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Columbia protest camp’s final moments By Reuters

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By Jonathan Allen

NEW YORK (Reuters) – The occupation of a building at Columbia University by pro-Palestinian student protesters was in its 18th hour when photos and videos dinged across students’ phones: police had parked at least seven jail buses south of the campus.

The backs of New York police officers standing guard outside the gates of the Manhattan campus could be seen through the railings. Police surveillance drones appeared in the dusk sky.

Even as one drone hovered over a two-week-old tent encampment set up on a lawn by students protesting Columbia’s financial ties to Israel’s war in Gaza, Columbia administrators summoned student leaders to a Zoom (NASDAQ:) meeting on Tuesday. That last discussion was unsuccessful.

Within hours, police had arrested dozens of people on burglary and trespassing charges, including at least 30 students, six alumni and two Columbia employees, and cleared out protest encampments that had spawned dozens of similar demonstrations at colleges around the world.

This account of the night police swarmed the Ivy League university campus is based on interviews with student protesters, professors, bystanders and the eyewitness accounts of Reuters journalists.

Hours before police moved in, protesters occupying Hamilton Hall appeared on its second-floor balcony above the barricaded front doors. Most wore Columbia-logo sweatshirts and black balaclavas. One reclined on the balcony’s outer wall, dangling a leg over, offering peace signs to a crowd of supporters below and a middle finger to student journalists raising a microphone as high as they could for comment.

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Students used a pulley to raise pizza, water, first-aid supplies and a large plank of wood up to the balcony. Each successful ascension drew cheers. Shouts of “We love you!” were swapped between the balcony and the plaza below.

TEN MINUTES TO DECIDE

Since the morning, Columbia had locked down the main campus, restricting it to undergraduates living on campus, security and dining-hall staff and other essential workers.

Sueda Polat, a graduate student getting a degree in human rights and one of the lead negotiators with school administration on behalf of the protesters, got onto campus by sneaking through a basement and pleading with a security guard. She sang along with a choir of protesters assembled before the barricades, a soft unison of mostly female voices: “We shall not be moved.”

Robbie Fox, a fourth-year undergraduate biology major leaning against a nearby pillar, was unmoved. He disagreed with the protesters’ demands and had lost patience with their escalating tactics.

“When you refuse to compromise, you can’t control what happens after that,” he said.

Around 7 p.m. Polat and her co-negotiator, Palestinian graduate student Mahmoud Khalil, sat at a laptop on the ground outside the lawn encampment to speak with Columbia administrators, who the day before had declared an impasse and suspensions for protesting students.

The students’ primary demand was that Columbia divest from companies that support Israel’s government and military. Columbia’s president said the university would not “divest from Israel” but would ensure their proposals received expedited review by the school’s divestment advisory committee.

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The counteroffer was still on the table, the administrators told the pair, if the remaining students in the lawn encampment agreed to leave immediately. Columbia administration, which declined interview requests, refused to discuss the fate of the students occupying Hamilton, Polat and Khalil said.

They had 10 minutes to decide. They again refused the deal.

“It was a non-starter,” Polat said. She and Khalil believed Columbia would let in the police however they responded.

‘INVADING ARMY’

At 8:18 p.m. crowds of students drifting about the campus were galvanized by their phones: “Shelter in place for your safety,” said an email from Columbia Emergency Management. “Non-compliance may result in disciplinary action.”

At 9:07 p.m. Columbia’s southern gates opened and scores of police with helmets and armor marched in. Sheila Coronel, a professor at Columbia’s journalism school who had covered protests in her native Philippines, said it resembled an “invading army.” Coronel was there to oversee and feed the dozens of student journalists trying to cover the extraordinary scene.

“Shame on you!” chanted students, a mix of protesters and undergraduate bystanders, yelling anti-police insults as they scattered. Advancing officers, wielding batons, shouted at everyone to move back from the Hamilton doors.

With police circling, Polat told a few journalists that in five years Columbia would say it was proud of the protesters. Then she disappeared in the commotion.

Within minutes, police had cleared everyone from outside Hamilton, ordering most students into a dormitory before barring the doors with batons through the handles. Security staff said anyone who did not live in the dorm must stay in the lobby. Dozens did. Some continued yelling at police, others were in tears. Students across campus were threatened with arrest if they sought to step outside.

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A few remaining journalists, student and otherwise, were ordered out of a southern gate.

Police threw the upturned furniture blocking the Hamilton entrance down the steps and severed the bike chains locking the doors. Through the trees, students at upper-floor windows could see and hear flash-bangs going off inside Hamilton. One officer inside, trying to aim a flashlight on his gun, accidentally fired a bullet, hitting a wall, police said.

Some politicians had demanded that Columbia have police quash anti-Israel protests for the safety of Jewish students like Jacob Gold, an undergraduate who for hours watched the events through a sixth-floor dormitory window.

He was not part of the protests, though he had been curious about the encampment, walking by it frequently, and had friends inside. He said Tuesday night was the first time he had felt in danger, “and it was because of the police.”

Deputy Police Commissioner Tarik Sheppard stood among the tents to film for a short video police would release the next day: “This is not a tent city, this is New York City,” he said into the camera. “And if you’re thinking about doing something like this, take a look around, see how fast we clear it out.”

Not far from the encampment, a silent Polat hid from police behind a gate column with a friend for over an hour. She recorded video of dozens of handcuffed protesters from Hamilton, including friends, being marched past her by police onto the jail vans. To her, they appeared “still unbeaten, still joyous, still disciplined, still principled.”

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Who is Paula Vennells? Ex-Post Office boss in Horizon IT inquiry

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The ordained priest who led the Post Office from 2012 to 2019 faces three days of questioning at the Horizon Inquiry.



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Deutsche Bank lifts S&P 500 target on strong earnings By Investing.com

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Deutsche Bank strategists increased their year-end target for the to 5,500, up from the previous 5,100.

The revision is based on a strong earnings cycle and the anticipation that market confidence will grow by the end of the year, which should positively influence US stocks.

“We see the earnings cycle having plenty of legs,” strategists said in note to clients on Friday.

“While all the growth may not materialize this year, we see market confidence in a continued recovery rising by year end, supporting equity multiples.”

However, the strategists also cautioned about potential market volatility due to geopolitical risks. Moreover, they warned that a hung election poses a “real risk” for markets.

The brokerage firm noted that although all growth may not materialize this year, the market’s confidence in a continued recovery is expected to rise by year-end. This sentiment is projected to support equity multiples.

Alongside the revised index target, Deutsche Bank has also raised its base case for S&P 500 earnings to $258 per share from the previous estimate of $250. This adjustment indicates a year-over-year growth of 13%.

If the macroeconomic growth continues to exceed trends as it has for the past seven quarters, the strategists suggest earnings could reach as high as $271 per share, which is at the upper end of their original forecast range of $250 to $271.

 





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Mercedes-Benz workers in Alabama vote against union

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United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023.

Andi Rice | Bloomberg | Getty Images

Mercedes-Benz workers in Alabama have voted against union representation by the United Auto Workers, the National Labor Relations Board said Friday.

The results are a blow to the UAW’s organizing efforts a month after the Detroit union won an organizing drive of roughly 4,330 Volkswagen plant workers in Tennessee. Voting started Monday and ended Friday.

Union organizing failed with 56% of the vote, or 2,642 workers, casting ballots against the UAW, according to the NLRB, which oversaw the election. More than 90% of the 5,075 eligible Mercedes-Benz workers voted in the election, according to the results.

The NLRB said 51 ballots were challenged and not counted, but they aren’t determinative to the outcome of the election. There were five void ballots. 

The union and company have five business days to file objections to the election, including any alleged interference, according to the NLRB. If no objections are filed, the election result will be certified, and the union will have to wait one year to file for a union election for a similar bargaining unit.

Mercedes-Benz in a statement said company officials “look forward to continuing to work directly with our Team Members to ensure [Mercedes-Benz US International] is not only their employer of choice, but a place they would recommend to friends and family.”

United Auto Workers President Shawn Fain (right) and UAW Secretary-Treasurer Margaret Mock (left) lead a march outside Stellantis’ Ram 1500 plant in Sterling Heights, Michigan after the union called a strike at the plant on Oct. 23, 2023.

Michael Wayland / CNBC

The loss is expected to hurt the UAW in an unprecedented organizing drive launched late last year of 13 non-union automakers in the U.S. after securing record contracts with Detroit automakers Ford Motor, General Motors and Stellantis. Those agreements included significant wage increase, reinstatement of cost-of-living adjustments and other benefits.

UAW President Shawn Fain said while the Mercedes-Benz vote was obviously not the result the union wanted, it was a valiant effort, adding the vote “isn’t a failure” but a “bump in the road.”

“While this loss stings, I’ll tell you this, we’re going to keep our heads up, keep our heads up high. These workers have nothing to do but be proud in the effort they put forth and what they’ve done,” he said Friday during a media conference. “We fought the good fight and we’re going to continue on, continue forward. Ultimately, these workers here are going to win.”

The Mercedes-Benz vote was expected to be more challenging for the union than the Volkswagen plant in Tennessee, where the union had already established a presence after two failed organizing drives in the past decade and where it faced less opposition from the automaker.

Stephen Silvia, author of “The UAW’s Southern Gamble: Organizing Workers at Foreign-Owned Vehicle Plants,” noted Mercedes-Benz replaced the plant’s leader weeks ahead of the election. He said companies routinely do this, promising workers changes at their facilities in an effort to stave of organizing.

“Companies do anti-union campaigns because they can be effective, and I think this one was effective,” said Silvia, a professor at American University in Washington, D.C. “A common piece of an anti-union campaign is firing the plant manager … That seems to have persuaded enough of the workers to vote against the union.”

Mercedes-Benz Alabama plant votes against unionization

Alabama Gov. Kay Ivey, who was one of six Republican governors to condemn the union’s organizing drive, hailed the outcome of the vote.

“The workers in Vance have spoken, and they have spoken clearly! Alabama is not Michigan, and we are not the Sweet Home to the UAW. We urge the UAW to respect the results of this secret ballot election,” she said.

Workers at Mercedes-Benz’s Tuscaloosa plant, located about 60 miles southwest of Birmingham, have produced more than 4 million vehicles since the plant opened in 1997, including 295,000 vehicles in 2023, according to the plant’s website.

The Alabama plant currently produces vehicles such as the gas-powered GLE and GLS Maybach SUVs as well as the all-electric EQS and EQE SUVs.

The NLRB last week said it continues to process and investigate open unfair labor practice charges filed by the UAW against automakers, including six unfair labor practice charges against Mercedes-Benz since March.

Fain said Friday the union would continue to move forward with those charges. He declined to say whether the union plans to challenge the election results, saying he’d “leave that” to the union’s legal team.

The charges allege that Mercedes-Benz has “disciplined employees for discussing unionization at work, prohibited distribution of union materials and paraphernalia, surveilled employees, discharged union supporters, forced employees to attend captive audience meetings, and made statements suggesting that union activity is futile,” the NLRB said.

The union has filed other charges against automakers Honda, Hyundai, Lucid, Rivian, Tesla and Toyota, according to the NLRB.



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