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☆ White House plans to limit Biden's graduation speeches as campuses erupt in protests
▼ + stars: | 2024-04-27 | by ( Mike Memoli | ) www.cnbc.com time to read: +6 min

Two White House officials noted that the number of speeches for Biden and Harris is similar to the two previous years. Another White House official declined to preview how Biden might address the campus unrest. Biden campaign officials say that despite the media focus on campus protests, public polling and their own research show that young voters are more concerned with other issues. "We know from the conversations we have that young voters are planning to vote, and voters are planning to vote for us," she said. Rep. Ro Khanna, D-Calif., visited multiple Wisconsin college campuses this week as a member of the Biden campaign's national advisory board.

Persons: Joe Biden, Kamala Harris, Biden, Harris, Jill Biden, Barack Obama, Karine Jean, Pierre, John Della Volpe, Della Volpe, Eve Levenson, aren't, Levenson, Ro Khanna, It's Organizations: U.S, Capitol, Montgomery County Community College, Morehouse College, U.S . Military Academy, West, Air Force Academy, White House, Barnard College, Joplin High School, White, Harvard University, Harvard Kennedy School Institute of Politics, Biden campaign's, Freedoms, Democratic, Biden, Harvard Locations: Blue Bell, Valley Forge , Pennsylvania, U.S, West, Virginia, Florida, Gaza, Wisconsin

☆ Biden says he would be 'happy to debate' Trump
▼ + stars: | 2024-04-26 | by ( Kyla Guilfoil | ) www.cnbc.com time to read: +1 min

President Joe Biden said Friday during a one-on-one interview with radio host Howard Stern that he is willing to debate Donald Trump ahead of the 2024 presidential election. "I am, somewhere, I don't know when, but I am happy to debate him," Biden said in the interview. When asked in February about Trump's calls for debate, Biden merely said, "If I were him, I'd want him to debate me, too. In response to Biden's remark on Friday, a Trump campaign adviser, Chris LaCivita, said in a post to X, "Ok let's set it up!" The president's new openness for the debate comes after Trump has been advocating for a chance to go head-to-head with Biden on stage.

Persons: Joe Biden, Milton J, Howard Stern, Donald Trump, Biden, Trump's, I'd, He's, Trump, Chris LaCivita Organizations: Rubenstein Museum of Science, Technology Locations: America, Central New York, Syracuse , New York, U.S

☆ Ashley Biden, in unsealed letter to judge, detailed ‘pain’ from diary theft
▼ + stars: | 2024-04-26 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Ashley Biden, the daughter of President Joe Biden, wrote a judge to say she would not attend the criminal sentencing earlier this month of the woman who stole her diary because "it would only increase my pain." The highly emotional letter was unsealed by U.S. District Judge Laura Taylor Swain more than three weeks after the judge sentenced Aimee Harris to one month in federal jail and three months of home detention. "My goal in asking Your Honor to impose a term of incarceration is to ensure that another woman isn't bullied and shamed like this ever again," Biden wrote. Biden also asked Swain to sentence the Florida resident to prison followed by a lengthy probation period, according to the letter unsealed Thursday in Manhattan federal court. Project Veritas did not publish the diary, but another right-wing outlet did, shortly before the 2020 presidential election, which Joe Biden won.

Persons: Ashley Biden, Joe Biden, Laura Taylor Swain, Aimee Harris, isn't, Biden, Harris, Swain, David McCaw, Robert Kurlander Organizations: U.S, The New York Times, Veritas, Project Veritas Locations: Angeles, Los Angeles, Florida, Manhattan

☆ Biden promise to rival China on shipbuilding faces a big economic problem
▼ + stars: | 2024-04-25 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +11 min

The Biden administration is correct that China has not played fair. But he said the nations that could rival China in shipbuilding are Asian competitors. Shipbuilding subsequently dropped to around five ships per year, which is approximately the current rate of U.S. shipbuilding. President Joe Biden speaks to members of the United Steel Workers Union at the United Steel Workers Headquarters on April 17, 2024 in Pittsburgh, Pennsylvania. Biden announced new actions to protect American steel and shipbuilding industries including hiking tariffs on Chinese steel.

Persons: Biden, Ben Nolan, Nolan, Reagan, Joe Biden, Jeff Swensen, —, Darron, Wadey, Lloyd, Matson, George Washington, Ronald O'Rourke, O'Rourke Organizations: Mitsui Shipbuilding Co, Taicang Port Economic, Technological, Future Publishing, Getty, CNBC, Shipbuilding, Global, United States, Trade, U.S . Trade, U.S, China's Ministry of Commerce, United Steel Workers, Japan's Nippon Steel, United Steel Workers Union, United Steel Workers Headquarters, Analysts, Matson Shipping, Jones Act, Philly Shipyard, CMA CGM, Matson, United, Maritime Administration, U.S ., Huntington Ingalls Industries, News Shipbuilding, U.S . Navy, U.S Navy, Newport News Shipbuilding, Virginian Pilot, Tribune, Service, Force, warfighting, Navy, Biden, Congressional Research Service Locations: Taicang Port, Suzhou, Jiangsu province, China, U.S, Japan, South Korea, United States, Pennsylvania, Pittsburgh , Pennsylvania, American, Bangladesh, U.S . Virgin Islands, Great, Mississippi, Ohio

☆ Trump's lawyer says presidents could get away with crimes if they aren't discovered until after they leave office
▼ + stars: | 2024-04-25 | by ( Jacob Shamsian | Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Trump's lawyers say a president can get away with crimes if Congress doesn't find out about it while they're in office. If a president leaves before Congress can impeach and convict, they're home free, Trump's lawyers say. Related storiesIn oral arguments Thursday, Justice Amy Coney Barrett asked what would happen if potential criminal conduct wasn't discovered until after a president already left office. "What if the criminal conduct isn't discovered until after the president is out of office, so there was no opportunity for impeachment?" Smith didn't bring his indictment against Trump until the summer of 2023 — more than two years after Trump left office.

Persons: doesn't, they're, —, It's, Donald Trump, Trump's, John Sauer, don't, Trump, Jack Smith's, Amy Coney Barrett, wasn't, isn't, Sauer, Antonin Scalia, Smith didn't, Joe Biden's Organizations: Supreme, Service, US, US Senate, Trump

☆ Biden's proposals to tax high earners not sensible from long term perspective: Douglas Holtz-Eakin
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden's proposals to tax high earners not sensible from long term perspective: Douglas Holtz-EakinHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Douglas Holtz, Brian Sullivan, “ Organizations: CNBC

☆ Audacious Ukrainian drone attacks keep doing massive damage to Russia's oil industry
▼ + stars: | 2024-04-25 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

The strikes are doing serious damage to Russia's oil and gas sector. Bloomberg reported that Russia's oil refining is at an 11 month low. AdvertisementBloomberg earlier this week reported that Russia's oil refining is at an 11-month low because of flooding and Ukraine's drone campaign. Ukraine's attacks on Russian oil depots are one of the few bright spots in its war in recent months. "Future Ukrainian drone strikes may disable and disrupt more of Russia's refining capacity and inflict critical constraints on Russian refining that begin to substantially impact Russia's production of distillate products," the analysts said.

Persons: —, Joe Biden's Organizations: Bloomberg, Service, AFP, Metallurgical, The Locations: Ukraine, Russia, Russia's Smolensk, Lipetsk, Russia's, Ukraine's, US

☆ Jason Furman on the case against student loan relief: We have an economy that hasn't landed softly
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJason Furman on the case against student loan relief: We have an economy that hasn't landed softlyJason Furman, Harvard’s Kennedy School of Government economics professor and former CEA chairman, joins 'Squawk Box' to discuss why he's against the Biden administration's student loan forgiveness proposal, why he believes the plan is poorly targeted and will make inflation worse, President Biden's budget proposal, FTC's ban on noncompete clauses, the Fed's interest rate outlook, and more.

Persons: Jason Furman, Biden's Organizations: Harvard’s Kennedy School of Government, Biden

☆ Every Kennedy family member that opposes RFK Jr.'s presidential campaign
▼ + stars: | 2024-04-24 | by ( Brent D. Griffiths | Madison Hall | ) www.businessinsider.com time to read: +1 min

Independent presidential candidate Robert F. Kennedy Jr.'s large family keeps speaking against him. Kennedy, whose campaign could hurt Donald Trump's reelection chances, brushed it off in a lengthy social media post highlighting his affection for them. "I hear some of my family will be endorsing President Biden today," Kennedy posted. And we love our president," Christopher Kennedy told Politico shortly after RFK Jr. decided to run as an Independent. Many of his relatives haven't been nearly as kind when speaking out against Kennedy, as seen below:

Persons: Robert F, Kennedy Jr, Joe Biden, Biden's, —, Joe Biden's, Biden, Kennedy, Donald Trump's, Christopher Kennedy, haven't Organizations: Service, Democratic, Politico, RFK Jr Locations: Philadelphia

☆ Biden is fighting Trump's tough tactics by calling for tripled tariffs on Chinese steel imports
▼ + stars: | 2024-04-24 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Read previewUS President Joe Biden last week called for a tripling of tariffs on Chinese steel and aluminum imports, echoing former President Donald Trump's levies on a range of goods from China. Biden — who is the frontrunner for the Democratic Party's presidential nominee — said China's steel production was backed by state funds, which enable the commodity to be sold cheaply to the US. He wants to hike a key tariff on Chinese steel and aluminum from 7.5% to 25%. AdvertisementHowever, the US isn't a large Chinese steel importer. AdvertisementLin added that China's steel sector is geared toward meeting domestic demand and doesn't receive any export-oriented subsidies.

Persons: —, Joe Biden, Donald Trump's, Biden —, Trump, Chim Lee, Biden, Lin Jian, Lin, Janet Yellen, EIU's Lee Organizations: Service, Democratic, Business, Bloomberg, Economist Intelligence Locations: China, Beijing, Chile, Brazil

☆ These 18 senators voted against Ukraine and Israel aid
▼ + stars: | 2024-04-24 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

The Senate passed a bill to provide aid to Ukraine, Israel, and Taiwan — and force a sale of TikTok. Republicans opposed the Ukraine aid, while some Democrats took issue with Israel aid. Republicans generally voted against the package because of their long-standing opposition to Ukraine aid, while Democrats opposed the bill over the lack of conditions on Israel aid. AdvertisementThat included a vote on a nearly $61 billion Ukraine aid bill, a more than $26 billion Israel aid bill, Taiwan aid, and a bill that combined an amended version of a previously approved TikTok bill that was combined with a bill allowing the US to seize Russian assets to pay for Ukraine aid. Related stories37 House Democrats voted against Israel aid, while 112 House Republicans voted against Ukraine aid.

Persons: —, Joe Biden's, Mike Johnson, Donald Trump, Sen, Lindsey Graham of, Bernie Sanders, Vermont Jeff Merkley, Oregon Peter Welch of Organizations: Service, Republicans, Ukraine, Democratic, Republican Locations: Ukraine, Israel, Taiwan, Lindsey Graham of South Carolina, Vermont, Oregon, Oregon Peter Welch of Vermont

☆ Biden issues new rules for airlines to require automatic cash refunds, prohibit surprise fees
▼ + stars: | 2024-04-24 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

The first rule requires airlines to be more transparent about extra fees. The second rule requires airlines to issue cash refunds automatically, rather than in response to customer requests. It will require that airlines list and explain all extra fees "clearly, conspicuously, and accurately" on their web platforms or when they provide fare prices offline. The new airline rules are the latest action in President Joe Biden's broader battle against what the White House calls "corporate rip-offs." "There are tens of billions of dollars in other junk fees across the economy, and I've directed my administration to reduce or eliminate them," Biden said in 2022.

Persons: Biden, Pete Buttigieg, Buttigieg, Joe Biden's, I've Organizations: Department of Transportation, Boeing, Alaska Airlines, United, White House Locations: Southwest

☆ Tommy Tuberville misses Ukraine aid vote after railing against it
▼ + stars: | 2024-04-24 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Read previewAhead of a final Senate vote to send Ukraine aid to President Joe Biden's desk, Sen. Tommy Tuberville made one last stand against it. Paul has long been an opponent of Ukraine aid, while Scott said in a statement on Tuesday that he supports the bill. The more than $61 billion in Ukraine aid was wrapped up in a larger $95 billion package that included more than $14 billion for Israel, $9 billion in humanitarian aid, aid for Taiwan, and a bill to force a sale of TikTok. AdvertisementThe Alabama senator has long been an opponent of Ukraine aid. In May 2022, he was one of just 11 Republican senators to vote against a $40 billion aid package for the country.

Persons: —, Joe Biden's, Sen, Tommy Tuberville, Tuberville, It's, Sens, Rand Paul of Kentucky, Tim Scott of, Paul, Scott, Katie Britt, Tuberville's, Vladimir Putin, Donald Trump Organizations: Service, Alabama Republican, Republican, Business, Democratic Locations: Ukraine, Russia, Tim Scott of South Carolina, Tuberville's Alabama, Israel, Taiwan, Alabama, Soviet Union

☆ Biden signs Israel, Ukraine, TikTok bill into law
▼ + stars: | 2024-04-24 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

US President Joe Biden speaks after signing the foreign aid bill at the White House in Washington, DC, on April 24, 2024. President Joe Biden on Wednesday signed into law measures to provide aid to Israel, Ukraine and Taiwan, as well as force Chinese TikTok parent company ByteDance to sell the social media platform. It should have been easier and it should've gotten there sooner," Biden said Wednesday after signing the bill. Biden had signaled his intention to sign the bill into law after the House passed the proposal on Saturday. The law earmarks roughly $60 billion in aid for Ukraine, $26 billion for Israel and $8 billion for security in Taiwan and the Indo-Pacific.

Persons: Joe Biden, should've, Biden, TikTok Organizations: White, Capitol, Senate Locations: Washington ,, Israel, Ukraine, Taiwan, America, U.S

☆ Biden’s controversial ‘cannibalism’ remarks meet pushback in Papua New Guinea
▼ + stars: | 2024-04-24 | by ( Heather Chen | ) edition.cnn.com time to read: +4 min

“President Biden’s remarks may have been a slip of the tongue; however, my country does not deserve to be labeled as such,” Marape said. While cannibalism was documented among remote tribes in the region in the mid-20th century, Papua New Guinea has struggled to shed stereotypes in more recent decades, and Biden’s comments were met with criticism inside the country. “These apparent untrue remarks by the sitting President is a low point in our bilateral relations,” Tkatchenko said. “He got shot down in an area where there were a lot of cannibals in New Guinea at the time. When asked about the remarks, the White House did not repeat Biden’s assertions about cannibals or his uncle’s plane being shot down.

Persons: Joe Biden’s, Biden, Ambrose Finnegan’s, James Marape, Biden’s, ” Marape, ”, Justin Tkatchenko, Washington, ” Tkatchenko, Marape, “, Ambrose Finnegan, ” “, Finnegan “ Organizations: CNN, Papua New Guinea, Allied, Australian, Embassy, Moresby, Defense POW, Agency Locations: Papua New Guinea, Pacific, New Guinea, Papua New, Port Moresby, Beijing, United States, ”, U.S, Pennsylvania

☆ Solar manufacturers petition U.S. to impose tariffs on imports from four Southeast Asian nations
▼ + stars: | 2024-04-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

A coalition of U.S. solar manufacturers petitioned the federal government on Wednesday to impose tariffs on imports from four Southeast Asian nations, alleging that the countries are flooding the U.S. market with cheap products that threaten the domestic industry. The other six parties to the petition are Convalt Energy, Meyer Burger, Mission Solar, Qcells, REC Silicon and Swift Solar. They are requesting that the Commerce Department impose tariffs on solar cell imports from the four countries as a remedy. "This case is bad news for clean energy jobs and American solar manufacturing," Array CEO Kevin Hostetler said in a statement Wednesday. The ITC and Commerce Department investigations will take about 12 months to conclude, Brightbill said.

Persons: Meyer Burger, Tim Brightbill, Joe Biden, Brightbill, Kevin Hostetler, Janet Yellen, Biden Organizations: U.S, Convalt Energy, International Trade Commission, Commerce, ITC, Initiative, Commerce Department, Solar Energy Industries Association, American Clean Power Association, Advanced Energy, American Council, Renewable Energy, Technologies, International Energy Agency, IEA, CNBC Locations: Zhangye city, Gansu province, China, Cambodia, Malaysia, Thailand, Vietnam, U.S, The U.S, Beijing's

☆ TikTok creators fear for their livelihoods after U.S. lawmakers pass bill that could lead to ban
▼ + stars: | 2024-04-24 | by ( Zach Vallese | ) www.cnbc.com time to read: +7 min

"TikTok allows small businesses and creators to find their people in their community," Nichols told CNBC, ahead of the bill's signing. watch nowNichols joined a number of other TikTok creators in traveling to the Capitol to oppose a potential ban. TikTok creators and influencers, living far out of the realm of politics, have a very different concern. Tony Youn, a plastic surgeon with 8.4 million TikTok followers, said finding a big audience is difficult. WATCH: Senator Markwayne Mullin talks passage of Tiktok ban

Persons: Craig Hudson, Ophelia Nichols, Nichols, Biden, TikTok didn't, Shou Zi Chew, TikTok, Markwayne Mullin, CNBC's, Mullin, they'll, Zi Chew, Sen, John Fetterman, Anna Moneymaker, livestreams, Adam Mosseri, Tony Youn, Youn Organizations: Foreign, Capitol, Washington , D.C, CNBC, Oxford, TikTok, America Survey, Lawmakers, Communist Party, Russell Senate, ByteDance, Getty, YouTube, Meta, Facebook Locations: Washington , U.S, Alabama, Washington ,, Israel, Ukraine, Taiwan, It's, American, U.S, TikTok, United States

☆ Biden just signed a bill that could ban TikTok: Here's what that means for you
▼ + stars: | 2024-04-24 | by ( Aditi Shrikant | ) www.cnbc.com time to read: 1 min

President Joe Biden signed a bill into law on Wednesday that would ban TikTok if its not sold within the year. The measure is folded into a law that says the United States will provide aid to Israel, Ukraine, and Taiwan. TikTok representatives have already responded. "This unconstitutional law is a TikTok ban, and we will challenge it in court," the company wrote in a Wednesday statement on X following Biden's signing. "This ban would devastate seven million businesses and silence 170 million Americans."

Persons: Joe Biden Locations: United States, Israel, Ukraine, Taiwan

☆ Here's why Biden administration believes new student loan forgiveness plan will survive legal challenges
▼ + stars: | 2024-04-23 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

US President Joe Biden speaks about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. The aid package is narrowerBiden's 2020 campaign promise to erase student debt was thwarted at the Supreme Court in June. Biden had tried to forgive the debt of nearly all 40 million federal student loan borrowers, with many people getting up to $20,000 in cancellation. As a result, for critics of broad student loan forgiveness, Biden's new plan looks a great deal like his first. Biden's first forgiveness plan was based on the Higher Education Relief Opportunities for Students Act, or HEROES Act, of 2003.

Persons: Joe Biden, Andrew Caballero, Reynolds, Joe Biden's, Biden didn't, Biden, who've, Biden's, Andrew Bailey, X, Bailey, There's, didn't, John Roberts, Lyndon B, Johnson, Sen, Elizabeth Warren, Warren Organizations: Madison Area Technical College, AFP, Getty, U.S . Department of Education, Republican, Higher, Higher Education, Act, Biden, ., of Education Locations: Madison , Wisconsin, Missouri, . Nebraska

☆ FTC votes to ban noncompete clauses that bar employees from working for competitors
▼ + stars: | 2024-04-23 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Federal Trade Commission Chair Lina Khan testifies before a House Judiciary Committee hearing on Oversight of the Federal Trade Commission, on Capitol Hill in Washington, D.C., July 13, 2023. The Federal Trade Commission on Tuesday voted 3-2 for a nationwide ban against noncompete agreements, which companies use to prevent employees from taking jobs with competitors in the same industry. The FTC estimates that 30 million American workers, or roughly 18%, are currently subject to a noncompete. The FTC initially proposed the noncompete ban in January 2023. Meanwhile, business trade groups claim that noncompetes help preserve intellectual property and company secrets.

Persons: Lina Khan, Joe Biden, Joe Biden's, Biden Organizations: Federal Trade, Federal Trade Commission, Capitol, Washington , D.C, Federal, U.S . Chamber of Commerce, Workers, FTC, Department, DOJ Locations: Washington ,, U.S

☆ Labor Department issues rule to crack down on bad retirement savings advice
▼ + stars: | 2024-04-23 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Al Drago/Bloomberg via Getty ImagesThe Biden administration issued a final rule on Tuesday that cracks down on the investment advice that advisors, brokers, insurance agents and others give to retirement savers. The final rule takes effect on Sept. 23. Current retirement rules don't provide adequate protections to savers, Labor Department officials said during a press call Tuesday. Such a dynamic can "chip away" at Americans' savings, Gomez said. The amount of 401(k)-to-IRA rollovers is 'astronomical'The final rule doesn't differ significantly from the Biden administration's initial proposal, Labor officials said.

Persons: Al Drago, Biden, Obama, Lisa Gomez, That's, Gomez, Andrew Oringer, Oringer Organizations: U.S . Department of Labor, Bloomberg, Getty, Labor, Security, The Labor Department, Economic Advisers, Biden, Finance, Economic, Wagner, Department of Labor Locations: Washington, IRAs

☆ ByteDance, TikTok shelled out $7 million on lobbying and ads to combat potential U.S. ban
▼ + stars: | 2024-04-23 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

TikTok spent over $4.5 million this year on a television and digital ad campaign pushing back on legislation that could ban the app, according to data from AdImpact. The Senate first passed a procedural vote on a foreign aid package that contains the new TikTok legislation. It marks the most Urban's firm, LGL Advisors, has been paid by ByteDance in a given quarter, according to federal lobbying data. The most ByteDance previously spent on lobbying in the first quarter was in 2023 for over $1.8 million, according to data from OpenSecrets. ByteDance and TikTok spent over $8 million on lobbying in 2023.

Persons: ByteDance, TikTok, Joe, doesn't, David Urban Organizations: National Security Council, Management, Budget, U.S . Trade, U.S, Senate, LGL Advisors, ByteDance Locations: China, United States, Washington, OpenSecrets

☆ It looks like Trump might regret RFK Jr.'s campaign
▼ + stars: | 2024-04-22 | by ( Madison Hall | Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Conventional wisdom suggests that RFK Jr.'s presidential campaign could stop Biden from reelection. Biden leads Trump in an NBC News survey when third-party candidates are in the mix. AdvertisementFormer President Donald Trump's allies may end up regretting Robert F. Kennedy Jr.'s long shot presidential campaign. In the survey, NBC found that a greater share of Trump voters flock to the noted vaccine skeptic's campaign when their presidential choices are expanded beyond just Trump and Biden. Trump leads Biden by 2 points (within the margin of error) in a two-on-two rematch, but the advantage flips to Biden by the same margin when the field is expanded to Biden, Trump, Kennedy, Jill Stein, and Cornel West.

Persons: Biden, Trump, —, Donald Trump's, Robert F, Kennedy Jr, Kennedy, Joe Biden's, Jill Stein, Cornel West, Timothy Mellon, Mike Pence, Democrat — Organizations: RFK Jr, NBC, Service, NBC News, Trump, Biden, Kennedy, GOP, New, Democratic Party, The New York Times, Democrat, Democratic Locations: New York, The

☆ High-speed rail system from Las Vegas to Southern California breaks ground
▼ + stars: | 2024-04-22 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +2 min

Officials broke ground Monday on a new high-speed rail system that will connect Southern California and Las Vegas. The Brightline West system, touted as the "first true high-speed rail system" in the U.S., will run across a 218-mile route between Las Vegas and three California stops including Rancho Cucamonga, about 40 miles east of Los Angeles. Brightline's first rail system launched in Florida and the route spans between Miami and Orlando. Trains reach speeds of up to 125 mph, connecting the two cities in about 3.5 hours. "People have been dreaming of high-speed rail in America for decades — and now, with billions of dollars of support made possible by President Biden's historic infrastructure law, it's finally happening," Buttigieg said in the release.

Persons: I'm, Pete Buttigieg, Joe Lombardo, it's, Buttigieg Organizations: Washington , D.C, Cucamonga, Infrastructure Law, CNBC, Brightline, Los Angeles Locations: Southern California, Las Vegas, London, Paris, Boston, Washington ,, U.S, California, Los Angeles, Nevada and California, Nevada, Florida, Miami, Orlando, America

☆ Vital US arms and ammo could reach Ukraine in days once Senate passes military aid bill as expected, Pentagon says
▼ + stars: | 2024-04-21 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

The Pentagon is expediting preparation for a military aid package, awaiting Senate approval. The $95 billion aid bill, expected to pass next week, designates $60 billion for Ukraine. AdvertisementThe Pentagon could rush vital air defense weapons and artillery shells to Ukraine within days if the military aid bill clears the Senate as expected and receives President Joe Biden's signature, said the Department of Defense. The bill is widely expected to pass the Senate in the coming days. Diego Herrera Carcedo/Anadolu Agency via Getty ImagesThe new aid package addresses critical shortages of Ukrainian units, including 155 mm ammunition for NATO-standard artillery systems and medium-range rocket artillery.

Persons: —, Joe Biden's, Biden, Diego Herrera Carcedo, Volodymyr Zelenskyy, Pat Ryder, Jens Stoltenberg Organizations: Pentagon, Service, Department of Defense, Washington Post, Republican Party, Anadolu Agency, Getty, NATO, Guardian, Officials, Pentagon Press, Air Force Locations: Ukraine, Israel, Asia, Russia, Ukrainian, Donetsk Oblast, Washington, Avdiivka, Russian

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