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DULUTH, Minn. (AP) — Republican Joe Fraser, a U.S. Navy veteran and political newcomer, launched a longshot campaign Tuesday to oust three-term Democratic U.S. Sen. Amy Klobuchar, of Minnesota. Fraser served in the Navy for 26 years, according to his website, with deployments to Europe, Haiti, the Far East and the Middle East. But the popular Klobuchar, who ran unsuccessfully for the Democratic presidential nomination in 2020, will be tough to beat. No current or recent office holders have indicated a desire to take on Klobuchar, and time is running out. No Republican has won statewide office in Minnesota since 2006, when Tim Pawlenty was reelected governor.

Persons: — Republican Joe Fraser, Democratic U.S . Sen, Amy Klobuchar, Fraser, ” Fraser, Jim Newberger, Tim Pawlenty Organizations: — Republican, U.S . Navy, Democratic U.S ., Navy, Aviation Warfighting Development, Democratic, Federal, Commission, Republican Locations: DULUTH, Minn, U.S, Minnesota, Minnetrista, Twin Cities, Duluth, Moorhead , Rochester, Mankato, “, Europe, Haiti, . Minnesota

“The defendant used fear, violence and intimidation to get what he wanted," Assistant U.S. Attorney William Akina said in his opening statement. “What he wanted was money, control and revenge.”Miske's attorney, Michael Kennedy, painted a completely different picture of his client. Miske even fumigated a Honolulu concert hall for free after the city couldn't afford the $200,000 estimate, Kennedy said. His attorneys argued that a new jury should be selected because Miske's half-brother John Stancil pleaded guilty after a jury had been assembled and sworn and Miske’s daughter-in-law Delia Fabro Miske pleaded guilty after four days of jury selection. Defense attorney Lynn Panagakos noted that Stancil pleaded guilty early Monday before the courthouse was even open to the public.

Persons: Michael Miske Jr, William Akina, ”, Michael Kennedy, Kennedy, Akina, Miske, Johnathan Fraser, Miske's, Caleb, Fraser, “, John Stancil, Delia Fabro Miske, Lynn Panagakos, Stancil, Derrick Watson Organizations: —, Miske, Shell, ʻIolani, Polynesian Cultural, U.S, District Locations: HONOLULU, U.S, Honolulu, Pest, Hawaii

☆ Top analyst Mike Mayo turns bullish on Citigroup with Warren Buffett as an influential investor
▼ + stars: | 2024-01-22 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Widely followed bank analyst Mike Mayo named Citigroup his top pick, saying he realized the embattled bank is under the influence of none other than Warren Buffett. "Until now, it was unclear to us and many investors whether this Citi stake was really a 'Warren Buffett investment' vs. somebody else at his firm. Earlier this month, Citigroup cut 10% of its workforce in a bid to boost the bank's results and stock price. C 1Y mountain Citigroup Mayo said Buffett seems to support his belief that Citigroup's overhaul could make a significant difference this time around. "Warren Buffett supports the CEO's restructuring.

Persons: Mike Mayo, Warren Buffett, Wells Fargo's Mayo, Buffett, Berkshire Hathaway, Jane Fraser, Omaha hasn't, Mayo, Goldman Sachs, Brian Moynihan, Fraser, couldn't, Citigroup Mayo Organizations: Citigroup, Reuters, Berkshire, Citi, U.S . Bancorp, JPMorgan, Bank of America, Apple, CNBC, U.S Locations: Omaha, Mayo, Berkshire, Wells Fargo, Bank

☆ These cheap stocks with upside could be the next bull market winners
▼ + stars: | 2024-01-19 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Wall Street is on the verge of confirming a new bull market has begun, and these stocks could be the next big winners. Here's the criteria: Average analysts' forecasts imply at least 15% upside moving forward. Average analysts' forecasts imply more than 15% upside moving forward. Analysts think the stock can climb even higher, with their average forecasts implying nearly 22% upside moving forward. Analysts forecast a further 21% upside moving forward.

Persons: Stocks, Jane Fraser's, Conor Cunningham, Wells Organizations: Nasdaq, CNBC, Financial, Citigroup, Citi, Shipping, FedEx, Analysts, Melius Research, JBL, L3Harris Technologies

☆ What Wall Street bosses from Goldman Sachs to JPMorgan are saying about the jobs outlook for 2024 in investment banking, wealth management, and more
▼ + stars: | 2024-01-16 | by ( Emmalyse Brownstein | Alex Morrell | Reed Alexander | ) www.businessinsider.com time to read: +11 min

Last year, banks opened 2023 by forecasting layoffs, including for the investment bankers who suddenly had nothing to do following the pandemic-era M&A and IPO boom. Citigroup kicked off 2024 ominously, warning that it will lay off as many as 20,000 employees by 2026. The bank expects 2024 expenses to increase further to total $90 billion, up $2.8 billion from 2023, and much of that will be focused on hiring. CFO Barnum on Friday said the bank is gearing up for a "rebound in the investment banking wallet." Headcount declined 3% to 80,006 from 82,427, while compensation expenses rose to $24.5 billion from $23 billion.

Persons: It's, it's, Jane Fraser, Jeremy Barnum, JPMorgan Chase Jamie Dimon, JPMorgan Chase, Alex Wroblewski, JPMorgan's headcount, Barnum, Friday, Patrick T, Fallon, —, Fraser, Q, Goldman Sachs Goldman Sachs, David Solomon, BRENDAN MCDERMID, Goldman Sachs, Denis Coleman, Coleman, Goldman, Bank of America Brian Moynihan, Robert Galbraith, headcount, BofA, Alastair Borthwick, execs, they've, Brian Moynihan, Wells Fargo Charles Scharf, Lucy Nicholson Wells Fargo, Michael Santomassimo, Charlie Scharf, Santomassimo, BlackRock Larry Fink, Fink, Kapito, Morgan Stanley Ted Pick, Morgan Stanley, Jeenah, Headcount, Morgan, Ted Pick, Sharon Yeshaya, Blackstone Steven Schwarzman, Blackstone, Gonzalo Fuentes Organizations: Business, Citigroup, JPMorgan, Citi, BlackRock, Blackstone, Getty, AlphaSense, Citigroup Citigroup, Bank of America, REUTERS, Robert, Robert Galbraith Bank of America's, Reuters, AP BlackRock, Global Infrastructure Partners Locations: Wall, headcount, Wells Fargo

☆ CNBC Daily Open: Big Bank earnings point to a grim season
▼ + stars: | 2024-01-15 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +3 min

Win Mcnamee | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineFourth-quarter earnings have officially begun with four of Wall Street's top six banks reporting rather bleak results. JPMorgan Chase, the biggest U.S. bank by assets, paid a sizeable fee linked to the government seizures associated with regional banking crisis last March, which impacted its earnings. Citigroup has lagged its Wall Street peers since the 2008 financial crisis and remains the lowest valued among the top six banks.

Persons: Brian Moynihan, Jamie Dimon, JPMorgan Chase, Jane Fraser, Win Mcnamee, Jane Fraser's, Kurt Rankin, Lai Ching, Lai Organizations: Bank of America, JPMorgan, Citigroup, CNBC, Federal Reserve, PNC, Voters, Democratic Progressive Party Locations: Hart, Washington , DC, U.S, Asia, China, Taiwan

☆ Citigroup Plans to Cut 20,000 Jobs
▼ + stars: | 2024-01-13 | by ( Justin Baer | ) www.wsj.com time to read: 1 min

Citigroup Chief Executive Jane Fraser took over the bank in 2021 with a mandate to streamline. Photo: EVELYN HOCKSTEIN/REUTERSCitigroup plans to eliminate some 20,000 jobs by the end of 2026, marking the next phase of the bank’s most dramatic restructuring plan in decades. The cuts will trim about 10% of Citi’s head count, which totaled 200,000 in December excluding the staff employed by a Mexico business that is being spun off. Citi detailed its cost-cutting plans on Friday, when it also announced a fourth-quarter loss.

Persons: Jane Fraser, EVELYN HOCKSTEIN Organizations: Citigroup, Citi Locations: Mexico

☆ Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
▼ + stars: | 2024-01-12 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank's results and stock price. About 20,000 employees will be let go over the "medium term," New York-based Citigroup said Friday in a slideshow tied to fourth-quarter earnings. While it wasn't immediately clear how long that is, the bank has previously used that term to denote a three- to five-year period. Citigroup CEO Jane Fraser announced a sweeping overhaul of the third-largest U.S. bank by assets in September. In November, CNBC reported that managers and consultants involved in the effort — known internally by the code name "Project Bora Bora" — discussed job cuts of 10% in several major businesses.

Persons: Jane Fraser, couldn't, — Organizations: Citigroup, U.S, CNBC Locations: New York

☆ Citi to cut about 20,000 jobs as it doubles down on its corporate overhaul
▼ + stars: | 2024-01-12 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Citigroup will cut about 20,000 roles over three years as its corporate restructuring continues. The bank also had a "very disappointing" Q4 in 2023, CEO Jane Fraser said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCitigroup will cut about 20,000 jobs over the next three years as part of its previously announced restructuring. This story is available exclusively to Business Insider subscribers.

Persons: Jane Fraser, — Organizations: Citigroup, Service, Business

☆ Citigroup to cut 20,000 employees
▼ + stars: | 2024-01-12 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +2 min

New York CNN —Citigroup will lay off 20,000 employees over the next two years, CFO Mark Mason said Friday. The reduction comes after the company reported a $1.8 billion net loss for the fourth quarter of 2023, its worst quarter in 15 years. The bank expects the reduction in headcount to save $2.5 billion over the long-term. These layoffs are part of Citi CEO Jane Fraser’s years-long effort to cut red tape at the company and boost lagging profits. Citigroup CEO Jane Fraser first announced her sweeping restructuring efforts last September.

Persons: Mark Mason, Jane Fraser’s, Fraser, ”, Manson, Jane Fraser, “ We’ll, ” Fraser Organizations: New, New York CNN, Citigroup, FactSet, Citi Locations: New York, Argentina

☆ Biggest U.S. Banks Earn Billions, Even After Insurance Bill
▼ + stars: | 2024-01-12 | by ( Emily Flitter | Stacy Cowley | ) www.nytimes.com time to read: +1 min

The nation’s largest banks are churning out profits as interest rates remain high, even though the lenders have had to set aside billions of dollars to replenish a deposit insurance fund that was heavily depleted by a crisis among midsize banks last spring. Citigroup, which is in the midst of a global restructuring, reported a net loss of $1.8 billion for the quarter, compared with a profit of $2.5 billion a year earlier. In the last quarter of 2023, JPMorgan earned $9.3 billion, or $3.04 per share, compared with $11 billion a year earlier. A special assessment by the Federal Deposit Insurance Corporation had reduced per-share earnings by 74 cents, the bank said. Analysts had been expecting per-share earnings of around $3.32, so investors considered the bank’s performance to be a win once the F.D.I.C.’s one-time bill of $2.9 billion was taken into account.

Persons: Jane Fraser Organizations: JPMorgan Chase, Bank of America, Citigroup, JPMorgan, Federal Deposit Insurance Corporation Locations: Wells, Russia, Argentina

☆ Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
▼ + stars: | 2024-01-12 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

Citigroup on Friday posted a $1.8 billion fourth-quarter loss after booking several large charges tied to overseas risks, last year's regional banking crisis and CEO Jane Fraser's corporate overhaul. All told, the charges — so massive the bank preannounced their effect this week — hit quarterly earnings by $4.66 billion, or $2 per share, Citigroup said. Excluding their effect, earnings would've been 84 cents a share, the bank said. Revenue: $17.44 billion vs. $18.74 billion expected. Fraser called her company's performance "very disappointing" because of the charges but said Citigroup had made "substantial progress" simplifying the bank last year.

Persons: Jane, would've, Fraser, Mark Mason, Octavio Marenzi, Goldman Sachs, Morgan Stanley Organizations: Citigroup, LSEG, Revenue, Citi, Opimas, JPMorgan Chase, Bank of America, CNBC PRO Locations: Argentina

☆ Starbucks sued for allegedly using coffee from farms with rights abuses while touting its ‘ethical’ sourcing
▼ + stars: | 2024-01-10 | by ( Kenzi Abou-Sabe | Adiel Kaplan | ) www.cnbc.com time to read: +6 min

A consumer advocacy group is suing Starbucks, the world's largest coffee brand, for false advertising, alleging that it sources coffee and tea from farms with human rights and labor abuses, while touting its commitment to ethical sourcing. "But it's pretty clear that there are significant human rights and labor abuses across Starbucks' supply chain." Practices, in 2004 to oversee its coffee sourcing in more than 30 countries. The verification program holds Starbucks coffee suppliers to more than 200 environmental, labor and quality standards. "I think it is really hard to have an ethical supply chain.

Persons: Sally Greenberg, Greenberg, Genevieve LeBaron, LeBaron Organizations: Starbucks, D.C, National Consumers League, NBC News, Brasil, SCS Global Services, Conservation International, Rainforest Alliance, Hershey, School of Public, Simon Fraser University, United Nations Locations: Washington, Guatemala, Kenya, Brazil

☆ Everything we know about 'Crescent City' author Sarah J. Maas' next fantasy books
▼ + stars: | 2024-01-10 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +8 min

Sarah J. Maas is releasing the third installment of the "Crescent City" series in January. This article contains spoilers for Sarah J. Maas' books. Her next release will continue the "Crescent City" series, though "A Court of Thorns and Roses" will have more installments too. BloomsburyThe "Crescent City" books follow Bryce Quinlan, a half-fae living on the planet of Midgard. However, she refused to confirm whether mates are the same in "Crescent City" as they are in the "ACOTAR" world.

Persons: Sarah J, Maas, —, Bryce Quinlan, Bryce, Rhysand, Rhys, Bryce's, Hunt Athalar, Ruhn, Hunt, Christina Lauren, Christina Hobbs, Lauren Billings, Danika Fendyr, Connor Holstrom, Katie Fraser, Noble, Ember Quinlan, Randall Silago, Danika, Lidia Cervos, Azriel, Eva Chen, Elain Archeron, Archeron, Cassian, Lucien Vanserra, It's, Galathynius, Feyre, Katherine Webber Organizations: Service, Court, The, Barnes, Walmart, Bloomsbury, Silver Flames, Crescent City Locations: Crescent, Prythian, Midgard, Nesta, United States, Ruhn, Billings, Hobbs, Kingdom

☆ Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed
▼ + stars: | 2024-01-10 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank's reorganization came in far higher than disclosed by the company's CFO just weeks ago. Those charges are significantly higher than the "couple hundred million dollars" apiece that CFO Mark Mason told investors to expect at a Dec. 6 conference hosted by Goldman Sachs. All told, the charges are likely to result in a $1 per share fourth-quarter loss, according to Mayo. Despite his own skepticism that the bank can achieve its targets, Mayo recommends Citigroup stock, saying it is so beaten down that it can double within three years. A Citigroup spokeswoman declined to comment on the bank's shifting guidance, instead pointing to remarks from Mason published late Wednesday.

Persons: Jane, Mark Mason, Goldman Sachs, Mike Mayo, Fraser, That's, Mason Organizations: Citigroup, Argentine, Mayo Locations: Wells Fargo, Argentina, Russia, Mayo

☆ Earnings playbook: Your guide to the biggest reports this week, including JPMorgan
▼ + stars: | 2024-01-07 | by ( Fred Imbert | ) www.cnbc.com time to read: +6 min

Friday UnitedHealth is set to report earnings before the bell, with a conference call scheduled for 8:45 a.m. JPMorgan Chase is set to report earnings before the market opens. Management has said it will disclose severance costs and job cuts along with fourth quarter earnings." Delta Air Lines is set to report earnings before the bell, followed by a call at 10 a.m. What history shows: Bank of America beats earnings estimates 79% of the time, per Bespoke.

Persons: Wells, John Butters, Butters, UNH, UnitedHealth, CVS, JPMorgan Chase, Hugh Son, Jane, DAL, Leslie Josephs Organizations: JPMorgan Chase, Citigroup, Bank of America, Delta Airlines, CNBC, LSEG, JPMorgan, First, Management, Delta Air Lines, CNBC CNBC, Delta Locations: Wells Fargo

Spokespeople for the banks declined to provide comment ahead of the hearing or did not respond to requests for comment. Kevin Fromer, president of the Financial Services Forum, which represents the CEOs, said he expected Basel to be a focus. Big bank CEOs have been appearing before Congress for several years after the 2007-09 financial crisis and subsequent scandals thrust the industry into Washington's crosshairs. Former Wells Fargo CEO Tim Sloan, meanwhile, resigned in March 2019 after stumbling during a hearing about the bank's regulatory woes. But after years of playing defense, the CEOs are expected to be more assertive, this time backed by Republicans critical of red tape.

Persons: Andy Cecere, William Demchak, Jamie Dimon, Jane Fraser ,, Brian Moynihan, William Rogers, Wells, Bank of America's Brian Moynihan, Citi's Jane Fraser, Wells Fargo's Charles Scharf, Goldman Sachs, David Solomon, Morgan Stanley's James Gorman, Ronald O'Hanley, BNY Mellon's Robin Vince, Sherrod Brown, Brown, Kevin Fromer, Dimon, Elizabeth Warren, Tim Sloan, meanwhile, Tim Scott, Pete Schroeder, Nupur Anand, Tatiana Bautzer, Saeed Azhar, Lananh Nguyen, Michelle Price, Nick Zieminski Organizations: U.S . Bancorp, PNC Financial Services Group, JPMorgan Chase, Co, Citigroup, Jane Fraser , Bank of America, Truist Financial, JPMorgan, Bank of America, Bank of America's, Democratic, Silicon Valley Bank, Financial Services, Big, Former Wells, Republicans, Thomson Locations: WASHINGTON, Wells Fargo, Silicon, Basel, New York

☆ No shortage of Christmas trees this year, but don’t expect any red-tag deals
▼ + stars: | 2023-12-02 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +5 min

As far as trees go, farms are promising there will be an adequate supply of trees this year. It typically takes eight to 10 years to grow a Christmas tree, depending on the variety and location, according to the National Christmas Tree Association, a trade group representing growers. “I haven’t heard of any community in America where people haven’t been able to get a Christmas tree and I don’t expect that will be the case this year,” said Tim O’Connor, executive director of the National Christmas Tree Association. The Real Christmas Tree Board, an industry trade group, in September surveyed 49 wholesale growers of Christmas trees who collectively account for two-thirds of the nation’s tree supply about their outlook for the holiday season. “The starting wholesale price is gonna be much more controlled this year than what we had to experience last year.

Persons: Fraser, haven’t, ”, Tim O’Connor, O’Conner, it’s, Marsha Gray, ” Gray, “, ” Lauren Segedin, “ We’re Organizations: New, New York CNN, Association, Tree Association, Board Locations: New York, America, Glenville , North Carolina, Fraser Fir

☆ Jill Biden unveils White House holiday decorations
▼ + stars: | 2023-11-28 | by ( Christy Choi | Sam Fossum | ) edition.cnn.com time to read: +3 min

CNN —Complete with 98 Christmas trees, 72 wreaths and 2.8 miles of ribbon, the White House has been transformed into a classic winter wonderland for the holidays. The little engine that could: A vintage toy train chugs around the base of a Christmas tree in the Blue Room. The White House expects some 100,000 people to visit during the holiday season. Decorations in the Vermeil Room celebrate music and performance, complete with a mechanical theater featuring rotating United States Marine Band figures. Evan Vucci/APDeck the halls: The White House's China Room transformed into a dessert shop, tables laden with festive treats.

Persons: Santa Claus, Fraser, Jill Biden, Joy ”, ”, Biden, It’s, Evan Vucci, children’s, Gerald Ford, Kevin Dietsch, Saint Nick, Mandel Ngan Organizations: CNN, White, National Guard, Historical Association, United States Marine, Santa, Getty Locations: China, Santa, AFP

BUDAPEST, Hungary (AP) — Turkish President Recep Tayyip Erdogan will visit Hungary's capital in December, his second trip to Budapest this year at a time when both countries remain the only NATO members not to have ratified Sweden's accession into the trans-Atlantic military alliance. It wasn't clear whether Erdogan and Orbán would discuss Sweden's NATO membership, which has been delayed for more than a year by Hungary and Turkey. Erdogan's government has delayed Sweden's ratification over accusations that Stockholm is too soft on Kurdish militants and other groups Turkey considers to be security threats. Finland became a NATO member in April after Turkey and Hungary were the last two members of the alliance to ratify the Nordic nation’s accession. Orbán's government has alleged that Swedish politicians have told “blatant lies” about the condition of Hungary’s democracy, but hasn't given specific conditions for approving Sweden's accession.

Persons: Recep Tayyip Erdogan, Erdogan, Bertalan Havasi, Viktor Orbán, Havasi didn't, Orbán, Hungary's, “, ___ Suzan Fraser Organizations: NATO, Turkish Strategic Cooperation Council, Hungarian, ATV, Associated Press, Fidesz, Sweden’s Locations: BUDAPEST, Hungary, Budapest, Hungarian, Turkey, Stockholm, Sweden, Finland, Ukraine, “, Ankara

Now "it's like 'plus-10' and then China," he added, with the latter down to providing half of Industry West's products and being trimmed more. China recorded its first-ever quarterly deficit in foreign direct investment in July-September, suggesting capital outflow pressure. But for the first time in the four decades since China opened up to foreign investments, executives are now also concerned about long-term growth prospects. Primavera Capital founder Fred Hu cites mounting macroeconomic uncertainty, a "murky capital market outlook," and lingering concerns over past regulatory crackdowns on high-growth industries such as technology and education. Despite the challenges, foreign investment flows are not unidirectional.

Persons: Jordan England, Nicholas Lardy, England, I'm, Li Qiang's, Li, Michael Hart, Noah Fraser, Fred Hu, Hu, Joe Cash, Ellen Zhang, Kane Wu, Eduardo Baptista, Don Durfee, Kripa Jayaram, Marius Zaharia, Jamie Freed Organizations: China, Reuters, Peterson Institute for International Economics, LONG, Conference Board, China International, Canada China Business Council, Reuters Graphics, Primavera Capital, Tech, Thomson Locations: China, BEIJING, HONG KONG, Southeast Asia, Eastern Europe, Mexico, England, Florida, Washington, Beijing, consultancies, U.S, Asia, Australia, Europe, Hong Kong

☆ Citi bankers leave for Jefferies as municipal banking department in turmoil -Bloomberg News
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

General view of Jefferies Financial Group offices in Manhattan, New York City, U.S., December 8, 2021. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsNov 27 (Reuters) - A team of bankers focused on healthcare at Citigroup (C.N) has left for rival Jefferies Financial (JEF.N) after the firm's executives mulled closing the municipal banking department altogether, Bloomberg News reported on Monday. The group of about 10 bankers departing for Jefferies included managing directors Brian Carlstead, Ben Klemz and Katherine Meyers, the report said, citing people familiar with the matter. CEO Jane Fraser has been weighing whether to shutter the bank's municipal-bond trading and origination business. Citi's municipal offering business has been under scrutiny from Texas attorney general, who in January halted the bank's ability to underwrite most municipal bond offerings in Texas, saying Citi has discriminated against the firearms sector.

Persons: Eduardo Munoz, Brian Carlstead, Ben Klemz, Katherine Meyers, Jane Fraser, Pritam Biswas Organizations: Jefferies Financial, REUTERS, Citigroup, Jefferies, Bloomberg, Citi, Thomson Locations: Manhattan , New York City, U.S, Texas, Bengaluru

The traditional gingerbread White House recreates the classic story by featuring a sugar cookie replica of the book along with Santa's sleigh flying above the grounds. The White House released a fact sheet and was allowing the news media to see all the trees, lights and ornaments before the first lady’s event. National Guard families, who were joining Biden as part of Joining Forces, her White House initiative to show appreciation for military families, will be among the first members of the public to see the decorations. The official White House Menorah is on display in the Cross Hall, which runs between the State Dining Room and the East Room. Seventy-two wreaths sporting red ribbons adorn the north and south exteriors of the White House.

Persons: Jill Biden, ”, decorators, Fraser, “ Organizations: WASHINGTON, White, National Guard, Biden, Forces, North American, Disney, Cross Locations: China

One of our favorite Cyber Monday Christmas decor deals is Balsam Hill's 50% off sale. The retailer makes our top overall pick for the best artificial Christmas tree, the Balsam Hill 6.5-Foot Fraser Fir Artificial Christmas Tree, which is currently $400 off. Keep an eye on this article through the end of Cyber Monday, November 27, for more great Christmas tree and decor deals. Best Cyber Monday Christmas tree deals todayOur editors have assembled some of the best artificial Christmas trees and found that the top contenders are durable and look almost as good as a real tree when decorated. Best Cyber Monday Christmas lights deals right nowWhether your decorations are straight from a Hallmark movie or you tend to forget until the last minute, we've compiled a list of the best Christmas lights including smart lights, projectors, and everything in between.

Persons: they're, we've Locations: Balsam

☆ How to keep your Christmas tree fresh through the holidays, based on tips from a forester and an ecologist
▼ + stars: | 2023-11-26 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +3 min

If you're getting a live Christmas tree, there are a few things you can do to keep it fresh. Two Christmas tree experts gave some tips on keeping a real tree in good shape through the holidays. Choosing a healthy tree, doing a fresh cut, and giving it lots of water will all help it last. AdvertisementOnce you've picked out the perfect Christmas tree , there are three things to remember when it comes to making it last through the holidays: fresh tree, fresh cut, fresh water. Doing a fresh cut on your Christmas tree will help it soak up water.

Persons: —, you've, That's, Bert Cregg, Cregg, Fraser, Noble, Oliver Berg, Justin G, Whitehill, Jerry Holt Organizations: Service, of Horticulture, Michigan State University, Getty, North Carolina State University, Star Tribune

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