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☆ Amazon sued by DC attorney general for allegedly excluding neighborhoods from Prime delivery
▼ + stars: | 2024-12-04 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +5 min

Washington, D.C.'s attorney general sued Amazon on Wednesday, accusing the company of covertly depriving residents in certain ZIP codes in the nation's capital from access to Prime's high-speed delivery. "In the zip codes in question, there have been specific and targeted acts against drivers delivering Amazon packages. Data from the AG shows that before Amazon instituted the change, more than 72% of Prime packages in the two ZIP codes were delivered within two days of checkout. The ZIP codes in Schwalb's complaint are in areas with large Black populations, according to 2022 Census data based on its American Community Survey. According to Scwalb's complaint, Amazon never communicated the delivery exclusion to Prime members in the area.

Persons: Brian Schwalb, Schwalb, Steve Kelly, Kelly Organizations: Amazon, Amazon's, U.S . Postal Service, AG, Bloomberg, American, Survey, Federal Trade Commission, UPS, FedEx Locations: Atlanta, Chicago, Dallas, Washington

☆ OpenAI partners with defense company Anduril
▼ + stars: | 2024-12-04 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

OpenAI and Anduril on Wednesday announced a partnership allowing the defense tech company to deploy advanced artificial intelligence systems for "national security missions." This fall, Palantir signed a new five-year, up to $100 million contract to expand U.S. military access to its Maven AI warfare program. OpenAI said it was working with Anduril to help human operators make decisions "to protect U.S. military personnel on the ground from unmanned drone attacks." The company said it stands by the policy in its mission statement of prohibiting use of its AI systems to harm others. The news comes after Microsoft -backed OpenAI in January quietly removed a ban on the military use of ChatGPT and its other AI tools, just as it had begun to work with the U.S. Department of Defense on AI tools, including open-source cybersecurity tools.

Persons: Palantir, Claude, Anduril, Palmer Luckey, Luckey, OpenAI, Maven, CNBC's Morgan Brennan Organizations: Wednesday, U.S . Department of Defense, Amazon Web Services, Maven, VR, Facebook, Microsoft, Employees, Google, Pentagon Locations: Anduril

☆ France's political chaos casts long shadow over economic growth
▼ + stars: | 2024-12-04 | by ( Jenni Reid | ) www.cnbc.com time to read: +5 min

The administration is widely seen as likely to be ousted, just three months after it was formed. Greece had briefly lost its investment grade credit rating status amid the euro area debt crisis, which led to the nation's sovereign default. "Beyond economic growth and stability, this will send debt in a non-sustainable direction in France." Analysts at Dutch bank ING, who previously forecast French growth slowing from 1.1% in 2024 to 0.6% in 2025, said Tuesday that the fall of Barnier's government "would be bad news for the French economy." Loading chart..."At a time when economic growth in France is slowing markedly, this is bad news.

Persons: Joel Saget, Michel Barnier, Barnier —, Emmanuel Macron, Macron, Barnier, Carsten Nickel, Nickel, Maybank, Javier Díaz, Giménez, Gilles Moëc, Moëc Organizations: Afp, Getty Images, Assembly, Spain's IESE Business School, CNBC, ING, AXA Locations: Paris, Germany, France, Greece

☆ Democrats are urging Biden to cancel student debt for thousands of borrowers before Trump takes office
▼ + stars: | 2024-12-04 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

AdvertisementDemocratic lawmakers urged Biden to cancel student debt for defrauded borrowers before Trump takes office. Miguel Cardona urging him to discharge unprocessed borrower defense applications, which are applications student-loan borrowers can submit if they believe they were defrauded by the school they attended. AdvertisementWith President-elect Donald Trump taking office in under two months, the lawmakers said debt relief would become a lot more uncertain under his leadership. However, thousands of borrowers are still waiting for their borrower defense applications to be processed, and time is running out. AdvertisementThe Education Department did not immediately respond to a request for comment from Business Insider regarding where it stands with processing borrower defense claims.

Persons: Biden, Joe Biden, it's, Dick Durbin, Ed Markey, Maxine Waters, Miguel Cardona, Donald Trump, Biden's, Trump, Markey, Bobby Scott, Durbin, Preston Cooper, Cooper Organizations: Trump, Democratic, Sens, Sec, Department, Education, Biden, Education Department, Public, Biden's, Trump Administration, American Enterprise Institute, Department of Education, Business

☆ More employers add 401(k) plan match for those paying student loans
▼ + stars: | 2024-12-04 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

Traditionally, companies have only paid a 401(k) match to workers based on their voluntary contributions to the workplace retirement plan. Now, companies can treat a worker's student loan payments like an elective 401(k) plan contribution. Workers generally don't have to contribute to the 401(k) plan to qualify for the funds. Here's a general example: A 30-year-old participates in a 401(k) plan in 2024. Companies had the benefit prior to Secure 2.0Employers had begun offering a 401(k)-linked student loan benefit even before Secure 2.0.

Persons: Jesse Moore, Moore, Rob Austin, We've, Thomas Barwick, Brian Dobbis, Abbett, Here's, Dobbis, Abbott, Austin, PSCA, Hattie Greenan, Greenan, Ellen Lander Organizations: Getty, Workers, Kraft, Fidelity, News Corp, Financial, Comcast, Finance, Trump, Internal Revenue Service, Companies, Secure, Employers, IRS, of America, Pharmaceutical, Renaissance Locations: U.S, Pearl River , New York

☆ South Korea's largest labor union launches an indefinite strike and calls for the president's resignation
▼ + stars: | 2024-12-04 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

AdvertisementSouth Korea's largest labor union has issued an indefinite general strike. The call went out to its 1.1M members after South Korea's president declared martial law. South Korea's largest labor union launched an indefinite general strike late on Tuesday, calling for the country's embattled president to resign after he declared martial law. The decree, which suspended civilian government functions and established temporary military control, was South Korea's first declaration of martial law since the country's democratization in 1987. AdvertisementMeanwhile, South Korea's former foreign minister, Kang Kyung-hwa, told CNN that the president's move and the way it was handled was "completely unacceptable" and an "aberration."

Persons: Kim Jong, Yoon Suk Yeol, South Korea's, Yoon, Andrew Minjun, Kang Kyung, Robert E, Kelly, India's, he'll Organizations: South, Korean, of Trade Unions, South Korean, Korean Confederation of Trade Union, Seoul National University, CNN, Associated Press, Pusan National University Locations: South, North Korea

☆ Trump plans to nominate Paul Atkins as SEC chair in crypto-friendly move
▼ + stars: | 2024-12-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

President-elect Donald Trump, keeping with his promise for a crypto-friendly administration, plans to nominate former SEC Commissioner Paul Atkins to head the agency, according to his Truth Social post. Currently the CEO at Patomak Global Partners, Atkins is a well-known veteran of the financial world and Republican political circles specifically. He had been widely expected to get the position as the nation's top financial market regulator. Atkins served as SEC commissioner from 2002-08, under then-President George W. Bush. Along with adopting a pro-crypto stance, the prospective nominee was critical of some of the reforms that emerged from the global financial crisis in 2008.

Persons: Paul Atkins, Donald Trump, Atkins, Gary Gensler, Trump, George W, Bush, Dodd, Frank Organizations: Patomak Global Partners, Bloomberg, Milken Institute Global Conference, SEC, Republican Locations: Beverly Hills , California, U.S

☆ JPMorgan sees a modest market gain next year with threats coming from valuation, possible Fed hikes
▼ + stars: | 2024-12-03 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Risks may also arise as a result of "disruptive Trump policies triggering a crash landing" or sticky inflation leading to tighter financial conditions. For 2025, JPMorgan sets a 6,500 target on the S & P 500 with cumulative earnings per share pegged at $270. That suggests about 7.5% potential upside from Monday's close, after a year when the S & P 500 has soared more than 26.5%. .SPX YTD mountain S & P 500 performance this year. "[E]asing in rates should help broaden the earnings recovery within S & P 500 and across the size spectrum," Lakos-Buja said, referring to benefits accruing to mid- and small cap companies.

Persons: Dubravko Lakos, Buja, Donald Trump's Organizations: JPMorgan, U.S, Federal, U.S ., & $ Locations: China, U.S

☆ Pat Gelsinger inherited major problems at Intel. Its next CEO may have to navigate worse.
▼ + stars: | 2024-12-03 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +8 min

The mission assigned to Pat Gelsinger when he took over Intel as CEO in 2021 was to restore the then 52-year-old company to relevancy. Its business of designing and manufacturing chips — once industry-leading — was struggling. "By the time Intel began to work on AI chips, it was too late, and the company had basically no market share." Its line of AI chips, known as Gaudi, has paled compared to offerings from competitors like Nvidia. Doing so will require strengthening its fab manufacturing business, which The Futurum Group's Newman notes is no easy feat.

Persons: Pat Gelsinger's, TSMC, Pat Gelsinger, Donald Trump's, —, David Zinsner, Michelle Johnston —, Intel's, Paul Ottelini, Steve Jobs, Peter Cohan, Hamish Low, Justin Sullivan, Gaudi, Gelsinger, Low, Daniel Newman, Newman, Group's Newman, Donald Trump, chipmakers, Anna Moneymaker, Trump, Babson College's Cohan Organizations: Intel, Big Tech, Nvidia, Bloomberg, —, Babson College, Enders Analysis, Getty, Gaudi, Companies, Microsoft, Google Locations: TSMC's

☆ Why did South Korea's president declare martial law?
▼ + stars: | 2024-12-03 | by ( Ellie Zolfagharifard | Ryan Pickrell | ) www.businessinsider.com time to read: +5 min

South Korea's president, Yoon Suk Yeol, on Tuesday invoked martial law, a stunning move that threw the nation into turmoil. The last time that a South Korean leader declared martial law was in 1979 following the assassination of the president. South Korea's parliament voted unanimously to block the president's decree, declaring the shocking move invalid, but martial law remains in effect. The semi-official South Korean news agency also said that media and publishers fall under the control of the South Korean military. Hours after Yoon declared martial law, live TV showed South Korea's parliament passing a motion requiring the law to be lifted.

Persons: Yoon Suk Yeol, Yoon, Yoon Suk, Kim Jong, Yoon didn't, South Korea Philip Goldberg, Yoon's, Biden, Han Dong, Lee Jae, Yonhap Organizations: South, People Power Party, Democratic Party of Korea, National Assembly, Associated Press, South Korean, State Department, Power Party, Korean, US National Security, KB Financial Group, POSCO Holdings, Wall Street Locations: Korean, South Korea, Korea's, North Korea, Korea, South

☆ Mike Bloomberg warns making RFK Jr. HHS secretary risks killing Americans, urges Senate to reject him
▼ + stars: | 2024-12-03 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

"Just imagine if RFK Jr. had been in office during Trump's first term," Bloomberg said at the Bloomberg American Health Summit in Washington D.C."Would Operation Warp Speed have even happened? RFK Jr. initially ran for president in 2024 as a Democrat, but switched to an independent bid and later dropped out to endorse Trump. Bloomberg in Tuesday's speech appealed directly to U.S. senators not to confirm RFK Jr. to the Cabinet role in the next Trump administration. Bloomberg expressed hope that Senate Republicans will convince Trump to reconsider nominating RFK Jr. before they are asked to weigh in. But RFK Jr. has taken a similar tack, endorsing a plan that he says is intended to "Make America Healthy Again" alongside Republicans.

Persons: Michael Bloomberg, Mike Bloomberg, Robert F, Kennedy Jr, Donald Trump's, Trump's, Bloomberg, Kennedy's, Trump, Kennedy Organizations: New York City, U.S Conference, Mayors, Billionaire, RFK, Bloomberg American Health Summit, Washington D.C, New, Bloomberg, RFK Jr, U.S, Republicans, Department of Health, Human Services Locations: Washington ,, Washington, New York City, U.S

☆ Russia's sky-high interest rates will struggle to fight inflation in the sanctions-stricken economy, top Russian bank CEO says
▼ + stars: | 2024-12-03 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

AdvertisementRussia's interest rate hikes might not be an effective tool to fight inflation, the head of VTB bank said. The chief of VTB, Russia's second-largest bank, delivered the remarks after the Russian central bank raised its benchmark interest rate to 21% in October. High borrowing costs are the central bank's leading plan to curb stubborn price growth, with Russia's annual inflation rate approaching 8.7%. According to Carnegie Politika, it developed a proposal to give the government some oversight of monetary policy, pressuring the central bank to defend its approach. AdvertisementThe bank chief also predicted a slowdown in Russia's GDP growth to 1.9% next year, down from this year's government-estimated 3.9% expansion.

Persons: Russia's, Andrei Kostin, Kostin, Critics, Elvira Nabiullina Organizations: The Bank of, Reuters, Industrialists, Entrepreneurs, Carnegie Politika, Bank of Russia Locations: The Bank of Russia, Russian, Russia, Russian Union

☆ Russian companies are turning to teenagers and retirees amid the country's wartime labor shortage
▼ + stars: | 2024-12-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

AdvertisementRussia's labor shortage has businesses turning to teens and retirees to fill positions. The nation was short around 5 million workers last year, Russia's Academy of Sciences estimated. That adds to last year's 289% increase, with openings for young workers rising from 14,500 to 42,000, the analysis found. The nation is short around 2 million workers, Bloomberg reported, citing an analysis from FinExpertiza, one of the nation's largest auditors. Last year, the Russian Academy of Sciences estimated the nation was short around 5 million workers.

Persons: Putin Organizations: Russia's Academy of Sciences, Bloomberg, Russia's, Russian Academy of Sciences Locations: Russian, Ukraine, Russia

☆ Trump expected to argue he has presidential immunity now, as president-elect, in new bid to dismiss hush-money case
▼ + stars: | 2024-12-02 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Sentencing in the NY hush-money case has been indefinitely delayed by this latest dismissal bid. His hush-money case should therefore be immediately dismissed, and his 34 felony convictions wiped clean, his lawyers said last month that they plan to argue. Just how Trump leaps from presidential immunity to president-elect immunity has yet to be fleshed out. Jane Rosenberg/Pool Photo via APThe argument that a president-elect has immunitySo why does Trump believe he enjoys presidential immunity from prosecution even now, as president-elect? Advertisement"President Trump has already commenced this complex, sensitive, and intensely time-consuming process," the two lawyers wrote of the transition on November 8.

Persons: Trump, Donald Trump, Juan Merchan, Stormy Daniels, DANY's, Todd Blanche, Emil Bove, Blanche, Attorney Alvin Bragg, Bragg, —, SCOTUS, Jane Rosenberg, Bove, Jack Smith, Trump's, Justin Lane Organizations: US, New, Trump, Manhattan, Attorney's Office, District, Attorney, Prosecutors, New York Locations: New York, Bove, Manhattan

☆ How Trump's mass deportation plan can use AI to extend immigration crackdown
▼ + stars: | 2024-12-01 | by ( Kevin Williams | ) www.cnbc.com time to read: +9 min

An AI immigration dragnet vs. AI deregulation and growthRemaya Campbell, acting commissioner for Homeland Security for the District of Columbia, said that AI could automate immigration-related decision-making, bypassing traditional processes. "And in the Trump administration, that could certainly mean reinforcing intersectional biases to align with political priorities," she said. "Expectations are that a Trump administration would push for even more AI surveillance, potentially introducing autonomous patrols and expanding biometric screening," Sahota said. While this could improve border security, it could also spark concerns around privacy, particularly for those living near borders. She thinks AI will blossom and be deregulated in a Trump administration.

Persons: Alejandro Mayorkas, Biden's, Homan, Trump, Thomas Homan, Stephen Miller, Donald Trump, Petra Molnar, Harvard University's Berkman Klein, " Molnar, There's, Molnar, Remaya Campbell, Campbell, Neil Sahota, Sahota, Sahotra, Laura MacCleery, MacCleery, Marina Shepelsky, Shepelsky, Elon Musk Organizations: DHS, Department of Homeland Security, Artificial Intelligence, Security Board, Trump, . Immigration, Customs, NBC News, Intelligence, Harvard, Harvard University's Berkman Klein Center for Internet, Society, Democratic Party, Democratic, Homeland Security, District of Columbia, United Nations, Good Initiative, Trump . DHS's Customs, Border, Unidos U.S, Law, Elon Locations: United States, Tucson , Arizona, New York, Trump

☆ The 10 most expensive ZIP codes in the U.S.—median home prices in No. 1 are almost $8 million
▼ + stars: | 2024-11-30 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

Atherton, California, is the wealthiest ZIP code in the United States, with median home prices reaching $7.75 million, according to RealtyHop's latest annual report on the nation's most expensive areas. The second-most expensive ZIP code is Fisher Island, Florida, south of Miami Beach. The study also examined the three most expensive ZIP codes in each state and district, finding that the median price of homes among them all was $1.28 million. To compile the rankings, RealtyHop looked at median listing prices for all types of homes in all ZIP codes in the U.S. between Jan. 1, 2024, and Oct. 15, 2024. Any listings with invalid ZIP codes or single-building ZIP codes were excluded from the study.

Persons: RealtyHop Organizations: Stanford University, Fisher, Miami, Newport, CNBC Locations: Atherton , California, United States, Silicon, Fisher Island , Florida, Miami Beach, , New York, America, RealtyHop, Miami Beach , Florida, New York, , Georgia, , Wyoming, Newport Coast , California, Santa Barbara , California, Wilson , Wyoming, Medina, Washington, U.S

President-elect Donald Trump announced Saturday he would pick Kash Patel, a 44-year-old loyalist with little significant experience in federal law enforcement, to serve as director of the Federal Bureau of Investigation. Patel, who will have to earn Senate confirmation to become FBI director, has earned a reputation as the ultimate Trump loyalist who has spread baseless "deep state" conspiracy theories and called for a purge of perceived Trump enemies in the FBI. He's arguably the least qualified person ever nominated for a senior position in federal law enforcement," said a former senior law enforcement official who interacted with Patel. "The Deep State is an unelected cabal of tyrants who think they should determine who Americans can and cannot elect as president," Patel wrote. The current FBI director, Christopher Wray, was scheduled to complete his ten-year term in 2027.

Persons: Kash Patel, Christopher Miller, Donald Trump, Kash, Trump, Patel, Matt Gaetz, firebrand Trump, Christopher Wray, Trump's, Chris Miller, Gina Haspel, William Barr, Barr, Joe Biden, Marc Short, Mike Pence Organizations: Republican, Whiskey, Federal Bureau of Investigation, American People, Fidelity, Bravery, FBI, Trump, Republicans, firebrand, DOJ, Former FBI, National Security Council Locations: Tucson , Arizona, Trump, Russia, Trump's

☆ Stocks making the biggest moves midday: Advance Auto Parts, Robinhood, chip equipment makers and more
▼ + stars: | 2024-11-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading: Chip equipment stocks — Global chip equipment stocks rose on news that the Biden administration is considering further sanctions on sales of semiconductor equipment and artificial intelligence memory chips to China that could be less strict than earlier proposals. Advance Auto Parts — Shares dropped 7% after credit rating agency Moody's Ratings downgraded the auto parts company's senior unsecured debt to Ba1, below investment grade, according to FactSet. Hasbro — Shares jumped 2% after Elon Musk floated the prospect of acquiring the toymaker to secure the rights to Dungeons & Dragons. Zeta Global Holdings — The marketing software stock climbed 5.5% after the company's CEO called a recent short seller report "erroneous" on CNBC's "Closing Bell" on Wednesday. Crypto stocks — Stocks tied to the price of bitcoin rose as the cryptocurrency climbed closer to the $100,000 milestone.

Persons: Biden, ASML, Robinhood, Moody's, Elon Musk, Stocks, Yun Li, Jesse Pound, Hakyung Kim, Sarah Min, Sean Conlon, Pia Singh, Tanaya Macheel Organizations: Materials, KLA Corporation, Lam Research, Bloomberg, U.S . Securities, Exchange Commission, Trump, Advance, Hasbro —, Elon, U.S . Target, Costco, Walmart, Zeta Global Holdings, Holdings Locations: China, Dutch, Ba1

☆ CNBC's Inside India newsletter: The causes and costs of India's brain drain
▼ + stars: | 2024-11-28 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +10 min

(Photo by Sanchit Khanna/Hindustan Times via Getty Images)This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Raj is looking for jobs outside India and says he is "willing to go anywhere and do anything." "My parents took a [1.9 million Indian rupee] ($22,491) loan for my degree, so I studied hard and interned to find a well-paying job quickly," the 27-year-old, told CNBC's Inside India. Speaking to CNBC's Inside India, Ghosh — a professor formerly at India's Jawaharlal Nehru University and currently at the University of Massachusetts Amherst — noted "there is definitely a jobs crisis in India." This shift in perspective has translated to "brain drain," being considered as a "term from the last century," Sunaina Kumar, a senior fellow at think tank the Observer Research Foundation (ORF), told CNBC's Inside India.

Persons: Sanchit Khanna, Raj, Keshav Raj, Anurag Sinha, Sinha, aspirational, Jayati Ghosh, Ghosh —, University of Massachusetts Amherst —, They've, Ghosh, Sundar Pichai, Satya Nadella, Leena Nair, Subrahmanyam Jaishankar, Sunaina Kumar, Kumar, ORF's Kumar, foundit's Sinha Organizations: Hindustan Times, Getty, ., SRM Institute of Science & Technology, United Arab, India, India's Jawaharlal Nehru University, University of Massachusetts Amherst, International Labour Organization, UN, Microsoft, Institute of South Asian Studies, National University of Singapore, Observer Research Foundation, Bank, South Locations: DELHI, INDIA, Anand, New Delhi, India, Indonesia, Tamil Nadu, Canada, Australia, United Arab Emirates, U.S, Europe, Indian

President-elect Donald Trump said he intends to nominate Dr. Jay Bhattacharya, a Stanford University professor known for his criticism of Covid lockdowns, to serve as the next director of the National Institutes of Health. In a statement Tuesday, Trump said, "Dr. Bhattacharya will work in cooperation with Robert F. Kennedy Jr. to direct the Nation's Medical Research, and to make important discoveries that will improve Health and save lives." Bhattacharya gained national attention in October 2020, when he co-wrote the "Great Barrington Declaration," an open letter calling on public health officials to roll back Covid lockdowns. Several days after the Great Barrington Declaration came out, 80 researchers from the fields of public health, epidemiology and more published a joint letter in the medical journal The Lancet, calling the idea "a dangerous fallacy." Tedros Adhanom Ghebreyesus, the director general of the World Health Organization, called the proposal unethical.

Persons: Donald Trump, Jay Bhattacharya, Covid, Trump, Dr, Bhattacharya, Robert F, Kennedy Jr, Kennedy, Jim O’Neill, O'Neill, Bush, Martin Kulldorff, Sunetra Gupta, Ghebreyesus, ” Ghebreyesus, Anthony Fauci Organizations: Stanford University, National Institutes of Health, Nation's, Research, Health, Department of Health, Human Services, Centers for Disease Control, Food and Drug Administration, Harvard, Oxford, World Health Organization, National Institute of Allergy Locations: American, Barrington

☆ Thanksgiving travel snarled by coast-to-coast storm bringing rain and snow
▼ + stars: | 2024-11-27 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +5 min

The storm, already dropping snow over the Rockies Wednesday morning, is forecast to race east throughout today to the Midwest and Northeast through Thanksgiving. For road travelers, I-80, I-64, I-75 will be impacted by rain Wednesday, and I-25 and I-70 with snow in the Rockies. Thanksgiving Day will bring a mess of rain for the I-95 corridor from Florida to Maine, and accumulating snow for the interior Northeast and northern New England. The iconic Macy’s Thanksgiving Day Parade will go on rain or shine, as the Big Apple is forecast to see soaking rain with temperatures in the 40s. People enter LaGuardia Airport in New York City on one of the busiest travel days of the year on Tuesday.

Persons: Louis, NBC News's Al Roker, Spencer Platt, Maj, Kelley Collier, Katy, “ I’m Organizations: Rockies, TSA, Airports, NBC, Newark Liberty International, Apple, Washington DC, ., Washington D.C, People, LaGuardia, East, Jackson Atlanta International Airport, Atlanta Police, Atlanta Airport, Dallas Fort Worth, DFW Airport Police, NBC News, Columbus International Airport, Police Locations: Midwest, Northeast, St, Indianapolis, Pittsburgh, Denver , Kansas City, Nashville, Dallas, Houston, Austin, New Jersey, Florida, Maine, New England, Hudson, New York, England, East Coast, Baltimore, Washington, Hartford, Boston, Virginia, Maryland, Great, Atlanta, Charlotte, Philadelphia, NYC, Buffalo, New York City, Great Lakes, Chicago, Detroit, West, Minneapolis, Hartsfield, DFW

“I’ll be withdrawing my name from consideration to serve as Attorney General,” now-former Florida Rep. Matt Gaetz posted on social media. Once the nation’s largest swing state, Florida is now stocked with Trump allies and a comfortable home turf for Republicans. It’s a state Trump won by more than 10 percentage points, up from his three-point win in 2020. “You need an Attorney General on Day 1 to be able to executive your plan,” a Trump official said. “I am kind of surprised other states are not pushing back harder, but they just are not.”“But that kind of makes sense to a degree,” Iarossi added of the state Trump won easily.

Persons: Donald Trump’s, “ I’ll, ”, Matt Gaetz, “, ” Gaetz, didn’t flinch, Trump, Gaetz, Pam Bondi, It’s, Evan Power, “ Trump, Sen, Marco Rubio, Mike Walz, Dave Weldon, Nick Iarossi, Iarossi, Susie Wiles, Trump’s, James Blair, Wiles, Blair, Tony Fabrizio, Brian Hughes, Danielle Alvarez, Alex Garcia, “ Susie, Brian Ballard, Bondi, Trujillo, Katie Wiles, “ It’s Organizations: Mar, Trump’s, Florida Rep, DOJ, Congress, Trump, Republicans, Republican Party of Florida, White, Gaetz, State, for Disease Control, Washington, BGR, Florida GOP, Florida, Ballard Partners, Continental, Organization of American, NBC News Locations: Palm, Florida, “ Florida, Lago, Bondi, Miami, Washington

☆ Walmart pulls back on DEI efforts, removes some LBGTQ merchandise from website
▼ + stars: | 2024-11-26 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

Walmart on Monday confirmed that it's ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. Those companies include Tractor Supply , which said in June it was eliminating DEI roles and stopping sponsorship of Pride festivals. Among the changes, Walmart will no longer allow third-party sellers to sell some LGBTQ-themed items on Walmart's website, including items marketed to transgender youth like chest binders, company spokeswoman Molly Blakeman said. It's also moved away from using the term "diversity, equity and inclusion" or DEI in company documents, employee titles and employee resource groups. Walmart's DEI changes were first reported by Bloomberg News.

Persons: Molson Coors, Bud, Molly Blakeman, George Floyd's, It's, Blakeman, Robby Starbuck, Starbuck, Walmart's Organizations: Walmart, U.S, Tractor Supply, Pride, Ford, Molson, Anheuser, Busch, Bud Light, Human Rights, for Racial Equity, Supply, Bloomberg News Locations: U.S ., America

☆ The Philippines' vice president has publicly threatened to assassinate her boss and his wife
▼ + stars: | 2024-11-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

Vice President Sara Duterte said on Saturday that she'd spoken to a hitman to kill her boss and his wife. Philippine Vice President Sara Duterte openly threatened on Saturday to assassinate the country's president, marking the deepest fracture yet in an alliance they once formed for the 2022 election. AdvertisementEduardo Año, national security advisor to the president, added that authorities considered Duterte's threat a "matter of national security." But she also blasted the national security council, saying that its responsibilities related to the safety of the country, not a vice president's remarks about a president. AdvertisementA partnership doomed from the startIn the Philippines, the vice president and president are elected separately and don't necessarily hail from the same party or ideology, though Duterte and Marcos positioned themselves as running mates.

Persons: Sara Duterte, Duterte, I've, Ferdinand, Bong Bong, Marcos, you'll, BBM, Liza Araneta, Martin Romualdez, Eduardo Año, Duterte's, Rodrigo Duterte, Ferdinand Marcos Sr, Ronald Holmes, gunning, —, Jorge Tigno, that's, Holmes, Tigno Organizations: of Representatives, voters, De La Salle University, of Education, Lawmakers, University of, Duterte, Senate, Business Locations: Philippines, Manila, China, Southeast

☆ Inside the Trump-Fueled Lobbying Frenzy From Mar-a-Lago to Washington
▼ + stars: | 2024-11-25 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +9 min

Never before, lobbyists say, has the geographic center of power shifted so dramatically with the arrival of a new administration. By leveraging his access to Trump, Ballard Partners was able to compete with the old white-shoe lobbying firms that have been the industry's dominant players for decades. Corporate clients need lobbyists who appreciate that Trump is "disrupting the status quo in Washington," Sayfie, the Ballard lobbyist, says. Some major companies, lobbyists say, have been caught off guard by the rapid pace of Trump's transition moves. Those who bankroll his staff and travel before he takes office, lobbyists say, stand to build connections and curry favor with the once and future commander in chief.

Persons: Donald Trump, Bill Helmich, Trump, Evan Power, who's, MAGA, Justin Sayfie, we've, Andrew Jackson, Trump's, Brian Ballard, Ballard, Jeffrey Brooks, Adams, Reese, Susie Wiles, Pam Bondi, Alex Brandon, Matt Slocum, Colin Roskey, Dave Wenhold, Miller, There's, Scott Mason, Knight, John Deere, Mason, Dave Levinthal Organizations: White House, Business, Florida GOP, Mar, Trump, Republicans, America, Washington, Ballard Partners, Google, American Airlines, Honda, Reynolds American, Geo Group, American Health Care Association, White, Facebook, Washington D.C Locations: Washington, —, Florida, Palm Beach, Doral, Mar, Holland

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