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☆ ‘It’s on him’: Democrats look to Hakeem Jeffries to plot a path to revival
▼ + stars: | 2024-11-19 | by ( Sarah Ferris | Annie Grayer | ) edition.cnn.com time to read: +9 min

In the last Congress, Democrats repeatedly helped Republicans keep the government open and propped up Speaker Mike Johnson when he faced a challenge to his leadership post. He even tapped other senior House Democrats to echo his message to the Biden team, according to another person familiar with the efforts. Still, unlike some in his party, Jeffries is not in despair, according to multiple people familiar with his thinking. But Democrats say Jeffries — alongside Senate Majority Leader Chuck Schumer, who will serve as minority leader in the next Congress — might be the best person to at least try. Internal party sparringOne of Jeffries’ toughest tasks will be keeping Democrats unified on immigration despite the many intraparty divisions.

Persons: Hakeem Jeffries, Jeffries —, Donald Trump, Jeffries, “, ’, Emanuel Cleaver, he’s, ” Jeffries, Mike Johnson, Trump, Rosa DeLauro, Harris, who’ve, Joe Biden, Kamala Harris, overperformed Harris, —, Chuck Schumer, ”, Gregory Meeks, Pramila Jayapal, Jim McGovern, Johnny Cash’s, McGovern, Chip Somodevilla, That’s, That’s James Madison’s, Jeffries didn’t, I’m, Henry Cuellar, ” Cuellar, Cuellar, Gabe Vasquez, Susie Lee of, Scott Peters, Scott Peters of California —, Anna Padilla, Democrats ’, CNN’s Ali, Haley Talbot Organizations: CNN, Democratic Party, House Democratic, Congressional Hispanic Caucus, Progressives, GOP, Capitol, Republicans, Biden, White, Democrats, Democratic, New York Democrat, Progressive, Getty, House Democratic Caucus, Congressional Hispanic, Scott Peters of, Bloomberg Locations: Washington, Yorker, Back, New York, —, Washington ,, New Mexico, Susie Lee of Nevada, Scott Peters of California, Albuquerque , New Mexico

☆ ‘Morning Joe’ meeting with Trump was driven by fears of retribution from incoming administration, sources say
▼ + stars: | 2024-11-19 | by ( Brian Stelter | ) edition.cnn.com time to read: +5 min

New York CNN —“Morning Joe” co-hosts Joe Scarborough and Mika Brzezinski announced Monday, in dramatic fashion, that they went to Mar-a-Lago last week for a fence-mending meeting with President-elect Donald Trump. According to two sources with direct knowledge of the matter, Scarborough and Brzezinski were credibly concerned that they could face governmental and legal harassment from the incoming Trump administration. For that reason, there are a wide range of feelings about the “Morning Joe” meeting, according to half a dozen employees who spoke on condition of anonymity. Shortly after the Mar-a-Lago meeting was publicized, lawyer and MSNBC host Katie Phang posted on social media, “Normalizing Trump is a bad idea. On Monday afternoon, Scarborough posted a link on X to a Fox News story about his meeting with Trump.

Persons: Joe ”, Joe Scarborough, Mika Brzezinski, Donald Trump, Scarborough, Brzezinski, Trump, Elon Musk, Matt Gaetz, Gaetz, “, Katie Phang, Chuck Rocha, Joe, Mika, Jeff Jarvis, ”, White, Steve Bannon, Bannon, Andrew Weissmann, Ari Melber, they’re, Fox, ” Scarborough, Jeff Bezos’s, board’s, Kamala Harris, Bezos Organizations: New, New York CNN, Mar, Lago, MSNBC, CNN, Scarborough, Trump, Democratic, ” Veteran, Fox, Washington Post Locations: New York, Scarborough, America, ”

☆ Pay first, deliver later: Some women are being asked to prepay for their baby
▼ + stars: | 2024-11-19 | by ( Renuka Rayasam | Kff Health News | ) edition.cnn.com time to read: +9 min

“So, I paid it.”On online baby message boards and other social media forums, pregnant women say they are being asked by their providers to pay out-of-pocket fees earlier than expected. In some cases, they may cause women to forgo prenatal care altogether, especially in places where few other maternity care options exist. When a pregnancy ends, OB-GYNs typically file a single insurance claim for routine prenatal care, labor, delivery, and, often, postpartum care. In addition, many people are opting for high-deductible health insurance plans, leaving them to shoulder a larger share of the costs. Of the 100 million U.S. people with health care debt, 12% attribute at least some of it to maternity care, according to a 2022 KFF poll.

Persons: Kathleen Clark, Clark, that’s, “, ”, Caitlin Donovan, Lisa Satterfield, it’s, Pamela Boatner, isn’t, Boatner, Peterson, Joy Burkhard, Erin Duffy, Jamie Daw’s, GYN, Daw, Sabrina Corlette, Lacy Marshall, Marshall, Dr, Sanjay Gupta, —, Peter, “ I’m Organizations: Health, OB, Patient Advocate Foundation, American College of Obstetricians, Maternal Mental, University of Southern California’s Schaeffer Center for Health, Columbia University, Center, Georgetown University, Medical, Rapha Health, CNN, CNN Health, KFF Locations: Cleveland , Tennessee, U.S, Georgia, Los Angeles, New York, Texas

☆ Super Micro shares soar 30% after company names new auditor to help keep Nasdaq listing
▼ + stars: | 2024-11-19 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. Shares of Super Micro soared more than twentyfold over a two year period from early 2022 until their peak in March of this year. Super Micro has been one of the primary beneficiaries of the artificial intelligence boom, due to its relationship with Nvidia . On Monday, Super Micro announced that it was selling products featuring Nvidia's next-generation AI chip called Blackwell. Less than two weeks after the index changes were announced, Super Micro reached its closing high of $118.81.

Persons: Charles Liang, Ernst & Young, Nvidia's Organizations: Super, Computer Inc, Micro Computer, BDO, Nasdaq, SEC, Ernst, Deloitte, Touche, Micro, Mizuho, Nvidia, Super Micro, Dell, Hewlett Packard Enterprise, Hindenburg Research, Street, Department of Justice Locations: Taipei, Taiwan

☆ European tech funding declines for third consecutive year — but the sector is finally stabilizing
▼ + stars: | 2024-11-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Still, Atomico said this shows that European tech funding levels have finally "stabilized" despite worsening global macroeconomic conditions leading to three consecutive years of declines. In the period spanning 2015 to 2024, European startups have bagged $426 billion, dwarfing the sum of investment deployed into tech firms the decade prior. Europe's first $1 trillion tech firm? Atomico said it's optimistic about the next decade in European tech. The VC firm, which was established by Skype co-founder Niklas Zennström, is predicting the entire European tech ecosystem combined could be valued at $8 trillion by 2034, up from around $3 trillion currently.

Persons: Reeves, Oli Scarff, Atomico, Tom Wehmeier, Wehmeier, Europe's, Rachel Reeves, techUK, Niklas Zennström Organizations: Startup Coalition, Getty Images Venture, European Tech, CNBC, VC, Skype, Spotify, Google, Apple, Facebook, Meta, Microsoft, Nvidia, Tesla Locations: British, State, Europe, U.S, China, Atomico, United States

Options on BlackRock's popular iShares Bitcoin Trust ETF (IBIT) began trading on the Nasdaq Tuesday, ushering in a new way to trade and speculate on the price of bitcoin. IBIT traded 73,000 options contracts in the first 60 mins of trading Tuesday, Nasdaq told CNBC, placing the fund in the top 20 of the most active nonindex options. The market for options contracts on major ETFs can be extremely active, and are widely used by more sophisticated traders. The launch of the bitcoin ETF options will likely also lead to new funds that incorporate those options, said Todd Sohn, ETF strategist at Strategas. And then we're going to get buffers, and then we're going to get whatever other trend-following-type strategy that folks think of.

Persons: IBIT, Bitcoin, Noelle Acheson, Todd Sohn, " Sohn Organizations: Nasdaq, CNBC, Interactive, Trust, BlackRock Locations: U.S

☆ Bluesky's 'acceleration is tremendous' as users flock to the new 'old Twitter'
▼ + stars: | 2024-11-19 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Many new Bluesky users are praising the feeling on the site as being similar to "old Twitter." This week, the app shot to the top of Apple's App Store and Google's Play Store, and a Bluesky spokesperson told Business Insider it hit 18.3 million registered users. Advertisement"Consumers, time and time again, show us that they will put a brand in jeopardy if the leadership is associated with ideology the consumers don't care for," Lind told Business Insider. A spokesperson for Bluesky told Business Insider that the platform aims to give users more choice and offer creators independence from being locked into specific platforms. A few weeks ago, Bluesky had less than 1 million daily users in the US, "so the acceleration is tremendous," said David Carr, an editor at Similarweb.

Persons: Bluesky, Elon Musk's, Jonathan Bellack, Mark Cuban, he'd, That's, Stephen Lind, Lind, We've, Jack Dorsey, Twitter, Dorsey, David Carr Organizations: Social, Business, Applied Social Media, Cuban, Meta, USC Marshall School of Business, Bluesky, Twitter Locations: Similarweb

Members of the Hispanic and LGBTQ communities are being targeted with these kinds of disturbing text messages by people hiding behind anonymous phone numbers. Now, authorities are investigating cases in which other groups of people are reportedly getting text messages saying they have been "selected for deportation or to report to a re-education camp." The language of the text messages sent to these students were not identical, but they all referenced deportations and actions by Immigration and Customs Enforcement. ICE does not send "random text messages to people," the spokesperson said in a phone interview. "Sending text messages in the blind is not how us Immigration Customs Enforcement operates.

Persons: LGB, Donald Trump’s, Santiago Marquez, Santiago, “, ” Santiago, Diana Brier, Donald J, Trump, Donald J Trump, Jesus Christ, ”, Brier, she’s, I’m, ” Brier, she's, won’t, Gilda Pedraza, Pedraza, Marquez Organizations: FBI, Department of Justice, Black, Latin American Association, Immigration, Customs, NBC News, Executive ICE, ICE, Enforcement, Nellis Air Force Base, Las Vegas, Air Force, Las, Las Vegas FBI, Blacks, Latino Community Fund Georgia Locations: Georgia, Las Vegas, Brown, Nevada, Colorado

Courtesy Riley familyProsecutors have said a variety of forensic, digital and video evidence presented during the trial will point to Ibarra as Riley’s killer. The evidence includes a jacket police found in a dumpster near where Ibarra lived, which prosecutors say had both Ibarra’s and Riley’s blood on it. FBI Special Agent Jamie Hipkiss also testified about cellphone data he examined, which included photos on a phone connected to Ibarra from the early morning of Feb. 22. On Friday during opening statements, Ibarra’s defense attorneys said there was not enough evidence to prove Ibarra was guilty beyond a reasonable doubt. She fought for her dignity, and in that fight she caused this defendant to leave forensic evidence behind,” Ross said.

Persons: Laken Riley —, —, Jose Antonio Ibarra, Riley, Tom, ” Ibarra, Donald Trump, Ibarra, Laken Riley, Rosbeli Flores Bello, Flores Bello, Diego Ibarra, Argenis Ibarra, James Berni, Jamie Hipkiss, Hipkiss, Diego, ”, Jose Ibarra, Rafael Sayan, ” Sayan, “ didn’t, ” Prosecutors, Layling Franco, Franco, Abeisis Ramirez, Dustin Kirby, Sheila Ross, Ibarra “, Laken, ” Ross Organizations: University of Georgia, U.S, Prosecutors, FBI, University of Georgia Police, ” Locations: Georgia, Athens, Venezuelan, New York City, Ibarra, Ibarra’s, New York

Insufficient staffing, indiscriminate hiring practices, training failures, “tolerance of unacceptable behavior” and “not holding their staff members accountable” can imperil patients, the foundation said. Step one in VA hospitals’ sexual assault protocol involves providing “non-judgmental acknowledgement of incident,” noting important details and contacting VA police or local law enforcement. Two were at HCA hospitals and one was at a facility operated by nonprofit BayCare Health System. In one 2020 report involving HCA Florida West Tampa Hospital, the mother of a patient alleged her child had been molested. He said he has handled eight other cases involving sexual assaults at Florida hospitals over the past five years.

Persons: ”, Ray, ” Myers, Harlow Sumerford, Ryan Brown, Brown, Ray —, ” Brown, “, Michelle Simpson Tuegel, Larry Nassar, George Tyndall, Michael Adno, BayCare’s, ” Mary Marandi, BayCare, Brianna Hammer, Jeovanni, Hammer, Hechavarria, Julie Love, Love, Donia Goines, Jaclyn Bevis, ” Ryan Fogg, Fogg, ” Paxton Greer, Jesse Barber, ’ Paxton Greer, Greer, Tyler Eoute, ” Greer, ‘, ’ ” Greer Organizations: Citrus, HCA Florida Fawcett Hospital, Veterans Affairs, U.S ., HCA Healthcare, U.S . Marine Corps, USA, University of Southern, Citrus Hospital, NBC, West Florida, HCA, Health, HCA Florida West Tampa Hospital, Adult Protective Services, West Tampa Hospital, Plant Hospital, of Health, Department of Health, Coral Hospital, Lee, Cape Coral Hospital, Coral, HCA’s Trident Medical, Trident Medical, NBC News Locations: Port Charlotte, Citrus, University of Southern California, Gulf Coast, Florida, West, Fort Myers Florida, West Palm Beach , Florida, Charleston , South Carolina

When a man arrived at a New Hampshire animal shelter last week claiming he wanted to surrender 150 pet mice, the shelter was ready to take them in. But the problem soon became much more mouse-ive when he clarified that he had 150 tubs full of mice to surrender, not 150 individual rodents. The overwhelmed mouse owner initially brought 73 mice last Monday, the New Hampshire Society for the Prevention of Cruelty to Animals said in a Thursday news release. The shelter said they expect the number of mice to grow to nearly 1,000. These are pet mice, or "fancy mice," the shelter confirmed in the release.

Persons: Charles Krupa, They've, Savannah Alcero Organizations: New Hampshire Society for, Staff, New, New Hampshire SPCA, New England Federation of Humane Organizations Locations: New Hampshire, Stratham, N.H, New England, Savannah

☆ Kennedy Ryan on rereleasing ‘Reel’ and turning romance books into ‘Trojan horses’
▼ + stars: | 2024-11-18 | by ( Ayanna Miller | ) www.nbcnews.com time to read: +10 min

‘Reel’ is a love letter to the Harlem Renaissance — and Black creativesRyan remembers the exact moment she was inspired to write most of her books. “These Black women with these big afros, just unapologetically gorgeous, because that’s something that defies what culture tells us about ourselves. “I wanted women who are living with chronic illness, specifically lupus, to feel beautiful, to feel loved, to feel like they weren’t too much,” she says. She describes her books as “Trojan horses” to “smuggle in discourse” and start difficult conversations readers may not usually have. Just a few months after the rerelease of “Reel,” Ryan will publish the third and final book in her “Skyland” series, “Can’t Get Enough,” out May 2025.

Persons: Kennedy Ryan, ”, ” Ryan, TODAY.com, “, Ryan, Neevah Saint, Canon Holt, Dessi, Audie, Black creatives Ryan, Dorothy Dandridge, Halle Berry, Dandridge, Carmen Jones, Berry, Black, Kennedy, Black creatives, Billie Holiday, Ma Rainey, Bessie Smith, they’ve, ” Kennedy, Barnes & Noble, ” Kennedy Ryan, that’s, Neevah, there’s, ” What’s, Monk, Verity, I’ve, ’, I’m, she’s Organizations: Hollywood, Hachette, Harlem Renaissance, Harlem, Academy, Barnes &, “ Locations: Harlem, American, “

☆ Trial begins in human smuggling case after family froze to death trying to cross border
▼ + stars: | 2024-11-18 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

Prosecutors say Indian national Harshkumar Ramanlal Patel, 29, ran part of the scheme and recruited Steve Shand, 50, of Florida, to shuttle migrants across the border. Prosecutors say when Jagdish Patel’s body was found, he was holding Dharmik, who was wrapped in a blanket. Patel is a common Indian surname and the victims were not related to Harshkumar Patel. The U.S. Border Patrol arrested more than 14,000 Indians on the Canadian border in the year ending this Sept. 30. Prosecutors say Shand told investigators that Patel paid him about $25,000 for the five trips.

Persons: Ramanlal Patel, Steve Shand, John Tunheim, Shand, Jagdish Patel, Vaishaliben, Dharmik, Jagdish Patel’s, Patel, Harshkumar Patel, Harshkumar, Thomas Leinenweber, Shand messaged Patel, ”, messaged Patel, Satveer Chaudhary, ” Chaudhary Organizations: Prosecutors, U.S, District, The U.S . Border Patrol, Pew Research, Associated Press Locations: India, Canada, U.S, Florida, Minnesota, Dingucha, Gujarat, Washington, The U.S, El, America, Deltona , Florida, Orlando, Minneapolis, American

In October 1975, a 28-year-old Elton John performed two sold-out shows at Dodger Stadium in Los Angeles, cementing his status as the biggest pop star in the world. Those two seminal events in the iconic singer-songwriter’s life form the foundation of “Elton John: Never Too Late,” now playing in select theaters and debuting Dec. 13 on Disney+. Elton John performs at Dodger Stadium in Los Angeles in 1975. John Lennon makes a surprise appearance at an Elton John concert at Madison Square Garden in New York City in 1974. Elton John and his husband, David Furnish, in West Hollywood, Calif., in 2020.

Persons: Elton John, John, “ Elton John, ”, R.J . Cutler, John’s, David, —, Rocket Entertainment —, Chris Walter, WireImage, Cutler, Billie Eilish, Bill Clinton’s, Martha Stewart, Cliff Jahr, Elton, didn’t, ” Cutler, it’s, ” Cutler —, John Lennon —, John Lennon, Steve Morley, “, Alexis Petridis, ‘ Elton ’, Cliff, ” John, ‘, Michael Kovac, ’, ” Elton John, “ It’s Organizations: Dodger, Disney, Rocket Entertainment, Getty, Rolling Stone, NBC News, Madison, Garden, Stone, New York Public Library, Toronto Locations: Los Angeles, North America, New York City, Redferns, West Hollywood, Calif, Toronto

☆ Over 150 homes evacuated as wildfire risk persists across historically dry Northeast
▼ + stars: | 2024-11-18 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +5 min

Firefighters battle the ongoing Jennings Creek fire in Sterling Forest State Park, N.Y., on Sunday. via New York State PoliceIn Connecticut, there's an elevated risk of wildfire spread in Fairfield, New Haven, Middlesex, New London, and risk of elevated fire weather concerns in Litchfield. Smoke rises from the Jennings Creek fire in Sterling Forest State Park, N.Y., in aerial images released on Sunday. via New York State PoliceThe Jennings Creek wildfire, located in Orange County, New York, has burned more than 5,300 acres, and is 88% contained as of Sunday evening, the New York State Park Police said. The wildfire is burning primarily int he Sterling Forest State Park.

Persons: there's, Phil Murphy, Murphy Organizations: Apple, Greenwood Lake Middle School, NWS, New York, Firefighters, Sterling, Police, Boston, New York State Police, Park Police, Sterling Forest, New, New Jersey Forest Fire Service, New York City Fire Department, National Weather Service, U.S . Drought, New Jersey Gov Locations: New York, Apple , New Jersey , Connecticut, Massachusetts, Warwick, Greenwood Lake , New York, Orange, Greenwood, Schenectady, Albany, Rensselaer, Greene, Columbia, Ulster, Dutchess, Capital District, Hudson, New, New York City, Putnam, Rockland, Westchester, New Jersey's Passaic, Bergen , Essex, Union, Sterling Forest, N.Y, Connecticut, Fairfield , New Haven , Middlesex, New London, Litchfield . In Massachusetts, Cambridge, In New Jersey , Connecticut, York, Orange County , New York, Passaic County , New Jersey, New Jersey

☆ Almost 80 million expected to travel over Thanksgiving in record-breaking getaway
▼ + stars: | 2024-11-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +2 min

Almost 80 million people will hit the roads and airways this Thanksgiving, with traveler numbers surpassing pre-pandemic levels, the AAA predicts. Journeys of 50 miles or more will be made by 79.9 million people in the holiday period — an increase of 1.7 million from last year and 2 million more than in 2019. "Thanksgiving is the busiest holiday for travel, and this year we’re expecting to set new records across the board, from driving to flying and cruising," Stacey Barber, vice president of AAA Travel said in a statement. The majority of trips, 71.7 million, will be by car, meaning 1.3 million more travelers will be on the road compared to last year. A record 5.84 million plan to fly, a 9% increase from 2019, with international flight bookings up 23%, the AAA said.

Persons: Stacey Barber, Bob Pishue, Hertz Organizations: AAA, AAA Travel, Phoenix Locations: Boston , New York, LA, Seattle, Washington, DC, Atlanta, Las Vegas , Los Angeles, Miami, Oahu, Orlando, Florida

☆ Nancy Mace, Sarah McBride: Republican introduces anti-transgender bathroom resolution at Capitol after first transgender woman elected to Congress
▼ + stars: | 2024-11-18 | by ( Morgan Rimmer | Manu Raju | Haley Talbot | ) edition.cnn.com time to read: +3 min

CNN —A House Republican is pushing to ban transgender women from women’s restrooms at the US Capitol, two weeks after history was made with the election of America’s first out transgender person to Congress. South Carolina Rep. Nancy Mace on Monday introduced a resolution to amend the rules of the US House of Representatives less than two months before Democratic Rep.-elect Sarah McBride, a Delaware state senator, is sworn-in in January. “Sarah McBride doesn’t get a say. But on the trail, she did allude to a broader theme of respect — specifically, that everyone deserves a member of Congress that respects them and their families. CNN’s Arit John, Jack Forrest and Karina Tsui contributed to this report.

Persons: America’s, Nancy Mace, Sarah McBride, “ Sarah McBride doesn’t, “, McBride, ”, “ Delawareans, I’m, ” Mace, ‘, ’ I’m, Roe, Wade, Mace –, Cadets —, ” McBride, Lisa Blunt Rochester —, —, CNN’s Arit John, Jack Forrest, Karina Tsui Organizations: CNN, Republican, Capitol, South Carolina Rep, Democratic Rep, South Carolina Republican, Citadel, Military College of South, ”, Citadel’s, Cadets, GOP, Human, The Ohio Senate Locations: Delaware, Military College of South Carolina, The Ohio

☆ A 67-year-old woman shares 4 workout tips she used to bounce back from a hip replacement — enough to run a marathon
▼ + stars: | 2024-11-18 | by ( ) www.businessinsider.com time to read: +4 min

When Joice Barnard had a hip replacement just over a year ago, she couldn't imagine running again without pain, but she was determined to try. Barnard, 67, has been running for 50 years, longer than some of her fellow marathoners have been alive. Earlier this month, Barnard finished her ninth marathon, the Every Woman's Marathon organized by Team Milk in her hometown of Savannah, Georgia. "For anybody, whether they're somebody with a hip replacement or they're 20 years old and they're very, very fast, it's so easy to run too many miles a week," Barnard said. Get enough restEvery week, Barnard takes a full day off from any exercise more strenuous than walking to give her body a break.

Persons: who's, Joice Barnard, Barnard, Team Milk, she's Organizations: Team, Business Locations: Savannah , Georgia

☆ Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses
▼ + stars: | 2024-11-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Passengers check in at the Spirit Airlines counter at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Spirit Airlines , an icon of budget air travel that reshaped the industry, has filed for bankruptcy protection after years of mounting losses, a failed merger and more demanding consumer tastes. The airline said it expects to continue operating normally and said told customers can continue to book as the busy holiday season approaches. Spirit is the first major U.S. airline to file for Chapter 11 since American Airlines 13 years ago. Spirit filed for protection in U.S. Bankruptcy Court of the Southern District of New York.

Persons: Ted Christie, Spirit Organizations: Spirit Airlines, Fort, Hollywood International Airport, Fort Lauderdale , Florida . Spirit Airlines, U.S, American Airlines, JetBlue Airways, Bankruptcy, Southern, of, New York Stock Exchange Locations: Fort Lauderdale, Fort Lauderdale , Florida, , Florida, of New York

☆ What travelers need to know about Spirit Airlines' bankruptcy
▼ + stars: | 2024-11-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +4 min

In this article SAVE Follow your favorite stocks CREATE FREE ACCOUNTA passenger waits for assistance at the Spirit Airlines check-in counter in the Austin-Bergstrom International Airport on November 13, 2024 in Austin, Texas. Brandon Bell | Getty ImagesSpirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines 13 years ago. Here's what travelers need to know:Why did Spirit file for bankruptcy? Spirit said Monday that it has reached a prearranged deal with the majority of its bondholders for a "streamlined" Chapter 11 bankruptcy protection plan. Rather, it gives the airline protection to reorganize its business, which often means shedding assets or parts of its operation.

Persons: Brandon Bell, Ted Christie, Spirit, —, Henry Harteveldt, Harteveldt Organizations: Spirit Airlines, Austin, Bergstrom International Airport, Getty, Airlines, U.S, American Airlines, Airbus, JetBlue Airways, Atmosphere Research, Spirit Locations: Austin , Texas

☆ Dollar sitting pretty, yen bears wary of Bank of Japan hawks
▼ + stars: | 2024-11-18 | by ( ) www.cnbc.com time to read: +3 min

Yen bears were tense in case Bank of Japan Governor Kazuo Ueda used a speech later Monday to flag a possible rate hike in December, in part due to the weakness of the currency. Markets imply around a 55% chance of a quarter-point rate hike to 0.5% when the BOJ meets on Dec. 19. Against a basket of currencies the dollar held at 106.730, having touched a one-year top of 107.07 on Friday. The rally has coincided with a savage swing in 10-year Treasury yields, which have climbed 70 basis points since the start of October, fuelling a 5.4% rise in the U.S. dollar index . Analysts generally assume Trump's touted policies of tariffs, reduced immigration and debt-funded tax cuts will be inflationary, so limiting the scope for further rate cuts by the Federal Reserve.

Persons: Kazuo Ueda, Ueda, Donald Trump's, Katsunobu Kato, Jonas Goltermann, Trump, Howard Lutnick, Cantor Fitzgerald, Scott Bessent Organizations: Bank of Japan, U.S, Japanese Finance, Capital Economics, Trump, Federal Reserve, Central Bankers Locations: U.S, Japan, Canada

☆ My husband and I quit our jobs and moved to Finland. This is the perfect place to recover, but my burnout is still raging.
▼ + stars: | 2024-11-18 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +6 min

AdvertisementMarija Riba and her husband quit their jobs and moved from London to Finland. I spoke with friends who've taken a career break to recover from burnout, and they all told me they were able to relax, recover, and successfully reenter the workforce. AdvertisementIn July, my husband and I quit our jobs and moved from London to Finland. In October, my husband and I moved into our own flat, for which my parents paid the deposit and the first month's rent. We don't know how long we'll stay, but Finland is the perfect setting to focus on my health.

Persons: Marija, It's, who've, I'd, I've, we've, I'm, haven't, He's, you've, Tess Martinelli Organizations: Marija Riba, Riba Locations: London, Finland, web3, acclimatize, tmartinelli

☆ Mayfield: It is a bit bipartisan to be a bit more defensive toward China
▼ + stars: | 2024-11-18 | 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 EmailMayfield: It is a bit bipartisan to be a bit more defensive toward ChinaRoss Mayfield, Investment Strategy Analyst at Baird, discusses post-election market trends. He notes that while initial market sentiment is strong, a period of consolidation is expected. Financials and industrials benefit from deregulation and defense spending, while energy and materials depend on commodity prices.

Persons: Ross Mayfield, Baird Organizations: Investment

☆ UBS sees S&P rising to 6,400 in 2025, about 9% from here
▼ + stars: | 2024-11-18 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

UBS sees stocks rising to new heights in the new year, though not without a brief pullback. In a note Monday, UBS strategists said they see the S & P 500 rising to 6,400 by the end of 2025. The iShares Russell 2000 ETF (IWM) has popped 2.6% since the election, outperforming the S & P 500's 1.3% advance. The S & P 500 financials sector has been on fire since the Nov. 5 vote, up more than 6%. The S & P 500 traded around 5,900 on Monday, above UBS strategist Jonathan Golub's 2024 target of 5,850 .

Persons: Stocks, Donald Trump, Russell, Jonathan Golub's Organizations: UBS, Trump, Still Locations: Friday's, U.S, Europe

☆ College dropout got fired, spent $300 from his last paycheck to start a business—now it brings in $4 million a year
▼ + stars: | 2024-11-18 | by ( Alex Koller | ) www.cnbc.com time to read: +1 min

Darien Craig and Brandon Echols have known each other since they were 6 years old in small-town Hayden, Alabama. They attended the same high school and even dropped out of college in tandem, they said on Friday's episode of ABC's "Shark Tank." Craig and Echols co-own Y'all Sweet Tea, which Craig founded in 2021 — after getting fired from his previous job, he wrote on his company's website. "The week I got fired, I had $7 to my name," wrote Craig. Y'all sells its tea direct-to-consumer and in roughly 600 grocery store locations, mostly across the southeastern United States, Echols said on "Shark Tank."

Persons: Darien Craig, Brandon Echols, Craig, Echols, Georgia, Kevin O'Leary, Barbara Corcoran chimed, Mark Cuban Locations: Hayden , Alabama, United States

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