Live Updates: Biden team can’t get intelligence reports until Trump concedes election
President-elect Biden slams GOP attempt to repeal Affordable Care Act
Fox News correspondent Peter Doocy has the latest from Wilmington, Del. on ‘Special Report.’
President Donald Trump’s unwillingness to concede the 2020 presidential election has delayed the process by which national security information can be shared with President-Elect Joe Biden, the national intelligence director’s office said on Tuesday.
According to the Presidential Transition Act of 1963, the General Services Administration must first ascertain the winner of the election, which Trump is contesting, before providing intelligence briefings to the next administration.
Biden took questions from reporters for the first time since being projected as president-elect, but the questions that were asked were primarily focused on knocking Trump and Republican lawmakers, who have largely not acknowledged the current outcome of the 2020 presidential election.
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Stock Alert: Western Midstream Partners Climbs 14%
Shares of Western Midstream Partners, LP (WES) are rising more than 14 percent or $1.30 in Tuesday’s morning trade at $10.39.
Monday, Western Midstream said its third-quarter net income available to limited partners surged to $241.48 million or $0 .55 per common unit from $121.22 million or $0.27 per common unit in the year-ago period. Total revenues and other rose to $679.04 million from $666.03 million last year.
For fiscal 2021, the company forecast adjusted EBITDA between $1.825 billion and $1.925 billion, and said that the board of directors of the Partnership’s general partner has authorized the Partnership to commence a buyback program of up to $250 million of its common units through December 31, 2021.
Western Midstream Partners has traded in a range of $2.90 to $22.11 in the past 52 weeks.
EARNINGS SUMMARY: Details of CTI BioPharma Corp. Q3 Earnings Report
Below are the earnings highlights for CTI BioPharma Corp. (CTIC):
-Earnings: -$11.26 million in Q3 vs. -$10.05 million in the same period last year.
-EPS: -$0.15 in Q3 vs. -$0.17 in the same period last year.
-Analysts projected -$0.15 per share
Trump projected to win Alaska after losing US presidency to Biden
WASHINGTON (REUTERS) – United States President Donald Trump defeated President-elect Joe Biden in Alaska, Edison Research projected on Wednesday (Nov 11).
Mr Trump, a Republican, has yet to concede the presidential election four days after Edison Research said Mr Biden had surpassed the 270 Electoral College votes needed to capture the presidency.
Awarding Alaska’s three Electoral College votes to Mr Trump will not change the outcome of the Nov 3 election.
Live updates: Georgia Senate race attracts national attention
After Tillis victory in North Carolina, all eyes move to Georgia
Fox News chief political anchor Bret Baier react to GOP victory in Tar Heel State; looks ahead to George runoffs
Fundraising from across the nation for Georgia’s two embattled Senate races is already underway, and powerful New York City Democrat Ray McGuire, who is running for mayor in 2022, is rallying funds for Democrats Jon Ossoff and the Rev. Raphael Warnock.
Heaps of out-of-state money are expected to pour into Georgia to sway its two Senate runoffs after no candidate won a majority of votes in last week’s election. Republican Sen. David Perdue will face off against Ossoff, and Republican Sen. Kelly Loeffler is running against Warnock after fending off a challenge from Rep. Doug Collins.
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Gold Holds Steady On Dollar Weakness
Gold held steady on Wednesday and the dollar eased as investor enthusiasm over a coronavirus vaccine was dampened by rising Covid-19 cases in the United States and Europe.
Both spot gold and U.S. gold futures were little changed at $1,877.15 per ounce and $1,875.30, respectively.
New coronavirus cases raced across the U.S. and Europe, raising concerns that health systems will be overwhelmed with the advent of autumn and winter in the Northern Hemisphere.
The United States added 201,961 Covid-19 cases in the 24-hour period on Tuesday, far exceeding its previous daily record of new Covid-19 cases, according to the tally compiled by Johns Hopkins University.
A lot of U.S. states have put up tight restrictions to help contain the spread of the virus amid a surge in hospitalizations.
The number of confirmed coronavirus cases climbed by a record 3.6 million globally last week, the World Health Organization (WHO) has said.
Experts are cautioning that there are many supply chain hurdles with manufacturing, warehousing, distributing, and administering the Covid-19 vaccines.
U.S. Federal Reserve policymakers said on Tuesday that soaring coronavirus cases and the lack of fiscal support could hinder the nation’s economic recovery.
Zimbabwean Deminers Praised for Job Well Done
A team of Zimbabwean deminers has been credited with removing the last remaining landmines from the Falkland Islands, nearly 40 years after they were laid by invading Argentine forces in the overseas UK territory. The demining programme in the South Atlantic territory began in 2009 and has been completed three years ahead of schedule. The British minister responsible for the Falklands, Wendy Morton, paid tribute to the deminers and called the completion of the project a “huge achievement”. Britain’s foreign ministry announced $48m of funding to other demining projects around the world.