What’s on the front page of the WSJ? The front page of The Wall Street Journal this morning – 25/11/2024 – reports Apple chief executive Tim Cook did something that many other corporate leaders failed to do: He developed a personal relationship with incoming president Donald Trump. Their rapport has been built, in part, by zeroing in on areas of mutual interest between Apple and Trump’s agenda. Now, with Trump’s cabinet taking shape and new circles…
Trump Considers Defense Financiers for a Top Spot at Pentagon Two financiers are in the running to be the deputy secretary of defense, a competition that pits a publicity-averse private-equity investor against an outspoken venture capitalist. Trae Stephens, a partner at Peter Thiel’s Founders Fund venture-capital firm, is under consideration by President-elect Donald Trump to become the deputy secretary of defense, according to two people familiar with the transition. Billionaire investor Stephen Feinberg, who led…
What’s on the front page of the LA Times? The front page of the Los Angeles Times this morning – 25/11/2024 – reports California is making so much solar energy that large commercial operators are increasingly forced to stop production, raising questions about the state’s costly plan to shift entirely to carbon-free sources of electricity. The front splash features an image of the homeless in California. The paper says the Fresno area is about to get hard…
Bird flu virus detected in California raw milk State health officials said Sunday that bird flu virus was detected in a retail sample of raw milk from the Fresno-based Raw Farm dairy. The sample was collected by officials with the Santa Clara County public health office, who have been testing raw milk products from retail stores “as a second line of consumer protection.” County officials identified the virus in “one sample of raw milk purchased…
What’s on the front page of USA Today? The front page of USA Today – 25/11/2024 – features an image from workers at a food bank. The paper says at the Brooklyn-based nonprofit CHIPS food pantry in New York City, food services director Pauline Auguste, left, executive director Peter Endriss and food services manager Janice Lebby stand between large bins of onions and potatoes Nov. 11 as they prepare for Thanksgiving needs.The lead story reports that…
Immigrant advocates fear Trump’s policy shifts will hurt one group most: Children Keeping her up at night are thoughts of how the incoming administration of President-elect Donald Trump will treat immigrants in the U.S., specifically children. Walker Gates, an Austin-based immigration attorney who specializes in helping migrant children apply for asylum, said she fears that between Trump’s tougher immigration policies and his party’s control of both chambers of Congress, protection for children – both migrant…
Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaking at the World Congress of Accountants in Mumbai on November 19, 2022. Indranil Mukherjee | Afp | Getty Images A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10% of its business, and no other firms in the conglomerate are accused of wrongdoing, the group’s CFO said on Saturday. On Wednesday, Gautam…
Apple’s first physical retail store is located in the populous city of Mumbai. Punit Paranjpe | Afp | Getty Images India’s antitrust body has turned down a request from Apple to put a hold on an investigation report which found the company breached competition laws, allowing the case to continue, an internal order from the regulator seen by Reuters showed. The Competition Commission of India (CCI) in August ordered a recall of investigation reports after Apple said the watchdog…
Traders work on the floor of the New York Stock Exchange on Nov. 22, 2024 in New York City. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Winning week for markets Major U.S. indexes rose on Friday to…
UNFCCC Executive Secretary Simon Stiell speaks in the early hours at the conclusion of the UNFCCC COP29 Climate Conference on November 24, 2024 in Baku, Azerbaijan. Sean Gallup | Getty Images News | Getty Images Ambitious climate action often requires ambitious financing — be it a clean energy transition project or helping developing countries mitigate the effects of natural disasters. But as extreme weather becomes more the norm and temperatures rise across the planet, what is supposed…
Sydney city skyline, New South Wales, Australia. Education Images | Universal Images Group | Getty Images Asia-Pacific markets mostly rose Monday, with investors awaiting a slew of economic data this week including China industrial data and India’s third-quarter GDP numbers. Singapore later in the day will release its inflation figures for October. Economists polled by Reuters expect the headline inflation rate of 1.8%, down from the 2% in the previous month. Should this forecast…
China on Monday kept its medium-term lending rate steady, as the country’s central bank seeks to stabilize the yuan which has come under pressure following Donald Trump’s victory in the U.S. presidential election. The People’s Bank of China kept the medium-term lending facility rate unchanged at 2.0% on 900 billion yuan ($124.26 billion) worth of one-year loans to some financial institutions, according to the bank’s official statement. “It is a well-expected move, given that…
Pipeline operator ONEOK said on Sunday it would buy the remaining shares of peer EnLink Midstream, for $4.3 billion in an all-stock deal, boosting its presence in the Permian Basin amid increased consolidation in the U.S. energy sector. In August, ONEOK acquired a 43% controlling interest in Enlink, which has a solid presence in the Permian basin, from Global Infrastructure Partners for about $3.3 billion in cash. ONEOK said it will offer 0.1412 shares of its common stock…
Six travelers have died from suspected methanol poisoning after visiting the tourist town of Vang Vieng, Laos, this month. The travelers — two from Australia, two from Denmark, one from United Kingdom and one from United States — are believed to have consumed alcohol tainted with methanol, which is sometimes illegally added to regular or home-brewed alcohol to cut costs. Some fourteen people were sickened following a night out in Vang Vieng around Nov.…
People walk past the logotype at the venue for the 2024 United Nations Climate Change Conference (COP29) in Baku on November 11, 2024. Alexander Nemenov | Afp | Getty Images Countries agreed on Sunday to an annual finance target of $300 billion to help poorer countries deal with the impacts of climate change, with rich countries leading the payments, according to a hard-fought deal clinched at the COP29 conference in Baku. The new goal…
Richard “Ric” Grenell, the former acting director of National Intelligence in President-elect Trump’s first administration, is reportedly under consideration to be special envoy for the Russia-Ukraine conflict. Currently, there is no special envoy responsible for bringing an end to the war in Eastern Europe. Trump is strongly considering whether to create the role, Reuters reported, citing four sources familiar with the president’s deliberations. If he does create the new position, Grenell is said to be…
Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7, 2024. Stefani Reynolds | Bloomberg | Getty Images President-elect Donald Trump signaled Friday his intention to nominate hedge fund executive Scott Bessent as his Treasury secretary, in a move that puts a seasoned market pro and a close Trump loyalist in a critical economic position. The founder of Key Square Group…
Matt Gaetz, Donald Trump’s initial pick for attorney general ahead of his White House return, has withdrawn from consideration for the post. Trump’s decision to choose Gaetz shocked Washington and the country.
Gaetz had faced significant scrutiny over a previous federal investigation into sex trafficking allegations involving a 17-year-old girl that cast doubt over his ability to be confirmed as the country’s top legal official.
He has also been under scrutiny by the House Ethics Committee over wider allegations including sexual misconduct, illicit drug use and accepting improper gifts.
The top newspapers in the United States all lead with the news of Gaetz’s withdrawal.
“Whatever the ICC might imply, there is no equivalence – none – between Israel and Hamas,” Biden said in a statement, external. “We will always stand with Israel against threats to its security.”
Strange Massachusetts laws including pigeons, haunted houses, milk cartons and more Laws on pigeon frightening, milk cart vandalization and belting the national anthem are all present in the state of Massachusetts. The 1780 Constitution of the Commonwealth of Massachusetts is the oldest functioning written constitution in the world, according to Mass.gov. The historical document was drafted by John Adams. Scanning through laws in Massachusetts, you are sure to find some head scratchers, but the state…
A real mixture of domestic news features on the US front pages this morning, with ongoing speculation what Donald Trump’s second term in office will look like, continued scrutiny of his picks for Cabinet.
International news is splashed across the front pages, with the escalation in the Russia-Ukraine war following Joe Biden authorising Ukraine to use American weapons to strike Russia. The outgoing president will also send landmines – a move that has been criticised by charities and rights groups.
Asia-Pacific markets mostly fell Thursday, with investors watching tech shares in the region after chipmaker Nvidia reported better-than-expected results. Nvidia reported a 94% year-on-year surge in revenue for the third quarter to $35.08 billion. However, that is still a consecutive slowdown from the previous three quarters, when sales rose 122%, 262%, and 265%, respectively. Net income during the quarter rose to $19.3 billion, versus $9.24 billion in the same period a year ago. All eyes…
No rewards: Limited value outside of the intro APRThe biggest drawback with this card is that it doesn’t offer any sort of rewards program. That means:There’s no welcome bonus. Some credit cards offer welcome bonuses of $200 or more for new cardholders.There are no purchase rewards. Other cards earn cash rewards or points on all your eligible purchases, which can add up over time. It’s possible to earn $500 or more every year in rewards…
The UN Security Council is set to vote on Wednesday on a resolution demanding an “immediate, unconditional, and permanent ceasefire” in Gaza, along with the release of all hostages. However, the United States, a key ally of Israel, may block the draft, which has already drawn criticism from Israeli officials.
President-elect Donald Trump has chosen Linda McMahon, co-founder of WWE and a long-time ally, as his nominee for education secretary. McMahon previously served as head of the Small Business Administration during Trump’s first presidency and is known for her significant financial support of his campaigns.
