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☆ Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
▼ + stars: | 2024-10-28 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia's capital Riyadh to attend the Future Investment Initiative (FII) forum. The kingdom's $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% to 2.87 trillion Saudi riyals ($765.2 billion) in 2023 — and local investment was a major driver. "Value meaning hiring, developing the asset management ecosystem, creating new products, bringing in talent, and investing in Saudi capital markets also. Oil prices and the Saudi economy appear to so far have stayed largely unscathed, dropping 4% early Monday after Israel's weekend strike on Iran. A key reason for that may be the rapprochement deal the kingdom signed with Iran, brokered by China, in March 2023.watch now

Persons: Nureldine, it's, Omar Yacoub, Yacoub, Fadi Arbid, Brent, Arbid, Yemen's, Israel Organizations: King Abdulaziz Conference Centre, Future Investment Initiative, Afp, Getty, Investment Initiative, CNBC, U.S, ABS Global, Public Investment Fund, Saudi, Saudi Arabia's, Amwal Capital Partners, OPEC, Eastern, Ritz, Carlton, Israel Locations: Saudi Arabia's, Riyadh, Saudi, Saudi Arabia, —, Dubai, Carlton Riyadh, Gaza, Israel, Lebanon, Iran, Tel Aviv, China

☆ Israel has banned the UN agency for Palestinian refugees. That could be devastating for millions
▼ + stars: | 2024-10-28 | by ( Nadeen Ebrahim | Salma Arafa | ) edition.cnn.com time to read: +10 min

CNN —Israel’s parliament has voted to ban a nearly eight-decade-old United Nations agency that provides essential services for Palestinian refugees, a move that could have devastating consequences for millions of Palestinians living under Israeli occupation. The move is expected to severely restrict the UN Relief and Works Agency for Palestine Refugees (UNRWA) from operating in territories Israel occupies. In the Gaza Strip, which has been ravaged by a devastating Israeli war for more than a year, UNRWA serves some 1.7 million Palestinian refugees. Omar Al-Qattaa/AFP/Getty ImagesThe agency provides a wide range of aid and services to Palestinian refugees and their descendants, including shelter, healthcare, food and education. It is unclear who would assume assistance for the millions of Palestinian refugees who rely on UNRWA, if it wasn’t able to.

Persons: CNN —, Boaz, Yuli Edelstein, Israel, Antony Blinken, ’, Asma, Omar Al, ”, ” Yulia Malinovsky, Ilia Yefimovich, “, António Guterres, Benjamin Netanyahu, ” Guterres, Guterres, Aida Touma, Suleiman, ” Touma, United Kingdom –, Lloyd Austin, Biden Organizations: CNN, United Nations, UNRWA, UN Relief and Works Agency for Palestine Refugees, Likud, US State Department, UN, Hamas, Israel, West Bank, Getty, Commission, Refugees, UNRWA …, Palestinian, World Health Organization, WHO, UNHCR, US Locations: Israel, Israel …, Gaza, United States, ”, Jordan, Lebanon, Syria, East Jerusalem, Gaza City, AFP, New York, Geneva, Brussels, UNHCR, Jerusalem, El Far’a, Palestinian Territory, Crescent, Israeli, Arab, Canada, Australia, France, Germany, Japan, South Korea, United Kingdom

For years, Republican activists have huddled in video meetings to talk about remaking democracy and plan for the election. They successfully lobbied for new state election laws and procedures, diving deep into the intricacies of election regulations. Earlier this year, Ms. Mitchell said she was called by God to shift her attention to the possibility that noncitizens were voting. They were involved in recent attempts to make it easier for State Election Board members to hold up certification while they conduct inquiries into the vote. Ms. Mitchell has talked about a federal elections overhaul should Republicans win the White House and Congress.

Persons: Donald J, Cleta Mitchell, Rebecca Dunn, Richard Uihlein, —, Mark Meadows, Russell T, Trump, Mitchell, Trump’s, John Eastman, I’ve, Donald Trump, badgered, illegals ”, ”, ” Ms, “, ” Patrice Johnson, Mike Johnson, Chip Roy, Ron Armstrong, Richard Silvestri, Matthew Seifried, Seifried, Claire Zunk, Janine Iyer, Elizabeth Ayoub, “ Janine, Johnson, Ned Jones, John Richards Jr, don’t, Jim Womack, Mr, Jones, I’m, we’ve Organizations: Republican, The New York Times, Trump, Network, Republican National Committee, Bradley Impact Foundation, Conservative Partnership Institute, Trump White House, Citizens, Gateway Pundit, Federalist, Republicans, United States, Tea Party, Michigan, Mr, Republican Party, Michigan Fair, North, United Sovereign Americans, American Legislative Exchange Council, White House Locations: America, In Nevada, Georgia, Texas, United, Michigan, Ron Armstrong , Michigan, chimed, Trump, Georgia , Michigan, Nevada, North Carolina

It’s scary as hell.”A kerfuffle between the city’s Democratic leadership and the Harris campaign could complicate the outcome. “They [the Harris campaign] didn’t give us enough,” Brady said. A bunch of Harris signs were found strewn in a ditch in Montgomery County. In the last week, the Harris campaign says that it has knocked on 235,000 doors in the suburban counties alone. The Trump campaign official said that the campaign has opened a total of four offices in the suburbs.

Persons: Harris, Trump, fryer, Harris ’, Bob Brady, Biden, Harris won’t, Brady, “ I’ve, He’s, ”, ” Brady, Walz, “ Trump, Casey, Sen, Bob Casey, they’ll, Hoeffel, there’s, Neil Makhija, he’s, who’ve, Josh Maxwell, Chester County’s, ” Maxwell, Ricky Carioti Organizations: Trump, Bucks, CNN, Democratic, Democratic Party, Philadelphia Democrats, Pennsylvania Democrat, Washington, Getty Locations: Bucks County, Delaware County, Pennsylvania, Philadelphia, Philly, Wayne, Italian, Montgomery County, Florida

☆ Former Bolivian president says his car was hit by gunfire in attempted assassination
▼ + stars: | 2024-10-27 | by ( Mitchell Mccluskey | Gerardo Lemos | ) edition.cnn.com time to read: +4 min

CNN —Bolivia’s former president Evo Morales said his car was fired on in what he claimed was an “assassination attempt” amid simmering political tensions in the South American country. Morales posted to his Instagram profile a statement from his party, Movement Towards Socialism (MAS), blaming the attack on current Bolivian President Luis Arce and two of his government ministers. Throughout the past year, Morales has clashed with sitting president Arce – his fellow MAS party member and former ally – as both politicians battle for reelection in 2025. The blockades were established after the government announced a judicial investigation into the former president over an alleged case of human trafficking. Morales denies having committed any crime and attributed the investigation to political persecution by Arce.

Persons: CNN —, Evo Morales, Morales, Luis Arce, Arce, Roberto Rios, ”, Bolivia’s, Arce –, –, Morales ’, Gen, Juan Jose Zúñiga Organizations: CNN, Facebook, Bolivian, Agencia Boliviana, MAS Locations: Bolivian, Cochabamba, Mexico, Argentina, Chapare, Bolivia

As President Joe Biden fought to remain in the presidential race this summer, advisers often argued there existed a “Biden coalition” — a cohort only the incumbent could hold together. A coalition of labor groups targeting union members in battleground states is pointing to Biden’s term in office. Coons noted the vice president has campaigned in Pennsylvania’s biggest cities, but also in places like Wilkes-Barre, Johnstown and Erie to reach the kinds of voters Biden has long considered his base. And for some voters whom Biden won in 2020, the message has shifted away from being about him. The union has held rallies and other organizing events there and in Michigan, Wisconsin and Nevada targeting its own and other union members.

Persons: Joe Biden, ”, Kamala Harris, Donald Trump, Sen, Bernie Sanders, Trump, Biden, Tim Walz, Harris ’, Biden’s, Walz, ” Walz, Chris Coons, “ Kamala Harris, Harris, Coons, ” Coons, ” Harris, …, Randi Weingarten, ” Weingarten, aren’t, “, we’ve, “ We’ve, ’, Harris —, Sanders, Harris “, Shawn Fain, Lisa Blunt Rochester, “ Biden, Harris’s, Andrew Bates Organizations: Biden, Democratic, Harris, Major League Baseball, American Federation of Teachers, Task Force, Organizing, Empowerment, Trump, Republican, Culinary, United Auto Workers Locations: Pennsylvania, Minnesota, Scranton , Pennsylvania, Arizona, Lansing , Michigan, Pennsylvania’s, Wilkes, Barre , Johnstown, Erie, Scranton, Scranton that’s, New Hampshire, Nevada, Michigan, Pittsburgh, LIUNA, Michigan , Wisconsin, Wisconsin, Delaware

“Kamala is weak, dishonest, and dangerously liberal, and that’s why the American people will reject her on November 5th.”The Harris campaign declined to comment for this article. “Well, I’m clearly a woman,” Harris told NBC News in her interview Tuesday. Before becoming vice president, Harris was elected three times statewide in California, first as attorney general and then as a U.S. senator. Polling shows younger Black men, while still backing Harris overall, have shown historic interest in the Republican candidate this election cycle. “She’s not concerned about being the first,” the Harris campaign official said.

Persons: Kamala Harris, Harris isn’t, Donald Trump, Harris, Trump, —, Anne Landers, Ruby Smalls, Jean Carroll, “, — Kamala, Joe Biden’s, ” Trump, Karoline Leavitt, “ Kamala, ”, Hillary Clinton, she’d, ” Harris, ” Carol Moseley Braun, ” Moseley Braun, …, she’s, Joe Biden, they’re, Clinton, Israel Anta, Zuma, Patricia Kipp, Tyler Hammond, Taylor Hammond, Sen, JD Vance, Ohio, Neil Rubin, Lara Trump, “ Y’all, ” Lara Trump, Brandon S, “ Trump, he’d, ” Sharmen, ‘, Barack Obama, Obama, I’m, I’ve, Kalid Meky, Meky, Tim Walz, Walz, Doug Emhoff, Tim, James Brown, Harris ’, Jennifer Lawless, ” Lawless, “ Harris, ” Clinton, “ She’s Organizations: NBC News, Trump, NBC, Democratic National Convention, Democratic, Republican, Minnesota Gov, University of Virginia, Center for American Women Locations: McDonald’s, Reno , Nevada, Decatur , Georgia, Savannah , Georgia, U.S, Illinois, California, San Francisco, Trump's, Fayetteville, N.C, Prescott , Arizona, Peoria , Arizona, Charlotte , North Carolina, North Korea, Pennsylvania, Michigan, Wisconsin, Ukraine, Pittsburgh, Vegas, Minnesota, United States of America, United States

☆ Bolt CEO changes RTO policy to 'stop the insanity of people working remotely from places like Bali.' Read the memo.
▼ + stars: | 2024-10-25 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +8 min

The CEO of European ride-hailing app Bolt is mandating workers return to the office 12 days a month. AdvertisementThe CEO of European mobility app Bolt didn't mince words earlier this month when calling workers back to the office. "We will stop the insanity of people working remotely from places like Bali," he said. "We believe that in-person collaboration drives innovation and performance, and our existing policy advises employees to work from a Bolt office for 2-3 days a week," a Bolt spokesperson said. "Starting from 1 January, this policy will be formalised with employees being asked to work from a Bolt office 12 days per month.

Persons: Markus Villig, Bolt, —, Villig, Elon Musk, flexibly, it'd, Read Organizations: Service, Business, Apple, Amazon, Sequoia Capital, Fidelity Management, Team, – Locations: Bali, Tallinn, Estonia, – Tallinn

☆ Election workers prepare to handle ‘concerning list’ of poll watchers who could disrupt the vote
▼ + stars: | 2024-10-25 | by ( Sara Murray | Jeremy Herb | ) edition.cnn.com time to read: +13 min

After they were reminded repeatedly about the rules against making meritless ballot challenges, the groups of poll watchers “turned disruptive,” according to Glendale Mayor Bryan Kennedy. For the vast majority of Americans, it’s pretty smooth.”Across the country, election officials are also vowing voters will be able to safely cast their ballots. This year’s crop of election observers is set to include people who have denied Trump’s 2020 election loss. Hilby stressed that it’s often important for poll watchers to understand what they’re seeing. “The best way to combat it is to just be as transparent as possible, and election officials really are committed to doing that.

Persons: “, Glendale Mayor Bryan Kennedy, ” Kennedy, –, Trump, Joe Biden –, Justin Levitt, ” Levitt, ”, Kennedy, Mark Amick, William Bradley Carver, Carver, Salleigh Grubbs, CNN “, Stephanie Jackson Ali, Grubbs, ” Danielle Alvarez, ” Alvarez, Amick, Michael Whatley, you’re, Cleta Mitchell, who’ve, ” Dana Remus, Kamala Harris, Monica Guardiola, Elena Hilby, Hilby, Sun, ” Hilby, “ We’re, – it’s, ” Amy Cohen, ” Cohen, Lisa Deeley, ” Deeley, we’ve, they’re, Dana Nessel, ” Nessel, “ You’re, ” Jackson Ali Organizations: CNN, Glendale Mayor, Republicans, Loyola Law School, Biden White, Milwaukee Journal Sentinel, Republican Party, Trump, Republican, New, ”, Trump Campaign, RNC, White, Republican National Committee, ” Conservative, Network, “, Association, National Association of State, Democrat, Philadelphia City Commissioners Locations: Wisconsin, Glendale, Milwaukee, battlegrounds, Georgia, Cobb County, New Georgia, Sun Prairie, Philadelphia, ”, Michigan

☆ Foreign firms setting up offices in India is the key driver for demand: Embassy REIT
▼ + stars: | 2024-10-25 | 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 EmailForeign firms setting up offices in India is the key driver for demand: Embassy REITAravind Maiya of Embassy REIT says the company is on track for a record year in terms of absorption rates in the commercial real estate market with many companies looking to establish their Global Capability Centers in India.

Persons: REIT Organizations: Global, Centers Locations: India

☆ BRICS' new declaration shows Russia's war still can't get the international backing that Moscow wants
▼ + stars: | 2024-10-24 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

BRICS' Kazan Declaration on Wednesday contained 134 points — and only one discussed the Ukraine war. It shows that Russia still has trouble getting friendly countries on board with the war, per the ISW. AdvertisementOver two dozen world leaders at this year's BRICS summit ended Wednesday's talks with the Kazan Declaration, a 134-point summary of their agreements. "The Kazan Declaration notably only mentioned Russia's war in Ukraine once," the Washington-based think tank wrote. The declaration "demonstrated that Russia has not yet secured the international support nor created the alternative security structure that the Kremlin desires," ISW added.

Persons: BRICS, —, Vladimir Putin, ISW, Huileng Tan, Putin Organizations: UN, Service, United Nations, Kyiv, South Sudanese, Mastercard Locations: Kazan, Ukraine, Russia, China, Washington, Nazi, Moscow, Brazil, India, Syria, Tel, Lebanon, Gaza, Republic, Tatarstan

Michael Flynn speaking at a ReAwaken America Tour event in Manheim, Pennsylvania on October 21, 2022. But he is suing the ReAwaken America Tour and The America Project as part of separate defamation lawsuits. Funding a sham 2020 election auditFlynn’s efforts to cast doubt on the 2020 election results were only getting started when Trump left office. Clay Clark on stage at the final stop of the ReAwaken America Tour event 17 days before the 2024 election. ‘Don’t just finish on Election Day’Consequences have mounted for others who echoed Trump election lies during and after the election.

Persons: Donald Trump’s, Michael Flynn, Flynn, Eric Coomer, Coomer, ” Flynn, “, Chris Cuomo, Alex Jones ’, Rod, Trump, ”, Katy, ” Flynn –, –, MAGA, ‘, they’ve, Mark Peterson, Joseph, Mike Flynn, he’s, Olivia Troye, Mike Pence, Troye, ” Troye, Kamala Harris, Dominion —, “ Eric Coomer, Joshua Steinman, Sidney Powell, Rudy Giuliani, Josh, ” Powell, Joe Biden, Steinman, Guy, Michael Lindell, Patrick Byrne, they’re, Christopher Demspey, William Barr, Dominion, Powell, Donald, Tayfun, Jamie Raskin, ” Raskin, Joseph Flynn, Overstock.com, Byrne, Dempsey, ” Joseph Flynn, Michael Flynn’s, Joe Biden’s, Biden, Matt York, Doug Logan, Logan, won’t, Clay Clark, Clark, Carrie Schreck, Joe Oltmann, Oltmann, Eric ”, ‘ Don’t, Powell –, Jenna Ellis, Giuliani, retakes, Flynn’s, Elon Musk, We’ve Organizations: CNN, Dominion Voting Systems, Dominion, ReAwaken, Trump, Iron Ministries, Defense Intelligence Agency, Fox News, America, National Security Council, White, Lindell, ReAwaken America, The America, TAP, National, FBI, Justice Department, Department of Homeland, Defense, Capitol, Washington DC, Anadolu Agency, Getty, Democrat, Coomer, America Project, Veterans Memorial Coliseum, Colorado podcaster, Republican National Committee, Elon Locations: ReAwaken America, Pennsylvania, Manheim , Pennsylvania, Afghanistan, Russian, Washington, Arizona, Maricopa, Florida, Phoenix, Georgia, Oklahoma, Tulsa, ”, Fulton County, Georgia, New York, America, Selma , North Carolina

☆ Tropical Storm Trami brings severe flooding and landslides to the Philippines, at least two dozen dead
▼ + stars: | 2024-10-24 | by ( Story The Associated Press | ) edition.cnn.com time to read: +3 min

Manila, Philippines AP —Widespread flooding and landslides set off by a tropical storm in the northeastern Philippines on Thursday left at least 24 people dead, swept away cars and prompted authorities to scramble for motorboats to rescue trapped villagers, some on roofs. The government shut down schools and offices – except those urgently needed for disaster response – for the second day on the entire main island of Luzon to protect millions of people after Tropical Storm Trami slammed into the country’s northeastern province of Isabela after midnight. A resident swims despite the strong waves caused by Tropical Storm Trami in Manila, Philippines, on October 23, 2024. Aaron Favila/APTrucks are stranded along a flooded highway in Nabua town, Camarines Sur province, south of Manila, Philippines, on October 23, 2024. In 2013, Typhoon Haiyan, one of the strongest recorded tropical cyclones in the world, left more than 7,300 people dead or missing and flattened entire villages.

Persons: Storm Trami, Kristine, Aaron Favila, Charism Sayat, Trami, Andre Dizon, Dizon, ” Dizon, Haiyan Organizations: Philippines AP, China, Getty, Tropical, Associated Press Locations: Manila, Philippines, Luzon, Isabela, Aguinaldo, Ifugao, Bicol, Quezon province, Nabua, Camarines Sur province, AFP, Guinobatan, Albay, Naga, mudflows, Mayon

This article is part of “Dealing the Dead,” a series investigating the use of unclaimed bodies for medical research. Two members of Congress are pressing officials for answers after NBC News exposed failures to notify relatives of dead people whose bodies were used for medical research. The Dallas and Tarrant medical examiner’s offices did not immediately respond to requests for comment. The Health Science Center declined to comment. In response to the investigation, a Texas state lawmaker has vowed to ban the use of unclaimed bodies for research.

Persons: Jasmine Crockett, Marc Veasey, —, Crockett, Veasey, ”, Tarrant, Victor Honey, Honey’s, ” Crockett Organizations: NBC, NBC News, University of North Texas Health Science Center, Army, Reps, Health Science Center, Dallas County Medical, “, Dallas, Health Science Locations: Texas, Dallas, Tarrant, Tarrant County

☆ Here’s why China has been testing its autonomous car technology in the U.S. for years
▼ + stars: | 2024-10-23 | by ( Magdalena Petrova | ) www.cnbc.com time to read: +3 min

Chinese companies are aggressively developing autonomous vehicles. In August, China announced that it had issued 16,000 test licenses for driverless cars and opened up about 20,000 miles of roads nationwide for autonomous vehicle testing. But Chinese autonomous vehicle companies have also quietly been testing their technology on U.S. streets. Michael Dunne, CEO and founder of consulting firm Dunne Insights, told CNBC that China had "carte blanche" when it comes to testing AVs in California. Missy Cummings, a former senior safety advisor to the National Highway Traffic Safety Administration, told CNBC the ban was a good start.

Persons: Didi, WeRide, Michael Dunne, Dunne, Let's, Missy Cummings, Cummings, Marc Veasey, Biden Organizations: Baidu, California Department of Motor Vehicles, CNBC, Apple, U.S, National, Traffic Safety Administration Locations: China, California, Silicon, Texas, U.S, California , Nevada, Utah, United States

☆ Trump ignites spat with US ally, accusing UK’s governing party of election interference
▼ + stars: | 2024-10-23 | by ( Rob Picheta | ) edition.cnn.com time to read: +6 min

But the Trump campaign did not present any new evidence that rules were broken. Labour, and the party’s Prime Minister Keir Starmer, quickly denied that the party funded the trips, insisting the campaigners traveled in a personal capacity at their own expense. But the Trump campaign elevated the dispute in heightened language on Wednesday. Trump has frequently attempted to deflect allegations that he has benefited from foreign electoral interference from countries including Russia. Starmer’s center-left Labour Party swept to power in Britain in a July general election, and has long held an informal but friendly relationship with the Democratic Party.

Persons: London CNN — Donald Trump’s, Kamala Harris ’, Washington’s, Harris, Trump, Keir Starmer, Starmer, “, they’re, Susie Wiles, ”, Kamala’s, ” Trump, Sofia Patel, Walz, Liz Truss, Joe Biden, ” Joe Biden, ” Starmer Organizations: London CNN, Federal, Commission, UK’s Labour Party, Labour Party, Labour, party’s, FEC, Trump, Labour Party staff, CNN, Democratic National Convention, DNC, Labour Party –, Trump . Former British, Democratic Party, United Nations General Assembly Locations: North Carolina , Nevada , Pennsylvania, Virginia, North Carolina, –, Russia, Starmer’s, Britain, New York

☆ 'Generational opportunity': Invest in real estate as stock and bond returns shrink, according to $3.5 trillion JPMorgan Asset Management
▼ + stars: | 2024-10-23 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

However, real estate — specifically the commercial side — may be poised to take off. "This is absolutely the largest generational opportunity to invest in real estate in a long time," Issar said at the conference. "This is a time for investors to step in, move into attractive pricing, move into asset classes like non-core real estate." Investors can bet on a commercial real estate rebound by working with JPMAM's team, or on their own through publicly traded real estate investment trusts (REITs). "That is the modernization of the new direct real estate that is going to be really attractive for investors in the future."

Persons: Goldman Sachs, —, Goldman Sachs Goldman Sachs, they're, That's, David Kelly, what's, JPMAM, Kelly, David Lebovitz, Monica Issar, Issar Organizations: JPMorgan Asset Management, Service, Asset Management, Management, JPMorgan Private

☆ Can you spot the celebrity 'deepfakes' in a new ad warning against election disinfo?
▼ + stars: | 2024-10-22 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +6 min

“If something seems off, it probably is,” Dawson warns in the video spot, shared exclusively with NBC News. At the end, the video reveals that some of the Hollywood stars are mere deepfakes, with their voices and images superimposed on other actors. tools could make it easier to confuse and deceive voters with video and audio that looks and sounds plausible, experts say. represent UsThe campaign does not attempt to tackle or fact-check the flood of false information circulating this election cycle, from candidates, commentators, deepfakes or other means. Instead, it focuses on verifiable, concrete details about when, where and how Americans can cast ballots on Election Day, Lynn said.

Persons: Rosario Dawson, ” Dawson, Chris Rock, Laura Dern, Michael Douglas, Amy Schumer, Jonathan Scott, We’re, ”, Miles Taylor, Joe Biden’s, Democratic Sen, Ben Cardin, Michael Douglas –, Taylor, Trump, Joshua Graham Lynn, RepresentUs, ” Lynn, it’s, Kathy Boockvar, Lynn, Dawson, Donald Trump Organizations: Hollywood, NBC News, YouTube, New Hampshire Democratic, Senate Foreign Relations Committee, Democratic, U.S, Department of Homeland Security, College, Trump Locations: Ben Cardin of Maryland, Pennsylvania, Wisconsin, Iran

☆ Inside the efforts to reach young Black men who might stay home instead of voting
▼ + stars: | 2024-10-22 | by ( Arit John | ) edition.cnn.com time to read: +8 min

Philadelphia CNN —Dozens of Black motorcyclists drove through north and west Philadelphia over the weekend with a simple message for Black men: Go vote. Younger Black men have received increased attention from the Harris campaign in recent days. Since January, Black Men Vote has been reaching out to its target audience in Michigan, Wisconsin and Pennsylvania, where the group says it has registered more than 100,000 Black men to vote. Black Men Vote has also partnered with barbers, who they’ve trained as voting ambassadors to talk to clients about civic engagement. Ninety-two percent of Black voters in the state backed the president, including 89% of Black men and 94% of Black women, according to CNN exit polls.

Persons: –, ’ ”, Mark Kelly Tyler, Kamala Harris ’, isn’t, Donald Trump’s, Harris, Tyjuan Harris, Al Gore, hadn’t, “, ” Harris, “ America’s, ” Joe Paul, they’ve, Paul, Barack Obama, Kamala Harris, she’s, ”, Joe Biden, Biden, Trump, Hillary, surrogates, Jazzy Jeff, Omar Sabir Organizations: Philadelphia CNN, Black, Black Riders, Mother, Mother Bethel AME Church, Republicans, Custom Creations, CNN, Trump, Pennsylvania, Philadelphia Locations: Philadelphia, Mother Bethel, Pittsburgh, West, America, Michigan , Wisconsin, Pennsylvania, Black, Germantown, Philadelphia County

☆ The next big career track at business schools: Family offices
▼ + stars: | 2024-10-21 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

Last week, the University of Chicago Booth School of Business launched the Booth Family Office Initiative, a combination of research programs, courses and summits aimed at current and future family office executives. Business schools at Harvard, Columbia, Northwestern, Pepperdine and other universities have started offering courses aimed at family offices or family-owned companies. For family offices, the programs can help train the next generation of family office leaders at a time when talent is scarce and family offices are battling for experienced investors, accountants, lawyers and estate planners. The number of family offices has grown to more than 8,000 from about 6,000 in 2019, according to Deloitte. As more wealthy alumni launch family offices or work for one, they're becoming an important pipeline of donors and funding.

Persons: Robert Frank, Booth, Paul Carbone Organizations: University of Chicago Booth School of Business, Pritzker Private Capital, Family, Business, Harvard, Pepperdine, Wharton School, University of Pennsylvania, CCC Alliance, Wharton, Family Alliance, Deloitte Locations: Columbia, Northwestern

☆ Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
▼ + stars: | 2024-10-21 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock's worst daily performance in nearly three years — CEO Peter Rawlinson told CNBC. It also should alleviate worries that the company would issue a "going concern" disclosure regarding its operations, he said. As a Nasdaq company, we have to avoid a going concern. And a going concern is issued within 12 months of your financial runway," Rawlinson said Monday from the company's newly opened offices in suburban Detroit. That included more than $4 billion in cash, cash equivalents and investment balances.

Persons: Peter Rawlinson, Rawlinson, We'd, Lucid, Morgan Stanley, Adam Jonas Organizations: Lucid, Nasdaq, Lucid Motors, Churchill Capital Corp, DETROIT —, Lucid Group, CNBC, Saudi, Public Investment Fund Locations: New York City , New York, Detroit

☆ Honeywell signs deal with Google to bring Gemini generative AI to industrial sector
▼ + stars: | 2024-10-21 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

"Everyone has that problem in industrials," he said at the recent CNBC Evolve AI Opportunity event. The Google AI will offer images, videos, text and sensor readings to engineers. According to Honeywell data, 82% of companies in the industrial sector that consider themselves AI leaders are behind on adoption, with only 17% having fully launched initial AI plans. Siemens and Microsoft announced a gen AI deal for the industrial sector late last year, which included an AI copilot for use across industries. "Awareness is high, adoption is low, but there will be an inflection point," he said at the recent CNBC AI event.

Persons: Rick Osterloh, Vimal Kapur, Kapur, Suresh Venkatarayalu, Carrie Tharp, Delangue Organizations: Devices, Google, Honeywell, CNBC, Honeywell Forge, Workers, Companies, Gemini, Amazon, Nvidia, Siemens, Microsoft Locations: Mountain View , California, industrials

☆ Knicks fans are starting to believe again in a team built by ‘smart dorks’
▼ + stars: | 2024-10-21 | by ( James L. Edwards Iii | ) www.nytimes.com time to read: +16 min

AdvertisementNew York fans love their basketball team, especially their rookies. Knicks fans have spent the last 20-plus years loving something that hasn’t always loved them back. Even in the most exciting stretches of D’Angelo’s life as a Knicks fan, nothing ever quite felt like this. “Everyone who is a Knicks fan with gray hairs remembers that Charles Smith was fouled in that game against the Bulls,” Converse said. No matter what happens this season, Converse and his boys are ready for this ride.

Persons: Jalen Brunson, Patrick Ewing, LaMelo, Kemba Walker, Tyler Kolek, they’ve, hasn’t, Mike Breen, Jason D’Angelo, Barry Dworkin, Breen, ” D’Angelo, ” Jason D’Angelo, D’Angelo, he’d, Michael Jordan, ”, …, Scottie Pippen, Hubert Davis, Jordan, Charles Oakley, Marcus Camby, John Starks, Pat Riley, “ Camby, P.J, Carlesimo, Ewing, James Dolan, “, Dolan, Isiah Thomas, Phil Jackson, Frank Ntilikina, he’s, Leon Rose, Brock Aller, Karl, Anthony Towns, Barry, “ It’s, Ray McConville, ” McConville, McConville, ” Ray McConville, Larry Brown, —, LeBron James, James, Amar’e Stoudemire, Stoudemire, Carmelo Anthony —, James ’, They’ve, don’t, Floyd Converse, Converse, it’s, ” Converse, Matthew, James Harden, “ I’m, Donte DiVincenzo, I’m, Charles Smith, Yorkers, He’s, Meech Robinson, Andrew D, Bernstein Nathaniel S, Butler, Jeyhoun Allebaugh, Jeff Zelevansky, Nathaniel S, Sarah Stier, Theo Wargo Organizations: Charlotte Hornets, Eighth, City’s Spectrum, NBA, Knicks, Eastern Conference, WFAN, Nissan Pulsar, TLC, Bulls, of Famer, Chicago, Toronto Raptors, Golden State Warriors, Latrell, San Antonio Spurs, Eastern, Staten, “, Yorker, Spurs, Indiana Pacers, “ Knicks, New York, Yorkers, Miami Heat, York, Denver Nuggets, Celtics, New York Yankees, Madison, Garden, Houston Rockets, Rockets, Converse, Donte Locations: Manhattan, York, New York, New, Seattle, Madison, Mecca, ”, Westchester County, Converse, Chicago

☆ Big banks are bracing for losses as Americans struggle to pay off debt
▼ + stars: | 2024-10-21 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

American consumers and businesses are having a hard time paying off credit card, auto, and commercial real estate debt. Bank CEOs said on recent earnings calls that elevated prices and interest rates continue to weigh on Americans. According to Federal Reserve data, the past-due debt share for credit card, auto, and commercial real estate has recently risen to above pre-pandemic levels. That's because some loans are coming due — forcing businesses to refinance at much higher interest rates. The financial roller coaster of pandemic payments, whipsawing inflation, and high interest rates are especially affecting lower-income Americans.

Persons: —, Wells Fargo's, haven't, Bruce McClary, David Schiff, Schiff, Edmunds, Stephen Biggar, Biggar, Jane Fraser, Brian Moynihan, Charles Scharf, Wells, Jeremy Barnum, There's, I'm Organizations: Bank, Service, Federal Reserve, Business, Bank of America, JPMorgan, Citigroup, Bank of, New, Fed, National Foundation, Credit, Argus Research, Bank of America's Locations: Wells Fargo, delinquencies

☆ Yankees, Dodgers to square off in World Series: 5 storylines to watch
▼ + stars: | 2024-10-20 | by ( Marc Carig | Tyler Kepner | ) www.nytimes.com time to read: +8 min

For the first time in 43 years, two of baseball’s bluebloods are squaring off in the World Series. Finally, it will happen with Aaron Judge and Shohei Ohtani making their respective World Series debuts against one another. Of course, baseball’s postseason is often defined by upsets, and not since 2013 has the World Series featured a matchup of each league’s top team. The Juan Soto ShowcaseThe World Series begins Friday, which is Juan Soto’s 26th birthday. When the Yankees eliminated the Guardians on Saturday night, the last three clubs standing — the Dodgers, Yankees and Mets — were also one-two-three in payroll when the season began.

Persons: Shohei Ohtani, Aaron Judge, Shohei, Nick Cammett, Ohtani, Judge, he’s, Aaron Boone, Dave Roberts, Roberts ’, Roberts, Boone, Clay Holmes, Jason Miller, —, Anthony Volpe, Jazz Chisholm, Giancarlo Stanton, Juan Soto, Juan Soto’s, Soto, Tim Britton, there’s, Steve Cohen, Rustin Dodd, Sean M Organizations: Los Angeles Dodgers, New York Mets, National League, American League, New York Yankees, Los Angeles Angels, Dodgers, Yankees, Baseball, NL, Mets, MLB, Kansas City Royals, East Locations: Los Angeles, pinstripes, Los Angeles and New York, Ohtani

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