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☆ Elon Musk has been getting Trumpier. A direct line to Trump may be next
▼ + stars: | 2024-05-30 | by ( Clare Duffy | Brian Fung | ) edition.cnn.com time to read: +9 min

CNN —Elon Musk has sought to accumulate political capital commensurate with his extravagant wealth. Musk has discussed advising Trump should he win the 2024 election, the Journal reported, citing unnamed sources. Musk called Trump directly via cellphone to explore a role that could potentially give Musk significant influence over US policies. Reporting that Musk and Trump’s relationship has improved comes after Musk’s politics have become more aligned with Trump’s. For Musk to have a direct, private line to a future President Trump “would seem to be a blatant conflict of interest,” said Darrell West, a senior fellow in the governance studies program at the Brookings Institution.

Persons: CNN — Elon Musk, Musk, Donald Trump, Trump, Brian Hughes, –, Andrew Harnik, ”, Darrell West, ” West, Herika Martinez, —, Donald Trump’s, Biden, Ron DeSantis, Robert Kennedy , Jr, Paul Pelosi, Hillary Clinton, White supremacists, Imran Ahmed, X, CCDH, Donie O’Sullivan Organizations: CNN, Republican, Wall Street, Trump, SpaceX, Tesla, Brookings Institution, Securities and Exchange Commission, Federal Trade Commission, Traffic Safety Administration, Justice Department, Migrants, US Border Patrol, AFP, Getty, Twitter, US, Republican Florida, Politico Locations: Paris, El Paso , Texas, Ciudad Juarez, Chihuahua State, Mexico

☆ Trump, now a convicted felon, insists he's a 'very innocent man' after landmark verdict
▼ + stars: | 2024-05-30 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewFormer President Donald Trump, now a convicted felon, fumed over the verdict in his historic New York hush-money trial on Thursday, insisting that he's "a very innocent man." I'm a very innocent man," said Trump, who added that the "real verdict is going to be November 5 by the people." Trump will appeal the verdict, Susan Necheles, a lawyer for the former president told Business Insider. AdvertisementNearly every day of the five-week trial, Trump publicly criticized the Manhattan district attorney office's case against him as well as Merchan, the presiding judge. Moments after jurors started weighing a verdict, Trump told reporters in the courtroom hallway that the case against him was so "rigged" that not even "Mother Teresa" could get acquitted.

Persons: —, Donald Trump, fumed, Stormy Daniels, Trump, Trump's, Donald Trump Jr, Susan Necheles, Todd Blanche, Juan Merchan, Michael Cohen, Blanche, Cohen, Joshua Steinglass, Merchan, BULL …, Teresa, Daniels Organizations: Service, Business, New, Trump, Prosecutors Locations: New York, Manhattan, American, Tahoe

☆ False right-wing reports about Trump trial jury instructions fuel threats against judge
▼ + stars: | 2024-05-30 | by ( Ryan J. Reilly | ) www.cnbc.com time to read: +4 min

False reports about the jury instructions in former President Donald Trump's hush money trial have been spreading across right-wing media, leading to threats against the judge overseeing the case. Those "unlawful means" aren't charges themselves and would not result in separate convictions, so jurors do not have to unanimously agree on them. The jury instruction was complex and nuanced and some right-wing accounts ran with false reports. On X, after a right-wing influencer asked followers who among them wanted to see Merchan locked up for treason. In August, Trump supporters posted the names and addresses of the Fulton County grand jurors who indicted Trump and 18 of his co-defendants.

Persons: Juan Merchan, Donald Trump's, Stormy Daniels, Donald, Trump, That's, Merchan, influencer, Alice, Wonderland, Rickey Walter Shiffer, Trump's, Joe Biden, General Merrick Garland, Biden Organizations: Republican, Fox News, Federal, System, Democratic Socialist Elites, Fox, Trump, FBI Locations: Manhattan, New York City, U.S, Fulton, Cincinnati

☆ Trump has been convicted — but that may not weigh down his White House bid. Here's why
▼ + stars: | 2024-05-30 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

Recent polls suggest that the guilty verdict could affect how key voting blocs view Trump, the presumptive Republican presidential nominee. Nearly three-fourths of registered independents said that a guilty verdict against Trump would make no difference to their vote, according to the survey from NPR/PBS NewsHour/Marist released Thursday morning. However, 23% of independent registered voters in that poll said a Trump conviction would make them less likely to back him. Most people on either side of the political spectrum have already made up their minds about Trump, the professor explained. Quinnipiac polled 1,374 registered U.S. voters from May 16 to May 20, with a margin of error of 2.6 percentage points.

Persons: Donald Trump, Joe Biden, Trump, Erik Gordon, Biden Organizations: Democratic, Trump, NPR, PBS, Marist, Quinnipiac University, University of Michigan's Ross School of Business, Politico, House, Quinnipiac Locations: American, New York, —

☆ Trump just debuted a new trial spin as the jury deliberates, claiming 'nobody knows what the crime is'
▼ + stars: | 2024-05-30 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +6 min

On its own, the crime of "falsifying business records" in New York is considered a misdemeanor crime. AdvertisementNew York Supreme Court Justice Juan Merchan explained it clearly in his hourlong instructions to the jury on Wednesday morning. "What you're asking me to do is change the law, and I'm not going to do that," Merchan told Trump's legal team. On Truth Social, Trump posted quotes from Fox News host Jesse Watters, falsely claiming "the jury can pick whatever crime they want." "The other thing, the confusion is, nobody knows what the crime is, because there is no crime," Trump told reporters in the hallway outside the courtroom before he left.

Persons: —, Donald Trump's, Stormy Daniels, Trump, Joshua Steinglass, Juan Merchan, Merchan, Justice Juan Merchan, Jane Rosenberg, Emil Bove, I'm, Trump's, Sen, Marco Rubio, Trump —, Jason Miller, Jesse Watters Organizations: Service, Trump, Business, New, Election, Republican, REUTERS, Fox News Locations: New York, Marco Rubio of Florida, Trump

☆ Vivek Ramaswamy is waging an expensive trolling campaign on BuzzFeed
▼ + stars: | 2024-05-29 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

In a letter to BuzzFeed’s board, a copy of which Ramaswamy posted online, the MAGA hardliner and former Republican presidential candidate recommended laying off large swaths of the company’s existing staff. He encouraged BuzzFeed’s board to transform the outlet into a creator-driven platform, suggesting it hire personalities akin to fellow radicals Candace Owens and Tucker Carlson. “Address your audience directly and candidly admit: We failed in our obligation to tell you the truth,” Ramaswamy encouraged BuzzFeed. But it was apparent that he does not view the right-wing entrepreneur’s ideas for the future of BuzzFeed as compelling. “I’m very skeptical it makes business sense to turn BuzzFeed into a creator platform for inflammatory political pundits.

Persons: Vivek Ramaswamy —, —, Ramaswamy, MAGA hardliner, BuzzFeed’s, Candace Owens, Tucker Carlson, BuzzFeed, Donald Trump, ” Ramaswamy, Jonah Peretti, MAGA, ” Jeffrey A Sonnenfeld, “, Vivek, Vivek Ramaswamy, Peretti, ” Peretti, ”, Sonnenfeld Organizations: New York CNN, Republican, “, Yale School of Management, Facebook, Huffington Locations: New York, Covid, BuzzFeed

☆ Can Trump vote in November if he's convicted of a felony in New York?
▼ + stars: | 2024-05-29 | by ( Jane C. Timm | ) www.cnbc.com time to read: +4 min

That means that Florida voters like Trump would lose their voting rights only if the state where they are convicted would disenfranchise them for the crime, too. New York prohibits those serving time behind bars for felony convictions from voting, and voting rights are restored as soon as the individual leaves prison. Those convicted of felonies who do not go to prison never lose their voting rights. In the event of Trump losing his voting rights in Florida, there would also be avenues for him to regain them. Trump could seek clemency to restore his voting rights in Florida, where GOP Gov.

Persons: Donald Trump, Trump, Blair Bowie, wouldn't, Bowie, Michael Cohen, Stormy Daniels, Ron DeSantis —, DeSantis, who's Organizations: U.S, Manhattan Criminal, Trump, Center, GOP Locations: New York City, Manhattan, New York, Florida, . New York, York, Trump's Manhattan, Washington ,

☆ BuzzFeed Clashes With Vivek Ramaswamy
▼ + stars: | 2024-05-28 | by ( Benjamin Mullin | ) www.nytimes.com time to read: 1 min

BuzzFeed’s newest activist investor, the former Republican presidential candidate Vivek Ramaswamy, wants the company to consider moves like hiring the former Fox News host Tucker Carlson and the N.B.A. Jonah Peretti, BuzzFeed’s founder and chief executive, has already rejected some of Mr. Ramaswamy’s requests out of hand, setting up a clash between the two men. Mr. Ramaswamy, an investor who has amassed an 8.3 percent stake in BuzzFeed, sent a letter to the company’s board of directors Monday criticizing its business practices and journalistic efforts. Though he has been steadily buying up stock for months, his intentions for the company didn’t become clear until this week. Before his brief run for president, Mr. Ramaswamy made a fortune in the pharmaceutical business, selling his company’s stake in promising firms to the Japanese conglomerate Sumitomo.

Persons: Vivek Ramaswamy, Tucker Carlson, Charles Barkley, Jonah Peretti, BuzzFeed’s, Ramaswamy’s, Ramaswamy Organizations: Republican, Fox News, Sumitomo Locations: BuzzFeed

☆ Robert De Niro slams 'clown' Trump outside NY criminal trial, as Biden campaign ramps up attacks
▼ + stars: | 2024-05-28 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

"He doesn't belong in my city," De Niro, a native New Yorker, said of Trump during a press conference hosted by President Joe Biden's reelection campaign outside Manhattan Supreme Court. Immediately following the Biden campaign event, Trump campaign spokesman Jason Miller accused Biden of employing a "washed-up actor" to campaign for him in a Hail Mary attempt to reverse Trump's narrow lead in 2024 election polls. The De Niro event marks the first time the Biden campaign has appeared outside Trump's trial, which began more than five weeks ago. As the criminal trial winds down, the president's reelection campaign is planning to crank up its attacks on Trump, NBC News reported Friday. Defense attorney Todd Blanche began Tuesday's closing arguments by declaring, "President Trump is innocent."

Persons: Robert De Niro, Joe Biden, Donald Trump, De Niro, Joe Biden's, —, Trump, Trump's, Harris, Niro, Harry Dunn, Jason Miller, Biden, Mary, Miller, Michael Cohen, Stormy Daniels, Attorney Alvin Bragg, Todd Blanche, Blanche, Joshua Steinglass, Bragg Organizations: Republican, Trump, U.S, Capitol, Biden, U.S . Capitol Police, NBC, Democratic, Manhattan, Attorney Locations: Manhattan, New York City, New Yorker, United States, White

☆ After Libertarians reject RFK Jr., what does success look like for third-party candidates?
▼ + stars: | 2024-05-28 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

But the idea of simply placing Kennedy atop the Libertarian Party ticket to marry his momentum with their organization left Kennedy with an embarrassing loss at the Libertarian Party convention in Washington. About half – 51% – said they would support Trump in a two-way matchup, compared with 37% who said they would pick Biden. The last third-party candidate to win a state and get Electoral Votes was George Wallace, who won Southern states in 1968. The only third-party candidate to outperform a major party candidate was former President Teddy Roosevelt, who outpolled Republicans after he failed to get their nomination in 1912 and then ran as a third-party candidate. But rather than focus on the relatively few people who turn out for a third-party candidate, why not look at the large number of people who don’t take part in elections at all?

Persons: CNN —, Donald Trump, Robert F, Kennedy Jr, Chase Oliver, Kennedy, Trump, Nicole Shanahan, Shanahan, – Kennedy, Biden, CNN’s Harry Enten, –, RFK, Ross Perot, George Wallace, Teddy Roosevelt, Woodrow Wilson, Oliver, Jo Jorgensen, Gary Johnson’s, CNN’s Aaron Pellish, Pellish, Kennedy don’t, Bob Barr, Bill Weld, Gary Johnson, Barr, Weld, Ron Paul, Paul, Jill Stein, Ralph Nader, Al Gore, George W, Karl Rove, Stein, Hillary Clinton, Rove, Libertarian’s Jorgensen, Johnson Organizations: CNN, Republican, Libertarian Party, Trump, Google, Biden, SSRS, Quinnipiac University, RFK Jr, Electoral, Southern, Democrat, Libertarian, Federal Reserve, GOP, Republican Massachusetts gov, Green Party, Street Journal, Democratic, Pew Research Center Locations: Washington, Republican Massachusetts, Florida, Michigan , Pennsylvania, Wisconsin, Arizona , Georgia

☆ Vivek Ramaswamy has a plan for BuzzFeed. There's just one problem.
▼ + stars: | 2024-05-28 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Former Republican presidential candidate Vivek Ramaswamy announced last week he had been buying up shares in BuzzFeed. Which led to the obvious question: Why is Vivek Ramaswamy buying up shares in BuzzFeed? Related storiesHe's laid it out in a letter to BuzzFeed's board, but if you're in a hurry I can summarize it for you: Ramaswamy wants BuzzFeed to pull an Elon Musk. Another option would be for Ramaswamy to play this out a while longer and watch BuzzFeed shares shoot up based on his saber-rattling. BuzzFeed shares closed at $3 today, up 20% from May 22, when Ramaswamy first disclosed his stake.

Persons: Vivek Ramaswamy, Ramaswamy, BuzzFeed —, Elon, Musk, Tucker Carlson, Bill Maher, There's, Jonah Peretti, Peretti, Donald, he's Organizations: Service, Republican, Twitter Locations: BuzzFeed, MAGA

☆ Opinion | Biden Underestimates How Much Black Americans Care About This Issue
▼ + stars: | 2024-05-25 | by ( Jerel Ezell | ) www.nytimes.com time to read: +1 min

Black voters will not only be a driving force in the 2024 elections; they will most likely be the driving force. One way he could do it is by talking to Black America, especially young Black voters, about a sleeper issue: the climate crisis. Democratic strategists seem to see climate change as a key political issue only for white liberal elites and assume that other groups, like Black voters, are either unaware of or apathetic about it. In reality, Black Americans are growing increasingly concerned about climate change. A poll conducted by the Brookings Institution last September showed that climate change is now a greater political concern for Black Americans than abortion or the state of democracy.

Persons: Donald Trump, Biden Organizations: Democratic, Black, CBS News, Brookings Institution Locations: Black America

☆ Billionaire GOP donor Stephen Schwarzman backs Trump in ‘vote for change’
▼ + stars: | 2024-05-25 | by ( Kayla Tausche | ) edition.cnn.com time to read: +2 min

CNN —Billionaire businessman and lifelong Republican Stephen Schwarzman said Friday he will support the candidacy of Donald Trump with a “vote for change” after years of declining to back a particular GOP presidential candidate. For these reasons, I am planning to vote for change and support Donald Trump for President. Ron DeSantis in May 2023 after a meeting with the Republican presidential hopeful left Schwarzman uninspired. Schwarzman supported Trump in the 2016 election and became a trusted adviser once Trump took office. Gray, the billionaire heir apparent to Schwarzman, has hosted fundraisers for President Joe Biden in the 2024 cycle.

Persons: Stephen Schwarzman, Donald Trump, Schwarzman, Blackstone, Ron DeSantis, Trump, ” Schwarzman, Jon Gray, Hillary Clinton, Joe Biden, Gray Organizations: CNN —, Republican, Trump, Republican Party, Florida Gov, Blackstone Locations: America, Charlottesville, Schwarzman

☆ Trump’s Pattern of Sowing Election Doubt Intensifies in 2024
▼ + stars: | 2024-05-24 | by ( Karen Yourish | Charlie Smart | ) www.nytimes.com time to read: +8 min

Trump’s Pattern of Sowing Election Doubt Intensifies in 2024Former President Donald J. Trump has baselessly and publicly cast doubt about the fairness of the 2024 election about once a day, on average, since he announced his candidacy for president, according to an analysis by The New York Times. A line chart shows the number of times Donald J. Trump cast doubt on the fairness or integrity of the election during the 2016, 2020, and 2024 election cycles. Mr. Trump first raised questions about the 2016 election in August of that year, about 100 days before the election. About six weeks before Election Day in 2020, Mr. Trump refused to commit to a peaceful transfer of power. “We want to make sure that the election is honest, and I’m not sure that it can be,” Mr. Trump said.

Persons: Donald J, Trump, Trump’s, —, Long, Biden, “ weaponizing, ”, ” Mr, General Merrick B, we’re, “, TRUMP, “ You’ve, Hillary Clinton, Mr, I’m, ” —, I’ll, it’s Organizations: The New York Times, Trump, Mr, United States Capitol, White, Justice Department, Republican, Democratic, Electoral College, House, Milwaukee Journal Sentinel Locations: Florida, Georgia, Manhattan, Ukraine

☆ Trump and Haley still have not spoken despite public thawing
▼ + stars: | 2024-05-24 | by ( Steve Contorno | Kristen Holmes | ) edition.cnn.com time to read: +3 min

CNN —Despite the public thawing in their rivalry this week, Donald Trump and Nikki Haley still have yet to speak, two sources close to the former president told CNN, continuing a stalemate that has lasted since their race ended. One source familiar with the former president’s thinking told CNN that “their relationship remains chilled” in the aftermath of their hard-fought race. Trump all but squashed that idea on Truth Social, posting, “Nikki Haley is not under consideration for the V.P. slot, but I wish her well!”Haley emerged from the 2024 Republican primary as the former president’s last-standing opponent. “When you lose the battle or the war, you generally have to make the outreach, and that’s just the nature of the campaign business,” a Trump adviser previously told CNN.

Persons: Donald Trump, Nikki Haley, Haley, Trump “, Joe Biden “, ”, Trump, Haley’s, “, ” Trump, News12, Ralph Norman, “ Nikki Haley, ” Haley, that’s Organizations: CNN, Republican, South, Trump —, Trump, United Nations, South Carolina Rep Locations: Washington , DC, South Carolina, Bronx, Charleston, Pennsylvania

☆ Truth Social struggles to grow its U.S. user base, new data on Trump Media app shows
▼ + stars: | 2024-05-24 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +6 min

But the new analyses could be warning signs for Trump Media, whose business depends in large part on growing its user base. Truth Social users were down 19.7% year over year, according to Similarweb. Truth Social users on average check the site fewer than two days a week — falling behind apps like Facebook, X, TikTok, Reddit and Pinterest. Truth Social users also clock fewer minutes of engagement on the platform that do the users of other social media networks. "Compared to other social media platforms, Truth Social users are accessing the app much less frequently and are spending much less time on it per session," the firm's CEO, Dr. Paul Carter, told CNBC in an email.

Persons: Dado Ruvic, Donald Trump's, —, Similarweb, Trump, Similarweb's, David Carr, Carr, Michael M, Paul Carter, Carter, Donald Trump, Jim Watson Organizations: Reuters, Social, Trump Media, White, Trump, CNBC, Securities and Exchange Commission, SEC, Nasdaq, Trump Media & Technology Group, Santiago, Getty, Truth, Facebook, Republican, AFP Locations: U.S, Similarweb, New York City, South Bronx

☆ Haley will vote for the Trump ‘chaos’ that she once decried
▼ + stars: | 2024-05-23 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Before losing her home state’s primary to Trump earlier this year, Haley lashed out at Republicans who backed Trump despite privately despairing over him. They’re just too afraid to say it out loud.”Now Haley is saying out loud she’s voting for Trump. Haley seeks to preserve her futureThere is every sign that Haley wants to run again for president once Trump finally leaves the stage. Trump has made no effort to appeal to Haley voters during the march to the nomination despite his dire need to court suburban voters. “Rightly or wrongly, chaos follows (Trump),” Haley complained at almost every event.

Persons: Nikki Haley, Donald Trump, ”, couldn’t, Joe Biden, “, ” Haley, Haley, Trump, Biden, —, They’re, Ted Cruz, CNN’s Kaitlan Collins, I’m, Cruz, There’s, Liz Cheney, repudiating, John Bolton, ” Bolton, CNN’s Wolf, Haley –, Ron DeSantis, “ There’s, they’d, Ronald Reagan’s, Bush, Vladimir Putin, Kim Jong Un, “ Trump, CNN’s Jake Tapper, Tapper, Putin Organizations: CNN, South, Trump, United Nations, president’s, Harvard Law School, Democrats, Wyoming, GOP, Vermont, Florida Gov, Republicans, Hudson Institute, Republican, freeloading, NATO, Hampshire Locations: South Carolina, Texas, Washington, Florida, Iowa, Georgia, New Hampshire, Russian, North Korean, Europe, Asia, United States, Columbia , South Carolina

The Haley rationale for backing TrumpAfter months of speculation, Nikki Haley said — in her first appearance since dropping out of the Republican presidential primary — that she would vote for Donald Trump, the man against whom she waged a sometimes scathing campaign. But it may provide cover to prominent donors like Ken Griffin who in recent weeks has suggested that he might come in from the cold and donate to Trump. Deep-pocketed Republicans flocked to Haley during the primary. “I think she is just what we need right now,” Langone said on Fox News. “What Trump put this country through the last three months of his presidency was disgraceful.”But donors are rethinking their aversion to Trump, who handily beat Haley and other rivals and is now leading President Biden in some polls.

Persons: Haley, Nikki Haley, —, Donald Trump, Ken Griffin, Griffin, Paul Singer, Henry Kravis, Barry Sternlicht, Cliff Asness, Stanley Druckenmiller, Ken Langone, Reid Hoffman, wasn’t Trump, Nikki, ” Sternlicht, ” Langone, Trump, Biden, White, Israel Organizations: Trump, Republican, PAC, Elliott Management, KKR, Starwood Capital, AQR Capital Management, Democratic, LinkedIn, Times, Fox News Locations: Gaza

☆ Nikki Haley: Biden campaign official meets with her supporters hours after she said she’d vote for Trump
▼ + stars: | 2024-05-23 | by ( Kit Maher | ) edition.cnn.com time to read: +3 min

CNN —A Biden campaign official met Wednesday night with Nikki Haley supporters from across several states in a pre-scheduled Zoom call hours after the former Republican presidential candidate said she would be voting for Donald Trump, two sources familiar with the call told CNN. The meeting was part of an ongoing effort by the Biden campaign to reach out to Haley voters. It was organized by the Haley Voters Working Group. “A lot of these people in this group are big supporters of Nikki Haley and want to support her in 2028,” he said. On the call Wednesday, the Haley voters raised some of their pressing policy concerns with Peñalosa, including the southern border, Ukraine and Israel.

Persons: CNN —, Nikki Haley, Donald Trump, Biden, Haley, Conservative Haley, Nikki, Juan Peñalosa, Joe Biden’s, Peñalosa, Trump, “ Trump, ” Haley, Robert Schwartz, ”, “, Harris, ” “, Schwartz, CNN’s Phil Mattingly Organizations: CNN, Biden, Republican, Haley, Group, Conservative, North Carolina, Hudson Institute, South, Trump, Haley Voters, Team Biden, Republicans Locations: Virginia , Massachusetts , Vermont , California, Florida, Georgia, Arizona, North, Washington, South Carolina, Ukraine, Israel, Mexico

☆ Trump holds campaign rally in the Bronx as he seeks to make inroads with Hispanic and Black voters
▼ + stars: | 2024-05-23 | by ( Kate Sullivan | ) edition.cnn.com time to read: +4 min

CNN —Former President Donald Trump is scheduled to hold a rally Thursday in the Bronx as his campaign looks to make inroads with Hispanic and Black voters ahead of November’s election. A Trump campaign official told CNN that several factors, including the former president’s long history of living and working in New York and his efforts to win over minority voters, played into the decision to hold the Bronx rally. The Bronx is a Democratic stronghold, which Trump lost by about 68 points to Joe Biden in 2020. Residents in the South Bronx, where Trump’s rally is taking place, are mainly Hispanic (64%) and Black (31%), according to the US Census Bureau. Several House Republicans from New York said they could no longer make it to Trump’s event due to changes in the chamber’s voting schedule Thursday.

Persons: Donald Trump, Trump, Joe Biden, Hillary Clinton, “, Elise Stefanik, ”, Barack Obama, Janiyah Thomas, Alexandria Ocasio, Cortez, Ritchie Torres, Torres, CNN’s Kit Maher Organizations: CNN, Trump, New York, Republican, Democratic, Residents, Census Bureau, Republicans, Biden, Americans, African, gaslight, NY1, The New York Times Locations: Bronx, Trump’s New York, New York, Crotona Park, South Bronx, Manhattan, New, “ New York, Central Park, Charlottesville , Virginia, Cortez, Crotona

☆ BuzzFeed stock soars after Vivek Ramaswamy acquires activist stake
▼ + stars: | 2024-05-22 | by ( Krystal Hur | ) edition.cnn.com time to read: +1 min

New York CNN —BuzzFeed’s stock is soaring after former Republican presidential candidate Vivek Ramasamy revealed that he’s taken an activist stake in the beleaguered media company in a bid to adjust the firm’s strategy. Shares of BuzzFeed gained about 20% on Wednesday after a securities filing revealed that Ramaswamy has acquired a 7.7% stake in the company. Ramaswamy “believes the securities of the Issuer are undervalued and represent an attractive investment opportunity,” the filing. BuzzFeed’s portfolio of brands includes HuffPost, Tasty and the First We Feast brand that houses its “Hot Ones” YouTube series. Last year, BuzzFeed shuttered its Pulitzer Prize-winning digital news site as part of a broader move to slash the company’s headcount by 15%.

Persons: Vivek Ramasamy, he’s, Ramaswamy, ” Ramaswamy, Tricia McLaughlin, BuzzFeed, Ramaswamy “ Organizations: New, New York CNN, Republican, BuzzFeed, CNN, Networks Locations: New York

☆ Nikki Haley says she’s voting for Trump in November
▼ + stars: | 2024-05-22 | by ( Eric Bradner | Jeff Zeleny | ) edition.cnn.com time to read: +7 min

Nikki Haley plans to vote for Donald Trump, she said Wednesday in her first public remarks since exiting the Republican presidential primary more than two months ago. Earlier this year, Haley and Trump were engaged in what had become a bitter primary feud. Yet even in her absence, she’s been winning votes in one Republican primary after another. And I made that pitch to President Trump and also to Nikki Haley.”Norman said that while Haley has not expressed interest in joining Trump’s ticket, he believes she would be interested. As other former Republican contenders have fallen in line behind Trump, Haley has intentionally kept her distance – not hostile, but also not hungry for his adulation.

Persons: Nikki Haley, Donald Trump, Haley, Trump “, Joe Biden “, ”, Haley’s, Walter P, Stern, “, “ Trump, ” Haley, Trump, Biden, MAGA, he’s, Haley didn’t, “ Biden, Mike Johnson, Michael, she’s, Michael Tyler, Biden’s, Ralph Norman of, ” Norman, Haley “, ” Haley’s, CNN’s Kit Maher Organizations: CNN, Former South Carolina Gov, Republican, Trump, United Nations, Hudson Institute, GOP, Committee, Institute, Hamas, South, Democratic Locations: Washington , DC, United States, Ukraine, Israel, South Carolina, Philadelphia, Chester, Montgomery, Indiana, ’, Ralph Norman of South Carolina, Trump’s, –, America

☆ 4 totally unverified theories about Vivek Ramaswamy and BuzzFeed
▼ + stars: | 2024-05-22 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

Vivek Ramaswamy ran a failed campaign for the Republican presidential nomination. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhy is Vivek Ramaswamy buying up shares of BuzzFeed? Let's start by stating the obvious: It is very funny to type the sentence "Why is Vivek Ramaswamy buying up shares of BuzzFeed?" Ramaswamy, as you may recall, was a fringe candidate in the most recent Republican presidential primary, where his platform consisted of praising Donald Trump and promising to "Take America First further than Trump."

Persons: Vivek Ramaswamy, What's, —, Ramaswamy, Donald Trump Organizations: Republican, Service, Trump Locations: Iowa

☆ Vivek Ramaswamy goes activist with Buzzfeed stake, seeks strategic 'shift'
▼ + stars: | 2024-05-22 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Former GOP presidential hopeful Vivek Ramaswamy has an 8% stake in BuzzFeed and is seeking to effect a "shift" in the media firm's strategy, the investor said Tuesday in a filing. "Stay tuned," Ramaswamy told CNBC via a spokesperson. Companies should "do whatever allows them to be most successful over the long run without regard to political, social, cultural or environmental agendas," Ramaswamy told CNBC in a 2023 interview. Ramaswamy has remained close to the Mar-a-Lago circuit after throwing his support behind former President and presumptive GOP nominee Donald Trump. It's unlikely, however, that he will be Trump's vice-presidential pick, given that several GOP operatives and donors have expressed deep opposition.

Persons: Donald Trump, Vivek Ramaswamy, Ramaswamy, BuzzFeed, Jonah Peretti, Buzzfeed, — CNBC's Alex Sherman, Brian Schwartz Organizations: U.S, Republican, Trump, New, GOP, CNBC, Management, Roivant Sciences, Inc Locations: New Hampshire, Laconia , New Hampshire, U.S, BuzzFeed

☆ Trump allied Republicans are changing the GOP's approach to labor, free markets and regulation
▼ + stars: | 2024-05-21 | by ( Eamon Javers | ) www.cnbc.com time to read: +9 min

WASHINGTON — The first Trump presidency shattered conservative economic ideology on the Republican Party's approach to free markets and tariffs. Source: AmericanCompass.org To be clear, this is not yet the dominant strain of Republican economic thinking in Washington. Cass argues that Republican economic policy has been focused on the wrong goals: lowering prices and increasing consumption. "It was absolutely black letter economic doctrine that the point of economic policy was to consume as much as possible. watch now"Spinning assets in circles creates nothing of value, and in fact creates the opposite of value," Cass said.

Persons: Donald Trump, Brendan Mcdermid, Eamon Javers, WASHINGTON —, Trump, Trump's, Sohrab Ahmari, Ahmari, elitists, Bud Light, Oren Cass, Cass, Michael Wayland, CNBC Cass, –, Biden, Pennsylvania Republican Sen, Pat Toomey Organizations: Reuters, WASHINGTON, Trump, Republican, GOP, Wall Street, Amazon, Starbucks, U.S . Chamber of Commerce, Block, Development Bank, Environmental, American, Bronco, Ford's, Ford's Michigan Assembly, CNBC, Wall, Pennsylvania Republican Locations: Freeland , Michigan, U.S, America, Washington, China, Block, Ford's Michigan, Cass, Pennsylvania

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