Latest in State Department Downgrades
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State Department downgrades travel advisory for China
The State Department on Wednesday downgraded its travel advisory for China, shortly after the White House announced it had secured the release of three Americans as part of a prisoner swap with ...Politics - The Hill - 5 hours ago -
State Department reacts to Israel's parliament vote to ban UNRWA
U.S. State Department spokesperson Matthew Miller said the Biden administration is concerned over a vote in Israel's parliament to ban UNRWA, the United Nations Relief and Works Agency for ...Top stories - CBS News - October 29 -
State Department: Israel not in violation of US law on humanitarian aid to Gaza
The State Department on Tuesday said that Israel is not in violation of U.S. law related to the delivery and access of humanitarian assistance to the Gaza Strip, despite pushback from aid groups ...Politics - The Hill - November 12 -
Brussels downgrades Eurozone growth forecast to 1.3%
Germany’s economic struggles weigh down on region as US continues to outpace EuropeBusiness - Financial Times - November 15 -
Fitch Downgrades Spirit Airlines’ Credit Rating
Spirit Airlines is working on alternatives to improve its liquidity.Business - Inc. - November 16 -
Boeing’s record $21bn fundraising boosts hopes of avoiding downgrade
Aircraft maker is racing to ease pressure on its balance sheet exacerbated by a labour strikeBusiness - Financial Times - October 29 -
Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 31 -
S&P downgrades Thames Water debt further into ‘junk’ territory
Decision comes after troubled UK utility reached tentative deal on £3bn of emergency financingBusiness - Financial Times - October 29 -
Southern Water at risk of debt default in event of further credit downgrades
Bond issue documentation shows UK utility under pressure over high financing costsBusiness - Financial Times - November 5 -
Moody's downgrades Mexican government's outlook to 'negative' over weakening of judiciary and debt
Mexico's president has lashed out at Moody’s ratings service after it downgraded the Mexican government’s debt outlook to “negative.”World - ABC News - November 15 -
Boeing Quality Chief to Depart
The executive’s retirement comes as the manufacturer attempts to restart factories after a damaging strike.Business - The Wall Street Journal - November 11 -
Here’s why JPMorgan’s stock gets one analyst’s only downgrade after the Trump bank-stock rally
There’s only one other “deep value stock” among the large U.S. commercial and investment banks, according to one Oppenheimer analyst.Business - MarketWatch - November 20 -
Poor nations may have to downgrade climate cash demands, ex-UN envoy says
Rich country budgets are stretched amid inflation, Covid and Ukraine war, Mary Robinson tells Cop29. Poor countries may have to compromise on demands for cash to tackle global heating, a former UN ...World - The Guardian - 6 days ago -
Is It Possible for Trump to Shut the Department of Education?
Donald Trump said he would use the department to further his priorities. He also said he would close it. Both options would face difficulties.Top stories - The New York Times - November 13 -
Misplaced priorities at the Department of Veterans Affairs are hurting veterans
The Department of Veterans Affairs is failing to serve the urgent needs of U.S. veterans due to chronic understaffing, long waits for health care, a six-figure backlog of benefit claims, and an ...Politics - The Hill - October 31 -
Is Department of Veterans Affairs care really ‘scandalously substandard’?
VA, certainly, is not perfect. The department has issues — but, as a former secretary of Veterans Affairs, I am convinced the health care VA provides veterans is better than most other Americans ...Politics - The Hill - November 7 -
The Department of Education’s approach to antisemitism is dangerous and won’t work
Unfortunately, the Office of Civil Rights is applying standards that are legally problematic, burdensome and virtually impossible to meet.Politics - The Hill - November 10 -
Tulsa Police Department tries to build trust with community
The Tulsa Police Department is making efforts to repair trust with the community it serves. But it's no easy task after more than a century of racial tension. Mark Strassmann has the story.Top stories - CBS News - November 12 -
Trump’s Department for ‘Drastic Change,’ and the Race for Senate Leadership
Plus, the streaming services you never knew about.Top stories - The New York Times - November 13 -
George Conway: Musk, Ramaswamy to lead 'nonexistent department'
Conservative pundit George Conway downplayed President-elect Trump's proposed advisory group focused on cutting federal spending and reducing the size of the government Tuesday, calling it ...Politics - The Hill - November 13 -
Matt Gaetz, a Bomb-Thrower for the Justice Department
President-elect Donald Trump’s pick to be attorney general has set a new bar for in-your-face nominations.Top stories - The New York Times - November 14 -
Homeland Security Department to Release New A.I. Guidance
The voluntary best practices are aimed at companies that own or operate critical infrastructure.Business - The New York Times - November 14 -
What Can the Department of Government Efficiency Do?
President-elect Trump has indicated the entity will operate outside the government, a position that comes with legal limits.Business - The New York Times - November 18 -
What Trump's reelection means for the Justice Department
Donald Trump on the campaign trail repeatedly accused Democrats of using the U.S. Justice Department to indict him for several crimes. So what exactly does this baseless claim signal about how the ...Top stories - CBS News - November 18 -
Trump picks Howard Lutnick to run commerce department
Cantor Fitzgerald boss to also have ‘direct responsibility’ for the office of the US trade representativeBusiness - Financial Times - November 19 -
Trump nominates Linda McMahon to lead Education Department
President-elect Trump announced on Tuesday that he will nominate Linda McMahon to serve as secretary of the Education Department on Tuesday. McMahon is co-leading Trump’s transition team. She was ...Politics - The Hill - November 20 -
Trump picks Linda McMahon to head Department of Education
Donald Trump picks Linda McMahon to head the Department of Education.Top stories - ABC News - November 20 -
Can I avoid disruption to my child’s education?
My ex-husband claims he can’t afford the VAT added to our children’s school feesWorld - Financial Times - November 20 -
FirstFT: Apollo’s Marc Rowan top contender for Treasury job
Also in today’s newsletter, SpaceX fails to catch Starship, as well as machine learning and robotsWorld - Financial Times - November 20 -
Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.Top stories - CBS News - 6 days ago -
Musk, Ramaswamy detail plans for "Department of Government Efficiency"
Elon Musk and Vivek Ramaswamy have published an op-ed in the Wall Street Journal detailing their plans for their "Department of Government Efficiency" and revealing some of the programs they might ...Top stories - CBS News - 6 days ago -
DOJ finds pattern of misconduct in Trenton police department
The Department of Justice has found a pattern of misconduct in a New Jersey police department. The Trenton Police Department has engaged in a pattern of stops, searches and arrests without legal ...Politics - The Hill - 6 days ago -
Justice Department targets Google's search engine monopoly
The Department of Justice on Wednesday filed a motion calling for Google to sell its Chrome search engine, arguing in court documents that "the playing field is not level." The Justice Department ...Top stories - CBS News - 6 days ago -
Head of Walmart’s Health and Wellness Division Departs
Walmart closed 51 health clinics six months ago.Business - Inc. - 5 days ago -
Trump picks Brooke Rollins to lead Department of Agriculture
Choice of president of America First Policy Institute completes top cabinet picks for president-elect. Donald Trump has chosen Brooke Rollins, president of the America First Policy Institute, to be ...World - The Guardian - 4 days ago -
Duckworth: Hegseth nomination an 'insult' to Defense Department
Sen. Tammy Duckworth (D-Ill.) spoke out against President-elect Trump’s nomination of former Fox News host Pete Hegseth as Defense secretary, calling the nomination an “insult” to the Department of ...Politics - The Hill - 2 days ago -
Why the Department of Government Efficiency could be costly for the country
The more efficiently we do something, the more of it we tend to do.Politics - The Hill - 2 days ago -
Commerce Department to reduce Intel's funding on semiconductors
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke ...Tech - ABC News - 2 days ago -
Trump is considering halting federal grants to police depts. that decline to conduct mass deportations
As Trump promises the largest mass deportation of undocumented immigrants in US history if re-elected, his team is considering withholding federal police grants from local law enforcement agencies ...Top stories - NBC News - October 30