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☆ The US is striking targets across Syria, and it isn't the only one dropping bombs in this uncertain moment
▼ + stars: | 2024-12-10 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The US isn't the only military conducting strikes amid the uncertain situation in Syria. The US military has carried out extensive airstrikes in Syria since the Assad regime collapsed over the weekend, and it's not the only country on the hunt for targets in this uncertain moment. F-15 Strike Eagles, like the one pictured above, took part in the widespread strikes against ISIS over the weekend. The US military said the goal of the strikes was to prevent ISIS from reconstituting in central Syria. Related storiesThe Israeli military has also sent its ground forces across the Syrian border beyond a United Nations-monitored buffer zone that separates the two countries.

Persons: Assad, it's, Biden, John Kirby, Bashar Assad, Jonathan Lord, AAREF WATAD, Avi Melamed, Kirby Organizations: ISIS, US, Turkish, National Security, US Air Force, Central Command, Eagles, American, Pentagon, Sunday, Human Rights, Middle East Security, Center, New, New American Security, United, UN, Syrian Democratic Forces, AP, House, Syrian Army, Hezbollah Locations: Syria, State, Damascus, Sunday, reconstituting, Israel, Latakia, AFP, New American, United Nations, Turkish, Kurdish, Ankara, Turkey, Russia, Iran, Ukraine

☆ Biden says he’ll veto bill that would let Trump nominate more judges
▼ + stars: | 2024-12-10 | by ( Tierney Sneed | ) edition.cnn.com time to read: +5 min

The White House said Tuesday that Biden would veto the bill – passed unanimously by the Senate this summer and set for a House vote this week – that would add judgeships to the most overburdened federal courthouses in the country. Judges across the ideological spectrum have warned that staffing shortages have created a major backlog in cases. Democrats are now pointing to House GOP leadership’s failure to do so as reason why they’re reversing their support. Judges – including in interviews with CNN – have said that the judiciary faces a staffing crisis that is undermining litigants’ right to speedy justice. Lawmakers may try to get the bill passed in the new Congress, but getting Democratic support may require delaying the first allocation of new judges until 2029, when White House control will be unknown.

Persons: Joe Biden, Donald Trump, Biden, –, Trump, ”, Jerry Nadler, Darrell Issa, ” “, CNN –, Gabe Roth, Biden’s, “, Mitch McConnell, ” McConnell, Barack Obama’s, Merrick Garland Organizations: CNN, Senate, GOP, “, ” New York Rep, Republicans, California Republican, Biden, Judicial Conference, Biden White House, Alliance, Justice, Judicial, prudential, Democratic Locations: California, America, “

Five sources familiar with the conversations said there has been close coordination, with Trump’s team being kept apprised of the sensitive and painstaking work by Joe Biden’s administration. Their counterpart in the Trump camp is Steve Witkoff, Trump’s recently named Middle East envoy. “He’s still going to want to take the credit, he’s still going to take the win,” said a source familiar with Trump’s thinking. The flurry of contact and travel by Biden and Trump officials will soon include a trip by Sullivan to Israel this week for talks on a range of issues, including Gaza. Trump officials engaging with IsraelisKey members of Trump’s national security team – and the president-elect himself – have also been engaged with members of the Israeli government, including Prime Minister Benjamin Netanyahu.

Persons: CNN —, Donald Trump, Joe Biden’s, Bill Burns, Brett McGurk, Trump, Steve Witkoff, Trump’s, Witkoff, they’re, Antony Blinken, ”, ” Biden, Biden, Jake Sullivan, Mike Waltz, “ He’s, he’s, ” Witkoff, “ I’m, Jon, “, Massad Boulos, ” Boulos, Sullivan, James Rubin, Blinken, –, Benjamin Netanyahu, Waltz, Ron Dermer, decamped, Netanyahu, Yahya Sinwar, Gideon Sa’ar, Adam Boehler, Jared Kushner, Ruby Chen, Itay Chen, SPEHA Adam, Boehler, CNN’s Eugenia Yosef, Dana Karni Organizations: CNN, Biden, Hamas, Biden’s, CIA, Middle, Reuters, ”, CBS, Trump, Incoming Locations: Gaza, Israel, Lebanon, Qatar, Abu Dhabi, United States, Syria, Jerusalem, Washington, Egypt, Turkey, Doha

☆ Growing momentum for Cabinet picks who could define Trump’s second term
▼ + stars: | 2024-12-10 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

(Hegseth has denied any sexual misconduct and was not charged over a 2017 incident in California). “When voters select a president, they are selecting that president’s vision for a cabinet that will enact his agenda,” Bird wrote. She voted with Trump consistently during his first term and twice voted to acquit him in impeachment trials. Al Drago/Bloomberg/Getty ImagesEach of the picks is on record as vigorously criticizing the departments they were picked to lead. They’ve bought into Trump’s claims that he’s an innocent victim of persecution by the “Deep State” — intelligence agencies, bureaucrats, senior officials and Washington journalists.

Persons: Donald Trump’s, Pete Hegseth, Kash Patel, Tulsi Gabbard, Robert F, Kennedy Jr, Trump, MAGA, Sen, Joni Ernst, Hegseth, Matt Gaetz, Ernst, who’s, Pete, Donald Trump Jr, Joe Biden’s, Lloyd Austin, Steve Deace, ” Deace, “, ”, ” Bird, Trump’s, —, Patel, Gabbard, Kennedy, Al Drago, They’ve, James Mattis, State Rex Tillerson, John Kelly, Steve Bannon —, Kash, Bannon, Deace, Patel —, Bashar al, Assad, Donald Trump, Chip Somodevilla, CNN’s Manu Raju, Susan Collins of, Lisa Murkowski, it’s, Republican Sen, Lindsey Graham, Obama, Raju, Tennessee Sen, Bill Hagerty, CNN’s Jake Tapper, He’s, she’s, Edward Snowden, Julian Assange, ” Hagerty Organizations: CNN, Pentagon, Iowa, Fox, Iowa Republican, Blaze, Trump, NBC, GOP, FBI, Health, Human Services Department, Capitol, Bloomberg, Getty, State, White House, Trump Cabinet, Monday, Senate, The New York Times, Macomb Community College, Hegseth, Fox News, Republican, Democratic, South Carolina Republican, Tennessee, US Army Reserve, “, Biden Locations: Iraq, California, America, Washington, Trump, Warren , Michigan, Afghanistan, Susan Collins of Maine, Alaska, Hawaii, Iran, Japan, Russia

☆ Zelenskky resists US pressure to draft 18-year-olds to solve Ukraine's soldier shortage
▼ + stars: | 2024-12-10 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +2 min

Zelenskyy rejected US pressure to lower the draft age from 25 to 18. AdvertisementUkraine's President, Volodymyr Zelenskyy, has rejected US calls to lower its military recruitment age to 18 to help increase the number of soldiers fighting against Russia. "We must not compensate the lack of equipment and training with the youth of soldiers," Zelenskyy said in a post on X on Monday. Related Video Zelenskyy says Ukraine will lose the war without help from the US"The priority should be providing missiles and lowering Russia's military potential, not Ukraine's draft age," continued the post. Zelenskyy previously resisted the idea in November when an anonymous US administration official told reporters that reducing the draft age would help Ukraine keep up with Russia's military.

Persons: Zelenskyy, Volodymyr Zelenskyy, Matthew Miller's, Miller, Michael Kofman Organizations: Russia, US State, Financial, Storm Shadow Locations: Ukraine

The swift collapse of Bashar al-Assad’s Syrian regime represents a devastating defeat for Iran, the latest in a string of setbacks that have punctured long held assumptions in the West about Tehran’s military prowess. As the rebels pressed ahead, there was no concerted effort to stop the advance with Russian warplanes or Iranian-backed proxy forces. “Assad was effectively abandoned because his only friends ... Iran, Hezbollah and Russia, no longer had the capacity to help,” the official added. The United States and other governments had feared an Israeli attack on Iran would produce an overwhelming response against Israel by Iran’s proxies. Those officers had decades of experience in Syria and a network of contacts among the militants in Iran’s proxy network, including Iraqis, Afghans, Pakistanis, Yemenis and others.

Persons: Bashar al, Assad, ”, “ Assad, Iran’s, “, Israel, Norman Roule, Alex Vatanka, Vatanka, Mohammad Ali Abtahi, ” Abtahi, Roule, Soleimani, ” Roule, Qassem Soleimani, ’, Ayatollah Ali Khamanei, Yahya Sinwar, Marc Polymeropoulos, ” Polymeropoulos, Sen, Andy Kim, ” Kim, Donald Trump, ” Vatanka Organizations: Iranian Revolutionary Guard, Russian, Biden, U.S ., United Against Nuclear, Middle East Institute, Hezbollah, Revolutionary Guard Corps ’, Revolutionary Guard Corps ’ Quds Force, Iranian Revolutionary Guard Corps, Force, CIA, MSNBC, U.N Locations: Iran, Syria, Lebanon, Tehran, Russia, Damascus, Iranian, Iraq, Aleppo, Israel, Washington, United States, Gaza, Yemen, U.S, United Against Nuclear Iran, Revolutionary Guard Corps ’ Quds, Baghdad, Yemenis

☆ TikTok says ban would cost U.S. small businesses and creators $1.3B in first month
▼ + stars: | 2024-12-09 | by ( Dan Mangan | Dan Mangan Is A Reporter Covering Politics For Cnbc.Com. | ) www.nbcnews.com time to read: +3 min

“Those numbers would only increase if the shutdown extends for more than a month,” said Blake Chandlee, president of global business solutions for TikTok, in that court filing. TikTok and ByteDance plan to ask the Supreme Court to overturn a recent ruling upholding the law, issued by the U.S. Court of Appeals for the District of Columbia Circuit. The injunction, if granted, would allow the app to continue operating until the Supreme Court decides whether to hear the appeal. He said that as of November, more than 7 million U.S. accounts use TikTok to do business. The law TikTok wants blocked for now was passed by Congress and signed by President Joe Biden last spring after concerns about ByteDance’s alleged connections to the Chinese government.

Persons: ”, Blake Chandlee, “, ByteDance, Donald Trump, TikTok, Chandlee, ” Chandlee, Joe Biden, TikTok “ Organizations: Apple, Google, ByteDance, U.S ., Appeals, District of Columbia Circuit, Oxford Economics, Congress, District of Columbia Locations: United States, China, Jan, American, District, People’s Republic of China

☆ We compared satellite images of Russia's naval base in Syria before and after Assad's fall. The warships are missing.
▼ + stars: | 2024-12-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Russia's warships are no longer at its base in Tartus, Syria — a critical facility for Moscow. It is unclear if the Russian warships have left for good. AdvertisementOpen-source intelligence accounts highlighted the unusual naval activity on social media, sharing images that suggested the Russian warships were loitering off the coast of Syria. Meanwhile, Moscow uses nearby Khmeimim to shuttle military forces in and out of Africa. Losing both of these facilities would be a major blow to the Russian military.

Persons: Bashar Assad, Syria's, Assad, they're, BlackSky, Alexander Zemlianichenko, It's, they've, Hayat Tahrir, Sham, Al, —, Biden Organizations: Business Insider, Planet Labs PBC, Ukraine, Planet, Planet Labs, BI, Russian, AP, Biden, Lebanese Hezbollah Locations: Tartus, Syria, Moscow, Russian, Russia, Africa, Al Qaeda, Damascus, Iran, Lebanese, Ukraine, Israel

☆ Satellite images show Russia's warships missing from its base in Syria after the Assad regime fell
▼ + stars: | 2024-12-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Russia's warships are no longer at its base in Tartus, Syria — a critical facility for Moscow. AdvertisementRussia's warships are missing from its base in Syria a day after rebel forces ousted the country's longtime dictator, Bashar Assad, new satellite imagery obtained by Business Insider shows. It is unclear if the Russian warships have left for good. Open-source intelligence accounts pointed out the unusual naval activity on social media, sharing images that suggested the Russian warships were loitering off the coast of Syria. Losing both of these facilities would be a major blow to the Russian military.

Persons: Bashar Assad, Syria's, they're, Alexander Zemlianichenko, It's, they've, Assad, Hayat Tahrir, Sham, Al, —, Biden Organizations: Business Insider, Planet Labs PBC, Planet, Planet Labs PBC Russia's, AP, Biden, Lebanese Hezbollah Locations: Tartus, Syria, Moscow, Russian, Africa, Al Qaeda, Damascus, Russia, Iran, Lebanese, Ukraine, Israel

☆ TikTok says ban would cost U.S. small businesses, creators $1.3 billion in first month
▼ + stars: | 2024-12-09 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

"Those numbers would only increase if the shutdown extends for more than a month," said Blake Chandlee, president of global business solutions for TikTok, in that court filing. The injunction, if granted, would allow the app to continue operating until the Supreme Court makes a decision to hear the appeal or not. If TikTok is effectively shut down in the United States in January, Chandlee wrote, American small businesses alone would lose more than $1 billion in revenue — even if the prohibitions are lifted after only a month. "Almost two million creators in the United States would suffer almost $300 million in lost earnings, and TikTok itself would lose 29% of our targeted global advertising revenue for 2025," Chandlee wrote. He said that as of November 2024, more than 7 million U.S. accounts use TikTok to do business.

Persons: Blake Chandlee, ByteDance, Donald Trump, TikTok, Chandlee Organizations: Apple, Google, ByteDance, Supreme, U.S ., Appeals, District of Columbia Circuit Locations: Washington , DC, United States, China, U.S, Jan, American

☆ The US military struck 75 ISIS targets in Syria as Assad's government fell
▼ + stars: | 2024-12-08 | by ( Kenneth Niemeyer | Jake Epstein | ) www.businessinsider.com time to read: +3 min

The US military struck ISIS targets in Syria on Sunday as rebel groups toppled the government. President Joe Biden said US forces would remain in Syria to fight ISIS. AdvertisementThe US military said it carried out dozens of precision strikes against ISIS targets in central Syria on Sunday. AdvertisementUS Central Command, which oversees Middle East operations, said it struck ISIS leaders, operatives, and camps to prevent the terrorist group from rebuilding in central Syria amid the chaos. President Joe Biden, in a press briefing on Sunday, acknowledged that the US conducted airstrikes "targeting ISIS camps and ISIS operatives" inside Syria.

Persons: Bashar Assad, Joe Biden, Syria's, Assad, Centcom, Michael Erik Kurilla, Al, Biden Organizations: ISIS, Longtime, Command, Air Force, Anadolu, Getty Images Hayat Locations: Syria, Damascus, Moscow, Russian, Syria's, Homs, Al Qaeda, Aleppo, Hama, Jordan, Lebanon, Iraq, Israel, United States

☆ Trump previews immigration actions and Jan. 6 pardons in first TV interview since election
▼ + stars: | 2024-12-08 | by ( Aaron Pellish | ) edition.cnn.com time to read: +7 min

And yes, we’re going to do something about that,” Trump said in his “Meet the Press” interview, which was taped on Friday and aired in full on Sunday. “We’re gonna have to get it changed, or maybe I would go back to the people, but we have to end it. We’re the only country that has it,” he said, explaining that he had wanted to do that during his first term. I’m not going to instruct her to do it,” he said. Throughout the interview, Trump at times struck a more temperate tone toward his political opponents and appeared to prioritize uniting the country over exacting vengeance.

Persons: Donald Trump, NBC’s Kristen Welker, Trump, ” Trump, “, ”, Obama, — Trump, We’re, Joe Biden, they’ve, Jack Smith, Pam Bondi, I’m, Welker, Liz Cheney, Bennie Thompson —, ” “ Cheney, Bennie Thompson, Cheney, Thompson, Kash Patel, Biden, ” “, that’s, Pam, Patel, Christopher Wray Organizations: CNN, Department, Press, Democrats, Dreamers, Justice Department, Biden, DOJ, FBI

☆ Hegseth and Collins’ push for cutting veterans health benefits alarms servicemembers and veterans groups
▼ + stars: | 2024-12-07 | by ( Natasha Bertrand | Haley Britzky | ) edition.cnn.com time to read: +12 min

He’s also lobbied for policies that would restrict VA care and believes veterans should ask for fewer government benefits. “We want to have full choice where veterans can go wherever they want for care,” Hegseth told Trump on speakerphone as Shulkin listened, according to Shulkin’s 2019 memoir. For Shulkin, a rare “holdover” from President Barack Obama’s administration to Trump’s, this was “the worst-case scenario” for veteran health care, and one he had repeatedly warned Hegseth against. As secretary of defense, Hegseth would oversee the Military Health System, which is separate from the Veterans Health Administration. “If this continues, the Defense Department will eventually be a health care and pension provider that also happens to fight wars,” he wrote.

Persons: Washington CNN — “, Pete Hegseth, Donald Trump, David Shulkin, Trump, He’s, ” Hegseth, Shulkin, Doug Collins, ”, Barack Obama’s, Hegseth, ” Shulkin, Collins, “ Fox, I’ve, Shawn Ryan, Amy McGrath, Sen, Mitch McConnell, hasn’t, “ I’m, it’s, ” McGrath, “, McGrath, there’s, Charles, David Koch, Max Rose, VoteVets, –, ‘, ’ ”, I’m, ’, Hegseth –, America –, Ryan, hadn’t, Kate Kuzminski, ” Kuzminski, ” Rose, Kuzminski Organizations: Washington CNN, Department of Veterans Affairs, Fox News, Veterans, CNN, Marine, Biden, Military Health, Veterans Health Administration, Pentagon, Wall, Defense Department, Army Reserve, Democratic, America, Trump, “, White, White House, American, Center, New, New American Security Locations: speakerphone, Trump’s, Kentucky, America, New American

CNN —Biden administration officials, watching the remarkable speed of the Syrian rebel advance, increasingly see the possibility of the regime of Bashar al-Assad falling within days, five US officials told CNN. “Probably by next weekend the Assad regime will have lost any semblance of power,” one said. The Biden administration appeared caught off guard by the speed of the rebel advance launched last week. Regime troops have collapsed and melted away, leaving a fragile shell of an army to defend the president and Damascus. Leading the rebel advance in Syria is a group designated by the US as terrorist organization: Hayat Tahrir al-Sham, or HTS, which was previously linked to al Qaeda.

Persons: CNN —, Bashar al, Assad, hasn’t, isn’t, Biden, Tahrir, Jake Sullivan, —, Turkey Organizations: CNN, CNN — Biden, US, Rebels, “, Pentagon, Syrian Democratic Forces, ISIS, SDF Locations: Syrian, Homs, Syria’s, Damascus, Afghanistan —, Ukraine, Russia, Syria, al Qaeda, Iran, Kurdish, Turkey, Moscow, Tehran, Latakia

SEOUL, South Korea — Lawmakers in South Korea are set to vote Saturday on whether to impeach President Yoon Suk Yeol after he plunged the country into chaos by declaring emergency martial law only to lift the order hours later under intense pressure from lawmakers and the public. Biden administration officials said they were not notified in advance that Yoon would declare martial law. South Korea is facing significant political turmoil after Yoon declared martial law, only to lift the order hours later. Ezra Acayan / Getty ImagesThe U.S. relationship with South Korea “transcends any particular president or government on both sides of the Pacific Ocean,” State Department deputy spokesperson Vedant Patel said Thursday. A martial law proclamation issued after Yoon’s address banned all political activity, including demonstrations, and censored the news media.

Persons: Yoon Suk, Yoon, Han Dong, “, Ezra Acayan, Lee Jae, myung, ”, Lee, Biden, Vedant Patel, Kim Yong, Kim, Lee Sang, Han, Han Duck, Eun, ” Stella Kim, Jennifer Jett Organizations: South Korea — Lawmakers, People Power Party, Police, Yoon’s People Power Party, Democratic Party, U.S, Korea Nuclear Consultative Group, ” State Department, National Assembly, South Korean, Ministry of National Defense, Military, Supreme, National Intelligence Service, Dickey Center, Dartmouth, “, Constitutional Locations: SEOUL, South Korea, Seoul, U.S, Korea, Washington, North Korea, China, Russia, Hong Kong

That won't happen for another 45 days, but Donald Trump, the president-in-waiting, isn't shying away from acting like the president-in-reality. This weekend, Trump will join French President Emmanuel Macron in Paris for the reopening of Notre Dame Cathedral five years after it was devastated by fire. “Given the weakness of the current president and the speed at which things develop in the modern world, Trump is, in effect, a presumptive president,” said Newt Gingrich, a Republican former House speaker and a Trump ally. But Trump and a few of his predecessors haven’t hesitated to dip a toe into real-time crises if so moved. When President George W. Bush invited Obama to a meeting of world leaders devoted to the downturn, Obama declined.

Persons: Donald Trump, isn't, Trump, Joe Biden, Biden, —, ”, he’s, ‘, you’re, Jared Huffman, Emmanuel Macron, Trump’s, Hunter, “, Newt Gingrich, hasn’t, elect’s, haven’t, you’ve, ” Sean Spicer, He’s, Justin Trudeau, Trudeau, “ Trump, We’ve, we’ve, ” Barbara Perry, Perry, they’ll, Dwight D, Eisenhower, Syngman Rhee, Barack Obama, George W, Bush, Obama, George Bush Organizations: WASHINGTON, Trump, White House, Notre Dame Cathedral, White, Republican, Biden, Canadian, Mar, University of Virginia’s, Center for Public Affairs, South Korean, Washington Post Locations: Mexico, Canada, Gaza, Paris, Notre, Saharan Africa, Indiana, China, U.S, Trump’s Florida, United States, Korea, Middle

Biden’s senior aides inside the White House have been deliberating for weeks about the possibility of issuing preemptive pardons, according to the sources familiar with the discussions. One former senior White House official said aides inside the White House and across various federal agencies are intensely worried about the possibility that the incoming Trump administration will prosecute anyone deemed as having antagonized the president-elect. “Why not do it?”A White House spokesperson declined to comment. The former White House official who spoke to CNN, who is intimately familiar with the workings of the White House counsel’s office, said it would be typical for Siskel and his team to first put together a detailed memo to be presented to Biden. “It’s just such a different use of the pardon power,” said Neil Eggleston, former White House counsel to President Barack Obama.

Persons: CNN —, Donald Trump, Joe Biden, Biden’s, Trump, Liz Cheney, Jack Smith, Biden, –, “, Ed Siskel, Jeff Zients, Siskel, pardoning, ”, Smith, Emboldening Trump, Hunter, Hunter Biden, There’s, James Biden, hasn’t, Trump’s, “ It’s, Neil Eggleston, Barack Obama, Attorney Alvin Bragg, Fani Willis, Cheney, Nancy Pelosi, Adam Schiff, Kamala Harris “, Iowa pollster Ann Selzer, Harris, Hillary Clinton, James Comey, Andy McCabe, weren’t, John Kerry, Joe Scarborough, it’s, FWD.us, Kayla Tausche, Curt Devine Organizations: CNN, Biden White, Trump, Republican, Trump ., White House, Politico, White, DC, GOP, –, Justice Department, federal, Department, Manhattan, Attorney, Iowa pollster, Truth, Democratic, FBI Locations: Washington ,, Washington, ”, Fulton County, Russia, Ukraine, Iowa, Iran, DC, Zoë

☆ Yoon Suk Yeol: The ‘American Pie’-singing conservative who tried to suspend democracy – and failed
▼ + stars: | 2024-12-05 | by ( Helen Regan | ) edition.cnn.com time to read: +12 min

Seoul, South Korea CNN —Declaring martial law in a stable and boisterous democracy was an audacious gamble – and one that appears to have backfired spectacularly for South Korean president Yoon Suk Yeol. But the president’s short-lived declaration of martial law still felt like an attack to the heart of the country’s democracy. Helicopters fly after South Korean President Yoon Suk Yeol declared martial law, in Seoul, South Korea, on December 4, 2024. Soldiers try to enter the National Assembly building in Seoul on December 4 2024, after South Korea President Yoon Suk Yeol declared martial law. Many believe the botched martial law and subsequent democratic proceedings show that South Korean democracy is alive and well.

Persons: South Korea CNN —, Yoon Suk, Yoon’s, ”, Yoon Suk Yeol, Kim Hong, Kyung, ” –, Yoon, Joe Biden, ’, Don McLean, Jung Yeon, “, Antony Blinken, Park, Chip Somodevilla, Jae, Kang, Sung, Sydney Seiler, Lady Kim Keon Hee, Dior, Kim, Kim Keon Hee, “ Yoon, Ahn Byung, Donald Trump, Michel Barnier, Kwak Dong, Kwak, Kim Hyeon, Lee Jae, myung, Han Dong, Han, Hanna, Eunseo Jeong, Jessie Yeung, Rebecca Wright, Ivan Watson, Gawon Bae, Yoonjung Seo, Antoinette Radford Organizations: South Korea CNN, South, National Assembly, CNN, Helicopters, Reuters, United, House, Getty, South Korea, People Power Party, White, Seoul, Democratic Party, Min Consulting, Center for Strategic, International Studies, “, Korea Armed Forces, Kyung Hee University, Parliamentary Locations: Seoul, South Korea, South, Korea, Washington ,, North Korea, North, “, Seongnam, France, Korean

On the final day of his three-day trip, Biden traveled Wednesday to the port town of Lobito to hold a summit with leaders from Angola, Zambia, Tanzania and the Democratic Republic of Congo. President Joe Biden at the Port in Lobito, Angola on Wednesday. Andrew Caballero-Reynolds / AFP - Getty ImagesThe Lobito corridor rail and infrastructure project has been the centerpiece of the Biden administration’s efforts in Africa. President Joe Biden at the Aeroport de Catumbela in Catumbela, Angola before visiting the Lobito port. Biden said the shared history of Angola and the United States is a lesson for the world.

Persons: Joe Biden, ” Biden, It’s, Biden, Andrew Caballero, Reynolds, João Lourenço, Getty Images Biden, “, ” John Kirby, ” Organizations: Angola’s National Museum of, Democratic, White House, AFP, Getty, U.S . International Development Finance Corporation, Railway, Angolan, Getty Images, NBC News, Wednesday Locations: LUANDA, Angola, Corimba, Africa, Luanda, United States, Angolan, Lobito, Zambia, Tanzania, Democratic Republic of Congo, U.S, Congo, American, DRC, China, Catumbela

And he declared the US as “all-in on Africa” as he finally made good on a two-year promise to visit sub-Saharan Africa. While on the trip, Biden did not substantively weigh in on the matter, only briefly telling reporters he would receive a briefing on the situation involving a key US ally. Biden announced that the US will invest an additional $560 million for projects along the Lobito corridor, from continued infrastructure upgrades to helping build mobile networks. “The United States understands how we invest in Africa is as important as how much we invest,” Biden said Tuesday. But the Biden administration is hoping the investments the US is making now will pay off for the people of Africa in the years to come.

Persons: Joe Biden grinned, Hunter, Biden, Yoon Suk, Donald Trump, Emmanuel Macron, Trump, ”, ” Biden, João Lourenço, Felix Tshisekedi, Hakainde Hichilema, Philip Mpango, “, picturing, Antonio, Alexandra, ” Alexandra, “ I’m, You’re Organizations: Angola CNN, US, Democratic, South, Trump, Notre Dame Cathedral, Electric, Africa, Angolan, US Development Finance Corporation, Initiative, National Museum of, Biden Locations: Luanda, Angola, America, Africa, Saharan Africa, Washington, Lago, Palm Beach , Florida, Notre, Zambia, Democratic Republic of Congo, Tanzania, Lobito, DRC, Durban, South Africa, China, Beijing, United States, Russia

But that penny-pinching mentality hasn’t been enough to lift sales for Dollar Tree and Dollar General. Dollar Tree is also exploring selling off Family Dollar, its more grocery-focused brand. Family Dollar, which Dollar Tree acquired in 2015 for nearly $9 billion, is found in more urban areas and sells more food and household staples. The company plans to close about 1,000 Family Dollar stores and is exploring a potential sale of the business. Dollar Tree has more than 16,000 stores, while Dollar General has nearly 20,000 locations across the U.S.

Persons: Jeff Owens, Rick Dreiling, Peter Keith, Piper Sandler, ”, it’s, Todd Vasos, Goldman, Vasos, “, Piper Sandler’s Keith, Keith, John David Rainey, Joe’s, Mike Creedon, Creedon, Alasdair James, James, Donald Trump, CNBC’s Ryan Baker Organizations: Walmart, Dollar, Target, Goldman Sachs, Costco, Sam’s, Aldi, —, U.S . Department of Labor, federal, Safety, Health Administration, Trump Locations: U.S, Bentonville, Arkansas, China

LUANDA, Angola — President Joe Biden will make history Monday as he becomes the first American head of state to visit the West African nation of Angola, where he will showcase U.S.-backed infrastructure projects designed to link three nations. Biden will also announce initiatives related to global health and security cooperation, among other things, a senior administration official said Friday. “We’re preparing the ground for eventually reaching all the way to Tanzania, connecting the Atlantic and Indian oceans,” a second administration official said Friday, of the system which also runs through Zambia and Congo. U.S. investment, the senior administration official said, is spurring economic growth for people in Africa in ways that Chinese spending isn’t. Carlo Angerer reported from Luanda, Angola, and Aaron Gilchrist from Washington, D.C.

Persons: Joe Biden, Biden, João Lourenço, We’re, Ulisses Correia e Silva, Hurricane Milton, Carlo Angerer, Aaron Gilchrist Organizations: U.S, White, Angolan, Slavery Museum, Democratic, China Global Locations: LUANDA, Angola, West African, Saharan Africa, Luanda, Lobito, Tanzania, Zambia, Congo, China, Africa, Democratic Republic of the Congo, U.S, Cabo Verde, Hurricane, Washington ,

☆ Respecting an overbought market, we're booking profits in an AI leader facing competition
▼ + stars: | 2024-12-02 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Following Monday's trade, Jim Cramer's Charitable Trust will own 235 shares of MSFT, decreasing its weighting to roughly 2.85% from 3.12%. As a result of the rally, heading into the seasonably strong month of December, the market has become overbought, according to the S & P 500 Short-Range Oscillator . The Oscillator, which tracks trading momentum, climbed to plus 5.5.% after Friday's session Reading the Oscillator A reading above plus 4% indicates an overbought market that could be due for a rest or consolidation. When the stock market goes on a run like this and pushes into overbought territory, our discipline kicks in and we trim positions that have moved up. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Donald Trump, OpenAI, Jim Cramer, Jim Organizations: Microsoft, CNBC Locations: Copilots

CNN —President Joe Biden’s decision to pardon his son has left some Democrats fuming over his choice to repeatedly and unequivocally claim that he would never take that step, even though a pardon long appeared possible to Hunter Biden’s legal team. That comes despite the White House saying that a final decision on the pardon was reached only this weekend. Press secretary Karine Jean-Pierre said as recently as November 7 that a pardon for Hunter Biden was not being considered. Joe Biden’s decision to pardon his son presented a delicate balancing act for the president, who has long been fiercely loyal to his family, even when it comes at his own personal or political detriment. People close to the president’s son said they didn’t want him to have to undergo sentencing.

Persons: Joe Biden’s, fuming, Hunter, Joe Biden, Hunter Biden, Karine Jean, Pierre, Donald Trump, Biden, Trump, Charles Kushner, Bill Clinton, Roger, Greg Landsman, it’s, Colorado Sen, Michael Bennet, Greg Stanton, “, ” Stanton, “ Hunter, ”, ’, ’ ” Jean, ” Jean, Kamala Harris Organizations: CNN, White House, West Wing, Republican, “, ”, Ohio Democrat, Democrat, ” Democratic, West, Air Force Locations: Nantucket , Massachusetts, Ohio, Colorado, Arizona

The threats prompted a flurry of reactions from world leaders, including a phone call between Trump and Mexican President Claudia Sheinbaum and a visit to Mar-a-Lago from Canadian Prime Minister Justin Trudeau. It’s a major tool,” Hagerty added. Hagerty praised Patel, who has little experience in federal law enforcement, telling Welker, “There are serious problems at the FBI. Hagerty dismissed concerns about Gabbard, saying he plans to vote for her anyway. “I’m not familiar with the meetings that she’s had, and I certainly don’t have to agree with every point of every one of President Trump’s nominees, but I am here to support them,” he said.

Persons: Sen, Bill Hagerty, Donald Trump’s, ” Hagerty, Kristen Welker, ”, we’ve, Trump, Claudia Sheinbaum, Justin Trudeau, Hagerty, Chris Murphy, Conn, ” “ Donald Trump, ” Murphy, Kash Patel, Tulsi Gabbard, Patel, Welker, Bashar al, Assad, “ I’m, she’s, Trump’s Organizations: NBC, Press, Trump, Canadian, FBI, Democrat Locations: Canada, Mexico, United States, American, Aleppo, Gabbard

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