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☆ These business leaders and billionaires are backing Kamala Harris
▼ + stars: | 2024-07-24 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

The Vice President has already secured several influential political endorsements, including the support of President Joe Biden. AdvertisementSheryl SandbergFormer Meta executive Sheryl Sandberg endorsed Kamala Harris for president on social media on Monday. AdvertisementReed HastingsNetflix's Reed Hastings is supporting Harris' presidential bid with a $7 million donation. Ron ConwaySilicon Valley "super angel" investor Ron Conway has also backed Harris' presidential run. She said in an X post: "I am proud to support Vice President Harris.

Persons: —, Kamala Harris, Joe Biden, Biden, Harris, She's, Sheryl Sandberg, Sandberg, @kamalaharris, Reed Hastings, Hastings, Ron Conway, Conway, Donald Trump, @KamalaHarris, George Soros, Alex Soros Alex Soros, Melinda French, Bill Gates, Melinda French Gates Organizations: Service, Democratic, Business, Meta, Soros Fund Management, Wall Street Journal Locations: Harris

☆ Kamala Harris' tech allies on track to raise over $100 million as they work to win over Silicon Valley skeptics
▼ + stars: | 2024-07-24 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

Vice President Kamala Harris' allies in the tech community have launched a behind-the-scenes lobbying campaign to convince wealthy donors to back her campaign for president, according to people familiar with the matter. Longtime investors Reid Hoffman and Ron Conway have been among Harris' allies in Silicon Valley privately calling on those in their networks to support the vice president over former President Donald Trump, these people explained. The conversations have been ongoing since Sunday, when President Joe Biden dropped out of the race and endorsed Harris, according to people who described the discussions to CNBC. Hoffman convinced Netflix chairman Reed Hastings to support Harris with a $7 million donation to a pro-Harris PAC, according to The Information. A source familiar with the lobbying push by Conway, Hoffman and others estimates that their efforts alone are on track to raise over $100 million from major tech industry donors.

Persons: Kamala Harris, Reid Hoffman, Ron Conway, Harris, Donald Trump, Joe Biden, Conway, Marc Andreessen, Ben Horowitz, Andreesen Horowitz, Hoffman, Reed Hastings, Hastings, Biden, congrats Organizations: CNBC, Trump, Netflix, Harris PAC, Democratic, Conway Locations: Silicon Valley, California

☆ Reed Hastings is going all-in on Kamala Harris with a huge $7 million bet on her presidential candidacy
▼ + stars: | 2024-07-24 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

Netflix's Reed Hastings is donating $7 million to a super PAC supporting Kamala Harris' presidential bid. Hastings told The Information this is the largest donation he's given to a single candidate. Harris' campaign raised $81 million in 24 hours after Biden's endorsement on Sunday. AdvertisementReed Hastings on Tuesday went all in on his support for Vice President Kamala Harris' presidential bid. The Netflix co-founder and executive chairman donated $7 million to a super PAC linked to Harris, The Information reported.

Persons: Netflix's Reed Hastings, Kamala Harris, Hastings, Harris, —, Reed Hastings Organizations: Service, Netflix, Hastings, Business

☆ Surfer’s leg washes up on shore after shark attack
▼ + stars: | 2024-07-24 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —A surfer’s leg that was severed by a shark attack on Tuesday later washed up on an Australian beach, where a police officer retrieved it and put on ice. CNN affiliate 7News reported that Kai McKenzie, a 23-year-old surfer, was mauled by a shark in the water off North Shore Beach in Port Macquarie – a small town about 400 kilometers (249 miles) north of Sydney. The severed leg was also taken to the hospital in case doctors were able to reattach it, 7News reported. He is an inspiring person.”A long stretch of the beaches in Port Macquarie was closed for 24 hours after the shark attack, according to the town’s lifeguards, before they reopened on Wednesday afternoon. There are several shark monitoring devices on the coastline at Port Macquarie.

Persons: Kai McKenzie, McKenzie, . NSW Police McKenzie, 7News, ”, Kirran Mowbray, ” McKenzie, surfwear, “, Stuart Campbell Organizations: CNN, 7News, North Shore, . NSW Police, NSW Ambulance Service Hastings, The New South Wales Police, John Hunter Hospital, Authorities, NSW Police, Port Macquarie Locations: North, Port Macquarie, Sydney, The New, Newcastle, Port

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Persons: you'll, Joshua Hastings, You'll Organizations: Mastercard, Social Security, Visa, Discover Locations: U.S, Chevron

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Persons: It's, Anthony, Paul, We'll, Sallie Mae Sallie Mae, Sallie Mae, Sallie Mae doesn't Organizations: Affinity, Federal Credit Union, Federal Credit, Union's, Foundation, Federal Credit Union Affinity, Google, Apple, Affinity Plus Federal Credit Union, Affinity Plus, State of, University of Minnesota Twin, Minnesota State, Minnesota State University, Mankato, Moorhead, Bemidji State University, Metropolitan State University, Southwest Minnesota State University, St, Cloud State University, Winona State University, University of Minnesota, Chevron, Affinity Plus Federal, Federal, our Affinity, Finance, Premier, Credit Union Premier Members Credit Union, Credit Union, Premiers Credit Union, Members Credit Locations: Chevron, Minnesota, The Minneapolis, Nicollet, State of Minnesota, University of Minnesota Twin Cities, State, Bemidji, Twin Cities, Arden Hills, Minneapolis, Mounds View , New Brighton, Roseville, Shoreview, St, Alexandria, Cloud, Coon Rapids , Cambridge, New Hope, Brainerd Lakes, Roseville , Minneapolis, Paul, Eagan, Lakeville, Hastings, Mankato, Faribault, Fergus Falls, Grand Rapids , Rochester , Duluth, Mahnomen, Moorhead, Winona, Colorado

☆ Female Donors Mobilize for Harris, Moving to Stamp Out Opposition
▼ + stars: | 2024-07-22 | by ( Theodore Schleifer | ) www.nytimes.com time to read: +1 min

For decades, Kamala Harris has been bolstered by a tight-knit group of female donors who rose up with her in Democratic politics. Quickly and quietly, her biggest supporters worked to rally support around her, creating enough momentum to effectively stamp out any opposition. On Sunday, when Mr. Biden announced his exit from the race and endorsed Vice President Harris, all the behind-the-scenes maneuvering appeared to pay off. The nation’s highest-ranking female officeholder, Ms. Harris rapidly picked up pivotal endorsements without attracting a single serious challenger. And while some major Democratic donors remained on the hunt for a non-Harris candidate on Monday, their efforts were appearing increasingly futile by the hour.

Persons: Kamala Harris, Biden, Harris, Money, Harris —, Michael R, Reed Hastings, Vinod Khosla —, Donald J, Trump Organizations: Democratic, Bloomberg, New, Silicon Locations: New York

As of late Monday, there did not appear to be any potentially serious challengers for the Democratic nomination who had not already endorsed Harris. On the contrary, Democratic governors and senators and House members have been lining up to endorse Harris, instead of waiting to see whether any potential alternatives emerge. The refusal by Democrats to entertain these calls from donors who want to slow down the nomination process is a sharp contrast to how many donors successfully lobbied lawmakers to call on Biden to drop out of the race. Despite a few big donors pushing for a pause on the process, the Democratic party on Monday was full steam ahead with its new frontrunner. Gretchen Whitmer — all of whom are now contenders in the veepstakes to become Harris' running mate.

Persons: Kamala Harris, Harris, Mike Bloomberg, Forbes, Reed Hastings, Biden, Democratic electeds, Gavin Newsom, Roy Cooper, Pete Buttigieg, Josh Shapiro, Andy Beshear, J.B ., Gretchen Whitmer — Organizations: Democratic, Billionaire, Bloomberg, Netflix, California Gov, Gavin Newsom , North Carolina Gov, Transportation, Kentucky Gov, Illinois Gov, J.B . Pritzker, Michigan Gov Locations: California, Gavin Newsom ,, Pennsylvania, Kentucky, Illinois

☆ Elon Musk is very publicly trying to recruit his billionaire peers to the Trump-Vance camp
▼ + stars: | 2024-07-22 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +5 min

The mercurial billionaire gave his endorsement to Trump, just minutes after the GOP presidential candidate was nearly assassinated on July 13. Since then, Musk has only doubled down on Trump and his newly minted running mate, Vance on his social media platform, X. — Elon Musk (@elonmusk) July 21, 2024Trump/Vance LFG!! — Elon Musk (@elonmusk) July 21, 2024Trump/Vance LFG!! Related storiesThe potential switch in Democratic nominee to Harris hasn't swayed Musk, who started criticizing her candidacy on Sunday.

Persons: —, Elon, Donald Trump, Sen, JD Vance, Trump, Musk, Vance, — Elon, Joe Biden, Kamala Harris, Biden, Vinod Khosla, Reed Hastings, Khosla, Hastings, Reid Hoffman, Harris, Vinod, Vance LFG, I'm, Harris hasn't, gFwWAv15Qx — Elon, Daniel Hallin, it's, Hallin, Jonathan Aronson, Aronson, Trump stokes Organizations: Service, GOP, Trump, Business, Democratic Party, Republican Party, Democratic, Netflix, Biden, UC San Diego, USC Annenberg School for Communication, Journalism, Trump . Representatives, BI Locations: Ohio, San Francisco Bay, America, Texas

☆ What to know about Kamala Harris, from prosecutor to politician
▼ + stars: | 2024-07-22 | by ( Chelsea Bailey | ) edition.cnn.com time to read: +7 min

CNN —President Joe Biden’s decision to end his reelection bid and endorse Vice President Kamala Harris to replace him in the campaign has upended the presidential race and shined a renewed spotlight on Harris. Harris is the first woman to become vice president, as well as the first Black or Asian American person to hold the office. One-year-old Kamala Harris, right, with her mother Shymala Gopalan Harris. Archivio GBB/contrasto/ReduxIn 1982, Harris enrolled at Howard University, a historically Black university in the heart of Washington, DC. The couple met on a blind date and Harris later joked in her memoir that her staffers referred “to that era as A.D. – ‘After Doug.’”Emhoff is the nation’s first second gentleman.

Persons: Joe Biden’s, Kamala Harris, Harris, California’s, Kamala Devi Harris, ” Harris, Shymala Gopalan Harris, Archivio, Donald, Shyamala Gopalan Harris, “, ”, Kamala, Biden’s, Beau, –, Doug Emhoff, Doug, ’, Barbara Davidson, California Sen, Barbara Boxer, Barack Obama, Biden, Donald Trump, I’ve Organizations: CNN, Democratic, University of California, Stanford, Berkeley, Howard University, Alpha Kappa Alpha, Black, ”, Oakland’s Alameda, American, Los Angeles Times, Committee, Intelligence, White House, South, White Locations: Oakland , California, United States, Jamaica, Berkeley, India, Berkley, Washington, DC, California, University of California Hastings, America, Oakland’s Alameda County, San Francisco, Los Angeles, South Asian

☆ What happens with Biden's war chest now that he's dropped out?
▼ + stars: | 2024-07-21 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Still, other Democratic megadonors, including Netflix cofounder Reed Hastings and Abigail Disney, pledged to withhold funds from the party until Biden dropped out. Where Biden's money goes nowCampaign finance experts disagree on the specifics of what the Biden campaign will be able to do with its money. The Biden campaign can either refund its donors, Ghosh told Reuters, or, they agreed, the campaign can pass the money back to the Democratic National Committee. Advertisement"It's really a nonargument because that money is not going to go to waste," McMillan told BI. Whoever ends up as the Democratic nominee, McMillan noted, they'll have no shortage of financial support.

Persons: —, Joe Biden, Donald Trump, Biden rambled, Biden, Reed Hastings, Abigail Disney, Charles Spies, Kamala Harris, Spies, Harris, Saurav Ghosh, Ghosh, Dan McMillan, — Biden didn't, McMillan Organizations: Service, Sunday, Business, Democratic, Trump, Associated Press, Netflix, Republican, Street Journal, Federal, Reuters, Democratic National Committee, Save Democracy Locations: America

☆ Biden endorses Harris to be the next Democratic presidential nominee
▼ + stars: | 2024-07-21 | by ( Arit John | ) edition.cnn.com time to read: +9 min

The historic endorsement came after Biden announced Sunday that he is dropping out of the race following weeks of disarray within the Democratic Party. My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President. Despite the president’s backing, it remains unclear whether Harris will become the nominee, or what process the Democratic Party would take to select an alternative. Dmitri Mehlhorn, a Democratic political strategist advising several big-money backers, released a statement Sunday following Biden’s withdrawal supporting Harris. After she dropped out, Harris became a prominent surrogate for Biden before being named his vice presidential pick in August 2020.

Persons: Kamala Harris, Joe Biden’s, Harris, ”, “, Biden, it’s, I’ve, Kamala, ” Biden, Jaime Harrison, Donald Trump, ” Logistically, Trump, LaTosha Brown, “ We’ve, Hillary Clinton, Andy Kim of, Angela Alsobrooks of, Sen, Tammy Baldwin of Wisconsin, Brown, Biden’s, ” Harris, Dmitri Mehlhorn, “ Kamala Harris, ” Mehlhorn, Scranton Joe, John Morgan, –, California Sen, Barbara Boxer, Jeff Sessions, Brett Kavanaugh, Martin Luther King Jr, ’, Beau, “ I’ve, Mike Pence, Kayla Tausche, Eva McKend, Jeff Zeleny Organizations: CNN, Democratic, Democratic Party, Democratic National, Biden, Republican, Black Democrats, Black, Congressional Black Caucus PAC, Cal, Scranton, University of California, Hastings College of Law, San, San Francisco ., Senate, White, Trump, Howard University Locations: American, Central America, Andy Kim of New Jersey, Angela Alsobrooks of Maryland, Oakland California, Berkeley, India, Jamaica, Oakland, California’s Bay, Alameda County, San Francisco, California

☆ Big-dollar Democratic donors are split: Hold the line or abandon Biden?
▼ + stars: | 2024-07-20 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +8 min

Advertisement"The donors that I'm in contact with are solidly behind Biden because we know Biden and Harris can defeat Trump," Ajay Bhutoria, the deputy national finance chair of Biden's National Finance Committee, told Business Insider. A spokesperson for the Biden campaign declined to comment on this story, and a Democratic National Committee spokesperson did not respond to a request for comment. Two wealthy donors told BI that they've lost faith in the Biden campaign just in the past month and that a new, younger Democratic nominee is needed to energize the base. But on Wednesday, the donor told BI that their thinking, along with other donors they have spoken to, has changed. Wasn't just the debate but everything since," the donor told BI in a text message on Wednesday.

Persons: —, Joe Biden, Reed Hastings, Gideon Stein, Biden, aren't, Harris, Donald Trump, Trump, Ajay Bhutoria, Lauren Hitt, Jeffrey Gural, Joe, Gural, Wasn't, Pres Biden, Bill Harris, Kamala Harris, Sen, Cory Booker of, Dem, that's, Amy Goldman Fowler, Peter Lowry, Lloyd Austin, Bhutoria, he's, Biden's Organizations: Service, Netflix, Business, Democratic, Biden, Biden's National Finance Committee, Democratic National, Fund, New York Times, Times, PayPal, Washington Post, MSNBC, The Times, Capitol, House, CNN, Senate Locations: Cory Booker of New Jersey

☆ Hollywood turns on Biden as major supporters and fundraisers call on him to withdraw from race
▼ + stars: | 2024-07-11 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —Joe Biden is losing a particularly influential corner of support: Hollywood. “I love Joe Biden. “It’s devastating to say it, but the Joe Biden I was with three weeks ago at the fund-raiser was not the Joe ‘big F-ing deal’ Biden of 2010. He wasn’t even the Joe Biden of 2020. I’m told that the Biden campaign has actively been making phone calls to Hollywood supporters, working to maintain their support in this turbulent moment.

Persons: New York CNN — Joe Biden, George Clooney, Joe Biden, ” Clooney, he’s, ”, Joe ‘, ’ Biden, wasn’t, “ Joe Biden, Clooney, Biden, Rob Reiner, Donald Trump, Reed Hastings, Damon Lindelof, Biden “, Abigail Disney, Ari Emanuel, “ Donald Trump, ‘, ” Emanuel, “, I’m, won’t, ’ Organizations: New York CNN, Hollywood, New York Times, City of Angels, Democratic, CNN, Netflix, Trump, Democratic Party, Biden Locations: New York, Hollywood

☆ George Clooney says Biden should drop out, can't win in November
▼ + stars: | 2024-07-10 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Read previewGeorge Clooney on Wednesday called on President Joe Biden to drop out of the 2024 race just weeks after co-hosting a star-studded fundraiser for the president's campaign. "He wasn't even the Joe Biden of 2020. I'm proud of what my party represents and what it stands for," Clooney wrote. AdvertisementIn his Times column, Clooney added that he help put on, "some of the biggest fund-raisers in my party's history. Joe Biden in 2020."

Persons: —, George Clooney, Joe Biden, Joe, Biden, Clooney, Reed Hastings, Barry Diller, Clooney's, Rob Reiner, Reiner, …, @robreiner, he's, Nancy Pelosi, lister, Julia Roberts, Barbra Streisand, Barack Obama, Steve Ricchetti, Amal Clooney, Hillary Clinton Organizations: Service, The New York Times, Business, Hollywood, Netflix, IAC, MSNBC, Seven House Democrats, Academy, The Washington Post, Democrats Locations: Washington, Hague

☆ What the rest of hurricane season could hold after Beryl made early-season history
▼ + stars: | 2024-07-09 | by ( Mary Gilbert | ) edition.cnn.com time to read: +9 min

Collin Reid/AP A boat damaged by Hurricane Beryl lies on its side at a dock in Kingston on Thursday. Leo Hudson/AP Simone Francis gathers items from her home that were blown away by Hurricane Beryl in Old Harbor, Jamaica, on Thursday. Ricardo Hernandez/AP Pastor Winston Alleyne clears trees felled by Hurricane Beryl in St. Vincent and the Grenadines on July 2. Lucanus Ollivierre/AP Fishing boats, damaged by Hurricane Beryl, sit in a heap at the Bridgetown Fisheries in Barbados on July 1. Randy Brooks/AFP/Getty Images Brad Reinhart, senior hurricane specialist at the National Hurricane Center in Miami, tracks Hurricane Beryl on July 1.

Persons: Beryl, Phil Klotzbach, Beryl –, –, “ Beryl, ” Klotzbach, Mark Felix, Hurricane Beryl, Brandon Bell, Blake Braun, Dolly, Port, Jon Shapley, Eddie Seal, Fernando Llano, Everton Evanks, Elizabeth, Joe Raedle, Collin Reid, Leo Hudson, Simone Francis, Hurricane, Paola Chiomante, Marco Bello, Jose Luis Gonzalez, Vincent, Lucanus, Arthur Daniel, Samir Aponte, Ricardo Hernandez, Winston Alleyne, Ricardo Mazalan, Sylvia Small, Matthew Dominick, Chandan Khanna, Randy Brooks, Brad Reinhart, Gilbert Bellamy, “, Mona Hemmati, Beryl “, ” Hemmati, Hurricane Beryl churns, Beryl Beryl’s, Alberto, Chris –, El Niño, CNN’s Rachel Ramirez Organizations: CNN, Colorado State University, Getty, Houston Chronicle, AP, Bloomberg, Everton, National, Reuters, Wednesday, Reuters Workers, AP Homes, Bridgetown Fisheries, NASA, National Hurricane Center, Klotzbach, Climate, Hurricane, Colorado State, National Hurricane Locations: Caribbean, Surfside Beach , Texas, AFP, Houston, Hurricane, , Texas, Port Aransas , Texas, Tulum, Mexico, St, Elizabeth Parish, Jamaica, Kingston , Jamaica, Kingston, Old Harbor, Cancun , Mexico, Playa del Carmen, Union, Kingstown, Grenadines, Petite Martinique, Cumanacoa, Venezuela, Santo Domingo, Dominican Republic, Bridgetown, Barbados, Oistins, Hastings, Miami, Columbia, Africa, United States

Wall Street’s game theoryAs more leading Democrats say privately that President Biden should withdraw from the presidential race, some of the party’s most prominent backers on Wall Street spent the holiday weekend debating what to do next. If they favor calling for him to step back, they discussed what their next moves should be. Wall Street is taking a different approach than Hollywood. (Many are also reportedly irate at Jeffrey Katzenberg, Biden’s campaign co-chair.) And many donors want to maintain their influence within the Democratic Party.

Persons: Biden, Larry Fink, BlackRock, Robert Rubin, Jon Gray, Blackstone, Peter Orszag, Lazard, Blair Effron, Robert Wolf, Barack Obama —, DealBook, Reed Hastings, Barry Diller, Rob Reiner, Abigail Disney, Jeffrey Katzenberg Organizations: Wall, Treasury, Centerview Partners, UBS, Hollywood, Netflix, IAC, Democratic Party

☆ Hurricane Beryl: Damaging winds and storm surge could hit South Texas this weekend
▼ + stars: | 2024-07-06 | by ( Dalia Faheid | ) edition.cnn.com time to read: +10 min

CNN —Tropical Storm Beryl will strengthen as it tracks toward the Texas-Mexico border this weekend, bringing a risk of damaging winds, life-threatening storm surge and dangerous flooding to Texas beginning late Sunday. • Hurricane and storm surge watches issued: Hurricane and storm surge watches were extended eastward along the Texas coast Friday night. • Beryl expected to slam South Texas: Beryl is forecast to make landfall over South Padre Island, Texas, close to the Texas-Mexico border, as a Category 1 hurricane late Sunday night, according to the National Hurricane Center. • At least nine dead due to Beryl: Beryl became the earliest Category 5 hurricane in the Atlantic on record earlier this week. Randy Brooks/AFP/Getty Images Brad Reinhart, senior hurricane specialist at the National Hurricane Center in Miami, tracks Hurricane Beryl on Monday.

Persons: It’s, • Beryl, Beryl, Barra el Mezquital, Gov, Dan Patrick, “, ” Patrick, ClimaMeter, Vincent, Everton Evanks, Elizabeth, Joe Raedle, Hurricane Beryl, Fernando Llano, Collin Reid, Leo Hudson, Simone Francis, Hurricane, Paola Chiomante, Marco Bello, Jose Luis Gonzalez, Arthur Daniel, Samir Aponte, Ricardo Hernandez, Winston Alleyne, Lucanus, Ricardo Mazalan, Sylvia Small, Matthew Dominick, Chandan Khanna, Randy Brooks, Brad Reinhart, Gilbert Bellamy, Beryl’s, Patrick, Greg Abbott, Rudy Madrid, Connie Scott, Paulette Guajardo, Guajardo Organizations: CNN, National Hurricane Center ., Texas Gulf, National Hurricane Center, Everton, Hurricane, Getty, AP, National, Reuters, Wednesday, Reuters Workers, AP Homes, Petite Martinique, Bridgetown Fisheries, NASA, Gov, Texas Coast, Texas Gov, Sargent, Residents, Facebook, Loyola Beach, National Weather Service, Corpus Christi, Sunday, Corpus Locations: Texas, Mexico, of Mexico, Corpus Christi , Texas, Yucatan, South Texas, The Texas, Rio, San Luis Pass, High, Harris County, Barra el, Rio Grande, South Padre Island , Texas, National Hurricane Center . Texas, Gulf Coast, Texas Gulf Coast, Gulf, Caribbean, Jamaica, Venezuela, Grenada, Saint Vincent, Grenadines, St, Barbados, Elizabeth Parish, Tulum, Kingston , Jamaica, Hurricane, Kingston, Old Harbor, Cancun , Mexico, Playa del Carmen, Union, Kingstown, Lucanus, Petite, Cumanacoa, Santo Domingo, Dominican Republic, Bridgetown, Oistins, Hastings, AFP, Miami, Matagorda County, Matagorda, Palacios, Aransas, RVs, Kleberg County, Baffin Bay, City, Kingsville . Nueces, Corpus, Houston

☆ 5 takeaways from Biden's first interview following his disastrous debate performance
▼ + stars: | 2024-07-06 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Read previewAll eyes were on ABC News on Friday when President Joe Biden appeared in his first interview since his catastrophic debate appearance last week. Democratic donors and supporters of Biden saw the interview as key to addressing criticisms of his poor debate showing — in which Biden repeatedly fumbled his words and appeared to lose his train of thought. Biden, currently 81-years-old, has long faced criticism over his age and fitness for office, which grew louder following the debate. "If I stopped now, I would go down in history as a pretty successful president," Biden said. The polls show I can win," Biden said.

Persons: —, Joe Biden, Biden, He's, Reed Hastings, Abigail Disney, George Stephanopoulos, George, Stephanopoulos, Camp David wasn't, — Biden, Chuck Schumer, Hakeem Jefferies, that's, he's Organizations: Service, ABC, Business, Netflix, Democrats, ABC News, Camp, Trump, Democratic Locations: France

☆ Millionaire Disney heiress says she's pulling funding to Democrats until Joe Biden exits the 2024 race
▼ + stars: | 2024-07-05 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

President Joe Biden is facing stiff opposition from some high-profile Hollywood donors. Heiress Abigail Disney told CNBC she is ending Democratic donations until Biden ends his 2024 bid. The statement comes a day after Netflix cofounder Reed Hastings said Biden needs to step aside. AdvertisementPresident Joe Biden is facing stiff opposition from some high-profile Hollywood donors a week after his disastrous debate performance against former President Donald Trump. Millionaire heiress Abigail Disney told CNBC on Thursday that she will stop donations to the Democratic Party "until they replace Biden at the top of the ticket."

Persons: Joe Biden, Abigail Disney, Biden, Reed Hastings, —, Donald Trump, Millionaire Organizations: CNBC, Netflix, Service, Democratic Party, Democratic, Business

☆ These Democratic megadonors are pressuring Biden to drop out
▼ + stars: | 2024-07-05 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +1 min

A growing list of wealthy Democrats are using their checkbooks to pressure Biden to drop out. Others, such as Netflix cofounder Reed Hastings, simply no longer support Biden. The donor uprising adds further obstacles to Biden hanging on after his disastrous debate performance. AdvertisementSome of the Democratic Party's biggest donors are pressuring President Joe Biden to step aside. Others are so angry about the president's standing after his disastrous debate performance that they have vowed to cut off all Democrats.

Persons: Biden, Reed Hastings, —, Joe Biden Organizations: Netflix, Service, Democratic, Hollywood titans, Democratic Party, Business

☆ Jill Biden quietly fed lines into Joe Biden's ear, reminding him of a megadonor's name and saying to thank them, report says
▼ + stars: | 2024-07-05 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewJill Biden quietly fed lines into President Joe Biden's ears, reminding him of a megadonor's name and telling him to thank them, New York Magazine's Intelligencer reported, citing an unnamed witness to the exchange. Since his disastrous debate performance last week, Biden has tried to reassure Democratic governors, House Democrats, staffers, voters, and donors that he is fit for reelection. But Biden is losing support among some Democratic donors, some of whom have publicly called on him to step aside. Despite mounting pressure to exit the race, Biden told staffers he was "not leaving" during a Wednesday call with his campaign and Democratic National Convention staff, Politico reported, citing anonymous staffers on the call.

Persons: —, Jill Biden, Joe Biden's, Biden, blankly, it's, Donald Trump, Millionaire, Abigail Disney, Reed Hastings, Hastings, Whitney Tilson Organizations: Service, New York Magazine's Intelligencer, Democratic, White House, Business, House Democrats, CNN, The New York Times, CNBC, Democratic Party, Trump, New York Times, Times, Democratic National Convention, Politico, ABC Locations: New York

☆ Netflix cofounder Reed Hastings is one of the first Democratic megadonors to call for Biden to step aside
▼ + stars: | 2024-07-04 | by ( Lloyd Lee | Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

"Biden needs to step aside to allow a vigorous Democratic leader to beat Trump and keep us safe and prosperous," Hastings said in an email to the Times. While he's the first to call for Biden to step aside, he's not the first big Democratic donor from Hollywood to express concern. It's unclear if more Hollywood donors will follow Hastings and call for Biden to step aside. We will fight, and we will win," Harris told Biden's campaign staff in a call, according to The Times. A Biden campaign spokesperson did not address Hastings's public call in their statement to BI.

Persons: —, Reed Hastings, Joe Biden, Donald Trump, Biden, Hastings, he's, Ari Emmanuel, Tina Brown, Trump, Barack Obama, George Clooney, Julia Roberts, Biden's, Kamala Harris, Karine Jean, Pierre, Harris, Noah Mamet, Obama, Mamet, Nancy Pelosi, Chuck Schumer, Patty Quillin Organizations: Service, Democratic, The New York Times, Trump, Times, Business, Netflix, Endeavor, Aspen Ideas, Hollywood, Hastings, Washington Post, Biden, Press, The Times, Democratic Party Locations: Hollywood, Los Angeles, Chicago, Argentina

☆ Netflix Co-founder Becomes One of the Biggest Democratic Donors to Call for Biden to Step Aside
▼ + stars: | 2024-07-03 | by ( Theodore Schleifer | More About Theodore Schleifer | ) www.nytimes.com time to read: +1 min

Reed Hastings, the Netflix co-founder who in recent years has become one of the biggest donors to the Democratic Party, called on Wednesday for President Biden to relinquish his place atop of the Democratic presidential ticket. Mr. Hastings became one of the first to say publicly what many Democratic megadonors are saying privately. “Biden needs to step aside to allow a vigorous Democratic leader to beat Trump and keep us safe and prosperous,” he said in an email with The Times. Mr. Biden and White House officials have said he has no plans to step aside. Mr. Hastings and his wife, Patty Quillin, during the Trump era joined the Democratic Party’s most generous donor couples.

Persons: Reed Hastings, Biden, Hastings, “ Biden, ”, Patty Quillin, Trump, Mr Organizations: Netflix, Democratic Party, Democratic, Trump, The Times, White, Democrats

☆ And the Winner Is … the Slowest!
▼ + stars: | 2024-07-02 | by ( Cara Buckley | ) www.nytimes.com time to read: +1 min

Every year, in the waters off the California coast, hundreds of tankers, car carriers and container vessels from dozens of shipping companies take part in an unusual race. Awards are given to companies whose fleets voluntarily reduce speeds in marine areas where endangered whales migrate through and feed in. The prize, known as Protecting Blue Whales and Blue Skies, comes with a sculptural whale-tail trophy and bragging rights. “That’s the motivation right there.”The real winner may be ocean life. Slower ships also generate less ocean noise and fewer greenhouse gases and other air pollution.

Persons: “, ”, Sean Hastings Organizations: National Oceanic, Atmospheric Administration Locations: California

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