DIRS.INFO The most relevant business & tech news

☆ The Fed can still break markets. Here’s how
▼ + stars: | 2024-02-13 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Those gains came even as Federal Reserve officials attempted to reduce investors’ lofty expectations for a plethora of interest rate cuts this year. It is now signaling that interest rates could come this year but not until spring or summer. That means they think the Fed is keeping interest rates too high and could potentially slow down economic growth too much and risk a recession. That makes the NFL and the Super Bowl all the more valuable to advertisers trying to reach a mass market. Li-Lac Chocolates, which calls itself the oldest chocolate shop in Manhattan, told CNN that their raw chocolate prices are up 13% this February compared to a year ago.

Persons: Torsten Slok, Jerome Powell, Raphael Bostic, Olivier Darcy, Sunday’s, CNN’s John Towfighi, ”, Michele Buck Organizations: CNN Business, Bell, New York CNN, Big Tech, Federal Reserve, Investors, Nasdaq, Federal, Apollo Global Management, National Association for Business, Atlanta Fed, CNN, Kansas City Chiefs, San Francisco 49ers, CBS, Chiefs, Philadelphia Eagles, NFL, Allegiant, NFC, Fox, AFC, Super Bowl, Companies, Hershey Co Locations: New York, There’s, Las Vegas, West Africa, North America, Manhattan

☆ House Republicans prepare to vote again on Mayorkas impeachment, bolstered by return of Scalise
▼ + stars: | 2024-02-13 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

U.S. Department of Homeland Security Secretary Alejandro Mayorkas holds a press conference at a U.S. Border Patrol station on January 08, 2024 in Eagle Pass, Texas. House Republicans are preparing to take another stab at impeaching Homeland Security Secretary Alejandro Mayorkas, a week after the same effort failed in an embarrassment for Speaker Mike Johnson, R-La. This time around, Republicans are confident they will have the majority vote to impeach now that House Majority Leader Steve Scalise, R-La., has returned to Washington after cancer treatment, which prevented him from breaking last week's 215-215 tie. If Republicans eke out a majority vote against Mayorkas, he would become only the second cabinet member in U.S. history to be impeached. The White House has supported Mayorkas, condemning the impeachment effort as a political distraction by Republicans, who refused $20 billion of border security funding in a bipartisan Senate deal last week.

Persons: Alejandro Mayorkas, Mike Johnson, Steve Scalise, Tom Emmer, Ken Buck, Ken Buck of Colorado, Mike Gallagher, Tom McClintock of, Gallagher, Buck, spokespeople, McClintock, George Santos, Tom Suozzi, eke, Mayorkas, Marjorie Taylor Greene, Karine Jean, Pierre Organizations: Department of Homeland, U.S . Border Patrol, House Republicans, Homeland, Republican, Capitol, GOP House, CNBC, Democratic, Mayorkas, Rep, Press, House Press Locations: U.S, Eagle Pass , Texas, Washington, Ken Buck of, Wisconsin, Tom McClintock of California, New York, Marjorie Taylor Greene of Georgia

☆ With a low cocoa supply, this Valentine’s Day chocolate prices are up
▼ + stars: | 2024-02-12 | by ( John Towfighi | ) edition.cnn.com time to read: +9 min

Rising cocoa prices aren’t the only concern for customers this Valentine's Day. Last Thursday, Hershey Co. said it would cut 5% of its workforce after historic cocoa prices and inflation-weary consumers dampened fourth quarter earnings. “And it looks like it’s not necessarily going to subside anytime soon.”The Supreme Valentine’s Day SweetRoughly 92% of Americans say they plan to share chocolate and candy for Valentine’s Day this year, according to the National Confectioners Association. In 2023, Valentine’s Day chocolate and candy sales exceeded $4 billion, the NCA says. Issaka said that while high demand and low supply raise prices, cocoa farmers are getting squeezed.

Persons: ”, Michele Buck, Billy Roberts, ” Roberts, Lindsey Nicholson, Marnie Ives, Ives, ” Ives, “ It’s, Karl Schneider, Roberts’s, Issifu, Issaka, ” Issaka, “ I’m, Cote, Will Kletter, Sabi Ibarra Guerrero, Uwe Gneiting, Gneiting, Joke Aerts, Aerts, ” Aerts, Sia Kambou, Price, Tony’s, “, they’ve, CNN’s Eva Rothenberg Organizations: CNN, Hershey Co, National Confectioners Association, NCA, Cocoa, Oxfam America, Getty, Fairtrade, Cote d’Ivoire, “ Locations: West Africa, North America, Manhattan, Queens , New York, Neck, NY, Bloomfield , NJ, Ghana, North Region, Cote d’Ivoire, Silicon, Africa, Accra, Cote, Hermankono, AFP

☆ Biden calls on snack companies to stop shrinkflation ahead of Super Bowl
▼ + stars: | 2024-02-11 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

New York CNN —Joe Biden doesn’t want corporate greed to eat into your Super Bowl snack spread. “The American public is tired of being played for suckers,” said Biden in the video. He called on companies “to put a stop to this,” but did not mention any actionable steps his administration would be taking. Biden also didn’t address the companies by name, although the video panned over snacks like Doritos, Wheat Thins and Gatorade, which were mentioned in Casey’s report. Another 13% who feel the economy is still in decline cite Biden or Democratic policies.

Persons: New York CNN — Joe Biden doesn’t, ”, Shrinkflation, Democratic Sen, Bob Casey of Pennsylvania, Biden, Wheat, SSRS, CNN’s Ariel Edwards, Levy Organizations: New, New York CNN, Twitter, Democratic, Gatorade, CNN, Democrats Locations: New York

☆ Top House China hawk to retire, opening seat in battleground Wisconsin
▼ + stars: | 2024-02-10 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

His seat in Wisconsin's 8th congressional district is particularly valuable, given the state's battleground status and House Republicans' current rail-thin majority. Despite occasional resistance to his party, Gallagher is still an essential GOP vote representing a key swing state. Trump won Wisconsin in 2016 but lost it to President Joe Biden in 2020. In 2022, Gallagher won roughly 72% of the vote against several third-party candidates but no formal Democrat opponent. He was also appointed to the helm of the House's high-profile China committee, which was created at the start of last year.

Persons: Mike Gallagher, Gallagher, Alejandro Mayorkas, Donald Trump's, Trump, Joe Biden, Gallagher's, Kristin Lyerly, Christopher Wray Organizations: U.S, Capitol, Chinese Communist Party, Marine Corps, House Republicans, Homeland, Trump, Wisconsin, Badger, Democrat, Democratic, GOP, CCP Locations: Wisconsin's, Wisconsin, Washington, China

☆ Yen near 10-week low, dollar buoyant as traders adjust rate bets
▼ + stars: | 2024-02-09 | by ( ) www.cnbc.com time to read: +3 min

The yen wallowed near a 10-week low on Friday, while the dollar ground towards a fourth weekly advance as traders dialed back bets on how quickly the Bank of Japan, or BOJ, will raise interest rates and how soon the Federal Reserve will cut them. The yen wallowed near a 10-week low on Friday, while the dollar ground towards a fourth weekly advance as traders dialed back bets on how quickly the Bank of Japan, or BOJ, will raise interest rates and how soon the Federal Reserve will cut them. The yen was little changed at 149.315 per dollar in early Asian trading, after dipping to 149.48 late in the previous session for the first time since Nov. 27. Both currencies have been relatively resilient with officials from the European Central Bank and Bank of England pushing back against market wagers on early rate reductions. New Zealand's dollar gained 0.34% to $0.6117, supported by bets for a delayed start to Reserve Bank rate cuts - or even the potential for further hikes - after data this week showed a stronger-than-forecast jobs market.

Persons: Shinichi Uchida, Shunichi Suzuki, Jerome Powell, FOMC, Richard Franulovich, Sharon Zollner, bitcoin Organizations: Bank of Japan, Federal Reserve, BOJ, Japanese Finance, Traders, European Central Bank and Bank of England, Reserve, ANZ Locations: Tokyo

Hershey is cautioning on its 2024 profit growth as the company contends with rising cocoa costs that are leading to higher prices for chocolate. Cocoa futures prices have doubled over the past year and hit an all-time high of $5,874 per metric ton on Friday. Bad weather in West Africa is being blamed for damaging crop yields, which is pushing cocoa prices higher. But with inflation concerns still top of mind, many shoppers are pulling back on their spending and eyeing rising food prices cautiously. Hershey Co. anticipates its full-year earnings per share being relatively flat, partly due to higher cocoa and sugar costs.

Persons: Hershey, ”, Thomas Palmer, Michele Buck, ” Buck, Steven Voskuil Organizations: Citi, Hershey, Hershey Co Locations: West Africa

☆ The Bucket List Family: How to travel the world with three kids
▼ + stars: | 2024-02-08 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +10 min

“I never had the thought in my brain that ‘I want to travel around the world,’” Gee, from Denver, Colorado, tells CNN Travel. They soon began planning an extended trip to Southeast Asia and decided to launch an Instagram page, The Bucket List Family, to collate their adventures. “The little bit of traveling turned into three years full-time,” adds Gee, who has just released a travel guidebook, The Bucket List Family Travel, in partnership with National Geographic. The family went on to visit dozens of countries across the world, including Germany, Morocco, Japan, Brazil, Guatemala and Dominica. Family favoritesThe family of five have traveled to more than 90 countries.

Persons: Jessica Gee, Walt, ”, Garrett, Dorothy, Manilla, “, ” Gee, Gee, Jessica, Garrett Gee, who’ve, Callihan, Calihan, Geographic Gee, you’re, Gee’s, – that’s, it’s, They’ve, don’t Organizations: CNN, Walt Disney, CNN Travel, National Geographic, Gee, Central, East, Rwanda, Geographic, Disney Locations: Europe, Florida, Denver , Colorado, Vladivostok, Russia, Southeast Asia, Thailand, Singapore , New Zealand, Australia, Fiji, Tonga, Germany, Morocco, Japan, Brazil, Guatemala, Dominica, Belize, Central American, Alaska, East African, Rwanda, Hawaii, Africa, Antarctica, China, Borneo

☆ Hershey CEO: We are predicting 2 to 3% sales growth this year
▼ + stars: | 2024-02-08 | 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 EmailHershey CEO: We are predicting 2 to 3% sales growth this yearHershey CEO Michele Buck joins 'Squawk on the Street' to discuss Buck's insight into the consumer, the dynamic between higher prices and volume sacrifices, and snacking trends in North America.

Persons: Hershey, Michele Buck Organizations: Hershey Locations: North America

☆ 2 House Republicans push back against claims that a president can easily fix the border: 'Why didn't Trump just shut down the border? He couldn't.'
▼ + stars: | 2024-02-07 | by ( Madison Hall | ) www.businessinsider.com time to read: +2 min

As House Republicans failed Tuesday evening in a vote to impeach Homeland Security Alejandro Mayorkas, two staunch conservative representatives from Texas pushed back against former President Donald Trump's claims that reforming the US-Mexico border is easy. "We're not going to just pass the buck and say that, 'Oh, any president could walk in and secure the border,'" Roy said. "I saw former President Trump make that allegation earlier today on one of his social media posts. But his attempts to halt illegal immigration via a border wall and other means didn't work. "Why didn't Trump just shut down the border if you just think we don't need any changes to law?"

Persons: Alejandro Mayorkas, Donald Trump's, Chip Roy, Trump, We're, Roy, Dan Crenshaw, Crenshaw, didn't Trump Organizations: Service, Republicans, Homeland, GOP, Trump, Business, Cato Institute Locations: Texas, Mexico, United States, Houston

☆ John Goodman wants a do-over in his favorite Coen Brothers movie
▼ + stars: | 2024-02-07 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +8 min

When you think of John Goodman, you likely picture him as Walter Sobchak, the gun-toting bowling enthusiast from "The Big Lebowski." For the latest installment in BI's "Role Play" series, Goodman discusses his favorite Coen brothers movie, why "Bringing Out the Dead" was a hard movie to make, and the time he called 411 looking for Al Pacino. On his favorite Coen Brothers movie and faking it in his first movie roleYou made your movie debut in 1983 in "Eddie Macon's Run," which stars Kirk Douglas. [Laughs]On working with Al Pacino and the casting rumor about him he's never heard(L-R) John Goodman and Al Pacino in "The Sea of Love." [Laughs]On the movie that felt like he 'wasted a great opportunity'(L-R) John Goodman and Nicolas Cage in "Bringing Out the Dead."

Persons: John Goodman, Walter Sobchak, Dan Conner, Roseanne, Sulley, Rosanne, Goodman, Eli Gemstone, He'll, I've, I'm, Dan, Rosanne Barr, Barr, Coen, Al Pacino, Eddie Macon's, Kirk Douglas, Douglas, Kirk, Barton Fink, It's, Rushmore, Jeff, he's, Uncle Buck, John, Candy, Alfredo Pacino, Pacino, You've, Nicolas Cage, Martin Scorsese's, Dan Aykroyd, Scorsese, He's, he'd, Babe Ruth, Turturro, Eugene O'Neill Organizations: Inc, ABC, Al, Denzel Locations: televangelists, Angeles, Charleston, Laredo , Texas, Denzel Washington, Manhattan

LOS ANGELES (AP) — Las Vegas will be flooded with so many pre- Super Bowl events that Shaquille O'Neal lowered the prices to his popular carnival-themed “ Shaq's Fun House. “Las Vegas isn't ready for the show we're about to bring,” Big Boi said. The stars of the CBS show “The Neighborhood” will host the Super Bowl Soulful Celebration at the Palms Casino Resort on Wednesday night. MALUMA & SIRIUSXMColombian superstar Maluma will take his vibrant Latin music vibes into Las Vegas with the help of SiriusXM. ___More on the Super Bowl: https://apnews.com/hub/super-bowl

Persons: Shaquille O'Neal, O'Neal, We're, ”, He'll, Lil Wayne, Diplo, DJ Diesel, Rob Gronkowski, Michael Rubin, Beyoncé, Jay, Leonardo DiCaprio, Jennifer Lopez, Ben Affleck, Kendall Jenner, Rubin, Travis Scott, Meek, Lil Baby, Fabolous, Ludacris, Laroi, Mike, OutKast, Big Boi, Kevin Hart, Deon Cole, D.L, Desi Banks, Aida Rodriguez, Cedric, Tichina Arnold, Mary Mary, Kirk Franklin, Robin Thicke, Tully Banta, Cain, Bryan Scott, Arnold, “, Nate Burleson, —, DJ Afrojack, Gronkowski, BILLY IDOL, Billy Idol, Idol, he's stoked, Maluma, He's, Don Juan ”, “ COCO LOCO ”, David Guetta, Jack Harlow, Wynn, Zach Bryan, Tiësto, LIV, Savage, Guy Fieri, Leigh Steinberg Organizations: ANGELES, NBA, Fun, Wynn, Sports Illustrated's, Hamptons, Cosmopolitan, MADDEN, EA Sports, Madden, of, Madden NFL, Theatre, CBS, NFL, Super, Sunday, Location's, Touchdown Club, SIRIUSXM, Virgin Hotels, Pandora, Las, GQ, Nomad Library Locations: Las Vegas, Sin City, Encore, Atlanta, Hughley, Palms, British, Allegiant, Vegas, Fontainebleau

☆ Update: House Republicans are still a mess
▼ + stars: | 2024-02-07 | by ( Brent D. Griffiths | Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

In a matter of minutes, Republicans failed to impeach Homeland Security Secretary Alejandro Mayorkas. For days after gaining the majority, the GOP was unable to secure enough votes to make Kevin McCarthy House speaker. Between those two events, House GOP leaders lost control of the floor multiple times. Fourteen Republicans joined House Democrats in opposing the aid to Israel, a result that once would have been stunning considering the decades of bipartisan support for the nation. Now, it's just another reminder of how much of a mess Congress, and in particular, House Republicans, have become.

Persons: —, Mike Johnson, Alejandro Mayorkas, Johnson, Steve Scalise, Ken Buck, impeaching Mayorkas, Scalise's, Scalise, Bloomberg's Billy House, George Santos, Al Green of, Marjorie Taylor Greene, Kevin McCarthy, Israel package's, Joe Biden's, Biden, Chuck Schumer Organizations: Service, Republicans, Homeland, Business, GOP, Colorado Republican, Democratic, The Washington Post, Republican, House Democrats, House Republicans Locations: Israel, Washington, New York, George Santos ., Al Green of Texas, Ukraine, Taiwan

☆ These 4 Republicans voted against impeaching DHS Secretary Alejandro Mayorkas, sinking the GOP's efforts
▼ + stars: | 2024-02-06 | by ( Brent D. Griffiths | Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Four Republicans joined all House Democrats in voting down what would have been the first impeachment of a Cabinet official in nearly 150 years. Mayorkas' impeachment was not expected to go anywhere. But senators from both parties have repeatedly made clear that they have a particular ire reserved for Mayorkas' impeachment. Before Tuesday's vote, McClintock issued a scathing 10-page letter to his colleagues denouncing their impeachment push. "[T]aking the course outlined by the [Homeland Security Committee] is bad politics and bad policy," McClintock wrote in his letter.

Persons: —, Alejandro Mayorkas, Mike Johnson, Mike Gallagher of, Ken Buck, Tom McClintock, Blake Moore, Steve Scalise, Gallagher, Ken Buck of Colorado, Tom McClintock of, McClintock, Mayorkas, Sen, Kevin Cramer, Mitt Romney, Buck, Romney, Axios Organizations: Service, Homeland, Republicans, House Democrats, Business, GOP, Capitol, Senate, Mayorkas, North Dakota Republican, Utah Republican, [ Homeland Security, Democrats, Supreme, Republican Locations: Mike Gallagher of Wisconsin, Ken Buck of Colorado, California, Utah, Washington, China, Ken Buck of, Tom McClintock of California, Huff

☆ I worked at Starbucks for a year. Here are 10 of the best things to order from the coffee chain.
▼ + stars: | 2024-02-06 | by ( Inga Parkel | ) www.businessinsider.com time to read: +5 min

I prefer things to be sweet and cold, but you can use these recommendations as a baseline and adjust your order to your own preferences. Read on for my favorite things to order at Starbucks. ShutterstockAn iced caramel macchiato is currently my favorite order when I'm looking for a fancier drink — as long as the barista doesn't skimp out on the caramel drizzle (the most important part). A classic soy-milk latte is the perfect pick-me-upI'll order a soy latte hot or iced. The glazed doughnuts are the perfect companion to a cup of coffeePastries are one of my favorite things to pair with coffee.

Persons: —, I've, Abigail Abesamis, James Andrews1, I'm, Mary Meisenzahl Organizations: Service, Starbucks, Business, creamer Locations: Chicago, scone, Gouda

House Republicans have accused Mayorkas of not complying with immigration laws when it comes to the southern border. The House focused on Mayorkas as efforts to impeach President Joe Biden have been met with less enthusiasm. But due to its razor-thin majority in the lower chamber, the GOP can only lose three Republican votes to secure impeachment if all of the party is in attendance – and they’ve already lost two. The Best Political Cartoons on Congress View All 135 ImagesRep. Ken Buck of Colorado as well as Rep. Tom McClintock of California will vote against impeaching Mayorkas. “We’re whipping Republican votes,” Emmer told CNN on Monday.

Persons: Alejandro Mayorkas, Joe Biden, they’ve, Ken Buck, Tom McClintock, impeaching Mayorkas, ” Buck, “, ” McClintock, Tom Emmer, Mayorkas, “ We’re, ” Emmer Organizations: Homeland, Republicans, GOP, Republican, CNN, Democratic Locations: Colorado, California, “

ATLANTA (AP) — Georgia's Senate passed a bill Tuesday that would revive a new commission that some Democrats say is aimed at disrupting Fulton County District Fani Willis' prosecution of former President Donald Trump. “This has never been about the district attorney from Fulton County,” Robertson said on the Senate floor. However, the panel was unable to begin operating after the state Supreme Court in November refused to approve rules governing its conduct. Robertson's bill and a separate bill approved by the Georgia House of Representatives remove the requirement that the state Supreme Court approve the rules. The state Senate voted for the change 29-22, mostly along party lines.

Persons: —, Fani Willis, Donald Trump, Republican Randy Robertson, ” Robertson, Brian Kemp, Republican State Sen, Rick Williams, “, Sen, Elena Parent, Parent, Robertson, Willis, Colton Moore Organizations: ATLANTA, Republican, Commission, Georgia Gov, Georgia, House, Republicans, Republican State, “ Prosecutors, General Locations: Fulton County, Georgia, Atlanta, Chattahoochee

☆ House Republicans scramble to save Mayorkas impeachment vote as 'no' votes emerge
▼ + stars: | 2024-02-06 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

House Republican leaders scrambled Tuesday to lock down enough support in their caucus to pass a bill to impeach Homeland Security Secretary Alejandro Mayorkas. A procedural vote to begin debate on the Mayorkas impeachment resolution passed the House Tuesday afternoon, but six members missed the vote: Three Republicans and three Democrats. "I am a lean 'no,'" Rep. Ken Buck, R-Colo., told CNBC last week as the House Homeland Security Committee debated the articles of impeachment. House Republicans have 219 seats with three vacancies versus Democrats' 212, with one vacancy. House Republicans allege that Mayorkas has intentionally disobeyed federal immigration laws and has prevented oversight of the Homeland Security Department.

Persons: Alejandro Mayorkas, Ken Buck, it's, Buck, Tom McClintock, McClintock, Mayorkas, Joe Biden, Biden, Chuck Schumer Organizations: of Homeland Security, Appropriations Homeland, Capitol, Republican, Homeland, CNBC, House Homeland Security, Republicans, [ Homeland Security, Homeland Security Department, Democrat Locations: Washington, U.S

☆ GEHC stock finally gets some respect after earnings. Those betting against it got slammed
▼ + stars: | 2024-02-06 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

Business at GE Healthcare Technologies capped off 2023 on a strong note despite ongoing concerns about China. The quarterly earnings result from GE Healthcare on Tuesday is the best of both worlds. Quarterly commentary In addition to the mid-single-digit organic revenue growth, total company orders increased by 3%. The continued divergence in orders between the two companies suggests GE HealthCare is taking market share in the industry. A GE Healthcare Ltd. BioProcess machine stands on display during the International Pharmaceutical Expo (Interphex) in New York.

Persons: Eli Lilly, GEHC, It's, Jim Cramer, Philips, we're, GEHC's, We're, Jim Cramer's, Jim Organizations: GE Healthcare Technologies, The, Starbucks, GE Healthcare, General Electric, GE HealthCare, Management, JPMorgan Healthcare, Federal Reserve, CNBC, GE Healthcare Ltd, International Pharmaceutical, Bloomberg, Getty Locations: China, ultrasounds, MRIs, New York

The House had already gone on the record in support of an Israel aid package. The vote for more Israel aid was 250-180, well short of the two-thirds threshold necessary for passage. “Leveraging Israel aid as it fights for survival is wrong,” Johnson said. Democrats said presidential politics played into the route House Republicans took in going ahead solely with aid for Israel. “Trump doesn't want to support Ukraine, and he also doesn't want a border deal because it hurts him politically.

Persons: Mike Johnson's, Alejandro Mayorkas, Johnson, Israel, Joe Biden's, Hakeem Jeffries, There’s, ” Johnson, “ Trump, Donald Trump's, Adam Smith, Lois Frankel of, embolden, ” Frankel, Trump, Donald Trump, ”, Chuck Schumer Organizations: WASHINGTON, House Republican, Homeland, Republicans, Internal Revenue Service, Democratic, Republican, White, House Republicans, Israel, House Armed Services Committee, Rep, Ukraine, Putin Locations: Israel, Ukraine, U.S, Mexico, Lois Frankel of Florida, Gaza

House Republicans were thrown for a loop on Tuesday when a vote to impeach Homeland Security Secretary Alejandro Mayorkas over his handling of the southern border failed after four Republicans voted against it. House GOP leaders displayed confidence going into the vote despite knowing ahead of time that at least a couple Republican members were going to vote against impeachment. Republicans could try to impeach Mayorkas again once Scalise returns. GOP efforts to impeach Mayorkas were vehemently opposed by the Biden administration and the Homeland Security Department. Republican senators on Tuesday indicated that they would block a procedural vote for the bipartisan border deal this week.

Persons: Alejandro Mayorkas, “, We’ll, Tom Emmer, Tom McClintock of, John Gallagher of, Ken Buck, Blake Moore of, ” McClintock, Steve Scalise, Mayorkas, Scalise, Biden, ’, Joe Biden –, Mike Johnson, Mitch McConnell, ” Organizations: Republicans, Homeland, GOP, Republican, Tom McClintock of California, Court, Democrats, Homeland Security Department Locations: John Gallagher of Wisconsin, Ken Buck of, Blake Moore of Utah

☆ How using the 14th Amendment against Trump went from a ‘pipe-dream fantasy’ to the Supreme Court
▼ + stars: | 2024-02-06 | by ( Marshall Cohen | ) edition.cnn.com time to read: +19 min

‘A sheer coincidence’The journey to the Supreme Court unknowingly began even before the insurrection itself. (In the Cawthorn case, the group partnered with a retired GOP state Supreme Court justice.) CREW appealed to the Colorado Supreme Court, whose members were all appointed by Democratic governors, though they originate from a pool of candidates recommended by a bipartisan panel. Trump appealed the Colorado ruling to the US Supreme Court in early January and oral arguments are set for Thursday. “It’s embarrassing, and it shows the imbalance on our state Supreme Court,” Buck told CNN.

Persons: Donald Trump, “, –, Marjorie Taylor Greene, Madison Cawthorn, coalescing, ”, Donald Sherman, Gerard Magliocca, ” Magliocca, United States …, Trump, Donald Trump’s, Jack Dempsey, Mitch McConnell, ” He’d, hadn’t, James Bopp, Greene, didn’t, Ron Fein, resoundingly, Bopp, ” Fein, Couy Griffin, ” Sherman, Griffin, ” Griffin, Trump’s, William Baude, Michael Stokes Paulsen, J, Michael Luttig, ‘, Sherman, Winston Pingeon, Pingeon, Sarah Wallace, ” Donald Sherman, State Jena Griswold, FDR, Norma Anderson, “ I’ve, Wallace, Magliocca, disqualifying Trump, Carlos Samour, vindicating, Ken Buck, Ken Buck of Colorado, denialism, Buck, ” Buck, …, ” CNN’s Scott Bronstein Organizations: Washington CNN, Trump, Liberal, Rep, Madison, Citizens, Indiana University, United, Capitol, AP Police, National Guard, Republican, Republicans, GOP, Amnesty, ”, Cowboys, Trump Republicans, Federalist Society, Colorado Supreme, US Capitol Police, Responsibility, Ethics, Abaca Press, Colorado, State, Colorado Legislature, Court, Democratic, Dissenting, US Supreme, Supreme, CNN Locations: Colorado’s, Colorado, Thursday’s, America, Washington, United States, DC, Colorado and Maine, Marjorie Taylor Greene of Georgia, North Carolina, Cawthorn, Georgia, New Mexico, Denver, “ Colorado, Israel, Michigan, Minnesota, Washington ,, Dissenting Colorado, Oregon, Illinois, Ken Buck of

☆ Republicans Scrounge for Votes to Impeach Mayorkas Over Border
▼ + stars: | 2024-02-06 | by ( Karoun Demirjian | ) www.nytimes.com time to read: +1 min

But with just hours to go before the planned vote, it was unclear whether leaders would have enough G.O.P. support to charge Mr. Mayorkas. With Republicans in control of the House by a minuscule margin — and Democrats solidly opposed — they can afford no more than two defections. Two of their members have already said they will vote no, with a few others still publicly undecided. Skeptics have privately warned that if the House impeaches Mr. Mayorkas now, making him the first sitting cabinet member to suffer that fate, future Republican cabinet members could be subjected to the same treatment.

Persons: Alejandro, Mayorkas, Tom McClintock, Ken Buck, Ken Buck of Colorado, Mike Gallagher, Wisconsin —, Mr Organizations: Republican Locations: California, Ken Buck of

☆ Why Capitol Hill is a total failure right now
▼ + stars: | 2024-02-06 | by ( Zachary Wolf | Analysis Zachary B. Wolf | ) edition.cnn.com time to read: +5 min

CNN —A plague on both these houses:The Senate seems to lack the political will for a bipartisan border deal. The House lacks an effective majority for a partisan impeachment effort as GOP leaders scramble for votes. Except, as the vote approached, they seemed to realize they might not have the votes to impeach Mayorkas after all. The only other time a Cabinet member was impeached, back in 1876, it was with a unanimous House vote. With hours to go before the Mayorkas impeachment vote is set to occur, there is a real possibility it could fail, and it can only pass by the slimmest of margins.

Persons: Joe Biden, Alejandro Mayorkas, Mayorkas, Ken Buck, Ken Buck of Colorado, Tom McClintock of, “ Maladministration, ” Buck, ” McClintock, –, Donald Trump, CNN’s Dana Bash, Sen, James Lankford of, “, ”, “ I’m, ” Lankford, Mike Johnson doesn’t, ” Johnson, Biden Organizations: CNN, Republicans, Democratic, White, House Republicans, Homeland, Senate Democratic, US, Republican, Biden, MAGA Republican Locations: Ukraine, Israel, Taiwan, Mexico, Central, South America, Ken Buck of, Tom McClintock of California, James Lankford of Oklahoma, “

☆ Costco and TJX crushed rivals in an inflationary world. What happens as prices come down?
▼ + stars: | 2024-02-04 | by ( Paulina Likos | ) www.cnbc.com time to read: +10 min

Costco and TJX Companies should be able to manage the emerging transition to deflation by leveraging their deep value propositions to get customers to buy more. Average sale prices on other items like TVs have been lower while unit sales have gone higher. Membership fee revenue is some of the glue that allows Costco to keep prices so low. Costco can boost sales in either scenario by "encouraging its members to buy more items to get more savings," Feldman said. Like Costco, Feldman said the off-price retailer would need to increase revenue either through price or number of units.

Persons: won't, Joe Feldman, Jim Cramer, Rich Galanti, Galanti, Feldman, It's, They'll, Jefferies, TJX, We'll, Jim Cramer's, Jim, Robert Nickelsberg Organizations: Costco, TJX, Marshalls, Federal, Fed, Telsey Advisory, Kirkland, CNBC, Costco Wholesale, Getty Locations: Maxx, stoke, TJX, Colchester , Vermont

Search resuls for: "BUCK"

25 mentions found