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☆ Caruso-Bass Race for Los Angeles Mayor Might Take More Than a Week to Resolve
▼ + stars: | 2022-11-10 | by ( Christine Mai-Duc | ) www.wsj.com time to read: 1 min

Independent Rick Caruso and Democratic Rep. Karen Bass are vying to be the next mayor of Los Angeles, with issues such as homelessness occupying center stage. Congresswoman Karen Bass and developer Rick Caruso remained locked in a tight race for mayor of Los Angeles, as political strategists said it could take more than a week for the final result to become clear. As of Wednesday morning, Mr. Caruso was leading Ms. Bass by just more than 12,000 votes, 51% to 49%, with about 43% of the expected ballots counted, according to the Associated Press. Election administrators said they would release the next batch of results Friday in America’s second most populous city.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin jumps back above $17,000, and SBF blames himself for FTX's collapse: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Callie Cox of eToro discusses the impact of Binance backing out of the FTX rescue on crypto markets and the industry as a whole.

SHARM EL-SHEIKH, Egypt, Nov 9, (Reuters) - Civil society groups and youth activists at the U.N. COP27 summit held small pop-up rallies Wednesday at designated areas in this Red Sea resort town. At yet another small gathering, about 20 protesters demanded an end to fossil fuel use, chanting: "What do we want? Climate justice ... when do we want it? Youth activist Lucky Abeng of the Pan African Climate Justice Alliance said the group wanted world leaders to take the financing agenda seriously. "Adaptation financing and also climate financing for Africa, it’s nonnegotiable," he said.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCryptocurrencies tank as FTX fallout continues to roil markets: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Alex McDougall, the president & CEO of Stablecorp Inc., discusses the impact of the proposed agreement between Binance and FTX on crypto markets, what would happen in the event the deal does not go through and what can help restore investor trust.

☆ Gambling, Marijuana and Taxing the Rich Will Be on Midterm Ballots
▼ + stars: | 2022-11-08 | by ( Christine Mai-Duc | ) www.wsj.com time to read: 1 min

Voters across the U.S. on Tuesday will decide the fate of dozens of consequential ballot measures, from legalizing marijuana to taxing the rich. Several states, including Maryland and Arkansas, are considering whether to legalize recreational marijuana, while five states, including Alabama and Louisiana, could open the door to ending the use of involuntary prison labor. Nebraska and Nevada voters could boost the minimum wage in their states. Other hot-button issues in Tuesday’s elections including gambling, immigration and guns are also the subject of state-level referendum campaigns.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFTX token plunges as Binance steps in to buy the crypto exchange's non-U.S. unit: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Nic Carter of Castle Island Ventures discusses the implications of the agreement between Binance and FTX for the crypto market.

Nonpartisan forecasters and opinion polls suggested a strong chance of Republicans winning a House majority and a tight race for Senate control. Shares in healthcare, energy and defense sectors could see more volatility in the wake of the election. "A Republican victory is seen as removing either current regulations, like in the energy sector, or potential future regulations like in the pharmaceutical sector." The S&P 500 (.SPX) is up nearly 9% from its recent October lows, but has still posted steep losses this year on worries that aggressive monetary policy tightening would tip the U.S. economy into a recession. Among S&P 500 sectors, energy (.SPNY) and consumer discretionary (.SPLRCD) fell the most, down 1% and 0.5%, respectively.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin slumps ahead of midterms, and FTX addresses slow withdrawals: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, we take a deep dive into crypto's influence on politics ahead of the midterm elections.

☆ In Los Angeles Mayoral Race, Businessman Gains on Veteran Congresswoman
▼ + stars: | 2022-11-04 | by ( Christine Mai-Duc | ) www.wsj.com time to read: 1 min

Like virtually every political race in Los Angeles, the contest for mayor has centered largely on homelessness. LOS ANGELES—Businessman Rick Caruso has launched back into contention to become the next mayor of Los Angeles, as record spending and a focus on homelessness and crime have tightened his race with longtime Democratic Congresswoman Karen Bass , according to campaign strategists and a recent poll. Ms. Bass bested the mall developer in June’s crowded open primary by 7 percentage points, despite his record $41 million in spending in that round. Polls over the summer showed her leading by double digits and seemingly poised to become the first woman elected mayor of America’s second-most-populous city.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther jumps 7% in a week, and Coinbase's CFO breaks down the firm's Q3 earnings: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Alesia Haas, chief financial officer at Coinbase, breaks down the company's Q3 earnings and its plans to withstand the crypto bear market.

☆ Elon Musk says sleeping on factory floors was important so Tesla employees would 'give it their all,' days after a Twitter boss was pictured sleeping in the office
▼ + stars: | 2022-11-04 | by ( Aaron Mok | Hayley Cuccinello | ) www.businessinsider.com time to read: +3 min

Elon Musk talked about his sleeping habits, including past nights spent on Tesla's factory floor. Musk's comments come after a Twitter employee shared a photo of his boss sleeping in the office. Musk said that sleeping on the floor was "damn uncomfortable" and made him "smell like dust." Musk's comments come days after a Twitter employee shared a photo early Wednesday morning of his boss Esther Crawford, the director of product management at Twitter, sleeping on the office floor. Musk has publicly talked about his sleeping habits in the past.

☆ California Gov. Gavin Newsom Fights Loudly with Republicans Nationally, Quietly With Democrats Back Home
▼ + stars: | 2022-11-03 | by ( Christine Mai-Duc | ) www.wsj.com time to read: 1 min

California Gov. Gavin Newsom is intent on casting himself as a national champion for Democrats, many of whom he thinks are eager for more aggressive leadership, says people who have worked with him. As he cruises toward re-election Tuesday, California Democratic Gov. Gavin Newsom has spent much of his time and campaign money picking fights with Republicans in other states, including running ads in Texas and Florida criticizing their GOP governors. But in Sacramento, where Democrats dominate the state legislature and have perennial ambitions to push first-in-the nation policies on everything from climate change to technology regulation, Mr. Newsom has regularly clashed with the most progressive elements of his own party.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFidelity launches crypto waitlist, and Robinhood shrinks quarterly losses: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Budd White of Tacen explains how crypto investors could change strategy after the Fed's latest rate hike.

☆ Bitcoin rises as Fed hints at policy shift, and BitDeer delays Wall Street debut: CNBC Crypto World
▼ + stars: | 2022-11-02 | by ( Jordan Smith | Mai Tejapaibul | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin rises as Fed hints at policy shift, and BitDeer delays Wall Street debut: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Callie Cox of eToro discusses macro pressures weighing on crypto investors.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCoinbase backs Ripple in SEC case, and investors could be too optimistic on rates: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Steve McClurg of Valkyrie explains what investors are watching ahead of the Fed meeting

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther rallies 17% in October, and Meta's VR costs mount one year after rebrand: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Calanthia Mei of Masa Finance discusses what could spur the next bull run for bitcoin and other digital currencies.

☆ The next catalyst to Fed uncertainty may be midterm elections, says MAI Capital's Chris Grisanti
▼ + stars: | 2022-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe next catalyst to Fed uncertainty may be midterm elections, says MAI Capital's Chris GrisantiChris Grisanti, MAI Capital Management chief equity strategist, joins 'The Exchange' to discuss the Fed's impact on the market, market bottoming and the likelihood of a pivot.

☆ Watch CNBC’s full interview with MAI Capital Management's Chris Grisanti
▼ + stars: | 2022-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with MAI Capital Management's Chris GrisantiChris Grisanti, MAI Capital Management chief equity strategist, joins 'The Exchange' to discuss the Fed's impact on the market, market bottoming and the likelihood of a Fed pivot.

☆ Large explosion in Taiwan's CPC Dalin oil refinery, no injuries
▼ + stars: | 2022-10-28 | by ( ) www.reuters.com time to read: +2 min

HONG KONG, Oct 28 (Reuters) - An explosion hit Taiwan's state-backed CPC Dalin Refinery in the southern city of Kaohsiung on Thursday night, videos and images from the Fire Department showed with heavy fire seen above the plant, officials said, adding nobody was hurt in the incident. The city's fire department said flames were put out early on Friday and no one was injured or trapped as per an initial investigation. CPC spokesperson Ray Chang said there was "very limited impact" on the company's output, as it has several other such units in its facilities across the island. The unit, which has a capacity of 40,000 barrels per day according to Refinitiv Eikon, is used to remove sulphur from oil products. The incident happened during routine maintenance at the plant, the city government said.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDOGE soars as Elon Musk buys Twitter, and Wall Street crypto adoption accelerates: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Crypto World takes a look at the rise of Wall Street investments in crypto and what it means for the industry built on decentralization.

☆ Bitcoin dips as U.S. economy grows, and a crypto scam launches every four minutes: CNBC Crypto World
▼ + stars: | 2022-10-27 | by ( Jordan Smith | Mai Tejapaibul | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin dips as U.S. economy grows, and a crypto scam launches every four minutes: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Chen Arad of Solidus Labs discusses new data that shows 15 crypto scams launch per hour.

☆ LAPD Launches Criminal Investigation Into Recording With Councilwoman’s Racist Comments
▼ + stars: | 2022-10-26 | by ( Alyssa Lukpat | Christine Mai-Duc | ) www.wsj.com time to read: 1 min

The Los Angeles Police Department said it is opening a criminal investigation into whether the leaked audio recording that captured a city councilwoman making racist comments was made illegally. Nearly two weeks after the recording circulated and upended city politics, the officials caught on the tape—Councilwoman Nury Martinez and three others—asked the Los Angeles police to investigate how the recording was made, Los Angeles Police Department Chief Michel Moore said Tuesday. The officials told police they believed the recording was made illegally without their permission.

☆ San Francisco Reconsiders Business Ban That Targets States’ Social Values
▼ + stars: | 2022-10-26 | by ( Christine Mai-Duc | ) www.wsj.com time to read: 1 min

San Francisco is considering softening a ban on publicly funded contracts and travel in 30 states that don’t share its liberal values on issues such as abortion and transgender rights, as officials question whether the prohibition is having any effect beyond likely costing the city tens of millions of dollars. Five of the 11 members of San Francisco’s entirely Democratic board of supervisors sent a letter to city administrator Carmen Chu last week asking her to study options to amend the law, which they said has resulted in significant administrative costs and limited competition among bidders for city contracts.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther crosses $1,400, Apple tweaks NFT rules, and Alexis Ohanian's crypto outlook: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Alexis Ohanian and Katelin Holloway of Seven Seven Six discuss the firm's investment in Doodles, and they share their outlook for the crypto industry.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPolygon surges, FTX reimburses phishing victims, and Doodles CEO discusses NFTs: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Doodles CEO Julian Holguin discusses the company's funding round led by Seven Seven Six, the venture capital firm founded by Alexis Ohanian, and the future of NFTs.

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