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CNN —Ancient Egypt’s pyramids, pharaohs and artifacts delight the imagination, reigniting wonder of the distant past in every generation. Experts are also using the latest techniques to spill secrets hidden within discoveries made decades ago, with new research this week “digitally dissecting” an unusual mummy found in 1935. The "screaming woman" whose mummified remains were discovered in 1935 may have died violently, a new study suggests. — To keep swimmers and beachgoers safe, scientists are using artificial intelligence to detect juvenile sharks, which like to hang out near the shore. They find wonder in planets beyond our solar system and discoveries from the ancient world.
Persons: Sahar Saleem, Saleem, Saleem couldn’t, Venus, Guillermo Legaria, Lonely Guy, , Ashley Strickland, Katie Hunt Organizations: CNN, Metropolitan Museum of Art, Kasr Al, Cairo University, Mercury, European Space Agency, Japan Aerospace Exploration Agency, NASA, JPL, Caltech Venus, Lonely, , CNN Space, Science Locations: ., Damietta, Egypt, Luxor, New York City, Kasr Al Ainy, Europe, Asia, Thailand, Southeast Asia
CNN —The US Supreme Court holds immense power over Americans’ lives but is incredibly tight-lipped about how it reaches decisions. Do they care about the perception that the Supreme Court is out of step with the country? How do you think that proposal is going over at the Supreme Court? WOLF: If Trump wins, do you expect any justices would retire? BISKUPIC: If Trump wins, the leading candidates for retirement would be Justices Clarence Thomas (age 76) and Alito (age 74).
Persons: , Joe Biden, Joan Biskupic, You’ve, Amy Coney Barrett, Samuel Alito, John Roberts, I’m, Barrett, Alito, WOLF, SCOTUS, Justice Barrett, Trump, Roberts, Donald Trump, Trumpism, Biden, Kamala Harris, Clarence Thomas, Harris, Sonia Sotomayor, Ruth Bader Ginsburg, Antonin Scalia, Ginsburg, Scalia, They’re Organizations: CNN, Supreme, Trump Locations: Idaho, Trump
You’ve just landed a job that is simultaneously the best and worst in Corporate America. There’s a laundry list of problems Ortberg will have to confront on Day One, and he’ll be operating under intense scrutiny from a rabid audience of shareholders, regulators, customers and even the FBI. “I wish I knew more about other industries to say whether he was the worst aerospace CEO or the worst CEO, period.”Under Calhoun’s watch, Boeing’s headaches have multiplied. Ortberg climbed the ranks at Rockwell Collins, an aviation tech supplier, from 1987 to 2013, when he became its CEO. Boeing’s shares rose 2% Wednesday, even after Boeing announced its losses tripled in the second quarter, reflecting Wall Street’s optimism about Ortberg.
Persons: CNN Business ’, Kelly Ortberg, You’ve, that’s, can’t, Ortberg, Dave Calhoun, Richard Aboulafia, , Boeing didn’t, Steven Mollenkopf, Calhoun “, , they’ll, That’s, ” Aboulafia, Robert Clifford, Max, ” Clifford, Chris Isidore, He’s, Rockwell Collins, Ron Epstein, “ Kelly, he’ll Organizations: CNN Business, New York CNN, Corporate, Boeing, Ortberg, FBI, Airbus, Rockwell, Industry, Bank of America, Puget Locations: New York, Corporate America, Seattle, Chicago, Arlington , Virginia
Why Americans are snubbing McDonald’s and Starbucks
  + stars: | 2024-07-31 | by ( Allison Morrow | ) edition.cnn.com   time to read: +4 min
New York CNN —On the surface, it looks like Americans are laying off the Big Macs, booze and even — gasp! On Monday, McDonald’s reported sales fell 0.7% in the US from the same period in 2023. The once reliably cheap McDonald’s pushed its prices up, while sit-down restaurants leaned into value and convenience. Applebee’s, for one, made a direct pitch to the hordes of ticked-off McDonald’s customers who felt the chain had abused its pricing power. Now, McDonald’s is trying to win back poorer customers while appealing to more affluent customers who want something new.
Persons: CNN Business ’, McDonald’s, Johnny Walker, It’s, it’s, they’re, , RJ Hottovy, Jonathan Maze, I’m, , Chili’s, , Taylor Swift Organizations: CNN Business, New York CNN, Starbucks, Diageo, Restaurant Business, Dine Brands, CNN Locations: New York, United States, North America, Texas, Paris
CNN —The assassination of the political leader of Hamas has plunged the Middle East into fresh crisis and dented already slim hopes of an end to the war between Israel and the militant group that rules Gaza anytime soon. Here’s what the killing of the Hamas and Hezbollah leaders means for the Gaza war and the region. “Netanyahu has systematically sabotaged ceasefire talks because ending the war will likely end his political career,” said Trita Parsi of the Quincy Institute, a US-based foreign policy think tank, in a post on X. A faltered negotiation process also extends the risk to the lives of the remaining hostages in Gaza. “This is the time for a deal.”There are 111 hostages still in Gaza, including 39 believed to be dead, according to data from Netanyahu’s office.
Persons: Israel, Ismail Haniyeh, Haniyeh, , Yahya Sinwar, Mohammed bin Abdulrahman, Benjamin Netanyahu, , “ Netanyahu, , Netanyahu, Jalaa Marey, Gershon Baskin, Baskin, ” Baskin, Gaza’s, Anwar, Antony Blinken, Biden, ” Hellyer, CNN’s Becky Anderson Organizations: CNN, Hamas, Quincy Institute, Palestinian, Getty, Families, Anwar Amro, Hellyer, Carnegie Endowment, International Peace, Royal United Services Institute for Defense, Security Studies, Israel Locations: Israel, Gaza, Tehran, Iran, Beirut, Golan, Qatar, Egypt, Mohammed bin Abdulrahman Al, Thani, Doha, US, Karmiel, AFP, Beirut's, United States, London
CNN —One major lesson from Vice President Kamala Harris’ sudden ascension to be the presumptive Democratic presidential nominee is that running mates matter. It’s a point not lost on some Republicans who are second-guessing Trump’s selection of Vance and Democrats who are anticipating Harris’ pick any day. Harris’ pick could come within days, according to CNN’s MJ Lee and Jeff Zeleny, who write that the pool of candidates has shrunk by one. Biden went on to pick Harris, the first woman of color to be on a national party’s presidential ticket. In 2016, Trump picked then-Indiana Gov.
Persons: Kamala Harris ’, Donald Trump, Sen, JD Vance, Harris, Joe Biden, It’s, Vance, , Trump, CNN’s Edward, Isaac Dovere, , Read, MAGA, Sofia Nelson, Vance’s, Vance's, SSRS, CNN’s KFile, ” Trump, Biden, CNN’s MJ Lee, Jeff Zeleny, Roy Cooper, Arizona Sen, Mark Kelly, Gabby Giffords, Josh Shapiro, Pete Buttigieg, CNN’s Piper Hudspeth Blackburn, Karl de Vries, Eric Bradner, Barack Obama, John McCain, Sarah Palin, Mitt Romney, Paul Ryan, Romney’s, Mike Pence Organizations: CNN, Democratic, Oval, Trump, Republican National Convention, Republicans, GOP, Yale Law School, Fox News, The Washington Post, North Carolina Gov, Arizona, House . Pennsylvania, Transportation, Republican, Alaska Gov, Indiana Gov Locations: Ohio, Detroit, , – Michigan, Wisconsin, Pennsylvania, Scranton , Pennsylvania
But it can really, really help. To do that, I collect large-scale data in the course of people’s everyday lives … That’s kind of the 100,000-foot view. And I think that’s the kind of thing that doesn’t really stop at any magic threshold. I think people need to think about this more of kind of like a happiness portfolio. And oh, by the way, getting some daily exercise, not living in an environment that’s really polluted, that would be good.
Persons: CNN Business ’, there’s, Matt Killingsworth, Mo, Killingsworth, jk, I’ve, Reagan, we’re, it’s, don’t Organizations: CNN Business, New York CNN, University of Pennsylvania’s Wharton School Locations: New York, what’s
The sound of Harris laughingTrump, trying out new material to mock Harris, has dubbed his opponent as “Laffin’ Kamala.”“She’s crazy. The magician/comedian Penn Jillette, who spent time with Trump during “The Apprentice” years, has talked about how Trump does not laugh. That’s a recurring theme among Trump supporters – that outrageous claims are clearly jokes. It’s a tactic that so far seems to have backfired, since Harris supporters also like to share clips of her laughing. “Apparently some people love to talk about the way I laugh,” Harris said.
Persons: Kamala Harris, Donald Trump doesn’t, Harris, Trump, “ Laffin ’ Kamala, , JD Vance, Trump’s, Hillary Clinton, Tim Walz, CNN’s Jake Tapper, , Hannibal Lecter, Vance, ” Walz, it’s, CNN’s Gregory Krieg, Penn Jillette, James Comey, CNN Tapper, Sen, Tom Cotton, ” Cotton, That’s, they’ll, don’t, Mary, Mary Trump, Virginia Heffernan, Slate, Drew Barrymore, ” Harris, she’s Organizations: CNN, Minnesota Gov, Union, Trump, , Arkansas Republican Locations: Michigan, Minnesota, “ State
So we don’t know what specifically will happen in the next 100 days until Election Day on November 5, or what could come after, when the country’s unique Electoral College process gets going. December: Electoral votes are castAfter questions about the election are settled, states confirm, or ascertain, their statewide results. Electors gather in their respective state capitols to cast electoral votes for their statewide winner. Nebraska and Maine also allocate some electoral votes by congressional district, and these could be pivotal in a close race. In any event, lawmakers gather on January 6, as everyone should remember from 2020, to count electoral votes.
Persons: CNN —, Joe Biden’s, Kamala Harris, Donald Trump, Harris, Jeff Zeleny, Sen, JD Vance, Trump’s, He’d, Biden, Vance, Trump, Maya Rudolph, Harris –, isn’t Organizations: CNN, Democratic Party, Biden, Democrats, Republican, Trump, ABC News, ABC, Fox News, Supreme, that’s, Electors, Nebraska, Electoral College, Electoral Locations: Chicago, Harris, North Carolina, Arizona, Georgia, Michigan, Pennsylvania, Wisconsin, Maine
Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. Thousands of years ago, our ancestors produced the first maps of the stars and practiced alchemy, the precursor to chemistry. But ancient alchemists actually developed technology and discovered chemical elements that are still widely used today. Now, a new discovery links both astronomy and alchemy in one intriguing figure who lived during the Renaissance. Once the Starliner mission concludes, SpaceX will ferry a quartet of astronauts for NASA’s Crew-9 mission to the space station.
Persons: Sir Isaac Newton, Uraniborg, Tycho Brahe, Brahe, wasn’t, Butch Wilmore, Suni Williams, Mark Nappi, Craig Smith, Diva Amon, Andrew Sweetman, Sweetman, , David Flannery, Ashley Strickland, Katie Hunt Organizations: CNN, Chemists, Lund University Danish, NASA, Boeing, Engineers, SpaceX, NASA’s, Marine, Scottish Association for Marine Science, JPL, Caltech, Perseverance, CNN Space, Science Locations: Ireland, Brazil, Mars
Part of the building site of the Magic City development in Little Haiti. Among the properties is Sixty Uptown Magic City, billed as a collection of luxury residential units. Plaza Equity Partners, a real estate developer and one of the Magic City partners, did not respond to CNBC's requests for comment. Magic City development site in Little Haiti. Magic City investors also invested $31 million in the Little Haiti Revitalization Trust, created and administered by the City of Miami to support community revitalization in Little Haiti.
Persons: Greg Iacurci, Greg Iacurci MIAMI — Nicole Crooks, James Brown, Sam Cooke, Ray Charles, Aretha Franklin, Ella Fitzgerald, Jackie Robinson, Joe Louis, Overtown, Crooks, Nicole Crooks, Carl Gershenson, Gershenson, Moody's, Robert Zangrillo, Princeton's Gershenson, Andrew Rumbach, Chris Rogers, Rumbach, Brown, Fredericka Brown, Carolyn Donaldson, Greg Iacurci Carolyn Donaldson, Donaldson, David Arditi, Greg Iacurci Flood, Arditi, homebuyers, Han Li, Richard J, Grant, Todd Crowl, Urban Institute Paulette Richards, Richards, who's, Carl Juste, Greg Iacurci Carl Juste's, — Viter, Maria Juste, Little, Little Haiti —, " Juste, Juste, Neil Fairman Organizations: Lyric, Greg Iacurci MIAMI, Catalyst Miami, Princeton University Eviction, Magic City, Liberty City —, Dade, Harvard University, Florida International University, Magic City Innovation, Dragon, Miami ZIP, Liberty City, Miami, West Palm Beach, Boca Raton, Urban Institute, Marshall Fire, Photodisc, Georgia Institute of Technology, Brookings Institution, Macedonia Missionary Baptist Church, Macedonia Missionary Baptist, Grove Rights, Community Equity, Development, Developers, City, Aria Development, Federal Emergency Management Agency, University of Miami, Florida International University Institute of Environment, Women, Leadership Miami, Little Haiti, Magic City Innovation District, Dragon Global, Magic, Plaza Equity Partners, Lune, Lambert, Little Haiti Revitalization Trust Locations: Miami's Overtown, Miami, Overtown , Miami, Magic, Little Haiti, U.S, Zillow, Overtown, Allapattah, Liberty, Dade County, Kendall, West Palm, Delray, Honolulu, Louisville , Colorado, Colorado, Coconut Grove, Macedonia, West, West Grove, Bahamas, Grove, City of Miami, Brickell, Caribbean, Liberty City, Haitian Diaspora, Magic City, Lune Rouge
It could also have a major impact on House and Senate races. We talked by email about the state of play for the House and Senate and how the shake-up in the presidential race might change things. PATHE: House races are typically more nationalized than Senate races because the candidates are lesser known; therefore, it’s harder for them to separate themselves from their party and the top of the ticket. WOLF: The presidential primary process is over, but we’re still in the thick of statewide primaries for House and Senate races. WOLF: If there’s one Senate race that could be a bellwether for the country as a whole, which one is it and why?
Persons: Kamala Harris, Joe Biden, Simone Pathe, Harris, Biden, It’s, Donald Trump, Trump, Wisconsin Sen, Tammy Baldwin, who’s, Baldwin, she’d, Sen, Jon Tester, Tester, it’s, Priscilla Alvarez, hasn’t, WOLF, Ohio’s Sherrod Brown, doesn’t, Brown, — Tester, Bob Casey of Pennsylvania, Jacky Rosen, Nevada –, , There’s, we’re, — GOP Sen, Rick Scott, Debbie Mucarsel, Powell, Colin Allred, GOP Sen, Ted Cruz, there’s, Cruz, we’ve, Beto O’Rourke’s, Jaime Harrison’s, South Carolina Sen, Lindsey Graham, Allred —, That’s, Debbie Stabenow, Elissa Slotkin, Mike Rogers Organizations: CNN, CNN Politics, Senate, PATHE, Democratic, Black, Biden, Trump, Air Force, GOP, Republican, Democrat, House, — GOP, of Houston, South Carolina, Democrats, Democratic Rep Locations: Washington, Wisconsin, Madison, Milwaukee, Baldwin, Montana, California, Pennsylvania, Trump, New York, Oregon , Washington , Colorado , Michigan, North Carolina, New Mexico, Maine, Alaska, York, Ohio, In Ohio, Nevada, Arizona , Michigan, West Virginia, — Texas, Florida, Maryland, Texas, Michigan
New York CNN —Donald Trump didn’t need to do much to win over crypto investors, who are used to being treated like the problem children of the financial world. They’re tinkering in the shadows, doing a thing most normies either don’t understand and/or believe is a scam. “Bitcoiners are looking for political validation after years in the wilderness,” said Eric Soufer, a political adviser to major crypto companies. But running against Vice President Kamala Harris, now the presumptive Democratic nominee, may change the calculus. It’s not clear why Trump has shown a sudden adoration for digital assets when he pooh-poohed it during his presidency.
Persons: CNN Business ’, Donald Trump, , , Eric Soufer, ” Trump, Trump, Marc Andreessen, Joe Biden, Gary Gensler, Kamala Harris, Biden, Harris, Harris ’, Mark Cuban, Cuban, didn’t, Brian Hughes, “ Trump, unAmerican Crypto, ” Harris, Crypto, Molly White, It’s, , Steve Contorno Organizations: CNN Business, New York CNN, Republican, Big Tech, Securities, Exchange Commission, Democratic, Politico, Trump, CNN, Democrats, Republican Party, GOP, Republicans, Fox Business Locations: New York, Nashville
Third-party agents selling and supporting CrowdStrike software and the complicated repairs for customers have been a miserably busy bunch over the past week. CrowdStrike’s token of appreciation for those vendors: a $10 Uber Eats voucher. But a $10 Uber Eats voucher should make it all better, right? The ironic part is, at least where I’m located, I can’t even get a pizza for $10 on Uber Eats after taxes and fees. But the software giant has yet to dole out a nickel to them for their troubles — not even a $10 Uber Eats voucher.
Persons: CNN Business ’, There’s, Uber, Coke, cybercriminals, Brian Fung, Sean Lyngaas, CrowdStrike, hasn’t, Chris Isidore, Organizations: CNN Business, New York CNN Locations: New York
CNN —One person was killed and three others were injured at Cambodia’s famed centuries-old Angkor temple complex when a large tree was blown down onto their vehicle during a fierce rainstorm, the government said Wednesday. Police respond after a storm toppled a tree, killing one person and damaging statues at the Angkor archaeological site in Siem Reap, Cambodia, on Tuesday, July 23, 2024. Thmey Thmey Online News/APSeveral statues on the balustrade of what is called Tonle Oum Gate were also damaged by the falling tree, the statement said. The agency later announced that the tree had been removed and the entrance was again accessible to visitors. The Angkor site sprawls across some 155 square miles, containing the ruins of capitals of various Cambodian empires from the 9th to the 15th centuries.
Persons: Thmey Organizations: CNN, Tourism Ministry, Siem Reap Provincial Administration, Police, National Authority Locations: Angkor, Siem Reap, Phnom Penh, South, Southeast Asia, Siem Reap Provincial, Cambodia
In the capital Ankara, opposition parties are calling for mass deportations, and the government is calling on the Syrian regime it once sought to topple to help resolve the problem. Turkish President Recep Tayyip Erdogan is now publicly seeking a meeting with President Bashar al-Assad, the man he once labeled a terrorist, to reset relations. Before the Syrian civil war, the two leaders vacationed together, but years later, after the Syrian regime brutally crushed a public revolt, Erdogan sought to oust him from office and backed local forces fighting against him. Turkish troops remain in control of a swath of Syrian territory along the Turkish border where Syrian opposition groups are sheltering. Syrian opponents denounce the Turkish President's statements for normalization with the Syrian President Bashar al-Assad's regime in the city of Idlib, Syria on July 12.
Persons: CNN — It’s, Recep Tayyip Erdogan, Bashar al, Assad, vacationed, Erdogan, , ” Erdogan, , Bilal Bagis, “ It’s, ” Assad, Aaref Watad, Ali Yerlikaya, Ebubekir Hussamoglu, He’s, Anas, Mohammad Shbeeb, Abdullah Resul Demir, they’re, Shbeeb, didn’t, Cenk Ozatici, Iyi, Ozatici, Istanbul Mayor Ekrem Imamoglu Organizations: CNN, Turkish, International Refugee Rights Association, Ibrahim Usta, AFP, Getty, Party, European Union, Istanbul Mayor Locations: Turkey, Ankara, Turkish, Damascus, Syria, Afrin, AFP, Anatolian, Kayseri, Syrian, Antalya, Istanbul, Idlib, Gaziantep, Azaz, Ibrahim, Europe
“So this is going to be incredibly painful for CrowdStrike customers.”And even if your business had nothing to do with CrowdStrike, the outage still might have ruined your day. You didn’t have to be a CrowdStrike customer to get screwed by the company’s mistake, and that’s what made Friday’s outage so frustrating. But the scale of the CrowdStrike outage is once again underscoring just how interconnected the world has become through a network almost none of us understands and which is largely self-regulating. Microsoft estimated the CrowdStrike outage affected some 8.5 million Windows devices. “Our tech platforms have a mix of legacy systems coupled with modern systems, which means that the weakest link determines the overall system performance.
Persons: CNN Business ’, — didn’t, you’ve, CrowdStrike, Brian Fung, , Kevin Beaumont, underscoring, Stuart Madnick, Anil Khurana, ” Khurana, Khurana, Madnick, it’s Organizations: CNN Business, New York CNN, Blue, Microsoft, MIT Sloan School of Management, Airlines, Baratta Center, Global Business, Georgetown’s McDonough Business School, Boeing, JPMorgan Locations: New York
CNN —The ascension of Vice President Kamala Harris to become the presumptive Democratic presidential nominee in less than 48 hours is an unprecedented occurrence in American politics. Only four people in US history have won a presidential election as a sitting vice president. Back then, the vice president was the runner-up in the presidential election. In 1861, Vice President John Breckinridge oversaw the counting of electoral votes that made Abraham Lincoln president, at a time when Southern states seceded from the country rather than accept Lincoln’s 1860 victory. Vice President Richard Nixon narrowly lost the 1960 election to John F. Kennedy and oversaw the counting of electoral votes in 1961.
Persons: Kamala Harris, John Adams, Thomas Jefferson, Martin Van Buren, , Andrew Jackson, Van Buren, George H.W, George H.W . Bush, Ronald Reagan, Joe Biden, Barack Obama, Obama, Hillary Clinton, Donald Trump, Harris, John Breckinridge, Abraham Lincoln, Richard Nixon, John F, Kennedy, Nixon, Al Gore, George W, Bush Organizations: CNN, Democratic, Independence, White Locations: George H.W ., Southern
Netanyahu has known President Joe Biden for decades, but Biden doubts Netanyahu’s sincerity. Netanyahu earned the undying enmity of former President Barack Obama for trying to tank the Iran nuclear deal. Trump turned opposition to the Iran nuclear deal into a major campaign issue in 2016. Despite his long relationship with Netanyahu, Biden has criticized the Israeli leader’s government for being too right-wing. But for all his criticism of Netanyahu, Biden has continued to provide Israel with weapons and aid, and the two men will meet at the White House.
Persons: CNN — Benjamin Netanyahu, Netanyahu, Joe Biden, Biden, Donald Trump, Barack Obama, Mitt Romney, Romney, Bill Clinton, , Aaron David Miller, Benjamin Netanyahu, Luke Frazza, Obama, Kamala Harris, Trump, Biden’s, ” Trump, Axios, Rather, Jeremy Diamond, Diamond, Aviva Siegel, ” Siegel, Organizations: CNN, Israeli, Getty, Republican, Senate, Democratic, Trump, White, Hamas Locations: Iran, East, AFP, Jerusalem, Israel, Gaza, Tel Aviv, Washington
The surface feature is Mare Tranquillitatis, or the Sea of Tranquility, where the Apollo 11 mission landed on the afternoon of July 20, 1969. Scientists have discovered a large lunar cave connected to a pit found within the moon's Sea of Tranquility. NASA/Goddard/Arizona State UniversityScientists have found a subterranean cavity beneath the Sea of Tranquility, and it may provide shelter for future lunar astronauts in the form of a cave. Lunar caves, or underground passages formed by volcanic processes during the moon’s early history, are connected to pits covering the lunar surface. The long, wide cave, found by reviewing archival NASA data, could be used to protect astronauts from harsh radiation and extreme temperature swings as well as provide a new avenue to study lunar rocks.
Persons: revel, Neil Armstrong, Buzz Aldrin, Artemis, Ramses, Hamilton, Lori Hilton, Maine coons, squint, , Dana Varble, Sharp, Jürgen, Missy Elliott’s, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, Goddard, Arizona State University Scientists, European Space Agency, French bulldogs, North American Veterinary Community, Space Agency, Sharks, New, CNN Space, Science Locations: Maine, Hamilton, Mexico, Mexican, Nuevo, Argentina, Americas, New Zealand, , Cambodia, New York City, New Jersey
California gets 54 electoral votes (it has two senators and 52 congressional districts). The winner is the candidate who gets 270 or more electoral votes. If no candidate gets to 270 electoral votes, the House of Representatives picks the winner from among the candidates who got electoral votes. The campaigns will focus more attention on the fewer than one-third of all electoral votes they consider to be up for grabs or winnable by either party. Two states, Maine and Nebraska, apportion some of their electoral votes by congressional district rather than giving all of them to the state winner.
Persons: CNN —, Joe Biden, Donald Trump, , Kristen Soltis Anderson, , Biden, Trump, Hillary Clinton Organizations: CNN, Republican, Republican National Convention, House, Electoral, District of Columbia, Wisconsin –, Trump, Constitution, Democrats Locations: . Washington, California, . Texas, Florida, New York, Maine, – Arizona, Georgia, Pennsylvania, Michigan, Wisconsin, Constitution . North Carolina , Colorado, Nebraska
New York CNN —Corporate America gave social activism a go. And sales of Bud Light have taken a hit ever since. Bud Light didn’t handle fallout well — it capitulated to the angry mob and dropped Mulvaney even as she faced a barrage of threats. It caught fire as right-wing media fueled the swirl of negativity around Bud Light, framing it as “wokeism” gone amok. On Thursday, the Guardian reported that the Bud Light boycott was fueled in part by the right-wing activist Leonard Leo.
Persons: CNN Business ’, Bud Light, America John Deere, Kara Swisher, ” Let’s, George Floyd, ” —, Larry Fink, We’d, Reagan, That’s, Disney’s, Bob Chapek, Ron DeSantis, influencer Dylan Mulvaney, , Bud, Leonard Leo, Leo Organizations: CNN Business, New York CNN — Corporate America, Tractor, Pride, CNN, BlackRock, Business, Corporate America, Florida’s Republican Gov, Guardian, Bud Light, Anheuser, Busch, Federalist Society, America Locations: New York, America
But there’s a small, powerful sect of Silicon Valley billionaires who are carving a path for the maybe-Trumpers and the MAGA-curious in the tech world. David Sacks, the billionaire tech investor, co-hosted a fundraiser last month at his San Francisco home and spoke at the Republican National Convention on Monday. In the last election cycle, the few Trump backers that existed in the Valley largely kept their support under the radar. Their numbers are still small, but they’re no longer hiding, and their wallets are open. And, as Kovacevich notes, just because there are a few big names turning toward Trump, “they’re not speaking for everybody.”“In fact, most of the big company CEOs aren’t terribly involved in partisan politics,” Kovacevich says.
Persons: CNN Business ’, Hillary Clinton, Joe Biden, MAGA, Elon Musk, Trump, David Sacks, San Francisco, Doug Leone, Palantir, Joe Lonsdale, what’s, Adam Kovacevich, , , Biden, Lina Khan, Joe Biden’s, Gary Gensler, who’s, Marc Andreessen, Ben Horowitz, Trump’s, hasn’t, they’ve, Reid Hoffman, Eric Schmidt, aren’t, ” Kovacevich, “ They’re Organizations: CNN Business, New York CNN, Silicon, Wall Street, Trump, America PAC, San, Republican National Convention, Sequoia Capital, Biden, of, Financial Times, SEC, Big Tech, LinkedIn, Google Locations: New York, Silicon
New York CNN —There’s a popular idea in political discourse known as the horseshoe theory. The idea is that if you map ideologies on a horseshoe-shaped spectrum, the far right and the far left are actually more closely aligned than the centrists on either side. Missouri Republican Sen. Josh Hawley is another young buck (44 is the new 24 in Congress) who’s all-in on Trump and positioning himself as an advocate for workers. “Pro-worker is raising the minimum wage, ensuring people get overtime, supporting paid sick and family leave,” Terri Gerstein, the Director of the NYU Wagner Labor Initiative, told CNN. “Playacting as working class by dressing up in jeans and acting aggrieved doesn’t do anything for real working people who are struggling.”
Persons: CNN Business ’, New York CNN —, we’ve, Ohio Republican Sen, JD Vance, , Donald Trump’s, Vance, Reagan, Lina Khan, Biden, ” Vance, Wall, Massachusetts Democratic Sen, Elizabeth Warren, New York Times ’ Ross, Bernie Bros, ” Vance isn’t, Missouri Republican Sen, Josh Hawley, who’s, Hawley, , Democrats –, , Rupert Murdoch, Ken Griffin, Trump, Liz Shuler, “ Sen, he’s, ” Terri Gerstein, NYU Wagner, “ Playacting Organizations: CNN Business, New York CNN, Ohio Republican, Yale, Silicon, Massachusetts Democratic, New York Times, GOP, Missouri Republican, Trump, Democrats, Time, ” Media, Washington Post, AFL, , NYU, NYU Wagner Labor Initiative, CNN Locations: New York, Silicon Valley, Massachusetts, American
Tragedy strikes and traders (or trading algorithms) sniff out a way to make money off of it. Stocks also went on a tear as Covid-19 killed millions and gutted economies across the globe. “The market’s up today, but the market’s up every day,” Steve Sosnick, chief strategist at Interactive Brokers, tells me. Whether or not the political bump lasts, some traders did seize on the moment to double down on so-called Trump trades. In short, when the yield curve gets steeper, that’s a sign bond traders are nervous.
Persons: CNN Business ’, Stocks, it’s, Steve Sosnick, Sosnick, , , Trump, Reagan, Coinbase, Elon Musk, Sturm Ruger, he’s, Joe Biden —, ” Sosnick, they’re Organizations: CNN Business, New York CNN — Financial, Dow, Interactive, Trump, White, Macquarie, Trump Media, Smith, Wesson, Democratic, Treasury Locations: New York
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