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☆ Ray Dalio says investing in China is tricky as Beijing becomes less favorable toward capitalism
▼ + stars: | 2024-10-08 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Billionaire investor Ray Dalio thinks it's still tricky to invest in China right now as Beijing may be seeking to structurally move the country away from capitalism. "There's something big going on that they had a debt crisis and they also had a capitalism crisis. The high-profile investor even said he is raising his usual allocation limit and is not hedging his big China bet. Dalio said he doesn't expected big rate cuts as the economy remains in solid shape. I think the economy by and large right now itself is in relatively good balance," he said.

Persons: Ray Dalio, Dalio, David Tepper Organizations: Bridgewater Associates, Greenwich Economic, CSI, Appaloosa Management, CNBC Locations: China, Beijing, Greenwich, Greenwich , Connecticut

☆ The challenges Floridians are facing while trying to evacuate
▼ + stars: | 2024-10-08 | by ( Alisha Ebrahimji | ) edition.cnn.com time to read: +9 min

Chris O'Meara/AP David Jalving throws outdoor furniture into his father's pool on Tuesday to prepare for Hurricane Milton. Marta Lavandier/AP A man boards up an apartment building to protect it from Hurricane Milton in Progreso, Mexico, on Monday. The state of Florida is trying to keep gas stations supplied as people try to fill up before hitting the road. Tristan Wheelock/Bloomberg/Getty Images“Lines at gas stations have been long,” DeSantis acknowledged Tuesday during a news conference. “Gas stations are running out quicker than they otherwise would.”Gas price tracking service GasBuddy reported that as of Tuesday afternoon, 17.4% of gas stations statewide were without fuel, a dramatic spike from just 3% on Monday.

Persons: Hurricane Milton, Helene pummeled Florida’s, Jane Castor, CNN’s Kaitlan Collins, it’s, Kevin Guthrie, Ron DeSantis, Rich Lorenzen, Sam Grande, Pete, Octavio Jones, DeSantis, Milton, Mike Carlson, Matthew Dominick, Jose Luis Gonzalez, Reuters John Fedor of, Chris O'Meara, David Jalving, Marta Lavandier, Julio Cortez, Hurricane Helene, Bryan R, Smith, Tristan Wheelock, Gerald, Martin Zetina, Hurricane, Reuters Rich Lorenzen, Pete Beach, Gregg Newton, Brandon Hutchison, ” Hutchison, Irma, Idalia, Milton's, ” DeSantis, Fort Organizations: CNN, Hurricane, ” Tampa, state’s Division, Emergency Management, Florida Gov, National Weather Service, Florida Department of Transportation, Florida DOT, Veterans Expressway, Suncoast Parkway, AP NASA, International, Milton, NASA, Reuters, Tampa International Airport, Getty, Bloomberg, Hurricane Milton, AP Contractors, AP Tropicana, Department of Transportation, Rosen, Resorts, Atlanta Motor, Emergency Management Agency, Gas, “ Gas, Patrol Locations: Hurricane Milton, St, Pete Beach , Florida, Miami, Florida, Tampa, Hurricane, Port Richey , Florida, Orlando , Florida, Jersey, Tampa Bay, Treasure Island , Florida, AFP, Fort Myers Beach , Florida, Progreso , Mexico, New Port Richey , Florida, St . Petersburg, Monnday, Kissimmee , Florida, Georgia, Atlanta, Peach, Dothan , Alabama, RVs, ”, Hampton , Georgia, Henry, Florence, Petersburg , Florida, Fort Myers, Gulf Coast

☆ GM investor day: Cruise, cash and EV profits top of mind for Wall Street
▼ + stars: | 2024-10-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT — A lot has changed since General Motors' last investor day two years ago, but one thing that hasn't is the automaker's ability to outperform Wall Street's expectations — doing so every quarter since then. "Accordingly, whereas the theme for GM three years ago was "Growth Motors," we believe the theme today is "praGMatic Motors." To underscore that effort, the event is taking place GM's vehicle assembly and Ultium EV battery plants in Tennessee. Barra and other executives have stressed such a dual strategy since lowering or withdrawing nearly all of the company's EV targets amid slower than expected adoption of electric vehicles. "We are making the most of every opportunity we have in ICE and in EV and leveraging our core strengths," Barra said during the company's second-quarter investor call in July.

Persons: Mary Barra, General Motors, Dan Levy, Barra Organizations: General Motors Co, DETROIT, General, Wall Street, GM, Barclays, Spring, Spring Hill Assembly, ICE, EV Locations: Detroit , Michigan, China, Barra, Tennessee, Spring Hill

☆ New England Patriots captain Jabrill Peppers arrested on assault, strangulation, drug charges
▼ + stars: | 2024-10-07 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

(AP) — New England Patriots captain Jabrill Peppers was arrested over the weekend on assault, strangulation and other charges following a disturbance at a home, police said Monday. The charges allege Peppers shoved a girlfriend to the ground, shoved her head into a wall, and put his hands around her neck to strangle her. In court, Peppers’ attorney, Marc Brofsky, said evidence in the case “sheds real doubt on the allegations, including videotaped evidence.” He said Peppers agreed not to have contact with the woman. Peppers answering questions during a news conference after the Patriots' 24-3 loss to the New York Jets on Sept. 19, 2024. Peppers, who is dealing with a shoulder injury, didn’t play Sunday in the Patriots 15-10 loss to the Miami Dolphins.

Persons: Jabrill Peppers, He’s, Peppers, Marc Brofsky, ”, Seth Wenig, Jerod Mayo, ” Mayo, Mayo, didn’t Organizations: — New England Patriots, Braintree, Police, Patriots, New York Jets, Cleveland, Browns, New York Giants, Miami Dolphins Locations: Braintree, Mass, Quincy District

☆ Hurricane Milton is a Category 5. Florida orders evacuations and scrambles to clear Helene's debris
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: +2 min

A hurricane warning was issued for parts of Mexico's Yucatan state, and much of Florida's west coast was under hurricane and storm surge watches. It had maximum sustained winds of 160 mph (257 kph), the National Hurricane Center said. Its center could come ashore Wednesday in the Tampa Bay area, and it could remain a hurricane as it moves across central Florida toward the Atlantic Ocean. That would largely spare other states ravaged by Helene, which killed at least 230 people on its path from Florida to the Appalachian Mountains. The Tampa Bay area is still rebounding from Helene and its powerful surge.

Persons: Milton, Hurricane Helene, Jane Castor, Nature, Helene Organizations: Tampa, National Hurricane Center Locations: Gulf of Mexico, Florida, Tampa Bay, Hurricane, Mexico's Yucatan, Florida's, Okeechobee, Progreso, Mexico, Tampa, St, Petersburg, Clearwater

☆ Harris weighs more breaks with Biden as he keeps injecting himself into the campaign
▼ + stars: | 2024-10-06 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

Neither aides in the Harris campaign nor the Biden White House would commit to another joint campaign event between now and the election. President Joe Biden speaks during a news conference in the Brady Press Briefing Room at the White House on October 4, 2024. “Joe Biden has delivered a whole lot for Pennsylvania — especially when it comes to infrastructure, energy jobs. “I don’t think president and the vice president are going to be exactly the same on every issue. “The president is all in to help get the vice president elected,” the senior adviser said.

Persons: Kamala Harris, Joe Biden, Harris, Biden, he’d, they’re, Donald Trump’s, “ I’ll, Tim Walz’s, Ohio Sen, JD Vance, hasn’t, Harris ’, Helene, ”, she’s, Debbie Dingell, “, Joe Biden ’, we’ve, ” Biden, “ She’s, dismissively, Florida Sen, Marco Rubio, Andrew Harnik, Liz Cheney’s, The Trump, bigfooted Harris, He’s, Mitch Landrieu, “ They’ve, ” Trump, Trump, Donald Trump, Josh Shapiro, “ Joe Biden, Brendan Boyle, ” Boyle, Arizona Sen, Mark Kelly, John Modlin, Rebecca Noble, ” Harris ’, Kelly, I’m, ” Kelly, he’s, can’t, don’t, “ That’s, ” CNN’s Gregory Krieg Organizations: CNN, White, Biden, Minnesota Gov, Michigan, Trump, Florida, Democratic, Biden White, Democratic Pennsylvania Gov, ” Democratic, US Border Patrol, Getty, Democrat, West Locations: Milwaukee, Pennsylvania, Germany, Angola, Minnesota, what’s, North Carolina, Michigan, Israel, Brady, Detroit, Trump, Philadelphia, Mexican, Mexico, US Border Patrol Tucson, Douglas , Arizona, AFP

The storm is quickly strengthening, already boasting winds of 65 mph, according to an update Sunday morning from the National Hurricane Center. It is forecast to intensify into a hurricane by Sunday night — and a major hurricane by late Monday. Hurricane and storm surge watches will likely be issued for parts of the western Florida coast on Sunday — with dangerous storm surge expected for some areas just slammed by Helene. “This is something that potentially would be greater power outages than what we just saw with Hurricane Helene,” the governor said, noting the state’s residents still have a couple of days to get ready. Assets deployed to assist with Hurricane Helene recovery in Tennessee and North Carolina have also been ordered back to Florida, DeSantis said.

Persons: Hurricane Helene, Helene —, it’s, Tropical Storm Milton, Helene ., Milton, Helene, Ron DeSantis, Kevin Guthrie, DeSantis, “, Floridians, ” Guthrie, Ashley Moody, ” Moody, ”, Thomas Chaves, Vinny Almeida, Mike Carlson, Debbie Bright, Bright, ” Bright Organizations: CNN, Tropical Storm, National Hurricane Center, Key, Tampa ., Florida Gov, Florida Division, Emergency Management, Florida, Sunday, Fort Myers, Florida Department of Transportation, Florida National Guard, Florida State Guard, AP, WFTS Locations: Florida, Gulf of Mexico, Tampa, Naples, Tampa Bay, Helene . Miami, Orlando, Miami, Gulf, Helene, Fort, Fort Myers Beach, Sanibel, Tennessee, North Carolina, Hurricane, Chaves, Shore, St . Petersburg , Florida, AP Florida, Pinellas County, ” St, Petersburg

☆ 2 Boys Charged in Manhattan Assault on Former Gov. David Paterson
▼ + stars: | 2024-10-06 | by ( Chelsia Rose Marcius | More About Chelsia Rose Marcius | ) www.nytimes.com time to read: 1 min

Two boys have been arrested and charged in a street attack on David A. Paterson, a former governor of New York, and his stepson, the police said. One boy, who is 12, was charged with second-degree gang assault, and the other, a 13-year-old, was charged with third-degree gang assault, the police said on Saturday night. Both boys, accompanied by their parents, turned themselves in to the police, according to Sean Darcy, a spokesman for Mr. Paterson. A third person, also a minor, went to the police but was not charged in the Friday night attack in Manhattan, according to an internal police report. Mr. Paterson, 70, said at a news conference on Saturday that he was punched in the shoulder and several times in the face, while his stepson Anthony Sliwa, 20, was knocked to the ground and needed stitches to his lower lip.

Persons: David A, Paterson, Sean Darcy, Anthony Sliwa Organizations: Mr Locations: New York, Manhattan

CNN —The death toll from Helene has risen to at least 225 across six states, according to CNN’s tally, after seven more deaths were announced Saturday in North Carolina. Emergency responders from across the US respond to hurricane-ravaged North Carolina county: Hard-hit Buncombe County, North Carolina, is getting help from several hundred emergency responders from agencies nationwide who were on the ground there by Saturday, including from the New York Fire Department. The Federal Emergency Management Agency has more than 3,000 federal responders on the ground in North Carolina, said MaryAnn Tierney, FEMA’s National Incident Management Assistance team lead. About 562,007 customers in South Carolina, North Carolina, Georgia, Florida and Virginia were waiting for power to be restored as of Saturday afternoon. More than 74,000 people were without power in Buncombe County Saturday, according to county manager Avril Pinder.

Persons: Helene, Mike Litterst, Litterst, “, Lillian Govus, MaryAnn Tierney, Avril Pinder, “ Crews, Nathan West, “ It’s, ” West, ” Organizations: CNN, National Park Service, Pictures, New York Fire Department, FDNY, Federal Emergency Management Agency, Incident Management, Biltmore, Black Mountain Presbyterian Church Locations: North Carolina, United States, South Carolina, Georgia, Florida, Tennessee, Virginia, Gooch, Buncombe County , North Carolina, ”, FEMA’s, North Carolina , Georgia, Buncombe County, Carolina, Asheville’s, Asheville, “, Black Mountain , North Carolina

☆ The jobs number surpassed everyone’s expectations. Cue the complaints about the Fed
▼ + stars: | 2024-10-05 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

“Did the Fed even need to cut rates in September, let alone cut by 50bps (basis points)?” Seema Shah, chief global strategist at Principal Asset Management, wrote in a note on Friday. Second-guessing the Fed isn’t new, of course. Central bank officials themselves note the uncertainty inherent in their work, especially when the economy reaches inflection points. Even Fed officials don’t always agree with the central bank’s actions, such as Fed Governor Michelle Bowman, the lone dissenter to the Fed’s decision to cut rates by half a point in September. ‘This isn’t exact science’Fed officials aren’t shy about admitting that they don’t always have confidence in how the US economy will evolve.

Persons: Washington CNN —, Jerome Powell, Philipp Carlsson, Seema Shah, James Knightley, Powell, don’t, Michelle Bowman, wouldn’t, —, ” Carlsson, Szlezak, “, ” Gina Bolvin Organizations: Washington CNN, Federal Reserve, Boston Consulting, Asset Management, ING, Bolvin Wealth Management Locations: Wall, Washington

☆ These 2024 Republican candidates disputed the 2020 election results
▼ + stars: | 2024-10-05 | by ( Daniel Dale | ) edition.cnn.com time to read: +43 min

The success of so many 2020 election deniers in Republican primaries this year demonstrates that Trump’s ongoing campaign of election lies continues to have a strong hold on his party. Even four years later, candidates’ views on the 2020 election are relevant in important practical ways. Lake also baselessly advocated the imprisonment of Katie Hobbs, who was Arizona’s election chief during the 2020 election and went on to defeat Lake in the 2022 race for governor. (Photo by Chip Somodevilla/Getty Images) Chip Somodevilla/Getty Images/FileSen. Rick Scott voted to object to the congressional count of Biden’s victory in Pennsylvania, though he voted in favor of counting Biden’s victory in Arizona. Pennsylvania: Dave McCormickSenate candidate Dave McCormick of Pennsylvania speaks during the second day of the 2024 Republican National Convention in Milwaukee on July 16, 2024.

Persons: Washington CNN — It’s, Donald Trump, JD Vance, Joe Biden’s, Mark Robinson of, Kari Lake, Bernie Moreno, Sam Brown of, Ted Cruz, ”, Biden, – Mark Robinson of, Mike Braun, Indiana, Mike Kehoe of Missouri, Greg Gianforte, Patrick Morrisey, West Virginia –, Braun, Sen, Kelly Ayotte, Scott Olson, “, Trump, ” Braun, Trump’s, Jennifer McCormick, Mike Kehoe Missouri, Mike Kehoe, David A . Lieb, Joe Biden, ” Kehoe’s, Crystal Quade, Montana, Greg Gianforte Montana, Phelan M, Ebenhack, Gianforte, Lee, Ryan Busse, Mark Robinson, Gov Mark Robinson, Grant Baldwin, Robinson, Biden “, Josh Stein, Patrick Morrisey Patrick Morrisey, Tom Williams, Morrisey, Biden’s, Huntington Mayor Steve Williams, Tim Sheehy of Montana, REbecca Noble, Biden didn’t, baselessly, Katie Hobbs, Lake, Lake’s, Ruben Gallego, Kyrsten Sinema, Rick Scott U.S, Rick Scott, Chip Somodevilla, Scott, ” Scott, Debbie Mucarsel, Jim Banks, Banks, ” Banks, Valerie McCray, Braun . Maine, Demi Kouzounas, Kouzounas, Angus King, Royce White Royce White, Alex Brandon, Royce White, “ TRUMP, “ Trump, White, Democratic Sen, Amy Klobuchar, Josh Hawley Sen, Josh Hawley, Allison Bailey /, Missouri Sen, Hawley, CNN’s Manu Raju, Lucas Kunce, Sam Brown, Patrick T, Fallon, Brown, we’ve, we’re, ” Brown, Adam Laxalt, Laxalt, Jacky Rosen ., Bernie Moreno Cleveland, David Dermer, Moreno, denialism, –, ” Moreno, CNN’s Raju, Sherrod Brown ., Dave McCormick, Kamil Krzaczynski, wasn’t, Elizabeth Gregory, Dave, McCormick, “ Joe Biden, ” McCormick, Mehmet Oz, ‘, … We’ve, Bob Casey, Patricia Morgan Rhode, Patricia Morgan, West Warwick, Kris Craig, Morgan, Morgan baselessly, ” Morgan, Sheldon Whitehouse, Marsha Blackburn Sen, Marsha Blackburn, Blackburn, Tennessee’s, Tennessee Sen, Bill Hagerty “, Gloria Johnson, Ted Cruz Sen, Ted Cruz of, Cruz, ” Cruz, ’, Colin Allred, Hung Cao Hung Cao, Milwaukee . J, Scott Applewhite, Hung Cao, Cao, Barack Obama, It’s, ” Cao, United States ”, Tim Kaine, Jim Justice, Justice, – Patrick Morrisey, Joe Manchin, Wheeling Mayor Glenn Elliott, – Denny Hoskins, Dennis Linthicum of, Brooke Paige of Vermont, Kris Warner, Washington’s Dale Whitaker, Christi, Denny, Denny Hoskins, Kelly Dereuck, Hoskins, ” Hoskins, Barbara Phifer, Dennis, Dennis Linthicum, Linthicum, Tobias Read, Brooke Paige Vermont, Brooke Paige, Lisa Rathke, Paige, ” Paige, ” Paige’s, Sarah Copeland Hanzas, Kris Warner West, Mac Warner, I’m, Thornton Cooper Organizations: Washington CNN, Trump, Capitol, Democratic, CNN, Republican, ILA, Indiana, Gov, Missouri, Biden, ” Kehoe’s Democratic, Greg Gianforte Montana Gov, Republican Governors Association, AP, Representatives, Republicans, Lee Newspapers, Getty, The News, Observer, Conservative Political, Conference, Republican National Convention, Inc, West, West Virginians, Associated Press, Huntington Mayor, Kari Lake Arizona Republican, Fox, Arizona, Senate, Democratic Rep, Democrat, Scott, Jim Banks Indiana Republican U.S, Fox News, Demi Kouzounas Maine GOP, Portland Press Herald, Army, Maine Republican Party, New Hampshire GOP, ”, Beacon, Minnesota, U.S . Senate, Arizona –, Marine, Sam Brown Republican, US, Nevada, Convention, Treasury Department, Bloomberg Businessweek, Philadelphia Inquirer, Providence Journal, USA, Blackburn, Tennessee, ABC, Milwaukee ., United, Jim Justice West, West Virginia Gov, Wheeling Mayor, Montana, Christi Jacobsen, Missouri State Capitol, Springfield News, Oregon State Capitol, Anadolu, Anadolu Agency, Getty Images, Vermont State House, Facebook, Electoral College, ” Paige’s Democratic, US Department of Agriculture, Virginia Watch, Virginia Economic Development Authority Locations: Mark Robinson of North Carolina, Kari Lake of Arizona, Bernie Moreno of Ohio, Sam Brown of Nevada, Ted Cruz of Texas, Missouri, West Virginia, Indiana , Missouri, Montana, – Mark Robinson of North Carolina, New Hampshire, Indiana, Indianapolis , Indiana, . Missouri, Jefferson City, Mo, Orlando, Fla, Texas, North Carolina, Carolina, Asheville , North Carolina, Milwaukee , Wisconsin, Nebraska, Delaware , Connecticut, Hawaii, Arizona, Kari Lake Arizona, Mesa , Arizona, AFP, Phoenix, Arizona and Wisconsin, Florida, Pennsylvania, Powell . Indiana, Milwaukee, Braun ., Demi Kouzounas Maine, Maine, China, St, Cloud, Minn, Amy Klobuchar . Missouri, Washington, Lucas Kunce . Nevada, Las Vegas , Nevada, Nevada, what’s, Jacky Rosen . Ohio, Westlake , Ohio, Ohio, United States, Sherrod Brown . Pennsylvania, Philadelphia, Island, Patricia Morgan Rhode Island, West, Rhode, Sheldon Whitehouse . Tennessee, Tennessee, Gloria Johnson . Texas, Washington ,, “, Colin Allred . Virginia, Virginia, Loudoun, – Denny Hoskins of Missouri, Dennis Linthicum of Oregon, Denny Hoskins, Barbara Phifer . Oregon, Dennis Linthicum Oregon, Salem , Oregon, Anadolu, Getty Images Oregon, Oregon, Tobias Read . Vermont, Vermont, Montpelier, Kris Warner West Virginia

Federal Reserve Chair Jerome Powell speaks during a news conference on September 18 in Washington, DC. Anna Moneymaker/Getty ImagesThe Federal Reserve’s recent half-point cut will take some time to work through the system, Noah Yosif, chief economist and head of research at the American Staffing Association, told CNN. “Just because the Federal Reserve votes to decrease interest rates in September does not mean that employers are going to see lower costs in October,” he said, adding that it could take three to six months to filter through to businesses. More rate cuts are expected for later this year, but the extent will depend on the health of the labor market, and that outlook could be quite murky due to impact from the strikes and Hurricane Helene. Fed officials, who are scheduled to make the central bank’s next interest rate decision just days after the October jobs report lands, will do their best to look through the noise and what are likely idiosyncratic factors, said Ryan Sweet at Oxford Economics.

Persons: Jerome Powell, Anna Moneymaker, Noah Yosif, “, ”, Helene, Ryan Sweet, Ejindu Ume Organizations: American Staffing Association, CNN, Federal Reserve, Oxford Economics, Miami University in Locations: Washington , DC, Miami University in Ohio

North Carolina has racked up the highest death toll thus far with 106 fatalities reported. Kim AshbyKim Ashby, a North Carolina teacher of 20 years, is described as “the glue that holds everyone together,” her daughter, Jessica Meidinger, told CNN. A neighbor took a photo of the Ashby home in Elk Park, North Carolina, as it floated in the river on Friday. Omar Khan, 44, disappeared after Helene flooded Asheville, North Carolina. Julie Le Roux has been missing since a mudslide destroyed the Marion, North Carolina, home she had taken shelter in from the raging storm.

Persons: Helene, Deanne Criswell, CNN’s Jim Acosta, ”, Buncombe County Sheriff Quentin Miller ., Steven Cloyd Steven Cloyd, Matthew Cloyd Matthew Cloyd, Steven Cloyd, he’s “, Matthew Cloyd, “, Steven, Keli Cloyd, Keli, he’d, ” Steven Cloyd texted, texted, ” Keli Cloyd, Matthew, Steven Cloyd’s Jeep, Kim Ashby Kim Ashby, Jessica Meidinger, Kim, Rod Ashby, Meidinger, ” Meidinger, ” Kim Ashby, Lauren Meidinger, Rod, ” Lauren, ‘, ’, stepdad, Kim Ashby, Ashby, ” Jessica Meidinger, Jessica, he’s, ” Lauren Meidinger, they’ve, she’s, Rosa Andrade, Carina Alonso, Erwin , Tennessee –, Alonso, WVLT, Andrade, ” Alonso, Francesco Guerrero, Rosa Maria Andrade Reynoso, Guadalupe Hernandez, Monica Hernandez Corona, Saul Young, Jimmy Erwin, ” Omar Khan Omar, floodwater, K.M, Khan, Omar Khan, Zubila Shafiq, ” K.M, Shafiq, could’ve, We’re, ” Shafiq, Julie Le Roux, John Norwood, Le Roux, WRAL, Norwood, Robert Martin, Will Kehler Organizations: CNN, FEMA, Carolina’s Buncombe County Sheriff’s, Buncombe County Sheriff, CNN News Central, News Sentinel, USA, Associated Press, WCYB, Emergency, ABC, WRAL Locations: United States, Carolina’s Buncombe County, Buncombe County, Buncombe County Sheriff Quentin Miller . North Carolina, North Carolina, Rockford , Illinois, Elk Park , North Carolina, Tennessee, Sanford, Raleigh, Elk, floodwater, Erwin ,, Andrade, Erwin , Tennessee, Unicoi, Asheville , North Carolina, McDowell County, Norwood, Marion , North Carolina, ”

Minneapolis CNN —One state audit found that bonus checks intended for frontline workers during the pandemic were handed out to undeserving recipients. Another criticized a Minnesota state agency for failing to ensure there were no conflicts of interest in taxpayer-funded mental health and addiction programs. His fans were easy to find last month at the Minnesota State Fair, which drew nearly 2 million people this year. Republican state Sen. Mark Koran, second from right, speaks with constituents at the Minnesota State Fair. “We are troubled by MDE’s decision,” the auditor’s report said, using the acronym for the Minnesota Department of Education.

Persons: Tim Walz, Judy Randall, –, Walz, Randall, “, ”, Lisa Demuth, Elizabeth Flores, Sen, Mark, Governor Walz, Rick Hansen, Erik Biever, ” “ Tim Walz, Stephen Maturen, Willie Jett, Jett –, ” Walz, “ There’s, Mark Koran, CNN “ They’ve, they’ve, Dan Myers, ’, Blois Olson, he’s, “ They’re, ” Olson, Olson, Aimee Bock, Bock, Bock –, MDE, ” Andrew Luger, Glen Stubbe, Andrew Luger, ” Luger, Walz’s, Heather Mueller –, Jett, Ann, Keith Ellison, Scott Jensen, ” Jensen, “ Who’s, ” Miriam Ackerman, ” Randall, Democrat Mark Dayton –, Lisa Demuth CNN Walz, haven’t, Bill Walsh, Randall “, … you’re Organizations: Minneapolis CNN, Democratic Gov, CNN, of Public, Democratic, GOP, Twin Cities, Star Tribune, Getty, Republican, ”, Randall’s Office, Legislative, Minnesota State Fair, Gov, Minnesota Department of Education, Minnesota Star Tribune, Congressional Republicans, Democrats, Minnesota, Fair, University of Minnesota, Republicans, White, Democrat, FBI, Feds, Minneapolis TV, –, Department of Human Services, DHS, of, American Locations: Minneapolis, Minnesota, unaccountability, East

☆ Impact Plastics: Tennessee factory says workers had time to flee Helene’s floodwaters. Their families disagree
▼ + stars: | 2024-10-04 | by ( Alisha Ebrahimji | Caroll Alvarado | ) edition.cnn.com time to read: +12 min

The 56-year-old grandmother was one of 11 Tennessee plastics plant workers swept away by Hurricane Helene’s deadly floodwaters after they tried to leave the facility. Impact Plastics has forcefully denied those claims, saying late Thursday the allegations are false, and no employee was stopped from leaving. Supervisors “did not prohibit its employees from leaving” and “did not threaten anyone with discharge from employment,” Impact Plastics said. The agency, who is working with TBI to investigate, hadn’t yet received a fatality report from Impact Plastics as of Wednesday evening. Now Jarvis just has one question for Impact Plastics: “Why’d you make us work that day?

Persons: Elías Ibarra Mendoza, “, ” Ibarra Mendoza, Bertha Mendoza’s, Mendoza, Francesco Guerrero, Guadalupe Hernandez, Saul Young, Hurricane Helene –, Helene, Supervisors “, Greg Coleman, CNN’s, Kaitlin Collins ”, ” Coleman, “ We’ve, let’s, ” Gerald O’Connor, WCYB, Jacob Ingram, Hurricane Helene, Ingram, WVLT, ”, Water, O’Connor, TOSHA, Bertha, Guillermo Mendoza, “ That’s, “ We’re, ” Guillermo Mendoza, we’re, Monica Hernandez, Elizabeth Ramirez, Robert Jarvis, Jarvis, , texted, Erwin, ” Jarvis Organizations: CNN, Univision, Hurricane, Plastics, Associated Press, Impact Plastics, News Sentinel, USA, Tennessee Bureau of Investigation, Tennessee Occupational Safety, Health Administration, Supervisors, WVLT, Impact Plastics Inc, National Weather Service, “ Employees, Senior, O’Connor, Employers, Emergency Management Agency, National Guard Locations: Tennessee, Erwin, Erwin , Tennessee, Florida, Southern, Hurricane, ”, Mendoza

☆ Reporter Asks Biden if He Would Reconsider Dropping Out of the Race
▼ + stars: | 2024-10-04 | by ( Michael D. Shear | More About Michael D. Shear | ) www.nytimes.com time to read: +1 min

And while the spotlight is trained on Vice President Kamala Harris, Mr. Biden is holding tightly to the office he still occupies for another 109 days. Mr. Biden, at almost 82 years old, has wanted to be president for most of his adult life. He ran and lost, and then ran and lost again before finally winning in 2020. “Look at the results across the board,” Mr. Biden told reporters. “Unemployment is down to 4.1 percent, and every month Vice President Harris and I have been in office, we’ve created jobs.

Persons: Kamala Harris, Mr, Biden, Harris, Biden’s, ” Mr, we’ve, ” Organizations: Mr

Los Angeles County District Attorney George Gascon said his office is also reviewing possible evidence included in petitions filed by the brothers last year alleging molestation by their father. Joseph “Lyle” Menendez, now 56, and Erik Menendez, now 53, were convicted in 1996 in the shotgun murders of their parents at their Beverly Hills homes seven years before. In their initial trials, the brothers said they had been sexually abused for years by their father. The district attorney's announcement came amid controversy over a new Netflix series about the case, “Monsters: The Lyle and Erik Menendez Story." In a statement released by his wife, Erik Menendez said the series contained "blatant lies" and said it was "ruinous" for his brother.

Persons: Menendez, Attorney George Gascon, Gascon, we’re, Joseph “ Lyle ” Menendez, Erik Menendez, Prosecutors, Lyle, Ryan Murphy, Kim Kardashian Organizations: Los, Attorney, Prosecutors, Netflix, NBC News Locations: California, Los Angeles County, Beverly

The lead detective in the case, Brian Wharton, accepted the shaken baby syndrome diagnosis, and Roberson was arrested before an autopsy was even completed. Shifting scienceThe concept of shaken baby syndrome began in the 1970s. Hundreds of possible shaken baby and abusive head trauma cases are reported to hospitals in the U.S. every year, according to a nonprofit advocacy group. A Mississippi man on death row for a shaken baby diagnosis was resentenced to life in prison in 2018 after evidence was re-examined. "The shaken baby concept did not add up," Sween said.

Persons: Robert Roberson, Lester Holt, Greg Abbott, I've, I'm, Roberson, Abbott, Holt, Nikki, Brian Wharton, Wharton, Kate Judson, Judson, Andie Asnes, Asnes, Robert Dunham, Phillips, Gretchen Sween, Sween, Robert Organizations: NBC News, Texas Gov, NBC, Texas, Criminal Appeals, Prosecutors, Center, Integrity, Forensic Sciences, American Academy of Pediatrics, Yale School of Medicine, Child, National Registry Locations: Texas, East Texas, Dallas, U.S, Mississippi

☆ Stellantis CEO says too soon to confirm 2025 dividend as shares slide
▼ + stars: | 2024-10-03 | by ( ) www.cnbc.com time to read: +2 min

Carlos Tavares, chief executive officer of Stellantis NV, speaks during a news conference at the Fiat automobile manufacturing plant in Kragujevac, Serbia, on Monday, July 22, 2024. Stellantis CEO Carlos Tavares on Thursday left the door open for possible cuts to its dividend and share buybacks next year and brushed off problems with its U.S. business that led to a major profit warning this week as a "small operational error". "When you are in a context which is brutal and more demanding, if you make a small operational error, well it is immediately visible," he said, adding he was taking it as a "wake up call" and very seriously. While Stellantis is committed to its 2024 dividend, Tavares said it was too early to confirm next year's plan. "The time for 2025 has not come, we will see what will happen at the end of 2024 for a discussion and a decision for 2025," he said.

Persons: Carlos Tavares, Tavares, Stellantis Organizations: Stellantis NV, Fiat, Thursday, Chrysler, Jeep, Citroen, Peugeot Locations: Kragujevac, Serbia, U.S, France

☆ Alec Baldwin fired a gun on the set of 'Rust,' killing its cinematographer. Here's a timeline of the shocking incident.
▼ + stars: | 2024-10-03 | by ( Jason Guerrasio | Tom Murray | ) www.businessinsider.com time to read: +20 min

On October 21, 2021, Alec Baldwin fired a gun while rehearsing a scene for the movie "Rust" that killed cinematographer Halyna Hutchins and injured director Joel Souza. Prop masters union said the gun Baldwin fired contained live roundsAn email from the International Alliance of Theatrical Stage Employees Local 44 to its members revealed that the gun Baldwin fired had a live round, according to Indiewire. The email from the union also confirmed that the shot Baldwin fired hit both Hutchins and Souza. The Times also reported that a search warrant was issued of the "Rust" set and that a judge has ordered that all equipment be searched for evidence. AdvertisementPrevious reports from the "Rust" set say two accidental gun discharges happened the weekend before the fatal shooting of Hutchins.

Persons: Alec Baldwin, Halyna Hutchins, Joel Souza, Hannah Gutierrez, Reed, Baldwin, —, Hutchins, Souza, Christus St, Mark Sagliocco, KOAT, Instagram, halynahutchins Baldwin, Dave Halls, ANNE LEBRETON, Juan Rios, Rios, armorer Hannah Gutierrez, Ryan Kiera Armstrong, Nicolas Cage, Gutierrez, Reed's, armorer, Armstrong, Hollywood armorer Thell Reed, Mamie Mitchell, Mitchell, Jim Spellman, Halyna, Kevin Mohatt, Rust, Matt Hutchins, Joel, Alec, Jae C, Sam Wasson, Santa Fe Sheriff Adan Mendoza, Facebook Armorer Gutierrez, Hannah, Jason Bowles, Robert Gorence, Stu Brumbaugh, Serge Svetnoy, Facebook Hutchins, George Stephanopoulos, Stephanopoulos Organizations: Service, Santa Fe New, Los Angeles Times, University of New, University of New Mexico Hospital, Christus, Vincent Regional Medical Center, International Alliance, Construction, New, The New York Times, Associated Press, Times, Getty, New York Times, LA Times, Daily, Metro, Santa Fe Sheriff's, CNN, REUTERS, Albuquerque Civic, The New York, New York, American Film Institute, AP, Police, Office, Halls, The, ABC Locations: Poland, Western, EnergaCamerimage, Here's, Santa, Santa Fe, Santa Fe , New Mexico, University of New Mexico, New Mexico, AFP, Santa Fe County, Albuquerque , New Mexico, Albuquerque, Fe, Mexico

☆ Los Angeles prosecutors to review new evidence in Menendez brothers’ 1996 murder conviction
▼ + stars: | 2024-10-03 | by ( Christina Walker | Associated Press | ) edition.cnn.com time to read: +3 min

Los Angeles (AP) — Prosecutors in Los Angeles are reviewing new evidence in the case of Erik and Lyle Menendez to determine whether they should be serving life sentences for killing their parents in their Beverly Hills mansion more than 35 years ago, the city’s district attorney said Thursday. Los Angeles County District Attorney George Gascón said during a news conference that attorneys for Erik Menendez, 53, and his 56-year-old brother, Lyle Menendez, have asked a court to vacate their conviction. Gascón said there is no question the brothers committed the murders, but that his office will be reviewing new evidence and will make a decision on whether it warrants a resentencing. The new evidence presented in a petition includes a letter written by Erik Menendez that his attorneys say corroborates the allegations that he was sexually abused by his father. Cliff Gardner, an attorney for the brothers, said they are pleased by the district attorney’s decision.

Persons: Erik, Lyle Menendez, George Gascón, Erik Menendez, Gascón, “, ” Gascón, ”, Cliff Gardner, ” Gardner, Lyle, Kitty Menendez, Prosecutors, ’ Organizations: Los Angeles, — Prosecutors, Los, Associated Press, Netflix Locations: Los, Los Angeles, Beverly, city’s, Los Angeles County

Republican vice presidential nominee JD Vance said "Kamala Harris' open border" has "destroyed” the lives of American citizens in Springfield, Ohio, before having his mic cut by debate moderators. Vance, who initially raised the claim days before Trump amplified it, did not repeat it during the vice presidential debate. But most of the Haitian migrants there are there legally, and local officials have strongly disputed Trump and Vance's portrayal of the city. At Tuesday's debate, things grew heated around Springfield after CBS News moderators Norah O’Donnell and Margaret Brennan interjected to note the Haitian immigrants in Springfield have legal status before trying to move on. The moderators had warned at the beginning of the debate that they reserved the right to cut the mics at anytime to uphold the debate rules.

Persons: Vance, Kamala Harris, you’ve, we’ve, Donald Trump, Tim Walz, Trump, Rob Rue, Mike DeWine, Vance's, Rue, doesn’t, Norah O’Donnell, Margaret Brennan interjected, ” Vance, Walz Organizations: CBS, Trump, Minnesota Democratic Gov, Local, Gov Locations: Springfield , Ohio, “, Ohio, Springfield, Milwaukee, Haitian, U.S

Bertha Mendoza made a final call to her husband of 38 years as raging Hurricane Helene floodwaters trapped her and others at a Tennessee plastics plant. In a call to her husband, Elias Mendoza, Bertha, 56, said she loved him, her son Guillermo Mendoza told NBC News. Meanwhile, survivors lashed out at the company for failing to warn workers and making them go to work that day. Fernando Ruiz, the son of Lidia Verdugo, one of the plant workers, confirmed to NBC News that his mother had died. ... It’s about more than just providing Spanish fliers or interpretation but having specific outreach efforts to the community.”At an afternoon news conference, Tennessee Gov.

Persons: Bertha Mendoza, Elias Mendoza, Bertha, Guillermo Mendoza, ”, Mendoza, Hurricane Helene, Saul Young, Robbie Jarvis, “, ” Jarvis, Helene, Fernando Ruiz, Lidia Verdugo, we've, Myron Jones, Lisa Sherman Luna, Bill Lee, Lee, Jacob Ingram, ” Guillermo Mendoza, Araceli Mendoza, Ingram, ” Mendoza, Francisco Javier Guerrero, Rosa Andrade Reynoso Organizations: Workers, NBC, First Baptist Church, Erwin, News Sentinel, USA, Network, Impact Plastics, Authorities, NBC News, Tennessee, Hazard Incident Management, Refugee Rights Coalition, Tennessee Gov, Tennessee Bureau of, Knoxville News Sentinel Locations: Tennessee, Erwin, Riverview, Tenn, Hurricane, Michoacán, Mexico, Knoxville

☆ What a resurgence in Wall Street dealmaking means for Morgan Stanley and Wells Fargo
▼ + stars: | 2024-10-02 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Great news for Club stocks Wells Fargo and Morgan Stanley : The rebound in investment banking isn't over yet. We'll find out to what extent when Wells Fargo reports earnings on Oct. 11 and Morgan Stanley delivers quarterly results on Oct. 16. MS YTD mountain Morgan Stanley (MS) year-to-date performance For Morgan Stanley, a resurgence in its investment banking division is crucial to our investment thesis and why we stuck with it. WFC YTD mountain Wells Fargo (WFC) year-to-date Morgan Stanley's IB business is much larger than Wells Fargo's. Wells Fargo, which has a strong wealth management franchise, is branching out to take a slice of the IB pie.

Persons: Morgan Stanley, We'll, Wells, Jerome Powell, Powell, Rebecca Brokmeier, Brokmeier, Morgan, Jim Cramer, Goldman Sachs, underperformance, Dan Simkowitz, Jim, We've, Charlie Scharf, Jim Cramer's, William McChesney Martin Jr, Anna Moneymaker Organizations: Club, Wells, Federal Reserve, Wall, P Global Market Intelligence, KPMG, Global, Fed, National Association for Business, CNBC, Morgan Stanley's IB, IB, Bloomberg News, Federal, Getty Locations: U.S, Nashville , Tennessee, Wells, Wells Fargo, Washington , DC

☆ Louisiana governor wants live tiger back at LSU football games
▼ + stars: | 2024-10-01 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

Jeff Landry confirmed his support on Tuesday of restarting the tradition of bringing Louisiana State University’s live tiger mascot onto the football field ahead of home games. For years, the school’s live mascot would ride through the stadium in a travel trailer “topped by the LSU cheerleaders” before home games, based on information about the mascot on the LSU Athletics’ webpage. Following the death of the school’s tiger, Mike VI, in 2016, LSU announced that future Mike the Tigers would no longer be brought onto the field. In the past, animal rights groups have called on LSU to stop keeping live tiger mascots. Louisiana is not the only school that is home to a live mascot.

Persons: Jeff Landry, LSU’s, didn’t, Landry, “, ” Landry, ”, —, Mike VI, Mike, Mike VII —, Dan, University of Colorado’s Ralphie Organizations: —, Louisiana State, Tiger, University, Animals, LSU, PETA, Gov, Press, university’s School of Veterinary Medicine, LSU Athletics ’, Tigers, Yale, University of Texas, Longhorn, University of Colorado’s, Buffalo Locations: BATON ROUGE, La, Baton Rouge, New Orleans, U.S, Louisiana

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