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☆ As India heads to the polls, the pros name 8 top stocks to buy
▼ + stars: | 2024-04-19 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +6 min

"The stars have aligned for India in terms of demographics, population and market movements. Peeyush Mittal, portfolio manager at Matthews Asia, agrees with the consensus that Modi will win a majority once again — which would be a "non-event" for markets. Conrad Saldanha, portfolio manager at the Neuberger Berman Emerging Markets Equity Fund, agrees. Among the companies on his watch are power equipment player Bharat Heavy Electricals and engineering conglomerate Thermax , amid an expected expansion in power generation capacity. According to FactSet data, 24 of the 26 analysts covering the stock have a buy or overweight rating on it.

Persons: Narendra Modi, Neil Bahal, Peeyush Mittal, Modi, Mittal, Conrad Saldanha, Neuberger Berman, Bharat, Neuberger Berman's Saldanha, Saldanha Organizations: South, Bombay Stock Exchange, CNBC Pro, —, Matthews Asia, Reserve Bank of, India Fund, Neuberger, Markets Equity Fund, Cummins India, Investor, Bharat Electronics, ICICI, HDFC, IndusInd Bank, Apollo Locations: Hong Kong, India, Reserve Bank of India, Saldanha

☆ Long-shot Biden challenger Phillips won't run again for House
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Reba Saldanha/File Photo Acquire Licensing RightsNov 24 (Reuters) - U.S. Representative Dean Phillips of Minnesota, a long-shot challenger to President Joe Biden for the Democratic presidential nomination, on Friday said he would not run for reelection. The 54-year-old millionaire businessman and three-term congressman last month said he would run against Biden, seizing on the president's lackluster approval ratings and voter wariness over his age. The post linked to an interview in the Minnesota Star Tribune paper, in which he explained his move. Phillips, who first won his seat in 2018 and won reelection in 2020 and 2022, said it would be "unproductive and uncomfortable" to run again, given his nomination bid. Phillips is unlikely to affect Biden's chance of securing the party's nomination, given the incumbent's deep resources, official party support and reshaping of the party's nominating contest calendar to help fend off any early challengers.

Persons: Dean Phillips, Reba Saldanha, Joe Biden, Phillips, Donald Trump, David Ljunggren, Marguerita Choy Organizations: Democratic, U.S, statehouse, REUTERS, Dean Phillips of, Biden, Minnesota Star Tribune, Republican, Thomson Locations: Concord , New Hampshire, U.S, Dean Phillips of Minnesota

☆ And Biden Won’t Even Take His Calls
▼ + stars: | 2023-11-15 | by ( James Freeman | ) www.wsj.com time to read: +1 min

U.S. Representative Dean Phillips (D., Minn.) greets supporters outside the statehouse in Concord, New Hampshire last month after filing the paperwork to put his name on the state’s presidential primary ballot. Photo: reba saldanha/ReutersPresident Joe Biden and his allies have been treating presidential nomination challenger Rep. Dean Phillips (D., Minn.) like a nobody—or worse. Now Mr. Phillips is looking less like a man trying to make a polite point and more like a guy who wants to win this thing. While the Democratic Party’s prominent governors and senators have still not chosen to challenge Mr. Biden, the White House may already understand that the relatively obscure man from the Land of 10,000 Lakes could be a formidable opponent. Mr. Phillips at first tried running a nice respectful campaign claiming that Mr. Biden has been a successful president but is just not the right candidate for 2024.

Persons: Dean Phillips, reba saldanha, Joe Biden, Phillips, Mr, Biden Organizations: statehouse, Democratic Locations: Minn, Concord , New Hampshire

"I seeded my campaign with capital because I had to," Phillips, 54, told Reuters in an interview on the sidelines of an event at Manny's, a meeting space in San Francisco. "I will be in Los Angeles and San Francisco, and I'll be going to New York and Chicago, and Miami and larger cities to raise resources and campaign," Phillips said. Phillips said he did not know exactly how much he had raised since launching his campaign. "I think Joe Biden is a good man but he's been doing this for 50 years," Phillips told a crowd of several dozen in San Francisco. (This story has been refiled to clarify that the loan is for Dean Phillips' campaign in paragraph 1)Reporting By Alexandra Ulmer; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Dean Phillips, Reba Saldanha, Joe Biden, " Phillips, Phillips, Biden, Donald Trump, he's, Alexandra Ulmer, Leslie Adler Organizations: Democratic, U.S, statehouse, REUTERS, Thursday, Reuters, Republican, Thomson Locations: Concord , New Hampshire, U.S, San Francisco, Minnesota, Los Angeles, New York, Chicago, Miami

☆ Mike Pence Drops Out of 2024 Republican Presidential Race
▼ + stars: | 2023-10-28 | by ( Alex Leary | John Mccormick | ) www.wsj.com time to read: 1 min

Former Vice President Mike Pence said he’s exiting the presidential race but that he ‘will never leave the fight for conservative values.’ Photo: Reba Saldanha/Associated PressFormer Vice President Mike Pence withdrew from the Republican presidential race Saturday, saying “this is not my time” after he struggled to gain traction in a crowded field dominated by former President Donald Trump. “I’m leaving this campaign but let me promise you I will never leave the fight for conservative values,” Pence said during a speech before the Republican Jewish Coalition in Las Vegas.

Persons: Mike Pence, he’s, Reba Saldanha, Donald Trump, ” Pence Organizations: Associated Press Former, Republican, Republican Jewish Coalition Locations: Las Vegas

☆ Why Dean Phillips Is Taking On Joe Biden
▼ + stars: | 2023-10-28 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Democratic presidential candidate U.S. Representative Dean Phillips (D-Minn.) speaks after filing the paperwork to put his name on the ballot in Concord, N.H. on Friday. Photo: reba saldanha/ReutersPresident Biden is only weeks shy of turning 81 years old, most of the public thinks he shouldn’t run for a second term, and the polls suggest he might lose next year to Donald Trump. Yet Mr. Biden has been running for the Democratic nomination all but unopposed—at least until Friday. That’s when Dean Phillips filed paperwork in New Hampshire to challenge Mr. Biden, and give the 54-year-old Minnesota Congressman credit for daring to tell Democratic voters the hard political truth that bigger party names duck.

Persons: Dean Phillips, reba saldanha, Biden, Donald Trump, —, That’s, Mr Organizations: Democratic, U.S, Reuters Locations: Concord, N.H, New Hampshire, Minnesota

☆ Unilever's new CEO lays out plans to simplify business, shares fall
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +3 min

Klondike, a brand of Unilever, is seen on display in a store in Manhattan, New York City, U.S., March 24, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsLONDON, Oct 26 (Reuters) - Unilever's (ULVR.L) new chief executive Hein Schumacher on Thursday laid out long-awaited plans to simplify the business after admitting it had underperformed in recent years, but shares fell as some investors were unimpressed. Unilever reported a 5.2% rise in underlying sales, meeting analysts' average forecast, a company-provided consensus showed. Underlying price growth for the third quarter was 5.8% while underlying volumes were down 0.6%. The company also announced a senior executive shake-up, naming Fernando Fernandez, currently president of the beauty and wellbeing business, as its new chief financial officer.

Persons: Andrew Kelly, Hein Schumacher, Schumacher, Richard Saldanha, Alan Jope, Nelson Peltz, we've, Graeme Pitkethly, Fernando Fernandez, Richa Naidu, Mark Potter, Jason Neely Organizations: Unilever, REUTERS, Aviva, Thomson Locations: Manhattan , New York City, U.S, Europe

A 0.25 mg injection pen of Novo Nordisk's weight-loss drug Wegovy is shown in this photo illustration in Oslo, Norway, September 1, 2023. REUTERS/Victoria Klesty/Illustration/File Photo Acquire Licensing RightsLONDON/NEW YORK, Oct 23 (Reuters) - The growth in demand for appetite suppressing anti-obesity drugs like Novo Nordisk's (NOVOb.CO) Wegovy presents opportunities for food manufacturers and the market's initially downbeat reaction may be overdone, investors say. Still, the stock market impact left some food manufacturers "trembling," said John Plassard, senior investment specialist at Nestle investor Mirabaud Group. The uptake in appetite suppressing drugs seems to be a U.S.-led dynamic, said My Nguyen, research analyst at Legal & General Investment Management America. "Elsewhere, trends such as wealthier, more mobile middle classes in emerging countries can support shifts towards snacking and convenience foods."

Persons: Victoria Klesty, Richard Saldanha, Wegovy, Kiran Aziz, Mark Schneider, John Plassard, Brian Frank, Frank, Nguyen, Richa Naidu, Matt Scuffham, Kirsten Donovan Organizations: REUTERS, Walmart, Nestle, Aviva, Novo Nordisk, EY, Industry, Health Sciences, Wellness, Mirabaud, Tyson Foods, Arcos Dorados, Legal, General Investment Management America, Germany's, Investments, Unilever, Coca Cola, Thomson Locations: Oslo, Norway, Victoria, United States, Denmark, Germany, Arda, Ural, U.S

Real internal growth (RIG) - or a measure of sales volumes - fell 0.6%, meeting expectations. "The ultimate catalyst for the stock's multiple to improve is going to be seeing that volume number going positive." Analysts had on average expected organic sales growth of 8.1%. Nestle confirmed its full-year outlook of organic sales growth between 7% and 8% and underlying trading operating profit margin between 17.0% and 17.5%. The drug's popularity has prompted concerns in the consumer and retail industry over whether food sales will be impacted.

Persons: Denis Balibouse, Nestle, Mark Schneider, Schneider, Richard Saldanha, Maggi, Novo, Richa Naidu, Christopher Cushing, Jason Neely Organizations: Nestle, REUTERS, Gillette, Aviva, Novo Nordisk's, Walmart, Thomson Locations: Romont, Switzerland, Ukraine

Sept 20 (Reuters) - Consumer goods firms like Nestle (NESN.S), Lindt (LISN.S) and Unilever (ULVR.L) may face increased pressure across Europe to cut prices after being singled out by French retailers and politicians, industry experts say. France is a crucial country for consumer goods companies, having long outstripped Germany, Italy, Spain and others as the European Union's biggest market for groceries by supermarket revenues, according to research firm IBISWorld. That means consumer groups will face pressure to rein back prices across the European Union. Because these supermarkets are in different countries and do not compete with one another, they often combine forces to negotiate with consumer goods makers. Consumer goods makers have for more than two years grappled with sky-rocketing input, supply chain and labour costs that they have either absorbed - taking a hit to margins - or passed on to retailers.

Persons: It's, Laurent Thoumine, Thoumine, Ferrero's, Pernod Ricard's Ricard, Systeme, Germany's, Switzerland's, Italy's, Philippe Michaud, Leclerc, Bruno Le Maire, Le Maire, Richard Saldanha, Lindt, Saldanha, Richa Naidu, Helen Reid, Matt Scuffham, Catherine Evans Organizations: Consumer, Nestle, Unilever, Carrefour, PepsiCo, European, Reuters, European Union, Epic Partners, French Finance, Aviva Investors, Paris, Thomson Locations: Europe, France, Germany, Italy, Spain, Eurelec

Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally in Windham, New Hampshire, U.S., Aug. 8, 2023. REUTERS/Reba Saldanha/File Photo Acquire Licensing RightsSept 13 (Reuters) - Former U.S. President Donald Trump and his lawyers may only review classified evidence in a secure place as he prepares for a criminal trial over his handling of secret documents after he left office in 2021, a judge ruled on Wednesday. Wednesday's ruling by U.S. District Judge Aileen Cannon in Florida is a win for prosecutors, who said it would be inappropriate for Trump to be able to review classified documents at the very location where he is accused of illegally and haphazardly storing them. The order requires Trump and his lawyers to review and discuss all classified evidence in what is known as a sensitive compartmented information facility, or SCIF. Trump has pleaded not guilty and denied the charges, along with his co-defendants Walt Nauta and Carlos De Oliveira.

Persons: Donald Trump, Reba Saldanha, Aileen Cannon, Trump, Walt Nauta, Carlos De Oliveira, Joe Biden, Jack Queen, Rami Ayyub, Paul Grant, Susan Heavey, Grant McCool, Howard Goller Organizations: U.S, Republican, REUTERS, Former U.S, Trump, Washington , D.C, Democratic, White, Thomson Locations: Windham , New Hampshire, U.S, Former, Lago, Palm Beach , Florida, Florida, Washington ,, Georgia, New York

Former U.S. President and Republican presidential candidate Donald Trump smiles during a campaign rally in Windham, New Hampshire, U.S., August 8, 2023. Woodward currently represents Walt Nauta, one of the two Trump employees also charged in the documents case, in addition to having previously represented the IT head, who is not named in Wednesday's filing. But he suggested in Wednesday's filing that prosecutors' handling of the IT manager's testimony was improper. Prosecutors have charged Trump, Nauta and a third Mar-a-Lago employee, Carlos De Oliveira, with trying to thwart government efforts to retrieve sensitive documents taken to the Florida resort after Trump left office. Prosecutors said in an August court filing that the witness initially denied any knowledge of obstruction.

Persons: Donald Trump, Reba Saldanha, Jack Smith’s, Stanley Woodward, Woodward, Walt Nauta, Aileen Cannon, Trump, Joe Biden, Yuscil Taveras, Nauta, Taveras, Carlos De Oliveira, Prosecutors, Andrew Goudsward, Scott Malone, Andrea Ricci Organizations: U.S, Republican, REUTERS, Rights, Trump's, Walt, Trump, IT, Prosecutors, Democratic, Politico, CNN, Thomson Locations: Windham , New Hampshire, U.S, Lago Florida, Florida

☆ Disney's wildest ride: Iger, Chapek and the making of an epic succession mess
▼ + stars: | 2023-09-06 | by ( Alex Sherman | ) www.cnbc.com time to read: +88 min

Iger told Chapek that he lived for those "two-shower days," according to people familiar with the conversation. In January 2020, Iger told Chapek the plan was back on. During his 27 years at the company, Chapek had only attended one annual meeting — as a guest in the audience. Bob Iger, Disney CEO, during a CNBC interview, Feb. 9, 2023. WATCH: Disney CEO Bob Iger's exclusive July 2023 CNBC interviewTake the 'A'During Chapek's tenure as CEO, Disney lost more than a quarter of its market value.

Persons: Elham, Bob Iger, Bob Chapek, Iger, wasn't, Chapek, Michael Eisner, —, who's, he's, Clint Eastwood, Eastwood, Arthur Bochner, Jackie Hart, Kareem Daniel, Chapek —, Eisner, Michael Ovitz, Ovitz, Bob, Disney's, Kevin Mayer, Mayer, Bryan van der Beek, he'd, Tom Staggs, Staggs, Staggs —, Steve Jobs, cajoled Ike Perlmutter, George Lucas, Rupert Murdoch, Iger's, Susan Arnold, Arnold, Peter Rice, David Paul Morris, Rice, CNBC's Julia Boorstin, Mark Parker, Mary Barra, Michael Froman, Willow, Parker, John Donahoe, Roy Disney, Walt Disney, Stanley Gold, David A, CNBC Eisner, Big Bob, Little Bob, Christine McCarthy, Patrick T, He'd, McCarthy, Iger —, Coronavirus, Gavin Newsom, Michael Kovac, curtly, Nancy Pelosi, Chuck Schumer, Ben Smith, Smith, Disney, Randy Shropshire, Agnes Chu, Ricky Strauss, Chu, Strauss, Kevin Feige, Kathleen Kennedy, Who's, Alan Bergman, Bergman, Bob Kyncl, Daniel —, Iger didn't, Daniel rankled, Daniel, Chapek didn't, James Pitaro, Jesse Grant, CNBC Chapek, Jimmy Pitaro, Zenia Mucha, didn't, Mucha, Barbara Walters, Charles Eshelman, Scarlett Johansson, Scarlett Johansson —, Florence Pugh, Natasha, Yelena, " Johansson, Bryan Lourd, Johansson, Lourd, Steven Spielberg, Al Michaels, David Muir, Robin Roberts, Michael Strahan, Spielberg, Geoff Morrell, Alan Braverman, Alan Horn, Jayne Parker, Bochner, Claire Lee, Paul Richardson, Josh D'Amaro, Ron DeSantis, Morrell, Disney Animation —, George Floyd, Reba Saldanha, Reuters Chapek, DeSantis, Nicholas Maldonado, Octavio Jones, Chapek she'd, we're, " Morrell, CNN's Chris Wallace, Kristina Schake, John Skipper, Daniel steamrolled, Latondra Newton, Newton, Charles Krupa, Pitaro, NBCUniversal's Peacock, Dana Walden, Thomas Murphy, Josh Kushner, Privately, Schake, Barack Obama, Michelle Obama, Michelle Obama's, David Dee Delgado, Kara Swisher, hadn't, Netflix's, overhiring, McCarthy hadn't, Safra Catz, Kareem, DMED, Horacio Gutierrez, Justin Warbrooke, Alexia Quadrani, Bryan Castellani, Michael Buckner, Quadrani, Lindsay Lohan, Winnie, Nelson Peltz, Catz, Donald Trump's, they'd, Walden, Gutierrez, D'Amaro, Rich Polk, Walden he'd, Iger she'd, Mickey Mouse, Mark Rightmire, haven't, Indiana Jones, Halle Bailey, Ariel, Hamilton Faber, Rich Greenfield, Bob Iger's, — Mayer, McCarthy —, doesn't, they'll Organizations: Disney, Marvel, CNBC, Bloomberg, Getty, Walt Disney, Indiana University, Michigan State University, Shanghai Disney, Man, Hong Kong Disneyland, Walt Disney Parks, Resorts, Pixar, Fox, Chapek, Nike, General, Mastercard, Foreign Relations, University of Pennsylvania, Grogan, Disney's, Fallon, ABC, ESPN, ABC News, California Gov, New York Times, Disney confidants, Hollywood, Marvel Studios, Lucasfilm, Walt Disney Television, Walt Disney Studios, Hulu, HBO Max, Walt Disney Company, YouTube, Companies, Netflix, Apple, Disney Media, Entertainment, Stanford, Rights, Junior, petulant, Filmmagic, Brunswick Group, Covid, CAA, onetime Defense Department, Century Fox, Human, Florida Gov, Republican, Disney Animation, Reuters, Human Rights, HRC, Walt Disney World, Employees, American Foundation for Equal Rights, AP, Amazon Prime, Paramount, South Pacific, Capital Cities, Dow Jones, CVS, Kingdom, Variety, Trian Partners, Charter Communications, U.S, Comcast, Charter's, MediaNews, Orange, Allen, Co, Candle Media, Advisors Locations: Burbank , California, Midwestern, Brentwood, Los Angeles, Westlake Village, Iger, Hammond , Indiana, Shanghai, China, Hong, Fox, Willow Bay, Raleigh , North Carolina, Orlando, U.S, Hulu, Iger's Brentwood, coronavirus, Brunswick, Hollywood, Hawaii, Disney's, Marvel's, Anaheim , California, Montana, Florida, Rye , New Hampshire, Chapek, Hong Kong, California, missteps, South, DMED, Burbank, New York, India, Atlantic, Sun Valley , Idaho, America

☆ Trump's legal woes mean a brief stop in Atlanta jail
▼ + stars: | 2023-08-24 | by ( Jack Queen | ) www.reuters.com time to read: +4 min

Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally in Windham, New Hampshire, U.S., August 8, 2023. “It’s fair to say the standard protocols are not all going to be followed,” said former Secret Service agent and risk consultant Jonathan Wackrow. “But this is a former U.S. president who is under constant secret service protection. Trump supporters were expected to gather outside the jail in sweltering heat alongside a small army of reporters. A flier circulating online promised a peaceful demonstration at the jail situated off a quiet, tree-lined residential street in central Atlanta.

Persons: Donald Trump, Reba Saldanha, ” Trump, “, ”, Jonathan Wackrow, Trump, Hillary Clinton, Fulton County Sheriff Pat Labat, Fani Willis ’, TRUMP, I’d, Jack Queen, Noeleen Walder, Howard Goller Organizations: U.S, Republican, REUTERS, Rights, Secret Service, Reuters, U.S . Department of Justice, Sheriff's, Trump, Washington , D.C, Fulton County Sheriff, Thomson Locations: Windham , New Hampshire, U.S, Georgia, Fulton, Atlanta , Georgia, Fulton County, America, “, Atlanta, Washington ,, Florida, New York

☆ Ukraine war divides Republicans heading into first GOP debate
▼ + stars: | 2023-08-23 | by ( Amanda Macias | ) www.cnbc.com time to read: +12 min

Ukrainian Presidency | Anadolu Agency | Getty ImagesWASHINGTON — The Republican primary debate in Milwaukee Wednesday is expected to showcase the deep divisions within the party over America's role in the Russian war on Ukraine. Scott Olson | Getty ImagesFormer Vice President Mike Pence was the first Republican candidate to travel to Ukraine after Russia invaded. He says the Russia-China axis is by far the top threat to U.S. national security and merits more focus than the Ukraine war. Tim ScottLikely Republican presidential candidate and U.S. Joseph Prezioso | AFP | Getty ImagesThe former New Jersey governor was the second Republican candidate to visit Ukraine after Pence.

Persons: Ukraine Volodymyr Zelenskyy, Joe Biden, Donald Trump, Carlos Barria, Vladimir Putin, Volodymyr Zelenskyy, Trump, could've, Sean Hannity, Zelenskyy, Biden, Mike Pence, Scott Olson, they've, Pence, Putin, Vivek Ramaswamy, Tucker Carlson, Scott Morgan, Ramaswamy, Nikki Haley U.S, Nikki Haley, Kevin Lamarque, Haley, Tim Scott, Brian Snyder, Tim Scott of, Scott, Ron DeSantis, Scott Brown, Reba Saldanha, DeSantis, pushback, Chris Christie, Joseph Prezioso, Christie's, Christie, Francis Suarez, Miami Mayor Francis Suarez, Ronald Reagan, Mario Tama, Getty Images Miami Mayor Francis Suarez, Suarez, Will Hurd, Hurd, Republican frontrunners Trump, Doug Burgum, Dan Koeck, Asa Hutchinson, Arkansas Asa Hutchinson, Drew Angerer Organizations: Anadolu Agency, Getty Images WASHINGTON, Republican, Milwaukee Wednesday, GOP, New York Times, U.S, Army, National Defense, Reuters, Fox News, NATO, Getty, NBC News, Marine Corps, Vivek Ramaswamy Republican, Former Fox, Iowa, United, United Nations, American Enterprise Institute, New Hampshire Institute, Politics, Saint Anselm College, NBC, Ron DeSantis Florida Governor, Republican U.S, New Jersey, New Hampshire Town Hall, AFP, New, CNN, Miami Mayor, Library, Getty Images Miami Mayor, National, Harvard, Republican Party of Iowa, Former, CIA, Disney, Doug Burgum North, Reuters North, Asa Hutchinson Republican, Washington Hilton Locations: Ukraine, Kharkiv, Russia, Ukrainian, Milwaukee, United States, Europe, Moscow, Iran, Siena, Fort Drum , New York, U.S, South Carolina, Ankeny , Iowa, Russian, Kyiv, Berlin , New Hampshire, Des Moines , Iowa, China, Eastern Europe, Arlington , Virginia, Taiwan, North Korea, Manchester , New Hampshire, Tim Scott of South Carolina, America, Ron DeSantis Florida, Rye , New Hampshire, Reuters Florida, New Hampshire, Goffstown , New Hampshire, New Jersey, Bucha, Simi Valley , California, Harvard, Former Texas, Texas, Crimea, Desantis, Doug Burgum North Dakota, Fargo , North Dakota, Reuters North Dakota, Arkansas, Washington ,

Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally in Windham, New Hampshire, U.S., August 8, 2023. REUTERS/Reba Saldanha/File Photo Acquire Licensing RightsWASHINGTON, Aug 21 (Reuters) - Former President Donald Trump plans to turn himself in and be processed in Atlanta on Thursday in connection with his indictment in Georgia, he said on social media on Monday. "I'll be going to Atlanta, Georgia, on Thursday to be ARRESTED," Trump said on his Truth Social platform. CNN earlier reported that Trump planned to surrender at the Fulton County jail in Georgia on Thursday. Trump, the front-runner for the 2024 Republican presidential nomination, and his co-defendants were indicted on Aug. 14.

Persons: Donald Trump, Reba Saldanha, Trump, Fulton Country District Attorney Fani Willis, Willis, Trump's, Kanishka Singh, Jacqueline Wong, Cynthia Osterman Organizations: U.S, Republican, REUTERS, Rights, CNN, Trump, Fulton Country District Attorney, Prosecutors, Thomson Locations: Windham , New Hampshire, U.S, Atlanta, Georgia, Atlanta , Georgia, Fulton, Fulton County, Rice, Washington

☆ What is RICO and why are prosecutors using it against Trump?
▼ + stars: | 2023-08-15 | by ( Jack Queen | ) www.reuters.com time to read: +3 min

The main requirements under the federal RICO law are at least two underlying crimes and participation in a criminal enterprise over a long period of time. WHY ARE PROSECUTORS USING RICO? That means prosecutors would not necessarily have to prove Trump personally broke the law but knowingly coordinated with others who did. RICO cases are inherently more complex because prosecutors must first prove the existence of a criminal enterprise. Prosecutors will need to prove that Trump and his co-defendants worked together towards a common criminal purpose, which is not always as straightforward as proving an underlying RICO crime.

Persons: Donald Trump, Fani Willis, Reba Saldanha, Willis overreached, kingpins, Trump, Rudy Giuliani, Mark Meadows, John Eastman, Jack Queen, Noeleen Walder, Howard Goller Organizations: U.S, Prosecutors, Trump, Republican, REUTERS, Thomson Locations: Georgia, U.S, Fulton County, Windham , New Hampshire, New York

☆ Trump swoops into Iowa Fair to scramble DeSantis' effort to reboot his campaign
▼ + stars: | 2023-08-12 | by ( Tim Reid | ) www.reuters.com time to read: +2 min

Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally in Windham, New Hampshire, U.S., August 8, 2023. DeSantis is making a high-risk bet that he can halt Trump's march to the Republican presidential nomination by winning Iowa. Trump's appearance at the Iowa State Fair just hours after DeSantis' could steal the limelight from the governor and dominate the headlines. According to that Aug. 3 poll, Trump also leads DeSantis by 34 points, 47% to 13%. Trump has been angered by her public neutrality in the primary race and her appearance with DeSantis at several of his Iowa events.

Persons: Donald Trump, Reba Saldanha, Ron DeSantis, DeSantis, Trump's, Trump, Kim Reynolds, Tim Reid, Jonathan Oatis Organizations: U.S, Republican, REUTERS, Reba Saldanha DES, Fair, Iowa, Trump, Iowa State Fair, Thomson Locations: Windham , New Hampshire, U.S, Reba Saldanha DES MOINES , Iowa, Iowa, Florida, Iowa . Iowa, New Hampshire, South Carolina, Des Moines

☆ Judge warns Trump not to threaten witnesses in 2020 election subversion case
▼ + stars: | 2023-08-11 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +5 min

Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally in Windham, New Hampshire, U.S., August 8, 2023. “I caution you and your client to take special care in your public statements about this case. The charges at issue in Friday's hearing are one of three prosecutions currently targeting Trump, the clear front-runner in the 2024 Republican presidential nomination race. In Friday's case, he has pleaded not guilty to criminal charges that he orchestrated a plot to overturn the results of the 2020 presidential election to keep himself in power. As a condition of his release, Trump agreed he would not try to intimidate or threaten any witnesses in the case.

Persons: Donald Trump, Reba Saldanha, Tanya Chutkan, “, ”, Trump, Chutkan, ” Chutkan, John Lauro, —, Mike Pence, Sarah N, Lynch, Scott Malone, Alistair Bell Organizations: U.S, Republican, REUTERS, Trump, U.S . Constitution, White, Thomson Locations: Windham , New Hampshire, U.S, U.S ., Florida, New York

☆ Trump lawyers to challenge limits on evidence-sharing, prosecutors warn of threats
▼ + stars: | 2023-08-11 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +4 min

Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally in Windham, New Hampshire, U.S., August 8, 2023. The lawyers' request goes against the objections of prosecutors, who are concerned that Trump could use details of the confidential evidence to intimidate witnesses. "I never told a newly emboldened ... Pence to put me above the Constitution, or that Mike was 'too honest.,'" Trump wrote on social media, in a direct reference to the indictment which cites Pence's recollections of conversations with Trump. As a condition of his release, Trump agreed he would not try to intimidate or threaten any witnesses in the case. At the same time, however, Lauro and his co-counsel Todd Blanche have also held up the discovery process itself by disagreeing with the terms of the government's protective order.

Persons: Donald Trump, Reba Saldanha, Donald Trump's, Trump, Jack Smith's, —, Mike Pence, Pence, Mike, John Lauro, Tanya Chutkan's, Lauro, Todd Blanche, Sarah N, Lynch, Scott Malone, Alistair Bell Organizations: U.S, Republican, REUTERS, U.S . Constitution, D.C, Trump, White, Thomson Locations: Windham , New Hampshire, U.S, U.S ., Washington, Florida, New York

Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally in Windham, New Hampshire, U.S., August 8, 2023. REUTERS/Reba Saldanha/File PhotoNEW YORK, Aug 10 (Reuters) - Donald Trump on Thursday appealed a judge's dismissal of his claim that the writer E. Jean Carroll defamed him by accusing him of rape, though a jury that awarded her $5 million for defamation and sexual abuse did not make such a finding. The former U.S. president, who is seeking the Republican nomination for a second White House term, filed a notice of appeal from U.S. District Judge Lewis Kaplan's Aug. 7 dismissal of the claim against Carroll. Reporting by Jonathan Stempel in New York; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Donald Trump, Reba Saldanha, Jean Carroll, District Judge Lewis Kaplan's, Jonathan Stempel, Leslie Adler Organizations: U.S, Republican, REUTERS, District, Carroll, Thomson Locations: Windham , New Hampshire, U.S, New York

☆ Donald Trump aide pleads not guilty to new charges in US documents case
▼ + stars: | 2023-08-10 | by ( Jack Queen | ) www.reuters.com time to read: +4 min

Trump's valet Walt Nauta pleaded not guilty to charges of obstruction of justice and false statements in an appearance before U.S. Magistrate Judge Shaniek Mills Maynard in Florida. Neither defendant spoke to reporters when leaving the courthouse, where a handful of Trump supporters had gathered to protest the case. Trump has pleaded not guilty to 40 counts of unauthorized retention of national defense information, obstruction of justice and false statements. Nauta had already pleaded not guilty to some charges in the documents case, but returned to court to face additional counts filed in a superseding indictment in July. Trump pleaded not guilty to the new charges in a court filing and did not appear in court on Thursday.

Persons: Donald Trump, Reba Saldanha, FORT, Walt Nauta, Shaniek Mills, Carlos De Oliveira, Nauta, Trump, Joe Biden, Jack Smith's, De Oliveira, John Irving, Smith, Jack Queen, Andy Sullivan, Will Dunham, Noeleen Organizations: U.S, Republican, REUTERS, Trump's, Trump, Democratic, Prosecutors, White House, Mar, FBI, White, Manhattan, Thomson Locations: Windham , New Hampshire, U.S, FORT PIERCE , Florida, Shaniek Mills Maynard, Florida, Lago, Palm Beach, Bedminster , New Jersey, Georgia

☆ Donald Trump's aides set to enter pleas in US classified documents case
▼ + stars: | 2023-08-10 | by ( Jack Queen | ) www.reuters.com time to read: +3 min

[1/3] Former U.S. President and Republican presidential candidate Donald Trump greets the crowd during a campaign rally in Windham, New Hampshire, U.S., August 8, 2023. Nauta moved boxes of documents at Mar-a-Lago to hide them from Trump's lawyer and federal investigators, according to prosecutors. In the documents case, Nauta has pleaded not guilty but must be arraigned on additional counts filed in a July superseding indictment. Trump pleaded not guilty to the new charges in a court filing and will not appear in-person Thursday. Trump has denied wrongdoing in Georgia involving an investigation into his efforts to reverse his election loss in that state.

Persons: Donald Trump, Reba Saldanha, FORT, Walt Nauta, Carlos De Oliveira, Shaniek Mills Maynard, Jack Smith's, Nauta, De Oliveira, Trump, Joe Biden, Smith, Jack Queen, Will Dunham, Noeleen Organizations: U.S, Republican, REUTERS, Trump's, Democratic, Prosecutors, White House, Mar, FBI, Trump, White, Manhattan, Thomson Locations: Windham , New Hampshire, U.S, FORT PIERCE , Florida, Florida, Lago, Palm Beach, Bedminster , New Jersey, Georgia

☆ Digital World extends deadline for merger with Donald Trump's media company
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +1 min

Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally in Windham, New Hampshire, U.S., August 8, 2023. REUTERS/Reba SaldanhaAug 9 (Reuters) - Digital World Acquisition (DWAC.O) and former U.S. President Donald Trump's media company on Wednesday extended the deadline for their merger by over three months to Dec. 31, as they work to close the deal that has been delayed by regulatory scrutiny. The move comes weeks after blank-check firm DWAC settled fraud charges with the U.S. securities regulator, clearing some of the uncertainty over its merger with Trump Media & Technology Group (TMTG) - the parent company of the Truth Social app. The firm, which originally struck a deal to merge with TMTG in October 2021, had in June extended the deadline to Sept. 8. The company in July named Eric Swider as its new CEO after ousting Patrick Orlando in March.

Persons: Donald Trump, Reba Saldanha, Donald Trump's, DWAC, Eric Swider, Patrick Orlando, Jaspreet Singh, Anil D'Silva Organizations: U.S, Republican, REUTERS, Trump Media & Technology, TMTG, U.S . Securities, Exchange Commission, Thomson Locations: Windham , New Hampshire, U.S, Bengaluru

DeSantis' camp on Tuesday announced that it was ousting campaign manager Generra Peck and bringing in two top outside strategists. Replacing Peck, who is now the campaign's chief strategist, is James Uthmeier, previously the governor's chief of staff. Campaign insiders and donors say the replacement of Peck is unlikely to quell anxiety about the direction of DeSantis' campaign. NEW CAMPAIGN MANAGER, SAME STRATEGYUthmeier's appointment had been in the works for weeks, said one person close to the process. "With him, the governor has basically imposed his will in Tallahassee," said another person close to Uthmeier, referring to Florida's capital city.

Persons: Ron DeSantis, Scott Brown, Reba Saldanha, DeSantis, Generra Peck, Peck, James Uthmeier, Donald Trump, Robert Bigelow, Bigelow, James, Uthmeier, Trump, David Polyansky, Marc Reichelderfer, Gram Slattery, Ross Colvin, Alistair Bell Organizations: Republican U.S, REUTERS, Republican, Reuters, Republican Party, Thomson Locations: Florida, Rye , New Hampshire, U.S, Utah, Tallahassee, Iowa

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