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☆ Being a people leader is more important than ever. Emerging tech could help them be at their best, says Mastercard exec.
▼ + stars: | 2024-11-07 | by ( Jean Paik | ) www.businessinsider.com time to read: +8 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In 2022, the company launched Unlocked, an AI-driven internal talent marketplace that allows employees to pursue skill-building and career-development opportunities. At Mastercard, we have looked at what makes a leader in the context of all of the different emerging trends and changes in the external environment. And then we put in place a lot of different programming to enable people leaders to show up at their best. How do you think employees are feeling right now about the competing narratives around AI — that it's potentially highly disruptive but also a great opportunity?

Persons: Lucrecia, —, Borgonovo, it's, we're, I've, We're, they're, I'm, we've Organizations: Service, Business, Mastercard

☆ How a former unhoused New Yorker helps combat food insecurity in his city
▼ + stars: | 2024-11-07 | by ( Alaa Elassar | ) edition.cnn.com time to read: +17 min

New York City is experiencing its highest level of homelessness since the Great Depression, according to the non-profit group Coalition for the Homeless. Another New York non-profit, City Harvest, says nearly 1.3 million residents are food insecure, including 1 in 4 children, in America’s most populous city. Is there anyone on this train who’s hungry?” Thomas bellows from the center of the car. But with the number of unhoused and hungry people in New York City only growing, the task often feels daunting. The food is saving someone’s lifelong term, but for him I was helping him live, right there on the spot.”Henry Thomas distributes food in the New York City subway.

Persons: Henry Thomas, Thomas, ”, “, “ I’m, ” Carl Thomas, Julian Rigg, Carl, Rolando “ Divine ” Farrow, Farrow, who’s, –, Eric Adams, Kathy Hochul, Hochul, Adams, ” Adams, Thomas isn’t, ” Thomas, Henry, Carl Thomas, ‘ I’ve, Joe, Thomas ’, “ I’ve, ” Henry Thomas, he’s, Kendrick Lamar, someone’s, Thomas peeks Organizations: New, New York CNN, CNN, Homeless, Coalition, Food, Therapeutic, Gov, Nutrition Assistance, Women, of Social Services, Prevention, West, Penn Locations: New York, Herald, Yorkers, . New York City, America’s, Greeley, Park, Staten, Staten Island, New York City, Harlem, Midtown Manhattan, Senegal

☆ Citi needs a white knight. Donald Trump's second term might provide one.
▼ + stars: | 2024-11-07 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

AdvertisementDonald Trump's presidential victory and his promise of light regulation could help relieve one of Citi's biggest problems. Wells Fargo analyst Mike Mayo called Trump's win a "regulatory game changer" in a research note. For instance, the OCC has required Citi to submit plans each quarter to ensure they are allocating enough resources to the Transformation effort. AdvertisementSince the July fines, Citi has faced mounting pressure. A few weeks later, Fraser was dogged by questions in an earnings call about the bank's regulatory fate.

Persons: hasn't, Donald Trump's, bode, Jane Fraser, —, Wells, Mike Mayo, Trump, Michael Hsu, Jerome Powell, Stephen Biggar, Sen, Elizabeth Warren, Fraser, Vivek Juneja Organizations: Citi, Service, Wednesday, Federal Reserve, Currency, Trump's, OCC, Economic, of New, Republican, Argus Research Locations: of New York

☆ The Calm app bought ad blocks on CNN and ABC on election night to give viewers '30 seconds of silence'
▼ + stars: | 2024-11-07 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

The Calm app bought some prime advertising space on election night. It bought ad blocks on CNN, ABC, and Comedy Central to give viewers "30 seconds of silence." "I give this campaign an A+," said Pauline Brown, a marketing professor at Columbia Business School. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The advertisement involved a video with the message: "We bought this ad space to give you 30 seconds of silence.

Persons: Pauline Brown, —, Donald Trump, UVCEWlOqpB — Dean Phillips, Americus Reed, Reed, Joe Biden Organizations: CNN, ABC, Comedy Central, Columbia Business School, Service, The Wharton School, Trump

Republican Tim Sheehy has defeated Democratic Sen. Jon Tester in Montana, NBC News projects, deepening the GOP’s projected Senate majority after the party's wins in West Virginia and Ohio. Sheehy, a former Navy SEAL, defeated the three-term senator by consolidating Republican voters in a state that has turned a deeper shade of red in recent years. Sheehy and his allies cast Tester as a liberal Democrat who votes with President Joe Biden and Vice President Kamala Harris, undercutting the incumbent’s reputation as a centrist. But Democrats were cautiously optimistic that Montana voters would look at the presidential race and the Senate race through different lenses. While Sheehy had said he would respect Montana voters’ decision on the issue, he appeared open to supporting federal action on abortion, which Democrats exploited on the campaign trail and on the airwaves.

Persons: Tim Sheehy, Democratic Sen, Jon Tester, Sheehy, Joe Biden, Kamala Harris, Tester Organizations: Democratic, NBC News, Navy, Republican, Republicans, Senate Locations: Montana, West Virginia, Ohio, state’s

Constitutional amendments to protect or expand abortion passed in seven of the 10 states where they appeared on the ballot Tuesday, NBC News projects. Voters in Arizona and Missouri approved ballot initiatives that will effectively protect abortion rights until fetal viability and undo existing abortion laws on the books. But voters in Florida, Nebraska and South Dakota rejected proposed amendments that would have done the same — becoming the first pro-abortion-rights ballot measures to fail since the Supreme Court overturned Roe v. Wade in June 2022. The other amendment, that would have enshrined abortion rights until fetal viability in the conservative state’s constitution, was rejected. The defeats of the amendments in Florida, Nebraska and South Dakota ended what had been an unbroken winning streak for ballot measures backing abortion rights in the 2½ years since the fall of Roe.

Persons: Roe, Wade, ” Organizations: NBC, Voters, ” Locations: Arizona, Missouri, Florida , Nebraska, South Dakota, Maryland , Montana , Nevada, New York, Colorado, In Nebraska, In Florida, Florida

Arizona voters on Tuesday approved an amendment enshrining abortion rights in the state constitution, NBC News projects. A fundamental right to abortion is part of the Arizona Constitution once and for all. In April, the conservative-leaning Arizona Supreme Court ruled to reinstate a near-total ban on abortion from 1864. Arizona for Abortion Access, the coalition of reproductive rights organizations behind the ballot effort, had shattered the record for the number of valid signatures gathered for a ballot initiative in the state. Constitutional amendments to enshrine abortion rights were on the general election ballots in nine other states Tuesday: Colorado, Florida, Maryland, Missouri, Montana, Nebraska, Nevada, New York and South Dakota.

Persons: it’s, Chris Love, Roe, Wade, Katie Hobbs Organizations: NBC, Arizona Constitution, Arizona Supreme, Republicans, Democratic, Republican, Abortion Locations: Arizona, U.S ., Colorado , Florida , Maryland , Missouri, Montana , Nebraska , Nevada , New York, South Dakota

A ballot measure that would have enshrined abortion rights in Florida's constitution failed on Tuesday, NBC News projects, after a political fight that was among the most hotly contested in the state this election cycle. The amendment won majority support from Florida voters, but it needed to cross the 60% threshold to pass under state law. Its defeat is a setback for reproductive rights groups in the red-leaning state and a victory for Republican Gov. Even though the ballot measure failed, the NBC News Exit poll found that 65% of Florida voters said abortion should be legal in all or most cases. Another ballot measure DeSantis opposed, the effort to legalize the use of recreational marijuana in Florida, also failed on Tuesday, NBC News projected.

Persons: Ron DeSantis, Roe, Wade, DeSantis, ”, Jessica Rosenworcel Organizations: NBC News, Republican Gov, DeSantis, U.S, Supreme, American Civil Liberties Union, “, Federal Communications, NBC Locations: Florida, Iowa

☆ 4 major wins for YIMBYs on election night — and one loss
▼ + stars: | 2024-11-06 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

Many of the efforts were focused on allocating more funds for affordable housing. They voted for a slew of measures, most of which will create additional funding for affordable housing. Affordable housing bonds in Rhode Island, North Carolina, and BaltimoreSeveral cities and states along the East Coast voted on Tuesday to fund affordable housing bonds. Proponents of stricter rent control say preventing landlords from price gauging is key to protecting the most vulnerable tenants. Freemark argued that it's unclear what the mixed results on rent control mean for the pro-housing movement.

Persons: —, Donald Trump's, Yonah, Karen Bass, Angelenos, Charlotte, Hill, Anselmo —, Freemark, I'm Organizations: Service, Trump, Republican Party, Urban Institute, LA, East Coast, Orlando In, Denver Locations: Angeles, Los Angeles County, LA, Rhode Island , North Carolina, Baltimore, Rhode Island, homebuyers, North Carolina, Asheville, New Orleans, Orlando, Orlando In New Orleans, Orlando , Florida, Denver, California, Hoboken , New Jersey

☆ Corporations raised $16 million to oppose Oregon's universal basic income plan. They won.
▼ + stars: | 2024-11-06 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Oregon's universal basic income measure failed, with 78.8% of voters opposing the policy. Basic income programs have been tried across the US as an approach to poverty reduction. AdvertisementOregon's effort to institute a statewide universal basic income failed on November 5. Alaska also has a program that resembles basic income, but it's structured differently than Oregon's proposal. The Alaska Permanent Fund, which began in the 1970s, is a model similar to universal basic income.

Persons: —, hasn't, Andrew Yang Organizations: Service, Associated Press, Universal, Democratic, Alaska Permanent Fund Locations: Oregon, Alaska, Oregon's, California, New Mexico

While on the campaign trail, Trump threatened retribution against some tech companies, including jailing Meta's chief, Mark Zuckerberg. "That is likely to have devastating consequences for US tech companies that sell in foreign markets as well as crippling domestic consumption." Hay said that while most presidents wouldn't have any say on existing cases, "Trump is a bit more of a wild card." AdvertisementBut still, he said, new guidelines wouldn't have much impact on the biggest tech companies. There are fears that if H1-Bs are restricted under the second Trump administration, the US could lose its competitive edge on the world stage.

Persons: Donald Trump, —, Trump, Elon, marveling, — Musk, jailing, Mark Zuckerberg, Zuckerberg, Mark Lemley, Lemley, GlobalData's Neil Saunders, Chris Walton, Walton, there's, George Hay, Hay, wouldn't, Kamala Harris, Dan Romanoff, Joe Biden, Anna Rathbun, Biden, he's, Rathbun, James Brundage, Saunders, Valerie Wirtschafter, Harris, Romanoff, Wirtschafter Organizations: Trump, Big, Service, SpaceX, Big Tech, Google, Justice Department, Department, Barclays, Stanford Program, Law, Science & Technology, Business, Retail, Target, Apple, Cornell University, Republicans, Morningstar, AT, Time Warner, Republican, Walmart, Brookings, Artificial Intelligence, Emerging Technology Initiative Locations: Americas

Abu Dhabi and Jerusalem CNN —If his first term in the White House is any indication, President-elect Donald Trump is likely to keep the Middle East high on his agenda. But the Middle East has changed significantly since he left office in 2021, and all regional actors are keenly watching how the new president will navigate these shifts. Here’s how Trump’s election could affect key players in the Middle East:Israel and the PalestiniansEnding the wars in Gaza and Lebanon and integrating Israel in the Middle East are likely to be at the top of the president-elect’s Middle East agenda, analysts said. “When the war will be over, you’ll need a real restart in the Middle East,” and Trump will be the best person to bring about a “new Middle East,” Bismuth added. Nadav Shtrauchler, a political strategist who has worked closely with Netanyahu, said Trump’s election sends a message to Israel’s enemies in Iran.

Persons: Jerusalem CNN —, Donald Trump, Trump, Benjamin Netanyahu, Saudi Arabia’s King Salman bin Abdulaziz Al Saud, Prince Mohammed bin Salman, Fatemeh Mohajerani, “ Netanyahu, ”, Mustafa Barghouti, Alon Pinkas, “, ” Pinkas, Joe Biden’s, Pinkas, ” Trump, Evan Vucci, Netanyahu, haven’t, Biden, Boaz, Trump’s, Nadav, Yoav Gallant, Harris, ” Shtrauchler, Qasem Soleimani, Ali Vaez, Ayatollah Ali Khamenei, Atta Kenare, – Israel, …, ” Vaez, –, “ Trump, Vaez, Jamal Khashoggi, Hasan Alhasan, Saudi Arabia's Crown Prince Mohammed bin Salman, Mandel Ngan, ” Alhasan, “ They’re, CNN’s Dana Karni, Irene Nasser, Eyad Kourdi Organizations: Jerusalem CNN, Jewish, White House, America, Saudi, United Arab, Trump, Palestinian National Initiative, CNN, West Bank, Palm Beach Convention, Israel, Likud, Abraham Accords, Islamic, Iran Project, Crisis, Biden, Getty, US, Washington Post, Middle, International Institute for Strategic Studies, Saudi Arabia's Crown, White, Shanghai Cooperation Organization, SCO, –, Hamas Locations: Abu Dhabi, Jerusalem, Saudi, Iran, Israel, America, United Arab Emirates, UAE, East, Gaza, Lebanon, Israeli, Palm Beach, Florida, Syria, Tehran, Republic, United States, AFP, Saudi Arabia, Arab, Riyadh, Bahrain, Yemen, China, Washington, Beijing, decouple, Qatar

AI regulation is likely to change under Trump, but major antitrust cases are unlikely to be impacted. While on the campaign trail, Trump threatened retribution against some tech companies, including jailing Meta chief Mark Zuckerberg. "That is likely to have devastating consequences for US tech companies that sell in foreign markets as well as crippling domestic consumption." AdvertisementBut still, new guidelines won't have much impact on the biggest tech companies, Hay said. Experts fear that, if H1-Bs are restricted under the second Trump administration, the US could lose its competitive edge on the world stage.

Persons: Donald Trump, —, Trump, Elon, marveling, — Musk, jailing, Mark Zuckerberg, Zuckerberg, Mark Lemley, Lemley, Neil Saunders, Chris Walton, Walton, there's, George Hay, Hay, wouldn't, Kamala Harris, Dan Romanoff, Joe Biden, Anna Rathbun, Biden, Rathbun, James Brundage, Ernst, Saunders, Valerie Wirtschafter, Harris, Romanoff, Wirtschafter Organizations: Trump, Big, Service, SpaceX, Big Tech, jailing Meta, Google, Justice Department, Department, Barclays, Stanford Program, Law, Science & Technology, Retail, Target, Apple, Cornell University, Republicans, Morningstar, AT, Time Warner, Republican, Walmart, Brookings, Artificial Intelligence, Emerging Technology Initiative Locations: Americas

☆ OpenAI hires Meta's former Orion head to lead its robotics efforts
▼ + stars: | 2024-11-05 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

The former head of Meta's Orion augmented reality glasses initiative has joined OpenAI to lead the startup's robotics and consumer hardware efforts. OpenAI has gained popularity for its viral chatbot, ChatGPT, but the hiring underscores its apparent efforts to move into building and selling hardware. Former Apple exec Jony Ive, who helped design some of Apple's most iconic products from the iMac to the iPhone, has also partnered with OpenAI to create an AI device. The startup focuses on "bringing general-purpose AI into the physical world," per its website, and it aims to do this by developing large-scale artificial intelligence models and algorithms to power robots. Kalinowski's first day on the job at OpenAI is Tuesday, Nov. 5, per a LinkedIn post.

Persons: Orion, OpenAI, Caitlin, CK, Kalinowski, Jony, Jeff Bezos, Meta Organizations: Apple, Physical Intelligence, Amazon, Lux Capital, Bond Capital, Meta, Orion, Pro Locations: San Francisco, OpenAI

☆ School choice is gaining momentum, and it's on the ballot in 3 states. We want to hear what you think.
▼ + stars: | 2024-11-05 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

Critics have said that school choice puts public education at risk by diverting funds away from public schools and that some school choice initiatives have disproportionately helped wealthier families. Colorado's Amendment 80 establishes a constitutionally protected right to school choice for children from kindergarten through 12th grade. If the law is repealed, it would get rid of the state's school choice program. Related storiesIf the state ballot initiatives pass, they would build on the existing school choice programs across the country. Arizona added to the momentum by creating the first universal voucher program in 2022, and nearly 30 states have some form of a school choice program.

Persons: Critics, —, Andy Beshear, Kentucky Sen, Rand Paul Organizations: Service, Kentucky Center for Economic, Kentucky Gov, Republican Locations: Nebraska , Colorado, Kentucky, Colorado , Kentucky, Nebraska, Ohio, Arkansas, Arizona

☆ Vegas Justice League nonprofit has helped solve over 100 cold murder cases
▼ + stars: | 2024-11-05 | by ( Alaa Elassar | ) edition.cnn.com time to read: +8 min

But a suspect was not identified until 2021 with the assistance of the Las Vegas-based nonprofit Vegas Justice League. Crowdfunded crime solvingFounded in 2020 by entrepreneur Justin Woo, the Vegas Justice League – and his nationwide initiative Project Justice – has helped solve 41 cold cases across the country, including nine murders in Las Vegas. Putting the puzzle togetherVegas Justice League has also funded the ongoing DNA testing for at least 82 other ongoing cases. Clark County Commissioner Michael Naft, alongside the Las Vegas Metropolitan Police Department, honored the Vegas Justice League with a key to the Las Vegas Strip for their efforts in solving cold murder cases. Las Vegas Metropolitan Police DepartmentThe idea for Vegas Justice League started when Woo learned about Othram and saw that they were crowdfunding for cases.

Persons: CNN — Melonie White, White, White’s, Arthur Joseph Lavery, Lavery, Justin Woo, Vegas Justice League –, –, Jane Doe ”, Arthur Lavery, Woo, Lydia Ansel, ” Walter White, Jason White, “, ” Jason White, Jason Johansson, ” Johansson, ” Ansel, GEDMatch, Joseph James DeAngelo, Michael Naft, Stephanie Isaacson, ” Woo, Ansel Organizations: CNN, Recreation Area, Las Vegas Metropolitan Police Department, Las, Vegas Justice League, Metropolitan Police, Justice League, Arizona State University, Golden State, Las Vegas Locations: Lake Mead, Las Vegas, Texas, Vegas, Sacramento , California, Clark, Las, “

☆ Can Donald Trump vote in the 2024 election? Here’s what to know
▼ + stars: | 2024-11-05 | by ( Tierney Sneed | ) edition.cnn.com time to read: +1 min

CNN —While Florida generally makes it challenging for people in the state with felony convictions to regain their voting rights, former President Donald Trump will have no issue casting a ballot for himself today in Palm Beach. The first former US president convicted of a felony, Trump is scheduled to be sentenced on November 26. Under Florida law, if a voter has an out-of-state conviction, Florida will defer to that state’s laws for how a felon can regain his or her voting rights. For other Floridians with felony convictions, the rules are not so simple. A successful 2018 ballot initiative restoring voting rights to those who had completed the terms of their sentence was gutted by state Republican lawmakers.

Persons: Donald Trump, Trump, Stormy Daniels Organizations: CNN, Trump Locations: Florida, Palm Beach, Manhattan, New York

ArizonaThe Arizona Abortion Access Act would enshrine the right to an abortion in the state constitution up to fetal viability, around 22 to 24 weeks into pregnancy. Abortion rights supporters say the moment served as a stark reminder of what could come if reproductive rights aren’t enshrined in the state constitution. ColoradoThe Colorado Right to Abortion and Health Insurance Coverage Initiative would enshrine abortion rights in the state constitution and approve the use of public funds for abortion. In Nevada, an amendment must be passed in two successive general elections before it can be added to the state constitution. While proponents have focused on abortion rights, opponents have used the measure’s broad nature to raise concerns about transgender and parental issues.

Persons: CNN —, Roe, Wade, Here’s what’s, Ron DeSantis ’, Montana, Bob Evnen Organizations: CNN, US, Arizona, Colorado The, Republican Gov, Republicans, Nebraska, New Locations: Arizona , Florida , Missouri , Nebraska, South Dakota, Nebraska, Arizona , Colorado , Florida , Maryland , Missouri, Montana , Nebraska , Nevada , New York, Arizona, Colorado, Colorado The Colorado, Florida, Maryland, Missouri, Nevada, New York, Dakota

☆ Nebraska Initiative 439 Election Results 2024: Right to Abortion
▼ + stars: | 2024-11-05 | by ( Leanne Abraham | ) www.nytimes.com time to read: 1 min

This measure would amend the state Constitution to establish a right to the procedure until fetal viability, or when necessary to safeguard the health of the pregnant patient.

☆ China reviews plan to increase local government debt
▼ + stars: | 2024-11-05 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — A closely watched meeting of China's parliament standing committee on Monday reviewed a proposal to raise the local government debt limit, according to state media. New debt would go toward replacing hidden debt, the report said, noting that Finance Minister Lan Fo'an spoke at the meeting on the plan. Lan indicated at a press conference last month that an increase in the local debt limit was in the works. Local authorities in China have historically been responsible for much of public services spending, but have struggled financially as revenue from land sales to developers has dropped. China has about 50 trillion yuan to 60 trillion yuan (about $7 trillion to $8.45 trillion) in outstanding hidden debt, according to Ting Lu, chief China economist at Nomura.

Persons: Lan Fo'an, Lan, Ting Lu Organizations: of, Initiative, Local, Nomura Locations: Beijing, China, BEIJING

Bad Bunny is recognized globally for establishing reggaeton as a mainstream music genre and exporting Puerto Rican culture to the world. Puerto Rico has given an organic endorsement,” Bad Bunny told the thousands at the rally. It’s you, the people of Puerto Rico, who have told me that on Nov. 5th, we must vote for Juan Dalmau and the ‘Alianza’” (Alliance). Bad Bunny's message connects with young voters in Puerto Rico who have never lived in a Puerto Rico that’s not riddled with crisis, said Jorge Schmidt Nieto, a political science professor at the University of Puerto Rico in Mayagüez. Bad Bunny talks about his upbringing — and makes it politicalIn his 20-minute speech Sunday, Bad Bunny opened up about his upbringing in Puerto Rico — and linked it to Puerto Rico's recent political turmoil.

Persons: Bunny, Zers, “, ”, It’s, Juan Dalmau, Dalmau, Bad Bunny, Pedro Pierluisi, Puerto Rico that’s, Jorge Schmidt Nieto, Apagón, Una Velita, Carlos Vargas, Ramos, Vargas, —, Benito Antonio Martínez Ocasio, Pedro Rosselló, Vega Baja, Luis Fortuño, Schmidt Nieto, Hurricane Maria, Charles Venator, There's, ” Venator, theis, Rosselló, Santiago, García, Sin Suela Organizations: Puerto, Alianza ’ ”, Puerto Rican Independence Party, Citizens, Puerto Rico's, New Progressive Party, Gov, Popular Democratic Party, University of Puerto, Puerto Rican, Ricans, Center, Puerto Rican Studies, Hunter College, Puerto Rico —, Alliance, Islanders, Hurricane, University of Connecticut, Puerto Ricans Locations: Puerto Rican, Puerto Rico, Puerto, University of Puerto Rico, Mayagüez, New York, Vega, Santiago, Puerto Rico’s

The head of Myanmar’s military government will pay an official visit this week to China, the embattled Southeast Asian nation’s most important international ally, for several regional meetings, state-run media reported on Monday, amid concern by the opposition. The visit comes as Myanmar’s army has suffered unprecedented battlefield defeats over the past year, especially in areas near the Chinese border. Myanmar’s pro-democracy opposition has expressed concern about China welcoming a visit by Min Aung Hlaing. It is Min Aung Hlaing and his group who are destroying these things,” Kyaw Zaw said. Myanmar’s army has been on the defensive since late last year when ethnic armed organizations dealt it major defeats in the country’s northeast.

Persons: Min Aung Hlaing, Aung, Suu Kyi, Myanmar’s, Min Aung, Chao, Kyaw Zaw, “, Aung Hlaing, ” Kyaw Zaw, Suu Organizations: Mekong Economic Cooperation, National Liberation Army, AFP, Getty Images, Association of Southeast Asian Nations, ASEAN, National Unity Government, Facebook, National League for Democracy, Brotherhood Alliance, ”, Myanmar National Democratic Alliance Army, Arakan Army Locations: China, Suu, Beijing, Myanmar, Kunming, Cambodia, Laos, Vietnam Cooperation, China’s Yunnan, ” China, Russia, Kyaukme, Getty Images Russia, Jakarta, Shan

☆ Lobito Corridor: Angola’s US, Europe-backed railway could change how minerals move in Africa – and globally
▼ + stars: | 2024-11-04 | by ( Amy Gunia | Jackelyn Prager | ) edition.cnn.com time to read: +6 min

CNN —In late August, a container vessel sailed out of Angola’s Port of Lobito carrying railway operator Lobito Atlantic Railway’s first shipment of copper from the Democratic Republic of Congo (DRC) to the US. That’s about 30 days faster than a road journey, according to Francisco Franca, the CEO of Lobito Atlantic Railway (LAR), a consortium of firms that took over operations of the railway in January. The ship took Lobito Atlantic Railways first shipment of copper to the US. “Lobito Corridor is not just a railway line, but is the economic development along the corridor,” said Franca, the CEO of LAR. For companies like his, the benefits of the Lobito Corridor are clear.

Persons: CNN —, Francisco Franca, Franca, LAR, Washington jostle, Emmet Livingstone, Joe Biden, “, David Reekmans, Reekmans, Asia ”, Trump, Joao Manuel Goncalves Lourenco, Evelyn Hockstein, Xi Jinping, ”, Wamkele Mene, Décio Catarro Organizations: CNN, Democratic, Lobito Atlantic Railway, Washington, MSC, Lobito Atlantic Railways, Atlantic Railway, Initiative, Benguela Railway, Partnership for Global Infrastructure, Investment, Getty, Port, White House, Reuters, African Continental Free Trade Area, Industry Locations: Angola’s Port, Lobito, Democratic Republic of Congo, DRC, Europe, Kolwezi, Angola, Africa’s, Beijing, Benguela, China, Africa, Washington, AFP, America, Asia, Zambia, Tanzania, Tanzanian

In late-September reports, strategists at J.P. Morgan and Fitch Ratings had predicted two additional interest rate trims by the end of 2024 and expect such reductions to continue into 2025. The CME Group's FedWatch tool puts the probability of a 25-basis-point cut at this week's November meeting at 98%. The current probability of the benchmark rate being taken down by another 25 basis points at the December meeting is 78%. "The end of financial repression, of zero interest rates and zero inflation, that era is over. Interest rates will be higher, will be challenged around the world.

Persons: Brendan McDermid, Saudi Arabia —, aren't, Morgan, CNBC's Sara Eisen —, Goldman Sachs, Carlyle, Morgan Stanley, Jenny Johnson, Franklin Templeton, Larry Fink, " Fink, David Solomon, Ted Pick, Pick, Francis Fukuyama Organizations: New York Stock Exchange, Reuters, Wall, Federal Reserve, Fed, Fitch, Saudi, Future Investment Initiative, Standard Chartered, CNBC, U.S . Bureau of Labor Statistics Locations: Reuters RIYADH, Saudi Arabia, U.S, BlackRock

☆ An Oregon airport is trying to alleviate travel anxiety with llama therapy
▼ + stars: | 2024-11-04 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

Portland airport is using llamas and alpacas for stress relief at its terminals. Animal therapy appears to lower anxiety and promote mood-lifting hormones. AdvertisementAn airport in Oregon is trying to ease nervous flyers' concerns by providing them with access to an unusual animal therapy program. Most existing studies are focused on therapy dogs, which are increasingly being used in airports, such as London Stansted and Istanbul Airport. Denver International Airport has the world's largest animal therapy program, for which it was awarded the Guinness World Record in 2021.

Persons: —, Allison Ferre, Mintel Organizations: Service, Portland International, NPR, UCLA Health, London Stansted, Istanbul Airport, Port, Business, International, Guinness, Disease Control, Prevention Locations: Portland, Oregon, Ridgefield , Washington, New York City, Istanbul, Port of Portland

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