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☆ Spotify layoffs: Company to cut 17% of jobs
▼ + stars: | 2023-12-04 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

Spotify is not an exception to these realities,” Ek wrote in a letter to staff posted to the company’s website. And in June, Spotify cut 200 employees from its podcasting unit. Despite adding 6 million subscribers in the June-to-September period — 2 million more than the company had forecast — Spotify eked out a profit of just €32 million ($34.8 million) in that time. That was up from a loss of €228 million ($248 million) in the same period last year. The company has 226 million subscribers in total.

Persons: Daniel Ek, ” Ek, headcount, Daniel Ek Drew Angerer, Ek, “, ” Organizations: London CNN, Spotify, Microsoft

☆ Mike Johnson Becomes Surprise Champion of More Ukraine Aid
▼ + stars: | 2023-12-02 | by ( Lindsay Wise | ) www.wsj.com time to read: 1 min

Speaker Mike Johnson has repeatedly called Ukraine aid a critical priority for the House. Photo: Drew Angerer/Getty ImagesWASHINGTON—Less than one month before Mike Johnson ’s sudden ascent to the speakership, the Louisiana Republican, then a little-known member, joined with most GOP lawmakers to vote against $300 million in U.S. security assistance for Ukraine. Now, as speaker, Johnson has surprised many on Capitol Hill by publicly and repeatedly calling Ukraine aid a critical priority for the House.

Persons: Mike Johnson, Drew Angerer, Mike Johnson ’, Johnson Organizations: Getty, WASHINGTON, Louisiana Republican Locations: Ukraine, Louisiana

☆ The top 10 most popular podcasts of 2023, according to Apple
▼ + stars: | 2023-11-29 | by ( Haley Tenore | ) www.businessinsider.com time to read: +8 min

Apple has released a list of the 10 most popular podcasts of 2023. Apple shared a roundup on Tuesday of the most popular podcasts of 2023. But today, we will be focusing on the top 10 podcasts overall, according to Apple. Denise Truscello"Stuff You Should Know" will, according to Apple Podcasts, teach you everything you need to know about science, history, religion, crime, and more. It is the top health and fitness-related podcast on Apple Podcasts and Spotify, according to the podcast's website.

Persons: Apple, —, Josh Clark, Chuck Bryant, Denise Truscello, Clark, Byrant, Shankar Vedantam, Chance Yeh, Andrew Huberman, Mark Zuckerberg, Priscilla Chan, Drew Angerer, Alaina Urquhart, Ash Kelley, Urquhart, Kelley, Glass, Astrid Stawiarz, Ira Glass, Chicago that's, Jason Bateman, Will Arnett, Sean Hayes, Frazer Harrison, Manny Carabel, Amy Sussman, Getty, Ryan Reynolds, Jennifer Aniston, Will Ferrell, Adam Sandler, Gary Hershorn, It's, Michael Barbaro, Sabrina Tavernise, Ashley Flowers, Audiochuck, Brit Prawat Organizations: Apple, Service, SYSK, NPR, The Washington Post, National Public, Public Radio Exchange, Getty, NBC NBC Dateline, NBC, Nielsen Media Research, The New York Times Locations: Stanford, Boston

Cheney writes most members knew “it was a farce” and “another public display of fealty to Donald Trump.”“Among them was Republican Congressman Mark Green of Tennessee,” Cheney writes. “Leader McConnell, who had made a career out of savvy political calculation and behind-the-scenes maneuvering, got this one wrong,” Cheney writes. In the book, Cheney also condemns right-wing media for amplifying the disinformation coming from Trump and his allies. “Several months later, I heard the show had been in the final stages of production when it was shut down,” Cheney writes. Cheney writes that Pelosi’s team “pulled together a list of the 10 worst things I had ever said about her.

Persons: Washington CNN —, Liz Cheney, “ enablers, ”, Donald Trump, Cheney, ” Cheney, Kevin McCarthy, Trump, he’d, Mike Johnson, “, Liz Cheney's, Brown, hypocrites –, Steven Cheung, ‘, Jesus, McCarthy, ” McCarthy, “ McCarthy, Jim Jordan, ” Jordan, Jordan, Russell Dye, Johnson, “ Johnson, ’ ”, Mark Green of, Green, sheepishly, ’, ’ Cheney, craven, fundraise, Kevin, “ They’re, Jerry Maguire, Tom Cruise, Renée Zellweger, it’s, Mike Pence, Pence, Paul Ryan, Ryan, Cheney’s, Dick Cheney, Liz Cheneys, cautioning, ’ ” Cheney, Roberto Schmidt, Hakeem Jeffries, George W . Bush, “ Liz, Courage, I’m, Nancy Pelosi, Liz ’, ruefully, Trump –, Mike Kelly, “ She’s, Mike Turner, Liz, Drew Angerer, Ronald Reagan, Reagan, George W, Bush, McConnell, Mitch McConnell, ” McConnell, Fox, Tucker Carlson, Pelosi, “ Trump, Jan, CNN’s Kristen Holmes, Annie Grayer, Oliver Darcy Organizations: Washington CNN, Republican Party, CNN, Wyoming Republican, Trump, White, GOP, Republican, California Republican, Fox News, “, Capitol, ”, Orange Jesus, Mar, Save America PAC, AFP, Getty, Democratic, Republicans, House Republican Conference, Caucus, U.S . Capitol, Jan, Senate Republicans, Fox Corp, Fox, Democrat, Independent Locations: Wyoming, California, Mark Green of Tennessee, Mar, Trump, Washington , DC, Ohio, WASHINGTON, DC, Washington ,, Trump’s, Congress, America

☆ Wall Street Loves Washington’s New Debt Approach—for Now
▼ + stars: | 2023-11-16 | by ( Andrew Duehren | Sam Goldfarb | ) www.wsj.com time to read: 1 min

Janet Yellen says predictability is the foundation of the Treasury Department’s borrowing strategy. Photo: Drew Angerer/Getty ImagesSwelling deficits and weak investor appetite for long-term U.S. debt are pushing the Treasury Department to get more creative with how it borrows. The Treasury has long embraced the mantra of “regular and predictable” debt sales to avoid creating market volatility as it finances the U.S. deficit. Recently, though, high interest rates have driven investors to eschew longer-term Treasurys. The government has had to adapt, cutting back this month on expected increases in long-term bonds and favoring more short-term debt.

Persons: Janet Yellen, Drew Angerer Organizations: Treasury, Treasury Department

☆ Former George Santos Aide Pleads Guilty to Fraud
▼ + stars: | 2023-11-14 | by ( James Fanelli | Corinne Ramey | ) www.wsj.com time to read: 1 min

Rep. George Santos, a New York Republican, is scheduled to go to trial next year. Photo: Drew Angerer/Getty ImagesA former aide to U.S. Rep. George Santos pleaded guilty to wire fraud Tuesday for impersonating a high-ranking House staffer while fundraising, the second known associate of the New York Republican to admit to crimes related to the congressman’s campaign activities. Samuel Miele, who worked for Santos on two campaigns, entered the plea at a Long Island federal courthouse. Prosecutors said he also admitted that he charged credit cards without authorization for contributions to the campaigns of Santos and other candidates, as well as for his own personal use.

Persons: George Santos, Drew Angerer, Samuel Miele, Santos Organizations: New, New York Republican, U.S . Rep, Prosecutors Locations: New York

☆ Former Rep. George Santos campaign fundraiser Miele pleads guilty to impersonating McCarthy aide
▼ + stars: | 2023-11-14 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

WASHINGTON, DC - NOVEMBER 01: Rep. George Santos (R-NY) walks back to his office after debate on the House floor on a resolution to expel him from Congress, at the U.S. Capitol November 1, 2023 in Washington, DC. On Wednesday evening, Congress is scheduled vote on an expulsion resolution against Rep. Santos and censure resolutions against Rep. Rashida Tlaib (D-MI) and Rep. Marjorie Taylor Greene (R-GA). (Photo by Drew Angerer/Getty Images)A former campaign fundraiser for embattled Rep. George Santos of New York pleaded guilty Tuesday in Long Island federal court to wire fraud related to impersonating a top aide to ex-House Speaker Kevin MCarthy while soliciting donations for Santos. Santos, 35, himself is charged in the same court in a 23-count superseding indictment with fraud, money laundering, theft of public funds, and making false statements. Santos, who has pleaded not guilty has refused demands by fellow House Republicans from New York and others to resign.

Persons: George Santos, Santos, Rashida Tlaib, Marjorie Taylor Greene, Drew Angerer, Kevin MCarthy, Samuel Miele, Nancy Marks Organizations: U.S, Capitol, Rep, George Santos of New, Republican, Republicans Locations: WASHINGTON, DC, Washington , DC, George Santos of, Long Island, New York, Queens, Nassau County, Long

☆ House Speaker Mike Johnson Unveils Plan to Ward Off Government Shutdown
▼ + stars: | 2023-11-11 | by ( Katy Stech Ferek | Siobhan Hughes | ) www.wsj.com time to read: 1 min

The plan was presented a week before federal agencies risk shutting down when current funding runs out. Photo: Drew Angerer/Getty ImagesWASHINGTON—House Speaker Mike Johnson (R., La.) unveiled a two-step short-term spending proposal that would keep money flowing to federal agencies into early next year, in a bid to stave off a partial government shutdown later this week. Johnson presented the plan on Saturday, a week before federal agencies risk shutting down once current funding runs out. The measure wouldn’t impose spending cuts, and it also wouldn’t implement tougher anti-immigration rules at the U.S.-Mexico border, which some Republicans had said was critical to get their support.

Persons: Drew Angerer, Mike Johnson, Johnson Organizations: Getty, WASHINGTON — Locations: U.S, Mexico

☆ COVID-19 fraudsters bought fancy cars, a Pokemon card - even a private island
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: +9 min

Patrick Parker Walsh is serving five and half years in federal prison for stealing nearly $8 million in federal COVID-19 relief funds that he used, in part, to buy the island. Instead, he's serving five and half years in federal prison for stealing nearly $8 million in federal COVID-19 relief funds that he used, in part, to buy Sweetheart Island. They potentially plundered more than $280 billion in federal COVID-19 aid; another $123 billion was wasted or misspent. They've created special "strike forces " to hunt down COVID-19 aid thieves and vowed not to give up the chase. A few weeks after Oudomsine applied for the pandemic aid, the government rushed him $85,000 to keep his non-existent business afloat.

Persons: Richard Lardner, Patrick Parker Walsh, Julio Aguilar, he's, fraudsters, Donald Trump, Ivanka Trump, James Brady, Trump, Alex Wong, Bob Westbrooks, Westbrooks, They've, Lisa Monaco, General Merrick Garland, Garland, David Weiss, Hunter Biden, Joe Biden, Drew Angerer, Konstantinos Zarkadas, Cartier, Zarkadas, Lee E, Price III, Price, Vinath Oudomsine, Oudomsine, Mickey Mantle, Dudley H, Bowen, Patrick Walsh's, Walsh, Jamie Lovemark, Kevin Lamarque Organizations: Press, AP YANKEETOWN, Associated Press ., James, Getty, YouTube, U.S . Justice, Top Justice Department, U.S, U.S . Department of Justice, Rolex, Houston, Associated Press, National Transportation Safety Board, Bethany Locations: Yankeetown, Fla, Sweetheart, Coast, Florida's, Florida, Associated Press . WASHINGTON, DC, U.S, Washington ,, Las Vegas, Tennessee, Vermont, COVID, Washington , DC, New York, Houston, Georgia, America, Bethany Beach , Delaware

☆ Google Antitrust Trial Exposes Deepening Rift With Microsoft
▼ + stars: | 2023-11-09 | by ( Miles Kruppa | Tom Dotan | ) www.wsj.com time to read: 1 min

Microsoft CEO Satya Nadella accused Google of blocking AI competitors. Photo: Drew Angerer/Getty ImagesSatya Nadella wanted to make nice with longtime rival Google when he became chief executive of Microsoft almost a decade ago. Those days now feel like a distant memory. Google’s antitrust trial in Washington, D.C., has provided a stage for Microsoft to air long-simmering grievances about the search giant’s market dominance. It also has opened a window into the events that led to a straining of relations between the two companies, a dynamic that has grown increasingly tense during the boom in artificial intelligence.

Persons: Satya Nadella, Drew Angerer Organizations: Google, Microsoft, Washington , D.C Locations: Washington ,

☆ Moms and remote jobs are helping to prop up the economy
▼ + stars: | 2023-11-06 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

More remote work opportunities are credited for helping women with young children get jobs. AdvertisementAdvertisementAdditionally, the Wells Fargo economists also identified women with young children as a new strength for the job market. This surge in employment, particularly among mothers with young children, has played a significant role in boosting the economy. To be sure, this level of workforce participation could drop in the coming months as childcare opportunities become harder to find. Drew Angerer/Getty ImagesThe robust labor market has helped boost the economy despite inflation still above the Federal Reserve's 2.0% target.

Persons: —, Wells Fargo, Jobs, Janet Yellen, Drew Angerer, Daniel Greenhaus, Greenhaus, Paul McCulley, McCulley Organizations: Service, Wells, Brookings, US, U.S . Treasury, Federal, payrolls, Bloomberg, Georgetown's School of Business Locations: Wells, Wells Fargo, U.S

☆ George Santos Avoids Expulsion in House Vote
▼ + stars: | 2023-11-01 | by ( Katy Stech Ferek | ) www.wsj.com time to read: 1 min

Rep. George Santos has said that ejecting him from Congress now would set a dangerous precedent. Photo: Drew Angerer/Getty ImagesWASHINGTON—House lawmakers rejected an effort to expel Rep. George Santos (R., N.Y.), who made a series of bold fabrications in running for office and faces federal fraud charges related to his 2022 campaign. The vote was 179 in favor of expulsion to 213 against, well short of the two-thirds threshold needed to remove a lawmaker from office. Nineteen lawmakers voted present and nearly two dozen more were absent.

Persons: George Santos, Drew Angerer Organizations: Getty, WASHINGTON — Locations: N.Y

☆ Mike Johnson is the first Republican House speaker from the South since Newt Gingrich, putting the region back in the driver's seat of GOP politics
▼ + stars: | 2023-10-29 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

Rep. Mike Johnson's ascent to the House speakership last week took most in the GOP by surprise. He's now the first House speaker from the South since Newt Gingrich held the gavel in the 1990s. "This happened sort of suddenly," the Louisiana Republican said last Wednesday after succeeding Rep. Kevin McCarthy of California as speaker and as the new leader of the House GOP conference. Rep. Mike Johnson takes the oath of office to become the next House speaker on October 25, 2023. Challenges to Republican-drawn congressional districts across the South could give Democrats a significant opening to flip the House in 2024.

Persons: Mike Johnson's, He's, Newt Gingrich, —, couldn't, Kevin McCarthy of, Johnson, Bill Clinton, Sen, Mitch McConnell, Joe Biden, Mike Johnson, Alex Brandon Cue McConnell, Steve Scalise, Gingrich —, Drew Angerer, Gingrich, Donald Trump, Kim Chandler, McCarthy Organizations: GOP, Service, Louisiana Republican, Southern Republican, Republican, White House, House Republicans, AP, Democratic, Kentucky Locations: Washington, Louisiana, Kevin McCarthy of California, Georgia, Kentucky, Southern, Ukraine, New York, Chicago, Denver, Johnson's, Kim Chandler In Alabama, Black, Alabama's, Florida, Arkansas, South Carolina , Tennessee

☆ Republicans are desperate for attention — and it's decimating their ability to govern
▼ + stars: | 2023-10-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +15 min

In the end, the only man who could unify House Republicans behind him was a relatively little-known and mild-mannered evangelical Christian from Louisiana. AdvertisementAdvertisementAs the speaker saga wore on, it provoked questions among some House Republicans: How could it be that they had failed to elect a speaker for so long? While Gaetz maintains otherwise, his angry GOP colleagues have plenty of evidence to make their case that it was an attention ploy. Rep. Matt Gaetz surrounded by reporters and cameras after the House voted to oust Kevin McCarthy from the speakership. The attention economy doesn't preclude an ability to govern — an effective politician might seek to harness their celebrity towards worthy ends.

Persons: Mike Johnson's, Matt Gaetz, Kevin McCarthy, Garrett Graves, Sen, Thom Tillis, Madison Cawthorn, Tillis, Drew Angerer, Greg Murphy of, Nancy Mace, McCarthy, Mace, I'm, Win McNamee, Josh Hawley, Ronald Reagan, Donald Trump's, Nicole Wallace, Obama, JD Vance, Ohio, Vance, Ted Cruz, Jose Luis Magana, denialism, Jim Jordan, Marjorie Taylor Greene, Brett Kavanaugh, Jen Psaki, Symone Sanders, it's, Rep, Alexandria Ocasio, Cortez, Kelly Armstrong, Adam Schiff, Chip Somodevilla, Bob Good, Virginia, Gaetz, —, Ken Buck, Colorado, Hawley deadpanned, Mike Lawler, I've, Cruz, Buck, Joe Biden, Liz Cheney Organizations: Republicans, GOP, North Carolina Republican, Getty, Twitter, South Carolina, Republican, Rep, Fox News, Republican Party, Conservative Political, Conference, AP, Cannon, South, Democratic, Supreme, Biden, MSNBC, Democrats, Capitol, New York Post, Colorado Locations: Louisiana, Florida, Greg Murphy of North Carolina, Missouri, Hollywood, California, South Carolina, Alexandria, Cortez of New York, Ukraine, New York, Ted Cruz of Texas

☆ Jack Smith says Trump is 'threatening' witness, asks judge in DC case to reimpose gag order
▼ + stars: | 2023-10-26 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Trump has "capitalized" on the temporary suspension of his partial gag order to "send an unmistakable and threatening message to a foreseeable witness in this case," Smith wrote in a filing Wednesday night in U.S. District Court in Washington. wrote Trump. "The defendant has not remotely been 'silenced,'" Smith wrote in Wednesday's filing. Smith urged the judge to lift the pause on her gag order, and to reject Trump's bid for a broader stay pending appeal. "Unless the Court lifts the administrative stay, the defendant will not stop his harmful and prejudicial attacks," Smith wrote.

Persons: Mark Meadows, Donald Trump, Sarah Silbiger, Jack Smith, Mark, Smith, Meadows, Smith's, Trump, Joe Biden, Trump's, Drew Angerer, Tanya Chutkan, Biden Organizations: White, Washington , D.C, Bloomberg, Getty, ABC News, Trump, Former White House, Staff Locations: Washington ,, Mark Meadows, Trump, U.S, Washington, maligning

☆ New SAT Data Highlights the Deep Inequality at the Heart of American Education
▼ + stars: | 2023-10-23 | by ( Claire Cain Miller | Francesca Paris | ) www.nytimes.com time to read: +13 min

When we account for how few poor students take the test, by looking at all students, a new and greater disparity emerges. It’s a reflection of an inequality in American education that starts long before high school. New SAT Data Highlights the Deep Inequality at the Heart of American EducationNew data shows, for the first time at this level of detail, how much students’ standardized test scores rise with their parents' incomes — and how disparities start years before students sit for tests. And in the last five decades, as the country has become more unequal by income, the gap in children’s academic achievement, as measured by test scores throughout schooling, has widened. Parenting in places with less income inequality and more public investment in families is more playful and relaxed, research shows.

Persons: ”, Sean Reardon, Reardon, “, —, John N, Friedman, Brown, Raj Chetty, David J . Deming, Deming, Ann Owens, Owens, Rich, Chetty, “ It’s, Nate G, Hilger, Drew Angerer, Robert Putnam, “ ‘, you’re, “ They’ve, they’ve, Jesse Rothstein Organizations: ACT, of American Education, Opportunity, Harvard, Stanford Graduate School of Education, Chetty, University of Southern, Research, The New York Times, University of California Locations: University of Southern California, Berkeley

☆ Exclusive: Tech billionaire Peter Thiel was an FBI informant
▼ + stars: | 2023-10-19 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +12 min

Another source close to Thiel told Insider that while they could not confirm that Thiel was a CHS, Thiel did speak to Buma occasionally. "[They] will be either an 'FBI source' or a 'former FBI source' and, in turn, his or her conduct or misconduct will reflect upon the FBI." Drew Angerer/Getty ImagesAs a CHS, Thiel was assigned a code name and an internal serial number to track his reporting. Thiel, Johnson said, was directed by the FBI not to report on his interactions with Donald Trump or other US political figures. Johnson told Insider that he brokered an introduction between Thiel and the FBI special agent who would become his handler.

Persons: Peter Thiel, Trump, Thiel, Johnathan Buma, Charles Johnson, Johnson, MAGA, Donald Trump, Drew Angerer, Scott Horton, Buma, Sen, J.D, Vance of, Blake Masters, —, Vance, Joe Biden's, Vance of Ohio, Anna Moneymaker, Masters, Mithril's, Matt Gaetz, Gaetz's, Ginger Gaetz, Bill Barr, Rudy Giuliani, Alex Wong, Jeffrey Epstein, Enrique Tarrio, Tarrio, Mattathias Schwartz Organizations: FBI, Buma, CHS, Trump, Trump Tower, Republican National Convention, Joe Biden's Department, Getty Masters, Mar, Masters, Pentagon, CIA, National Security Agency, US Army, NSO Group, Forbes, Mithril, Clearview's, Committee, Capitol, Founders Fund, Boys Locations: Los Angeles, Germany, United States, New Zealand, Malta, Silicon, Vance of Ohio, Arizona, Palantir, American, Russian, Atlantic City, schwartz79@protonmail.com

☆ Insider Today: Tech workers are bummed
▼ + stars: | 2023-10-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementIn today's big story, we're looking at why some tech workers don't love their jobs anymore. Many factors led to the shift, from significant layoffs in Big Tech to in-office mandates and financial pressure due to high interest rates. AdvertisementAdvertisement(Interestingly enough, Terrazas writes that workers in non-tech roles — like human resources and marketing — report the highest job satisfaction at Big Tech companies.) But it feels like tech workers themselves will end up having to do a bit of recalibration. Working in Big Tech has become a job like any other corporate gig.

Persons: Alyssa Powell, tech's, Aaron Terrazas, Terrazas, Insider's Hugh Langley, Grace Kay, Garry Gensler, Drew Angerer, Gary Gensler, Janet Yellen, it's, Satya Nadella, JASON REDMOND, ADAM GRAY, didn't, Israel, Don't, Rae Dunn, Jim Jordan, Jada Pinkett, Pinkett Smith, Will Smith, Goldman Sachs, Lockheed Martin, Johnson, Leah Kern, Joe's, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Sigma, Insider Tech, Big Tech, Tech, Terrazas, SEC, Getty, LinkedIn, Tesla Edinburgh, Amazon, Republican, Bank of America Locations: Big, Israel, Ukraine, AFP, Tesla, Temple, El, New York City, York, San Diego, London, New York

☆ 3 unique ways employees and companies are making 4-day workweeks happen
▼ + stars: | 2023-10-09 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

The four-day workweek is picking up steam as test pilots report promising results. It's led some entrepreneurs and businesses to give the four-day week a chance. Some people are using remote work as a different way to reduce their weekly hours. By November, she and her three remote employees had transitioned to a "quasi- four-day workweek ," she said. More companies may give the four-day week a chance as pilot programs across the globe report promising results and the competition to attract talent persists.

Persons: It's, —, Elly Hurst, Hurst, hasn't, Mark Takano, Robert Burns, workweek, Burns, Jamie Dimon, Drew Angerer, he's, Nick Bloom, Azman Nabi, I've, Nabi, Elly Hurst Elly Hurst Organizations: Service, Democratic, Getty, JPMorgan, Stanford Locations: Maryland, Rochester , New York, India, San Diego

☆ Who leads the House now? The top Republicans who could be the next House speaker.
▼ + stars: | 2023-10-03 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementFor the first time in American history, House lawmakers have ejected the Speaker of the House from power. 3 House Republican and formerly led the House GOP's campaign arm. Donalds, who is not in House leadership, did not speak on the floor before the historic vote. She was catapulted into House leadership after Republicans booted then-Rep. Liz Cheney from her post as the N0. Once a more liberal Republican, Stefanik has become one of the biggest Trump supporters in the entire House Republican conference.

Persons: Kevin McCarthy, —, Matt Gaetz's, McCarthy, Tom Emmer, Steve Scalise, Elise Stefanik, Here's, Minnesota Republican Nathan Howard, Andy Biggs, Anna Moneymaker, Scalise, Byron Donalds Rep, Byron Donalds of, Michael M, Donalds, Ron DeSantis, Jim Jordan Rep, Jim Jordan, Drew Angerer, Jordan can't, Jordan, Joe Biden, Andrew Harnik, Donald Trump's, Liz Cheney, Donald Trump, Stefanik, Kevin McCarthy Kevin McCarthy Drew Angerer, he's, Gaetz, Trump, There's, Aaron Sorkin's Organizations: Service, Minnesota Republican, Getty, Republican, Politico, Caucus, Washington Post, GOP, Louisiana Republican, Congressional, Florida Republican, Florida, Gov, Ohio Republican, The Ohio Republican, New York Republican, Republicans, Trump, Capitol Locations: Minnesota, Louisiana, Byron Donalds of Florida, Ohio, Washington

CNN —The US House of Representatives is bracing for a key vote Tuesday over Speaker Kevin McCarthy’s political future as GOP Rep. Matt Gaetz of Florida pushes for his ouster. House Speaker Kevin McCarthy speaks with reporters at the U.S. Capitol in Washington, DC, October 3, 2023. No House speaker has ever been ousted through the passage of a resolution to remove them. If a procedural vote fails, then there would be a vote directly on whether to remove McCarthy as speaker, which would take only a majority to succeed. Drew Angerer/Getty ImagesTo force a vote, a member must go to the House floor and announce their intent to offer the resolution to remove the speaker – as Gaetz did.

Persons: Kevin McCarthy’s, Matt Gaetz, McCarthy, Gaetz, “ I’m, ” McCarthy, CNN’s Manu Raju, “, ”, I’m, Kevin McCarthy, Jonathan Ernst, It’s, Drew Angerer, – Organizations: CNN, GOP, Republican, U.S, Capitol Locations: Florida, California, Washington , DC, Washington ,

☆ It's 'really the Google web': Microsoft CEO testifies about how hard it is to break into search
▼ + stars: | 2023-10-02 | by ( Lauren Feiner | ) www.cnbc.com time to read: +11 min

Drew Angerer | Getty ImagesWhen it comes to online search, it's Google's web and everyone else is playing in it, according to rival Microsoft. "Everybody talks about the open web, but there is really the Google web," Nadella said from the stand in Washington, D.C., District Court. Perhaps the most famous of those deals is the multibillion-dollar agreement between Google and Apple to make Google search the default on Apple products like the iPhone. He said the integration issues with Google's Search Ads 360 "keeps coming up in escalations" to him. Microsoft has begun integrating ChatGPT into its Bing search results through its partnership with OpenAI and is a leading player in the space, alongside Google.

Persons: Satya Nadella, Nadella, Drew Angerer, Satya Nadella's, Microsoft's Bing, Bing, Bernstein, they've, it's, Connolly's John Schmidtlein, Schmidtlein, there's, Google's, roundtables, he's Organizations: Microsoft, Google, Washington , D.C, Department of Justice, Apple, Apple Microsoft, Windows, Microsoft Windows, Washington Post, Verizon, Bing, AGs, OpenAI, YouTube, CNBC Locations: Washington ,, Washington, Silicon Valley

☆ U.S. readout excludes India-Canada rift as Blinken meets India's top diplomat
▼ + stars: | 2023-09-29 | by ( Clement Tan | ) www.cnbc.com time to read: +2 min

Indian External Affairs Minister Subrahmanyam Jaishankar and U.S. Secretary of State Antony Blinken arrive for a photo spray and brief remarks at the U.S. State Department September 28, 2023 in Washington, DC. Drew Angerer | Getty Images News | Getty ImagesU.S. Secretary of State Antony Blinken met India's foreign minister Subrahmanyam Jaishankar in Washington on Thursday, but the U.S. readout did not mention the spiraling dispute between India and Canada. Trudeau went public with "credible allegations" on Sept. 18, accusing the Indian government of orchestrating the murder. The deepening rift between the two sides is concerning Canada's closest allies — Australia, the United Kingdom and the United States. If allegations are true, this may well derail the U.S. courtship of India as a partner in a broader Indo-Pacific strategy aimed at countering China.

Persons: Subrahmanyam Jaishankar, Antony Blinken, Drew Angerer, Justin Trudeau, Trudeau, Blinken, Trudeau's, Hardeep Singh Nijjar Organizations: Affairs, U.S . State, Getty, Canadian, U.S, Ottawa Locations: Washington ,, Washington, U.S, India, Canada, New Delhi, Canadian, Australia, United Kingdom, United States, China

Here’s takeaways from Thursday’s first impeachment inquiry hearing:Rep.Jamie Raskin and Oversight Chairman James Comer speak on Capitol Hill in Washington, DC, on Thursday. Conservative law professor Jonathan Turley also said that the House does not yet have evidence to support articles of impeachment against Joe Biden, but argued that House Republicans were justified in opening an impeachment inquiry. Picking witnesses that refute House Republicans arguments for impeachment is mind blowing,” one senior GOP aide told CNN. There’s a shutdown looming.”Rep Jim Jordan delivers remarks during the House Oversight Committee hearing on Capitol Hill on September 28, 2023 in Washington, DC. House Oversight Committee ranking Democratic member Rep. Jamie Raskin speaks on Capitol Hill in Washington, DC, on September 28, 2023.

Persons: Joe Biden, don’t, Hunter, Donald Trump’s, Here’s, Thursday’s, Rep.Jamie Raskin, James Comer, Jonathan Ernst, Biden, Bruce Dubinsky, “, ” Dubinsky, Jonathan Turley, ” Turley, Joe Biden’s, Turley, Trump’s, Ro Khanna, Witnesses, Jacquelyn Martin, ”, Jim Jordan, Drew Angerer, hasn’t, Trump, Hunter Biden, Jamie Raskin, Jim Bourg, Hunter Biden –, Raskin’s, Raskin, ” Raskin, Rudy, Rudy Giuliani, Giuliani, Kweisi, Lev Parnas, Giuliani’s, Parnas, Burisma, Jared Kushner, Hunter Biden’s, Kushner, Biden’s Organizations: CNN — House Republicans, GOP, Conservative, Republicans, CNN, House Republicans, George Washington University Law School, California Democrat, Capitol, ”, Getty, Service, Justice Department, Hunter Biden, Democratic, White, Democrats needled Republicans, AP, Biden, Burisma Holdings Locations: Ukraine, Washington ,, Hunter, California, Washington, Ukrainian, Maryland, Saudi Arabia

☆ These stocks could break out to new highs if the Fed is viewed as market-friendly
▼ + stars: | 2023-09-20 | by ( Brian Evans | ) www.cnbc.com time to read: +5 min

Some stocks that were trading near 52-week highs before the Fed decision could now ride the coattails of the latest interest rate decision and move higher. Boston Scientific's previous 52-week high stood at $54.99 . Meanwhile, credit card giant Mastercard is well within striking range of a new 52-week high, with shares only 1.21% away from the benchmark. Some stocks that were trading near 52-week highs before the Fed decision could now ride the coattails of the latest interest rate decision and move higher. Consensus analyst estimates forecast a 10.4% rally to Arch Capital stock.

Persons: yearend, Jerome Powell, Drew Angerer, Baker Hughes Organizations: Fed, Federal, CNBC, CNBC Pro Stock, Boston Scientific, Boston Scientific's, Boston, Mastercard, Arch Capital, Arch Capital Group, . Federal, Federal Reserve, Washington , D.C, Getty, Capital Group, AIG American International Group, Amphenol, Bunge, Boston Scientific Corp, Design Systems, Everest Group, Emerson Electric Co, HAL Halliburton, ICE, Exchange, Jacobs Solutions, Mckesson, E Corp, Services, Constellation Brands, Targa Resources Corp, Visa Locations: Washington ,

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