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political memoThe outcome of Donald Trump’s Manhattan trial on Thursday had seemed almost unthinkable to the Trump team as recently as last summer. Guilty.”When Mr. Trump got up to leave court, his face looked as if he’d been punched in the solar plexus. Mr. Trump and his allies on Capitol Hill and in conservative media assiduously prepared their audiences to be outraged, whatever the outcome. “There’s a sense of personal resentment,” added the senator, who is on a shortlist to be Mr. Trump’s running mate. He got MAGA’d yesterday,” Mr. Trump said in the hallway outside the courtroom.
Persons: Donald Trump’s Manhattan, Donald J, Trump’s, Trump, Mr, Eric, Eric Trump’s, Steve Witkoff, ” Mr, Witkoff, Adam Gray, Jack Smith, Washington, Tanya Chutkan, Manhattan, Mark Pomerantz, Alvin L, Bragg, Michael D, Cohen, , President Biden, Stephen K, Bannon, Alvin Bragg, Emil Salman, Biden, ” Neil Newhouse, Republican pollster, , Newhouse, , J.D, Vance, MAGA, Robert De Niro, De Niro, ” Ruth Igielnik Organizations: Trump, Republican National Convention, Credit, The New York Times, Democratic, Capitol, Republican, Senate, Republicans, Trump . Credit, Mr, New York Times, Quinnipiac University, “ Voters, Fox, stoke, Biden Locations: Manhattan, Florida, Georgia, New York, U.S, Trump ., Siena, Ohio, Lower Manhattan
The center, a division of the National Weather Service, issued a modern geomagnetic storm watch, known as a G2, for Friday and Saturday. Unlike the G5, or extreme geomagnetic storm, that occurred on May 10, moderate storm watches are not uncommon, according to the center. But the aurora-causing solar flares and coronal mass ejections currently spewing from the sun are a result of the same sunspots that triggered solar activity in May, according to Dr. Ryan French, solar physicist at the National Solar Observatory in Boulder, Colorado. “The frequency of things is decreasing, but you only need one to cause a large geomagnetic storm. The solar storm on May 10 was the most successfully mitigated space weather storm in history, Dahl said.
Persons: Ryan French, Lokman Vural, “ It’s, , Shawn Dahl, Dahl, ” Dahl, , That’s, there’s Organizations: CNN, United, National Oceanic, Prediction, National Weather Service, Anadolu Agency, Getty, Solar Dynamics, auroras, , European Space Agency Locations: United States, Midwest, New York, Idaho, Boulder , Colorado, Rochester , New York, Sweden, South Africa
Like many flags and historical symbols, the Appeal to Heaven flag has multiple meanings and has been used in differing capacities. What is ‘An Appeal to Heaven?’The Appeal to Heaven flag, or “Pine Tree” flag, features a green pine tree on a white field, with the words “An Appeal to Heaven” in black text above it. The pine tree retained this meaning of resistance, and has appeared on some state flags and seals. However, the polarizing recent history of the Appeal to Heaven flag is starting to become known. This week, the city of San Francisco made the decision to remove an “Appeal to Heaven” flag that flew alongside several other flags over City Hall.
Persons: Samuel Alito, Mike Johnson’s, George Washington’s, Alito, Johnson, , John Locke’s “, Donald Trump, Trump, Carolyn Kaster, Jemar Tisby, Tisby, Barack Obama’s, Sheets, “ It’s, it’s, ” Sheets, “ There’s, Mike Johnson, CArlos Barria, George Washington, , ” Alito, San Francisco, Daniel Montez, Josh Du Lac Organizations: CNN, American, Continental Army, Trump, Simmons College, Tea Party, Republican, Christian, Associated Press, , City, Francisco Recreation, Parks Locations: New Jersey, Massachusetts, San Francisco’s, British, New England, Washington ,, Kentucky, Gadsden, Ohio, San, Francisco
“Art is one of our oldest creations (humans invented paint long before the wheel), one of the earliest means of communication (we drew long, long, long, long before we could write), and one of our most universal urges,” she wrote. But when you watch artists making art, it is a physical experience. Different art forms affect the brain and body in different ways. Just as when we are prescribed medications, (it’s true that) types, doses and durations of art work differently for different people. And just one art experience per month can extend your life by 10 years.
Persons: Susan Magsamen, , Ivy Ross, Bianca Bosker, , Marco Brambilla’s, Leon Neal, Rothko, , Cy, Benjamin Krantz, Bianca, Jessica DuLong Organizations: CNN, Research, Getty, Physicians, Viking CNN Locations: London, Houston, Brooklyn , New York
“Today’s verdict does not change the fact that the American people face a simple reality,” said campaign communications director Michael Tyler. Convicted felon or not, Trump will be the Republican nominee for president,” Tyler said. Supporters hold placards and flags following the announcement of the verdict in Trump's criminal trial. Or, the guilty verdict could play into Biden’s campaign theme that his predecessor is too corrupt and extreme to serve as president again. In another age, a guilty verdict would have immediately ended Trump’s campaign.
Persons: Donald Trump’s, ” Trump, foreperson, Trump, , Joe Biden’s, , Michael Tyler, Donald Trump, ” Tyler, he’s, he’ll, he’d, jubilation, He’s, Biden, Andrew Kelly, ignominy, Timothy Naftali, ” Naftali, Stormy Daniels, , Attorney Alvin Bragg, Prosecutors, Michael Cohen, Todd Blanche, CNN’s Kaitlan Collins, Eric Trump, Justin Lane, Elise Stefanik, Joe Biden, ” Stefanik, Mike Johnson, South Carolina Sen, Lindsey Graham, ” Graham, Larry Hogan, who’s, ” Hogan, Chris LaCivita, hasn’t Organizations: CNN, Trump Tower, Republican, Republican National Convention, Reuters, Trump, Manhattan, Attorney, Manhattan Criminal, New York, GOP, , Louisiana Republican, Senate, Locations: United States, New York, York, America, South Carolina
Will Smith and Jada Pinkett Smith attend the 2024 "Bad Boys: Ride or Die" premiere. But Pinkett Smith later clarified that they're "staying together forever," even while technically being apart. And they showed that they're still a power duo despite the specifics of their relationship while attending the "Bad Boys: Ride or Die" premiere. Smith walked the red carpet in a black suit with a textured blazer and accessorized with a beanie, tinted sunglasses, and a beaded necklace. Pinkett Smith stood beside him in a sheer Iris Van Herpen design with a plunging neckline and black stripes.
Persons: Will Smith, Jada Pinkett Smith, Frederic J . Brown, Pinkett Smith, they're, Smith, Van Herpen
But in closing arguments, one of Mr. Bragg’s prosecutors said that Mr. Cohen had told his lies for Mr. Trump. After the election, Mr. Pecker testified, Mr. Trump summoned him to Trump Tower. The ShowdownEven that did not prove that Mr. Trump had falsified records to disguise his reimbursement of Mr. Cohen. Mr. Trump washed his hands of Mr. Cohen, who turned on the man he had once idolized. Mr. Blanche also argued that Mr. Cohen had profited from his hatred for Mr. Trump with two books and a lucrative podcast deal.
Persons: Donald J, Trump, Juan M, Merchan, anoints, Alvin L, Bragg, Trump’s, Stormy Daniels, Michael D, Cohen, Eduardo Munoz, Daniels, Mr, Michael Cohen, , Joshua Steinglass, Cohen “, ” Mr, glowered, Mike Johnson, Biden, , Donald Trump, Dave Sanders, Biden’s, Todd Blanche, Blanche, Todd Heisler, David Pecker, Pecker, nonchalantly, Hope Hicks, Hicks, Ms, The New York Times “, Justice Merchan, “ You’re, ” Ms, Allen H, Weisselberg, Susan Hoffinger, Cohen’s, Joe Piscopo, giddily, Hoffinger, Jean Carroll, Bragg’s, Wesley Parnell, Michael Rothfeld Organizations: White, Republican, Convention, Office, Reuters, Mr, Credit, The New York Times, Democratic, New York Times, National Enquirer, Trump, Playboy, Street Journal, New, Hells Angels Locations: American, Manhattan —, Lower Manhattan, , Florida, Washington, Georgia, New York, Manhattan, Trump’s Midtown Manhattan, Tahoe, Nev, America
It marks the often-unloved group's third-best showing since 2002, according to Goldman Sachs. Utilities aren't just an AI playOther than their understated connection to AI, utilities are attractive on a valuation basis and as a defensive hedge, according to Goldman Sachs. AdvertisementHowever, utilities are cheap compared to the high-single-digit earnings growth they're expected to produce in the next several years. Goldman SachsBesides being discounted relative to their future growth, utilities serve as a hedge against lower economic growth. AdvertisementOf the 16 utilities stocks covered by Goldman Sachs analysts, only half have a buy rating from the firm.
Persons: , Goldman Sachs, Carly Davenport, Ryan Hammond, Bill Gross, Sebastien Page, Rowe Price, it's, Page, Goldman, Hammond Organizations: Service, Utilities, Business, Nvidia, Microsoft, Goldman, Federal Reserve
A slew of big-box retailers have lowered prices on items in recent weeks, citing moderating inflation and frugal customers. Recent economic data has also suggested that inflation is cooling, after data earlier this year spurred fears that progress had stalled. Yet Americans don’t seem convinced that inflation is moderating or that the economy is as healthy as indicators suggest. Mortgage rates have declined in recent weeks but remain near 7%. Target announced plans to cut prices on thousands of consumer basics as inflation cuts into household budgets.
Persons: aren’t, Charles Schwab’s, , James Kostulias, Charles Schwab, Joe Raedle, Jerome Powell, Powell, Neel Kashkari, “ I’m, Schumer, Chuck Schumer, General Merrick Garland, , Elizabeth Warren, Amy Klobuchar, Bernie Sanders, Dick Durbin, Scott Sheffield, Read, Matt Egan, Mat Ishbia, homebuyers, refinances Organizations: CNN Business, Bell, New York CNN, Walmart, Target, Ikea, Aldi, CPI, “ Traders, Minneapolis Federal, CNBC, Democrats, Justice Department, Oil, Big Oil, DOJ, Big, Federal Trade Commission, United Wholesale Mortgage, Phoenix Suns NBA Locations: New York, Miami , Florida, Minneapolis, Texas, Sens
CNBC Daily Open: Trump guilty in hush money trial
  + stars: | 2024-05-31 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
Traders work on the floor of the New York Stock Exchange during afternoon trading on Jan. 22, 2024 in New York City. The Dow Jones and S&P both hit all time highs with the Dow Jones closing over 38,000 points for the first time ever as stocks continue to rise. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Saleforce sinks stocksWall Street closed lower after Salesforce had its worst day in two decades. Salesforce plungesShares of Salesforce slumped more than 20%, their worst trading day in 20 years, after the cloud software company reported weaker-than-expected results.
Persons: Dow Jones, Trump, Donald Trump, Daniels, Salesforce, Dell, Dell's, Foot, Locker's, Mary Dillon Organizations: New York Stock Exchange, CNBC, New, Republican National Convention, Dow Jones, Nasdaq, Nvidia, Microsoft, Treasury, Dell, Citi Locations: New York City, New York, U.S, Milwaukee
The Texas Supreme Court on Friday unanimously rejected a challenge to the state’s strict abortion ban, ruling against a group of 22 women and abortion providers who sought to expand the exceptions for medical emergencies under the law. While the challenge will continue in trial court, the state’s attorney general, Ken Paxton, would almost certainly appeal any loss there, and the high court’s decision Friday made clear that he would ultimately prevail. “I will continue to defend the laws enacted by the Legislature and uphold the values of the people of Texas by doing everything in my power to protect mothers and babies,” Mr. Paxton said in a statement. The lawsuit, filed by the Center for Reproductive Rights, was the first on behalf of women denied abortions after the United States Supreme Court overturned Roe v. Wade two years ago. While the case revolves around the question of what counts as an exception — unlike other lawsuits, it did not seek to overturn a state ban — it has changed the political debate around abortion by underscoring the potentially devastating medical consequences of abortion bans even for women who were not seeking to end unwanted pregnancies.
Persons: Ken Paxton, Mr, Paxton, Roe, Wade Organizations: Texas Supreme, Center for Reproductive, United States Locations: Texas
Why there's a massive copper shortage
  + stars: | 2024-05-31 | by ( Shawn Baldwin | ) www.cnbc.com   time to read: +1 min
Demand for copper is surging. The red metal, considered a barometer for economic health, is a vital component for the construction and defense industries as well as a key component in electric cars, wind turbines and the power grid. Existing mines and projects under construction will meet only 80% of copper needs by 2030, according to the International Energy Agency. "High-grade economic copper resources are not abundant, these things aren't all over the place, you have to go find them," said Chris LaFemina, global metals and mining analyst at Jefferies. To look at the challenges facing copper producers, CNBC got a behind the scenes look at Rio Tinto's Kennecott mining operation outside of Salt Lake City.
Persons: Chris LaFemina Organizations: International Energy Agency, Jefferies, CNBC Locations: Rio, Salt Lake City
New York CNN —The jury might still be deliberating, but Donald Trump’s media allies have already delivered a verdict to their audiencesThroughout the duration of the Manhattan hush-money trial, Fox News and the rest of MAGA Media have set the stage to absolve Trump in the historic case. Inside this alternate media universe, the actual facts of the case never penetrate the bubble that shields its audiences from detrimental developments for Trump. In the Republican Party, voters absorb their information from outlets like Fox News, which has dishonestly run defense for Trump over the course of the trial. And the study only accounted for Fox News, not the host of other entities that make up the right-wing media universe. It can be tempting to ignore the torrent of attacks Trump’s media allies are launching in their unrelenting efforts to undermine the case.
Persons: Donald Trump’s, Trump, Sean Hannity, Laura Ingraham, Steve Bannon, Joe Biden, nefariously, , Biden, Trump’s, it’s, Michael Cohen, David Pecker, , Judge Juan Merchan, Attorney Alvin Bragg, Jesse Watters, Merchan, Organizations: New York CNN, Fox News, MAGA Media, Trump, GOP, National Enquirer, Republican Party, Fox, Manhattan, Attorney, Media Matters Locations: New York, Manhattan
“I was pretty disappointed by my performance, and I knew I had to work harder,” he said in a recorded interview that aired during the show. After his win, Bruhat was joined onstage by his parents and two siblings, who expressed pride and elation at his achievement. In a recorded interview aired during the show, Bruhat — who is tall for his age — said that he also enjoys basketball. His favorite player is LeBron James, according to his bio on the Scripps National Spelling Bee website. His parents said that Bruhat memorized about 80 percent of the sacred Hindu texts, the Bhagavad Gita.
Persons: Bruhat, , Bruhat’s, elation, , LeBron James, Emily Schmall, Maggie Astor, Emmett Lindner Organizations: Scripps, 163rd, Spelling
The Right Kind of Tipping Point
  + stars: | 2024-05-30 | by ( David Gelles | ) www.nytimes.com   time to read: +1 min
It’s worth dwelling on the significance of what could be a remarkable inflection point. For centuries, the burning of coal, oil and gas has produced huge volumes of planet-warming gasses. This projection is in roughly in line with other estimates, including a recent report from Climate Analytics. Thanks to the rapid build-out of wind and solar power plants, particularly in China, global emissions from the power sector are set to decline this year. Last year, the amount of renewable energy capacity added globally jumped by almost 50 percent, according to the International Energy Agency.
Organizations: Climate Analytics, International Energy Agency Locations: China
Why the Negro League stats belong in the MLB record books
  + stars: | 2024-05-30 | by ( Harry Enten | ) edition.cnn.com   time to read: +12 min
Fortunately, we got to see other NLB players join an integrated MLB a short time into their careers. Bettmann Archive/Getty ImagesFormer NLB players who joined the integrated MLB got on base more frequently (.361) than the average (.324). Hulton Archive/Getty Images Robinson was a formidable athlete in college, lettering in four sports at UCLA. Bettmann Archive/Getty Images Robinson poses in the dugout with Dodgers teammates as he makes his historic debut on April 15, 1947. Rogers Photo Archive/Getty Images Robinson leaps into the air to try to turn a double play in 1952.
Persons: , Major League Baseball’s, Neil Paine, , Todd Peterson, White, Satchel Paige, Dizzy Dean, Mark Rucker, of Famer Dizzy Dean, , Dean, Paige, Willie Mays, Mays, Henry “ Hank ” Aaron, Aaron didn’t, Wes Westrum's, It’s, Don Newcombe, Jackie Robinson, Robinson, Rachel Isum, Johnny, Jorgensen, Harold, Pee Wee, Reese, Eddie Stanky, Rickey, Rogers, Richard Nixon, Paul Schutzer, Edd Roush, Bob Feller, Bill McKechnie, Cliff Welch, Ed Sullivan, Rachel, — Jackie Jr, David, Sharon —, Robert Riger, Jackie Robinson's, Larry Doby –, Hall, Hall of Famer –, Josh Gibson, Gibson’s, Gibson, Ty Cobb, Babe Ruth, Ruth, We’ll, Larry Doby, Stanley Weston, Doby, Cobb, Grover Cleveland Alexander, Walter Johnson, they’ll Organizations: CNN, Negro League Baseball, Major League, MLB, Negro League, Wrigley Field, White MLB, of Famer, White, Birmingham Black Barons, Indianapolis, National Leagues, New York Giants, Philadelphia Phillies, Polo, Bettmann, Getty, National League, Brooklyn Dodgers, Hulton, UCLA, US Army, Kansas City Monarchs, Negro Leagues, Sporting, Montreal Royals, Dodgers, New York Yankees, GOP, Republican, Hall of Fame, CBS, Freedom, American League, Hall of Famer, Baseball, Cleveland Indians, NL, AL Locations: Chicago, , New York, Cairo , Georgia, Pasadena , California, Los Angeles, New York, Stamford , Connecticut, Williamston , North Carolina, Bettmann, Anaheim , California
Google on Thursday said it will invest $2 billion in Malaysia, with part of the funds going toward building its first data center and cloud region in the country, as the demand for AI and cloud services rises. The Malaysia cloud region is the latest addition to Google's network of 40 regions and 121 zones in the world, the U.S. tech giant said. This comes after Microsoft said earlier this month it will invest $2.2 billion in Malaysia to advance new cloud and AI infrastructure. Tech giants like Google and Microsoft have pledged billions of dollars to Southeast Asia to capitalize on the rising demand for AI and cloud computing services. The AI boom has boosted demand for cloud computing services and data centers, as large amounts of data are required to train AI models and the cloud provides access to vast datasets.
Persons: Ruth Porat, Porat, Tengku Datuk Seri Utama Zafrul Aziz Organizations: Google, Government, Microsoft, Tech, Industrial Locations: Malaysia, U.S, Indonesia, Thailand, Southeast Asia
Billionaire Nelson Peltz is no longer an investor in Disney. Peltz fought a pricey proxy battle with Disney CEO Bob Iger over its board but lost. He's now sold all his Disney shares, which marks the likely end of the power struggle. AdvertisementBillionaire hedge fund founder Nelson Peltz has sold his stake in The Walt Disney Company after losing a pricey proxy battle with CEO Bob Iger. Peltz, the activist investor who founded Trian Partners, once controlled about $3.5 billion in Disney stock.
Persons: Nelson Peltz, Peltz, Bob Iger, He's, , Jay Rasulo Organizations: Disney, Service, Billionaire, Walt Disney Company, Trian Partners, The New York Times, Business
3-Stock Lunch: CRM, AMAT & ISRG
  + stars: | 2024-05-30 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: CRM, AMAT & ISRGJerry Castellini, Castleark Management president, joins 'Power Lunch' to discuss plays for three stocks including: Salesforce, App. Materials and Intuitive Surgical.
Persons: Jerry Castellini Organizations: Castleark Management
Donald J. Trump’s run of luck in his criminal cases has expired. Before the conviction on Thursday in Manhattan, the former president had drawn what some of his closest advisers regarded as a defense lawyer’s equivalent of an inside straight: something close to perfection. Mr. Trump had lost civil cases with costly damages, but the four criminal cases that threatened his freedom were stumbling along so badly that his advisers were often incredulous at his good fortune. In the Georgia case, the prosecutor who had charged Mr. Trump as part of a conspiracy to overturn the 2020 election was caught in a romantic affair with the man she had hired to help her prosecute Mr. Trump. And with the federal charges over his efforts to disrupt the peaceful transfer of power, the Supreme Court has significantly narrowed the chances of a trial before the election, having taken up the presidential immunity arguments put forth by Mr. Trump’s lawyers.
Persons: Donald J, Trump’s, Trump, Mr Organizations: Trump Locations: Manhattan, Florida, Georgia
Fashion retailers turning to denim to attract customers
  + stars: | 2024-05-30 | 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 EmailFashion retailers turning to denim to attract customersCNBC’s Gabrielle Fonrouge and Melissa Repko join 'Power Lunch' to discuss retail earnings, trends and consumer spending.
Persons: Gabrielle Fonrouge, Melissa Repko
Friedrich Chill Premier Smart Window Air Conditioner (CCF08A10A) If you have a medium-sized room, the Friedrich Chill Premier Smart Window Air Conditioner (CCF08A10A) is your best option with its impressive cooling abilities, smart connectivity, and long warranty. Our review of the Friedrich Chill Premier air conditionerAdvertisementSetupThe setup was straightforward and took about 30 minutes. AdvertisementEnergy UseThe Friedrich Chill Premier air conditioner is Energy Star-certified to help protect the climate, save money, and save energy. Read our full Midea U-Shaped air conditioner review and check out our guide to the best air conditioners for more options. If your window doesn't accommodate a window air conditioner, consider picking up one of the recommended models from our best portable air conditioner guide.
Persons: I've, Friedrich, Friedrich Chill, Richard, James Brains, Friedrich Chill Premier, wasn't Organizations: Business, Smart, Friedrich Chill Premier, Premier, Friedrich Chill, Energy Star, Friedrich AC, Google, Amazon Alexa
South Africans were on edge Thursday as votes trickled in from a tight national election, with early returns showing poor results for the African National Congress, the party that has governed the country for three decades. — for the first time — would need to form a coalition with one or more rival parties in order to stay in power. In South Africa’s parliamentary system, President Cyril Ramaphosa, the leader of the African National Congress, would need the support of members of the opposition in order to serve a second term. would significantly change South African politics, and also its policies, shifting the country away from a government dominated by a single party to one held together by fragile coalitions. in small municipalities, but has been fraught in large cities like Johannesburg, where it has led to political infighting.
Persons: , Cyril Ramaphosa Organizations: African National Congress Locations: Africa’s, Johannesburg
The Supreme Court sided with the National Rifle Association on Thursday, saying it could pursue a First Amendment claim against a New York state official who had encouraged companies to stop doing business with it after the 2018 school shooting in Parkland, Fla.Justice Sonia Sotomayor, writing for a unanimous court, found that the N.R.A. had plausibly claimed a violation of the First Amendment, sending the case back to the U.S. Court of Appeals for the Second Circuit, in New York, for further proceedings. The N.R.A., in asking the Supreme Court to hear the case, cited what it described as the enormous regulatory power of the state official, Maria T. Vullo, a former superintendent of the New York State Department of Financial Services. A court decision siding with Ms. Vullo, the group warned, would open the door to government officials making similar pleas about hot-button issues like abortion and the environment. Ms. Vullo, in court filings, has pushed back again the N.R.A.’s allegations that she undermined the First Amendment.
Persons: Sonia Sotomayor, Maria T, Vullo Organizations: National Rifle Association, U.S ., Appeals, Second Circuit, New York State Department of Financial Services Locations: New York, Parkland, Fla
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDuke Energy CEO on clean energy transition: Extraordinary opportunity where innovation meets growthLynn Good, Duke Energy chair and CEO, joins 'Squawk on the Street' to discuss long-term energy security, how much of the company's supply is data centers, and how much tech companies are investing to develop this clean energy power.
Persons: Good Organizations: Duke Energy
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