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On Today’s Episode:Top Democrats, Swallowing Fears About Biden’s Candidacy, Remain Behind Him, by Catie Edmondson, Maya C. Miller, Robert Jimison and Annie KarniA Late Play by the Biden Campaign: Running Out the Clock, by Adam Nagourney and Jim RutenbergHow Mar-a-Lago Became the Center of Gravity for the Hard Right, by Karen Yourish, Charlie Smart and David A. FahrentholdAt Least 25 Reported Killed in Israeli Airstrike at School Turned Shelter in Gaza, by Liam Stack and Anushka Patil‘Rust’ Jury Chosen After Questions About Guns, Movies and Alec Baldwin, by Julia Jacobs
Persons: Catie Edmondson, Maya C, Miller, Robert Jimison, Annie Karni, Adam Nagourney, Jim Rutenberg, Karen Yourish, Charlie Smart, David A, Liam Stack, Anushka Patil, Alec Baldwin, Julia Jacobs Organizations: Biden, Gravity Locations: Gaza
The bacon Double Stack lacked condimentsThe bacon Double Stack had ketchup, mustard, pickle, and onion. Division-1 winner: The bacon Double Stack triumphs for having baconThe bacon Double Stack had a decent variety of toppings. I was excited to dig into the Big Bacon ClassicThe Big Bacon Classic had a lot of sauce. The Big Bacon Classic triple seemed to have too much meatThe Big Bacon Classic triple seemed like a lot of meat. AdvertisementDivision-5 winner: The Jr. bacon cheeseburger was the best of this large poolThe Jr. bacon cheeseburger was my favorite in this category.
Persons: , Bacon, pretzel cheeseburgers, I've, Lucien Formichella, underseasoned —, Dave Thomas, I'd, Wendy's, would've, cheeseburger, Baconator, mayo, Charlie, Charlie Brown, hadn't, jalapeños, Pretzel Bacon, Cheeseburger, Big Bacon Organizations: Service, Business, mayo, Taco Locations: Wendy's, mayo, cheddar
In April, two German-Russian nationals were arrested for allegedly plotting bomb and arson attacks on targets including US military facilities on behalf of Russia. In London in March, several men were charged with working with Russian intelligence services to set fire to a Ukrainian-linked warehouse. And French authorities last month detained a Russian-Ukrainian man who was allegedly building bombs as part of a sabotage campaign orchestrated by Moscow. But a senior NATO official said the sabotage campaign is getting increasingly brazen and aggressive. “We’re seeing sabotage, assassination plots, arson — real things that have cost human lives.”This story has been updated with additional information.
Persons: Dan Day, we’ve, , Katie Bo Lillis Organizations: CNN, US, US Army, NATO, Command Locations: Europe, Russia, Ukraine, Riga, Latvia, London, Warsaw, Poland, Prague, Czech Republic, Paris, Ukrainian, Russian, Moscow
Nasdaq and S&P 500 notch another day of record closes
  + stars: | 2024-07-09 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNasdaq and S&P 500 notch another day of record closesAdam Crisafulli, Vital Knowledge founder, and Charlie Bobrinskoy, Ariel Investments vice chairman, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: Adam Crisafulli, Charlie Bobrinskoy, Ariel Organizations: Nasdaq, Vital Knowledge
Follow live coverage of Wimbledon 2024Welcome to the Wimbledon briefing, where The Athletic will explain the stories behind the stories on each day of the tournament. On day eight of Wimbledon 2024, Elena Rybakina stepped up to her new billing, the ATP made a germy decision, and there was chaos on Court One. Elena Rybakina is one of three players left in the women’s field who has won a Grand Slam title before. Rybakina plays with a big serve and with flat power that keeps her ball low. More importantly, do we too often discount the data point of winning a tournament on grass the week before Wimbledon?
Persons: Elena Rybakina, Rybakina, Julian Finney, , Anna Kalinskaya, , Elina Svitolina, She’s, Jelena Ostapenko, Barbora, Krejcikova, It’s, “ it’s, ” Matt Futterman, Yulia Putintseva, Ostapenko, Putintseva’s, Putintseva, 😂😂, ould, Fritz, ryo, aylor Fritz, Finney, Getty, bea, Rafael Nadal,, ” “Th, is ano, bec, hird, D., 🇪, 🇦 L., 🇸 A., Alves (Q, 🇹, B., Marte, J, Choi, 🇵, Nishiok, Goff, iva, J., 🇸 R., 🇷 L., 🇸 J., rin, Safi, T omlj, R, 🇸 R. M, Gade, 🇧 H., Tom o, 🇸 M., Zhan, 🇸, 🇳, Wang, 🇧, 🇦 28 D. Y, Bouzas, Su, D. Y, 🇷, ina, vito Organizations: Wimbledon, ATP, All England, Getty, WTA Tour, rte, acc, 🇨🇱, 🇬, 🇷, avon, 🇸, ritz, 🇺, ub, 🇧, (Q), 🇴 I. Begu, 🇴, Collins, Saville, Keys, uc Locations: Wimbledon, Ukraine, French
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. AdvertisementMicrosoft has reportedly decided to block employees from using Android devices to access its corporate platforms because Google's mobile services, including its Google Play app store, are unavailable in China. That leaves Apple's app ecosystem as the only place for Microsoft employees in China to download and use the Microsoft Authenticator and Identity Pass apps, according to the report. AdvertisementA Microsoft spokesperson previously told Business Insider that "recent events have demonstrated a need to adopt a new culture of engineering security in our own networks."
Persons: , Charlie Bell Organizations: Service, Bloomberg, Microsoft, Apple, Business, Future Initiative, Google, Android, US, State Department Locations: China
This story has been updated to reflect Elina Svitolina’s comments in her post-match press conference at Wimbledon. WIMBLEDON — Elina Svitolina wore a black ribbon during her Wimbledon last-16 match against Wang Xiyu, after Russian missile strikes killed and injured more than 100 Ukrainians across the country this morning. “It’s a very difficult day today for Ukrainian people,” she said, before beginning to cry. Her foundation, established in 2019, has brought over 1000 young Ukrainian players into tennis coaching. When asked whether she would shake her hand at this match, Svitolina said “she changed her nationality, so it means she doesn’t want to represent her original country, so it works.”(Andrej Isakovic/AFP via Getty Images)
Persons: Elina Svitolina’s, WIMBLEDON — Elina Svitolina, Wang Xiyu, ” Svitolina, , , Okhmatdyt, Volodymyr Zelenskyy, Svitolina, Yastremska, Varvara Gracheva, Elena Rybakina, Rybakina, Andrej Isakovic Organizations: Wimbledon, WIMBLEDON, Russian, , Okhmatdyt Children’s, , All England Club, England Club, Belarusian tennis, ATP, WTA, Kazakhstan tennis, Getty Locations: England, Ukraine, Kyiv, Belarusian, Russian, France, Moscow, Kazakhstan, AFP
Welcome to the Wimbledon briefing, where The Athletic will explain the stories behind the stories on each day of the tournament. On day seven of Wimbledon 2024, Carlos Alcaraz showed off his tennis diet, Lulu Sun kept building her story, and Daniil Medvedev set up a rematch. To really feel good on a tennis court, Carlos Alcaraz needs to play points that get the crowd off their seats. He lost the third set 6-1 and went on a run of losing four service games in a row. Even in an international sport like tennis, Wimbledon quarterfinalist Lulu Sun has quite some heritage.
Persons: Carlos Alcaraz, Lulu Sun, Daniil Medvedev, Ugo Humbert, Alcaraz, Humbert, Spaniard, Tommy Paul, — Charlie Eccleshare, Emma Raducanu, Sun, She’s, Julian Finney, Donna Vekic, Zhu Lin, Charlie Eccleshare Will Daniil Medvedev, Jannik, hadn’t, We’ll, Sinner, Medvedev, Adam Pretty, Grigor Dimitrov, Ben Shelton, he’ll, — Charlie Eccleshare Will Jasmine Paolini’s, Keys, Rob Newell, Camerasport, Paolini, Emma Navarro, — James Hansen, Paula Badosa’s, 🇷 F., Paul, 🇸 P., 🇪, 🇷 M., 7 🇦🇷 F, Dani e, C. O, A. T, 🇸 J. Muna, Du, L. N, J, 🇵 Y, Cobo, Mun, i tz 🇩, 🇧 F. J, Ker, B., C. Tau, Carl e, 🇸, Fernandez, 🇳 10 O. J, Golub, Boult e r 7 7 🇩, Mari, 🇴, eva, 🇷, 🇿 26, 🇷 16 E. J, Maia, 🇿, Wang, 🇧 E. R, ina, LL, odon, K, M., D., 🇸 19 E., Coll, Ry Organizations: Wimbledon, Getty, Madison Keys, Shelton, 🇬, Monfils, rgs, Walton, 🇰, 🇺, 🇸, Alcaraz 6, 🇷, 🇱 A. Rus, Navarro Locations: , Croatian, New Zealand, Switzerland, Devon, Melbourne
Iga Swiatek, the world No 1 who has never won Wimbledon, has been eliminated from this year’s tournament. Up against Kazakhstan’s Yulia Putintseva, the 5ft 4in world No. 35, Swiatek was defeated 3-6, 6-1, 6-2 in a third-round match on Court 1. Back in 2019, Putintseva beat the then world No 2 Naomi Osaka at Wimbledon. Putintseva certainly looked the sharper of the two, racing around the court and rushing Swiatek, taking away her rhythm.
Persons: Iga Swiatek, Kazakhstan’s Yulia Putintseva, Swiatek, Alize Cornet, Jannik, Putintseva, Naomi Osaka, Roland Garros, craves, Jelena Ostapenko, Coco Gauff, Clive Brunskill Organizations: Wimbledon, Birmingham, All England, undercooked, Paris Olympics Locations: Paris
The Supreme Court seemed to take two views of executive power this term, saying presidents should have immunity to free them from constraints while also scaling back the ability of the executive branch to impose regulations. But both have been the targets of the conservative legal movement, which sees no contradiction. In a victory for former President Donald J. Trump that will reverberate long after he is gone, the court’s conservative supermajority bestowed immunity from prosecution upon presidents who use their office to commit crimes. The same justices issued a series of rulings that will make it harder for administrative agencies to impose rules that can cut into the profits of business interests. In the eyes of the conservative legal movement, presidential power is good while that of regulatory agencies — even though they are housed in the executive branch — is bad.
Persons: Donald J, Trump
5 Minutes That Will Make You Love Wayne Shorter
  + stars: | 2024-07-03 | by ( Marcus J. Moore | ) www.nytimes.com   time to read: +2 min
This month we feature Wayne Shorter, the iconoclastic composer and tenor saxophonist whose work with Art Blakey, Miles Davis, Weather Report and through his own solo discography has influenced generations of like-minded visionaries to push the boundaries of jazz. As a member of the quintet, Shorter once said, “it wasn’t the bish-bash, sock-’em-dead routine we had with Blakey, with every solo a climax. “All of us wrote some songs, I wrote a couple of things myself, but the main writer: Wayne,” Hancock told me over the phone recently. But most of the things we recorded were written by Wayne.” The quintet broke up in 1968; Shorter worked with Davis until 1970. In recent years, even though they’d been collaborators for several decades, Hancock and Shorter became best friends.
Persons: Wayne Shorter, Art Blakey, Miles Davis, it’s, Miles, Shorter, Herbie Hancock, Ron Carter, Tony Williams —, Davis “, , Ian Carr, Blakey, ” Shorter, Wayne, ” Hancock, , Charlie Parker, Dizzy Gillespie, Davis, Joe Zawinul, Hancock, they’d
David Paul Morris/Bloomberg via Getty ImagesThe U.S. stock market has become dominated by about a handful of companies in recent years. Some experts question whether that "concentrated" market puts investors at risk, though others think such fears are likely overblown. The so-called "Magnificent Seven" — Apple , Amazon , Alphabet , Meta , Microsoft , Nvidia and Tesla — make up about 31% of the index, it said. Why stock concentration may not be a concernThe S&P 500 tracks stock prices of the 500 largest publicly traded companies. When there were big market crashes, they generally don't appear to have been associated with stock concentration, he added.
Persons: Jensen Huang, David Paul Morris, Morgan Stanley, Charlie Fitzgerald III, John Rekenthaler, Rekenthaler, Elroy Dimson, Paul Marsh, Mike Staunton, We've, Goldman Sachs, Fitzgerald, Moisand Fitzgerald Tamayo, Charlie Fitzgerald Organizations: Nvidia Corp, Blackwell, Nvidia, Technology, Bloomberg, Getty, Microsoft, Tesla, U.S, Finance, Morningstar, Big U.S, Goldman, Goldman Sachs Research Locations: Orlando , Florida, U.S, Switzerland, France, Australia, Germany, South Korea, United Kingdom, Taiwan, Canada
The Supreme Court’s three Democratic appointees railed in dissent against the conservative majority’s ruling that former President Donald J. Trump has some immunity for his official actions, declaring that their colleagues had made the president into “a king above the law.”Writing that the majority was “deeply wrong,” Justice Sonia Sotomayor added that beyond its consequences for the bid to prosecute Mr. Trump for his attempt to subvert the outcome of the 2020 election, it would have “stark” long-term consequences for the future of American democracy. “The court effectively creates a law-free zone around the president, upsetting the status quo that has existed since the founding,” she wrote, in an opinion joined by the other two Democratic appointees, Justices Elena Kagan and Ketanji Brown Jackson. Insulating the president of the United States — the most powerful person in the country and possibly the world, she noted — from criminal prosecution when he uses his official powers will allow him to freely use his official power to violate the law, exploit the trappings of his office for personal gain, or other “evil ends.”
Persons: Donald J, Trump, Sonia Sotomayor, Mr, , Elena Kagan, Ketanji Brown Jackson Organizations: Democratic, United Locations: , United States
The Supreme Court’s decision to bestow presidents with immunity from prosecution over official actions is an extraordinary expansion of executive power that will reverberate long after Donald J. Trump is gone. Beyond its immediate implications for the election subversion case against Mr. Trump and the prospect that he may feel less constrained by law if he returns to power, the ruling also adds to the nearly relentless rise of presidential power since the mid-20th century. It had seemed like a constitutional truism in recent years when more than one lower-court opinion addressing novel legal issues raised by Mr. Trump’s norm-breaking behavior observed that presidents are not kings. “The relationship between the president and the people he serves has shifted irrevocably,” Justice Sonia Sotomayor wrote in an outraged dissent joined by the court’s other two liberals. “In every use of official power, the president is now a king above the law.”
Persons: Donald J, Trump, Sonia Sotomayor, Organizations:
Americans think they need a whole lot more money than they're making to feel comfortable, according to a new survey. The latest survey from Bankrate, which polled 2,407 US adults from May 16 to 20, looks at how much Americans think they need to make to feel financially secure. According to the survey, Gen Z respondents said a $200,000 annual salary would ensure their financial security. Millennials said they'd need $199,000, and for Gen Xers and baby boomers, their financial security targets were at $183,000 and $171,000, respectively. To be sure, it's not all bad for Gen Z. TransUnion's latest Consumer Pulse Study found that Gen Z is "the most stable of any generation" in this year's second quarter, with 45% of them reporting wage increases over the past three months.
Persons: Gen, Millennials, Gen Xers, Gen Zers, Sarah Foster, Z, Zers, Michele Raneri, it's, They're, Charlie Wise, that's, Zer Organizations: Service, Business, Survey, Consumer Finances, Washington Post, Bureau of Labor Statistics, BI, Millennials, TransUnion Locations: Bankrate
Welcome to the Wimbledon briefing, where The Athletic will explain the stories behind the stories on each day of the tournament. For world No 2 Coco Gauff, the draw at this year’s Wimbledon has been more than kind: It’s been positively loving. There are no Wimbledon champions in this half of the draw, but there is still a four-time slam winner. (Glyn Kirk / AFP via Getty Images)Can Frances Tiafoe make this the first day of the rest of his tennis life? Tiafoe came back from two sets down for the first time in his career, winning 6-7(5), 2-6, 6-1, 6-3, 6-3.
Persons: Casper Ruud, Aryna Sabalenka, Frances Tiafoe, Casper Ruud’s, Ruud, Alexander Zverev, Alex Bolt, Henry Nicholls, I’m, , Swiatek, you’ve, Coco Gauff, Victoria, Zheng, Lulu Sun, Mirra, , Brenda Fruhvirtova, Jasmine Paolini, Maria Sakkari, Gauff, Caroline Dolehide, Naomi Osaka, Diane Parry, Glyn Kirk, Tiafoe, Mateo Arnaldi, ” Tiafoe, He’s, Roland Garros, craves, Borna Coric, — Carlos Alcaraz, Ben Stansall, Erika Andreeva, Britain’s Sonay Kartal, Aryna, Linda, Erika, Donna Vekic, rika, ade, ound, hird, Ber, G, 🇦🇷 18 S. Baez, 🇿 J., Kor, Borge, Dan, 🇪 E., Diaz, Hurkacz 🇲🇩 R, 🇸 J., . Ju, Kar, J, Fearnley, 🇹 1, Nakashima 🇦 🇺 J., F. J, 🇷 P., eva 🇩🇪, 🇦, A. Pot, Colli, 🇸, . Wozniacki, Bro, Fer, U vardy, Tomova 🇺 🇸, 🇴, K, 🇿 K., Yastrems, 🇷, Wang, 🇹, Danilo, eva, 🇯, Nava Organizations: Wimbledon, London, Getty, Tennis, Victoria Azarenka, U.S, 🇬, Monfils, ritz, emi, eni, Sta Locations: Wimbledon, Halle, Germany, Queen’s, London, Norway, Swiatek’s, Italy, AFP, Roehampton, Russian, Croatia, novi, Bou, Ste
Welcome to the Little Britain Inn, a corner of Germany that shall remain forever England. Because that’s the thing about the Little Britain Inn. In fact, the reason the Little Britain Inn exists is because of a cross-cultural argument. The Little Britain Inn also rates 4.8 out of 5 on Google. Some of our best guests have been here eight or 10 times – it’s like they’re our friends.”Today, the Little Britain Inn is going from strength to strength.
Persons: , Jack, that’s, there’s, Queen Elizabeth, Prince William, , Blinders, Julia Buckley, Robin Hood, James Bond, Queen Elizabeth II, . Bean, Jack Sparrow, Alice, Wonderland, the, William, Meghan, Harry, Charles, Camilla, Princess Diana, Brexit Gary Blackburn, Gary Blackburn, Blackburn, Monika, who’s, it’s, who’d, he's, Unkel –, Who, they’d, Union Jack –, England, , Bean, Agatha Christie, Harry Potter, – Blackburn, traipse, King Charles, Emma Bridgewater, King Charlie's, John Deere, Emily, Alyson, wouldn’t, They’re, Diana, Gary’s Organizations: Germany CNN, England, lifesize Paddington Bears, Paddington Bears, CNN, Paddington Bear, Brit, European Union, EU, Blackburn, Little, Linz –, Royce, Union, Google, YouTube, Regulars Locations: Vettelschloss, Germany, Rheinland, Pfalz, Rhineland, Palatinate, Bonn, West Germany, Cologne, Little Britain, Trafalgar, Little, England, British, German, Poland, Unkel, Linz, London, Blackburn, Guildford, Charles, Cornwall, Birkenstock, Argentina
CNN —Several US military bases across Europe were put on a heightened state of alert over the weekend, with the level of force protection raised to its second-highest state amid concerns that a terrorist attack could target US military personnel or facilities, according to two US officials. The bases, including the US Army garrison in Stuttgart, Germany where US European Command is headquartered, raised their alert level to Force Protection Condition “Charlie” on Sunday, the officials said. But he told CNN that USEUCOM is “constantly assessing a variety of factors that play into the safety of US military community abroad. Since March, France has raised its national security alert system to the highest level, according to the US embassy in France. “French authorities actively monitor terrorist threats from organized groups and radicalized individuals,” the embassy said.
Persons: Charlie ”, , Dan Day, USEUCOM, Nancy Faeser Organizations: CNN, US Army, US, Command, Cdr, Paris Olympics, , Olympic Games Locations: Europe, Stuttgart, Germany, ” France, France
Charlie Munger wasn't just an acclaimed investor, one of the masterminds behind Berkshire Hathaway's decades of financial success. He also gave great life advice, according to billionaire philanthropist Melinda French Gates. French Gates, 59, shared her favorite lesson of Munger's during a recent commencement speech at Stanford University. "As a society, we aren't always set up to feel responsibility for the person who's next to us or the person who's on the other side of a divide or a debate," French Gates added. Similarly, French Gates urged her audience to make "strong, reciprocal bonds with other people, even if they disagree on issues big or small."
Persons: Charlie Munger wasn't, Melinda French Gates, French Gates, Charlie, Gates, Munger, Berkshire Hathaway — Warren Buffett's, Lisa Skeete Tatum, Landit, Skeete Tatum Organizations: Stanford University, Berkshire, CNBC Locations: Berkshire, French
Sixteen years ago, Warren Buffett's Berkshire Hathaway unveiled a $230 million investment in Chinese electric vehicle startup BYD , sparking questions about the conglomerate's unusual foray into early-stage technology. Lately, Berkshire has been selling down the position, ringing the register after earning billions of dollars during its hyper-growth phase. Berkshire trimmed its BYD stake to 5.99% as of June 19 from 7% just a few days earlier , according to a Hong Kong Stock Exchange filing . It has since become the top car brand in China, as well as a major producer of EV batteries. "From a standing start at zero and with very little capital, he rapidly was able to create the best-selling single model in China," Munger said.
Persons: Warren Buffett's Berkshire Hathaway, Charlie Munger, , Munger, Wang Chuanfu, he's, Buffett, Thomas Edison, Bill Gates, BYD, Tesla, Li Lu Organizations: Hong Kong Stock Exchange, Oracle, EV, Elon, Seattle, Capital, Berkshire Locations: China, Berkshire, Munger, Omaha, Shenzhen, Hong Kong
Kagan said all the kids kept asking, "Can I bring my Sephora?" Related storiesBryn Mawr has become one of several ritzy sleepaway camps — including Camp Mataponi in Maine and Tyler Hill Camp in Pennsylvania — that have sent letters discouraging or explicitly banning luxury skincare products. AdvertisementJane Kagan, left, said she knew she had a problem when fourth and fifth graders were asking her about bringing their many skincare products to camp. Tali Shustik, whose 9-year-old daughter, Jett, attends Tyler Hill, said she was "thrilled" when she got the email from Siegel discouraging beauty products at camp. While Tyler Hill hasn't enacted an all-out ban, it allows campers to bring only the products they use regularly.
Persons: Jane Kagan, she's, Kagan, Stanley quenchers, Bryn Mawr, Camp Mataponi, Tyler, who's, Bryn Mawr's, Poconos, Wendy Siegel, Tyler Hill, Tali Shustik, Jett, Siegel, retinol, Shustik, I've, Rebekah Kondrat, she'd, Stanley, Kondrat, Mario Badescu, Jessica Newman, Scatico, Newman, Tyler Hill hasn't, glumly, Tali Shustik Rebecca Waxman Wuhl, Camp Canadensis, nonessential, Charlie, Ontario hadn't, I'm, Sol, It's, Dave Benett, pushback Organizations: Somerset Camp, Girls Locations: Bryn Mawr, Pennsylvania, Maine, Boca Raton , Florida, New York, Hudson, Florida, Philadelphia, Toronto, Ontario, Janeiro, Byoma
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to five charities. After Friday's donations, Buffett owns 207,963 Berkshire A shares and 2,586 B shares, worth about $130 billion. He told the Journal that the Bill & Melinda Gates Foundation will no longer receive donations after his death. Buffett resigned as a trustee at the Gates Foundation in June 2021 in the midst of Bill and Melinda Gates' divorce.
Persons: Warren Buffett, Berkshire Hathaway, Melinda Gates, Susan Thompson Buffett, Howard, Susan, Peter Buffett, Buffett, haven't, we've, Charlie Munger, Greg Abel Organizations: Berkshire, Berkshire Class, Melinda Gates Foundation, Susan Thompson Buffett Foundation, Oracle, Wall Street Journal, Gates Foundation Locations: Omaha , Nebraska, Omaha, Berkshire, Douglas
Twice in two days, the Supreme Court’s conservative supermajority has issued sweeping rulings that cut against established precedents and will hamstring the ability of regulatory agencies to impose rules on powerful business interests. On Friday, the six Republican-appointed justices overturned a 40-year-old foundational part of administrative law, the Chevron doctrine, which will make it easier to successfully challenge regulations in court by eliminating a requirement that courts defer to the expertise of federal agencies in interpreting their laws. The day before, the justices had struck down a key practice used by many agencies to enforce rules via in-house tribunals, rather than suing accused malefactors in federal court before juries. Each decision turned on a different rationale, but both pointed in the same direction: eroding the power of the federal regulatory bureaucracy. And the pair of decisions are only the most recent notes to sound that theme, making clear that the current majority’s pursuit of a deregulatory agenda will be part of its legacy.
Persons: malefactors Organizations: Republican Locations: Chevron
CNN —Reigning world champion Simone Biles finished atop of the leaderboard after the first night of competition at the 2024 US Olympic Gymnastics Trials Friday in Minneapolis. Jordan Chiles sits in second with 56.400 points and Suni Lee in third with 56.025 points ahead of Sunday night’s trials finale. For reference, Biles posted identical 14.800 scores in both of her attempts at the US Gymnastics Championships four weeks ago, when she won her ninth all-around title. Simone Biles competes on the balance beam at the United States Gymnastics Olympic Trials in Minneapolis, Minnesota on June 28, 2024. Simone Biles competes on the uneven bars on Day Two of the 2024 U.S. Olympic Team Gymnastics Trials at Target Center in Minneapolis, Minnesota on June 28, 2024.
Persons: Simone Biles, Jordan Chiles, Suni Lee, Biles, Charlie Riedel, Jamie Squire, Organizations: CNN, Reigning, US, United States, Paris Olympics, Tokyo, Olympic, Target Locations: Minneapolis, Minneapolis , Minnesota, Paris, American
Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Best Buy : Jim said Best Buy's pullback in recent days has created a buying opportunity in the electronics retailer. Salesforce : The stock has in recent weeks clawed back some of its post-earnings plunge , even before Thursday's 6% surge. Wynn Resorts : Wynn is another stock in the portfolio that, it's become increasingly clear, trades based on its exposure to China. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, Jim, Wall, Abbott, Johnson, We're, haven't, it's, Walt Disney, Estee Lauder, levered, Eli Lilly, Lilly, Morgan Stanley, Goldman Sachs, OpenAI, Jensen Huang, Nikesh Arora's, Stanley Black, Decker, TJX, We've, Wells, Charlie Scharf poaches, Wynn, Jim Cramer, Michael M Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Abbott Laboratories, Prime, Web, Broadcom, VMWare, Costco Wholesale, Costco, Coterra Energy, DuPont, Walt, Disney, Nvidia, Ford Motor, Ford, Blue, Motors, GE Healthcare, GE, Management, Honeywell, Linde, Microsoft, Palo Alto Networks, Procter & Gamble, Constellation Brands, Modelo, Corona, Fed, TJX, JPMorgan, Wynn Resorts, Wynn, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: China, Covid, Dover, Eaton, Palo Alto, U.S, Wells Fargo, Las Vegas
Total: 25