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☆ I drove a $172,000 Porsche 911 Carrera T, a beautiful throwback to the glory days of the manual transmission
▼ + stars: | 2024-11-22 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

AdvertisementI drove an updated 2025 Porsche 911 Carrera T Cabriolet in Lugano Blue. The Carrera T is a lighter, more enthusiast-focused 911 trim and comes with a manual transmission. The Porsche 911 is an automotive icon in the truest sense of the word, a representative symbol of what a sports car should be. Only a few high-end models, like the track-focused GT3, are offered with a manual transmission. AdvertisementStarting in 2025, the manual transmission will not only be standard on the Carrera T, it will be the only transmission offered on he model.

Persons: Carrera Organizations: Porsche, Carrera Locations: Lugano Blue

☆ 'I have no money': Thousands of Americans see their savings vanish in Synapse fintech crisis
▼ + stars: | 2024-11-22 | by ( Hugh Son | ) www.cnbc.com time to read: +9 min

Morris, like thousands of other customers, was snared in the collapse of a behind-the-scenes fintech firm called Synapse and has been locked out of her account for six months as of November. Then she learned how much Evolve Bank & Trust, the lender where her funds were supposed to be held, was prepared to return to her. The crisis started in May when a dispute between Synapse and Evolve Bank over customer balances boiled over and the fintech middleman turned off access to a key system used to process transactions. Synapse helped fintech startups like Yotta and Juno, which are not banks, offer checking accounts and debit cards by hooking them up with small lenders like Evolve. But that would've required more coordination between Evolve and the other lenders that held customer funds than what ultimately happened.

Persons: Oscar Wong, Kayla Morris, Morris, Andreessen Horowitz, Jelena McWilliams, Zach Jacobs, there's, Yotta, Adam Moelis, they've, Jacobs, Andrew Meloan, Meloan, I've, ” Zach Jacobs, McWilliams, McWilliams didn't, Rayburn, Tom Williams, hadn't, Judge Martin Barash, Natasha Craft, they're, Andreatte Caliguire Organizations: Evolve Bank & Trust, Synapse, Evolve Bank, ., CNBC, FedEx, Evolve, Deposit Insurance Corp, U.S, FDIC, Trump, Federal Reserve, Federal Deposit Insurance Corporation, Financial, Prudential Regulators, Megabanks, Depository, CQ, Inc, AMG, Lineage Bank, American Bank, Indiana FedEx Locations: Texas, Tampa , Florida, Yotta, Chicago, California, Mishawaka , Indiana

☆ Vang Vieng: What to know about the Laos city swept up in methanol deaths
▼ + stars: | 2024-11-22 | by ( Lilit Marcus | ) edition.cnn.com time to read: +4 min

Laos has tried to rebrand Vang Vieng as less of a party destination. Vang Vieng and its mountainous surroundings are a base for outdoor activities, including kayaking, jungle trekking, parasailing, tubing and rock climbing. Foreign tourists kayaking and tubing on the Song River in Vang Vieng, Laos, on November 19. “(We are) aware of a number of cases of suspected methanol poisoning in Vang Vieng, possibly through the consumption of methanol-laced alcoholic drinks,” the US Embassy in Vientiane said in a health alert Friday. The warning came after the US State Department confirmed to CNN that an American citizen had died in Vang Vieng.

Persons: Vang Vieng, Vang, Anupam Nath, CNN’s Helen Regan, Isaac Yee, Eve Brennan Organizations: CNN, UNESCO, Vang, US State Department Locations: Southeast Asia, Vang, Laos, United States, United Kingdom, Vientiane, Luang Prabang, South Korea, China, Vang Vieng, New Zealand, Australia, Canada, American, Vietnam, Thailand, France, Russia, Japan

We continue our series covering the first day at America's military colleges and academies with Norwich University in Vermont. The oldest of all of the private US senior military colleges, Norwich University predates Virginia Military Institute and The Citadel and is credited as the birthplace of the military's Reserve Officers' Training Corps, or ROTC. While about half of the university's students matriculate as civilians, the other half enlist in the Corps of Cadets, which follows a strict military training regimen. On day zero, incoming freshmen, known as "rooks" (short for "recruits"), say goodbye to their families before being indoctrinated by upperclassmen, known as cadre, into the lifestyle of a Norwich cadet.

Organizations: Norwich University in, Norwich University, Virginia Military Institute, The, military's, Training Corps, Corps, Cadets Locations: Norwich University in Vermont, Norwich

☆ Russia fired a new type of missile at Ukraine. It's fast, can carry nukes, and could hit far into Europe.
▼ + stars: | 2024-11-22 | by ( Sinéad Baker | Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

AdvertisementRussia fired what it said was a new type of ballistic missile at Ukraine this week. Russian President Vladimir Putin on Thursday said his military had fired a new type of missile at Ukraine, describing it as a test and also a warning to the West. The missile, described by the US as experimental, appears to have the range to hit targets elsewhere in Europe. Firefighters at the site of a Russian missile strike in Dnipro, Ukraine, November 21, 2024. He said Russia "had the right" to strike countries that gave Ukraine weapons that hit Russia.

Persons: Putin, Vladimir Putin, Sabrina Singh, Matthew Savill, Mick Ryan, Efrem Lukatsky Jakub Janda, Pavel Podvig, , Volodymyr Zelenskyy, MIKHAIL METZEL, Fabian Hoffmann, Ryan, Farah Dakhlallah Organizations: Firefighters, Press Service, State Emergency Service of, Getty, Center for Arms Control, Financial Times, Royal United Services Institute, Associated Press, Australian Army, BBC, AP, European Values Center, Security, UN Institute for Disarmament Research, Oslo Nuclear Project, Reuters, Australian, NATO Locations: Ukraine, Dnipro, Europe, Russian, State Emergency Service of Ukraine, Dnipropetrovsk Region, Anadolu, United Kingdom, Russia, Moscow, Oslo

This isn't the first time I've received travel credit in exchange for taking a later flight — and it happens more often than you might think. How to get travel credit or compensation for giving up your seatPeak travel season often coincides with flight snafus from inclement weather or mechanical issues. If your schedule can accommodate a spontaneous change of plans, here's what you should know about volunteering for travel credit. AdvertisementUnderstanding bumping and denied boardingOperating a commercial flight is expensive, so most airlines slightly oversell each flight to compensate for no-shows and last-minute cancellations. You'll get the fastest response if you include your date(s) of travel, flight number(s), full contact information, and airline frequent flyer number.

Persons: I'm, I've, you'll, It's, you've, You'll Organizations: American Airlines, Department of Transportation, Aviation, Airlines Locations: New Orleans, Austin, Italy, U.S

☆ Battery giant Northvolt files for bankruptcy in major setback to Europe's EV ambitions
▼ + stars: | 2024-11-22 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Swedish battery maker Northvolt filed for Chapter 11 bankruptcy protection in the U.S., delivering a hard blow to Europe's electrification ambitions. A partner of major European automakers, Northvolt produces lithium-ion batteries for the blooming electric vehicle industry, which has recently been rocked by intensifying competition. "This decisive step will allow Northvolt to continue its mission to establish a homegrown, European industrial base for battery production," said Tom Johnstone, interim chairman of Northvolt's board. "Despite near-term challenges, this action to strengthen our capital structure will allow us to capture the continued market demand for vehicle electrification," he added. The Stockholm-based business has long been regarded as Europe's best hope of building a homegrown EV battery champion.

Persons: Northvolt, Tom Johnstone Organizations: EV Locations: Skelleftea, Sweden, Swedish, U.S, Stockholm

☆ I'm an interior designer who shopped at West Elm and Crate & Barrel for holiday decorations. One felt way more festive.
▼ + stars: | 2024-11-22 | by ( Mina Lisanin | ) www.businessinsider.com time to read: 1 min

AdvertisementI shopped at West Elm and Crate & Barrel to see which store had better holiday decor. Crate & Barrel offered chic, modern decorations, but West Elm had classic, cozy options. As an interior designer, I liked both stores, but West Elm ultimately felt warmer and more festive. As an interior designer, I use my eye and skills when decorating for the holidays. So, while shopping in NYC, I visited West Elm and Crate & Barrel — two stores known for their stylish home decor with a modern twist.

Persons: Elm, West Organizations: US

☆ Late Night Can’t Believe Matt Gaetz Won’t Be Attorney General
▼ + stars: | 2024-11-22 | by ( Trish Bendix | ) www.nytimes.com time to read: 1 min

Welcome to Best of Late Night, a rundown of the previous night’s highlights that lets you sleep — and lets us get paid to watch comedy. Here are the 50 best movies on Netflix right now. A Distraction From the DistractionsMatt Gaetz, who was President-elect Donald J. Trump’s choice for attorney general despite allegations that he’d used drugs and had sex with a 17-year-old, withdrew his name from consideration on Thursday. Jimmy Kimmel said the ex-congressman from Florida had “crawled back under the rock of cocaine he scurried out from under.”

Persons: Matt Gaetz, Donald J, he’d, Jimmy Kimmel, “, ” Organizations: Netflix Locations: Florida

☆ Your questions about Trump 2.0, answered
▼ + stars: | 2024-11-22 | by ( Zachary B. Wolf | Leinz Vales | ) edition.cnn.com time to read: +19 min

CNN —When we asked CNN readers for their questions about the incoming Trump 2.0 administration, we got a lot of nervous and scared feedback. Donald Trump and Ivanka Trump walk to Marine One at the White House in Washington, DC, on January 4, 2021. This is her response:Trump has promised to protect Social Security and not raise the retirement age or make other cuts. For more, read Luhby’s story on how a second Trump term could affect Social Security benefits. For his second term, Trump has promised to find military officials more loyal to him and that he’ll fight an “enemy from within” of political opponents.

Persons: Donald Trump’s, I’m, …, Catherine Shoichet, Shoichet, Trump, ”, Lisa Graybill, Tom Homan, He’s, Kelli Stump, she’s, “, Ashley, Joe Biden, Eric Gay, Stephen Miller, Trump’s, Alan, Jim Sciutto, Roman Plipey, Afghanistan –, Vladimir, Putin, Marco, Rubio, Mike, Waltz –, Tulsi, Gabbard, Will, Greg, ” Trump, Donald Trump, Ivanka Trump, Joshua Roberts, hasn’t, Tami Luhby, James, There’s, Portugal's, Armando Franca, Lawrence, Katie Lobosco, that’s, there’s, –, Biden’s, Will Trump, Biden, Emily, … Gustavo, doesn’t Biden, Steve Here’s, Ella Nilsen, Jim Watson, it’s, Will Trump’s, Keith Trump’s, Nixon, Adam, ” Sen, Adam Schiff of, ” Schiff, Matt Gaetz Organizations: CNN, Trump, Security, National Immigration Law Center, American Immigration Lawyers, Ashley Presidents, US Customs, National Guard, US, Ukraine, Getty, NATO, White, Reuters, Social, Social Security, Bee, FBI, New Jersey Trump, Republicans, Congress, Pentagon, Trump White House, NPR Locations: Rio, Mexico, Eagle Pass , Texas, Ukraine, Powers, Russia, China, Europe, Kyiv, Roman, AFP, Afghanistan, Maine, Washington ,, Barbara, Louisiana, Italy, Lisbon, Illinois, New Jersey, Florida, North Carolina, Colorado, Red Butte, Tusayan , Arizona, Adam Schiff of California

☆ Video: CNN visits massive factory in Beijing as Chinese exporters brace for higher US tariffs
▼ + stars: | 2024-11-22 | by ( Marc Stewart | ) edition.cnn.com time to read: 1 min

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☆ A Native American photographer took powerful portraits of members of every tribe across the US
▼ + stars: | 2024-11-22 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

AdvertisementMatika Wilbur photographed members of every federally recognized Native American tribe. She published a book of her photos titled "Project 562: Changing the Way We See Native America." AdvertisementShe embarked on a yearslong project photographing members of every federally recognized Native tribe in North America. In 2023, she published her collection of photos in a book titled "Project 562: Changing the Way We See Native America." Wilbur spoke with Business Insider about her project, her photos, and the importance of agency in Native American representation.

Persons: Wilbur, Matika Wilbur Organizations: Business Locations: Native America, South America, American, North America

☆ Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say
▼ + stars: | 2024-11-22 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Prosecutors said four of his associates discussed their share of the bribes via Excel and PowerPoint. New York prosecutors charging one of India's richest men with bribery said his associates used Microsoft Excel and PowerPoint to discuss and analyze their corrupt payments. AdvertisementThe Adani Group and attorneys for the other defendants did not respond to requests for comment from BI. Prosecutors said that during this period, the Adani Group falsely told investors at least four times that it had not paid bribes. AdvertisementIn a statement on its website on Thursday, the Adani Group said the prosecution's accusations are "baseless and denied."

Persons: Gautam Adani, Prosecutors, Adani, Sam Bankman, Sagar Adani, Vneet Jaain, Rupesh Agarwal, Agarwal, Cyril Cabanes, Sagar Organizations: Excel, New, Microsoft, Adani, Energy, Power, Prosecutors, New York Stock Exchange, Eastern, of, Adani Group, US Department of Justice, Adani Enterprises, SEC, Wednesday Locations: New York, India, of New York, British, Hong Kong, Indian

☆ I spent a week in a hospital in Ecuador when my lung collapsed. It confirmed that moving here was the right decision.
▼ + stars: | 2024-11-22 | by ( Sinead Mulhern | ) www.businessinsider.com time to read: +6 min

Earlier this year, she spent a week in the hospital due to a collapsed lung, a severe complication of pneumonia. The support she received from the hospital staff and her friends confirmed that moving there was the right decision. "We have to go to the hospital right now," my doctor told me after confirming that my right lung had collapsed. I felt scared and focused on my friend as the surgeon told me to hold my right arm above my head and stay still. People I didn't know well would call to check in, and friends of friends would send well wishes.

Persons: Sinead Mulhern, I'd, Ecuador —, hadn't, I'm, Sanja, We've, Jonathan, KFF Organizations: Monopoly Locations: Ecuador, Cuenca —, Quito, South America, Ecuadorian, Canada, Australia, South Africa, England, Venezuela

☆ Israelis unite behind their prime minister as Netanyahu faces an international arrest warrant
▼ + stars: | 2024-11-22 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +7 min

CNN —A decision by the International Criminal Court to issue arrest warrants for Israeli officials was met with anger and annoyance at Jerusalem’s bustling Mahane Yehuda Market. Gil Siegal, a legal scholar at the Ono Academic College in Israel, said The Hague-based court’s decision has united Israelis. Most Israelis still support the war in Gaza, he said, seeing it as a just fight and the only means to keep their country safe. The ICC “is saying that Gallant and Netanyahu are equal to Mohammed Deif… this is something that Israelis truly cannot comprehend, truly, truly cannot comprehend,” Siegal said. “Israel’s war machine does not only destroy Gaza but also hurts Israelis – in body and in spirit,” he told CNN.

Persons: ” Sarita Katzin Sarfati, Benjamin Netanyahu, Yoav Gallant, “ Netanyahu, Bibi, ” Sarita, Netanyahu, Netanel Yehuda, “, ”, Gil Siegal, Netanyahu –, Gallant, Mohammed Al, Masri, Mohammed Deif, Israel, ” Siegal, Yael Vias Gvirsman, Deif, Dreyfus, Alfred Dreyfus, Yair Lapid, Shurat HaDin, Behar Organizations: CNN, International, Court, Putin, Ono Academic College, ICC, Hamas, Israel Defense Forces, West Bank Locations: Mahane, Gaza, Israel, Hague, Tel Aviv, The Hague, Israeli

☆ From a call with Putin to an experimental strike, a dramatic week transforms the war in Ukraine
▼ + stars: | 2024-11-22 | by ( Nick Paton Walsh | Analysis Cnn'S International Security Editor | ) edition.cnn.com time to read: +6 min

CNN —It began with a peace move nobody wanted and ended with an experimental missile strike so rare in war Moscow gave a 30-minute heads-up to Washington. The White House publicly authorized Ukraine Sunday to fire missiles it supplied into Russia proper, which it swiftly did Monday. Moscow responded by using an experimental medium-range missile, with hypersonic speeds and a multiple warhead system usually reserved for nuclear payloads, to strike Dnipro Thursday. Similarly, Putin’s decision to launch the Oreshnik missile was likely Moscow stepping up another rung on a carefully prepared ladder of escalation. Yuri Budanov, head of Ukraine’s defense intelligence, said Friday it was a “medium-range ballistic missile, a nuclear weapons carrier.

Persons: Donald Trump’s, Putin, Olaf Scholz, Vladimir Putin, Scholz, Trump, Joe Biden’s, ’, Russia’s, ”, Yuri Budanov, ” Budanov, Biden Organizations: CNN, White House, Ukraine Sunday, Dnipro Thursday, Kremlin, Russia’s, Foundation, NATO, Intermediate Nuclear Forces, US, United Kingdom’s Defence Intelligence Locations: Moscow, Washington, Ukraine, Russia, Germany, Europe, Poland, France, Dnipro, Kyiv, Kharkiv, Kupiansk, Zaporizhzhia, Kursk

☆ Pew poll: Democrats’ pessimism about their party’s future is at its highest level in the Trump era
▼ + stars: | 2024-11-22 | by ( Ariel Edwards-Levy | ) edition.cnn.com time to read: +4 min

Roughly half (51%) of Democrats and independents who lean toward the party say they’re optimistic, while 49% say that they’re pessimistic about its future. By contrast, 86% of Republican-aligned adults now call themselves optimistic about the GOP’s future, up from 65% who said the same two years ago. Roughly 8 in 10 said they were optimistic following Trump’s 2016 election and the 2018 midterms, with 74% calling themselves optimistic after Biden’s 2020 victory. Fewer express confidence in Trump to make good decisions on abortion policy (45%) or to bring the country closer together (41%). The Pew Research Center poll surveyed 9,609 US adults from November 12-17, using a nationally representative online panel.

Persons: they’ve, Donald Trump, Trump’s, Joe Biden’s, Pew, ’, Trump, they’re Organizations: CNN, Pew Research Center, Democratic, Republican, Republican Party, Democratic Party, GOP Locations: Trump

☆ Trump's priority is for crypto trading to be centered in the U.S.: Analyst
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump's priority is for crypto trading to be centered in the U.S.: AnalystLouis Navellier of Navellier & Associates discusses Trump's priority of centering crypto trading in the US and the future of crypto as a payment method.

Persons: Louis Navellier Organizations: Navellier, Associates Locations: U.S

☆ Video: Ex-US attorney on likely next steps in Trump’s hush money case
▼ + stars: | 2024-11-22 | by ( Josephine Hitchings | ) edition.cnn.com time to read: 1 min

☆ Citadel's Ken Griffin considers selling minority shares whilst handing out political advice to Trump
▼ + stars: | 2024-11-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, billionaire Ken Griffin has some advice for President-elect Donald Trump, including a suggestion for his Treasury pick . While speaking Thursday at the Economic Club of New York, Griffin said he appreciates the importance of those issues to Americans but said aggressive tactics to address them could make things work. Griffin is one of the biggest donors to the Republican Party, but declined to publicly endorse either presidential candidate this year. AdvertisementModeration hasn't been the name of the game for Trump with some of his proposed policies. AdvertisementHe said he'd be open to selling a minority stake in his hedge fund to the right partner.

Persons: it's, Ken Griffin, Donald Trump, Trump Ken Griffin, Mike Blake, Insider's Bradley Saacks, Michelle Abrego, Griffin, Manny Roman, Trump, Marc Rowan, Rowan, Alexander Tamargo, Thoma Bravo Griffin, he'd, Zalubowski, Chelsea Jia Feng, Elon, Paul, Tyson, Megyn Kelly, Tucker Carlson Ron Antonelli, Chip Somodevilla, Rebecca Zisser, Tucker Carlson, Bari Weiss, BI's Peter Kafka, Chris Balfe, Ridley Scott's, You've, Dan DeFrancesco, Jack Sommers, Grace Lett, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Treasury, Trump, Citadel, Milken, Global Conference, Reuters, Economic, of New, Republican Party, Citadel Securities, Sequoia, Millennium Management, BlackRock, Chelsea, Getty, Netflix, Bank of America, NY Daily, Fox News, Auto, Ford, GM, Volkswagen Locations: Beverly Hills , California, U.S, of New York, Montreal, New York, London, Chicago

☆ A thoughtful teacher helped me and my twin after I hesitantly told her we were late to school because we were homeless
▼ + stars: | 2024-11-22 | by ( Jane Ridley | ) www.businessinsider.com time to read: +4 min

AdvertisementDina Winter-Robinson and her twin were homeless and constantly late for school at the age of 13. AdvertisementI suspect my 8th grade science teacher, Mrs. Falcoff, never knew what a gift she gave to me — a desperately shy teen who barely spoke at school — by making me feel heard. Related storiesEven though I admired Mrs. Falcoff, my shyness meant I hardly spoke to her. I'll never forget Mrs. FalcoffMom wrote the letter, which I gave to Mrs. Falcoff the next day. I've never forgotten Mrs. Falcoff and the important part she played in my life.

Persons: Dina Winter, Robinson, Falcoff, Gina, Auntie Marjorie, We'd, they'd, Dina, we'd, didn't, Falcoff Mom, Auntie Marjorie's, Mom, I've Organizations: New, Business Locations: New York City, Bronx, Brooklyn

☆ Startups that rely on Chinese manufacturers are bracing for Trump's impact
▼ + stars: | 2024-11-22 | by ( Melia Russell | ) www.businessinsider.com time to read: +8 min

AdvertisementTrump's proposed tariffs could raise costs for hardware startups making physical goods. Hardware startups rely on a host of manufacturers that are mostly based in China. When China-based manufacturers ship the final products back, the hardware startups may get hit with levees of up to 60 percent on goods from China, according to Trump's statements during his campaign. AdvertisementThe impact on startups: 'We're done here'In the aftermath of Trump's election win, euphoria is sweeping through the business world. AdvertisementHe said he's worried about the potential for Trump tariffs to spark a recession.

Persons: Donald Trump's, Nikhil Basu Trivedi, Jared Friedman, Combinator, Friedman, Graham Anderson, Marc Andreessen, Elon Musk, Bradley Tusk, Santosh Sankar, Trump's, Tim Cook, Cook, Donald Trump, Ivanka Trump, Steven Mnuchin, Mandel Ngan, Alan Deardorff, Trump, Deardorff, he'll, Lea Suzuki, Spencer Penn, Tesla, Penn, —, Chris Van Dyke's, he's, Van Dyke Organizations: Investors, Elon, Washington Post, Washington, Dynamo Ventures, Apple, Trump, Mac, Getty, Big Tech, University of Michigan, Tesla, San Francisco Locations: China, Asia, When China, Flexport, Austin , Texas, AFP, Fremont , California, Europe

CNN —President-elect Donald Trump’s Treasury secretary pick stands in stark contrast to some of the more controversial and questionable Cabinet picks he’s announced so far. In many respects, the Treasury secretary is the quarterback of the economy. Wall Street was unfazed by the selection. One of the Treasury secretary’s jobs is to help keep Wall Street calm and confident during times of economic or market turmoil. The Treasury secretary works closely with both the central bank and the White House.

Persons: Donald Trump’s, he’s, Scott Bessent, “ Scott Bessent, ”, Glock, “, Trump, Matt Gaetz, Robert F, Kennedy, Jr, MAGA, ” Glock, Bessent, Elon Musk, Cantor Fitzgerald, Howard Lutnick, Musk, Lutnick, –, Isaac Boltansky, “ Scott, I’ve, Kyle Bass, Xi Jinping, Jerome Powell Organizations: CNN, Manhattan Institute, Trump loyalists, Treasury, Soros Fund Management, Fox News, Trump, Commerce, Street, Hayman Capital Management, Dow Jones, White Locations: Bessent, China, Argentina

☆ India: Doctor’s stabbing renews debate over hospital safety months after rape and murder of medic
▼ + stars: | 2024-11-22 | by ( Esha Mitra | ) edition.cnn.com time to read: +8 min

Their main demand then was a federal law, known as the Central Protection Act (CPA), to protect doctors and medical staff at their workplace. Several doctors work in the capital New Delhi, but they say things are much worse at remote health care centers. The survey had 1,566 responses from doctors, nurses and other medical staff across the country. Protests by medical staff in Kolkata earlier this year lasted for weeks following the rape and murder of a trainee doctor. The Supreme Court of India opened a case on the Kolkata trainee doctor’s rape and murder and formed a national task force to recommend measures to improve security at hospitals.

Persons: Balaji Jaganathan, ”, Abdul Hasan, –, barged, Samir Jana, medic’s, Kar, Anwesha Banerjee, Hasan, ‘, Banerjee Organizations: New, New Delhi CNN, Indian Medical Association, CNN, Central Protection Act, Hindustan Times, Health Ministry, Indian Ministry of Health, West, World Health Locations: New Delhi, India, Chennai, Tamil Nadu, Kolkata, Delhi, West Bengal

☆ One of Trump’s Treasury contenders hails from the most cutthroat private equity firm on Wall Street
▼ + stars: | 2024-11-22 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

The words “private equity” are almost poetic in their power to obfuscate in such a way that most people simply tune out when they hear them. But there’s a reason workers tend to have a negative association with private equity. Per Bloomberg, Apollo “built its name as the scrappiest private equity and distressed-debt investor on Wall Street by buying businesses and loading them up with debt that offered creditors meager protections in the face of default.”Historically, private equity deals were largely handled by big banks. Private equity firms now hold controlling stakes across an array of industries, including supermarkets, housing, health care, fashion, restaurants and vet clinics. And other efforts to force more transparency and accountability in private equity have similarly faced opposition.

Persons: CNN Business ’, Marc Rowan, Donald Trump’s, Rowan, Bill Lazonick, he’s, ”, Megan Greenwell, aren’t, ” Dennis Kelleher, Apollo “, it’s, Sen, Elizabeth Warren of, hadn’t, Scott Bessent, Kevin Warsh, “, ” Greenwell Organizations: CNN Business, New York CNN, Apollo Global Management, Treasury, OCC, Republicans, Industry Research Network, — Bloomberg, KKR, Blackstone, Carlyle Group, Securities and Exchange Commission, “, Research, Treasury Department, Bloomberg, Financial Times, Federal Reserve Locations: New York, ”, Elizabeth Warren of Massachusetts

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