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☆ Elon Musk says he will take legal action after California officials cited his politics when rejecting SpaceX launches
▼ + stars: | 2024-10-14 | by ( Rebecca Rommen | Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Elon Musk has responded after California officials rejected a request for more frequent SpaceX launches. The state's Coastal Commission denied a request from the US Space Force on Thursday. AdvertisementElon Musk has threatened to take legal action following reports that a California state commission cited his politics when rejecting a request for more frequent SpaceX launches from the state's central coast. What I post on this platform has nothing to do with a 'coastal commission' in California!" Business Insider has contacted both the California Coastal Commission and SpaceX for comment.

Persons: Elon Musk, —, Gretchen Newsom, Elon, Caryl Hart, Hart, Musk, Ravi Chaudhary Organizations: SpaceX, Coastal Commission, US Space Force, Service, California Coastal Commission, Vandenberg Space Force Base, Business, FEMA, Commission, Air Force, Space Force Locations: California, California's

The Dui Hua Foundation, which monitors prisoner rights in China, estimates there are about 200 Americans detained here, more than in any other foreign country. All four were representing Americans who had been detained in China for at least eight years. “We continue to push for the release of other wrongfully detained Americans,” Miller said. “I was very excited and happy and hopeful for him and his family,” Wells Sr. said. Wells Sr. said he and his wife, Cynthia, speak with their son once or twice a month, in calls limited to 10 minutes.

Persons: David Lin, Mark Swidan, Kai Li —, “, Lin, ”, Joe Biden, Chris Smith, Jeff Merkley, Li, Paul Whelan, Evan Gershkovich, Kurmasheva, Biden, Nelson Wells, Nelson Wells Jr, Tim Hunt, Dawn Michelle Hunt, Li’s, Harrison Li, Katherine Swidan, ” Wells, ” Hunt, Alice, Alice Lin Wells Jr, Hunt, Wells Jr, —, Wells, We’ve, Nelson Jr, Dawn Michelle, Matthew Miller, Antony Blinken, ” Miller, Cynthia, GoFundMe, James Zimmerman, Zimmerman, ‘ I’m, ’ ” Janis Mackey Frayer, Jennifer Jett Organizations: U.S, Congressional, Commission, Hua Foundation, State Department, White, ”, NBC News, Chinese Foreign Ministry Locations: BEIJING, China, Beijing, United States, Russia, Washington, Chongqing, Chinese, Guangdong, Louisiana, Chicago, Hong Kong

☆ SpaceX gets green light for fifth Starship test flight
▼ + stars: | 2024-10-12 | by ( Jackie Wattles | ) edition.cnn.com time to read: +8 min

CNN —Federal regulators granted SpaceX its long-awaited license to move forward with a fifth uncrewed test launch of Starship, the most powerful rocket system ever constructed. The FAA had been expected to hand down a license for this test launch weeks ago. SpaceX has also publicly denied reports that the company violated wastewater regulations with the deluge system, which SpaceX says uses potable water. Notably, the company launched a 2020 test flight of a prototype rocket, called Starship SN8, without obtaining prior approval from the FAA for a public safety waiver. At one point in 2023, for example, he said that he did not blame the FAA for holding up Starship launches.

Persons: “, Artemis, Elon Musk, ”, Mike Whitaker, Whitaker, SpaceX’s, ” Whitaker, Patrick T, Fallon, SpaceX, didn’t, Biden, Donald Trump —, Whitaker “, ” Musk, Jose Luis Magana, Kevin Kiley, they’re Organizations: CNN, SpaceX, US Federal Aviation Administration, NASA, FAA, ”, Super, Getty, Texas Commission, Environmental, Environmental Protection Agency, Committee, Transportation, Aviation, US, Infrastructure, Republican Locations: Boca Chica , Texas, Texas, AFP, California

A view from the surroundings of damaged Al-Awda Hospital after Israeli attacks, in Beit Lahia, Gaza on May 18. Mousa Salem/Anadolu Agency/Getty ImagesA United Nations inquiry has accused Israel of carrying out a “concerted policy” of destroying the health care system in Gaza during its year-long conflict with Hamas in attacks it said amount to war crimes. The Israeli attacks resulted in “fuel, food, water, medicines and medical supplies not reaching hospitals, while also drastically reducing permits for patients to leave the territory for medical treatment,” it said. Israel has released footage they say is evidence of those Hamas operations. The commission previously alleged that both Israel and Hamas committed war crimes in the early stages of the Gaza war, and that Israel’s actions also amounted to crimes against humanity.

Persons: Mousa, Israel, “, Pillay, Israel “, Hind Rajab Organizations: Awda, Anadolu Agency, UN’s Independent International Commission of, CNN, Israel Defense Forces, Office, Hamas, IDF, UN, Human Rights, Israeli Army’s 162nd, Assembly Locations: Beit Lahia, Gaza, Mousa Salem, Nations, Palestinian, East Jerusalem, Israel

☆ Lynx stun Liberty with 95-93 overtime win in Game 1 of the WNBA Finals
▼ + stars: | 2024-10-11 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

Napheesa Collier’s turnaround jumper with 8.8 seconds left lifted the Minnesota Lynx to a 95-93 win over the New York Liberty in Game 1 of the WNBA Finals on Thursday night. With the game tied in overtime, Collier faked in the lane and scored. Before the game WNBA Commissioner Cathy Engelbert announced that the league is expanding the Finals to best-of-seven starting next year. The Liberty blew an 11-point lead in the final 3:23 of regulation when Minnesota scored 12 straight points, capped by Williams’ four-point play with 5.5 seconds left. The Liberty are looking for the franchise’s first championship while the Lynx are vying for a league-record fifth.

Persons: Collier, Courtney Williams, Kayla McBride, Cathy Engelbert, Jonquel Jones, Sabrina Ionescu’s, Jones, Williams ’, Stewart’s, Ionescu, Stewart, Spike Lee, Jason Sudeikis, Meek, Mark Vientos, Lee Organizations: Minnesota Lynx, New York Liberty, WNBA, New, Minnesota, York, Liberty, midcourt, Connecticut, Lynx, Las Vegas Aces, Commissioner’s, New York Mets Locations: New York, Minnesota, York

☆ UN inquiry accuses Israel of ‘crime of extermination’ through deliberate destruction of Gaza’s health care system
▼ + stars: | 2024-10-11 | by ( Niamh Kennedy | Muhammad Darwish | ) edition.cnn.com time to read: +4 min

CNN —A United Nations inquiry has accused Israel of carrying out a “concerted policy” of destroying the health care system in Gaza during its year-long conflict with Hamas in attacks it said amount to war crimes. Israel’s actions in the besieged Palestinian enclave “constitute the war crimes of willful killing and mistreatment and the crime against humanity of extermination,” the commission said in a statement Thursday. The Israeli foreign ministry rejected “accusations of widespread ill-treatment and torture of detainees,” saying Israel is “fully committed to international legal standards” on treatment of detainees. “Children in particular have borne the brunt of these attacks, suffering both directly and indirectly from the collapse of the health system,” she said. The commission previously alleged that both Israel and Hamas committed war crimes in the early stages of the Gaza war, and that Israel’s actions also amounted to crimes against humanity.

Persons: Israel, “, Pillay, Israel “, Hind Rajab Organizations: CNN, United, UN’s Independent International Commission of, Hamas, UN, Human Rights, Israeli Army’s 162nd, Assembly Locations: United Nations, Gaza, Palestinian, East Jerusalem, Israel, Jihad

☆ 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

☆ Breanna Stewart seeks redemption in second straight WNBA Finals apperance
▼ + stars: | 2024-10-10 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

New York Liberty star Breanna Stewart has a golden opportunity to complete her redemption tour as the franchise aims for its first championship when the WNBA Finals tip off Thursday. The Liberty lost to the Las Vegas Aces in the Finals last year, Stewart’s first season with the team. 1 overall pick, struggled during the postseason run, averaging career playoff worsts in points per game and field-goal percentage. She especially struggled in the championship round, averaging only 16.3 points per game on 36.2% shooting from the field. “No matter what, it’s a really tough time,” Stewart said the night New York clinched a Finals berth.

Persons: Breanna Stewart, Stewart’s, Stewart, Becky Hammon, ” Hammon, Las, Kelsey Plum, it’s, ” Stewart, Marta, ”, Stewart —, Napheesa Collier, Collier, A'Ja Wilson, “ We’re, “ Organizations: New York Liberty, WNBA, Liberty, Las Vegas Aces, New, Las, Aces, York, Seattle Storm, Minnesota Lynx, Lynx, Connecticut Huskies, Paris Olympics Locations: Las Vegas, Minnesota Lynx . New York, Minnesota

☆ Colorado court dismisses suit against baker who wouldn't make transgender-themed cake
▼ + stars: | 2024-10-09 | by ( ) www.nbcnews.com time to read: +3 min

Lower courts in Colorado had concluded that Masterpiece Cakeshop and the bakery’s owner, Jack Phillips, had violated Autumn Scardina’s rights by refusing to make her a pink cake with blue frosting because of her identity as a transgender woman. Scardina had initially filed a discrimination complaint with the Colorado Civil Rights Division after Phillips refused to make the cake she wanted to order to celebrate her birthday and her identity as a transgender woman. Justice Melissa Hart, writing for the majority, said Scardina should have challenged that decision in an appeals court, rather than file a new lawsuit. The U.S. Supreme Court in 2018 ruled in Phillips’ favor but on narrow grounds that avoided setting a major precedent allowing people to claim religious exemptions from anti-discrimination laws. But in June 2023, in a case billed as a sort of sequel, the 6-3 conservative majority U.S. Supreme Court held the First Amendment protected web designer Lorie Smith from being compelled by Colorado to provide services to same-sex weddings.

Persons: Jack Phillips, Phillips, Scardina, Melissa Hart, Richard Gabriel, ”, construe, John McHugh, Scardina’s, ” Scardina, Phillips ’, Lorie Smith Organizations: U.S, Supreme, Colorado Supreme, Colorado Anti, Colorado Civil Rights, Defending, Colorado Civil, Phillips Locations: Colorado

☆ The markets saw right through China's latest economic support hype
▼ + stars: | 2024-10-09 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

China's stock markets slumped after a 10-day rally that was driven by Beijing's stimulus announcement in September. Retail investors dominate China's markets, influencing sentiment and market movements. AdvertisementChina's top leadership has a problem with its economic stimulus: its own investors at home saw right through the hype this week. China's domestic stock markets slumped on Wednesday after a 10-day blitz culminated in a two-year high. China's domestic stock markets are dominated by over 200 million mom-and-pop retail investors, who account for about 70% of the trading volume.

Persons: —, weren't, Jun Rong, that's, Vishnu, Li Qiang, Hele Qiao, Qiao Organizations: Investors, Service, People's Bank of China, Reform Commission, BofA Global Locations: Shanghai, Shenzhen, China, Hong Kong, Beijing, Asia, Japan, Xinhua, Greater China, China's

☆ Left and right prey on weak French government as it prepares 'austerity' budget
▼ + stars: | 2024-10-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

French Prime Minister Michel Barnier (C) ahead of his general policy statement to the French National Assembly in Paris on October 1, 2024. The budget is being widely previewed as an "austerity" budget that will see the government of new Prime Minister Michel Barnier present tax-hiking and cost-cutting measures that could rile opposition parties on both the left and right, and even the centrists that put him in power. In sum, Barnier's government is a fragile one and vulnerable to predatory challenges from the left and right of the political spectrum. But such a large dose of austerity may make even 1.1% growth difficult to achieve," he said in emailed analysis. "Finally, even if the budget is passed and does not dent economic growth too much, France's fiscal position would still be precarious.

Persons: Michel Barnier, Alain Jocard, Barnier, Antoine Armand, France's, —, La France Insoumise, Remon Haazen, Emmanuel Macron, Macron, Andrew Kenningham, Kenningham, Marine Le Pen, Carsten Nickel, Nickel, Tom Weller, voigt, Benoit Tessier Organizations: French, French National Assembly, EU, Afp, Getty, National Assembly, Finance, European Commission, Republique, La, Populaire, Capital Economics, Republicans, Stade de France, Olympic Games Locations: Paris, France, La France, Europe, French

☆ Kalshi expands Trump, Harris election bet options, adds Senate races, CFTC complains
▼ + stars: | 2024-10-09 | by ( Dan Mangan | ) www.cnbc.com time to read: +5 min

Kalshi wagers on the presidential race outcomes were split 50-50, roughly reflecting national polling on the contest. The new contracts were added to Kalshi's platform within days of a favorable federal appeals court ruling for the company on Oct 2. Even more political races could soon become available for betting with Kalshi contracts, the CFTC said, citing contract terms published on the exchange's web site. But the commission argues that Kalshi's contracts might cast doubt on the integrity of elections. The appeals court initially blocked that judge's ruling from taking effect, which meant Kalshi could not offer any political contracts.

Persons: Kamala Harris, Donald Trump, Kalshi, KalshiEx, It's, there's, Tarek Mansour, Mansour, Patricia Millett Organizations: White, Electoral, Commodity Futures Trading Commission, U.S ., Appeals, District of Columbia Circuit, CNBC Locations: Washington ,

☆ CVS, UnitedHealth say FTC should take Lina Khan and two commissioners off drug middlemen case
▼ + stars: | 2024-10-09 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

CVS Health and UnitedHealth Group are demanding Federal Trade Commission Chairwoman Lina Khan and two other commissioners recuse themselves from a lawsuit accusing the companies and other drug middlemen of boosting their profits while inflating insulin costs for Americans. In separate motions filed Tuesday night with the FTC, CVS and UnitedHealth argued that all three commissioners have an extensive track record of making public statements that indicate "serious bias" against the companies' so-called pharmacy benefit managers. CVS said those statements demonstrate that the commissioners have "prejudged this matter," so their participation in the case "violates due process." The FTC filed the suit last month against the three largest PBMs, CVS Health's Caremark, UnitedHealth Group 's Optum Rx and Cigna 's Express Scripts. The FTC has been investigating PBMs and their role in insulin prices since 2022.

Persons: Lina Khan, UnitedHealth, Khan, Alvaro Bedoya, Rebecca Kelly Slaughter, PBMs Organizations: Financial Services, General Government, Federal Trade Commission, CVS Health, UnitedHealth, Federal Trade, CVS, Amazon, FTC, Zinc Health Services, GPO, Emisar Pharma, OptumRx Locations: Rayburn, U.S, Caremark

TEL AVIV — They were Israel’s eyes on the border with Gaza, but former soldiers from a military observation unit say their warnings about suspicious Hamas activity ahead of the Oct. 7 terror attacks were repeatedly ignored. In the months leading up to Oct. 7, Lifshitz said she started noticing unusual activity. NBC NewsOn the morning of the attacks, Lifshitz was training in Jerusalem. Yerushalmi also alleged that the pattern of suspicious Hamas activity was increasing in the weeks leading up to the attack. Israeli military soldiers in a new surveillance and situation room in Re’im Camp, built after their previous base at Nahal Oz was overrun and destroyed in the Hamas terror attack.

Persons: ” Roni Lifshitz, ” Lifshitz, Lifshitz, ”, ‘ Roni, Roni Lifshitz, Richard Engel, —, Ori Megidish, Noa Marciana, “, Benjamin Netanyahu, Khan Younis, Amit Yerushalmi, Margaret Weinstein, Weinstein, Yerushalmi, Ofer Rosenbaum, Haim Rubenstein, Rubenstein, Eyal Eshel, Roni Eshel, Varda Alshech, Eyal Ben, Reuven, Gen.General Yehudit Grisaro, Shlomo Aharonishki, Raphael Ben, Sheetrit, Rosenbaum, ” Rosenbaum, Yair Lapid, Netanyahu, Israel Defense Forces Danny Yatom, Yatom, Netanyahu “, Shahaf Nissani Organizations: NBC, Israel Defense Forces, Nahal, NBC News, Nahal Oz Base, Shifa, Israel’s, Israeli Police Locations: TEL AVIV, Gaza, Israeli, Tel Aviv, Jerusalem, Israel, Lifshitz, Brig, Beit She’an, Re’im, Nahal

☆ China economy: Government gives $28 billion to local governments as it vows to meet economic targets
▼ + stars: | 2024-10-08 | by ( Juliana Liu | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —China has set aside 200 billion yuan ($28 billion) for investment projects by local governments this year, as it promised to meet its own ambitious economic growth targets. China announced a 5% target growth rate in March, but a series of economic data over the summer has been so weak that economists were worried the goal might be missed. To help local governments struggling with mountains of debt, Beijing will provide 100 billion yuan ($14 billion) from the central government’s budget and an extra 100 billion yuan for investment projects, Zheng said. Nevertheless, investors were disappointed at the lack of details on new fiscal measures,” Fred Neumann, chief Asia economist for HSBC, told CNN. Fiscal measures, on the other hand, can include the use of taxation or other measures to impact public spending more directly.

Persons: ” Zheng Shanjie, Zheng, Xi Jinping, Fred Neumann, What’s, Jia Kang, “, … Jia Kang, –, Xi, ” Organizations: Hong Kong CNN, National Development, Reform Commission, HSBC, CNN, “, Ministry of Finance, Citi, People’s Bank of China Locations: China, Hong Kong, Beijing, Asia, Shanghai, Shenzhen

☆ Meet the Medical Tourists Getting Health Screenings on Vacation
▼ + stars: | 2024-10-08 | by ( Manisha Krishnan | ) www.businessinsider.com time to read: +15 min

AdvertisementLike Woodman, millions of Americans travel abroad for medical procedures each year, saving anywhere from 40% to 90% on the services they receive. Medical tourism comes with risks; the American Medical Association recommends going only to medical facilities recognized by international accrediting bodies and following up testing with care at home. It's unclear, though, how many medical tourists visit accredited facilities, and there's still the question of whether all these tests are useful for someone who is seemingly in good health. Related storiesSince COVID-19 came into the picture, health screenings and extensive physicals have received some buzz. As more people spend time abroad, it becomes easier to tack a few small medical tests onto your trip.

Persons: Josef Woodman's, —, Chapel Hill , North Carolina —, You've, Woodman, There's, Kim Kardashian, you've, you'd, that's, Bryn Elise, I'd, Elise, influencer, I've, it's, Paulo Neno, Neno, there's, Elise's, Kardashian, Prenuvo, Arturo Vargas Bustamante, Vargas Bustamante, Misael Uribe Ramos, Uribe Ramos, Imani Bashir, Bashir, Krishnan Organizations: Duke University Hospital, cabanas, CAT, American Medical Association, Joint Commission International, University of California, Commission, Centers for Disease Control, CDC, of Disease Prevention, Health, Disease Prevention, National Academy of Medicine, country's Ministry of Health, Labour, Welfare, United Arab Locations: Chapel Hill , North Carolina, Bangkok, Mexico, United States, Turkey, Illinois, Los Angeles, Médica, Mexico City, Japan, South Korea, Thailand, United Arab Emirates, Barbados, Cancún, Washington , DC, Brooklyn

☆ The 9 Elements of a Trump Rally
▼ + stars: | 2024-10-08 | by ( Ian Prasad Philbrick | Ashley Wu | ) www.nytimes.com time to read: +89 min

We have some voters, they’re for us, but they’ve never voted and they’re going to want to vote. There’s something wrong with Kamala and I just don’t know what it is, but there is definitely something missing. They’re going to get him in Florida.” It was always… That seemed to be the documents case. That’s great. They’re great.

Persons: there’s, I’m, It’s, Joe Biden, Kamala Harris, “, Trump, we’re, would’ve, Tim Walz, Biden, I’d, Rasmussen, We’re, David, they’re, they’ve, They’ll, You’re, “ You’ll, haven’t, she’s, everyone, David McCormick, Bob Casey, David’s, everybody’s, ”, we’d, Kamala, Oprah, doesn’t, I’ve, we’ve, Joe, Rachel Morin, who’s, that’s, Kamala let, … She’s, can’t, it’s, he’s, He’s, Wall, must’ve, ’ Kamala, Lyin, She’s, Donald Trump, “ I’m, Barack Hussein Obama, …, Obama, Hunter, Uncle Sam, Crooked Joe Biden, document’s, Sam, bah, what’s, David Muir, “ We’re, They’re, won’t, Mike Kelly, Kelly, Mike, Lyin ’ Kamala Harris, El Salvador, you’ve, he’ll, “ You’re, Donald, don’t, Don’t, Crazy Nancy Pelosi, Nancy Pelosi, Billy Graham, Franklin, “ Gee, Lyin ’ Kamala, Elon, Tesla, you’re, God, Sean O’Brien, I’ll, That’s, “ Donald Trump, Alphonse Capone, Alphonse, “ They’re, they’ll, Let’s, should’ve, Emerson, ” David, Dave McCormick, Dave, He’ll, Nick Langworthy, Nick, JD Longo, JD, we’ll, Corey, “ I’ve, Butler, Nobody, Tom, didn’t, Cory, Trumper, There’s, We’ve, “ Kamala, Go, San Francisco Kamala, Ronald Reagan couldn’t, Shawn Fain, It’ll, anybody’s, We’ll, Crooked Joe Organizations: Trump Republicans, Alabama, NFL, United, Democrat, Commonwealth, CPA, Border Patrol, Covid, ISIS, Space Force, Visa, Justice Department, National Guard, Green, Deal, Teamsters, of Police, New York Times, …, Nassau Coliseum, Slippery Rock, ICE, California, we’ll, Trump Reciprocal Trade, teamsters, US Steel, of Education, Black Colleges, Universities, Trump, Washington DC, America Locations: Pennsylvania, Commonwealth, Florida , Georgia, Alabama , Tennessee, Western North Carolina, Delaware, San Francisco, Erie , Pennsylvania, Alabama, Georgia, Wisconsin, United Nations, Iran, Erie County, Mexico, Tijuana, America, South America, Congo, Africa, United States, Asia, Yemen, California, Hollywood, Let’s, North Carolina, Russia, McDonald’s, New York, Ohio, Michigan, . Pennsylvania, Charleroi, Charleroi , Pennsylvania, … Charleroi, Harris, El, West Virginia, ”, China, Iowa, Philadelphia, Detroit, Atlanta, Florida, United States of America, Pennsylvania , Arizona , Wisconsin, Arizona, Slippery, Butler, That’s, San, Saudi Arabia, Japan, Ukraine, Washington

☆ Trump Media stock soars 15% after Butler, Pa. rally with Elon Musk
▼ + stars: | 2024-10-07 | by ( Ece Yildirim | ) www.nbcnews.com time to read: +2 min

Shares of Trump Media soared Monday, a day after former President Donald Trump returned to Butler, Pennsylvania, the site of his July 13 assassination attempt, to rally with Tesla CEO Elon Musk. “President Trump must win to preserve the Constitution. In previous regulatory filings, Trump Media stated that the success of its chief product, Truth Social, depends on Trump’s popularity and continued use of the platform. Trump Media shares have been on an overall downward trend since a spike following Trump’s first assassination attempt in July. Trump Media revealed in a regulatory filing Thursday that chief operating officer Andrew Northwall had resigned in late September.

Persons: Donald Trump, Elon Musk, Butler, Musk, “, MAGA, ”, Trump, Andrew Northwall Organizations: Trump Media, Tesla, “, Trump, America PAC, PAC Locations: Butler , Pennsylvania, Trump’s, America, Delaware

☆ Trump Media stock soars 15% in heavy trading after ex-president's rally in Butler with Musk
▼ + stars: | 2024-10-07 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

Shares of Trump Media soared Monday, a day after former President Donald Trump returned to Butler, Pennsylvania, the site of his July 13 assassination attempt, to rally with Tesla CEO Elon Musk. Shares were up roughly 15% as of 12:30 p.m ET with heavy volume, and the stock was trading around $19.00 per share. The billionaire entrepreneur first publicly endorsed Trump for president in the hours after the July 13 failed assassination attempt. Trump Media shares have been on an overall downward trend since a spike following Trump's first assassination attempt in July. Trump Media revealed in a regulatory filing Thursday that chief operating officer Andrew Northwall had resigned in late September.

Persons: Donald Trump, Elon Musk, Butler, Musk, MAGA, Trump, Andrew Northwall Organizations: Trump Media, Tesla, Trump, America PAC, PAC Locations: Butler , Pennsylvania, Trump's, America, Delaware

☆ Lawmakers from both parties urge Biden to secure the release of Americans imprisoned in China
▼ + stars: | 2024-10-04 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +4 min

Lawmakers are appealing to President Joe Biden to use the remaining time in his term to work for the release of Americans who are “wrongfully detained” in China, saying U.S. officials need to do more to help secure their freedom. “There are more Americans wrongfully detained in China than in any other country. They deserve tenacious advocacy to gain their release,” said Smith and Merkley, co-chairs of the Congressional-Executive Commission on China. China has denied the allegations and says it has treated detained Americans properly and respected their legal rights. Dui Hua, a rights group that advocates for detainees in China, estimates there are more than 200 Americans “under coercive measures” in China.

Persons: Joe Biden, ”, Chris Smith of, Democratic Sen, Jeff Merkley, Smith, David Lin, Kai Li, Mark Swidan, Hua, Li, Biden, Paul Whelan, Evan Gershkovich, Alsu Kurmasheva, Xi Jinping, “, Li’s, Harrison Li Organizations: ” Republican, Democratic, Congressional, Commission, State Department, White, and State Department Locations: China, Chris Smith of New Jersey, Oregon, Washington, Long Island , New York, Texas, Russia, People’s Republic of China, United States

☆ Americans are able to bet on the US elections again after a legal fight
▼ + stars: | 2024-10-03 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Americans can bet on the outcome of US elections following a legal fight. Last month, Kalshi briefly listed bets on congressional election outcomes before the CFTC shut them down. On Wednesday, prediction market Kalshi got the go-ahead to take bets on congressional elections after a months-long legal battle with the Commodity Futures Trading Commission. That makes it one of the only options for Americans to bet on election outcomes, and the only legal one for Americans to wager large amounts of money. The court's decision comes just five weeks before the elections, and follows years of legal battles between prediction markets and the CFTC.

Persons: Kalshi, —, CoinDesk, Harry Crane Organizations: CFTC, Service, Futures Trading Commission, Federal, Kalshi, Senate, Rutgers University Locations: New York, New Zealand

☆ Federal appeals court allows prediction market Kalshi to offer US election betting
▼ + stars: | 2024-10-02 | by ( Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +5 min

CNN —A federal appeals court in Washington, DC, on Wednesday allowed a prediction market to offer election betting, denying a government watchdog’s request to halt a ruling that made way for legal political gambling in the United States. It is unclear whether the New York-based startup will launch more election markets. “US presidential election markets are legal. Because the sources of information that election markets absorb can be “opaque and unreliable,” like polls with undisclosed methodologies or fake news reports, Schwartz suggested that they can be uniquely susceptible to manipulation. While the legal dispute with Kalshi plays out, the CFTC has also embarked on a broader clampdown on events-based betting.

Persons: ” “, Patricia Millett, ”, ” Kalshi, Jia Cobb, Tarek Mansour, X, Stephen Hall, ‘ deepfakes, Kalshi, “, Rob Schwartz, Schwartz, Yaakov Roth, ” Roth, Rostin Behnam Organizations: CNN, Senate, Futures Trading Commission, DC, Appeals, US, DC Circuit, Kalshi, CFTC, Better Locations: Washington ,, United States, New York, Washington, “

☆ Appeals court greenlights betting on congressional elections
▼ + stars: | 2024-10-02 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

A federal appeals court on Wednesday refused to block a lower-court ruling allowing Americans to bet on the outcome of the 2024 congressional elections. The CFTC had barred KalshiEx from listing its congressional contracts on the exchange, which the commission regulates, on the ground that they would violate the laws of many states that ban gambling on elections. But a judge in U.S. District Court in Washington, D.C., ruled last month that the CFTC had erred in finding that KalshiEx's congressional contracts involved gaming or gambling. That ruling was in effect for only about eight hours before the D.C. appeals court stayed it at the request of the CFTC. That administrative stay was lifted in Wednesday's ruling.

Persons: Patricia Millett, Millett Organizations: U.S, Capitol, federal, Futures, Commission, CFTC, Appeals, District of Columbia Circuit, Washington , D.C, CNBC Locations: Washington ,, U.S

☆ Real estate fees settlement created 'a new competitive ballgame,’ expert says. Here's what buyers, sellers need to know
▼ + stars: | 2024-10-01 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

New rules on buying and selling homes are in play, now that a settlement from a class-action lawsuit has taken effect. At the time of listing a property, the home seller negotiated with the listing agent what the compensation would be for a buyer's agent, which appeared on the MLS. "Now, the buyer chooses how much the buyer's agent makes, the sellers choose how much the seller's agents make," Glenn Kelman, CEO of online real estate brokerage firm Redfin, told CNBC. Any confusion around the new practices among agents and consumers will likely be temporary, said Kerry Melcher, head of real estate at Opendoor. "Real estate agents are good at moving the market," she said.

Persons: brokerages, TikTok It's, Glenn Kelman, Kerry Melcher Organizations: National Association of Realtors, MLS, Finance, CNBC Locations: U.S, Opendoor

☆ NFL Power Rankings Week 5: Believing in the Vikings and rookie check-in
▼ + stars: | 2024-10-01 | by ( Josh Kendall | ) www.nytimes.com time to read: +24 min

In honor of Jayden Daniels’ historic start to his NFL career, the Power Rankings are checking in on rookies this week. Last week: 4Sunday: Beat Green Bay Packers 31-29The Vikings are having the NFL’s most surprising season without much help from their rookie class. Veteran wide receiver Rashee Rice is expected to miss the rest of the season after suffering a knee injury against the Chargers. Second-round wide receiver Ladd McConkey had a career-high 67 yards Sunday and leads the team with 173 receiving yards. Fourth-round tight end Erick All has been a surprise with 12 catches, but third-round wide receiver Jermaine Burton has been a disappointment.

Persons: Jayden Daniels, Daniels, Caleb Williams, they’ve, we’ve, J.J, McCarthy, Sam Darnold, Dallas Turner, Xavier Worthy, Rashee Rice, Worthy, Kingsley Suamataia, Roger Rosengarten, Derrick Henry, Henry, Keon Coleman, it’s, Coleman, James Cook, Terrion Arnold, Ennis Rakestraw, Arnold, Rakestraw, Jared Goff, Patrick Breen, Kamari Lassiter, Nico Collins, Byron Murphy, Geno Smith, Smith, Graham Barton, Bucky Irving, Irving, Mike Evans, Mason McCormick, Troy Fautanu, Zach Frazier, Justin Fields, Dominick Puni, Darren Yamashita, Puni, that’s, Ricky Pearsall, Jim Harbaugh, Joe Alt, Ladd McConkey, Javon Bullard, Bullard, Jordan Morgan, Edgerrin Cooper —, — Luke Musgrave, Tucker Kraft, Jayden Reed, Dontayvion Wicks, Love, mettle, DeMarcus Lawrence, Kneeland, Tyler Guyton, Cooper Beebe, Michael Penix Jr, hasn’t, Kirk Cousins, Ruke Orhorhoro, Brandon Dorlus, Bralen Trice, JD Bertrand, he’s, Taliese Fuaga, Aid McKinstry, Khristian Boyd, Weeks, Laiatu Latu hasn’t, Adonai Mitchell, Joe Flacco, Anthony Richardson, Anthony Richardson's, gam, Ang, e nt, No, Wil l iams: He, lea, dou, Tre, Ben, Lo, Bea, Caro, tigh, carr, rs does, ron, Nix, Eli M ann i, Fran, abou, Dalt, Andy Dalt, ake, Will Levi, Gian, Smit, Garr, Thom, Pede, arn Organizations: NFL, Washington, Green Bay Packers, Vikings, New York Jets, Chiefs, Los Angeles Chargers, Chargers, Veteran, New, New Orleans Saints, Beat Buffalo Bills, Bills, Ravens, 33rd, Cincinnati Bengals, Buffalo Bills, Baltimore Ravens, Buffalo, Houston Texans, Beat Seattle Seahawks, Lions, Ennis, The, USA, Beat Arizona Cardinals, Cleveland Browns, Beat Jacksonville Jaguars, Texans, Jaguars, Seattle Seahawks, Detroit Lions, Seahawks, New York Giants, Beat Philadelphia Eagles, Bucs, Tampa Bay’s, Atlanta Falcons, mojo, Indianapolis Colts, Steelers, South Dakota State, Colts, Dallas Cowboys, 49ers, New England Patriots, Central, Patriots, 33rd Team, Arizona Cardinals, Kansas City Chiefs, Minnesota Vikings, Packers, Los Angeles Rams, Beat New York Giants, Dallas, Pittsburgh Steelers, Beat New Orleans Saints, The Falcons, Tampa Bay Buccaneers, Aid, Beat Pittsburgh Steelers, Jacksonville Jaguars, Cal, Wil, pla, ims, unt, Sund, Jets, erc, ork Jets, acc, ard, lse Locations: Kansas, New Orleans, The Republic, Tampa, Central Missouri, Atlanta, Indianapolis

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