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A Republican senator is blocking the promotion of Lt. Gen. Christopher T. Donahue, the commander of U.S. troops in the final days of the withdrawal from Afghanistan, in what could be the first salvo in a Trump administration war against America’s generals. Senator Markwayne Mullin, Republican of Oklahoma, put a hold on General Donahue’s promotion to four stars, or general, after his nomination was sent to the Armed Services Committee last week, officials said. Sabrina Singh, a spokeswoman for the Pentagon, told reporters on Monday that the Defense Department was “aware” of the hold. General Donahue was the last American service member to depart Afghanistan as Taliban fighters took control on Aug. 31, 2021. A decorated former Delta Force commander, Army Ranger and paratrooper with multiple tours in Afghanistan and Iraq, he was recently selected to lead the U.S. Army’s Europe Command as the war in Ukraine heads into its fourth year.
Persons: Christopher T, Donahue, Markwayne Mullin, General Donahue’s, Sabrina Singh, General Donahue Organizations: Republican, General, Armed Services Committee, Pentagon, Defense Department, Taliban, Delta Force, Army Ranger, Army’s, Command Locations: U.S, Afghanistan, Oklahoma, Iraq, Ukraine
The former New York City mayor was in federal court in Manhattan on Tuesday to discuss his continuing failure to give up nearly $11 million worth of personal assets. The forfeiture was meant as a down payment on the $148 million Mr. Giuliani owes to two Georgia election workers for defaming them by claiming, without evidence, that they had helped to steal the 2020 presidential election. But first, Judge Lewis Liman allowed Mr. Giuliani’s lawyers to withdraw from the case. “I’m sorry it came to this,” Kenneth Caruso, one of the Mr. Giuliani’s lawyers, said before he and his co-counsel left the hearing. In a statement on Tuesday, Mr. Caruso said that there had been “a difference of opinion” with Mr. Giuliani but they wished his new counsel “every success.”
Persons: Rudolph W, Giuliani, Judge Lewis Liman, , ” Kenneth Caruso, Caruso, Organizations: New, New York City Locations: New York, Manhattan, Georgia
For many onlookers, the incident between Luis Rubiales and Jennifer Hermoso at the 2023 Women’s World Cup final offered momentary insight into the life of a women’s soccer player. The fallout to the Rubiales kiss only reinforced her view that this was a story that demanded a wider audience, and now was the time to tell it. Rubiales was serving as president of the Royal Spanish Football Federation (RFEF) when he kissed Hermoso during the Women’s World Cup final medal ceremony. Rubiales gives Hermoso what she says was an unwanted kiss after last year's Women's World Cup final. Vilda watches Spain's players warm up ahead of the Women's World Cup final.
Persons: wasn’t, Luis Rubiales, Jennifer Hermoso, Joanna Pardo, , Pardo, ” Pardo, , Rubiales, Hermoso, ” Rubiales, Jorge Vilda, Vilda, Alexia Putellas, Bonmatí, d’Or, – Irene Paredes, peck, Pablo Blazquez Dominguez, Sandra Paños, , Paredes, Putellas, RFEF, coercing, Luis Jordana de Pozas, Franck Fife Organizations: CNN, Netflix, England, CNN Sport, Royal Spanish Football Federation, FIFA, Court, Getty, Sweden, Rubiales, World Locations: Eurasia, , Spanish, Spain's, Madrid, AFP
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. Alcoa CEO Klaus Kleinfeld talks impact of Trump's proposed tariffsKlaus Kleinfeld, former Alcoa CEO and former Siemens CEO, joins 'Closing Bell Overtime' to talk the impact of Trump's proposed tariffs, his new book, and more.
Persons: Klaus Kleinfeld Organizations: Alcoa, Siemens
AdvertisementIn a podcast interview, Eric Schmidt warned that AI dating may increase loneliness among young men. The former Google CEO said young men dating the "perfect" AI girlfriend may also lead to obsession. He suggested AI regulation changes but expects little action without a major incident. Former Google CEO Eric Schmidt recently shared his concerns about young men crafting AI romantic partners and said he agrees that AI dating will actually increase loneliness. AdvertisementSchmidt said he doesn't expect much AI regulation in the next four years as Trump's administration will likely have other priorities.
Persons: Eric Schmidt, Schmidt, G, Scott Galloway, he's, Donald Trump's, Brendan Carr Organizations: Google, Study
OpenAI is allowing employees to sell roughly $1.5 billion worth of shares in a new tender offer to SoftBank, CNBC has learned. Employees will have until Dec. 24 to decide if they want to participate in the new tender offer, which has not previously been reported, one of the people said. The tender offer is not related to OpenAI's potential plans to restructure the firm to a for-profit business, one of the people said. The OpenAI investment matches SoftBank's eagerness to deploy cash, with a capital-intensive business model, a person close to Son told CNBC. The company also received a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion.
Persons: Masayoshi Son, OpenAI, SoftBank, Son Organizations: CNBC, Employees, Apple, Qualcomm, SoftBank's, Microsoft, Nvidia
President-elect Donald Trump's vow to implement additional tariffs on China, Canada and Mexico on day one of his presidency signals the start of a wild ride in currency markets, strategists say, warning it would be risky for investors to underestimate the impact on foreign exchange rates. The announcements prompted a knee-jerk reaction in currency markets, with the U.S. dollar rising more than 2% against the Mexican peso and notching a four-year high against the Canadian dollar . "I think the first reaction here is that investors should get ready for a wild ride in FX volatility," said Kamakshya Trivedi, head of global foreign exchange, interest rates and emerging markets strategy research at Goldman Sachs . The index closed 0.6% lower in the previous session as investors welcomed hedge fund manager Scott Bessent as Trump's pick for U.S. Treasury chief. "This is going to be something that we are all going to have to get used to.
Persons: Donald Trump's, Trump, Kamakshya Trivedi, Goldman Sachs, Scott Bessent, Trivedi, CNBC's Organizations: U.S, Canadian, Goldman, The U.S, Treasury Locations: China, Canada, Mexico
CNN —Thousands of supporters of Pakistan’s jailed former Prime Minister Imran Khan broke through barricades around the capital Tuesday and marched into Islamabad, clashing with security forces and demanding his release. The latest protests came as Islamabad bolstered security for an official visit by Belarus President Aleksandr Lukashenko, who arrived in the capital on Monday for three days of talks with Pakistan Prime Minister Shehbaz Sharif. Policemen fire tear gas shells to disperse supporters of Pakistan Tehreek-e-Insaf (PTI) party during a protest to demand the release of former prime minister Imran Khan, in Islamabad on November 26. In recent days, thousands of Khan supporters have been arrested in Punjab and Khyber Pakhtunkhwa provinces as authorities tried to prevent the protest march. Pakistan Tehreek-e-Insaf (PTI) party's supporters shout slogans as they protest to demand the release of former prime minister Imran Khan, in Hasan Abdal, on November 25.
Persons: Pakistan’s, Imran Khan, Khan, Mohsin Naqvi, Aleksandr Lukashenko, Shehbaz Sharif, Aamir Qureshi, Khan’s, Bushra Bibi, Ali Amin Gandapur, Naqvi, Hasan, Imran Khan's, ” Naqvi, , , Kamran Bangash, party's, Hasan Abdal, ” Khan, Sharif, Organizations: CNN, Authorities, Pakistan’s, Pakistan, Getty, Protesters, Reuters, Pakistan Institute of Medical Sciences, Paramilitary, “ Rangers, PTI Locations: Islamabad, Belarus, Pakistan, Peshawar, Khyber Pakhtunkhwa, , Punjab province, Hasan Abdal, Imran Khan's Pakistan, Punjab, Rawalpindi, Hasan
Does the United States Have an Infertility Crisis?
  + stars: | 2024-11-26 | by ( Dani Blum | ) www.nytimes.com   time to read: +1 min
It’s become a popular talking point among some of President-elect Trump’s most prominent supporters: America has an infertility problem. “Why are so many couples infertile?” Robert F. Kennedy Jr., Mr. Trump’s nominee to lead the Department of Health and Human Services, asked in a September post on the social media site X. Dr. Casey Means, a former surgeon and health influencer who has advised Mr. Kennedy, has called infertility a “crisis.”And Mr. Trump himself has said he would task Mr. Kennedy with investigating “the decades-long increase in chronic health problems,” including infertility, or the medical inability to conceive. Like people in many other developed regions across the globe, Americans are having fewer children now than before — a demographic trend that has alarmed some conservatives in particular. Some of that is likely a result of social and economic factors, like steep child care costs, housing prices and more people choosing to forgo starting families.
Persons: It’s, Trump’s, Robert F, Kennedy Jr, Casey Means, influencer, Kennedy, Trump Organizations: America, Department of Health, Human Services
U.S. President-elect Donald Trump at a viewing of a test-flight launch of the SpaceX Starship rocket in Brownsville, Texas, Nov. 19, 2024. Brandon Bell | Getty Images News | Getty ImagesAs Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Yet the energy sector climbed 22.9% under Biden as of Nov. 19, despite the administration's push for renewables and sustainability. As president, Trump is expected to embrace crypto more than any of his predecessors. When Biden won in 2020, there was a lot of panic about the outlook for energy, oil and gas.
Persons: Donald Trump, Brandon Bell, Jeremy Goldberg, Goldberg, Larry Adam, Raymond James, Trump, Adam, Biden, Monty Rakusen, John Murphy, Murphy, Callie Cox, Cox, Greg Iacurci Banks, Jamie Dimon, Andrew Harrer, Brian Spinelli, Halbert Hargrove, Spinelli, David Rea, Lorie Konish, Bill Varie, , — Greg Iacurci Crypto, Kevin Wurm, Matt Apkarian, Apkarian, Christina Lynn, there's, Lynn, — Lorie Konish, Cooper Neill, Joe Biden, Mike Cerasoli, Cerasoli, you'll, — Lorie, Images Trump, Robert F, Kennedy Jr, bode, David Weinstein, Weinstein, Chris Unger, Charles, Vivek Ramaswamy, Greg Iacurci, Thomas Barwick, Ted Decker, Decker, TJ Maxx, Lorraine Hutchinson, — Greg Iacurci, Donald J Organizations: SpaceX, Getty, Trump, Professional Advisory Services, Digitalvision, EV, Biden, Bank of America Securities, Ford, Ritholtz Wealth Management, U.S . Federal, JPMorgan Chase &, White, Bloomberg, CNBC, Salem Investment, Bank, — Greg Iacurci Crypto Republican, Reuters, bitcoin, Liberty Financial, Cerulli Associates, Mariner Wealth, — Lorie Konish Energy, Double Eagle Energy Holdings LLC, Eagle Global Advisors, Images, Department of Health, Human Services, RFK, U.S . Senate, Merck, Pfizer, Dana Investment, Affordable, Publicly, HCA Healthcare, UFC, Madison, Garden, Ufc, Medical, Charles River Laboratories, Food and Drug Administration, of Government, Retailers, Walmart, Marshalls, Google, Twitter, Trump National Golf Club, Washington Post Locations: Brownsville , Texas, California, U.S, Iran, Venezuela, Washington, Long Beach, Calif, Salem, Winston, Salem , North Carolina, Ritholtz, Nashville , Tennessee, cryptocurrency, Lynn, Midland , Texas, Houston, New York, China, North America, HomeGoods, Bedminster , NJ, Jabin
Jack Smith arrived in Washington almost two years ago with expectations that his assignment to investigate Donald J. Trump would be profoundly consequential. Mr. Smith filed two federal indictments against Mr. Trump, the first ever against a former president. The Justice Department has a longstanding policy against prosecuting a sitting president. The legacy of Mr. Smith’s investigation is shaping up to be a complex one. And for all Mr. Smith’s efforts to avoid having his work enmeshed in politics, Mr. Trump essentially put the voters between himself and federal prosecutors.
Persons: Jack Smith, Donald J, Trump, Smith, Trump’s Organizations: Mr, The, Department, Justice Department Locations: Washington
Auditing experts told BI the available evidence suggests a failure of internal accounting controls. Following the news that Macy's discovered a sizable error in its financial records, auditing experts told Business Insider that the company must now explain how its controls broke down. Without more details, the accounting experts who spoke to BI said it is hard to understand exactly what happened. AdvertisementThe pressure will now be on Macy's auditor, KPMG, to show that it is appropriately scrutinizing Macy's accounting practices and controls, McKenna said. "I wouldn't be surprised if you'll see a material weakness in internal controls because something is not working here," McKenna said.
Persons: Macy's, Jerry Maginnis, Maginnis, Michelle Leder, Francine McKenna, McKenna Organizations: Rowan University, KPMG, BI, Sarbanes, Oxley
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFully expect tariffs to be 'front and center' of the Trump playbook for next 4 years: Mick MulvaneyMick Mulvaney, Actum Strategic Advisors co-chair and former White House chief of staff, joins 'Squawk Box' to discuss Sen. Joni Ernst's proposal to eliminate more than a trillion dollars in federal spending, President-elect Trump's tariff proposals, cabinet selection, and more.
Persons: Mick Mulvaney Mick Mulvaney, Sen, Joni Ernst's Organizations: Trump, Actum, Advisors, White House
The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight quarter of double-digit sales growth and another quarter of results that topped expectations. For the all-important holiday shopping quarter, Abercrombie is expecting sales growth of 5% to 7%, ahead of the 4.8% growth that analysts had expected, according to LSEG. That new outlook is higher than the 12.1% growth analysts had expected, according to LSEG. The Abercrombie and Hollister brands posted comparable sales growth of 11% and 21%, respectively. Horowitz noted the strong performances lapped growth of 26% for Abercrombie and 7% for Hollister last year.
Persons: Fitch isn't, Mike Jeffries, Abercrombie, Fran Horowitz, Horowitz, Hollister, it's, It's, Donald Trump's, , bullishness Organizations: Abercrombie, Fitch, LSEG, NFL, Hollister, Black, Dick's Locations: Manhattan, New York City, Americas
As Musk increasingly turns his attention to politics, Afshar is set to help shepherd Tesla through this volatility. AdvertisementOver the seven years he has spent working for Musk, Afshar has emerged as one of the billionaire's most loyal lieutenants, driven and singularly focused on his goals. Years before Tesla, Afshar studied biomedical engineering at the University of California, Irvine, and worked as a ski instructor. At Tesla and other Musk companies, he said, "the mission is good, and what we're trying to do is right." AdvertisementThe four current and former colleagues said Afshar became lower profile at Tesla in 2022 but continued to work closely with Musk.
Persons: Omead Afshar, Afshar, Elon Musk, Musk, Tesla, Donald Trump, Aly Song, Seth Sharp, Drew Baglino, Rebecca Tinucci, Tom Zhu, Zhu, Elon, Sharp, Omead, Behrad Vahidi, Tesla's, Suzanne Cordeiro, Jared Birchall, Walter Isaacson Organizations: North, Reuters, Tesla, University of California, Bloomberg, Street Journal, of Justice, Securities and Exchange Commission, SEC, DOJ, SpaceX, Financial Times, Twitter Locations: Austin, Germany, North America, Europe, China, Elon, Irvine, Westlake, Los Angeles, San Francisco, Texas, Austin , Texas, Shanghai
AdvertisementTish Cyrus-Purcell says her divorce from Billy Ray Cyrus was difficult even for her kids, who are now adults. "For me, I never wanted to be divorced," Cyrus-Purcell said on a podcast. Tish Cyrus-Purcell says she wanted her marriage to Billy Ray Cyrus to end. Cyrus-Purcell has three kids — Miley, Braison, and Noah — with Cyrus. And a parental divorce can leave adult kids feeling "like that last security blanket is being ripped out from under them," Sussman said.
Persons: Tish Cyrus, Purcell, Billy Ray Cyrus, Cyrus, Kate Hudson, Oliver Hudson, — Miley, Braison, Noah —, Brandi, Dominic Purcell, he'll, Brandi —, , Noah, Hudson, Susan Moss, Moss, it's, " Moss, Rachel Sussman, " Sussman, Sussman, Gabby Landsverk Organizations: Business, CDC Locations: NYC
AdvertisementPresident-elect Donald Trump is expanding his plans for tariffs on Mexico, China, and Canada. Trump's tariff plans could face legal issues, and he may choose not to implement them. The Census Bureau reported that in 2023, the US imported a total of about $1.3 trillion in goods from China, Mexico, and Canada combined. AdvertisementSome companies have already been preparing to increase prices as a result of Trump's tariff plans on the campaign trail. Trump wrote of the Mexico and Canada tariffs.
Persons: Donald Trump, Donald Trump's, Trump, John David Rainey, François Legault, Arturo Sarukhan, Organizations: Business, Census Bureau, Walmart, CNBC, Trump, Companies Locations: Mexico, China, Canada, Quebec, United States, Mexican
Learn moreStreaming services everywhere are offering limited-time-only deals this week, and the Black Friday Paramount Plus deals were just announced. The Paramount Plus Black Friday sale offers reduced rates for monthly plans for the first two months of service. The Paramount Plus deals will be available until December 4, 2024. What is the difference between Paramount Plus Essential and Paramount Plus with Showtime? The Paramount Plus Essential plan costs $60 per year, and the Paramount Plus with Showtime plan costs $120 per year.
Organizations: Business, Friday Paramount Plus, Paramount, Showtime, CBS, Paramount Pictures, Paramount Plus, NFL, Nickelodeon, Comedy Central, BET, MTV, UEFA Champions, UEFA Champions League, Black
With former high-flying gambling stocks struggling so far in the fourth quarter, it's tempting to write off the entire group. MGM is only up about 10% since the August market low, and CZR is slightly above the S & P 500 in terms of performance. Over the same period, we can see that DraftKings Inc (DKNG) is up around 35%, doubling the return of the S & P 500. FLUT has now made a new 12-month relative high, as the strong performance in Q4 has outpaced other gambling stocks as well as the major equity benchmarks. As long as these two gambling stocks continue to demonstrate strong relative strength characteristics, we feel they represent excellent opportunities into year-end 2024.
Persons: FLUT, David Keller Organizations: Caesars Entertainment, MGM Resorts International, MGM, Nasdaq, CMT, CNBC, NBC UNIVERSAL
CNN —Claims that the recent record-breaking boxing match between Jake Paul and Mike Tyson was rigged are “incorrect and baseless … illogical and inane,” the fight’s promoter said in a statement Monday. Jake Paul takes on Mike Tyson in the most-streamed global sporting event ever. Al Bello/Getty Images for NetflixHowever, the fight drew criticism from across social media and the boxing world. “Everyone is talking about how staged this fight was,” said De La Hoya, who is now a promoter, on Instagram. It goes on the record, and it was sanctioned, so Jake Paul paid to get the W on his record.
Persons: Jake Paul, Mike Tyson, Paul, Tyson –, , Al Bello, Hall, Hall of Famer Oscar De La, De, De La Hoya, , Tyson, ” Nakisa Bidarian, ” Bidarian Organizations: CNN, Texas Department, Paul, Netflix, T, ESPN, ESPN BET, Hall of Famer, Hall of Famer Oscar De La Hoya Locations: Arlington , Texas, Las Vegas, De La, Instagram
Three decades before he was tapped to lead the Treasury Department, Scott Bessent was asked to help break another country’s financial system. Then 29 years old, Mr. Bessent, working for the financier George Soros, helped “break” the Bank of England with crushing trades against the British pound. He was on a small team at Mr. Soros’s investment firm that, in 1992, amassed a $10 billion bet that the pound was overvalued. Mr. Soros’s fund earned more than $1 billion, along with credit (and infamy) for orchestrating one of Wall Street’s most audacious trades. When President-elect Donald J. Trump announced his selection of Mr. Bessent as Treasury secretary last week, there was no mention of the connection to Mr. Soros.
Persons: Scott Bessent, Bessent, George Soros, Donald J, Trump, Soros Organizations: Treasury Department, Bank of England, Mr Locations: British
Donald Trump ran on the promise of steep government budget cuts, and some industry experts believe money flowing toward HUD could be on the chopping block. The housing agency provides rental assistance for low-income households, administers mortgage insurance to prospective homeowners and enforces fair housing law. During Trump’s first term, his office repeatedly sought to make steep cuts to HUD’s budget, though they never passed Congress. If Trump successfully implements budget cuts “there will be longer waiting lists for housing vouchers. Liz Osborn, the vice president of policy at Enterprise Community Partners, a nonprofit focused on home access and affordability, said that HUD budget cuts in Trump’s second term aren’t a guarantee, though.
Persons: Scott Turner, Donald Trump, , Bob Greenstein, Turner, Ben Carson, Trump’s, Carl Harris, ” Harris, Bob Broeksmit, Broeksmit, Trump, Ginnie Mae, ” Broeksmit, Elon Musk, Vivek Ramaswamy, that’s, Howard Husock, Biden, ” Husock, Husock, Liz Osborn, , ” Osborn, ” Turner, ” Trump, JPMorgan Chase Organizations: CNN, Department of Housing, Urban Development, Brookings Institution, NFL, National Association of Home Builders, HUD, Mortgage Bankers Association, Federal Housing Administration, “ Department, Government, American Enterprise Institute, Enterprise Community Partners, White, Economic, Scott’s, Urban Institute, JPMorgan Locations: America, Trump’s
AdvertisementA Russian deserter who was an officer at a top-secret nuclear weapons facility spoke to the BBC. A Russian deserter who once served as an officer at a top-secret nuclear weapons facility in Russia said that everybody at the base was regularly subjected to lie-detector tests. The deserter, identified only as Anton for his protection, revealed little-known details about guarding Russian nuclear weapons to BBC News. "There are constant checks and lie-detector tests for everyone," Anton said, offering rare insight into the pervasive paranoia and surveillance on a Russian nuclear base. AdvertisementSince the 2022 invasion, Russian President Vladimir Putin has repeatedly threatened to use nuclear weapons against Ukraine and the West.
Persons: Anton, Vladimir Putin, Putin, he'd Organizations: BBC, BBC News, of American Locations: Russian, Russia, Ukraine
Walmart on Monday confirmed that it's ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. Those companies include Tractor Supply , which said in June it was eliminating DEI roles and stopping sponsorship of Pride festivals. Among the changes, Walmart will no longer allow third-party sellers to sell some LGBTQ-themed items on Walmart's website, including items marketed to transgender youth like chest binders, company spokeswoman Molly Blakeman said. It's also moved away from using the term "diversity, equity and inclusion" or DEI in company documents, employee titles and employee resource groups. Walmart's DEI changes were first reported by Bloomberg News.
Persons: Molson Coors, Bud, Molly Blakeman, George Floyd's, It's, Blakeman, Robby Starbuck, Starbuck, Walmart's Organizations: Walmart, U.S, Tractor Supply, Pride, Ford, Molson, Anheuser, Busch, Bud Light, Human Rights, for Racial Equity, Supply, Bloomberg News Locations: U.S ., America
The latest quarter's earnings and sales fell short of Wall Street analysts' estimates, and the CEO will step down in January. Some analysts had been hoping for weight loss up to 25% in the phase two trial. Zoom earned an adjusted $1.38 per share on $1.18 billion in revenue, against Street estimates of $1.31 in earnings per share and $1.16 billion in revenue. Novo Nordisk , Eli Lilly — The maker of diabetes and weight loss drugs rose between 2% and 5%. The Biden administration introduced a new rule allowing Medicare and Medicaid to the cost of weight loss treatments for Americans suffering from obesity .
Persons: Amgen, Morgan Stanley, Dana, Abercrombie, Bernstein, Donald Trump, Stellantis, Ford, Zoom, Eli Lilly —, Biden, CNBC's Hakyung Kim, Pia Singh, Samantha Subin, Jesse Pound Organizations: Street, HSBC, Franklin Resources, Western Asset Management, Dana Inc, Abercrombie, Fitch, LSEG, Royal Caribbean, Chrysler, General Motors, Energy, FactSet, Zoom Communications, Novo Nordisk Locations: LSEG ., Mexico, Canada
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