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☆ Russia, China and Cuba amplified falsehoods about recent hurricanes, U.S. official says
▼ + stars: | 2024-10-28 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +2 min

A post on Oct. 9 falsely claimed the U.S. federal government was denying disaster relief funds to Americans. Influencers linked to China have also seized on divisive material about Hurricanes Helene and Milton, claiming without evidence on social media that “U.S. spending on foreign conflicts had undermined support for disaster victims,” the U.S. official said. The revelations from the U.S. official follow recently released research from the London-based Institute for Strategic Dialogue, which tracks disinformation and online extremism. Local, state and federal officials have struggled to counter a wave of disinformation about the hurricanes and their aftermath, including baseless conspiracy theories about weather modification and false claims about disaster relief efforts.

Persons: ”, Milton, Kamala Harris, Hurricane Milton, Eva Marie Uzcategui Organizations: Cuban, U.S, Disney, Hurricanes, The Washington, Getty, U.S ., Strategic, Ukraine, Local Locations: United States, Florida, China, Ukraine, Israel, Taiwan, Sarasota , Fla, Cuba, Moscow, Beijing, London, Russian

Brown University suspended its chapter of Students for Justice in Palestine after the group led a rally protesting the university's decision not to divest its endowment from certain companies that support Israel. Chapter members were told of the suspension on Oct. 24, the group said, nearly a week after their Oct. 18 protest. Brown Divest Coalition first led a series of protests in April calling for the university’s governing board to divest. While university officials did review a student proposal outlining why the board should divest from 10 companies, it ultimately decided not to do so. The university’s governing body voted against the proposal on Oct. 8, with students organizing a protest in response on Oct. 18.

Persons: Lane Turner, Gazans, ”, Brown, “, ” Brown Organizations: Brown University, Justice, Israel, Haffenreffer Museum, Anthropology, Boston Globe, Getty, Brown, Zionist, Coalition, Temple University, Tufts University, Rutgers University, American University, University of Vermont . Harvard University Locations: Palestine, Providence, R.I, ”

His loved ones, who witnessed his drug and alcohol abuse for years, were heartbroken by what his mother later described as an unavoidable outcome. His mother spoke about processing her grief and teared up when talking about how powerless one can feel against a loved one’s struggles with addiction. In the months leading up to his death, Perry appeared to have turned a corner with his addiction, relatives said. Now, loved ones switch tenses from past to present to past again as they remember the complicated man who brought them so much joy. It’s a familiar story for the millions of people whose loved ones have addiction disorders and is a guiding principle for the foundation, the family said.

Persons: It’s, Matthew Perry, pickleball, ” Suzanne Perry, “ You’ve, ”, Perry, Chandler Bing, Gen Xers, Keith Morrison, David M, “, ” Keith Morrison, Caitlin Morrison, ” Emily Morrison, ” Caitlin Morrison, Suzanne Perry, ” Suzanne, Caitlin Morrison’s Organizations: NBC, Dateline, Los, Federal, Matthew Perry Foundation Locations: Los Angeles, Savannah Guthrie, Los Angeles County, London

☆ 911 call about hiker chased by bear leads to body; officials say it was staged, caller wanted for murder
▼ + stars: | 2024-10-28 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A man who called police claiming he fell off a cliff while running from a bear — leading officials to discover a dead body — is now wanted for murder, Tennessee officials say. He told dispatch he had fallen off a cliff while running from a bear, and was left injured and partially in water, the sheriff's office said. Monroe County Sheriff’s Office“Mr. An arrest warrant has been issued for Hamlett for first-degree murder out of Monroe County, Tennessee. Officials warn Hamlett is considered armed and dangerous, known to use various aliases, and anyone who sees him is asked to call 911 or Monroe County Dispatch.

Persons: Brandon Andrade, Charles Hall, Brandon Kristopher Andrade, Andrade, Nicholas Wayne Hamlett, Hamlett, Nicholas Wayne Hamlet Organizations: Sheriff's, Charles Hall Bridge, Authorities, ”, Tennessee Bureau, Investigation, FBI, Dispatch Locations: Tennessee, Monroe, Tellico Plains, Alabama, Monroe County, Knox County , TN, Monroe County , Tennessee

☆ Trump refers to CNN’s Anderson Cooper by a woman’s first name
▼ + stars: | 2024-10-28 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

“If you watched her being interviewed by Allison Cooper the other night, he’s a nice person. You know Allison Cooper? Oh, no.”CNN journalist Anderson Cooper in New York City on Dec. 10, 2023. “Even Allison Cooper was embarrassed by it. He was embarrassed by it.”In referring to Cooper with a woman’s name, Trump appeared to turn to a stereotype heterosexual people have long deployed against gay men.

Persons: Donald Trump, Anderson Cooper, “ Allison Cooper, ” Trump, Cooper, Kamala Harris, Allison Cooper, Anderson, Mike Coppola, Trump, “, Joe Rogan, Arnold Palmer’s Organizations: CNN, Republican, Saturday, Trump Locations: NOVI, Mich, —, U.S, Traverse City , Michigan, New York City, Michigan, Pennsylvania

☆ Gaza girl, 6, who carried sister in viral video speaks to NBC News
▼ + stars: | 2024-10-28 | by ( Freddie Clayton | Freddie Clayton Is A Freelance Journalist Based In London. | ) www.nbcnews.com time to read: +4 min

Video of Qamar carrying her injured sister to a hospital and back in central Gaza was shared widely across social media recently. With Sumaya in need of treatment and unable to walk, Qamar slung her younger sister over her shoulders and carried her to the hospital. Qamar, 6, carries her injured sister Sumaya, 5, in Gaza on Oct. 21. But most of all, she said, she wants to see her father again, after the family lost contact with him after fleeing from northern Gaza. But she expressed pride in her daughter, "who took her sister, who carried her, healed her and brought her back," she said.

Persons: Qamar Subuh, Qamar, Sumaya Subuh, Sumaya, Alaa Hamouda, Al, Hanan, Volker Türk, Muhammad Al Organizations: NBC News, United Nations, Civil Defense, NBC, Israel Locations: Gaza, Al Bureij, Palestinian, Beit Lahia

☆ Police arrest man charged with threatening and shooting neighbor in the neck after standoff
▼ + stars: | 2024-10-28 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

John Herbert Sawchak, 54, was arrested in connection with allegedly shooting his neighbor, Davis Moturi, 34, in the neck on Oct. 23. The arrest came as police admitted they had failed Moturi by failing to prevent Sawchack's ongoing harassment, following a number of complaints. “But I will say this, we had no reason to suspect that he would shoot the neighbor from inside the house,” O’Hara added. O'Hara said that the shooting was caused by Moturi cutting a tree that had been planted by the suspect and his mother. He was charged last week in Hennepin County with attempted murder, first-degree assault and felony harassment and stalking, enhanced for racial bias in connection with the Moturi shooting.

Persons: John Herbert Sawchak, Davis Moturi, Sawchak, Brian O’Hara, ” O’Hara, O'Hara, Moturi, O’Hara, “, —, ”, Jacob Frey, Frey Organizations: Minneapolis Police, Minneapolis City, Members, Moturi Locations: Minneapolis, Hennepin County, O’Hara

As Election Day approaches, former President Donald Trump has increasingly been warning that if he loses, it will be because of cheating. That’s all they want to do is cheat,” Trump said of Democrats during a rally this month in Juneau, Wisconsin. “They’re actually using it to cheat,” Trump said on the Los Angeles radio station KFI AM 640 on Oct. 8. “They have early voting, late voting, everything is so ridiculous,” Trump said onstage in Palm Beach, Florida, in July. And that’s what we’re striving for.”But Trump has also spoken favorably of early voting, usually in more choreographed settings.

Persons: Donald Trump, “ They’re, ” Trump, “, We’re, Michael Whatley, they’re, Trump, we’re, we’ll, “ We’re, ” Harris, ”, I’d, it’s, Sid Rosenberg, Marc Elias, Joe Biden —, Jesus, Phil McGraw, Trump’s, Sen, JD Vance, Elon Musk, ” Musk, Vance, ” Vance, Michael, Whatley, Hurricane Helene, Harris Organizations: Republican National, Democratic, NBC, Trump, NBC News, United States Capitol, Milwaukee Journal Sentinel, Los, KFI, “, RNC, Biden, Republican Locations: Juneau , Wisconsin, Greenville , North Carolina, Prairie du Chien , Wisconsin, ”, Los Angeles, California, Ohio, Butler , Pennsylvania, Swannanoa , North Carolina, Palm Beach , Florida, Florida, North Carolina

Halloween revelers in Shanghai on Sunday. Video shared on social media and geolocated by NBC News shows dozens of police officers crossing a road near Zhongshan Park where Halloween revelers gathered in recent days. My 6-year-old was wearing a hat with a pirate emblem, and they even asked him to take it off,” read one comment Sunday from a Shanghai resident on Chinese social media platform Weibo. There was no official announcement of an outright ban or clear restrictions on Halloween activities from Shanghai officials, but local businesses reported receiving notices. Halloween-related activities appeared to go ahead as planned at Shanghai Disneyland and another theme park, Happy Valley.

Persons: “, ” Organizations: HONG KONG — Police, Publishing, Getty, Shanghai, NBC News, Police, Shanghai Information, Reuters Locations: HONG KONG, Shanghai, China, Zhongshan Park, Weibo, Jing, Zhongshan

☆ The U.S. Navy apologized 142 years after shelling and burning an Alaska Native village to oblivion
▼ + stars: | 2024-10-28 | 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: +6 min

ANCHORAGE, Alaska — Shells fell on the Alaska Native village as winter approached, and then sailors landed and burned what was left of homes, food caches and canoes. It was Oct. 26, 1882, in Angoon, a Tlingit village of about 420 people in the southeastern Alaska panhandle. Now, 142 years later, the perpetrator of the bombardment — the U.S. Navy —has apologized. The residents are vastly outnumbered by brown bears, and the village in recent years has strived to foster its ecotourism industry. Merriman, the top U.S. official in Alaska, saying a Tlingit uprising threatened the lives and property of white residents.

Persons: U.S . Navy —, Mark Sucato, ”, “, Angoon, Nobu Koch, Daniel Johnson Jr, Julianne Leinenveber, Klane, Shgen George, E.C . Merriman, Johnson, Merriman, ” Johnson, Billy Jones, Tith Klane’s, ” Jones, Rosita Worl, Leinenveber, Eunice James, Tith Klane, we’ve Organizations: U.S . Navy, Navy, Department of Interior, Alaska Natives, U.S ., Army, Wrangell, Admiralty, North West Trading Co, Naval, U.S, Sealaska Heritage Institute Locations: ANCHORAGE, Alaska, Angoon, Angoon , Alaska, Russia, Kake, Juneau

The base GOP voters Trump is most focused on aren’t necessarily the same voters who are key to the coalition Snyder is trying to build. Gretchen Whitmer, and two-seat majorities in both the state House and the state Senate (Democrats also hold a majority on the state Supreme Court). “The only advantage they have is old notions,” Whitmer said last week at her own event to support state House candidates in Oakland County. All the districts he’s targeting “can swing either way,” Snyder said. Rick Snyder is openly trying to get MAGA extremists elected to the state House,” Kubitschek said.

Persons: Rick Snyder, ” Snyder, “, Donald Trump, There’s, Snyder, Kamala Harris, Fred Upton, Trump, Peter Meijer, ”, Tommy Brann, ” Paul Hudson, Hillary Scholten, Meijer, “ I’ve, ” Hudson, Mike Rogers, ’ “, Gretchen Whitmer, Whitmer, —, ” Whitmer, Geoff Robins, Joe Biden, I’ve, ‘, ’ ” Snyder, Ron Robinson, Tom Kuhn, Tommy Kubitschek, Snyder’s, It’s, MAGA, ” Kubitschek, Jennifer Conlin, Ann Organizations: Michigan Gov, GOP, Republicans, Trump, Republican, NBC News, White, Michigan’s Republican U.S, Senate, Democratic, Michigan, Getty, Pepsi, Michigan ”, Council, Brann, Affordable, Democrats, Michigan Democratic Party, ”, Republican Party Locations: WYOMING, Mich, —, Michigan, There’s, Grand, Detroit, Battle, Traverse City, Grand Rapids, ”, Lansing, Oakland County, Flint, AFP, Utica, Troy, Ann Arbor

☆ Woman found alive after surviving snake bite and two weeks in the wilderness
▼ + stars: | 2024-10-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +1 min

Police said a woman who was found in a remote Australian mountain range after going missing for almost two weeks was "dazed and unwell" but alive after suffering a snake bite in remote wilderness. She was last seen driving a hire car in the national park on Oct. 15. "We held grave concerns for the missing woman and [are] very glad she’s been found safe and reasonably well." The Snowy Mountains in Kosciuszko National Park in Jindabyne, Australia. Police said Sjoberg was was treated by paramedics at the scene for exposure and "what is believed to be a snake bite," before being taken to Cooma District Hospital in a stable condition.

Persons: Kiki, Sjoberg, Toby Lindsay, Martin Ollman, Lindsay Organizations: New South Wales Police, Monaro Police, Australian Broadcasting Corporation, Police, Australian Museum Locations: New, Kosciuszko, Jindabyne, Australia, Cooma, Sydney

British chef Jamie Oliver is on the case of the stolen cheddar. But there are only a small number of real British cheddar makers, Oliver said. The cheeses were from three makers: Hafod Welsh organic cheddar, Westcombe cheddar, and Pitchfork cheddar. Neal’s Yard Dairy, a distributor, wholesaler, and retailer of British artisanal cheese, has asked international cheesemongers to be on the lookout for the stolen cheese, particularly in 10-kilogram (22-pound) and 24-kilogram (52-pound) blocks. “If anyone hears anything about posh cheese going for cheap, it’s probably some wrong’uns,” Oliver said.

Persons: Jamie Oliver, ”, ” Oliver, Oliver Organizations: Neal’s, Pitchfork Locations: Oliver, gouda, England, cheddar

The military seized power from the elected government of Aung San Suu Kyi in February 2021, giving rise to intensified fighting with long-established armed groups associated with Myanmar’s ethnic minority groups, and prompting the formation of new pro-democracy militias. Two weeks later the Arakan Army launched attacks in its home western state of Rakhine, and since then other militia groups and PDFs have joined in around the country. But at the same time, resistance groups are closing in on Mandalay, Myanmar’s second-largest city in the center of the country. The Tatmadaw has been accused of deliberately targeting civilians in retribution for perceived support for the resistance militias, something it denies. Should the Tatmadaw fall, that could lead to the fragmentation of Myanmar unless the groups work hard to resolve political and territorial differences.

Persons: Aung, Suu Kyi, Alliance —, ”, Connor Macdonald Organizations: Myanmar National Democratic Alliance Army, Arakan Army, National Liberation Army, Alliance, Council, United Nations ’ Office, Human Rights, Army, Institute for Strategy Locations: BANGKOK, Myanmar, Russia, China, Suu, Shan, Rakhine, Kayah, Naypyidaw, Yangon, Mandalay, Myanmar’s, Chin, Paletwa, Syria, Beijing

☆ Meet OpenAI’s first chief economist—3 things you may not know about him
▼ + stars: | 2024-10-28 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

[alt heds: OpenAI has hired its first chief economist – 3 things to know about him3 things you may not know about OpenAI's new chief economist]While no one knows exactly how artificial intelligence will reshape society, OpenAI plans to analyze the technology's potential economic impact. On Oct. 22, OpenAI named Dr. Aaron "Ronnie" Chatterji as its first chief economist. In this role, he will oversee research on a range of AI-related topics, including how AI innovations may impact the global economy and how the workforce can utilize AI tools both now and in the future, according to OpenAI's press release. While this move marks a first for OpenAI, it won't be Chatterji's first high-profile role. Here are three things you may not know about OpenAI's new chief economist.

Persons: OpenAI, –, Aaron, Ronnie, Chatterji, Larry Summers Organizations: U.S . Treasury

☆ Oil slips more than 4% after Iran downplays Israeli strikes
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: +2 min

A pump jack operates in an oil field in Midland, Texas U.S. August 22, 2018. Oil prices tumbled more than $3 a barrel on Monday after Israel's retaliatory strike on Iran over the weekend bypassed Tehran's oil and nuclear facilities and did not disrupt energy supplies, easing geopolitical tensions in the Middle East. Both Brent and U.S. West Texas Intermediate crude futures hit their lowest levels since Oct. 1 at the open. The geopolitical risk premium that had built in oil prices in anticipation of Israel's retaliatory attack came off, analysts said. In October, the Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, kept their oil output policy unchanged including a plan to start raising output from December.

Persons: Brent, WTI, Saul Kavonic, Tim Evans Organizations: Midland , Texas U.S, U.S . West Texas, Evans Energy, Organization of, Petroleum Locations: Midland , Texas, Iran, U.S, Tehran, OPEC

☆ CNBC Daily Open: Nasdaq hits high even as poor earnings growth disappoints investors
▼ + stars: | 2024-10-28 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Brendan McDermid | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineThe Nasdaq Composite managed to log a seventh consecutive winning week. Investors also looked ahead to Big Tech earnings coming out this week: shares of Meta , Amazon and Microsoft added as much as 1%. Even though almost three-quarters of S&P companies have beaten expectations, according to FactSet data, the rate of profit growth has not met expectations, disappointing investors.

Persons: Brendan McDermid, CNBC's Pia Singh, James Quincey, — CNBC's Brian Evans, Pia Singh, Alex Harring Organizations: New York Stock Exchange, Reuters, CNBC, Nasdaq, Dow Jones, Investors, Big Tech, Meta, Microsoft, Dow

☆ Opinion | The Presidential Endorsements That Weren’t
▼ + stars: | 2024-10-28 | by ( ) www.nytimes.com time to read: +1 min

What can account for this shocking abdication from editorial responsibility on the eve of what may well be the most consequential election in our nation’s history? As Mr. Snyder has astutely observed: “Most of the power of authoritarianism is freely given. In times like these, individuals think ahead about what a more repressive government will want, and then offer themselves without being asked.”How sad! Adam HorvathEugene, Ore.To the Editor:Except for its timing so close to the election, the decision by The Washington Post to stop endorsing presidential candidates is commendable. In the current hyperpartisan and hyperpolarized political environment, the practice of newspapers endorsing political candidates has become counterproductive.

Persons: ”, Timothy Snyder, Donald Trump, Snyder, Adam Horvath Eugene Organizations: Washington Post, Los Angeles Times, Yale

☆ Apple releases Apple Intelligence. Here's how to get it on your iPhone
▼ + stars: | 2024-10-28 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Manuel Orbegozo | ReutersApple on Monday released iOS 18.1, an update that includes the company's artificial intelligence, called Apple Intelligence, for the iPhone 16 and iPhone 15 Pro. "Given the staggered launch of Apple Intelligence, we expect iPhone demand to pick up post initial release of Apple Intelligence in late Oct," Bank of America Securities analyst Wamsi Mohan wrote in an Oct. 25 note. Opt inYou need an iPhone 15 Pro, iPhone 15 Pro Max or any iPhone 16 model to install and use Apple Intelligence. You also need to turn it on by asking for access to Apple Intelligence in the Settings app. Zoom In Icon Arrows pointing outwards Apple Intelligence can summarize important emails inside the Mail app.

Persons: Tim Cook, Steve Jobs, Manuel Orbegozo, Siri, Wamsi Mohan Organizations: Apple, Steve, Reuters Apple, Apple Intelligence, Nvidia, Apple Inc, iOS, " Bank of America Securities Locations: Cupertino , California

☆ The stock market’s best six-month period starts this week, especially for small caps
▼ + stars: | 2024-10-28 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

The S & P 500 typically advances about 7% from November to April, compared to the index's average 2% rise from May to October, according to CFRA Research chief investment strategist Sam Stovall. This year's market strength follows a standout 20% gain for the S & P 500 in 2023's "best six months" period, he noted. "This double-dose of double-digit returns has caused investors to wonder if the market has used up its energy reserves and may be headed for tough times," Stovall wrote. .SPX YTD mountain The S & P 500 has advanced more than 22% in 2024. Stocks were bhigher on both Friday and Monday , with the S & P 500 trading within a hair's breath of this month's all-time high of 5864.67.

Persons: Sam Stovall, Russell, Stocks, Stovall Organizations: Stock Traders, Research, Investors Locations: U.S

Israel’s Knesset opened its winter session on Monday against a backdrop of war in Gaza and Lebanon and after an Israeli strike on Iran on Saturday. UNRWAThe Knesset was set to debate on Monday bills that would make it illegal for Israeli officials to cooperate with UNRWA, the main U.N. agency that aids Palestinians. The bills would effectively shut down the agency’s work in Gaza, the West Bank and East Jerusalem within 90 days. According to the Jerusalem Post, the first bill states that UNRWA could no longer operate in Israel, while the second would abrogate the treaty that underpins the relationship between UNRWA and Israel. The Knesset has already voted in favor of advancing the bill and it is being prepared for a second and third reading.

Persons: Benjamin Netanyahu’s, Netanyahu’s, Netanyahu, Yoav Gallant, Gallant, Yuli Edelstein, Kan, Mr, Edelstein, Israel’s, Matthew Miller, UNWRA, Adalah Organizations: Likud, Division, Lawmakers, UNRWA, West Bank, United Nations, Department, Police Locations: Gaza, Lebanon, Iran, Israel, East Jerusalem, Jerusalem, Canada, France, Germany, Australia, United Kingdom, United States

☆ The US Navy is apologizing 142 years after shelling and burning an Alaska Native village to oblivion
▼ + stars: | 2024-10-28 | by ( Associated Press | ) edition.cnn.com time to read: +6 min

Anchorage, Alaska AP —Shells fell on the Alaska Native village as winter approached, and then sailors landed and burned what was left of homes, food caches and canoes. It was Oct. 26, 1882, in Angoon, a Tlingit village of about 420 people in the southeastern Alaska panhandle. Now, 142 years later, the perpetrator of the bombardment — the US Navy — has apologized. US Navy Rear Adm. Mark B. Sucato speaks during a Navy ceremony Saturday, October 26, 2024, in Angoon, Alaska, to apologize for the 1882 military bombing on a Tlingit village in Angoon. Merriman, the top US official in Alaska, saying a Tlingit uprising threatened the lives and property of white residents.

Persons: US Navy —, Mark Sucato, ”, “, Angoon, Daniel Johnson Jr, Julianne Leinenveber, Klane, Mark B, Sucato, Nobu Koch, E.C . Merriman, Johnson, Merriman, ” Johnson, Billy Jones, Tith Klane’s, ” Jones, Rosita Worl, Leinenveber, Eunice James, Tith Klane, we’ve Organizations: US Navy, Navy, Department of Interior, Alaska Natives, US, Army, Wrangell, Admiralty, North West Trading Co, Sealaska Heritage Institute Locations: Anchorage, Alaska, Angoon, Russia, Kake, Angoon , Alaska, Juneau

☆ Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
▼ + stars: | 2024-10-28 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia's capital Riyadh to attend the Future Investment Initiative (FII) forum. The kingdom's $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% to 2.87 trillion Saudi riyals ($765.2 billion) in 2023 — and local investment was a major driver. "Value meaning hiring, developing the asset management ecosystem, creating new products, bringing in talent, and investing in Saudi capital markets also. Oil prices and the Saudi economy appear to so far have stayed largely unscathed, dropping 4% early Monday after Israel's weekend strike on Iran. A key reason for that may be the rapprochement deal the kingdom signed with Iran, brokered by China, in March 2023.watch now

Persons: Nureldine, it's, Omar Yacoub, Yacoub, Fadi Arbid, Brent, Arbid, Yemen's, Israel Organizations: King Abdulaziz Conference Centre, Future Investment Initiative, Afp, Getty, Investment Initiative, CNBC, U.S, ABS Global, Public Investment Fund, Saudi, Saudi Arabia's, Amwal Capital Partners, OPEC, Eastern, Ritz, Carlton, Israel Locations: Saudi Arabia's, Riyadh, Saudi, Saudi Arabia, —, Dubai, Carlton Riyadh, Gaza, Israel, Lebanon, Iran, Tel Aviv, China

☆ Oracle applies to join Epic and others in new federal medical record network
▼ + stars: | 2024-10-28 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Oracle on Monday announced it intends to join a new federally-backed medical network that will make it easier for clinics, hospitals and insurance companies to share patients' data. Oracle, which acquired the medical records giant Cerner for $28 billion in 2022, is the latest major vendor to support TEFCA, joining its chief rival Epic Systems. Oracle needs to be approved to join TEFCA, but its interest in doing so helps to bolster the nascent network's credibility. "This is just a natural next step," Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences, told CNBC in an interview. The main groups that participate in health-data exchanges through TEFCA are called qualified health information networks, or QHINs.

Persons: Larry Ellison, TEFCA, Seema Verma, Ken Glueck, Judy Faulkner, – Organizations: Oracle Corp, Oracle, Monday, Epic Systems, TEFCA, Oracle Health, Life Sciences, CNBC Locations: San Francisco , California, U.S, TEFCA

☆ How to position fixed-income portfolios for a Trump or Harris win, according to RBC
▼ + stars: | 2024-10-28 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Income investors have a lot riding on the outcome of next week's presidential election, according to RBC Global Asset Management. Positioning if Harris wins A win by Harris would be constructive for fixed-income, Skiba said. With money markets close to multi-year highs, there is a lot of money that investors can put to work, he noted. There is $6.51 trillion sitting in money market funds as of the week ended Oct. 23, according to the Investment Company Institute . "There actually might be a window of opportunity for fixed-income investors to reposition their portfolios without too much pain incurred in the process," Skiba said.

Persons: Andrzej Skiba, Donald Trump, Trump, Kamala Harris, Skiba, Harris Organizations: RBC Global Asset Management, Federal, Trump, Investors, Investment Company Institute Locations: U.S

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