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☆ Crypto.com's Exchange, Sponsorships, and Commercials, Explained
▼ + stars: | 2024-05-28 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

(That's not a knock on the company — for a lot of crypto exchanges, the Empire State is a tough nut to crack.) Crypto.com's primary business is its cryptocurrency exchange, which works as a middleman for people buying and selling crypto, but it also offers other products, including crypto Visa cards. To be sure, the casino thing could be said about most crypto exchanges — and sports-betting apps, and many regular trading apps. It's a good reminder that, whatever the company, it's better to use exchanges only for trading your crypto assets, not for storing them. Or maybe in five years we'll be looking back at this moment and saying: "Remember that one crypto company?

Persons: Eminem, Sam Bankman, Crypto.com doesn't, Jojo Siwa, it's, He'd, Nic Carter, Crypto.com, Kris Marszalek, Foris DAX Asia, It's, Matt Damon, Steven Kalifowitz, Bill Clinton, Tony Blair, FTX, hasn't, Marszalek, wasn't, Alex Gladstein, Emily Stewart Organizations: NBA, Los Angeles Lakers, It's, UFC, NASCAR, Lakers, Castle, Ventures, Staples Center, Miami Heat's, Binance's, Forbes, Financial Times, Securities and Exchange Commission, Bloomberg, PayPal, JPMorgan doesn't, Human Rights Foundation, Business Locations: New York, America, Singapore, Nigeria, Bulgaria, Monaco, Hong Kong, Polish, Los Angeles, Bahamas, Netherlands, Asia, Americas

☆ Republicans are divided on whether Kari Lake's Arizona Senate candidacy should be a top investment for the GOP
▼ + stars: | 2024-05-12 | by ( John L. Dorman | ) 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 previewWhen Kari Lake jumped into the Arizona GOP Senate primary last October, many conservatives were thrilled with the decision, confident she'd energize base voters in the general election. It's still early in the campaign, but the numbers are a sign that she has so far not consolidated GOP support around her candidacy. "Ultimately, the Republican Senate committee is probably going to realize before too long that there's far better opportunities for victories in other parts of the country," he added. But in addition to Arizona, they're angling to flip seats in Montana, Ohio, Maryland, Michigan, Nevada, Pennsylvania, and Wisconsin.

Persons: —, Kari Lake, Katie Hobbs, Donald Trump's, Lake, Ruben Gallego, It's, Sen, John Barrasso of, Matt Salmon, Todd Young, Democratic Sen, Joe Manchin, Young, he'd Organizations: Service, Arizona GOP, Republicans, Business, Emerson College Polling, Democratic, GOP, Senate Republican Conference, Politico, Washington Republicans, National Republican Senatorial, Arizona Rep, Lake, Republican, Todd Young of Locations: Arizona, John Barrasso of Wyoming, Todd Young of Indiana, West Virginia, Montana , Ohio, Maryland , Michigan, Nevada , Pennsylvania, Wisconsin

☆ YouTube is ready to capitalize on its status as No. 1 streamer
▼ + stars: | 2024-05-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Ad industry watchers are waking up to the fact that TV's big star is Google's YouTube. YouTube is ready to capitalize as it heads into TV's big upfront selling season. Industry observers widely believe YouTube is taking in far less ad revenue than it should be, based on its share of view time. Why YouTube is big on live sportsYouTube also affirmed its commitment to the industry's most sought-after content, live sports. YouTube still faces legacy ad buying structures where some agencies still buy old-fashioned TV and social video separately.

Persons: Nielsen, Neal Mohan, Mary Ellen Coe, Sean Downey, Zach King, Haley Kalil, Billie Eilish, Brian Albert, Brandcast, Donald De La Haye, Deestroying, Albert, Kate Alessi, Tricia McCormack, Brian Wieser Organizations: YouTube, Netflix, Hulu, Industry, Business, US, Google, NBA, Disney, Systems Locations: New York

☆ Campaign Updates: At the R.N.C. donor retreat, Trump calls the Biden administration the ‘Gestapo.’
▼ + stars: | 2024-05-05 | by ( Maggie Haberman | Shane Goldmacher | ) www.nytimes.com time to read: +8 min

“You have to respect the office of the presidency,” Mr. Trump said. “When you are Democrat, you start off essentially at 40 percent because you have civil service, you have the unions and you have welfare,” Mr. Trump said on Saturday. director whom Mr. Trump fired amid an investigation into Mr. Trump and his campaign, was connected to the Blagojevich investigation. Mr. Trump also mocked the physical appearance of Jack Smith, the special counsel who has indicted him twice. At another point, Mr. Trump said that if anyone wanted to donate $1 million to the R.N.C.

Persons: Donald J, Trump, Biden’s, ” Mr, Trump baselessly, Biden, “, Mr, ”, William P, Barr, Michael Whatley, Mitt Romney, Hope Hicks, Rod Blagojevich, Blagojevich’s, James B, Blagojevich, Jack Smith, Smith, Mike Johnson, Roe, Wade, Trump’s, — Susie Wiles, Chris LaCivita, Tony Fabrizio — Organizations: Republican National Committee, The New York Times, Trump, Democratic, Mr, Sun Locations: New York, Florida, Palm Beach, Fla, Manhattan, Illinois, Minnesota, Virginia, Nevada , Arizona, Georgia, North Carolina, Pennsylvania, Michigan, Wisconsin

That same day, Mr. Trump’s campaign announced that the former president would appear alongside Mr. Moreno on Saturday in Dayton, widely interpreted as a sign that Mr. Moreno could benefit from an 11th-hour boost. Simultaneously, Mr. Moreno and his backers have portrayed Mr. Dolan as not sufficiently supportive of Mr. Trump. After Mr. Trump overwhelmingly won the former battleground state in 2016 and 2020, Ohioans sent J.D. Image Mr. Moreno has been endorsed by, and campaigned with, several Republicans with ties to Mr. Trump, including Gov. Mr. LaRose and Mr. Moreno have banded together to attack Mr. Dolan as disloyal to Mr. Trump, while both Mr. Dolan and Mr. LaRose have accused Mr. Moreno of shifting his views on everything from gun control to Mr. Trump himself.

Persons: Donald J, Trump’s, Bernie Moreno, Sherrod Brown, Moreno, Matt Dolan, Frank LaRose, Dolan, Mike DeWine, Rob Portman, LaRose, Mr, Trump, Donald Trump, ”, Ryan Stubenrauch, DeWine, Portman, Brown, Ohioans, J.D, Vance, Biden, Moreno’s, “, Mitch McConnell, McConnell, Donald Trump Jr, ” Mr, ” Reagan McCarthy, won’t, Jim Renacci, “ Trump, Katie Smith, they’ll, Kristi Noem, Vivek Ramaswamy, Vance of Ohio, —, Noem, Donald Trump isn’t, Mitzi Baird, ” Ms, Baird, Michael C, Bender Organizations: Republican, Republicans, Democrat, Senate, Mr, Democratic, Cleveland Guardians, Trump, Republican Party —, National Republican Senatorial Committee, Ohio Democratic Party, U.S . Army, Washington , D.C, ”, Lincoln Locations: Ohio, Dayton, Arizona, Cleveland, Washington, G.O.P, battlegrounds, Pennsylvania, Georgia, South Dakota, Cincinnati, Washington ,, Columbus, Elyria, Vermilion

☆ Republican Senate Slugfest in Ohio Fuels Jitters About Trump’s Candidate
▼ + stars: | 2024-03-16 | by ( Anjali Huynh | Maddie Mcgarvey | ) www.nytimes.com time to read: +1 min

With just days to go before the election, the three-way Republican Senate primary in Ohio has turned into a food fight, fueling concerns about former President Donald J. Trump’s favored candidate, Bernie Moreno. But in recent weeks, a handful of independent surveys have indicated that Mr. Dolan, a more traditional conservative with deep pockets of his own, is gaining traction. On Monday, Mr. Dolan received the endorsement of Gov. That same day, Mr. Trump’s campaign announced that the former president would appear alongside Mr. Moreno on Saturday in Dayton, widely interpreted as a sign that Mr. Moreno could benefit from an 11th-hour boost. Simultaneously, Mr. Moreno and his backers have portrayed Mr. Dolan as not sufficiently supportive of Mr. Trump.

Persons: Donald J, Trump’s, Bernie Moreno, Sherrod Brown, Moreno, Matt Dolan, Frank LaRose, Dolan, Mike DeWine, Rob Portman, LaRose, Mr, Trump Organizations: Republican Locations: Ohio, Dayton, Arizona

Donald J. Trump and Mitch McConnell haven’t said a word to each other since December 2020. Assuming it happens, Mr. McConnell’s endorsement of Mr. Trump would have enormous symbolic value to the former president, giving him the embrace of the last holdout of Republican power whose rejection of him represents the final patch of unconquered territory in Mr. Trump’s march to the party’s 2024 presidential nomination. The support of Mr. McConnell, the Republican senator from Kentucky and the chamber’s minority leader, would also carry huge value in signaling to an entire class of donors and Trump-resistant Republican elites that it’s acceptable to get behind the party’s expected nominee — no matter their misgivings. This is no small thing, given that Mr. Trump has been forced to spend more than $50 million already on legal bills, and the groups supporting him are expected to be vastly outspent by President Biden’s operation. The secretive conversations between the Trump and McConnell camps have been happening between key advisers to both men who have known and worked with each other for more than 20 years: Chris LaCivita, a top campaign adviser to Mr. Trump, and Josh Holmes, a confidant and longtime political strategist for Mr. McConnell.

Persons: Donald J, Trump, Mitch McConnell haven’t, Trump’s, McConnell, —, Biden’s, Chris LaCivita, Josh Holmes Organizations: Republican, Trump Locations: Kentucky

Here’s what to know:Who is running in the South Carolina Republican primary? South Carolina’s primaries are open, which means any registered voter can take part in either the Republican primary or the Democratic primary, but not both. When Trump won the South Carolina primary with more than 32% of the vote in 2016, just about 1% of the GOP primary voters were Black. Only once since 1980 have South Carolina Republican primary voters not supported the ultimate nominee. The only recent election in which South Carolina did not pick the ultimate Democratic nominee was in 2004, when then-Sen. John Edwards, who was born in South Carolina and represented North Carolina in the Senate, beat then-Massachusetts Sen. John Kerry.

Persons: Donald Trump, Nikki Haley, Joe Biden, Haley, Trump, outpacing Haley, Vladimir Putin, Alexey Navalny, CNN’s Kaitlan Collins, Biden, “ I’m, ” Haley, “, Kamala Harris, It’s, Newt Gingrich, Mitt Romney, Sen, John Edwards, Massachusetts Sen, John Kerry, Jimmy Carter Organizations: CNN, Republican, South Carolina Republican, Trump, South Carolina Gov, United Nations, Democratic, GOP, South, Democrats, South Carolina, US, Senate, New Yorker, Democrat Locations: New York, Washington, Florida, South Carolina, New Hampshire, Iowa, Russia, Georgia, Massachusetts, Utah . South Carolina, North Carolina, New

☆ Democrats see New York special election win as a blueprint for defeating Trump in November
▼ + stars: | 2024-02-14 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

Stephanie Keith | Getty ImagesDemocrats aren't just breathing a sigh of relief after flipping a red seat blue in New York's special election — they're taking notes. On the same day as the special election in New York, House Republicans voted to impeach Homeland Security Secretary Alejandro Mayorkas. Republicans backing Pilip, who was born in Ethiopia and served in the Israel Defense Forces, worked hard to make the special election a referendum on immigration. Special election, special circumstancesDespite Murphy's warning, many political watchers are quick to note that the New York special election is far from a perfect bellwether for the general election. New York Republican Chair Ed Cox in a statement Tuesday night blamed "the specific circumstances that brought about this special election" for Pilip's loss.

Persons: Tom Suozzi, George Santos, Stephanie Keith, they're, Mazi Pilip, Mike Johnson, Joe Biden, Donald Trump, Alejandro Mayorkas, Pilip, Suozzi, Trump, Sen, Chris Murphy, Conn, Tom Suozzi's, Murphy, Santos, Ed Cox, Biden Organizations: Democratic U.S ., Republican, Getty, Rep, Democratic, GOP, Republicans, Biden, Homeland, Israel Defense Forces, NBC News, New, Congressional, Congress, Democrats Locations: Woodbury , New York, U.S, Mexico, New York, Ethiopia

☆ New York special election shows Trump's one-man assault on early voting continues to hurt the GOP
▼ + stars: | 2024-02-14 | by ( Brent D. Griffiths | ) 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 previewHouse Republicans' main super PAC paid for private snow plows on Tuesday to ensure their voters could make it to the polls to cast their ballot in a critical New York special election. Election administrators say that Trump's favored way of running elections, a single day of hand-counted paper ballots, would be a logistical nightmare. According to the US Census Bureau, 47.1% of voters cast their ballots early in the 2022 midterms, just shy of the 49.8% of voters who voted on Election Day. AdvertisementSuozzi's challenger, Mazi Pilip, a Nassau County legislator, even cast her ballot early.

Persons: —, George Santos, Scott Jennings, Tom Suozzi, Santos, Donald Trump, Trump, Glenn Youngkin, Mazi Organizations: Service, Republicans, GOP, Politico, Business, Republican, Republican Party, Democratic, Census Bureau, Republican National Committee, Virginia Gov Locations: York, Nassau, Queens, Long, Nassau County

☆ Winter Storm New York and New England Brace for Powerful Nor’easter
▼ + stars: | 2024-02-13 | by ( Mike Ives | Isabella Kwai | ) www.nytimes.com time to read: +5 min

The wintry mess left both parties racing to rewrite last-minute campaign plans and sophisticated models to understand how the storm might affect turnout. But many Republican voters still prefer to vote on Election Day, and their party is accustomed to closing a gap. The party has won nearly every major election on Long Island since 2021, partly on the strength of its turnout operation. Peter T. King, a former Republican congressman, conceded that the snow could cost his party a couple of percentage points. Still, he predicted that the recently revived Nassau County Republican machine was up to the task.

Persons: Stephanie Keith, Dave Sanders, The New York Times Stephanie Keith, The New York Times Tom Suozzi, Mazi Pilip, George Santos, ” Steve Israel, ”, Biden, Santos, Tom Suozzi, Suozzi, Mazi, “, ” Jay Jacobs, Peter T, King, committeemen, Suozzi’s, haven’t, Mr, Jacobs, Delia DeRiggi, Bruce Blakeman, Blakeman, Ellen Yan Organizations: The New York Times, The New York Times Credit, Democrat, Republican, Queens and, Republicans, Democratic, Mr, Democratic Party, Nassau County Republican, Legislature Locations: Nassau, New York, Queens and Long, New York City, Long, Nassau County, North Shore, Whitton

☆ Trump Sees Diminishing Fundraising Returns From Combative Court Appearances
▼ + stars: | 2024-02-02 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +4 min

On Dec. 7, when Trump appeared in a Manhattan court for a civil fraud trial, his main fundraising group reported taking in around $200,000 in online contributions. The recent slowdown suggests Trump is getting diminishing returns from his legal problems as he closes in on his Republican Party's nomination to face Democratic incumbent Joe Biden in the Nov. 5 election. The Trump campaign did not immediately respond to a request for comment on the apparent fundraising slowdown. SLOWDOWNThe smaller daily hauls around Trump's legal problems in late 2023 were part of a broader slowdown in his campaign's fundraising. Trump's legal problems are also showing increasing signs of being a direct drag on the finances of his election effort.

Persons: Jason Lange, Alexandra Ulmer, Andrew Goudsward WASHINGTON, Donald Trump, Trump's, WinRed, Trump, Arthur Engoron, Joe Biden, Jason Cabel Roe, Cabel Roe, Hillary Clinton, Nikki Haley, Trump’s, Christopher Kise, Andrew Goudsward, Scott Malone, Deepa Babington Organizations: Federal, Republican, Democratic, Trump, PAC, South, New Locations: Georgia, Manhattan, WinRed, South Carolina, New York, Washington, San Francisco

WASHINGTON (AP) — Voters in Utah’s second congressional district will cast ballots Tuesday in a Thanksgiving-week special election to fill the last remaining vacant seat in the U.S. House of Representatives. Political Cartoons View All 1253 ImagesThe second congressional district includes a portion of Salt Lake County, a Democratic area that went for President Joe Biden in 2020. Here’s a look at what to expect on election night:ELECTION DAYUtah will hold a special congressional election on Tuesday. WHAT’S ON THE BALLOTThe Associated Press will provide coverage of the special congressional election in Utah’s second congressional district. WHO GETS TO VOTEAny voter registered in Utah’s second congressional district may participate in Tuesday’s special election.

Persons: Republican Celeste Maloy, Kathleen Riebe, Chris Stewart, Maloy, Becky Edwards, Bruce Hough, Riebe, outspent Maloy, Joe Biden, Donald Trump, Stewart, Donald, it’s Organizations: WASHINGTON, —, U.S . House, Representatives, Republican, GOP U.S . Rep, Democratic, Democrat, Libertarian, United, Press, WHO, AP, Statewide Locations: Utah’s, U.S, Riebe, United Utah, Salt Lake County, Utah

What happened next was a state Supreme Court election in Pennsylvania unlike any other. Such high-stakes, high-spending partisan campaigns could become standard for judicial elections in Pennsylvania, a premier presidential battleground state where the state Supreme Court has issued pivotal decisions on major election-related cases in recent years. Democrats had held a 5-2 majority on Pennsylvania's Supreme Court before Chief Justice Max Baer died last year. Democrats and their allies learned a hard lesson in Pennsylvania's 2021 race for Supreme Court, when Republicans outspent Democrats by more than $1 million. Based on reports filed thus far to the state, McCaffery and Democratic allies spent more than $13 million, compared to more than $8 million by Carluccio and her allies.

Persons: Dan McCaffery, Carolyn Carluccio, Donald Trump, that’s, ”, Shanin Specter, ” McCaffery, Roe, Wade, Max Baer, Republican Kevin Brobson, Carluccio, Jeffrey Yass —, ” Specter, Eric Stern, Matthew Brouillette, ” Brouillette, “, ” Kadida Kenner, McCaffery, ” Kenner, Marc Levy Organizations: Republican, Association, U.S, Democratic, Pennsylvania's, Supreme, Republicans outspent, Democratic Party, Democrats, New Pennsylvania Locations: HARRISBURG, Pa, Pennsylvania, Philadelphia, U.S ., Wisconsin, Allegheny County

☆ Sen. JD Vance says Republicans have to 'recognize how much voters mistrust us' on abortion
▼ + stars: | 2023-11-08 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Ohions just voted to enshrine abortion rights into the state's constitution. JD Vance, Ohio's GOP senator, says his party needs to recognize people don't trust them on abortion. AdvertisementAdvertisementRepublican Sen. JD Vance of Ohio has some tough advice for his own party after his state voted to enshrine abortion rights into the state constitution. "We have to recognize how much voters mistrust us (meaning elected Republicans) on this issue," Vance wrote on X, formerly known as Twitter. Currently in Ohio, abortion is banned after 22 weeks.

Persons: Ohions, JD Vance, —, Republican Sen, Vance, Mike DeWine, Roe, Wade Organizations: Ohio's GOP, Service, Republican, Republican Gov, Ohio GOP, Republicans Locations: Ohio's, Ohio

☆ Developing countries owe China at least $1.1 trillion – and the debts are due
▼ + stars: | 2023-11-07 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —Developing countries owe Chinese lenders at least $1.1 trillion, according to a new data analysis published Monday, which says more than half of the thousands of loans China has doled out over two decades are due as many borrowers struggle financially. Now, 55% of China’s official sector loans to developing countries have entered their repayment periods, according to the analysis of more than two decades of China’s overseas funding across 165 countries released by AidData. Instead, China is providing substantial numbers of emergency rescue loans, according to AidData. Overall funding commitments from China to the developing world declined at the start of the pandemic, according to AidData. Half of China’s non-emergency lending portfolio to developing countries is now provided via syndicated loan arrangements, with more than 80% of these arrangements involving those Western or multilateral partners, they said.

Persons: William & Mary, Xi Jinping, ”, Brad Parks, Hajarah Nalwadda, ’ AidData, ” Parks, “ Organizations: Hong Kong CNN, William &, Initiative, AidData, CNN, “, Bank of International, Getty, World Bank Locations: China, Hong Kong, Virginia, Beijing, America, Southeast Asia, Switzerland, Kiryandongo, Uganda, Xinhua, United States, AidData, Zambia, Ghana

☆ Democrats have purchased $1.2 million in ads to target Lauren Boebert, outspending Republicans by 100 times: report
▼ + stars: | 2023-11-04 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +2 min

That's inspired Democrats to heavily invest in the MAGA Republican's defeat in next year's vote. Democrats have so far outspent Republicans on advertising by 100x, The New York Times reported. AdvertisementAdvertisementColorado Rep. Lauren Boebert was first elected in 2020, handily beating her Democratic opponent by more than 25,000 votes. Democrats, including Frisch, a local businessman, have "already reserved $1.2 million in advertising for the race," which isn't until 2024, the Times reported, citing the tracking firm Ad Impact. That, according to the paper, is more than 100 times what Republicans have spent.

Persons: Lauren Boebert, That's, MAGA, —, Adam Frisch, Boebert's, Frisch, Boebert, Donald Trump, Trump Organizations: Colorado, Republicans, New York Times, Service, Democratic, Republican, Colorado Republican, GOP, Times

☆ Saudi Arabia soccer spending ranks second in the world as it bids to become global powerhouse
▼ + stars: | 2023-09-08 | by ( Matthew Ward-Perkins | ) www.cnbc.com time to read: +4 min

watch nowThe Saudi Arabian soccer transfer window has slammed shut, marking the end of a historic summer of spending from clubs based in the Gulf state. Saudi clubs outspent four of the "big five" soccer leagues, the first time another league has outspent any members of the dominant European grouping since 2016. However, human rights groups and activists have criticized the high levels of soccer investment from Saudi Arabia and other countries in the Middle East, with accusations of "sportswashing" leveled at the country. The European Club Association, which represents 220 soccer clubs from across Europe, discussed the impact of Saudi Arabia's investment in the sport at its General Assembly this month. "We believe in ourselves … we have the best competition in the world, the biggest clubs in the world, the best players in the world.

Persons: Mohamed Salah, Hilal, spender, CNBC's David Faber, Yasir Al, Rumayyan, Glazer, Nasser Al, Khelaifi, Karim Benzema Organizations: Saudi Arabia's Pro League, English Premier League, Liverpool, country's Public Investment Fund, Chelsea FC outspent, Public Investment, Manchester United Saudi, Manchester United, Saudi, European Club Association, Assembly, Champions League, Afp, Getty Locations: Saudi, Gulf, Al, Ittihad, Ahli, Hilal, Saudi Arabia, Europe

☆ It’s not just crime: What’s really going on with San Francisco’s shrinking retail district
▼ + stars: | 2023-08-30 | by ( Samantha Delouya | ) edition.cnn.com time to read: +7 min

Mapping the exodusUnion Square has historically been a major commercial hub in the heart of San Francisco’s downtown. A complicated decline in downtownThe reasons for downtown San Francisco’s economic troubles are multi-faceted. In addition, San Francisco’s downtown has experienced a rise in its unhoused population. As San Francisco’s downtown area has emptied over the last three years, property crimes and retail thefts have risen, according to San Francisco Police Department data. Travel to San Francisco has yet to recover fully to pre-pandemic levels, according to data from San Francisco International Airport.

Persons: —, ”, Elon Musk, Tesla, Francisco, “, Lori Lincoln, San Francisco —, Lincoln, Breed, Alexander Quinn, Breed’s, Sarang Peruri Organizations: Los Angeles CNN, Lease, Google, city’s, Nordstrom, CNN, Westfield, San Francisco Centre, KGO, University of California, San Francisco Police Department, San Francisco International, San Francisco Travel, Tourism, San, Oxford Economics, Asia hasn’t, San Francisco Mayor London, Francisco’s, Oxford Capital Group, Ikea, IKEA Locations: Francisco’s, United States, San Francisco’s, Union, Westfield, San Francisco, San, California, Redfin, Palo Alto, Asia, Americas, Europe, Pacific, San Mateo, Lincoln, China, Downtown, Chicago

☆ The Failed Affirmative Action Campaign That Shook Democrats
▼ + stars: | 2023-06-11 | by ( Michael Powell | Ilana Marcus | ) www.nytimes.com time to read: +1 min

The 2020 campaign to restore race-conscious affirmative action in California was close to gospel within the Democratic Party. It drew support from the governor, senators, state legislative leaders and a who’s who of business, nonprofit and labor elites, Black, Latino, white and Asian. Supporters raised many millions of dollars for the referendum and outspent opponents by 19 to 1. None of these efforts persuaded Jimmie Romero, a 63-year-old barber who grew up in the working-class Latino neighborhood of Wilmington in Los Angeles. Affirmative action was not one of those.

Persons: Kamala Harris, ”, Jimmie Romero, Mr, Romero Organizations: Democratic Party, Golden State Warriors, San Francisco Giants, 49ers, Oakland Athletics, American Civil Liberties Union of, Homelessness Locations: California, U.S, American Civil Liberties Union of Northern California, Wilmington, Los Angeles

☆ Democrats choose Chicago as the site of the 2024 convention
▼ + stars: | 2023-04-11 | by ( Natasha Korecki | ) www.cnbc.com time to read: +4 min

The Democratic Party has chosen Chicago as the site of its 2024 convention. "Chicago is a great choice to host the 2024 Democratic National Convention," Biden said in a statement. "The last Chicago convention was a huge success. It makes sense to put the Democratic National Convention in Chicago in 2024. Republicans are holding their 2024 convention in Milwaukee.

☆ Why you won't see many car ads during Sunday's Super Bowl
▼ + stars: | 2023-02-10 | by ( Michael Wayland | ) www.cnbc.com time to read: +7 min

The average cost of a 30-second commercial during last year's Super Bowl was $6.5 million, up more than $2 million over 2016 rates. Automakers — historically among the largest Super Bowl advertisers — are mostly bypassing this Sunday's NFL championship game to preserve cash or spend ad dollars elsewhere. And EV startup Polestar, whose ad was a success in the 2022 Super Bowl, said it will also not advertise this year. Ferrell also appeared in GM's Super Bowl ad promoting EVs two years ago. Stellantis has not released its ads, while GM, Kia and WeatherTech released their commercials earlier this week.

☆ Premier League clubs spend $1 bln for first time in January transfer window
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +1 min

Feb 1 (Reuters) - Premier League soccer clubs spent a record 815 million pounds ($1.00 billion) in the January transfer window, an analysis from Deloitte's Sports Business Group said on Wednesday. The London club, lying 10th in the league, paid a British record 106.8 million pounds for Argentina midfielder Enzo Fernandez from Benfica on Tuesday's transfer deadline day. Over the whole of the 2022-23 season they have spent 2.8 billion pounds on player transfers, beating the previous record of 1.9 billion pounds set in 2017-18. Relegation-threatened Bournemouth were the second largest spenders within the Premier League. "Premier League clubs have outspent those within the rest of Europe's 'big five' leagues by almost four to one in this transfer window...," said Tim Bridge, lead partner in Deloitte's Sports Business Group.

In Mississippi, Republican Gov. Andy Beshear flipped the governor’s mansion in 2019, leaving Republicans eyeing his seat as one to flip back into their column. Bel Edwards spent just under $13 million, while two outside super PACs, one Democratic and one Republican, spent a combined $18 million. In 2019, Beshear beat then-Gov. Mississippi governor’s raceIn Mississippi’s governor’s race, GOP Gov.

☆ Inside the turbulent, doomed campaign of Herschel Walker
▼ + stars: | 2022-12-08 | by ( Marc Caputo | Marc Caputo Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +14 min

Republican candidate Herschel Walker's campaign was starved for cash as it faced Sen. Raphael Warnock and his deep-pocketed Democratic allies. Beyond highlighting an intense clash in a nationally watched political campaign’s crucible, the blowup underscored the core problem of Walker’s campaign: Walker. The so-called “oppo” book, however, didn’t have information about the abortion story, which rocked Walker’s campaign. And despite the damaging information that could come out in a campaign, Walker decided to run anyway. By Election Day, Walker campaign staffers knew they were likely to lose.

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