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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer SEC Chairman Jay Clayton on U.S.-China relations, TikTok bill and Elon MuskFormer SEC Chairman Jay Clayton joins 'Squawk Box' to discuss the state of U.S.-China relations, fate of the TikTok bill in Congress, whether the social media app is a national security threat, Elon Musk defying Brazil's court order take down some far-right accounts on X, and more.
Persons: Jay Clayton, Elon Musk Organizations: SEC, Elon Musk Locations: U.S, China
The head of the GOP Senate caucus cast his support on Monday for the TikTok bill. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSenate Minority Leader Mitch McConnell declared his support on Monday for a bill circulating through Congress that would effectively ban TikTok, but the app's immediate demise is no guarantee. This story is available exclusively to Business Insider subscribers.
Persons: there's, , Mitch McConnell, McConnell Organizations: GOP, Service, Microsoft, Business Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe TikTok bill is 'new censorship power for the government', says The Right Stuff's John McEnteeJohn McEntee, The Right Stuff co-founder and former director of The White House Presidential Personnel Office during the Trump administration, joins 'Squawk Box' to discuss the TikTok bill, whether he thinks the social media app should be forced to divest and be banned in the U.S., state of the 2024 election, and more.
Persons: John McEntee John McEntee, Trump Organizations: White Locations: U.S
"Mr Bates vs the Post Office" had a remarkable impact after airing in Britain and now comes to PBS. Jo Hamilton, who ran the Village Shop and Post Office in South Warnborough, Hampshire, was wrongly convicted of theft in the Post Office Horizon scandal. ITVThe program focused on Alan Bates, who along with his partner invested in a post office store in Wales in 1998. Why did the Post Office — which has been owned by the government since 2012 – continue to prosecute people when there were doubts about the software? Advertisement"Mr Bates vs the Post Office" is being broadcast on PBS weekly from Sunday April 7.
Persons: Mr Bates, , Rishi Sunak, Seema Misra, Peter Huxham, Martin Griffiths, Julian Wilson, Jo Hamilton, Adrian Dennis, Toby Jones, who's, Harry Potter, Alan Bates, Bates, wasn't, John Beer of, , Kevin Hollinrake, Gwyneth Hughes, Innocent, Paula Vennells, Vennells, it's, James Strong, we'd, Polly Hill Organizations: PBS, Service, ITV, of, Post, Japan's Fujitsu, Office, Getty, Journalists, Computer, BBC, Post Office, Guardian, Fujitsu, Financial Times, subpostmasters, Channel Locations: Britain, Ellesmere Port, Liverpool, South Warnborough, Hampshire, AFP, Wales, John Beer of Farnham, Surrey
Fiercely independent and more than a little skeptical of hype, fads and feverish mass events, our mother is not what you’d call a joiner. But she also knows the coming eclipse is neither trend nor fad. Part of the drive to take our mother to Waco is the hard truth of time. Partial eclipses come and go, but the next awe-inspiring and captivating total eclipse will not be seen again in the contiguous United States until 2044. A cruise can bill itself as a “once-in-a-lifetime adventure” and then offer many dates on the calendar for the same adventure.
Persons: Nancy Locations: Waco , Texas, Las Vegas, Waco, United States
Mortgage lenders will consider lots of different metrics and circumstances when assessing your creditworthiness. Check your credit reports and credit scoresTwo other factors lenders will consider are your credit history and credit score. Kill the credit card debtA key way to improve your credit score is to reduce your credit card debt. “The minute they pull your credit score, it is going to [reflect] what is on my credit card that day,” MBA’s Seiler said. “Because there are many variables that affect an individual consumer’s credit score, we can’t say a specific number of months,” FICO’s Zeibert said.
Persons: , Avi Adler, Sara Zuckerman, Margaret Poe, Poe, you’ll, Eddie Seiler, Joe Zeibert, You’re, ” Adler, MBA’s Seiler, ” FICO’s Zeibert, , ” Seiler, Zuckerman, Adler, ” Zuckerman Organizations: New, New York CNN, Long & Foster, Consumer Financial, Bureau, Mortgage, Association Locations: New York, annualcreditreport.com, TransUnion
CNN —Former President Donald Trump and his allies have ramped up pressure for Nebraska lawmakers to change the method the state divvies out electoral college votes, an effort that underscores just how narrow the race for 270 electoral votes could be in the November rematch with President Joe Biden. Conservative activist Charlie Kirk kicked off the effort on Tuesday, sending a message on social media urging Nebraska Republicans to act. For weeks, the Biden campaign has had its eye on Omaha and its one electoral vote. For all the talk of Biden’s blue wall of Wisconsin, Michigan and Pennsylvania, winning all three could still leave him short of 270 electoral votes. The 2020 census changed the map based on decreasing populations in Pennsylvania and Michigan, so one of Nebraska’s three electoral votes could become critical should there be a 269-269 tie with Trump.
Persons: Donald Trump, Joe Biden, Charlie Kirk, Jim Pillen, Trump, Jim Pillen of, Let’s, , Sen, John Arch, ” Arch, I’m, , Jen Day, Biden, Megan Hunt, it’s, Jane Kleeb, Loren Lippincott, ” Lippincolt, Trump’s Organizations: CNN, Nebraska, Republicans, Conservative, Nebraska Republicans, Republican Gov, Truth, Republican, , LB, Capitol, Omaha, Democratic, Nebraska Democratic, Lincoln Journal Star, Trump Locations: Jim Pillen of Nebraska, Nebraska, Lincoln, Omaha, ” Nebraska, Maine, Wisconsin , Michigan, Pennsylvania, Michigan
Federal regulations had not previously specified a minimum crew size, but the nation’s largest freight railroads typically have two workers on each train, an engineer and a conductor. The Federal Railroad Administration proposed requiring two-person crews in 2022, arguing that doing so would improve safety. The issue received further attention after a Norfolk Southern freight train derailed last year in East Palestine, Ohio, putting the issue of railroad safety in the spotlight. A bipartisan rail safety bill introduced in Congress in response to the derailment included a requirement for two-person crews, though the legislation has stalled. The Norfolk Southern train, which investigators believe derailed because of an overheated wheel bearing, had three crew members on board: an engineer, a conductor and a conductor trainee.
Organizations: Biden, Federal Railroad Administration, Norfolk, Norfolk Southern Locations: Norfolk Southern, East Palestine , Ohio
I, too, know that flash of resentment when grocery store prices feel like they don’t make sense. I hate the fact that a small treat now feels less like an earned indulgence and more like financial folly. Simple economic logic suggests that neither your well-being nor mine depends on the absolute magnitude of the numbers on a price sticker. A gumball costs $2.50 instead of a quarter; the dollar store is the $10 store; and a coffee is $50. The 10-dollar bill in your wallet is now $100; and your bank statement has transformed $800 of savings into $8,000.
New York City is known for its pricey real estate, but some homeowners get an unexpected bargain: Property taxes on some of the fanciest, most coveted properties are often very low — at least relatively. Its annual property tax bill is around $12,000 — about 0.2 percent of the home’s overall worth. Now compare that with the $7,500 tax bill for a $780,000 home in the Bronx. The cheaper home has an effective property tax rate almost four times higher. Both bills are lower than in much of the suburbs, where property taxes for less valuable homes routinely top $25,000.
Locations: York City, Brooklyn’s Park, Bronx
“President [Joe] Biden has been calling on Congress to pass legislation that would extend the benefit through 2024. “But unfortunately, Republicans in Congress have failed to act.”Biden has called on Congress to approve $6 billion to continue the ACP. A bill introduced in January by a bipartisan group of lawmakers in the House and Senate would authorize $7 billion. That legislation has 216 co-sponsors in the House, including 21 Republicans, and three in the Senate, including two Republicans. Administration officials declined to say whether Biden or Vice President Kamala Harris have personally discussed the ACP with congressional Republicans.
Persons: Biden, Joe, , ” Biden, Mike Johnson, Blair Levin, ” Levin, Republican Sens, J.D, Vance of Ohio, Kevin Cramer of North, Spokespeople, Johnson, Chuck Schumer didn’t, Kamala Harris, Jessica Rosenworcel, ” Rosenworcel, Rosenworcel, Sen, Maria Cantwell Organizations: CNN, Republicans, Program, Federal Communications Commission, GOP, Democratic, Congress, Republican, New, Research, Administration, ACP, Commerce, Science, Transportation Locations: Kevin Cramer of North Dakota
Morgan Stanley initiates Compass Pathways at overweight Morgan Stanley said in its initiation of Compass that it's bullish on shares of the mental health biopharma company. Morgan Stanley reiterates Taiwan Semiconductor as overweight Morgan Stanley said it's standing by its overweight rating on shares of TSM. Morgan Stanley reiterates Delta as a top pick Morgan Stanley said Delta's push into "premium" will reward investors. Bank of America reiterates Micron as buy Bank of America said it sees further share gains for Micron. Morgan Stanley reiterates Planet Fitness as overweight Morgan Stanley said it's standing by its overweight rating on the fitness company.
Persons: Jefferies, Goldman Sachs, Goldman, it's, it's bullish, Hunt, Werner, Robinson, Morgan Stanley, Delta, Wells, Evercore, Bill, Tesla, Oppenheimer, Sweetgreen, Baird downgrades, Baird, Tommy Bahama Organizations: Microsoft, Barclays, Barclays downgrades J.B, J.B, C.H, Taiwan Semiconductor, DAL, " Bank of America, Nvidia, Broadcom, Bank of America, Micron, Devon Energy, Bloom Energy, Energy, Disney, underperform Bank of America, Baird downgrades Fifth, Bancorp, Royal Caribbean, Citi, Citigroup Inc, Royal Caribbean Cruises Ltd, TPG Inc, TPG, TE Connectivity, Chevron Corp, Citi downgrades Oxford Industries Locations: TSM, Wells Fargo, Devon, F1Q, Cincinnati, Royal, Oxford
The bills say that lab-grown meat threatens existing industries, such as cattle ranching. Ron DeSantis has expressed opposition to lab-grown meat. Some of the legislation says that lab-grown meat — also known as cultured meat — threatens states' current agricultural economies. If passed, the legislation would create a civil penalty of up to $25,000 for selling or producing lab-grown meat in Arizona. AdvertisementFor years, lab-grown meat startups have been promising meat without the need to slaughter animals.
Persons: , Ron DeSantis, it's, DeSantis, Bud Hulsey, Bill Gates, Gates, Jeff Bezos — Organizations: Service, Financial Times, Times, Business, Times ., Foods Locations: Florida, Arizona, Tennessee, San Francisco
A lawmaker wants to pass a bill allowing employees to ignore after-hours calls from their boss. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's a universal headache: Your phone rings after work hours, and it's your boss. Related storiesIn California, one Democratic lawmaker wants to solve that by codifying a worker's right to ignore communications from their boss after work hours.
Persons: Bill, , it's, codifying, Assemblymember Matt Haney, Haney Organizations: Service, Democratic, New York Times, Times, Labor, Employment, State Senate Locations: California, San Francisco, State
After all, how many times have you lost a bill in pile of papers that built up on your desk? "When people declutter and create some order in the home, it saves time, it saves money, it saves stress," says Lori Reese, a professional organizer and owner of Consider It Done in Harrisburg, Pennsylvania. Here are three tips from organizing pros to help you tackle your spring decluttering project. "The trick is to add that action to a habit, so that you're going to stick to that routine," she says. "Then the rule is when that bag or bin gets full, you just drive it to your favorite charitable organization."
Persons: Lori Reese, Mindy Godding, Godding, Gayle Goddard, Reese, Goddard Organizations: CPO Locations: Harrisburg , Pennsylvania, Richmond , Virginia, Houston , Texas
But after decades by the water in Florida, Meaders said Florida "is definitely not paradise anymore." Meaders wanted to be closer to her son and grandson, and the couple wanted a small-town feel. AdvertisementMany older Americans continue to flock to Florida, though some have recently told Business Insider they've had enough of the Sunshine State. Meaders and Dunne met in Brevard County after Dunne moved back. They've found the hospitality of everyone in their community much improved, noting that many people in her small Missouri city recently moved from California.
Persons: Sherry Meaders, James Michael Dunne, Meaders, they've, millennials, Missouri Meaders, Dunne, Rockledge, We're, it's, she's, They've, We've Organizations: Service, Business, Sunshine State, Bureau, Survey, Coast Guard, Bell System, Daytona, Kansas City Locations: Florida, Missouri, Virginia, Georgia, Texas, Kansas City, Rockledge, Brevard County, Cocoa Beach, Cape Canaveral, Chicago, Pacific, Alaska, Fort Lauderdale, Orlando, Volusia County, Daytona Beach, Africa, Miami, America, Kansas, In Florida, California
Read previewLots of consumers like streaming music. Lots of musicians complain about streaming — they say it doesn't generate nearly as much revenue for them as they deserve and need. So here's a proposal to help fix that: a tax that would increase American consumers' music streaming bills by 50% — meaning you'd pay an extra $4 to $10 a month for services like Spotify or Apple Music. I don't believe there was ever a time that Americans supported a 50% tax hike on anything, for any reason. But when we got on the phone to discuss the bill this month, he said it's supposed to be taken literally and seriously.
Persons: , Rashida Tlaib, Jamaal Bowman, Tlaib, Damon Krukowski, I'm, it's, Krukowski, you've, Taylor Organizations: Service, Apple, Business, Wage, Act, Rep, United Musicians, Allied Workers, Spotify Locations: Michigan, New York
When New Yorkers concern themselves with rodents, they typically focus on how to kill them. The bill would ban the sale and use of what are known as glue boards — cheap, sticky traps that can be strewed around construction sites or tossed under kitchen cabinets and forgotten. If the legislation is successful, New York would join a growing list of places that passed bans recently, like Scotland and Ojai, a city in California with a population of about 7,500, which made glue traps illegal this month. In January, Representative Ted W. Lieu, a Democrat who represents Los Angeles, introduced the Glue Trap Prohibition Act in the U.S. House of Representatives. “We don’t need to lose our humanity just because we don’t like having as many rodents in our midst as we currently do.”
Persons: Ted W, , Harvey Epstein Organizations: Democrat, U.S . House, Representatives, State Assembly Locations: Albany, New York, Scotland, Ojai, California, Los Angeles, U.S, Manhattan’s, State
The bill is similar to Florida’s ban on diversity, equity and inclusion initiatives in public colleges, which was signed into law last May. This political theater lifts up a caricature of college, one on which coddled minds are seduced into liberal ideas. If states become hostile to students’ values, those students could choose to go elsewhere or to forgo college altogether. Part of a larger survey about students’ experiences of higher education, the report left me with one major takeaway: The national debate about so-called woke campuses does not reflect what most college students care about. They underscore how unhinged our national debate over higher education has become and how misaligned Republican-led public higher education systems are with the bulk of college students.
Persons: , haven’t Organizations: Higher Education, Republican, Bills, Public, Lumina Foundation, Gallup Locations: Florida, Alabama
CNN —The Federal Trade Commission is investigating TikTok for its data and security practices, two sources told CNN on the condition of anonymity. The agency is also investigating whether TikTok violated a portion of the FTC Act, which prohibits “unfair or deceptive acts or practices in or affecting commerce,” the sources said. The FTC could bring a suit against TikTok in the coming weeks, according to the sources. The FTC probe comes as TikTok faces an existential threat in the US. The short-form video company, owned by Chinese firm ByteDance, has denied assertions that its app poses a national security threat to US citizens.
Persons: TikTok, Public Affairs Douglas Farrar, , ” TikTok, Joe Biden Organizations: CNN, Federal Trade Commission, FTC, TikTok, Politico, Public Affairs, Senate Locations: China
But as Russia's bloody war in Ukraine enters its third year, and the threat to NATO countries, particularly those on Russia's borders, grows, the Baltic states are investing in their defense more than ever. Shawn CooverThe talk came just on the heels of Trump's most recent attack on NATO members who he deems aren't paying their 'fair share." Last week, the former president said that he would keep the US in NATO should European countries pay and "play fair." He said the US "was paying 90% of NATO," and that without the US, NATO "literally doesn't even exist." "We've reinstated conscription, so we're building up our armed forces," an unpopular move that Latvian President Edgars Rinkēvičs is pushing other NATO members to do, too.
Persons: , Donald Trump, Margus Tsahkna, Vladimir Putin, Tsahkna, Shawn Coover, Trump, ALAIN JOCARD, Olaf Scholz, Emmanuel Macron, isn't, Macron, Krišjānis Kariņš, Kariņš, Thomas Wiegold, We've, Edgars Rinkēvičs, Rinkēvičs Organizations: Service, NATO, Business, Hudson Institute, Washington DC, Estonian, US Marine Corps, Staff, Getty, Latvian, Financial Times Locations: Ukraine, Baltic, Washington, Lithuania, Latvia, Estonia, Russia, Russian, China, Europe, NATO, Poland, estonian, Rakvere, AFP, Baltics, France, Germany, Russia's, Greece, Belarus, Finland, Romania, Hungary
CNN —Florida Republican Governor Ron DeSantis signed a bill into law banning children under age 14 from having their own social media accounts on Monday, according to a news release from the governor’s office. In addition to restricting social media accounts for children, the legislation also places restrictions on pornographic websites. In February, a federal judge temporarily blocked Ohio’s law over concerns about its breadth and the likelihood that it could infringe on teens’ First Amendment rights to access information online. And last year, another federal judge temporarily blocked Arkansas’ law. DeSantis vetoed a prior version of the Florida law after saying he wanted to ensure that any legislation provides parents with enough of an opportunity to be involved in decisions about their kids’ social media use.
Persons: Ron DeSantis, , DeSantis Organizations: CNN, Florida Republican, HB Locations: Florida, States, Arkansas , California , Louisiana , Ohio, Utah, Arkansas
President Joe Biden on Saturday signed Congress' $1.2 trillion spending package, finalizing the remaining batch of bills in a long-awaited budget to keep the government funded until Oct. 1. The Senate passed the budget in a 74-24 vote at roughly 2 a.m. However, the White House said that it would not begin official shutdown operations since a deal had ultimately been secured and only procedural actions remained. Hours before the House passed the spending package Friday morning, hardline House Republicans held a press conference to lambast the bill. If ousting a House speaker for budget disagreements feels like a familiar story, that's because it is.
Persons: Joe Biden, Kamala Harris, Mitch McConnell, Mike Johnson, Chuck Schumer, Hakeem Jeffries, Biden, Marjorie Taylor Greene, Johnson, Kevin McCarthy Organizations: White, Saturday, Department of Homeland Security, Republicans, Georgia Republican, Republican, Freedom Caucus Locations: Washington , DC
MEMPHIS, Tenn. (AP) — Relatives of Tyre Nichols, George Floyd and Eric Garner — three Black men killed in violent confrontations with police officers — expressed frustration Friday with politicians who have failed to pass police reform legislation or have worked to invalidate laws intended to reduce chances that citizens' encounters with police end in death. Philonise Floyd, the brother of George Floyd, told an audience at a police violence symposium in Memphis that the time has come for Congress to pass a federal law that would ban certain police tactics such as chokeholds and no-knock warrants. The George Floyd Justice in Policing Act, proposed after Floyd died in Minneapolis in May 2020 after a white police officer pressed his knee to his neck for more than nine minutes, was passed by the House in 2021, but the Senate failed to reach a consensus. “You need to know your politicians ... because these are people that are not applying pressure to help,” Floyd said. Nichols' parents said they are seeking to meet with Lee, who has never vetoed a bill.
Persons: Tyre Nichols, George Floyd, Eric Garner —, , Philonise Floyd, Floyd, ” Floyd, “ I'm, Nichols, RowVaughn Wells, Rodney Wells, Gwen Carr, Garner, Sybrina Fulton, Trayvon Martin, United, Bill Lee, Republican Donald Trump, Lee, it's, ” Fulton, George Zimmerman, She's, Florida's, Fulton, Ron DeSantis, , Carr, Eric Garner, Garner's, , Weeks, Michael Brown, Andrew Cuomo, “ It's, There's Organizations: George Floyd Justice, House, Senate, National Civil Rights Museum, Black Memphis, City Council, Republican, Tennessee General Assembly, Tennessee Gov, Florida's Republican Gov, Gov Locations: MEMPHIS, Tenn, Memphis, Minneapolis, Black, Tennessee, Florida, New York, Ferguson , Missouri
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailByteDance investor Mitchell Green: We would not sell even if TikTok was bannedMitchell Green, Lead Edge Capital founding partner, joins 'Squawk Box' to discuss the TikTok bill in Congress, what it means for a ByteDance investor like Green, how likely a ban will take effect, and more.
Persons: Mitchell Green, TikTok, Green Organizations: Edge Capital
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