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CNN —Vince McMahon has resigned from his role as executive chairman of TKO, the parent company of WWE, following disturbing allegations of sexual assault, trafficking and physical abuse. In the lawsuit, Grant alleged that McMahon dangled a job offer at WWE – and later promotions – in exchange for sex. McMahon engaged in acts of “extreme cruelty and degradation” toward Grant during her time at WWE, the lawsuit alleged. He initially retired from his role as CEO and chairman of WWE in July 2022 amid allegations of sexual misconduct. The investigation was closed in November 2022 and McMahon returned to WWE’s board in January 2023.
Persons: Vince McMahon, Janel Grant, behemoth McMahon, McMahon, ” McMahon, Grant, John Laurinaitus, Nick Khan, ” Khan, “ McMahon, ” McMahon’s, Grant’s, Ari, , Ann Callis, McMahon’s, Dwayne “, ” Johnson, , Johnson Organizations: CNN, WWE, UFC, Hollywood, Ari Emanuel’s Endeavor Group, Netflix Locations: Laurinaitis
Biden is “not doing it just for the sake of making Donald Trump mad or for the satisfaction of punching him in the nose. “Loser” is at the top of the Biden campaign lists of attacks. “It is Donald Trump who continues to deny the truth about the 2020 election. He lost that one,” said senior Biden campaign adviser T.J. Ducklo. “The joke’s on Donald Trump.
Persons: Joe Biden’s, Donald Trump, Emanuel, Biden, Donald Trump –, , “ he’s, Herbert Hoover ”, Trump’s, , I’m, ” Biden, Trump, Kate Bedingfield, She’s, It’s, Joe Biden, T.J, they’ve, Hoover, Nikki Haley, Nancy Pelosi –, that’s, Nancy Pelosi, Donald, you’ve, Ducklo, ” Ducklo, ” Trump, “ Joe Biden can’t, he’s, Steven Cheung, Michelle Obama’s, Gavin Newsom, didn’t, ” Bedingfield, “ It’s, ” George Conway, who’s, Donald ”, Omar Cornute, Louis, , Herbert Hoover, ” Cornute, Robert Garcia, “ Donald Trump, Garcia Organizations: CNN, Emanuel AME, Republican, Trump, Biden, Democratic, White House, South Carolina Gov, Fox, gaslight, , California Gov, Republicans, United Auto Workers, California Democrat Locations: Carolina, Trump’s Iowa, Iowa, Pennsylvania, America, Washington, California
SAN FRANCISCO (AP) — General Motors is facing a U.S. Justice Department investigation into a gruesome collision that critically injured a pedestrian and derailed its self-driving car ambitions. GM didn't release any details about the nature of the Justice Department's investigation, or of another one by the U.S. Securities and Exchange Commission. The revelations about the latest troubles facing Detroit-based GM and San Francisco-based Cruise came in a report reviewing how things were handled after the pedestrian was hurt. “Cruise must take decisive steps to address these issues in order to restore trust and credibility,” according to the report's summary findings. Cruise had cleared a significant hurdle last August when California regulators approved its request to begin operating its robotaxi service throughout San Francisco at all hours — over the strenuous objections of city officials — only to have it all unravel in early October.
Persons: Cruise, Quinn Emanuel Urquhart, Sullivan, Cruise's, Panini, hadn't, Organizations: FRANCISCO, , Motors, . Justice Department, Department, GM's, U.S . Securities, Exchange Commission, GM, Cruise Locations: San Francisco, Detroit, California
Cruise, the driverless car subsidiary of General Motors, said in a report on Thursday that an adversarial approach taken by its top executives toward regulators had led to a cascade of events that ended with a nationwide suspension of Cruise’s fleet. The roughly 100-page report was compiled by a law firm that Cruise hired to investigate whether its executives had misled California regulators about an October crash in San Francisco in which a Cruise vehicle dragged a woman 20 feet. The investigation found that while the executives had not intentionally misled state officials, they had failed to explain key details about the incident. The report is central to Cruise’s efforts to regain the public’s trust and eventually restart its business. Cruise has been largely shut down since October, when the California Department of Motor Vehicles suspended its license to operate because its vehicles were unsafe.
Persons: Cruise, Quinn Emanuel Urquhart, Kyle Vogt Organizations: General Motors, California Department of Motor Vehicles Locations: California, San Francisco, Sullivan
Culture issues, ineptitude and poor leadership at General Motors' Cruise autonomous vehicle unit were at the center of regulatory oversights and coverup concerns that have plagued the company since October, according to the findings of a third-party probe. Results of the investigation, which reviewed whether Cruise representatives misled investigators or members of the media in discussing the incident, were published Thursday in a 105-page report. "This conduct has caused both regulators and the media to accuse Cruise of misleading them," the report stated. Quinn Emanuel, the business litigation firm that Cruise retained to conduct the three-month investigation, interviewed 88 Cruise employees and reviewed more than 200,000 documents, including emails, texts, Slack messages and more. The firm is known for representing high-profile celebrities and business owners, including Tesla CEO Elon Musk.
Persons: Cruise, Quinn Emanuel, Slack, John Potter, Quinn Emanuel Urquhart, Elon Musk Organizations: General Motors, Cruise, CNBC, Sullivan, Tesla Locations: Cruise, San Francisco
In meetings with regulators after the October 2 incident, Cruise officials attempted to show a full video of the impact, shot from the car. Cruise commissioned the law firm of Quinn Emanuel Urquhart & Sullivan to investigate the incident and Cruise’s response to it. Immediately after the incident, Cruise employees were not, themselves, aware that the woman had been dragged, according to the report. Actually, the pedestrian was struck by a human-driven Nissan car first and that impact propelled her into the path of the Cruise car. The report attributed its failures in communication to a “myopic focus” in clearing Cruise of fault in the initial impact.
Persons: CNN — Cruise, Cruise, Quinn Emanuel Urquhart, Sullivan, ” Cruise, Mary Barra, veihicle, Organizations: CNN, Motors, Department of Justice, Securities and Exchange Commission, Cruise, GM, Nissan Locations: , California, United States
CNN —A former WWE staffer has accused the company’s founder, Vince McMahon, of sexual assault, trafficking and physical abuse in a lawsuit filed Thursday. In a statement, WWE’s parent company, TKO Group Holdings, said McMahon does not control TKO or oversee day-to-day operations at WWE. Led by McMahon, WWE and UFC, a mixed-martial arts entertainment competitor, announced in April 2023 that they would combine to form TKO. Lawsuit details disturbing allegationsAccording to the lawsuit, Grant was introduced to McMahon in 2019 when she was looking for work. The lawsuit also detailed an alleged sexual assault among Grant, McMahon and Laurinaitis that occurred at WWE’s headquarters in 2021.
Persons: CNN —, Vince McMahon, Janel Grant, McMahon, Grant, , John Laurinaitis, , WME, Ann Callis, , ” Callis, Mr, ” McMahon, Ari, Dwayne “, ” Johnson, Johnson Organizations: CNN, WWE, UFC, ” WWE, Endeavor, Netflix Locations: Connecticut, McMahon’s, Laurinaitis, Hollywood
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTKO CEO Ari Emanuel: Netflix deal strengthens the WWE brand 'on a global basis'TKO CEO Ari Emanuel and Dwayne ‘The Rock’ Johnson, actor, producer, entrepreneur and newly appointed TKO board director, join 'Squawk on the Street' to discuss the company's 10-year deal with Netflix to stream WWE’s flagship program “Raw” starting next year, news of Dwayne Johnson joining the TKO board, Johnson on the XFL-USFL merger, tequila sales, and more.
Persons: Ari Emanuel, Dwayne ‘, ’ Johnson, , Dwayne Johnson, Johnson Organizations: Netflix, WWE, XFL, USFL
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with TKO CEO Ari Emanuel and Seven Bucks Companies CEO Dwayne 'The Rock' JohnsonTKO CEO Ari Emanuel and Dwayne 'The Rock' Johnson, actor and newly appointed TKO board director, join 'Squawk on the Street' to discuss the company's 10-year deal with Netflix to stream WWE's flagship program 'Raw' starting next year, news of Dwayne Johnson joining the TKO board, Johnson on the XFL-USFL merger, tequila sales, and more.
Persons: Ari Emanuel, Dwayne, Johnson, Dwayne Johnson Organizations: Seven Bucks, Netflix, XFL, USFL
“The Rock” is a name is derived from Johnson's father, WWE Hall of Famer Rocky Johnson, who was the first Black champion in WWE history (alongside partner Tony Atlas), according the WWE. “I am thrilled to partner with Dwayne and welcome his immense talent to TKO’s Board," TKO CEO Ariel Emanuel said in a prepared statement. He has recently appeared on World Wrestling Entertainment Inc.'s “Smackdown” and “Raw” television programs, with rumors swirling that he may compete at this year's WrestleMania. "I’ve been there, I’m still there and this is for them.”TKO also announced Tuesday that Brad Keywell will become a board member. The additions of Johnson and Keywell will increase TKO's board from 11 to 13 members.
Persons: Dwayne Johnson, Johnson, WWE Hall of Famer Rocky Johnson, Tony Atlas, , Dwayne, Ariel Emanuel, ” Johnson, I’ve, I’m, ” TKO, Brad Keywell, Keywell Organizations: WWE, UFC, WWE Hall of Famer, Seven Bucks, Energy, United Football League, TKO’s Board, Holdings Inc, Wrestling Entertainment Inc, Echo Global Logistics
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDwayne Johnson on joining TKO board: I'm sitting at a board that my grandfather and dad helped buildTKO CEO Ari Emanuel and Dwayne ‘The Rock’ Johnson, actor, producer, entrepreneur and newly appointed TKO board director, join 'Squawk on the Street' to discuss the company's 10-year deal with Netflix to stream WWE’s flagship program “Raw” starting next year, news of Dwayne Johnson joining the TKO board, Johnson on the XFL-USFL merger, tequila sales, and more.
Persons: Dwayne Johnson, Ari Emanuel, Dwayne ‘, ’ Johnson, , Johnson Organizations: Netflix, XFL, USFL
Ryan Kang/AP Buffalo Bills quarterback Josh Allen and wide receiver Trent Sherfield celebrate after a touchdown against the Miami Dolphins on Sunday, January 7. Matt Krohn/USA Today Network/Reuters New York Jets linebacker Quincy Williams grabs the jersey of Washington Commanders wide receiver Curtis Samuel on December 24. Adam Hunger/AP Indianapolis Colts wide receiver Josh Downs can't make the catch as Atlanta Falcons cornerback Clark Phillips III defends on December 24. Todd Kirkland/Getty Images Philadelphia Eagles wide receiver Olamide Zaccheaus catches a touchdown pass over Buffalo Bills safety Micah Hyde on November 26. Michael Dwyer/AP Las Vegas Raiders wide receiver Davante Adams drops a pass in the end zone on October 22.
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Alberti, Chamarri Conner, Charles Omenihu, Nick Bolton of, Ezekiel Elliott, Sarah Stier, Raheem Mostert, Lauren Sopourn, Desmond Ridder, Jared C, Tilton, Bradley Chubb, Zach Wilson, Sam Navarro, Tommy DeVito, Chris Graythen, Sam LaPorta, Brandon Staley, Staley, Tom Telesco, Sean M, DeAndre Hopkins, Moore, Quinn Harris, Jake Ferguson, Kelee Ringo, Sam Hodde, Jamie Squire, Kevin C, Cox, Tylan Wallace, Wallace's, David Tulis, Nick Bosa, Drew Lock, Lock, Geno Smith, Trevor Lawrence, David Rosenblum, Brock Purdy, Matt Slocum, Tim Boyle, Al Bello, Roger McCreary, Trey Sermon, Andy Lyons, Brandon Aiyuk, Eric Hartline, Courtland Sutton, Eric Christian Smith, Jamal Adams, Roger Steinman, Ian Johnson, Tyler Allgeier, Todd Kirkland, Micah Hyde, Jevon Holland, Tim Boyle's, Mary, Holland, Chris Pedota, Jerome Miron, Reuters Christian Watson, Lauren Leigh Bacho, Marquez Valdes, David Eulitt, Devon Witherspoon, Matthew Stafford, Mark J, Terrill, Joe Burrow, Aaron M, Julian Blackmon, Nathan Ray 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We’ve, Frank Franklin II, it’s, , “ I’ve, I’ve Organizations: CNN, Buffalo Bills, AFC, Buffalo, Kansas City Chiefs, Super Bowl, Kansas City’s, CBS, Detroit Lions, Lions, Tampa Bay Buccaneers, Ford Field, The Lions, USA, Network, Reuters Kansas City Chiefs, Chiefs, Highmark, Super, Baltimore Ravens, AP San Francisco 49ers, Green, Packers, The 49ers, NFC, Getty, Houston Texans, The Ravens, AFC Championship, Philadelphia Eagles, Eagles, Getty Images Buffalo Bills, Pittsburgh, Bills, Sports Detroit Lions, Los Angeles Rams, Sunday, Rey Del Rio, Green Bay Packers, Dallas Cowboys, NFL, Getty Images, Green Bay, Miami Dolphins, Dolphins, Kansas City Star, Tribune, Service, Getty Images Houston Texans, Cleveland Browns, Texans, Browns, AP Buffalo, Trent, AFC East, New York Jets, The Jets, Reuters New York Giants, Boston, Giants, New England Patriots, Reuters San Francisco 49ers, 49ers, Rams, Getty Images Dallas Cowboys, Cowboys, Chicago Bears, AP Cincinnati Bengals, Bengals, Cincinnati, 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Indianapolis, Football, Carolina Panthers, Getty Images Minnesota Vikings, Vikings, Stroud, AP Chicago Bears, Saints, Getty Images Pittsburgh Steelers, AP Denver Broncos, Getty Images Tennessee Titans, Patriots, AP Las Vegas Raiders, Reuters Atlanta Falcons, Getty Images Denver Broncos, Koramoah, Soldier, Pro Football Hall of Fame, Arizona Cardinals, AP Detroit Lions, AP New York Jets, Levi's, Lucas Oil, North, Reuters Los Angeles Chargers, Wembley, Tennesee Titans, Lambeau, Cleveland Browns Stadium, Reuters Buffalo Bills, Reuters Cleveland Browns, AT, TIAA Bank, Kansas, Jacksonville Jaguars, Reuters Las Vegas Raiders, Acrisure, US Bank, JK, Reuters Baltimore Ravens, Baltimore, Niners Locations: Kansas, Buffalo, Detroit, Orchard Park , New York, Santa Clara , California, Baltimore, Kansas City, New England, Getty Images Arizona, Frankfurt, Germany, AFP, Stroud, Denver, Chicago, North America, London, New, Pittsburgh, Minneapolis, Kansas City , Missouri, warmups
Chip Somodevilla/Getty Images Haley and her family walk back into the South Carolina State House after her inauguration in 2011. Tim Dominick/The State/MCT via Getty Images Haley campaigns for presidential candidate Mitt Romney in 2012. Justin Sullivan/Getty Images Haley waves to the crowd during the Conservative Political Action Conference in 2013. Alex Wong/Getty Images Haley hugs her husband after his Army National Guard unit returned in 2013. Demetrius Freeman/The Washington Post/Getty Images Haley visits a farm during a campaign stop in Grand Mound, Iowa, in September 2023.
Persons: Hollis, Hollis , New Hampshire CNN — Danielle Brown, John McCain, Barack Obama, Nikki Haley, ” Brown, Haley, “ Haley, Chris Sununu, Trump, Trump . Sen, Tim Scott of, , ” Haley, Sununu, “ Nikki Haley, ” Trump, Greg Moore, Charles Koch, Moore, , ” Moore, Susan Rice, Trump . Rice, “ I’m, ” Rice, ” Michael Lewis, Donald Trump, ” Lewis, “ There’s, “ MAGA, GOP Sen, J.D, Vance of, Sylvia, ” Bill Jackson, “ She’s, She’s, we’ve, they’re, Trump –, Biden, Joe Biden, Ron DeSantis, Travis Dove, Michael, Nalin, Rena, Twitter Haley, Gerry Melendez, AP Haley, Chip Somodevilla, Tim Dominick, Getty Images Haley, Mitt Romney, Justin Sullivan, Alex Wong, Michael Haley, Rainier Ehrhardt, Jaswinder Singh, Narinder Nanu, Bobby Jindal, Jindal, Win McNamee, Sean Rayford, Saul Loeb, Mike Pence, Drew Angerer, State Rex Tillerson, Matthew Rycroft, Boris Johnson, Bryan R, Smith, Raad Adayleh, Brendan Smialowski, Spencer Platt, Evan Vucci, Kevin Lamarque, Don Bolduc, Brian Snyder, Jonathan Ernst, Jake Tapper, Will Lanzoni, Demetrius Freeman, Rachel Mummey, Jonathan Newton, Nikki Haley Prev, CNN’s KFile, “ You’re, Nancy Protzmann, ” Protzmann, , don’t, Ebony Davis, Ali Main Organizations: Hollis , New Hampshire CNN, New Hampshire Republican, Democratic, South Carolina Gov, Trump, Hampshire GOP, Republican Party coalesces, Trump ., Republicans, Republican, AFP, White House, Republican Party, Hollis, NATO, Republican National, Convention, Fox News, GOP, Vance of Ohio, “ Republican, Marist, Biden, Florida Gov, State House, New York Times, Twitter, South, AP, Capitol, South Carolina State House, Getty Images, Conservative Political, Conference, Army National Guard, Getty, Louisiana Gov, National Governors Association, Emanuel African Methodist Episcopal Church, United Nations, United Nations Security Council, UN, State, British, Norwegian Refugee Council, Gali Tibbon, UN Security, West Bank, The United States, Anadolu Agency, Republican National Convention, CNN, Washington Post, Social Security, Social Locations: Hollis , New Hampshire, Granite, New Hampshire, Haley’s, Hampshire, South Carolina, Trump, Tim Scott of South Carolina, Concord, Washington, Newfields, Hampton, Manchester, Portsmouth, Rochester, Maine, Kingston, Nashua, she’s, Iowa, Columbia , South Carolina, Afghanistan, Amritsar, India, AFP, Charleston , South Carolina, Columbia, State, New York, Syrian, United States, Jerusalem, Gali, Kuwait, Gaza, Londonderry , New Hampshire, Des Moines , Iowa, Grand Mound , Iowa, Miami, Hollis
YOKOSUKA, Japan (Reuters) - The United States and Japan will look at the viability of using Japanese shipyards to overhaul U.S. navy warships that patrol East Asian waters, the U.S. Ambassador to Japan Rahm Emanuel said on Friday at the Yokosuka naval base near Tokyo. Doing refits in Japan could help the U.S. keep more of its ships battle-ready in East Asia where China is expanding its naval power. The U.S. navy currently sends its ships back across the Pacific to shipyards at home that are wrestling with a backlog of maintenance contracts. Japan hosts the biggest overseas concentration of U.S. military power, including the only forward-deployed carrier strike group, which operates from Yokosuka.
Persons: Japan Rahm Emanuel, John Geddie, Tim Kelly, Chang, Ran Kim Organizations: Yokosuka, U.S . Navy, Seventh Locations: YOKOSUKA, Japan, United States, U.S, Tokyo, East Asia, China, Pacific, Yokosuka
TOKYO (AP) — Japan signed a deal with the United States on Thursday to purchase up to 400 Tomahawk cruise missiles as part of its ongoing military buildup in response to increased regional threats. In November, the U.S. approved a $2.35 billion sale of two types of Tomahawks — 200 Block IV missiles and 200 upgraded Block V versions. Political Cartoons View All 253 ImagesJapan and the United States agreed to expedite the deployment “in response to the increasingly severe security environment,” Kihara said. The government quickly approved a shipment of Japanese-made Patriot missiles to the United States to complement the U.S. inventory. “There is a new Japan emerging, a more competent Japan,” he said.
Persons: Fumio, spender, Minoru Kihara, Japan Rahm Emanuel, ” Kihara, Emanuel, Japan's, Organizations: TOKYO, , China . Defense, U.S, Kihara, United, Japan’s, Locations: — Japan, United States, Japan, China, North Korea, Australia, Britain, Tokyo, South Korea, U.S
The myth of the Lost Cause hasn’t been defeated. Echoes of Lost Cause mythology have also been invoked throughout the primary by Trump’s leading opponents, Florida Gov. The myth of the Lost Cause hasn’t been defeated. In short, it was defeated and discredited, but Lost Cause mythology nevertheless lives on. It was easy not to indulge my grandmother Mildred Lee in her promotion of Lost Cause mythology.
Persons: Karen Finney, Hillary Clinton, Robert E, Lee, Mildred Lee, Karen Finney Ralph Alswange, , curriculums, General Lee, Jim Crow, hasn’t, Biden, , Donald Trump, Abraham Lincoln, Trump’s, Ron DeSantis, Nikki Haley, DeSantis, ” Karen Finney, Trump’s MAGA, Haley, Trump, McCarthy, Clint Smith, we’ve Organizations: CNN, Democratic, Aggression, United, Mother Emanuel AME Church, Florida Gov, South Carolina Gov, Trump voters, Capitol, Fox News, Florida Governor, CNN Town Hall, Union, South Carolina, House, Confederate, Illinois, Reconstruction, Ku Klux, Republican, Civil Locations: Virginia, North Carolina, Charleston , South Carolina, Iowa, Florida, America, South Carolina, United States
Ambassador Nikki Haley failed last month to mention slavery as the root cause of the Civil War. “Let me be clear, for those who don’t seem to know: Slavery was the cause of the Civil War,” he said. Chris Christie, who suspended his campaign on Wednesday, referenced the Civil War with a word of caution to Republican voters. The last time they were that relevant was the Civil War — which we know was caused by slavery,” Christie said. The intra-party jabs echo a broader debate over the legacy of the Civil War for policymaking today.
Persons: Ron DeSantis, Nikki Haley, Donald Trump, , , Jeff Kaufmann, Joe Biden’s, Biden, Kamala Harris, DeSantis, Kaufmann, Abraham Lincoln, Paul Peterson, Peterson, Haley, Carolina Sen, Tim Scott, , Chris Christie, Benjamin Franklin, Christie, ” “ Benjamin Franklin’s, ” Christie, Eric Foner, Geoff Kabaservice, Kabaservice, ” Foner, ____ Matt Brown Organizations: WASHINGTON, , Republicans, Florida Gov, GOP, Party of, Reconstruction, ” Iowa Republican, Republican, Mother Emanuel AME Church, Florida Republicans, Iowa GOP, Republican Party, Education, Harvard University, Democrats, Trump, Former New Jersey Gov, Columbia University, Niskanen, AP Locations: Florida, Party of Lincoln, Iowa, Charleston , South Carolina, Carolina, , America, American
FORT WORTH, Texas (AP) — Emanuel Miller's layup with six seconds left gave TCU a 68-67 victory over No. 2 Houston on Saturday, the Cougars' second straight loss. The Cougars (14-2, 1-2 Big 12) fell to an unranked team for the second time this week. TCU (13-3, 2-1) earned its second straight victory over a top-10 team, three days after knocking off No. Miller led the Frogs with 13 points, with his go-ahead basket his only points in the second half.
Persons: — Emanuel Miller's, Miller, Trevian Tennyson, Avery Anderson, J’Wan Roberts, Damian Dunn, Tennyson, Roberts, Houston, Jameer Nelson, ___ Organizations: TCU, Houston, Cougars, Iowa State, NEXT Houston, Texas Tech, Big, Kansas State, AP Locations: Texas, Oklahoma, Anderson, Cincinnati
More than 5,500 tech layoffs less than two weeks into 2024The latest rounds of tech job cuts are occurring across a range of roles and in both Big Tech companies and smaller startups. There were some 262,682 tech industry layoffs recorded in 2023, per Layoffs.fyi data, after 164,969 cuts the previous year. Against that backdrop, the tech industry went on a remarkable hiring spree. Disparate impacts of tech job cuts come under scrutinyAs the tech industry layoffs continue, labor advocates and even lawmakers are taking notice. “Recent findings have consistently shown that minorities and women are vastly overrepresented in industry layoffs,” the letter said.
Persons: Roger Lee, Lee, Dropbox, Goldman Sachs, Parul, Koul, , Emanuel Cleaver, Missouri, Barbara Lee of, Julie Su Organizations: CNN, Big Tech, Tech, Google, Unity Software, , Chegg, IBM, Alphabet Workers, CWA, Democratic, American, Labor, Department of Labor Locations: Silicon Valley, Barbara Lee of California
In a letter to the Department of Housing and Urban Development and the Consumer Financial Protection Bureau, ten Democratic U.S. senators asked the regulators to investigate Navy Federal Credit Union’s mortgage lending for compliance with federal anti-discrimination laws. The credit union, which has more than 13 million members, lends to military servicemembers, defense personnel, veterans, and their families. “Navy Federal’s members have made countless sacrifices in their service to our country,” the senators wrote in the letter. The credit union declined to provide CNN any additional data that would make it possible to analyze those factors. Navy Federal has not yet responded to the lawsuits in court.
Persons: Sen, Sherrod Brown, Ron Wyden, Mary McDuffie, Emanuel Cleaver, Steven Horsford, Hakeem Jeffries, , Maxine Waters, Ben Crump – Organizations: CNN, Department of Housing, Urban Development, Consumer Financial Protection, Democratic U.S, Navy, Credit, Banking, Finance, Congressional Black Caucus, Federal, , Navy Federal, Financial Services Locations: Ohio, Oregon, “ Navy, Virginia
All Eyes on Iowa as Republicans Ready for Caucuses
  + stars: | 2024-01-05 | by ( Susan Milligan | Jan. | At A.M. | ) www.usnews.com   time to read: +8 min
Known for his hard-line stances against abortion and LGBTQ+ priorities, DeSantis could get a boost from an Iowa Republican electorate that is unusually socially conservative. But even those plum endorsements aren't moving Iowa Republicans from the Trump camp. "Donald Trump is a lap ahead of the field," says former Iowa Republican Party co-chairman David Oman, a former chief of staff to two GOP Iowa governors and a prominent Haley supporter. The morning after an anticipated Trump win in the Iowa caucuses, a trial starts in New York to determine a second set of damages in a defamation case brought by writer E. Jean Carroll. And while the GOP winner is all but assured in Iowa, the state has still played a key role in the primary process.
Persons: Donald Trump, Trump, Jimmy, Kim Reynolds, Matt Gorman, Ron DeSantis, Gorman, Nikki Haley, Vivek Ramaswamy –, Grassley, GOP Sen, Chuck Grassley, Chris Christie, packers Asa Hutchinson, Ryan Binkley, DeSantis, Reynolds, Bob Vander Plaats, Haley, David Oman, Jimmy Carter, hasn't, Ramaswamy, Des Moines, Steffen Schmidt, , E, Jean Carroll, Joe Biden, Biden, Kamala Harris, MAGA, Harris, Schmidt, Mike Pence, Sen, Tim Scott of Organizations: Hawkeye, Republican, Jimmy Centers, Iowa Gov, Cornerstone, Florida Gov, Iowa Republicans, Donald Trump View, Trump, Iowa Republican, United Nations, GOP, Former New Jersey Gov, packers, Iowa Republican Party, Iowa, Iowa's Democratic, Fox News, Iowa State University, District of Columbia, Capitol, Republican Party, Monday, Emanuel AME Church, Democratic Locations: Iowa, DeSantis, New Hampshire, Arkansas, Georgia, Des, Florida, District, New York, Trump, Charleston , South Carolina, South Carolina, Tim Scott of South Carolina
The market is going to worsen early in 2024 before recovering, according to Evercore ISI. The firm sees the S & P 500 falling in the first half of next year to 3,970 as a "recession materializes and politics [amplify] volatility." An inverted yield curve also portends the start of a recessionary period in the first quarter of 2024, he added. "'Defense Wins Championships' is a consistent theme between [the] last hike and first cut in the recession playbook," said Emanuel. By comparison, the S & P 500 is up 20.1% year to date.
Persons: That's, Julian Emanuel, Emanuel Organizations: ISI
Spotify’s workforce had nearly doubled over the last three years. Photo: Emanuel Hahn for The Wall Street JournalSpotify is preparing to lay off 17% of its workforce or about 1,500 employees, as the company accelerates its profitability push. Chief Executive Daniel Ek announced the job cuts—the Stockholm-based company’s third round of layoffs this year—to staff Monday.
Persons: Emanuel Hahn, Daniel Ek Organizations: The Wall Street, Spotify Locations: Stockholm
Japan, a key U.S. ally, had sought the suspension of all non-emergency V-22 Osprey flights over its territory after one fell into the sea on Wednesday in western Japan. Japan's Coast Guard has said one person was found and confirmed dead, and the search for the remaining seven aboard continues. The Pentagon said on Thursday that it was still flying Ospreys for now, and that it was not aware of any official request for their grounding. "We are concerned that despite our repeated requests, and in the absence of sufficient explanation (from the U.S. military), the Osprey continues to fly," he told a news conference. The Japan Self-Defense Forces (SDF), which also operates Ospreys, has said it would suspend flights of the transport aircraft.
Persons: Hirokazu Matsuno, Yoko Kamikawa, Rahm Emanuel, Robert Dujarric, Dujarric, Mariko Katsumura, John Geddie, Chang, Ran Kim, Gerry Doyle Organizations: Kyodo, REUTERS Acquire, Rights, Japan's Coast Guard, Pentagon, Ospreys, U.S ., Japan Self - Defense Forces, U.S, Pacifist Japan, U.S . Marine Corps, Tokyo's Temple University, Thomson Locations: Kagoshima prefecture, Japan, U.S, Tokyo
Search operations widened Friday with additional U.S. military personnel joining the effort, while Japanese coast guard and military ships focused on an undersea search using sonar. Japanese officials say they asked the U.S. military to halt Osprey flights in Japan except for those involved in the search operations. A total of 44 Ospreys have been deployed at U.S. and Japanese military bases in Japan. Denny Tamaki called on Japan’s defense and foreign ministries to request the U.S. military to suspend all Osprey flights in Japan, including in search operations. “I have serious doubts about Osprey safety even for their search and rescue operations.”
Persons: , Sabrina Singh, Hirokazu Matsuno, Minoru Kihara, Ricky Rupp, ” Kihara, Rupp, Yoko Kamikawa, Japan Rahm Emanuel, United States “, Denny Tamaki, Tamaki, , Organizations: TOKYO, Pentagon, U.S, Ospreys, U.S ., Defense, U.S . Forces Japan, Osprey, United, U.S . Air Force Special, Command, Yokota Air Base, Fifth Air Force, 353rd, Operations, U.S . Marine Corps Air, Iwakuni, Kadena Air Base, Gov Locations: Japan, U.S, Okinawa, United States, Yamaguchi prefecture
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