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☆ Elon Musk's Neuralink is hiring technicians to ramp up manufacturing
▼ + stars: | 2024-11-22 | by ( Grace Kay | Hilary Brueck | ) www.businessinsider.com time to read: +5 min

AdvertisementNeuralink, Elon Musk's neurotechnology company, is hiring for multiple manufacturing roles. Neuralink, Elon Musk's brain-computer interface company, is looking to hire manufacturing technicians and microfabrication specialists. Two manufacturing technicians work at the company, based on public LinkedIn profiles, with those employees joining in 2021 and February 2024. A Neuralink recruiter said the company is hiring manufacturing technicians to "boost production." Neuralink also appears to be hiring for manufacturing roles for its surgical robot, a job listing shows.

Persons: Elon Musk's, Elon, Neuralink, Tinglong Dai, Dai, John Donoghue, you'd, wouldn't, Donoghue Organizations: LinkedIn, Johns Hopkins University, Brown University, FDA, Reuters, SpaceX, Austin American, Statesman Locations: California, Texas, Austin, Nevada

☆ HSBC names 2 China stock picks for 2025 — and gives one over 70% upside
▼ + stars: | 2024-11-22 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Chinese markets are "turning a corner" following a series of government stimulus measures , HSBC said, naming its top stock ideas for 2025. Here are two of the stocks HSBC likes: KE Holdings HSBC is bullish on real estate player KE Holdings (or Beike), and considers it a key beneficiary of "China's 2025 inflection point." KE Holdings "has the highest earnings sensitivity to a recovery in property sales in both the primary and secondary markets," he added. KE Holdings' shares are listed on the Hong Kong Exchange and trade as an American Depositary Receipt (ADR) in the U.S. under the ticker BEKE . Hongfa Technology HSBC is also bullish Hongfa Technology and has a target price of 48.10 Chinese yuan ($28.30) on the stock, giving it around 50% upside.

Persons: Oliver Yu, Goldman Sachs, Morgan Stanley, Yu, Corey Chan, Chan, — CNBC's Michael Bloom Organizations: HSBC, KE Holdings HSBC, Holdings, HSBC Global Research's, Real, KE Holdings, Hong Kong Exchange, Hongfa Technology HSBC, Technology, HSBC Qianhai Securities, Shanghai Stock Exchange, iShares Global Tech ETF, Fidelity MSCI Locations: China, U.S

☆ Trump suffers first defeat but as always doubles down for the next fight
▼ + stars: | 2024-11-22 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —For Donald Trump, every defeat is just the catalyst for his next battle. The Gaetz disaster suggests that despite his big election win, some laws of political gravity still apply to Trump. This may explain why two-and-a-half weeks into his transition, several of Trump’s Cabinet picks are embroiled in allegations of sexual misconduct, ethics or legal controversy. Like Gaetz, Hegseth was not prosecuted over the allegation and denies he did anything wrong. Plenty of presidents get a Cabinet pick knocked back and do just fine.

Persons: Donald Trump, –, Matt Gaetz, – Trump, Trump, Pam Bondi, MAGA, Gaetz –, elect’s, Manu Raju, Pete Hegseth, Hegseth, Linda McMahon, McMahon, Robert F, Kennedy Jr, groped, Eliza Cooney, “, Kennedy, he’d, ”, Cooney, “ I’m, he’s, Jean Carroll, didn’t, CNN’s Kristen Holmes, Gaetz, CNN’s Paula Reid, Sarah Ferris, Vance, Tulsi Gabbard, —, Maine Sen, Susan Collins, North Carolina Sen, Thom Tillis, JD Vance, ’, Bondi, she’s Organizations: CNN, Department of Justice, Trump, DOJ, GOP, Cabinet, Former Fox News, Department of Defense, Trump Cabinet, Department of Education, Wrestling Entertainment, WWE, Department of Health, Human Services, USA, Fair, Democratic, Social, Capitol, Senate Republican, Trump University, Republican Locations: Washington, California, Iraq, Afghanistan, Manhattan, Gaetz, Maine, North Carolina, Ohio, Bondi

Sexual misconduct allegations against Matt Gaetz had drawn scrutiny after Mr. Trump said he wanted to nominate him for attorney general. Mr. Trump moved quickly to replace Mr. Gaetz with another conservative favorite. Federal prosecutors ultimately dropped the case against Mr. Gaetz, but their chart of payments was obtained by the ethics committee, which was investigating whether Mr. Gaetz had sex with the woman when she was underage. After she turned 18, Mr. Gaetz paid for sex with her on at least two other occasions, the person said. Mr. Trump seemed attracted to Mr. Gaetz as attorney general especially because of the former congressman’s willingness to blow things up.

Persons: Matt Gaetz, Trump, Donald J, Gaetz, Pam Bondi, Gaetz’s, Pete Hegseth, Robert F, Kennedy Jr, Vance, Mr, ” Mr, “ Matt, Jean Carroll, Hegseth, Kennedy, Elon Musk, Linda McMahon, JD Vance, “, ”, Todd Blanche, Blanche, implacably, Lisa Murkowski, Susan Collins of, Mitch McConnell of, John Curtis of Utah, Collins, McConnell, Murkowski, Curtis, John Cornyn, Kevin Cramer, Ginger Luckey, Kevin McCarthy, Andrew Bailey, Robert J, Giuffra Jr, Cromwell, Boris Epshteyn, Marco Rubio, Trump’s, Tim Balk, Michael Gold, Michael C, Bender, Karoun Demirjian, Robert Draper, Catie Edmondson, Maya C, Miller, Michael S, Schmidt, Noah Weiland Organizations: Senate, Justice Department, Republicans, Fox News, Trump, DOJ, Mr, SpaceX, World Wrestling Entertainment, Capitol, Republican, Fort Walton, Florida Panhandle, New York Times, Wednesday, The Times, CNN, Sullivan, Department, Justice, Alcohol, Tobacco, Firearms, Explosives, 119th Locations: Florida, Washington, Ohio, Monterey , Calif, Manhattan, Alaska, Susan Collins of Maine, Mitch McConnell of Kentucky, Texas, North Dakota, Fort, Fort Walton Beach, Missouri, New York

CNN —Nearly six years after actor Jussie Smollett was accused of staging a hate-crime hoax in downtown Chicago and lying to police, an Illinois Supreme Court decision overturned his conviction on Thursday over prosecutorial issues, according to the Associated Press. Brothers Olabinjo Osundairo and Abimbola Osundairo arrive at court for a hearing for actor Jussie Smollett in Chicago on July 14, 2021. Kamil Krzaczynski/ReutersIn a statement thanking fans in 2019, Smollett said he had “been 100% factual and consistent on every level” in response to doubts about his story’s integrity. Smollett told Abimbola Osundairo he was disappointed in the “Empire” team’s reaction to the letter, according to prosecutors. I wouldn’t have had a trial,” Smollett told ET.

Persons: Jussie Smollett, Kim Foxx, –, Nenye, Smollett’s, Joe, ” Uche, “, he’s, ”, CNN’s Laura Coates, Foxx, Dan K, Webb, Smollett, Donald Trump –, Olabinjo, Abimbola Osundairo, Kamil Krzaczynski, Eddie Johnson, ” Johnson, Johnson, Brian CassellaPool, Holliday, ” Smollett, Tonight’s Nischelle Turner, ‘, Chris Boyette, Bill Kirkos, Omar Jimenez, Steve Almasy, Ashley Killough, Christina Maxouris Organizations: CNN, Associated Press, AP, Fox, ”, Chicago, Smollett, Chicago Police Department, Authorities, Reuters, Chicago Police, Chicago police, Police, Chicago Tribune Locations: Chicago, Illinois, Cook, City, MAGA, Cook County

☆ Indonesia wants Apple to sweeten its $100 million proposal as tech giant lobbies for iPhone 16 sales
▼ + stars: | 2024-11-22 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

The Indonesian government expects Apple to increase its proposed $100 million investment into the country, according to state media, as the iPhone maker seeks clearance from Jakarta to sell its latest phones. According to a report from Indonesian state media, the country's Ministry of Industry met with representatives from Apple on Thursday regarding its proposal to invest $100 million over two years. "From the government's perspective, of course, we want this investment to be larger," industry ministry spokesperson Febri Hendri Antoni Arif told state media on Thursday. While Indonesia represents a small market for Apple, it also offers growth opportunities as it has the world's fourth-largest population, according to Le Xuan Chiew, a Canalys analyst focusing on Apple strategy research. Success in this market requires a long-term approach, and Apple's investment offer demonstrates a commitment to complying with local regulations and paving the way for future growth, he added.

Persons: hasn't, AirPods Max, Apple didn't, Febri Hendri Antoni Arif, Le Xuan Chiew Organizations: Fifth, Apple, country's Ministry of Industry, CNBC Locations: New York City, Indonesian, Jakarta, Indonesia

☆ The 'Roaring 20s' rally will continue in 2025. UBS shares 8 ways to maximize gains.
▼ + stars: | 2024-11-22 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

While Wall Street is confident that there will be a continued boom under Trump, UBS GWM is less sure. "AI infrastructure spending remains robust, and we expect key semiconductor components needed for AI to remain supply constrained in 2025, supporting pricing," UBS GWM strategists wrote. "We believe investment-grade bonds offer attractive yields and expect mid-single-digit returns in US dollar terms," UBS GWM strategists wrote. "In 2025, we believe gold will remain an effective hedge against key political concerns, including government debt levels, inflation, or geopolitical tensions," UBS GWM strategists wrote. Residential and commercial properties both make sense, though UBS GWM specifically cited property types like logistics, data centers, and multifamily housing.

Persons: Donald Trump, Mark Haefele, UBS GWM, Haefele Organizations: UBS Global Wealth Management, UBS GWM, Trump, UBS, Technology, Utilities Locations: Japan

☆ Caitlin Clark joins NWSL ownership group bidding to bring soccer team to Cincinnati
▼ + stars: | 2024-11-22 | by ( Kristian Burt | In | ) www.cnbc.com time to read: +2 min

Caitlin Clark has joined an ownership group looking to create a National Women's Soccer League team in Cincinnati, Ohio. Cincinnati is a growing favorite among cities looking to become the 16th NWSL franchise, with other potential outposts including Denver, Cleveland, Philadelphia and Nashville. "The NWSL Cincinnati bid team is thrilled that Caitlin Clark has joined our ownership group in pursuit of bringing a women's professional soccer team to our city," the NWSL Cincinnati bid team wrote in a statement. Bay FC, which played its first season this year, spent $53 million to cover the NWSL expansion fee. The NWSL declined to comment on Clark's involvement with Cincinnati's ownership group.

Persons: Caitlin Clark, Clark, —, Jessica Golden Organizations: Indiana Fever, Dallas Wings, Gainbridge Fieldhouse, Women's Soccer League, BOS Nation Football Club, Bay FC, Sixth, Cleveland Soccer Group, University of Iowa, National Basketball Association Locations: Indianapolis , Indiana, Cincinnati , Ohio, Cincinnati, Denver, Cleveland, Philadelphia, Nashville, Greater Cincinnati, Boston

☆ A radical new idea to speed up anti-aging research: Test ovaries, not mice
▼ + stars: | 2024-11-22 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +6 min

The atlas suggests ovaries are an untapped, rapid way to study human longevity treatments. Or, more specifically, test them out on aging ovaries, whether in well-controlled human studies, in the ovaries of mice, or in donor tissue samples. It shows that ovarian aging is a great proxy for overall human aging at a molecular level — ovarian aging is just happening several decades earlier, and very rapidly. So more and more people are paying attention to this concept of ovarian aging and considering it as a true aging process." Her study displays in fine cellular and molecular detail how human ovaries age, and how genetics impact the process.

Persons: Yousin Suh, Suh, Francesca Duncan, Duncan, It's Organizations: Columbia University, Northwestern University, Getty Locations: perimenopause

☆ Analysis: Russia’s nuclear-capable missile is a clear departure from the Cold War doctrine of deterrence
▼ + stars: | 2024-11-22 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

CNN —Russia’s use of a nuclear-capable ballistic missile on Thursday is the latest escalation in the Ukraine war. The use of what Vladimir Putin said was a ballistic missile with multiple warheads in offensive combat is a clear departure from decades of the Cold War doctrine of deterrence. Ballistic missiles with multiple warheads, known as “multiple independently targeted reentry vehicles,” or MIRVs, have never been used to strike an enemy, experts say. Aftermath of Russian missile strike in Dnipro, Ukraine, on November 21, 2024. Pakistan reportedly tested a missile with multiple warheads in 2017, and earlier this year India said it had successfully tested a MIRVed ICBM.

Persons: Vladimir Putin, MIRV, ” Hans Kristensen, Kristensen, Matt Korda, ”, Manish Swarup, Korda, ” Kristensen Organizations: CNN, West, Federation of American, Russian, Ballistic, Federation of American Scientists, Union of Concerned Scientists, Center for Arms Control, AP Locations: Ukraine, Dnipro, That’s, US, Ukrainian, Russia, United States, Europe, China, United Kingdom, France, Pakistan, India, New Delhi, North Korea

☆ FanDuel parent Flutter Entertainment can triple its U.S. profits over the next three years, Goldman says
▼ + stars: | 2024-11-22 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

FanDuel parent Flutter Entertainment is poised for even more gains ahead as its U.S. growth takes off, according to Goldman Sachs. Analyst Ben Andrews initiated coverage of the online sports betting operator with a buy rating and $320 price target. Andrews sees upside to Flutter's 2027 revenue guidance for existing states and sees double-digit percentage upside to Wall Street's consensus targets on Flutter's U.S. EBITDA in 2027 and 2028. S & P) and Flutter building a track record of consistent delivery and as a compounding cash generator." The company continues to acquire new customers in existing states, which "Flutter is doing more efficiently than competition, supported by their scale," Andrews said.

Persons: Goldman Sachs, Ben Andrews, Andrews Organizations: New York Stock Exchange, London Stock Exchange, U.S

☆ Trump's Cabinet selection is off to a rocky start: From the Politics Desk
▼ + stars: | 2024-11-21 | by ( The Politics Desk | ) www.nbcnews.com time to read: +8 min

But it’s not even Thanksgiving, and Donald Trump is already looking for a backup top law enforcement officer after Matt Gaetz withdrew his AG bid Thursday. The last time around, Trump lost just one of his initial Cabinet picks, when Andrew Puzder withdrew as the labor secretary nominee in February 2017. ➡️ More on the Trump transitionAside from Gaetz, two of Trump’s other Cabinet picks, Hegseth and Kennedy, have also faced serious allegations of sexual impropriety, which they have both denied. 🗞️ Today’s other top stories 👀 Buckeye State battle brewing: The jockeying for JD Vance’s Ohio Senate seat has begun, and the potential candidates’ statements about Trump’s Cabinet picks are being closely watched. Read more →The jockeying for JD Vance’s Ohio Senate seat has begun, and the potential candidates’ statements about Trump’s Cabinet picks are being closely watched.

Persons: Matt Gaetz, Jonathan Allen, Henry J, Gomez, Olympia Sonnier, Jake Traylor, Julie Tsirkin Matt Gaetz’s, Donald Trump, ”, Gaetz, MAGA, Trump, Sens, Mitch McConnell of, Lisa Murkowski, Susan Collins of, Markwayne Mullin, John Curtis of Utah, Read, Jonathan Allen It’s, George H.W, Texas Sen, John Tower, it’s, — Trump, Bill Clinton’s, Zoë Baird, Kimba Wood, Pete Hegseth, Tulsi Gabbard, Robert F, Kennedy Jr, Barack Obama’s, Tom Daschle, Bill Richardson, Judd Gregg, Andrew Puzder, ➡️, Hegseth, Kennedy, Mehmet Oz, El Organizations: NBC, White House, Capitol, Republican, The Justice Department, Republicans, Gaetz, Pentagon, Former Fox News, Human Services, Commerce, ., Medicare, Services Locations: Florida, Washington, Trump, Mitch McConnell of Kentucky, Alaska, Susan Collins of Maine, Oklahoma, Texas, Obamacare

Some major tech companies including Meta are taking steps to combat “pig butchering” scams, which trick Americans out of billions of dollars each year through fake online friendships and romances. Pig butchering scams are elaborate and often take months to unfold. Meta on Thursday announced it has taken its first major steps into addressing the scams, including dedicating staff to identify where scammers operate, sharing that information with international law enforcement, and taking down more than 2 million accounts this year. The announcement reflects how more tech companies are recognizing the severity of pig butchering scams. Calling themselves the Tech Against Scams coalition, the companies pledged to share scammer information with each other and better educate users.

Persons: they’ve, Meta, Jeff Lunglhofer, ”, Jake Sims, Operation Shamrock, “, ” Sims Organizations: Meta, Facebook, FBI, Tech, NBC News Locations: WhatsApp, France, Cambodia, OpenAI

☆ 73% of workers worry Social Security won’t be able to pay retirement benefits. Here’s what advisors say
▼ + stars: | 2024-11-21 | by ( Lorie Konish | ) www.nbcnews.com time to read: +4 min

Most Americans are concerned about what may happen to Social Security when its retirement trust fund crosses a projected 2033 depletion date, according to a new Bankrate survey. Nearly three-quarters, 73%, of non-retired adults and 71% retired adults say they worry they won’t receive their benefits if the trust fund runs out. Social Security’s actuaries project the fund the program relies on to pay retirement benefits will be depleted in 2033. Retirees can claim Social Security retirement benefits as early as age 62, though they take a permanent lifetime reduction. Social Security is “inflation indexed longevity insurance,” said CFP David Haas, owner of Cereus Financial Advisors in Franklin Lakes, New Jersey.

Persons: Gen Xers, someone’s, ”, Mark Hamrick, Zers, it’s, —, they’ve, George Gagliardi, ” Gagliardi, David Haas, ” Haas, Xers, Haas Organizations: Security, Bankrate, Social, actuaries, Social Security, Cereus Financial Locations: millennials, Lexington , Massachusetts, Franklin Lakes , New Jersey

☆ Newly identified chemical in drinking water could be toxic: study
▼ + stars: | 2024-11-21 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +6 min

The Summary A newly identified chemical byproduct may be present in drinking water in about a third of U.S. homes, a study found. About a third of U.S. residents have been receiving tap water containing a previously unidentified chemical byproduct, a new study has found. “We looked for it in 40 samples in 10 U.S. chlorinated drinking water systems located in seven states. It’s likely to be found in all drinking water treated via this method, he said. Any treatment of drinking water involves some level of health risk, Roberson said.

Persons: ”, David Wahman, chloramine, David Reckhow, Julian Fairey, Alan Roberson, Reckhow, “, David Andrews, ” Andrews, Roberson, It’s, Wahman Organizations: Environmental Protection Agency, University of Massachusetts, University of Arkansas, Association of, Environmental Locations: U.S, Amherst

The search for Vice President-elect JD Vance’s successor in the Senate is reinforcing a rift among Ohio Republicans, whose loyalties are divided between the establishment-friendly Gov. Vance has consulted with DeWine on the Senate appointment, two sources familiar with the discussions said. When asked if Trump’s Cabinet picks were a part of DeWine’s considerations, Tierney emphasized the governor’s wish that his pick be able to win the GOP primary that year. Moreno, for his part, singled out Gaetz, Gabbard, Hegseth and Kennedy this week in a statement pledging to support Trump’s Cabinet choices. “The American people delivered President Trump a mandate, and it is crucial that Senate Republicans confirm his nominees quickly,” he said.

Persons: JD Vance’s, Mike DeWine, Donald Trump, DeWine, Vance, ”, Dan Tierney, “, Trump’s, Trump, Pete Hegseth, shouldn’t, Robert F, Kennedy Jr, Tulsi Gabbard, Matt Gaetz, Gaetz, Hegseth, “ We’re, Kennedy, Robert Sprague, Frank LaRose, they’ll, Dan Lusheck, Lusheck, Mike Carey, Carey, Justice Department “, ” Carey, “ I’d, Jay Edwards, ” Mehek Cooke, John Kasich’s, ” Cooke, Jane Timken, Jon Husted —, —, Tierney, Sprague, Dave Yost, Yost, Vivek Ramaswamy, Elon Musk, ” Tierney, Timken, Sen, Matt Dolan, Dolan, Bernie Moreno, Moreno, LaRose, Democratic Sen, Sherrod Brown Organizations: Ohio Republicans, Trump, NBC News, GOP, Fox News, Justice Department, “, U.S, Spectrum, Gov, Republican, Democrat, Republican National Committee, Senate, Democratic, America Locations: Ohio, Hawaii, Florida, Hegseth, Washington, DeWine

A sharp drop in mortgage rates brought homebuyers off the fence in October after a slow summer. Sales were 2.9% higher than October of last year, marking the first annual increase in more than three years. While mortgage rates remain elevated, they are expected to stabilize.”There were 1.37 million units for sale at the end of October, an increase of 19.1% from October 2023. That is still high historically, but lower mortgage rates likely caused that share to drop. Mortgage rates are much higher now, at 7.05% on the 30-year fixed.

Persons: ”, Lawrence Yun, ” Yun, Chen Zhao Organizations: National Association of Realtors, Mortgage News, Fed Locations: Redfin

☆ Man who passed lie detector in 1979 murder of teen is now named as her suspected killer
▼ + stars: | 2024-11-21 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

A man who passed a lie detector test in 1979 clearing him in the rape and murder of a 17-year-old girl was identified as her suspected killer, authorities announced Wednesday. She had been attacked and killed the previous day while walking from her parents' house in Beaumont to her sister’s house in Banning, the district attorney's office said. Authorities determined that Gonzalez had been raped and bludgeoned to death, the district attorney's office said. the district attorney's office said. The Justice Department "recently confirmed that Williamson’s DNA matches the DNA recovered from Esther’s body," the district attorney's office said.

Persons: Esther Gonzalez, Lewis Randolph, Randy, Williamson, Gonzalez, bludgeoned Organizations: Attorney’s, Authorities, Inc, Department Locations: Banning , California, Riverside County, Beaumont, Banning, Florida, Texas

“Far too often, patients relying on federal government health care programs are forced to accept bureaucratic, one-size-fits-all coverage,” Crapo said. But Trump’s lack of specificity about health care could empower Oz to fill in the blanks. Oz said on an AARP questionnaire: “We can expand Medicare Advantage plans. If Oz is confirmed and chooses to push more people into Medicare Advantage, as he has pitched, he may not have too hard a time. “In our focus groups, people say they’re satisfied with both traditional Medicare and Medicare Advantage, and they make their choices based on different preferences,” Neuman said.

Persons: WASHINGTON, Donald Trump, Mehmet Oz, Mike Crapo, ” Crapo, “ Dr, Oz, George Halvorson, “, Kamala Harris ’, ”, Larry Levitt, Harris, ” Levitt, Trump, Sen, James Lankford, hasn’t, ” Lankford, Obama, Obamacare, Patty Murray, “ Trump, Ron Wyden, Tricia Neuman, Neuman, ” Neuman, Arthur Caplan, ” Caplan, ” Wyden, they’re, Lankford, ” Sen, Mike Rounds, there’s, We’ll, pare, “ It’s, Caplan, ” Oz, John Fetterman, he’s, “ We’re, ” Fetterman, I’m Organizations: Medicare, Services, Forbes, Kaiser Permanente, Agency, Senate, Health, Education, Labor, Pensions, NYU Langone Medical, Commonwealth Fund, “ Locations: Idaho, KFF, New York City, Pennsylvania

☆ Live updates: Ukraine military accuses Russia of launching ICBM, Kyiv fires Storm Shadow missiles and ATACMS into Russian territory
▼ + stars: | 2024-11-21 | by ( Christian Edwards | Catherine Nicholls | Cnn S Nick Paton Walsh | ) edition.cnn.com time to read: +2 min

Russia’s possible use of an intercontinental ballistic missile (ICBM) is a message to the West that it is has greater capabilities than previously displayed after a week of significant military operations and policy changes in both Ukraine and Russia. The West has for some time been concerned at a reciprocal Russian escalation in the war. This week, both US and British-French-made missiles have been fired into Russia by Ukraine, after US President Joe Biden gave Kyiv permission to use longer-range American missiles. In turn, President Vladimir Putin updated Russia’s nuclear doctrine — in a nuanced way, but still refined their policy to lower the threshold for use. Such an event would have elicited a very different reaction in Kyiv and the West.

Persons: Joe Biden, Vladimir Putin Locations: Ukraine, Russia, Kyiv, Ukrainian, Dnipro

Trump’s pick for defense secretary, Pete Hegseth, was accused of sexual assault. Trump himself has faced various sexual misconduct allegations, which he has denied, though he was found liable last year for sexual abuse in a civil trial over an alleged incident in the 1990s that he also denies. Now, after having won the presidency again, he’s spending early political capital to confirm appointees who have faced sexual misconduct allegations of their own. The allegations against Trump’s picksGaetz’s years of controversies have been thrust back into the spotlight now that he’s up for a Cabinet post. “It’s a very scary time for young men in America when you can be guilty of something that you may not be guilty of,” Trump told reporters.

Persons: Donald Trump’s, Matt Gaetz, Pete Hegseth, Robert F, Kennedy Jr, Gaetz, Hegseth, Kennedy, “, Trump, ”, Marc Short, Mike Pence’s, we’ve, Trump’s, hasn’t, Tim Parlatore, Bill Clinton’s, George H.W, Barack Obama’s, haven’t, Andy Puzder, Puzder, Patrick Shanahan, Shanahan, Ronny Jackson, Jackson, Brett Kavanaugh, Kavanaugh, ” Trump, reconsidering, JD Vance, Karoline Leavitt, Vance, MAGA, ” Leavitt Organizations: NBC News, NBC, “, Justice Department, Trump, Committee, Washington Post, Republican, You’re, Politico, Pentagon, White House, Department of Veterans Affairs, Supreme, Capitol, White Locations: groping, Florida, America, Hegseth, Washington

☆ Trump’s social media company is exploring a crypto payment service called TruthFi
▼ + stars: | 2024-11-21 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —Truth Social, the social media platform owned by President-elect Donald Trump, appears to be exploring a move into the crypto space. Trump Media & Technology Group filed a trademark application earlier this week for TruthFi, which it described as a cryptocurrency payment processing platform. It’s not clear how far along Trump Media is in evaluating a crypto payment service or whether the Trump-owned public company will ultimately launch such a platform. The trademark application illustrates the thorny conflict-of-interest issues raised by Trump’s election victory and his sprawling business empire. The trademark application for a crypto payment service comes just days after the Financial Times reported that Trump Media is in advanced talks to acquire crypto trading platform Bakkt.

Persons: Donald Trump, Trump, Gary Gensler, Gensler, Bakkt, Cantor Fitzgerald, Howard Lutnick, Lutnick Organizations: New, New York CNN, President, Trump Media & Technology Group, Trump Media, Trump, Securities and Exchange Commission, SEC, Financial Times, Liberty, Commerce Department Locations: New York, Washington, United States, Bakkt

☆ The market is having knee-jerk reactions to Trump's picks. That could spell buying opportunities
▼ + stars: | 2024-11-21 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Big swaths of the market have pulled back since the Nov. 5 election. Vaccine makers and processed food companies suffered after Robert F. Kennedy Jr., a prominent vaccine skeptic, was tapped to lead the Department of Health and Human Services. Just this week, HSBC upgraded Moderna to buy from hold, saying that its "pipeline deserves more than the market is giving it credit for." BioNTech, which pulled back more than 5% this month, was identified by Evercore ISI this week as a buying opportunity. AbbVie and First Solar are two other stocks with strong upside potential, based on analysts' consensus price targets compiled by FactSet.

Persons: Donald Trump's, Robert F, Kennedy Jr, Elon Musk, Vivek Ramaswamy, Nanette Abuhoff Jacobson, Luke O'Neill, FactSet Organizations: Department of Health, Human Services, Defense, Department of Government, Hartford Funds, Catalyst, Alpha Fund, White House, Moderna, HSBC, Evercore ISI, RFK Jr Locations: China

Widespread rainfall of 3 to 5 inches with isolated totals of more than eight inches are possible across the region. Combined with rainfall from Wednesday, a potentially record-breaking 16 inches or more of rainfall is possible through Thursday. This low is expected to “bomb out” or undergo “bombogenesis,” which is the decrease in pressure of 24 millibars in 24 hours. Even without making landfall, bomb cyclones can be deadlyAlthough the first storm never made landfall, historic bomb cyclones can still bring devastating effects. At least two people were killed in Washington state from strong winds that pushed down fallen trees.

Persons: “, we’ve, Mary Lou Pauly, Rob Corcoran’s, ” Corcoran, CNN’s Isaac Yee, Hanna Park, Sara Smart, Andy Rose, Mike Madrigal, Taylor Romine Organizations: CNN, –, Weather, Associated Press, Authorities, Cal Fire, National Weather Service, Energy, Bellevue Fire Department, Puget Sound, Maple Valley , Washington . Puget Sound, Issaquah, Washington, Amtrak Locations: Northern California, Pacific, California, Sierra Nevada, Oregon, Pacific Northwest, Humboldt County, Seattle, Washington, Lynnwood, King, Bellevue, Maple Valley , Washington, Maple Valley, Vancouver, Portland, Hanna

☆ The fate of MSNBC could be in Trump’s hands
▼ + stars: | 2024-11-21 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

It’s true that analysts expect the Trump administration to generally be less hostile to mergers. Yet it’s also true that some Republicans – including some tapped to join the Trump administration – have been described as “Khanservatives” because they’ve called for tougher, not weaker, antitrust scrutiny. Earlier this year, Gaetz told NOTUS that the FCC chair’s work “inspired me” and he expressed hope she stays in power for a Trump administration. As Gaetz fights to survive a tough nomination process to be attorney general, Comcast dropped a bombshell in the media industry by spinning off MSNBC, CNBC, USA, Oxygen and other networks. “It’s hard not to look at the spinoff of CNBC and MSNBC as potentially a response to the new administration,” said Petro.

Persons: Donald Trump’s, Trump, Donald Trump, ” Craig Moffett, MoffettNathanson, Brendan Carr, Trump’s, Kamala Harris, Carr, Skydance’s, ”, Moffett, Jeffrey Sonnenfeld, Sonnenfeld, Gaetz, Vance, Lina Khan, it’s, they’ve, JD Vance, Khan, Biden, Matt Gaetz, NOTUS, “, Brian Roberts, Will Trump, Frank Louthan, Raymond James, It’s, Louthan, Lee Petro, Dickinson, it’s “, Petro Organizations: New, New York CNN, Department, T’s, CNN, Timer Warner, Trump, Comcast, MSNBC, CNBC, NBC, DOJ, Federal Communications Commission, FCC, Paramount, Fox News, CBS, Yale, Leadership, Time Warner, Biden, Federal Trade, ”, Washington DC Locations: New York, Florida, USA

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