Archive photograph of a Hannaford supermarket aisle in Vermont,December24,2025.

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NEW YORK – Consumer prices rose 0.4% on a seasonally adjusted basis in October from September, cooling from September’s 0.6% jump, the Bureau of Labor Statistics reported Tuesday, in an inflation report that arrived without the familiar 12-month rate because of last year’s government shutdown.

The October Consumer Price Index reading came in below September’s pace. Core prices, which leave out food and energy, rose 0.3% for the third straight month, the bureau’s release shows.

The bureau said it did not collect survey data for October 2025 because of the lapse in appropriations, so it cannot publish 12-month percent changes for October 2026 for most CPI series. The last available annual reading, for September, showed prices up 3.7% over 12 months.

Food prices rose 0.5% in October, with groceries up 0.4% and restaurant meals up 0.5%. Energy prices rose 0.7%, slowing sharply from September’s 5.2% surge, and gasoline rose 1.0% after jumping 9.1% the month before. Shelter costs rose 0.3% and accounted for over thirty percent of the monthly increase, the bureau said. Used car and truck prices fell 1.2%.

Delayed quotes from about 8:22-8:23am Eastern, before the release, showed Dow futures up 0.4%, S&P 500 futures little changed and Nasdaq-100 futures down about 0.4%. Those quotes do not show the market response to the inflation report.

The report lands one day after the Dow Jones Industrial Average surged 1,104 points, as JBizNews previewed this morning.

What it means for you: The overall price index is still rising, but its monthly increase slowed from September. Grocery prices rose 0.4% and restaurant prices rose 0.5%, while the gasoline index increased 1.0% after seasonal adjustment. The missing October 2025 data mean there is no overall year-over-year inflation rate in this release; they do not mean prices stopped rising.

JBizNews Desk | Wall Street
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Archive aerial photograph of the Pentagon in November2005,not the November2026briefing.

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WASHINGTON – Pete Hegseth rejected Rep. Thomas Massie’s impeachment push at a Pentagon briefing Tuesday, calling it a “political spectacle” and a “stunt” and saying he would continue to stand with President Donald Trump.

“What one disgruntled and defeated congressman is attempting is not oversight and it’s not accountability,” Hegseth said in the public recording of the briefing. “It’s a political spectacle, a personal manifesto driven by ego and resentment.”

Hegseth’s comments were his response to the effort to remove him, not a finding about Massie’s motives or the merits of the impeachment allegations. He also called the effort “a farce” and “a stunt.”

Massie, a Kentucky Republican, filed an eight-article impeachment resolution Monday. Tuesday’s remarks did not announce a House vote result.

Hegseth argued that the dispute was over policy rather than impeachable conduct. “The proper remedy for a policy disagreement, it’s legislation, it’s debate, it’s the next presidential election,” he said.

That is Hegseth’s defense of his position. His description does not settle the constitutional or legal questions raised by the resolution, which are for Congress to consider.

Comparing the effort against him to Trump’s past impeachments, Hegseth predicted: “They will fail again.” He added: “If standing with President Trump puts me in that company, I’ll take that company every day of the week.”

Trump had publicly backed Hegseth on Monday, saying he would stand by him. Tuesday’s briefing put Hegseth’s own response on the record as the impeachment effort moved through the House.

The next issue is what action the House takes on the resolution. Hegseth’s prediction of defeat is not a vote count, and his remarks do not establish the outcome of the proceeding.

JBizNews Desk | Washington

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On November 19, millions of people, most of them men, will call in sick. They’ll descend into their basements, fire up their consoles and disappear into Rockstar Games’ fictional Vice City. TV news will cover it. Newspapers will write about it. Saturday Night Live will parody it. And Grand Theft Auto VI will likely generate more revenue than almost any entertainment property ever created.

The moment will be cultural, the experience epic, and the game, I expect, a masterpiece.

It will also be the last of its kind.

Not because Rockstar won’t make another great game (it will). Nor because AI will make today’s games faster and cheaper (it already has). GTA VI represents the culmination of a model of creativity that AI is about to upend.

For more than three decades, artistic ambition in narrative video games has been measured by scale. Bigger teams built bigger worlds. Larger budgets bought denser cities, longer scripts, more for players to do. The achievement was creative, technological and increasingly organizational. Rendering a virtual city is a technological challenge. Populating it with ten thousand hand-authored details, on schedule, across three continents, is a feat of creative coordination.

With GTA VI, Rockstar orchestrated thousands of artists, programmers, writers and designers, working for about a decade in pursuit of a single creative vision. While Take-Two has never disclosed what GTA VI cost to develop, public estimates range from $1 billion to $2 billion.

Creative work often requires deletion. Novelists cut chapters they love. Filmmakers leave their best scenes on the cutting-room floor. Late in the development of Red Dead Redemption 2, Rockstar cut roughly five hours of content from a game developed by some 1,600 people. Five hours is roughly the length of an entire Call of Duty campaign. That is the nature of the process. It has to be created before anyone can know it doesn’t belong.

The bigger the creative team, the harder it is to erase, rethink and begin again. In game development, every important creative decision sets hundreds, sometimes thousands, of writers, artists, engineers, animators and audio experts in motion. And when those pieces come together, the original idea may no longer work.

At that point, changing direction becomes a systems problem. Abandoning an idea can mean unwinding hundreds of interconnected decisions across disciplines, teams and production schedules. The later the change, the more expensive it becomes. Creative decisions become financial decisions.

AI lowers the cost of changing your mind.

Game developers have always prototyped, tested and discarded ideas. What AI changes is how far an idea can be developed before a studio commits the full weight of production behind it. If a small team can build something playable and expressive enough to assess earlier, the expensive decisions can come later, when there is a much better sense of what works. As the economics change, the creative process begins to invert: less about what can be made, more about what is worth keeping.

Painting faced a similar inflection point nearly two centuries ago. When photography arrived, many visual artists feared for their livelihoods, and some were right: the market for commissioned likenesses collapsed.

Yet others asked a different question: What will we create now? Freed from the need to represent reality faithfully, they created new, even radical, art forms: Impressionism, Cubism and abstraction.

Something similar is likely with games. Photography freed painters from the obligation to reproduce the visible world. AI can free game developers from much of the cost of changing course.

I suspect cultural historians will one day look back on GTA VI the way art historians look back on the last great realist painters: the fullest expression of one creative model just before the boundaries of the medium broke open to reveal entirely new forms.

The next masterpiece rarely looks like a bigger or cheaper version of the previous one. It looks like something no one thought to make before.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

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As of 7:15 a.m. Eastern Time today, oil is trading at $92.98 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $4.67 below yesterday morning’s level and about $29 higher than where it stood a year ago.

Oil price per barrel % Change
Price of oil yesterday $97.65 -4.78%
Price of oil 1 month ago $107.28 -13.32%
Price of oil 1 year ago $64.34 +44.51%

Will oil prices go up?

No one can say for sure where oil prices will go next. Many forces shape the market—but at the core, it’s still about supply and demand. When risks like a potential recession or war ramp up, oil prices can change direction quickly.

How oil prices translate to gas pump prices

When you buy gas at the pump, you’re covering more than the cost of crude oil. You’re also paying for every step in the process, including refineries, wholesalers, taxes, and the markup your local gas station adds.

Even so, crude oil has the biggest influence on what you pay, often making up more than half the cost per gallon. When oil prices jump, gas prices usually climb right along with them. But when oil falls, gas prices often slip much more slowly—a pattern sometimes called “rockets and feathers.”

The role of the U.S. Strategic Petroleum Reserve

If an emergency hits, the U.S. keeps a backup supply of crude oil called the Strategic Petroleum Reserve. It’s mainly there to protect energy security during crises, such as sanctions, catastrophic storm damage, even war. It can also help cushion the blow when supply shocks send prices soaring.

It’s not meant to solve long-term problems. Instead, it provides quick relief for consumers and helps keep vital parts of the economy moving, like essential industries, emergency services, and public transit.

How oil and natural gas prices are linked

Oil and natural gas are two of the world’s primary energy sources. A big change in oil prices can affect natural gas by extension. For example, if oil prices increase, some industries may swap natural gas for some segments of their operations where possible, which which increases demand for natural gas.

Historical performance of oil

When looking at how oil performs, two main benchmarks stand out:

  • Brent crude oil is the main global oil benchmark.
  • West Texas Intermediate (WTI) is the main benchmark of North America.

Of the two, Brent gives a better picture of global oil performance because it prices a large share of the world’s traded crude. It’s also the go-to for tracking oil’s historical trends. In fact, even the U.S. Energy Information Administration now relies on Brent as its primary reference in its Annual Energy Outlook.

If you look at the Brent benchmark over several decades, oil has been far from stable. It has experienced sharp rises tied to wars and supply cuts, along with steep drops linked to global recessions and oversupply (called a “glut”). For example:

  • The early 1970s delivered the first major oil shock when the Middle East slashed exports and placed an embargo on the U.S. and others during the Yom Kippur War.
  • Prices fell in the mid-1980s due to lower demand and an influx of non-OPEC oil producers joining the market.
  • Prices surged again in 2008 as global demand grew, but then crashed alongside the global financial crisis.
  • During the 2020 COVID lockdown, oil demand plummeted like never before—pushing prices below $20 per barrel.

To sum up, oil’s historical performance has been anything but smooth. Again, it’s heavily influenced by wars, recessions, OPEC whims, shifting energy policies, and much more.

Energy coverage from Fortune

Looking to stay up-to-date regarding the latest energy developments? Check out our recent coverage:

Frequently asked questions

How is the current price of oil per barrel actually determined?

The current price of oil per barrel depends largely on supply and demand, including news about potential future supply and demand (geopolitics, decisions made by OPEC+, etc.). In the U.S., prices also move based on how friendly an administration is to drilling, as it can affect future supply. For example, 2025 saw the Trump administration move to reopen more than 1.5 million acres in the Coastal Plain of the Arctic National Wildlife Refuge for oil and gas leasing, reversing the Biden administration’s policy of limiting oil drilling in the Arctic.

How often does the price of oil change during the day?

The price of oil updates constantly when the “futures” markets are open. A futures market is effectively an auction where people agree to buy or sell oil in the future. As long as people and companies are trading contracts, the oil price is changing.

How does U.S. shale oil production affect the current price of oil?

In short, shale is rock that contains oil and natural gas. Think of shale as energy yet to be tapped. The more shale the U.S. accesses, the more energy we’ll have—and the more easily oil prices can keep from spiking as much thanks to a greater supply.

How does the current price of oil impact inflation and the broader economy?

When oil is expensive, it tends to make everyday items cost more. This can be related to energy (your heating, gas utilities, etc.), but it’s also due to the logistics involved with making those items accessible to you. Shipping, for example, can affect the price of things at the grocery store, as it’s more expensive to get those products from warehouses and farms onto the shelf.

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It’s just about the most relentless and pulpy headline imaginable: Nvidia CEO Jensen Huang admitted to an affair, with a woman who’s an alleged Chinese spy no less. 

The news bombshelled on Sunday, and the market reacted viscerally on Monday: Nvidia closed down 4.3%, with about $230 billion in shareholder value wiped out, as other tech companies like Google and Meta saw share price upticks (welcome after Thursday’s Nasdaq nightmare). And yes, the luridness certainly drew attention, as did the national security concerns now subject to investigation. 

The underlying question of it all is simple: Where do Huang and Nvidia go from here? Huang is AI’s ultimate key man. But more importantly: Nvidia—indelibly associated with Huang—is AI’s arms dealer, controlling north of 80% of the global market for AI and data center GPUs. 

So, Huang’s affair isn’t just a public markets story, it’s a private markets story, with many tendrils. For one, functionally every AI startup and LLM giant is dependent on Nvidia GPU clusters to train and run models. This, naturally, includes the biggest names, including OpenAI, Elon Musk’s xAI, and Anthropic (on the eve of its IPO, expected to be historically large). 

Nvidia’s also widely, and I believe correctly, described as AI’s central bank. The company’s financial footprint is stamped across the AI-pilled private markets. Nvidia’s been a key investor in startups, including Ilya Sutskever’s Safe Superintelligence and robotics unicorn Figure AI, and in key neoclouds like Nebius—not to mention an acquirer, as was the case with Nvidia’s September $12.93 billion announced acquisition of open-source startup Hugging Face, which had its own host of venture backers, including Lux Capital and Salesforce. (Nvidia has also backed OpenAI and Anthropic, and at least 400 other startups, a look at PitchBook says.)

It goes even further: Nvidia’s existing partnerships across the private markets include deals with  Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to create $500 billion in financing opportunities for (you guessed it) compute and data centers. 

It’s the ultimate “key man risk” story. I’ve never typed this sentence before, but it’s true: There are trillions at stake, and it all ties back to Huang, who decisively helped create the AI boom. And he’s now the reason the AI status quo is, at best, imperiled. 

But Huang is also impossibly entrenched and vital, and there’s just too much financial infrastructure at stake. This story is still developing, as they say, and new revelations may yet come to light. But my guess: Whether it’s right or wrong, Huang survives this furor and remains CEO of Nvidia.

See you tomorrow,

Allie Garfinkle
X:
@agarfinks
Email: alexandra.garfinkle@fortune.com

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Joey Abrams curated the deals section of today’s newsletter.

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Many large pharmaceutical companies are taking steps to improve access to their medicines in low- and middle-income countries, but progress has been mixed and more action is needed to ensure wide availability, a new analysis found.

Notably, more drugmakers are planning to reach patients before a product launch — access plans now cover 69% of late-stage pipeline candidates compared with 18% in 2018. And across the pipeline, 95% of late-stage experimental drugs developed with a nonprofit partner have an access plan in place, versus 67% without such a partner.

Another bright spot involves cancer treatments. Access plans now cover 65% of cancer drugs in product pipelines, up from 5% in 2018. But 43% of access plans for non-communicable diseases — specifically, sickle cell disease, diabetes, and mental health — focus solely on regulatory registrations and primarily in wealthy countries.

Continue to STAT+ to read the full story…

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ArchiveMarch2024photograph of the Mars Wrigley factory entrance in Cleveland,Tennessee.

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Harrison Keely / Wikimedia Commons / CC BY 4.0

MCLEAN, Va. – Mars plans to invest an estimated $1.4 billion in its U.S. manufacturing and operations in 2027, the largest amount the privately held maker of M&M’s, Snickers and Pedigree says it has committed in a single year.

The plan announced Tuesday covers a business that spans candy and snacks, food, pet nutrition and veterinary care. It is planned spending for next year, not money already invested.

Within the 2027 total, Mars plans more than $34 million for four new veterinary hospitals early next year: BluePearl hospitals in Ellicott City, Maryland, and Austin and Katy, Texas, plus a Banfield hospital in Wilmington, North Carolina. The company said those hospitals could create up to 195 jobs. That is the jobs figure for the hospital projects, not a total for the full $1.4 billion plan.

Mars said it has invested more than $9 billion in domestic operations since 2017. Chief Financial Officer Claus Aagaard said 94% of Mars products sold in the United States are made in the country.

The new commitment is for a different period than the $2 billion U.S. investment plan through the end of 2026 that Mars announced in July 2025. Tuesday’s announcement describes the company’s planned investment for 2027.

The company also outlined earlier projects as background to its expansion. In Salt Lake City, Mars invested $60 million in two Trü Frü manufacturing lines inside its Nature’s Bakery factory. It said the new lines will have capacity for 17 million frozen Trü Frü products a year.

At Waco, Texas, where the company is marking 50 years of operations, Mars said it has invested $165 million since 2024, with recent projects focused on energy efficiency and operations. The plant makes Snickers, Starburst and Skittles.

A separate $49 million investment at its Columbus, Ohio, wet pet-food factory is bringing Temptations Lickable Treats production to the United States, with planned capacity of more than 400 million pouches a year. These earlier projects are not presented as a newly announced breakdown of the 2027 budget.

Mars said it employs 80,000 people in the United States and operates more than 60 factories, research labs and offices, as well as more than 2,000 veterinary clinics and hospitals. The company said its Kellanova acquisition added 15 facilities in the past year.

For communities and suppliers, the announcement signals planned spending on production capacity, facilities and veterinary services. Mars did not provide a complete project-by-project allocation or an overall jobs target for the $1.4 billion commitment.

JBizNews Desk | Business

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Illustrative archive: Ukrainian flags outside the Riga Congress Centre in Latvia, July2024, not the AbuDhabi meeting.

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Tony Webster / Wikimedia Commons / CC BY 2.0

ABU DHABI – The United States, Ukraine and European partners said Tuesday that any future peace arrangements must respect sovereignty and territorial integrity and provide credible security guarantees for Ukraine, while affirming that a strong NATO will remain central to collective defense.

A joint statement published by the European Council covered a coordination meeting in Abu Dhabi involving the European Union, France, Germany, Italy, Britain, Ukraine, the United States and NATO. It set out shared aims for the negotiating process, not an agreed peace settlement.

The statement described the meeting as taking place ahead of trilateral discussions with Russia. It is separate from the Ukraine-U.S.-Russia format whose start Ukrainian negotiator Rustem Umerov announced earlier Tuesday, as JBizNews reported.

The participants said future arrangements must respect independent decision-making, as well as sovereignty and territorial integrity. Their shared objective is a practical security framework that strengthens Ukraine’s long-term security and builds confidence needed for a negotiated settlement.

They also discussed how to build on existing European security institutions and agreements after the war, including mechanisms to manage risk and avoid dangerous escalation. The statement reaffirmed a commitment to a strong postwar European security framework and said NATO would remain central to Euro-Atlantic collective defense.

The European partners, Ukraine and the United States said they would continue coordinating throughout the negotiating process, with the objective of moving toward broader multilateral discussions involving European partners and achieving a lasting peace.

The statement does not announce a ceasefire, a territorial settlement, a finalized security guarantee or an agreement with Russia. It does not place European or NATO representatives in the separate Russia-U.S.-Ukraine negotiating room.

The new statement adds a shared account of the coordination meeting’s priorities to the earlier announcement that trilateral talks had begun. Security guarantees and the role of European partners remain objectives of the process rather than completed arrangements.

JBizNews Desk | Global Affairs

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An empty shopping aisle at Langenstein's grocery store in Uptown New Orleans, October2021archive photograph.

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Infrogmation of New Orleans / Wikimedia Commons / CC BY-SA 4.0

NEW YORK – The October inflation report arrives at 8:30am Eastern time today, and stock futures were mixed ahead of it after Monday’s rally. Delayed quotes from around 7:48am Eastern showed Dow futures up 0.3%, S&P 500 futures little changed and Nasdaq-100 futures down about 0.5%.

The Bureau of Labor Statistics releases the October Consumer Price Index at 8:30am, according to its schedule. The bureau says it was unable to publish October 2025 indexes for most CPI series during last year’s funding lapse, so over-the-year comparisons cannot be produced for those series in this report. The last full reading, for September, showed prices up 0.6% for the month and 3.7% over 12 months, with gasoline prices jumping 9.1% in that month alone.

Monday gave the market plenty to digest. The Dow Jones Industrial Average surged 1,104 points, or 2.2%, to close at 52,389.75, the S&P 500 rose 2.3% to 7,549.94 and the Nasdaq Composite gained 2.7% to 25,253.14, while oil prices also fell.

The oil slide continued overnight. U.S. crude futures were down 2.0% to $85.15 a barrel in a delayed quote from 7:48am Eastern.

Nvidia fell 4.3% on Monday, in contrast to the broader market rally. The company’s board said Sunday it has opened an independent investigation into reports that chief executive Jensen Huang was the target of a foreign intelligence effort, adding that it has “no reason to believe that either national security or NVIDIA secrets were compromised.”

Gold futures were down 0.7% to $4,084.20 an ounce in a delayed quote from 7:48am Eastern. The 10-year Treasury yield stood at 4.89% as of 7:57am Eastern.

What it means for you: Today’s 8:30 report measures what you actually pay for groceries, gas and rent, and can affect the outlook for interest rates and borrowing costs. Prices were rising 3.7% a year as of the last full report, faster than the Federal Reserve likes, and September’s jump in gasoline prices was the biggest driver. Lower crude prices can ease pressure on fuel costs if the decline holds, though retail gasoline prices do not move in lockstep with oil futures.

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Liquefied natural gas exporter Venture Global shipped its first cargoes four years ago. In July 2027, the rapidly growing company will begin starting up its third major facility, CP2 LNG, well ahead of schedule in southern Louisiana, cofounder and CEO Mike Sabel said Tuesday.

By the end of next year, Venture Global (VG) aims to become the world’s top LNG exporter by volume—ahead of rival Cheniere Energy and even above QatarEnergy. That’s even if Qatar’s damages are fully repaired from the ongoing Iran war.

And, now, VG plans to turn excess land and gas-fired power at its campuses into major hyperscaler data center hubs with 5 gigawatts of power available by 2031—enough to power nearly 4 million homes—and doubling to 10 gigawatts of capacity by 2034, Sabel said.

“We believe we have built the largest electric industrial grid in the world, and it’s on an island,” Sabel told Fortune. “We can just expand what we already have, and we can build data center infrastructure and provide exactly what the market needs, which is total island mode. We’re off the water utility, and we’re off the grid, so we don’t impact consumers at all.”

Venture Global, which made its debut this year at No. 328 on the Fortune 500, is expanding its contracts with GE Vernova and Baker Huges to provide the necessary gas-fired turbines and transformer equipment. “We’ve engineered and designed the grid, commissioned the grid, operated the grid, and now we can expand it,” Sabel said.

VG operates two massive LNG export hubs—Calcasieu Pass LNG in southwestern Louisiana and Plaquemines LNG in southeastern Louisiana. CP2 is adjacent to Calcasieu Pass. Sabel said each of the two campuses can serve as a “turnkey AI utility.”

“We have a huge footprint. It’s a potential mega scale of infrastructure that we hope the customers will find attractive,” Sabel said. “That’s when we’re in the market testing to see. I think they will. We own incredibly scarce equipment now, expanding our frame agreement with GE. This is very unique.”

While some states are now facing potential data center pauses after the midterm elections, including neighboring Texas, Louisiana has data center-friendly leadership that stayed in Republican hands. And VG is offering its services behind the meter and off the grid. SpaceX already is planning to build its new Starbase campus about 70 miles from Calcasieu Pass.

Different approach

Venture Global built out its business at an unprecedented pace by designing smaller facilities that are easier to replicate at scale, and by signing on customers at cheaper, long-term contracts than its rivals. By building more quickly and bringing on each facility one at a time—each gas liquefaction train—VG has brought in higher profits on spot markets before the entire facility is completed and the new contracts kick in.

For instance, Plaquemines LNG has shipped cargoes throughout the Iran war—helping make up for the loss of Qatar’s supplies—but the commercial contracts just started at the end of October once phase one was fully completed and commissioned. Customers have sometimes criticized the approach, arguing the contracts could have started sooner and battling it out in court.

At the same time, VG contends it has done more to help supply Europe and Asia with gas during the war than other companies by bringing Plaquemines LNG on early.

As VG completes additional phases of growth at each of its campuses, the company plans to exceed 100 million metric tons of LNG export capacity per year by 2030. For comparison, at the beginning of 2025, the entire U.S. had about 100 million tons of LNG capacity.

Venture Global reported its third-quarter earnings Tuesday. VG posted $2.55 billion in quarterly net income, up from $429 million in the same quarter last year. VG’s stock had already risen 73% this year prior to earnings.

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Board members are busy putting AI to work, using it to summarize lengthy papers, track market trends, and answer their questions. But some boards are going one step further and giving AI a seat. 

Diligent, makes software that directors use to share documents and run meetings. When its boss, Brain Strafford, told one chief executive about the company’s new board bot, their response hinted at where the technology may be headed. “I love the idea,” they said. “I’d immediately replace a couple of my board members with AI.” He then asked whether it could be priced at half what he pays his directors. “I want to make them nervous,” the CEO said. 

The exchange, though spoken half in jest, raises a serious question: How far can, and should, AI go in the boardroom? While many executives remain hesitant about using AI in this setting, others are experimenting with creating digital replicas of colleagues to rehearse potentially difficult boardroom discussions, according to Stafford. 

In April, Lloyds Banking Group became the first FTSE 100 firm to acknowledge it deploys an AI agent to support boardroom activities, The Times reported. Its executives and directors reportedly use the bot for agenda planning and analysis before high-level meetings, and to help mitigate human bias. 

Pippa Begg, chief executive of Board Intelligence, which builds AI software for boards, says that AI could eventually sit in on meetings and be “able to almost interrupt and say: ‘Hang on, I think you’re falling into this trap.’ Or: ‘I disagree.’” However, giving it a formal legal vote, she added, would be “a dangerous leap.” 

AI brings clear advantages to the boardroom, says Joanne McEnteggart, global head of debt, capital markets, and corporate at IQ-EQ, a fund-services firm that administers around 30,000 board meetings a year across 25 countries. “AI can assimilate information quickly and dissect years of data,” she says. “It removes emotion, stress, and bias, and can call out a director who seems to be deciding against the facts.” 

Some boards have reportedly used it to break a stalemate during discussions, a role usually played by the chair, McEnteggart adds. 

For now, she notes, it mostly summarizes board papers and tidies up minutes. But even that is changing how directors prepare. One director she has known for years has started asking questions they never would have before. “That’s good,” she says, “because it challenges thought.” 

“I’d immediately replace a couple of my board members with AI.”

One place Stafford sees AI playing a big role is reducing boards’ reliance on external advisors, with AI specialists filling gaps in directors’ knowledge. “Clients are asking for a Middle East expert, a sustainability expert, a futurist,” he says.  

One chief executive uses AI to play the role of an activist investor to provide a dissenting voice. At one acquisitive company, a director asks the AI to argue against every deal. With no one around the table having to play devil’s advocate, Stafford says boards can avoid “awkward” arguments.  

Not everyone is convinced. There is a risk AI could become a new source of boardroom groupthink if directors lean too heavily on a tool few fully understand, says Mark Freebairn, head of the board practice at search firm Odgers. “I sometimes feel like I’m the only person that’s seen Terminator 2,” he says.  

People think that AI is impartial and makes decisions with “zero emotion, zero human risk of bias,” he says. “How can you test what an algorithm tells you is right? That feels like one hell of a risk.” 

Where to draw the line 

As AI’s role shifts from notetaker to sparring partner, boards are deciding where to draw the line. Nearly half (49%) of directors say their board is actively reviewing which decisions should continue to be made by humans as the capabilities of AI improve, according to a survey of more than 400 directors, CEOs and CFOs by Board Intelligence.  

However AI is used, it cannot take on a director’s legal responsibilities. McEnteggart says: “A bot cannot be held personally responsible in law nor can anyone vouch that it is fit and proper to sit on a board.” 

Freebairn is aware of boards that have given a bot a seat and a vote, though it remains “very uncommon.” Doing so, he says, means “accepting a robot adds as much value as a human”. 

Kazakhstan’s sovereign wealth fund, Samruk-Kazyna, appointed an AI board member called SKAI and gave it voting rights last year. Its chief executive says SKAI “voted on all the items” at its first meeting, but the country’s financial regulator says the appointment breaches national law. SKAI remains on the board as a pilot, according to a recent filing. 

“A bot cannot be held personally responsible in law.”

Joanne McEnteggart, global head of debt, capital markets, and corporate at IQ-EQ

Abu Dhabi’s International Holding Company, the UAE’s largest listed firm, gave a non-voting seat on its board to an AI called Aiden Insight. The AI has issued statements in its name, in which it describes itself as “a C-level AI entity.” 

Deanna Strable, chief executive of Principal Financial Group, who also sits on the board of health insurer Elevance Health, doubts this will become mainstream, though she will not rule it out. “My gut answer would be no. But so much has happened in the past year.” If it does happen, she expects AI’s vote to be advisory rather than decisive.  

The governance gap 

A lack of guidance on how directors should use AI represents another risk. Half of U.S. public companies lack a board-specific AI policy and only 14% have given directors company-approved AI tools for board work, according to a survey by Deloitte and the Society for Corporate Governance. 

Board papers are among the most sensitive documents a company holds, routinely containing unannounced deals, unpublished results, and succession plans. Many directors are retired executives without access to enterprise AI tools, Stafford notes, so they fall back on consumer chatbots that offer weaker data protection. Upload them to ChatGPT, Stafford warns, and it will have them “forever.” Boards need to be clear on “what company data is going where,” McEnteggart adds.  

Two-thirds of directors and executives say their boards have limited or no knowledge of AI, according to a separate 2025 Deloitte survey of nearly 700 respondents in 56 countries. “Most board members do not understand the complexity of rolling this out,” Strable says.  

Seven in ten large European companies now have defined board oversight of AI, according to proxy advisor Glass Lewis, but that covers how companies use AI, not how directors themselves do. 

As AI is used more frequently to inform board decisions, the role of directors risks changing. “If you take humans out of judgment,” Freebairn says, “there’s nothing else we offer really.” 

Research suggests judgment and trust are where humans still have the edge. In a test by Wharton and INSEAD researchers, a board of AI chatbots outperformed six human boards on decision quality and use of evidence, but it struggled to build trust. The researchers concluded that AI is better used to stress-test a board’s thinking than to replace it. 

Even the CEO selling a board bot urges restraint. “AI slop is a big issue, so you don’t want that creeping its way into the boardroom,” Stafford says. “More is not always better. It is just more.” 

This story was originally featured on Fortune.com

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For one mother of three, leaving an abusive relationship meant having to build her life again – and finding people who understood why that could take time.

“People think you just snap out of it, and that’s not true,” she told a WIZO conference in Tel Aviv on Tuesday. “I was looking for a sense of belonging.”

She was among three women who spoke about rebuilding their lives through Tzomchot Yachad, Hebrew for “Growing Together,” a WIZO program that supports women and their children after leaving abusive relationships or shelters. Their accounts focused on what comes after the immediate escape: managing daily life, helping children feel secure, and finding people who notice whether you are there.

The conference, held ahead of the International Day for the Elimination of Violence against Women on November 25, examined prevention, protection and rehabilitation. For the women on the panel, recovery meant more than physical separation from an abusive partner.

“I found women who went through similar situations. I found a community,” the mother of three said. “People waited to see me and wanted to take care of me.”

 Abuse (illustrative) (credit: INGIMAGE)

Loneliness was ‘hardest thing’ about leaving shelter, mother of two says

Another participant, a mother of two, described leaving a shelter with her children and confronting a different kind of difficulty.

“The hardest thing was the loneliness when we got out,” she said.

She described how abuse could erode positive feelings, and how difficult that experience was to explain to someone who had not lived through it.

“Tzomchot is not just a community; it’s healing and opportunities,” she said.

The program combines weekly meetings and volunteer support with help accessing rights and services, finding employment, and strengthening parenting. It is intended to build a continuing network around women and children as they establish independent lives.

The program includes 12 communities across Israel, supporting approximately 200 women who have left abusive relationships and approximately 300 of their children.

The difficulties the program addresses can be practical and emotional. WIZO describes women leaving shelters as having to find housing and work after their lives have been interrupted, sometimes while coping with debts or financial commitments incurred during the abusive relationship.

Workplaces can also help recognize distress and connect women to support, Dr. Shlomit Kaminka, founder and CEO of the Israeli Society for Human Resource Management, told the conference.

“Sometimes we’re the people that see them more than their families,” she said.

Regular contact gives managers and human resources staff opportunities to notice changes in an employee’s behavior, she explained. Kaminka described a training program developed by the association and WIZO to prepare human resources professionals to serve as workplace contacts on violence against women, recognize warning signs and help managers respond sensitively.

“The way to get things going is from the bottom-up, to set facts on the ground,” Kaminka said.

Yasmin Rubin-Cooper, director of Sheatufim’s Drawing the Lines initiative to prevent intimate partner violence, described growing involvement by grassroots organizations. She also emphasized that men must be involved in prevention.

Rubin-Cooper: Men are part of the solution

“Men are 50% of the population,” she said, describing them as part of the solution.

For a third participant in the Tzomchot Yachad panel, a single mother who said her son has special needs, joining a community also meant overcoming fears about how her son would manage.

He was not verbal at the time, she said, and she worried about leaving him in the other room during the group’s activities. A few months later, she described a child who was talking, taking part, and asking for his friends throughout the war.

She had immigrated to Israel alone. She said she had felt guilty about raising her son without strong family connections, but had found friendship and a sense of community through the group.

“I finally feel like I can spread my roots,” she said.

The mother of two also spoke about the time children need to develop trust and learn how to communicate after growing up around violence. Finding the right support for them after leaving a shelter, she said, took time.

Their accounts gave concrete meaning to a question raised by philosopher and educator Dr. Shimon Azulay, who spoke about communities as places of healing: whether a person feels able to shape their life, or feels that life is being shaped for them.

Azulay described how growing up with poverty or violence could teach passivity. He distinguished that from laziness, explaining that the issue was a person’s sense of influence over their own circumstances.

The discussion also addressed rebuilding a sense of security while living through war. The mother who had immigrated alone recalled her son continuing to ask for his friends during that period, while Kaminka spoke about women facing the trauma of abuse alongside national trauma.

Business futurist Adi Yoffe discussed planning under uncertainty. Looking toward the coming decade, she argued that anticipating the future requires examining forces beyond day-to-day concerns, including war, geopolitical and social change, and technological developments. These disruptions, she said, have made it harder to anticipate even the immediate future.

The conference also addressed the responsibility of the wider public. According to WIZO’s summary of a survey it commissioned, 81% of respondents rejected the idea that domestic violence was a private matter in which others should not intervene.

Half believed that domestic violence had increased since October 7.

World WIZO CEO Marsel Asulin said public willingness to act needed to be matched by the ability to recognize distress and offer appropriate help. She also called for a government response with clear policies, targets and budgets.

“The fight against violence against women cannot rely solely on public vigilance or the work of civil society organizations,” she said.

The women described sustained support as changing how the raised their children and rebuilt their own lives.

“A whole family can be reborn,” the mother of three said.

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Prosecutors on Tuesday submitted a declaration of intent to indict a 42-year-old east Jerusalem man suspected of following a woman home from a nightclub, breaking into her Tel Aviv apartment and raping her, Israel Police said.

His detention was extended until Thursday. Police said the Tel Aviv District Attorney’s Office was expected to file an indictment in the coming days, along with a request to keep him in custody until the end of the proceedings.

The declaration marks the stage between the completion of the investigation and the filing of charges, allowing prosecutors to seek continued detention while preparing an indictment. 

The investigation began on October 12, when a woman in her 20s arrived at the Jaffa police station and reported that a man she did not know had raped her in her home in central Tel Aviv.

According to police, he followed her after she left a nightclub near her home. After she entered the apartment, he allegedly broke in and raped her in her bedroom.

Jaffa Police Station, August 1, 2023. (credit: MIRIAM ALSTER/FLASH90)

Suspect arrested on Election Day under court-issued warrant

Investigators collected testimony, carried out forensic examinations, and gathered technological evidence, police said. Officers arrested him on October 27 under a court-issued warrant.

Police said material found on the phone he was carrying when arrested allegedly linked him to indecent acts. 

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US Sen. Jon Ossoff’s soaring popularity and cruise to reelection last Tuesday have spurred speculation about his political future – and whether he might aim to become the first Jewish president of the United States. 

Less than an hour after polls closed on Election Night, he was projected to handily defeat his Republican challenger Mike Collins. With a campaign focused on expanding affordability and fighting corruption, Ossoff built a broad coalition in one of the nation’s most diverse states, even earning Republican endorsements. Ultimately, he retained his seat by 59%-41%. 

The leading polling analyst Nate Silver said Saturday that Ossoff was his “slam dunk number one pick” for a Democratic presidential candidate in 2028, despite Ossoff’s insistence that he has “zero interest in running for president.”

Ossoff’s Jewish supporters have expressed pride in his affirmation of Southern Jewish history while leading a state with a fervent Christian population. But other Jewish constituents have said they feel betrayed by his mounting criticism of Israel’s actions in Gaza, and it remains to be seen whether Georgia’s pro-Israel Jews would coalesce around Ossoff if he pursues the country’s highest office.

For Andrew Lewis, Ossoff is a worthy standard-bearer for the Jewish community. A board member of Atlanta’s oldest synagogue, the Temple – where Ossoff had his bar mitzvah – Lewis said the senator frequently cites the Temple’s role in the civil rights movement, a point of pride for Jewish Atlantans.

US Sen. Jon Ossoff, Democrat from Georgia, speaks during an election night party after winning reelection in the US midterm elections in Atlanta, Georgia on November 3, 2026. (credit: Erik S. Lesser / AFP via Getty Images)

In 1958, white supremacists bombed the Temple because its rabbi, Jacob Rothschild, advocated desegregation and allied with Martin Luther King Jr. Ossoff was sworn into the Senate on Rothschild’s well-worn bible.

“Our Rabbi Rothschild worked with Dr. King and helped shepherd Atlanta’s Jewish community, and our city and nation, through a very different yet equally divisive time,” said Lewis, who also co-founded the interfaith organization First Five Freedoms. “I take a great deal of pride in that, and I see every time Jon Ossoff speaks about it, he takes equal pride.” 

Ossoff has said his entry into politics began with an internship for Rep. John Lewis, the late civil rights giant, which helped spur his career as an investigative documentarian before he ran for office. 

Ossoff’s fellow Georgian in the Senate, Raphael Warnock, serves as a pastor at King’s former pulpit, Atlanta’s Ebenezer Baptist Church. When Ossoff and Warnock ran at the same time in the 2021 runoff elections for the state’s two Senate seats, they called attention to their rekindling of the Southern Black-Jewish alliance. 

Elise Eplan, a former president of the American Jewish Committee chapter in Atlanta, said she appreciated Ossoff’s references to his Jewish identity. Ossoff has said that his father descended from Ashkenazi immigrants and he grew up among relatives who were Holocaust survivors.

“When you grow up in the South, it used to be harder to talk about not being Christian, and being really open about it,” said Eplan. “I have admired the fact that he’s not shied away from that.”

Ossoff’s 2021 appeal to Atlanta’s Jewish community

During his 2021 run, Ossoff delivered a direct appeal to the state’s Jewish community in the Atlanta Jewish Times, saying his Jewish upbringing instilled “a conviction to fight for the marginalized, the persecuted and the dispossessed.” He noted to JTA in 2019 that his wife, physician Alisha Kramer, is also Jewish. The couple started dating in high school, according to the Atlanta Journal-Constitution.

Two years ago, Ossoff faced blowback from Jewish institutions for supporting Sen. Bernie Sanders’ resolutions to block certain weapons sales to Israel. The local Anti-Defamation League Southeast chapter, the Jewish Federation of Greater Atlanta, the American Israel Public Affairs Committee (AIPAC) and an array of synagogues said they were “deeply disappointed” by his votes for the resolutions, which did not pass.

In 2025 and 2026, he voted for further measures to restrict offensive military aid to Israel, while supporting defensive arms sales. 

Ossoff stood by those votes during a debate with Collins last month. He also said he had “no doubt” that Israeli forces committed war crimes in Gaza, deferring the charge of genocide as “a question for the International Criminal Court (ICC).”

Michael Morris, the publisher of the Atlanta Jewish Times, accused Ossoff in an open letter of “lying to me and your constituents” about his support for Israel by repeatedly voting against arms sales.

But when Ossoff emerged triumphant on November 3, the ADL offered him congratulations – despite denouncing other victorious Israel critics. 

ADL Southeast Director Todd Young rebuked Collins, Ossoff’s opponent, for links to white nationalists. “This race also underscored the importance of confronting antisemitism in Georgia politics,” he said in a statement. “Throughout the campaign, serious concerns emerged about individuals close to Mike Collins.”

Collins’ former staffers were accused of posting racist and antisemitic imagery and participating in a white nationalist group chat, while his son-in-law promoted antisemitic conspiracy theories online. Those controversies might have muffled Jewish groups’ objections to Ossoff’s voting record on Israel, according to Rebecca Stoil, a professor of US political history at Clemson University. 

“Ossoff, and his candidacy with Jewish voters, benefited from the clear concerns that Jewish voters had with Collins,” said Stoil, a member of Atlanta’s Jewish community. 

In his 2021 campaign, Ossoff accused his then-opponent, Sen. David Perdue, of antisemitic dog-whistling after a campaign ad depicting Ossoff with an elongated nose.

Ossoff says that he supports the security of Israelis as well as the safety and security of Palestinians. In a Senate speech in November 2023, he said, “Just as I pray for the freedom of hostages taken so cruelly from their families, as a pro-Israel Jewish American I urge mercy for the innocent civilians in Gaza.”

As a rising left flank of his party presses for the end of the US-Israel alliance, Ossoff continues to define himself as “pro-Israel.” He argued last month that before sending weapons to any ally, the United States should assess “whether that foreign government is acting consistent with our interests, our laws and our values.” 

Ossoff’s argument that one can be pro-Israel even while conditioning US aid has been increasingly embraced by the center of the Democratic Party, according to political scientist Dov Waxman. He pointed to surveys that capture a drop in sympathy for Israel among Americans, including American Jews. 

A new poll from J Street, a liberal Jewish Middle East policy group, reported that 39% of Jewish voters said defensive aid for Israel should continue with conditions, while 31% said all military aid should end and 30% said aid should continue without conditions. Among Jews under 35, 60% supported severing military aid and said that Israel has committed genocide in Gaza.

Waxman said those trends spelled both parties moving away from traditionally stalwart pro-Israel positions of delivering offensive and defensive aid to Israel with few conditions.

“I think Ossoff’s position is really the mainstream position now in the Democratic Party – the center of gravity,” said Waxman. “Which is to say, a position that broadly supports the continuation of the US-Israel alliance, but is not willing to write a blank check for Israel, and is not willing to support what the Israeli government does unconditionally.”

Eplan, the former AJC leader, said she was initially “concerned” about Ossoff’s votes to block offensive weapons sales in 2024. But three years into Israel’s prosecution of the war in Gaza under Prime Minister Benjamin Netanyahu, she said, “I understand it.” 

“Unfortunately, under Netanyahu, it has become more and more difficult to be pro-Israel in the way we always have been historically,” said Eplan. “I do think that we need leaders who understand some of the nuance, and who are willing when necessary to take a tough stand, but at the end of the day understand the importance of Israel as our ally and as a Jewish homeland.” 

If Ossoff decides to run for president, it would mark a new era in US-Israel relations. Democrats are not alone in increasingly scrutinizing the alliance. US Vice President JD Vance blamed his party’s crushing defeats in the midterm elections partly on “our relationship to Israel” and the Iran war, which the United States joined with Israel.

Trump announces halt to Israel aid by year’s end

US President Donald Trump announced on Election Day that the United States would halt military aid to Israel by the end of 2026, saying that Republicans “suffer the slings” from Democrats over the issue. 

“Now it is the policy both of the incumbent administration and of people like Jon Ossoff to limit aid to Israel,” said Stoil. “For voters who did care so much about Israel that it was going to be their basis for voting, the moment it becomes a bipartisan consensus to cut off aid, then you pick what most closely represents you on the other topics.”

Meanwhile, Israel is undergoing its own political change following elections on Oct. 27. The next president of the United States could face a new Israeli government after Netanyahu’s rival, Gadi Eisenkot, scored enough seats and endorsements from other parties to seek to form a new governing coalition.

Pro-Israel groups in the United States are already retooling for the next stage of relations. Kathy Manning, a former North Carolina congresswoman and chair of the advocacy group Democratic Majority for Israel, hopes a new Israeli government will pave the way for a renewed alliance that Democrats like Ossoff can support. 

“If the current government, Netanyahu and his far-right extremists, continue to be the leaders of Israel, I think that it’s going to be very tough for many Democrats to continue to stand shoulder to shoulder,” said Manning. “If the government of Israel changes and we see a Gadi Eisenkot coalition moving forward, I think that’ll be an opportunity for us to rebuild the US-Israel relationship.” 

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Majorities of Americans want the newly elected Democratic-majority US Congress to act to end the war with Iran and to repeal tariffs put in place by US President Donald Trump, signaling demand for quick action to address the high cost of living, a new Reuters/Ipsos poll found.

The four-day poll, completed on Monday, showed 71% of Americans – including 93% of Democrats and 51% of Republicans – want the US Congress to pass legislation ending the conflict with Iran that Trump launched alongside Israel in February.

Democrats won their largest majorities in the Senate and House of Representatives since at least 2008 in last week’s midterm elections, sharply rebuking Trump’s Republicans over high costs and an unpopular war. Democrats will take power when the new Congress is sworn in on January 3.

A smaller but still-significant share of respondents – 62% – said they would support an effort to repeal tariffs on imports put in place by the Trump administration.

The war with Iran has pushed fuel prices sharply higher, adding to inflation already stoked by the new taxes Trump put on hundreds of imported goods. Trump has defended the war as necessary to prevent Iran from acquiring a nuclear weapon. The tariffs, he has said, will boost American industry by protecting it from cheap imports.

Supporters react during a midterm election night watch party for Texas Democratic Senate candidate, State Rep. James Talarico at the Long Center on November 3, 2026 in Austin, Texas. (credit: Brandon Bell/Getty Images)

Democratic Party leaders have vowed to address cost of living concerns and say they will try to force an end to the war with Iran. Many in the party have also vowed to end Trump’s tariffs.

Both parties show desire for bipartisanship, cooperation

Large majorities of people in both political parties said it was important for Trump to make an effort to work with Democrats and for Democratic leaders in the new Congress to try to work with the president.

Nine in 10 respondents said cost of living issues should be a focus for the Congress during its first 100 days. Smaller shares wanted a focus on issues like artificial intelligence regulation, immigration reform and climate change.

But many Americans appear concerned Democrats will use their new power to launch legal proceedings against Trump. Some 42% of poll respondents said it would be “bad for the country” if the new Congress tried to impeach Trump, compared with 33% who said it would be good for the country. The rest weren’t sure or didn’t answer the question.

Democrats disagree on whether to impeach Trump, cabinet members

Congressional Democrats are divided on how to bring down healthcare costs, and also disagree on how aggressively to target Trump, including whether to impeach the president or members of his cabinet. Defense Secretary Pete Hegseth is expected to face a House impeachment vote this week, following a move by a Republican lawmaker.

While Trump said after the elections he would “probably” get along with Democrats, he also promoted Stephen Miller, a polarizing aide who has called the Democratic Party a domestic extremist group, to be his new White House chief of staff.

While the poll showed Trump’s approval rating near the lowest level of his political career, at 32%, it also showed Democrats were not particularly popular either.

Some 45% of Americans had a favorable view of Democrats, while 51% had an unfavorable view. Some 35% had a favorable view of Republicans, and 60% viewed them unfavorably.

Asked which party had a better approach to regulating artificial intelligence, which could be an important issue for Congress in the coming months, 28% picked Democrats, and 20% picked Republicans, while the rest said they weren’t sure or that neither was better.

The Reuters/Ipsos poll, which was conducted online and nationwide, gathered responses from 1,705 US adults and had a margin of error of about 2 percentage points.

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Get your daily dose of health and medicine every weekday with STAT’s free newsletter Morning Rounds. Sign up here.

Good morning! One of our items today concerns this year’s flu. In the course of my research, I learned that the virus is hitting teenagers and young adults especially hard. I offer one possible explanation for what’s going on below, but welcome your theories and other ideas. We’ve also got a round-up on a lot of cardiology research testing ideas that didn’t work, and why at least one doctor is excited about that.

Read the rest…

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Gilat Satellite Networks company buildings in a January2024archive photo.

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PETAH TIKVA, Israel – Gilat Satellite Networks cut its full-year revenue forecast Tuesday as delayed equipment deliveries, satellite launch schedules and revenue timing in Peru weighed on its outlook. Its Tel Aviv-listed shares fell nearly 12% in a delayed exchange quote.

The satellite communications company now expects 2026 revenue of $455 million to $475 million, down from $500 million to $520 million. It narrowed its adjusted EBITDA forecast to $61 million to $63 million from $61 million to $66 million.

The new ranges were set out in Gilat’s third-quarter results. The previous ranges had been reaffirmed in its August second-quarter release.

On the Tel Aviv Stock Exchange’s quote page, Gilat was shown at NIS 20.90, down 11.96%, as of 2:28 p.m. Israel time on November 10. The exchange labels its data as delayed by 15 minutes.

Based in Petah Tikva, Gilat makes technology that connects users through satellites, including ground systems, modems and antennas used in commercial and defense communications. Its equipment supports services such as internet connections on aircraft and communications for military users.

Chief Executive Adi Sfadia said some in-flight-connectivity terminal deliveries were rescheduled while the company worked through commercial terms important to profitability. Delays in developing and launching satellites also pushed back equipment orders. Agreements reached later than expected in Peru shifted some revenue into 2027, he said.

Sfadia also pointed to tougher competition from low-Earth-orbit providers that control more of their own service and equipment, as they gain share from traditional geostationary satellite providers.

Third-quarter revenue was $116.2 million, compared with $117.7 million a year earlier. Net income under U.S. accounting rules rose to $8.7 million from $8.1 million, but diluted earnings per share fell to $0.11 from $0.14 as the share count increased.

Non-GAAP net income, which excludes certain costs, rose to $14.3 million from $11.8 million. Non-GAAP diluted earnings per share were $0.18, compared with $0.19. Adjusted EBITDA rose to $17.6 million from $15.6 million, with a margin of about 15%, up from 13%. The adjusted figures are company-defined measures, not replacements for its results under U.S. accounting rules.

Defense revenue increased 53% from a year earlier, Gilat said. The company expects its planned acquisition of Comtech’s Satellite and Space Communications business to close by year-end, subject to closing conditions. The deal is not completed. Gilat expects it to more than double defense revenue in 2027 once completed.

The results show a split: defense activity and adjusted profit improved, while the lower revenue forecast reflects delays and pressure in other parts of the business. For investors, the immediate issue is when delayed deliveries and orders become recognized sales.

JBizNews Desk | Israel Business

© JBizNews.com. All rights reserved. Unauthorized reproduction or redistribution is strictly prohibited.

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In excerpt four of seven, Scott Cox outlines why plans should test alternatives, and introduces the 11×17 and assumptions-page tests

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SAN FRANCISCO – Anthropic launched the roadshow for its proposed initial public offering Tuesday, outlining an offer of 825 million Class A shares at an expected price of $70 to $78 each.

The Claude AI maker has applied to list on the Nasdaq Global Select Market under the symbol ANT, according to its announcement. The price range is a proposal, not a final price, and the company did not announce a stock-market debut date.

A roadshow is the stage when a company presents its business to potential investors before an offering. It helps investors assess the company and helps the sellers gauge demand for the shares. It does not mean the shares have already been sold.

Anthropic is offering 801,351,354 shares. Existing stockholders are offering another 23,648,646 shares, bringing the base offer to 825 million. Anthropic will not receive the money from the stockholders’ sales.

Multiplying the base share count by the proposed price range gives a gross offering size of $57.75 billion to $64.35 billion. That is arithmetic from the issuer’s terms, before fees and expenses, not the company’s net proceeds or a valuation of the whole business. It includes both the company’s shares and the selling stockholders’ shares.

Anthropic also expects to give the underwriters a 30-day option to buy up to 123,750,000 additional Class A shares. Those extra shares are not included in the base-offer calculation.

A registration statement has been filed with the Securities and Exchange Commission but has not become effective. The securities cannot be sold, and offers to buy cannot be accepted, before that happens, Anthropic said. The offering will be made only through a prospectus.

The roadshow comes after Anthropic’s recent Claude Fable 5.2 and Mythos 5.2 model announcement. JBizNews also previously covered the company’s public benefit fund pledge.

JBizNews Desk | San Francisco

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DOHA – Microsoft and Qatar’s Ministry of Communications and Information Technology have marked the availability of Azure OpenAI Service from Microsoft’s Qatar Central cloud region, giving local organizations a way to run generative AI models on infrastructure inside the country.

Microsoft and ministry officials highlighted the service at MWC26 Doha on Tuesday. The Microsoft announcement describes in-country access to Foundry models, including Azure OpenAI, for government entities and other organizations.

For an agency handling sensitive records, where the work is processed matters. The service is intended to let organizations use AI while meeting local data-residency and regulatory requirements, Microsoft said.

Microsoft said more than 70 public entities have already moved existing on-site computing infrastructure to Azure through its collaboration with the ministry. That figure describes earlier cloud migrations, not the number of agencies now using the newly highlighted AI service.

The ministry said local access supports its efforts to build Qatar’s digital infrastructure and improve government services under the country’s Digital Agenda 2030.

Microsoft listed planned uses that include checking citizen credentials, handling building permits, helping analyze cases, an economic-intelligence data hub, maritime navigation and a digital model of Qatar. These are planned applications, not a list of systems launched Tuesday.

Microsoft said its broader Foundry catalog contains more than 10,000 AI models. The company also said it plans to expand regional model offerings in Qatar. It did not say that every model in that global catalog is already available from Qatar Central.

The local service can support tools such as document analysis, assistants, content generation and knowledge search, according to Microsoft. The company said demand from Qatar’s public sector spans healthcare, transport, justice, economic intelligence and other government services.

JBizNews Desk | Technology

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A Quebec court sentenced Abdirazak Mahdi Ahmed, 23, to 66 months in prison on Monday, nearly three years after he was involved in a shooting at the entrance of Yeshiva Gedola, a Jewish school in Montreal’s Côte-des-Neiges neighborhood, approximately one month after the October 7, 2023, massacre.

The sentence followed Ahmed’s guilty plea in September and matched a joint recommendation submitted by the prosecution and defense.

“A person who commits this kind of an attack on schools is, in the eyes of this court, a coward,” Quebec Court Judge Pierre Labelle said during sentencing.

The shooting occurred on Sunday, November 12, 2023, shortly before 5:00 a.m. on Deacon Road in Montreal.

According to the Montreal Gazette, Ahmed and an accomplice arrived at the yeshiva in a stolen vehicle, and Ahmed fired a 9 mm handgun toward one of the building’s doors.

Ahavat Shalom Nusach Hoari Synagogue, November 8, 2023; Illustrative. (credit: SCREENSHOT/JTA)

He then entered the passenger seat of the moving vehicle, and the two fled the scene.

Police responding to the shooting discovered bullet holes in the entrance door and spent shell casings on the ground. The building was unoccupied at the time, and no injuries were reported.

DNA, cellphone records and undercover officer linked suspect to shooting

Canadian media reported that the getaway vehicle, an Acura, had been stolen the previous day.

Police located the abandoned vehicle several hours after the shooting and recovered ammunition, a ski mask, a surgical mask and latex gloves.

Investigators discovered Ahmed’s DNA on items recovered from the vehicle, while cellphone location data placed him near the yeshiva at the time of the attack.

Statements Ahmed made to an undercover officer placed in his detention cell also helped connect him to the shooting.

Montreal police arrested Ahmed on May 22, 2024, in the city’s LaSalle borough, approximately six months after the incident.

He has remained in custody since his arrest and pleaded guilty in September 2026 to one count of discharging a firearm.

His 66-month sentence includes credit for time already served.

Prosecutors say antisemitic motive could not be established

During the hearing at which Ahmed entered his guilty plea, investigators said they had been unable to establish that the shooting was motivated by antisemitism.

Prosecutors also stated that there was no evidence linking Ahmed to two separate shootings that occurred three days earlier, on November 9, 2023, targeting Yeshiva Gedola and another Jewish school, Azrieli Talmud Torah.

Both earlier shootings remain unsolved.

According to the Montreal Gazette, police arrested the alleged getaway driver, Joseph Pageau-Layto, 21, of Vaudreuil, in February 2025.

The charge against him relating directly to the shooting was subsequently dropped. However, prosecutor Jean-Christophe Ardanos said Pageau-Layto still faces charges connected to the stolen vehicle used in the attack.

According to court records, Pageau-Layto intends to plead guilty to the remaining charge later.

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The biotech PepGen said Tuesday that its experimental drug had shown, by one key measure, the most promising early data yet in the race to treat a muscle disorder that affects over 100,000 people in the U.S. and Europe.

PepGen is a latecomer to the fight to treat myotonic dystrophy type 1 (DM1), a condition that typically robs patients of muscle control and strength beginning around adolescence. Tuesday’s data come from six patients, who were treated for 12 weeks. 

Dyne Therapeutics is close to completing a pivotal trial for a DM1 drug. Novartis just announced that a DM1 drug it acquired in its $12 billion buyout of Avidity Biosciences failed to improve a key measure of muscle control in a Phase 3 trial, casting a pall over the field.

Continue to STAT+ to read the full story…

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Close-up of a Garmin Edge1050 cycling computer photographed August19,2024.

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OLATHE, Kansas – Garmin and Waze have introduced a feature that lets participating cyclists share their live location with nearby drivers using the Waze navigation app.

Riders with a compatible Garmin Edge bike computer or Garmin smartwatch can opt in through Garmin Connect when they start an outdoor cycling activity. Waze then shows a nearby participating cyclist as an active, moving icon on the road, according to Garmin’s announcement Tuesday.

The feature depends on the rider choosing to share. It does not make every cyclist visible in Waze. A compatible smartphone and the Garmin Connect app are also required.

Location sharing is temporary and tied to each riding session. Garmin said a cyclist’s personal information will not be shared or displayed in Waze.

The connection uses Garmin’s LiveTrack feature, which is free for users with a compatible bike computer or smartwatch. LiveTrack already lets riders share their real-time location, speed and planned course with family and friends. The Waze collaboration extends location awareness to drivers nearby.

For a driver, the new information is a heads-up that a participating cyclist is on the road ahead. For a rider, it is another way to make their location known without appearing by name in the navigation app.

Garmin and Waze describe the collaboration as an industry first. Garmin’s release says Waze is used by 200 million drivers worldwide.

The companies said the alerts are intended to improve awareness between riders and motorists.

JBizNews Desk | Technology

© JBizNews.com. All rights reserved. Unauthorized reproduction or redistribution is strictly prohibited.

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Oil, gas and water separation vessels in the Permian Basin in Texas, in a USGS archive photograph published December 2019.

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MIDLAND, Texas – Diamondback Energy and KKR have agreed to buy Five Point Infrastructure’s 70% stake in Deep Blue Midland Basin, the water-handling business that serves oil and gas producers in West Texas.

Diamondback already owns the other 30%. The purchase would put all of Deep Blue under the joint ownership of Diamondback and KKR when it closes. The companies did not disclose a purchase price.

The deal is for cash and is expected to close in the fourth quarter of 2026, subject to regulatory approvals and other closing conditions, according to the seller’s announcement. It has not closed.

Deep Blue supplies, moves, stores, recycles and disposes of water for energy producers. In simple terms, oil wells also bring water to the surface. That water needs to be collected and handled, rather than left at the well. A connected network gives producers a way to move it for treatment, reuse or disposal, while also supplying water for their operations.

The scale matters to Diamondback. Its chief executive, Kaes Van’t Hof, said the company’s core operations require reliable transportation of nearly 2 million barrels of water a day. He said buying the stake alongside KKR would secure that capability for the long term.

Five Point said Deep Blue manages more than 2.2 million barrels of water a day and has more than 2,000 miles of pipeline. The network was formed in 2023 as a joint venture between Five Point and Diamondback and grew through construction and acquisitions.

In the buyers’ announcement, the companies said the business helps producers reuse more water and rely less on freshwater supplies.

KKR said its investment will be funded mainly through KKR Global Infrastructure Investors V. The buyers did not disclose how ownership of Deep Blue would be split between them after closing.

Diamondback and KKR also said they see opportunities to work together on other infrastructure in the Permian Basin. Those discussions are separate from the agreement to buy Five Point’s interest in Deep Blue.

JBizNews Desk | Midland

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Bilt, best known for helping renters earn rewards on housing payments, is expanding into local commerce with a new artificial intelligence platform aimed at helping businesses attract customers while giving consumers more ways to earn rewards close to home.

The company announced Tuesday that it is launching “Bilt Neighborhood OS,” which connects with existing business systems for reservations, payments, customer management and loyalty programs to help merchants reach nearby customers, personalize offers and track spending.

For consumers, the expansion could mean earning rewards and receiving personalized offers at more restaurants, retailers and other businesses they visit near home. For merchants, it could mean reaching new customers without replacing their existing technology.

Bilt describes the launch as the “next evolution” of its business, expanding the rewards network it built around housing payments into a broader platform connecting consumers, neighborhood merchants and larger organizations.

“The last tech revolution transformed how businesses sell online, but it largely left behind the businesses that make our neighborhoods special,” Bilt founder and CEO Ankur Jain said in a statement.

GOOGLE EXPANDS VOLUNTARY BUYOUTS TO 5 COUNTRIES AS AI SPENDING FUELS COST CUTS

The move builds on Bilt’s network of more than 8.2 million members, who generated over $12 billion in rewarded commerce at local businesses over the past 12 months, the company said.

Launched in 2021, Bilt now reaches approximately one in four U.S. apartment buildings and expects to process more than $100 billion in housing payments this year.

The expansion includes two offerings through Bilt for Business: Neighborhood OS, which uses AI to help merchants attract customers, build loyalty and manage business activities, and Bilt Membership Platform, which allows organizations across sports, travel, hospitality, workplaces and financial services to create branded membership programs or extend existing rewards into local communities.

A neighborhood restaurant, for example, could use Neighborhood OS to identify potential customers, send targeted offers, recognize returning guests and automatically apply rewards through its existing point-of-sale system.

Bilt says its AI agents completed more than 2 million real-world actions across more than 29,000 businesses during the past 30 days, with 91% of those actions completed without human intervention.

The platform also includes Neighborhood ID, which Bilt describes as a privacy-preserving system for connecting customer experiences without exchanging raw customer data, and Neighborhood Pass, which allows eligible members to access personalized rewards and benefits at participating businesses.

To expand its reach, Bilt is partnering with payment and commerce companies including Verifone, Clover from Fiserv, Shift4, OpenTable and Grubhub. The partnerships could eventually make Neighborhood OS available to millions of merchants, with integrations and capabilities rolling out in phases beginning in 2027.

Bilt and Hyatt say they are also looking at how World of Hyatt members could be rewarded through neighborhood experiences with Bilt Neighborhood OS. Bilt added that it will partner with Meta in 2027 to provide education and business resources to small-business owners.

The platform is also giving $100,000 to the community development organization Local Initiatives Support Corporation.

“Our partnership with Bilt will test new ways to connect financial coaching and resources with people’s housing goals, including pathways to homeownership, with the goal of reaching more individuals, families, and communities across the country,” said Valerie White, head of National Housing Strategic Initiatives at Local Initiatives Support Corporation.

The company is targeting a sizable share of consumer spending. Bilt estimates that approximately $6.6 trillion in annual US retail and food-services spending occurs in person.

Its inaugural State of the Neighborhood study, conducted by 451 Research by S&P Global and commissioned by Bilt, surveyed 6,591 US adults. It found that two-thirds conduct at least 80% of their everyday spending within their neighborhood, while the median consumer shops within 15 miles of home.

The survey also found that 95% of respondents would try a local business at least once if they could earn points or rewards there, while 87% said rewards would make them more likely to shop at a local business more frequently.

Bilt is also expanding into professional sports, with the Phoenix Suns, Phoenix Mercury, Houston Rockets, Houston Texans, Houston Comets and Sacramento Kings planning branded fan loyalty experiences that could reward customers inside and outside stadiums, with phased launches beginning in 2027.

The effort follows Bilt’s $300 million acquisition of loyalty technology company LAVA, whose technology supports programs for 56 professional sports teams, according to the company. Bilt is also working with Mastercard to extend cardholder rewards into participating neighborhood businesses.

Jain said Bilt’s focus is on helping smaller businesses compete in an increasingly technology-driven economy.

“Our number-one goal is to grow small business,” Jain told Fox News Digital. He said the company wants to empower small businesses to “grow and win against large companies that have had an unfair advantage on them.”

Jain also warned that efforts to restrict AI development could hurt smaller companies that stand to benefit from the technology.

CLICK HERE TO GET FOX BUSINESS ON THE GO

“If you hamper AI, you’re hurting small business across America,” he said. “AI is going to be a great democratizing force in Congress.”

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Ever Logic container ship at Port of Los Angeles in September2015archive photograph.

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WASHINGTON – The United States has extended its suspension of Section 301 maritime fees and related trade measures against China through 11:59 p.m. Eastern Time on January 9, 2027, keeping the charges on hold while trade discussions continue.

The extension took effect November 9, according to a notice from the Office of the U.S. Trade Representative. During the suspension, parties do not build up liability for the covered maritime transport fees and are not required to pay them.

The notice also keeps specified duties on Chinese ship-to-shore cranes and other cargo-handling equipment suspended. Those covered duties do not accrue during the suspension either. The action is a two-month extension of a pause, not a permanent repeal of the measures.

USTR said the circumstances behind the original suspension remain in place and that the extension, directed by President Donald Trump, allows more discussion with China about the practices examined in its maritime, logistics and shipbuilding investigation.

The agency first decided on responsive measures in April 2025 and modified them that October. They included fees on certain maritime transport services and duties on Chinese cranes and cargo-handling equipment. A trade agreement announced in November 2025 led the United States to suspend the action for a year, from November 10, 2025, through November 9, 2026.

With that pause reaching its end, USTR proposed the further suspension on October 23, 2026, and invited public comments. The final notice extends the suspension through the end of January 9 and changes the relevant tariff-schedule dates to January 10, 2027.

For shipping companies and businesses moving goods, the immediate rule is clear: the maritime fees covered by the notice are not payable and do not accumulate during this period. The notice does not remove every shipping cost or every U.S. tariff on Chinese goods.

USTR received about 60 unique comments on the extension proposal. Supporters said a further pause would avoid higher shipping costs and business disruption and leave time for negotiations. Opponents argued that the measures were needed to encourage investment in American shipbuilding and related industries. The notice reports those arguments without presenting either side’s projected effects as established results.

The United States will continue discussions with China and efforts to expand domestic commercial shipbuilding capacity, develop its workforce and work with allies, USTR said. The agency will monitor the issues and consider whether to continue the suspension or take further action before the January 10 deadline.

JBizNews Desk | Washington

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Good morning. On Fortune’s radar today:

  • What did Jensen Huang know, and when did he know it?
  • Markets: Oil down, everything else up.
  • Leveraged ETFs are injecting volatility into tech stocks.
  • Chart: Countries ranked by their negative exposure to El Niño.
  • Zillennials’ self-promotion in the office—it’s called ‘loud working’—is driving their colleagues up the wall.

This story was originally featured on Fortune.com

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Every finance team member has some experience with a suspense account, the place where money/transaction remains parked when nobody can match it to an owner. Controllers watch it closely, because a balance you can’t trace to a person isn’t really an asset yet. America has just opened tens of millions of children’s accounts that will need the same kind of matching.

On Oct. 1 the Treasury said it had finished automatically creating investment accounts for more than 60 million children; with those opened earlier, the total is about 70 million. Babies born from 2025 through 2028 qualify for a $1,000 federal deposit. Michael and Susan Dell say they have now put $250 into the accounts of almost 25 million children. Unlike the federal seed, which arrives only after a parent claims the account, the Dell money was deposited without any claim. The money sits in low-cost U.S. stock index funds. BNY runs the initial accounts as the Treasury’s financial agent, with Robinhood as broker and initial trustee.

A week later, according to Bloomberg Law, Helen Morrison, Treasury benefits tax counsel, speaking in her personal capacity at an American Bar Association tax meeting, said roughly 164,000 of the 60 million new accounts had been claimed. That’s less than 1%. It’s early. The program will succeed or fail at the claim, not the deposit.

Two failures are already built into the design. The first is an account a parent never claims. Under the Treasury’s rules, a parent has to claim the account in an app, verifying identity and relationship, before the $1,000 federal seed arrives or relatives and employers can contribute. Without that claim, the federal money never arrives. An unclaimed account that received Dell’s $250 holds that deposit; one that got neither the federal seed nor Dell money is an empty shell opened automatically. The second is an account that was funded but lost at 18, when a young adult has to find it and prove it’s theirs. Both depend on paperwork families often lose.

Britain’s Child Trust Fund shows how the second failure plays out. Children born between 2002 and early 2011 got a fund seeded with at least £250; the state opened one when parents didn’t. In September, HM Revenue & Customs said that of roughly 3.8 million accounts matured since 2020, around 827,000, more than one in five, were still unclaimed, averaging £2,310 each. That’s roughly £1.9 billion still waiting to be handed back. Britain has set up a government-and-industry taskforce to find the owners. In the U.S., the National Association of Unclaimed Property Administrators estimates that about one in seven Americans has property sitting unclaimed with a state.

The firms holding these accounts should care for two reasons. One is compounding. A $1,000 seed earning 7% a year would be worth about $3,400 at 18 if left invested. What happens to a Trump Account that loses touch with its owner is still an open question. These are federally created IRAs for minors, and state unclaimed-property clocks typically don’t start until an account is payable or distributable, often not before adulthood, so the money probably stays invested. Growth is worthless, though, to an owner who never receives it. If America does no better than Britain, where more than a fifth of matured accounts sit unclaimed, millions of young adults will start out without the stake they were given.

The other is commercial. A custodian holding millions of tiny, unclaimed accounts carries the servicing cost and regulatory risk without the client relationship. A reachable owner is a future customer. A lost one is a liability.

The money abroad was stranded by a design that left tracking to the people least able to do it. Families move and lose letters; phone numbers change. Every institution knew whose money it was on day one, and over the years that link broke.

On a software go-live across seven entities across three continents, my team agreed with each stakeholder on who owned which activity, and major issues still arose months later. A sign-off before launch did not give us an owner for each balance; only a monthly check did. For a program that runs across the Treasury, the IRS and the custodian, bodies that do not always talk to each other, that monthly check matters even more.

The same discipline applies here. Each account should stay tied to the Social Security number, and whoever holds the account should check contact details against official records every year, as brokers already screen customers for identity and sanctions.

The rule I would change is the one that makes core money wait on a form. Israel’s savings plan for every child, running since 2017, deposits a monthly sum for every child receiving child allowance and pays the management fees until age 21. For about a third of children born in 2023, the National Insurance Institute reported, parents never chose a fund, so the money was placed by default, and still arrived.

The handover at 18 deserves the care a brokerage gives a product launch, not a letter in the mail. Well before that birthday, the young owner should be able to see the account on a phone, with a plain statement of what it holds and what it has earned. Israel adds a grant of 582 shekels at 21 for savers who leave the money invested.

Done well, this could be a powerful investor-education tool. A statement showing $1,000 growing over 18 years teaches compounding better than any lecture. A forgotten account teaches nothing, and on a custodian’s books it is just another balance in suspense.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

This story was originally featured on Fortune.com

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Prime Minister Benjamin Netanyahu will submit the appointment of Foreign Minister Gideon Sa’ar as the new interior minister to the Cabinet for approval on Wednesday, the PM’s Likud party confirmed on Tuesday.

Sa’ar is expected to keep hold of the Foreign Minister role in addition to his new ministry.

He previously held the role of interior minister from 2013-2014.

Before that, Netanyahu offered the interior minister role to MK Ofir Katz, Likud said.

However, Katz, the coalition whip, declined the offer in order to focus on coordinating the Netanyahu-led bloc’s “efforts in the Knesset,” Likud’s statement read.

The interior minister role has been vacant since Shas MK Moshe Arbel resigned in May.

This is a developing story.

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The Islamic Republic has sealed multiple restaurants across Gilan and South Khorasan provinces over allegations that the businesses had “failed to observe Islamic norms,” according to statements by police and Iranian organizations reported in local media.

Four café-restaurants in Fuman were sealed over alleged violations involving the observance of Islamic norms, Fuman police chief Hossein Ashouri told the semi-official Mehr News Agency on Sunday. He added that the managers of the sealed cafés had been referred to judicial authorities for legal proceedings.

Ashouri did not specify the alleged violations. However, cafés in Iran have previously been targeted for allowing men and women to sit together, permitting female patrons to go without mandatory head coverings, and playing music.

The Iranian legal advocacy network Dadbaan argued that, legally, citizens have the right to employment under Article 28 of the Constitution, and that restrictions on this right must be based on law.

“Under the Law on the Guild System, closing businesses also requires a specific violation and compliance with legal procedures. Therefore, a general reference to ‘failure to observe Islamic norms,’ without identifying the violations or the legal basis for sealing the premises, cannot by itself justify depriving citizens of the ability to engage in economic activity,” the network stated.

People walk past a banner with a picture of the late Islamic Revolutionary Guard Corps (IRGC) commander Mohammad Pakpour, in Tehran Bazaar, Iran, April 21, 2026; Illustrative. (credit: MAJID ASGARIPOUR/WANA (WEST ASIA NEWS AGENCY) VIA REUTERS)

Three Birjand cafés also closed, IRGC-affiliated media reports

Meanwhile, South Khorasan Province prosecutor-general Ahmad Ghasemi announced that three cafés in Birjand had also been sealed for failing to observe Islamic principles, according to the Islamic Revolution Guard Corps (IRGC)-affiliated Tasnim News Agency.

The three cafés were reportedly sealed after public complaints about their alleged failure to observe Islamic principles and violations of regulations on public decency.

Ghasemi said legal action would be taken against the businesses, adding: “Protecting public rights, preserving the legal and religious values of society, and preventing behavior contrary to public decency are among the responsibilities of the relevant authorities. Public complaints in this regard are carefully examined and pursued within the framework of the law.”

He added that “no establishment is permitted to disregard laws and regulations and thereby create conditions for behavior contrary to public decency and Islamic principles. Established violations will be dealt with without leniency and within the framework of the law. Where legally permitted, the closure and sealing of offending establishments will also be pursued.”

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Tensions have flared in recent weeks between Fatah and Hamas, less than a month after the two factions met in Cairo for Palestinian unity talks, amid disagreements over the disruption of humanitarian efforts and the alleged detention of released prisoners, according to official statements.

On Monday, Fatah rejected Hamas’s claims that the Palestinian Authority was failing Gaza, describing the movement’s earlier accusations that the PA was neglecting the territory’s humanitarian needs as part of a “disinformation campaign.”

In response to Hamas’s accusations, Fatah said it held the terrorist group “responsible for negligence and failure to intervene to save citizens and alleviate their suffering in the Gaza Strip.” It alleged that Hamas had summoned Palestinian Labor Ministry staff and aid workers in recent weeks and pressured them to sign pledges preventing them from carrying out their duties.

The reported disruptions to humanitarian work come as the region enters the winter season, with temperatures expected to fall to 11°C this week and potentially reach as low as 6°C later in the season.

Five Palestinians, including children, have already died after a sand embankment collapsed onto tents in Deir al-Balah following heavy rainfall, according to the Hamas-run Palestinian Civil Defense Agency. Jonathan Veitch, UNICEF’s representative for the Palestinian territories, has also warned that tens of thousands of tents have been flooded by the rain.

Hamas members stand at the funeral of Marwan Issa, a senior Hamas deputy military commander who was killed in an Israeli airstrike during the conflict between Israel and Hamas, in the central Gaza Strip, February 7, 2025. (credit: Ramadan Abed/Reuters)

“The movement calls for an end to the summoning and pressuring of employees, and for an end to obstructing the work of government and relief teams,” Fatah stated. “It urges that they be enabled to fulfill their duties without threats or interference, to protect citizens, preserve their dignity, and alleviate their suffering.”

Fatah says Hamas consistently summons its employees for questioning

Since Hamas seized control of the Gaza Strip in 2007, Fatah has repeatedly complained that the terrorist group has summoned its employees for questioning. In February, Fatah claimed that its members Ayman Halawa and Abdelaziz Al-Daour had been summoned by Hamas, condemning the move as divisive.

The anger over the reported interference in aid work also comes as Hamas and its officials have made several inflammatory accusations against Fatah and the Palestinian Authority. Late last month, Hamas accused the PA security forces of arresting released prisoners, activists, and civilians in a campaign across the West Bank.

Palestinian Information Center: PA security forces arrest released Hamas terrorists 

According to the Palestinian Information Center, which documents the detention of terrorists by both Israel and the PA, PA security forces arrested the released Hamas terrorists Ahmed Noah Harish, Khaled Brahmeh, Muhammad Abu Farha, Muslim Yasar Ishtayeh, Fawzi Bishkar, and Muath Ardaniya.

Describing the arrests as part of a “revolving door” policy by the PA, Hamas claimed the treatment of prisoners “compounded the suffering” of Palestinians.

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Six people were injured after extremist Israeli settlers attacked peace activist rabbis from the Rabbis for Human Rights organization near Kusra in the West Bank on Tuesday.

Footage released by the organization shows the settlers hurling rocks at the activists, as well as journalists documenting the incident.

According to the organization, a journalist and a Palestinian resident of the West Bank were among the injured, with the other four being Rabbis for Human Rights activists.

One of the victims was transported to a hospital for a head injury, while the rest sustained minor injuries, the organization said.

The activists said they contacted the police after noticing the settlers gathering on a nearby hill about 90 minutes into the olive harvest.

IDF soldiers stand behind a masked man swinging a slingshot while hurling stones at Palestinians who had gathered for the annual olive harvest season, during an attack by Israeli settlers on the Palestinian village of Beita, south of Nablus in the West Bank, on October 10, 2025.  (credit: JAAFAR ASHTIYEH/AFP via Getty Images)

Club-armed settlers attacked while IDF was present, activists say

The settlers, who the activists said were armed with clubs, then descended the hill and began their attack once IDF soldiers arrived on the scene.

The IDF fired tear gas at the attackers, but activists said the settlers began to attack again soon after from a different direction. Due to the attack, the Rabbis for Human Rights activists were forced to leave the area.

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Bank of Japan head office,February23,2019archive photograph.

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TOKYO – The Bank of Japan’s newly released summary of opinions from its October 29-30 monetary policy meeting shows differing views on how quickly to raise interest rates, with calls for patience alongside arguments for reaching a neutral level sooner.

The six-page summary, dated November 10 and released at 8:50 a.m. Japan time, records opinions presented at the earlier meeting. It is not a new interest-rate decision, does not identify the speaker behind each opinion and does not provide a named voting record.

Some opinions favored maintaining the policy rate at that meeting to examine economic and price risks or assess the cumulative effects of past increases. One said parts of the economy remained weak even though activity had recovered moderately overall.

Other opinions supported further tightening. One called for stepping up the pace of bringing the policy rate to neutral, arguing that financial conditions remained accommodative and the effects of earlier hikes had yet to materialize. Another urged reaching neutral soon while monitoring conditions for several months after each increase and seeking to “make haste slowly.”

The document also records caution about how much room remains. One opinion said the policy rate had already entered the estimated neutral-rate range and warned that another increase could weigh on the economy and push down underlying inflation. A different opinion said the neutral interest rate was likely “considerably above 1 percent.” That figure is an opinion in the summary, not a new institutional estimate issued by the Bank of Japan.

Several opinions described underlying consumer-price inflation as broadly consistent with the 2% stability target, while stressing the need to keep it anchored there. The discussion pointed to next year’s spring wage negotiations, firms’ pricing decisions and inflation expectations as areas to watch.

One opinion projected that year-on-year CPI inflation excluding fresh food would exceed 3% toward the end of the fiscal year. The summary presents that as a projection, not a newly reported inflation reading. Other opinions noted both the risk of inflation exceeding target and the delayed downward effects of earlier rate increases.

On activity, the discussion described moderate growth with some weakness, including limited momentum in private consumption. Opinions highlighted support from global AI-related demand but questioned how durable its effects through semiconductor materials, production equipment and data centers would be. Higher energy and raw-material costs were seen as a drag.

The summary also records calls to reassess the pace of exchange-traded fund sales, which began in January 2026. One opinion cited smooth sales and rising stock-market turnover; another urged reviewing the volume that could be sold with minimal disruption and considering corporate-governance implications of central-bank ETF holdings. These were views expressed in the meeting, not a separately announced new sales schedule.

Government representatives said they expected appropriate policy aimed at sustainably achieving the 2% target, close cooperation with the government and effective communication with markets. The document’s footnote explains that members and government representatives submit summaries of their remarks, which the governor then edits under his responsibility.

JBizNews Desk | Tokyo

© JBizNews.com. All rights reserved. Unauthorized reproduction or redistribution is strictly prohibited.

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Revolut London head office,June19,2025archive.Not an Israeli branch or license ceremony.

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Boubloub / Wikimedia Commons / CC0

JERUSALEM – The Bank of Israel has granted Revolut a conditional banking license and a control permit for “Revolut Israel Bank (in formation),” advancing the international financial group’s entry into Israeli banking without yet authorizing an unrestricted consumer launch.

Governor Amir Yaron and Banking Supervisor Daniel Hahiashvili completed their examination of the proposal, and Yaron handed the conditional license and permit to representatives of Revolut controlling shareholder Nikolay Storonsky, the central bank said in its November 10 announcement. The decision followed consultation with the licensing committee.

The license allows Revolut to continue preparations in regulation, technology and operations. Banking supervisors will oversee completion of the milestones needed to activate the conditional license and remove its restrictions, if those requirements are met.

The announcement did not give an opening date, a timetable for completing the milestones or details of fees, deposit rates or other products for Israeli customers. The conditional approval is therefore a licensing step, not confirmation that the new bank is already open for business.

The Bank of Israel said this is the third license granted to a new bank since December 2019, following an earlier period of about 40 years in which no new bank opened in Israel. It presented the decision as part of its effort to bring new competitors into banking.

Yaron said he had met Revolut’s leadership in London in late 2022 to encourage the company to enter Israel. He described the conditional license as a first step toward establishing the bank and characterized Revolut’s investment as a vote of confidence in Israel’s economy, banking system and supervision.

Hahiashvili said the regulator’s phased licensing framework and rules adapted for small and new banks were intended to lower barriers to entry. He said Revolut’s arrival had the potential to expand competition and the range of financial services available to households and businesses. That was his assessment of the opportunity, rather than a promised outcome for customers.

Shmuel Ben Zvi, chairman of Revolut Israel Bank in formation, said the group would adapt its international experience and capabilities to the Israeli market. Chief Executive Uri Nathan said the aim was to create competition through digital financial services. Neither statement set a consumer launch date.

The Israeli licensing decision is distinct from JBizNews’ earlier coverage of Revolut’s valuation and U.S. banking plans. The next steps in Israel depend on the bank completing the regulatory, technical and operational conditions set out by its supervisor.

JBizNews Desk | Jerusalem

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GCC Secretary-General Jasem Albudaiwi,left,with Ignazio Cassis in Davos,January20,2026.Archive,not the Manama defense meeting.

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MANAMA – Gulf Cooperation Council defense ministers approved opening a forward command of the Unified Military Command in Kuwait and allocating suitable forces to it, GCC Secretary-General Jasem Albudaiwi said Tuesday.

The decision was among those adopted at the 23rd session of the GCC Joint Defense Council in Manama on November 10, according to a statement from the GCC Secretariat. Bahrain’s Defence Affairs Minister, Lt. Gen. Abdullah bin Hassan Al Nuaimi, chaired the meeting, which brought together defense ministers from the council’s member states.

The announcement establishes approval for a forward command and an allocation of forces. It did not identify a force size, deployment date, specific location within Kuwait or funding arrangements. It also did not announce that the Unified Military Command’s entire headquarters would move to Kuwait.

Albudaiwi described the decision as part of efforts to strengthen joint Gulf military work and the member states’ ability to confront shared threats. He referred to directions from GCC leaders at their extraordinary meeting in Jeddah in April to reinforce military cooperation and protect member states’ security and sovereignty.

The secretary-general praised military coordination among GCC countries in responding to regional developments. He said their cooperation reflected a shared responsibility for protecting territory, national assets, citizens and residents.

In the same statement, Albudaiwi condemned what he described as Iranian attacks on GCC states and damage to civilian facilities and infrastructure. He also condemned Houthi attacks on Saudi Arabia, including what he said was the targeting of holy sites. Those descriptions were his statements; the release did not provide a new incident-by-incident account.

Albudaiwi said GCC countries stood together in support of Saudi Arabia and the measures it takes to protect its security, territorial integrity and holy sites. He described Saudi security as inseparable from that of the other member states.

He said the meeting’s agenda included other decisions intended to deepen military integration, but the statement did not set out their operational details. For the Kuwait forward command, the public announcement remains an approval rather than confirmation that a force has already been deployed.

JBizNews Desk | Manama

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Bank Melli building on Ferdowsi Avenue,Tehran,in a2008archive photograph.

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PARIS – Canada is reimposing sanctions on 11 Iranian entities, including National Iranian Oil Company, National Iranian Tanker Company and several banks, Foreign Affairs Minister Anita Anand announced Tuesday as G7 foreign ministers met in Paris.

The measures restore sanctions on organizations Canada delisted in 2016 following Iran’s progress under the 2015 Joint Comprehensive Plan of Action, the nuclear agreement known as the JCPOA. Ottawa said the new action targets entities contributing to proliferation-sensitive nuclear activities and the ballistic missile program, or financing what Canada described as the Iranian regime’s malign activities.

The Global Affairs Canada announcement said the sanctions are being reimposed under the Special Economic Measures (Iran) Regulations. A government backgrounder said the regulations prohibit persons in Canada and Canadians abroad from conducting specified financial or property transactions with listed individuals and entities.

The complete list comprises Nuclear Fuel Production and Procurement Company; Nuclear Reactors Fuel Company; Kala Naft; Naftiran Intertrade Company; National Iranian Oil Company; National Iranian Tanker Company; Bank Mellat; Bank Melli Iran; Bank of Industry and Mine; Export Development Bank of Iran; and Iran Insurance Company.

The scope spans nuclear-fuel companies, oil and shipping businesses, banks and insurance. The announcement concerns specified dealings with listed organizations, rather than a newly announced blanket prohibition on every transaction involving Iran.

Canada said it had eased its autonomous sanctions in February 2016 after the International Atomic Energy Agency reported that Iran had allowed verification activities and taken steps to restrict its nuclear program in line with the JCPOA. The government now says Iran’s failure to cooperate with the IAEA has heightened concern about its nuclear activities.

In its backgrounder, Canada pointed to the IAEA Board of Governors’ June 2025 finding of non-compliance with safeguards obligations and Iran’s subsequent suspension of cooperation with the agency. It also cited the return of UN nuclear-related sanctions in September 2025 and Canada’s implementation of those measures that month. Tuesday’s action is a further step under Canada’s own Special Economic Measures regulations.

“Canada’s position is unequivocal: Iran must never be allowed to obtain a nuclear weapon,” Anand said. She said Canada would continue working with G7 partners and the broader international community toward a verifiable, durable agreement addressing Iran’s nuclear program.

Ottawa said the reimposition aligns with efforts by like-minded partners to disrupt financial networks supporting Iran’s nuclear program and restrict access to sensitive technology and funding. It called on Iran to resume full cooperation with the IAEA and return to negotiations.

JBizNews Desk | Paris

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Illustrative2011Wikimedia network equipment archive,not xAIorGrokhardware

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NEW YORK – Elon Musk said Tuesday that Grok 4.8 has completed pre-training and entered reinforcement learning, with a limited rollout to Bot users planned for later this week. His comments described a development update and proposed testing, not a completed public model launch.

In a November 10 post on X, Musk said the team had dropped JAX and SGLang and rewritten the reinforcement-learning and inference software stack in C/C++. He said the rewrite had taken extra time.

“Training (aka pre-training) is done,” Musk wrote. He added that cleanup of supervised fine-tuning data had been needed, and that Grok 4.8 was now in reinforcement learning.

“We will do a soft rollout to Bot users later this week and see how it goes,” he said. The post did not specify a day, the size of the initial group or a timetable for wider availability.

Musk also said internal evaluations were beginning to improve. He did not provide benchmark scores, testing methods or independently verified performance results in the post. That comment therefore remains his assessment of development progress, not evidence of a measured advantage over competing models.

His description of Grok 4.8 was qualified: “It is not yet incredible, but, this time, the foundations are built right, so I expect it to evolve to be something special.” He said the new version would differ substantially from Grok 4.7, but did not publish a detailed comparison.

The update follows Musk’s earlier statement that Grok Bot fixes were underway to improve token efficiency and behavior. Tuesday’s post adds a model-training status and an intended limited rollout, rather than confirming that those earlier fixes are already available.

The distinction matters for users waiting for a new version: pre-training being complete does not mean the model has finished all development or has been released to everyone. Musk’s own description places Grok 4.8 in a further training stage, with a soft rollout still planned.

JBizNews Desk | New York

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Retailers across Asia are trying to find new ways to boost sales, whether it’s by giving shoppers more reasons to visit a retail location, or by using new technologies to reduce friction for customers, shortening the gap between attention and sales. 

Consumers are spending more on things “that are meaningful to their life, health, and happiness,” Chadatip Chutrakul, CEO of Bangkok-based retail mall developer Siam Piwat, said at Fortune’s Southeast Asia 500 Summit in Ho Chi Minh City, Vietnam. “Retail is just a part of it… It’s not [only] about shopping, but creating experiential destinations.”

In October, Siam Piwat announced ICONPHUKET, a retail and entertainment development in Thailand’s Phuket province. Scheduled to open in 2029, the project will include green spaces and health and wellness facilities alongside shops, residences, offices and hotels.

“Shopping malls in Thailand—and I think in Asia—are like a second home to customers,” Chutrakul explained. “So besides shopping, we [also try to] offer everything else.”

Malina Ngai, CEO of global drug and beauty chain AS Watson, agreed that today’s consumers need a reason to choose one particular retailer over another. “Ultimately, the retail game is about relevance,” she said. “It’s not so much about whether you have more products or technology… customers are looking for a brand that they trust.”

Online, social media and influencers are pushing consumers to develop relationships with brands faster. 

“[In the past], consumers built a relationship with a brand over [a span of] five years, but that cycle has been cut down to a couple of months now, because people start to adhere to a brand identity very quickly,” Saemin Ahn, managing partner at Rakuten Capital, the venture capital arm of Japanese conglomerate Rakuten Group, said.

Platforms also need to ensure views are turned into purchases. In February, Rakuten Ichiba—the company’s online marketplace—partnered with Google via the YouTube Shopping affiliate program, which allows viewers to tap ‘View Products’ during YouTube videos and navigate straight to Rakuten Ichiba’s webpage to make a purchase. 

“In Rakuten Ichiba, there’s about 40,000 to 50,000 merchants that we have to keep happy, and those happy merchants keep the users happy,” Ahn explained.

Physical retailers are also using new tools to help shoppers find what they need. AS Watson is using AI to study how customers shop in different sections of its stores, from supplements to oral and hair care, Ngai said. The aim is to identify where shoppers struggle and change the layout or signage to help them.

“If we know that they spend about 56 seconds on this aisle, and they couldn’t find the product they need, we would have to improve how we arrange our products, put up signages, and work with our suppliers to make it easier for customers to make decisions,” she said.

This story was originally featured on Fortune.com

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  • In today’s CEO Daily: A cautionary tale plays out at Nvidia.
  • The big leadership story: Anthropic’s new Claude models undercut OpenAI on price.
  • The markets: Up globally, with Nvidia shares rebounding in premarket trading after Monday’s slide.
  • Plus: All the news and watercooler chat from Fortune.

Good morning from Washington. I’m here for the B20 USA Summit, hosted by the U.S. Chamber of Commerce, which is also partnering with us for the Fortune 500 Innovation Forum in Detroit next week. I’ll bring you insights from conversations with leaders here tomorrow. Today, let’s look at the fallout of Nvidia CEO Jensen Huang’s affair with an alleged Chinese spy. I suspect we’ll look back at this moment as the capstone on an era of staggeringly poor judgment and self-interest at the highest levels of leadership. 

The cautionary tale starts with the CEO, a former dishwasher at Denny’s who created one of the most consequential and valuable technologies in history, only to tarnish that legacy with a colossal failure of judgment that put his company, career and possibly the security of both his countries at risk. (Huang is a dual citizen of Taiwan and the U.S.) It also includes board members who expressed “confidence in Jensen” when announcing their independent review. Add in the political leaders who’ve reportedly known about this potentially catastrophic conflict of interest for at least six months.

In any other period, at almost any other company, Huang would likely have been fired or put on leave for a lapse of this scale. Investors are no doubt furious as the stock dropped 4.3% yesterday and has lost more than a fifth of its value over the past month. The board is trying to find out the extent of the deceit. And tech CEOs may find Washington now demanding the kind of oversight that defense contractors take for granted. The lessons?

Beware the cult of personality. There’s much to admire about Jensen Huang, from his humble beginnings to his energetic keynotes, cool leather jacket and patina of common sense in a world where his peers can come off as a little odd. But focusing on a CEO’s personality can distract us from their actions. (Exhibit A: Elizabeth Holmes.) Huang’s so-called founder mode, with 60 direct reports and no 1:1 meetings, also creates a structure that makes him hard to replace. How do you develop a leadership bench when everyone reports to you? Nvidia is built around one man.

Beware the enamored board. Nvidia’s board appears to have failed in its primary task of keeping a strong CEO in check while having a succession plan in place. I was chatting with Yale’s Jeffrey Sonnenfeld yesterday, who described it as a “board imbued with idolatry” that appears to have no Plan B should Huang be judged unfit to lead. That’s not how this process is supposed to work. Done well, you get a board director like former Johnson & Johnson CEO Jim Burke, who, as an independent director at IBM, was key in replacing failing CEO John Akers with Lou Gerstner in 1993. Done badly, you get the debacle at HP, which in 2010 fired CEO Mark Hurd over a close personal relationship with a contractor—and falsified expense reports related to it—only to reach for outsider Leo Apotheker, who lasted less than a year.  

Beware unfettered AI leaders. Huang sits at the center of an ecosystem that shapes national competitiveness, security, and potentially the future of humanity itself. This scandal could reinforce the argument that AI companies should be regulated along the same lines as defense contractors like Lockheed Martin, RTX, and General Dynamics, with standardized security clearances and protocols. Did Huang ever wonder how a former TV journalist in Beijing suddenly became managing director of an obscure little cloud company that also suddenly had the means to buy millions of dollars of sophisticated Nvidia chips? Imagine the panic at learning the U.S. government knows you have a mistress and suspects she’s a spy for China’s Ministry of State Security. Did any government leaders feel an urgency to take action?

We don’t yet know how this ends for Huang. But the era of the unchecked CEO may be ending with him.

Contact CEO Daily via Diane Brady at diane.brady@fortune.com

This story was originally featured on Fortune.com

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The United States will experience two years of divided government, but a Democratic-controlled Congress could still influence economic policy.
President Donald Trump has said he could work with Democrats while reaffirming his position on vetoing legislation.
While much of the attention has been on the national level, the blue wave also swept through several states, including Texas, a key state for data centers.
Here’s how a Democratic Congress could affect the U.S. economy.
Data Centers
A chorus of Democratic lawmakers in both chambers has supported efforts to curb the artificial intelligence (AI) infrastructure buildout. But change could happen at the state level….
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Prime Minister Benjamin Netanyahu is experiencing significant anxiety over the possibility of Yashar party leader Gadi Eisenkot replacing him as prime minister, former Netanyahu adviser Nir Hefetz claimed on Tuesday during a 103FM interview

“Panic is a major factor in his decision-making,” Hefetz said. “I could almost close my eyes and hear that atmosphere of panic.”

Hefetz describes panic inside Netanyahu’s office

Describing the atmosphere in the Prime Minister’s Office, Hefetz claimed that urgent phone calls from Netanyahu’s wife, Sara, and son, Yair, were a constant feature during periods of political uncertainty.

“Urgent phone calls every five seconds with the same message from Yair and Sara,” he said, referring to the people surrounding Netanyahu, whom he described as including “Qatar’s representatives in the office or people like [Knesset Speaker] Amir Ohana.”

“If you were a fly on the wall, you would see the panic with your own eyes,” Hefetz said. “This is not unusual for him when his personal standing is at risk. It is a regular feature of how he operates when it comes to himself.”

Prime Minister Benjamin Netanyahu and his wife, Sara Netanyahu, speak with members of the public in the city of Beit Shemesh, just hours before polls close on Israel’s general election day, October 27, 2026. (credit: YAAKOV LEDERMAN/FLASH90)

Discussing the possibility of Netanyahu losing power, Hefetz argued that the transition to opposition would be particularly difficult for the prime minister and his family.

“Life at home would not be easy for him, to put it mildly. And don’t forget, he is someone who loves the respect he receives from world leaders,” Hefetz said.

“Will he sit on the opposition benches? Will he suddenly see Eisenkot with the motorcade, being taken everywhere by helicopter and flying on Wing of Zion?” he asked, referring to Israel’s official state aircraft.

“That triumvirate of Netanyahu, Sara and Yair would simply explode. For them, it would be worse than people being abducted to Gaza,” Hefetz claimed.

Netanyahu could offer concessions to Eisenkot to secure unity government

Addressing Netanyahu’s call for a national unity government, Hefetz suggested that the prime minister could become increasingly willing to compromise as Eisenkot advances toward forming a coalition.

“The closer Gadi Eisenkot gets to forming a government, the less Netanyahu will be willing to settle for,” Hefetz said, suggesting that Netanyahu could offer further concessions to prevent Eisenkot from taking office.

Hefetz argued that Netanyahu’s broader objective may be to prevent the dismantling of his longstanding political alliance with the ultra-Orthodox parties.

“When you take the Arab parties out of the equation, neither bloc can ever have a majority unless the ultra-Orthodox parties choose a side,” he said. “That is what has kept him securely in power since 2015, which is why his first move was to take the Arab parties out of the game.”

Hefetz suggested that opening coalition negotiations with Eisenkot could itself serve Netanyahu’s interests by slowing the process of forming an alternative government.

“The moment Eisenkot enters negotiations with him over a unity government, it becomes less urgent. But first, he needs to stop the snowball,” Hefetz said.

He added that negotiations could include political incentives, such as legislation modeled on the so-called French law that would provide legal protections for an alternate prime minister.

Eisenkot poses different political challenge than Bennett, Hefetz says

Comparing Eisenkot with former prime minister Naftali Bennett, Hefetz argued that Netanyahu views the former IDF chief of staff as a more formidable political opponent.

“Even during the first months when Naftali was prime minister, Netanyahu was in a terrible mood,” Hefetz said. “But there is an enormous difference between Gadi Eisenkot and Naftali Bennett.”

“Netanyahu knows this very well. Eisenkot is not afraid of him, and he knows he cannot mess with Eisenkot,” Hefetz continued.

“He won’t stammer ‘Yonit, Yonit,’ and Idit Silman won’t suddenly walk out on him,” he said, referring to Bennett’s political difficulties and the defection of Silman from his coalition in 2022.

Hefetz also cited comments by former minister Elazar Stern, who recalled Eisenkot saying that his experiences during the war had changed his perspective on political pressure.

“Gadi told me, ‘After everything I went through in the last war, nothing can touch me,'” Hefetz quoted Stern as saying. “And Bibi knows that.”

Hefetz argued that Eisenkot’s reputation and personal credibility could also help him secure support from potential coalition partners, particularly ultra-Orthodox parties.

“That is also his main weapon in forming a government,” Hefetz said. “If Eisenkot, with the reputation he has, tells the ultra-Orthodox parties, ‘You have my word that this is what will happen, and it will stay in this room,’ they can rely on that.”

Hefetz suggests Lieberman received assurances from Eisenkot

Hefetz also addressed the political conduct of Yisrael Beytenu leader Avigdor Lieberman, suggesting that his recent positions may reflect private understandings with Eisenkot.

“Do you think Lieberman is behaving the way he is without having received a promise from Eisenkot?” Hefetz asked.

“If he had not received a quiet assurance from him, he would be making his life extremely difficult,” he added.

Eisenkot received the mandate to form a government from President Isaac Herzog on Sunday, two days before Hefetz’s remarks, following the October 27 Knesset election. His efforts to build a coalition have included discussions over potential cooperation with ultra-Orthodox parties, while Lieberman’s position remains a central factor in the negotiations.

Losing premiership could affect Netanyahu’s corruption trial

Hefetz concluded by discussing the possible implications of Netanyahu losing office for his ongoing corruption trial.

He suggested that Netanyahu’s status as a sitting prime minister has influenced the court’s handling of his schedule and that a transition to opposition could lead judges to impose stricter attendance requirements.

“Have you considered how much his life would change?” Hefetz asked.

“The panel of judges sitting in the District Court, which allows Amit Hadad to run the proceedings, will tell him: ‘You will attend every hearing.'”

“The judges will take control, and he will sit there day after day,” Hefetz said.

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Defense Ministry Director-General Amir Baram is meeting with senior Moroccan defense officials this week, the ministry announced Tuesday.

The meetings included the National Defense Administration minister delegate, the Royal Moroccan Armed Forces (FAR) inspector-general, and other senior officials from the Royal Palace and the intelligence services.

Since the renewal of diplomatic relations in 2020 and the signing of the defense Memorandum of Understanding in November 2021, security ties between Israel and Morocco have grown significantly, including during the three years of war, the ministry said.

This growth in defense cooperation has defied the global trend of defense boycotts against Israel following the October 7 attacks.

The Jerusalem Post has met Moroccan officials in Israel and noted their undaunted interest in Israeli defense products.

Defense Ministry Director-General Amir Baram visits Morocco, November 2026. (credit: ROYAL MOROCCAN ARMED FORCES VIA ISRAELI DEFENSE MINISTRY)

Israel-Morocco defense deals executed under gov’t-to-gov’t agreements 

Most defense deals with Morocco are executed under government-to-government (G2G) agreements led by the Defense Ministry.

In a new move, Israeli defense industries are also supporting the establishment of an independent Moroccan defense industry through joint ventures and offset agreements.

The delegation also includes IDF representatives. 

The ministry noted that the FAR and the IDF have developed ties, including joint training across a range of fields.

During the visit, Baram will inaugurate the permanent premises of the Defense Attaché Office in Rabat, headed by Col. Sharon Itach, Israel’s first permanent defense attaché to Morocco.

Baram’s visit reflects strategy of deepening defense cooperation with allies

Baram’s visit to Morocco reflects the Defense Ministry’s strategy to deepen defense cooperation with friendly nations and expand defense exports to strengthen the IDF’s force buildup, influence foreign policy, and bolster the Israeli defense industry and economy, the ministry said.

“Morocco is not just another defense partner. It is much more than that,” said Baram. “Over the years, we have built a strong relationship founded on trust, mutual respect, Jewish heritage, and deep historical ties between our peoples. We intend to continue advancing the relationship between our countries to new heights.”

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The IDF is preparing for two major escalation scenarios involving Iran as the United States, steered by US Vice President JD Vance, continues diplomatic efforts aimed at reaching an agreement with Tehran and preventing a broader regional conflict.

The talks are focused on reopening the Strait of Hormuz and restoring international nuclear inspections in exchange for partially lifting the US blockade on Iran and releasing billions of dollars in frozen Iranian assets. Israeli defense officials remain on high alert as diplomatic efforts continue alongside limited US military strikes.

IDF prepares for US offensive, potential Iranian retaliation

The first scenario the IDF has prepared for involves the United States launching an extensive and particularly aggressive military offensive against Iran, targeting national infrastructure and military facilities in an effort to shorten the conflict and bring it to an end.

The second scenario involves Iran attempting a surprise attack against American interests and military bases across the Middle East, including IDF bases hosting US military personnel and aircraft.

IDF Chief of Staff Lt.-Gen. Eyal Zamir and senior General Staff officers have held discussions and situational assessments in recent days to review and validate operational plans.

IDF Chief of Staff Lt.-Gen. Eyal Zamir speaks at a conference of senior command staf at the Glilot IDF base on October 4, 2026. (credit: IDF SPOKESPERSON'S UNIT)

As a result of these discussions, Israel Air Force Commander Maj.-Gen. Omer Tishler and Operations Directorate head Maj.-Gen. Itzik Cohen did not attend the IDF Commanders’ Championship.

The assessments cover a wide range of scenarios and potential responses, aimed at ensuring operational readiness in the event of a surprise Iranian attack.

The military is also preparing for the possibility that Israel’s adversaries in its immediate and wider regional surroundings could become involved in an escalation, whether through a coordinated operation, misunderstanding, or miscalculation.

Israeli officials believe Trump prefers agreement over military confrontation

Meanwhile, Israeli defense officials assess that US President Donald Trump would prefer to avoid a military confrontation and resolve tensions through a diplomatic agreement.

However, Israeli security assessments suggest that the Iranian leadership views Washington’s preference for diplomacy as a sign of weakness.

According to these assessments, Tehran views the results of the US midterm elections, held on Tuesday, November 3, as a form of political “revenge” against the White House.

Israeli officials also believe Iran is unlikely to rush into signing an agreement and will instead maintain a hard-line negotiating position while attempting to prolong the talks.

US strikes Iranian military targets near Strait of Hormuz

In recent days, US forces have carried out limited strikes against Iranian military assets in the south of the country and around the Strait of Hormuz, including operations targeting air defense systems and missile launchers on Qeshm Island.

Additional reported operations have targeted Iranian military positions on Larak Island, while Iranian forces have retaliated against American military assets and vessels in the region. The timing and full extent of all the reported strikes have not been independently confirmed.

The military developments have unfolded alongside ongoing diplomatic contacts, highlighting the risk that limited exchanges could escalate despite efforts to reach an agreement.

Israeli security officials reject claims of heated Iran strike debate

Separately, Israeli defense officials addressed discussions held on November 1, two days before the US midterm elections, during which senior security officials reviewed potential scenarios and responses involving Iran.

Among the options raised was the possibility of a preemptive Israeli offensive against Iran, reportedly supported by the Mossad chief.

However, security officials said they considered the proposal and then dropped it, rejecting suggestions that the discussions involved unusually heated disagreements.

“The option was raised and then dropped just as quickly,” security officials said. “The discussion was professional and respectful. There were disagreements on some issues, but no arguments that got out of proportion.”

“The leaks from the discussion were politically motivated,” the officials added.

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Israel’s next prime minister will have little time to settle into office before confronting a series of interconnected foreign policy challenges, including relations with the United States, European pressure over West Bank settlements, Israel’s international standing, and the need to formulate policy on Iran and the Palestinian arena.

Above all, the next government will face a central political dilemma: how to conduct foreign policy under mounting international pressure when diplomatic compromises could trigger crises within the governing coalition.

US-Israel relations face new challenges after midterm elections

The most significant challenge will be in Washington. US President Donald Trump will remain in the White House, but the November 3, 2026, midterm elections, held one week ago, have reshaped the political landscape ahead of the new Congress taking office in January 2027.

Democrats have secured control of both chambers of Congress, according to election projections, creating new constraints on the administration’s ability to advance its agenda in the House of Representatives and Senate. At the same time, growing criticism of Israel among parts of the Democratic Party threatens to complicate Jerusalem’s relationship with the American political establishment.

For decades, Israel relied on broad bipartisan support in Washington, allowing it to maintain military assistance and strategic cooperation even during periods of diplomatic disagreement between the two countries. In recent years, that consensus has weakened, particularly over the war in Gaza, Israeli policy in the West Bank, and settlement activity.

The US Capitol building, during the US midterm elections, in Washington, DC, US, November 3, 2026. (credit: REUTERS/UMIT BEKTAS)

The shift has already been reflected in initiatives to restrict arms sales to Israel, demands for tighter oversight of American weapons and proposals to impose sanctions on individuals involved in settlement activity.

Although some of these initiatives were introduced as legislative proposals and never became binding policy, their advancement in Congress reflects declining support for Israel among some Democratic lawmakers. Political criticism could eventually lead to conditions on military assistance, delays in arms transactions, or increased scrutiny of how American military equipment is used.

Congress has considerable authority to influence the president’s foreign policy through budget approvals, oversight of arms sales, congressional hearings and requests for testimony from senior administration officials.

Relying exclusively on ties with Trump could therefore prove to be a mistake. The next prime minister and foreign minister will need to preserve their close relationship with the president while rebuilding communication channels with Democratic Party leaders.

Aligning too closely with one party risks deepening alienation from the other. Policy decisions made in Jerusalem to improve relations with Democrats could also face opposition from the Republican administration or Israeli coalition partners, depending on the composition of the next government.

Israel’s $38 billion US military aid agreement expires in 2028

Another strategic issue is the future of the multiyear US-Israel military assistance agreement, signed in 2016 and worth $38 billion over a decade, which expires at the end of fiscal year 2028.

The next government will have to prepare for a successor agreement at a time when American assistance to Israel is becoming increasingly controversial in US politics.

The current agreement provides $33 billion in military financing and $5 billion for missile defense programs over 10 years, subject to congressional appropriations. The arrangement is central to Israel’s ability to secure its long-term defense requirements and avoid restrictive conditions being attached to future assistance.

Negotiations over the next agreement will also address continued cooperation on missile defense development, Israel’s ability to acquire advanced munitions and the preservation of its qualitative military edge in the region.

Growing willingness among some American lawmakers to condition arms sales on Israeli policies could make it harder for Jerusalem to maintain defense arrangements that were once considered almost automatic.

The next US presidential election is scheduled for November 2028, two years from now, and Democratic candidates may adopt increasingly critical positions toward Israel.

Alongside managing relations with the Trump administration, the next Israeli government will need to prepare for the possibility of a significant shift in American policy when the next president takes office in January 2029.

European pressure over West Bank settlements threatens economic ties

In Europe, the next government is expected to face a different set of pressures, primarily concerning settlement activity in the West Bank.

Construction in settlements, the legalization of outposts and settler violence have become central issues in Israel’s relations with European countries. Beyond diplomatic condemnations, several governments have taken measures against individuals and organizations linked to violence in the West Bank.

Britain has imposed sanctions on settlers and organizations involved in violence, while the European Union has also adopted measures targeting individuals implicated in attacks against Palestinians.

The concern in Jerusalem is that such measures could expand beyond specific individuals and organizations, potentially affecting trade, research and institutional cooperation with Europe.

EU member states remain divided over how to respond to Israeli policy. Some advocate a tougher approach toward settlement activity, while others oppose sweeping measures against Israel.

The Foreign Ministry will need to engage European governments individually and make use of disagreements among member states to prevent the emergence of a unified position that could enable far-reaching action against Israel.

Sanctions under the EU’s Common Foreign and Security Policy generally require unanimous approval, although other measures follow different decision-making procedures.

The European Union is one of Israel’s most important trading partners, with relations extending to economic agreements, scientific cooperation and research and technology programs.

A worsening diplomatic confrontation could also affect these areas. Since major European decisions are subject to institutional procedures and, in some cases, the approval of member states, Israel’s diplomatic efforts will need to focus on both EU institutions in Brussels and national governments across Europe.

EU association agreement and Horizon Europe face potential risks

Particular sensitivity surrounds the EU-Israel Association Agreement, which provides a central framework for economic and political relations between the two sides.

Damage to the agreement, or the suspension of certain benefits under it, could carry significant economic and diplomatic consequences.

Research and innovation partnerships, particularly the Horizon Europe program, are also strategic assets that Israel will need to protect.

Suspending benefits under the Association Agreement and restricting Israeli participation in European research programs involve different legal frameworks and decision-making procedures, and their economic consequences are not identical.

If such measures advance, the government will need to work with EU institutions and member states to block their approval or limit their scope.

The next prime minister will also have to decide how to approach settlement construction, the legalization of outposts and law enforcement against settler violence, while assessing the diplomatic costs of those decisions.

The foreign minister will lead the diplomatic effort in Brussels and European capitals, seeking to prevent further measures against Israel and preserve existing cooperation.

Coalition disputes could restrict Israeli diplomatic flexibility

These decisions could place the prime minister in direct confrontation with coalition partners.

Restricting settlement construction or refraining from unilateral measures in the West Bank could help reduce international pressure, but such moves may face opposition within the government.

Conversely, agreeing to demands for settlement expansion could intensify disputes with Europe and undermine efforts to restore relations with the United States.

Coalition partners opposing government decisions could exert pressure by objecting during cabinet meetings, delaying legislation, voting against proposals in the Knesset, or threatening a coalition crisis.

Disagreements over settlement policy could also disrupt government activity in unrelated areas.

The challenge would become particularly acute if international demands involved changing existing Israeli policy.

Freezing construction projects, increasing enforcement against unauthorized outposts or taking steps to strengthen the Palestinian Authority could be viewed internationally as necessary diplomatic gestures but provoke fundamental disagreements within the coalition.

Even after adopting such decisions, the prime minister would need to ensure that coalition partners allow their implementation.

The more the coalition’s parliamentary majority depends on parties opposing concessions in the Palestinian arena, the narrower the prime minister’s room for maneuver will become in efforts to ease international pressure.

Israel’s international standing faces pressure from Gaza war, legal proceedings

Compounding these challenges is the continuing crisis surrounding Israel’s international image.

The war in Gaza, civilian casualties and international legal proceedings have intensified criticism of Israel among Western governments and international institutions.

The Foreign Ministry will need to contend with critical governments and public opinion, boycott campaigns and initiatives to restrict cooperation with Israeli institutions.

Proceedings at the International Criminal Court (ICC) in The Hague and cases before the International Court of Justice (ICJ) also shape the diplomatic environment in which Israel operates, although the two courts have different jurisdictions and legal consequences.

The ICC deals with the criminal responsibility of individuals, while the ICJ adjudicates legal disputes between states and considers legal questions referred to it.

The next government will need to coordinate efforts among the Prime Minister’s Office (PMO), the Foreign Ministry, and the Justice Ministry to address the implications of these proceedings for Israel’s international standing, visits by senior officials, and relations with countries committed to international judicial institutions.

Public diplomacy efforts alone will not be sufficient to improve Israel’s image. Much will depend on government decisions and developments on the ground.

The foreign minister will need to strengthen Israel’s diplomatic missions, restore damaged relationships and engage with political and public opinion leaders.

Gaza’s future, Palestinian policy will test Israel’s relations with West

The Palestinian issue will continue to weigh heavily on Israel’s relations with Western countries.

European governments will demand that Israel present a political horizon, while the next government will have to determine its policy toward the Palestinian Authority and its position on the future of the Gaza Strip.

Questions concerning civilian governance in Gaza, security arrangements, reconstruction and the involvement of Arab states will require close coordination with Washington, alongside independent decisions in Jerusalem.

A central dispute is likely to emerge over Israel’s desire to preserve freedom of military action in Gaza while countries involved in discussions over the territory’s future seek to establish a stable civilian administration.

Any future arrangement will have to address Hamas’s status, the responsibility of Palestinian institutions for governing Gaza, the involvement of Arab countries and mechanisms for monitoring reconstruction funds.

Each alternative would carry security, diplomatic, or political costs for the prime minister, and potentially all three.

Relations with Arab countries will also be heavily influenced by developments in the Palestinian arena.

The possibility of expanding normalization agreements, particularly a future agreement with Saudi Arabia, could depend on Israel’s willingness to present diplomatic measures that would allow regional governments to justify closer relations with Jerusalem.

The prime minister and foreign minister will need to consider how to preserve the achievements of normalization and advance regional cooperation without accepting commitments that conflict with government policy.

Iran nuclear program, intelligence coordination present strategic challenges

At the same time, the next prime minister will need to confront the Iranian threat and oversee the intelligence agencies operating under the government’s authority.

The Mossad will continue to play a central role in monitoring Iran’s nuclear program, countering threats beyond Israel’s borders and maintaining covert relationships with foreign intelligence services.

The Shin Bet (Israel Security Agency) will address terrorism threats and security challenges in Israel and the Palestinian arena.

The prime minister will need to build trust with the heads of these organizations, ensure the independence of their professional assessments, and strengthen coordination through the National Security Council.

The Iranian nuclear issue will also require direct diplomatic decisions involving Washington.

If the American administration chooses to pursue a diplomatic agreement over Iran’s nuclear program, Israel will need to determine which restrictions and verification mechanisms it demands, how to address Iran’s missile program and what freedom of action it seeks to preserve in the event of violations.

Disagreements between Jerusalem and Washington on these issues could affect intelligence cooperation, security coordination and Israel’s ability to mobilize international support for measures against Iran.

Iran’s activities through armed groups across the region will also require the government to combine security responses, coordinate with the United States, and engage diplomatically with regional countries.

Beyond establishing the priorities of Israel’s intelligence agencies, the prime minister will need to ensure that intelligence and professional assessments reach decision-makers without political interference.

Effective coordination among the Mossad, Shin Bet, IDF, and National Security Council will be essential.

The prime minister will also have to define the boundaries of responsibility and oversight governing these organizations.

Managing this complex security establishment will require preserving its professional independence and preventing institutional disputes from disrupting decision-making.

Foreign Ministry must secure role in Israeli policy decisions

The next foreign minister will also face questions concerning the Foreign Ministry’s standing within the government.

In a system where many major diplomatic decisions are made through the PMO, National Security Council and security channels, the foreign minister will need to ensure that the ministry participates in shaping policy rather than merely presenting decisions after they have been made.

Doing so will require a coordinated diplomatic network capable of identifying initiatives against Israel before they develop into formal decisions.

The ministry will also need to maintain regular contact with lawmakers and opinion leaders while presenting clear diplomatic positions.

Without full participation in the decision-making process, even an extensive diplomatic effort could be reduced to limiting the consequences of policies formulated without the ministry’s involvement.

Coalition stability could determine Israel’s foreign policy direction

Ultimately, Israel’s next prime minister will have to choose between interests that cannot always be reconciled.

Israel will need American support, cooperation with Europe and freedom of military action against regional threats.

Decisions that benefit Israel in one arena could create difficulties in another.

The most difficult political test will come when a measure intended to secure continued American military assistance, prevent damage to relations with Europe or advance an arrangement in the Palestinian arena faces opposition from within the government.

At that point, the prime minister will have to decide how far to risk the stability of the coalition to advance policies considered necessary for Israel’s security and international standing.

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A 14-year-old Palestinian boy was killed by IDF fire in the village of Burka, near Nablus in the West Bank, on Tuesday morning, according to Palestinian reports. The IDF said troops conducting an operation on the outskirts of the village identified several suspects allegedly preparing to throw stones at Israeli vehicles and opened fire.

Two other teenagers from Burka, aged 16 and 17, were wounded in the incident, according to the reports.

According to military sources, the troops had been positioned in an ambush targeting suspected stone-throwers. The 14-year-old was masked and accompanied by two other suspects who were allegedly preparing to throw stones, the sources said.

The soldiers opened fire in accordance with the rules of engagement, and hits were identified, according to military sources.

Israeli soldiers deploy in the West Bank city of Hebron as Palestinian residents protest against their forced displacement from their homes amid an ongoing Israeli military operation and restrictions on movement in parts of the city, November 1, 2026.  (credit: WISAM HASHLAMOUN/FLASH90)

Israeli security forces arrest 10 terror suspects in northern West Bank

On Monday, IDF troops, Border Police officers, and Shin Bet (Israel Security Agency) personnel arrested 10 suspected Palestinian Islamic Jihad (PIJ) terrorists in the village of Arrabe, in the Menashe Brigade’s area of operations.

According to the IDF, the suspects were involved in establishing terrorist infrastructure and planning an attack against Israeli civilians in the northern West Bank.

The operation involved soldiers from the IDF’s Paratroopers Brigade Reconnaissance Battalion and Duvdevan undercover counterterror commandos, who, alongside Border Police officers, raided ten separate locations simultaneously in order to capture the terrorists, who were affiliated with the PIJ terror group, guided by Shin Bet (Israel Security Agency) intelligence.

The 10 suspects were transferred for further questioning.

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A record 33 female MKs are set to be sworn in to Israel’s 26th Knesset on Tuesday, the 5050 Initiative announced, citing data from the “Choosing Wisely” project.

The announcement comes after the initiative’s CEO, Yael Yechieli, sent a letter to party leaders and President Isaac Herzog, in which she demanded equal participation in meetings between party leaders, the drafting of coalition agreements and government guidelines, and the allocation of ministerial portfolios and areas of responsibility.

Yechieli’s letter itself followed a KAN News report showing gender disparities in parties that had pledged to promote equality, including Yashar, B’Yachad, Yisrael Beytenu, and the Democrats.

According to the 5050 Initiative, which operates under the Centers for Social Justice, 21 of the total 33 female MKs are members of parties with equal representation between men and women, including Yashar, B’Yachad, and the Democrats.

Several parties have few women; haredi parties completely male

In contrast, Likud, the Joint List, Yisrael Beytenu, Otzma Yehudit, the Religious Zionist Party (RZP), and Ra’am each have fewer than five women in their parties.

Yael Yechieli. (credit: Courtesy Yael Yechieli)

In addition, each of the haredi (ultra-Orthodox) parties is completely male, with no women having served within them in their histories.

Of the 33 female MKs, 18 will be serving in the Knesset for their first time, with 13 continuing their service from the 25th Knesset and two returning from a previous Knesset.

Three of the women, Keren Turner-Eyal, Liran Avisar Ben-Horin, and Tair Ifergan, have served as directors-general of government ministers, while two, Tal Ohana and Oshrat Gani Gonen, have headed local authorities, the initiative noted.

An additional five, Transportation Minister Miri Regev, Gila Gamliel, Orit Farkash-Hacohen, Meirav Cohen, and Orit Strock, have served as ministers, with Strock being the only female MK in Israel’s 26th Knesset with no academic degree. Of the 87 male MKs, 24 have not completed higher education.

Yechieli: More work needed to reach 50% representation goal

Yechieli emphasized that, while the 26th Knesset is certainly a milestone, the initiative still has a lot of work to do to reach its goal of 50% female representation in every Israeli political party.

“I know that had we not been active over the past four years, we would see fewer women in this Knesset. What has happened within the right-wing bloc is a tragedy; women are gradually disappearing. On the other hand, our eyes are set on the future, toward the next elections.”

She added that achieving 50% representation “will be part of the healing process for the State of Israel. I am excited and happy that we have partners within the Knesset, both men and women, for whom the value of equality is a supreme principle, and I know that we will work together.”

Goldie Katz and Shir Perets contributed to this report.

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Reports on Monday indicated that Iraq was closing the Mandali border crossing with Iran in Diyala province. This is part of the US pressure campaign to cut off Iran’s land borders so that the regime can’t smuggle in weaponry.

Iraq is a key battlefield for Iran. It has numerous militias in Iraq that it influences, and it has carried out more than 1,000 attacks in Iraq since February.

Even as Iraq was closing one crossing, the country decided to reopen the Sheeb border crossing with Iran following weeks of closure, Rudaw media reported.

The border crossing battle is just one place where Iraq’s Prime Minister Ali al-Zaidi now weighs his next moves. He came to power earlier this year after an election in Iraq in November 2025 left the country uncertain for months. Al-Zaidi has received support from US President Donald Trump.

He has vowed to rein in Iranian-backed militias in Iraq. Initially, he wanted the militias disarmed by September 2026, when US forces left Iraq. However, the militias stalled, and he allowed them to keep their weapons until June 2027.

Fighters lift flags of Iraq and paramilitary groups, including al-Nujaba and Kataib Hezbollah, during a funeral in Baghdad for five militants killed a day earlier in a US strike in northern Iraq, on December 4, 2023. (credit: Ahmad al-Rubaye/AFP via Getty Images)

Zaidi weighing arrest campaign against Iran-backed militias

Now al-Zaidi is weighing whether to begin a campaign of arrests against the militias. Kataib Hezbollah, a key Iranian-backed militia in Iraq, has upped its rhetoric against al-Zaidi in the last days. It may have also been behind an attack on the Khor Mor gas field in the Kurdistan Region. It appears that the Iraqi leadership is careening toward a moment of decision.

On the other hand, al-Zaidi was apparently in Iran for a recent unannounced visit. In addition, an Iranian delegation went to the Kurdistan Region of northern Iraq for a meeting. Iran is also appointing a new ambassador to Iraq from Iran’s Islamic Revolutionary Guard Corps (IRGC).

All of this shows that Iran is seeking to have a heavy-handed policy regarding Iraq. Iran views Iraq as its near abroad, meaning it essentially views Iraq as a kind of extension of Iran. Iran works through Shi’ite parties in Iraq and the Coordination Framework in parliament, which is a group of Shi’ite parties. It also works through the militias.

In many cases, the militias are also parliamentary parties. Badr Organization is one example; it is both a political machine and a militia. This is the Iranian model for proxies in Yemen and Lebanon as well.

Iran often successfully outplayed other Iraqi leaders

The question for Iraq’s prime minister this week will be whether he will continue on his path of pressure on the militias, or if he will back down. Iran has often successfully outplayed other Iraqi leaders. It usually co-opts them or threatens them. It has threatened them in the past using militias. When the militias have not received what they want, they use kamikaze drone attacks or other means to intimidate adversaries.

They are also willing to spread economic havoc in Iraq. For instance, the attack on the Khor Mor gas field is an example of how they are willing to strike at strategic infrastructure. They identify a weak point, such as a gas facility that supplies a large amount of electricity needed for the Kurdistan Region, and they attack it, harming the lives of millions. 

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WASHINGTON — Three of the 10 states that haven’t expanded Medicaid could reconsider their holdout status now that Democrats have secured more power in state government. 

Texas, Georgia, and Wisconsin are among the states where major power shifts took place in the midterm elections. The Democratic governors-elect in all three made Medicaid expansion a part of their campaigns, though the GOP still holds majorities in part of the state legislatures in Texas and Georgia, which could complicate the path forward. 

“Before Tuesday, I would have not expected much activity in the 10 remaining states that have not expanded Medicaid,” KFF Executive Vice President for Health Policy Larry Levitt said, referring to the elections. “But I think that dynamic has changed.”

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Artificial intelligence is delivering health guidance at an unprecedented scale. Every week, more than 300 million people ask ChatGPT health questions. Now, the federal government is moving AI deeper into medical care to communicate directly and autonomously with patients. Chris Klomp, the nominee for deputy secretary of Health and Human Services, has called AI in patient care the agency’s “holy grail” for improving the nation’s health.

Government and tech leaders believe AI will benefit us because it is remarkably good at retrieving factual medical information. Although nearly all published safety evaluations focus on accuracy, it is only one dimension of safety. Measuring accuracy cannot detect a subtle form of harm: Even a factually accurate health message can change behavior in ways that make people less healthy.

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China just announced a new five-year plan that designates biotechnology as a national “pillar industry” and aims to displace the United States as the world’s biotech leader. Those ambitions threaten one of America’s defining competitive advantages — and they demand an urgent response.

America’s biotech sector supports nearly 10 million jobs and over $3 trillion in annual economic activity. It fuels advanced manufacturing growth, ensures our loved ones have access to the newest and most groundbreaking medicines, and strengthens our defenses against pandemics and biological threats. Losing our biotech lead would mean losing a pillar of both our economy and our national security.

Yet biotech innovation also depends on numerous interconnected players — from the university laboratories and startups that often pioneer new research to the trial networks and manufacturing facilities that bring medicines to patients. That means there’s no single policy that will protect our lead. Instead, we need a plan that strengthens every facet of our biotech ecosystem.

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