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Democrats build financial edge in battle for the House
  + stars: | 2024-04-19 | by ( David Wright | ) edition.cnn.com   time to read: +4 min
Meanwhile, a pair of super PACs aligned with the House leadership of both parties also announced their most recent quarterly fundraising totals this week, showing Democrats with another advantage. House Majority PAC, the Democratic super PAC, said that, along with its affiliated organization, House Majority Forward, it had raised $37 million in the quarter for Democrats’ House effort. Adding to the pressure, House Republicans are still dealing with the fallout from leadership fights as they seek to defend their razor-thin majority. Meanwhile, a conservative dark money group, American Prosperity Alliance, launched new ads this week targeting three House Republicans who had voted to oust McCarthy, slamming their voting records. House Majority PAC, the lead Democratic super PAC, announced earlier this month plans to spend $186 million on advertising campaigns targeting a series of key battleground races.
Persons: outraising, outraised, Mike Johnson, Kevin McCarthy, Johnson, McCarthy, – Johnson, Marjorie Taylor Greene, Greene Organizations: CNN, US, Representatives, GOP, Democrats ’, Democratic Congressional, Committee, Republican, National Republican Congressional Committee, PAC, Democratic, Congressional, Fund, American Action Network, Republicans, House Republicans, Capitol, Capitol Hill . Rep, Marjorie Taylor Greene of, American Prosperity Alliance Locations: California, New York, Capitol Hill, Marjorie Taylor Greene of Georgia, Ukraine, Israel
Years before becoming House speaker, Republican Rep. Mike Johnson of Louisiana played a leading role aiding Donald Trump’s efforts to overturn the 2020 election. That history will be on display Friday, with Johnson set to deliver remarks alongside the former president about “election integrity” – a phrase Trump often uses to describe the lie that the 2020 election was rigged and unfounded concerns about future mass voter fraud. Johnson carved out an influential role after the 2020 election, helping Trump’s attempts to subvert the will of the people and overturn the legitimate results. He later recruited a majority of House Republicans to endorse a Trump-backed lawsuit seeking to invalidate the results from four key states that Trump lost: Pennsylvania, Georgia, Michigan and Wisconsin. (In truth, as the Supreme Court later affirmed, judges have the power to review state election laws.)
Persons: Mike Johnson, Donald Trump’s, Johnson, , Trump, Trump’s, Joe Biden’s, ” Johnson, Hugo Chávez’s, Smartmatic, would’ve, Biden, – Johnson Organizations: Republican, Trump, Voting Systems, Biden, Dominion, Fox News, House Republicans, Republicans, Democratic Locations: Louisiana, Hugo Chávez’s Venezuela, Georgia, Pennsylvania, Michigan, Wisconsin, Arizona
And it raised serious doubts over the GOP’s capacity to pull off another politized maneuver designed to please the former president – an impeachment of President Joe Biden. The malpractice of Johnson’s impeachment team was encapsulated by Democrats outmaneuvering them to bring a shoeless Rep. Al Green, who was recovering from surgery, to the chamber in a wheelchair to cast a dramatic vote. Losing the ability to governThe House GOP meltdown came as this divided, angry Congress’ capacity to govern at the most basic level appears to be imploding. But the most Trumpy wing of the House GOP has other concerns. But Tuesday’s confusion shows that a House majority dominated by extremism and exhibitionism is not an operable majority.
Persons: Mike Johnson’s speakership, , Alejandro Mayorkas, Donald Trump’s, Joe Biden, outmaneuvering, Al Green, Johnson, Biden, , Trump, Oklahoma Sen, James Lankford, – Johnson, Mayorkas, ” It’s, it’s, , Elise Stefanik, , Steve Scalise, Kevin McCarthy, California — Organizations: CNN, Homeland, Israel, GOP, House Republicans, Republicans, Democratic, Trump, Congress, Capitol Locations: Ukraine, Taiwan, Oklahoma, Israel, Russia, China, California, New York, Washington, America
Three names in the industry – Johnson & Johnson , Merck and Bristol Myers Squibb – face a pivotal few weeks ahead. They join Bristol Myers Squibb CEO Chris Boerner, who agreed to the panel's initial invitation to appear. But why is the committee targeting Merck, J&J and Bristol Myers Squibb in the first place? J&J, Merck and Bristol Myers Squib are all suing to halt the talks, which will establish new prices that will go into effect in 2026. Bristol Myers Squibb's Opdivo is an immunotherapy used to treat cancers, including melanoma and lung cancer.
Persons: Annika Kim Constantino, – Johnson, Sen, Bernie Sanders, Joaquin Duato, Robert Davis, Chris Boerner, Sanders, Eli Lilly's, Januvia, Bristol Myers, He's, Biden, Merck's, Myers, Eliquis, Mike Perrone, it's Organizations: CNBC.com, Johnson, Merck, Bristol Myers Squibb, Bristol Myers, Medicare, Bristol, CNBC, pharma Locations: U.S, drugmakers
United Airlines – The airline stock popped nearly 5% a day after the company reported higher-than-expected earnings and revenue for the fourth quarter. TKO Group – Shares of TKO Group Holdings rallied 15.8% after announcing a deal to air its WWE flagship program known as "Raw" on Netflix next year. Revenue topped expectations, but earnings fell 6 cents short of analysts' expectations, per LSEG. Verizon posted $1.08 in adjusted earnings per share on $35.13 billion in revenue, while analysts surveyed by LSEG forecasted $1.07 per share in earnings and $34.64 billion of revenue. Procter & Gamble posted mixed results for its fiscal second quarter , topping earnings expectations but falling short on revenue.
Persons: Alibaba, Alibaba's, Truist, Coinbase – Coinbase, Goldman Sachs, Jefferies, Lockheed Martin, Horton –, Halliburton – Halliburton, Johnson – Johnson, Wall, Gamble, RTX, Zions Bancorporation, Yun Li, Sarah Min, Alex Harring Organizations: United Airlines –, Boeing, Max, Group, WWE, Netflix, LSEG, New York Times, Sunnova Energy, Enphase Energy, Federal Reserve, JPMorgan, Reuters, CSI China Internet, General Electric, GE, Teva Pharmaceutical, Teva Pharmaceuticals, Lockheed, Logitech –, Logitech, Barstool Sports, Johnson, Verizon –, Verizon, Procter, FactSet Locations: Alibaba –, China, fundaments
CNN —The teams are in – and Ryder Cup fever has officially taken hold. Team USACaptain: Zach JohnsonA member of five US teams as a player, Johnson is a veteran of the Ryder Cup. Consistency” – who accumulated more Ryder Cup points than the next two closest players combined since the start of 2022. Subsequently, selecting Koepka for his fourth Ryder Cup appearance was an “easy pick” for his captain. Rounding out the American roster are Ryder Cup rookie Burns and Morikawa, who went 3-0-1 on his debut two years ago.
Persons: Zach Johnson, Luke Donald, Marco Simone Golf, It’s, Johnson, Steve Stricker, Stricker, Davis Love III, Jim Furyk, Fred Couples, Stewart Cink, Jonathan Bachman, Scottie Scheffler, Wyndham Clark, Brian Harman, Patrick Cantlay, Max Homa, Xander Schauffele, Scheffler, Ezra Shaw, Clark, Harman, Homa, Schauffele, ” Homa, ” Harman, ” Johnson, Sam Burns, Rickie Fowler, Brooks Koepka, Collin Morikawa, Jordan Spieth, Justin Thomas It’s, LIV, Koepka, , “ Brooks, CNN Thomas, he’s, JT, ” Thomas, Thomas, Ryder, ” Cameron Young, Keegan Bradley, Denny McCarthy, “ Zach, Ross Kinnaird, Spieth, Fowler, Burns, Morikawa, Marco Simone, that’s, Luke Donald He, Donald, Henrik Stenson, Francesco Molinari, Edoardo –, Thomas Bjørn, Nicolas Colsaerts, María, Sergio Garcia, Andrew Redington, Rory McIlroy, Jon Rahm, Viktor Hovland, Tyrrell Hatton, Matt Fitzpatrick, Robert MacIntyre, McIlroy, Rahm, Fitzpatrick, compatriot Hatton, MacIntyre, ” Donald, , Paul Ellis, Captain’s, Tommy Fleetwood, Sepp Straka, Shane Lowry, Justin Rose, Nicolai Højgaard, Ludvig Aberg, Swede, Ludvig, “ He’s, Fabrice Coffrini, Adrian Meronk, Paul Goydos, Adrian, There’s, Straka, Rose, Lowry Organizations: CNN, Ryder, United States, Country Club, Team Europe, Team USA, Whistling, Davis Love, Tour, PGA, CNN Sport, FedEx, Getty, USA, ” Team, Northern, Scottish, Hovland, European, Fleetwood Locations: , Rome, Italy, Whistling Straits, Hazeltine, Saudi, Europe, Hovland, Norwegian, AFP, Switzerland, Crans Montana
Five affected Conservative-led local authorities argued the decision to expand ULEZ was unlawful, but their legal challenge was rejected on Friday. "This landmark decision is good news as it means we can proceed with cleaning up the air in outer London," Khan said in a statement following the ruling. Britain's green agenda has been in focus over the past week after the governing Conservative Party won an election in former Prime Minister Boris Johnson's old seat just outside central London, in part by attacking the ULEZ expansion. Judge Jonathan Swift rejected all three grounds of challenge to the expansion of ULEZ, including that the public consultation on the proposed expansion was unlawful. ($1 = 0.7809 pounds)Reporting by Sam Tobin, Editing by Kylie MacLellan and Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.
Persons: Sadiq Khan, Khan, Boris Johnson's, Keir Starmer, Conservative – Johnson, Jonathan Swift, Sam Tobin, Kylie MacLellan, Tomasz Janowski Organizations: London's Labour, Conservative, Transport, Conservative Party, Labour Party's, London, Thomson Locations: British, Greater London, leafier, London
CNN —For the second (well-publicized) time in MLB history, an Arizona Diamondbacks pitcher has claimed a sad and unusual feat – accidentally taking out and killing a bird with a throw. D-backs pitcher Zac Gallen was throwing a side session in the outfield ahead of Arizona’s game against the Oakland Athletics in California on Wednesday and managed to inadvertently hit a passing bird with a throw. Unfortunately, the bird reportedly did not survive the encounter, which saw it being hit by a Gallen curveball. The incident was caught on camera, with commentators declaring that “Gallen took some time to recognize that” the bird had died. This comes some 20 years after another infamous avian casualty by throw episode, which saw then Diamondbacks pitcher Randy Johnson take out a bird in a flurry of feathers back in 2001.
Like Truss, Sunak promised a tough approach to illegal immigration and vowed to expand the government’s controversial Rwanda immigration policy. At the time Johnson was running to lead Britain's Conservative Party and Sunak was a member of Parliament. Danny Lawson/PA Images/Getty Images Sunak speaks during a general election debate in Cardiff, Wales, in November 2019. Danny Lawson/PA/Getty Images Sunak delivers a speech during the annual Conservative Party Conference in Manchester in October 2021. Hollie Adams/Bloomberg/Getty Images Sunak and Murty are seen with their daughters, Krishna and Anoushka, while campaigning in Grantham, England, in July 2022.
Here are the companies making headlines before the bell:Johnson & Johnson (JNJ) – Johnson & Johnson shares rose 1.4% in the premarket after beating top and bottom line estimates for the third quarter, helped by growth in pharmaceutical sales. Hasbro had cut its sales forecast earlier this month, noting increased consumer sensitivity to higher prices. Goldman Sachs (GS) – Goldman earned $8.25 per share for the third quarter, beating the $7.69 consensus estimate, while revenue topped Wall Street forecasts as well. XPO Logistics (XPO) - XPO issued a preliminary third-quarter sales forecast that was slightly below analyst estimates and would be its smallest quarterly sales since 2015. However, the transportation company also raised its profit forecast, and the stock rose 1.5% in premarket trading.
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