Good morning, and happy Friday. It is a chilly start for much of the East, with rain along the coast and wet snow in the mountains. Here is what you need to know to start your day, gathered by the Upstormed News team.
Top stories
Nvidia CEO Jensen Huang resigns; CFO Colette Kress named interim chief
Nvidia said its co-founder stepped down effective immediately, and the chipmaker’s shares swung sharply on Thursday as investors weighed the sudden change at the top.
Brooklyn collapse death toll rises to 8, including 2 children
New York City ordered work stopped next door to the Flatbush site and began inspecting about 100 linked construction sites as the investigation widens.
Witkoff says progress made with Putin; new Ukraine talks set
After a long Kremlin meeting, the U.S. envoys said another round of U.S.-Russia-Ukraine talks is planned, this time with European participation.
House passes Star Act 392-18
The bill would let combat-injured military retirees collect both retirement and disability pay, a long-sought change for many veterans’ families.
SS United States sinks off Florida to become the world’s largest artificial reef
The famous ocean liner went down off Destin on Veterans Day night and will open to divers and anglers after safety checks.
Mortgage rates fall for a 4th straight week to 7.11%
Freddie Mac’s weekly survey showed a small dip, though borrowing costs remain far above last year’s levels.
Energy drinks tied to more cardiac arrest reports
New American Heart Association research found energy drinks and stimulant supplements showed up far more often in federal heart-emergency reports, with young adults making up nearly half.
EU proposes Digital Fairness Act
Europe’s proposal would ban paid loot boxes for minors, make subscriptions easier to cancel and let users switch off endless scrolling.
Pope Leo returns to Peru, his “homeland”
The pope, who spent two decades in Peru as a missionary and bishop, received a huge welcome in Lima as the last leg of his South America trip began.
New this morning
- Microsoft Outlook outage stretches into Friday
- Van Hollen launches challenge to Schumer for Senate majority leader
- Existing-home sales sink to lowest since 2010
- Commanders stun Giants 24-21
What to watch today
- 8:30 a.m. ET: Wholesale inflation. The government releases the October producer price index, one more read on prices after this week’s hotter-than-expected consumer inflation report (TipRanks; Stock Titan).
- Microsoft outage recovery. Microsoft was still working overnight to restore Outlook and Exchange Online mailbox access after Thursday’s widespread disruption (Azure Blog; Euronews).
- Northeast storm. Rain along the I-95 corridor, wet snow in the interior mountains and gusty winds continue into Saturday, while the first freeze reaches parts of the Southeast (The Weather Channel).
- At the movies. Paramount’s “Ebenezer,” a Gothic take on “A Christmas Carol” starring Johnny Depp, opens in U.S. theaters today (Wikipedia).
- World Kindness Day. Today is World Kindness Day, observed since 1998 (timeanddate).
Good news
Spain’s brown bear population has roughly doubled and the animals have expanded where they breed, a conservation success story reported by Good News Network.
Quote of the day
“Faith is why I’m here today and faith is why I made it through.”
— Jonathan Anthony Burkett
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