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☆ Investors like the high dividends and buybacks energy companies offer, but debt is starting to rise again
▼ + stars: | 2023-10-03 | by ( Brian Evans | ) www.cnbc.com time to read: +10 min

If oil prices stay high — and especially, if they breach $100 a barrel — the companies are well positioned. However, should oil prices fall and debt levels continue to rise, some companies have boxed themselves into a corner with very generous dividends and share repurchase programs. At the same time, operating cash flow has been declining. "What we're looking at is companies trying to bridge a little gap while operating cash flow is going down," said Mark Young, senior analyst at Evaluate Energy. "Since the end of 2020, operating cash flow has been able to cover all capital spending, dividend payments and share buybacks by itself.

Persons: Mark Young, Young, Conoco Phillips, Noah Barrett, Warren, Barrett, We're, Matt Smith, Smith, Jason Mountford, Brent, Goldman Sachs, Mike Wirth, Mountford, unprofitably, there's, that's Organizations: Energy, CNBC, Civitas Resources, Chevron, Exxon Mobil, Janus, Federal, Warren Pies, 3Fourteen Research, Investors, Conocophillips, Devon Energy, Exxon, Organization of Petroleum, Kplgr, Bank of America, Citigroup Locations: U.S, Wall, Saudi Arabia, Russia, Chevron

Our experts answer readers' student loan questions and write unbiased product reviews (here's how we assess student loans). Customer service is also available 24/7 for Navy Federal student loans, a perk unmatched by many similar companies in the industry. How Navy Federal student loans workNavy Federal offers both fixed-rate and variable-rate undergraduate and graduate loans. Warning: Go after federal student loan options before looking at private student loans, including a Navy Federal loan, as you'll get better terms and protections through the government. What options do I have to repay my Navy Federal student loans?

Persons: Mae, Sallie Mae, Q, You'll, you'll Organizations: Federal, Navy Federal Credit Union, Navy Federal, Federal Credit Union Discover Bank, FDIC, Discover, cosigners, Better, Bureau, BBB

By doing so, if they get capital relief, they would reduce the capital they need to keep against them for regulatory capital purposes, according to banking industry sources. “There has certainly been growing interest in these transactions as banks seek regulatory capital relief," said Missy Dolski, global head of capital markets at alternative investment firm Varde Partners, an active investor in such products. "This guidance makes it more clear what structures would need affirmative approval for capital relief and what is required to comply," she added. Directly issued credit-linked notes could also qualify but would need to be approved by the Fed, said the Q&A. These clarifications come after growing calls for clarity on which of these bespoke trades issued by U.S. banks would qualify for capital relief, the banking industry sources said.

Persons: Missy Dolski, Michael Bright, ”, Shankar Ramakrishnan, Megan Davies, Daniel Wallis Organizations: Federal Reserve, Varde Partners, Fed, SPV, Structured Finance Association, European Central Bank, Reuters, Thomson Locations: U.S, Major U.S

☆ Miss USA 2023: Noelia Voigt of USA wins pageant
▼ + stars: | 2023-09-30 | by ( Alex Rees | ) edition.cnn.com time to read: +3 min

Following a recent rule change implemented by the Miss Universe Organization, this year’s Miss USA featured the first married state titleholder — Juliana Morehouse-Locklear of Maine. (Morehouse-Locklear, the daughter of a contestant in the 1994 Miss USA pageant, did not advance to the top 20.) Miss USA R'Bonney Gabriel is crowned the 2022 Miss Universe on January 14 in New Orleans. Gabriel’s win at the 2022 Miss USA pageant was marred by claims made by some of her fellow contestants that the pageant had been “rigged” in her favor. In the weeks after her crowning in October 2022, Miss USA’s parent company, the Miss Universe Organization, opened an investigation and suspended then-Miss USA national director Crystle Stewart — winner of the 2008 Miss USA pageant — and her company, Miss Brands.

Persons: CNN — Noelia Voigt, Voigt, — Voigt, Gankiewicz, Jasmine Daniels of, Lluvia, Alexis Loomans, ”, Vivica, ” Luann, Patrick Starrr, Laylah Rose, — Juliana Morehouse, R'Bonney Gabriel, Jason Kempin, Morgan Romano, Romano, R’Bonney Gabriel, Gabriel’s, Crystle Stewart —, —, Gabriel, Stewart, ” Gabriel, “, Crystle, Miss Brand’s, … Crystle, UmaSofia Srivastava, Stephanie Skinner Organizations: CNN, Miss, Sierra, CW Network, Savannah, Wisconsin —, Miss Universe Organization, Miss USA, Fox, Morehouse, Locklear, USA, Miss Brands, Miss USA Organization, Sierra Resort, Miss Teen USA Locations: Utah, Reno , Nevada, Savannah Gankiewicz, Hawaii, Jasmine Daniels of Pennsylvania, Texas, Wisconsin, United States, USA, Locklear, Maine, New Orleans, North Carolina, Miss USA, New Jersey, New York

☆ Biden to remain in Washington this weekend as shutdown looms
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: 1 min

U.S. President Joe Biden speaks on the day of the Armed Forces Farewell Tribute in honor of General Mark A. Milley, 20th Chairman of the Joint Chiefs of Staff and an Armed Forces Hail in honor of General Charles Q. Brown, Jr., the 21st Chairman of the Joint Chiefs of Staff at Summerall Field at Joint Base Myer-Henderson Hall,... Acquire Licensing Rights Read more

Persons: Joe Biden, Mark A, Charles Q, Brown, Jr Organizations: Armed Forces, Joint Chiefs, Staff, Joint Base Myer, Henderson

☆ Top U.S. general Mark Milley to hand over reins after four years
▼ + stars: | 2023-09-29 | by ( ) www.cnbc.com time to read: +1 min

Retiring Chairman of the Joints Chiefs of Staff, Army General Mark Milley (L), greets incoming Chairman, Air Force General Charles Brown, during the Armed Forces Farewell Tribute in honor of Milley, at Joint Base Myer-Henderson Hall in Arlington, Virginia, on September 29, 2023. Top U.S. general Mark Milley will retire on Friday after a four-year tenure that saw successes like the killing of ISIS head Abu Bakr al Baghdadi and helping Ukraine to defend against Russia's invasion, but also included the chaotic withdrawal from Afghanistan and a rocky relationship with former President Donald Trump. Milley will hand over command to Air Force chief General Charles Q. Brown, who will be only the second Black officer to become chair of the Joint Chiefs of Staff, after Colin Powell two decades ago. Milley took the reins in 2019 after being nominated by Trump, but soon found himself having to balance the need to maintain his relationship with the former president without appearing to be political.

Persons: Mark Milley, Charles Brown, Abu Bakr al Baghdadi, Donald Trump, Milley, Charles Q, Brown, Colin Powell, Trump Organizations: Staff, Air Force, Armed Forces, Joint Base Myer, Henderson, U.S, ISIS, Joint Chiefs of Staff Locations: Arlington , Virginia, Ukraine, Afghanistan

☆ Top US general Mark Milley to hand over reins after four years
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +2 min

Chair of the U.S. Joint Chiefs of Staff Gen. Mark Milley stands by at a ceremony in the East Room of the White House in Washington, U.S., September 5, 2023. Milley will hand over command to Air Force chief General Charles Q. Brown, who will be only the second Black officer to become chair of the Joint Chiefs of Staff, after Colin Powell two decades ago. Milley took the reins in 2019 after being nominated by Trump, but soon found himself having to balance the need to maintain his relationship with the former president without appearing to be political. Brown is a self-described introvert whose public persona contrasts sharply with the outgoing Milley, a loquacious Boston native.

Persons: Mark Milley, Leah Millis, Abu Bakr al Baghdadi, Donald Trump, Milley, Charles Q, Brown, Colin Powell, Trump, Joe Biden's, Lloyd Austin, Phil Stewart, Idrees Ali, Lisa Shumaker Organizations: U.S . Joint Chiefs, Staff, White, REUTERS, Rights, U.S, ISIS, Air Force, Joint Chiefs of Staff, Trump, Pentagon, Black U.S, Thomson Locations: Washington , U.S, Ukraine, Afghanistan, China, Boston

☆ Nvidia CEO's signature leather jackets are so popular that websites are selling lookalikes using his name and photo
▼ + stars: | 2023-09-29 | by ( Haley Tenore | ) www.businessinsider.com time to read: +4 min

Black leather jackets are a well-known staple in Nvidia CEO Jensen Huang's wardrobe. Online sellers are using his name and image in listings for lookalike leather jackets. AdvertisementAdvertisementNvidia CEO Jensen Huang is known for his signature black leather jackets — he's rarely seen in public without one. A Wilson Jackets product page titled "Jensen Huang Nvidia CEO Leather Jacket" offers faux and real leather lookalikes. AdvertisementAdvertisementA screenshot of a black leather jacket from Theory.

Persons: Jensen, Steve Jobs, Mark Zuckerberg, Huang, —, Jensen Huang, hoover, Huang isn't, Issey Miyake, Walter Isaacson's, Jobs, Zuckerberg, isn't, Joseph Rosenfeld, Tom Ford, Rosenfeld Organizations: Nvidia, Service, Google, Bloomberg, Wilson Jackets, Apple, Walmart, Meta's Connect, New York Times, Times Locations: Taiwan

☆ Exclusive: BNP Paribas to track UK staff to enforce office attendance
▼ + stars: | 2023-09-28 | by ( Sinead Cruise | ) www.reuters.com time to read: +3 min

LONDON, Sept 28 (Reuters) - BNP Paribas (BNPP.PA) has told London-based staff it will track their entry-gate swipes against logins to the bank's computer network to ensure employees meet targets for working from the office, a staff memo seen by Reuters shows. BNP employs more 4,500 people in Britain, with London regarded as its "second headquarters" after Paris, according to its website. BNP's memo, presented in the format of a Q&A, said staff would not be able to opt out of the tracking. The bank's USA & Canada divisions have also updated their policy to include "visibility into in-office presence of staff monitoring". While it sympathised with staff whose commutes were impeded by adverse weather or industrial action affecting London's public transport systems, the memo advised staff those days would still count as "in office" working days.

Persons: logins, Sinead Cruise, Barbara Lewis Organizations: BNP, Reuters, London, JPMorgan, Canada, Staff, Thomson Locations: London, Britain, Paris, COVID

☆ Here are Thursday's biggest analyst calls: Meta, Apple, Amazon, GE, Sunrun, Micron, Microsoft & more
▼ + stars: | 2023-09-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Citi reiterates Sunrun as buy Citi said it's bullish heading into Sunrun earnings later this quarter. We believe RUN has higher inventory than its peers and will take longer to utilize the higher priced inventory." Bank of America reiterates Meta as buy Bank of America said it's standing by its buy rating on Meta shares after the company's Meta Connect event on Wednesday. Needham reiterates Amazon as buy Needham said investors should buy any dip in shares of the e-commerce giant. Goldman Sachs reiterates Micron as buy Goldman said it's standing by its buy rating on shares Micron after its earnings report on Wednesday.

Persons: BTIG, Evercore, Teradata, Sunrun, it's, Ray Ban Smart, Needham, Wolfe, Bernstein, TSCO, Davidson's, Apple, Goldman Sachs, Goldman, Wendy's Organizations: Citi, UBS, Bank of America, Meta, Boeing, Davidson, Tractor Supply, JPMorgan, Huntington Ingalls Industries, Defense, Microsoft, Apple, Services, Digital Investment Management, Deutsche Bank, General Electric, Deutsche, GE, Emerson Electric Deutsche, Micron Locations: financials

☆ Opinion | When Trump Says ‘People,’ He Means ‘His People’
▼ + stars: | 2023-09-27 | by ( Charles M. Blow | ) www.nytimes.com time to read: +2 min

When he says “our once great country,” he means the country when it most benefited those most devoted to him, at a time when the racial hierarchy was more fixed, the patriarchy was more entrenched, immigrant communities were often whiter and gender identities were more rigid. There’s a reason Trump never attempted to govern as a unifier and isn’t running for re-election as one. It isn’t as simple as saying that Trump wants to drag the country backward. He wants to do something far more destructive: He wants to marry the country’s more intolerant past to a more autocratic future. They idolize Trump because his craven desire for power, and the protection from prosecution that he believes it will provide, would also offer them a ride on his coattails.

Persons: Trump, craven Organizations: Comcast Locations: America

☆ How Much Coffee Is Too Much Coffee?
▼ + stars: | 2023-09-26 | by ( Alice Callahan | ) www.nytimes.com time to read: 1 min

Q: I routinely drink three or four cups of coffee per day, but often wonder if this is too much. Coffee can be many things: a morning ritual, a cultural tradition, a productivity hack and even a health drink. Studies suggest, for instance, that coffee drinkers live longer and have lower risks of Type 2 diabetes, Parkinson’s disease, cardiovascular conditions and some cancers. “Overall, coffee does more good than bad,” said Rob van Dam, a professor of exercise and nutrition sciences at the Milken Institute School of Public Health at George Washington University. But between your breakfast brew, lunchtime latte and afternoon espresso, is it possible to have too much?

Persons: ”, Rob van Organizations: Milken Institute School of Public Health, George Washington University

☆ Bosses are trying to get their employees engaged by hosting events like 'drag bingo,' but many Gen Z and millennial workers just want to be left alone
▼ + stars: | 2023-09-26 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

Some Gen Z and millennial employees told Insider these efforts were out of touch. While not every office is hosting drag bingo, even simple gestures like a Friday team lunch could rub employees the wrong way. She said bosses have been successful when there are frequent check-ins between bosses and employees to discuss shared goals surrounding team building. AdvertisementAdvertisementBecause Gen Z workers tend to make career moves more frequently than their predecessors, bosses are adjusting their management styles, Maxwell said. "I've noticed that Gen Z wants even a higher level of connection than what I've seen previously as far as personally being able to connect, share their opinions," Maxwell said.

Persons: —, Emma, Emma couldn't, I'm, Mephy, Zer, Tim Cozier, Gen X, Kelly Maxwell, Maxwell, I've, Z, She's, Gen Organizations: Service, Gen

☆ 20-year-old Quddus Pativada built one of the hottest AI study tools while he was still in high school. He's now launching it for schools.
▼ + stars: | 2023-09-26 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +4 min

At 17 years old, Quddus Pativada was determined to do something about inequality in education. Now, three years later, the 20-year-old Pativada has turned his high school vision into a full-fledged startup, with 8 employees globally working on his AI educational assistant ASI, formerly known as Digest.ai. Pativada set out to create a new AI-powered studying assistant nearly a year before ChatGPT debuted on the world stage. After more interactions, the AI tutoring bot can pick up on what a student is good at and where they may need more help, to further personalize the experience for that learner's needs. Pativada's grand vision for ASI is still to offer personalized tutoring for individual students, but to also market the learning tool to governments and businesses for quick, personalized employee upskilling.

Persons: Quddus Pativada, Pativada, Mark Cuban, Deborah Quazzo, ChatGPT, Khan Organizations: TechCrunch, ASI Locations: Dubai, Ghana

☆ Q+A What is known about the Nord Stream gas pipeline explosions
▼ + stars: | 2023-09-26 | by ( Nerijus Adomaitis | ) www.reuters.com time to read: +8 min

This is what we know so far:WHAT ARE NORD STREAM PIPELINES? The multibillion-dollar infrastructure project was built by Russia's Gazprom (GAZP.MM) in two stages - Nord Stream 1 and Nord Stream 2. Gazprom owns 51% of Nord Stream 1, while Germany's E.ON (EONGn.DE) and Wintershall Dea (WINT.UL) have 15.5% each, while French Engie (ENGIE.PA) and Dutch Gasunie (GSUNI.UL) hold 9% each in Nord Stream 1. Nord Stream 2, fully owned by Gazprom and operated by Nord Stream 2 AG, was completed in September 2021 at a cost of $11 billion, but was never put into operation because Germany had cancelled Nord Stream 2's certification days before Russia's invasion of Ukraine on Feb. 24, 2022. The Nord Stream pipelines have been a flashpoint in an energy dispute between Europe and Moscow since Russia's invasion of Ukraine.

Persons: Pipes, Fabian Bimmer, Wintershall, OMV, Peter Frank, Die, Seymour Hersh, Mats Ljungqvist, Der Spiegel, Der Siegel, BfV, Nerijus Adomaitis, Christoph Steitz, Nina Chestney, Ros Russell Organizations: REUTERS, Rights, Gazprom, Nord, E.ON, Shell, . Security, WHO, Washington Post, Die Welt, . Security Council, Reuters, Street, ZDF, Kyiv, CIA, NDR, WDR, German Federal Intelligence Service, Thomson Locations: Baltic, Mukran, Germany, Rights OSLO, Russia, Swedish, Bornholm, Sweden, Denmark, Nord, Ukraine, Uniper, Washington, NATO, Moscow, Kaliningrad, Russian, Britain ., U.S, Norway, China, Brazil, Rostock, Wiek, Rugen, Danish, Christianso, Kolobrzeg, Poland, Europe, United States, Oslo, Frankfurt

☆ Morning Bid: Fed's hawkish pause keeps pressure on markets
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +3 min

Global markets have been feeling the heat as U.S. bond yields surged and a strengthened dollar hit a six-month high following the Federal Reserve's hawkish tone last week. The euro zone central bank also struck a relatively dovish tone. But markets will have plenty of material to pore over this week as they try to glean future Fed moves. In the euro zone, ECB President Christine Lagarde kicks off a string of speeches and remarks this week. Markets are expecting that the euro zone's central bank is done hiking.

Persons: Jonathan Ernst, Brigid Riley, Neel Kashkari, Christine Lagarde, Francois Villeroy de Galhau, Isabel Schnabel, Fed's Neel Kashkari, Edmund Klamann Organizations: . Federal, REUTERS, Brigid, Brigid Riley Investors, Global, Federal Reserve, U.S, Minneapolis, China, HK, ECB policymaker, Bank of France, ECB, Thomson Locations: Washington, U.S, Europe, Britain, Switzerland, Japan, China, Hollywood

☆ Newsom Vetoes Bill on Parental Support of Child’s Gender Identity in Custody Cases
▼ + stars: | 2023-09-24 | by ( Anna Betts | More About Anna Betts | ) www.nytimes.com time to read: +4 min

Gavin Newsom of California vetoed a bill on Friday that would instruct judges presiding over custody battles in the state to take into consideration a parent’s support for a child’s gender identity when making custody and visitation decisions. Why It Matters: The veto signals a break from the governor’s stance in support of transgender rights. The governor added that under existing state law, the court is required to consider a child’s health, safety and welfare in these proceedings, which he said already includes the parent’s affirmation of the child’s gender identity. Background: The child custody bill passed along party lines this month. A two-thirds vote in both chambers, where Democrats hold supermajorities, could override Mr. Newsom’s veto.

Persons: Gavin Newsom, Newsom, ”, Assemblywoman Lori Wilson, Newsom’s, Wilson, Scott Wiener, “, Mr, Wiener, Bill, Bill Essayli Organizations: California, Legislature, Democrat, Associated Press, Republicans Locations: California, L.G.B.T.Q

That’s not an issue for QI.X, which doesn’t aspire to the immaculately styled look of the typical K-pop act (and, in any case, couldn’t afford the ensemble of stylists those groups have). They handle their own bookings and manage their social media presence, recording videos themselves to post on TikTok and Instagram. Many of the videos are shot at LesVos, an L.G.B.T.Q. Myoung-woo YoonKim, 68, who has run LesVos since the late 1990s, grew up at a time when lesbians were practically invisible in South Korea. “I would often think, ‘Am I the only woman who loves women?’” they said.

Persons: That’s, QI.X, YoonKim, “, ‘, ’ ” Organizations: Seoul Disabled People’s, Festival Locations: Seoul, South Korea

☆ Her son was an accused cult leader. She says he was a victim, too.
▼ + stars: | 2023-09-23 | by ( Donie O'Sullivan | ) edition.cnn.com time to read: +16 min

The man talking on the tape was her son, Michael Protzman. Michael Protzman got swept up in this alternate reality. We spoke to dozens of Americans whose lives and families have been affected by conspiracy theories, including Protzman’s own family. After Michael Protzman died this summer, some of his followers refused to believe he had passed. Vigrass never imagined that the conspiracy theories her brother was airing at the kitchen table could lead to him to join what she views as a cult.

Persons: CNN’s, O’Sullivan, Anderson Cooper, CNN —, “ John John, … Trump, Joe Kennedy, George Patton, Mussolini … ” Colleen Protzman, Michael Protzman, ”, “, John F, Kennedy Jr, Donald Trump, Kennedy, Junior —, “ He’ll, Trump, Jesus Christ, reemerge, opportunists, Protzman, Michael Brian Protzman, Michael “, Colleen Protzman, Michael, it’s, Sandy, ” Colleen Protzman, —, QAnon, Barack Obama, Rachel Maddow, Donie O'Sullivan, Michal Protzman, didn’t, JFK, Erica Vigrass, Jason, Erica, ‘ I’m, ’ ” Protzman’s, – Protzman, Erica Vigrass ’, Vigrass, ” Protzman, Jason –, They’re, Jesselyn Cook, It’s, Diane Benscoter, General, ” Benscoter Organizations: JFK, CNN, Dealey, Junior, Junior — JFK, WFAA, JFK Jr, Trump, Kennedys, Democratic Party, Michael Protzman CNN, Dallas CNN, Dealey Plaza, Dallas, Capitol, Facebook, Twitter, Hollywood, Unification Church, US Locations: United States, Dallas, JFK, Minnesota, Seattle, Washington, Dealey, –

☆ Monthly Meeting Q&A with Jim Cramer on 20 stocks in everything from tech to health care to retail
▼ + stars: | 2023-09-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +11 min

Jeff Marks: The upcoming earnings report should be good considering how strong the beer business is doing. Jim Cramer: Estee Lauder CEO Fabrizio Freda was adamant that this quarter wouldn't be any good so everyone is selling it. (Ronald) Jim Cramer: There is no pressure that could pull oil down with the Saudi Arabia oil cuts and Russia export cuts. Jeff Marks: These oil stocks have become great hedges to inflation again, much like they were last year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Jeff Marks, Jim Cramer, Johnson, Arbitrageurs, Greg, There's, We're, Elliott Management's, I'd, Elliott, Morgan Stanley, Carey, we've, James Gorman, Jim, Estee Lauder, Fabrizio Freda, there's, Dave Cote, Darius Adamczyk, Vimal Kapur, Darius, hasn't, —, Ronald, Rick, We've Organizations: Investing Club, Broadcom, VMWare, AAA, Constellation Brands, Modelo, Elliott Management, Cisco, Palo Alto Networks, Honeywell, Morgan, Morgan Stanley Laguna, GE Healthcare, Natural Resources, Devon Energy, Halliburton, HAL, Costco, Walmart, Kirkland, CNBC Locations: Canada, Johnson, Mel , Pennsylvania, Manville, New Jersey, U.S, Carey , Virginia, Asia, Kyle , Wisconsin, PANW, Omar , Colorado, Saudi Arabia, buybacks, GEHC

☆ Changes Bring Friction, and Lawsuits, to Florida College Targeted by DeSantis
▼ + stars: | 2023-09-22 | by ( Patricia Mazzei | More About Patricia Mazzei | ) www.nytimes.com time to read: +2 min

More than 200 students have been moved from on-campus dorms to off-campus hotels to make room for the recruited athletes and other new students. The U.S. Department of Education is investigating a complaint that New College, in its new iteration, discriminated based on disability. State lawmakers sent about $50 million to the school this year, a big jump from recent years. “What was really missing more than anything else at New College was leadership,” Mr. Corcoran, a former Florida House speaker and state education commissioner, said in an interview. “We’ve been able to do something that wasn’t accomplished in 63 years at the college, and that was grow enrollment.

Persons: Richard Corcoran, ” Mr, Corcoran, “ We’ve, “, ” Organizations: U.S . Department of Education, New College, L.G.B.T.Q, Florida House Locations: Florida

☆ US Army, Marine Corps leaders confirmed; other military promotions still in limbo
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +2 min

The Senate backed George to be the Army chief by a vote of 96 to 1 and Smith 96 to 0 to be the commandant of the Marine Corps. Schumer's action does not address hundreds of other military promotions still being delayed by Tuberville's blockade. Military officials have said the blockade of hundreds of military promotions could have a far-reaching impact across the armed forces, affecting troops and their families and harming national security. The Senate's approval of military promotions is usually smooth. Tuberville's hold cannot prevent the Democratic-majority Senate from voting on any promotion, but it can drastically slow the process.

Persons: Evelyn Hockstein, Randy George, Eric Smith, Charles Q, Brown, George, Smith, Chuck Schumer, Tommy Tuberville, Tuberville, we've, Pat Ryder, Idrees Ali, Phil Stewart, Leslie Adler, David Gregorio Our Organizations: Capitol, U.S, REUTERS, Rights, Senate, Army, Marine Corps, Republican, Pentagon, Defense Department, Tuberville's, Military, of Defense, Democratic, Thomson Locations: Washington , U.S

☆ Senate Confirms Army and Marine Chiefs, but Tuberville’s Blockade Drags On
▼ + stars: | 2023-09-21 | by ( Karoun Demirjian | ) www.nytimes.com time to read: +1 min

The Senate on Thursday overwhelmingly confirmed Gen. Randy George of the Army and Gen. Eric Smith of the Marines as the chiefs of staff of their respective services, circumventing a single senator’s blockade against senior military promotions but leaving hundreds more still in limbo. The action followed the confirmation on Wednesday night of Gen. Charles Q. Brown Jr. to serve as the next chairman of the Joint Chiefs of Staff. If anything, the confirmations seemed only to embolden Mr. Tuberville, as Mr. Schumer had long said he feared they might. The Alabama senator said the only way to get around his obstruction would be for Mr. Schumer to continue to consider the promotions one by one, a time-consuming process that Democrats and many Republicans agree is untenable.

Persons: Randy George, Eric Smith, Charles Q, Brown Jr, Chuck Schumer, Tommy Tuberville, Tuberville, Schumer Organizations: Army, Marines, Joint Chiefs, Staff, Republican, Defense Department Locations: New York, Alabama

☆ C.Q. Brown Confirmed as Chairman of Joint Chiefs After Monthslong Holdup
▼ + stars: | 2023-09-20 | by ( Nancy A. Youssef | Lindsay Wise | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

Since then, Unilever has worked to make Elida an autonomous unit that could also appeal in its entirety to private equity firms, the sources added. Morgan Stanley and Evercore have now contacted several parties to gauge acquisition interest in Elida for what could be a multi-billion-dollar deal, according to the sources. Unilever, Morgan Stanley and Evercore declined to comment. This has prompted Unilever, the maker of Dove soap and Ben & Jerry's ice cream, to review its portfolio of non-core assets it can sell to raise cash. Unilever beat underlying sales growth forecasts in the second quarter after raising prices to offset the higher costs.

Persons: Morgan Stanley, Hein Schumacher, Ives, Moussel, Alberto Balsam, Evercore, Abigail Summerville, Richa Naidu, Chizu Organizations: Unilever Plc, Evercore Inc, Unilever, Credit Suisse, Elida, Breyers, Thomson Locations: St, Zwitsal, Elida, Klondike, New York, London

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