DIRS.INFO The most relevant business & tech news

☆ Taiwan Sees US Support Unchanged No Matter Who Wins Election
▼ + stars: | 2024-03-27 | by ( March | At P.M. | ) www.usnews.com time to read: +2 min

TAIPEI (Reuters) - Taiwan's foreign ministry said on Thursday it believes U.S. support will remain unchanged no matter who wins the presidential election, but it will stay on guard for Taiwan-China issues being "manipulated" as the campaign heats up. In a report to lawmakers, Taiwan's foreign ministry noted that even though the U.S. election's outcome was not certain, there was cross-party support for the island. Taiwan will continue to have balanced exchanges with both parties, but needs to be on guard for how Taiwan-China issues may feature in the election, the ministry added. Meeting Taiwan President Tsai Ing-wen in Taipei on Thursday, U.S. "This includes a strong Taiwan maritime strategy and how we can work together on shared goals to counter China on their increasingly aggressive actions in the region."

Persons: Trump, Joe Biden, Tsai Ing, Jack Bergman, Bergman, Donald Norcross, Jimmy Panetta, Taiwan's, Ben Blanchard, Fabian Hamacher Organizations: Taiwan, Republican, House Armed Services, Democratic Locations: TAIPEI, Taiwan, China, U.S, Taipei, United States

☆ Domestic Politics Drive Divisions Between Biden and Netanyahu
▼ + stars: | 2024-03-26 | by ( Cassandra Vinograd | ) www.nytimes.com time to read: +5 min

Relations between President Biden and Prime Minister Benjamin Netanyahu of Israel appear to have sunk to a new low, with both men pressed hard by domestic politics and looming elections. Mr. Netanyahu, however, allowed his defense minister, Yoav Gallant, to remain in Washington for talks. In a recent interview, Mr. Ben-Gvir, the national security minister, accused Mr. Biden of tacitly supporting Israel’s enemies. Mr. Biden called it “a good speech” without endorsing the call for new elections. But Mr. Biden is far more popular in Israel than Mr. Obama was and a serious break with Washington would deeply undermine Israel’s security and its future.

Persons: Biden, Benjamin Netanyahu, Israel, Mr, Netanyahu, Yoav Gallant, Itamar Ben, Gvir, Bezalel Smotrich, Nadav, Ben, ”, Yahya Sinwar, “, ” Mr, Biden “, Smotrich, Chuck Schumer, Washington, Barack Obama, Bill Clinton —, Obama, Aaron Boxerman Organizations: Security, West Bank, Mr, Palestinian, U.S . Congress, Israel, United, Washington Locations: Gaza, United States, Washington, Rafah, Israel, New York

Washington Approves $228 Million in US Military Aid to the Three Baltic States, Estonia SaysEstonia's defense officials say the U.S. Congress has passed a bill that involves a total of $228 million in military and defense aid to Estonia, Latvia and Lithuania this year under the Baltic Security Initiative

Persons: Estonia's Organizations: Washington, Aid, . Congress, Baltic Security Locations: Baltic States, Estonia, Latvia, Lithuania

☆ Biden signs $1.2 trillion spending package for government funding until October
▼ + stars: | 2024-03-23 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

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

☆ Republican lawmakers say green transition 'cheerleader' IEA has strayed from mandate
▼ + stars: | 2024-03-22 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +4 min

Nick Oxford | ReutersSenior U.S. lawmakers believe the International Energy Agency has "strayed from its core mission" of safeguarding energy security and has emerged as a "cheerleader" for the green transition. "We would argue that in recent years the IEA has been undermining energy security by discouraging sufficient investment in energy supplies — specifically, oil, natural gas, and coal. Consequently, the IEA must conduct its energy security mission in an objective manner. "It should disturb you that biased parties are exploiting the IEA's forecasts and other products to advocate for policies that undermine energy security." The IEA on Thursday confirmed receipt of the letter to CNBC and stressed that its mandate remains maintaining energy security and accelerating clean energy transitions.

Persons: Nick Oxford, Republican Sen, John Barrasso, Cathy McMorris Rodgers, Fatih Birol Organizations: Midland , Texas U.S, Reuters Senior U.S, International Energy Agency, Republican, U.S ., Energy, Natural Resources, U.S . House, Commerce, IEA, U.S, CNBC, U.S . Congress, Organization of, Petroleum, OPEC, Congress Locations: Midland , Texas, Wyoming, Saudi Arabia

☆ TikTok aside, Congress has its eye on the U.S. money going into China
▼ + stars: | 2024-03-21 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

The House Select Committee on the CCP, established in January last year, led the legislative act to essentially ban TikTok in the U.S. if its Chinese parent ByteDance doesn't sell the popular social media app. watch nowThe House select committee in February also published a report alleging U.S. venture capital firms invested billions "into PRC companies fueling the CCP's military, surveillance state and Uyghur genocide." Similar research detailing the links between U.S. capital, venture firms in China and Chinese tech startups has started making its rounds in major media outlets since late 2023. The Senate in July overwhelmingly passed a bill that would have required U.S. investors in advanced Chinese technology to notify the Treasury Department. The Biden administration in August issued an executive order aimed at restricting U.S. investments into semiconductor, quantum computing and artificial intelligence companies citing national security concerns.

Persons: Ken Cedeno, that's, Mike Gallagher, Gallagher, Andrew King, King, Biden, Michael McCaul, Gregory W, Meeks Organizations: U.S, Capitol, Reuters, The U.S, Congress, Chinese Communist Party, CNBC, House Armed, Technologies, Innovation, Intelligence, CCP, Future, Ventures, Treasury Department, Treasury, Foreign, China's Ministry of Commerce, Financial Regulatory Administration Locations: Washington , U.S, Reuters BEIJING, The, China, United States, U.S, Beijing, San Francisco

☆ Top U.S. congressional Republican and Democrat say a deal has been reached on spending
▼ + stars: | 2024-03-19 | by ( ) www.cnbc.com time to read: +2 min

Republican House Speaker Mike Johnson and Democratic Senate Majority Leader Chuck Schumer revealed the agreement in a pair of statements on Tuesday morning. The actual legislative text of the agreement, which must be finalized before lawmakers can vote on it, is still being completed. The package was expected to cover about three-quarters of discretionary government spending, due to come in at about $1.66 trillion for the fiscal year ending Sept. 30. Biden and House Republicans earlier this month laid out proposed budgets for the next fiscal year, which begins in October, that offered sharply contrasting priorities. Democrats and Republicans in Congress have been fighting since early last year on funding levels amid a push by hardline House Republicans to cut more spending than had been agreed to in a bipartisan deal enacted into law last June.

Persons: Charles Schumer, Mike Johnson, Joe Biden, Donald Trump, Chuck Schumer, Biden, Johnson Organizations: U.S, Capitol, Republican, Democrat, Congress, Department of Homeland Security, Democratic, U.S ., House Republicans, Russia, Republicans Locations: U.S, Mexico, Ukraine

The other five funding bills were effectively settled by the end of last week, with only the Homeland Security bill presenting deep divisions Republicans and Democrats were unable to settle. The deal is being negotiated by Johnson, Senate Majority Leader Chuck Schumer, D-N.Y., the White House and top appropriators in both chambers. Republicans rejected additional funding for ICE in a bipartisan border deal agreed to by senators and the White House, demanding additional policy changes. But they, too, have demands in the funding bill. The White House has also sought increased flexibility to aid border operations, sources with knowledge of the discussion said.

Persons: Mike Johnson, he'll, Johnson, Chuck Schumer, Bob Good, Chip Roy, Joe Biden's, they're Organizations: WASHINGTON, Congressional, Department of Homeland Security, State , Defense, Homeland Security, Labor, Health, Human Services, Republicans, Democrats, DHS, White, Congress, Immigration, Customs, ICE Locations: Texas

☆ An activist short-seller is making a name for itself by taking on Carl Ichan, Gautam Adani and others
▼ + stars: | 2024-03-19 | by ( Elliot Smith | ) www.cnbc.com time to read: +6 min

Anderson exposes corporate fraud and ponzi schemes through his company Hindenburg Research. Congress (IYC) staged a protest demanding a probe into the allegations of fraud made against the Adani group in the Hindenburg research report. Controversial practice Breakout Point has tracked 74 Hindenburg short bets it has opened since 2017. watch nowBiggest hits One of Hindenburg's biggest recent campaigns centered on a collection of businesses owned by Indian billionaire Gautam Adani. In January 2023, Hindenburg published a report accusing Adani Group companies of "brazen stock manipulation and accounting fraud."

Persons: Nate Anderson, Anderson, Carl Icahn, Gautam Adani, Ivan Cosovic, Hindenburg, LPP, Gautam Organizations: Hindenburg Research, Washington Post, The Washington Post, Getty, The, CNBC, Indian Youth Congress, Central, Indian Youth Congress Office, Congress, Hindustan Times, GameStop, Hindenburg's, Adani, Securities and Exchange Board of India Locations: The New York, NY, New York, DELHI, India, New Delhi, Gdansk, Russia, Ukraine

☆ Solar CEOs bet that Red State investments will protect them from threat of Trump repealing IRA
▼ + stars: | 2024-03-15 | by ( Spencer Kimball | ) www.cnbc.com time to read: +9 min

First Solar , the largest panel manufacturer in the U.S., expects to receive about $1 billion in tax credits this year for making its products domestically. Eight of the top 10 congressional districts in terms of solar investments are represented by Republicans, according to the think tank. Enphase CEO Badri Kothandaraman is blunt that repealing the IRA tax provisions would hurt domestic manufacturing. Enphase makes inverters, a crucial component that converts solar energy harvested by panels into electricity that's usable in homes and in the power grid. Republicans appear less opposed to the wind and solar tax credits, Marcus said.

Persons: Biden, Trump's, Mark Widmar, Widmar, we've, who's, Badri Kothandaraman, Kothandaraman, Trump, Enphase, Tobin Marcus, Marcus, Wolfe, Dan Shugar, Shugar, John Berger, Berger Organizations: Republican, Financial Times, Republicans, House, First, CNBC, GOP, Center, American Progress, Wolfe Research, Senate, Trump, Investors, Detroit autoworkers, Department of Energy Locations: U.S, Arizona, Ohio, Louisiana, Alabama, Puerto Rico, Columbia , South Carolina, Arlington , Texas, Houston

☆ Live updates: Trump classified documents case hearing in Florida
▼ + stars: | 2024-03-14 | by ( Dan Berman | Elise Hammond | ) edition.cnn.com time to read: +2 min

Eva Marie Uzcategui/Bloomberg/Getty ImagesA Florida judge overseeing the case against former President Donald Trump's handling of classified documents has set apart an entire day on Thursday to hear arguments on whether the case should be thrown out. His lawyers are expected to argue that Trump had presidential classification powers. Trump has claimed before that he was abiding by the relevant law, the Presidential Records Act, by engaging in a post-presidency negotiation with the National Archives and Records Administration about returning documents. The law simply says that when a president leaves office NARA assumes control of all presidential records. I do not understand what the former president is referring to when he mentions a process of negotiation with NARA."

Persons: Donald Trump, Eva Marie Uzcategui, Donald Trump's, Trump, Jason R, ” Timothy Naftali, Richard Nixon Organizations: Bloomberg, Getty, Records, National Archives, Records Administration, NARA, Trump, University of Maryland, Trump White House, CNN, New York University Locations: Mar, Lago, Florida, United States

☆ Biden's laws are pouring billions into new infrastructure and it could be a rare opportunity to make communities safer and more sustainable
▼ + stars: | 2024-03-11 | by ( Eliza Relman | ) www.businessinsider.com time to read: +11 min

The American Society of Civil Engineers gave it a C-minus in 2021 and said the US needed about $2.6 trillion in infrastructure investment over a decade. These include nonvehicle transportation projects such as pedestrian bridges and urban bike paths and neighborhood-level projects like park improvements. Inflation, worker shortages, and other obstaclesAcross the country, there are some key practical challenges to implementing infrastructure projects. Overcoming barriersLocal governments and employers across the country recognize many of the challenges to building and maintaining major projects. Under the Infrastructure Investment and Jobs Act alone, 72 programs "emphasize or allow some type of workforce development activity," a Brookings report found.

Persons: —, Joe Biden, Joseph Kane, Charles Marohn, Marohn, Kane, Drew Angerer, it's, Biden, It's, Greg Gianforte Organizations: Service, American Society of Civil Engineers, Infrastructure Investment, Jobs, Business, Transportation, Brookings Institution, Rail, Potomac, White House, Texas Department, US Department of Transportation, Michigan's, Grant, they're, Biden, Builders and Contractors, Congress, Jobs Act, Brookings Locations: Washington, Strong, Baltimore, Los Angeles, San Francisco, Long, New York, Austin, Austinites, America, Detroit, Brookings, Montana

☆ Biden rebutter Sen. Britt blasted for recycling 20-year-old sex traffic story to attack border policy
▼ + stars: | 2024-03-09 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Republican Sen. Katie Britt of Alabama is under fire for using what appears to be a sex trafficking victim's experience from the early 2000s to condemn President Joe Biden's current border policy. Britt seemingly attempted to present the anecdote as a damning example of Biden's border management. "President Biden's border policies are a disgrace. Britt's implication that Jacinto Romero divulged her experiences privately is not borne out by publicly available information. Though sex trafficking has taken place in the U.S. under the Biden administration, Jacinto Romero's sex-trafficking story is not an example of it.

Persons: Sen, Katie Britt, Republican Sen, Joe Biden's, Britt, Karla Jacinto Romero, Jacinto Romero, Marsha Blackburn, Cindy Hyde, Smith, Blackburn, Jonathan Katz, Jacinto Romero's, Sean Ross, Ross, Biden, Karla Organizations: U.S, Capitol, Republican, Union, Del, Hyde, Congress, U.S . House, CNBC Locations: Alabama, Biden's State, Del Rio, Texas, U.S, Guadalajara, Biden's, Mexico, Sens, Mexican

☆ Biden says he'll ban TikTok if Congress passes bill, but he's campaigning on it until then
▼ + stars: | 2024-03-08 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +10 min

Nathan Howard | ReutersSince Biden's playful intro post, his campaign's TikTok account has notched over 222,000 followers and over 2.4 million likes. The Biden campaign didn't immediately respond to a request for comment. On the app, users were greeted with a screenshot warning them that Congress was "planning a total ban of TikTok." TikTok goes to WashingtonU.S. political campaigns more broadly are trying to figure out how best to utilize TikTok. Last April, for instance, the White House said it was enlisting a squad of volunteer TikTok and Instagram influencers to help spread awareness of the Biden campaign.

Persons: Jaap Arriens, Joe Biden, TikTok, Maggie Macdonald, Biden, Kansas City Chiefs —, Macdonald, China's ByteDance, Troy Balderson, Shou Zi Chew, Nathan Howard, Donald Trump, Aaron Earls, Biden's, Karine Jean, Pierre, didn't, influencers, it's, Kennedy, Earls, Marilyn Monroe, Joe DiMaggio, Anupam Chander, —, Vivek Ramaswamy, wouldn't, We've, we'll, Anish Mohanty, Mohanty, that's Organizations: Nurphoto, Kansas City Chiefs, University of Kentucky, Washington , D.C, U.S, Chinese Communist Party, CCP, CNBC, U.S . Capitol, Reuters, Republican, Democratic, Senate, White, Biden, Washington U.S, Facebook, Democratic National Committee, Climate Power, Georgetown University Law Center, Congress, Trump, TikTok, Republican Party Locations: Australia, Singapore, Mexico, Washington ,, U.S, Ohio, Washington , U.S, Washington, China, Gaza

☆ TikTokers are enthusiastically joining the app's call to wage war on Congress over a potential ban
▼ + stars: | 2024-03-08 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

The proposed bill would force ByteDance to sell TikTok or face a nationwide ban. AdvertisementTikTokers have enthusiastically answered the app's call to bombard members of Congress with calls and messages in an effort to prevent the platform from being banned in the US. AdvertisementA TikTok spokesperson told Business Insider the legislation has a "predetermined outcome," which is a total ban of TikTok in the US. The state of Montana, for instance, banned TikTok entirely in 2023. An increasing number of states have also made the decision to ban TikTok on government-issued devices.

Persons: ByteDance, —, TikTokers, Mike Gallagher, Raja Krishnamoorthi, Trump, TikTok, Jamaal Bowman, Ben Stanley, Mary Miller, Shira, Meta Organizations: Service, Republican Rep, Democratic Rep, Energy, Commerce, New, YouTube, Centre for Digital Citizens, Northumbria University, Facebook, Universal Music Group Locations: Wisconsin, Illinois, Montana, Austin, China, Cambridge, Brexit

Opinion SoleAuthority Forty-five feet underground in a command center near Omaha, there’s an encrypted communications line that goes directly to the American president. Buried below is a military command headquarters constructed in case of a missile attack amid a national emergency. Yet regardless of who wins this election, or the next one, the American president’s nuclear sole authority is a product of another era and must be revisited in our new nuclear age. The jet’s crew can contact the president, verify his or her identity and relay a nuclear attack order to bomber squadrons, submarines and intercontinental ballistic missile silos. It is, however, unacceptable for an American president to have the sole authority to launch a nuclear first strike without a requirement for consultation or consensus.

Persons: —, Anthony Cotton, Biden, Donald Trump, Harry Truman, Truman, Truman’s, Jake Sullivan, ” Mr, Sullivan, “, Richard Nixon, wasn’t, Trump, Henry Kissinger, Nixon, Mark Milley, Nancy Pelosi, Bob Woodward, Robert Costa, Kissinger, Milley, Robert Kehler, Stratcom, Kehler, we’ve, That’s Organizations: U.S . Strategic Command, North American Aerospace Defense Command, NORAD, Joint Chiefs, Staff, American, White House, Strategic Command, White, North, Democrats, Chiefs, Air Force, Senate, U.S ., United Locations: United States, Omaha, U.S, America, Hiroshima, Nagasaki, Soviet, North Korea, Trump’s

CNN —President Joe Biden and former President Donald Trump took big steps toward making their seemingly inevitable rematch official, as both notched huge Super Tuesday wins. Here are takeaways from Super Tuesday:Trump wins bigThe former president continued his run of dominance in the Republican nominating contest, despite losing one state, Vermont, to Nikki Haley. His approval ratings remain low, and the general election horse race polling is worrisome for Democrats. But on Super Tuesday, like every other primary day, he has dominated his few rivals – typically winning around 80% of the vote. “Tonight’s numbers showed that President Biden cannot earn back our votes with just rhetoric,” Vote Uncommitted MN spokesperson Asma Nizami said in a statement.

Persons: Joe Biden, Donald Trump, Trump, “ uncommitted, Biden, suburbanites, Haley, Nikki Haley, CNN’s, there’s, ” Trump, Evan Vucci, Haley —, –, Marianne Williamson, Dean Phillips, who’s, Tapper, Warren, “, uncommitted ”, Uncommitted, Asma Nizami, ’, “ uncommitted ”, Robert F, Kennedy Jr, Kennedy, he’s, They’ve, South Carolina Sen, Lindsey Graham —, —, CNN’s Dana Bash, ”, Nikki, ” Graham, Graham, Haley’s, Mark Levin, She’s, — Biden, Jason Palmer, Palmer, hasn’t, Michael Bloomberg, ” Phillips, Biden’s, Mark Robinson, Josh Stein, Roy Cooper, Bill Graham, “ Mark Robinson, Laurie Buckhout’s, Don Davis, Sandy Smith, Smith, Dan Conston, Buckhout, Davis, Nathan L, Gonzales Organizations: CNN, Biden, Tuesday, Trump, Republican, —, AP, GOP, Trump . College, South Carolina, South Carolina Republican, News, American Samoa —, Democratic, Democratic National Convention, New York City, Minnesota Rep, Democratic Party loyalists, Gov, Democratic Gov, North Carolina Republicans, North, Republicans, Congressional, Fund, House GOP, Freedom Caucus, Capitol, Air Force Locations: Vermont, Lago, Palm Beach, Mar, Fla, Gaza, North Carolina, Virginia, Michigan, Israel, Minnesota, Ilhan Omar’s, Minneapolis, Nevada, New Hampshire, South Carolina, … Vermont, American Samoa, New York, Congress, Tarheel State, state’s, North Carolina’s, Washington

☆ Woman Could Have Prevented Great Recession; Ignored by Wall Street Men
▼ + stars: | 2024-03-04 | by ( Josie Cox | ) www.businessinsider.com time to read: +21 min

The story of Brooksley Born is not only the tale of a remarkable regulator whose Cassandra-like warnings — if heeded — could've prevented the great financial crisis from exploding into raging, ruinous enormity. Not long after she assumed chairmanship of the CFTC, Born started to feel a lingering unease with the rapidly expanding derivatives market. So to Rubin, Born was more of an inconvenience than anything, and she certainly wasn't in his club. Not long after, Treasury officials lobbied Congress to pass legislation preventing the CFTC from being able to regulate the OTC derivatives market. In the months and years that followed, it became increasingly hard to deny that the multi-trillion-dollar OTC derivatives market was the root cause of the great financial crisis.

Persons: Lehman Brothers, jolting, — could've, It's, Potter Stewart, Henry Edgerton, Porter, she'd, Bill Clinton, Clinton, Janet Reno, Brooksley, Michael Greenberger, Born, Gibson, weren't, Robert Rubin, Goldman Sachs, Rubin, Michael Hirsh, Alan Greenspan, Greenspan, Ayn Rand, Hirsh ., Hirsh, Greenspan didn't, braggadocian machismo, lauding Rubin, Lawrence Summers, Arthur Levitt, Josie Cox, Levitt, Summers, Jim Leach, Richard Lugar, —, Bethany McLean, Joe Nocera, Bob Rubin, Born's Cassandra, George W, Bush, Lauren Rivera, Christine Lagarde, Lehman, ABRAMS Organizations: Stanford University, Stanford Law School, Stanford, Appeals, District of Columbia Circuit, Arnold, Futures Trading Commission, American, CFTC, Bankers Trust, Procter, Gamble, Sumitomo, Federal Reserve, Fed, Securities and Exchange Commission, Financial Markets, Abrams, Term Capital Management, Enron, SEC, Born, Northwestern's Kellogg School of Management, Financial, International Monetary Fund, Lehman Brothers, Reuters, Street, The Washington Post, Guardian, Abrams Press Locations: California, Vietnam, United States, Washington, America, ABRAMS , New York

☆ More members of Congress are being elected at the far fringes: Former Sen. Kay Bailey Hutchison
▼ + stars: | 2024-03-04 | 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 EmailMore members of Congress are being elected at the far fringes: Former Sen. Kay Bailey HutchisonKay Bailey Hutchinson, former U.S. Ambassador to NATO and former U.S. Senator (R-Teas), and Steve Israel, director of Cornell University’s Institute of Politics and Global Affairs and former U.S. Congressman (D-N.Y.), join 'Squawk Box' to discuss the latest funding bills unveiled by Congress to avoid a government shutdown, state of politics on Washington, and more.

Persons: Sen, Kay Bailey Hutchison Kay Bailey Hutchinson, Steve Israel Organizations: NATO, Cornell University’s Institute of Politics, Global Affairs Locations: U.S, Washington

The Colorado Supreme Court affirmed the first part of the ruling — that Mr. Trump had engaged in an insurrection. Mr. Trump asked the U.S. Supreme Court to intervene, setting out more than half a dozen arguments about why the state court had gone astray and saying his removal would override the will of the voters. Both results are inconsistent with the plain language and history of Section 3.”The State Supreme Court addressed several other issues. 23-719, is not the only one concerning Mr. Trump on the Supreme Court’s docket. And the justices already agreed to decide on the scope of a central charge in the federal election-interference case against Mr. Trump, with a ruling by June.

Persons: Donald J, Trump, Bush, Gore, George W, Mr, “, ” Mr, Trump’s, Jan, Anderson Organizations: Colorado, Republican, United, The, The Colorado Supreme, Colorado Supreme, Mr, U.S, Supreme, “, Trump, Capitol Locations: United States, Colorado, The Colorado

☆ U.S. funding bill blocks China from buying oil from Strategic Petroleum Reserve
▼ + stars: | 2024-03-04 | by ( ) www.cnbc.com time to read: +1 min

A measure in the U.S. funding legislation unveiled by congressional leaders on Sunday would block China from buying oil from the Strategic Petroleum Reserve, or SPR. A measure in the U.S. funding legislation unveiled by congressional leaders on Sunday would block China from buying oil from the Strategic Petroleum Reserve, or SPR. That year the SPR sold 1 million barrels to UNIPEC America, a Houston-based arm of China's Sinopec. In 2017, under former President Donald Trump, some SPR oil was sold to PetroChina International, a subsidiary of Chinese state oil company PetroChina Co Ltd . The SPR currently holds more than 360 million barrels of oil but is close to 40-year lows due to the sales in 2022.

Persons: Joe Biden, Donald Trump Organizations: Strategic Petroleum Reserve, Congress, Democrat, PetroChina, PetroChina Co Locations: U.S, China, Ukraine, America, Houston

☆ Opinion: Why ‘My Way’ won’t go away
▼ + stars: | 2024-03-03 | by ( Richard Galant | ) edition.cnn.com time to read: +17 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. “That is the way he spoke,” Anka told Ed Masley of the Arizona Republic. It may not go his way, but the failure of Congress to approve more aid to Ukraine likely is giving Putin hope. Whether Congress chooses to provide the continued financial support Ukraine, Israel and Taiwan desperately need will go a long way toward answering this question. “If Biden wants to improve his standing with voters,” wrote Jon Gabriel, “a Brownsville photo won’t cut it.

Persons: CNN — “, ”, Frank Sinatra, “, Alexey Navalny, Paul Anka, Sinatra, …, Anka, ” Anka, Ed Masley, Vladimir Putin, Donald Trump, Melania Trump, Odessa Rae, Trump, Joe Biden, Jack Smith, Mitch McConnell, McConnell, Julian Zelizer, Putin, Emmanuel Macron, Mark T, Esper, Russia resurges, ” Esper, Nick Anderson, Dahlia Lithwick, Steve Vladeck, Walt Handlesman, Biden, Nikki Haley, “ Biden, specter, ” David Axelrod, Haley, ” Dana Summers, Joe Biden John Halpin, Sophia Nelson, Catherine Russell, Russell, Ofri Bibas Levy, Yarden, Kibbutz Nir, Shiri Bibas, Ariel, ” Levy, Shiri, Kfir, Frida Ghitis, Drew Sheneman, Roe, ” Cupp, Katie Britt, Elena Sheppard, I’d, Betsy Ross, ” Sheppard, Dorothea Dix, Lucy Delaney, Elizabeth Cady Stanton, Sheppard, Kristen Kelly, Serene Williams, Clay Jones, Jon Gabriel, Gabriel, Eric Adams, Laken Riley, Raul A, Reyes, ” Don’t, David Horsey, Agency Van Jones, Ariel Dorfman, Dean Obeidallah, Shane Gillis, Noah Berlatsky, —, Kellie Carter Jackson, Lev Golinkin, Josephine Apraku, Germany Jill Filipovic, Jodie Turner, Smith, Michael Bociurkiw, Anna Arutunyan, Kirk Tanner, Jeff Yang, ” Wendy’s, ” Yang Organizations: CNN, FBI, Liberty Ball, Russia ”, Twitter, Capitol, Republicans, Senate, GOP, Trump, Republican Party, West, Tribune Content Agency Trump, Michigan Trump, Democratic, Agency, Tribune Content Agency, UNICEF, Hamas, CNN Republicans, Union, Biden, New York City, Immigration, Customs Enforcement, University of Georgia, Congressional, Stanford Locations: Moscow, Miami, Arizona Republic, Russian, Russia, Odessa, Ukraine, Michigan, “, United States, Israel, Taiwan, Washington ,, Gaza, Tribune Content Agency Gaza, Rafah, ”, Alabama, Biden’s State, Brownsville, New York, Venezuela, Germany

☆ Top stocks to play the future of energy from an investor managing a $5 billion Vanguard fund
▼ + stars: | 2024-03-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +8 min

The Vanguard Energy Fund originated in 1984 and until Levering arrived, it had focused for more than three-decades on oil, gas and coal investments. "My view was that's fossil fuel energy — that's not energy," Levering told CNBC in an interview. Levering took over the Vanguard fund in 2020 as the Covid-19 pandemic had effectively shut down the global economy. Levering said the Vanguard Energy Fund is structured to remain resilient and deliver returns through its hybrid approach, regardless of the macroeconomic turns the world takes. European oil majors The Vanguard Energy Fund remains heavily weighted toward oil and gas companies.

Persons: Tom Levering, Levering Organizations: Vanguard Energy Fund, CNBC, Vanguard, Wellington Management, U.S, Congress, Invesco, Utilities, Duke Energy, Shell, BP Locations: Covid, Russia, Ukraine, French, Southern

☆ This tense showdown between Hunter Biden and Matt Gaetz over drug use is quite something
▼ + stars: | 2024-03-01 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Florida Rep. Matt Gaetz and Hunter Biden crossed swords over drug use during a deposition. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementA new transcript shows the tense moment Rep. Matt Gaetz of Florida decided to go after Hunter Biden with probing questions about drugs — and what happened next. Gaetz asked, referencing the Ukrainian energy company that Hunter Biden had served as a board member for. "I will answer it this way: I have been absolutely transparent about my drug use," Hunter told Gaetz on Wednesday.

Persons: Matt Gaetz, Hunter Biden, Gaetz, Hunter, he'd, —, Biden, Joe Biden, Oklahoma Sen, Markwayne Mullin, Mullin, CNN's Manu Raju, Mullin's, Hunter hasn't Organizations: Service, GOP, CNN, Gaetz, Business Insider Locations: Florida, Ukrainian, Oklahoma

☆ Salesforce's top AI ethics leader says she's 'optimistic' on the path to U.S. regulation
▼ + stars: | 2024-03-01 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

BARCELONA — A top executive at Salesforce says she is "optimistic" that U.S. Congress will make new laws to regulate artificial intelligence soon. She noted that the need to consider guardrails has become a "bipartisan" issue for U.S. lawmakers and highlighted efforts among individual states to devise their own AI laws. "It's very important to ensure U.S. lawmakers can agree on AI laws and work to pass them soon," Goldman told CNBC. And I think it's very important that we have a set of guardrails around the technology," Goldman added. Goldman sits on the U.S. National AI Advisory Committee, which advises the Biden administration on topics related to AI.

Persons: Paula Goldman, guardrails, Goldman, We've, we're, that's, Biden Organizations: U.S . Congress, BARCELONA, CNBC, Mobile, Congress, Senate, U.S, National AI Advisory Locations: Barcelona, Spain, United States, EU

Search resuls for: ". Congress"

25 mentions found