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CHARLESTON, W.Va. (AP) — Five former correctional officers in West Virginia were indicted by a federal grand jury Thursday in connection with the 2022 death of an incarcerated man who was beaten while handcuffed and restrained in an interview room and later a jail cell. The indictments in West Virginia's southern U.S. District Court come weeks after two different West Virginia corrections officers pleaded guilty to a felony conspiracy charge stemming from the fatal beating of the same inmate, 37-year-old Quantez Burks. The case has drawn scrutiny to conditions and deaths at the Southern Regional Jail. Earlier this month, West Virginia agreed to pay $4 million to settle a class-action lawsuit filed by inmates who described conditions at the jail as inhumane. Two other former corrections officers were indicted Thursday on a charge of failing to intervene in the unlawful assault, resulting in Burks' death.
Persons: Quantez Burks, Burks, Jim Justice's, Brad Douglas, Phil Sword, Mark Holdren, Cory Snyder, Johnathan Walters —, Andrew Fleshman, Steven Wimmer, Walters, Holdren, Snyder Organizations: U.S . Justice Department, Southern Regional, of Corrections, Rehabilitation, Homeland Security, Southern Regional Jail, Associated Press, FBI Locations: CHARLESTON, W.Va, West Virginia, West Virginia's, U.S, Beaver
The logo of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, on Thursday, July 6, 2023. The OPEC+ alliance had already instituted a 2 million barrel per day cut in place until the end of 2024, with several coalition members voluntarily pledging a further 1.66 million barrel per day decline over that same period. While OPEC+ has not formally endorsed production reductions, market participants are following the possibility of further voluntary cuts announced by key participants to the coalition. Close Saudi ally Kuwait will enforce a 135,000 barrel per day reduction in the first quarter, while the Energy Ministry of OPEC member Algeria said it would trim a further 51,000 barrels per day. Oman said it will also reduce output by 42,000 barrels per day in that same period.
Persons: Alexander Novak Organizations: Organization of, Petroleum, of, OPEC, Energy Ministry Locations: Vienna, Austria, OPEC, Saudi Arabia, Nigeria, Angola, Congo, Saudi, Riyadh, Moscow, Kuwait, Algeria, Oman
Morning Bid: November bids adieu with inflation data, OPEC
  + stars: | 2023-11-30 | by ( ) www.reuters.com   time to read: +5 min
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. With signs of turn emerging in Federal Reserve policy guidance and October PCE inflation readings set to encourage that later in the day, rate cut fever was in full flow across the Atlantic too. Headline annual inflation in the bloc fell as low as 2.4% - within arm's length of the ECB's 2% target. Later on Thursday, U.S. PCE inflation for the prior month is pencilled to fall 3.0% from 3.4% - with a core also ebbing to 3.5%. "Monetary policy is in a good place," Cleveland Fed President Loretta Mester said on Wednesday, echoing comments from previously hawkish Fed governor Christopher Waller the previous day.
Persons: Brendan McDermid, Mike Dolan, policymaker Fabio Panetta, Loretta Mester, Christopher Waller, John Williams, Christine Lagarde, Megan Greene, Kroger, Bernadette Baum Organizations: New York Stock Exchange, REUTERS, Treasury, Federal, European Central Bank, Bank of Italy, policymaker, U.S ., ECB, Cleveland Fed, Wall, OPEC, Dallas Fed, PMI, York Federal, Bank of England, Academy Sports, Rock Biotech, Titan, Reuters, Thomson Locations: New York City, U.S, China, Canada, Vienna, Automotive, Duluth, BOS, Jan
The phenomenon, known as a "golden cross," occurs when a stock's 50-day moving average share price rises above the longer-term 200-day moving average. It comes at a time when the S & P 500 has rallied by nearly 10% from a recent low, and charting analysts expect to see the index rise further . The stocks below are about to signal the golden cross pattern. Canadian stock Descartes Systems rose 7% on average in the month after the golden cross. The stock's price action has shown the golden cross forming seven times over the past decade.
Persons: Kevin Krishnaratne, David Weiss, Shagun Singh, Michael Werner, Hayley Tam Organizations: CNBC, Descartes Systems, Stryker Corporation, Deutsche, Nasdaq, Scotiabank, Stryker, RBC, UBS, CNBC Pro Locations: Canadian, Finland, Denmark, Norway, Sweden, Singapore
A video clip showing a man in military uniform praying for U.S. President Joe Biden to be replaced by his predecessor Donald Trump while sharing the stage with Biden at an event in Norfolk, Virginia, has been flipped horizontally and contains an altered audio track. On Nov. 19 at an event dubbed “Friendsgiving,” Biden and first lady Jill Biden served Thanksgiving dinners to military personnel and their families at Naval Station Norfolk, Reuters reported. The chaplain’s full prayer can be viewed at 7:36-9:12 and makes no reference to Biden or Trump. The moment seen in the edited clip, originally shows the chaplain concluding his prayer (9:03) with the words, “Bless our fellowship. Original footage shows that a military chaplain did not pray to “get rid of” Biden and “bring back” Trump at a Friendsgiving event in November 2023.
Persons: Joe Biden, Donald Trump, Biden, , ” Biden, Jill Biden, Donald J, Trump, ” Trump, Read Organizations: Naval, Reuters, Facebook, White House YouTube, Biden, Trump, Thomson Locations: Norfolk , Virginia, Norfolk
The zoning changes doubled the size of houses allowed in Hogg Hummock. Black residents say larger homes in the community will lead to property tax increases that they won’t be able to afford. He added that their lawsuit “is wholly silent on the topic.”Attorneys for the Hogg Hummock landowners who are suing did not immediately return an email message seeking comment Thursday. About 30 to 50 Black residents still live in Hogg Hummock, founded by former slaves who had worked the island plantation of Thomas Spalding. Well over 100 Hogg Hummock residents and landowners packed those meetings to voice objections, but were given just one chance to speak to the changes.
Persons: Hogg, Hogg Hummock, discriminates “, Paul Frickey, Thomas Spalding . Organizations: Hogg Locations: SAVANNAH, Ga, — County, Georgia, McIntosh, Sapelo, Thomas, Savannah, Black
The S & P 500 entered Thursday up 8.5% in November, on track for its best month since July 2022. .SPX 1M mountain November is shaping up to be the best month of the year for the S & P 500. Through mid-November, when 94% of S & P 500 companies had reported results, third quarter earnings were tracking about 4.3% above the same time last year, according to FactSet. Top stocks Another important change in November is the stocks leading the way. Of the 10 biggest stocks in the S & P 500, five rose at least 10% in November, including the two largest in Apple and Microsoft .
Persons: John Stoltzfus, Oppenheimer, Angelo Kourkafas, Edward Jones, It's, it's, Yung, Yu Ma, That's, Santa Claus, Chris Verrone, — CNBC's Michael Bloom Organizations: Treasury, Federal, PCE, Fed, CNBC, Expedia, Carnival Corp, Generac Holdings, Paramount Global, Insulet Corp, BMO Wealth Management, Apple, Microsoft, Tesla, Energy, OPEC Locations: U.S, Santa
Fact Check: Iceland has not banned COVID vaccines
  + stars: | 2023-11-30 | by ( Reuters Fact Check | ) www.reuters.com   time to read: +2 min
A headline shared online falsely claims that Iceland has banned COVID-19 vaccines and cites sudden deaths for which there is no evidence, according to the Icelandic national health authority. Iceland has not banned COVID vaccines and “there are no soaring sudden deaths,” Guðrún Aspelund, chief epidemiologist at the Icelandic Directorate of Health, told Reuters in a Nov. 29 email. In 2021, Iceland along with other Scandinavian countries temporarily discontinued giving some COVID vaccines to younger adults. As of Oct. 5, 80.5% of the population (archived) in Iceland has received the primary course, that is two doses of a COVID vaccine. Iceland has not banned COVID vaccines and vaccination is recommended for specific groups of the population.
Persons: ” Guðrún Aspelund, epidemiologist, Aspelund, Moderna's Spikevax, Read Organizations: Icelandic Directorate of Health, Reuters, Twitter, Facebook, Health, Iceland’s, Pfizer, BioNTech's, Thomson Locations: Iceland
Saudi Arabia, Russia and other members of OPEC+ pump more than 40% of the world's oil, or some 43 million bpd. Two OPEC+ sources told Reuters a preliminary agreement has been reached for a cut of more than 1 million bpd. This would include Saudi Arabia extending the voluntary cut of 1 million bpd it has had in place since July plus additional contributions from other members, sources said. "It depends on other group participants, could be near or more," the third source said when asked about the possible 1 million bpd cut. The OPEC+ meeting coincides with the opening of the United Nations' COP28 climate summit being hosted by OPEC member the United Arab Emirates.
Persons: Dado Ruvic, Helima Croft, Alex Lawler, Olesya Astakhova, Maha El Dahan, Ahmad Ghaddar, David Goodman, Jason Neely Organizations: REUTERS, OPEC, Reuters, Saudi, Brent, RBC Capital Markets, International Energy Agency, United Nations, United, United Arab Emirates, Thomson Locations: OPEC, MOSCOW, DUBAI, Saudi Arabia, Russia, United Arab
[1/2] A worker pushes a luggage cart with belongings of Palestinians who are trying to get back into Gaza, at the Rafah border crossing between Egypt and the Gaza Strip, during a temporary truce between Hamas and Israel, in Rafah, Egypt, November 30, 2023. Acquire Licensing RightsRAFAH, Gaza, Nov 30 (Reuters) - About 1,000 Palestinians who were stranded outside the Gaza Strip when war broke out between Israel and Hamas have returned home during the seven-day truce, braving the prospect of renewed bombardment, a Palestinian border official said on Thursday. The war began three days later, when Hamas militants attacked southern Israel. Abu Nader flew to Egypt on Oct. 24 but could not return to Gaza as the Rafah crossing was closed. All Palestine is my home, not just Gaza or the house in al-Nasser, the whole nation is my home," he said.
Persons: Abu Nader, Nasser, MOONSCAPE, Intisar Barakat, Fadi Shana, Estelle Shirbon, Gareth Jones Organizations: Hamas, Reuters, Hospitals, United Nations, Thomson Locations: Gaza, Rafah, Egypt, Israel, RAFAH, Palestinian, Turkey, Nasser, Gaza City, Palestine, al, Cairo
Why are Polish truckers blocking Ukraine border crossings?
  + stars: | 2023-11-30 | by ( ) www.reuters.com   time to read: +4 min
[1/2] Polish truckers burn wood to keep warm as they block crossings at Ukrainian border near the village of Hrebenne, Poland November 19, 2023. REUTERS/Yan Dobronosov Acquire Licensing RightsNov 30 (Reuters) - Polish truckers have been protesting near several border crossings with Ukraine over what they see as unfair competition from their Ukrainian peers, as well as hurdles for European Union truckers operating in Ukraine. Polish truckers started their protest on Nov. 6, demanding that the EU reintroduce a permit system for Ukrainian truckers entering the bloc and for EU truckers entering Ukraine. On Nov. 27, the truckers were joined by farmers who started a round-the-clock blockade of access to one of the busiest border crossings with Ukraine, Medyka. EU INVOLVEMENTEuropean transport commissioner Adina Valean said on Nov. 29 that Ukraine and the EU cannot be "taken hostage" by the Polish truckers blockading the border.
Persons: Yan Dobronosov, Taras Kachka, Adina Valean, Mateusz Morawiecki, Donald Tusk, Anna Wlodarczak, Karol Badohal, Timothy Organizations: REUTERS, European Union, EU, Kyiv, Medyka, Ukrainian, Warsaw, European Commission, European Business Association, Reuters, Law and Justice, EU Civic Coalition, Timothy Heritage, Thomson Locations: Hrebenne, Poland, Ukraine, Brussels
The personal consumption expenditures price index, excluding food and energy prices, rose 0.2% for the month and 3.5% on a year-over-year basis, the Commerce Department reported. Energy prices fell 2.6% on the month, helping keep overall inflation in check, even as food prices increased 0.2%. Goods prices saw a 0.3% decrease while services rose 0.2%. On the services side, the biggest gainers were international travel, health care and food services and accommodations. I'm hearing normalizing, not recession, but I am hearing consumer slowing down."
Persons: Dow Jones, Stocks, Bonds, Bill Adams, John Williams, Thomas Barkin Organizations: Federal Reserve, Commerce Department, Energy, Dow Jones, Treasury, Labor, Fed, Labor Department, Comerica Bank, . New York Fed, Richmond Fed, CNBC, European Central Bank, CNBC PRO Locations: ., New York
All eyes are now on the personal consumption expenditure (PCE) index- the Fed's preferred inflation gauge- for October, due at 8:30 a.m. ET, which is expected to show inflation eased in the previous month. The PCE index is expected to rise 0.1% on a monthly basis in October, moderating from a 0.4% increase in September. Data cloud company Snowflake (SNOW.N) added 8.2% after it forecast fourth-quarter product revenue above Street estimates on artificial intelligence driven demand. Reporting by Shristi Achar A and Amruta Khandekar in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
Persons: Caitlin Ochs, Russ Mould, AJ Bell, Jefferies, Shristi Achar, Shinjini Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Wall, Federal Reserve, Dow e, Ford Motor, Inc, Thomson Locations: New York City, U.S, Chicago, Bengaluru
Chartbook: India electricity generationTotal electricity demand met increased by 24 billion kilowatt-hours (kWh) (+21%) in October compared with the same month a year earlier. Wind increased by 0.3 billion kWh (+10%) while solar was up 1.3 billion kWh (+16%). Instead the electricity system turned to gas (1.6 billion kWh, +103%) and especially coal (28 billion kWh, +33%) to meet demand. Coal-fired generators produced a seasonal record of 111 billion kWh in October 2023 up from 84 billion kWh in October 2022. Over the same period, coal generation capacity has increased by just 9 million kilowatts (1% per year) and gas-fired capacity has been essentially unchanged.
Persons: Adnan Abidi, John Kemp, Barbara Lewis Organizations: REUTERS, UN, Central Water Commission, Thomson, Reuters Locations: New Delhi, India, Dubai, Himalayas, Tibet, baseload
Stock Market News, Nov. 30, 2023: Dow Logs Highest Close of 2023
  + stars: | 2023-11-30 | by ( ) www.wsj.com   time to read: +1 min
The 10-year U.S. Treasury note had its best month since 2019, as a sharp unwinding of rate-hike expectations sent investors on a bond-buying spree. The Dow ended the day with its highest close since January 2022, while the Nasdaq Composite managed its best month since July 2022. Salesforce's stock rose, lifting the Dow, after the business-software company reported results last night. The yield on the 10-year U.S. Treasury note ticked up to settle at 4.349%, after three days of declines. Overseas, the Stoxx Europe 600 finished its best month since January.
Persons: Dow, Tesla, Dow industrials Organizations: Treasury, Nasdaq, Dow, Benchmark U.S, Overseas
Even if he were to be convicted in Washington or another trial, top party leaders and many voters have indicated they would stand by Trump anyway. And Trump and his allies are pushing to dismiss and delay the trials and have worked with state parties to craft rules favorable to him. The RNC rules don’t include any provisions specific to the unprecedented scenario unfolding. And, yes, if they choose Donald Trump -- the voters are looking at this, and they think there is a two-tiered system of justice. And unlike in 2016, when a large faction within the party resisted Trump's candidacy, the Republican Party has transformed under Trump.
Persons: Trump, “ It’s, , Benjamin Ginsberg, , ” Ginsberg, Chris LaCivita, Ronna McDaniel, McDaniel, he’s, Donald Trump, ” McDaniel, Trump's, Texas Sen, Ted Cruz, Alanna Durkin Richer Organizations: Republican, Super, GOP, Trump, D.C, RNC, Republican National Committee, Republican Party, Republican National Committee's, CNN’s, Union, White, Associated Press Locations: Washington, Milwaukee, CNN’s State, Texas, Boston
The Pre-Market Rundown: NOV. 30, 2023
  + stars: | 2023-11-30 | 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 EmailNews Update – Pre-MarketsCNBC brings you fast, accurate, and actionable business news and market updates.
Organizations: CNBC
VIX options contracts averaged nearly 760,000 daily, surpassing the record set in 2017, according to Cboe Global Markets (CBOE.Z), data as of Nov. 27. Such investors are "looking at trading VIX options as a way to potentially monetize their thinking", he said. Reuters GraphicsThe rise in VIX options trading is a change from 2022 when investors were reducing equities exposure and hoarding cash, according to CBOE data. With the VIX averaging 17 this year, VIX options' trading volume as a share of overall options volume is at 1.76%, the highest since 2020 - a much more volatile year when the VIX averaged 29, according to a Reuters analysis based on Trade Alert data. Timing profit-taking on VIX options in an environment where jumps in the volatility index are fleeting can be difficult, said Roni Israelov, chief investment officer at NDVR.
Persons: Carlo Allegri, Mandy Xu, That's, Joe Ferrara, JJ Kinahan, Seth Hickle, Roni Israelov, Laura Matthews, Saqib Iqbal Ahmed, Megan Davies, Chizu Organizations: New York Stock, REUTERS, . Federal, Cboe Global, Gateway Investment Advisers, Reuters, Trade, Thomson Locations: Manhattan, New York City , New York, U.S, Indiana, New York
In the latest incident, a UNIFIL patrol was hit by Israeli gunfire in the vicinity of Aytaroun of southern Lebanon, although there were no casualties. The force is deployed in southern Lebanon with the primary role of helping maintain international peace and security. Last December, an Irish soldier serving in UNIFIL was killed after the UNIFIL vehicle he was travelling in was fired on as it travelled in southern Lebanon. Seven people were charged by a Lebanese military tribunal in January for his death, the first fatal attack on U.N. peacekeepers in Lebanon since 2015. Calm had prevailed on the border since Hamas and Israel agreed a temporary truce that began on Nov. 24.
Persons: I've, Stephen MacEoin, Shamrock, MacEoin, Andrea Tenenti, Tenenti, We’ve, Aziz Taher, Hussein Al Waille, Maggie Fick, William Maclean Organizations: Camp Shamrock, United Nations Interim Force, UNIFIL, Reuters, United, Security Council, Thomson Locations: Lebanon, UNIFIL, Maroun, Ras, Lebanese, Israel, Gaza, Tiri, Lebanon's, Iran, United Nations, Aytaroun, Irish, Seven, U.N
While the Dow rose to 35,725.11 points, crossing its intraday high of 35,679.13 points hit in August, all three main indexes were on course for their strongest November since 2020. The S&P 500 (.SPX) and the tech-heavy Nasdaq (.IXIC) were also poised for their biggest monthly percentage gain since July 2022, on signs of cooling price pressures. The personal consumption expenditure (PCE) index - the Fed's preferred inflation gauge - showed inflation remained unchanged in October on a monthly basis, against economists' projections of a 0.1% increase. Core inflation, which excludes volatile food and energy prices, rose 0.2% on a monthly basis, in line with estimates. But most megacap stocks edged lower, with Tesla (TSLA.O) down 1.4% and leading declines, keeping the S&P 500 (.SPX) and Nasdaq (.SPX) under pressure.
Persons: Caitlin Ochs, Salesforce, Dow Jones, Dow, Anthony Saglimbene, Mary Daly, John Williams, Jefferies, Shristi Achar, Shinjini Organizations: New York Stock Exchange, REUTERS, Companies, Dow, Nasdaq, Reserve, U.S, Treasury, Fed, San Francisco Fed, Bank of New York, Dow Jones, Inc, NYSE, Thomson Locations: New York City, U.S, Troy , Michigan, Bengaluru
TAMPA, Fla. (AP) — Goalie Tristan Jarry scored an empty-net goal and made 39 saves in the Pittsburgh Penguins; 4-2 comeback victory over the Tampa Bay Lightning 4-2 on Thursday night. Jarry stopped a dump-in and sent the puck end-to-end into the net with 1:08 left. Jeff Carter scored the go-ahead goal in the third period for the Penguins, who also got goals from Sidney Crosby and Drew O’Connor. NHL points leader Nikita Kucherov had two assists to tie his career high with an eight-game points streak. Stamkos made it 1-0 with a deflection at 9:06 on Tampa Bay’s 15th shot.
Persons: Tristan Jarry, Jarry, Jeff Carter, Sidney Crosby, Drew O’Connor, Steven Stamkos, Tanner Jeannot, Nikita Kucherov, Andrei Vasilevskiy, Carter, Crosby, Evgeni Malkin, Stamkos, ___ Organizations: Pittsburgh Penguins, Tampa Bay, Penguins, Lightning, NHL, 432nd NHL, Tampa Bay’s, UP NEXT Penguins, Philadelphia, Dallas Locations: TAMPA, Fla
(AP) — LSU forward Angel Reese went straight back to the Tigers' starting lineup upon her return from a four-game absence. She was presented with a commemorative basketball during a pregame ceremony recognizing her 1,000th career rebound earlier this season. When the starting lineup was announced, Reese was introduced last, as she usually is during home games. Reese started LSU’s first four games, averaging 17 points and 10.3 rebounds as the Tigers went 3-1 — the lone loss coming in their opener to now fellow No. Political Cartoons View All 1274 ImagesLSU won all four games she missed, three of them by lopsided margins.
Persons: Angel Reese, Reese, Kim Mulkey, Jayden Daniels, Malik Nabers, LSU’s Organizations: — LSU, Tigers, Virginia Tech, LSU, AP, womens Locations: BATON ROUGE, La, Colorado
NEW YORK (AP) — Jalen Brunson scored 42 points, Julius Randle had 29 points and 10 rebounds, and the New York Knicks sent the Detroit Pistons to their franchise-record 16th consecutive loss with a 118-112 victory Thursday night. Cade Cunningham scored 31 points and Killian Hayes chipped 23 in for the Pistons. DiVincenzo hit back-to-back 3-pointers within a span of 45 seconds in the fourth quarter to put the Knicks ahead 109-103. Brunson scored 16 points in the opening period to help the Knicks take a 31-17. The Pistons fell behind by 16 points to start the second quarter but closed out the half with back-to-back 3-pointers from Cunningham to make it 54-all.
Persons: — Jalen Brunson, Julius Randle, RJ Barrett, Donte DiVincenzo, Cade Cunningham, Killian Hayes, Marvin Bagley’s, DiVincenzo, Cunningham, Randle, Brunson, ___ Organizations: New York Knicks, Detroit Pistons, Pistons, Chicago, Knicks, New, Charlotte, NBA, Detroit, UP NEXT, Cleveland Cavaliers, Toronto Raptors
“He was travelling in a boat,” when assailants blocked the river with a tree trunk, Kevin Inuma said. “There were many shots fired.”The boat carried six people, said Kevin Inuma, including his mother, brother, sister and uncles. Quinto Inuma was shot three times in the back and once in the head, and Kevin Inuma’s aunt was wounded too, he said. Political Cartoons View All 1274 ImagesQuinto Inuma had received numerous death threats over illegal logging, said Kevin Inuma. Quinto Inuma attended a meeting in 2022 with Peruvian national parks authority Sernanp, which was observed by The AP, to discuss the conflict.
Persons: Quinto Inuma Alvarado, Kevin Arnol Inuma Mandruma, , Kevin Inuma, Quinto Inuma, Kevin Inuma’s, , “ They’ve, National Police ”, Servindi Organizations: Associated Press, Interior, Environment, Justice, Human, National Police, Cordillera, Amazon, Peruvian, AP, Forest Peoples Programme Locations: LIMA, Peru, San Martín, Peruvian
LAS VEGAS (AP) — A federal grand jury has indicted a Las Vegas man arrested last month on suspicion of making antisemitic threats against U.S. Senator Jacky Rosen and her family, along with the family of another U.S. senator, according to court records. Rosen, a Democrat from Nevada, is Jewish and has maintained a vocal pro-Israel stance, including support for U.S. aid to Israel. Miller is also accused of threatening the family of another unnamed U.S. senator, according to court records. “Senator Rosen trusts the U.S. Attorney’s office and federal law enforcement to handle this matter.”Miller's trial is scheduled for January, and he is currently in custody.
Persons: Jacky Rosen, Rosen, John Miller, Miller, Biden, Organizations: LAS VEGAS, , U.S, Democrat, Associated Press, Defamation Locations: Las Vegas, Nevada, Israel
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