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☆ Top Wall Street analysts pick 3 stocks for their attractive prospects
▼ + stars: | 2024-12-01 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

Top Wall Street analysts look to pick stocks of companies that are backed by strong financials, reliable business models and that boast attractive product offerings. With that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. ServiceNowThis week's first pick is artificial intelligence-enabled workflow automation software company ServiceNow (NOW). Following a virtual fireside chat with ServiceNow's CFO Gina Mastantuono, Mizuho analyst Gregg Moskowitz reiterated a buy rating on NOW stock. The analyst also raised the price target to $1,070 from $980 to account for the rise in comparative valuation multiples.

Persons: Rafael Enrique, Lightrocket, Donald Trump, Gina Mastantuono, Gregg Moskowitz, Moskowitz, TipRanks, TD Cowen, Derrick Wood, Wood, Twilio Organizations: Wall, Mizuho, ServiceNow's Locations: Snowflake's, Snowflake

☆ Protests in Georgia spread as PM defies US condemnation
▼ + stars: | 2024-12-01 | by ( ) edition.cnn.com time to read: +6 min

The country of 3.7 million people has seen months of rising tension between the ruling Georgian Dream party and opponents who accuse it of pursuing increasingly authoritarian, anti-Western and pro-Russian policies. Opposition TV channel Formula showed footage of people in Khashuri, a town of 20,000 in central Georgia, throwing eggs at the local Georgian Dream office and tearing down the party’s flag. Georgian Dream says it is acting to defend the country’s sovereignty against outside interference. Georgia’s foreign ministry said in a statement that foreign states were trying to “interfere in the functioning of the institutions of a sovereign state”, and that this was unacceptable. But domestic opponents and Western governments have become increasingly concerned that Georgian Dream is intent – despite its denials – on abandoning that course.

Persons: Interpress, Dmitry Medvedev, Irakli Kobakhidze, ”, Kobakhidze, Donald Trump, Irakli Gedenidze, Salome Zourabichvili –, Zourabichvili, –, Giorgi Arjevanidze, Kaja Kallas Organizations: TBILISI Reuters — Protesters, European Union, EU, Protesters, Georgia, West, NATO, Getty Locations: TBILISI, Georgia’s, Georgian, Tbilisi, Black, Poti, Khashuri, Georgia, United States, Russia, Russian, Moscow, Tbilisi , Georgia, Washington, Soviet Union, AFP, Ukraine

In his statement, Mr. Biden said, “I hope Americans will understand why a father and a president would come to this decision.”After Mr. Biden announced the pardon, Hunter Biden issued a statement of his own. “I said I’d abide by the jury decision,” Mr. Biden told reporters during the Group of 7 summit in June. Legal analysts had said it was possible that the president’s son could receive a year or less behind bars or even probation. Over the weekend, Mr. Trump said that he would nominate Charles Kushner to be the U.S. ambassador to France. Mr. Biden had been set to remain free on bond until his sentencing hearing, which was scheduled for mid-December.

Persons: Biden, Hunter, “, ”, ” Mr, —, Hunter —, they’ve, Donald J, Trump, Mr, Hunter Biden, Kash Patel, Clay Travis, “ It’s, Jenna Ellis, Trump’s, “ Joe Biden, Karine Jean, Pierre, ” Hunter Biden, dreading, Bill Clinton, Roger Clinton, Jared Kushner’s, Charles Kushner, Glenn Thrush, Devlin Barrett Organizations: White, NBC News, Justice Department, Department Locations: United States, Nantucket, U.S, France, Los Angeles, Delaware, Washington

☆ Biden fulfilling promise to visit Africa as US looks to counter China’s deepening influence in region
▼ + stars: | 2024-12-01 | by ( Arlette Saenz | Betsy Klein | ) edition.cnn.com time to read: +6 min

It will also be the first time a US president has visited Angola, with which Biden has sought to shore up relations in recent years. As he hosted African leaders in Washington for a 2022 summit, Biden vowed to visit the continent the following year but ultimately missed that deadline. He scheduled a trip to Angola for this October, which was postponed due to a pair of devastating hurricanes hitting the US. The initiative is at the center of the Biden administration’s efforts to boost investment in Africa to blunt China’s growing influence in the region, which has outpaced that of the US. In an interview with The New York Times ahead of Biden’s visit to Angola, Lourenço said he is “ready to work” with Trump in the White House.

Persons: Joe Biden, Donald Trump, Trump, Biden, Barack Obama, Xi Jinping, Biden “, ’, Biden’s, ”, João Manuel Gonçalves Lourenço, ” Biden, Antony Blinken, Andrew Caballero, Reynolds, Lourenço, “, ” Lourenço, Powers Organizations: CNN, Biden, Initiative, US Africa Command, “, Democratic, Angolan, Getty, UNESCO, Heritage, The New York Times, Trump Locations: Africa, Angola, Luanda, Saharan Africa, Kenya, Ethiopia, Washington, Lobito, United States, Europe, Beijing, Russia, China, US, Democratic Republic of Congo, America, Brazil, Peru, U.S

Most of Connecticut's congressional delegation said they were the subject of bomb threats Thursday at their homes as they were preparing to celebrate Thanksgiving, although no bombs ultimately were found. "On Thanksgiving, Senator Murphy’s home in Hartford was the target of a bomb threat, which appears to be part of a coordinated effort involving multiple members of Congress and public figures," a spokesperson said in a statement. Similarly, Himes said in a statement on X that he was notified Thursday morning about a bomb threat targeting his home, though police found "no evidence of a bomb." Capitol Police said in January that it investigated more than 8,000 incidents involving threats to members of Congress last year, including "concerning statements and direct threats." Several of President-elect Donald Trump's planned administration officials were targeted with bomb and "swatting" threats Tuesday and Wednesday.

Persons: Jim Himes, Jahana Hayes, Joe Courtney, John Larson, Rosa DeLauro, Sen, Chris Murphy, Murphy, Murphy’s, Larson, Hayes, Himes, Courtney, Audrey Courtney, DeLauro, Brianna Burch, ”, Wolcott, Edward Stephens, Stephens, Donald Trump's Organizations: Democratic, NBC News, CBS, Connecticut Congressional, New, U.S . Capitol Police, FBI, Connecticut State Police, ” The Vernon Police Department, Wolcott Police, Capitol Police Locations: Hartford, Connecticut, New Haven

The FBI is investigating several bomb threats targeted at several Connecticut Congress members and a pint-size pup wins the National Dog Show. Getty ImagesFive of Connecticut’s lawmakers say they were targeted with bomb threats on Thanksgiving day, though no bombs were ultimately found. Pug love at the National Dog ShowPug at The National Dog Show. National Dog Show contestants are judged based on overall appearance, temperament and structure according to their breeds’ official standards. Staff Pick: Why the 1978 Village People song “YMCA” is topping the chartsThen-President Donald Trump dances to the song "YMCA" following a campaign rally at Erie International Airport in Erie, Pa, on Oct. 20, 2020.

Persons: what’s, Ali Jadallah, Gideon Sa’ar, “, Sa’ar, Khan Younis, Mohammed Nasser, Jim Himes, John Larson, Jahana Hayes, Joe Courtney, Rosa DeLauro, Sen, Chris Murphy, Donald Trump’s, Kevin G, Bill McCay, pug, Vito, ”, Taylor Swift, Donald Trump, Gene J, — — Joe Murphy, Kaylah Jackson Organizations: FBI, Connecticut Congress, Getty, NBC News, Connecticut, Democratic, President, Chatham University Researchers, NBC, Amazon, Walmart, Costco, The College, ”, Erie International, YMCA ” Locations: Gaza, Lebanon, Connecticut, Israel, Gaza City, Anadolu, Czech Republic, Lebanese, Khan, Kenya, Fora, Erie, Pa

Transportation Secretary Pete Buttigieg leads the way with over 770,000 TikTok followers, while Interior Secretary Deb Haaland has a verified TikTok account with just over 1,100 followers. Of the 353 who supported the bill to force a sale, 13 have verified TikTok accounts, all of whom are Democrats. Luna’s communications director said that her TikTok account was for personal use and is not an official campaign account. Unlike in the House, where elected officials with verified TikTok accounts voted in both directions across party lines, 10 Senate Democrats with verified TikTok accounts voted to force a sale of the platform, while one independent and one Senate Republican with verified TikTok accounts voted against the bill to do so. Senators with verified TikTok accounts have an average of 318,000 TikTok followers, while representatives with verified TikTok accounts have an average of 178,000 TikTok followers.

Persons: that’s, Joe Biden’s, Donald Trump, Hunt, ” Hunt, it’s, “ It’s, they’re, Biden, Trump, Kamala Harris, Harris, TikTok, Trump’s, soundbites, influencers —, ’, Brendan Carr, can’t, Doug Emhoff, Pete Buttigieg, Deb Haaland, Haaland, Rashida Tlaib, Jasmine Crockett, hasn’t, Crockett, ” Crockett, “, Jeff Jackson, Jackson, Jackson’s, Anna Paulina Luna, Luna, Nancy Mace, Mace, “ She’s, Sen, Cory Booker of, Jon Ossoff of, Ossoff, Booker, Harris ’, Charli XCX’s, Bernie Sanders of, Sanders, Bernie Sanders, we’re, “ We’ve, ” Organizations: NBC News, Democratic, U.S . Senate, Trump, Federal Communications Commission, Biden, Transportation, X, ”, North Carolina Senate, Republican, TikTok, Senate, Democrats, New York Times, Congress Locations: California, U.S, American, States, TikTok, D, Texas, North Carolina, Florida, South Carolina, Cory Booker of New Jersey, Jon Ossoff of Georgia, Bernie Sanders of Vermont

☆ ‘Wildly disruptive’: What happened last time Trump moved a federal agency out of DC
▼ + stars: | 2024-11-29 | by ( Curt Devine | ) edition.cnn.com time to read: +13 min

That western relocation was “wildly disruptive” and should serve as a “cautionary tale” for the incoming Trump administration, said Tracy Stone-Manning, the Biden administration’s BLM director. Project 2025, a conservative blueprint written by dozens of former Trump administration officials, recommended returning the BLM headquarters to the West. Most BLM staffers already worked in states outside of DC, but a disproportionate level of senior staffers worked in the nation’s capital. But an inspector general report later found that Trump administration officials had misled Congress in statements about the relocation. Future efforts to move federal offices out of DC could lead more federal workers to unionize.

Persons: Donald Trump, he’d, ” Trump, Trump, —, Tracy Stone, Manning, “, ” Stone, ”, AAron Ontiveroz, Mary Jo Rugwell, Joe Tague, Vance, Karoline Leavitt, Caroline Brehman, Donald Kettl, “ It’s, David Bernhardt, Raúl, Trump’s, Mick Mulvaney, Manuel Heart, Rebecca Slezak, William Perry Pendley, Biden, Eric Kriley, ” Pendley, Pendley, RJ, Stone Organizations: CNN, Land Management, BLM, Trump, Biden, Office, Denver Post, Public Lands Foundation, Energy, Natural Resources Committee, University of Maryland’s School of Public, feds, Interior Department, Democrat, Republican, Washington Examiner, Ute, Democratic, GAO, Agency, Mesa, RJ Sangosti, Management Locations: Washington, Grand, , Colorado, DC, Colorado, —, Mesa County , Colorado, Washington ,, Arizona, Ute, Towaoc , Colorado, California, Utah, Junction, Grand Junction , Colorado, BLM’s

☆ US urges Ukraine to draft 18-year-olds to solve manpower shortages on the battlefield
▼ + stars: | 2024-11-28 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +3 min

AdvertisementUS wants Ukraine to lower the conscription age to 18 amid a manpower shortage. The White House said aid to Ukraine will not be tied to the conscription age. The current minimum conscription age is 25, but an anonymous US administration official told reporters on Wednesday that reducing it would help Ukraine keep up with Russia's military. The White House clarified that US aid to Ukraine will not be dependent on whether the conscription age is lowered. In the months he has left, Biden has been scrambling to push measures to aid the war effort in Ukraine.

Persons: Volodymyr Zelenskyy, Dmytro Lytvyn, Zelenskyy, Pokrovsk, Michael Kofman, John Kirby, we're, Kirby, Biden, Antony Blinken Organizations: US, Russia, Financial Times, CNN, Manpower, Ukraine, Security, AFP Locations: Ukraine

Three American citizens who had been detained in China were released, a State Department spokesperson said Wednesday. Li, 70, who is from Long Island, New York, was detained in 2016 and sentenced to 10 years in 2018 on espionage charges his family says are baseless. The announcement on Wednesday follows the surprise release in September of American pastor David Lin, whom like Li and Swidan the U.S. had classified as wrongfully detained. He had been jailed in China since 2006 after being sentenced to life in prison on charges of contract fraud. Other families who appeared at the hearing are still waiting for the return of loved ones detained in China, including Nelson Wells Jr. and Dawn Hunt.

Persons: Mark Swidan, Kai Li, John Leung, Li, Leung, Chuck Schumer, Li’s, Harrison Li, “, ”, David Lin, Biden, Joe Biden, Xi Jinping, Swidan’s, Katherine Swidan, ” Li, Nelson Wells Jr, Dawn Hunt Organizations: State Department, United, Politico, ., Hua Foundation, Chinese Foreign Ministry, Economic Cooperation, Congressional, Commission Locations: China, Long Island , New York, Texas, United Nations, American, Hong Kong, Beijing, United States, U.S, Huntington , New York, New York, Asia, Peru, Russia

The most hectic travel days of the year are approaching, with the TSA expecting what may be the busiest Thanksgiving travel period on record. Those flying with food to bring to their Thanksgiving feast should know in advance which holiday favorites are permitted on flights. Frozen goods are permitted on flights, as are ice packs, but they must be frozen solid while going through security checkpoints. TSA also urges travelers to properly store their food to prevent foodborne illness. Here’s a list of Thanksgiving dishes that can fly with travelers as carry-ons and dishes that should be safely stored in checked luggage.

Persons: you’re Organizations: TSA, Transportation, Facebook Locations: Turkey, Brussels

☆ Pentagon unlikely to use all of the billions Congress authorized it to spend on Ukraine weapons before Biden leaves office, officials say
▼ + stars: | 2024-11-27 | by ( Oren Liebermann | Natasha Bertrand | Katie Bo Lillis | ) edition.cnn.com time to read: +6 min

CNN —The Pentagon is unlikely to use all of the billions of dollars authorized by Congress to arm Ukraine before President Joe Biden leaves office, according to two US officials and three defense officials. For months, the US has run into the limits of its ability to replenish its own weapons inventories, which limited what the Biden administration has been able to send Ukraine. In September, Biden committed billions of dollars in military aid to Ukraine as President Volodymyr Zelensky visited the White House. The US announced a $1 billion military aid package for Ukraine that same day. But the value of aid packages quickly dipped, as the stockpiles of weapons and equipment the Pentagon was able to send Kyiv dwindled.

Persons: Joe Biden, Biden, Sabrina Singh, “, Donald Trump, Trump, Mike Waltz, ”, Jake Sullivan, “ We’re, Volodymyr Zelensky, what’s, Mike Johnson, “ It’s, ” Biden Organizations: CNN, Congress, Defense Department, Pentagon, Street Journal, ” State Department, Kyiv, Biden, DoD, White, Administration, US, Ukraine Locations: Ukraine, Russia, America

☆ US to sanction Maduro-aligned officials, to put pressure on Venezuela’s president to accept election results
▼ + stars: | 2024-11-27 | by ( Samantha Waldenberg | Stefano Pozzebon | ) edition.cnn.com time to read: +3 min

CNN —The United States announced new individual sanctions Wednesday on more than 20 officials aligned with Venezuela’s authoritarian President Nicolas Maduro, to put pressure on Maduro to accept the results of Venezuela’s July presidential election, senior administration officials said in a briefing with reporters. Thursday marks exactly four months from the July election, and senior officials believe the new sanctions will put pressure on Venezuelan officials to break ranks from the Maduro government and facilitate a democratic transition in that country. The new round of sanctions target military officials in the Bolivarian National Guard, Bolivarian National Police and other branches of the security apparatus, the US officials said. Among the officials sanctioned Wednesday are Maduro’s newly-installed chief of staff, Anibal Coronado, Communication Minister Freddy Ñañez, and the director of intelligence services Alexis Rodriguez. Asked if there has been any communication with President-elect Donald Trump’s national security team about Venezuela, one of the officials sidestepped.

Persons: Nicolas Maduro, Anibal Coronado, Freddy Ñañez, Alexis Rodriguez, Edmundo Gonzalez, Antony Blinken, Donald Trump’s, “, Biden, Maduro, CNN’s Jennifer Hansler Organizations: CNN, United States, Bolivarian National Guard, Bolivarian National Police, Communication, Venezuelan, US Department of, Foreign, Control, Department of Justice Locations: Chevron, Venezuela, United States, Venezuelan, Rio de Janeiro, ”

☆ Trump’s national security adviser pick is weighing proposals to end the Russia-Ukraine war
▼ + stars: | 2024-11-27 | by ( Natasha Bertrand | Zachary Cohen | ) edition.cnn.com time to read: +7 min

Trump administration officials are also expected to push for European allies and NATO to take on more of the cost-sharing burden for supporting Ukraine. He also vowed to end the war, sometimes even claiming he would stop the years-long conflict before taking office. Keith has led a distinguished Military and Business career, including serving in highly sensitive National Security roles in my first Administration. Ukraine was among a range of issues Waltz discussed with Biden’s national security adviser Jake Sullivan during a meeting last week. Shannon Stapleton/ReutersZelensky, who met with Trump in New York in September, told reporters in Budapest that “I believe that President Trump really wants a quick decision” to end the war.

Persons: Donald Trump’s, Mike Waltz, Keith Kellogg, Trump, ” Waltz, Fox, Riccardo Savi, Kamala Harris, Kellogg, “, Keith, ” Trump, Germany Ric Grenell, Grenell, ”, Biden, Jake Sullivan, ‘, Volodymyr Zelensky, ” Zelensky, Donald Trump, Shannon Stapleton, Reuters Zelensky, Sebastian Gorka, Vladimir Putin, ” Gorka, Zelensky Organizations: CNN, Trump, NATO, ”, Sheraton New York Times, Getty, Russia, Military, Business, Bloomberg, Republican, Ukraine's, Reuters, Ukraine, ” Trump, Times Radio, Patriot Locations: Russia, Ukraine, New York City, Moscow, Germany, Crimea, Budapest, U.S, New York, Russian

☆ A Biden-brokered cease-fire has begun in Lebanon. Trump's team is claiming credit.
▼ + stars: | 2024-11-27 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +3 min

"Everyone is coming to the table because of President Trump," said Florida Rep. Mike Waltz. Donald Trump's team has claimed credit for the cease-fire deal between Israel and Hezbollah, which took effect in Lebanon on Wednesday morning. Mike Waltz, the President-elect's national security advisor, posted on X that "everyone is coming to the table because of President Trump." AdvertisementAccording to the Associated Press, a senior Biden administration official said that Trump's team was kept informed about negotiations as they unfolded. The official added that the incoming Trump team was not directly involved in the talks.

Persons: President Trump, Mike Waltz, Trump, Donald Trump's, Joe Biden, Richard Goldberg, Goldberg, Benjamin Netanyahu, Biden, Vance, Marco Rubio, Pete Hegseth, Tulsi Gabbard, John Ratcliffe Organizations: Israel, Florida, Lebanese, Associated Press, Biden, Trump, Washington, Foundation, Defense of Democracies, AP, The Times, World Bank Group, Business, White Locations: Gaza, Israel, Lebanon, Iran

☆ Biden's last-minute missile moves for Ukraine are coming far too late, weakening their effect on the Russians
▼ + stars: | 2024-11-27 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

It's been a truism that Ukraine has needed the capability to strike the Russian rear for many years at this point." Related storiesA pattern of late aidThe US and other allies have been repeatedly criticized for slowness and hesitancy in giving Ukraine aid and permissions. One American fighting in Ukraine told BI, "It feels like everything that we've been getting has been either too late or it's just enough to barely hold on." AdvertisementA US Army Tactical Missile System (ATACMS) firing a missile into the East Sea during a South Korea-US joint missile drill. Savill said of Biden's missile decision that "the impact may be more political, albeit with a narrowing window of opportunity."

Persons: Joe Biden, Donald Trump, George Barros, It's, Lockheed Martin, Matthew Savill, Michael Bohnert, ISW, we've, Volodymyr Zelenskyy, There's, Barros, Putin, Bohnert, counterattacking, Savill, Ukraine Biden, Trump Organizations: MGM, Tactical Missile Systems, Lockheed, Storm, UK Ministry of Defence, Royal United Services Institute, Russian Defense Ministry Press Service, AP, Biden, Politico, Reuters, RAND Corporation, NATO, Army Tactical Missile, Korean Defense Ministry, Getty, Ukraine, Trump Locations: Ukraine, Russia, Russian, Kursk —, Ukrainian, Kursk, Russia's Kursk, South Korea

☆ Trump’s evasion of January 6 accountability will echo for next four years and generations to come
▼ + stars: | 2024-11-26 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

The federal elections case led to a Supreme Court ruling granting a president limited immunity for official acts. This is likely to reinforce Trump’s belief that he will have almost unchecked authority and will therefore reverberate through the next four years and generations to come. And by voting the way they did, Americans effectively exonerated him in the federal cases — on charges that could have landed him in jail. Drew Angerer/Getty ImagesWhat the thwarting of accountability meansThere will be short- and long-term consequences from Trump escaping accountability. But he also portrayed Trump’s evasion of a trial as a dark day for America.

Persons: Jack Smith, Donald J, Trump, Trump’s, –, “, Smith, ”, Donald Trump, Drew Angerer, ” James, Julia Chatterley, “ It’s, Tanya Chutkan, Merrick Garland, Garland, —, I’m, Steven Hirsch, ” Trump, ” Smith, Joe Biden, Dan Goldman, CNN’s Boris Sanchez Organizations: CNN, Trump, Capitol, Department, US, Hofstra University, CNN International, Democrat, Justice Department, Democrats, Democratic House, stoke, Republican Party, Republican, Manhattan Criminal, FBI, MAKE, New York Democrat, America, United Locations: United States, America, Washington ,, Washington, New York, Georgia, New York City, Florida

☆ Omead Afshar, a longtime Elon Musk loyalist, takes the wheel at Tesla
▼ + stars: | 2024-11-26 | by ( Grace Kay | Katherine Long | ) www.businessinsider.com time to read: +10 min

As Musk increasingly turns his attention to politics, Afshar is set to help shepherd Tesla through this volatility. AdvertisementOver the seven years he has spent working for Musk, Afshar has emerged as one of the billionaire's most loyal lieutenants, driven and singularly focused on his goals. Years before Tesla, Afshar studied biomedical engineering at the University of California, Irvine, and worked as a ski instructor. At Tesla and other Musk companies, he said, "the mission is good, and what we're trying to do is right." AdvertisementThe four current and former colleagues said Afshar became lower profile at Tesla in 2022 but continued to work closely with Musk.

Persons: Omead Afshar, Afshar, Elon Musk, Musk, Tesla, Donald Trump, Aly Song, Seth Sharp, Drew Baglino, Rebecca Tinucci, Tom Zhu, Zhu, Elon, Sharp, Omead, Behrad Vahidi, Tesla's, Suzanne Cordeiro, Jared Birchall, Walter Isaacson Organizations: North, Reuters, Tesla, University of California, Bloomberg, Street Journal, of Justice, Securities and Exchange Commission, SEC, DOJ, SpaceX, Financial Times, Twitter Locations: Austin, Germany, North America, Europe, China, Elon, Irvine, Westlake, Los Angeles, San Francisco, Texas, Austin , Texas, Shanghai

☆ Why green investments have become the last line of defense for Biden’s climate agenda
▼ + stars: | 2024-11-26 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +20 min

CNN —Can the green shoots of clean energy break through the “brown blockade”? Those huge current and planned investments in new manufacturing plants may represent the sole opportunity to preserve any elements of Biden’s blueprint for growing the domestic clean energy industry. Republican districts are slated to receive an equally large share of another $435 billion in clean energy projects that have been announced but not yet built, the analysis found. The US reliance on the fossil fuels driving climate change has been declining for years, but only at a modest pace. Yet interrupting that transition by repealing the federal policies benefiting clean energy remains a dangerous gamble.

Persons: Donald Trump, Trump, Joe Biden’s, Biden –, ”, Lori Lodes, ‘, I’ve, Trump’s, Tammy Baldwin, John Fetterman, Kamala Harris, Chris Wright, ’, Lee Zeldin, Elizabeth Conley, “, Jason Walsh, ” Lodes, Robert McNally, George W, Bush, McNally, Walsh, ” Walsh, Joseph Shapiro, Shapiro, EVs, Ben King, King, ” King, ” Shapiro Organizations: CNN, GOP, Republican, Climate Power, Trump, federal Energy Information Administration, Senate, Electoral College, Energy Information Administration, Democratic, Biden, ExxonMobil, Environmental Protection Agency, “, Massachusetts Institute of Technology, Rosendin, Houston Chronicle, Power, BlueGreen Alliance, Republicans, Hyundai, Bloomberg, Getty, University of California Locations: America, United States, Wyoming , Louisiana, North Dakota, West Virginia, Alaska , Montana , Oklahoma, Texas, Iowa, Nebraska, Kansas, Ohio, Indiana , Michigan, Wisconsin, Massachusetts, New York, Virginia, Maryland, Washington , Oregon, California, West Virginia , Montana and Ohio, Pennsylvania, New Mexico, Michigan, – Michigan, Washington, Liverpool , Texas, Georgia, Ellabell , Georgia, Berkeley

☆ Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's second term
▼ + stars: | 2024-11-26 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

The US Department of Commerce announced the grant, part of the CHIPS Act, on Tuesday. President-elect Donald Trump has criticized the CHIPS Act in favor of tariffs. Intel is receiving about $7.9 billion in federal grants, the US Department of Commerce said Tuesday, as the Biden administration finalizes CHIPS Act agreements ahead of Donald Trump taking office. President-elect Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor manufacturing on US soil. The CHIPS Act cash will help Intel boost its semiconductor production in the US.

Persons: Biden, Donald Trump, Joe Biden's, Trump, Gina Raimondo, Pat Gelsinger Organizations: Intel, US Department of Commerce, Department of Commerce, New York Times, Bloomberg, Street, Qualcomm Locations: Arizona , New Mexico , Ohio, Oregon

☆ Escaping Trump’s tariffs has required navigating a ‘broken’ system vulnerable to corruption, businesses and academics say
▼ + stars: | 2024-11-26 | by ( Matt Egan | ) edition.cnn.com time to read: +10 min

And it underscores frustrations with a tariff exclusion process launched during the first Trump administration that is often described as murky and messy. It’s not clear how or when those higher China tariffs will take effect – nor whether businesses will again have the opportunity to apply for exclusions. But what is clear is that the USTR’s tariff exclusion process during the first Trump administration raised significant concerns in Corporate America. The Trump transition did not provide details on what a tariff exclusion process will look like in the new administration. The researchers did not study tariff exclusions under the Biden administration.

Persons: Bobby Djavaheri, Djavaheri, ” Djavaheri, ”, Tom Madrecki, General Mills, Molson, Donald Trump, It’s, Trump, Brian Hughes, Vance, ” Hughes, USTR, “, ” Relatedly, Jesus Salas, ” Salas, Salas, –, “ It’s, Biden, Sam Michel, Michel, Veljko Fotak, hasn’t, ” Fotak, David French, ” Madrecki, “ We’re Organizations: New, New York CNN, Trump, United States Trade Representative, Consumer Brands Association, Molson Coors, Corporate America, Lawmakers, CNN, Commerce, Companies, Republican, Financial, Democratic, Lehigh University, SUNY Buffalo, Biden, National Retail Federation Locations: New York, China, Trump

A cease-fire deal to end the conflict between Israel and Lebanon’s Hezbollah militia was close but not complete Monday, three senior Biden administration officials told NBC News. Over the weekend, Israeli airstrikes killed at least 20 people in the Lebanese capital of Beirut while Hezbollah fired more than 200 rockets at Israel, leaving neighborhoods in flames, according to the Israeli military. Amir Levy / Getty ImagesThe latest clashes follow months of intensifying fighting between Israel and Iran-backed Hezbollah, with Hezbollah firing rockets and other projectiles into Israel after the surprise Oct. 7, 2023, Hamas attack that ignited the war in Gaza. The attacks have spanned as far as parts of Syria, where a recent Israeli airstrike killed a senior Hezbollah commander. Talks of a possible cease-fire come about a month after Israel attacked Iran on its soil, stoking fears that Iran would retaliate and dramatically escalate tensions in the region.

Persons: John Kirby, it’s, Amir Levy, Danny Danon, Miriam al, Ed Ram Organizations: Hezbollah, Biden, NBC News, House, Palestinian, Hamas, United Nations, Washington, Getty Locations: Israel, Beirut, Rinatya, Iran, Gaza, Lebanon, Beirut's Basta, Syria

☆ Diddy cites Trump in arguing he has the right to say almost anything while awaiting his sex-trafficking trial
▼ + stars: | 2024-11-25 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

On Monday, Combs' lawyers cited Donald Trump in saying defendants enjoy broad free-speech rights. Like Trump, Combs is a criminal defendant with the presumption of innocence, the rap mogul's lawyers wrote Monday. He has a right to a fair trial and a constitutional right to speak out on his own behalf," they wrote. AdvertisementProsecutors did not immediately file a response to Combs' filing. The judge told the parties on Friday that he would decide on Combs' latest bail application — his third — sometime this week.

Persons: Sean, Diddy, Combs, he's, Donald Trump, Trump, —, Arun Subramanian, Christy Slavick, Slavik, acquiesce, Alexandra A, Shapiro Organizations: DC, Appeals, Trump, Bureau of Prisons, contactmeasap.com, Prosecutors Locations: Trump's, Brooklyn, Manhattan

☆ How to invest $500,000 for the year ahead, according to 2 wealth managers
▼ + stars: | 2024-11-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

As investors position their portfolios for 2025, wealth managers are advocating for a diversified approach with selective bets on undervalued sectors. CNBC Pro spoke to Ollie Clark, deputy head of research at WH Ireland, and Mark Preskett, senior portfolio manager at Morningstar Wealth, about how investors with roughly $500,000 could look to allocate their portfolio. Clark expects the growth in artificial intelligence to lead to another year of bumper returns. Investors with portfolios already geared toward a traditional 60/40 stock-bond portfolio mix can expect some, if limited, relief in the future, according to Clark. The Morningstar Wealth portfolio manager said investors could gain exposure to such companies through the Franklin FTSE South Korea ETF .

Persons: Ollie Clark, Mark Preskett, Clark, Donald Trump, Morningstar, Preskett, WH Ireland's Clark Organizations: CNBC, WH Ireland, Morningstar Wealth, Clark, Federal Reserve, Trump, South, SK Hynix, Samsung, Franklin FTSE, Metals Mining, HG Locations: U.S, South Korea, Franklin FTSE South Korea

In one instance he requested as much as $100,000 per month in exchange for his services, according to sources familiar with the matter. As of Monday afternoon, it does not appear the transition team will heed that recommendation. “I am honored to work for President Trump and with his team,” Epshteyn said in a statement to CNN. Trump’s legal team was investigating several other similar alleged incidents, according to sources familiar with the situation. “Boris is a Trump original—loyal and effective from the very beginning,” a Trump transition official told CNN.

Persons: Donald Trump, Boris Epshteyn, Trump, Epshteyn, “, ” Epshteyn, ”, elect’s, Boris, ” Trump, Steven Cheung, Scott Bessent, Bessent, Jonathan Drake, Susie Wiles, you’re, ’, “ He’s, “ Boris, President Trump, Matt Gaetz, Donald Trump's, Nathan Howard, Matt Gaetz’s, Gaetz, Elon Musk, Brandon Bell Organizations: CNN, Trump, Trump Make, Mar, Reuters, White, Gaetz, Department of Justice, Florida Rep, SpaceX, Georgetown Advisory Locations: Lago, Palm Beach , Florida, Epshteyn, Asheville , North Carolina, Washington, Washington ,, Florida, Brownsville , Texas, Georgetown, New York, Georgia, Arizona

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