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Mark Zaleski/The Tennessean/USA Today Network Snow falls on parked cars in Concord, New Hampshire, on January 16. Gary Hershorn/Corbis News/Getty Images Snow and ice dust a worker who was removing snow from a sidewalk in Des Moines on January 13. Dan Powers/USA Today Network Firefighters rescue a man after his car was stuck in a flooded area in Charlotte, North Carolina, on January 9. Gregg Pachkowski/USA Today Network Snow covers the trees around the Holy Hill Basilica and National Shrine of Mary in Hubertus, Wisconsin, on January 9. Tariq Zehawi/NorthJersey.com/USA Today Network Flooding is seen at an intersection in Spartanburg, South Carolina, on January 9.
Persons: Nikki Haley, Deb Cram, Andrew Kelly, Mark Zaleski, Snow, Will Lanzoni, Rogelio V . Solis, Amanda Andrade, Rhoades, Reuters Isaac Hammond, Geoff Stellfox, Brandon Bell, Christian Monterrosa, Daniel Cole, Dan Busey, Crews, RJ Sangosti, Jeffrey T, Barnes, Chip Somodevilla, Barbara J, Al Drago, Gary Hershorn, Brendan McDermid, Joseph Prezioso, Jim Vondruska, Andrew Harnik, Eric Seals, Rebecca Zimmerman, Antonio Perez, Zuma Snow, Erin Hooley, Drake, Sam Wolfe, Bryan Woolston, Kelly, Jo St, Aubin, Dan Powers, Peter Zay, Floyd Bennett Field, Spencer Platt, Scott Olson, County Sheriff Tommy Ford, Jaide Garcia, CNN Linda Cox, Gregg Pachkowski, of Mary, Mike De Sisti, Joe Raedle, Michael Gordon, Michael Gordon Workers Brian Henderson, Phil Murphy, Tariq Zehawi, Alex Hicks Jr, Nouran Salahieh, Joe Sutton, Sarah Dewberry, Raja Razek, Jennifer Henderson Organizations: CNN, National Weather Service, Oregon -, . Maine, Police, Rockies, South Washington Cascades, Omni Mount Washington, USA, Reuters, Mississippi State Capitol, Reuters Isaac Hammond braves, Austin, Bergstrom International Airport, Iowa State Capitol, Getty, Denver International Airport, MediaNews, Denver Post, NFL, Buffalo Bills, Pittsburgh Steelers, AP, Columbus Dispatch, Bloomberg, Corbis, Reuters Storm, AP Vehicles, Chicago Tribune, TNS, Storm Bros, Network Firefighters, County Sheriff, National, of, Milwaukee Journal, People, Michael, Michael Gordon Workers, New, New Jersey Gov, Spartanburg Herald Locations: Pacific Northwest, Pacific, Oregon, Northwest, Portland , Oregon, Columbia, Oregon - Washington, Maine, • Buffalo , New York, Buffalo, Tennessee , Mississippi , Arkansas , Kansas, In Tennessee, Knoxville, Washington, Washington , Idaho, Montana, Portland, South, Bretton Woods , New Hampshire, New, New York, Philadelphia, Baltimore, Nashville , Tennessee, Concord , New Hampshire, Jackson, Wheeling , Illinois, Washington ,, Malcolm , Iowa, Austin , Texas, Des Moines, AFP, Florence , Alabama, Orchard Park , New York, Williamsburg , Iowa, Worthington , Ohio, Atlantic , Iowa, Hudson, Jersey City , New Jersey, Winthrop , Massachusetts, Ankeny , Iowa, Iowa, Northwestern, Farmington Hills , Michigan, Oak Park , Illinois, Chicago, Bamberg , South Carolina, Annapolis , Maryland, Kaukauna , Wisconsin, Charlotte , North Carolina, Anadolu, Brooklyn , New York, Iowa City , Iowa, Panama City Beach , Florida, Florida's Bay County, County, Myrtle Grove , Florida, Hubertus , Wisconsin, Bay County , Florida, Florida , Alabama, Georgia, Totowa , New Jersey, New Jersey, Spartanburg , South Carolina, Cincinnati, Detroit, Texas, Gulf, Buffalo , New York, Watertown , Massachusetts, Midwest
Sam Altman has a huge task in Davos: convince leaders he won't repeat Facebook's election mistakes. OpenAI has outlined its plan to prevent tools like ChatGPT from being used to interfere with elections. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The fretful among them will have a much more pressing question to ask: what's his plan to avoid Mark Zuckerberg election mistakes ? In the wake of the 2016 election, Zuckerberg dismissed the suggestion that Facebook influenced the vote as a "pretty crazy idea."
Persons: Sam Altman, OpenAI, , Mark Zuckerberg, Zuckerberg, Altman, Meta's Mark Zuckerberg, Chip Somodevilla, ChatGPT, Joe Biden Organizations: Service, World Economic, Facebook, Republicans Locations: Davos, Swiss, Russia
Wall Street's rocky start
  + stars: | 2024-01-16 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
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 . AdvertisementIn today's big story, we're looking at how there are still plenty of risks in the market despite big expectations. What's on deck:Chip Somodevilla/Getty ImagesOne of the best indicators of the year ahead comes from banks' Q4 earnings. BI's finance team has a roundup of the biggest Wall Street firms' earnings reports and what it means for their hiring plans.
Persons: Donald Trump, Vivek Ramaswamy, , Chip Somodevilla, BI's Michelle Abrego, Rebecca Ungarino, Kevin O'Leary, Mark Davis, Goldman, Sharmin, Rahmani, Morgan, Steve Cohen, Sundar Pichai, Boris Streubel, Rebecca Zisser, Apple, Mike Katz Organizations: Republican, GOP, Service, Citi, JPMorgan, BlackRock, Staff, Getty, Goldman Sachs Wealth, New York Mets, Google, Hertz, Business, Bloomberg Locations: Iowa, Google's Berlin, San Diego, Austin
Des Moines, Iowa CNN —The storied history of the Iowa caucuses has never seen anything like this. Haley: ‘The fellas are scared’Unlike DeSantis, Haley isn’t wagering her campaign on Iowa. Icicles hang from the roof as people arrive for a Haley campaign event at the Thunder Bay Grille on January 13, 2024, in Davenport, Iowa. Chip Somodevilla/Getty ImagesYet Iowa has has raised existential questions for the DeSantis campaign. And time is short, because the Iowa campaign is ending just as it began — with the former president on top.
Persons: shivers, Donald Trump, they’re, , Nikki Haley, Ron DeSantis, Iowans, ” Trump, Trump, , DeSantis, Haley, Chris Christie’s, she’d, Vivek Ramaswamy, Xi Jinping, Nigel Farage, , ” –, patriotically, we’re, caucusgoers, Ramaswamy, , Haley slugged, admonitions, Judge Arthur Engoron, Sharon Mancero, ” Mancero, Mancero, Joe Biden, he’s, Clinton, , Haley isn’t, She’s, ” Haley, Will Hurd —, Trump —, That’s, Win McNamee, that’s, George W, Bush, “ We’re, Mark Harris, Haley’s, Lovisa, Swede, ” Tedestedt, Chip Roy, Louis, Stanley, Chip Somodevilla, Joel Rudman, “ I’ve, ” Rudman, It’s, ” DeSantis, Biden, it’s, ” CNN’s Kit Maher, Veronica Stracqualursi Organizations: Des Moines , Iowa CNN, House, Former South Carolina Gov, Trump, Trump –, New, New Jersey Gov, “ Trump, Iowa Republicans, Capitol, Iowa, Des Moines Register, NBC, Republican, GOP, Republicans, Des Moines, Senate, CNN, New York Stock Exchange, Social Security, Jimmy Centers, Iowa Republican, South Carolina, Former Texas GOP, , White House, Ankeny, Haley, America, South Carolina Republican, Texas, Florida Panhandle, Centers Locations: Des Moines , Iowa, Iowa, week’s, Hampshire, Florida, New York, Washington, Cedar Rapids, Waterloo, Sioux City, New Jersey, British, Indianola, Clinton , Iowa, DeSantis, Des, Fox, Wall, Manhattan, New Hampshire, Cedar Falls, Ankeny, South, Davenport , Iowa, Granite, St, Hubbard , Iowa
Winter storms are battering the US, causing floods, power outages, and travel chaos. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Bad weather warnings have been issued across states stretching from Oregon to Maine and affecting more than 70 million people, the BBC reported. Republican presidential candidates postponed or cancelled many election campaign events in Iowa as high winds and snow hit. AdvertisementAlaska Airlines has canceled around 20% of its flights each day since it grounded its fleet of 737 Max-9s, per Reuters.
Persons: , Chip Somodevilla, Max Organizations: Service, Chicago O'Hare, NBC Chicago, Weather Service, BBC, Republican, Associated Press, Alaska Airlines Locations: Chicago, Dakotas, Oregon, Maine, Iowa, East Coast
With a salary of $174,000 per year, members of Congress make more than 80% of American households. Stunted salary growth and limited perksThe salaries for members of Congress haven't budged in nearly 15 years. Historically, Democrats have been more willing to push for higher pay for members of Congress, including Rep. Alexandria Ocasio-Cortez of New York. For simplicity's sake, let's put the number at $274,000 — a $100,000 raise for members of Congress. Nor is jacking up lawmakers' salaries likely to be a panacea that solves every problem in a troubled institution.
Persons: that's, , It's, David Schweikert, we're, Daniel Schuman, reimbursements, Schuman, Patrick McHenry of, — he's, he's, Republican Sen, Mitt Romney, who've, Democratic Sen, Elizabeth Warren of, Alexandria Ocasio, Cortez, Steny Hoyer, Dan Kildee of, who's, Kildee, Sen, Elizabeth Warren, Kent Nishimura, Maxwell Frost of Florida, Deb Fischer, Nebraska, JD Vance, Ohio, Ro Khanna, Tom Williams, Chip Somodevilla, Vance, Khanna, Gregg Harper, Harper, I'm, Warren, let's Organizations: Service, DC, Arizona, Business, POPVOX, budged, Senate, Republican, Democratic, Getty, United States Senate, , Bureau of Labor Statistics Locations: Washington, Arizona, multimillionaires, Patrick McHenry of North Carolina, Utah, Elizabeth Warren of Massachusetts, Alexandria, Cortez of New York, Cortez, Dan Kildee of Michigan, DC, Ohio, California, America, Mississippi
Alfred Eisenstaedt/Time & Life Pictures/Getty Images Kissinger takes a call in his office in the early 1970s. Bettmann Archive/Getty Images Kissinger talks with journalists on his way to meet with NATO foreign ministers. Bettmann Archive/Getty Images Kissinger, second from left, walks with Leonid Brezhnev, secretary-general of the Soviet Communist Party, in 1973. Bettmann Archive/Getty Images Kissinger looks out a window at the King David Hotel in Jerusalem in 1975. Chip Somodevilla/Getty Images Kissinger is greeted by US Sen. John McCain after a Senate Armed Services Committee hearing in 2015.
Persons: CNN — Henry Kissinger, Kissinger, Henry Kissinger, Stephen Voss, Walter, Heinz Alfred Kissinger, Henry, William P, Rogers, Alfred Eisenstaedt, Tom Blau, Richard Nixon, Nixon, Warren Burger, Alamy Kissinger, Le Duc Tho, Tho, Wally McNamee, Corbis, Zhou Enlai, Leonid Brezhnev, Dirck Halstead, Gerald Ford, Nancy, pats, King David Hotel, David Hume Kennerly, Kirk Douglas, David, Elizabeth, Mikki Ansin, Diana Walker, Peter Southwock, Princess Diana, Colin Powell, Barbara Walters, Diana, David McNew, George W, Bush, Charles Dharapak, Christian Wulff, Stephan Schraps, Hillary Clinton, Madeleine Albright, John Kerry, Chip Somodevilla, US Sen, John McCain, Tom Williams, Ash Carter, Yin Bogu, Cui Tiankai, Zhang Chaoqun, Donald Trump, Jim Watson, Andrew Harnik, Maximilian, Daniel Vogl, Xi Jinping, Nixon’s, Reagan, ” Kissinger, CNN’s Wolf Blitzer, , CNN’s Fareed Zakaria, , Lincoln, Bernie Sanders, Count, ” Sanders, Clinton, “ I’ve, Zakaria Organizations: CNN, Kissinger Associates, Bettmann, Getty, Harvard University, Harvard's Center for International Affairs, National Security Council, US Arms Control, Disarmament Agency, State Department, Camera, State, Chief, Everett, Inc, Paris Peace Accords, MPI, NATO, Soviet Communist Party, Hulton, King, Times Newspapers, Concord Academy, Senate Energy, Richard, US Diplomacy Center, US, Armed Services, Nixon Library, Museum, Capitol, Science, Arts, New York’s, Nazis, United States Army, Jewish, Pentagon, CBS News, Richard Nixon Presidential Library, Republican Party Locations: Nazi Germany, Connecticut, Washington , DC, Fürth, Germany, United States, Paris, Beijing, ITAR, Washington ,, Japan, Egypt, Israel, Jerusalem, Massachusetts, Boston, New York, Yorba Linda , California, Berlin, Xinhua, AFP, Bavarian, Vietnam, China, Cambodia, Chile, Soviet, Saigon, Laos, New, Furth, Nazi, Soviet Union, South Vietnam, North Vietnam, Fuerth
AdvertisementBusiness Insider's Katie Notopoulos has a rundown on how a relatively scandal-free summer for Meta has erupted into a full-blown crisis at Instagram. And the fix for Instagram's Reels might not be simple or one Meta's willing to make. Instagram, Tyler Le/InstagramThe WSJ's report illustrates a broader issue the ad industry is grappling with. Ad spend has never fully recovered since the onset of the pandemic, meaning companies have to do more with less. AdvertisementAll of that puts the ad industry in a juxtaposition.
Persons: McDonald's, Meta, influencers, Katie Notopoulos, Instagram, Tyler Le, Lauren Johnson, Lauren, Joe Biden, Chip Somodevilla, Here's, It's, Chelsea Jia Feng, Veronica Thatcher, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: The New York Times, Wall, Meta, UBS, Business, Google, White, Philadelphia Federal Reserve, Apollo Management, Bank of America, Chelsea, Microsoft, BI, Broadcom, VMware, Amazon, Intuit, CrowdStrike, Hewlett Packard Enterprise Locations: Instagram, Washington ,, Gaza, America, New York City, San Diego, London, New York
When TJX Companies (TJX) reports quarterly results this week, we expect the off-price retailer to demonstrate continued momentum on both its top and bottom lines, helped by consumers looking for solid deals in an uncertain economic environment. And we're confident management can deliver a further expansion of gross margins as wary American consumers look for value at TJX's popular off-price chains. "Traffic remains the primary driver for comp in off-price," Barclays said in a recent research note previewing earnings for TJX and peers Ross Stores (ROSS) and Burlington Stores (BURL). Higher profits In addition to delivering higher sales, TJX continues to show improved profitability — a trend we expect to accelerate when the company reports on Wednesday. At the same time, according to Telsey, TJX faces headwinds from incremental store wage and payroll costs.
Persons: TJX, Ross, ROSS, Dana Telsey, Telsey, TJX's, Jim Cramer's, Jim Cramer, Jim, TJ Maxx, Prince George's, Chip Somodevilla Organizations: TJX, Marshalls, LSEG, Barclays, Burlington Stores, Telsey Advisory, CNBC, Shoppers, TJ, Getty Locations: Maxx, TJX, Telsey, Prince, Hyattsville , Maryland
Fed Chair Jerome Powell said getting inflation sustainably to the central bank’s 2% goal wouldn’t be easy. Photo: Chip Somodevilla/Getty ImagesFed Chair Jerome Powell said it was premature for the central bank to declare a conclusive end to its historic interest-rate increases of the past two years even though he didn’t make an argument for raising rates further right now. The Fed has raised interest rates this year to a 22-year high to combat inflation by slowing economic activity. Officials are committed to achieving a rate setting that is “sufficiently restrictive” to bring inflation down to its 2% goal over time. “We are not confident that we have achieved such a stance,” Powell said in remarks prepared for delivery at a conference in Washington on Thursday.
Persons: Jerome Powell, Chip Somodevilla, ” Powell Organizations: Getty Locations: Washington
Fed Chair Jerome Powell said getting inflation sustainably to the central bank’s 2% goal wouldn’t be easy. Photo: Chip Somodevilla/Getty ImagesFed Chair Jerome Powell indicated the central bank wouldn’t declare an end to its historic interest-rate increases until it had more evidence that inflation was cooling. Price and wage pressures have eased recently, leading more investors to think the Fed is done raising rates. Powell disappointed those investors in a speech Thursday by explaining why he thinks the Fed is more likely to tighten policy than ease it if any change is warranted.
Persons: Jerome Powell, Chip Somodevilla, Powell Organizations: Getty
CNN —If you don’t realize how powerful White Christian evangelicals have become, consider this:A White Christian evangelical, who has been described as “the embodiment of White Christian nationalism in a tailored suit,” is now second in line to the presidency. White evangelical Protestants make up only about 14% of Americans, and that number has been steadily shrinking. The media tends to depict White evangelicals as foaming-at-the-mouth Christian insurrectionists like some of those who stormed the US Capitol on January 6, 2021. The new speaker of the house is a White Christian evangelical and is second in the line for the presidency. Chip Somodevilla/Getty ImagesYou seem leery of using the term ‘White Christian nationalism.’ Am I correct?
Persons: Mike Johnson, Roe, Wade, Trump, Jon Ward, Ward, George W, Bush, Barack Obama, Donald Trump, , , ” Ward, White, Ward’s, there’s, Johnson, Chip Somodevilla, , I’m, it’s, George Brich, You’ve, , It’s, Joe Raedle, Nikki Haley, Haley, that’s, we’ve Organizations: CNN, Capitol, Yahoo, Air Force, Trump, ” CNN, White Christian, Jesus, South, Democrat, Republican Locations: White, America, Los Angeles, Miami , Florida, South Carolina, Trump, evangelicalism
In the end, the only man who could unify House Republicans behind him was a relatively little-known and mild-mannered evangelical Christian from Louisiana. AdvertisementAdvertisementAs the speaker saga wore on, it provoked questions among some House Republicans: How could it be that they had failed to elect a speaker for so long? While Gaetz maintains otherwise, his angry GOP colleagues have plenty of evidence to make their case that it was an attention ploy. Rep. Matt Gaetz surrounded by reporters and cameras after the House voted to oust Kevin McCarthy from the speakership. The attention economy doesn't preclude an ability to govern — an effective politician might seek to harness their celebrity towards worthy ends.
Persons: Mike Johnson's, Matt Gaetz, Kevin McCarthy, Garrett Graves, Sen, Thom Tillis, Madison Cawthorn, Tillis, Drew Angerer, Greg Murphy of, Nancy Mace, McCarthy, Mace, I'm, Win McNamee, Josh Hawley, Ronald Reagan, Donald Trump's, Nicole Wallace, Obama, JD Vance, Ohio, Vance, Ted Cruz, Jose Luis Magana, denialism, Jim Jordan, Marjorie Taylor Greene, Brett Kavanaugh, Jen Psaki, Symone Sanders, it's, Rep, Alexandria Ocasio, Cortez, Kelly Armstrong, Adam Schiff, Chip Somodevilla, Bob Good, Virginia, Gaetz, , Ken Buck, Colorado, Hawley deadpanned, Mike Lawler, I've, Cruz, Buck, Joe Biden, Liz Cheney Organizations: Republicans, GOP, North Carolina Republican, Getty, Twitter, South Carolina, Republican, Rep, Fox News, Republican Party, Conservative Political, Conference, AP, Cannon, South, Democratic, Supreme, Biden, MSNBC, Democrats, Capitol, New York Post, Colorado Locations: Louisiana, Florida, Greg Murphy of North Carolina, Missouri, Hollywood, California, South Carolina, Alexandria, Cortez of New York, Ukraine, New York, Ted Cruz of Texas
House Republicans elected Rep. Mike Johnson of Louisiana as speaker of the House on Wednesday, more than three weeks after Kevin McCarthy was ousted. Photo: Chip Somodevilla/Getty ImagesWASHINGTON—The House elected GOP Rep. Mike Johnson of Louisiana as speaker, elevating a staunch conservative to the top post after three weeks of Republican infighting doomed other candidates aiming to succeed ousted leader Kevin McCarthy. The choice of Johnson, a close ally of former President Donald Trump, came after the party cycled through a series of hopefuls, prompting some members to wonder whether any colleague could thread the needle in the deeply divided conference. With a speaker now in place, lawmakers can finally get back to work, with many eager to pass aid for Israel and address a looming government-funding deadline next month.
Persons: Mike Johnson of, Kevin McCarthy, Chip Somodevilla, Johnson, Donald Trump Organizations: Republicans, Getty, WASHINGTON, The Locations: Mike Johnson of Louisiana, Israel
The Louisiana Republican was first elected to the House in 2016 and serves as vice chairman of the House Republican Conference, as well as GOP deputy whip, an assistant leadership role. During Trump’s first impeachment trial in January 2020, Johnson, along with a group of other GOP lawmakers, served a largely ceremonial role in Trump’s Senate impeachment team. My strong SUGGESTION is to go with the leading candidate, Mike Johnson, & GET IT DONE, FAST!” Trump posted. Rep. Mike Johnson files his paperwork at the secretary of state's office after qualifying for his congressional reelection bid on July 20, 2018, in Baton Rouge, Louisiana. For that, I stepped aside and threw all my support behind Mike Johnson.
Persons: Mike Johnson, Donald Trump, Johnson, Trump’s, Joe Biden, , Trump, Chip Somodevilla, ” Trump, Paul M, Melinda Deslatte, Kevin Hern, it’s, , ” Johnson’s, Tom Emmer’s, Steve Scalise, Jim Jordan Organizations: Washington CNN —, Louisiana Republican, House Republican Conference, House Republicans, Capitol, WIN, Committee, Armed Services Committee, Republican, Louisiana State University, Hebert Law Center, Rep, Oklahoma Republican, House Republican, Minnesota, Republicans, Trump, Reps Locations: Louisiana, Trump’s, Texas, Longworth, Washington ,, Louisiana’s, Baton Rouge , Louisiana, Oklahoma, America
Herbert "Bertie" Bowman was the longest-serving African-American staffer on Capitol Hill in US history. AdvertisementAdvertisementBertie Bowman, the longest-serving African-American staffer on Capitol Hill in history, died at 92 years old on Wednesday morning. Sen. John Kerry hugs Bowman after his confirmation hearing before the Senate Foreign Relations Committee for Secretary of State on January 24, 2013. AdvertisementAdvertisementBowman escorts Hillary Clinton at a hearing before the Senate Foreign Relations Committee on March 2, 2011. Bowman had continued to work in the Capitol until his death, becoming the longest-serving African-American congressional staffer in US history.
Persons: Herbert, Bertie, Bowman, , Bertie Bowman, Andrew Desiderio, Sen, Ben Cardin, Burnet Maybank, Maybank, Chris Dodd, Tom Williams, I'd, talkshow, Tavis Smiley, Lyndon Johnson, Strom Thurmond, John Kerry, Ken Cedeno, Jesse Helms of, J, William Fulbright of, Bill Clinton, Elvis, Clinton, Chip Somodevilla, he'd, Hillary Clinton, Alex Wong, Helms Organizations: Capitol, Senate, Service, Punchbowl News, Foreign, Station, Senate Foreign, State, William Fulbright of Arkansas, US, Foreign Relations, Washingtonian, Military Force, Islamic Locations: Washington , DC, Ben Cardin of Maryland, Summerton, South Carolina, Washington ,, Washington, Jesse Helms of North Carolina, Vietnam, Islamic State
Members of the House of Representatives vote on the House Speaker on October 20 in Washington, DC. Chip Somodevilla/Getty ImagesDuring the speaker candidate forum on Monday, all the speaker candidates agreed that they wanted to get to 217 votes in the room before going to the floor, a source familiar told CNN. GOP Rep. Tim Burchett of Tennessee told CNN it is important for the conference to 217 behind closed doors because they need to avoid another public embarrassment on the House floor. Texas GOP Rep. Dan Crenshaw told CNN, “it’s impossible” for the conference to get to 217, but added “let’s see who wins. “We’ll pare it down And then we get it down to I assume the two, we will have a roll call vote.”
Persons: Chip Somodevilla, Kevin Hern, Jim Jordan’s, , I've, Jim Jordan, , Tim Burchett, ” Burchett, Dan Crenshaw, let’s, Ralph Norman of South, “ We’ll pare Organizations: CNN, Republicans, GOP, Ohio, Texas GOP, Ralph Norman of South Carolina Locations: Washington ,, Tennessee, Texas
With Sen. Laphonza Butler not running for a full term, the California race remains wide open. Former MLB All-Star Steve Garvey, a Republican, jumped into the Senate race earlier this month. Sen. Laphonza Butler, center, will not run for a full Senate term in 2024. There will be two Senate races on the November 2024 ballot: a special election to fill the Senate term through January 2025 and a general election for the full Senate term ending in January 2031. Given the Democratic lean of the state, there's a strong chance of a Senate race between two Democrats.
Persons: Sen, Laphonza Butler, Adam Schiff, Burbank, Steve Garvey, , Gavin Newsom, Butler, Newsom, Dianne Feinstein —, Barbara Lee, Katie Porter, Lee, Porter, Schiff, Alex Padilla, California's, Chip Somodevilla, Garvey, James P, Bradley, Eric Early, Ronald Martinez, Donald Trump — Organizations: MLB, Republican, Service, Democratic Gov, University of California, Democratic Reps, Los Angeles Dodgers, San Diego Padres, Democratic, Sen, , Institute of California, San, San Francisco Bay Area, Burbank, California Senate Locations: California, California's, Southern California, San Francisco Bay, Irvine, Oakland
It is these lives that Wise and other Jewish American peace activists are mobilizing to save with their calls for an urgent ceasefire. Jewish Voice for Peace and IfNotNow organized a rally on Capitol Hill calling for a ceasefire in Gaza. Jewish peace activists carried the Palestinian flag and wore keffiyehs as they marched on Capitol Hill. Jewish peace activists embrace during a rally on Capitol Hill for a ceasefire in the Israel-Gaza war. Jewish Voice for Peace and IfNotNow believe that only by addressing these issues can peace ever be achieved between Israelis and Palestinians.
Persons: Rabbi Alissa Wise, , ” Wise, , Wise, IfNotNow, Allison Bailey, Sonya Meyerson, Joe Biden, Israel –, Benjamin Netanyahu, Yoav Gallant, Eva Borgwardt, , Rabbi Wise, , We’re, it’s, Alex Wong, ” Borgwardt, Jonathan Greenblatt, , Meredith Weisel, ” Weisel, Rather, It’s, I’m, Will Oliver, Shutterstock, Biden, Chip Somodevilla, ” That’s, Knox, Israel, they’re Organizations: CNN, Palestinian Ministry of Health, United Nation’s Office, Humanitarian Affairs, Jewish Voice, Peace, Israel Defense Forces, Capitol, Jewish, Getty, Israel, Defamation League, DC, Congress, , West Bank, World Health Organization Locations: Gaza, Israel, Knox, United States, , Palestine, British, Egypt, Jordan, Syria
Rep. Jim Jordan (R., Ohio) has scuffled in his efforts to become the next House speaker. Photo: Chip Somodevilla/Getty ImagesWASHINGTON—Struggling Republican speaker nominee Rep. Jim Jordan postponed to Friday morning a third floor vote after a plan to temporarily put caretaker speaker Rep. Patrick McHenry in charge of the House ran into sharp objections from conservatives. Jordan’s push to have a third vote on his candidacy Thursday fell apart as the Ohio conservative met continued resistance from his opponents during a meeting in a House office. As some trickled out, there was no sign he had managed to change their minds.
Persons: Jim Jordan, Chip Somodevilla, Patrick McHenry Organizations: Getty, WASHINGTON — Locations: , Ohio, Ohio
Biden announced $3.5 billion for 58 projects across the country to strengthen the electric grid. This is the largest federal investment ever made in grid infrastructure, said US Energy Secretary. Energy Secretary Jennifer Granholm said it was the largest federal investment ever in grid infrastructure, supporting projects that will harden electric systems and improve energy reliability and affordability. The federal spending, combined with money promised by private partners, could result in up to $8 billion in investments nationally to upgrade the grid, Granholm said. AdvertisementAdvertisementThe largest grant, $464 million, will go to improve five transmission projects across seven Midwestern states, from Iowa to North Dakota.
Persons: Biden, Jennifer Granholm, Granholm, Chip Somodevilla, , Mitch Landrieu, Joe Biden, Landrieu, Jonathan Foley, Foley, Tim Walz, Steve Karnowski Organizations: US Energy, Service, Wednesday, Energy, Biden, Resilience, White House, Minnesota Gov, AP, of Commerce, CPS Energy, Consumers Energy, Flint, DTE Energy, Portland General Electric Locations: Maui, California, Georgia, Louisiana, American, Oregon, Iowa, North Dakota, Hawaii, California , Oregon , Utah, Minnesota, Locust Grove, Orleans, San Antonio, Texas , Colorado , New Mexico, Wisconsin, Texas, Michigan, Grand Rapids, Detroit
The committee is investigating Shein over concerns that Uyghur forced labor is being used in its supply chain and has gone undetected because of the de minimis provision. The committee has not yet drawn conclusions about forced labor in Shein's supply chain. When asked about claims of forced labor in Shein's supply chain, Claure told CNBC he doesn't "believe those allegations are correct." However, forced labor can still show up in other parts of the supply chain, said Chloe Cranston, the head of thematic advocacy programmes at Anti-Slavery International. In 2022, 11% of audits turned up "zero tolerance violations," including child labor, forced labor and wage violations, and 28 suppliers were terminated as a result, according to the company.
Persons: Elham Ataeiazar, Shein, Donald Tang, Matt Kennedy, they're, they've, Mike Gallagher, Elise Stefanik, Steve Scalise, Chip Somodevilla, we're, Marcelo Claure, Claure, Ralph Lauren, Rupert Hodges, Oritain, Chloe Cranston, Cranston, It's, it's, Shang, Jin Wei, Wei, Austin Knudsen, Chris Xu, Jade Gao, Knudsen, Gary Gensler Organizations: Wall, Bear, Chinese Communist Party, U.S, Renaissance Capital, CNBC, Bloomberg, Nike, Adidas, Republican National Committee, Washington , D.C, D.C, Target, Costco, Visual China, Getty, Workers, Columbia University's, Communist, CCP, Microsoft, AFP, U.S . Securities, Exchange Locations: Bear Stearns, U.S, China, Beijing, Xinjiang, Washington ,, Washington, Singapore, Nanjing, United States, Chinese, Guangzhou, Brazil, Turkey, India, Mexico, Montana
Convoy matches loads to available trucks and has counted Home Depot and Unilever among its customers. Photo: Chip Somodevilla/Getty ImagesDigital freight startup Convoy, a business founded by former Amazon.com executives that has drawn a star-studded lineup of tech investors, has suspended operations and is winding down its core business as it seeks alternatives that may include selling its technology, according to people familiar with the matter. Convoy, which raised $260 million in a funding round last year that valued the business at $3.8 billion, on Wednesday told employees in an email that it would stop accepting shipments until further notice and that it was rescheduling or canceling existing loads.
Persons: Chip Somodevilla Organizations: Convoy, Depot, Unilever, Wednesday
Rep. Jim Jordan is the new GOP speaker nominee following Majority Leader Steve Scalise’s exit from the race. Jordan has the weekend to continue to make his case and attempt to flip holdouts, but he faces a steep uphill battle. But it soon became clear that Jordan also faces a stiff wall of resistance. That vote, which was cast by secret ballot, was 152 to 55, laying bare the major challenge Jordan faces in his bid for the gavel. Jordan or any other Republican speaker candidate can only afford to lose four GOP votes when the full House votes for speaker if all members are voting.
Persons: Kevin McCarthy, Jim Jordan, Steve Scalise’s, Jordan, Scalise, CNN’s Manu Raju, McCarthy, , Feedback McCarthy, Steve Scalise, Chip Somodevilla, Austin Scott of Georgia –, Mike Garcia, , Marjorie Taylor Greene, Matt Gaetz, ” Gaetz, CNN’s Michael Smerconish, “ Jim Jordan, ” Jordan, Patrick McHenry of Organizations: CNN, Republicans, GOP, Rep, Ohio Republican, Hamas, CNN Republicans, Capitol, GOP Rep, Republican, Democrats, Caucus Locations: Ohio, Ukraine, Washington ,, Jordan, California, Patrick McHenry of North Carolina
Kari Lake on Tuesday launched her bid for the Republican Senate nomination in Arizona. But during her kickoff, Lake didn't focus on grievances and instead framed election integrity as a bipartisan issue. (The move likely dooms the prospects of Blake Masters, the unsuccessful 2022 Senate nominee who The Wall Street Journal previously reported had been set to jump into the 2024 Senate race.) AdvertisementAdvertisementLake defeated Karrin Taylor Robson in last year's Arizona Republican gubernatorial primary. In last year's gubernatorial election, Lake earned 49.6% of the vote, losing by about 17,000 votes out of nearly 2.6 million ballots cast.
Persons: Kari Lake, Trump's, , Donald Trump, Katie Hobbs, Lake, Trump, Blake Masters, Mario Tama, It's, Doug Ducey, Sen, Jon Kyl, John McCain, Karrin Taylor Robson, Justin Sullivan, John Barrasso of, John Cornyn of, Steve Daines, Mitch McConnell, Kyrsten Sinema —, Ruben Gallego, Gallego, Sinema, she'll, Kyrsten Sinema, Chip Somodevilla, Republican Pinal County Sheriff Mark Lamb, who's Organizations: Republican, Service, Democratic, Lake, Trump, Street, Democrat, GOP, Arizona, Regents, Arizona Republican, Washington Republicans, Politico, Capitol, Senate Republican Conference, National Republican Senatorial, Democratic Party, Democratic Rep, Emerson College, Republican Pinal County Sheriff, Republicans, Democrats Locations: Arizona, Mexico, Washington, John Barrasso of Wyoming, John Cornyn of Texas, Montana, Kentucky, Republican Pinal County
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