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☆ Corporate leaders, wealthy donors want a say in Trump's vice presidential pick
▼ + stars: | 2024-05-08 | by ( Brian Schwartz | ) www.cnbc.com time to read: +5 min

Other VP contenders at the weekend meeting included Stefanik, Scott and North Dakota Gov. This may help to explain why some influential Trump donors are especially wary of Ohio Republican Sen. J.D. Rubio, Stefanik, Scott and Burgum have all privately been pitched to Trump as top prospects with close ties to top business leaders. Those ties could bolster Trump's fundraising operation if one of them is chosen as his running mate, according to people familiar with the matter. Burgum could even help to self-fund Trump's campaign, just as he did for his own Republican primary run for president.

Persons: Donald Trump, Brendan Mcdermid, Trump, Ike Perlmutter, Elise Stefanik, Rupert Murdoch, Glenn Youngkin, Billionaire, South Carolina Sen, Tim Scott, Scott, Larry Ellison, Perlmutter, Florida Republican Sen, Marco Rubio's, Rubio, Stefanik, Doug Burgum, Marc Short, Mike Pence, Ohio Republican Sen, J.D, Vance, Vivek Ramaswamy, It's, Vivek, Ramaswamy, it's, I'm, Joe Biden's, Burgum Organizations: Reuters, Marvel Entertainment, New York, Republican, Virginia Gov, Billionaire Trump, Oracle, Fox, CNBC, Florida Republican, Republican National Committee, North Dakota Gov, Mar, Trump, Ohio Republican, Ivy League, Commission Locations: Freeland , Michigan, U.S, South Carolina, Palm Beach, Fla, Scott, Ohio

☆ Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ
▼ + stars: | 2024-04-26 | by ( Ayelet Sheffey | Madison Hall | ) www.businessinsider.com time to read: +5 min

Some members of Trump's team want to restructure the Federal Reserve, the WSJ reported. That could include allowing the president to have a direct say on interest rate decisions. Trump has previously been critical of Powell's handling of interest rates during the pandemic. To help the Fed achieve its 2% inflation target, the Federal Open Market Committee has hiked interest rates 11 consecutive times since March 2022. Advertisement"I think he's going to do something to probably help the Democrats, I think, if he lowers interest rates," Trump said, adding that "it looks to me like he's trying to lower interest rates for the sake of maybe getting people elected."

Persons: Jerome Powell, —, Donald Trump, Trump, President Trump, Susie Wiles, Chris LaCivita, Powell, Ron DeSantis, Nikki Haley, Vivek Ramaswamy, Joe Biden, Robert F, Kennedy Jr, Biden Organizations: Federal Reserve, Service, Street, Trump, Management, Federal, Fed, Fox News, Republican, Florida Gov, South Carolina Gov, Biden, GOP Locations: New York

☆ Noem defends book excerpt where she describes killing dog and goat
▼ + stars: | 2024-04-26 | by ( Kit Maher | ) edition.cnn.com time to read: +3 min

Kristi Noem defended actions described in her upcoming book in which she killed a dog and goat on her family farm. According to an excerpt, which was obtained by The Guardian, Noem killed her dog Cricket because the dog was “untrainable,” “dangerous to anyone she came in contact with” and “less than worthless … as a hunting dog.”“I hated that dog,” Noem writes, according to the Guardian. “It was not a pleasant job,” Noem writes, according to The Guardian, “but it had to be done. Noem describes the goat as “nasty and mean” and having a “disgusting, musky, rancid” smell. Amid the speculation over her potential as Trump’s vice president continues, Noem would not say whether she would have certified the 2020 election if she were in the same position as former Vice President Mike Pence.

Persons: Kristi Noem, Noem, ” “, ” Noem, “, preorder, Trump, CNN’s Dana Bash, Mike Pence, Vivek Ramaswamy, ”, Donald J, CNN’s Shania Shelton Organizations: CNN, South Dakota Gov, The Guardian, Cricket, Guardian, Trump, Conservative Political, Conference, South, Republican Locations: New York, South Dakota

☆ Trump’s campaign said it raised $50.5 million at a high-dollar Florida fundraiser
▼ + stars: | 2024-04-07 | by ( ) www.cnbc.com time to read: +6 min

Donald Trump's campaign said it raised $50.5 million on Saturday, a staggering reported haul as his campaign works to catch up to the fundraising juggernaut of President Joe Biden and the Democratic Party. Trump and the GOP announced earlier in the week that they raised more than $65.6 million in March and closed out the month with $93.1 million. Biden and the Democrats announced Saturday that they took in more than $90 million last month and had $192 million-plus on hand. Campaign fundraising reports filed with the Federal Election Commission detailing donations from Saturday's event are not expected until a mid-July filing date. But when checks of any amount are written to the combined campaign, the campaign and Save America get paid first by default.

Persons: Donald Trump, John Paulson, Melania Trump, —, that's what's, Trump, Biden, Chris LaCivita, Susie Wiles, Bill Clinton, Barack Obama, Donald Trump's, Joe Biden, Jaime Harrison, Lara Trump, Robert Bigelow, Ron DeSantis, John Catsimatidis, Linda McMahon, Steve Wynn, Georgia Sen, Kelly Loeffler, South Carolina Sen, Tim Scott, Doug Burgum, Vivek Ramaswamy —, Nelson Mandela, South Africa's, Jasmine Harris, Jesus Christ, that's Donald Trump Organizations: America, Trump, Republican, Radio City Music Hall, Democratic Party, GOP, Mar, Democratic, Federal, Commission, Republican National Committee, Save, RNC, Save America, Florida Gov, World Wrestling Entertainment, Small Business Administration, South, Tim Scott , North Dakota Gov Locations: Palm Beach , Florida, Beach , Florida, New York, Florida, Las Vegas, Georgia, South Carolina, Tim Scott , North, York

☆ Jim Cramer shares his thoughts on J&J, Ollie’s Bargain Outlet, Fox, Intel and Snowflake
▼ + stars: | 2024-04-05 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +1 min

Johnson & Johnson : J & J agreed to buy medical technology company Shockwave Medical for $12.5 billion . The deal is expected to be dilutive to earnings per share early on, Jim Cramer said, though he acknowledged there's aspects to like. "The reason I like Shockwave is [J & J wants] to own the operating room, and this has a lot of AI. Ollie's Bargain Outlet : Shares rose more than 3% after analysts at Loop Capital upgraded the retailer to buy from hold. Snowflake : Following the stock's recent post-earnings and leadership-change pullback , analysts at Rosenblatt Securities upgraded the stock to a buy rating.

Persons: Jim Cramer's, Johnson, Jim Cramer, Cramer, they've, Bernstein, Sridhar Ramaswamy, it's Organizations: CNBC, Club, Johnson, Loop, TJX Companies, Costco . Fox Corp, Seaport Research, Fox, Intel, Rosenblatt Securities

☆ ‘It felt so wrong’: Chumbawamba wants New Zealand politician to stop playing ‘Tubthumping’ at rallies
▼ + stars: | 2024-04-03 | by ( Dhruv Tikekar | ) edition.cnn.com time to read: +8 min

But those headlines were soon eclipsed by Chumbawamba publicly condemning Peters’ use of its song. “Everything that Peters stands for is counter to Chumbawamba’s world view,” the band’s founding member and former vocalist, Dunstan Bruce, told CNN. Chumbawamba, which broke up in 2012, has asked its former record company, Sony Music Publishing, to issue a cease-and-desist letter to New Zealand First. In response to CNN’s request for comment, New Zealand First Party President Julian Paul said the party had nothing further to add. “As we rise, the dirt will start all over again,” he said during a party convention in July, according to a transcript published by New Zealand First.

Persons: Winston Peters strode, Peters, ” Peters, Chumbawamba, Dunstan Bruce, Winston Peters, Hagen Hopkins, ” Chumbawamba, “ Tubthumping, ”, Bruce, “, Peter Dungate, ” It’s, Eminem, Vivek Ramaswamy, Donald Trump, Rihanna, Pharrell Williams, Bruce Springsteen, Nigel Farage, Hutton Supancic, Julian Paul, Emmanuel Heisbourg, Heisbourg, “ tubthumping, You’re, — Peters, ‘ Organizations: CNN, New Zealand First, Labour, New, National, ACT, New Zealand, General Motors, Sony Music Publishing, APRA, NZ, New Zealand’s National Party, rapper’s, Republican, Independence Party, UKIP, Southwest, SXSW UKIP, University of Montreal Locations: Palmerston, British, Nazi Germany, New, New Zealand

But with Russian forces still inside the country and millions of Ukrainians displaced from their homes, fighting on the frontlines, or living overseas, there is no election in sight. Although Sunday is the day the constitution says Ukraine should be voting, it also does not allow it during wartime. He would have voted for Zelensky five years ago if he had had the chance and would vote for him now. Last August, President Zelensky was asked for his position in an interview on Ukrainian television and sounded sympathetic to holding a poll. As the United States Congress continues to dither over new military aid, elections in Ukraine became folded into the debate by some Republicans.

Persons: Volodymyr Zelensky, Zelensky, Viktor Yanukovych, Mykola Lyapin, Kateryna Bilokon, Yanukovych, ”, Jamie Oliver, ‘, ’, Oleksiy Koshel, Zelensky’s, Vivek Ramaswamy, Lindsey Graham, “, ” Zelenskiy, Valentyn Ogirenko, Graham, Ruslan Stefanchuk, ” Stefanchuk, disenfranchisement, Oleksandr Voitko, Valerii, Maria Kostenko, Victoria Butenko Organizations: CNN —, Republicans, Sunday, Putin, CNN, Zelensky, Kyiv International Institute of Sociology, Russia, United States Congress, Republican Party, South, 47th Brigade, “ Locations: Ukraine, Kyiv’s, Europe, United States, “, South Carolina, Kyiv, Russian, Avdiivka, Italy, Russia

☆ Donald Trump Jr. says he's lobbying his father to pick a 'fighter' like Tucker Carlson or Vivek Ramaswamy to be his running mate
▼ + stars: | 2024-03-30 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +1 min

Donald Trump Jr. said he is lobbying for his father to choose a "fighter" as his running mate. He said he is suggesting people like Tucker Carlson, Vivek Ramaswamy, and Sen. JD Vance. Donald Trump is still unsure about who will be his vice presidential pick, reports say. AdvertisementDonald Trump Jr. said he's lobbying his father to pick a "fighter" like Tucker Carlson or Vivek Ramaswamy to be his running mate. "What I want in that role is I want a fighter," Trump Jr. told The New York Post, "I understand what they are going to throw at us."

Persons: Donald Trump Jr, Tucker Carlson, Vivek Ramaswamy, Sen, JD Vance, Donald Trump, —, Trump Organizations: Service, New, Business Locations: New York

☆ American Families Look Different Now. Good.
▼ + stars: | 2024-03-28 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +15 min

In 1970, more than two-thirds of American adults between 25 and 49 lived with a spouse and at least one kid. For a society structured around the ideal of the nuclear family, its demise has left everyone wondering: What happens now? Without one partner focused on full-time housekeeping, the amount of work required to run a nuclear family isn't really feasible. It doesn't take much of a mental leap to see why capitalism and the nuclear family make for such cozy bedfellows. Coontz, a leading historian of the American family, notes that every family structure comes with its own set of distinct weaknesses, strengths, and possibilities.

Persons: Elon Musk, Vivek Ramaswamy, O'Brien, David Brooks, Moira Weigel, Brooks, Charles E, " O'Brien, Stephanie Coontz, Kristen Ghodsee, Ghodsee, coparenting, Mark Boster, Coontz, — Organizations: Pew Research, Elon, Labor, Getty, University of Pennsylvania, Brookings Institution, Pew, Los Angeles Times, Guardian Locations: The, California, Somerville , Massachusetts

☆ Snowflake is doubling down on data clean room tech as it forges deeper ties with the ad industry
▼ + stars: | 2024-03-28 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +6 min

"Our expectation in the next year is that people will be talking less about the tech and actually understand the value," of Snowflake's data clean room, Stratton said. The clean room space is competitive and marketers intend to spend more on the techUltimately a data clean room is only as valuable as the customers who share data within it — even when it's being offered for free. "Clean rooms are no longer competing against other clean rooms only," said Wayne Blodwell, the CEO of the programmatic advertising company Impact Media. AdvertisementThe global data clean room market has accelerated in the last two years. The report found that these companies, on average, spent $879,000 on data clean room tech in 2022.

Persons: —, influencers, Kamakshi Sivaramakrishnan, Samooha, AdExchanger, Sivaramakrishnan, Snowflake, Bill Stratton, Snowflake's, Time Warner, Stratton, it's, Wayne Blodwell, Sridhar Ramaswamy Organizations: Service, Business, Amazon Web Services, Microsoft, Snowflake Ventures, LinkedIn, Google, Time, Impact Media, Deloitte Digital Locations: Snowflake, Samooha

☆ Stocks making the biggest moves midday: RH, Reddit, Estée Lauder, AMC and more
▼ + stars: | 2024-03-28 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves midday. Estée Lauder — Shares jumped 6.28% after Bank of America upgraded them to buy from neutral. AMC Entertainment — Shares dropped 14.29% after the movie theater chain said in a filing it will sell $250 million worth of stock. Verint Systems — Shares added 6.63% after the customer engagement solutions provider surpassed fourth-quarter earnings per share and revenue expectations. Braze anticipates a loss of 10 cents to 11 cents per share for its first quarter, versus a 5 cents loss expected from analysts polled by FactSet.

Persons: Estée Lauder —, Steve Ladd Huffman, Jennifer Wong, Chemours, Sridhar Ramaswamy, FactSet, Synnex, TD Synnex, MillerKnoll, Braze, —, Alex Harring, Hakyung Kim, Pia Singh, Jason Kempin Organizations: Bank of America, New York Stock Exchange, AMC, Verint Systems, Apollo Global Management, FactSet, Allstate, HSBC, Getty

☆ Cloud software buyers are getting frugal, leading to slower growth at former highfliers
▼ + stars: | 2024-03-19 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

In 2020, as data analytics software vendor Snowflake was hitting the public market, one of the key stats it was touting to investors was net revenue retention. Snowflake's NRR at the time was 158%, meaning its existing customer base from a year earlier had increased its total spend by 58%. "More pressure on churn (as companies look to reduce point solutions in favor of platforms) and more difficult upsells have pushed net retention down," Ball added. Twilio , which sells cloud-based communications software, reported NRR of 102% in February, with just 5% year-over-year revenue growth. Almost all of Twilio's revenue comes from its division that contains technology for sending text messages and emails.

Persons: Snowflake, Chris Taylor, NRR, Wall, Snowflake's NRR, Aidan Viggiano, Mike Scarpelli, Sridhar Ramaswamy, Frank Slootman Organizations: New York Stock Exchange, NYSE, Nasdaq, Representatives Locations: Snowflake, U.S, Twilio

That same day, Mr. Trump’s campaign announced that the former president would appear alongside Mr. Moreno on Saturday in Dayton, widely interpreted as a sign that Mr. Moreno could benefit from an 11th-hour boost. Simultaneously, Mr. Moreno and his backers have portrayed Mr. Dolan as not sufficiently supportive of Mr. Trump. After Mr. Trump overwhelmingly won the former battleground state in 2016 and 2020, Ohioans sent J.D. Image Mr. Moreno has been endorsed by, and campaigned with, several Republicans with ties to Mr. Trump, including Gov. Mr. LaRose and Mr. Moreno have banded together to attack Mr. Dolan as disloyal to Mr. Trump, while both Mr. Dolan and Mr. LaRose have accused Mr. Moreno of shifting his views on everything from gun control to Mr. Trump himself.

Persons: Donald J, Trump’s, Bernie Moreno, Sherrod Brown, Moreno, Matt Dolan, Frank LaRose, Dolan, Mike DeWine, Rob Portman, LaRose, Mr, Trump, Donald Trump, ”, Ryan Stubenrauch, DeWine, Portman, Brown, Ohioans, J.D, Vance, Biden, Moreno’s, “, Mitch McConnell, McConnell, Donald Trump Jr, ” Mr, ” Reagan McCarthy, won’t, Jim Renacci, “ Trump, Katie Smith, they’ll, Kristi Noem, Vivek Ramaswamy, Vance of Ohio, —, Noem, Donald Trump isn’t, Mitzi Baird, ” Ms, Baird, Michael C, Bender Organizations: Republican, Republicans, Democrat, Senate, Mr, Democratic, Cleveland Guardians, Trump, Republican Party —, National Republican Senatorial Committee, Ohio Democratic Party, U.S . Army, Washington , D.C, ”, Lincoln Locations: Ohio, Dayton, Arizona, Cleveland, Washington, G.O.P, battlegrounds, Pennsylvania, Georgia, South Dakota, Cincinnati, Washington ,, Columbus, Elyria, Vermilion

☆ Pence Says He Won’t Endorse Trump, but Won’t Vote for Biden Either
▼ + stars: | 2024-03-15 | by ( Neil Vigdor | More About Neil Vigdor | ) www.nytimes.com time to read: 1 min

Mike Pence, Donald J. Trump’s former vice president, indicated on Friday that he would not be falling into line behind the presumptive Republican presidential nominee, as some of Mr. Trump’s other previous rivals including Ron DeSantis, Vivek Ramaswamy and Tim Scott did. When asked whether he would endorse Mr. Trump now that the former president had clinched the party’s nomination, Mr. Pence said on Fox News that he “could not in good conscience” support him. “It should come as no surprise that I will not be endorsing Donald Trump this year,” he told Martha MacCallum on her talk show “The Story.”The former vice president declined to say whether he would vote for Mr. Trump in the November election, but answered, “I would never vote for Joe Biden.” He also ruled out running as a third-party or independent candidate for president, saying he remained a Republican.

Persons: Mike Pence, Donald J, Trump’s, Ron DeSantis, Vivek Ramaswamy, Tim Scott, Trump, Pence, Donald Trump, ”, Martha MacCallum, “, Joe Biden Organizations: Fox News, Mr, Republican

☆ Kristi Noem faces lawsuit and toothy questions over her viral endorsement of Texas dentists
▼ + stars: | 2024-03-13 | by ( Gregory Krieg | ) edition.cnn.com time to read: +5 min

Noem is also facing a new lawsuit, filed by the consumer advocacy group Travelers United, accusing Noem of doing an “undisclosed advertisement” for Smile Texas. Rick Kline and Bret Davis, a pair of dentists at Smile Texas, have, according to federal records, donated to Republican candidates and, in Kline’s case, the Texas state GOP. Davis, in a post to the Smile Texas Instagram account, used some of the video of Noem and wrote, “This gracious leading lady @kristinoem just received an executive, feminine, beautiful smile here at Smile Texas.” Neither is on record donating to Noem. For all the fuzziness, at least one thing is clear: the South Dakota governor is delighted with the results. When the Smile Texas team showed Noem her new grill, the governor says, she began to cry.

Persons: Kristi Noem, Donald Trump’s, Noem, Drs, Rick Kline, Bret Davis, Davis, @kristinoem, ” Noem, Benjamin Yoho, Vivek Ramaswamy’s, “ you’ll, Dennis Daugaard, CNN’s Virginia Langmaid, Chris Boyette, Andi Babineau Organizations: CNN —, Smile, Travelers United, Smile Texas, Republican, GOP, Texas, South, CNN, Mount, Mount Rushmore State Locations: South Dakota, Houston, Texas, Smile, Dakota, Ohio, Mount Rushmore

☆ Trump clinches delegate majority for GOP presidential nomination, setting up Biden rematch
▼ + stars: | 2024-03-13 | by ( Ben Kamisar | ) www.cnbc.com time to read: +3 min

Former US President and Republican presidential hopeful Donald Trump arrives for a "Commit to Caucus" rally in Clinton, Iowa, on January 6, 2024. Former President Donald Trump has secured enough delegates to seal the Republican presidential nomination, NBC News projects, setting up a 2024 rematch with President Joe Biden, who clinched the Democratic nomination earlier Tuesday night. Trump came into Tuesday's contests in Georgia, Hawaii, Mississippi and Washington as the presumptive nominee after vanquishing all his primary opponents, while Biden faced little opposition in his primary. While Biden ran virtually unopposed on the Democratic side, Trump steamrolled through a Republican primary that included a handful of prominent politicians. He won all but two contests (Vermont and Washington, D.C.) through Tuesday and retained his grip on the Republican primary electorate in the process.

Persons: Donald Trump, Joe Biden, Trump, vanquishing, Biden, Nikki Haley, Trump's, Chris Christie, Asa Hutchinson, Will Hurd —, Ron DeSantis, Vivek Ramaswamy —, Mike Pence, Haley, DeSantis Organizations: NBC News, Democratic, Former United Nations, Republican, Trump, D.C, New, New Jersey Gov, Arkansas Gov, Texas Rep, Florida Gov Locations: Clinton , Iowa, Georgia, Hawaii , Mississippi, Washington, Milwaukee, Vermont, New Jersey, Arkansas, Florida, Trump

Here’s everything you need to know about the one caucus and five primaries on deck. The state has the largest delegates prize among Tuesday’s contests, with 108 pledged Democratic delegates at stake and 59 for Republicans. 21 in the most recent U.S. News Best States rankings, which assesses the performance of states for their residents. On the Democratic side, there are 35 pledged Democratic delegates up for grabs. ET and there are six Democratic delegates at stake, according to the AP.

Persons: It’s, Joe Biden, Donald Trump, –, Biden, Marianne Williamson, “, ” Trump, Nikki Haley, Williamson, Dean Phillips, Minnesota, David Stuckenberg, GOP Caucus Trump, Haley, Trump, Ron DeSantis, Vivek Ramaswamy, Phillips, DeSantis, Ramaswamy, Chris Christie, Jason Palmer Organizations: GOP, Trump, Aloha State’s Democratic, U.S, United, Democratic, Republican, Associated Press, Republicans, Minnesota –, U.S . Census, Best, Georgia, News, GOP Caucus, GOP Caucus Trump –, AP, Hawaiian Republican Party, Republican National Convention, Aloha State, Florida Gov, Magnolia State, Washington, New, New Jersey Gov, Evergreen State, U.S . News, Northern, Democrats, Super Locations: Georgia, Hawaii , Mississippi, Washington, Northern Mariana, Hawaii, Stake, Trump , Florida, U.S, Mississippi, Florida, New Jersey, America, Northern Mariana Islands, United States, Marianas, Baltimore, American Samoa

☆ Biden says he'll ban TikTok if Congress passes bill, but he's campaigning on it until then
▼ + stars: | 2024-03-08 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +10 min

Nathan Howard | ReutersSince Biden's playful intro post, his campaign's TikTok account has notched over 222,000 followers and over 2.4 million likes. The Biden campaign didn't immediately respond to a request for comment. On the app, users were greeted with a screenshot warning them that Congress was "planning a total ban of TikTok." TikTok goes to WashingtonU.S. political campaigns more broadly are trying to figure out how best to utilize TikTok. Last April, for instance, the White House said it was enlisting a squad of volunteer TikTok and Instagram influencers to help spread awareness of the Biden campaign.

Persons: Jaap Arriens, Joe Biden, TikTok, Maggie Macdonald, Biden, Kansas City Chiefs —, Macdonald, China's ByteDance, Troy Balderson, Shou Zi Chew, Nathan Howard, Donald Trump, Aaron Earls, Biden's, Karine Jean, Pierre, didn't, influencers, it's, Kennedy, Earls, Marilyn Monroe, Joe DiMaggio, Anupam Chander, —, Vivek Ramaswamy, wouldn't, We've, we'll, Anish Mohanty, Mohanty, that's Organizations: Nurphoto, Kansas City Chiefs, University of Kentucky, Washington , D.C, U.S, Chinese Communist Party, CCP, CNBC, U.S . Capitol, Reuters, Republican, Democratic, Senate, White, Biden, Washington U.S, Facebook, Democratic National Committee, Climate Power, Georgetown University Law Center, Congress, Trump, TikTok, Republican Party Locations: Australia, Singapore, Mexico, Washington ,, U.S, Ohio, Washington , U.S, Washington, China, Gaza

☆ Nikki Haley to exit GOP presidential race Wednesday
▼ + stars: | 2024-03-06 | by ( Kylie Atwood | Arit John | ) edition.cnn.com time to read: +12 min

Nikki Haley will announce Wednesday that she is exiting the Republican presidential race, according to sources familiar with her plans, clearing the path for former President Donald Trump. Still, in her campaign, Haley became the first Republican woman to win two primary contests: Vermont and the District of Columbia. Former 2024 candidates, including biotech entrepreneur Vivek Ramaswamy, South Carolina Sen. Tim Scott and North Dakota Gov. At the time, Haley was seen as a rising GOP star and potential vice presidential pick in 2012 and 2016. Haley spent six years as governor of South Carolina before becoming Trump’s ambassador to the United Nations in 2017.

Persons: Nikki Haley, Donald Trump, Haley, Trump, Joe Biden, Biden, “, ” Trump, Vivek Ramaswamy, South Carolina Sen, Tim Scott, Doug Burgum, Ron DeSantis, Asa Hutchinson, Chris Christie, Chris Sununu, ” Haley, Republicans –, Charles Koch’s, Sununu, beholden, DeSantis, wasn’t, ”, Ramaswamy, he’s, Haley wasn’t, Barack Obama, Nimarata – Nikki, Nancy Pelosi, MAGA, Barack Obama’s, Haley’s, Mother Emanuel, ‘, ’, CNN’s Eric Bradner, Ebony Davis Organizations: CNN, Former South Carolina Gov, Republican, United Nations, GOP, Trump, Democratic, District of Columbia, Republican Party, North Dakota Gov, New, Florida Gov, Arkansas Gov, New Jersey Gov, Fox News, eventual, Republicans, White, Mother, Mother Emanuel AME, Confederate, statehouse, UN, Boeing, Associated Press Locations: Charleston , South Carolina, South Carolina, Nevada, Vermont, Iowa, New Hampshire, Arkansas, New Jersey, China, Granite State, United States, Lexington County , South Carolina

☆ Nikki Haley is dropping out of the 2024 presidential race, reports say
▼ + stars: | 2024-03-06 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

Read previewAfter a series of second-place finishes on Super Tuesday, Republican former UN Ambassador Nikki Haley seems poised to end her presidential campaign. Her dropping out of the race would leave former President Donald Trump the only remaining major candidate in the running to obtain the GOP nomination. Hayley had a relatively poor showing on Super Tuesday itself, losing to Trump in 14 of the 15 voting states. Earlier in the race, Haley's best bet to win the nomination was outlasting Trump in the hope he'd drop out of the race amid his slew of ongoing legal issues. A more likely pick, as Trump himself previously suggested, would be Sen. Tim Scott, Vivek Ramaswamy, or South Dakota Gov.

Persons: —, Nikki Haley, Donald Trump, Hayley, Haley, Trump, we're, outlasting Trump, she's, Sen, Tim Scott, Vivek Ramaswamy, Kristi Noem Organizations: Service, Republican, Street Journal, CNN, NBC, Business, Trump, Super, Republican National Committee, South Dakota Gov Locations: Vermont, South Carolina, New, New Hampshire

☆ It's a presidential rematch, but the biggest talking points will be a lot different this time around
▼ + stars: | 2024-03-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Former President Donald Trump has all but secured a rematch with President Joe Biden in November's election after a dominating performance on Super Tuesday. These days, the biggest themes heading into the election range from the personal lives of both candidates to major geopolitical issues. Trump's vice president: Trump's running mate remains a question mark, with plenty of options . Swift backed Biden in 2020 but didn't endorse either candidate when she told her fans to vote on Super Tuesday .

Persons: —, Nikki Haley, that's, we've, Chip Somodevilla, Scott Eisen, Donald Trump, Joe Biden, Biden, Trump, Brendan Smialowski, he's, Daniels, Trump's, Sen, Tim Scott of, Vivek Ramaswamy, Kristi Noem, Taylor, Swift, Robert Alexander, Jenny Chang, Rodriguez, Alyssa Powell, Elon Musk, Musk, execs, Roy Rochlin, Bob Iger, It's, Campbell, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Street, Business, Democratic, Trump, NFL, Getty, Musk, Microsoft, Disney, Apple, Vision, Campbell Soup Company Locations: Vermont, Tim Scott of South Carolina, South Dakota, Gaza, Ukraine, Washington, China, Trump, New York, London

☆ Elon Musk says he's not donating money to Trump. Does that settle it?
▼ + stars: | 2024-03-06 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Read previewNews that Elon Musk met with Donald Trump on Sunday raised the obvious question: Is Trump, who needs money, going to get some from one of the world's richest men? Absolutely not, says Elon Musk on Wednesday:That settles that. Just to be super clear, I am not donating money to either candidate for US President This story is available exclusively to Business Insider subscribers. In 2022, Elon Musk said he was acquiring Twitter shares as a "passive" investor — and then bought the whole company. Or maybe Musk thinks he's crafted a clever tweet about "not donating money to either candidate for US President," and what he really means is he is "not donating RIGHT NOW."

Persons: —, Elon Musk, Donald Trump, Trump, he's, Teddy Schleifer, Puck, Schleifer, Vivek Ramaswamy's, Musk, Elon, …, doesn't Organizations: Service, Elon, US, Business, Twitter, Trump, Trump PAC, Nope Locations: Silicon Valley

☆ The tech CEO who quietly built a bigger fortune than Tim Cook
▼ + stars: | 2024-03-04 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +2 min

Former Snowflake CEO Frank Slootman has achieved vast wealth as a non-founding tech exec. Bloomberg pegs his net worth at $3.7 billion — higher than both Tim Cook and Satya Nadella. NEW LOOK 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 . AdvertisementThe wildly successful and outspoken tech executive who just stepped down as CEO of Snowflake may not be as well-known as Apple's Tim Cook or Microsoft's Satya Nadella — but he's wealthier than both.

Persons: Frank Slootman, Tim Cook, Satya Nadella, He's, —, Nadella, Cook, Slootman, Snowflake, Peter Thiel, Elon Musk, Palmer, Katie Warren, Sridhar Ramaswamy Organizations: Snowflake, Bloomberg, Service, ServiceNow Inc, Data, Google Locations: Netherlands

☆ Snowflake shares drop 20% on CEO's retirement, weak guidance
▼ + stars: | 2024-02-29 | by ( Alex Koller | ) www.cnbc.com time to read: +2 min

Snowflake said its first-quarter product revenue will total between $745 million and $750 million, compared to analysts' estimates of $759 million, per StreetAccount. The company said adjusted operation margin in the first quarter will be 3%, below the 7.2% analysts expected. mitigate C-suite uncertainty," the analysts wrote to investors in a Thursday memo. The company shut down its product and was acquired by Snowflake for $185 million last year. Before Slootman's tenure, Snowflake was helmed by former Microsoft executive Bob Muglia until his sudden ousting in April 2019.

Persons: Snowflake, Frank Slootman, Sridhar Ramaswamy, Slootman, Morgan Stanley, Ramaswamy, Bob Muglia, — CNBC's Michael Bloom, Jonathan Vanian Organizations: Google, Macquarie Equity Research, Microsoft, CNBC PRO Locations: Snowflake

☆ Snowflake's Slootman says he's not worried about employee exodus: 'This is not a personal cult'
▼ + stars: | 2024-02-29 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

While the announcement caused consternation on Wall Street, Slootman told CNBC that he's not worried about a wave of Snowflake employees following him out the door. Slootman, 65, is being succeeded by former Google ad chief Sridhar Ramaswamy, who joined Snowflake in June via the company's $185 million purchase of Neeva, a startup Ramaswamy co-founded in 2019. Snowflake was the third enterprise technology company that Slootman shepherded through the IPO process, following Data Domain in 2007 and ServiceNow in 2012. Before joining Snowflake, Slootman spent about six years as CEO of ServiceNow . ServiceNow's workforce stood at 23,668 by the end of 2023, compared with 603 in December 2011, months after Slootman had joined, according to regulatory filings.

Persons: Frank Slootman's, Slootman's, Slootman, he's, Sridhar Ramaswamy, Snowflake, ServiceNow, —, There's, George Floyd, Steve Jobs Organizations: Snowflake, New York Stock Exchange, Mizuho Securities, CNBC, Google Locations: ServiceNow, Snowflake, America

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