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The Latest Breaking News from Wall Street Journal

Meet the ultrawealthy children of the world's richest man Bernard Arnault, vying to take over his LVMH empire in a real-life 'Succession' plot

LVMH chief Bernard Arnault briefly unseated Elon Musk as the world's richest man at $184.7 billion. Meet his kids, who run Tag HEUER, design Louis Vuitton watches, and more.

Fortune

Facebook threatens to remove all news content if bill forcing payments to local media outlets passes

Meta/Facebook is threatening to remove all local news from its platform following reports that proposed legislation to force Big Tech to pay publishers for news content is being added to a defense bill in a bid to win approval during the lame-duck Congress session.

Chicago Tribune

EU ruling restricts Meta’s targeted ad model: Report

The ruling could limit the data Meta may access to sell personalised ads, The Wall Street Journal reports.

Al Jazeera

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Facebook's own oversight board slams its special program for VIPs

Oversight board says Facebook parent Meta appears to be more concerned with avoiding "provoking" VIPs and evading accusations of censorship than balancing tricky questions of free speech and safety.

WEKU

Sexually Active Gay Men May Soon Be Able To Donate Blood in America

Men in monogamous relationships may get clearance to give.

Reason

David Lat on Hogan Lovells' Firing of Semi-Retired Equity Partner for Comments on Abortion and Race

"[T]here is increasingly no place for social conservatives in many large law firms."

Reason

Joe Rogan tops Spotify yet again

Despite or because of multiple controversies, including misinformation, people continue to listen to Joe Rogan

Salon

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Miami-Dade County will add millions to FTX bankruptcy claim unless the arena naming rights deal with the crypto exchange is terminated

If the agreement isn’t terminated by Jan. 1, the county said it will add $5.5 million to its $16.5 million claim in bankruptcy court.

Fortune

Uniting for Ukraine Private Refugee Sponsorship Program Breaks Through Bureaucratic Red Tape

In sharp contrast to the sclerotic traditional refugee admissions program, the new private refugee sponsorship program enables Ukrainians fleeing war and repression to enter the US quickly and relatively easily. As a participating sponsor myself, I have firsthand knowledge of its effectiveness.

Reason

Crypto lender Genesis denies bankruptcy plans after FTX collapse

Genesis’s comments come days after it halted customer withdrawals due to liquidity difficulties.

Al Jazeera

Elizabeth Holmes’s 11.25-year sentence will send shock waves through the tech industry

Court observers said the judge intended to set an example.

Fortune

How the Russian economy is defying and withstanding western sanctions

Since Russia first invaded Ukraine in February 2022, western media has frequently suggested that economic sanctions against the Russians are going to stifle the war effort or even bring the country to its knees.

The Conversation

The Australian’s editor Chris Dore lost his job after attending News Corp event in California

Exclusive: Key Murdoch editor attended Wall Street Journal Tech Live event at Laguna Beach last month along with top News Corp executives

The Guardian - AU

Verdict Against Auburn University in Economics Professor's First Amendment Retaliation Lawsuit

In Stern v. Roberts, a jury just held that Auburn University had retaliated against Prof. Michael Stern, a tenured economics professor, based on his speech; the jury awarded $145K in compensatory damages and $500K in punitive damages. Here are the factual allegations from the earlier opinion denying summary judgment: In…

Reason

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Reuters

Fox News' Hannity welcomes Trump White House bid opposed by other Murdoch media

Donald Trump's 2024 bid for the U.S. presidency was broadcast live and welcomed on the Fox News “Hannity” show on Tuesday, even as others in Rupert Murdoch-controlled media oppose giving the former president another tilt at the White House.

Ballotpedia

Economy and Society, November 15, 2022: Former BlackRock senior adviser expresses concerns with ESG

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Benzinga

Flu Season Starts At Its Fastest Pace Since 2009 — Canada And Parts Of The U.S. Are Now Facing A Tylenol, Advil Shortage

The U.S. flu season is already off to a fast start as children return to schools, less mask-wearing and travel returns to COVID-19 pre-pandemic norms.

Chicago Tribune

Editorial: The results speak for themselves. It’s time for Republicans to can Donald Trump

Former President Donald Trump’s name wasn’t on the ballot in the midterms. But his presence — for better and worse — reminded us of a blimp in a circus tent, set to deflate.

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news in one place.

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Fortune

‘Where is Sam Bankman-Fried?’ becomes question of the moment for crypto watchers after FTX bankruptcy

The intrigue surrounding FTX founder Sam Bankman-Fried’s location is notable given how open and accessible he was before.

Reuters

Yellen believes sanctions on Russia could extend beyond Ukraine war's end - WSJ

U.S. Treasury Secretary Janet Yellen said some sanctions on Russia could remain in place even after any eventual peace agreement with Ukraine, the Wall Street Journal reported on Sunday.

ABC News

Is Donald Trump really in trouble? What the Republican blame game over the midterm elections suggests about 2024

While counting continues to decide the balance of power after the midterm elections, Republicans are openly lamenting how the predicted "red wave" turned into more of a puddle — and many are pointing the finger of blame directly at Donald Trump.

Tribune News Service

Biden, DeSantis get midterm jump on Trump as 2024 White House race begins

The 2024 presidential race is taking shape following midterm elections that gave an early boost to President Joe Biden and Florida Gov. Ron DeSantis, while leaving Donald Trump on the defensive.

Asharq Al-Awsat

Seoul Denies Report of Arms Deal with US for Ukrainian Forces

South Korea on Friday denied a report that it would sell artillery shells for use by Ukrainian forces, claiming the munitions -- if the ongoing deal negotiation is finalized -- will be for US forces only. The United States was nearing an agreement to purchase 100,000 rounds of 155 mm…

Bangkok Post

Powerful Murdoch media turns on 'loser' Trump

WASHINGTON: The powerful media empire of conservative billionaire Rupert Murdoch appeared to turn its back Thursday on Donald Trump, labeling the former US president a "loser" who shows "increasingly poor judgement" after the midterm elections.

Salon

Murdoch dumps "biggest loser" Trump

"They have turned on him," said MSNBC host Joe Scarborough. "They want him gone"

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People

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