Tuesday, October 24, 2017

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Quote of the day: "The best revenge is massive success." -Frank Sinatra

The White House: Vice President Mike Pence joined Senate Republicans to break vote 50-50 tie. Tuesday the Senate voted to remove the Consumer Financial Protection Bureau placed in July a "banking rule that would let consumers band together to sue their banks or credit card companies to resolve financial disputes." This is an effort by the Trump administration and GOP Congress to undo regulations that the Republican Party claim to harm the free markets.  

Politics: Republican Senator Jeff Flake (R-AZ) announces retirement after his current term expires in January 2019. Flake a long time critic of the President addressed the Senate denouncing Trump, "The notion that one should stay silent as the norms and values that keep America strong are undermined and as the alliances and agreements that ensure the stability of the entire world are routinely threatened by the level of thought that goes into 140 characters."

Business: Apple CEO Tim Cook in an interview with BuzzFeed said he is seeking to prepare his successors, "I see my role as CEO to prepare as many people as I can to be CEO, and that's what I am doing. And then the board makes a decision at that point in time."

U.S.: Five teen boys ages 15-17 in Michigan may face life in prison if convicted of second-degree murder after throwing a 6-pound rock at a van killing a 32-year-old man. On Oct. 18 two men were on their way home from work when the driver said he saw a large rock coming towards the van fatally hitting passenger Kenneth White on the chest and head.

World: Chinese Congress revealed its new leadership committee, President Xi Jinping will remain president of China for the next five years writing his name in the constitution, yet no successor was appointed. Six other Politburo Standing Committee members were named to help lead the Communist Party. In a speech Xi outlined his vision for a 'New Era' China in which the Communist Party will help the country return to its former glories.

Science/Tech/Health: The Federal Communications Commission voted 3-2 to end 80 year- old rule that requires tv and radio stations to maintain a studio the areas where they have a license to transmit. FCC chairman Ajit Pai said, "the public these days is much more likely to interact with stations online. Additionally, technology allows broadcast stations to produce local news even without a nearby studio."

Entertainment: The Kardashian family sign deal with the E Network for three additional seasons until 2020 of 'Keeping Up With the Kardashians' for an estimated $150 million according to TMZ. Sisters Kim, Kourtney, and Khloe are reported to split 50-60% of the $150 million and the rest will be distributed to other family members, the family will enter its 14th season since its launch in 2007.

Sports: The Los Angeles Dodgers win game 1 of the World Series against the Houston Astros 3-1 at Dodger Stadium. Pitcher Clayton Kershaw striking out 11 over 7 innings helping the Dodgers win Tuesday night. Game 2 will be played Wednesday in Los Angeles.


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