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☆ Scandals in China and Australia hit Big 4 giant PwC, but global revenues reached a record high
▼ + stars: | 2024-10-29 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

After two scandals this year, PwC's business in the Asia-Pacific region has fallen. While PwC faced these regional setbacks, it hit record-high revenues and hired 10,000 new employees. AdvertisementAfter scandals in Australia and China this year, PwC has lost business in the Asia-pacific region. AdvertisementDespite the regional impact on the business, PwC posted an overall growth of 3.7% to reach record-high gross revenues of $55.4 billion. Like other leading consultancies, PwC has been hit by falling demand for consulting services, and its growth rate has slowed.

Persons: PwC, —, Mohamed Kande, Uber, we've Organizations: Service, Big, PwC, Google, Australian Financial, EY, Deloitte Locations: Asia, China, Australia, India

☆ Asia-Pacific markets are set to open higher with Nikkei poised to extend gains
▼ + stars: | 2024-10-29 | by ( Lee Ying Shan | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets are set to open higher, tracking gains on Wall Street as investors looked toward a slate of megacap technology earnings to keep propelling the Nasdaq Composite to new heights this week. Japan's Nikkei 225 futures pointed to a slightly stronger open for the market, with the futures contract in Chicago at 38,715 and its counterpart in Osaka at 38,630 compared to the previous close of 38,605.53. This comes after the ruling Liberal Democratic Party lost its parliamentary majority after voters cast their ballots on Sunday to determine the control of the lower house, marking the first time since 2009 that Japan's ruling coalition lost its majority. Australia's S&P/ASX 200 was 0.44% higher in its first hour of trade. Hong Kong's Hang Seng index futures were at 20,733, higher than the HSI's last close of 20,599.36.

Persons: Australia's Organizations: Nasdaq, Nikkei, Liberal Democratic Party Locations: Asia, Pacific, Chicago, Osaka

☆ ‘The dynamics are different’: Singapore and Malaysia aim to finally crack economic integration with Johor special zone
▼ + stars: | 2024-10-29 | by ( Kevin Lim | ) www.cnbc.com time to read: +2 min

The Johor BahruSingapore Rapid Transit System (RTS) Link under construction near the JB Sentral building in Johor Bahru, Malaysia, as of Tuesday, Sept. 24, 2024. Sharon Kuok started studying in Singapore when she was seven, commuting daily to and from her home in the southern Malaysian state capital of Johor Bahru. We picked JB [Johor Bahru] because that's where I am from and for its proximity to Singapore," she said. Already, many people from Singapore have started visiting the Malaysian state regularly to shop and to enjoy services from car repair to massages and haircuts. The number of Singaporeans visiting or relocating to Johor could increase in coming years when a rail link between Singapore and Johor Bahru is completed and the planned Johor-Singapore special economic zone (JS-SEZ) takes effect.

Persons: Sharon Kuok, She's, Kuok, Syuhada Organizations: Johor, Rapid, System, National University of Singapore, JB, Messe Berlin Asia, Singapore Locations: Johor Bahru, Malaysia, Singapore, Malaysian, Johor, Messe Berlin Asia Pacific

☆ European markets set for lackluster open as traders continue to focus on earnings
▼ + stars: | 2024-10-29 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are expected to open in flat to lower territory Tuesday as traders in the region await more earnings reports. Earnings are set to come from Adidas, Lufthansa, Novartis, Santander and BP, among others. Data releases of note include Germany's GfK consumer confidence figures. Europe's largest lender HSBC on Tuesday announced it will repurchase up to $3 billion in shares as it issued better-than-expected third-quarter earnings. Asia-Pacific markets traded mixed in spite of gains on Wall Street as investors looked toward a slate of mega-cap technology earnings this week, including Meta Platforms and Microsoft on Wednesday and Apple on Thursday..

Persons: Germany's DAX Organizations: France's CAC, IG, Adidas, Lufthansa, Novartis, Santander, BP, HSBC, Tuesday, Meta, Microsoft, Apple Locations: Asia, Pacific

(AP) — The federal government is handing out $2.4 billion in railroad grants to help pay for 122 projects nationwide with more than half of the money going to smaller railroads. The grants announced Tuesday by the Federal Railroad Administration will go to projects across 41 states and Washington, D.C. Last year, the administration handed out $1.4 billion in these rail grants. But the majority of the money — nearly $1.3 billion — will go to 81 projects at smaller short line railroads across the country. Chuck Baker, president of the American Short Line and Regional Railroad Association trade group, said the grants will help those smaller railroads significantly.

Persons: Joe Biden, Pete Buttigieg, Louis, Chuck Baker, Baker Organizations: Federal Railroad Administration, Regulators, CSX, Amtrak, Union Pacific, Regional Railroad Association, FRA, Associated Press Locations: OMAHA, Neb, Washington, Norfolk Southern, East Palestine , Ohio, Hudson, Albany, Rensselaer , New York, Illinois, Norfolk, Springfield, Chicago, St, California’s Orange County, Michigan, Milwaukee, America, 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

☆ Small number of North Korean troops are already inside Ukraine, officials say
▼ + stars: | 2024-10-29 | by ( Natasha Bertrand | ) edition.cnn.com time to read: +5 min

CNN —A small number of North Korean troops are already inside Ukraine, according to two western intelligence officials, and officials expect that number to grow as the North Koreans complete training in eastern Russia and move toward the front lines of the war. The North Korean troops’ presence inside Ukraine goes a step beyond what NATO and the Pentagon confirmed on Monday, which is that roughly 10,000 North Korean troops are training in eastern Russia with some en route to Russia’s Kursk region. A US official said the US can not yet corroborate reports that North Koreans troops are already inside Ukraine. The Russians have been teaching North Korean soldiers basic Russian commands in training, like “fire” and “in position,” South Korean lawmakers told reporters on Tuesday. ‘The number may rise’South Korean intelligence has put the number of North Korean troops inside Russia right now at about 13,000, higher than the US and the UK.

Persons: Volodymyr Zelensky, catchup, Matthew Miller, Andriy Yermak, Jake Sullivan, Antony Blinken, Yermak, Sullivan, ”, Sullivan “, ” Miller, CNN’s Haley Britzky, Jennifer Hansler Organizations: CNN, North Koreans, North, NATO, Pentagon, South Korea, Korean, State, National, North Korean, South, Ukraine’s Defense Intelligence, White House, “ Locations: Ukraine, Russia, Russia’s Kursk, Kursk, “, Koreans, Ukrainian, Washington ,, ”, North Korea, Moscow, China, Pyongyang

☆ CNBC Daily Open: Stocks are approaching the hottest period of the year
▼ + stars: | 2024-10-29 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This 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. Oil slump boosts marketsAll major U.S. indexes rose Monday on soft oil prices while investors awaited Big Tech earnings. Japan's Nikkei 225 extended gains to a second day, up 0.7% as the country's jobless rate for September dropped to 2.4% from 2.5% the previous month. [PRO] How to trade Japan's electionAfter Japan voted on Monday, the Nikkei 225 rose on the results.

Persons: Irene, Shigeru Ishiba Organizations: CNBC, Big Tech, Japan's Nikkei, Liberal Democratic Party, Nasdaq, CR Beverage, HSBC, Japan, Nikkei Locations: Lower Manhattan , New York, Asia, Pacific, Japan, U.S, Hong Kong, IPOs

His loved ones, who witnessed his drug and alcohol abuse for years, were heartbroken by what his mother later described as an unavoidable outcome. His mother spoke about processing her grief and teared up when talking about how powerless one can feel against a loved one’s struggles with addiction. In the months leading up to his death, Perry appeared to have turned a corner with his addiction, relatives said. Now, loved ones switch tenses from past to present to past again as they remember the complicated man who brought them so much joy. It’s a familiar story for the millions of people whose loved ones have addiction disorders and is a guiding principle for the foundation, the family said.

Persons: It’s, Matthew Perry, pickleball, ” Suzanne Perry, “ You’ve, ”, Perry, Chandler Bing, Gen Xers, Keith Morrison, David M, “, ” Keith Morrison, Caitlin Morrison, ” Emily Morrison, ” Caitlin Morrison, Suzanne Perry, ” Suzanne, Caitlin Morrison’s Organizations: NBC, Dateline, Los, Federal, Matthew Perry Foundation Locations: Los Angeles, Savannah Guthrie, Los Angeles County, London

☆ U.S. economic growth likely to be very strong: Strategist
▼ + stars: | 2024-10-28 | 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 EmailU.S. economic growth likely to be very strong: StrategistDwyfor Evans, managing director and head of Asia-Pacific macro strategy at State Street Global Markets, discusses the longer-term outlook for U.S. earnings.

Persons: Dwyfor Evans Organizations: Street Global Locations: Asia, Pacific

☆ European markets head for mixed open as investors review geopolitical tensions
▼ + stars: | 2024-10-28 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are expected to start the week on a lackluster note Monday as investors review the geopolitical situation in the Middle East. The U.K.'s FTSE 100 index is expected to open 8 points lower at 8,243, Germany's DAX up 30 points at 19,747, France's CAC up 12 points at 7,508 and Italy's FTSE MIB up 108 points at 34,648, according to data from IG. Market participants will be digesting a cooling geopolitical situation in the Middle East Monday after weekend airstrikes by Israel against Iran did not target oil or nuclear facilities as feared. Oil prices slid more than 4% Monday, although Citi analysts discounted the chance of an escalation that disrupts oil supplies. U.S. equity futures jumped as investors looked ahead to a batch of mega-cap technology earnings to keep driving the Nasdaq Composite to new heights this week.

Persons: Germany's DAX Organizations: France's CAC, IG, Citi, Nikkei, Nasdaq Locations: Israel, Iran, Asia, Pacific

☆ Russia can't sustain its attack on Ukraine without North Korean troops, NATO chief says
▼ + stars: | 2024-10-28 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +2 min

Ukraine has said it expects to encounter North Korean troops on the battlefield within days. AdvertisementNATO's chief said Russia can't sustain its invasion of Ukraine without North Korean troops. Mark Rutte said at a press conference on Monday that North Korean troops were deployed to Russia's Kursk region, where Ukraine occupies territory. Ukrainian President Volodymyr Zelenskyy said over the weekend that he was expecting to see North Korean troops in battle within days. For his part, Putin last Friday seemed unmoved by external criticism, saying whether Russia deploys North Korean troops is Russia's "sovereign decision."

Persons: Mark Rutte, Putin, —, Vladimir Putin, Volodymyr Zelenskyy, Zelenskyy, Rutte Organizations: NATO, Russia, Service, North, South Korea's National Intelligence Service, Ukraine Locations: North Korea, Ukraine, Korean, Russia, Russia's Kursk, South, Korea, South Korea

☆ Video shows ballots burning in Pacific Northwest states
▼ + stars: | 2024-10-28 | by ( ) edition.cnn.com time to read: 1 min

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☆ Though still grieving, Matthew Perry’s loved ones are turning his death into a legacy of helping others
▼ + stars: | 2024-10-28 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +12 min

NBC/Getty Images Perry, pictured circa 1985, developed an interest in acting after moving to Los Angeles when he was a teen. Michael Ochs Archives/Moviepix/Getty Images Perry and Christina Applegate were cast in the 1988 made for TV teen movie "Dance 'til Dawn." NBC/Getty Images Perry and Cox appear on "The Tonight Show with Jay Leno" in 1996. NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." So it’s a thing that helps on these tough days.”‘Cherish every moment’(From left) Matthew Perry and Yvette Nicole Brown on 'The Odd Couple.'

Persons: Matthew Perry, “ It’s, ” Perry’s, Caitlin Morrison, Morrison, Suzanne Morrison, Perry’s, Keith Morrison, ”, Perry, “, ’ ”, Brian Murray, Cara Vaccarino, ‘ He’s, Chandler Bing, Michael Ochs, Christina Applegate, Martha Plimpton, Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox, Jennifer Aniston, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, Matthew, Oscar Madison, Lisa Kasteler, Doug Chapin –, –, Chapin, Kasteler, Matthew hadn’t, he’d, ” Kasteler, I’ll, Kasteler –, Wolf Kasteler, we’re, Yvette Nicole Brown, Monty Brinton, ” castmates, Aniston, castmates, Thomas Lennon, Brown, ‘ Yvette, ” Perry Organizations: CNN, Dateline, Matthew, Matthew Perry Foundation of Canada, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, CBS, Los Angeles Times Festival of, Los Angeles Times, Palisades, Los Angeles Medical, Matthew Perry Foundation, National Philanthropic Trust Locations: Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada, California

☆ Why North Korea would want to go to war for Russia
▼ + stars: | 2024-10-28 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

North Korea sent thousands of troops to support Russia in its war against Ukraine. AdvertisementWhy is North Korea helping Russia? STR/KCNA VIA KNS/AFP via Getty ImagesIt's unclear what exactly is driving North Korea to become increasingly involved in the war and send troops to Russia. North Korea also has an aging fighter jet fleet it wants to upgrade and a desire for advanced satellite technologies. Beijing has often aligned with Russia and North Korea, and Western officials have accused China of also giving military aid to Russia in return for certain technologies and information.

Persons: Kim, Putin, —, Mark Rutte, Vladimir Putin, Kim Jong, KRISTINA KORMILITSYNA, Ivan Samoilov, Rutte, Kirby, Kurt Campbell, Defense Lloyd Austin, Biden, Seoul's Organizations: Ukraine, Service, US, Korean, Russian, NATO, Department of Defense, Pentagon, Ukrainian, North, Duma, Research, Gwara, Getty, VIA KNS, National Security, Technologies, Roman, Defense, Publicly, Ministry of Foreign, South Locations: Korea, Russia, Ukraine, South Korea, Kursk, Ukrainian, North Korea, Russian, Pyongyang, Korean, Moscow, Iran, North Korean, AFP, Kyiv, China, Beijing

☆ Trump's chaotic Madison Square Garden rally could muddy his closing economic pitch — and give Democrats a last-minute chance to shake up the race
▼ + stars: | 2024-10-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Trump's Madison Square Garden rally was supposed to be part of a triumphant closing pitch. AdvertisementDonald Trump's rally at Madison Square Garden on Sunday wasn't supposed to be about one comedian's offensive joke about Puerto Rico. "This joke does not reflect the views of President Trump or the campaign," Danielle Alvarez, a senior Trump campaign advisor, said in a statement. Advertisement'I want everyone in Philadelphia to see that clip'It remains to be seen whether and how Puerto Rican voters will respond to what happened on Sunday. Spokespeople for the Harris campaign, along with Senate and House Democrats' campaign arms, did not respond to Business Insider's inquiries as to whether they would.

Persons: it's, —, Donald Trump's, Trump, Sid Rosenberg, Doug Emhoff, Tucker Carlson, Kamala Harris, Tony Hinchcliffe, Danielle Alvarez, Harris, Bad Bunny, Mike Nellis, Hinchcliffe, Sen, Rick Scott, Maria Elvira Salazar, Rep, Anthony D'Esposito, Alexandria Ocasio, Cortez, Tim Walz, there's, Nellis, Meta Organizations: Puerto Ricans, Service, Madison, Radio, Malaysian, Trump, Sunday, Puerto, Puerto Rican, Democratic, Reading, Gov, House Democrats, Nellis, Capitol Locations: Madison, Puerto, Puerto Rico, York City, California, Philadelphia, Pennsylvania, Puerto Rican, Florida, Long, While Pennsylvania, North Carolina, Georgia, Bronx, Harris, Alexandria, Cortez of New York, Puerto Ricans, —, Washington , DC

☆ I've been to over 200 high-end golf courses around the globe. Here are 8 of my all-time favorites.
▼ + stars: | 2024-10-27 | by ( David Weiss | ) www.businessinsider.com time to read: +7 min

I'll never forget Cypress Point Club in Pebble Beach, CaliforniaCypress Point Club is right on the water. Forest Dunes Golf Club in northern Michigan is one of the Mitten State's best-kept secretsForest Dunes Golf Club has trees, water, and greenery. Evan SchillerTo create Forest Dunes Golf Club, golf pro Tom Weiskopf routed 18 holes through aromatic, pine-studded sand dunes in the middle of Michigan farm country. Chris Coduto/Getty ImagesScottsdale, Arizona, is home to over 200 golf courses and is a choice winter getaway for snowbirds from all over. AdvertisementOmni Golf's Grove Park Inn is still popular after 100 yearsThe Omni Grove Park Inn has been around for quite some time.

Persons: —, it's, I've, David Madison, Alister MacKenzie, Robert Trent Jones, Evan Schiller, Tom Weiskopf, Tom Doak, David McLay Kidd, Gamble, Kidd, Chris Coduto, Jack Nicklaus, Donald Ross, Barack Obama, Scott Fitzgerald, Tom Weiskopf's Cabo Organizations: Point, Spyglass, Omni, Service, California Cypress Point, Getty, University of Michigan, Getty Images, North, Cabo del Sol Locations: California, Cabo, Sol, Pebble Beach, California Cypress, Cypress, Pebble Beach , California, Spyglass, Cypress Point, Carmel, Michigan, Roscommon , Michigan, Bandon, Oregon, Brewster , Washington, Columbia, Scottsdale, Arizona, Getty Images Scottsdale , Arizona, Omni Grove, Grove, Carolinas, North Carolina, Pinehurst, Asheville, Mexico, Tom Weiskopf's Cabo del Sol, Cabos, Cortez

☆ Japan’s ruling party set to lose long-standing majority in major blow to new PM
▼ + stars: | 2024-10-27 | by ( Helen Regan | ) edition.cnn.com time to read: +4 min

CNN —Japan’s longtime ruling party is projected to lose its majority after Sunday’s general election, in what would be a major blow to new Prime Minister Shigeru Ishiba amid public anger over economic woes and a series of political scandals. Exit polls Sunday from public broadcaster NHK suggest Japan’s ruling Liberal Democratic Party (LDP) will struggle to reach a majority, raising uncertainty over the make-up of the government of the world’s fourth-largest economy. Japan's Prime Minister Shigeru Ishiba speaks to the media at the Liberal Democratic Party's (LDP) headquarters. Former Prime Minister Fumio Kishida tried to contain the damage by replacing several cabinet ministers and dissolving LDP factions, essentially coalitions within the party. As defense minister, Ishiba was strong on deterrence as a security issue.

Persons: CNN — Japan’s, Shigeru Ishiba, Ishiba, ”, Komeito, Liberal Democratic Party's, Takashi Aoyama, Fumio Kishida, ” Ishiba Organizations: CNN, NHK, Liberal Democratic Party, LDP, Constitutional Democratic Party of Japan, Japan's, Liberal Democratic, Reuters, Partnership, NATO Locations: United States, Asia, China, North Korea, Japan, Pacific

☆ Commonwealth leaders say ‘time has come’ for discussion on UK slavery reparations
▼ + stars: | 2024-10-26 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

CNN —Commonwealth leaders, ending a week-long summit in Samoa, said on Saturday the time had come for a discussion on whether Britain should commit to reparations for its role in the transatlantic slave trade. The statement also made reference to “blackbirding”, a term for people from places including the Pacific Islands being deceived, coerced or kidnapped to work on plantations in Australia and elsewhere. Those opposed to reparations say countries should not be held responsible for historical wrongs, while those in support say the legacy of slavery has led to vast and persistent racial inequality. The joint statement did not mention what form reparations should take. Stefan Rousseau/Pool/ReutersStarmer told a press conference the joint statement did two things: “It notes calls for discussion and it agrees that this is the time for a conversation.

Persons: Keir Starmer, ”, blackbirding, Stefan Rousseau, Reuters Starmer, we’ve, Kingsley Abbott, Abbott Organizations: CNN, Commonwealth, Government, British, Caribbean Community, African Union, Reuters, Institute of Commonwealth Studies, University of London, Pacific Locations: Samoa, Britain, Australia, Tuvalu

☆ Japan elections 2024: Shigeru Ishiba hopes to defy economic woes and party scandals in first test
▼ + stars: | 2024-10-26 | by ( Helen Regan | ) edition.cnn.com time to read: +4 min

CNN —Polls opened Sunday in Japan’s general election, in a test for new Prime Minister Shigeru Ishiba as he seeks voter support for his scandal-hit party just weeks after taking the role. By calling an election, Ishiba, 67, is seeking a public mandate for the ruling LDP amid falling approval ratings and public anger over one of the country’s biggest political scandals in decades. Former Prime Minister Fumio Kishida tried to contain the damage by replacing several cabinet ministers and dissolving LDP factions, essentially coalitions within the party. Ishiba has called for a more balanced relationship, including having greater oversight of US military bases in Japan, Reuters reports. As defense minister, Ishiba was strong on deterrence as a security issue.

Persons: Shigeru Ishiba, Ishiba, Fumio Kishida, ” Ishiba Organizations: CNN, Liberal Democratic Party, Reuters, Partnership, NATO, Sunday, Representatives, LDP, New Komeito Party Locations: Japan, Ishiba, United States, Asia, China, North Korea, Pacific

☆ A mega-earthquake could strike the Pacific Northwest any day — and we're not prepared
▼ + stars: | 2024-10-26 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +10 min

People along the coast now have 10 to 30 minutes to reach high ground before a giant wave engulfs the Pacific Northwest. The scene above is a worst-case scenario of a megaquake striking the Pacific Northwest. "It's ominously quiet," Harold Tobin, Washington's state seismologist and the director of the Pacific Northwest Seismic Network, told BI. The Pacific Northwest, by contrast, only found out about the danger posed by the Cascadia subduction zone in the 1980s. The Cascadia subduction zone pushed those mountains up about 10 million years ago, carving the mountain range that makes the Pacific Northwest so stunning.

Persons: Seattle isn't, Robert Ezelle, Rick Bowmer, Ted S, Warren, Juan, Harold Tobin, Tobin, Ezelle, Andrew Selsky, Itsuo Inouye, They've, Wally Santana, Barbara Ortutay Organizations: Washington state's Military, ., Puget Sound, Washington Army National Guard 792nd Chemical Company, Washington state's Military Department, Business, Northwest Seismic Network, AP, Columbia University, Big One, Federal Emergency Management Agency, US Navy, FEMA, Northwest Seismic Locations: Seattle, Pacific, Long Beach , Washington, Northern California, Vancouver, Grandview , Washington, Pacific Northwest, Washington, Washington's, Cascadia, Sitka spruces, Oregon, Japan, Japan's Miyagi Prefecture, Tohoku, Natori

☆ How activist Starboard may help boost value in Kenvue's skin and beauty business
▼ + stars: | 2024-10-26 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

The company operates through three segments: Self Care, Skin Health and Beauty, and Essential Health. Self Care product categories include pain care; cough cold allergy; and "other self care." The Skin Health and Beauty segment's product categories include face and body care and hair, sun and others. Skin Health and Beauty has been proven to be a marketing business whose growth can be greatly aided by social media. Kenvue has a solid business with iconic brands and one underperforming segment in Skin Health and Beauty.

Persons: Russell, Johnson, Kenvue, Michael CeraVe, Ken Squire Organizations: Skin, Health, Self, pharma, Colgate, Palmolive, Haleon, Kenvue, Essential Health, L'Oreal, Beauty, Skin Health, Management, 13D Locations: North America, Asia, Europe, Middle East, Africa, America, CY19, CeraVe

☆ Transit workers who lost jobs when they didn't get Covid vaccines are awarded $1M
▼ + stars: | 2024-10-25 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A federal jury awarded the six ex-BART workers between $1.1 million and more than $1.5 million each, court records show. Kevin Snider, who served as lead attorney, said the workers didn’t compromise their religious convictions for their jobs. A class-action lawsuit filed in October 2022 said BART granted the vaccine religious exemption for some, but denied accommodations in every instance. Between then and February 2022, about 179 employees submitted requests for religious exemptions, and 70 were approved, the suit said. However, one in three BART employees seeking medical exemptions were granted an accommodation, according to the suit.

Persons: ”, Kevin Snider Organizations: Bay, Rapid Transit, BART, Northern, Northern District of, The Pacific Justice Institute, Covid Locations: California, U.S, Northern District, Northern District of California

Asian Americans now make up 12% of the electorate in Nevada, with Filipinos being the largest subgroup. In 2020, President Joe Biden won 64% of the state’s Asian American vote, while Trump took 35%. But in 2022, support in the Nevada governor’s race was more split among the local Asian American, Native Hawaiian and Pacific Islander community, which only voted blue by an 8% margin. But frankly, Covid, or as I call it, ‘the China virus,’ was a step too far,” he said. Trump took a moment to praise the Filipino community, saying he likes their clothes.

Persons: Donald Trump, Trump, Tulsi Gabbard, Vivek Ramaswamy, ” Trump, Joe Biden, Xi, ’, ”, Eli Michaels, “, ” Vivek Ramaswamy, Patrick T, Fallon, Harris, Trump’s, Charlie Kirk, Kamala Harris, Ramaswamy, Gabbard, “ He’s, Vivek Organizations: American, Pacific, Change, Hawaii Rep, GOP, Hispanic, NBC News, Getty, Nevada’s, Las, Indian American, Trump Locations: Las Vegas, “, Pacific Islander, Nevada, Hawaiian, China, AFP

WASHINGTON — As Speaker Mike Johnson marks one year on the job Friday, he’s fighting hard to preserve House Republicans’ razor-thin majority — and his speakership. I’m going to be the speaker of the House,” Johnson said in a recent sit-down interview with NBC News at a campaign stop in Hellertown, Pennsylvania. "It's going to be a free-for-all" if Republicans lose the House and Trump loses the White House, a third House GOP lawmaker added. 2 GOP leader, Scalise also has not spoken publicly about what he’d run for in the minority. House Majority Leader Steve Scalise, R-La., is expected to run for minority leader if Republicans lose the House.

Persons: Mike Johnson, Republicans ’, Johnson, Johnson —, ”, Nancy Pelosi, Johnson’s, Steve Scalise, Jim Jordan, hasn’t, “, I’m, ” Johnson, Al Drago, Tom Emmer, Elise Stefanik, eyeing, Donald Trump, Jordan, They’ve, Scalise, John James, Tom Barrett, Joe McGraw of, “ Jordan, Kevin McCarthy’s, Emmer, —, Republicans —, Tom Williams, Trump, Republicans eke, “ He’s, Thomas Massie, Paul Gosar, Marjorie Taylor Greene, Scott Perry, Perry wouldn’t, ” Perry, Mike, he’s, David Valadao, ” Valadao, Patrick McHenry, McCarthy, Derrick Van Orden, ” Van Orden Organizations: WASHINGTON, Republicans, Louisiana Republican, GOP, Republican, NBC News, Trump, Bloomberg, Getty, National Republican Congressional, Joe McGraw of Illinois, Inc, Capitol Hill, FISA, Freedom Caucus, Intelligence, Democratic, Washington , D.C, Wisconsin GOP Locations: Louisiana, Ohio, Hellertown , Pennsylvania, Pacific Northwest, Washington, Michigan , Illinois, Minnesota, Michigan, Jordan, Israel, Ukraine, Ky, Trump, Perry’s, Washington ,, R, Wisconsin

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