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The magazine reported Tuesday that Trump said during a private conversation while he was in office that he needed generals like Adolf Hitler's. "People who were totally loyal to him, that follow orders," he said, The Atlantic reported, citing two people who said they heard him make the remark. Surely you can’t mean Hitler’s generals? And he said, ‘Yeah, yeah, Hitler’s generals,'" The Atlantic reported Kelly as saying. Kelly also told The New York Times in a series of recent interviews published online this week that Trump told him that "Hitler did some good things."
Persons: Donald Trump, Hitler, Trump, Anna Bross, Adolf Hitler's, John Kelly, Kelly, didn’t, Bismarck, Kelly's, Steven Cheung, , ” Trump, Alex Pfeiffer, I’ve, Harris, Trump's, Jillian Frankel, Alex Tabet, Megan Lebowitz Organizations: VEGAS, The, National WWII Museum, Franco, New York Times Locations: Nazi Germany, New Orleans, Prussian, Las Vegas, Phoenix, Washington
President Donald Trump did nothing but show respect to my family & Vanessa. In fact, I voted for President Trump today,” she posted. He said Trump showed the family respect by "standing against the military complex" and supporting the Guillén family. "They didn't want to get to the bottom of the investigation, and President Trump brought awareness to that, and he didn't have to do that," Muniz said. She represents the very best of the Mexican American and Latino community.”
Persons: Donald Trump, Vanessa Guillén, Trump, Mark Meadows, Alex Pfeiffer, Mayra Guillén, , Natalie Khawam, Khawam, Pfeiffer, Guillén, Fort, Vanessa Guillen, Joe Biden, Joaquin Castro, “ Trump, ” Trump, Gonzalo Curiel’s, Curiel, Hurricane Maria, Kamala Harris, Artemio Muniz, Mayra, Muniz, Jason Villalba, he’s, , ’ ”, Villalba, Trumper, ” Villalba, Domingo Garcia, Harris, Garcia, LULAC, Felix Longoria, Hector P, Rep, Sylvia Garcia, Vanessa, ” Garcia Organizations: Trump, Atlantic, White, NBC News, Army, Kabul Gold Star, League of United Latin American, LULAC, The, U.S, District, Trump University, Hurricane, NBC, Federation of Hispanic Republicans, Texas GOP, Texas Hispanic Public Policy Foundation, Republican, American GI, Mexican Locations: Afghanistan, Fort Hood, Cavazos, Texas, U.S, Mexico, Puerto Rico, Mexican American, American, Three Rivers , Texas, South Texas, Mexican
A Ukrainian drone commander says his unit can use $100 million to carry out 5,000 lethal strikes, per The Atlantic. The big takeaway was that, on average, for each $20,000 spent on his unit, Ukraine could score one kill on Russian forces. According to The Atlantic's writers, the commander's slides said that a drone unit funded with $100 million could stay on the battlefield for a full year, carrying out 5,000 lethal strikes. AdvertisementThe commander is based out of Kharkiv, according to his Telegram channel, which publishes clips of his drones attacking Russian forces and equipment. In February, Ukraine's then-military chief, Valerii Zaluzhnyi, called for a mindset shift away from a reliance on Western aid and instead toward cheap drones.
Persons: , Karl Marlantes, Elliot Ackerman, Achilles, David Hambling, Joe Biden, Donald Trump, Vladimir Putin, Biden, Ukraine's, Valerii Zaluzhnyi, Stanislav Ivanov, Oleksandr Syrskyi, Oleksandr Kamyshin, Jake Epstein, Volodymyr Zelenskyy Organizations: Service, West, 92nd Assault Brigade, Ukraine, Capitol, Kyiv wanes, Kiel Institute, Getty Locations: Ukrainian, Ukraine, The, Russia, China, Iran, Kharkiv, Kyiv
This story is available exclusively to Business Insider subscribers. Thomas Gift, director of UCL's Centre on US Politics, told BI that Trump's selection of Vance was "a confident — some might say too confident" decision. AdvertisementShe noted that with Biden leading the Democratic ticket, Trump and Vance could effectively criticize Biden's age and competency. While Vance's first solo campaign rally in Virginia on Monday wasn't as disastrous or widely watched as Biden's debate performance, Fahey told Business Insider it still revealed a potential weakness. Beyond his loyalty to Trump, Fahey said, "Vance adds nothing to the Republican ticket."
Persons: , Tim Alberta, Donald Trump, there's, Sen, JD Vance, Kamala Harris, JD Vance —, MskTPjvVSS — Tim Alberta, Joe Biden's, Trump's, Biden, MAGA, Thomas Gift, Vance, Wilson, Harris, Trump, Colin Talbot, Doug Emhoff, 3DJY3pQTGe, Ron Filipkowski, Talbot, Kevin Fahey, Trump world's, Vance's, Fahey, Palin'd, bHBs0pNRZH — Brandon Friedman, Vance doesn't Organizations: Service, Democratic, Business, Trump, University of Manchester, University of Nottingham, Republican Locations: Atlantic, America, Virginia, Ohio
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, , We're, management's, Jim Cramer's, Jim Organizations: CNBC, Palo, Nasdaq, Dow Jones, Devices, Palo Alto Networks, Abbott Laboratories, AMD Locations: Palo
But he's getting some support — and it's coming from Trumpworld. Advertisement"I don't think anyone wants to call this guy at an emergency at 3 o'clock in the morning but you know, he did an hour. It's almost an hour," Trump Jr. said midway through Biden's press conference. I don't think it was a great job by any means, but I think it's a big one," he said near the end of the podcast. The Trump campaign had already expressed its preference for Biden as a candidate even before Biden's disastrous debate on June 27.
Persons: , Joe Biden, he's, Donald Trump, Biden, Donald Trump Jr, Trump's, Don Jr, Trump, Will Biden, tonight’s presser, Kari Lake @KariLake, SCVTUQbMSc, DxZoiZys83 — Donald Trump Jr, Jonathan Swan, Swan, Politico, Susie Wiles, Tim Alberta, TRUMP, he'll, Nancy Pelosi, haven't, Pelosi, Joe, Biden didn't Organizations: Service, Biden, Business, Trump Jr, New York Times, Democratic Party, Trump, — Trump, Democrats, Democratic, BI Locations: Trumpworld, Trump, Florida
Along with the top- and bottom-line numbers, Wall Street is also keeping close watch on net interest income and guidance. "We see the greatest sources of potential earnings upside being driven by higher loan growth and capital markets." Barclays analyst Goldberg anticipates a slight decrease in net interest income in the second quarter due to a compression in net interest margin. Last year, the company posted $21.9 billion in net interest income for the period. Despite expectations for seasonally lower trading, he also expects strong investment banking activity and net interest income to drive ongoing positive momentum.
Persons: Jason Goldberg, Jamie Dimon, Goldman Sachs, Richard Ramsden, America's Ebrahim Poonawala, Goldberg, Wells, Mike Mayo, Redburn, John Heagerty Organizations: JPMorgan Chase, LSEG, Barclays, JPMorgan, Bank, America's Locations: United States
Beryl regains hurricane strength as it bears down on Texas coast
  + stars: | 2024-07-08 | by ( ) www.cnbc.com   time to read: +6 min
Lifeguard Sebastian Gonzales watches over people at the beach as tides rise and clouds loom overhead just before hurricane Beryl is expected to make landfall on Sunday, July 7, 2024 in Galveston. "Life-threatening storm surge, heavy rainfall, and strong winds are ongoing across portions of Texas," the hurricane center said. A hurricane warning is in effect for the Texas coast from Mesquite Bay north to Port Bolivar, the center said. People on the Texas coast boarded up windows and left beach towns under evacuation order. Along the Texas coast, many residents and business owners took the typical storm precautions but also expressed uncertainty about the storm's intensity.
Persons: Sebastian Gonzales, Beryl, we've, Gov, Dan Patrick, Greg Abbott, Port Lavaca, Jimmy, Percy Roberts, Ken Waller, Waller, Roberts, Sargent, Beryl lurked, Hurricane Harvey, Vincent Organizations: National Hurricane Center, Gov, Atlantic, Corpus Christi, Houston, midafternoon, Christi, Federal Emergency Management Agency Locations: Galveston, Texas, Mexico, Caribbean, Matagorda , Texas, Corpus Christi, Mesquite Bay, Port Bolivar, Matagorda Bay, Houston, Beryl's, Arkansas, Port, Baffin Bay, Corpus, Matagorda, Hurricane, Yucatan, Jamaica, Barbados, St, Grenadines, Grenada, Venezuela
Getty Images; Shutterstock; BIThe traditional path to private equity starts with an investment banking job out of college. In 2023, private equity firms started reaching out in July before junior investment bankers finished their summer training. But at its core, private equity is in the business of making money by buying and running companies. Samantha Lee/InsiderA small group of headhunters and other advisors hold power over the private equity recruitment process. More on private equity pay and hiring:Have private equity's 'Hunger Games' recruiting tactics gone too far?
Persons: , Blackstone, Apollo isn't, Goldman Sachs, it's, David Wurtzbacher, Wurtzbacher, Wharton, Graham Weaver, you've, Samantha Lee, We've, Jon Gray, Drew Angerer, Skye Gould, Steve Schwarzman, Jonathan Gray, Gray, Thoma Bravo, Atlantic's, Carlyle, Warburg Pincus, Wharton's, Axel Springer Organizations: Service, Apollo, KKR, Business, Getty, CPA, BI, Alpine Partners, Alpine's, Harvard Business School, Stanford's Graduate School of Business, Alpine, of Foreign Labor, Bain Capital, Blackstone, Harvard, Games, Wall, Citadel, headhunters, dealmakers, Private, PJT Partners, Centerbridge, of Michigan Locations: San Francisco, UPenn, Carlyle, Blackstone, Axel
For breakout pop star Chappell Roan, the journey to success has been full of twists, turns and detours. Roan, whose given name is Kayleigh Rose Amstutz, signed to Atlantic Records at age 17 after gaining popularity on YouTube. She released her debut EP "School Nights" in 2017 and, a year later, moved to Los Angeles from her hometown of Willard, Missouri. In April 2020, she released a song called "Pink Pony Club," inspired by a night at a gay club. Commercially, however, it underperformed Atlantic's expectations and the label released her, Roan told Pitchfork last year.
Persons: Chappell Roan, Rose Amstutz, Roan, We're, TikTok, Elton John Organizations: Atlantic Records, YouTube, Pony, Pitchfork, CBS Locations: Roan, Los Angeles, Willard , Missouri, USA
Rival United Airlines — second to Delta in net profit margins — is circling. Delta plans to open Delta One lounges in Boston and Los Angeles later this year, and is studying airports where it could open others. Like other airlines, Delta accepted billions in federal aid to weather the pandemic. Luxury air travel and the United States didn't go together for many years — and might not still, if you ask well-heeled globetrotters. And at Delta and other airlines, many of the perks for luxury flyers come through lounges.
Persons: Benoit Tessier, Ed Bastian's, Bastian, Ed Bastian, John F, Raymond James, Savanthi Syth, Andrew Nocella, Patrick Quayle, Quayle, Richard Anderson, Anderson, Delta, Barack Obama's, They're, Shai Weiss, Claude Roussel, Joe Biden, United States didn't, Henry Harteveldt, Scott Kirby Organizations: Airbus, Delta Air Lines, Reuters Delta Air Lines, Transportation Department, Rival United Airlines —, CNBC, Delta Air Lines Inc, Bloomberg, Getty, American Express, Kennedy International Airport, United, Boeing, U.S, Labor, Southwest Airlines, U.S ., JetBlue Airways, Delta, Corporate, Northwest Airlines, Endeavor, Virgin, American, Sky Club, New, LaGuardia, Etihad Airways, Singapore Airlines, Atmosphere Research, Airlines, Sky Clubs, Los Angeles International Airport, JFK, American Airlines, JPMorgan, Consumer Electronics, Starbucks Locations: punctuality, New York, Delta, Chicago, Boston, Los Angeles, Dubrovnik, Croatia, Amman, Jordan, Cape Town , South Africa, Atlanta, U.S, Queens, N.Y, United, Tokyo, York, United States, Las Vegas
Oil services company Weatherford International is a ripe takeover target, according to Alexander Roepers, founder and chief investment officer at Atlantic Investment, who said the stock is set to soar. The Cambrian Fund at Atlantic Investment is up by about 40% over the past one year. The other two, Univar Solutions and West Rock, were acquired by private equity giant Apollo and Smurfit Kappa , respectively, resulting in significant gains for Atlantic Investment. SMDS-GB 1Y line Atlantic Investment ultimately sold its position, as they believed the company's value was between 450 and 500 pence. When asked about his approach to selling stocks, Roepers emphasized the importance of discipline.
Persons: Alexander Roepers, Weatherford, WFRD, Roepers, Kappa, Smith, I'm Organizations: Weatherford, Atlantic Investment, Schlumberger, Halliburton, London Value Investor Conference, Cambrian Fund, Value, Rheinmetall, Solutions, Investment Locations: Texas, Weatherford, Roepers, Ukraine, Atlantic, British, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTransatlantic agreement needed for the U.S. to block China's EVs, says Atlantic's Fred KempeFred Kempe, Atlantic Council CEO, joins 'Power Lunch' to discuss the geopolitics behind the U.S. implementing tariffs on Chinese EVs and what it means for their strained relations.
Persons: Fred Kempe Fred Kempe Organizations: Atlantic
He's referring to selling record label Virgin Records to Thorn EMI for nearly $1 billion in 1992. Branson needed the money to focus on a newer venture, Virgin Atlantic. CNBC Make It: How did you make the decision to sell Virgin Records? What I decided was: If I sold Virgin Records, all the people's jobs would be secure. I could then use that money to build and protect Virgin Atlantic.
Persons: Richard Branson, He's, , Branson, Richard, Virgin, We'd, Janet Jackson Organizations: CNBC, Virgin Records, Thorn EMI, Virgin Atlantic, British Airways, Virgin Group, Forbes, Virgin Locations: London, Branson
The South Carolina Supreme Court reversed course last summer when it upheld the ban after striking down a similar version. An earlier lawsuit by Planned Parenthood argued that the law violated patients' right to privacy. Susanna Birdsong, a lawyer for Planned Parenthood South Atlantic, responded that abortion providers have had to make that more conservative interpretation because of the “onerous penalties” for noncompliance. Planned Parenthood has stopped providing abortions when “early embryonic electrical activity” is visible by ultrasound, the group wrote in Monday's filing. “We’re righting for every inch of ground in South Carolina," Birdsong said.
Persons: Taylor Shelton, Katherine Farris, Ultrasounds, Shelton, dismissively, , — Shelton, , ” Shelton, John Kittredge, Shane Massey, ” Massey, Susanna Birdsong, Birdsong, Pollard Organizations: COLUMBIA, Republican, South Carolina, South, South Carolina General Assembly, Associated Press, America Statehouse News Initiative, America Locations: South Carolina, Charleston, North Carolina, Wilmington
Investors may want to look at quality names as the market stalls. In a turbulent environment, traditional market wisdom suggests investors can be best served by having exposure to quality stocks. The average price target implies a gain of 6.2% over the next year, adding to its advance of more than 56% in 2023. Wells Fargo's Michael Turrin recently hiked his price target on Microsoft to $435 per share from $425, seeing an "uplift" driven by artificial intelligence. The average analyst also anticipates a better path ahead, with a price target reflecting an upside of about 24%.
Persons: CMEGroup's, Wells Fargo's Michael Turrin, ResMed, RMD, Peter Low Organizations: Traders, Federal Reserve, CNBC, CNBC Pro, Microsoft, FactSet, Oil, Exxon Mobil, Exxon, Super
After having a great experience, we hoped to once again score upper-class tickets on the same route. For our return flight, the minimum bid was 47,000 rupees ($560) per ticket. Adding 1,000 rupees ($12) to the minimum bid each way, my husband decided to give it a shot. AdvertisementForty-eight hours before our scheduled departure, Virgin Atlantic emailed us that our bid for upper-class tickets had been accepted. However, since there's no guarantee of winning the bid, we'll always look for a good deal on business-class tickets first.
Persons: , Noor Anand Chawla, Anand Chawla, aloo, we'll Organizations: Service, Virgin, Virgin Atlantic's, Virgin Atlantic, Somerset Locations: New Delhi, London
If General Atlantic decided to sell its stake, a deal could now garner more interest from investors, the sources said. A deal could value the company, which assesses global oil prices and provides industry news, at north of 4 billion pounds ($5.08 billion), Reuters previously reported. Deliberations remain at an early stage and General Atlantic and Hg may decide not to proceed with a transaction, two of the people said. Argus Media, Hg and General Atlantic declined to comment. Hg bought half of General Atlantic's 50% stake in Argus in 2019, valuing the business at more than 2 billion pounds then.
Persons: Adrian Binks, Amy, Jo Crowley, Victoria Farr, Mark Porter Organizations: Argus Media, Reuters, Private, Investments, Atlantic, Atlantic's, Argus, Astorg, Thomson Locations: GIC, London, Argus, Frankfurt
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 29 (Reuters) - KKR & Co (KKR.N) said on Wednesday it would buy a remaining 37% stake in Global Atlantic Financial Group that it does not already own for $2.7 billion in an all-cash deal. Private equity firm KKR has served as the manager of Global Atlantic's investment portfolio since 2021 and said in July 2020 that it would buy the annuities and life insurance provider. Global Atlantic's assets under management have grown to $158 billion from $72 billion in 2020, the companies said. Under the terms of the deal, KKR will pay Global Atlantic's minority shareholders an amount in cash equal to Global Atlantic's book value, with certain adjustments. Global Atlantic serves policyholders through its retirement and life insurance products.
Persons: Brendan McDermid, Joe Bae, Scott Nuttall, Goldman Sachs, Noor Zainab Hussain, Devika Organizations: KKR, New York Stock Exchange, REUTERS, Co, Global Atlantic Financial Group, Global, Global Atlantic, Thomson Locations: New York, U.S, Bengaluru, Chibuike
Flight100, Virgin Atlantic's world first 100% Sustainable Aviation Fuel (SAF) transatlantic flight by a commercial airline is fuelled ahead of its take off from London Heathrow to New York JFK on Tuesday 28 November 2023. LONDON — The first trans-Atlantic flight using 100% sustainable aviation fuel departed London for New York on Tuesday as the industry seeks to prove the viability of greener air travel. Sustainable aviation fuel — also known as SAF — is an umbrella term for non-fossil-derived fuels, including biofuels derived from plant or animal materials, municipal waste and agricultural residues. It still produces emissions, but proponents argue the overall "lifecycle emissions" from the fuel are significantly lower than from regular petroleum-based fuel. There are relatively few SAF production plants or companies transporting it globally, with incentives for producers hampered by low margins.
Persons: Shai Weiss Organizations: Aviation Fuel, SAF, New York JFK, LONDON, New York, Virgin Atlantic's Boeing, AirBP, Virgin, U.K, Civil Aviation Authority, Royal Society, Virgin Atlantic, Government Locations: London Heathrow, New York, London, New
It follows the successful transatlantic crossing by a Gulfstream G600 business jet using the same fuel last week. SAF is key toward reducing those emissions, but it is costly and accounts for less than 0.1% of total global jet fuel in use today. The fuel used to power Tuesday's flight is mostly made from used cooking oil and waste animal fat mixed with a small amount of synthetic aromatic kerosene made from waste corn, Virgin Atlantic said. Yet the 2030 target looks challenging given SAF's small volumes and its high cost, right now about three to five times as much as regular jet fuel. Virgin said the engines on the flight would be drained of SAF and tested before it returns to service using regular fuel.
Persons: Virgin, Richard Branson, Shai Weiss, Mark Harper, John F, Magdalena Heuwieser, Sarah Young, Joanna Plucinska, Tomasz Janowski Organizations: Virgin Atlantic, Virgin Boeing, Royce, Trent, Gulfstream G600, London Heathrow, Kennedy International Airport, Virgin, SAF, Boeing, BP, Aviation, British Airways, Air France, Union, Thomson Locations: London, New York, Dubai
Phillips recently told The Atlantic that "others" told him Harris doesn't have the chops to be president. But Phillips told CNN he's been "impressed" by Harris and believes she is "well-prepared." "She is not well prepared, doesn't have the right disposition and the right competencies to execute that office," Phillips told Leibovich. And the congressman also told Phillip he didn't "recall" making comments critical of the vice president. (The president's name isn't on the ballot due to the state's defiance of the DNC presidential primary calendar.)
Persons: Dean Phillips, Kamala Harris, Phillips, Harris doesn't, CNN he's, Harris, , Mark Leibovich, Biden, Leibovich, doesn't, Abby Phillip, You've, Phillip, I've, She's, @deanbphillips, b4JzTc6fIE, Abby D, @abbydphillip, — Phillips, Robert Garcia of, Garcia, Donald Trump, they'd Organizations: Democratic, CNN, Service, Dean Phillips of, Robert Garcia of California, University of New Locations: Dean Phillips of Minnesota, New, South Carolina, Granite State, University of New Hampshire
Peter Thiel told The Atlantic that he won't be donating to any politician for the next presidential campaign. And when Thiel declined, Trump later called him a "fucking scumbag." AdvertisementAdvertisementAfter Peter Thiel told Donald Trump he wouldn't be donating any money to his campaign, the former president called him a "fucking scumbag," The Atlantic reported. Thiel told the magazine that when he declined, Trump "told me that he was very sad, very sad to hear that." AdvertisementAdvertisementTrump called Thiel a "fucking scumbag" and had discouraged Masters from running for Senate again, according to The Atlantic's profile.
Persons: Peter Thiel, Donald Trump, Thiel, Trump, , Blake Masters, JD Vance, he'd, Vance, couldn't Organizations: Service, PayPal, Venture, Senate, Atlantic, FBI Locations: Arizona, Ohio
Virgin Atlantic said on Friday that it would end its route between Austin and London in January. When Virgin Atlantic launched its nonstop London route, it offered four flights from Austin each week. AdvertisementAdvertisementAustin airport officials, in a statement, thanked Virgin Atlantic and indicated that they hoped to see the airline return in the future. "AUS is grateful to the incredible Virgin Atlantic team for launching this ambitious route," the statement read. Virgin Atlantic may be axing its London route from Austin, but British Airways remains, connecting the two cities with nonstop flights.
Persons: , Virgin Atlantic, Juha Järvinen Organizations: Virgin, Service, Virgin Atlantic, Heathrow Airport, Austin, Bergstrom International Airport, Washington Post, British Airways Locations: Austin, London, Texas, United States, Miami
Former chief of staff John Kelly confirmed that he witnessed firsthand Trump's comments about military service. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Up until Monday, Kelly did not comment on Trump's alleged statements, which were first detailed by The Atlantic in 2020. Per the Atlantic's reporting, the former president joined Kelly to visit his late son Robert Kelly's grave in 2017 and asked "I don't get it. Per the Atlantic report, Trump staff witnessed the president ask to exclude wounded veterans from a military parade because "Nobody wants to see that."
Persons: John Kelly, Trump, , Donald Trump, Kelly, Robert Kelly's, Peter Baker, Susan Glasser, Mark Milley, Sen, John McCain Organizations: Trump, Service, US Marine Corps, CNN, Gold Star, Atlantic, House, Chiefs, White House Locations: France, Vietnam
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