House Republicans Release Short-Term Bill to Avoid Government Shutdown
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
House Republicans Release Short-Term Bill to Avoid Government Shutdown
House Republicans Release Short-Term Bill , to Avoid Government Shutdown.
The bill was released after House Republicans reached a tentative agreement on Sept.
17.
The deal would keep the government
funded until Oct.
31.
It would also reduce
domestic spending by 8%.
However, the bill also includes
immigration provisions and leaves out
aid for Ukraine or other disasters.
However, the bill also includes
immigration provisions and leaves out
aid for Ukraine or other disasters.
Because of this, it's not expected to pass the Senate if it is approved by the House, CNBC reports.
.
Rep.
Rosa DeLauro called the bill "extreme." .
Rather than "working on bipartisan solution[s]
that could be enacted,".
DeLauro accused House Republicans of attempting to
"cut funding to the National Institutes of Health including funding for cancer research, defund the police, and decrease resources to important allies like Ukraine and Israel.".
Key Federal Reserve Inflation Gauge , Rose 2.8% in March.
According to Commerce Department
data released on April 26.
the personal consumption expenditures
(PCE) price index, not including food or energy, rose 2.8% year-over-year in March. .
That exceeded Dow Jones
estimates of 2.7%, CNBC reports. .
When also accounting for food and energy, the all-items PCE measure rose 2.7%,
which was above the 2.6% estimate.
Inflation reports released this morning
were not as a hot as feared, , George Mateyo, chief investment officer at Key Wealth, via CNBC.
... but investors should not get
overly anchored to the idea that
inflation has been completely
cured and the Fed will be cutting
interest rates in the near-term, George Mateyo, chief investment officer at Key Wealth, via CNBC.
The prospects of rate cuts remain,
but they are not assured, and the
Fed will likely need weakness in
the labor market before they
have the confidence to cut, George Mateyo, chief investment officer at Key Wealth, via CNBC.
Consumers continue to spend despite
higher prices, CNBC reports.
Personal spending increased 0.8% in March, while personal income rose 0.5%.
The personal saving rate dropped to 3.2% as more people are having to dip into their savings to cover the cost of living.
The Fed continues to target 2% inflation, which the core PCE has exceeded for
the last three years, CNBC reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
Netflix Exceeds Earnings Estimates , As Subscribers Increase.
Netflix Exceeds Earnings Estimates , As Subscribers Increase.
Netflix released a Q1 earnings report on April 18, indicating that its number of subscribers jumped 16% year-over-year to reach 269.6 million.
Analysts only expected the streamer to have about 264.2 million subscribers, CNBC reports. .
The company also brought in $9.37 billion in revenue versus analysts' expectations of $9.28 billion. .
However, Netflix said that its membership numbers are no longer the main factor contributing to the company's growth.
As a result, the company will stop providing "quarterly membership numbers or average revenue per user" beginning in 2025, CNBC reports. .
Instead, it will divulge "major subscriber milestones as we cross them.".
Price hikes, terminating password sharing
and offering an ad-supported tier are all tactics that have boosted revenue.
Netflix is also seeking to gain traction within the video game space and recently partnered with TKO Group Holdings to offer WWE on the platform.
Weâre in the very early days of
developing our live programming and
I would look at this as an expansion of
the types of content we offer, the way
we expanded to film and unscripted and
animation and most recently games, Ted Sarandos, co-CEO of Netflix, via earnings call.
We believe that these kind of event cultural
moments like the Jake Paul and Mike Tyson
fight are just that kind of television, and we
want to be part of winning over those
moments with our members as well, so that
for me is the excitement part of this, Ted Sarandos, co-CEO of Netflix, via earnings call.
As of the morning of April 18,
Netflix's stock was up 27%
Credit: Wibbitz Top Stories Duration: 01:30Published
Google Fires Employees , for Protesting Israel Contract.
28 Google workers have been fired for protesting
a $1.2 billion contract that the company has with
the Israeli government and military to provide
cloud and AI services, NBC News reports. .
The firings follow an April 16 sit-in at
Google's offices in California, New York and Seattle in which nine workers were arrested.
The group that coordinated the demonstration
is known as No Tech for Apartheid. .
Google issued a statement about the recent firings.
A small number of employee
protesters entered and disrupted
a few of our locations. , Google spokesperson, via statement.
Physically impeding other employeesâ
work and preventing them from
accessing our facilities is a clear
violation of our policies, and
completely unacceptable behavior. , Google spokesperson, via statement.
We have so far concluded
individual investigations that
resulted in the termination of
employment for 28 employees,
and will continue to investigate
and take action as needed, Google spokesperson, via statement.
No Tech for Apartheid claims that the
workers were fired "indiscriminately.".
This excuse to avoid confronting
us and our concerns directly,
and attempt to justify its illegal,
retaliatory firings, is a lie, No Tech for Apartheid, via statement.
Meanwhile, many of Google's workers have
reportedly quit after experiencing "mental health consequences of working at a company that is using their labor to enable a genocide," No Tech for Apartheid said.
On a personal level, I am opposed
to Google taking any military
contracts â no matter which
government theyâre with or what
exactly the contract is about. , Cheyne Anderson, a Google Cloud software engineer based
in Washington who was arrested during a sit-in, to CNBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Amazon Cuts Hundreds , of Cloud Computing Jobs.
An Amazon Web Services (AWS)
spokesperson issued a statement about
the job cuts on April 3, CNBC reports. .
Weâve identified a few targeted areas of
the organization we need to streamline
in order to continue focusing our efforts
on the key strategic areas that we
believe will deliver maximum impact, AWS spokesperson, via statement.
We didnât make these decisions
lightly, and weâre committed
to supporting the employees
throughout their transition to new
roles in and outside of Amazon, AWS spokesperson, via statement.
Cuts are being made to the store technology division âas a result of a broader strategic shift in the use of some applications in Amazonâs owned as well as in third-party stores,â the spokesperson said.
The layoffs come after Amazon announced that it was ending its Just Walk Out technology in Fresh stores.
The cashierless technology is overseen
by teams within the AWS unit. .
Beginning in 2022, Amazon started
its largest layoffs in history by letting
go of 27,000 roles company-wide. .
So far in 2024, the retail behemoth has cut jobs at Audible, Buy with Prime, Prime Video, MGM Studios and Twitch, CNBC reports. .
This latest round of cuts will
allow U.S. employees to collect pay
and benefits for a minimum of 60 days.
They will also be offered a severance package.
Credit: Wibbitz Top Stories Duration: 01:30Published
UPS to Become US Postal Serviceâs , Main Air Cargo Provider.
On April 1, United Parcel Service announced
that it will replace FedEx as the primary air
cargo provider for the USPS, CNBC reports. .
On April 1, United Parcel Service announced
that it will replace FedEx as the primary air
cargo provider for the USPS, CNBC reports. .
FedEx is walking away from a
22-year partnership after failing to
secure a better contract with the agency. .
FedEx is walking away from a
22-year partnership after failing to
secure a better contract with the agency. .
In fiscal year 2023, USPS paid FedEx $1.73 billion
for its services, down from the $2.4 billion
FedEx received in fiscal year 2020.
The decrease in payments was partially due
to the postal service using more economical
trucks in place of planes, CNBC reports. .
The parties were unable to reach
agreement on mutually beneficial
terms to extend the contract, FedEx, via securities filing.
Since FedEx will lose nearly $2 billion in annual
business from letting go of the contract, .
hundreds of pilots will likely
lose their jobs, CNBC reports .
Following the announcement, UPS shares
increased 1.4% while FedEx stock dropped 1.6%.
FedEx's current contract is
set to expire on Sept. 29
Credit: Wibbitz Top Stories Duration: 01:30Published
Senate Passes $95 Billion , Foreign Aid Package.
On April 23, the U.S. Senate voted
79-18 to approve foreign aid for Ukraine,
Israel and Taiwan, 'The Guardian' reports. .
Today the Senate sends a unified
message to the entire world:
America will always defend
democracy in its hour of need, Senate Majority Leader Chuck Schumer, via statement.
Make no mistake, America will deliver
on its promise to act like a leader on the
world stage, to hold the line against
autocratic thugs like Vladimir Putin. , Senate Majority Leader Chuck Schumer, via statement.
The package includes $60.8 billion for Ukraine,
$26.3 billion for Israel and $8.1 billion for Taiwan.
The package includes $60.8 billion for Ukraine,
$26.3 billion for Israel and $8.1 billion for Taiwan.
The package includes $60.8 billion for Ukraine,
$26.3 billion for Israel and $8.1 billion for Taiwan.
A provision to ban TikTok
after the election if ByteDance refuses
to sell the platform is also included.
The legislation will now head to President Biden, who told Ukrainian President Volodymyr Zelensky on
April 23 that he will "move quickly" to provide aid.
Senate Majority Leader Chuck Schumer praised House Speaker Mike Johnson, .
Senate Majority Leader Chuck Schumer praised House Speaker Mike Johnson, .
with whom he worked "hand in hand and shoulder to shoulder to get this bill done.".
A lot of people inside and
outside the Congress wanted this
package to fail. But today those in
Congress who stand on the side of
democracy are winning the day, Senate Majority Leader Chuck Schumer, via statement.
Senate Republican Leader Mitch McConnell also issued a statement.
Todayâs action is overdue, but our work
does not end here. Trust in American
resolve is not rebuilt overnight. Expanding
and restocking the arsenal of democracy
doesnât just happen by magic, Senate Majority Republican Leader Mitch McConnell, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
The Senate passed a bill compelling ByteDance to sell TikTok in the US within a year or face a ban, garnering strong bipartisan support. TikTok vows to contest it in court, citing First Amendment violations. Concerns linger about data privacy and censorship linked to China, amid ongoing political scrutiny of the platform.
#tiktokbanusa #tiktokbanusa2024 #tiktokbanushouse #tiktokbanusreaction #tiktokbaninusalive #tiktokbaninusa#tiktokbaninusalatestnews #tiktokbaninussenate #JoeBiden #TikToknews #Worldnews #news #Oneinda #Oneindia news
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United States Defense Secretary Lloyd Austin rejects claims of genocide by Israel in Gaza but acknowledges the need for sustainable improvements. The remarks came during a Senate hearing, where concerns over civilian casualties and humanitarian conditions were raised. Efforts to press Israel to protect civilians continue amid ongoing conflict, with the US emphasising the importance of addressing the humanitarian crisis.
#UnitedStates #LloydAustin #IsraelGaza #Israel #Gazawar #Israelnews #Biden #Israelwar #Worldnews #Oneindia #Oneindianews
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Russian forces carried out an overnight drone attack on Ukraine's Kharkiv and Dnipro regions, causing injuries to at least six individuals and causing damage to critical infrastructure, as well as commercial and residential buildings, according to regional officials on Saturday. The Ukrainian Air Force reported that Russian forces deployed 13 Shahed drones targeting these regions in the northeast and centre of the country. The air defence units successfully intercepted and downed all the drones, as confirmed by the air force commander. However, debris from the downed drones struck civilian targets in Kharkiv, resulting in injuries to four people and igniting a fire in an office building, as stated by the regional governor.
#RussiaUkraineWar #KharkivAttack #DniproAttack #DroneStrike #ATACMSMissiles #MilitaryConflict #SecurityThreat #RegionalTensions #InternationalRelations #WarZone #Kharkiv #Dnipro #RussianAggression #UkrainianDefense #CrossBorderConflict
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Ukraine has been rationing ammunition and bullets; meanwhile the Russian army has been using 'human wave' tactics by sending poorly trained recruits to the frontline in a bid to force Ukraine use up all of its ammunition.
Credit: euronews (in English) Duration: 02:31Published
Bill Maher's taking aim at America's top cop, Attorney General Merrick Garland ... questioning why Democrats even gave him the job, and calling him out for.. TMZ.com
The White House defended President Biden's comments on 'xenophobia' regarding India, China, and Japan, stressing the positive role of immigrants in the US. Biden's remarks, made at a Democratic Party fundraiser, linked economic challenges in these countries to xenophobia, but faced criticism. Nonetheless, the White House reaffirmed Biden's commitment to strengthening ties with allies like India and Japan.
#WhiteHouse #PresidentBiden #JapanIndia #USIndia #USJapan #Xenophobia #BidenGaffe #USnews #Worldnews #Oneindia #Oneindianews
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House GOP Advances Aid Bills , for Israel, Ukraine and Taiwan.
The foreign aid bills were advanced by a
9-3 vote, thanks to the help of four Democrats on the committee, CBS News reports. .
Those Democrats are Jim McGovern, Mary Gay Scanlon, Joe Neguse and Teresa Leger FernĂĄndez.
Those Democrats are Jim McGovern, Mary Gay Scanlon, Joe Neguse and Teresa Leger FernĂĄndez.
Those Democrats are Jim McGovern, Mary Gay Scanlon, Joe Neguse and Teresa Leger FernĂĄndez.
Those Democrats are Jim McGovern, Mary Gay Scanlon, Joe Neguse and Teresa Leger FernĂĄndez.
Conservatives who voted against the bills,
because border security wasn't lumped in, include Tom Massie, Ralph Norman and Chip Roy. .
Conservatives who voted against the bills,
because border security wasn't lumped in, include Tom Massie, Ralph Norman and Chip Roy. .
A final vote on the foreign aid package
will take place on April 20. .
The three bills would support Israel,
Ukraine and Taiwan with $26.4 billion,
$60.8 billion and $8.1 billion, respectively. .
The three bills would support Israel,
Ukraine and Taiwan with $26.4 billion,
$60.8 billion and $8.1 billion, respectively. .
The three bills would support Israel,
Ukraine and Taiwan with $26.4 billion,
$60.8 billion and $8.1 billion, respectively. .
$9.1 billion of the Israel package would go toward Palestinian humanitarian efforts. .
A fourth bill seeks to allow the sale of Russian oligarchs' assets that have been frozen in order to continue funding Ukraine.
possibly "force the sale of TikTok
and authorize stricter sanctions on Russia, China and Iran," CBS News reports. .
possibly "force the sale of TikTok
and authorize stricter sanctions on Russia, China and Iran," CBS News reports. .
Some far-right Republicans have threatened to remove House Speaker Mike Johnson from his position for supporting additional Ukraine funding.
Johnson defended his actions, calling lethal aid for Ukraine "critically important.".
If I operated out of fear over
a motion to vacate, I would
never be able to do my job, House Speaker Mike Johnson, via statement.
Look, history judges us for what we
do. This is a critical time right now
critical time on the world stage. , House Speaker Mike Johnson, via statement.
I could make a, you know I can make
a selfish decision and do something that, that's different. But I'm doing here
what I believe to be the right thing, House Speaker Mike Johnson, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
South Koreaâs Opposition , Dominates Parliamentary Elections.
South Korea's Democratic Party won
"175 seats in the 300-member single-chamber parliament" on April 10, NPR reports.
The ruling right-wing People Power Party became a smaller minority with only 108 seats. .
The outcome is considered to be a blow to conservative President Yoon Suk Yeol.
The country's prime minister and
other presidential officials offered
to resign after the crushing defeat. .
The country's prime minister and
other presidential officials offered
to resign after the crushing defeat. .
I apologize to the people on behalf
of our party, which wasnât good
enough to win the peopleâs choices, Han Dong-hoon, People Power Party leader, via statement.
While Yoon said that he intends to
"humbly uphold" the will of the people
as indicated by the election results, .
it is not known if he will accept his
staff's offers to resign. .
Lee Jae-myung, the Democratic Party leader who
is considering running for president again, .
said there is a need for both parties to
"pull together" to "resolve economic
and public livelihood problems.".
The results of the parliamentary
elections are not the victory by
the Democratic Party, but the
great victory by our people, Lee Jae-myung, the Democratic Party leader.
Now, the elections are over. Both
the ruling and opposition political
parties must pull together all their
strength to resolve economic and
public livelihood problems, Lee Jae-myung, the Democratic Party leader.
According to the National Election Commission, voter turnout reached its
highest level in over three decades for
a parliamentary election, NPR reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
Biden had said the "xenophobic" nature of India, China, Japan and Russia is responsible for their economic troubles and argued that America's economy is growing.. DNA
Indian Foreign Minister S. Jaishankar rebuffed U.S. President Joe Biden's assertion that "xenophobia" was hindering India's economic progress. Speaking at a round table discussion hosted by a newspaper on Friday, Jaishankar emphasised that India's economy is robust and dismissed any suggestion of faltering. He highlighted India's long-standing tradition of openness as a society, refuting claims of xenophobia impacting its economic growth.
#EAMJaishankar #JoeBiden #XenophobicComment #IndiaRejects #CitizenshipAmendmentAct #CAA #IndianDiplomacy #GlobalRelations #PoliticalResponse #BidenComment #ForeignPolicy #IndiaUSA #DiplomaticRelations #XenophobiaDebate #InternationalAffairs
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Foreign Minister S Jaishankar countered recent remarks by US President Joe Biden labeling India as "xenophobic," emphasizing India's tradition of openness and.. IndiaTimes
Iranian President Vows to Destroy Israel , if It Launches the âTiniest Invasionâ.
On April 13, Iran attacked Israel with
hundreds of drones and missiles.
It was the first time that Iran has ever launched a direct military attack on Israel, Fox News reports. .
Although Israel was able to fend off
about 99% of the projectiles, the
country is considering retaliation.
On April 17, Iranian President Ebrahim Raisi warned Israel that if it does decide to
attack with even the "tiniest invasion," .
Iran's response would be "massive and harsh.".
Nothing would remain
from the Zionist regime, Iranian President Ebrahim Raisi, via Fox News.
Raisi delivered his remarks during
a military parade north of Tehran.
Prior to Raisi's threats, Israel vowed
to respond to the attacks.
The country did not provide details,
but its military council met on April 16
to decide how to proceed.
Leaders around the world have
urged Israel to stand down. .
While Israel and Iran have been at odds
for decades, their conflict came to a
head recently since Iran supports Hamas, .
which attacked Israel on Oct. 7 and
prompted Israel's current offensive in Gaza.
Credit: Wibbitz Top Stories Duration: 01:30Published
Samsung Knocks Apple , From Top Phonemaker Spot.
Samsung Knocks Apple , From Top Phonemaker Spot.
Fox News reports that Apple's phone shipments have dropped by about 10%.
During Q1 2024, Apple had a 17.3% market share, while Samsung had 20.8%.
During Q1 2024, Apple had a 17.3% market share, while Samsung had 20.8%.
Xiaomi came in third with 14.1%.
Samsung shipped over
60 million phones during Q1 2024.
Samsung shipped over
60 million phones during Q1 2024.
Apple only shipped 50.1 million. .
Last year during the same time period,
Apple shipped 55.4 million. .
Overall, smartphone shipments rose 7.8% worldwide to 289.4 million units during Q1 2024.
The increase in Samsung shipments
could be attributed to the company's
release of Galaxy S24 series phones.
During a launch event at the beginning
of the year, Galaxy AI, which is incorporated
into the company's new smartphones,
was touted as "a new era of mobile AI.".
News of Samsung's triumph comes as
Apple is cutting over 600 jobs in California
following reports that the company
is abandoning its electric car efforts. .
News of Samsung's triumph comes as
Apple is cutting over 600 jobs in California
following reports that the company
is abandoning its electric car efforts.
Credit: Wibbitz Top Stories Duration: 01:31Published
Drug Shortages Reach , All-Time High in US, , Pharmacists Say.
According to the American Society of Health-System Pharmacists (ASHP) and
the Utah Drug Information Service.
the first quarter of 2024 saw
323 active drug shortages, Fox News reports.
The previous record of
320 shortages was set in 2014.
ASHP CEO Paul Abramowitz said,
"some of the most worrying shortages involve generic sterile injectable medications," .
... "including cancer chemotherapy drugs and emergency medications stored in hospital crash carts and procedural areas." .
... "including cancer chemotherapy drugs and emergency medications stored in hospital crash carts and procedural areas." .
Abramowitz went on to say that the
"ongoing national shortages of therapies for attention-deficit/hyperactivity disorder also remain
a serious challenge for clinicians and patients.".
A separate ASHP report said that "the most severe and persistent shortages are driven by economic factors that undermine investment in manufacturing capacity, manufacturing quality and supply chain reliability.".
These economic challenges are
driven by extreme price competition
among generic manufacturers, ASHP, via report.
ASHP will continue to engage
with policymakers regularly as we guide
efforts to draft and pass new legislation
to address drug shortages and continue
to strongly advocate on behalf of our
members for solutions that work, ASHP CEO Paul Abramowitz, via statement.
Last week, the Department of Health and Human Services issued a white paper recommending tactics for Congress to help.
With todayâs white paper,
HHS offers solutions and stands
ready to work with Congress to
ensure no patient faces the devastating
consequences of drug shortages or
goes without needed medicines, U.S. Department of Health and Human Services, via press release
Credit: Wibbitz Top Stories Duration: 01:31Published
Dwayne 'The Rock' Johnson is saying he will not be endorsing Joe Biden for President as he once did during the last presidential election. During an interview with Fox News, Johnson expressed some regret about his 2020 endorsement for Biden and Kamala Harris saying he won't endorse any candidate this year.
Credit: The Hollywood Reporter Duration: 01:30Published
Safety Tips for , Viewing the Upcoming , Solar Eclipse.
Ahead of the April 8 eclipse that can be viewed in the
United States, Fox News offered some safety tips for
anyone looking to catch a glimpse of the event. .
The number one tip is to wear proper eclipse glasses
which are significantly darker than normal sunglasses
and specifically designed for witnessing solar events. .
Genuine eclipse glasses will have an , ISO 12312-2 filter. .
NASA suggests people check the American
Astronomical Society's list of safe options
for selecting a brand of eclipse glasses.
Fox News warns that the popularity of the upcoming
eclipse has driven third-party vendors to flood
online marketplaces with fake eclipse glasses. .
People without eclipse glasses can still
view the eclipse with a pinhole projector
which can easily be made at home.
Cut a 1- to 2-inch square out of
the center of a piece of plain
white paper or white cardboard.
Cover the square you just cut out by taping
a piece of aluminum foil over the hole. .
Next, use a pin or thumbtack to
poke a hole in the aluminum foil.
A second piece of paper or cardboard
is used as the screen on which the
image of the eclipse will be projected.
To view: place the screen on the ground and stand with your back to the sun, holding your projector with the foil pointed toward the sky.
Adjust the distance between your projector
and the screen to make the image of
the eclipse appear larger or smaller.
Credit: Wibbitz Top Stories Duration: 01:31Published
An Israeli official has downplayed the prospects for a full end to the war in Gaza as Egyptian state media reported "noticeable progress" in ceasefire talks. Sky News
Saudi Arabia intensifies arrests for social media posts on Israel-Hamas conflict, signaling a potential shift in its stance on diplomatic relations with Israel. Security concerns post-October 7 drive the crackdown. Despite silence from authorities, opposition figures push for reforms. Arrests highlight Saudi's tough stance on dissenting voices.
#SaudiArabia #IsraelHamas #SaudiArabiaisrael #IsraelHamas #Gazawar #Palestine #IsraelwarLive #Worldnews #Oneindia #OneindiaNews
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Hamas announced on Friday its intention to send a delegation to Cairo to discuss a potential hostages-for-truce agreement with Israel. This development coincided with the arrival of US CIA Director William Burns in the Egyptian capital, as reported by Egyptian sources. Egypt, along with Qatar and the United States, has been actively mediating between Israel and Hamas, aiming to broker a ceasefire in the Gaza conflict, which escalated following Hamas's devastating attack on October 7. According to an Egyptian security source, Hamas and CIA representatives are scheduled to meet Egyptian mediators on Saturday. However, it remains unclear whether these meetings will be held separately or together. Hamas expressed its delegation's positive outlook towards the discussions after reviewing the latest truce proposal, affirming its determination to secure an agreement that meets Palestinian demands. While the United States has acknowledged some progress in the negotiations, the CIA declined to comment, adhering to its policy of not disclosing the director's travel details.
#IsraelHamasWar #CeasefireTalks #CairoDelegation #RafahAssault #BenjaminNetanyahu #MiddleEastConflict #GazaCrisis #HamasNegotiation #WarInGaza #IsraeliConflict #PalestinianDialogue #InternationalMediation #RegionalSecurity #GlobalDiplomacy #PeaceEfforts
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Friday 9.29.23 - Ep.7: Manila talks to local CA politician, Armen Kurdian, to discuss Sen. Dianne Feinstein's passing, legacy, who might Governor Gavin Newsom appoint to her seat, and other..
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