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Intel Faces a Long Climb Back from the Bottom
  + stars: | 2023-04-28 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
Intel has ruled the market for central processing units since the 1980s. But rival AMD overtook Intel in market value last year, thanks in part to an expensive bet on chip design. Intel hitting rock bottom isn’t a pretty sight, but it is still a welcome one. The chip maker’s first-quarter results late Thursday took the “better than feared” concept to a new level. In another first, Intel actually lost money in its data-center segment—a business that generated operating margins of 50% in the same quarter just three years prior.
As Republican candidates enter the 2024 presidential race, Times columnists and Opinion writers will assess their strengths and weaknesses with a scorecard. This entry assesses Asa Hutchinson, the former governor of Arkansas, who announced his candidacy for the Republican nomination on Wednesday. How seriously should we take Asa Hutchinson’s candidacy? John Brummett His candidacy should be taken seriously for his diverse, relevant experience and for what he has to say about today’s political predicament. Matthew Continetti On Earth Two, where Donald Trump never entered American politics, a two-term conservative governor from the South like Asa Hutchinson would be considered a serious candidate for the 2024 Republican nomination.
It does a ton of business in China, which many GOP voters view as a threat to the US. DeSantis already ran on being anti-Disney — and wonTaryn Fenske, DeSantis' communications director, has described the Disney fight as being "the will of Florida voters." And they might not vote for DeSantis if they think the Disney fight is a killer in a general election. Families often work hard and save for years to take their children to Disney World. If DeSantis can't bring a resolution to the Disney fight, can he handle the job of president?
Intel has ruled the market for central processing units since the 1980s. But rival AMD overtook Intel in market value last year, thanks in part to an expensive bet on chip design. WSJ’s Asa Fitch explains the companies’ battle for the brains of your computer. Intel Corp. is expected to report its largest-ever quarterly loss Thursday, driven by a sharp fall in personal-computer sales and rising competition. Sales are expected to fall to a low not seen since 2010, with Wall Street expecting Intel to post revenue of $11 billion for the first quarter, according to analysts surveyed by FactSet.
Intel Corp. suffered its largest-ever quarterly loss and said it would remain in the red as it prepares for the market recovering from the sharp fall in personal-computer sales that hammered its business. Sales fell to a level not seen since 2010. Intel on Thursday posted revenue of $11.7 billion for the first quarter, above estimates from analysts surveyed by FactSet. That marked a 36% decline from the prior-year period.
Disney World sued DeSantis to keep control of its self-governing status in Florida. Nikki Haley said the theme park should move to South Carolina instead. The dig didn't escape Never Back Down, the super PAC that's supporting a DeSantis presidential run. Magic Kingdom Park at Walt Disney World Resort in April 2022. AaronP/Bauer-Griffin/GC ImagesDisney can't moveDespite Haley's overtures, Disney World is stuck in Florida, Richard Foglesong, the author of the book "Married to the Mouse: Walt Disney World and Orlando," told Insider.
April 26 (Reuters) - Former Republican Arkansas Governor Asa Hutchinson formally launched his 2024 presidential bid on Wednesday, in a speech that portrayed himself as a more moderate alternative to party frontrunner Donald Trump. Unlike all the other declared and potential Republican White House candidates, who rallied behind Trump after the indictment, Hutchinson said at the time that Trump should pull out of the race. In his formal announcement speech, Hutchinson did not name Trump, but appeared to break with him on foreign policy by decrying the isolationist approach Trump took to international issues when president. "Isolationism only leads to weakness and weakness leads to war," Hutchinson said. Moderation is a tough sell in Republican primary battles, which attract mostly conservative voters.
PoliticsFmr. Arkansas Gov. Hutchinson formally announces presidential runPostedFormer Republican Arkansas governor Asa Hutchinson on Wednesday (April 26) formally announced his 2024 U.S. presidential candidacy, officially launching his campaign in Bentonville, Arkansas.
Here is a list of declared candidates and other potential 2024 hopefuls in both the Democratic and Republican parties. Scott, 57, has launched a presidential exploratory committee but not yet confirmed he plans to run. The former Kansas congressman was one of Trump's most loyal lieutenants and initially backed his false claims of a stolen presidential election in 2020. She ran as a Democrat in the 2020 presidential primary but dropped out of the race before any votes had been cast. She launched her latest campaign on March 23, saying she wants to challenge Biden in the Democratic nominating race.
He has been slipping in the polls when compared to Trump. Ron DeSantis of Florida brushed off a question Monday about how he's been slipping in 2024 polls against former President Trump. Most recent polling shows Trump bests DeSantis 51% to 38% among GOP primary voters. Though DeSantis has been slipping in the polls, he still is the only candidate who consistently comes in second to Trump in a hypothetical matchup. DeSantis' tactics on Trump may also be a factor in why the governor is slipping in the polls.
Trump has backed away from a nationwide law on abortion, saying the issue is best left to states. Asa Hutchinson, and Sen. Tim Scott of Florida — declined to draw a strong contrast with Trump on abortion. That statement quickly upset many on the anti-abortion right. Maggie DeWitte, the director of an Iowa anti-abortion group, had a table that included "free babies." "We need to convince more people that the life position is the right position," said Horman.
CLIVE, Iowa, April 22 (Reuters) - Donald Trump and other Republican presidential hopefuls called for restricting abortion at an event for evangelicals in Iowa on Saturday, courting the key conservative voting bloc in the state set to hold the party's first nominating contest in early 2024. Roughly 1,000 people attended the annual presidential forum organized by the Iowa Faith & Freedom Coalition, a conservative nonprofit. Iowa is slated to hold the first-in-the-nation Republican caucus in early 2024. Strong evangelical support early on in the nominating process could help give a challenger a chance to strike a blow against Trump. Trump won 76% of the white evangelical vote in 2020, down from 80% in 2016, according to Edison Research exit polls.
Opinion: What happens when you knock on a door
  + stars: | 2023-04-23 | by ( Richard Galant | ) edition.cnn.com   time to read: +18 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. In Kansas City, Andrew Lester, an 84-year-old White homeowner shot Ralph Yarl, a Black teenager who rang his doorbell. And, “with Trump as the front-runner for the 2024 Republican nomination, Fox has resumed coverage of him which often veers into the free-advertisement category. Neither Robert F. Kennedy Jr., who announced his candidacy last week, nor Marianne Williamson represents a serious threat, Axelrod noted. “The calendar reads 2023,” wrote the Republican former lieutenant governor of Georgia, Geoff Duncan, “but it feels like 2016 all over again.
And half of those who don't want the 80-year-old Biden to run say the president's age is a "major" reason why. Forty-six percent of Republican primary voters pick Trump as their first choice, while 31% select DeSantis as the 2024 candidate they favor. Businessman Vivek Ramaswamy has 2%.Meanwhile, DeSantis is the second choice of 33% of GOP primary voters, Trump is the second pick of 20%, and Haley is the second choice of 14%. Yet what also stands out in the poll are the nearly 70% of Republican primary voters who say they stand behind Trump despite the different investigations he's facing. Majorities don't want Biden, Trump to run for president in 2024The NBC News poll also comes just days before Biden's expected announcement for re-election.
Former GOP Rep. Will Hurd, a Trump critic, is considering running for president in 2024. He says he won't support Trump in 2024 and suggested DeSantis will struggle to appeal to voters. the former Texas congressman told Insider in an interview before his address to the Iowa Faith and Freedom Coalition's Annual Spring Kick-off. "We have four years," he told Insider, "before we could potentially get surpassed by the Chinese government as a global superpower." On abortion, Hurd told Insider it "probably makes sense" to institute a nationwide ban after 15 weeks, with exceptions for rape, incest, and the life of the mother.
Republican hopefuls to court evangelical vote in Iowa
  + stars: | 2023-04-22 | by ( Nathan Layne | ) www.reuters.com   time to read: +3 min
CLIVE, Iowa, April 22 (Reuters) - Republican presidential hopefuls will make their pitch to evangelical voters in Iowa on Saturday, the first major event for candidates to court the key conservative voting bloc in a state set to hold the party's first nominating contest in early 2024. It will be headlined by former Vice President Mike Pence, a devout evangelical who may soon launch a presidential bid, and U.S. Iowa is slated to hold the first-in-the-nation Republican caucus in early 2024. Strong evangelical support early on in the nominating process could help give a challenger a chance to strike a blow against Trump, who won three-fourths of the white evangelical vote nationally in 2020. Trump won 76% of the white evangelical vote in 2020, down from 80% in 2016, according to Edison Research exit polls.
WASHINGTON, April 21 (Reuters) - Right-wing U.S. radio host Larry Elder, a Black lawyer who has denied there is systemic racism in America, has announced his candidacy for the 2024 Republican presidential nomination. Elder calls himself the "Sage from South Central," referring to a largely African American district of Los Angeles. He left Los Angeles after high school, attended Brown University in Rhode Island and earned a law degree at the University of Michigan. After practicing law in Cleveland, he returned to Los Angeles in the 1990s and began his career as a radio host, later becoming syndicated nationwide. Tim Scott of South Carolina, the only Black Republican serving in the U.S. Senate, has formed an exploratory committee.
CNN —Robert F. Kennedy Jr., the anti-vaccine activist and environmental lawyer, described himself as a truth-teller who will “end the division” as he launched his bid for the 2024 Democratic presidential nomination on Wednesday in Boston. Some Kennedy family members have denounced his views on vaccines. Kennedy lives in Los Angeles, but he chose Boston as a nod to his family’s deep political roots in the city, even though his father, Robert F. Kennedy, declared his presidential ambitions in the Senate Caucus Room on Capitol Hill in 1968, the same place his uncle, John F. Kennedy, launched his presidential campaign in 1960. “I’m a lifelong Democrat, but I will not be voting for Robert Kennedy Jr. because I cannot stomach the anti-vaccine thing,” said Tyson Humble of Portland, Oregon, who was visiting the John F. Kennedy Presidential Library and Museum. Caroline Kennedy, the daughter of former President Kennedy, is currently the US ambassador to Australia.
Here is a list of major declared candidates and other potential 2024 hopefuls in both the Democratic and Republican parties. Political analysts say there is little benefit to him jumping into the race too soon, with the election still 19 months away. In the meantime, he can continue to look presidential, although he still has poor approval ratings in opinion surveys. The former Kansas congressman was one of Trump's most loyal lieutenants and initially backed his false claims of a stolen presidential election in 2020. Several of his key staff, though, have recently joined the DeSantis camp, however, suggesting that Youngkin, is not going to run in 2024.
Opinion: Top secrets come spilling out
  + stars: | 2023-04-16 | by ( Richard Galant | ) edition.cnn.com   time to read: +16 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Writing for CNN Opinion, Rep. Justin Pearson noted, “This should be a chastening moment for revanchist forces in Tennessee’s legislature and across the country. Over the long haul, the undemocratic machinations employed to oust us from office are destined to fail. Dr. Martin Luther King, Jr. once famously said that the moral arc of the universe bends toward justice. “As a Jewish historian,” Perry wrote, “I worry about the tension between preserving the memory of past hardships while not locking our entire history into a tale of oppression.
His total after the March 30 indictment approached what he took in over the previous three months. He has portrayed the New York charges as "election interference" but also suggested they may help him win support. Until his indictment, his campaign fundraising had lagged behind the massive amounts he used to raise in days or in hours when he was president. Only a few candidates have officially entered the race, Trump's U.N. ambassador Nikki Haley, a former South Carolina governor; former Arkansas Gov. Asa Hutchinson, who announced days after Trump's indictment was filed; and tech entrepreneur Vivek Ramaswamy.
Senator Tim Scott plans to launch a presidential exploratory committee on Wednesday, a key step toward running for president in 2024, The Post and Courier newspaper in South Carolina reported late on Tuesday, citing sources. On Wednesday, Scott will be in Iowa, the lead-off state in the Republican presidential nominating process. He will then travel to New Hampshire on Thursday before coming back to his home state of South Carolina on Friday ahead of a local summit in Charleston, the newspaper said. Scott often called out Trump during his presidency over racially charged comments and blocked several of his judicial nominees for such reasons. Republicans who have formally launched campaigns for the party's 2024 nomination include former South Carolina Governor Nikki Haley, activist investor Vivek Ramaswamy and former Arkansas Governor Asa Hutchinson.
WASHINGTON, April 12 (Reuters) - The Republican Party plans to hold its first 2024 U.S. presidential primary debate in August in Milwaukee, Republican National Committee Chairwoman Ronna McDaniel said on Wednesday. The debate will be broadcast on Fox News, she said in an interview with the cable television channel. The RNC will also "get away from Big Tech" by arranging to livestream the debate on Rumble, an online video platform, McDaniel said. They will also partner with the Young America's Foundation, led by former Wisconsin Governor Scott Walker, to help spread their message to younger voters, she said. Senator Tim Scott, who launched a presidential exploratory committee on Wednesday; and former Vice President Mike Pence.
"Our country is once again being tested," Scott, the only Black Republican in the Senate, said in a 3-minute video announcement. Once he does so, he'll be the fourth Republican to enter the Republican primary contest against former President Donald Trump. Nikki Haley of South Carolina announced that she was appointing then-Rep. Tim Scott to the Senate on December 17, 2012. Haley and Scott could potentially be competitors to win the 2024 GOP presidential nomination. Haley, who was South Carolina governor at the time, appointed Scott to the seat in 2013 after then-Sen. Jim DeMint resigned.
Michael Burgess — the Texas congressman endorsed Trump in March after being named to the former president's campaign's Texas leadership team. Eli Crane — the Arizona freshman tweeted his support for Trump's 2024 bid the night of his announcement. Barry Moore — the Alabama congressman endorsed Trump in a radio interview in December, citing the former president's "experience level." 3 House Republican endorsed Trump days before his widely expected 2024 announcement in November. Roger Williams — the Texas congressman endorsed Trump in March after being named to the former president's campaign's Texas leadership team.
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