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☆ California's attorney general is investigating a school district over its handling of Rosemead High sex abuse claims
▼ + stars: | 2024-10-28 | by ( Matt Drange | ) www.businessinsider.com time to read: +9 min

The California attorney general is investigating the El Monte Union High School District in Southern California. The action follows Business Insider's reporting on a pattern of sexual misconduct at one district school, Rosemead High. Investigators are looking at compliance failures related to "suspected child abuse, sexual abuse, assault." AdvertisementThe California attorney general is investigating a Southern California school district over whether it properly handled claims of educator sexual abuse and misconduct, records reviewed by Business Insider show. Investigating a local school district is a rare step for the top law enforcement office in the state.

Persons: —, Kamala Harris, Rob Bonta, Robin Torres, Torres, Edward Zuniga, Mark Abramson, Zuniga, Michael Carrillo, Carrillo, Edwin Reyes, Villegas, Jane Doe, Reyes, Stewart, Jenny Louro, Credentialing, Reyes Villegas, Herbert Ortiznmonroy, Ortizmonroy, Coach Ortiz, Jane, Alex Rai, Rai, Dominique Boubion, Matt Drange Organizations: El Monte Union High School District, Service, Business, BI, Redlands Unified, Redlands, El, Children's, Rosemead, US Department of Education, Manly, California Bureau Locations: California, Southern California, Redlands, El Monte Union, El Monte, Rosemead, El Monte district

☆ Added sugar: How to cut out or lower your intake
▼ + stars: | 2024-10-28 | by ( Andrea Kane | ) edition.cnn.com time to read: +7 min

Consuming added sugar has become a part of life, woven into almost every meal. Americans 2 years and older consume on average 17 teaspoons of added sugar a day, according to the most recent government data available. Put sugary foods in their rightful placeSave sugary foods for desserts; don’t allow them to creep into every part of your diet. “This means enjoy the sugar that you do eat by baking together and savoring together, making the (added) sugar that you do eat part of celebrating life,” she said. Look for the line that shows you the “added sugar” content in a food to tally up the grams of excess sugar you consume in a day.

Persons: Sanjay Gupta, you’re, Dr, Laura Schmidt, Schmidt, She’s, that’s, ”, it’s, ” Schmidt, savoring Organizations: CNN, American Heart Association, US Department of Agriculture, World Health Organization, School of Medicine, University of California, UC San Francisco, “, National Institutes of Health Locations: San Francisco, —

☆ AOC and progressive allies want the federal government to build over a million homes. Even YIMBYs don't think it's a good idea.
▼ + stars: | 2024-10-27 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

AOC is behind a new bill to create a federal social housing developer. Unlike traditional American public housing, which is usually reserved for low-income families, social housing is intended to be mixed-income. But some pro-housing policy experts — who subscribe to the YIMBY, or Yes in My Backyard, movement — are skeptical that a federal social housing authority makes sense. Related storiesGallagher, a Democrat who represents gentrifying neighborhoods in North Brooklyn, was struck by the stability created by social housing in Vienna. Congress would likely not support a federal social housing authority until there is evidence of its success at the state level.

Persons: —, Kamala Harris, Alexandria Ocasio, Cortez, Sen, Tina Smith, Minnesota —, Emily Gallagher, Gallagher, Hillary Schieve, Jenny Schuetz, Shane Phillips, Schuetz, Tricky Organizations: Democratic, Service, — Rep, New, Democrat, Yorkers, Brookings Institution, Lewis Center for Regional Policy, Homes, US Department of Housing, Urban Locations: Washington, Alexandria, Minnesota, Austria, New York, North Brooklyn, Vienna, Rhode, Atlanta, California, Montgomery County , Maryland, Reno , Nevada

☆ Lyft agrees to pay $2.1 million penalty after FTC says company made 'deceptive' claims about how much drivers can earn
▼ + stars: | 2024-10-26 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

Lyft agreed to a proposed settlement that included a $2.1 million civil penalty. AdvertisementLyft has agreed to pay a $2.1 million civil penalty as part of a proposed settlement following a federal lawsuit, according to the Federal Trade Commission. Lyft agreed to a proposed settlement that included a $2.1 million civil penalty. Related stories"After productive discussions, we have agreed to pay the FTC $2.1 million USD to resolve their concerns. AdvertisementThe settlement requires Lyft to pay a $2.1 million civil penalty.

Persons: Lyft, —, Kelly Sullivan Organizations: US Department of Justice, Lyft, FTC, Service, Federal Trade Commission, Federal Trade, Drivers Locations: New Jersey

☆ Costco recalls salmon products over listeria contamination concern
▼ + stars: | 2024-10-25 | by ( John Towfighi | ) edition.cnn.com time to read: +7 min

CNN —Costco is recalling smoked salmon products over possible listeria contamination. There have been at least 10 reported deaths and 59 hospitalizations across 19 states due to the listeria outbreak, according to the CDC. In October, there have multiple instances of recalls like Costco’s salmon products due to potential listeria contamination, according to the FDA, which tracks public announcements. While the recalls come on the heels of the Boar’s Head listeria outbreak and McDonald’s E. coli outbreak, experts told CNN that an increase in recalls over potential contamination isn’t necessarily cause for concern. On October 24, the FDA announced a recall of chicken taco kits produced by Sprouts Farmers Markets over potential listeria contamination.

Persons: Salmon, Costco’s, Francisco Diez, Gonzalez, BrucePac, Diez, ”, ” Diez, “ It’s, bode Organizations: CNN, Costco, US Center, Disease Controls, Kirkland, Acme, Fish Corp, CDC, listeria, US Food and Drug Administration, FDA, Center for Food Safety, University of Georgia, Farmers, Treehouse Foods, Target, Walmart, US Department of Agriculture, Consumers Locations: Virginia

☆ Amid McDonald’s-linked E. coli outbreak, here are symptoms to watch for and ways to stay safe
▼ + stars: | 2024-10-24 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +7 min

CNN —An outbreak of infections linked to McDonald’s Quarter Pounders has a lot of people across the United States concerned about their exposure to dangerous E. coli bacteria. The type of bacteria that has been implicated in this outbreak is E. coli O157:H7. E. coli, or Escherichia coli, is a common type of bacteria that lives in the intestines of people and animals, but some E. coli can make people sick. For E. coli O157:H7, antibiotics are controversial and are generally not recommended based on some evidence that they can actually increase the risk of hemolytic uremic syndrome,” he said. Thoroughly cooking meat to an internal temperature of 160 degrees Fahrenheit throughout kills E. coli O157:H7, according to the US Department of Agriculture.

Persons: it’s, ”, James Gaensbauer, Dr, Marcus Pereira, ” Gaensbauer, “, Gaensbauer, Leana Wen, Wen, ” Pereira, ” Wen, Sanjay Gupta Organizations: CNN, US Centers for Disease Control, Mayo Clinic Children’s Center, Columbia University College of Physicians, ”, Food and Drug Administration, George Washington University Milken Institute School of Public Health, CDC, US Department of Agriculture, Get CNN, CNN Health Locations: United States, Rochester , Minnesota, Shiga, –

☆ US attack submarine crew picks up top award for 'demanding' spy operations
▼ + stars: | 2024-10-24 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

The USS Washington submarine was awarded the Presidential Unit Citation after a series of secret intel operations. The PUC is the highest unit award in the US Department of Defense. AdvertisementA US attack submarine crew was honored with a top award after running "demanding" secret intelligence-gathering missions. The crew's recent deployment involved "three demanding missions vital to national security that resulted in obtaining sensitive and unique intelligence information," the Navy said. The Virginia-class fast-attack submarine USS Indiana surfaces in the Beaufort Sea during Operation Ice Camp.

Persons: —, Timothy Poe, Joe Biden, Ace Foster, Rob Gaucher Organizations: USS, intel, PUC, US Department of Defense, Service, Sixth, Submarine Forces Atlantic, Navy, Camp, US Navy, Ace, Department of Defense, Submarine Forces, Huntington Ingalls Industries, General Dynamics ' Locations: USS Washington, Virginia, Russia, Europe, Africa, Washington, Indiana, Beaufort, III Virginia

☆ Inside Amazon's nuclear ambitions, its 'Piano Man' project, and CEO Andy Jassy's support
▼ + stars: | 2024-10-24 | by ( Eugene Kim | ) www.businessinsider.com time to read: +8 min

The company's energy strategy team recently pitched CEO Andy Jassy on the benefits of nuclear power. AdvertisementIn June, Amazon's Global Energy Strategy team pitched CEO Andy Jassy the idea of doubling down on nuclear power to support its growing network of data centers. Jassy agreed, according to an internal Amazon document from the third quarter that was obtained by Business Insider. The company considered tapping into at least four additional existing nuclear power plants and sought even more small modular reactor deals. Nuclear power can be safer, more reliable, and more cost-efficient in the long term compared to other power sources, according to Jacopo Buongiorno, a nuclear engineering professor at MIT.

Persons: Andy Jassy, —, Thos Robinson, It's, Sam Altman, Jassy, Jacopo Buongiorno, Buongiorno Organizations: Service, Amazon's Global Energy, Business, Amazon, Amazon Web Services, Hulton, Google, Kairos, Microsoft, Amazon's Global Energy Strategy, BI, US Department of Energy, MIT, Global Energy Strategy Locations: Pennsylvania, Fukushima, Maryland, Texas

☆ Royal Caribbean passengers are suing over an employee who recorded women and kids with hidden cameras
▼ + stars: | 2024-10-23 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +5 min

Passengers are suing Royal Caribbean after a cabin attendant was found guilty of hidden recordings. AdvertisementPassengers are suing the Royal Caribbean cruise line after a cabin attendant was sentenced to 30 years in prison for secretly recording adults and children in states of undress with hidden cameras. In one lawsuit, a Hawaii-based passenger, identified as Jane Doe, is seeking $75,000 in damages from Royal Caribbean. It argues that Royal Caribbean should have foreseen the risk of sexual assault, given the prevalence of such incidents on ships. Royal Caribbean Cruises stock closed at $203.35 on Tuesday, up 1.72%, and close to the 52-week-high reached last Thursday.

Persons: —, Jane Doe, Arvin Joseph Mirasol, Mirasol, Bernardo Pimentel, Pimentel, Marisol Organizations: Royal Caribbean, Service, Royal, Broward Sheriff's, Unit, Leesfield, Partners, US, Office, Southern, Southern District of, Homeland Security Investigations, Customs, Border Protection, Mirasol, US Department of Transportation, Business, Royal Caribbean Cruises Locations: Hawaii, Royal Caribbean, New Hampshire, Southern District, Southern District of Florida, Caribbean

☆ More employers say they don't care if you went to college. Most still seem to.
▼ + stars: | 2024-10-20 | by ( Tim Paradis | ) www.businessinsider.com time to read: +10 min

Employers might not ask if you have a degree, but many still care, a labor market expert told BI. AdvertisementDeming said many employers look upon a worker with a four-year degree as an investment — one that can be molded into what the firm wants. "What people are looking for, because it's the easiest and laziest filter, is a four-year degree from a 'good school,'" he said. "He's been the finalist for five different positions where they said, 'You're actually the best candidate we interviewed, but we require a four-year degree,'" Hyams said. Often, that might mean a four-year degree.

Persons: —, Ranji McMillan, that's, McMillan, She's, what's, McMillan David Deming, Deming, Mona Mourshed, Mourshed, Chris Hyams, Hyams, He's, Forsa, Gartner, Jon Lester, Lester, they've Organizations: Service, Ranji, McMillan, Harvard's Kennedy School, Glass, Harvard Business School, Census, McKinsey & Company, Boston Consulting Group, Employers, Workers, US Department of, Georgetown University Center, Education, Savvas Learning Company, IBM, BI, Research, McKinsey Locations: Northridge, Los Angeles, America

☆ What do we know about Israeli killing of Hamas mastermind and what happens next?
▼ + stars: | 2024-10-18 | by ( Jessie Yeung | ) edition.cnn.com time to read: +8 min

The Israeli military previously surrounded Sinwar’s house and carried out an intensive assault on his hometown of Khan Younis, but could not find him. The troops returned fire with a tank, then flew a drone into the heavily damaged building, according to the Israeli military. Sinwar had been trying to escape to the north when he was killed, said another Israeli military spokesperson on Thursday. The talks involved senior figures from Israel, Hamas, the United States, Qatar and Egypt. Mohammed Sinwar recently took over as Hamas’ military commander, a senior Israeli official told CNN last month.

Persons: Yahya Sinwar, Ismail Haniyeh, Benjamin Netanyahu, Sinwar’s, Khan Younis, Sinwar, biometrics, Mohammed Salem, Majdal –, ”, Israel, ’, it’s, Mohammed Deif, Joe Biden, Netanyahu, Mohammed Sinwar, Mohammed, Hassan Nasrallah, “ Sinwar, Mumen Khalili Organizations: CNN, Hezbollah, Sinwar, REUTERS, US Department of State, European Union Locations: Israel, Lebanon, Hamas, Iran, Gaza, Rafah, Jerusalem's Al, Gaza City, Al, Ashkelon –, United Kingdom, France, bunkering, United States, Qatar, Egypt

☆ 3 major hurricanes in the last 13 months did billions of dollars of damage to Florida's farmlands — and that was before Milton
▼ + stars: | 2024-10-18 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Hurricane Milton's estimated damage to Florida's agriculture could go up to $2.5 billion. That's according to estimates from the Florida Department of Agriculture and Consumer Services. AdvertisementHurricane Milton singlehandedly wrecked as much havoc on Florida's agriculture as three other major hurricanes combined, according to new estimates from the state's agriculture department. The commodities affected by hurricane damage include animal products, citrus and non-citrus fruit farming, field crops, greenhouses, and vegetable farming, per the damage assessment. Representatives of Florida's Department of Agriculture didn't respond to a request for comment from Business Insider, sent outside business hours.

Persons: Idalia, Debby, —, Milton, — Helene, Wilton Simpson, Tom Vilsack, Simpson, Hurricane Milton, Hurricane Helene, Helene Organizations: Florida Department of Agriculture, Consumer Services, Hurricanes, Service, Milton, US Department of Agriculture, Department of, Agricultural Statistics Service, National Agricultural Statistics Service, Fitch, Hurricane, Analytics, Moody's Analytics, Florida's Department, Agriculture, Business Locations: Milton, Florida, Florida's

☆ Who was Hamas leader Yahya Sinwar?
▼ + stars: | 2024-10-17 | by ( Kara Fox | Ivana Kottasová | ) edition.cnn.com time to read: +6 min

CNN —Hamas leader Yahya Sinwar, believed to be one of the architects of the militant group’s October 7, 2023, terror attack and Israel’s most wanted man, was killed in Gaza on Wednesday, according to the Israeli military. He was also viewed as a pragmatic political leader by some: In 2017, Hamas elected Sinwar as the political chief of its main decision-making body, the Politburo, in Gaza. At one of the protests, Sinwar applauded those facing “the enemy who besieges us.”As the group’s political leader, Sinwar focused on the group’s foreign relationships, forging important ties with regional Arab powers. Yahya Sinwar, center, with the late Hamas leader Ismail Haniyeh, left, take part in the funeral of senior militant Mazen Fuqaha in Gaza City on March 25, 2017. The talks involved senior figures from Israel, Hamas, the United States, Qatar and Egypt.

Persons: Yahya Sinwar, Sinwar, ”, Khan Younis, bunkering, Ismail Haniyeh, Hamas ’, Majdal –, Ashraf Amra, Shutterstock Sinwar, Gilad Shalit, “, –, Mazen, Mohammed Salem, Mohammed al, Masri, Mohammed Deif, Al, Marwan Issa Organizations: CNN, Hamas, Islamic University, Open University, European Council, Foreign Relations, Israel, Brigades, US Department of State, European Union Locations: Gaza, Tehran, Al, Ashkelon –, Aqsa, Palestine, Gaza City, Israel, Israeli, Italian, Islam, Iran, United States, Qatar, Egypt, United Kingdom, France

CNN —The Israeli military confirmed on Thursday that Hamas leader Yahya Sinwar, believed by Israel to be chief architect of the militant group’s deadly October 7, 2023, terror attack that set off the war in Gaza, had been killed in battle. After completing the process of identifying the body, it can be confirmed that Yahya Sinwar was eliminated.”Two Israeli sources familiar with the matter told CNN earlier that Israeli forces encountered Sinwar during a routine military operation. Sinwar, pictured center, attends the funeral of a senior Hamas militant alongside Ismail Haniyeh in Gaza City in 2017. A longtime figure in the Islamist Palestinian group, Sinwar was responsible for building up Hamas’ military wing before forging important new ties with regional Arab powers as the group’s civilian and political leader. He was elected to Hamas’ main decision-making body, the Politburo, in 2017 as the political leader of Hamas in Gaza branch.

Persons: Yahya Sinwar, Sinwar, ” “, Israel, Ismail Haniyeh, Mohammed Salem, Reuters Sinwar, ”, Mohammed Deif, Al, Marwan Issa Organizations: CNN, Israel Defense Forces, ISA, Southern Command, 828th Brigade, Israeli Army Radio, IDF, Hamas, Reuters, Israel, ’, US Department of State, Biden Locations: Israel, Gaza, Hamas, Gaza City, Gaza . Israel, Sinwar, United Kingdom, France

☆ GM makes a $625 million lithium-battery move to shore up its EV supply chain
▼ + stars: | 2024-10-16 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

General Motors is investing $625 million in the electric vehicle supply chain. The funds will help Lithium Americas Corp develop and operate a major lithium mine in Nevada. Despite EV production cuts, GM aims to strengthen the domestic lithium supply chain. AdvertisementDetroit-based automaker General Motors is pumping money into the domestic supply chain for electric vehicle batteries. Related stories"Today's joint venture announcement is a win-win for GM and Lithium Americas," Evans continued.

Persons: —, Jonathan Evans, " Evans, Jeff Morrison, GM's Organizations: Motors, Americas Corp, Service, General Motors, EV, GM, US Department of Energy, DOE, Lithium, Rio Tinto, Street Journal Locations: Nevada, Detroit, Humboldt County , Nevada, Thacker, North America, Lithium Americas, Rio

☆ Lufthansa fined for violating 128 Jewish passengers’ civil rights
▼ + stars: | 2024-10-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Lufthansa, Germany’s biggest airline, has been fined a record $4 million for discriminating against Jewish passengers, the US Department of Transportation announced Tuesday. The fine stems from a May 2022 incident in which the airline prohibited 128 Jewish passengers from boarding. The crew said that some passengers obstructed flight attendants in economy class from its on-board food and beverage service, “inconvenienced other passengers” and argued with the crew about wearing masks. The DOT said that Tuesday’s penalty is its largest ever issued by the federal agency for civil rights violations. “No one should face discrimination when they travel, and today’s action sends a clear message to the airline industry that we are prepared to investigate and take action whenever passengers’ civil rights are violated,” said US Transportation Secretary Pete Buttigieg in the release.

Persons: ”, “, Pete Buttigieg, Lufthsansa Organizations: New, New York CNN, Lufthansa, Germany’s, US Department of Transportation, DOT, CNN, American Jewish Committee Locations: New York, Frankfurt, Budapest

☆ Trump says Google has 'a lot of power' and he would do 'something' about it — but stops short of favoring a break-up
▼ + stars: | 2024-10-15 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +4 min

Donald Trump was asked Tuesday about Google's antitrust challenges. Trump said Google "has a lot of power" but didn't say he favored a breakup. When asked, "Should Google be broken up," Trump said that Google has "a lot of power" and that he would "do something" about it. "I give them a lot of credit, they've become such a power," Trump said of Google. "At the same time, it's a very dangerous thing because want to have great companies — we don't want China to have these companies.

Persons: Donald Trump, Trump, —, they've, Kamala Harris, Mark Zuckerberg Organizations: Google, Service, US Department of Justice, Bloomberg, TikTok, Business, Big Tech, DOJ Locations: China, crosshairs

☆ Microsoft lost billions of dollars on HoloLens, and its huge IVAS military contract is in trouble
▼ + stars: | 2024-10-14 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +7 min

The company's 10-year IVAS contract to make goggles for the Army is worth up to $22 billion. HoloLens historyMicrosoft's HoloLens device was unveiled in 2015. While the 10-year IVAS contract was expected to be worth as much as $22 billion, it suffered delays and has been plagued by quality and performance problems . AdvertisementIn September, Microsoft tapped Anduril to help with its military contract. Palmer Luckey, a virtual-reality pioneer who founded Anduril, recently described the IVAS contract as his "top priority."

Persons: —, That's, that's, It's, HoloLens, Alex Kipman, Kipman, Panos Panay, Palmer Luckey, Ashley Stewart Organizations: Microsoft, Service, US Army, US Department of Defense, Department of Defense, Google, BI, Amazon, Meta, Apple, Labs, Bloomberg, Breaking Defense Locations: IVAS

☆ NATO fighter pilots break down their Eurofighter vs F-35 dogfight with cockpit video and paper airplanes
▼ + stars: | 2024-10-11 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Two NATO fighter jet pilots discussed their recent Eurofighter vs F-35 dogfighting competition. The pilots used paper airplanes to talk about their fight and their various maneuvers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTwo NATO fighter jet pilots recently compared notes after going head-to-head in a "dogfight" in the skies above Germany. Patrick Pearce discussed their battle during a dogfighting competition at Ramstein Air Base and the differences between their respective Eurofighter and F-35 jets.

Persons: —, Alexander Grant, Patrick Pearce, they've, Grant, Leonardo, Pearce, Lockheed Martin, they'd, I've, Valerie R, Seelye, weren't Organizations: NATO, US, Service, US Department of Defense, Ramstein Air Base, Eurofighter, US Air Force, Airbus Defense, Space, BAE Systems, Lockheed, German Eurofighter, Allied Air Command Locations: Germany, Europe, European, Belgium, Denmark, Finland, France, Netherlands, Norway, United Kingdom, United States

☆ TD Bank hit with record $3 billion fine over drug cartel money laundering, source says
▼ + stars: | 2024-10-10 | by ( Jordan Valinsky | Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —TD Bank will pay $3 billion to settle charges that it failed to properly monitor money laundering by drug cartels, regulators announced Thursday. TD also intends to pay $1.8 billion to the US Justice Department and plead guilty to resolve the US government’s investigation that the bank violated of the Bank Secrecy Act and allowed money laundering. The US Department of Justice said in a statement that TD Bank had “long-term, pervasive, and systemic deficiencies” in its procedures of monitoring transactions. TD Bank declined to comment on the fine, but the bank plans to hold a call with investors later on Thursday. TD Bank’s (TD) US-listed shares slumped 5% as investors brace for higher legal expenses and weaker growth.

Persons: FinCEN, TD Bank’s, ” John Aiken, “, Allen Stanford Organizations: New, New York CNN —, Bank, US Treasury Department’s, US Justice Department, US Department of Justice, Street Journal, TD Bank, Jefferies, ”, Justice, Treasury, CNN Locations: New York

☆ US government considers a breakup of Google
▼ + stars: | 2024-10-09 | by ( Clare Duffy | Brian Fung | ) edition.cnn.com time to read: +3 min

The US Department of Justice in a court filing Tuesday night said it may recommend dismantling Google’s core businesses, separating Google’s search business from Android, Chrome and the Google Play app store. “That would prevent Google from using products such as Chrome, Play, and Android to advantage Google search and Google search-related products and features — including emerging search access points and features, such as artificial intelligence — over rivals or new entrants,” the government said in its court filing. The case had been described as the biggest tech antitrust case since the US government’s antitrust showdown with Microsoft at the turn of the millennium. Whatever ultimately happens to Google could set the stage for potential remedies in other, ongoing antitrust cases against tech giants. Google faces a separate case brought by DOJ attorneys, along with 17 states, who allege that its advertising business is anticompetitive.

Persons: ”, Amit Mehta, ” Kent Walker Organizations: CNN, Baby, Google, US Department of Justice, Android, Apple, Microsoft, DOJ, Meta, Ticketmaster

Pittsburgh CNN —In the years that Pennsylvania Senate candidate Dave McCormick led one of the world’s largest hedge funds, the firm bet millions of dollars against some of the state’s biggest and most iconic companies, financial filings show. For financial institutions, short positions can be lucrative. The fund shorted about four dozen companies from Pennsylvania during McCormick’s tenure, the records show. The fund did invest in stocks of some of the same Pennsylvania companies it shorted in other years, and overall, it reported spending more money buying stocks of Pennsylvania companies than shorting them in four of the five annual reports reviewed by CNN. She argued that the short positions Bridgewater took in Pennsylvania companies didn’t negatively impact employees because they represented a small fraction of each company’s overall value.

Persons: Dave McCormick, McCormick, “, ”, Kevin Boltz, Democratic Sen, Bob Casey –, Casey, Luke Sharrett, Elizabeth Gregory, Dave, ” Gregory, Bridgewater, ” McCormick wasn’t, Andrew Jennings, Dan Mallinson, “ They’re, ” Mallinson, “ That’s, ” Eric Talley, Talley, I’m, Justin Merriman, McCormick’s, Biden, Bernie Hall, ” Hall, Gregory, Michael M, Eric Hovde of, Tim Sheehy, Bernie Moreno, dogging McCormick, Mallinson Organizations: Pittsburgh CNN —, Bridgewater Associates, The Hershey Company, US Steel, CNN, US Department of Labor, Republican, Hershey, Democratic, Bridgewater, Bloomberg, Getty, McCormick’s, Bridgewater Equity Fund, Labor, Securities and Exchange Commission, Comcast, Penn National Gaming, Emory University School of Law, Penn State, Columbia University, Steel, Japan's, Nippon Steel, Keystone, Nippon, Pennsylvania, United Steelworkers, Senate, Penn Locations: Pennsylvania, Bridgewater, Harrisburg, Pittsburgh, China, Eric Hovde of Wisconsin, Montana, Ohio

☆ Stock market today: US stocks trade mixed with Fed minutes and rate outlook in focus
▼ + stars: | 2024-10-09 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

US stocks traded mixed as investors looked ahead to the central bank's meeting minutes. Traders are anticipating a quarter-point rate cut in November. Monetary policy is in focus after an unexpectedly hot job report in September, fueling doubt over whether the Fed will issue another jumbo rate cut this year. "The tone of the Fed minutes should not change expectations of further rate cuts—the Fed is still scrambling to catch up with inflation slowing in the US, and started cutting rates late. AdvertisementAccording to Pantheon Macroeconomics, the Fed is more likely to begin cutting rates in 25-basis-point increments rather than issuing another 50-basis-point rate cut.

Persons: —, Paul Donovan Organizations: Service, Reserve, UBS Global Wealth Management, Pantheon, Fed, US Department of Justice

☆ CDC will start screening travelers from Rwanda to the US for Marburg virus
▼ + stars: | 2024-10-07 | by ( Katherine Dillinger | ) edition.cnn.com time to read: +3 min

CNN —Amid an outbreak of Marburg virus in Rwanda, travelers coming into the United States who have been in Rwanda in the previous 21 days will be screened starting next week, the US Department of Health and Human Services announced Monday. There are no confirmed cases of Marburg virus disease – a rare but deadly hemorrhagic disease similar to Ebola – outside Rwanda, and officials have said that the current risk to the US is low. The CDC is also issuing a Level 3 Travel Health Notice, recommending that people reconsider nonessential travel to Rwanda, and sending automated texts to air travelers arriving from Rwanda to share information and instructions. As of Monday, there have been 56 confirmed cases of Marburg in Rwanda, with 36 people in isolation and treatment, and 12 deaths, according to the Ministry of Health. The CDC and the World Health Organization have deployed teams of experts to Rwanda to provide guidance and assistance to public health workers there.

Persons: CNN —, Sean Savett, Dr, Sanjay Gupta, CNN’s Jen Christensen, Donald Judd Organizations: CNN, US Department of Health, Human Services, HHS, US Centers for Disease Control, Prevention, CDC, Ministry of Health, World Health Organization, National Security, CNN Health, MVD Locations: Marburg, Rwanda, United States

☆ These 2024 Republican candidates disputed the 2020 election results
▼ + stars: | 2024-10-05 | by ( Daniel Dale | ) edition.cnn.com time to read: +43 min

The success of so many 2020 election deniers in Republican primaries this year demonstrates that Trump’s ongoing campaign of election lies continues to have a strong hold on his party. Even four years later, candidates’ views on the 2020 election are relevant in important practical ways. Lake also baselessly advocated the imprisonment of Katie Hobbs, who was Arizona’s election chief during the 2020 election and went on to defeat Lake in the 2022 race for governor. (Photo by Chip Somodevilla/Getty Images) Chip Somodevilla/Getty Images/FileSen. Rick Scott voted to object to the congressional count of Biden’s victory in Pennsylvania, though he voted in favor of counting Biden’s victory in Arizona. Pennsylvania: Dave McCormickSenate candidate Dave McCormick of Pennsylvania speaks during the second day of the 2024 Republican National Convention in Milwaukee on July 16, 2024.

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