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Treasury Secretary Janet Yellen said Monday that U.S. President Joe Biden and Chinese President Xi Jinping remained far apart on the status of Taiwan after their high-profile meeting last week during the Asia-Pacific Economic Cooperation conference in San Francisco. "President Xi did express the view that it's important for Taiwan and mainland China to unify. "But President Biden said our policy remains unchanged from what it's always been with respect to Taiwan." Even after their talks last week, Biden and Xi's deadlock on the issue could have military ramifications, despite Xi's insistence that he does not want military conflict. Already, Taiwanese officials have reported escalating Chinese military action around the island in recent months.
Persons: Janet Yellen, Xi Jinping, Joe Biden, Xi, Yellen, Biden, it's, China's, Nancy Pelosi, I'm, that's Organizations: San Francisco International, Economic Cooperation, U.S, ., China, APEC Locations: Asia, San Francisco , California, Taiwan, San Francisco, China, People's Republic of China, U.S, Ukraine, Israel
There are 20 million units of uncompleted and delayed presold homes across China, according to one estimate. Photo: Bloomberg NewsChina’s housing market has a big problem: millions of unfinished homes that were sold but not delivered. Solving that is crucial for a recovery, but the problem keeps getting bigger. More property developers are defaulting on their debt and adding to the logjam of construction delays and stalled residential developments across the country.
Organizations: Bloomberg Locations: China
Not long after Rosalynn Carter, the former first lady, died on Sunday, politicians from both sides of the aisle commended her work in that public role and the strides she made for women’s rights, mental health and many other causes. The Carter Center in Atlanta announced her death, calling her “a passionate champion of mental health, caregiving, and women’s rights.” The center disclosed in May that Mrs. Carter had dementia and on Friday that she had entered hospice care at home. Like many first ladies, Mrs. Carter used her prominent position to champion a cause: the treatment of mental illness. She was named honorary chairwoman of the Carter administration’s mental health commission, and she led the White House Conference on Aging, which started in 1977. She held nationwide hearings on both topics, testified before Congress and pressed for legislation to support mental health centers and to offer insurance coverage for the care of mental illness.
Persons: Rosalynn Carter, Carter Organizations: Carter, White, Conference, Aging Locations: Atlanta
Officials have been tight-lipped when speaking publicly on the hostage negotiations, due to the sensitive and malleable nature of the talks. As the current deal appears to inch closer to a final version, here are some lingering questions and what we know so far. Reaching a deal this week is not certain — a variety of factors could disrupt and prolong the negotiations. Finer said Sunday on ABC's "This Week" that the deal would "certainly" lead to the release of "more than dozens" of hostages. Israeli Prime Minister Benjamin Netanyahu has repeatedly said that Israel will not begin to consider a cease-fire until all of Hamas' hostages have been released.
Persons: Jonathan, Israel, Adrienne Watson, Michael Herzog, Herzog, Sheikh Mohammed Bin Abdulrahman, Thani, Benjamin Netanyahu, it's, Netanyahu Organizations: Hamas, U.S, Deputy National, White, Washington Post, National Security, National, CNN, Qatari Locations: Gaza, Israel, Tel Aviv, Qatar
The IDF mistakenly hit Nova festival attendees while aiming for Hamas militants, Haaretz reports. 364 people were killed at the psychedelic trance music festival near the Gaza border. AdvertisementA police investigation of the Nova music festival massacre on October 7 indicates that the IDF mistakenly shot some festival attendees while firing at Hamas terrorists. The source told Haaretz that their police investigation intimates that an IDF combat helicopter fired at terrorists after arriving on the scene. Israeli security's assessment is that Hamas did not have advance knowledge of the Nova music festival next to Kibbutz Re'im, and targeted it spontaneously after infiltrating Gaza's border, Haaretz reports.
Persons: , Josh Breiner, Re'im, Noa Argamani Organizations: IDF, Service, Nova, Israeli, Haaretz, Business, New York Times Locations: Gaza, Israel, Gaza's
Members of the antisemitic hate group "Blood Tribe" marched in downtown Madison, Wisconsin. The mayor of Madison called the Nazi symbols "disturbing" and condemned the group. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNeo-Nazis marched in downtown Madison, Wisconsin, chanting "There will be blood," CBS News reports.
Persons: , , — Gabriel Noronha, Madison's, Satya Rhodes, Conway, Madison, Rhodes, Tony Evers, David Goldenberg Organizations: Service, CBS, Wisconsin State Capital, James Madison Park, Milwaukuee Sentinel, Blood, Defamation, Daily, Madison Police Department, ADL Midwest Regional Locations: downtown Madison , Wisconsin, Nazi, Madison, Wisconsin, Israel, Madison , Wisconsin, @GLNoronha
‘A Beautiful Place That Has a Dragon’: Where Hurricane Risk Meets Booming GrowthThe hurricanes keep coming, and the people, too: The fastest-growing places along the Atlantic coast this century are also among the most hurricane-prone. And rising sea levels make storm surges more damaging and coastal flooding more frequent. And this booming coastal population is, by many accounts, a larger contributor to rising hurricane risks than climate change. When Gail Hart moved from Arizona to retire in Wilmington, N.C., in 2017, she hadn’t considered the hurricane risk. Still said, “where do you put 100,000 people?”The housing crunch is one of many tensions playing out between wealthy coastal communities and those who live nearby.
Persons: Matthew, Dorian, Isaias, Ian, , , Kathie Dello, Gail Hart, hadn’t, ” Gail Hart, Del Webb, Hurricane Florence, Hart, “ There’s, Steven Still, Amanda Martin, North, Mr, Still, Jenny Brennan, David McIntire, McIntire, O’Leary, Ms, Water, O’Leary’s, Kevin Mishoe, Mishoe, Gina, Karen Willis Amspacher, Amspacher, “ It’s, It’s, she’s, Sharon Valentine, Hurricane Fran, Wilmington’s Del, Valentine, Leonard Bull Organizations: Hurricanes, Hurricane, First Street Foundation, Atlantic, National Flood Insurance, Southern Environmental Law Center, States, Brunswick, Myrtle, Association, Hurricane Florence, Down Locations: United States, Myrtle Beach, S.C, Wilmington, N.C, Carolinas, Florence, Carolina, Gulf, Louisiana, Florida, North Carolina’s, Kure Beach, Horry County, Brunswick County, Arizona, Tula, New Hanover County, U.S, It’s, North Carolina, Conway, Horry, Hurricane, Hurricane Florence, Bucksport, Carteret County, , Banks, Stacy, Harkers, Fayetteville, Wilmington’s, Wilmington’s Del Webb
Federal Deposit Insurance Corp. Chairman Martin Gruenberg on Wednesday at a House hearing. Photo: Al Drago/Bloomberg NewsFederal Deposit Insurance Corp. Chairman Martin Gruenberg took responsibility and apologized for the agency’s workplace culture in a video to staff Friday, while indicating he doesn’t plan to bow to pressure from Republican senators to resign. “As chairman, I am ultimately responsible for the actions of our agency, both good and bad,” Gruenberg said in his second video message to staff this week. “I bear responsibility for setting the tone for our culture.”
Persons: Martin Gruenberg, Al Drago, ” Gruenberg, Organizations: Deposit Insurance Corp, Bloomberg
Meta has disbanded its Responsible AI division, the team dedicated to regulating the safety of its artificial intelligence ventures as they get developed and deployed, according to a Meta spokesperson. Most members of the RAI team have been reassigned to the company's Generative AI product division, while some others will now work on the AI Infrastructure team, the spokesperson said. The Generative AI team, born in February, focuses on developing products that generate language and images to mimic the equivalent human-made version. Though RAI employees have now been dispersed throughout the organization, the spokesperson noted that they will continue to support "responsible AI development and use." "We continue to prioritize and invest in safe and responsible AI development," the spokesperson said.
Persons: Mark Zuckerberg, OpenAI Organizations: Meta, U.S, Senate, Intelligence, Capitol, Washington , D.C, RAI, AI Infrastructure, The, Big Tech, Google, Microsoft Locations: Washington ,, Anthropic
Mike Johnson lamented that "one in four high school students identifies as something other than straight." The House speaker called US culture "dark and depraved" on a World Prayer Network call. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMike Johnson, Speaker of the US House of Representatives, called American culture "dark and depraved that it almost seems irredeemable" in reference to LGBTQ+ youth, Rolling Stone reports. "The culture is so dark and depraved that it almost seems irredeemable," Johnson told Garlow, highlighting declining church attendance rates across the country and the rise of young people identifying as LGBTQ+.
Persons: Mike Johnson, Johnson, , MAGA, Jim Garlow, Kevin McCarthy, Garlow, We're, Donald Trump, Trump Organizations: Service, Representatives, Stone, Garlow, Republican, Democrat, Alliance, New York Times Locations: America
Russia has stockpiled 800 missiles in Crimea in preparation for its second winter campaign. It is feared the missiles are intended for strikes on critical Ukrainian civilian infrastructure. AdvertisementUkraine is bracing itself for an aerial onslaught this winter, with reports suggesting Russia has stockpiled 800 missiles in Crimea to strike at Ukrainian civilian infrastructure. Last winter, Russia adopted the same tactic it appears to be preparing for this year — targeting Ukrainian power and water infrastructure with missiles. As the war in Ukraine heads into its second winter, territorial movement could be limited in the months ahead.
Persons: , Humenyuk, Jack Watling, Volodymyr Zelensky Organizations: Ukrainian Southern Military Command, Service, Kremlin, International Rescue Committee, NATO, of Energy Locations: Russia, Crimea, Ukrainian, Ukraine, Crimean, Kyiv
A Range Rover was sold for $165,000 after evidence emerged that it probably belonged to Queen Elizabeth II. AdvertisementA 2004 Range Rover with suspected ties to Her Majesty Queen Elizabeth II has shattered auction records, selling for $165,000. The auction's outcome was more than double the pre-sale estimate of £60,000, or $75,000 — 10 times the usual price for a second-hand Range Rover that old. AdvertisementBefore the video's discovery, the only original ownership information was a letter from Jaguar Land Rover, which builds the Ranger Rover, identifying warranty recalls in July 2004 at a Land Rover dealer in London's high-end Mayfair district and one in Aberdeen, Scotland. Prince Philip, Duke of Edinburgh, spent 16 years designing his own hearse: a modified Land Rover.
Persons: Queen Elizabeth II, Historics Auctioneers, , HRH Prince Phillip, The Duke, Edinburgh, Tim Graham, Historics, Historics Auctioneers Rob Hubbard, Duke, Prince Philip , Duke of Edinburgh Organizations: Service, Rover, Jaguar, Land Rover, Scottish Highlands, Windsor Horse, Royal Windsor Horse, Getty, Vehicle, Epsom, Rovers Locations: Birmingham, Mayfair, Aberdeen, Scotland, Balmoral, Scottish, Windsor , England, Epsom Green, Windsor
Actor told TikTok bosses that the platform was creating the "biggest antisemitic movement since the Nazis." AdvertisementIn a recent video call between Jewish celebrities and TikTok executives, actor and campaigner Sacha Baron Cohen accused the popular video app of "creating the biggest antisemitic movement since the Nazis," reported The New York Times. The accusation comes amid growing concerns about TikTok's role in fostering an alleged surge of antisemitic abuse on its platform and wider social media. AdvertisementBaron Cohen told TikTok executives, "shame on you," for allegedly promoting hate through the content circulated on the app. Presser acknowledged the validity of Baron Cohen's concerns, admitting that social media companies, including TikTok, must combat hate content more.
Persons: TikTok, Baron Cohen, Hitler, , Sacha Baron Cohen, Dustin Moskovitz, Elon Musk, Musk, Mark Zuckerberg, Anne Frank, Amy Schumer, Grace, Debra Messing, Adam Presser, Seth Melnick, Presser, Baron Cohen's, Osama bin Laden's, Jamie McCarthy, Osama bin, hashtag, Nikki Haley, Osama Bin Organizations: Service, New York Times, IBM, Golden Globes, TikTok, Will, Carnegie Hall, Guardian Locations: New York City, China
“Rustin,” a biopic that depicts how Rustin navigated a gantlet of personal and political hurdles to pull off the March on Washington, debuts on Netflix today. Rustin was the “glue guy” leader for the civil rights movement. Colman Domingo, center, as Bayard Rustin in "Rustin," which premiered Nov. 17 on Netflix after a brief run in theaters. Colman Domingo as Bayard Rustin exhorts young civil rights volunteers in a scene from "Rustin." Some of that patriotism may seem naïve now, but it furnished the civil rights movement with tremendous vitality.
Persons: Bayard Rustin, Clark, Rustin, Martin Luther, , Puddington, “ He’d, ” Puddington, “ Rustin, , Michelle Obama’s, “ Bayard Rustin, Michael G, George C, Wolfe, Colman Domingo, Martin Luther King Jr, ” Rustin, it’s, Malcolm X, Elijah Muhammad, Malcolm, Philip Randolph, Glynn Turman, Randolph, King, King —, Gandhi, ” Bayard Rustin, Donaldson, Michael Ochs, King he’s, Black, Omar Bradley, Parrish Lewis, Netflix Rustin, Ella Baker, Ying, Yang, Martin, Rebecca Solnit, “ Hope, ” Solnit, Bayard Rustin exhorts, David Lee, President’s, Obama’s, “ Bayard, Martin Luther King's, American Gandhi, Mr, Cathy Young, ” John Blake Organizations: CNN, Washington, Netflix, Rustin, Lincoln Memorial, Denver Post, of Prisons, Michael Ochs Archives, Getty, NBA, , Society, Freedom, Quaker Locations: Washington, Inside Ashland, , Islam, Vietnam, India, Pennsylvania's Lewisburg, American, America, Europe, New York City
“Most of us are fighting for the same things, fighting against the same things.”When Ms. Henry reads about grim news events, she finds herself turning to social media to process her thoughts — an impulse that has also built her following. Right after reading about the fall of Roe v. Wade, she made a TikTok, liked by more than 300,000 people, in which she cried while reading abortion stories aloud. “It’s sometimes easier to, well — not put pen to paper, but type out your feelings and articulate them that way,” Ms. Henry said. Even though they’ve never met you, you know they care about you.”That’s a familiar sentiment to an older generation of feminist writers, who also channeled their grief into blog posts that were funny, fervent and raw. Members of that generation also know that low points in feminist media can lead to unexpected new beginnings.
Persons: , Annie Wu Henry, John Fetterman’s, , Henry, Roe, Wade, ” Ms, they’ve, Rebecca Traister Organizations: John Fetterman’s U.S, Senate, New York Magazine
A.S. Byatt, one of the most ambitious writers of her generation, whose dazzling 1990 novel, “Possession,” won the Booker Prize and brought her international fame as a novelist and unapologetic intellectual, has died. Her longtime publisher, Chatto & Windus, announced the death in a statement on Friday, saying she had died at her home. Ms. Byatt was a brilliant critic and scholar who broke the academic mold by publishing 11 novels and six collections of short stories. “I am not an academic who happens to have written a novel,” she bristled in an interview with The New York Times Magazine in 1991. The mystery is set in motion when a young scholar discovers something extraordinary at the London Library in 1985: old love letters tucked inside a rare edition of Victorian poetry.
Persons: , Booker, Byatt, , Ms Organizations: Chatto & Windus, The New York Times Magazine, London Library
The money management giant is looking for a new Washington, DC-based head of US government affairs and public policy as well as a new head of state government affairs, wrote John Kelly, BlackRock's global head of corporate affairs, in a previously unreported company memo last week. The overhaul, which includes reshuffling positions and a renamed government affairs and public policy group, reflects the tremendous pressure BlackRock is under in the public eye. Reshaping the key policy groupA string of roles in the public policy group are changing to meet this new reality. The firm's public policy group has about 40 people, some 25 of whom are on Cound's team focused on international policy. Novick launched the firm's public policy efforts in 2009.
Persons: John Kelly, BlackRock's, Kelly, BlackRock, Larry Fink, Fink, Samantha DeZur, Joanna Cound, Rachel Barry, Kate Fulton, Bryan Wood, Barbara Novick, Rob Kapito, Susan Wagner, Novick, Sheila Kindig, Jim Badenhausen, Kindig Organizations: BlackRock, Business, Republican Party, Texas Republicans, Bloomberg Locations: BlackRock, Washington, DC, Florida , Texas , Louisiana, South Carolina
CNN —Emerald Fennell knew exactly what she was doing, dressing Jacob Elordi like that. Nice try.’”Jacob Elordi as the upper class Felix Catton in "Saltburn." “Saltburn” is a film in the British country house gothic tradition, complete with snobbish butler, black-tie dinners, calcified ways and repressed emotions. Alison Oliver as Venetia Catton, Jacob Elordi as her brother Felix, and Barry Keoghan as Oliver Quick in "Saltburn." Emerald Fennell directs Barry Keoghan and Jacob Elordi on location for "Saltburn."
Persons: Emerald Fennell, Jacob Elordi, Elordi, Elvis Presley, Sofia Coppola’s “ Priscilla, , , Felix, I’ve, ” Fennell, Jacob, , Nice, ’ ” Jacob Elordi, Felix Catton, Fennell, Part Dickie, Ripley, Sebastian, Oliver –, Barry Keoghan –, “ Rebecca, ” “ Jude the, Alison Oliver, Venetia Catton, Barry Keoghan, Oliver Quick, Chiabella James, Oliver, Felix’s, Richard E, Grant’s, Sir James, Rosamund Pike’s, Elspeth, There’s, Venetia, Farleigh, “ Barry, hasn’t, she’s, “ I’m, isn’t, Woman’s, there’s Organizations: CNN, , Oxford University, Oxford Locations: , Australian, British, wardrobes
Former Louisville police detective Brett Hankison poses for a booking photograph at Shelby County Detention Center in Shelbyville, Kentucky, U.S. September 23, 2020. Shelby County Detention Center/Handout via REUTERS/File Photo Acquire Licensing RightsNov 16 (Reuters) - The federal civil rights trial of a former Louisville, Kentucky, police officer charged in the 2020 death of Breonna Taylor, a Black woman whose killing fueled a wave of racial justice protests, was declared a mistrial on Thursday. U.S. District Judge Rebecca Grady Jennings declared the mistrial in the trial of Brett Hankison - charged with civil rights violations for allegedly using excessive force - after the jury told her they could not reach an unanimous verdict. Hankison was the only officer of the three who fired their weapons to face criminal charges. One of the other officers charged - Kelly Goodlett - pleaded guilty last year.
Persons: Brett Hankison, Breonna Taylor, Rebecca Grady Jennings, Hankison, Daniel Cameron, Taylor, George Floyd, Kelly Goodlett, Joshua Jaynes, Kyle Meany, Brad Brooks, Sandra Maler Organizations: Louisville, Detention, REUTERS, U.S, Department of Justice, Kentucky's, Police, Thomson Locations: Shelby, Shelbyville , Kentucky, U.S, Louisville , Kentucky, Kentucky, Minneapolis, Georgia, Longmont , Colorado
US professors suspended, probed over Gaza war comments
  + stars: | 2023-11-17 | by ( Andrew Hay | ) www.reuters.com   time to read: +2 min
Israel has vowed to annihilate the Hamas militant group that controls Gaza since its fighters killed 1,200 people and dragged away 240 hostages on a deadly rampage on Oct. 7. Since then, Israel has bombed much of Gaza to rubble, ordered the depopulation of the entire northern half of the enclave and made around two-thirds of Gazans homeless. The University of Southern California said on Friday economics professor John Strauss was teaching classes remotely until the end of the semester. "We cannot discuss the details of matters that are pending investigation," the university said in a statement on the incident. Reporting by Andrew Hay; editing by Donna Bryson and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.
Persons: Rebecca Lopez, Rebecca Zapien, Lopez, Zapien, Maha Nassar, John Strauss, Strauss, Andrew Hay, Donna Bryson, Rosalba O'Brien Organizations: University of Arizona, University of Southern, U.S, American, Black Panther Party, UA, The University of Southern, Los Angeles, Thomson Locations: University of Southern California, Gaza, Israel, The University of Southern California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFBI arrests three men in alleged multi-million dollar crypto laundering scheme: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Rebecca Rettig, the chief legal and policy officer at Polygon Labs, discusses advancements overseas and in the U.S. as it pertains to crypto regulation.
Persons: explainers, Rebecca Rettig Organizations: CNBC Crypto, CNBC, Polygon Labs Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's not too late for the U.S. to catch up on crypto regulation: Polygon Labs' Rebecca RettigRebecca Rettig, the chief legal and policy officer at Polygon Labs, sits down with CNBC Crypto World to discuss advancements overseas and in the U.S. as it pertains to crypto regulation.
Persons: Rebecca Rettig Rebecca Rettig Organizations: Labs, Polygon Labs, CNBC Locations: U.S
Brett Hankison was charged with violating the civil rights of Breonna Taylor, her boyfriend and her neighbors. Photo: Timothy D. Easley/Associated PressA federal jury failed to reach a verdict on civil-rights charges against a former Louisville, Ky., police officer involved in the 2020 botched raid that killed Breonna Taylor and fueled nationwide protests against racial injustice and policing. U.S. District Judge Rebecca Grady Jennings declared a mistrial in the case Thursday after the jury said it couldn’t reach a consensus following days of deliberation, according to the Justice Department. Brett Hankison , the former officer, was charged with violating the civil rights of Taylor, her boyfriend and her neighbors when prosecutors said he blindly fired 10 shots into her home. The federal charges carry a maximum penalty of life in prison.
Persons: Brett Hankison, Breonna Taylor, Timothy D, Rebecca Grady Jennings, Taylor Organizations: Easley, Associated Press, U.S, Justice Department Locations: Louisville, Ky
In 2019, the FDIC’s No. 2 legal official left a ranting, cursing voicemail for an employee criticizing her work. The federal bank regulator paid that employee a $100,000 settlement because of it, former officials said. The legal official kept his job. Last year, Chairman Martin Gruenberg promoted him to become the federal agency’s general counsel.
Persons: Martin Gruenberg
Auto strikes sink US manufacturing output in October
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +2 min
Manufacturing output fell 0.7% last month, the Federal Reserve said on Thursday. Excluding motor vehicles and parts, manufacturing production edged up 0.1%. Overall industrial production dropped 0.6% in October after edging up 0.1% in September. It is now eight-tenths of a percentage point below to its 1972–2022 average. The operating rate for the manufacturing sector slipped to 77.2% from 77.8% in the prior month and is one percentage point below its long-run average.
Persons: Rebecca Cook, Detroit's, Lucia Mutikani, Paul Simao Organizations: United Auto Workers, Ford Michigan Assembly Plant, Wayne , Michigan U.S, REUTERS, Rights, UAW, Federal Reserve, Reuters, General Motors, Ford, Chrysler, Utilities, Thomson Locations: Wayne , Michigan, U.S
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