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Hyosub Shin/Pool/Atlanta Journal-Constitution/APState prosecutor Sheila Ross outlined each of the charges Jose Ibarra is facing during her closing argument Wednesday morning. Ross described Ibarra as “a monstrously guilty individual,” and asked Judge H. Patrick Haggard to find him guilty on all counts. Here’s a look at how she described the evidence surrounding each of the charges:Malice murder: Ross outlined Ibarra’s deliberate intention to kill, noting evidence from the medical examiner in the case. • Aggravated Assault with Intent to RapeRoss outlined Laken Riley’s state of undress, noting her clothes being “in two different directions.”“Her underwear has been torn. Obstruction of 911 CallThe prosecutor noted that evidence showed Laken Riley’s emergency called had hung up on the 9-1-1 center.

Persons: Sheila Ross, Hyosub, Jose Ibarra, Ross, Ibarra, “, Judge H, Patrick Haggard, ” Ross, •, ”, Jose Ibarra’s thumbprint, He’s, Peeping Tom Ross Organizations: AP, University, Georgia

The House Ethics Committee weighs releasing their report on Matt Gaetz. And Susan Smith, who made headlines for killing her sons 30 years ago, is up for parole. The Ethics Committee has jurisdiction only over sitting members of Congress, Johnson argues. But there is precedent for the Ethics Committee to publish reports after a member of Congress has resigned. Susan Smith up for parole 30 years after killing her sonsSusan Smith leaves court after a hearing in Union, S.C., in 1995.

Persons: Matt Gaetz, Susan Smith, Donald Trump, Gaetz, Susan Wild, Joel Leppard, Mike Johnson, Trump, Johnson, Read, Mike Cavanaugh, ”, Vladimir Putin, Brooks Kraft, Smith’s, Michael, Alex, Smith, Rafael Nadal, Jay Leno, Barbara Gauntt, Chokwe Antar Lumumba, Lumumba, — Bracey Harris Organizations: Comcast, Justice Department, Republicans, Democrats, Gaetz, MSNBC, Syfy, Golf, CNBC, Oxygen, NBC News, NBC, Bravo, United, Brooks, Brooks Kraft LLC, Getty, South, Davis, Mississippi State Capitol, Clarion, Ledger, Residents Locations: Florida, USA, U.S, Kyiv, United States, Ukrainian, Russian, Ukraine, Union, South Carolina, Northern California, Pacific, California, Jackson

WASHINGTON — Members of the House Ethics Committee will meet behind closed doors Wednesday afternoon to discuss whether to publicly release a report detailing their sweeping investigation into former Rep. Matt Gaetz, President-elect Donald Trump’s pick for attorney general. Several Republicans and Democrats in the Senate have said they want to review the House report before a Judiciary Committee confirmation hearing for Gaetz next year. She argued that there is precedent for the Ethics Committee to publish reports after members of Congress have resigned. If the committee declines to make the Gaetz report public, any House member can try to force a vote to release it. In September 1996, House Democrats tried to force the Ethics Committee to release a report from an outside counsel about its investigation of then-Speaker Newt Gingrich, R-Ga.

Persons: Matt Gaetz, Donald Trump’s, Gaetz, Mike Johnson, Trump, “ I’ve, ” Johnson, “ Matt Gaetz, —, Michael Guest, Susan Wild, Joel Leppard, Leppard, ”, JD Vance, Pete Hegseth, Bill Boner, Boner, Boner’s, Buz Lukens, Newt Gingrich Organizations: WASHINGTON, Republicans, Democrats, Justice Department, NBC News, Trump, Capitol, Cabinet, Senate, Congress, “, Committee Locations: Florida, Nashville, Ohio

Of course, these basic rules of political decorum are ones Donald Trump has rarely followed. He’s been accumulating political capital, and his victory only gives him an opening to accumulate more ... if he chooses to. On some level, I accept the notion that one person’s revenge is another person’s “reform,” so I’m sure Trump could argue he’s appointing reformists. What will ultimately matter is whether these folks can govern like reformers or end up simply as conduits for Trump’s revenge. Here’s the political problem Trump is creating for himself: He’s taking full ownership of the entire bureaucracy now.

Persons: Donald Trump, He’s, Trump, acquiesce, Matt Gaetz, Pete Hegseth, Robert F, Kennedy Jr, Tulsi Gabbard, let’s, Nancy Mace's, Hegseth, “, wasn’t, Harris, Joe Biden, Biden, I’ve, didn’t, Barack, Biden’s Organizations: —, Justice Department, Fox, Defense Department, Department of Health, Human Services, GOP, Pentagon, “ DEI, Biden, Democratic, Trump Locations: Russia, Oklahoma, Afghanistan, overreach

☆ Florida man allegedly had AR-15, silencers and list of Jewish and Black targets
▼ + stars: | 2024-11-20 | by ( Anthony Cusumano | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +4 min

A Florida man arrested on suspicion of weapons violations on Halloween had a list of targets that included a congressman and locations he associated with Jewish and Black people, prosecutors allege. The Federal Public Defender of South Florida did not immediately respond to a request for comment. A customary walk-through of the home turned up evidence of firearms, including spent shell casings and a homemade target, Anton said. The alleged list of targets includes Rep. Jared Moskowitz, D-Fla., as well as locations the writer of the list characterized as draws for Jewish and Black people — a synagogue, a Jewish cemetery, a Jewish sandwich shop and parks and schools that were described using a derogatory term for Black people, according to Anton's filing. One entry on the list said, "Stalk Jewish parks," the proffer said.

Persons: John Lapinski, Lapinski, Marc Anton, Anton, silencers, Jared Moskowitz, Moskowitz Organizations: Federal, Defender, Police, Assistant U.S, Palmetto State Armory Liberty, Palmetto State Armory, Black, Jewish, U.S . Marshals Service Locations: Florida, South Florida, Margate, Miami, Broward County , Florida

☆ Why the West's vital undersea cables are so vulnerable to attack
▼ + stars: | 2024-11-20 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

The vast networks of data cables that crisscross our world's oceans are crucial for almost every aspect of modern life. Related Video Ukraine's sea drones vs. Russia's Black Sea FleetDespite their importance, events this week have highlighted just how vulnerable the West's internet subsea cables are to attacks from hostile powers. Unlike Russia, whose internet cables mostly run overland, the cables Western countries rely on are deep under the sea — and it's an asymmetrical vulnerability Russia is signaling it could exploit. AdvertisementIn response to the threat, Western countries are trying to better protect existing cable networks or route data through satellites if they are disrupted. In the CSIS report in August, Murphy and other analysts called for the US to strengthen international coordination and enhance resources to protect existing undersea cable networks.

Persons: Boris Pistorius, Gregory Falco, KIRILL KUDRYAVTSEV, Falco, Erin Murphy, Sidharth, Murphy, Sybille Reuter, Henri Kronlund Organizations: German, Financial Times, Sibley School of Mechanical, Aerospace Engineering, Cornell University, Getty, AIS, Emerging, CSIS, General Staff, Directorate, Cinia, West Locations: Baltic, Russia, China, Germany, Finland, Sweden, Lithuania, Ukraine, Russian, Vladivostok, Western Europe, India, Emerging Asia, Washington ,, London, Iceland

☆ '900 Days Without Anabel' follows the abduction of Anabel Segura. Here's what happened to her captors.
▼ + stars: | 2024-11-20 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Here's what happened to her kidnappers, Emilio Muñoz Guadix and Candido Ortiz Aon. "900 Days Without Anabel" is about the kidnapping of Anabel Segura, a 22-year-old Spanish student abducted from Madrid in 1993. In 2013, Muñoz Guadix told news outlet laSexta that they killed Segura six hours later as she tried to escape. AdvertisementMuñoz Guadix and Ortiz Aon told the authorities where they buried Segura, enabling her family to hold a funeral. Candido Ortiz Aon died in prison in 2009 and Emilio Muñoz Guadix was released in 2013Emilio Muñoz Guadix in an interview with laSexta.

Persons: Anabel Segura, Anabel, Emilio Muñoz Guadix, Candido Ortiz Aon, Segura, Muñoz Guadix, Ortiz Aon, El, Ortiz, Guadix, Herrera, Muñoz Organizations: Netflix, Spanish, laSexta, La Vanguardia, La Locations: Spanish, Madrid, La, Toledo, Escalona, La Mancha, Ciudad Real

☆ How Alaska Airlines used AI to save over 1.2 million gallons of jet fuel
▼ + stars: | 2024-11-20 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +7 min

Alaska Airlines partnered with Air Space Intelligence to use an AI tool that suggests flight routes. While Air Space Intelligence developed the Flyways AI Platform, it did so in close cooperation with the airline's stakeholders. AI in actionThe partnership between Alaska Airlines and Air Space Intelligence began with a learning period for both organizations. ASI's staff shadowed the airline's dispatchers to learn how they worked, while Alaska Airlines learned more about how a machine-learning algorithm could be used to route traffic. While that might seem low, those accepted routes helped reduce Alaska Airlines' fuel consumption by more than 1.2 million gallons in 2023, according to the airline's annual sustainability report.

Persons: —, We've, they're, Pasha Saleh, Flyways, Saleh, Phillip Buckendorf, Buckendorf, Andreessen Horowitz Organizations: Alaska Airlines, Air Space Intelligence, Service, Space Intelligence, Alaska Airlines . Alaska Airlines, Federal Aviation Administration, ASI, IBM DOS, Airlines, Air, US Air Force Locations: Alaska, Boston, Denver, Poland, Washington, DC

☆ Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
▼ + stars: | 2024-11-20 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Business spending on generative AI surged 500% this year, from $2.3 billion in 2023 to $13.8 billion, according to data released by Menlo Ventures on Wednesday. The report also found that OpenAI ceded market share in enterprise AI, declining from 50% to 34%. Anthropic doubled its market share from 12% to 24%. Although OpenAI and Anthropic dominated companies' AI model use, he said, people are "juggling models" and that habit is "not a well-understood piece of data." Meta 's market share stayed at 16% and Cohere's share remained at 3%.

Persons: Anthropic, OpenAI, Tim Tully, Claude, Tully, that's, Mistral's, Google's, Anthropic's Claude, —, chatbots Organizations: Menlo Ventures, Menlo, CNBC, Google, Microsoft Locations: Anthropic

☆ 4 reasons you could be getting passed up for promotions, according to an ex-Google recruiter
▼ + stars: | 2024-11-20 | by ( Alyshia Hull | ) www.businessinsider.com time to read: +6 min

AdvertisementNolan Church is a former Google recruiter who says you could be holding yourself back from a promotion. There could be a misalignment in how an employee thinks they're doing and how management thinks they're doing, most likely due to a lack of feedback. These things surface when it comes time for a promotion, but they're hard to fix when you're unaware it's a problem. Ask your manager what you need to work on to move on to the next level. Budget constraints or business challengesIf a business isn't doing well, promotions are most likely not happening or are occurring at a significantly decreased rate.

Persons: Nolan, they're, I've, you've, that's, I'm, doesn't Organizations: Nolan Church, Google Locations: Salt Lake City

☆ Susan Smith killed her 2 young children by pushing her car into a lake. 30 years later, she’s up for parole
▼ + stars: | 2024-11-20 | by ( Chris Boyette | ) edition.cnn.com time to read: +5 min

Susan Smith arrives at Union County Courthouse as the penalty phase of her trial moves into closing arguments in 1995. On Wednesday, Smith will have her chance to make her argument before the parole board, according to the South Carolina Department of Probation, Parole and Pardon Services. Inmates in South Carolina are allowed to receive and send letters but cannot legally communicate with journalists in person or on the phone. Smith and the filmmaker discussed shooting the documentary after the parole hearing and how she would be paid for her participation, according to an incident report. Pope is against Smith’s parole and said he will be speaking before the parole board at the hearing Wednesday.

Persons: Susan Smith, Smith, Michael, Alex, “, –, John D, ’, Susan Smith's, Tommy A, Thomas, haven’t, David Smith, Money, David Smith fastens, John Kuntz, ” Tommy Pope, Pope, “ Susan, Susan, ”, ” Pope, Larry King, ” David Smith Organizations: CNN, Courthouse, Reuters, South Carolina Department of Probation, Services, South Carolina Department of Corrections, Judicial Locations: Union , South Carolina, Long, Union, South Carolina

☆ DOJ pushes for Google to break off Chrome browser after antitrust case
▼ + stars: | 2024-11-20 | by ( Jennifer Elias | ) www.cnbc.com time to read: +4 min

REUTERS/Ken CedenoThe Department of Justice is calling for Google to divest its Chrome browser, following a ruling in August that the company holds a monopoly in the search market. Chrome, which Google launched in 2008, provides the search giant with data it then uses for targeting ads. Additionally, the DOJ said that Google be prevented from entering into exclusionary agreements with third parties like Apple and Samsung. The DOJ also said that remedies should prevent Google from eliminating "emerging competitive threats through acquisitions, minority investments, or partnerships." In August, a federal judge ruled that Google holds a monopoly in the search market.

Persons: Jonathan Kanter, General Merrick Garland, Lisa O, Ken Cedeno, Sherman Organizations: Live Nation Entertainment, Monaco, Department of Justice, REUTERS, Department, Justice, Google, Chrome, DOJ, Apple, Samsung, Microsoft, Android Locations: Washington , U.S

☆ HK's Paul Chan reacts to criticism over the sentencing of 45 pro-democracy activists
▼ + stars: | 2024-11-20 | 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 EmailHK's Paul Chan reacts to criticism over the sentencing of 45 pro-democracy activistsHong Kong Financial Secretary Paul Chan defends the city's legal system following the sentencing of 45 pro-democracy activists in a landmark National Security Law case.

Persons: Paul Chan Organizations: Hong Kong Financial, National Security

☆ Trump’s turn to bask in Musk’s reflected glory
▼ + stars: | 2024-11-20 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

Musk, the Tesla and SpaceX visionary, has spent the last two weeks basking in Trump’s reflected glory at Mar-a-Lago. He’s around so much it’s almost like he’s family, and he even made it into a photo of Trump’s extended clan. Trump’s growing cultural cloutTrump’s visit to Musk’s launchpad was also the latest occasion since the election when he has inserted himself into high-profile photo-ops. The hit perhaps reflects Trump’s starry-eyed infatuation with Musk’s amazing array of spaceships and limitless ambition. With Musk, Trump might get more than he bargained for.

Persons: Donald Trump, Elon Musk, Robert F, Kennedy Jr, —, “, ”, Trump, Rushmore, Donald Jr, Texas Sen, Ted Cruz, Ronny Jackson, Musk, it’s, ” Trump, Greg Autry, Vivek Ramaswamy, Chandan Khanna, It’s, Kena Betancur, Joe Rogan, Theo Von, Musk’s launchpad, who’s, Anna Moneymaker, Kim Jong Un, MAGA, Elton John, DOGE, Andrew Harnik, Tim Pawlenty, CNN’s Erin Burnett, “ Trump, Volodymyr Zelensky, Emmanuel Macron, Kim Organizations: CNN, Elon, SpaceX, Texas, White, Trump, University of Central, of Government, Fox News, Tesla, UFC, Madison, Getty, YouTube, Barstool Sports, Republican Party, House Republicans, Hyatt, Minnesota Gov Locations: Texas, Washington, New York, Great State of Texas, He’s, Trump, Gulf of Mexico, United States, University of Central Florida, AFP, Novi , Michigan, Korean, Washington ,, Mar, Minnesota, Russia, Paris

☆ Nvidia's earnings cleared our lofty bar. Here’s our new price target on the AI chip king
▼ + stars: | 2024-11-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Simply put, the leading maker of AI chips again fell victim to the curse of high expectations. Through its Nvidia AI Enterprise service, Nvidia is in the process of building out a potentially massive software business. Now, as we start this next generation, we'll be seeing models run on 100,000 Blackwell chips — and scaling is still in effect. Huang's argument is that going beyond 100,000 Blackwell chips will yield even more capable models. It's a fair question to ask because Nvidia's stock has historically taken a pretty big hit when its customers – such as cloud-computing providers – start uttering that phrase.

Persons: That's, Nvidia's, Blackwell, Colette Kress, Hopper, Kress, Jensen Huang, Huang, there's, Jim Cramer's, Jim Cramer, Jim, Akio Kon Organizations: Nvidia, Revenue, Enterprise, Devices, Intel, Hopper, Blackwell, Microsoft, Meta, CNBC, Nvidia Corp, Summit Japan, Bloomberg, Getty Locations: U.S, Tokyo, Japan

☆ Trump tariffs to push down U.S. growth 'a great deal' going into 2026, Morgan Stanley warns
▼ + stars: | 2024-11-20 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Donald Trump's proposed tariffs will dent U.S. economic growth going into 2026, said Morgan Stanley's chief global economist Seth Carpenter. In the event that they are enacted all at once, they could result in a "big negative shock" to the economy, Carpenter told CNBC's Sri Jegarajah on the sidelines of Morgan Stanley's annual Asia Pacific Summit in Singapore. Carpenter, who maintained Morgan Stanley's base case of these tariffs being spread over 2025, said they would lead to higher inflation. "Then into 2026, we think growth starts to come down a great deal in the U.S. because of those tariffs and some of the other policies," he cautioned. Very clear, tariffs are a drag on growth for the U.S., not just for the countries that the tariffs are put on," Carpenter added.

Persons: Donald Trump's, Morgan Stanley's, Seth Carpenter, Trump, Carpenter, CNBC's Sri, Morgan, Mark Malek, Siebert, Joe Biden, Trump's, Malek, Ben Emons Organizations: Asia Pacific Summit, Microsoft, Apple, U.S . Federal Reserve, FedWatch Advisors Locations: China, CNBC's Sri Jegarajah, Morgan Stanley's, Singapore, U.S

☆ Mary Jane Veloso: Indonesia agrees to send Filipino death-row drug convict back to the Philippines
▼ + stars: | 2024-11-20 | by ( Story The Associated Press | ) edition.cnn.com time to read: +4 min

“Mary Jane Veloso is coming home,” Marcos said in a statement. Philippine Foreign Undersecretary Eduardo de Vega said at a news conference in Manila that Filipino authorities would discuss the legal terms of Veloso’s transfer with their Indonesian counterparts. The Indonesian government has asked the Department of Justice in Manila to formally request Veloso’s transfer back to the Philippines, Justice Department spokesperson Mico Clavano said. Veloso traveled to Indonesia in 2010 where her godsister reportedly told her a job as a domestic worker awaited her. That Philippine case helped convince Indonesian authorities to delay Veloso’s execution and eventually consider her transfer back to her country, Clavano said.

Persons: Ferdinand Marcos Jr, Marcos, Prabowo Subianto, Mary Jane Veloso, “ Mary Jane Veloso, ” Marcos, “, Mary Jane’s, Veloso, Yusril Ihza Mahendra, Subianto, Eduardo de Vega, Mico Clavano, ”, godsister, Josefiel Rivera, Clavano Organizations: Philippines AP, Philippine, Indonesia’s, Law, Human Rights, Indonesian, Department of Justice, Justice, Indonesia —, Roman Catholic, Department of Foreign Affairs, AP Philippine Locations: Manila, Philippines, Indonesia, Philippine, Australia, Brazil, France, Ghana, Nigeria, Pasay

☆ Diddy may ask a judge to drop his sex trafficking case because the Bureau of Prisons took pictures of his to-do list
▼ + stars: | 2024-11-20 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Photos of Combs' handwritten to-do list should never have been given to prosecutors, a lawyer said. "I think it's clear that this material is outside the defense defending a criminal case," the prosecutor told the judge of the to-do list excerpts. The filter team then extracted all attorney-client material before passing the remaining photographs along to the Combs prosecutors, Slavik told the judge. Combs is due back in court on Friday, when his defense team will make a third argument for bail. Prosecutors cannot refer to Combs' disputed to-do list tasks in opposing bail, the judge ordered.

Persons: Sean, Diddy, Combs, —, Marc Agnifilo, Arun Subramanian, Agnifilo, Christy Slavik, Slavik Organizations: of Prisons, News, US, Brooklyn's Metropolitan Detention Locations: Brooklyn, Manhattan, Brooklyn's

☆ Wall Street awaits Nvidia's earning report for clues about the chip giant's future
▼ + stars: | 2024-11-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, all eyes are on Nvidia's earnings report after the bell and what it says about the chip giant's future. As the world's top provider of AI chips, demand for Blackwell is a bellwether for the industry's appetite for continued investment in AI. Reports of Blackwell chips overheating spooked the market earlier this week. AdvertisementIt's another cost companies investing in AI chips need to consider in addition to the energy required to fuel them, which has been a headache for tech giants . Barclays trimmed earning estimates next year by as much as 10% for some of the biggest buyers of AI chips, like Meta, Amazon, and Alphabet.

Persons: Jocko, we've, Getty, Tyler Le, It's, Matthew Fox, Blackwell, Jensen Huang, —, BI's Emma Cosgrove, There's, hasn't, Howard Lutnick ANGELA WEISS, Howard Lutnick, Cantor Fitzgerald, Julian Robertson, Tiger hasn't, Goldman, Vivek Bantwal, Goldman Sachs, Rebecca Zisser, Rob Kim, Arturo Holmes, Chelsea Jia Feng, Trump's, Elon, colluding, Gary Wang, Sam Bankman, Gina Raimondo, Antony Blinken, Bill Hwang, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Retired Navy, Nvidia, Blackwell, Barclays, Getty, Trump, New, Tiger Management, Partners, Companies, Alexa, Uber, Ticketmaster, Apple, Google, DOJ, International Network of AI, Archegos Capital Management Locations: New York, Silicon, San Francisco, Chicago, London

☆ North Korea appears to be sending its powerful howitzers to the Ukraine war, where artillery has been king
▼ + stars: | 2024-11-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

AdvertisementNorth Korea appears to have transferred different types of artillery systems to Russia. The development comes as North Korean troops are fighting against Ukraine on behalf of Russia. North Korea appears to have sent its big guns to Russia, furthering its support of Moscow's grinding war against Ukraine, a conflict in which artillery has been a dominant player. AdvertisementImages began to surface on social media last week showing what were identified as North Korean "Koksan" 170mm self-propelled howitzers traveling by rail across Russia. North Korea now shipping artillery systems to Russia — this in addition to shells, men, and missiles it is already sending.

Persons: Kasapoğlu, ZHBemaVVXM, 3lOtCi13TO — Oliver Carroll, Chung Sung, it's, Joe Biden Organizations: Ukraine, Western, Hudson Institute, Korean, Center for Strategic, Studies ' Missile, Artillery Rocket Systems, US Defense Intelligence Agency, DIA, Getty, Artillery, North Korean, Kyiv's, NATO Locations: Korea, Russia, South Korea, North Korea, Ukraine, Korean, Pyongyang, Kyiv, Moscow, Seoul, Kursk

☆ US Proposes Forcing Google to Sell Chrome to Fix Search Monopoly
▼ + stars: | 2024-11-20 | by ( David Mccabe | ) www.nytimes.com time to read: +1 min

The request follows a landmark ruling in August by Judge Amit P. Mehta of the U.S. District Court for the District of Columbia that found Google had illegally maintained a monopoly in online search. Judge Mehta asked the Justice Department and the states that brought the antitrust case to submit solutions by the end of Wednesday to correct the search monopoly. Beyond the sale of Chrome, the government asked Judge Mehta to give Google a choice: either sell Android, its smartphone operating system, or bar Google from making its services mandatory on phones that use Android to operate. If Google broke those terms, or the remedies failed to improve competition, the government could force the company to sell Android at a later date. Google should also be required by the court to allow rival search engines to display the company’s results and access its data for a decade, the government said.

Persons: Judge Amit P, Mehta, Judge Mehta Organizations: Justice Department, Google, U.S, District of, Chrome, Apple Locations: District of Columbia

☆ Russia's top central banker says the country's economy is at a 'turning point'
▼ + stars: | 2024-11-20 | by ( Meghan Morris | Huileng Tan | ) www.businessinsider.com time to read: +3 min

AdvertisementRussia's central bank has been hiking its key interest rate to combat inflation. Business leaders have slammed Russia's increasing interest rate, saying it restricted their growth. Russia's top central banker, Elvira Nabiullina, told the government yesterday that the country is approaching a "turning point" for inflation and interest rates, Moscow-based RBC Group reported. Last month, to tame prices, Russia's central bank hiked its key interest rate to a record high of 21%. He also downgraded Russia's fixed capital investment growth from 1.9% to 1%, blaming the central bank's key rate.

Persons: Elvira Nabiullina, Nabiullina, Andrei Klepach, Alexander Shokhin Organizations: Business, RBC Group, State Duma, Industrialists Locations: Moscow, Ukraine, Russia, Russian Union

☆ Act now for $7,500 EV tax credit: There's 'real risk' Trump will axe funding in 2025, lawyer says
▼ + stars: | 2024-11-20 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Chris Unger | Ufc | Getty ImagesThere's considerable uncertainty over the contents of a future Republican tax package and the fate of the EV credit, experts said. Repealing all the IRA's green energy tax credits, including the EV credit, would offset that cost by about $921 billion, it said. She was getting ready to buy one thanks to the $7,500 EV credit, which made the vehicles more affordable, she said. To wait and buy in 2025 is "too big of a gamble" given Trump's antipathy toward the EV credit, she said. There's no question there's real risk in the EV credit going away.

Persons: Donald Trump, Jamie Wickett, Hogan Lovells, Wickett, Joe Biden, Trump, Chris Unger, Laura, Hogan, —, wouldn't, it's, Ingrid Malmgren, Malmgren Organizations: Digitalvision, Getty, Biden, Republicans, Capitol, IRA, Elon, UFC, Madison, Garden, Ufc, Security, Tax, Chrysler Pacifica, Local, Plug, U.S . Treasury Department, Treasury Locations: New York, Charlotte , North Carolina

☆ Trump demands immediate dismissal of hush-money case, saying he can't be sentenced while president-elect or president
▼ + stars: | 2024-11-20 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

AdvertisementLawyers for Donald Trump on Wednesday demanded the immediate dismissal of his hush-money case. Trump can't be sentenced while either president-elect or president, they argued. Donald Trump's legal team filed for immediate dismissal of his New York hush-money case on Wednesday, arguing that he cannot be sentenced while either president-elect or president. "On November 5, 2024, the Nation's People issued a mandate that supersedes the political motivations of DANY's 'People,'" the defense filing concludes, using the acronym for the District Attorney of New York. One prosecutor should not have "practical power to interfere with the ability of a popularly elected president to carry out his constitutional functions," the defense filing says.

Persons: Donald Trump, Trump, Donald Trump's, Trump's, DANY's, Todd Blanche, Emil Bove, Attorney Alvin Bragg, Bragg, Juan Merchan, Stormy Daniels Organizations: Wednesday, District, Manhattan, Attorney, Democrat, New York City Locations: Manhattan, York, New York, New

☆ Jim Cramer says he's feeling even more confident in Apple's future. Here's why
▼ + stars: | 2024-11-20 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Jim Cramer said Wednesday he's feeling even better about Apple after a new piece of Wall Street research. "This piece makes me feel more confident [about Apple]," Jim said Wednesday. "They are transitioning in a very deft way from making China by far their biggest market to India," Jim said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. An Apple logo is displayed on a smartphone with stock market values in the background.

Persons: Jim Cramer, Bernstein, Toni Sacconaghi, —, Jim, Donald Trump's, Jim Cramer's Organizations: Apple, JPMorgan, Apple's, F1Q25, UBS, Apple Intelligence, CNBC, Getty Locations: China, India, Philippines, Indonesia

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