DIRS.INFO The most relevant business & tech news

☆ Trump's first term avoided a fight in the South China Sea. It's only getting harder.
▼ + stars: | 2024-11-13 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

AdvertisementIn his first term, Donald Trump ramped up military actions to counter China in the South China Sea. South China Sea observers expect continuity with the Biden administration, which tried to ramp up diplomatic efforts and strengthen US alliances and security partnerships. Chinese Coast Guard holding knives and machetes as they approach Philippine troops in the disputed South China Sea on June 17, 2024. AdvertisementThough Trump hasn't outlined a specific South China Sea plan, he could pursue his broader foreign policy mantra of "peace through strength." "Unrestrained US militarization is precisely what drives Beijing's insecurity and will continue to exacerbate tensions in the South China Sea," Marston said.

Persons: Donald Trump ramped, Donald Trump, Trump, Hunter Marston, Trump hasn't, Biden, Gregory Poling, Joe Biden, Marston, Sari Arho Havrén, Chip Somodevilla, Zeno Leoni, Leoni Organizations: Australian National University, China, Southeast Asia, Center for Strategic, International Studies, Trump, Coast Guard, Armed Forces, AP, CBS, Royal United Services, Ukraine, King's College London's Defense Studies Department, Rand Corporation, Biden's National Security Locations: China, South China, Philippines, Asia, Pacific, Philippine, Europe, South Korea, Palm Beach, South, East Asia

☆ Trump says Haley, Pompeo will not join second administration
▼ + stars: | 2024-11-10 | by ( ) www.cnbc.com time to read: +1 min

President-elect Donald Trump said on Saturday that former Republican presidential contender Nikki Haley and former Secretary of State Mike Pompeo will not be asked to join his administration. "I will not be inviting former Ambassador Nikki Haley, or former Secretary of State Mike Pompeo, to join the Trump Administration, which is currently in formation," Trump posted on social media. Trump is meeting with potential candidates to serve in his administration before his Jan. 20 inauguration as president. Reuters reported Friday that Trump met with prominent investor Scott Bessent, who is a potential U.S. Treasury Secretary nominee. "I was proud to work with President Trump defending America at the United Nations," Haley said on social media.

Persons: Donald Trump, Nikki Haley, Mike Pompeo, Trump, Scott Bessent, Haley Organizations: Palm Beach Convention, Republican, Trump Administration, Reuters, Treasury, United Nations, Trump, America Locations: Palm Beach, West Palm Beach , Florida, South Carolina, America

☆ Trump takes a rare break from social media after election win
▼ + stars: | 2024-11-07 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Republican presidential nominee, former U.S. President Donald Trump arrives to speak with former first lady Melania Trump during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Yet after achieving what is arguably the greatest political feat of his career, the new president-elect has so far been silent on the social media platforms where he is normally a ubiquitous presence. As of Thursday afternoon, Trump had not posted on Truth Social, the platform operated by his social media company Trump Media , since before all polls closed on Election Day. Nor has he trumpeted his victory on X, the social media site owned by his top campaign backer Elon Musk. Asked for clarity, Trump campaign spokesman Steven Cheung said only, "President Trump won a historic election and will now become the 47th President of the United States."

Persons: Donald Trump, Melania Trump, Trump, Elon Musk, Steven Cheung Organizations: Trump Media, Facebook, Republican Locations: Palm Beach, West Palm Beach , Florida, United States

☆ Trump's tariff plan: Why he's pushing for them, and how they might end up raising prices
▼ + stars: | 2024-11-07 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

President Trump has said he plans to install a blanket tariff of 10% to 20% on all imports, with additional tariffs of 60% to 100% on goods brought in from China. In the September Presidential debate, Trump characterized the plan as a way to extract money from rival nations. Economists, however, tend to agree that such a plan would would have the effect of raising prices on everyday goods. How tariffs workSimply put, a tariff is a tax on imports, though not one paid by the exporting country. Trump has floated the idea that a tariff policy could eventually replace U.S. federal income tax altogether, a convention that the nonpartisan Peterson Institute for International Economics called "literally impossible."

Persons: Donald Trump, Trump, Howard Gleckman Organizations: Republican, Palm Beach Convention, U.S ., Urban, Brookings Tax Policy Center, CNBC, Tax Foundation, Peterson Institute for International Locations: Palm Beach, West Palm Beach , Florida, China, U.S

☆ Capital gains tax hikes 'entirely off the table' under President-elect Trump, Republican Congress, economist says
▼ + stars: | 2024-11-07 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Long-term capital gains rates apply to assets owned for more than one year. Higher capital gains tax rates, however, are "entirely off the table," under a Trump presidency and Republican-controlled Congress, said Erica York, senior economist and research manager with the Tax Foundation's Center for Federal Tax Policy. Even with partial Republican control, "it's most likely that capital gains tax policy just stays put where it is," York explained. For 2024, investors pay long-term capital gains rates of 0%, 15% or 20%, depending on taxable income. Combined with long-term capital gains taxes, higher earners currently pay up to 23.8% on investments.

Persons: Donald Trump, Jim Watson, Donald Trump's, Kamala Harris, Harris, Joe Biden's, Erica York, York, Howard Gleckman Organizations: U.S, Republican, Afp, Getty, Trump, Tax, Center, Federal Tax Policy, Republicans, Representatives, White, Urban, Brookings Tax Locations: Palm Beach

☆ Trump announces campaign manager Susie Wiles as White House chief of staff
▼ + stars: | 2024-11-07 | by ( Steve Contorno | ) edition.cnn.com time to read: +4 min

CNN —Donald Trump announced on Thursday that his campaign manager, Susie Wiles, will be named his White House chief of staff. “Susie Wiles just helped me achieve one of the greatest political victories in American history, and was an integral part of both my 2016 and 2020 successful campaigns,” the president-elect said in a statement. It is a well deserved honor to have Susie as the first-ever female Chief of Staff in United States history. “Susie Wiles ran Trump’s best campaign of the three, and it wasn’t particularly close,” Turning Point USA CEO Charlie Kirk wrote on X. The president, and America, would be well served with Susie in that key role.”CNN’s Kaitlan Collins and Kevin Liptak contributed to this report.

Persons: Donald Trump, Susie Wiles, “ Susie Wiles, Susie, ” Trump, Wiles, Trump, Laura Loomer, Brooke Rollins, Rollins, —, Kamala Harris, Pat Summerall, Chris LaCivita, Trump’s, Charlie Kirk, doesn’t, ” CNN’s Kaitlan Collins, Kevin Liptak Organizations: CNN, White, Staff, United, Policy, Pentagon, NFL, Trump, Palm Beach Convention Locations: United States, Trump, Florida, Palm Beach, America

WEST PALM BEACH, Fla. — Former President Donald Trump declared victory early Wednesday — NBC News has not projected a winner — after he took a series of swing states, including Pennsylvania. “I want to thank the American people for the extraordinary honor of being elected your 47th president and your 45th president,” Trump told supporters at a victory party at the Palm Beach County Convention Center. “Because we are going to help our country heal.”Family and supporters surround former President Donald Trump at the Palm Beach Convention Center in West Palm Beach, Fla., early Wednesday. Evan Vucci / APTrump was also leading in the popular vote by nearly 5 million votes at 2:30 a.m. ET, a lead that, if it holds, will make him the first Republican nominee to win the popular vote since George W. Bush in 2004.

Persons: Donald Trump, “, ” Trump, ”, Julia Demaree Nikhinson, Sen, JD Vance, Ohio, ” Vance, Trump, Evan Vucci, George W, Bush Organizations: NBC, Convention, Palm Beach Convention, Trump, Fox News, Republican Locations: BEACH, Fla, Pennsylvania, Beach, Palm Beach, West Palm Beach, United States of America, Georgia, North Carolina

☆ Photos from the watch parties at Mar-a-Lago and Howard University give an inside look into Trump's and Harris' worlds on election night
▼ + stars: | 2024-11-06 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

And the mood at the Mar-a-Lago and Howard University watch parties could not have been more different. AP Photo/Evan VucciThe mood was more somber at the Howard University watch party. AdvertisementSupporters reacting after it was announced early Wednesday morning that Kamala Harris wouldn't speak at the election-night watch party at Howard University. Supporters of Harris leaving the election-night watch party at Howard University after it was announced that she wouldn't speak there that night. AP Photo/Ben CurtisSelina Wang, an ABC journalist present at the Howard watch party, posted a video of the scene at the university past midnight on X.

Persons: Donald Trump, Kamala Harris, Howard University's, —, Elon Musk, Dana White, Trump, Musk, Bea, Curt, elina, lina, orth Organizations: Palm Beach Convention, Service, Howard University, Mar Locations: Palm Beach, Pennsylvania

Abu Dhabi and Jerusalem CNN —If his first term in the White House is any indication, President-elect Donald Trump is likely to keep the Middle East high on his agenda. But the Middle East has changed significantly since he left office in 2021, and all regional actors are keenly watching how the new president will navigate these shifts. Here’s how Trump’s election could affect key players in the Middle East:Israel and the PalestiniansEnding the wars in Gaza and Lebanon and integrating Israel in the Middle East are likely to be at the top of the president-elect’s Middle East agenda, analysts said. “When the war will be over, you’ll need a real restart in the Middle East,” and Trump will be the best person to bring about a “new Middle East,” Bismuth added. Nadav Shtrauchler, a political strategist who has worked closely with Netanyahu, said Trump’s election sends a message to Israel’s enemies in Iran.

Persons: Jerusalem CNN —, Donald Trump, Trump, Benjamin Netanyahu, Saudi Arabia’s King Salman bin Abdulaziz Al Saud, Prince Mohammed bin Salman, Fatemeh Mohajerani, “ Netanyahu, ”, Mustafa Barghouti, Alon Pinkas, “, ” Pinkas, Joe Biden’s, Pinkas, ” Trump, Evan Vucci, Netanyahu, haven’t, Biden, Boaz, Trump’s, Nadav, Yoav Gallant, Harris, ” Shtrauchler, Qasem Soleimani, Ali Vaez, Ayatollah Ali Khamenei, Atta Kenare, – Israel, …, ” Vaez, –, “ Trump, Vaez, Jamal Khashoggi, Hasan Alhasan, Saudi Arabia's Crown Prince Mohammed bin Salman, Mandel Ngan, ” Alhasan, “ They’re, CNN’s Dana Karni, Irene Nasser, Eyad Kourdi Organizations: Jerusalem CNN, Jewish, White House, America, Saudi, United Arab, Trump, Palestinian National Initiative, CNN, West Bank, Palm Beach Convention, Israel, Likud, Abraham Accords, Islamic, Iran Project, Crisis, Biden, Getty, US, Washington Post, Middle, International Institute for Strategic Studies, Saudi Arabia's Crown, White, Shanghai Cooperation Organization, SCO, –, Hamas Locations: Abu Dhabi, Jerusalem, Saudi, Iran, Israel, America, United Arab Emirates, UAE, East, Gaza, Lebanon, Israeli, Palm Beach, Florida, Syria, Tehran, Republic, United States, AFP, Saudi Arabia, Arab, Riyadh, Bahrain, Yemen, China, Washington, Beijing, decouple, Qatar

☆ Elon Musk's private jet has landed in Florida following report he'll be watching election results with Donald Trump
▼ + stars: | 2024-11-05 | by ( Madeline Berg | Grace Kay | ) www.businessinsider.com time to read: +4 min

Donald Trump megadonor Elon Musk's private jet has landed in Florida. AdvertisementElon Musk's private jet has landed in Florida, where the billionaire will reportedly watch the election results roll in with Donald Trump at Mar-a-Lago. After flying from Austin to Cameron County, Texas — where SpaceX is located and Musk said he voted — earlier this afternoon, Musk's private jet landed in West Palm Beach, according to jet-tracking service Jetspy. On Tuesday, The New York Times reported that Musk, a Trump megadonor, was to spend election night with Trump, citing three sources with knowledge of Musk's schedule. Sweeney told Business Insider that Musk's jets were easily identifiable because Musk's jet continued broadcasting its call sign.

Persons: Donald Trump megadonor, Donald Trump, —, Musk, Trump, Elon Musk, Jack Sweeney, Sweeney Organizations: Donald Trump megadonor Elon, Mar, Trump, GOP, Service, Elon, SpaceX, The New York Times, Palm Beach Convention Center, Representatives, Musk, Business, PIA, Federal Aviation Administration, Republican Party, Musk's America PAC, PAC Locations: Florida, Austin, Cameron County , Texas, West Palm Beach, Palm Beach, Pennsylvania, New York City

Search resuls for: "Palm Beach Convention"

10 mentions found