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Republican presidential candidate and former U.S. President Donald Trump gestures as he arrives to Trump tower during the day of his trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, in New York City, U.S. , April 19, 2024. Former President Donald Trump received 36 million more shares of Trump Media Technology Group on Friday, according to a newly filed disclosure Tuesday with the Securities and Exchange Commission. The shares were part of a contractual "earnout bonus" that Trump's eponymous media company agreed to shortly before it went public in March. At Tuesday's closing price of $49.93, Trump's newly awarded shares were worth around $1.8 billion, although he is prohibited from selling them until a six-month lockup period expires. The additional shares bring Trump's total in the newly public company to 114,750,000.
Persons: Donald Trump, Stormy Daniels, Trump's Organizations: Trump Media Technology Group, Securities and Exchange Commission, Trump, Nasdaq Locations: Trump, New York City, U.S
Former U.S. President Donald Trump sits in the courtroom at Manhattan criminal court in New York on April 26, 2024. Defense attorneys for former President Donald Trump continued the cross-examination Friday of former National Enquirer publisher David Pecker, who has given three days of damning testimony for the prosecution in Trump's New York criminal hush money trial. Pecker's cross-examination began Thursday afternoon, when attorneys for Trump started a line of questions designed to poke holes in Pecker's credibility. The effort drew objections from prosecutors late Thursday afternoon, which New York Judge Juan Merchan said would be dealt with on Friday. Entering the courtroom Friday morning, Trump said he thought things went "very well" in the trial on Thursday.
Persons: Donald Trump, David Pecker, Pecker's, Trump, Juan Merchan Organizations: U.S, National Enquirer, New York Locations: Manhattan, New York, Trump's New York
Former U.S. Vice President Mike Pence arrives to speak at the Republican Jewish Coalition Annual Leadership Summit in Las Vegas on Oct. 28, 2023. WASHINGTON — Former Vice President Mike Pence said Friday that he would not endorse his former boss for president in the 2024 election. Trump "is pursuing and articulating an agenda that is at odds with the conservative agenda that we governed on during our four years," said Pence. "As I have watched his candidacy unfold, I've seen him walking away from our commitment to confronting the national debt," Pence said. "I've seen him starting to shy away from a commitment to the sanctity of human life."
Persons: Mike Pence, WASHINGTON —, Pence, Donald Trump, Trump, I've Organizations: U.S, Republican Jewish Coalition, Leadership, WASHINGTON, Fox News, Republican Locations: Las Vegas
Elijah Nouvelage | ReutersThe sprawling Georgia election interference case against former President Donald Trump and his co-defendants can continue if either Fulton County District Attorney Fani Willis or prosecutor Nathan Wade removes themselves, Fulton County Superior Court Judge Scott McAfee ruled Friday. Fulton County Superior Judge Scott McAfee looks on during a hearing in the case of the State of Georgia v. Donald John Trump on February 12, 2024 at the Fulton County Courthouse in Atlanta, Georgia. Willis and Wade admitted to the relationship only after it was first alleged in January court filings for defendant Michael Roman. and the prosecutor engaged in an "improper, clandestine personal relationship" and that they profited off the arrangement at taxpayers' expense. But both Willis and Wade insisted their relationship posed neither a personal nor financial conflict, and Willis has decried related claims as "fantastical theories and rank speculation."
Persons: Fani Willis, Nathan Wade, Donald Trump, Elijah Nouvelage, Scott McAfee, Willis, Wade, Trump's, Joe Biden's, Donald John Trump, Alyssa Pointer, Trump, Steve Sadow, Pete Skandalakis, Michael Roman Organizations: Trump, of, NBC News Locations: Fulton County, Atlanta, Georgia, Georgia's, of Georgia, Fulton, Atlanta , Georgia
A spirited President Joe Biden delivered a fiery, partisan State of the Union address on Thursday, fit for an election year with enormously high stakes in a divided nation. "Not since President Lincoln and the Civil War have freedom and democracy been under assault here at home as they are today," Biden said early in the speech. "What makes our moment rare is that freedom and democracy are under attack, both at home and overseas, at the very same time," he said. "Overseas, [President Vladimir] Putin of Russia is on the march, invading Ukraine and sowing chaos throughout Europe and beyond. "My message to President Putin is simple.
Persons: Joe Biden, Lincoln, Biden, Vladimir, Putin, Ulf Kristersson, Lady Jill Biden Organizations: NATO Locations: Russia, Ukraine, Europe, Swedish
MELBOURNE, Australia (AP) — Australia’s House of Representatives has ramped up pressure on the United States and Britain to end the prosecution of WikiLeaks founder Julian Assange by passing a motion calling for the Australian citizen to be allowed to return to his home country. Independent lawmaker Andrew Wilkie moved the motion on Wednesday one week ahead of Britain’s High Court of Justice hearing Assange’s appeal against extradition to the United States on espionage charges. Leaders of both the government and the opposition have publicly stated that the United States’ pursuit of the 52-year-old had dragged on for too long. Assange’s brother Gabriel Shipton on Thursday welcomed the lawmakers' vote, adding that his notorious sibling could potentially be extradited to the United States next week. Senior opposition lawmaker Dan Tehan said the motion did not reflect his party’s wish that the prosecution progress more quickly.
Persons: Julian Assange, Andrew Wilkie, Anthony Albanese, Assange, Gabriel Shipton, he’ll, ” Shipton, Wilkie, Albanese, Australia’s, Joe Biden, State Anthony Blinken, Dan Tehan, ” Tehan, Tehan, Chelsea Manning, Manning, Barack Obama Organizations: , Independent, Australian, Ecuadorian Embassy, House, U.S, State, WikiLeaks, Army, Manning’s Locations: MELBOURNE, Australia, United States, Britain, Britain’s, Ecuadorian, London, Sweden
The motion, moved by independent lawmaker Andrew Wilkie, was passed on Wednesday with 86 votes in favour and 42 against after it was supported by the Labor government. "(The motion) will send a powerful political signal to the British government and to the U.S. government," Wilkie told parliament ahead of the vote. Assange's supporters say he has been victimised because he exposed U.S. wrongdoing and potential crimes, including in conflicts in Afghanistan and Iraq. Washington says the release of the secret documents put lives in danger. Australia's Attorney-General Mark Dreyfus said Assange's extradition was raised in a meeting with his U.S. counterpart Merrick Garland in Washington last month.
Persons: Renju Jose SYDNEY, Anthony Albanese, Julian Assange, Andrew Wilkie, Wilkie, Assange, Albanese, Mark Dreyfus, Merrick Garland, Dreyfus, Renju Jose, Jamie Freed Organizations: Australia's, WikiLeaks, London's, Labor, ., Britain, Australian Broadcasting Corp, U.S Locations: Australia, United States, Australian, Britain, Afghanistan, Iraq, Washington, Sydney
President Joe Biden's reelection campaign launched an official TikTok account Sunday evening. The account is noteworthy because TikTok is currently banned on most U.S. government-issued devices. The TikTok account, with the handle "@bidenhq," debuted Sunday during Lunar New Year celebrations in China and Super Bowl 58 in the U.S. Biden campaign advisors told NBC News the TikTok account is part of an effort to meet voters where they are. The Biden White House has carried on a love-hate relationship with TikTok since Biden took office.
Persons: Joe Biden, John F, Joe Biden's, TikTok, Biden, Shou Zi Chew, Jeffrey Yass, ratcheted Organizations: Kennedy International Airport, Super, China, Harvard Business School, TikTok's, Susquehanna International Group, Billionaire, U.S, NBC, Pew Research, Biden White Locations: New York City, U.S, China
Former U.S. President and Republican presidential candidate Donald Trump delivers remarks at a Nevada Republican volunteer recruiting event at Fervent: A Calvary Chapel on July 8, 2023 in Las Vegas, Nevada. Former President Donald Trump has won the Nevada Republican caucus, NBC News projects. Democrats have won Nevada in the past four presidential elections. The Nevada Republican Party will award 26 delegates proportionally based on the results of Thursday's caucuses. Nikki Haley was defeated in the Nevada Republican primary.
Persons: Donald Trump, Joe Biden, Joe Lombardo, Lombardo, Trump, Ryan Binkley, Trump's, Nikki Haley, Haley Organizations: U.S, Republican, Nevada Republican, NBC, Democrats, Nevada Republican Party, South Carolina Gov, Nevada GOP Locations: Nevada, Las Vegas , Nevada
U.S. President Joe Biden reacts as he attends the opening of the Biden for President campaign office in Wilmington, Delaware, U.S., February 3, 2024. President Joe Biden won a landslide victory in South Carolina's Democratic primary Saturday, where voters sent a clear message that they are ready for Biden to pivot to the November election. Biden's overwhelming margin of victory left no question about who Democratic voters want to be on the ballot in November. Republicans will vote in their party primary on Feb. 24, where former South Carolina Gov. Unlike the Republican battle, the Democratic primary has, so far, been notable for its civility.
Persons: Joe Biden, Biden, Dean Phillips, Marianne Williamson, Donald Trump, , Williamson, Phillips, Nikki Haley Organizations: Biden, South, Democratic, NBC News, Black, South Carolina Gov, GOP, Republican Locations: Wilmington , Delaware, U.S, South Carolina, In Iowa, New Hampshire
Vince McMahon, executive chairman of the board of TKO Group Holdings and founder of wrestling giant WWE, has resigned his positions at both companies, according to a WWE memo obtained by CNBC and confirmed by the company. "Vince McMahon has tendered his resignation from his positions as TKO Executive Chairman and on the TKO Board of Directors. He will no longer have a role with TKO Group Holdings or WWE," said Nick Khan, president of the WWE. The announcement came in the wake of allegations made public Thursday, of sexual assault and sex trafficking, against McMahon. The latest allegations against McMahon were in a lawsuit filed by Janel Grant — who alleges McMahon directed her to have sex with a WWE "superstar" and other men.
Persons: Vince McMahon, Nick Khan, McMahon, Janel Grant —, Grant's, Grant, John Laurinaitis Organizations: WWE, MetLife, Holdings, CNBC Locations: East Rutherford , New Jersey, U.S, Connecticut
Since 2022, at least nine states — including six in 2023 — passed laws to impose harsher penalties for organized retail crime offenses, and New York and California could join that list. It's tough to determine whether theft offenses are up nationally, as it's a crime that often goes unreported and undetected. Experts previously told CNBC that laws that increase penalties for retail crime offenses may not actually reduce theft offenses, and could disproportionately harm marginalized groups. "Across our nation and our state, retail theft has surged, creating fear among customers and workers. Newsom this week also called for new legislation that would address organized retail crime.
Persons: Kathy Hochul, Gavin Newsom, , It's, Hochul, Newsom, sheriff's, — CNBC's Christina Wilkie Organizations: Democratic, Republicans, CNBC, Owners, CNBC PRO Locations: New York, California
Congressional leaders announced a $1.59 trillion deal on top-line spending Sunday as the government races to avoid a potential shutdown. The deal establishes an overall spending budget of $1.59 trillion for the 2024 fiscal year, allocating $886 billion to military spending and $704 billion for non-defense spending, said Republican House Speaker Mike Johnson of Louisiana said in a Sunday note. The deal comes as the House and Senate inch closer to a key Jan.19 deadline, when funding runs out for many federal agencies. "It will also allow us to keep the investments for hardworking American families secured by the legislative achievements of President Biden and Congressional Democrats." Some of the concessions made include a $10-billion cut to IRS mandatory funding under the Inflation Reduction Act and $6.1 billion of the "COVID-era slush funds."
Persons: Chuck Schumer, Mike Johnson, Johnson, Schumer, Hakeem Jeffries, Biden, year's Schumer, Pelosi Organizations: U.S, Capitol, Congressional, Republican, Committee, America Locations: Washington , DC, Louisiana
Binance's VIP users were granted a set of special privileges, including an early heads-up from the crypto exchange if they were under investigation by law enforcement, according to the U.S. Treasury's Financial Crimes Enforcement Network. Treasury alleged in a 92-page order that Binance had "developed a process to notify VIP users if they became the subject of a law enforcement inquiry," in a setup where Binance was effectively serving as a lookout for its top-tier customers. Members of Binance's VIP team were instructed to contact the user under investigation by "all available means" including sending texts and calling to inform customers, for example, that their account had been frozen or unfrozen. According to the consent order, Binance's VIP team staff were warned not to be too obvious in their tips. They will be managed by your [VIP] team.
Persons: Changpeng Zhao, Binance, FinCEN, Binance's, — CNBC's Christina Wilkie Organizations: Treasury's, Treasury, . Enterprise Locations: U.S, United States
WASHINGTON — Treasury Secretary Janet Yellen pointed to the consistently higher prices that Americans pay for food and rent today, compared with pre-pandemic levels, as a major factor driving voters' negative outlook on the economy. "Although prices in general are rising less quickly, Americans still see increases in some important prices, including food, from where we were prior to the pandemic. As overall inflation rates have come down over the past year, food prices have consistently outpaced baseline inflation, according to the Bureau of Labor Statistics. There are lots of reasons for this, ranging from the war in Ukraine's impact on grain prices to restaurants charging higher prices for menu items. But Americans do notice higher prices from what they used to be accustomed to," she added.
Persons: Janet Yellen, Yellen, Joe Biden, Biden, Elizabeth Crofoot, CNBC's Jeff Cox, Donald Trump Organizations: Bureau of Labor Statistics, NBC Locations: WASHINGTON
Top business leaders in the U.S. meet Chinese President Xi Jinping in San Francisco, California on Nov. 15, 2023. Apple CEO Tim Cook, Tesla chief Elon Musk and Blackrock's Steve Schwarzman were among the guests Wednesday night at a gala reception and dinner in San Francisco for visiting Chinese President Xi Jinping. San Francisco Mayor London Breed also had a spot at the head table. According to the place cards, Cook was seated next to Chinese Minister of Commerce Wang Wentao. Event organizers said Musk attended the VIP reception, but did not stay for the dinner.
Persons: Xi Jinping, Tim Cook, Elon Musk, Steve Schwarzman, Xi's, Joe Biden, Biden, Xi, Marc Benioff, Stan Deal, Raj Subramaniam, Ryan McInerney, Ray Dalio, Albert Bourla, Janow, Larry Fink, Gina Raimondo, Nicholas Burns, Kurt Campbell, San Francisco Mayor London Breed, Cook, of Commerce Wang Wentao, Musk Organizations: Apple, Tesla, U.S ., China Business Council, National Committee, U.S, China Relations, United, Boeing, FedEx, Visa, Bridgewater Associates, Pfizer, Mastercard, BlackRock, Commerce, White House, San Francisco Mayor London, of Commerce Locations: U.S, San Francisco , California, San Francisco, United States, China, White House China
But the reprieve to New Orleans meant little to those who live south of the sill. The corps shipped fresh water to treatment plants in lower Plaquemines, and parish officials used booster pumps to pull water from upstream. In mid-October, they told residents that the water was finally safe. Ironton’s water is piped from upstream, and like New Orleans, the salt did not reach it this fall. But residents say that after decades of neglect, they avoid drinking the water anyway.
Persons: , Ms, LeFort, “ I’m, Ike, Isaac, Ida, Wilkie Declouet, Declouet Organizations: Hurricanes, Deepwater Locations: New Orleans, Ironton
The White House is seen at dusk on September 30, 2023 in Washington, DC. Moody's Investors Service on Friday lowered its ratings outlook on the United States' government to negative from stable, pointing to rising risks to the nation's fiscal strength. The ratings agency has affirmed the long-term issuer and senior unsecured ratings of the U.S. at Aaa. Moody's move to cut its outlook arrives as Congress faces the looming threat of a government shutdown once more. "Moody's decision to change the U.S. outlook is yet another consequence of Congressional Republican extremism and dysfunction," White House press secretary Karine Jean-Pierre said in a statement.
Persons: Moody's, Wally Adeyemo, Mike Johnson, Karine Jean, Pierre, Fitch Organizations: Moody's, Aaa, United States, Republican, White, Democratic, AAA Locations: Washington ,, United States, Washington, United, American, Jan, U.S
U.S. President Joe Biden (L) and Palestinian President Mahmoud Abbas (R) hold a joint press conference in Bethlehem, West Bank on July 15, 2022. WASHINGTON — President Joe Biden will no longer visit Jordan as part of his Middle East trip this week, after a leaders summit on humanitarian aid for Palestinians was abruptly canceled Tuesday. The decision was made as unrest across the region swelled, in response to the deadly bombing of a hospital in Gaza. Biden had been scheduled to meet in with Jordan's King Abdullah, Egyptian president Abdel Fattah El-Sisi, and Palestinian Authority president Mahmound Abbas after first visiting Israel. In deciding not to travel to Jordan, the White House also considered "the days of mourning announced by President Abbas," for victims of the hospital attack, the official said.
Persons: Joe Biden, Mahmoud Abbas, Biden, King Abdullah, Abdel Fattah El, Mahmound Abbas, Ayman Safadi, Abbas Organizations: West Bank, WASHINGTON, Palestinian Authority, Israel, Hamas, White, CNBC, IDF, Israeli Defense, NBC News Locations: Bethlehem, West, Jordan, Gaza, Jordanian, Ahli, Gaza City, Israel
Presidential Candidate Robert F. Kennedy Jr. makes a campaign announcement at a press conference on October 9, 2023 in Philadelphia, Pennsylvania. WASHINGTON — Robert F. Kennedy Jr. said he will abandon his bid for the Democratic presidential nomination and instead run for the White House as an independent. Kennedy announced his break with the national Democratic Party at an event in Philadelphia on Monday. His late father, Sen. Robert Kennedy of New York, and late uncle, President John F. Kennedy, are icons of the Democratic Party. In addition to Biden's incumbent status, which makes it very difficult to challenge him from within the party, Kennedy also holds views that put him at odds with the majority of Democratic voters.
Persons: Robert F, Kennedy Jr, WASHINGTON — Robert F, Kennedy, Sen, Robert Kennedy, John F, Joe Biden, endear Kennedy, Donald Trump ., Trump, Hillary Clinton, Biden, Jill Stein Organizations: Democratic, White, Democratic Party, Democrat, Fox Business, Trump, Republican, NBC News, Green Party Locations: Philadelphia , Pennsylvania, WASHINGTON, Philadelphia, Washington, New York, Ukraine, Trump's
Former President Donald Trump on Friday endorsed Republican Rep. Jim Jordan of Ohio to become the next speaker of the House of Representatives. Trump's endorsement of his close ally Jordan in a social media post came three days after the House voted to remove Rep. Kevin McCarthy, R-Calif., as speaker. Trump wrote that Jordan "will be a GREAT Speaker of the House, & has my Complete & Total Endorsement!" "He is STRONG on Crime, Borders, our Military/Vets, & 2nd Amendment," Trump wrote early Friday on his Truth Social site. Trump is the clear frontrunner for the 2024 GOP presidential nomination due to his strong popularity among Republican voters.
Persons: Donald Trump, Jim Jordan, Jim Jordan of, Jordan, Kevin McCarthy, Trump, Steve Scalise Organizations: Republican, Air Force, Airport, Representatives, Military, Republicans Locations: Ohio, Lima Allen, Lima , Ohio, Jim Jordan of Ohio
Reps. Jim Jordan and Steve Scalise are the top candidates to replace Kevin McCarthy, who was voted out as speaker in an unprecedented move Tuesday. "I think very highly of Steve Scalise. I would vote for Steve Scalise," Gaetz said this week. The third-ranking House Republican, Majority Whip Tom Emmer of Minnesota, mused that Scalise "would be a great speaker" on Tuesday. Should Scalise become House Speaker, Emmer hopes to replace him as Majority Leader.
Persons: Steve Scalise, Jim Jordan, Alexander Vindman, President Trump, WASHINGTON —, gavel, Kevin McCarthy, Donald Trump, Jordan, Darrell Issa, Tom Massie of, Scalise, Matt Gaetz, McCarthy, Gaetz, Tom Emmer, Emmer Organizations: European Affairs, National Security Council, U.S . House, House Intelligence, House Foreign Affairs, Capitol, WASHINGTON, Republican, Freedom Caucus, Tom Massie of Kentucky, White, House, GOP, Florida Republican Locations: Washington, Ohio, Calif, Louisiana, Florida, Minnesota
House Majority Leader Rep. Steny Hoyer (D-MD) and House Speaker Nancy Pelosi (D-CA) walk from the House floor where members debate the United States-Mexico-Canada Agreement (USMCA) to the speaker's office in the U.S. Capitol on December 19, 2019 in Washington, DC. WASHINGTON — Republican leaders abruptly evicted two high-profile Democrats from their longtime Capitol hideaway offices without explanation after the House removed Kevin McCarthy as its speaker. Former House Speaker Nancy Pelosi and ex-Majority Leader Steny Hoyer were both told that their small but coveted second offices within the Capitol will be "re-assigned," NBC News confirmed. Spokespeople for McCarthy and the new temporary speaker, Rep. Patrick McHenry, R-N.C., did not immediately respond when asked what spurred the evictions. "Sadly, because I am in California to mourn the loss of and pay tribute to my dear friend Dianne Feinstein, I am unable to retrieve my belongings at this time."
Persons: Steny Hoyer, Nancy Pelosi, Kevin McCarthy, Spokespeople, McCarthy, Patrick McHenry, Pelosi, Sen, Dianne Feinstein, Pro Tempore Organizations: U.S, Capitol, WASHINGTON — Republican, NBC News, Pro Locations: United States, Mexico, Canada, Washington , DC, R, California, San Francisco
Associate Justice Clarence Thomas during the formal group photograph at the Supreme Court in Washington, DC, US, on Friday, Oct. 7, 2022. WASHINGTON — The Supreme Court on Monday refused to take an appeal by former Trump lawyer John Eastman related to emails of his turned over to the House committee investigating the Jan. 6, 2021, Capitol riot. Justice Clarence Thomas was not involved in considering or deciding Eastman's request that the Supreme Court toss lower court rulings related to the emails, the court said in declining to hear the case. Thomas' recusal, which was not explained, is the first time he has removed himself from a case involving the Jan. 6 insurrection by a mob of supporters of former President Donald Trump.
Persons: Clarence Thomas, WASHINGTON —, Trump, John Eastman, Thomas ' recusal, Donald Trump Organizations: WASHINGTON, Capitol, Supreme Locations: Washington , DC
Sen. Bob Menendez bribery trial set for May 2024
  + stars: | 2023-10-02 | by ( Christina Wilkie | In | ) www.cnbc.com   time to read: +2 min
A federal judge on Monday scheduled the trial of Sen. Bob Menendez of New Jersey and his wife Nadine on bribery and corruption charges to begin May 6, 2024. Menendez, his wife, and the trio of businessmen will stand trial in U.S. District Court in Manhattan. The couple is charged with three counts each: Conspiracy to commit bribery, conspiracy to commit honest services fraud, and conspiracy to commit extortion under color of official right. Menendez insists he is innocent, and has refused calls by more than half of the Democratic Senate caucus that he resign. The indictment alleges that Menendez for years used his position as chairman of the Senate Foreign Relations Committee to benefit the three business associates.
Persons: Robert Menendez, Sen, Bob Menendez, Nadine, Menendez, Prosecutors Organizations: Senate Democratic Caucus, U.S, Capitol, Bob Menendez of New, Democratic Senate, Senate Foreign Relations Locations: Washington, Bob Menendez of, Bob Menendez of New Jersey, Jersey, U.S, Manhattan, Egypt, F.B.I, Englewood
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