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Opinion: Credibility is the key at Trump trial
  + stars: | 2024-05-19 | by ( Richard Galant | ) edition.cnn.com   time to read: +21 min
The idea that Cohen talked to Trump about Daniels on that call “was a lie,” Blanche alleged. Moreover, my experience has been that juries don’t decide based upon one moment — they base their judgment on an overall view.”There were allegedly three parties aware of the scheme to conceal the real reason Trump paid Cohen more than $400,000 in supposed legal fees: Trump, Cohen and Allen Weisselberg, then-chief financial officer of the Trump Organization. “Weisselberg could be the linchpin to validate Cohen’s claims about Trump agreeing to reimburse him through Trump Organization, as a business expense,” wrote attorney Stacy Schneider. Trump seems to be tempted to go mano a mano and show that he is better fit to be commander-in-chief. The new requirement for GOP politicians wanting to demonstrate their loyalty to Trump seems to be visiting the Manhattan courthouse where he’s on trial.
Persons: CNN —, ” Mark Twain, , Twain, ” Michael Cohen, Donald Trump, , Trump, Stormy Daniels, Todd Blanche, Cohen, Norm Eisen, Blanche, , pummeled Cohen, Robert Mueller, Nick Anderson, Agency Cohen, Keith Schiller, Daniels, ” Blanche, ” Eisen, don’t, Allen Weisselberg, Stacy Schneider, Weisselberg, David Zurawik, “ I’ve, Sen, Robert Menendez, He’s, George Santos ., CNN “ It’s, he’s, , Henry Cuellar, ” Cupp, Drew Sheneman, Georgia —, Vladimir Putin’s, Frida Ghitis, ” Ghitis, Joe Biden’s, ” Dana Summers, “ Biden, ” Julian Zelizer, mano, Biden, ” Bill Bramhall, Stephanie Griffith, Howard Tucker, Gayle Fleming, Michael Ventura Gayle Fleming, Biden —, ” Tom Brady’s, Kara Alaimo, Tom Brady “, Kevin Hart, Gisele Bündchen, Brady, Benjamin, Vivian, ’ Brady, , Alaimo, Brady didn’t, Nafees Syed, Kamel El Hilali, Andrew Borene, freakout Scott Stantis, Jeff Yang, … ” Brown, Keith Magee, Brown, backpedaling, Forget, Doug Burgum, Scott Jennings, Burgum’s, Bill Bramhall, Content Agency Clarence Thomas Washington, Clarence Thomas ’, Dean Obeidallah, Thomas, Harlan Crow, ” Clay Jones, John Oliver’s, Steve Vladeck, “ Thomas, ” Don’t, Clayton Swope, Dan Perry, Netanyahu, Jill Filipovic, Miss Teen USA Mary Ziegler, Bob Kolasky, Megan L, Ranney, Karen Tang, Halle Berry, Naomi Watts, Jonathan Yeo, King Charles III, Aaron Chown, Holly Thomas, King Organizations: CNN, Trump, Tribune, Agency, Trump Organization, Twitter, Facebook, DC, Robert Menendez of New, GOP, ” Texas, White, Europe, Russia, Kyiv, Biden, ABC, Democratic Party, Netflix, Garden State, Content Agency, Capitol, Consumer Financial, Board, Fifth Circuit, ICC, Miss USA, Miss Teen USA, Buckingham Palace, Royal Locations: New York, Robert Menendez of, Robert Menendez of New Jersey, Russian, Ukraine, Slovakia, Georgia, Soviet Republic, United States, Cleveland, , Manhattan, North, . North Dakota, ” That’s, Louisiana , Mississippi, Texas, Florida’s, Buckingham
“It’s heartbreaking.”The picture is a little different in Porto Alegre, the state capital of Rio Grande do Sul. Maxar Technologies Satellite images of the cities of Porto Alegre and Canoas before and after the floods. Maxar Technologies Satellite images of the cities of Porto Alegre and Canoas before and after the floods. “Floods, not with this volume but with considerable volumes of water, have taken place in Porto Alegre in the last few years,” Cortês explains. One volunteer was Fabiano Saldanha, a 48-year-old businessman from Porto Alegre, who used his jet ski to rescue people trapped in their homes.
Persons: Karine Pitana, there’s, , she’s, , Pitana Flores da Silva, Karine Pitana Flores da Silva, She’s, we’re, Pitana, , Renan Mattos, That’s, Luiz Inácio Lula da Silva, Jairo Jorge da Silva, “ We’ve, Pedro Cortês, University of São Paulo, Cortês, Nelson Almeida, ” Cortês, Rio Grande do Sul wasn’t, Fabiano Saldanha, ” Saldanha, Saldanha, Carlos Macedo, , ’ ”, ” Pitana, CNN “, Lula, ” CNN’s Mary Gilbert Organizations: CNN, Bank, Rio Grande do Sul Public Safety, Police, Reuters, , Globo, Environmental, University of São, CNN Brasil, Authorities, AFP, Getty, Research, Porto Alegre, Civil Defense, IMF, World Bank Locations: Canoas, Brazil, Porto Alegre, Rio Grande do Sul, Porto Alegre’s, Suriname, Northern Porto Alegre, Chicago, Dallas,
And sleeping in separate beds isn't something my partner and I talked about. AdvertisementDeciding to sleep in separate beds was easyWhen we met, we weren't as mature or secure about each other and ourselves as we are now. This is when choosing to sleep in separate beds became a naturally comfortable choice. Two separate beds also help us avoid waking each other up when we go to sleep at different times or stir at night. Sleeping in separate beds proved to be a great choiceNot sleeping in the same bed gives us a sense of physical freedom and mental space — something that we value being with each other for almost two decades.
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The Rubyglow pineapple –— bred for its distinctive red exterior and its sweetness — costs $395.99 at Melissa’s Produce, a California-based seller of specialty fruit and veggies. It took Del Monte, a wholesaler which sells a variety of produce but specializes in pineapple, a decade and a half to develop the red-hued fruit. And yet, there’s interest in premium fruit — enough to convince Del Monte to bring the Rubyglow, which is grown in Costa Rica, stateside. Courtesy Fresh Del MonteThe Pinkglow was never supposed to be a grocery list staple, said Melissa Mackay, VP of marketing in North America at Del Monte. Melissa’s started with 50 pineapples, according to Robert Schueller, director of public relations at Melissa’s Produce.
Persons: Del, , Cindy van Rijswick, “ there’s, Cotton Candy, McIntosh, Jim Luby, Patrick T, Fallon, Luby, Lane Turner, Oishii, Hiroki Koga, Jerod Harris, Melissa Mackay, , It’s, Melanie Zanoza Bartelme, pricey, Hailey, Strawberry, it’s, Melissa’s, Robert Schueller, ” Schueller, Bo Corley, ” Corley, Corley Organizations: New, New York CNN, , University of Minnesota, Getty, Rabobank, Citrus, Boston Globe, Vox Media, Del, Mintel, Melissa’s Locations: New York, California, Del Monte, China, United States, America, Costa Rica, AFP, Minnesota, Beverly Hills , California, North America, Erewhon, Angeles, Las Vegas, Southern California
Manchester City are the 2023-24 Premier League champions — the first time in 135 years of top-flight football that a club has won the English league title four seasons in a row. At 15:59, the situation was simple: Arsenal needed to win, and required City to drop points against West Ham. After West Ham pulled one back, and Arsenal levelled at Everton, it was extremely nervy at the Etihad until Rodri made it 3-1. (Catherine Ivill – AMA/Getty Images)Another City goal pierced the atmosphere in the second half, until the late match winner supplied by Kai Havertz. Rodri’s game-sealing curled finish had shades of his winner against Inter in the Champions League final.
Persons: Phil Foden, Foden, West Ham’s Mohammed Kudus, Rodri, Kai Havertz, Mikel Arteta’s, Frank Lampard’s, Robbie Jay Barratt –, West Ham, Sam Lee, Declan Rice, Idrissa, ricochet, Tomiyasu’s, bedlam, Catherine Ivill –, Amy Lawrence, Sean, Dominic Calvert, Lewin, Dyche, Adrian Dennis, Michael Cox, David Moyes ’, Pep, Alphonse Areola’s, Erling Haaland’s, Josko, Kevin De Bruyne, Jeremy Doku, Bernardo Silva, Martin Rickett, Moyes, Ham, Vladimir Coufal’s, Kudus, Ahmed Walid, , Bernardo Silva’s, Christian Eriksen, Liam Tharme, Goliath, Arsenal’s David, you’ve, Naomi Baker, Guardiola, Sam Lee Farewell Thomas Partey, Thomas Partey, Partey, Arteta, Jorginho, Partey’s, James McNicholas, Amy Lawrence Amy Lawrence Organizations: Manchester City, Premier League, , Arsenal, West, City, Aston Villa, Liverpool, Emirates, Everton, Arsenal —, League, Etihad, Football, Manchester City’s, Getty, West Ham United, West Ham, Inter, Champions League, The Emirates Locations: West Ham, West, Kai, City, AFP, Manchester
Why Americans might be getting worried about the job marketIn some ways, Americans' growing pessimism in the job market is perplexing. That's because the job market has become more challenging than it was a couple of years ago, when the Great Resignation was at its peak. So, it's possible that some Americans in certain industries are facing a job market where openings are far from abundant. For example, there's some evidence that the job market for high-wage roles has cooled over the past year. Julia Pollak, the chief economist at ZipRecruiter, told Business Insider earlier this month after April's labor market figures were released by the Bureau of Labor Statistics that it is "no longer a white-hot labor market" or a job "candidate's market in every industry where workers can get whatever they want."
Persons: , they'd, hasn't, What's, Joanne Hsu, Julia Pollak Organizations: Service, York Fed's Survey, Consumer, Business, NY, of Labor Statistics, Bureau of Labor Statistics, New, Fed, LinkedIn, NY Fed, University of, Labor Locations: York
We'll show you how to watch Fury vs. Usyk live streams in over 200 countries. You'll need to pay a pay-per-view (PPV) fee to see Fury vs. Usyk. How to watch Fury vs. Usyk in the US & CanadaDAZN will live stream the Fury vs. Usyk fight across North America. When is Fury vs. Usyk live stream? The Fury vs. Usyk will be held at the Kingdom Arena in Riyadh, Saudi Arabia.
Persons: Tyson Fury, Oleksandr Usyk, Ukrainian Oleksandr Usyk, Jai Opetaia, Joe Cordina, Anthony Cacace, Usyk, Canada DAZN, It's, DAZN, ExpressVPN, Francis Ngannou, Mairis Briedis, Frank Sanchez, Agit Kabayel, Moses Itauma, Ilja Mezencev, Mark Chamberlain, Joshua Wahab, Sergey Kovalev, Robin Sirwan Safar, Daniel Lapin, Octavio Pudivitr, David Nyika, Michael Seitz, Isaac Lowe, Hasibullah Ahmadi Organizations: Business, WBC, WBO, WBA, IBF, titans, Canada Locations: Ukrainian, North America, Canada, Riyadh, Saudi Arabia
"Bridgerton" season three focuses on Colin and Penelope's love story. The latest batch of episodes of the Regency-era show includes several instrumental pop covers. Part one features covers of Taylor Swift's "Snow on the Beach," BTS' "Dynamite," and more. "Bridgerton" is back with more romance, drama, and, of course, classical covers of the biggest pop songs. Season three, which focuses on Colin Bridgerton (Luke Newton) and Penelope Featherington's (Nicola Coughlan) friends-to-lovers relationship, features recognizable tracks revamped to fit into the Regency era.
Persons: Colin, Taylor, , Colin Bridgerton, Luke Newton, Penelope Featherington's, Nicola Coughlan Organizations: Service, Business
The U.S. Securities and Exchange Commission is expected to make a key decision on approving ether exchange-traded funds next week. Edelman, an investor and personal finance author, thinks there needs to be an emphasis on regulations to protect people from crypto scams. We've seen the bitcoin ETFs come to market. We've seen the great things they've done for investors — lowering costs, improving regulation, improving sort of safety, security and peace of mind.," Hougan said. The two ether ETF proposals, submitted by VanEck and ARK Investments/21Shares, are set to be approved or denied this month.
Persons: Ric Edelman, Edelman, CNBC's, Gary, Gensler, Matt Hougan, Bitwise, We've, Hougan, VanEck Organizations: U.S . Securities, Exchange, Digital Assets, Financial Professionals, SEC, ARK Investments
Mark Nestlehutt boarded the Dali cargo ship a week after it crashed into a Baltimore bridge, anxious questions emerged among the 21 crew members:“When will I get off the ship? When will I be able to get home?”More than a month later, crew members still don’t know the answers. But the FBI has only returned some of the crew members’ SIM cards, he said. They’re also assisting with the salvors.”The Singaporean-flagged Dali cargo vessel is shown on March 26, hours after it destroyed Baltimore's Francis Scott Key Bridge. Their one-month visas expired during the nearly two months they’ve been trapped on the Dali, Duan said.
Persons: Mark Nestlehutt, They’ve, Dali, Francis Scott Key, , Gwee Guo Duan, they’ve, Philip C, Schifflin Jr, ” Schifflin, Nestlehutt, , Duan, Dave Heindel, Bro Chen Chuanyi, ” Don Marcus, Darrell Wilson, They’re, Baltimore's Francis Scott Key, Julia Nikhinson, ” Wilson, Wilson, Duan –, can’t, “ They’re, ” Duan, nonessential, Schifflin, Gloria Pazmino Organizations: CNN, Francis Scott Key Bridge, FBI, Singapore Maritime Officers ’ Union, Center, Mariner, Federal Register, Seamen’s Church Institute, Singapore Organisation of Seamen, International Union, , ITF, International Organization of Masters, Synergy Marine, , Marine, Synergy, National Transportation Safety, Walmart Locations: Baltimore, Lankan, United States, Dali
Follow live coverage of the final round of the 2024 PGA Championship todayLOUISVILLE, Ky. — Justin Thomas predicted it so perfectly. Six of the biggest names in golf are within two shots of the lead on Sunday at the year’s second major championship. It served as a reminder — just as his hot start at the Masters did — of the truth about DeChambeau: Golf hated DeChambeau. That combined with a PGA Championship win to add to his 2013 U.S. Open win at Merion takes Rose from solid career to one of the best European golfers of the century. It coming at a PGA Championship (often viewed as the lowest of the four majors) wouldn’t help.
Persons: — Justin Thomas, Rory McIlroy, Phil Mickelson’s, Rickie Fowler’s, There’s, ” Thomas, Xander Schauffele, Bryson DeChambeau, Shane Lowry, Ryder, it’s, Scottie Scheffler, Collin Morikawa, Morikawa, hasn’t, Scheffler, Schauffele, Xander, He’s, he’s, Sahith Theegala, DeChambeau, It’s, , ake, ike, hick, lew, Å berg, eason, ron, H, aturday,, ory, cIlroy Organizations: Valhalla, birdies, Bryson DeChambeau EAGLES, ust Locations: LOUISVILLE, Ky, Valhalla, , Louisville, COVID, iewed, ife
A few years later she turned it into a business called UAE Trekkers, running weekend hikes while she continued teach English in the week. A lot of people don’t realize that there’s so much nature here – they’re blown away.”Amy Subaey, founder of UAE Trekkers. From this, UAE Trekkers developed a “student- centered” approach that caters to new hikers, from the classroom to the trails. UAE Trekkers’ hikes include a sunset trek across the Liwa desert in Abu Dhabi, a location used in “Dune Part Two.” UAETrekkers FZ LLCPlanning aheadBut even hikes aimed at beginners can require extensive planning. UAE Trekkers’ certified guides provide hikers with coaching on how to prepare for treks, what to bring and how to make the most of the experience.
Persons: Amy Subaey, , ” Subaey, ” Amy Subaey, Subaey, I’m, “ There’s, Organizations: CNN, United Arab Emirates, UAE, Warner Bros, , Subaey Locations: Minnesota, Bahrain, Egypt, Dubai, UAE, Dubai Subaey, Hatta, Sharjah, Fujairah, Oman, Abu Dhabi, Lima
But one of the best places to experience an authentic Khon performance is Bangkok’s Sala Chalermkrung Royal Theatre. Among the performers tasked with playing that role at Sala Chalermkrung is 34-year-old Thanet Pakwisath, who has been practicing Khon for more than 20 years. “And I believe that other performers here at Sala Chalermkrung would have the same belief.”But like many of his colleagues, he fears for its fate. I want everyone to help – both Thai people and foreigners.”Sala Chalermkrung: A living museumBangkok’s Sala Chalermkrung Royal Theater has its own fascinating back story. But from the late 1970s, visitors to Sala Chalermkrung began to decline.
Persons: Ling ”, Khon, Sala, Apassara, khon, Karla Cripps, Hanuman, , , “ Khon, Hanuman Thanet, Sala Charlermkrung, Mark Phillips, ” Sala, King Prajadhipok, Sala Chalermkrung Organizations: CNN, Bangkok CNN, Suvarnabhumi International, Heritage, Chalermkrung, Khon, Royal, Sala Chalermkrung, Sala Locations: Bangkok, Thailand, Khon, Thai, Sala, , Sala Chalermkrung, Thanet, , Charoenkrung, Phra Nakhon District
CNN —The body of a 23-year-old hiker who went missing in storms Sunday has been found at Rocky Mountain National Park, officials said in a media release. Lucas Macaj’s body was recovered on Mills Glacier, near the base of Lamb’s Slide, and initial investigations show that he took a significant fall, park officials said on Thursday. Macaj’s vehicle was found Monday at the trailhead leading to Longs Peak. Search operations on Tuesday were slowed by strong winds, white out conditions and low visibility, park officials said. Macaj’s body was flown to a landing zone in Rocky Mountain National Park before being taken to the Boulder County Coroner’s Office, which will release the cause of death, the park service said.
Persons: Lucas Macaj’s, Macaj, Natalie Dodgen, KUSA Organizations: CNN, Rocky, Airport, Marine Corps, U.S . Space Force, KUSA, Coroner’s Office Locations: Granby, Grand, U.S, Colorado Springs, Boulder
Read previewChevrolet is just getting started on its takeover of the electric car market, says Steve Majoros, the brand's chief marketing officer. It's not exactly a great time to put more electric vehicles on sale. But the tides finally are turning in Chevrolet's favor, Majoros said, as EV shoppers gravitate to more practical options and legacy brands. Recent studies on a new cohort of electric car shoppers show that they are more inclined to consider purchasing an electric car from a legacy brand. After years of a virtual monopoly on the EV market, shoppers are growing tired of Tesla and looking for fresher options.
Persons: , Steve Majoros, Majoros, musing, Elon Musk, Elon Musk's Tesla, Tesla, We've Organizations: Service, longtime, Business, Silverado, Tesla, Chevrolet, Elon, EV, Detroit, GM Locations: Chevrolet's
The high schooler from Lexington, Kentucky, developed a new technique to improve organic electronic devices. The technology could someday make medical implants significantly more compatible with human bodies and far less invasive. Long days in a university labGrace Sun holds an OECT device that helped her win the ISEF science fair. It took long hours, and much of it needed to be done in a lab at the University of Kentucky. AdvertisementSun engineered a new technique to improve the devices' performance and take them closer to commercial use.
Persons: , Sun, hasn't, she's, Grace, haven't, They're, they're, Christopher Gould, George D, Ian Jandrell, it's, ISEF, Jandrell, Grace Sun, Chris Ayers, Society for Science Sun, OECTs Organizations: Service, Business, Regeneron, Science, Engineering, Society for Science, Research, Nature, University of Kentucky, Sun Locations: Lexington , Kentucky, Los Angeles
That's why its sales are so popular—and right now, you can find some incredible savings from the store's ongoing Anniversary Sale. Whether you need a dependable camp chair, a lightweight daypack, or a new sleeping pad, REI's Anniversary Sale deals have you covered. Though you don't have to be one to save big during REI's sale, REI members can save even more during this sale. REI Anniversary Sale Quicklinks Flash Deals : Get up to 50% off select items through May 20.: Get up to 50% off select items through May 20. Shop at REIFor even more great deals, check out the rest of REI's Anniversary Sale here.
Persons: Coleman, REI, REI REI, REI Nemo Organizations: Business Locations: Patagonia, Ruffwear
Right now, securitized products in general look relatively cheap, said John Kerschner, head of U.S. securitized products and portfolio manager at Janus Henderson Investors. To meet this need, Janus launched its Securitized Income ETF (JSI) in November, which invests across the securitized space. JSI YTD mountain Janus Henderson Securitized Income ETF Collateralized loan obligations Another fund Kerschner manages is the Janus Henderson AAA CLO ETF . One way investors can get broad exposure to CMBS via BlackRock's iShares CMBS ETF . CMBS YTD mountain iShares CMBS ETF year to date However, Janus' Kerschner pointed out that all office work isn't going away.
Persons: Nick Travaglino, Nuveen, Travaglino, John Kerschner, Janus Henderson, Janus, Kerschner, Rick Rieder, I've, Rieder, CLOs, it's, isn't, Fannie Mae, Freddie Mac, Kershner, We're Organizations: Investors, Fund, Janus Henderson Investors, SEC, Janus Henderson AAA CLO, Bank of America, AAA CLOs, BlackRock AAA CLO Locations: CLOs, BlackRock, Moody's, CMBS, multifamily
On a recent work trip to New York City, I had dinner with my boss. It was a far cry from what work dinners used to look like when I traveled. My first business trip was a sales conference in San Diego in 2009. For the next 10 years or so, every time I took a business trip, I reveled in all of the late-night activities. Swapping business dinners for lunches still means I get dedicated face time with people, but it also means that I can enjoy a break from parenthood while I'm away.
Persons: I've, that's, I'm, hasn't, It's Organizations: Service Locations: New York City, San Diego, It's
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Thousands of ad operations professionals log in daily to several different adtech platforms, setting campaigns live, tinkering with budgets and targeting, and producing reports. AdvertisementThe no-code platform allows users to use natural-language prompts to configure different "autopilots" across the various platforms they use. An ad-operations professional at a streaming company might use PilotDesk to automate tasks related to managing orders, campaign tracking, and post-campaign reporting. Check out the key slides from the pitch deck that helped PilotDesk secure $3 million in seed funding.
Persons: , PilotDesk, Joe Hirsch, Hirsch, Phil Herget, Herget Organizations: Service, Business, Google, Labor, Ardent Venture Partners, Roster Capital, Ardent
"I'll try to time it so I can feed her, put her down in the play desk area, and do some work that doesn't involve calls." The work and play desk is a sort of cubicle designed for parents and children. AdvertisementMaegan Moore uses the play desk at Worplayce Courtesy of Maegan MooreMoore doesn't use the desk for long stretches of time — about an hour or two is her current limit. That setup more accurately matches the lives of many modern working parents, Crystal said. Decoupling work and kids from these arbitrary 9-to-5 work days or 9-to-3 day care days is the first step to making a life that works for you," she said.
Persons: , Maegan Moore, Eleanor, it's, Moore, Maegan Moore Moore, That's, Bethany Crystal, Crystal, she's, I've Organizations: Service, mothering, Business, Montessori Locations: New York, Virginia, Sydney, Manhattan
Keep reading to learn how to stream Love Undercover. Where to watch Love Undercover in the USLove Undercover airs on Peacock in the US. Shop at ExpressVPNHow to watch Love Undercover with a VPNSign up for a VPN if you don't have one. Install it on the device you're using to watch Love Undercover. Love Undercover trailerPeacock released a trailer for Love Undercover in April.
Persons: Peacock, Jamie O'Hara, Marco Fabián, Sebastián Fassi, Ryan Babel, Lloyd Jones —, they've, we've, ExpressVPN Organizations: Business, Bravo Locations: Los Angeles
CNN —Donald Trump’s former fixer Michael Cohen goes back on the stand Thursday braced for another bruising day of cross-examination that is shaping up as the most crucial chapter in the first criminal trial of a former president. A suddenly compressed political calendarEvery criminal trial is a grave process since a defendant’s reputation and even liberty is on the line. The Supreme Court is expected to deliver its decision on Trump’s sweeping claims of immunity from prosecution. That would almost certainly delay Trump’s trial in his federal election interference case until after the election, meaning he wouldn’t be brought to account for the worst attack on democracy in modern times before a subsequent election. In that case, the hush money trial may be the only one held before the election.
Persons: Donald Trump’s, Michael Cohen, Cohen, Trump, Trump’s, , Todd Blanche, CNN’s Paula Reid, Blanche –, Blanche, Reid, , he’d, It’s, there’d, Joe Biden, Biden, they’d, he’s, Mike Johnson Organizations: CNN, Trump, , ABC, GOP, Republican Locations: New York, Manhattan, Georgia, Florida
U.S. questions China's no-first-use nuclear call given buildup
  + stars: | 2024-05-16 | by ( ) www.cnbc.com   time to read: +3 min
Referring also to Russia, Jenkins said China's nuclear buildup "raises the specter that United States may soon face two expansionary and significantly nuclear-armed peers." "Beijing's development of a larger, more diverse nuclear arsenal is deeply concerning, and raises questions about the trajectory of the PRC nuclear weapons program," she said. Jenkins was asked about China's call in February for states with the largest nuclear arsenals to negotiate a treaty on no-first-use of nuclear weapons against each other or to make a political statement in this regard. She said it was the first time the U.S. had heard such a proposal from China, underscoring the need for nuclear talks. "Our questions are, quite frankly, how does an idea for no-first-use really fit within their ongoing process of building up nuclear weapons?
Persons: Bonnie Jenkins, Jenkins, specter, hadn't Organizations: Senate Foreign Relations Locations: China, Washington, U.S, People's Republic of China, Russia, States
Warren Buffett's purchase of a 6.4% stake in Chubb makes perfect sense as the insurer checks all the boxes of the Oracle of Omaha's investment criteria, according to Deutsche Bank. "We believe that Chubb is an ideal fit for Warren Buffett's investment philosophy, characterized by high-quality business with strong [returns on equity], a robust economic moat, a proven track record of compounding returns, and a distinguished management team," Deutsche Bank analyst Cave Montazeri wrote in a note to clients. Buffett's Berkshire Hathaway unveiled a $6.7 billion stake in Zurich-based Chubb in a new regulatory filing, ending months of speculation over the identity of the secret stock pick. Deutsche Bank said Chubb has a disciplined approach to underwriting and capital allocation and, in the near term, should benefit from earned pricing above loss costs, strong investment income and growth in its international operations. CB ALL mountain Chubb Deutsche Bank has a buy rating on Chubb and a 12-month price target of $278, implying a 10% gain from Wednesday's close of $252.97.
Persons: Warren Buffett's, Chubb, Warren, Cave Montazeri, Berkshire Hathaway, Montazeri, — CNBC's Michael Bloom Organizations: Oracle, Deutsche Bank, Berkshire, Securities and Exchange Commission, Chubb Deutsche Bank, ISI, Alleghany Corp Locations: Zurich, U.S, Omaha, Berkshire
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