Sunday, 20 Sep 2020

Pete Buttigieg To Open Fundraisers To Press And Disclose Bundlers

Silver alert issued for missing Winnipeg senior

Winnipeg police have activated a silver alert and for a missing senior.

Nicolas Chlopan, 85, was last seen in Winnipeg’s downtown area Monday morning.

Police are concerned for his well-being.

Chlopan is 5’6” tall, 143 lbs., and was last seen wearing a black jacket, purple shirt, and blue pants.

A silver alert is activated when a vulnerable adult person with a cognitive impairment is reported missing.

Two years after ISIL defeat, Mosul still in ruins

The victory over ISIL is overshadowed by the slow pace of reconstruction and lack of services in the Sunni north.

    It has been two years since the ISIL (ISIS) group was defeated in Iraq.

    But the victory is overshadowed by the slow pace of reconstruction and lack of services in the Sunni north.

    In Mosul alone, 14,000 houses are in need of rehabilitation, while 6,000 must be rebuilt from scratch.

    People are growing increasingly angry at the government.

    Al Jazeera’s Simona Foltyn reports from Mosul.

    Morgan Stanley cutting jobs due to uncertain global environment – CNBC

    Dec 9 (Reuters) – Morgan Stanley is cutting about 2% of its workforce due to an uncertain global economic outlook, CNBC reported on Monday citing people familiar with the matter.

    The job cuts will hit technology and operations roles hardest at the Wall Street bank, the report said. (cnb.cx/2qCxlbN)

    Morgan Stanley had 60,532 employees as of Sept. 30. (Reporting by Bharath Manjesh in Bengaluru; Editing by Shailesh Kuber)

    U.N. Security Council to meet Wednesday on North Korea

    UNITED NATIONS (Reuters) – The United Nations Security Council will meet publicly on Wednesday over North Korea’s nuclear and missile programs, diplomats said on Monday.

    The meeting has been requested by the United States. A U.S. State Department official earlier said Washington wanted the 15-member council to discuss North Korea’s missile launches and the possibility of an “escalatory” provocation by Pyongyang.

    Dow sinks 105 points as health-care selling and worries about China’s economy weigh on market

    U.S. stocks ended solidly lower Monday as buying appetite abated, following economic reports that pointed to weakness in China’s economy, highlighting worries about a global economic recession. Health-care shares, meanwhile, also weighed on the broader market, with that category declining 0.7%. The Dow Jones Industrial Average DJIA, -0.38% declined by 105 points, or 0.4%, at 27,910, the S&P 500 index SPX, -0.32% slipped 0.3% to 3,135, while the Nasdaq Composite Index COMP, -0.40% retreated 0.4% to 8,622. All closing levels are on a preliminary basis. On Friday, stocks soared after a better-than-expected jobs report sparked a rally. Equity benchmarks on Monday, however, finished near their lows of the session ahead of the Dec. 15 deadline for 15% import duties on $156 billion of annual consumer imports to take effect. Data out of Beijing showed that China’s exports unexpectedly dropped 1.1% in November from a year earlier, while shipments to the U.S. fell 23%, reflecting the weight of the U.S.-China trade clash. Investors will watch for the start of the Federal Reserve’s two-day policy meeting, which kicks off Tuesday, with no expectation that the central bank will make changes to interest rates but hope that that officials may offer guidance on future policy. In corporate news, Shares of Chevron Corp. CVX, -0.60% fell 0.6% after Citi analyst Alastair Syme downgraded the stock to neutral from buy.

    Why MBAs Are Thriving Everywhere but America

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    At a glance the MBA might appear to be in trouble.

    Applications worldwide to advanced business programs dropped 6.9% this year, according to the Graduate Management Admission Council (GMAC), which administers the GMAT test, a key benchmark for prospective students. But the world outside America tells a very different story.

    Ding Yuan, China Europe International Business School

    Fiona Devine, Alliance Manchester Business School

    Andy Rose, National University of Singapore

    Franz Heukamp, IESE Business School, University of Navarra

    Sharon Hodgson, Ivey Business School, Western University

    Pete Buttigieg To Open Fundraisers To Press And Disclose Bundlers

    The presidential campaign of South Bend, Indiana, Mayor Pete Buttigieg announced Monday that it would allow members of the news media to cover future private fundraisers and would disclose the names of super donors known as “bundlers.”

    Reporters will be permitted to cover Buttigieg’s fundraisers starting on Tuesday and the campaign will provide the names of bundlers, who solicit multiple donations from other wealthy individuals, by the end of the week, according to a statement from campaign manager Mike Schmuhl.

    “From the start, Pete has said it is important for every candidate to be open and honest, and his actions have reflected that commitment,” Schmuhl said.

    Buttigieg had been under growing pressure in recent days to improve his campaign’s financial transparency.

    Of the four Democratic candidates leading in the polls, only Buttigieg and former Vice President Joe Biden have requested donations in private, high-dollar fundraisers. Biden has allowed reporters to cover those fundraisers. And Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.) do not raise money in private fundraisers.

    Warren and her team have been engaged in a war of words with Buttigieg and his campaign, pressing the mayor to release more information about his donors and provide press access.

    This is a developing story. Please check back for updates.

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