DIRS.INFO The most relevant business & tech news

☆ World leaders react to Biden’s exit from the 2024 US presidential race
▼ + stars: | 2024-07-22 | by ( Lex Harvey | ) edition.cnn.com time to read: +5 min

Prime Minister of Canada Justin Trudeau arrives for a meeting at the 2024 North Atlantic Treaty Organization (NATO) Summit in Washington, DC on July 11, 2024. “Many strong decisions have been made in recent years and they will be remembered as bold steps taken by President Biden in response to challenging times,” Zelensky said on X. “We will always be thankful for President Biden’s leadership.”President of Ukraine Volodymyr Zelensky during a press conference on July 15, 2024 in Kyiv, Ukraine. But he has increasingly clashed with Israeli Prime Minister Benjamin Netanyahu over humanitarian aid and the mounting civilian death toll of the conflict. Israeli President Isaac Herzog speaks to the media following a meeting with US President Joe Biden at the White House on July 18, 2023.

Persons: Joe Biden, Kamala Harris, Donald Trump, Biden, Canada Justin Trudeau, Kent Nishimura, Keir Starmer, ” Starmer, Justin Trudeau, ”, He’s, Anthony Albanese, “, Volodymyr Zelensky, ” Zelensky, Biden’s, Ukraine Volodymyr Zelensky, Vitalii, Isaac Herzog, Yoav Gallant, X, Benjamin Netanyahu, Netanyahu, Simon Harris, Kevin Dietsch, Nicolas Maduro, Donald Tusk, ” Tusk, Xi Jinping, “ Biden, China’s, Trump Organizations: CNN, US, Democratic, Republican, Atlantic Treaty Organization, NATO, Getty, British, Canadian, Australian, Russia, Israeli, White, Trump Locations: Canada, Atlantic, Washington , DC, Washington, United States of America, Ukraine, Kyiv, Israel, Gaza, Irish, Venezuelan, Polish, Poland, America, Weibo

☆ Read Biden’s Letter Withdrawing From the Race
▼ + stars: | 2024-07-21 | by ( ) www.nytimes.com time to read: +2 min

Today, America has the strongest economy in the world. Together, we overcame a once in a century pandemic and the worst economic crisis since the Great Depression. For now, let me express my deepest gratitude to all those who have worked so hard to see me reelected. And let me express my heartfelt appreciation to the American people for the faith and trust you have placed in me. I believe today what I always have: that there is nothing America can't do - when we do it together.

Persons: JOSEPH R, BIDEN, We've, Kamala Harris, Bular Organizations: JR, Supreme Locations: America, American, United States of America

☆ Read Biden's message to the nation as he quit the 2024 race
▼ + stars: | 2024-07-21 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Read a copy of the historic letter below:My Fellow Americans,Over the past three and a half years, we have made great progress as a Nation. We've made historic investments in rebuilding our Nation, in lowering prescription drug costs for seniors, and in expanding affordable health care to a record number of Americans. For now, let me express my deepest gratittude to all those who have worked so hard to see me reelected. And let me express my heartfelt appreciation to the American people for th efaith and trust you have placed in me. I believe today what I always have: that there is nothing American can't do – when we do it together.

Persons: We've, Kamala Harris, Joe Biden Organizations: Supreme Locations: America, American, United States of America

☆ Rep. Sheila Jackson Lee, a long-serving Democrat from Texas, has died at age 74
▼ + stars: | 2024-07-20 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRep. Sheila Jackson Lee, a long-serving Democratic congresswoman from Texas, died at the age of 74, her family announced Friday. This story is available exclusively to Business Insider subscribers. AdvertisementIn a statement last month, Lee announced in a post on social media that she had been fighting a pancreatic cancer diagnosis. Representatives for Lee's office did not immediately respond to a request for comment from Business Insider.

Persons: —, Sheila Jackson Lee, Lee, Bebe, Jamie Raskin, New York Sen, Chuck Schumer, Schumer Organizations: Service, Democratic, Business, New Locations: Texas, United States of America, America, New York

☆ Election Live Updates: Republicans Leave Convention Unified Around Trump
▼ + stars: | 2024-07-19 | by ( Jim Rutenberg | Adam Nagourney | ) www.nytimes.com time to read: +74 min

And there was great, great sorrow. They’re going to be OK. They’re going to be doing very well. Now he’s going to get on the plane in a little while and he’s going to go back home to his wife. Great, great student at Yale. So many — just so many heroes, so many great, great people.

Persons: Dana, Bob, ”, Lee, you’ll, it’s, didn’t, Nobody, “, I’m, Corey Comperatore, David Dutch, James Copenhaver, We’re, Corey, Helen ., David, James, Dan Newlin, Dan, Trump, —, Aileen Cannon, I’ve, Don, Kimberly, Ivanka, Jared, Eric, Lara, Tiffany, Michael, Barron, he’s, “ Dana won’t, That’s Lee Greenwood, … Eric, Crazy Nancy Pelosi, They’ve, Jason, Jason Aldean, Vance, Usha, He’s, He’ll, MAGA, ” MAGA, I’ll, you’re, nobody’s, We’ve, Somebody’s, they’re, It’s, can’t, We’ll, don’t, “ I’m, we’ll, Biden, They’re, that’s, you’ve, I’d, gee, You’d, That’s what’s, Donald Trump, That’s, There’s, Tom Homan, Brandon Judd, They’ll, Obama, They’d, “ You’ve, we’re, we’ve, Hannibal Lecter, Dwight D, Eisenhower, Jocelyn Nungaray, Rachel Morin, Rachel, Laken Riley, horrifically, Viktor Orban, what’s, Bush, it’ll, Kim Jung Un, Sam Brown, Sam, You’ve, Abdul, Don’t, You’re, Ronald Reagan, America’s, Franklin Graham, Franklin, Billy Graham, he’d, soldiered Organizations: of Pennsylvania, Secret Service, Service, Democrat, Republican Party, Republican, Democrats, America, Yale, ISIS, Space Force, Energy, Apple, Trump, Republican Senate, White, Republicans, United Auto Workers, Social Security, Border Patrol, ICE, ”, Lambs, University of Georgia, “, U.S, Senate, Washington, D.C, Yankee, Win Locations: America, United States, Butler Township, of, Pennsylvania, Florida, Ohio, Milwaukee, Wisconsin, Asia, Europe, Taiwan, Korea, Philippines, China, Russia, Ukraine, Israel, Iran, Germany, Mexico, Nevada, United States of America, There’s, South America, Africa, Middle East, Venezuela, Caracas, El Salvador, Houston, Los Angeles, Maryland, Hungary, “ Russia, Georgia, Crimea, Syria, Iraq, North Korea, Afghanistan, Bagram, Cuba, Miami, U.S.A, Wisconsin , Wisconsin, Washington, Japan, Delaware, Valley Forge, Yorktown, Gettysburg, Midway

☆ Fact-checking night 4 of the Republican National Convention
▼ + stars: | 2024-07-18 | by ( Cnn Staff | ) edition.cnn.com time to read: +8 min

CNN —The final night of the Republican National Convention has kicked off in Milwaukee. Pompeo’s claim about the southern border under TrumpFormer Secretary of State Mike Pompeo claimed at the Republican National Convention Thursday that the US-Mexico border was “closed” during Donald Trump’s presidency. Facts First: This characterization of Trump’s tariffs is misleading. It’s true that Trump’s tariffs on China raised billions of dollars for the US government, but the duties were paid by US companies – not China. For example, Trump’s tariffs were imposed, in part, to boost the US manufacturing sector – but that industry lost jobs.

Persons: Donald Trump, Mike Pompeo, Donald Trump’s, Trump, Joe Biden, Devan Cole Trump, “, Daniel Dale Pompeo’s, “ We’d, ” Pompeo, Glen VanHerck, CNN’s Haley Britsky Linda McMahon’s, Linda McMahon, Erica York, Katie Lobosco, Ronald Reagan’s, Jimmy Carter, Carter, Affairs didn’t, Joe Biden ”, Daniel Dale Organizations: CNN, Republican National Convention, Trump Former, Republican, Convention, Trump, Biden, Republicans, Democrats, Electoral, Infrastructure Security Agency, Department of Homeland Security, Northern Command, North American Aerospace Defense Command, Small, US International Trade Commission, Tax Foundation, Federal Reserve, Foreign Affairs, Affairs Locations: Milwaukee, Mexico, Afghanistan, United States of America, China, America, United States

☆ Live Election Updates: Trump to Close G.O.P. Convention in Full Control of His Party
▼ + stars: | 2024-07-18 | by ( Jim Rutenberg | ) www.nytimes.com time to read: +22 min

For the last eight years, President Trump has given everything he has to fight for the people of our country. And then President Trump flew to Milwaukee and got back to work. A leader who rejects Joe Biden and Kamala Harris’s Green New Scam and fights to bring back our great American factories. President Trump represents America’s last best hope to restore what — if lost — may never be found again. And every single day for the next four years, when I walk into that White House to help President Trump, I will be doing it for you.

Persons: Vance, Trump, Donald Trump, Corey Comperatore, Don, Eric squirmed, I’ve, Joe Biden, Joe, ”, Donald J, Biden, Mamaw, “, We’ve, who’s, Kamala Harris’s, —, I’m, Usha, Ewan who’s, Vivek who’s, America’s, It’ll, Trump’s, Mamaw couldn’t, That’s, Kamala Harris, he’s, Joe Biden’s, ” We’re, “ Honey, it’s, that’s Organizations: Michigan, America, United States Senate, Republican Party of, NAFTA, China, United States Marines, Fi, The Ohio State University, I’m, Ohio State, Yale Law School, Trump, Mirabel, Social Security, Iraq, Washington, Workers, Chinese Communist Party, ISIS, United, Republican Party Locations: Milwaukee, Ohio, America, Pennsylvania, United States of America, Middletown , Ohio, Washington, Mexico, Iraq, Michigan, New York City, American, Afghanistan, Wisconsin, China, U.S.A, Eastern Kentucky, Appalachia, Ohio , Pennsylvania, that’s Kentucky, United States, Kentucky, Michigan , Wisconsin , Pennsylvania

☆ Live Election Updates: Trump to Close Convention in Full Control of His Party
▼ + stars: | 2024-07-18 | by ( Jim Rutenberg | ) www.nytimes.com time to read: +22 min

☆ Meet the woman who helped boost JD Vance from Ohio obscurity to 'Hillbilly Elegy' superstardom
▼ + stars: | 2024-07-16 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +7 min

Read previewSen. JD Vance of Ohio has come a long way since graduating from Yale Law School in 2013. AdvertisementThe Marine veteran enrolled at Yale Law School in 2010 after graduating from Ohio State University. In his 2016 memoir "Hillbilly Elegy," Vance likened his year at the Ivy League institution to attending a kind of "nerd Hollywood." Vance's bestselling memoir "Hillbilly Elegy" wouldn't have existed without Chua's helpJD Vance released his memoir "Hillbilly Elegy" in 2016. In the "Acknowledgments" section of "Hillbilly Elegy," Vance thanked both Bennett and Chua for their support.

Persons: —, Sen, JD Vance, Donald Trump, JD, Trump, Vance, Peter Thiel, Thiel, Amy Chua, Chua, Chua's, Amy Chua's, Bill Tompkins, Tina Bennett, Bennett, Tina, Tom Brokaw, Chua JD Vance, Usha Chilukuri, Anna Moneymaker, he'd, Usha, Chilukuri, America's Hitler, I'm, Trump's, J.D, @JDVance1, Brett Kavanaugh, Edward Luce Organizations: Service, Yale Law School, America, Business, Ohio State University, Ivy League, Yale, Harvard, Duke Law School, Getty, Trump, Supreme, Financial Times Locations: Ohio, United States of America

☆ Live Election Updates: G.O.P. Convention to Open as F.B.I. Hunts for Would-Be Assassin’s Motive
▼ + stars: | 2024-07-15 | by ( Jonathan Weisman | ) www.nytimes.com time to read: +9 min

There is no place in America for this kind of violence — for any violence ever, period. “I’m sincerely grateful that he’s doing well and recovering,” Mr. Biden said. And the White House said that Mr. Biden would keep his campaign events in Las Vegas. Mr. Biden will speak at an NAACP conference on Tuesday and a UnidosUS conference on Wednesday, even as Mr. Trump and his party hold the Republican convention in Milwaukee. In both sets of remarks on Sunday, Mr. Biden made a plea that — if recent history is any guide — seemed unlikely to be heeded by activists on either side of the nation’s increasingly bitter divide.

Persons: Biden’s, Donald J, Trump, Let’s, Biden, ”, “, —, Rutherford B, Hayes, Lester Holt, Trump’s, “ I’m, he’s, ” Mr, “ Jill, That’s, Kamala Harris, General Merrick B, Garland, Mr, Lyndon Baines Johnson, Harris, Holt, Nicholas Nehamas Organizations: Republican National Convention, Resolute, Republicans, Trump, Democratic, NBC, Democratic National Committee, Mr, Service, Republican, White, NAACP Locations: American, America, United States of America, Milwaukee, Butler County, Pa, Austin , Texas, Palm Beach County, Fla, Austin, Las Vegas

☆ While Biden fumbles at the podium, Kamala Harris is doing her best at playing presidential
▼ + stars: | 2024-07-12 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

During the event, he fumbled — with gaffes like calling Vice President Kamala Harris "Vice President Trump," and mistakenly addressing Ukrainian President Volodymyr Zelenskyy as "President Putin." Rep. Jared Huffman of California reposted Harris' North Carolina campaign speech on X on Thursday, writing: "VP Harris is on fire. AdvertisementHe added: "Let me be very clear: if/when President Biden passes the torch, I'm all-in for Kamala Harris!" "I got him out the race, and that means we have Kamala," Trump said in the clip. AdvertisementIn anticipation of a switch of candidates, Trump is already trialing some nasty nicknames for Harris, including "Laffin' Kamala Harris" and "Cackling Copilot Kamala Harris."

Persons: —, Joe Biden, Biden, Kamala Harris, Trump, Volodymyr Zelenskyy, Putin, Harris, Biden's, Jared Huffman, She's, Brian Stelter, Al Sharpton, Donald Trump, It's, Kamala, Laffin, Gavin Newsom, Gretchen Whitmer, Sen, Amy Klobuchar, Newsom, Whitmer Organizations: Service, CNN, Democratic, Business, Trump, America, Biden, White, The New York Times, Times, ABC News, Washington Post, Democratic Party, Gov, Democrats, Business Insider Locations: North Carolina, United States, America, California, Harris, Michigan, Minnesota

☆ Analysis: Democrats keep piling on as Biden stands firm
▼ + stars: | 2024-07-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

And I think I’m the best qualified to win,” Biden told reporters at the NATO summit. CNN reported Thursday evening that Pelosi and former President Barack Obama have spoken privately about Biden and the future of his campaign. Another deeply painful ordealNo president has undergone a trial by news conference like the one Biden endured. And shortly afterwards, when a reporter asked Biden to weigh in on the qualities of his vice president, he referred to “Vice President Trump” instead of Kamala Harris. Tennessee Rep. Steve Cohen told CNN’s Anderson Cooper that Democrats need to stop their “fantasy games” and unite to beat Trump.

Persons: Joe Biden’s, Biden, Donald Trump, “, ” Biden, —, Jim Himes —, Nancy Pelosi, Biden’s, Pelosi, Barack Obama, poignantly, Trump —, George H.W, Bush —, Trump, Volodymyr Zelensky, Vladimir Putin, Nikki Haley, Trump ”, Kamala Harris, pollsters, CNN’s Edward, Issac Dovere, Jeff Zeleny, Obama, ”, MAGA, CNN’s MJ Lee, Himes, CNN’s Kaitlan Collins, you’re, Steve Cohen, CNN’s Anderson Cooper, I’m Organizations: CNN, NATO, Trump, Democratic, South Carolina Gov, White, House Intelligence, Connecticut Democrat, Tennessee Locations: West, Russian, Atlanta, Washington, Connecticut, United States of America

☆ National Portrait Gallery acquires Dolley Madison daguerreotype — the earliest known photograph of a US First Lady
▼ + stars: | 2024-07-09 | by ( Torey Akers | ) edition.cnn.com time to read: +3 min

CNN —The Smithsonian’s National Portrait Gallery (NPG) in Washington, DC, has acquired the earliest known photograph of a US First Lady. The quarter-plate daguerreotype of former First Lady Dolley Madison, wife of fourth US president James Madison, dates from around 1846. The Dolley Madison daguerreotype, made by artist and entrepreneur John Plumbe Jr., shows the trailblazing First Lady when she was in her late seventies. In addition to his portrait of Madison, he created the earliest extant image of the US Capitol. Courtesy Sotheby'sThe NPG bought the Madison photograph for $456,000 at a Sotheby’s auction of books, manuscripts and Americana on June 28, more than six times the lot’s high estimate of $70,000.

Persons: Dolley Madison, James Madison, John Quincy Adams, Philip Haas, Madison daguerreotype, John Plumbe Jr, Madison, Lonnie G, Joseph L, Emily K, ” Bunch, Dolley Payne Todd Madison, Lady, soirees, Zachary Taylor, ”, Louis Daguerre Organizations: The Art, CNN, Capitol, Plumbe, Madison, Smithsonian, Gidwitz, Foundation Endowment, US Locations: Washington ,, America, United States, Philadelphia, Washington, Madison

☆ Biden needs to show he's 'with it' at 'extraordinarily important' NATO summit, former diplomat says
▼ + stars: | 2024-07-09 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

watch nowThe stakes are high for the NATO alliance as the organization's 75th anniversary summit gets underway in Washington this week. "I think this NATO summit in Washington is an important moment for Joe Biden, he really has to show that he is with it, he's ready to continue to lead not only the United States of America but the NATO alliance," she told CNBC's Dan Murphy. Asked if the summit could be make-or-break for the transatlantic alliance, Gottemoeller replied: "I think it is an extraordinarily important summit for the NATO alliance; I wouldn't say it is a make-or-break. US President Joe Biden participates in the US-Nordic Leaders' Summit at the presidential palace in Helsinki, Finland, on July 13, 2023. US President Joe Biden travelled to Britain on July 9, 2023, to a NATO summit in Lithuania and will end the trip to Europe on July 13, 2023 in Finland.

Persons: Joe Biden, Donald Trump, Rose Gottemoeller, CNBC's Dan Murphy, Gottemoeller, Andrew Caballero, Reynolds, Trump, Vladimir Putin, Defence Lloyd J, Austin III, Rustem Umerov, Jens Stoltenberg, Charles Q, Brown Jr, Omar Havana Organizations: NATO, CNBC's, Nordic, AFP, Getty, Trump, Kyiv, Defence, Ukrainian Defence, United, Joint Chiefs Locations: Washington, U.S, United States, America, Helsinki, Finland, Britain, Lithuania, Europe, Ukraine, Russia, Brussels, Belgium

☆ Analysis: Biden’s ABC interview does nothing to quell the existential crisis around his campaign
▼ + stars: | 2024-07-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Washington CNN —President Joe Biden’s struggle to prove he’s got the strength and cognitive capacity for a second term is becoming an excruciating personal and national ordeal. While his interview performance was far stronger than the president’s often incoherent showing at the CNN debate in Atlanta, that’s not saying much. He appeared more composed and fluent than at the CNN debate. But Democratic Rep. Brad Sherman of California told CNN that the president needed to do a prolonged and live television interview unlike the recorded one on ABC. But increasingly, it seems as though the fear of a Trump term may be overwhelming satisfaction with Biden’s achievements.

Persons: Joe Biden’s, he’s, Biden, –, that’s, Friday, Virginia Sen, Mark Warner, Hakeem Jeffries, I’m, ” Biden, “, Almighty, ‘ Joe, ’ I’d, Almighty’s, Donald Trump, he’d, ”, ’, Trump’s, Trump, Biden’s, George Stephanopoulos, Brad Sherman, George Washington’s, Seth Moulton, Mike Quigley, ” “, ” Quigley, Maura Healey Organizations: Washington CNN, CNN, Democratic, Democrats, ABC News, Trump, NATO, ABC, ”, Boston, Illinois, MSNBC, United, Affordable Locations: Atlanta, Wisconsin, Washington, California, ” Massachusetts, United States, Massachusetts, America

☆ Biden facing intense scrutiny as campaign ramps up unscripted events
▼ + stars: | 2024-07-04 | by ( Betsy Klein | ) edition.cnn.com time to read: +5 min

In a radio interview taped Wednesday that aired Thursday, Biden made some verbal missteps. Reached for comment Thursday night, a Biden campaign spokesperson slammed the “absurdity” of criticism of the president’s missteps. “It was clear what President Biden meant when he was talking about his historic record including a record number of appointments to the federal bench. This is not news and the media has passed the point of absurdity here,” Biden campaign spokesman Ammar Moussa said. I don’t debate as well as I used to,” Biden said last Friday at a Raleigh, North Carolina, campaign rally.

Persons: Joe Biden’s, Biden, George Stephanopoulos, “, —, ”, Andrea, Sanders, ” Biden, Ammar Moussa said, bungle, Donald Trump, didn’t, you’re, CNN’s Phil Mattingly, Samantha Waldenberg, Arlette Saenz Organizations: CNN, Democratic, ABC News, NATO, Biden, Air Force Locations: Philadelphia, Wisconsin, France, United States of America, ’, Raleigh , North Carolina

☆ Opinion: Dear Joe, it’s time to go
▼ + stars: | 2024-06-28 | by ( Opinion Jay Parini | ) edition.cnn.com time to read: +6 min

CNN —Dear Joe,I write to you urgently, as your old neighbor from Scranton. You, Joe, pushed through the Safer Communities Act, which included the most significant gun control measures in nearly thirty years. But you’re an old man now, like me. You’re a man of huge integrity, Joe, and you must — you MUST — stand down. Be the great man you are, Joe, the one we’ve seen in action and admired for many decades.

Persons: Jay Parini, “ Borges, ”, Jorge Luis Borges, CNN —, Joe, I’ve, Oliver Parini, Mike Pence, you’ve, Donald Trump, Donald, Trump, Vladimir Putin, Benjamin Netanyahu, Chuck Schumer, Hakeem Jeffries, Nancy Pelosi, Ruth Bader Ginsburg’s, Barack Obama, Don’t, Joe Bader Biden, You’ve, Gretchen Whitmer, Gavin Newsom, Pritzker, Jay Organizations: Middlebury College, CNN, Capitol, White, NATO, Supreme, Michigan Gov, Illinois Gov, Trump, Twitter, Facebook Locations: Scotland, Argentine, Scranton, freefall, Ukraine, Atlanta, You’re, China, Trump, California, Illinois, United States of America

And what everyone sort of expected to happen seems to be roughly what’s happening, which is that the populist right has consolidated a lot of support. So that’s sort of three-dimensional chess of one sort. That gets at the definition of populism, right? michelle cottleYeah, so but that kind of then lends itself to a backlash when you feel like things aren’t going right. carlos lozadaWell, I mean —ross douthatI think that’s all sincere.

Persons: lydia polgreen Ross, carlos lozada, lydia polgreen, michelle cottle, carlos lozada That’s, lydia polgreen That’s, Lydia Polgreen, michelle cottle I’m Michelle Cottle, ross douthat I’m Ross Douthat, carlos lozada I’m Carlos Lozada, We’ve, Ross, michelle cottle Woo, — ross douthat, lydia polgreen —, I’m, ross, — michelle cottle, ross douthat —, ross douthat, Emmanuel Macron, Macron, Silvio Berlusconi, Giorgia, Meloni, Brexit, It’s, populists, ”, Lozada, it’s, don’t, we’ll, that’s, we’ve, JD Vance, He’s, — carlos lozada, polgreen, Trumpist, who’s, Vance, we’re, Trump, — michelle cottle Woo, carlos lozada —, —, decries, — ross, won’t, carlos lozada Well, carlos lozada Don’t, Don’t, it’s — michelle cottle, I’ve, Trumpism, Donald Trump, michelle cottle Huey Long, Carlos, William Jennings Bryan, Michelle, Huey Long, George Wallace, Ross Perot, Pat Buchanan, Bernie Sanders, you’ve, Charles Coughlin, Richard Nixon, Ronald Reagan, Biden, unquote, nobody’s, he’s, JD Vance don’t, Robert Penn, Warren, Long, lydia polgreen Wow, ross douthat — Carlos Lozada, George Packer, lydia polgreen Go, carlos lozada Oh, that’s — carlos lozada —, lydia polgreen We’ll, carlos lozada It’s, lydia polgreen It’s Organizations: “ New York, Trump, Tories, National Health Service, Republican, Social Security, Republican Party, Chamber of Commerce, “ Times, Aspen Ideas, Nebraska Democrat, Tea Party, Occupy, Belt, Star Locations: “, Europe, France, United States, Italy, United Kingdom, South, British, Ohio, Middletown , Ohio, America, Sun Valley, Middletown, Louisiana, Alabama, China, Connecticut, Belt America, Florida , Texas, California, American, Texas, Mexico, Arizona

☆ The UAE is set to be the No. 1 'wealth magnet' in the world, new report shows
▼ + stars: | 2024-06-19 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

The UAE expects to see a net inflow of 6,700 millionaires from around the world by the end of 2024, according to new research. The tiny Gulf nation is expected to see an unprecedented net inflow of 6,700 millionaires from around the world by the end of 2024, according to the report released on June 18. That's according to new research by Henley Private Wealth Migration Report . The United Arab Emirates is set to be the world's leading wealth magnet for the third year in a row. The data for the report was supplied by global wealth intelligence firm New World Wealth and features insights on the inflows and outflows of millionaires and their migration patterns globally.

Persons: Dominic Volek, Hannah White Organizations: Henley Private Wealth, United, Henley & Partners, Henley, Partners, Singapore, Institute for Government, Millionaires Locations: UAE, United States, United Arab Emirates, Henley, States, America, Singapore, Canada, Australia, Italy, Switzerland, Greece, Portugal, Japan, East, India, Russia, Africa, United Kingdom, Europe, Asia, China, Kingdom, Korea, Brazil, Taiwan, Taipei, Nigeria, Vietnam

☆ Biden delivers stark warnings about potential second Trump term at star-studded fundraiser
▼ + stars: | 2024-06-16 | by ( Arlette Saenz | ) edition.cnn.com time to read: +5 min

CNN —President Joe Biden delivered a series of stark warnings about what a second Donald Trump term could hold during a star-studded Los Angeles fundraiser Saturday evening, framing the 2024 presidential election as an inflection point in American history. “What (Trump) did on January 6, and now he’s literally saying if he doesn’t win there’ll be a bloodbath — it’s outrageous. The conversation between Biden and Obama was moderated by television host Jimmy Kimmel. And rallies the world to fight for democracy and freedom.”She also made the case for the dangers of a second Trump term, saying, “Trump has told us again and again why he wants the White House. Biden interjected, “He paid none.”When Kimmel asked Biden about “Trump amnesia,” Biden said: “All you got to do is remember what it was like” during Trump’s four years, pointing to Trump’s recommendation that people inject bleach to cure Covid-19.

Persons: Joe Biden, Donald Trump, Trump, Barack Obama, Biden, Obama, Jimmy Kimmel, he’s, ” Biden, Samuel Alito, Kimmel, ” “, Roe, Wade, Clarence Thomas, “, ”, Trump outraised Biden, ” Obama, Joe, Jill Biden, “ Trump, …, Biden interjected, Covid, —, ” Kimmel, George Clooney, Julia Roberts, Barbra Streisand, Jason Bateman, Jack Black, Kathryn Hahn, Sheryl Lee Ralph, Nikki Carvajal Organizations: CNN, Trump, Biden, Republican, Delta Force Locations: Los Angeles, kilter, United States of America

☆ Europe is reckoning with a 'much more unpredictable' U.S., former EU chief says
▼ + stars: | 2024-06-11 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Former European Commission President Jose Manuel Barroso speaks on stage during the 2022 Concordia Annual Summit in New York on September 20, 2022. Leigh Vogel | Getty Images Entertainment | Getty ImagesA more "unpredictable" U.S. will only add to the challenges facing the incoming European Parliament as it navigates increasingly fraught ties with China and Russia, according to former EU Commission President José Manuel Barroso. "It's not just that the European Union is facing a much more aggressive Russia, a much more assertive China, it's also facing a much more unpredictable United States of America. watch nowBarroso, who served as commission president from 2004 to 2014, said that the U.S. remains the EU's "biggest ally," and that the two sharing close ties, including within NATO. "Today there are some doubts about which way the United States can go.

Persons: Jose Manuel Barroso, Leigh Vogel, José Manuel Barroso, Barroso, Donald Trump, It's, it's, CNBC's Silvia Amaro Organizations: European, Getty, EU, CNBC, Republican, U.S, NATO, Goldman Sachs Locations: New York, China, Russia, Europe, States of America, Ukraine, U.S, United States

☆ Biden and Macron talk Middle East and Ukraine in French state visit
▼ + stars: | 2024-06-08 | by ( ) www.cnbc.com time to read: +4 min

French President Emmanuel Macron and U.S. President Joe Biden stand together onstage during an official State Arrival Ceremony for President Macron on the South Lawn of the White House in Washington, U.S., December 1, 2022. Fresh from commemorating the 80th anniversary of D-Day, French President Emmanuel Macron welcomed U.S. President Joe Biden in Paris on Saturday for a state visit that included talks about the Middle East, Ukraine and trade. Biden hosted Macron for a state visit at the White House in 2022. A U.S. Treasury official said on Tuesday the United States and its G7 partners were making progress on that. Despite his criticism of the IRA during his state visit to Washington in 2022, Macron and European allies have since won few concessions from Washington.

Persons: Emmanuel Macron, Joe Biden, Macron, Biden, Biden's, Republican Donald Trump, Vladimir Putin, Putin, We're, Volodymyr Zelenskiy, Zelenskiy Organizations: White, U.S, Hamas, Republican, Elysee, Biden, Australia, White House, Kyiv, U.S . Treasury, Ukraine, U.S . Congress Locations: Washington , U.S, Paris, East, Ukraine, Gaza, Israel, Lebanon, Iran, Russian, U.S, United States, France, Europe, Washington, Macron, America

☆ Department of Labor sues Hyundai over child labor
▼ + stars: | 2024-05-31 | by ( Peter Valdes-Dapena | Ramishah Maruf | ) edition.cnn.com time to read: +2 min

In a new complaint, the department alleges Best Practice, a staffing agency, sent the child to work at SMART Alabama, which provided car parts to Hyundai. The complaint alleges all three companies were responsible for employing the child. “We are reviewing the new lawsuit and intend to vigorously defend the company,” Hyundai said in a statement provided to CNN. The complaint, filed in an Alabama federal court, seeks an order requiring the companies to release any profits related to the use of child labor as well as an order to stop any future use of child labor. Hyundai and its suppliers had been the subjects of a series of investigations by news service Reuters into the use of child labor in Alabama.

Persons: Jessica Looman, ” Hyundai, “, Hyundai Organizations: CNN, United States Department of Labor, Hyundai, SMART Alabama, Fair Labor, Reuters Locations: Alabama, United States, America

☆ Fact check: Trump’s post-conviction monologue was filled with false claims
▼ + stars: | 2024-05-31 | by ( Daniel Dale | ) edition.cnn.com time to read: +10 min

Instead, Trump delivered a rambling monologue that was filled with false claims on subjects ranging from the Manhattan trial to immigration to tax policy. He said this time that “you have violent crime all over this city at levels that nobody’s ever seen before.”Facts First: Trump’s claim is not even close to true. Michael Cohen’s crimesCriticizing key prosecution witness Michael Cohen, Trump repeated a claim he made during the trial in April. Facts First: There is no basis for Trump’s claim. It was dead.”Facts First: Trump’s claim is false.

Persons: Donald Trump, Trump, New York City Trump, Michael Cohen’s, Michael Cohen, Cohen, “, Robert Mueller, Trump’s, ” Cohen, ”, ” Trump, Biden, Joe Biden, Alvin Bragg’s, –, Bragg, Matthew Colangelo, Colangelo, Judge Juan Merchan, Merchan, Bradley Smith, Rather, Smith, Congo ’ Trump, Africa –, Patrick Muyaya Katembwe, ” Serge Mombouli Organizations: Washington CNN, New York City, New, Trump, Republican, Intelligence, Biden, DOJ, of Justice, federal, Department, Democrat, Justice Department, Congo, Democratic, CNN, PAC, Nord Locations: Manhattan, New York, , New York City, New York City, –, Russia, Moscow, York’s, Congo, Democratic Republic of Congo, Republic of Congo, Africa, United States of America, Republic of, Germany, Russian, Trump’s, Ukraine

☆ Wall Street ponders what happens to booming private credit market when you-know-what hits the fan
▼ + stars: | 2024-05-24 | by ( Leslie Picker | ) www.cnbc.com time to read: +1 min

The explosion of private credit has been met with a whole host of concerns, but among the louder ones more recently is that the industry has not experienced a downturn at scale. "A lot of those folks who took private-credit loans will be stranded when [obscenity] hits the fan," Dimon said. "Banks tend to work with the borrower and the middle-market loan in the crisis…in the mark-to-market world of private credit, they have to, as a fiduciary, book it at par." In other words, he said, "private credit hasn't dealt with high interest rates, hasn't dealt with the recession, and it hasn't dealt with high spreads." "[Ares has] invested $150 billion into the private-credit market since we founded the firm, and we had a loss rate of one basis point.

Persons: Jamie Dimon, Dimon, Banks, hasn't, Ares, Michael Arougheti, it's, Arougheti Organizations: CNBC, Ares Management Locations: United States, America

Search resuls for: "States of America"

25 mentions found