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☆ In an F-35 funding fight, Musk will need to win over a skeptical Congress and Trump
▼ + stars: | 2024-11-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

AdvertisementElon Musk sharply criticized the F-35 stealth jet and its builder, Lockheed Martin. Musk could target the expensive program as part of his efforts to cut federal spending under Trump. Congress has historically valued the stealth fighter flown by three military branches despite its problems. His comments suggest he could be eyeing the $2 trillion F-35 program, and possibly other fighter jets, for potential spending cuts. In fact, the House's defense spending bill for the 2025 fiscal year called for more F-35s than what the Pentagon initially requested.

Persons: Lockheed Martin, Donald Trump, Elon, Musk, Trump, Elon Musk, ANGELA WEISS, Samuel King Jr, President Trump, Clawson, Michael Bohnert, Bohnert, Cmdr, Darin Russell, Stacy Pettyjohn Organizations: Elon, Trump . Congress, Pentagon, Congress, Getty, Trump, Department of Government, Department of Defense, Lockheed, US Air Force, Navy, Air Force, Marine Corps, RAND Corporation, US Navy, Defense, Center, New, New American Security Locations: New American

The White House is in touch with federal law enforcement and the President-elect’s team, and continues to monitor the situation closely. A federal law enforcement source said none of those targeted were protectees of the US Secret Service. “Anytime a Member of Congress is the victim of a ‘swatting’ incident, we work closely with our local and federal law enforcement partners. Lee Zeldin, Trump’s pick to lead the Environmental Protection Agency, posted on X about a pipe bomb threat targeting his home. “A pipe bomb threat targeting me and my family at our home today was sent in with a pro-Palestinian themed message.

Persons: Vance, Donald Trump’s, “, ‘, ” Karoline Leavitt, Trump, ”, Joe Biden, ” “, Jack Smith, Tanya Chutkan, Elise Stefanik, Lee Zeldin, Brooke Rollins Organizations: CNN, FBI, White, Service, Trump, New York, GOP, United Nations, U.S . Capitol Police, US Capitol Police, Environmental Protection Agency, Secret Service, Department of Homeland Security Locations: Saratoga County, Washington, York State, U.S

☆ Musk, Ramaswamy to discuss DOGE with GOP leaders on Capitol Hill Dec. 5
▼ + stars: | 2024-11-27 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +2 min

Elon Musk and Vivek Ramaswamy will visit Capitol Hill to discuss government reform with Republican congressional leaders Dec. 5, House Speaker Mike Johnson, R-La., announced Wednesday. Johnson said the entrepreneurs will "discuss major reform ideas to achieve regulatory rescissions, administrative reductions, and cost savings" with GOP lawmakers. President-elect Donald Trump has named Musk and Ramaswamy co-chairs of a new outside advisory commission they have dubbed the Department of Government Efficiency (DOGE). Next week's planned meeting is the latest indication that Republican leaders in Congress are taking Musk and Ramaswamy seriously. Yet even the best efforts of Republican leaders in Congress may not be enough to enact many of these ideas.

Persons: Donald Trump, Elon Musk, Vivek Ramaswamy, Mike Johnson, Johnson, Ramaswamy, Musk, Spokespeople Organizations: SpaceX, Capitol, Republican, GOP, Department of Government Efficiency, White, Office of Management, Congress, Corporation for Public Broadcasting, Consumer Financial Protection Bureau, Tesla Locations: Brownsville , Texas, U.S

AdvertisementTrump's new DOGE commission, tasked with cutting spending, has floated laying off federal workers. Government employees told BI they're preparing by networking and freshening their resumes. President Bill Clinton also attempted to reduce federal spending and improve government efficiency with the National Performance Review, led by federal employees. Clinton's panel similarly succeeded in cutting 300,000 federal workers but only managed to get a quarter of proposals that required legislative action through Congress. One senior official at the Commerce Department told BI they anticipate a civil servant brain drain.

Persons: Donald Trump's, Jesus Soriano, who's, Elon Musk, Vivek Ramaswamy, Ramaswamy, Trump's, Brian Hughes, Vance, Soriano, he's, Ronald Reagan, Grace, Bill Clinton, Joyce Howell, —, it's, we're, lifer, Sheria Smith, I'd, Smith Organizations: of Government Efficiency, Business, of Health, Human Services, National Science Foundation, agency's American Federation of Government Employees, GOP, SpaceX, Roivant Sciences, DOGE, of Housing, Urban Development, Veterans Affairs, Homeland Security, Management, Street, Trump, America, Grace Commission, US Postal Service, Postal Service, Environmental Protection Agency, Food and Drug Administration, FDA, of Labor Statistics, Commerce Department, BI, Department of Education, Education Department, aaltcheck Locations: America

☆ Analysis: Tariff-happy presidents are not what the Constitution envisioned
▼ + stars: | 2024-11-27 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

The tariffs might also violate the very trade agreement Trump negotiated with Mexico and Canada during his first term. This is not what the Constitution envisionedAfter all, the Constitution specifically gives Congress, not the president, the power to “regulate Commerce with foreign Nations.”How does Trump have the power to impose tariffs without any input from Congress? It’s pretty much the opposite of what’s in the Constitution, and it didn’t happen right away. In 1934, they passed the Reciprocal Trade Agreements Act, which gave the president power to lower import duties for countries with which the US had trade agreements. In the 1970s, Congress gave the president new trade promotion authority power to negotiate trade agreements and then have Congress ratify them without amendment.

Persons: CNN —, Donald Trump’s, Trump, Doug Irwin, ” Smoot, Hawley, Sen, Reed Smoot, Willis Hawley, Smoot, Franklin D, Roosevelt, Irwin, it’s, Barack Obama, Joe Biden, Trump’s, Qilai Shen, ” Irwin, ’ Trump’s, CNN’s Priscilla Alvarez, ”, Alvarez, Claudia Sheinbaum, “ Organizations: CNN, Trump, Nations, Dartmouth College, Democratic, Trump’s Commerce Department, GOP, Congress, Workers, Bloomberg, Getty Locations: Canada, Mexico, China, what’s, Utah, Willis Hawley of Oregon, Europe, Pacific, Shanghai

☆ Ukraine had to recall 100,000 artillery shells amid complaints they'd get stuck in launchers and weren't exploding
▼ + stars: | 2024-11-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Ukraine's defense ministry issued a recall of 120mm artillery shells this week, citing defects in a recently delivered batch of rounds. The defective 120mm rounds — light artillery shells that Ukraine typically uses in mortars — were first reported in early November by Censor.Net, a local media outlet run by journalist Yuriy Butusov. Ukroboronprom and the Ukrainian Defense Ministry did not respond to requests sent outside regular business hours by Business Insider. Globally, Ukraine's allies have also struggled to quickly scale up production of artillery shells. On November 19, Ukrainian President Volodymyr Zelenskyy said domestic factories had produced 2.5 million artillery shells and mortar rounds in 2024 alone.

Persons: Censor.Net, Yuriy Butusov, Yuriy Nikolov, Ukroboronprom, Suspilne, Volodymyr Zelenskyy Organizations: Factory, Local, TSN, NATO, Ukroboronprom, Ukrainian Defense Ministry, Business, Suspilne Locations: Ukraine, Ukrainian

☆ Pentagon unlikely to use all of the billions Congress authorized it to spend on Ukraine weapons before Biden leaves office, officials say
▼ + stars: | 2024-11-27 | by ( Oren Liebermann | Natasha Bertrand | Katie Bo Lillis | ) edition.cnn.com time to read: +6 min

CNN —The Pentagon is unlikely to use all of the billions of dollars authorized by Congress to arm Ukraine before President Joe Biden leaves office, according to two US officials and three defense officials. For months, the US has run into the limits of its ability to replenish its own weapons inventories, which limited what the Biden administration has been able to send Ukraine. In September, Biden committed billions of dollars in military aid to Ukraine as President Volodymyr Zelensky visited the White House. The US announced a $1 billion military aid package for Ukraine that same day. But the value of aid packages quickly dipped, as the stockpiles of weapons and equipment the Pentagon was able to send Kyiv dwindled.

Persons: Joe Biden, Biden, Sabrina Singh, “, Donald Trump, Trump, Mike Waltz, ”, Jake Sullivan, “ We’re, Volodymyr Zelensky, what’s, Mike Johnson, “ It’s, ” Biden Organizations: CNN, Congress, Defense Department, Pentagon, Street Journal, ” State Department, Kyiv, Biden, DoD, White, Administration, US, Ukraine Locations: Ukraine, Russia, America

Back in 2006 in Italy, newly elected Vladimir Luxuria was briefly barred from using the ladies' room when she took her seat in Parliament. "What is happening to Sarah McBride is rank politics." "So I am very sympathetic to Sarah McBride." During her four years in the Polish Parliament, Grodzka also faced verbal attacks and was repeatedly misgendered by fellow Polish lawmaker Krystyna Pawlowicz. In recent years — nearly a decade after she left Parliament — Grodzka is still occasionally on the receiving end of personal attacks from Polish lawmakers, as the country's right-wing has embraced anti-LGBTQ sentiments.

Persons: Sarah McBride, Vladimir Luxuria, McBride, Nancy Mace, Donald Trump, ”, Mace, Mike Johnson, Sarah McBride Bill Clark, Getty Images McBride, ” Luxuria, Georgina Beyer, Anna Grodzka, Luxuria, Elisabetta Gardini, Silvio Berlusconi, Gardini, huff, Kamala Harris ’, Biden, Harris, Grodzka, Krystyna Pawlowicz, “ Krystyna, Grodza, — Grodzka, Beyer, “ Organizations: U.S . Congress, NBC News, South Carolina Republican, Republican, Trump, Getty Images, NBC, Republicans, NFL, Pink News Locations: Italy, Delaware, Rome, New Zealander, Polish, Britain

That means buyers can combine existing tax credits with the deep discounts on offer over the next three months. Hours after Newsom announced his proposal Monday, Bloomberg News reported that his office planned to exclude Teslas from any state rebate program, citing an idea to limit the proposed aid based on automakers’ EV market shares. The current federal tax credit also applies to leases, and some dealerships are exploiting a loophole that allows EV lessees to qualify for the full $7,500 credit without meeting income or manufacturer requirements. In a recent Edmunds analysis of mid-priced vehicles leased this year, the average monthly payment for EVs when factoring in tax credits was $428, far lower than the $572 for vehicles with gas engines. “If the tax credit goes away and it’s a significant amount that’s being utilized by dealers, you’ll have them rather upset for a while,” Drury said.

Persons: Donald Trump, EVs, ”, Jay Turner, Gavin Newsom’s, Turner, Biden, “ We’re, ” Newsom, Trump, he’d, Karoline Leavitt, Ivan Drury, ” Drury, who’s, Drury, I’d, ” Turner, Elon Musk, Trump’s, Musk, Tesla, Newsom, “ It’s, you’re, ” Buyers Organizations: Wellesley College, Republican, White House, Trump, Cox Automotive, U.S, Congress, Trump White, “ Department, Government, Bloomberg News, ’ EV, NBC News, EV lessees, ” Locations: California, Colorado and Massachusetts, Edmunds, China, Mexico, Canada, U.S

Here are nine key senators to watch in the nomination battles. The incoming majority leader is nobody’s idea of an ultra-MAGA Republican, but he understands his assignment: advance the Trump agenda. Does he choose to be a heat shield for members who quietly want to buck Trump without doing so publicly? The answers will set the tone for a long-awaited new era facing the Senate GOP. Sen. Mitch McConnell, R-Ky.McConnell is the ultimate free agent as he relinquishes the job of Senate Republican leader after a record 18 years.

Persons: Donald Trump, Matt Gaetz, JD Vance, Sen, Susan Collins, Trump, Collins, Lisa Murkowski, Murkowski, Trump’s, That’s Lisa Murkowski’s, Wade, John Thune, Mitch McConnell, Ky, McConnell, Will McConnell, MAGA, He's, Gaetz, Tulsi Gabbard, Thom Tillis, Tillis, won’t, Bill Cassidy, Cassidy, Robert F, Kennedy Jr, ’, John Curtis, Mitt Romney, Curtis, Utah GOP Sen, Mike Lee, He’s, ”, Carlos Curbelo, “ I’m, ” Curtis, Will Curtis, Romney, John Fetterman, Fetterman, “, that’s, Mehmet Oz, “ He’s, they’re, I’m, ” Sen, Jon Ossoff, He’ll Organizations: WASHINGTON, Republican, Republicans, Trump, Democratic, Collins, MAGA Republican, GOP, AG, NATO, Health, Education, Labor, Pensions, Human Services, Utah GOP, NBC News, Capitol, NBC Locations: Maine, Alaska, Roe, Russia, Trump's, North Carolina, Utah, R, Florida, Trump, Israel, Gaza, Georgia

☆ ‘Ernest Cole: Lost and Found’: The anti-apartheid photographer who turned his lens on Black America
▼ + stars: | 2024-11-26 | by ( Thomas Page | ) edition.cnn.com time to read: +10 min

“He left South Africa and resettled in the United States in 1966,” it ends, before listing his survivors. The image, taken by South African photographer Ernest Cole, is one of thousands taken during his time in exile in the United States. Not looking for an impression but authenticity, he cast the American actor over a South African. Courtesy Magnolia PicturesIn the film, Cole despairs, “exile is destroying us one by one.”“You leave your country heartbroken,” the director said. Inside were around 60,000 Cole negatives, spanning South Africa and the US, plus his notes and contact sheets.

Persons: Ernest Cole, Cole, Nelson Mandela, Cole’s, “, ”, Muhammad, Raoul Peck, LaKeith Stanfield, “ Ernest Cole, Peck, James Baldwin, Patrice Lumumba, ‘, Stanfield, it’s, Magnolia Pictures Cole, Jim Crow, ” Peck bristled, It’s, ” –, Hébert B, Peck – “, Cole despairs, I’ve, Leslie Matlaisane, Ernest Cole Family, SEB, — Organizations: CNN, New York Times, “, Islam, Cannes Film, Aperture, Democratic, Magnolia, Magnolia Pictures, Ford Foundation, Liberal, ANC, African National Congress, SWAPO, Ernest Cole Family Trust Locations: Manhattan , New York, South Africa, South, United States, New York City, African, Haitian, American, Democratic Republic of Congo, DRC, Pretoria, New York, Harlem, Black America, Haiti, France, Berlin, Brazil, Nicaragua, —, York City, “, Africa, Sweden, America, Swedish, ”

☆ Philippine president vows to fight back after assassination threat by estranged VP
▼ + stars: | 2024-11-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

MANILA, the Philippines — Philippine President Ferdinand Marcos Jr. vowed Monday to fight back against what he called reckless and troubling threats against him, speaking out after his estranged vice president said he would be assassinated if she herself were killed. “If planning the assassination of the president is that easy, how much more for ordinary citizens?” he said. Sara Duterte told reporters she had yet to hear the president’s statement but she recalled the 1983 assassination of former Senator Benigno Aquino, for which she blamed the Marcos family, without giving proof. “The whole nation fought back when their family killed Benigno Aquino Jr.,” Duterte told reporters. Rodrigo Duterte told the hearings that he was solely responsible for the bloody crackdown and has urged the ICC to “hurry up” with its investigation.

Persons: Ferdinand Marcos Jr, Marcos, Sara Duterte, Rodrigo Duterte, ” Marcos, ” “, ”, Benigno Aquino, Aquino, Ferdinand Marcos, “, Benigno Aquino Jr, ” Duterte, Sara Duterte’s, Duterte, Jesse Hermogenes Andres, ” Andres, Martin Romualdez, ” Sara Duterte’s Organizations: firebrand, National Bureau of Investigation, ”, National Security Council, ICC Locations: MANILA, Philippines, Philippine, Manila

☆ Escaping Trump’s tariffs has required navigating a ‘broken’ system vulnerable to corruption, businesses and academics say
▼ + stars: | 2024-11-26 | by ( Matt Egan | ) edition.cnn.com time to read: +10 min

And it underscores frustrations with a tariff exclusion process launched during the first Trump administration that is often described as murky and messy. It’s not clear how or when those higher China tariffs will take effect – nor whether businesses will again have the opportunity to apply for exclusions. But what is clear is that the USTR’s tariff exclusion process during the first Trump administration raised significant concerns in Corporate America. The Trump transition did not provide details on what a tariff exclusion process will look like in the new administration. The researchers did not study tariff exclusions under the Biden administration.

Persons: Bobby Djavaheri, Djavaheri, ” Djavaheri, ”, Tom Madrecki, General Mills, Molson, Donald Trump, It’s, Trump, Brian Hughes, Vance, ” Hughes, USTR, “, ” Relatedly, Jesus Salas, ” Salas, Salas, –, “ It’s, Biden, Sam Michel, Michel, Veljko Fotak, hasn’t, ” Fotak, David French, ” Madrecki, “ We’re Organizations: New, New York CNN, Trump, United States Trade Representative, Consumer Brands Association, Molson Coors, Corporate America, Lawmakers, CNN, Commerce, Companies, Republican, Financial, Democratic, Lehigh University, SUNY Buffalo, Biden, National Retail Federation Locations: New York, China, Trump

☆ Trump’s tax proposals are a step closer to reality. Here’s what it means for your portfolio
▼ + stars: | 2024-11-26 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

The Tax Cuts and Jobs Act, which went into effect in 2018, overhauled the federal tax code. The legislation roughly doubled the standard deduction, tweaked the individual income tax brackets and trimmed rates. It also applied a $10,000 cap on the state and local tax deduction, and it nearly doubled the estate tax exemption. Prepping for 2025 Investors can set up their portfolios for success heading into 2025, especially now that they still have some certainty on the tax climate for next year. Eligible IRA owners can exclude up to $105,000 in QCDs from their taxable income in 2024.

Persons: Donald Trump, Stephen Bigge, Rafia Hasan, you've, Hasan, Rachel Elson, it's Organizations: Republican, Keebler, Associates, Senate, Perigon Wealth Management, Internal Revenue, Moderna, Intel, that's Locations: Washington, Green Bay , Wisconsin, San Francisco, QCDs

☆ Proposed law aims to help Americans save more for retirement—but could end up hurting Gen Z, millennial workers
▼ + stars: | 2024-11-26 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

The bipartisan legislation, introduced to Congress in 2023, would create a federal workplace retirement account for workers, similar to a 401(k). Such a plan would undoubtedly improve outcomes for those who wouldn't have otherwise have access to workplace retirement accounts, a recent study from Morningstar finds. Matching tax credit: Workers under a certain salary threshold would be eligible for a "match" in the form of a federal tax credit. Workers under a certain salary threshold would be eligible for a "match" in the form of a federal tax credit. "A lot of people would think of this federal plan as their [only] plan," he says.

Persons: Uncle Sam, Spencer Look, there'd Organizations: Savings, Morningstar, Workers

☆ Lauren Boebert took down her shortlived Cameo account that offered videos for $250
▼ + stars: | 2024-11-26 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

AdvertisementRep. Lauren Boebert joined Cameo on Saturday, offering personalized videos for $250 and up. Rep. Lauren Boebert has taken down her Cameo account just days after creating it. The firebrand Colorado conservative joined the online platform on Saturday, offering personalized videos for a starting fee of $250. However, by becoming the first Congress member to join the platform while holding office, Boebert may have broken House ethics rules. AdvertisementThe rules state that House members are not allowed to receive any payment of money or a thing of value for an appearance, speech, or article.

Persons: Lauren Boebert, Cameo, Marjorie Taylor Greene, Boebert, Matt Gaetz, Donald Trump, George Santos, Aaron Scherb, Scherb, didn't Organizations: Republican, firebrand Colorado, Former, Colorado Politics, Congressional District, Congressional Locations: Florida, George Santos of New York, Colorado's

U.S. President-elect Donald Trump at a viewing of a test-flight launch of the SpaceX Starship rocket in Brownsville, Texas, Nov. 19, 2024. Brandon Bell | Getty Images News | Getty ImagesAs Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Yet the energy sector climbed 22.9% under Biden as of Nov. 19, despite the administration's push for renewables and sustainability. As president, Trump is expected to embrace crypto more than any of his predecessors. When Biden won in 2020, there was a lot of panic about the outlook for energy, oil and gas.

Persons: Donald Trump, Brandon Bell, Jeremy Goldberg, Goldberg, Larry Adam, Raymond James, Trump, Adam, Biden, Monty Rakusen, John Murphy, Murphy, Callie Cox, Cox, Greg Iacurci Banks, Jamie Dimon, Andrew Harrer, Brian Spinelli, Halbert Hargrove, Spinelli, David Rea, Lorie Konish, Bill Varie, —, — Greg Iacurci Crypto, Kevin Wurm, Matt Apkarian, Apkarian, Christina Lynn, there's, Lynn, — Lorie Konish, Cooper Neill, Joe Biden, Mike Cerasoli, Cerasoli, you'll, — Lorie, Images Trump, Robert F, Kennedy Jr, bode, David Weinstein, Weinstein, Chris Unger, Charles, Vivek Ramaswamy, Greg Iacurci, Thomas Barwick, Ted Decker, Decker, TJ Maxx, Lorraine Hutchinson, — Greg Iacurci, Donald J Organizations: SpaceX, Getty, Trump, Professional Advisory Services, Digitalvision, EV, Biden, Bank of America Securities, Ford, Ritholtz Wealth Management, U.S . Federal, JPMorgan Chase &, White, Bloomberg, CNBC, Salem Investment, Bank, — Greg Iacurci Crypto Republican, Reuters, bitcoin, Liberty Financial, Cerulli Associates, Mariner Wealth, — Lorie Konish Energy, Double Eagle Energy Holdings LLC, Eagle Global Advisors, Images, Department of Health, Human Services, RFK, U.S . Senate, Merck, Pfizer, Dana Investment, Affordable, Publicly, HCA Healthcare, UFC, Madison, Garden, Ufc, Medical, Charles River Laboratories, Food and Drug Administration, of Government, Retailers, Walmart, Marshalls, Google, Twitter, Trump National Golf Club, Washington Post Locations: Brownsville , Texas, California, U.S, Iran, Venezuela, Washington, Long Beach, Calif, Salem, Winston, Salem , North Carolina, Ritholtz, Nashville , Tennessee, cryptocurrency, Lynn, Midland , Texas, Houston, New York, China, North America, HomeGoods, Bedminster , NJ, Jabin

☆ Scott Turner, a former NFL player and Trump’s pick to lead Housing and Urban Development, faces a difficult task
▼ + stars: | 2024-11-26 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

Donald Trump ran on the promise of steep government budget cuts, and some industry experts believe money flowing toward HUD could be on the chopping block. The housing agency provides rental assistance for low-income households, administers mortgage insurance to prospective homeowners and enforces fair housing law. During Trump’s first term, his office repeatedly sought to make steep cuts to HUD’s budget, though they never passed Congress. If Trump successfully implements budget cuts “there will be longer waiting lists for housing vouchers. Liz Osborn, the vice president of policy at Enterprise Community Partners, a nonprofit focused on home access and affordability, said that HUD budget cuts in Trump’s second term aren’t a guarantee, though.

Persons: Scott Turner, Donald Trump, ”, Bob Greenstein, Turner, Ben Carson, Trump’s, Carl Harris, ” Harris, Bob Broeksmit, Broeksmit, Trump, Ginnie Mae, ” Broeksmit, Elon Musk, Vivek Ramaswamy, that’s, Howard Husock, Biden, ” Husock, Husock, Liz Osborn, “, ” Osborn, ” Turner, ” Trump, JPMorgan Chase Organizations: CNN, Department of Housing, Urban Development, Brookings Institution, NFL, National Association of Home Builders, HUD, Mortgage Bankers Association, Federal Housing Administration, “ Department, Government, American Enterprise Institute, Enterprise Community Partners, White, Economic, Scott’s, Urban Institute, JPMorgan Locations: America, Trump’s

☆ Why green investments have become the last line of defense for Biden’s climate agenda
▼ + stars: | 2024-11-26 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +20 min

CNN —Can the green shoots of clean energy break through the “brown blockade”? Those huge current and planned investments in new manufacturing plants may represent the sole opportunity to preserve any elements of Biden’s blueprint for growing the domestic clean energy industry. Republican districts are slated to receive an equally large share of another $435 billion in clean energy projects that have been announced but not yet built, the analysis found. The US reliance on the fossil fuels driving climate change has been declining for years, but only at a modest pace. Yet interrupting that transition by repealing the federal policies benefiting clean energy remains a dangerous gamble.

Persons: Donald Trump, Trump, Joe Biden’s, Biden –, ”, Lori Lodes, ‘, I’ve, Trump’s, Tammy Baldwin, John Fetterman, Kamala Harris, Chris Wright, ’, Lee Zeldin, Elizabeth Conley, “, Jason Walsh, ” Lodes, Robert McNally, George W, Bush, McNally, Walsh, ” Walsh, Joseph Shapiro, Shapiro, EVs, Ben King, King, ” King, ” Shapiro Organizations: CNN, GOP, Republican, Climate Power, Trump, federal Energy Information Administration, Senate, Electoral College, Energy Information Administration, Democratic, Biden, ExxonMobil, Environmental Protection Agency, “, Massachusetts Institute of Technology, Rosendin, Houston Chronicle, Power, BlueGreen Alliance, Republicans, Hyundai, Bloomberg, Getty, University of California Locations: America, United States, Wyoming , Louisiana, North Dakota, West Virginia, Alaska , Montana , Oklahoma, Texas, Iowa, Nebraska, Kansas, Ohio, Indiana , Michigan, Wisconsin, Massachusetts, New York, Virginia, Maryland, Washington , Oregon, California, West Virginia , Montana and Ohio, Pennsylvania, New Mexico, Michigan, – Michigan, Washington, Liverpool , Texas, Georgia, Ellabell , Georgia, Berkeley

☆ Musk's F-35 jab could be a preview of the fights DOGE will wage to cut government spending
▼ + stars: | 2024-11-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Cookbook authors and chefs explain how you can make almost any part of your holiday meal in a Crock-Pot . Today, we're looking at what Elon Musk's jab at the F-35 says about the debate over using manned fighters or drones in warfare . AdvertisementWith promises of cutting trillions of dollars in government spending, DOGE will need to swing big. Drone usage in combat is on the rise, as is evident in the Ukraine war, and offers benefits around cost. Zoom is taking an AI-first approach to corporate communications , CEO Eric Yuan wrote in a company blog post published Monday.

Persons: Elon, Marc Piasecki, Chelsea Jia Feng, Matthew Loh, Mia Jankowicz, Donald Trump's, Lockheed Martin, Vivek Ramaswamy, Clawson, Ryan Pickrell, Mia, Justin Sullivan, he'll, Trump, Warren Buffett, he's, Pavlo Gonchar, Eric Yuan, it's, Jenny Chang, Rodriguez, Dan DeFrancesco, Grace Lett, Ella Hopkins, Amanda Yen, Jack Sommers, London.Milan Sehmbi Organizations: Business, of Government, Lockheed, Aerospace, Defense, Hezbollah, Super, Republican, Images Trump, Social, Key Square, Scott, Berkshire Hathaway, Getty Images, Communications, Aldi, Google Locations: Israel, Ukraine, Canada, Mexico, China, New York, Chicago, London, London.Milan

☆ Hong Kong is becoming a hub for financial crime, US lawmakers say
▼ + stars: | 2024-11-26 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Hong Kong has become a center for money laundering and sanctions evasion under the tightening grip of Beijing, US lawmakers have warned, calling for a re-evaluation of America’s close business relationship with the Asian financial hub. “We must now question whether longstanding US policy towards Hong Kong, particularly towards its financial and banking sector, is appropriate,” they added. Rubio, a fierce critic of Beijing’s crackdown on Hong Kong, has sponsored legislation that sanctioned Chinese and Hong Kong officials for alleged human rights violations in the city. This has massive implications for US businesses with big exposure to Hong Kong,” Fish said. “Sadly, the idea of Hong Kong as autonomous from China is now a farce … US companies need to understand that their Hong Kong operations will likely fall under increased scrutiny.”

Persons: Janet Yellen, ”, “, Donald Trump, Hong Kong, John Moolenaar, Raja Krishnamoorthi, Trump, Marco Rubio, Rubio, Scott Bessent, Isaac Stone Fish, Bessent –, ” Fish Organizations: Hong Kong CNN, CNN, US Treasury Department, Hong, European Union, Treasury Department, Republican Rep, White, US Locations: Hong Kong, Beijing, China, Washington, Hong, Russia, North Korea, People’s Republic of China, Iran, Ukraine, Russian, United Kingdom

☆ Orange partners with OpenAI, Meta to develop custom African-language AI models
▼ + stars: | 2024-11-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Joan Cros | Nurphoto via Getty ImagesFrench telecoms giant Orange on Tuesday said it's partnering with Microsoft -backed OpenAI and Facebook-owner Meta to build custom artificial intelligence models designed to better understand regional African languages. Orange said it's working with OpenAI and Meta to develop custom AI models built on their respective Whisper and Llama open-source AI models — openly available systems that can be adapted to meet specific needs — that can understand West African languages not understood by most conversational systems. The open-source AI models will be provided externally by Orange with a free license for non-commercial uses including public health and education, the company said. Orange plans to expand its custom AI model initiative to eventually cover all 18 West African countries. In addition to using AI systems to improve customer service, Orange is also using the tech to improve a core part of its business: mobile networks.

Persons: MSFT ORA, Joan Cros, it's, Meta, Orange, Steve Jarrett, Orange's, Jarrett, Claude aren't Organizations: Mobile, Nurphoto, Getty Images, Microsoft, Facebook, Meta, CNBC, West Locations: Barcelona, Spain, Orange, United States, Europe, East, Africa, Senegal, Gambia, Mauritania, West

☆ One major challenge facing Trump’s chosen health leaders: Keeping politics separate from science
▼ + stars: | 2024-11-26 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +13 min

A key challenge for all of the Trump administration’s new public health leaders, the experts said, will be keeping politics out of science. CNN has reached out to Nesheiwat and Makary for comment and did not receive a response. Some said that could put them at odds with Kennedy, whom Trump has chosen for the nation’s top health post as HHS secretary. It doesn’t seem that he has much experience working in the field of public health,” said Castrucci, an epidemiologist who is president and CEO of the de Beaumont Foundation, a nonprofit focused on strengthening the US public health system. The US surgeon general typically serves as the voice of the administration’s public health policy while promoting their own agenda of issues that they feel are important to the health of American people.

Persons: Donald Trump’s, Johns Hopkins, CNN —, Janette Nesheiwat, David Weldon, Marty Makary, Makary, Robert F, Kennedy Jr, Weldon, Trump’s, Katie Miller, Trump, Mr, Kennedy, ’ Dr, Ashish Jha, Joe Biden, Jha, “, ” Jha, “ There’s, ” Weldon, ” Dr, Jerome Adams, Weldon’s, ” Adams, Peter Hotez, ” Hotez, “ That’s, ”, Jennifer Nuzzo, Amesh, ” Adalja, Brian Castrucci, he’s, there’s, That’s, ” Castrucci, Paul Offit, Weldon “, you’d, Offit, ” Offit, hasn’t, Hotez, Nesheiwat, Dr, Sanjay Gupta, CNN’s Kaitlan Collins, ” Nuzzo, CNN’s Jacqueline Howard, Brenda Goodman, Meg Tirrell Organizations: CNN, Fox News, US Centers for Disease Control, US Food and Drug Administration, Public, FDA, US Department of Health, Human Services, CDC, Trump, HHS, Brown University’s School of Public Health, White, US Public Health Service, Texas Children’s, Covid, Pandemic, Brown University School of Public Health, Johns Hopkins Center for Health Security, “, de, Foundation, Assurance, Agency for Vaccine, Disease Control, Vaccine Education, Children’s Hospital of Philadelphia, Weldon, Studies, CNN Health, Kennedy’s, RFK Jr, Health Locations: New York, Florida, Weldon, Texas, Tampa, CDC’s

The developers would only need to reveal the training material that is “sufficient to identify with certainty” whether the copyright holder’s works were used. Failing to comply would create a legal assumption — until proven otherwise — that the AI developer did indeed use the copyrighted work. Sen. Peter Welch, D-Vt., who introduced the bill Thursday, said the country must “set a higher standard for transparency” as AI continues to integrate itself into Americans’ lives. “We need to give America’s musicians, artists, and creators a tool to find out when A.I. Companies that rely on human creative labor have tried to take on AI developers as well.

Persons: Sen, Peter Welch, ’, ” Welch, don’t, Oscar, Julianne Moore, James Patterson, Radiohead’s Thom Yorke —, Welch, Recording Academy — Organizations: Artificial Intelligence Networks, New York Times, Street Journal, Screen, American Federation of Television, Radio Artists, American Federation of Musicians, Recording Academy, Universal Music Group, Warner Music Group, Sony Music Locations: deepfakes, California

As President-elect Donald Trump’s choice to lead the CDC, Dave Weldon, a former congressman from Florida and a physician, is positioned as an important anti-vaccine ally for Robert F. Kennedy Jr., Trump's pick for health secretary. The CDC is responsible for tracking and responding to infectious diseases, developing vaccine guidelines, collecting and analyzing health data and managing public health emergencies. The CDC provides vaccine recommendations for the public, including the pediatric vaccine schedule, which is followed by schools and parents. “This puts CDC, and HHS, in the driver’s seat for determining vaccine recommendations going forward,” she said. As HHS secretary, Kennedy could replace members of the ACIP with anti-vaccine advocates who make recommendations that the CDC approves, Reiss speculated.

Persons: Donald Trump’s, Dave Weldon, Robert F, Kennedy Jr, Weldon, Kennedy, ”, Dorit Reiss, “, Donald Trump, Tim Shortt, Reuters Kennedy, Weldon ‘, Trump, wouldn’t “, Jennifer Kates, Kates, Reiss, doesn’t, ” Reiss, Dr, Peter Hotez, “ We’ve, that’s, ” Hotez, we’ve, “ Who’s Organizations: Centers for Disease Control, of, CDC, Department of Health, Human Services, Senate, U.S, HHS, University of California Law, Trump, Florida Today, Reuters, NBC News, Global Health, HIV, Democratic, Affordable, Texas Children’s Hospital, Vaccine Development, World Health Organization Locations: Florida, U.S, of Florida, Francisco, Melbourne, Fla, Texas, pertussis

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