Poll: Cruz Expands Lead Over Allred In Texas Senate Race

Senator Jon Tester Rakes In $30-Million In Bid To Hold Montana Seat

Many schools remain closed after Hurricane Helene

Educators are worried about the impact of closed schools following Hurricane Helene. Tens of thousands of students in the Southeast haven’t been back in their classrooms since the hurricane hit. And some districts have no idea when their school buildings will reopen. In hard-hit western North Carolina, some students will miss up to a month of school. Given the severe impact of the storm, virtual learning is not an option because internet and cellphone service has remained spotty since the storm struck in late September.

Electricity-fueled energy market is coming but more clean energy is needed

(   ) -q-21- UNDATED (Correspondent Jeremy House) “in a bind.'”

An increasing shift toward electric vehicles globally, especially in China, is poised to disrupt the global oil market.

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Time: 21s
Title: EVs-OIL-MARKET-house-q-WEDam
Out-cue: in a bind]

TAG: Correspondent Jeremy House reporting. The IEA’s World Energy Outlook 2024, released Wednesday, outlines a future where EV adoption continues to gain momentum, reaching 50% of global car sales in 2030.

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VERBATIM: That’s according to a new report by the International Energy Agency. In recent years, China has accounted for most of the growth in oil demand and planet-heating emissions. However, electric vehicles now make up 40% of new sales of cars there, and 20% globally, putting major oil and gas producers “in a bind.”

UK inflation falls to lowest level in over 3 years

( ) -q-25- UNDATED (Correspondent Jeremy House) “bigger than anticipated.”

Inflation in the U.K. has fallen to its lowest level in more than three years.

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Time: 25s
Title: UK-INFLATION-house-q-WEDam
Out-cue: bigger than anticipated]

TAG: Correspondent Jeremy House reporting.

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VERBATIM: It’s a decline that has cemented market expectations that the Bank of England will lower interest rates at its next policy meeting. The Office for National Statistics says consumer prices rose by 1.7% in September. That’s down from 2.2% the previous month, largely as a result of lower air fares and gas prices. The decline was bigger than anticipated.

Troubled Boeing signals it may raise up to $25 billion to shore up finances

( ) -q-23- UNDATED (Correspondent Jeremy House) “the company’s airplanes.”

Boeing is moving toward raising up to $25 billion to shore up its troubled financial position.

[CutID: <Cuts> BOEING-FINANCES-house-q-WEDam.mp3
Time: 23s
Title: BOEING-FINANCES-house-q-WEDam
Out-cue: the company’s airplanes]

TAG: Correspondent Jeremy House reporting. Last week, new CEO Kelly Ortberg said Boeing will cut about 10% of its workforce – that’s around 17,000 jobs.

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VERBATIM: The company is signaling it could raise that much money by issuing new stock or debt over the next three years. Boeing is also entering into a new $10 billion credit agreement with leading U.S. banks. Boeing has lost more than $25 billion since the start of 2019, and now it’s under pressure from a strike by union machinists who make the company’s airplanes.

Tillis Warns GOP Colleagues Against Senate Rules Change

Gallup: Americans Trust State, Local Governments More Than Media, Congress

Trump Highlights Cruz Endorsements On Truth Social

Florida power companies make progress in restoring electricity

Florida power companies have restored electricity to the vast majority of homes and businesses after the most recent hurricane. Three and-a-half million customers lost electricity after Hurricane Milton made landfall in Florida last week. Over the past few days, utility crews have made substantial progress. As of Tuesday morning the number of homes and businesses waiting for the power to come back on was down to about 187-thousand. Areas that remain flooded will be the last to get power. Meanwhile, lines are mostly gone at gas stations after fuel deliveries were suspended during the storm.

Hedge fund Elliott calls for Southwest shareholders to vote on slate of directors

( ) -q-24- UNDATED (Correspondent Jeremy House) “on December tenth.”

The second largest shareholder of Southwest Airlines is calling for special meeting of shareholders to vote on its slate of eight new directors, which would represent a majority of the struggling airline’s board.

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Time: 24s
Title: SOUTHWEST-ELLIOTT-house-q-TUEam
Out-cue: on December tenth]

TAG: Correspondent Jeremy House reporting.

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VERBATIM: Elliott Management, which has been highly critical of Southwest in recent months, is pushing for leadership changes and an overhaul of the company’s strategy. Southwest has responded by making some changes, but not enough to appease the fund, which is led by billionaire investor Paul Singer. The hedge fund recently acquired a stake of 11% in the struggling airline and has called for the meeting to be held on December tenth.

Paris Motor Show opens during EV trade war between EU and China

( ) -q-24- UNDATED (Correspondent Jeremy House) “at high-priced EVs.”

Auto manufacturers competing to persuade drivers to go electric are rolling out cheaper, more tech-rich models at the Paris Motor Show.

[CutID: <Cuts> PARIS-MOTOR-SHOW-house-q-TUEam.mp3
Time: 24s
Title: PARIS-MOTOR-SHOW-house-q-TUEam
Out-cue: at high-priced EVs]

TAG: Correspondent Jeremy House reporting.

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VERBATIM: They are targeting everyone from luxury clients to students yet to receive their driving licenses. Chinese manufacturers are attending in force. That’s despite European Union threats to punitively tax imports of their electric vehicles. Long-established European manufacturers are fighting back with new efforts to win consumers who have balked at high-priced EVs.

California Gov. Newsom signs law aimed at preventing gas price gouging

( ) -q-22- UNDATED (Correspondent Jeremy House) “refinery maintenance schedules.”

California Governor Gavin Newsom has signed a law aimed at preventing gas prices from spiking at the pump.

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Time: 22s
Title: NEWSOM-GAS-PRICES-house-q-TUEam
Out-cue: refinery maintenance schedules]

TAG: Correspondent Jeremy House reporting.

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VERBATIM: The move marks the Democrat’s latest step in a battle with the oil industry over energy prices. Proponents say the law will save Californians billions of dollars at the pump. But opponents say it could unintentionally raise overall gas prices and threaten the safety of workers by giving the state more oversight over refinery maintenance schedules.

AZ Dems Say Split-Ticket Voting Favors Gallegos Over Lake Even If Trump Wins

Dem Senator Fetterman Warns Musk Support Of Trump Cold Win PA

SC Senator Tim Scott Reportedly Aiming to Head Up NRSC

JPMorgan sets aside more money for potential bad loans

( ) -q-25- UNDATED (Correspondent Jeremy House) “and getting worse.'”

JPMorgan says its net income fell to $12.9 billion in the third quarter from $13.2 billion a year ago.

[CutID: <Cuts> JPMORGAN-BAD-LOANS-house-q-MONam.mp3
Time: 25s
Title: JPMORGAN-BAD-LOANS-house-q-MONam
Out-cue: and getting worse]

TAG: Correspondent Jeremy House reporting.

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VERBATIM: Earnings of $4.37 per share did, however, beat Wall Street analysts’ forecasts and shares rose more than 4%. The bank set aside more money to cover potentially bad loans, but did say it feels the U.S. consumer is on “solid footing.” JPMorgan CEO Jamie Dimon said the bank continues to monitor geopolitical tensions that he called “treacherous and getting worse.”

Changing OpenAI’s nonprofit structure would raise questions about its future

( ) -q-30- UNDATED (Correspondent Jeremy House) ”

The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion.

[CutID: <Cuts> OPENAI-VALUATION-house-q-MONam.mp3
Time: 30s
Title: OPENAI-VALUATION-house-q-MONam
Out-cue: allowed to interact]

TAG: Correspondent Jeremy House reporting.

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VERBATIM: Nonprofit tax experts have been closely watching OpenAI, the maker of ChatGPT, since last November when its board ousted and rehired CEO Sam Altman. OpenAI is organized as a nonprofit with a mission to develop artificial intelligence, and it later added subsidiary for-profit entities under the nonprofit’s control. Now, some of these experts believe that OpenAI may have reached or exceeded the limits of how nonprofits and for-profits are allowed to interact.

A Tesla car crashes and catches fire in France, killing 4

( ) -q-19- UNDATED (Correspondent Jeremy House) “burnt beyond recognition.”

Police in France say four people have died in a car crash after their Tesla vehicle reportedly hit a road sign and caught fire.

[CutID: <Cuts> FRANCE-TESLA-CRASH-house-q-MONam.mp3
Time: 19s
Title: FRANCE-TESLA-CRASH-house-q-MONam
Out-cue: burnt beyond recognition]

TAG: Correspondent Jeremy House reporting.

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VERBATIM: A local police spokesman said the exact circumstances of the weekend crash near the city of Niort were still to be determined and an investigation was underway. He said there were no witnesses, making the investigation complicated. He said the driver and three passengers were burnt beyond recognition.

Elon Musk unveils Tesla’s ‘Cybercab’

( ) -q-20- UNDATED (Correspondent Jeremy House) “California next year.”

Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, though fans of the electric vehicle maker will have to wait until at least 2026 before they are available.

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Time: 20s
Title: TESLA-CYBERCAB-house-q-FRIam
Out-cue: California next year]

TAG: Correspondent Jeremy House reporting. The unveiling comes as Musk tries to persuade investors that his company is more about artificial intelligence and robotics as it struggles to sell its core products, an aging lineup of once-cutting-edge electric vehicles.

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VERBATIM: CEO Elon Musk said the “Cybercab” doesn’t have steering wheels or pedals. Tesla expects the Cybercabs to cost under $30,000. The company also expects to make its Full Self-Driving technology available on its Model 3 and Model Y vehicles in Texas and California next year.

China lifts a lobster ban on Australia

( ) -q-25- UNDATED (Correspondent Jeremy House) “compromising Australian interests.”

Australian Prime Minister Anthony Albanese says China will resume importing Australian live lobsters by the end of the year.

[CutID: <Cuts> AUSTRALIA-CHINA-LOBSTERS-house-q-FRIam.mp3
Time: 25s
Title: AUSTRALIA-CHINA-LOBSTERS-house-q-FRIam
Out-cue: compromising Australian interests]

TAG: Correspondent Jeremy House reporting. Beijing is unhappy with restrictions Australia has placed on some Chinese investments because of security concerns. China ended trade with Australia in 2020 on a range of commodities.

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VERBATIM: Albanese made the announcement after meeting with China’s premier on the sidelines of a Southeast Asian summit in Laos. The ban on lobsters is the last of a series of official and unofficial trade barriers Beijing has agreed to lift since the Albanese government was elected in 2022. Albanese has given assurances that relations with China have been improved without compromising Australian interests.

South Korea tries to kick-start its economy

( ) -q-24- UNDATED (Correspondent Jeremy House) “the COVID-19 pandemic.”

South Korea’s central bank cut its policy rate for the first time in more than four years.

[CutID: <Cuts> SOUTH-KOREA-ECONOMY-house-q-FRIam.mp3
Time: 24s
Title: SOUTH-KOREA-ECONOMY-house-q-FRIam
Out-cue: the COVID-19 pandemic]

TAG: Correspondent Jeremy House reporting. The bank raised the rate by a quarter percentage point in August 2021 over concerns about inflation and soaring household debt, driven in part by skyrocketing house prices, and then froze rates for over three years.

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VERBATIM: The rate cut comes as pressure to revive a sluggish economy outweighs concerns about the country’s level of household debt. The Bank of Korea lowered its key interest rate by a quarter percentage point to 3.25% following a meeting of its monetary policy committee. It was the committee’s first move to lower borrowing costs since May 2020, when the economy was weathering the COVID-19 pandemic.

US filings for jobless benefits jump to 258,000, the most in more than a year

( ) -q-26- UNDATED (Correspondent Jeremy House) “a given week.”

The number of Americans filing for for unemployment benefits last week jumped to their highest level in a year.

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Time: 26s
Title: JOBLESS-CLAIMS-house-q-THUam
Out-cue: a given week]

TAG: Correspondent Jeremy House reporting.

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VERBATIM: In a possible sign of softness in the labor market, the Labor Department reports that applications for jobless claims jumped by by 33,000 to 258,000 for the week of October third. That’s the most since August fifth, 2023 and well above the 229,000 analysts were expecting. Applications for jobless benefits are widely considered representative of U.S. layoffs in a given week.

Social Security recipients will get a 2.5% cost-of-living boost in 2025

( ) -q-27- UNDATED (Correspondent Jeremy House) “started to cool.'”

Millions of retirees who receive Social Security benefits will see a 2.5% cost-of-living increase to their monthly checks beginning in January.

[CutID: <Cuts> SOCIAL-SECURITY-COLA-house-q-THUam.mp3
Time: 27s
Title: SOCIAL-SECURITY-COLA-house-q-THUam
Out-cue: started to cool]

TAG: Correspondent Jeremy House reporting.

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VERBATIM: The Social Security Administration says the cost-of-living adjustment for retirees translates to more than $50 more on average per retiree every month. About 72.5 million people, including retirees, disabled people and children, get Social Security benefits. The agency’s commissioner says the cost-of-living adjustment will help millions of people “keep up with expenses even as inflation has started to cool.”