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DNC union launches GoFundMe to help former staffers hit by massive layoffs after election lossesBitcoin catapulted above US$100,000 (NZ$170,000) for the first time on Thursday (US time), a milestone hailed even by sceptics as a coming-of-age for digital assets as investors bet on a friendly US administration to cement the place of cryptocurrencies in financial markets. Once it broke US$100,000 in Thursday's Asian morning, boosted by US President-elect Trump's nomination of pro-crypto Paul Atkins to run the Securities and Exchange Commission, it was soon at an all-time high of US$103,619 (NZ$176,000). It last fetched US$101,139 ($NZ172,000), up about 3.2 percent on the day. The total value of the cryptocurrency market has almost doubled over the year so far to hit a record over $3.8 trillion (NZ$6.46t) according to data provider CoinGecko. By comparison, Apple alone is worth about $3.7t (NZ$3.6t). Bitcoin's march from the libertarian fringe to Wall Street has minted millionaires, a new asset class and popularised the concept of "decentralised finance" in a volatile and often controversial period since its creation 16 years ago. Bitcoin has more than doubled in value this year and is up more than 50 percent in the four weeks since Donald Trump's sweeping election victory, which also saw a slew of pro-crypto lawmakers being elected to Congress. "CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU-RE WELCOME!!! Together, we will Make America Great Again!" Trump said on Truth Social, his social media network, on Thursday. "We're witnessing a paradigm shift," said Mike Novogratz, founder and CEO of US crypto firm Galaxy Digital. "Bitcoin and the entire digital asset ecosystem are on the brink of entering the financial mainstream - this momentum is fuelled by institutional adoption, advancements in tokenisation and payments, and a clearer regulatory path." Trump - who once labelled crypto a scam - 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. "We were trading basically sideways for about seven months, then immediately after 5 November, US investors resumed buying hand-over-fist," said Joe McCann, CEO and founder of Asymmetric, a Miami digital assets hedge fund. Bitcoin's proponents cheered Trump's nomination of Atkins to the SEC. A former SEC commissioner, Atkins has been involved in crypto policy as co-chair of the Token Alliance, which works to "develop best practices for digital asset issuances and trading platforms," and the Chamber of Digital Commerce. "Atkins will offer a new perspective, anchored by a deep understanding of the digital asset ecosystem," said Blockchain Association CEO Kristin Smith. "We look forward to working with him ... and ushering in - together - a new wave of American crypto innovation." A slew of crypto companies including Ripple, Kraken and Circle are also jostling for a seat on Trump's promised crypto advisory council. Part of the landscape Bitcoin has proven a survivor through precipitous downturns. Its move into six-figure territory is a remarkable comeback from a dip below $16,000 (NZ$27,200) in 2022 when the industry was reeling from the collapse of the FTX exchange . Founder Sam Bankman-Fried was subsequently jailed . Analysts say the growing embrace of bitcoin by big investors this year has been a driving force behind the record-breaking rally. US-listed bitcoin exchange-traded funds were approved in January and have been a conduit for large-scale buying, with more than $4b (NZ$6.8b) streaming into these funds since the election. "Roughly 3 percent of the total supply of bitcoins that will ever exist have been purchased in 2024 by institutional money," said Geoff Kendrick, global head of digital assets research at Standard Chartered. "Digital assets, as an asset class, is becoming normalised," he said. It is already becoming increasingly financialised, with the launch of bitcoin futures in 2017 and a strong debut for options on BlackRock's ETF in November. Crypto-related stocks have soared along with the bitcoin price, with shares in bitcoin miner MARA Holdings and exchange operator Coinbase each up around 65 percent in November. Software firm Microstrategy, which has repeatedly raised funds to buy bitcoin and held an aggregate of about 402,100 bitcoins as of 1 December, has gained around 540 percent this year. Trump himself unveiled a new crypto business, World Liberty Financial, in September, although details have been scarce and billionaire Elon Musk, a major Trump ally, is also a proponent of cryptocurrencies. Some say the asset remains a speculative or investment vehicle and not an instrument for payments. On Wednesday, Federal Reserve Chair Jerome Powell likened bitcoin to gold, "only its virtual, its digital". "People are not using it as a form of payment, or as a store of value. It's highly volatile, it's not a competitor for the dollar." While earlier big bitcoin rallies have been followed by significant pullbacks, its wider adoption now may help tamp down volatility, analysts said. "That is not to say that there will not be 30-50 percent drawdowns over time, but my base case is that the nature of the drawdowns will be less severe than what we saw in the last bear market," Sean Farrell, head of digital asset strategy at Fundstrat Global Advisors, said. "Passive flows into ETFs, a liquid options market, corporate treasury adoption, and nation state adoption will likely play a large role in dampening volatility," Farrell said. 'Who can prohibit it?' Cryptocurrencies have been criticised for their massive energy consumption and use in crime around the world, and the underlying technology is far from delivering a revolution in the way money moves around the globe. The US and Britain announced on Wednesday they had disrupted what they described as a global money laundering ring which used cryptocurrency to help rich Russians to evade sanctions and launder cash for drug traffickers. Although calculations vary, the Cambridge University Centre for Alternative Finance estimates bitcoin uses around the same amount of electricity each year as Poland or South Africa. Still, as Russian President Vladimir Putin pointed out at an investment conference on Wednesday: "Who can prohibit it? No one." And its longevity is perhaps testament to a degree of resilience. "As time goes by it's proving itself as part of the financial landscape," said Shane Oliver, chief economist and head of investment strategy at AMP in Sydney. "I find it very hard to value it... it's anyone's guess. But it does have a momentum aspect to it and at the moment the momentum is up." - ReutersFor the first time ever, Taliban reps were invited to the big U.N. climate conferenceAirports and highways are expected to be jam-packed during Thanksgiving week, a holiday period likely to end with another record day for air travel in the United States. AAA predicts that nearly 80 million Americans will venture at least 50 miles from home between Tuesday and next Monday, most of them by car. However, travelers could be impacted by ongoing weather challenges and those flying to their destinations could be grounded by delays brought on by airline staffing shortages and an airport service workers strike . Here's the latest: Looking to de-stress while waiting for your flight? Many airports have a fleet of therapy dogs — designated fidos and puppers that are eager to receive pets and snuggles from weary travelers. Rules and schedules vary from airport to airport, but the group AirportTherapyDogs uses online crowdsourcing to share the locations of therapy dogs across its various social media accounts. Today, Gracie, a toy Australian shepherd, and Budge, an English bulldog, wandered the concourses at Denver International Airport, and an American Staffordshire Terrier named Hugo greeted travelers at Punta Gorda Airport in Florida. Some airports even feature other therapy pals. San Francisco International Airport’s fleet of animals includes a Flemish Giant rabbit and a hypoallergenic pig. “We cannot live on the wages that we are being paid,” ABM cabin cleaner Priscilla Hoyle said at a rally earlier Monday. “I can honestly say it’s hard every single day with my children, working a full-time job but having to look my kids in the eyes and sit there and say, ‘I don’t know if we’re going to have a home today.’” Timothy Lowe II, a wheelchair attendant, said he has to figure out where to spend the night because he doesn’t make enough for a deposit on a home. “We just want to be able to have everything that’s a necessity paid for by the job that hired us to do a great job so they can make billions,” he said. ABM said it is “committed to addressing concerns swiftly” and that there are avenues for employees to communicate issues, including a national hotline and a “general open door policy for managers at our worksite.” Employees of ABM and Prospect Airport Services cast ballots Friday to authorize the work stoppage at Charlotte Douglas International Airport, a hub for American Airlines. They described living paycheck to paycheck while performing jobs that keep planes running on schedule. Most of them earn $12.50 to $19 an hour, union officials said. Rev. Glencie Rhedrick of Charlotte Clergy Coalition for Justice said those workers should make $22 to $25 an hour. The strike is expected to last 24 hours. Several hundred workers participated in the work stoppage. Forty-four fights have been canceled today and nearly 1,900 were delayed by midday on the East Coast, according to FlightAware . According to the organization’s cheekily named MiseryMap , San Francisco International Airport is having the most hiccups right now, with 53 delays and three cancellations between 11 a.m. and 3 p.m. EST. While that might sound like a lot of delays, they might not be so bad compared to last Friday when the airport suffered 671 delays and 69 cancellations. In an apparent effort to reduce the headaches caused by airport line cutting, American Airlines has rolled out boarding technology that alerts gate agents with an audible sound if a passenger tries to scan a ticket ahead of their assigned group. This new software won’t accept a boarding pass before the group it’s assigned to is called, so customers who get to the gate prematurely will be asked to go back and wait their turn. As of Wednesday, the airline announced, the technology is now being used in more than 100 U.S. airports that American flies out of. The official expansion arrives after successful tests in three of these locations — Albuquerque International Sunport, Ronald Reagan Washington National Airport and Tucson International Airport. ▶ Read more about American Airlines’ new boarding technology Travel can be stressful in the best of times. Now add in the high-level anxiety that seems to be baked into every holiday season and it’s clear travelers could use some help calming frazzled nerves. Here are a few ways to make your holiday journey a little less stressful: 1. Make a checklist of what you need to do and what you need to bring 2. Carry your comfort with you — think noise-canceling headphones, cozy clothes, snacks and extra medication 3. Stay hydrated 4. Keep up to date on delays, gate changes and cancellations with your airline’s app ▶ Read more tips about staying grounded during holiday travel Thanksgiving Day takes place late this year, with the fourth Thursday of November falling on Nov. 28. That shortens the traditional shopping season and changes the rhythm of holiday travel. With more time before the holiday , people tend to spread out their outbound travel over more days, but everyone returns at the same time, said Andrew Watterson, the chief operating officer of Southwest Airlines . “A late Thanksgiving leads to a big crush at the end,” Watterson said. “The Saturday, Sunday, Monday and Tuesday after Thanksgiving are usually very busy with Thanksgiving this late.” Airlines did a relatively good job of handling holiday crowds last year, when the weather was mild in most of the country. Fewer than 400 U.S. flights were canceled during Thanksgiving week in 2023 — about one out of every 450 flights. So far in 2024, airlines have canceled about 1.3% of all flights. Drivers should know that Tuesday and Wednesday afternoons will be the worst times to travel by car, but it should be smooth sailing on freeways come Thanksgiving Day, according to transportation analytics company INRIX. On the return home, the best travel times for motorists are before 1 p.m. on Sunday, and before 8 a.m. or after 7 p.m. on Monday, the company said. In metropolitan areas like Boston, Los Angeles, New York, Seattle and Washington, “traffic is expected to be more than double what it typically is on a normal day,” INRIX transportation analyst Bob Pishue said. Federal Aviation Administration Administrator Mike Whitaker said last week that he expects his agency to use special measures at some facilities to deal with an ongoing shortage of air traffic controllers. In the past, those facilities have included airports in New York City and Florida. “If we are short on staff, we will slow traffic as needed to keep the system safe,” Whitaker said. The FAA has long struggled with a shortage of controllers that airline officials expect will last for years, despite the agency’s lofty hiring goals. 5. Auto club and insurance company AAA predicts that nearly 80 million Americans will venture at least 50 miles from home between Tuesday and next Monday. Most of them will travel by car. 6. Drivers should get a slight break on gas prices . The nationwide average price for gasoline was $3.06 a gallon on Sunday, down from $3.27 at this time last year. 7. The Transportation Security Administration expects to screen 18.3 million people at U.S. airports during the same seven-day stretch. That would be 6% more than during the corresponding days last year but fit a pattern set throughout 2024. 8. The TSA predicts that 3 million people will pass through airport security checkpoints on Sunday; more than that could break the record of 3.01 million set on the Sunday after the July Fourth holiday. Tuesday and Wednesday are expected to be the next busiest air travel days of Thanksgiving week. ▶ Read more about Thanksgiving travel across the U.S. Workers who clean airplanes, remove trash and help with wheelchairs at Charlotte’s airport, one of the nation’s busiest, went on strike Monday to demand higher wages. The Service Employees International Union announced the strike in a statement early Monday, saying the workers would demand “an end to poverty wages and respect on the job during the holiday travel season.” The strike was expected to last 24 hours, said union spokesperson Sean Keady. Employees of ABM and Prospect Airport Services cast ballots Friday to authorize the work stoppage at Charlotte Douglas International Airport, a hub for American Airlines. The two companies contract with American, one of the world’s biggest carriers, to provide services such as cleaning airplane interiors, removing trash and escorting passengers in wheelchairs. ▶ Read more about the Charlotte airport workers’ strike Parts of the Midwest and East Coast can expect to see heavy rain into Thanksgiving, and there’s potential for snow in Northeastern states. A storm last week brought rain to New York and New Jersey, where wildfires have raged in recent weeks, and heavy snow to northeastern Pennsylvania. The precipitation was expected to help ease drought conditions after an exceptionally dry fall. Heavy snow fell in northeastern Pennsylvania, including the Pocono Mountains. Higher elevations reported up to 17 inches (43 centimeters), with lesser accumulations in valley cities including Scranton and Wilkes-Barre. Around 35,000 customers in 10 counties were still without power, down from 80,000 a day ago. In the Catskills region of New York, nearly 10,000 people remained without power Sunday morning, two days after a storm dumped heavy snow on parts of the region. Precipitation in West Virginia helped put a dent in the state’s worst drought in at least two decades and boosted ski resorts as they prepare to open in the weeks ahead. ▶ Read more about Thanksgiving week weather forecasts Two people died in the Pacific Northwest after a rapidly intensifying “ bomb cyclone ” hit the West Coast last Tuesday, bringing fierce winds that toppled trees and power lines and damaged homes and cars. Hundreds of thousands lost electricity in Washington state before powerful gusts and record rains moved into Northern California. Forecasters said the risk of flooding and mudslides remained as the region will get more rain starting Sunday. But the latest storm won’t be as intense as last week’s atmospheric river , a long plume of moisture that forms over an ocean and flows over land. “However, there’s still threats, smaller threats, and not as significant in terms of magnitude, that are still going to exist across the West Coast for the next two or three days,” weather service forecaster Rich Otto said. As the rain moves east throughout the week, Otto said, there’s a potential for heavy snowfall at higher elevations of the Sierra Nevada, as well as portions of Utah and Colorado. California’s Mammoth Mountain, which received 2 feet (0.6 meters) of fresh snow in the recent storm, could get another 4 feet (1.2 meters) before the newest system clears out Wednesday, the resort said. Another round of wintry weather could complicate travel leading up to the Thanksgiving holiday, according to forecasts across the U.S., while California and Washington state continue to recover from storm damage and power outages. In California, where two people were found dead in floodwaters on Saturday, authorities braced for more rain while grappling with flooding and small landslides from a previous storm . Here’s a look at some of the regional forecasts: 9. Sierra Nevada: The National Weather Service office issued a winter storm warning through Tuesday, with heavy snow expected at higher elevations and wind gusts potentially reaching 55 mph (88 kph). Total snowfall of roughly 4 feet (1.2 meters) was forecast, with the heaviest accumulations expected Monday and Tuesday. 10. Midwest and Great Lakes: The Midwest and Great Lakes regions will see rain and snow Monday and the East Coast will be the most impacted on Thanksgiving and Black Friday, forecasters said. 11. East Coast: A low pressure system is forecast to bring rain to the Southeast early Thursday before heading to the Northeast. Areas from Boston to New York could see rain and breezy conditions, with snowfall possible in parts of northern New Hampshire, northern Maine and the Adirondacks. If the system tracks further inland, there could be less snow and more rain in the mountains, forecasters said. ▶ Read more about Thanksgiving week weather forecasts
WASHINGTON — President-elect Donald Trump's transition team on Tuesday signed an agreement to allow the Justice Department to conduct background checks on his nominees and appointees after a weekslong delay. The step lets Trump transition aides and future administration staffers obtain security clearances before Inauguration Day to access classified information about ongoing government programs, an essential step for a smooth transition of power. It also allows those nominees who are up for Senate confirmation to face the background checks lawmakers want before voting on them. Teams of investigators have been standing by to process clearances for Trump aides and advisers. FILE - Susie Wiles watches as Republican presidential candidate former President Donald Trump speaks at a caucus night party in Des Moines, Iowa, Jan. 15, 2024. (AP Photo/Andrew Harnik, File) "This agreement with the Department of Justice will ensure President Trump and his team are ready on Day 1 to begin enacting the America First Agenda that an overwhelming majority of our nation supported on Election Day," said Susie Wiles, Trump's designate to be White House chief of staff. The announcement came a week after the Trump transition team signed an agreement with the Biden White House to allow transition staff to coordinate with the existing federal workforce before taking office Jan. 20. The White House agreement was supposed to have been signed by Oct. 1, according to the Presidential Transition Act, and the Biden White House issued both public and private appeals for Trump's team to sign on. Security clearances are required to access classified information, including on ongoing operations and threats to the nation, and the Biden White House and outside experts emphasized to Trump's team the importance of having cleared personnel before Inauguration Day so they could be fully briefed and ready to run the government. Republican Senators also insisted on FBI background checks for Trump's nominees before they face confirmation votes, as has been standard practice for decades. Lawmakers were particularly interested in seeing the findings of reviews into Trump's designated nominee for defense secretary, former Fox News host Pete Hegseth, and for Rep. Tulsi Gabbard to be director of national intelligence. "That's why it's so important that we have an FBI background check, a committee review of extensive questions and questionnaires, and a public hearing," Sen. Susan Collins, R-Maine, said Monday. John Thune, incoming Senate Republican leader, said the Trump team "understands there's going to have to be a thorough vetting of all these nominees." Among President-elect Donald Trump's picks are Susie Wiles for chief of staff, Florida Sen. Marco Rubio for secretary of state, former Democratic House member Tulsi Gabbard for director of national intelligence and Florida Rep. Matt Gaetz for attorney general. Susie Wiles, 67, was a senior adviser to Trump's 2024 presidential campaign and its de facto manager. Trump named Florida Sen. Marco Rubio to be secretary of state, making a former sharp critic his choice to be the new administration's top diplomat. Rubio, 53, is a noted hawk on China, Cuba and Iran, and was a finalist to be Trump's running mate on the Republican ticket last summer. Rubio is the vice chairman of the Senate Intelligence Committee and a member of the Senate Foreign Relations Committee. “He will be a strong Advocate for our Nation, a true friend to our Allies, and a fearless Warrior who will never back down to our adversaries,” Trump said of Rubio in a statement. The announcement punctuates the hard pivot Rubio has made with Trump, whom the senator called a “con man" during his unsuccessful campaign for the 2016 GOP presidential nomination. Their relationship improved dramatically while Trump was in the White House. And as Trump campaigned for the presidency a third time, Rubio cheered his proposals. For instance, Rubio, who more than a decade ago helped craft immigration legislation that included a path to citizenship for people in the U.S. illegally, now supports Trump's plan to use the U.S. military for mass deportations. Pete Hegseth, 44, is a co-host of Fox News Channel’s “Fox & Friends Weekend” and has been a contributor with the network since 2014, where he developed a friendship with Trump, who made regular appearances on the show. Hegseth lacks senior military or national security experience. If confirmed by the Senate, he would inherit the top job during a series of global crises — ranging from Russia’s war in Ukraine and the ongoing attacks in the Middle East by Iranian proxies to the push for a cease-fire between Israel, Hamas and Hezbollah and escalating worries about the growing alliance between Russia and North Korea. Hegseth is also the author of “The War on Warriors: Behind the Betrayal of the Men Who Keep Us Free,” published earlier this year. Trump tapped Pam Bondi, 59, to be attorney general after U.S. Rep. Matt Gaetz withdrew his name from consideration. She was Florida's first female attorney general, serving between 2011 and 2019. She also was on Trump’s legal team during his first impeachment trial in 2020. Considered a loyalist, she served as part of a Trump-allied outside group that helped lay the groundwork for his future administration called the America First Policy Institute. Bondi was among a group of Republicans who showed up to support Trump at his hush money criminal trial in New York that ended in May with a conviction on 34 felony counts. A fierce defender of Trump, she also frequently appears on Fox News and has been a critic of the criminal cases against him. Trump picked South Dakota Gov. Kristi Noem, a well-known conservative who faced sharp criticism for telling a story in her memoir about shooting a rambunctious dog, to lead an agency crucial to the president-elect’s hardline immigration agenda. Noem used her two terms leading a tiny state to vault to a prominent position in Republican politics. South Dakota is usually a political afterthought. But during the COVID-19 pandemic, Noem did not order restrictions that other states had issued and instead declared her state “open for business.” Trump held a fireworks rally at Mount Rushmore in July 2020 in one of the first large gatherings of the pandemic. She takes over a department with a sprawling mission. In addition to key immigration agencies, the Department of Homeland Security oversees natural disaster response, the U.S. Secret Service, and Transportation Security Administration agents who work at airports. The governor of North Dakota, who was once little-known outside his state, Burgum is a former Republican presidential primary contender who endorsed Trump, and spent months traveling to drum up support for him, after dropping out of the race. Burgum was a serious contender to be Trump’s vice presidential choice this summer. The two-term governor was seen as a possible pick because of his executive experience and business savvy. Burgum also has close ties to deep-pocketed energy industry CEOs. Trump made the announcement about Burgum joining his incoming administration while addressing a gala at his Mar-a-Lago club, and said a formal statement would be coming the following day. In comments to reporters before Trump took the stage, Burgum said that, in recent years, the power grid is deteriorating in many parts of the country, which he said could raise national security concerns but also drive up prices enough to increase inflation. “There's just a sense of urgency, and a sense of understanding in the Trump administration,” Burgum said. Robert F. Kennedy Jr. ran for president as a Democrat, than as an independent, and then endorsed Trump . He's the son of Democratic icon Robert Kennedy, who was assassinated during his own presidential campaign. The nomination of Kennedy to lead the Department of Health and Human Services alarmed people who are concerned about his record of spreading unfounded fears about vaccines . For example, he has long advanced the debunked idea that vaccines cause autism. Scott Bessent, 62, is a former George Soros money manager and an advocate for deficit reduction. He's the founder of hedge fund Key Square Capital Management, after having worked on-and-off for Soros Fund Management since 1991. If confirmed by the Senate, he would be the nation’s first openly gay treasury secretary. He told Bloomberg in August that he decided to join Trump’s campaign in part to attack the mounting U.S. national debt. That would include slashing government programs and other spending. “This election cycle is the last chance for the U.S. to grow our way out of this mountain of debt without becoming a sort of European-style socialist democracy,” he said then. Oregon Republican U.S. Rep. Lori Chavez-DeRemer narrowly lost her reelection bid this month, but received strong backing from union members in her district. As a potential labor secretary, she would oversee the Labor Department’s workforce, its budget and put forth priorities that impact workers’ wages, health and safety, ability to unionize, and employer’s rights to fire employers, among other responsibilities. Chavez-DeRemer is one of few House Republicans to endorse the “Protecting the Right to Organize” or PRO Act would allow more workers to conduct organizing campaigns and would add penalties for companies that violate workers’ rights. The act would also weaken “right-to-work” laws that allow employees in more than half the states to avoid participating in or paying dues to unions that represent workers at their places of employment. Scott Turner is a former NFL player and White House aide. He ran the White House Opportunity and Revitalization Council during Trump’s first term in office. Trump, in a statement, credited Turner, the highest-ranking Black person he’s yet selected for his administration, with “helping to lead an Unprecedented Effort that Transformed our Country’s most distressed communities.” Sean Duffy is a former House member from Wisconsin who was one of Trump's most visible defenders on cable news. Duffy served in the House for nearly nine years, sitting on the Financial Services Committee and chairing the subcommittee on insurance and housing. He left Congress in 2019 for a TV career and has been the host of “The Bottom Line” on Fox Business. Before entering politics, Duffy was a reality TV star on MTV, where he met his wife, “Fox and Friends Weekend” co-host Rachel Campos-Duffy. They have nine children. A campaign donor and CEO of Denver-based Liberty Energy, Write is a vocal advocate of oil and gas development, including fracking — a key pillar of Trump’s quest to achieve U.S. “energy dominance” in the global market. Wright also has been one of the industry’s loudest voices against efforts to fight climate change. He said the climate movement around the world is “collapsing under its own weight.” The Energy Department is responsible for advancing energy, environmental and nuclear security of the United States. Wright also won support from influential conservatives, including oil and gas tycoon Harold Hamm. Hamm, executive chairman of Oklahoma-based Continental Resources, a major shale oil company, is a longtime Trump supporter and adviser who played a key role on energy issues in Trump’s first term. President-elect Donald Trump tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump promised to dismantle. McMahon led the Small Business Administration during Trump’s initial term from 2017 to 2019 and twice ran unsuccessfully as a Republican for the U.S. Senate in Connecticut. She’s seen as a relative unknown in education circles, though she expressed support for charter schools and school choice. She served on the Connecticut Board of Education for a year starting in 2009 and has spent years on the board of trustees for Sacred Heart University in Connecticut. Brooke Rollins, who graduated from Texas A&M University with a degree in agricultural development, is a longtime Trump associate who served as White House domestic policy chief during his first presidency. The 52-year-old is president and CEO of the America First Policy Institute, a group helping to lay the groundwork for a second Trump administration. She previously served as an aide to former Texas Gov. Rick Perry and ran a think tank, the Texas Public Policy Foundation. Trump chose Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Trump's plans to raise and enforce tariffs. Trump made the announcement Tuesday on his social media platform, Truth Social. Lutnick is a co-chair of Trump’s transition team, along with Linda McMahon, the former wrestling executive who previously led Trump’s Small Business Administration. Both are tasked with putting forward candidates for key roles in the next administration. The nomination would put Lutnick in charge of a sprawling Cabinet agency that is involved in funding new computer chip factories, imposing trade restrictions, releasing economic data and monitoring the weather. It is also a position in which connections to CEOs and the wider business community are crucial. Doug Collins is a former Republican congressman from Georgia who gained recognition for defending Trump during his first impeachment trial, which centered on U.S. assistance for Ukraine. Trump was impeached for urging Ukraine to investigate Joe Biden in 2019 during the Democratic presidential nomination, but he was acquitted by the Senate. Collins has also served in the armed forces himself and is currently a chaplain in the United States Air Force Reserve Command. "We must take care of our brave men and women in uniform, and Doug will be a great advocate for our Active Duty Servicemembers, Veterans, and Military Families to ensure they have the support they need," Trump said in a statement about nominating Collins to lead the Department of Veterans Affairs. Karoline Leavitt, 27, was Trump's campaign press secretary and currently a spokesperson for his transition. She would be the youngest White House press secretary in history. The White House press secretary typically serves as the public face of the administration and historically has held daily briefings for the press corps. Leavitt, a New Hampshire native, was a spokesperson for MAGA Inc., a super PAC supporting Trump, before joining his 2024 campaign. In 2022, she ran for Congress in New Hampshire, winning a 10-way Republican primary before losing to Democratic Rep. Chris Pappas. Leavitt worked in the White House press office during Trump's first term before she became communications director for New York Republican Rep. Elise Stefanik, Trump's choice for U.S. ambassador to the United Nations. Former Hawaii Rep. Tulsi Gabbard has been tapped by Trump to be director of national intelligence, keeping with the trend to stock his Cabinet with loyal personalities rather than veteran professionals in their requisite fields. Gabbard, 43, was a Democratic House member who unsuccessfully sought the party's 2020 presidential nomination before leaving the party in 2022. She endorsed Trump in August and campaigned often with him this fall. “I know Tulsi will bring the fearless spirit that has defined her illustrious career to our Intelligence Community,” Trump said in a statement. Gabbard, who has served in the Army National Guard for more than two decades, deploying to Iraq and Kuwait, would come to the role as somewhat of an outsider compared to her predecessor. The current director, Avril Haines, was confirmed by the Senate in 2021 following several years in a number of top national security and intelligence positions. Trump has picked John Ratcliffe, a former Texas congressman who served as director of national intelligence during his first administration, to be director of the Central Intelligence Agency in his next. Ratcliffe was director of national intelligence during the final year and a half of Trump's first term, leading the U.S. government's spy agencies during the coronavirus pandemic. “I look forward to John being the first person ever to serve in both of our Nation's highest Intelligence positions,” Trump said in a statement, calling him a “fearless fighter for the Constitutional Rights of all Americans” who would ensure “the Highest Levels of National Security, and PEACE THROUGH STRENGTH.” Trump has chosen former New York Rep. Lee Zeldin to serve as his pick to lead the Environmental Protection Agency . Zeldin does not appear to have any experience in environmental issues, but is a longtime supporter of the former president. The 44-year-old former U.S. House member from New York wrote on X , “We will restore US energy dominance, revitalize our auto industry to bring back American jobs, and make the US the global leader of AI.” “We will do so while protecting access to clean air and water,” he added. During his campaign, Trump often attacked the Biden administration's promotion of electric vehicles, and incorrectly referring to a tax credit for EV purchases as a government mandate. Trump also often told his audiences during the campaign his administration would “Drill, baby, drill,” referring to his support for expanded petroleum exploration. In a statement, Trump said Zeldin “will ensure fair and swift deregulatory decisions that will be enacted in a way to unleash the power of American businesses, while at the same time maintaining the highest environmental standards, including the cleanest air and water on the planet.” Trump has named Brendan Carr, the senior Republican on the Federal Communications Commission, as the new chairman of the agency tasked with regulating broadcasting, telecommunications and broadband. Carr is a longtime member of the commission and served previously as the FCC’s general counsel. He has been unanimously confirmed by the Senate three times and was nominated by both Trump and President Joe Biden to the commission. Carr made past appearances on “Fox News Channel," including when he decried Democratic Vice President Kamala Harris' pre-Election Day appearance on “Saturday Night Live.” He wrote an op-ed last month defending a satellite company owned by Trump supporter Elon Musk. Rep. Elise Stefanik is a representative from New York and one of Trump's staunchest defenders going back to his first impeachment. Elected to the House in 2014, Stefanik was selected by her GOP House colleagues as House Republican Conference chair in 2021, when former Wyoming Rep. Liz Cheney was removed from the post after publicly criticizing Trump for falsely claiming he won the 2020 election. Stefanik, 40, has served in that role ever since as the third-ranking member of House leadership. Stefanik’s questioning of university presidents over antisemitism on their campuses helped lead to two of those presidents resigning, further raising her national profile. If confirmed, she would represent American interests at the U.N. as Trump vows to end the war waged by Russia against Ukraine begun in 2022. He has also called for peace as Israel continues its offensive against Hamas in Gaza and its invasion of Lebanon to target Hezbollah. President-elect Donald Trump says he's chosen former acting Attorney General Matt Whitaker to serve as U.S. ambassador to NATO. Trump has expressed skepticism about the Western military alliance for years. Trump said in a statement Wednesday that Whitaker is “a strong warrior and loyal Patriot” who “will ensure the United States’ interests are advanced and defended” and “strengthen relationships with our NATO Allies, and stand firm in the face of threats to Peace and Stability.” The choice of Whitaker as the nation’s representative to the North Atlantic Treaty Organization is an unusual one, given his background is as a lawyer and not in foreign policy. A Republican congressman from Michigan who served from 1993 to 2011, Hoekstra was ambassador to the Netherlands during Trump's first term. “In my Second Term, Pete will help me once again put AMERICA FIRST,” Trump said in a statement announcing his choice. “He did an outstanding job as United States Ambassador to the Netherlands during our first four years, and I am confident that he will continue to represent our Country well in this new role.” Trump will nominate former Arkansas Gov. Mike Huckabee to be ambassador to Israel. Huckabee is a staunch defender of Israel and his intended nomination comes as Trump has promised to align U.S. foreign policy more closely with Israel's interests as it wages wars against the Iran-backed Hamas and Hezbollah. “He loves Israel, and likewise the people of Israel love him,” Trump said in a statement. “Mike will work tirelessly to bring about peace in the Middle East.” Huckabee, who ran unsuccessfully for the Republican presidential nomination in 2008 and 2016, has been a popular figure among evangelical Christian conservatives, many of whom support Israel due to Old Testament writings that Jews are God’s chosen people and that Israel is their rightful homeland. Trump has been praised by some in this important Republican voting bloc for moving the U.S. embassy in Israel from Tel Aviv to Jerusalem. Trump on Tuesday named real estate investor Steven Witkoff to be special envoy to the Middle East. The 67-year-old Witkoff is the president-elect's golf partner and was golfing with him at Trump's club in West Palm Beach, Florida, on Sept. 15, when the former president was the target of a second attempted assassination. Witkoff “is a Highly Respected Leader in Business and Philanthropy,” Trump said of Witkoff in a statement. “Steve will be an unrelenting Voice for PEACE, and make us all proud." Trump also named Witkoff co-chair, with former Georgia Sen. Kelly Loeffler, of his inaugural committee. Trump said Wednesday that he will nominate Gen. Keith Kellogg to serve as assistant to the president and special envoy for Ukraine and Russia. Kellogg, a retired Army lieutenant general who has long been Trump’s top adviser on defense issues, served as National Security Advisor to Trump's former Vice President Mike Pence. For the America First Policy Institute, one of several groups formed after Trump left office to help lay the groundwork for the next Republican administration, Kellogg in April wrote that “bringing the Russia-Ukraine war to a close will require strong, America First leadership to deliver a peace deal and immediately end the hostilities between the two warring parties.” (AP Photo/Mariam Zuhaib) Trump asked Rep. Michael Waltz, R-Fla., a retired Army National Guard officer and war veteran, to be his national security adviser, Trump announced in a statement Tuesday. The move puts Waltz in the middle of national security crises, ranging from efforts to provide weapons to Ukraine and worries about the growing alliance between Russia and North Korea to the persistent attacks in the Middle East by Iran proxies and the push for a cease-fire between Israel and Hamas and Hezbollah. “Mike has been a strong champion of my America First Foreign Policy agenda,” Trump's statement said, "and will be a tremendous champion of our pursuit of Peace through Strength!” Waltz is a three-term GOP congressman from east-central Florida. He served multiple tours in Afghanistan and also worked in the Pentagon as a policy adviser when Donald Rumsfeld and Robert Gates were defense chiefs. He is considered hawkish on China, and called for a U.S. boycott of the 2022 Winter Olympics in Beijing due to its involvement in the origin of COVID-19 and its mistreatment of the minority Muslim Uighur population. Stephen Miller, an immigration hardliner , was a vocal spokesperson during the presidential campaign for Trump's priority of mass deportations. The 39-year-old was a senior adviser during Trump's first administration. Miller has been a central figure in some of Trump's policy decisions, notably his move to separate thousands of immigrant families. Trump argued throughout the campaign that the nation's economic, national security and social priorities could be met by deporting people who are in the United States illegally. Since Trump left office in 2021, Miller has served as the president of America First Legal, an organization made up of former Trump advisers aimed at challenging the Biden administration, media companies, universities and others over issues such as free speech and national security. Thomas Homan, 62, has been tasked with Trump’s top priority of carrying out the largest deportation operation in the nation’s history. Homan, who served under Trump in his first administration leading U.S. Immigration and Customs Enforcement, was widely expected to be offered a position related to the border, an issue Trump made central to his campaign. Though Homan has insisted such a massive undertaking would be humane, he has long been a loyal supporter of Trump's policy proposals, suggesting at a July conference in Washington that he would be willing to "run the biggest deportation operation this country’s ever seen.” Democrats have criticized Homan for his defending Trump's “zero tolerance” policy on border crossings during his first administration, which led to the separation of thousands of parents and children seeking asylum at the border. Dr. Mehmet Oz, 64, is a former heart surgeon who hosted “The Dr. Oz Show,” a long-running daytime television talk show. He ran unsuccessfully for the U.S. Senate as the Republican nominee in 2022 and is an outspoken supporter of Trump, who endorsed Oz's bid for elected office. Elon Musk, left, and Vivek Ramaswamy speak before Republican presidential nominee former President Donald Trump at an Oct. 27 campaign rally at Madison Square Garden in New York. Trump on Tuesday said Musk and former Republican presidential candidate Ramaswamy will lead a new “Department of Government Efficiency" — which is not, despite the name, a government agency. The acronym “DOGE” is a nod to Musk's favorite cryptocurrency, dogecoin. Trump said Musk and Ramaswamy will work from outside the government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.” He added the move would shock government systems. It's not clear how the organization will operate. Musk, owner of X and CEO of Tesla and SpaceX, has been a constant presence at Mar-a-Lago since Trump won the presidential election. Ramaswamy suspended his campaign in January and threw his support behind Trump. Trump said the two will “pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.” Russell Vought held the position during Trump’s first presidency. After Trump’s initial term ended, Vought founded the Center for Renewing America, a think tank that describes its mission as “renew a consensus of America as a nation under God.” Vought was closely involved with Project 2025, a conservative blueprint for Trump’s second term that he tried to distance himself from during the campaign. Vought has also previously worked as the executive and budget director for the Republican Study Committee, a caucus for conservative House Republicans. He also worked at Heritage Action, the political group tied to The Heritage Foundation, a conservative think tank. Dan Scavino, deputy chief of staff Scavino, whom Trump's transition referred to in a statement as one of “Trump's longest serving and most trusted aides,” was a senior adviser to Trump's 2024 campaign, as well as his 2016 and 2020 campaigns. He will be deputy chief of staff and assistant to the president. Scavino had run Trump's social media profile in the White House during his first administration. He was also held in contempt of Congress in 2022 after a month-long refusal to comply with a subpoena from the House committee’s investigation into the Jan. 6, 2021, attack on the U.S. Capitol. James Blair, deputy chief of staff Blair was political director for Trump's 2024 campaign and for the Republican National Committee. He will be deputy chief of staff for legislative, political and public affairs and assistant to the president. Blair was key to Trump's economic messaging during his winning White House comeback campaign this year, a driving force behind the candidate's “Trump can fix it” slogan and his query to audiences this fall if they were better off than four years ago. Taylor Budowich, deputy chief of staff Budowich is a veteran Trump campaign aide who launched and directed Make America Great Again, Inc., a super PAC that supported Trump's 2024 campaign. He will be deputy chief of staff for communications and personnel and assistant to the president. Budowich also had served as a spokesman for Trump after his presidency. William McGinley, White House counsel McGinley was White House Cabinet secretary during Trump's first administration, and was outside legal counsel for the Republican National Committee's election integrity effort during the 2024 campaign. In a statement, Trump called McGinley “a smart and tenacious lawyer who will help me advance our America First agenda, while fighting for election integrity and against the weaponization of law enforcement.” Jay Bhattacharya, National Institutes of Health Trump has chosen Dr. Jay Bhattacharya to lead the National Institutes of Health. Bhattacharya is a physician and professor at Stanford University School of Medicine, and is a critic of pandemic lockdowns and vaccine mandates. He promoted the idea of herd immunity during the pandemic, arguing that people at low risk should live normally while building up immunity to COVID-19 through infection. The National Institutes of Health funds medical research through competitive grants to researchers at institutions throughout the nation. NIH also conducts its own research with thousands of scientists working at its labs in Bethesda, Maryland. Jamieson Greer, U.S. trade representative Kevin Hassett, Director of the White House National Economic Council Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team. He announced he has chosen international trade attorney Jamieson Greer to be his U.S. trade representative and Kevin Hassett as director of the White House National Economic Council. While Trump has in several cases nominated outsiders to key posts, these picks reflect a recognition that his reputation will likely hinge on restoring the public’s confidence in the economy. Trump said in a statement that Greer was instrumental in his first term in imposing tariffs on China and others and replacing the trade agreement with Canada and Mexico, “therefore making it much better for American Workers.” Hassett, 62, served in the first Trump term as chairman of the Council of Economic Advisers. He has a doctorate from the University of Pennsylvania and worked at the right-leaning American Enterprise Institute before joining the Trump White House in 2017. Get Government & Politics updates in your inbox! Stay up-to-date on the latest in local and national government and political topics with our newsletter.
Republicans rally around Hegseth, Trump's Pentagon pick, as Gaetz withdraws for attorney generalRestoration Center to open in Lowell
Sempra Named Among Newsweek's 'Most Responsible Companies'
Fans are questioning Nicole Kidman’s claim that a well-known meme of the actress seemingly celebrating her divorce from Tom Cruise was taken out of context . Kidman, 57, recently addressed the famous photo while speaking to British GQ , telling the magazine she was not celebrating her 2001 split from Cruise, 62, but rather filming a scene for an unnamed movie. “That was from a film, that wasn’t real life,” she insisted. “I know that image!” The picture was believed to have been taken in 2001 while the Oscar winner was leaving her lawyer’s office after settling her divorce from her “Eyes Wide Shut” co-star . In it, she strutted down a sunny sidewalk with her eyes closed and her arms raised in relief. However, Kidman said the widely believed scenario was “not true.” While the “Babygirl” star denied it had anything to do with Cruise, she notably did not specify which movie she was referring to, leading social media sleuths to do some digging of their own. However, most fans did not find any evidence of Kidman wearing a similar outfit — a sheer patterned top and green capris — in any of her films. “ok I just did a deep dive on this and not only does she not specify which movie it was, none of her legions of fans even have a hypothesis as to which movie it could have been. so I feel comfortable concluding that she’s lying and it really is a post-divorce paparazzi shot,” one X user wrote Monday in a post that has garnered more than 1 million views. “I can’t remember a movie where she went totally barefaced AND wigless?” another replied, to which a third added, “Also what movie would call for her to be dressed in those sneakers with that outfit??” “I looked it up too and gave up cause none of the movies she’s in during 2001 even match this vibe 😭,” a fourth chimed in. However, others defended Kidman, arguing that it could have been from a “scene that was cut.” “It’s gotta be a lie, but I do enjoy the idea (as the only possible alternative I can think of) that the photos are from unused footage from when she was supposed to do In the Cut lol,” one user wrote, referencing the star’s 2003 psychological thriller. “Y’all are weird there are plenty of movies that people try to get made that never see the light of day,” someone else posted. Kidman’s reps did not immediately respond to Page Six’s request for comment. Kidman wed Cruise in 1990, and they separated 11 years later. During their marriage, the couple adopted two kids : daughter Isabella, now 31, and son Connor, now 29 , both of whom have followed in their famous father’s footsteps and joined the Church of Scientology . The “Perfect Couple” star rarely talks about her adult children or her marriage to the “Top Gun” star. Kidman moved on with Keith Urban in 2005, and they wed the following year. She and the country singer, 57, have two daughters: Sunday, 16, and Faith, 13.Marler to retire from rugby on Friday, a month after quitting international duty with England
NEW YORK — U.S. stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what’s already been a stellar year so far. The S&P 500 edged up by 2 points, or less than 0.1%, to set an all-time high for the 55th time this year. It’s climbed in 10 of the last 11 days and is on track for one of its best years since the turn of the millennium. The Dow Jones Industrial Average slipped 76 points, or 0.2%, while the Nasdaq composite added 0.4% to its own record set a day earlier. AT&T rose 4.6% after it boosted its profit forecast for the year. It also announced a $10 billion plan to send cash to its investors by buying back its own stock, while saying it expects to authorize another $10 billion of repurchases in 2027. On the losing end of Wall Street was U.S. Steel, which fell 8%. President-elect Donald Trump reiterated on social media that he would not let Japan’s Nippon Steel take over the iconic Pennsylvania steelmaker. Nippon Steel announced plans last December to buy the Pittsburgh-based steel producer for $14.1 billion in cash, raising concerns about what the transaction could mean for unionized workers, supply chains and U.S. national security. Earlier this year, President Joe Biden also came out against the acquisition. Tesla sank 1.6% after a judge in Delaware reaffirmed a previous ruling that the electric car maker must revoke Elon Musk’s multibillion-dollar pay package. The judge denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. All told, the S&P 500 rose 2.73 points to 6,049.88. The Dow fell 76.47 to 44,705.53, and the Nasdaq composite gained 76.96 to 19,480.91. In the bond market, Treasury yields held relatively steady after a report showed U.S. employers were advertising slightly more job openings at the end of October than a month earlier. Continued strength there would raise optimism that the economy could remain out of a recession that many investors had earlier worried was inevitable. The yield on the 10-year Treasury rose to 4.23% from 4.20% from late Monday. Yields have seesawed since Election Day amid worries that Trump’s preferences for lower tax rates and bigger tariffs could spur higher inflation along with economic growth. But traders are still confident the Federal Reserve will cut its main interest rate again at its next meeting in two weeks. They’re betting on a nearly three-in-four chance of that, according to data from CME Group. Lower rates can give the economy more juice, but they can also give inflation more fuel. The key report this week that could guide the Fed’s next move will arrive on Friday. It’s the monthly jobs report, which will show how many workers U.S. employers hired and fired during November. It could be difficult to parse given how much storms and strikes distorted figures in October. Based on trading in the options market, Friday’s jobs report appears to be the biggest potential market mover until the Fed announces its next decision on interest rates Dec. 18, according to strategists at Barclays Capital. In financial markets abroad, the value of South Korea’s currency fell 1.1% against the U.S. dollar following a frenetic night where President Yoon Suk Yeol declared martial law and then later said he’d lift it after lawmakers voted to reject military rule. Stocks of Korean companies that trade in the United States also fell, including a 1.6% drop for SK Telecom. Japan’s Nikkei 225 jumped 1.9% to help lead global markets. Some analysts think Japanese stocks could end up benefiting from Trump’s threats to raise tariffs, including for goods coming from China. Trade relations between the U.S. and China took another step backward after China said it is banning exports to the U.S. of gallium, germanium, antimony and other key high-tech materials with potential military applications. The counterpunch came swiftly after the U.S. Commerce Department expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips, chipmaking tools and software. The 140 companies newly included in the so-called “entity list” are nearly all based in China. In China, stock indexes rose 1% in Hong Kong and 0.4% in Shanghai amid unconfirmed reports that Chinese leaders would meet next week to discuss planning for the coming year. Investors are hoping it may bring fresh stimulus to help spur growth in the world’s second-largest economy. In France, the CAC 40 rose 0.3% amid continued worries about politics in Paris, where the government is battling over the budget.
LA PAZ, Bolivia — Bolivia's highest court on Wednesday approved the extradition to the United States of a former anti-narcotics chief on charges of conspiring to smuggle cocaine into the U.S., a rare ruling against a top security official in the Andean nation whose relations with Washington have been strained for decades. The decision, which cannot be appealed, caps the rapid downfall of Maximiliano Dávila, 59, Bolivia's top drug cop in 2019 under former leftist President Evo Morales, the first Indigenous president of Bolivia who became a global anti-imperialist icon for kicking out the U.S. ambassador and Drug Enforcement Administration in 2008. A former police colonel, Dávila was indicted in 2022 in New York on federal charges of conspiring to import cocaine to the U.S. and possessing machine guns. The indictment accused Dávila of leveraging his position to provide top-level protection to cargo planes transporting cocaine through third countries for distribution in the U.S. The Justice and State Departments also offered a reward of up to $5 million for information leading to his conviction. Dávila official has denied the charges. Bolivia’s Supreme Court of Justice announced it was granting a formal U.S. request for Dávila to be extradited on drug conspiracy charges. The U.S. State Department and Department of Justice did not publicly comment on the announcement. Get the latest breaking news as it happens. By clicking Sign up, you agree to our privacy policy . “After reviewing the documentation and the corresponding evidence, it has been determined to proceed immediately with Dávila’s extradition,” said Marco Jaimes, the court's president. Inside Bolivia, Dávila is facing money laundering charges. Bolivian authorities arrested him in 2022 as he was allegedly fleeing to Argentina, hauling him to jail in the capital of La Paz where he now remains. Dávila led the anti-narcotics agency in Bolivia for the final nine months of Morales’ 14-year presidency, which ended abruptly in November 2019. The powerful former coca farmer resigned as street protests erupted after the announcement that he had won re-election to an unprecedented fourth term. The interim government of Jeanine Áñez, which took power following Morales' ouster, sacked Dávila. But he returned in 2020 under the government of President Luis Arce, Morales' former economy minister. Dávila served for a year as police commander in Bolivia's central region of Cochabamba, a key hub of the country's coca-leaf production. An extradition treaty between Bolivia and the U.S. has been in force since 1995, despite decades of uneasy relations marked by America’s “war on drugs” and Morales' fierce opposition as a young union leader to U.S. forcible coca eradication policies. After Morales expelled the U.S. ambassador in 2008, the Bush administration did the same and nothing has changed since. This is the second time in Bolivian history that authorities have approved the extradition to the U.S. of a senior security officer, said Saul Lara, an opposition lawmaker and ex-foreign minister. The first was in 1995, when Col. Faustino Rico Toro, a former interior minister and anti-drug chief close to brutal Bolivian dictator Luis Garcia Meza, was handed over to U.S. authorities in Miami on cocaine trafficking charges. From Bolivia, lawyers for Dávila vowed to challenge the extradition. “This is a serious violation of human rights,” said defense attorney Manolo Rojas, promising that he would raise the case with the Inter-American Commission on Human Rights, an organ of the Organization of American States, of which the U.S. is a founding member. Bolivia's court decision comes as a fierce rivalry escalates between current President Arce and former President Morales, tearing apart the ruling Movement Toward Socialism party ahead of 2025 elections. Although Morales insists he has nothing to do with Dávila, Arce's supporters have sought to portray Wednesday's ruling against his former minister as a blow to the political career of the ex-president who seeks to run in the presidential elections next year despite a court ban. “In the United States, the former anti-drug czar will surely be able to reveal who his accomplices are. Perhaps it is Evo,” said Senator Virginia Velasco, referring to Morales without elaborating.Judge hears closing arguments on whether Google's advertising tech constitutes a monopoly ALEXANDRIA, Va. (AP) — The Justice Department and Google have made their closing arguments in a trial alleging Google’s online advertising technology constitutes an illegal monopoly. The arguments in federal court Monday in northern Virginia came as Google already faces a possible breakup of the company over its ubiquitous search engine. The Justice Department says it will seek the breakup of Google to remedy its search engine monopoly. The case in Virginia focuses not on the search engine but on technology that matches online advertisers to consumers on the internet. A judge is expected to rule by the end of the year. ‘Busiest Thanksgiving ever’: How the TSA plans to handle record air travel DALLAS (AP) — The Thanksgiving travel rush is expected to be bigger than ever this year. AAA predicts that nearly 80 million people in the U.S. will venture at least 50 miles from home between Tuesday and next Monday — most of them by car. Thanksgiving Day falling so late this year has altered traditional travel patterns. At airports, the Transportation Security Administration says it could screen a record number of U.S. air travelers on Sunday. Meanwhile, the head of the Federal Aviation Administration says a shortage of air traffic controllers could cause flight delays. Transportation analytics company INRIX says roads could be congested on Monday with both commuters and returning holiday travelers. Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million accounting-related issue. The company did provide some preliminary results for its third quarter, including that net sales fell 2.4% to $4.74 billion. It anticipates reporting its full third-quarter financial results by Dec. 11. Newsom says California could offer electric vehicle rebates if Trump eliminates federal tax credit SACRAMENTO, Calif. (AP) — California could offer state tax rebates for electric vehicle purchases if the incoming Trump administration eliminates the $7,500 federal EV tax credit. Gov. Gavin Newsom says Monday he'll propose creating a new version of the state’s successful Clean Vehicle Rebate Program, which was phased out in 2023 after funding nearly 600,000 new cars and trucks. Officials didn’t say how much the program would cost or how the rebates would work. Newsom’s proposal is part of his plan to protect California’s progressive policies ahead of Republican President-elect Donald Trump’s second term. But a budget shortfall could complicate California’s resistance efforts. Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death OMAHA, Neb. (AP) — Investor Warren Buffett renewed his Thanksgiving tradition of giving by announcing plans Monday to hand more than $1.1 billion of Berkshire Hathaway stock to four of his family's foundations, and he offered new details about who will be handing out the rest of his fortune after his death. Buffett has said previously that his three kids will distribute his remaining $147.4 billion fortune in the 10 years after his death, but now he has also designated successors for them because it’s possible that Buffett’s children could die before giving it all away. Buffett said he has no regrets about his decision to start giving away his fortune in 2006. Stock market today: Dow hits another record as stocks rise NEW YORK (AP) — U.S. stocks rose, with those benefiting the most from lower interest rates and a stronger economy leading the way. The S&P 500 climbed 0.3% Monday to pull closer to its record set two weeks ago. The Dow Jones Industrial Average added 440 points to its own record set on Friday, while the Nasdaq composite rose 0.3%. They got a boost from easing Treasury yields after President-elect Donald Trump said he wants hedge-fund manager Scott Bessent to be his Treasury Secretary. Smaller companies can feel a big boost from easier borrowing costs, and the Russell 2000 index of small stocks finished just shy of its record. Workers at Charlotte airport, an American Airlines hub, go on strike during Thanksgiving travel week CHARLOTTE, N.C. (AP) — American Airlines says it doesn’t expect significant disruptions to flights this week as a result of a labor strike at its hub in Charlotte, North Carolina. Service workers there walked out Monday during a busy week of Thanksgiving travel to protest what they say are unlivable wages. Employees of ABM and Prospect Airport Services authorized the work stoppage. Union spokesperson Sean Keady says the strike is expected to last 24 hours. The companies contract with American Airlines to provide services such as cleaning airplane interiors, removing trash and escorting passengers in wheelchairs. The companies have acknowledged the seriousness of a strike during the holiday travel season. At the crossroads of news and opinion, 'Morning Joe' hosts grapple with aftermath of Trump meeting The reaction of those who defended “Morning Joe” hosts Joe Scarborough and Mika Brzezinski for meeting with President-elect Trump sounds almost quaint in the days of opinionated journalism. Doesn't it makes sense, they said, for hosts of a political news show to meet with such an important figure? But given how “Morning Joe” has attacked Trump, its viewers felt insulted. Many reacted quickly by staying away. It all reflects the broader trend of opinion crowding out traditional journalist in today's marketplace, and the expectations that creates among consumers. By mid-week, the show's audience was less than two-thirds what it has typically been this year. Eggs are available -- but pricier -- as the holiday baking season begins Egg prices are on the rise again as a lingering outbreak of bird flu coincides with high demand during the holiday baking season. The average price for a dozen eggs in U.S. cities was $3.37 in October, according to the Bureau of Labor Statistics. That was up 63% from October 2023, when a dozen eggs cost an average of $2.07. Avian influenza is the main culprit. The current bird flu outbreak that began in February 2022 has led to the slaughter of more than 111 million birds, mostly egg-laying chickens. But the American Egg Board says egg shortages at grocery stores have been isolated and temporary so far. ‘Buy now, pay later’ is more popular than ever. It can cost more than you think NEW YORK (AP) — More shoppers are using ‘buy now, pay later’ plans heading into Black Friday and the holiday season, as the ability to spread out payments looks attractive at a time when Americans still feel the lingering effect of inflation and already have record-high credit card debt. Experts say the short-term loans can lead consumers to overextend themselves and warn that those who use credit cards for the service face higher interest expenses. The data firm Adobe Analytics predicts shoppers will spend 11.4% more this holiday season using buy now, pay later than they did a year ago.Is Enron back? If it’s a joke, some former employees aren’t laughing
Ruud van Nistelrooy makes history at Leicester after being sacked by Man UtdBy JUAN A. LOZANO, Associated Press HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company’s collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered $60 billion in Enron stock worthless. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were eventually convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release that it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video that was full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” Related Articles Enron’s new website features a company store, where various items featuring the brand’s tilted “E” logo are for sale, including a $118 hoodie. In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but that “We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company’s website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show that College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory that claims all birds are actually surveillance drones for the government. Peters said that since learning about the “relaunch” of Enron, she has spoken with several other former employees and they are also upset by it. She said the apparent stunt was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, who is 74 years old, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. Follow Juan A. Lozano on X at https://x.com/juanlozano70