Category: news
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Lebanon reels from second day of explosions and Sean ‘Diddy’ Combs denied bail: Morning Rundown
Sean “Diddy” Combs remains jailed after his bond appeal was rejected, in part because of witness intimidation allegations. Israel declares a ‘’new phase’’ of war as Lebanon reels from a second day of deadly device explosions. And new research identifies the ways the U.S. health care system is failing. Here’s what to know today. Sean…
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Pro-Palestinian Uncommitted Movement refuses to endorse Kamala Harris
The Uncommitted Movement of pro-Palestinian Democrats is withholding its endorsement from Vice President Kamala Harris after she rebuffed its latest request, the group announced Thursday, while also making clear its opposition to former President Donald Trump and the third-party candidates who might inadvertently help elect him. “Vice President Harris’s unwillingness to shift on unconditional weapons…
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Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data centers for artificial intelligence and the energy infrastructure to power them. The companies are part of the Global Artificial Intelligence Infrastructure Investment Partnership, or GAIIP, which was announced in a press release on Tuesday. The other participants are Global…
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Sean ‘Diddy’ Combs won’t be released from jail, judge in bail appeal rules
Sex trafficking suspect Sean “Diddy” Combs will not be released on bail, a second judge ruled Wednesday afternoon. His legal team had appealed for his pretrial freedom from “horrific” jail conditions after a judge determined Tuesday that the music mogul should remain detained while awaiting trial. Combs was arrested Monday night on charges stemming from allegations of years…
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JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload after the death of a Bank of America associate in May forced Wall Street to examine how it treats its youngest employees. The firm named Ryland McClendon its global investment banking associate and analyst leader in a memo sent this month, CNBC…
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Boeing starts furloughing tens of thousands of employees amid machinist strike
Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, CEO Kelly Ortberg told employees on Wednesday. The furloughs will affect tens of thousands of Boeing employees, a company spokesperson said. The plan came less than a week after Boeing’s more than 30,000 machinists…
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Amazon increases average pay for warehouse workers and adds free Prime membership perk
Amazon announced Wednesday it is raising wages for its hourly warehouse workers and adding a new employee perk that will give them a Prime subscription at no extra cost. Beginning this month, Amazon’s average starting pay for front-line employees in the U.S. will be bumped to an average of more than $22 an hour, up from roughly…
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Florida man removes 20 Burmese pythons from Everglades, winning contest
The annual Florida Python Challenge has slithered to its conclusion, with professionally categorized python purger Ronald Kiger crowned its victor after he removed 20 Burmese pythons from the Florida Everglades. Kiger received a $10,000 grand prize. Representatives from the Florida Fish and Wildlife Conservation Commission announced his win Tuesday morning in a meeting in Duck…
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Kentucky Gov. Andy Beshear signs executive order banning conversion therapy
Kentucky Gov. Andy Beshear signed an executive order Wednesday banning the scientifically discredited practice of so-called conversion therapy on minors in the state. The state now joins 23 others where the debunked mental health treatment, which aims to change the sexual orientation or gender identity of LGBTQ people, is banned for minors, according to the…
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Kamala Harris mobilizes diverse labor force in the Sun Belt
President Joe Biden has often proclaimed that he is the most pro-union president in history, a declaration that Democrats often tied to his appeal to white working-class voters in the Midwest. Now serving as the party’s standard-bearer, Vice President Kamala Harris is building her own coalition by mobilizing a more diverse and expansive labor force…