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☆ 2023 Grand Wagoneer L Series III: How Big Is Too Big?
▼ + stars: | 2023-08-04 | by ( Dan Neil | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Jess Search, a Force in the Documentary Genre, Dies at 54
▼ + stars: | 2023-08-04 | by ( Neil Genzlinger | More About Neil Genzlinger | ) www.nytimes.com time to read: +1 min

Jess Search, a producer on dozens of important documentaries and a catalyst on many more as one of the directors of Doc Society, a nonprofit organization she helped found in 2005 that supports documentary filmmakers, died on July 31 in London. She was 54. Doc Society said in a statement that the death, in a hospital, was caused by brain cancer. Search had announced last month that she was stepping away from the organization because of her illness. Search had been a central figure in the documentary scene in Britain and beyond for years.

Persons: Jess Search, Search, Matthew Barbato’s “ Alexis Arquette, ” Organizations: Doc Society Locations: London, Britain, Russian

☆ Tech investor: ASML is in 'great shape' in a slightly difficult period
▼ + stars: | 2023-08-04 | 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 EmailTech investor: ASML is in 'great shape' in a slightly difficult periodNeil Brown, fund manager and head of equities at GIB Asset Management, believes ASML could face delays in delivering its chip making machines, but the company's lead in technology means it will not lose orders.

Persons: Neil Brown, ASML Organizations: Tech, GIB Asset Management

☆ I visited Macy's, and saw how disappointing displays and customer service are hurting its sales
▼ + stars: | 2023-08-04 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +3 min

I visited the Macy's flagship store in New York City and tried on its new "On 34th" private label. The store appeared to be severely understaffed — no one helped me get a dressing room or at the register. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. "Macy's has a real problem with merchandising, both in terms of buying product, allocating product, and displaying product in a compelling way in its stores," retail analyst Neil Saunders told Insider. Saunders told Insider he's visited more than 50 Macy's stores across the country this year.

Persons: Macy's, TJ Maxx, Neil Saunders, Saunders, he's, Ralph Lauren Polo, Where's Waldo Organizations: Service, UBS Locations: New York City, Wall, Silicon, Manhattan

☆ UK net-zero ‘pragmatism’ is an odd way to get real
▼ + stars: | 2023-08-04 | by ( George Hay | ) www.reuters.com time to read: +7 min

Yet official UK figures do not suggest the way to get real on climate change is to go any slower. Sunak himself has defended Britain’s record on climate and says he cares about reaching its 2050 net-zero target. As such the net cost of net zero may be more like 344 billion pounds over three decades, or perhaps only 0.4% of GDP per year. Policy certainty will meanwhile encourage foreign investors to help pay for Britain’s transition, reducing its exposure to gas price shocks. UK energy secretary Grant Shapps said on Aug. 2 that the government remained “absolutely committed” to hitting its net-zero carbon targets by 2050.

Persons: Rishi Sunak, Sunak, dawdling, Andrew Forrest, ”, ” Sunak, Michael Gove, Grant Shapps, “, Neil Unmack, Streisand Neto, Oliver Taslic Organizations: Reuters, Sunak’s Conservative Party, Budget, Reuters Graphics Reuters, ’, McKinsey reckons, Britain, Conservatives, Thomson Locations: Britain, London, China, United States, North

The logo of Swiss bank UBS is seen at its headquarters in Zurich, Switzerland October 25, 2022. UBS was 8th in Refinitiv's global M&A league table in the first half of 2023, down from 6th a year earlier. Steve Pettigrew, who just joined UBS from Bank of America Corp (BAC.N), would be leading software M&A under Braham, according to the sources. Some Credit Suisse technology bankers may lose their jobs as part of the shake-up, while others may be retained or also be promoted, the sources said. Reuters reported on Wednesday that Credit Suisse had initiated broad layoffs in New York.

Persons: Sergio Ermotti, Laurence Braham, Lesueur, Steve Pettigrew, Braham, Neil Meyer, Milana Vinn, Amy, Jo Crowley, Jane Merriman Organizations: Swiss, UBS, REUTERS, UBS Group AG, Credit Suisse, Swiss Re AG, Barclays Plc, Bank of America Corp, Barclays, Reuters, Suisse, Credit Suisse's, Thomson Locations: Zurich, Switzerland, Swiss, dealmaking, United States, Americas, New York, London

☆ Barclays explores moving EU headquarters from Dublin to Paris
▼ + stars: | 2023-08-03 | by ( Iain Withers | ) www.reuters.com time to read: +1 min

The Barclays headquarters building is seen in the Canary Wharf business district of east London February 6, 2013. REUTERS/Neil Hall/File PhotoLONDON, Aug 3 (Reuters) - British bank Barclays (BARC.L) is weighing up whether to move its continental Europe headquarters from Dublin to Paris, in a potential further boon for the French capital as it seeks to expand as a global financial centre after Brexit. Barclays said in an interim earnings filing for its Barclays Bank Ireland business - known internally as Barclays Europe -that it was exploring switching its European Union headquarters in order to "be closer to the balance of operations" of the division on the continent. Any potential move by Barclays would result in a "small number of roles" moving to Paris, the document said, adding initial engagement with regulators and other stakeholders was underway. It would also not impact the group's UK activities, it added, where the bank's global headquarters are in London.

Persons: Neil Hall, Iain Withers, Huw Jones, Kirsten Donovan Organizations: Barclays, REUTERS, Brexit, Barclays Bank Ireland, European Union, Thomson Locations: Canary Wharf, London, British, Europe, Dublin, Paris, Barclays Europe

☆ LSEG’s dealmaking payoff arrives in installments
▼ + stars: | 2023-08-03 | by ( Neil Unmack | ) www.reuters.com time to read: +4 min

LSEG (London Stock Exchange Group) CEO David Schwimmer speaks during the Reuters NEXT Newsmaker event in New York City, New York, U.S., December 1, 2022. Yet two and a half years after CEO David Schwimmer got the keys, the London Stock Exchange operator is growing revenue and mostly beating its targets. The deal increased LSEG’s exposure to selling data, typically a more predictable source of revenue. Annual subscriber value, a closely watched metric which measures the recurring revenue in LSEG’s data division, rose nearly 7% in the first six months of the year. Schwimmer’s dealmaking is paying off, but the former Goldman Sachs (GS.N) banker has a few more installments to collect.

Persons: David Schwimmer, Brendan McDermid, Blackstone, Schwimmer, dealmaking, Goldman Sachs, LSEG, Thomson, Peter Thal Larsen, Streisand Neto Organizations: London Stock Exchange Group, Reuters, REUTERS, Brendan McDermid LONDON, London Stock Exchange, London Stock, Thomson Reuters, Microsoft, Deutsche, Jefferies, P, Revenue, Blackstone, Thomson Locations: New York City , New York, U.S, Refinitiv, Breakingviews

☆ Amazon Fresh grocery chain has struggled. See its stores of the future
▼ + stars: | 2023-08-03 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Amazon has faced challenges getting shoppers to buy groceries in its Amazon Fresh grocery stores and recently laid off workers — but it’s betting a new strategy and redesigned stores will be the answer to its struggles. An Amazon Fresh redesigned grocery store. Amazon has paused its Amazon Fresh store expansion plans. Meanwhile, Amazon Fresh grocery stores are targeted at lower- and middle-income customers and function as full-size grocery stores. Amazon had big plans to grow Amazon Fresh stores, but it has paused store expansion.

Persons: ” Neil Saunders, “, Andy Jassy, “ We’ve Organizations: New, New York CNN, Amazon, GlobalData, Amazon Fresh Locations: New York, Chicago, Boston, Denver, Austin, United States

☆ Coca-Cola bottler bulks up challenged empire
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +2 min

MILAN, Aug 2 (Reuters Breakingviews) - The world’s largest maker of Coca-Cola bottles is growing bigger. Pouncing on Coca-Cola Beverages Philippines, which Coca-Cola (KO.N) itself is selling, is a no-brainer. The $267 billion U.S. drink maker run by James Quincey is offloading its bottling manufacturing around the world to concentrate on its ubiquitous products. At just over 1 times 2022 sales, the price tag looks cheap compared to CCEP’s own nearly 2 times multiple. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: James Quincey, CCEP, Damian Gammell, Lisa Jucca, Aston Martin, Neil Unmack, Oliver Taslic Organizations: MILAN, Reuters, Cola Europacific Partners, Aboitiz Equity Ventures, Cola Beverages Philippines, Twitter, Thomson Locations: Philippines, Japan, India

☆ Wall Street reversal: More and more economists are changing their minds and declaring US recession fears dead
▼ + stars: | 2023-08-02 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

It joins the Federal Reserve and other economists in casting recession concerns to the side. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. After much hemming and hawing from economists and Wall Street, Bank of America is the latest to revise its predictions — and says a severe economic downturn isn't likely. In doing so, BofA is joining a rising chorus saying that fears of a recession were unfounded. The most recent inflation data were quite encouraging."

Persons: hemming, hawing, Neil Dutta, Goldman Sachs, Jan Hatzius, Jerome Powell, Powell, Janet Yellen Organizations: of America, Federal Reserve, Service, Wall, Bank of America, Bloomberg, Federal, Market Committee, Fitch Locations: Wall, Silicon, American

☆ Klein's UK SPAC deal is more swan song than encore
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +3 min

The northern English county is the home of serial acquirer CorpAcq, led by the brother of “Take That” singer Jason Orange, which Klein’s Churchill Capital Corp VII (CVII.N) special-purpose acquisition company vehicle now hopes to buy. The deal, which values the investor in plumbing to fork-lift leasing groups at $1.6 billion including debt, may struggle to relight the fire of the depressed SPAC sector. Klein’s planned deal comes amid a growing lack of patience by SPAC investors. CorpAcq could yet be magic for SPAC investors. Churchill’s sponsors, including Klein, will waive most of their founder shares, which typically vest when a deal is done.

Persons: Peter Rawlinson, Michael Klein, acquirer, “, Jason Orange, Klein’s, SPACs, Klein, Simon Orange’s, Pamela Barbaglia, Aston Martin, Neil Unmack, Streisand Neto Organizations: Lucid, Churchill Capital Corp, Nasdaq, Lucid Motors, Reuters, Blank, Cotton Traders, Twitter, Thomson Locations: New York City , New York, U.S, Cheshire, Stockholm, Brexit, Japan

The announcement was the first time either of the two – who had both been in military positions outside the Rocket Force – were named as the force’s leadership. Beijing gave no reason for the change, making the case yet another example of the lack of transparency in China’s political system. The newly appointed Rocket Force leadership both previously held deputy positions in other parts of the military. New missile silosThe leadership change comes as evidence points to an expanding Chinese nuclear force – creating an even more important role for the Rocket Force, which until 2016 was known as the PLA Second Artillery Force. They are responsible for handling and delivering China’s nuclear weapons,” said Drew Thompson, a senior research fellow at the Lee Kuan Yew School of Public Policy at the National University of Singapore.

Persons: Xi Jinping, Wang Houbin, Xu Xisheng, Li Yuchao, Qin Gang, Li, Xu Zhongbo, Xu, China’s, ”, Yun Sun, Li Gang, Xi, “, Qin, Wang Yi, Carl Schuster, “ Xi, ” Schuster, Wang, Neil Thomas, Roderick Lee, Drew Thompson, Lee, ” Thompson Organizations: CNN, Liberation Army Rocket Force, Rocket Force, Xinhua, Communist Party, Stimson, Communist Party’s, Military Commission, People’s Liberation Army, PLA, Pacific Command’s Joint Intelligence Center, PLA Navy, Southern Theater Command, Asia Society, Center for, USAF Air University China Aerospace Studies, ” CNN, China’s Ministry of Defense, PLA Second Artillery Force, US Defense Department, Lee Kuan Yew, of Public, National University of Singapore, “ Locations: China, Suzhou, Taiwan, Washington, Beijing, Xinhua, Hawaii, Center for China, United States

The charges were first reported by The Detroit News. Mr. DePerno denied any wrongdoing and said that his efforts “uncovered significant security flaws” in a statement from his lawyer, Paul Stablein. The criminal inquiry in Michigan has largely been overshadowed by developments in Georgia, where a grand jury is weighing charges against Mr. Trump for trying to subvert the election, but both are part of the ongoing reckoning over the conspiracy theories about election machines promoted by Mr. Trump and his allies. The efforts to legitimize the falsehoods and conspiracy theories promoted widely by Mr. Trump and his allies continued long after the Jan. 6, 2021, attack on the Capitol and after Mr. Biden took office. In Arizona, such efforts included the discredited election audit of Maricopa County led by Republicans in the state legislature.

Persons: DePerno, “, Paul Stablein, Mr, Stablein, Trump, Biden, Hilson, ” Organizations: The Detroit News, Mr, Capitol, Republicans Locations: Michigan, Georgia, Arizona, Maricopa County

Jan Dvorkin had raised and nurtured his adopted son in Moscow for seven years until, one day in May, the Russian authorities notified him they were revoking custody. A woman Mr. Dvorkin knew had filed an official complaint, saying that because he was transgender and gay, he was an unfit parent. When Mr. Dvorkin asked the woman why she had reported him, she told him he had brought it on himself, and “that I could have easily avoided it by staying in the closet.”He managed to find another family to take the boy, who is deaf, so that the child would not be sent to an orphanage. Mr. Dvorkin’s experience underscores the increasingly repressive treatment gay and transgender people are subjected to across Russia — a hardship that seems certain to grow as the government leverages the war in Ukraine as justification for greater restrictions on L.G.B.T.Q.

Persons: Jan Dvorkin, Dvorkin Locations: Moscow, Russia, Ukraine

Mr. Smith is not the first special counsel to investigate Mr. Trump. Mr. Smith, by contrast, faces no such limits given that Mr. Trump is no longer in office. Mr. Mueller said little when faced with a barrage of falsehoods pushed publicly by Mr. Trump and his allies about him and his investigative team. During Mr. Trump’s arraignment in Miami in June, Mr. Smith sat in the gallery, closely watching the proceedings. Some in the courtroom suggested he stared at Mr. Trump for much of the hearing, sizing him up.

Persons: General Merrick B, Garland, Jack Smith’s, Donald J, Trump, Smith, Maddie McGarvey, The New York Times “, ”, Ryan Goodman, Trump’s, Robert S, Mueller, Smith —, —, Goodman, Smith “, Edgar Hoover, Mueller III, Anna Moneymaker, Ted Stevens, “, Robert McDonnell, Rick Renzi, James, Smith’s, Jay I, Bratt, Cooney, Robert Menendez, Greg Craig, Obama, Andrew G, McCabe, Roger J, Stone Jr, William P, Barr, Aaron Zelinsky, Thomas P, Windom, Peter Dejong Mr, John H ., Carlos F, legwork, sotto, intently, Alan Feuer Organizations: White, The New York Times, New York University School of Law, Capitol, Washington, Department, Just Security, Trump, U.S, New York Times, Justice Department, Justice, Republican, Supreme, Mr, Department of Justice, Democrats, Robert Menendez of New, Hague, Credit, House Republicans, U.S . Postal Inspection Service Locations: Washington, The Hague, Russia, Alaska, Virginia, Arizona, Robert Menendez of, Robert Menendez of New Jersey, U.S, Netherlands, John H . Durham, ’, Miami

☆ Opinion | Is Fear of Crime a Self-Fulfilling Prophecy?
▼ + stars: | 2023-08-01 | by ( Neil Gross | ) www.nytimes.com time to read: +2 min

He found that during the year he tracked them, people who had a permit were no less likely to be victims of violent crime than people who didn’t have one. Stolen guns are sometimes trafficked out of state, but more commonly circulate locally, where they may be used to commit additional offenses. As a result, each concealed-carry permit increased the violent crime rate in the neighborhood by about 2 percent. If fear of crime leads more people to get guns, and some of those guns are then stolen, increasing violence and creating more fear, a vicious cycle could ensue. Fear can also make crime more likely by fraying the social and economic fabric.

Persons: Stephen Billings, Billings, —, Wesley Skogan Locations: Charlotte, N.C

☆ Aston Martin flips from cash-guzzler to carmaker
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +2 min

LONDON, Aug 1 (Reuters Breakingviews) - Aston Martin Lagonda (AML.L) is making a painful transition from cash-guzzler to viable carmaker. A 216 million pound cash call on Monday brings its total capital raised since 2018 to just under 1.8 billion pounds. By this year, Aston Martin will have grown revenue by 13% per annum since 2019, according to Refinitiv data, thanks to new models like the DB12 and higher prices. Aston’s current enterprise value is just under 2 times forecast 2024 sales, a discount to Porsche, and far below Ferrari’s (RACE.MI) more than 8 times multiple. Yet Aston still needs to show it can make an electric vehicle, with the first due in 2025.

Persons: Aston Martin Lagonda, James Bond, Lawrence Stroll’s, Aston Martin, Aston, Neil Unmack, Steve Cohen, Liam Proud, Oliver Taslic Organizations: Reuters, Public Investment Fund, Porsche AG, Porsche, Twitter, Sequoia, Thomson Locations: Japan, India

☆ York Fire in Nevada and California spawns 'fire whirls'
▼ + stars: | 2023-08-01 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +5 min

CNN —A massive, out-of-control fire burning across both California and Nevada is generating extreme fire behavior, spawning “fire whirls” and creating dangerous conditions for firefighters, authorities said. Firefighters battling the blaze have seen fire whirls – “a vortex of flames and smoke that forms when intense heat and turbulent winds combine, creating a spinning column of fire,” the Mojave National Preserve said Sunday. Crews battlling the York Fire faced "fire whirls" Sunday in the Mojave National Preserve, California. Ty O'Neil/AP“These fire whirls are similar to dust devils but are specifically associated with the heat and energy released by a wildfire,” the Mojave National Preserve said. The struggle to control the York Fire has allowed smoke to reach into Nevada and southern Utah, the fire incident overview noted.

Persons: Crews, Ty O'Neil, “, Carr, Jesse Winter, Jeffrey Todd, Erick Thompson, SpokanSector, Hayden Organizations: CNN, York, US, California -, Firefighters, Preserve, National Interagency Fire Center, National Interagency, Center, Reuters, British Columbia Wildfire Service, Regional, of, US Border Patrol Spokane Sector, Facebook, Forest, US Forest Service Locations: California, Nevada, New, Canadian, California - Nevada, , California, Redding , California, Utah, East Las Vegas , Boulder City, Henderson, Clark County , Nevada, Canada, Washington, Washington’s Okanogan County, Bluff, British, Osoyoos, of Okanagan, Oroville, ”, Challis, Leadore , Idaho

☆ EU ready to strengthen maritime security cooperation with the Philippines
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

[1/4] Philippine President Ferdinand Marcos Jr., claps beside European Commission President Ursula von der Leyen, after signing ceremonies at the Malacanang Presidential Palace in Manila, Philippines, July 31, 2023.Aaron Favila/POOL via REUTERSMANILA, July 31 (Reuters) - The European Union is ready to strengthen cooperation with the Philippines on maritime security, European Commission President Ursula von der Leyen said on Monday, as she stressed the importance of a free and open Indo-Pacific region. She was speaking after a meeting with Philippine President Ferdinand Marcos Jr. in Manila where the two leaders discussed a range of issues from security and trade to climate change. "We are ready to strengthen the cooperation with the Philippines on maritime security in the region by sharing information, conducting threat assessment and building the capacity of your coast guard," she said in a joint press conference with Marcos. Von der Leyen on Monday reaffirmed the EU's support for a 2016 international arbitration ruling that invalidated Beijing's expansive claims, saying the ruling is legally binding and provides the basis for resolving disputes peacefully. Von der Leyen also said the European Union will support the Philippines' fight against climate change, which is a priority for Marcos as he pushes to increase renewables in the country's power mix to 35% by 2030.

Persons: Ferdinand Marcos Jr, Ursula von der Leyen, Aaron Favila, Marcos, Von der Leyen, Karen Lema, Neil Jerome Morales, Kanupriya Kapoor Organizations: Philippine, European, REUTERS, European Union, Thomson Locations: Manila, Philippines, REUTERS MANILA, The Philippines, United States, China, South China, European

☆ Paul Reubens, Creator of Pee-wee Herman, Is Dead at 70
▼ + stars: | 2023-07-31 | by ( Neil Genzlinger | More About Neil Genzlinger | ) www.nytimes.com time to read: +1 min

“Pee-wee’s Playhouse” stands as one of the oddest, most audacious, most unclassifiable shows in television history. In one episode, Pee-wee married a fruit salad. The show arrived in the midst of Ronald Reagan’s presidential administration and harked back to another button-down era, the one Mr. Reubens lived as a child: the 1950s. ‘‘I saw it as very Norman Rockwell,” he told The New York Times in 2016, ‘‘but it was my Norman Rockwell version of the ’50s, which was more all-inclusive.”Laurence Fishburne, S. Epatha Merkerson and other actors of color were in the cast. “Not just anybody — the king!” Mr. Reubens said.

Persons: ”, “, —, Ronald Reagan’s, Reubens, ‘ ‘, Norman Rockwell, ‘, ” Laurence Fishburne, Epatha Merkerson, Gilbert Lewis, Mr Organizations: wee’s, CBS, New York Times Locations: Florida

☆ Goldman Sachs upgrades Chevron, says big gains are coming for the energy giant
▼ + stars: | 2023-07-31 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Goldman Sachs thinks Chevron is on the verge of a breakout. The firm upgraded shares of the oil giant to buy from neutral Monday and raised its price target to $187 from $166 per share. Chevron has struggled this year, slipping 11.5%, while the S & P 500 is up 19% in that time. But analyst Neil Mehta thinks now is the time to buy into the energy giant, Chevron now has a clear path to generating positive free-cash-flow in 2025 and 2026 and trades at a relatively cheap valuation. The analyst also said Chevron is trading at a more compelling valuation relative to peers.

Persons: Goldman Sachs, Neil Mehta, Mehta, Michael Bloom Organizations: Chevron Locations: Gulf Mexico, Mexico

☆ Philippines need not match Fed's 25-basis point hike, finance minister says
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: +1 min

MANILA, July 31 (Reuters) - The Philippines' finance minister said monetary authorities have room to pause on rate hikes in August despite a recent policy tightening by the U.S. Federal Reserve. That is my view and we have to monitor other indicators like inflation," Finance Secretary Benjamin Diokno told reporters on Friday during his weekly media briefing. The Monetary Board has four current members, including the central bank governor, but three seats are still vacant. Inflation is expected to return to within the central bank's 2% to 4% target range in the fourth quarter, Diokno said. We are data dependent," Diokno said, adding that authorities will take stock of the Fed rate hike's impact on both global and domestic economy.

Persons: Benjamin Diokno, Diokno, Eli Remolona, Neil Jerome Morales, Lincoln Organizations: U.S . Federal, Monetary, Bangko Sentral ng Pilipinas, Fed, Thomson Locations: MANILA, Philippines

☆ 2023 Porsche 911 Carrera T: Last Manual Standing?
▼ + stars: | 2023-07-29 | by ( Dan Neil | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/2023-porsche-911-carrera-t-review-last-manual-standing-7df1e7e8

Persons: Dow Jones Organizations: porsche

☆ Trump Threatens Republicans Who Don’t Help Him Exact Vengeance
▼ + stars: | 2023-07-29 | by ( Neil Vigdor | More About Neil Vigdor | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump lashed out at Republicans in Congress while campaigning in Pennsylvania on Saturday, threatening members of his party who do not share his appetite for pursuing corruption investigations against President Biden and his family — and for retribution. In a litany of grievances about his deepening legal woes and the direction of the country, the twice-indicted former president cast G.O.P. “You’ve got to get a little bit lower class.”And then Mr. Trump, the overwhelming front-runner for the 2024 Republican presidential nomination, put party members on notice. “Any Republican that doesn’t act on Democratic fraud should be immediately primaried,” said Mr. Trump, to the roaring approval of several thousand supporters at the Erie Insurance Arena. Throughout the night he referenced the case against Hunter Biden and accused the president of complicity in his son’s troubles.

Persons: Donald J, Trump, Biden, G.O.P, holdouts, ”, “ You’ve, “, Hunter Biden Organizations: Republicans, Erie Insurance Locations: Pennsylvania, Erie, Pa

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