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☆ American Companies' China Profits Are Declining; Increased War Chance
▼ + stars: | 2024-09-22 | by ( Linette Lopez | ) www.businessinsider.com time to read: +15 min

Without the promise of profits, American firms are also becoming less willing to go to bat for China — to reinforce the idea that China's market is crucial to the success of their futures. No demandAfter pandemic lockdowns ended in 2023, the Chinese economy experienced what is known on Wall Street as a "dead cat bounce." What money Chinese consumers are still able to spend is increasingly going to companies that grew up in their home country. Related storiesWhat money Chinese consumers are still able to spend is increasingly going to companies that grew up in their home country. It gives corporations, already under financial pressure as China's economy declines, even less reason to act as interlocutors encouraging stability between Washington and Beijing.

Persons: Washington —, Xi Jinping, Lee Miller, lockdowns, They're, Xi, Yi Gang, Michael Pettis, Tesla, Elon Musk, it's, Ball, Jamie Dimon, It's, China's, Goldman Sachs, Ray Dalio, seeping, Miller, Kamala Harris, Donald Trump, Harris, —, Trump, Biden, we're, Cordell Hull Organizations: Apple, Nike, Chinese Communist Party, People's Bank of, Carnegie Endowment, China Business Council, Starbucks, Street, Bridgewater Associates, Beijing, East Asia State Department, CCP, Trump, State Department, Republicans, Financial, Broadcom, Nvidia, Biden Administration Locations: China, America, Beijing, Washington, American, South China, Taiwan, People's Bank of China, Shanghai

☆ How Harris may win back a critical group of voters who abandoned Biden
▼ + stars: | 2024-07-30 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +17 min

With Harris at the top of the ticket, Democrats now see a chance to refocus voters on the issue and restore their margins among the abortion rights voters who had notably drifted away from Biden. In both the 2020 and 2022 campaigns, voters who backed legal abortion provided overwhelming support to Biden and other Democratic candidates. Across all of those battleground states, Biden this year was performing well below that level with voters who support legal abortion, polls have found. Those abortion rights voters also split about evenly on whether Biden or Trump was better for the economy. “Many of them aren’t single issue abortion voters; they are worried about the economy and inflation, they are worried about immigration,” McLaughlin said.

Persons: Kamala Harris, Joe Biden, wasn’t, Donald Trump’s, Harris, Biden, ”, Democratic pollster Anna Greenberg, “ It’s, Dobbs, Charles Franklin, Tony Evers, Katie Hobbs, Josh Shapiro, Gretchen Whitmer, Whitmer, Shapiro, Franklin, Trump, Roe, Wade, “, Lake, Melissa Williams, ” Harris, Tresa Undem, ‘ what’s, –, Greenberg, ” Greenberg, —, John Della Volpe, Della Volpe, energize, Jason Cabel Roe, ” Trump, He’s, “ Donald Trump, Jim McLaughlin, McLaughlin, ” McLaughlin, Williams, JD Vance, ” Williams Organizations: CNN, Democratic, Edison Research, Democratic House, Democrats, Marquette Law School, SSRS, Quinnipiac University, Yahoo, Quinnipiac, Trump, Times, YouGov, Biden, Catholic, ” Voters, GOP, Harvard Kennedy School Institute of Politics, Republican Party, “, Republicans, White House Locations: The Marquette, Pennsylvania , Wisconsin, Arizona, Georgia, Wisconsin, Pennsylvania, Michigan, London, Harris, Iowa, America, Trump

☆ The N.R.A. Is Facing a Court Fight for Control of Its Future
▼ + stars: | 2024-07-13 | by ( Danny Hakim | ) www.nytimes.com time to read: +1 min

Five months after the longtime face of the gun rights movement, Wayne LaPierre, was found liable for misspending $5.4 million of the National Rifle Association’s money, the gun group’s leadership will return next week to a Manhattan courtroom. For the N.R.A. The jury’s verdict was a victory for New York’s attorney general, Letitia James, who brought the corruption case. was at the forefront of a movement that repeatedly beat back gun control legislation while vastly expanding the scope of the right to bear arms. But this new challenge comes as the group’s influence within the gun rights movement has waned, along with its standing as a power player in Republican politics.

Persons: Wayne LaPierre, LaPierre, superyacht, Letitia James Organizations: Rifle, New, Court Locations: Manhattan, Bahamas

☆ Putin says it's 'obvious' that Trump's conviction is the result of 'an internal political struggle' in the US
▼ + stars: | 2024-06-06 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewFormer President Donald Trump's conviction in his Manhattan hush money criminal trial was due to his rivals' political machinations, Russian leader Vladimir Putin said on Wednesday. "They are burning themselves from the inside, their state, their political system," he said. On the contrary, they believe that these decisions were made for political reasons," Putin said on Wednesday, referencing the surge in donations to Trump's campaign, per the state-run Russian news agency TASS. AdvertisementIn February, Putin told Russian state media that Biden was his preferred candidate because he's "more experienced, more predictable." He wants Biden because he's going to be given everything he wants, including Ukraine," Trump said at a rally in South Carolina in February.

Persons: —, Donald Trump's, Vladimir Putin, Trump, Putin, Stormy Daniels, Trump's, Putin's, Crooked Joe Biden —, Biden, he's, stridently, There's Organizations: Service, St ., Economic, Reuters, Business, Biden Locations: Manhattan, St, St . Petersburg, United States, America, Russian, Ukraine, South Carolina

☆ Washington wrestles with ‘new equation’ of direct attacks between Iran and Israel
▼ + stars: | 2024-04-19 | by ( Alex Marquardt | Katie Bo Lillis | ) edition.cnn.com time to read: +9 min

Throughout the week, US officials had urged Israel not to retaliate for Iran’s unprecedented attack five days prior, when hundreds of missiles and drones were fired from inside Iran at Israel. US intelligence has long assessed that neither Iran nor Israel has any appetite for an outright war. Iranian officials have stated publicly that Iran’s policy toward Israel has changed. Then, on April 1, an Israeli strike on what Iran claims was an embassy in Syria killed seven officials, including two senior Iranian commanders. “Israel and Iran are going to be starting higher on the escalatory ladder for every future moment of conflict and that is incredibly dangerous,” said Panikoff.

Persons: Biden, ”, Hossein, Israel’s, CNN’s Erin Burnett, Israel, Bill Burns, George W, “, Frank McKenzie, ” McKenzie, Maher Al Mounes, Mohammed Reza Zahedi, Jonathan Panikoff, Seyyed Ali Khamenei, Khamenei, Karim Sadjadpour, Qassem Soleimani, Iran —, Iran messaged, Donald Trump, stridently, —, McKenzie Organizations: CNN, Israel, Iran, US, Islamic Revolutionary Guard Corps, CIA, Bush Presidential Center, Iranian, US Central Command, Getty, Lebanese Hezbollah, Iran’s, Carnegie Endowmernt Locations: Washington, Israel, Iran, Tehran, ” Iran, Islamic Republic of Iran, Dallas, Syria, Syria's, Damascus, AFP, Lebanese, Iran’s, Iraq

☆ Opinion | Republicans Wanted a Crackdown on Israel’s Critics. Columbia Obliged.
▼ + stars: | 2024-04-18 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +2 min

Testifying before the same panel on Wednesday, she readily agreed with Republicans’ premise that pro-Palestinian activism at Columbia is shot through with anti-Jewish bigotry, and explained how, under her leadership, Columbia is cracking down. Fifteen students, she said, had been suspended, and six more were on disciplinary probation. If it had been up to her, she said, the stridently anti-Zionist professor Joseph Massad would never have gotten tenure. (Columbia later confirmed that his chairmanship was scheduled to end after this semester.) By bending over backward to be agreeable, Shafik emerged from the four-hour grilling largely unscathed.

Persons: Nemat Shafik, Mohamed Abdou, “, ”, Joseph Massad, Massad, Shafik, that’s, Claire Shipman, David Greenwald, David Schizer, Shipman Organizations: Harvard, University of Pennsylvania, Columbia, Hamas, Islamic

☆ McDonald's is reclaiming all its Israeli restaurants, exposing the cracks in its global franchise model
▼ + stars: | 2024-04-05 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +1 min

McDonald's plans to buy back all 225 of its restaurants in Israel from its long-standing franchisee. Israeli stores stridently back the Israeli military, which sparked boycotts in other markets. It highlights a flaw in the global franchise model, where local strategies can become a liability. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMcDonald's announced on Thursday that it would buy back all 225 franchise restaurants in Israel, taking direct control.

Persons: —, McDonald's Organizations: Service, Alonyal, Business Locations: Israel, Gaza

☆ Despite scenes of defiance, plenty of Russians support Putin as election nears
▼ + stars: | 2024-03-12 | by ( Matthew Chance | ) edition.cnn.com time to read: +6 min

“Even though Alexey Navalny is dead, there is always hope,” she said, “I think there are always people who do not support Vladimir Putin,” she added. But as this election approaches, you can’t discount what so many ordinary Russians tell you, face to face. Asked about the war in Ukraine and if he held Putin responsible for Russia’s involvement, he replied: “No, we support him in it. What is unclear now, though, is how much longer that support will last, especially if Russian war casualties mount, crackdowns on dissent gather pace and economic hardships dig in. Even before the public mourning of Navalny, thousands of Russians came out to support the nomination of an anti-war presidential hopeful, Boris Nadezhdin, whose candidature was ultimately rejected by the Russian election authorities.

Persons: Russia’s, Vladimir Putin, Alexey Navalny, Alexey, “, Vera Savina, Yulia, ”, Putin, Dmitry, CNN “, ” Sergey, Artyom, CNN Artyom, Boris Nadezhdin Organizations: Moscow CNN, CNN, Russia, Getty, Levada Center Locations: Moscow, Ukraine, Russia, Navalny, AFP, Soviet, Komi Republic, Russia’s, Russian

☆ Putin says he'd prefer a second Biden term to having Donald Trump back in the White House
▼ + stars: | 2024-02-15 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Vladimir Putin says he'd prefer if Joe Biden won the 2024 presidential race instead of Donald Trump. The Russian leader said he thinks Biden is "more experienced," and "more predictable." Putin's remarks are surprising, considering Trump's effusive praise of the Russian leader. The Russian leader offered his assessment of President Joe Biden and former President Donald Trump during an interview with the state-owned television channel Russia-1 on Wednesday. While Biden and Trump still have to campaign for the presidency in 2024, Putin is all but certain to secure his reelection.

Persons: Vladimir Putin, Joe Biden, Donald Trump, Biden, —, he's, Putin, Pavel Zarubin, stridently, Trump, Putin's, There's Organizations: Service, Associated Press, Biden, Business Insider Locations: Russia, Ukraine, South Carolina

☆ Britain Is Lobbying U.S. Republicans on Ukraine. Here’s Why.
▼ + stars: | 2024-01-25 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

When David Cameron, Britain’s foreign secretary and onetime prime minister, visited Washington last month, he took time out to press the case for backing Ukraine with Representative Marjorie Taylor Greene, the far-right Georgia Republican who stridently opposes further American military aid to the country. Last week, Boris Johnson, another former prime minister, argued that the re-election of Donald J. Trump to the White House would not be such a bad thing, so long as Mr. Trump comes around on helping Ukraine. “I simply cannot believe that Trump will ditch the Ukrainians,” Mr. Johnson wrote in a Daily Mail column that read like a personal appeal to the candidate. British diplomats said Mr. Cameron and other senior officials had made it a priority to reach out to Republicans who were hostile to further aid. For reasons of history and geography, Britain recognized that support is not as “instinctive” for Americans as it for the British, according to a senior diplomat, who spoke on condition of anonymity because of the diplomatic sensitivity of the matter.

Persons: David Cameron, Marjorie Taylor Greene, stridently, Boris Johnson, Donald J, Trump, “, ” Mr, Johnson, Cameron Organizations: Georgia Republican, Mail Locations: Washington, Ukraine, Britain, United States

☆ ‘In the Know’ Review: This American Narcissist
▼ + stars: | 2024-01-24 | by ( Mike Hale | More About Mike Hale | ) www.nytimes.com time to read: +3 min

Within that sphere we’re treated to a voice performance by Woods that is a small, hilarious, somewhat dismaying tour de force. Lauren doesn’t bother to keep a lid on his simmering contempt, he just recodes it as a stream of virtue-signaling cant. But on balance their subplots are just a distraction from the endless permutations of Lauren’s perpetual ego trip. (It’s less able to afford the dull stretches that start to crop up in later episodes.) But all things considered, “In the Know” is pretty funny.

Persons: Kaia Gerber, Ken Burns, Mike Tyson, Tegan, Sara —, Woods, Gabe Lewis, Lauren doesn’t, Jonathan Van Ness, Van Ness, Jennifer Lopez, “, Norah Jones, James Earl Jones, Indiana Jones, Ravi Shankar, Lauren’s, Fabian, Caitlin Reilly, who’s, Sandy, Charlie Bushnell, Barb, Smith, Cameron, Carl, Carl Tart Organizations: ” Locations: Indian, Silicon

☆ Jim Cramer says the buzz around bitcoin ETPs is a buyer beware situation
▼ + stars: | 2024-01-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Wednesday explained what the Securities and Exchange Committee's decision to approve spot bitcoin exchange-traded products in the U.S. means for investors. Cramer said he's not necessarily against investing in Bitcoin, but warned investors to know the risks before buying. "I'm taking a page from Jamie Dimon here — this is a caveat emptor situation," he said, referring to the JPMorgan CEO and Bitcoin skeptic. ETPs include several investment vehicles, such as exchange-traded funds and exchange-traded notes. SEC Chair Gary Gensler has spoken out against crypto in the past and the agency disapproved more than 20 filings for spot Bitcoin ETPs from 2018-2023.

Persons: CNBC's Jim Cramer, Cramer, he's, Jamie Dimon, Gary Gensler, I'm, Bitcoin's, that's Organizations: Securities, Exchange, JPMorgan, SEC Locations: U.S, Bitcoin

☆ The war in Gaza has left us bitterly divided. Here’s how we can take down the temperature
▼ + stars: | 2023-12-02 | by ( Opinion Keith Magee | ) edition.cnn.com time to read: +9 min

I think of that encounter from time to time as I ponder the unspeakable violence of the war raging in the Middle East. I’m also heartbroken to witness the profound pain of my Jewish and Muslim friends and their growing fears for their own safety. Intolerance was already on the rise but the events of the past two months have sent it into overdrive. Indirectly, therefore, public opinion in the US seems likely to have some potential impact on the Israeli government’s actions. Despite backlash from other sections of their own community, some Jewish groups have marched alongside pro-Palestinian protesters to demand a ceasefire in Gaza.

Persons: Keith Magee, Keith Magee Arron Dunworth, Donald Trump, ”, I’ve, I’m, —, Bishop Desmond Tutu, Allyship, Martin Luther King Jr, Rabbi Abraham Joshua Heschel, Malcolm X Organizations: University College London Institute for Innovation, CNN, Uber, Pew Research Center, Israel, Interfaith, PBS, Marist, Association Locations: Cleveland , Ohio, Israel, Gaza, Burlington , Vermont, Interfaith America, America, Black, Gaza . American

WASHINGTON (AP) — Before House Speaker Mike Johnson was elected to public office, he was the dean of a small Baptist law school that didn't exist. “The law school deal was really an anomaly. As dean of the proposed law school, Johnson embarked on a major fundraising campaign and described a big-dollar event in Houston with former Arkansas Gov. Bobby Jindal and Pressler, according to an account Johnson wrote in a 2011 alumni magazine. Meanwhile, the historic former federal courthouse in Shreveport that was selected as the law school’s campus required at least $20 million in renovations.

Persons: Mike Johnson, Johnson, Kevin McCarthy, It's, “, ”, Gene Mills, Johnson's, ” J, Michael Johnson, Southern Baptist Convention luminary, Tony Perkins, Jerry Falwell, “ I’m, Joe Aguillard, Mike Huckabee, Bobby Jindal, Aguillard, “ Mike, Gilbert Little, ” Johnson, Perkins, Little, Barack, Kelly, Kelly Johnson, Louis “ Woody ” Jenkins, Jenkins, Democrat Mary Landrieu, Moon Griffin, Eugene Mills, Mills, ” Mills, Johnson’s, George W, Bush’s, it’s, Lamar White Jr, Lamar, Richard Lardner, Trenton Daniel Organizations: WASHINGTON, Paul Pressler School of Law, Louisiana College, Louisiana Christian University, Republican House, Southern Baptist Convention, Family Research, Southern Poverty Law, Liberty University, Daily, ”, Arkansas Gov, Louisiana Gov, Freedom Guard, Southern Baptist Conference, Shreveport Times, ABC News, Louisiana State University, Democrat, Louisiana Family, Alliance Defense Fund, Alliance Defending, ADF, CNN, Democratic, Civil, Associated Press Locations: Louisiana, Washington, Alexandria , Louisiana, Houston, Pressler, Africa, Shreveport, Shreveport , Louisiana, everyone’s, America, New Orleans, Texas, Orleans Parish, Trump’s, Baton Rouge, New York

Since 1949, all female recruits have gone through boot camp at the South Carolina base; the 4th Battalion was created in 1986 as the women's unit. Inside the pool, men and women struggle side by side, jumping off a platform and swimming to the other end. Some measure of all-male companies would be necessary no matter what because there just are not enough female recruits to go around. The split, she said, divided them into “male Marines” and “female Marines,” and that shaped the men’s view of the women and made it more difficult for them to work together as they moved along. Young female recruits, who usually come from high schools where there is little separation, acknowledge the differences but voice no complaints.

Persons: Marine Base Parris, “, —, It's, Ash Carter, Carter, stridently, it's, Walker Field, ”, We’re, Aixa Dones, Dones, Maria Torres, Erin Kirk, Kirk, Nicole Momura, Nubia Delatorre, “ We’re, Delatorre Organizations: Marine Base, Marine Corps, Marines, Recruit, 4th Battalion, Marine, Corps, Brig, Marine Recruit, “, Bravo Company Locations: PARRIS, Parris, South Carolina, Gen, San Diego

INDIANAPOLIS (AP) — Indiana's attorney general has sued the state's largest hospital system, claiming it violated patient privacy laws when a doctor publicly shared the story of an Ohio girl who traveled to Indiana for an abortion. Rokita, a Republican, is stridently anti-abortion and Indiana was the first state to approve abortion restrictions after the court's decision. “Rather than protecting the patient, the hospital chose to protect the doctor, and itself.”The lawsuit named Indiana University Health and IU Healthcare Associates. It alleged the hospital system violated HIPPA, the federal Health Insurance Portability and Accountability Act, and a state law for not protecting the patient’s information. Hospital system officials have argued that Bernard didn’t violate privacy laws.

Persons: —, Todd Rokita’s, Caitlin Bernard, Roe, Wade, “, Bernard, Bernard didn’t, ” Organizations: INDIANAPOLIS, U.S, Supreme, Republican, Indiana University Health, IU Healthcare Associates, Insurance, Indiana Attorney, IU Health Locations: Ohio, Indiana, Indianapolis

☆ Ken Paxton Impeachment Trial for Texas’ Attorney General to Begin With Motions to Dismiss
▼ + stars: | 2023-09-05 | by ( J. David Goodman | David Montgomery | ) www.nytimes.com time to read: +12 min

“We want the entire MAGA movement to understand that what’s going on in Texas is not just about Texas,” Mr. Bannon told his podcast audience this month. Yet those conservative credentials may not be enough to help Mr. Paxton survive what promises to be the most significant test he has faced. A well-funded political action committee, Defend Texas Liberty, has begun targeting some Republican members of the Texas House who voted to impeach Mr. Paxton. Mr. Abbott has not commented on Mr. Paxton’s impeachment. Mr. Paxton won handily and went on to easily win a third term in the November election.

Persons: Ken Paxton, Paxton, Rick Perry, Karl Rove, George W, Bush, Steve Bannon, Trump, MAGA, ” Mr, Bannon, Donald J, Biden, Obama, Mr, Mike Osborne, they’ve, ”, David Simpson, “, ” Jonathan Stickland, Stickland, “ Glenn Rogers, Rogers, Nate Paul, Paul, general’s, Perry, Dave P, Paxton’s, Bryan Hughes, Eric Gay, ” Lauren Davis, Bannon’s, —, Texas —, Tim Dunn, Farris Wilks, Dunn, Wilks, Dan Patrick, Patrick, Greg Abbott, Abbott Organizations: Republican, State Senate, Democrat, Trump, Affordable, Mr, Jan, Republicans, Texas Legislature, Texas Capitol, ., The New York Times, Texas House, Defend Texas Liberty, Fort Worth, CBS, “, Senate, May ., Dallas County Republican Party, Fox News, West, Gov, Texans Locations: Texas, Austin, Georgia, United States, Paxton, Fort, May, West Texas

☆ Businesses aren't acting like a recession is coming this year
▼ + stars: | 2023-07-30 | by ( Noah Sheidlower | Madison Hoff | ) www.businessinsider.com time to read: +7 min

Still, businesses aren't feeling too optimistic, with most still expecting a recession this year. However, big companies are hiring, businesses are expanding, and lots of entrepreneurs are filing to open new startups. This was partly due to consumers spending more and business investment being way up. The main measure of business investment in the GDP report is well above pre-pandemic levels, and shows no signs of slowing down ahead of a hypothetical recession. Businesses also aren't feeling too optimistic according to the National Federation of Independent Business' Small Business Optimism Index.

Persons: —, Gregory Daco, Daco, Jeffrey Roach, Jerome Powell, Powell Organizations: Service, Bureau, Infrastructure Investment, Jobs, US . Entrepreneurs, Economic Innovation Group, Economic, Nationwide, Edelman Data, Intelligence, National Federation of Independent Business, LPL, Federal Reserve, Fed Locations: Wall, Silicon

☆ Russian nationalists called for a general to be shot, arguing 'stupidity' exposed troops to deadly Ukrainian artillery
▼ + stars: | 2023-06-14 | by ( Sam Fellman | ) www.businessinsider.com time to read: +3 min

Russian nationalists blamed military leaders after a shocking report said a large number of troops was killed. "We are at war with our own stupidity and sloppiness," a Russian blogger wrote. It wasn't clear if the latest casualties also included troops from the naval infantry that Akhmedov had led before commanding a Russian field army. Russian generals and colonels have previously been accused of incompetence that led to military disasters. A Ukrainian New Year's strike led to as many as 400 deaths and fueled outrage that Russian officers had bivouacked troops within range of the GPS-guided HIMARS rockets.

Persons: —, Sergey Kolyasnikov, Rob Lee, Zurab Akhmedov, milbloggers, Akhmedov Organizations: Service, Armed Forces, Foreign Policy Research Institute, Ministry of Defense Locations: Russian, Kreminna, Ukraine, Luhansk, Ukrainian

☆ Does CNN’s Turmoil Mean There’s No Room on Cable for Independent News?
▼ + stars: | 2023-06-08 | by ( Jim Rutenberg | ) www.nytimes.com time to read: +1 min

In the end, Mr. Licht’s attempt appeared to satisfy no one. In fact, Mr. Licht’s short tenure does not provide an easy answer. But it did illuminate just how hard it can be to find success where Mr. Licht was sent looking. And, several current and former CNN staff members said, that clear notion was precisely what was lacking under Mr. Licht and his boss, Mr. Zaslav, whose direction he was following. The definition was shaped more by what they did not want — all that had come before them under Mr. Licht’s predecessor, Jeff Zucker — than what they did want.

Persons: Licht’s, Licht, ” —, Zaslav, Donald J, Trump, . Licht, Jeff Zucker — Organizations: Cable, Republican, CNN

Trump arrived via motorcade at 100 Centre Street, a towering, 1940s-era building faced in limestone, granite, and decades of grime. It's the DA investigators who "book" Trump, a process that begins with the former president emptying his pockets. Prints are run on anyone arrested in New York, and Trump will be no different. No one will check if Trump fibsThe DA investigators will also take Trump's pedigree information — name, date of birth, address, phone number, that sort of thing. "There's a cell in the processing area in the DA investigators' offices," she said.

☆ Trump's 'hush money' grand jury may have already voted. But the DA can slow-walk filing an indictment, experts say.
▼ + stars: | 2023-03-28 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

It's possible the Trump 'hush-money' grand jury has already voted to indict, ex-prosecutors say. NBC reported Tuesday that the grand jury is not meeting for the rest of this week. The grand jury last met on Monday afternoon, hearing testimony from former Trump ally and National Enquirer publisher David Pecker. And already, the office of District Attorney Alvin Bragg has had to deal with hoax bomb threats and an anthrax scare. The post was soon deleted and Trump attorney Joe Tacopina has said the image was posted by a staffer, not by Trump himself.

☆ DeSantis calls for 'crippling the ESG movement' in new book
▼ + stars: | 2023-02-28 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

Ron DeSantis in a new book calls for politicians to suppress the influence of "woke capital" and activist corporations, in part by "crippling" the socially conscious investing movement known as ESG. DeSantis' book tears into ESG in multiple chapters, while invoking the politically loaded and nebulous term "woke" nearly four dozen times. ESG is one way in which "woke capital exerts a pernicious influence on society," DeSantis argued in the book. DeSantis' book also details his fights with entertainment giant Disney, whose Disney World park in Orlando has long provided an important revenue stream for the state. Whether DeSantis makes ESG a campaign priority or not, the issue will continue to draw controversy on Capitol Hill.

☆ Russia can take Kyiv, Kharkiv and Odesa, Chechnya's Kadyrov says
▼ + stars: | 2023-02-13 | by ( ) www.reuters.com time to read: +1 min

Feb 13 (Reuters) - Ramzan Kadyrov, leader of the Russian region of Chechnya, said in an interview aired on Monday that Russia would achieve its goals in Ukraine by the end of the year and it would be wrong to negotiate with President Volodymyr Zelenskiy. "I believe that, by the end of the year, we will 100% complete the task set for us today," Kadyrov said. Nevertheless, Kadyrov told interviewer Olga Skabeyeva, who hosts a stridently pro-war chat show: "If we sit down at the negotiating table with Zelenskiy, yes, I think that's wrong." Kadyrov is a former Chechen separatist fighter who switched sides in the late 1990s, joining the pro-Russian administration in the restive Caucasus region along with his wider family. His father was assassinated by pro-independence militants in 2004, and Russian President Vladimir Putin personally installed him as leader of Chechnya in 2007.

☆ Former FTX spokesman Kevin O'Leary defends endorsement of Bankman-Fried's crypto firm
▼ + stars: | 2022-12-16 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

"Shark Tank" star Kevin O'Leary defended his position as a spokesperson for bankrupt crypto firm FTX on CNBC's "Squawk Box" on Friday. The justice system provides the presumption of innocence unless proven otherwise," O'Leary responded when asked why he didn't more stridently condemn Bankman-Fried. The former FTX CEO was arrested by Bahamian authorities earlier this week, pending extradition and trial to face charges in U.S. federal court. "No," O'Leary said, stating that his bitcoin investing began years before his ambassadorship for FTX, in 2018. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."

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