Connect with us

Published

on

Rep. Katie Porter (D-Calif.) announced on Tuesday that she will run for Sen. Dianne Feinstein’s (D-Calif.) Senate seat in 2024. 

Porter has previously acknowledged that she was considering a bid for what is expected to be an open Senate seat in deep-blue California. While Feinstein hasn’t yet announced her retirement, she is widely expected to do so in the coming months.

On Tuesday, however, Porter made clear that she’s not willing to wait for the 89-year-old Feinstein to make a formal decision. In a video announcing her campaign, Porter said that “it’s time for new leadership in the U.S. Senate.”

“California needs a warrior in Washington,” Porter said. “That’s exactly why I’m announcing my candidacy for the United States Senate in 2024.”

Porter is fresh off a tough reelection campaign that saw her defeat Republican Scott Baugh by little more than 3 percentage points. She also has a reputation as a prolific fundraiser. As of late November, her campaign had $7.7 million in the bank after raising more than $25 million throughout her 2022 reelection bid.

Of course, she’s not the only prominent California Democrat interested in Feinstein’s Senate seat. Rep. Adam Schiff has also said that he’s weighing a 2024 Senate bid. Two other members of California’s House delegation, Reps. Barbara Lee (D-Calif.) and Ro Khanna (D-Calif.), are also seen as prospective contenders.

In a statement, Khanna said that he would make a decision about a Senate campaign “in the next few months.”

The Senate primary could grow particularly contentious; no Democrat is seen as the clear favorite to succeed Feinstein, who has served in the Senate for more than three decades. 

Still, Porter is likely to be among the best positioned. Within minutes of announcing her campaign, she scored an endorsement from Progressive Change Campaign Committee (PCCC), an influential liberal group.

“On a gut level, Katie knows how to challenge power on behalf of families,” Adam Green, the co-founder of the PCCC, said in a statement. “We’ve been fighting alongside Katie from the very beginning as she’s taken on predatory banks, corporate executives, and big-money special interests. Now voters are ready to send her – and her whiteboard – to the U.S. Senate.”  House Democrats file, hand-deliver ethics complaint to George Santos The Hill’s 12:30 Report — Biden’s recovered classified docs embolden GOP

Whoever emerges from the Democratic primary will head into the general as the heavy favorite for the seat. The last Republican to hold one of the state’s two Senate seats was former Sen. John Seymour (R-Calif.), whom Feinstein defeated in 1992.

In a statement, Feinstein said that she would “make an announcement concerning my plans for 2024 at the appropriate time,” adding that her top priority for the time being is handling the deadly storms slamming her home state.

“Right now, I’m focused on ensuring California has all the resources it needs to cope with the devastating storms slamming the state and leaving more than a dozen dead,” she said.

Continue Reading

UK

‘I have nightmares of dead bodies’: Patients dying and undiscovered for hours in hospital corridors

Published

on

By

'I have nightmares of dead bodies': Patients dying and undiscovered for hours in hospital corridors

Patients are dying in corridors and going undiscovered for hours while the sick are left to soil themselves, nurses have said, revealing the scale of the corridor crisis inside the UK’s hospitals.

In a “harrowing” report built from the experiences of more than 5,000 NHS nursing staff, the Royal College of Nursing (RCN) found almost seven in 10 (66.81%) say they are delivering care in overcrowded or unsuitable places, including converted cupboards, corridors and even car parks, on a daily basis.

Demoralised staff are looking after as many as 40 patients in a single corridor, unable to access oxygen, cardiac monitors, suction and other lifesaving equipment.

Women are miscarrying in corridors, while some nurses report being unable to carry out adequate CPR on patients having heart attacks.

Sara (not her real name) said she was on shift when a doctor told her there was a dying patient who had been waiting in the hospital’s corridor for six hours.

“It took a further two hours to get her into an adequate care space to make her clean and comfortable,” she told Sky News.

“That’s a human being, someone in the last hours of their life in the middle of a corridor with a detoxing patient vomiting and being abusive behind them and a very poorly patient in front of them, who was confused, screaming in pain. It was awful on the family, and it was awful on the patient.”

More on Nhs

Dead patients ‘not found for hours’

A nurse working in the southeast of England quit her job after witnessing an elderly lady in “animal-like conditions”.

She told the RCN: “A 90-year-old lady with dementia was scared, crying and urinating in the bed after asking several times for help to the toilet. Seeing that lady, frightened and subjected to animal-like conditions is what broke me.

“At the end of that shift, I handed in my notice with no job to go to. I will not work where this is a normal day-to-day occurrence.”

Another nurse in the South East said a patient died in a corridor and “wasn’t discovered for hours”.

Sara told Sky another woman needed resuscitating after the oxygen underneath her trolley ran out. Sara was one of just two nurses caring for more than 30 patients on that corridor.

“I have had nightmares – I have a nightmare that I walk out in the corridor and there are dead bodies in body bags on the trolleys,” she said, growing visibly emotional.

👉 Listen to Sky News Daily on your podcast app 👈

No electricity to plug in computers

One nurse, who spoke to Sky News, said the conditions were “undignified” and “inhumane”.

“It’s not just corridors – we utilise chairs, cupboards, whatever space is available in the hospital to be repurposed into a care space, in the loosest sense of that term. These spaces are unsafe.”

Some spaces, she said, don’t even have basic electricity for nurses to plug in their computers.

The nurse, who spoke to Sky on the condition of anonymity, said she has experienced burnout multiple times over the state of her workplace.

“I have come to the conclusion this week I don’t think I can continue working in the NHS or as a nurse,” she said.

“It breaks my soul; I love what I do when I am able to do it in the right way. I like caring for people, I like making people better, I also like providing a dignified death.”

She added: “I want to look after the institution I was born into, but for the sake of my family and my mental health, I don’t know how much more I can give.”

With 32,000 nursing vacancies in England alone, data also shows around one in eight nurses leave the profession within five years of qualifying.

Nurses are being forced to provide care in hospital corridors and car parks. Pic: PA
Image:
Nurses are being forced to provide care in hospital corridors and car parks. Pic: PA

Staff ‘not proud of the care they are giving’

The Royal College of Nursing (RCN) says the testimony, which runs to over 400 pages, must mark a “moment in time”. In May 2024, the RCN declared a “national emergency” over corridor care in NHS services.

Professor Nicola Ranger, RCN general secretary and chief executive, said: “At the moment, [nursing staff] are not proud of the care they are giving.”

“We hear stories of escalation areas and temporary beds that have been open for two years,” she added. “That is no longer escalation, it’s understaffed and underfunded capacity that is pretty shocking care for patients. We have to get a grip on that.”

Read more: Hospital advertises for corridor nurse amid NHS winter crisis

She called the situation “a disgrace”, citing abuse of staff as another reason for people leaving the profession in droves.

Last week, a nurse was left with “life-changing injuries” after being stabbed by a man while at work.

“The NHS used to be the envy of the world and we need to take a long hard look at ourselves and say ‘what needs to change?’

“The biggest concern for us is that the public Is starting to lose a little faith in their care, and that has to stop. We absolutely have to sort this out.”

Commenting on the RCN’s report, Duncan Burton, chief nursing officer for England, said the NHS had experienced one of the “toughest winters” in recent months, and the report “should never be considered the standard to which the NHS aspires”.

“Despite the challenges the NHS faces, we are seeing extraordinary efforts from staff who are doing everything they can to provide safe, compassionate care every day,” he added. “As a nurse, I know how distressing it can be when you are unable to provide the very best standards of care for patients.”

Have you experienced corridor care in an NHS hospital? Get in touch on NHSstories@sky.uk

Continue Reading

Technology

Tesla is offering Cybertruck discounts as EV market gets crowded

Published

on

By

Tesla is offering Cybertruck discounts as EV market gets crowded

A soldier walks next to a Tesla Cybertruck, which was donated to the National Guard, after powerful winds fueling devastating wildfires in the Los Angeles area forced people to evacuate, in the Pacific Palisades neighborhood on the west side of Los Angeles, California, U.S. Jan. 13, 2025. 

Daniel Cole | Reuters

Tesla started offering discounts on new Cybertruck vehicles in its inventory this week, according to listings on the company’s website.

Discounts are as high as $1,600 off new Cybertrucks, with the reduced price depending on configuration, and up to around $2,600 for demo versions of the trucks in inventory, the listings show. Production of the angular, unpainted steel pickups has reportedly slowed in recent weeks at Tesla’s factory in Austin, Texas.

Deliveries of the unconventional pickup began reaching customers in 2023. CEO Elon Musk originally unveiled the Cybertruck in 2019 and said it would cost around $40,000, but its base price in the U.S. was closer to $80,000 over the course of 2024.

Wall Street previously viewed the Cybertruck as an important driver of growth for Tesla’s core automotive sales.

While the Cybertruck outsold the Ford Lightning F-150 last year in the U.S. and became the fifth best-selling EV domestically, according to data tracked by Cox Automotive, its high price, repeat recalls and production issues in Austin hampered growth. In November, Tesla initiated its sixth recall in a year  to replace defective drive inverters.

As CNBC previously reported, Tesla’s deliveries declined slightly year-over-year in 2024, even as EV demand worldwide reached a record. A slew of new competitive models from a wide range of automakers eroded Tesla’s market share.

According to Cox data, full-year EV sales reached an estimated 1.3 million in 2024 in the U.S., an increase of 7.3% from the prior year. But Tesla’s sales for the year declined by about 37,000 vehicles.

The Tesla Model Y SUV and Model 3 sedan ranked as the top two best-selling EVs by a wide margin. But both older, more affordable Tesla models saw sales drop from the previous year. Cox estimated Tesla sold around 38,965 Cybertrucks in the U.S. last year.

In recent days, Musk apologized to customers in California for delays in delivering their Cybertrucks. He said the trucks are now being used to bring supplies and wireless internet service to people in Los Angeles impacted by devastating wildfires.

“Apologies to those expecting Cybertruck deliveries in California over the next few days,” Musk wrote on X. “We need to use those trucks as mobile base stations to provide power to Starlink Internet terminals in areas of LA without connectivity. A new truck will be delivered end of week.”

WATCH: Here’s why Bank of America downgraded Tesla

Tesla: Here's why Bank of America downgraded the stock to neutral

Continue Reading

Technology

Goldman Sachs CEO Solomon says IPO market is ‘going to pick up’ along with dealmaking

Published

on

By

Goldman Sachs CEO Solomon says IPO market is 'going to pick up' along with dealmaking

David Solomon, CEO of Goldman Sachs, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. 

Mike Segar | Reuters

Goldman Sachs CEO David Solomon says there’s an end in sight to the multi-year IPO drought.

“It’s going to pick up,” Solomon said on Wednesday, in an on-stage interview with Cisco CEO Chuck Robbins at a summit hosted by the computer networking company in Silicon Valley. “It’s been slow, it’s been turned off.”

Solomon, who flew to California for the event just after his Wall Street bank reported fourth-quarter results that blew past analysts’ estimates, said the capital markets broadly are showing signs of life ahead of President-elect Donald Trump’s inauguration next week.

The tech IPO market has largely been dormant since the end of 2021, when tech stocks started falling out of favor due to soaring inflation and rising interest rates. Mergers and acquisitions have been difficult in technology because of hefty regulation that’s restricted the ability for the biggest companies to grow through dealmaking.

Solomon said the mood is changing, and he expects momentum M&A as well as in IPOs.

“We have a more constructive kind of optimism, which always helps,” Solomon said. He later added that, “broadly speaking, I think it’s an improved business environment.”

Earlier in the day, Solomon said on his company’s earnings call that Trump’s election and a swing back to Republican power in Washington is already starting to make an impact in the business world. He noted on the call that “there is a significant backlog from sponsors and an overall increased appetite for dealmaking supported by an improved regulatory backdrop.”

Solomon’s comments on the call and at the Cisco event came on a day when the S&P 500 posted his biggest gain since November, helped by a tame inflation report and Goldman’s results. Goldman’s stock popped 6% on Wednesday.

While the stock market has had a strong two-year run and the S&P 500 and Nasdaq hit fresh records last month, IPOs have yet to see a resurgence. Cloud software vendor ServiceTitan debuted on the Nasdaq in December, marking the first significant venture-backed IPO in the U.S. since Rubrik in April.

“The values came down after 2021, people are growing back into those values,” Solomon said at the Cisco summit.

Some companies have said they’re ready. Chipmaker Cerebras filed to go public in September, but the process was slowed down due to a review by the Treasury Department’s Committee on Foreign Investment in the U.S., or CFIUS. In November, online lender Klarna said it had confidentially filed IPO paperwork with the SEC.

Though he’s bullish about what’s coming, Solomon said that there are structural reasons not to go public. He said 25 years ago there were roughly 13,000 public companies in the U.S., and today that number has come down to 3,800. There are higher standards around disclosure for being public, and there’s now tons of private capital available “at scale.”

“It’s not fun being a public company,” Solomon acknowledged. “Who would want to be a public company?”

WATCH: Goldman Sachs tops estimates

Goldman Sachs tops estimates on strong trading results

Continue Reading

Trending