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CNN —President Joe Biden’s climate law is on the chopping block as Republicans prepare to have full control in Washington. But it’s not just Democrats gearing up to protect the Inflation Reduction Act’s clean energy policies. In other words, if Republicans successfully repeal Biden’s climate and clean energy law, their districts stand to lose the most. Conservative groups and companies who are using the clean energy tax credits are already starting to lobby lawmakers to save them. “To demonstrate that these tax credits are really a net profit for the economy, that really is the name of the game.”
Persons: Joe Biden’s, it’s, Donald Trump, Buddy Carter, Trevor Houser, Trump gunning, ” Houser, Carter, Mike Johnson, Johnson, , , Richard Hudson —, , Adrian Deveny, they’ll, Heather Reams Organizations: CNN, Republican, ” Republican, Republicans, Massachusetts Institute of Technology, Congressional Republicans, Trump, Hyundai EV, Hyundai, North Carolina Rep, Toyota, MIT, Climate Vision, Conservative, Citizens, Responsible Energy Solutions Locations: Washington, Georgia, Carter’s Georgia
Video: New Zealand MPs disrupt parliament with haka
  + stars: | 2024-11-15 | by ( Ak Pohlers | ) edition.cnn.com   time to read: +1 min
New Zealand MPs disrupt parliament with hakaThe New Zealand Parliament was suspended after Maori members staged a haka to disrupt the vote on a contentious bill to reinterpret an 184-year-old treaty between the British and Indigenous Maori. First signed in 1840 between the British Crown and more than 500 Maori chiefs, the Treaty of Waitangi lays down how the two parties agreed to govern. The interpretation of clauses in the document still guides legislation and policy today. Rulings by the courts and a separate Maori tribunal have progressively expanded Maori rights and privileges over the decades. The ACT New Zealand party, a junior partner in the ruling center-right coalition government, proposed a bill to enshrine a narrower interpretation of the Waitangi treaty in law.
Organizations: British Crown, ACT New Zealand Locations: Zealand, Waitangi
the answer for many older voters ages 50 and over was "no," according to a new post-election poll released by the AARP. Almost half — 47% — of voters ages 50 and over said they are "worse off now," the research found, while more than half — 55% — of swing voters in that age cohort said the same. Among voters 50 to 64, Trump won by seven points. With voters ages 65 and over, Vice President Kamala Harris won by two points. Interviews were conducted with 2,348 "likely voters" in targeted congressional districts following Election Day between Nov. 6 and 10.
Persons: Donald Trump, Trump, Kamala Harris, Fabrizio Ward, Bob Ward, Ward Organizations: AARP, Finance, Research, Republican Locations: Bethlehem , Pennsylvania
If you're going to try the city's famous hot chicken, do it right — and learn some of the history first. Not all Nashville hot chicken is the same. bhofack2/Getty ImagesIf there's one thing that's more synonymous with Nashville than music, it's hot chicken. Today, hot chicken pops up on menus across the city with all sorts of variations, but the dish has a long history in the Black community of Nashville. And I definitely think it's worth making the trip to Prince's to get the original hot chicken.
Persons: It's, Prince, casanova Thorton Prince, Prince Jeffries , Organizations: Nashville Locations: Nashville, Black, Southern foodways, Prince's
At 50, Jennie Young started using several dating apps and felt that they were all toxic. The Burned Haystack Dating Method began as an academic project and now has a Facebook group with over 128,000 members. In February 2023, she started a Facebook group for the Burned Haystack Dating Method. Articles from 2024 alone included: "It's Not You: Dating Apps are Getting Worse" in The New York Times; "America is Sick of Swiping: Dating Apps are Falling Back to Earth" in The Atlantic; and "Why Gen Z is Ditching Dating Apps" in Time. The project evolved into a new dating method that I named the Burned Haystack Dating Method.
Persons: Jennie Young, Young, , I'm, I've, swiped, swipes, it's, Albert Fox Cahn, Cahn, respresentive, Bumble Organizations: Service, University of Wisconsin, The New York Times, Facebook, Match Group, Match Locations: Green, The
Goldman Sachs named 95 partners last week, including private wealth exec Brittany Boals Moeller. AdvertisementBrittany Boals Moeller, one of Goldman Sachs' newly minted partners, didn't picture a career in finance when she joined the bank 17 years ago. The 39-year-old is based in Atlanta and runs the Southeast region of Goldman Sach's private wealth division. While wealth management clients skew older, the division has a pipeline of rich millennial founders who work with the investment banking arm. Goldman Sachs' family office offering, Apex, launched a few years later.
Persons: Goldman Sachs, Brittany Boals Moeller, , I've, Goldman, Boals Moeller, John Mallory, Tucker York, Ciara, Marc, Kwesi Farrell, John Paul DeJoria, Michelle Hynik, It's Organizations: Service, New York University, Goldman, Catering, Utah Royals, Advisors Locations: Jonesboro , Arkansas, Atlanta, Apex, Deer Valley, Copenhagen, Deer
CNN —A Russian-controlled segment of the International Space Station is leaking, allowing pressure and air to bleed out. The situation has reached a fever pitch as cosmonauts scramble to patch problem areas and officials from Russia’s space agency, Roscosmos, and NASA disagree about the severity of the problem. Looming space station issuesNASA has contingencies in place for crew safety, but the space agency is also grappling with the fact that the leaking Russian module may pose a threat to the safety and longevity of the space station. In addition to Roscosmos, they include the Canadian Space Agency, European Space Agency and Japan Aerospace Exploration Agency. Still, it’s not clear whether the commercial destinations will be ready before the space station is forced to retire.
Persons: CNN —, , , Bob Cabana, Roscosmos, ” Cabana, Cabana, Matthew Dominick, Michael Barratt, Jeanette Epps, Alexander Grebenkin, NASA's, Aubrey Gemignani, ” Roscosmos, , “ We’ve, ” Barratt, “ It’s, Oleg Novitskiy, Barratt —, Dana Weigel, compadres, Barratt, Don Pettit, Pettit, Sunita Williams, Butch Wilmore, Nick Hague, Aleksandr Gorbunov, Jeff Bezos, it’s Organizations: CNN, International, NASA, NASA’s, ISS, SpaceX, NASA's Kennedy Space Center, United, , Roscosmos, Space Station NASA, Zvezda, Station, Space Station, Russian Soyuz, Soyuz, SpaceX Crew, Canadian Space Agency, European Space Agency, Japan Aerospace Exploration Agency, Origin Locations: Zvezda, United States, Russia, Florida, Russian
AdvertisementThis as-told-to essay is based on a conversation with Setu Shah, founder of Financial Doula. Here are the three items that all parents should budget for during the first year and beyond. Physical and mental healthIn the first year postpartum, there are so many small supports that can help parents, especially moms. AdvertisementSometimes, women need help in justifying these costs, especially if their male partner is making more money than they are. These 2 questions can help open money conversationsHaving a baby brings a lot of financial stress that many couples haven't faced before.
Persons: Setu Shah, , I'd, I've, haven't, I'm Organizations: Service
Three attempts to capture author James Patterson’s massive Alex Cross thriller franchise flopped on the big screen. But Prime Video is betting that the small screen will be the right home for the titular detective with the new series “Cross,” starring Aldis Hodge, debuting Thursday. Keri Anderson / Prime VideoTelling the Cross story through a TV series gives the producers more space to explore the world and the character. Tyler Perry starred in “Alex Cross” in 2012. “I also wanted to bring in the fact that there’s some sexiness to this character,” Watkins added.
Persons: James Patterson’s, Alex, , Aldis Hodge, Hodge’s, Alec Hardison, Decourcy Ward, Noah, Alex Cross, , ” Hodge, We’re, ” Ben Watkins, Chris Frawley, Damon, Janelle, Maria, Nana Mama, John Sampson, Elle, Ben Watkins, ” Watkins, you’re, you’ve, Keri Anderson, ’ ” Morgan Freeman, Tyler Perry, “ Alex Cross ”, there’s, who’s, Melody Hurd, Caleb Elijah, Alex Cross's, Hodge, Watkins Organizations: NBC News, D.C, Washington Locations: “ City, Los Angeles
Finding ways to attract consumers to buy packaged goods stretches back to the 1920s when American psychologist Daniel Starch created the world's first market research study. Founded in Singapore in 2018, the startup provides AI-powered market research with real-time predictive analytics. Rival firms include ZoomInfo Sales, Trajaan and Brandwatch Consumer Intelligence, all of which deploy a variety of technology to comb through consumer data and marketing trends. Somsubhra Gan Choudhuri, co-founder and CEO Ai Palette, said AI can take up much of the brain power usually done by people. Along with VC investors, Ai Palette has had the backing of the Singapore government, which is committing more than three quarters of a billion Singaporean dollars ($7,500,000) to AI development to strengthen its AI ecosystem.
Persons: Daniel, Ai, Gan Choudhuri, CNBC's, Choudhuri, Kellogg, Conor Delahunty, Vishal Harnal Organizations: ZoomInfo, Brandwatch Consumer Intelligence, CNBC Tech, Diageo, Nestlé, Pepsico, Symrise, Global, Venture Locations: Singapore, Thailand, Indonesia, Malaysia, Philippines
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis is a great opportunity to rebalance fixed-income allocations, says Schwab's Omar AguilarOmar Aguilar, Schwab Asset Management CEO & CIO and Brooke May, Evans May Wealth managing partner, joins 'Closing Bell: Overtime' to discuss markets and economy.
Persons: Schwab's Omar Aguilar Omar Aguilar, Brooke May, Evans Organizations: Schwab Asset Management, Wealth
The Onion has won the bid for Infowars’ assets
  + stars: | 2024-11-14 | by ( Hadas Gold | ) edition.cnn.com   time to read: +5 min
CNN —Satirical news site The Onion won the auction to acquire conspiracy theorist Alex Jones’ Infowars, which was sold off as part of a defamation settlement after he falsely called the Sandy Hook Elementary School massacre a hoax. The Onion’s bid was backed by the families of eight victims of school shooting and one first responder. Jones was previously ordered to pay $1.5 billion to families of the Sandy Hook shooting victims. Jones had used Infowars to spread some of the most disturbing and disgusting lies and conspiracy theories into the public discourse. Though Collins declined to detail the bid amount, he said it was the highest and that the funding came from The Onion itself.
Persons: Alex Jones ’, Jones, Sandy Hook, he’s, motorhome, , Ben Collins, ” Alex Jones, David J, Phillip, Collins, “ We’re, Chris Mattei, Alex Jones, Robbie Parker, Emilie, Infowars, Jones ’, Oliver Darcy Organizations: CNN, Elementary, Gun Safety Locations: Sandy, Houston, harm’s
REUTERS —New Zealand’s parliament was briefly suspended on Thursday after Maori members staged a haka to disrupt the vote on a contentious bill that would reinterpret a 184-year-old treaty between the British and Indigenous Maori. Rulings by the courts and a separate Maori tribunal have progressively expanded Maori rights and privileges over the decades. Parliament was briefly suspended as people in the gallery joined in, and shouting drowned out others in the chamber. ACT New Zealand leader David Seymour said people who oppose the bill want to “stir up” fear and division. New Zealand's parliament was briefly suspended on Thursday after Maori members staged a haka to disrupt the vote on a contentious bill that would reinterpret a 184-year-old treaty between the British and Indigenous Maori.
Persons: Te, David Seymour Organizations: REUTERS, British Crown, ACT New Zealand, New Zealand’s rugby, Parliament, New, Coalition, National Party Locations: Waitangi, New Zealand, New, Wellington
Amazon representatives met with the House China committee in recent months to discuss lawmaker concerns over the company's partnership with TikTok, CNBC confirmed. A spokesperson for the House Select Committee on the Chinese Communist Party confirmed the meeting, which centered on a shopping deal between Amazon and TikTok announced in August. The agreement allows users of TikTok, owned by China's ByteDance, to link their account with Amazon and make purchases from the site without leaving TikTok. "The Select Committee conveyed to Amazon that it is dangerous and unwise for Amazon to partner with TikTok given the grave national security threat the app poses," the spokesperson said. Representatives from Amazon and TikTok didn't immediately respond to a request for comment.
Persons: TikTok, China's ByteDance, didn't, Joe Biden, Jan, Donald Trump, CNBC's, Trump, Jeff Yass, , Jonathan Vanian Organizations: Dublin City Centre, Amazon, House, TikTok, CNBC, Chinese Communist Party, Bloomberg, Republican, Susquehanna International Group, NBC Locations: Dublin, Ireland, House China, U.S, ByteDance, Yass
Sovereign AI is "more driven by the industry naming it that, than it is from the policymakers' side," Gow said. On Wednesday, Denmark laid out a landmark white paper outlining how companies can use AI in compliance with the incoming EU AI Act — the world's first major AI law. How regulation fueled a mindset shiftThat's not to say regulations haven't proven an important factor in getting tech giants to think more about building localized AI infrastructure within Europe. The concept of AI sovereignty is also getting buy-in from local European tech firms. Orange hasn't yet selected a partner for these sovereign AI model ambitions.
Persons: Dado Ruvic, Chris Gow, Anthropic's Claude, Filippo Sanesi, Sanesi, hasn't, , Cisco's Gow, Rather, " Gow, Gow, It's, David Hogan, Hogan, OVHCloud's Sanesi, Qwant, Bruno Zerbib, Zerbib Organizations: Reuters, Portugal — Tech, CNBC, Data, of Justice, EU, General Data Protection, U.S, Sovereign, Nvidia, Orange Locations: Reuters LISBON, Portugal, Brussels, U.S, Europe, OVHCloud, Italy, Italia, Denmark, Berlin, Paris, French
The surprise announcement Wednesday, and Gaetz's swift resignation from Congress, also drew attention to a House Ethics Committee probe into allegations that Gaetz engaged in sexual misconduct, illicit drug use and other wrongdoing. "I think there should not be any limitation on the Senate Judiciary committee's investigation, including whatever the House Ethics Committee is generated," Cornyn told reporters on Capitol Hill. We would support the House Ethics Committee immediately releasing their report," John Clune, a partner at Hutchinson Black and Cook, wrote on X. Gaetz's resignation effectively ends the Ethics Committee probe, because the panel's reach is limited to members of the House. The Ethics panel was slated to meet Thursday behind closed doors, a source familiar with the situation told NBC.
Persons: Donald Trump's, Matt Gaetz, Gaetz, Sen, John Cornyn of, Cornyn, Department of Justice —, Gaetz's, John Clune, Cook, Michael Guest Organizations: Senate, Republican, Capitol, Department of Justice, Hutchinson, Punchbowl News, Committee, NBC Locations: Florida, John Cornyn of Texas
CNN —David Knezevich, the South Florida businessman accused in the February disappearance of his estranged wife in Spain, is now charged with her murder. A federal grand jury in Miami indicted Knezevich, 36, Wednesday on charges of kidnapping resulting in death, foreign domestic violence resulting in death, and foreign murder of a US national. If convicted of the newest charges, Knezevich could face the death penalty. Prosecutors said Knezevich traveled from Miami to Turkey and later to his native home of Serbia, where he rented a car and drove to Spain in late January. The complaint said the vehicle’s license plates were stolen from another vehicle on the street in Madrid where Henao was living.
Persons: David Knezevich, Knezevich, Ana Maria Henao, ” Knezevich “, Henao, , aforethought, ” Henao, Henao’s, , Diego Henao, Aura Henao, Jayne Weintraub, Sanna Rameau, Prosecutors Organizations: CNN, South, Miami, Miami “, Miami International Airport, FBI, Peugeot Locations: South Florida, Spain, Madrid, Europe, Miami, Turkey, Serbia
Adidas has signed Kaleena Smith as the bradn's first NIL high school basketball player. The German sports apparel brand on Thursday announced the signing of Kaleena Smith as its first high school girl's basketball partner under a name, image and likeness, or NIL, deal. The young basketball phenomenon represents Candace Parker's first signing since she took over as president of Adidas women's basketball in May. Parker, a former first-round WNBA draft pick, played 16 seasons in the WNBA and is a three-time WNBA champion and seven-time WNBA All-Star. Adidas tapped her to help evolve the company's women's basketball business.
Persons: Kaleena Smith, Smith, Candace Parker's, Parker Organizations: Adidas, University of Southern, University of Louisville, University of Connecticut, University of California, Los Angeles , Louisiana State University, University of South, WNBA Locations: Ontario , California, University of Southern California, Los Angeles ,, University of South Carolina
Edith Yeung, general partner at Race Capital, and Larry Aschebrook, founder and managing partner of G Squared, speak during a CNBC-moderated panel at Web Summit 2024 in Lisbon, Portugal. LISBON, Portugal — It's a tough time for the venture capital industry right now as a dearth of blockbuster initial public offerings and M&A activity has sucked liquidity from the market, while buzzy artificial intelligence startups dominate attention. And in the VC world, it's really all about liquidity stupid," Edith Yeung, general partner at Race Capital, an early-stage VC firm based in Silicon Valley, said in a CNBC-moderated panel earlier this week. When a VC makes an equity investment and the value of their stake increases, it's only a gain on paper. Yeung said the lack of IPOs over the last couple of years had created a "really tough" environment for venture capital.
Persons: Edith Yeung, Larry Aschebrook, G, Portugal —, Groq —, Yeung, there's, Big Techs Organizations: Race Capital, CNBC, Summit, Microsoft Locations: Lisbon, Portugal, LISBON, U.S, Silicon Valley
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "The backdrop is already a more volatile FX market," Webb said, comparing markets now to when Trump was inaugurated in January 2017. But market volatility is at its lowest level since July, based on the VIX Index, Wall Street's favorite measure of uneasiness. Universa has demand for its strategy, Yarckin said, but it's coming from "a small subset of people." "I wonder if this is being underestimated" by the markets, Webb said.
Persons: Warren Buffett, , Donald Trump, Jonathan Webb, Webb, Trump, Wall, Brandon Yarckin, Universa, Warren, Berkshire Hathaway, Yarckin, Simon Aninat, haven't, Mark Spitznagel, Aninant, Mattias Eriksson, Eriksson, Elon Musk, It's Organizations: Universa Investments, Service, Twitter, C8 Technologies, Jefferies, Business, Oracle Locations: Omaha
Former Vice President Mike Pence was, for most of their four years together, a loyal partner who helped smooth Trump’s dealings with establishment Republicans and evangelical conservatives. “It compresses things,” said Joel Goldstein, a vice presidential scholar and professor emeritus at Saint Louis University. At one point, polling showed him to be one of the least-liked vice presidential candidates over the last 30 years. And during his own presidency, Biden tasked Vice President Kamala Harris with the tough-to-define and tough-to-evaluate assignment of tackling the root causes of migration from Mexico and Central America. He also was the last sitting vice president to win the presidency.
Persons: JD Vance, — “, Vance, , Donald Trump, Trump, , Jordan Wiggins, “ He’s, Al Gore, Bill Clinton’s, Joe Biden, Barack Obama, Obama, Grover, Mike Pence, Pence, Trump —, Joel Goldstein, Tim Walz, JD, ” Wiggins, ” Vance, isn’t, “ JD, ” Vance hasn’t, Gore, George W, Bush, Dick Cheney, Biden, Kamala Harris, Harris, I’d, George H.W, George H.W . Bush, Ronald Reagan, Reagan Organizations: Republican Party, Trump, Jan, U.S . Capitol, Saint Louis University, Senate, Democratic, Minnesota Gov, NBC, Press, GOP, The New York Times, Central America, NBC News, Republican National Convention Locations: Ohio, Cincinnati, Grover Cleveland, Iowa, New Hampshire, Minnesota, Clinton, Mexico, Central, George H.W .
Nelson Peltz says postelection market rally won't last
  + stars: | 2024-11-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNelson Peltz says postelection market rally won't lastNelson Peltz, founding partner and CEO at Trian Partners, joins CNBC’s Delivering Alpha 2024 to discuss Trian’s proxy battle with Disney and CEO Bob Iger, his outlook on the consumer and the economy, his vision for the next four years post-presidential election, and more.
Persons: Nelson Peltz, Bob Iger Organizations: Trian Partners, CNBC’s, Disney
Builders, meanwhile, are luring buyers with some perks but are barely budging on prices. That's partly because these companies have another place to turn: the rental market. Opportunistic investors — mostly small and midsize players, who own the vast majority of single-family rentals in the country — are happy to oblige. Builders have also started developing entire communities of single-family homes to be rented out rather than sold, a strategy known as build-for-rent. Their embrace of the rental market says more about the obstacles for buyers than for builders.
Persons: homebuilders, John Burns, Keith Hughes, , Horton, Don Mullen, they've, Adam Stern, Sean Morgan, Alex Offutt, Ray Sturm, Sturm, Selma Hepp, It's Organizations: John Burns Research, Consulting, Builders, John, Houston, Owners, SFR, Sun, Dallas, Local, Business Purpose, Offutt Locations: Tampa , Florida, Carolinas, Nashville, Horton
China, perhaps more than most countries, will be bracing for fractious relations ahead with the United States. “It makes sense for Chinese officials to use these big events to try and shape some of the international narratives right now,” said Li Mingjiang, an associate professor of international relations at Singapore’s Nanyang Technological University. “Since there’s not much time before January 2025.”Cargo containers and cranes at Yantian port in southern China's Shenzhen earlier this year. The Chinese leader warned that the two countries “will both benefit from cooperation and lose from confrontation,” according to China’s Foreign Ministry. “Beijing does worry about Trump’s wrath and what he could do to damage China’s interest on a bilateral level,” she said.
Persons: Donald Trump’s, Xi Jinping, Trump, Joe Biden, Xi, Biden, Shigeru Ishiba, Anthony Albanese, Narendra Modi, , Li Mingjiang, there’s, Jade Gao, Mike Waltz, Marco Rubio, He’s, , Liu Dongshu, Modi, Li Qiang, Leon Neal, ’ ”, Yun Sun, Vladimir Putin, Liu Organizations: Hong Kong CNN, APEC, Japanese, Australian, Indian, Singapore’s Nanyang Technological University, , , Getty, Trump, CNN, Foreign Ministry, NATO, US, City University of Hong, Stimson, World Health Organization, Initiative Locations: China, Hong Kong, South America, Europe, East, United States, Beijing, Asia, Pacific, Peru, Brazil, American, China's Shenzhen, AFP, Lima . Beijing, Russia, City University of Hong Kong, Japan, South Korea, Indonesia, Lima, Rio de Janeiro, Washington, South, Taiwan, Ukraine, Paris, America, , Sun, “ Beijing
The effect of pay transparency laws on states
  + stars: | 2024-11-13 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +6 min
The net effect for employers and employeesWhile only a minority of states require employers to provide pay transparency, their laws are having a domino effect on employers across the United States. “The majority of top-performing organizations (57%) embrace pay transparency and share pay ranges even when not required by law,” Payscale’s report noted. How pay transparency is helping individualsWhile there are federal laws prohibiting wage discrimination based on gender and other protected classifications, most states also have their own pay equity laws on the books. Wieselthier considers pay transparency laws a subset of pay equity because they provide a tool people can use to ensure they’re being paid fairly. “The whole purpose of pay transparency laws is to empower the candidates to negotiate,” Seikaly said.
Persons: Jersey —, Phil Murphy, , Sarah Wieselthier, Fisher Phillips, That’s, ” Wieselthier, Gen Z, Zers, Lulu Seikaly, , Payscale, , Wieselthier, ” Seikaly, , Seikaly Organizations: CNN, Locations: Washington, California , Colorado , Connecticut, Hawaii , Illinois, Maryland , Massachusetts, Minnesota , Nevada , New York, Rhode Island , Vermont, Illinois , Massachusetts, Minnesota, Vermont, Jersey, Jersey City , New Jersey, Cincinnati, Toledo, Ohio, New York City, Ithaca, Westchester County, New York State, United States
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