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☆ Donald Trump's allies are doing his dirty work while tiptoeing around his gag order
▼ + stars: | 2024-05-16 | by ( Geoff Weiss | Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

But while the former president has been uncharacteristically restrained recently, a cast of Republican lawmakers and Trump surrogates have traveled to court to rail about the proceedings. It's raised questions about whether the "surrogates" could be violating Trump's gag order. Sen. Tommy Tuberville of Alabama, who has been floated as a potential VP pick, told Newsmax one reason he attended was to "overcome this gag order." Under the gag order, Trump is not allowed to comment about Cohen. But Neama Rahmani, a former federal prosecutor, told BI that "practically speaking," Judge Merchan can do little to stop lawmakers from speaking on Trump's behalf.

Persons: —, Donald Trump, Michael Cohen, It's, Mike Johnson, JD Vance, Ohio, Rick Scott of, Vivek Ramaswamy, Vance, Doug Burgum, Matt Gaetz, Michael M, Trump, Juan Merchan's, Andrew Rice, he'd, Sen, Tommy Tuberville, Lauren Boebert, Cohen, Boebert, Donald J, Andrew Lieb, Lieb, ANGELA WEISS, Laurie Levenson, Neama, Merchan, Rahmani, Jeff Modisett Organizations: Service, Republican, Trump, Business, Sens, Gov, Republicans, MSNBC, Caucus, Loyola Law, Former Indiana Locations: Rick Scott of Florida, Florida, Alabama, Colorado, Manhattan

☆ Menendez defense lawyer denies bribery scheme and says gold bars found at senator’s home belonged to his wife
▼ + stars: | 2024-05-15 | by ( Holmes Lybrand | Gregory Krieg | ) edition.cnn.com time to read: +7 min

Menendez is not running for reelection in next month’s Democratic primary but has said he would consider an independent bid should he be exonerated. “Evidence will show Nadine’s family had a lot of gold,” Weitzman said, asserting that she did not discuss money with the senator and kept financial problems she had from him. Weitzman also said the gold bars were found in Nadine’s locked closet, which the senator didn’t have access to. The potential jurors – an array of New Yorkers, including pastors, a standup comedian and amateur musicians – were pressed on whether they could be unbiased and fairly consider testimony from law enforcement officers or convicted criminals. One potential juror spoke about being a “news junkie” who couldn’t sit on the trial because “I’ve learned about the case significantly.

Persons: CNN — Sen, Bob Menendez’s, “, ” Menendez, Avi Weitzman, Nadine, Menendez, Wael Hana, Fred Daibes, Donald, Lara Pomerantz, “ Robert Menendez, ” Pomerantz, Nadine Menendez, Weitzman, ” “, ”, ” Weitzman, Menendez “, ” Nadine, didn’t, Hana, whittle, “ I’ve, Sidney Stein, they’ve, ” Stein, Bob Menendez, Stein, Robert F, Kennedy Jr, I’m Organizations: CNN, New, New Jersey Democrat, Jersey businessmen, Democratic, United, White House, Egypt’s Ministry of Foreign Affairs Locations: Manhattan, New Jersey, Egypt, Qatar, Jersey, Egyptian American, United States, Lebanon, Paris

☆ DC just got serious about taking on China in the AI arms race
▼ + stars: | 2024-05-15 | by ( Katie Balevic | Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

A bipartisan Senate group is calling for $32 billion in annual federal AI spending. The group wants to ensure the US stays ahead of China — which is also spending big on AI. Group leader Sen. Chuck Schumer said the money will "cement America's dominance in AI." AdvertisementA bipartisan group of US Senators wants to spend billions of dollars on a game plan to dominate artificial intelligence. Senate Majority Leader Chuck Schumer and three other senators who assembled an AI Working Group released their initial report on Wednesday.

Persons: Sen, Chuck Schumer, —, It's Organizations: Senate, Service, US, Business Locations: China

☆ Forget Zendaya — I want to see what the TikTok CEO will wear at the Met Gala
▼ + stars: | 2024-05-06 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +2 min

TikTok is sponsoring the Met Gala this year, and CEO Shou Chew is expected to be there. The "ban or divest" law was just passed 2 weeks ago, and TikTok plans to fight it in court. Related storiesIt just so happens that TikTok is a main sponsor for this year's Met Gala, so that's why Chew is expected to be there. AdvertisementThe Met Gala is a beloved, fun event with a highbrow sheen. It will be interesting to see if the images of Chew from Monday's gala will affect the public's current understanding of him and TikTok.

Persons: TikTok, Shou Chew, Chew, —, Jennifer Lopez, Rihanna, Shou Chew —, Jeff Bezos, Lauren Sanchez, Adam Mosseri, Elon Musk, Mark Zuckerberg, Ralph Lauren Organizations: Service, The New York Times Locations: Monday's

☆ Local senators slam FAA bill provision that would add long-haul flights to a key DC-area airport and benefit lawmakers: 'Ridiculous and dangerous'
▼ + stars: | 2024-04-29 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Many lawmakers on Capitol Hill have been pushing for long-haul flights at National Airport for years. But the senators from Virginia and Maryland are firmly against the provision, pointing to safety concerns. AdvertisementFor many members of Congress, the allure of adding long-haul flights to Ronald Reagan Washington National Airport (DCA) is impossible to resist. While Delta Air Lines has thrown its support behind the long-haul provision, United Airlines has opposed the push. Washington Dulles International Airport and Baltimore/Washington International Thurgood Marshall Airport, while fully equipped to handle long-haul flights, are miles outside of Washington, DC.

Persons: —, Ronald Reagan, Democratic Sens, Mark Warner, Tim Kaine, Virginia, Ben Cardin, Chris Van Hollen, Kaine, Warner, Cardin, Van Hollen Organizations: Capitol, National Airport, FAA, Service, Ronald Reagan Washington National Airport, National, Federal Aviation Administration, Democratic, DCA, Delta Air Lines, United Airlines, Washington Dulles International Airport, Washington International Thurgood Marshall Airport Locations: Virginia, Maryland, Ronald Reagan Washington, Arlington, Va, Western, America, Baltimore, Washington

☆ Insider Today: LinkedIn ghostwriter boom
▼ + stars: | 2024-04-28 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Meta CEO Mark Zuckerberg BIThis week's dispatchBig Tech takeawaysTesla, Meta, Microsoft, and Alphabet reported earnings last week. Microsoft: AI spend was also the name of the game at Microsoft. Alphabet also issued a $0.20 per share dividend — its first ever — joining its Big Tech peers like Microsoft, Apple, and Meta, in the dividend club. drbimages/Getty, LinkedIn, Tyler Le/BILinkedIn ghostwriting is boomingLinkedIn influencers are becoming more popular, with some amassing followings of millions of people.

Persons: —, Herman Miller Eames, Mark Zuckerberg, Tesla, Meta didn't, Kevin C, Cox, Jenny Chang, Rodriguez, Goldman Sachs, Dominic Bugatto, Dani Widell, Hokyoung Kim, Tyler Le, Samu Hällfors Organizations: Service, Business, Big Tech, Meta, Microsoft, Apple, The, Airbnb, LinkedIn

☆ The FBI continues to ignore Jeffrey Epstein's victims even after reaching $139 million settlement for botched Larry Nassar investigation
▼ + stars: | 2024-04-26 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

The Justice Department settled over 100 claims from victims of Larry Nassar for $138.7 million. But it's ignored claims from Jeffrey Epstein victims, who say law enforcement failed to protect them. Representatives for the Justice Department didn't immediately respond to Business Insider's request for comment Friday. But the Justice Department, while not denying wrongdoing, hasn't engaged in settlement talks, he said. He said, "It's confusing and confounding" that the FBI isn't addressing the claims of Epstein's victims with the same urgency it gave Nassar's.

Persons: Larry Nassar, it's, Jeffrey Epstein, Epstein, —, Nassar, Jordan Merson, Merson, Justice Department didn't, Jane, Alexander Acosta, Donald Trump's, Ghislaine Maxwell, Acosta, Cory Booker, Marsha Blackburn, Christopher Wray, Wray, hasn't Organizations: Department, Service, Justice Department, USA Gymnastics, Justice, FBI, Business, DOJ, Miami Herald, Department's, US, US Virgin Islands Locations: New York, Florida, US Virgin

☆ TikTok's time in the US could soon be on the clock, and that's not the app's only problem
▼ + stars: | 2024-04-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

The big storyTick-tock on TikTokChelsea Jia Feng/BITikTok's time in the US could soon be on the clock. When it's all said and done, a TikTok ban could be in place before the week's end. Business Insider's Peter Kafka explains why the TikTok ban, while more imminent than ever, still has a long way to go . A TikTok ban would benefit one familiar face in social media, though, writes BI's Katie Notopoulos . YouTube Shorts, too, stand to grab more attention after a TikTok ban.

Persons: —, Caitlin Clark's, Chelsea Jia Feng, ByteDance, Joe Biden, it's, Business Insider's Peter Kafka, Michael Beckerman, TikTok, hawking, BI's Lindsay Dodgson, outperforming, Katie Notopoulos, Merrill Lynch, Tyler Le, Andy Sieg's, Merrill, Lindsay Hans, Eric Schimpf, It's, Steve Cohen's, Grzegorz Wajda, Hokyoung Kim, Nordstrom, Tesla, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Nike, Bloomberg Intelligence, YouTube, Big Tech, New York Stock Exchange, NYSE, Chelsea, Getty, Walmart, BI, Costco, Amazon, Motors, Spotify Locations: Americas, TikTok, Merrill, China, American, New York, London

☆ Special Education, Inc.
▼ + stars: | 2024-04-21 | by ( Meghan Morris | ) www.businessinsider.com time to read: +34 min

AdvertisementNate Smallwood for BITo some, private equity's business model appears antithetical to special education. (The average public school district in Pennsylvania, where New Story operates the most schools, spends about $23,000 per child across all types of public education. "Private equity has no place in education — especially special education," Sen. Sherrod Brown of Ohio told BI. For instance, two Pennsylvania education directors left in spring 2023, according to records obtained by BI — one after just months in the role. AdvertisementNickie Coomer, a Colorado College education professor who has written about the privatization of special education, told BI that this data gap is a major regulatory hole, one that private-equity companies are happy to exploit.

Persons: Emily, Sarah, Nate Smallwood, Sarah didn't, —, Mergermarket, Shanon Taylor, Taylor, Sen, Sherrod Brown, Bob Casey of Pennsylvania, Casey, Paul Volosov, Volosov, Jim Grinnen, Rachel Wisniewski, Christina Spielbauer, Spielbauer, Nathaniel Garnick, Garnick, sully, Craig Richards, He's, Richards, they're, " Richards, Judith McKinney, Grinnen, Donnell McLean, McLean, Natalie Stoup, Blackstone, haven't, Biden, of Education spokespeople, Nickie, …, that's, didn't, Hill, Amy Hall Kostoff, Kostoff, Green, she'd Organizations: Business, State College ,, New, BI, Audax Group, Kentucky, Pennsylvania State Employees, Schools, Audax, Rock Academy, University of Nevada, Ohio, Pennsylvania Department of Education, Rock, Reading School District, River Rock Academy, Virginia's Department of Education, Green Tree, Pay, Tree, Autism, Forbes, NBC News, Federal Trade Commission, of Education, Colorado College, Tree School, Pennsylvania's Department of Education, Pennsylvania, In State College Locations: State College , Pennsylvania, Boston, Pennsylvania, Reno, —, Ohio, New Story's, Rock, Virginia, , Ohio, New Jersey , Pennsylvania, New Story's New Cumberland , Pennsylvania, CARD's Virginia, Philadelphia, Rochelle Park , New Jersey

☆ Why Georgia continues to be a jump ball for Biden and Trump ahead of November
▼ + stars: | 2024-04-14 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Both Biden and Trump view Georgia as a highly-coveted electoral prize in the 2024 election. AdvertisementSo Georgia remains a highly-competitive swing state, with both Biden and former President Donald Trump hoping to win its 16 electoral votes. A view of the gold-domed Georgia State Capitol and downtown Atlanta. In last month's Georgia GOP presidential primary, Trump easily defeated his onetime opponent, former UN ambassador Nikki Haley. A bulk of Haley's voters came from the Atlanta metropolitan area, primarily in suburbs where Trump was tripped up by Biden in 2020.

Persons: Biden, —, Joe Biden's, Raphael Warnock, Jon Ossoff, Brian Kemp's, Stacey Abrams, Donald Trump, Brynn Anderson, Trump, Biden eked, Steve Helber, Henry, Barack Obama, Jason Allen Will, Nikki Haley, Haley, weren't, Kemp, Brad Raffensperger, Raffensperger Organizations: Biden, Trump, Service, Black, Democratic, Georgia, Republicans, GOP, CBS News, Marist, Marist Georgia Poll, Georgia State Capitol, AP, The, Cobb, Fulton County Locations: Georgia, Atlanta, Arizona , Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, The Atlanta, Fulton County, Gwinnett, Clayton , DeKalb

☆ Nick Saban: Former football coach laments the current landscape of college sports
▼ + stars: | 2024-03-13 | by ( Kevin Dotson | Ben Morse | ) edition.cnn.com time to read: +4 min

CNN —Invited to speak at a roundtable discussion with a handful of US Senators on Capitol Hill Tuesday, former football coach Nick Saban spoke about how the current landscape of college athletics contributed to his decision to retire from the University of Alabama after the 2023 season. “All the things that I believed in for all these years, 50 years of coaching, no longer exist in college athletics,” Saban said at the roundtable, a video of which was posted online by Sen. Ted Cruz (TX). “I’m for student athletes being able to share in some of this revenue. Second, committ to work with their peer institutions in this subdivision to create rules that may differ from the rules in place for the rest of Division I. At the conclusion of the roundtable, Saban again expressed his worry for the future of college sports.

Persons: CNN —, Nick Saban, ” Saban, Sen, Ted Cruz, ” “, “, I’m, Saban, ”, “ I’m, couldn’t, Charlie Baker, Baker, IX, committ, it’s Organizations: CNN, Senators, Capitol, University of Alabama, Alabama, LSU, NCAA Division, NCAA Locations: Ted Cruz (, Division

☆ Microsoft engineer sounds alarm on company's AI image generator in letter to FTC
▼ + stars: | 2024-03-06 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

AdvertisementJones claimed in the letter that Microsoft's AI image generator can add "harmful content" to images that can be created using "benign" prompts. Jones, Microsoft, and the FTC didn't immediately respond to Business Insider's request for comment before publication. AdvertisementThis isn't the first time Shane publicly vocalized his concerns about Microsoft's AI image generator. Microsoft isn't the only major tech company that's been slammed for its AI image generator. "In a competitive race to be the most trustworthy AI company, Microsoft needs to lead, not follow or fall behind," he wrote.

Persons: —, Shane Jones, Jones, Vader, FTC didn't, Shane, OpenAI's ChatGPT, Demis Organizations: Service, Microsoft, Federal Trade Commission, Copilot, Business, LinkedIn, Star, CNBC, FTC, Google, Gemini

☆ Anesthetics, crutches, dates. Inside Israel’s ghost list of items arbitrarily denied entry into Gaza
▼ + stars: | 2024-03-01 | by ( Tamara Qiblawi | ) edition.cnn.com time to read: +18 min

In a January 13 press conference, Israeli Prime Minister Benjamin Netanyahu boasted about permitting “minimal humanitarian aid” to enter Gaza. “We provide minimal humanitarian aid,” Netanyahu said. Other trucks carrying dates have been allowed into Gaza, according to UN data. Over 1,000 children have undergone leg amputations in Gaza, according to UNICEF, some without anesthesia. “An Israeli tank missile hit her when she was on the sixth floor of our building,” Bseiso told CNN.

Persons: Jordan, Joe Biden, Tamim al, Chris Murphy, Abed Zagout, ”, “, ” COGAT, COGAT, Benjamin Netanyahu, ” Netanyahu, Israel, Clodagh Kilcoyne, “ I’ve, Janti Soeripto, we’ve, ” Soeripto, Chris Van Hollen, Jeff Merkley, ” Van Hollen, they’d, Van Hollen, ” Tania Hary, GISHA, Ahed Bseiso, Hani Bseiso, ” Bseiso, ” Ahed, Bseiso, Ghassan Abu, Sittah, ” Abu, Dr Ghassan Abu, Alex Platt, Um Adel, Khan Younis, Jamie McGoldrick, Marwan al, Mary Rogers Organizations: Jordan —, CNN, United Nations Children's Fund, UNICEF, Getty, Children, UN, “, Bseiso Medicines, World Health Organization, Jordanian Hashemite Charity Organization Locations: Gaza, Gaza City, Thani, ”, Anadolu, Arish, Rafah, Gazan, there’s, Territories, COGAT, ” Israel, Israel, Egypt, Nitzana, Palestinian, London, Abu, British, Khan, Jordanian, Jordan, Al

☆ US allows China to boost passenger flights to 50 per week as summer travel season nears
▼ + stars: | 2024-02-27 | by ( Laura He | ) edition.cnn.com time to read: +4 min

By February of that year, most American airlines had suspended flights to China due to fears about the coronavirus. In the next month, the CAAC slashed international flights to China, citing the need to curb imported Covid-19 cases. Despite the two sides amending their rules after negotiations, the number of flights between the United States and China still fell significantly during the pandemic. We look forward to once again welcoming Chinese group travel to the United States,” she said in a statement issued at the time. In June, Reuters reported that newly approved flights by Chinese airlines were indeed avoiding Russian airspace on their way to the United States.

Persons: Hong Kong CNN —, David McNew, Trump, Gina Raimondo, ”, Biden Organizations: Hong Kong CNN, US Department of Transportation, ” Citi, Civil Aviation Administration of China, Air China, LAX Tom, US, Reuters Locations: China, Hong Kong, Hong Kong CNN — Washington, United States, Los Angeles , California, Beijing, Washington, Russia, Ukraine

☆ Justice Department calls for dismissal of the Corizon bankruptcy
▼ + stars: | 2024-02-25 | by ( Dakin Campbell | Nicole Einbinder | ) www.businessinsider.com time to read: +5 min

Read previewIn the latest blowback to the correctional healthcare company formerly known as Corizon Health, the Department of Justice's US Trustee Program — the watchdog of the federal bankruptcy system — called for the dismissal of its contentious bankruptcy. In a mid-January motion, a committee representing prisoners who filed suit against Corizon alleging medical neglect requested that Judge Christopher Lopez dismiss the bankruptcy outright. In that letter, Warren lauded the Trustee for filing its October objection to Corizon's bankruptcy plan. While Corizon recently offered a larger, $54 million settlement proposal, the committee representing the current and former prisoners opposed it. "The federal government's bankruptcy watchdog has taken a strong stand to protect against big corporations' abuse of our bankruptcy system," she said in her statement.

Persons: —, Christopher Lopez, Ha Ngyuen, Andrew Jiménez, Corizon, Elizabeth Warren, Dick Durbin, Bernie Sanders, Warren, Isaac Lefkowitz, Lefkowitz, Nguyen, Jason Brookner Organizations: Service, Department of Justice's, Business, U.S, Department of Justice, Tehum Care Services, M2LoanCo, Geneva Consulting Locations: Texas, Tehum

☆ Dean Phillips says it's 'absurd' that Amy Klobuchar is running for reelection while comparing himself to Liz Cheney
▼ + stars: | 2024-02-23 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Rep. Dean Phillips said it's "absurd" that Sen. Amy Klobuchar is running for reelection this year. AdvertisementAs Sen. Amy Klobuchar seeks a fourth term in the Senate, one fellow Democratic member of the Minnesota delegation isn't having any of it. "I think the fact that Senator Klobuchar is running for another reelection is absurd," Rep. Dean Phillips said on "The Chad Hartman Show," a local radio show in Minneapolis. "Minnesotans want leaders who get results and that's what Senator Klobuchar does," said Hill. In the interview, Phillips also compared himself to former Rep. Liz Cheney of Wyoming, who lost reelection to a GOP primary challenger after turning against former President Donald Trump.

Persons: Dean Phillips, Sen, Amy Klobuchar, Phillips, who's, Biden, —, Klobuchar, Chad Hartman, Joe Biden, Nancy Pelosi shouldn't, bIrfbZFMwl, RSQaFw2ac7 — Aaron Rupar, Ben Hill, Minnesotans, Liz Cheney, Donald Trump Organizations: Minnesota Democrat, Congress, Service, Democratic, isn't, Senate, GOP Locations: Minnesota, Minneapolis, Klobuchar, Wyoming, America

☆ Schism over Russia drives Republicans apart
▼ + stars: | 2024-02-20 | by ( Zachary Wolf | Analysis Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

CNN —There are emerging signs of a deep schism in the Republican Party over how or even whether the US should stand up to authoritarianism in Russia. With a not-so-subtle nod to Trump’s failure to criticize Russia for Navalny’s death, she compared elections in democracies to those in autocracies. Compare it with House Speaker Mike Johnson, who, at Trump’s behest, is refusing to bow to pressure to allow a vote on US aid to Ukraine. If it is clear where Haley and Trump stand on opposing Russia and helping Ukraine, what’s in Johnson’s mind is a secret. “If there is a Mike Johnson plan, there aren’t any House Republicans that are aware of its existence.” Read their full report.

Persons: Donald Trump, It’s, Nikki Haley, Haley, Alexey Navalny, ” Haley, Trump, CNN Haley’s intransigence, Mike Johnson, ” Johnson, @realDonaldTrump Organizations: CNN, Republican Party, Republicans, United, Republican, “, Mar, Trump, Twitter, ’ Locations: Russia, Ukraine, South Carolina, Russian, autocracies ., Soviet

☆ Russia historians say the Tucker Carlson interview solidified one thing about Putin — he's off the rails
▼ + stars: | 2024-02-13 | by ( Erin Snodgrass | Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussian President Vladimir Putin delivered a strange performance fueled by Russian propaganda and imperialist posturing in his interview with right-wing media host Tucker Carlson last week. The two-hour interview revealed little new information about the war in Ukraine — beyond that it is likely to continue — but did manage to highlight Putin's increasing delusion, according to two Russia historians. AdvertisementThe Russian president parroted in great, slogging detail many of the erroneous talking points he's used over the years to bolster his belief that Ukraine ought to be under Russian control. "Instead, he showed that it wasn't Russian insecurity, but Putin's personal imperialism, that motivated the war," English said.

Persons: —, Vladimir Putin, Tucker Carlson, Robert English, Putin, parroted, he's, Rurik, Simon Miles, Carlson, combusted, Putin didn't, Miles, Masha Gessen, Hitler, Gessen, Donald Trump Organizations: Service, Business, University of Southern, Duke University's Sanford School of Public, Soviet Union, GOP, NATO Locations: Ukraine, Russia, University of Southern California, Soviet Union, Eastern Europe, Russian, Polish, Lithuanian Commonwealth, Soviet, West, Kyiv, United States, Israel

☆ A soft landing is now likely. But Americans will still deal with unaffordable housing
▼ + stars: | 2024-02-04 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

In a letter days before the Fed’s decision Wednesday to hold interest rates steady at a 23-year high, Democratic US senators blasted the central bank for America’s housing woes. In 2021 when the Fed’s key interest rate was near zero, home-price growth soared at a historic double-digit pace, according to the S&P CoreLogic Case-Shiller National Home Price Index. Divounguy said that the average 30-year fixed mortgage rate will likely not fall below 6% this year. That way we can actually start heading in the right direction with affordability and have that be sustainable and not just a short-term interest rate phenomenon,” she said. Richmond Fed President Thomas Barkin delivers remarks.

Persons: Valerie Plesch, Orphe Divounguy, Freddie Mac, it’s, Fannie Mae, Divounguy, ” Daryl Fairweather, Trump, Jerome Powell, Donald Trump, Powell, David Goldman, Alexandra Ross, ” Trump, Maria Bartiromo, Joe Biden, Estee Lauder, Tyson, Raphael Bostic, Eli Lilly, Loretta Mester, Walt Disney, Adriana Kugler, Thomas Barkin, Michelle Bowman, Ralph Lauren, Armour Organizations: CNN Business, Bell, DC CNN, Federal Reserve, Democratic, Eccles Federal Reserve, Bloomberg, Getty, CNN, National Association of Realtors, Fox Business, Bureau of Labor Statistics, Trump, Fed, Caterpillar, Tyson Foods, P Global, Institute for Supply Management, Atlanta Fed, Toyota, UBS AG, Chipotle, Cleveland Fed, Walt, CVS, PayPal, Brands, Fox, The Carlyle, News Corporation, New York Times Company, Mattel, Spirit Airlines, US Commerce Department, China’s National Bureau of Statistics, ConocoPhillips, Unilever, Duke Energy, Expedia, Warner Music Group, Tenet Healthcare, Richmond Fed, Pepsico, Honda Locations: Washington, Washington , DC, CAVA

☆ Lawmakers rip into tech CEOs at Senate hearing on online child sexual exploitation
▼ + stars: | 2024-01-31 | by ( Aaron Mok | Camilo Fonseca | ) www.businessinsider.com time to read: +5 min

US lawmakers grilled CEOs from tech giants on their platform's online safety practices. Senators appeared to be bullish on whether the tech CEOs support their proposed laws. AdvertisementUS lawmakers grilled tech CEOs about their companies' online safety practices during this week's Senate Judiciary Committee hearing on online child sexual exploitation. During the hearing, which kicked off on Wednesday, US lawmakers were seen interrogating CEOs at tech giants like Meta, TikTok, and X on how they run their platforms and keep them safe. Advertisement"I hope you hear what is being offered to you and are prepared to step up and do better," Butler told the Meta CEO.

Persons: —, Sen, Lindsey Graham, there's, Graham, X's Linda Yaccarino, Snapchat's Evan Spiegel, –, Ted Cruz, Mark Zuckerberg, Zuckerberg, Cruz, – Zuckerberg, Shou Zi Chew, ByteDance, Chew, Cruz didn't, Tom Cotton, Richard Blumenthal, Blumenthal, California Sen, Laphonza Butler, Meta, Butler Organizations: Service, Meta, Chinese Communist Party Locations: China, Connecticut, California

☆ Unconditional aid to Israel is no longer the bipartisan certainty it once was as US senators begin to question Israel's campaign in Gaza and the West Bank
▼ + stars: | 2024-01-20 | by ( Peter Gelling | ) www.businessinsider.com time to read: +4 min

The United States has provided Israel with military and economic aid since its founding 75 years ago. But it seems even the United States might have a breaking point. An amendment from Sen. Tim Kaine of Virginia, meanwhile, would prevent Biden from transferring weapons to Israel without congressional support. AdvertisementNet favorability for Israel only dropped 2.2 percentage points in the United States, but US support for Israel is taking a toll on global perceptions of the United States. In Egypt, for instance, the United States "went from having a positive favorability of 41.1 to a negative favorability of -14.9 from September to December," Time wrote.

Persons: —, euphemistically, Joe Biden, Benjamin Netanyahu, Netanyahu, Biden, Sen, Chris Van Hollen, Axios, Israel, Tim Kaine, Bernie Sanders of, flack, Sanders Organizations: Service, Business, United, State Department, Israel Defense Forces, CNN, Israel, Democratic Party Locations: Israel, United States, Gaza, Maryland, Virginia, Bernie Sanders of Vermont, Washington, Egypt

☆ Ending US war aid will bring a 'big crisis' worse than just a weakened Ukraine, Zelenskyy warns
▼ + stars: | 2024-01-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

Without continued Western support for Ukraine's war efforts, the consequences could be dire, according to Ukrainian President Zelenskyy, who warned of a "big crisis" not just for Ukraine but for other countries as well. Zelenskyy has been warning about that worst case scenario outcome for months, as have experts and top war watchers. The roughly $111 billion package, which includes aid to Ukraine and Israel, has been held up by Republicans since October 2023. Should US aid to Ukraine dry up, it'll be a test of how Ukraine's European allies can fill in the gaps. Ukrainian servicemen drive a T-72 tank on the frontline in eastern Ukraine on July 13, 2022, amid the Russian invasion of Ukraine.

Persons: —, it's, Zelenskyy, Dmytro Smolienko, Joe Biden's, Biden, it'll, MIGUEL MEDINA, Vladimir Putin's, Dara, Putin, Volodymyr Zelenskyy, Anna Moneymaker, Putin's maximalist, Nicholas Carlson Organizations: Service, Business, Davos, NATO, Russian Federation, Armed Forces, American, Publishing, Getty, North, Republicans, GOP, US Senators, Carnegie Endowment, International, Russian, The Institute, Washington DC Locations: Ukraine, Russia, North Korea, Russian, Donetsk Oblast, Roman, Israel, AFP, Putin — Georgia, Syria, Washington , DC, Washington, Finland

If so, U.S. military aid to Israel, long assured without question, could be quickly halted. Heading toward the vote, Sanders said senators are nervous because what he’s trying to do is unprecedented in procedure and essentially practice. The action comes as Biden's request for $106 billion supplemental national security aid for Israel as well as Ukraine and other military needs is at a standstill. Going further, Sanders had already announced his refusal to support more military aid to Israel in the package because of the war. It requires that any arms or military aid must be used in accordance with international human rights accords.

Persons: Sen, Bernie Sanders, Biden, Benjamin Netanyahu's, Antony Blinken, Sanders, Israel, ” Sanders, John Kirby, ” Kirby, Netanyahu, Nixon, it's, Ellen Knickmeyer Organizations: WASHINGTON, U.S . State Department, Hamas, Israel, U.S, United, White House National Security, Foreign, State Department, Republicans, GOP, U.S . Associated Press Locations: Israel, Gaza, U.S, United States, Vermont, Ukraine, Mexico

☆ Nvidia is the stock of the year. Can it last?
▼ + stars: | 2023-12-05 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

New York CNN —It would be an understatement to say that it’s been a good year for Nvidia. The California-based chipmaking giant has seen its shares soar about 220% this year, making it the top performing S&P 500 stock in 2023. What’s happening: Just before Thanksgiving, Nvidia crushed doubts that its star was fading by reporting gangbuster third quarter earnings. By Sosnick’s count, Nvidia executives mentioned AI at least 70 times on their most recent earnings call. Historically, Nvidia has had hard falls after missteps — between 2021 and 2022, shares of the stock fell by 66%.

Persons: Hannah de Wolf, Colette Kress, There’s, ”, Steve Sosnick, we’ve, Nvidia …, Dan Ives, Goldman Sachs, Piper Sandler, Harsh Kumar, Sarat Sethi, DCLA, Sethi, it’s, missteps, hasn’t, Matt Egan, Robert Jackson Jr, Joshua Mitts, “, Mitts, it’s “, ” Mitts, Jackson, Catherine Cortez Masto, Biden, Cortez Masto, “ I’m, Todd Young, Tim Kaine, Mark Warner, Rand Paul, Mitch McConnell, Bill Hagerty, Marsha Blackburn ,, Joe Manchin, Roger Marshall, Katie Britt Organizations: CNN Business, Bell, New York CNN, Nvidia, Revenue, Nvidia can’t, Washington Service, Interactive, CNBC, Columbia University, New York University, Israel, Fund, SEC, NYU, …, CNN, US, EU, Indiana Locations: New York, California, China, Wedbush, Israel, Gaza, Columbia, Nevada, American, Virginia, Kentucky, Tennessee, Marsha Blackburn , West Virginia, Joe Manchin , Kansas, Alaska

☆ Trump ‘engaged in an insurrection,’ judge says, but should remain on Colorado ballot
▼ + stars: | 2023-11-17 | by ( Marshall Cohen | ) edition.cnn.com time to read: +10 min

CNN —A Colorado judge has ruled that former President Donald Trump “engaged in an insurrection” on January 6, 2021, but rejected an attempt to remove him from the state’s 2024 primary ballot, finding that the 14th Amendment’s “insurrectionist ban” doesn’t apply to presidents. ‘Trump engaged in an insurrection’In her ruling, Wallace agreed with almost everything that the challengers argued, except on the critical question of whether a president can be disqualified by the 14th Amendment. The group said it would file an appeal “shortly” to the Colorado Supreme Court, and hailed Wallace’s finding that Trump engaged in insurrection. “We’re respectful that the judge made the right decision,” Gessler said on “The Source.” “I understand she threw a lot of shade on President Trump, and we’re not happy about that. “It says Trump engaged in insurrection but can appear on the ballot anyway.

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