https://abc7.com/politics/newsom-proposes-measure-to-crack-down-on-gas-price-gouging/12529706/

Gov. Gavin Newsom is proposing a crackdown on price gouging by oil companies, by imposing penalties on excessive profits that would be refunded to Californians.

https://abc7.com/gunman-who-shot-lady-gagas-dog-walker-gets-21-years-in-prison/12529435/

The man who shot Lady Gaga's dog walker and stole her French bulldogs last year took a plea deal and was sentenced to 21 years in prison, officials said.

https://abc7.com/sports/nike-drops-nba-player-kyrie-irving-who-promoted-antisemitic-film/12529283/

Nike drops Brooklyn Nets guard Kyrie Irving after he promoted anti-Semitic film.

https://abc7.com/politics/vice-president-kamala-harris-to-swear-in-karen-bass-as-la-mayor/12528723/

Vice President Kamala Harris will administer the oath of office to Los Angeles Mayor-elect Karen Bass during her inauguration ceremony, the White House announced.

https://www.nbcnews.com/politics/supreme-court/justice-alito-jokes-black-santa-ashley-madison-supreme-court-arguments-rcna60168

Supreme Court Justice Alito jokes about Black Santa and Ashley Madison during Supreme Court arguments

The justices heard arguments in the case of a web designer who is seeking to avoid working on same-sex weddings because she is a conservative evangelical Christian.

https://abc7.com/travel/dhs-delays-real-id-deadline-for-flights-2-years/12528283/

Real ID Delayed Again: The program, which was to begin in May 2023, will now not go into effect until May 7, 2025.

https://www.reuters.com/technology/musks-neuralink-faces-federal-probe-employee-backlash-over-animal-tests-2022-12-05/

Elon Musk's Neuralink, a medical device company, is under federal investigation for potential animal-welfare violations amid internal staff complaints that its animal testing is being rushed, causing needless suffering and deaths, according to documents reviewed by Reuters.

https://www.nbcnews.com/tech/security/chinese-hackers-covid-fraud-millions-rcna59636

Hackers linked to Chinese government stole millions in Covid benefits

The theft of state unemployment funds is the first pandemic fraud tied to foreign, state-sponsored cybercriminals that the U.S. government has acknowledged publicly.

https://www.reuters.com/business/energy/bp-doubles-down-hydrogen-fuel-future-2022-12-05/

BP chief executive Bernard Looney is betting on hydrogen to power future low-carbon businesses as the governments of major economies stump up cash to develop the fuel to decarbonise.

https://nyti.ms/3XWiR16

Ukrainian drones attack military bases hundreds of miles inside Russia

In The UK...

https://www.bbc.com/news/business-63867226

December train strikes: Extra walkouts planned over Christmas

The union is urging its members to reject a new offer, which will be put to a ballot.

https://www.theatlantic.com/magazine/archive/2023/01/marjorie-taylor-greene-congress-georgia-election-background/672229/

Why Is Marjorie Taylor Greene Like This?

On the ground in the Georgia congresswoman's alternate universe

https://www.nbcnews.com/politics/politics-news/top-republicans-stay-silent-trumps-call-terminate-constitution-rcna60019

Top Republicans stay silent on Trump's call to terminate the Constitution

Even though GOP leaders are so far staying away, the White House has strongly rebuked Trump's comments, calling them "anathema to the soul of our nation."

The Washington Post

https://archive.ph/D6DhG

Former president Donald Trump's political action committee is paying legal bills for some key witnesses involved in the Justice Department investigation into whether Trump mishandled classified documents, obstructed the investigation or destroyed government records, according to people familiar with the matter.

The witnesses include Kash Patel, who has testified in front of the grand jury and is key to Trump's defense, along with Walt Nauta, a potentially critical prosecution witness, according to these people, who like others interviewed spoke on the condition of anonymity to discuss an ongoing criminal probe. Nauta, a Trump valet, has told FBI agents he was instructed by the former president to move boxes at Mar-a-Lago, even as government investigators were trying to recover classified documents at that private club and residence, according to people familiar with the matter.

The Washington Post

https://archive.ph/tYIvh

Air Force feared generals' foreign consulting jobs would cause scandal

The Pentagon and State Department normally rubber-stamp requests from retired U.S. military personnel to work for foreign powers or companies controlled by foreign governments, having approved more than 95 percent of applications since 2015. But when the Air Force learned about McNabb's and Fraser's business ventures in Azerbaijan, officials flagged them as a potential embarrassment and a risk to national security, the documents show.

The case triggered a prolonged internal battle between the retired generals and R. Philip Deavel, a civilian Air Force lawyer who feared that the consulting deals might trigger a scandal.

https://www.inquirer.com/news/rudy-giuliani-dc-disciplinary-board-hearing-bar-pennsylvania-election-20221205.html

Rudy Giuliani doubles down on false Pennsylvania election fraud claims

Facing possible professional sanctions, the former New York City mayor maintained he's become the victim of persecution for leading up Trump's 2020 Pennsylvania election challenge in court.

JulieAzel626: https://www.inquirer.com/news/rudy-giuliani-dc-disciplinary-board-hearing-bar-pennsylvania-election-20221205.html

Rudy Giuliani doubles down on false Pennsylvania election fraud claims

Facing possible professional sanctions, the former New York City mayor maintained he's become the victim of persecution for leading up Trump's 2020 Pennsylvania election challenge in court.

This is a hearing for his law license.

https://www.cnbc.com/2022/12/04/stock-futures-are-little-changed-as-investors-enter-a-quiet-period-ahead-of-the-feds-december-policy-meeting.html

Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the economy into a recession.

https://twitter.com/AmbJohnBolton/status/1599879103393341440

When you challenge the Constitution itself, that is un-American. If the current GOP presidential candidates don't repudiate Trump, I'm prepared to get in the race.

JulieAzel626: https://www.cnbc.com/2022/12/04/stock-futures-are-little-changed-as-investors-enter-a-quiet-period-ahead-of-the-feds-december-policy-meeting.html

Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the economy into a recession.

In other words...

Wall Street to The Fed: You really don't need to induce a recession anymore.

https://www.reuters.com/world/europe/ukraine-warns-emergency-blackouts-after-more-missile-hits-2022-12-05/

Ukraine warned of blackouts once again in several regions as it repaired damage from missile attacks it said destroyed homes and knocked out power, while Moscow accused Kyiv of attacking deep inside Russia with drones.

https://www.reuters.com/world/us/us-seeing-most-flu-hospitalizations-cases-decade-cdc-says-2022-12-05/

The U.S. is experiencing the highest levels of flu hospitalizations it has seen in a decade for this time of year.

https://www.reuters.com/world/middle-east/iranian-city-shops-shut-step-up-pressure-clerical-rulers-2022-12-05/

Iranian city shops shut after strike call, judiciary blames 'rioters'

https://www.reuters.com/legal/jury-trump-organizations-criminal-tax-fraud-trial-begin-deliberations-2022-12-05/

Jurors in the Trump Organization's tax fraud trial started deliberating on Monday, following four weeks of testimony about executive pay practices at Donald Trump's real estate company that prosecutors said amounted to a criminal scheme that went on for at least 15 years.

https://www.reuters.com/world/us/us-railroad-investor-resolutions-urge-paid-sick-leave-workers-2022-12-05/

U.S. railroad investor resolutions urge paid sick leave for workers

Investors have proposed shareholder resolutions at two U.S. railroads calling for paid sick leave for workers, an issue that nearly caused a national rail strike, and they could go to an advisory vote at shareholder meetings in the spring.

https://www.reuters.com/world/uk/uk-labours-starmer-supports-plans-spread-power-away-westminster-2022-12-04/

British opposition Labour leader Keir Starmer pledged on Monday to spread power away from the political centre of Westminster if his party wins the next election, saying he would hand local regions a greater say on transport, housing and jobs.

https://www.reuters.com/business/energy/winter-freeze-tests-french-power-grid-2022-12-05/

Temperatures hovering near zero in coming days will test the resilience of France's power network, even as President Emmanuel Macron urged the French not to panic amid warnings of possible blackouts.

https://www.reuters.com/world/europe/italy-ageing-faster-than-eu-peers-population-drops-below-59-mln-2022-12-05/

Italy's population has dropped below 59 million and the country is ageing at a much faster rate than its European Union peers, national statistical agency Istat said on Monday.

https://www.reuters.com/world/china/china-may-announce-10-new-covid-measures-wednesday-sources-2022-12-05/

China may announce 10 new COVID-19 easing measures as early as Wednesday, two sources with knowledge of the matter told Reuters, supplementing 20 unveiled in November that set off a wave of COVID easing steps nationwide.

https://www.reuters.com/legal/pfizer-biontech-countersue-moderna-over-covid-19-vaccine-patents-2022-12-05/

Pfizer, BioNTech countersue Moderna over COVID-19 vaccine patents

Pfizer Inc and its German partner, BioNTech SE , fired back at Moderna Inc on Monday in a patent lawsuit over their rival COVID-19 vaccines, seeking dismissal of the lawsuit in Boston federal court and an order that Moderna's patents are invalid and not infringed.

https://www.reuters.com/world/americas/us-extends-deportation-relief-haitians-2022-12-06/

The Biden administration will expand deportation relief and access to work permits for Haitians who are already in the United States, the U.S. Department of Homeland Security said on Monday, a move that comes as Haiti's government struggles to stabilize the country.

https://www.reuters.com/world/americas/ex-us-lawmaker-arrested-conspiring-act-agent-venezuela-2022-12-06/

Former U.S. lawmaker David Rivera was arrested on Monday on charges of conspiring to launder money and to illegally act as an agent of the Venezuelan government, according to a U.S. official and an indictment.

https://www.reuters.com/markets/europe/biden-administration-meet-with-oil-gas-execs-how-support-ukrainian-2022-12-05/

The Biden administration is convening a virtual meeting on Thursday with oil and gas executives to discuss how the United States can support Ukrainian energy infrastructure, according to a letter seen by Reuters.

https://www.reuters.com/business/energy/oil-rises-after-opec-holds-oil-output-targets-china-eases-covid-curbs-2022-12-04/

Oil prices fell over 3% on Monday, following U.S. stock markets lower, after U.S. service sector data raised worries that the Federal Reserve could continue its aggressive policy tightening path.

JulieAzel626: https://www.reuters.com/business/energy/oil-rises-after-opec-holds-oil-output-targets-china-eases-covid-curbs-2022-12-04/

Oil prices fell over 3% on Monday, following U.S. stock markets lower, after U.S. service sector data raised worries that the Federal Reserve could continue its aggressive policy tightening path.

In other words...

Oil market to Fed: Stop trying to make a recession happen.

https://www.reuters.com/business/energy/netherlands-proposes-eu-gas-price-cap-state-backed-buyers-document-2022-12-05/

The Netherlands has weighed into the European Union's debate on whether to cap gas prices with an alternative proposal that would cap gas prices but only for government-owned or state-supported buyers.