The following is a rundown of the day’s news drawn from other media sources with topics curated just for Weiss Research readers: Obamacare, the elections, personal freedom, politics and more.
Personal safety and freedom
Crowd Dances, Cheers as Man Burns to Death During Halloween Carnival
“People were chanting, clapping, filming and taking pictures like it was some kind of cool, funny thing.”
Apple: U.S. Asked for Data on 2,000-Plus Users in 2013
“In very rare cases, we are asked to provide stored photos or email,” Apple said in the report.
How Malls Plan to Keep Shoppers Safe This Holiday
Major centers practice evacuation and training drills throughout the year, and perform shooter training drills with police officers.
Does Scorpion Venom Kill Cancer?
Despite claims and patient testimonials calling the drug a “miracle,” doctors with the American Cancer Society say there’s no proof that it works and are concerned about patients who might be getting their hopes up.
Exclusive: The CIA, not the Pentagon, Will Keep Running Obama’s Drone War
“That was the president’s aspirational goal, but no one ever believed the Pakistanis were going to let us do that,” said the former official, who was involved in discussions over transferring the drone program to the military.
Business and technology
Twitter IPO More Expensive Than Facebook Without Profits
Twitter boosted its IPO price to $23 to $25 a share, which would give the microblogging service a market value of $13.6 billion at the top end of the range.
Rich Families Are Hoarding Cash
A new survey of family offices by Citi finds that wealthy families have about 39 percent of their assets in cash, meaning they may fall short of the investment returns they’re expecting.
‘Damage Already Done’ as Main Street Picks Up Shutdown Pieces
A reopened government doesn’t mean business owners will pocket refunds for lost revenue, or other costs incurred during the stalemate.
Twitter Just One Symptom of IPO Fever’s Return
A more active IPO market signals investor confidence in the economy. And the cash that companies raise in an IPO can help them invest and hire more, potentially supporting economic growth.
Tesla’s Quarterly Numbers Turn Off Investors
Tesla’s stock has been sliding in recent weeks, following two vehicle fires that received widespread attention on the Internet, even though neither appeared to have been caused by a flaw in the Model S design.
Politics
De Blasio Wins Mayor’s Race in New York, Ushering in Era of Liberal Governance
The moneyed Manhattan elite have had their mayor, he argued, and now the 46 percent of New Yorkers living at or near the poverty level need one of their own.
After Plagiarism Charges, Rand Paul Announces Office Restructuring
While maintaining the defiance he has shown since the claims of plagiarism were first made last week, Paul hurriedly took steps to contain the biggest crisis of his young political career, one that threatens his ambitions to run for president in 2016.
Gallup Daily: Obama Job Approval
Obama’s job-approval rating continues to decline, with only 39 percent of Americans approving of the job he is doing as president.
Chris Christie Aims to Make History in New Jersey
“My goal always in this race has been to at least get to 50 percent plus one, because that’s a historical achievement — in 25 years no one has done that in New Jersey so I’ll be happy with that,” added Christie.
Latino Voters Turn Out for McAuliffe
Latinos who turned out to vote in the Northern Virginia suburbs on Tuesday said they were supporting Democrat Terry McAuliffe for governor because they believed his opponent is anti-immigrant.
Best wishes,
The Money and Markets Team
