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"They know how to put on a tight gun case." Biden's trial is not necessarily a lost cause. This arrangement has perversely allowed Weiss to politicize the proceedings unchecked, Hunter Biden's lawyers argued. There's no evidence that Biden even loaded or used the gun before his brother's widow, Hallie Biden, threw it out. "Obviously, the conduct that the government ought to be addressing is whether somebody is on drugs and high while they're shooting a gun," Levin said.
Persons: , Hunter Biden, Abbe Lowell, Prosecutors, Biden, Sarah Krissoff, didn't, Maryellen Noreika, Donald Trump, Lowell, Jared Kushner, Sens, Robert Menendez, John Edwards —, Joe Biden, ROBERTO SCHMIDT, David Weiss, General Merrick Garland, Weiss, Hunter, Noreika, Trump, Republicans gloated, Hallie Biden, Cozen O'Connor, Hunter Biden's, Duncan Levin, Levin, He's, Krissoff, Evelyn Hockstein, Neama Rahmani, Rahmani, there's Organizations: Service, Business, Alcohol, Tobacco, Firearms, Explosives, AFP, Getty, Republicans, US Justice Department, Republican, U.S, U.S . Department of Justice, Hill, REUTERS, Justice Department, West, Creative Locations: Wilmington , Delaware, Manhattan, Delaware, California, New York, Texas
One expert said eVTOLs fly at low altitudes and could create airspace and security challenges. The US's first electric vertical-takeoff and -landing aircraft are expected to fly commercial passengers as soon as 2025. It still needs further approvals to fly for airlines like United, but the latest certificate puts it one step closer. Archer's Midnight aircraft are typically shorter range, with the Midnight flying up to 100 miles on one charge. Joby plans to use the four urban vertiports as a citywide commercial eVTOL air link around Dubai.
Persons: eVTOLs, , Archer, Bryan Bernhard, Bernhard, Archer's, Pete Syme, Henry Harteveldt, Joby, Rani Plaut, Harteveldt, Bernard, Archer Aviation's, Archer Aviation Bernhard Organizations: Infrastructure, Service, Royal Aeronautical Society, American Airlines, United Airlines, Virgin Atlantic Airways, US Air Force, JPMorgan, Newark Liberty International, O'Hare International, Archer, Midnight, Joby Aviation, FAA, NASA, Joby, Air, Delta Air Lines, Federal Aviation, Archer Aviation Locations: Manhattan, New Jersey, Chicago's, Henry, Dubai, Japan, New York City, San Francisco, Washington, London, Paris
Goldman Sachs reiterates Nvidia as buy Goldman said it's sticking with its buy rating on the stock. JPMorgan upgrades StoneCo to overweight from neutral JPMorgan said in its upgrade of the fintech solutions company that it has "appealing" potential for earnings growth. Morgan Stanley reiterates JPMorgan as overweight Morgan Stanley said it's even more bullish on the stock after a meeting with company management. " JPMorgan reiterates Alphabet as overweight JPMorgan said the company is on the "offensive in Gen AI." JPMorgan reiterates Broadcom as overweight The firm said it's sticking with its overweight rating on shares of Broadcom.
Persons: Morgan Stanley, Tesla, Oppenheimer, DA Davidson, Davidson, Goldman Sachs, Goldman, Bernstein, FANG, Redburn, it's bullish, osteogenesis, it's, Robinson, JPMorgan, Disney, Evercore, Moffett, Carvana Organizations: Walmart, Apple, company's, Conference, Nvidia, Energy, Midland shaleco, Endeavor Energy Resources, Airlines, United, Citi, eBay, JPMorgan, BMO, UBS, Mizuho, SEE, P Containers, Deutsche Bank, Deutsche, Google, Jefferies, DFS, Disney, Netflix, CTV, Broadcom Locations: China, Midland, Rocklin
In the days since a Manhattan jury found Donald Trump guilty of 34 felony counts, people have mostly been asking one big question. Over the past few days, our colleagues at The New York Times and at the Siena College Research Institute have been trying to answer that question. They spoke with 1,900 people they had previously polled to find out how they are currently thinking. But some have — and they are moving away from Mr. Trump. This week, Astead speaks with voters about how they are thinking about the presidential race after Mr. Trump’s conviction, including with people in one significant group: Trump supporters who said in October that if he were convicted and sentenced, they would back President Biden.
Persons: Donald Trump, Trump, Astead, Trump’s, Biden Organizations: The New York Times, Siena College Research Institute Locations: Manhattan
Washington CNN —Donald Trump hasn’t shown much interest in reaching out to Republicans who hate him. Or, he argued, “they’re likely to stay home.”Hutchinson told CNN he won’t stay home himself, but he won’t vote for Biden or Trump. “This swath of Republican strategist types are literally begging the Biden campaign to give them a reason to support him,” a former House Republican leadership aide told CNN. “You can hold your nose and vote for Biden and not be in public screaming about it. But Purcell has also not yet heard from the Biden campaign this time.
Persons: Washington CNN — Donald Trump hasn’t, Joe Biden, Adam Kinzinger’s, Austin Weatherford, Nikki Haley, Haley, Biden, Anita Dunn, Cassidy Hutchinson, Anthony Scaramucci, Liz Cheney, John Kasich, Trump, Cindy McCain, shouldn’t, , , Jen O’Malley Dillon, they’ve, mattering, Denver Riggleman, Kinzinger, Paul Ryan, Chris Christie, Mike Pence, Mark Cuban, doesn’t, he’s, Joe, , Larry Hogan, I’m, ’ ” Hogan, ” Hogan, they’re, Carolina Sen, Lindsey Graham, it’s Biden, Asa Hutchinson, Daisy Bates, Hutchinson, “ You’ve, you’re, ” Hutchinson, “ they’re, won’t, Indiana Sen, Todd Young –, Biden –, ” Young, Young, Christine Todd Whitman, George W, Bush, ” Whitman, Whitman, Joe Walsh, don’t, MAGA, Claudine Schneider, Schneider, Geoff Duncan, Donald Trump, ’ ” Duncan, ” Duncan, “ ‘ Will, Biden George H.W, Hillary Clinton, “ he’s, He’s, Howard Stern, “ Where’s Jeb Bush, Where’s George Bush, ’ ” Biden, Jeb Bush, Hogan, Kristopher Purcell, Purcell Organizations: Washington CNN, Republican, White, Trump, Democratic, Ohio Gov, CNN, Republicans, Trump Republican, Virginia Rep, Denver, Trump Republicans, Former New Jersey Gov, Tech, Biden, Senate, South, Capitol, New, Environmental Protection Agency, Independents, Illinois, Republican Party, MAGA Republicans, Congress, Trump ., Bush Republicans, Maryland Senate Locations: Biden’s, Wilmington, Israel, Ukraine, Former, Dallas, Maryland, Baltimore, York, South Carolina, Carolina, Arkansas, New Jersey, Trump, Rhode Island, Georgia
How to watchThe NBA Finals will be broadcast exclusively on ABC in the United States. 8 seed Miami Heat in the Eastern Conference Finals and Jayson Tatum’s performances in the 2022 NBA Finals being examples of these concerns. “Having nine days off [before the Finals] is good for your body and for everybody to get healthy, but we’re in the NBA Finals and we’re all so anxious and excited to play. ET• Game 4: Celtics vs. Mavericks, June 14 - 8:30 p.m. ET• *Game 7: Mavericks vs. Celtics, June 23 - 8:00 p.m.
Persons: Jimmy Butler, Donovan Mitchell, Tyrese, Joe Mazzulla, Larry O’Brien, Jayson Tatum, Jason Miller, Jayson Tatum’s, , ” Tatum, we’ve, don’t, “ I’m, Jaylen Brown, Justin Casterline, Dirk, Daniel Gafford, PJ Washington, Luka Dončić, Kyrie Irving, Dereck Lively, Derrick Jones Jr, Dončić, Jason Kidd, Kidd, Dirk Nowitzki, David Berding, ” Irving Organizations: CNN, Boston Celtics, Dallas Mavericks, NBA, ABC, BBC, TNT Sports, Celtics, Miami Heat, Cleveland Cavaliers, Indiana Pacers, Los Angeles Lakers, Getty, Eastern, , ESPN, Pacers, Mavericks, Miami Locations: United States, Tyrese Haliburton, Boston, Dallas
Republican allies of Donald J. Trump are calling for revenge prosecutions and other retaliatory measures against Democrats in response to his felony conviction in New York. Within hours of a jury finding Mr. Trump guilty last week, the anger congealed into demands for action. leaders in and out of government have demanded that elected Republicans use every available instrument of power against Democrats, including targeted investigations and prosecutions. What is different now is the range of Republicans who are saying retaliation is necessary and who are no longer cloaking their intent with euphemisms. Mr. Miller posed a series of questions to Republicans at every level, including local district attorneys.
Persons: Donald J, Trump, Trump’s, Stephen Miller, Miller Organizations: Republicans, Democrats, Fox News Locations: New York
The ongoing AI boom helped catapult Nvidia's market valuation to $3.014 trillion. With Nvidia now bigger than Apple, the AI chip maker is just slightly behind Microsoft as the world's biggest company. Nvidia's valuation was just above $950 billion a year-ago and was about $400 billion in November 2022 when OpenAI first released ChatGPT to the public. Apple held a market valuation of $3.00 trillion Wednesday afternoon, or about $15 billion below Nvidia's current valuation. With Apple surpassed, Nvidia is behind only Microsoft, which is the world's most valuable company with a market capitalization of $3.15 trillion.
Persons: , OpenAI, Beth Kindig, Kindig Organizations: Nvidia, Apple, Microsoft, world's, Service, Fund
Senator Rick Scott is so furious over the felony conviction of former President Donald J. Trump that the Florida Republican says he and his colleagues need to take it out on the Senate, by acting as disrupters and blocking all Biden administration nominees and legislation. “We can’t have business as usual,” Mr. Scott insisted as the Senate convened this week for the first time since Mr. Trump’s trial ended in New York with a fusillade of “guilty” verdicts. Yet so far at least, business as usual it is. Despite the far-right conservative bloc vowing to draw the line against White House nominees and Democratic legislation, three nominees — one a judge for the usually pummeled District of Columbia, no less — have breezed through the Senate this week with plenty of Republican backing. side is willing to draw such a hard line in a fit of pique.
Persons: Rick Scott, Donald J, Trump, Mr, Scott, Trump’s, Mitch McConnell of Organizations: Florida Republican, Biden, White, Democratic, of Columbia, Senate, Republican Locations: Florida, New York, pummeled, Mitch McConnell of Kentucky
Hewlett Packard Enterprise — The technology stock climbed 15% after Hewlett Packard reported stronger-than-expected results for its fiscal second quarter. Dollar Tree — The discount retailer slipped 2% after reporting first-quarter results that were in line with analysts' expectations, according to LSEG. PVH — Shares slipped more than 1% after the luxury clothing brand owner announced that Martijn Hagman, CEO of Tommy Hilfiger Global and PVH Europe, would be leaving the company. PVH also reported a first-quarter earnings and revenue beat and raised its full-year earnings guidance. Instacart — Shares of the e-commerce company rose nearly 2% after an upgrade to buy from hold at research firm Gordon Haskett.
Persons: CrowdStrike, LSEG, Hewlett Packard, Rick Dreiling, PVH, Martijn Hagman, Tommy Hilfiger, Nio, Roaring Kitty, Tom O'Malley, Gordon Haskett, Hanesbrands, , Jesse Pound Organizations: Hewlett Packard Enterprise, PVH, Reuters, AMC Entertainment, GameStop, Materials, KLA, Barclays, Taiwan Semiconductor Manufacturing, Authentic Brands Locations: PVH Europe, China
For nearly four years, Republicans have delved into the darkest corners of Hunter Biden’s life, seeking to tie his troubles to his father, President Biden. But as the younger Biden stands trial in Delaware on gun charges, the case’s glaring political contradictions have rendered the G.O.P. It stands to reason: The baseless claim that the Biden Justice Department is running a political persecution of Mr. Trump is somewhat undermined by the department’s prosecution of the president’s son. So beyond the professional provocateurs in Washington and the right-wing media, Republicans have decided to say as little as possible. “I wouldn’t read too much into a lot of people not talking about it right now,” cautioned Representative Kelly Armstrong, Republican of North Dakota, and a leader of the House investigation of Hunter Biden.
Persons: Hunter, Biden, Donald J, Trump, Hunter Biden, , Kelly Armstrong, “ There’s Organizations: Republicans, Biden Justice Department, Republican Locations: Delaware, Washington, North Dakota
forward — rose in a Delaware courtroom to declare that the Justice Department’s sweeping immunity deal with Hunter Biden was not nearly as sweeping as the defense believed. His transfer coincided with efforts by congressional Republicans to portray Mr. Weiss — a Trump appointee held over by President Biden’s aides — as offering “a sweetheart deal” to the Bidens. In early 2023, he published a memoir covering the police trial, describing himself as “the prosecutor who took down Baltimore’s most crooked cops.”Mr. But he was passed over because it was believed he might clash with prosecutors in the U.S. attorney’s office in Washington, they said. Ms. Monaco eventually chose another prosecutor from Maryland, Thomas P. Windom, to run the team.
Persons: — bespectacled, Department’s, Hunter Biden, Leo J, Wise, , . Wise, Biden, Biden’s, David C, Weiss, Mr . Wise, , , Catherine Pugh, ” Mr, Philip Morris, Kathryn Ruemmler, Barack Obama’s, Lisa O, Donald J, Monaco, Thomas P, Windom Organizations: Trump, Baltimore U.S, Harvard Law, Navy Reserve, Justice Department, Enron, Capitol, Monaco Locations: Delaware, Baltimore, Los Angeles, U.S, Wilmington, Washington, Maryland
Senate Republicans on Wednesday blocked action on legislation to codify the right to contraception access nationwide, a bill Democrats brought to the floor to spotlight an issue on which the G.O.P. is at odds with a vast majority of voters. All but two Republicans present — Senators Lisa Murkowski of Alaska and Susan Collins of Maine — voted against advancing the legislation. “This should be an easy vote,” Senator Patty Murray, Democrat of Washington, said on the Senate floor ahead of the vote. “It almost shouldn’t be necessary.”But Ms. Murray said that Republican lawmakers have made it so by seeking to advance anti-abortion legislation that could limit access to contraceptives like Plan B and IUDs.
Persons: Lisa Murkowski, Susan Collins, Maine —, Patty Murray, Murray Organizations: Democrat, Republican Locations: Alaska, Washington
Betting on AckmanBill Ackman has gained new prominence in recent months for his outspoken presence on social media. But he has also made riches for his investors and himself — and now others are hoping he’ll continue to do so. His Pershing Square Capital Management has sold a 10 percent stake for just over $1 billion to an array of outside investors, giving the hedge fund a lofty valuation. The question is whether Ackman’s newfound fans on social media will follow him as he grows his empire, including through a new listed fund and, eventually, an I.P.O. That has bolstered Ackman’s paper worth to $8 billion, Bloomberg calculates, making him 333rd among the world’s wealthiest people.
Persons: Bill Ackman, , he’ll, BTG, Marc Lasry, Doug Hirsch Organizations: Pershing, Capital Management, Arch Capital, Iconiq Investment Management, Bloomberg
"The company made a massive switch in its consumer mix," said Sandeep Rao, a senior researcher at Leverage Shares, an investment management company. As for competition, even if Nvidia's contenders appear weak, more entrants will grab market share. Beth Kindig, the CEO and lead tech analyst for the I/O Fund, estimates that AMD's market share could reach 20%. Nvidia and AMD have similar production costs since neither makes their GPUs but uses the same supplier, Taiwan Semiconductor (TSMC). "So AMD is a little bit behind in terms of performance," Rao said.
Persons: Sandeep Rao, corporates, Rao, Nvidia's, Blackwell, Rubin, AMD'sRadeon, Beth Kindig, Nvidia's Blackwell Organizations: Service, Apple, Microsoft, Business, Nvidia, Semiconductor, Nvidia Investors, AMD, Taiwan Semiconductor, Intel, Baidu Locations: China, India
Learn moreThe complicated history behind the LA Clippers is finally getting the miniseries treatment with a new FX on Hulu series. Keep reading to learn everything you need to know about where to watch Clipped. Clipped tells the scandalous story of former Clippers owner Donald Sterling's (Ed O'Neill) reign. Keep reading to learn all of the details on Clipped, including what time new installments drop and how many episodes are expected this season. How to watch Clipped in the USNew episodes of Clipped are available to stream on Tuesdays at 12 a.m.
Persons: Donald Sterling's, Ed O'Neill, Doc Rivers, Laurence Fishburne, Donald, Shelly, Jacki Weaver, Stiviano, Cleopatra Coleman, Gina Welch, ExpressVPN Organizations: Business, LA Clippers, Hulu, Clippers, NBA, The Sterling Affairs, ESPN Locations: United States
The House voted mostly along party lines on Tuesday to impose sweeping sanctions on officials at the International Criminal Court in a rebuke of efforts by the court’s top prosecutor to charge top Israeli leaders with war crimes in connection with the offensive against Hamas. The bill would compel President Biden to restrict entry into the United States, revoke visas and impose financial restrictions on anyone at the court involved in trying to investigate, arrest, detain or prosecute “protected persons,” or allies of the United States. It would also target anyone who provides “financial, material or technological support” to those efforts. Mr. Biden’s advisers said he was “strongly opposed” to the measure because it would impose sanctions on such a broad swath of officials, including court staff members and any witnesses involved in a potential case. The G.O.P.-written bill passed by a vote of 247 to 155, with two Republicans voting present and 42 Democrats crossing party lines in support.
Persons: Biden, , Organizations: Criminal, Hamas Locations: United States, Washington
President Biden’s campaign has been clear: He will debate former President Donald J. Trump only one-on-one. That hasn’t stopped Robert F. Kennedy Jr. from trying. As the deadline to qualify for the June 27 debate draws closer, Mr. Kennedy, who is running for president as an independent, has said he’s confident he can still meet host CNN’s requirements, while ramping up accusations that the news organization rigged the process. But Mr. Kennedy’s rivals do have a mutual interest in boxing him out, as The New York Times previously reported. Mr. Kennedy is drawing support away from both Mr. Biden and Mr. Trump, and both campaigns are concerned about the potential for him to swing the election in key battleground states.
Persons: Biden’s, Donald J, Trump, hasn’t, Robert F, Kennedy Jr, Kennedy, , ” Mr, , Biden Organizations: CNN, Biden, Trump, “ CNN, ” CNN, New York Times
Ron Edmonds, a photographer for The Associated Press who won a Pulitzer Prize for a dramatic series of pictures of the attempted assassination of President Ronald Reagan and the takedown of the gunman outside a Washington hotel in 1981, died on Friday in Falls Church, Va. His wife, Grace Feliciano Edmonds, said he died in a hospital from pneumonia linked to a bacterial infection. It was only Mr. Edmonds’s second day on the White House beat when he was assigned to cover a speech by President Reagan to an A.F.L.-C.I.O. group at the Washington Hilton on March 30, 1981. After rushing to leave the hotel ahead of the president, Mr. Edmonds positioned himself on the other side of the presidential limousine, expecting that Reagan would do little more than wave to onlookers before returning to the White House.
Persons: Ron Edmonds, Ronald Reagan, Grace Feliciano Edmonds, Edmonds’s, Reagan, Edmonds Organizations: Associated Press, White House, Washington Hilton Locations: Washington, Falls Church, Va
Honorary President of the Britain's right-wing populist party Reform UK and newly appointed leader Nigel Farage speaks during a campaign meeting, on June 3, 2024, ahead of the UK general election of July 4. Nigel Farage on June 3, 2024 said he would stand as a candidate for the anti-immigration Reform UK party at the UK general election next month, after initially ruling out running. LONDON — The shock return of Brexit figurehead Nigel Farage to the political fray could be the final nail in the coffin for Prime Minister Rishi Sunak's ruling Conservative Party ahead of its almost certain defeat in the upcoming U.K. elections. But, critically, it threatens to deprive key votes from the Conservatives, who are already trailing opposition Labour in the polls by a dramatic margin. "Even if Reform don't win seats, they'll drain key votes away from the Conservatives," Olivia O'Sullivan, director of Chatham House's U.K. in the World programme, told CNBC over the phone.
Persons: Nigel Farage, Rishi Sunak's, Farage, Donald Trump, , Olivia O'Sullivan, Tony Blair's, Keir Starmer, Tony Travers Organizations: Reform UK, UK, Conservative Party, U.S, Reform, Brexit Party, Conservatives, Labour, Chatham House's, CNBC, London School of Economics, Party Locations: Clacton, England
Read previewSwedish telecommunications-equipment company Ericsson plans to shut down Emodo, the advertising business it launched in 2017, multiple people familiar with the matter told Business Insider. "Emodo was created in a strategic play for Ericsson to provide our telco customers with monetization opportunities through digital advertising," an Ericsson spokesperson said in a statement. Emodo had only this year brought on a new team to help it build AI-powered ad solutions for connected TV. The closure of Emodo marks the latest in a long line of telco-adtech collaborations that have bitten the dust. The Singaporean telecoms company Singtel divested its Amobee adtech division to the adtech company Tremor International, now known as Nexxen, in 2022.
Persons: , Emodo, Andrew Rutledge —, DoubleClick, Matt Prohaska, Prohaska Organizations: Service, Ericsson, Business, CTV, Samsung, Verizon, Yahoo, AOL, Microsoft, Singtel, Prohaska Consulting Locations: Xandr
Check out the companies making headlines in midday trading: Bath & Body Works — Shares of Bath & Body Works sank nearly 13% and headed for their worst day since 2021. Bath & Body Works expects earnings to range between 31 cents and 36 cents a share, behind a FactSet estimate of 38 cents in earnings per share. Saia — The freight company popped 6.7% after it posted higher less-than-truckload shipments per workday for April and May compared to a year earlier. Shares of BP and Exxon Mobil fell around 2.3% and 1.6%, respectively, while Diamondback Energy and Chevron shares fell nearly 1%. Stanley Black & Decker — The industrials stock fell about 3.7% after Barclays downgraded the stock to equal weight from overweight.
Persons: Keith Gill, Goldman Sachs, TZE, Goldman, Stanley Black, Decker, Julian Mitchell, Oppenheimer, Jed Kelly, , Samantha Subin, Michelle Fox, Yun Li, Pia Singh, Lisa Han Organizations: Body, O Cruises, Carnival Cruise, GameStop, Street, Trade, Dominion Freight, Technologies, Energy, BP, Exxon Mobil, Diamondback Energy, Chevron, Barclays
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New York CNN —Logan Paul’s Prime drink has some new competition in the form of the G.O.A.T. And the drink is also a new foray into non-alcoholic drinks for Mark Anthony Brands, as Americans consume less alcohol. Más+ by Messi is a low-sugar drink containing electrolytes and vitamins without artificial sweeteners, colors or caffeine. Hydration and energy drinks are projected to be a $60 billion market by 2032, growing roughly 6% annually, according to Precedence Research. “Gen Alpha is up for grabs, and that is who these new generation energy drinks are aiming to capture especially as they enter teenage years.”
Persons: New York CNN — Logan, Lionel Messi, White, Mark Anthony Brands, Messi, Miami Punch, Ballon, Seltzer, Andrea Hernández, , , ” Hernández, Alpha Organizations: New, New York CNN, Soccer, Paul’s, Gatorade, Miami, Inter Miami, Orange, Major League Soccer, Messi, Beverage Co, Research, BodyArmor, CNN Locations: New York, Miami, America
The tech website Gizmodo has been sold to a European media company, the latest brand from the publisher G/O Media to go out the door. The buyer is Keleops Media, Jim Spanfeller, G/O Media’s chief executive, told the staff in an email on Tuesday. Mr. Spanfeller did not disclose the financial details of the sale, but said that it represented “a substantial premium from our original purchase price for the site.” A G/O Media spokesman declined to comment. Mr. Spanfeller said Keleops, which is based in France and Switzerland, had agreed to keep all of Gizmodo’s staff members, who would continue working in G/O Media’s New York office “at least for the near term.”“The site’s new owners are very excited to be getting a great brand with a talented group of journalists,” he wrote in the email, which was viewed by The New York Times.
Persons: Gizmodo, Jim Spanfeller, O, Spanfeller, Organizations: Media, Keleops Media, O Media, The New York Times Locations: European, France, Switzerland, York
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