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☆ Luxury stocks may be a risky China stimulus bet
▼ + stars: | 2024-10-19 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +7 min

A post-pandemic spending surge led to luxury stocks such as LVMH to reach all-time highs in early 2023, but that soon changed. We believe improved confidence and sentiment is required to reach even our flat year-over-year Chinese luxury growth forecast for 2025," Wallace noted. Luxury stocks are feeling the pressure — year to date, U.S.-traded shares of major players LVMH and Kering are down about 17% and 41%, respectively. Analysts and investors are mixed as to whether the Chinese stimulus measures can revive luxury spending growth among consumers — and whether it will create a meaningful tailwind for luxury companies. Whether the luxury sector can continue growing at the same levels without as much Chinese consumer spending remains in question.

Persons: — stoking, Ben Harburg, Morgan Stanley, Ashley Wallace, Wallace, Jean, Jacques Guiony, Moncler, Hermes, Prada, Richemont, LVMUY CFRUY, —, Edouard Aubin, Sauron, Harburg, LVMH's Guiony, we've Organizations: Alpha, Bank of America, of America, Consumers Locations: China, Covid, 3Q24, U.S, LVMH

WASHINGTON — A Donald Trump supporter who stormed the Capitol and assaulted law enforcement officers now says she was "duped" by the former president's lies about the 2020 election. One of the officers who Bell, a 62-year-old Trump supporter, encountered was the late Jeffrey Smith. U.S. District Court for the District of Columbia. U.S. District Court for the District of Columbia. Moloney admitted that he assaulted officers with “Black Flag Wasp, Hornet, & Yellow Jacket Killer” spray and that he assaulted two people he thought were with the media.

Persons: WASHINGTON, Donald Trump, Dana Jean Bell, Timothy J, Kelly, Bell, belligerently, Jeffrey Smith, “, ” Bell, Smith, Erin Smith, Jeffrey Smith's, Donald Trump’s, Trump, Dana, Peter G, Moloney Organizations: Capitol, U.S, U.S . Capitol Police, Metropolitan Police Department, United States Capitol, Trump, District of Columbia, Justice Department, Washington Nationals, Wasp Locations: Long Island

☆ Minimum wage is on the ballot in 5 states this November. Here's how the votes could go
▼ + stars: | 2024-10-18 | by ( Annie Nova | ) www.cnbc.com time to read: +6 min

"Since 2014, 12 states have passed minimum wage increases through ballot measures," Martinez Hickey told CNBC. Meanwhile, voters in Arizona will decide on a ballot measure that would lower the minimum wage for tipped workers. Here's what's at stake for workers who make the minimum wage, and the employers who pay them, in next month's election. 1 would raise the minimum wage to $13 in 2025, and to $14 in 2026. Question 5 in Massachusetts would slowly phase out its tipped minimum wage of $6.75 per hour, until it eventually matches the state's standard minimum wage by 2029.

Persons: Lucy Nicholson, Sebastian Martinez Hickey, Martinez Hickey, Here's, erick Pasquier, Joelle, Hall, Kati Capozzi, Capozzi, Richard von Glahn Organizations: California Labor, Reuters, Economic, Institute, CNBC, Alaska AFL, Alaska Chamber, Healthy Families, San Francisco, LAO, Massachusetts Institute of Technology Locations: Alaska , Missouri, California, Arizona, Alaska, United States, Bering Sea, Missouri, North America, U.S, Massachusetts Institute of Technology . Massachusetts, Massachusetts

☆ UBS launches its experiential "House of Craft" campaign in New York as Credit Suisse integration continues
▼ + stars: | 2024-10-18 | by ( Julia Hood | ) www.businessinsider.com time to read: +6 min

UBS launched its global "House of Craft" initiative at an event in New York City in October. AdvertisementIn a SoHo townhouse in New York City, UBS launched its global "House of Craft" initiative, an experiential campaign that honors the tradition of craftsmanship. AdvertisementConvening around craftNew York City's legacy of fine craftsmanship made it the choice destination for UBS's first "House of Craft" event. James Miller, who said he collects micro-brand timepieces, wore a Henry Archer watch to the "House of Craft" event. "This is a brand campaign, but it's one very clearly associated with making sure more people are positively thinking about us," he said.

Persons: —, Carmelo Anthony, Daniel Dae Kim, Ginny Wright, Audemars Piguet, Jean, Claude Biver, John McDonald, McDonald, Sergio Ermotti, Ermotti, Prophet, James Miller, Henry Archer, Julia Hood Miller, Nathan Desloover, Todd Snyder, Julia Hood, I've, Desloover, I'm Organizations: UBS, Credit Suisse, Service, NBA, Audemars, TAG, Suisse, Swiss, Publicis Groupe, Suisse hasn't, Horological Society of New Locations: New York City, Swiss, Americas, UBS's, Asia, Latin America, New York, York, Horological Society of New York, Detroit

☆ A bottom-up approach to AI adoption can drive innovation and inclusion, a Cisco EVP says
▼ + stars: | 2024-10-17 | by ( Jean Paik | ) www.businessinsider.com time to read: +8 min

Katsoudas says AI adoption should start on the day-to-day level and be focused on skills training. What AI transformations are taking place at Cisco and among your workforce? From a technology perspective, at Cisco there have always been three different motions that are going on. As leaders, we're going to have a level of workforce planning insights that we've never had before because AI is going to help us with this. In technology roles, it was kind of easy because you could just send out a quick coding exercise and understand who had the capabilities.

Persons: Francine Katsoudas, —, Katsoudas, Microsoft —, It's, we've Organizations: Service, Cisco —, Google, Intel, Microsoft, Cisco

☆ Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
▼ + stars: | 2024-10-16 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

The Dior and Louis Vuitton parent pointed to weak consumer demand in China. Wall Street analysts say recent stimulus measures likely won't be enough for spending in China to rebound. The company pointed to overwhelmingly weak demand in China, with organic sales in Asia (excluding Japan) falling 16%. The company gave vague forward guidance, and analysts on Wall Street say the country's recent stimulus won't be enough to reverse the weak demand. China's latest stimulus package, unveiled late last month, has aimed to prop up the country's weak consumer demand and struggling property sector.

Persons: LVMH, Hermes, Dior, Louis Vuitton, —, Christian Dior, Jean, Jacques Guiony, Guiony, We've Organizations: L'Oreal, Wall Street, Service, Wall, Citigroup Inc Locations: China, Asia, Japan

☆ It looks like the glory days of luxury are over for LVMH, at least for now
▼ + stars: | 2024-10-16 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

LVMH reported a 3% decline in sales in its most recent quarter. The drop is driven by decreased demand from Chinese consumers, affecting luxury sales. AdvertisementFrench luxury conglomerate LVMH, the world's largest luxury company, reported a 3% year-on-year decline in sales in its most recent quarter. On Wednesday, LVMH shares fell by nearly 7% in early trading, driven by waning demand from Chinese consumers, who were once key spenders of European luxury goods. Some Chinese luxury consumers have been flocking to Japan to take advantage of lower prices caused by the country's currency downturn.

Persons: LVMH, —, Louis Vuitton, Christian Dior —, lockdowns, Jean, Jacques Guiony Organizations: Service, Louis, National Development, Reform Commission Locations: Beijing, China, Covid, Asia, Japan, United States, Europe

☆ Former ECB president weighs in on the ECB rate decision Thursday
▼ + stars: | 2024-10-16 | 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 EmailFormer ECB president weighs in on the ECB rate decision ThursdayJean-Claude Trichet, former ECB president, joins 'Money Movers' to discuss if central banks around the world should be declaring victory, if the European Central Bank will be able to stop the economy from weakening further, and much more.

Persons: Jean, Claude Trichet Organizations: ECB, European Central Bank

☆ U.N. peacekeepers in Lebanon will not give in to Israeli demand to 'get out of harm's way'
▼ + stars: | 2024-10-15 | by ( Freddie Clayton | Freddie Clayton Is A Freelance Journalist Based In London. | ) www.nbcnews.com time to read: +4 min

His comments came after the U.N. Security Council expressed “strong concern” following the attacks in a statement issued after emergency closed consultations on Lebanon. Although it did not name either Israel, Lebanon or Hezbollah, the statement which was read by Swiss U.N. Vehicles from the UNFIL force patrol in Marjayoun in southern Lebanon on Saturday. In the backdrop of its invasion of Lebanon, Israel is also weighing up its response to the missile barrage launched by Iran earlier this month, sparking fears that a massive retaliation could stoke a wider regional conflict. Satellite imagery shows what appears to be Israeli tanks surrounding a UNIFIL base near Maroun Al Ras in southern Lebanon earlier this month.

Persons: Jean, Pierre Lacroix, Antonio Guterres, Lacroix, Pascale Baeriswyl, Israel, Benjamin Netanyahu, ”, Andrea Tenenti, Joe Biden’s, Netanyahu, Joe Biden Organizations: United Nations, United Nations Interim Force, . Security, U.N, UNIFIL, Vehicles, Saturday, AFP, Getty, Israel, stoke, Planet, The Washington Post Locations: Lebanon, Israel, “, New York, Swiss, Iranian, Gaza, Marjayoun, UNIFIL, Iran, Maroun Al Ras, The Washington, United States

☆ Hurricane Milton influencers brought in millions of views and a horde of new followers
▼ + stars: | 2024-10-11 | by ( Sophia Pargas | Sophia Pargas Is A News Associate For Nbc News. | ) www.nbcnews.com time to read: +7 min

“I just don’t want to drive back up to Atlanta and leave for each hurricane,” Sam Hunter, a Tampa-based digital marketer, told NBC NEWS. Both Meta and TikTok declined to comment on the surge in such hurricane content. Videos on Hunter’s page — which showcase hurricane prep, landfall and aftermath — have amassed millions of views. While his account currently focuses solely on Hurricane Milton, Hunter plans to experiment with new content and see what sticks. “Some people take this stuff as a joke,” Corujo told NBC News, noting that many may see the hurricane as an opportunity to gain views.

Persons: Milton, “, Sam Hunter, I’ll, TikTok, Ian, —, Dan ” —, Joseph Malinowski, Ross, Malinowski, Hunter, Hurricane Milton, ”, Jean Bazil, Rayssa Corujo, ” Jean Bazil, Floridians, ” Corujo, ” Dustin Weaver, Cape, Weaver, it’s, it’s asinine, I’m Organizations: YouTube, NBC, NBC News, Hurricane, ”, FEMA Locations: Florida, Hurricane, Tampa, Atlanta, Milton, Hillsborough County, Hurricane Milton, “, Claremont , Florida, Cape Coral , Florida

CNN —Concerns are mounting for the safety of United Nations peacekeeping forces in southern Lebanon amid Israel’s ground incursion, UN peacekeeping chief Jean-Pierre Lacroix warned on Thursday, after Israeli fire resulted in the injury of two UN troops. The UN Interim Force in Lebanon (UNIFIL) reported early Thursday that the peacekeepers were injured after an Israeli tank fired toward an observation tower at its headquarters in the southern Lebanese city Naqoura. “The IDF is operating in southern Lebanon and maintains routine communication with UNIFIL,” the IDF said in a statement after Thursday’s incident. UN peacekeepers have been stationed in southern Lebanon since 2006, per a mandate by the United Nations Security Council. Italy’s Prime Minister Giorgia Meloni summoned the Israeli ambassador in Rome on Thursday after what she described as “unacceptable” behavior by the Israeli forces.

Persons: Jean, Pierre Lacroix, Peace Operations Lacroix, ” Lacroix, ” UNFIL, ”, Farhan Haq, –, Indonesian –, Wafiq Safa, Giorgia Meloni, Stefano Messina, Yoav Gallant, “, Micheál Martin, Simon Harris, Foreign Affairs Josep Borrell Organizations: CNN, United Nations, UN, UN Security, Peace Operations, UN Interim Force, Israel Defense Forces, UNIFIL, IDF, Indonesian, United Nations Security Council, Hezbollah, Italy’s, Israel’s, Italian UNIFIL, Irish, European Union High Representative, Foreign Affairs Locations: Lebanon, Iran, Lebanese, “, Naqoura, Israel, Beirut, Italy, France, Ireland, Rome, Italian, ” France, EU

Former President Donald Trump said in an economic address Thursday that the U.S. has allowed "big companies" to "come in and raid and rape our country." I used the word 'rape,'" Trump said at the Detroit Economic Club after his remarks were met with what sounded like some gasps from the audience. "So here’s the deal that I will be offering to the world, to companies outside of our world, big companies, powerful companies, that have become powerful because we were stupid, we were stupid. Trump added that his administration would impose a “tax or tariff” on companies that do not manufacture their goods in the U.S. Trump used similarly loaded language during his 2016 presidential campaign when he singled out China.

Persons: Donald Trump, Trump, Kamala Harris, ” “, Karoline Leavitt, rallygoers, ”, E, Jean Carroll, Carroll, defaming Carroll Organizations: Detroit Economic Club, Trump Locations: United States, America, U.S, China, Indonesia, Turkey, Canada, Indiana, New York City, New York

☆ American sports commissioners unite for new anti-hate campaign
▼ + stars: | 2024-10-10 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

The commissioners of MLB, MLS, the NBA, NFL, NHL, NWSL and WNBA, as well as the president of NASCAR, are the brainchildren behind a new campaign to curb hate in America. The Foundation to Combat Antisemitism, founded by New England Patriots owner Robert Kraft, will back the campaign called “Timeout Against Hate.” Kraft met with the commissioners of the aforementioned sports leagues earlier this year to discuss a potential campaign, and they are committing $50 million to spread the message. “Why in sports do you take a timeout?,” Kraft told NBC News. Last year, Kraft met with more than 80 sports figures to discuss how sports could be used to combat hate in America. The commissioners ultimately gathered in the NFL’s “main conference room,” per Kraft.

Persons: Robert Kraft, ” Kraft, —, Shaquille O’Neal, Billie Jean King, Candace Parker, Joe Torre, Kraft, Roger Goodell, “, ” Goodell, ” Organizations: MLB, MLS, NBA, NFL, NHL, NWSL, NASCAR, The Foundation, Combat, New England Patriots, NBC News, Seattle Seahawks, San Francisco 49ers, Kraft Locations: America, Germany, York

☆ Robert Kraft, professional sports leagues join forces with campaign against antisemitism
▼ + stars: | 2024-10-10 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Robert Kraft, Founder of the Foundation to Combat Antisemitism (FCAS), Lights the Empire State Building to Stand Up to Jewish Hate and All Hate on October 7, 2024 in New York City. The biggest names in sports are joining forces in a new campaign to combat antisemitism. The Foundation to Combat Antisemitism, founded by Kraft, says 10% of U.S. adult males are blatantly prejudiced against Jewish people and tend to be outspoken about it. Kraft founded the Foundation to Combat Antisemitism in 2019 to help address the rising hate against Jews in the United States. In June, he announced a $1 million donation to Yeshiva University to cover tuition for Jewish students who wish to transfer.

Persons: Robert Kraft, Billie Jean King, Shaquille O'Neal, Jim Harbaugh, Doc Rivers, Joe Torre, Ryan Blaney, Candace Parker, Kraft Organizations: Foundation, Combat, New England Patriots, Major League Baseball, Major League Soccer, National Basketball Association, National Football League, National Women's Soccer League, NASCAR, Defamation League, The Foundation, Kraft, San Francisco 49ers, Seattle Seahawks, Columbia University, Yeshiva University Locations: New York City, U.S, Israel, United States, mater

☆ Ethel Kennedy, human rights activist and widow of Robert F. Kennedy, dies at 96
▼ + stars: | 2024-10-10 | by ( Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +4 min

CNN —Ethel Kennedy, the widow of former US Attorney General Robert F. Kennedy and a longtime human rights activist, died Thursday, her family said. Former Massachusetts Rep. Joe Kennedy III announced the news of his grandmother’s passing on X. Ethel Kennedy was hospitalized after suffering a stroke last week. Photographs of the shooting aftermath show Ethel Kennedy, leaning over her husband with her hands over his chest as he bled onto the floor. In the decades following her husband’s death, Ethel Kennedy emerged as an environmental and human rights activist in her own right, founding the nonprofit organization Robert F. Kennedy Human Rights to champion the causes her late husband pushed for. She met Robert F. Kennedy in 1945 through his sister, Jean Kennedy, on a ski trip.

Persons: Ethel Kennedy, Robert F, Kennedy, Joe Kennedy III, David, Michael, Mary, Maeve, Saoirse, Gideon, Josie, ”, John F, Martin Luther King Jr, Rory, Cesar Chavez, Daniel Arap Moi, Kerry, Barack Obama, Ethel Kennedy’s, Kennedy Jr, Donald Trump ., Jean Kennedy, George Skakel, Ann Skakel, Saoirse Kennedy Hill, Maeve Kennedy Townsend McKean, CNN’s Paul LeBlanc, Tom Foreman Organizations: CNN, Former Massachusetts, United, Democratic, Farm Workers, Kenyan, Trump, RFK Jr Locations: United States, Los Angeles, Mexico, Chicago, Greenwich , Connecticut

☆ Biden held ‘direct,’ 30-minute call with Netanyahu, White House says
▼ + stars: | 2024-10-09 | by ( Kevin Liptak | ) edition.cnn.com time to read: +6 min

Biden has grown frustrated that Netanyahu appears to brush off his advice and recommendations, and to publicly reject his attempts at lowering regional temperatures. Biden last week made clear he expected to speak with Netanyahu ahead of any potential reprisal against Iran for its missile onslaught. Still, she acknowledged the significance of the conversation, the first between Biden and Netanyahu since August 21. Still, Biden was insistent that he speak to Netanyahu ahead of Israel’s next steps, believing it important to convey his views directly. The White House, which has declined to comment on those reports, has insisted the two men maintain a functional relationship.

Persons: Joe Biden, Benjamin Netanyahu, Israel’s, “, Karine Jean, Pierre, Biden, Netanyahu, Donald Trump, Biden’s, Biden “, ”, unstick, Kamala Harris, Dana Bash, Hurricane Milton, Simon Harris, Still, Bob Woodward, ” Jean, Pierre said Organizations: CNN, Wednesday, ”, Hurricane Locations: Iranian, Lebanon, Iran, Israel, Beirut, ”, Gaza, New York, Gaza . Irish, Washington, Ireland, Israel’s

President Joe Biden has postponed his overseas trip this week due to Hurricane Milton, according to two sources familiar with the planning. Biden was scheduled to depart for Berlin on Thursday and then travel to Angola in Southern Africa, returning to the U.S. on Oct. 15. "Given the projected trajectory and strength of Hurricane Milton, President Biden is postponing his upcoming trip to Germany and Angola in order to oversee preparations for and the response to Hurricane Milton, in addition to the ongoing response to the impacts of Hurricane Helene across the Southeast," White House Press Secretary Karine Jean-Pierre said in a statement. Residents there are still reeling from the destruction caused by Hurricane Helene last month. Criswell will be in Florida providing guidance and coordinating disaster response to Milton, White House press secretary Karine Jean-Pierre told reporters Monday.

Persons: Joe Biden, Hurricane Milton, Biden, Hurricane Helene, Karine Jean, Pierre, Milton, Donald Trump, Kamala Harris, Helene, Harris, Trump, Deanne Criswell, João Lourenço, “, States ’ Organizations: House Press, FEMA, NBC News, Defense Department, White Locations: Hurricane, Berlin, Angola, Southern Africa, Germany, Florida, North Carolina, Georgia, Milton, U.S, States, United States

Washington CNN —President Joe Biden will no longer travel abroad this week as a major hurricane speeds toward Florida. The statement comes ahead of Biden’s expected remarks this morning on Hurricane Milton’s anticipated impact and ongoing recovery efforts for Helene. There have not yet been any discussions in earnest about when the postponed trip would be rescheduled, another White House official said. The White House had appeared aware of the optics of the president potentially being abroad after a catastrophic storm. “He’s gotten updates about the hurricane and (is) obviously continuing to get updates on what is happening on the ground as after the horrible hurricane, Hurricane Helene, and so that will continue.”There is little time remaining in his presidency to reschedule.

Persons: Joe Biden, “, Hurricane Milton, Biden, Hurricane Helene, Karine Jean, Pierre, Biden’s, Helene, Helene –, Trump, Hurricane Dorian, Berlin –, –, Olaf Scholz, Emmanuel Macron, Keir Starmer, Donald Trump ., Kamala Harris, Milton, ” Jean, ”, “ He’s, That’s, Pierre said Organizations: Washington CNN, Republicans, Biden, White, Ukraine, British, NATO, Ukraine Defense Contract, White House, reschedule Locations: Florida, Germany, Angola, Hurricane, Poland, Berlin, Saharan Africa, France, United Kingdom, Ukraine

Snoopy Weekly, a now-deleted popular X account unaffiliated with the Peanuts comic, garnered backlash for a post that endorsed former President Donald Trump for the 2024 election. "Snoopy hates you btw," one fan of the cartoon wrote in response to the Snoopy Weekly endorsement, sharing a screenshot of the now- removed post. NBC News could not reach the people behind Snoopy Weekly or Dailysnoopys for comment. The Snoopy Weekly account appears to have been deleted as of Monday evening. Other Snoopy fan accounts, like badsnoopy__, have also showcased some political leanings in their posts.

Persons: Donald Trump, Charlie Brown's, he's, Gen Zers, Snoopy, Snoopyweekly, Snoopy Weekly's, Charles M, Schulz, Blake Scott Ball's, Charlie Brown’s, Ball, “ Schulz, Schultz, Mortie Turner, Billie Jean King, Franklin, Peppermint Patty, Charles Schulz, Peanuts.com Organizations: Snoopy, Hamas, NBC, Snoopy Weekly, Peanuts Worldwide, Peanuts Locations: Israel, Arizona, Georgia, Charlie Brown’s America, Oakland

Florida Gov. Ron DeSantis is not taking calls from Vice President Kamala Harris about storm recovery just over a week after Hurricane Helene hammered parts of his state. A source familiar with the planning said that the Biden team had invited DeSantis to the event in north Florida. Florida Gov. Ron DeSantis has not spoken with Vice President Kamala Harris or President Joe Biden about the hurricane response.

Persons: Ron DeSantis, Kamala Harris, Helene, “ Kamala, “, DeSantis, Joe Biden, Biden, Deanne Criswell, Jared C, Tilton, Karine Jean, Pierre, Harris, Brian Kemp, Henry McMaster, Hurricane Helene, Donald Trump, ” Trump, Kemp Organizations: Florida Gov, Democratic, NBC News, Federal Emergency Management, Getty, White, Press, White House, Biden, Gov, Georgia Gov, South Carolina Gov, Florida National Guard Locations: Florida, Bend, Tampa, North Carolina, Hurricane Milton, Hurricane, Gulf Coast, Georgia

As with Gaza, US officials say Israel was initially planning for a much larger ground incursion into Lebanon before the US convinced it to scale back. ‘The right moment’ for diplomacyThe US still wants to see Lebanon ceasefire talks resume, officials said, and US officials continue to believe that the conflict can only be resolved diplomatically. Nasrallah and other members of Hezbollah’s senior leadership are now dead as a result of Israel’s operations in Lebanon. Earlier in the day, a reluctant Biden told reporters he’d be “comfortable with [Israel] stopping” the campaign in Lebanon that risked further inflaming the region. Behind closed doors, sources say, Biden offered reluctant support for eliminating Hezbollah infrastructure along Israel’s border and in southern Lebanon, as long as Israel’s operations remained limited in nature.

Persons: Israel upended, Benjamin Netanyahu’s, Biden, Israel, Matthew Miller, that’s, Joe Biden, ” Alon Pinkas, Yoav Gallant, Lloyd Austin, Gallant, Pinkas, ” Pinkas, Netanyahu, Hassan Nasrallah, ” Gallant, ‘, “ We’re, Karine Jean, Pierre, ”, Nasrallah, Austin, “, “ What’s, Antony Blinken, CQ Brown, National Intelligence Avril Haines –, he’d, hasn’t, ” Maj, Patrick Ryder, ” Israel, Ryder, Miller, CNN’s MJ Lee, Alex Marquardt Organizations: CNN, Biden, White House, Hamas, ”, ” Senior, US, Israeli, Israel, Iran, Joint Chiefs, National Intelligence, Pentagon, State Department Locations: Lebanon, Iran, Gaza, Israel, France, ”, Washington, Israeli, New York, Beirut, Lebanese, “, Austin, Beirut’s

☆ Making HERstory: How WNBA owner Clara Wu Tsai turned a team ‘no one wanted’ into New York’s next big franchise
▼ + stars: | 2024-10-07 | by ( Carolyn Manno | ) edition.cnn.com time to read: +10 min

Now, back in the Finals, winning the team’s first title would cap off a stretch of unprecedented growth for majority team owner, Clara Wu Tsai. Wu Tsai and her husband, Joe Tsai, bought the team in 2019 for an undisclosed amount after the franchise’s previous owner, James Dolan, put the team up for sale in 2017. Wu Tsai says without investors in the market, she jumped at a chance nobody else wanted. I definitely feel like we have the most inclusive fan base in all of professional sports today,” Wu Tsai told CNN last month. We have an exhibition that’s open to the students, their parents, their teachers, and the community,” Wu Tsai said.

Persons: Clara Wu Tsai, Wu Tsai, Joe Tsai, James Dolan, Dolan, “, ” Wu Tsai, Picasso, ”, Brianna Stewart, Breanna Stewart, Turkey Clara Wu, I’ve, Ellie, “ There’s, “ Caitlin Clark, Angel Reese, Kamilla Cardoso, Cameron Brink, Caitlin, it’s, Covid, “ We’ve, Jean Michel Basquiat Organizations: New, New York CNN, New York Liberty, Barclays Center, ” New York Liberty, Liberty, CNN, Alliance, BK, XL, Cornell University, Yale University, Brooklyn, Department of Education, Barclay Center, WNBA Locations: New York, New York City, Turkey, ”, Brooklyn, United States, Liberty

☆ Mike Johnson won't commit to bringing House back before the election for more hurricane relief
▼ + stars: | 2024-10-07 | by ( Summer Concepcion | ) www.cnbc.com time to read: +4 min

House Speaker Mike Johnson on Sunday did not commit to calling Congress back into session before the election after President Joe Biden pressed congressional leaders about potential funding shortfalls in the aftermath of Hurricane Helene. The president noted that the White House requested more funding for the program as Congress prepared a short-term funding bill that passed last month to avert a government shutdown. Pressed on whether he would call Congress back into session before the election, Johnson replied, "We'll be back in session immediately after the election." Johnson's comments come after Biden said in remarks at the White House last week he expects to ask Congress for a supplemental funding request for areas affected by Hurricane Helene. "The American people are disgusted by this, up with it, and so are Republicans in Congress," he said.

Persons: Mike Johnson, Joe Biden, Hurricane Helene, Johnson, Alejandro Mayorkas, we'll, Biden, Karine Jean, Pierre, Kamala Harris, Mayorkas Organizations: Fox, Homeland, White House, Congress, Hurricane, Federal Emergency Management Agency, shouldn't, White, Biden, FEMA, Republicans Locations: Hurricane, Florida

☆ Mike Johnson won’t commit to bringing House back before the election for more hurricane relief
▼ + stars: | 2024-10-06 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Summer-Concepcion-Byline-Jm.Jpg | Summer Concepcion | ) www.nbcnews.com time to read: +4 min

House Speaker Mike Johnson on Sunday did not commit to calling Congress back into session before the election after President Joe Biden pressed congressional leaders about potential funding shortfalls in the aftermath of Hurricane Helene. In his letter, the president urged Congress to restore funding to the Small Business Administration’s disaster loan program, which was facing potential funding shortfalls even before Hurricane Helene devastated parts of the Southeast. The president noted that the White House requested more funding for the program as Congress prepared a short-term funding bill that passed last month to avert a government shutdown. Pressed on whether he would call Congress back into session before the election, Johnson replied, “We’ll be back in session immediately after the election.”“That’s 30 days from now. “The American people are disgusted by this, up with it, and so are Republicans in Congress,” he said.

Persons: Mike Johnson, Joe Biden, Hurricane Helene, ” Johnson, Alejandro Mayorkas, Johnson, “ We’ll, ”, we’ll, Biden, Karine Jean, Pierre, “, Kamala Harris, Mayorkas Organizations: “ Fox, Homeland, White House, Congress, Hurricane, Federal Emergency Management Agency, shouldn’t, White, Biden, FEMA, Republicans Locations: Hurricane, Florida

☆ A Swiss town borders 2 other countries, making it the ideal base for exploring. Here's what 6 days in Basel were like.
▼ + stars: | 2024-10-05 | by ( Monica Humphries | ) www.businessinsider.com time to read: +7 min

I spent six days in the Swiss city of Basel, exploring the town's rich art scene. AdvertisementWhen you land in Basel, Switzerland, you land in a Swiss fantasy. I had arrived for its biggest art celebration: Art Basel, an international fair where 250 gallerists feature 4,000 artists. Monica Humphries/Business InsiderHere, I tracked down French pastries, hopped on a trolly tour, and got lost in the picturesque streets. The one thing I feel I missed during my Basel trip was a visit to Germany.

Persons: —, Monica Humphries, Jean Tinguely's, Pablo Picasso, Henri Matisse, Julio Le Parc's, Queen Elizabeth II, it's, I've Organizations: Service, Basel, Kunstmuseum Basel, DJ, Basel would've Locations: Swiss, Basel, France, Germany, Switzerland, It's, Basel's Klybeck, Klybeck, Miami, Bushwick , Brooklyn, Colmar, Alsace, Kandersteg, Titisee, Baden, Europa, France's, Bern, Lucerne

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