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☆ Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
▼ + stars: | 2024-10-31 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the cofounder of Apple Fitness+ to be its next CEO and president. Stern, the president of Ford Integrated Services, primarily oversees the automotive company's subscription services, such as BlueCruise, Pro Intelligence, connectivity and security. Stern is slated to step down from his role at Ford and take the helm of Peloton on Jan. 1. Stern is the third CEO to lead Peloton in its history. "Peter is a seasoned strategist with a track record of driving sustainable growth through innovation, and we have every confidence in his ability to lead Peloton during this important time.

Persons: Peter Stern, Stern, Karen Boone, Chris Bruzzo, Boone, Bruzzo, Peter, Jay Hoag, Barry McCarthy, McCarthy, John Foley Organizations: Ford, Apple, Ford Integrated Services, Pro Intelligence, Interim, Spotify, Netflix

☆ Switzerland is now flirting with deflation, causing a dilemma for its central bank
▼ + stars: | 2024-10-31 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

Urbazon | Istock | Getty ImagesSwitzerland could be at risk of slipping into deflationary territory next year, as a stronger Swiss franc beleaguers policymakers' efforts to get a handle on price growth. The central bank also revised down its forecasts, putting the average annual inflation rate for 2024 at 1.2% from 1.3%, while projecting price increases will grow by 0.6% in 2025, compared with a previous outlook of 1.1%. Foreign exchange (FX) interventions take place when a bank buys or sells its currency in the FX market to raise or lower its value against another currency. Swiss inflation has meanwhile continued to fall. In March, with inflation at 1.2%, the SNB become the first major Western central bank to cut interest rates.

Persons: Thomas Jordan, Adrian Prettejohn, Sophie Altermatt, Julius Baer, Prettejohn, Jordan Organizations: Istock, Getty, Swiss National Bank, Capital, Capital Economics, CNBC, FX Locations: Bern, Switzerland, Adrian Prettejohn Europe, Europe

“I have a plan and strategy,” Ivan Raiklin, a former Green Beret and political operative who has close ties to associates of Trump, told a group of Pennsylvania activists earlier this month. Four years ago, Trump’s unsuccessful efforts to overturn his loss to President Joe Biden didn’t truly materialize until after the election. Brian Snyder/ReutersBut this time around, MAGA activists have been planning to undermine a potential Harris victory well in advance of the election, with some even arguing that state legislators should simply ignore the election results and award electoral votes to Trump by default. “Those looking to overturn the election are way ahead of where they were in 2020,” said Harris. Trump himself has echoed some of the conspiracy theories pushed by his supporters, suggesting that election fraud is rampant in 2024.

Persons: Donald Trump’s, –, Kamala Harris, “, Ivan Raiklin, Trump, Ford Fischer, News2Share, Harris, Joe Biden didn’t, Brian Snyder, MAGA, ” Marc Harris, CNN he’s, ”, Emerald Robinson, ” Patrick Byrne, Greg Locke, Kamala, ” Locke, ” Joe Hoft, Steve Bannon, They’ve, Jamie Raskin, Axios, Raskin, Marjorie Taylor Greene, ” Greene, ” Lara Trump, ” Karoline Leavitt, Andy Harris, Hurricane Helene, disenfranchise, Mike Pence, Raiklin, Mark Finchem, ” Noel Fritsch, ” Fritsch, Fritsch, Karen Brinson Bell, Derek Muller, “ It’s, ” Muller, there’s, Michael Flynn, Flynn, Donald Trump, Andrew Caballero, Reynolds, Donald ”, denialism, Devin Burghart, Pastor Mark Burns of, ” Burns, Burns Organizations: CNN, Green Beret, Trump, Freedom, Reuters, Department of Homeland Security, Federal Bureau of Intelligence, Capitol, Democratic, Democratic Maryland Rep, GOP Georgia, Capitol Police, Republican National Committee, Team Trump, RNC, White, Caucus, Republican, University of Notre Dame, Washington DC, Getty, Colorado’s Department of Public Safety, Property, Global, Institute for Research, Human Rights, America Locations: America, Greeley , Pennsylvania, Tennessee, United States of America, North Carolina, Hurricane, Arizona, Florida, Raiklin, Washington, AFP, Pastor Mark Burns of South Carolina, United States

☆ Ballot box fires: What we know about the suspect
▼ + stars: | 2024-10-31 | by ( Chris Boyette | Steve Almasy | ) edition.cnn.com time to read: +3 min

Investigators have not identified the suspect, Portland Police Chief Bob Day said Wednesday, but police have released a physical description and other information. The Portland Police Bureau has released photos of the suspected vehicle connected to the ballot box fire in Southeast Portland early Monday morning. An “incendiary device” found attached to the side of a ballot drop box in Portland, early Monday damaged ballots, but most were unaffected because of fire suppressant installed in the ballot box. Another fire was set at a ballot box in Vancouver, Washington, the same day. Investigators have also linked the two most recent incidents to a third ballot box fire on October 8, also in Vancouver.

Persons: Bob Day, ”, “ That’s, Mike Benner, suppressant, Jay Inslee Organizations: CNN, Portland Police, Police, ” Police, Volvo, Portland . The Portland Police Bureau, Workers, Washington Gov Locations: Oregon, Benner, Portland ., Southeast Portland, Portland, Vancouver , Washington, Vancouver, Columbia, Clark, Washington

☆ ‘January 6 is going to be pretty fun’: MAGA activists are planning for a possible Harris win
▼ + stars: | 2024-10-31 | by ( Sean Clark | ) edition.cnn.com time to read: 1 min

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☆ UK businesses warn Labour government's tax-raising budget will hurt hiring and boost inflation
▼ + stars: | 2024-10-31 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London, UK, on Wednesday, Oct. 30, 2024. Bloomberg | Bloomberg | Getty ImagesLONDON — British businesses are smarting after Finance Minister Rachel Reeves' bumper tax-rising budget, with analysts warning that the measures could slow hiring and push up inflation. Under the new rules, employer NI will rise by 1.2 percentage points to 15% from April 2025, while the level at which employers start paying NI for workers will drop from £9,100 to £5,000. Rain Newton-Smith, chief executive of the Confederation of British Industry, a business interest group, described it as a "tough budget for business." That is because businesses could pass on the additional costs to consumers by increasing the price of their products.

Persons: Rachel Reeves, Reeves, —, Roger Barker, Barker, Mike Kemp, Andrew Martin, Newton, Smith, Morgan, Andrew Sheets, CNBC's, Morgan Stanley Organizations: Bloomberg, Getty, LONDON, National Insurance, Labour, Conservative, Institute of, Institute of Directors, of British Industry, Corporation, Insurance, CNBC, Bank of, Morgan Locations: London, City of London, United Kingdom

But for some Arizona voters, only Trump’s election denialism is resonating. A Fox News poll in late August found 32% of Arizona voters surveyed didn’t believe Biden was legitimately elected president. Taylor Hammond, 30, a real estate agent from Phoenix, doesn’t believe Trump lost in 2020. Speaking at a campaign event in Tucson in 2022, Lake said: “We don’t have any McCain Republicans in here, do we? But for other voters, Lake’s false claims about her election loss resonated.

Persons: Donald Trump, Kari Lake, John Giza, Trump, “, parroting Trump’s, Lake’s, Katie Hobbs, ”, Karen Miller, Miller, ” Miller, “ It’s, Brendan Dolleman, Pinal County Sheriff Mark Lamb, Dolleman, Lamb, Ruben Gallego, Sen, Kyrsten Sinema’s, Kamala Harris, Joe Biden, Bill Clinton, didn’t, Biden, Taylor Hammond, Hammond, Lake, ” Hammond, Tyler Hammond, Stephen Richer, don’t, “ I’m, John McCain, McCain, Cindy McCain, ” Neil Rubin, Rubin, Dana Morrison, Hobbs, ” Morrison, Sally Foree, ” Barrett Marson, wasn’t, “ Donald Trump, ” Marson, “ There’s Organizations: Arizona GOP, Walmart, Trump, Lake, NBC News, Senate, ”, Pinal County Sheriff, Republican, Democratic Rep, Democrat, Arizona, Fox, Republicans, Voting, Fox News, Dominion, Mar, Republican Maricopa, CNN, Arizona Republican, “ McCain Republicans, McCain, McCain Republicans, Democratic Locations: Arizona, Giza, Prescott Valley, Scottsdale, Pinal County, ”, Gallego, Maricopa, Phoenix, Republican Maricopa County, Tucson, America, Peoria, Ahwatukee

☆ Police say they think man suspected of setting fires at ballot boxes in the Portland, Oregon, area intends to strike again
▼ + stars: | 2024-10-30 | by ( Chris Boyette | Steve Almasy | ) edition.cnn.com time to read: +5 min

Fires were set at three ballot boxes in the area in the past three weeks. An “incendiary device” found attached to the side of a ballot drop box in Portland, Oregon, early Monday damaged ballots, but most were unaffected because of fire suppressant installed in the ballot box. Investigators have also linked the two incidents to a third ballot box fire on October 8, also in Vancouver, which is just across the Columbia River from Portland. All ballot boxes in Multnomah and Clark counties – where Portland and Vancouver are located, respectively – have fire suppressant installed, election officials said at a news conference Monday. In Clark County, Washington, 60% of the ballots received are from ballot drop boxes and 40% are received by mail, according to Clark County Auditor Greg Kimsey.

Persons: ”, Mike Benner, suppressant, Bob Day, “ That’s, Greg Kimsey, “, Scott, Tim Scott, CNN’s Josh Campbell, Taylor Romine Organizations: CNN — Investigators, Portland Police, Police, ”, Washington, Volvo, US Department of Homeland Security, DHS, Devices, The New York Times Locations: Oregon, Vancouver , Washington, Portland , Oregon, Portland, Vancouver, Columbia, Portland ., Multnomah, Clark, –, Washington, Oregon’s Multnomah, Clark County , Washington, Clark County

UK Finance Minister Rachel Reeves makes a speech during the Labour Party Conference that is held at the ACC Liverpool Convention Center in Liverpool, UK on September 23, 2024. LONDON — Nearly four months after taking office, the U.K.'s Labour government is set to unveil its debut budget on Wednesday, with markets braced for a major fiscal shake-up. "There's a huge amount of interest in this budget," Amanda Tickel, head of tax and trade policy at Deloitte U.K., told CNBC on Tuesday. Tickel forecast £35 billion ($45.4 billion) worth of tax rises and £5 billion in spending cuts to plug what Finance Minister Rachel Reeves says is a "big gap" in the budget. We haven't had a Labour government for 14 years, and they're going to want to make their mark on the tax system," she said.

Persons: Rachel Reeves, Amanda Tickel, haven't, we've, Reeves Organizations: Labour Party Conference, ACC Liverpool Convention Center, LONDON, Labour, Deloitte, CNBC Locations: Liverpool, London

☆ The stunning maneuvers flown by US Air Force demo pilots showcase dogfighting skills
▼ + stars: | 2024-10-30 | by ( Lauren Frias | ) www.businessinsider.com time to read: +8 min

US Air Force demo pilots perform airshow stunts derived from real-world combat training. Air Force demo pilots shared what it's like to wow audiences with skills used on the battlefield. But for Air Force demonstration pilots, these techniques aren't just crowd-pleasers. F-16 Fighting Falcon aircraft with the US Air Force Thunderbirds Air Demonstration Squadron fly in close formation. US Air Force photo/Tech.

Persons: —, aren't, Tyler, Clark, Sgt, Patrick Evenson, Lockheed Martin, Jeffrey " Simmer, Downie, there's, Christopher Boitz, Samuel " RaZZ, Larson, " Larson, Greg Mathieson, Mai, Nicholas, Laz, Le, Le Tourneau, Raz, Robert Laberge, that's Organizations: US Air Force, Air Force, Service, Air, Business, Pacific, US Air Force Thunderbirds Air Demonstration Squadron, US Air National Guard, Thunderbirds, Lockheed, Thunderbird, Freedom Sentinel, North American Aerospace Defense Command, Getty Images Air Force, Air Forces, Air National Guard, Guard Locations: Huntington Beach , California, Ukraine, Afghanistan, Middle East, Alaska

They argue that Casey, a middle-of-the-road liberal, had previously not been at the forefront of the populist economic turn in both parties. Casey’s Senate website dedicates an entire page to “greedflation,” which he also discussed at length in his speech at the Democratic National Convention this summer. The core of Casey’s argument is the assertion that, from July 2020 to July 2022, corporate profits rose five times faster than overall inflation. I would concede the economy has gotten better,” said McCormick, who has run an ad to counter Casey on the topic. “If you’re living paycheck to paycheck, you’re still in the grind, and that’s what I think Bob Casey and Kamala Harris do not understand.

Persons: Sen, Bob Casey, “, Casey, “ greedflation, ”, Mike Mikus, ” Dave McCormick, I’m, they’re, they’ve, “ greedflation ”, Joe Biden, Kellogg’s, Clark, Proctor, McCormick, ” Sen, Raphael Warnock, Donald Trump, Maria Collett, greedflation ”, “ It’s, ‘ greedflation, Biden’s, Kamala Harris, Harris, pollsters, you’re Organizations: GOP, Democratic, Republican Senate, Federal Trade Commission, Senate, Gamble, Disney, Convention, Federal Reserve Bank of Kansas, NBC, San Francisco Federal Reserve, The Washington Post, Republican, NBC News, Republicans, ” “, Federal Reserve Locations: ”, Pennsylvania, Haverford Township, Kimberly, Federal Reserve Bank of Kansas City, U.S

☆ Willie Nelson talks about grief, legalizing marijuana and that Beyoncé collaboration
▼ + stars: | 2024-10-29 | by ( Andrew Kirell | Andrew Kirell Is A News Editor With Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

Willie Nelson is no stranger to confronting his mortality. (“When I listened back to my dad’s vocal on it, I just started bawling,” Micah Nelson said in the album’s accompanying essay.) He expressed joy about working with Micah Nelson, 34, who played a key role in making the album. He then launched into rollicking versions of the classics “Mammas Don’t Let Your Babies Grow Up to Be Cowboys” and “On the Road Again.”“We’re feeling hopeful,” Annie Nelson said on the call. “He doesn’t want to make Bob Dylan sad,” Annie Nelson chimed in.

Persons: Willie Nelson, ”, Micah Nelson, Tom Waits, “, Nelson, —, Kris Kristofferson, “ I’ve, ” Nelson, ” Warren, ” Micah Nelson, Kristofferson, Toby Keith, Loretta Lynn, Paul English, Bobbie Nelson, Johnny Cash, Merle Haggard, Waylon Jennings, Guy Clark, Nelson’s, Rene Butts, Billy, ” Willie, Neil Young, “ I’m, Annie D’Angelo Nelson, “ Micah, Waits, Young, Beck, Carter, ‘ Heck, ” Nelson's, Kamala Harris Nelson, Kamala Harris, hasn’t, Joe Biden, Beto O’Rourke, Harris, Colin Allred, Kamala ”, Harris ’ Beyoncé, ’, ” Harris, Walz, ” Annie Nelson, Willie, Andrea Drummer, “ Willie, ” Annie, Bob Dylan, Annie Nelson chimed, “ Bob Dylan doesn’t Organizations: Rep, Harris and, Cowboys Locations: Harris and Texas, Florida, Dallas, Houston, West Hollywood , California, U.S

“Make no mistake, an attack on a ballot box is an attack on our democracy and completely unacceptable,” Oregon Secretary of State LaVonne Griffin-Valade said Monday. All ballot boxes in Multnomah County and Clark County have fire suppressant installed, election officials said during a news conference Monday. Voting in Oregon and Washington is done almost entirely by mail or ballot drop off. Enhanced ballot box securityA damaged ballot drop box is displayed during a news conference at the Multnomah County Elections Division office on Monday in Portland, Oregon. Following the ballot box fires, Gluesenkamp Perez requested overnight law enforcement patrols at drop boxes through Election Day.

Persons: LaVonne Griffin, Valade, ”, Steve Hobbs, “, Jenny Kane, Tim Scott, Greg Kimsey, Kimsey, Scott, ” Jay Riestenberg, John Burnside, ” Burnside, They’ve, Burnside, “ It’s, ” “, Mike Benner, Amanda McMillan, Jay Inslee, Jessica Vega Pederson, Tina Kotek, Inslee, Marie Gluesenkamp Perez, Gluesenkamp Perez, CNN’s Kaitlan Collins, I’m, ” Larry Olson, suppressants, ” Olson, CNN’s Nicole Chavez, Taylor Romine, David Williams, Natasha Chen Organizations: CNN, US Department of Homeland Security, Division, Portland Police, Portland Police Bureau, Vancouver Police Department, US Postal Service, . Portland Police, ” Police, Volvo, Oregon Department, Driver, Vehicle Services, Washington Gov, Congressional, Rep Locations: Pacific Northwest, Portland, Vancouver , Washington, Vancouver, Oregon, Washington, Multnomah, Portland , Oregon, Multnomah County, Clark, Clark County, In Oregon, Southeast Portland, Seattle, Washington’s, American, Oregon’s Multnomah County

☆ Smells Like Teen Spirit: Inside Gen Z's Luxury Perfume Obsession
▼ + stars: | 2024-10-29 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +12 min

AdvertisementBehind the booming appetite for new smells is Gen Z. AdvertisementIf there's one thing Gen Z loves, it's a name for something. Under the handle @juliaperfumery, she shares perfume reviews for her primarily Gen Z audience against the backdrop of her New York City apartment's perfume closet. "If there's one thing Gen Z loves, it's a name for something," O'Toole says. There are back-to-school scents, scents to win your ex back, scents to smell like Vanessa Paradis in Paris in the '90s — the list goes on.

Persons: Julia Dovgal, douse, mother's Chanel, Dior, Jo Malone's, Wood, Dovgal, She's, Circana, Gen Zers, Gen Xers, It's, Piper Sandler, Valentino, Jean Paul Gaultier, Maison Francis Kurkdjian's, TikTok, Phlur, —, it's, Juliette, Emelia O'Toole, There's, O'Toole, We've, Vanessa Paradis, Piper, Cathrine Jansson, Boyd, " Jansson, Gen Z, Chanel, Marilyn Monroe, Catherine Deneuve, Nicole Kidman, isn't, Gris Charnel, Jansson, Bella, Susan Wai Hnin, Zers Organizations: Saks, Perfume, Anglia Ruskin University, Urban Outfitters, rockstar Locations: Salt, Bath, New York City, TikTok, New York, Paris, London

☆ I'm a California teacher who thinks phone use in classrooms is a big problem. I'm not convinced a new law will solve it.
▼ + stars: | 2024-10-29 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

California teacher Joelle Clark said phones are a distraction and policies on their use can be hard to enforce. AdvertisementThis as-told-to essay is based on a conversation with Joelle Clark, a 28-year-old public school teacher in California, about the state's new law requiring schools to develop a policy that limits smartphone usage by July 1, 2026. I'm a six-year teacher, and I teach special-ed high school students with mild to moderate learning disabilities. So, I moved out to California and I came into a school where students are constantly on their phones. Maybe we should have a class on phones to teach kids healthy habits and the danger of media.

Persons: Gavin Newsom, Bill, Joelle Clark, Clark, —, I'm, They're Organizations: Service, Apple Locations: California, Chicago

☆ Lindsay Lohan wore the unsexiest Halloween costume ever in Mean Girls
▼ + stars: | 2024-10-29 | by ( Alexandra Willingham | ) edition.cnn.com time to read: +5 min

CNN —If Halloween had a fashion handbook, the party scene from the 2004 classic “Mean Girls” would take up a whole chapter. Paramount+/ImdbIn the two decades since “Mean Girls,” came out, the Halloween costume spectrum has filled with more choice — and a lot of creativity. Dressing up sexy for Halloween has been going on for decades, but more people also seem to be embracing alternative aesthetics for the season. Heidi Klum is one of the celebrities flipping the script on dressing for Halloween in recent years. The model is seen here in her 2022 Halloween costume - a worm.

Persons: Lindsay Lohan’s, ” Cady Heron, Cady, —, ”, Aaron Samuels, Lindsay Lohan's, Karen Smith gasps, Karen, Cady mumbles, Aaron, Heidi Klum, Betty Boop, Stanley, can’t, Bauer, Griffin, Cady Heron’s, Frankenstein, Bee Regina George, Rachel McAdams, Bunny, Reneé Rapp, Tom Broecker, “, Buzzfeed, Joan of Arc Organizations: CNN, Plastics, Paramount, YouTube Locations: Regina

Donald J. Trump @realDonaldTrump americanthinker.com/blog/2024/... www.americanthinker.com The real reason Boeing is in the news In short, China wants Boeing out. Inside Trump’s Truth Social Conspiracy Theory Machine An analysis of Donald Trump’s Truth Social posts reveals the paranoid and unfounded content the former president creates and amplifies each day. In addition to the posts themselves, the analysis zeroed in on the 170 Truth Social accounts that Mr. Trump had amplified on the platform. A spokeswoman for Truth Social did not answer questions from The Times about the company’s policies on conspiratorial content and the accounts that spread it. From July to September, Truth Social received an average of about 4.7 million unique monthly visitors, according to the web analytics firm Similarweb.

Persons: Donald Trump, Donald J, Trump, Biden, Trump baselessly, JOE BIDEN, Donald Trump’s, Trump’s, ”, Joseph Uscinski, George Soros, globalist, Harris, Mr, Kamala Harris, Hurricane Helene, Crooked Joe Biden, Hunt, be us, HAP E, OR F, REGIS, ony Biden, ree, Joe, O., asser t, ruth Socia, Soros, Harri, MAGA, ruth e, ange, ron y m “NCSW, “He, accou, SOROS, ruth S, ove, uther, tim e, y., the 2020, ravi, orme Organizations: Trump, “, OPEN, PLAN ”, Mr, Boeing, FOX, WIN, Truth, Times, The Times, Social, University of Miami, Democratic Party, Democratic, Federal Emergency Management Agency, Justice Department, White, DOJ, UF, UT, ims, acc Locations: China, York, ”, Nord, Ukraine, Hurricane, America, ife, Abo, TIR

Ballot drop boxes in Portland, Oregon, and neighboring Vancouver, Washington, were set on fire early Monday morning, police said, just over a week out from Election Day. The Portland Police Bureau said an "incendiary device" was placed inside of a sidewalk ballot box in the Central City district. At around 4 a.m. local time, about a half-hour after the reported fire in Portland, police in Vancouver also responded to a ballot box fire. Earlier this month, the Vancouver bomb squad responded to reports of a "suspicious device" near a downtown ballot box, police said. The device was "safely removed" and the ballot box itself was "not compromised," according to a news release.

Persons: Greg Kimsey, Shasti Conrad, Kimsey, Marie Gluesenkamp Perez, Donald Trump, Joe Kent Organizations: Vancouver . The Portland Police Bureau, Officers, Portland police, Unit, NBC News, Disposal Unit, FBI, Vancouver, Washington State Democratic Party, Congressional, Democratic Rep, Republican, U.S . Postal, Police Locations: Portland , Oregon, Vancouver , Washington, Portland, Vancouver ., Central City, Vancouver, Multnomah County, Clark County, Washington's, Phoenix

☆ U.S. Treasury yields continue their ascent after hitting a 3-month high last week
▼ + stars: | 2024-10-28 | by ( Karen Gilchrist | ) www.cnbc.com time to read: 1 min

The 10-year Treasury yield rose more than five basis points to 4.284%, while the 2-year Treasury added three basis points to 4.126%. The yield on the 10-year U.S. Treasury continued its ascent on Monday, after hitting a three-month high last week. The yield on the 10-year Treasury hit a three-month high on Wednesday, topping 4.25%, before dipping slightly to close out the week. Monday is light on the data front, but traders are looking ahead this week to fresh jobs figures and consumer confidence data in the lead up to the U.S. presidential election on Nov. 5. Investors will also continue to digest a slew of central bank commentary following last week's IMF meetings in Washington, D.C., with Federal Reserve policymakers now in a blackout period which prevents commentary ahead of next week's interest rate decision.

Organizations: Treasury, U.S, Washington , D.C, Federal Reserve Locations: Washington ,

☆ Britain's Labour government to deliver debut Budget this week, settling weeks of uncertainty
▼ + stars: | 2024-10-28 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

UK Finance Minister Rachel Reeves makes a speech during the Labour Party Conference that is held at the ACC Liverpool Convention Center in Liverpool, UK on September 23, 2024. LONDON — U.K. Finance Minister Rachel Reeves will deliver the government's hotly awaited debut budget on Wednesday, putting to bed weeks of uncertainty over potential tax hikes and spending cuts. Reports suggest that the Treasury could target public sector net financial liabilities (PSNFL) in the U.K.'s measure of debt, rather than public sector net debt. The PSNFL measure takes in a wider account of the government's balance sheet, including financial assets and liabilities, than public sector net debt. In a note Friday, Goldman Sachs estimated that the changes could increase the government's fiscal headroom by around £50 billion ($65 billion).

Persons: Rachel Reeves, — Labour's, —, Keir Starmer, Reeves, Goldman Sachs, Goldman sachs Organizations: Labour Party Conference, ACC Liverpool Convention Center, LONDON, Finance, Sky News, Financial Times, Treasury Locations: Liverpool

☆ US approves $2 billion in arms sales to Taiwan including advanced missile defense system
▼ + stars: | 2024-10-28 | by ( Story The Associated Press | ) edition.cnn.com time to read: +2 min

Taipei, Taiwan AP —The United States has approved $2 billion in arms sales to Taiwan, including the first-time delivery to the self-ruled island of an advanced surface-to-air missile defense system, in a move that has drawn China’s criticism. Taiwan’s presidential office on Saturday thanked Washington for greenlighting the potential arms sales. Beijing last week held war games encircling Taiwan for the second time since Lai took office in May. The NASAMS system has been battle-tested in Ukraine and will help to strengthen the Taiwanese army’s air defense capabilities, Taiwan’s Defense Ministry said. China’s war games last week were aimed at practicing the “sealing off of key ports and key areas” around Taiwan, according to Chinese officials.

Persons: Washington, Lai Ching, Lai, ”, Karen Kuo, Sam Yeh, “ Organizations: Taiwan AP, Military, Getty, Foreign Ministry, Air Missile Systems, State Department’s Bureau, Political, Military Affairs, Taiwan’s Defense Ministry Locations: Taipei, Taiwan, United States, China, Beijing, Taiwan Strait, Pingtung county, AFP, Ukraine

☆ Dodgers dominate Yankees to move within 1 win of World Series victory
▼ + stars: | 2024-10-28 | by ( Andy Mccullough | ) www.nytimes.com time to read: +8 min

“Four more wins!”After a 4-2 victory on Monday over the New York Yankees in Game 3 of the World Series, the Dodgers are on the doorstep of a championship, one far different than the title marred by COVID-19 restrictions in 2020. The first World Series game at Yankee Stadium since 2009 ended as the last two did in Chavez Ravine, with the Dodgers exultant and the Yankees lamenting missed chances. No team in World Series history has overcome a 3-0 deficit. “Hopefully we can go be this amazing story and shock the world,” Yankees manager Aaron Boone said. “If he is able to play, willing to play, he’s going to play,” Roberts said on Sunday afternoon.

Persons: Dave Roberts, hoarse, ” Roberts, Freddie Freeman, “ We’ve, ”, Freeman, Walker Buehler, Clark Schmidt, Freeman’s, Luis Gil, Aaron Judge, Aaron Boone, we’ve, Ohtani, “ Schmidt, Freeman pounced, Judge, “, Tommy Edman, Mookie Betts, Juan Soto, Edman, deke, Buehler, Giancarlo Stanton, Stanton lumbered, Betts, Jazz Chisholm, Anthony Volpe, Teoscar Hernández, Stanton, Hernández, Will Smith, ” Buehler, Boone, benching, Austin Wells, “ Righties, ” Boone, Tommy John, Roberts, “ There’s, Luke Hales Organizations: Dodger, National League, Los Angeles Dodgers, New York Yankees, Dodgers, Yankee, Yankees, ” Dodgers, Los Angeles bullpen, Buehler, ” Yankees, Boston Red Sox Locations: Los Angeles, Chavez, Bronx

☆ Ballot drop box fires under investigation in Oregon, Washington
▼ + stars: | 2024-10-28 | by ( Nicole Chavez | ) edition.cnn.com time to read: +2 min

CNN —Authorities are investigating after at least two ballot boxes were set on fire Monday morning in the Portland, Oregon, area. Police responded to a call about a fire in Portland about 3:30 a.m. Monday, the Portland Police Bureau said in a statement. An “incendiary device” was placed inside the box and security personnel extinguished the fire, officials said. A second ballot box was set on fire early Monday morning at a bus station in nearby Vancouver, Washington, according to the Vancouver Police Department. When officers arrived, they found a “suspicious device” next to the box, which was smoking and on fire, police said.

Persons: Laura Shepard, Marie Gluesenkamp Perez, Donald Trump, Republican Joe Kent Organizations: CNN — Authorities, Police, Portland Police Bureau, CNN, Vancouver Police Department, Transit Center, KPTV, Congressional, Rep, Democrats, Republican, Green Beret, Phoenix Police Department Locations: Portland , Oregon, Portland, Multnomah, Vancouver , Washington, Clark, TRAN, Vancouver, Washington’s, Phoenix

☆ 1960s civil rights protesters who staged historic sit-in finally have arrest records cleared
▼ + stars: | 2024-10-25 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

Then the Black Benedict College student sat at a whites-only lunch counter in South Carolina and got himself arrested. The movement started in Greensboro, North Carolina, and spread through the South in the early 1960s. “It made me feel good we were a part of this movement that had helped to make everything easier for everyone to get along a little better in South Carolina,” Barr said. University of South Carolina professor Bobby Donaldson spoke on behalf of the five men who died. The arrests and convictions of the seven men went all the way to the U.S. Supreme Court.

Persons: Simon Bouie, wasn’t, Bouie, ”, “, ” Bouie, Jim Clyburn, Emily, Charles Barr, — David Carter, Johnny Clark, Richard Counts, Milton Greene, Talmadge Neal —, Barr, ” Barr, Bobby Donaldson, ” Donaldson, Byron Gipson, —, ” Gipson, Robert Hood, ” Hood, didn’t, ‘, I’m Organizations: Black Benedict College, Eckerd, African, Columbia wasn’t, U.S . Rep, University of South, U.S, Supreme, Civil Locations: South Carolina, Columbia, Greensboro , North Carolina, Richland, University of South Carolina, Richland County

The decision not to publish the Harris endorsement was made by The Post’s owner, billionaire Amazon founder Jeff Bezos, according to the sources. We don’t see it that way," Will Lewis said in a statement about the decision published on The Post's website. The Post has endorsed a presidential contender in every general election since 1992. Trump sharply criticized Bezos during his presidency and derided the newspaper as "The Fake News Washington Post." Shortly after The Post announced its decision, Soon-Shiong tweeted a screenshot of an article about the news.

Persons: Harris, Jeff Bezos, Will Lewis, Lewis, —, Marty Baron, Baron, Donald Trump, Bezos, Trump, Karen Attiah, Kamala Harris, Semafor, Patrick Soon, Mariel Garza, Garza, Shiong Organizations: Washington, Amazon, NBC News, News Washington Post, Los Angeles Times, Columbia Journalism, White, Editorial, Post

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