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CNN —Donald Trump’s allies in right-wing media have a problem ahead of CNN’s presidential debate: They’ve set the bar too low for President Joe Biden. That might sound like an exaggeration to those who don’t tune in to Fox News or listen to talk radio, but it has been a real and constant theme in the right-wing media universe. That’s a worry for right-wing media figures, which risk seeing their bogus narrative about Biden being ripped up in real time. One such claim boosted by Trump’s media allies is the conspiracy theory — which lacks any evidence — that the president will be on performance-enhancing supplements or drugs during the debate. While it is an absurd accusation, it is one MAGA Media is gleefully pushing, even attempting to do so on CNN’s own air.
Persons: CNN — Donald Trump’s, They’ve, Joe Biden, MAGA, Biden, That’s, Megyn Kelly, ” Kelly, Barack Obama’s, Trump, , ” Trump, Jesse Watters, , Biden “, Sean Hannity, Jake Tapper, Dana Bash, Tapper, Kasie Hunt, Karoline Leavitt, Leavitt, Hunt, ” Hunt Organizations: CNN, MAGA Media, Fox News, Trump, Democratic Locations: Washington
Joanna Bailey, a family physician and obesity specialist, doesn’t want to tell her patients that they can’t take Wegovy, but she has gotten used to it. Around a quarter of the people she sees in her small clinic in Wyoming County would benefit from the weight-loss medications known as GLP-1s, which also include Ozempic, Zepbound and Mounjaro, she says. The drugs have helped some of them lose 15 to 20 percent of their weight. But most people in the area she serves don’t have insurance that covers the cost, and virtually no one can afford sticker prices of $1,000 to $1,400 a month. “Even my richest patients can’t afford it,” Dr. Bailey said.
Persons: Joanna Bailey, ” Dr, Bailey Organizations: West Virginia —, West Virginia’s Public Employees Insurance Agency Locations: Wyoming, West Virginia
Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to serve a second term, including reheated inflation. "While each of us has different views on the particulars of various economic policies, we all agree that Joe Biden's economic agenda is vastly superior to Donald Trump's," the economists wrote. "There is rightly a worry that Donald Trump will reignite this inflation, with his fiscally irresponsible budgets," wrote the group of politically progressive academics. Joseph Stiglitz, who won the Nobel Prize in 2001, led the effort to publish Tuesday's letter. "Nonpartisan researchers, including at Evercore, Allianz, Oxford Economics, and the Peterson Institute, predict that if Donald Trump successfully enacts his agenda, it will increase inflation," the economists wrote.
Persons: Donald Trump, Joe, Donald Trump's, Axios, Trump, Joseph Stiglitz, George Akerlof, Sir Angus Deaton, Claudia Goldin, Sir Oliver Hart, Eric Maskin, Daniel McFadden, Paul Milgrom, Roger Myerson, Edmund Phelps, Paul Romer, Alvin Roth, William Sharpe, Robert Shiller, Christopher Sims, Robert Wilson Organizations: Federal Reserve Board, Wall Street, Evercore, Allianz, Oxford Economics, Peterson Institute Locations: China
Rivian and VW join up to design vehicle software
  + stars: | 2024-06-25 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +3 min
CNN —Rivian and Volkswagen Group are forming a joint venture to create vehicle software, the two companies announced Tuesday. The two automakers did not provide a name for the new joint venture company or name its leadership team. Rivian’s fundamental vehicle software design is expected to provide the basis for the new company’s software. The technologies designed by the company will include both the user-interface software that runs things like the entertainment system and gauges and deeper vehicle software that interacts with things like the vehicle’s motors. VW already has its own vehicle software subsidiary, Cariad, and that company will continue with its work, VW chief executive Oliver Blume said on a conference call.
Persons: CNN —, RJ Scaringe, that’s, , Scaringe, it’s, Oliver Blume, what’s, Blume, ” Scaringe Organizations: CNN, Volkswagen Group, VW, Volkswagen, Porsche’s, Porsche Locations: Georgia, Atlanta
Read previewOctopus Ventures, a London-based investment firm, has laid off 8 employees, sources have told Business Insider. Related storiesSeparate from the layoffs, Malcolm Ferguson, who led Octopus Titan VCT, has left the fund to join London firm ETFS Capital. Following the headcount reduction, the investment team across all Octopus funds totals 41 people. Octopus Ventures' portfolio includes Elliptic, Secret Escapes, ManyPets, and Peak.ai. Octopus Ventures serves as the venture arm of Octopus Group.
Persons: , Malcolm Ferguson, Jo Oliver Organizations: Service, Business, Capital, COVID, Octopus Ventures, Octopus Locations: London
Trade between the US and Germany was 63.2 billion euros in the first quarter of 2024, edging out the 60 billion euros of trade between China and Germany, according to data from the German government. AdvertisementElectric vehicles are causing riftsAutomobiles are at the center of a new dispute between China and Germany. Nearly a third of German car sales in 2023 came from China, according to Reuters, leaving the industry vulnerable to a trade war. The slump in German exports to China is a sign of vulnerability in trade relations, according to the FT. In 2022, trade between China and Germany was 50 billion euros greater than that between Germany and the US.
Persons: , Biden, EVs, Robert Habeck, Habeck, Oliver Rakau, Martin Wolf Organizations: Service, Business, European Union, Bloomberg, European Commission, BMW, Porsche, Volkswagen, Reuters, EU, European Union Chamber of Commerce, Atlantic Council, Oxford Economics, US, Trump, Biden Locations: China, Germany, Russia, Ukraine, West, Beijing, European, materializing, Red, Europe, Brussels
Baker is an example of a Gen Z boss who is setting a new standard for productivity by prioritizing her team's mental health and work-life balance. Related storiesLike Hodgson, Winsbury never worked for anyone else and has never even been to a job interview. "We're also constantly pushing our team to make sure that they are having a life outside of work," Winsbury said. Fellow Gen Zers, he said, can be frustrating to work with because they have been conditioned to be impatient. Hodgson said Gen Zers "get a bad name" for being work-shy, but he doesn't think that's the whole story.
Persons: , Raven Baker, Baker, X, who's, Raven Baker Oliver Hodgson, Hodgson, he's, Oliver Hodgson, Darren Robinson, Sam Winsbury, Winsbury, it's, We're, Daniel Hambury Jessie Urvater, Margot Adams, Jessie Urvater, Jessie Urvater Michelle Enjoli, Enjoli, Zers, I'm Organizations: Service, Business, Kurogo
New York CNN —When will Jeff Bezos actually address the upheaval roiling his newsroom? “Will Lewis needs to step down for the good of The Post and the public,” wrote Higham on Facebook. But surely the billionaire understands the dire situation gripping The Post. Staffers at The Post are very much waiting for Bezos to take some meaningful form of action. In the absence of Bezos, the stories raising questions about Lewis’ ethical integrity keep coming.
Persons: Jeff Bezos, Will Lewis, Bezos, Lewis, Robert Winnett, David Maraniss, doesn’t, Scott Higham, Lewis ’, “ Will Lewis, , Higham, it’s, He’s, Boris Johnson, Johnson Organizations: New York CNN, Washington Post, The, Facebook, CNN, Financial Times, New York Times Locations: New York, Higham
CNN —Robert Winnett, the British journalist who was slated to take over as executive editor of The Washington Post, will no longer join the newspaper. Washington Post publisher Will Lewis broke the news to newspaper staffers in a memo Friday morning. “It is with regret that I share with you that Robert Winnett has withdrawn from the position of Editor at The Washington Post. After a scathing report from Washington Post staff, Robert Winnett will remain at the Daily Telegraph and will not join the Post as its new editor. Spokespersons for the Telegraph and The Washington Post did not immediately comment.
Persons: Robert Winnett, Will Lewis, Rob, ” Lewis, , Winnett, , Chris Evans, “ I’m, Rob Winnett, ” “, Matt Murray Organizations: CNN, The Washington Post, . Washington Post, The Telegraph Media, Washington Post, Daily Telegraph, LinkedIn, Post, London’s Telegraph, Telegraph Locations: British
His anti-revenue campaign reached its peak/nadir last fall, when he literally told advertisers to "go fuck yourself." And that's where Musk explained that when he told advertisers to go fuck themselves last year, he didn't mean all advertisers. "It was with respect to freedom of speech," he told Read. AdvertisementMeanwhile, the exodus of big brand advertisers has pushed Twitter ad rates way, way down. And I do shoot myself in the foot from time to time," he told Read.
Persons: , Elon Musk, Mark Read, Musk, Read, Oliver Darcy, Joe Biden's, Donald Trump, Barack Obama, Joe, Puck, there's, It's Organizations: Service, Elon, Business, Cannes, WPP, Twitter, YouTube, Facebook, CNN, Associated Press, Washington Post, Democratic Party, Republicans, Google, Media Locations: France, Mexico, Washington
Gilead 's experimental twice-yearly medicine to prevent HIV was 100% effective in a late-stage trial, the company said Thursday. The results bring Gilead one step closer to introducing a new form of pre-exposure prophylaxis, or PrEP, and broadening its HIV business. If those results are positive, the company could bring lenacapavir for PrEP to market as soon as late 2025. RBC Capital Markets analyst Brian Abrahams expects Gilead's shot will significantly increase the number of people interested in preventive HIV medicine. In its statement disclosing the lenacapavir trial results Thursday, Gilead said it plans to share an update on how it plans to address access in such countries where people suffer high incidence rates of HIV.
Persons: Gilead, Jared Baeten, Gilead's Truvada, Bruce Richman, Tim Oliver, they'd, Brian Abrahams, Gilead's, — CNBC's Leanne Miller Organizations: Food and Drug Administration, PrEP, Centers for Disease Control, Prevention, Health, FDA, RBC Capital Locations: U.S, New York
New York CNN —Elon Musk told advertisers last year to “go f**k yourself.” This year, he is showcasing a much different attitude. The erratic billionaire, realizing that he very much needs major advertisers to power X, was in the South of France on Wednesday, attending Cannes Lions, the world’s largest advertising festival. Put together, it’s is no mystery why major brands have taken their advertising dollars elsewhere. Musk even said at the time that the damage to X’s bottom line was so great, it could eventually kill the company. Musk likely does not want to see the platform go the way of the woolly mammoth, which is why he is now trying to woo advertisers back.
Persons: New York CNN — Elon Musk, Mark Read, Musk, , ” Read, Andrew Ross Sorkin, hadn’t, , ” Musk, X, it’s, , Joe Biden’s, Donald Trump Organizations: New York CNN, France, Cannes Lions, WPP, SpaceX, Associated Press, Washington Post, Democratic Party, Republicans Locations: New York, South, Israel, Mexico, Washington
CNN —Donald Sutherland, a veteran actor known for roles in “M*A*S*H,” “Klute” and “The Hunger Games,” has died, according to a statement from his agency CAA. “With a heavy heart, I tell you that my father, Donald Sutherland, has passed away,” Kiefer Sutherland, Donald Sutherland’s son, wrote in a post on Instagram Thursday. BeginningsBorn in Saint John, New Brunswick, Sutherland endured several bouts of ill health as a child, including polio. The 6’4” actor met his first wife, Lois Hardwick, in college, and the two married in 1959. He also discussed subtly altering his dialogue, as he put it, to “try to make the lines that I’ve been given fit my mouth.”Jeff Goldblum, Brooke Adams and Donald Sutherland in 1978's "Invasion Of The Body Snatchers."
Persons: CNN — Donald Sutherland, , , Sutherland, Donald Sutherland, ” Kiefer Sutherland, Donald Sutherland’s, J, Paul Getty, Hawkeye Pierce, Jane Fonda, Oscar, Fonda, ” Donald Sutherland, Julie Christie, Nicolas Roeg’s “, Oliver Stone’s “, ” Sutherland, Federico Fellini, “ Fellini’s Casanova, filmgoers, Lois Hardwick, Shirley Douglas, Kiefer, Rachel, Francine Racette, Hugh Grant, ” Jeff Goldblum, Brooke Adams, Max Dugan, John Grisham, Halle Berry, Patrick Wilson, Bass Reeves Organizations: CNN, CAA, , Soviet, Globes, National Lampoon, Lionsgate, Oliver Stone’s “ JFK, University of Toronto, Hollywood, United, Reuters, Academy of Motion Picture Arts, Sciences, of, Paramount Locations: Miami, Saint John , New Brunswick, London, of Canada
If you did, you’d remember him, maybe a little uneasily. His voice could clear a range from excitedly high to a menacing bass that would make you feel like ducking for cover. His turn as the titular private detective opposite Jane Fonda in Alan Pakula’s 1971 “Klute” rides a tricky knife’s edge — is he a good guy? Sutherland worked constantly and, unlike some actors of his generation, never really seemed like he belonged to a single era. In the book, he’s sardonic and contemptuous of all but his oldest two daughters, Jane and Lizzy; the reader doesn’t walk away with particularly warm feelings about him.
Persons: Donald Sutherland, wasn’t, he’d, “ we’ve, Sutherland, Jane Fonda, Alan Pakula’s, Philip Kaufman’s, , X, Oliver Stone’s, Hawkeye Pierce, Robert Altman’s, Vernon, Pinkley, Robert Aldrich’s, Joe Wright’s, Bennet, Jane Austen’s, Jane Organizations: GQ
CNN —Two Pulitzer Prize-winning journalists at The Washington Post went on the record late Wednesday, calling for leadership change at the storied newspaper as questions swirl over the integrity of its new publisher and chief executive, Will Lewis. “Will Lewis needs to step down for the good of The Post and the public,” Higham replied in a comment on Maraniss’ post. “He has lost the newsroom and will never win it back.”Spokespersons for Bezos and The Post did not immediately comment. Inside The Post’s newsroom, morale has plunged as staffers express alarm over Lewis’ conduct and worries over the future direction of the newspaper under his leadership. “Bezos must recruit an accomplished, experienced editor whom journalists admire and trust.”
Persons: Will Lewis, , ” David Maraniss, ” Maraniss, Jeff Bezos, Lewis, ” Scott Higham, Maraniss, “ Will Lewis, ” Higham, , Lewis ’, Robert Winnett, Rupert Murdoch’s, David Folkenflik, ” Lewis, Bezos, ” Bezos, Jeffrey Sonnenfeld, Sonnenfeld, Katharine Graham, Ben Bradlee, Marty Baron, ” Sonnenfeld, “ Bezos Organizations: CNN, The Washington Post, The, New York Times, NPR, Post, Yale School of Management
New York CNN —Donald Trump can’t quit Fox News. Comparatively, Trump posted 26 video clips from the upstart internet streamer Right Side Broadcasting Network, 11 videos from the pro-Trump cable channel Newsmax, and 5 from the far-right Real America’s Voice. He posted eight links to Real America’s Voice, only three to Breitbart, and one to the New York Post. Indeed, Polskin’s analysis pulls back the curtain on how Trump works the media. The warped feedback loop is yet another way in which he exploits the media for his own ends.
Persons: Donald Trump can’t, Trump, Rupert, Lachlan Murdoch, , Howard Polskin, Breitbart, Polskin, Biden, ” Polskin, bashed Murdoch Organizations: New York CNN, Fox News, Republican, Fox News Channel, Broadcasting Network, Trump, Real America’s, New York, Real America’s Voice, Washington Examiner, Washington Times, Associated Press, The New York Times, CNN, Washington Post, POLITICO, NBC News, Yorker, Reuters, Locations: New York, FoxNews.com
New York CNN —Jeff Bezos has a decision to make — and it is one that will determine the future course of one of the nation’s most prestigious news organizations. Or he can side with his Pulitzer Prize-winning newsroom, which is repudiating their new leader in clear and unmistakable terms. And The Post reported Sunday that a “thief” who used deceptive tactics to obtain private material had ties with Winnett. The stories landed like a one-two punch in The Post newsroom, raising even more alarm and upping the panic level at the newspaper to new heights. When Bezos first appointed Lewis, staffers at The Post understood that he needed to appoint a publisher and chief executive who would shake things up in the newsroom.
Persons: Jeff Bezos, Will Lewis, Lewis, Rupert Murdoch, Sally Buzbee, Murdoch, David Folkenflik, Robert Winnett, , Bezos, Fred Ryan, Donald Trump, they’re, we’ve, I’m, Jeffrey Sonnenfeld, Katharine Graham, Ben Bradlee, Marty Baron, ” Sonnenfeld, “ Bezos Organizations: New York CNN, Washington Post, Fleet Street, CNN, NPR, New York Times, Post, Times, Good, Yale School of Management Locations: New York
"The Commission considers that the sample was selected in accordance with the WTO rules and the corresponding EU legislation in this regard," he said. "The Volkswagen Group confidently accepts the growing international competition, including from China, and sees this as an opportunity. The NDRC's Jin added that the EU anti-subsidy probe does not appear to be based off an industry or business complaint. "Consequently, the Commission has reached out to Chinese authorities to discuss these findings and explore possible ways to resolve the issues identified in a WTO-compatible manner," the EU statement said. The Biden administration in May announced it would raise tariffs on imports of Chinese electric cars from 25% to 100%.
Persons: Olof Gill, Gill, BEV, Oliver Zipse, Elon, Jin, EU's Gill, BEV producers, Biden Organizations: CNBC, WTO, Major, Volkswagen Group, EU, Volkswagen, U.K, BMW Group, BMW, SAIC, EV, EVs Locations: Union, China, Germany, Europe, Western Europe, Shanghai, EU, WTO
CNN —Jeff Bezos, the billionaire owner of The Washington Post, broke his silence Tuesday on the mounting turmoil within his newspaper, expressing support for maintaining high standards at the storied publication as questions swirl over the ethical integrity of its new publisher, Will Lewis. Bezos added in the memo, which was obtained by CNN, that “it can’t be business as usual” at The Post, which has been plagued by financial and audience woes. With your support, we’ll do that and lead this great institution into the future,” Bezos wrote. “But, as the newsroom leaders who’ve been shaping and guiding our coverage, you also know our standards at The Post have always been very high. That can’t change — and it won’t.”“You have my full commitment on maintaining the quality, ethics, and standards we all believe in,” Bezos added.
Persons: Jeff Bezos, Will Lewis, , ” Bezos, Lewis, Bezos, Carlotta Cardana, , Lewis ’, Robert Winnett, Rupert Murdoch’s, David Folkenflik, ” Lewis, Jeffrey Sonnenfeld, Sonnenfeld, Katharine Graham, Ben Bradlee, Marty Baron, ” Sonnenfeld, “ Bezos Organizations: CNN, The Washington Post, The News, Bloomberg, Getty, New York Times, NPR, Post, Yale School of Management Locations: The, London
"It's a family tradition," Oliver, of mid-coast Maine, told Business Insider. Related storiesShe told BI that she had never experienced sexism in the job and the lobstermen she'd met were "friendly." Virginia Oliver working on her lobster boat with her son. Oliver still enjoys the taste of lobsterShe told BI that she has not become tired of eating lobster. Do you have a powerful story about longevity to share with Business Insider?
Persons: , Virginia Oliver won't, haven't, Oliver, Herbert Hoover, Willie, Mickey, JOSEPH PREZIOSO, she'd, Dale Shierholt, I've, She's, she's, Wayne Gray, BI he'd, Virginia Oliver, Gray, Maine Oliver, Shierholt Organizations: Service, Business, Disney, BI Locations: Maine, America, Virginia
In 2016, the Libertarian Party presidential candidate, Gary Johnson, received more votes than any of the party’s other candidates in history and the most of any third-party candidate since Ross Perot — and arguably, the Libertarian Party has never recovered. Much like the conservative movement, the libertarian movement has been divided between more “normie” libertarians who have embraced criminal justice reform and social freedoms (like immigration and the rights of L.G.B.T.Q. And in 2024, the Libertarian Party Convention featured appearances from people like former President Donald Trump. But in a major surprise, the winner of the party’s presidential nominating process was not the Mises Caucus’s favorite but Chase Oliver, a 38-year-old, gay antiwar activist who had left the Democratic Party. I spoke with Mr. Oliver about what libertarianism means to him today, how he plans to fight for independent votes this year and why the Libertarian Party failed 2020’s “libertarian moment.”
Persons: Gary Johnson, Ross Perot —, Donald Trump, Mises, Chase Oliver, Oliver Organizations: Libertarian Party, Mises, Democratic Party
Kylian Mbappe suffered a fractured nose during France’s Euro 2024 win over Austria on Monday but will not undergo surgery at this time. AdvertisementThe 25-year-old was seen bleeding heavily from his nose as he was attended to by medical staff on the pitch. — Kylian Mbappé (@KMbappe) June 17, 2024Speaking before the diagnosis was confirmed head coach Didier Deschamps acknowledged the blow that losing Mbappe to injury would be for his side. Asked by French television channel TF1 if the fear was a broken nose, he said: “Apparently yes, his nose is not good at all. It’s so intense.”GO DEEPER The Briefing: Austria 0 France 1 - Mbappe's bloodied nose, pitch problems, Deschamps' dilemma(Michael Regan – UEFA/UEFA via Getty Images)
Persons: Kylian Mbappe, Kevin Danso, Mbappe, Des idées Organizations: Austria, Real, Dusseldorf Locations: Real Madrid, France, Netherlands
While original tickets have already sold out, we've put together everything you need to know when it comes to how to buy All Things Go tickets. The All Things Go festival first took place in 2014 at Union Market and has since expanded in scope and following. How to get All Things Go ticketsOriginal tickets to All Things Go tickets were available through the festival's website, but they sold out pretty quickly. Original All Things Go tickets started at $119 for single-day passes to the DC festival (or $199 for two-day passes) and $149 for two-day passes to the NYC festival (no single-day tickets were sold). At the time of writing, Vivid Seats' cheapest two-day ticket listings for the NYC festival start at $242, and the cheapest two-day listings for the DC festival start at $650.
Persons: we've, Chappell Roan, Reneé Rapp, Janelle Monáe, Conan Gray, Marren Morris, Remi Wolf, Ethel Cain, Julien Baker, Michael Kiwanuka, Maisie Peters, Briston Maroney, Sammy Rae, De Souza, GrentPerez, Rachel Chinouriri, Annie Dirusso, Allison Ponthier, Oliver Malcolm, Maren Morris, Holly Humberstone, David Kushner, Lola Young, Towa, Abby Roberts, Muna, & Clair Clair Organizations: Business, DC, Union Market, Kennedy Center Orchestra, The, & Locations: DC, Columbia , Maryland, Forest Hills , New York, New York, Flipturn, Del, Towa Bird
New York CNN —Alex Jones’ conspiracy empire is on the brink. If the judge rules in favor of Sandy Hook families, Infowars would be shuttered. In such a scenario, a court-appointed trustee would be tasked with securing the assets and then selling off Jones’ media empire, including the website, studio space, and broadcasting equipment. “Infowars would no longer exist,” Christopher Mattei, an attorney who represents some of the Sandy Hook families, explained this week to CNN’s Hadas Gold. But the attorneys representing Sandy Hook families expect that the most likely scenario is Jones’ Infowars empire will be sold off, piece by piece, with the proceeds going to their clients.
Persons: Alex Jones ’, Sandy Hook, Jones, Infowars, ” Christopher Mattei, ” Jones, Tucker Carlson, Dinesh D’Souza, Alex Jones, ” Mattei, , Organizations: New York CNN, Systems, Companies, Fox News, Voting Systems, America News, Salem Media Locations: New York, Texas, Newtown , Connecticut, Connecticut
Baird: Adobe's report is proof it's all about expectations
  + stars: | 2024-06-14 | 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 EmailBaird: Adobe's report is proof it's all about expectationsBaird senior software analyst Rob Oliver discusses Adobe's Q2 results and whether AI demand will continue to push revenue forward in the coming months.
Persons: Baird, Rob Oliver
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