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☆ Caligan picks up a stake in Verona Pharma, seeing an opportunity to generate more value
▼ + stars: | 2024-11-09 | by ( Kenneth Squire | ) www.cnbc.com time to read: +7 min

It invests in a concentrated portfolio of small and midcap life sciences companies, using activism as a tool to unlock value. A successful drug like Ohtuvayre would not just increase the life expectancies of patients with COPD, but it would lower costs for both health-care providers and COPD patients. Currently, there are over 8.6 million U.S. COPD patients with over 4 million remaining symptomatic despite treatment from the current commercial therapies. In early pooling analysis, Ohtuvayre showed a 41% reduction in exacerbations in COPD patients, almost double brensocatib. When Caligan announced its Verona position last month, the stock was trading at $33.40 per share or a $2.5 billion enterprise value.

Persons: Caligan, David Johnson, Ohtuvayre, Verona's, Verona, MorphoSys, bode, Ken Squire Organizations: Verona Pharma, Caligan Partners, Carlyle Group, FDA, MorphoSys AG, Novartis, pharma, 13D Locations: Verona, London, MorphoSys, Caligan's

☆ A man who paid $200.57 for a night at a famous NYC hotel and then lived there rent-free for years is unfit to stand trial, court says
▼ + stars: | 2024-11-09 | by ( Alcynna Lloyd | Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Mickey Barreto lived in the New Yorker Hotel for free for years before his recent arrest. AdvertisementDoctors say a man who had lived inside the iconic New Yorker Hotel for free for more than half a decade is unfit to stand trial. Mickey Barreto lived in the New Yorker Hotel for years without paying a single cent in rent. In June 2018, Barreto and his partner, Matthew Hannan, stayed in room 2565 at the New Yorker Hotel for one night and paid $200.57. Although a judge ordered him to stop representing himself as the owner of the hotel, Barreto continued to live there for free.

Persons: Mickey Barreto, Barreto, Doctors, —, Cori Weston, Weston, Brian Hutchinson, Hutchinson, Alvin Bragg's, Matthew Hannan Organizations: New Yorker, Service, Manhattan District, New York Times, Times, Addiction, Mount, Business, Associated Press, Holy Spirit Association, Department of Environmental, Unification Locations: , New York, Mount Sinai, Hutchinson, Barreto's

“We take this type of targeting very seriously.”The FBI said it “is aware of the offensive and racist text messages sent to individuals around the country and is in contact with the Justice Department and other federal authorities on the matter,” according to a statement Thursday. At least some appear to have been sent through TextNow in what the company believes “is a widespread, coordinated attack,” it told CNN on Friday. Texts addressed recipients by nameScreenshots of the texts shared with CNN and appearing on social media show the racist messages addressed the recipients by name. Montgomery County Public Schools in Maryland said in a statement Thursday that some of its students received the racist texts. CNN affiliates have also reported instances of students receiving the racist texts in South Carolina, Massachusetts, Connecticut and Pennsylvania, among other states.

Persons: Derrick Johnson, ” Donald Trump’s, Karoline Leavitt, Orangeburg , South Carolina –, Jessica Rosenworcel, ”, “, Liz Murrill, ” Murrill, Murrill, Cori Faklaris, ” Faklaris, Letitia James, ” Kenneth Gray, Alysa, Arleta McCall, ” McCall, Nimrod, ” Megan Shafer, ‘, ’, Jackie Bradley, WISN, ” Bradley, Bradley, you’re, ” Talaya Jones, Talaya Jones, ” Jones, —, Jim Crow, Johnson, Jones, Tasha Dunham, WCVB, wasn’t, ” Dunham Organizations: CNN, Federal, District of Columbia, NAACP, stoke, Black Colleges, Universities, Hampton University, Fisk University, Claflin University, Federal Communications Commission’s, FBI, Justice Department, & Safety, General’s, Louisiana Bureau, Investigation, University of North, Associated Press, New York, University of New, Montgomery County Public Schools, ”, University of Alabama, Missouri State University, Missouri NAACP, Lower, Lower Merion School District, Milwaukee, WISN Locations: New York, California, Hampton , Virginia, Nashville , Tennessee, Orangeburg , South Carolina, TextNow, Louisiana, Poland, Napoleonville , Louisiana, Washington , DC, Virginia , New Jersey , Illinois, Maryland, University of North Carolina, Charlotte, University of New Haven, Montgomery County, Missouri, South Carolina , Massachusetts , Connecticut, Pennsylvania, Lower Merion, Montgomery County , Pennsylvania, Piscataway , New Jersey, United States, Lodi , California, North Carolina

☆ Trump’s new chief of staff is an unassuming figure in his brash inner circle. She’s also one of its most effective operators.
▼ + stars: | 2024-11-09 | by ( Steve Contorno | ) edition.cnn.com time to read: +12 min

Neither Wiles nor Trump’s transition team immediately responded when asked if Wiles would soon step away from her position at Mercury. “The clown car can’t come into the White House at will,” the source said. She worked on Ronald Reagan’s 1980 presidential campaign and then in his White House. He then gave her nearly unfettered leeway to operate his Florida campaign as she saw fit. Florida Sen. Marco Rubio posted on social media: “President Trump has chosen a strong, intelligent woman to serve as White House Chief of Staff.”

Persons: Donald Trump, America’s, –, Dana White –, Susie Wiles, Wiles, Trump’s, Trump, Susie, ” Trump, ”, Chris LaCivita, ” Michael Caputo, ‘, —, Jared Moskowitz, Charlie Kirk, Kevin McCarthy, “ Susie Wiles, ” Kirk, doesn’t, John Kelly, Reince Priebus, you’ve, Kelly, Mick Mulvaney, Mark Meadows, Pat Summerall, Jack Kemp, Kemp, Ronald Reagan’s, Rick Scott, Jon Huntsman, Huntsman, Mitt Romney, Brian Ballard, Jeb Bush, Marco Rubio, “, Ron DeSantis, DeSantis, James Blair, Blair, Mark Cuban, Florida Sen Organizations: Palm Beach , Florida CNN, Fighting, White, Trump, CNN, Mercury, Swisher International, Ballard Partners, carmaker, Motors, Military Management, Children’s Hospital Association, Staff, US Capitol, of Justice, Sunshine State, NFL, Rep, New York Giants, Utah Gov, Florida, Republican, Electoral College, Republicans Locations: Palm Beach , Florida, Pennsylvania, Washington, Mar, Florida, DC, America, Trump, Jacksonville, Manhattan

☆ Healthcare investors are torn on Trump's second term
▼ + stars: | 2024-11-09 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +11 min

While many tech VCs are optimistic about Trump's second term, some healthcare investors feel stuck. AdvertisementThe lower corporate taxes and deregulation a second Trump term could promise are already amplifying public market optimism. She could be removed as the FTC's head early in Trump's second term — and with relaxed M&A regulations, "anything is possible," said What If Ventures founder Stephen Hays. SOPA Images/Contributor/Getty ImagesMedicaid could also be targeted in Trump's second term. A boon for healthcare AI and Medicare AdvantageTrump's victory could have a positive impact on several big areas of healthcare investment.

Persons: —, Donald Trump's, Trump, He's, he'll, Robert F, Kennedy Jr, Trump's, Michael Greeley, Rebecca Noble, Tesla, JP Morgan Chase, Maven, Omada, Sean Duffy, Lina Khan, Stephen Hays, James Leynse, VCs, Carli Sapir, Jordan Nof, Greeley, Shiv Rao, Kennedy Jr's, Chrissy Farr, Phelps, Phillips, Farr Organizations: Trump, Service, Food and Drug Administration, Centers for Disease Control, Biden, Flare Capital Partners, Getty, Healthcare, Health, Cigna, Humana . Bloomberg, Federal Trade Commission, Investors, Business, Amboy Street Ventures, Tusk Venture, Senate, Affordable, Coalition for Health, Mayo Clinic, Johns Hopkins, Microsoft, Alignment Healthcare, Scrub Locations: Trump's Florida, Tuesday's, Trump's, Boston, America

☆ The US needs ammunition for its next big war — a lot of it
▼ + stars: | 2024-11-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

The US has sent Ukraine and Israel billions of dollars worth of ammunition in recent years. The wars in Ukraine and the Middle East show the US how much ammo it will need for its next big war. Beyond the ammunition, the US has also sent Ukraine a significant amount of armored vehicles, air-defense systems, drones, anti-tank weapons, small arms, and more. Given Beijing's formidable arsenal of anti-ship missiles, Navy vessels would need to be well-armed with interceptors to take down these threats and defend American assets in the Pacific. The US has transferred Patriot batteries and their associated interceptor missiles to Ukraine, where they have gotten a workout against Russian missiles.

Persons: —, Bradley Martin, Biden, Dwight D, Eisenhower, Mark Cancian, Martin, Alexandra Shea, Lockheed Martin Organizations: US, Service, Factory, AP, Pentagon, Brown University, US Navy, Navy, US Marine Corps, Center for Strategic, International, RAND, US Army, Pacific . Officials, Russian, Ship Locations: Ukraine, Israel, Red, Navy, Russia, Ukrainian, Iran, Yemen, Gulf of Aden, Iranian, China

☆ Mark Zuckerberg isn't personally liable for any harm caused to children by Facebook and Instagram, judge says
▼ + stars: | 2024-11-09 | by ( Lauren Edmonds | Kenneth Niemeyer | ) www.businessinsider.com time to read: +5 min

A federal judge said Mark Zuckerberg is not personally liable in over two dozen lawsuits. AdvertisementA federal judge said Meta CEO Mark Zuckerberg is not personally liable in over two dozen lawsuits accusing his company of causing social media addiction in children. Plaintiffs said that Meta knew Instagram and Facebook posed health risks to its users, especially children. The court's ruling comes as world leaders crack down on some social media companies over claims that they are addictive to children and teens. AdvertisementIn Australia, Prime Minister Anthony Albanese this week announced plans to introduce a law banning children under 16 from having social media accounts.

Persons: Mark Zuckerberg, Meta, Instagram, —, Yvonne Gonzalez Rogers, Plaintiffs, Zuckerberg, TikTok, Anthony Albanese, Antigone Davis, Previn Warren Organizations: Facebook, Service, Associated Press, Meta, Business, Motley Rice LLC, Big Tech, Google Locations: California

Jurors will deliberate from 9 a.m. to 4 p.m. Monday through Saturday until they reach a verdict, according to WTHR. Last month, 16 Allen County residents were selected to serve on the jury, including four people serving as alternates, WTHR said. “I believe the evidence is firmly convincing that Richard Allen is Bridge Guy and he killed Abby and Libby,” McLeland told the jury. Prosecutors drew attention to the .40-caliber unspent round found by the girls’ bodies, which a prosecution expert testified matched Allen’s pistol. He also pointed out that Allen still lived in Delphi for more than five years after the girls were killed.

Persons: Richard Allen, Allen, Liberty “ Libby, Abigail “ Abby ” Williams, WTHR, Frances Gull, Nick McLeland, “, Bridge Guy, Abby, Libby, ” McLeland, McLeland, ” Allen, Brad Rozzi, you’ve, ” Rozzi, Abigail Williams, Abby ”, “ Libby ”, Guy ”, Tony Liggett, Allen “, Monica Wala, Wala, I’m, Deanna Dwenger, Odinism, White supremacists, Gull, Darron Cummings, Brian Harshman, Guy ’, ’, “ Richard Allen, Rozzi, Allen wasn’t Organizations: CNN, WTHR, Associated Press, Bridge, ”, Liberty, WLFI, Prosecutors, Indiana Department of Corrections Behavioral Health, WRTV, Indiana State Police Locations: Delphi , Indiana, Carroll, Allen County, Allen, Delphi, Westville Correctional

☆ Don Bacon Defeats Tony Vargas for House Seat in Nebraska
▼ + stars: | 2024-11-09 | by ( Karoun Demirjian | ) www.nytimes.com time to read: +1 min

Representative Don Bacon of Nebraska, one of the most politically vulnerable Republicans in the country, has defeated his Democratic challenger and won a fifth term, according to The Associated Press. His victory denies Democrats one of their best opportunities this year to pick up a seat and bolsters his party’s drive to hold its majority. The race was the second matchup between Mr. Bacon and Tony Vargas, who came within 6,000 votes of unseating the congressman in 2022. Mr. Vargas came up short again on Friday evening, even after top Democrats including Representative Hakeem Jeffries, the minority leader, and Gov. The contest between Mr. Bacon, 61, a former brigadier general in the Air Force, and Mr. Vargas, 40, a former public-school teacher who is the son of Peruvian immigrants, featured debates over national issues including abortion rights, taxes and public safety.

Persons: Don Bacon of Nebraska, Bacon, Tony Vargas, Vargas, Hakeem Jeffries, Tim Walz, Biden Organizations: Democratic, Associated Press, Air Force Locations: Minnesota, Omaha

☆ Florida basketball coach Todd Golden acknowledges school investigation and considers defamation suit
▼ + stars: | 2024-11-09 | by ( Associated Press | ) edition.cnn.com time to read: +3 min

(AP) — Florida basketball coach Todd Golden acknowledged an ongoing school inquiry Saturday and said he is considering “defamation claims,” presumably against his accusers. “I have recently engaged (attorney) Ken Turkel to advise me on my ability to bring defamation claims while this confidential investigation is ongoing. Golden is expected to coach the 21st-ranked Gators (2-0) in that one. Amato was fired without cause one year into a six-year contract, leaving the Gators on the hook for roughly $1.125 million. Rashada is now suing Florida football coach Billy Napier and a prominent booster.

Persons: Todd Golden, ”, “, ” Golden, Ken Turkel, Golden, Scott Stricklin’s, Stricklin, Cam Newbauer, Newbauer, Tony Amato, Amato, Dan Mullen, signee Jaden Rashada, Billy Napier Organizations: Independent Florida Alligator, Grambling State, Gators, Associated Press, Golden, Florida Locations: GAINESVILLE , Florida, Florida, Grambling State ., Gainesville

☆ Australia wants to ban kids under 16 from social media as world governments seek to crack down on the 'addictive' apps
▼ + stars: | 2024-11-09 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +5 min

Australia plans to ban social media for users under 16, Prime Minister Anthony Albanese said. AdvertisementWith young people using social media more than ever, and those social media companies perfecting the algorithms that keep them engaged, concerns about social media addiction are taking root all over the world. Now, Australia wants to ban social media for everyone under 16. Australia's social media ban will be introduced into Parliament during its final session this year, which begins on November 18. If passed, social media companies will have 12 months to figure out how to keep minors off their apps before the law is enforced, he said.

Persons: Anthony Albanese, —, " Albanese, Albanese, Jackie Hallan, Hallan, they're, Antigone Davis, Davis Organizations: Service, Australian, TikTok, Guardian, Reuters, Associated Press Locations: Australia, United States, Kentucky

A cadre of blue-state governors is already preparing a litany of political and legal moves to shield their states’ policies and residents from federal actions under Donald Trump's new administration. In California, Gov. A spokesperson for Trump didn’t immediately respond to questions about how Democratic governors are responding to his return to the White House. Phil Murphy pledged to both push back against Trump when necessary, while also seeking out areas for compromise. “If it’s contrary to our values, we will fight to the death,” Murphy said at a Wednesday press conference, mentioning issues such as immigration and reproductive rights.

Persons: Donald Trump's, Gavin Newsom, ” Newsom, ”, Trump, “, —, “ Trump, Newsom, Gavin Newscum ”, ’, JB Pritzker, Illinoisans, ” Pritzker, Pritzker, Anne Caprara, “ We’re, ” Caprara, we’ve, Kathy Hochul, Letitia James, “ I’m, ” Hochul, Maura Healey, ” Healey, Trump’s, Healey, Josh Shapiro, ” Shapiro, William Penn, Phil Murphy, ” Murphy Organizations: Democratic, Trump, Gov, state’s Justice, Associated Press, ’ ”, America, ” New York Gov, Initiative, New, Massachusetts Gov, MSNBC, Pennsylvania Gov Locations: In California, California, ’ ” Illinois, Illinois, Covid, Massachusetts, Pennsylvania, California , New York, Commonwealth, New Jersey

☆ 12 Salisbury Univ. students charged with hate crimes for allegedly beating man over his sexual orientation, police say
▼ + stars: | 2024-11-08 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

Twelve students at Salisbury University in Maryland have been charged with hate crimes after they allegedly targeted a man over his sexual orientation by inviting him to an off-campus apartment where they beat him and used derogatory names, police said. Salisbury University in Salisbury, Md. Megan Raymond/Salisbury Daily Ti / USA Today NetworkPolice said they were contacted by the Salisbury University police department on Oct. 31 about an assault that allegedly occurred in an off-campus apartment complex for college-aged students. Salisbury University President Carolyn Ringer Lepre wrote on X that the students arrested have been placed on suspension, which includes being restricted from campus and barred from academic coursework. “It’s very unfortunate that Salisbury University has jumped to conclusions by suspending these young men before there has been any findings related to this incident,” he said.

Persons: Ryder Baker, Bennan Aird, Riley Brister, Cruz Cespedes, Dylan Earp, Elijah Johnson, Zachary Leinemann, Cameron Guy, Jacob Howard, Eric Sinclair, Patrick Gutierrez, Dylan Pietuszka, Aird, Megan Raymond, Salisbury, “, Carolyn Ringer Lepre, Lepre, Steve Rakow, ”, Leinemann Organizations: Salisbury University, Salisbury Police, USA Today Network Police, Terrace, Police, Sigma Alpha Epsilon, NBC, NBC News, SU, ” Salisbury University Locations: Maryland, Salisbury, Delaware, Md

☆ 12 Salisbury Univ. students charged with hate crimes for allegedly beating man over his sexual preferences, police say
▼ + stars: | 2024-11-08 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

Twelve students at Salisbury University in Maryland have been charged with hate crimes after they allegedly targeted a man over his sexual preferences by inviting him to an off-campus apartment where they beat him and used derogatory names, police said. The students, aged 18 to 21, have been charged with first-degree assault, false imprisonment, reckless endangerment and associated hate crime charges, the Salisbury Police Department said in a news release Thursday. Police said they were contacted by the Salisbury University police department on Oct. 31 about an assault that allegedly occurred in an off-campus apartment complex for college-aged students. Salisbury University President Carolyn Ringer Lepre wrote on X that the students arrested have been placed on suspension, which includes being restricted from campus and barred from academic coursework. “It’s very unfortunate that Salisbury University has jumped to conclusions by suspending these young men before there has been any findings related to this incident,” he said.

Persons: Ryder Baker, Bennan Aird, Riley Brister, Cruz Cespedes, Dylan Earp, Elijah Johnson, Zachary Leinemann, Cameron Guy, Jacob Howard, Eric Sinclair, Patrick Gutierrez, Dylan Pietuszka, Aird, “, Carolyn Ringer Lepre, Lepre, Steve Rakow, ”, Leinemann Organizations: Salisbury University, Salisbury Police, Delaware . Police, Terrace, Police, Sigma Alpha Epsilon, NBC, NBC News, SU, ” Salisbury University Locations: Maryland, Salisbury, Delaware

☆ James Van Der Beek reveals the first symptoms of colon cancer that he initially dismissed
▼ + stars: | 2024-11-08 | by ( Scott Stump | ) www.nbcnews.com time to read: +3 min

James Van Der Beek gave his first comments about the “shock” of learning he has colorectal cancer and the “trickiest thing” he’s faced since being diagnosed. Rates of colorectal cancer in people under 55 like Van Der Beek have been increasing by 1% to 2% a year since the mid-1990s, according to the American Cancer Society. “I’d always associated cancer with age and with unhealthy, sedentary lifestyles,” Van Der Beek told People. Van Der Beek underwent a colonoscopy, which is when he learned he has cancer. “The trickiest thing is there are so many unknowns with cancer,” Van Der Beek said.

Persons: James Van Der Beek, he’s, Van Der Beek, ” Van Der Beek, Kimberly, “, “ I’d, ’ ”, —, ”, I’ve, Instagram, “ I’ve, It’s Organizations: American Cancer Society Locations: “, Texas

With the glaring exception of the presidential race, North Carolina Democrats had a good 2024 election. Those results largely comport with decades of political trends in North Carolina. For decades, voters in North Carolina have shown a propensity to elect Republicans for federal office while supporting Democrats in downballot statewide races. North Carolina, which holds its races for governor in presidential election years, has voted for the Republican presidential candidate in every election but one since 1980. “Welcome to the political legacy and history and trajectory of North Carolina politics.

Persons: Kamala Harris, Donald Trump, Mark Robinson’s, “, Mark Robinson, ”, Josh Stein, Robinson, Rachel Hunt, Republican Hal Weatherman, Stein, Jeff Jackson, Republican Dan Bishop, Elaine Marshall, Republican Chad Brown, Democrat Maurice Green, Republican Michele Morrow, Republican Catherine Truitt, Morrow, Republican Jefferson Griffin, Allison Riggs, Democrats downballot, Sam Newton, Newton, Weatherman, didn’t, Trump, It’s, Michael Bitzer, ” Newton, Bitzer Organizations: North Carolina Democrats, Republicans, Republican, Gov, North, North Carolina GOP, Democrat, Democrats, Associated Press, Democratic, NBC, Democratic Governors Association, CNN, National Democrats, Democratic National Committee, Catawba College, Trump Locations: North Carolina, downballot, Carolina, Charlotte

PROVO, Utah — A small herd of domestic llamas was spotted taking an evening stroll on the train tracks in Provo, Utah, on Thursday after the woolen creatures escaped from their owner, according to the Utah Transit Authority. Several emergency responders were dispatched to round up the five llamas after transit officials received reports of the animals wandering the Union Pacific line. The llama search did not delay train service, transit authority spokesperson Gavin Gustafson said. Whether the llamas had been caught was unknown as of 10 p.m. local time, about three and a half hours after crews were called to the area 43 miles south of Salt Lake City, Gustafson said. Details about how the llamas escaped and where they came from were not immediately available.

Persons: Gavin Gustafson, Gustafson Organizations: Utah Transit Authority, Union Pacific Locations: PROVO , Utah, Provo , Utah, Salt Lake City

☆ Self-described Nazi becomes first person jailed in Australia for performing outlawed salute
▼ + stars: | 2024-11-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +2 min

MELBOURNE, Australia — A self-described Nazi became the first person in Australia to be sentenced to prison for performing an outlawed salute when he was ordered by a magistrate on Friday to spend one month behind bars. Jacob Hersant, 25, is also the first person in the state of Victoria to be convicted of performing the Nazi salute. He was convicted in the Melbourne Magistrates Court last month of performing the salute before news cameras outside the Victoria County Court on Oct. 27, 2023. Hersant had just avoided a prison sentence on a conviction for causing violent disorder. Performing a Nazi salute had been outlawed by the state parliament days earlier.

Persons: Jacob Hersant, Hersant, Brett Sonnet, Tim Smartt, Smartt, “ It’s, ” Smartt, Sonnet, ” Sonnet, “, Adolf Hitler, “ We’re, ” Hersant, ” Organizations: Victoria County Court, Nazi, National Socialist Network Locations: MELBOURNE, Australia, Nazi, Victoria, Melbourne, Victoria County

☆ Mexican man gets 39 years for killing girlfriend in Michigan slaying that became campaign issue
▼ + stars: | 2024-11-08 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

GRAND RAPIDS, Mich. — A Mexican national who is in the U.S. illegally was sentenced Thursday to 39 years in a Michigan prison for killing his girlfriend, a crime that suddenly was thrust into the U.S. presidential race because of the man’s immigration status. I apologize with the utmost respect to all immigrants from all walks of life,” Brandon Ortiz Vite told a judge in Grand Rapids. Ortiz Vite, 26, pleaded guilty in September to murder and other crimes. Ruby Garcia was found shot to death on the side of a Grand Rapids highway. “You, sir, are a cold-blooded murderer,” Judge Mark Trusock told Ortiz Vite.

Persons: ” Brandon Ortiz Vite, Ortiz Vite, Ruby Garcia, Donald Trump, Biden, it’s, Trump, Mark Trusock, ” Ortiz Vite, ” Organizations: U.S, AP Locations: GRAND RAPIDS, Mich, —, U.S, Michigan, Grand Rapids, Grand

☆ Bitcoin's on track to hit $100,000 after Trump's election victory, analysts say
▼ + stars: | 2024-11-08 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Bitcoin is on track to hit the $100,000 price milestone by the end of the year after President-elect Donald Trump's election victory, according to analysts. Bitcoin at $100,000 "doesn't sound so unreasonable" given it equates to "just 10% of gold's market share," Butterfill told CNBC in emailed comments. BTC to hit $100K by Trump's inauguration A $100,000 bitcoin price is likely to be reached by the time Trump is inaugurated president on Jan. 20, 2025, according to Fadi Aboualfa, head of research at crypto custodian Copper.co. Still, with bitcoin exchange-traded funds currently holding roughly 1.1 million bitcoins, momentum is likely to be positive in the coming months, Aboualfa added. It cuts in half the supply of bitcoin issued to miners who successfully produce new bitcoins.

Persons: Donald Trump's, James Butterfill, Butterfill, Trump, Kamala Harris, Gary Gensler, CoinShares, Kooner, Fadi Aboualfa, Aboualfa Organizations: Republicans, CNBC, Wednesday, U.S . Securities, Exchange Commission, SEC, Federal Reserve, BTC, Trump's Locations: America, bitcoin, U.S

☆ LeBron and Bronny James’ NBA time put on hold as Lakers assign Bronny to G League team
▼ + stars: | 2024-11-08 | by ( Kevin Dotson | ) edition.cnn.com time to read: +2 min

The Los Angeles Lakers assigned Bronny James to the team’s G League South Bay Lakers squad on Thursday. Playing a very limited role with the team, Bronny tallied four points in 13 total minutes of playing time. The 20-year-old made history in the Lakers’ season opener against the Minnesota Timberwolves in October when he and LeBron became the first father-son duo to appear together in an NBA game. James’ reassignment does not necessarily mean that NBA fans have seen the last of the rookie playing alongside his father in the NBA this season. LeBron’s talked about that.”Los Angeles Lakers guard Bronny James scored the first points of his NBA career against the Cleveland Cavaliers on October 30.

Persons: LeBron James, Bronny James, Bronny, LeBron, James ’, Redick, ” Redick, Rob, LeBron’s, Ken Blaze, Reuters James, James Organizations: CNN, Los Angeles Lakers, G, South Bay Lakers, Lakers, Minnesota Timberwolves, NBA, G League, J.J, Associated Press, “, Cleveland Cavaliers, USA, Sports, Reuters, USC Trojans, Trojans, Salt Lake City Stars, LeBron’s Lakers, Philadelphia 76ers Locations: Salt Lake, El Segundo , California

☆ CEOs around the world started talking about Trump's tariffs as soon as he won
▼ + stars: | 2024-11-08 | by ( Polly Thompson | ) www.businessinsider.com time to read: +8 min

It is months before Trump's inauguration, but tariffs are already on the lips of global business leaders. AdvertisementAs soon as Donald Trump won reelection, CEOs worldwide discussed his plans for a new era of global tariffs. AdvertisementOn Wednesday, Oliver Zipse, chairman of BMW, downplayed fears over tariffs during a third-quarter earnings call, citing the company's large US business. Advertisement"Politics is politics," Ikea's CEO, Jesper Brodin, told Business Insider when asked about how Trump's tariffs would affect international business. Soon after Trump's departure from the White House, the two sides ended their dispute and axed the tariffs, but renewed tariffs could lead to issues once again.

Persons: Donald Trump, Ralph Lauren, —, Trump, he'd, John Deere, Trump's, Shinju Aoyama, Aoyama, Shinji Aoyama, YOSHIKAZU, Piyush Gupta, Gupta, Europe Trump, Davidson, Oliver Zipse, Zipse, Maja Hitij, Arne Freundt, Freundt, Jesper Brodin, Guillaume Faury, Faury, OZAN KOSE, Martin Sorrell, Sorrell, Justin Picicci, Ralph Lauren's, Picicci, Timothy Boyle Organizations: BMW, Airbus, Ikea, Service, Biden, Japan's Honda Motors, Honda, Getty, DBS, Mercedes, Volkswagen, Puma, European Union, Boeing, EU, White, North, Columbia, Washington Post Locations: China, Mexico, Europe, AFP

☆ Florida basketball coach Todd Golden faces Title IX investigation for sexual harassment: report
▼ + stars: | 2024-11-08 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

(AP) — Florida basketball coach Todd Golden is facing allegations of sexual harassment, sexual exploitation, stalking and cyberstalking multiple women — including students — over the past 12 months, according to a report published Friday in the school’s student newspaper. According to the Independent Florida Alligator, the claims against Golden include unwanted sexual advances on Instagram, requesting sexual favors, and sending photos and videos of his genitalia. The newspaper based its report on a copy of a Sept. 27 Title IX complaint against Golden it said it had obtained. Stricklin forced women’s basketball coach Cam Newbauer to resign in 2021 amid allegations he verbally, physically and mentally abused players and staff members. Less than a year later, Stricklin fired women’s soccer coach Tony Amato amid an investigation into the coach’s comments and behavior regarding players’ eating habits and body shapes.

Persons: Todd Golden, Golden, Scott Stricklin’s, Stricklin, Cam Newbauer, Tony Amato, Amato Organizations: Independent, Golden, Associated Press, AP, Gators Locations: GAINESVILLE , Florida, Florida, Gainesville

☆ Markets just had their best week all year
▼ + stars: | 2024-11-08 | by ( John Towfighi | ) edition.cnn.com time to read: +4 min

New York CNN —US stocks closed at record highs on Friday, notching their best week all year after Donald Trump’s victory in the US presidential election. Both the S&P and the Dow had their best week in a year. Investors are responding to how Trump’s victory might transform the business landscape in the US. Markets had a milestone week as investors adjusted to Trump’s victory and started to evaluate the policies touted by his campaign, such as his proposal to lower the corporate tax rate. Markets move based on investor sentiment, and the historic gains this week are not certain to last.

Persons: Donald Trump’s, Dow, ”, Michael Block, Trump, Keith Lerner, Lerner, ” Lerner, Elon Musk’s Tesla, Bitcoin, Hogan, … Organizations: New, New York CNN, Nasdaq, US, Treasury, Markets, Dow, Advisory, Federal Reserve, Trump, Trump Media & Technology, GEO, America PAC, JPMorgan, Riley Wealth Management Locations: New York

☆ Read the Trump Assassination Plot Criminal Complaint
▼ + stars: | 2024-11-08 | by ( ) www.nytimes.com time to read: +3 min

In one voice note, RIVERA stated, among other things, "this bitch is hard to catch, bro. And because she hard to catch, there ain't gonna be no simple pull up, unless there the luck of the draw. In a subsequent voice note, RIVERA stated, among other things, that "we was here at night time, like 5:30 this morning, there was no fuckin' lights on. In a subsequent voice note, RIVERA stated, "If we can catch her walking through the door, that's something different. V. In a subsequent voice note, apparently responding to a message from SHAKERI, RIVERA stated: What I'm sayin' to you in a nutshell, bro.

Persons: RIVERA, SHAKERI, bro, Kickin Locations: SHAKERI, New York, Tehran

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