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☆ Cyclical and defense stocks fluctuating on Trump vs. Harris win, says UBS' Maxwell Grinacoff
▼ + stars: | 2024-11-05 | 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 EmailCyclical and defense stocks fluctuating on Trump vs. Harris win, says UBS' Maxwell GrinacoffMaxwell Grinacoff, head of U.S. equity derivatives research at UBS, weighs in on the impact of the U.S. election on stock markets.

Persons: Harris, Maxwell Grinacoff Maxwell Grinacoff Organizations: Trump, UBS

☆ CEOs are clamoring for bodyguards as the world feels more dangerous, a top security boss says
▼ + stars: | 2024-11-05 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

More executives are seeking protection, a private security firm chief told The Financial Times. Steve Jones, the chief executive of security company Allied Universal, told The Financial Times that global political instability had created increased demand for security services. AdvertisementLast year, Alex Bomberg, chief executive of Intelligent Protection International, told Financial News that demand for executive security had doubled in 12 months. According to Allied's World Security Report, in 2022, companies lost more than $1 trillion in revenue due to physical security incidents. AdvertisementOne in four publicly listed companies reported a drop in their value after a physical security incident over the last year, the report said.

Persons: Steve Jones, Jones, We've, Allianz's, Mark, Sundar, Alex Bomberg, It's, that's Organizations: Financial Times, Service, Allied Universal, Fortune Business, Trump, Allianz Insurance, Palestine, Group, Web Services, Google, Business, Companies, Meta, Intelligent Protection, Financial News Locations: Israel, Washington ,, Germany

☆ The U.S. election is a make-or-break moment for aid to Ukraine
▼ + stars: | 2024-11-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +10 min

Kevin Lamarque | ReutersTensions are likely running high in Kyiv ahead of Tuesday's presidential election in the U.S. — a vote that could make or break ongoing aid for Ukraine. Officials in Kyiv say the election is being watched closely, amid concerns that future aid could be cut. In the week before the presidential election, Western officials were reported as saying that a Harris administration would likely struggle to push significant aid for Ukraine through Congress. A win by Donald Trump could see him placing a phone call to Russian President Vladimir Putin as early as 6 November. Then President Donald Trump and Russian President Vladimir Putin at a joint press conference after their summit on July 16, 2018, in Helsinki, Finland.

Persons: Volodymyr Zelenskiy, Kamala Harris, Kevin Lamarque, —, Donald Trump, Joe Biden, It's, Trump, it's, Yuriy Sak, J.D, Vance, JD Vance, Carlos Osorio, Putin, Harris, Timothy Ash, Reuters Ash, Ash, Tim Willasey, Vladimir Putin, Chris McGrath Organizations: U.S, White, Reuters, NBC News, Republican, Democrats, NATO, Russia, Ukrainian, CNBC, Anadolu, Getty, Kiel Institute of, European Investment Bank, European Commission, Republicans, Kyiv, Reuters Trump, Berenberg Bank, Berenberg, Washington, Congress, Trump, Ukraine, BlueBay Asset Management, Democratic, Royal United Services Institute Locations: Washington , U.S, Kyiv, U.S, Ukraine, United States of America, United States, America, Russia, Toretsk, Donetsk, Donbas, Moscow, St, Cloud , Minnesota, Europe, Belgian, Helsinki, Finland

☆ Palantir hits record high as defense adopts AI tech
▼ + stars: | 2024-11-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPalantir hits record high as defense adopts AI techCNBC's Deidre Bosa joins 'The Exchange' to discuss why Palantir shares are surging today.

Persons: Bosa

☆ Company executives are speaking out on Election Day: Starbucks' Howard Schultz calls for a peaceful transition of power
▼ + stars: | 2024-11-05 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +9 min

Business leaders are speaking out on Election Day — including Starbucks founder Howard Schultz. AdvertisementElection Day has finally come, and executives at some of the biggest companies are speaking out — with former Starbucks CEO Howard Schultz urging a peaceful transition of power and Elon Musk reiterating his support for Donald Trump to the end. Major players like Musk and Blackstone CEO Stephen Schwarzman have previously endorsed former President Trump. "Once every vote is counted and certified, we must accept the results of the election and ensure the peaceful transition of power," he said. In addition to re-posting several pro-Trump messages from other X users, Musk wrote a few election-related posts of his own.

Persons: Howard Schultz, Schultz, Elon Musk, Reid Hoffman, Harris, —, Donald Trump, Stephen Schwarzman, Trump, Mark Cuban, Kamala Harris, Insider's Bryan Metzger, he's, Howard Schultz Howard Schultz, Spencer Platt, Joe Biden, Hillary Clinton, Reid Hoffman Reid Hoffman, Kimberly White, Hoffman, " Hoffman, Marc Piasecki, Musk, Joe Scarborough, Vinod Khosla Vinod Khosla, Steven Ferdman, Vinod Khosla, Kamala, Khosla, Robert F, Kennedy Jr, Cantor Fitzgerald, Howard Lutnick Howard Lutnick, ANGELA WEISS, Howard Lutnick, Lutnick, Palmer Luckey Palmer Luckey, Oculus, Patrick T, Fallon, Palmer, Luckey, Walz, Andrew Bosworth, JOSH EDELSON, Getty Andrew Bosworth, Bosworth, Eli Lilly, Lockheed Martin, General Mills, Johnson Organizations: Starbucks, Trump, Service, Blackstone, Getty, LinkedIn, Greylock Partners, Liberty, SpaceX, Elon Musk Elon, Tesla, Pennsylvania, Billionaire, Sun Microsystems, Wall Street, Philadelphia Inquirer, Financial Times, Bloomberg, Anduril Industries, Meta, Big Tech, National Association of Manufacturers, General Motors, Penske, Panasonic Locations: Jerusalem, Fortnite, AFP

CNN —Israeli Prime Minister Benjamin Netanyahu has fired Defense Minister Yoav Gallant after months of clashes over domestic politics and Israel’s war efforts. In a recorded statement Tuesday evening, Netanyahu said that “trust between me and the minister of defense has cracked.”Israel Katz, currently the foreign minister, will become defense minister. Gideon Sa’ar will replace Katz as foreign minister, the prime minister’s office said Tuesday. Thomas Koehler/picture-alliance/dpa/APSa’ar, whom Netanyahu has tapped for foreign minister, is thought to be an influential interlocutor to the ultra-Orthodox parties. I will not facilitate this.”Netanyahu said he would fire the defense minister, but reversed his position following pressure.

Persons: Benjamin Netanyahu, Yoav Gallant, Netanyahu, ” Israel Katz, Gideon Sa’ar, Katz, Gallant, Lloyd Austin, ” Netanyahu, “, ”, Bibi, ” Gallant, Israel Katz, Thomas Koehler, ensnare Netanyahu, Itamar Ben Organizations: CNN, Israeli, US, Israel Defense Forces, ” Israel's, AP, National, Hamas Locations: United States, Israel, Iran, Jerusalem, Tel Aviv, Gaza, Egypt

☆ NFL Week 9 takeaways: Chiefs and Lions on Super Bowl collision course? Improvement from Bryce Young? Chargers showing promise?
▼ + stars: | 2024-11-05 | by ( Ben Morse | ) edition.cnn.com time to read: +27 min

Peter Casey/USA Today Sports/Reuters Denver Broncos quarterback Bo Nix scores a rushing touchdown in Denver on October 27. Jed Jacobsohn/AP Indianapolis Colts wide receiver Alec Pierce is tackled by Miami Dolphins linebacker Jordyn Brooks on October 20 in Indianapolis. Samuel became the first wide receiver in NFL history with 20 touchdown receptions and 20 touchdown runs after scoring on a 76-yard touchdown catch. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8.

Persons: Garrett Wilson, Kamari Lassiter, Seth Wenig, Donovan Wilson, Eric Kendricks, Ryan Neuzil, Bijan Robinson, Danny Karnik, Daniel Jones, Luke Hales, Bo Nix, Greg Fiume, Jayden Daniels, Austin Ekeler, Saquon, Jarrian Jones, Elsa, Ra St, Brown, Tim Patrick, Tork Mason, Devin Singletary, Joey Porter Jr, Joe Sargent, Noah Brown, Mary, Peter Casey, Morgan Engel, Chase Brown, Sydney Brown, Joseph Maiorana, Tua Tagovailoa, Carmen Mandato, Sam Darnold, Byron Young, Young, Tra Blake, Mark J, Terrill, Justin Herbert, Mack Wilson Sr, Michael Owens, Chris Conley, Trent McDuffie, Jed Jacobsohn, Alec Pierce, Jordyn Brooks, Andy Lyons, Brandon McManus, Morry Gash, Zach Ertz, DaVon Hamilton, Julian Finney, Riley Moss, Ladd McConkey, Ron Chenoy, Brian Branch, Matthew Pearce, Patrick McDermott, Pat Surtain, AAron Ontiveroz, C.J, Gardner, Johnson, David Njoku, Matt Rourke, Claudin, Kirk Cousins, Grant Halverson, Caleb Williams, Williams, Zac Goodwin, Deebo Samuel, Samuel, John Froschauer, Isaac Yiadom, Ji'Ayir Brown, DK Metcalf, Steven Bisig, Willie Gay Jr, Gay, Ed Zurga, Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Cooper Neill, Aaron Rodgers, Rodgers, Christian Petersen, Tremon Smith, Greg Zuerlein, Ja'Tavion Sanders, Germaine Pratt, Eric Murray, George Kittle, Darius Slayton, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Calvin Austin III, Brandon Sloter, Johnny Mundt, Stephen Maturen, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Patrick Mahomes scrambles, Charlie Riedel, they’ve, DeAndre Hopkins, Jared Goff’s, Andy Reid, Dan Campbell, Campbell, Jeff Hanisch, Bryce Young, there’s, Andy Dalton, –, Matt Kelley, Dave Canales, ” Canales, “, “ I’m, Bryce, you’ve, ’, Robert Hunt, I’ve, I’m, Brian Westerholt, Jim Harbaugh, Brandon Staley, Harbaugh, Herbert, Jason Miller, Quentin Johnston, Johnston –, McConkey, Jameis Winston, ”, Kirk Irwin Organizations: CNN, NFL, National Football League . New York Jets, Houston Texans, MetLife, Jets, AP Dallas Cowboys, Atlanta Falcons, Falcons, Cowboys, AP New York Giants, Giants, Washington, Getty Images Denver Broncos, Baltimore Ravens, Ravens, Broncos, Getty Images, Austin, New York Giants, Getty, Philadelphia Eagles, Saquon Barkley, Jacksonville Jaguars, Eagles, Getty Images Detroit Lions, St, Green Bay Packers, Lambeau, The Lions, USA, Sports, Reuters New York Giants, Pittsburgh Steelers, Steelers, Pittsburgh, Chicago Bears, Reuters Denver Broncos, Carolina Panthers, Getty Images Cincinnati Bengals, Reuters Miami Dolphins, Arizona Cardinals, Hard, Dolphins, Getty Images Minnesota Vikings, Los Angeles Rams, Rams, Los Angeles Chargers, Chargers, San Francisco 49ers, Kansas City Chiefs, AP Indianapolis Colts, Miami Dolphins, The Colts, Packers, AP Washington, Getty Images Jacksonville Jaguars, New England Patriots, Jaguars, Reuters Detroit Lions, Dallas Cowboys, Denver Post, Cleveland Browns, AP Carolina Panthers, Atlanta, Panthers, Getty Images Chicago Bears, Tottenham Hotspur, Seattle Seahawks, Reuters New, Reuters New Orleans Saints, Chiefs, Saints, AP Minnesota Vikings, New York Jets, Vikings, AP Buffalo Bills, Bills, AP Jacksonville Jaguars, Indianapolis Colts, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Cardinals, 49ers, Las Vegas Raiders, Minnesota Vikings, Cincinnati Bengals, Bengals, Getty Images Houston Texans, Jacksonville, Texans, Reuters, Getty Images Pittsburgh Steelers, Tennessee Titans, The Jets, Reuters Atlanta Falcons, AP Kansas City Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters New York Jets, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, AP Tennessee Titans, Titans, Bears, Patriots, São Paulo, The Eagles, Neo, AP Baltimore Ravens, Arrowhead, Lions, Detroit Lions, The Chiefs, NFC North, Bucs, Kansas City, AFC, Detroit, NFC, Denver Broncos, New, New Orleans Saints, Young, AP Chargers, Michigan, Harbaugh, Browns, North, Cleveland, ”, Los, Thursday Houston Texans, New York Jets Sunday Dallas Cowboys, Atlanta Falcons Denver Broncos, Baltimore Ravens Miami Dolphins, Buffalo Bills New Orleans Saints, Carolina Panthers Las Vegas Raiders, Cincinnati Bengals Los Angeles Chargers, Cleveland Browns Washington, New York Giants New England Patriots, Tennessee Titans Chicago Bears, Arizona Cardinals Jacksonville Jaguars, Philadelphia Eagles Detroit Lions, Green Bay Packers Los Angeles Rams, Seattle Seahawks Indianapolis Colts Locations: East Rutherford , New Jersey, Atlanta, Baltimore, Philadelphia, Green Bay , Wisconsin, Landover , Maryland, Denver, Cincinnati, Miami, Inglewood , California, Glendale , Arizona, Santa Clara , California, Indianapolis, London, Arlington , Texas, Charlotte , North Carolina, Seattle, Reuters New Orleans, Kansas City , Missouri, Houston, Jacksonville , Florida, Orchard Park , New York, Pittsburgh, Minneapolis, Nashville, Miami Gardens , Florida, Cleveland, Tampa , Florida, Chicago, São, South America, Detroit, New Orleans, Alabama, Carolina, Los Angeles, North America

☆ Josh Stein will win North Carolina governor’s race, CNN projects
▼ + stars: | 2024-11-05 | by ( Arit John | ) edition.cnn.com time to read: +3 min

CNN —Democratic state Attorney General Josh Stein will win North Carolina’s gubernatorial race, CNN projects, defeating Republican Lt. Gov. Stein, who is currently serving his second term as attorney general, will become the state’s first Jewish governor. Though Democrats predicted a competitive race in the state, Robinson’s history of inflammatory comments ultimately doomed his campaign. Ahead of and after the story’s release, Robinson rejected calls from Republicans to drop out of the race. Born in Washington, DC, Stein’s family relocated to North Carolina when he was young.

Persons: Josh Stein, Mark Robinson, Stein, Roy Cooper, Robinson, ”, Pat McCrory, Sen, Thom Tillis, Adam Stein Organizations: CNN, Democratic, North, gubernatorial, Republican, Gov, Democratic Gov, Republicans, GOP, Dartmouth College, Harvard University Locations: Nazi, Washington ,, North Carolina, Greensboro, Parkland , Florida

☆ Former Ohio police officer found guilty of murder in Andre Hill shooting
▼ + stars: | 2024-11-04 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

A white former police officer who killed a Black man as he walked out of a garage four years ago in Columbus, Ohio, was found guilty of murder on Monday. Adam Coy, 48, faces life in prison for fatally shooting Andre Hill, 47, on Dec. 22, 2020. Coy was found guilty by a jury on all three counts: murder, reckless homicide and felonious assault. Protesters gather on Feb. 5, 2021, after former Columbus, Ohio, police officer Adam Coy was arraigned in the fatal shooting of Andre Hill. During the trial, Coy testified that he mistakenly believed Hill was holding a revolver when he fired four shots.

Persons: Adam Coy, Andre Hill, Coy, Hill, Stephen Zenner, ” Coy, “, ’, Kaitlyn Stephens, Stephens, Anthony Pierson, ” Pierson Organizations: Coy, Getty, Columbus Police Department, NBC Locations: Columbus , Ohio, AFP, Columbus

He recently told the Wall Street Journal editorial board that Chinese President Xi Jinping respects him but also knows he’s “crazy” and wouldn’t provoke him. But Chinese officials might also see potential for Musk to be a mitigating influence on issues such as tariffs. Like other American business leaders, Musk has met with senior Chinese officials as Beijing courts international companies. AP fileIf Chinese officials receive Musk almost like a world leader, the Chinese public treats him like a rock star. Chinese officials have not been shy about making the connection between what Musk says and where he makes his money.

Persons: Donald Trump, Elon Musk, Jia Qingguo, Trump, ” Jia, Xi Jinping, he’s, ” Trump, Joe Biden’s, “, they’re, ”, Kelly Grieco, Musk, Li Qiang, Qin Gang, ” Grieco, Jennifer Lian, Henry Kissinger, Ian Bremmer, Tesla, Kuan, “ He’s, ” Tesla, Li Keqiang, Li, ” Musk, Grieco, didn’t, Xi, Qin, Hsiao, Kamala Harris, Janis Mackey Frayer, Jennifer Jett Organizations: SHANGHAI, Trump, Peking University, NBC News, Wall Street, Stimson, Qin, Weibo, Communist Party ., Eurasia Group, SpaceX, Shanghai Gigafactory, Getty, U.S, Shanghai, NBC, Global Times, Financial Times, Beijing, Washington, U.S ., Democratic Locations: China, Beijing, Musk, Washington, U.S, United States, York, Shanghai, Chinese, Jiangsu, Xinjiang, Taiwan, Hong Kong, Starlink, Ukraine, Russian, British, European

WASHINGTON — The Supreme Court on Monday agreed to decide a thorny legal dispute from Louisiana involving the state's effort to draw a congressional district map while navigating claims it is unlawfully considering race. One lawsuit claimed that the state had to draw a map containing two majority Black districts to comply with the federal Voting Rights Act. A federal court struck the new map down, but with time running out to finalize the congressional districts before this year’s elections, state officials successfully asked the Supreme Court to put the lower court decision on hold in May. The Supreme Court has a 6-3 conservative majority that, in a surprising move, buttressed the federal Voting Rights Act in 2023 in another racial gerrymandering case involving the congressional map in Alabama. The court will hear oral arguments and issue a ruling in the Louisiana case during its current term, which ends in June.

Persons: WASHINGTON —, Benjamin Aguiñaga, Mike Johnson, “, Phillip Callais Organizations: Republican, Legal Defense Fund, ”, Republicans, Representatives Locations: Louisiana, American, Black, Alabama

The Israeli prime minister was engulfed in scandal Monday over a case involving one of his aides that has sent shockwaves across the country. The firestorm — brought into public view when an Israeli court loosened a gag order Sunday night — has enraged Netanyahu's political opponents and hostage families. Palestinians fill containers with clean water in the midst of the devastation in Beit Lahia, northern Gaza on Sunday. The Israeli leader faced mounting outrage from hostage families and much of the country's public over his failure to agree to a cease-fire deal. Prime Minister of Israel Benjamin Netanyahu during the United Nations General Assembly in New York on Sept. 27.

Persons: Benjamin Netanyahu, —, Netanyahu, Shin, Eliezer Feldstein, Feldstein, Israel Benjamin Netanyahu, Pamela Smith, Benny Gantz, it’s, Yair Lapid, Lapid Organizations: Rishon, Zion, Israel Defense Forces, Israel Security Agency, AFP, Getty, NBC, Chronicle, Jewish, NBC News, Military Intelligence Directorate, United Nations General Assembly, AP Locations: Gaza, Beit Lahia, London, Egypt, Israel, Philadelphi, New York, Netanyahu's

Former President Donald Trump's campaign spent the final Sunday of the 2024 election on all-too-familiar turf: responding to the reaction to the candidate. Just hours earlier, Vice President Kamala Harris, the Democratic nominee, made a very traditional — and politically safe — appearance on NBC's "Saturday Night Live." Trump campaign aides did not respond to a request for comment. Rob Godfrey, a South Carolina-based Republican strategist, said Trump has handed Harris gifts by playing into her strategy. Last week, Democrats had to perform clean-up duty on a surrogate who has largely been absent from her campaign: President Joe Biden appeared to say Trump's supporters are "garbage."

Persons: Donald Trump's, Trump, Steven Cheung, Kamala Harris, Harris, Maya Rudolph, —, Rob Godfrey, ” Godfrey, ” Trump, Faiz Shakir, Sen, Bernie Sanders, He's, Shakir, Joe Biden, Virginia —, Deshaun, “, ” Hall Organizations: Sunday NBC, Democratic, White, Electoral College, NBC News, — Trump, Trump Locations: Lancaster, Pennsylvania, Tuesday's, South Carolina, Puerto Rico, Washington, New Mexico, Virginia

As the battle for Congress comes to a close, here are five things to watch:1. Republicans have long been concerned about Democrats’ massive fundraising advantage in House and Senate races. Nearly $1.6 billion has been spent on ads in Senate races since Labor Day, with Democrats spending $803 million and Republicans spending $758 million, according to AdImpact. More than $1 billion has also been spent on ads in House races since Labor Day, with Democrats spending $615 million to Republicans’ $448 million, according to AdImpact. In the Maryland Senate race, Republicans have tried to pull off an upset by recruiting former GOP Gov.

Persons: Donald Trump, Kamala Harris, Trump, Jon Tester, Ohio’s Sherrod Brown, Brown, Tim Sheehy, Bernie Moreno, Jim Justice, Sen, Joe Manchin, Joe Biden, Harris, Pennsylvania’s Bob Casey, Wisconsin’s Tammy Baldwin, Nevada’s Jacky Rosen, Maine Republican Susan Collins, Biden, Casey, Dave McCormick, Rosen, Roe, Wade, ’, That’s, Dan Osborn, GOP Sen, Deb Fischer, Fischer, Osborn, Colin Allred, Ted Cruz, they’re, Debbie Mucarsel, Powell, Rick Scott, Allred, Larry Hogan, Hogan, Angela Alsobrooks Organizations: White, Republicans, House, Republican, Navy, West Virginia Gov, Democratic, Trump, GOP, Maine Republican, Senate, Freedom Caucus, Democrats, Labor, ’, Republicans ’, PAC, Maryland Senate, GOP Gov, Hogan Locations: California, New York, Arizona, Michigan, Maine, Pennsylvania, Nevada, Allentown, Harrisburg, Nebraska, Cornhusker, Texas, Florida, Maryland

☆ Iran is debating what defense and deterrence it has left, says CFR's Michael Froman
▼ + stars: | 2024-11-04 | 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 EmailIran is debating what defense and deterrence it has left, says CFR's Michael FromanMichael Froman, Council on Foreign Relations president, joins 'Squawk Box' to discuss the state of the Middle East conflict, news of Iran planning a 'strong and complex' response to Israeli airstrike on October 26th, impact of the 2024 election, and more.

Persons: CFR's Michael Froman Michael Froman Organizations: Iran, Foreign Relations Locations: Iran

☆ A NATO country rejected offshore wind farms it said could slow its response to a Russian missile attack
▼ + stars: | 2024-11-04 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Sweden has dropped plans for 13 wind farms in the Baltic Sea due to security concerns. Wind turbines could interfere with radar and slow Sweden's missile response, its army said. A recent study found that an additional minute could be added to the country's missile response time. Sweden, which joined NATO earlier this year, shares a coast on the Baltic Sea with Russia. The reaction time in the event of a missile attack could go from 2 minutes to 60 seconds with wind farms in the way.

Persons: Pål Jonson, Jonson Organizations: Service, NATO Locations: Sweden, Baltic, Russia

☆ Delphi murders suspect confessed to crimes in prison
▼ + stars: | 2024-11-04 | by ( Zoe Sottile | Jean Casarez | ) edition.cnn.com time to read: +9 min

Prosecutors say Allen actually confessed over 60 times to the murders while in prison, to his wife, his mother, family members, the prison warden, the psychologist who treated him in prison, other prison employees and other inmates. The jury on Thursday heard recordings of seven prison phone calls Allen made to his wife and mother, according to WTHR. Monica Wala, the prison psychologist who treated Allen at Westville Correctional Facility, testified for the prosecution that he confessed to the crimes multiple times, once in great detail, according to WTHR. He also spoke about wanting to go back and change his actions and apologize to the families, Wala testified. He had a serious mental health history and had experienced both major depressive disorder and anxiety disorder, Wala testified during cross-examination.

Persons: CNN — “, Abby, Libby, Richard Allen, Allen, Abigail “ Abby ” Williams, Liberty “ Libby, “ Honey, ”, WTHR, “, we’ve, ‘, Monica Wala, I’m, Wala, –, John Galipeau, Galipeau, Michael Clemons, Richard Matthew Allen, Michael Conroy, Deanna Dwenger, Brad Rozzi, ” WTHR, Frances Gull, Odinism, Gull, Tobe Leazenby, Darrell Sterrett, Stacy Bozinovski, Bozinovski, Jennifer Auger, “ Richard Allen Organizations: CNN, WTHR, Prosecutors, Liberty, Westville Correctional Facility, WRTV, CVS, Courthouse, AP Defense, Indiana Department of Corrections Behavioral Health, ”, Delphi Locations: Allen, an Indiana, Delphi , Indiana, Delphi, Westville, Wala, Carroll

☆ Ukraine's drone teams are operating more like tech startups than military units
▼ + stars: | 2024-11-04 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

Ukraine's drone units are operating more like scrappy startups than traditional military units. AdvertisementSome of Ukraine's drone units are operating more like edgy tech start-ups than military units, as they continue to play an oversized role in the country's military defenses. According to a report by The Wall Street Journal, drone pilots are now the deadliest soldiers on the modern battlefield. The Journal met with Clear Eyes, a drone battalion that started out as unpaid civilian enthusiasts relying on commercial drones to track Russian military movements. Dakhno is now a drone pilot who claims to have killed about 300 Russian soldiers in a year and a half, and to have once flown a drone with a 9-pound bomb into a school auditorium where Russian soldiers were sheltering.

Persons: —, Heorhiy Volkov, Volkov, Oleksandr Dakhno, Volodymyr Zelenskyy Organizations: Street Journal, Service, Wall Street Journal, The, Clear Locations: Ukraine, Russia, Crimea

☆ US soldier injured earlier this year on Gaza pier mission has died
▼ + stars: | 2024-11-04 | by ( Haley Britzky | ) edition.cnn.com time to read: +2 min

CNN —A US soldier who was critically injured over the summer while on the temporary Gaza pier mission died last week, the Army said Monday. Quandarius Davon Stanley, was one of three US service members injured in non-combat incidents during the mission, though two were immediately returned to duty after suffering minor injuries. “Stanley was injured while supporting the mission that delivered humanitarian aid to Gaza in May 2024 and was receiving treatment in long-term care medical center,” Capt. Our entire unit mourns alongside his family.”It’s unclear how exactly Stanley was injured, though officials have emphasized that it was not combat related. The pier mission was a highly visible effort by the Biden administration to get more humanitarian aid into Gaza amid Israel’s war with Hamas.

Persons: Quandarius Davon Stanley, Stanley, “ Stanley, Shkeila Milford, Sgt Quandarius Stanley, ” Col, John “ Eddie ” Gray, “, —, Adm, Bradley Cooper, ” Stanley, Biden, ” Organizations: CNN, Army, 7th Transportation Brigade, Base, 3rd Expeditionary Sustainment Command, 7th Transportation Brigade Expeditionary, US Central Command, Brooke Army Medical Center, Hamas, Office Locations: Gaza, Eustis , Virginia, Shkeila, Glover, ”, San Antonio , Texas

☆ Iran is now dangerously vulnerable to the consequences of another attack on Israel
▼ + stars: | 2024-11-04 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Israel carried out a series of precision strikes on military targets in Iran late last month. AdvertisementIran is signaling that it will deliver a harsh response to Israel's late-October strikes, which were revenge for Tehran's retaliatory ballistic missile attack at the start of the month. However, another direct Iranian attack on Israel — which would be its third ever — invites additional Israeli strikes at a time when Tehran is dangerously unprepared. Israel struck several S-300s, a Russian-made surface-to-air missile system considered to be the most advanced air-defense battery that Iran operates. He said last week that the strikes on Iran's air-defense network create "a huge disadvantage for the enemy when we will want to strike later."

Persons: Israel, —, Ayatollah Ali Khamenei, Israel —, Salemi, Vahid, Yoav Gallant Organizations: Service, AP, Institute for, Embassy, Israeli, Planet Labs PBC, Israel, US, Pentagon Locations: Iran, Israel, Tehran, Russian, Washington, Iran's

CNN —Israeli police have arrested a top aide to Prime Minister Benjamin Netanyahu over allegedly leaking classified information to foreign media. Opposition leaders say the intelligence was “faked,” and part of a ruse to thwart a ceasefire and hostage deal in Gaza. Protesters in Tel Aviv call on Netanyahu to strike a deal to release hostages held in Gaza, in late October. The next day, Netanyahu held a news conference and presented an alleged Hamas document he said was found in a tunnel in Gaza. “This affair came out of the Prime Minister’s own office, and the investigation must examine if it wasn’t at the Prime Minister’s orders.”Dana Karni and Mike Schwartz contributed to this report.

Persons: Benjamin Netanyahu, “, Netanyahu, Eliezer Feldstein, Feldstein, Yair Lapid, Jack Gue3z, ” Netanyahu, ”, Zwigenberg, Yair Netanyahu, Daniel Hagari, Sinwar, Bild, Yahya Sinwar, Gil Cohen, Benny Gantz –, Gantz, Lapid, ” Lapid, ” Dana Karni, Mike Schwartz Organizations: CNN, Minister’s, Protesters, Getty, Jewish Chronicle, Hamas, Magen, Israel Defense Forces Locations: Gaza, Tel Aviv, AFP, United Kingdom, Germany’s, Israel, Egypt, Sinai, Iran, Yemen, Philadelphi

☆ Putin said Russia wouldn't have to choose between guns or butter. The price of butter is soaring.
▼ + stars: | 2024-11-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Yet it's precisely butter that's been a headache for Russia, with a 25.7% price increase this year. "There is a well-known phrase: guns instead of butter," Putin said last February. By the end of October, the price of butter in Russia was up 25.7% compared to December 2023, per government statistics. Why butter prices are on the riseA week before that meeting, the same union said the country wasn't experiencing a butter shortage, but added that about 25% of local butter consumption comes from foreign suppliers. AdvertisementAnother major dairy supplier complying with wartime sanctions, New Zealand, sold $88.8 million worth of butter to Russia yearly before the invasion began.

Persons: Putin, —, Vladimir Putin Organizations: Service, MMI, Gazeta, United Arab Emirates Locations: Ukraine, Russia, Russian, Moscow, Latin America, New Zealand, Turkey

☆ Presidential election offers opportunities — and risks — for ETF investors, experts say
▼ + stars: | 2024-11-04 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Bloomberg | Bloomberg | Getty ImagesRegardless of the outcome of the U.S. presidential election, there could be some clear winners for exchange-traded funds, or ETFs, experts say. Potential winners and losersIn the months ahead, some ETFs or funds could outperform depending on the election outlook. Exchange-traded funds have steadily gained popularity among investors, with ETF assets crossing the $10 trillion mark in September — a trend experts say is largely due to advantages like lower tax bills and fees relative to mutual funds. Exchange-traded funds are generally known for passive strategies, but there has also been a surge in actively managed ETFs, with the goal of beating the performance of broader markets. watch nowHowever, most financial advisors caution against making hasty changes to your investment portfolio based on the outcome of this election.

Persons: Donald Trump, Kamala Harris —, Kim Wallace, Anu Ganti, Dow, Kristina Hooper, Harris, Invesco's Hooper, Hooper, Trump, Biden, 22V's Wallace, Wallace Organizations: Bloomberg, Getty, U.S, Democratic, ETF.com, Dow Jones Indices, Big Tech, Trump, Congress, Exchange, Federal Locations: Washington, U.S, —

☆ Each month of Boeing's strike pushes out 737 production peak by 9-12 months: BofA's Ron Epstein
▼ + stars: | 2024-11-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEach month of Boeing's strike pushes out 737 production peak by 9-12 months: BofA's Ron EpsteinRon Epstein, Bank of America Global Research aerospace and defense analyst, joins 'Squawk Box' to discuss the state of Boeing's union contract vote, economic impact of the machinist strike, and more.

Persons: BofA's Ron Epstein Ron Epstein Organizations: Bank of America Global Research

☆ Elon Musk has a lot to gain if Trump wins. A Harris presidency is more uncertain.
▼ + stars: | 2024-11-04 | by ( Ana Altchek | ) www.businessinsider.com time to read: +8 min

Musk could gain influence at the federal level if Trump is elected president. It's unclear what a Harris administration would mean for Musk and his business empire. Musk under HarrisWhile Musk could gain power, government contracts, and looser regulations under Trump, it's unclear how he might be impacted under a Harris administration. For X, which Musk has branded as the platform for freedom of speech, Gordon said a Harris administration could pressure it to ban material labeled as "misinformation." AdvertisementIt's also possible nothing would meaningfully change for Musk under a Harris administration.

Persons: Elon Musk, Donald Trump, Musk, Trump, Harris, —, He's, Francesco Trebbi, Erik Gordon, Gordon, Tesla, eyeing Musk's, Trebbi, X, Tevi Troy, Troy, Joan MacLeod Heminway, Cary Coglianese, Tom Narayan, Karoline Leavitt, Leavitt, he's, Coglianese, it's, Carl Icahn, Tim Cook, Heminway, Elon Organizations: Service, Elon, Republican Party, Trump, Trump Many, University of California Berkeley, Musk, University of Michigan's Ross School of Business, Traffic Safety Administration, SpaceX, Department of Defense, Bank of America, Center, White House, University of Tennessee, University of Pennsylvania, Penn, RBC Capital Markets, Democratic, Green New Deal, Twitter, Apple Locations: Pennsylvania, Pittsburgh, Texas, California, Mexico

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