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☆ Diamond industry 'in trouble' as lab-grown gemstones tank prices further
▼ + stars: | 2024-06-05 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

Diamond prices have fallen 5.7% so far this year, according to Zimnisky's rough diamond index, declining more than 30% from their all-time high in 2022. Lab-grown diamonds, which can be up to 85% cheaper than natural diamonds, are made in a controlled environment using extreme pressure and heat. Lab-grown diamond sales have surged from just 2% of the global diamond jewelry market in 2017 to 18.4% in 2023, according to data provided by Zimnisky. An industry 'in trouble'"The diamond industry is in trouble," Daga told CNBC, adding that he believes natural diamond prices could fall another 15%-20% over the next 12 months. Similar to a natural diamond, a lab-grown diamond is graded based on the 4Cs — clarity, color, cut and carat weight.

Persons: Leon Neal, Duncan Wanblad, De, Paul Zimnisky, De Beers, Marcelo Esquivel, Ankur Daga, Daga, Anish Aggarwal, Lionel Bonaventure Organizations: Afp, Getty, De, BHP, Financial Times, De Beers, CNBC, Daxue Consulting, Bloomberg, Zimnisky Locations: Harrods, London, De Beers, American, China, U.S

☆ South Africa's ruling ANC set to lose majority in pivotal vote, early projection shows
▼ + stars: | 2024-05-30 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Residents line up to cast ballots in the national election on May 29, 2024 in Matatiele, South Africa. South African's governing African National Congress appears set to lose majority control in the country's most seismic political transition since the end of the apartheid. The International Monetary Fund projects that South Africa's gross domestic product will climb by 0.9% in 2024. The democratic process is going to emerge victorious," ANC leader and South Africa's incumbent President Cyril Ramaphosa, 71, said Wednesday on social media. The U.S. dollar was up 1.31% against the South African rand at 8:30 a.m. London time, following the report.

Persons: Nelson Mandela, Cyril Ramaphosa Organizations: Reuters, country's Council for Scientific, Industrial Research, ANC, Democratic Alliance wresting, Marxist Economic, Fighters, African National, ANC —, World Bank, Monetary Fund, South, National Union of Mineworkers, Associated Press, U.S Locations: Matatiele, South Africa, London, Johannesburg

☆ Crypto.com's Exchange, Sponsorships, and Commercials, Explained
▼ + stars: | 2024-05-28 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

(That's not a knock on the company — for a lot of crypto exchanges, the Empire State is a tough nut to crack.) Crypto.com's primary business is its cryptocurrency exchange, which works as a middleman for people buying and selling crypto, but it also offers other products, including crypto Visa cards. To be sure, the casino thing could be said about most crypto exchanges — and sports-betting apps, and many regular trading apps. It's a good reminder that, whatever the company, it's better to use exchanges only for trading your crypto assets, not for storing them. Or maybe in five years we'll be looking back at this moment and saying: "Remember that one crypto company?

Persons: Eminem, Sam Bankman, Crypto.com doesn't, Jojo Siwa, it's, He'd, Nic Carter, Crypto.com, Kris Marszalek, Foris DAX Asia, It's, Matt Damon, Steven Kalifowitz, Bill Clinton, Tony Blair, FTX, hasn't, Marszalek, wasn't, Alex Gladstein, Emily Stewart Organizations: NBA, Los Angeles Lakers, It's, UFC, NASCAR, Lakers, Castle, Ventures, Staples Center, Miami Heat's, Binance's, Forbes, Financial Times, Securities and Exchange Commission, Bloomberg, PayPal, JPMorgan doesn't, Human Rights Foundation, Business Locations: New York, America, Singapore, Nigeria, Bulgaria, Monaco, Hong Kong, Polish, Los Angeles, Bahamas, Netherlands, Asia, Americas

☆ Pixar is laying off 14% of its workforce as Disney scales back content
▼ + stars: | 2024-05-21 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Long-expected layoffs are hitting Pixar Animation Studios on Tuesday. Pixar will lay off about 175 employees, or around 14% of the studio's workforce, a spokesperson for parent company Walt Disney told CNBC. Initially, it was reported that 20% of the animation studio's employees would be laid off. When theaters closed during the pandemic, Disney sought to pad the company's fledgling streaming service Disney+ with content, stretching its creative teams thin and sending theatrical movies straight to digital. As a result, no Disney animated feature from Pixar or Walt Disney Animation has generated more than $480 million at the global box office since 2019.

Persons: Walt Disney, Bob Iger, Disney, — CNBC's Julia Boorstin Organizations: Pixar, Studios, CNBC, Disney, Marvel, Walt Disney Animation

Lai, 64, a former doctor, was inaugurated alongside new Vice President Hsiao Bi-khim, who recently served as Taiwan’s top envoy to the United States. Both leaders and their party are openly loathed by Beijing for championing Taiwan’s sovereignty. Lai takes up the mantle from DPP predecessor Tsai Ing-wen, who bolstered the island’s international standing and recognition during her eight years in office. He is also expected to project goodwill to China with a message of pursuing peace and prosperity across the Taiwan Strait. That deliberately nuanced stance mimics his outgoing predecessor Tsai, Taiwan’s first female president, who was unable to stand again because of term limits.

Persons: Taipei CNN — Lai Ching, te, Lai, Hsiao Bi, China’s, Tsai Ing, Tsai –, –, Xi Jinping, Tsai, Taiwan’s, rebuking Organizations: Taipei CNN, Democratic Progressive Party, Communist Party, CNN, Kuomintang, KMT, Taiwan People’s Party, DPP, ” Locations: Taipei, China, United States, Beijing, Taiwan

☆ Eurovision is back, but will Baby Lasagne or Nemo triumph? Your complete guide
▼ + stars: | 2024-05-10 | by ( Rob Picheta | ) edition.cnn.com time to read: +11 min

“People are like ‘OK, Sweden is the spiritual home of Eurovision’ – I see Eurovision as this moving entity,” she tells CNN. “The whole product, ABBA, is a vibe, isn’t it?”ABBA sing "Waterloo" at Eurovision 50 years ago. But ABBA are the past; Baby Lasagne, Windows95Man and Nemo – a person, not a fish – are very much the present. This year’s slim favorite is Baby Lasagne, whose arena-pounding anthem “Rim Tim Tagi Dim” describes a brain drain affecting Croatian towns. He credits his fiancée with helping him launch his career – “She’s the lasagne, and I’m just the baby,” he tells CNN.

Persons: Paul Anka, Abba –, Loreen, –, “, Loreen –, they’ve, ” Loreen, Olle Lindeborg, Lasagne, Nemo, Sarah Bonnici, aga, you’d, Music ”, Dominic Lipinski, Marcus, Martinus, ”, – “, I’m, Switzerland’s Nemo, ” Nemo, ” Joost Klein's, Jens Büttner, Joost Klein, Teemu Keisteri, he’s, Windows95Man, it’s, Belgium’s Mustii, Bonnie Tyler’s, Sanjin, Marina Satti, Hera Bjork, ” Saba, Slimane, who’s, ” Poland’s Luna, Jeff Spicer, ” we’re, Luna “, doesn’t, we’re, ” Portugal’s, … “, Alyona Alyona, Jerry Heil, Jens Bittner, ” Joost Klein, bro, airdropped, Angelina, Greta Thunberg, Eden Golan, audibly, they’ll, oddballs gunning Organizations: CNN, Waterloo, Malmo, Eurovision, Getty, Pulitzer, aga … aaa, aaa, United, Music, MAG, San, ” “ Hurricanes, Israel, European Broadcasting Union Locations: Sweden, AFP, Malmo, Europe, Armenia, wail, Gaza, Israel

☆ How to Watch China’s Launch to the Far Side of the Moon
▼ + stars: | 2024-05-03 | by ( Katrina Miller | More About Katrina Miller | ) www.nytimes.com time to read: +2 min

Why the far side of the moon? But the far side of the moon — it is not actually the dark side of the moon — is distinct from the near side. With a lunar far side sample, scientists can begin to probe why the two sides of the moon are so different. Because the same side of the moon always faces Earth, it is impossible to directly establish communications with the lunar far side. Chang’e-7, expected to launch in 2026, will search for water at the lunar south pole.

Persons: maria Organizations: Soviet, China National Space Administration Locations: United States, Soviet Union, China, Chang’e

☆ At Venice Biennale, Artists Make a Case for Returning Looted Artifacts
▼ + stars: | 2024-05-03 | by ( Alex Marshall | ) www.nytimes.com time to read: +1 min

When Glicéria Tupinambá, an Indigenous Brazilian artist, first visited the Quai Branly Museum in Paris, she had an encounter that would change her life. It was 2018 and museum officials had invited Glicéria — a member of the Tupinambá people — to see a mantle, or feathered cape, that her ancestors had made hundreds of years ago. Glicéria expected to simply study the artifact, she recalled in a recent interview. But upon seeing its plumage, she said, she started experiencing spectacular visions. “Suddenly, I see myself facing an ancestor,” Glicéria recalled, “and this ancestor shows me images from the past, and speaks to me with this vast and female energy.”Glicéria set out to learn everything she could about the capes, including how to make them herself.

Persons: Glicéria, Glicéria —, ” Glicéria, ” Organizations: Quai Branly Museum Locations: Brazilian, Paris, Bahia, Brazil

☆ The New York Mets are hiring for one of the most iconic mascot jobs in sports—here's how to apply
▼ + stars: | 2024-04-30 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

The New York Mets are looking for someone to pick up the mantle of one of the most iconic mascots in American sports. The Flushing, Queens-based ball club recently posted a job listing for a "high-energy, enthusiastic individual" to don Mr. Met's massive baseball-shaped head and serve as the team's most identifiable brand ambassador. The organization is looking for applicants with proven mascot experience and the ability "to perform physically demanding activities" while in the famous costume. But the role of manager of "Mascot Operations" for Mr. Met — as well as his wife Mrs. Met — requires much more than putting on the uniform and mask and keeping fans entertained between innings. Job responsibilities include working with the Mets' marketing team, managing department budgets and coordinating mascot appearances at events around the city.

Organizations: New York Mets, Microsoft, Mets Locations: Flushing, Queens

☆ Labor Department issues rule to crack down on bad retirement savings advice
▼ + stars: | 2024-04-23 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Al Drago/Bloomberg via Getty ImagesThe Biden administration issued a final rule on Tuesday that cracks down on the investment advice that advisors, brokers, insurance agents and others give to retirement savers. The final rule takes effect on Sept. 23. Current retirement rules don't provide adequate protections to savers, Labor Department officials said during a press call Tuesday. Such a dynamic can "chip away" at Americans' savings, Gomez said. The amount of 401(k)-to-IRA rollovers is 'astronomical'The final rule doesn't differ significantly from the Biden administration's initial proposal, Labor officials said.

Persons: Al Drago, Biden, Obama, Lisa Gomez, That's, Gomez, Andrew Oringer, Oringer Organizations: U.S . Department of Labor, Bloomberg, Getty, Labor, Security, The Labor Department, Economic Advisers, Biden, Finance, Economic, Wagner, Department of Labor Locations: Washington, IRAs

☆ Pluto’s heart was likely created by an ancient collision
▼ + stars: | 2024-04-18 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

A deep basin called Sputnik Planitia, which makes up the “left lobe” of the heart, is home to much of Pluto’s nitrogen ice. The New Horizons spacecraft took an image of Pluto's heart on July 14, 2015. Johns Hopkins University Applied Physics Laboratory/Southwest Research Institute/NASAThrough new research on Sputnik Planitia, an international team of scientists has determined that a cataclysmic event created the heart. The teardrop shape of Sputnik Planitia is a result of the frigidity of Pluto’s core, as well as the relatively low velocity of the impact itself, the team found. The researchers believe that the new theory regarding Pluto’s heart could shed more light on how the mysterious dwarf planet formed.

Persons: Clybe Tombaugh, Pluto, it’s, ”, Harry Ballantyne, Erik Asphaug, ” Asphaug, “ That’s, Sputnik Planitia, Martin Jutzi, Kelsi Singer, ” Singer Organizations: CNN, Regio, Johns Hopkins University Applied Physics Laboratory, Research Institute, NASA, Sputnik, Pluto, University of Bern, University of Arizona’s, Laboratory, University of Bern’s Physics, Kelsi, Southwest Research, New Locations: United States, Switzerland, Boulder , Colorado

☆ Book bans are accelerating across the country amid right-wing pressure campaign
▼ + stars: | 2024-04-17 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

But, as they try to claim that mantle, many of those same forces in media and politics are behind a disturbing wave of book bans sweeping the nation. PEN America, a non-profit organization committed to protecting free expression, published an alarming report Tuesday indicating that the “book ban crisis” is only getting worse. “There were over 4,000 instances of book bans in the first half of this school year—more than all of last school year as a whole. In doing so, they have also disproportionately targeted books by women and nonbinary authors,” PEN America said. Ted Shaffrey/APSuch brazen book bans — unprecedented in modern American history — is at its worst in the red states of Florida and Texas.

Persons: New York CNN —, Nikole Hannah, Margaret Atwood’s, ” Amy Reed’s, Rupi, “, ”, ’ ‘, Ted Shaffrey, Ron DeSantis, Abdi Nazemian, I’ve, ” Nazemian, “ I’ve, ” Kasey Meehan, Read, we’re Organizations: New York CNN, PEN America, The New York Times, ” PEN America, Central Library, Brooklyn Public Library, PEN Locations: New York, USA, birthed, ’, New York City, Florida, Texas, In Florida, In Texas, Iranian, Iowa

☆ Live Nation could be hit with antitrust suit as soon as next month: report
▼ + stars: | 2024-04-15 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Live Nation is expected to be hit with an antitrust lawsuit as soon as next month, The WSJ reported. Live Nation, which owns Ticketmaster, has long faced criticism over its ticket fees. The Justice Department could sue Live Nation, the concert giant that owns Ticketmaster, as soon as next month following a probe into its handling of venue and ticket negotiations, The Wall Street Journal reported Monday. Related storiesThe department is prepared to file the antitrust suit alleging Live Nation leveraged is dominance in the market to suppress competition, The Journal reported, citing people familiar with the matter. Swift released a statement shortly after the incident saying she was "pissed off" and described the outage as "excruciating," The New York Times reported at the time.

Persons: —, Taylor, Swift, I'm, Swifties Organizations: WSJ, Ticketmaster, Service, The, Street, Legal, Institute of Cornell Law School, LiveNation, Justice Department, Business, New York Times, Times, Billboard

☆ Russian opposition leader Alexey Navalny’s memoir will be published in October
▼ + stars: | 2024-04-11 | by ( Mariya Knight | ) edition.cnn.com time to read: +2 min

CNN —Russian opposition leader Alexey Navalny’s memoir will be published posthumously this fall, his widow revealed Thursday. The book, titled “Patriot,” will be released on October 22 in multiple languages, including Russian, Yulia Navalnaya said in a post on social platform X. Kira Yarmysh, Navalny’s spokesperson, described working on the book in a Telegram post on Thursday, writing that the Russian opposition leader had invited her to Germany, where he was undergoing medical treatment after the poisoning, to assist in the project. Navalny dictated parts of the book to Yarmysh at the time, but finished it while in prison after returning to Russia in 2021. He died on February 16 at age 47 in a Siberian prison north of the Arctic Circle, according to the Russian prison service.

Persons: Alexey Navalny’s, Yulia Navalnaya, Navalnaya, Kira Yarmysh, Navalny, ”, Alfred A Knopf, ” Navalny, Russia’s, Vladimir Putin’s, Putin Organizations: CNN, Penguin Random, Kremlin Locations: Russian, Soviet, Germany, Russia, United Kingdom, United States

☆ Jennifer Garner is becoming America's Mom — and you can thank Netflix for that
▼ + stars: | 2024-04-05 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

With a spate of family-friendly Netflix films under her belt, Jennifer Garner is becoming "America's Mom." Jennifer Garner in "Yes Day." AdvertisementAssuming the mantle of America's Mom isn't a left-field move for Garner. Her Netflix roles have cemented her status as America's Mom even further. After all, if America's Mom tells you to watch her Christmas movie or drink your fruit juice, she probably has your best interests in mind, right?

Persons: Jennifer Garner, —, Sydney Bristow, Elektra Natchios, Ben Affleck, Elektra, Garner, Affleck, it's, she's, Tom Hanks, Gen Xers, Claus, Matt Kennedy, Ryan Reynolds, Mrs, isn't, She's, Jenna Ortega Organizations: Netflix, Service, CIA, ABC's, Fox, Capitol Locations: romcoms

☆ Rare 4.8-magnitude earthquake leaves little damage after rattling Northeast
▼ + stars: | 2024-04-05 | by ( Ray Sanchez | Alaa Elassar | ) edition.cnn.com time to read: +10 min

She found her neighbors describing the same rattling, realizing they had experienced an earthquake in a suburb about 20 miles east of New York City. New York City Mayor Eric Adams urged New Yorkers to "go about their normal day.” Brittainy Newman/APUSGS said the earthquake occurred at 10:23 a.m. Three neighboring homes in Newark, New Jersey, were evacuated after residents reported structural damage, according to the city’s public safety director. Good quality New York moment.”In Jersey City, New Jersey, Kristina Fiore was sitting at her desk in her apartment when her building shook for a few seconds. The epicenter was just northeast of Lebanon, New Jersey, less than 50 miles west of New York City, according to the USGS.

Persons: “, ”, Jeanne Evola, Eric Adams, ” Brittainy Newman, David Rodriguez, ” Long, Kathy Hochul, James Oddo, Fritz Fragé, –, Fragé, Kevin J, Bethel, ” Bethel, Spencer Platt, Reed Whitmont, Kristina Fiore, Fiore, panicking, Betancur, New York Kennedy, ” Nobody’s Organizations: New, New York CNN, Geological Survey, The New York Police Department, ” New York, New York City, New York City Fire Department, Empire, ” New York Gov, NYC Department of, Newark Public, Emergency Management, Philadelphia Police Department, Getty, Boonton Coffee Co, Earthquakes, Federal Aviation Administration, Newark Liberty, FAA, Amtrak Locations: New York, Washington, New York City, Maine, New Jersey, Square, Long, New, Hoboken , New Jersey, ”, New Jersey’s Hunterdon County, Lebanon, Newark , New Jersey, Newark, New Jersey’s Essex County, Montclair . In Pennsylvania, Lebanon , New Jersey, Manhattan, Park Slope , Brooklyn, York, Jersey City , New Jersey, Boonton , New Jersey, Philadelphia, AFP, Baltimore

☆ Mathilde Collin built a $1.7 billion email startup by the time she was 32. She's now stepping back at an inflection point for Front.
▼ + stars: | 2024-03-25 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

And so last fall, Collin kicked off a search for a new board director, to fill in her knowledge gaps. Now, Collin says she will step down as chief executive of Front after her hunt for a board director took an unexpected turn. She will move into an executive chair role on April 15, when O'Connell takes up the mantle as chief executive, Front tells Business Insider exclusively. Known for her sharp wit and radical candor, Collin started the business out of college in her native France. Advertisement"We're at a scale now where the CEO can't come in and sort of wave the proverbial magic wand and make things happen," said Mohammed Attar, Front's chief product officer.

Persons: Mathilde Collin, Collin, Dan O'Connell, O'Connell, Garry Tan, Paul Buchheit, Jack Altman, Kyle Vogt, Cruise, Jeff Lawson, Mohammed Attar, —, Josh Stein, Stein Organizations: Service, Business, Dialpad, Front Locations: San Francisco neighborhood, France, Dialpad

☆ Meet Prince William and Kate Middleton's inner circle who may be part of the team helping them navigate her cancer diagnosis
▼ + stars: | 2024-03-23 | by ( Maria Noyen | Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Kate Middleton and Prince William may lean on their inner circle following her cancer diagnosis. AdvertisementWhoever gets the job will join a team dedicated to guiding Prince William and Princess Kate through Kate's diagnosis. Kate's private secretary is a palace veteranA month after Kate underwent surgery, she hired a new private secretary: Lieutenant Colonel Tom White. Meanwhile, William's private secretary is relatively new to the royal sceneLike Kate, William also hired a new private secretary recently. Natalie Barrows, an assistant private secretary, to Kate Middleton, has been pictured with her at several public events over the years.

Persons: Kate Middleton, Prince William, Prince, Princess of Wales, —, Wales, Kate, Princess Kate, Tom White, White, he's, Elizabeth II, Queen Elizabeth II's equerry, Max Mumby, Princess, William, Ian Patrick, Patrick, Lee Thompson, Adam, Edwina Iddles, The Royal Foundation of The Prince, Caroline Dinenage, Rhea Vernon, Natalie Barrows, Natasha Archer, Archer, Chris Jackson Organizations: Service, People Magazine, Royal Marines, Telegraph, British Foreign Office, NBCUniversal, CNBC, The Royal Foundation of The, EU, Office, Getty Images Locations: Wales, Kensington, British, London, Bosnia, Herzegovina

☆ Analysis: China worried about return of Trump, but also sees opportunities if he wins 2024 election
▼ + stars: | 2024-03-10 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +15 min

Then-US President Donald Trump and his wife Melania with Chinese leader Xi Jinping and his wife Peng Liyuan at Beijing's Forbidden City in 2017. “If this decoupling is carried out by Trump 2.0 in a very forceful way, the impact on China is going to be very severe. But experts say China’s business and official sectors are likely already considering contingency plans. Chinese leader Xi Jinping and Russian President Vladimir Putin leave a reception following talks at the Kremlin in March 2023. “Whoever wins – the structure of (US) confrontation, competition, pressure to China are still there,” he said.

Persons: Joe Biden, Xi, Donald Trump, didn’t, –, Biden, Wang Yi, Trump, He’s, Trump’s, Brian Wong, ” Wong, Lintao Zhang, Obama, Melania, “, Xi Jinping, Peng Liyuan, Xie Huanchi, he’s, ”, Bala Ramasamy, Shen Dingli, Premier Li Qiang, Ronald Reagan, “ Biden, Shen, ” Trump, skeptically, Vladimir Putin, Putin, Pavel Byrkin, Wong, it’s, Wang Yiwei Organizations: Beijing CNN —, Communist Party, Biden, Senior, Trump’s “, University of Hong Kong’s, Contemporary, House, oceanside, Trump, of, Forbidden, Huawei, Oxford Economics, China Europe International Business School, Premier, American, South Korea Navy, Asia –, Russia’s, NATO, Europe, Kremlin, Getty, South Korea –, White House, Renmin University Locations: China, Beijing, State, US, Russia, Communist, Contemporary China, Taiwan, Lago, City, Xinhua, Shanghai, Southeast Asia, Latin America, Europe, China's Qingdao Port, –, Asia, Seoul, Tokyo, Ukraine, United States, AFP, Japan, South Korea, America, Washington, Hong Kong, South China

Vizio would no doubt love to reclaim its spot, but the brand's new Quantum Pro 4K QLED TV (VQP65C-84) won't get it there. The Quantum Pro has its advantages, including impressive off-axis viewing and competitive gaming and motion response via its 120Hz panel. Vizio 65-inch Quantum Pro QLED 4K TV Vizio's Quantum Pro is a solid midrange 4K QLED TV with impressive viewing angles for its class. Ryan Waniata/Business InsiderMoving the Quantum Pro from the box to your TV console is relatively simple. Ryan Waniata/Business InsiderGaming with the Quantum Pro is mostly a good time, especially for brighter titles like "God of War: Ragnarok."

Persons: Vizio, Hisense, it's, Ryan Waniata, U7K, Harry Potter, there's, that's, There's, isn't Organizations: Business, Google, Quantum, Shop, Walmart, Dolby, Samsung, Sony, SmartCast, Alexa

☆ Corporate taxes, consumer costs top economic agenda for Biden State of the Union
▼ + stars: | 2024-03-08 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden delivers the State of the Union address in the House Chamber of the U.S. Capitol in Washington, D.C., on March 7, 2024. President Joe Biden laid out plans to further reshape the tax system and promised to lower costs for Americans during his State of the Union address Thursday. "A fair tax code is how we invest in the things that make this country great. Nonetheless, the pitch still serves to fire up Democrats and to underscore what the White House sees as fundamental inequalities in the tax code. The president promised to expand several of his administration's most progressive economic accomplishments, including the new corporate alternative minimum tax.

Persons: Joe Biden, Biden, Donald Trump Organizations: Chamber, U.S, Capitol, Washington , D.C, Republican, White Locations: Washington ,

☆ Analysis: Navalny will be back, but only after Putin’s rule is over
▼ + stars: | 2024-03-01 | by ( Nathan Hodge | ) edition.cnn.com time to read: +3 min

But the fact that Navalny’s funeral went ahead, after two cruel weeks of bureaucratic delay and official obfuscation, is perhaps a sign of the Kremlin’s confidence. The funeral of Navalny was the funeral of the Russian opposition movement – for now. Navalny returned to Russia following his recovery from nerve-agent poisoning in 2021 precisely because he wanted to remain an active player in politics. Behind bars, Navalny had remained a potent symbol of resistance, sending messages that poked fun at the prison administration. “Music from the final scene was played at his funeral.”To quote the Terminator, Navalny will be back.

Persons: Alexey, –, Vladimir Putin, Navalny, Yulia Navalnaya –, Putin, Kira Yarmysh, Arnold Schwarzenegger, “ Alexey, ”, “, Maria Pevchikh Organizations: London CNN, of, Russian, Independent Locations: Moscow’s Maryino, Russian, Russia, Ukraine, Navalny’s

☆ Biden and Trump win Michigan primaries
▼ + stars: | 2024-02-27 | by ( Eric Bradner | ) edition.cnn.com time to read: +6 min

CNN —President Joe Biden and former President Donald Trump won their respective parties’ primaries in Michigan on Tuesday. “We demand President Biden to take action now – bring a permanent ceasefire,” said Layla Elabed, the campaign manager for the group. The Michigan primary was moved up near the front of the Democratic presidential nominating calendar this year. Biden defeated Trump in Michigan by about 150,000 votes four years later. After Democrats, who control the state Legislature and the governor’s office, moved the Michigan primary to February 27 despite the Republican opposition, the RNC and Michigan GOP came up with the hybrid model.

Persons: Joe Biden, Donald Trump, Biden, Trump’s, Nikki Haley’s, “, ”, Rashida Tlaib, Andy Levin, Vermont Sen, Bernie Sanders ’, Sanders, Layla Elabed, ” Biden, ” Elabed, It’s, Gretchen Whitmer, you’ve, Trump, —, Pete Hoekstra, Kristina Karamo, Hoekstra, CNN’s Arit John, Dianne Gallagher, Jeff Zeleny Organizations: CNN, Democratic, South Carolina Gov, Muslim, Michigan Rep, America, Trump, Michigan, White House, Biden, Israel, Michigan —, United Auto Workers, UAW, Michigan GOP, Michigan Republicans, Republican, Committee, RNC Locations: Michigan, Gaza, Vermont, Iowa, New Hampshire, Dearborn, United States, Palestinian American, — demoting Iowa, South Carolina, Nevada, Netherlands, Grand Rapids, Detroit

☆ A Conservative Judge’s Critique of the Supreme Court’s Reliance on Tradition
▼ + stars: | 2024-02-26 | by ( Adam Liptak | ) www.nytimes.com time to read: +1 min

Judges who are committed to originalism, which seeks to interpret the Constitution based on what it meant when it was adopted, often say they are guided by “text, history and tradition.” The phrase rolls nicely off the tongue. But one of those things is not like the others, a conservative federal appeals court judge said this month in a lively talk at Harvard Law School that critiqued recent trends at the Supreme Court. And maybe it is indeed all those things. But let’s be clear: It’s not originalism.”The Supreme Court’s blockbuster 2022 decisions eliminating the right to abortion and expanding gun rights both drew on traditions that emerged after the constitutional provisions in question were ratified. The rulings did not turn on their discussion of tradition, but nor were they minor asides.

Persons: ”, Kevin C, Newsom, Donald J Organizations: Harvard Law School, Supreme, U.S ., Appeals, Circuit, Trump

☆ Navalny’s mother asks Putin to release her son’s body in video filmed outside Arctic penal colony
▼ + stars: | 2024-02-20 | by ( Joshua Berlinger | ) edition.cnn.com time to read: +5 min

CNN —Alexey Navalny’s family has made a direct plea to Russian President Vladimir Putin for the release of the Russian dissident’s body, five days after he died behind bars in a penal colony. Standing in the snow outside the facility where her son was imprisoned, Lyudmila Navalnaya addressed Putin directly, saying she has not been told where Navalny’s body is. Navalny’s lawyer tried to call a number on the building’s door, but he was told the body was not there. Navalny’s lawyer tried to call a number on the building’s door, but he was told the body was not there. Two days later, Navalnaya was rebuffed in person at the morgue, Yarmish said, adding that staff refused to say whether the body was inside.

Persons: CNN — Alexey Navalny’s, Vladimir Putin, Lyudmila Navalnaya, Putin, ” Navalnaya, Navalny, Navalny “, ”, Navalnaya, Kira Yarmish, Yarmish, Navalny’s, Novichok, Yulia Navalnaya, “, Dmitry Peskov, Alexey, Don’t, Oleg, ministry’s, Oleg Navalny Organizations: CNN, Staff, European Union Foreign Affairs, EU, Munich Locations: Russian, Putin’s, Soviet, Russia, Germany

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