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☆ Premarket stocks: Investors are hoping for the economic tide to turn. The wait may soon be over
▼ + stars: | 2022-12-14 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

What’s happening: Price increases in the United States cooled more than economists expected last month, recording the lowest level of growth since last December. This is the second consecutive month of moderating price pressures and could mean the underlying trend of inflation is finally decelerating. That’s a welcome and hopeful sign for consumers, policymakers and investors, said Jim Baird, chief investment officer at Plante Moran Financial Advisors. The bill specifically names TikTok and its parent, ByteDance, as social media companies for the purposes of the legislation. In the past two weeks, at least seven states have introduced such measures, including Maryland, South Dakota and Utah.

☆ Meet 41-year old Judge Aileen Cannon, the Trump-nominated Floridian who will pick the special master to weed through the documents seized at Mar-a-Lago
▼ + stars: | 2022-12-13 | by ( Kimberly Leonard | Azmi Haroun | ) www.businessinsider.com time to read: +9 min

Judge Aileen Cannon recently reversed a big win that she had handed Trump's defense team. Judge Aileen Cannon gave her confirmation testimony to the Senate Judiciary Committee over Zoom on July 29, 2020. There, she prosecuted cases involving narcotics, fraud, firearms, and immigration cases, according to her Senate confirmation document. Cannon during her confirmation hearing thanked Rubio as well as fellow Republican Sen. Rick Scott of Florida for their "continued support." "Judge Cannon is a great judge who I am very proud to have enthusiastically supported," Rubio told Insider through his office when asked about the connection.

"The legal precedent is not on the side of the FTC," said Andre Barlow, an antitrust lawyer at Doyle, Barlow & Mazard PLLC. Barlow pointed to three recent mergers challenged by the FTC or Justice Department that were ultimately allowed to proceed. Those cases share something else in common with the proposed Microsoft deal: in each instance, a company would merge with a supplier in a so-called "vertical" merger. "Vertical merger challenges are really difficult to win so it will be an uphill battle for the FTC," said Roger Alford, who teaches law at the University of Notre Dame. Reuters reported last month that Microsoft was expected to offer remedies to EU antitrust regulators in the coming weeks to stave off formal objections to the deal.

☆ How to stay safe in an extreme solar flare, where the sun bombards Earth with radiation and magnetic havoc
▼ + stars: | 2022-12-07 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

Stay safe during a solar storm by preparing to lose power, printing out maps, and staying off planes. What is a solar flare and how do they affect Earth? CMEs primarily affect the magnetosphere, jostling Earth's magnetic field lines in an event called a geomagnetic storm, also known as a solar storm. NASAGetting ready for the possibility of a major solar flare isn't that different from getting ready for any other disaster. If you follow the basics of disaster preparedness, you'll probably be ready for a solar flare.

WASHINGTON, Dec 6 (Reuters) - The chair of the Federal Trade Commission, Lina Khan, on Tuesday said giant companies like Ticketmaster (LYV.N), which faces a tsunami of criticism for problems in selling tickets to a 2023 Taylor Swift tour, can become "too big to care." "There can be concerns that when firms become (large) they can become too big to care," she added, saying giant firms may feel no need to invest in innovation because they do not face tough competition. Ticketmaster has drawn fresh heat from U.S. lawmakers over how it handled ticket sales for Swift's first tour in five years. Last month, U.S. lawmakers pressed the FTC to enforce a 2016 law against ticket scalpers using bots after Ticketmaster blamed the software for troubles selling tickets to Swift's tour. Ticketmaster has blamed problems with presale ticketing for the tour on unprecedented demand and an effort to keep out bots run by ticket scalpers.

☆ More than 70% of voters in poll want Biden to release secret JFK assassination records
▼ + stars: | 2022-12-06 | by ( Marc Caputo | Marc Caputo Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

Biden’s predecessor, Donald Trump, first postponed the disclosure in 2017, when the records were supposed to be fully released under the President John F. Kennedy Assassination Records Collection Act of 1992. Half of voters believe the assassination involved multiple conspirators while 38 percent said Oswald was the lone gunman, the poll showed. The CIA has played a central role in covering up information about the JFK assassination over the years. Immediately after JFK’s assassination, Oswald was identified as a pro-Castro sympathizer, thanks to news articles and documentation that arose when he came into contact with Joannides' group. And they relate to covert programs in which George Joannides was involved,” Morley said in an interview.

☆ Gladys Knight, George Clooney, Amy Grant feted at Kennedy Center Honors
▼ + stars: | 2022-12-05 | by ( The Associated Press | ) www.nbcnews.com time to read: +6 min

WASHINGTON — A heartfelt Patti LaBelle praised her lifelong friend Gladys Knight. Matt Damon playfully teased his friend George Clooney — a lot — while Sheryl Crow gave thanks and a heartfelt rendition of “Baby Baby” to her fellow singer Amy Grant during Sunday’s Kennedy Center Honors. Every year the Kennedy Center honors a select group of people for their artistic influences on American culture. 2022 Kennedy Center Honorees, front row from left, Amy Grant, Gladys Knight, George Clooney, Tania León, join, back row from left, Adam Clayton, Larry Mullen Jr., The Edge, and Bono for a group photo at the State Department following the Kennedy Center Honors gala dinner, Saturday, Dec. 3, 2022, in Washington. León said during an interview when the honorees were announced that she wasn’t expecting “anything spectacular” when the Kennedy Center initially reached out to her.

Exports also benefited from the restart of a PDVSA-Chevron crude upgrader at their Petropiar joint venture in the Orinoco Belt. Nearby, one of Petrolera Sinovensa's two crude blending plants operated by PDVSA and China National Petroleum Corporation (CNPC) also resumed work. Venezuelan PDVSA's crude processing facilities restarted operations after outages and a lack of diluents, leading to a sale increase in November. PDVSA also sent about 38,000 bpd of crude, fuel oil and gasoline blend stock to key political ally Cuba. Another Iran-flagged tanker in Venezuela, the Huge, is also expected to navigate back carrying fuel oil for NICO this month as part of an oil swap with PDVSA, according to the documents.

☆ George Clooney, Gladys Knight among Kennedy Center honorees
▼ + stars: | 2022-12-04 | by ( ) www.cnbc.com time to read: +5 min

Secretary of State Antony Blinken, second from left, and his wife, Evan Ryan, left, join 2022 Kennedy Center Honorees, front row from left, Amy Grant, Gladys Knight, George Clooney, Tania León, and Kennedy Center President Deborah Rutter, back row from left, Kennedy Center Chairman David Rubenstein, along with fellow 2022 Honorees Adam Clayton, Larry Mullen Jr., The Edge, and Bono for a group photo at the State Department following the Kennedy Center Honors gala dinner, Saturday, Dec. 3, 2022, in Washington. Sometimes the Kennedy Center honors not just individuals but groups; "Sesame Street" once got the nod. Composer and conductor León said during an interview when the honorees were announced that she wasn't expecting "anything spectacular" when the Kennedy Center initially reached out to her. After all, she's worked with the Kennedy Center numerous times over the years going back to 1980, when she was commissioned to compose music for a play. León left Cuba as a refugee in 1967 and eventually settled in New York City.

☆ Putin's war in Ukraine looks more and more like a failure. Past Russian leaders haven't survived similar mistakes.
▼ + stars: | 2022-12-04 | by ( Joy Neumeyer | ) www.businessinsider.com time to read: +12 min

Instead, Russia's failing war effort has raised doubts about Putin's hold on power. For now, Putin looks secure, but past Russian leaders have suffered at home for blunders abroad. By the following summer, the Germans had taken huge swathes of Russian-controlled territory and a million Russian soldiers were dead. Captured Russian soldiers after the defeat at Tannenberg, in present-day Poland, on August 30, 1914. After an ineffectual troop surge, Gorbachev gave up on trying to improve the situation, and the last Soviet troops left Afghanistan in February 1989.

☆ Border crossings are already near record highs, and the end of a Covid ban this month could bring still more
▼ + stars: | 2022-12-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Julia-Ainsley-Circle-Byline-Template.Jpg | Julia Ainsley | ) www.nbcnews.com time to read: +4 min

Despite new restrictions on asylum-seekers, daily migrant crossings at the U.S.-Mexico border have remained near record highs, say three sources familiar with the latest numbers, as the Biden administration braces for a possible extra surge of thousands more per day when Covid restrictions end this month. Policymakers in Washington, as well as officials at the southern border, have long predicted a surge in migrants when the policy is lifted. In October, the U.S. began using Title 42 to turn away Venezuelan border crossers, whose numbers were soaring. When Title 42 lifts, migrants of all nationalities will be able to come into the U.S. to make asylum claims, just as they did before the Covid-19 pandemic. Homeland Security Secretary Alejandro Mayorkas has previously detailed plans for lifting Title 42 that would allow for a faster asylum process that would move to quickly deport those who do not qualify.

WANA (West Asia News Agency) via REUTERSWASHINGTON, Dec 2 (Reuters) - The United States on Friday designated China, Iran and Russia, among others, as countries of particular concern under the Religious Freedom Act over severe violations, U.S. Secretary of State Antony Blinken said. Blinken in a statement said those designated as countries of particular concern - which also include North Korea and Myanmar - engaged in or tolerated severe violations of religious freedom. The United States has expressed grave concerns about human rights in the western Chinese region of Xinjiang, which is home to 10 million Uyghurs. The other countries designated as countries of particular concern were Cuba, Eritrea, Nicaragua, Pakistan, Saudi Arabia, Tajikistan and Turkmenistan. Religious Freedom Act of 1998 requires the president – who assigns the function to the secretary of State – to designate as countries of particular concern states that are deemed to violate religious freedom on a systematic and ongoing basis.

☆ Hurricane Season Caps a Year of Fewer but Still-Destructive Storms
▼ + stars: | 2022-12-01 | by ( Alyssa Lukpat | ) www.wsj.com time to read: 1 min

One of the two major hurricanes this season, Hurricane Ian barreled from Cuba to Florida and the Carolinas. The 2022 Atlantic hurricane season came to an end on Wednesday, after a historically quiet period gave way to a destructive finale with some of the most catastrophic storms in recent years. The National Oceanic and Atmospheric Administration said there were 14 named storms during the season, which ran from June to November. That is an average amount for a typical season, forecasters say.

HAVANA/WASHINGTON, Dec 1 (Reuters) - Cuba´s Vice Foreign Minister Carlos Fernandez de Cossio on Thursday accused long-time rival the United States of doublespeak after the Biden administration proposed to scrap a plan to install a new undersea telecommunications cable to Cuba. Cuba has long accused the U.S. of doublespeak, saying a Cold War-era embargo imposed by the United States on Cuba has failed to upend Cuba´s government, and instead, has only caused suffering among the Cuban people. The U.S. government in recent years has been scrutinizing undersea cable connections especially involving China. The existing ARCOS-1 submarine cable system connects the United States with 14 countries in the Caribbean, Central America and South America and sought to expand to a landing station in Cojimar, Cuba. The system's operator argues it would "increase the means through which Cubans on the island can communicate with the United States and the rest of the world."

☆ Crunch time: U.N. puts baguette on cultural heritage list
▼ + stars: | 2022-11-30 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

PARIS — The humble baguette — the crunchy ambassador for French baking around the world — is being added to the U.N.’s list of intangible cultural heritage as a cherished tradition to be preserved by humanity. With the bread’s new status, the French government said it planned to create an artisanal baguette day, called the “Open Bakehouse Day,” to connect the French better with their heritage. With the bread’s new status, the French government said it planned to create an artisanal baguette day. It’s the traditional baguette from the traditional bakery that’s in danger. The “artisanal know-how and culture of baguette bread” was inscribed at the Morocco meeting among other global cultural heritage items, including Japan’s Furyu-odori ritual dances, and Cuba’s light rum masters.

But satellite images and photos show the Chinese-owned ship had loaded the oil four months earlier in Venezuela, an OPEC nation in South America under U.S. oil sanctions. Two of those tankers, including the Young Yong, were designated this month by U.S. authorities for violating sanctions on Iran, one of Venezuela's closest allies. The U.S. Treasury declined to comment on the involvement of the Young Yong or the other vessels identified by Reuters in shipping Venezuela crude. Indonesian authorities said in early November that the Young Yong had run aground off the Riau Islands on Oct. 26. The United States imposed oil trading sanctions on Venezuela in 2019 after calling Maduro's re-election the previous year a sham.

WASHINGTON, Nov 29 (Reuters) - Skeptical lawmakers from across the political spectrum questioned executives at grocers Kroger Co (KR.N) and Albertsons Companies Inc (ACI.N) on Tuesday about their planned $25 billion merger amid concerns the tie-up could boost already-high food prices. The deal will be reviewed by the Federal Trade Commission to ensure it is legal under antitrust law. Stores under the Albertsons umbrella include Balducci's, Haggen, Kings, Safeway, Star Market, Tom Thumb, United Supermarkets and Vons, among others. The companies have also been criticized for a plan to give Albertsons' shareholders a $4 billion dividend payment. Senator Tom Cotton, a conservative Republican, criticized Kroger for the company's aprons with a design that appeared to support gay pride.

☆ Cuba says its allies have pledged help to end its economic crisis
▼ + stars: | 2022-11-30 | by ( Marc Frank | ) www.reuters.com time to read: +3 min

HAVANA, Nov 30 (Reuters) - China, Russia, Algeria and Turkey have pledged to restructure Cuba's debt, provide new trade and investment financing, and help ease an energy crisis, Cuban President Miguel Diaz-Canel told state-run media following a rare trip abroad last week. Cuba's debt with business partners and suppliers has ballooned, leading some to refuse to do business with Cuba unless it is in cash, according to foreign business and diplomatic sources with knowledge of recent transactions. Cuba's current foreign debt is considered a state secret. Prior to the pandemic, in 2019, the Caribbean island nation reported its foreign debt at $19.6 billion. "There is no short-term solution to Cuba's electric power sector challenges; the system is old, tired and broken.

WASHINGTON, Nov 29 (Reuters) - Top executives at Kroger Co (KR.N) and Albertsons Companies Inc (ACI.N) on Tuesday defended their planned $25 billion merger before skeptical lawmakers who fear the deal would push up food prices at a time of high inflation. "A combined Kroger and Albertsons will remain at number four as we will continue to compete with these companies to sell groceries. Those same three competitors have nearly three times the share of grocery sales of Kroger and Albertsons combined," he said, according to written remarks. In that case, the companies were forced to sell 168 stores to ensure that competition would remain fierce and prices would not rise. The companies have also been criticized for a plan to give Albertsons' shareholders a $4 billion dividend payment.

The Cuban restaurant Versailles has been a fixture in Miami's Little Havana neighborhood for the last 50 years. Courtesy VersaillesIt's also drawn celebrities, including Beyoncé and Jay-Z, and has been a destination for international tourists looking to eat a Cuban meal or just hang out outside la ventanita, sipping a Cuban coffee, nibbling a guava pastry and absorbing the surrounding culture. Republican presidential candidate Herman Cain drinks a Cuban coffee with Felipe Valls Sr. during a campaign visit to Versailles in 2011. “This is kind of their ground zero, the epicenter of the Cuban American community. On its website, Versailles calls itself “the world’s most famous Cuban restaurant.”

[1/2] Taylor Swift's "Red (Taylor's Version)" receives the Favorite Pop Album award during 2022 American Music Awards, at the Microsoft Theater in Los Angeles, California, U.S., November 20, 2022. REUTERS/Mario Anzuoni/File PhotoWASHINGTON, Nov 29 (Reuters) - U.S. lawmakers on Tuesday pressed the Federal Trade Commission to enforce a 2016 law against ticket scalpers using bots after Ticketmaster blamed the software for troubles selling tickets to pop superstar Taylor Swift's upcoming tour. Ticketmaster (LYV.N) canceled planned ticket sales to the general public for Swift's 2023 U.S. concert tour, her first in five years, earlier this month as 3.5 billion ticket requests from fans, bots and scalpers overwhelmed the website. A spokesman for the FTC confirmed that it had received the letter, but had no comment. Reporting by Diane Bartz; Editing by Alexander SmithOur Standards: The Thomson Reuters Trust Principles.

The hearing was called by Klobuchar along with Senator Mike Lee, the top Republican on an antitrust panel of the Senate Judiciary Committee. "The hearing will examine the impact of the proposed merger of Kroger and Albertsons, the two largest grocery chains in the country," the statement said. The FTC is expected to aggressively review the deal to ensure it complies with antitrust law. While the two are the largest standalone grocers, Walmart is the market leader. Reporting by Diane Bartz; Editing by Cynthia OstermanOur Standards: The Thomson Reuters Trust Principles.

☆ Cuba wins China debt relief, new funds
▼ + stars: | 2022-11-27 | by ( Marc Frank | ) www.reuters.com time to read: +2 min

HAVANA, Nov 27 (Reuters) - China has agreed to restructure Cuban debt and provide new trade and investment credits to the beleaguered Caribbean Island nation after a meeting in Peking between the two Communist countries’ leaders. Gil was speaking in an interview with official media traveling with President Miguel Diaz-Canel as he returned home over the weekend from a tour of Algeria, Russia, Turkey and China. Analysts estimate the debt in the billions of dollars, although no official figures are available. Gil said China had agreed to quickly complete a floating dock, wind power and solar energy project, among others. President Diaz-Canel told the official media after talks in Peking that debt was at the top of his agenda with President Xi Jinping who sympathized with the difficulties Cuba was going through.

☆ U.N. condemns Iran's crackdown on protests, establishes probe into alleged abuses
▼ + stars: | 2022-11-24 | by ( Associated Press | ) www.nbcnews.com time to read: +5 min

The U.N. Human Rights Council voted Thursday to condemn the bloody crackdown on peaceful protests in Iran and create an independent fact-finding mission to investigate alleged abuses, particularly those committed against women and children. Thursday’s session in Geneva is the latest international effort to put pressure on Iran over its crackdown, which has already drawn international sanctions and other measures. “The only answer we received was more violence, more death.”Protesters wave Iranian pre-Islamic revolution flags in front of the United Nations headquarters in Geneva on Thursday. The U.N. human rights chief, Volker Türk, expressed concerns that Iran’s government has not been listening to the world community. The council will now set up a “fact-finding mission” to investigate rights violations “especially with respect to women and children” linked to the protests that erupted on Sept. 16.

☆ World Cup 1950: When the US beat England in the greatest sporting upset of all time
▼ + stars: | 2022-11-24 | by ( Ben Morse | ) edition.cnn.com time to read: +10 min

CNN —On one side of the pitch was a team made up some of the biggest names in world soccer. Described as a “real bunch of ragamuffins” by the author Geoffrey Douglas, the US beat a star-studded England side 1-0 at the 1950 World Cup. I mean, a plucky group of underdogs just beat what was generally universally recognized as the best team in the world,” Holroyd told CNN Sport. PA Images/ReutersAnd so when the 1950 World Cup approached, there was little national interest or coverage of the US’ participation. On the other side of the pond, hopes were sky high for a star-studded England team.

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