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News reports from around the world.

Marriott agrees to pay $52 million, beef up data security over data breaches

Thu, Oct 10, 2024 at 12:50 pm

( ) -q-27- UNDATED (Correspondent Jeremy House) “to safeguard data.”

Marriott International has agreed to pay $52 million and make changes to bolster its data security.

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TAG: Correspondent Jeremy House reporting. The three data breaches took place between 2014 and 2020.

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VERBATIM: The payment was made to resolve state and federal claims related to major data breaches that affected more than 300 million of Marriott’s customers worldwide. The Federal Trade Commission and a group of attorneys general from 49 states and the District of Columbia ran parallel investigations into three data breaches. They claimed Marriott failed to secure its computer system with appropriate password controls, network monitoring or other practices to safeguard data.

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Climate solution: Form Energy secures $405M to speed development of long-awaited 100-hour battery

Thu, Oct 10, 2024 at 12:48 pm

( ) -q-23- UNDATED (Correspondent Jeremy House) “wind isn’t blowing.”

Form Energy, a company that is beginning to produce a longer-lasting alternative to lithium batteries, has hit a milestone with an announcement of $405 million in funding.

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TAG: Correspondent Jeremy House reporting.

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VERBATIM: The money will allow Form to speed up manufacturing at its first factory in Weirton, West Virginia and continue research and development. Manufacturing long-duration energy storage at a commercial scale is seen as essential for lowering carbon emissions. The alternative to lithium batteries makes clean energy available when the sun isn’t shining or the wind isn’t blowing.

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Some East Palestine derailment settlement payments to go out during appeal process

Wed, Oct 9, 2024 at 10:28 am

( ) -q-27- UNDATED (Correspondent Jeremy House) “appealing the deal.”

People who lived near the disastrous East Palestine (TEEN) train derailment last year should still be able to receive personal injury payments.

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TAG: Correspondent Jeremy House reporting.

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VERBATIM: The payments would be made even while the bulk of the residents’ $600 million class action settlement with Norfolk Southern railroad remains on hold during an appeal. A spokesperson for attorneys who represented residents said provisions of the deal will allow those personal injury payments to be made even while an appeal challenging whether the settlement is adequate and fair moves forward. Four additional residents recently filed notice that they are appealing the deal.

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Small business disaster loan program in danger of running out of funds

Wed, Oct 9, 2024 at 10:27 am

( ) -q-21- UNDATED (Correspondent Jeremy House) “down on Florida.”

The Small Business Administration could run out of money to fund disaster loans in the wake of Hurricane Helene’s devastation.

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TAG: Correspondent Jeremy House reporting.

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VERBATIM: The SBA is offering disaster loans for small businesses in some counties in Florida, Georgia, North Carolina, South Carolina, Tennessee and Virginia. But President Biden said in a recent letter to Congress that aid could run out “in a matter of weeks” if more federal funding is not approved. This, as Milton bears down on Florida.

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US considers asking court to break up Google

Wed, Oct 9, 2024 at 10:26 am

( ) -q-26- UNDATED (Correspondent Jeremy House) “remedies are decided.”

The U.S. Department of Justice is considering asking a federal judge to force Google to sell parts of its business in order to eliminate its online search monopoly.

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TAG: Correspondent Jeremy House reporting.

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VERBATIM: In a court filing, federal prosecutors also said the judge could ask the court to open the underlying data Google uses to power its ubiquitous search engine and artificial intelligence products to competitors. A federal judge ruled in August that Google’s search engine has been illegally exploiting its dominance to squash competition and stifle innovation. Google plans to appeal but must wait until the remedies are decided.

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Facebook, YouTube, TikTok users in Europe get forum to challenge social media

Tue, Oct 8, 2024 at 10:16 am

Social media users across the European Union will soon have a new forum to challenge decisions by platforms to remove posts and videos for breaking their rules or leave up others that may violate them. An “out of court dispute settlement body” named the Appeals Center Europe said it has been certified by Irish regulators to act as a referee on content moderation disputes across the EU. It will start with cases involving Facebook, YouTube and TikTok. The center is similar to Meta’s Oversight Board, a quasi-independent body set up in 2020 that acts like a supreme court for thorny decisions about content moderation issues on Facebook, Instagram and Threads submitted by users around the world.

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Supreme Court won’t hear appeal from X over warrant in Trump case

Tue, Oct 8, 2024 at 10:15 am

( ) -q-25- UNDATED (Correspondent Jeremy House) “be an issue.”

The Supreme Court says it won’t hear an appeal from the social media platform X over a search warrant prosecutors obtained in the election-interference case against former President Donald Trump.

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TAG: Correspondent Jeremy House reporting. A lower court also found that telling Mr. Trump could have jeopardized the ongoing investigation.

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VERBATIM: The company says a nondisclosure order that blocked it from telling Mr. Trump about the warrant obtained by special counsel Jack Smith’s team violated its First Amendment rights. It also argued that the former president should have had a chance to assert executive privilege. Prosecutors, though, say the company never showed Mr.Trump had used the account for official purposes, so executive privilege wouldn’t be an issue.

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PepsiCo lowers revenue forecast as sales growth weakens

Tue, Oct 8, 2024 at 10:13 am

( ) -q-21- UNDATED (Correspondent Jeremy House) “at 23.3-billion dollars.”

Pepsi has lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on its snacks and drinks.

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TAG: Correspondent Jeremy House reporting. Analysts polled by FactSet say Wall Street had expected revenue of $23.8 billion.

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VERBATIM: The company says it now expects its organic revenue — which is adjusted for foreign currency exchanges and the impact of product acquisitions or divestments – to see a low single-digit increase for the year. It had expected an increase of 4%. Pepsi said its revenue was flat in the third quarter, at $23.3 billion.

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“Word Salad”. Senator Joni Ernst Blasts Harris On Israel Answers In 60 Minutes Interview

Tue, Oct 8, 2024 at 5:29 am
A U.S. senator with 23-years of military service weighs-in on Kamala Harriis’ 60 Minutes interview. Senator Joni Ernst [R-IA] described Harris’ answers about U.S. relations with Israel as another “word salad”. Ernst says Israeli Prime Minister has in fact been a strong ally of the United States, but that Israel has  been forced to “go it alone” in defending itself against a steady barrage of attacks from Hezbollah terrorists in Lebanon.
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Senator Says Trump Win Needed To Rebuild Military

Tue, Oct 8, 2024 at 4:39 am
The top Republican on the Senate Armed Services Committee says it will take a Trump victory in November to give the country the defense infrastructure it needs to stand up to China. Senator Roger Wicker [R-Miss] says the experts al agree it’s time to get back to Ronald Regans formula for peace through strengtH. But he says it’s hard to afford when Democrats insist on wasteful domestic spending as part of the deal. Something Wicker tells the Salem Radio Network has put a strong defense budget out of reach.
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Senator Says Only Trump Victory Can Restore Military Might

Mon, Oct 7, 2024 at 3:29 pm
The top Republican on the Senate Armed Services Committee says it will take a Republican victory in November to rebuild the nation’s dilapidated defense infrastructure. Senator Roger Wicker also warns it won’t be cheap.  Wicker tells the Salem Radio Network RESTORING Ronald Reagan’s vision of peace through strength could cost up to 5% of the national budget.
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Supreme Court rejects appeal from ‘Pharma Bro’ Martin Shkreli

Mon, Oct 7, 2024 at 10:43 am

( ) -q-28- UNDATED (Correspondent Jeremy House) “for repaying profits.”

The Supreme Court has rejected an appeal from Martin Shkreli, who was once dubbed “Pharma Bro” after jacking up the price of a lifesaving drug.

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TAG: Correspondent Jeremy House reporting.

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VERBATIM: Shkreli appealed an order to return $64.6 million in profits he and his former company reaped after monopolizing the market for the medication and drastically increasing its price. His lawyers argued that money went to his company rather than him personally. Prosecutors, though, said the company had agreed in a settlement to pay $40 million, and because Shkreli masterminded the scheme, he should bear responsibility for repaying profits.

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As affordable housing disappears, states scramble to shore up the losses

Mon, Oct 7, 2024 at 10:42 am

( ) -q-24- UNDATED (Correspondent Jeremy House) “need it most.”

While Americans continue to struggle under high rents, as many as 223,000 affordable housing units could disappear in the next five years.

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TAG: Correspondent Jeremy House reporting. Some states are trying to stop the leakage, including with local governments or nonprofits buying the buildings to keep them affordable. But the solutions aren’t airtight, leaving some renters facing huge rent increases, even eviction.

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VERBATIM: Those units were built with the federal Low-Income Housing Tax Credit, which gives developers tax credits in exchange for keeping rents low. But there is a catch. The buildings typically only need to be kept affordable for a minimum of 30 years. For the wave of construction in the 1990s, those deadlines are arriving now, threatening to eliminate affordable housing when Americans need it most.

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In Philadelphia, Chinatown activists rally again to stop a 76ers arena

Mon, Oct 7, 2024 at 10:41 am

( ) -q-21- UNDATED (Correspondent Jeremy House) “plans were announced.”

Chinatown activists are rallying to block a planned $1.3 billion arena for the Philadelphia 76ers that recently won the support of Mayor Cherelle Parker.

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TAG: Correspondent Jeremy House reporting. Economist Victor Matheson says downtown arenas bring only a limited economic boost to city business districts.

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VERBATIM: Owners of the Sixers hope to get city council’s approval for the downtown site by year’s end so they can open the arena by 2031. Several neighborhood groups oppose the plan, fearing gridlock on game days and rising rents. Debbie Law says her family had to move its Chinatown variety store when the rent tripled after the arena plans were announced.

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Senate Democrats Seek DOJ Probe Of Boeing Executives

Fri, Oct 4, 2024 at 1:41 pm
A pair of Democrat senators are calling for the government to investigate Boeing executives for allegedly putting profits over safety. Senators Elizabeth Warren and Richard Blumenthal penned a letter to the Justice Department complaining of what they has been lax oversight of Boeing in recent years. In cases where passenger safety has been compromised the pair complain about relatively small fines, coupled with what they call “a toothless commitment to improve aircraft safety. The letter also notes Boeing has cycled through THREE CEO’s over the past SIX years.
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Dems Accuse Israel Of U.S. Election Interference with War Actions

Fri, Oct 4, 2024 at 1:13 pm
Some Democrats in Congress are accusing Israel of timing its war strategy to help Donald Trump in the November election. Some say Israel’s decision to mount a ground offensive just prior to November 5th amounts to foreign election interference. Says Senate Foreign Relations Committee member Democrat Chris Murphy “I certainly worry that Prime Minister Netanyahu is watching the American election as he makes decisions about his military campaigns in the north and in Gaza,” Some Democrats fear the Middle East in chaos reflects poorly on the Biden/Harris administration’s foreign policy and puts candidate Kamala Harris in a bind as she tries to appease anti-Israel voters in her own party.
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US adds a robust 254,000 jobs and unemployment dips to 4.1%

Fri, Oct 4, 2024 at 1:11 pm

( ) -q-19- UNDATED (Correspondent Jeremy House) “high interest rates.”

America’s employers added a surprisingly strong 254,000 jobs in September.

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TAG: Correspondent Jeremy House reporting. Few employers are laying off workers, though many have grown more cautious about hiring.

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VERBATIM: Last month’s hiring gain was up sharply from the 159,000 jobs that were added in August. Meanwile, the unemployment rate dropped from 4.2% to 4.1%. The latest figures suggest that many companies are still confident enough to fill jobs despite the continued pressure of high interest rates.

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Biden Will Campaign For Dem Sen.Casey In Philadelphia Next Week

Fri, Oct 4, 2024 at 1:10 pm
Pennsylvania Democrat Bob Casey [D-PA] hopes a visit from President Biden will be a boost for his Senate re-election campaign. The white house says President Biden will hold a campaign event for Casey on Tuesday. The rally will be in Philadelphia, following the president’s stop in Wisconsin. Casey is locked in a tough battle with Republican challenger David McCormick. Flipping Casey’s seat from Blue to Red would be a major victory for Republicans as they seek to regain the Senate majority.
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President Biden’s latest student loan plan is put on hold

Fri, Oct 4, 2024 at 1:10 pm

( ) -q-29- UNDATED (Correspondent Jeremy House) “blocking the plan.”

A federal judge in Missouri put a temporary hold on President Biden’s latest student loan cancellation plan.

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TAG: Correspondent Jeremy House reporting.

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VERBATIM: The hold effectively slams the door on hope the plan would move forward after another judge allowed a pause to expire. Just as it briefly appeared the Biden administration would have a window to push its plan forward, U.S. District Judge Matthew Schelp in Missouri quickly granted an injunction blocking the plan. Six Republican-led states requested the injunction just hours earlier, after a federal judge in Georgia decided not to extend a separate order blocking the plan.

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Google to stop linking to New Zealand news if new law forces a paywall

Fri, Oct 4, 2024 at 1:05 pm

( ) -q-25- UNDATED (Correspondent Jeremy House) “with media outlets.”

Google says it will stop linking to New Zealand news content and will reverse its support of local media outlets if the government passes a law forcing tech companies to pay for articles displayed on their platforms.

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TAG: Correspondent Jeremy House reporting.

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VERBATIM: The vow to sever Google traffic to New Zealand news sites echoes strategies the firm deployed when Australia and Canada prepared to enact similar laws in recent years. It follows a surprise announcement by New Zealand’s government in July. Officials said lawmakers would advance a bill forcing tech platforms to strike deals for sharing revenue generated from news content with media outlets.

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Senators ask DOJ to take tougher action against Boeing executives over safety

Fri, Oct 4, 2024 at 1:03 pm

( ) -q-28- UNDATED (Correspondent Jeremy House) “of 346 people.”

Two U.S. senators have asked the Department of Justice to take tougher action against Boeing executives for safety issues that have impacted its airplanes.

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TAG: Correspondent Jeremy House reporting. Boeing has declined to comment.

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VERBATIM: In a letter, Democratic Senators Elizabeth Warren of Massachusetts and Richard Blumenthal of Connecticut urged the department to “hold criminally accountable” executives who disregarded passenger safety in violation of federal law. The senators’ letter comes ahead of a federal hearing next week over Boeing’s agreement to plead guilty to conspiracy in connection with its 737 Max. Two of the planes crashed, killing a combined total of 346 people.

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Poll: Senator Rick Scott Leads Democrat Opponent By Six Points

Thu, Oct 3, 2024 at 3:29 pm
Florida Senator Rick Scott [R-FL] has a commanding lead against the Democrat hoping to flip his Senate seat in November. A poll by Napolitan News Service shows Senator Scott with a SIX point lead over Representative Debbie Mucarsel-Powell. Scott has accused his oppenent of trying to portray herself as moderate despite what he says has been an exteme leftist voting record in the House. The same survey shows former President Trump leading Kamala Harris by TWO points-50-to-48 percent-among Florida voters.
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