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BEIJING (AP) — A group of U.S. senators visiting Beijing expressed hope Tuesday that they had opened the door ever so slightly to government talks with China on its role in the fentanyl crisis ravaging America. The fact that Xi did not reject the senator's request outright could be hailed as progress reflects how low U.S.-China relations have fallen. The senators made trade and fentanyl their main focus in their meetings with Xi and other Chinese government officials. The U.S. ambassador to China, Nicholas Burns, said the senators made more progress on the issue than he expected. Chinese state media made only brief mention of the fentanyl issue in its coverage of the senators' meetings.

Persons: Chuck Schumer, Xi Jinping, “, ” Schumer, Xi, Joe Biden, Sen, Maggie Hassan, Nicholas Burns, Burns, ”, we’re, Republican Sen, Bill Cassidy, Hassan, shouldn't Organizations: BEIJING, U.S, New, New Hampshire Democrat, Republican Locations: Beijing, China, America, U.S, New Hampshire, Louisiana, United States

☆ California says goodbye to junk fees — no more hidden charges that aren't advertised up-front
▼ + stars: | 2023-10-09 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

California governor Gavin Newsom has signed into law a new bill that outlaws hidden junk fees. The Consumer Financial Protection Bureau estimates that Americans spend at least $29 billion a year on junk fees. AdvertisementAdvertisementThe nonprofit watchdog Consumer Reports estimated in 2019 — based on a survey of more than 2,000 US adults — that 85% of Americans have been charged hidden junk fees. President Joe Biden has made combating junk fees a key priority for his administration since 2022. Biden said in July that "folks are tired of being played for suckers" as he announced measures cracking down on junk fees in the rental housing market.

Persons: Gavin Newsom, —, Sen, Bill Dodds, Nancy Skinner, Vicki Morwitz, Morwitz, Joe Biden, Biden Organizations: Consumer Financial, Service, NBC, SB, Consumer, Bureau, CBS, Columbia Business School Locations: California

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

☆ Shell Bay Club: The private golf course with a $1 million membership fee
▼ + stars: | 2023-10-06 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —A world-class golf course, a racquet center, a private yacht club, and much more – all yours to enjoy, so long as you have a spare million dollars lying around. “It will be a place where you can totally immerse yourself in the game.”Immersion comes at a price, however, with membership initiation fees for The Shell Bay Club coming in at $1 million. Tenants living in the 108 residences and penthouses that make up the 20-story condominium tower overlooking the course receive automatic social club membership, with the option to pay the additional fee for the golf course. By contrast, initiation fees for Georgia’s Augusta National Golf Club, host of The Masters, range from $250,000 to $500,000, according to Forbes in 2021. Shell Bay ClubShell Bay Club members also have access to a range of amenities, including admission to the Shell Bay Yacht Club, which offers a 48-slip private marina to give residents with private vessels and charters direct access to the Atlantic ocean.

Persons: ”, Greg Norman, Bill Hornstein “, ” Norman, Alex Witkoff, — Organizations: CNN, Shell Bay, Witkoff Group, PPG, Shell Bay Club, Georgia’s Augusta, Golf Club, Forbes, Shell, Yacht, Auberge Locations: Hallandale Beach, South Florida, Intracoastal, Australian, Shell, Miami

☆ Investors roll more than $600 billion a year to IRAs. Anticipated Labor Department rules could raise their protections
▼ + stars: | 2023-10-06 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

This is what the Labor Department will likely tweak, attorneys said. Now, the Labor Department is trying again, though its rule likely won't be as far-reaching, experts said. The OMB has 90 days to review the rule, Borzi said, after which the Labor Department would issue its proposal publicly. watch nowBased on recent legal clues, attorneys expect the Labor Department will seek to raise the bar on all rollover advice provided by the financial ecosystem. That generally means investment advice must be given solely in investors' best interests.

Persons: IRAs IRAs, Phyllis Borzi, Obama, Reish, —, Borzi, Andrew Oringer, Sen, Bill Cassidy, Virginia Foxx, There's, They're, Fred Reish, Drinker Biddle Organizations: U.S . Department of Labor, Washington , D.C, Washington Post, The Washington Post, Getty, Investment Company Institute, ICI, Labor, Pew Research Center, Labor Department, Management, Budget, OMB, Wagner Law, Critics, Rep Locations: Washington ,, IRAs

Additionally, the lawsuit by the Nashville member of the “Tennessee Three” contends his constitutional due process rights were infringed upon by the expulsion proceedings. Jones, Pearson and Johnson were propelled into the national spotlight. They said the new House rules promote civility, respect and accountability. On the day the House voted to silence Jones, Sexton had warned Jones about calling a Republican's bills “reprehensible,” “asinine,” and “insulting." In addition to the limits on debate, House Republicans also instituted a ban on the public holding signs during floor and committee proceedings.

Persons: Justin Jones, Jones, Cameron Sexton, ”, Justin Pearson, Gloria Johnson, Pearson, Johnson, Amy Wilhite, hadn't, Sexton, Bill Lee, “, Jerry Martin, Eric Holder, Holder Organizations: — Tennessee Democratic, Nashville, Tennessee, Black Democrat, Republicans, Democratic Rep, Republican Gov, Covenant School, Glock, Republican, U.S Locations: Tenn, Nashville, Tennessee

WASHINGTON (AP) — Senate Majority Leader Chuck Schumer is leading a bipartisan congressional delegation to China next week, traveling to the country amid heightened tensions and after several members of President Joe Biden’s Cabinet visited over the summer. Schumer, along with Republican Sen. Mike Crapo of Idaho, is visiting government and business leaders in China, South Korea and Japan “with the goal of advancing U.S. economic and national security interests” in the region, his office said Tuesday. Secretary of State Antony Blinken visited China in June, followed by visits of Treasury and Commerce secretaries Janet Yellen and Gina Raimondo as well as climate envoy John Kerry. Political Cartoons View All 1196 ImagesBiden’s national security adviser Jake Sullivan also held two days of talks with China’s top diplomat Wang Yi in Malta last month. Wang is expected to visit Washington before the end of October on a trip that officials will nail down the date and venue of the expected Biden-Xi summit.

Persons: Chuck Schumer, Joe Biden’s, Schumer, Republican Sen, Mike Crapo of, Schumer —, ”, Biden, Xi Jinping, China’s, Antony Blinken, Janet Yellen, Gina Raimondo, John Kerry, Jake Sullivan, Wang Yi, Wang, Crapo, Democratic Sens, Maggie Hassan, Jon Ossoff of, Republican Sens, Bill Cassidy of, John Kennedy of, Matthew Lee Organizations: WASHINGTON, Republican, Biden, Economic Cooperation, Treasury, Democratic, ___ Associated Press Locations: China, Mike Crapo of Idaho, South Korea, Japan, Ukraine, Taiwan, South China, Asia, San Francisco, Malta, Washington, New Hampshire, Jon Ossoff of Georgia, Bill Cassidy of Louisiana, John Kennedy of Louisiana

☆ Supreme Court case may gut the CFPB: Consumer watchdog's ‘future is on the line,’ group says
▼ + stars: | 2023-10-03 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Visitors walk across the U.S. Supreme Court plaza on the first day of the court's new session on Oct. 2, 2023. Bill Clark | Cq-roll Call, Inc. | Getty ImagesWhy the CFPB's funding may be unconstitutionalThe Consumer Financial Protection Bureau headquarters in Washington. Lawmakers created the federal agency to protect consumers from predatory financial practices. The Supreme Court ruled against the agency in a 2020 case, Seila Law v. CFPB, finding part of its structure to be unconstitutional but ultimately keeping the agency intact. Instead, the CFPB's funding isn't authorized by Congress each year.

Persons: Bill Clark, Washington . Samuel Corum, Dodd, Frank, —, John Coleman, Orrick, Coleman, Rohit Chopra, Tom Williams Organizations: U.S, Supreme, Cq, Inc, Getty, Financial, Bloomberg, Lawmakers, U.S ., Appeals, Circuit, Congress, Federal Reserve, 5th Circuit, Congressional Research Service, Mortgage Bankers Association, National Association of Home Builders, National Association of Realtors Locations: Washington .

☆ John Oliver returns to his HBO show, urging more workers to unionize
▼ + stars: | 2023-10-02 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Comedian John Oliver returned to his HBO show “Last Week Tonight” on Sunday, becoming the latest late night host to air a new program following the end of the writers’ strike. (Oliver’s show airs on HBO, which like CNN, is owned by Warner Bros. Bill Maher returned to his show last Friday and the network hosts, such as Jimmy Kimmel and Jimmy Fallon, will air new programs Monday. Now the focus turns to negotiations between SAG-AFTRA, the union representing about 160,000 actors, and the AMPTP. The two sides are expected to begin negotiating again Monday and hopefully get closer to ending their strike, which has been happening since mid-July.

Persons: John Oliver, “, Billy Joel’s, ” Oliver, —, ”, don’t, ’, I’m, Bill Maher, Jimmy Kimmel, Jimmy Fallon Organizations: New, New York CNN, HBO, CNN, Warner Bros ., Writers Guild of America, Alliance, Television Producers, SAG Locations: New York

☆ The world needs cheap electric cars. That spells trouble for Big Auto
▼ + stars: | 2023-09-29 | by ( Hanna Ziady | ) edition.cnn.com time to read: +10 min

The world needs affordable EVs more than ever as electric cars will play a big role in hcelping countries cut planet-heating pollution. “When legacy [carmakers] talk about catching up to Tesla or catching up to the leading Chinese automakers, it’s difficult. It is by far the world’s biggest EV battery manufacturer and dominant in the supply and processing of many critical components needed to make the batteries. Global automakers have had little choice but to enter into joint ventures with Chinese EV and battery manufacturers. EU lawmakers have voiced concerns that government subsidies allow Chinese EV makers to keep prices artificially low, creating unfair competition for European rivals.

Persons: Henry Ford’s, carmaking, Jeff Kowalsky, ”, Gene Munster, Tesla, — Tesla, —, Patrick Hummel, Krisztian Bocsi, Ford, “ It’s, ” Dan Ives, Bill Pugliano, Daniel Röska, Bernstein, China …, Marco Rubio, “ They’re, Bill Ford, CNN’s Fareed Zakaria Organizations: London CNN —, Ford Motor Company, Toyota, Volkswagen, United, Getty, Deepwater Asset Management, Volkswagen Group, Audi, Porsche, Chrysler, Jeep, Ford, General Motors, International Energy Agency, Honda, Renault, Nissan, Mitsubishi, Hyundai, Kia, Benz, BMW —, Investment, UBS, EV, Atlas Public, VW, Bloomberg, Reuters, Twitter, Stellantis, Wedbush Securities, CNN, United Auto Workers, Refining, Global, Republican, European Union, EU, Jato Dynamics Locations: Europe, United States, Dearborn , Michigan, AFP, China, Japan, South Korea, Asia, US, Germany, ” Munster, Munster, Lansing , Michigan, Michigan, Beijing, America

Underwood Archives/Getty Images Feinstein gets her makeup touched up for a photo shoot in San Francisco in 1955. Bettmann Archive/Getty Images Feinstein attends a campaign event for her mayoral run in San Francisco in 1971. Clem Albers/San Francisco Chronicle/Getty Images Feinstein attends a memorial service for assassinated Supervisor Harvey Milk in San Francisco in 1978. Roger Ressmeyer/CORBIS/VCG/Getty Images Feinstein speaks at the signing of an anti-gun bill at San Francisco City Hall in 1982. Douglas Graham/CQ Roll Call/Getty Images Feinstein greets first lady Hillary Clinton at the 2000 Democratic National Convention in Los Angeles.

Persons: Washington CNN — Dianne Feinstein, Feinstein, Gavin Newsom, Newsom, NBC’s “, ”, Feinstein’s, Ramsay Hunt, I’m, “, ” Feinstein, Lindsey Graham, Amy Coney Barrett, Leah Millis, Nancy Pelosi, Democratic Sen, Dick Durbin, Kevin McCarthy, Chuck Schumer, “ Dianne Feinstein, ” Schumer, Sen, Dianne Feinstein, Joe Biden, Celeste Sloman, Dianne Emiel Goldman, George Moscone, Harvey Milk, Duke Downey, Clem Albers, Janet Fries, Quentin Kopp, Sal Veder, Richard Blum, Walter Mondale, Georges, Roger Ressmeyer, Steve Ringman, Tony Bennett, Jeff Reinking, Neal Ulevich, Bishop Desmond Tutu, Eric Risberg, Willie Brown, Cecil Williams, Dr, Martin Luther King Jr, Paul Sakuma, Kim Komenich, Mark Reinstein, Barbara Boxer, Alan Greth, Ruth Bader Ginsburg, Carol Moseley, Braun, Doug Mills, Charles Tasnadi, Kathleen Brown, Bill Clinton, Dirck Halstead, Lisa Leslie, Gigi Goshko, Douglas Graham, Hillary Clinton, Clinton, Paul J, Richards, Orrin Hatch, Patrick J, Leahy, William H, Pryor Jr, Scott J, Ferrell, Arnold Schwarzenegger, Schwarzenegger, Tim Sloan, Rick Friedman, Condoleezza Rice, George W, Bush, Colin Powell, Chuck Kennedy, John Roberts, Mark Wilson, Eileen Mariano, Mariano, interning, Tom Williams, Carson, Jay L, Barack Obama, Ralf, Finn Hestoft, Hina Rabbani Khar, Brendan Smialowski, Jacquelyn Martin, AP Sen, Chuck Grassley, Christine Blasey Ford, Brett M, Kavanaugh, Ford, Donald Trump, Chip Somodevilla, Barrett, Bonnie Cash, Graham, Samuel Corum, Jonathan Ernst, Simone Biles, Larry Nassar, Aly Raisman, Maggie Nichols, McKayla Maroney, Bob Dole, Oliver Contreras, Kent Nishimura, Kevin Dietsch, Dianne Feinstein's, Moscone, Milk, CNN’s Dana Bash, Dan White, ‘ Dan, ’, Harvey, California’s, Bash, Richard Blumenthal, Bill Clark, Annette Bening, Donald Trump’s, South Carolina Republican Lindsey Graham’s Organizations: Washington CNN, Senate, California Democratic, Democratic, Press, Democrats, Democratic Party, Capitol, Senate Intelligence, California Democrat, Capitol Hill, CNN, Golden State ”, Illinois, Republican, New York Times, Underwood Archives, Getty, San Francisco City Hall, San Francisco, of Supervisors, Bettmann, San Francisco Chronicle, San Francisco Ice Company, White, Steiner, Forbidden, Democratic National Convention, United States Senate, United, United States women's, team, Convention, Washington Post, Circuit, Images California, McClatchy, Tribune, Service, Supreme, California, Rancho, Pakistan's, AP, Committee, White House, Los Angeles Times, Stanford University, San, Supervisors, Administration Committee, federal, Inc, South Carolina Republican, Judiciary, Intelligence, Appropriations Locations: Washington, California, San Francisco, America, ” San Francisco, Washington , DC, DC, Forbidden City, Beijing, China, Feinstein , California, Los Angeles, United States, New York, AFP, Boston, Rancho Bernardo, San Diego, San Francisco , California, Maryland, San Francisco County, Richard Blumenthal of Connecticut

☆ Netflix is ending its subscriber-based DVD rental service
▼ + stars: | 2023-09-28 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

Introduced in 1998 when Netflix first launched, the DVD service promised an easier rental experience than having to drive to the nearest Blockbuster or Hollywood Video. McEvoy has remained faithful to Netflix’s DVD service so he can keep watching Bollywood and obscure independent films not often found on streaming services. Bill Rouhana, the CEO of Chicken Soup for the Soul Entertainment – which owns DVD rental service Redbox – told The Hollywood Reporter in April he hoped to purchase Netflix’s DVD business. Still, he said, he’s “sad” to see Netflix’s DVD service depart. “I absolutely would not have been able to find all of those movies [I’ve watched] if not for the Netflix DVD service,” he said.

Persons: Colin McEvoy, McEvoy, ”, “, who’ve, Brandon Cordy, Michael Inouye, Ted Sarandos, Netflix’s, Eric Schmitt, ” Cordy, Bill Rouhana, Redbox –, he’s, Viki Organizations: CNN, Netflix, Blockbuster, Hollywood, ABI Research, Gartner Research, Soul Entertainment, Disney Locations: Bethlehem , Pennsylvania, Atlanta

☆ Elizabeth Warren says student-loan companies can't use lack of funding as an excuse for bad customer service — and she's 'deeply worried' they're not ready for repayment starting next week
▼ + stars: | 2023-09-28 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Sen. Elizabeth Warren led some Democratic colleagues in sending letters to four student-loan companies requesting information on the repayment restart. They also said a lack of funding is not a valid excuse for borrowers to be facing bad customer service. AdvertisementAdvertisementSenator Elizabeth Warren is worried that four federal student-loan companies aren't up to the task of transitioning millions of borrowers back into repayment in a few days. These letters come just days before pandemic relief for federal borrowers comes to an end. White House Press Secretary Karine Jean-Pierre said during a Monday press briefing that it would further strain Federal Student Aid's ability to assist borrowers over the next month.

Persons: Sen, Elizabeth Warren, —, Warren, — Sens, Chris Van Hollen, Ed Markey, Richard Blumenthal —, servicers, Joe Biden's, Virginia Foxx, Bill Cassidy, Karine Jean, Pierre, Jean, Pierre said Organizations: Democratic, Service, Federal Services, servicer, Central Research Inc, Education Department, — House Republicans, Federal Student Aid, Consumer Financial, Republican, Office, Department, House Press, Education

The iconic Hollywood sign is pictured the day after the Writers Guild of America (WGA) announced it reached a preliminary labor agreement with major studios in Los Angeles, California, U.S., September 25, 2023. The Writers Guild of America (WGA) leadership voted unanimously to end the strike on Wednesday, the guild said in a statement. In other areas, the guild said it won guarantees of minimum staffing in writers’ rooms, a key issue for many of its members. Maher and Drew Barrymore had angered writers by saying this month that their talk shows would return before the strike ended. The end of the WGA strike does not return Hollywood to normal.

Persons: Mario Anzuoni, Walt Disney, Adam Conover, WE, Conover, David Slack, Bill Maher, Maher, Drew Barrymore, Lisa Richwine, Dawn Chmielewski, Jamie Freed, Leslie Adler, Gerry Doyle Organizations: Writers Guild of America, REUTERS, Guild of America, WGA, Netflix, Warner Bros Discovery, SAG, Thomson Locations: Los Angeles , California, U.S, United States

Those smaller suppliers have only recently recovered from the shocks of the Covid-19 pandemic and the resulting global shortage of semiconductors. Now, they're coming under pressure to increase their own workers' wages — in an environment where higher interest rates have made it more costly to borrow money — and staring down the threat of ongoing auto workers' strikes. Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Supplier layoffsIn the face of prolonged strikes, some smaller suppliers are already cutting workers or announcing plans to do so. Michael B. Thomas | Getty ImagesAs of Tuesday, two additional Detroit-area auto suppliers had already filed notices of potential layoffs with the state of Michigan.

Persons: Bill Pugliano, Patrick T, Fallon, Dennis Devaney, Devaney, Joe Biden, Matthew Hatcher, MEMA, Biden, Michael B, Thomas, Mary Barra, We've Organizations: United Auto Workers, Getty, Ford Motor, General Motors, U.S . automakers, American Automotive, Council, UAW, Chrysler, Parts Distribution, AFP, GM, Ford, National Labor Relations Board, Equipment Manufacturers Association, White House, Plant, Small Business Administration, LM Manufacturing, Ford Bronco, Manufacturing, Canadian, Magna International, Union, General Motors Wentzville, CIE, Spain's CIE Automotive, Eagle Industries, CNBC, Publicly Locations: Auburn Hills , Michigan, Chrysler Los, Ontario , California, Detroit, Covid, Michigan, Wayne , Michigan, U.S, Wentzville , Missouri

☆ Microsoft is hiring a nuclear energy expert to help power its AI and cloud data centers
▼ + stars: | 2023-09-25 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +3 min

Artificial intelligence takes a lot of compute power, and Microsoft is putting together a road map for powering that computation with small nuclear reactors. However, Microsoft has publicly committed to pursuing nuclear energy from an innovator in the fusion space. In May, Microsoft announced it signed a power purchase agreement with Helion, a nuclear fusion startup, to buy electricity from it in 2028. Interest in nuclear energy has increased alongside concerns about climate change in recent years, as nuclear reactors generate electricity without releasing virtually any carbon dioxide emissions. Nuclear energy also makes up 47% of America's carbon-free electricity in 2022, according to the U.S. Department of Energy.

Persons: Satya Nadella, ChatGPT, Bill Gates, Microsoft's, Sam Altman, they're Organizations: Microsoft, Modular Reactor, CNBC, Helion, U.S . Energy Information Administration, U.S . Department of Energy Locations: Redmond , Washington, OpenAI, Helion, U.S

SALEM, Ore. (AP) — The Oregon Court of Appeals on Monday asked the state's highest court to decide whether Republican state senators who carried out a record-setting GOP walkout this year can run for reelection. Oregon voters last year overwhelmingly approved the ballot measure that created the amendment following GOP walkouts in the Legislature in 2019, 2020 and 2021. They and Oregon Department of Justice attorneys on the opposite side of the case jointly last month asked the appeals court to send the matter straight to the state Supreme Court. The appeals court on Monday formally asked the Oregon Supreme Court to take the case, said Todd Sprague, spokesman for the Oregon Judicial Department. The senators insist that the way the amendment to the state constitution is written means they can seek another term.

Persons: LaVonne Griffin, Valade, “, Oregonians, ” Griffin, Griffin, Todd Sprague, Sprague, Sen, Bill Hansell, Tim Knopp, they’ve, ” Knopp, Ben Morris Organizations: Oregon, Monday, Appeals, Oregon Department of Justice, Oregon Supreme, Oregon Judicial Department, Oregon Republicans, Democrat Locations: SALEM, Ore, Oregon, Statehouses, Montana , Tennessee, United States, U.S, Rhode Island, Rutland , Massachusetts

☆ The way I'm thinking about stocks makes them winners no matter what the Fed or bonds do
▼ + stars: | 2023-09-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

After the September meeting pause last week, the target range for the fed funds rate remained at 5.25% to 5.50%. First, I don't know a soul besides me who agrees with that 20-year versus fed funds rate yield prognosis. They think the fed funds rate will come down or the 20-year yield is already extended. Second, I don't know anyone else who believes the economy is so strong that the Fed is correct to keep on an anti-inflation course. I don't think so.

Persons: We've, Jerome Powell, Powell, It's, —, that's, — let's, it's, Bob Iger, Charlie Scharf, there's, Einstein, Salesforce, Elliott, Bill Newlands, Constellation, William Giles, Giles, Bud, Tom Jorden, Coterra, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Federal Reserve, Fed, Treasury, Apple, Club, Disney, Hulu, CNBC, Comcast, DIS, ABC, ESPN, Nexstar Media, YouTube, Apple's, Wells, Constellation Brands, Constellation, Elliott Management, Autozone, San, Coterra Energy, & Gas, Ford, Traders, New York Stock Exchange, AFP, Getty Locations: U.S, New Jersey, Gary's, Madison —, Wells Fargo, Wells, What's, slowdowns, Texas, San Miguel, Brooklyn , New York, AMZN, CTRA

☆ 260,000 student-loan borrowers who were approved for debt relief might be pushed back into repayment anyway, a legacy advocacy group says
▼ + stars: | 2023-09-23 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Student-loan borrowers who were part of a 2022 settlement are still waiting for their relief to be processed. A legal advocacy group said a student-loan company is not carrying out the settlement terms correctly. It said some borrowers within the settlement were told they have to resume payments in October. The group said that forcing borrowers with pending borrower defense claims back into repayment "violates the court-approved Settlement Agreement and applicable regulations." The federal pause on student-loan payment ended on September 1 when interest began accruing again on borrowers' balances.

Persons: They're, Cardona —, Donald Trump's, Joe Biden's, it's, MOHELA, Scott Giles, servicers, Cardona, Virginia Foxx, Sen, Bill Cassidy —, —, New Jersey Sen, Bob Menendez, Secretary Miguel Cardona Organizations: Service, Education Department, Donald Trump's Education Department, Department, Consumer Financial, Bureau, Democratic, New, Secretary, Public, The Education Department Locations: Wall, Silicon, New York, Sweet v, New Jersey

The video posted on the X platform, formerly known as Twitter, caught the attention of Jonathan Riley, a liberal activist in Durham, North Carolina, who posted Sunday that it showed “Missouri Republicans at a literal book burning," though he'd later walk that statement back to a “metaphorical” book burning. “It fit a narrative that they wanted to put out there,” Freedom Fest organizer Debbie McFarland said about claims that Eigel burned books. Experts who study political extremism said images involving fire or bonfires have long been associated with extremist groups. Eigel’s critics quickly posted online images involving the Ku Klux Klan and Nazi book burnings before World War II. Talking about book burning enough can plant the idea in people's minds so that ”people think it’s actually a righteous thing to do."

Persons: Louis, Sen, Bill Eigel, ” Eigel, Eigel, ”, Kurt Braddock, Jonathan Riley, he'd, Debbie McFarland, Mike Parson, State Jay Ashcroft, Mike Kehoe, Ashcroft, Gregg Keller, Eigel’s, “, Eric Greitens, Flamethowers, Donald Trump, Kristi Noem’s, Evan Perkoski, it's, ” “, Javed Ali, Braddock, ” Eigel's, Ali, he’s, ___ Hanna, ___, John Hanna Organizations: JEFFERSON CITY, Missouri, Associated Press, ”, American University, Republicans, Twitter, Missouri Republicans, Gov, State, AP, GOP, Ku, Navy, Senate, Name, torching, Ku Klux Klan, University of Connecticut, University of Michigan Locations: Mo, St, Missouri, Washington, Defiance , Missouri, Durham , North Carolina, Jefferson City, U.S, Arizona, Alabama, South Dakota, Topeka , Kansas

New York CNN —The United Auto Workers union is expanding its strike against GM and Stellantis but said that progress in negotiations with Ford means it won’t expand the number of Ford workers on the picket lines. “At noon Eastern today, all parts distributions centers at General Motors and Stellantis will be on strike,” he said. Still the announcement of progress at Ford raised hopes that the strike, at least at there, could be brought to a relatively quick end. But the UAW’s expanded strike is now targeting the parts distribution centers for GM and Stellantis. As of 10:30 am ET, Stellantis (STLA) is up 0.98%; Ford (F) is up 3.57%; and GM (GM) is up 0.7%.

Persons: Shawn Fain, ”, “, Fain, “ Ford, ” Ford, Ford, Bill Pugliano, ” Shawn Fain, Tesla Organizations: New, New York CNN, United Auto Workers, GM, Ford, UAW, General Motors, Ford Michigan Assembly Plant, Stellantis, Jeep, Dodge, Chrysler, Big, Facebook, UAW International Union Locations: New York, Wayne , Michigan, Wentzville , Missouri, Toledo –, North America, Virginia, California, America, Auburn Hills , Michigan

☆ Social Security benefits may be cut by at least 20% in the next decade. Here's how Congress may fix that
▼ + stars: | 2023-09-22 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Republican Sen. Bill Cassidy of Louisiana speaks to the press on Capitol Hill on Feb. 10, 2021. Meanwhile, Larson has put forward a bill, Social Security 2100, in four sessions of Congress to make benefits more generous. Cassidy wants to create a new Social Security fund by raising $1.5 trillion that would be invested in the stock market. Any changes to Social Security would require 60 votes in the Senate, and therefore would have to have agreement on from both parties. Rep. John Larson, D-Conn., speaks during an event to introduce legislation called the Social Security 2100 Act.

Persons: Republican Sen, Bill Cassidy of, John Larson, Connecticut —, Biden, Cassidy, Bill Cassidy, Nicholas Kamm, Florida Republican Sen, Rick Scott, Larson, Conn, Mark Wilson Organizations: Istock, Getty, Social Security, Republican, Democratic Rep, Capitol, AFP, Florida Republican, Social, House Democrats, Security, Senate Locations: Bill Cassidy of Louisiana, Louisiana, Florida, Jan

☆ Sen. Menendez defiant after second corruption indictment: 'Prosecutors did that the last time'
▼ + stars: | 2023-09-22 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +2 min

Sen. Bob Menendez, D-N.J., walks through the Senate subway on his way to a vote in the Capitol, in Washington, D.C., May 4, 2023. Bill Clark | Cq-roll Call, Inc. | Getty ImagesWASHINGTON — Sen. Robert Menendez on Friday vowed to remain in the Senate while he fights federal charges of bribery and extortion announced earlier in the day. The indictment was the second time the New Jersey Democrat had been prosecuted for alleged corruption as a sitting senator. As chairman of the Senate Foreign Relations Committee, Menendez holds one of the most powerful gavels in Congress. The senator and his wife, Nadine Menendez, were indicted Friday on three criminal counts each after a multiyear federal investigation.

Persons: Sen, Bob Menendez, Bill Clark, Getty Images WASHINGTON — Sen, Robert Menendez, Menendez, Nadine Menendez, Damian Williams, Nadine, Alexi J, Rosenfeld Organizations: Washington , D.C, Cq, Inc, Getty Images WASHINGTON, New, New Jersey Democrat, Senate Foreign Relations, Democratic, NBC News, Southern, of, Attorney, U.S, Getty Locations: Washington ,, New Jersey, Jersey, of New York, U.S, New York City

☆ UAW president invites Biden to join picket line as autoworker strikes expand to dozens of facilities
▼ + stars: | 2023-09-22 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Emily Elconin | Bloomberg | Getty ImagesUnited Auto Workers President Shawn Fain on Friday invited President Joe Biden to join the picket line as striking workers expanded their walkout to dozens more General Motors and Stellantis facilities. "We still have serious issues to work through, but we do want to recognize that Ford is showing that they're serious about reaching a deal," the UAW president said. Biden sided with the striking workers last Friday when the UAW launched its initial targeted strikes against three facilities in Michigan, Missouri and Ohio. Record profits at Ford, General Motors and Stellantis "have not been shared fairly, in my view, with the workers," Biden said during a brief address last Friday. Members of the United Auto Workers union hold a practice picket in front of Stellantis headquarters in Auburn Hills, Michigan, on Sept. 20, 2023.

Persons: Shawn Fain, Emily Elconin, Joe Biden, Fain, Evelyn Hockstein, Biden, Bill Pugliano Organizations: GM, United Auto Workers, UAW, Bloomberg, Getty, Motors, General Motors, White, Marine, Washington , D.C, Reuters, Ford Locations: Detroit, United States, Washington ,, Michigan , Missouri, Ohio, Michigan, Auburn Hills , Michigan

Finger’s only child was a son, Fred Finger, who was gay and died in 1992 at age 43 of AIDS complications. But Nobleman discovered Fred Finger had a daughter, Athena Finger. But she said it led to questions from students, meaning Nobleman and students might discuss sexuality without parents being warned. The mere mention of the word “gay” didn't merit claims made online by critics that Nobleman was “ grooming or sexualizing children," he said, and it ignored that some Sharon Elementary students have gay parents. “I couldn't imagine coming from a family with gay members and reading that apology just for saying the word ‘gay.’”

Persons: — Marc Tyler, Batman, Rather, “, ”, haven’t, Cathryn Oakley, Oakley, ‘ Romeo, Juliet, ’, “ Bill, Bill Finger, Finger, Bob Kane, Finger’s, Fred Finger, Athena, “ It's, Kane, Sharon, Jennifer Caracciolo, Caracciolo, ” Caracciolo, blindsided, Fred Finger's, Sharon Elementary, Brian Nelson, Nobleman's, Forsyth, Cindy Martin, Martin, Mr, ” Matt Maguire, ” Maguire Organizations: ATLANTA, Movement Advancement, Human Rights, Washington , D.C, DC Comics, DC, Mama Bears, U.S . Department of Education, Sharon Locations: Atlanta's Forsyth, ”, Georgia, New Jersey, Indiana, Forsyth, Washington ,, Forsyth County, ” Forsyth County

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