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☆ Opinion: A Russian weapon could wipe out US space edge
▼ + stars: | 2024-05-15 | by ( Clayton Swope | ) edition.cnn.com time to read: +7 min

Here, the NanoRacks-Remove Debris satellite is deployed from the International Space Station in 2018. Before revelations about Russia’s development of a nuclear anti-satellite weapon, there had been indications of global recognition that the use of certain space weapons was bad for everyone. The proposed defense budget for 2025 does not reflect the scale and urgency of the need to counter space threats and protect space systems. Learning how to operate satellites in a space environment clogged with debris or increased radiation caused by a space weapon is also important. We need a two-pronged effort to prepare for the worst: Double down on efforts to protect and maintain access to space in a hostile space environment and consider how to operate without space.

Persons: Clayton Swope, Mike Turner, Estonia’s, —, Vassily Nebenzia, Frank Herbert’s Organizations: Aerospace Security, International Security, Center for Strategic, International Studies, CIA, CNN, Clayton, Clayton Swope Center, Strategic, United, US, Intelligence, Ohio Republican, International Space Station, NASA, GPS, Finnair, United Nations, UN, Twitter Locations: Washington , DC, Russian, United States, Russia, Ohio, Vietnam, Guadalcanal, Iwo Jima, Tartu, China, Moscow

☆ Trump’s playboy past is in the spotlight. His allies are readying a new fight against pornography
▼ + stars: | 2024-05-15 | by ( Steve Contorno | ) edition.cnn.com time to read: +12 min

A movement to rein in online pornography is rapidly intensifying, fueled by conservative outrage and growing unease over the accessibility of sexual content online, especially for children. Pornography is mentioned on the first page; banning pornography and locking up those who produce it are proposed on Page 5. He was an occasional guest at Hugh Hefner’s famed Playboy Mansion and made cameos in soft-core pornographic films produced by the company – though not in any scenes depicting sexual content or nudity. ‘Sex is the canary in the coal mine’The Supreme Court has deemed previous attempts to curb online pornography unconstitutional on First Amendment grounds. They were designed to protect adults from accessing adult content, which, of course, is their stated aim.

Persons: Donald Trump’s, Trump, “, ”, Terry Schilling, Hugh Hefner’s, Stormy Daniels, Karen McDougal –, McDougal, Daniels, Kevin Roberts, ” Roberts, ” Roberts hasn’t, Ben Carson, Charlie Kirk, Chris LaCivita, Susie Wiles, President Trump, LaCivita, Wiles, Mike Stabile, ” Pornhub, –, Robert Winterton, Pornhub, Solomon Friedman, It’s, ” Schilling, Paul Dans, Stabile, ” Stabile, Schilling, “ It’s, Stuart Brotman, Brotman –, Playboy’s Hefner –, Roberts, ” Brotman, Ben Bull, ” Bull Organizations: CNN, Trump, Heritage Foundation, Playboy, Heritage, Housing, Urban, Free Speech Coalition, US, Apple, Google, Facebook, ”, National Center, Media, Ethical Capital Partners, Republicans, US Department of Justice, University of Tennessee, GOP Locations: Manhattan, Washington, DC, Lake Tahoe, Texas, – Virginia, Montana , North Carolina , Arkansas , Utah , Mississippi, Louisiana, California, Knoxville

☆ Biden administration is sending $1 billion more in weapons, ammo to Israel, congressional aides say
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: +2 min

The Biden administration has told key lawmakers it is sending a new package of more than $1 billion in arms and ammunition to Israel, three congressional aides said Tuesday. It's the first arms shipment to Israel to be announced by the administration since it put another arms transfer — consisting of 3,500 bombs — on hold this month. The package being sent includes about $700 million for tank ammunition, $500 million in tactical vehicles and $60 million in mortar rounds, the congressional aides said. They spoke on condition of anonymity to discuss an arms transfer that has not yet been made public. House Republicans were planning this week to advance a bill to mandate the delivery of offensive weaponry for Israel.

Persons: Joe Biden, Walter E, Biden, It's, Israel's, Joe Biden's Organizations: Pacific American Institute for Congressional, Washington Convention Center, Street Journal, House Republicans Locations: Washington, Israel, Gaza, Rafah, U.S

☆ ‘Chelsea’ Asked for Nude Pictures. Then the Sextortion Began.
▼ + stars: | 2024-05-15 | by ( Sarah Maslin Nir | ) www.nytimes.com time to read: +1 min

The Instagram message popped up from a girl named Chelsea: “Howdy.”David didn’t know anyone named Chelsea, but he clicked through her profile: She had brown hair and a nice smile; under her name was a quote from the Bible. He was hesitant when she asked him to chat, but soon her flirty messages escalated to a volley of explicit pictures, and David, a 32-year-old pharmacy technician, got carried away. When she asked him for a nude, he hardly thought twice, he said. He slipped into the bathroom at the New Jersey hospital where he works, took a picture and hit send. David’s phone lit up with messages: pictures he had sent with his genitals exposed alongside screenshots of his Instagram followers with whom he shares a last name — his family.

Persons: “ Howdy, ” David didn’t, selfies, David, “, ” Organizations: Chelsea, Department of Homeland Security Locations: Chelsea, New Jersey, Nigeria

☆ Biden raises tariffs on $18 billion of Chinese imports: EVs, solar panels, batteries and more
▼ + stars: | 2024-05-14 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

U.S. President Joe Biden meets Chinese President Xi Jinping on the sidelines of the G-20 leaders' summit in Bali, Indonesia, on Nov. 14, 2022. The Biden administration announced stiff new tariff rates Tuesday on $18 billion worth of Chinese imports. Starting this year, President Joe Biden will quadruple tariffs on imported Chinese electric vehicles, from 25% to 100%. And tariffs on some Chinese steel and aluminum imports will increase more than three-fold, from 7.5% today up to 25%. First-time tariffs will be imposed on Chinese imports of medical needles and syringes, as well as massive ship-to-shore cranes, the White House said in a fact sheet.

Persons: Joe Biden, Xi Jinping, Biden, Katherine Tai Organizations: . Trade Locations: Bali , Indonesia, China

Investigators recounted the crew’s desperate efforts to restore electrical power and halt the ship’s drift toward the bridge. They described how one of eight maintenance workers still on the bridge that night managed to sprint to safety moments before the bridge collapsed. The 985-foot-long vessel departed the Port of Baltimore around 1 a.m. on March 26 and traveled along a heavily used shipping channel that would take it under the Francis Scott Key Bridge. But as it approached the bridge, the power went out on the vessel and alarms blared. Transportation officials have been re-examining structural protection systems on bridges, which in some cases are missing or flawed, that are supposed to deflect wayward ships away from bridge piers.

Persons: Francis Scott Key Organizations: Investigators, Transportation Locations: Port of Baltimore

☆ How One Crack in the Line Opened a Path for the Russians
▼ + stars: | 2024-05-14 | by ( Marc Santora | Tyler Hicks | ) www.nytimes.com time to read: +1 min

Thunderous explosions shook the ground as the Ukrainian crew prepared to maneuver its American-made Bradley fighting vehicle out of camouflage and, once again, into the fire. The commander of the team, a sergeant with the call sign Lawyer, nervously scanned the sky. “If we are seen, the KABs will come,” he said, referring to the one-ton bombs Russia has been using to target Ukraine’s most valuable armor and defenses. The crew’s mission was to help contain the breach: protect outmanned and outgunned infantry soldiers, evacuate the wounded and use the Bradley’s powerful 25-millimeter cannon against as many Russians as possible. Mortars and rockets exploded all around, and the gunner was badly injured, said the commander, identified only by his call sign according to military protocol.

Persons: Bradley, ” Locations: Russia, Ocheretyne

☆ Dedrone: 2024 CNBC Disruptor 50
▼ + stars: | 2024-05-14 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

Enter Dedrone, a Sterling, Va.-based defense tech company and inventor of technology with advancements to protect against escalating drone warfare. Recognized for innovations in smart airspace security, Dedrone technology is used by the military, government, and commercial customers including airports, stadiums and high-profile events such as Formula One Grand Prix to detect, track and reduce threats. Additionally, Dedrone systems are at work in Ukraine. Flying high this past year, Dedrone technology was singled out for an award as the only counter-drone approved for use in anti-terrorism by the Department of Homeland Security. Dedrone also expanded its partnership with the FAA for more testing of its technology at airports.

Persons: Richard D, Clarke, Dedrone Organizations: Department of Homeland Security, U.S ., Washington, D.C, US Army, FAA Locations: Russia, Ukraine, Israel, Asia, Sterling, Va

☆ David McBride: Former Australian military lawyer who exposed alleged war crimes jailed for leaking documents
▼ + stars: | 2024-05-14 | by ( Hilary Whiteman | Angus Watson | ) edition.cnn.com time to read: +7 min

However, during proceedings against McBride, the court heard that he did not bring the documents to the media’s attention to highlight the alleged war crimes. “David McBride leaked documents to our national broadcaster which contained credible evidence of war crimes committed by Australian forces in Afghanistan. Pender and others pointed out that no one had yet been prosecuted over Australia’s alleged war crimes in Afghanistan – except the man who had brought it to the country’s attention. Australian Federal Police officers raided the ABC offices in Sydney in 2019 seeking documents as they pursued potential charges against the journalists behind the story. The Australian Federal Police is working with the Office of the Special Investigator (OSI) to investigate potential charges.

Persons: CNN —, ”, David Mossop, David McBride, McBride, Mark Davies, Brereton, Mossop, “, ” McBride, Justice Mossop, ” Mossop, McBride’s, Kieran Pender, “ David McBride, Pender, Australia’s, “ Will, Peter Greste, Greste, ” “ David, ” Greste, he’ll, Anthony Albanese, “ I’m, Mark Dreyfus Organizations: CNN, Australian Army, Canberra, Australian Broadcasting Corporation, ABC, Australian Defense Force, Australian Special Air Service, SAS, Human Rights Law, Australian, Journalists, Australian Federal Police, Commonwealth, Public Prosecutions, ADF, AFP Locations: Afghanistan, Egypt, Sydney, New South Wales

☆ China is engaged in ‘deliberate' efforts to undermine the U.S. and Europe, says EU envoy Gitenstein
▼ + stars: | 2024-05-14 | by ( Vicky Mckeever | ) www.cnbc.com time to read: +1 min

Mark Gitenstein, the U.S. ambassador to the EU, said China is deliberately distorting markets with a glut of cheap goods. Speaking to CNBC's Silvia Amaro on Tuesday, Gitenstein said China was "engaged in a deliberate effort to undermine economic sectors in both Europe and the United States." The Chinese Embassy in London did not immediately respond to a request for comment when contacted by CNBC. It comes amid growing concerns over a raft of cheap Chinese "green" goods — such as EVs, batteries and solar panels — flooding international markets. White House officials have already warned Beijing to amend certain trade practices that it argues have weakened global supply chains.

Persons: Mark Gitenstein, CNBC's Silvia Amaro, Gitenstein, Biden, Ursula von der Leyen, Charles Michel, — CNBC's Rebecca Picciotto Organizations: Embassy, CNBC, White, European Commission, European Locations: U.S, China, Europe, United States, London, Beijing, People's Republic of China, PRC

☆ A Trump judge and Biden’s Justice Department agree that a Texas map is illegal. But that doesn’t mean it will change
▼ + stars: | 2024-05-14 | by ( Tierney Sneed | ) edition.cnn.com time to read: +10 min

CNN —A county redistricting plan in Texas that a Donald Trump-appointed judge deemed “a clear violation” of the Voting Rights Act is back before a notoriously conservative appeals court. After the 2021 Census, the Republican-led county commission broke up that district, locking in four majority-white districts instead. Their opponents argue that Congress did not intend for multiple “classes” of minorities to be considered together when assessing a map’s Voting Rights Act compliance. Black and Latino voices ‘extinguished,’ judge saysThe 2021 map split up the long-established Precinct 3, spreading those minority voters across the four total commission precincts. “It would be devastating for minority voters as devastating as it was for Galveston’s Black and Latino voters.”

Persons: Donald Trump, Biden, Jeffrey Vincent Brown, –, ”, Valencia Richardson, Christian Adams, ‘, ” Brown, Brown, Mark Henry –, Henry, Robin Armstrong, Armstrong, Adams, Circuit “, Elena Kagan, …, ” Chad Ennis –, ” Ennis, Hilary Harris Klein Organizations: CNN, Republican, 5th, Campaign, “, Senate, Justice Department, Galveston Republicans, Interest Legal Foundation, Circuit, Southern Coalition for Social Justice Locations: Texas, Galveston’s County, Galveston County, White, Galveston, Louisiana, Mississippi, ”

☆ OpenAI's latest model, GPT-4o, sounds a lot like a digital girlfriend. Some sex workers are rolling with it.
▼ + stars: | 2024-05-14 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. AdvertisementLinda, a phone sex operator, told Business Insider that artificial intelligence is being adopted by some in the sex work community, and she now regularly sees AI-generated images on profiles of fellow phone sex workers. "It's not for everyone, but, honestly, I think it's great — like you want a sex robot, guys — here ya go! " Representatives for OpenAI did not immediately respond to a request for comment from Business Insider.

Persons: —, Scarlett Johannson, Joaquin Pheonix —, OpenAI, Scott Woods, Sam Altman, Linda, Kaitlyn, Amouranth, Siragusa Organizations: Service, Business, Mars, BI, Polygon, The New York Post Locations: Berlin

☆ Biden to increase tariffs on $18 billion in Chinese imports in a new warning to Beijing
▼ + stars: | 2024-05-14 | by ( Kayla Tausche | ) edition.cnn.com time to read: +5 min

Washington CNN —President Joe Biden is increasing tariffs on $18 billion in Chinese imports across a handful of sectors deemed strategic to national security – an attempt to cripple Beijing’s development of critical technologies and instead prioritize US production. The increases will apply to imported steel and aluminum, legacy semiconductors, electric vehicles, battery components, critical minerals, solar cells, cranes and medical products. That same trade law also requires the effectiveness of such tariff programs to be evaluated every four years, and the Biden administration decision is the result of that study. “China can’t be the only country that produces clean technology for the world we need,” a senior administration official said. The Chinese government, Biden argued, is providing state money to Chinese steel companies to make more steel than the economy demands, pushing down the price and making it impossible for other companies to compete.

Persons: Joe Biden, “, ”, Lael Brainard, “ China’s, Donald Trump, Biden, Wang Wenbin, Trump, Janet Yellen, Antony Blinken, “ They’re, ” Biden, Sam Fossum Organizations: Washington CNN, White, National Economic Council, CNN, Biden, Trade Organization, Brookings Institute, United Steelworkers, Trump, China’s Ministry, Commerce Locations: China, Beijing, Europe, Brazil, Turkey, Pittsburgh, Midwest

☆ Russia appears to be creating a 'buffer zone' to stop Ukraine raiding Russian towns, experts say
▼ + stars: | 2024-05-14 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

Russian troops appear to be creating a "buffer zone" in northeast Ukraine, military experts said. The goal is likely to stop Ukraine from carrying out cross-border raids on Russian towns, they said. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussian forces appear to be creating a "buffer zone" instead of pursuing deeper offensives in northeast Ukraine, likely in a bid to stop Ukraine from raiding Russian towns, military experts said.

Persons: — Organizations: Kremlin, Service, Business Locations: Ukraine, Belgorod, Kharkiv

☆ Putin to meet Xi in China as world convulses from global conflicts
▼ + stars: | 2024-05-14 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

Pyongyang – which has an economy almost entirely dependent of China – is believed by Western governments to be aiding Russia with war supplies. Xi has ramped up his calls for Europe and other countries to help the world avoid a “Cold War,” suggesting they resist what Beijing sees as US efforts to contain China. They have also criticized Israel and the United States – converging with mounting global backlash, especially across the Global South against Israel’s war. The conflict has also impacted how China and Russia view their relations with countries there, he added. China “wants to use Russia” for its aims, but Russia is making China weak, he said.

Persons: Xi Jinping, Vladimir Putin, Putin, –, It’s, China –, Xi, France –, Jens Stoltenberg, Sergei Guneyev, ”, Li Mingjiang, Manoj Kewalramani, Russia doesn’t, Stringer, Gaza —, Sergey Lavrov, presser, Wang Yi, Israel, “, Privately, Shen Dingli, China “, Alexander Dugin, Donald Trump, Li Organizations: Hong Kong CNN, West, NATO, Forum, Singapore’s Nanyang Technological University, EU, Takshashila, Boys, Getty, United, Global, Shanghai Cooperation Organization, Russia, Weibo, Moscow, CNN Locations: Hong Kong, China, Russian, Gaza, Ukraine, Moscow, Washington, Iran, North Korea, Pyongyang, Russia, Tehran, Beijing, Europe, France, Serbia, Hungary, Bangalore, Rafah, AFP, Israel, United States, Kewalramani, South, Taiwan, Shanghai, Singapore

☆ Opinion: Did Trump’s defense think this strategy would work on Cohen?
▼ + stars: | 2024-05-14 | by ( Opinion Norman Eisen | ) edition.cnn.com time to read: +8 min

CNN —The forceful direct examination of former Trump fixer-turned-star prosecution witness Michael Cohen concluded Tuesday in the Manhattan criminal trial of former President Donald Trump. But the cross was uneven and Cohen, like Stormy Daniels before him, held his own. Whether that will change in the days ahead remains to be seen, but in any event, the cross of Cohen got off to an inauspicious start. ), his anti-Trump podcast (showing bias, but Cohen owned it) and even selling anti-Trump merchandise (showing financial motive, but again failing to get a rise out of Cohen). However, even when Blanche confronted Cohen with his most inflammatory social media comments, such as calling Trump a “dictator douchebag” and a “Cheeto-dusted cartoon villain,” Cohen was utterly unfazed.

Persons: Michael Cohen, Donald Trump, Todd Blanche, Cohen, Stormy Daniels, Trump, Allen, Weisselberg, Daniels, Norm Eisen, Susan Hoffinger, ”, Hoffinger, “, Blanche, ” Cohen, Susan Necheles, Necheles, Judge Juan Merchan, douchebag ”, mercifully, Blanche’s Organizations: CNN, Trump fixer, Trump, Trump Organization, Trump “, Twitter Locations: Manhattan

☆ Why Johnson’s appearance at Manhattan courthouse stands out among Republicans backing up Trump
▼ + stars: | 2024-05-14 | by ( Stephen Collinson | ) edition.cnn.com time to read: +6 min

CNN —House Speaker Mike Johnson is not waiting for ex-President Donald Trump to be judged by a jury of his peers. Vance, a possible VP contender, was there along with Alabama Sen. Tommy Tuberville, a famed former college football coach. The speaker’s appearance is different, given the constitutional heft of his office and the figurative connotations it evokes. Some experts have questioned whether any other defendant besides Trump would face the same indictment at the hands of a prosecutor, Manhattan District Attorney Alvin Bragg, a Democrat. Trump is exercising his right to mount a defense and is considered innocent until proven guilty.

Persons: Mike Johnson, Donald Trump, He’s, Trump, Johnson, Michael Cohen, Ohio Sen, J.D, Vance, Alabama Sen, Tommy Tuberville, Doug Burgum, ”, he’s, Stormy Daniels, Daniels, Cohen, Trump’s, –, ” Johnson, Attorney Alvin Bragg, “ Organizations: CNN —, Republican, Louisiana Republican, Trump, ”, Ohio, Alabama, North Dakota Gov, GOP, Attorney, Democrat Locations: Louisiana, New York, Manhattan

☆ As an adult filmmaker, I know kids are watching porn at a young age. Here's how I talk to mine about it.
▼ + stars: | 2024-05-14 | by ( Joni Sweet | ) www.businessinsider.com time to read: +7 min

A lot of parents think they don't need to talk to their kids about porn, but as an adult filmmaker, I never had that option. Talking to children about porn isn't just important for parents in the adult entertainment industry, though. We can't assume our kids have not seen porn. That's why I created the nonprofit The Porn Conversation to give families tools to help them talk with kids about porn literacy. Pointing out the things we see and questioning them helps children build the skills they'll need to understand porn.

Persons: —, Erika Lust, I've, what's, they're, it's Organizations: Service, Lust, Business

☆ Biden announces a 100% tariff on Chinese EVs
▼ + stars: | 2024-05-14 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

The White House has announced it will impose tariffs on $18 billion worth of Chinese goods. The new measures target Chinese EVs, with tariffs rising from 25% to 100%. It comes as fears grow that a wave of cheap Chinese EVs could upend the US market. AdvertisementJoe Biden has hiked tariffs on Chinese electric cars as he looks to protect the US auto industry from a wave of cheap Chinese EVs. The White House announced early Tuesday that it was imposing tariffs on $18 billion worth of Chinese goods, including a 100% tax on Chinese-made electric cars.

Persons: —, Joe Biden Organizations: Service, White House, Business

☆ Biden Will Raise Tariffs on Chinese Electric Vehicles, Chips and Other Goods
▼ + stars: | 2024-05-14 | by ( Jim Tankersley | ) www.nytimes.com time to read: +1 min

President Biden will announce on Tuesday that he is raising tariffs on an array of Chinese imports, including electric vehicles, solar cells, semiconductors and advanced batteries, in what he calls an effort to protect strategic American industries from a new wave of competitors that are unfairly subsidized by Beijing. The president will also officially endorse maintaining tariffs on more than $300 billion worth of Chinese goods that were put in place by President Donald J. Trump. Mr. Biden criticized those tariffs as taxes on American consumers during his 2020 run for the White House. Mr. Biden’s moves are the latest trade-war escalation from a president who initially pledged to repeal at least some of the Trump tariffs but now refuses to cede any ground to his rival in a tough-on-China appeal to swing voters in the industrial Midwest and beyond. They also reflect Mr. Biden’s efforts to build on Mr. Trump’s consensus-defying trade confrontation with China while focusing it on sectors of strategic importance to the United States, like clean energy and semiconductors.

Persons: Biden, Donald J, Trump, Biden’s Organizations: White Locations: Beijing, China, United States

☆ 'All That' star Lori Beth Denberg says Nickelodeon's Dan Schneider showed her porn, initiated phone sex, and lashed out on set
▼ + stars: | 2024-05-14 | by ( Kate Taylor | ) www.businessinsider.com time to read: +15 min

Schneider told Denberg that he should have been the one to have that conversation. "I feel like that is the first time he preyed on me," Denberg told Business Insider. "Nobody thinks it is their responsibility" to protect the people working at Nickelodeon, Denberg said. According to Denberg, Schneider would refuse to write her jokes for the segment until the last minute, forcing her to perform live without rehearsing. Denberg said she cheered up Bynes, then told Schneider that he couldn't change "the little girl's lines on the spot."

Persons: Lori Beth Denberg, Dan Schneider, Nickelodeon's, Denberg, Schneider, Drake, Josh, Jenny Kilgen, Lori Beth, it's, she's, Albie Hecht, Brian Robbins, Amanda Bynes, costars, Jeff Kravitz, Farah Alvin, Denberg's, It's, Robbins, Angelique Bates, Bates, Bynes, Dan, gaunt, Alvin, Amanda, Gioncarlo Valentine, Schneider hadn't, Schneider's, Hecht, SpongeBob, Kate Taylor, Mimi Meyer Organizations: Business, Nickelodeon, Schneider, BI, Robbins Productions, Nickelodeon's, Nickelodeon Entertainment, New York Times, Paramount, Paramount Global, Maxine Productions, Sony Pictures Locations: Orlando, Los Angeles, York

☆ Prosecution seeks to land Trump hush money case as Cohen cross-examination looms
▼ + stars: | 2024-05-14 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

“This case is going to turn in large part on the cross-examination of Mr. Cohen. Cohen said that Trump told him: “Women are going to hate me. “This was all about the campaign.” Cohen also testified that Trump said he would not be on the market for long, implying he could get another wife quickly. Throughout his testimony, Cohen said he always kept Trump up to speed with his activities. “Everything required Mr. Trump’s sign-off,” he said, noting the Daniels payment was no exception.

Persons: CNN — “, Michael Cohen, Donald Trump’s, Cohen, Trump, ” Ryan Goodman, CNN’s Erin Burnett, ” Trump, Bernarda Villalona, “, Donald Trump, ”, “ Michael Cohen, David Schoen, ” Schoen, CNN’s Wolf, quagmire, Joe Biden, Judge Juan Merchan, Cohen –, –, Ohio Sen, J.D, Vance, Alabama Sen, Tommy Tuberville, mulls, “ What’s, Stormy Daniels, Susan Hoffinger, Hoffinger, Daniels, Daniels ’, —, ” Cohen, smirked, Trump’s, ’, ‘, reimbursements Cohen, Allen Weisselberg Organizations: CNN, Prosecutors, Republican, NYU Law, Trump, New, New York Times, Judge, Alabama, GOP, Ohio Republican, Trump Organization, White House Locations: New York, Siena, York, Ohio

☆ U.S. energy panel approves rule to expand transmission of renewable power
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: +6 min

Republican Mark Christie opposed the rule, dismissing it as a gift to solar and wind power operators. Many power companies and Republican-led states don't want to spend money on new transmission lines or upgrades for renewable energy, creating conflicts with Democratic states that have ambitious clean-energy goals. The rule is intended to streamline how power lines are sited and how costs are shared between states. It could accelerate construction of new transmission lines for wind, solar and other renewable power and add huge amounts of clean energy to the grid. The new rule "will improve regional transmission planning, break down barriers to grid buildout and support the delivery of more affordable and reliable power,″ Zaidi said.

Persons: Joe Biden's, Willie Phillips, Allison Clements, Republican Mark Christie, Phillips, Christie, ″, Biden, Ali Zaidi, ″ Zaidi, Clements, Heather O'Neill, Chuck Schumer, Schumer Organizations: Federal Energy Regulatory Commission, Democratic, Republican, Energy Department, FERC, Advanced Energy Locations: Washington, U.S

☆ Cramer says Ford and General Motors are big winners after Biden raises tariffs on Chinese imports
▼ + stars: | 2024-05-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

"Not only does this tariff protect American car companies from cheap Chinese electric vehicles, it also means that their regular vehicles — their regular cars and trucks and hybrids — will benefit, too," he said. But with Biden increasing tariffs on Chinese electric vehicles from 25% to 100% this year, automakers like Ford and General Motors have less to worry about. Biden will also raise tariffs on semiconductors, solar cells, masks and medical gloves as well as issue first-time tariffs on medical needles on syringes. Cramer also said Ford shares can go higher if the company can "curtail the immense losses in electric vehicles," which will be easier to do with these new tariffs. "The chief reason GM and Ford stocks sell at the bottom of the S&P 500 barrel is because of this existential Chinese threat," he said.

Persons: CNBC's Jim Cramer, Cramer, Biden, Becton Dickinson, Ford, China's Organizations: Biden, Ford, GM, General Motors, Texas Instruments, Owens, Minor

☆ China vows to take ‘all necessary actions’ in response to Biden’s tariffs
▼ + stars: | 2024-05-14 | by ( Wayne Chang | Mark Thompson | ) edition.cnn.com time to read: +2 min

Taipei/London CNN —Beijing says it will take “all necessary actions” to protect its rights as US President Joe Biden announced huge tariffs on imports of electric vehicles and other goods from China. “China opposes the unilateral imposition of tariffs which violate (World Trade Organization) rules, and will take all necessary actions to protect its legitimate rights,” Chinese foreign ministry spokesperson Wang Wenbin told reporters Tuesday in a regular press briefing shortly before the widely anticipated White House announcement. In addition to Chinese EVs, the increase in US tariffs will apply to imports of steel and aluminum, legacy semiconductors, battery components, critical minerals, solar cells, cranes and medical products. The new tariff for solar components will be 50%, while the remainder of the targeted imports will attract tariffs of 25%. Leaders from the Group of Seven developed economies will discuss how to protect their industries at a summit next month.

Persons: London CNN —, Joe Biden, Wang Wenbin, Biden, Wang, ”, ” Wang Organizations: London CNN, Trade Organization, European Locations: Taipei, London, London CNN — Beijing, China, United States, Europe, Beijing

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