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House set to adjourn as possible government shutdown looms
  + stars: | 2023-09-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse set to adjourn as possible government shutdown loomsCNBC’s Emily Wilkins joins ‘Power Lunch’ to report on the current state of the U.S. House of Representatives.
Persons: Emily Wilkins Organizations: U.S . House
Caleb Hanna, a Republican in West Virginia’s House of Delegates, also said his clothes could set him apart from colleagues. On Fridays, he said, there is a tradition among some Republican members of the State House of Delegates to wear camel suit jackets, a decades-old ritual in which he has not participated. “I think that politics today is a lot different from politics of the past,” Delegate Hanna, 23, said. He started wearing the beret while organizing Black Lives Matter protests in 2020, he said. Later, when he announced his campaign for City Council, it became a way for people to recognize him.
Persons: Caleb Hanna, , Hanna, ” Mr, Vineyard Vines, , “ I’m, Chi Ossé, . Martens, Ossé Organizations: Republican, West Virginia’s House, State, Vineyard, City Council, Black Panthers, New Locations: West Virginia’s, West Virginia, Brooklyn, City
SACRAMENTO, Calif. (AP) — Legislative workers at the California Capitol are close to forming their first labor union after state lawmakers approved a bill Wednesday that allows them to organize. But despite California lawmakers' pro-union stance, the people who work for them have never been allowed to form a union. An attempt to do so last year failed to get a vote in the state Assembly. INVOLUNTARY SERVITUDEThe state Assembly approved a proposal to change the state constitution to remove exemptions to involuntary servitude as a punishment for crime. The proposal would have to get a two-thirds vote in the state Senate, which doesn’t plan to vote on it until next year.
Persons: Gavin Newsom, , Tina McKinnor, , , Newsom, Assemblymember Carlos Villapudua, Villapudua, James Gallagher, doesn’t, Sen, Shannon Grove, Chris Ward, ” Ward, ___ Sophie Austin, Austin @sophieadanna Organizations: , California Capitol, Legislature, Democratic Gov, Legislative, Democratic, Republican, Democrats, FOSTER, Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California, Newsom’s
REUTERS/Fabian BimmerAug 3 (Reuters) - Electric truck maker Nikola Corp (NKLA.O) said on Thursday it had garnered enough support for a proposal to increase the number of shares it can issue, opening the doors to much-needed capital. To reduce cash burn, Nikola announced layoffs in June and liquidated assets of a recently acquired EV battery maker. But investors have been closely scrutinizing cash reserves at Nikola and other electric-vehicle makers worried about more share disposals to raise funds diluting their stakes. Opposing the vote vocally was Nikola's founder and top shareholder Trevor Milton, who has also called for a change in leadership. Shares of Nikola, which have soared nearly 60% this year to Thursday's close, fell 3.7% in after-hours trading.
Persons: Nikola, Fabian Bimmer, Nikola Corp, Michael Lohscheller, Trevor Milton, Milton, Thursday's, Abhirup Roy, Gerry Doyle, Lisa Shumaker Organizations: IAA Transportation, REUTERS, Nikola, EV, Thomson Locations: Hanover, Germany, San Francisco
Electric truck maker Nikola won shareholder approval to issue new stock, the company said late on Thursday. Nikola was forced to adjourn its annual meeting in June, and again in July, after the total votes fell short of the number required to pass the proposal. That proposal also passed, but not until after Nikola adjourned last year's annual meeting three times to drum up more votes. However, that law changed on Aug. 1, and now only a simple majority of shares voted is required to approve an increase in authorized shares. Nikola had originally asked shareholders to approve the proposal ahead of its June 6 annual meeting.
Persons: Nikola, Trevor Milton, Milton Locations: U.S, Canada, Delaware
The European Union approved the deal in May, when it accepted commitments to license games to rival platforms. At the same time, Microsoft offered a "detailed and complex" new proposal to the CMA, prompting the regulator to take the unprecedented step of reopening talks. The CMA said it was awaiting further Microsoft submissions on what had changed and how it would restructure the transaction. "We will then consider whether the proposals create a new merger situation and address the CMA's competition concerns," a spokesperson said on Tuesday. CLOSED FOR BUSINESSAfter the CMA block, Microsoft thundered that Britain was closed for business; exactly what the government did not want to hear as it tries to reignite the economy after the uncertainty sparked by Brexit.
Persons: we've, Becket McGrath, they're, Brexit, Tom Smith, Brad Smith, Jeremy Hunt, Meta, Smith, Marcus Smith, Gareth Mills, Charles Russell Speechlys, Sam Tobin, James Davey, Kate Holton, Sharon Singleton Organizations: CMA, Microsoft, U.S, Activision Blizzard, Markets Authority, Xbox, FTC, Reuters, European Union, Activision, CAT, Euclid Law, Geradin Partners, Brexit, Britain's, Facebook, Meta, Markets Unit, Thomson Locations: U.S, Barcelona, Brexit, London, Brussels, British, United States, Britain
Electric heavy-truck maker Nikola will find out later Thursday whether its shareholders have approved its plan to raise money by selling more stock. Nikola first put the plan to its shareholders at its annual meeting in June. While 77% of those who voted were in favor, there weren't enough total shares voted to pass the proposal. This isn't the first time that Nikola has had to adjourn a shareholder meeting to drum up more votes for a proposal to sell new stock. Last year's annual meeting was adjourned three times before Nikola won enough votes to raise its total shares outstanding to 800 million from 600 million.
Persons: Nikola, adjourn Organizations: California Transportation Locations: Delaware, California
DUBAI/CAIRO, June 17 (Reuters) - Air strikes killed civilians and pummeled multiple parts of the Sudanese capital on Saturday, residents said, as mediators pushed the warring factions towards a new ceasefire. Fighting between the Sudanese army and paramilitary Rapid Support Forces is entering its third month with neither side gaining a clear advantage. On Friday and Saturday the army appeared to ramp up air strikes, hitting several residential neighborhoods. Air strikes in central and southern Omdurman continued from Friday into Saturday, impacting homes and killing one person, according to the local committee in the Beit al-Mal neighborhood. Residents said three members of a family were killed in the Sharq el-Nil district after an air strike on Friday.
Persons: Yassir Al, Atta, Khalid Abdelaziz, Nafisa Eltahir, Omar Abdel, Mark Heinrich, David Holmes Organizations: Rapid Support Forces, United Nations, AIR, Air, Residents, Nafisa, Thomson Locations: DUBAI, CAIRO, Saturday, Darfur, Khartoum, Omdurman, Bahri, Mayo, al, Mal, West Darfur, Chad, United States, Jeddah, Saudi, Dubai, Razek, Cairo
Sudanese capital quiet as 24-hour ceasefire takes hold
  + stars: | 2023-06-10 | by ( ) www.reuters.com   time to read: +3 min
CAIRO, June 10 (Reuters) - The Sudanese capital Khartoum was relatively calm on Saturday morning as a U.S. and Saudi-brokered 24-hour ceasefire took effect, providing a window for humanitarian assistance and giving the public a break from the pressure of intense fighting. The short ceasefire follows a string of violated truces between Sudan's army and the paramilitary Rapid Support Forces (RSF), whose power struggle erupted into violence eight weeks ago, sparking a humanitarian crisis. Previous ceasefires had allowed some humanitarian access, but aid agencies reported still being impeded by the fighting, bureaucratic control and looting. Sudan's army and the RSF, a parallel force that has operated legally since 2017, fell out over plans to integrate their troops and reorganise their chain of command as part of the transition. Reporting by Nafisa Eltahir in Cairo and Khalid Abdelaziz in Dubai; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Omar al, Bashir, Sudan's, Nafisa Eltahir, Khalid Abdelaziz, Hugh Lawson Organizations: Rapid Support Forces, The U.S . State Department, UN, Thomson Locations: CAIRO, Khartoum, U.S, Saudi, Saudi Arabia, Bahri, Omdurman, Darfur, Kordofan, The, Sudan, El Geneina, Cairo, Dubai
The legislation, modeled off of California's Low Carbon Fuel Standard, aims to reduce carbon intensity from the on-road transportation sector in New York by 20% by 2031. If passed, it would be the second-largest clean fuel standard in the United States, surpassed only by California's. The New York Senate passed the Clean Fuel Standard on Thursday, the first time it had done so despite similar legislation being produced in prior sessions. California's Low Carbon Fuel Standard led to a boom in investments in fuels made from non-petroleum feedstocks. Canada has also implemented a Clean Fuel Standard which is set to take effect later this year.
Persons: Deborah Glick, Laura Sanicola, Nick Zieminski Organizations: U.S ., New York Senate, decarbonizing, Thomson Locations: New York, U.S . East Coast, United States, York, West Coast, Washington and Oregon, Canada
Tennessee Gov. Bill Lee has tried to secure passage of legislation that he says could reduce the chances of mass shootings in the future. Photo: Mark Zaleski/Associated PressNASHVILLE, Tenn.—The GOP-dominated Tennessee legislature appeared likely to wind down its session without taking up a measure to tighten gun-control laws following a mass shooting here, despite a late plea by Republican Gov. Mr. Lee backed a proposal that would allow police to ask a civil-court judge to remove firearms from people who were at risk of hurting themselves or others. As of Thursday evening, the legislation supported by Mr. Lee hasn’t been attached to existing bills and it hadn’t come up for discussion in any committees.
A judge denied Donald Trump's bid to delay E. Jean Carroll's rape trial because of his indictment. Judge Lewis A. Kaplan expressed concern the request was "another delay tactic" by the former president. US District Judge Lewis A. Kaplan said some of the so-called media frenzy had been caused by Trump himself. The judge allowed a brief reopening of discovery but denied Trump's request to delay the trial. Carroll "is now over 79 years of age and is entitled to her day in court just as both parties are entitled to a fair trial," Kaplan wrote.
SYDNEY, April 15 (Reuters) - The second person ever charged with violating Australia's foreign interference laws appeared in a local court on Saturday following his arrest a day earlier. Court documents reviewed by Reuters on Saturday listed a charge of reckless foreign interference against Csergo, with the offence occurring between February 2021 and April 2023 in the Australian state of New South Wales and Shanghai. Csergo had recently returned from China and was arrested on Friday at a residence in the Sydney beachside suburb of Bondi, according to neighbours. The court document also named "Ken" and "Evelyn" as engaging with Csergo. The AFP will allege "Ken" and "Evelyn" work for a foreign intelligence service and are undertaking intelligence collection activities, the statement said.
Brent oil prices logged losses Monday, dropping below $72 per barrel in intraday trade amid turmoil in the banking sector. The Brent contract with May delivery was trading at $71.64 per barrel at 11:00 London time, down by $1.33 per barrel from the Friday close. The front-month April WTI Nymex was at $65.52 per barrel, lower by $1.22 per barrel from the previous settlement. It added that the options market is now intensifying the decline in oil prices through delta-hedging plays. Questions linger over the potential demand boost from a reopening China — the world's largest importer of crude oil, whose buying was reined in for much of last year by Covid-19 restrictions.
Rep. Nancy Mace brought her dog, Libby, to work on the third day of House Speaker voting. Mace shared a video of the dog running around her office before heated discussions began. Mace, a South Carolina Representative, cast her vote to adjourn with one hand while holding her dog in the other. Earlier on Thursday, the lawmaker shared a video of Libby running around her office, with the caption "Day 3 vibes." Nancy Mace (@RepNancyMace) January 5, 2023When asked if dogs were allowed on the House floor, Mace replied "there are no rules right now," The Independent reported.
Share this -Link copiedMcCarthy elected speaker in 15th round McCarthy was elected House speaker Saturday shortly after midnight on the 15th ballot. Share this -Link copiedHouse reconvenes to hold 14th round of speaker votes The House has reconvened to begin the 14th round of speaker votes. Read the rest of the story, The House speaker election, in three charts. Share this -Link copiedHouse begins 13th round The House is beginning the 13th round of speaker votes. At least 14 House GOP flip to support McCarthy in twelfth speaker vote Jan. 6, 2023 01:52 Share this -Link copied
Rep. Kevin McCarthy failed to be elected speaker for the 14th time this week on Friday evening. The House floor descended into disorder after McCarthy and Rep. Matt Gaetz had a tense exchange. Rep. Mike Rogers appeared to lunge at Gaetz and was held back by Rep. Richard Hudson. The vote was coming down to the wire when Rep. Matt Gaetz of Florida, who led the charge against McCarthy all week, finally voted "present" — which would again leave McCarthy short, by one vote, of being elected speaker. Towards the end of the exchange, which lasted about a minute and a half, Rep. Mike Rogers of Alabama could be seen confronting Gaetz as McCarthy walked away.
It was nearing midnight, and he had already lost 13 votes for speaker over four long days. U.S. Rep.-elect Matt Gaetz (R-FL) (L) talks to House Republican Leader Kevin McCarthy (R-CA) in the House Chamber during the fourth day of elections for Speaker of the House at the U.S. Capitol Building on January 06, 2023 in Washington, DC. Anna Moneymaker | Getty Images News | Getty ImagesGaetz, who had hurled personal insults at McCarthy just hours earlier on the House floor, said no. Anna Moneymaker | Getty Images NewsThe chaos on the House floor came exactly two years after the Jan. 6, 2021, Capitol insurrection. US Representative Kevin McCarthy (R-CA) speaks to US Representative Matt Gaetz (R-FL) in the House Chamber at the US Capitol in Washington, DC, on January 6, 2023.
House lawmakers are still not agreed on who will lead them. The lack of a speaker of the House has some very real consequences. White House National Security Council spokesperson John Kirby tamped down on any "significant risks" related to the delay. As we indicated above, the House can't pass its rules until it has a speaker. But House lawmakers have complained that they are unable to effectively coordinate due to their current unofficial status.
House Dem whip says caucus will keep voting in speaker race House Democratic whip Rep. Katherine Clark, D-Mass, said her caucus will stick around and continue voting in the speaker race. Davidson suggested there are "a couple procedural paths" where McCarthy could become speaker if Republicans changed the threshold needed to win the election. The polarization is too great.” Cole said that for all the House GOP divisions, “there’s no question” that most members in the caucus are closer in policy and vision to the anti-McCarthy rebels than they are to centrist Democrats. As Biden celebrated an upgrade to an aging bridge linking Kentucky and Ohio, House Republicans deadlocked on the basic task of electing a speaker, foreshadowing what is likely to be two years of infighting. The McCarthy-aligned Congressional Leadership Fund and the conservative Club for Growth agreed to not pick sides in some competitive House GOP primary races in exchange for supporting McCarthy's bid for speaker.
WASHINGTON — Many House Republicans are furious with a band of far-right rebels who they say are holding the party hostage by repeatedly rejecting its nominee for speaker. The unwillingness of most House Republicans to cut a deal with Democrats to pick a speaker weakens their leverage in the showdown with a group of 20 right-wing lawmakers who want to defeat Rep. Kevin McCarthy, R-Calif., who is backed by 90% of the GOP caucus. As Bacon and other McCarthy allies dangle the possibility of a bipartisan speaker to secure the votes to make him speaker, the anti-McCarthy faction is calling their bluff. Rep. Bob Good, R-Va., who has voted against McCarthy all six times, said he doesn’t believe any Republicans would go around the House Freedom Caucus and team up with Democrats to pick a speaker. Democrats open door to consensus speakerSome Democrats say they’re open to negotiating a consensus speaker.
The US House currently has no duly-sworn members, and won't until a Speaker is chosen. It's the first time in a century that the House has been vacant for more than a day. Hours later, the chamber re-convened for the 118th Congress, ready to elect a new Speaker of the House and organize itself. The House is scheduled to reconvene at noon at Wednesday, with the first order of business being the election of a Speaker. asked former Republican Rep. Billy Long of Missouri, noting the role that members play in assisting their constituents with federal agencies.
The House of Representatives still has not elected a speaker, and no members have been sworn in. Kevin McCarthy remains at a stand-off with a group of conservatives who oppose his leadership. Now, Democrats are gearing up to stay in Washington until a speaker is chosen. If any leave town, that will lower the threshold of votes required for a Republican to be elected speaker. And for now, Democrats have no desire to help McCarthy — or any Republican, for that matter — claim the gavel.
While the majority party has elected their nominee on the first ballot over the past century, this year could be different. Members vote "viva voice," meaning they stand when their names are called by a reading clerk and verbally announce who they are voting for. Members can vote for anyone (even people who are not members of the House), vote present, or not vote at all. If every member doesn't show up, or if some vote present instead of supporting a candidate, that decreases what the majority vote needs to be. Political parties are much stronger now than they were then, when House members were often more loyal to their region.
House speaker elections and floor fights, explained
  + stars: | 2022-12-15 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +6 min
Congress can’t really function until it has a House speaker; the position is filled on the first day of a new Congress, January 3, even before members-elect take the oath of office. What’s standing between McCarthy and the speaker of the House position is a handful of conservative lawmakers. This is what people are talking about when they refer to a “floor fight.” It’s when House members require multiple ballots, or votes, to elect their speaker. The process stretched over more than a month and included a sort of inquisition on the House floor of the three contenders. House Speaker Nancy Pelosi was elected with 216 votes in 2021 to kick off the current Congress.
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