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☆ Nikki Haley digs at Trump’s age and calls for mental competency tests on pols over 75 in campaign kickoff
▼ + stars: | 2023-02-15 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +5 min

Among her policy promises were term limits and mental competency tests for politicians over 75. Haley, 51, leaned heavily into a narrative focused on a new generation of leaders as she launched her campaign in Charleston, South Carolina. "We're ready," she said, "ready to move past the stale ideas and faded names of the past. Leaning into portraying Trump as a leader of the past, Haley noted that Republicans failed to gain a majority of support from voters during numerous election cycles. The Trump campaign was quick to hit back at Haley on Wednesday, sending an email titled "The Real Nikki Haley" to reporters.

It would be the third defamation trial against Jones and his company Free Speech Systems, after two previous ones found Jones and FSS liable for a combined $1.5 billion in damages. A Texas court previously found them liable and the proposed trial would determine how much Jones owes the parents. He estimated a two-week trial would cost $600,000, reducing the amount of money available to pay Pozner, De La Rosa and other Sandy Hook parents with legal claims against him. Jones filed for personal bankruptcy in December after those two trials concluded, saying he could afford to pay less than 1% of the Sandy Hook defamation judgments. Sandy Hook parents raised concerns at Tuesday's hearing about Jones's recent recording of a podcast similar to his Alex Jones Show in a new studio space and under a brand not affiliated with FSS.

☆ DeSantis got a glowing reception during a secretive, high-profile conservative summit at Trump Doral — then the ex-president called in
▼ + stars: | 2023-02-14 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +9 min

An influential conservative group, the Council for National Policy, held one of its summits this weekend. The Council for National Policy held a summit this weekend at Trump National Doral, a golf club owned by former President Trump that's just on the outskirts of the City of Miami. The Council for National Policy has been meeting for roughly four decades under a shroud of silence in upscale locations three times a year. "President Trump was honored to have the Council for National Policy at the world-renowned Trump National Doral," he said. "Somebody gets you in, you sort of be loyal to that person," Trump said.

☆ Trump condemns DeSantis' potential 2024 White House bid as 'disloyalty'
▼ + stars: | 2023-02-14 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

Trump told radio host Jenna Ellis that he never asked DeSantis to stay out of the 2024 nomination. Speaking to radio host Jenna Ellis on American Family Radio, Trump called himself "a very big believer in loyalty." Former UN Ambassador Nikki Haley made her run official on Tuesday, but Ellis asked Trump about Florida Gov. Ron DeSantis as well, who hasn't made his intentions clear but often polls second to Trump in a hypothetical primary matchup. DeSantis, who was a US congressman at the time, had sagging poll numbers during the primary until Trump endorsed him.

☆ Trump denies report that he calls DeSantis 'Meatball Ron': 'I don't even think about it — A very unimportant subject to me!!!'
▼ + stars: | 2023-02-13 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

Trump denied a New York Times report that he is testing out nicknames for DeSantis. He has privately been calling the Florida governor "Meatball Ron," the report said. Trump wrote on Truth Social. Ron DeSantis and asking his team for damning material. Trump wrote sarcastically on Truth Social.

☆ Want the S&P 500 to gain 10% this year? A Super Bowl win by the Philadelphia Eagles may be your best bet
▼ + stars: | 2023-02-12 | by ( Carla Mozée | ) www.businessinsider.com time to read: +4 min

The Philadelphia Eagles and the Kansas City Chiefs will face off in Super Bowl LVII on Sunday in Arizona. An analyst said historic data suggests a win by an NFC team will produce a 10% return for the S&P 500 this year. Maybe not," Detrick wrote about this year's Super Bowl. From that viewpoint, stock investors may want to see the Chiefs win their third Super Bowl. Before Sunday's game, the S&P 500 has risen about 6% in 2023, and there's been a rotation in market leadership since 2022's dismal end.

☆ NBA roundup: Bucks best Clippers for 10th straight win
▼ + stars: | 2023-02-11 | by ( ) www.reuters.com time to read: +9 min

Brandon Boston Jr. scored 20 points and Paul George added 19 points and 11 rebounds for the Clippers. Norman Powell had 16 points and Marcus Morris Sr. scored 15 for Los Angeles, which has lost two games in a row. Domantas Sabonis put up 18 points, 11 rebounds and a team-high seven assists for the Kings. Detroit's Jaden Ivey supplied 17 points, eight rebounds and eight assists, while Isaiah Stewart had 15 points and 11 rebounds. Desmond Bane added 20 points, seven rebounds and five assists, while Jaren Jackson Jr. tallied 15 points and six rebounds.

☆ Biden doubles down on needling Republicans over proposed Social Security and Medicare cuts: 'I'm your nightmare'
▼ + stars: | 2023-02-09 | by ( Kimberly Leonard | Warren Rojas | ) www.businessinsider.com time to read: +11 min

"I guess I shouldn't say any more," he said, "but particularly on Social Security and Medicare." Rubio, who is in the rumored mix for the 2024 GOP nomination, said anybody who supports slashing Social Security or Medicare is delusional. "You have to listen to what the president said the last couple of years about protecting and fighting for Medicare and Social Security." "I've never ever said I would reduce Medicare or Social Security benefits. As for Social Security, its trust funds are expected to be insolvent by 2035, which would trigger 20% in cuts across the board.

☆ NBA roundup: Kyrie Irving leads Dallas to win in Mavs' debut
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +7 min

He added 11 assists and 10 rebounds. LaMelo Ball collected 16 points and six rebounds and Gordon Hayward added 15 points for the Hornets, who have lost five in a row. Fox (31 points, 11 assists) scored the final seven points for the Kings, who trailed 128-123 with 1:17 left. Martin added 15 points -- all in the first half -- and Jae'Sean Tate added 16 for the Rockets, who committed 13 of their 19 turnovers in the second half. Bojan Bogdanovic, Detroit's most prominent trade chip ahead of Thursday's deadline, led the Pistons with 15 points.

☆ DeSantis says he won't fight with Trump over Truth Social photos with high schoolers: 'I don't spend my time trying to smear other Republicans'
▼ + stars: | 2023-02-08 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +5 min

Trump attacked DeSantis on Truth Social by sharing a photo of him with high schoolers when he was a teacher. The post accused him of partying and drinking with high school girls. Still, the caption reads, "Here is Ron DeSantimonious grooming high school girls with alcohol as a teacher," followed by the vomit emoji. Trump wrote sarcastically on his social media app, Truth Social. The original message Trump reshared was from a user named Dong-Chan Lee, whose Truth Social describes him as a "paleoconservative" and Trump supporter.

☆ State of the Union takeaways: Biden comes out swinging in a raucous, combative speech despite pleas for bipartisanship
▼ + stars: | 2023-02-08 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +6 min

The speech marks Biden's first address to the new Republican-controlled House. Before diving into the list of bipartisan accomplishments, though, Biden began by congratulating House Speaker Kevin McCarthy and Senate Majority Leader Mitch McConnell. In a symbolic appeal to bipartisanship, First Lady Jill Biden wore purple — the color that results from combining blue and red. Meanwhile, former President Donald Trump shared his thoughts about Biden's speech on his social media platform, Truth Social. In addition to attacking Republicans on Social Security and Medicare cuts, Biden opened up several other lines of attack.

☆ Trump shares photos of DeSantis alleging he partied and drank with high school girls when he was a teacher
▼ + stars: | 2023-02-08 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +5 min

Trump reshared a 20-year-old photo of DeSantis that appears to show him posing with recent high school graduates. The original poster accused DeSantis of using alcohol for "grooming" high school girls. Ron DeSantis that accused him of drinking alcohol with minors when he was a high school teacher. Still, the caption reads, "Here is Ron DeSantimonious grooming high school girls with alcohol as a teacher," followed by the vomit emoji. The original message Trump reshared was from a user named Dong-Chan Lee, whose Truth Social describes him as a "paleoconservative" and Trump supporter.

☆ How Bed Bath & Beyond ended up on the verge of bankruptcy
▼ + stars: | 2023-02-08 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

Here’s how Bed Bath & Beyond, once a retailer pioneer, veered to the edge of bankruptcy and where it turns next. Brands coveted a spot on Bed Bath & Beyond’s shelves, knowing it would lead to big sales. Discount chains such as HomeGoods and TJ Maxx and have also undercut Bed Bath & Beyond’s prices. Without the differentiators of the lowest prices or widest selection, Bed Bath & Beyond’s sales stagnated from 2012 to 2019. Otherwise, too much of Bed Bath & Beyond’s revenue will go toward repaying debt that it won’t be able to turn a profit.

☆ DeSantis echoes Trump in latest offense against the media after taunting the former president during live TV roundtable
▼ + stars: | 2023-02-07 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +9 min

Ron DeSantis won't be the Republican to give the party's response to President Joe Biden's forthcoming State of the Union Address. The broadcast echoed the media ire former President Donald Trump frequently has on display. "To assassinate someone's character with anonymous sources would have been a total no-no," DeSantis said of past media practice. Like Trump, DeSantis often bemoans his media coverage and excoriates what he calls the "corporate press." Despite raising his tussles with the press, DeSantis insisted non-politicians would be the focus of new libel laws.

☆ NBA roundup: Warriors' Klay Thompson bombs in 12 treys
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +6 min

Poole finished with 21 points while Andrew Wiggins added 18 for the Warriors, who earned their second consecutive win. The Spurs, who lost for the ninth straight time, got 21 points from Keldon Johnson. Donovan Mitchell had 21 points and Evan Mobley added 16 for Cleveland, which has won three in a row. Will Barton added 15 points for the Wizards, who were without Kyle Kuzma (ankle) and Bradley Beal (foot). Tim Hardaway Jr. added 17 points and Dwight Powell totaled 12 points and 16 rebounds for the Mavericks.

☆ Disney's strategy to win its battle with DeSantis is to just wait until he runs for president, says a top Florida Democrat
▼ + stars: | 2023-02-06 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +7 min

Disney will sue Florida for dissolving its self-governing status, predicted Democratic state Sen. Jason Pizzo. Florida lawmakers are deciding Disney's financial fate this week. Ron DeSantis will be to simply run out the clock, a top Florida Democrat predicted Monday. Other areas state lawmakers will consider would allow Florida to transport migrants from other states and to give the state more power to prosecute election fraud. Today, more than 40 lobbyists represent Disney before the Florida legislature, according to an Insider review of lobbying disclosures.

☆ NBA roundup: Giannis' triple-double sparks Bucks to 7th straight win
▼ + stars: | 2023-02-05 | by ( ) www.reuters.com time to read: +9 min

Khris Middleton scored 24 points off the bench for the Bucks, who won their seventh straight game. Tyler Herro added 24 points despite shooting just 2 of 8 from 3-point range, and Bam Adebayo recorded a double-double of 16 points and 11 rebounds. Jalen Brunson scored 41 points, three shy of his career high, while Julius Randle posted 28 points and 11 rebounds for the Knicks. De'Andre Hunter scored 20 points and Clint Capela had 12 points and 11 rebounds. DeMar DeRozan collected 27 points, seven assists and seven rebounds, and Nikola Vucevic had 23 points and 11 rebounds.

☆ McDonald’s Ruling Shifts Oversight Liability Focus to Corporate Officers
▼ + stars: | 2023-02-02 | by ( Dylan Tokar | ) www.wsj.com time to read: +9 min

Photo: McDonald’sThe ruling by Vice Chancellor Laster focuses on the claims against Mr. Fairhurst specifically. At the time of his termination, Mr. Fairhurst had been the subject of multiple reports of sexual harassment during his tenure, according to the Delaware ruling. Emerging oversight liabilityThe legal doctrine driving the McDonald’s shareholder lawsuit extends back to a 1996 Delaware Court of Chancery decision. The ultimate impact of Judge Laster’s ruling vis-à-vis McDonald’s shareholders is as of yet unclear. If the judge approves the McDonald’s directors’ motion to dismiss, the claims against Mr. Fairhurst would be moot.

☆ DeSantis' plans for Florida this year include tax cuts for gas stoves and more elections police. The proposals are widely viewed as targeting GOP voters nationally.
▼ + stars: | 2023-02-02 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +14 min

Banning vaccine and mask mandatesDeSantis wants the Florida legislature to permanently ban COVID vaccine and mask mandates. It's not clear how much of a difference a new, permanent Florida law would make. DeSantis will ask the Florida legislature to permanently lift the state's 6% sales tax on baby necessities including on cribs, strollers, clothing, shoes, wipes, and diapers. But some analysts, such as Howard Gleckman at the Tax Policy Center, have warned that tax breaks could actually worsen inflation because people will spend and consume more at a time when supplies are limited. Currently, state law requires a vote be unanimous.

☆ Trump says that if he's reelected he won't use the powers of the presidency to punish his enemies, but adds that he'd be 'entitled to a revenge tour'
▼ + stars: | 2023-02-02 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +3 min

Trump said if reelected he won't go on a revenge tour even though he's 'entitled' to one. He went on a tirade against the New York Times and Washington Post for their reporting on Russiagate. "I was a victim," he told Hewitt. Trump said he planned to sue to have the outlets return their Pulitzer Prizes, calling the Washington Post the "Washington Compost." "The Pulitzer Prize is supposed to be for great reporting, for accurate reporting, congratulations," Trump told Hewitt.

☆ Trump says Nikki Haley is 'overly ambitious,' won't promise to support the GOP nominee in 2024
▼ + stars: | 2023-02-02 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

Trump will not commit to supporting the 2024 GOP nominee. Trump told Nikki Haley she should run for president if she wanted to, but called her "overly ambitious." Trump is the only 2024 candidate to have declared that he's running for president, though former UN Ambassador Nikki Haley is expected to be next. "I don't want to say," Trump said. Hewitt on Thursday pressed Trump repeatedly about what his nicknames would be for potential 2024 challengers, but the former president wouldn't share them.

☆ NBA roundup: LeBron James' triple-double sinks Knicks in OT
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +4 min

[1/5] Jan 31, 2023; New York, New York, USA; Los Angeles Lakers forward LeBron James (6) controls the ball against the New York Knicks during the fourth quarter at Madison Square Garden. James, who missed Los Angeles' Monday defeat to the Brooklyn Nets with a sore left ankle and left foot, finished with 28 points, 11 assists and 10 rebounds. Adebayo grabbed 11 rebounds and Martin hauled in 10 for the Heat, who won for the fourth time in five games. Evan Mobley led Cleveland with 19 points while Jarrett Allen had 14 points and 11 rebounds. Los Angeles capitalized on 20 Chicago turnovers to improve to 2-1 on a six-game road trip and win for the sixth time in seven games.

India's largest ever secondary share sale attracted participation from anchor investors including Maybank Securities and Abu Dhabi Investment Authority, as well as India's HDFC Life Insurance and state-backed Life Insurance Corporation (LIFI.NS). By Tuesday the overall share sale was fully subscribed as foreign institutional investors and corporate funds flooded in, although participation by retail investors and Adani Enterprises (ADEL.NS) employees remained low. Support for Adani's share sale came even as the flagship's shares closed at 2,973.9 rupees, up nearly 3% but below the lower end of the sale price band of 3,112 rupees. So, what happens to one particular corporate group, is a matter between the market and the corporate group." Reuters GraphicsHindenburg said in its report it had shorted U.S.-bonds and non-India traded derivatives of the Adani Group.

☆ Instant View: Adani's $2.5 billion offer rides out share storm with investor backing
▼ + stars: | 2023-01-31 | by ( ) www.reuters.com time to read: +5 min

COMMENTARYAMBAREESH BALIGA, INDEPENDENT MARKET ANALYST, MUMBAI"The FPO did get subscribed, thanks to a few institutional as well as large family offices. DEEPAK JASANI, HEAD OF RETAIL RESEARCH, HDFC SECURITIES, MUMBAI"For Indian markets, one of the concern areas is out of the way for the time being as this was weighing on investor sentiment. Since the current market price is below the offer price, the retail subscription was low as investors can rather buy it from the market." That was their focus area considering the fact that there was a difference between the market price and the floor price of the FPO. It seems that retail investors did not consider the fact that there is more to rates than just the price."

[1/5] Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. REUTERS/Amir CohenSummarySummary Companies Adani scripts comeback by completing share saleKey $2.5 billion share sale fully subscribed-dataShort-seller's report led to fall in Adani sharesMUMBAI, Jan 31 (Reuters) - Gautam Adani's crucial $2.5 billion share sale was fully subscribed on Tuesday as investors pumped funds into his flagship firm, despite a $65 billion rout in the Indian billionaire's stocks sparked by a short-seller's report. Support for Adani's share sale came even as the flagship's shares closed at 2,973.9 rupees, up nearly 3% but below the lower end of the sale price band of 3,112 rupees. So, what happens to one particular corporate group, is a matter between the market and the corporate group." Hindenburg said in its report it had shorted U.S.-bonds and non-India traded derivatives of the Adani Group.

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