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Donald Trump faced boos and heckles at the Libertarian National Convention Saturday night. Trump said he would commute the sentence of the founder of Silk Road, a the drug-selling website. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump battled through boos and heckles as he addressed the Libertarian National Convention on Saturday night.
Persons: Donald Trump, Joe Biden, Trump, , MAGA Organizations: Libertarian, Convention, Silk, Service, Washington Hilton, Business Locations: Washington ,, USA
Justice Samuel Alito has faced criticism for displaying pro-Trump flags at his properties. The incidents would disqualify him from Jan. 6 cases in a lower court, but SCOTUS rules are more lenient. SCOTUS's code of ethics is "merely performative," a legal ethics professor told BI. AdvertisementSupreme Court Justice Samuel Alito has been under fire for displaying pro-Trump flags outside his properties. The flags would have disqualified him from working on January 6 cases if he were on a lower court because SCOTUS's rules are "merely performative," a legal ethics professor told Business Insider.
Persons: Samuel Alito, SCOTUS, , Doron Kalir Organizations: Trump, Service, Cleveland State University, Business
Read previewThe Chinese armed forces began conducting large-scale military exercises around Taiwan on Thursday, just days after the island's newly elected president Lai Ching-te took office. Taiwan's defense ministry posted a video condemning Chinese actions, as well as showing the various locations around it where Chinese forces are operating. The CCP’s military exercises, which highlight its hegemony mindset, have undermined regional peace and stability. An outdoor screen shows a news coverage of China's military drills around Taiwan, in Beijing on May 23, 2024. Taiwanese soldiers stand guard as flares are fired during a Taiwanese military live-fire drill, after Beijing increased its military exercises near Taiwan, in Pingtung, Taiwan, 6 September 2022.
Persons: , Lai Ching, It's Organizations: Service, Business, Coast Guard, Navy, ROC Armed Forces, 國防部 Ministry of National Defense Locations: Taiwan, China, Beijing, Taiwan's
A rescue team works following the crash of a helicopter carrying Iranian President Ebrahim Raisi, in Varzaqan, East Azerbaijan Province, Iran, on May 20. West Asia News Agency/ReutersThe chief of staff for the late Iranian President Ebrahim Raisi has revealed new details about the hours after the presidential helicopter went missing. "However, the president's helicopter, which was flying between the two others, suddenly disappeared," Esmaili added, as cited by Mher news. The pilot circled around to search for the president's helicopter, he said. "Pilots of the two other helicopters had contacted Captain Mostafavi, who was in charge of the president's helicopter," he said.
Persons: Ebrahim Raisi, Gholam Hossein Esmaili, Esmaili, Raisi's, Esmail, Hossein Amir Abdollahian, Mostafavi, Mohammad Ali Alehashem, Alehashem Organizations: West Asia News Agency, Reuters, Iran's, Mehr, Mehr News, Iranian, Pilots Locations: Varzaqan, East Azerbaijan Province, Iran, Azerbaijan, Varzeghan —, Abdollahian
Trump's proposed tariffs could cost Americans $500 billion annually, a think tank estimated. The cost of tariffs is often passed onto consumers as producers raise prices. A 10% tariff on imports could cost households an extra $1,500 a year, researchers say. Researchers at the Peterson Institute warned Trump's planned taxes on imports could end up being a huge burden on working-class Americans. That's about five times the cost of Trump's tariffs in 2018, when he imposed taxes on imports of steel, aluminum, and other goods.
Persons: Trump's, , Donald Trump Organizations: Service, Washington DC, Peterson Institute, Business
President Joe Biden and Democrats have tried unsuccessfully to restore nationwide abortion rights since the Supreme Court issued its landmark reversal of Roe in 2022. AdvertisementHogan's position makes him one of the few prominent Republicans to support abortion rights. When he first announced his Senate run, Hogan initially said he needed to think more about his position on abortion rights. Democrats have already placed abortion rights on the Florida ballot this November. No Republican Senate is going to make a serious effort to codify Roe, given the party's near-universal support to restrict abortion rights.
Persons: , Larry Hogan, Roe, Hogan, Wade, he's, Joe Biden, Angela Alsbrooks, Alsobrooks, David Trone, Susan Collins of, Lisa Murkowski, codifying Roe, Donald Trump, Mitch McConnell, Court's Dodds, hasn't, it's, Trump Organizations: Service, Maryland Gov, GOP, Democrats, Business, Prince, Wine, Republicans, Press, Senate, Biden, Republican Senate Locations: Prince George's County, Susan Collins of Maine, Alaska, Maryland, Florida, Arizona
Biden's political operation announced on Tuesday in a press release that the combined campaign, joint fundraising committees and the Democratic National Committee raised $51 million in April. Trump and the Republican National Committee recently announced they raised $76 million last month. Excluding any money from the RNC or any PACs, Trump's campaign committee reported raising $9.4 million in April. Biden's campaign committee raised $24.2 million in the same time period, according to new FEC filings released late Monday night. The event raised over $50 million shared between the Trump campaign, the RNC, his political action committee Save America and over a dozen state parties, according to the Trump campaign and the RNC.
Persons: Donald Trump, Joe Biden, Biden's, John Paulson's, Trump, Biden, Trump's Organizations: U.S, Republican, New, Democratic National Committee, Trump, Republican National Committee, Biden, Federal, Commission, RNC, Wall Street, White Locations: New Hampshire, Rochester , New Hampshire, U.S, New York, Florida, Manhattan
Continental Resources donated $1 million to the super PAC in April, according to Federal Election Commission records. A spokeswoman for both Continental Resources and Hamm, its executive chairman, did not respond to a request for comment. All seven wells have been active since 2011, just two years after Burgum's family signed an agreement with Continental Resources. The Burgum Farm Partnership LLP, which oversees the family farm land in Williams County and Cass County, is worth between $500,001 and $1 million, according to the financial disclosure. Doug Burgum is a managing partner of the Burgum Farm Partnership, and he signed the businesses' latest annual report in March.
Persons: Donald Trump, Doug Burgum, Vivek Ramaswamy, Jabin, Harold Hamm, Burgum, Theodore Roosevelt, Sen, Marco Rubio, Rubio, Trump, Hamm, Bradley Burgum, Mike Nowatzki, Nowatzki, Burgum's, He's, Barbara, Edward Hirs, Brandon Bell, Jack Balagia, Ryan Kellog, Kellog, Ted Borrego, , Virginia Canter, Canter, Chip Somodevilla, he's, Kathryn, Dan Eberhart, Eberhart, Leah Millis Organizations: North Dakota Gov, Margate, Washington Post, Continental Resources, Trump White House, CNBC, Trump, Republican, Trump that's, Inc, Commission, Continental, Federal, North Dakota's Minerals Department, Drilling, LLP, University of Houston, Getty, University of Texas, Exxon Mobil, University of Chicago, University of Houston Law Center, Trump White, North, Canter . North, Burgum Locations: Laconia, NH, Hamm, North Dakota, Williams County, Burgum, Fla, Florida, Dakota, North, Brooklyn, Cass County, Fort Stockton , Texas, Washington, Canter ., Canter . North Dakota, Laconia , New Hampshire, Continental Resources . North Dakota, Pittsburgh , Pennsylvania, U.S
The video envisages an economic boom, the deportation of migrants, and tax cuts if Trump wins. The Trump campaign claimed the video was shared by a staffer who didn't see the reference to the "unified Reich" before posting it. President Joe Biden's campaign campaign said the post was "foreshadowing a second Trump term that says he will create a 'UNIFIED REICH,' echoing Nazi Germany." In 2016, Trump shared a quote by Italian fascist dictator Benito Mussolini, an ally of Hitler, on X, then called Twitter. The Trump campaign at the time said that critics were "snowflakes grasping for anything" in response to the controversy.
Persons: , Donald Trump's, what's, Trump, Karoline Leavitt, Joe Biden, Joe Biden's, Donald Trump, James Singer, Benito Mussolini, Hitler, Biden Organizations: Service, Trump, Business, ABC News, Associated Press Locations: America, Trump's New York, Nazi Germany, Italian, American
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew Taiwanese president's 'main focus is domestic': Eurasia GroupRick Waters, managing director of China practice at Eurasia Group, discusses new Taiwanese president Lai Ching-te's inauguration and what it means for U.S.-China relations.
Persons: Rick Waters, Lai Ching Organizations: Eurasia, Eurasia Group, U.S Locations: China
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAs Donald Trump's criminal hush-money trial nears the end, the former president's defense team plans to call at least one witness — an ex-commissioner of the Federal Election Commission who's getting a whopping $1,200 an hour. Smith does not appear to be quoted in media coverage of Trump's hush-money case. Related storiesThe judges in both cases found that the defense improperly wanted Smith to interpret campaign finance law to the jury. AdvertisementIn putting Smith on the stand, Trump's defense team hopes to challenge the prosecution's argument that the hush-money payment breached those laws.
Persons: , Donald, Commission who's, Bradley Smith —, Smith, he'd, Trump, Juan Merchan, Bill Clinton, Bradley Smith, Douglas Graham, Sam Bankman, Suarez, Trump —, Eli Bartov, Arthur Engoron, Engoron, Stormy Daniels, Michael Cohen, Cohen, Daniels, Melania Trump Organizations: Service, Commission, Republican, Business, New, Save America PAC —, New York University, The Manhattan, Attorney's, Prosecutors, Trump Locations: Trump's, Manhattan, States
Read previewSome NATO countries are encouraging their allies to be bolder when it comes to sending their own soldiers to Ukraine. Many NATO countries have aided Ukraine since Russia launched its full-scale invasion in February 2022, by providing weaponry and training of troops. However, some Western and Ukrainian officials believe that training Ukrainian soldiers on their own territory would be more efficient, the FT reported. Instructors from the Norwegian Home Guard train alongside Ukrainian soldiers in Norway in August 2023. Kallas said that even if NATO soldiers were attacked by Russia while in Ukraine, it wouldn't automatically trigger Article 5, NATO's collective defense clause.
Persons: , Kaja Kallas, Jonathan Nackstrand, Kallas, It's, Volodymyr Zelenskyy, Kaja, Andrew Kravchenko Kallas, Emmanuel Macron, Macron, Antoine Gyori, Ingrida Šimonytė Organizations: Service, NATO, Business, Financial Times, Norwegian Home Guard, Getty, Ukraine, Estonia's, AP, Russia, Kremlin Locations: Ukraine, Russia, Estonia, Norway, AFP, Europe, Zhytomyr, France, Western, Lithuanian
Read previewIranian President Ebrahim Raisi has died after a helicopter crash in northwestern Iran, multiple news agencies reported, citing Iranian state media. Interior Minister Ahmed Vahidi told IRNA, Iran's state-run news agency, that a helicopter carrying Raisi and other senior Iranian officials was forced to make a "hard landing" on Sunday, without providing further details. Related storiesIran's foreign minister, the governor of Iran's East Azerbaijan province, and other officials were also on board the helicopter. Raisi is considered a "hard-liner" and a "protégé" of Iranian Supreme Leader Ayatollah Ali Khamenei. Raisi has led Iran through heightened tensions in the region, including the conflict between Israel and Hamas in Gaza.
Persons: , Ebrahim Raisi, Ahmed Vahidi, IRNA, Mohammad Mokhber, Al, Mokhber, Raisi, Ayatollah Ali Khamenei Organizations: Service, Business, Raisi, Associated Press, Iranian, United, United States Institute of Peace Locations: Iran, Iran's, Iran's East Azerbaijan province, Azerbaijan's, Al Jazeera, Israel, Gaza, Iranian, Damascus, United States, Russia, Ukraine
The witness, attorney Robert Costello, was called by the defense to attack the credibility of key prosecution witness Michael Cohen. Within minutes of taking the stand, Costello was in open conflict with New York Supreme Court Justice Juan Merchan, the judge presiding over the case. "If you don't like my ruling you don't say 'Jeez," you don't give me side eye, and you don't roll your eyes," the judge scolded. "You don't say 'strike it,'" the judge told the witness, adding that it's his job, not the witness' to strike testimony. Bove could not instigate a "trial within a trial," the judge ordered, by asking Costello questions beyond this limited topic.
Persons: , Donald Trump's, Robert Costello, Michael Cohen, chafed, Costello, Juan Merchan, Merchan, Costello glared, Trump, Robert Balin, Emil Bove, Cohen —, Rudy Giuliani, Cohen, Cohen's, Bove, Costello audibly, Stormy Daniels, Blanche, Daniel Citco Organizations: Service, Business, New York, Trump, Manhattan District, Republican Locations: Nassau County, New
HSBC discusses new Taiwan president's inaugural address
  + stars: | 2024-05-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTaiwan's new president delivers his inaugural address, HSBC discusses potential market impactTaiwan's new president Lai Ching-te discusses Taiwan-China relations during his inaugural speech. James Cheo, HSBC Global Private Banking and Wealth, CIO, Southeast Asia, breaks down its impact on markets.
Persons: Lai Ching, James Cheo Organizations: HSBC, HSBC Global Private Banking, Wealth Locations: Taiwan, China, Southeast Asia
Read previewIn January 2025, Donald Trump may be sworn into office as the 47th President of the United States. Another Trump term, on the other hand, would likely entail a radical reversal from not just the previous four years, but even from Trump's first term in office. While not exhaustive, here's just some of what to expect in a second Trump administration. Miller told The New York Times that a second Trump administration would build "vast holding facilities that would function as staging centers" on "open land in Texas near the border." According to Bloomberg, Trump wants to extend those cuts in a second term.
Persons: , Donald Trump, Joe Biden, Biden, Trump, Trump's, That's, mifepristone, Stephen Miller, Miller, Alex Wong, Nixon, shouldn't, he's, Israel, there's Organizations: Service, Business, Trump, The New York Times, Heritage Foundation's, Senate, Federal Communications Commission, Federal Trade Commission, Federal Reserve, Congress, TIME, Republican, National Guard, United, Department of Justice, Capitol Police, Atlantic Treaty Organization, State Department, Pentagon, Bloomberg, American, Security, Social Security, CNBC Locations: United States, Texas, CPAC, China, Ukraine, Gaza, Israel, Europe, Washington ,
Iranian President Ebrahim Raisi speaks during a meeting with the cabinet in Tehran, Iran, October 8, 2023. Iranian President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian died in a helicopter crash, state media reported Monday. Iranian state television reported there was "no sign of life" at the crash site of the helicopter that carried Raisi, Amirabdollahian, and others. "All the passengers of the helicopter carrying the Iranian president and foreign minister were martyred," semi-official news agency Mehr News reported. "The overall outline of Iranian foreign policy is not likely to change significantly."
Persons: Ebrahim Raisi, Hossein Amirabdollahian, Ali Ahmadi, CNBC's, Raisi, Malik Rahmati, Affairs Mohsen Mansouri, Pirhossein Koulivand, Ayatollah Khamenei Organizations: Mehr News, FARS News Agency, Geneva Center for Security, Communication, Affairs, Iran's Revolutionary Guards Corps Locations: Tehran, Iran, FARS, Azerbaijan Republic, Iran's, East Azerbaijan's, Tabriz, Turkey, Russia
Read previewA helicopter carrying Iranian President Ebrahim Raisi and other senior Iranian officials "crashed upon landing" on Sunday, Iranian state media reported, without providing further details. The state-run Islamic Republic News Agency (IRNA) said President Raisi was returning from a ceremony to open a dam on Iran's border with Azerbaijan when his helicopter crashed upon landing. Iran's Foreign Minister Hossein Amirabdollahian, the governor of Iran's East Azerbaijan province, Malik Rahmati, and other officials were on board the helicopter, the state-run IRNA news agency reported. Video footage from the crash site reveals the state of the weather conditions. AdvertisementUPDATE - First images of #Iran president's helicopter's area of crash landing, weather conditions unfavourable for flying, search and rescue efforts underway.
Persons: , Ebrahim Raisi, Raisi, Hossein Amirabdollahian, Malik Rahmati, IRNA, UMQ1tVZzw0, Ali Khamenei Organizations: Service, Republic News Agency, Business, Iranian, Associated Press, Nagorno Karabakh Observer, Iran's Locations: Azerbaijan, Jolfa, Tehran, Iran's, Iran's East Azerbaijan, Iran, Nagorno, Iran's East Azerbaijan province, Iraq, Israel
Donald Trump hinted at extending his presidency for a third term at an National Rifle Association meeting. The speech ended with a pessimistic monologue from Trump set against dramatic music. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump hinted at extending his stay in the White House to a third term if he wins in November. Speaking to a crowd at the National Rifle Association (NRA) annual meeting in Dallas on Saturday, he said: "You know, FDR 16 years — almost 16 years — he was four terms.
Persons: Donald Trump, Trump, Organizations: National Rifle Association, Service, FDR, Business Locations: Dallas
Donald Trump's hush-money trial is proving beneficial for professional line-sitting businesses. Limited courtroom spots and long wait times are driving the demand for their services. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump's hush-money trial at Manhattan's criminal court isn't being televised, and with limited spots inside the courtroom for the public and media, seats are given out on a first-come-first-served basis. Professional line sitters, who will wait in line so you don't have to, have been cashing in on the former president's trial.
Persons: Donald Trump's, , isn't, Trump, Stormy Daniels Organizations: Service, Business
Michael Cohen has been one of Donald Trump's closest associates for years. "What I was doing, I was doing at the direction of and benefit of Mr. Trump," Cohen testified. AdvertisementMichael Cohen was once so loyal to former President Donald Trump that he vowed "to take a bullet" for him. "It means that if somebody does something Mr. Trump doesn't like, I do everything in my power to resolve it to Mr. Trump's benefit," Cohen told ABC News in a 2011 interview. "If you do something wrong, I'm going to come at you, grab you by the neck, and I'm not going to let you go until I'm finished."
Persons: Michael Cohen, Donald Trump's, Trump, Cohen, , Donald Trump, He's, Trump's, I'm Organizations: Service, Manhattan, ABC News, Business
Associate Justice Samuel Alito poses during a group photo of the Justices at the Supreme Court in Washington, April 23, 2021. The chair of the Senate Judiciary Committee on Friday urged Supreme Court Justice Samuel Alito to recuse himself from considering cases related to the 2020 election, including the question of former President Donald Trump's immunity from criminal prosecution, because of controversy over an upside-down U.S. flag that flew outside Alito's home after the election. "Flying an upside-down American flag — a symbol of the so-called 'Stop the Steal' movement — clearly creates the appearance of bias," said Durbin, the Illinois Democrat who heads the Judiciary Committee. "Justice Alito should recuse himself immediately from cases related to the 2020 election and the January 6th insurrection, including the question of the former President's immunity in U.S. v. Donald Trump, which the Supreme Court is currently considering," Durbin said in a statement. "The Court is in an ethical crisis of its own making, and Justice Alito and the rest of the Court should be doing everything in their power to regain public trust."
Persons: Samuel Alito, Donald Trump's, Sen, Dick Durbin, Alito, Durbin, Donald Trump, Justice Alito Organizations: New York Times, Illinois Democrat, Committee Locations: Washington, Virginia
U.S. President Joe Biden delivers remarks while meeting with the Joint Chiefs and Combatant Commanders in the Cabinet Room of the White House May 15, 2024 in Washington, DC. WASHINGTON — President Joe Biden has asserted executive privilege over an audio recording of his interview with special counsel Robert Hur, the Republican federal prosecutor who declined to recommend charges against the president over his handling of classified documents. White House counsel Ed Siskel notified Reps. James Comer and Jim Jordan of the decision in a letter on Thursday. The decision came after Attorney General Merrick Garland recommended that Biden assert executive privilege. Biden defended his memory, and Garland later said it would be "absurd" for him to have tried to block Hur's language about the president's memory.
Persons: Joe Biden, Robert Hur, Ed Siskel, James Comer, Jim Jordan, General Merrick Garland, Biden, Carlos Felipe Uriarte, Garland, Hur, Donald Trump Organizations: Joint Chiefs, WASHINGTON, Republican, Department, House Judiciary, White, Republicans Locations: Washington , DC
Read preview16 House Democrats on Thursday voted for a bill designed to force President Joe Biden to provide all military aid to Israel — or risk the defunding of crucial national security-related offices. AdvertisementRepublicans in particular have sought to hit Biden for that move, including Rep. Cory Mills of Florida, a Republican who voted against Israel aid but has now introduced articles of impeachment against Biden for withholding that aid. AdvertisementSince October 7, the House has taken a variety of Israel-related votes that have split House Democrats, including one that equated anti-Zionism with antisemitism and another that was designed to crack down on campus antisemitism but faced free speech-related criticism. Last month, 37 House Democrats voted against a bill to provide the military aid to Israel that Biden is now partially withholding. Here are the 16 House Democrats who voted for the bill:
Persons: , Joe Biden, Israel —, Thomas Massie of, Marjorie Taylor Greene, Warren Davidson, Ohio —, Biden, Cory Mills, I'm, nothing's, Jared Golden of, Greg Landsman, Ohio Organizations: Service, Democrats, Business, Republicans, Democratic, Republican, Department, Pentagon, Defense, State, National Security Council, White, . Jewish Democrats Locations: Thomas Massie of Kentucky, Marjorie Taylor Greene of Georgia, Ohio, Israel, Rafah, Gaza, Cory Mills of Florida, Jared Golden of Maine
TradeBiden has left some of Trump's tariffs in place, illustrating the protectionist bent that continues to take hold in Washington. Biden has left some of Trump's tariffs in place, illustrating the protectionist bent that continues to take hold in Washington. As president, Trump fixated on the US trade deficit even as some economists argued against reading too much into such figures. He didn't see the fruits of his biggest trade deal, which went into effect in July 2020: the USMCA, a revamped North American trade deal known Experts at Brookings Institution have praised the treaty for growing regional trade. Trump has pledged to kill the Biden administration's new Asian trade talks, which the former president has dubbed "TPP two."
Persons: Biden, Niels Wenstedt, Trump, Katherine Tai, Sen, Elizabeth Warren, Barack Obama Organizations: BSR Agency, Getty, Republican Party, American Free Trade, World Trade Organization, Big Tech, Trump, Bloomberg News, Brookings Institution, TransPacific, US, Biden, Politico Locations: Washington, China, American, Mexico, Beijing
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