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WASHINGTON – President Donald Trump announced Monday that David MacNeil, the founder of the car-accessory maker WeatherTech, “will be the Special Envoy for Manufacturing.” Trump made the announcement in a post on his Truth Social account.

In the post, Trump praised MacNeil as a “GREAT American entrepreneur” who built a company that makes its products in the United States. He said the aim is to “bring back American jobs, strengthen our factories, and make sure that future products are MADE IN AMERICA.”

What the announcement does and does not say: it names a pick for the role. It does not say that MacNeil has been sworn in or has started work, and it does not describe any new law, tariff change or spending. It gives no job count, no description of what the envoy would do, no start date and no pay. The White House has not yet put out further details that we have seen.

Why it matters: factory jobs and bringing production back to the United States have been central themes of the administration’s economic message. Manufacturers and the workers they employ will be watching to see what authority, if any, the envoy actually has and how the role fits with existing trade and industrial policy.

Still unknown: whether the position is formal or advisory, who MacNeil would report to, when he would begin, and whether any policy steps will follow.

File photo: President Trump on a tour of the Ford River Rouge Complex in Dearborn, Michigan, on Jan. 13, 2026. MacNeil is not pictured, and the company shown has no connection to this announcement.

JBizNews Desk | Washington

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New York Stock Exchange facade, archive photo, not Nov. 9 trading.

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NEW YORK – Stocks rebounded sharply Monday, recouping part of last week’s sell-off in a single session. The Dow Jones Industrial Average jumped 1,104.02 points, or 2.15%, to close at 52,389.75. The S&P 500 rose 2.35% to 7,549.94 and the Nasdaq Composite climbed 2.74% to 25,253.14. The S&P 500 had its best day since April. It, like the Nasdaq, is still below the record highs it set last month. As we reported earlier this afternoon, the Dow was up about 1,220 points at one point; it finished with a gain of 1,104.

For anyone with a 401(k) or an index fund, Monday’s gain recovers part of last week’s slide, but not all of it for the S&P 500 and Nasdaq.

Monday’s close, Nov. 9

Table of Monday closing levels

Source: exchange closing data. WTI crude is the settlement price.

What drove the rally

Two themes ran through the session. Bargain hunters returned to the chip and artificial-intelligence shares that were crushed last week: AMD jumped 13.3%, Broadcom rose 8.8%, and storage makers Western Digital and Seagate each gained about 10%. At the same time, oil prices fell sharply. President Trump has spoken about Iran in recent interviews, including one Monday afternoon, and the situation is still developing.

Who moved the most

Table of Monday stock movers

Source: NYSE and Nasdaq closing data.

AMD led the market, jumping 13.3% to $508.58. Tesla gained 5.5% and Meta 5.1%.

The day’s big loser was the market’s most-watched stock. Nvidia fell 4.3% to $178.67 after the chipmaker’s board announced an independent investigation into reports that founder and chief executive Jensen Huang had been the target of a foreign intelligence effort.

Oil

U.S. crude settled at $86.85 a barrel, down 4.4%, and Brent settled at $92.57, down 5.9%. These are the official settlement figures for the day.

JBizNews Desk | Wall Street

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The U.S. has about 6% fewer air traffic controllers than it did a decade ago, even as the number of flights relying on the air traffic control system has grown 10%, according to a January analysis from the U.S. Government Accountability Office. The shortage isn’t confined to American airspace.

Countries from Australia to Qatar now compete for the same small pool of certified controllers, recruiting across borders with work visas and pay pegged to experience. Aviation training company CAE projects that 71,000 new air traffic controllers will be needed worldwide by 2034, or roughly 7,000 a year.

The U.S. can’t join that bidding war. Every FAA controller must be an American citizen, leaving the agency dependent on a domestic pipeline that turns away the vast majority of applicants.

For airlines, that pipeline sets the pace of the whole system. Delta CEO Ed Bastian told Fortune in April that the biggest opportunity for AI in aviation is in air traffic control, not inside the plane, because it would “do more in terms of helping our customers have quicker travel, more efficient travel.”

Why controllers are so hard to keep

The GAO traces much of the decline to disruptions in training. Government shutdowns in 2013 and in 2018 and 2019 froze hiring and training, and the COVID-19 pandemic halted training for four months, then held it at reduced capacity for nearly two years. High attrition from 2019 through 2024 made it harder to catch up.

The 2025 shutdown made things worse: by November of that year, the FAA said nearly half of major air traffic control facilities were short-staffed as controllers worked without pay.

The deeper problem may be the job itself. “It’s one of the highest stress occupations out there,” says Tiffany Bisbey, an assistant professor of industrial/organizational psychology at George Washington University. When controllers show up in academic research, she says, it’s usually as the subjects of studies on stress.

The federal government says as much. The Bureau of Labor Statistics describes the work environment this way: “Their work can be stressful because maximum concentration is required at all times. Night, weekend, and rotating shifts are common.”

The pay isn’t the problem

Money is not what keeps people away. The median American air traffic controller earned $148,080 a year, or $71.19 an hour, as of May 2025, according to the BLS, and the top 10% earned more than $215,610.

The bar to apply is also lower than many people assume. The FAA requires a bachelor’s degree, one year of progressively responsible work experience, or a combination of the two, and new hires then spend more than a year training on the job. When the FAA pitched the job to Gen Z video gamers this spring, it advertised pay of at least $155,000 after three years.

A global scramble for controllers

Other countries are short too, and some are filling the gap by hiring controllers trained elsewhere. In September, Airservices Australia posted a call for experienced international controllers, offering a work visa with eligibility to transition to permanent residency and promising “the perfect balance between work and leisure.”

Australia needs the help. That same month, unplanned absences left eight of Sydney Airport’s 49 controllers unavailable and delayed roughly a third of inbound flights one morning.

The competition cuts both ways. Qatar has been recruiting Airservices Australia controllers, Canada’s NAV CANADA used an outside firm to recruit eight foreign controllers, and South Africa lost 28 controllers in eight months, Reuters reported this month. The country that trains a controller usually bears the full cost of that training, even if the controller later leaves, a spokesperson for the industry group CANSO told the news service.

Why the U.S. can’t hire its way out quickly

The FAA’s qualification rules narrow the pool well before training begins. Applicants must be U.S. citizens under 31 and pass pre-employment tests, a medical exam, and a security investigation. “Less than 10% of all applicants meet these requirements and are accepted into the training program,” the FAA says.

Even fewer finish. About 2% of applicants qualify for and complete the full training process, the GAO found.

The agency is hiring faster than it has in years. The FAA hired 2,235 controller trainees in fiscal 2026, the most in its history, and its 2026-2028 workforce plan puts the certified workforce at about 11,000 as of April, against a target of 12,563.

That target is new. In May, the FAA lowered its staffing goal by about 2,000 controllers, citing forecast demand and changes to scheduling and training. The National Air Traffic Controllers Association said it was not involved in drafting the plan.

Bisbey sees no safe shortcut. Fast-tracking applicants or compressing training, she says, is not a viable fix, and she suspects the people who designed controller training “probably thought they needed to do even more, not less.” As she puts it: “It’s such a high-risk organization, and the training is so arduous for a reason.”

The FAA has experimented at the margins, including a 2024 pilot program that let graduates of two Oklahoma schools skip additional FAA Academy training and go straight to facility training. But certifying a controller still takes years, and until the pipeline catches up, travelers should expect more delays.

Bisbey thinks most will take them in stride, since few would trade a delay for a less safe flight. “As annoying as it is, it’s not going to make people stop traveling.”

This story was originally featured on Fortune.com

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The 26th Knesset is set to be sworn in on Tuesday during its official inaugural ceremony, as coalition negotiations continue following President Isaac Herzog’s decision to grant Yashar party leader Gadi Eisenkot the mandate to form the next government.

The 26th Knesset will have 47 first-time MKs, who took part in an orientation day on Monday to prepare for their entry into the parliament. Preparations for the swearing-in ceremony also took place throughout the Knesset building.

During the orientation day, the new MKs took part in a practice run of the voting system in the plenum, taking turns casting votes. A red carpet was laid out ahead of Tuesday’s ceremony, and bouquets of flowers were placed throughout the Knesset halls and in the plenum.

The Knesset building itself also underwent changes, with new faction meeting rooms being prepared for the incoming parties. The new seating arrangement in the plenum was also announced, outlining where all the new members of the Knesset will sit and vote on legislation.

Alex Rif, a member of the Yashar Knesset slate and head of the party’s olim integration initiative, told The Jerusalem Post that she was looking forward to working to help olim (new immigrants) as a member of Knesset.

The Knesset is prepared for new MKs to be sworn in, November 9, 2026. (credit: MARC ISRAEL SELLEM/THE JERUSALEM POST)

New MKs plan their agendas

As an olah herself, Rif said she was very excited to be sworn into the Knesset and planned to work to help olim during her term.

“I’m just remembering myself as a five-year-old, a new oleh, embarrassed by my Russian and wanting to be Israeli. And 35 years later, I’m becoming a Knesset member,” she told the Post.

Among the things she said she plans to do in the Knesset are to “help new olim learn Hebrew better and have the option of working in Israel, so they can stay here and build a home here.”

During the inaugural ceremony on Tuesday, all 120 MKs will declare their allegiance to the Knesset. The ceremony will include remarks by Herzog, while Knesset Speaker Amir Ohana will lead the session and speak as well.

After the Knesset Speaker delivers his remarks, the Knesset secretary is expected to call the name of each MK, who will rise in turn and declare their allegiance.

Earlier in the afternoon, a ceremony will also take place in the Knesset plaza, attended by MKs and their guests.

New Knesset to be sworn in amid political deadlock

The new Knesset will be sworn in amid an ongoing political deadlock, as both Prime Minister Benjamin Netanyahu’s bloc and the bloc seeking to replace him lack the 61-seat majority required to form a government. The election results showed that Netanyahu’s bloc secured 53 seats in the next Knesset, while the opposition bloc won 48.

The political deadlock could ultimately lead to another election, although the parties can still reach an agreement through coalition negotiations. Eisenkot has said that “unconventional steps” would be required to form a government and expressed confidence that doing so would be possible.

By law, Eisenkot has 28 days to form a government, starting Sunday, and the president may grant him an extension of up to 14 additional days if necessary.

The opposition bloc has sought to replace Ohana, a member of Netanyahu’s Likud party, immediately after the swearing-in of the new Knesset. This would allow the opposition bloc to gain control over the Knesset’s legislative agenda.

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US Secretary of State Marco Rubio said Israel has become sufficiently prosperous to purchase American weapons without relying on US financial assistance.

“Israel is now prosperous and rich enough to be able to be a sales country. They can buy weapons from us, but we no longer have to provide the financing,” Rubio said, adding that “it’s something the Israelis themselves have offered us.”

Asked whether Israel was ready to finance its own defense purchases starting in 2027, Rubio replied: “Well, that’s what the president said we’re going to do. So, ultimately, I think they could if they wanted to, yeah, absolutely.”

Rubio further emphasized that Israel had reached a level of economic development that no longer required the same financial support from Washington.

“On the question of financing, I think Israel has clearly graduated beyond that,” he said.

US President Donald Trump speaks during NASA's Max Power event at the Kennedy Space Center, in Merritt Island, Florida, US, November 6, 2026. (credit: REUTERS/Eric Lee)

Trump claims Netanyahu proposed ending US aid to Israel

Last week, US President Donald Trump claimed that Prime Minister Benjamin Netanyahu had personally proposed ending nearly $4 billion in annual American assistance to Israel.

In a telephone interview with Fox News’ Fox & Friends, Trump said the two leaders had reached an understanding several months ago under which the assistance would end by December 2026. Israel would remain free to purchase American weapons, and could receive additional assistance if necessary.

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Nearly seven years after a fire severely damaged a historic community building in Chinatown, city officials on Monday broke ground on a new structure set to replace it. In January 2020, a five-alarm fire broke out on the top floor of 70 Mulberry Street, a 19th-century former public school building that housed several nonprofit groups, damaging much of the building and displacing its tenants. Designed by Grimshaw Architects, the project rebuilds the facility as an eight-story cultural hub with more space for the public and a new art installation by Jennifer Wen Ma.

Credit: Grimshaw/NYC DDC 

“70 Mulberry Street captures the history and hopes of the Chinatown community,” Mayor Zohran Mamdani said in a statement.

“For generations, this building has been a place where neighbors gathered, where seniors found community and where cultural organizations kept this neighborhood’s traditions alive. After the terrible fire in 2020, those organizations and the people who depend on them were forced to carry on elsewhere. Now, we’re bringing them home.”

Designed by architect C.B.J. Snyder, the five-story 70 Mulberry Street opened in 1893 as Public School no. 23. Constructed in the Romanesque and Renaissance Revival style, the building had a pressed brick masonry facade with a brownstone base. In the middle of the 1970s, PS 23 was decommissioned as a school and became a community center for Chinatown, home to five organizations: CPC Chinatown Senior Citizen Center, United East Athletic Association, Chen Dance Center, Museum of Chinese in America (MOCA), and Chinatown Manpower Project.

As 6sqft previously reported, the fire caused severe damage to the building’s top three floors, which had to be demolished. Originally, the museum thought most of its 85,000-item collection stored in the building was destroyed, but much of it ended up being salvaged.

Credit: Grimshaw/NYC DDC 

Overseen by the city’s Department of Design and Construction (DDC) and Department of Citywide Administrative Services (DCAS), the reconstruction project aims to preserve what’s left of the building’s 130-year architecture, with the two-story historic facade integrated into a new building. The stair tower at the corner, with its spiral staircase, will also be preserved.

Upon completion, the restoration will return about 51,000 square feet to the nonprofit groups and add 16,500 square feet of community space, about 30 percent more than the original building. According to the city, the new building includes six community rooms, a new kitchen to serve the senior center, and a multipurpose room on the sixth floor that overlooks Columbus Park and can be used for sports and events. This level will connect to landscaped outdoor terraces facing Mulberry and Bayard Streets.

“Our design for 70 Mulberry is simply about the balance of heritage and innovation for a new community center,” Stephen Pitman, associate principal at Grimshaw, said.

“The preserved historic facades at the base and corner anchor the building in its past, while the modern facility above looks to the future with renewable energy and natural ventilation. But the most vital transformation is internal: creating highly accessible, flexible spaces tailored to the five returning organizations while welcoming the wider neighborhood.”

Courtesy of Jennifer Wen Ma

A new public artwork by Jennifer Wen Ma, titled “Wings of Everchange 易之翼,” will be on display in the new building. Commissioned as part of the Department of Cultural Affairs’ Percent for Art Program, the three-part installation includes a suspended sculpture about 33 feet long, made of metal, glass, and objects saved from the 2020 fire.

Amber glass orbs will serve as time capsules dedicated to memories and stories related to the building, preserving the voices and experiences of the community, as a press release describes.

Courtesy of Jennifer Wen Ma

The installation also includes an ink painting on glass panels along the stairwell and an oral history component developed with the community.

“I am thrilled that, with this groundbreaking, we are one step closer to reopening 70 Mulberry Street — a historic social service and cultural cornerstone in Chinatown,” Ma said. “I cannot wait to unveil Everchange, a three-part public artwork co-created with the very community that will re-inhabit this space and revitalize our neighborhood.”

The new building will also be more accessible, with three new elevators and ADA upgrades, and more sustainable, with all new systems running on electricity. The project marks the first time DDC has used the Construction Manager-Build (CM-Build) method outside of library projects or emergencies, including during Covid-19 when the agency quickly built field hospitals and testing and vaccination sites.

In 2021, then Mayor Bill de Blasio pledged $170 million to rebuild 70 Mulberry Street; the price tag is now $184 million, according to a press release from the mayor’s office. Construction is expected to be completed in 2030.

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SECAUCUS, N.J. – The Children’s Place, the New Jersey-based children’s apparel retailer, filed for Chapter 11 bankruptcy protection on Sunday, Nov. 8, in the U.S. Bankruptcy Court for the District of New Jersey, and the company’s announcement is being reported Monday. It plans to sell substantially all of its assets in a court-supervised process, with the goal of keeping the business running.

The company is asking for bids by Dec. 9 and expects to finish the process by the end of December. No final buyer has been named. All stores and e-commerce sites remain open for now, the company says, but it has determined that some store closures will be necessary. Which locations are affected is still being evaluated, and the company says it will announce decisions as they are made.

The company also expects to secure debtor-in-possession financing to fund operations during the case. That financing is not yet in place and is subject to court approval. It has filed standard motions to keep paying employee wages and benefits and to pay vendors for goods and services after the filing, and it is asking for the case to be recognized in Canada.

If no buyer to continue the business emerges, the company has an agreement with GA Group to help run sales at its stores. The company calls that a fallback, not the outcome it is working toward. It is not a completed liquidation.

Context: We first reported the filing on Sunday night. This update sets out the company’s own account of the process and what customers and workers should expect.

Why it matters: the retailer is a New Jersey employer with stores across North America, and the sale outcome will decide how many stores and jobs survive. Still unknown: how many stores close, who bids, whether financing is approved, and when the court will rule on the sale process.

File photo: a Children’s Place store in New York City. It is not tied to any store closing named in the case.

JBizNews Desk | Secaucus, N.J.

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WASHINGTON – President Donald Trump said Monday that Qatar and Saudi Arabia want a peaceful solution to the conflict with Iran, but that the United States is ready to resume military strikes if necessary. He made the remarks in a brief phone interview, reported at about 3:30 p.m. ET, after meeting Qatar’s prime minister at the White House earlier in the day.

“Qatar would rather see a peaceful solution,” Trump said, adding that “we’re ready to go anytime we want.” Trump did not announce a new strike order in the interview. No deal has been announced and no deadline was given.

Context: the prime minister’s visit was the latest step in Qatar’s role as a go-between in indirect U.S.-Iran talks. As we reported earlier, the two met for about 45 minutes behind closed doors and no deal was announced. Iran has said it is impossible to move toward peace unless the U.S. lifts its naval blockade, releases seized assets and lifts sanctions.

Why it matters: Trump is pairing an offer of diplomacy with a threat of force, in a conflict that has already affected oil prices and the region’s shipping and security. Still unknown: whether talks will continue, what Iran will say in response, and whether any strikes are planned.

File photo: President Trump meeting Saudi Crown Prince Mohammed bin Salman and delegations in Riyadh in May 2025. It does not show Monday’s meeting or interview.

JBizNews Desk | Washington

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Jensen Huang’s dealings with China and views on U.S. export controls on advanced AI chips are under fresh scrutiny after the Nvidia CEO confessed to an affair with a woman U.S. intelligence agencies reportedly believe to be working as a spy for China. The U.S. has spent years restricting the sale of advanced Nvidia chips to China on national security grounds.

In an interview Fortune conducted before the allegations surfaced, Huang said that he thought the chipmaker “could be of great service” to China. He also said that Nvidia had a “large and growing” opportunity in China.

Huang spoke to Fortune in mid-October, before The New York Times first reported later that month that U.S. officials had concluded the woman, Alice Huang—who has no relation to the Nvidia CEO—was a Chinese intelligence asset. It isn’t clear how long the relationship lasted, but photos shared online show the two together in Taipei as early as June 2024.

Asked in October whether he expected sales in China to pick up, Huang said there would be a “natural tension” between Washington and Beijing that “lasts a long time,” adding that Nvidia would continue to give shareholders no guidance on its China sales. The company has left China out of its revenue forecasts since August 2025, citing regulatory uncertainty in both countries.

The U.S. has not allowed Nvidia to sell its most advanced AI chips to China, but has granted the company export licenses for older models of its graphics processing units (GPUs), the specialized chips that run AI and computer graphics applications. It has allowed Nvidia to market specialized versions of its GPUs in China that have been designed specifically for that market and which are engineered to be less capable at training frontier AI models. Beijing, for its part, has officially tried to bar the country’s major tech companies from buying Nvidia’s chips as part of an effort to spur demand for domestic alternatives.

Nonetheless, Huang told Fortune he saw promise in the Chinese market. “I think the opportunity in China is large and growing, just like the AI market across the world is large and growing,” Huang said. “We could be of great service to the local market. We can compete and win as much of the AI market as possible for the United States, while also providing compute resources, which is really important to their economy.”

China has been a long-running headache for Nvidia. Back in 2022, the Biden administration imposed export controls that barred Nvidia from selling its most advanced AI chips to China, aiming to slow Beijing’s progress in AI and its potential military applications. Nvidia designed scaled-down chips for the Chinese market, but successive rule changes cut many of those off too.

Since then, Huang has continually pushed for more access to the Chinese market. In October 2025, after export controls and Beijing’s pushback had shut Nvidia out of the market, he complained that the company had gone from 95% market share in China to 0%.

In December 2025, President Trump reversed course on some of the Biden-era restrictions, allowing Nvidia to ship its H200 chips—which are designed to comply with U.S. export controls—to approved Chinese customers, with the U.S. government taking a 25% cut. The decision came after months of lobbying by Huang, who met with Trump to discuss export controls days before the announcement. Nvidia’s complicated history with China has been dragged back into the spotlight by Huang’s confession to the extra-marital affair. In Sunday’s memo to staff reviewed by Fortune, he admitted he had been “unfaithful” to his wife, after the Financial Times reported on a U.S. government memo describing a romantic relationship between him and Alice Huang. “There is no excuse for what I did,” he wrote in the memo. “I am deeply sorry.”

The same day, Nvidia’s board announced that a committee of independent directors, assisted by outside counsel, would examine whether company secrets or national security had been compromised. The board said it so far had “no reason to believe” either had been. For now, Huang remains CEO and said he would cooperate fully with the review.

U.S. officials reportedly believe Alice Huang was working for China’s Ministry of State Security. Megaspeed, a Singapore-based data center operator where she was an executive, has become one of Nvidia’s largest customers over the past two years. Its Malaysian affiliate bought at least $4.8 billion in equipment containing Nvidia chips between June 2024 and February 2026, according to the Times. U.S. officials have scrutinized the company since 2024 over suspicions it helped Chinese firms evade export controls.

It is suspected that, despite U.S. export controls, the leading Chinese AI companies have access to large computing clusters of Nvidia’s advanced GPUs, obtained either through large-scale smuggling operations, or through data centers in other Asian nations that they have accessed using front companies.

Nvidia has previously told news outlets that Huang’s dealings with Alice Huang were routine, and a company spokesperson told Fortune: “Today’s news will not slow NVIDIA. Jensen is committed to continuing to lead NVIDIA as CEO without interruption.”

Megaspeed also did not respond to Fortune’s request for comment, and Alice Huang could not be reached. China’s foreign ministry called the allegations “pure groundless speculation and slander.”

The Republican chairs of three House committees have asked Huang to attend a private briefing the day after Nvidia reports quarterly earnings next week. Lawmakers are likely to press Huang on whether his push into China has put U.S. interests at risk. 

In October, he told Fortune that Nvidia could put American customers first and still compete abroad.

“The United States recognizes that because the technology is invented in the United States, and we’re an American company, we should provide, and we do provide, the best, the soonest and the most to American companies. However, we should compete,” Huang told Fortune during the interview. “AI is a five-layer cake, and America should go compete at every single layer, not just the model layer.”

This story was originally featured on Fortune.com

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WASHINGTON – The Supreme Court on Monday cleared the way for the Trump administration to resume building a border wall and related roads and barriers in the Big Bend region of Texas while the lawsuit over the project continues. In an unsigned decision, the court lifted a district court injunction that had halted the work. Justice Ketanji Brown Jackson said she would have denied the Justice Department’s request.

The court said the lower court’s order delayed construction and “impedes the Government from advancing its ‘compelling interests’ in border security and integrity.” It said the challengers’ concerns about using and enjoying the area were outweighed by Congress’s choice, in immigration law, to let the Homeland Security secretary waive environmental and conservation laws to speed border construction. The decision applies while the case proceeds. It is not a final ruling on the project.

The challengers are an environmental nonprofit, a professional riverboat guide and a religious organization. They argued the wall and roads would permanently alter a landscape that includes Big Bend National Park, Big Bend Ranch State Park and nearly 200 miles of the Rio Grande Wild and Scenic River corridor. The administration, through Solicitor General D. John Sauer, argued a halt would leave a “massive vulnerability” in border security across a quarter of the southern border.

Context: Homeland Security issued three waivers for the Big Bend region starting in February. Work on a 47-mile wall stretch in Hudspeth County began in September, according to immigration agencies. The plan has drawn pushback from lawmakers of both parties, ranchers and local law enforcement in Texas.

Why it matters: the ruling lets one of the president’s signature projects move ahead in a sensitive stretch of the border while the courts keep looking at it. Still unknown: when construction restarts, how much work remains, and how the lower court will proceed.

File photo: Santa Elena Canyon on the Rio Grande in Big Bend National Park, Texas, where the border runs along the river. It does not show the construction site.

JBizNews Desk | Washington

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EAST BRUNSWICK, N.J. – More than 90 drivers and warehouse workers at Bimbo Bakeries in East Brunswick have voted unanimously to authorize a strike, Teamsters Local 701 announced Monday at 3:12 p.m. ET. The vote is an authorization only. The union has not announced a walkout, a start date or a deadline, and it did not report any disruption to deliveries or supply.

The main dispute is health care. The union says it wants a contract that keeps the Teamsters health plan the workers have been in for more than 25 years, and says the company is trying to move away from it. Those are the union’s claims. The company’s position is not stated in the union’s announcement, and we have not seen a response from Bimbo Bakeries.

“If Bimbo wants a strike, a strike is what they will get,” said Jeff Padellaro, director of the Teamsters Brewery, Bakery, and Soft Drink Conference. Local 701 president Ron Lake said members are “ready to head to the picket line if a fair contract is not reached.” The union also says it has filed unfair labor practice charges against the company. No finding has been announced.

Context: a strike authorization is a vote that lets union leaders call a strike. It does not mean a strike will happen, and many contract talks settle after one. The workers are based in East Brunswick. The union’s office is in North Brunswick Township.

Why it matters: bakery drivers and warehouse crews keep store shelves stocked across central New Jersey, so a walkout could affect deliveries. Still unknown: when talks resume, what the company has offered, and whether a strike date will be set.

File photo: an Entenmann’s delivery truck, a Bimbo Bakeries brand, photographed in Michigan. It is not a vehicle or site involved in the New Jersey dispute.

JBizNews Desk | East Brunswick, N.J.

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JERUSALEM – Israel’s newly elected 26th Knesset will hold its opening session on Tuesday, Nov. 10, at 4 p.m. in Jerusalem (9 a.m. in New York), according to the Knesset’s official website. President Isaac Herzog is due to attend, and all 120 members, new and returning, are scheduled to take the oath of allegiance.

The session is a ceremony. It is not the result of a vote for Knesset speaker, and it does not form a government. The website says the final official election results are published on its site.

Context: the opening session is where a new Knesset formally starts its work. Questions over who will lead the chamber are already in play. As we reported earlier, Gadi Eisenkot’s Yashar party has been collecting signatures to ask for a vote to replace Speaker Amir Ohana during the opening session. That effort is a reported plan, not a decided result.

Why it matters: the opening session sets the start of the new Knesset’s term and the political maneuvering over its leadership. Still unknown: whether a speaker vote is held on Tuesday, who would win it, and how coalition talks will move after the swearing-in.

File photo: the Knesset plenum hall in Jerusalem. It does not show Tuesday’s session.

JBizNews Desk | Jerusalem

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SANAA, Yemen – Health authorities run by Yemen’s Iran-backed Houthi rebels said late Sunday that the death toll from airstrikes on Saturday near the capital, Sanaa, has risen to 44, with 40 more people wounded. The Houthis say most of the dead are women and children, including 21 children and 10 women. We have not independently confirmed these figures.

The Houthi health ministry said the strikes hit homes in the village of al-Shariya, in the Bani Hushaysh area east of Sanaa, and that rescue teams were still searching for people reported missing. The Houthis blame Saudi Arabia for the attack. Saudi Arabia has not confirmed carrying out the strike, and we have not seen a Saudi statement on the casualty claim.

Context: a 2022 truce that had paused Yemen’s long-running war collapsed in July. Since then Saudi Arabia and the Houthis have traded attacks, and the Houthis have struck Saudi airports, energy sites and military targets. Early Houthi-run media reports on Saturday had put the toll at 25 dead and 30 wounded, so the figure has climbed sharply.

Why it matters: Yemen is on the Red Sea shipping route and next to Saudi Arabia’s oil facilities, so a rise in fighting can affect energy and trade. Still unknown: who carried out the strike and what the target was, the independently verified toll, and whether either side will respond.

File photo: the old city of Sanaa. It does not show the strike site.

JBizNews Desk | Sanaa, Yemen

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DES MOINES, Iowa – Iowa Attorney General Brenna Bird announced Monday a letter, dated Nov. 5, in which 13 state attorneys general urge the United Kingdom and the Netherlands to abandon trade sanctions tied to Israel. The letter is addressed to the Dutch and British ambassadors to the United States. It is a warning, not an action. No divestment, no change to the sanctions and no legal action has occurred.

The signers are the attorneys general of Iowa, Alabama, Arkansas, Florida, Georgia, Kansas, Louisiana, Mississippi, Missouri, Montana, Ohio, Oklahoma and South Carolina.

The attorneys general argue that the sanctions could hurt businesses, including companies in their states. They say that under U.S. law and many state laws, companies that boycott Israel can be barred from doing business with certain government entities. In their view, that could keep some American firms from serving British and Dutch customers. These are the signers’ legal arguments, and the letter reflects their reading of the law, not settled fact.

The letter also warns of possible consequences. It says the states could restrict state contracts with companies from the two countries, or require state funds to be divested from them, under their existing laws. It adds that the states “reserve” the right to seek remedies under U.S. trade law if the sanctions continue. Bird said in a statement that the sanctions “are bad for American business.”

Context: the UK and the Netherlands have announced or imposed sanctions aimed at certain economic activity in Israel. The letter is critical of those measures and of the two governments. The British and Dutch governments are not quoted in the attorneys general’s letter or announcement, and we have not seen a response from either.

Why it matters: state contract and pension decisions can affect companies with business in the U.S., and the letter signals possible trade-law complaints. Still unknown: whether the UK or the Netherlands will respond or change course, whether any state will act on the warnings, and whether any federal trade review will follow.

File photo: the Embassy of the Netherlands compound in Washington. It does not show Monday’s announcement.

JBizNews Desk | Des Moines, Iowa

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Republican Rep. Thomas Massie of Kentucky renewed his effort Monday to impeach US Defense Secretary Pete Hegseth, introducing eight articles of impeachment accusing him of violating the Constitution and conducting an unauthorized war against Iran.

In a statement accompanying the resolution, Massie accused Hegseth of conducting military operations in Iran for more than 90 days without congressional authorization, declaring that the defense secretary is “breaking the law and must be held accountable.”

The impeachment articles also accuse Hegseth of violating congressional war powers, disregarding laws intended to minimize civilian casualties, conducting unlawful military operations in Yemen and Venezuela, and retaliating against political critics.

“President Trump should replace Secretary Hegseth now while he can still get a replacement confirmed in the Senate,” Massie said.

The Republican lawmaker warned that the incoming Democratic-controlled Congress would pursue more aggressive investigations and impeachment proceedings against Hegseth.

US Rep. Thomas Massie (R-KY) speaks to reporters after delivering a speech to the House of Representatives at the U.S. Capitol on September 16, 2026 in Washington, DC. (credit: KEVIN DIETSCH/GETTY IMAGES)

Massie’s move is expected to force a House vote in the coming days, reviving an impeachment effort initially introduced in September but delayed before the midterm elections.

Trump has repeatedly defended Hegseth, crediting him with the administration’s military campaigns in Iran and Venezuela.

Rubio says Hegseth has ‘done an excellent job’

US Secretary of State Marco Rubio was asked about Hegseth’s performance in the Defense Department following Massie’s announcement, saying that he believes Hegseth did “an excellent job.”

“I think he’s done a great job. I mean, I’ve worked with him every single day on many of these topics. I’ve seen the work he does and the professionalism he brings to it,” Rubio said.

“He’s very smart. He works very hard. He puts a lot of hours into this. And all the policy issues we’ve worked on together, I think he’s done a very good job,” he added.

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Former chief of staff and confidante of Prime Minister Benjamin Netanyahu, Natan Eshel, has been in close contact with Ra’am party chairman Mansour Abbas to dissuade him from working with Yashar party leader Gadi Eisenkot, N12 News reported Monday.

According to N12, Eshel spoke to Abbas repeatedly before, during, and after the recent Israeli election.

N12 reported that one of the first times Eshel contacted Abbas was to ask whether he would back Eisenkot in a vote over the haredi (ultra-Orthodox) draft law, to which Abbas replied that they would “wait until after the election results and decide accordingly.”

Eshel also repeatedly asked Abbas after the election whether he would support Eisenkot, but never received a reply.

Ra’am (United Arab List) leader Mansour Abbas pictured at the Knesset, May 11, 2026. (credit: MARC ISRAEL SELLEM/THE JERUSALEM POST)

Eshel: ‘No messages were conveyed’

N12 inquired with Eshel about his ties to Abbas. While he initially stated that he had cut off all connections, he later claimed that “No messages were conveyed. I asked some Arabs whether they have even a shred of self-respect and whether they would really support someone who doesn’t want them in the coalition and merely exploits them. And he replied – much like many others – ‘We will do what is best for us.'”

Netanyahu’s Likud party also responded to N12’s request for comment, saying Netanyahu was surprised to hear the report and that Eshel’s actions had not been taken with his knowledge.

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Archive: Arild Vagen / Wikimedia Commons / CC BY-SA 4.0

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Archive: Arild Vågen / Wikimedia Commons / CC BY-SA 4.0

NEW YORK – U.S. stocks pushed higher in afternoon trading Monday, with the Dow Jones Industrial Average up about 1,220 points, or 2.4%, between roughly 2:48 and 2:59 p.m. Eastern time. The S&P 500 was up about 2.6% and the Nasdaq about 3%. These are intraday moves, not closing figures, and they can change before the 4 p.m. bell.

Oil fell further. West Texas Intermediate crude traded near $85 a barrel, down about 6%, and Brent near $91, down about 7%. The two moves happened on the same day. We are not saying one caused the other.

Chip and tech shares led. AMD rose about 13% and Broadcom about 9%. Tesla gained about 6%, Amazon and Microsoft about 3% each, and Alphabet about 1%. Nvidia fell about 5%. Earlier in the session, the stock was weighed down by the board’s investigation of its chief executive.

Context: the Dow is now above its Election Day close, while the S&P 500 and Nasdaq are still below theirs. Stocks fell last week, so Monday’s gains are recovering part of that drop.

Why it matters: a rally of this size in a single session moves retirement accounts and index funds, and cheaper oil eases pressure on fuel costs. Still unknown: where the indexes finish, and whether the buying holds into Tuesday.

File photo: the New York Stock Exchange on Wall Street, taken in August 2017. It does not show Monday’s trading.

JBizNews Desk | New York

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Photo: US Department of Labor / Wikimedia Commons / CC BY 2.0

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Photo: US Department of Labor / Wikimedia Commons / CC BY 2.0

WASHINGTON – The Labor Department proposed a rule on Monday that would require people collecting unemployment benefits to complete at least five qualifying work-search activities every week. It is a proposal only. Nothing changes for claimants unless the rule is finalized.

The proposal is scheduled for publication in the Federal Register on Nov. 10, which opens a 60-day public comment period. The department says the goal is to speed reemployment and protect the integrity of the unemployment insurance system. No benefit amounts would change.

The “activities” are not five job applications. Under the proposal they can include other defined steps, such as contacting a placement agency or a union, and the department also proposes limited exceptions. The rule “strongly encourages” states to accept a wide range of activities.

Context: Federal law already requires claimants to search for work, but states set their own weekly counts. According to the National Employment Law Project, only about four states now require five. Typical qualifying activities, depending on the state, include applying for a job, creating a job-site profile or attending a networking event.

Michele Evermore of the National Employment Law Project warned of a burden on claimants and costs to states. She said the change would cost states “hundreds of thousands of dollars” and that many would have to rewrite their laws. She also called it unusual for the department to change state unemployment systems this way.

Why it matters: long-term unemployment is rising. People out of work for 27 weeks or more were 27.6% of the unemployed in October, up from 20.5% three years earlier, according to the government figures cited in the proposal coverage. Still unknown: whether the proposal survives the comment period in its current form and how many states would have to change their rules. The proposed text allows state points systems totaling at least five points, with activities worth one to three points, and equivalent labor-force attachment for qualifying training, apprenticeship, work-sharing, self-employment assistance and union hiring-hall participation. States could also recognize specified circumstances, including a definite near-term return to work, a new job starting within four weeks, jury duty, emergency hospitalization or a federally declared major disaster.

File photo: the Frances Perkins Building, the Labor Department’s headquarters in Washington. It is not related to a specific event on Monday.

JBizNews Desk | Washington

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Photo: Peter Bond / Wikimedia Commons / CC BY-SA 2.0

PURCHASE, N.Y. – PepsiCo is reportedly cutting about 1,000 jobs in its North America food and beverage business, with the changes to be carried out over the next week, according to a report on Monday. The report cites a letter to employees from Ram Krishnan, chief executive of PepsiCo North America. The company has not responded to requests for comment, and it has not confirmed the number.

In the letter, Krishnan reportedly said the goal is to simplify the structure of the business. “We will simplify how we operate, better connect teams and strengthen the capabilities we need,” he wrote, adding that the aim is “to move faster, execute better and invest behind the opportunities that will drive our growth.” The reported cuts are described as job reductions in the division. They are not reported as plant closures.

Context: PepsiCo had about 306,000 employees worldwide at the end of 2025, including roughly 125,000 in the United States, according to its annual report. Last month the company lowered its full-year earnings forecast after reporting continued softness in North America, particularly in beverages, as shoppers stayed cautious about discretionary spending.

Why it matters: the cuts follow a weak North America outlook and would affect roughly 1,000 workers within a week. Still unknown: which roles and locations are affected, how many of the jobs are in the U.S., and whether PepsiCo will confirm the figure.

File photo: PepsiCo’s headquarters in Purchase, N.Y. It is not related to a specific site named in the report.

JBizNews Desk | Purchase, N.Y.

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Photo: U.S. Department of Defense / Wikimedia Commons / Public domain

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Photo: U.S. Department of Defense / Wikimedia Commons / Public domain

WASHINGTON – Rep. Thomas Massie, R-Ky., introduced a resolution Monday afternoon to impeach Defense Secretary Pete Hegseth, a move that forces the House to take up the question. No vote has been held. Because the resolution is privileged, the House must consider it within two legislative days, which puts action on Wednesday at the latest.

The resolution has eight articles. They cover the war in Iran, strikes on suspected drug boats in the Caribbean, U.S. strikes in Yemen, and the capture of Venezuela’s former president, Nicolas Maduro. One article accuses Hegseth of retaliating against Sen. Mark Kelly, D-Ariz., over a video urging troops to resist unlawful orders. Massie must first read the resolution on the House floor.

Before a vote on the merits, House leaders can move to table the resolution or refer it to a committee, and either step would effectively end it. Some Republican lawmakers have said privately that the resolution could pass, citing resentment of Hegseth and absences of members who lost their races. That is their assessment, not a count of votes. Hegseth has called the effort a political one, and he is set to hold a Pentagon news conference Tuesday at 8 a.m. ET. We covered his remarks to reporters here and the announcement of that news conference here.

Why it matters: a House impeachment of a sitting Cabinet secretary is rare, and the vote would test how many Republicans break with Trump after the midterm losses. Even if the House impeaches, removal needs a two-thirds vote in the Senate. Still unknown: whether leaders will try to table or refer the resolution, how many Republicans will vote against Hegseth, and what he will say Tuesday.

File photo: official portrait of Hegseth. It is not from Monday’s House action.

JBizNews Desk | Washington, D.C.

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Photo: Kidfly182 / Wikimedia Commons / CC BY-SA 4.0

NEW YORK – All 54 apartments in the six-story Hamilton Heights building where a fire killed an 80-year-old man early Monday were evacuated, and several units are too damaged to be lived in again, FDNY officials said. The fire at 660 Riverside Drive spread from a third-floor apartment to two neighboring apartments and damaged the building’s staircase. The cause is under investigation. This is an update to our earlier report.

FDNY Deputy Chief Stephen Sullivan said firefighters found heavy clutter in the apartment where the fire started, “from waist high up to shoulder high in some spots.” The fire began shortly before 1:30 a.m. and went to two alarms, with more than 140 fire and EMS personnel responding.

Four people were hurt. A 52-year-old woman was taken to a hospital with smoke inhalation, and firefighters said she is stable. A second resident had minor injuries and declined treatment, and two firefighters had minor injuries. The Red Cross is helping displaced residents find temporary housing, and the Department of Buildings is checking the building’s structure. Sullivan said some residents should be able to return to their apartments.

Why it matters: dozens of households are displaced, and how soon they can go home depends on the building inspection. Still unknown: what caused the fire, how many apartments are unlivable, and when the first residents can return.

Archival photo: an FDNY engine in Brooklyn in 2021. It is not from this fire.

JBizNews Desk | New York

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Cyber attacks on space-related assets have spiked in recent years, and the harm they can cause has grown substantially, Israel National Cyber Directorate Director of Guidance and Spectrum Defense Kobi Menashe said on Monday.

Speaking at the Cyber Week Conference at Tel Aviv University, Menashe described an “invisible” cyber war in space, far beyond the eyes of the general public, and with them often not even knowing afterward that some inconvenience they experienced stemmed from a hack in space.

In 2022, Russia carried out the Viasat hack against the satellite internet system of American communications company Viasat, which eventually affected Ukraine’s communications network nationwide, as well as some other European countries like Germany.

Since then, such space hacks have only increased, at the same time that the number of satellites in space continues to jump, said Menashe.

Further, he pointed out that the higher volume of space machinery has lowered the standard of cyber defense security, such that there are both more targets to hack and hacking them is easier than it was before.

Ofek 19 satellite launched by Israel.  (credit: Kobi Richter)

In addition, he stated that current satellites tend to communicate and connect with a wide number of other space satellites and nodes, as opposed to one ground station on the Earth’s surface, the way satellite networks used to work.

This means that if even one satellite in a network is hacked, that many more satellites and space nodes can also easily be hacked, causing far more damage at a rapid speed.

Space hacks come in different ways

Menashe said that there are a number of different ways that space hacks can present themselves, from eavesdropping to spooling (where data is temporarily held in a storage area) and replaying (running and stalling data in a loop), to jamming or location spoofing, to protocol exploitation, which can involve abusing the space link communications with problematic commands.

There are also more space-related autonomous operations with less real-time human validation for as long as 48 hours, which allows hacking for longer periods without a real opportunity to even be aware of the cyber attack.

Such space hacks can affect national communications, as well as cars, aircraft, sea vessels, and a wide range of other operations. 1,100 maritime vessels lost maneuvering ability during the early 2026 Iran war.

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Around four in five Britons view Israel as a serious threat to world peace, according to a new survey by the National Centre for Social Research (NatCen), published last week.

A total of 78% of respondents said they view Israel as a serious threat, compared with 48% 20 years ago. The percentage has also increased a full 10% in the last year.

The number of respondents who said they view the US as a serious threat to world peace was similar to the number for Israel, at 74%. This had doubled in just two years, with the same question receiving 35% in 2024.

The country deemed the highest threat to world peace was Russia (89%), followed by Israel, Iran (75%), the USA, North Korea (66%), China (62%) and Saudi Arabia (34%). Israel has surpassed North Korea in the last year.

Analyzing the trend, NatCen said Israel’s reputation has “seemingly suffered from its involvement in recent Middle East conflict.”

“Two decades ago, a little under half regarded Israel as a serious threat to peace. By the autumn of 2024, by which point Gaza had suffered heavy damage in the wake of Israel’s response to the Hamas incursion on October 7, 2023, nearly three-quarters felt that way. And although that figure subsequently dropped a little in the autumn, to around two-thirds, in the subsequent survey this spring, following the Iran bombing campaign, 78% now saw Israel as a serious threat to global peace.”

A Vote Green Party sign is seen outside a residential property in London, Britain, May 4, 2022. (credit: REUTERS/HANNAH MCKAY)

“It is, of course, plausible that, rather than simply judging Israel solely on the basis of its own actions, some people in Britain may fear the risk that developments involving Israel could trigger a much broader regional confrontation, as a catalyst for wider geopolitical instability in the Middle East.”

Views on Israel vary across political spectrum

Views on Israel also differed significantly by political affiliation. Conservative and Reform supporters were less likely than Labour, Liberal Democrat, and Green supporters to regard Israel or the US as serious threats, while being more likely to view China, North Korea, and Iran as threats.

The divide was particularly pronounced between Green and Reform supporters. Green voters were 26 percentage points more likely than Reform supporters to view Israel as a serious threat, and 46 points more likely to say the same of the US. Conversely, Reform supporters were more likely to regard China, North Korea, and Iran as threats, with gaps of 29, 30, and 35 points, respectively.

Views vary across age range

Another trend is that younger Britons are more likely than older generations to view the US and Israel as threats to global peace, suggesting a generational shift away from traditional perceptions of Britain’s democratic allies.

“The findings suggest an important communication challenge for the government, which is central to its legitimacy to pursue the national interest,” NatSec wrote. “Public consensus appears strongest where threats are immediate, visible, and easily understood, as in the case of Russia.

“By contrast, where security challenges are gradual, technologically complex, or strategically indirect, as with China, perceptions differ somewhat by age and political outlook. The patterns are even more complex when they pertain to established allies currently pursuing more high-risk foreign policies, such as the United States and Israel.”

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The Trump administration’s Board of Peace on Monday called on Israel to immediately facilitate the entry of winterization and humanitarian supplies into the Gaza Strip, criticizing what it described as insufficient progress in approving essential materials following severe flooding that has affected tens of thousands of displaced Palestinians.

“The situation no longer represents simply a threat posed by the approaching winter, but an immediate humanitarian emergency,” the BoP said in a statement, emphasizing the urgent need for shelter, sanitation, drainage, and other winterization supplies.

“Seasonal flooding that has struck Gaza over the past two days has swamped tens of thousands of tents and makeshift shelters, damaged essential belongings, and left displaced families, who were already living in precarious conditions, exposed to cold and unsafe conditions,” the statement added.

The BoP said it had repeatedly urged the Israeli government to authorize the entry of materials needed for temporary shelters, water and sanitation infrastructure, waste management, drainage, and sewage removal.

“We have specifically urged the Israeli government to abide by its commitments under the Sharm el-Sheikh Humanitarian Protocol,” the statement said.

Tents being brought into the Gaza Strip. (credit: IDF SPOKESPERSON'S UNIT)

Current steps being considered by Israel not enough, BoP says

While acknowledging steps being considered by the Israeli government, including through the Coordinator of Government Activities in the Territories (COGAT), the BoP said the response remained insufficient.

“Delays in these approvals and the implementation of the commitments undertaken at Sharm el-Sheikh have exacerbated the consequences of a foreseeable humanitarian challenge,” the statement said.

The BoP also linked delays in humanitarian arrangements to the broader implementation of US President Donald Trump‘s Gaza plan, arguing that they had significantly postponed the start of the weapons decommissioning process and the transfer of governing authority from Hamas to the National Committee for the Administration of Gaza (NCAG).

Several days ago, Trump spoke with Prime Minister Benjamin Netanyahu and told him that he wanted the Israeli premier to advance the implementation of the 20-point plan he had developed for the Gaza Strip, according to two sources familiar with the details.

BoP accuses Hamas of failing to meet obligations

The BoP statement also delivered a strong message to Hamas, accusing the terror group of failing to meet its obligations under the peace plan and warning that its recent military activity was endangering civilians.

“We likewise call on Hamas’s leadership to abide by its commitments without further delay,” the statement said. “Recent military activity in civilian areas and near Israeli positions endangers civilians and undermines the humanitarian progress of the last year.”

The BoP also called on the United Nations, its agencies, and international donors to coordinate with it to mobilize the resources and operational support needed to address Gaza’s immediate winterization needs and advance the Strip’s recovery.

“The time for assurances without implementation has passed,” the statement concluded, warning that all parties would bear responsibility for failing to meet their commitments.

“The people of Gaza cannot afford continued inaction, nor can the prospects for lasting peace.”

“What needs to be done immediately is to provide emergency assistance to Gaza residents who have been left without shelter and cannot even sleep on the ground, because 70,000 tents made of fabric have been destroyed,” Palestinian-American businessman Dr. Bishara Bahbah told The Jerusalem Post.

Bahbah, who was involved in efforts to secure a hostage deal and served as an intermediary conveying messages between Hamas and the United States, recently approached senior American officials and asked them to work with Israel to ensure that emergency assistance reaches the Gaza Strip.

He added that the Trump administration now appears to be working with Israel to improve the situation.

“There is aid waiting at the border with Egypt, including tents, caravans, and food, and its entry into Gaza needs to be facilitated,” he told the Post.

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Photo: Contains modified Copernicus Sentinel data 2026 / European Union / Wikimedia Commons / CC BY-SA 4.0

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Photo: Contains modified Copernicus Sentinel data 2026 / European Union / Wikimedia Commons / CC BY-SA 4.0

RIYADH, Saudi Arabia – Saudi Arabia’s East-West crude oil pipeline was targeted on Monday in the Madinah region, causing a limited fire that emergency teams put out, the energy ministry said. The ministry said there were no injuries or deaths and that the pipeline’s operations were not affected. The statement was carried by the Saudi Press Agency at about 11:09 a.m. ET.

A ministry source said emergency and technical teams responded immediately and took steps to secure the site and check its safety. The ministry did not say who was responsible or how the pipeline was targeted, and no one has been named. The pipeline carries Saudi crude across the kingdom to the Red Sea port of Yanbu, a route that bypasses the Strait of Hormuz.

Context: the line was the target of an earlier attack in September that forced Saudi Arabia to shut it on Sept. 11, and operations resumed on Sept. 22, according to reports. An analysis at the time looked at who was behind that attack. Saudi Arabia has leaned on the route to export oil during the U.S.-Iran war, as shipping through the Gulf has been disrupted.

Why it matters: the pipeline is one of the main ways Saudi crude reaches markets while Hormuz is unsafe, so any attack draws attention from oil traders. Still unknown: who carried out the attack, how it was carried out, and whether further attacks follow.

Archival satellite image: smoke rising from the East-West pipeline in September 2026. It does not show Monday’s fire.

JBizNews Desk | Riyadh, Saudi Arabia

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WASHINGTON – President Donald Trump on Monday questioned whether the midterm elections were honest, nearly a week after Democrats won both the House and the Senate. He offered no evidence for the claim, which he posted on Truth Social.

“Does anybody really believe that this ‘Election’ was honest. How could the Polls be so wrong???” Trump wrote. “Some early voting ‘dumps’ were so large that it was impossible to win, no matter how many people went to vote. It’s all about the machines, which are far more important than the voter!”

The post is a shift from election night, when Trump said in an election-night interview he was “absolutely willing” to accept the results. Public polls did predict a Democratic sweep, though on average they underestimated its size. An MIT political scientist, Charles Stewart III, said vote counts were reported in the usual pattern, and in some states early and mail ballots are counted quickly. Voter fraud is rare, according to available evidence. Trump has long made unproven claims about voting machines, including after he lost in 2020, and he was not on the ballot this year.

Why it matters: the claim comes as Congress returns for a lame-duck session and Democrats prepare to take control in January, and it revives doubts about election results that officials have not found to be wrong. Still unknown: whether Trump or his administration will cite any specific evidence, or take any action in response.

File photo: official White House portrait of Trump. It is not from Monday’s post.

JBizNews Desk | Washington, D.C.

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Photo: U.S. Department of Defense / Wikimedia Commons / Public domain

NEWPORT, R.I. – Defense Secretary Pete Hegseth told reporters Monday “we’re not worried about that” when asked about the push in Congress to impeach him, and said critics of the military actions at issue are “taking issue with the troops.” He spoke after addressing the Naval War College. He also said he will hold a news conference on the impeachment effort at the Pentagon on Tuesday, which the Pentagon says will start at 8 a.m. ET. That event has not been held. See our earlier report.

“If you want to take issue with what we did in Epic Fury or Rough Rider or nabbing Nicolas Maduro, you’re taking issue with the troops and what they accomplished, which is historic,” Hegseth said, using the code names for the Iran war and the strikes on Yemen’s Houthi rebels, and referring to the capture of Venezuela’s former president. Asked about his record, he said he was “happy to do it all day long.” He called the effort “partisan political games” and said: “Don’t worry about the noise. We’re focused on delivering the president’s agenda.”

Republican Rep. Thomas Massie of Kentucky says he will force a House vote this week on a resolution with eight articles of impeachment. They include allegations that Hegseth waged the Iran war without congressional approval. House Democratic leader Hakeem Jeffries said Sunday he is a “hard yes” on impeachment. Rep. Adam Smith, the top Democrat on the House Armed Services Committee, said he thinks “there are enough Republicans who want him gone.” Even if the House votes to impeach, removal would require a two-thirds Senate vote in a trial. Pentagon spokesman Sean Parnell said Hegseth “will not back down.” President Donald Trump has said he still has confidence in Hegseth.

Why it matters: it would be rare for the House to impeach a sitting defense secretary, and a vote could come this week. Still unknown: exactly when the vote will be forced, how many Republicans will back it, and what Hegseth will say Tuesday.

File photo: Hegseth speaking at the U.S. Naval Academy in April 2025. It is not from Monday’s remarks.

JBizNews Desk | Newport, R.I.

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SAN FRANCISCO – Anthropic on Monday released Claude Fable 5.2 and Claude Mythos 5.2, upgraded versions of its Fable and Mythos AI models, saying they are up to 30% faster than the 5.1 versions and cost less. Pricing is $8 per million input tokens and $40 per million output tokens. An optional fast mode, which the company says speeds up generation by up to 2.5 times, costs $16 and $80.

The two are the same underlying model, the company said. Fable has strong cybersecurity and biology safeguards and is available to all users today, including on Amazon Web Services, Google Cloud and Microsoft Azure. Mythos is limited to vetted organizations that apply through the company’s cyber and life sciences verification programs. Anthropic says Fable 5.2 produces fewer unnecessary blocks than 5.1.

Anthropic reported gains over its prior models and its Opus 5.5 model across coding, reasoning, computer use and science benchmarks. It said Fable 5.2 scored 49.1% on the FrontierCode 2.0 coding test at its highest setting, the best score of any released model it has tested, and 74.2% on Humanity’s Last Exam with tools. It also said engineers used the model during testing on software migrations, electronics design and physics problems. All of these results come from the company’s own testing, and they have not been independently verified.

Why it matters: faster, cheaper top-tier models raise the pressure on rivals and lower the cost of heavy AI work for businesses. Splitting access between a public model and a restricted one also shows how the company is handling security and biology risks. Still unknown: how the models perform outside the company’s own benchmarks, and how quickly customers move over from earlier versions.

File photo: Anthropic CEO Dario Amodei at a 2023 event, cropped. It is not a picture of the new models.

JBizNews Desk | San Francisco

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WASHINGTON – President Donald Trump met Qatar’s prime minister, Sheikh Mohammed bin Abdulrahman Al Thani, at the White House on Monday to discuss efforts to reach a deal with Iran. The meeting was held behind closed doors and lasted about 45 minutes, according to a source familiar with it. No agreement and no readout from the White House had been reported. This follows our earlier report on the planned meeting.

The source said the talks centered on negotiations with Iran. Before seeing Trump, the Qatari prime minister also met Vice President JD Vance. Qatar has led mediation in the nine-month war, and Washington is seeking upfront Iranian concessions on its highly enriched uranium and access for international inspectors. Iran says talks depend on its own conditions, including release of frozen assets and sanctions relief.

Trump said Sunday in a TV interview that he does not currently see “any reason” to escalate the war. Secretary of State Marco Rubio said the same day that talks are not “on the verge of a breakthrough.” It was also reported Monday, citing Turkey’s intelligence chief, that Qatar will host Vance and a senior Iranian security official for talks next week. That has not been confirmed by the U.S. or Iran.

Why it matters: Qatar is the main channel between Washington and Tehran, and the outcome affects whether the war de-escalates and whether the Strait of Hormuz reopens. Still unknown: what was agreed or proposed in the room, whether Trump gave Iran more time, and whether next week’s talks will take place.

File photo: Sheikh Mohammed bin Abdulrahman Al Thani in Doha in 2024. It is not from Monday’s meeting.

JBizNews Desk | Washington, D.C.

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NEW YORK – One man died and four other people were hurt in a two-alarm fire early Monday at a six-story apartment building in the Hamilton Heights section of Upper Manhattan, the FDNY said. The cause has not been determined.

Firefighters were called to Riverside Drive between West 143rd and West 144th streets just before 1:30 a.m. for a fire on the third floor. Within about 20 minutes it grew to two alarms, with more than 140 fire and EMS personnel at the scene. Flames and heavy smoke came out of a window.

The FDNY said an 80-year-old man was pronounced dead at the scene. A 52-year-old woman was taken to a hospital with smoke inhalation and is stable. Another person had minor injuries and declined treatment. Two firefighters were taken to a hospital with minor injuries. The FDNY said there was heavy clutter inside the apartment. Residents on the fourth floor said they got out by the stairs or the fire escape. The Red Cross was at the scene helping residents, and the city’s Department of Buildings was there to investigate.

Why it matters: a death and an escalated response in an occupied building leave displaced residents and open questions about conditions inside. Still unknown: what caused the fire, how many residents were displaced, and when they can return.

Archival photo: an FDNY firehouse in Manhattan. It is not the building that burned.

JBizNews Desk | New York

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MASSAPEQUA, N.Y. – Sydney Forbes, the former Tutor Time assistant teacher charged with assaulting a 3-year-old at the Massapequa day-care center, has pleaded not guilty to assault and endangering the welfare of a child. She was released with an ankle monitor and is due back in court on Friday, Nov. 20. She has not been convicted, and no bail amount has been reported.

Police say Forbes, 21, of Copiague, assaulted the child at the Grand Avenue center on Oct. 5. Prosecutors allege surveillance video shows her chasing the child and then grabbing and squeezing the child’s shoulder, leaving red marks on the arm and shoulder. Prosecutors also say the child later told their mother, “My teacher hurt me.” Those are the prosecution’s allegations, not findings. This follows our earlier report on the charges.

Tutor Time said that when a family raised a concern on Oct. 5, it removed the individual from the classroom the same day and placed her on leave. The company said it cooperated fully with local police, state licensing and Child Protective Services and will keep supporting the investigation. Police are asking anyone whose child may have been a victim to come forward.

Why it matters: the case raises questions for parents about day-care safety and oversight. Still unknown: whether other children were affected, what evidence will be presented at trial, and how the case will be resolved.

Archival photo: the Massapequa Public Library in 2021. It is not the day-care center.

JBizNews Desk | Massapequa, N.Y.

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DC Studios co-CEOs James Gunn and Peter Safran were fired from their positions on Monday, following the merger of Warner Bros. Discovery with Paramount Skydance.

The two had been the heads of the major superhero movie production company since 2022, releasing three films which were part of the shared DC universe during this time: 2025’s Superman, and 2026’s Supergirl and Clayface. 

Gunn has previously claimed to be part Jewish, while Safran is an Ashkenazi Jew.

“Four years ago, we set out to unite DC under one creative vision. In that time, we helped restore Superman to the heart of DC, while opening new doors and telling new stories in film and television with Peacemaker, Creature Commandos, Lanterns, and Clayface,” the two shared in a statement.

“We’re excited to return to what drew us to this job in the first place, which is telling the stories we love, including the next chapter of Clark and Lex’s journey in Man of Tomorrow.”

Peter Safran, James Gunn and David Corenswet seen at the Los Angeles Premiere of Warner Bros. ''Superman'' TCL Chinese Theatre on July 07, 2025 in Hollywood, California.  (credit: Stewart Cook/Warner Bros. via Getty Images)

Skydance CEO and chairman David Ellison and co-CEO Ynon Kreiz thanked Gunn and Safran in a joint statement.

“James and Peter launched a new era for DC Studios and led it through a period of real transformation, resetting the foundation and building a slate we’re incredibly proud of,” the two stated.

Marvel producer Jeremy Latcham set as new DC Studios head

Gunn and Safran will be replaced by Marvel Studios veteran producer Jeremy Latcham, responsible for numerous films including 2012’s The Avengers and 2017’s Spider-Man: Homecoming.

“DC’s pantheon of characters is among the most iconic in American popular culture,” Latcham stated. “I’ve had the privilege to help bring some of the most celebrated superhero stories to life on the big screen, and I’m excited and honored for the opportunity to now lead DC Studios into its next era.”

Superman, one of DC’s most famous characters, is one of the earliest examples of the modern perception of a superhero. He was created in 1938 by two Jewish-American immigrants, Jerry Siegel and Joe Shuster, and has since become one of America’s most popular cultural icons.

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The IDF confirmed the entry of over 91 thousand tents and over 8,200 trucks carrying winter supplies into the Gaza Strip on Monday, following a Sunday statement by security officials rebuffing Hamas criticism over weather conditions damaging tents.

“While Hamas refuses to disarm and continues to exploit civilian areas and humanitarian aid for terrorist activity, the IDF and COGAT are proactively working to improve the humanitarian response in the Gaza Strip ahead of winter,” the IDF stated.

In addition to the tents and winter supplies, the IDF detailed other humanitarian projects being conducted in the Gaza Strip, including efforts to improve water and sanitation infrastructure.

Twelve sewage vacuum trucks for the International Committee of the Red Cross (ICRC) had been allowed entry, the IDF said, as well as approval for 7,500 vaccine doses for UNICEF and three mobile clinics for the International Medical Corps (IMC).

The IDF and  the Coordinator of Government Activities in the Territories (COGAT) have approved over 850 requests covering tens of thousands of trucks with winter supplies entering into Gaza, the IDF stated, but approximately 50% of the equipment had yet to be actually transferred “partly due to logistical and budgetary challenges unrelated to Israel.”

Sewage vacuum trucks meant to be brought into the Gaza Strip. (credit: IDF SPOKESPERSON'S UNIT)

The military also said that it, alongside COGAT, was “reviewing the equipment and advancing alternatives that will address humanitarian needs while minimizing the possibility of its exploitation by Hamas.”

The Gaza Board of Peace (BoP) also described the humanitarian situation in Gaza on Monday, saying that “significant humanitarian progress” had been achieved.

The BoP added, however, that the steps taken by the Israeli government and COGAT were “insufficient,” and called on Israeli leadership to increase the entry of supplies into Gaza.

At the same time, the BoP also condemned Hamas for endangering civilians through its military actions, and called on its leaders to disarm the group and transfer authority to the National Committee for the Administration of Gaza (NCAG).

Security officials reject blame toward Israel over flooding in Gaza

After heavy rains caused flooding and swept away tents in Gaza on Saturday, Hamas blamed Israel for the situation.

Security officials rejected the criticism on Sunday morning, saying that as part of preparations for winter weather, COGAT, BoP, and the UN had already transported a variety of supplies to the enclave.

Meanwhile, security officials asserted that as long as Hamas refuses to disarm and the Gaza Strip is not demilitarized, equipment for the reconstruction of buildings in Gaza and mobile homes will not be allowed in.

Amir Bohbot contributed to this report.

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Pro-Palestine organizations in the UK have planned counterprotests to coincide with Armistice Day on Wednesday.

Armistice Day, observed annually on November 11, marks the armistice signed between the Allies and Germany that ended the fighting on the Western Front during World War I.

The ceasefire took effect at 11 a.m. on November 11, 1918 – the 11th hour of the 11th day of the 11th month. The date has since become an occasion for the UK and other countries to remember members of the armed forces who died in military conflicts.

In the UK, people traditionally observe two minutes of silence at 11 a.m. on November 11. The country also marks Remembrance Sunday, held on the Sunday closest to Armistice Day, when commemorative services take place at war memorials across the country.

Protesters hold up flags and placards during the National March For Palestine on October 10, 2026 in London, England. (credit: Brook Mitchell/Getty Images)

Pro-Palestine groups call Armistice Day ‘annual ritual of selective memory’

Despite the event’s national significance, Greater Manchester Friends of Palestine (GMFP), Didsbury for Palestine, Stand With Palestine, and Oldham Peace & Justice have planned several “Hands of Palestine” events for November 11 under the slogan: “True remembrance means demanding justice today.”

The groups referred to Armistice Day as an “annual ritual of selective memory” and said it refuses “to let memory be co-opted while state-sanctioned violence.”

“We do not stand in quiet compliance. We stand to demand an end to genocide, apartheid, and British state complicity.”

The gathering will focus on showing support for pro-Palestine liberation, an immediate arms embargo, and BDS.

They encouraged participants to bring flags, keffiyehs, and placards, and encouraged passing drivers to honk in solidarity.

The Westminster branch of the Palestine Solidarity Campaign, while not directly protesting Armistice Day, has planned a protest in favor of the Zionism is Racism motion outside the offices of the Conservative-run Westminster City Council on Wednesday.

Poppy pin in Palestine colors raises ire ahead of Remembrance Sunday

Pro-Palestine groups have also received significant criticism for choosing to sell Palestine-flag colored versions of Britain’s red poppy pin ahead of Remembrance Sunday (November 8) and Remembrance Day (November 11).

The pin mimics the original poppy pin shape, but with red, black, white, and green. It was created by British-Pakistani NHS pediatrician Dr. Abdul Qader Ismail, and is being sold for £1.78 on eBay, with profits donated to Palestinian organizations, such as Friends of Al-Aqsa.

Lt. Col. (ret.) Stuart Crawford, a British Army veteran and defense analyst, told GB News, “The so-called ‘Palestine Poppy’ is about as far away from remembrance as it’s possible to be. It is unashamedly political, designed to divide rather than unite.”

The Royal British Legion has historically sold over 30 million paper poppies and badges annually, raising funds to support veterans, serving military personnel, and their families. The Royal British Legion was established in 1921 to support members of the British Armed Forces community.

All of the profits from the Poppy Shop go directly to the Royal British Legion’s work. The remembrance poppy design and the specific poppy pins are registered trademarks.

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Photo: U.S. Air Force Senior Airman Madelyn Keech / U.S. Department of Defense / Wikimedia Commons / Public domain

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Photo: U.S. Air Force Senior Airman Madelyn Keech / U.S. Department of Defense / Wikimedia Commons / Public domain

NEWPORT, R.I. – Defense Secretary Pete Hegseth, speaking to reporters in Newport, Rhode Island, on Monday after his address at the Naval War College, announced that he will hold a press conference at the Pentagon on Tuesday to address a push in Congress to impeach him. It would be his first press conference in more than 180 days. The Tuesday event has been announced but has not been held. The Pentagon has confirmed it will start at 8 a.m. ET.

In Monday’s exchange with reporters in Newport, asked whether he has enough Republican support to defeat articles of impeachment, Hegseth said: “We’re not worried about that.” Republican Rep. Thomas Massie is trying to force a House vote on articles of impeachment tied to the Iran war. Hegseth defended that war, calling it a “bold move” by President Donald Trump. He said the choice was “don’t act and wish it away or take a bold move.” This follows his Naval War College address earlier Monday, covered in our earlier report.

Context: his defense of the war comes as many Republicans blame the conflict for the party’s midterm losses.

Why it matters: an impeachment vote against a sitting defense secretary would be rare, and the outcome depends on how many House Republicans side with Massie. Still unknown: when a vote could be forced, how many members would back the articles, and what Hegseth will say on Tuesday.

File photo: Hegseth at the Pentagon in April 2025. It is not from Monday’s remarks.

JBizNews Desk | Newport, R.I.

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TEL AVIV – The Russian military plane that landed at Ben Gurion Airport on Sunday night reportedly carried senior Russian officials, including the head of Russia’s military intelligence agency, who came to Israel at the request of the United States, according to an unnamed foreign source cited in a report on Monday. The claim is unconfirmed.

The source said the visit came ahead of a peace summit the United States is hosting in Abu Dhabi on Tuesday, with senior officials from Russia and Ukraine expected to attend. The Tupolev Tu-154 left a Russian air force base near Moscow, landed in Israel at about 9 p.m. Sunday and flew on to Abu Dhabi on Monday afternoon, per the report. Our earlier article covered the landing.

The Israeli military spokesman, the Prime Minister’s Office and the Russian embassy in Israel declined to comment. Why the plane came to Israel and who was aboard remain officially unexplained.

Why it matters: a flight of this kind from Russia to Israel is unusual, and the reported link to a US-hosted Russia-Ukraine meeting would put Israel in a role on that track. Still unknown: whether any meetings took place in Israel, whether any agreements were reached, and who exactly was on board.

Archival photo: a Russian Air Force Tu-154 at Chkalovsky in 2009. It is not a picture of Sunday’s flight.

JBizNews Desk | Tel Aviv

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CUPERTINO, Calif. – Apple CEO John Ternus reportedly pressed software chief Craig Federighi in a closed-door meeting in recent weeks to speed up the company’s artificial intelligence plans and make Siri more of an autonomous agent, according to a report on Monday. Apple has not commented, and the details have not been confirmed by the company.

The same report said Mike Rockwell, who leads Siri engineering, is reportedly weighing stepping down, possibly next year. That is unconfirmed, and no departure has been announced. It follows our earlier report on Apple’s Siri AI plans.

Context: Federighi’s software group reportedly plans 12 to 18 months ahead, compared with multiyear horizons for hardware. That gap is part of why the reported push on AI timing matters inside the company.

Why it matters: Siri’s direction is central to how Apple competes in AI assistants, and a change in the leader of Siri engineering would affect that work. Still unknown: whether Rockwell will leave, what Apple will change in its AI roadmap, and when any new Siri features would arrive.

Photo: Ternus in a file image from May 2026. It does not show the meeting described.

JBizNews Desk | Cupertino, California

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BROOKLYN, N.Y. – Mayor Zohran Mamdani told reporters Monday he has directed his team to conduct “a full review” of how Sayed Mohassib, 27, a school aide at PS 200 in Brooklyn, was hired. Mohassib is charged in the Oct. 30 killing of jogger Katie Suarez, 28. He has been charged, not convicted.

“Nothing is more paramount than the safety of our students,” the mayor said, adding that city public schools had suspended the individual and were moving to terminate his employment pending the outcome of the case. The city Department of Education later said Mohassib’s employment has been terminated. “We are supporting the NYPD in their investigation however is needed,” a department representative said.

Local elected officials, including City Councilwoman Kayla Santosuosso and state Sen. Andrew Gounardes, called for a full investigation into the circumstances of his hiring and continued employment. Prosecutors say Mohassib was a school aide at the time of his arrest. See our earlier report: School aide held without bail in the killing of Brooklyn jogger Katie Suarez.

Why it matters: the review puts the city’s hiring and vetting of school staff under scrutiny. Still unknown: what the review will examine, how long it will take, and what background checks were done when he was hired.

Archival photo: Bensonhurst Park in Brooklyn. It is not a picture of the attack site.

JBizNews Desk | Brooklyn, N.Y.

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SEATTLE, Wash. – Boeing said Monday that it plans to cut about 5% of the workforce in its commercial airplanes division through a combination of attrition and involuntary layoffs, with notifications beginning in December, as its production ramp-up moves slower than planned. The cut applies to Boeing Commercial Airplanes, not the whole company. Boeing did not give a number of jobs in the memo cited.

“Adjusting our production schedules and reducing aircraft output puts us in an overstaffed position,” Stephanie Pope, head of the commercial airplanes unit, said in a memo to staff. “Unfortunately, that means we need to align our staffing levels to our revised business plan, resulting in a reduction of approximately 5% through a combination of attrition and involuntary layoffs, with notifications beginning in December.”

Pope said Boeing is still working to stabilize production rates of its best-selling 737 Max. CEO Kelly Ortberg told investors last month the company will not significantly increase Max production until the second half of next year, citing slower-than-expected wing production. Boeing is targeting a rate of 52 planes a month in the second half of 2027 and has been trying to stabilize at about 47 a month.

Why it matters: the cut shows that Boeing’s recovery in airplane output is taking longer than the company planned, which affects its workforce and its suppliers. Still unknown: how many jobs will go, which sites and roles will be affected, and when the reductions will be completed.

Archival photo: Boeing’s Everett, Wash., widebody assembly plant in 2008. It is not a picture of the layoffs.

JBizNews Desk | Seattle, Wash.

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JERUSALEM, Israel – Gadi Eisenkot and Avigdor Liberman have reportedly reached agreements that go beyond the Knesset speakership, with talks and understandings extending to committee chairmanships and ministerial positions in a future government. They have also agreed that the next speaker will come from Eisenkot’s Yashar party, with Elazar Stern, Matan Kahana and Eisenkot himself named as the possibilities. The two agreed to withhold the chosen name until Naftali Bennett and Yair Golan, who lead the other parties in the bloc, give formal approval. Which parties will join the main coalition is still unresolved. No vote has been held, no speaker has been installed, and Knesset Speaker Amir Ohana has not been removed. The reported understandings do not mean any party controls any office.

The agreement followed a Monday meeting between Eisenkot, who received the mandate from President Isaac Herzog on Sunday to form a government, and Liberman, who leads Yisrael Beiteinu. In a joint statement they called the talks “substantive and productive” and expressed “full confidence in their ability to establish a stable government for four years.” Eisenkot is expected to meet Golan next to advance coalition negotiations. If Eisenkot took the speaker’s chair himself, it would not be unprecedented: Benny Gantz served as speaker in 2020 for under two months while negotiating a government.

The development follows our earlier report that Eisenkot’s Yashar party asked Shas and United Torah Judaism to back a formal request to replace Ohana when the 26th Knesset opens Tuesday. Ohana has said that if at least 61 MKs formally request an early vote, he will schedule one within a week.

Why it matters: control of the speaker’s chair decides when a new government can be sworn in, because Ohana could delay the ceremony by up to seven days after a coalition is submitted to the president. Still unknown: who the nominee is, whether Bennett and Golan approve, and which parties join the coalition.

Archival photo: the Knesset building in Jerusalem in 2022.

JBizNews Desk | Jerusalem, Israel

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LOS ANGELES, Calif. – James Gunn and Peter Safran are leaving their posts as co-CEOs and co-chairmen of DC Studios after four years, and former Marvel executive Jeremy Latcham will take over as president and chief creative officer on Dec. 1, the studio announced Monday. Gunn and Safran will return full time to creative work and continue to work on DC projects.

Latcham will lead DC’s film, television and animation slate, overseeing the creative pipeline, production, talent and strategy. He will report to Dana Goldberg and Josh Greenstein, the co-chairs of Skydance Motion Picture Group, rather than to the parent company’s CEOs as Gunn and Safran did. Latcham, who joined Marvel Studios in 2004, worked on films including “Iron Man,” “Guardians of the Galaxy,” “Spider-Man: Homecoming” and “The Avengers,” and has worked with Gunn before.

“Four years ago, we set out to unite DC under one creative vision,” Gunn and Safran said in a joint statement. “We’ve shared a creative history with Jeremy going back to Marvel, and we’re eager to see the perspective he brings to DC’s next chapter.” They said they are excited to return to “telling the stories we love,” including the next chapter of Clark and Lex’s journey in “Man of Tomorrow.”

Paramount’s David Ellison and Ynon Kreiz thanked the pair for “[launching] a new era for DC Studios and [leading] it through a period of real transformation.” They said they have “complete confidence that James and Peter will ensure a smooth, collaborative transition.”

The change follows the Paramount-Warner Bros. Discovery combination, after which Gunn and Safran had been expected to stay on. Gunn is writing and directing “Superman: Man of Tomorrow,” which is scheduled for release July 9, 2027, and “The Batman: Part II” is due in 2028.

Why it matters: DC is one of the biggest franchises in entertainment, and its top creative leadership is changing under new ownership. Still unknown: how Latcham will shape DC’s slate, which projects will stay on schedule, and what Gunn and Safran’s new roles will include.

Archival photo: Peter Safran and James Gunn at the “Superman” premiere in Manila in 2025.

JBizNews Desk | Los Angeles, Calif.

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The federal government has a $41.1 trillion borrowing limit and is already closing in on it, meaning lawmakers will have to hike it again sometime next year when Democrats are in control of Congress.

Analysts at Bank of America estimated that the U.S. will officially reach the ceiling as early as February, sooner than its prior forecast for May, as there’s only $557 billion of room left in debt outstanding subject to the limit.

The Treasury Department can still keep the federal government up to date on its obligations, such as debt interest payments, using “extraordinary measures” to move cash around from other accounts once the limit is reached.

But the “X-date”—when the Treasury runs out of wiggle room and will default on its bills unless Congress lifts the debt ceiling—will come months later.

The Treasury General Account, essentially America’s checking account, has ample cash for now since the federal government has been raising more money lately via short-term debt. But the exact X-date is a moving target that’s subject to the ebbs and flows of revenue and spending.

“We maintain our X-date forecast of Nov ’27, due to higher starting TGA, but see risk of Treasury getting uncomfortably close to the X-date as early as Aug ’27,” BofA analysts wrote in a note on Friday. “Our projections suggest UST will likely initially guide to Aug X-date given the low headroom.” 

An August X-date would be especially dicey because that’s usually when Congress is on an extended recess for the summer, with most lawmakers heading back to their home districts and states.

Of course, leadership can call Congress back in session to raise the debt limit and prevent a catastrophic default. But lifting it is rarely easy as lawmakers have often engaged in brinkmanship to extract concessions.

Adding another wrinkle to the looming debt fight is the blue tsunami in last week’s midterm elections that saw Democrats make stunning gains and flip both the House and the Senate.

They will hold the purse strings when it’s time to raise the debt ceiling, and Wall Street expects them to seek more funding for Medicaid, housing programs, or other affordability priorities that Democrats campaigned on.

But any discretionary spending must compete with the growing mandatory obligation of debt-servicing costs, which now exceed the Pentagon budget and Medicaid as federal borrowing and bond yields have spiked.

In fiscal 2026, net interest payments rose 8% to $1.05 trillion, outpacing increases in total spending, revenue and GDP. That translates to about $2.9 billion a day, and the Peter G. Peterson Foundation estimated interest costs represent 3.2% of GDP, breaking the previous record set in 1991.

While Republicans are still in power in the final weeks of 2026, it’s possible they could raise the debt limit during the current lame-duck session of Congress and deny Democrats a bargaining chip next year.

A prime opportunity would be a deal to keep the federal government funded past a Dec. 11 deadline, when current appropriations will run out. Republicans could attach a debt-limit hike to a funding package, but a funding bill needs 60 votes in the Senate, so Democrats would have to agree. The other route is a party-line budget reconciliation bill, which needs only a simple majority, though Republicans have a narrow margin to work with.

If Congress doesn’t lift the debt ceiling before the end of this year, analysts at BMO warned, “Financial markets could face a protracted debt ceiling standoff in 2027 — raising the risk of sovereign debt downgrades, price distortions ​around the projected X-date, and increased ​volatility in cash and repo markets ⁠should Treasury draw down its General Account to deploy extraordinary measures.”

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The federal government has a $41.1 trillion borrowing limit and is already closing in on it, meaning lawmakers will have to hike it again sometime next year when Democrats are in control of Congress.

Analysts at Bank of America estimated that the U.S. will officially reach the ceiling as early as February, sooner than its prior forecast for May, as there’s only $557 billion of room left in debt outstanding subject to the limit.

The Treasury Department can still keep the federal government up to date on its obligations, such as debt interest payments, using “extraordinary measures” to move cash around from other accounts once the limit is reached.

But the “X-date”—when the Treasury runs out of wiggle room and will default on its bills unless Congress lifts the debt ceiling—will come months later.

The Treasury General Account, essentially America’s checking account, has ample cash for now since the federal government has been raising more money lately via short-term debt. But the exact X-date is a moving target that’s subject to the ebbs and flows of revenue and spending.

“We maintain our X-date forecast of Nov ’27, due to higher starting TGA, but see risk of Treasury getting uncomfortably close to the X-date as early as Aug ’27,” BofA analysts wrote in a note on Friday. “Our projections suggest UST will likely initially guide to Aug X-date given the low headroom.” 

An August X-date would be especially dicey because that’s usually when Congress is on an extended recess for the summer, with most lawmakers heading back to their home districts and states.

Of course, leadership can call Congress back in session to raise the debt limit and prevent a catastrophic default. But lifting it is rarely easy as lawmakers have often engaged in brinkmanship to extract concessions.

Adding another wrinkle to the looming debt fight is the blue tsunami in last week’s midterm elections that saw Democrats make stunning gains and flip both the House and the Senate.

They will hold the purse strings when it’s time to raise the debt ceiling, and Wall Street expects them to seek more funding for Medicaid, housing programs, or other affordability priorities that Democrats campaigned on.

But any discretionary spending must compete with the growing mandatory obligation of debt-servicing costs, which now exceed the Pentagon budget and Medicaid as federal borrowing and bond yields have spiked.

In fiscal 2026, net interest payments rose 8% to $1.05 trillion, outpacing increases in total spending, revenue and GDP. That translates to about $2.9 billion a day, and the Peter G. Peterson Foundation estimated interest costs represent 3.2% of GDP, breaking the previous record set in 1991.

While Republicans are still in power in the final weeks of 2026, it’s possible they could raise the debt limit during the current lame-duck session of Congress and deny Democrats a bargaining chip next year.

A prime opportunity would be a deal to keep the federal government funded past a Dec. 11 deadline, when current appropriations will run out. Republicans could attach a debt-limit hike to a funding package, but a funding bill needs 60 votes in the Senate, so Democrats would have to agree. The other route is a party-line budget reconciliation bill, which needs only a simple majority, though Republicans have a narrow margin to work with.

If Congress doesn’t lift the debt ceiling before the end of this year, analysts at BMO warned, “Financial markets could face a protracted debt ceiling standoff in 2027 — raising the risk of sovereign debt downgrades, price distortions ​around the projected X-date, and increased ​volatility in cash and repo markets ⁠should Treasury draw down its General Account to deploy extraordinary measures.”

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A record hack, a blue wave and a tech stock rout have given Bitcoin investors plenty to worry about. Yet the leading cryptocurrency has fallen only about 1% in the past 24 hours and now trades near $75,000. “It could have gotten hit a lot harder,” said John LaForge, chief alternatives strategist at Ned Davis Research. “The fact that it’s still… holding the 75 to 80 [range], I consider it a mild positive.”

Bitcoin’s latest decline came after weekend revelations about Nvidia CEO Jensen Huang’s affair—and the company’s subsequent investigation into whether he was targeted by Chinese intelligence. The news followed two other setbacks for the industry: a Democratic takeover of Congress that dealt losses to crypto-backed candidates, and a hack that drained roughly $6.3 billion from Binance, the world’s largest centralized crypto exchange.

Broader macro pressures haven’t helped either. The tech-heavy Nasdaq dropped over 5% last week in response to fears of a broad selloff in AI stocks. Investors now await Tuesday’s inflation report, which economists expect to show a further rise in consumer prices. Traders also anticipate a Federal Reserve rate hike in December—another potential headwind for crypto markets.

The cryptocurrency has suffered much sharper selloffs in the past. In October 2025, President Donald Trump’s threat of steep new tariffs on Chinese imports triggered more than $19 billion in crypto liquidations within a day. In June, Bitcoin fell below $60,000 to its lowest level of 2026, amid persistently high interest rates and heavy outflows from Bitcoin exchange-traded funds.

Bitcoin’s resilience may say more about how far it has already fallen than about the latest bad news, according to Ish Asad, crypto research analyst at asset manager Bitwise. 

“I think a lot of the bad news was priced in already. It’s not to say that it’s not going to chop sideways for a little bit longer, but I think the bottom is clearly in,” he said, referring to Bitcoin’s  June low. 

Asad argued that an earlier exodus from crypto into AI investments had left fewer investors ready to sell Bitcoin, which helped cushion its response to the recent turmoil.

That hasn’t been the case for altcoins—the industry term for cryptocurrencies other than Bitcoin.

Ether, the second-largest cryptocurrency and the native token of the Ethereum blockchain, has fallen nearly 5% over the past day. XRP, the token associated with Ripple, has posted similar daily losses and is down nearly 12% over the past week. Other major cryptocurrencies have also declined.

LaForge sees the gap as a familiar pattern: “Eventually when prices come down across the board, Bitcoin goes down less, and [altcoins] go down more,” he said.

He expects that divergence to persist in a recovery, with Bitcoin gaining a larger share of the crypto market while many smaller tokens lag.

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A record hack, a blue wave and a tech stock rout have given Bitcoin investors plenty to worry about. Yet the leading cryptocurrency has fallen only about 1% in the past 24 hours and now trades near $75,000. “It could have gotten hit a lot harder,” said John LaForge, chief alternatives strategist at Ned Davis Research. “The fact that it’s still… holding the 75 to 80 [range], I consider it a mild positive.”

Bitcoin’s latest decline came after weekend revelations about Nvidia CEO Jensen Huang’s affair—and the company’s subsequent investigation into whether he was targeted by Chinese intelligence. The news followed two other setbacks for the industry: a Democratic takeover of Congress that dealt losses to crypto-backed candidates, and a hack that drained roughly $6.3 billion from Binance, the world’s largest centralized crypto exchange.

Broader macro pressures haven’t helped either. The tech-heavy Nasdaq dropped over 5% last week in response to fears of a broad selloff in AI stocks. Investors now await Tuesday’s inflation report, which economists expect to show a further rise in consumer prices. Traders also anticipate a Federal Reserve rate hike in December—another potential headwind for crypto markets.

The cryptocurrency has suffered much sharper selloffs in the past. In October 2025, President Donald Trump’s threat of steep new tariffs on Chinese imports triggered more than $19 billion in crypto liquidations within a day. In June, Bitcoin fell below $60,000 to its lowest level of 2026, amid persistently high interest rates and heavy outflows from Bitcoin exchange-traded funds.

Bitcoin’s resilience may say more about how far it has already fallen than about the latest bad news, according to Ish Asad, crypto research analyst at asset manager Bitwise. 

“I think a lot of the bad news was priced in already. It’s not to say that it’s not going to chop sideways for a little bit longer, but I think the bottom is clearly in,” he said, referring to Bitcoin’s  June low. 

Asad argued that an earlier exodus from crypto into AI investments had left fewer investors ready to sell Bitcoin, which helped cushion its response to the recent turmoil.

That hasn’t been the case for altcoins—the industry term for cryptocurrencies other than Bitcoin.

Ether, the second-largest cryptocurrency and the native token of the Ethereum blockchain, has fallen nearly 5% over the past day. XRP, the token associated with Ripple, has posted similar daily losses and is down nearly 12% over the past week. Other major cryptocurrencies have also declined.

LaForge sees the gap as a familiar pattern: “Eventually when prices come down across the board, Bitcoin goes down less, and [altcoins] go down more,” he said.

He expects that divergence to persist in a recovery, with Bitcoin gaining a larger share of the crypto market while many smaller tokens lag.

This story was originally featured on Fortune.com

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When US law firm Greenberg Traurig opened its offices in Saudi Arabia and the United Arab Emirates around three years ago, it had already been present in Israel for more than a decade.

For Richard Rosenbaum, the firm’s executive chairman, there is no contradiction in operating in countries with vastly different political relationships, including Saudi Arabia, which has no formal diplomatic ties with Israel.

The firm opened its Tel Aviv office in 2012, at a time when, according to Rosenbaum, some international law firms were reluctant to publicly acknowledge their work in Israel. Greenberg Traurig took a different approach.

“We are proud that we’re here,” he told The Jerusalem Post on Thursday. “And it’s something that we don’t hide.”

That openness has not prevented the firm from expanding into the Gulf, where it now has offices in Riyadh, Dubai, and Abu Dhabi. However, Rosenbaum stresses that the expansion was driven by business opportunities rather than any ambition to advance regional diplomacy.

Richard Rosenbaum, US law firm Greenberg Traurig's executive chairman. (credit: Greenberg Traurig)

Business cooperation between Israel and the Gulf

“When we opened the Riyadh and Dubai offices three years ago, we were sensitive to potential issues, but really, we focus on business.”

“We’re not a political organization. We’re not a religious organization. We’re a business serving clients. And there’s a lot of business that goes on between Israel and the Gulf. For us, as long as our partners in the region are comfortable, we are comfortable.”

When asked whether local companies or investors had shown reluctance to work with a firm that openly maintains an Israeli presence, he said they had not.

“Nobody has raised this as a negative. And we believe it’s a positive.”

In fact, Rosenbaum suggested that business relationships across the region may be more extensive than the public realizes, even in places where formal diplomatic ties remain absent.

“I think, probably, there is more than people realize that goes on,” he said. “But in terms of business, people not only coexist, but fairly actively help each other.”

Greenberg Traurig’s original involvement in Israel, he said, was motivated partly by a desire to support the country during a difficult period, rather than purely by business considerations. The small Israeli firm eventually developed into a full office.

That included introducing clients to financing, transactions, and other business opportunities – an approach that Rosenbaum believes can also help strengthen relationships across today’s markets.

Nevertheless, when asked whether business cooperation could help pave the way toward diplomatic normalization, Rosenbaum was careful not to exaggerate the firm’s influence.

“We’re not here to create world peace. That’s not us,” he said. “The firm is a business, and we help our clients navigate whatever the situation might be, wherever it might be.”

On a personal level, however, he expressed hope that the fighting would eventually end and that relations between Israel and its neighbors would normalize.

“It ultimately is in the best interest and security of our families, our children, and in all these cultures,” he said.

Fighting antisemitism in the US

The firm’s willingness to publicly identify with Israel extends beyond its regional business operations. In the US, Greenberg Traurig has also been involved in legal efforts addressing antisemitism, particularly on college campuses since the October 7 massacre.

“I think it’s pretty clear that antisemitism is an issue that has become more troubling as time has passed,” Rosenbaum said.

“Not every Jew agrees with every action that Israel takes, but we support Israel,” he said, adding that rising antisemitism had reinforced the importance of Israel’s existence for Jews around the world.

Rosenbaum said the firm has supported legal efforts to challenge antisemitism on campuses, including work aimed at uncovering the sources of funding behind some campuses’ protest activities.

Some of that work was done pro bono, while other matters have involved paying clients, he added.

Rosenbaum has also personally supported United Hatzalah, the Israeli emergency medical organization, since October 7.

Despite these efforts, he says that fighting antisemitism is “a challenge” and “is continuing to be a challenge.”

However, Rosenbaum drew a distinction between the broader rise of antisemitism and the situation within the American legal profession.

He told the Post that he has seen relatively little evidence of active antisemitism within major US law firms, and suggested that, in some respects, the profession is more welcoming to Jewish lawyers than it was when he began his career.

“There was more of that when I was young. There were definitely firms when I was young that didn’t have many Jewish partners. In fact, the genesis of Greenberg Traurig has to do with this issue.”

The firm was founded in Miami in 1967 by three Jewish lawyers at a time when Jewish attorneys faced barriers to employment at established law firms, Rosenbaum explained. He recalled that, even when he joined the firm decades later, some social clubs and events in south Florida remained closed to Jews.

This experience, he said, has helped create a corporate culture that values inclusion.

“The original firm, similar to a few very good firms in New York today, was created as an opportunity for people who weren’t getting hired elsewhere,” he said.

Rosenbaum said that approach continues to influence the firm’s leadership and hiring practices, which he described as rooted in the firm’s identity rather than external pressure to meet diversity targets.

“It was not because we wanted to satisfy some quota or because somebody forced us to, whether legally or otherwise. It was because it’s who we are.”

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When US law firm Greenberg Traurig opened its offices in Saudi Arabia and the United Arab Emirates around three years ago, it had already been present in Israel for more than a decade.

For Richard Rosenbaum, the firm’s executive chairman, there is no contradiction in operating in countries with vastly different political relationships, including Saudi Arabia, which has no formal diplomatic ties with Israel.

The firm opened its Tel Aviv office in 2012, at a time when, according to Rosenbaum, some international law firms were reluctant to publicly acknowledge their work in Israel. Greenberg Traurig took a different approach.

“We are proud that we’re here,” he told The Jerusalem Post on Thursday. “And it’s something that we don’t hide.”

That openness has not prevented the firm from expanding into the Gulf, where it now has offices in Riyadh, Dubai, and Abu Dhabi. However, Rosenbaum stresses that the expansion was driven by business opportunities rather than any ambition to advance regional diplomacy.

Richard Rosenbaum, US law firm Greenberg Traurig's executive chairman. (credit: Greenberg Traurig)

Business cooperation between Israel and the Gulf

“When we opened the Riyadh and Dubai offices three years ago, we were sensitive to potential issues, but really, we focus on business.”

“We’re not a political organization. We’re not a religious organization. We’re a business serving clients. And there’s a lot of business that goes on between Israel and the Gulf. For us, as long as our partners in the region are comfortable, we are comfortable.”

When asked whether local companies or investors had shown reluctance to work with a firm that openly maintains an Israeli presence, he said they had not.

“Nobody has raised this as a negative. And we believe it’s a positive.”

In fact, Rosenbaum suggested that business relationships across the region may be more extensive than the public realizes, even in places where formal diplomatic ties remain absent.

“I think, probably, there is more than people realize that goes on,” he said. “But in terms of business, people not only coexist, but fairly actively help each other.”

Greenberg Traurig’s original involvement in Israel, he said, was motivated partly by a desire to support the country during a difficult period, rather than purely by business considerations. The small Israeli firm eventually developed into a full office.

That included introducing clients to financing, transactions, and other business opportunities – an approach that Rosenbaum believes can also help strengthen relationships across today’s markets.

Nevertheless, when asked whether business cooperation could help pave the way toward diplomatic normalization, Rosenbaum was careful not to exaggerate the firm’s influence.

“We’re not here to create world peace. That’s not us,” he said. “The firm is a business, and we help our clients navigate whatever the situation might be, wherever it might be.”

On a personal level, however, he expressed hope that the fighting would eventually end and that relations between Israel and its neighbors would normalize.

“It ultimately is in the best interest and security of our families, our children, and in all these cultures,” he said.

Fighting antisemitism in the US

The firm’s willingness to publicly identify with Israel extends beyond its regional business operations. In the US, Greenberg Traurig has also been involved in legal efforts addressing antisemitism, particularly on college campuses since the October 7 massacre.

“I think it’s pretty clear that antisemitism is an issue that has become more troubling as time has passed,” Rosenbaum said.

“Not every Jew agrees with every action that Israel takes, but we support Israel,” he said, adding that rising antisemitism had reinforced the importance of Israel’s existence for Jews around the world.

Rosenbaum said the firm has supported legal efforts to challenge antisemitism on campuses, including work aimed at uncovering the sources of funding behind some campuses’ protest activities.

Some of that work was done pro bono, while other matters have involved paying clients, he added.

Rosenbaum has also personally supported United Hatzalah, the Israeli emergency medical organization, since October 7.

Despite these efforts, he says that fighting antisemitism is “a challenge” and “is continuing to be a challenge.”

However, Rosenbaum drew a distinction between the broader rise of antisemitism and the situation within the American legal profession.

He told the Post that he has seen relatively little evidence of active antisemitism within major US law firms, and suggested that, in some respects, the profession is more welcoming to Jewish lawyers than it was when he began his career.

“There was more of that when I was young. There were definitely firms when I was young that didn’t have many Jewish partners. In fact, the genesis of Greenberg Traurig has to do with this issue.”

The firm was founded in Miami in 1967 by three Jewish lawyers at a time when Jewish attorneys faced barriers to employment at established law firms, Rosenbaum explained. He recalled that, even when he joined the firm decades later, some social clubs and events in south Florida remained closed to Jews.

This experience, he said, has helped create a corporate culture that values inclusion.

“The original firm, similar to a few very good firms in New York today, was created as an opportunity for people who weren’t getting hired elsewhere,” he said.

Rosenbaum said that approach continues to influence the firm’s leadership and hiring practices, which he described as rooted in the firm’s identity rather than external pressure to meet diversity targets.

“It was not because we wanted to satisfy some quota or because somebody forced us to, whether legally or otherwise. It was because it’s who we are.”

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Actress Selma Blair said her dream was to make aliyah, or immigrate to Israel, and expressed regret over not sending her son to a Jewish day school during an appearance at the Jewish Federations of North America’s General Assembly in Washington on Monday.

Blair, who attended Hillel Day School in the Detroit area, discussed her own Jewish upbringing and the educational choices she made for her son. She also said she wished her mother were still alive.

She told the audience she was “so honored to show up for this community and so grateful that you would still have me.”

Blair briefly addressed recent headlines surrounding her arrest following an in-flight incident last month, describing the situation as awkward and upsetting. She suggested the public did not yet have a full picture of what had happened.

She said she wanted to share her perspective, adding that it was “not my time to do that.” She expressed hope that people would better understand the situation in the future.

Actor Selma Blair leaves Queens Criminal Court following her arraignment after she was arrested after flight attendants reported a ''physically abusive passenger'' on a Delta Air Lines flight from Los Angeles to New York, in New York, US, October 12, 2026, in this still image taken from video. (credit: REUTERS/STRINGR.COM)

Blair was arrested on October 11 following an alleged altercation aboard a Delta flight from Los Angeles to New York. She subsequently pleaded not guilty to two state assault charges involving a police officer and a nurse. Her representatives said she had experienced a medical emergency. 

Blair spoke about Jewish identity, education

The actress has previously spoken publicly about her Jewish identity and attachment to Israel. At an Anti-Defamation League event in New York on October 1, she recalled learning to read Hebrew before English and described her connection to Israel. 

The General Assembly, running November 8–10, brings together Jewish communal leaders for discussions on antisemitism, Jewish education and the relationship between Israel and Diaspora communities. Monday’s plenary examined Jewish identity and the future of Jewish life in the West after October 7. 

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Mr. US President Donald Trump,

The United States is a superpower. For many decades, it has stood at the pinnacle of the free world. Its standing is founded not merely on its military and economic might, but first and foremost on the values and ideals upon which it was established: democracy, individual liberty, equality, and justice.

These values have made the US not simply a powerful nation, but a source of inspiration for humanity. They have fostered an extraordinary society, home to the world’s leading universities and a driving force behind groundbreaking achievements in science, technology, medicine, culture, defense, and economics. The entire world looks to America, draws inspiration from its values, and seeks its friendship and leadership.

The US enjoys an exceptional geographical and security advantage, protected by two oceans and separated from many of its adversaries. Yet, when the values of the free world faced an existential threat, America chose not to retreat behind its borders.

In both World Wars, America ultimately chose to stand alongside those fighting fascism and Nazism, even if its intervention came later than that of other nations. Presidents Woodrow Wilson and Franklin Delano Roosevelt understood that America’s power was not merely a privilege, but also a historic responsibility. Their decisions and courage helped defeat the forces that threatened to destroy the free world and secured America’s place in history.

Following the collapse of the Soviet Union, the US emerged as the world’s dominant superpower. Yet America, too, made mistakes in its foreign policy, became entangled in prolonged and unnecessary wars, and paid a heavy price. These experiences gave rise to growing calls within American society to turn inward and place domestic interests above all else, under the banner of America First.

US President Donald Trump, with Commerce Secretary Howard Lutnick and Secretary of State Marco Rubio, holds a press conference during the G7 Summit in Evian-les-Bains, France, June 17, 2026. (credit: REUTERS/EVELYN HOCKSTEIN)

But America First does not have to mean America Alone.

Iran presents the free world with a challenge of a fundamentally different nature.

Iran, a country of approximately 90 million people, has been ruled since the Islamic Revolution by a Shi’ite theocratic regime that has made its religious-revolutionary ideology the foundation of its regional and international policies.

For decades, the regime has invested in building a network of terrorist organizations, militias, and military proxies, seeking to expand its influence, destabilize the region, and bring about the destruction of the State of Israel.

Israel is the only democracy in the Middle East. It shares with the US the fundamental values of liberty, democracy, the rule of law, and human rights. It is not merely an American strategic ally, but a steadfast partner in the struggle over the future of the free world.

Danger of Iran’s nuclear program

The US has repeatedly declared that it will not allow Iran to acquire nuclear weapons. This is not merely a commitment to Israel. Nuclear weapons in the hands of the Iranian regime could endanger the entire Middle East, undermine international security, and threaten every nation that believes in freedom and democracy.

The confrontation with Iran is not simply a struggle for geopolitical influence. It is a struggle over values, the future of the region, and the security of the free world.

Mr. President, you now stand at a historic crossroads. Domestic political pressure, public criticism, and the electoral cost of military action are challenges every American president must face. Presidents Wilson and Roosevelt, too, confronted domestic opposition, public skepticism, and high political costs.

History, however, does not judge leaders solely by election results or their popularity at a given moment. It judges them by the decisions they make at defining moments, by the courage they demonstrate, and by the world they leave behind.

Even if the Iranian regime has suffered severe blows, it has not abandoned its ideological ambitions. As long as it views nuclear weapons as a guarantee of its survival, it may do everything in its power to acquire them.

We must not assume that military defeat or damage to its current capabilities will necessarily lead it to abandon these ambitions. That is precisely why the free world cannot afford to settle for temporary achievements.

A superpower is measured not only by its strength, but also by the responsibility it assumes.

Leadership of the free world does not require America to fight every war or intervene in every conflict. It does, however, require America to recognize threats of historic significance, draw clear red lines against dangerous regimes, and act decisively when the security and values of the free world are at stake.

Mr. President,

You have a historic opportunity before you. You can be remembered not merely as a president who defended America’s interests, but as a leader who used America’s extraordinary power to prevent the Iranian regime from acquiring nuclear weapons and threatening the future of humanity.

This is not a call for war for the sake of war. It is a call to ensure that the achievements of the current campaign are not temporary, and that the world is not left facing an even greater nuclear threat in the future.

The world needs political courage, long-term vision, and difficult decisions. It needs leadership that does not surrender to the pressures of short-term politics, but acts with an understanding of the historic responsibility it bears.

President Roosevelt did not know how history would ultimately remember him when he made his defining decisions. He knew only what had to be done at a time when the world needed his leadership.

Mr. President, you, too, have been given the opportunity to choose how history will remember you.

Will you be remembered as the leader who settled for a temporary military achievement, or as the leader who ensured that the Iranian regime could never fulfill its ambition of acquiring nuclear weapons and holding the world hostage?

This is America’s moment. This is the moment for leadership.

Respectfully,

Vice-Admiral ret. Eliezer (Eli) Marom

The writer was commander of the Israel Navy from 2007-2011.

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Actress Selma Blair said her dream was to make aliyah, or immigrate to Israel, and expressed regret over not sending her son to a Jewish day school during an appearance at the Jewish Federations of North America’s General Assembly in Washington on Monday.

Blair, who attended Hillel Day School in the Detroit area, discussed her own Jewish upbringing and the educational choices she made for her son. She also said she wished her mother were still alive.

She told the audience she was “so honored to show up for this community and so grateful that you would still have me.”

Blair briefly addressed recent headlines surrounding her arrest following an in-flight incident last month, describing the situation as awkward and upsetting. She suggested the public did not yet have a full picture of what had happened.

She said she wanted to share her perspective, adding that it was “not my time to do that.” She expressed hope that people would better understand the situation in the future.

Actor Selma Blair leaves Queens Criminal Court following her arraignment after she was arrested after flight attendants reported a ''physically abusive passenger'' on a Delta Air Lines flight from Los Angeles to New York, in New York, US, October 12, 2026, in this still image taken from video. (credit: REUTERS/STRINGR.COM)

Blair was arrested on October 11 following an alleged altercation aboard a Delta flight from Los Angeles to New York. She subsequently pleaded not guilty to two state assault charges involving a police officer and a nurse. Her representatives said she had experienced a medical emergency. 

Blair spoke about Jewish identity, education

The actress has previously spoken publicly about her Jewish identity and attachment to Israel. At an Anti-Defamation League event in New York on October 1, she recalled learning to read Hebrew before English and described her connection to Israel. 

The General Assembly, running November 8–10, brings together Jewish communal leaders for discussions on antisemitism, Jewish education and the relationship between Israel and Diaspora communities. Monday’s plenary examined Jewish identity and the future of Jewish life in the West after October 7. 

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