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Senator Tim Scott (R-SC) and North Dakota Governor Doug Burgum... Acquire Licensing Rights Read moreWASHINGTON, Oct 17 (Reuters) - Republican presidential contenders are scheduled to face off in a third primary debate on Nov. 8. Those early states are Iowa, New Hampshire, Nevada and South Carolina, all of which are among the first to hold nominating contests. The Republican National Committee has laid out several requirements for surveys to count toward this requirement, including that they must take place after Sept. 1. Senator Tim Scott of South Carolina also appear to have a solid shot of being there, according to recent polls. The November debate could make a difference for some candidates, but is unlikely to change the fundamental dynamics of the race.

Persons: Asa Hutchinson, Chris Christie, Mike Pence, Ron DeSantis, Vivek Ramaswamy, Nikki Haley, Tim Scott, Doug Burgum, Adrienne Arsht, Donald Trump, DeSantis, Trump, Tim Scott of, Haley, Gram Slattery, Nathan Layne, Susan Heavey, Ross Colvin, Deepa Babington, Jonathan Oatis Organizations: Former Arkansas, New, U.S, South Carolina, North Dakota, Republican, NBC News, Adrienne, Adrienne Arsht Center, Performing Arts of Miami, Dade, Florida, Democrats, WHO, Republican National Committee, Trump, RNC, United, North, Thomson Locations: New Jersey, Florida, U.S, WASHINGTON, Miami, Dade County, Iowa , New Hampshire, South Carolina, Iowa, New Hampshire , Nevada, Tim Scott of South Carolina, North Dakota, California, Wisconsin

A keyboard is placed in front of a displayed LinkedIn logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsOct 16 (Reuters) - Microsoft's (MSFT.O) LinkedIn said on Monday it would lay off 668 employees across its engineering, talent and finance teams in the second round of job cuts this year for the social media network for professionals amid slowing revenue growth. LinkedIn makes money through ad sales and by charging for subscriptions to recruiting and sales professionals who use the network to find suitable job candidates. In the fourth quarter of its fiscal 2023 year, LinkedIn's revenue increased 5% year-on-year, compared to 10% in the previous quarter. LinkedIn in May decided to cut 716 jobs across sales, operations and support teams to streamline its operations and remove layers to help make quicker decisions.

Persons: Dado Ruvic, Krystal Hu, Yuvraj Malik, Aditya Soni, Arun Koyyur, Emelia Organizations: REUTERS, Microsoft, LinkedIn, Thomson Locations: New York, Bengaluru

Some of their sharpest exchanges during the televised debate, however, came when asked to lay out their stands on abortion. Their remarks, which took place about three weeks before the Nov. 7 election, came against the backdrop of Kentucky's current abortion law, which bans the procedure except when carried out to save a pregnant woman’s life or to prevent a disabling injury. Cameron went on the attack by pointing to Beshear’s opposition to abortion restrictions passed by the state’s GOP-dominated legislature. Beshear also made another pitch for his plan for state-funded pre-K for every 4-year-old in Kentucky. Beshear criticized Cameron for supporting a Republican-backed measure to award tax credits for donations supporting private school tuition.

Persons: Andy Beshear, Daniel Cameron, Beshear, Roe, Wade, —, Cameron, Andy Beshear’s, ” Beshear, ” Cameron, he's, Cameron’s, Ford, ” Ford, Joe Biden's, “ Organizations: Republican, Northern Kentucky University, autoworkers, Plant, U.S, Supreme, GOP, Kentucky Supreme, United Auto Workers, Detroit, UAW, Ford, SK Innovation, Democratic, Washington , D.C Locations: Kentucky, Highland Heights , Kentucky, Louisville, Kentucky's, South Korea, Glendale, Beshear, Washington ,

☆ Walmart staffed up for holidays; US retailers cautious about economy
▼ + stars: | 2023-10-16 | by ( Siddharth Cavale | ) www.reuters.com time to read: +3 min

"We're staffed and ready to serve the customers this holiday season," Maren Dollwet Wagonner, senior vice-president of people, said in a LinkedIn postlast week. Walmart, like other retail chains, has been cautious in its holiday season outlook, saying customers are stressed by high food prices, depleted savings and higher interest rates. The statement from America's largest private employer with 1.7 million employees offered analysts insight into possible holiday shopping results. Except for Amazon, which plans to hire 250,000 holiday season workers, several other U.S. chains including Macy's have issued muted hiring plans for the period. While U.S. retail job applications are up 46%, job openings are down 25% and actual retail hiring is down by 12% in the year through September, according to talent acquisition company iCIMS.

Persons: Kamil Krzaczynski, sprees, We're, Maren Dollwet Wagonner, Andrew Challenger, Neil Costa, Walmart's, Spencer, Siddharth Cavale, Mark Porter, Richard Chang Organizations: Walmart, REUTERS, Challenger, U.S, Walmart's LinkedIn, Thomson Locations: Chicago , Illinois, U.S, Britain, New York

Rep. Jim Jordan received his party’s nomination for speaker on Friday, becoming the second nominee after Majority Leader Steve Scalise abruptly abandoned his bid for the role a day earlier. The Ohio Republican fell more than 60 votes short of the threshold needed to become speaker in a test vote on Friday. Jordan, the House Judiciary Committee chairman, was known for years as an outspoken critic of leadership positioned squarely among the party’s right flank. Still, some moderates, along with Democrats, staunchly oppose a Jordan speakership, making a bipartisan path forward possible. Some have floated a bipartisan effort to empower Rep. Patrick McHenry, who has been serving as speaker pro tempore since McCarthy’s ouster, or even elect the North Carolina Republican as speaker.

Persons: Kevin McCarthy’s, Jim Jordan, Steve Scalise, he’s, Dan Crenshaw, Jordan speakership, Jordan, Crenshaw, ’ “, ”, McCarthy, Kevin Hern, Mike Johnson of, Patrick McHenry, McCarthy’s, Hakeem Jeffries, ” Jordan, “, Mike Turner, balk Organizations: GOP, The Ohio Republican, Committee, ”, CNN, House Republicans, Fox News, North Carolina Republican, NBC, Democrats, Republican Conference, Ohio Republican, CBS, Capitol Locations: Jordan, Texas, Oklahoma, Mike Johnson of Louisiana, Ohio, Israel

☆ Embattled Rep. Lauren Boebert's Democratic challenger raised nearly 4 times the amount of money she did
▼ + stars: | 2023-10-16 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Already to new campaign finance reports, Frisch raised a whopping $3.3 million in the most recent quarter. According to the most recent fundraising reports, Boebert raised just $853,840 compared to Democrat Adam Frisch's massive $3,388,244.66 in the most recent quarter from July through the end of September. AdvertisementAdvertisementAccording to the Colorado Republican's report, just under 60% of the money she raised came from supporters who donated less than $200. In comparison, Frisch raised roughly 65% of his money from the same type of contributors. According to her campaign finance report, Boebert's campaign spent money at the bar whose owner was reportedly Boebert's date to the show.

Persons: Adam Frisch, Lauren Boebert, Frisch, Boebert, —, Adam Frisch's, I've, Coloradans, I'm, Cook, Matt Gaetz's, Kevin McCarthy, groping Organizations: GOP, Service, Democratic, Republicans, Caucus Locations: Colorado, New York, California, Washington, Denver

☆ Opinion: Where the war goes from here
▼ + stars: | 2023-10-15 | by ( Richard Galant | ) edition.cnn.com time to read: +19 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. The war plays out on everyone’s screens, forcing people to confront cruelty and killing and to fear what comes next. “Hamas’ mission is, by definition, to end Israel, not to seek to establish a self-governed Palestinian state that peacefully coexists alongside the Jewish state. “An Israeli normalization deal with Saudi Arabia — the location of the two holiest sites in Islam — would be hugely symbolic and have real security benefits for Israel,” wrote Peter Bergen. “After all, almost exactly half a century ago, during the 1973 Yom Kippur War, two Arab states, Egypt and Syria, attacked Israel.

Persons: CNN —, ”, Jonathan Glover, Frida Ghitis, “, Ghitis, Amy Klein, goer Gal Katz, Gal Katz, that’s, ’ ” Katz, ” “, Yulie Ben Ami, ” Ben Ami, Stephanie Griffith, ’, … ”, Israel, Janine Zacharia, Benjamin Netanyahu’s, Ilan Troen's, Deborah, Shlomi Mathias, Ilan Troen S, Ilan Troen, Symon Petliura’s banditim, Troen, Deborah Mathias, Yahya Hassouna, Omar Ghraieb, Carrie Cordero, ” Cordero, Islam —, Peter Bergen, Jason Greenblatt, Trump, Fatah, Rachel Fish, ’ ” Fish, Kara Alaimo, McCarthy Drew Sheneman, Kevin McCarthy, Steve Scalise, Jim Jordan, Julian Zelizer, Jordan, John Boehner, James Antle III, McCarthy’s gavel, John Avlon, Clay Jones, Sallie Krawcheck, Sado, Robert F, Kennedy Jr, Joe Biden, “ Kennedy, ” Bergen, Kennedy, Jack Ohman, Jill Filipovic, Gavin Newsom’s, Sarah Gundle, Bob Saget’s, isn’t, Sara Stewart, Julia Ormond’s, Keldy Ortiz, Dr, Lara Freidenfelds, … Simone Biles Simone Biles, Yves Herman, Simone Biles, Amy Bass, ” Bass, “ Biles, Biles Organizations: CNN, Hamas, Ben, Gurion University, Brandeis University, Getty, “ Hamas, Foreign Intelligence, Israel, Twitter, Palestinian Authority, West Bank, Harvard University, Higher, Republicans, House Republicans, GOP, Federal Reserve, RFK Jr, Democratic, White, Republican, Biden, Trump, Democrat, Agency Locations: British, Rwanda, Bosnia, Israel, Gaza, New York, America, “, Kippur, Kibbutz Holit, Derazhne, Rovno, Rivne, Poland, Ukraine, Europe, Gaza City, AFP, Palestinian, Saudi Arabia, Israeli, Islam, Egypt, Syria, Iran, Victoria Sado, Antwerp, Tokyo, Belgium

☆ Nancy Mace's quest to 'create headlines for herself' is giving her Democratic opponent fresh hope
▼ + stars: | 2023-10-14 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

AdvertisementAdvertisementYou've probably heard about Nancy Mace by now. But there's far more to Moore's campaign than simply not being Nancy Mace. In January, a federal district court in South Carolina found that Mace's district had been unconstitutionally racially gerrymandered. Republican state lawmakers appealed that ruling, kicking the final decision up the conservative-dominated Supreme Court, where oral arguments were heard on Wednesday. "I think [voters] look at Nancy Mace and believe that she is probably more motivated to get on national TV and create headlines for herself than to actually work for the people," said Moore.

Persons: Nancy, Michael B, Moore, Mace, —, Nancy Mace, strode, Nathaniel Hawthorn's, Kevin McCarthy, It's, Donald Trump's, she's, Robert Smalls, who've, Brown, Joe Cunningham, Joe Biden's, he's, Steve Bannon's Organizations: Democrat, Service, GOP, of, International African American Museum, Republican, Democratic Rep, Capitol Locations: South Carolina, Washington ,, Charleston, Washington, Mace's

☆ Ed Dwight was NASA's first Black astronaut candidate in the 1960s. A new documentary tells his forgotten story.
▼ + stars: | 2023-10-14 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +10 min

Two decades before Bluford's flight, Ed Dwight was an Air Force pilot who trained to be the first Black astronaut. Whitney Young of the National Urban League urged Kennedy to push the Air Force to find and train the first Black astronaut. Dwight said the famed pilot felt slighted and not being included in the decision to train a Black astronaut. "All of a sudden we were able to hire astronauts who didn't look like the classic NASA astronaut," Bolden said. During his flight, Glover had a group call with Dwight, Bluford, Bolden, and other Black astronauts.

Persons: Ed Dwight, Robert Lawrence, NASA didn't, —, Guion Bluford, Bluford, Dwight, Lisa Cortés, hadn't, John F, Kennedy, Whitney Young, Cortés, Dwight wasn't, Chuck Yeager, Yeager, Frederick Gregory, Frederick Douglass, Rosa Park, Ella Fitzgerald, Martin Luther King, Craig F, Walker, Ed, Leland Melvin, Buzz Aldrin, Michael Collins, Bernard Harris , Jr, Arnaldo Tamayo Méndez, Ron McNair, Diego Hurtado de Mendoza, Charles Bolden , Jr, Tamayo Méndez, Gregory, Bolden, McNair, they'll, Charles Bolden, Melvin, de Mendoza, Katherine Johnson, Ed's, kickstart, Victor Glover, George Floyd, who's, Leland D, Victor, Glover Organizations: NASA, Service, Air Force, Black, Atlanta Constitution, National Urban League, Bettmann, Denver's, Denver, Getty, Soviet Union, Space Shuttle Challenger, Space Shuttle Columbia, Space Station, NASA’s Office, Education, Geographic, Disney Locations: Atlanta, Rosa, Cuban, Cuba, United States, Soviet Union

☆ Republican infighting returns US House speaker race to square one
▼ + stars: | 2023-10-13 | by ( David Morgan | ) www.reuters.com time to read: +4 min

Many expected that pick to be House Judiciary Committee Chairman Jim Jordan, whom Scalise had bested in a secret ballot on Wednesday. His departure from the race angered Republican lawmakers and raised doubts about whether Jordan could drum up the necessary votes. Some lawmakers hope to revive a proposal requiring any candidate to secure 217 Republican votes to become the nominee. 'REWARDING BAD BEHAVIOR'Representative Don Bacon, a Republican centrist, said he and other lawmakers are withholding support for Jordan for now. Given a slim 221-212 House Republican majority, the next speaker can afford to lose support from no more than four Republicans and be elected speaker over Democratic opposition.

Persons: Nancy Pelosi, John Boehner, Steve Scalise, Jim Jordan, Scalise, Kevin McCarthy, Jordan, Andy Barr, Don Bacon, Bacon, Jim, Steve, McCarthy, Dusty Johnson, Greg Murphy, Patrick McHenry, David Morgan, Moria Warburton, Richard Cowan, Scott Malone, Gerry Doyle Organizations: U.S . House, Democratic, Republican, 112th United States Congress, Republicans, Thomson Locations: WASHINGTON

☆ Egyptian Opposition Candidate Ends Campaign for Presidential Poll
▼ + stars: | 2023-10-13 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

In order to stand in the presidential vote, candidates were required to collect endorsements from 25,000 members of the public across 15 governorates, or from 20 sitting members of parliament, by Oct. 14. The campaign for Tantawy, who has 2 million followers on Facebook, said he had been able to gather 14,116 endorsements, including just 54 in his home city of Kafr El Shaikh. Sisi, a former army chief, was elected in 2014 and 2018 with 97% of the vote. In 2019 the constitution was amended to allow him to stand for a third term. (Reporting by Farah Saafan; Writing by Aidan Lewis; editing by Grant McCool)

Persons: Abdel Fattah al, Ahmed el, Sisi, Tantawy's, Tantawy, Kafr El Shaikh, Tantawi, Farah Saafan, Aidan Lewis, Grant McCool Organizations: Authority, Facebook Locations: CAIRO, Kafr El, Cairo

☆ A former McDonalds franchise owner dubbed 'McCongressman' wants to be the GOP's next House Majority Leader — and he's handing out McGriddles to win his colleagues over
▼ + stars: | 2023-10-12 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

GOP Rep. Kevin Hern, a former McDonald's franchise owner, wants to be House Majority Leader. AdvertisementAdvertisementRep. Kevin Hern wants to be the next House Majority Leader, and he's got at least one unconventional trick up his sleeve to try to pull it off: McDonald's. "I fucking wish," one House GOP staffer told Insider via text when asked if they'd received a delivery. "Pissed," a staffer from another House GOP office wrote, saying they also hadn't received any McGriddles. Hern, the current chairman of the conservative Republican Study Committee, launched his campaign for majority leader on Wednesday after House Republicans nominated current House Majority Leader Steve Scalise to replace McCarthy as speaker.

Persons: Kevin Hern, he's, Bacon, —, they'd, hadn't, Steve Scalise, McCarthy, Hern, Byron Donalds of, Tom Emmer, Elise Stefanik Organizations: Republicans, GOP, Service, Oklahoma Republican, Washington Examiner, Republican, Committee Locations: Oklahoma, Punchbowl, Hern, Byron Donalds of Florida, Minnesota, New York, Scalise

An “American hero,” is how Republican colleagues describe Scalise after the 2017 shooting and on Wednesday, a narrow majority of them nominated him as their next House speaker following the unprecedented ouster of the former speaker, Rep. Kevin McCarthy. McCarthy rose to become Majority Leader, and Scalise the Majority Whip. One early morning three years later, Scalise and other Republican lawmakers gathered at a grassy park in the suburbs outside of Washington to practice for the upcoming congressional baseball game. When McCarthy seized the gavel in January once Republicans regained the majority, Scalise won the No. Late Wednesday, the speaker's office became a revolving door as holdout Republican lawmakers met with Scalise bringing their concerns, complaints and demands.

Persons: —, Steve Scalise, Kevin McCarthy, Scalise, we’ve, ”, Andy Barr, Ronald Reagan, McCarthy, John Boehner, Eric Cantor, Paul Ryan, Cantor, Donald Trump, ” Scalise, “, Scalise’s, Jennifer, ” Womack, Jim Jordan, Marjorie Taylor Greene, Jordan, David Duke, It’s, Boehner, Ryan, Trump, “ We’re, Chip Roy, Roy, Stephen Groves, Farnoush Amiri Organizations: WASHINGTON, Washington Nationals, Republican, Capitol, Republicans, House, eventual, Republican Party in Congress, U.S . Capitol Police, Capitol Police, Committee, Ku Klux Klan, Scalise, Freedom Caucus, Associated Press Locations: American, “, Washington, Scalise, Southern, Virginia, U.S, Louisiana “, people’s, Texas

Republican Attorney General Daniel Cameron tried pushing national politics to the forefront of the governor's race in GOP-trending Kentucky, while Democratic Gov. Andy Beshear played up the state's record-setting economic growth under his leadership as the rivals squared off at a forum Thursday. But the challenger spent much of his time blasting away at Biden in hopes of eroding support for Beshear. The Republican-led legislature revamped the state’s tax code last year to gradually phase out individual income taxes while extending the state sales tax to more services. But the sharpest exchanges came as Cameron tried to nationalize the race.

Persons: Daniel Cameron, Andy Beshear, Cameron, Beshear, Joe Biden, I’ve, ” Cameron, Donald Trump's, “, ” Beshear, It's, Matt Bevin, Biden, Dylan Lovan Organizations: Democratic Gov, Democratic, Biden, Beshear, Republican, GOP, Washington , D.C, Associated Locations: Kentucky, Paducah, Mayfield, Washington ,, Louisville, Ky

☆ The giant sucking sound you hear is the gobs of capital being pulled away from emerging managers. Here's how one solo capitalist defied the slump.
▼ + stars: | 2023-10-12 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

Those who raised their first venture capital funds in the pandemic-era boom times are now struggling with their sophomore efforts. Despite the tailwinds, some emerging managers are defying the slump and raising new funds. He told Insider exclusively that he's now closed on $15 million for fund two from investors including Cendana Capital, Invesco Private Capital, and two dozen startup founders. And so in 2019, he reached into his network of founders and raised a $2 million fund to invest in software companies. Now, he's already gearing up for fund three, which Wan said he plans to launch in 2024.

Persons: Insider's Callum Burroughs, Jordan Wan, Wan, Zocdoc, Oliver Kharraz, it's, Alan Ni, Jake Cooper, Manoj Kanagaraj, Blackstone, Cooper didn't, Cooper, they've, Wolf Organizations: Sequoia, Partners, Cendana, Invesco, Capital, Oscar Insurance, Garner Health Locations: London, Denver , Colorado, Wan

The war provoked by Hamas' attack on Israel has shaken American politics — and put the primary race in her wheelhouse. Iran has long supported Hamas, though U.S. officials say there's no conclusive evidence yet that Iranian agents were involved in the most recent attack. Ron DeSantis proposed state-level sanctions against Iran for its ongoing support of Hamas. Since before the war, Haley has gone after her rivals on issues such as U.S. support for Ukraine against Russia's invasion and how Washington deals with China. And, in keeping with how he treats rivals, Trump has given Haley a nickname, “Birdbrain."

Persons: CLIVE, — Nikki Haley, peppering, —, Haley, Donald Trump, ”, we’re, wouldn't, Israel, Kevin McCarthy, Joe Biden, South Carolina Sen, Tim Scott, Ron DeSantis, Trump, Vivek Ramaswamy’s, “, ” Ramaswamy, ” Haley, DeSantis, ” DeSantis, Bill Strong, ” Strong, Nikki, doesn’t, Bruce Rauner, Rauner, She’s, Linda Marks, ” Marks, Thomas Beaumont, Elliot Spagat, ___ Meg Kinnard Organizations: Republican, United Nations, Department of Homeland Security, Israel, Saturday, Banking, Gov, Ukraine, Washington, GOP, Lockheed, Raytheon, Boeing, Trump, Disney, ” Former Illinois Gov, doer, Palestinian, Security, The Associated Press, NORC, for Public Affairs Research, Associated Press Locations: Iowa, China, Russia, Israel, U.S, America, Mexico, Iran, Tehran, South Carolina, Florida, Ukraine, Taiwan, ”, Texas, United States, Gaza, Des Moines, Windsor Heights , Iowa, Boone , Iowa, San Diego

[1/2] Chairman Anthony Thomson (L) and Vice Chairman Vernon Hill pose with a dog outside the first branch of Metro Bank in Holborn in central London July 29, 2010. Metro declined to comment on Tuesday. A Starling spokesperson said the lender was making inroads into the big banks' market dominance. Metro is not the only smaller bank to have faced problems. One option is for smaller banks to gain scale through mergers and acquisitions.

Persons: Anthony Thomson, Vernon Hill, Toby Melville, John Cronin, Caius Capital, Monzo, Starling, We've, Morgan Stanley, Gary Greenwood, Rupak Ghose, Shore Capital's Greenwood, Ghose, Shawbrook, Jaime Gilinski, Dorita, Iain Withers, Pablo Mayo Cerqueiro, Anousha Sakoui, Huw Jones, Amy, Jo Crowley, Sinead Cruise, Chiara Elisei, Alexander Smith Organizations: Metro Bank, REUTERS, Yorkshire, Lloyds, NatWest, HSBC, Barclays, Metro, Caius, Varde Partners, Finance, Bank of England, London Stock Exchange, The Bank of England, Prudential, Authority, Shore Capital, Reuters Graphics Reuters, Shore, Financial, Bank, Reuters, Thomson Locations: Holborn, London, Starling, Metro, Colombian

Persons: Anthony Thomson, Vernon Hill, Toby Melville, John Cronin, Caius Capital, Jaime Gilinski, Dorita, Gilinski, Monzo, Starling, We've, Morgan Stanley, Gary Greenwood, Rupak Ghose, Shore Capital's Greenwood, Ghose, Shawbrook, Iain Withers, Pablo Mayo Cerqueiro, Anousha Sakoui, Huw Jones, Amy, Jo Crowley, Sinead Cruise, Chiara Elisei, Nelson Bocanegra, Alexander Smith, Jonathan Oatis Organizations: Metro Bank, REUTERS, Yorkshire, Lloyds, NatWest, HSBC, Barclays, Metro, Caius, Varde Partners, Harvard, Forbes, Finance, Bank of England, London Stock Exchange, The Bank of England, Prudential, Authority, Shore Capital, Reuters Graphics Reuters, Shore, Financial, Bank, Reuters, Thomson Locations: Holborn, London, BOGOTA, Starling, Colombian, Latin America, Metro, Bogota

☆ Metro Bank: Colombian billionaire Jaime Gilinski Bacal takes control of struggling UK lender
▼ + stars: | 2023-10-09 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Jaime Gilinski Bacal, a Colombian banking and real estate entrepreneur, has taken control of Metro Bank as part of a bigger rescue deal to fill a hole in the UK lender’s finances. Metro Bank said in a statement late on Sunday that it had raised £325 million ($396 million) from investors, split between £150 million ($183 million) of equity and £175 million ($213 million) of debt. Metro Bank’s shares were trading 22% higher Monday but have still lost 55% so far this year. The Bank of England welcomed the deal, which will also see Metro Bank refinance £600 million ($731 million) of debt, causing losses to some bondholders. Metro Bank CEO Daniel Frumkin said the deal “marks a new chapter” for the lender, which has reported losses for several years.

Persons: London CNN — Jaime Gilinski Bacal, Stock, Daniel Frumkin, Gilinski, Forbes, Gilinski Bacal, Dorita, Fitch Organizations: London CNN, Metro Bank, Lloyds, Barclays, BCS, HSBC, —, Metro Bank’s, Bank of England, Fitch, Bank Locations: Colombian, America

Another Republican presidential candidate has dropped out of the crowded 2024 field. He said the need to rally around one candidate to defeat former President Donald Trump had become increasingly clear. The GOP front-runner remains hugely popular in the Republican Party, despite making history as the first president to be impeached twice and inciting the Capitol insurrection on Jan. 6, 2021. The Florida governor officially launched his 2024 presidential campaign on May 24 in a glitch-marred Twitter announcement, casting himself as Trump’s only legitimate Republican rival. The wealthy biotech entrepreneur and author of “Woke, Inc.” kicked off his presidential campaign on Feb. 21 with a video and op-ed.

Persons: Will Hurd, Nikki Haley, Donald Trump, Miami Mayor Francis Suarez, Robert F, Kennedy Jr, America's, Roe, Wade, Trump, DeSantis, Trump's Jan, ” Pence, Pence, Scott, “, ”, Christie, ” Christie, “ Tucker Carlson, Gavin Newsom, Johnson, Joe Biden, Biden, Marianne Williamson, John F, Kennedy, West, Meg Kinnard Organizations: Republican, Former, Miami Mayor, GOP, Democratic, White House, White, U.S . Capitol, Republican Party, Disney, Pence, Trump, U.S, Capitol, South, Black Republican, United Nations, Trump Cabinet, Inc, America, Fox News, California Gov, Michigan, Bowl, DEMOCRATIC, Department of Peace, Biden, Green Party Locations: Former Texas, Lago, U.S, Florida, Iowa, South Carolina, North Charleston, Charleston, Jersey, New Hampshire, Arkansas, Bentonville, New York, Dakota, Fargo ., America, Washington, Boston

☆ Two German state elections expected to bring wins for conservative national opposition
▼ + stars: | 2023-10-08 | by ( ) www.cnbc.com time to read: +4 min

Both states are led by the country's main opposition Union bloc, made up of the Christian Democratic Union and the Bavaria-only Christian Social Union. In Hesse, they give the CDU a double-digit lead in a three-way contest for the governor's office among the conservative party, Scholz's center-left Social Democrats and the environmentalist Greens. Scholz's government also faces intense pressure to reduce the number of migrants arriving, a major issue in the run-up to the elections. Green challenger Tarek Al-Wazir, currently the deputy governor to conservative incumbent Boris Rhein, also faces an uphill struggle. In Bavaria, governor Markus Soeder is calling for voters to back "continuity and stability."

Persons: Chancellor Olaf Scholz's, Scholz, —, Karl, Rudolf Korte, Nancy Faeser, Tarek Al, Wazir, Boris Rhein, Markus Soeder, Soeder, Hubert Aiwanger, Aiwanger — Organizations: Sunday, Union, Christian Democratic Union, Christian Social Union, CSU, CDU, Social Democrats, environmentalist Greens, Germany, Greens, Free, Welt, Sonntag, Voters, Free Democrats, Free Voters Locations: Bavaria, Hesse, Frankfurt, Scholz's

Both states are led by the country's main opposition Union bloc, made up of the Christian Democratic Union and the Bavaria-only Christian Social Union. In Hesse, they give the CDU a double-digit lead in a three-way contest for the governor's office among the conservative party, Scholz's center-left Social Democrats and the environmentalist Greens. Scholz’s government also faces intense pressure to reduce the number of migrants arriving, a major issue in the run-up to the elections. Green challenger Tarek Al-Wazir, currently the deputy governor to conservative incumbent Boris Rhein, also faces an uphill struggle. Soeder is widely considered a potential candidate to challenge Scholz in 2025, although he has denied such ambitions.

Persons: Chancellor Olaf Scholz's, Scholz, won’t, —, Karl, Rudolf Korte, Nancy Faeser, Tarek Al, Wazir, Boris Rhein, Markus Soeder, Soeder, Hubert Aiwanger, Aiwanger — Organizations: BERLIN, Sunday, Union, Christian Democratic Union, Christian Social Union, CSU, CDU, Social Democrats, environmentalist Greens, Germany, Greens, Free, Welt, Sonntag, ” Voters, Free Democrats, Free Voters Locations: Bavaria, Hesse, Frankfurt, Scholz's

Jordan is a leading defender of former President Donald Trump, who remains a major figure in the Republican party. Trump, the frontrunner for the 2024 Republican presidential nomination, endorsed Jordan for House speaker on Friday. As of Friday, both Scalise and Jordan had secured roughly two dozen endorsements from among the 221 Republicans in the House. Scalise returned to the Capitol in September and has said that he is healthy enough to serve as speaker. Jordan, 59, is an outsider to party leadership.

Persons: Steve Scalise, Jim Jordan, Stefani Reynolds, Kevin McCarthy, Jordan, Donald Trump, Trump's, McCarthy's, Kevin Hern, Patrick McHenry, Joe Biden, Scalise, David Duke, Biden, Democrat Joe Biden, John Boehner, McCarthy, Makini Brice, Moira Warburton, Susan Heavey, Andy Sullivan, Rami Ayyub Organizations: U.S, U.S . Rep, Capitol, REUTERS Acquire, Rights, Republican, U.S . House, Representatives, Trump, Republicans, Ku Klux Klan, Democrat, Freedom Caucus, Thomson Locations: Washington , U.S, U.S, Louisiana, House, Ukraine, Jordan, Ohio

Among the many conspiracy theories that have fueled that belief on the right are those surrounding ballot drop boxes. Users have promoted the investigation as evidence for the persistent, false narratives about widespread fraud connected to ballot drop boxes. Some Republican lawmakers, who had raised concerns about the security of drop boxes during the pandemic, said the Bridgeport videos prove they were correct. In many cases, drop boxes are placed in locations where they can be monitored by election staff or security cameras. “It’s not the ballot boxes that are the problem,” said Cheri Quickmire, executive director of the voter advocacy group Common Cause in Connecticut.

Persons: —, Donald Trump’s, Doug Dubitsky, ”, Dubitsky, Trump, David Levine, “, Joe Ganim, John Gomes, Gomes, Ganim, Sen, Rob Sampson, It’s, Cheri Quickmire, They've, Matt Ritter, ” ___ Cassidy, Christine Fernando Organizations: Democrats, Republicans, Republican, Democratic, Marshall Fund’s Alliance, Securing Democracy, General, Associated Press, Voting, Connecticut Legislature, Hartford Democrat Locations: HARTFORD, Conn, Connecticut’s, Bridgeport, Idaho, In Connecticut, United States, Connecticut, “, Atlanta, Chicago

☆ The leading Democratic challenger to Lauren Boebert raised $3.4 million in the third quarter, a mega haul that comes as the GOP congresswoman has faced widespread criticism over her public conduct
▼ + stars: | 2023-10-07 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Democrat Adam Frisch raised nearly $3.4 million in Q3 in his quest to defeat Lauren Boebert in 2024. Frisch has so far raised about $4.4 million in the fight for Colorado's 3rd Congressional District. AdvertisementAdvertisementThe leading Democratic candidate running against Republican Rep. Lauren Boebert of Colorado in 2024 raised nearly $3.4 million in the third quarter, according to recent campaign finance reports. "I am deeply humbled by the over 100,000 individual donations that were made to our campaign this quarter to defeat Lauren Boebert," Frisch said in a statement on Thursday. AdvertisementAdvertisementFrisch, a former Aspen city councilman, has so far raised nearly $4.4 million for the race, compared to Boebert's roughly $1.6 million haul, according to Federal Elections Commission financial summaries.

Persons: Adam Frisch, Lauren Boebert, Frisch, —, Boebert —, Boebert, Donald Trump, MSNBC's Symone Sanders, Townsend Organizations: Colorado's, Congressional District, Republican, Service, Democratic, Republican Rep, Boebert, Congressional, GOP, Capitol, Denver Locations: Colorado, Southern Colorado, Aspen, Denver

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