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CNN —Judge Aileen Cannon wants to hold additional hearings on Donald Trump’s attempts to challenge key evidence in his classified documents case and will allow the former president’s lawyers to question witnesses about the investigation and search of Mar-a-Lago. Those issues were argued in hearings on Tuesday, but Cannon did not rule on the matters. The judge did not say when additional hearings would be held. The special counsel’s office has strongly opposed the need for additional hearings and Trump’s attempts to cut out parts of the case. Cannon has not set dates for the additional hearings yet.
Persons: Aileen Cannon, Donald Trump’s, Evan Corcoran, Cannon, , ” Cannon, Ty Cobb, Judge Cannon’s, CNN Cannon, Trump’s, Corcoran, Trump Organizations: CNN, FBI, Mar, Trump Locations: Florida, Lago, Mar, Trump’s Florida, Washington, DC
The release was a stunning development at the Supreme Court, which usually safeguards the release of its opinions. The abortion case was considered among the most significant of the current term that is winding down ahead of the July 4 holiday. A Supreme Court spokeswoman confirmed that a “document” was “inadvertently and briefly uploaded” to the court’s website. The decision came days after the Supreme Court unanimously rejected an effort by anti-abortion groups to limit access to the abortion pill mifepristone. In January, the Supreme Court agreed to decide the case and allowed the law to take effect while it did so.
Persons: Roe, Wade –, Biden, , , Patricia McCabe, Elena Kagan, Justice Ketanji Brown Jackson, wouldn’t, Steve Vladeck, Case, Reagan, Elizabeth Prelogar, Prelogar, Amy Coney Barrett, Joshua Turner, Weeks Organizations: CNN, Bloomberg News, Bloomberg, Supreme, Politico, US, Justice, University of Texas School of Law, of Justice, White, Justice Department, Idaho, Labor, Biden, Republican Locations: Idaho
But the figure of former President Jacob Zuma and his new political party uMkhonto – or simply “MK” – provoked more reaction. Jerome Delay/APMoreover, according to Herman, pro-Zuma conspiracy theories and propaganda, some with Russian fingerprints, had been flooding South African social media in the lead-up to the election. And even as Zuma takes pages from Trump’s playbook, South Africans may be telling a different narrative. Facing pressure, Zuma resigned as South African president in 2018. Though some South Africans still admire the US’ capitalist spirit, I find that the South African friends who visit me in the US don’t always feel at ease anymore.
Persons: Sean Jacobs, Cape Town CNN —, Read, Nelson Mandela –, Jacob Zuma, uMkhonto, , , Herman Wasserman, Herman, Zuma, Donald Trump’s, Jerome Delay, Trump’s, Mandela, Michele Spatari, Duduzile, Jacob Zuma's, MK’s, Zuma’s, , jestingly liken Donald Trump, Jacob Zuma of, Putin, playbook, Nelson Mandela, Alexander Joe, Trump, “ I’ve, it’s Biden, won’t Organizations: CNN, New School, Cape Town CNN, African National Congress, Zulu, Stellenbosch University, Former South, ANC, Getty, Democratic Alliance, DA, South, Trump, Jacob Zuma of America, Durban, International Court of Justice, Global Locations: Africa, South Africa, Stellenbosch, Cape Town, America, Taiwan, Germany Riding, United States, Orlando, Soweto, Johannesburg, Trump’s playbook, South, Robben, Orange Farm, AFP, Cape, Durban, Russia, States, China, Israel, New York City
The 2023 Global Traffic Scorecard report by INRIX, a transportation analytics company, found the typical U.S. driver lost 42 hours to traffic congestion — the equivalent of a full work week — that resulted in $733 worth of time lost. Congestion cost the U.S. more than $70.4 billion in 2023, a 15% increase from 2022. The report also states the return to the office post-Covid has continued to affect other modes of transportation. To rank the cities, INRIX looked at travel delay comparisons, collision trends, last-mile speeds, economic costs and time lost. Pishue says the biggest takeaway from the report was that of the urban areas studied globally, 78% saw increased traffic delays in 2023.
Persons: INRIX, Covid, Bob Pishue, Pishue Organizations: CNBC Locations: States, U.S
Washington CNN —American officials went through a line-by-line explanation of hundreds of US weapons shipments to Israel in meetings this week with the country’s defense minister in a bid to rebut claims from Prime Minister Benjamin Netanyahu that President Joe Biden was delaying military assistance. The meetings with Defense Minister Yoav Gallant came amid a growing spat between the Biden administration and Netanyahu, who has claimed that armaments are being delayed to the intense frustration of Washington. “We had a very good opportunity to sit down with experts from across our system and go through every single case,” a senior US administration official said. Since Netanyahu first took his complaints public last week, White House officials have brushed off some of his comments as motivated by politics as he works to maintain a fragile grip on power. We look forward to constructive consultations with the defense minister in Washington this week,” a White House official said.
Persons: Benjamin Netanyahu, Joe Biden, Yoav Gallant, Biden, Netanyahu, Gallant, , Netanyahu’s, , Antony Blinken “, ” Netanyahu, wasn’t, Organizations: Washington CNN — American, White, Officials Locations: Israel, Washington, Gaza, Rafah
Transit leaders in New York City are preparing to scale back billions of dollars’ worth of upgrades to the nation’s largest transit network after Gov. Kathy Hochul halted a tolling program that would have paid for improvements and repairs. Gone were plans to make subway stations more accessible to riders with disabilities, repairs to some nearly century-old infrastructure and the expansion of the Second Avenue subway line, among other now-deferred projects. The board has yet to officially revise its capital plans but did pass a resolution on Wednesday to remain prepared to put the congestion pricing program into effect once it gets the green light from Albany. Governor Hochul has not indicated when that might be.
Persons: Kathy Hochul, Hochul Organizations: Gov, Metropolitan Transportation Authority Locations: New York City, Albany
OpenAI delays rolling out its 'Voice Mode' to July
  + stars: | 2024-06-25 | by ( ) www.reuters.com   time to read: +1 min
OpenAI logo is seen in this illustration taken, March 11, 2024. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Purchase Licensing Rights New Tab , opens new tabJune 25 (Reuters) - ChatGPT maker OpenAI said on Tuesday that it was delaying the release of its "Voice Mode" feature by a month to July because of technical issues. We're also working on improving the user experience and preparing our infrastructure to scale to millions while maintaining real-time responses," OpenAI said in a post on social media platform X. OpenAI is also working on rolling out new video and screen-sharing capabilities. Reporting by Juby Babu in Mexico City; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, OpenAI, We're, Juby Babu, Pooja Desai Organizations: REUTERS, ChatGPT, Thomson Locations: Mexico City
Monday's district court rulings were different, but both dealt blows to the SAVE plan. AdvertisementEducation Secretary Miguel Cardona condemned the rulings on Monday, saying in a statement that "the Department of Justice will continue to vigorously defend the SAVE Plan." "While we continue to review these rulings, the SAVE plan still means lower monthly payments for millions of borrowers - including more than 4 million borrowers who owe no payments at all, and protections for borrowers facing runaway interest when they are making their monthly payments," he added. "All of this is to ask why: if these parts of the SAVE Plan promised an irreparable harm to plaintiffs, why didn't they move to enjoin the SAVE Plan before they took effect?" He also said that even without allowing student-loan forgiveness, the other provisions, like lower payments and limited interest accrual, will still provide relief to borrowers.
Persons: , Joe Biden's, Daniel Crabtree, John Ross, Miguel Cardona, " Cardona, Crabtree, Missouri's Ross, MOHELA, Biden's, Ross, Cardona, Karine Jean, Pierre Organizations: Service, Business, GOP, Department, Justice, SAVE, Republican, Higher, Education Department, Justice Department, White House Press Locations: Kansas, Missouri, Monday's
Boeing would use stock instead of cash to buy Spirit AeroSystems, said the two people, who were not authorized to speak publicly about the deal. One added that Boeing would pay more than $4 billion for Spirit, which produces aviation parts, including the body of the Boeing 737 Max, the company’s most popular plane. One of the people familiar with the talks said that the decision to shift to stock from cash was not expected to significantly delay a deal, which could be announced as soon as next week. Based on its stock price on Tuesday, Spirit has a market value of more than $3.6 billion. News that Boeing was proposing to use its stock, rather than cash, to buy Spirit was reported earlier by The Wall Street Journal.
Organizations: Boeing, Max, Wall Street
Activist investor Starboard Value on Tuesday sent a letter to Autodesk's board, demanding that the company explain to shareholders who and what was behind an internal financial probe that sparked federal investigations and revealed deliberate misrepresentation of key financial metrics. The activist investor wrote in its letter that there had been "no consequences and no accountability for those involved in this purposeful misleading of shareholders." A representative for Autodesk did not immediately return a request for comment. The internal probe led to the reassignment of its chief financial officer and prompted inquiries from financial regulators and the Justice Department. The activist wrote that it had received "overwhelmingly positive feedback" from other investors frustrated with Autodesk's perceived "poor corporate governance."
Persons: Jeff Smith, Smith, Debbie Clifford Organizations: Autodesk, Justice Department, Company Locations: Delaware
Differences like these lead researchers like me to wonder what factors influence the telling of lies. Figuring out the frequency of liesMost research on lying asks participants to self-report their lying behavior, say during the past day or week. This result became the benchmark finding in the field of honesty research and helped lead to an assumption among many researchers that lying is commonplace. It could be that each person in the group tells one or two lies per day. Many lies occur in the heat of the moment, so it makes sense that when there’s a delay in communication, as with email, lying would decrease.
Persons: Joe Biden’s, Hunter Biden, George Santos, Cardi, , Bella DePaulo, it’s, Kim Serota, they’d, Madeline Smith, David Markowitz, Markowitz, Recordability, DePaulo, , Deborah Kashy, you’re, B, Miller, John Templeton Organizations: CNN, Republican, University of Virginia, Michigan State University, Northwestern University, University of Oregon, John, John Templeton Foundation
In March, the first lady, Jill Biden, announced a new White House women’s health initiative that highlighted a seemingly obscure research question: What if you could delay menopause and all the health risks associated with it? The question comes from a field of research that has started to draw attention over the last few years, as scientists who study longevity and women’s health have come to realize that the female reproductive system is far more than just a baby-maker. The ovaries, in particular, appear to be connected to virtually every aspect of a woman’s health. Once that happens, a woman enters menopause, which accelerates her aging and the decline of other organ systems, like the heart and the brain. While women, on average, live longer than men, they spend more time living with diseases or disabilities.
Persons: Jill Biden, , Renee Wegrzyn, “ It’s Organizations: House, Advanced Research, Agency for Health Locations: midlife
NASA officials called off the spacewalk because of a water leak in the cooling unit of one of the astronauts’ spacesuits. The leak, which affected the suit donned by NASA astronaut Tracy Dyson, sprang up just after the suits were transferred to battery power just before they exited the space station. Today's spacewalk with @NASA_Astronauts Tracy C. Dyson and Mike Barratt has been cancelled due to a spacesuit cooling unit water leak. The delayed spacewalk is only the latest in a string of setbacks around operations on the International Space Station in recent weeks. The Starliner spacecraft has been on its first crewed test flight to the space station.
Persons: , Tracy Dyson, Dyson, Mike Barratt, @NASA_Astronauts Tracy C, XaM0jSDTKp, ” Dyson, Matthew Dominick, It’s Organizations: CNN, NASA, Space
Traders work on the floor during morning trading at the New York Stock Exchange (NYSE) on March 6, 2024 in New York City. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The tech-centric Nasdaq Composite remained flat, while the Dow Jones Industrial Average had its best week since May, rising 1.45%. Most Asia markets fallMost Asia-Pacific markets were trading lower as investors awaited inflation data from Australia and Japan later this week.
Persons: JPMorgan Chase, Goldman Sachs, Tesla, Elon Musk, Musk, Australia's, Kospi, Seng, Morgan Stanley's Andrew Slimmon Organizations: New York Stock Exchange, CNBC, Nvidia, Microsoft, Apple, Nasdaq, Dow Jones, Citigroup, JPMorgan, Bank of America, Apple Intelligence, Union, Nikkei, Bank of, CSI Locations: New York City, Asia, Pacific, Australia, Japan, Bank of Japan
Apple’s European Headache
  + stars: | 2024-06-24 | by ( Andrew Ross Sorkin | Ravi Mattu | Bernhard Warner | ) www.nytimes.com   time to read: +1 min
The $3 trillion company is the first to be charged under the Digital Markets Act, a landmark 2022 E.U. Here are the E.U.’s accusations against Apple:The App Store violates so-called steering rules. Regulators say that app developers cannot easily inform their customers about new offerings, including cheaper deals, within Apple’s ecosystem. The fees Apple charges are excessive. products and services in Europe because of “regulatory uncertainties.”And the company already faces a $2 billion E.U.
Persons: Apple Organizations: Apple, European Union, Digital Markets, Google, Financial Times, Microsoft Locations: Apple’s, Europe
Apple could face EU fines of up to 10% of the company's total global revenue if found in violation of the DMA's competition policies. Ultimately, though, JPMorgan analysts said Monday that Apple's AI features delay overseas would have little impact on financials. AAPL YTD mountain Apple YTD Overall, Apple stock has had a rocky 2024 performance. Apple CEO Tim Cook delivers remarks at the start of the Apple Worldwide Developers Conference (WWDC) on June 10, 2024 in Cupertino, California. Apple will announce plans to incorporate artificial intelligence (AI) into Apple software and hardware.
Persons: Apple, Jim Cramer, it's, Jim, Melius, Siri, Pro Max, Jim Cramer's, Tim Cook, Justin Sullivan Organizations: Apple, European Union, CNBC, JPMorgan, The Club, Huawei, Developers, Pro, Apple Worldwide Developers Locations: Europe, Apple's, China, Cupertino , California
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The tech-centric Nasdaq Composite remained flat, while the Dow Jones Industrial Average had its best week since May, rising 1.45%. The yield on the 10-year Treasury ticked higher and U.S. oil prices rose 2.9% for the week. [PRO] Comeback stocksThe S&P 500 has soared to record levels, fueled by the AI boom, but not all stocks are riding the wave.
Persons: JPMorgan Chase, Goldman Sachs, Tesla, Elon Musk, Musk, Tim Lugo, William Blair's Organizations: CNBC, Nvidia, Microsoft, Apple, Nasdaq, Dow Jones, Citigroup, JPMorgan, Bank of America, Apple Intelligence, Union, Therapeutics, FDA, Organization for Rare Disorders, Nike, Starbucks Locations: U.S
Build up Ukrainian military power and compel Russia to agree to peace, argues a Ukrainian security expert. It's also clear that even with robust EU and US support, Ukraine is still at a disadvantage against the Russian war machine in a years-long fight. Related storiesDanylyuk also worries that political divergences between Ukraine and its allies are undermining Ukrainian military effectiveness. REUTERS/Sofiia GatilovaThe result is that the Ukrainian military isn't sure what kind of war to prepare for. Interestingly, Danylyuk blames the West for failing to adapt its equipment to the lessons of the Ukraine war.
Persons: Oleksandr Danylyuk, Danylyuk, Carl von Clausewitz, Biden, It's, Ukraine's, Michael Peck Organizations: Service, Business, Royal United Services Institute, Century, [ Armed Forces, REUTERS, Ukrainian, Russian, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russia, USSR, British, Europe, Ukrainian, Kostiantynivka, Donetsk, Crimea, Soviet, Afghanistan, Russian, Moscow, China, North Korea, Iran, Forbes
Read previewWhen Rudy Giuliani filed for bankruptcy late last year, it gave him some room to breathe. They all flowed into a federal bankruptcy court, where creditors could negotiate for whatever funds the aging former New York City mayor had left. But if the judge were to agree with the creditors and appoint a Chapter 11 bankruptcy trustee, Giuliani would lose control of his own financial life. AdvertisementA bankruptcy trustee would control all of Giuliani's assets and would be able to sell his two homes unimpeded. Giuliani's creditors have formed a supergroup to try to dig into his finances.
Persons: , Rudy Giuliani, Sean H, Lane, Giuliani, hasn't, mismanaging, Eric Snyder, Wilk Auslander, They've, Ruby Freeman, Shaye Moss, Noelle Dunphy, Akin Gump, Freeman, Moss, Joe Biden, didn't, TrustPoint, Smartmatic, Jacquelyn Martin, Donald Trump, Snyder, Maria Ryan, Rudy Giuliani's, Ryan couldn't, Matt Rourke Giuliani, John Catsimatidis, Biden, Barrett Prettyman, Shane Moss, Drew Angerer, isn't Organizations: Service, Systems, Business, New, New York City, Department, Dominion, Giuliani, Trump's Saving America, Rudy's, Towers Foundation, Giuliani Communications, Republican, Trump, AP, WABC, America's, Washington , DC Locations: New York, New York City, Florida, Georgia, Smartmatic, WASHINGTON, DC, Washington ,, Fulton County, Fulton, Arizona
Activist Commentary: Starboard is a very successful activist investor and has extensive experience helping companies focus on operational efficiency and margin improvement. With 90%+ gross margins and 35% operating margins, Autodesk is a leader in AEC software. Further, its operating margins are not much worse than those of its peers at first blush. However, Starboard correctly does not judge the company's operating margins on the mean of its peer set, but by the potential embodied in its gross margins and market position. He no longer serves on the board of Autodesk, but he could certainly be an informal advisor to Starboard – or a cautionary tale for Autodesk.
Persons: Max, Russell, Deborah Clifford, Clifford, bode, Sachem, Andrew Anagnost, designees, Rick Hill, Hill, designee, Ken Squire Organizations: Autodesk, Engineering, Manufacturing, Media, Entertainment, Manufacturing Solutions, Wonder, Delaware Chancery, , U.S . Securities, Exchange Commission, Delaware Court, Marvell Technology, Symantec, 13D Locations: Delaware, Autodesk's
Trump is arguing that Jack Smith – who has brought charges against Trump in Florida and Washington, DC – was unlawfully appointed as special counsel. At the center of Trump’s argument is the claim that the Attorney General Merrick Garland does not have legal authority to appoint someone as special counsel who hasn’t confirmed by the Senate. The Justice Department says the attorney general has ample authority to appoint “inferior officers,” which would include special counsels. “This Court should hold as a matter of law that the Attorney General lawfully appointed the Special Counsel,” the attorneys wrote. Almost inverse from Trump, Biden argued that special counsel David Weiss was unlawfully appointed because he was already in the federal government and therefore not fully independent.
Persons: Donald Trump, Aileen Cannon, Trump, Jack Smith –, , Merrick Garland, hasn’t, , Trump’s, Cannon, Smith “, , Smith, Josh Blackman, Gene Schaerr, Matthew Seligman, I’ve, ” Blackman, Hunter Biden, Biden, David Weiss Organizations: Pierce , Florida CNN, Trump, Senate, The, Department, Republican, Fort Pierce, The New York Times, Citizens United, United, United States Government, Justice Department, State Democracy Defenders, CNN Locations: Pierce , Florida, Florida, Washington, Fort, United States
With basic income, families had more housing and food securityUpTogether reported that basic income positively impacted participants' financial stability, well-being, and food and housing security. The percentage of participants with housing stability rose from 45% to 60%, while the participants reported an 8% decline in homelessness. More basic income programs are aimed at parentsMarin County's pilot isn't the only basic program to focus on low-income mothers. A basic income program in New Mexico also gave $500 a month to mixed-citizenship status immigrant families with children. Compared to federal safety nets like SNAP, Medicaid, or rental vouchers, basic income allows families more flexible spending.
Persons: , Claudia Muralles, San Francisco Bay — Muralles, Muralles, UpTogether, Community Action Marin, Marin County's, Flint, Jesús Gerena, Marin, Gerena Organizations: Service, Marin County , California —, Business, UpTogether, Marin Community Foundation, Marin Housing, Community Action, Children, Child Tax, Local, Medicaid Locations: Marin County , California, San Francisco Bay, Marin, Marin County, America, Flint , Michigan, New Mexico, GBI
Days before admittedly stabbing and dismembering tech CEO Fahim Saleh, ex-personal assistant Tyrese Haspil admittedly used $750 of his victim's money to buy this 6-by-6-inch cake for his girlfriend. Anything less than unanimity — say if one juror accepts Haspil's EED defense and 11 do not — will cause a mistrial. Killer Tyrese Haspil, left, and Fahim Saleh in the lobby of Saleh's Lower Manhattan condo complex, one minute before the attack. Tyrese Haspil, accused of the 2020 murder-dismemberment of tech CEO Fahim Saleh, in state Supreme Court in Manhattan. Fahim Saleh is facing his killer, Tyrese Haspil, as the elevator doors close on the victim's apartment.
Persons: , They'll, Tyrese, Fahim Saleh, Haspil, Saleh, Tyrese Haspil, Louis Vuitton, Chauveau, Alan Chin, who'd, Barry Rosenfeld, he'd, Linda Ford, He'd, Exed, Tasers, Fahim Saleh's, Joseph Goldstein, Sam Roberts —, Society — Organizations: Service, Business, Attorney, Louis, Manhattan, Home Depot, York Penal Law, Amazon, Buy.Taser.com, New York, Society Locations: Manhattan, France, Lower Manhattan, American, Gokada, Nigeria, Brooklyn, Lagos, New York, balaclava, New
The three-judge appeals panel that denied Mr. Bannon’s emergency motion on Thursday was split, 2 to 1, with Judge Justin R. Walker dissenting. Judge Walker noted that Mr. Bannon was petitioning the Supreme Court to consider his case and wrote that he should remain free until it decides whether to hear his appeal. Mr. Bannon’s lawyers have argued that his case involves important legal questions surrounding the separation of powers. At trial, they argued that Mr. Bannon was acting on the advice of lawyers who counseled him that he could disregard the subpoena under former President Donald J. Trump’s executive privilege. Mr. Bannon had served briefly as Mr. Trump’s top political adviser in the White House but had left the position long before the attack on the Capitol.
Persons: Stephen K, Bannon’s, Bannon, Trump, Justin R, Walker, Judge Walker, Donald J, Trump’s Organizations: Capitol
The big storyEmerging markets have been on tenterhooks for the better part of this year as the Federal Reserve has been dangling the prospect of an interest rate cut. Historically, as U.S. interest rates fall, the allure of the mighty dollar fades to the benefit of other currencies. Indeed, unlike most developed economies, India's interest rate regime in 2024 isn't any different from that of 2018. There lies the disconnect between the economy, the stock market, and a single stock. Non-bank lender Akme Fintrade India and engineering firm DEE Development Engineers will debut on the stock market on Wednesday.
Persons: Sumant Sinha, we've, Sinha, It's, Fitch, Rahul Jain, Goldman Sachs, Jake Sullivan, Modi, Narendra Modi, CNBC's Charmaine Jacob, Raamdeo Agrawal, CNBC's Tanvir Gill, Jain Organizations: Bloomberg, Getty, Federal Reserve, India Inc, Nasdaq, Reserve Bank of, U.S, Societe Generale, Goldman, Clean Energy, CNBC, Motilal Oswal Financial Services, of India, Bangladesh, Australia, DEE Development Engineers Locations: Tuticorin, India, Reserve Bank of India, Japan, Britain, Delhi
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