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☆ Why Tesla wants to give Elon Musk a $55 billion pay package
▼ + stars: | 2024-04-17 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Tesla is seeking shareholder approval for Elon Musk's pay package, which a judge previously struck down. AdvertisementWhy does Tesla's board think Elon Musk deserves a $55 billion pay package? Tesla plans to ask shareholders to vote again on Musk's $55 billion pay package after it was struck down by a Delaware Judge earlier this year. Tesla shareholders will be able to vote on the issue during the company's annual meeting in June. Musk does not receive a salary from Tesla and his pay package centered on a series of goalposts around the carmaker's financial growth, initially set in place in 2018.

Persons: Tesla, —, Elon, Robyn Denholm, Denholm, Kathleen St, J, McCormick, Musk Organizations: Elon, Service, Delaware Judge, Securities and Exchange Commission, Delaware Court, Tesla, The New York Times Locations: Delaware, Texas

☆ What the conversation about Caitlin Clark’s pay gets wrong
▼ + stars: | 2024-04-17 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

The WNBA’s stars aren’t asking to be paid an equal dollar amount to NBA players, however. WNBA players have made progress on salaries since 2020, when they reached their latest collective bargaining agreement with the league. Sharing the revenue pieBecause it’s a smaller and younger league, women’s players have had less bargaining power with team owners over their pay than men. While NBA players receive 50% of total NBA revenue, the WNBA must hit a certain revenue threshold annually before any revenue sharing agreements kick in. This has held back women’s salaries.

Persons: Caitlin Clark, Clark, Angel Reese, ” Terri Jackson, David Berri, Kelsey Plum, Griner, Jackson, ” Jackson, “ It’s, ”, Alicia Jessop, “ That’s, ” David Berri, David Stern, “, Berri, Cathy Engelbert, ” Breanna Stewart Organizations: New, New York CNN, NBA, National Basketball Association, Women’s National Basketball Association, University of Iowa, Louisiana, NCAA, WNBA, ’ Association, CNN, Southern Utah University, Las Vegas Aces, —, Phoenix Mercury, ’, Pepperdine University, longtime, New York Liberty Locations: New York, men’s, Russia

☆ Opinion | Donald Trump and American Justice
▼ + stars: | 2024-04-17 | by ( The Editorial Board | ) www.nytimes.com time to read: +2 min

The former and possibly future president of the United States is now on trial in Lower Manhattan, the first criminal prosecution of an American elected to the nation’s highest office. Donald Trump, who relentlessly undermined the justice system while in office and since, is enjoying the same protections and guarantees of fairness and due process before the law that he sought to deny to others during his term. It may be the only one of the four criminal cases against the former president that comes to trial before the November election. Mr. Trump is no victim. A guiding principle of the American experiment is that the law applies to everyone equally.

Persons: Donald Trump, Trump Locations: United States, Lower Manhattan

☆ Fact check: Donald Trump attacks Jimmy Kimmel for something Al Pacino did
▼ + stars: | 2024-04-17 | by ( Daniel Dale | ) edition.cnn.com time to read: +2 min

Washington CNN —On Tuesday, late-night television host Jimmy Kimmel delivered another monologue making fun of former President Donald Trump. On Wednesday morning, the presumptive Republican presidential nominee fired back on social media — in part by attacking Kimmel for something Kimmel didn’t do. Kimmel wasn’t the person who delivered an unusual, abrupt performance in announcing the Best Picture award won by “Oppenheimer”; that was actually legendary actor Al Pacino, whom Kimmel had introduced. “In fairness to our former President, many stable geniuses confuse me with Al Pacino….,” Kimmel wrote Wednesday afternoon on the platform X, formerly known as Twitter. The presidential campaigns of Trump and President Joe Biden have traded barbs about each candidate’s verbal slip-ups; the Biden campaign mocked Trump on social media for this latest error.

Persons: Jimmy Kimmel, Donald Trump, Kimmel, Trump, ”, ’ ” Trump, “ Oppenheimer, Al Pacino, Pacino, Oscar, Patrick T, Fallon, Al Pacino …, ” Kimmel, Joe Biden, Biden Organizations: Washington CNN, Academy, Dolby Theatre, Getty, Twitter, Trump Locations: Hollywood , California, AFP

☆ NPR suspends editor who accused outlet of liberal bias
▼ + stars: | 2024-04-16 | by ( Jon Passantino | Oliver Darcy | ) edition.cnn.com time to read: +4 min

It described the notice as a “final warning,” saying Berliner would be fired if he violated NPR’s policy again, Folkenflik reported. An NPR spokeswoman told CNN the outlet “does not comment on individual personnel matters, including discipline.” Berliner did not immediately respond to a CNN request for comment. Other NPR staffers publicly rejected Berliner’s assessment in social media posts. “Many things wrong w/terrible Berliner column on NPR, including not observing basic fairness,” NPR TV critic and media analyst Eric Deggans wrote. On his Truth Social media platform, Trump called NPR a “LIBERAL DISINFORMATION MACHINE,” that “NOT ONE DOLLAR” of government funds should be sent to in the future.

Persons: NPR’s David Folkenflik, Uri Berliner’s, Berliner, Folkenflik, ” Berliner, Donald Trump colluded, York Post’s Hunter Biden, Edith Chapin, Eric Deggans, “ Didn’t, Trump, “, ”, Jesse Watters, Katherine Maher, Isabel Lara, Christopher Rufo, Maher “ Organizations: New, New York CNN, NPR, CNN, Free Press, York, Corporation for Public Broadcasting, Social, Trump, Fox News, Berliner Locations: New York, Russia, LIBERAL

☆ Election Updates: Biden heads to Pennsylvania to talk taxes and hit Trump.
▼ + stars: | 2024-04-16 | by ( Nicholas Nehamas | ) www.nytimes.com time to read: +4 min

In an unprecedented trial, Mr. Trump is spending most of this week, and much of the coming month or two, in a Manhattan courtroom facing criminal charges. In 2020, he narrowly defeated Mr. Trump in Pennsylvania by about 80,000 votes. “I went to school here, right?” Mr. Trump, a graduate of the Wharton School of the University of Pennsylvania, reminded his audience. They say it is imperative that Mr. Biden campaign in western Pennsylvania, as well as swing areas like Erie County, which Mr. Biden flipped in 2020. Mr. Trump said last week that he would not, reversing a position he held during his term in the White House.

Persons: Biden, Donald J, ” Michael Tyler, Trump, Mr, “, Trump’s, Michael Gold Organizations: Trump, Biden, Affordable, Mr, Wharton School, University of Pennsylvania, Scranton, Pittsburgh, United Steelworkers . Unions, Democrats, U.S . Steel, steelworkers, Democratic National Committee, Democratic Locations: Pennsylvania, Scranton, Manhattan, Israel, Michigan, Wisconsin, Philadelphia, Erie County, Arizona, Schnecksville, Pa

☆ Fairness, a Trump Obsession, Is Central to Jury Selection in His Trial
▼ + stars: | 2024-04-16 | by ( Maggie Haberman | More About Maggie Haberman | ) www.nytimes.com time to read: 1 min

Over much of his life, Donald J. Trump has measured the world in terms of whether it is treating him or people he likes “unfairly.”Mr. Trump, the 45th president of the United States, a wealthy businessman and the son of a wealthy and well-connected real-estate developer, has used the word in a wide variety of contexts. News outlets, he often insists, treat him “unfairly.” Political rivals and critics treat him “unfairly.” Prosecutors who have charged him with crimes treat him “unfairly.”“No politician in history — and I say this with great surety — has been treated worse or more unfairly. You can’t let them get you down. You can’t let the critics and the naysayers get in the way of your dreams,” Mr. Trump said of himself in 2017.

Persons: Donald J, Trump, “, ” Mr, ” “, — Organizations: ” Prosecutors Locations: United States

☆ Pregnant Workers Fairness Act: Employers now have to give workers time off for an abortion or pregnancy care
▼ + stars: | 2024-04-16 | by ( Tami Luhby | ) edition.cnn.com time to read: +3 min

CNN —Most employers must offer “reasonable accommodations” to workers related to pregnancy or childbirth, including providing time off for an abortion, according to a final rule issued Monday by the Equal Employment Opportunity Commission. The rule clarifies the provisions of the Pregnant Workers Fairness Act, which became law last June after Congress passed it as part of a federal government spending package in late 2022. The measures apply to employers with at least 15 workers unless the accommodations would cause “undue hardship” for the employer. It also provides many examples of accommodations and encourages employers and workers to communicate early and frequently about the requests. “The Pregnant Workers Fairness Act is a life-changing protection for pregnant and postpartum workers nationwide, ensuring they aren’t forced off the job or denied the accommodations they need for their health.”

Persons: ” Dina Bakst, “, ” Organizations: CNN, Commission, US, of Commerce

☆ Chinese runner’s win invites suspicion after rivals appear to step aside
▼ + stars: | 2024-04-15 | by ( Andrew Mcnicol | Hassan Tayir | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Chinese runner He Jie’s victory Sunday in the Beijing Half Marathon is facing a probe after his win was called into question by Chinese internet users because a trio of African runners appeared to deliberately slow down to let him win. The Chinese runner crossed the finish line in 1:03:44 to claim the $5,500 first prize, with the African trio just one second behind in joint-second place. The video clip shows the African runners applauding He’s win and patting him on the back, though the Asian Games marathon champion appears less enthused despite winning his first ever competitive half marathon. Some Chinese internet users called for an investigation into the race, while others demanded action from organizers. He is ranked 77th in the world in men’s marathon by World Athletics and is expected to lead the way for Asian runners in the upcoming Paris 2024 Summer Olympics.

Persons: Kenya’s Willy Mnangat, Robert Keter, Ethiopia’s, He’s, patting, “, ”, ” Xstep, It’s, Mark Dreyer, That’s, “ It’s, Jie, ” Dreyer Organizations: Hong Kong CNN, Asian Games, Beijing Municipal Sports Bureau, Chinese Athletics Association, CNN, Sporting, World Athletics Locations: Hong Kong, Beijing, Kenya, Weibo, China’s Ningxia

☆ Robert MacNeil, legendary PBS News anchor, dies at age 93
▼ + stars: | 2024-04-12 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +3 min

New York CNN —Longtime broadcast journalist Robert MacNeil, who covered some of the biggest headlines of the 20th century and co-anchored PBS nightly news for two decades, died on Friday, PBS announced. MacNeil “was an incredibly erudite reporter, anchor and writer who raised the bar for serious journalism in America,” Sharon Percy Rockefeller, president of NewsHour Productions, said Friday in a news release. Arriving at PBS in the early 1970’s, MacNeil began a decades-long partnership with fellow journalist Jim Lehrer, according to PBS The two led PBS coverage of the Senate’s Watergate Hearings in 1973. In 1975, the pair co-founded the MacNeil/Lehrer Report, a show that would later become PBS NewsHour. MacNeil sat at the helm alongside Lehrer before leaving in 1995, according to PBS.

Persons: Robert MacNeil, MacNeil “, ” Sharon Percy Rockefeller, Jim Lehrer, MacNeil, John F, Kennedy, Lehrer, WETA, ”, “ Organizations: New, New York CNN, Longtime, PBS, NewsHour, NBC, WETA, Cuban Missile, MacNeil, Television, Writers ’ Conference Locations: New York, America, Montreal, Canada, Nova Scotia, London, Washington, DC, Dallas, WETA, United States

☆ The Tesla strikes in Sweden are dragging on and unions have doubled down, but Elon Musk thinks the 'storm has passed'
▼ + stars: | 2024-04-11 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Swedish Tesla workers say they are still on strike, contradicting Elon Musk's statements. The strike, led by the IF Metall union, has attracted solidarity from unions across Scandinavia. AdvertisementSwedish Tesla workers say they're still very much on strike — despite Elon Musk's claims to the contrary. The Swedish workers want to force a collective agreement on Tesla, which would allow workers to negotiate things like compensation. AdvertisementAfter the IF Metall union walked out last year, several other unions, including labor groups in nearby countries like Denmark, Norway, and Finland, joined in solidarity.

Persons: Elon, Musk, —, Elon Musk's, Jesper Pettersson, Tesla, Pettersson, Danish dockworkers Organizations: IF Metall, Service, Reuters, Tesla, Danish, Business Locations: Scandinavia, Swedish, Sweden, Denmark, Norway, Finland

☆ Billionaire golf fans' favorite tournament, the Masters, kicks off this week in Augusta
▼ + stars: | 2024-04-10 | by ( Madeline Berg | Taylor Rains | ) www.businessinsider.com time to read: +7 min

The Masters Tournament begins this week at Augusta National Golf Club. That's thanks to the Masters Tournament, the first in an annual run of major professional golf championships and a favorite of the superrich. Former Secretary of State Condoleezza Rice became one of the first women to join Augusta National in 2012. But if you're not a member, you're not invited by a member, you're not getting on Augusta National." The names of Augusta National members are kept confidential, though their green jackets are a tell.

Persons: Warren Buffett, Bill Gates, —, Dirk Ziff, Stanley Druckenmiller —, Barnabas Carrega, Carrega, State Condoleezza Rice, Timothy A, Clary, weren't, Darla Dee Moore, Richard Rainwater, Augusta National's, Billy Casper, Horton Smith, Jamie Squire, Phil Knight —, Robert Rowling, Herbert Allen Jr, David Duffield, Ernest Garcia, Greg Mondre, Garth Brooks, Luke Bryan, Rory McIlroy, Tiger Woods, that's Organizations: Augusta National Golf, Private, Service, Michelin, Golf, Bloomberg, State, Augusta National, Getty, Augusta, Augusta Regional Airport, Nike, reselling, Ticketmaster Locations: Augusta , Georgia, Augusta, Georgia, United States, Carvana

☆ 6 ex-officers who pleaded guilty in ‘Goon Squad’ torture of 2 Black men sentenced in state court
▼ + stars: | 2024-04-10 | by ( Emma Tucker | Holly Yan | ) edition.cnn.com time to read: +8 min

– Middleton was sentenced in state court to 20 years in prison, which will run concurrently with his federal sentence of 17.5 years. – Opdyke was sentenced in state court to 20 years in prison, to run concurrently with his federal sentence of 17.5 years. – Hartfield was sentenced in state court to 15 years in prison, to run concurrently with his federal sentence of 10 years. – Dedmon was sentenced in state court to 25 years in prison, to run concurrently with his federal sentence of 40 years. – McAlpin was sentenced in state court to 20 years in prison, to run concurrently with his federal sentence of just over 27 years.

Persons: Michael Jenkins, Eddie Parker, – Hunter Elward, Brett McAlpin, Christian Dedmon, Daniel Opdyke, Jeffrey Middleton –, Joshua Hartfield, Jenkins, Malik Shabazz, “, Eddie, Hunter Elward, ” Jenkins, ” Eddie Terrell Parker, Michael Corey Jenkins, Rogelio V . Solis, Dedmon, Elward, – Elward, – Middleton, – Opdyke, – Hartfield, – Dedmon, – McAlpin, Brandon –, Parker, Opdyke –, Lynn Fitch, Middleton, ” picturing, Angela English, ”, Sheriff Bryan Bailey, Jason Dare, Bailey, jailers, Fitch, Eddie Terrell Parker, ” Fitch, CNN’s Devon Sayers, Ryan Young Organizations: Mississippi CNN —, Richland Police Department, NAACP, Confederate, Justice, Rankin County Sheriff’s Department, Department of Justice, Sheriff’s Department, CNN, Civil Rights Unit Locations: Brandon, Mississippi, Rankin, Rankin County, Braxton, McAlpin, Middleton, Opdyke, Jackson

☆ So, can we stop calling pro wrestling 'sports entertainment' now?
▼ + stars: | 2024-04-10 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

For years, the WWE has called itself "sports entertainment" instead of pro wrestling. Since the early 2000s, back even when World Wrestling Entertainment was still called WWF, the company has carefully referred to its scripted grappling as "sports entertainment" rather than "professional wrestling." Now, it seems that the verboten phrase — "pro wrestling" — is back as part of a series of changes made after McMahon left the company. A source familiar with internal policies at WWE told Business Insider that use of the term "pro wrestling" has been relaxed in the past year. For the moment, pro wrestling did indeed win out over sports entertainment.

Persons: John Cena, —, Michael Cole, Vince McMahon, McMahon, — Ibou, Cena Organizations: WWE, Service, Undertaker, Wrestling Entertainment, XFL, Netflix, Wrestling, Sports Entertainment, Rock

☆ Trump is just days from his first criminal trial after latest legal gambit fails
▼ + stars: | 2024-04-08 | by ( Stephen Collinson | ) edition.cnn.com time to read: +8 min

And if there’s one of the four criminal trials that Trump would prefer to take place first, it’s this one. But there is a clear trend of him using frivolous legal challenges to slow the road to trials. With only four weekdays until the New York trial begins, the chances that it will be further delayed are fading fast. If he’s reelected, Trump would regain presidential powers that would allow him to stall or even end the federal case against him completely. “There is no democracy without robust and uninhibited freedom of expression,” Trump attorney Steve Sadow said in a statement.

Persons: Donald Trump, –, Trump, he’d, “, Judge Juan Merchan, ”, they’ve, Stormy Daniels, can’t, Joe Biden, Biden, couldn’t, “ Trump, He’s, Jack Smith, Smith, ” Smith, he’s, Smith’s, Aileen Cannon, ” Trump, Steve Sadow, Scott McAfee, Lizbeth González Organizations: CNN, Republican, Trump, Prosecutors, GOP Locations: Manhattan, New York, York, Trump, Chicago, Washington, Florida, Georgia, Fulton County, Washington , DC

☆ Breaking down Trump’s attacks on the daughter of the judge in his New York hush-money trial
▼ + stars: | 2024-04-06 | by ( Marshall Cohen | ) edition.cnn.com time to read: +10 min

The judge ruled that Trump’s “dangerous rhetoric” threatens the integrity of the looming trial, which is scheduled to begin April 15. Here are the facts about Trump’s recent attacks against Merchan’s daughter, and how this sideshow could affect the first-ever criminal trial of a former American president. He deployed this same tactic in the New York case, but went even farther by targeting Merchan’s adult daughter, Loren Merchan. He used the image to argue that Loren Merchan and her father are biased against him. “The X, formerly Twitter, account being attributed to Judge Merchan’s daughter no longer belongs to her since she deleted it approximately a year ago,” court spokesman Al Baker said last week.

Persons: Donald Trump, Judge Juan Merchan, Trump, Merchan’s, don’t, Stormy Daniels, Loren Merchan, Merchan, ”, Joe Biden, didn’t, ‘ Get, ’, Loren Merchan’s, Kamala Harris ’, Biden, Harris, Gretchen Whitmer, Katie Hobbs, Adam Schiff, Trump’s, Schiff, Laura Loomer, Judge Merchan’s, Al Baker, Loren, “, Judge Merchan, Attorney Alvin Bragg, ” Merchan, Joey Jackson, CNN’s Dana Bash, ” Jackson, that’s, ” CNN’s Daniel Dale, Jeremy Herb, David Wright Organizations: Washington CNN, Democratic, Trump, Super Liberal Democrat, ‘, ‘ Get Trump, New York, CNN, Authentic, Michigan Gov, Arizona Gov, Democratic Party of Wisconsin, House Democrats, California, Senate, The Spectator, Twitter, Manhattan, Attorney Locations: New York, American, “, Arizona, York

☆ Jim Cramer says the AI buzz is far from a bubble — the game has yet to start
▼ + stars: | 2024-04-03 | by ( Alex Koller | ) www.cnbc.com time to read: +1 min

"It's clear that lots of investors have no idea what AI is," Cramer said on "Mad Money." "In fairness, the reason they have no idea is because we really haven't even seen anything transformative from the AI camp just yet." Cramer cautioned that it isn't prudent to so quickly dismiss AI bellwethers like chipmaker Nvidia in favor of high-performing refinery and dollar store stocks. "In terms of innings, I don't think the AI game has even started yet," Cramer said. Expanding his baseball metaphor, Cramer said AI is in its batting practice stage but may eventually replace many "undesirable" jobs involving physical labor.

Persons: CNBC's Jim Cramer, Cramer, Jensen Huang Organizations: Nvidia

☆ Enhanced Games Are Olympics With Steroids, Pay; Meet the Founder
▼ + stars: | 2024-03-31 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +14 min

Several countries pay bonuses to medal winners, and high-profile athletes may get brand deals and sponsorships, but many Olympic athletes live quiet lives. AdvertisementD'Souza suggested he received funding for the Enhanced Games in the "single-digit millions" but declined to specify the amount. So far, it's unclear what kind of talent Enhanced Games will attract. He said that at the Enhanced Games, athletes would get comprehensive health checkups to monitor the effects of "whatever enhancement protocols" they're on and ensure they're fit to compete. D'Souza said he planned to announce more details about the Enhanced Games this summer — right around the Paris Olympics.

Persons: Aron D'Souza, gymgoers, D'Souza, Thomas Bach, Bach, Uber, Christian, Christian Angermayer, Balaji Srinivasan, Coinbase's, Peter Thiel, Angermayer, Srinivasan, Thiel, Hulk, Charles Harder, Harder, didn't, Sargon, Peter, VCs, Thiel hasn't, he's, James Magnussen, James, he'd, Marta Nawrocka, BI's Gabby Landsverk, Jim Walden, Grigory Rodchenkov, it's, who'd Organizations: International, Olympic, IOC, West Germany's Olympic, The New York Times, Business, Apeiron Investment, University of Melbourne, Gawker Media, BuzzFeed, Gawker, Abrams, Australian Financial, US, Doping Agency, UFC, Drug Free, NFL, NBA, MLB, Testing Agency, ITA, CNN, FBI, Sports, Gaming Initiative, Paris Locations: Miami, Lausanne, Switzerland, Oxford, Australian, Russia

☆ Sports Leagues Bet on Gambling. Now They’re Facing Its Risks.
▼ + stars: | 2024-03-30 | by ( Lauren Hirsch | Ephrat Livni | ) www.nytimes.com time to read: +1 min

The incidents have highlighted a trade-off that professional sports leagues made when they embraced gambling. Leagues have signed lucrative marketing deals with betting apps like FanDuel and DraftKings and use gambling to amp up fan engagement. “The risk is that the game becomes like professional wrestling — which is rigged. And nobody bets on professional wrestling,” said Fay Vincent, the M.L.B. “And if baseball becomes professional entertainment the way wrestling is, it’s dead.”

Persons: ”, Fay Vincent Organizations: Major League Baseball, National Basketball Association, Leagues

ROGA members commit to work together on issues ranging from education, responsible gaming best practices, conscientious advertising and marketing across the industry. Justin Sullivan | Getty ImagesROGA says it will create a certification program to assess members' responsible gaming efforts and provide an incentive for operators to participate. Problem gamblingAn estimated 2 million U.S. adults meet the criteria for a severe gambling problem, according to the National Council on Problem Gambling. Another 5 million to 8 million U.S. adults are considered to have a mild or moderate gambling problem. Problem gambling prompted regulatory crackdowns in Europe and especially in the United Kingdom over the last couple years, impacting sportsbooks' profitability and changing the way they conduct business.

Persons: —, Jennifer Shatley, ROGA, Justin Sullivan, Shohei Ohtani, Ohtani, he's, Jontay Porter, There's, Paul Tonko, Tonko, PrizePicks, FanDuel, Milton Thompson, CNBC it's, it's, Silquia Patel, Eduardo Munoz Organizations: MGM PENN, Penn Entertainment, Online Gaming Association, D.C, Super, Los Angeles Dodgers, NBA, Toronto Raptors, Integrity, Temple University, National Council, . Rep, CNBC, DraftKings, Indiana Gaming, Caesars, American Gaming Association Locations: BetMGM, United States, Washington, Europe, United Kingdom, New York, Indiana, Rhode, Kentucky, East Rutherford , New Jersey, U.S

☆ Chen Xuyuan: China sentences ex-soccer chief to life in prison in latest crackdown on sports corruption
▼ + stars: | 2024-03-26 | by ( Chris Lau | ) edition.cnn.com time to read: +3 min

The ex-soccer chief, Chen Xuyuan, was jailed on Tuesday alongside multiple senior sporting executives, according to state media, following a months-long investigation. Five years later, the Chinese soccer association unveiled a plan to make the country a “world football superpower” by 2050. The Chinese men’s soccer team currently sits third in its FIFA World Cup qualify group, with four points, behind group leader South Korea, and second placed Thailand. Last Thursday, the team drew 2-2 with city-state Singapore, in a major blow to the country’s World Cup 2026 dream. The two sides face off again, on Tuesday, in what is being billed as a crunch match for underperforming China.

Persons: Chen Xuyuan, Xi, Chen, Yu Hongchen, Li Tie, “, ”, Chen Yongliang, Yu, Dong Zheng Organizations: Hong Kong CNN, league, Chinese Super League, Winter, men’s, soccer, FIFA World, South Locations: Hong Kong, Chinese, Hubei, Huangshi, China, South Korea, Thailand, Singapore

☆ America’s largest companies are fueling inequality, says new study
▼ + stars: | 2024-03-26 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

About 90%, or $1.1 trillion, of that profit went to shareholders through stock buybacks and dividend payments, according to new research from anti-poverty organization Oxfam International. At the same time, the study found, only 10 of those 200 companies have made public statements in support of paying a living wage. For some of those companies, the average CEO-to-worker pay ratio is now above 1,500 to 1, the nonprofit confederation found. Oxfam’s study found that on average, pharmaceutical companies paid just 11.6% in taxes in 2022 (that’s down from 11.8% in 2021). Trump Media generated just $3.4 million of revenue through the first nine months of last year, according to SEC filings.

Persons: —, we’ll, ”, Irit Tamir, Joe Biden, Donald Trump, Matt Egan, Devin Nunes, Dave Calhoun, Chris Isidore, Calhoun, Max Organizations: CNN Business, Bell, New York CNN, CME, Oxfam International, Oxfam, Corporations, Institute for Policy Studies, Tax, Truth Social, Trump Media, Trump Media & Technology Group, Corp, Digital, Trump, Nasdaq, Big Tech, ”, overvaluing Trump Media, SEC, Twitter, CNN, Boeing, CNBC, Alaska Airlines, Max Locations: New York, United States

☆ Trump is just 3 weeks from becoming the first ex-president to go on trial
▼ + stars: | 2024-03-25 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Yet the moment that history is likely to remember most clearly unfolded in a Manhattan courtroom where Trump sat seething as a judge thwarted his latest delaying tactics and set a date for his hush money trial. Of course, it’s also possible that Trump could be acquitted in this criminal case. It is a mark of the depth of Trump’s legal hole that a reduced requirement to post a bond worth $175 million counts as a big win. Already clashing with another judgeTurning to Judge Juan Merchan, who took the gloss off of the ex-president’s day by scheduling the trial date, Trump issued another bitter complaint. Trump’s looming criminal trial presents a challenge and an opportunity for the Biden campaign.

Persons: Donald Trump staved, Trump, it’s, Stormy Daniels, isn’t, ” Trump, ”, he’d, he’ll, Arthur Engoron, Letitia James, “, Juan Merchan, Attorney Alvin Bragg, ” Ryan Goodman, CNN’s Erica Hill, Jack, Fani Willis, Willis, Aileen Cannon, Biden, Nikki Haley, she’s, Joe Biden, Trump’s, “ Donald Trump, James Singer, Donald Trump, –, Merchan, ” Merchan Organizations: CNN, Trump, New York, ”, Manhattan, Attorney, Department of Defense, Fulton, GOP, South Carolina Gov, Biden, Arab American, Israel, Engoron, Monday Locations: Manhattan, New York, Fulton County, Georgia, Lago, Florida, Trump, Atlanta, Michigan, Gaza, York

☆ How Donald Trump, Joe Biden and grassroots liberals could upend Democratic politics in one of the country’s bluest states
▼ + stars: | 2024-03-24 | by ( Gregory Krieg | ) edition.cnn.com time to read: +17 min

Menendez announced Thursday that he would not run for reelection in the Democratic primary but again left open the possibility of an independent bid this summer. New Jersey Rep. Andy Kim greets supporters outside the Bergen County Democratic convention in Paramus on March 4, 2024. “Corrupt systems like the ‘county line’ in New Jersey (is) an enemy because that dissuades folks from actually getting involved. Kim speaks to delegates during the Bergen County Democratic convention in Paramus, New Jersey, on March 4, 2024. In Camden County, where the local boss keeps a tighter grip, video of another Senate candidate, progressive Patricia Campos-Medina, being blocked from entering the county Democratic convention went viral.

Persons: Andy Kim, Donald Trump, Joe Biden, Tammy Murphy, Kim, Murphy, Sen, Bob Menendez, Menendez, Phil Murphy, Seth Wenig, Olivia Liu, –, Trump, ”, Julia Sass Rubin, Rubin, ” Rubin, Sue Altman, ” Altman, Goldman Sachs, Cori Bush, Ezra Levin, Levin, ” Levin, isn’t MAGA, don’t, we’ll, Altman, Zahid Quraishi’s, ” “ I’m, ” Kim, “, Kim’s, Alexandra Altman, Katey Sabo, Matt Platkin, Platkin, Governor Murphy, ” Murphy, Mahen Gunaratna, Patricia Campos, Rachel Hodes, ” Hodes, Steven Fulop, ” Fulop, “ I’ve Organizations: Jersey City , New Jersey CNN, Democratic, Garden State, Democrats, Capitol, New, . New, . New Jersey Rep, Bergen County Democratic, Tammany Hall of, New Jersey Democratic, ”, Asbury Park Press, USA, Though New, Though New Jersey Democrats, Congressional, Democratic National Committee, Justice Democrats, Democratic Party, Families Alliance, CNN, –, Hoboken Democrats –, Hudson County Democratic Organization, Hoboken Democratic, Hoboken Democrats, Jersey City, Senate, New Jersey Republicans Locations: Jersey City , New Jersey, Trenton, South Jersey, New Jersey, Garden, ., . New Jersey, Bergen County, Paramus, Siberia, Long Branch , New Jersey, Rutgers, enmesh, Though, Though New Jersey, Alexandria, Cortez, New York, Missouri, Paramus , New Jersey, Jersey, Kim’s, Morris, Atlantic, Camden County, Medina, Hoboken

☆ House passes bill to bar data brokers from selling sensitive personal information to U.S. adversaries
▼ + stars: | 2024-03-20 | by ( Chelsey Cox | ) www.cnbc.com time to read: +2 min

Representative Cathy McMorris Rodgers (R-WA), chair of the House Energy and Commerce Committee speaks during the hearing with TikTok CEO Shou Zi Chew before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill on March 23, 2023 in Washington, DC. Rodgers and Pallone, the respective chair and ranking member of the Energy and Commerce Committee, introduced the bill to prohibit data brokers from selling sensitive data to certain countries in March. The strong showing "should help build momentum to get this important bipartisan legislation, as well as more comprehensive privacy legislation, signed into law this Congress," the lawmakers said. The bill bans organizations that profit from selling personal data, known as data brokers, from making data accessible to a foreign adversary country or entities controlled by adversaries. The legislation follows earlier efforts by the Biden administration to hold data brokers who sell highly sensitive information more accountable by bolstering the Fair Credit Reporting Act.

Persons: Cathy McMorris Rodgers, Shou Zi Chew, Frank Pallone, Rodgers, Pallone, Biden Organizations: House Energy, Commerce, WASHINGTON, Wednesday, Energy, Federal Trade Commission Locations: Rayburn, Washington , DC, United States, China, Iran, North Korea, Cuba, Russia, Venezuela, American, TikTok, U.S

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