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☆ Biden and Trump campaigns agreed to mic muting, podiums among rules for upcoming CNN debate
▼ + stars: | 2024-06-15 | by ( Cnn Staff | ) edition.cnn.com time to read: +2 min

CNN —With less than two weeks until the first presidential debate of the 2024 election cycle, CNN has released additional details on the parameters agreed upon by the Trump and Biden campaigns. Both candidates agreed to appear at a uniform podium, and their podium positions will be determined by a coin flip. In order to meet CNN’s qualifications for the debate, candidates must satisfy the requirements outlined in Article II, Section 1 of the US Constitution to serve as president. Both Biden and Trump meet those requirements, as do Robert F. Kennedy Jr., Cornel West and Jill Stein, who are running on non-major-party tickets. Though not impossible in Kennedy’s case, it is less likely that candidates other than Biden and Trump will meet those requirements.

Persons: CNN’s Jake Tapper, Dana Bash, Joe Biden, Donald Trump, Robert F, Kennedy Jr, Cornel West, Jill Stein, Trump, Kennedy Organizations: CNN, Trump, Biden, Federal, Commission, ABC News, CBS News, Fox News, Marquette University Law School, Monmouth University, NBC News, The New York Times, Siena College, NPR, PBS, Marist College, Quinnipiac University, The, Street, The Washington Post, Electoral Locations: Atlanta

☆ The F.B.I. Kept a File on My Father That Has Made His Family Proud - The New York Times
▼ + stars: | 2024-06-15 | by ( Samuel G. Freedman | ) www.nytimes.com time to read: +1 min

On an otherwise pleasant day in May 1957, my father received two unwelcome visitors at his tool-and-die factory. The agents intended to use that information as leverage to turn my father, too, into a snitch. Having grown up hearing family stories about my father’s lifelong radical politics, Aaron put through a Freedom of Information Act request for the F.B.I. That file is a reminder of what I inherited from him — not just his politics, but the convictions that they were built on. Dad would have been a logical enough target of scrutiny of J. Edgar Hoover’s F.B.I.

Persons: Aaron, David Freedman, —, Carol, Ken, Paul Avrich, Edgar Hoover’s F.B.I Organizations: Communist Party Locations: Highland Park, N.J, Piscataway

☆ U.S. Investigating ‘Dutch Roll’ That Damaged a Boeing 737 During Flight
▼ + stars: | 2024-06-14 | by ( Remy Tumin | Niraj Chokshi | ) www.nytimes.com time to read: +1 min

The plane, a Boeing 737 Max 8, was flying at an altitude of 34,000 feet from Phoenix to Oakland, Calif., around 8 a.m. Pacific time on May 25 when the flight crew members said they experienced what is known as a Dutch roll, the N.T.S.B. A Dutch roll is “a coupled oscillation” that creates simultaneous side-to-side and rocking motions, producing a figure-8 effect. The phenomenon is believed to have been named by an aeronautical engineer who compared it to a traditional ice skating technique made popular in the Netherlands. If unaddressed, the wobbling can become more exaggerated, creating a dangerous feedback loop. “It’s a weird movement of the airplane, an oscillation that, if not dampened or stopped, could continue to get worse and worse,” said Jeff Guzzetti, a former accident investigator for the F.A.A.

Persons: ”, Jeff Guzzetti, “ Organizations: Southwest Airlines, Federal Aviation Administration, National Transportation Safety Board, Boeing Locations: Phoenix, Oakland, Calif, Netherlands

☆ The Supreme Court Rejected the Ban on Bump Stocks
▼ + stars: | 2024-06-14 | by ( Justin Porter | ) www.nytimes.com time to read: +1 min

The Supreme Court today struck down a ban on bump stocks, which enable semiautomatic rifles to fire rapidly like machine guns. The ban was enacted by the Trump administration after a deadly mass shooting in Las Vegas in 2017. The decision, by a vote of 6 to 3, split along ideological lines. Justice Sonia Sotomayor filed a dissent along with two other judges, saying the decision “puts machine guns back in civilian hands.” President Biden urged Congress to act to ban the device. The man who challenged the bump stock ban, a gun shop owner in Texas, said that the ruling was a broader victory for gun rights and that it would make it easier to challenge future attempts by the A.T.F.

Persons: Trump, Clarence Thomas, Sonia Sotomayor, ”, Biden Organizations: Alcohol, Tobacco, Firearms, Explosives Locations: Las Vegas, Texas

☆ The Most Important Man in Germany This Month Is Its Soccer Coach
▼ + stars: | 2024-06-14 | by ( Rory Smith | Christopher F. Schuetze | ) www.nytimes.com time to read: +1 min

A little more than a week before the start of this summer’s European soccer championship, one of Germany’s national broadcasters aired a documentary examining the national team’s history through its multiculturalism. Or, rather, the lack of it. While the thrust of the film, “Unity and Justice and Diversity,” focused on the progress that Germany had made, it has reverberated inside the country, and beyond, for a very different reason. Joshua Kimmich, a senior member of Germany’s national team, described the survey as racist. The German chancellor, Olaf Scholz, declared, “We will not allow ourselves to be divided.” They, and many others, focused not on the findings but on the decision to ask the question in the first place.

Persons: ”, Philipp Awounou, Joshua Kimmich, Olaf Scholz, “ Organizations: Justice, ARD, German national Locations: European, Germany

☆ A new plane Ukraine is getting will amplify its F-16s and eat into Russia's advantage in the air, experts say
▼ + stars: | 2024-06-14 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe arrival of a new type of aircraft for Ukraine will give it an advantage it's not had before, and will help boost the effectiveness of its promised F-16s, experts told Business Insider. Sweden announced late last month that it is giving Ukraine two ASC 890 airborne control and surveillance aircraft, which act as command centers in the air. They remain highly vulnerableDuring the war, Russia has been using its own A-50 Airborne Early Warning & Control aircraft to monitor Ukraine's air space and coordinate attacks. AdvertisementThe experts said hanging back is also likely the best approach for Ukraine's first F-16s, so the jets can protect cities and infrastructure while staying away from most of Russia's weaponry.

Persons: —, it's, Ukraine Tim Robinson, Pal Jonson, Jose Miguel T, Mark Cancian, Peter Layton, Alexander Zemlianichenko, Layton, Cancian Organizations: Service, Ukraine, Business, UK's Royal Aeronautical Society, Swedish, US Air Force, Marine, Center for Strategic, International Studies, Griffith Asia Institute, Royal Australian Air Force, Control, AP, Aircraft Locations: Ukraine, Sweden, Swedish, Russia, Denmark, Netherlands, Norway, Belgium

☆ House G.O.P. Pushes Through Defense Bill Nixing Abortion Access Policy
▼ + stars: | 2024-06-14 | by ( Robert Jimison | ) www.nytimes.com time to read: +1 min

House Republicans banded together on Friday to narrowly pass an $895 billion defense policy bill that would restrict access to abortion and transgender medical care in the military and eliminate all positions and offices of diversity, equity and inclusion across the Pentagon. The 217-to-199 vote, largely along party lines, reflected a dramatic shift in support for the annual National Defense Authorization Act, normally an overwhelmingly popular bill, since it emerged from a House committee last month with broad bipartisan support. Democrats turned against the bill in droves after Republicans insisted for the second year in a row on loading it with conservative policy dictates. The legislation would provide a 19.5 percent pay increase for the troops, as well as an array of quality-of-life improvements including more generous housing and food allowances for military families and improvements for military housing facilities. “Our adversaries will only be deterred through strength,” he added, and the House bill “ensures our military will continue to project that strength.”

Persons: we’ve, Mike D, Rogers, ” Organizations: Republicans, Pentagon, National Defense, Republican, House Armed Services Committee Locations: Alabama

☆ F.A.A. Investigating How Counterfeit Titanium Got Into Boeing and Airbus Jets
▼ + stars: | 2024-06-14 | by ( Mark Walker | ) www.nytimes.com time to read: +1 min

Some recently manufactured Boeing and Airbus jets have components made from titanium that was sold using fake documentation verifying the material’s authenticity, according to a supplier for the plane makers, raising concerns about the structural integrity of those airliners. The falsified documents are being investigated by Spirit AeroSystems, which supplies fuselages for Boeing and wings for Airbus, as well as the Federal Aviation Administration. The investigation comes after a parts supplier found small holes in the material from corrosion. regarding procurement of material through a distributor who may have falsified or provided incorrect records,” the statement said. “Boeing issued a bulletin outlining ways suppliers should remain alert to the potential of falsified records.”

Persons: Spirit AeroSystems, “, ” Organizations: Boeing, Airbus, Federal Aviation Administration, “ Boeing

☆ Trump Lawyers Argue Barring Attacks on F.B.I. Would Censor ‘Political Speech’
▼ + stars: | 2024-06-14 | by ( Alan Feuer | ) www.nytimes.com time to read: +1 min

Lawyers for former President Donald J. Trump pushed back on Friday night in an aggressive — and at times misleading — way against an effort to curb his public attacks on the F.B.I. In a 20-page court filing, the lawyers assailed prosecutors in the office of the special counsel, Jack Smith, for seeking to limit Mr. Trump’s remarks about the F.B.I. on the eve of two consequential political events: the first presidential debate, scheduled for June 27, and the Republican National Convention, set to start on July 15. “The motion is a naked effort to impose totalitarian censorship of core political speech, under threat of incarceration, in a clear attempt to silence President Trump’s arguments to the American people about the outrageous nature of this investigation and prosecution,” the lawyers wrote. The dispute began last month when Mr. Smith’s team asked Judge Aileen M. Cannon, who is overseeing the case, to revise Mr. Trump’s conditions of release to bar him from making any public remarks that might endanger agents involved in the proceeding.

Persons: Donald J, Trump, Jack Smith, Trump’s, Smith’s, Judge Aileen M, Cannon Organizations: Republican National Convention Locations: Florida

☆ Beatrice Advisors launches to serve millennial and Gen Z investors from diverse backgrounds
▼ + stars: | 2024-06-13 | by ( Robert Frank | ) www.cnbc.com time to read: +6 min

Christina Lewis, founder of Beatrice Advisors, at her home office with a portrait of her father, Reginald Lewis. Her experience and success in forming her own family office and running two foundations has led her to her new venture: a multifamily office aimed at the next generation, targeting people like herself. Lewis’ company, called Beatrice Advisors, aims to change the traditional business of managing the fortunes of the wealthy and inheritors. Beatrice Advisors aims to make education and accessibility paramount since many young inheritors will be new to managing wealth, Lewis said. A growing number of ultra-wealthy families are turning to multifamily offices for generational wealth transitions, given their expertise in family wealth dynamics and governance.

Persons: Christina Lewis, Beatrice, Reginald Lewis, ”, that’s, Lewis, Christina, “, ” Lewis, ” Christina Lewis, Robert Frank, inheritors, Lewis ’, ” “, Meredith Bowen, ” Bowen, Bowen, Reginald F Organizations: Beatrice Advisors, International, Advisors, Cerulli Associates, Disney, Seven Bridges Advisors, Lewis Foundation Locations: American

☆ Former Bank Bailout Watchdog Is Choice to Lead F.D.I.C.
▼ + stars: | 2024-06-13 | by ( Emily Flitter | ) www.nytimes.com time to read: +1 min

Christy Goldsmith Romero, a lawyer who spent more than a decade rooting out fraud and other bad behavior at banks that received federal aid in the wake of the 2008 financial crisis, has been chosen to be the next leader of the Federal Deposit Insurance Corporation, the White House announced on Thursday. Her pick is the first step in President Biden’s quest to quickly replace the current chair, Martin Gruenberg, the bank regulator’s longtime leader who said last month that he would resign in response to reports of vast workplace abuse and harassment at the agency. If the Senate Banking Committee acts quickly to hold a hearing and a vote on Ms. Goldsmith Romero’s candidacy, she has a chance of assuming the role before the presidential election in November. In a statement emailed to reporters, the committee’s chairman, Sherrod Brown, Democrat of Ohio, said Ms. Goldsmith Romero “would bring to the F.D.I.C. decades of financial services experience, including valuable experience.”“She has proven herself to be a strong, independent and fair regulator who is not afraid to do what’s right,” he said.

Persons: Christy Goldsmith Romero, Biden’s, Martin Gruenberg, Goldsmith Romero’s, Sherrod Brown, Goldsmith Romero “, ” Organizations: Federal Deposit Insurance Corporation, White, Committee, Democrat Locations: Ohio

☆ How Baptists and the G.O.P. Took Different Paths on I.V.F.
▼ + stars: | 2024-06-13 | by ( Ruth Graham | ) www.nytimes.com time to read: +1 min

The Alabama ruling, which had threatened access to in vitro fertilization and other reproductive services in the state, caught many Americans, including conservatives, off guard. The idea that fertility treatments could be morally and legally questionable rattled many anti-abortion voters who had used such procedures to expand their families. And it further frayed the increasingly tense alliance between the anti-abortion movement and the Republican Party, which saw political peril in going after I.V.F. On Wednesday, the Southern Baptist Convention, the country’s largest Protestant denomination, voted to condemn the use of reproductive technologies like I.V.F. The moment was especially striking given that after the Alabama ruling earlier this year, Republican leaders quickly tried to signal to their base that they supported I.V.F., an extraordinarily popular procedure widely used by Christians and non-Christians alike.

Persons: Andrew T, Walker Organizations: Alabama, Southern Baptist, Republican Party, Southern Baptist Convention, Republican Locations: Kentucky, Alabama, The Alabama, Indianapolis

☆ A conservative way to get long legacy auto stocks as they rebound from EV troubles
▼ + stars: | 2024-06-13 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

Geologist M. King Hubbert developed the "peak oil" theory in the 1950s. He famously projected that U.S. oil production would peak between 1965 and 1970, which seemed accurate as U.S. oil production did peak around 1970. Hubbert's prediction about the U.S. oil production peak was largely accurate for conventional oil production. Still, global oil production has not followed Hubbert's anticipated timeline due to discoveries, technological advancements, and new extraction techniques. Hydraulic fracturing (fracking) and deep-water drilling have significantly increased oil production beyond what was initially thought possible.

Persons: M, King Hubbert, Hubbert, Hubbert's, I've, Ford Organizations: Federal Electric Vehicle, ICE, GM, Ford, Trade Locations: United States, California

☆ Live Updates: Supreme Court Upholds Broad Access to Abortion Pill
▼ + stars: | 2024-06-13 | by ( Abbie Vansickle | ) www.nytimes.com time to read: +2 min

ETThe Supreme Court on Thursday upheld access to a widely available abortion pill, rejecting a bid from a group of anti-abortion organizations and doctors to unravel the Food and Drug Administration’s approval of the pill. In a unanimous decision, written by Justice Brett M. Kavanaugh, the court held that the plaintiffs lacked standing to challenge the F.D.A.’s actions. The case involved easier access: The challenge before the court centered on changes the F.D.A. The safety of the pill: The groups — citing five studies, including two that were later retracted — questioned the safety of mifepristone, which was approved by the F.D.A. Their claim contradicted a large scientific record on the safety of mifepristone and another abortion medication, misoprostol.

Persons: Brett M, Kavanaugh, ”, Roe, Wade, ’, Matthew J, Kacsmaryk, —, Adam Liptak Locations: Texas, Amarillo , Texas, Panhandle

☆ Clearview AI Used Your Face. Now You May Get a Stake in the Company.
▼ + stars: | 2024-06-13 | by ( Kashmir Hill | ) www.nytimes.com time to read: +1 min

A facial recognition start-up, accused of invasion of privacy in a class-action lawsuit, has agreed to a settlement, with a twist: Rather than cash payments, it would give a 23 percent stake in the company to Americans whose faces are in its database. Clearview AI, which is based in New York, scraped billions of photos from the web and social media sites like Facebook, LinkedIn and Instagram to build a facial recognition app used by thousands of police departments, the Department of Homeland Security and the F.B.I. The litigation has proved costly for Clearview AI, which would most likely go bankrupt before the case made it to trial, according to court documents. The company and those who sued it were “trapped together on a sinking ship,” lawyers for the plaintiffs wrote in a court filing proposing the settlement. “These realities led the sides to seek a creative solution by obtaining for the class a percentage of the value Clearview could achieve in the future,” added the lawyers, from Loevy + Loevy in Chicago.

Persons: ” Organizations: Facebook, LinkedIn, Department of Homeland Security, New York Times Locations: New York, Chicago, Loevy

☆ F.A.A. Administrator Says Previous Oversight of Boeing Was ‘Too Hands-Off’
▼ + stars: | 2024-06-13 | by ( Mark Walker | ) www.nytimes.com time to read: +1 min

The Federal Aviation Administration’s top official acknowledged on Thursday that the agency failed to adequately oversee Boeing and that it should have had better visibility into the plane manufacturer’s safety practices long before a door panel blew off a plane while it was in flight on Jan. 5. Mike Whitaker, the agency’s administrator, appeared before the Senate Commerce, Science and Transportation Committee weeks after Boeing, which has experienced a spate of problems, submitted a comprehensive plan detailing how it would overhaul its quality control practices and safety culture. “The F.A.A.’s approach was too hands-off, too focused on paperwork audits and not focused enough on inspections,” Mr. Whitaker said. “We have changed that approach over the last several months, and those changes are permanent.”Mr. Whitaker said the changes included permanently increasing the agency’s use of in-person inspections and barring Boeing from increasing production of its 737 Max jets until the agency is satisfied with the company’s quality control and safety improvements. will also continue to maintain a presence at the company’s factories and one of its suppliers, Spirit Aerosystems.

Persons: Mike Whitaker, Mr, Whitaker, “, Aerosystems Organizations: Federal Aviation, Boeing, Senate Commerce, Science, Transportation

☆ Adobe employees slam the company over AI controversy: 'Let's avoid becoming like IBM'
▼ + stars: | 2024-06-12 | by ( Eugene Kim | ) www.businessinsider.com time to read: +6 min

The company had to quell those concerns with a blog post denying this. But some Adobe employees are still not happy with the response, and they are calling for improved communication with customers. According to screenshots of an internal Slack channel, obtained by Business Insider, Adobe employees complained about the company's poor response to the controversy and demanded a better long-term communication plan. Advertisement"We've never trained generative AI on customer content, taken ownership of a customer's work, or allowed access to customer content beyond legal requirements. Some employees applauded Adobe's effort to use language that is easier to understand in the blog post.

Persons: —, Adobe, Slack, We've, Scott Belsky, Belsky Organizations: Service, Business, Adobe, IBM, Software, YouTube

☆ Southern Baptists Vote to Oppose Use of I.V.F.
▼ + stars: | 2024-06-12 | by ( Ruth Graham | ) www.nytimes.com time to read: +1 min

Southern Baptists, the country’s largest Protestant denomination, voted on Wednesday to oppose the use of in vitro fertilization. The vote was an indication that evangelicals are increasingly open to arguments that equate embryos with human life, and that two years after the overturning of Roe v. Wade, “fetal personhood” may be the next front for the anti-abortion movement. The vote on Wednesday was the first time that attendees at the Southern Baptist meeting have addressed the ethics of in vitro fertilization directly. The resolution proposed on Wednesday called on Southern Baptists “to reaffirm the unconditional value and right to life of every human being, including those in an embryonic stage, and to only utilize reproductive technologies consistent with that affirmation, especially in the number of embryos generated in the I.V.F. process.”It also exhorted them to “advocate for the government to restrain” actions inconsistent with the dignity of “every human being, which necessarily includes frozen embryonic human beings.”

Persons: Roe, Wade, ”, “ Organizations: Southern Baptist Locations: Indianapolis

☆ Inside the Abercrombie & Fitch Resurrection: Sales, Stock Are Soaring
▼ + stars: | 2024-06-12 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

If it's any solace, the company was not really for Wall Street, either; its stock has been languishing over the past decade or so. Investors are eating it up: Abercrombie's stock a year ago, your returns would be better than that of almost any other stock, including the Wall Street darling Nvidia. "Can you and I think of another apparel retailer who literally reinvented themselves and then went to the moon with sales and earnings? When its longtime CEO exited the company at the end of 2014, its sales had declined for 11 consecutive quarters. AdvertisementAs opposed to the Abercrombie of 20 years ago, whose logos screamed A&F, the modern Abercrombie is muted.

Persons: Abercrombie, millennials, Gen Zers, Janet Joseph Kloppenburg, Fitch, Fran Horowitz, Zachary Warring, Horowitz, It's, Abercrombie doesn't, it's, " Horowitz, Women's, Kloppenburg, they're, Ali Grant, they've, They've, Emily Stewart Organizations: Abercrombie, Fitch, JJK Research, Outfitters, Netflix, Hollister, CFRA Research, Digital, Banana, Old Navy, Business Locations: cologne

☆ Hunter Biden’s Laptop, Revealed by New York Post, Comes Back to Haunt Him
▼ + stars: | 2024-06-11 | by ( Katie Robertson | ) www.nytimes.com time to read: +1 min

When The New York Post first reported in 2020 about a laptop once used by Hunter Biden — which the paper said contained incriminating evidence against him and his father, Joseph R. Biden Jr., who was running for president — it set off a firestorm. Many national news outlets raised questions about the existence of the laptop and the claims about its contents, while major social media platforms limited posts about The Post’s coverage. Many of the claims made by The Post in its coverage of the laptop, in which the publication sought to link President Biden to corrupt business dealings, have not been proved. But the laptop had enough incriminating evidence to continue to haunt Hunter Biden. A prosecutor briefly held up the laptop before the jury in Delaware, and an F.B.I.

Persons: Hunter Biden —, Joseph R, Biden, —, Hunter Biden Organizations: New York Post, Post Locations: Delaware

☆ Vinícius Jr.: Spanish court orders prison time for soccer fans over racist abuse toward Real Madrid star
▼ + stars: | 2024-06-11 | by ( Kevin Dotson | Patrick Sung | ) edition.cnn.com time to read: +3 min

Thank you to La Liga and Real Madrid for helping with this historic conviction.”The Brazilian vowed to keep using his platform to fight racism. “The three defendants acknowledged their criminal liability and have released an apology letter addressed to our player Vinícius Jr., to Real Madrid C.F. and to everyone else who felt offended and degraded by their behavior,” Real Madrid said in a statement. “La Liga will identify them, report them and there will be criminal consequences for them.”Global soccer’s governing body FIFA also praised the news. “I am pleased to see the firm action and sentencing taken by the Spanish authorities in relation to the racist abuse directed at Vinícius Jr in a Spanish La Liga match in May 2023.

Persons: CNN —, Vinícius, Vinícius Jr, “, I’ve, I’m, ”, Pierre, Philippe Marcou, Javier Tebas, Gianni Infantino, Infantino Organizations: CNN, Real Madrid, La Liga, Valencia CF, Spanish, LaLiga, Royal Spanish Football Federation, Liga, Getty, ” Real, ”, FIFA Locations: Valencia, Spain, Real, Real Madrid, AFP, ” Real Madrid, Spanish

☆ Pope Francis repeats homophobic slur in closed-door meeting, Italian media reports
▼ + stars: | 2024-06-11 | by ( ) edition.cnn.com time to read: +2 min

Rome — The pope has again used a highly disparaging word against gay people for which he had already apologized last month, ANSA news agency said on Tuesday. Italian media had attributed to the pope the use of a vulgar Italian term roughly translating as “f*****ry,” on May 20 during a closed-door meeting with Italian bishops. Last month, a source close to the pope told CNN the phrase could also be understood as there is a “gay climate” in the seminaries. Two years later he told Italian bishops not to accept gay candidates for the priesthood. Francis, 87, had been credited with making substantial overtures toward the LGBTQ community during his 11-year papacy.

Persons: Rome, ”, ANSA, Francis, Roman, CNN’s Christopher Lamb, Sharon Braithwaite Organizations: della Sera, CNN, Church Locations: Argentine

☆ Biden Nears Pick for Next F.D.I.C. Chair
▼ + stars: | 2024-06-11 | by ( Emily Flitter | ) www.nytimes.com time to read: +1 min

Three weeks after President Biden vowed to pick a new leader for the Federal Deposit Insurance Corporation, the bank regulator shaken by a vast workplace abuse scandal, a front-runner has emerged: Christy Goldsmith Romero, who sits on the five-member Commodity Futures Trading Commission, according to two people with knowledge of the administration’s thinking. Ms. Goldsmith Romero is a lawyer who, after the financial crisis, spent more than 12 years in an office created by Congress to investigate fraud and other misconduct by banks that received money from the government’s roughly $450 billion crisis rescue package, the Troubled Asset Relief Program. From 2011 to 2022, Ms. Goldsmith Romero led the office as the special inspector-general for the program. Mr. Biden has not made a final decision. Ms. Goldsmith Romero’s position as the front-runner for the job was first reported by The Wall Street Journal.

Persons: Biden, Christy Goldsmith Romero, Goldsmith Romero, Goldsmith Organizations: Federal Deposit Insurance Corporation, Futures Trading Commission, Troubled Asset, Wall Street

☆ Robert F. Kennedy Jr. Is Polling Surprisingly Well Among Latino Voters
▼ + stars: | 2024-06-11 | by ( Jazmine Ulloa | ) www.nytimes.com time to read: +1 min

When Joseph R. Biden Jr. and Donald J. Trump faced off in the 2020 presidential election, Alexis Figueroa, a hospital worker in Phoenix, would have voted for Mr. Biden, he said, because he seemed like the least controversial of the two candidates. But with those men back on the ballot in November, Mr. Figueroa is considering a third option: Robert F. Kennedy Jr.“He’s going after those who are new to voting, the younger generation not being heard,” Mr. Figueroa, now 20, said of Mr. Kennedy, adding that he did not want to vote for Mr. Biden because he did not believe that the president had fulfilled many of his promises. In a race in which enthusiasm for the top two contenders is low, more Latino voters like Mr. Figueroa are leaning toward third-party candidates, recent surveys show. Mr. Kennedy, who is running a long-shot independent presidential bid, is polling surprisingly well among Hispanic voters in battleground states, pollsters and political observers said, though so far he is officially on the ballot only in California, Utah, Michigan, Oklahoma, Hawaii and Delaware.

Persons: Joseph R, Biden, Donald J, Trump, Alexis Figueroa, Figueroa, Robert F, Kennedy Jr, “ He’s, ” Mr, Mr, Kennedy Organizations: Mr Locations: Phoenix, California , Utah , Michigan , Oklahoma, Hawaii, Delaware

☆ Another huge GM buyback makes it plain to see that Ford must follow suit to boost its stock
▼ + stars: | 2024-06-11 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

General Motors approved yet another stock buyback — adding to our frustration that portfolio name Ford has yet to embark on a repurchase program of its own. GM on Tuesday announced a new $6 billion buyback — weeks before its November $10 billion repurchase authorization is set to be completed. "I'm very upset with Ford," Jim Cramer said during the Morning Meeting for Club members. While encouraged by Ford's successful pivot, we believe a sizeable stock buyback would be a catalyst for Ford shares as it has been for GM. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Ford, Jim Cramer, Mary Barra, GM's buyback, John Lawler, repurchases, . Ford, Ford's, Jim Cramer's, Jim, Danielle DeVries Organizations: Motors, Ford, GM, Club, CNBC, Deutsche Bank, New York Locations: .

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