Bed Bath & Beyond shares plummet as company warns of deeper financial troubles

US Top News and Analysis 

In this article

BBBY

A Bed Bath & Beyond store is seen on June 29, 2022 in Miami, Florida.
Joe Raedle | Getty Images News | Getty Images

Bed Bath & Beyond warned Thursday that it has had slower than expected sales, which contributed to mounting losses and deeper financial troubles for the struggling home goods retailer.

Shares of the company plummeted by 17% in pre-market trading.

Net sales in the fiscal third-quarter, which ended Nov. 26, are expected to be about $1.26 billion — a sharp drop from $1.88 billion in the year-ago period.

This is breaking news. Please check back for updates.

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Why Pence and Pompeo should drop out before dropping into the 2024 presidential race

Just In | The Hill 

The calendar says 2023, but politically, it’s 2024. Therefore, at the beginning of this volatile two-year presidential campaign cycle, expect at least half of the predictions and prognostications to be inoperative by January 2024. (But we don’t know which half!)

My speculation about a small fraction of the half likely to be valid a year from now concerns two names on The Hill’s recent report, “GOP Rankings: The Republicans most likely to be the party’s 2024 presidential nominee.” Ranked fifth was former Secretary of State Mike Pompeo, who leads former Vice President Mike Pence, in seventh place.

These distinguished “formers” from President Trump’s Cabinet share a similar trajectory (going nowhere) while deciding whether to fight their old boss and enter the race. I say, “don’t waste your time,” because this vainglorious exercise invariably leads to a future announcement: “Today, I will end my campaign.”

Meanwhile, the Mikes are trolling in Iowa, have visited New Hampshire and are touring red states to flack their books. Pence’s book, titled “So Help Me God,” last week ranked #11 on the New York Times bestseller list. Even so, the former VP fails to generate excitement outside his loyal base of white evangelical voters, which he famously brought to Trump’s victorious ticket in 2016.

Pompeo’s book “Never Give an Inch: Fighting for the America I Love” has a Jan. 24 publication date. But the only list that both Pompeo and Pence are likely to top is “Republicans least likely to win the 2024 nomination.”

Let’s begin with Pence, an honorable, loyal Christian man. Pence – after four years one breath away from becoming the most powerful man on the planet – has scar tissue from continuously biting his lower lip while silently standing next to President Trump.

However, when all the facts are known about Team Trump’s plot to remain in power, I believe history will cast Mike Pence as an American hero for his courageous actions on Jan. 6, 2021.

At the Capitol, when democracy was under attack (with a gallows erected to chants of “hang Mike Pence”), the vice president honored his oath of office, “so help me God.” And faithfully, under intense presidential pressure, Pence ignored Trump’s pleas not to fulfill his constitutionally mandated duty to certify the Electoral College votes. Consequently, repeatedly, he was called a “traitor” and shunned by the majority MAGA wing of the Republican Party.

Two years later, Pence is squandering his heroic legacy since testing presidential waters means he must appease Trump’s loyal base and convince them to support him. Hence why Pence has never publicly condemned Trump’s actions or the trauma he endured before, during and after Jan. 6, 2021.

Last year on the anniversary of Jan. 6, my Hill op-ed was headlined, “The ‘hero’ of Jan. 6 should embrace the truth.” But American voters are still waiting for Pence’s “truth” since he declined to testify in front of the Jan. 6 committee. In the meantime, on his book tour, Pence boasts about the Trump/Pence administration’s accomplishments, anticipating his 2024 run — running in circles earning single-digit support in GOP preference polls.

Instead, Pence should withdraw from 2024, play his heroic trump card and inspire others to do the right thing when the going gets tough in life-and-death situations.

Pence also knows that Trump could be toppled with the smallest bench of primary candidates. That’s another reason for Pence to declare, “So help me God” and serve the country by playing kingmaker — leading his evangelical base to support a godly winning candidate not named Trump.

But Mike Pompeo is not that candidate. Although fifth in The Hill’s rankings, Pompeo earned only 1 and 2 percentage points in recent GOP primary polls. Nevertheless, the former Kansas congressman tapped by Trump to be CIA director then secretary of state, and now a Fox News contributor, has a presidential resume — but only by divine intervention will he occupy the Oval Office. Speaking of almighty works, on Dec. 29, I received a fundraising email from Mike Pompeo with the subject line: “Wisdom from the Bible.” Pompeo quoted a passage from Jeremiah and then wrote:

“Our God-given freedoms are under assault. That’s why I created the Freedom Fund. To defend the freedoms and values that make America great against government overreach and the radical Left.” He continued:

If you love America and refuse to let the Democrats turn the American dream into a socialist nightmare, then I need YOU to step up right away with an emergency donation to our Freedom Fund.

Hey Mike: What about the “nightmare” perpetrated by your former boss, who trampled the Constitution trying to overturn a legitimate election to keep himself in power? Why haven’t you directly criticized his actions?

At least Pompeo had the guts to speak with the Jan. 6. committee. Then last week, his testimony transcript was released, with his shocking answer to the following question found on page 17, lines 14-16:

Q. “Did you reach out to any counterparts in other countries on [Jan 6] to convey any information or reassure them as the attack on the Capitol was unfolding?”

A. “I don’t recall.” 

Pompeo’s answer signals a dereliction of duty and makes for an embarrassing opposition ad that writes itself. Cue the footage and deep male voice-over:

“The Capitol is under siege. A necessary step for the transfer of presidential power is threatened and halted. The vice president is hiding, the president is silent for hours, and Secretary of State Mike Pompeo says, ‘I DON’T RECALL’ reaching out to reassure our allies.”  

Chances are Pompeo’s candidacy won’t get far enough to warrant that script. With no political lane, branding or constituency, Pompeo stands for nothing but lofty platitudes and, worse, will lose his Fox News gig once he declares.

New Year’s memo to Pence and Pompeo: Stay on the sidelines, write books, speak the truth about your old boss and support candidates who can defeat him.  

Drop out before you drop in.

Myra Adams writes about politics and religion for numerous publications. She is a RealClearPolitics contributor and served on the creative team of two GOP presidential campaigns in 2004 and 2008. Follow her on Twitter @MyraKAdams.

​Campaign, Opinion, 2024 presidential election, Mike Pence, Mike Pompeo, pence Read More 

A fire at a Wisconsin dairy factory melted butter and clogged up a canal

Business Insider 

The factory blaze occurred on January 2.

A fire at a Wisconsin dairy factory caused melted butter to run into a nearby canal.
Authorities said the fire started in the butter room, causing it to melt and spread.
A hazmat team tried to stop the butter flowing into the canal with absorbent material and booms.

A blaze at a Wisconsin dairy factory caused melted butter to flow into a nearby canal and storm drains despite the best efforts of the local fire department.

In a Facebook post, Portage Fire Department wrote that it was dispatched to an Associated Milk Producers factory in Portage on January 2, and found thick smoke coming from the three-story complex.

“The fire started in a room where butter was being stored and as it was heated it began to flow throughout the structure,” the fire department wrote. “The butter runoff and heavy smoke slowed access to the structure.”

The department said after “multiple hours” of tackling the blaze, it was able to stop the fire before it could spread beyond the building.

Nevertheless, the melted butter escaped from the factory into the adjacent canal. The department said a hazmat team had tried to control the runoff into the canal and storm drains with booms and other absorbent material. 

The fire department said that Wisconsin’s Department for Natural Resources was due to assess damage to the canal and storm drains on Wednesday.

No injuries were reported.

Associated Milk Producers is the largest cheese co-operative in the US, according to its website, with 1,000 employees. Its Portage plant is mainly used to package cheese.

The Portage canal is an historic site, with references to its use by Indigenous Americans, and early French explorers and fur trappers as early as 1640. 

Remediation work for the 2.5 mile canal including dredging is ongoing, with progress delayed by the COVID-19 pandemic.

Read the original article on Business Insider

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House GOP holds breath for elusive speaker deal as it heads into 10th vote

Politics, Policy, Political News Top Stories 

House Republicans hope they are nearing the end of their prolonged speaker fight. They aren’t seeing white smoke just yet, though.

And while Kevin McCarthy’s allies hope that his negotiations with his detractors are yielding meaningful progress, that wasn’t reflected on the floor Thursday. For a third day in a row, the California Republican fell short in his bid for the speaker’s gavel in seventh, eighth and ninth ballots — a historic stalemate that has paralyzed the party’s new majority.

The few visible shifts among his opponents were not in his favor: While most rallied behind Rep. Byron Donalds (R-Fla.), firebrand Rep. Matt Gaetz (R-Fla.) prompted groans when he nominated former President Donald Trump. On the ninth ballot he joined Reps. Lauren Boebert (R-Colo.) and Josh Brecheen (R-Okla.) in backing Rep. Kevin Hern (R-Okla.), a name POLITICO previously reported as rippling amongst McCarthy’s defectors.

The next steps for McCarthy are unclear. GOP leadership is mulling trying to adjourn the chamber, potentially through the weekend, to give McCarthy more time to hold meetings and solidify a deal that they hope will win him the speaker’s gavel.

But such a move would require help from Democrats or near unity from Republicans, who only narrowly won an unruly vote Wednesday to adjourn for the night. Complicating the plan for Republicans are concerns that a mix of health and family commitments could peel off a small number of McCarthy supporters if members remain in town into Friday and the weekend.

“We’re gonna be missing some numbers for medical issues and whatnot. So I don’t know what tomorrow’s going to look like,” Rep. Brian Fitzpatrick (R-Pa.), a McCarthy ally, said.

Republicans are also missing one member: Rep. Ken Buck (R-Colo.) missed the ninth ballot after traveling back to his home state for a “planned non-emergency medical procedure,” a spokesperson told POLITICO. Buck’s office didn’t detail a timeline for when the GOP lawmaker would come back, except that he “hopes to return to D.C. as soon as possible.”

Meanwhile, Republicans are still trying to figure out if the glimmers of hope over the potential deal are just a mirage. McCarthy met nearly every one of the holdouts’ demands, but that may not be enough to get him across the finish line. And in a slim majority, he can’t afford to alienate the other side of his conference, where centrists and institutionalists already have heartburn over the proffered deal.

“I want to see what those concessions are, line by line. And maybe name by name,” said Rep. Steve Womack (R-Ark.)

“Frustrated? That’s mild,” he added.

McCarthy, for now, is cautioning patience. He told reporters as he headed to the floor on Thursday that he didn’t expect the votes against him to change yet, but that he thought that in a series of closed-door meetings that they were “having really good progress.”

“We’re just gonna keep working until we solve it,” McCarthy said.

He also spent the votes Thursday huddling with some of his detractors. He was spotted chatting with Rep.-elect Andy Ogles (R-Tenn.) and Rep. Andrew Clyde (R-Ga.), two members who are so far opposing his bid. Clyde, asked afterward about the conversation, told a reporter that it was “none of your business.”

Meanwhile, GOP Whip Tom Emmer convened meetings in his office during the votes, including with Rep. Dan Bishop (R-N.C.), one of the no votes.

“This is the most hopeful set of conversations we’ve had in weeks,” McCarthy ally Rep. Patrick McHenry (R-N.C.) said, adding that the offer by leadership allies amounts to “clarifying what our intent is — and that enables trust, where some have had trust issues.”

Yet tensions remain sky-high among House Republicans. During one meeting between McCarthy and Main Street Republicans, Rep. Dusty Johnson (R-S.D.) told members that if anyone was wavering, they should “get out,” according to a member in the room who spoke candidly on condition of anonymity.

Johnson’s move was meant to ensure those who stayed were unified in backing McCarthy. No one left the room.

McCarthy’s pending offer to conservatives includes items many in his conferences once viewed as red lines.

It would, according to two Republicans familiar with the proposal, include a vote on term limits for members, more seats for Freedom Caucus members on the powerful House Rules Committee, and allowing a single member to force a vote on ousting the speaker. That last item is a particularly steep climbdown for McCarthy — essentially guaranteeing that if he does land the gavel, it’s never fully safe.

Additionally, the conservative Club for Growth agreed Thursday to back McCarthy’s speaker bid pending the deal. That came after the McCarthy-aligned Congressional Leadership Fund reached a deal with the Club, which had initially signaled opposition to McCarthy, to stay out of open House primaries for safe Republican seats.

Some senior Republicans and moderates, already feeling heartburn about the extent of McCarthy’s compromise offers, are anxiously awaiting details about the extent of the changes agreed to. Those who have long detested the antics of the conservative Freedom Caucus, were starting to wonder if their leader might be getting picked clean of any authority as multiple votes chipped away at his standing.

“At some point, you have to push back and say enough is enough,” one frustrated House Republican said on condition of anonymity late Wednesday night, shortly before the latest concession offer emerged. “But especially when you have members [in opposition] that had [McCarthy] hosting fundraisers and taking photos with them out in their districts.”

But even that olive branch to conservatives may not be enough to land McCarthy the speakership.

“We’re not even really talking about a deal,” House Freedom Caucus Chair Rep. Scott Perry (R-Pa.) told reporters on Thursday.

McCarthy’s camp is hoping that if they can winnow down his opposition from 20 to a half-dozen or so, the pressure on the remaining holdouts will be so great that enough would cave. McCarthy has also floated that if he can flip enough “no” votes into his column, he could convince others to vote “present.”

But one McCarthy ally, speaking on condition of anonymity, cautioned that the situation could “get worse before it gets better.” There’s an expectation that McCarthy could lose a handful of votes from exasperated members if balloting continues on Thursday.

And another GOP leadership aide said there are likely still five “hard nos” against McCarthy: Gaetz (Fla.), Boebert (Colo.), Andy Biggs (Ariz.), Bob Good (Va.) and Matt Rosendale (Mont.). McCarthy can only lose four GOP votes and still win the speakership, assuming full attendance.

“We need to get to a point where we evaluate what life after Kevin McCarthy looks like,” Boebert said as she nominated Hern.

McCarthy allies are also worried about incoming Rep. Eli Crane (Ariz.).

McCarthy’s camp also expects that he may eventually have to endorse conservatives for committee gavels, such as Rep. Andy Harris (Md.), who’s pushing to lead the Health and Human Services subcommittee on Appropriations, or Rep. Mark Green (R-Tenn.), who’s gunning to lead the Homeland Security Committee. (Those decisions are subject to the approval of the GOP steering committee, though McCarthy’s influence is significant.)

If the negotiating gets that far, it’s bound to upset centrists and even some mainstream conservatives, who are likely to argue that McCarthy is rewarding bad behavior.

Rep. Dan Crenshaw (R-Texas), for example, also wants the Homeland Security gavel.

Rep. Don Bacon (R-Neb.), for one, called dropping the motion to vacate down to one member a “terrible decision,” but left the door open if it got McCarthy the speaker’s gavel.

“I don’t like it. I don’t want to vote for it. But I’m willing to discuss it,” said Bacon, while warning that setting it at one member could result in the step being taken “every week.”

Kyle Cheney contributed to this report.

​ Read More 

Biden to announce new border plan to curb illegal crossings by migrants

Politics, Policy, Political News Top Stories 

President Joe Biden on Thursday will announce plans to accept up to 30,000 migrants per month from Cuba, Haiti, Nicaragua and Venezuela in a border strategy that will be paired with the expanded use of Title 42 expulsions.

The president, in a speech in the Roosevelt Room of the White House, will unveil a new humanitarian “parole” program for migrants from those nations, according to several people familiar with the planning. It will reflect his administration’s latest venture to combat a migration surge straining the U.S. immigration system.

The new policy is modeled after the one rolled out solely for Venezuelans this fall, which created a narrow pathway for up to 24,000 migrants who have preexisting ties in the United States, and people who could provide financial and other support. Implementation of the program, which deals with countries facing political and economic turmoil, is dependent on the use of the Title 42 authority to turn away those at the U.S.-Mexico border who don’t qualify.

Border agents have already turned away masses of Venezuelans using Title 42 authority over the past few months, and now they will do the same for Cubans, Haitians and Nicaraguans.

The program for Venezuelans, announced in October 2022, forces migrants to apply for asylum from their home country, while expelling those who tried to enter the U.S. unlawfully from Mexico. Venezuelans who were approved for humanitarian parole were allowed to enter the U.S. by air. The number of those migrants crossing illegally has dropped 70 percent, falling from about 21,000 in October to 6,200 in November, according to latest U.S. Customs and Border protection data.

The program’s unveiling comes a day after Biden announced that it is his “intention” to make his first trip to the border as president ahead of next week’s visit to Mexico City for a meeting with Mexican President Andrés Manuel López Obrador and Canadian Prime Minister Justin Trudeau. The border crisis is expected to be a top issue at the summit.

The president’s speech will likely be met with swift criticism from immigration reform advocates and lawyers who condemn any expansion of the Trump-era border policy, which has allowed border agents to immediately expel millions of migrants on public health grounds without considering their claims for asylum. For days, administration officials have been weighing the political consequences of doubling down on Title 42.

The border dilemma has intensified for the Biden administration in recent weeks as officials prepared for a court-ordered end to Title 42 limits, only to see the Supreme Court temporarily block lifting the policy. But regardless of the Trump-era policy’s fate — set to be decided by the high court later this year — the southern border is facing a record-breaking migration influx likely to remain a key policy issue throughout Biden’s presidency.

Biden is also facing growing criticism from both Republicans and Democrats on border issues. Thursday’s announcement could temporarily help the administration tackle the record number of people fleeing to the U.S. but it will also open the White House up to criticism that it is utilizing a pandemic-era tool that Biden, who has said the pandemic is over, has formally pushed to ax.

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Prince Harry reportedly alleges in new book that brother William physically attacked him

US Top News and Analysis 

Britain’s Prince Harry, Duke of Sussex (L), and Prince William, then the Duke of Cambridge (R), attend the unveiling of a statue of their mother, Princess Diana, on July 1, 2021.
Dominic Lipinski | Afp | Getty Images

LONDON — Prince Harry’s upcoming autobiography details an alleged fight in which his older brother, the future British king Prince William, pushed him to the floor, according to a report in The Guardian newspaper on Thursday.

The U.K. newspaper cited a copy of the book, titled “Spare,” which it says it obtained ahead of its publication on Jan. 10. CNBC or NBC News have not seen or been able to obtain a copy of the book.

Harry described in a recent Netflix documentary how his relationship with his brother William, currently the Prince of Wales and first in line to the throne, deteriorated amid negative media coverage of his wife Meghan Markle and the couple’s decision to walk away from their roles as senior members of the royal family.

Harry and Meghan remain the Duke and Duchess of Sussex but gave up the title “royal highness” and no longer receive public funds.

In “Spare,” Harry will claim that during a 2019 fight at his home in London, William called Meghan “difficult,” “rude” and “abrasive,” according to the Guardian report. Harry reportedly accuses him of repeating attack lines in the British press.

Harry also alleges William grabbed him by the collar, ripping his necklace, and knocked him to the floor. He writes he then landed on a dog bowl which shattered, leaving him with “scrapes and bruises.”

Kensington Palace, representing the Prince of Wales, and Buckingham Palace, representing King Charles III, have declined to comment on the allegations. A representative for Prince Harry declined to comment on the record to NBC News and “Spare” publisher Penguin Random House has not yet responded to an NBC News request for comment.

VIDEO3:1303:13
Prince Harry and Meghan Markle’s tell-all interview with Oprah stuns viewers worldwide

“Spare” is expected to contain a host of new accounts of conversations that have taken place between senior royals and their actions, including their relationship with the U.K. press, which Harry has heavily criticized.

Its publication follows a series of media appearances by Harry and Meghan, who married in 2018 and stepped down as senior royals in early 2020.

In March 2021, they were interviewed by Oprah and made a series of claims about the behavior of the royal family, including that one member had “concerns and conversations” about how dark the color of Harry and Meghan’s first child would be. Meghan is biracial.

She also alleged she had been the victim of a “character assassination” by the British press and was not defended by the palace, with the pressure leaving her feeling she “didn’t want to be alive anymore.”

William denied that the family were racist in public comments at the time, and the palace said in a statement that the allegations were “concerning” and that “while some recollections may vary, they are taken very seriously and will be addressed by the family privately.”

In a six-part documentary released in December, the couple further criticized the media and detailed strained relationships with royal family members, as well as the story of their relationship and move to the U.S. They currently live in Santa Barbara, California.

“Harry & Meghan,” directed by Oscar-nominated Liz Garbus, was Netflix’s biggest-ever debut documentary and notched 81.55 million views within its first four days of release, according to the streaming service.

VIDEO3:2103:21
Here’s a breakdown of Prince Harry and Meghan Markle’s current income

Since resigning as senior royals, Harry and Meghan have said they will be financially independent, though Harry has strongly criticized a U.K. government decision to withdraw taxpayer-funded police protection for his family in 2020.

“Spare,” published by Penguin Random House, will be released in audiobook and hardback next week and is currently among the top preselling books on the U.K. and U.S. Amazon websites. A publisher bio says proceeds from the book will go to charities, with $1.5 million already paid to Sentebale, a charity supporting young people in Lesotho and Botswana affected by HIV and AIDS.

The couple have also signed a multi-year deal with Spotify through their production house Archewell, reported to have been worth between $20 million to $30 million, with Meghan launching an interview podcast in 2022.

Archewell Productions is due to release another Netflix series, “Heart of Invictus,” in 2023.

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Amazon says it will cut over 18,000 jobs, more than initially planned

Andy Jassy, CEO of Amazon Web Services.

CNBC

Amazon said Wednesday it will cut more than 18,000 jobs, a bigger number than the e-retailer initially said it would be eliminating last year.

The Wall Street Journal reported on the cuts earlier, which Amazon said preempted its planned announcement.

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Salesforce's cost-cutting plan is a much-needed move for an economic downturn

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“We typically wait to communicate about these outcomes until we can speak with the people who are directly impacted,” CEO Andy Jassy wrote in a memo to employees that the company published on its blog. “However, because one of our teammates leaked this information externally, we decided it was better to share this news earlier so you can hear the details directly from me.”

Tech companies are picking up in 2023 where they left off last year, preparing for an extended economic downturn. Salesforce said Wednesday it would reduce head count by 10%, impacting more than 7,000 employees. Both Amazon and Salesforce admitted they hired too rapidly during the Covid pandemic.

Amazon specifically acknowledged that it had added workers too quickly in warehouses as consumers shifted to online ordering. The company employed 1.54 million people at the end of the third quarter.

In November, Jassy said Amazon would eliminate roles, including at its physical stores and in its devices and books divisions. CNBC reported at the time that Amazon was looking to lay off around 10,000 of its employees. Now the number is higher.

“Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so,” Jassy wrote. “These changes will help us pursue our long-term opportunities with a stronger cost structure; however, I’m also optimistic that we’ll be inventive, resourceful, and scrappy in this time when we’re not hiring expansively and eliminating some roles.”

Amazon plans to inform employees who will lose their jobs starting Jan. 18, Jassy wrote, noting that most cuts will come in the stores and People, Experience, and Technology (PXT) groups.

WATCH: Could Bezos return as Amazon CEO?

Jeff Bezos could return as Amazon CEO this year, says Ritholtz’s Michael Batnick

source

GOP discusses new concessions in behind-the-scenes talks on making McCarthy Speaker

Just In | The Hill 

Discussions between Republican Speaker nominee Kevin McCarthy (Calif.) and some of his 20 GOP detractors progressed on Wednesday after a sixth failed Speaker vote, pointing to more concessions from McCarthy as he aims to win over some of them ahead of the House returning at noon on Thursday.

Items discussed in the meetings, according to a source, included lowering the threshold for a motion to vacate the chair – a move to force a vote on ousting the Speaker – to one member. 

A previous concession from McCarthy in a House Rules package released over the weekend had lowered that threshold to five members, after the House GOP in November had adopted a measure requiring support from half of the conference to bring up the measure. 

The longtime request from members of the House Freedom Caucus would restore the procedural motion as it was before House Democrats took the majority, which they argue is a check on the Speaker’s power.

Rep. Chip Roy (R-Texas) said Wednesday evening that negotiations also included measures related to spending.

“There was a prong in there for how are we going to end limitless spending in this town,” Roy told reporters. “We’ve got some vague notions of what we’re talking about. I’ve got some stuff here from a conversation that I gotta go figure out what it means.”

There was also discussion of increasing representation of hardline conservative members on the powerful House Rules Committee, and bringing a vote on a bill imposing term limits on members of Congress. Rep. Ralph Norman (R-S.C.), one of the members voting against McCarthy, previously introduced legislation limiting House members to three terms and senators to two terms. 

The developments in negotiations come in addition to a McCarthy-aligned PAC, the Congressional Leadership Fund, committing to not spend in safe GOP open-seat primaries

Key holdouts had requested that leadership not be involved in Republican primaries, and the influential conservative Club for Growth PAC over the weekend had called on the Congressional Leadership Fund to be prohibited from spending in open Republican primaries. After the agreement, though, the Club for Growth said that it would support McCarthy for Speaker.

As of Thursday morning, however, no McCarthy holdouts had said they were moved by the talks. Lawmakers involved did not expect a breakthrough or ultimate resolution on Thursday, but said things are moving in a positive direction.

“I think tempers have cooled down,” Rep. Kelly Armstrong (R-N.D.), a McCarthy ally, said Wednesday evening. “That doesn’t mean people aren’t any more galvanized, but when you can lower the temperature, you have a better chance of a positive outcome.”

Still, some of the anti-McCarthy crowd is signaling that they will never vote for him. A bloc of just five GOP members can keep him from the gavel, assuming all members vote for a candidate.

Rep. Matt Gaetz (R-Fla.) left a meeting with McCarthy on Wednesday chastising the California Republican for portraying holdouts as demanding certain committee assignments and gavels as a condition of support. According to Gaetz, McCarthy had requested that members come up with suggestions of who would want to sit on certain committees or hold certain gavels.

“It was a bad-faith effort for McCarthy to solicit a list and then use that list in some way to try to divide our conference,” Gaetz said.

Rep. Lauren Boebert (R-Colo.), who left the meeting with Gaetz, was asked if there is anything that McCarthy can do to win her support.

She said: “No.”

​House, News Read More 

Online holiday sales jump by 3.5% as discounts persuade deal-hungry shoppers

US Top News and Analysis 

In this article

ADBE

D3sign | Moment | Getty Images

Online sales during the holiday season jumped 3.5% year over year to $211.7 billion, according to Adobe Analytics, as record high discounts persuaded shoppers to open up their wallets.

That spending marked a new record for e-commerce sales during the major retail season, according to Adobe. The overall spending got a boost from key shopping holidays, including $35.3 billion in online sales during Cyber Week, the five-day period from Thanksgiving to Cyber Monday.

The latest holiday numbers come as retailers brace for a tougher year and weigh if consumers are running out of gas. As inflation remains high, Americans are running up credit card balances and socking away less money in savings accounts. Sales of some big-ticket items, such as jewelry and consumer electronics, have declined. And retailers have dangled discounts and cut merchandise orders while trying to sell through excess inventory and prepare for a potential recession.

In a separate report, which includes in-store spending, holiday sales rose 7.6% in stores and online from Nov. 1 to Dec. 24, according to data from Mastercard SpendingPulse. The figure includes all forms of payment and restaurant spending. It is not adjusted for inflation, which rose 7.1% year over year in November.

This story is developing. Please check back for updates.

VIDEO4:1504:15
Pivotal January for retailers looking to rebound from awful year

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Vikings’ Harrison Phillips buys food for Damar Hamlin’s family, those taking care of him

Latest & Breaking News on Fox News 

The medical emergency Buffalo Bills safety Damar Hamlin has led to many acts of kindness around the sports world – from donations pouring into the player’s charity to others taking care of first responders.

Minnesota Vikings defensive lineman Harrison Phillips was with the Bills in 2021 and was teammates with Hamlin during his rookie season. On Tuesday, as Hamlin’s family and others waited for any update on his condition, Phillips bought dinner for his family, the Bills’ training staff and the doctors and nurses who are at the University of Cincinnati Medical Center’s ICU doing anything they can to help Hamlin.

Phillips told reporters he was at a Minnesota Timberwolves game with teammate Sheldon Day and their partners when he heard Hamlin suffered cardiac arrest and collapsed to the ground at Paycor Stadium.

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“We left the game early, and I was just refreshing Twitter every second, reading every tweet out there, just waiting to hear what’s going on and what could happen. I sent out a bunch of text messages to almost all my [former] teammates,” Phillips said, via the team’s website.

“For all the teammates that were rallied around them there, it was a very hard scene to see. You can try to picture it as best you can, but it was a very hard scene. So I’ve obviously been praying. I got on my knees, praying and trying to figure out, ‘What can you do?’ There’s nothing really to do than try to reach out to everyone you can and make sure that they know that they’re loved and bring as much support as you can.”

Phillips said he eventually was able to connect with someone at the hospital and was able to get some kind of food purchased for everyone involved.

NFL LEGEND ERIC DICKERSON ON WHEN HE KNEW HAMLIN INJURY WAS BAD, HOPES LEAGUE GIVES HIM PROPER HEALTHCARE

“I found a sandwich shop and ordered food — chips, drinks and sandwiches, everything I could find, salads, whatever — for all the doctors, nurses on the ICU ER floor, the members of Damar’s family that were there, the training staff of the Bills. They were able to deliver that for dinner last night. I have a buffet of Chipotle stuff [Wednesday night] coming for dinner for all of the doctors and nurses – I think there’s 50 or so. I just wanted to try to do something,” he added.

“My foundation, Harrison’s Playmakers, the children that I work with have bigger hearts than any of us. They wanted to find ways to help out, too. I donated to [Hamlin’s] fund, but some parents and some kids were asking me, ‘What else can we do as Playmakers?’ So I opened a little branch of my foundation that they can support … to do an event in Damar’s honor that will hopefully be a celebration of his life and his recovery in the months to come. But they were just asking for an outlet of what else they could do, so I wanted to provide one for them.”

Donations to Hamlin’s Chasing M’s Foundation has topped $7 million since the incident.

The Bills provided an update on Hamlin earlier Wednesday.

“Damar remains in the ICU in critical condition with signs of improvement noted yesterday and overnight,” the team said

“He is expected to remain under intensive care as his health care team continues to monitor and treat him.”

 

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