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The conservative shift comes as streamers try to make every dollar count but face cultural hurdles. The Prime Video series will be the first to come out of Amazon's deal with The Wonder Project, a Christian-focused production company for faith-based films and TV shows. In this newly conservative greenlighting era, buyers are looking around for sure things and pockets of audiences where there's opportunity. "Conservative, faith-based, family, is not a bad place to look," Thompson said. AdvertisementStudios and streamers want to serve rural America but are reluctant to touch something they consider too religious or conservative.
Persons: David, Vernon Sanders, Donald Trump's, Jennifer Salke, Nick Barnes, UTA's, Kevin Costner, Bob Iger, Tyler Perry, DeVon Franklin, Ruth, Boaz, Mary, Anthony Hopkins, Tim McGraw, Jim Caviezel, Jesus, Dallas Jenkins, Jon Erwin, UTA's Barnes, Dennis Quaid, Reagan, Matt Walsh's, Jesus of Nazareth, Angel, Robert Thompson, Thompson, Hilary Swank, Jamie McCarthy, That's, Jason Blum, Taylor Sheridan, Barnes Organizations: Netflix, Amazon MGM Studios, Paramount, Heartland, Angel, Angel Studios, Wonder, Networks, Cable, Syracuse University's Newhouse School of Public Communications, Center for Television, Popular, Conservative, York, Kingdom, Co, Lionsgate, UTA, Ampere Locations: Hollywood, UTA's Nashville, Los Angeles, American, California, America, Yellowstone, Georgia , Texas, Tennessee
View of the central business district skyline at sunset in Beijing, China. Asia-Pacific stocks were set to open mixed Monday as markets kickstart what ING calls a "quiet" week for economic data from the region. Key data this week from the region will include China's loan prime rate announcement, set for Wednesday. ING said no change is expected in China's LPR, with the one-year rate currently at 3.1% and the five-year LPR at 3.6%. Japan will release trade data on Tuesday and October headline inflation numbers on Friday, while Australia's central bank on Tuesday will release minutes of its meeting earlier this month..
Organizations: ING, Wednesday Locations: Beijing, China, Asia, Pacific, China's LPR, Japan
Jonathan Majors and Meagan Good are engaged
  + stars: | 2024-11-18 | by ( Amarachi Orie | ) edition.cnn.com   time to read: +2 min
CNN —Jonathan Majors and Meagan Good have announced their engagement at the same annual event where they met two years ago. Wearing a sparkly gold dress, Good flashed her engagement ring on the green carpet of the 2024 EBONY Power 100 Gala in Los Angeles on Sunday. “Life is crazy—I’m crying to you—she is the most perfect, beautiful, divine (and) powerful being that I’ve ever met,” Majors told EBONY magazine. The acting duo shared the news at the event, which celebrates Black talent and leaders from across the world, because that “is the event that we met at in the bathrooms,” Good told E! Good, who stars in the Prime Video comedy series “Harlem,” was seen supporting Majors throughout the legal case, attending court with her partner.
Persons: Jonathan Majors, Meagan, I’ve, ” Majors, EBONY, I’m, Good, Creed III, , Tom Ortenberg, DeVon Franklin Organizations: CNN, Briarcliff Entertainment Locations: Los Angeles, Hollywood
CNN —United States envoy Amos Hochstein is due to visit Beirut “imminently” after Lebanon responded “positively” to a US-backed proposal to stop the Israel-Hezbollah war, Lebanese Prime Minister Najib Mikati said on Monday. US ambassador to Lebanon Lisa Johnson relayed the proposal to the Lebanese government via Nabih Berri, the parliament speaker, on Thursday night, a Lebanese official told CNN earlier. According to the official, Hezbollah reviewed the proposal and submitted their response to Lebanese authorities on Sunday evening. The Israeli source added that Hochstein has not yet confirmed when he will arrive in the region. Another Lebanese source familiar with the ceasefire talks told CNN earlier that President-elect Trump has endorsed Hochstein’s ceasefire negotiations track, increasing the chances of its success.
Persons: Amos Hochstein, imminently, , Najib Mikati, Al Araby, Mikati, Lebanon Lisa Johnson, Ed Ram, Netanyahu, Hochstein, Bezalel Smotrich, , Nabih Berri, Mohamed Azakir, Reuters Berri, Amal, Hassan Nasrallah, Donald Trump’s, Trump, Israel Organizations: CNN, United, Lebanese, UN, Getty, Reuters, Saudi, Al, Hezbollah, US Locations: Beirut, imminently ”, Lebanon, Israel, Lebanese, Nabih Berri, Lebanon’s, Israeli, Gaza, Al Awsat
RIO DE JANEIRO, BRAZIL - NOVEMBER 18: UK Prime Minister Sir Keir Starmer during a bilateral meeting with President Xi Jinping of China, at the Sheraton Hotel, as he attends the G20 summit in on November 18, 2024 in Rio de Janeiro, Brazil. Keir Starmer is attending his first G20 Summit since he was elected Prime Minister of the UK. He is expected to hold talks with President Xi Jinping of China, the first time a UK PM has done so for six years. (Photo by Stefan Rousseau - WPA Pool/Getty Images)British Prime Minister Keir Starmer called on Chinese President Xi Jinping on Monday to establish "consistent, durable" relations between their two nations, pressing on with efforts to thaw ties between London and Beijing at a G20 summit. "We want our relations to be consistent, durable, respectful as we have agreed, avoid surprises where possible, and strengthened dialogue should provide stronger understanding," Starmer told Xi at the start of their meeting.
Persons: Sir Keir Starmer, Xi Jinping, Keir Starmer, Stefan Rousseau, Starmer, Xi, Rachel Reeves, Lifeng, Xi's Organizations: RIO DE, Sheraton, British, Xinhua News Agency, Conservative Locations: RIO DE JANEIRO, BRAZIL, China, Rio de Janeiro, Brazil, London, Beijing, Britain, Hong Kong
Warner Bros. Warner Bros. Discovery sued the NBA in July, claiming the league failed to allow the media company to use its so-called matching rights on a package of live games. The agreement also extends a partnership between NBA Digital and TNT Sports for five seasons that allows the NBA to engage Warner Bros. The league isn't paying Warner Bros.
Persons: , Comcast's, Turner Organizations: Warner Bros, Discovery, National Basketball Association, Warner Bros . Discovery, NBA, — Disney, Amazon, WNBA, CNBC, ESPN, Turner Sports, TNT, Disney, Comcast, TNT Sports, Nordic, NBA Digital Locations: U.S, Poland, Latin America, Brazil, Mexico
AdvertisementThe growing ranks of boomers aged 65-plus could spark a boom in the senior housing market. It says this will drive strong demand for senior housing facilities, including assisted living, independent living, skilled nursing, and memory care. "That makes senior housing a compelling option for investors looking to break away from traditional property investment." Census Bureau/Capital EconomicsMeanwhile, around 11% of those over the age of 65 are currently living in a form of senior housing, according to the American Senior Housing Association. Related storiesRents, meanwhile, are seeing a strong uptrend, thanks to the supply of senior housing growing tighter after the pandemic.
Persons: that's, Imogen Pattison, Pattison Organizations: Capital, Capital Economics, Census, American Senior Housing Association, MAP
The hour-long conversation marked the return of diplomacy to the decade-long conflict, even if their talk brought the familiar refrain it was not yet time to talk. One Western official said there was an “overall collective holding of breath” in Western capitals ahead of Trump’s inauguration. “The Germans speaking to Putin – that will have gone down badly” among Ukraine’s allies, the official said. “Giving Putin that positive bounce will have irked the French and others.” French President Emmanuel Macron has been particularly vocal about continuing support for Ukraine. Kremlin critics also warn of its history of using diplomacy as a pause or foil to pursuing its military goals.
Persons: Olaf Scholz, Vladimir Putin, Volodymyr Zelensky, acceding, Zelensky, , Putin, Donald Trump, Trump, Scholz, , Putin –, Emmanuel Macron, Donald Tusk, Biden, “ Scholz, Alena Epifanova, Epifanova, Scholz’s, Volodymyr Zelenskiy, Ebrahim Noroozi, Mike Waltz, “ ‘, , ’ ” Trump, Kurt Volker, Trump’s, it’s, Oleksandr Gimanov, Volker, he’s, ’ ” Volker, Trump “, ” Volker, Sen, Marco Rubio, Kim Jong Un, elect’s, Putin won’t, “ He’s Organizations: CNN, White, Sunday, Trump, German, Foreign Relations, Schloss, Reuters, Ukraine, Economist, Getty, Biden Locations: Ukraine, Russia, Russian, Europe, Polish, Moscow, Schloss Bellevue, Berlin, Ukrainian, European, Trump’s Ukraine, Odesa, AFP, , Afghanistan, China, United States, Beijing, US, Kyiv
Israeli air strikes overnight and into Sunday have killed scores in Gaza, according to local health officials, as police in Israel arrested three suspects after flares were fired at Prime Minister Benjamin Netanyahu's home in the city of Caesarea. Basal said 60 people were killed after the IDF bombed houses in the city Sunday morning, and that "dozens are under the rubble." Israeli Defense Minister Israel Katz said the incident crossed “all red lines” in a post on X early on Sunday. According to Lebanon’s health ministry, Israeli attacks have killed at least 3,400 people in the country. Hezbollah attacks have killed about 100 civilians and soldiers in northern Israel, the Israeli-occupied Golan Heights and southern Lebanon over the last year, according to Israel.
Persons: Benjamin Netanyahu's, mull, Beit Lahiya, Mahmoud, Hanoun, Abu, Balah, BASHAR TALEB, Abdel Kareem Hana, Netanyahu, Israel Katz, , Shimon the Prophet, Israel, Beirut's, Nabih Berri, Ali Hamdan, Biden, Donald Trump Organizations: Israel Defense Forces, Civil Defense, NBC, NBC News, United Nations, Aqsa Martyrs Hospital, Getty, Israel, Hamas, Israeli Defense, IBRAHIM AMRO, Reuters, Security, Bank Locations: Gaza, Caesarea, Lebanon, U.S, Gaza's, Beit, Jabalia, Aqsa, Deir Al, Deir al, Israel, Iran, Jerusalem, Chamaa, Hreik, Lebanon’s, Beirut's, AFP, Lebanese, Lebanon’s Litani, Golan
London CNN —Weight loss drugs such as Wegovy and Ozempic have been hailed worldwide as revolutionary for medicine. Additional measures to prevent obesity in the first place are desperately needed, health experts say. Part of that new thinking is exploring weight loss drugs. The OHA has crunched the numbers on existing weight loss drugs like Wegovy, the brand name for the appetite suppressant semaglutide. “There is no such thing as a silver bullet for obesity,” the Obesity Health Alliance emphasized.
Persons: Wes Streeting, Streeting, Eli Lilly, It’s, Keir Starmer, , Alfred Slade, suppressant, ” Slade, , it’s, Tom Little, prioritization, Jack Doughty, Martin White, ” White, White Organizations: London CNN, National Health Service, The Telegraph, Survey, British, Obesity Health Alliance, OHA, CNN, Reuters, Diabetes UK, NHS, of Health, Social Care, University of Cambridge Locations: United Kingdom, England, Novo Nordisk's, Denmark, sodas
Now that the election is over, and a change at the FTC seems highly likely, Wall Street is getting ready for a new era. "In my opinion, bank M & A has reopened for every bank absent the globally systemically important banks," Mills told CNBC. DFS 1M mountain Shares of Discover Financial rallied sharply after the election of Donald Trump. The merger between those two companies was blocked by a judge and then dropped this past week , but both companies could be players moving forward. There's still a populist tone in the Trump campaign … and enforcement, in my opinion, is not going to go away.
Persons: Trump, Lina Khan, Carlyle, Harvey Schwartz, Morgan Stanley, Stephanie McCann, McDermott Will, Emery, Wolfe, Naturium, Goldman, Ed Mills, Raymond James, Mills, Donald Trump, Joe Biden's, Matt Gaetz —, , There's, Kyle Healy, Alston, Michael Lynton Organizations: Federal Reserve, Federal Trade, FTC, Federal, CNBC, Wolfe Research, Amazon, Electronic Arts, Zoom Video Communications, EA, Activision Blizzard, Capital, Discover Financial Services, DFS, Discover Financial, Spirit Airlines, Frontier, JetBlue, Regulators, Trump, Bird, Warner Music Locations: Washington
After 30 years in business, Amazon is a $2 trillion behemoth and one of the world's largest retailers. Some critics believed Amazon was doomed to never recover, but founder Jeff Bezos turned things around — with some helpful advice from Jim Sinegal, founder of rival retailer Costco. Amazon, Bezos added, would always aim to be the second type of company. Bezos credited the rebound to lower prices and promised to eliminate unnecessary costs in order to make more discounts possible, the Times reported — a similar strategy to Costco's. And what really drove it was lower prices for customers…" Bezos told Fox News in January 2002.
Persons: Amazon, Jeff Bezos, Jim Sinegal, Bezos, Barnes & Noble, Brad Stone, Sinegal, Stone, Jeff, We've Organizations: Costco, Barnes &, Amazon, The New York Times, Sales, Times, Fox News, Amazon Prime, CNBC Locations: Amazon's, Bellevue , Washington
Senegal votes for lawmakers in test for new president
  + stars: | 2024-11-17 | by ( ) www.cnbc.com   time to read: +2 min
A voter casts his ballot at a voting station in the fishing village of Ndayane on Nov. 17, 2024, during Senegal's parliamentary elections. Senegal headed to the polls on Sunday to vote in legislative elections that the president hopes will give his party a clear majority and the means to implement an ambitious agenda for reforms. The West African nation saw some of the worst political violence in recent history ahead of the presidential election in March. The new president, Bassirou Diomaye Faye, has promised to help, but his government is grappling with slower-than-projected growth and a worsening budget deficit. The main threat to his party Pastef's ambitions is the unexpected alliance of two opposition parties, including the Republic party (APR) headed by the former Prime Minister Macky Sall.
Persons: Bassirou Diomaye Faye, Macky Sall, Dakar's, Barthelemy Dias Organizations: Republic, Pastef Locations: Ndayane, Senegal
CNN —An aide to Israeli Prime Minister Benjamin Netanyahu is alleged to have leaked classified information to foreign press in the hopes of influencing public opinion on hostage negotiations, according to a court release published Sunday. Eliezer Feldstein was arrested earlier this month for allegedly leaking “classified and sensitive intelligence information,” according to court documents. Sunday’s court release outlines more of the details surrounding this alleged leak. This came shortly after the Israeli military announced on September 1 that six Israeli hostages were killed in Gaza. Both cited Israeli intelligence sources and supported a narrative being pushed by Netanyahu at the time.
Persons: Benjamin Netanyahu, Eliezer Feldstein, Feldstein, Feldstein “, Netanyahu, Yair Lapid, Benny Gantz –, , Gantz Organizations: CNN, Israel Defense Forces, United, Jewish, Minister’s Locations: Rishon Lezion, , Gaza, Israeli, Germany’s
They say the EU will need to employ some retaliatory measures but has to be careful not to escalate. AdvertisementEconomists and analysts said that in order to avoid a trade war, policymakers in Europe need to employ a specific playbook to mitigate the economic drag while keeping trade tensions in check. Kenningham says the EU will likely hit the US with targeted tariffs on certain industries, rather than an across-the-board action. Related storiesTrade deals to avoid tariffsKenningham said EU policymakers could also negotiate a deal to avoid US tariffs. Advertisement"There is a possibility that if the strategy toward Europe is very aggressive, Europeans may change attitudes toward the Transatlantic Alliance.
Persons: Goldman Sachs, Donald Trump, Trump, Joachim Nagel, Emmanuel Macron, Mario Draghi, Andrew Kenningham, Kenningham, Harley, Carlo Bastasin, Bastasin Organizations: Biden, Italian, Capital Economics, European Union, EU, Trade, European, Brookings, Trump, Transatlantic Alliance Locations: Europe, China, European, EU, Trump's, Ukraine, Germany
How different a commander in chief will Trump be?
  + stars: | 2024-11-17 | by ( Peter Bergen | ) edition.cnn.com   time to read: +27 min
On the face of it, there are sizable differences in foreign policy between Trump and President Joe Biden. In October, the Biden administration again helped to intercept a barrage of around 200 Iranian ballistic missiles, which also caused minimal damage to targets in Israel. Bringing US troops homeIn 2020, the Trump administration signed a US withdrawal agreement from Afghanistan with the Taliban. But after McMaster was pushed out of office in 2018, the Trump administration negotiated with the Taliban the withdrawal agreement of all US forces from Afghanistan. Nonetheless, the incoming Trump administration seems intent on resurrecting Schedule F, an executive order issued in the last months of the first Trump term.
Persons: sneezes, Trump, Donald Trump’s, Joe Biden, , Biden, Trump’s, shored, Donald Trump, Xi Jinping, Andrew Harnik, , Benjamin Netanyahu, Netanyahu, Ahmad Gharabli, Israel, Jared Kushner, Qasem Soleimani, Mike Huckabee, Israel — Huckabee, David Friedman, Reagan, JD Vance —, H.R, McMaster, Nikki Haley, Mike Pompeo, Haley, Pompeo, Elise Stefanik, Mike Waltz, Florida, George W, Bush, Pete Hegseth —, Lloyd Austin, Jim Mattis, Robert Gates, John Ratcliffe of, Tulsi Gabbard, Vladimir Putin, Basher al, Assad, Putin, Diego Fedele, Ukraine doesn’t, John Bolton, Mark Rutte, Tom Homan, Homan, ” Trump, CNN’s Priscilla Alvarez, “ It’s, Maura Healey, Stephen Miller, CBS’s, Camp David, It’s, Kim Jong Un Organizations: CNN, Trump, NATO, Ukraine, White, of, Biden, CIA, Liberation Army, Center for Strategic, International Studies, Obama, Getty, West Bank, Abraham Accords, Arkansas Gov, US Defense Intelligence Agency, ISIS, McMaster, UN, GOP, Republican, Special, House Armed Services Committee, Pentagon, Fox News, Senate, Republicans, US Civil, Policy, State Department, Department of Homeland Security, Policy Institute, Rep, House Intelligence, NATO Trump, US Congressional Research Service, Joint Assault Brigade, National Police, of Homeland, American Immigration Council, NBC News, US Bureau of Prisons, Massachusetts Gov, National Guard, Congress, Washington Post, H.R, North, America Locations: Paris, Russia, China, Beijing, South China, United Kingdom, Australia, Taiwan, Washington, United States, Gaza, Lebanon, Iran, Iranian, Syria, Israel, Yemen, Jerusalem, AFP, Iraq, Saudi Arabia, Afghanistan, Pakistan, John Ratcliffe of Texas, Hawaii, Ukraine, Dnipro, Soviet, Toretsk, Crimea, Japan, NATO, “ Russia, Baltic, Western Europe, , Korean, North Korean
“Let’s be real a young Mike Tyson would’ve absolutely annihilated Jake Paul tonight,” she wrote on X. And the build-up to the fight was not too dissimilar to a traditional professional boxing fight. I’m just glad he didn’t get hurt out there.”And afterwards, 27-year-old Paul claimed he extended the fight for the spectacle. On the other hand, Tyson didn’t officially announce his retirement from boxing but expressed his appreciation for the experience. Lost half my blood and 25lbs in hospital and had to fight to get healthy to fight so I won.
Persons: Jake Paul, Mike Tyson, , Paul, Tyson, Evander Holyfield, Magic Johnson, he’s, Tyson’s, ” Johnson, Sarah Stier, UFC’s Tyron Woodley, Anderson Silva, Nate Diaz, Tony Bellew, , Nicola Adams, Mike Tyson would’ve, Katie Taylor, Amanda Serrano, Taylor, Al Bello, ” Terence Crawford, I’m, Friday’s, Canelo Álvarez, Conor McGregor, Tyson didn’t, ” Tyson Organizations: CNN, Dallas Cowboys, Netflix, Dallas Cowboy, ” CNN
Former Rep. Tulsi Gabbard, D-Hawaii, at the Faith & Freedom Coalition's 2024 Road to Majority Conference, in Washington, DC., on June 21. But current and former intelligence officials fear that Gabbard will refuse to relay intelligence reporting that doesn’t fit in with her — or the president’s — worldview. “Would that predisposition translate into pressure on analysis to fit the administration’s policy goals?” one senior former intelligence official said. “We’ll see.”Previous administrations have clashed with the CIA and intelligence agencies over assessments that didn’t support their policy agendas or their views about a particular threat or an adversary’s intentions. The DNI’s job “is to define the world as it is, as opposed to advocating for a world as you want it to be,” the former intelligence official said.
Persons: Tulsi Gabbard, , , Gabbard, Michael Brochstein, Donald Trump’s, George W, Saddam, Trump, Vladimir Putin, Bashar al, Assad, ” Gabbard, Syria’s Assad, Matt Gaetz, autocrats, Putin, Egypt’s Abdel Fattah el, Sissi, Narendra Modi, Modi, Jason Crow, ” Crow Organizations: NATO, Former, Faith, Majority Conference, Senate, CIA, Democratic, Indian, Modi, House Intelligence, NBC News Locations: Russia, Ukraine, Kyiv, Hawaii, Western, Washington ,, Former U.S, New Hampshire, Syria, Washington, Ukrainian, DNI, Cairo, United States, U.S, autocrats, United Kingdom, Australia, Canada, New Zealand
I’m tripping over their bodies,” said Sydney Seiler, the U.S. national intelligence officer for North Korea from 2020 to 2023. “Kim Jong Un is selling North Korean soldiers as cannon fodder mercenaries,” South Korean Defense Minister Kim Yong-hyun said last month. It’s an entirely new environment for the North Korean soldiers, who live in one of the most isolated and repressive countries in the world. The Russian military is teaching the North Korean soldiers about 100 key military terms, but “North Koreans are having a difficult time learning Russian,” South Korean lawmakers Lee Sung-kwon and Park Sun-won said last month. North Korean soldiers’ inexperience could be another point of friction and a major factor in how they are deployed.
Persons: Kim Jong Un, Vladimir Putin, Putin, , Sydney Seiler, Seiler, Gavriil, Joe Biden, Yoon Suk Yeol, Shigeru Ishiba, Kim, “ Kim Jong, Kim Yong, hyun, John Hardie, Lee Sung, Bruce Bennett, ” Hardie, Bennett, ” Bennett, Edward Howell, , ” Howell, Stella Kim Organizations: Ukraine, North, NBC News, U.S, The State Department, Korea’s National Intelligence Service, NBC, Center for Strategic, International Studies, Getty Images, Economic Cooperation, South Korean Defense, Pentagon, Politico, South Korea’s National Intelligence Service, North Korean, South Korean National Intelligence Service, AFP, Getty, Korean, Battalion, Russian Ministry of Defense, Foundation for Defense of Democracies, South, Sun, Rand Corp . Communication, Chatham House Locations: SEOUL, South Korea, Ukraine, Moscow, Russia, U.S, North Korea, Russian, Kursk, Korean, Korea, Washington, Pyongyang, Getty Images North Korea, South, Asia, Lima , Peru, The U.S, California, Ukrainian, London, Seoul, Hong Kong
But now it appears that some luxury brands have forgotten that aim. Dukas/Getty ImagesRay of Buttermilk said that some luxury brands have been hesitant to explore collaborations as a means of engaging Gen Z consumers because they fear losing their luxury allure. The future is vintageLuxury players might be kicking themselves for alienating Gen Z consumers, but Gen Zers never forgot about luxury. But secondhand's success isn't bad news for primary luxury brands, Escribano said. Bar certain luxury products like Hermès Birkins handbags, secondhand luxury is by and large cheaper and retains a level of exclusivity, she said.
Persons: Bain, Louis Vuitton, Z, Gen Z, There's, Claudia D'Arpizio, Blanca Zugaza Escribano, Gen, D'Arpizio, LVMH, Prada, Sabrina Carpenter, Marleen Moise, Getty, Jamie Ray, Escribano, Gen Z's, Thomaï, They've, Gen Zers, Z's Organizations: Louis, Prada, Bain & Company, Industry, Bain, Business, NYU's Stern School, Gen Locations: Hermès
U.S. President Joe Biden meets with China's President Xi Jinping on the sidelines of the APEC Summit in Lima, Peru, on Nov. 16, 2024. Biden was expected to urge Xi to dissuade North Korea from further deepening its support for Russia's war on Ukraine. In front of the cameras Saturday, Xi spoke to Biden — but it was unmistakable that his message was directed at Trump. After he was greeted by Xi, Biden ignored shouted questions from reporters on his concerns about the incoming Trump administration as well as North Korea. Biden is looking for Xi to step up Chinese engagement to prevent an already dangerous moment with North Korea from further escalating.
Persons: Joe Biden, Xi Jinping, Donald Trump, Xi, Biden, haven't, We've, Trump, Warby Parker, Steve Madden, Kamala Harris, Jake Sullivan, Yoon Seok Yul, Shigeru Ishiba, Kim Jong, Pyongyang's, Kim Organizations: APEC, U.S, Economic Cooperation, U.S ., China -, Conference Center, Nike, Trump, White House, FBI, Ukraine, South, North, The North Locations: Lima , Peru, Beijing, U.S, Asia, China, North Korea, Ukraine, Lima's, Northern California, Russia, Taiwan, Moscow, United States, Russia's Kursk, Pyongyang, The, The North Koreans, Japan, South Korea, Xi, Peru
President-elect Donald Trump has tapped Elon Musk to help spearhead cuts to government spending, and the defense sector could be a prime target. But Musk's past comments hint at one area he could target: defense contracts. Musk built SpaceX's business model around fixed-price contracts. Musk's new initiative could recommend exactly this: a move away from cost-plus contracts toward fixed-price contracts. An aerial view of the Pentagon AP Photo/Patrick Semansky, FileMusk's new initiative may target other areas of Pentagon spending, as well.
Persons: Donald Trump, Elon, Elon Musk, It's, Trump, Musk, Julia Demaree Nikhinson, Clayton Swope, Walter Isaacson's, Swope, John Raoux Overspending, Gerald R, Mike Gallagher, Gallagher, Ford, Steve Helber, Bryan McGrath, Todd Harrison, , Harrison, Michael Bohnert, they've, Archer Macy, Patrick Semansky, John Harvey Jr, Mississippi Sen, Roger Wicker Organizations: Defense, Pentagon, Department of Government, SpaceX, NASA, AP, Center for Strategic, International Studies, Services, International Space, Kennedy Space Center, Littoral, Ford, DoD, Republican, Palantir Technologies, Newport News Shipbuilding, American Enterprise Institute, Shipbuilding, BAE Systems, RAND Corporation, CSIS, US Air Force, Navy, Senate Armed Services Committee Locations: Pennsylvania, Columbia, China, Wisconsin, Virginia, Mississippi
AdvertisementNATO chief Mark Rutte has a message for Donald Trump: Europe knows it must spend more on arms. Rutte made a point of highlighting Poland's strong defense spending during a recent trip to Warsaw. NATO Secretary General Mark Rutte has a "clear message" for the US: Europe knows it must spend more on defense. Rutte said last week that Europe would have to spend more than the 2% of GDP target. AdvertisementPoland and NATOPoland's surge in defense spending has come in response to Russia's full-scale invasion of Ukraine, which it launched in February 2022.
Persons: Mark Rutte, Donald Trump, Rutte, Trump, Andrzej Duda, Donald Tusk, Donald Trump's, Emmanuel Macron, General, Aaron Korewa Organizations: NATO, Trump, Warsaw Locations: Europe, Warsaw, NATO, Poland, United States, Paris, Ukraine, Russia, North Korea, Iran, China, Pacific, North America, Germany, Asia
In the end, looking backward may be more productive for Biden and Xi than trying to predict what’s next for their two nations. Biden administration officials acknowledge they have little insight into what a notoriously unpredictable leader might be planning. What Biden can do, they argue, is reiterate to Xi the value of maintaining communication, even amid the expected contention. A key counterweight could be Biden’s legacyHow Trump confronts those threats is not something he’s discussed at great length, at least as a candidate. It’s also an area his aides believe could — and should — be continued by the incoming Trump administration, though acknowledging they have little to go on when it comes to the president-elect’s intentions.
Persons: Joe Biden, Xi Jinping, Xi, Donald Trump’s, that’s, Biden, , Trump, Robert F, Kennedy, Jr, Tulsi Gabbard, Pete Hegseth, Matt Gaetz, He’s, there’s, Xi’s, , Jake Sullivan, aren’t, China’s, , Obama, he’s, Russia’s Vladimir Putin, It’s, Korea’s Yoon Suk, Shigeru Ishiba Organizations: Peru CNN —, Biden, White, APEC, Xinhua, Mar, Lima Convention Center, Trump Trump, Ukraine Locations: Lima, Peru, Chengdu, China, Washington, Beijing, United States, Bali, San Francisco, Taiwan, Ukraine, Russia, Iran, North Korea, Pyongyang, Japan, South Korea, Tokyo, Seoul, East Asia
Several rallies against the Treaty Principles Bill are being staged in towns across the country as a nine-day march, or hikoi, moves to Wellington. An estimated 10,000 people marched through Rotorua, about 280 miles north of Wellington, New Zealand police said in a statement. The ACT New Zealand party, a junior partner in the governing center-right coalition government, last week unveiled the bill, which it had promised during last year’s election. Coalition partners the National Party and New Zealand First are only supporting the legislation through the first of three readings. Prime Minister Christopher Luxon reaffirmed on Thursday that his National Party would not support the bill’s progress beyond the first reading.
Persons: Hana, Rawhiti, Clarke, Christopher Luxon Organizations: British Crown, ACT New Zealand, Coalition, National Party, New Locations: New, Wellington, Rotorua, Wellington , New Zealand, Waitangi, New Zealand
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