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☆ CNH launches $1 bln buyback, NYSE single listing plan effective from Jan 2
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

MILAN, Nov 7 (Reuters) - Farm and construction equipment maker CNH Industrial (CNHI.MI) said on Tuesday its plan to abandon the Milan stock market and retain a single listing for its shares on the New York Stock Exchange would be effective from Jan. 2 next year. The Italian-American group, whose shares are currently traded both on the NYSE and in Milan, earlier this year announced a plan to abandon its Italian listing. CNH said in a statement on Tuesday that the Milan Stock Exchange had approved an application it filed to delist its ordinary shares from Milan bourse and had set the Jan. 2 date for when a NYSE single listing will be effective. As part of its New York single-listing plan, CNH announced a new share buyback program worth up to $1 billion. Since it spun-off its truck and bus unit in January 2022, now separately listed as Iveco Group (IVG.MI), the majority of CNH stock trading has progressively shifted to NYSE, the company said.

Persons: CNH, Goldman Sachs, Giulio Piovaccari, Alvise Armellini, Keith Weir Organizations: MILAN, CNH, New York Stock Exchange, NYSE, Milan Stock Exchange, Milan bourse, Euronext Milan, Iveco Group, Milan, BNP, Thomson Locations: Milan, American, South America, York, Europe

☆ CNH launches $1 bln buyback to support NYSE single listing plan
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

MILAN, Nov 7 (Reuters) - Farm and construction equipment maker CNH Industrial (CNHI.MI) said on Tuesday it had approved a new share buyback program worth up to $1 billion as part of its plan to pursue single-listing in New York. The Italian-American group, whose shares are currently traded both at the NYSE and in Milan, earlier this year announced a plan to abandon its Italian listing. It is confident that single listing on NYSE would be effective at the beginning of January next year, it added. The new buyback program will run between Nov. 8 and March 1 and will be funded through the company's liquidity. Goldman Sachs is acting as financial advisor to CNH, while BNP Paribas is acting as co-advisor and buyback agent for the group in Europe.

Persons: CNH, Goldman Sachs, Giulio Piovaccari, Alvise Organizations: MILAN, CNH, NYSE, Euronext Milan, Milan bourse, Iveco Group, Milan, BNP, Thomson Locations: New York, American, Milan, Europe

☆ Who qualified for the third 2024 Republican presidential debate?
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +3 min

Nov 6 (Reuters) - Five Republican candidates will take part in the third 2024 Republican presidential debate on Wednesday in Florida. Here are the candidates who are due to be on stage for the debate, which begins at 8 p.m. Haley has gained a reputation in the Republican Party as a solid conservative who has the ability to address issues of gender and race in a more credible fashion than many of her peers. Scott, 58, attracted 2% support among Republicans, according to Reuters/Ipsos polling conducted from Sept. 8 through Sept. 14. Christie has received about 2% support among Republicans in a Reuters/Ipsos conducted from Sept. 8 through Sept. 14.

Persons: Donald Trump, Adrienne Arsht, RON DESANTIS, DeSantis, VIVEK RAMASWAMY, Ramaswamy, Trump, NIKKI HALEY, Haley, TIM SCOTT, Scott's, Scott, CHRIS CHRISTIE Christie, Trump's, Christie, Ipsos, Costas Pitas, Jamie Freed Organizations: Republican, Adrienne, Adrienne Arsht Center, Performing Arts of Miami, NBC News, Twitter, Trump, White, United Nations, Biden, Republican Party, TIM, Black Republican U.S, Reuters, New, Republicans, Thomson Locations: Florida, Dade County, Iowa, South Carolina, New Jersey

☆ The US is quietly arming Taiwan against a Chinese invasion — but it could backfire
▼ + stars: | 2023-11-07 | by ( Tom Porter | ) www.businessinsider.com time to read: +8 min

AdvertisementAdvertisementIn late August, the US approved an $80 million military grant to arm Taiwan against a potential Chinese invasion. It's part of a plan to wrong-step China's leaders and make them uncertain about how exactly the US would respond to Chinese attacks on Taiwan. "Those military packages are the Biden administration's efforts to build Taiwan's defense capabilities at a faster pace to match PLA [Chinese military] modernization efforts," said Kuo. Provoking ChinaSince the 1970s, the US has had a delicate diplomatic relationship with China, acknowledging the "One China" policy under which China claims ownership of Taiwan, yet also backing Taiwanese autonomy. "That could easily provoke exactly the Chinese attack on Taiwan that US policy aims to deter," he wrote.

Persons: Xi, —, Biden, Xi Jinping, HECTOR RETAMAL, Joe Biden, Graeme Thomson, Naiyu Kuo, Kuo, Thompson, Hugh White, Beijing's, Kavanagh Organizations: Taiwan, Service, Bloomberg, BBC, Communists, CNN, Getty Images, White, Eurasia Group, PLA, China, Strategic Studies, Australian National University, US Locations: China, Taiwan, Taiwan's, Taiwan Strait, China's, Fujian province, AFP, Washington ,, Beijing, Washington

☆ FACTBOX Who qualified for the third 2024 Republican presidential debate?
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +3 min

Nov 6 (Reuters) - At least five Republican candidates will take part in the third 2024 Republican presidential debate on Wednesday in Florida. Here are the candidates expected to be on stage for the debate, which begins at 8 p.m. Haley has gained a reputation in the Republican Party as a solid conservative who has the ability to address issues of gender and race in a more credible fashion than many of her peers. Scott, 58, attracted 2% support among Republicans, according to Reuters/Ipsos polling conducted from Sept. 8 through Sept. 14. Christie has received about 2% support among Republicans in a Reuters/Ipsos conducted from Sept. 8 through Sept. 14.

Persons: Donald Trump, Adrienne Arsht, RON DESANTIS, DeSantis, VIVEK RAMASWAMY, Ramaswamy, Trump, NIKKI HALEY, Haley, TIM SCOTT, Scott's, Scott, CHRIS CHRISTIE Christie, Trump's, Christie, Ipsos, Chris Christie's, Costas Pitas, Jamie Freed Organizations: Republican, Adrienne, Adrienne Arsht Center, Performing Arts of Miami, NBC News, Twitter, Trump, White, United Nations, Biden, Republican Party, TIM, Black Republican U.S, Reuters, New, Republicans, Thomson Locations: Florida, Dade County, Iowa, South Carolina, New Jersey

☆ Morning Bid: Rate cut prospects fuel stock rally
▼ + stars: | 2023-11-06 | by ( Wayne Cole | ) www.reuters.com time to read: +3 min

Nov 6 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. It's been an upbeat start to the week in Asia as markets cast aside concerns about rate hikes, and go straight to pricing in early cuts. Futures imply an 80% probability the ECB will begin easing as soon as April, and the first BoE rate cut is almost fully priced for August. An outlier here is the Reserve Bank of Australia (RBA) which might well resume hiking on Tuesday after four months of steady policy outcomes. But expectations were already so low that it's the dollar that has all the downside in the disappointment stakes.

Persons: Wayne Cole, It's, BoE, Ueda, Jerome Powell, Christine Lagarde, Huw Pill, Lisa Cook, Sam Holmes Organizations: Federal, ECB, Bank of Japan, Reserve Bank of Australia, Atlanta, EU, Bank of England, Federal Reserve, Thomson Locations: Wayne, Asia, South Korea, Europe

Most Americans still have to commute every day. Jenn Ackerman for The New York TimesLike a majority of Americans, Ms. Hargreaves was unable to do her work at home. Source: American Community Survey Note: Average commute length for 2020 is not included. The average commute distance changed much less, an indication that commuters are driving faster — but also, more people are driving. “A lot of our choice riders, we're still working to influence them to re-choose transit,” Ms. Tucker said.

Persons: Torie Hargreaves, Jenn Ackerman, Hargreaves, Ms, That’s, Andrea Villanueva, Villanueva, The New York Times “, ” Christopher Wiese, Dr, Wiese, “ There’s, ”, Patricia Mokhtarian, John Goodwin, Rosalind Tucker, we're, Tucker, Aimee Lee, Lee Organizations: Atlanta Washington San, Mo . Chicago Minneapolis New, Mo . Chicago Minneapolis New York City Los Angeles Philadelphia Columbus Denver, The New York Times, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York City Philadelphia San, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York City Philadelphia San Francisco Seattle Washington Midnight, Georgia Institute of Technology, Census, New York City –, Philadelphia –, Angeles –, Francisco –, Boston –, Seattle –, Chicago –, Denver –, Kansas City –, Miami –, Houston –, Minneapolis –, Washington –, Austin –, Dallas –, Atlanta –, Charlotte –, Columbus –, Nashville –, Detroit –, BART, area’s Metropolitan Transportation Commission, Labor Department, Atlanta Regional Commission, Lifeline, Chicago Metropolitan Agency for Planning, Regional Transit Authority, % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % Locations: Atlanta Washington San Francisco Boston Kansas City, Mo . Chicago Minneapolis, Mo . Chicago Minneapolis New York, Minneapolis, postpandemic, Atlanta, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York City, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York City Philadelphia San Francisco Seattle, South Minneapolis, North Minneapolis, Boston, Chicago , Kansas City, San Francisco, Washington, New York, Francisco, area’s

☆ It shouldn't matter if people work multiple jobs. The former VP of HR at Microsoft shares how to react to double dippers — 'get over it.'
▼ + stars: | 2023-11-06 | by ( Chris Williams | ) www.businessinsider.com time to read: +9 min

Working multiple jobs is commonYou know who also works two jobs? It even sprouted an online community at Overemployed.com of how-to articles and people sharing tips on how to work multiple jobs remotely. An employee working for a competitor — or even worse, leveraging confidential information — is a problem. AdvertisementAdvertisementRather it should be, "Can you teach everyone how you're doing that?" You have an employee doing good work and getting fairly compensated for that work.

Persons: Chris Williams, —, I've, Uber, You've, it's, they're Organizations: Microsoft, Service, Employees, Silicon, . Locations: Overemployed.com

☆ High bond yields challenge “Pax Americana”
▼ + stars: | 2023-11-06 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

There are also many reasons why “Pax Americana” – the period of U.S. dominance since World War Two - is under stress. The combination of high bond yields with a large fiscal deficit and rising sovereign debt is making it harder for politicians to govern the country. If anything, they may have a tougher job to make their fiscal maths add up than the United States because their growth prospects are not as rosy. What’s more, the near-record yield gap with the United States is bringing its own headaches by putting downward pressure on the yuan. These are consolations for the United States as it grapples with the geopolitical consequences of high interest rates.

Persons: Joe Biden, Kevin Lamarque, Joe Biden’s, doesn’t, Liz Truss, haven’t, Paul Tucker, “, Fitch, Peter Thal Larsen, Thomas Shum Organizations: Air Force, Joint Base Andrews, REUTERS, Reuters, Federal Reserve, International Monetary Fund, Bank of England, AAA, AA, United, Bank for International, Initiative, Thomson Locations: Lewiston , Maine, Joint Base Andrews , Maryland, U.S, Israel, Ukraine, China, United States, Europe, Asia, Russia, Britain, Washington, Republic

☆ White Christian evangelicals: What it would take for them to leave the bubble
▼ + stars: | 2023-11-05 | by ( Manav Tanneeru | John Blake | ) edition.cnn.com time to read: +11 min

CNN —If you don’t realize how powerful White Christian evangelicals have become, consider this:A White Christian evangelical, who has been described as “the embodiment of White Christian nationalism in a tailored suit,” is now second in line to the presidency. White evangelical Protestants make up only about 14% of Americans, and that number has been steadily shrinking. The media tends to depict White evangelicals as foaming-at-the-mouth Christian insurrectionists like some of those who stormed the US Capitol on January 6, 2021. The new speaker of the house is a White Christian evangelical and is second in the line for the presidency. Chip Somodevilla/Getty ImagesYou seem leery of using the term ‘White Christian nationalism.’ Am I correct?

Persons: Mike Johnson, Roe, Wade, Trump, Jon Ward, Ward, George W, Bush, Barack Obama, Donald Trump, “, ”, ” Ward, White, Ward’s, there’s, Johnson, Chip Somodevilla, ’, I’m, it’s, George Brich, You’ve, ‘, It’s, Joe Raedle, Nikki Haley, Haley, that’s, we’ve Organizations: CNN, Capitol, Yahoo, Air Force, Trump, ” CNN, White Christian, Jesus, South, Democrat, Republican Locations: White, America, Los Angeles, Miami , Florida, South Carolina, Trump, evangelicalism

Garrett kept a low profile for the next four years until he announced last November that he would run for the Virginia House of Delegates. Garrett, who denies the accusations, is among four candidates for state legislative seats in Virginia this year who have been accused of physical violence against women — two during divorce proceedings, one in a pending criminal case and one in criminal cases decades ago that ended with charges being dismissed. Political Cartoons View All 1233 Images“Domestic and sexual violence is not blue, and it's not red," she said. Chuck Felmlee, Fariss' attorney, said that Fariss did not intend to hit the woman but that she bumped into the SUV and fell down. The House Republican caucus is supporting GOP nominee Eric Zehr in the deep red district.

Persons: Tom Garrett, Garrett, Flanna Sheridan Garrett, —, Lisa Sales, “, Stephen Farnsworth, University of Mary Washington, Trump, Farnsworth, Clinton Jenkins, Emily Brewer, Jenkins, Brewer, “ Emily Brewer's, ”, Republican Del, Matt Fariss, Fariss, Chuck Felmlee, Felmlee, he’s, Eric Zehr, Sen, Joe Morrissey, Morrissey, Challenger Lashrecse Aird, ” Jason Seiden, Flanna, Tom Garrett’s, ” Garrett, Christopher Smith Organizations: — Republican U.S . Rep, Virginia, Senate, National Organization for Women, Democrats, Republicans, University of Mary, GOP, Republican, Democratic, News, Politico Locations: RICHMOND, Va, Virginia, Tuesday's, Hampton Roads, Southside Virginia, ”, Lynchburg

☆ Ford buys EV charging startup in bid to help rescue its electric dreams
▼ + stars: | 2023-11-03 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Ford has bought an electric charging startup called AMP, TechCrunch reported. AdvertisementAdvertisementFord is buying an electric charging startup as it tries to reinvigorate its flagging EV push. The auto giant is purchasing Auto Motive Power (AMP), an electric charging startup that makes battery management software, as it seeks to overhaul its charging technology and reduce the cost of its electric vehicles. A Ford representative told TechCrunch that the deal aimed to accelerate its efforts to encourage EV adoption and improve its charging technology. Other car makers have taken a similarly cautious approach to electric vehicles in recent months, with several ditching ambitious targets amid slowing demand.

Persons: —, Ford, it's, Bill Ford, Harald Wilhelm, Elon, carmaker Organizations: Ford, TechCrunch, Service, Auto Motive, The New York Times, Benz, EV, GM, Subaru Locations: California, Kentucky

☆ Did the same collision that formed the moon create mysterious blobs inside Earth?
▼ + stars: | 2023-11-03 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

The theory, called the giant-impact hypothesis, explains many fundamental features of the moon and Earth. And many scientists assumed any debris Theia left behind on Earth was blended in the fiery cauldron of our planet’s interior. They were already aware that there are two massive, distinct blobs that are embedded deep within the Earth. That’s when he learned new details about Theia, the mysterious projectile that presumably struck Earth billions of years ago. And, as a trained geophysicist, he knew of those mysterious blobs hidden in Earth’s mantle.

Persons: Qian Yuan, Yuan, ” Yuan, Hernán, ”, Steve Desch, it’s, wouldn’t, Desch, “, Dr, Seth Jacobson, —, Jacobson, Theia, ” Jacobson Organizations: CNN —, California Institute of Technology, Arizona State University, Arizona State’s School of Earth, Exploration, Arizona State, Caltech, NASA’s Ames Research Center, Michigan State University Locations: Africa, Arizona, Shanghai

☆ Analysis: Israel aid drama is the latest failure of American governance
▼ + stars: | 2023-11-02 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

House GOP leaders said they plan to hold a vote on the package on Thursday but such is the uncertainty in the party’s chaotic majority that no timetable is ever certain. But House GOP Whip Tom Emmer and House Majority Leader Steve Scalise both said they expect to pass the package later in the day. For years, a vote on aid to Israel might have been one of the least controversial measures to come up in the House all year. But Johnson defended his decision on Thursday to link Israel aid to cuts in IRS funding. But the last few weeks have shown there’s a vast difference between what a GOP speaker wants to do and what he can do.

Persons: Tom Emmer, Steve Scalise, Mike Johnson’s, Johnson, “, that’s, Joe Biden, McCarthy, Kevin McCarthy, Biden, –, Mitch McConnell, ” McConnell, ” —, McConnell, Donald Trump, Vladimir Putin, Ukraine’s, Oklahoma Sen, Markwayne Mullin, Carolina Sen, Lindsey Graham, —, Benjamin Netanyahu’s, Jessica Rosenberg, ” Biden Organizations: CNN, GOP, Internal Revenue Service, Johnson’s, Hamas, Louisiana Republican, Democratic, White, Senate, Republican Party, Wednesday, Fox News, Putin, Oklahoma, House Republicans, Republican, United Locations: Israel, America, Washington, Ukraine, China, Russia, Louisiana, United States, Kremlin, Kyiv, Carolina, Gaza, Minnesota, Michigan

☆ Amazon wanted me to move across the country to return to office. I left $200,000 in unvested stock options on the table when I quit.
▼ + stars: | 2023-11-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

I was an Amazon software development manager for more than three years. I quit, leaving over $200,000 in unvested stock options on the table rather than return to office. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Instead, I started my new job, taking a $203,000 pay cut by forfeiting unvested stocks that I'd earned while working at Amazon. But, while they're remote-first, if they ever decided to implement an in-office work policy, I'd find a new gig.

Persons: —, I'd, Brad Glasser, Glasser, We've, we'd, we've Organizations: Service, Amazon Locations: Amazon, Seattle, East Coast, New York

Twelve Democrats voted with 214 Republicans for the bill, and two Republicans joined 194 Democrats in objecting. Republicans have a 221-212 majority in the House, but Biden's fellow Democrats control the Senate 51-49. To become law, the bill would have to pass both the House and Senate and be signed by Biden. The nonpartisan Congressional Budget Office on Wednesday said the IRS cuts and Israel aid in the House bill would add nearly $30 billion to the U.S. budget deficit, currently estimated at $1.7 trillion. After the vote, Johnson urged the Senate and White House to quickly approve the bill.

Persons: Mike Johnson, Joe Biden, Chuck Schumer, Biden, Schumer, Kay Granger, Nathan Howard, Rosa DeLauro, Johnson, Patricia Zengerle, Makini Brice, Scott Malone, Mark Porter, Alistair Bell, Chris Reese Organizations: U.S . House, Republican, Internal Revenue, Republicans, Israel, Internal Revenue Service, Democratic, Senate, U.S, Capitol, REUTERS, White, Twitter, Thomson Locations: Israel, Iran, Ukraine, Taiwan, Washington , U.S, Gaza City, Kyiv, U.S, Mexico

“The longer-form videos on YouTube are actually in decline year over year,” Mr. Lynch said. Some invested heavily in building in-house studios or bought them, as Vox Media did when it acquired the film and TV producer Epic in 2019. Perhaps the most ambitious of these studios was Condé Nast Entertainment, a prominent division within Condé Nast in charge of developing articles from publications such as The New Yorker, Wired and Vanity Fair — intellectual property, in Hollywood parlance — into major motion pictures and TV shows. “Cat Person,” a film based on a viral New Yorker short story that explores uncomfortable relationship dynamics, premiered at the Sundance Film Festival this year. And online viewership is increasingly shifting to platforms like TikTok and YouTube, where shorter content is king and monetization elusive.

Persons: ” Mr, Lynch, Condé Nast, Dawn Ostroff, Agnes Chu, David Grann, Robert Redford Organizations: YouTube, Hollywood, Vox Media, Condé Nast Entertainment, Yorker, Wired, CW, Spotify, Disney, Sundance, Globe Locations: ”, Condé, Hollywood

☆ Li Keqiang: Death of China’s former premier offers glimpse into discontent with Xi Jinping
▼ + stars: | 2023-11-01 | by ( Cnn Staff | ) edition.cnn.com time to read: +11 min

CNN —The sudden death of China’s former Premier Li Keqiang has spurred an outpouring of grief and mourning across the country. But for many, it also appears to offer a rare opening to air pent-up discontent with top leader Xi Jinping and the direction he has taken the country. His death, just months after his retirement, shocked the Chinese public. German Chancellor Angela Merkel and Chinese Premier Li Keqiang review a guard of honor prior to a meeting at the Chancellery on July 9, 2018 in Berlin, Germany. Chinese Premier Li Keqiang visits a hospital in Wuhan on January 27, 2020, days after the city was placed under a complete lockdown to curb the raging Covid-19 outbreak.

Persons: Li Keqiang, Xi Jinping, Li, Xi –, ”, Alfred Wu, Lee, “, Xi, Angela Merkel, Sean Gallup, Zhang Lun, Mao Zedong, Zhang, “ I’ve, Wu, Li Tao, Zhou Enlai, Mao, Hu Yaobang, Fish Leong, ” Zhang Organizations: CNN, Communist, Lee Kuan Yew, of Public Policy, Getty, Studies, University of Cergy, Peking University, Li, AP Party, Communist Party, Xinhua, CPC, Party Locations: Shanghai, China, Singapore, German, Berlin, Germany, Pontoise, France, Communist China, Wuhan, AFP, Yunnan province, Weibo, Malaysian, Hefei, Anhui, Zhengzhou, Henan, Beijing

☆ Opinion: There’s a smarter way for Israel to eliminate Hamas
▼ + stars: | 2023-11-01 | by ( Opinion Robert A. Pape | ) edition.cnn.com time to read: +8 min

To defeat terrorist groups like Hamas, it is important to separate the terrorists from the local population from which they emerge. Right now, we are witnessing not the separation of Hamas and the local population, but the growing integration of the two, with likely growing recruitment for Hamas. The only viable way to separate Hamas from the local population is politically. This could, over time, separate Hamas from the local population more and more, and so lead to significant success. This new strategic conception is the best way to defeat Hamas, secure Israel’s population and advance America’s interests in the region.

Persons: Robert A . Pape, Read, CNN —, —, Robert A, Pape Robert Pape Indeed, Maz Nash, Israel, Mohammed Abed, Ben Curtis, Saddam Hussein’s, Saddam Hussein, Chris Hondros, Israel doesn’t Organizations: University of Chicago Project, Security, “, Power, CNN, West Bank, Getty, Beirut International Airport, ISIS, Hamas, Palestinian Ministry of Health Locations: Israel, United States, Southern Lebanon, Lebanon, Beirut, Gaza, Gaza City, AFP, Iraq, Al, Kut, Ramallah, Syria, Palestinian

Murphy said Orsted was facing the same supply chain, inflation and other challenges that competitors in the offshore wind industry face. The decision was the latest in a series of setbacks for the offshore wind industry in the northeast. A handful of other offshore wind projects have been canceled. And New Jersey still has several other offshore wind projects in various stages of development, with four new proposals submitted in August alone. The White House in statement Tuesday night noted that in just the past week several investments in offshore wind had been made.

Persons: Orsted, Biden, Mads Nipper, ” Nipper, Phil Murphy, Murphy, “, ”, Republicans —, Jeff Tittel, ” Michael Kikukawa, White, Wayne Parry Organizations: CITY, New, New Jersey Gov, Democratic, Republicans, Sierra Club, Dominion Energy, Dominion, Shell, EDF Renewables Locations: N.J, Danish, New Jersey, United States, Connecticut, Rhode Island, East, New York, Massachusetts, Spanish, Virginia, Virginia Beach, U.S, Atlantic Shores, EDF Renewables North America, www.twitter.com

A decade later, Trump's failed Bills bid is one of the business moves under scrutiny in the trial of a lawsuit brought by New York Attorney General Letitia James. In offering to buy the Bills, Trump cited his net worth as $8 billion in an initial offer letter but never provided his financial statements. Throughout the sale process, Cohen insisted Trump was serious about his bid and his commitment to keeping the Bills in Buffalo. “There’s nobody more serious than Donald Trump,” Cohen said in an interview with The Associated Press in 2014. Trump told the AP in 2016 that had he been able to buy the Bills, it’s unlikely that he would've run for president.

Persons: Donald Trump, “ Trump, Morgan Stanley, K, Don Cornwell, doesn’t, he'd, Jeffrey Holzschuh, Trump, Ralph Wilson, Terry, Kim Pegula, Jon Bon Jovi, Trump's, Letitia James, James, He'd, Pete Rozelle, Rozelle, Michael Cohen, Forbes, Cohen, ” Cohen, Cornwell, ” Holzschuh, Holzschuh, he'd “, ” Trump, “, Christopher Kise, John Wawrow Organizations: Buffalo Bills, NFL, Bills, of Fame, NHL’s Buffalo Sabres, New York, Republican, Trump, New, New Jersey Generals, USFL, U.S, Supreme, Forbes magazine's, Associated Press Locations: New Jersey, Buffalo, ”, Buffalo , New York

☆ Asia stocks mull over Middle East, central bank meetings
▼ + stars: | 2023-10-30 | by ( Wayne Cole | ) www.reuters.com time to read: +5 min

The earnings season also continues with Apple, Airbnb, McDonald's, Moderna and Eli Lilly & Co among the many reporting this week. Early on Monday, S&P 500 futures had edged up 0.3% to 4,151, while Nasdaq futures added 0.5%. Japan's Nikkei (.N225) fell 1.1% amid speculation the Bank of Japan (BOJ) might tweak its yield curve control (YCC) policy after its two-day policy meeting wraps up on Tuesday. The Bank of England is also expected to stay on hold this week, with markets pricing around a 70% chance it is done tightening altogether. Oil prices eased as worries about demand outweighed risks to Middle East supplies, at least for the moment.

Persons: Issei Kato, BoE, BOJ, Eli Lilly, China Evergrande, Treasuries, Goldman Sachs, reacceleration, Brent, Wayne Cole, Jamie Freed Organizations: REUTERS, Nikkei, Apple, Moderna, Nasdaq, HK, Japan's Nikkei, Bank of Japan, Barclays, Treasury, NatWest, Federal Reserve, Bank of England, Capital, Thomson Locations: Tokyo, Japan, U.S, Gaza, payrolls SYDNEY, United States, Britain, McDonald's, Gaza's, Iranian, Asia, Pacific, China, Israel, East

☆ Morning Bid: Markets hold their nerve amid Mid East trouble
▼ + stars: | 2023-10-30 | by ( Wayne Cole | ) www.reuters.com time to read: +3 min

Oct 30 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Most talk is it will stay on hold this time, but will discuss laying the groundwork for an eventual shift. Any tweak would see Japanese yields rise and add to the pain being felt in the Treasury market, where 10-year yields nudged up to 4.87% on Monday with scant sign of any safe haven bid. Analysts at NatWest Markets expect $885 billion of marketable borrowing in Q4 and $700 billion in Q1. It is also notable that the borrowing kept climbing even though the economy surprised everyone with its strength.

Persons: Wayne Cole, It's, Eli Lilly, Luis de Guindos, Erik Thedéen, Muralikumar Organizations: Nikkei, Bank of Japan, Ichi, Insurance, Reuters, Treasury, NatWest Markets, Federal Reserve, Apple, Thomson Locations: Wayne, Gaza, China

Politicians from across the spectrum have visited the garrison of workers permanently stationed outside the Crevalcore plant, less than 40 kilometres from Ferrari's headquarters. Marelli has put the plan on hold but confirmed it wants to abandon the plant, leaving workers in a limbo. Samira Chouri, 50, has worked at the Crevalcore plant for 18 years. Some 37% of the EU's 800 billion euros ($845 billion) post-pandemic recovery fund is earmarked for climate friendly investment. Climate change think tank ECCO said Italy needed to spend between 7-13 billion euros more per year to meet Europe's decarbonisation goals.

Persons: Marelli, Grazia Vitiello, Samira Chouri, Calsonic, I'm, Sergio Manni, Francesco Simeri, Chouri's, Giovanni Sanfelice, ANFIA, Francesco Zirpoli, Zirpoli, Giorgia Meloni's, Europe's, Vittorio Sarti, Giulio Piovaccari, Vagnoni, Toby Chopra Organizations: U.S, KKR, Volkswagen, BMW, Fiat Chrysler, FCA, Venice University, Center, Automotive, Mobility, Thomson Locations: Italy, Italy's, Emilia Romagna, Marelli, Stellantis, France, Crevalcore, Europe, Rome, Italian

☆ How 2020 election denialism greases the path to power in the Republican Party
▼ + stars: | 2023-10-30 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

Johnson, who played a leading role in the effort to block the certification of President Joe Biden’s 2020 election win, benefited in his ascent to the speakership last week from the approval of pro-Trump lawmakers. His tortured explanations of his constitutionality correct decision – that he lacked power to overturn Biden’s 2020 election win in Congress – failed to convince grassroots Republicans bought into the ex-president’s false claims that he won the election. An alternative lesson that the ex-president’s rivals might draw is that forceful condemnations of Trump’s 2020 election denialism are likely to be fatal to their campaigns. There was evidence last week that Johnson’s maneuvering after the 2020 election helped secure his rise to the speakership. Georgia Rep. Marjorie Taylor Greene, for example, said that Emmer’s vote to certify the 2020 election “played a big role” in her vote against him.

Persons: Mike Johnson, Mike Pence, Donald Trump, Johnson, Joe Biden’s, Pence, Biden’s, –, Liz Cheney, Utah Sen, Mitt Romney, Trump’s, Trump, ”, ’, Vladimir Putin, thrall, Ronald Reagan, trekked, —, Chris Christie, CNN’s Jake Tapper, Ron DeSantis, Nikki Haley, Kevin McCarthy, Biden, Tom Emmer, Marjorie Taylor Greene, “, ” Greene, Republicans “ Organizations: CNN, Republican, Trump, White House, Republicans, Wyoming, Utah, Trump Organization, GOP, New, New Jersey Gov, Florida Gov, South Carolina Gov, Fox News, Capitol, Louisiana Republican, House Republicans, Electoral, Georgia, Democrats, Democratic Congressional, MAGA Locations: New York, autocrats, Iowa, United States, “, New Jersey, “ State, New Hampshire, Louisiana, Texas, Minnesota

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