Sources: Trump’s team drawing up list of Pentagon officers to fire
The planning for the firings is at an early stage after Trump’s Nov. 5 election victory and could change as Trump’s administration takes shape, said the sources. Read more
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Haiti gangs push into one of few remaining capital strongholds
Residents of Solino and Nazon, central neighborhoods in Haiti’s capital Port-au-Prince, fled their homes on Thursday as gangs spread to one of the few remaining areas of town not already under their control. Read more
Lindsey Vonn to come out of retirement at 40 after knee surgery
American skiing great Lindsey Vonn will come out of retirement at the age 40 to rejoin the U.S. ski team, U.S. Ski & Snowboard said on Thursday after she returned to training following a successful knee surgery earlier this year. Read more
All Blacks’ Barrett and Taylor return to face France after concussion absence
New Zealand’s Beauden Barrett and Codie Taylor have returned to the side to face France in Paris on Saturday, having recovered after concussion forced them off against England two weeks ago. Read more
Netflix hopes for live sports knockout with Paul-Tyson fight
A showdown between former heavyweight champion Mike Tyson and social media influencer-turned-fighter Jake Paul on Friday is the latest one-two punch from Netflix, as the media giant hopes to cash in on sports’ sprint to streaming. Read more
Analysis: Spy community wary of Gabbard as intel chief
Trump’s nomination of Gabbard, a former Democratic congresswoman who lacks deep intelligence experience and is seen as soft on Russia and Syria, is among several high-level picks that suggest he may be prioritizing personal allegiance over competence as he assembles his second-term team. Read more
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Wall Street indexes end lower after hopes for next rate cut erode
While traders were still betting on a 25-basis point reduction at the Fed’s December meeting, the probability fell to 62% from 76% earlier in the afternoon and from 82.5% on Wednesday, the CME FedWatch tool showed. Read more
Trump selects RFK Jr. to lead Health and Human Services department
Kennedy ran for president in this year’s election as an independent before dropping out in August and endorsing Trump in exchange for a role in the Republican’s administration. Read more
Trump’s transition team aims to kill Biden EV tax credit
Ending the tax credit could have grave implications for an already stalling U.S. EV transition. Read more
Producer price increase hints at slower inflation decline
The data did not change the view that the Federal Reserve would deliver a third interest rate cut next month, but left economists expecting firmer readings in the personal consumption expenditures price indexes in October. Read more
No joke: the Onion buys Alex Jones’ Infowars out of bankruptcy
The Onion said in a statement today it aims to replace “Infowars’ relentless barrage of disinformation” with the Onion’s “noticeably less hateful disinformation.” Read more
Asia’s airlines blame supply chain woes for disrupted operations
Asia-Pacific travel demand has recovered from the pandemic, but earnings at the region’s airlines are under pressure from supply chain problems disrupting operations and exposing them to strengthening consumer protection rules, industry executives say. Read more
Taiwan has no arms shopping list for Trump but keen to discuss, officials say
Taiwan does not have a “concrete list” of new arms deals to put to the United States’ incoming Trump administration but is keen to discuss how to boost the island’s defence, senior Taiwan security officials said. Democraticall Read more
‘Morphing’ wheel from South Korea may transform lives and robots
Imagine a wheelchair equipped with wheels flexible enough to navigate all manner of obstacles from kerbs to humps and even staircases. Read more
Amazon launches low-cost ecommerce service in US to challenge Temu
Amazon.com launched a low-cost ecommerce service called Amazon Haul for some customers in the United States giving them a selection of products at $20 or less, the online retailer said on Wednesday, as it looks to take on Chinese firms Shein and PDD Holdings’ Temu. Read more
Labor board bans mandatory anti-union meetings in Amazon ruling
Employers can lawfully hold meetings to discuss unionizing if they are voluntary, workers are given advance notice of subjects to be discussed, and no attendance records are kept, said the board. Read more
Trump picks U.S. Rep. Matt Gaetz for attorney general
“Matt will end Weaponized Government, protect our Borders, dismantle Criminal Organizations and restore Americans’ badly-shattered Faith and Confidence in the Justice Department,” Trump said in a statement announcing the selection. Read more
Republicans secure U.S. House majority in government sweep
Republicans will have at least the 218 votes needed to control the 435-seat House of Representatives, Edison projected, with nine races yet to be called. Read more
Tesla recalls 2,400 Cybertrucks, marking 6th time this year
A fault in the driver inverter in Cybertrucks manufactured through July 30 could cause the vehicle to stop producing torque when the driver uses the accelerator pedal, resulting in a loss of propulsion and increasing the risk of a crash, Tesla said in a filing with the National Highway Traffic Safety Administration. Read more
Senate Republicans pick John Thune as their next leader
The South Dakota senator’s victory in a three-way contest is a sign the Senate could retain some degree of independence from Trump next year, when Republicans will control the White House and possibly both chambers of Congress. Read more
Bitcoin rises above $90,000 on Trump euphoria
Trump embraced digital assets during his campaign, promising to make the United States the “crypto capital of the planet” and to accumulate a national stockpile of bitcoin. Read more
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