Wednesday, November 27th, 2024 - Israel-Hezbollah ceasefire; Trump tariffs; Biden’s new GLP-1 rule; Macy’s $154M

Morning Announcements

Today’s Headlines: Israel and Hezbollah have agreed to a ceasefire after 14 months of conflict, brokered by the U.S. and France. The deal halts fighting for two months, requiring Hezbollah to withdraw from southern Lebanon and Israeli troops to leave the area, with Lebanese forces and UN peacekeepers ensuring compliance. Meanwhile, Donald Trump plans to impose tariffs on goods from Mexico, Canada, and China after his inauguration, sparking threats of retaliation from Mexico’s President Claudia Sheinbaum. The Biden administration proposed a new rule requiring Medicare and Medicaid to cover GLP-1 drugs like Ozempic. Lastly, Macy’s revealed that one employee hid $154 million in delivery costs over three years, delaying its earnings report.

Resources/Articles mentioned in this episode:

• AP News: Israel and Lebanon's Hezbollah agree to a ceasefire after nearly 14 months of fighting
• Axios: Trump to impose new tariffs on China, Canada, Mexico
• AP News: Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs
• Axios: Medicare and Medicaid would cover Ozempic, Wegovy under new Biden rule
• CNN: Macy’s found a single employee hid up to $154 million worth of expenses

Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson

Learn more about your ad choices. Visit megaphone.fm/adchoices