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☆ EV euphoria is dead. Automakers trumpet consumer choice for U.S. car shoppers
▼ + stars: | 2024-03-13 | by ( Michael Wayland | ) www.cnbc.com time to read: +11 min

Andrew Merry | Moment | Getty ImagesDETROIT — The buzz around electric vehicles is wearing off. U.S. EV sales were a record 1.2 million units last year, representing 7.6% of the overall national market, Cox Automotive estimates. "Moving on to less tech-savvy buyers will slow the EV market share growth over the next few years." Automakers wanted to emulate Tesla's success, with some promising to exclusively offer EVs in the not-too-distant future. "Toyota is almost completely absent from the [battery electric vehicle] market yet will gain more U.S. market share than any other car company this year.

Persons: hasn't, Andrew Merry, Aston Martin, Tesla, Elon Musk, Marin Gjaja, Ford, Pablo Di Si, Sam Fiorani, Romeo, Bentley, Mary Barra, there's, Cadillac, John Roth, We've, Gjaja, Jim Farley, Rebecca Cook, Oliver Blume, Akio Toyoda, Morgan Stanley, Adam Jonas, It's, Biden, Cox, Michelle Krebs, EVs, Trisha Jung Organizations: DETROIT, EV, Ford Motor, General Motors, Mercedes, Benz, Volkswagen, Jaguar, Rover, CNBC, GM, Hyundai Motor, Kia, Toyota Motor, VW, U.S, Cox Automotive, AutoForecast Solutions, Volvo, Buick, Cadillac, Honda, Ford Motor Co, Ford, Amperex Technology, Toyota, Cox, Tesla, Nissan, Nissan U.S, Environmental Protection Agency, Alliance for Automotive Innovation, American Automotive, Detroit automakers Locations: EVs, Europe, U.S, North America, Warren , Michigan, Detroit, Marshall , Michigan, Romulus , Michigan

☆ 8 federal government jobs that can pay over $200K
▼ + stars: | 2024-03-13 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

64 federal job categories pay upwards of $200,000, with some reaching $400,000. AdvertisementMany people enter federal roles for job security, not for the money. Data from the US Office of Personnel Management indicates 64 federal job categories have positions that pay over $200,000 — and some pay as much as much as $400,000. AdvertisementThere are currently 55 open positions in this category, with the highest role listed with a starting salary of $180,564. According to OPM, there are currently 319 federal employees in this job category who make over $200,000.

Persons: —, usajobs.gov Organizations: Service, Management, Federal Deposit Insurance Corporation, Department of, IT Management, NASA, FDA, Fish and Wildlife Service, Forest Service, Natural Resources Conservation Service, General Engineering, Marshall Space Flight, HR Management, National Science Foundation

The sun rises through the North Portico of the White House in Washington, DC, on March 11. Jim Watson/AFP/Getty ImagesWhite House officials are planning a real-time, rapid-response and fact-checking operation for Robert Hur’s testimony on Capitol Hill on Tuesday, according to a White House official. Hur’s highly anticipated appearance comes weeks after he released a controversial report on his investigation into Biden’s handling of classified materials. The White House has pushed back forcefully on Hur’s report, both in its substance and its motivation. “We are preparing to make clear yet again that the conclusion of the investigation was that there was no case here,” the White House official said.

Persons: Jim Watson, Robert Hur’s, Hur’s, Hur, Biden, ”, Beau, “ Organizations: White, Getty, Capitol, White House Locations: Portico, Washington ,, AFP

☆ Takeaways from Robert Hur’s testimony on Biden’s mishandling of classified documents
▼ + stars: | 2024-03-12 | by ( Jeremy Herb | Marshall Cohen | ) edition.cnn.com time to read: +8 min

which found evidence Biden willfully retained classified materials but that the evidence did not rise to the level of proof beyond a reasonable doubt. And he took on criticism directly over his inclusion of the state of Biden’s memory. On the Republican side, lawmakers pressed Hur on why he didn’t charge Biden despite the evidence of classified documents in Biden’s possession. “In short, to borrow a phrase from the last administration, the Hur report represents the complete and total exoneration of President Biden,” Nadler said. Hur found some evidence that Biden willfully retained classified materials after he left the Obama White House.

Persons: Robert Hur, Joe Biden’s, Hur, Biden, Donald Trump, Jim Jordan’s, Jerry Nadler, Jordan, misremembering, Trump, Viktor Orbán, ” Nadler, Jacquelyn Martin, AP Hur, ” Hur, “, Robert Mueller, Mueller, Eric Swalwell of, ” Swalwell, isn’t, ”, Hank Johnson, Adam Schiff, ” Schiff, didn’t, I’m, ’ ”, Tom McClintock, Joe Biden, Biden “, Obama, “ Joe Biden, he’s, Mr, ” Jordan, Nadler, Biden’s, CNN’s Devan Cole, Hannah Rabinowitz, Holmes Lybrand, Evan Perez Organizations: Committee, Republicans, Biden, Trump, Rep, Department of Justice, Capitol, Democratic, Georgia Democrat, ”, California Democrat, Senate, Republican, California Republican, Democrat, Ohio Republican, Obama Locations: Egypt, Mexico, Hungary, Turkey, Washington ,, Russia, Eric Swalwell of California, Georgia, California, House, Ohio

After a yearlong investigation, Hur concluded that Biden mishandled classified material and improperly disclosed classified information as a private citizen. Here are four key things to look for in Tuesday’s high-stakes hearing:What will Hur say about Biden’s age and memory? (At 81, Biden is the oldest US president in history, though Donald Trump is only a few years younger at 77.) House Republicans are looking for Hur’s public testimony to provide fresh momentum to their sputtering impeachment inquiry into Biden. Hur’s approach will determine how easy, or hard, it is for lawmakers to extract the political moments that they want.

Persons: Robert Hur, Joe Biden’s, Hur, Biden, wouldn’t, Donald Trump, Beau, Barack Obama, seething Biden, “, ” Biden, ”, Jack Smith, Trump, ” Hur, Will Hur, Hunter, Steve Ruark, Mr, Biden’s, Hunter Biden, Robert Mueller, John Durham, Bill Barr, – Hur, he’ll, Biden’s feebleness Organizations: CNN, GOP, Justice Department, Republicans, National Archives, Department of Justice, Court, Ukrainian, Justice, Internal Revenue Service, White, Trump, Democratic, Capitol Locations: Washington, Tuesday’s, Israel, Florida, Ukrainian, Baltimore, Maryland, Russia

☆ Right-wing outlets facing 2020 election defamation lawsuits may have found a key defense overseas
▼ + stars: | 2024-03-11 | by ( Marshall Cohen | ) edition.cnn.com time to read: +6 min

CNN —An alleged bribery scheme in the Philippines has thrown a potential lifeline to Fox News and other right-wing media outlets that are battling massive defamation lawsuits from the voting technology company Smartmatic for their promotion of 2020 election lies. The overseas scandal washed ashore last year when the Justice Department charged the Philippines’ former election commissioner with money laundering. Since then, Fox News, Newsmax and OAN have seized on the allegations, attempting to obtain new documents about potential wrongdoing by Smartmatic that could boost their defense. None of the allegations levied by US prosecutors in court filings pertain to vote-flipping or alleged rigging of election results. Last year, Fox paid a historic $787 million settlement with another election technology company, Dominion Voting Systems, for its promotion of similar election lies.

Persons: CNN —, Smartmatic, Newsmax, Donald Trump, Andres Bautista, Bautista, Fox, Nicolas Maduro, —, Smartmatic “, ”, Trump, “ Smartmatic, ” OAN, Eric Davis, OAN, “, OAN –, ” Smartmatic, hasn’t Organizations: CNN, Fox News, Justice Department, Trump, OAN, Philippine, Smartmatic, Fox, Dominion Voting, Lawyers Locations: Philippines, California, Venezuela, Manila, Smartmatic, Miami, Delaware, Brazil, United Kingdom, Netherlands, Belgium, Kenya, Oman, Switzerland, Taiwan

☆ UK court orders Trump to pay legal fees of company he sued over controversial Russia dossier
▼ + stars: | 2024-03-08 | by ( Kaanita Iyer | ) edition.cnn.com time to read: +2 min

CNN —A London judge has ordered former President Donald Trump to pay six figures in legal fees to a company he sued over a controversial dossier that made unverified and salacious allegations about him, according to court documents released Thursday. After dismissing the former president’s case last month against retired British intelligence officer Christopher Steele and his company, Orbis Business Intelligence, Judge Karen Steyn has ordered Trump to pay £300,000 ($385,000) to the company, according to court documents. Steyn ultimately ordered Trump to pay less than 50% of Orbis Business Intelligence’s stated costs. CNN has reached out to Orbis Business Intelligence and the Trump campaign for comment. Trump also faces his own legal fees in the 91 charges he faces in four criminal cases.

Persons: Donald Trump, Christopher Steele, Karen Steyn, Trump, Steyn, Orbis Business Intelligence’s, Steele, Jean Carroll, CNN’s Michael Rios, Jonny Hallam, Kristen Holmes, Marshall Cohen, Zahid Mahmood Organizations: CNN, Orbis Business Intelligence, Trump, Orbis Business, Kremlin Locations: British, Russia, York

☆ The Shelters Keeping People Out of Shelters
▼ + stars: | 2024-03-07 | by ( Aidan Gardiner | ) www.nytimes.com time to read: +1 min

Every day, people go to homeless shelters as a place of last resort. But some shelters, like the Marshall House in Hartford, Conn., are trying to help by turning people away. On a cold October morning, Ms. Rucker sat with Margaret Guzman; her boyfriend, Alex; and their 2-year-old son, Jayden, in a drafty intake room at Marshall House. Ms. Rucker said she had no beds for them, but then asked, “Do you have any family?” Around a small round table, she began to gently probe. They kept talking while Ms. Rucker listened.

Persons: Deborah Rucker, Rucker, Margaret Guzman, Alex, Jayden, Guzman’s Organizations: Marshall, Salvation Army, Marshall House Locations: Hartford, Conn

☆ An old hedge-fund strategy is taking off again. Why hedge funds from multi-strats to new launches are ramping up their alpha capture efforts.
▼ + stars: | 2024-03-07 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

Alpha capture strategies take inputs from sources like human traders, market data, sell-side research, and more and then use a systematic process to create a portfolio that is efficiently sized and hedged. CenterBook uses trading data from dozens of external firms to create its portfolios, while Norias will create its book off the ideas of its fundamental analysts. Meanwhile, Man Group is building out an alpha capture team within its AHL unit's special strategies team, a recent job posting states, and Squarepoint is doubling its team, finding external managers for its buy-side alpha capture program. "It is a way for them to increase their capacity and take in more assets," said Kevin Lyons, senior investment manager at Abrdn, about the largest platforms growing their internal alpha capture capabilities. AdvertisementThe alpha capture OGIt can all be tied back to the success of the original mainstream alpha capture strategy: Marshall Wace's TOPS, which stands for Trade Optimized Portfolio System.

Persons: —, Marshall Wace, Doug Haynes, Norias, Basil Qunibi, Squarepoint quant Warren Touwen, Merrill Lynch, Squarepoint, Touwen, Kevin Lyons, Marshall, Anthony Clarke, Cameron Hight, Hight, it's, headhunter Organizations: Service, Business, CenterBook Partners, Research, Investors, AHL, TOPS Locations: Austin, Abrdn, London

☆ Houthi rebels launched the first fatal anti-ship ballistic missile attack just days after sinking another vessel
▼ + stars: | 2024-03-06 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

An anti-ship ballistic missile hit the True Confidence as it was transiting the Gulf of Aden. AdvertisementThe M/V True Confidence after it was hit by an anti-ship ballistic missile. Monday's incident also marks the first ever fatal anti-ship ballistic missile attack . AdvertisementThe Marshall Islands-flagged, Bermuda-owned M/V Marlin Luanda after it was hit with an anti-ship ballistic missile in the Gulf of Aden in January. The fatal attack, meanwhile, comes just days after the sinking of the Rubymar, a commercial vessel that was hit by an anti-ship ballistic missile while it was transiting the Red Sea in mid-February.

Persons: —, CENTCOM, Marlin Luanda, Central Command Matthew Miller, Miller Organizations: Service, Liberian, Central Command, US, Command, MSC Sky, Marshall, State Department Locations: Aden, Iran, Yemen, Barbados, Bermuda, Gulf, Screengrab, Red

☆ Trump’s on the ballot, but the Supreme Court left key constitutional questions unanswered
▼ + stars: | 2024-03-06 | by ( John Fritze | Marshall Cohen | ) edition.cnn.com time to read: +8 min

But while the unsigned, 13-page opinion the Supreme Court handed down Monday decisively resolved the uncertainty around Trump’s eligibility for a second term, it left unsettled questions that could some day boomerang back to the justices. A state court removed Griffin from office and New Mexico’s top court dismissed his appeal and Griffin appealed to the US Supreme Court. And it just makes the presidential transition – if Trump wins – more complicated, unpleasant and problematic than it needed to be.”What about other qualifications for candidacy? The seemingly preposterous hypotheticals came up repeatedly during the Trump ballot cases. But the Supreme Court hasn’t addressed the issue and didn’t offer clues on the point in Monday’s opinion.

Persons: Donald Trump’s, Trump, ”, Donald Sherman, “, ” Trump, Ilya Somin, Couy Griffin, Griffin, Derek Muller, SCOTUS, Gerard Magliocca, Neil Gorsuch, hasn’t, ” Somin, Somin, nodded, isn’t Organizations: CNN, Court, Democratic, Trump, George Mason University, Capitol, Cowboys, New, Notre Dame Law School, Indiana University, Colorado, Appeals Locations: Washington, Colorado, New Mexico, disqualifying, Guyana, Denver

“Ice cream. “Chocolate cake mixed with the chocolate ice cream. Every time I make ice cream, I keep him alive. 2016, I voted for President Trump, and in 2020, I voted for President Trump again. On Tuesday, when we have primary, I will probably be voting President Trump.

Persons: ”, “ Denise, Marshall, it’s, I’m, Trump, Trumper Locations: Monterrey, Mexico, McAllen, ”

☆ Supreme Court keeps Trump on Colorado ballot, rejecting 14th Amendment push
▼ + stars: | 2024-03-04 | by ( John Fritze | ) edition.cnn.com time to read: +9 min

“The Supreme Court had the opportunity in this case to exonerate Trump, and they chose not to do so. Using the 14th Amendment to derail Trump’s candidacy has always been seen as a legal longshot, but gained significant momentum with a win in Colorado’s top court in December, on its way to the US Supreme Court. But in Colorado, a series of decisions by state courts led to a case that Trump ultimately appealed to the US Supreme Court in January. The Colorado Supreme Court, on a sharply divided 4-3 vote, affirmed the findings about Trump’s role in the US Capitol attack but said that the ban did, in fact, apply to presidents. Trump is appealing, and a state court paused those proceedings while the Supreme Court dealt with the Colorado case.

Persons: Donald Trump, Joe Biden, Trump, John Roberts, Clarence Thomas, Samuel Alito, Neil Gorsuch, Brett Kavanaugh –, “, ” Trump, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Amy Coney Barrett, Steve Vladeck, Sotomayor, Kagan, Barrett, Jackson, ” SCOTUS, Trump’s, State Jena Griswold, ” Griswold, ”, Norma Anderson, Trump “, Roberts, Kavanaugh, lobbed, Jonathan Mitchell, Barack Obama, ” Kagan, Jason Murray, CNN’s Marshall Cohen, Devan Cole Organizations: CNN, GOP, Trump, University of Texas School of Law, US Capitol, Republican, Colorado, State, U.S, Democrats, Citizens, Colorado Supreme, Biden Locations: Colorado, Washington, U.S ., “ Colorado, Colorado’s, Maine and Illinois, Minnesota , Michigan , Massachusetts, Oregon, Maine, An Illinois, United States

☆ Text messages shed new light on scope of fake electors plot after 2020 election
▼ + stars: | 2024-03-04 | by ( Marshall Cohen | Zachary Cohen | ) edition.cnn.com time to read: +5 min

This undercuts his recent testimony to state prosecutors in which he said the fake electors were contingent on winning the litigation. Chesebro told Troupis in late 2020 that it was “really not necessary” to link the GOP electors to ongoing litigation. “I have sent it to the White House this afternoon. The real decision makers,” Troupis responded, though he didn’t identify who at the White House received the memo. In the December 6, 2020, memo, Chesebro laid out the plan to put forth slates of Republican electors in seven key swing states that Trump lost, including Wisconsin.

Persons: Kenneth Chesebro, Donald Trump, Jim Troupis, Wisconsin’s, Chesebro, Trump, Troupis, ” Chesebro, Weeks, Alex Jones, Jones, “, ” Memo, Jim, Justin Clark, ” Troupis, Reince Priebus, Wisconsinites, The Trump, CNN’s Katelyn Polantz Organizations: CNN, Trump, Michigan, “, Capitol, White, White House Locations: Wisconsin, Georgia

In Florida, Trump’s attorneys told Judge Aileen Cannon his Mar-a-Lago classified documents case should wait until after the 2024 election. But both hearings could have a significant impact on when – or whether – Trump will face trial in each of those two cases. The only case that appears set: Trump’s New York criminal trial will begin March 25, which Trump’s attorneys said was a “firm” date in court Friday. Fulton County District Attorney Fani Willis attends a hearing on the Georgia election interference case on Friday in Atlanta. When Trump’s attorneys argued for the hearing, Cannon pushed them to describe how they could narrow its scope and asked them to lay out specifically what a hearing would examine.

Persons: Donald Trump’s, Aileen Cannon, Scott McAfee, Fani Willis, Nathan Wade, – Trump, Jack Smith’s, Willis, Wade, McAfee, Craig Gillen, Alex Slitz, “ We’ve, ”, Gillen, David Shafer, “, ” Gillen, Cannon, Jack Smith, –, Todd Blanche, ” Blanche, Jay Bratt, ” Bratt, ” Cannon, Trump, David Harbach, Biden, Harbach, Emil Bove, ” McAfee, Terrence Bradley, Donald Trump, Steve Sadow, Bradley –, What’s, they’ve, They’ve, Sadow, Bradley, ” Sadow Organizations: CNN, Trump, Fulton, Georgia Republican, “ Prosecutors, ”, Justice Department, Prosecutors, Biden White, FBI Locations: Florida, Georgia, Fulton County, Washington, York, Atlanta

☆ Trump’s View of America and the World Is Nothing New - The New York Times
▼ + stars: | 2024-02-29 | by ( David Brooks | ) www.nytimes.com time to read: +2 min

He seems to have been a very good father, but his political worldview was predicated on a deep pessimism. The Republican Party in the 1920s, ’30s and early ’40s was steeped in pessimism, and that pessimism showed up as it often does: as nativism, isolationism and protectionism. As World War II loomed, Senator Gerald Nye urged the passage of several neutrality acts to keep us from exporting arms to warring nations and opposed Lend-Lease to Britain. That version of the Republican Party ended in 1952, when Dwight Eisenhower defeated Taft for the Republican presidential nomination. Howard Buffett was so dismayed by the outcome that he refused to endorse Ike, his party leader.

Persons: I’ve, Warren Buffett’s, Howard Buffett, Franklin Roosevelt, George Marshall, Buffett, Johnson, Gerald Nye, Robert Taft, Dwight Eisenhower, Taft, Ike Organizations: Democrats, Republican Party, Reed, Lease, United States, Marshall Plan, NATO, World Bank, Republican, John Birch Society Locations: Nebraska, United States, Britain, America

☆ NYCB shares tumble after regional lender swaps out CEO, says it identified ‘material weakness’ in internal controls
▼ + stars: | 2024-02-29 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

New York CNN —Shares of New York Community Bank (NYCB) fell by as much as 20% in after-hours trading on Thursday after the beleaguered regional lender said in a filing it had identified “material weakness” in the company’s controls. The issues caused a $2.4 billion loss to shareholders last quarter, NYCB said. The bank also announced that Alessandro DiNello, its recently appointed executive chairman, will be the new president and CEO, effective immediately. In the same filing, NYCB disclosed Hanif (Wally) Dahya resigned from serving as director of the board. In his February 25 resignation letter, he said he “did not support the proposed appointment” of DiNello to president and CEO.

Persons: NYCB, Alessandro DiNello, Thomas Cangemi, Hanif, Wally, Dahya, “, DiNello, Marshall Lux, Chase Organizations: New, New York CNN, New York Community Bank, Silicon Valley Bank, Signature Bank, First Republic Bank, Securities and Exchange Commission Locations: New York, Silicon

☆ Shares of NYCB fall 14% after bank discloses 'internal controls' issue, CEO change
▼ + stars: | 2024-02-29 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The regional bank announced that Alessandro DiNello, its executive chairman, is taking on the roles of president and CEO, effective immediately. Shares of New York Community Bancorp fell 14% in extended trading Thursday after the regional lender announced a leadership change and disclosed issues with its internal controls. The bank also announced an amendment to its fourth quarter results, adding a disclosure about its internal risk management. The specter of loan losses reignited fears about the state of the commercial real estate market and regional banks more broadly. Several regional banks failed in 2023 after customers and investors became uneasy about the value of the debt on bank balance sheets, including Silicon Valley Bank.

Persons: Alessandro DiNello, NYCB, DiNello, we've, Marshall Lux, Hanif Dahya, Lux, JP Morgan Organizations: York Community Bank, New York Community Bancorp, Flagstar Bank, Moody's Investors Service, Chase Consumer Bank, JP, Silicon Valley Bank Locations: Brooklyn, New York City, Silicon

☆ Trump appeals judge’s decision that disqualified him from Illinois ballots
▼ + stars: | 2024-02-29 | by ( Marshall Cohen | ) edition.cnn.com time to read: +2 min

Washington CNN —Former President Donald Trump has appealed an Illinois judge’s decision that disqualified him from the state’s upcoming Republican primary ballot. The surprise court ruling this week throws into question whether votes cast for Trump will be counted. Porter issued her decision Wednesday night and paused the decision for two days, so Trump could appeal. Trump’s lawyers asked her on Thursday to extend the pause until all of their potential appeals are exhausted in Illinois courts. The justices seemed likely to reverse that decision, teeing up a conflict with the Illinois ruling.

Persons: Donald Trump, Tracie Porter, Trump, Porter, ”, It’s, they’ll Organizations: Washington CNN, Illinois State, Republican, GOP, Trump, Illinois Locations: Illinois, Cook County, Colorado, insurrectionists, Maine

☆ Alabama IVF ruling: Here’s what could happen next
▼ + stars: | 2024-02-28 | by ( Lauren Mascarenhas | ) edition.cnn.com time to read: +9 min

At least three providers in Alabama, including the state’s largest health system, have halted some in vitro fertilization services since the court’s ruling. Republicans hold a majority in both the Alabama House and Senate. “Any legislation that gets passed is ultimately up to interpretation by the Alabama Supreme Court,” O’Conner said. A trial court initially dismissed the claims, but the state Supreme Court ruling reversed that decision. The clinic involved in the lawsuit, The Center for Reproductive Medicine in Mobile, is among those that have halted some IVF services.

Persons: Steve Marshall, Katie O’Connor, ” O’Conner, Anthony Daniels, Kay Ivey’s, Daniels, Bill, Republican Terri Collins, Tim Melson, “ I’m, ”, Democratic Sen, Tammy Duckworth, Savannah Koplon, Butch Dill, ” Dr, Janet McLaren Bouknight, Katherine Kraschel, “, ” Kraschel, Greg Abbott, Trump, ” Abbott, CNN’s Dana, Abbott, Richard Drew, ” O’Connor, Sen, Erin Grall, Kraschel, Trip Smalley, Smalley Organizations: CNN, Republican, National Women’s Law, Alabama, Democratic, Alabama House, Gov, Alabama Republicans, Senate, Republicans, Alabama Supreme, University of Alabama, Alabama Legislature, The University of Alabama, Birmingham, Infant Center, Alabama Fertility Specialists, Facebook, “, Alabama Fertility, Northeastern University School of Law, Texas Gov, Union, AP Lawmakers, Tampa Bay Times, Center, Reproductive Medicine Locations: Alabama, Montgomery, state’s, House, Birmingham, Birmingham , Alabama, Texas, “ State, Florida, Republican Florida, Mobile, ”

☆ Illinois judge removes Trump from ballot because of ‘insurrectionist ban’
▼ + stars: | 2024-02-28 | by ( Marshall Cohen | ) edition.cnn.com time to read: +3 min

CNN —In a surprise move, an Illinois judge has removed former President Donald Trump from the state’s ballot based on the 14th Amendment’s so-called “insurrectionist ban.”The decision is paused, giving Trump a short period of time to appeal. “The Illinois State Board of Election shall remove Donald J. Trump from the ballot for the General Primary Election on March 19, 2024, or cause any votes cast for him to be suppressed.”The judge stripped Trump from the Illinois ballot one month after the anti-Trump challenge was dismissed by the Illinois State Board of Elections. Illinois is now the third state where Trump was booted from the ballot, after Colorado and Maine. But those decisions were paused pending the appeal of the Colorado case to the US Supreme Court. Trump can appeal the judge’s decision in Illinois state courts.

Persons: Donald Trump, Trump, Tracie Porter, Colorado’s, “, ” Porter, Donald J, ”, Porter, Jose Luis Magana, Nicholas Nelson, ” Nelson, Adam Merrill, ” Merrill, CNN’s Katelyn Polantz, Eric Bradner Organizations: CNN, Trump, Colorado Supreme, Illinois State, AP Trump, GOP Locations: Illinois, Colorado, Cook, Maine, Michigan , Minnesota, Oregon, Washington, ” Illinois

☆ Venice Biennale Says It Will Disregard Petition to Ban Israel
▼ + stars: | 2024-02-28 | by ( Alex Marshall | ) www.nytimes.com time to read: 1 min

In a sign of the deep divisions over the war in Gaza, thousands of artists signed an open letter urging the Venice Biennale to ban “any official representation of Israel” during the art world’s most important event. This week, they got an answer: The Biennale and Italy’s culture minister said that Israel would still be taking part. The Biennale said in a statement on Wednesday that any country recognized by Italy could request to participate. The Biennale would “not take into consideration any petition or call to exclude” countries, it added. The comments came a day after Gennaro Sangiuliano, Italy’s culture minister, issued a far stronger statement in support of Israel’s participation.

Persons: Israel ”, Gennaro Sangiuliano Organizations: Venice Biennale Locations: Gaza, Venice, Israel, Italy

☆ TJX tops earnings estimates as holiday sales jump 13%
▼ + stars: | 2024-02-28 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

TJX Cos. on Wednesday said holiday sales jumped 13% as shoppers hunting for deals flocked to the off-price retailer. Excluding an additional week in the quarter, TJX reported earnings per share of $1.12. Sales rose to $16.41 billion, up about 13% from $14.52 billion a year earlier. Over the last year, it raised its sales and profit guidance numerous times. For the full year, it expects earnings per share of $3.94 to $4.02, compared to estimates of $3.88 to $4.40.

Persons: TJX Cos, TJX, Jane Hali Organizations: Maxx, LSEG, Associates Locations: Pinole , California, TJX's, New York , Florida , Texas, California

☆ A look into Michigan’s economic prospects as automotive jobs see a decline
▼ + stars: | 2024-02-27 | by ( Chris Isidore | Tami Luhby | ) edition.cnn.com time to read: +11 min

Jobs in the state’s auto plants, parts factories and corporate offices shrank by 35% since 1990, according to figures from the Bureau of Labor Statistics. And those jobs make up only 3.7% of the jobs in the state, roughly half what it was in 1990. Some of the auto jobs disappeared because of automation. “But it is still the cornerstone of the Southeast Michigan economy. The categories understate the importance.”But other segments of the Michigan economy now rival autos.

Persons: –, Stellantis, Jeff Kowalsky, Patrick Anderson, “ I’m, ” Anderson, Brian Peters, Peters, ” Peters, Anderson, Bill Pugliano, Gretchen Whitmer, Whitmer, there’s, ”, Monique Stanton, Stanton, ” Stanton, Matthew Hatcher, Donald Trump, Joe Biden Organizations: New, New York CNN, Republican, Democratic, Bureau of Labor Statistics, Motors, Ford, Fiat Chrysler —, GM, Fiat Chrysler, Getty, Anderson Economic Group, Michigan Center for Data, Michigan Health & Hospital Association, Health, Big, Chrysler, United Auto Workers, General Motors, North, Gov, Census, ICE, Michigan, Michigan League, Public, Missouri Economic Research, Information, Fox News, Democrats, Shoppers, Bloomberg, Washington Post, Monmouth University Locations: New York, Michigan, Mexico, Southern, Edmunds, Dearborn , Michigan, AFP, Southeast Michigan, Lansing , Michigan, North America, Marshall , Michigan, Florida, Texas, Illinois, California, Living, Somerset, Troy , Michigan

☆ Criticism of Israel at Berlin Film Festival Stirs Antisemitism Debate
▼ + stars: | 2024-02-27 | by ( Alex Marshall | ) www.nytimes.com time to read: 1 min

When Yuval Abraham and Basel Adra walked onstage at the Berlin International Film Festival on Saturday night, they had come to talk about more than movies. Abraham and Adra, an Israeli and Palestinian filmmaking team, had just won the festival’s award for best documentary for “No Other Land,” a movie about Palestinian resistance to Israeli campaigns in the occupied territories. It was “very hard,” Adra said, to celebrate the award “when there are tens of thousands of my people being slaughtered and massacred by Israel in Gaza.”He called upon German lawmakers to “stop sending weapons to Israel,” before Abraham called for a cease-fire and an end to Israel’s occupation. The audience, which included the culture minister of Germany, Claudia Roth, applauded loudly, and there were whistles and cheers in the hall.

Persons: Yuval Abraham, Basel Adra, Abraham, Adra, ” Adra, ”, Claudia Roth Organizations: Berlin Locations: Palestinian, Israel, Gaza

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