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☆ Trump Media stock closes at new post-merger low, on eve of 'lockup' expiration
▼ + stars: | 2024-09-18 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

Shares of Trump Media closed Wednesday at a new post-merger low, on the eve of the expiration of "lockup" restrictions that have barred the Truth Social owners' insiders, like majority shareholder Donald Trump, from selling their stakes. Trump Media stock fell 3.22% on relatively light trading, to close at $15.62 a share. Trump Media made its market debut on the Nasdaq in late March, after a merger with a special purpose acquisition company. For Trump Media, the lockup period expires on Thursday. ARC Global currently holds a %4.77 stake in Trump Media, which it would likely be free to sell once the lockup expires Thursday.

Persons: Donald Trump, Trump Organizations: Trump National Golf Club, Trump Media, Nasdaq, Republican, Forbes, ARC, ARC Global, attempt.Trump Media Locations: Rancho Palos Verdes , California, Delaware

☆ Trump, who signed SALT deduction cap into law, now vows to 'get SALT back'
▼ + stars: | 2024-09-17 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Republican presidential nominee and former U.S. President Donald Trump attends a press conference at Trump National Golf Club, in Rancho Palos Verdes, U.S., September 13, 2024. Recent polls of the state mostly show Trump down by double digits against Democratic presidential nominee Kamala Harris. Asked for clarification on Trump's social media post, and specifically whether he is vowing to end the SALT cap he signed into law, the Republican's campaign did not provide a direct answer. The SALT cap and other tax provisions of the 2017 tax law are set to expire at the end of 2025. The nonpartisan Committee for a Responsible Federal Budget argues that repealing the SALT cap "would be costly, distortionary, and regressive."

Persons: Donald Trump, Kamala Harris, Trump, Karoline Leavitt, Harris Organizations: Trump National Golf Club, Trump, Republican, New, New York voters, Democratic, TRUMP, CNBC, Budget Locations: Rancho Palos Verdes , U.S, New York, Connecticut

“The Secret Service needs more help,” Biden told reporters while leaving the White House on Monday. Chip Somodevilla/Getty ImagesActing US Secret Service Director Ronald Rowe met with Trump and local law enforcement on Monday in Florida. Secret Service Director Kimberly Cheatle resigned in the fallout from the assassination attempt, leading to Rowe’s appointment as acting director. Those concerns were underscored by details revealed Monday about the suspected shooter’s whereabouts before he was ultimately spotted by Secret Service agents. Moskowitz said Sunday that the Secret Service needed to consider taking more drastic measures, such as shutting down a significantly wider perimeter.

Persons: Donald Trump, he’s, He’s, Jared Moskowitz, CNN’s Anderson Cooper, Joe Biden, ” Biden, Chip Somodevilla, Ronald Rowe, Rowe, ” Rowe, “ there’s, Trump, “, there’s, ”, Trump’s Butler, Kimberly Cheatle, Ryan Wesley Routh, Jonathan Wackrow, Ric Bradshaw, ” Bradshaw, Joe Raedle, Obama, Bush, Clinton, ” Wackrow, Butler, Cheryl Tyler, CNN’s Wolf Blitzer, ” Tyler, protectee, Robyn Beck, Moskowitz, ” Moskowitz, Biden, Ro Khanna, CNN’s Holmes Lybrand, Kristen Holmes, Whitney Wild Organizations: CNN, Republican, Secret, Trump, Florida Democrat, Service, White, House, Trump’s, Trump International Golf, Nissan, Secret Service, Martin County Sheriff’s, Martin County Sheriff's, Facebook, United Nations General Assembly, White House Communications Agency, Department of Defense, Trump National Golf Club Los, Getty, ” Agency, ”, California Democrat, Congress Locations: Palm, Butler , Pennsylvania, Florida, Congress, Washington ,, Lago, Trump, Martin County, Iran, New York City, Mar, Palm Beach, Beach, West Palm Beach , Florida, Butler, Rancho Palos Verdes , California, AFP, California

☆ Trump safe after possible gunshots 'in his vicinity,' campaign says
▼ + stars: | 2024-09-15 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: 1 min

Republican presidential nominee and former U.S. President Donald Trump gestures during a press conference at Trump National Golf Club, in Rancho Palos Verdes, U.S., September 13, 2024. Former President Donald Trump was safe on Sunday after his campaign said it heard gunshots fired in his vicinity. The sounds were heard on Trump's golf course in West Palm Beach, Florida, where the the Republican presidential nominee was golfing, a source familiar with the matter told NBC News on Sunday. The former president was immediately taken to a safe location, the source said. The Secret Service said in a statement posted on X that it was "investigating a protective incident" involving Trump.

Persons: Donald Trump, Trump Organizations: Trump National Golf Club, CNBC, Republican, NBC, Trump Locations: Rancho Palos Verdes , U.S, West Palm Beach , Florida

Donald Trump on Friday defended Laura Loomer after some of the former president's closest allies this week raised concerns about his relationship with the far-right activist. Laura — she’s a, she’s a free spirit. Well, I don’t know. Far-right activist Laura Loomer. “I don’t know that much about it.

Persons: Donald Trump, Laura Loomer, “ Laura, she’s, I’m, ” Trump, Loomer, Lindsey Graham, Thom Tillis, Marjorie Taylor Greene, “, Laura, Laura — she’s, Trump, Kamala Harris, he’d, ”, ” Loomer, Harris, David Dee Delgado, there’s, Greene, Karine Jean, Pierre Organizations: Lawmakers, Trump, NBC News, House Press Locations: Rancho Palos Verdes , California, Sens

☆ Trump says he doesn’t control far-right agitator Laura Loomer, calls her a ‘free spirit’
▼ + stars: | 2024-09-13 | by ( Kit Maher | ) edition.cnn.com time to read: +2 min

Rancho Palos Verdes, California CNN —Former President Donald Trump said Friday that he doesn’t control far-right agitator Laura Loomer, whom he described as a “free spirit” and “supporter.”“Laura’s been a supporter of mine, just like a lot of people are supporters, and she’s been a supporter of mine. I’m not sure why you asked that question, but Laura is a supporter. Pressed by Holmes that it’s his allies who have expressed concern, Trump said, “Look, I can’t tell Laura what to do. She’s got strong opinions, and I don’t know what she said, but that’s not up to me. She’s a supporter,” Trump said.

Persons: Donald Trump, Laura Loomer, ” “ Laura’s, she’s, I’m, Laura, ” Trump, Kristen Holmes, Holmes, Trump, ”, She’s, that’s, “, I’ll, Loomer, Kamala Harris, Marjorie Taylor Greene Organizations: Rancho Palos, Rancho Palos Verdes , California CNN Locations: Rancho Palos Verdes , California, Southern California, Philadelphia

Shares of Trump Media shot up by more than 25% on Friday, minutes after majority owner Donald Trump said he is not selling his stake. Trump said that Truth Social, the Twitter-like social media platform owned by Trump Media, is "great for me," adding that his stake is still worth more than $1 billion. I'm not going to sell my shares," he said. Analysts have said that investing in Trump Media has become a way for Trump's fans to support him or bet on his political fortunes. The company fell to its post-merger low point this week amid concerns that Trump might start selling his shares once he is free to do so.

Persons: Donald Trump, Trump, I'm, it's, — CNBC's Josephine Rozzelle Organizations: Republican, Trump National Golf Club Los, Trump Media, Nasdaq, SEC Locations: Rancho Palos Verdes , California, California

☆ Landslides are destroying multimillion-dollar homes in California, and they’re getting worse
▼ + stars: | 2024-09-07 | by ( Laura Paddison | ) edition.cnn.com time to read: +6 min

CNN —The deep landslides beneath the multimillion-dollar homes in Rancho Palos Verdes moved at an almost glacial pace, until they didn’t. This affluent coastal city in Southern California, around 30 miles south of Los Angeles, has long enticed people with its Pacific Ocean views and lush greenery. This February, an atmospheric river dumped record amounts of rain across southern California, triggering hundreds of mudslides and leaving at least nine people dead. In July, a landslide triggered by heavy monsoon rains in India’s southern state of Kerala killed at least 150 people. In Southern California, “people wanted to pretend they lived in the tropics,” he said, “and planted a lot of landscaping that required lots of watering.”Deforestation is another factor.

Persons: Gavin Newsom, Jason Armond, Alexander Handwerger, ”, Gary Griggs, Dave Petley, Dana Point perilously, Ted Soqui, Handwerger, “ We’ve, Griggs, Thomas, Marcio Jose Sanchez, Cyclone Gabriel, Ugur Öztürk, University of Hull’s Petley Organizations: CNN, Rancho Palos Verdes, Bend Community, Rancho Palos, Los Angeles Times, Jet Propulsion Laboratory, Palos, University of California, University of Hull, AP, Cyclone, University of Potsdam, German Research Centre, Geosciences, University of Hull’s Locations: Rancho, Southern California, Los Angeles, Rancho Palos Verdes, Palos Verdes, University of California Santa Cruz, England, California, Dana Point, Dana Point , California, Montecito, Montecito , California, New Zealand, Kerala

☆ California city hit by landslides was at risk for decades, and the slipping may not be stoppable
▼ + stars: | 2024-09-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Denise-Chow-Byline-Jm.Jpg | Denise Chow | ) www.nbcnews.com time to read: +1 min

Rancho Palos Verdes, a coastal community in the Los Angeles area, could be described as a geological ticking time bomb. The affluent city sits atop steep cliffs overlooking the Pacific Ocean that, for hundreds of years, have been slowly shifting and giving way. Whereas the ground slid downward 8 inches annually in years past, it has lurched 13 inches per week in some places between July and August. The Palos Verdes Peninsula is composed of weak rocks and beds of clay that prevent water from draining properly belowground. So during periods of heavy rain or high tectonic activity, the bluffs can slip, turning constant, slow-moving landslides into catastrophes.

Persons: they’ve, ”, Eric Fielding, “, Gavin Newsom Organizations: Rancho Palos, Southern, Southern California Edison, Jet Propulsion Laboratory, Rancho Palos Verdes, Gov, Palos Locations: Rancho Palos Verdes, Los Angeles, Southern California, Pasadena , California, Seaview, Palos Verdes

☆ Tiger Woods: How the battle for golf’s soul gave the US golfer new-found purpose – and human connection
▼ + stars: | 2023-10-25 | by ( Don Riddell | ) edition.cnn.com time to read: +22 min

CBS Archive/Getty Images Woods, 6, sizes up a putt in Los Alamitos, California, in 1982. Getty Images/Getty Images Woods hits a tee shot during the 1995 Walker Cup, an international team event. Alexander Hassenstein/Bongarts/Getty Images Woods plays a shot from the ninth fairway during the 2000 US Open in Pebble Beach, California. David Cannon/Getty Images Woods falls to the ground in pain after hitting a shot at The Barclays in August 2013. Jamie Squire/Getty Images Woods and his son, Charlie, warm up before the final round of the PNC Championship in December 2020.

Persons: Woods, Alan Shipnuck, LIV, ” Shipnuck, ” Bryson DeChambeau, Paul Casey, Crushers, Charles Howell III, Anirban Lahiri, Chris Trotman, “ Tiger’s, “ He’s, he’s, “, “ LIV, Greg Norman, Quentin Tarantino, Brooks Koepka, Koepka, David J, Phillip, Mike Douglas, Bob Hope, Jack D, Miller, AP Woods, Rick Dole, Bob Galbraith, David Cannon, Robert Beck, Patrick Murphy, Nike — Woods, Lennox McLendon, Stephen Munday, Earl, Dave Martin, Alexander Hassenstein, Jonathan Ferrey, He's, Andy Lyons, Allsport, Bob May, Fred Vuich, Jack Nicklaus, Nicklaus, Logan Mock, Bunting, Phil Mickelson, Mickelson, Matthew Stockman, Steve Williams, Harry, Williams, Sam, Damian Dovarganes, Rocco, Gary A, Vasquez, Barack Obama, Pete Souza, Stuart Franklin, Elin, Charlie, Ezra Shaw, Eric Gay, Jimmy Fallon, Lloyd Bishop, Arnold Palmer, Chris Condon, Jason Dufner, Lindsey Vonn, Marco Trovati, Lannis, John Amis, Donald Trump, Getty Images Woods, Warren Little, Jamie Squire, Ben Jared, Wally Skalij, Shutterstock Woods, Tiger, Sam Greenwood, Cliff Hawkins, Jonathan Ernst, they’re, Shipnuck, ‘ I’m, Justin Thomas, I’m, ”, they’ve, what’s, Rory McIlroy, Rory, “ Rory, Bryson DeChambeau, ’, he’d, DeChambeau, “ Patrick Reed, Sergio García, “ Phil Mickelson, HyFlyers, Suhaimi Abdullah, Jay Monahan, Yasir Al, Rumayyan, Phil Mickelson’s, Jamal Khashoggi, Prince Mohammed bin Salman, Prince, Mohammad Bin Salman, Reed, Garcia Organizations: CNN, CNN Sport, PGA Tour, LIV, Miami, PGA, Saudi, Public Investment Fund, CBS, AP, Tiger, US Junior Amateur, Getty, Los Angeles, Tour, Stanford University, NCAA, Nike —, Las Vegas, Green, Army, Tiger Woods Foundation, Ford, British, Woods Learning, USA, Office, Stanford, NBCU, Bank, Bay, Invitational, Barclays, Trump, Getty Images, PNC, Law, Los Angeles Times, PNC Championship, Hall of Fame, Reuters, HyFlyers GC, Sentosa Golf, European, MBS, Fox News, ” CNN Locations: Los Angeles, Saudi, Delaware, Tiger’s, Los Alamitos , California, Vietnamese, Vietnam, Orange, United States, France, Hamburg, Germany, Pebble Beach , California, St . Andrews, Scotland, Louisville , Kentucky, Fort Bragg , North Carolina, Hoylake, England, Anaheim , California, Woods, Dublin , Ohio, Beaver Creek , Colorado, Atlanta, Rancho Palos Verdes , California, Pacific Palisades , California, Singapore, London, McIroy

☆ An overnight locksmith can cost $400. Here's how much you might have to fork over for other emergencies
▼ + stars: | 2023-09-08 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

Their most common approach, instead, was to put the emergency expense on a credit card and pay it over time. If you do use your credit card, make sure you prioritize paying off the balance in full by the end of the month, she added. "Use your credit card as a 30-day bridge, but commit to paying that off," she said. HELOCs interest rates are generally lower than credit card interest rates. However, they tend to be variable interest rates, so you don't want to use it if you don't have to, McClanahan said.

Persons: Winnie Sun, Tiger Woods, Frederic J, Brown, Power, Tom Grill, Angi, Carolyn McClanahan, McClanahan Organizations: Federal Reserve, Sun, Wealth Partners, CNBC FA, AFP, Getty, Planning Partners Locations: Irvine , California, Rancho Palos Verdes , California, Texas , California, New York, Jacksonville , Florida

☆ A generation of high-profile women tech leaders have stepped aside. What’s next?
▼ + stars: | 2023-02-24 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +7 min

The tech industry has now lost an entire generation of trailblazing women leaders and replaced them mostly with men. And in the wake of the pandemic, women leaders in corporate America more broadly are more likely than ever to quit, according to the most recent Women in the Workplace report from McKinsey & Company and LeanIn.Org. Now that she’s departing, Big Tech is facing a new reckoning over its failure to promote and support women leaders, and what this could mean for the next generation of women in the industry. “Without women in the C-suite who have come before them, it could make this transition period tougher for next generation women leaders,” Kray said. “I think that what she achieved and what she modeled will be something that will live on beyond the fact that now we don’t have a female Big Tech CEO.”

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