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☆ The 'Trump trade' has divided health-care stocks into two camps. How to play the next moves
▼ + stars: | 2024-07-19 | by ( Pia Singh | ) www.cnbc.com time to read: +9 min

UNH 1M mountain UnitedHealth stock over the past month. Think Centene , Molina Healthcare , UnitedHealth and Humana , among others. Managed-care companies historically buck the broader trend of health stocks and outperform in the first year after an election, according to Raymond James. Unlike UnitedHealth, shares have fallen — down 3% — since the June debate. Raymond James sees Oscar Health , HCA Healthcare and Tenet Healthcare as beneficiaries of a victory by the left.

Persons: Raymond James, Chris Meekins, Donald Trump, Joe Biden, quieted, Biden, Meekins, Centene, Trump, Bernstein, Jefferies, David Windley, UnitedHealth, Ben Hendrix, Optum, John Ransom, Piper Sandler, Ransom, Lance Wilkes, Oscar, — Ransom, Oscar's Organizations: Affordable, Trump, UnitedHealth, Republican, Biden, GOP, Federal Trade Commission, Department of Justice, ACA, Medicare, Molina Healthcare, RBC Capital Markets, CVS Health, RBC Capital, DOJ, Humana, Healthcare, GoodRx Holdings, Democratic, Oscar Health, Tenet Healthcare, Aetna Locations: Molina, UnitedHealth, U.S, Thursday's, Florida, Texas

☆ Jim Cramer says these stocks and sectors could benefit if Trump is elected president again
▼ + stars: | 2024-06-28 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

CNBC's Jim Cramer said Friday there are stocks and sectors that would benefit if Donald Trump were to become president again. If you think Trump will win the White House, Cramer said, "That means you can go buy the banks. That means you can go buy the natural gas and energy stocks," as well as Big Tech. Cramer also said Tesla might fare better under Trump and Biden because Trump is not pro-union. China Trump has said he would be even tougher on China if he were re-elected.

Persons: CNBC's Jim Cramer, Donald Trump, Cramer, —, Joe Biden, Biden's, Biden, he's, Rather, Trump, Banks, Wells Fargo, Morgan Stanley, Nextracker, China Trump Organizations: Trump, Investing Club, Top, CNBC, White, Big Tech, Biden, Kroger, Albertsons, Capri, Disney, Club, House . Energy, New, Energy, Ford, The, Nike, Starbucks Locations: China

☆ Trump is a convicted felon. Here's what it means for the former president.
▼ + stars: | 2024-05-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the historic guilty verdict against former President Donald Trump . In a historic verdict, former President Donald Trump was convicted of all 34 criminal counts related to a hush-money payment made to a porn star , write Business Insider's Laura Italiano, Jacob Shamsian, and Natalie Musumeci. AdvertisementIt's the first time a US president has become a convicted felon. This was a rigged trial by a conflicted judge that was corrupt," Trump told reporters in the Manhattan courtroom hallway. Trump told reporters Thursday the "real verdict is going to be November 5 by the people."

Persons: —, Donald Trump, Tyler Le, Laura Italiano, Jacob Shamsian, Natalie Musumeci, Trump, Stormy Daniels, BI's Lloyd Lee, There's, didn't, Chip Somodevilla, Scott Eisen, Joe Biden, Alyssa Powell, Rob Arnott, Bob Elliott, Paul Singer's, Jane Street, Jenny Chang, Rodriguez, Liz Reid, Satya Nadella, Sam Altman, Nadella, Kevin Dietsch, Charles Schwab, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Republican, Trump, NBC, Getty, Wall, Elliott Management, BI, Tech, Sigma, Google, Microsoft, Apple, Big Locations: Giza, Manhattan, Bridgewater, New York, London

☆ Hunter Biden pleads not guilty to gun charges in Delaware federal court
▼ + stars: | 2023-10-03 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

U.S. President Joe Biden's son, Hunter Biden, walks outside on the day of his appearance in a federal court on gun charges in Wilmington, Delaware, U.S., October 3, 2023. Hunter Biden pleaded not guilty Tuesday in Delaware federal court to criminal charges related to having a handgun while being a drug user. Hunter Biden, 53, was indicted last month on three firearms counts. But Lowell argued that the agreement remains in effect, and that Biden is legally barred from being indicted on the gun charges as a result. In addition to the gun case, Biden also is charged with two counts of failure to pay federal income taxes.

Persons: Joe Biden's, Hunter Biden, Burke, Abbe Lowell, Christopher Burke, Joe Biden, Lowell, Biden, Trump, MAGA, Mr Organizations: Prosecutors, Justice Department, US Locations: Wilmington , Delaware, U.S, Delaware

☆ Trump aide Mark Meadows loses bid to move Georgia election case to federal court
▼ + stars: | 2023-09-08 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Trump's lawyer on Thursday told a Fulton County judge in a filing that the former president might soon seek to have his own case transferred to federal court. Four other defendants besides Meadows already have made such requests. A judge on Friday rejected a request by Trump White House chief of staff Mark Meadows to move his Georgia election conspiracy criminal case to federal court in Atlanta. Other than Trump, Meadows was seen by experts as having the best shot at transferring the case to federal court because he held a federal post and lived in Washington, D.C. at the time of the alleged crimes. The federal court in Atlanta is seen as a potentially more favorable venue for the defendants than the state court because its jury pool is drawn from a larger area, and thus is likely to include more Republicans.

Persons: Steve Jones, Meadows, Donald Trump, Joe Biden, Mark Meadows, Jones, Meadows's, Scott Perry, Trump, Barack Obama, bode Organizations: District, Trump, Trump White House, White, Staff Locations: Atlanta, Fulton County, Georgia, Pennsylvania, Meadows, Washington ,

☆ Hunter Biden lawyer begs off tax and gun case, could be a witness to plea talks
▼ + stars: | 2023-08-15 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

A lawyer for Hunter Biden asked a federal judge Tuesday for permission to withdraw from the case, citing the likelihood he will be a witness to failed plea negotiations in the criminal case against the son of President Joe Biden . In a filing over the weekend, Hunter's lawyers wrote that the diversion agreement is "valid and binding." In his withdrawal request, Clark said his stepping down from the case "is necessitated by recent developments in the matter." "It appears that the negotiation and drafting of the plea agreement and diversion agreement will be contested, and Mr. Clark is a percipient witness to those issues," the filing said. He also expected to sign a diversion agreement, which related to his charge of possessing a gun while being a user and addict of illegal drugs, approved by Judge Maryellen Noreika.

Persons: Hunter, Chris Clark, Abbe Lowell, Hunter Biden, Joe Biden, Clark's, Hunter's, David Weiss, Clark, Biden, Judge Maryellen Noreika, Noreika, Weiss, General Merrick Garland Organizations: Attorney's, U.S, Department of Justice Locations: U.S, Delaware

In an exclusive interview with NBC News' Andrea Mitchell, Vice President Kamala Harris said she fully expects President Biden to run for re-election and said she intends to be his running mate again. Asked about Democrats who fret behind the scenes about both Biden and Harris being on the ticket, the vice president responded: "Joe Biden ... has said he intends to run for re-election as president and I intend to run with him as vice president of the United States." In the interview, conducted at the international Munich Security Conference in Germany, Harris was asked about comments made by former U.N. "In Joe Biden, we have a president who is probably one of the boldest and strongest American presidents we have had in his response to the needs of the American people," Harris continued. Ron DeSantis, R-Fla., who is widely expected to run for president in 2024.

☆ North Korean missile launch raises alarm in Washington
▼ + stars: | 2022-10-04 | by ( Christina Wilkie | ) www.cnbc.com time to read: +3 min

This latest North Korean missile test — the 23rd year to date — was different because it marked the first time in five years that a North Korean missile had been fired directly over Japan. The missile was fired late Monday, flying over Japan early on Tuesday morning before landing in the Pacific Ocean. WASHINGTON — The Biden administration responded on multiple levels Tuesday to North Korea's latest long-range ballistic missile launch, reaching out to allies in the region on diplomatic and military fronts, and at the leader level by U.S. President Joe Biden . In airspace over the Yellow Sea off the Korean peninsula, the U.S. and South Korea conducted joint aerial flight and precision targeting exercises on Tuesday in response to the missile launch. While the exercises Tuesday were held specifically in response to the latest missile launch, they also served to strengthen trilateral coordination in the face of a threat that keeps growing, National Security Council spokesman John Kirby said.

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