors are then given the option to vote down an acquisition or redeem their shares once a deal has been announced. SPARC will only ask for money from investors once it has clinched and disclosed a deal to buy a company. CAPITAL FLEXIBILITYUnlike a SPAC, the amount of money SPARC seeks from investors will vary based on the size of the deal it pursues. This means that SPARC investors will not be diluted by such warrants and will get to keep more of the company.

Persons: Bill Ackman, Richard Brian, Bill Ackman's, Ackman, Tontine, Svea Herbst, Bayliss, Lisa Shumaker Organizations: Pershing Square Capital Management, REUTERS, Pershing Square SPARC Holdings, SPARC, U.S . Securities, Exchange Commission, SEC, Pershing, Tontine Holdings, Universal Music Group, SPACs, Svea, Thomson Locations: Las Vegas , Nevada, U.S, New York, Rhode Island

☆ Stocks vs. bonds: What you need to know
▼ + stars: | 2023-10-02 | 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 EmailStocks vs. bonds: What you need to knowDan Suzuki, deputy chief investment officer at Richard Bernstein advisors, and Bob Michele, JPMorgan head of global fixed income, join 'The Exchange' to discuss treasury yields breaking highs from October 2007, higher valuation asset sensitivity to rising interest rates, and more.

Persons: Dan Suzuki, Richard Bernstein, Bob Michele Organizations: JPMorgan

☆ Ackman's SPARC is seeking new deals with private companies
▼ + stars: | 2023-10-01 | by ( ) www.reuters.com time to read: +1 min

Bill Ackman, chief executive officer and portfolio manager at Pershing Square Capital Management, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 18, 2017. REUTERS/Richard Brian/File Photo Acquire Licensing RightsOct 1 (Reuters) - Pershing Square SPARC Holdings Ltd, said that it will pursue business combinations with privately-held companies after receiving regulatory approval from U.S regulators for distributing special purpose acquisition rights. The SPARC, an affiliate of billionaire investor Bill Ackman's Pershing Square Tontine Holdings Ltd, is targeting companies that seek to raise a minimum of $1.5 billion of capital, it said in a regulatory filing on Friday. Ackman's SPARC is a variation of a special purpose acquisition company (SPAC), the market for which has cooled since its peak in 2021 as investors nursed losses on many deals. Ackman added that he has no idea if X is interested and would still need to determine whether or not a deal is doable.

Persons: Bill Ackman, Richard Brian, Bill Ackman's, Elon Musk's, Ackman, Elon Musk, Jose Joseph Organizations: Pershing Square Capital Management, REUTERS, Pershing Square SPARC Holdings Ltd, SPARC, Tontine Holdings, Wall, Elon, Thomson Locations: Las Vegas , Nevada, U.S, Bengaluru

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