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☆ Labor strikes shut down operations at Canada's container ports from East to West Coast, with U.S. trade left in limbo
▼ + stars: | 2024-11-04 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +7 min

Key ports on Canada's West Coast, including its largest container port in Vancouver and the Port of Prince Rupert, were shut down by a labor strike on Monday. According to the Greater Vancouver Board of Trade, $800 million in trade flows through West Coast ports every day. Montreal processes 40% of all East Coast container traffic. Approximately $572 million in container trade arrives daily in the U.S. from Canada, according to U.S. Census data. A temporary loss of the Canadian West Coast trade gateway could push carriers to discharge import cargo along the already strained U.S. West Coast, said Alan Baer, CEO of OL USA, further increasing the dwell time of containers and elongating overall transits.

Persons: of Prince Rupert, Vancouver and Prince Rupert, Prince Rupert, Eric Byer, Paul Brashier, Alan Baer, Steve Lamar, Frank Morena, Steven MacKinnon Organizations: Greater, Greater Vancouver Board of Trade, Local, Port, Canadian Union of Public Employees, U.S . Department of Transportation, Alliance for Chemical, Canadian Pacific Kansas City, Canadian National Railway, Logistics, International, Warehouse Union of Canada, ITS Logistics, East, Canadian West, USA, U.S ., American Apparel and Footwear Association, British Columbia Maritime Employers Association, Federal Mediation, Conciliation Services, Canada, ILWU, U.S, Canadian Labor Locations: West Coast, Vancouver, of, Foreman, Greater Vancouver, U.S, Port of Montreal, Montreal, United States, of Vancouver, Canada, Canadian West Coast, Port, Midwest, Asia, U.S . West Coast, Los Angeles, Long Beach , California, British Columbia, American, British, East Coast

☆ European markets head for mostly positive open as traders gear up for U.S. election
▼ + stars: | 2024-11-04 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are expected to start the week on a mostly positive note Monday, with all eyes on Tuesday's presidential election in the U.S. Earnings are set to come from BioNTech and Ryanair and data releases include European manufacturing purchasing managers' index data. Global market aftershocks may hinge heavily on which party takes control of Congress as a result of the vote. If control of the U.S. House of Representatives and Senate is divided, it would likely mean a maintaining of the status quo. Asia-Pacific markets rose Monday, while U.S. stock futures were mixed in overnight trading Sunday.

Persons: Germany's DAX, Donald Trump, Kamala Harris Organizations: U.S, France's CAC, IG, Ryanair, NBC, Global, U.S . House, Republican, Democratic Locations: BioNTech, Asia, Pacific

☆ Treasury yields fall as investors brace for U.S. presidential election
▼ + stars: | 2024-11-04 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +1 min

The yield on 10-year Treasury was last down by over six basis points, hovering around the 4.3% mark. The yield on the 2-year Treasury was last down by more than three basis points to 4.1661%. U.S. Treasury yields were lower on Monday as investors braced for a busy week which will see voters head to the polls for the U.S. presidential election and the Federal Reserve's next interest rate decision. Investors are also focused on the Fed's interest rate decision at the central bank's policy meeting on Thursday. Traders are were last pricing in a 99% chance of a quarter-point interest rate cut, according to CME Group's FedWatch tool.

Persons: Kamala Harris, Donald Trump, Jerome Powell Organizations: Treasury, U.S, Federal, U.S . House, NBC, PMI

☆ A family of Venezuelan migrants in Colorado found help in an unexpected place
▼ + stars: | 2024-11-04 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +13 min

After lunch, the American family took Simaray, Samuel and Santi to a pharmacy to buy shampoo and other items they needed. Denver Mayor Mike Johnston poses for a portrait at the Denver City & County Building. Rachel Woolf for CNNA ‘crisis’ was hitting the cityAt first, Mike Johnston didn’t know about the Facebook message his wife had sent. In the weeks that followed, the Johnston family teamed up with another Denver family, who was trying to help Simaray’s sister, Saray, and her 5-year-old twins, Mathias and Laura. “Two or three people came up to buy it, and each time, she said, ‘No,’” Mike Johnston says.

Persons: Simaray Sanzo, Samuel, didn’t, Santi, Sima, bienvenidos, Simaray, who’d, Rachel Woolf, Courtney, She’d, “, ”, Ava, ” Samuel, they’d, Mike, Mike Johnston, ’, Mike Johnston didn’t, Johnston, ” Johnston, Courtney Johnston, she’d, he’d, ’ ” ‘, ’ Samuel, –, tugging, … That’s, don’t, —, ” Courtney Johnston, Mathias, Laura, Laura Sanzo, Mathias Sanzo, Santiago Castellano, ‘, Santi …, I’m, Denver Mayor Mike Johnston, Samuel Castellano, who’ve, they’ve, who's, “ it’s, she’s, ” Simaray, hasn’t, they’re Organizations: Denver CNN, Facebook, CNN, de Denver, Google, Denver, Denver City, Denver Mayor, Democrat, Republican, “ Locations: Santiago, Denver, Venezuela, ”, “, Washington, Aurora

☆ Judith Kent, Jamie Dimon's wife, went door to door in Michigan canvassing voters for Kamala Harris
▼ + stars: | 2024-11-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Judith Kent, Jamie Dimon's wife, hit the campaign trail for Kamala Harris on Sunday. Kent went door to door to speak to voters in Lansing, Michigan. AdvertisementJudith Kent, the wife of JPMorgan CEO Jamie Dimon, was out in Michigan canvassing voters for Vice President and Democratic presidential candidate Kamala Harris on Sunday. "I have a lot of respect for Jamie Dimon," Trump told the outlet. In addition to Kent, the Harris campaign has won the support of multiple powerful women in business and entertainment alike.

Persons: Judith Kent, Jamie Dimon's, Kamala Harris, Kent, Dimon hasn't, —, Jamie Dimon, Dimon, Harris, Maggie Haberman, Walz, Andrew Restuccia, I'm, I've, Donald Trump, Trump, BI's Grace Eliza Goodwin, Taylor Swift, Melinda French Gates, Laurene Powell, Gates Organizations: Service, Democratic, New York Times, Democratic Party, Kent, Harris, Business, JPMorgan, Bloomberg, Bloomberg Businessweek, Truth, Democratic National Committee Locations: Lansing , Michigan, Michigan, Lansing, Maggie Haberman . Michigan, Kent

☆ Germany's government is on the brink of collapse — here’s what could happen now
▼ + stars: | 2024-11-04 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +4 min

Holger Schmieding, chief economist at Berenberg, noted that the three coalition partners have been acting "as if they were preparing to campaign against each other soon." Separately, the Green party's Robert Habeck, who is Germany's economy minister, proposed a policy plan to stimulate business investment that was criticized by the FDP. The Lindner paperAnother escalation took place on Friday, when Finance Minister Christian Lindner published a paper about reviving the struggling German economy. "The paper reads like a serious attempt to analyze Germany's problems and propose solutions. A hotly contested budgetA recent key issue within the coalition has been Germany's budget for 2025 — a topic that also features heavily in Lindner's paper.

Persons: Christian Lindner, Robert Habeck, Olaf Scholz, Sean Gallup, Chancellor Olaf Scholz's, Carsten Brzeski, Holger Schmieding, Scholz, Lindner, Greg Fuzesi, Morgan, Fuzesi, Berenberg's Schmieding Organizations: Climate, Bundestag, Getty, Chancellor Olaf Scholz's Social Democratic Party, SPD, Greens, Free Democratic Party, ING, FDP, Green, ZDF Locations: Berlin, Germany

☆ James Van Der Beek announces colorectal cancer diagnosis
▼ + stars: | 2024-11-03 | by ( Becca Wood | ) www.nbcnews.com time to read: +2 min

James Van Der Beek has been diagnosed with colorectal cancer. “There’s reason for optimism, and I’m feeling good.”Today.com has reached out to representatives for James Van Der Beek but did not immediately hear back. James Van Der Beek has been married to Kimberly Van Der Beek since 2010. On Nov. 3, Kimberly Van Der Beek tagged her husband on her Instagram story, sharing a photo of two cardinals and a quote about romance. For Halloween, James Van Der Beek posted a series of photos from Texas of their family fully decked out in costume for the holiday.

Persons: James Van Der Beek, “, I’ve, ”, ” Today.com, Kimberly Van Der Beek, Olivia, Joshua, Annabel, Emilia, Gwendolyn, Jeremiah, Didn’t, wouldn’t Organizations: American Cancer Society Locations: Texas, ”

☆ Two Ohio officers charged with reckless homicide in death of Black man who pleaded, 'I can't breathe'
▼ + stars: | 2024-11-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +4 min

Two Ohio police officers were charged with reckless homicide in the death of a Black man who pleaded, "I can't breathe," during a police encounter, authorities announced Saturday. Stone said he presented a grand jury with the results of an Ohio Bureau of Criminal Investigation probe into Tyson's death, which the agency completed in August. Tyson says multiple times, "I can't breathe." Tyson says again, “I can’t breathe. He also pleaded, "I can't breathe," as an officer held him in a chokehold.

Persons: Camden Burch, Beau Schoenegge, Frank E, Tyson, Kyle L, Stone, Burch, Schoenegge, Craig M, Riley, He's, “, George Floyd, Eric Garner, Bobby DiCello, John Tyson, “ It’s, ” Organizations: Ohio, Canton, NBC, Criminal, of Police Ohio Labor, Gold Unit, Canton Police Department, Minneapolis, New York City Locations: Stark County, Cleveland, Canton, New

☆ The 3 things that will influence the stock market in the most consequential week of the year
▼ + stars: | 2024-11-03 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The major stock benchmarks rallied Friday but were lower last week, with the Nasdaq leading the way lower after reaching new highs. Eight other Club names reported earnings last week, including Eli Lilly and Eaton. Despite indications from Big Tech that Nvidia's AI chips will remain in hot demand, the Club stock fell 4.3% for the week. The S & P 500 , which is less tech-weighted, fell nearly 1.4% for the week, making it back-to-back weekly losses for the broader market index. Earnings After analyzing earnings reports from 14 of our portfolio companies last week, there is only one Club name on the docket this week.

Persons: Eli Lilly, Eaton, Jim Cramer, financials Goldman Sachs, Kamala Harris, Donald Trump, Harris, Trump, That's, Jerome Powell, We're, we'll, Archer, Johnson, Jim Cramer's, Jim, Brendan McDermid Organizations: Nasdaq, Devices, Apple, Microsoft, Big Tech, Club, Nvidia, Dow, Intel, AMD, Dow Jones, Visa, American Express, JPMorgan, Bond, Federal Reserve, Boeing, Treasury, White, DuPont, Election, Protection, Electronics, Industrial, Constellation Energy, Marriott, Century Fox, Wynn Resorts, WYNN, Goodyear Tire, Cirrus, Diamondback Energy, Daniels, Midland, Apollo Global Management, Ferrari, Restaurant Brands, Emerson Electric, Devon Energy, Novo Nordisk, CVS Health, Howmet Aerospace, Teva Pharmaceutical Industries, Cedar Fair Entertainment, Toyota, American Electric Power Company, Johnson Controls, Dine Brands, Holdings, AMC Entertainment, Qualcomm, Coty, COTY, Energy, Barrick, Halliburton, HAL, Hershey, Air Products & Chemicals, Warner Bros ., Arista Networks, Rivian Automotive, Trade, Icahn Enterprises, Sony, SONY, Paramount, Jim Cramer's Charitable, CNBC, New York Stock Exchange Locations: BlackRock, Florida, China, Sluggishness, Cleveland, New York City, U.S

☆ Stock futures inch lower as Wall Street readies for U.S. presidential election: Live updates
▼ + stars: | 2024-11-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures dipped in overnight trading Sunday as investors geared up for the highly-anticipated U.S. presidential election. S&P 500 futures and Nasdsq-100 futures edged lower. Stocks are coming off a strong start to November, with Amazon and big technology stocks boosting the tech-heavy Nasdaq Composite and S&P 500- 0.8% and 0.4%, respectively. Along with the election, Wall Street is bracing for the latest rate decision from the Federal Reserve. Earnings seasons presses on with about a fifth of the S&P 500 slated to report in the coming week.

Persons: —, Donald Trump, Kamala Harris, CFRA Research's Sam Stovall, CNBC's, We've, Jerome Powell, Sarah Min Organizations: Dow Jones Industrial, Amazon, Nasdaq, Dow Jones, NBC, U.S . House, Republican, Democratic, Federal Reserve, Traders, Micro, Moderna, CVS Health, Qualcomm, Wynn Resorts

☆ IKEA will pay 6 million euros to East German prisoners forced to build their furniture in a landmark move
▼ + stars: | 2024-11-03 | by ( Sophie Tanno | ) edition.cnn.com time to read: +4 min

CNN —Furniture giant IKEA has agreed to pay 6 million euros ($6.5 million) towards a government fund compensating victims of forced labor under Germany’s communist dictatorship, in a move campaigners hope will pressure other companies to follow. Political as well as criminal prisoners in Germany during the Cold War era were forced to build flatpack furniture for IKEA. IKEA representatives at the time were likely aware that political prisoners were being used to supplement labor, the report found. Sven Hoppe/picture-alliance/dpa/AP“After it became known that the company was involved in forced prison labor, IKEA accepted our invitation to talk. According to UOGK, IKEA is one of many companies that benefitted from forced prison labor in communist Germany.

Persons: Ernst, Young, Andreas Hampel, East Germany’s, Walter Kadner, “, ”, Dieter Dombrowski, UOGK, Sven Hoppe, ” Dombrowski, Rainer Wagner, Evelyn Zupke Organizations: CNN, IKEA, German Democratic, Getty, Union of Victims ’, of Communist, IKEA Germany Locations: Germany, East Germany, Soviet Union, German Democratic Republic, Rothensee, IKEA Germany, GDR, Eching, Bavaria

☆ China's Premier Li Qiang to speak at import expo in Shanghai
▼ + stars: | 2024-11-03 | by ( ) www.cnbc.com time to read: +1 min

Li Qiang, China's premier, delivers a special address on the opening day of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. China's Premier Li Qiang will deliver remarks at the opening ceremony of this week's China International Import Expo, the Chinese commerce ministry said on Sunday, as Beijing seeks to show the faltering economy is open for business. Leaders from Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia and Serbia are among those expected for the opening ceremony and other events at the seventh import expo, which runs from Tuesday to Saturday in Shanghai, the foreign ministry said. Launched by President Xi Jinping in 2018, the expo this year is an opportunity to showcase China's opening up and reform agenda, as the world's second-largest economy faces growing global trade barriers and domestic challenges. The European Union plans to send representatives to the country soon for more negotiations regarding price commitments in their ongoing EV tariff dispute.

Persons: Li Qiang, Xi Jinping Organizations: Economic, China, European Union Locations: Davos, Switzerland, China, Beijing, Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia, Serbia, Shanghai, United States, Europe

☆ 10 House races to watch on election night (and beyond)
▼ + stars: | 2024-11-03 | by ( Terence Burlij | ) edition.cnn.com time to read: +17 min

With so much at stake, CNN has identified 10 races to watch on Tuesday – grouped into buckets that nod to broader themes across the House landscape. Democratic Rep. Abigail Spanberger decided against seeking a fourth term, instead launching a campaign for governor in 2025. Democratic Rep. Jared Golden has crafted a moderate profile by challenging his party on issues ranging from spending to immigration. This year she faces a challenge from GOP state Rep. Gabe Evans, a fellow Mexican American and a former Army helicopter pilot and police officer. GOP Rep. Zach Nunn, an Air Force officer, was first elected in 2022 – defeating Democratic Rep. Cindy Axne by about 2,000 votes.

Persons: CNN —, Mike Johnson, Hakeem Jeffries, Donald Trump, Kamala Harris, Eugene Vindman, Derrick Anderson, Abigail Spanberger, Biden, Vindman, Anderson, Trump’s, Alexander –, Volodymyr Zelensky, Jen Kiggans, Missy Cotter Smasal, Don Bacon, Tony Vargas, –, Joe Biden, Brad Ashford, Bacon, Vargas, Harris, Jared Golden, Austin Theriault, Golden, Theriault, Elissa Slotkin’s, Curtis Hertel, Tom Barrett –, Barrett, Gretchen Whitmer, Michigan’s, Dan Kildee, Yadira Caraveo, Gabe Evans, Hyoung Chang, Yadira, Evans, Scott Perry, Janelle Stelson, Stelson, Josh Shapiro, Perry, Marc Molinaro, Josh Riley, Sen, Al Franken, Trump, Michelle Steel, Derek Tran, Don Davis, Davis, Laurie Buckhout, Zach Nunn, Cindy Axne, Lanon Baccam, CNN’s David Wright, Matt Holt, Molly English, Renée Rigdon, Andrew Menezes Organizations: CNN, Congress, Republicans, GOP, Louisiana Republican, New York Democrat, White, Republican, Democratic, Labor, Army, National Security Council, NSC, Biden, Nebraska Rep, GOP Rep, Air Force, Democrats, Electoral College, Harris, Capitol, Trump, Marine Corps, Trump voters, NASCAR, Democrats outpacing Republicans, Republican Democratic Rep, Army helicopter, Slotkin, Hertel, CIA, Central Michigan, Colorado Rep, Denver Post, crosscurrents, Colorado, Latina, Caucus, – Trump, MAGA, Empire, Democrats outspending Republicans, District :, US Army, North, North Carolina –, an Air Force, Iowa’s, Dallas County, US Department of Agriculture Locations: Louisiana, Virginia’s, Washington, Virginia, District, Virginia Beach, Omaha, Maine’s, Canada, Lewiston –, AdImpact, Michigan’s, Michigan, Lansing, Central, Denver, exurbs, Mexican, Aurora, Central Pennsylvania, New York, Empire, Hudson, It’s, California’s, District : California, California, Orange, Los Angeles, Korean, North Carolina’s, North Carolina, Alabama, Iowa’s, Des Moines, Laos

The clock will strike 1 a.m. twice Sunday morning as daylight saving time once again comes to an end. Here’s what you need to know about daylight saving time and why the U.S. changes clocks twice a year. Daylight saving time began March 10 and ends Nov. 3. In 2025, daylight saving time starts on Sunday, March 9, and ends on Sunday, Nov. 2, when it’s time to repeat the process. In the Northern Hemisphere, most of the countries that observe daylight saving time are in Europe and North America.

Persons: Karin Johnson, Kin Yuen Organizations: U.S, Astronomical, Department, Pew Research Center, U.S . Senate, Protection, National Conference of State Legislatures, UMass Chan Medical, NBC News, University of California, American Academy of Sleep Locations: U.S, Hawaii, Arizona, Europe, North America, Southern, San Francisco

In the background, a man can be heard shouting at Kelce and then using a homophobic slur to describe his brother, Kansas City Chiefs tight end Travis Kelce, in reference to Travis Kelce’s relationship with pop superstar Taylor Swift. It was not immediately clear if the man whose phone was smashed was the same man who shouted the slur. It was also not clear whether the man was a student at Penn State or Ohio State or if he was just visiting for the game. Penn State also did not immediately respond to an inquiry about whether the man is a student there. Kelce’s brother, Travis Kelce, and Swift have been in a relationship since last summer, when Travis Kelce showed up to the “Eras Tour” in Kansas City with a friendship bracelet and a dream.

Persons: Jason Kelce, Travis Kelce, Travis Kelce’s, Taylor Swift, Kelce, ”, Swift, Kylie Organizations: Penn State, Ohio State, NBC News, Penn, Beaver, Kansas City Chiefs, Philadelphia Eagles, ESPN’s “, ESPN, Chiefs Locations: Happy Valley, Kelce, Kansas City, Miami

The clock is ticking on the New York Times’ iconic election needle. The New York Times Tech Guild announced that its members will go on strike on the eve of one of the most critical elections in the nation’s history if an agreement isn’t reached on a contract as soon as possible. The NYT Tech Guild comprises about 700 tech workers, including software engineers, designers, product managers and data analysts who build the newspaper’s most profitable products — like its website, podcasts and games. The New York Times has not responded to a request for comment. Much of the New York Times’ homepage on election night is dominated by graphics and other visual components, including the famous Needle, a data visualization that resembles a car’s speedometer.

Persons: isn’t, “, Kamala Harris, Donald Trump Organizations: New York Times, New York Times Tech Guild, NYT Tech, Times, The New York Times

Some officials pointed to Colorado as a strong example of planning for potential chaos surrounding the electors meeting. GeorgiaIn Georgia, state law mandates that electors “shall” meet at the state Capitol, and elections officials there are making sure they will. MichiganIn Michigan, state law requires electors to meet this year on Dec. 17 in the state Capitol’s Senate chamber. State officials indicated there was no leeway to change that. Per state law, the electors meet in the state House chamber of the state Capitol on the first Tuesday after the second Wednesday in December (Dec. 17).

Persons: —, Donald Trump, Kamala Harris —, ” Elaine Marshall, “, haven’t, they’d, State Jena Griswold, Adrian Fontes, “ We’ve, ” Fontes, Fontes, ”, Mike Hassinger, Brad Raffensperger, Hassinger, hadn’t, ” Angela Benander, Jocelyn Benson, Benander, Gretchen Whitmer, Stacey LaRouche, Whitmer, Whitmer “, Michiganders, Michael Shaw, ” Cecilia Heston, Cisco Aguilar, ” Marshall, ” Amy Gulli, Al Schmidt, Sarah Godlewski, Tony Evers Organizations: Electoral College, Washington , D.C, Colorado, State, . Arizona, Marine Corps, Republican, Capitol Police, Georgia State Patrol, Senate, Michigan State Police, Department of State, Shapiro Administration, Pennsylvania Department of State, The Locations: Washington ,, North Carolina, Colorado, Arizona In Arizona, Arizona, Georgia, Michigan, ” Nevada, Nevada, ”, Carolina, Pennsylvania, Wisconsin In Wisconsin, Wisconsin

☆ Here's how an 86-year-old grandmother got her nearly $32,000 private student loan debt forgiven
▼ + stars: | 2024-11-02 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

"We've waived the remaining balance on your private student loan in the amount of $31,730.76," the Aug. 29 letter said, in part. Rebecca Finch Courtesy: Rebecca FinchBut the road to that relief was long, confusing and intensely stressful, said Rebecca's daughter, Sabrina Finch. Originally, Sabrina was the primary borrower of the Navient private student loan, and her mother, Rebecca, was the co-signer. In May, Navient excused Sabrina from her private student loan. But there's no question it's incredibly difficult for co-signers to be forgiven from a private student loan, consumer advocates say.

Persons: Rebecca Finch couldn't, We've, Navient, Rebecca, Finch, Rebecca Finch, Sabrina Finch, Sabrina, Sabrina —, Hartwick, EDCAP's Rodriguez Organizations: CNBC, Social Security, Consumer Financial Locations: Navient

☆ Why Nvidia replacing Intel in the Dow Jones Industrial Average matters
▼ + stars: | 2024-11-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Nvidia stock will replace Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices said Friday. AdvertisementNvidia will replace Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices said in a statement on Friday, in a move that underscores the growing lead the chipmaker has over other tech titans in the AI race. Nvidia is up nearly 3% in after-hours trading, while Intel is down nearly 2%Representatives for Intel and Nvidia declined to comment when reached by Business Insider. The analysis is in the statement from the Dow Jones Industrial Average. The question for Intel right now is, can they regain relevance?

Persons: Dow, Emma Cosgrove, — Organizations: Intel, Dow Jones, titans, Business, Service, Nvidia, Dow Jones Indices, Big Tech, Facebook, Apple

☆ Harris defends CHIPS Act after House Speaker Johnson suggests GOP would try to repeal law
▼ + stars: | 2024-11-02 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

SHAWN THEW/Pool via REUTERSVice President Kamala Harris on Saturday criticized House Speaker Mike Johnson for suggesting that Republicans may try to repeal the CHIPS and Science Act if they win Congress, a remark he has since tried to walk back. "I also want to speak to the comments that have been recently made by the speaker of the House," Harris said in Milwaukee to a group of reporters. Now to get rid of the CHIPS Act," she added. Speaker Johnson, R-La., made the comment at a Friday campaign event in New York for House Rep. Brandon Williams, R-N.Y., a vulnerable GOP candidate in one of the most closely watched House races of this election cycle. The CHIPS Act passed Congress with bipartisan support in 2022.

Persons: Mike Johnson, Kamala Harris, Joe Biden's, SHAWN THEW, Harris, Donald, We've, Johnson, Brandon Williams Organizations: REUTERS, Affordable, House Rep, GOP Locations: Washington , DC, USA, Milwaukee, New York

☆ Sexual misconduct allegations directed at former MrBeast collaborator are baseless, law firm probe finds
▼ + stars: | 2024-11-01 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Chloe_Melas.Jpg | Chloe Melas | ) www.nbcnews.com time to read: +5 min

A third-party legal probe into Jimmy Donaldson’s MrBeast LLC found that allegations of sexual misconduct directed at the top YouTube creator’s company were baseless. In a social media post Friday, Donaldson wrote on X that an investigation into allegations regarding his company had concluded. But the law firm wrote in its assessment that “allegations of sexual misconduct (e.g., pedophilia, grooming, child pornography, etc.) In a post on X, LavaGS said private investigators reviewed all the DMs and interactions between them and Tyson. "It was incredibly difficult having my name thrown around in a public forum without being given the opportunity to share the truth," LavaGS wrote Friday.

Persons: Jimmy Donaldson’s MrBeast, Quinn Emanuel Urquhart, Sullivan, Ava Kris Tyson, ” Tyson, Tyson, Donaldson, ” Quinn Emanuel, Discords, WhatsApps, “, ”, LavaGS, ” Donaldson, Kai Cenat, Logan Paul, Bella Poarch, Quinn Emanuel Organizations: YouTube, NBC News, Games, Company, Forbes, Amazon Studios

Collins Dictionary announced "brat" as its word of the year Friday, calling it a "cultural phenomenon that has resonated with people globally." The word sparked a cultural movement after British artist Charli XCX released her sixth studio album, “Brat,” in June. "Brat summer established itself as an aesthetic and a way of life,” Collins Dictionary wrote on its website. It defined “brat" as having “a confident, independent, and hedonistic attitude.”Representatives for Charli XCX did not immediately respond to a request for comment. While some mistook "brat" as having a negative connotation, Charli XCX and her fans declared that it was someone who was unapologetically themselves.

Persons: Charli XCX, ”, Kamala Harris, ” Collins, XCX, Taylor Swift’s, romantasy, they’ve Organizations: Collins, ”

Two starkly different House candidates, in separate races, personify the intensifying ideological partitioning occurring within the once strongly Democratic constituency of Latino voters, whose numbers are growing. Their highly competitive races, along with a few other California congressional races, have pushed Latino voters to the front lines of the bitter fight for control of the House. “We have centered on Latino voters in our campaign,” said Whitesides, whose wife is of Cuban and Salvadoran heritage. In the same poll, 52% of Latino voters in District 27 said they support Whitesides, compared to 24% for Garcia and 24% completely undecided. In the last presidential election, Latino turnout was very high, and now it “actually is approaching the turnout rate for non-Latinos,” Vargas said.

Persons: Rudy Salas, Mike Garcia, Salas, David Valadao, Garcia, Democrat George Whitesides, ”, Arturo Vargas, —, wasn’t, he’d, ” Salas, “, aren’t, Valadao’s, Donald Trump, Valadao, Irfan Khan, Luis Alvarado, ” Alvarado, ” Garcia, he’s, Joe Biden, Whitesides, ” Whitesides, George Whitesides, Susan Montoya Bryan, Kamala Harris, Biden, Harris, Julián Castro, ” Vargas, Harris — Organizations: Democratic, California’s Central Valley ., House, Republicans, Five, GOP, Democrat, NASA, National Association of Latino, Central, “, Representatives, Capitol, Los Angeles Times, Getty, Democrats, Republican, Congress, California Republican, Center, Politics, University of Virginia, Los Angeles In, Naval Academy, Navy, Trump, Virgin Galactic, NBC, Latino Community Foundation, Valadao, BSP Research Locations: California’s Central Valley, Los Angeles, California, Five California, Valley, Central Valley, Azores, Hansford, Calif, Los Angeles In California’s, Mexico, Black, Cuban, Salvadoran, homeownership, Upham, N.M

Charlotte Kates, a New Jersey native and Rutgers Law School graduate who co-founded the pro-Hamas organization Samidoun, has become the focus of an ongoing legal debate: When does free speech cross the line into breaking federal anti-terrorism laws? Germany banned the organization last November, and Israel designated it a terrorist organization in 2021. Kates’ open support of terrorist organizations puts her in the middle of a growing legal dispute: When does free speech cross the line into breaking federal anti-terrorism laws? “As far as I’m concerned, this is legitimate political advocacy, unpleasant as it may be.”What is ‘knowingly’ coordinating with a terrorist organization? “You don’t have a right to pick and choose which law to follow.”Not all federal law enforcement experts agree with Burns’ approach.

Persons: Charlotte Kates, Kates, “, ” Kates, Samidoun, Tom Petrowski, ” Petrowski, Dr Basem Naim, Odysee Petrowski, David Goldberger, Goldberger, ”, —, Basem Naim, Naim, Israel “, Andrew Lichtenstein, they’re, John Roberts, Stephen Breyer, Sonia Sotomayor, Ruth Bader Ginsburg, “ We’re, “ It’s, Frank Figliuzzi, ” Figliuzzi, Daniel Richman, webinars, ” Richman, “ Definitionally, Khaled Barakat, Barakat, ” Samidoun, Lara Burns, Burns, George, ” Burns, Barbara McQuade, ” McQuade, McQuade, webinar Organizations: Rutgers Law School, NBC News, Treasury, Canadian, Republican, Justice Department, FBI, Civil, Terrorism Task Force, Hamas, Samidoun, Odysee, Palestine Islamic, American Civil Liberties Union, YouTube, ”, Columbia University, Supreme, Kurdistan Workers ’ Party, Liberation Tigers, NBC, Columbia, Treasury Department, Front, Liberation, PFLP, Palestine, Palestinian, Columbia University Apartheid, World Trade, Patriot, Brandenburg, Land Foundation, George Washington University’s Program, Extremism, Islamic State, Eastern, Eastern District of Locations: New Jersey, Vancouver , British Columbia, U.S, South Africa, Germany, Israel, Vietnam, Dallas, Palestine, American, Skokie , Illinois, New York, Chicago, New York City, Kurdistan, Tamil Eelam, webinars, Swiss, Instagram, Brandenburg v . Ohio, Texas, Eastern District, Eastern District of Michigan

☆ Amazon said its shoppers keep choosing cheap items – and that's good for business
▼ + stars: | 2024-11-01 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Amazon's customers are buying cheap products, the retailer's top execs said in its Thursday earnings call. Amazon reported a strong third quarter, beating earnings expectations. While these items "often have a lower average selling price," Olsavsky said that these buying patterns are still a net positive for Amazon. Representatives for Amazon did not respond to a request for comment from Business Insider, sent outside business hours. Its net sales for the quarter hit $158.9 billion, outperforming analyst expectations of $157.3 billion.

Persons: execs, —, we're, Andy Jassy, Brian Olsavsky, Olsavsky, Jassy, Wells Fargo Organizations: Service, Amazon's, Amazon, Business Locations: North America

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