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☆ In forgotten parts of Singapore's iconic Orchard Road shopping street, a new era is taking shape
▼ + stars: | 2024-11-22 | by ( Kevin Lim | ) www.cnbc.com time to read: +6 min

The Far East Shopping Center on Orchard Road in Singapore, on Thursday, April 11, 2024. Bloomberg | Bloomberg | Getty ImagesThe Far East Shopping Center along Singapore's Orchard Road has seen better days. Orchard Road, Singapore's main shopping street, is 2.2 km (1.3 miles) long but much of the activity takes place in the middle of the stretch as well as at selected malls linked via underground walkways to subway stations. Far East Shopping Center isn't connected to Orchard MRT unlike several of its neighbors. Two of the properties, the voco Orchard hotel and Forum The Shopping Mall, share some 180 meters of frontage along Orchard Road.

Persons: Ong Beng Seng, hasn't, CDL, Singapore's URA, URA, Richard Goh, Rasa Singapura, Sukanto Tanoto, Du Shuanghua, Jeremy Lake Organizations: Shopping, Bloomberg, Getty, Shopping Center, Singapore Botanic Gardens, Urban Redevelopment, Properties, Singapore, Developments, CDL Hospitality, Arts, CNBC, Singapore Botanic, Pacific Eagle, Food, Savills Singapore, Concorde Locations: Orchard, Singapore, Delfi Orchard, Istana Park, Canning, HPL

☆ ‘Send someone ASAP,’ Las Vegas man said on 911 call before police fatally shot him in his home
▼ + stars: | 2024-11-22 | by ( Karina Tsui | ) edition.cnn.com time to read: +4 min

In a hushed voice, Durham responded to the dispatcher’s questions for more than seven minutes as he frantically reacted to noises coming from outside. Halfway through the call, he said that he might know who the trespasser was. The suspected trespasser, Boudreaux, 31, faces multiple charges including assault with a deadly weapon, home invasion with a deadly weapon, domestic violence and child abuse. Police accountabilityThe incident is the 13th shooting this year to involve a Las Vegas Metropolitan Police officer and the eighth that has led to a fatality, authorities said. That makes this 10 times worse,” Merritt said, stating that police acted with carelessness and negligence.

Persons: ”, Brandon Durham, Durham, “, ” Durham, Alejandra Boudreaux –, Alexander Bookman, Boudreaux, would’ve, Bookman, CNN’s Sara Sidner, Durham’s, Lee Merritt, should’ve, ” Merritt, Brandon Organizations: CNN, KVVU, Las, Metropolitan Police, Police Locations: Vegas, ., Durham, Durham’s, Clark County, “ Durham

☆ Developed world 'not playing their role' in the climate crisis, Malaysian minister says
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeveloped world 'not playing their role' in the climate crisis, Malaysian minister saysNik Nazmi bin Nik Ahmad, Malaysia's minister of natural resources and environmental sustainability, discusses climate finance goals and says "finding a middle ground seems to be the tough point at this time."

Persons: Nik Nazmi, Nik Ahmad

☆ Treasury yields fall as investors weigh state of U.S. economy
▼ + stars: | 2024-11-22 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

The 2-year Treasury yield was last trading at 4.3345% after dipping by more than one basis point. U.S. Treasury yields were lower Friday as investors weighed mixed economic data and assessed the state of the economy. Investors considered the current state and outlook for the U.S. economy after Thursday brought a series of mixed data points. Investors also assessed the latest comments from Federal Reserve officials, scanning them for hints about whether a third back-to-back interest rate cut could be announced when policymakers meet again next month. Chicago Federal Reserve President Austan Goolsbee on Thursday indicated that he saw the need for more rate cuts ahead, but cautioned that the pace of reductions could slow.

Persons: Austan Goolsbee, Michelle Bowman Organizations: Treasury, Investors, Wall Street, Philadelphia Federal Reserve, P Global, Federal Reserve, Chicago Federal Locations: U.S

☆ Portfolio manager says a 'healthy' correction could come if earnings and growth stall
▼ + stars: | 2024-11-22 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +1 min

In an environment of high valuations, one of two "catalysts" could cause a market correction. It has a price-to-earnings ratio above 27, and some have described it as expensive by almost every measure. "We do think that a correction would be healthy, but you will need some type of catalyst for that correction to take place. [It is] still quite healthy, but it is slow, right? "If that continues to slow a bit more, if we were to see inflation tick up again, that could be a catalyst," Arcese said.

Persons: Brian Arcese, CNBC's, Arcese Organizations: Management Locations: Singapore, U.S

☆ Opinion | Marie Gluesenkamp Perez on Winning a Trump District and Fixing Congress
▼ + stars: | 2024-11-22 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +1 min

I first met Marie Gluesenkamp Perez in 2022, when she was running what was widely seen as a long-shot Democratic campaign for Congress in a solidly Republican, heavily rural part of Washington State. Shortly before the election, the polling aggregator FiveThirtyEight estimated her chance of victory at a mere 2 percent. Gluesenkamp Perez, whose father immigrated from Mexico, ran an auto shop with her husband and lived in a house they’d built themselves. Gluesenkamp Perez voted to scrap Joe Biden’s plan for student debt relief. In a largely brutal year for Democrats, Gluesenkamp Perez, again facing Kent, won re-election even as Trump once again carried her district.

Persons: Marie Gluesenkamp Perez, MAGA, Joe Kent, Gluesenkamp Perez, fides, Donald Trump’s, she’d, Joe Biden’s, Rashida Tlaib, Anger, ”, Trump Organizations: Democratic, Congress, Republican, Washington State, Politico, Kent Locations: Washington, Mexico, Israel

☆ Xi was unusually frank in spelling out China's 4 'red lines' for the US, a clear warning for Trump's China hawks
▼ + stars: | 2024-11-22 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Xi outlined China's "red lines" for the US, including the country's rights to development. He told Washington not to cross "four red lines" — which analysts say is a clear message for the incoming Trump administration. Foreign Minister Wang Yi has warned about not crossing Beijing's "red lines" in the past. AdvertisementXi's language raised some eyebrows, with analysts calling it "harsh" and deeming China's foreign ministry readout "strikingly negative" in some sections. Related storiesXi named Taiwan President William LaiOf the four "red lines," Taiwan is the most sensitive issue between the two countries, as Xi has repeatedly said over the years.

Persons: Jinping, Biden, Xi, Xi Jinping, Joe Biden, Washington, Trump, Igor Khrestin, George W, Khrestin, it's, Wang Yi, Florida Sen, Marco Rubio —, Beijing —, Jersey Lee, William Lai, William Lai Ching, Democratic Progressive Party —, Lai Ching, Lai, Tsai Ming Organizations: Trump, APEC Economic, Bush Institute, Trump Administration, Business, Beijing, State, Lowy, Democratic Progressive Party, Taiwan's National Security Bureau Locations: Beijing, China, Lima , Peru, Taiwan, Florida, United States, US, Ukraine

☆ I spent a week in a hospital in Ecuador when my lung collapsed. It confirmed that moving here was the right decision.
▼ + stars: | 2024-11-22 | by ( Sinead Mulhern | ) www.businessinsider.com time to read: +6 min

Earlier this year, she spent a week in the hospital due to a collapsed lung, a severe complication of pneumonia. The support she received from the hospital staff and her friends confirmed that moving there was the right decision. "We have to go to the hospital right now," my doctor told me after confirming that my right lung had collapsed. I felt scared and focused on my friend as the surgeon told me to hold my right arm above my head and stay still. People I didn't know well would call to check in, and friends of friends would send well wishes.

Persons: Sinead Mulhern, I'd, Ecuador —, hadn't, I'm, Sanja, We've, Jonathan, KFF Organizations: Monopoly Locations: Ecuador, Cuenca —, Quito, South America, Ecuadorian, Canada, Australia, South Africa, England, Venezuela

☆ Gold marches towards best week in a year amid escalating Russia-Ukraine conflict
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: +2 min

Gold prices were headed for their best week in a year on Friday, supported by safe-haven demand amid further escalations in the Russia-Ukraine war, while investors assessed the outlook for U.S. interest rate cuts. Gold prices were headed for their best week in a year on Friday, supported by safe-haven demand amid further escalations in the Russia-Ukraine war, while investors assessed the outlook for U.S. interest rate cuts. Bullion was up nearly 5% for the week so far, its best week since early October 2023. Gold's appeal is bolstered by geopolitical tensions, economic risks and a low interest rate environment. Meanwhile, the Chicago Federal Reserve President on Thursday reiterated his support for further U.S. interest rate cuts and his openness to slowing them down.

Persons: Bullion, Edward Meir, Bitcoin, Michelle Bowman, Nicholas Frappell Organizations: Trump, Chicago Federal, ABC Refinery Locations: Russia, Ukraine, Dnipro, U.S

CNN —Iran announced Friday it was activating new advanced centrifuges – which enrich uranium for the country’s nuclear program – after the United Nations’ nuclear watchdog criticized the country for not cooperating with the agency. The IAEA and Iran have long tussled over various issues, including traces of uranium found at locations that have not been declared nuclear sites. He has acknowledged the UN agency cannot guarantee that none of Iran’s centrifuges may have been peeled away for clandestine enrichment. Under the terms of the nuclear deal struck in 2015, Iran was limited to operating around 5,000 older-model centrifuges, and the nation was allowed to use advance centrifuges for research purposes only. By 2019, Iran was launching new centrifuges in a major break from the deal.

Persons: IRNA, Rafael Mariano Grossi, Iran’s, Gideon Sa’ar, ” Sa’ar, Donald Trump, Antony Blinken Organizations: CNN, Iran, United Nations, Atomic Energy Organization, International Atomic Energy Agency, IAEA, Reuters, Israel Locations: Iran, centrifuges, Tehran

☆ See diversification opportunities in global developed markets soon
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShould see diversification opportunities in the U.S. and global developed markets: Fund managerAlex Morris of F/m Investments discusses the animal spirits in the U.S. markets, the strength of the U.S. dollar and what this means for global equities.

Persons: Alex Morris Organizations: Investments, U.S . Locations: U.S

☆ ResMed expands Singapore operations to address obstructive sleep conditions
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailResMed expands Singapore operations to address obstructive sleep conditionsMick Farrell, CEO of medical equipment maker ResMed, says the company is pouring "tens of millions of dollars" into expanding its Singapore operations as it aims to help 500 million people sleep better with its devices.

Persons: Mick Farrell Locations: Singapore

☆ Asia-Pacific markets set to rise as investors assess Japan inflation data
▼ + stars: | 2024-11-22 | by ( Anniek Bao | ) www.cnbc.com time to read: +1 min

The Tokyo Tower, left, and commercial and residential buildings in Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Photographer: Akio Kon/Bloomberg via Getty ImagesAsia-Pacific markets were set to open higher Friday, tracking a rally on Wall Street, with the S&P logging gains for a fourth straight day. Investors in Asia will assess Japan's October consumer price index data. Singapore is also set to release its third-quarter GDP data, with growth anticipated to accelerate to 4.6% year on year from 4.1% in the prior quarter, according to LSEG data. Hong Kong's Hang Seng index futures were flat from its last close at 19601.11.

Persons: Akio Kon Organizations: Bloomberg, Getty Images, Investors, Reuters, Nikkei Locations: Tokyo, Minato district, Japan, Getty Images Asia, Pacific, Asia, Singapore, Chicago, Osaka, 19601.11

☆ Trump's priority is for crypto trading to be centered in the U.S.: Analyst
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump's priority is for crypto trading to be centered in the U.S.: AnalystLouis Navellier of Navellier & Associates discusses Trump's priority of centering crypto trading in the US and the future of crypto as a payment method.

Persons: Louis Navellier Organizations: Navellier, Associates Locations: U.S

☆ Yankees' Aaron Judge and Dodgers' Shohei Ohtani win MLB MVP awards
▼ + stars: | 2024-11-21 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

Los Angeles Dodgers designated hitter Shohei Ohtani and New York Yankees center fielder Aaron Judge were named MVP of the National League and American League, respectively, MLB announced Thursday. Ohtani helped lead the Dodgers to the best record in MLB in the regular season, then played a key role in their World Series run. Judge — whose Yankees lost to the Dodgers in five games in the World Series — previously won MVP in 2022. The Yankees, led by Judge, finished first in the AL with 94 wins. Their World Series appearance in 2024 was the franchise’s first since 2009.

Persons: Shohei Ohtani, Aaron Judge, Ohtani, Tommy John, Judge —, — Organizations: Los Angeles Dodgers, New York Yankees, National League, American League, MLB, AL, Dodgers, NL, OPS, Los Angeles Angels, Yankees, New York, Judge Locations: Angeles, Japan, United States, . New

President-elect Donald Trump announced Thursday evening that his new pick for attorney general is Pam Bondi. Bondi previously served as Florida’s attorney general. "For too long, the partisan Department of Justice has been weaponized against me and other Republicans — Not anymore," Trump said in a post to Truth Social. The attorney general position would require confirmation by the Senate. Trump praised Gaetz on Truth Social after he withdrew, saying that Gaetz "has a wonderful future."

Persons: Donald Trump, Pam Bondi, Matt Gaetz, —, Trump, Pam, ” Bondi, Bondi, Hillary Clinton, “, Gaetz, Vance Organizations: of Justice, DOJ, Trump, Senate, Republican National Convention, Pennsylvania ” Locations: Bondi, “, Philadelphia

Sen. Bob Casey, D-Pa., on Thursday conceded the race for Pennsylvania's Senate seat to his Republican opponent, Dave McCormick. NBC News has not yet projected a winner. The slim margins of the race triggered an automatic recount, with results expected to be released next Wednesday. "I just called Dave McCormick to congratulate him on his election to represent Pennsylvania in the United States Senate," Casey said in a video posted to X. McCormick thanked Casey in a statement, saying that Casey has “dedicated his career to bettering our commonwealth.”“I am so honored to represent every single citizen in Pennsylvania in the United States Senate and will fight for you every day,” he added.

Persons: Sen, Bob Casey, Dave McCormick, Casey, McCormick Organizations: Senate, Republican, NBC News, United States Senate Locations: Pennsylvania

☆ Trump's Cabinet selection is off to a rocky start: From the Politics Desk
▼ + stars: | 2024-11-21 | by ( The Politics Desk | ) www.nbcnews.com time to read: +8 min

But it’s not even Thanksgiving, and Donald Trump is already looking for a backup top law enforcement officer after Matt Gaetz withdrew his AG bid Thursday. The last time around, Trump lost just one of his initial Cabinet picks, when Andrew Puzder withdrew as the labor secretary nominee in February 2017. ➡️ More on the Trump transitionAside from Gaetz, two of Trump’s other Cabinet picks, Hegseth and Kennedy, have also faced serious allegations of sexual impropriety, which they have both denied. 🗞️ Today’s other top stories 👀 Buckeye State battle brewing: The jockeying for JD Vance’s Ohio Senate seat has begun, and the potential candidates’ statements about Trump’s Cabinet picks are being closely watched. Read more →The jockeying for JD Vance’s Ohio Senate seat has begun, and the potential candidates’ statements about Trump’s Cabinet picks are being closely watched.

Persons: Matt Gaetz, Jonathan Allen, Henry J, Gomez, Olympia Sonnier, Jake Traylor, Julie Tsirkin Matt Gaetz’s, Donald Trump, ”, Gaetz, MAGA, Trump, Sens, Mitch McConnell of, Lisa Murkowski, Susan Collins of, Markwayne Mullin, John Curtis of Utah, Read, Jonathan Allen It’s, George H.W, Texas Sen, John Tower, it’s, — Trump, Bill Clinton’s, Zoë Baird, Kimba Wood, Pete Hegseth, Tulsi Gabbard, Robert F, Kennedy Jr, Barack Obama’s, Tom Daschle, Bill Richardson, Judd Gregg, Andrew Puzder, ➡️, Hegseth, Kennedy, Mehmet Oz, El Organizations: NBC, White House, Capitol, Republican, The Justice Department, Republicans, Gaetz, Pentagon, Former Fox News, Human Services, Commerce, ., Medicare, Services Locations: Florida, Washington, Trump, Mitch McConnell of Kentucky, Alaska, Susan Collins of Maine, Oklahoma, Texas, Obamacare

A missing Kansas woman who disappeared this year and was found in a freezer buried in a cow pasture in the Oklahoma panhandle was killed in a stabbing attack that left her with dozens of wounds, according to a medical examiner’s report. Veronica Butler, 27, died from sharp force trauma and had 30 wounds, 10 of which were consistent with her trying to defend herself, the Office of the Chief Medical Examiner in Oklahoma said in its report. Texas County Sheriff's DepartmentButler and Jilian Kelley, 39, a court supervisor in a children’s custody case, disappeared March 30. The defendants are Tifany Adams; Adams’ boyfriend, Tad Bert Cullum; Cole Earl Twombly; Cora Twombly and Paul Grice. On the day she disappeared, a day she had visitation, Butler planned to take her daughter to a birthday party.

Persons: Veronica Butler, Jilian D, Kelley, Veronica C, Butler, Butler . Texas County Sheriff's Department Butler, Jilian Kelley, Tifany Adams, Adams, Tad Bert Cullum, Cole Earl Twombly, Cora Twombly, Paul Grice ., Tim Laughlin, Cullum Organizations: Butler . Texas County Sheriff's Department, Oklahoma State Bureau of, State Bureau of Investigation Locations: Kansas, Oklahoma, Butler . Texas, Texas County , Oklahoma

To examine the issue of human smuggling, De León spent seven years closely studying the lives of men dedicated to smuggling migrants from Central America and Mexico into the U.S. The result was his nonfiction book, “Soldiers and Kings: Survival and Hope in the World of Human Smuggling," which on Wednesday garnered De León the prestigious National Book Award for nonfiction. While De León interviewed countless migrants and smugglers, his book focuses on the journeys of nearly half a dozen people from Honduras, Mexico and elsewhere. That’s talking about smugglers, talking about the political economy of undocumented migration — and people don’t want that. Despite his years of experience, De León said he learned new lessons while working on the award-winning book.

Persons: Jason De León, De León, “, “ I’m, ” De León, ”, De Organizations: U.S, NBC News, University of California, Cotsen Institute of Archaeology, Army Locations: Central America, Mexico, Los Angeles, Honduras, Philippines, Long Beach , California, Rio Grande Valley, Texas, America, U.S

A Maryland man recently made a remarkable discovery in the Chesapeake Bay: An almost-whole human skeleton that appears to be at least a century old. NBC Washington reported George Oliver, who lives in Calvert County, was walking the shores of the bay on Nov. 4, looking for fossils, as he usually does. Oliver told the station that he could see the coffin, but that it was completely submerged in water. "When I first found it, you could not tell that there was human remains," Oliver told NBC Washington. When he found the coffin, Oliver assumed that leg bone might have been a part of the newly-discovered skeleton.

Persons: George Oliver, Oliver, Kelcey Ward, Ward, it's Organizations: NBC Washington, NBC Locations: Maryland, Chesapeake, Calvert County, Calvert, NBC Washington, Oliver

Some major tech companies including Meta are taking steps to combat “pig butchering” scams, which trick Americans out of billions of dollars each year through fake online friendships and romances. Pig butchering scams are elaborate and often take months to unfold. Meta on Thursday announced it has taken its first major steps into addressing the scams, including dedicating staff to identify where scammers operate, sharing that information with international law enforcement, and taking down more than 2 million accounts this year. The announcement reflects how more tech companies are recognizing the severity of pig butchering scams. Calling themselves the Tech Against Scams coalition, the companies pledged to share scammer information with each other and better educate users.

Persons: they’ve, Meta, Jeff Lunglhofer, ”, Jake Sims, Operation Shamrock, “, ” Sims Organizations: Meta, Facebook, FBI, Tech, NBC News Locations: WhatsApp, France, Cambodia, OpenAI

☆ Vaccination rates for flu and Covid are low this season, CDC says
▼ + stars: | 2024-11-21 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

As of Nov. 9, an estimated 35% of U.S. adults had gotten the new flu vaccine, and nearly 18% had received the new Covid vaccines, CDC data shows. The vaccination rate for the flu as of October was roughly equivalent to the same time last year, the CDC found. The rate of Covid vaccination is also similar to last November, around 15%. The new CDC report warns that flu, Covid and RSV can cause serious illness, particularly for people ages 65 and up and those with certain medical conditions. A second CDC report released Thursday found low vaccination coverage among residents of nursing homes.

Persons: Donald Trump, Robert F, Kennedy Jr, Pediatricians Organizations: Centers for Disease Control, CDC Locations: U.S

Matt Gaetz’s withdrawal Thursday as a candidate for attorney general illustrates the roadblocks President-elect Donald Trump could face as he attempts to convert his campaign of “retribution” into a governing coalition capable of working within the realities of Washington. In Gaetz, Trump would finally get the loyal attorney general he felt like he never had in his first term. But it was a tough sell from the moment Trump announced Gaetz as his choice eight days ago — in a pick that shocked much of Washington. In the end, it was the “combination of the ethics report and opposition among Senate Republicans,” that doomed Gaetz’s candidacy, a senior Senate aide told NBC News. Before Gaetz’s withdrawal Thursday, Trump allies were pushing hard on GOP senators and other ambitious Republicans to publicly support his embattled Cabinet picks.

Persons: Matt Gaetz’s, Donald Trump, ”, Gaetz, MAGA, Trump, “, Vance, ” Gaetz, Sens, Mitch McConnell of, Lisa Murkowski, Susan Collins of, Markwayne Mullin, John Curtis of Utah, JD Vance, ” Sen, Mike Rounds, ” Rounds, Pete Hegseth, shouldn’t, Robert F, Kennedy Jr, Tulsi Gabbard, Matt, they’re Organizations: Republican, The Justice Department, Republicans, NBC News, Trump, Capitol, Gaetz, “, Senate, Fox News, Justice Department Locations: Washington, Florida, Trump, Mitch McConnell of Kentucky, Alaska, Susan Collins of Maine, Oklahoma, Ohio, Hawaii

Apple is currently discounting some of our favorite wireless earbuds and over-ear headphones — the AirPods Pro 2 and AirPods Max, ahead of Black Friday. NBC Select reporter Harry Rabinowitz says they are the best wireless earbuds for anyone with an iPhone. Apple’s first over-ear bluetooth headphones, the AirPods Max have powerful audio quality, active noise cancelation, transparency mode and spatial audio. NBC Select associate reporter Bianca Alvarez loves using them to focus at work and when flying. Harry Rabinowitz is a reporter for NBC Select who has covered deals and sales for over two years.

Persons: AirPods Max, Harry Rabinowitz, ”, Apple’s, Max, Bianca Alvarez, “, “ I’ve, Cory Fernandez, TikTok Organizations: Apple, NBC, Amazon, Facebook, Twitter

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