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☆ Your questions about Trump 2.0, answered
▼ + stars: | 2024-11-22 | by ( Zachary B. Wolf | Leinz Vales | ) edition.cnn.com time to read: +19 min

CNN —When we asked CNN readers for their questions about the incoming Trump 2.0 administration, we got a lot of nervous and scared feedback. Donald Trump and Ivanka Trump walk to Marine One at the White House in Washington, DC, on January 4, 2021. This is her response:Trump has promised to protect Social Security and not raise the retirement age or make other cuts. For more, read Luhby’s story on how a second Trump term could affect Social Security benefits. For his second term, Trump has promised to find military officials more loyal to him and that he’ll fight an “enemy from within” of political opponents.

Persons: Donald Trump’s, I’m, …, Catherine Shoichet, Shoichet, Trump, ”, Lisa Graybill, Tom Homan, He’s, Kelli Stump, she’s, “, Ashley, Joe Biden, Eric Gay, Stephen Miller, Trump’s, Alan, Jim Sciutto, Roman Plipey, Afghanistan –, Vladimir, Putin, Marco, Rubio, Mike, Waltz –, Tulsi, Gabbard, Will, Greg, ” Trump, Donald Trump, Ivanka Trump, Joshua Roberts, hasn’t, Tami Luhby, James, There’s, Portugal's, Armando Franca, Lawrence, Katie Lobosco, that’s, there’s, –, Biden’s, Will Trump, Biden, Emily, … Gustavo, doesn’t Biden, Steve Here’s, Ella Nilsen, Jim Watson, it’s, Will Trump’s, Keith Trump’s, Nixon, Adam, ” Sen, Adam Schiff of, ” Schiff, Matt Gaetz Organizations: CNN, Trump, Security, National Immigration Law Center, American Immigration Lawyers, Ashley Presidents, US Customs, National Guard, US, Ukraine, Getty, NATO, White, Reuters, Social, Social Security, Bee, FBI, New Jersey Trump, Republicans, Congress, Pentagon, Trump White House, NPR Locations: Rio, Mexico, Eagle Pass , Texas, Ukraine, Powers, Russia, China, Europe, Kyiv, Roman, AFP, Afghanistan, Maine, Washington ,, Barbara, Louisiana, Italy, Lisbon, Illinois, New Jersey, Florida, North Carolina, Colorado, Red Butte, Tusayan , Arizona, Adam Schiff of California

☆ Citadel's Ken Griffin considers selling minority shares whilst handing out political advice to Trump
▼ + stars: | 2024-11-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, billionaire Ken Griffin has some advice for President-elect Donald Trump, including a suggestion for his Treasury pick . While speaking Thursday at the Economic Club of New York, Griffin said he appreciates the importance of those issues to Americans but said aggressive tactics to address them could make things work. Griffin is one of the biggest donors to the Republican Party, but declined to publicly endorse either presidential candidate this year. AdvertisementModeration hasn't been the name of the game for Trump with some of his proposed policies. AdvertisementHe said he'd be open to selling a minority stake in his hedge fund to the right partner.

Persons: it's, Ken Griffin, Donald Trump, Trump Ken Griffin, Mike Blake, Insider's Bradley Saacks, Michelle Abrego, Griffin, Manny Roman, Trump, Marc Rowan, Rowan, Alexander Tamargo, Thoma Bravo Griffin, he'd, Zalubowski, Chelsea Jia Feng, Elon, Paul, Tyson, Megyn Kelly, Tucker Carlson Ron Antonelli, Chip Somodevilla, Rebecca Zisser, Tucker Carlson, Bari Weiss, BI's Peter Kafka, Chris Balfe, Ridley Scott's, You've, Dan DeFrancesco, Jack Sommers, Grace Lett, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Treasury, Trump, Citadel, Milken, Global Conference, Reuters, Economic, of New, Republican Party, Citadel Securities, Sequoia, Millennium Management, BlackRock, Chelsea, Getty, Netflix, Bank of America, NY Daily, Fox News, Auto, Ford, GM, Volkswagen Locations: Beverly Hills , California, U.S, of New York, Montreal, New York, London, Chicago

☆ The DOJ vs. Google: Breaking down the latest in the antitrust case and what it means for Chrome's future
▼ + stars: | 2024-11-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementThe DOJ has asked the judge in its antitrust case against Google to force the tech giant to sell Chrome, its massively popular browser. In August, a judge ruled Google violated antitrust laws and acted as a monopoly when it came to its search engine. Google will have a chance to respond next month with its own plan before the judge makes a ruling next year. That makes it a powerful distribution arm for Google since Chrome's default search engine is … Google. And Apple was making at least $20 billion a year by defaulting to Google Search .

Persons: Billy Bob Thornton, Trump, Elon Musk, Vivek Ramaswamy, Chelsea Jia Feng, Hugh Langley, Lara O'Reilly, Lara, Apple, Donald Trump, Matt Gaetz, Marc Rowan, Arturo Holmes, Apollo, Scott Kleinman, Jim Zelter, Morgan Stanley's, Jeff McMillan's, he's, You've, that's, Michael M, Tyler Le, Google's DeepMind, John Deere, Biden, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Justice Department, Google, Tech, Nvidia, Elon, DOJ, Microsoft, YouTube, Bloomberg, Big Tech, Trump, Getty, —, Comcast, Boston Celtics, White Locations: Los Angeles, New York, Chicago, London

☆ CMA Awards 2024: See who won
▼ + stars: | 2024-11-20 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +3 min

CNN —The 58th Annual CMA Awards are underway, taking place live from Nashville’s Bridgestone Arena. Morgan Wallen earned the most nominations with seven, followed by Cody Johnson and Chris Stapleton with five. The CMA Awards aired live on ABC and will be available to stream on Hulu on Thursday. Morgan Wallen)• “Watermelon Moonshine” – Lainey Wilson• “White Horse” – Chris Stapleton *WINNERALBUM OF THE YEAR• “Deeper Well” – Kacey Musgraves• “Fathers & Sons” – Luke Combs• “Higher” – Chris Stapleton• “Leather” – Cody Johnson *WINNER• “Whitsitt Chapel” – Jelly RollCody Johnson performs during the CMA Awards on Wednesday, in Nashville, Tennessee. Kacey Musgraves)• “Man Made A Bar” – Morgan Wallen (Feat.

Persons: Luke Bryan, Peyton Manning, Lainey Wilson –, Morgan Wallen, Cody Johnson, Chris Stapleton, Post Malone, Wilson, Malone, George Strait, Megan Moroney, Kacey Musgraves, Luke Combs, Kelsea Ballerini, Noah Kahan, Chris Stapleton • Morgan Wallen, • Lainey Wilson, – Cody Johnson •, Lainey Wilson •, ” – Luke Combs, Chris Stapleton •, – Cody Johnson, • “, Jelly Roll Cody Johnson, George Walker IV, – Hillary Lindsey, Parker McCollum, Lori McKenna, Liz Rose •, Josh Phillips • “, Louis Bell, Ashley Gorley, Charlie Handsome, Hoskins, Ernest Keith Smith, Chandler Paul Walters •, – Benjy Davis, Kat Higgins, Ryan Larkins •, Dan Wilson, Ballerini • Ashley McBryde, Megan Moroney •, Lainey Wilson, Roll • Cody Johnson, • Morgan, •, Clay, Zac Brown, Brooks, Dunn, • Brothers Osborne, Dan, Shay, Maddie, Tae, Ronnie Dunn, Kix Brooks, Tibrina Hobson, FilmMagic, Zach Bryan, Kacey, – Morgan Wallen, Eric Church, ”, Ella Langley, Riley Green, Tom Bukovac, • Paul Franklin, Rob McNelley, Charlie Worsham, ” – Cody Johnson, – Lainey Wilson, • Shaboozey, Nate Smith • Mitchell Tenpenny, Zach Top • Bailey Zimmerman Organizations: CNN, Nashville’s Bridgestone, NFL, Post, CMA, ABC, Austin Post, Big, Brooks, Cowboys, • Paul Franklin – Locations: Hulu, Nashville , Tennessee, Austin

☆ Wall Street awaits Nvidia's earning report for clues about the chip giant's future
▼ + stars: | 2024-11-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, all eyes are on Nvidia's earnings report after the bell and what it says about the chip giant's future. As the world's top provider of AI chips, demand for Blackwell is a bellwether for the industry's appetite for continued investment in AI. Reports of Blackwell chips overheating spooked the market earlier this week. AdvertisementIt's another cost companies investing in AI chips need to consider in addition to the energy required to fuel them, which has been a headache for tech giants . Barclays trimmed earning estimates next year by as much as 10% for some of the biggest buyers of AI chips, like Meta, Amazon, and Alphabet.

Persons: Jocko, we've, Getty, Tyler Le, It's, Matthew Fox, Blackwell, Jensen Huang, —, BI's Emma Cosgrove, There's, hasn't, Howard Lutnick ANGELA WEISS, Howard Lutnick, Cantor Fitzgerald, Julian Robertson, Tiger hasn't, Goldman, Vivek Bantwal, Goldman Sachs, Rebecca Zisser, Rob Kim, Arturo Holmes, Chelsea Jia Feng, Trump's, Elon, colluding, Gary Wang, Sam Bankman, Gina Raimondo, Antony Blinken, Bill Hwang, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Retired Navy, Nvidia, Blackwell, Barclays, Getty, Trump, New, Tiger Management, Partners, Companies, Alexa, Uber, Ticketmaster, Apple, Google, DOJ, International Network of AI, Archegos Capital Management Locations: New York, Silicon, San Francisco, Chicago, London

☆ Rafael Nadal retires after Spain is upset by the Netherlands in the Davis Cup
▼ + stars: | 2024-11-19 | by ( Jill Martin | Wayne Sterling | ) edition.cnn.com time to read: +11 min

Rafael Nadal serves during a French Open match in 2018. Al Bello/Getty Images Nadal, second from right, poses with other members of Team Spain after they won the Davis Cup in December 2004. Alessia Pierdomenico/Pool/Getty Images Nadal, center, listens to the Spanish national anthem after winning gold at the Beijing Olympics in August 2008. Julian Finney/Getty Images Nadal reacts after winning a Davis Cup match in December 2009. It was the final match of Federer’s career Julian Finney/Getty Images for Laver Cup Federer and Nadal tear up after their Laver Cup match.

Persons: CNN — Rafael Nadal’s, Nadal, Roger Federer, Botic van de Zandschulp, van de Zandschulp, Czech Jiri Novak, “, ” Nadal, Carlos Alcaraz’s, Tallon Griekspoor, Wesley Koolhof, Alcaraz, Marcel Granollers, Rafael Nadal, Christophe Simon, Toni, Frank Coppi, Manuel Blondeau, Friedemann Vogel, Al Bello, Juan Carlos Ferrero, Tommy Robredo, Jordi Arrese, Carlos Moya, Clive Brunskill, Nick Laham, Mariano Puerta, Christophe Ena, AP, Dani Cardona, Philippe Chatrier, Federer, Anja Niedringhaus, Simon Bruty, Alessia, Chile’s Fernando Gonzalez, Serbia’s Novak Djokovic, Behrouz Mehri, Andrew Brownbill, AP Nadal, Juan Martin del Potro, Djokovic, Andy Murray, Fernando Verdasco, Nikolay Davydenko, Robin Soderling, Julian Finney, David Ramos, Iker Casillas, Alex Livesey, David Saffran, Ho, David Ferrer, Charles Platiau, Reuters Nadal, Suzanne Plunkett, Jaime Reina, Hannah Peters, Franck Fife, Stan Wawrinka, Daniel Leal, Aly Song, Philippe Lopez, Adrian Dennis, Daniil Medvedev, Eduardo Munoz Alvarez, Maria Francisca Perello, Fundacion Rafa Nadal, Fred Lee, Alexander Zverev, Thomas Samson, Casper Ruud, Spain’s King Felipe, Jesus Hellin, Laver Cup Federer, Ella Ling, Shutterstock Nadal, ”, ” Thibault Camus, Carl Lewis, Nadia Comăneci, Serena Williams, Alex Pantling, Spain's Carlos Alcaraz, Patricia de Melo Moreira, Manu Fernandez, “ Rafa, Carlos Alcaraz, Tuesday's, Van de Zandschulp, ” van de Zandschulp Organizations: CNN, Davis, Getty, Hamburg Masters, Miami Seaquarium, Team Spain, AP Nadal, Wimbledon, Federer, Spanish, Beijing, AP, FIFA, Nadal, Qatar, Qatar Tennis Federation, Reuters, Paris Masters, Mallorca ”, AFP, Fundacion, Camino, Spain’s, Europa Press, Laver, Laver Cup, Paris Olympics, Tuesday's Davis, Rafa Locations: Spain, Netherlands, Czech, AFP, Mallorca, France, Germany, Palma , Spain, Monaco, Doha, Qatar, Ho New, Rio de Janeiro, Paris, London, Málaga, Spanish

☆ Gen Z fell in love with government jobs. Elon Musk's budget cuts might upend them.
▼ + stars: | 2024-11-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +3 min

Elon Musk's government efficiency commission has been tasked with cutting government spending, raising questions about the future of millions of jobs. Business Insider's Ayelet Sheffey and Madison Hoff have a breakdown of the number of employees and salaries at different government departments . Veterans Affairs was the largest employer — 486,522 workers — and more than double the second-biggest department (Homeland Security's 222,539 employees). AdvertisementGovernment jobs' potential reckoning is happening after the public sector got a ton of attention this year. Pay in the public sector largely lags behind private-sector jobs, but that's somewhat offset by good benefits, retirement plans, and job stability.

Persons: Elon, Madison Hoff, Vivek Ramaswamy, Musk, Alice Tecotzky, John L, Dorman, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Department of Education, Veterans Affairs, Department of Government, Social, Medicare, Twitter Locations: Washington , DC, Elon Musk's, New York, Chicago, London

☆ Rafael Nadal: Farewell to the ‘King of Clay’
▼ + stars: | 2024-11-19 | by ( Matias Grez | ) edition.cnn.com time to read: +16 min

Rafael Nadal serves during a French Open match in 2018. Frank Coppi/Popperfoto/Getty Images Nadal, 13, competes at a junior tournament in France in 2000. Alessia Pierdomenico/Pool/Getty Images Nadal, center, listens to the Spanish national anthem after winning gold at the Beijing Olympics in August 2008. Hannah Peters/Getty Images Nadal carries Spain’s flag during the Olympics opening ceremony in Rio de Janeiro in 2016. Clive Brunskill/Getty Images Nadal receives the Camino Real Award from Spain’s King Felipe in September 2022.

Persons: Rafael Nadal, Nadal, ” Roger Federer, “, ” Novak Djokovic, “ I’ve, ” Serena Williams, ”, Carlos Moyá, Andy Roddick, Federer, ” Federer, Andre Agassi’s, Clay, Christophe Simon, Toni, Frank Coppi, Manuel Blondeau, Friedemann Vogel, Al Bello, Juan Carlos Ferrero, Tommy Robredo, Jordi Arrese, Carlos Moya, Clive Brunskill, Nick Laham, Mariano Puerta, Christophe Ena, AP, Roger Federer, Dani Cardona, Philippe Chatrier, Anja Niedringhaus, Simon Bruty, Alessia, Chile’s Fernando Gonzalez, Serbia’s Novak Djokovic, Behrouz Mehri, Andrew Brownbill, AP Nadal, Juan Martin del Potro, Djokovic, Andy Murray, Fernando Verdasco, Nikolay Davydenko, Robin Soderling, Julian Finney, David Ramos, Iker Casillas, Alex Livesey, David Saffran, Ho, David Ferrer, Charles Platiau, Reuters Nadal, Suzanne Plunkett, Jaime Reina, Hannah Peters, Franck Fife, Stan Wawrinka, Daniel Leal, Aly Song, Philippe Lopez, Adrian Dennis, Daniil Medvedev, Eduardo Munoz Alvarez, Maria Francisca Perello, Fundacion Rafa Nadal, Fred Lee, Alexander Zverev, Thomas Samson, Casper Ruud, Spain’s King Felipe, Jesus Hellin, Laver Cup Federer, Ella Ling, Shutterstock Nadal, ” Thibault Camus, Carl Lewis, Nadia Comăneci, Serena Williams, Alex Pantling, Spain's Carlos Alcaraz, Patricia de Melo Moreira, Manu Fernandez, Pete Sampras, Robin Söderling, Roland Garros, that’s, Alex de Minaur, Rafa, Taylor Fritz, –, hadn’t Organizations: CNN, Davis, ATP, Spain, Nadal, Miami, Getty, Hamburg Masters, Miami Seaquarium, Team Spain, AP Nadal, Wimbledon, Federer, Spanish, Beijing, AP, FIFA, Qatar, Qatar Tennis Federation, Reuters, Paris Masters, Mallorca ”, AFP, Fundacion, Camino, Spain’s, Europa Press, Laver, Laver Cup, Paris Olympics, Spaniard, CNN Sport, Court, ” ATP Locations: Spanish, Spain, Netherlands, Mallorca, AFP, France, Germany, Palma , Spain, Monaco, Doha, Qatar, Ho New, Rio de Janeiro, Paris, London, Málaga

☆ Federal jobs are known for their stability. Now they could be in jeopardy as Musk pushes for deep spending cuts.
▼ + stars: | 2024-11-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Tech: We're in the middle of a white-collar recession, and tech workers are shouldering much of it . We're in the middle of a white-collar recession, and tech workers . AdvertisementElon Musk's government efficiency commission has been tasked with cutting government spending, raising questions about the future of millions of jobs. Tech jobs are mired in a recession. White collar hiring is in a huge slump, and tech workers are some of the hardest hit .

Persons: Trump hasn't, Tesla, Chelsea Jia Feng, Madison Hoff, Vivek Ramaswamy, Musk, Alice Tecotzky, John L, Dorman, Allison Robbert, Scott Bessent, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Kevin Warsh, Trump, Goldman Sachs, Morgan Stanley, Natalie Ammari, Uber, Verily, —, Rebecca Zisser, Elon Musk, Bluesky —, Jake Paul's, Netflix's Jake Paul, Mike Tyson, wasn't, Donald Trump's, Satya Nadella, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Google, Trump, Tech, Getty, Elon, Department of Education, Veterans Affairs, Department of Government, Social Security, Medicare, Twitter, Getty Government, Allison, Treasury, BCA Research, Goldman, BI, LinkedIn, Microsoft, China Economic, Security, Walmart Locations: Washington , DC, China, Brazilian, New York, Chicago, London

But many Syracuse residents feel that a potential threat to their health is being ignored. “This is morally outrageous.”City officials say that more than 14,000 homes receive water from lead pipes, which comprises about a quarter of residences citywide. In Syracuse, officials say there is no lead in the lake that provides drinking water to residents. That’s faster than EPA guidelines that call for lead pipes to be replaced within a decade. Activists hope Syracuse officials will learn lessons from the Flint water crisis, during which almost 30,000 children drank and bathed in lead-laced water before the EPA stepped in.

Persons: retesting, Maureen Murphy, Mike Groll, ”, Erik Olson, NRDC, Greg Loh, Loh, “ We’ve, ” Loh, Robert Brandt, ” Brandt, Oceanna, Fair, Ella, it’s, Dr, Nicole Brescia, Ella’s, Kyla Guilfoil, Erin McLaughlin, Emily Berk, Elizabeth Chuck Organizations: Syracuse City Hall, Environmental Protection Agency, Centers for Disease Control, CDC, EPA, Natural Resources Defense Council, Syracuse, NBC News, New York State Department of Health, Water, Oceanna, Health Department Locations: SYRACUSE, New York, Flint , Michigan, Syracuse, N.Y, Flint, Michigan, week’s, “, Onondaga County

☆ China is racing towards a future powered by wind and solar
▼ + stars: | 2024-11-18 | by ( Ella Nilsen | Hien An Ngo | ) edition.cnn.com time to read: +7 min

China is installing wind and solar power projects faster than any other country on the planet. It’s not that China is using less energy — it’s using more than ever — but it’s just adding wind and solar power to its grid at an astonishing pace. The country is constructing two-thirds — nearly 339 gigawatts — of the world’s utility-scale solar and wind projects. That is in addition to the 758 gigawatts of wind and solar capacity it has already built, according to the Global Energy Monitor. Wind and solar are now capable of generating 37% of the country’s power, according to Global Energy Monitor, already displacing coal’s dominance.

Persons: Donald Trump, It’s, “, ”, Jonathan Pershing, William, Flora Hewlett, John Podesta, ” Podesta, Xi Jinping, hasn’t, Xia Yingxian, ” Li Shuo, Shuo, ” Shuo Organizations: CNN, Department, Global Energy Monitor, International Energy Agency, White, US, State Department, China’s Ministry of Foreign Affairs, Climate, Asia Society Policy Institute Locations: Mongolia, China, Europe, Africa, Podesta, Paris, China’s

☆ Microsoft Copilot's underperformance is the latest red flag for investments in AI
▼ + stars: | 2024-11-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

The big storyA Copilot conundrumMicrosoft; Chelsea Jia Feng/BIMicrosoft's challenges with its flagship AI product could be another red flag for an industry with high hopes for the tech. Earlier this year, analysts at Barclays highlighted an under-the-radar risk to AI bets: the depreciation costs related to AI chips . A potential Trump trade plan beneficiary: US semiconductor jobs. If Trump's proposed trade plan is enacted, the American semiconductor industry could see hiring growth. Walmart might be just fine under Trump's proposed trade plan.

Persons: Copilot, Chelsea Jia Feng, Insider's Ashley Stewart, Satya Nadella didn't, doesn't, Ashley, It's, Sam Altman, Alistair Barr, Alyssa Powell, Jared Spataro, OpenAI, Biden, Carlyle, Will Matt Gaetz, Will Trump, Rob Arnott, Arnott, ANGELA WEISS, Trump's, Ilya Sutskever, Mira Murati, Rebecca Zisser, homebuyers, Trump, Bob Iger, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, New York.Milan Sehmbi Organizations: Business, Microsoft, Chelsea, Getty, Lumen Technologies, Barclays, Trump, Treasury, UFC, Republican, Getty Images, Elon, Spirit Airlines, JetBlue, Walmart, Walmart US, Shoppers, The Locations: Ukraine, Russia, Rio de Janeiro, New York, Chicago, London, New York.Milan

☆ Trump picks fracking company CEO Chris Wright as next Department of Energy secretary
▼ + stars: | 2024-11-16 | by ( Ella Nilsen | ) edition.cnn.com time to read: +2 min

CNN —President-elect Donald Trump on Saturday named Chris Wright, the CEO of Denver-based fracking company Liberty Energy, as his pick to be the next secretary of the Department of Energy. Wright will also serve as a member on the newly formed Council of National Energy, which Trump said will consist of all agencies involved in the “permitting, production, generation, distribution, regulation, transportation” of energy. In addition to his company’s work on fracking oil and natural gas, Wright also sits on the board of a modular nuclear reactor company and has talked about the potential of nuclear energy. Developing nuclear energy has become a big focus of the Biden administration’s Energy Department. “Standing in the way of today’s energy system before we’ve built a new energy system, there’s just no upside in that,” Wright told CNBC.

Persons: Donald Trump, Chris Wright, Wright, Trump, Doug Burgum –, “ Chris, Chris, ” Trump, Harold Hamm, ” Wright, Joe Biden, “, we’ve, ” Organizations: CNN, Liberty Energy, Department of Energy, of National Energy, North Dakota Gov, Department of, Energy, Gas, American Energy Independence, Global Energy Markets, Biden administration’s Energy Department, National Nuclear Security Administration, Hart Energy, CNBC, International Energy Agency Locations: Denver, Oklahoma

Pete Hegseth, President-elect Donald Trump’s pick for defense secretary, was involved in a police investigation into an alleged sexual assault in 2017, local officials in California confirmed on Thursday night. A spokesperson for the city government of Monterey, California, said its police department had investigated “an alleged sexual assault” involving Hegseth, a Fox News host and Army National Guard veteran. The statement said that there were no weapons involved, but there were injuries — “contusions to right thigh” — without providing additional details. Describing Trump’s early selections for his administration as “high-caliber and extremely qualified,” Trump’s communications director defended Hegseth in a statement to CNN. Hegseth has vigorously denied any and all accusations, and no charges were filed,” said Trump communications director Steven Cheung.

Persons: Pete Hegseth, Donald Trump’s, “, Hegseth, — “ contusions, Trump’s, “ Mr, ”, Steven Cheung, Susie Wiles, Timothy Parlatore, ” Parlatore Organizations: Fox News, Army National Guard, Hyatt Regency Monterey, California Federation of Republican Women, Facebook, CNN, Trump Locations: California, Monterey , California, Hyatt Regency Monterey Hotel, Spa, Monterey, Monterey County

☆ Disney is avoiding more political dust-ups, but Netflix is bringing the fight to the media giant when it comes to live sports
▼ + stars: | 2024-11-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. In today's big story, Disney reported strong earnings and has a bright outlook on the future, but it doesn't want to discuss politics . The big storyLet's not talk politicsBob Iger, CEO of Disney Charley Gallay/Getty ImagesWhen it comes to Donald Trump, Disney is taking a page from its famous mascot and being as quiet as a mouse. But the king of streaming — Netflix — seems unstoppable , and it's threatening a space that Disney's ESPN previously had a stronghold: live sports.

Persons: —, it's, Bob Iger, Disney Charley Gallay, Donald Trump, didn't, Iger, we've, Minnie Mouse, Iger's, BI's Lucia Moses, Ron DeSantis, Trump, Hulu —, Jake Paul, Mike Tyson, Michael Ostuni, Tyler Le, Fiona Carter, Goldman Sachs, Jerome Powell, it's Elon, Steve Schwarzman's, Sam Altman, Elon Musk, Tesla, Lina Khan's, Rebecca Zisser, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Disney, Revenue, Trump, Walt Disney World, Anadolu, Getty, Disney's ABC, ESPN, Netflix, Federal Reserve, EV, Microsoft, Federal Trade Commission Locations: Asia, Hollywood, Florida, Blackstone, ChatGPT, New York, Chicago, London

☆ It’s not just Democrats. Republicans are working to Trump-proof their climate money
▼ + stars: | 2024-11-15 | by ( Ella Nilsen | Renée Rigdon | ) edition.cnn.com time to read: +6 min

CNN —President Joe Biden’s climate law is on the chopping block as Republicans prepare to have full control in Washington. But it’s not just Democrats gearing up to protect the Inflation Reduction Act’s clean energy policies. In other words, if Republicans successfully repeal Biden’s climate and clean energy law, their districts stand to lose the most. Conservative groups and companies who are using the clean energy tax credits are already starting to lobby lawmakers to save them. “To demonstrate that these tax credits are really a net profit for the economy, that really is the name of the game.”

Persons: Joe Biden’s, it’s, Donald Trump, Buddy Carter, Trevor Houser, Trump gunning, ” Houser, Carter, Mike Johnson, Johnson, “, ”, Richard Hudson —, —, Adrian Deveny, they’ll, Heather Reams Organizations: CNN, Republican, ” Republican, Republicans, Massachusetts Institute of Technology, Congressional Republicans, Trump, Hyundai EV, Hyundai, North Carolina Rep, Toyota, MIT, Climate Vision, Conservative, Citizens, Responsible Energy Solutions Locations: Washington, Georgia, Carter’s Georgia

☆ Some of Trump's key cabinet picks provide clues to how his administration will approach the business world
▼ + stars: | 2024-11-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPresident-elect Donald Trump is quickly fleshing out his cabinet, giving a sense of what his second administration will look like. Now he's Trump's nominee for defense secretary. AdvertisementTreasury secretary — TBD: Trump's pick for his top economic advisor is being closely watched considering the key role the economy played in the election.

Persons: —, Donald Trump, Trump, JD Vance, Let's, — Matt Gaetz, Kevin McCarthy, Gaetz, he's, he'd, Mike Johnson, He's, State — Marco Rubio, Rubio, Pete Hegseth, Slaven Vlasic, Hegseth, Hegseth's, Scott Bessent, Howard Lutnick, Cantor Fitzgerald, Bessent, Lutnick, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Trump, Republicans, Senate, Department, Justice, State, Fox News, Getty, Defense, Army Locations: Florida, Silicon, China, Taiwan, Ukraine, Russia, Poland, Israel, New York, Chicago, London

☆ Biden just finalized a major climate rule. This one could be tricky for Trump to dismantle
▼ + stars: | 2024-11-12 | by ( Ella Nilsen | ) edition.cnn.com time to read: +2 min

The rule, proposed nearly a year ago, was mandated by the Inflation Reduction Act, which could make it more difficult for the second Trump administration to dismantle. The methane fee will be charged by the federal government until the companies fix the leaks. This fee was paired with financial incentives for oil and gas companies to fix leaky pipelines or infrastructure. The rule could prove tricky for the incoming Trump administration to overturn because the program was included in Biden’s climate law, which passed Congress in 2022. Undoing it would take another act of Congress; while not impossible if Republicans take the House of Representatives, it could be an uphill climb and take longer than if the Trump administration were acting on its own.

Persons: Biden, Trump, It’s, Michael Regan Organizations: CNN, Environmental Protection Agency, EPA

☆ OpenAI reportedly facing issues with its new AI model is a red flag for the entire industry
▼ + stars: | 2024-11-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt also undermines a core assumption about the future of generative AI: If you add more data and computing power, you get smarter and more powerful AI models. Top AI players have eye-popping valuations based on the promise that AI models will keep getting smarter and better with time. Getty Images; Chelsea Jia Feng/BISo what's holding AI models back from making another big jump? Anthony Scaramucci tells BI Trump's economic plans could cause a 1920s-style stock-market crash .

Persons: —, OpenAI's, Fabrice Beaulieu, Justin Sullivan, That's, Insider's Hasan Chowdhury, Beatrice Nolan, Orion, OpenAI, Chelsea Jia Feng, Anthony Scaramucci, Trump, Viktor Kovalchuk, Michael M, Robert Perry, Rebecca Zisser, what's, Donald Trump —, Morgan Stanley, Carta, Jed Finn, Goldman Sachs, Jeremy Siegel, Trump's, Jeff Bottari, Donald Trump, Joe Rogan, elect's, Elon Musk, Tesla's, Musk, Timo Lenzen, Juan Merchan, Donald Trump's, Jack Teixeira, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Orion, Getty, Companies, New York Times, Wall, Getty Images, Elon, BI, Trump Locations: GPT, undergrad, Mexico, New York, Ukraine, Massachusetts, Chicago, London

☆ COP29: As Trump’s win tests the world order, diplomats are fretting over what it means for the planet
▼ + stars: | 2024-11-11 | by ( Angela Dewan | Ella Nilsen | ) edition.cnn.com time to read: +8 min

A U-turn on US climate policy could be disastrous for the planet, as it raises the risk of emulation. When America does something on the world stage, at least some countries tend to follow. Ahead of Trump’s inauguration, negotiators will ramp down their expectations in terms of what’s possible at the talks, he said. President Luiz Inácio Lula da Silva, who will host the climate talks next year in Brazil, bowed out after a head injury. The world is already 1.3 degrees warmer than it was before humans started burning fossil fuels at an industrial scale.

Persons: CNN —, Donald Trump’s, Trump, ”, Oli Brown, ” Trump, they’ve, Mukhtar Babayev, Joe Biden, France’s Emmanuel Macron, Ursula Von Der Leyen, Claudia Sheinbaum, Olaf Scholz, Dick Schoof, Luiz Inácio Lula da Silva, Frederic J . Brown, Jonathan Pershing, Biden, “, Li Shuo, Trump’s, Joeri Rogelj, ” Rogelj Organizations: CNN, Union, Israeli, Maccabi Tel, Trump, Wilmington Oil, Getty, European Union, Asia Society Policy Institute, UN, Imperial College London Locations: Baku, United States, Paris, America, London, Mexico, Amsterdam, Maccabi Tel Aviv, Brazil, Wilmington, Los Angeles , California, AFP, China, EU, there’s

☆ Startups are ready to thrive under Trump, but some uncertainty remains in a key corner of the space
▼ + stars: | 2024-11-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . What's on deck:Markets: The Wall Streeters advising Trump's transition team on key economic appointments . But regulators launched investigations and filed lawsuits against Big Tech during Trump's first term. News briefTop headlinesAdvertisement3 things in marketsChip Somodevilla/Getty Images; Getty; Rebecca Zisser/BIWho Trump is turning to on Wall Street for advice.

Persons: —, Drew Brees, Donald Trump's, Elon, Jenny Chang, Rodriguez, Donald Trump, Elon Musk, Trump, Samantha Stokes, Riddhi Kanetkar, Helen Li, Biden, Lina Khan's, Money, Chip Somodevilla, Meta's Mark Zuckerberg, JD Vance, Khan, Zuckerberg, Amazon's Jeff Bezos, OpenAI's Sam Altman, Somodevilla, Rebecca Zisser, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Blackstone, Steve Schwarzman, Charles Schwab, Herb Sutter, Ken Griffin's, Sutter, he's, Jordan Strauss, Elon Musk's, Reddit, Lebaredian, Chelsea Jia Feng, Kamala Harris, it's, Dan DeFrancesco, Grace Lett, Hallam Bullock, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Super Bowl, Tech, Trump, Microsoft, Nvidia, Big Tech, Wall, Citadel Securities, White, BI, Google, Veterans, World Meteorological Organization Locations: States, Anthropic, Reddit's, New York City, State, Azerbaijan, New York, Chicago, London

☆ White House races to dole out funding from key legislation before Trump takes office
▼ + stars: | 2024-11-11 | by ( Arlette Saenz | ) edition.cnn.com time to read: +8 min

CNN —The White House is racing to dole out remaining funds appropriated from key legislation President Joe Biden signed before President-elect Donald Trump takes office in 10 weeks. The implementation efforts reflect one slice of how the Biden administration is working to shore up key initiatives as the second Trump presidency approaches. Speaking to reporters on Monday, the first official day at COP29, Podesta said the Biden administration is “fully committed” to obligating outstanding funding under Biden’s climate law, the Inflation Reduction Act. About $103 billion in Inflation Reduction Act funding, which makes up 92% of the law’s total, has been announced as of late October. While Trump has criticized the CHIPS legislation as “so bad,” it has enjoyed bipartisan support because the plans could create jobs and infuse money into local communities.

Persons: Joe Biden, Donald Trump, Biden, Trump, ramping, White, Natalie Quillian, “, ”, ” Quillian, John Podesta, Podesta, it’s, ” “, Andrew Harnik, Mike Johnson, he’d, Betsy Klein, Ella Nilsen Organizations: CNN, Commerce Department, Law, White House, White, UN, Act, House Republicans, American, Congress, Trump, Semiconductor, The Commerce Department, Polar Semiconductor, Intel, Micron Technology, Samsung, Taiwan Semiconductor Manufacturing Company, Commerce, Louisiana Republican Locations: Ukraine, America, Baku, Azerbaijan, COP29, ”, Washington , DC, New York, Corning, Pennsylvania, Minnesota, Louisiana

Sanders added it is “problematic” if schedule F is being used to reinforce and maintain political loyalty. The spoils system was replaced by the current merit-based system where career employees serve multiple administrations, carrying out their jobs independent of politics. The Biden administration erected temporary roadblocks at the federal Office of Personnel Management – rules aimed at protecting federal workers from retaliatory mass firings. The District of Columbia itself has the largest individual chunk of federal workers in any state or territory, with more than 162,000. But it could also be devastating to employment in states that went to Trump, where roughly 967,000 federal workers live.

Persons: Donald Trump, Trump, ”, Ronald Sanders –, Trump’s, –, Sanders, Max Stier, “, ” Stier, didn’t, Karoline Leavitt, Biden, Will Lanzoni, Elon Musk, Mandy Gunasekara, Everett Kelley –, Joyce Howell, “ They’re, Marie Owens Powell, Sunlen Serfaty, Tierney Sneed Organizations: CNN, Trump, Energy Department, Environmental Protection Agency, Partnership for Public Service, Management, DC, of Columbia, Convention Center, Land Management, EPA, Unions, American Federation of Government Employees, AFGE, ”, American Civil Liberties Union, Democracy Locations: Maryland, Virginia, Beach, West Palm Beach , Florida, Washington, Colorado

☆ How a former data analyst turned his 14-year career at Riot Games into 'Arcane,' a beautiful, expensive Netflix hit
▼ + stars: | 2024-11-09 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +9 min

"Arcane," a television adaptation of Riot Games' "League of Legends," is back on Netflix. The gig was at Riot Games, a young video game company founded in 2006 that had launched its debut title "League of Legends" the year before. Film and television isn't Riot Games' primary business; video games like "League of Legends" are. A genuinely good television series like "Arcane" not only engages current players who may spend money on in-game cosmetics, but brings new eyes to the franchise. The real-life cosmetics, like the "Arcane" season two drop with Fenty Beauty, probably don't hurt either.

Persons: Christopher Linke, Alexander Yee, it's, —, Christian Linke, Linke, Yee, Ella Purnell, Netflix Linke, Ekko, Reed Shannon, Fortiche, that's, shiniest Organizations: League of, Netflix, Riot, Service, Craigslist, Riot Games, League, Variety, Washington Locations: Los Angeles

☆ Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty
▼ + stars: | 2024-11-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, the Fed cutting interest rates yesterday was never really in doubt . Additional rate cuts aren't as clear, though, as Donald Trump's proposed widespread tariffs could slow down the Fed's plans . The market is indicating inflation could lead the Fed to keep borrowing rates high. AdvertisementGreg McBride, chief financial analyst at Bankrate.com, told Insider Today that Fed Chair Jerome Powell didn't indicate a pause in cuts was coming in December during Thursday's press conference.

Persons: —, MANDEL NGAN, Chelsea Jia Feng, Donald Trump's, Paul Krugman, It's, Chip Somodevilla, Greg McBride, Jerome Powell didn't, Powell, McBride, There's, Dominique Lapointe, Lapointe, Trump, ANGELA WEISS, Morningstar, Trump's, Dave Sekera, Goldman execs, Goldman Sachs, David Solomon, Donald Trump, Jenny Chang, Rodriguez, Elon Musk, David Zaslav, Zaslav, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Getty Images, BI, Federal Reserve, Treasury, Fed, Manulife Investment Management, Morningstar, Elon, Trump, Keystone State, Big Tech's, Walmart, Target, Costco, Big Media, Warner Bros, Discovery, Paramount, Sony Locations: AFP, China, Pennsylvania, New York, London

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