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A homeless Florida man was arrested Wednesday and charged with plotting to bomb the New York Stock Exchange to force a "reboot" or "reset" of the U.S. government, according to a criminal complaint. Yener told agents at the time that he was creating “rockets” with very “volatile” chemical mixtures that would explode if they were mixed incorrectly, the complaint says. Undercover FBI agents later made contact with Yener and convinced him they wanted to help him carry out an attack, it says. “There is one place that would be hella easy...the stock exchange, that would be a great hit," Yener said, according to the complaint. So that’s perfect.”Days later, he told a group of undercover FBI agents that he wanted to bomb the stock exchange the week before Thanksgiving.
Persons: Harun Abdul, Malik Yener, Yener, , Seamus Hughes Organizations: New York Stock Exchange, ., FBI, Facebook, ISIS, Undercover FBI, Walmart, NBC News, Stock Exchange, Court Watch Locations: Florida, Coral Springs,
Big retailers’ fortunes are diverging as the holiday shopping season gets underway. On Wednesday, Target cited “lingering softness in discretionary categories” as a top factor in its disappointing third-quarter sales, as many budget-conscious shoppers continue to focus on necessities. It’s the latest sign that discounts will be the driving force this holiday season, as they’ve been for much of this year. “We’re starting to get back to normal here.”U.S. retail sales rose 0.4% overall in October, federal data showed last month, beating analysts’ forecasts. In the meantime, the steady expansion of e-commerce looks set to continue this holiday season.
Persons: , Brad Thomas, they’ve, TJ Maxx, John David Rainey, “ We’re, “ They’re, they’re, ” Thomas, Matthew Shay, TransUnion, Neil Saunders, Saunders, Helene, Milton, who’ve, ” Saunders Organizations: Target, Walmart, KeyBanc, Marshalls, CNBC, , National Retail Federation, GlobalData, NBC
Hyosub Shin/Pool/Atlanta Journal-Constitution/APState prosecutor Sheila Ross outlined each of the charges Jose Ibarra is facing during her closing argument Wednesday morning. Ross described Ibarra as “a monstrously guilty individual,” and asked Judge H. Patrick Haggard to find him guilty on all counts. Here’s a look at how she described the evidence surrounding each of the charges:Malice murder: Ross outlined Ibarra’s deliberate intention to kill, noting evidence from the medical examiner in the case. • Aggravated Assault with Intent to RapeRoss outlined Laken Riley’s state of undress, noting her clothes being “in two different directions.”“Her underwear has been torn. Obstruction of 911 CallThe prosecutor noted that evidence showed Laken Riley’s emergency called had hung up on the 9-1-1 center.
Persons: Sheila Ross, Hyosub, Jose Ibarra, Ross, Ibarra, , Judge H, Patrick Haggard, ” Ross, , , Jose Ibarra’s thumbprint, He’s, Peeping Tom Ross Organizations: AP, University, Georgia
The House Ethics Committee weighs releasing their report on Matt Gaetz. And Susan Smith, who made headlines for killing her sons 30 years ago, is up for parole. The Ethics Committee has jurisdiction only over sitting members of Congress, Johnson argues. But there is precedent for the Ethics Committee to publish reports after a member of Congress has resigned. Susan Smith up for parole 30 years after killing her sonsSusan Smith leaves court after a hearing in Union, S.C., in 1995.
Persons: Matt Gaetz, Susan Smith, Donald Trump, Gaetz, Susan Wild, Joel Leppard, Mike Johnson, Trump, Johnson, Read, Mike Cavanaugh, , Vladimir Putin, Brooks Kraft, Smith’s, Michael, Alex, Smith, Rafael Nadal, Jay Leno, Barbara Gauntt, Chokwe Antar Lumumba, Lumumba, — Bracey Harris Organizations: Comcast, Justice Department, Republicans, Democrats, Gaetz, MSNBC, Syfy, Golf, CNBC, Oxygen, NBC News, NBC, Bravo, United, Brooks, Brooks Kraft LLC, Getty, South, Davis, Mississippi State Capitol, Clarion, Ledger, Residents Locations: Florida, USA, U.S, Kyiv, United States, Ukrainian, Russian, Ukraine, Union, South Carolina, Northern California, Pacific, California, Jackson
WASHINGTON — Members of the House Ethics Committee will meet behind closed doors Wednesday afternoon to discuss whether to publicly release a report detailing their sweeping investigation into former Rep. Matt Gaetz, President-elect Donald Trump’s pick for attorney general. Several Republicans and Democrats in the Senate have said they want to review the House report before a Judiciary Committee confirmation hearing for Gaetz next year. She argued that there is precedent for the Ethics Committee to publish reports after members of Congress have resigned. If the committee declines to make the Gaetz report public, any House member can try to force a vote to release it. In September 1996, House Democrats tried to force the Ethics Committee to release a report from an outside counsel about its investigation of then-Speaker Newt Gingrich, R-Ga.
Persons: Matt Gaetz, Donald Trump’s, Gaetz, Mike Johnson, Trump, “ I’ve, ” Johnson, “ Matt Gaetz, , Michael Guest, Susan Wild, Joel Leppard, Leppard, , JD Vance, Pete Hegseth, Bill Boner, Boner, Boner’s, Buz Lukens, Newt Gingrich Organizations: WASHINGTON, Republicans, Democrats, Justice Department, NBC News, Trump, Capitol, Cabinet, Senate, Congress, , Committee Locations: Florida, Nashville, Ohio
ATHENS — Ships docked at Greek ports, and railway and bus services were disrupted on Wednesday as transport workers, hospital doctors, school teachers together with construction workers joined a nationwide strike to protest squeezed living standards and demand higher pay. Many Greeks saw their wages and pensions slashed in return for bailouts worth 280 billion euros ($297 billion) during a 2009-2018 debt crisis which shaved a quarter off Greece’s economic output and nearly pushed the country out of the eurozone. Workers were expected to protest in central Athens later on Wednesday. The strike comes as the government submits later on Wednesday its final 2025 budget to the 300-seat parliament for debate before a vote due next month. The draft budget sees economic growth of 2.3% next year and higher tax revenues thanks to expanding digital payments and booming property sales.
Persons: Kyriakos Mitsotakis, , Greece —, Mitsotakis Organizations: ATHENS — Ships, Workers Locations: ATHENS, Greece, Athens
President-elect Donald Trump on Tuesday named Linda McMahon, a former World Wrestling Entertainment executive who served in the first Trump administration, as his pick to lead the Education Department. Before joining the first Trump administration, McMahon briefly served on the Connecticut State Board of Education in 2009, and made unsuccessful bids in 2010 and 2012 for U.S. Senate seats in the state. CNN first reported on McMahon as Trump’s pick for education secretary. McMahon is also the latest Cabinet pick from Trump’s transition team. Earlier Tuesday he named Cantor Fitzgerald CEO Howard Lutnick, who is co-chairing his transition alongside McMahon, as his choice for commerce secretary.
Persons: Donald Trump, Linda McMahon, Trump, McMahon, ” McMahon, Vince McMahon, Elon Musk, Doug Collins of, Lee Zeldin, Cantor Fitzgerald, Howard Lutnick Organizations: Wrestling Entertainment, Education Department, Senate, Small Business Administration, Trump America, Action, Connecticut State, of Education, U.S, CNN, Inc, World Wrestling Entertainment, Fox News, “ Department, Government, SpaceX, America, Policy Institute, Environmental Protection Agency Locations: Connecticut, Texas, Doug Collins of Georgia, New York
Brisbane, Australia CNN —The Australian government is threatening multimillion dollar fines for social media companies that breach a proposed ban on children under 16 from using their service. “The legislation places the onus on social media platforms, not parents or children, to ensure protections are in place,” Rowland said. Many parents and pro-ban campaigners have lauded the bill as a long overdue measure to impose accountability on tech companies for tools Australian children use online. Both sides agree about the risks of children spending too much time online, and the need for tech companies to do more to safeguard their products. The Australia government’s also commissioned the UK consortium Age Check Certification Scheme to trial age verification technology, to aid efforts to keep children off social media platforms.
Persons: Michelle Rowland, ” “, ” Rowland, we’ve, , , Australia government’s, it’s Organizations: Australia CNN, Communications, Albanese Government Locations: Brisbane, Australia
AdvertisementFord is cutting 4,000 jobs in Europe after "significant losses" in its passenger vehicle operations. The company also cited rising competition and weaker-than-expected demand for EVs. Ford CFO John Lawler called for joint industry action in a letter to the German government. Ford said it would cut 4,000 jobs in Europe by the end of 2027 amid rising competition and weaker-than-expected demand for EVs. Earlier this month, Japanese automaker Nissan announced 9,000 layoffs and a 20% cut in global production amid falling sales in the US and China.
Persons: John Lawler, Ford, Dave Johnston, Lawler Organizations: Ford, General Motors, Nissan, Dodge Locations: Europe, Germany, Cologne, EVs, Detroit, China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Wednesday's full episode of the Halftime Report — November 20, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.
Persons: CNBC's Scott Wapner Organizations: CNBC PRO
Stock futures are near flat Wednesday night as investors parsed the all-important earnings release from artificial intelligence darling Nvidia . Investors kept a close eye on after-the-bell earnings from Nvidia, the chipmaker that has dazzled Wall Street for more than a year as a key AI beneficiary. While the company beat expectations for the third quarter and issued strong guidance, shares shed more than 1%. On the other hand, Snowflake jumped more than 19% after the data analytics software company beat expectations for the third quarter. That action follows a mixed day on Wall Street, with the S&P 500 ending near flat.
Persons: University's, Snowflake, Dow, Beth Hammack, Austan Goolsbee, Jeff Schmid Organizations: New York Stock Exchange, Stock, Nvidia, Dow Jones Industrial, Nasdaq, Investors, Dow, University's Stern School of Business, Traders, Cleveland Federal, Chicago Fed, Kansas City, Intuit Locations: New York City, New
AdvertisementIndian billionaire Gautam Adani has been charged in a massive bribery scheme. Adani and his executives convinced US investors to buy bonds on false promises, prosecutors allege. Prosecutors brought bribery charges against billionaire Gautam Adani, one of the richest people in India, alleging the business magnate and seven of his senior executives paid hundreds of millions of dollars in bribes to the Indian government and hid them from US investors. Gautam Adani, the founder and chairman of Indian conglomerate Adani Group, is estimated to be worth more than $85 billion, according to Bloomberg. Adani and his executives convinced US investors to buy bonds in one of the companies using false promises, prosecutors allege.
Persons: Gautam Adani, Adani, Sagar, Gautam, Sagar Adani, Sanjay Wadhwa Organizations: New, SEC, Adani, Bloomberg Locations: India, New York, SEC's
Alaska Airlines partnered with Air Space Intelligence to use an AI tool that suggests flight routes. While Air Space Intelligence developed the Flyways AI Platform, it did so in close cooperation with the airline's stakeholders. AI in actionThe partnership between Alaska Airlines and Air Space Intelligence began with a learning period for both organizations. ASI's staff shadowed the airline's dispatchers to learn how they worked, while Alaska Airlines learned more about how a machine-learning algorithm could be used to route traffic. While that might seem low, those accepted routes helped reduce Alaska Airlines' fuel consumption by more than 1.2 million gallons in 2023, according to the airline's annual sustainability report.
Persons: , We've, they're, Pasha Saleh, Flyways, Saleh, Phillip Buckendorf, Buckendorf, Andreessen Horowitz Organizations: Alaska Airlines, Air Space Intelligence, Service, Space Intelligence, Alaska Airlines . Alaska Airlines, Federal Aviation Administration, ASI, IBM DOS, Airlines, Air, US Air Force Locations: Alaska, Boston, Denver, Poland, Washington, DC
The flight attendant took action by improving her diet and taking her little dog for long walks. She lost 80 pounds in less than a year and is able to keep up with her energetic, 6-year-old child. I did it by changing my diet and walking my dog more. I only put on 20 pounds during my first pregnancy with my son, Andy, in 2000 and lost it pretty quickly. I no longer took the elevator in the New York subway and went for the stairs.
Persons: Diana Coello, You've, I'd, Andy, Milania, COVID, Kenny, fryer, Dianne, Angie, Bruno, I've Organizations: Netflix, New York, Business Locations: New York City, chihuahua
On Wednesday, Musk and Ramaswamy outlined their vision for DOGE, which Musk previously said would cut $2 trillion from the federal budget. Ron DeSantis' Presidential Announcement with Elon MuskTheir opinion piece, published in the Wall Street Journal, is lengthy and dense, filled with Supreme Court rulings and decades-old statutes. Musk and Ramaswamy wrote that their goal for deep reform will be rooted in two Supreme Court rulings. Musk and Ramaswamy make it clear that by eliminating federal regulations, there should also be "mass head-count reductions across the federal bureaucracy." Musk and Ramaswamy note that Trump has implied that the statute is unconstitutional and predict that the Supreme Court would agree.
Persons: Elon Musk, Vivek Ramaswamy, Ramaswamy, Musk, Ron DeSantis, Loper, Raimondo, Chevron, Trump, haven't, DOGE, Musk's, Tesla, overreach Organizations: Department of Government, Florida Gov, Elon, Street, Management, Environmental Protection Agency, Chevron, Natural Resources Defense Council, Congress, Corporation for Public Broadcasting, Public Broadcasting Service, National Public Radio, Social Security, SpaceX, Trump, Musk Locations: Florida, America, West Virginia
New York CNN —Indian billionaire Gautam Adani and other executives were indicted in New York for roles in a multi-billion-dollar fraud scheme, the US Department of Justice said Wednesday. Authorities said Adani and seven other senior business executives, including his nephew Sagar Adani, promised more than $250 million in bribes to Indian government officials to secure solar energy contracts. Worth more than $85 billion, Adani is Asia’s second-richest person behind countryman Mukesh Ambani, according to Bloomberg’s Billionaires Index. The solar energy supply contracts were projected to raise more than $2 billion in profits after tax over an approximately 20-year period. The defendants frequently met and discussed the bribery scheme, including evidence on several phones.
Persons: Gautam Adani, Adani, Sagar Adani, , Lisa Miller, Worth, Mukesh Ambani, Cyril Cabanes, Adani Green, Jeff Bezos –, Hindenburg, Narendra Modi, CNN’s Diksha Madhok Organizations: New, New York CNN, US Department of Justice, Authorities, Adani Group, Indian, DOJ, Securities and Exchange Commission, Adani Green Energy Ltd, Power, SEC, Hindenburg, Bloomberg, Adani Enterprises, CNN Locations: New York
Ford to lay off 4,000 workers in Europe
  + stars: | 2024-11-20 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +3 min
London CNN —Ford plans to cut almost 4,000 jobs in Europe over the next three years, about 14% of its workforce in the region, as the carmaker faces slowing demand for electric vehicles and rising competition from China. “The global auto industry continues to be in a period of disruption, especially in Europe, where the industry faces unprecedented competitive, regulatory and economic headwinds,” Ford said in a statement. Last year, the company said it would axe around 4,900 jobs across Europe. The news of the Ford cuts comes just weeks after Volkswagen said it would trim employee pay by 10% to protect jobs and safeguard the company’s future. The German automaker plans to close at least three factories in its home country and lay off tens of thousands of staff as it grapples with a weak car market in Europe and a steep loss of market share in China.
Persons: London CNN — Ford, ” Ford, Dave Johnston, Ford, , John Lawler, ” Lawler Organizations: London CNN, ” Global, Ford, Volkswagen Locations: Europe, China, Germany, United Kingdom, Western
Giraffe populations are declining at such an alarming rate — from habitat loss, poaching, urbanization and climate change-fueled drought — that US wildlife officials announced a proposal on Wednesday to help protect several of the species. The US Fish and Wildlife Service proposed listing many giraffe species as either endangered or threatened. It’s the first time the long-necked mammals, native to Africa, would receive federal protections under the Endangered Species Act. Declaring a species “endangered” is the most severe level of threat under the law, indicating the species is at immediate risk of extinction. The US has become a significant market for giraffe parts and products, importing nearly 40,000 for at least a decade-long period, a 2018 report showed.
Persons: Martha Williams Organizations: CNN, and Wildlife Service Locations: Africa, , United States, Kordofan, East Africa
As of last week, nowhere else on the planet has air so hazardous to human health, according to global air quality monitors. By evening it feels like I am lifeless.”Deepak Rajak, whose asthma has worsened in recent weeks, visits a pollution clinic in New Delhi. Anushree Fadnavis/ReutersCommuters step out in a foggy winter morning amid rising air pollution, on November 19, 2024 in Greater Noida, India. But analysts say governments are focusing more on the emergency response rather than sustained efforts to improve air quality. While stubble burning during the winter harvest season exacerbates pollution levels, to solve the crisis, pollution needs to be tackled year-round, Dahiya said.
Persons: Deepak Rajak, Rajak, , Ram Manohar Lohiya, It’s, Atishi, that’s, CNN Rajak, Kajal Rajak, they’re, ” Kajal, , Vipin Kumar, Anushree Fadnavis, Sunil Ghosh, Mohammad Ibrahim, ” Ibrahim, Ibrahim can’t, Aditya Kumar Shukla, Delhi’s Batra, Shukla, Amit Jindal, Jindal, Gaurav Jain, Batra, Manish Swarup, Ajay Aggarwal, Sunil Dahiya, Dahiya, ” Dahiya Organizations: New, New Delhi CNN, CNN, World Health Organization, Indian Ministry of Forest Environment, Hindustan Times, Getty, Indian Air Force, , Clean Air Program Locations: New Delhi, Delhi, Greater Noida, India
AdvertisementAlex Li lives in Dover, Delaware, which is 55 miles from where his wife and daughter reside. As a 34-year-old founder, husband, and dad, Alex Li is away from his family more than he'd like to be. Related storiesMen should take on more family responsibilities, Li saidSome of Li's male friends didn't understand why he felt guilty. AdvertisementIf his wife needs a break, Li's daughter stays with him in Dover while his wife takes a vacation. "My daughter was incredibly excited since it had been years since we traveled together as a family," Li recalled.
Persons: Alex Li, Li, Li's, he'd, he's, He's, he'll, Jane Zhang Organizations: Universal Studios Singapore, Universal Locations: Dover , Delaware, Wilmington , Delaware, Dover, Texas, Wilmington, Spain
AdvertisementAlex Li lives in Dover, Delaware, which is 55 miles from where his wife and daughter reside. Spending time away from his family so that he could work on his startup has led to guilt and regret. As a 34-year-old founder, husband, and dad, Alex Li is away from his family more than he'd like to be. AdvertisementIf his wife needs a break, Li's daughter stays with him in Dover while his wife takes a vacation. "My daughter was incredibly excited since it had been years since we traveled together as a family," Li recalled.
Persons: Alex Li, Li, Li's, he'd, he's, He's, he'll, Jane Zhang Organizations: Universal Studios Singapore, Universal Locations: Dover , Delaware, Wilmington , Delaware, Dover, Wilmington, Spain
Back in late September, I laid out a bearish thesis on Apple and the trade expired last Friday and resulted in a 100% gain. Apple (AAPL) continues to face significant headwinds, with disappointing iPhone 16 sales, growing competition in augmented reality, and underwhelming progress in artificial intelligence (AI). China's slowing economy has weighed heavily on Apple, exacerbating challenges in one of its largest markets. While Apple boasts industry-leading net margins of 24%, its expected EPS growth of 11.6% and revenue growth of 6.9% provide limited justification for this valuation premium. With iPhone sales growth faltering and the lack of a clear catalyst from AI or AR/VR initiatives, AAPL's premium valuation remains increasingly difficult to sustain.
Persons: AAPL Organizations: Apple, Apple Intelligence, Meta, Microsoft, CNBC, NBC UNIVERSAL Locations: OptionsPlay
CNN —Matthew McConaughey is a native of Texas, but that’s not the only reason he and his family now reside there. During a recent appearance on the “Good Trouble” podcast, the Oscar-winning actor spoke with tennis pro Nick Kyrgios about his life and career. One thing he learned, McConaughey said, was the importance of saying no. Hollywood said no, no, no, no, you should stay there, stay there.”The “Magic Mike” star said “since I couldn’t do what I wanted to do, I stopped doing what I was doing.”“I moved down to the ranch in Texas,” McConaughey said. It paid off for McConaughey, who went on to nab more serious roles like his work in “Dallas Buyers Club” for which he won a best actor Academy Award in 2014.
Persons: Matthew McConaughey, that’s, Oscar, Nick Kyrgios, McConaughey, , , ” McConaughey, Hollywood, Mike ”, ” “, Camila Alves McConaughey, ‘ I’m Organizations: CNN, nab, Dallas Buyers Locations: Texas
Investigators discovered that a low-level Israeli soldier had illegally removed Hamas documents from a military database and passed them to Eli Feldstein, a communications consultant working for Netanyahu, prosecutors said. Feldstein acted “with the intention of influencing public opinion in Israel on the negotiations regarding the hostages and in particular the issue of the contribution of the demonstrations to the strengthening of Hamas,” prosecutors said. Days after it was published, Netanyahu cited the article as evidence of Hamas’ intent “to use psychological warfare on the hostage families” and to put pressure on the Israeli government. The Israeli soldier accused of leaking the document to him has also been arrested, along with three other military personnel, prosecutors said. “For the past few days, my office has been under a wild and unrestrained attack,” Netanyahu said at the time.
Persons: Benjamin Netanyahu’s, Eli Feldstein, Netanyahu, Feldstein, , “ Bibi, Yahya Sinwar, Hersh Goldberg Polin, Bild, Sinwar, Shin, , ” Netanyahu, Tzachi Braverman, Braverman, Jack Chen Organizations: NBC News, Israel Defense Forces, Military, NBC, Police Locations: TEL AVIV, Gaza, Israel, Germany
"For decades, communities in Kansas City, Kansas — particularly minority and immigrant communities — have been subjected to an alarming pattern of abuse and other serious misconduct by the KCKPD," according to the suit, which was first obtained by NBC News. The complaint against the Kansas City Police Department and the Unified Government of Wyandotte County/Kansas City, Kansas, alleges they have "stonewalled" the plaintiffs for almost a year. Kansas City police and the Unified Government of Wyandotte County/Kansas City, Kansas, didn't immediately respond to a request for comment about the lawsuit. The state's public records law does maintain that certain documents are exempt from public review, including personnel information of public employees and criminal investigation records. Meanwhile, attention on Kansas City, Kansas, police is expected to return next month, when Golubski's trial is scheduled to begin.
Persons: Jay Z's, Roc, Roger Golubski, Dania Diaz, didn't, Max Kautsch, There's, Kautsch, Team Roc, Alex Spiro, Trump, Justice Department's, Golubski, Kansas City police didn't, Karl Oakman, Diaz, hasn't Organizations: Nation, Court, Innocence, Kansas City Police Department, Roc Nation, NBC News, Unified Government, Kansas, Records, Kansas City, Team, Kansas City police, FBI, Washington Post, Justice Department, Kansas City Star, Justice, Kansas City Police Locations: Kansas City , Kansas, Wyandotte County, Wyandotte County / Kansas City , Kansas, redactions, Lawrence , Kansas, Kansas, Kansas City, Kansas City , Missouri
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