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☆ Market shock may finally move Washington on Medicare reform, says AEI's James Pethokoukis
▼ + stars: | 2023-08-02 | 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 EmailMarket shock may finally move Washington on Medicare reform, says AEI's James PethokoukisAaron Klein, senior fellow in economic studies at The Brookings Institute, Chris Kotowski, senior research analyst at Oppenheimer, and James Pethokoukis, American Enterprise Institute senior fellow, join 'Power Lunch' to react to JPMorgan CEO Jamie Dimon's remarks on the economy, Fed, and banks.

Persons: AEI's James Pethokoukis Aaron Klein, Chris Kotowski, Oppenheimer, James Pethokoukis, Jamie Dimon's Organizations: Brookings Institute, American Enterprise Institute senior Locations: Washington

☆ McDonald's customers are ordering less and switching to value menu items to save money
▼ + stars: | 2023-07-28 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

McDonald's customers are "trading down" to its value items and buying less, execs told investors. Some diners also appear to be switching to McDonald's from full-service restaurants, CEO Chris Kempczinski said. Customers are "trading down" from premium and higher-priced items to core and value items instead, CFO Ian Borden told investors on Thursday, without giving specific examples. Kempczinski told investors in April that fewer customers were ordering fries with their burgers as they cut back on spending. Some households on incomes under $100,000 also appear to be switching to McDonald's from full-service restaurants, Kempczinski said Thursday.

Persons: execs, Chris Kempczinski, Kempczinski, Ian Borden, Borden, Neil Saunders, McDonald's, Grimace Organizations: Service Locations: Wall, Silicon, McDonald's

☆ Meet CosMc, the obscure alien McDonald's mascot behind its new restaurant spinoff chain
▼ + stars: | 2023-07-28 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Ronald McDonald, Grimace, and The Professor notice the vessel and Ronald McDonald knocks on it. He then proceeds to "trade" weird alien-looking objects, like a colorful lamp and a duck hat, for Ronald McDonald's skateboard and Grimace's headphones. But, smart-thinking Ronald McDonald uses his McMagnet to pull CosMc back, and the group decides to eat lunch together. In 1988, CosMc appears in another commercial, where CosMc takes Ronald McDonald on a tour through outer space. CosMc shows him a "fly-through" McDonald's restaurant that CosMc seems to have opened up on the moon.

Persons: McDonald's, Mcdonald's, Chris Kempczinski, Ronald McDonald, CosMc, Ronald McDonald's, I've, cheeseburgers, McDonald Organizations: Grimace, Service, Nintendo Locations: Wall, Silicon

☆ McDonald's earnings top estimates as mascot Grimace fuels U.S. sales
▼ + stars: | 2023-07-27 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

McDonald's on Thursday reported quarterly earnings and revenue that topped analysts' expectations as its China sales rebound and mascot Grimace drives U.S. visits. The company's global same-store sales climbed 11.7%, topping StreetAccount estimates of 9.2%. All three of McDonald's divisions reported double-digit growth for same-store sales. In the U.S., its largest market, same-store sales climbed 10.3%. McDonald's also reported that visits to its U.S. locations grew for the fourth consecutive quarter.

Persons: Grimace, Chris Kempczinski, McDonald's Organizations: Refinitiv Locations: San Pablo , California, McDonald's, China, U.S

☆ McDonald's is creating a spinoff restaurant brand called CosMc's
▼ + stars: | 2023-07-27 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

McDonald's is creating a spinoff restaurant chain called CosMc's, executives said Thursday. "CosMc's is a small format concept with all the DNA of McDonald's, but with its own unique personality," McDonald's CEO Chris Kempczinski said. The name for the new brand comes from CosMc, a McDonaldland mascot who appeared in advertisements in the late 1980s and early 1990s. The brand will revive CosMc after the return of another McDonald's mascot, Grimace, jolted its U.S. business. "This quarter, if I'm being honest, the theme was Grimace," Kempczinski said.

Persons: Chris Kempczinski, McDonald's, CosMc, Grimace, Kempczinski, haven't Organizations: U.S, Boston Locations: CosMc, jolted

☆ McDonald's is opening a mysterious new spinoff restaurant named after CosMc in its latest nostalgia play
▼ + stars: | 2023-07-27 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

The chain announced plans to build a spinoff restaurant called CosMc's. The restaurant is named after a McDonaldland character named CosMc, the company told Insider. The new concept announcement comes as McDonald's steps up the pace of new restaurant openings this year. But the company is also focusing on modifying traditional restaurants to meet the digital demands of today's customers. He pointed to a carryout-only restaurant in Texas and a restaurant in China that uses food lockers.

Persons: Chris Kempczinski, Kempczinski, Ronald McDonald, Grimmace, McDonald's Organizations: Service Locations: Wall, Silicon, Canada, Europe, Texas, China

☆ Grimace shakes help send McDonald’s sales surging
▼ + stars: | 2023-07-27 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

In the United States, sales at McDonald’s locations open for at least 13 months jumped 10.3% in the quarter ending on June 30. Grimace’s birthday, and the kickoff date for the special meal and shake McDonald’s offered to celebrate, was on June 12. When McDonald’s introduced the special products for Grimace in early June, it wasn’t all about the shake. The Grimace Birthday Meal also came with McNuggets or a Big Mac and fries. “Grimace is the perfect lovable icon to have McDonald’s meet our fans at the intersection of nostalgia and culture.”But in TikTok videos where people wish Grimace a happy birthday before sampling the shake, Grimace is not presented as a lovable icon.

Persons: McDonald’s, “, ”, Chris Kempczinski, ” Tariq Hassan, “ Grimace, Grimace, tweeting Organizations: New, New York CNN, McDonald’s, Plant Locations: New York, United States, China, Placer.ai

☆ Cary Elwes Is Soothed By Grunge and a Maltese Poodle
▼ + stars: | 2023-07-24 | by ( Chris Kornelis | ) www.nytimes.com time to read: +1 min

Elwes, 60, talked about the music, cities, pets and pastimes that similarly inspire him. Let’s face it: Nirvana and Pearl Jam changed music. It’s very charming and there’s very little traffic, so it’s perfect for a sunny day. 4Our Maltese PoodleWhen I was a kid, I had a cat, but I didn’t understand how to treat it well and to get the cat to hang out with me. I never wanted a dog, but then my daughter sent me a picture of a Maltese poodle and I just about melted.

Persons: Elwes, Pearl Jam, there’s, I’m, I’ve Organizations: Marylebone London, Maltese Locations: Marylebone, Maltese

Washington CNN —Special counsel Jack Smith’s office has asked former US officials about a February 2020 Oval Office meeting where then-President Donald Trump praised improvements to the security of US elections, according to multiple people familiar with the matter. Those details offer a stark contrast to the voter-fraud conspiracy theories Trump began spreading publicly just weeks later and continued to use to question the 2020 election results. Investigators seemed particularly interested in understanding Trump’s mindset about election security before he embarked on a monthslong campaign to cast doubt on elections, the source added. After losing the 2020 election, Trump repeatedly made false claims that contradicted what he was told at the White House briefing about the security of voting systems. The briefing grew tense when the topic turned to Moscow’s preference for Trump over Joe Biden in the 2020 election, the sources said.

Persons: Jack Smith’s, Donald Trump, Trump, Zach Gibson, Elie Honig, “, ” Honig, Jack Smith, ”, Claire Woodall, Scott Olson, Chris Krebs, Trump’s, Joe Biden, National Intelligence Joseph Maguire, Drew Angerer, Maguire Organizations: Washington CNN, White House, FBI, Department of Homeland Security, CNN, Trump, Oval, Bloomberg, Getty, White, DHS, National Intelligence, Capitol Locations: Washington , DC, Venezuela, Italy, Milwaukee, Trump

☆ Meet 17 medical doctors at VC firms like GV and Khosla Ventures who are investing in the next big healthcare startups
▼ + stars: | 2023-07-20 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +2 min

Some medical school graduates are bringing their expertise to the world of startup investing. Take a look at 17 doctors who are now investing at VC firms like GV and Khosla. And still others, including Khosla Ventures' Alex Morgan and Galym Imanbayev of Lightspeed Venture Partners, jumped directly to a VC firm after graduating from medical school. Even so, VCs with medical degrees all say they feel that their medical school training has been invaluable in terms of understanding a health startup's business. Take a look at Insider's list of 17 medical doctors who are now VCs at top firms like GV, Khosla Ventures, and more.

Persons: —, laud, Mark Zuckerberg, Larry Ellison, Jack Dorsey, Chris Kager, Robert Mittendorf, Alex Morgan, Galym, Alice Zheng Organizations: MDs, GV, Khosla, Global Health, Khosla Ventures, Lightspeed Venture Partners, University of Michigan Medical School, RH Capital

☆ Trump classified docs judge skeptical of push to delay trial past 2024 election
▼ + stars: | 2023-07-18 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Attorneys for former President Donald Trump Chris Kise (C) and Todd Blanche (R) arrive at The Alto Lee Adams Sr. United States Courthouse on July 18, 2023 in Fort Pierce, Florida. The judge presiding over Donald Trump 's federal criminal case appeared skeptical Tuesday of the former president's argument that the trial over his handling of classified documents should be delayed beyond the 2024 election, NBC News reported. Walt Nauta, personal aide to former U.S. President Donald Trump, exits Fort Pierce U.S. courthouse after a hearing in Fort Pierce, Florida, July 18, 2023. Trump faces 37 criminal counts related to his alleged mishandling of classified documents after leaving the White House. But on Monday, Cannon told the parties to be prepared to discuss their proposals for when the trial should start.

Persons: Donald Trump Chris Kise, Todd Blanche, Lee Adams Sr, Walt Nauta, Trump, NBC's Ken Dilanian, Cannon, Aileen Cannon, Donald Trump, Jay Bratt, Bratt, David Harbagh, Joe Biden Organizations: United, Republican, NBC, Department, NBC News, Fort, Trump, White, FBI, DOJ Locations: Fort Pierce , Florida, Fort Pierce U.S, Mar

☆ Biden beefs up campaign leadership as he looks to build on fundraising momentum
▼ + stars: | 2023-07-17 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

Biden's addition of three longtime allies to his 2024 reelection campaign leadership ranks comes as his organization looks to ramp up its fundraising. Former Rep. Cedric Richmond, D-La., will also have a role with the Biden campaign as a co-chair. The Biden campaign's "Dark Brandon" merchandise has driven over half of its online campaign store revenue since launch, according the Biden team. The Biden campaign has been embracing the "Dark Brandon" meme after Republicans pounced on "Let's go, Brandon!" The Biden team also said the ads it put up during Florida Gov.

Persons: Joe Biden, Jill Biden, Joe Biden's, Biden, Kamala Harris, Rufus Gifford, Gifford, Cedric Richmond, Chris Korge, Julie Chavez Rodriguez, Donald Trump, Brandon, pounced, misheard, Ron DeSantis Organizations: Marine, NBC News, CNBC, Biden's State Department, Democratic National Committee, Congressional Black Caucus, Biden, Fund, Republican, GOP, Florida Gov, Trump, Trump's CNN Locations: Washington , DC

☆ Tiffany Haddish Dances to the Beat of Her Never-Ending Internal Soundtrack
▼ + stars: | 2023-07-15 | by ( Chris Kornelis | ) www.nytimes.com time to read: +2 min

I don’t know what kind of island this is I’m on, so I definitely want some fresh alkaline spring water. I want to drink water from streams, springs, from the Earth. 7Taylor SwiftIt’s funny because when she first came out, I was like, I don’t know about this. Eating my food, I’m dancing. Trying on clothes, I’m dancing.

Persons: Taylor Swift, Taylor, I’ll, I’ve, Louise Hay

☆ US officials worry about ‘chilling effect’ on combating election disinformation after order limiting Biden administration contact with social platforms
▼ + stars: | 2023-07-14 | by ( Brian Fung Sean Lyngaas | Brian Fung | Sean Lyngaas | ) edition.cnn.com time to read: +13 min

The resulting uncertainty, they say, risks slowing the government and social media companies’ ability to respond to election-related disinformation that appears on tech platforms. Last week, the State Department canceled a routine meeting on election security with Facebook, according to a person familiar with the matter. On Wednesday, FBI Director Christopher Wray defended the close contacts between the US government and the social media companies. The injunction does contain some exceptions allowing more limited contact between affected agencies and social media companies. “Well, the government doesn’t necessarily have those capabilities to do that back-end work that the social media companies do.

Persons: Biden, ”, Chris Krebs, Krebs, Katie Harbath, Donald Trump, Christopher Wray, ” Wray, Trump, Harbath, Yoel Roth, Twitter’s, Gowri Ramachandran, “, ” Ramachandran, they’re, Ramachandran, Russia’s, ” Harbath, you’re, ’, Evelyn Douek, Jocelyn Benson, ” Benson, Adam Mosseri, Meta, ’ ”, Nick Clegg, Donie O’Sullivan Organizations: Washington CNN, Infrastructure Security Agency, CNN, State Department, Facebook, Justice Department, FBI, of Homeland Security, Health, Human Services, Twitter, “, Senate Intelligence, Department of Homeland Security, National Intelligence, Big Tech, Brennan Center for Justice, New York University, Stanford Law School, Meta, YouTube, Meta Global Locations: Louisiana, Missouri, State, Michigan

Members of the Writers Guild of America walk a picket line outside of Warner Bros. Studios in Burbank, Calif., in May. Like the striking writers, leaders of SAG-AFTRA, the actors’ union, have described their labor dispute in stark terms, calling the present moment “existential” for their members. But the core issues have been about compensation, as well as the use of artificial intelligence. The actors also have grave concerns about artificial intelligence, and how the technology could be used to replicate their performances using their previous work without their being compensated or consulted. Tara Kole, a lawyer with the entertainment law firm Johnson Shapiro Slewett & Kole, which represents actors like Emma Watson and Ashley Judd, said in an interview that the potential use of artificial intelligence was “terrifying” to actors.

Persons: “, ” Duncan Crabtree, —, We’re, Mr, Tara Kole, Johnson Shapiro, Emma Watson, Ashley Judd, that’s, ” Ms, Kole, ” Mr, A.I, we’re, ” “, AFTRA Organizations: Writers Guild of America, Warner Bros ., SAG, Alliance, Television Producers Locations: Burbank , Calif, Ireland, Crabtree

Writing for a comedy seriesJeremy Allen White and Ayo Edebiri in "The Bear." Chuck Hodes/FXBill Hader, "Barry" — Wow"Christopher Storer, "The Bear" – "System" — WINNERMekki Leeper, "Jury Duty" — "Ineffective"John Hoffman, Matteo Borghese, Rob Turbovsky, "Only Murders in the Building" — "I Know Who Did It"Chris Kelly, Sarah Schneider, "The Other Two" — "Cary & Brooke Go to an AIDS Play"Brendan Hunt, Joe Kelly, Jason Sudeikis, "Ted Lasso" — "So Long, Farewell"

Persons: Jeremy Allen White, Chuck Hodes, Bill Hader, Barry, Christopher Storer, Mekki Leeper, John Hoffman, Matteo Borghese, Rob Turbovsky, Chris Kelly, Sarah Schneider, Cary, Brooke Go, Brendan Hunt, Joe Kelly, Jason Sudeikis, Ted Lasso

☆ McDonald's is scrapping the baked goods in its McCafé range after less than 3 years
▼ + stars: | 2023-07-12 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

McDonald's is stopping its McCafé baked goods. The McCafé Bakery menu had three items: an apple fritter, blueberry muffin, and cinnamon roll. Since its launched the McCafé Bakery menu, some temporary items have been added to its lineup, including a cheese Danish and pull-apart doughnut. Some people have voiced their frustration about the decision on social media, though others have used it as an opportunity to express their dislike of the baked goods. But the removal of the McCafé Bakery items doesn't necessarily signal that the chain is giving up on regaining its breakfast share.

Persons: McDonald's, didn't, Chris Kempczinski Organizations: Service, CNN, Twitter Locations: Wall, Silicon, Indiana, Kentucky, California

☆ Trump seeks to delay trial in classified documents case
▼ + stars: | 2023-07-11 | by ( ) www.reuters.com time to read: +3 min

July 11 (Reuters) - Former President Donald Trump and his aide Walt Nauta have asked a federal court in Florida to postpone their criminal trial in a classified documents case, saying Trump's busy presidential campaign schedule ahead of the 2024 election will make the current trial schedule "untenable." "President Trump is running for President of the United States and is currently the likely Republican Party nominee. In addition to citing his campaign schedule, Trump's lawyers also told the judge that the unprecedented indictment raises "significant" legal questions and challenges that will be posed by the classified nature of the evidence. The documents case will unfold under a strict set of rules prescribed by the Classified Information Procedures Act, which aims to protect classified evidence and manage disclosure of such records at a public jury trial. Nauta, Trump's aide, pleaded not guilty last week in a Miami federal courthouse to charges that he had helped Trump hide top secret documents taken when he left the White House.

Persons: Donald Trump, Walt Nauta, Trump's, Trump, Nauta, Wilkie D, Ferguson Jr, Chris Kise, Todd Blanche, Jane, Read, Aileen Cannon, Jack Smith's, Cannon, Sarah N, Lynch, Bharat Govind Gautam, Clarence Fernandez, Alistair Bell Organizations: Republican Party, Trump, U.S, United, REUTERS, White House, Thomson Locations: Florida, United States, Miami, Miami , Florida, U.S, Washington, Bengaluru

☆ Trump seeks to delay trial in Mar-a-Lago documents case
▼ + stars: | 2023-07-11 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Jane... Read moreJuly 11 (Reuters) - Donald Trump and an aide, Walt Nauta, have asked a federal court in Florida to postpone the criminal trial in the Mar-a-Lago documents case and drop the current date, a filing by the former U.S. president's lawyers showed. But in the filing late on Monday, Trump's lawyers said a December trial date would deny them reasonable time to prepare, and described the government's requested schedule as "unrealistic." "The court should therefore withdraw the current order setting trial and postpone any consideration of a new trial date," the lawyers said, adding that a continuance was both necessary and appropriate. In the filing, Trump's lawyers said a December trial was untenable in view of the logistical demands of his presidential election bid, a potentially large amount of evidence they might need to review, and other cases he faces. Nauta, Trump's aide, pleaded not guilty last week in a Miami federal courthouse to charges that he had helped Trump hide top secret documents taken when he left the White House.

Persons: Trump, Wilkie D, Ferguson Jr, Walt Nauta, Chris Kise, Todd Blanche, Jane, Read, Donald Trump, Aileen Cannon, Trump's, Jack Smith, Bharat Govind Gautam, Clarence Fernandez Organizations: U.S, United, REUTERS, Prosecutors, U.S . Justice, Trump, White House, Thomson Locations: Miami , Florida, U.S, Florida, Miami, Bengaluru

☆ Kinnu helps users improve their long-term memory and their rate of learning. Check out the 14-slide pitch deck it used to raise $6.5 million.
▼ + stars: | 2023-07-05 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

Learning platform startup Kinnu has raised $6.5 million from LocalGlobe and Cavalry Ventures. Kinnu aims to help users improve in areas like long-term memory and the rate at which they learn. A startup using generative AI to build a learning app to help people improve in areas like long-term memory and the rate at which they learn has raised $6.5 million in fresh funds. London-based Kinnu bills itself as a gamified learning platform for those who want to learn generalist knowledge. The platform is currently popular among adult generalist learners, "who love learning for the sake of learning," Kahler told Insider.

Persons: Chris Kahler, chatbots, Kahler, Kinnu, Tom Hulme, Guy Podjarny, Rene Rechtman Organizations: Cavalry Ventures, UK, Spark, Google Ventures, Moonbug Entertainment Locations: LocalGlobe, London

☆ The Only Grill You’ll Ever Need Is Less Than $200
▼ + stars: | 2023-07-02 | by ( Chris Kornelis | ) www.wsj.com time to read: 1 min

MELISSA COOKSTON can still remember her parents trying to cook over “a towering inferno” of fire in their Weber Kettle Grill in the 1970s. To help dispel their own memories of hot dogs flavored with heavy notes of lighter fluid, many of today’s backyard gourmands rely on pricey gas grills, pellet smokers and pizza ovens all designed to provide a much more manageable fire at the push of a button or a twist of the knob.

Persons: MELISSA COOKSTON Organizations: Grill

☆ Activist Legion Partners spots two possible paths to create value at Clear Channel Outdoor
▼ + stars: | 2023-07-01 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Clear Channel Outdoor is an out-of-home advertising company that offers a variety of advertising services, including through billboards, street furniture displays, transit displays and airport displays. Activist Commentary: Legion is an activist investor whose managing directors are Chris Kiper, previously of Shamrock Activist Value Fund, and Ted White, previously of European activist fund Knight Vinke. Clear Channel effectively has two business lines – Americas and Europe, each with very different business models and valuations. Moreover, since this strategic review of Europe began in December 2021, Clear Channel has announced the sales of businesses in Italy, Spain and Switzerland. CCO first announced its strategic review of the European business in December 2021 and very little has come to fruition.

Persons: Chris Kiper, Ted White, Knight Vinke, Legion, CCO, CCO's underperformance, Ken Squire Organizations: Clear, Value Fund, Legion Partners, Europe, Legion, 13D Locations: U.S, Europe, Americas, iHeartMedia, Italy, Spain, Switzerland, America

☆ The good news and the unknowns for bank stocks after the Fed's latest stress tests
▼ + stars: | 2023-06-30 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Understandable because this year's stress tests came against a backdrop of uncertainty for the sector. The stress tests Starting in the aftermath of the 2007-2009 Great Financial Crisis, bank stress tests were designed as a tool to ensure that so-called too-big-to-fail institutions could endure a similar calamity. WFC MS YTD mountain Wells Fargo vs. Morgan Stanley YTD performance It's worth noting that Wells Fargo is in a unique situation compared to its rivals. He added that the "stress tests only really address a macro environment where rates decline during a crisis. A sign is posted in front of a Wells Fargo Bank on April 14, 2023 in San Bruno, California.

Persons: Morgan Stanley, Nicholas Colas, Wells Fargo, Doug Butler, Wells, Colas, Chris Kotowski, Oppenheimer, Banks, Kotowski, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Wells, Silicon Valley Bank, Bank, Research, CNBC, Fed, JPMorgan, Bank of America, Rockland Trust, Citi, Equity, WFC, Wall, Wells Fargo Bank Locations: U.S, Silicon, Wells, Rockland, Wells Fargo, San Bruno , California

☆ A TikTok craze has people stealing dishes and glasses from restaurants, and it's revealing a long history of sticky-fingered diners
▼ + stars: | 2023-06-24 | by ( Yeji Jesse Lee | Nancy Luna | ) www.businessinsider.com time to read: +6 min

Restaurant owners say the trend shows just how often things go missing at their establishments. Restaurant owners told Insider that customers who deploy the five-finger discount have been around for as long as they can remember but TikTok has given people an opportunity to share their exploits. "I actually have to stock them in my apartment," he told Insider. Some restaurant owners are trying to look at the bright side. Occasionally, he said, he's even seen people post videos of house parties where, in the background, he can see partiers drinking out of one of his bar's glasses.

Persons: —, Chris Klemens, Klemens, , Andrew Rigie, Chapman, Wil Dee, Dee, Mathias Van Leyden, Loulou, he's, Petit, Dee hadn't, Van Leyden, they're, Sands, Fritz Brogan, Brogan Organizations: Service, New, Hospitality Alliance, Orange County, Food & Wine, Mission, Royal Sands Social Locations: New York, Orange, Southern California, Orange , California, Manhattan, Washington, DC

☆ Trump classified documents trial date set for Aug. 14
▼ + stars: | 2023-06-20 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Former U.S. President Trump appears on classified document charges after a federal indictment at Wilkie D. Ferguson Jr. United States Courthouse, alongside his attorney Chris Kise in Miami, Florida, U.S., June 13, 2023 in a courtroom sketch. A Florida federal judge on Tuesday scheduled the criminal trial of former President Donald Trump for his alleged illegal retention of classified government documents to begin Aug. 14. If the trial date holds, it would come just over a week before the first GOP presidential debate of the campaign. In the order Tuesday, Judge Aileen Cannon told Department of Justice prosecutors and lawyers for Trump to file all pretrial motions by July 24. Cannon also ordered that all hearings in the case, including the trial, will be held in U.S. District Court in Fort Pierce, Florida.

Persons: Trump, Wilkie D, Ferguson Jr, Chris Kise, Donald Trump, Aileen Cannon, Cannon Organizations: U.S, United, White, Justice, Trump, Southern District of Locations: Miami , Florida, U.S, Florida, Fort Pierce , Florida, Southern District of Florida

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