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☆ The potential fallout from Trump's proposed tariffs
▼ + stars: | 2024-11-11 | 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 EmailThe potential fallout from Trump's proposed tariffsWendy Cutler, vice president at the Asia Society Policy Institute, joins CNBC's 'The Exchange' to discuss how president-elect Trump's proposed tariffs could impact trade, potentially hurt consumers, and more.

Persons: Wendy Cutler, Trump's Organizations: Asia Society Policy Institute

☆ Countries and companies are repositioning themselves for a new Washington order: Sarah Bianchi
▼ + stars: | 2024-11-11 | 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 EmailCountries and companies are repositioning themselves for a new Washington order: Sarah BianchiSarah Bianchi, Evercore ISI chief strategist of international political affairs and public policy, joins 'Squawk Box' to discuss President-elect Trump's election victory, the realignment within the Republican party, impact trade and foreign policy, and more.

Persons: Sarah Bianchi Sarah Bianchi, Evercore, Trump's Organizations: Republican Locations: Washington

☆ As Australia puts more focus on climate change, New Zealand is accused of pulling back
▼ + stars: | 2024-11-10 | by ( Mahalia Dobson | ) www.nbcnews.com time to read: +4 min

Two major countries’ approach to climate change has turned upside down Down Under. Critics argue that both countries are falling short as they head to this year’s United Nations Climate Change Conference, or COP29, which starts Monday in Azerbaijan. “Standing shoulder to shoulder with Pacific Island nations seems not to mean doing anything Pacific Island leaders have asked,” Hemming said. Albanese’s office and the office of his minister for climate change and energy, Chris Bowen, did not respond to requests for comment. Australia came in for special criticism last month at the Commonwealth Heads of Government Meeting in the Pacific Island nation of Samoa.

Persons: ”, Anthony Albanese, Christopher Luxon, Jacinda Ardern, Luxon, “, Antonio Guterres, Manaui Faulalo, “ We’re, Ralph Sims, ” Sarah Clement, Albanese, Penny Wong, Polly Hemming, ” Hemming, Chris Bowen, Wong Organizations: United Nations, Labor, Conservative, Radio, Getty, Organization for Economic Cooperation, Development, Massey University, Change, Australian National University, Australia Institute, Commonwealth Locations: Australia, New Zealand, South Pacific, Asia, Pacific, Palau, Tuvalu, Kiribati, Anthony Albanese . New Zealand, Samoa’s, AFP, Azerbaijan, Samoa, Vanuatu, Fiji, Canada, Britain

☆ Scarborough Shoal: China maps out baseline claims over a contested South China Sea shoal with the Philippines
▼ + stars: | 2024-11-10 | by ( Story Ap | ) edition.cnn.com time to read: +2 min

China has published baselines for a contested shoal in the South China Sea it had seized from the Philippines, a move that’s likely to increase tensions over overlapping territorial claims. Both China and the Philippines claim Scarborough Shoal and other outcroppings in the South China Sea. The statement added that one of the laws signed by Marcos, the Philippine Maritime Zones Act, violates China’s sovereignty in the South China Sea. This photo taken on February 15, 2024, shows an aerial view of over Scarborough Shoal in the disputed South China Sea. China stakes claim to almost the entirety of the South China Sea.

Persons: Ferdinand Marcos Jr, Marcos, Sta Rosa Organizations: Foreign Ministry, Scarborough, Philippine, Ministry, United, Philippine Maritime, Getty Locations: China, South China, Philippines, Scarborough Shoal, Philippine, Luzon, Beijing, United Nations, AFP, Vietnam, Asia

☆ US vs. Chinese replenishment ships: The workhorses that keep aircraft carriers operating
▼ + stars: | 2024-11-10 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +12 min

Yet for all their importance, their missions would be impossible if not for the US Navy's unsung workhorses: replenishment ships. But replenishment ships also form the weakest link in the chain of American and Chinese carrier groups. Chow Chung-yan/South China Morning Post via Getty ImageChina's replenishment shipsThe US Navy has over 100 years of experience building and operating replenishment ships. Ultimately, the Chinese opted to pursue a new design for its next replenishment ships: the Type 903-class oiler. China has the largest shipbuilding industry in the world, however, enabling it to quickly build more oilers and convert some of its merchant ships into replenishment ships.

Persons: —, Jason R, Henry J, Kaiser refuels, Kenan O'Connor, Kaiser, Lewis, Clark, Dwight D, Eisenhower, Cole Keller, John Lewis, Harvey Milk, Earl Warren —, USNS Robert F, Kennedy, Chow Chung, Michael Singley, Chaganhu, Benjamin Brimelow Organizations: Service, US, Supply, Military Sealift Command, US Navy, Military Sealift Command's Combat Logistics Force, MSC, FAS, USNS Supply, Navy, General Dynamics, USNS, General Dynamics's National Steel and Shipbuilding Company, China Morning, Soviet Navy, NATO, USS Supply, Japanese Ministry of Defense, Sealift Command, Big, Global Affairs, Fletcher School of Law, Diplomacy, Business, Modern, Institute Locations: China, Red, Getty, Ukraine, Gulf, Aden, Shandong, Taiwan, Guam, South China, Pacific, USNS Pecos, Israel, Iran, West

☆ Fed's Kashkari says Trump tariffs could reheat inflation if they provoke global trade 'tit for tat'
▼ + stars: | 2024-11-10 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 7, 2024. Minneapolis Federal Reserve President Neel Kashkari said Sunday that President-elect Donald Trump's tariff proposals could worsen long-term inflation if global trade partners were to strike back. One-time tariffs, Kashkari said on CBS' "Face the Nation," "shouldn't have an effect long run on inflation." "The challenge becomes, if there's a tit for tat and it's one country imposing tariffs and then responses and it's escalating. Trump and his backers like billionaire Tesla CEO Elon Musk have also been outspoken about their desire to give the president input on Fed policy decisions.

Persons: Neel Kashkari, The Beverly Hilton, Donald Trump's, Kashkari, Trump, We've, Tesla, Elon Musk Organizations: Federal Reserve Bank of Minneapolis, The Beverly, Minneapolis Federal, Sunday, CBS, U.S, Wall Street Locations: Beverly Hills , California, U.S, Minneapolis, China

☆ Trump ‘most likely’ needs 60 votes in Senate to enact tariff plan, Sen. Rick Scott suggests
▼ + stars: | 2024-11-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Sen. Rick Scott, R-Fla. — one of three lawmakers vying to succeed Sen. Mitch McConnell, R-KY, as Senate majority leader — suggested Sunday that Trump would probably need Congress' help. "The tariffs, that most likely is going to require 60 [votes in the Senate] unless there's some way we can get that done through reciliation with 51 [votes]," Scott said on Fox News "Sunday Morning Futures." It avoids a filibuster, which requires 60 votes to overcome. Trump has vowed across-the-board tariffs of 10% to 20% on all imports arriving into the United States and at least a 60% tariff on Chinese imports. Economic experts dispute whether Trump's tariff plan, especially the tax on global imports, can be done via executive action.

Persons: Donald Trump, Sen, Rick Scott, Mitch McConnell, —, Trump, Scott, He's, Alan Wolff, Jason Furman, Obama Organizations: Fox News, Representatives, Deere & Co, World Trade Organization, Trump, Harvard University, of Economic Advisers, CNBC Locations: United States, Mexico, U.S

☆ 'Animal spirits': 7 market strategists share how to ride the red wave as US stocks surge to new records
▼ + stars: | 2024-11-10 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Here are eight top places to invest, based on insights from seven market strategists. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . A robust, multi-year bull market rally for US stocks reached another gear after the businessman-turned-politician won the presidential election. Traders are convinced that the bulk of Trump's economic policies, which include tax cuts and fewer government regulations, will create a business-friendly backdrop that drives stocks higher. AdvertisementThe world is awash with cash, making scarce assets like gold and bitcoin more valuable, and Thorne also noted that global economic growth is slowing.

Persons: Donald Trump's, —, Donald Trump, David Bahnsen, Kamala Harris, Jeff Schulze, John Maynard Keynes, Anthony Saglimbene, Keynes, Schulze, Saglimbene, Jim Baird, Plante, Sébastien, Rowe Price, Page, Sean Gallagher, Gallagher, Ameriprise, Bahnsen, Jim Thorne, who's, Thorne, Trump Organizations: Investors, Service, Business, Street Global Advisors, ClearBridge Investments, Trump, Financial, Tech, Federal Trade Commission Locations: Trump's, ClearBridge, Canada, Wellington, Altus

☆ Earnings playbook: Disney and this home improvement giant are slated to report as the season winds down
▼ + stars: | 2024-11-10 | by ( Fred Imbert | ) www.cnbc.com time to read: +4 min

Tuesday Home Depot is set to report earnings in the premarket. What history shows: Data from Bespoke Investment Group shows Home Depot has beaten earnings expectations for 17 straight quarters. What history shows: Live Nation shares have risen after the last four earnings releases, per Bespoke. What history shows: Disney has not done well following the last two releases, losing 4.5% and 9.5%, respectively. Applied Materials is set to report earnings after the open.

Persons: LSEG, Michael Lasser, Morgan Stanley, Walt Disney, Michael Morris Organizations: Depot, Disney, CNBC, UBS, Home, Investment Group, Consumer, VanEck Semiconductor

☆ Over $2.8 billion bet on bitcoin topping $90,000 as it hits all-time high
▼ + stars: | 2024-11-10 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Open interest in bitcoin's price surpassing $90,000 rose to more than $2.8 billion on the popular Deribit derivatives exchange, one of a few crypto native platforms that offers futures trading. "The options market's bias is heavily toward continued momentum. Call options trade at a premium to puts, and open interest in out-of-the-money calls has grown," Vetle Lunde, head of research at K33 Research, told CNBC. The CME derivates exchange offers bitcoin futures contracts and is a popular way for institutions in the U.S. to make bets on the future price of bitcoin. Velde told CNBC that on Friday CME premiums for ether and bitcoin averaged 14.5% and 14%, respectively.

Persons: Bitcoin, Vetle Lunde, Velde Organizations: K33 Research, CNBC Locations: U.S, Velde

☆ Three China stocks that analysts are watching for longer-term opportunities
▼ + stars: | 2024-11-10 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

For many, the reaction among investors only reinforced the need to look at longer-term opportunities in individual stocks that haven't changed. About half of Xpeng's 20,000-plus deliveries in each of the past two months have come from its lower-priced Mona M03 car. In the consumer sector, Macquarie's top pick is Yum China , which operates Pizza Hut and KFC in China. Yum China on Nov. 4 reported third-quarter earnings, showing operating profit grew by 15% year-on-year to $371 million. "You have to be very willing to suffer the negative sentiment to invest in China," Ren said.

Persons: Donald Trump, Shanghair, Liqian Ren, Ren doesn't, Ren, Anta, Fila, CNBC's Michael Bloom Organizations: Finance, U.S, CSI, Adidas, Fila, Baidu, Macquarie, KFC Locations: China, Hong Kong, WisdomTree, U.S

☆ U.S. ordered TSMC to halt shipments to China of chips used in AI applications, source says
▼ + stars: | 2024-11-10 | by ( ) www.cnbc.com time to read: +1 min

The Department of Commerce sent a letter to TSMC imposing export restrictions on certain sophisticated chips, of 7 nanometer or more advanced designs, destined for China that power AI accelerator and graphics processing units (GPU), the person said. The U.S. order, which is being reported for the first time, comes just weeks after TSMC notified the Commerce Department that one of its chips had been found in a Huawei AI processor, as Reuters reported last month. Tech research firm Tech Insights had taken apart the product, revealing the TSMC chip and apparent violation of export controls. TSMC suspended shipments to China-based chip designer Sophgo after its chip matched the one found on the Huawei AI processor, sources told Reuters last month. Reuters could not determine how the chip ended up on Huawei's Ascend 910B, released in 2022, viewed as the most advanced AI chip available from a Chinese company.

Persons: TSMC, Sophgo Organizations: Taiwan Semiconductor Manufacturing Co, of Commerce, Commerce Department, Huawei, Reuters, Tech Locations: Krakow, Poland, China, U.S

☆ A shadow ‘financial crisis’ has cost the world $2 trillion
▼ + stars: | 2024-11-10 | by ( Samantha Delouya | ) edition.cnn.com time to read: +3 min

That’s a lot of damage – but it’s only a small fraction of what climate change has cost people around the world. A new report is flashing a warning signal about climate change and natural disasters, finding that their total economic damage has skyrocketed into the trillions. “Just as the global financial crisis was met with a swift and concerted response from world leaders, we need governments to understand that the economic impact of climate change necessitates a response of similar speed and decisiveness,” said John W.H. Trump has promised to undo climate regulations in the country, including rolling back pollution limits on tailpipes and power plants. Separate data released last week by Europe’s Copernicus Climate Change Service confirms that the world will likely surpass a grim milestone this year: 2024 is likely to be the hottest year on record.

Persons: Hurricane Helene, Hurricane, ”, John W.H, Denton AO, Donald Trump, Trump, ” Denton, Europe’s Copernicus Organizations: CNN, International Chamber of Commerce, United Nations, ICC Locations: Hurricane, Hurricane Milton, CoreLogic, Azerbaijan, Paris

☆ Why Ralph Lauren, the all-American luxury brand, is a hit in China
▼ + stars: | 2024-11-10 | by ( Maria Noyen | ) www.businessinsider.com time to read: +7 min

Classic luxury, which Ralph Lauren encapsulates, is resonating with Chinese consumers. "I've said it before but it bears repeating in a volatile environment, Ralph Lauren is firmly on offense," Patrice Louvet, the CEO of Ralph Lauren, said on a conference call with analysts on Thursday. Ralph Lauren classics like Polo shirts and cable-knit sweaters are a hit with Chinese consumers. Ralph Lauren targets Chinese consumers in six key cities and on local Chinese social media platforms. Sebastian Ng/SOPA Images/LightRocket via Getty ImagesWith its brick-and-mortar stores, Ralph Lauren has prospered by doing more with less.

Persons: Ralph Lauren, —, Ralph Lauren's, I've, Patrice Louvet, Xi Jinping's, Neil Saunders, Edward Berthelot, Martin, Louvet, Ralph Lauren doesn't, Zers, Sebastian Ng, Olivia Plotnick, Roll, Donald Trump's, It's Organizations: Service, New, GlobalData, McKinsey, Getty, Wai, China Locations: Asia, China, New York City, China China, Tokyo, Seoul, Shanghai, Milan, China —, Beijing, Chengdu

WASHINGTON — President-elect Donald Trump’s ambitious agenda could face pushback from an institution he has done much to shape: the Supreme Court. With a 6-3 conservative majority including three Trump appointees, the court has spent the last few years buffeted by criticism from the left. The Trump administration also suffered a big loss when in 2020 the court ruled 6-3 to extend workplace discrimination protections to LGBTQ employees, a decision that angered conservatives. During the Biden years, the court has set new precedents while ruling against the administration that in theory apply to Trump too. “The Supreme Court supermajority has given us no reason to expect that it will be anything other than be a rubber stamp for his worse impulses,” said Alex Aronson, who runs Court Accountability, a left-leaning legal group.

Persons: Donald Trump’s, Biden, ”, John Malcolm, Brianne, “ Trump, Trump, Jonathan Adler, Amy Coney Barrett, Joe Biden, Ketanji Brown Jackson, Stephen Breyer, wasn’t, Adler, “, Alex Aronson, “ They’ve Organizations: WASHINGTON, Trump, Heritage Foundation, Case Western Reserve University School of Law, Congress

President-elect Donald Trump raised eyebrows when he decided to hold a campaign rally in the Bronx in late May. Results so far show Trump winning more than 27% of the vote in the Bronx, shrinking his margin of defeat there significantly. Not only did the Teamsters decline to endorse, Murtaugh noted, but they also released polling in swing states, including Pennsylvania, that showed Trump winning over large numbers of their members. ‘We have no easy path here’For one Democratic policy aide, the biggest concern was movement among younger voters. And what happened [Tuesday] was a Louisville Slugger baseball bat going upside the head of the Democratic Party for not telling people the truth.

Persons: Donald Trump, Trump, Ritchie Torres, “, ” Torres, “ Donald Trump’s, Joe Biden, Kamala Harris, It’s, Torres, ”, Harris, Nancy Mace, Trump’s, —, Court’s Dobbs, ” Mace, Robert F, Kennedy Jr, Tulsi Gabbard, Elon Musk, ” Trump, ” There’s, Biden, Mike Berg, ” Tim Murtaugh, Murtaugh, MAGA, ‘, you’re, ” —, we’re Organizations: The New, Democratic, Trump, Republican, Democrat, Democratic Party, NBC, GOP, “, National Republican Senatorial, NBC News, Teamsters, Voters, Republicans, Pennsylvania Democrat, Louisville Slugger, Party, county, Democrats Locations: Bronx, The New York City, Manhattan, America, Pennsylvania , Michigan, Wisconsin, Hawaii, Pennsylvania, New York , New Jersey, Illinois, ”, New York

☆ Ancient DNA reveals surprises about bodies found together in Pompeii
▼ + stars: | 2024-11-09 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Over time, Pompeii was forgotten, and it wasn’t until centuries later that excavations unearthed evidence of the tragic event. Archaeological Park of PompeiiAncient DNA sequenced from bone fragments preserved within the plaster casts at the Pompeii site has upended some long-held assumptions about bodies found together. Other worldsAstronomers have been searching the Kuiper Belt on the edge of our solar system for a hidden ninth planet for more than a decade. CNN/Adobe StockFor years, astronomers have searched the edge of our solar system for evidence of an unseen world called Planet Nine. They find wonder in planets beyond our solar system and discoveries from the ancient world.

Persons: Giuseppe Fiorelli, “, ” Aaron Fowler, Lady Chenet, embalmers, Ashley Strickland, Katie Hunt, Jackie Wattles Organizations: CNN, Australian Broadcasting Corp . Local, Chicago’s Field, Adobe, NASA, CNN Space, Science Locations: Beach, Denmark, Western Australia, Antarctica, Colombia, Poland

☆ The US needs ammunition for its next big war — a lot of it
▼ + stars: | 2024-11-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

The US has sent Ukraine and Israel billions of dollars worth of ammunition in recent years. The wars in Ukraine and the Middle East show the US how much ammo it will need for its next big war. Beyond the ammunition, the US has also sent Ukraine a significant amount of armored vehicles, air-defense systems, drones, anti-tank weapons, small arms, and more. Given Beijing's formidable arsenal of anti-ship missiles, Navy vessels would need to be well-armed with interceptors to take down these threats and defend American assets in the Pacific. The US has transferred Patriot batteries and their associated interceptor missiles to Ukraine, where they have gotten a workout against Russian missiles.

Persons: —, Bradley Martin, Biden, Dwight D, Eisenhower, Mark Cancian, Martin, Alexandra Shea, Lockheed Martin Organizations: US, Service, Factory, AP, Pentagon, Brown University, US Navy, Navy, US Marine Corps, Center for Strategic, International, RAND, US Army, Pacific . Officials, Russian, Ship Locations: Ukraine, Israel, Red, Navy, Russia, Ukrainian, Iran, Yemen, Gulf of Aden, Iranian, China

☆ ‘Two-stocks’ are better than one? Repacking ‘pair trades'
▼ + stars: | 2024-11-09 | by ( Krysta Escobar | ) www.cnbc.com time to read: 1 min

In this article LLYWFCNFLXFMSTRYUMCOINGOOGLCMCSANYTJPMTSLAINTCNVDAMAMZN Follow your favorite stocks CREATE FREE ACCOUNTwatch nowThe exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group's Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other. "They should come out probably in about two or three months," Venuto, the firm's chief investment officer and co-founder, said on CNBC's "Halftime Report" this week. Zoom In Icon Arrows pointing outwardsThese new ETFs aim to simplify long-short trades by bundling both positions into one product and eliminating the need for separate trades, according to the Tidal Financial website. Zoom In Icon Arrows pointing outwards

Persons: Michael Venuto Organizations: Tidal

☆ Healthcare investors are torn on Trump's second term
▼ + stars: | 2024-11-09 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +11 min

While many tech VCs are optimistic about Trump's second term, some healthcare investors feel stuck. AdvertisementThe lower corporate taxes and deregulation a second Trump term could promise are already amplifying public market optimism. She could be removed as the FTC's head early in Trump's second term — and with relaxed M&A regulations, "anything is possible," said What If Ventures founder Stephen Hays. SOPA Images/Contributor/Getty ImagesMedicaid could also be targeted in Trump's second term. A boon for healthcare AI and Medicare AdvantageTrump's victory could have a positive impact on several big areas of healthcare investment.

Persons: —, Donald Trump's, Trump, He's, he'll, Robert F, Kennedy Jr, Trump's, Michael Greeley, Rebecca Noble, Tesla, JP Morgan Chase, Maven, Omada, Sean Duffy, Lina Khan, Stephen Hays, James Leynse, VCs, Carli Sapir, Jordan Nof, Greeley, Shiv Rao, Kennedy Jr's, Chrissy Farr, Phelps, Phillips, Farr Organizations: Trump, Service, Food and Drug Administration, Centers for Disease Control, Biden, Flare Capital Partners, Getty, Healthcare, Health, Cigna, Humana . Bloomberg, Federal Trade Commission, Investors, Business, Amboy Street Ventures, Tusk Venture, Senate, Affordable, Coalition for Health, Mayo Clinic, Johns Hopkins, Microsoft, Alignment Healthcare, Scrub Locations: Trump's Florida, Tuesday's, Trump's, Boston, America

☆ You can work at McDonald's and still become a millionaire, a financial psychologist says
▼ + stars: | 2024-11-09 | by ( Greg Iacurci | ) www.cnbc.com time to read: +8 min

Bernd Vogel | Stone | Getty ImagesBrad Klontz was drawn to financial psychology after the tech bubble burst in the early 2000s. GI: Does this suggest that people, no matter their socioeconomic circumstances, can lift themselves out of poverty if they adopt a rich mindset? A rich mindset puts an emphasis on owning their time versus owning a bunch of stuff. Bradley T. Klontz, Psy.D., CFP, is an expert in financial psychology, behavioral finance and financial planning. You can work at McDonald's your entire life and be a millionaire if you have that mindset.

Persons: Bernd Vogel, Stone, Brad Klontz, Klontz, Adrian Brambila —, Greg Iacurci, That's, I've, It's, I'm, They're, they're, Bradley T, Bradley Organizations: CNBC, Financial Wellness, IRA, BK Locations: McDonald's

☆ US carries out strikes against Houthis in Yemen, defense official says
▼ + stars: | 2024-11-09 | by ( Oren Liebermann | ) edition.cnn.com time to read: +2 min

CNN —The US carried out a series of strikes against Houthi targets in Yemen late Saturday evening, according to a US defense official, targeting numerous weapons storage facilities across at least three locations. The facilities housed advanced conventional weapons used to target ships in the Red Sea and the Gulf of Aden, said the official, who added that the US used fighter jets to carry out the attack. The Iran-backed Houthis have for months targeted ships in the Red Sea, one of the world’s busiest waterways, calling the attacks a response to Israel’s war in Gaza against Hamas. The Houthis, Hamas and Hezbollah are all part of an Iran-led alliance spanning Yemen, Syria, Gaza and Iraq that has attacked Israel and its allies since the war began last year. Austin said he authorized the strikes at the direction of President Joe Biden to “further degrade” the Houthis’ capabilities.

Persons: Lloyd Austin, Austin, Joe Biden, “, ”, CNN’s Haley Britzky Organizations: CNN Locations: Yemen, Aden, Iran, Red, Gaza, Syria, Iraq, Israel, Lebanon

☆ Diver finds graduation ring lost in the ocean almost 5 decades ago and surprises its owner
▼ + stars: | 2024-11-09 | by ( Graham Hurley | ) edition.cnn.com time to read: +4 min

CNN —A day before Morgan Perigo’s 83rd birthday last month, an unexpected package showed up on his doorstep. In it was the 1965 McMaster University graduation ring he lost in 1977. Diver Alex Davis shows Morgan Perigo's long-missing graduation ring. The search narrowed down the initials to a Frederick Morgan Perigo, who goes by Morgan, and the school immediately notified him. Perigo explained to McQuigge how he originally lost the ring in 1977 on a trip with his family to Barbados.

Persons: Morgan Perigo’s, Alex Davis, Davis, Hurricane Beryl, ”, We’ve, we’ve, Karen McQuigge, Diver Alex Davis, Morgan Perigo's, McQuigge, Frederick Morgan Perigo, Morgan, Perigo, Perigo –, ” Davis, “, ” McQuigge Organizations: CNN, McMaster University, “ McMaster University, FedEx Locations: Barbados

☆ Young people love Carnival's cruises — I sailed on its newest ship and saw why
▼ + stars: | 2024-11-09 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

Most of Carnival Cruise Line's guests are millennials amid a push for new and younger customers. AdvertisementWhen you go on a Carnival cruise, you're more likely to see your millennial coworker than your older next-door neighbor. Forget all preconceived notions you might have about the age of cruise fans (no, they're not all retirees). That's five years younger than the average age of cruisers across the industry, according to trade group Cruise Lines International Association. One look at its newest ship, the six-month-old Carnival Firenze, might explain why the cruise line is excelling with millennials.

Persons: Cruise, —, Josh Weinstein, David Bernstein Organizations: Service, Carnival Corp, Cruise Lines International Association

☆ FEMA fires employee who told Florida relief workers to skip Trump supporters
▼ + stars: | 2024-11-09 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Federal Emergency Management Agency (FEMA) Administrator Deanne Criswell stands next to a track map of Hurricane Ian, during a press conference at FEMA Headquarters on September 28, 2022 in Washington, DC. The Federal Emergency Management Agency on Saturday confirmed that it fired an employee who had instructed relief workers in Florida to not go to homes with yard signs in support of then presidential candidate Donald Trump. "This is a clear violation of FEMA's core values and principles to help people regardless of their political affiliation," FEMA Administrator Deanne Criswell wrote in a statement. Ron DeSantis on Friday blasted the Biden administration for the incident and said he had ordered the Division of Emergency Management to investigate the "targeted discrimination of Floridians who support Donald Trump." At the time of the hurricane damage, Criswell slammed Trump for spreading misinformation about the status of FEMA's disaster relief funding

Persons: Deanne Criswell, Hurricane Ian, Donald Trump, Criswell, Ron DeSantis, Biden, Harris, DeSantis, Kamala Harris, Hurricane Milton Organizations: Emergency Management Agency, FEMA, FEMA Headquarters, Federal Emergency Management Agency, Trump, Florida's Republican Gov, Division, Emergency Management, Biden Locations: Hurricane, Washington ,, Florida, Coast

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