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☆ US-China military hotlines are reopening to prevent things like risky run-ins from triggering a full-blown crisis
▼ + stars: | 2023-11-16 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

The US and China will resume military-to-military communications, Biden announced Wednesday. The US and Chinese militaries often operate in close proximity to one another, and there have been some risky run-ins. AdvertisementThe US and China are resuming military-to-military communications, the US and China said Wednesday after more than year of mostly radio silence. USINDOPACOMThe spike in risky and dangerous intercepts reported by US officials began before China officially cut off mil-to-mil comms. DoD officials, too, have said opening lines between the US and China would "ensure competition does not veer into conflict."

Persons: Biden, —, Joe Biden, People's Republic of China Xi Jinping, Nancy Pelosi's, USINDOPACOM, That's, Ely Ratner, China's Xi, Xi, he's, CNN's MJ Lee Organizations: Pentagon, Service, of Defense, PLA, U.S ., China Defense, China, Maritime, People's Liberation Army, US Air Force, US, DoD, Pacific Command, PRC, US Defense Department, Foreign Ministry Locations: China, People's Republic of China, San Francisco, Iran, U.S, Taiwan, United States, Hainan, South China, South, US

☆ US SEC presses judge to force Elon Musk to testify in Twitter probe
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +1 min

In a document filed in federal court in San Francisco on Thursday, the SEC defended its efforts to compel Musk's testimony, saying agency officials are acting within their authority. The SEC last month said it was investigating Musk's 2022 purchases of stock in Twitter -- which Musk subsequently renamed X -- and his statements and SEC filings relating to his takeover of the social media giant. Musk had refused to attend a September interview for the probe, the SEC said. Musk and his lawyers on Nov. 2 asked the judge to deny the SEC's motion to compel his testimony, saying Musk had already testified twice and that the agency was exceeding its authority. But the SEC on Thursday rejected those claims, saying agency officials are indeed granted authority by law to seek testimony and documents as they pursue their investigative work.

Persons: Elon Musk, Porte, Gonzalo Fuentes, Musk, Chris Prentice, Michelle Price Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, REUTERS, U.S . Securities, Exchange Commission, SEC, U.S, Thomson Locations: Paris, France, San Francisco

☆ Charter to pay $25 million for stock buyback controls violations, SEC says
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +1 min

Charter said in a statement that it fully cooperated with the SEC's inquiry and that its share repurchase plans were well-documented and disclosed in financial statements. "We remain committed to a share buyback program and our previously stated leverage targets," the company said. U.S. regulators have ratcheted up scrutiny of rearranged stock trading programs, known as 10b5-1 plans, in the face of criticism from lawmakers and others. The SEC last year overhauled the rules for such plans to deter insiders from trading on material information that investors do not have. Reporting by Chris Prentice in New York and Jasper Ward in Washington; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Persons: Chris Prentice, Jasper Ward, Bill Berkrot Organizations: Communications, WASHINGTON, SEC, U.S, Securities, Exchange Commission, Thomson Locations: U.S, New York, Washington

☆ Karl-Anthony Towns helps Timberwolves outlast Warriors
▼ + stars: | 2023-11-15 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/62] Nov 14, 2023; San Francisco, California, USA; Golden State Warriors guard Stephen Curry (30) watches the game against the Minnesota Timberwolvesx during the first half at Chase Center. The win not only was the Timberwolves' second in three days against the Warriors, but also improved them to 2-0 in the West Group C of the NBA's in-season tournament. Golden State fell to 1-1. Kyle Anderson, whose offensive rebound led to Towns' late 3-pointer, iced Minnesota's seventh straight win with two free throws with four seconds left. Towns added 11 rebounds for the Timberwolves, who trailed by as many as 12 in the third quarter.

Persons: Stephen Curry, John Hefti, Karl, Anthony Towns, Mike Conley, Klay Thompson, Draymond, Dario Saric, Conley, Kyle Anderson, Thompson, Jaden McDaniels, Anthony Edwards, Rudy Gobert, Green, McDaniels, Gobert, Edwards, Naz Reid, Brandin, Saric, Kevon Looney, Chris Paul, Moses Moody Organizations: Golden State Warriors, Minnesota, Chase Center, Minnesota Timberwolves, Warriors, Timberwolves, West, Golden State, State, Towns, Wolves, NBA, Thomson Locations: San Francisco , California, USA, San Francisco, Minnesota, Towns, New Jersey, Green

☆ Ukraine looks to be gambling on a hard fight across a key river to kick-start its struggling counteroffensive
▼ + stars: | 2023-11-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Ukraine's troops have been conducting operations on the eastern bank of the Dnipro River across from Kherson. AdvertisementUkrainian troops have crossed the Dnipro River, a natural barrier that has been working to Russia's advantage, and appear to be making a risky play to kick-start a struggling counteroffensive. Ukrainian troops hunker in hastily made trenches, facing stiff defenses and overwhelming numbers of Russian forces, recent reporting indicates. As the AP noted in a report Wednesday, Ukraine could possibly outflank Russia and relieve pressure on Ukrainian forces in Zaporizhzhia to achieve a breakthrough. One private in Ukraine's 38th Marine Brigade who'd been across the river since the start of November said Ukraine's forces were vastly outnumbered.

Persons: —, hunker, Ukraine Andriy Yermak, Vladimir Saldo, Saldo, ROMAN PILIPEY, Ukraine's 38th Marine Brigade who'd, Ukraine's, Krynky, they've Organizations: Service, 123rd Territorial Defense Brigade, Getty Images, Wall Street, Ukraine's 38th Marine Brigade Locations: Dnipro, Kherson ., Washington ,, Ukraine, Russian, Kherson, Krynky, Russia, Zaporizhzhia, ROMAN, AFP, Ukraine's, Kyiv's, Azov

☆ Chris Pine, viral fashion sensation, says his short-shorts are ‘a vibe’
▼ + stars: | 2023-11-14 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +1 min

CNN —Chris Pine – a celebrated actor who has gone viral on numerous recent occasions after photos showcasing his quirky street style continually surface on the internet – is owning his sartorial choices. After photographs of him wearing a certain pair of short-shorts in Los Angeles last month made a splash yet again, Pine isn’t thinking twice about it. News in an interview on Sunday when asked about his barely-there shorts, adding, “It’s called short-shorts, isn’t it? Pine even said he would much rather wear his short-shorts than – gasp – “some sort of capri” pant. “I’ll be wearing the short-shorts… I mean, until the legs go,” Pine said.

Persons: Chris Pine –, Pine, ”, “ It’s, Tom Selleck ”, “, ” Pine, It’s Organizations: CNN Locations: Los Angeles, pant

☆ US SEC enforcement garnered nearly $5 billion in financial remedies last year
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: 1 min

The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Nov 14 (Reuters) - The U.S. Securities and Exchange Commission (SEC) filed 784 enforcement actions in the fiscal year that ran through September, garnering $4.95 billion in penalties and other financial remedies, the agency said in a statement on Tuesday. The total financial remedies in fiscal 2023 were the second-highest in SEC history, following last year's record of $6.4 billion, including both disgorgement and interest in addition to civil penalties, and underscored how the agency has sought to more aggressively police violations and misconduct under Democratic leadership. Reporting by Chris PrenticeOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Kelly, Chris Prentice Organizations: U.S . Securities, Exchange Commission, Washington , D.C, REUTERS, SEC, Democratic, Thomson Locations: Washington ,

☆ Ukraine and the US are mixing weapon systems that weren't built to play together to up Kyiv's defenses, and apparently they work
▼ + stars: | 2023-11-14 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

They've seen success in using US missiles with Buk-M1 systems and HARM missiles on Soviet fighter jets. AdvertisementWith its air defenses working overtime to defend against constant Russian strikes, Ukraine is working with the US to create new capabilities by cobbling together Western and Soviet systems that weren't built to play together. Reporting earlier this year indicated Ukraine had found ways to modify the Soviet Buk air defenses to fire the RIM-7. The US and its Western allies have offered Ukraine air defenses like Patriot batteries, IRIS-T, NASAMs, and Gepard anti-aircraft guns, but Ukrainian forces continue to operate a number of Soviet air defenses, the Buk and the S-300 being among the most prominent. AdvertisementThe new capability was promising for Ukraine and indicated future modifications to its Soviet systems could be made, like firing US missiles from Soviet Buk vehicles, which are self-propelled, mid-range surface-to-air missile systems.

Persons: They've, —, Yurii Ihnat, Ihnat, SAMs, Richard, Diana Quinlan, James Hecker, Theodore Roosevelt, Seaman Anthony N, Olaf Scholz, Germany Organizations: Soviet, Service, Ukrainian Air Force, Kyiv Independent, RIM, American AIM, New York Times, IRIS, Amphibious, NATO, Valiant, U.S . Navy, Pentagon, US Air Forces, US, Politico, Marines, Thunderbolts, Marine Fighter Attack, Radiation, Nimitz, Communication, AIM Locations: Ukraine, Soviet, United States, American, Russia, Europe, Taiwan, Russian, Crimea

Federal rules require banks to reimburse customers for payments made without their authorization, such as by hackers, but not when customers themselves make the transfer. Following its launch in 2017, Zelle grew to become one of the largest U.S. peer-to-peer payments networks by total payments. A March 2022 New York Times report that scams were flourishing on Zelle caught the attention of lawmakers frequently critical of big banks, including Senator Elizabeth Warren. He said Zelle has seen "a step-change reduction" in fraud and scam rates this year but declined to provide details. Chance said EWS has been engaging with policymakers on the need for a "holistic approach" to combating scams, including advocating for more dedicated law enforcement resources.

Persons: Jamie Dimon, Jane Fraser, Brian Moynihan, Banks, Ben Chance, Zelle, Elizabeth Warren, Warren, Dimon, EWS, Chance, ”, Trace, Carla Sanchez, Adams, we're, Lindsey Johnson, Hannah Lang, Chris Prentice, Michelle Price, Rod Nickel Organizations: JPMorgan Chase, Citigroup, Bank of America, Banking, Housing, Urban Affairs, Capitol, Warning, Reuters, Federal, JPMorgan, New York Times, Federal Trade Commission, Consumer Financial Protection Bureau, PayPal, National Consumer Law, Consumer Bankers Association, Thomson Locations: Zelle, U.S, Warren, Washington, New York

Mississippi State fired Zach Arnett on Monday after less than one season as head coach, just under a year since he took over the Bulldogs after the tragic passing of Mike Leach from a heart issue. Mississippi State announced Arnett's dismissal on its athletics website. Mississippi State has games remaining against Southern Mississippi and rival Mississippi. The contract length was the maximum allowed under Mississippi state law. Mississippi State had scored just 23 combined points over its previous three contests, one of which was a 7-3 victory at Arkansas.

Persons: Zach Arnett, Mike Leach, Greg Knox, Arnett, Zac Selmon, ” Selmon, Selmon, Leach, Will Rogers, Kevin Barbay, Jimbo, Fisher, Rogers, Chris Parson, Mike Wright Organizations: Mississippi, Bulldogs, Mississippi State, Southeastern Conference West Division, SEC, Southern, Air, Texas, . Mississippi State, Arkansas, AP Locations: Southern Mississippi, Mississippi, Texas

☆ Video appears to capture first flight of the B-21 Raider, the US Air Force's newest stealth bomber
▼ + stars: | 2023-11-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

A new video shows the first flight of the US Air Force's newest stealth bomber, the B-21 Raider. AdvertisementAdvertisementA new video appears to show the long-awaited first flight of the US Air Force's newest strategic bomber and the first new stealth bomber developed in decades, the B-21 Raider. She explained that this stage "is a critical step in the test campaign managed by the Air Force Test Center and 412th Test Wing's B-21 Combined Test Force." Pentagon leadership has said that the penetrating strike stealth bomber "will serve as the backbone of America's bomber force." AdvertisementAdvertisementThe "flying wing" B-21 Raider is the successor to the B-2 Spirit and is able to carry both conventional and nuclear payloads.

Persons: —, Matt Hartman, David Swanson, Ann Stefanek, Northrop Grumman, Doug Young Organizations: US Air Force's, US Air Force, Service, US Air, Raider, Northrop Grumman Corp, Air Force's, Reuters, Northrop, Air Force, United States Air, REUTERS, Air Force Test Center, Force, Northrop Grumman Aeronautics Systems, Pentagon Locations: US, Palmdale , California, U.S

ICBC's U.S. unit told market participants on Friday it was hoping to finish the cyber review over the weekend, but the sources said they expected it would spill into next week. The cyberattack sent ripples through the U.S. Treasuries market, where ICBC acts as a broker for hedge funds and other market participants, helping them trade in the securities. The Chinese parent then injected capital into the U.S. unit, allowing it to settle the trades and pay back BNY Mellon, the sources said. They also told market participants about the capital injection but did not disclose the amount or the reason for it, the sources said. SIFMA, the trade group, organized calls for market participants with updates, the sources said.

Persons: Tingshu Wang, BNY Mellon, ransomware, ICBC, SIFMA, Janet Yellen, Lifeng, Scott Skyrm, Jack McIntyre, Harry Robertson, James Pearson, Naomi Rovinick, Yoruk, Davide Barbuscia, Chris Prentice, Mike Derby, Carolina Mandl, Laura Matthews, Paritosh, Zeba, Megan Davies, Dhara Ranasinghe, Alexander Smith, Richard Chang, Anna Driver Organizations: Asset Management, Fair for Trade, Services, REUTERS, Commercial Bank of China, U.S ., ICBC Financial Services, Securities Industry, Financial Markets Association, ICBC, Treasury, China, U.S, New York Federal Reserve, Securities, Depository Trust, Clearing Corp, Thomson Locations: Beijing, China, ICBC's U.S, U.S, San Francisco, Treasuries, Hong Kong, Shanghai, London, Amsterdam, Carolina, New York

☆ Russian naval ships struck by exploding drone boats in the night sank to the bottom of the Black Sea, Ukraine says
▼ + stars: | 2023-11-10 | by ( Jake Epstein | Chris Panella | ) www.businessinsider.com time to read: +5 min

Ukraine says its sea drones hit and sank two Russian Black Sea Fleet landing ships. Ukraine has relied on its fleet of explosive drone boats to trouble Russian ships in the Black Sea. AdvertisementAdvertisementUkraine's explosive sea drones have struck again, and this time, Kyiv says they struck and sank two ships belonging to Russia's Black Sea Fleet (BSF). The hit has again raised questions about Russia's ability to protect its Black Sea Fleet from Ukraine. Elsewhere in the Black Sea this week, a Russian anti-radar missile slammed into a Liberian-flagged cargo ship, killing one person and injuring four more.

Persons: — Organizations: Service, Fleet, Defense Ministry, Sig, Security Service, Ukraine Telegram, Russian, Institute for, Liberian Locations: Ukraine, Crimea, Kyiv, Russian, Crimean, Novorossiysk, Kerch, Russia, Ukrainian, Washington, Moscow

The company logo for Bitwise Asset Management is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 26, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 9 (Reuters) - U.S. authorities on Thursday charged the co-founders of private technology startup Bitwise Industries for their roles in a $100 million fraud scheme, according to federal prosecutors and the Securities and Exchange Commission. Bitwise filed for bankruptcy protection in June. Hundreds of BitWise employees lost their jobs in May 2023 when the scheme was exposed, according to the U.S. Securities and Exchange Commission, which filed civil charges against the co-CEOs on Thursday in federal court in California. Reporting by Chris Prentice; Additional reporting by Nate Raymond; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, Irma Olguin Jr, Jake Soberal, Bitwise, Olguin, Chris Prentice, Nate Raymond, Daniel Wallis Organizations: Bitwise Asset, New York Stock Exchange, REUTERS, Industries, Securities and Exchange Commission, Eastern, U.S . Securities, Exchange Commission, SEC, Thomson Locations: New York City, U.S, Eastern District, California

☆ Nikola Jokic, Nuggets emerge with tight win over Warriors
▼ + stars: | 2023-11-09 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/50] Nov 8, 2023; Denver, Colorado, USA; Denver Nuggets head coach Michael Malone addresses the media before the game against the Golden State Warriors at Ball Arena. Mandatory Credit: Isaiah J. Downing-USA TODAY Sports Acquire Licensing RightsNovember 9 - Nikola Jokic produced 35 points and 13 rebounds, Reggie Jackson scored 20 points and the host Denver Nuggets beat the Golden State Warriors 108-105 on Wednesday night. Jokic missed two free throws with 15 seconds to go, but Curry's layup with five seconds left was off, forcing the Warriors to foul. Golden State went on a 10-4 run to get within 63-59, and the Warriors stayed close throughout the period. Jackson-Davis' two free throws gave the Warriors a 78-76 lead heading into the fourth.

Persons: Michael Malone, Isaiah J, Downing, Nikola Jokic, Reggie Jackson, Michael Porter Jr, Aaron Gordon, Kentavious Caldwell, Pope, Stephen Curry, Klay Thompson, Andrew Wiggins, Looney, Jonathan Kuminga, Moses Moody, Draymond, Gary Payton II, Jamal Murray, Jokic, Jackson, Chris Paul, Porter, Trayce Jackson, Davis, dunked, Curry, Caldwell, Justin Holiday Organizations: Denver Nuggets, Golden State Warriors, Ball, USA, Denver, Warriors, Golden State, The Warriors, Jackson, The Nuggets, Thomson Locations: Denver , Colorado, USA, Golden

☆ NBA roundup: Nikola Jokic, Nuggets edge Warriors
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +9 min

Michael Porter Jr. added 17 points while Aaron Gordon finished with 14 points and 11 rebounds for Denver, which swept a four-game homestand. 1 draft pick Victor Wembanyama each had 14 points for the Spurs, who have lost three straight. Brandon Ingram scored 24 points on 11-for-25 shooting and rookie Jordan Hawkins added 14 points for the Pelicans, who lost their third straight game. Bobby Portis had 18 points for the Bucks, and Brook Lopez added 14, including a pivotal 3-pointer in the late going. Scottie Barnes contributed 14 points, 14 rebounds, seven assists and four steals.

Persons: Chris Paul, Nikola Jokic, Isaiah J, Downing, Reggie Jackson, Michael Porter Jr, Aaron Gordon, Stephen Curry, Klay Thompson, Draymond, Gary Payton II, Jamal Murray, Joel Embiid, Tyrese Maxey, Tobias Harris, Kelly Oubre Jr, Kristaps Porzingis, Derrick White, Jayson Tatum, Porzingis, Domantas, Malik Monk, Jerami Grant, Monk, Sabonis, Grayson Allen, Kevin Durant, Jusuf Nurkic, Nurkic, Bradley Beal, Bam Adebayo, Adebayo, Miami's Tyler Herro, Jaren Jackson Jr, Herro, Jackson, Kyle Kuzma, Charlotte, Danilo Gallinari, Delon Wright, LaMelo Ball, Gordon Hayward, Green, Alperen Sengun, Sengun, Anthony Davis, Rui Hachimura, Aaron Nesmith, Myles Turner, Bennedict Mathurin, Tyrese Haliburton, Jordan Clarkson, Lauri Markkanen, Julius Randle, Randle, Jalen Brunson, RJ Barrett, Jeremy Sochan, Malaki Branham, Victor Wembanyama, Wembanyama, Lonnie Walker IV, James Harden, Walker, Cam Thomas, Royce O'Neale, Paul George, Harden, Anthony Edwards, Karl, Anthony Towns, Rudy Gobert, Brandon Ingram, Jordan Hawkins, Damian Lillard, Giannis Antetokounmpo's, Bobby Portis, Brook Lopez, Antetokounmpo, Isaiah Stewart, Cade Cunningham, Marcus Sasser, Pascal Siakam, Dennis Schroder, Scottie Barnes, Luka Doncic, Kyrie Irving, Tim Hardaway Jr, Shai Gilgeous, Alexander, Caris LeVert, Evan Mobley, Donovan Mitchell, Mitchell Organizations: Golden State Warriors, Denver Nuggets, Ball, USA, NBA, Denver, Warriors, 76ers, Celtics, Philadelphia, Boston, Sixers, Milwaukee Bucks, Trail Blazers, Sacramento, The, Blazers, Suns, Bulls, Chicago, Phoenix, Grizzlies, Miami, Los Angeles Lakers, Hornets, Washington, Wizards, Rockets, Lakers, Houston, Angeles, Pacers, Jazz, Utah, Knicks, Spurs, New, San, Nets, Clippers, Brooklyn, Timberwolves, Pelicans, Minnesota, Bucks, Pistons, Milwaukee, Detroit, Raptors, Mavericks, Toronto, Dallas, Cavaliers, Oklahoma City, Thomson Locations: Denver , Colorado, USA, Portland, Durant, Memphis, Los Angeles, Indiana, Indianapolis, New York, San Antonio, Philadelphia, New Orleans, Minneapolis, Cleveland

☆ Risky intercepts show China's fighter pilots are 'willing to challenge' the US as their planes increasingly meet in the air, former aviator says
▼ + stars: | 2023-11-09 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

US officials released a video of a Chinese fighter jet intercepting a US aircraft over the South China Sea. A former American aviator told Insider the incident highlights how Chinese pilots are "willing to challenge" the US in the area. "What we're witnessing is an increasingly competent and better trained Chinese flying cadre" that is "willing to challenge the US and allied flights occurring near the PRC air defense identification zone," retired Cmdr. The US says it documented more than 180 coercive or risky intercepts by Chinese aircraft since fall 2021. Two US Air Force F-16 Fighting Falcon aircraft sit parked on the flight line at MacDill Air Force Base in 2021.

Persons: —, Guy Snodgrass, INDOPACOM, Snodgrass, isn't, Qian Baihua, Lauren Cobin Organizations: Pentagon, Service, US, Pacific Command, US Air Force, People's Liberation Army Air Force, Changchun Air Show, Changchun Dafangshen, Getty, East China Seas, North, America, US Department of Defense, China, People's, Army, MacDill Air Force Base Locations: South China, American, China, People's Republic of China, US, Chinese, South, Changchun, Changchun Dafangshen Airport, Jilin Province, East, Russian, Russia

☆ Britain bans 'laughing gas' to curb anti-social behaviour
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +2 min

Policing Minister Chris Philp hosts a roundtable in Downing Street with senior policing figures and UK's biggest retailers to set out a joint plan of action to tackle the rise in shoplifting and to catch more prolific offenders, in London, Britain October 23, 2023. "For too long the use of this drug in public spaces has contributed to anti-social behaviour which is a blight on communities. We will not accept it," Britain's policing minister Chris Philp said in a statement. In September, interior minister Suella Braverman said people were "fed up" with the use of drugs in public spaces, with discarded gas canisters being littered across Britain's streets. Under the ban, nitrous oxide will be prescribed as a "Class C" drug and classified in "the least harmful" category of drugs under Britain's laws alongside anabolic steroids, benzodiazepines and growth hormones.

Persons: Chris Philp, Aaron Chown, Suella Braverman, Farouq Suleiman, Michael Holden Organizations: Thomson Locations: London, Britain

☆ These 22 House Democrats voted to censure Rep. Rashida Tlaib for her rhetoric on Israel — while these 4 Republicans voted against it
▼ + stars: | 2023-11-08 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

22 Democrats voted for a more narrow resolution proposed by a different House Republican. 22 House Democrats voted with the vast majority of Republicans to support a censure resolution put forward by Rep. Rich McCormick of Georgia condemning Tlaib. 4 Republicans voted against it, largely on free speech grounds, while 3 Democrats and 1 Republican voted present. That effort failed after 23 Republicans voted to table that resolution, and McCormick was among those who voted against it. Reps. Jared Moskowitz of Florida, Ritchie Torres of New York, and Josh Gottheimer of New Jersey all voted to censure fellow Democratic Rep. Rashida Tlaib of Michigan.

Persons: Rashida Tlaib, Marjorie Taylor Greene, —, Rashida, she's, Rich McCormick, Tlaib, McCormick, Jared Moskowitz, Florida, Ritchie Torres, Josh Gottheimer, Bill Clark, Anna Moneymaker, Ministry's, Adam Schiff of, Dave Joyce of Ohio, Abigail Spanberger, Donald Norcoss of, Susan Wild of, Steve Cohen, Jim Costa of, Angie Craig, Don Davis of, Lois Frankel, Jared Golden, Dan Goldman, Greg Landsman, Susie Lee, Kathy Manning of, Wiley Nickel, Chris Pappas, Marie Gluensenkamp Perez, Pat Ryan, Brad Schneider, Kim Schrier, Darren Soto, Debbie Wasserman Schultz, Frederica Wilson of, censuring Organizations: Palestinian American, Republican, Service, Republicans, Capitol, New, Democratic, Getty Images, Democratic Rep, Adam Schiff of California, Trump, Tennessee Rep, Jim Costa of California Rep, Minnesota Rep, Don Davis of North Carolina Rep, Florida Rep, Maine Rep, New York, New Jersey Rep, Ohio Rep, Nevada Rep, Kathy Manning of North Carolina Rep, North Carolina Rep, New Hampshire Rep, New York Rep, Illinois Rep, Washington Rep Locations: Israel, Michigan, Georgia, Tlaib, Gaza, New York, New Jersey, Russia, Virginia, Donald Norcoss of New Jersey, Susan Wild of Pennsylvania, Ohio, Florida, Frederica Wilson of Florida

☆ 22 House Democrats voted to censure Rep. Rashida Tlaib for her rhetoric on Israel — while 4 Republicans voted against it
▼ + stars: | 2023-11-08 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Persons: Rashida Tlaib, Marjorie Taylor Greene, —, Rashida, she's, Rich McCormick, Tlaib, McCormick, Jared Moskowitz, Florida, Ritchie Torres, Josh Gottheimer, Bill Clark, Anna Moneymaker, Ministry's, Adam Schiff of, Steve Cohen, Jim Costa of, Angie Craig, Don Davis of, Lois Frankel, Jared Golden, Dan Goldman, Greg Landsman, Susie Lee, Kathy Manning of, Wiley Nickel, Chris Pappas, Marie Gluensenkamp Perez, Pat Ryan, Brad Schneider, Kim Schrier, Darren Soto, Debbie Wasserman Schultz, Frederica Wilson of, censuring Tlaib Organizations: Palestinian American, Republican, Service, Republicans, Capitol, New, Democratic, Getty Images, Democratic Rep, Adam Schiff of California, Trump, Tennessee Rep, Jim Costa of California Rep, Minnesota Rep, Don Davis of North Carolina Rep, Florida Rep, Maine Rep, New York, New Jersey Rep, Ohio Rep, Nevada Rep, Kathy Manning of North Carolina Rep, North Carolina Rep, New Hampshire Rep, New York Rep, Illinois Rep, Washington Rep Locations: Israel, Michigan, Georgia, Tlaib, Gaza, New York, New Jersey, Russia, Ohio, Florida, Frederica Wilson of Florida

☆ Brand-new Russian warship hit by Ukraine is so badly damaged that it is likely out of the action for the foreseeable future, war analysts say
▼ + stars: | 2023-11-08 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Ukraine struck a brand new Russian warship in Crimea, and experts say the ship likely won't be operable any time soon. AdvertisementAdvertisementUkraine struck a brand new Russian warship far behind enemy lines, analysts say, likely rendering it inoperable for the foreseeable future. They have damaged or destroyed several Black Sea Fleet ships, and in this case, they took a Russian ship out of action before it could even be commissioned. Like many of its previous attacks in and around occupied Crimea, Ukraine's strikes on the Askold were likely conducted by Storm Shadow/SCALP-EG missiles, observers said. The missiles were likely also used in a recent bombardment of Sevastopol that damaged two warships and surrounding shipyard facilities in September.

Persons: —, Storm, Ukraine's USVs, ISW Organizations: Service, Russian, The Institute, Ukraine, Black, Fleet Locations: Ukraine, Russian, Crimea, Kerch, Ukrainian, France, Sevastopol, Russia

☆ Russia says a battalion made up of Ukrainian prisoners of war is about to be sent to fight against their own country
▼ + stars: | 2023-11-08 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Ukrainian prisoners of war will soon be fighting against their own country, Russian state media says. The move could violate the Geneva Convention on Prisoners of War. AdvertisementAdvertisementRussia says a battalion of Ukrainian prisoners of war (POWs) will soon be sent to the front lines, state media said in a report on how they will fight against their own country. On November 7, Russian state media outlet RIA Novosti said Ukrainian POWs in the "Bogdan Khmelnitsky" battalion swore an oath of allegiance to Russia and would soon deploy into battle. STRINGER/AFP via Getty ImagesThe details surrounding the coming deployment of Ukrainian POWs are murky.

Persons: —, Bogdan Khmelnitsky, Kaskad, ISW, STRINGER Organizations: Geneva Convention, Service, Novosti, Donetsk People's Republic, Institute, Russian University of Special Forces, Getty, RIA Novosti Locations: Russia, Donetsk, Zaporizhzhia, Geneva, Azov, Chechen, Gudermes, Chechnya, Ukraine

☆ NBA roundup: Knicks top Clippers in James Harden's debut
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +8 min

The Knicks outscored the Clippers 35-21 in the fourth quarter and 69-51 in the second half, spoiling the debut of new Los Angeles acquisition James Harden. Kawhi Leonard scored 18 points while Harden finished with 17 points in 31-plus minutes in his first action since the Philadelphia 76ers dealt him to the Clippers on Oct. 31. Chris Paul finished with 17 points, six assists and five rebounds off the bench, and Klay Thompson had 17 points. Isaiah Stewart contributed 17 points and 11 rebounds, while Ausar Thompson had 16 points, seven rebounds and four steals. Sengun, meanwhile, was the offensive linchpin, pairing a career-high 12 assists with 17 points to help Houston to its third consecutive victory.

Persons: RJ Barrett, Gregory Fisher, James Harden, Barrett, Julius Randle, Mitchell Robinson, Kawhi Leonard, Harden, Anthony Edwards, Edwards, Jaden McDaniels, Rudy Gobert, Jayson Tatum, Jaylen Brown, Porzingis, Nikola Jokic, Julian Strawther, Jordan Hawkins, Brandon Ingram, CJ McCollum, Jamal Murray, Stephen Curry, Chris Paul, Klay Thompson, Dario Saric, Jonathan Kuminga, Looney, Cade Cunningham, Killian Hayes, Isaiah Stewart, Ausar Thompson, Myles Turner, phenom Victor Wembanyama, Doug McDermott, Keldon Johnson, Zach Collins, Wembanyama, Charles Bassey, Luka Doncic, Kyrie Irving, Tim Hardaway, Paolo Banchero, Orlando, Moe Wagner, Cole Anthony, Joel Embiid, Tyrese Maxey, Tobias Harris, De'Anthony Melton, Kyle Kuzma, Jordan Poole, Deni Avdija, Bam Adebayo, Jimmy Butler, Tyler Herro, LeBron James, Giannis Antetokounmpo, Antetokounmpo, Damian Lillard, Cam Thomas, Bridges, Ben Simmons, Zach LaVine, DeMar DeRozan, Coby White, Lauri Markkanen, Jalen Green, Alperen Sengun, Green, Sengun, De'Aaron Fox, Shai Gilgeous, Alexander, Chet Holmgren, Onyeka Okongwu Organizations: New York Knicks, Los Angeles Clippers, USA, Knicks, Clippers, New, Philadelphia 76ers, Timberwolves, Celtics, Boston, Pelicans, Denver, Pelicans ., Nuggets, Warriors, Pistons, Golden State, Detroit, Pacers, Spurs, Tyrese Haliburton, Indianapolis . Indiana, Indiana, San, Mavericks, Luka, Dallas, Orlando, 76ers, Wizards, Philadelphia, Sixers, Milwaukee Bucks, Lakers, Miami, Los, Heat, Bucks, Nets, Milwaukee, Brooklyn, Bulls, Jazz, Chicago, Rockets, Jalen, Houston, Hawks, Oklahoma City, Thomson Locations: New York , New York, USA, Madison, Los Angeles, New York, Minneapolis, Minnesota, New Orleans, Pelicans . New Orleans, Indiana, Antonio, Indianapolis ., San Antonio, Washington, Miami, Utah, Sacramento, Houston, Atlanta

☆ What went wrong with WeWork – and what's going to happen to your WeWork office
▼ + stars: | 2023-11-07 | by ( Pete Syme | ) www.businessinsider.com time to read: +7 min

WeWork filed for Chapter 11 bankruptcy protection on Monday. AdvertisementAdvertisementWeWork, the company synonymous with coworking that was once valued at $47 billion, filed for Chapter 11 bankruptcy on Monday night. The main thing to note about WeWork's bankruptcy filing is it's Chapter 11, rather than Chapter 7 which would involve liquidation. AdvertisementAdvertisement"They need to raise capital, and they need to rightsize their real estate portfolio — negotiating more favorable lease terms, rejecting lease terms," said Sarah Foss, global head of legal at Debtwire. It will depend on how profitable each lease is, and what renegotiating terms WeWork is offered by landlords.

Persons: WeWork, —, Adam Neumann, Tim Hynes, David Tolley, Sarah Foss, Foss, Hynes, X0GgcZMUHO, Chris Person, it's, There's, there's Organizations: Service, Colliers Locations: Manhattan

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Nov 7 (Reuters) - The top U.S. consumer financial watchdog on Tuesday proposed to regulate tech giants' digital payments and smartphone wallet services, saying they rival traditional payment methods in scale and scope but lack consumer safeguards. In a statement on Tuesday, Chopra said the tech sector had expanded into financial services traditionally provided by the closely regulated banking sector. "Today's rule would crack down on one avenue for regulatory arbitrage by ensuring large technology firms and other nonbank payments companies are subjected to appropriate oversight," he said. Representatives of Big Tech companies have previously highlighted their efforts to protect consumer data. The agency said the rule would also foster competition by ensuring that both traditional financial players and the tech sector were equally subject to the same oversight.

Persons: Dado Ruvic, Block's, CashApp, Rohit Chopra, Chopra, CFPB, Lindsey Johnson, Douglas Gillison, Hannah Lang, Chris Prentice, Matthew Lewis, Mark Potter, David Gregorio Our Organizations: PayPal, REUTERS, Rights, Consumer, Apple, Big Tech, Consumer Bankers Association, Electronic Transactions Association, Thomson Locations: Washington, New York

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