
C&S, SoftBank near deal to buy stores from Kroger, Albertsons - source
(Reuters) -C&S Wholesale Grocers, with the backing of SoftBank Group, is nearing a deal to acquire stores that Kroger and
2023-09-06 09:42

Biden says debt deal 'very close' even as two sides far apart on work requirements
Work requirements for federal food aid recipients have emerged as a final sticking point in negotiations over the looming debt crisis, even as President Joe Biden said Friday that a deal is “very close.” Biden’s optimism came as the deadline for a potentially catastrophic default was pushed back to June 5 and seemed likely to drag negotiations between the White House and Republicans over raising the debt ceiling into another frustrating week. Both sides have suggested one of the main holdups is a GOP effort to boost work requirements for recipients of food stamps and other federal aid programs, a longtime Republican goal Democrats have strenuously opposed. Even as they came closer to a framework on spending, each side seemed dug in on the work requirements. White House spokesman Andrew Bates called the GOP proposals “cruel and senseless” and said Biden and Democrats would stand against them. Louisiana Rep. Garret Graves, one of House Speaker Kevin McCarthy’s negotiators, was blunt when asked if Republicans might relent on the issue: "Hell no, not a chance,” he said. The later “ X-date,” laid out in a letter from Treasury Secretary Janet Yellen, set the risk of a devastating default four days beyond an earlier estimate. Still, Americans and the world uneasily watched the negotiating brinkmanship that could throw the U.S. economy into chaos and sap world confidence in the nation’s leadership. Yet Biden was upbeat as he left for the Memorial Day weekend at Camp David, declaring, “It’s very close, and I’m optimistic.” With Republicans at the Capitol talking with Biden’s team at the White House, the president said: “There’s a negotiation going on. I’m hopeful we’ll know by tonight whether we’re going to be able to have a deal.” But a deal had not come together when McCarthy left the Capitol Friday evening. In a blunt warning, Yellen said failure to act by the new date would “cause severe hardship to American families, harm our global leadership position and raise questions about our ability to defend our national security interests.” Anxious retirees and others were already making contingency plans for missed checks, with the next Social Security payments due next week. Biden and Republican McCarthy have seemed to be narrowing on a two-year budget-slashing deal that would also extend the debt limit into 2025 past the next presidential election. But talks over the proposed work requirements for recipients of Medicaid, food stamps and other aid programs seemed at a standstill Friday afternoon. Biden has said the Medicaid work requirements would be a nonstarter. But he initially seemed open to possible changes on food stamps, now known as the Supplemental Nutrition Assistance Program, or SNAP. The Republican proposal would save $11 billion over 10 years by raising the maximum age for existing standards that require able-bodied adults who do not live with dependents to work or attend training programs. While current law applies those standards to recipients under the age of 50, the House bill would raise the age to include adults 55 and under. The GOP proposal would also decrease the number of exemptions that states can grant to some recipients subject to those requirements. Biden's position on the SNAP work requirements appeared to have hardened by Friday, when spokesman Bates said House Republicans are threatening to trigger an unprecedented recession “unless they can take food out of the mouths of hungry Americans.” Any deal would need to be a political compromise, with support from both Democrats and Republicans to pass the divided Congress. Failure to lift the borrowing limit, now $31 trillion, to pay the nation’s incurred bills, would send shockwaves through the U.S. and global economy. But many of the hard-right Trump-aligned Republicans in Congress have long been skeptical of Treasury’s projections, and they are pressing McCarthy to hold out. As talks pushed into another late night, one of the negotiators, Rep. Patrick McHenry, R-N.C., called Biden’s comments “a hopeful sign.” But he also cautioned that there’s still “sticky points” impeding a final agreement. While the contours of the deal have been taking shape to cut spending for 2024 and impose a 1% cap on spending growth for 2025, the two sides remain stuck on various provisions. House Republicans had pushed the issue to the brink, displaying risky political bravado in leaving town for the Memorial Day holiday. Lawmakers are tentatively not expected back at work until Tuesday, but now their return is uncertain. Weeks of negotiations between Republicans and the White House have failed to produce a deal — in part because the Biden administration resisted negotiating with McCarthy over the debt limit, arguing that the country’s full faith and credit should not be used as leverage to extract other partisan priorities. “We have to spend less than we spent last year. That is the starting point,” said McCarthy. One idea is to set the topline budget numbers but then add a “snap-back” provision to enforce cuts if Congress is unable during its annual appropriations process to meet the new goals. Lawmakers are all but certain to claw back some $30 billion in unspent COVID-19 funds now that the pandemic emergency has officially been lifted. McCarthy has promised lawmakers he will abide by the rule to post any bill for 72 hours before voting. The Democratic-held Senate has vowed to move quickly to send the package to Biden’s desk. ___ Associated Press writers Mary Clare Jalonick, Stephen Groves, Farnoush Amiri, Seung Min Kim and Kevin Freking and videojournalist Rick Gentilo contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Lauren Boebert claims Biden plan to combat antisemitism will target ‘conservatives’ Defense secretary tells Navy graduates they are ready to serve Doctor's supporters, hospital at odds with Indiana penalty for talking about 10-year-old's abortion
2023-05-27 12:03

Who is Emma Brown? Pics show Texas girl, 12, who shot herself after shooting dad posing with guns before tragedy
According to authorities, Emma Brown planned to kill her family and pets before fleeing with her pal but her motives have not been revealed
2023-06-25 20:11

Why is Angus Cloud being compared to Mac Miller? Fans spot startling similarities in lives of late rapper and 'Euphoria' star after his death
Fans spot startling similarities between Angus Cloud and the late rapper Mac Miller, as both die at the young age of 25 and 26 respectively
2023-08-01 13:37

Teofimo Lopez seeks title in another division, faces 140-pound champ Josh Taylor
There was no denying Teofimo Lopez’s talent as he rose to the top of the lightweight division
2023-06-09 23:09

Piastri takes sprint pole with Verstappen third on grid
Oscar Piastri claimed his maiden pole position ahead of team-mate Lando Norris as McLaren locked out the front row of the grid in qualifying for the Qatar Grand...
2023-10-07 22:58

How to do the Remini AI headshots on TikTok
Another day, another TikTok trend – and this time, the platform is obsessing over a new AI app that creates LinkedIn headshots. The struggle of finding an appropriate corporate photo is real, but now there's a new app called Remini that is seemingly helping thousands of TikTokers solve that problem. One viral clip, which racked up almost 40 million views, brought attention to the app by sharing her 'before' and 'after' images. "Using this trend to get a new LinkedIn headshot," Grace wrote as the on-screen text, before showcasing a string of professional-looking images Remini had created. "Wait that’s such a good idea and you look AMAZING," one person commented, while another added: "The way my jaw dropped." Hundreds more TikTokers were desperate to find out more, which prompted Grace to upload a tutorial to her page. Sign up for our free Indy100 weekly newsletter @gracesplace #CapCut #ai #remini #fypシ All you need to do is: Download the Remini app, and read all of the terms and conditions before using Once downloaded, the AI app will ask you to pay for subscription – but Grace highlighted there's a three day trial to take advantage of Go to the AI image tab, where it will ask you to upload around 10 selfies Select a 'model image' to set the scene. To achieve a corporate look, click 'curriculum' The photos will be ready after a few minutes @gracesplace Replying to @Aidan #remini #fypシ #ai "I love this," one person quipped. "But definitely crying in photographer." Many more struggled to find the 'free trial' option. However, another TikToker chimed in: "$10 a week, but if you think about it… a headshot like this would cost you time and at least $100 for the photographer." Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-19 16:24

Jesuit School of Theology Dean A.E. Orobator, S.J., Attending Synod on Synodality in Rome Oct. 4-29
SANTA CLARA, Calif.--(BUSINESS WIRE)--Oct 3, 2023--
2023-10-04 06:13

‘Tiger King’ animal trainer 'Doc' Antle gets suspended sentence for wildlife trafficking in Virginia
Virginia's attorney general says an animal trainer featured in the popular Netflix series “Tiger King” has received a suspended two-year sentence after being convicted of wildlife trafficking
2023-10-04 23:15

'Star Wars Jedi': May 9 Survivor update for PC, PlayStation and Xbox
A brand-new patch for 'Star Wars Jedi: Survivor' will be released on all platforms on May 9
1970-01-01 08:00

NZ captain Kane Williamson fractures thumb but will stay at Cricket World Cup
New Zealand captain Kane Williamson has a fractured thumb but will remain at the Cricket World Cup in hopes of playing next month
2023-10-14 17:58

Alibaba to Build ChatGPT-Like AI Into Meeting, Messaging Apps
Alibaba Group Holding Ltd. is integrating its most advanced artificial intelligence system into its Slack-like DingTalk messaging app
2023-06-01 10:15
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