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☆ Senate to Vote Again on Border Deal as Democrats Seek Political Edge
▼ + stars: | 2024-05-20 | by ( Luke Broadwater | ) www.nytimes.com time to read: +1 min

Senator Chuck Schumer, Democrat of New York and the majority leader, plans to push forward this week with a second vote on a bipartisan border enforcement bill that Senate Republicans killed earlier this year at the urging of former President Donald J. Trump. The measure is almost certain to be blocked again, but Democrats hope to use the failed vote to sharpen an election-year contrast with the G.O.P. on a critical issue that polls show is a major potential liability for President Biden and their candidates. Democrats will aim to neutralize the issue by showing voters that they and Mr. Biden have tried to get migration at the U.S. border with Mexico under control, but have been thwarted repeatedly by Republicans following the lead of Mr. Trump. “On cue, many of our Republican colleagues abruptly reversed course on their prior support, announcing their newfound opposition to the bipartisan proposal.”

Persons: Chuck Schumer, Donald J, Trump, Biden, “, Mr, Schumer, ” Organizations: Republicans, Republican Locations: New York, U.S, Mexico

☆ Democrats deeply regret not taking the border more seriously in Biden's term: Punchbowl's Sherman
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDemocrats deeply regret not taking the border more seriously in Biden's term: Punchbowl's ShermanJake Sherman, Punchbowl News co-founder, joins 'Squawk Box' to discuss the chance the border bill passes through Congress, Democrat's stance towards border policy, and how likely a new candidate emerges after the presidential debate.

Persons: Punchbowl's Sherman Jake Sherman Organizations: Punchbowl News Locations: Congress

☆ Creating an income-producing portfolio
▼ + stars: | 2024-05-20 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

A lot goes into creating and managing an income-producing portfolio that works for you. Knowing your expenses will give you a good sense of the income you’ll need. Ways to generate incomeTake the income you think you’ll need and subtract from that the income you expect. For example, if you need $65,000 a year but will only bring in $40,000, you’ll need to generate the other $25,000. • For money you’ll need in three to five years, use short-term corporate bonds as well as longer-term CDs.

Persons: it’s, Will, David Seufer, you’ll, Marguerita Cheng, ”, David Edmisten, Edmisten, Cheng, ” Seufer, “, ” Edmisten, Seufer, they’re, ” Cheng Organizations: New, New York CNN, Gravitas, Social Security, Blue, ” Capital, Social Locations: New York

☆ Analysts say Corona brewer is a buy despite slowdown in sales across the industry
▼ + stars: | 2024-05-20 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

Two Wall Street research firms are calling Constellation Brands a buy, arguing that worries over a key sales metric for the beer maker are overblown. Based on their bi-annual survey of the beer market, the analysts expect depletions for Constellation to rise 7% or more this year. Jim has been calling for Constellation to get out of wine and spirits and concentrate solely on beer. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: industrywide, Jefferies, Wells, Jim, Elliott, Bill Newlands, Newlands, Garth Hankinson, Jim Cramer's, Jim Cramer, Justin Sullivan Organizations: Constellation Brands, Jefferies, Modelo, Constellation, Wells, Elliott Management, CNBC Locations: Wells Fargo, Corona, Modelo, San Rafael , California

☆ An Ohio power company wants data centers to pay their fair share of electricity use as demand surges amid the AI boom
▼ + stars: | 2024-05-20 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +5 min

In a filing on Monday, AEP Ohio asked the state's public utilities commission to approve its proposals to create a new customer class and a set of tariffs specifically for data centers. On the other hand, data centers have created roughly "less than one" full time job per megawatt of energy consumed, the filing said. AEP Ohio's new service queue has been paused since March while the company assesses its response to the 30,000 megawatts of requests from data centers. "We believe some of that queue is speculative, but we want the real customers and counterparties to commit to Ohio," Reitter said. AdvertisementSome states, including Ohio, have a statute that allows power companies and data centers to seek approval for agreements that give the data centers heavily discounted electricity.

Persons: —, Marc Reitter, Reitter, counterparties Organizations: Service, AEP Ohio, Business, American Electric, AEP, —, AEP Ohio's, ratepayers Locations: Ohio, Columbus , Ohio, New York

☆ Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down
▼ + stars: | 2024-05-20 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Lordhenrivoton | E+ | Getty ImagesMany shoppers have been shocked by what they pay at the grocery store checkout. Many families dipped into their savings or turned to credit cards, buy now, pay later installment programs or payday loans to pay for groceries in 2023, according to new research from the Urban Institute. watch now"That might mean that folks are having to rely on liquidity sources other than their income to be able to meet their very basic needs, their food needs," she said. Households with greater levels of food insecurity were more likely to use payday loans, buy now, pay later programs or savings to pay for basic needs, according to the Urban Institute. Of those who used buy now, pay later for groceries, 37% of adults missed payments on those loans.

Persons: Kassandra Martinchek, It's Organizations: Getty, Urban Institute

☆ Value investor Bill Nygren thinks financials are cheap. These are his top holdings
▼ + stars: | 2024-05-20 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Don't overlook the the financial sector as the stock market trends higher, according to Oakmark Funds portfolio manager and noted value investor BIll Nygren. The Dow Jones Industrial Average closed above 40,000 for the first time on Friday, while both the Nasdaq Composite and S & P 500 entered Monday after four-week-long rallies. Despite the financial sector outperforming the broader market, banking and consumer finance stocks are cheaper compared to all S & P 500 companies, according to Nygren. The Financial Select Sector SPDR Fund (XLF) , which tracks the S & P 500 financials index, has returned 12.6% in 2024, including reinvested dividends, while the S & P 500 has returned less than 11.8%. His portfolio's top holdings include some of the country's largest banks, such as Citigroup and Wells Fargo , as well as regional banks like First Citizens .

Persons: BIll Nygren, Nygren, CNBC's Organizations: Dow Jones, Nasdaq, Citigroup Locations: Wells Fargo

☆ Stocks making the biggest moves midday: Hims & Hers Health, Norwegian Cruise Line, Target and more
▼ + stars: | 2024-05-20 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Wix.com — The web development company jumped more than 25% after it posted better-than-expected first-quarter results. Norwegian Cruise Line — The cruise line operator jumped more than 8% after Norwegian Cruise Line lifted its full-year earnings guidance. It also reported better-than-expected first-quarter results. Hasbro — Shares gained 3% after Morgan Stanley called Hasbro a top pick, saying its recent underperformance gives investors a strong entry point. Uranium stocks have recently gained after President Joe Biden signed a bill banning imports of Russian uranium for nuclear fuel.

Persons: Wix.com, Li Auto, Goldman Sachs, Morgan Stanley, Johnson, Elliott, Joe Biden, NuScale, — CNBC's Michelle Fox, Lisa Kailai Han, Alex Harring, Samantha Subin Organizations: Norwegian Cruise, Target, GameStop, Micron Technology, Hasbro —, Hasbro, Bloomberg News, Elliott Management, Nvidia, Microsoft, Dell Technologies Locations: Norwegian, U.S, NextDecade's Rio

☆ Dollar calm as traders await clues on U.S. rate path
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: +4 min

In this photo illustration, a person seen holding a 100 US dollar bill in his hand. The dollar was broadly steady on Monday as investors awaited further clues to help chart the U.S. interest rate path in the wake of cautious comments from Federal Reserve officials, even as inflation shows signs of cooling. The Japanese yen was flat at 155.74 per dollar, with traders on alert for any signs of government intervention. That has prompted traders to trim the amount of easing expected this year to about 46 bps, with only a rate cut in November fully priced in. In other currencies, sterling touched a two-month high of $1.2711 ahead of the crucial UK inflation report due on Wednesday.

Persons: Brian Jacobsen, Powell, Jackson, Flash PMIs, Paul Mackel, BoE, Charu Chanana Organizations: Federal Reserve, Annex Wealth Management, ANZ, European Central Bank, Bank of England, HSBC, New Zealand, Reserve Bank of New, Saxo Locations: Tokyo, Germany, U.S, Reserve Bank of New Zealand

☆ US Navy warships in the Red Sea are fighting off missiles new to combat that are 'way faster' than anything else, destroyer captain says
▼ + stars: | 2024-05-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Since then, the Iran-backed rebels have fired dozens of anti-ship ballistic missiles into the Red Sea and Gulf of Aden. An anti-ship ballistic missile "is just way faster than anything else, Cmdr. Jeremy Robertson, captain of the guided-missile destroyer USS Carney, told reporters during a media event on Monday. The Houthis maintain a sizable arsenal of anti-ship ballistic missiles, according to an analysis by the the International Institute for Strategic Studies think tank. US Navy guided-missile destroyer USS Carney defeats a combination of Houthi missiles and drones in the Red Sea on October 19, 2023.

Persons: —, Jeremy Robertson, Carney, MCS2 Aaron Lau, Robertson, we've, Dwight D, Eisenhower, Petty, Bill Dodge, The Carney, Lisa Franchetti, Franchetti Organizations: Service, Navy, Business, US Navy, International Institute for Strategic Studies, Central Command, AP, Israel, Naval, Fleet Locations: American, Iran, Gulf of Aden, Suez, Yemen, Tehran, Washington, Pacific, China, Souda Bay, Greece, Mayport , Florida

☆ Trump's election-law witness Bradley Smith is getting $1,200 an hour to testify — and spin reporters
▼ + stars: | 2024-05-20 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAs Donald Trump's criminal hush-money trial nears the end, the former president's defense team plans to call at least one witness — an ex-commissioner of the Federal Election Commission who's getting a whopping $1,200 an hour. Smith does not appear to be quoted in media coverage of Trump's hush-money case. Related storiesThe judges in both cases found that the defense improperly wanted Smith to interpret campaign finance law to the jury. AdvertisementIn putting Smith on the stand, Trump's defense team hopes to challenge the prosecution's argument that the hush-money payment breached those laws.

Persons: —, Donald, Commission who's, Bradley Smith —, Smith, he'd, Trump, Juan Merchan, Bill Clinton, Bradley Smith, Douglas Graham, Sam Bankman, Suarez, Trump —, Eli Bartov, Arthur Engoron, Engoron, Stormy Daniels, Michael Cohen, Cohen, Daniels, Melania Trump Organizations: Service, Commission, Republican, Business, New, Save America PAC —, New York University, The Manhattan, Attorney's, Prosecutors, Trump Locations: Trump's, Manhattan, States

☆ Opinion: Hardened like diamonds, these Gen Z protesters fight for a European future
▼ + stars: | 2024-05-20 | by ( Opinion Will Cathcart | ) edition.cnn.com time to read: +7 min

They snatch protesters from the crowd and drag them back into a mass of black uniforms. Will Cathcart Will CathcartHundreds of thousands of people have taken to the streets across Georgia in recent weeks to protest the government’s adoption of a Kremlin-inspired “foreign agents” bill. As with the foreign agents law, the bill’s authors claim it promotes transparency, an absurd notion. The foreign agents bill is a symptom of a deeper issue – money. The pressures of authoritarian intimidation and systematic violence have hardened Georgia’s young protestors like diamonds.

Persons: Will Cathcart, Mikheil Saakashvili, Cathcart Will Cathcart, Vladimir Putin’s, Putin, Hans Gutbrod, ”, Salome Zourabichvili, aren’t, Gen Z, Europe –, Giorgi Arjevanidze, Bidzina Ivanishvili, Party ” –, Mamuka Mdinaradze, Shalva Papuashvili, – “, “, James O’Brien’s, Ivanishvili, Zviad Organizations: CNN, Tbilisi CNN — Riot, Georgian, Ilia State University, European Union, Getty, Global, Party, Georgian Orthodox Church, US, State, Eurasian Affairs, Fletcher School of Law, NATO, Special Forces Exchange Locations: American, Tbilisi, Georgia, Russia, Belarus, Kyrgyzstan, Europe, AFP, Georgian, Soviet, Russian, United States, Brussels, Washington, Moscow, EU

☆ What Donald Trump might do if he wins a second term in 2024
▼ + stars: | 2024-05-20 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +11 min

Read previewIn January 2025, Donald Trump may be sworn into office as the 47th President of the United States. Another Trump term, on the other hand, would likely entail a radical reversal from not just the previous four years, but even from Trump's first term in office. While not exhaustive, here's just some of what to expect in a second Trump administration. Miller told The New York Times that a second Trump administration would build "vast holding facilities that would function as staging centers" on "open land in Texas near the border." According to Bloomberg, Trump wants to extend those cuts in a second term.

Persons: —, Donald Trump, Joe Biden, Biden, Trump, Trump's, That's, mifepristone, Stephen Miller, Miller, Alex Wong, Nixon, shouldn't, he's, Israel, there's Organizations: Service, Business, Trump, The New York Times, Heritage Foundation's, Senate, Federal Communications Commission, Federal Trade Commission, Federal Reserve, Congress, TIME, Republican, National Guard, United, Department of Justice, Capitol Police, Atlantic Treaty Organization, State Department, Pentagon, Bloomberg, American, Security, Social Security, CNBC Locations: United States, Texas, CPAC, China, Ukraine, Gaza, Israel, Europe, Washington ,

☆ Budget airline Ryanair posts record annual profit as passenger numbers soar above pre-Covid level
▼ + stars: | 2024-05-20 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Low-cost carrier Ryanair on Monday reported its best-ever annual profit, as passenger and revenue growth offset sharply higher operating costs. The Dublin-based firm said full-year profit after tax jumped 34% to 1.92 billion euros ($2.09 billion), and announced a 700-million-euro share buyback program. Revenue rose 25% year-on-year to 13.44 billion euros as the airline served 184 million passengers, 23% more than before the Covid pandemic. Ryanair Chief Financial Officer Neil Sorahan told CNBC's "Squawk Box Europe" Monday that its share buyback reflected a "very strong" balance sheet. "Our priorities have been very much: restore the pay for our people after Covid, bring in pay increases, pay down the debt," he said.

Persons: Neil Sorahan, CNBC's, we've, actualy Organizations: Ryanair, Revenue Locations: Dublin

The Joint Program Office declined to comment to Military.com regarding the restriction. A spokesperson for the Marine Corps could not provide details on the restriction but said efforts are underway to return the aircraft to full operations. Pedro Caballero, a spokesperson for the Marine Corps, told Military.com when asked whether the restrictions applied to its roughly 350 Ospreys, the vast majority of the military's fleet. US Marine Corps MV-22B Ospreys take off at Port Darwin in Australia. An MV-22B Osprey conducts an external lift with US Marines during helicopter support team training at Marine Corps Air Station in Miramar, California.

Persons: —, Military.com, Beth Teach, Cpl, Juan Torres, Capt, Pedro Caballero, Caballero, Colton Martin Lt, Rebecca Heyse, Amelia Kang, Brian Taylor, Taylor, Juan Paz Taylor Organizations: Service, Force, Marine Corps, Ospreys, Business, Navy, Naval Air Forces, Office, Naval Air Systems Command, Royal Australian Air Force Base, US Marine Corps, Corps, Port Darwin, Air Force Special Operations Command, Greyhound, House Armed Services, US Marines, Marine Corps Air, Services, Aviation, Air Force, Marines, Program Office, Marine, US Air National Guard, Staff Locations: Japan, Port, Australia, Miramar , California, Darwin, Washington ,, Lemonnier, Djibouti

☆ How Red Lobster’s misguided endless shrimp promotion drove it into bankruptcy
▼ + stars: | 2024-05-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

Red Lobster filed for bankruptcy Sunday, and the bankruptcy filing sheds new light on Thai Union’s role in the endless shrimp mishap. Red Lobster said it is investigating the circumstances of that promotion, which Red Lobster management opposed. Michael Nagle/Bloomberg/Getty Images“This decision created both operational and financial issues for [Red Lobster]… saddling the company with burdensome supply obligations” to Thai Union, Red Lobster said in the filing. “Certain operational decisions by former management have harmed [Red Lobster’s] financial situation in recent years,” Red Lobster said in its bankruptcy filing. Red Lobster stallsBut Red Lobster fell behind its sister brand Olive Garden under Darden.

Persons: Michael Nagle, ”, Alex Susskind, Susskind, General Mills, Bill Darden, Charley Woodsby, Darden, ” Woodsby, Jonathan Maze, Betty Crocker, Red, Mills, Cyrus McCrimmon, ” Joe Lee, Olive, Red Lobster’s, “ Darden, ” Les Foreman, Anthony Behar, SIPPL, AP Darden, they’ve, John Gordon, “, Patrick T, Fallon, Thiraphong Chansiri, ” “, ” Chansiri Organizations: New, New York CNN, Union became Red, Thai Union, Red Lobster, Bloomberg, Getty, Cornell University, CNN, Baby Boomers, General, Howard, Restaurant Business, Darden, Lobster, Denver Post, Harvard Business School, Longhorn, AP, Gate, ‘, Thai, Getty Images Thai Union, ” Thai Locations: New York, Thai Union, Bangkok, Thai, underinvestment, Lakeland , Florida, Orlando, America, Olive, Square , New York, Sale, Torrance , California, AFP

☆ It's shaping up to be a tough summer for the stock market, but Nvidia could help salvage things
▼ + stars: | 2024-05-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we examine how this summer is shaping up to be tough for the stock market . Stocks are on track to either remain flat or turn negative going forward , according to two market vets Jennifer spoke to. The pessimism about stocks' future is due to a few factors. Some Nvidia employees are considered to be millionaires SOPA ImagesThere is, however, one company that could salvage things: Nvidia. As the key chipmaker in the space, a win for Nvidia is a win for everyone betting on AI being the future.

Persons: —, Jenny Chang, Rodriguez, Jennifer Sor, Stocks, Jennifer, It's, Jerome Powell, BI's Linette Lopez, Warren Buffett Scott Morgan, Warren, Berkshire Hathaway, Goldman Sachs, Michael Burry, John Paulson, Alyssa Powell, Gen Zers, Instagram, Vincent Sandoval, Getty, Henrik Sorensen, Tyler Le, Larry Ellison, it's, aren't, Cash, Bill Lee, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, New York Knicks, NBA, Business, Getty, Fidelity, Hamptons, Nvidia, Reuters, Berkshire, JPMorgan, Meta, Sciences, Apple, The Locations: Montauk, Berkshire, New York, London

☆ Bill Gates thinks you should read this new book to get smarter on how AI will transform education
▼ + stars: | 2024-05-20 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +1 min

Bill Gates has taken to social media to tout a new book focused on AI and education. The book is authored by Salman Khan, the founder and CEO of the educational platform Khan Academy. Gates has been optimistic about AI's impact on education but says we'll still need teachers. AdvertisementBill Gates, the Microsoft cofounder and renowned bookworm, has taken to social media to share his latest book recommendation. Gates touted the book, "Brave New Words: How AI Will Revolutionize Education (and Why That's a Good Thing)," by Salman Khan, the founder and CEO of Khan Academy, an educational nonprofit that aims to provide free learning resources.

Persons: Bill Gates, Salman Khan, Gates, we'll, — Organizations: Khan, Service, Microsoft, Education, Khan Academy, Business

☆ Ocasio-Cortez Backs N.Y. Bill Limiting Donations to Israeli Settlements
▼ + stars: | 2024-05-20 | by ( Karen Zraick | ) www.nytimes.com time to read: +1 min

A long-shot effort by left-leaning New York state lawmakers to curtail financial support for Israeli settlements has drawn a big-name backer — but she doesn’t have a vote in Albany. Representative Alexandria Ocasio-Cortez, who rarely wades into state politics, publicly backed a bill on Monday that could strip New York nonprofits of their tax-exempt status if their funds are used to support Israel’s military and settlement activity. Her involvement underscores the extent to which the war in Gaza and Israel’s treatment of Palestinians more broadly have animated the left flank of the Democratic Party as a pivotal election approaches. “It is more important now than ever to hold the Netanyahu government accountable for endorsing and, in fact, supporting some of this settler violence that prevents a lasting peace,” Ms. Ocasio-Cortez said at a news conference. It was widely criticized by Albany lawmakers and declared a “nonstarter.” Now its sponsors say they plan to revise the bill to prohibit “aiding and abetting” the resettling of the Gaza Strip or providing “unauthorized support” for Israeli military activity that violates international law.

Persons: —, Representative Alexandria Ocasio, Cortez, Netanyahu, ” Ms, Ocasio, Zohran Mamdani, Jabari Brisport, ” Organizations: Representative, Democratic Party, West Bank, Albany Locations: New York, Albany, York, Gaza, New York State

☆ Eric Molitor was acquitted on charges related to the Gretchen Whitmer kidnapping plot. Now he’s running for sheriff
▼ + stars: | 2024-05-19 | by ( Alison Main | ) edition.cnn.com time to read: +6 min

CNN —A man acquitted last year on charges linked to a 2020 plot to kidnap Michigan Gov. Gretchen Whitmer is now looking to unseat an incumbent county sheriff. Eric Molitor has filed to run in the Republican primary this August against Trent Taylor, the sheriff of deep-red Wexford County in Northern Michigan. Taylor told CNN he believes he’s constitutionally obligated to enforce the state’s laws and that it would be “reckless” not to do so, as Molitor has said he would. Molitor told CNN his experience opened his eyes to flaws in the justice system.

Persons: Gretchen Whitmer, Eric Molitor, Trent Taylor, ”, Taylor, “, Molitor, Whitmer, he’s, ” Taylor, ” Molitor, we’ve, Dan Pfannes, Pfannes, MAGA, Donald Trump’s “, Trump, Michele Lundgren, Dana Nessel, ’ ”, CNN’s Lauren del Valle, Veronica Stracqualursi, Josh Campbell, Michelle Watson Organizations: CNN, Michigan, Republican, Democrat, Michigan State University, Northern, Capitol, Michigan House, Democrats, The Michigan Sheriffs ’ Association, Michigan Democratic Party, MAGA Republican, Michigan Republicans won’t, Republican Party Locations: Wexford County, Northern Michigan, Cadillac , Michigan, Michigan, Wexford

☆ Minnesota lawmakers strike minimum pay deal for Uber, Lyft drivers
▼ + stars: | 2024-05-19 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

New York CNN —Minnesota government officials have struck a deal with rideshare companies Uber and Lyft to set minimum wage standards for drivers, lawmakers announced Saturday night. The rule was delayed after Lyft and Uber warned they would leave Minneapolis. State lawmakers have been focused on compromising with the companies before a July 1 deadline. Under the new agreement, the statewide minimum wage rate for rideshare drivers will be $1.28 per mile and $0.31 per minute. “We applaud the tens of thousands of riders & drivers who sent close to 100,000 emails to legislators — your voices were heard.

Persons: Uber, Lyft, Jamie Long, ” Long, ”, Erin Murphy, Josh Gold Organizations: New, New York CNN, Minnesota, Democratic, Minneapolis City Council, Governor Locations: New York, Minnesota, Minneapolis, State

☆ A New Centrism Is Rising in Washington
▼ + stars: | 2024-05-19 | by ( David Leonhardt | ) www.nytimes.com time to read: +1 min

The Republican Party has moved to the right by many measures, and the Democratic Party has moved to the left. One consequence of this polarization, politicians and pundits often say, is gridlock in Washington. These years have been arguably the most productive period of Washington bipartisanship in decades. After the bill’s passage, far-right House Republicans tried to oust Speaker Mike Johnson because he did not block it — and House Democrats voted to save Johnson’s job. Last week, the House advanced another bipartisan bill, on disaster relief, using a rare procedural technique to get around party-line votes.

Persons: Washington bipartisanship, Biden, Mike Johnson Organizations: Republican Party, Democratic Party, Republicans, Postal Service, Trump, House Democrats Locations: Washington, Ukraine

☆ California's new 'Honest Pricing Law' will require cruise lines to be transparent about fees
▼ + stars: | 2024-05-19 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Read previewA new California law will force cruise lines to be more transparent about their prices, bolstering a Biden administration crusade against junk fees. Senate Bill 478, also known as the "Honest Pricing Law," will go into effect on July 1. AdvertisementA Carnival Corp. representative told the outlet it would follow guidelines set out by the "Honest Pricing Law." Carnival Corp. is the parent company of brands like Carnival Cruise Line, Princess Cruises, and Holland America. Royal Caribbean cruise ship.

Persons: —, Biden, Bill, general's Organizations: Service, Business, Companies, Royal Caribbean International, Norweigan, The Washington, Corp, Carnival, Princess Cruises, Holland America, Royal Caribbean, Celebrity Cruises, Royal, Carnival Corp, Cruise, Federal Trade Commission Locations: California, Royal Caribbean

☆ Opinion: Credibility is the key at Trump trial
▼ + stars: | 2024-05-19 | by ( Richard Galant | ) edition.cnn.com time to read: +21 min

The idea that Cohen talked to Trump about Daniels on that call “was a lie,” Blanche alleged. Moreover, my experience has been that juries don’t decide based upon one moment — they base their judgment on an overall view.”There were allegedly three parties aware of the scheme to conceal the real reason Trump paid Cohen more than $400,000 in supposed legal fees: Trump, Cohen and Allen Weisselberg, then-chief financial officer of the Trump Organization. “Weisselberg could be the linchpin to validate Cohen’s claims about Trump agreeing to reimburse him through Trump Organization, as a business expense,” wrote attorney Stacy Schneider. Trump seems to be tempted to go mano a mano and show that he is better fit to be commander-in-chief. The new requirement for GOP politicians wanting to demonstrate their loyalty to Trump seems to be visiting the Manhattan courthouse where he’s on trial.

Persons: CNN —, ” Mark Twain, “, Twain, ” Michael Cohen, Donald Trump, —, Trump, Stormy Daniels, Todd Blanche, Cohen, Norm Eisen, Blanche, ”, pummeled Cohen, Robert Mueller, Nick Anderson, Agency Cohen, Keith Schiller, Daniels, ” Blanche, ” Eisen, don’t, Allen Weisselberg, Stacy Schneider, Weisselberg, David Zurawik, “ I’ve, Sen, Robert Menendez, He’s, George Santos ., CNN “ It’s, he’s, ‘, Henry Cuellar, ” Cupp, Drew Sheneman, Georgia —, Vladimir Putin’s, Frida Ghitis, ” Ghitis, Joe Biden’s, ” Dana Summers, “ Biden, ” Julian Zelizer, mano, Biden, ” Bill Bramhall, Stephanie Griffith, Howard Tucker, Gayle Fleming, Michael Ventura Gayle Fleming, Biden —, ” Tom Brady’s, Kara Alaimo, Tom Brady “, Kevin Hart, Gisele Bündchen, Brady, Benjamin, Vivian, ’ Brady, ’, Alaimo, Brady didn’t, Nafees Syed, Kamel El Hilali, Andrew Borene, freakout Scott Stantis, Jeff Yang, … ” Brown, Keith Magee, Brown, backpedaling, Forget, Doug Burgum, Scott Jennings, Burgum’s, Bill Bramhall, Content Agency Clarence Thomas Washington, Clarence Thomas ’, Dean Obeidallah, Thomas, Harlan Crow, ” Clay Jones, John Oliver’s, Steve Vladeck, “ Thomas, ” Don’t, Clayton Swope, Dan Perry, Netanyahu, Jill Filipovic, Miss Teen USA Mary Ziegler, Bob Kolasky, Megan L, Ranney, Karen Tang, Halle Berry, Naomi Watts, Jonathan Yeo, King Charles III, Aaron Chown, Holly Thomas, King Organizations: CNN, Trump, Tribune, Agency, Trump Organization, Twitter, Facebook, DC, Robert Menendez of New, GOP, ” Texas, White, Europe, Russia, Kyiv, Biden, ABC, Democratic Party, Netflix, Garden State, Content Agency, Capitol, Consumer Financial, Board, Fifth Circuit, ICC, Miss USA, Miss Teen USA, Buckingham Palace, Royal Locations: New York, Robert Menendez of, Robert Menendez of New Jersey, Russian, Ukraine, Slovakia, Georgia, Soviet Republic, United States, Cleveland, “, Manhattan, North, . North Dakota, ” That’s, Louisiana , Mississippi, Texas, Florida’s, Buckingham

☆ Bill Gates: 'You need to read' this new book about AI and education
▼ + stars: | 2024-05-19 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

His latest recommendation comes from the world of artificial intelligence — specifically, how the fast-advancing technology might improve the quality of education students receive around the world. The Microsoft co-founder recently took to social media to tout "Brave New Words: How AI Will Revolutionize Education (And Why That's a Good Thing)," which published last week. The book was written by Sal Khan, the founder and CEO of education nonprofit Khan Academy — which is developing an experimental AI chatbot tutor called Khanmigo. "If you're passionate about education, you need to read this book," Gates wrote on social media platform X. AI tutoring could help "close the education gap" with direct help for low-income students even in developing countries, Gates noted last year on his "Unconfuse Me" podcast, in an episode featuring Khan.

Persons: Bill Gates, Sal Khan, Gates, Sal, Khan, Khanmigo —, Melinda Gates, Tovah Klein Organizations: Microsoft, Khan Academy, Melinda Gates Foundation, Barnard College, CNBC

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