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SCOTUS on Friday established new rules for the social media accounts of public officials. AdvertisementThe US Supreme Court on Friday handed down a decision establishing new rules for how public officials must behave on social media. Accounts clearly marked as personal, even if run by a state official, are granted more leniency and protection under the First Amendment. Advertisement"The distinction between private conduct and state action turns on substance, not labels: Private parties can act with the authority of the State, and state officials have private lives and their own constitutional rights," she continued. The issue of allowing public officials to block users on social media has been heard by the court before, when in 2017, Trump was challenged by the Knight Foundation over his choice to block critics on Twitter.
Persons: SCOTUS, , Amy Coney Barrett, Kevin Lindke, James Freed, Freed, Lindke, Lucy, Husband, Jessie, Barrett, Trump, Friday's, Gary Lawkowski Organizations: Service, State, Knight Foundation, Twitter, Dhillon Locations: Detroit, Port Huron , Michigan, Port Huron , MI
This Season, Mix Texture and Transparency
  + stars: | 2024-03-01 | by ( Mark Kean | Raphael Hirsch | ) www.nytimes.com   time to read: 1 min
Models: Dhillon Rai Green at Kult London, Itshak Vanunu at the Troopers, Maoro Bultheel at Noah MGMT, Lawal Badmus at PRM, Ahmed Adem at Cheyma Hadji. Hair by Matt Mulhall at Streeters. Set design by Suzanne Beirne. Photo assistants: Shane Ryan, Wynston Shannon. Styling assistants: Storm Foster, Max Kallio
Persons: Dhillon Rai Green, Itshak Vanunu, Maoro Bultheel, Noah MGMT, Lawal, Ahmed Adem, Cheyma Hadji, Matt Mulhall, Gemma Smith, Suzanne Beirne, Julia Lange ., Percy, Alex Dow, Shane Ryan, Wynston Shannon, King Owusu, Storm Foster, Max Kallio Organizations: Percy Works Locations: Kult, PRM, Cheyma
The vast majority — nearly $40 million — went to law firms working on his personal legal problems. But significant portions of their donations went to law firms defending Trump in civil cases involving his real-estate empire and its top executives, including Donald Trump Jr., Eric Trump, and Ivanka Trump. Only about $861,000 was spent on law firms working exclusively on political issues. Where there were gaps, we contacted law firms and individual lawyers who received money from the PACs. In 2021 and 2022 combined, Trump spent $16 million on legal fees through the Save America PAC.
Persons: Donald Trump, Trump, , MAGA, Trump's, Donald Trump Jr, Eric Trump, Ivanka Trump, Stormy Daniels, Jean Carroll, Robert, Clifford S, Michael Cohen, — Troutman Pepper Hamilton Sanders, Kellogg, Hansen, Todd, Figel, Frederick —, Madaio, Alina Habba, Michael Madaio, Hillary Clinton, James Comey, Mary Trump, general's, Carroll, Trump —, Joe Tacopina, Chad Seigel, Christopher Kise, Jesus M, Suarez, Eli Bartov, Bryan Woolston, Silverman Thompson Slutkin, White, Evan Corcoran, Todd Blanche, Cadwalader, Taft, Blanche, Attorney Alvin Bragg's, Daniels, Susan Necheles, John Lauro, who's, Steven H, Drew Findling, Jennifer Little, Jesse R, it's, Jim, John Rowley, Eduardo Munoz Alvarez, Allen Weisselberg, Weisselberg, perjured, ArentFox Schiff, Jeff McConney, Stanley Woodward, Stanley Brand, Carlos de Oliveira, John S, Irving of, Boris Epshteyn, Kenneth Chesebro, Troutman Pepper, Ivanka, Newsmax, Harmeet, Dhillon, Bradley T, Morvillo Abramowitz, David Pecker, Elkan Abramowitz, Greenberg Traurig, Ballard Spahr, Mintz, Levin, Cohn, Ferris, Corey Lewandowski, Robert Mueller's, Jones, Andrew Kelly, It's, Forbes, defaming Carroll, he's Organizations: Service, Trump, Save America PAC, Make, Trump Organization, Politico, Reuters, New, Associates, Democratic National Committee, The New York Times, Times, Continental LLP, Inc, AP, Attorney, Capitol, Law, Taft, Brand Woodward Law, Irving of Earth & Water Law, Ivanka Trump, Republican National Committee, Save, MAGA, Curve Solutions, National Enquirer, Republican, MAGA PAC, Bloomberg Locations: New York, Georgia, Carroll, Manhattan, Florida, York, Washington, DC, Wickersham, Attorney Alvin Bragg's Manhattan, Fulton County , Georgia, codefendants, MAGAworld, Robert Mueller's Russia
Ronna McDaniel offered to step down as RNC chair amid pressure from Donald Trump, per NYT. AdvertisementAn election denier could very well find themselves as the next Republican National Committee chair if Donald Trump gets his way. The former chairwoman of the Michigan Republican Party received Trump's support to take over as RNC chair in 2017. Under McDaniel, Trump also benefitted from the committee when it came to his legal troubles. Murray, Lindell said, "would be the best pick for the RNC chair."
Persons: Ronna McDaniel, Donald Trump, Trump, McDaniel, Mike Lindell, , Letitia James, it's, Harmeet Dhillon, Lindell, Julianne Murray, Murray, Michael Whatley, Whatley, Joe Gruters, Gruters Organizations: Fox News, RNC, Service, Republican National Committee, The New York Times, Michigan Republican Party, CNN, New, Trump, Delaware Republican Party, Business, North Carolina Republican Party, New York Times, Times, Florida GOP, Miami Herald, Republican Party, The Associated Press Locations: South Carolina, Michigan, New York, Florida
CNN —As Donald Trump wages a Supreme Court battle to stay on state presidential ballots, a potent contingent of the conservative legal world has united behind him. The new filings in the case of Trump v. Anderson also reinforce the tight world of Supreme Court lawyering. From the start, the Colorado voters trying to keep Trump off the ballot, and who won at the state Supreme Court level, have been represented by former US Supreme Court clerks who’ve become prominent advocates. In this screengrab from video, Jonathan Mitchell speaks during a panel on Supreme Court Justice Antonin Scalia's legacy in April 2016. A decision could come any day, and when that happens, the case of United States v. Trump would, no doubt, return to the justices.
Persons: Donald Trump, Jonathan Mitchell, Roe, Wade, Elena Kagan, Trump, who’ve, Noel Francisco, George W, Bush, John Yoo, Antonin Scalia, Clarence Thomas, Anderson, Mitchell, Thomas, Scalia, Jason Murray, Justice Kagan, Eric Olson, Sean Grimsley, John Paul Stevens, Sandra Day O’Connor, Joe Biden, , United States …, ” Mitchell, United States ’, , Francisco, William Barr, Michael Mukasey, Edwin Meese, Trump’s, Antonin Scalia's, Scott Gessler, Jack Smith Organizations: CNN, Republican National Committee, GOP, Trump, Colorado, White, Colorado Supreme, Capitol, Confederate, United, National Republican, University of Chicago, Supreme, SPAN, Republican, Dhillon Locations: Texas, Colorado, United States
A former employee is suing Fox News and a former superior over an alleged 2008 sexual assault. Andrew Delancey accused Justin Wells, Tucker Carlson's former executive producer, of sexual abuse. The lawsuit details how a "culture of sexual harassment" at Fox enabled Delancey's assault. AdvertisementA former Fox News employee alleged in a new lawsuit that Justin Wells — Tucker Carlson's former producer and "right-hand man" —sexually assaulted him and retaliated against him after he declined his advances. AdvertisementBill O'Reilly settled a sexual harassment case for $32 million in 2017.
Persons: Andrew Delancey, Justin Wells, Tucker Carlson's, , Justin Wells — Tucker Carlson's, Wells, Delancey, Greta Van Susteren, rescinding, Harmeet Dhillon, Roger Ailes, you've, Tucker Carlson, Bill O'Reilly, producer's, Ed Henry, Alfredo J, Pelicci Organizations: Fox News, Fox, Service, Fox News Edge, Business Locations: New York
New York CNN —Tucker Carlson’s top producer, who left Fox News along with the far-right host to work on his X show, is accused of sexually assaulting a former colleague in an alleged incident that occurred more than a decade ago. Andrew Delancey, a former Fox News employee, filed a lawsuit against Justin Wells, the former executive producer of “Tucker Carlson Tonight,” accusing him of sexual assault and harassment in 2008 when Delancey moved to New York for a job with Fox News’ affiliate video service. In the lawsuit, Delancey alleges that he was befriended by Wells who told Delancey he could help him “learn the ropes” of the right-wing cable network. At the time Wells was a producer for Greta Van Susteren’s Fox News show. Fox fired Carlson in April and canceled his program during the fallout from the $787 million lawsuit settlement between Fox News and Dominion Voting Systems.
Persons: New York CNN — Tucker Carlson’s, Andrew Delancey, Justin Wells, “ Tucker Carlson, Delancey, Wells, , Greta Van Susteren’s, Wells “, , Alfredo Pelicci, Fox ”, Fox, Harmeet Dhillon, ” Wells “, ” Dhillon, you’ve, ” Tucker Carlson, Pelicci, ” Fox News didn’t, Abby Grossberg, Rogers Ailes, Bill O’Reilly, Carlson Organizations: New, New York CNN, Fox News, New York State, Fox Corporation, Greta Van Susteren’s Fox, Fox, CNN, ” Fox News, Voting Systems Locations: New York, Wells, Tampa
CNN —Space is full of extreme phenomena, but the “Tasmanian devil” may be one of the weirdest and rarest cosmic events ever observed. Astronomers dubbed the celestial object the “Tasmanian devil,” and they observed it exploding repeatedly following its initial detection in September 2022. But the Tasmanian devil is revealing more questions than answers with its unexpected behavior. While LFBOTs are unusual events, the Tasmanian devil is even stranger, causing astronomers to question the processes behind the repetitive explosions. We’d never seen that, period, in astronomy.”To better understand the quick luminosity changes occurring in the Tasmanian devil, Ho and her colleagues reached out to other researchers to compare observations from multiple telescopes.
Persons: supernovas, , , Anna Y.Q, Ho, , Jeff Cooke, ” Ho, We’d, Anna Ho, Jason Koski, ” Cooke, they’ve, Vik Dhillon Organizations: CNN, Cornell University’s College of Arts and Sciences, Australia’s Swinburne University of Technology, ARC Centre, Cornell University Altogether, Telescope, , University of Sheffield Locations: California, United Kingdom
Goldman Sachs announced its 2023 class of managing directors Thursday afternoon, giving 608 employees the coveted title. It's a smaller cohort than the bank's 2021 MD class, down 5% amid a dealmaking slowdown. Still, Goldman appears to have taken pains to promote employees in revenue-generating divisions like investment banking and trading. Goldman says the percentage of women it promoted as part of the 2023 MD class sets a record, up 1% from 2021. Two years ago, Goldman promoted the largest managing director class in its history, naming 643 employees to the designation in 2021.
Persons: Goldman Sachs, Goldman, David Solomon, John Waldron, we've, Solomon, Waldron, Goldman Sachs Fereshteh Abbasi Thomas Abe Devina Abreo Francesca Adamski Emmanuel Adenitire Gopal Agarwal Prasoon Agarwal Udit Agrawal Khamran Ali Omar Alzaim Dorothee Amar Akbar Amin Joe Amsler Wilfred Amuri Jack Anstey Paul Antonios Hidemi Aoki, Carolina Aragon Gonzalez Nelson Armbrust Georgina Aspden Laurene, Gisha, Sharon Babick Navin Babu Alexey Bachurin Alberto Bacis Patrick Badaro Rahul Bajaj Elise Bal Tanya Ballaram Brian Baltz Guillaume Banderet Nirav Bansal Nitin Bansal Swati, Chalapathi, Andrei Banu Camella Barnes James Barry Elisa Anna Bassu Aman Batra Eleanor Beasley Nicole Beavan Michael Becker Yukiko Beer Omar Benchekroune Richard Bennett Nigel Beslee Ashima Bhalla Nikhil Bhandari Nimita Bhargava Bodha Bhattacharya Rebecca Bibb Roseline, Rahul Bindu Mark Bird Leo Biselman Christian Blanc Patrick Bogues Michael Boratin Katherine Bordlemay Gabriela Borges Kate Boucher Erik Bouland Joanne Braidi Chris Brett Joseph Briggs Charles Brockett Emmeline Brothers Aaron Brown Adrienne Brown Kevin Bryck Archana Budida Oliver Bunn Rebecca Burgoyne Andrew Burpitt Todd Byers Patrick Byrne Michael Cahill Ashley Caldwell Jake Caldwell Serdar Caliskan Jon Calluzzo Stewart Campbell Samantha Cantor Yuri Cantor Dan Carabas Gemma Carlaw Laura Carroll Tim Carson Matt Carter Quentin Cezard Alex Cham Simon Chamama Heidi Chan Patrick Chan Suraj Chandran Kim Cheah Jon Cheh CP Chen Nelly Cheng Sarrah Cherhabil Jackson Cheung Michael Cheung Rama, Stan Chiu Anish, Kunal Choraria Ankit Chowdhari Dario Claus Cosimo Codacci, Michael Coleman David Collerd Shannon Collins Francesca Condini Lee Coppersmith John Couch Tim Creamer Maziar, Satish Damodaran Gareth Davies Serkan, Nick De Kock Ann de la, Nick De Kock Ann de la Montaigne Jan Debeuckelaer Molly Decker Gabrielle Decrion Laurent Dedieu Antoine Demongeot Yannick Derippe Deepalakshmi Desai Tim Desiano Joshua Dezube Randeep Dhillon Javier Diaz, Merry Matheus, Jared Dickow Alex Doell Mao Dong Praneil Doolabh Daniel Dooling Michelle Dorea Szymon Doroz Jacqueline Du Benjamin Duell Kelsey Dumont Julie Duval Todd Ebe Dayo, Jeremy Eisenstein Chris Elmore Ryan Erickson Joaquin Escribano Larry Estrada Pavel Fadeev Will Fairbourn Jeremy Falgiani Fabio Federici Wenlong Fei David Felman Sophia Ferguson Zach Fernandez David Fernandez Miguez Scott, William Fio Rito Duffy Fischer Lisa Florentine Akshay Fomra Janice Foo Nicholas Forbat Elie Franko Georgina Fraser Jason Freeman Nicole Freeman Oliver Friedberg Gavriel Friedland Ross Fuller Angela Fung Greg Furness Nikhil Gadodia Stefano Gamba Amit Singh Gambhir Javier Gandara Giorgio Gandola Amit Gangrade Sudha Garimella Mima Garland Mingmin Ge Graziano Gemma Shefali Gera Constance Germain Brad Gifford Benjamin Giles Abbas Ginwala Marlene Giorgio Thomas Giovachini Zachary Glasser Guillaume Gnech Harley Golding Yuriy Goldman Jesse Goldstein Roy Golender Sharon Gonnella Alejandro Gonzalez Steven Gooden Jessie Gould Varun, George Graf von Waldersee Florian Granier Jamie Greenberg Brian Grzelakowski Alessandro Guicciardi Michael Guiliano Samuel Guinness Bivash Gunpath Deepa Gupta Parikshit Gupta Lauren Gutierrez Johannes Hahn Chris Hallam Alex Halpern Christina Halpin Michael Hamilton Brooke Hammel Saki Hanioka John Hanson Mathew Harris Ally Hart Amy Harwood Tom, Emily Hashimoto Rob Haslam Michael Heino Brandon Herde Sarah Higgins Camilla Hill Spencer Hill Sho, Cecilia Ho Jonathan Ho Bryan Hoffman Kevin Hoffmeyer Eliza Hollyday Simon Holmes Mehdi, Lily, Derek Hu Jennifer Hui Tim Huiszoon Camille Humbert Kurt Humes Kelley Hutchison Masayuki Ichioka Andrew Imber Calvin Isaac Jackson Isaacs Sharif Ismail Yu, Doug Michael Jaffa Nitin Jagga Rahul Jain, Jataprolu Fiona Jervis Yinpeng Jin Sandeep Jindal Jennifer Jochinger Steven Johnson David Johnstone Megan Jordan Nicolas Joseph Bob Kadel Jean Kam Harneet Kaur Vinay Kaura Peter Kelman Stephanie Kenary Maggie Keohan Humayun Khalid Sunil Khandelwal Scott Kilpatrick Jenny Kim Ashley King Joel Klaus Rene Klos Rossitsa, Michael Kondoleon Gregory Kontopoulos Larry Kornreich Shrivathsa Kota Konrad Krallmann Ken Kraska Alexander Kretzberg Bryant Krongard Simon Kubbies Adam Kulik Peter Kulka Ajeya Kumar Aditya Kurella Sara Lachapelle Raagini, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary LeDonne, Allison Lee Michael Lee Soohyun Lee Victoria Lewis Alice Li Qing Li George Lin Ali Lippert David Lipworth Bozhena Lisko, Murphy Mark Littlewood Zhenyi Liu Yelli Lobel Avinash Lobo Burke Loeffler Gabriela Lopez Cristian Lopez, Balboa Carlos Lopez Torrero Stephanie Louie Edward Lowe Reynolds Lowry Fei Luo Ranjan Luthra Sangeetha M Martin Ma Matthew Maciaszek Michael Magee Steffen Mahringer Poonam Majithia Terres Maloney Gopal Manchikanti Jade Mandel, Manfay Varun, Pierre Marboeuf Matt Margolin Thiago Marinheiro Kevin Martens Masato Maruyama Lucinda Mataka Rishi Mathur Pierre Maugest Scott Maxfield Andrei Maxim Michael McClurg Selina McCole Jeff McCown Andrea McGee Sinead McGuigan John McGuinness Benjamin McRoberts Amit Mehrotra Gaurav Mehta Kelly Mellecker Josef Menasche Raf Mercado Alexander Mielke Rachel Miles Christopher Miller Megan Miller Robert Miller Max Minton Edward Mitchell Oliver Money Tyler Moni Anna Montvai Taylor Moore Anthony Moschella Brandon Moy Faraz Munaim Sasha Munn Ashok Musuvathy Negar, Julian Naden Robinson Hiroki Nagamine Srijith Nair Cornelius Namiluko Sanjiv Nanwani Jay Narain Robert Andranik Nazarian Jovan Negovan Ryan Newman Michael Ng, Tasuku Nishihara John Nixon Kristy Nomi Alexandre Nunes Patrick O'Callaghan Yusuke Ochi KC O'Connor David Olivares Erica Olsen Victoria Ortengren Anas, Peter Pace Robert Packwood Nitin, Ellen Pak Ruth Pan Pedro Panizo Jayshri, Rahul Parikh Dan Parisi Freddie Parker Phil Parsons Peter Paruch Paul Pate Bella Patel Preya Patel Rakesh Patel Amit Patni Ed Paulinski Adam Pennacchio Kyle Penton Abhishek Periwal Michael Perrier Yoric Perrin Rasmus Persson Tommy Pinhas, Marco Poletti Megan Prasad Avijit Praveer James Puccinelli Sameer Punde Rob Pyne Na Qiao Valentina Quadri Marco Quirico Anya Radford Abhishek Rai Rahul Raj Ram Rajamony Ryan Ramsay Rami Rankoussi Nach Rao Pawan Rao Anurag Rathi Philip Renton Noel Reyes Ruth Reynolds Timothy Richards Peter Richter Brigid Riley Hutchinson Nick Rill Kristina Ristagno Vicky Ritter Martin Roberson James Roberts James Robinson Giorgio, Erin Roos Erin Ross Sumit Roy Conrad Ryan Soo, Ryu David Sage Jai Sahani Namita, Sarah Sakkej Karim Saleh Ayesha Salman Divya Samani Henrik Samuelsson Ryan Sansalone Vikram Sarker Shalini Satish Babu Charlotte Saury, Hania Schmidt Helene Schmitt Emily Schorr Wendy Schrunk Thomas Schwegler Michael Sciancalepore Brandon Seaman Benjamin Seigel Gamal Selvarajah Nicholas Semeniuk Devjoy Sengupta Michael Shafik Arpan Shah Shashwat Shah Shahnawaz Shahbaz Manoj Sharma Sachin Sharma Wazila, Gunduz Shirin Alex Silver Asmita Singh Kamalpreet Singh Andrew Sinnott Sapna, Dan Skinner Andrew Snow Stephanie Snyder Farouk Soussa Christopher Spahr Erik Sparks Matt Speltz Naveen Srinivasan Bhargav, Warren, Damian Steele Tobias Stein Catherine Stemp Dave Stringer Shekar Subramanian Jordan Sudy Philipp Suess Fatima Sultana Lu Sun Kumar Sundaram Fiona Syer Matthew Sykes Tofi, Filippo Taddei Sandhya Tadishetty Omer Tanvir Rita Taylor Zachary Tcheyan Brian Teague Wesley, Caitlin Terry Thomas Tesauro Hemal, Justin Therry Christine Thornburg Gregory Thysheril Angelo Tierno Alexander Tingle Ryan Townsend Cynthia Trillo Dimitris, Jessica Tung Jonathan Tung Ezgi, Zachary Upcheshaw Kiyomi, Nadine Urseanu Jim Vais Pim Valantagul Perrin Van Allen Annerieke van Dijk Jeroen van Dorp Dennis van Laer Todd van Stolk, Riley Jacqueline Vargas Alexander Vavalidis Edwin Velez Prasanna Venugopal Tim Verheyden Amanda Verstegen Ankit Vijay Vargiya Salvador Villanueva Arthur Villard Sichel Denzel Voesenek Bradley Wainwright Adam Walker Barbara Walters Omar Waly Daniel Wang Kenneth Wang Kristen Ward Gavin Warren Michael Washington Harry Webster Fredrik Weege Brian Weiss Thomas Weitz Nat Wells Joe Wenzel Tim Whitehead Henry Willans Matthew Williams Taylor Williams Katie Wilson Richard Wilson Stephanie Wisner Ilana Wolfe Jake Woodson Jeff Wu Qi Wu Jackson Yang Esma, Yoon Harm, John Zhai Jenny Zhang Lynn Zhang Raye Zhu Jane Zhuang Hans Zijlmans Carolyn Zimmer Samia Zitouni Mira Zorkot Organizations: Goldman, Wall, Carolina, Nick De Kock Ann de la Montaigne, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary Locations: Europe, Asia, India
Rights holders argue that AI using their work without a license should be considered "unauthorized derivative work" — an infringement of copyright law. Meanwhile, AI startups insist that their models comply with fair-use doctrine, which grants them some leeway to others' works. This month, Universal Music Group sued the AI startup Athropic for circulating copyrighted lyrics. He believes that future regulations may explicitly forbid AI data scraping. "They can train models on data that's not universally available to customers, and tell them it's licensed and compliant."
Persons: Eva Toorenent, who's, that's, Simon Menashy, Menashy, Ekaterina Almasque, OpenOcean Almasque, Getty, Sunny Dhillon, Harvey, Horowitz, Andre Retterath, GDPR, CCPA, Taylor, Swift Organizations: Universal Music Group, Getty, Harvard Business, MMC Ventures, Kyber Knight Capital, Nvidia, Earlybird Venture Locations: what's, Europe
Former Electronic Arts mobile gaming executive Mike Verdu joined Netflix as vice president of game development in 2021. Getting existing subscribers to download and play mobile games is a challenge, though, Benes noted. As of September 2023, Netflix's games have been downloaded 70.5 million times, globally, according to data obtained from Apptopia. The beta rollout to limited users Canada and the U.K. included Oxenfree from Night School Studio, a Netflix game studio, and Molehew's Mining Adventure, a gem-mining arcade game. But Netflix is not looking to be a console replacement, Netflix gaming executive Verdu previously told Tech Crunch.
Persons: It's, we've, Greg Peters, Ross Benes, Mike Verdu, Joseph Staten, Benes, Netflix's, Playrix, Candy Crush, King, Peters, Sunny Dhillon, Kyber Knight, Dhillon, Verdu Organizations: Netflix, Intelligence, Electronic Arts, AAA, Night School, Street, Tech, CNBC Locations: Canada
“It’s a slap in the face [to the RNC],” one Republican operative with ties to the committee told CNN. Trump appointed McDaniel as chair after he was elected in 2016, and dozens of establishment Republican committee members were replaced by Trump loyalists. “There would be a new RNC chairman that I imagine Trump would be influential and in choosing just like he was influential with [McDaniel].”The Trump campaign did not respond to a request for comment. McDaniel had told Trump personally that the debates would start in August, according to two sources familiar with the conversation. The conversation turned into a heated back-and-forth between David Bossie, who is in charge of the RNC debate committee, and Trump campaign adviser Chris LaCivita.
Persons: Donald Trump’s, Trump, , Ronna McDaniel, McDaniel, , Republicans ’ underwhelming, “ There’s, Trump’s, Susie Wiles, Harmeet Dhillon, It’s, David Bossie, Chris LaCivita, Wiles, Bossie, Tucker Carlson, that’s, ” McDaniel, CNN’s Dana Bash, he’s, we’ve, she’s Organizations: CNN, Republican National Committee, RNC, Trump, GOP, Republican, Political, Trump loyalists, Republicans, Fox News, Bedminster, , Labor, Capitol Locations: Miami, California, Nashville, Trump, Georgia
Valuations have swelled, with the Magnificent Seven trading at an average forward price-to-earnings ratio of 33.5, compared with the S&P 500's P/E of 18.3. “Everybody knows these guys are going to make money," said Sameer Samana, senior global market strategist at the Wells Fargo Investment Institute (WFII), referring to the Magnificent Seven. "The reallocation of funds going forward is going to suggest lower returns and more difficulty for the Magnificent Seven to maintain their leadership." The seven companies' combined market capitalization topped 30% of the S&P 500's overall market value earlier this month, according to LSEG Datastream. Some investors are also drawing distinctions among the seven stocks.
Persons: Aly, Tesla, Sameer Samana, Tajinder Dhillon, Tim Pagliara, CapWealth, Pagliara, Elon Musk, LSEG Datastream, Torsten Slok, Patrick Kaser, Kaser, Lewis Krauskopf, Ira Iosebashvili, Jonathan Oatis Organizations: Apple, REUTERS, Microsoft, Nvidia, U.S, Tesla, Wells, Investment Institute, Google, Facebook, Federal, Treasury, , Global, Apollo Global Management, Brandywine Global, Thomson Locations: Shanghai, China, Apple
Its cost was estimated at 33 billion pounds in 2011, but has soared to more than 100 billion pounds ($122 billion) by some estimates. Sunak said Conservative lawmakers would be given a free vote in Parliament on the smoking ban. He used the speech to give party members and voters a glimpse of the man behind his technocratic exterior. Home Secretary Suella Braverman used her conference speech to appeal to the party’s authoritarian, law-and-order wing, advocating tougher curbs on migration and a war on human rights protections and “woke” social values. “I am confident we can win,” said Balwinder Dhillon, deputy mayor of the town of Slough, west of London.
Persons: Rishi Sunak, Sunak, he's, , ” Sunak, Andy Burnham, ” “, Rain Newton, Smith, , Margaret Thatcher —, Liz Truss, Akshata Murty, Suella Braverman, Balwinder Dhillon Organizations: Conservative Party, Labour Party, Leeds, Conservative, Manchester, of British Industry, Health, New, British American Tobacco, Imperial Brands, London Stock Exchange, Treasury, United, British Locations: MANCHESTER, England, Manchester, London, , Birmingham, Midlands, North, Britain, Britain’s, New Zealand, Rwanda, United Kingdom, Slough
Another source identified Trump Organization employee Yuscil Taveras as the unnamed computer specialist whose fees prosecutors said were paid by Trump's political group. Trump's legal spokesperson Alina Habba, who is also general counsel at Save America, did not respond to detailed questions on the payments. In July, after Save America reported its legal expenses to the Federal Election Commission, Cheung said Save America was helping people who had worked for Trump avoid "financial ruin." Asked how legal spending would affect his campaign, Trump told a SiriusXM podcast earlier this month: "Fortunately, I have a lot more money." Save America and the Trump campaign have not responded to requests for comment on the legal fee estimates.
Persons: Donald Trump, Scott Morgan, Donald Trump's, Brand Woodward, Greenberg Traurig, Trump, Jason Osborne, Trump's, Osborne, Stanley Woodward, Jason Miller, Margo Martin, Dan Scavino, Matt Calamari Jr, Yuscil Taveras, Miller, Martin, Calamari Jr, Walt Nauta, Carlos De Oliveira, Michael Roman, Boris Epshteyn, Taylor Budowich, William Russell, Kash Patel, Brian Jack, Roman, Dhillon, Epshteyn, Jack, Patel, De Oliveira, Russell, Alina Habba, Steven Cheung, Cheung, Stephen Gillers, Jason Lange, Andrew Goudsward, Nathan Layne, Sarah N, Lynch, Karen Freifeld, Ted Hesson, Scott Malone, Deepa Babington Organizations: U.S, Republican, REUTERS, Rights, Reuters, Trump, Save, Federal, Commission, Make, Inc, MAGA Inc, Republican Party, America, Save America, Trump Organization, Scavino, New York University, Thomson Locations: Dubuque , Iowa, U.S, Save America, America's, Georgia, Budowich
The Audi Q8 Sportback e-tron electric sport utility vehicle (SUV) is unveiled during its launch in Mumbai, India, August 18, 2023. Reuters reported last month that the Indian government is working on a new EV policy that would slash import taxes for automakers that commit to some local manufacturing. Audi is trying to catch up with its peers, BMW (BMWG.DE) and Mercedes (MBGn.DE), in the transition to electric. Currently, the company's India arm only makes internal combustion engines locally, which is used in its petrol cars. After four models launched last month, six out of 16 models in Audi India's offerings are electric cars, which are entirely imported and sold in the country priced between $136,000 and $234,000.
Persons: Francis Mascarenhas, Balbir Singh Dhillon, Dhillon, Piyush Goyal, Hritam Mukherjee, Maju Samuel Organizations: Audi, REUTERS, Rights, Reuters, BMW, Mercedes, Thomson Locations: Mumbai, India, Bengaluru
How expensive is the S & P 500? One common argument is the S & P 500 will have trouble advancing in the fall because the P/E ratio is too high. The benchmark is currently trading at 19.8 times forward earnings estimates (forward earnings encompasses earnings for the next four quarters: Q3 and Q4 of 2023, and Q1 and Q2 of 2024). But look below the surface, and much of the S & P is not overvalued. S & P 500 Current multiple: 19.8 Ex-Magnificent-7: 17.3 Ex-Technology: 17.8 Source: Refinitiv Biggest winners this year have multiples far above their norms No surprise here.
Persons: Howard Silverblatt, They're, Tajinder Dhillon, Dhillon, Silverblatt Organizations: P Global, Microsoft, Nvidia, Tesla, Communication Services, Services, Consumer Staples, Health, Real, Energy, Consumer
Earnings at the half: Second quarter is the trough quarter, and the second half looks strong. At the halfway point for second quarter earnings, the feared recession and earnings apocalypse has faded away as the soft landing is now consensus. The second quarter is the bottom for earnings The second quarter is expected to see earnings decline 6.8% from a year ago, according to Refinitiv. About 80% of the companies are beating earnings estimates, slightly higher than the historic average. Investors are always asking: is the earnings trend up, down, or sideways?
Persons: Tajinder Dhillon, Dhillon, Dan Ives, Clark Organizations: Merck, Investors, Refinitiv, Big Tech, Dow, MMM, Kimberly, Whirlpool Locations: Wedbush, 2H23
Dustin Ballard, who runs the channel, said he wants to take AI covers to the live stage. Dustin Ballard, who runs the channel, told Insider in an email that videos like these take a few days. Finally, I use an AI voice model trained on snippets of the original artist's singing to transform my voice into theirs. "AI voice training is currently not a very user-friendly process, but it's rapidly getting easier," Ballard told Insider. Legal ramifications concerning music and copyright law, are what is driving the debate on AI covers in the music industry.
Persons: Johnny Cash, Dustin Ballard, Greta Gerwig's, Elvis, Sir, Frank Sinatra, Lil Jon, Ballard, It's, Joe Biden, Donald Trump, Spongebob's Patrick belting, Drake, Jered Chavez, it's, Travis Scott, Evan Dhillon Organizations: YouTube, Universal Music Group, Financial, Arpeggi Labs Locations: Folsom, Argentina
[1/5] Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. In the S&P 500, the seven stocks comprise 27.9% of the index's weight. Investors will look beyond second quarter results, said Bill Callahan, an investment strategist at Schroders. The Elon Musk-led company this month said it delivered a record number of vehicles in the second quarter. The equal-weight S&P 500 (.SPXEW), a proxy for the average stock, is modestly beating the S&P 500 over the past month -- up 3.6% versus about 3% for its counterpart.
Persons: Joshua Roberts, BofA, Bill Callahan, “ It’s, , Tajinder Dhillon, Tesla, Elon, Thomas Martin, Martin, Yu Ma, Lewis Krauskopf, Ira Iosebashvili, David Gregorio Our Organizations: Apple Inc, REUTERS, Apple, Microsoft, Nvidia, BofA, Research, Meta, Globalt Investments, Strong U.S, BMO Wealth Management, Thomson Locations: Washington , U.S, U.S,
Fox News has sent a cease-and-desist letter to Tucker Carlson, alleging that the conservative network's former star anchor breached his contract by launching a new show on Twitter, according to a source familiar with the matter. "Doubling down on the most catastrophic programming decision in the history of the cable news industry, Fox is now demanding that Tucker Carlson be silent until after the 2024 election. The first installment of Carlson's new show, "Tucker on Twitter," debuted June 6. The conflict between Fox News and Carlson comes at an inflection point for the conservative media ecosystem. "Tucker Carlson Tonight," a cornerstone of the Fox News lineup since 2016, was one of the most-watched shows on American cable news.
Persons: Tucker Carlson, Carlson, Harmeet Dhillon, Tucker, Volodymyr Zelenskyy, Donald Trump, Trump, Bernard Gugar, Bryan Freedman —, Carlson —, Fox, Freedman, Tucker Carlson's, Elon Musk Organizations: Fox News, Twitter, Dominion Voting Systems, Fox, Axios, NBC News, Defamation League, America News Network, Trump, Dominion Locations: Ukraine, Russian, Miami
A defamation lawsuit against The Daily Beast was dismissed by a New York appeals court. A New York appeals court this week dismissed a defamation lawsuit against The Daily Beast over an article that led to the implosion of Gawker's short-lived second iteration. The Daily Beast article in question, written by Maxwell Tani, detailed Bustle Digital Group's failed attempt to revive Gawker, a gossipy media site. According to The Daily Beast report, the site's only two writers quit in frustration with Griffith's comments about diversity in the workplace. The litigation bounced around in court for years before landing in front of a New York state appeals court.
When it comes to electric cars, however, the country is playing a game of catch up. During a recent interview with CNBC's Charlotte Reed, Thierry Koskas accepted that the market in India was "just starting." Citroën India, which launched the fully electric ë-C3 in Feb. 2023, is not alone when it comes to making a move in India's nascent electric car sector. According to the IEA, Tata was responsible for more than 85% of battery electric vehicle sales within India last year. Other Indian firms jostling for position in the sector include Mahindra and Mahindra and Ola Electric.
At the halfway point for earnings, bulls are delighted earnings are coming in stronger than expected and expectations for the second half of the year remain high. With 260 companies in the S & P 500 reporting, 79% are beating expectations, according to Earnings Scout. That is an earnings recession, but the declines — all in the low single digits — are not causing a lot of consternation. Now, on the heels of positive earnings reports, many tech stocks are seeing second quarter earnings estimates rising in the past few weeks, including Microsoft, Meta and Alphabet. The second half of 2023: Record earnings, really?
Big brands have seen earnings propelled by double-digit price hikes – even if it has had a negative impact on demand elasticity. Only two-thirds (67%) of the companies that have reported have beat earnings estimates, the lowest beat rate in eight years. But workforce reductions aren't the only way for companies to cut costs, or necessarily the best way in a tight labor market. We've seen notable examples across industries of just how important general cost cuts have been this earnings season. Of course, Airbnb was one of the first companies to cut costs when the pandemic hit.
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