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☆ Analysis: The 2024 campaign gets grimmer, with Trump’s extremism on full display alongside concerns over Biden’s age
▼ + stars: | 2024-02-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +14 min

Trump is giving every impression that his second term would be even more aberrant than his first, as he vows to use presidential power to exact retribution against his enemies. While a Biden vs. Trump race would be a rematch of 2020, it would not necessarily be the same. In Trump, voters can pick an ex-president facing 91 criminal charges who has been found liable for fraud, sexual battery and defamation in court. It also offered a potential roadmap to the substance and character of his possible second term. Why the 2020 election lineup may be locked inThe renewed focus on Biden’s age is likely to open another round of speculation about whether he could be replaced on the Democratic ticket.

Persons: Joe Biden, Donald Trump, Biden, Trump, he’s, Vladimir Putin, Nikki Haley’s, crave, Robert F, Kennedy Jr, —, “ Donald Trump’s, Putin, ” Biden, Trump’s, ”, Florida GOP Sen, Marco Rubio, “ Donald Trump, ” Rubio, Charles Michel, Russia, Tucker Carlson, Manuel Balce Ceneta, Michael, He’s, Michael Haley, Nikki Haley, Arizona Sen, John McCain, Robert Hur’s, parry, Mandel Ngan, gaffes —, “, Ro Khanna, Jake Tapper, Biden’s missteps, Haley, Nancy Pelosi, he’d, Dean Phillips, Kamala Harris, Harris Organizations: CNN, Oval, Biden, Trump, NATO, White, Florida GOP, Foreign Relations, Union, European Council, GOP, ABC, Getty, ” Democratic, Democratic, Democratic Party Locations: South Carolina, Russia, NATO, Europe, miscalculations, Moscow, Ukraine, Poland, Baltic States, Florida, “ State, Russian, Conway , South Carolina, Africa, Arizona, Vietnam, Egypt, Mexico, AFP, California, reunifying

☆ Tech execs are telling investors they have to spend money to make money on AI
▼ + stars: | 2024-02-02 | by ( Hayden Field | ) www.cnbc.com time to read: +10 min

One theme investors heard repeatedly from top execs is that, when it comes to AI, they have to spend money to make money. Last year marked the beginning of the generative AI boom, as companies raced to embed increasingly sophisticated chatbots and assistants across key products. One key priority area, based on the latest earnings calls, is AI models-as-a-service, or large AI models that clients can use and customize according to their needs. Alphabet executives highlighted Vertex AI, a Google product that offers more than 130 generative AI models for use by developers and enterprise clients such as Samsung and Shutterstock. Alphabet executives touted Google's Duet AI, or "packaged AI agents" for Google Workspace and Google Cloud, designed to boost productivity and complete simple tasks.

Persons: Sundar Pichai, Mandel Ngan, Satya Nadella, Mark Zuckerberg, Josh Edelson, Zuckerberg, Nadella, Amy Hood, Pichai, You've, durably, Ruth Porat, Andy Jassy, Jassy, Tim Cook, Cook, Thos Robinson, Microsoft's, Rufus, Bard Organizations: Artificial Intelligence, AFP, Getty, Microsoft, Apple, Nvidia, Meta, Google, Amazon, New York Times, Samsung, GE, Spotify, Pfizer Locations: Washington ,, Menlo Park , California, LLMs, New York City

☆ India set to clock up to 8% GDP growth as it boosts manufacturing capacity, minister says
▼ + stars: | 2024-02-02 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +4 min

Workers assemble mobile phones at a Dixon Technologies factory in Noida, India, on Jan. 28, 2021. Bloomberg | Bloomberg | Getty ImagesIndia could clock up to 8% annual GDP growth for several years as it focuses on boosting its manufacturing capabilities, a key government minister told CNBC on Thursday. watch nowHe spoke extensively about the country's mobile manufacturing ecosystem, claiming that 99% of the phones used in India were made within the country. The country exported $11 billion mobile phones last year, and they are likely to rise to between $13 billion and $15 billion in 2024, Vaishnaw said. Apple 's presence in India has grown exponentially since it first started manufacturing in the country in 2017.

Persons: Vaishnaw, Narendra Modi's, Nirmala Sitharaman, CNBC's, Apple, OnePoll, Joe Biden, India's Modi, Narendra Modi, Modi, Mandel Ngan Organizations: Dixon Technologies, Bloomberg, Getty, CNBC, Union, Railways, Communications, Electronics, Technology, CNBC's Sri, Deloitte, India, Apple, Samsung, Micron, U.S, India's, White, Afp Locations: Noida, India, Delhi, Mumbai, Chennai, China, Washington ,

☆ Is Costco's $120 Executive membership a good deal? Here's how much you need to spend to make it worthwhile
▼ + stars: | 2024-01-20 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

The promise of 2% cash back with Costco's Executive membership can be tempting, but it might not be worth the upcharge. They take a look at your profile and tell you that you're a good candidate for the Costco Executive membership. On paper, the $120 Executive Membership sounds like a great deal. Calculating if the $120 Executive Membership is worth the upcharge is simple. But if your annual spend regularly tops $3,000, you're better off with the Executive Membership.

Persons: you've, they'd, Coke, Ngan, I'd Organizations: Costco's, Costco, Afp, Getty, Star

☆ Obama shared his vision of America at his first inauguration. Some still believe
▼ + stars: | 2024-01-20 | by ( John Blake | ) edition.cnn.com time to read: +18 min

It went across all visual types.”Elizabeth Alexander recites a poem during President Obama's swearing-in ceremonies at the US Capitol on January 20, 2009. She had grown up in DC, and that inauguration day was a homecoming for her. “I’m sure that some people expected too much,” says Wear, the former Obama campaign worker, of Obama’s vision. The fact of the matter is, that (inauguration) day happened, and millions of people were there. We will have a better idea on another inauguration day — in January of 2025.

Persons: Elizabeth Alexander, Barack Hussein Obama, Alexander, ” Alexander, Muhammad Ali, Aretha Franklin, Elie Wiesel, John Lewis, Colin Powell, ”, “, …, Obama's, Ron Edmonds, Obama, Obama’s, Martin Luther King Jr, Donald Trump’s, —, Trump's, Joe Biden, Jon Cherry, Ed Wolf, Wolf, Barack Hussein Obama —, Barack Obama, Alex Wong, ‘ Hussein, “ Wolf, Clifford L, Alexander Jr, George W, Bush, Laura, Michelle, Tannen Maury, Ronald Reagan, Trump, ” Vivek Ramaswamy, Donald Trump, Alexi J . Rosenfeld, Thomas Sowell, speck, it’s, Shepard, Robert Daemmrich, ” Obama, Michael Wear, John McCain, McCain, ” McCain, we’ve, Mandel Ngan, ” Trump, Nehisi Coates, Coates, Hope ’, ” Coates, ’, didn’t, ” Wolf, Emmanuel Dunand, “ We’re, hasn’t, Obama — we’re, Rebecca Solnit, John Blake Organizations: CNN, Yale University, Capitol, AP, Confederate, Trump, Rochester Institute of Technology, Metro, Washington, Army, Getty, United, White, Whites, GOP, Republican, Obama, Democratic, Mellon Foundation Locations: Washington ,, America, Russia, Japan, Kenya, American, New York, United States, AFP, Kansas, New York City, Balkans, Minnesota, Arizona, Washington, San Francisco, Michigan, Norfolk , Virginia, Hope

☆ One Supreme Court Case Could Mess Up Chunks of the Tax Code
▼ + stars: | 2023-12-03 | by ( Richard Rubin | Jess Bravin | ) www.wsj.com time to read: 1 min

A sweeping ruling by the Supreme Court could upend many rules affecting partnerships, multinational companies and bond investors. Photo: mandel ngan/Agence France-Presse/Getty ImagesWASHINGTON—A case that could punch holes in the federal tax code heads to the Supreme Court on Tuesday. The court will hear arguments in Moore v. U.S., which challenges a piece of the 2017 tax law that imposed a one-time levy on profits that companies had accumulated outside the U.S. But its implications could reach much further, providing the justices an opportunity to define what Congress can tax under the Constitution—and what it can’t.

Persons: mandel ngan, Moore Organizations: Agence France, Getty, WASHINGTON Locations: Moore v .

☆ Jill Biden unveils White House holiday decorations
▼ + stars: | 2023-11-28 | by ( Christy Choi | Sam Fossum | ) edition.cnn.com time to read: +3 min

CNN —Complete with 98 Christmas trees, 72 wreaths and 2.8 miles of ribbon, the White House has been transformed into a classic winter wonderland for the holidays. The little engine that could: A vintage toy train chugs around the base of a Christmas tree in the Blue Room. The White House expects some 100,000 people to visit during the holiday season. Decorations in the Vermeil Room celebrate music and performance, complete with a mechanical theater featuring rotating United States Marine Band figures. Evan Vucci/APDeck the halls: The White House's China Room transformed into a dessert shop, tables laden with festive treats.

Persons: Santa Claus, Fraser, Jill Biden, Joy ”, ”, Biden, It’s, Evan Vucci, children’s, Gerald Ford, Kevin Dietsch, Saint Nick, Mandel Ngan Organizations: CNN, White, National Guard, Historical Association, United States Marine, Santa, Getty Locations: China, Santa, AFP

☆ Passing at home, failing abroad: Grading Mike Johnson's first month as speaker
▼ + stars: | 2023-11-21 | by ( Madison Hall | ) www.businessinsider.com time to read: +9 min

In late October, House Republicans settled on a little-known congressman as their next leader. AdvertisementMike Johnson has been the speaker of the House for just under a month now following a testy race to succeed ousted former Speaker Kevin McCarthy. Johnson's so-called "laddered" approach has been heavily criticized by congressional Democrats, Republicans, and even the White House, who called it an "unserious proposal." AdvertisementSection 702: FailFBI Director Christopher Wray speaks during the daily press briefing at the White House, Thursday, Aug. 2, 2018, in Washington. AdvertisementWith just over a month left until the authorization expires, though, Johnson's been mum on the topic since becoming speaker.

Persons: Mike Johnson, Kevin McCarthy, —, Johnson, here's, Tom Brenner, McCarthy, Biden, Tom Emmer, Elise Stefanik, Steve Scalise, Alex Wong, Volodymyr Zelensky, Mitch McConnell, Chuck Schumer, Mandel Ngan, Michael McCaul, McCaul, Sandy Huffaker, Congress didn't, Christopher Wray, Evan Vucci, Jim Jordan, Johnson's, Patrick McHenry, Win McNamee, who's, he'd, McCarthy's Organizations: Republicans, Business, Service, The Washington, Getty, House Republican, Capitol, House Republicans, Internal Revenue Service, Democratic, White, Congress, Republican, Foreign Affairs Committee, American Farm Bureau Federation, Texas Farm Bureau, Foreign Intelligence, Associated Press, GOP Rep, FBI Locations: Israel, Gaza, Washington , DC, Ukraine, AFP, Mexico, Taiwan, California, Texas, Washington

☆ Trump should be allowed to pressure witnesses in his election interference case depending on 'the context,' his lawyer tells judges
▼ + stars: | 2023-11-20 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

Trump's legal team argued against his gag order in his upcoming election interference trial. AdvertisementA panel of three judges on Monday appeared highly skeptical of arguments from Donald Trump's legal team seeking to revoke a gag order that bars him from attacking potential witnesses in his election interference criminal case. Depending on "the context," Lauro argued, Trump would be permitted to pressure possible witnesses not to cooperate with prosecutors. The gag order in the election interference case is separate from a gag order in another ongoing civil trial against Trump in New York. He found that Trump violated it earlier in November, though an appeals court on Thursday temporarily lifted the order.

Persons: Trump, —, Donald Trump's, John Lauro, Lauro, Patricia Millet, X, Mike Pence, — Lauro, Tanya Chutkan, they've, Sam Bankman, Cornelia Pillard, Laura, Jack Smith, Mark Meadows, weaklings, Chutkan, MANDEL NGAN, Millet, Barack Obama, Joe Biden, Smith, Cecil Woods VanDevender, Bill Barr, We've, Judge Arthur Engoron Organizations: Prosecutors, Service, United States, Appeals, DC Circuit, Trump, US, Capitol, Justice Department, Republican, Getty Locations: New York, FTX, AFP

☆ Biden Keeps Talking About the Old Days. Young Voters Don’t Like It.
▼ + stars: | 2023-11-19 | by ( Catherine Lucey | Ken Thomas | ) www.wsj.com time to read: 1 min

Biden’s campaign adopted the internet meme ‘Dark Brandon’—a depiction of Biden’s red-laser-eyed alter ego—to reframe the Republican anti-Biden chant of ‘Let’s Go Brandon.’ Photo: mandel ngan/Agence France-Presse/Getty ImagesPresident Biden is struggling to connect with younger voters. The sepia-toned stories he peppers into speeches may not be helping. When Biden traveled to Israel last month, he spoke about his 1973 meeting with then Prime Minister Golda Meir . Following the Supreme Court ruling overturning Roe v. Wade last year, he stressed his work in 1987 to keep conservative Judge Robert Bork off the nation’s high court. Pressed about climate change during a news conference in Vietnam, he pointed to his longstanding commitment to the issue, including his work on it with Sen. Dick Lugar (R., Ind.)

Persons: Brandon ’, —, Let’s Go Brandon, ’, mandel ngan, Biden, Golda Meir, Roe, Wade, Robert Bork, Sen, Dick Lugar Organizations: Republican, Agence France, Getty Locations: Israel, Vietnam, Ind

☆ Ex-Meta staffers see booming business targeting online disinformation after two wars break out
▼ + stars: | 2023-11-17 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +15 min

Wagner left Facebook parent Meta last year, and her work in trust and safety feels like it was from a prior era. One of her first investments was in a startup called Cove, which was founded by former Meta trust and safety staffers. "One thing I would recommend is transparency at a time where third-party access and understanding to what is going on at scale on social platforms is what is needed." Post is an example of the kinds of companies that trust and safety startups are focused on. Fishman said customers are starting to see trust and safety tools as almost an extension of their cybersecurity budgets.

Persons: Joshua Bratt, Lauren Wagner, Wagner, Mandel Ngan, Roblox, Wagner's, Michael Dworsky, it's, Mason Silber, Donald Trump, Manu Aggarwal, Aggarwal, Abhijnan Dasgupta, Sara Ittelson, Ittelson, Cove's Dworsky, they'd, Alex Goldenberg, Noam Bardin, he's, Bardin, that's, Brian Fishman, Cinder, Fishman Organizations: Meta, Facebook, Hamas, Twitter, Radium Ventures, White, AFP, Getty, CNBC, Innovation Labs, Google, Apple, Republican, Everest Group, Accenture, Genpact, Big Tech, Tech, Venture, Accel, European, Digital Services, Defamation League, Network, Research, Rumble Locations: King's Cross, London, Israel, Washington ,, San Francisco, Russia, Ukraine, Georgia, Cinder, who's, ActiveFence

(Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)Alphabet CEO Sundar Pichai on Tuesday confirmed that Google pays Apple 36% of Safari search revenue, under the terms of a default search agreement that is core to the Justice Department's antitrust claims. Pichai was testifying in a separate lawsuit filed against Google by Epic Games, the maker of Fortnite. The Epic attorney then alleged that Google pays Samsung, Android's largest hardware partner, less than half of what it pays to Apple. Google's TAC costs include all of Google's payments to companies like Apple and Samsung to place its search engine in front of users. Apple, Google and Samsung did not immediately respond to CNBC's request for comment on Pichai's testimony.

Persons: Sundar Pichai, Mandel NGAN, MANDEL NGAN, Pichai, Google's, Kevin Murphy, Murphy, Connolly, John Schmidtlein, Leswing Organizations: Artificial Intelligence, Getty, Google, Apple, Epic Games, Washington , D.C, Samsung, Google's TAC, University of Chicago, Williams, Department, D.C Locations: Washington ,, AFP, Virginia, Washington

☆ Tim Scott drops out of the 2024 presidential race
▼ + stars: | 2023-11-13 | by ( Nnamdi Egwuonwu | Alex Tabet | ) www.cnbc.com time to read: +2 min

US Senator from South Carolina Tim Scott speaks during the third Republican presidential primary debate at the Knight Concert Hall at the Adrienne Arsht Center for the Performing Arts in Miami, Florida, on November 8, 2023. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)Sen. Tim Scott of South Carolina announced Sunday night that he is dropping out of the 2024 presidential campaign. I am suspending my campaign," Scott said in an appearance on former GOP Rep. Trey Gowdy's Fox News program. ""We want to give you ONE LAST CHANCE to donate this weekend and help Tim reach his campaign goal. Scott is dropping out of the presidential race just as former South Carolina Gov.

Persons: South Carolina Tim Scott, Adrienne Arsht, Mandel NGAN, MANDEL NGAN, Sen, Tim Scott of, Scott, Trey Gowdy's, Tim, Nikki Haley, Gowdy Organizations: Republican, Knight, Adrienne, Adrienne Arsht Center, Performing Arts, Getty Images, Tim Scott of South Carolina, GOP, Trey Gowdy's Fox News, South Carolina, PAC, South Carolina Gov Locations: South Carolina, Miami , Florida, AFP, Tim Scott of South, Iowa, Miami

☆ ‘Smoke Those Terrorists’: GOP Candidates Offer Advice to Israel at Debate
▼ + stars: | 2023-11-09 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

‘Smoke Those Terrorists’: GOP Candidates Offer Advice to Israel at DebateRepublican presidential candidates weighed in on how Israel should handle Hamas, at the third GOP debate held in Miami on Wednesday, advising Benjamin Netanyahu to take all necessary measures to destroy Hamas. Photo: Mandel Ngan/AFP/Getty Images

Persons: Benjamin Netanyahu, Mandel Ngan Organizations: Debate Republican, GOP, Getty Locations: Israel, Miami, AFP

☆ Opinion: The Republican debater with only one gear – ‘D’ for ‘dislikeable!’
▼ + stars: | 2023-11-09 | by ( Opinion Todd Graham | ) edition.cnn.com time to read: +9 min

CNN —Whether it was due to a less crowded debate stage or the experienced bench of moderators, the third Republican presidential debate held in Miami on Wednesday night was easily the smoothest debate yet. Usually, his moments of brilliance are –— as Senator Tim Scott would probably understand — sandwich-boarded by acts of self-flagellation. He was flat-out great in justifying our support of Ukraine, a debate Christie can win against anyone. As the resident expert of ‘letting little things get to me,’ I understand Haley’s Mr. Hyde. I wrote after the last debate that Haley makes poor decisions when something (or someone) gets under her skin.

Persons: Todd Graham, he’s, Chris Christie Mandel Ngan, Chris Christie, Christie, —, Tim Scott, Donald Trump, policymaking, Nikki Haley Mandel Ngan, Nikki Haley, Haley’s Dr, Jekyll, I’ve, Haley, Hyde, ’, Haley rehashes, Vivek Ramaswamy, Haley doesn’t, she’s, Ramaswamy, ”, “, Ron DeSantis Joe Raedle, Ron DeSantis, DeSantis, Hugh Hewitt, ” Lawless, Hewitt, Tim Scott Mandel Ngan, Mike Johnson’s, Scott, It’s, valueless, it’s, Vivek Ramaswamy Mandel Ngan, Vivek Ramaswamy’s, I’ll, Haley’s, Jill Biden Organizations: Southern Illinois University, Facebook, Twitter, CNN, Getty, New, MAGA, NBC, South, “ Locations: Miami, AFP, New Jersey, Ukraine, China, Florida, Mexico, South Carolina, United States

☆ GOP Debate Takeaways: Nikki Haley Takes Fire as She Jockeys for Second Place
▼ + stars: | 2023-11-08 | by ( Alex Leary | John Mccormick | ) www.wsj.com time to read: 1 min

Republican presidential candidates weighed in on how Israel should handle Hamas, at the third GOP debate held in Miami on Wednesday, advising Benjamin Netanyahu to take all necessary measures to destroy Hamas. Photo: Mandel Ngan/AFP/Getty ImagesMIAMI—Former South Carolina Gov. Nikki Haley, who has shown momentum in recent weeks, came under sustained attack in Wednesday’s Republican presidential primary debate as she competes with Florida Gov. Ron DeSantis to be the leading alternative to former President Donald Trump. A confrontation between the two had been brewing, amplified by a closely watched poll that recently showed Haley and DeSantis tied for second in Iowa, where nomination balloting starts Jan. 15.

Persons: Benjamin Netanyahu, Mandel Ngan, Nikki Haley, Ron DeSantis, Donald Trump, Haley, DeSantis, Jan Organizations: GOP, Getty, MIAMI — Former South Carolina Gov, Republican, Florida Gov Locations: Israel, Miami, AFP, DeSantis, China, Iowa

☆ Mississippi Gov. Tate Reeves faces challenger Brandon Presley, Democrat who ran on expanding Medicaid
▼ + stars: | 2023-11-07 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Tate Reeves speaks on Covid-19 testing in the Rose Garden of the White House in Washington, DC on September 28, 2020. Tate Reeves, a Republican, faces a surprisingly competitive race Tuesday as his Democratic challenger Brandon Presley champions expanding Medicaid, a position that has broad support among voters from both parties in the deeply conservative state. Presley was pressing Reeves hard heading into Tuesday night with the race having shifted from likely to lean Republican, according to the Cook Political Report. Presley focused his campaign on outreach to Black voters, the backbone of the Democratic Party in Mississippi. Presley is a commissioner for Mississippi's public utility regulator who previously served as mayor of the small town of Nettleton.

Persons: Tate Reeves, MANDEL NGAN, Brandon Presley, Presley, Reeves, Cook, Bennie Thompson, Elvis Presley Organizations: Mississippi Gov, White, Getty Images, Republican, Democratic, Black, Democratic Party, U.S . Rep Locations: Mississippi, Rose, Washington , DC, AFP, Nettleton

☆ Elon Musk is in the UK for a pivotal summit on AI — here's who's going
▼ + stars: | 2023-11-01 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Here's who's goingMajor names in the technology and political world will be there. They range from Tesla CEO Elon Musk, whose private jet landed in the U.K. late Tuesday, to U.S. Vice President Kamala Harris. What the summit seeks to addressThe main objective of the U.K. AI summit is to find some level of international coordination when it comes to agreeing some principles on the ethical and responsible development of AI models. The summit is squarely focused on so-called "frontier AI" models — in other words, the advanced large language models, or LLMs, like those developed by companies such as OpenAI, Anthropic, and Cohere. Loss of control risks refer to a situation in which the AI that humans create could be turned against them.

Persons: Elon Musk, Mandel Ngan, Rishi Sunak's, ChatGPT, Here's who's, Kamala Harris, Musk, Elon, Brad Smith, Demis, Yann LeCun, Global Affairs Nick Clegg, Adam Selipsky, Sam Altman, Dario, Jensen Huang, Rene Haas, Dario Gil Darktrace, Poppy Gustaffson Databricks, Ali Ghodsi, Marc Benioff, Cheun Kyung, Alex Karp, Emmanuel Macron, Joe Biden, Justin Trudeau, Olaf Scholz, Sunak, Will Organizations: Senate, Intelligence, U.S, Capitol, Washington , D.C, Afp, Getty, Bletchley, Microsoft, Tesla, CNBC, Global Affairs, Web, Rene Haas IBM, Marc Benioff Samsung, Technology, South, Sony, Joe Biden Canadian Locations: U.S, Washington ,, China, U.K, South Korean, Chesnot

☆ Pharmacy staff from Walgreens, CVS say they’re at a breaking point — here’s what their days look like
▼ + stars: | 2023-10-27 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +7 min

Those investments include enabling teams to schedule additional support as needed, enhancing pharmacist and technician recruitment and hiring and strengthening pharmacy technician training, according to the spokesperson. The pharmacist typically begins the shift by completing several paperwork tasks, which take about five to 10 minutes. The pharmacist and a pharmacy technician then juggle administering shots with several other tasks. The technician typically handles the first part of that task, which involves processing new prescription orders from doctors. One CVS pharmacy technician said they typically come to their store location at 7:50 a.m., 10 minutes before their eight-hour shift starts.

Persons: Mandel Ngan, weren't, Brian Snyder, —, Spencer Platt Organizations: AFP, Getty, Walgreens, CVS, CNBC, Reuters Locations: Washington ,, Somerville , Massachusetts, Brooklyn, New York City

☆ How Ivanka Trump is making a comeback in US high society after being shunned for joining her father in politics
▼ + stars: | 2023-10-25 | by ( Sophia Ankel | ) www.businessinsider.com time to read: 1 min

Ivanka Trump said in November 2022 that her time in politics was over, and that she wouldn't help Donald Trump's 2024 campaign. Then-President Donald Trump and Ivanka Trump make their way to board Air Force One on January 4, 2021. Mandel Ngan/AFP via Getty ImagesIvanka Trump was notably absent from former President Donald Trump's campaign launch in Palm Beach, Florida. In a public statement after the launch, she said: "I love my father very much. This time around, I am choosing to prioritize my children and the private life we are creating as a family.

Persons: Ivanka Trump, Donald Trump's, Donald Trump, Mandel Ngan Organizations: Air Force, Getty Locations: AFP, Palm Beach , Florida

☆ China roughly doubled the number of missiles it could use to go after US bases in Japan, new Pentagon report shows
▼ + stars: | 2023-10-24 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

The US Department of Defense released its annual China Military Power Report last week. The report says China's has increased in missile stockpiles, doubling its supply of the DF-21 missile. The increase in what an expert called "Japan Killers" gives China greater capability to threaten US bases. The People's Liberation Army Rocket Force's includes a significant increase in DF-21 medium-range ballistic missiles. The new figures were released last week in the Department of Defense's annual China Military Power Report.

Persons: China's, —, That's, GREG BAKER, Tom Shugart, who's, that's, Shugart, Joe Biden, Xi Jinping, Roosevelt, Mandel Ngan Organizations: US Department of Defense, China, Service, People's Liberation, Pentagon, Department, Taiwan . Military, Getty, NATO, US, Center, New, New American Security, DF, . Navy, Japan, Self, Defense Force, Reuters, US Navy, Defense, RAND, PLA, Artillery, White, American, DoD Locations: China, Japan, People's Republic of China, Taiwan, Beijing, AFP, Guam, New American, Korea, Soviet, Washington , DC

☆ Going Easy on a Tax-Return Heist
▼ + stars: | 2023-10-19 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Photo: mandel ngan/Agence France-Presse/Getty ImagesThe Justice Department has finally found the man who stole thousands of private federal tax records and leaked them to the media. But the potential deterrent effect is going to be muted by the plea deal negotiated with Internal Revenue Service contractor Charles Littlejohn. In a hearing last week in Washington federal court, Mr. Littlejohn admitted to stealing tax returns for President Trump and thousands of wealthy Americans, before leaking them to two separate media outlets. He gave Mr. Trump’s information to the New York Times , even as the President was fighting demands for his tax returns by Democrats in Congress. The leak of wealthy taxpayer information to ProPublica coincided with a progressive campaign to impose a new tax on assets.

Persons: mandel ngan, Charles Littlejohn, Littlejohn, Trump, Littlejohn’s Organizations: Agence France, The, Department, Internal Revenue Service, New York Times, Congress Locations: Washington

☆ Top economists unanimous on 'higher for longer' rates as inflation threats linger
▼ + stars: | 2023-10-17 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

Pedestrians walk past a billboard announcing the World Bank Group and International Monetary Fund annual meetings, on the side of the International Monetary Fund headquarters in Washington DC on October 5, 2023. Mandel Ngan | Afp | Getty ImagesTop economists and central bankers appear to be in agreement on one thing: interest rates will stay higher for longer, clouding the outlook for global markets. Despite the pause, Fed officials have signaled that rates may have to remain higher for longer than markets had initially expected if inflation is to sustainably return to the central bank's 2% target. The European Central Bank last month issued a 10th consecutive interest rate hike to take its main deposit facility to a record 4% despite signs of a weakening euro zone economy. "We may have more shocks that may drive inflation up, and that's why of course we have to remain very cautious about inflation developments."

Persons: Mandel Ngan, Ajay Banga, Greg Guyett, Guyett, Boris Vujčić, Vujčić, Mārtiņš Kazāks, CNBC's Joumanna Bercetche, Silvia Amaro, Austrian National Bank Governor Robert Holzmann Organizations: World Bank Group, International Monetary Fund, Washington DC, Afp, Getty, U.S . Federal Reserve, World Bank, IMF, Bank, Labor Department, U.S ., HSBC, CNBC, European Central Bank, Council, Croatian National Bank, U.S, Bank of Latvia, ECB, Governing Council, Austrian National Bank Governor Locations: Washington, Central, U.S, Marrakech, Morocco, ECB's, Europe, Marrakech ., Israel

☆ The company powering the AI revolution is quite happy to let staff keep WFH
▼ + stars: | 2023-10-15 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

It's not adopted the strict return-to-office mandates enforced by some Silicon Valley firms. But Nvidia, whose chips are powering the AI revolution, is not enforcing strict return-to-office mandates. Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. Mandel Ngan/AFP/Getty ImagesYet the companies snapping up Nvidia's chips don't all agree. But Nvidia's astounding growth undermines the claims made by some Silicon Valley bigwigs.

Persons: Bard, It's, Jensen Huang, —, Beau Davidson, Davidson, Mandel Ngan, Mark Zuckerberg, Sam Altman, OpenAI, they're Organizations: Nvidia, Service, Venture, Commerical Observer, MGM, Getty, Meta, Reuters, CNET Locations: Silicon, Las Vegas, AFP, China, Hong Kong, Santa Clara

☆ Saudi Arabia announces crucial step forward in its nascent nuclear power plans
▼ + stars: | 2023-09-26 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

The announcement put the spotlight on the kingdom's nascent nuclear energy efforts — Saudi Arabia has a small nuclear reactor, a research unit set up with the help of Argentina, that it has not yet put into operation. The Saudi energy minister did not comment on whether his country would also join the IAEA's Additional Protocol, which requires more thorough oversight including snap inspections. Saudi Crown Prince Mohammed bin Salman said in a recent wide-ranging interview with Fox News that if Iran developed nuclear weapons, Saudi Arabia would too. U.S. assistance with a nuclear energy program is one of Saudi Arabia's key demands — but not everyone is happy about that. The multilateral Obama-era deal had allowed the lifting of economic sanctions on Iran in exchange for curbs to its nuclear program.

Persons: Crown Prince Mohammed bin Salman, Al, Mandel Ngan, Prince Abdulaziz bin Salman Al Saud, Rafael Grossi, Thomas Kronsteiner, Grossi, Saud, Prince Abdulaziz's, Prince Mohammed bin Salman, Mohammed bin Salman's, Saudi Arabian Crown Prince Mohammed bin Salman Al Saud, Joe Biden, Narendra Modi, Evelyn Hockstein, Yair Lapid, Donald Trump, ATTA KENARE Organizations: Saudi, Crown, AFP, Getty Images, International Atomic Energy Agency, IAEA, Saudi Energy, Governors, CSA, United, Fox News, CBS, West, Saudi Arabian Crown, Indian, Biden, Obama, Iranian, Getty Locations: Royal, Saudi, Jeddah, Getty Images Saudi Arabia, Vienna, Austria, Saudi Arabia, Argentina, United Arab Emirates, Iran, Russia, Ukraine, China, New Delhi, India, Riyadh, Washington, Israel, Tehran, Bushehr

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