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It said it would tender for a new external auditor as part of "best practice for audit firm rotation". PwC has audited Westpac since 2002, before which PwC partners and their ancestor firms had audited the bank since 1968. However, PwC's lead Westpac audit partner assumed the role less than two years ago, in December 2021, according to a Westpac governance statement this month. A PwC Australia spokesperson said the firm understood the board's decision and was proud of its time as Westpac's auditor. Renamed Scyne Advisory, roughly 1,400 of PwC Australia's more than 9,000 staff moved over to the new firm.

Persons: Loren Elliott, PwC, Lewis Jackson, Christopher Cushing, Robert Birsel Organizations: Westpac, Central Business District of, REUTERS, Rights, Westpac Group, PricewaterhouseCoopers, PwC's, Google, Uber Technologies, Facebook, Meta, PwC, Scyne Advisory, Scyne, Thomson Locations: Central Business District of Sydney, Australia, PwC Australia

At the first two debates, Mr. DeSantis played the front-runner, attacking his opponents only when he was hit first. This has not been an easy stretch for Mr. DeSantis, in no small part because of the attacks from Mr. Trump on everything from his foreign policy credentials to his height. Mr. DeSantis has staked his bid on his performance in the state’s first-in-the-nation caucuses on Jan. 15. Mr. DeSantis offered a similar criticism of the president while campaigning in New Hampshire in October. Unless Mr. Trump makes a dramatic last-minute appearance on the stage, that seems unlikely to change.

Persons: Ron DeSantis, Nikki Haley, Tim Scott, Chris Christie, Vivek Ramaswamy —, Donald J, Trump, Vivek Ramaswamy, It’s Nikki Haley’s, Haley, Mike Pence —, DeSantis, “ Haley, ”, Mike Murphy, Ms, Will, Haley’s, Kim Reynolds, Christie, I’ve, haven’t, Mike Johnson’s, Benjamin Netanyahu, Israel, Donald Trump, Bibi Netanyahu, Scott, Mr, Ramaswamy Organizations: — Gov, Wednesday, Miami, Republican National Committee, South, United Nations, New, NBC, Trump, Republican Party, Democrats, Israel, Democratic Party, Republican Jewish Coalition, Republican Locations: Miami, Milwaukee, Tuscaloosa, Ala, South Carolina, United, Florida, New Jersey, Iowa, Ukraine, New Hampshire, “

Political Cartoons View All 1237 Images“This trial is the ultimate version of drama and conflict,” he said. Robinson, 41, worked for one of De Niro’s companies, Canal Productions, beginning in 2008 as a personal assistant for less than $100,000 in salary. By 2019, De Niro had agreed to pay her $300,000 annually and elevated her title, making her vice president of production and finance. De Niro sat relaxed in a chair between two of his lawyers during closing arguments. He said 5 million airline miles pocketed by Robinson were worth about $85,000 and that his client just wants “stuff back.”“Use your common sense,” Schoenstein told jurors.

Persons: — Robert De Niro, Brent Hannafan, Graham Chase, De, Richard Schoenstein, Robinson, De Niro, ” Hannafan, “, ”, Schoenstein, didn't, De Niro's, Martin Scorsese, he'd, Chase Robinson, Tiffany Chen, De Niro’s, Chen, ” Schoenstein Organizations: Canal Productions Locations: Manhattan

☆ Compelled to testify against her father and brothers, Ivanka Trump's voice is clear, quiet, and cautious
▼ + stars: | 2023-11-08 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Ivanka Trump took the stand Wednesday in her father and brothers' civil fraud trial in New York. "Not that I am aware of, no," Ivanka Trump answered quietly, when asked if she had any role in preparing the statements. At another point, Ivanka Trump was asked to identify her father's signature on several documents from 2016, in which he guaranteed the truth of his net-worth statements to Deutsche Bank. Ivanka Trump at her father and brothers' civil fraud trial. AdvertisementAdvertisementShe testified in a clear, calm, quiet voice – so quiet that the judge early on asked her to move her microphone closer.

Persons: Ivanka Trump, —, Letitia James, Donald Trump's, James, Louis Solomon, Trump, Solomon, Michael M, Santiago, Arthur Engoron Organizations: Deutsche Bank, Service, New York, Trump Organization, Trump, Washington , D.C Locations: New York, Miami, Washington ,

☆ Take a look inside the new Raffles hotel in London
▼ + stars: | 2023-11-08 | by ( Karen Gilchrist | Marylou Costa | ) www.cnbc.com time to read: +8 min

Fiona Harris Communications director, Raffles London"It's the magic combination: the building, the location and the name, Raffles," Fiona Harris, Raffles London's communications director, told CNBC Travel. All in, the hotel houses 120 suites and rooms, including five heritage suites in the former offices of political and military leaders, and eight corner suites named after notable women and female spies. Raffles London is home to 120 rooms and suites, including eight corner suites named after notable women and female spies. Saison, run by Argentine Michelin star chef Mauro Colagreco, is one of nine restaurants and three bars at Raffles London. London's new luxury waveA stay at Raffles London is not without a significant price tag.

Persons: Winston Churchill's, Fiona Harris, Sir Stamford, Henry VIII, Ian Fleming's James Bond, Churchill, David Lloyd George, Lord Kitchener, Harris, Winston Churchill, Thierry Despont, Raffles, Argentina's Mauro Colagreco, sipping, Mauro Colagreco, James Bond, Ian Fleming, It's, Christine Granville, Gopichand Hinduja —, —, Hinduja Organizations: Raffles, Downing, Fiona Harris Communications, CNBC Travel, Sir Stamford Raffles, Hinduja, Ministry of Defense, British Army, Architects, British Secret Service, CNBC, Suite, Liberty, Michelin, Raffles London, Guards, London Sling, Argentine Michelin, Ministry, Hyde Park, Royal British Legion, British Armed Forces Locations: Whitehall, London, Raffles London, British, Singapore, India, Argentine, U.S, China, Granville, Hyde, Rosewood, Claridge's, The Emory

☆ Trump Asks Appeals Court to Throw Out Election Case Gag Order
▼ + stars: | 2023-11-08 | by ( Alan Feuer | More About Alan Feuer | ) www.nytimes.com time to read: +1 min

Lawyers for former President Donald J. Trump asked an appeals court in Washington on Wednesday to throw out the gag order imposed on him in the federal case in which he stands accused of plotting to overturn the 2020 election, calling it an effort to “muzzle” a presidential candidate “at the height of his re-election campaign.”“No court has ever imposed a gag order on the political speech of a candidate for public office, let alone the leading candidate for president of the United States — until now,” D. John Sauer, a lawyer who is handling the appeal for Mr. Trump, wrote. Mr. Sauer’s entreaty to the U.S. Court of Appeals for the District of Columbia was merely the latest in a dizzying round of back-and-forth moves involving the gag order, which was put in place last month to keep Mr. Trump from targeting members of the court’s staff, prosecutors or witnesses involved in his election interference case in Federal District Court in Washington. Judge Tanya S. Chutkan, who initially imposed the order, paused it briefly three weeks ago to consider some issues involving the appeal, but then reinstated it at the request of prosecutors in the office of the special counsel, Jack Smith, after Mr. Trump continued to violate its provisions.

Persons: Donald J, Trump, “, ” “, John Sauer, Sauer’s entreaty, Tanya S, Chutkan, Jack Smith Organizations: United, U.S ., Appeals, District of Columbia, Federal, Court Locations: Washington, United States

Renamed Scyne Advisory, roughly 1,400 of PwC Australia's more than 9,000 staff have moved over to the new advisory firm. It said it would tender for a new external auditor as part of "best practice for audit firm rotation". PwC has audited Westpac since 2002, before which PwC partners and their ancestor firms had audited the bank since 1968. However, PwC's lead Westpac audit partner assumed the role less than two years ago, in December 2021, according to a Westpac governance statement this month. A PwC Australia spokesperson said the firm understood the board's decision and was proud of its time as Westpac's auditor.

Persons: Lewis Jackson, PwC, Robert Birsel, Stephen Coates Organizations: REUTERS, Rights, Wednesday, Scyne Advisory, Scyne, Google, Uber Technologies, Facebook, Meta, WESTPAC, Westpac Group, Westpac, PwC's, Thomson Locations: Barangaroo, Australia

☆ Scientists detect oxygen in noxious atmosphere of Venus
▼ + stars: | 2023-11-08 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

Data from NASA's Magellan spacecraft and Pioneer Venus Orbiter is used in an undated composite image of the planet Venus. Its thick and noxious atmosphere is dominated by carbon dioxide - 96.5% - with lesser amounts of nitrogen and trace gases. In fact, with Venus getting far less scientific attention than other planets such as Mars, the direct detection of its oxygen has remained difficult. They noted that this atomic oxygen, which consists of a single oxygen atom, differs from molecular oxygen, which consists of two oxygen atoms and is breathable. "The Venus atmosphere is very dense.

Persons: Heinz, Wilhelm Hübers, Hübers, Helmut Wiesemeyer, Max Planck, Wiesemeyer, Will Dunham, Rosalba O'Brien Organizations: NASA, JPL, Caltech, Handout, REUTERS, Rights, Venus, Boeing, German Aerospace Center, Nature Communications, Max Planck Institute for Radio Astronomy, Thomson Locations: SOFIA, Hawaii, Germany

The FDA approved tirzepatide for weight loss under the brand name Zepbound. It has been available as Mounjaro for type 2 diabetes since 2022 and had increasingly been used "off-label" for weight loss while the obesity approval was pending. Zepbound will be available in the U.S. by the end of the year at a list price of $1,059.87 a month, according to Lilly. That compares with a list of $1,349 per-package for Novo Nordisk's (NOVOb.CO) wildly popular weight-loss drug Wegovy. After Wednesday's FDA approval, Lilly can now promote the drug for weight loss.

Persons: Eli Lilly, Mike Segar, Eli Lilly's, ” John Sharretts, Lilly, Morningstar, Damien Conover, Conover, drugmaker, Robert Kushner, Mounjaro, Patrick Wingrove, Leroy Leo, Bhanvi, Shinjini Ganguli, Bill Berkrot Organizations: Company, REUTERS, U.S . Food, Drug Administration, U.S, FDA, FDA’s Center, Drug, Research, Novo Nordisk's, Reuters, Northwestern University Feinberg School of Medicine, Thomson Locations: Branchburg , New Jersey, U.S, Indianapolis, United States, New York, Bengaluru

☆ Disney's strides to restore profitable growth are why we stick around in the stock
▼ + stars: | 2023-11-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

However, we did not learn much in the way of strategic partnerships for ESPN and its TV business. That's a significant improvement from the nearly $5 billion it generated in fiscal 2023 and $6.7 billion analysts expected for 2024. DTC, housed in the Entertainment segment, saw quarterly narrow to $420 million from $1.4 billion in fiscal 2022 Q4. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Bob Iger's, Nelson Peltz, Disney, That's, Hotstar, it's, Iger, Hugh Johnston, Johnston, Jim Cramer's, Jim Cramer, Jim, Walt, Joe Raedle Organizations: Disney, Revenue, LSEG, Sports, ESPN, Entertainment, Hulu, CNBC, Comcast, Disney Cruise, Disney Vacation, Disneyland, PepsiCo, Walt Disney, Getty Locations: Hulu, Orlando , Florida

☆ 3 Charged With Running Prostitution Service Used by Politicians and Others
▼ + stars: | 2023-11-08 | by ( Aishvarya Kavi | More About Aishvarya Kavi | ) www.nytimes.com time to read: +1 min

They are accused of using “coercive tactics” to draw the women into providing sexual services, for which clients were charged about $350 to $600 per hour. Some of the properties were leased in Mr. Han’s and Mr. Junmyung’s names, according to the affidavit from the homeland security agent. He added that the women were often flown across state lines to engage in prostitution. The women were showcased on the websites according to their height, weight and bust size along with seminude photos, according to the affidavit. The clients would then receive a “menu” of services and women.

Persons: Han’s, Zachary Mitlitsky, Junmyung Locations: Washington, Boston, Fairfax, Virginia, Cambridge, Watertown, Massachusetts

NEW YORK (AP) — The physical pain of nearly dying when shrapnel from a roadside bomb in Iraq tore through his head 17 years ago was hard enough for ABC newsman Bob Woodruff. A couple of inches either way, Woodruff was told, and he would have been killed instantly. He has constant contact with veterans through the Bob Woodruff Foundation, which raises money for military families. That allowed for some gallows humor when Woodruff and Magnus Macedo, the sound technician on Woodruff’s 2006 trip, tried to cross it. Woodruff reunited with Saad Al-Dulaimi and Ghassan Al-Mohammadawi, Iraqi military men who had accompanied him in 2006.

Persons: Bob Woodruff, Woodruff, “, ”, “ It’s, you’re, Mack, Bruce Springsteen, David Westin, ” Westin, it’s, Lee, ” Woodruff, Magnus Macedo, “ Don’t, Saad Al, Ghassan, ” Al, Mohammadawi, Doug Vogt Organizations: ABC, Hulu, Associated Press, Disney, Bob Woodruff Foundation, ” Locations: Iraq, Taji, Mosul

The pandas’ departure from the National Zoo leaves Zoo Atlanta as the only other US zoo to feature pandas from China, and not for much longer. First lady Pat Nixon welcomes China's giant pandas on April 20, 1972, at Washington's National Zoo. They have since become the parents of seven giant panda cubs born at Zoo Atlanta, according to the zoo. Staff at the National Zoo say they’re hopeful China might one day send over more giant pandas. Plans for the exhibit, with a welcome sign announcing the “Giant Pandas of Chengdu” and a panda-themed gift shop, aren’t clear.

Persons: Tian Tian, Mei Xiang, Xiao Qi Ji, Nixon, Mao Zedong, Richard Nixon, ”, Mao Ning, Richard Nixon’s, Mao Zedong’s, Pat Nixon, “, Hsing, YaYa, Xin Xin, David Culver, Fernando Gual Sill, CNN Xin Xin –, Xi Jinping, Vladimir Putin, Yang Yang, Lun Lun, Steve Schaefer, –, Bob Lee, Jane Mahalik, “ Pat Nixon, ” Mahalik, Jill Biden, Yong Xiong, Melissa Gray Organizations: CNN, Smithsonian National Zoo, ” Zoo, National Zoo, Zoo, AP China, China’s Ministry of Foreign Affairs, Washington, of Public Service, Memphis Zoo, Atlanta, Chapultepec Zoo, Pandas, Zoo Atlanta, Getty, Scotland, Edinburgh Zoo, Adelaide Zoo, Chengdu Research Base, Staff, National Locations: Washington ,, China, what’s, Zoo Atlanta, Beijing, United States, City of Peking, Washington, Atlanta, Russia, Mexico City, Chapultepec, Mexico, “, China’s, Moscow, Qatar, AFP, America, Zoo, Chengdu, New York, Los Angeles

☆ Why bitcoin ATMs are taking over malls and gas stations across the U.S.
▼ + stars: | 2023-11-07 | by ( Kaan Oguz | ) www.cnbc.com time to read: +1 min

A different kind of ATM is setting up shop in your local convenience store. These machines look like traditional banking kiosks, but they allow customers to buy bitcoin in cash. Bitcoin ATMs, or BTMs, exploded in popularity between 2020 and mid-2022, at the height of the crypto craze. More and more people are using bitcoin ATMs to send money at lightning speed. Watch the video above to learn more about what's driving the BTM boom, why these machines attract crime, and how prosecutors plan to fight back.

Organizations: ATM Locations: BTMs, U.S, Bitcoin

☆ The rise of the McMansion: 11 charts show just how much bigger and fancier American houses have gotten since the 1970s
▼ + stars: | 2023-11-07 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

Data on the characteristics of newly constructed homes for 2022, released in June by the Census Bureau, revealed homes continued to get bigger after shrinking from 2015 to 2020. A higher share of four-bedroom houses were built, most constructed with air conditioning, and more houses are doing away with fireplaces. In 2022, nearly half of all homes constructed had four bedrooms, compared to two-bedroom homes at 9%. Houses have remained relatively the same height, with a slightly higher percentage of one-story homes and slightly fewer percentage of two-story homes compared to 10 years ago. The median are now comes in at around 2,300 square feet for houses built in 2022.

Persons: Goldman Sachs, —, Glenn Kelman, Realtor.com, it's, Brick Organizations: Service, Census, Myrtle Locations: Conway, Myrtle Beach, South Carolina, Las Vegas, Henderson, Paradise, Stockton , CA

“We like emptiness, so there isn’t a lot of decoration,” Sauzay says. (This, after all, was where the first electric streetlights were installed.) There are also no carpets in the apartment, the better to reveal shadows drifting across the bare floors. “I don’t love rugs,” de Tonnac says. “Let’s just say I prefer the wood.”Photo assistant: Camille Padilla

Persons: “, ” Sauzay, Auguste Perret, Sauzay, Paolo Buffa, Jules, “ It’s, ”, de Tonnac, “ Let’s, Camille Padilla Locations: France

REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsLONDON, Nov 7 (Reuters) - Europe's record gas inventories continue to climb even higher as a warm start to autumn delays the onset of heating demand while high prices discourage industrial use and encourage continued imports. But prices for gas delivered at the height of winter in January 2024 have started to slide as the record levels of inventory weigh on the market. Chartbook: Europe gas inventories and pricesInventories across the European Union and United Kingdom hit a record 1,146 terawatt-hours (TWh) on Nov. 5, according to Gas Infrastructure Europe. At the same time, futures prices and calendar spreads have remained strong, despite record stocks, discouraging resumption of industrial use and encouraging continued imports of liquefied natural gas (LNG). Related columns:- Europe’s gas stocks at record high going into winter 2023/24 (October 6, 2023)- Europe’s gas storage must peak early this autumn (September 8, 2023)John Kemp is a Reuters market analyst.

Persons: Kacper, Stocks, John Kemp, David Evans Organizations: REUTERS, European Union, United, Gas Infrastructure, Thomson, Reuters Locations: Strachocina, Poland, Chartbook, Europe, United Kingdom, Gas Infrastructure Europe, Frankfurt, Germany, Ukraine

“When you think about a wind turbine, and even fields of wind turbines, they’ll stretch for miles,” said Staff Sgt. Chase Rose, a UH-1 Huey flight engineer at Malmstrom Air Force Base in Montana. The legislation has the support of wind energy advocates, but they caution against a one-size-fits-all approach. The Air Force continues to “support renewable energy efforts to include wind turbines, and we continue to work with energy industry partners to ensure the country’s green energy needs are met,” said Air Force Maj. Victoria Hight, a spokeswoman for F.E. Warren Air Force Base in Wyoming.

Persons: ”, Chase Rose, Jason Ryan, ” Jo Dee Black, ” Black, John Lutton, Victoria Hight Organizations: WASHINGTON, UH, Malmstrom Air Force Base, Air Force, American Clean Power Association, Department of Defense, Energy, Air Force Base, U.S . Air Force, of, ” Air Force, Colorado Rockies, F.E, Warren Air Force Base Locations: Montana, U.S, Nebraska , Colorado , North Dakota , Montana and Wyoming, Wyoming

☆ WeWork has a massive footprint in London. Its bankruptcy could shake up the city's office market
▼ + stars: | 2023-11-07 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

TikTok's London office is based out of a WeWork building in Holborn called Aviation House. WeWorkWeWork , the U.S. office rental startup, filed for Chapter 11 bankruptcy, threatening office closures across the U.S. where it has become a major destination for tech firms. The company's restructuring may also have implications for its London operations, where it is one of the biggest tenants. According to CoStar, the commercial real estate data company, the company has 36 offices in London, spanning more than 2.89 million square feet. "We've actually got an agreement with them for another seven months," Tailor, who is based in London, told CNBC.

Persons: WeWork WeWork, WeWork, Deepak Tailor, We've Organizations: Aviation, WeWork, CNBC, Lease Locations: London, Holborn, U.S, Canada, Waterloo, WeWork

As a child of the South, actor Cailee Spaeny grew up steeped in Graceland mythology, memorabilia and Elvis Presley tunes. Priscilla Presley was of course part of that. But Spaeny would find there was much more than she’d ever known when she got the opportunity to play her in Sofia Coppola ’s new film, “Priscilla,” now in theaters nationwide. “I had no idea about her side of the story and what her experience was growing up in Graceland,” Spaeny said in a recent interview. "You know, for me personally, it was like, ‘Do you want to be Elvis Presley for 30 days and wear Valentino clothes that are tailored to your body?’ Yes.

Persons: Cailee Spaeny, Elvis Presley, Elvis, Priscilla Presley, Sofia Coppola ’, “ Priscilla, ”, “, ” Spaeny, King, Spaeny, Presley, Jacob Elordi, ” Elordi, You’re, Elordi, Valentino, ” Coppola, Priscilla, Coppola, She’d, “ I’ve, I’ve Organizations: Venice Film Locations: Memphis , Tennessee, Graceland, Wiesbaden, Germany

☆ Ray Dalio once interrogated his pregnant protégé in front of his top execs until she cried
▼ + stars: | 2023-11-06 | by ( Rob Copeland | ) www.businessinsider.com time to read: +11 min

She was one of Ray Dalio's favorites. Dalio announced to the room that he would first "probe" and then deliver what he called a "diagnosis." The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend by Rob Copeland. Excerpted from THE FUND: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend by Rob Copeland. He then became an investigative reporter at a prominent newspaper and made a career of writing distorted stories about Bridgewater and Ray Dalio, at first in articles and now in this book.

Persons: Ray Dalio's, Katina Stefanova, mentee, Dalio, Stefanova, wasn't, lackeys, Bridgewater, hadn't, Who, Dalio's leveragers, Ray Dalio, Rob Copeland, Ray, Dustin Hoffman's Oscar Organizations: Bridgewater Associates, Bridgewater, Transparency, Martin's, Martin's Publishing, New York Times, Wall Street Journal Locations: Bridgewater, Bridgewater's Westport, Conn, St

☆ Klarna, Europe's $6.7 billion buy now, pay later firm, sets wheels in motion for eventual IPO
▼ + stars: | 2023-11-06 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Buy now, pay later firm Klarna has established a holding company in the U.K. that will sit at the top of its corporate structure, in a symbolic move that paves the path for an eventual listing. A Klarna spokesperson confirmed to CNBC that the Stockholm-based business, which lets shoppers defer payments over a period of instalments, has begun a legal entity restructuring to set up the holding company. "Klarna Holding will continue to be the regulated financial holding company under the direct supervision of the SFSA and we will continue to hold a Swedish banking license." It differs from these competitors in its flexible payment plans, known as buy now, pay later. WATCH: Klarna's buy now pay later losses are 30% below industry standard, says CEO Sebastian Siemiatkowski

Persons: Klarna, hasn't, Sebastian Siemiatkowski Organizations: CNBC, Heartland, PayPal, Sequoia Locations: Stockholm, Sequoia, Swedish, Silver, Britain, Sweden

☆ Ray Dalio Interrogated His Pregnant Employee Until She Cried: Book
▼ + stars: | 2023-11-06 | by ( Rob Copeland | ) www.businessinsider.com time to read: +11 min

She was one of Ray Dalio's favorites. The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend by Rob Copeland. Excerpted from THE FUND: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend by Rob Copeland. A spokesperson for Ray Dalio told Insider, "This book is just another one of those classic tabloid books, authored by someone who applied for a job at Bridgewater and was rejected more than a decade ago. He then became an investigative reporter at a prominent newspaper and made a career of writing distorted stories about Bridgewater and Ray Dalio, at first in articles and now in this book.

☆ Opinion: Israel-Hamas war’s endgame
▼ + stars: | 2023-11-05 | by ( Richard Galant | ) edition.cnn.com time to read: +20 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Last week, as Israel continued its military response to the October 7 Hamas terror attack, its political goals — and potential endgame — remained a source of huge controversy. Join us on Twitter and Facebook“Take, for example, the Israel Defense Forces strike on Gaza’s Jabalya refugee camp on Tuesday. “Following the horrific massacre in Israel by Hamas terrorists on October 7, I felt an intense, relentless grief. Though Perry wanted to escape Chandler, he kept him around, because heaven forbid anyone saw what he was hiding.”

Persons: Gideon Rose, ”, ” Rose, —, Joe Biden, Robert A . Pape, “, ” DJ Rosenthal, Obama, ’ inhumanity, Jordan, Antony Blinken, ” Shai Davidai, Nadia AbuShaban, Hashem, David Shulkin, Peter Bergen, Hillary Clinton, Donald Trump, Karl Rove, “ Mike Pence, Geoff Duncan, Nikki Haley, Duncan, Ron DeSantis, ” Haley, DeSantis, Lisa Benson, GoComics.com, Michael Ramirez, Trump, Norman Eisen, Joshua Kolb, Donald Trump’s, ” Eisen, Kolb, Leah Abucayan, CNN Maggie Jackson, ” She’s, Gabriel Levin, Frida Ghitis, ‘ Allahu akbar, ’, Ghitis, Wen, Julian Zelizer, Johnson’s, Mike Johnson’s, Biden, ” Paul Krugman, Johnson, Mike Johnson, ’ ”, John Avlon, “ Merriam, It’s, Benjamin Franklin, ’ ” Drew Sheneman, Nicole Hemmer, SBF Clay Jones, Sam Bankman, Howard Fischer, ” Fischer, Sophie Compton, Reuben Hamlyn, “ Chillingly, Taylor, Compton, Hamlyn, Walt Handelsman, Laura Tillman, ” Don’t, Jill Filipovic, Celia Wexler, Pope Francis, Elena Sheppard, ‘, Matthew Perry, Chandler Bing Reisig, Dean Obeidallah, Perry, Chandler Bing, Chandler, ” “ Chandler, I’m Chandler, ‘ I’m, ” Perry, ” Holly Thomas, “ Perry, Roger Organizations: CNN, University of Chicago, ”, Hamas, US National Security Council, Twitter, Facebook, Israel Defense Forces, Israel, Columbia Business School, “, New York Times, Street Journal, GOP, Republican, Trump, UN, Florida Gov, Wednesday’s GOP, Supreme, White, Cornell University, The Cornell Daily Sun, Cornell, Progressives, Internal Revenue Service, Congressional, Office, Electoral College, America, Agency, FBI, NBCU, Bank, Getty Locations: States, Iraq, Israel, Southern Lebanon, Lebanon, Palestinian, “ Israel, Bolivia, Chile, Colombia, Tel Aviv, Gaza, ”, Florida, Wednesday’s, Rhode, Rhode Island, Dagestan, Russian, Lewiston , Maine

☆ Analysis: WeWork's troubles darken outlook for embattled office market
▼ + stars: | 2023-11-03 | by ( Sinead Cruise | ) www.reuters.com time to read: +6 min

Backed by Japan's SoftBank, WeWork aimed to revolutionise the office market by taking long leases on large properties and renting the space to multiple smaller businesses on more flexible, shorter arrangements. Some leveraged property investors could struggle to earn enough rental income to service rising debt costs, they said. The number and volume of real estate loans due for refinancing in 2024 is unclear because many deals are struck privately between borrower and lender, Ed Daubeney, co-head, debt and structured finance, EMEA, at real estate services firm Jones Lang LaSalle, told Reuters. U.S. industrial and office real estate investment trusts (REITs) were seen 35.8% more likely to default, versus expectations a year ago. "We're at a massive turning point in the real estate investment market globally," Jose Pellicer, head of real estate strategy at M&G Real Estate, said.

Persons: Kate Munsch, Japan's SoftBank, WeWork, Jeffrey Havsy, Ed Daubeney, Jones Lang LaSalle, Savills, refinancings, What's, MSCI, Jefferies, Jose Pellicer, Sinead Cruise, Elisa Martinuzzi, Mark Potter Organizations: REUTERS, Media, Real Estate, Reuters, Analysts, Europe, Flex, BNP, G, Thomson Locations: San Francisco , California, U.S, York, New York, London, United States, Europe, Britain, Germany, California

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