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03.10.2024 21:18
Hurricane Helene relief funding up in the air with Congress in break Federal relief funds for recovery from Helene are in limbo with Congress still in recess. President Biden is pushing for lawmakers to regroup soon as many in the Southeast struggle without power and basic needs. CBS News congressional correspondent Nikole Killion has more.

03.10.2024 21:27
Toyota's EV delay reveals price of protectionism against China - Nikkei Asia TOKYO -- U.S. and European efforts to shield their electric vehicle markets from cheap Chinese imports are driving up prices and weighing down demand, forcing automakers like Toyota Motor to reevaluate their business strategies.One Toyota dealership in New York was offering to lease an electric bZ4X sport utility vehicle for just under $30,000 in September -- a roughly 40% discount on its sticker price. The automaker will delay the start of EV production in North America to 2026 amid market headwinds, Nikkei reported Thursday.

03.10.2024 21:36
10/3: CBS News 24/7 Episode 1 Middle East braces for Israeli response to Iran attack; Hurricane Helene relief funding up in the air during congressional break.

03.10.2024 21:55
China's local governments rein in infrastructure bonds on budget fears - Nikkei Asia BEIJING -- Faced with falling revenues, Chinese local governments are issuing debt to finance infrastructure projects at the slowest pace in three years despite encouragement from Beijing.China's national government in March set a ceiling of 3.9 trillion yuan ($554 billion) for local governments to issue special-purpose bonds this year, up 3% from 2023 and the largest-ever annual limit. Yet issuance from January to August came to just 66% of the quota, falling nearly 20% short of the value during the same period last year.

03.10.2024 22:03
A curious and independent mind: Henry Kravis (4) - Nikkei Asia My parents' first child, named George after my grandfather, lost his life suddenly to crib death. Their second son, my elder brother, was also named George. We were born five years apart. Due to the tragic loss of their first child, my parents raised George with extreme care and were very overprotective of him, which ultimately left me more freedom to grow and become an independent thinker. I didn't ask my parents how things were done. I tried to figure it out on my own, a trait that remains in my blood to this day.I remember an episode when I was 3 years old. I'll never forget it. It's like it was yesterday. I was sitting on the floor of my bedroom and my mother looked in and said, "What are you doing?" "I'm tying my shoelaces," I replied. She said, "You don't know how to tie your shoelaces." I then told her, "I'm going to figure it out." And somehow, I did.