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Breaking Into the Olympics Breaking, sport climbing and skateboarding may seem untraditional, but they embody the true spirit of the games. >> Top: Sunny Choi, who will compete in breaking, quit her corporate job to focus on the Games. Bottom: Victor Montalvo’s signature breaking moves include the back flip into flare and the Super Montalvo. Here in 2024, the Games have added multiple new events, including breaking — popularly known as break dancing — and kayak cross. >> Sport climbing is broken into three formats: speed; bouldering (shorter climbs); and lead, which requires ropes and harnesses.
Persons: you’re, Kronos, Sunny Choi, Victor Montalvo’s, Super Montalvo, , , Stephen Miller, Kroton, Colin Duffy, let’s, Paige Heyn Organizations: Olympic, Super, Wrestling, Boxing Locations: England, North America, Madagascar, Greece, , Athens
Chipotle Mexican Grill has built its fast-casual burrito dominance largely on consistency and size. Amid a storm of customer complaints on social media, accusing the chain of serving smaller portions in their burritos and burrito bowls, Chipotle’s chief executive, Brian Niccol, firmly denied that the company’s portion policies had changed. “First, there was never a directive to provide less to our customers,” he said during an earnings call Wednesday. “Generous portion is a core brand equity of Chipotle. It always has been, and it always will be.”Still, Mr. Niccol said the complaints had led him to re-examine Chipotle’s practices across its operation.
Persons: Brian Niccol, , Niccol
This week, the world will tune in to watch what is being billed as the most sustainable Olympic Games in history, a goal the organizers of the Paris Games aim to reach in part by refurbishing buildings instead of constructing new ones. More than 90 percent of the venues that will be used for the Paris Games are temporary or already existed, though many of the buildings are old — including one used in the 1924 Olympics — and needed to be upgraded. For decades, the International Olympic Committee has been stung by images of Olympic venues in disrepair years after the Games end. The soaring cost of putting on the games and the white elephants left in their wake had scared away potential bidders. hopes that its ambitions for more sustainable Olympic facilities will lure other potential bidders.
Organizations: Games, Paris Games, International Olympic
More than 500 workers in the team behind World of Warcraft, one of the most popular video games in the world, have voted to unionize, the Communication Workers of America said on Wednesday. The move expands the ranks of organized labor at Microsoft, which acquired the video game giant Activision Blizzard — whose subsidiary Blizzard Entertainment produces World of Warcraft — for $69 billion last year. To satisfy the regulators overseeing the mega-acquisition, Microsoft promised to remain neutral on unionizing efforts, an unusually permissive policy in the tech industry. An arbitrator determined on Wednesday that a majority of the World of Warcraft workers, including designers, engineers, artists and quality testers, supported the C.W.A., the union said in a statement. Blizzard Entertainment recognized the union, increasing the number of unionized game workers at Microsoft to more than 1,750, the C.W.A.
Organizations: Communication Workers of America, Microsoft, Activision, Blizzard Entertainment
He told CNN he wasn’t notified of the minors program embargo. The couple flew to Atlanta, Georgia, from Spokane, Washington, on a Delta flight and encountered no issues, they told CNN. Travelers wait for their luggage at the Delta baggage claim at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Tuesday, July 23, 2024. “There should be some kind of compensation for this.”He told CNN the issues have cost him a significant amount of money. Bastian also told Delta passengers in a note on Sunday that the airline would “continue to offer meal vouchers, hotel accommodations and transportation where available.
Persons: CNN —, “ Delta, , Reed, wasn’t, Delta, He’s, Pete Buttigieg, Jeremy, Kaylee Jones, Lucia, ” Jones, Ed Bastian, Christian Monterrosa, Dylan Steele, Steele, , Arthur Ginolfi, I’ve, Ginolfi, Bastian, we’re Organizations: CNN, Delta, , LaGuardia, Delta Air Lines, Atlanta’s Hartsfield, Jackson International Airport, Hartsfield, Jackson Atlanta International, Bloomberg, Getty, Jackson Airport, Delta Airlines Locations: Delta, Atlanta, Charlotte, New, Orlando, New York, Florida, St, Atlanta , Georgia, Spokane , Washington, Delta’s, South Georgia, Washington, Jackson, Philadelphia, New Jersey
OpenAI on Thursday announced a prototype of its own search engine, called SearchGPT, which aims to give users "fast and timely answers with clear and relevant sources." Since the launch of ChatGPT in November 2022, Alphabet investors have been concerned that OpenAI could take market share from Google in search by giving consumers new ways to seek information online. Alphabet shares were trading about 2.5% lower on Thursday, while the Nasdaq was up slightly. The SearchGPT announcement follows OpenAI's launch last Thursday of a new AI model, "GPT-4o mini." Last year, OpenAI Chief Operating Officer Brad Lightcap told CNBC: "The world is multimodal.
Persons: Sundar Pichai, OpenAI, Siri, Sarah Friar, Kevin Weil, Brad Lightcap Organizations: ChatGPT, Google, Nasdaq, Microsoft, Apple, Planet Labs, Twitter, Facebook, CNBC
When the white Gen X child turned 27 in 2005, they could expect to make more than $34,000. But Mr. Cain did have a strong community — which he said taught him entrepreneurship and showed him he could dream big. Mr. Cain, 35, got a two-year degree in business management and first worked as a bank teller and financial adviser. At the same time, white millennials born to poor parents had a harder time than their white Gen X counterparts. Unlike Mr. Cain, Mr. Brown did not have a strong sense of community, as he bounced between his mother, his father and his grandparents.
Persons: Lawrence Cain Jr, Cain, , Asa Featherstone, Black, Derek Brown, Brown, He’s, , It’s, ” Mr, Raj Chetty, Stefanie A, DeLuca, David B, Ralph Richard Banks, wasn’t, Benjamin Goldman, Cain’s Organizations: Abundance University, Business, Harvard, The New York Times, General Electric, Richer, Johns Hopkins University, Stanford, People, Black, White, Conservatives, Local, Bank of America Locations: Cincinnati, Northside, America, United States, American, China, India, Charlotte, N.C
Read previewBudget airlines are upending many of their original business plans as increased costs wreak havoc on their bottom lines. On Thursday, Southwest Airlines announced the end of its open seating policy, a 50-year practice of letting passengers choose their seats based on their boarding order instead of having one pre-assigned. Budget flying has been moving in this direction for yearsThe industry's sea change has left budget carriers scrambling to increase revenue without turning away customers, prompting major policy changes. Other budget airlines have been similarly evolving their business models in recent years. Frontier Airlines and Spirit Airlines, for example, ditched most cancellation and change fees for ticket holders.
Persons: , Savanthi, Raymond James, Henry Harteveldt, Scott Kirby, Bob Jordan, Jordan, I'm Organizations: Service, Southwest Airlines, Business, Frontier Airlines, Spirit Airlines, JetBlue, Spirit, United Airlines, CNBC Locations: Southwest
Senate prepares for key vote on kid's online safety bills
  + stars: | 2024-07-25 | by ( Emily Wilkins | ) www.cnbc.com   time to read: +3 min
The Senate is poised to take a key vote on major legislation to keep kids safe online Thursday- the most sweeping regulation of the tech industry in more than a decade. said the measures social media companies have put in place are "not sufficient." One, known as the Children and Teens' Online Privacy Protection Act, would ban targeted ads to kids and teens. Social media companies would have to automatically enable the strongest privacy setting for kids. But House Speaker Mike Johnson said in an interview that Americans need to have more power over what their kids see online.
Persons: Charles Schumer, Joe Biden, Sen, Edward Markey, they're, NetChoice, Carl Szabo, Mike Johnson Organizations: U.S, Capitol, Senate, CNBC, FTC, Social, Snap Inc, Microsoft, Meta, Google, Yahoo
U.S. Vice President and Democratic presidential candidate Kamala Harris arrives to boards Air Force Two at Joint Base Andrews in Maryland, U.S. on July 24, 2024. Vice President Kamala Harris' allies on Wall Street huddled on a private Zoom call Wednesday to strategize how to defeat former President Donald Trump, according to people familiar with the matter. The call featured dozens of major financiers backing Harris, and lasted over an hour. Those who spoke to CNBC did so anonymously in order to speak freely about private matters. "We need to raise a ton of money," said someone on the call, describing the first portion of the conversation.
Persons: Kamala Harris, Donald Trump, Harris, Marc Lasry, Blair Effron, Ray McGuire, Robert Rubin, Tony Coles, Paul, Weiss, Brad Karp, Robert Wolf, Brian Mathis, Jon Henes, Joe Biden, Rufus Gifford Organizations: Democratic, Air Force, Joint Base Andrews, Avenue Capital, Centerview Partners, Lazard, C, Advisory, CNBC Locations: Maryland, U.S
Children walking near stagnant wastewater on their way to a food distribution point in Deir al Balah, in central Gaza, last week. The large number of people treated for war injuries — almost 90,000, Gaza’s health ministry says — and the surge in illness have overwhelmed Gaza’s diminished medical system. The Israeli military has launched two operations at Gaza’s largest hospital, Al-Shifa, fighting deadly battles with militants there. Before the war, Gaza’s health care system was “reasonably well functional,” said Dr. Rik Peeperkorn, the W.H.O.’s representative to Gaza and the West Bank. Now, fewer than half of its facilities remain even partly operational, he said, and its health care work force is severely depleted.
Persons: Sally Thabet, Deir al, “ Amoon, , Israel, Tedros Adhanom Ghebreyesus, poliovirus, Dr, Hanan Balkhy, , Balkhy, Rik Peeperkorn, Organizations: World Health Organization, Hamas, The New York Times, West Bank Locations: Deir al Balah, Gaza, Gaza City, Deir, Kandi, Gaza’s, Al, Israel
Recent polling suggests nearly 9 in 10 Americans believe Mr. Biden’s decision to step aside was the right one. 65 called Mr. Biden’s withdrawal a coup or said it amounted to election interference. These statements have tended to argue that Mr. Biden’s decision to end his candidacy was not his own, was not democratic or both. Some of this language began to bubble up among Republicans even before Mr. Biden announced that he would drop out. One common line of attack, positing that Ms. Harris failed as a “border czar,” is misleading.
Persons: , Joe Biden, , Harris, Kamala Harris, Biden’s, Harris’s, Biden, Mr, Biden —, , ’ Thomas Massie, Trump, ’ Mark Alford, Josh Hawley, Donald J, Chris LaCivita, Trump’s, , I’m, Biden Harris, he’s, ’ Eric Schmitt, Roger Marshall Senator, Kan, Kat, ‘ Kamala Harris, ’ Ron DeSantis, ’ Jack Bergman, ’ Mike Johnson, ‘ Where’s Biden, Nancy Mace, S.C, ’ Markwayne Mullin, Okla, ’ Lauren Boebert, ” Harris, Greg Abbott Governor, ’ Elise Stefanik, Cackling Kamala, ’ Warren, ‘ Fran, ’ Mike DeWine, ’ Lindsey Graham, ’ Lisa Murkowski Organizations: Left, New York Times, White, The Times, ’ Thomas Massie Representative, Republican, Convention, Biden, Kat Cammack, Fla, House, Democrats, Colo, Far Left Democrats ’, ’ Warren Davidson Representative Locations: Delaware, Covid, Ky, Mo, Fla, Washington, Greg Abbott Governor , Texas, Ohio, Alaska
The 2024 men’s Olympic basketball tournament at the Paris Games is overflowing with star power — and not just from Team USA. Even South Sudan, the lowest-ranked team in the tournament, proved its mettle by nearly upsetting Team USA in a tune-up matchup last weekend. White was a member of the 2019 FIBA World Cup team, while Edwards and Haliburton made their debuts at the 2023 FIBA World Cup. Twenty-seven of the 30 NBA teams will have at least one player participating in this tournament. Can Team USA do it again in 2024?
Persons: Seth, Giannis Antetokounmpo’s, LeBron James, Stephen Curry, Nikola Jokić, Team USA’s, Pierre Mauroy, It’s, James, Joel Embiid, Joel, Grant Hill, Curry, Embiid, Kevin Durant, Anthony Davis, Jayson Tatum, Kawhi Leonard, Anthony Edwards, Devin Booker, Bam Adebayo, Tyrese Haliburton, Leonard, Boston Celtics ’ Derrick White, Durant, Haliburton, Tatum, Holiday, Booker, Adebayo, Embiid Curry, Tatum James, Edwards Booker, Edwards, Davis, Jordi Fernandez, Shai Gilgeous, Alexander, he’s, Jamal Murray, Dillon Brooks, RJ Barrett, Zach Edey, Dwight Powell, Kelly Olynyk, Victor Wembanyama, Wembanyama, Rudy Gobert, Bogdan Bogdanović, They’ll, Dennis Schröder, Franz Wagner, Antetokounmpo, Patty Mills, Joe Ingles, Matthew Dellavedova, Josh Giddey, Josh Green, Dyson Daniels, — Rudy Fernández, Willy Hernangomez, Santi Aldama, we’re, Bruno Caboclo, ESPN’s Fran Fraschilla, Jose Alvarado —, Rui Hachimura, Luol Deng, Dante Exum, Jock Landale, Duop, Gui Santos, Luguentz Dort, Andrew Nembhard, Nickeil Alexander, Walker, Trey Lyles, Evan Fournier, Nicolas Batum, Bilal Coulibaly, Mo Wagner, Daniel Theis, Giannis Antetokounmpo, Jose Alvarado, Nikola Jović, Vasilije Micić, JT Thor, Usman Garuba, , We’ll, Giuseppe Cacace Organizations: Paris Games, Paris, Team USA, Luka Dončić’s, France, Germany, USA, Australia, CNBC, Team, Serbia, Pierre, Bercy Arena, NBA, NBC, South, Telemundo, Universo, The Philadelphia 76ers, U.S, USA Basketball, Tyrese, Boston Celtics, Embiid, BetMGM, Brooklyn Nets, Jordi Fernandez . Oklahoma City Thunder, Denver Nuggets, Houston Rockets, Toronto Raptors, Grizzlies, San Antonio Spurs, Minnesota Timberwolves, Atlanta Hawks, FIBA, Veteran NBA, Orlando Magic, Bahamas, New Orleans Pelicans, Los Angeles Lakers, Cleveland Cavaliers, Utah Jazz, New York Knicks, Timberwolves, Blazers, Mavericks, Spurs, Pistons, Tominaga, Pelicans, Olympic Locations: Giannis Antetokounmpo’s Greece, Luka Dončić’s Slovenia, London, Abu Dhabi, U.S, Canada, Serbia, South Sudan, Spain, Lille, France, Paris, Australia, Spain Germany, Japan France, Brazil Greece, Sudan, Puerto Rico Serbia, Greece Canada, Australia Japan, France Brazil, Germany, Puerto Rico, Serbia USA, Japan, Brazil Australia, Spain France, USA Serbia, USA, Greece, Brazil, Cameroon, Edwards, Tokyo, Haliburton, Holiday, Jordi Fernandez ., Nigeria, Valencia, ” Puerto Rico, Tremont Waters, . Puerto Rico
The 63-year-old is the president and CEO of Washington D.C.-based construction firm McKissack & McKissack, which she started with $1,000 of her own savings in 1990. It now brings in more than $25 million per year, according to documents reviewed by CNBC Make It. McKissack credits at least some of that growth to ditching her most toxic habit as a boss: having a short temper. It's a common habit — 52% of professionals say they've lost their temper on the job, according to a 2018 survey from staffing company Accountemps. The coach suggested something simple: Start every meeting with a question, instead of diving right in.
Persons: Deryl, they've, You've, McKissack didn't, McKissack Organizations: Washington D.C, CNBC
Former President Donald J. Trump on Wednesday blasted Vice President Kamala Harris as radically liberal and blamed her for what he called the Biden administration’s “disastrous” policies, repurposing attacks he had long leveled at President Biden now that Ms. Harris is poised to be his opponent in November. Speaking in Charlotte, N.C., at his first campaign rally since President Biden dropped out of the race and Ms. Harris cleared the field of potential Democratic rivals, Mr. Trump called Ms. Harris “the ultraliberal driving force behind every single Biden catastrophe.”Mr. Trump repeatedly mispronounced Ms. Harris’s name, called her a “radical-left lunatic” and tagged her with the nickname “Lyin’ Kamala.” He denounced her for casting a tiebreaking vote on legislation that he said had caused inflation and said she had embarrassed herself by trying and failing to deter Russia from invading Ukraine.
Persons: Donald J, Trump, Kamala Harris, , Biden, Harris, Mr, , Lyin ’ Kamala Organizations: Wednesday, Biden Locations: Charlotte, N.C, Russia, Ukraine
Dollar firms as commodities slide and carry unwinds
  + stars: | 2024-07-24 | by ( ) www.cnbc.com   time to read: +3 min
Purchasing managers' index figures will be particularly watched in Europe later in the session to see whether they support bets on two European rate cuts by the end of January. The euro held at $1.0848 in Asia trade and sterling , which could rally if PMIs in Britain surprise to the upside and reduce bets on rate cuts, bought $1.2901. Moves in other pairs were even larger, with the euro dropping 1.3% on the yen overnight and hitting a five-week low of 168.79 yen in Asia. Mexico's high-yielding peso dropped 2% on the yen overnight and the Australian dollar is down almost 6% on the yen in two weeks. The Canadian dollar made a six-week low of C$1.3787 per dollar ahead of a central bank meeting later on Wednesday where markets have priced an 84% chance of a 25 basis point rate cut.
Persons: Jason Wong Organizations: Bank of Japan, U.S ., New Zealand Locations: Europe, Asia, Britain, Japan, Wellington, New Zealand, Australia
He won gold at the 2023 Pan American Games in Santiago, Chile, to qualify for the Paris Olympics. Judo — Maria LabordeLaborde, 33, is the highest-ranked U.S. judoka qualified for the Paris Games — at No. He won gold at the 2023 Pan American Games and qualified in speed climbing for the Paris Games, his first Olympics. Carissa Moore participates in a training session ahead of the Paris Olympics this week in Teahupo’o, French Polynesia. Knibb obtained quotas in both triathlon and road cycling for the Paris Games, which will make her a rare multi-sport Olympian.
Persons: Simone Biles, Katie Ledecky, LeBron James, Barry, Kareem Maddox, Dylan Travis, Dearica Hamby, Rhyne Howard, Cierra Burdick, Hailey Van Lith, Casey Kaufhold, Kaufhold, she’s, Luann Ryon, Dean Alberga, Anita Alvarez Alvarez, Alvarez, Andrea Fuentes, Fuentes, Beiwen Zhang Zhang, She’s, Zhang, Kelly Cheng Cheng, nee Claes, Sarah Sponcil, Cheng, Sara Hughes, They’re, Brazil’s Ana Patricia Silva Ramos, Eduarda “ Duda ” Santos, United States ’ Taryn Kloth, Kristen Nuss, Jahmal Harvey Harvey, USA’s, Harvey, — Victor Montalvo Montalvo, Montalvo, Boy Victor, , Paris Victor Montalvo, He’ll, Kenzo Tribouillard, — Nevin Harrison Harrison, Casey Eichfeld, Jennifer Valente Valente, Valente, Andrew Capobianco Capobianco, Michael Hixon, Capobianco, Carson Tyler, Mike Ruiz, Delaney Schnell, Jessica Parratto, — McLain Ward Ward, Ward, Sapphire, — Lee Kiefer Kiefer, Gerek Meinhardt, Lee Kiefer, Matthias Hangst, Amanda Golini, Ashley Hoffman, Golini, Hoffman, — Maria Laborde Laborde, Laborde, Jess Davis Davis, Meghan Musnicki, Lisa Schlenker’s, Musnicki, Kevon Williams Williams, Williams —, Houston —, Kevon Williams, Yong Teck Lim, Daniela Moroz Moroz, Moroz —, , — Vincent Hancock Hancock, he’s, Al Oerter, Carl Lewis, Michael Phelps, TeamUSA.com, Jagger Eaton Eaton, Tom Schaar, Eaton, Sam Watson Watson, Carissa Moore Moore, Moore, Carissa Moore, Jerome Brouilett, Lily Zhang It’s, China, — CJ Nickolas Nickolas, Jessica Stevens, — Taylor Knibb Knibb, Knibb, — Jordan Larson Larson, Toru Hanai, Maggie Steffens Steffens, Steffens, Flav, Olivia Reeves Reeves, Reeves, — Aaron Brooks, Brooks, David Taylor, Spencer Lee, Lee, Iran’s Hassan Yazdani, Aaron Brooks, Fabrice Coffrini Organizations: Paris Olympics, Olympic, Paris Games, BYU, Games, Tokyo Games, Getty, Badminton, USA, USC, Trojans, Eduarda “ Duda ” Santos Lisboa, United, U.S, Pan American, USA Boxing, Red Bull, Paris, Madison, U.S . Olympic, Tokyo, Athens Games, Beijing, University of Kentucky, FIH, Team USA, Pan American Games, NBC Sports, Rio, Rugby, rugby, Olympics, Fiji, New Zealand, HSBC SVNS Singapore, USA.com, Los Angeles Games, X, , Tokyo Olympics, Nebraska, Sydney Games, Beijing Games, Brazil, Team USA’s Locations: Paris, Tokyo, U.S, women’s recurve, Berlin, Russia, Ukraine, Budapest, Barcelona, China, Indonesia, Mexico, United States, Santiago , Chile, Belgrade, Serbia, Florida, AFP, Rio, Japan, Athens, Ranchi, India, Germany, Lima , Peru, Cuba, London, Houston, Wujiang, Hawaii, Teahupo’o, French Polynesia, Beijing, Penn
AdvertisementSpeed and ease — that's how generative AI is changing the game for finance professionals. In a survey of 780 banking and capital-markets employees by Accenture Research, 62% of respondents expect generative AI to increase people's stress and burnout. "Employees with AI skills will replace people without AI skills," Andrew Chin, the chief AI officer at the $759 billion money manager AllianceBernstein, told BI. AdvertisementA data scientist at a midsize hedge fund told BI that generative AI models are a "superpower for coders." The firm's ultimate aim is to use generative AI to replicate the success of its best bankers for all advisors.
Persons: Christina Melas, Rowe Price's Sébastien, Eric Burl, Alyssa Powell, Thomas H, Lee, Keri Smith, Smith, Ken Griffin, They've, Goldman Sachs, Marco Argenti, Argenti, It's, I've, drudge, Andrew Chin, AllianceBernstein, Lisa Donahue, Donahue, Jobs, who's, He's, he'd, ChatGPT, Accenture's Smith Organizations: Bain Capital Ventures, Management, Business, Bain Capital, Man Group, Accenture Research, Finance, Wall Street, Blackstone, Sigma, Citadel, Milken Institute Global Conference, Excel, Accenture, Northern Trust, Citibank, Citi, JPMorgan Locations: New York City, New York
Read previewDietitian Nichola Ludlam-Raine helps people cut down on ultra-processed foods while still enjoying their lives. AdvertisementIn her new book, "How Not to Eat Ultra-Processed," published in the UK and Germany on July 18, Ludlam-Raine offers a selection of recipes to help people achieve that. It's a deli­cious one-pan option for a weekend brunch, nutritious lunch, or supper when you have the time to cook," Ludlam-Raine said. Add the onion and pepper to the pan and cook for about 10 to 12 minutes, stirring often, until the vegetables start to soften. I have included various suggestions for toppings to help make it family-friendly (not everyone likes chile) and to encourage diversity.
Persons: , Ludlam, Raine, Raine —, Joe Woodhouse, Cook Organizations: Service, Business, Ludlam Locations: Germany, Ludlam, udon
Ten people were injured and nearly 1,000 were evacuated after an escalator caught fire at Kennedy International Airport on Wednesday morning, airport officials said. The escalator, in Concourse C of Terminal 8, started emitting smoke around 7:15 a.m., according to the Port Authority of New York and New Jersey, which operates the airport. The Fire Department and Port Authority police officers responded, and about 990 travelers were taken by bus to other areas of the terminal, according to the Port Authority. Eleven U.S. and international airlines, including American Airlines, British Airways and Japan Airways, use Terminal 8. American Airlines said that three of its 89 total departing flights from the airport on Wednesday had been canceled because of the evacuation.
Organizations: Kennedy International Airport, Port Authority of New, Fire Department, Port Authority, American Airlines, British Airways, Japan Airways Locations: Concourse, Port Authority of New York, New Jersey
President Biden’s announcement on Sunday that he would leave the presidential race effectively pushed Donald J. Trump and the Republican National Convention from the spotlight. A Trump campaign spokesman did not immediately respond to request for comment. But Mr. Biden’s announcement on Sunday that he would exit the presidential race effectively pushed Mr. Trump and his convention from the spotlight. The Trump campaign also filed a complaint on Tuesday with the Federal Election Commission accusing Mr. Biden and Ms. Harris of violating campaign finance laws by rolling Mr. Biden’s campaign funds over to Ms. Harris. The complaint, filed by Mr. Warrington, came after Mr. Biden’s team had amended the name of its campaign committee on Sunday to Harris for President.
Persons: Biden’s, Donald J, Trump, Biden, David Warrington, Kamala Harris, Warrington, Gerald Ford, , Nixon, Nielsen, Trump’s, NBC —, Harris Organizations: Republican National Convention, ABC, NBC, CBS, The New York Times, Trump, Federal Communications Commission’s, — ABC, Federal, Mr Locations: Pennsylvania, Milwaukee, Warrington, Charlotte, N.C
In 2020, a few months before the last election, former President Donald J. Trump’s niece, Mary Trump, published a book about her uncle and how awful and psychologically warped she found him to be. At the time, her brother, Fred C. Trump III, put out a statement slamming his sister for such treachery. The New York Times obtained a copy. Fred and Mary Trump are the children of Fred Trump Jr., Donald’s older brother who struggled with alcoholism and died of a heart attack in 1981, when he was 42. Fred Trump, 61, describes himself as fairly close to his uncle.
Persons: Donald J, Trump’s, Mary Trump, Fred C, Fred, Fred Trump Jr, Fred Trump, John McCain Organizations: Trump III, New York Times, White, Resolute
WASHINGTON — A group of Democratic senators are sounding the alarm over T-Mobile's proposal to acquire most of US Cellular, and asking the Justice Department and the Federal Communications Commission to closely scrutinize and consider challenging the deal. The $4.4 billion deal announced in May 2024 would allow T-Mobile to use part U.S. Cellular's wireless spectrum to improve its coverage in rural areas and give it access to four million new customers. Under the agreement, U.S. Cellular would retain 70% of its wireless spectrum and towers, leasing space on other towers to T-Mobile. In Monday's letter, the lawmakers also ask the Justice Department to consider unwinding that merger, arguing that it cost customers of competing wireless carriers billions of dollars. A spokesperson for T-Mobile did not immediately respond to a request for comment on the letter from CNBC.
Persons: Sen, Elizabeth Warren, WASHINGTON, Amy Klobuchar, Chris Murphy, Conn, Bernie Sanders, Cory Booker, Richard Blumenthal, Klobuchar Organizations: Senate Armed Services, Washington , D.C, US Cellular, Justice Department, Federal Communications Commission, CNBC, Cellular, Mobile, Warren, Sprint, Department, U.S Locations: Afghanistan, South, Central Asia, Washington ,, Sens, Minn, U.S
A federal judge in Pennsylvania on Tuesday declined to block the Federal Trade Commission’s ban on noncompete agreements, diverging from another judge’s recent finding that the agency’s move was on shaky legal ground. The decision clears one obstacle to the F.T.C.’s move to prohibit virtually all noncompete agreements, which prohibit employees from switching jobs within an industry and affect roughly one in five American workers. Several business groups sued to block the ban as soon as the F.T.C. voted to adopt it in April, saying it would limit their ability to protect trade secrets and confidential information. Denying the company’s motion for a preliminary injunction, she said the lawsuit was unlikely to ultimately prevail on the merits.
Persons: Judge Kelley Brisbon Hodge Organizations: Federal Trade, ATS Tree Services, Eastern, Eastern District of Pennsylvania, ATS Locations: Pennsylvania, U.S, Eastern District,
Before last week’s Republican convention, Donald Trump seemed to be moving away from the populism that characterized his 2016 campaign. “He’s defending big business, cozying up to billionaires, and wooing C.E.O.s.”When Mr. Trump named Senator JD Vance of Ohio as his running mate, though, pundits quickly concluded that he was doubling down on populism. In his convention speech, Mr. Vance denounced NAFTA and China trade deals and promised to prioritize American workers over multinational corporations. On the other hand, in a long interview with Bloomberg (conducted in late June) that came out after the announcement of Mr. Vance’s selection, Mr. Trump hardly sounded like a firebrand economic populist. He floated the idea of reducing corporate tax rates to 15 percent and said he’d consider the JPMorgan Chase C.E.O., Jamie Dimon, as a potential Treasury secretary.
Persons: Donald Trump, isn’t, Karma, , C.E.O.s, Trump, JD Vance, Ohio, Vance, Reagan, Bush, Lina Khan, he’d, JPMorgan Chase, Jamie Dimon, Trump’s Organizations: Republican, Federal Trade Commission, China, Bloomberg, JPMorgan, JPMorgan Chase C.E.O Locations: The
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