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Yet the Democratic superstar many members of the party would like to see helping Harris has been absent from the campaign trail so far. She is expected to play a role in the “closing arguments” for the Democratic campaign, three of those people said. Michelle Obama has the unique appeal of being the most popular Democratic surrogate, in part because she has never run for elected office. Michelle Obama has been open about her disdain for partisan politics, despite some in both parties speculating about her running for office in the future. “Michelle Obama is asking you — no, I’m telling y’all—to do something.”
Persons: WASHINGTON, Barack Obama, Kamala Harris, Bill Clinton, Harris, Michelle Obama, Donald Trump, Trump, , ” Michelle Obama, , ” Michelle Obama’s, Obama, Anthony Guglielmi, — Hillary Clinton —, He’s, Clinton, — we’ve, “ Michelle Obama, y’all — Organizations: Democratic, Democratic National Convention, Service, Secret, Trump, Capitol Locations: Washington, Oakland , Pennsylvania, chuckles, Pennsylvania, Tucson, Las Vegas, Georgia, North Carolina, America
ISIS-K, the Afghan branch of the Islamic State, directed an Afghan man’s foiled U.S. Election Day terror plot, according to two senior U.S. officials briefed on the matter. The revelation that a foreign terrorist organization was in communication with a would-be attacker inside the U.S. makes the alleged Election Day plot different from most terrorism cases in the past decade, most of which involved people self-radicalized online or self-directed attempts. The charging documents say Tawhedi told the FBI that he was communicating with a person named “Malik” and that he knew “Malik” was affiliated with ISIS. Tawhedi’s mother, who lives in Afghanistan, is believed to be an ISIS sympathizer, two U.S. officials said. In the France case, law enforcement officials told NBC News they had opened a preliminary investigation into a potential terror plot in France on Sept. 27.
Persons: Nasir Ahmad Tawhedi, Tawhedi’s, Tawhedi, “ Malik ”, United States Department of Justice Tawhedi, Organizations: Islamic, U.S, FBI, AK, Russia, AP ISIS, ISIS, United States Department of Justice, CIA, NBC News, Terrorism Locations: Islamic State, Afghan, Oklahoma, Russian, Crocus, Moscow, U.S, Afghanistan, Paris, France, Toulouse, Fronton, Haute, Garonne, Iran, Europe
Vem Miller, the man arrested near former President Donald Trump’s rally Saturday in Coachella, California, denied in an online video Monday that he was trying to assassinate Trump. Miller, 49, of Nevada, who was arrested on state weapons charges a quarter-mile from the rally, said he is a longtime supporter of Trump. He said that he was invited to the rally by Republican officials in Nevada and that “false and defamatory statements have been released by the police in the region.”“I’m a Trump caucus captain. I’ve collected votes for Donald Trump, and I’m also a Trump team leader,” Miller said in the video. “The U.S. Secret Service assesses that the incident did not impact protective operations and former President Trump was not in any danger,” Martin Estrada, the U.S. attorney for Central California, said Sunday.
Persons: Vem Miller, Donald Trump’s, Trump, Miller, I’ve, Donald Trump, I’m, ” Miller, Riverside County Sheriff Chad Bianco, ” Bianco, , ” Martin Estrada, , Miller’s, President Trump, “ We’re, you’ve Organizations: Trump, Republican, Coachella, Nevada Republican Party, NBC, Riverside County Sheriff, , Secret Locations: Coachella , California, Nevada, Riverside County, NBC Los Angeles, , U.S, Central California
The Justice Department said Sunday that the Secret Service and the FBI are investigating the incident in Coachella, California, about a quarter-mile from the rally venue. A Secret Service official said in a statement: "We were contacted as it happened and Secret Service agents conducted a productive intelligence interview. Asked about the arrest, a Trump campaign official appeared unaware of the incident. On July 13, a gunman hit Trump in the ear and fatally shot a man at a campaign rally in Butler, Pennsylvania. He said the entry process also included getting past metal detectors at a Secret Service pedestrian checkpoint at the entrance.
Persons: Donald Trump, Trump, Martin Estrada, Riverside County Sheriff Chad Bianco, Bianco, Mario Tama, Vem Miller, Miller, Kamala Harris, Andy Abeyta, Organizations: The Justice Department, Service, FBI, Secret, Riverside, Riverside County Sheriff, Empire Polo Club, Coachella Valley Music & Arts Festival, Secret Service, Trump, Republican, Trump International Golf Club Locations: Coachella , California, U.S, Central California, Riverside County, Indio, Coachella, Coachella , Calif, Las Vegas, California, Butler , Pennsylvania, West Palm Beach , Florida, Calif, USA
Russia filmed its troops firing a D-74, an artillery gun developed in the 1940s that the Soviets exported to their allies. The field gun featured: a D-74 122mm howitzer, which the Soviet Union developed in the late 1940s. Ukrainian President Volodymyr Zelenskyy estimated in February that Russia was receiving at least 1 million artillery shells from North Korea. AdvertisementThe Russian defense ministry and the Chinese foreign affairs ministry did not respond to requests for comment sent by Business Insider. AdvertisementDespite its sheer age, the D-74 still can be useful for Russia in a modern war in Ukraine, Purcell said.
Persons: , it's, Michael Purcell, " Purcell, Putin, Russian Defense Ministry Jennifer Kavanagh, Volodymyr Zelenskyy, Dmitry Peskov, Russia Kavanagh, Kavanagh, Purcell, Vladimir Putin, that's Organizations: Military, Service, Kremlin, Soviet Union, Marine Corps, International Security, George Washington University, DPRK, Russian Defense Ministry, Defense, Authorities, China, International Institute for Strategic Studies, Business Locations: Russia, North Korea, Russian, Donetsk, Soviet Union, Ukraine, Moscow, Soviet, Vietnam, China, Washington, Seoul, Pyongyang
CNN —North Korea is sending its citizens to help Russia’s military fight Ukraine, Volodymyr Zelensky has said, increasing concerns about the alliance between Moscow and the secretive state. In his daily video message on Sunday, the Ukrainian president said: “We see an increasing alliance between Russia and regimes like North Korea. It is actually about transferring people from North Korea to the occupying military forces.”Zelensky’s allegation comes amid an increasingly friendly relationship between Moscow and Pyongyang. Russian President Vladimir Putin visited North Korea in June – the first visit of its kind for more than two decades – and Western observers have wondered how heavily North Korea has assisted Russia’s invasion of Ukraine. “We believe that the possibility of further deployment of regular troops is very high, as Russia and North Korea have entered a mutual agreement that is almost equivalent to a military alliance.
Persons: Volodymyr Zelensky, , Vladimir Putin, , ” Zelensky, Dmitry Peskov, Kim Yong, hyun, , Putin, Kim Jong Un Organizations: CNN, North, National Intelligence Service, Defence, Korean Locations: North Korea, Ukraine, Moscow, Russia, Pyongyang, Russian, Kyiv, Koreans
Thailand’s foreign ministry said it was “profoundly saddened” by the death of a Thai worker in northern Israel on Friday, according to a statement. The Thai foreign ministry disputed that account, saying the death, and the injury of another of its nationals, had resulted from “an explosion of dropped ammunition” without providing additional details. The statement said the embassy was working to evacuate 10 additional Thai nationals from the kibbutz where the incident had occurred. The agriculture industry in Israel has employed thousands of Thai nationals to tend crops and work in dairies. Thais made up the largest group of foreign nationals killed in the Hamas attacks on October 7, 2023.
Persons: Magen David Adom, Thais Organizations: Thai Locations: Israel, Galilee, Lebanon, The Thai, Gaza
Military experts said it's partly down to Ukraine's long-range strikes on Russian ammo depots. AdvertisementUkraine is reducing Russia's artillery advantage on the battlefield, and recent attacks on ammo depots have likely sped that up. According to military experts, these developments are likely due in part to Ukraine's recent long-range strikes on Russian ammunition depots. Taking out the ammoUkraine damaged several rear Russian ammo depots using long-range weapons in a string of long-range strikes that began last month. But Kastehelmi said that in the long run, Russia will "most likely" be able to adapt to Ukraine's long-range strikes.
Persons: it's, , Ivan Havryliuk, Volodymyr Zelenskyy, John Hardie, Hardie, Emil Kastehelmi, Zelenskyy, Mark Temnycky, Kastehelmi Organizations: Service, CNN, Russia, Foundation for Defense of Democracies, Maxar, Security Service, Ukraine, Technologies, Black Bird Group, Council's Eurasia Locations: Ukraine, Russia, Kursk, Oktyabrsky, Toropets, Russia's, Tver, , Tikhoretsk, Krasnodar Krai, Republic, Adygea, Finnish
A new analysis identified several ways that the West can disrupt Russia's artillery supply chain. Analysts said the West needs to go after Russia's foreign imports before it's too late. Despite international sanctions meant to cripple Russia's war machine, Russia has maintained an edge over Ukraine when it comes to artillery production and rate of fire. AdvertisementThe analysts at RUSI said that the West needs to disrupt the industries that are keeping Russia's deadly and destructive howitzers firing before it's too late for Ukraine. However, the analysts said, "the longer the war continues, the more Russia's dependencies on foreign suppliers will become a weakness."
Persons: , RUSI, it's Organizations: Service, Royal United Services Institute, Russian Defense Ministry Press Service, West, US Locations: Russia, Ukraine, Moscow, China, Iran, North Korea
The TSA found over 5,000 firearms at airport checkpoints in the first nine months of 2024. AdvertisementMore than 5,000 firearms were found at airport security checkpoints in the first nine months of this year, the Transportation Security Administration said this week. Firearms can only be transported in checked bags and can't be brought through TSA security checkpoints. In 2023, 6,737 firearms were detected at TSA checkpoints, a record, beating the previous maximum of 6,542, which occurred in 2022. From July to September this year, the TSA detected 7.5 firearms for every million passengers it screened.
Persons: David Pekoske, Organizations: TSA, Service, Transportation Security Administration Locations: Caicos
Lawyers for Sean "Diddy" Combs condemned government "leaks" relating to his sex-trafficking case. He seeks "a hearing and other remedies" from what he calls prejudicial leaks by DHS agents. Combs attorneys Marc Agnifilo and Teny Geragos made the allegations in the filing to the federal judge in Manhattan now assigned to the case. Agents deployed "military-style armored vehicles, with scores of heavily armed agents in full combat gear," according to the Combs filing. Wednesday's letter also alerts the judge that the parties intend to discuss on Thursday what federal prosecutors called the "voluminous" evidence in the case.
Persons: Sean, Diddy, Combs, , Marc Agnifilo, Teny Geragos, Mr, Cassie Ventura, Donald Trump's Manhattan, Barron's, Trump, Mitzi Steiner, Steiner, Arun Subramanian, Subramanian, Prosecutors Organizations: DHS, Service, Miami, Department of Homeland Security, Security, Department of Justice's, DOJ, US Attorney's, US, Homeland Security Investigations, New York Post, LA, CNN, Intercontinental Hotel, Office, Ventura Locations: Manhattan, Los Angeles, Miami, Donbas, Brooklyn
Ukraine said it struck a military airfield in Russia overnight, marking the latest deep strike. AdvertisementUkrainian forces struck an ammunition depot at a military airfield in Russia overnight, the latest in a string of long-range attacks targeting Moscow's war machine. In the past two days, the Ukrainian military has said it caused damage at a key Russian ammunition depot, a drone storage facility, and now another ammo depot at an airfield. It's unclear if the latest ammunition depot stored these weapons. pic.twitter.com/17z39WI2YI — OSINTtechnical (@Osinttechnical) October 9, 2024Ukraine has targeted several Russian ammunition depots since mid-September.
Persons: , Khanskaya, Russia's Su, Russia's, we've, We've Organizations: Service, Khanskaya, Base, 272nd Training Aviation Base, Ukrainian, GRAU Arsenal, Institute for Locations: Ukraine, Russia, Kyiv, Republic, Adygea, Ukrainian, Maykop, Adygea Republic, Khanskaya, Russia's Bryansk, North Korea, Iran, Karachev, Bryansk Oblast, Bryansk, Russia's Krasnodar, Crimea
An Afghan man arrested on charges of planning a terrorist attack on Election Day worked as a security guard in Afghanistan for the CIA, two sources with knowledge of the matter told NBC News. “Every Afghan resettled in the U.S. undergoes a rigorous screening and vetting process no matter which agency they worked with,” the official said. The CIA undertook its own large-scale evacuation operation of Afghans who had worked for or helped the agency. Officials say humanitarian parole generally entails far less screening than a Special Immigrant Visa. Authorities say he planned the operation along with a juvenile co-conspirator, described as an Afghan citizen with legal permanent resident status.
Persons: Nasir Ahmad Tawhedi, Tawhedi, , Donald Trump Jr, Kamala Harris, Harris, Organizations: CIA, NBC News, ISIS, FBI, U.S, U.S ., The Department of Homeland Security, Republican, Biden, Harris Administration, Justice Department, DHS, NBC, Authorities, of Locations: Afghanistan, Oklahoma, U.S, United States, Western, of Oklahoma
Ukraine said Wednesday it carried out a drone attack on a key Russian ammunition depot overnight. AdvertisementThe Ukrainian armed forces said that it carried out a drone strike on a major Russian ammunition depot overnight. The Russian military is said to have stored missiles and artillery shells, including munitions from North Korea, and highly destructive glide bombs at the targeted arsenal. Business Insider couldn't independently verify the video details or claims about the Ukrainian attack. Hundreds of secondary explosions have been reported at the key Russian ammunition dump, reportedly housing North Korean munitions.
Persons: , couldn't, GRAU, tI1UUVCKzB, KvJBo2F6nn, Maria Avdeeva Organizations: Service, GRAU Arsenal, Unmanned Systems Forces, Arsenal, Missile and Artillery Directorate Locations: Ukraine, Russia, Russian, Karachev, Russia's, Bryansk, North Korea, Moscow, Kyiv
44 health care workers saw multiple cases of preteen children who had been shot in the head or chest in Gaza. 2 did not Merril Tydings Flight, emergency and critical care nurse, 44 years old, Santa Fe, N.M. “ These people were starving. ” Abeerah Muhammad Emergency and critical care nurse, 33 years old, Dallas, Texas “ Everyone we met showed us pictures of themselves before October. ” Merril Tydings Flight, emergency and critical care nurse, 44 years old, Santa Fe, N.M. “ It is very simple. ” 53 health care workers saw many children suffering from easily preventable infections, some of whom died from them.
Persons: Gaza Daniel Benneworth, Gray, I’ve, , Mimi Syed, Khan Younis, , ” Dr, Mohamad Rassoul Abu, bariatric, Nina Ng, Dr, Mark Perlmutter, Mount, Irfan Galaria, Khawaja Ikram, Israel, Ahlia Kattan, Ndal Farah Anesthesiologist, ” Asma Taha, Nahreen Ahmed, Aman Odeh, Mike Mallah, Deborah Weidner, Tanya Haj, Hassan, , Laura Swoboda, Feroze, couldn’t, Mohammed Al, Adam Hamawy, Talal Ali Khan Nephrologist, Arham Ali, Loma, Newborn, ” Monica Johnston Burn, ” Brenda Maldonado, Ayman Abdul, Ghani, Ammar Ghanem, Mohamad Abdelfattah, ventilators, ” Laura Swoboda, Benjamin Netanyahu, Israel’s, Harris, ProPublica, Peter Beinart, Kamala Harris, Ms, it’s Organizations: Nurses, Gaza’s Ministry of Health, West Bank, Mark Perlmutter Orthopedic, , United, Rights, Oxfam, United States, Israeli Defense Ministry, Committee, UNICEF, Gaza, Hamas, Biden, U.S Locations: Gaza, Ukraine, Haiti, Flint, Mich, Israel, Pittsburgh, Pa, New York City, N.Y, N.C, Chantilly, Va, , Savannah, Ga, Dallas , Texas, Costa Mesa, Calif, Toledo , Ohio, Santa Fe, Portland, Philadelphia, Austin , Texas, Charleston, S.C, Hartford, Conn, Olympia, Wash, Mequon, Wis, Lathrop, Ohio, South Brunswick, N.J, Oklahoma City, Okla, Loma Linda, Vancouver, Honolulu, Hawaii, Detroit, Tustin, United States, U.S, Al, Lebanese
The relationship between Trump and Putin has long been a source of controversy. AdvertisementWith only a month to go before the presidential election, Donald Trump's relationship with Russian President Vladimir Putin has once again come under the spotlight. In a forthcoming book, journalist Bob Woodward says that the former president and Putin have a closer friendship than previously known. The Ukraine war has already roiled markets for food, oil, gas, and other products, and wider conflict could have an even more devastating impact. If Russian President Vladimir Putin is victorious in Ukraine, it may embolden Chinese leader Xi Jinping to invade Taiwan.
Persons: Trump, Putin, , Donald Trump's, Vladimir Putin, Bob Woodward, Steve Cheung, Woodward, Robert Mueller, Yuri Gripas, Joe Biden, he'd, he's, JD Vance, Volodymyr Zelenskyy, Philip Ingram, Zelenskyy, Kenneth Rogoff, William Pomerantz, Vance, Xi, Ingram, Xi Jinping, Sergei Savostyanov, Jamie Dimon, Dimon, William Reinsch, Kamala Harris, Harris, Pomeranz Organizations: Service, CNN, Washington Post, Putin, Trump, Kremlin, REUTERS, Republicans, International Monetary Fund, Wilson Center, Getty, JPMorgan, CNBC, TV18, Center for Strategic, International Studies, Wall Street Locations: Ukraine, Russia, British, Europe, Washington ,, China, Russian, Taiwan, NATO, Asia, India, Pennsylvania
No matter who voters choose, whether it is former President Donald Trump or Vice President Kamala Harris , Liwag doesn't expect a meaningful shake-up in the outlook for defense stocks. Still, the analyst notes that even cases where an administration cuts defense spending, stocks can still carve out gains. During the Obama administration, the defense budget fell 3.3%, but defense stocks gained 2.1%. The defense stocks Morgan Stanley covers have outperformed the S & P 500 since Russia's invasion of Ukraine, Liwag said. "Historically, the conventional wisdom has been that Republicans are positive for defense spending and defense stocks, while Democrats are negative," Harned said.
Persons: Bernstein, Douglas Harned, Lockheed Martin, Morgan Stanley, Kristine Liwag, Donald Trump, Kamala Harris, Liwag, Bernstein's Harned, Harned, Harris, Wolfe Research's, Tobin Marcus, Marcus, Ronald Epstein, Epstein, Trump, Northrop, Obama, Northrop Grumman, Morgan Stanley's, Michael Ciarmoli, Truist, Leonardo Organizations: P Aerospace, Defense, Industry, L3Harris Technologies, Lockheed, CNBC, " Bank of America, Democratic, Senate, Republican, U.S . House, Trump White House, Republican Senate, Trump, Abrams, Space Force, Northrop Grumman, General Dynamics, Hamas, Dynamics, Northrop, Gulfstream, Leonardo DRS, Moog, Republicans Locations: Ukraine, U.S, Russia, Crimea, Iran, Israel
An Afghan national living in Oklahoma was charged this week with conspiring to carry out a terrorist attack on Election Day on behalf of the Islamic State terrorist group, according to court documents unsealed Tuesday. Nasir Ahmad Tawhedi, 27, was arrested Monday in connection with conspiring and attempting to provide material support to ISIS and getting firearms and ammunition to execute a violent attack in the United States on behalf of the terrorist group. Tawhedi made his initial appearance Tuesday in the federal courthouse in Oklahoma City, Oklahoma, before U.S. Magistrate Judge Suzanne Mitchell. According to court documents, Tawhedi indicated in seized communications that he planned his attack for Election Day, on Nov. 5. Tawhedi allegedly made efforts to liquidate his family’s assets, resettle family members abroad, and obtain AK-47 assault rifles and ammunition, according to court documents.
Persons: Nasir Ahmad Tawhedi, Tawhedi, Suzanne Mitchell, General Merrick Garland Organizations: Islamic State, ISIS, U.S, AK, Justice Department Locations: Afghan, Oklahoma, United States, Oklahoma City , Oklahoma
The announcement highlights an issue — safe drinking water — that Kamala Harris has prioritized as vice president and during her presidential campaign. Biden and Harris believe it’s “a moral imperative” to ensure that everyone has access to clean drinking water, EPA Administrator Michael Regan told reporters Monday. “We know that over 9 million legacy lead pipes continue to deliver water to homes across our country. Lead pipes can corrode and contaminate drinking water; removing them sharply reduces the chance of a crisis. The infrastructure law approved in 2021 provided $15 billion to help cities replace their lead pipes, but the total cost will be several times higher.
Persons: Joe Biden, Biden, Kamala Harris, Donald Trump’s, Harris, it’s, Michael Regan, , Nakeyja Cade bathes, Linda Davidson, Regan, , Erik Olson Organizations: Environmental Protection Agency, Washington, Getty, D.C, Natural Resources Defense Council, Water Works Association Locations: Flint , Michigan, Wisconsin, Flint, Mich, Chicago, Cleveland , New York, Detroit, Milwaukee, Newark , New Jersey, Benton Harbor , Michigan, Washington
Anna Maria Island, Florida CNN —Carol Whitmore couldn’t pack her big SUV to leave this barrier island as Hurricane Milton aimed Tuesday for Florida’s west coast with already-historic fury. Hurricane Helene took it two weeks ago. Still, for a while in Helene, Whitmore was cut off. Storm damage from Hurricane Helene sits Tuesday in a True Value store on Anna Maria Island, Florida. A lot of people going through a lot worse.”Dune sand pushed inland by Hurricane Helene sits Tuesday on streets on Anna Maria Island in Manatee County, Florida.
Persons: Anna Maria, Florida CNN — Carol Whitmore couldn’t, Milton, Helene, Whitmore, Maddie, , , ” Whitmore, Jane Castor, Holmes, Bill Tokajer, Jake Keglor, ” Keglor, Keglor, who’d, Angel –, Hurricane Helene, Paul Murphy, CNN “ We’ve, Greg Mullis, Gandy, “ We’ve, Dan Whelan, , Marie Saveikis, “ I’m, it’s, Anna Maria Island, Skip, Annie Radick, Annie, ” Skip, Tokajer, , “ We’re, Helene … “, You’ve, “ It’s, he’d, ” CNN’s Paul P, Murphy, Michelle Krupa, Leigh Waldman Organizations: Florida CNN, Social, CNN, College H.U.N.K.S, Holmes Beach, National Weather Service Locations: Anna Maria Island, Florida, Florida’s, Helene, Manatee County, Orlando, Mexico, Tampa, Seminole, St . Petersburg, Hurricane, Anna Maria Island , Florida, Pinellas County, Milton, Clearwater, Anna Maria Island , Montana, Anna, Manatee County , Florida, Atlanta
CNN —The Justice Department announced charges Tuesday against an Afghan national who was allegedly plotting a terrorist attack in support of ISIS on Election Day in the United States. The juvenile has also been arrested, according to court documents. The indictment comes as the Justice Department has publicly – and repeatedly – said its focus is on protecting the November presidential election from foreign threats. Tawhedi’s alleged plot, which prosecutors say was aimed at targeting “large gatherings of people,” was foiled less than a month before voters head to the polls. They also cited a video found on the phone that prosecutors say showed the 27-year-old telling his child about the rewards a martyr receives in the afterlife.
Persons: Nasir Ahmad Tawhedi, Tawhedi, , Tawhedi’s, , General Merrick Garland, Christopher Wray, Garland, ” Tawhedi Organizations: CNN, The Justice Department, Afghan, ISIS, FBI, Justice Department, White Locations: United States, Oklahoma, Afghanistan, Oklahoma City, Washington
They said Hubbard was provided with training, weapons and ammunition when he allegedly signed up in February 2022, the same month Moscow sent thousands of troops into Ukraine. He was detained by Russian soldiers on April 2 of that year, the RIA state news agency quoted the prosecutor as saying last month. Russian state media said Hubbard had pleaded guilty to the charge. He stood up, seemingly with difficulty, to hear the judge in the Moscow City Court pronounce him guilty, removing his hat to reveal a shaved head. He never learned Russian or Ukrainian, and had few connections to locals, she said.
Persons: Stephen James Hubbard, convicting, Hubbard, Hubbard’s, Patricia Hubbard Fox, Fox, Robert Gilman Organizations: MOSCOW, Reuters, Court, RIA, Ukrainian Foreign Affairs Ministry, U.S, Fox, West Locations: Ukraine, Michigan, Izyum, Moscow, American, Japan, Cyprus, Ukrainian, Russian, Russia, Voronezh
Vista Outdoor has announced a deal to sell its two divisions for $3.4 billion. It is set to sell Revelyst, its sporting goods business, for around $1.13 billion. That deal is subject to the completion of the sale of its ammunition business, Kinetic Group, for about $2.23 billion. Advertisement"Together, the CSG Transaction and the SVP Transaction represent an enterprise value of $3.35 billion for Vista Outdoor and will deliver an estimated $45 per share in cash to Vista Outdoor stockholders," the press release says. AdvertisementCzechoslovak Group is being advised by JPMorgan on the new deal, while Morgan Stanley is advising Vista Outdoor.
Persons: , Michael Callahan, Morgan Stanley, Vista's Organizations: Kinetic, Service, Partners, Czechoslovak Group, CSG, Vista, Vista Outdoor, Reuters, JPMorgan, Moelis, Company Locations: Minnesota, Prague
Vista struck a deal to sell its sporting goods unit, Revelyst, to investment firm Strategic Value Partners for $1.1 billion, according to a statement seen by Reuters. Taken together, the two deals value Vista at $45 per share, topping a rival $43 per share offer from MNC Capital, an investment firm led by former Vista board member Mark Gottfredson. The sale of Revelyst is expected to close by January, subject to regulatory approvals and the completion of the CSG deal. In June, the CSG deal was cleared by the Committee on Foreign Investment in the United States, which reviews foreign investments over possible national security concerns. In July, Vista launched a strategic review to explore all its options, after failing to gather investor support for the CSG deal.
Persons: Vista, Mark Gottfredson, Michael Callahan, Glass Lewis, David Geenberg, MNC's, Victor Khosla, Morgan Stanley, Moelis, Goldman Sachs Organizations: Flag, New York Stock Exchange, Partners, Reuters, Czechoslovak Group, CSG, MNC Capital, Vista, MNC, Institutional, Services, Federal, Remington, Foresight, Bushnell Golf, North, Foreign Investment, Strategic Value Partners, JPMorgan Locations: U.S, Prague, Revelyst, Minnesota, Russia, Ukraine, North America, United States, Colleyville , Texas
The September jobs report came in stronger than expected, with 254,000 jobs added. AdvertisementThe latest jobs report might be just what Vice President Kamala Harris needs. The latest jobs report could change that — taking away some of former President Donald Trump's ammunition to hammer Harris on the economy. AdvertisementRecent days have included not only a stellar jobs report but also the end for now of the dockworkers' strike at East Coast ports. "With today's report, we've created 16 million jobs, unemployment remains low, and wages are growing faster than prices," the statement said.
Persons: Kamala Harris, Trump, Harris, Biden, , Joe Biden, Donald Trump's, Matt Colyar, Colyar, Pew, leaners, they're, we've, Labor Julie Su, We've, we're Organizations: Service, Moody's, University of Michigan's, Consumers, Pew Research Center, Democratic, Republican, The New York Times, Siena College, Pew Research, Labor Locations: East Coast
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