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☆ Biden is heading to Europe. A king and a war are on his agenda
▼ + stars: | 2023-07-08 | by ( ) www.cnbc.com time to read: +4 min

After arriving at night in London, Biden will meet the next day with King Charles III for the first time since he was crowned. Next is the centerpiece of the trip, the NATO summit in Vilnius, Lithuania. The final stop is in Helsinki, where Biden on Thursday is expected to celebrate the expanding alliance, with Finland as the newest member of NATO. Biden did not attend Charles' coronation — first lady Jill Biden went in his place — so this will be their first encounter since then. VilniusBiden will spend two days in the capital of Lithuania, which is hosting the annual NATO summit.

Persons: Joe Biden, Kevin Wurm, Biden, King Charles III, Jake Sullivan, London Biden, Max Bergmann, Rishi Sunak, Sunak, Bergmann, Sunak's, Boris Johnson, Charles, Jill Biden, They're, Jens Stoltenberg, Sen, Thom Tillis, bicker, Tillis, Jeanne Shaheen, Vladimir Putin Organizations: Air Force, Joint Base Andrews, NATO, Alliance, State Department, Center for Strategic, International Studies, Downing St, Conservative Party, Vilnius Biden, Vilnius University, Helsinki Locations: Washington, Dover , Delaware, Joint Base Andrews , Maryland, Europe, Ukraine, London, Vilnius, Lithuania, Helsinki, Finland, Sunak, Windsor, U.S, Turkey, Hungary

☆ Biden to announce $42 billion high-speed internet initiative
▼ + stars: | 2023-06-26 | by ( Emma Kinery | ) www.cnbc.com time to read: +2 min

US President Joe Biden boards Air Force One at San Francisco International Airport in San Francisco, as he travels back to the White House, June 21, 2023. WASHINGTON — President Joe Biden is kicking off a more than $42 billion plan to give every American household access to high-speed internet by 2030. White House officials compared the plan to Franklin D. Roosevelt's effort to bring electricity to rural America in the 1930s. "Put simply, high-speed internet is a necessity in today's society," said Mitch Landrieu, White House infrastructure coordinator. "President Biden and Vice President Harris are committed to leaving no community behind as we connect everyone in America to high-speed internet."

Persons: Joe Biden, Gina Raimondo, Franklin, Mitch Landrieu, Biden, Harris Organizations: Air Force, San Francisco International Airport, White House, WASHINGTON, Infrastructure Law, U.S . Department of Commerce, Broadband Equity, White Locations: San Francisco, America, Texas, House

☆ The New Zealand prime minister's plane is so old they sent an empty backup plane so he didn't get stranded in China
▼ + stars: | 2023-06-26 | by ( Associated Press | ) www.businessinsider.com time to read: +3 min

New Zealand uses Betty, an aging Boeing 757, to transport Prime Minister Chris Hipkins. Betty's so prone to breakdowns that they sent an empty backup so he didn't get stranded in China. The twin Royal New Zealand Air Force planes are about 30 years old and due to be replaced by 2030. Back in New Zealand, acting Prime Minister Carmel Sepuloni was left to explain. In 2016, then Prime Minister John Key was on his way to India with a delegation when they got stuck in Australia until a backup plane was sent from New Zealand.

Persons: Betty, Chris Hipkins, Chris Hipkins didn't, Carmel Sepuloni, John Key, Key, Sepuloni, David Seymour, We're Organizations: Boeing, Royal New Zealand Air Force, Morning, Air Force, ACT Locations: China, WELLINGTON , New Zealand, United States, New Zealand, Manila, Wellington, Beijing, India, Australia, Mumbai

Hunter Biden arrives at Hancock Field Air National Guard Base after disembarking from Air Force One with his father, U.S. President Joe Biden, in Syracuse, New York, Feb. 4, 2023. Hunter Biden, the son of President Joe Biden, has agreed to plead guilty to two federal misdemeanor crimes of willfully failing to pay federal income taxes, a court filing Tuesday revealed. The corrupt Biden DOJ just cleared up hundreds of years of criminal liability by giving Hunter Biden a mere 'traffic ticket,'" Trump wrote. Trump later wrote on Truth Social: "People are going wild over the Hunter Biden Scam with the DOJ!" "These charges against Hunter Biden and sweetheart plea deal have no impact on the Oversight Committee's investigation.

Persons: Hunter Biden, Joe Biden, Chris Clark, Hunter's, Delaware David Weiss, Weiss, Donald Trump, Joe Biden's, Hunter —, Hunter, Ian Sams, Merrick Garland, Clark, Trump, James Comer, Biden, Biden's, Comer Organizations: Hancock Field Air National Guard Base, Air Force, CNBC, NBC, U.S, Attorney, Prosecutors, Department, Justice, United States Attorney's Office, District of, Government, White, Biden DOJ, Hunter, DOJ, Kentucky Republican Locations: Syracuse , New York, U.S, Delaware, Malibu , California, District of Delaware

☆ Boeing defense margins to remain flat in second quarter
▼ + stars: | 2023-06-18 | by ( ) www.reuters.com time to read: +1 min

June 18 (Reuters) - Margins at Boeing's (BA.N) defense unit will look similar in the second quarter to its first-quarter results, Boeing Defense CEO Ted Colbert said Sunday. Margins at its defense unit were negative in the first quarter as Boeing recorded a $245 million pre-tax charge on the KC-46 tanker program. Colbert declined to say whether Boeing would take another charge on the KC-46, which has logged more than $7 billion in losses. He added that there is a “ton of activity” to improve performance at Boeing's defense unit but that it will take time for improvements to be seen. Boeing remains focused on "starting every program the right way," including a contract structure that gives Boeing a "fair shake and healthy business," Colbert said.

Persons: Ted Colbert, Colbert, “, ” Colbert, Valerie Insinna, Hugh Lawson, Mark Potter Organizations: Boeing, KC, Air Force, Thomson Locations: Paris

Shortly after John F. Kelly took over as Mr. Trump’s chief of staff in July 2017, Mr. Kelly and other aides grew concerned that some documents were likely presidential records and might go missing if they were kept in the residence. They impressed upon Mr. Trump that the papers had to be tracked, but he was not especially interested, the people said. Aides started examining the boxes to check for presidential records, but Mr. Trump still found ways to bring items to the residence. The same was true when Mr. Trump left the White House, according to one person briefed on how he behaved. The charging document includes photos detailing just how many dozens of those cardboard boxes Mr. Trump had amassed.

Persons: John F, Kelly, Trump’s, Trump Organizations: Air Force, White

Republican hopefuls have alleged, without evidence, that the investigation into Trump, who is running to unseat Biden from the White House in 2024, is politically motivated. As the charges against Trump were unsealed, Biden was in North Carolina, where he was discussing his economic agenda and had plans to meet with military members. BIDEN, TRUMP IN SWING STATENorth Carolina is a key political swing state that Republicans are courting this weekend during a state convention. North Carolina, with 15 electoral votes, is an important political swing state that Trump won, though only with a slim margin, in 2020. He leads the North Carolina Republican field with 44% of the vote, followed by DeSantis at 22%, the poll shows.

Persons: ROCKY, Joe Biden, General Merrick Garland, Department's, Donald Trump, I’m, Biden, White, Olivia Dalton, Garland, Jack Smith, Trump, BIDEN, Jill, Ron DeSantis, DeSantis, Nandita Bose, Jeff Mason, Sarah Lynch, Jarrett Renshaw, Heather Timmons, Alistair Bell, Daniel Wallis, Diane Craft Organizations: Trump, White House, DOJ, Air Force, FBI, TRUMP, Nash Community College, Fort Liberty, Diagnostics, North Carolina Republican, White, Liberty, Thomson Locations: N.C, North Carolina, Carolina, Rocky Mount, Florida, Philadelphia . North Carolina, Fort Bragg

☆ Fact Check-Clip of Donald Trump boarding Air Force One filmed in September 2020
▼ + stars: | 2023-06-08 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A clip of Donald Trump boarding Air Force One was filmed in September 2020, and not in June 2023 as claimed online. The video, filmed at night, shows former U.S. President Donald Trump walking up the steps to board the presidential plane, Air Force One, while his daughter Ivanka, her husband Jared Kushner and their children wait at the bottom of the stairs. The C-SPAN video shows Trump’s visit to Pittsburgh for a campaign rally on Sept. 22, 2020 at Pittsburgh International Airport, including boarding Air Force One afterwards. Trump can also be seen boarding Air Force One in a livestream uploaded by Right Side Broadcasting on Sept. 22, 2020 (timestamp 5.03.45s) (bit.ly/43rFZqI). The clip shows Donald Trump boarding Air Force One after a Sept. 22, 2020 rally in Pittsburgh.

Persons: Donald Trump, Ivanka, Jared Kushner, “, ”, Trump, Jared, Read Organizations: Air Force, TRUMP, SPAN, Pittsburgh International Airport, Right Side Broadcasting, New York Times, Agence France, Reuters Locations: Pittsburgh

☆ White House says Biden is fine after tripping on sandbag and falling on stage at Air Force Academy commencement
▼ + stars: | 2023-06-01 | by ( Kevin Liptak | ) edition.cnn.com time to read: +3 min

CNN —President Joe Biden tripped on a sandbag and fell as he completed handing out diplomas at the US Air Force Academy commencement in Colorado on Thursday. A group of men, including an official with the Air Force Academy and two Secret Service agents, grasped onto Biden’s arms to help him back to his feet. He’s also been seen slipping on the stairs as he boards Air Force One. In his speech to graduates, Biden did make light of his age, which his political rivals have seized upon as evidence of an inability to serve another term. Biden told US Air Force Academy graduates they were entering a rapidly changing world as he stressed the critical role of US support for its allies and partners and emphasized ongoing US assistance for Ukraine.

Persons: Joe Biden, Biden, “, ”, Ben LaBolt, didn’t, He’s, ” Biden’s, ” Biden Organizations: CNN, US Air Force Academy, Air Force Academy, Secret Service, Twitter, Air Force, Naval Academy, Ukraine, Intelligence Locations: Colorado, Delaware, Ukraine, China

☆ Biden tripped on stage at the US Air Force Academy graduation
▼ + stars: | 2023-06-01 | by ( Kelsey Vlamis | Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

President Joe Biden stumbled during a ceremony at the Air Force Academy. The White House said he was fine after he appeared to have tripped over a sandbag. Ben LaBolt, the White House communication director, said Biden tripped over a sandbag and is uninjured. Beyond occasional stumbles up Air Force One's steps, Biden fell off his bike while riding near his beach house in Delaware last summer. The president appeared uninjured and told reporters after "I'm good."

Persons: Joe Biden, Biden, —, Ben LaBolt, Jeff Mordock, Biden's Organizations: Air Force Academy, Service, US Air Force Academy, House, The Washington Times, Republican, Force Locations: Colorado Springs , Colorado, Delaware

☆ Inside a debt ceiling standoff ‘far more dangerous than people will recognize’
▼ + stars: | 2023-05-31 | by ( Jeremy Diamond Lauren Fox Melanie Zanona Phil Mattingly Arlette Saenz Kevin Liptak | Jeremy Diamond | Lauren Fox | ) edition.cnn.com time to read: +17 min

“She’s well respected by both sides,” McCarthy said of the former longtime House Appropriations Committee staffer, according to White House officials. “Asking me about the communication (with the White House) implies there was communication,” one House Democrat said. For the White House negotiators, that meant late nights and early mornings. The White House negotiators left Capitol Hill abruptly and for hours, it was unclear when the conversations would resume. Quietly, White House negotiators had never actually stopped talking to their Republican counterparts.

Persons: Joe Biden, Kevin McCarthy, McCarthy, “, “ You’ve, ” Rep, Patrick McHenry, Biden, Steve Ricchetti, Shalanda Young, Louisa Terrell, ” McCarthy, James S, Alex Wong, Young, Garret Graves, ” Graves, Graves, Tom Cole of, ” Cole, White, Jeff Zients, McHenry, ‘, Chuck Schumer, Hakeem Jeffries, Ricchetti, ”, ” Terrell, Dan Meyer, –, apprised, decamping, ’, Anna Moneymaker, nonstarters, ” McHenry, McHenry –, —, Susan Walsh, businesslike, Biden’s, Eisenhower, Zients, Jose Luis Magana, Young –, Louisianans –, Jim Clyburn, Clyburn, Annie Kuster, ” Kuster, wasn’t, ” Young Organizations: CNN, White, ”, Republican, Legislative, Young, Management, Brady, Capitol, White House, GOP, McCarthy’s, Pennsylvania, Capitol Hill, U.S, Biden, Democrat, Democratic, Republicans, Building, Air Force, West Executive, LSU Tigers, South Carolina Democrat, New Democrat Coalition, Democrats Locations: Irish, Washington , DC, Louisiana, Tom Cole of Oklahoma, McHenry, Hiroshima, Japan, Washington

☆ Biden and McCarthy's bumpy journey to a debt ceiling deal
▼ + stars: | 2023-05-29 | by ( Steve Holland | ) www.reuters.com time to read: +6 min

During months of tense exchanges over the U.S. debt ceiling, McCarthy has also taken some swipes at Biden. Arguing that Biden should meet him to discuss his demands for lifting the debt ceiling in March, McCarthy made fun of the 80-year-old president's advanced age. "I would bring lunch to the White House. But it also preserves much of Biden's Inflation Reduction Act and punts the next debt ceiling showdown into 2025, which Republicans hate. Although he initially called for the debt ceiling to be raised without negotiations, he ended up making compromises.

☆ US economy on the brink as time runs low to avert debt default
▼ + stars: | 2023-05-22 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

After a weekend of acrimony between negotiators for House Republicans and the White House, Biden will meet House Speaker Kevin McCarthy Monday for critical talks on pulling the economy back from the precipice. Biden and McCarthy to meet MondayThe rhetoric eased a little, however, after Biden and McCarthy spoke as the president flew home on Air Force One. McCarthy already passed a bill raising the debt ceiling in exchange for a wish list of Republican demands. This is a balance of power that ought to drive both sides towards a compromise, but extremist elements in the House GOP could make that impossible. Like McCarthy, Biden also faces political pressure within his own party after some progressive Democrats expressed fears he would offer the speaker too much in any deal.

When asked what message he would share with McCarthy, he declined to comment before talking with McCarthy first. The source also said House Republicans wanted to extend tax cuts passed under then-President Donald Trump, which would add $3.5 trillion to the federal debt. White House officials said they were expecting the call between Biden and McCarthy to take place as Biden flew home on Air Force One from the summit in Hiroshima. Biden heads back to Washington on Sunday after truncating his Asia trip to focus on the debt limit talks. Congressional Republicans voted to raise the debt ceiling three times, with no budget cut pre-conditions, when Republican Trump was in the White House.

☆ Biden says GOP must move off 'extreme' positions, and that there will be no debt limit deal solely on its 'partisan terms'
▼ + stars: | 2023-05-21 | by ( ) www.cnbc.com time to read: +4 min

GOP lawmakers are holding tight to demands for sharp spending cuts, rejecting the alternatives proposed by the White House for reducing deficits. GOP lawmakers are also seeking cuts to IRS funding and asking the White House to accept provisions from their proposed immigration overhaul. Republicans had also rejected White House proposals to raise revenues in order to further lower deficits. He said "the socialist wing" of the Democratic party appears to be in control, "especially with President Biden out of the country." For months, Biden had refused to engage in talks over the debt limit, insisting that Congress was trying to use the borrowing limit vote as leverage to extract other policy priorities.

Walking away, President Joe Biden wrapped his arm around Zelensky’s shoulders. None of the G7 leaders are particularly popular at home, even as they produce results abroad. After all, it was Trump who had argued over dinner at the 2019 G7 summit in Biarritz, France, that Russia should be allowed back into the group. That level of chaos was nowhere to be found in Hiroshima this past week, when leaders appeared to generally like each other. Even before Biden left for the G7 summit, the stalemate over raising the federal borrowing limit prompted a scramble to rearrange the president’s engagements so he could return to Washington early.

"The international community is at a crossroads in history," Prime Minister Kishida told a briefing following his more than hour-long meeting with Biden. Japan, although a longtime buyer of Russian oil, has moved in tandem with G7 sanctions against Moscow following Russia's February 2022 invasion of Ukraine. That military action has also raised fears among Japanese that China could be emboldened to take action against neighbouring, self-ruled Taiwan unless Russia is stopped. TIGHTEN SANCTIONSThe G7 will aim to tighten sanctions on Russia to prevent it skirting measures already in place, Germany's leader, Olaf Scholz, said on Thursday. Kishida later said he and Biden had agreed to continue "strict sanctions against Russia as well strong support for Ukraine".

☆ Chipmakers look to Japan as worries about China grow
▼ + stars: | 2023-05-18 | by ( ) edition.cnn.com time to read: +2 min

Japanese Prime Minister Fumio Kishida said he welcomed and expected more investment from global chipmakers, after meeting top executives on Thursday before a Group of Seven summit. Growing Taiwan and US tensions with China have brought serious challenges to the semiconductor industry. “I am very pleased with your positive attitude towards investment in Japan, and would like the government as a whole to work on further expanding direct investment in Japan and support the semiconductor industry,” Kishida said. Japan's Prime Minister Fumio Kishida meets executives of major global chipmakers ahead of a G7 summit. In particular, Kumamoto prefecture in southwestern Japan is quickly becoming a hotbed for tech investment from companies including TSMC and Fujifilm Holdings Corp (FUJIF).

☆ Factbox: Biden, McCarthy debt ceiling deal - what's in, what's out
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +3 min

PERMITTING CHANGESA compromise is possible on reforming the process for energy permits and White House officials say it is being actively discussed. The White House has called on Congress to pass permitting legislation that would help speed up clean energy and fossil fuel projects. The White House has for the most part ruled out Republican spending cuts. But Republicans are insistent that any debt ceiling deal will have to including spending cuts, and negotiations continue on this front. The White House has countered with a proposal for capping spending for two years.

☆ As G-7 Summit kicks off in Hiroshima, China and Russia are on everyone’s minds
▼ + stars: | 2023-05-18 | by ( Jihye Lee | ) www.cnbc.com time to read: +5 min

A man rides his bicycle past a "G7 Hiroshima" flower sign at the Peace Memorial Park in Hiroshima, ahead of the G7 Leaders' Summit, on May 17, 2023. (Photo by Philip FONG / AFP) (Photo by PHILIP FONG/AFP via Getty Images) Philip Fong | Afp | Getty ImagesThe annual Group of 7 summit officially kicks off on Friday in Hiroshima, Japan. A sign of G7 Hiroshima Summit is pictured in Hiroshima, ahead of the G7 Leaders' Summit, on May 16, 2023. G-7 finance leaders and central bankers finalized a three-day meeting in Niigata last week. "The U.S. will have a package of sanctions associated with the G-7 statement that will center on this enforcement issue," he told reporters.

☆ G7 summit: Biden arrives in Japan starting with meeting with PM Kishida
▼ + stars: | 2023-05-18 | by ( Kevin Liptak | ) edition.cnn.com time to read: +3 min

CNN —President Joe Biden arrived in Japan on Thursday for a truncated Asia visit meant to bolster allies amid China’s growing military and economic ambitions. Left with only a stop in Japan for the Group of Seven summit, Biden will attempt to coalesce the leaders of some of the world’s largest economies around a commitment to take on Beijing’s aggressions. He’s also selected the symbolic city of Hiroshima, where he has family roots, to host world leaders. President Barack Obama paid a historic visit here in 2016, laying a wreath in a memorial park and meeting with some survivors. The bombing of Hiroshima hastened an end to World War II but launched a new era of atomic brinksmanship.

"Right now, the permitting process for clean energy infrastructure, including transmission, is plagued by delays and bottlenecks. The White House is backing a bill by Manchin of West Virginia, who has grown more critical in recent months of the administration's attacks on the fossil fuel industry. The White House released a detailed fact sheet outlining reform measures its seeking, including helping clean energy projects like wind and solar get on the grid faster. Manchin's legislation sets a two-year limit on environmental reviews of major federal energy projects, including ones on fossil fuels and directs the president to designate at least 25 high-level energy projects and prioritize their permitting. The White House said it is using existing authorities to speed permitting of energy projects.

☆ Hunter Biden's lawyers say he has already paid $750K in child support as he fights to reduce payments
▼ + stars: | 2023-05-01 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

Hunter Biden's attorneys revealed Monday that he has paid $750,000 so far in child support. The president's son is fighting to reduce his child support payments to the mother of one of his kids. A trial to decide whether Hunter's child support payments can be decreased is slated to take place in July, CNN reported. "Mr. Biden claims to be nothing more than a Yale-educated attorney/artist who is somewhat financially destitute and needs his child support adjusted," the brief said. The case was closed in 2020 but reopened last fall after Hunter sought to reduce his child support payments.

☆ Opinion | We Were Wrong About President Biden
▼ + stars: | 2023-04-25 | by ( Frank Bruni | ) www.nytimes.com time to read: +1 min

On this airborne ego trip, he had a bed, and I don’t mean a seat that flattened into one. He had an office, with a desk bigger than those of some earthbound executives. President.” He’d upgraded from his old surname, as illustrious as it was, to a kind of divinity. I never flew with President Barack Obama. But I visited him in the White House several times.

☆ Takeaways from Biden's trip to Ireland
▼ + stars: | 2023-04-14 | by ( Kevin Liptak | ) edition.cnn.com time to read: +10 min

Biden’s trip came as he nears a decision on running again for president. “I own property in Ireland, I’m not going to Ireland,” former President Donald Trump said during Biden’s trip. Patrick Semansky/APDiplomatic legacy: ‘Keep the peace’White House officials made little attempt at ascribing major policy objectives to Biden’s trip. Kevin Lamarque/ReutersBiden makes Ireland visit a family affairMore than anything, Biden’s trip this week had the feeling of a family spring break. Throughout the sometimes-rainy trip, Biden kept his head dry with a baseball cap from the Beau Biden Foundation.

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