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[1/5] San Francisco drag queen Khmera Rouge performs onstage during the GAYPEC event hosted at Beaux Night Club in the Castro District of San Francisco, California, U.S., November 15, 2023. San Francisco is known for its large and politically active LGBTQ population, and its myriad gay bars, including the venue for Wednesday's event, Beaux. Most at the event, as it turned out, were not APEC delegates. Stephanie Wong and Khoa Tran, founders of San Francisco tech startup reverylab.com, said they came because they were curious -- and they thought it would offer networking opportunities. Mark Anthony Catalan, a university student and a volunteer at the APEC summit, said he was sceptical.

Persons: Khmera Rouge, Brittany Hosea, frocks, Rafael Mandelman, Castro, Evan Low, Stephanie Wong, Khoa Tran, Mark Anthony Catalan, Ann Saphir, Sharon Singleton Organizations: Beaux Night, Castro District of, REUTERS, FRANCISCO, Asia Economic Cooperation, Reuters, Pew Research, APEC, San, Thomson Locations: Francisco, Castro District, Castro District of San Francisco , California, U.S, San Francisco, . California

LONDON (AP) — A book about a fire that ravaged a Canadian city and has been called a portent of climate chaos won Britain’s leading nonfiction book prize on Thursday. John Vaillant’s “Fire Weather: A True Story from a Hotter World” was awarded the 50,000 pound ($62,000) Baillie Gifford Prize at a ceremony in London. Last year’s prize winner, Katherine Rundell, gave her prize money for “Super-Infinite: The Transformations of John Donne” to a conservation charity. Historian Ruth Scurr, who was on the panel, said she did not feel “compromised” as a judge of the prize. “I have no qualms at all about being an independent judge on a book prize, and I am personally thrilled that the winner is going to draw attention to this subject,” she said.

Persons: Britain’s, John Vaillant’s, Baillie Gifford, Frederick Studemann, Vaillant, “, David, ”, Siddhartha Mukherjee’s “, Katherine Rundell, John Donne ”, Ruth Scurr Organizations: “ Locations: Canadian, London, British Columbia, Fort McMurray, U.S

☆ Fed's Cook says economic risks two-sided, 'soft landing' possible
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

"I believe that a 'soft landing' is possible, with continued disinflation and a strong labor market, but it is not assured," Cook said in remarks prepared for delivery to a San Francisco Fed conference on Asian economic policy. "I see risks as two-sided, requiring us to balance the risk of not tightening enough against the risk of tightening too much." Meanwhile, Cook noted, other global central banks have also tightened policy rapidly. "But in a world of uncertainty it is hard to judge the exact size of these spillovers." Reporting by Ann Saphir; Editing by Paul SimaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Lisa Cook, Jonathan Ernst, Cook, bank's, there's, Ann Saphir, Paul Simao Organizations: Federal Reserve, of Governors, Capitol, REUTERS, FRANCISCO, Federal, San Francisco Fed, U.S, Thomson Locations: Washington , U.S, U.S

☆ Fed President Daly warns against calling time on rate-rising cycle too soon - FT
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: 1 min

Federal Reserve Bank of San Francisco President Mary Daly poses for a photograph at the Kansas City Federal Reserve Bank's annual Economic Policy Symposium in Jackson Hole, Wyoming, U.S. August 25, 2023. REUTERS/Ann Saphir/File Photo Acquire Licensing RightsNov 15 (Reuters) - San Francisco Federal Reserve President Mary Daly warned against calling time on rate-rising cycle too soon, in an interview to Financial Times on Wednesday. Daly refused to rule out another interest rate increase, given uncertainty about whether the central bank has done enough to push consumer price growth back down to its 2 per cent target. She indicated little concern about the recent sharp fall in US government bond yields, which has loosened financial conditions, according to FT. Reporting by Urvi Dugar in BengaluruOur Standards: The Thomson Reuters Trust Principles.

Persons: Mary Daly, Ann Saphir, Daly, Urvi Organizations: Reserve Bank of San Francisco, Kansas City Federal, REUTERS, San Francisco Federal, Financial Times, Thomson Locations: Jackson Hole , Wyoming, U.S, Bengaluru

[1/5] Protesters taunt people in suit, during a rally in opposition to the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 15, 2023. REUTERS/Loren Elliott Acquire Licensing RightsSAN FRANCISCO, Nov 15 (Reuters) - Protesters took to the streets of San Francisco early on Wednesday morning ahead of a meeting between U.S. President Joe Biden and Chinese President Xi Jinping, obstructing some entrances to the APEC conference. Global leaders and CEOs of major U.S. corporations will all be at the Asia Pacific Economic Cooperation (APEC) forum in San Francisco, offering tempting targets to protest. Protesters supporting spiritual group Falun Gong, which is banned in China, lined motorcade entry points into the convention center area. Supporters of China also turned out near where Biden and Xi will meet, waving Chinese and U.S. flags as well as posters with both flags together.

Persons: Loren Elliott, Joe Biden, Xi Jinping, Biden, Pema Doma, Xi, ”, Gong, Xi's, Ann Saphir, Peter Henderson, Josie Kao Organizations: Economic Cooperation, REUTERS, FRANCISCO, APEC, Global, Asia Pacific Economic Cooperation, Police, Chinese Communist Party, U.S . Department of Homeland Security, U.S, Secret Service, Thomson Locations: Asia, San Francisco , California, U.S, San Francisco, Israel, Tibet, United States, China, Francisco

☆ Late Israel equaliser puts Swiss Euro 2024 qualification on ice
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

The unbeaten Swiss moved top of Group I, with 16 points from eight matches, but only ahead of Romania on goal difference. Israel are third on 12 points with all three countries having two games left. Vargas came within inches of doubling his tally five minutes after his goal when he thundered a shot off the crossbar. As a result, Israel play four games in the space of nine days to complete their qualifying campaign. The Swiss face Kosovo in Basel on Saturday and then complete their campaign away in Romania on Tuesday.

Persons: Israel, Shon Weissman's, Ruben Vargas, Edimilson Fernandes, Weisman’s, Fernandes, Noah Okafor, Vargas, Sean Goldberg, Dor Turgeman’s, Turgeman, Yann Sommer, Mark Gleeson, Toby Davis Organizations: European Championship, Kosovo, Swiss, Palestinian, Hamas, Romania, Puskas Academy Arena, Thomson Locations: FELCSUT, Hungary, Switzerland, Germany, Swiss, Romania, Israel, Kosovo, Budapest, Andorra, Basel, Cape Town

REUTERS/Carlos Barria/File Photo Acquire Licensing RightsSAN FRANCISCO, Nov 13 (Reuters) - U.S. Treasury Secretary Janet Yellen on Monday said negotiations on the trade section of the Indo-Pacific Economic Framework will need further work, a setback for the Biden administration which had hoped to announce substantial outcomes this week. Yellen told a news conference there has been "very substantial progress" on three of the four areas under discussion by the 14 IPEF member countries, but there are "remaining issues" on trade. She said there had been "significant progress" on the trade pillar, "but it looks not to be complete, like something that is likely to require further work." People familiar with the talks said that an announcement of outcomes is more likely on clean energy cooperation and anti-corruption pillars of the IPEF. Both agreed that the U.S. and China should seek fair trade relations and a level playing field on which their companies can compete, Yellen added.

Persons: Janet Yellen, Lifeng, Carlos Barria, Biden, Yellen, Joe Biden, IPEF, Donald Trump, David Lawder, Ann Saphir, Tom Hogue, Lincoln Organizations: Treasury, APEC, Economic Cooperation, REUTERS, FRANCISCO, . Treasury, Reuters, Asia Pacific Economic Cooperation, San Francisco . U.S, Pacific Partnership, Thomson Locations: U.S, Asia, San Francisco , California, Pacific, San Francisco ., China, CHINA, Beijing, San Francisco

U.S. Secretary of Treasury, Janet Yellen hosts a Finance Ministers? Meeting plenary at the APEC (Asia-Pacific Economic Cooperation) Summit in San Francisco, California, U.S. November 13, 2023. "This is a decision I disagree with," she said at a news conference at the close of the APEC Finance Ministers' Meeting in San Francisco, California. The ratings agency on Friday lowered its outlook on the U.S. credit rating to "negative" from "stable," citing large fiscal deficits and a decline in debt affordability. The rise in long-term interest rates would create a challenge to debt sustainability if it lasts, Yellen acknowledged.

Persons: Janet Yellen, Carlos Barria, Yellen, Biden, David Lawder, Ann Saphir, Tom Hogue Organizations: Treasury, Ministers, APEC, Economic Cooperation, REUTERS, FRANCISCO, . Treasury, Monday, APEC Finance, Internal Revenue Service, House Republicans, Thomson Locations: Asia, San Francisco , California, U.S

Prices of futures contracts that settle to the Fed's target rate were pricing in only about a 5% chance the Fed will raise its policy rate any higher than the current 5.25% to 5.50% range. Core inflation, which excludes energy and food, rose 4%, the slowest pace in more than two years. "You can say goodbye to the rate hiking era," said Brian Jacobsen, chief economist at Annex Wealth Management. The Fed is now seen as more likely than not to deliver its first rate cut in May, and end 2024 with the short-term benchmark rate a full percentage point lower than today, based on rate futures pricing. "The Fed for now will maintain its tightening bias, erring on the side of caution," she wrote.

Persons: Brian Jacobsen, Jerome Powell, aren't, Kathy Bostjancic, Ann Saphir, Lucia Mutikani, Chuck Mikolajczak, Chizu Nomiyama, Jonathan Oatis Organizations: Federal Reserve, Labor Department, Energy, Traders, Annex Wealth Management, Nationwide, Thomson Locations: U.S

☆ Fed's Goolsbee sees inflation falling fast without jobless surge
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

Chicago Fed President Austan Goolsbee speaks as he heads into the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming, U.S., August 24, 2023. A Labor Department report earlier on Tuesday showed the consumer price index rose 3.2% in October from a year earlier, down more than 3 percentage points from January. The Fed targets 2% inflation by a different measure, the personal consumption expenditures price index, which was 3.4% in September. Going forward, Goolsbee said he's focused on inflation data and sees overheating as a lesser risk than an external shock. "The key to further progress over the next few quarters will be what happens to housing inflation," he said.

Persons: Austan Goolsbee, Ann Saphir, Goolsbee, he's, Paul Simao Organizations: Chicago Fed, Kansas City, REUTERS, Chicago Federal, Detroit Economic, Labor Department, Fed, Thomson Locations: Kansas, Jackson Hole , Wyoming, U.S

[1/7] Chinese President Xi Jinping arrives at San Francisco International Airport to attend the APEC (Asia-Pacific Economic Cooperation) Summit in San Francisco, California, U.S., November 14, 2023. He is due to meet U.S. President Joe Biden at an undisclosed location in the San Francisco Bay Area on Wednesday morning and then attend the annual summit of the Asia Pacific Economic Cooperation (APEC) forum. U.S. Trade Representative Katherine Tai, who with Blinken opened the APEC ministerial session, said the San Francisco meeting came at a time of "great uncertainty and challenges" for the region. As Biden arrived in San Francisco, shortly before Xi was due to land, dueling demonstrators greeted the U.S. president's motorcade from the airport. Earlier on Tuesday, a small aircraft flew circles over the APEC summit venue in downtown San Francisco, trailing a banner that read "END CCP FREE CHINA FREE HK FREE TIBET FREE UIGHUR," referring to China's treatment of Uyghurs, which the Biden administration calls "genocide."

Persons: Xi Jinping, Brittany Hosea, Antony Blinken, Xi, Joe Biden, Biden, Janet Yellen, China Nicholas Burns, Blinken, Katherine Tai, John Kirby, Nancy Pelosi, Michael Martina, Ann Saphir, David Brunnstrom, Trevor Hunnicutt, David Lawder, Chris Reese, Josie Kao Organizations: San Francisco International Airport, APEC, Economic Cooperation, REUTERS, FRANCISCO, U.S, San Francisco Bay Area, Asia Pacific Economic Cooperation, Air China, . Trade, San, White House, Biden, China, Chinese Communist Party, Thomson Locations: Asia, San Francisco , California, U.S, United States, Beijing, San Francisco Bay, Air, China, Washington, San Francisco, Israel, Gaza, Ukraine, Taiwan, Tibet, Hong Kong, CHINA, TIBET

☆ What Wall Street can expect from key Biden-Xi meeting as U.S.-China relations remain tense
▼ + stars: | 2023-11-14 | by ( Pia Singh | ) www.cnbc.com time to read: +7 min

Chinese companies, meanwhile, have accelerated in global patent holdings in the cybersecurity sector, according to a recent Nikkei report. More reassurance to Chinese investors To be sure, while these stocks continue to rally, investors in the U.S. largely remain cautious about making any trades based on expectations ahead of the Biden-Xi talks. If anything, Chinese investors could leave Wednesday with more reassurance—which China's economy desperately needs as it struggles to make a post-pandemic recovery. Chinese investors "remain concerned that the deterioration in the bilateral political relationship could have a negative impact on the Chinese economy," Matthews investment strategist Andy Rothman said. Shaun Rein of China Market Research Group told CNBC last week that the meeting "might lower down the temperature," but that he does not expect "anything meaningful" to come from it.

Persons: Joe Biden, Xi Jinping, Frederic Neumann, Neumann, Biden, Xi, Brian Gardner, Gardner, Neo Wang, Wang, Tesla, BYD, Matthews, Andy Rothman, Shaun Rein, Rein, Derek Scissors, CNBC's Organizations: HSBC, Economic Cooperation, South China Morning Post, U.S . Department of Commerce, Nikkei, Micro Devices, Intel, Nvidia, AMD, Micron, MU, Microsoft, Biden, China Market Research Group, CNBC, American Enterprise Institute Locations: China, U.S, Asia, San Francisco, Washington, Beijing, Tesla's China, Europe, South Korea, Japan

☆ German government supports Siemens Energy with $8 bln guarantees
▼ + stars: | 2023-11-14 | by ( Christian Kraemer | ) www.reuters.com time to read: +3 min

Miniatures of windmill, solar panel and electric pole are seen in front of Siemens Energy logo in this illustration taken January 17, 2023. Private banks were expected to provide Siemens Energy with guarantees worth 12 billion euros while Siemens Energy would seek another 3 billion from other sources, the statement said, adding it was conditional on the final sign-off of all parties. "We are pleased with the German government's clear support for Siemens Energy and the commitment to the rapid implementation of projects to make the energy transition a success," Siemens Energy said in a statement. Shares in Siemens AG rose 2.7% at 1517 GMT on the deal while Siemens Energy shares were up 0.3%. Siemens AG, which spun off Siemens Energy in 2020, is also expected to provide support by buying most of the 24% stake Siemens Energy owns in Siemens Ltd (SIEM.NS), an Indian joint venture, sources have told Reuters.

Persons: Dado, Marco Buschmann, Buschmann, Christian Kraemer, Alexander Hübner, Christoph Steitz, Linda Pasquini, Madeline Chambers, Matthias Williams, Kirsti Knolle, David Evans Organizations: Siemens Energy, REUTERS, Rights, Siemens AG, Reuters, Siemens Ltd, Siemens, RTL, ntv, Thomson Locations: Indian

☆ South Korea will not take Singapore, China lightly, says Klinsmann
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

South Korean national soccer team's new head coach Juergen Klinsmann speaks upon his arrival at Incheon International Airport in Incheon, South Korea, March 8, 2023. After a rocky start to his tenure, Klinsmann has guided Korea to three straight wins in friendly matches and should make it five victories on the trot against 155th-ranked Singapore and number 79 China. "All the teams that fight for a spot in the World Cup will fight even harder now. We will be very serious in every World Cup qualifying game." South Korea, number 24 in the FIFA rankings, have won the Asian Cup twice, but the regional heavyweights have not lifted the trophy since 1960.

Persons: Juergen Klinsmann, Kim Soo, Juergen, Klinsmann, Pearl Josephine Nazare, Peter Rutherford Organizations: Korean, soccer team's, International Airport, REUTERS, Singapore, FIFA, Asian, Thomson Locations: Incheon, South Korea, Seoul, China, U.S, Canada, Mexico, Korea, Qatar, Bengaluru

☆ Exxon to start lithium production for EVs in the U.S. by 2027
▼ + stars: | 2023-11-13 | by ( Sabrina Valle | Thomson Reuters | U.S. Energy Correspondent Focused In Covering Global Operations Of Oil Majors Out Of Houston. | ) www.reuters.com time to read: +3 min

[1/2] Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. Ammann did not disclose how much Exxon intends to invest in the lithium business, or when it might become profitable. Exxon plans to begin production with partner Tetra Technologies, Reuters exclusively reported on Saturday. It will produce the metal onsite and sell it under the brand name Mobil Lithium, the company said on Monday. Exxon is focusing on lithium production to be used not only in EVs but also consumer electronics and energy storage systems that can hold electricity generated from intermittent solar and wind power.

Persons: Dado Ruvic, Dan Ammann, Ammann, Sabrina Valle, Sourasis Bose, Maju Samuel, Bernadette Baum Organizations: Exxon Mobil, REUTERS, Companies, Exxon, Tetra Technologies HOUSTON, Exxon's, Imperial, Tetra Technologies, Reuters, Mobil, BP, Shell, Deloitte, Thomson Locations: China, United States, Europe, Arkansas, U.S, Alberta, Canada, Houston, Bengaluru

☆ Paraguay's beef likely won't boost tight US supplies, importers say
▼ + stars: | 2023-11-13 | by ( Tom Polansek | ) www.reuters.com time to read: +2 min

[1/2] Employees cut fresh beef meat into small pieces at the First Capitol Meat Processing plant in Corydon, Indiana U.S. January 31, 2022. "There's typically now a pretty big race to get product in under that quota," Sothmann said. The U.S. Department of Agriculture forecasts total U.S. beef and veal imports at about 1.6 million metric tons this year. Paraguay may eventually ship 3,250 to 6,500 metric tons annually, or 5% to 10% of the tariff-rate-quota for the countries without individual agreements, the USDA said. Analysts expect Paraguay to compete with producers like Brazil to supply lean beef that is blended with fattier U.S. supplies.

Persons: Amira Karaoud, Stephen Sothmann, Sothmann, Tom Polansek, Rod Nickel Organizations: Corydon , Indiana U.S, REUTERS, Rights, Import Council of America, Suppliers, U.S . Department of Agriculture, U.S, Thomson Locations: Corydon , Indiana, Paraguay, U.S, Brazil, Ireland, Japan, Namibia

☆ Amazon cuts jobs in games unit, part of broader restructuring
▼ + stars: | 2023-11-13 | by ( Greg Bensinger | Thomson Reuters | Greg Bensinger Joined Reuters As A Technology Correspondent In Focusing On The World'S Largest Technology Companies. He Was Previously A Member Of The New York Times Editorial Board | ) www.reuters.com time to read: +2 min

REUTERS/Pascal Rossignol Acquire Licensing RightsNov 13 (Reuters) - Amazon.com (AMZN.O) has cut around 180 jobs in its games division, at least the second round of cuts in under a week, as part of a broader restructuring, according to an email viewed on Monday by Reuters. It represents the second cut to the division this year. Amazon last week also began cutting jobs in its streaming music and podcast division, according to people familiar with the matter. The games division offers downloadable versions of many video games, on a monthly rotation, as well as some Twitch channels and other services. In April, Amazon cut about 100 jobs in the games unit.

Persons: Pascal Rossignol, Christoph Hartmann, Hartmann, We've, Greg Bensinger, Sayantani Ghosh Organizations: REUTERS, Reuters, Amazon Games, Amazon, Technology, Gaming, Thomson Locations: Lauwin, France, Seattle, United States

☆ Exxon aims to become a top lithium producer for electric vehicles with Arkansas drill operation
▼ + stars: | 2023-11-13 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

Exxon Mobil aims to become a leading producer of lithium for electric vehicle batteries through a drilling operation the oil giant is launching in Arkansas, the company announced Monday. Discussions with potential customers such as electric vehicle and battery manufacturers are ongoing, Exxon said in a statement. The lithium operation comes as the major oil companies are under pressure to address climate change. Exxon views lithium as a decadeslong investment with high growth potential as the U.S. shifts to electric vehicles, Ammann said. The U.S currently has just one commercial-scale lithium production operation, in Nevada.

Persons: Dan Ammann, Ammann, " Ammann, CNBC's Organizations: Exxon Mobil, Exxon, Shell, BP, CNBC, . Geological Survey, U.S, Li, Department of Energy, Electric, Cox Automotive Locations: Arkansas, U.S, Argentina, Chile, Nevada

☆ Morning Bid: Chip stocks cheered while the rest retreat
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 30, 2023. Monthly retail sales data is due on Wednesday but the country's Singles Day shopping extraganza over the weekend - equivalent to Black Friday sales elsewhere - recorded only meagre growth. A sub-index of tech shares remained firmly positive but another of mainland property developers slumped more than 1%. U.S. retail sales data is also due on Wednesday, preceded by CPI a day earlier. ECB President Christine Lagarde last week said that rates will stay restrictive at least for several quarters.

Persons: Kevin Buckland Chip, Christine Lagarde, Luis de Guindos, Catherine L, Mann, Huw Pill, BoE's Mann, Sweden SEB, Kevin Buckland, Edmund Klamann Organizations: REUTERS, Staff, Wall, Reuters, Nikkei, CPI, Federal Reserve, Finance, Bank of England, New York Fed, Thomson Locations: Frankfurt, Germany, China, Hong Kong, Elswhere, Sweden

☆ Morning Bid: Sidestepping Moody's rating twist
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. It's the last of the three major rating agencies to maintain a top rating for the U.S. Treasury as Fitch lowered its rating in August and S&P removed its AAA in 2011. On one level, there's some relief the AAA rating was maintained despite the darker outlook. And that would at least keep the Federal Reserve at bay despite its warnings last week that another rate hike was still on the table. Line chart with data from LSEG Eikon show the U.S. consumer price index inflation, core CPI inflation and federal funds target rate from Jan. 2019 to Sep. 2023.

Persons: Brendan McDermid, Mike Dolan, Fitch, William Foster, Mike Johnson, China's, Joe Biden, Xi Jinping, Suella Braverman, David Cameron, Lisa Cook, Bank of England policymaker Catherine Mann, Tyson, Henry Schein Organizations: New York Stock Exchange, REUTERS, U.S . Treasury, AAA, Reuters, . House, Republican, Treasury, Federal Reserve, Tyson Foods, Walmart, Bank of England, Moody's, U.S . AAA, Thomson Locations: New York City, U.S, Wall St, San Francisco, New York

SAN FRANCISCO, Nov 12 (Reuters) - A lively crowd gathered on a sunny Sunday in San Francisco to protest a meeting of cross-Pacific political leaders and a wide spectrum of other issues, prominently including those calling for a ceasefire in the Israel-Hamas war. The home of 1960s counterculture, San Francisco has retained an anti-authoritarian sensibility even as tech companies and employees have made the city a global influencer. The action could become confrontational on Wednesday, with protesters calling to block attendees from entering the San Francisco conference center. San Francisco is recovering from the COVID-19 pandemic slower than many cities, with some major retailers abandoning Market Street. San Francisco tourism is much reduced from pre-pandemic levels, according to data from hotel analytics firm STR published in June.

Persons: Joe Biden, Xi Jinping, Biden, Roberto Ruiz, Sarah R, Marty Brewer, Ann Saphir, Matt McKnight, Peter Henderson, Grant McCool Organizations: FRANCISCO, Pacific, Protesters, Economic Cooperation, Police, APEC, San, Market, Geoscience, Thomson Locations: San Francisco, Israel, Francisco's, Asia, Francisco, Gaza

☆ APEC San Francisco Protesters Span Gamut of Political Issues
▼ + stars: | 2023-11-12 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

By Ann Saphir and Matt McKnightSAN FRANCISCO (Reuters) - A lively crowd gathered on a sunny Sunday in San Francisco to protest a meeting of cross-Pacific political leaders and a wide spectrum of other issues, prominently including those calling for a ceasefire in the Israel-Hamas war. The home of 1960s counterculture, San Francisco has retained an anti-authoritarian sensibility even as tech companies and employees have made the city a global influencer. The action could become confrontational on Wednesday, with protesters calling to block attendees from entering the San Francisco conference center. San Francisco is recovering from the COVID-19 pandemic slower than many cities, with some major retailers abandoning Market Street. San Francisco tourism is much reduced from pre-pandemic levels, according to data from hotel analytics firm STR published in June.

Persons: Ann Saphir, Matt McKnight, Joe Biden, Xi Jinping, Biden, Roberto Ruiz, Sarah R, Marty Brewer, Peter Henderson, Grant McCool Organizations: FRANCISCO, Reuters, Pacific, Protesters, Economic Cooperation, Police, APEC, San, Market, Geoscience Locations: San Francisco, Israel, Francisco's, Asia, Francisco, Gaza

☆ The wildest moments of WeWork’s rise
▼ + stars: | 2023-11-11 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +8 min

And many early WeWork employees, who worked at lower salaries because they were given stock options, ended up with nothing. WeWork’s wild rise and fall is the latest high-profile incident to shatter that myth. Here is a look at four of the wildest moments from WeWork’s rise, according to the company’s statements and a best-seller about the company. (Part of WeWork’s push to appeal to millennials included free-flowing beer and open bars set up within its coworking outposts.) That pre-IPO paperworkThe beginning of the end can perhaps be traced back to WeWork’s first attempt to go public back in 2019.

Persons: New York CNN — WeWork, Adam Neumann’s, Neumann, Son, Adam Neumann, Kelly Sullivan, Eliot Brown, Maureen Farrell, millennials, Darryl McDaniels, Mike Segar, ”, Rebekah, WeWork, Caitlin Ochs, WeWork’s, Neuman, Mark Lennihan, “, Tolga Akmen Organizations: New, New York CNN, WeWork, San Francisco, of Fine Arts, Gulfstream G650, Wall Street Journal, Bloomberg, Getty, Nasdaq, City of Locations: New York, San, San Francisco , California, Israel, Manhattan , New York, WeGrow, WeLive, New York City, U.S, City, City of London, AFP

☆ Video appears to capture first flight of the B-21 Raider, the US Air Force's newest stealth bomber
▼ + stars: | 2023-11-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

A new video shows the first flight of the US Air Force's newest stealth bomber, the B-21 Raider. AdvertisementAdvertisementA new video appears to show the long-awaited first flight of the US Air Force's newest strategic bomber and the first new stealth bomber developed in decades, the B-21 Raider. She explained that this stage "is a critical step in the test campaign managed by the Air Force Test Center and 412th Test Wing's B-21 Combined Test Force." Pentagon leadership has said that the penetrating strike stealth bomber "will serve as the backbone of America's bomber force." AdvertisementAdvertisementThe "flying wing" B-21 Raider is the successor to the B-2 Spirit and is able to carry both conventional and nuclear payloads.

Persons: —, Matt Hartman, David Swanson, Ann Stefanek, Northrop Grumman, Doug Young Organizations: US Air Force's, US Air Force, Service, US Air, Raider, Northrop Grumman Corp, Air Force's, Reuters, Northrop, Air Force, United States Air, REUTERS, Air Force Test Center, Force, Northrop Grumman Aeronautics Systems, Pentagon Locations: US, Palmdale , California, U.S

U.S. Treasury Secretary Janet Yellen attends a press conference after a meeting with Chinese Vice Premier He Lifeng, ahead of a U.S.-hosted APEC (Asia-Pacific Economic Cooperation) Summit in San Francisco, California, U.S., November 10, 2023. REUTERS/Carlos Barria Acquire Licensing RightsSAN FRANCISCO, Nov 10 (Reuters) - U.S. Treasury Secretary Janet Yellen on Friday said the ransomware attack on the Industrial and Commercial Bank of China that disrupted China's largest bank had not interfered with the market for U.S. government debt. "We have not seen an impact on the Treasury market," Yellen said, adding that she and China Vice Premier He Lifeng spoke about the issue during talks in San Francisco this week. The ICBC's access to an electronic settlement platform for U.S. Treasury securities remained suspended on Friday, a day after confirmation of the ransomware attack. "The Treasury Department and the United States has given "as much assistance as we possibly can to the firm in dealing with this issue," she said.

Persons: Janet Yellen, Lifeng, Carlos Barria, Yellen, David Lawder, Ann Saphir, Diane Craft Organizations: Treasury, APEC, Economic Cooperation, REUTERS, FRANCISCO, . Treasury, Industrial, Commercial Bank of, U.S, China, Treasury Department, Thomson Locations: U.S, Asia, San Francisco , California, Commercial Bank of China, San Francisco, United States

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