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☆ China's BYD is the world's biggest electric car maker — but it's not coming to America anytime soon
▼ + stars: | 2024-03-09 | by ( George Glover | ) www.businessinsider.com time to read: +6 min

Read previewJapanese and Korean carmakers cracked the US market long ago — but don't expect Chinese EV seller BYD to repeat that feat. Advertisement"It'd be very difficult for a Chinese EV maker to enter the US market," Seth Goldstein, an equity strategist at Morningstar, told Business Insider. The bill, a key part of US President Joe Biden's economic agenda, offers tax credits worth up to $7,500 for EV makers, excluding any "Foreign Entity of Concern." BYD isn't the only company turning its back on the US EV market. Given that EV sales growth is stalling in US, it's perhaps little wonder companies like BYD are not too bothered.

Persons: —, There's, Tesla, We're, Stella Li, BYD, Seth Goldstein, I'm, Suzuki, Jim Farley, Will Roberts, Goldstein, Roberts, Joe Biden's, Joe Biden, Demetrius Freeman, Rho Motion's Roberts, you'd, Li, carmakers Organizations: Service, Yahoo Finance, Business, Morningstar, Toyota, Motors, Nissan, Mazda, Lexus, Honda, Mitsubishi, Korea's Hyundai, Kia, North, Ford, EV, Rho, Energy, Treasury, Washington Post, Cox Automotive, Apple Locations: Korean, North America, —, China, North American, Russia, Iran, North Korea, Brazil, Thailand, Americas, Asia, South America

Chip Somodevilla/Getty Images Haley and her family walk back into the South Carolina State House after her inauguration in 2011. Justin Sullivan/Getty Images Haley waves to the crowd during the Conservative Political Action Conference in 2013. Alex Wong/Getty Images Haley hugs her husband after his Army National Guard unit returned in 2013. Haiyun Jiang/Bloomberg/Getty Images Haley takes the stage at her election night watch party in Charleston, South Carolina, in February 2024. Haley “won’t just go away,” said Katon Dawson, a longtime Haley ally and former chair of the South Carolina Republican Party.

Persons: Nikki Haley, Donald Trump, Haley, Trump, eked, “, ” Haley, Travis Dove, Michael, Nalin, Rena, Twitter Haley, Gerry Melendez, AP Haley, Chip Somodevilla, Tim Dominick, Getty Images Haley, Mitt Romney, Justin Sullivan, Alex Wong, Michael Haley, Rainier Ehrhardt, Jaswinder Singh, Narinder Nanu, Bobby Jindal, Jindal, Win McNamee, Sean Rayford, Saul Loeb, Mike Pence, Drew Angerer, State Rex Tillerson, Matthew Rycroft, Boris Johnson, Bryan R, Smith, Raad Adayleh, Brendan Smialowski, Spencer Platt, Evan Vucci, Kevin Lamarque, Don Bolduc, Brian Snyder, Jonathan Ernst, Jake Tapper, Will Lanzoni, Demetrius Freeman, Rachel Mummey, Jonathan Newton, Haiyun Jiang, Nicole Craine, Anna Moneymaker, Kimberly Rice, ”, Haley’s, Ron DeSantis, Charles Koch, ‘ Won’t, “ I’m, Koch, Haley “ won’t, Katon Dawson, Ebony Davis, David Wright, Jennifer Agiesta Organizations: CNN, New, GOP, Trump, Republican Party, State House, New York Times, Twitter, South, AP, Capitol, South Carolina State House, Getty Images, Conservative Political, Conference, Army National Guard, Getty, Louisiana Gov, National Governors Association, Emanuel African Methodist Episcopal Church, United Nations, United Nations Security Council, UN, State, British, Norwegian Refugee Council, Gali Tibbon, UN Security, West Bank, The United States, Anadolu Agency, Republican National Convention, Republican, Washington Post, Bloomberg, Former South Carolina Gov, Granite State, Super, Florida Gov, Prosperity, New Hampshire, South Carolina, SFA Fund, South Carolina Republican Party Locations: New Hampshire, South Carolina, California, Texas, Vermont, Virginia, North Carolina, Columbia , South Carolina, Afghanistan, Amritsar, India, AFP, Charleston , South Carolina, Columbia, State, New York, Syrian, United States, Jerusalem, Gali, Kuwait, Gaza, Londonderry , New Hampshire, Des Moines , Iowa, Iowa, Grand Mound , Iowa, Miami, Concord , New Hampshire, Granite, MAGA, Utah, Super, Costa Mesa , California, Texas , Massachusetts, North Carolina , Virginia , Texas

☆ Nikki Haley goes after Trump and Biden as ‘grumpy old men’ even as she courts older voters in South Carolina
▼ + stars: | 2024-02-06 | by ( Aaron Pellish | Kylie Atwood | ) edition.cnn.com time to read: +16 min

But the Haley campaign is also courting the support of South Carolina retirees, a growing portion of the Republican primary voter pool. She said on Twitter that this was her first Christmas card when she announced she would be running for the South Carolina state legislature. Nikki Haley/Twitter Haley celebrates with her family after being elected governor of South Carolina in November 2010. Chip Somodevilla/Getty Images Haley and her family walk back into the South Carolina State House after her inauguration in 2011. Demetrius Freeman/The Washington Post/Getty Images Haley visits a farm during a campaign stop in Grand Mound, Iowa, in September 2023.

Persons: Hilton, Nikki Haley, ” Haley, Donald Trump’s, Trump, Joe Biden, Haley, Maureen Bulger, intently, ” Bulger, “, ”, Biden, NBC’s, Ron DeSantis, Anna Memmo, it’s, ” Memmo, Ray Makalous, he’s, ” Makalous, Laura Holtzman, “ Trump, ” Holtzman, ” ‘, ’ Haley, aren’t, Larry Greenwold, ” Greenwold, Greenwold, he’d, Travis Dove, Michael, Nalin, Rena, Twitter Haley, Gerry Melendez, AP Haley, Chip Somodevilla, Tim Dominick, Getty Images Haley, Mitt Romney, Justin Sullivan, Alex Wong, Michael Haley, Rainier Ehrhardt, Jaswinder Singh, Narinder Nanu, Bobby Jindal, Jindal, Win McNamee, Sean Rayford, Saul Loeb, Mike Pence, Drew Angerer, State Rex Tillerson, Matthew Rycroft, Boris Johnson, Bryan R, Smith, Raad Adayleh, Brendan Smialowski, Spencer Platt, Evan Vucci, Kevin Lamarque, Don Bolduc, Brian Snyder, Jonathan Ernst, Jake Tapper, Will Lanzoni, Demetrius Freeman, Rachel Mummey, Jonathan Newton, Ed Spears, Spears, ” Spears, Carol Carty, ” Carty, “ It’s, that’s, “ I’ve, Trumper Organizations: , South Carolina CNN, South, Republican, Census Bureau, Biden, Hilton Head, New, Democratic, Republican Party, Trump, Florida Gov, Washington Post, Monmouth University, United Nations, CNN, State House, New York Times, Twitter, AP, Capitol, South Carolina State House, Getty Images, Conservative Political, Conference, Army National Guard, Getty, Louisiana Gov, National Governors Association, Emanuel African Methodist Episcopal Church, United Nations Security Council, UN, State, British, Norwegian Refugee Council, Gali Tibbon, UN Security, West Bank, The United States, Anadolu Agency, Republican National Convention Locations: , South Carolina, South Carolina, New Jersey, United States, New Hampshire, Trump, Iowa, Virginia, Hilton Head, Kansas, New York, CNN’s New Hampshire, Columbia , South Carolina, Afghanistan, Amritsar, India, AFP, Charleston , South Carolina, Columbia, State, Syrian, Jerusalem, Gali, Kuwait, Gaza, Londonderry , New Hampshire, Des Moines , Iowa, Grand Mound , Iowa, Miami

☆ Nikki Haley wants a two-person race. New Hampshire’s independents just might give her one
▼ + stars: | 2024-01-21 | by ( Arit John | Jeff Zeleny | ) edition.cnn.com time to read: +16 min

Chip Somodevilla/Getty Images Haley and her family walk back into the South Carolina State House after her inauguration in 2011. Tim Dominick/The State/MCT via Getty Images Haley campaigns for presidential candidate Mitt Romney in 2012. Justin Sullivan/Getty Images Haley waves to the crowd during the Conservative Political Action Conference in 2013. Alex Wong/Getty Images Haley hugs her husband after his Army National Guard unit returned in 2013. Demetrius Freeman/The Washington Post/Getty Images Haley visits a farm during a campaign stop in Grand Mound, Iowa, in September 2023.

Persons: Hollis, Hollis , New Hampshire CNN — Danielle Brown, John McCain, Barack Obama, Nikki Haley, ” Brown, Haley, “ Haley, Chris Sununu, Trump, Trump . Sen, Tim Scott of, ”, ” Haley, Sununu, “ Nikki Haley, ” Trump, Greg Moore, Charles Koch, Moore, “, ” Moore, Susan Rice, Trump . Rice, “ I’m, ” Rice, ” Michael Lewis, Donald Trump, ” Lewis, “ There’s, “ MAGA, GOP Sen, J.D, Vance of, Sylvia, ” Bill Jackson, “ She’s, She’s, we’ve, they’re, Trump –, Biden, Joe Biden, Ron DeSantis, Travis Dove, Michael, Nalin, Rena, Twitter Haley, Gerry Melendez, AP Haley, Chip Somodevilla, Tim Dominick, Getty Images Haley, Mitt Romney, Justin Sullivan, Alex Wong, Michael Haley, Rainier Ehrhardt, Jaswinder Singh, Narinder Nanu, Bobby Jindal, Jindal, Win McNamee, Sean Rayford, Saul Loeb, Mike Pence, Drew Angerer, State Rex Tillerson, Matthew Rycroft, Boris Johnson, Bryan R, Smith, Raad Adayleh, Brendan Smialowski, Spencer Platt, Evan Vucci, Kevin Lamarque, Don Bolduc, Brian Snyder, Jonathan Ernst, Jake Tapper, Will Lanzoni, Demetrius Freeman, Rachel Mummey, Jonathan Newton, Nikki Haley Prev, CNN’s KFile, “ You’re, Nancy Protzmann, ” Protzmann, –, don’t, Ebony Davis, Ali Main Organizations: Hollis , New Hampshire CNN, New Hampshire Republican, Democratic, South Carolina Gov, Trump, Hampshire GOP, Republican Party coalesces, Trump ., Republicans, Republican, AFP, White House, Republican Party, Hollis, NATO, Republican National, Convention, Fox News, GOP, Vance of Ohio, “ Republican, Marist, Biden, Florida Gov, State House, New York Times, Twitter, South, AP, Capitol, South Carolina State House, Getty Images, Conservative Political, Conference, Army National Guard, Getty, Louisiana Gov, National Governors Association, Emanuel African Methodist Episcopal Church, United Nations, United Nations Security Council, UN, State, British, Norwegian Refugee Council, Gali Tibbon, UN Security, West Bank, The United States, Anadolu Agency, Republican National Convention, CNN, Washington Post, Social Security, Social Locations: Hollis , New Hampshire, Granite, New Hampshire, Haley’s, Hampshire, South Carolina, Trump, Tim Scott of South Carolina, Concord, Washington, Newfields, Hampton, Manchester, Portsmouth, Rochester, Maine, Kingston, Nashua, she’s, Iowa, Columbia , South Carolina, Afghanistan, Amritsar, India, AFP, Charleston , South Carolina, Columbia, State, New York, Syrian, United States, Jerusalem, Gali, Kuwait, Gaza, Londonderry , New Hampshire, Des Moines , Iowa, Grand Mound , Iowa, Miami, Hollis

☆ Vivek Ramaswamy ends presidential campaign
▼ + stars: | 2024-01-15 | by ( Aaron Pellish | Kaitlan Collins | ) edition.cnn.com time to read: +11 min

CNN —Biotech entrepreneur Vivek Ramaswamy ended his campaign for the 2024 Republican presidential nomination Monday night after a disappointing finish in the Iowa caucuses. From Vivek Ramaswamy 2024 Presidential Campaign Ramaswamy appears in a sixth-grade musical performance at his school in Sharonville, Ohio, in 1997. From Vivek Ramaswamy 2024 Presidential Campaign Ramaswamy speaks at the Forbes Under 30 Summit in Philadelphia in 2015. Demetrius Freeman/The Washington Post/Getty Images Ramaswamy and Nikki Haley participate in the first Republican presidential debate in August 2023. Win McNamee/Getty Images Ramaswamy talks to members of the media after the first Republican presidential debate.

Persons: Vivek Ramaswamy, we’ve, ”, Ramaswamy, Donald Trump, ” Ramaswamy, “, Anna Moneymaker, Tony Jones, Network Ramaswamy, Instagram Ramaswamy, Gilbert Carrasquillo, Karthik, Apoorva, Angelo Merendino, Anthony Anex, Shutterstock Ramaswamy, Mark Peterson, Alex Brandon, Maddie McGarvey, Jon Cherry, Walter Waligura, John Tully, Arjun, Apoorva Ramaswamy, Michael M, Ramaswamy's, Vek, Demetrius Freeman, Nikki Haley, Win McNamee, Scott Olson, Ramaswamy claps, Maansi Srivastava, Trump, Tucker Carlson’s, Ronna McDaniel, “ We’ve, Kim Reynolds, stagnating, caucusgoers, CNN’s Gregory Krieg, Kaitlan Collins Organizations: CNN — Biotech, Trump, “, Street Journal, Republican, Conservative Political, Conference, Cincinnati Enquirer, USA, Network, Jesuit, Xavier High School, Harvard University, Forbes, Swiss Economic, Ohio Republican, Washington Post, Rifle, Bloomberg, Getty, New York Times, Liberty National Summit, Ohio State University, Iowa State Fairgrounds, BMI, White, Inc, Fox News, Yale University, Roivant Sciences, Management, Republican Party, GOP, RNC, Fair, Gov, Des Moines Register, NBC, CNN New, South Carolina Gov Locations: Iowa, Des Moines , Iowa, New Hampshire, “ America, of, New York, Sharonville , Ohio, Philadelphia, Columbus , Ohio, Interlaken, Switzerland, Cincinnati, Indianapolis, Windham , New Hampshire, Independence , Iowa, Clive , Iowa, “, Cincinnati , Ohio, Ohio, CNN New Hampshire, Indian, Ukraine, Russia, Israel, China, Taiwan, Iraq, Afghanistan

REUTERS/Demetrius Freeman/File Photo Acquire Licensing RightsCompanies Tennessee Office of Attorney General FollowNov 1 (Reuters) - Three Tennessee families of transgender children on Wednesday asked the U.S. Supreme Court to strike down a state law banning so-called gender-affirming care, such as puberty blockers and hormones, for patients under 18. Circuit Court of Appeals allowed Tennessee and Kentucky to enforce bans on gender-affirming care in September. Families challenging the Kentucky ban have not yet filed a petition to the Supreme Court. The St. Louis, Missouri-based 8th Circuit last year blocked an Arkansas ban, though the court is expected to consider the issue again. The Tennessee families urged the Supreme Court to take up the issue in part to avoid the "chaos" of conflicting court rulings.

Persons: Demetrius Freeman, Jonathan Skrmetti, Brendan Pierson, Alexia Garamfalvi, Bill Berkrot Organizations: REUTERS, Rights Companies Tennessee, Wednesday, U.S, Supreme, Constitution, Tennessee, Circuit, Republican, . Circuit, Thomson Locations: Washington, New York, U.S, Tennessee, Cincinnati , Ohio, Kentucky, Georgia, Alabama, St, Louis , Missouri, Arkansas

Nye, who was appointed by Republican former President Donald Trump, had in August issued a temporary order blocking the law. Idaho Attorney General Raul Labrador called the ruling a "significant win" and said the law was "designed to protect students." Idaho's bathroom bill allows students to sue schools for $5,000 if they encounter a transgender student in a bathroom in violation of the law. The new law says schools must provide a "reasonable accommodation" for transgender students unwilling or unable to use their assigned bathroom. Federal courts have been divided on school policies requiring transgender students to use the restroom corresponding to their birth sex, with the Richmond, Virginia-based 4th U.S.

Persons: Demetrius Freeman, David Nye, Nye, Donald Trump, Peter Renn, Raul Labrador, Rebecca Roe, Brad Little, Brendan Pierson, Alexia Garamfalvi, Matthew Lewis, David Gregorio Our Organizations: REUTERS, District, Republican, Lambda, Circuit, Appeals, Thomson Locations: Washington, New York, U.S, Idaho, Richmond , Virginia, Virginia, Atlanta, Florida

☆ Trump bemoans high interest rates and indicates he might pressure Fed to lower
▼ + stars: | 2023-09-15 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

"Interest rates are very high. Asked specifically by Welker whether he would try to strong-arm Powell into lowering rates, Trump said, "Depends where inflation is. Those remarks came while the Fed was raising interest rates in 2018 and 2019. I did a lot of jawboning against him, and he ultimately lowered interest rates. We had lower interest rates.

Persons: Donald Trump, Demetrius Freeman, Jerome Powell, Trump, Powell, MTP, Kristen Welker, Welker, Chuck Todd, harken, Janet Yellen, Joe Biden, Bacon Organizations: Iowa Pork, Fair, Iowa State Fairgrounds, Washington Post, Getty, Press, Twitter, Fed, Trump

☆ Hunter Biden has been indicted on gun charges after his plea deal fell apart. The most serious count could send him to prison for up to 10 years.
▼ + stars: | 2023-09-14 | by ( Sonam Sheth | Jacob Shamsian | Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

The indictment comes after Biden's plea deal with the feds related to two tax charges fell through in late July. AdvertisementAdvertisementThe indictment comes after Biden's plea deal with federal prosecutors on misdemeanor tax charges fell apart in court in late July. AdvertisementAdvertisementProsecutors previously signaled they would bring the gun and tax charges against Biden through the ordinary process, with a grand jury. While Thursday's indictment includes three gun charges, it does not include the tax charges. A plea deal with no time behind bars was an unusually good bargain, he said.

Persons: Hunter Biden, Biden's, Biden, Joe Biden's, —, Neama Rahmani, Maryellen Noreika, Prosecutors, David Weiss, Donald Trump, Trump, Noreika, Leo Wise, Wise, Rahmani, that's, it's, concocting, Demetrius Freeman, James Comer, Joe Biden, Comer, Kevin McCarthy, impeaching Biden, Weiss, Hunter Biden's, didn't Organizations: Service, Biden —, Republicans, West, Trial, Washington, Getty Images Republican, FBI Locations: Wall, Silicon, Delaware

☆ Where student-loan forgiveness now stands for millions of borrowers one year after Biden announced his broad debt relief plan
▼ + stars: | 2023-08-24 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Since then, it faced legal hurdles, and the Supreme Court struck the relief down in June. Since he took office, his administration was weighing its options to get relief to borrowers, and Biden himself even questioned his authority to enact broad debt relief. About a month after the debt relief announcement, applications opened for federal borrowers to apply for an up to $20,000 reduction to their balances. It did go all the way to the Supreme Court and was deemed ineligible. Even with the Supreme Court ruling, Biden's administration has started implementing other reforms for borrowers, along with a new process for broad student-loan forgiveness using a different law.

Persons: Biden, Joe Biden's, Miguel Cardona, Harris, Biden's, it's, Joe Biden, Demetrius Freeman, Bharat Ramamurti, Chuck Schumer Organizations: Service, Biden, Social, Education Department, Republican, Supreme, Here's, White, Washington, Getty, Higher, National Economic Council Locations: Wall, Silicon

☆ Is Biden's $39 billion student loan forgiveness action legal? 'Be assured it's going to stay,' says expert
▼ + stars: | 2023-07-18 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Demetrius Freeman/The Washington Post via Getty ImagesHow are the two loan forgiveness actions different? There are four of these plans, which aim to make loan payments more affordable for lower earners. That law gave the president power to revise student loan programs during national emergencies. The Trump administration had leveraged the Heroes Act to implement a student loan payment pause at the onset of the Covid-19 pandemic. However, Congress has already authorized loan forgiveness relative to income-driven repayment plans, dating to when it created them in the 1990s.

Persons: Joe Biden, Education Miguel Cardona, Demetrius Freeman, —, Biden, hasn't, Virginia Foxx, Abby Shafroth, who've, Trump, Shafroth, Kantrowitz Organizations: U.S, Education, Washington, Getty, White, U.S . Department of Education, Department of Education, National Consumer Law Center, National Consumer Law, of Education

☆ Fox News is unlikely to face pushback from professional journalism groups after court documents revealed it lied to viewers
▼ + stars: | 2023-03-19 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

The White House Correspondents' Association doesn't police member conduct, a former board member said. A number of professional organizations told Insider that Fox News fell well short of the standards expected in the profession. "Journalism receives significant protections from the First Amendment and with those protections come profound responsibilities," McCarran told Insider. Evidence made public in Dominion's lawsuit shows how Fox employees — beyond just hosts of opinion shows — had priorities other than telling their viewers the truth. "There are left-wing publications, right-wing publications, there are government-owned publications — there's Voice of America, foreign news organizations," the former board member said. "

☆ Kansas legislature passes bill to ban transgender athletes from girls' sports
▼ + stars: | 2023-03-10 | by ( ) www.reuters.com time to read: +2 min

[1/2] Transgender rights activist waves a transgender flag at a rally in Washington Square Park in New York, U.S., May 24, 2019. REUTERS/Demetrius FreemanMarch 9 (Reuters) - Kansas' Republican-led legislature on Thursday passed a bill that would ban transgender athletes from playing girls or women's school sports if they were born male. Kansas Governor Laura Kelly, a Democrat, is expected to veto the bill, as she vetoed two similar measures in the previous two years. Opponents and LGBTQ advocates say the laws are unnecessary, given the small number of transgender athletes in school sports. At least 18 states have passed or enacted legislation preventing transgender students from playing on school sports teams matching their gender identity.

☆ David Letterman interviews Ukraine's Zelenskiy in underground subway
▼ + stars: | 2022-12-12 | by ( ) www.reuters.com time to read: +2 min

[1/2] David Letterman arrives at the Statue Of Liberty Museum Opening Celebration at Battery Park in New York, U.S., May 15, 2019. REUTERS/Demetrius Freeman/File PhotoDec 12 (Reuters) - U.S. talkshow host David Letterman has done many interviews in his life - but never one quite like this. In October, the late-night host traveled to Kyiv to interview Ukrainian President Volodymyr Zelenskiy in the safest part of the city — a subway platform 300 feet (90 meters) below ground. Letterman also spoke with the head of Ukraine's railways - vital to the war effort - and visited a comedy club. "My Next Guest... with David Letterman and Volodymyr Zelenskiy" airs on Netflix from Monday.

☆ The effort to ban members of Congress from trading stocks is mostly dead — at least for now
▼ + stars: | 2022-12-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +9 min

Time has largely run out in this Congress to ban lawmakers from trading stocks. On Monday, he told Insider in a statement that he would "keep pushing to get this debated on the floor and get it passed." Democratic senators formed a working group, with Senate Majority Leader Chuck Schumer's blessing, to draft legislation to ban stock trading among lawmakers. In the Senate, Democratic Sen. Elizabeth Warren of Massachusetts told Insider that it was "not yet" time to declare the effort dead, pointing to ongoing discussions. "I support a stock ban for members of Congress," he told reporters in September.

Still, these six Black Republicans seem unmoved, even if Black voters overall appear to present more of an uphill challenge. Herschel Walker and Former ambassador Nikki Haley speak with the press during Herschel's Unite Georgia Bus Stop rally at the Global Mall in Norcross, Ga., on Sept. 9, 2022. It’s a bigger picture.”The Black vote was critical in turning Georgia blue in the 2020 presidential election and pushing Biden to the presidency and ultimately Warnock into the Senate. “I know Herschel Walker votes more conservative. Even with the recent allegations, these voters point out that between Warnock and Walker’s policies, they prefer Walker’s because he is anti-abortion.

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