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The results of the latest New York Times/Siena College polls showing Donald Trump leading President Biden in five crucial battleground states were bad news to many Democrats. There’s still time for Mr. Biden to win back some swing voters, but a lot of his supporters are wondering the same thing: How? Or something more personal that only the president (and not his campaign or aides) can deliver? Not all readers support Mr. Biden, of course, but the polling prompted our curiosity about strategies to run for re-election. A selection of their responses, lightly edited for length and clarity, follows.
Persons: Donald Trump, Biden, There’s, , Katherine Miller, Mr Organizations: New York Times Locations: Siena
The investigation is the second congressional inquiry into the April 11 fund-raising dinner at Mar-a-Lago, Mr. Trump’s private club in Florida. On Wednesday Mr. Trump headlined a fund-raiser for MAGA Inc., a super PAC, that was hosted by three oil executives at a five-star hotel in Houston. One host was Kelcy Warren, a billionaire who owns a pipeline empire with an ambitious international expansion plan that depends on new export terminals. Another was Harold G. Hamm, one of the pioneers of the shale oil boom that turned the United States into the world’s largest crude exporter. The third, Vicki Hollub, leads Occidental Petroleum, a Houston-based oil company.
Persons: Donald J, Trump, Kelcy Warren, Biden, Harold G, Vicki Hollub Organizations: Democrats, White, Mar, Mr, Wednesday, MAGA Inc, Occidental Petroleum Locations: Florida, Houston, Hamm, United States
CNN —Tennessee Attorney General Jonathan Skrmetti is looking into the attempted foreclosure auction of Elvis Presley’s iconic Memphis home, known as Graceland, by an alleged private investment company. On Wednesday, Naussany Investments and Private Lending LLC dropped its foreclosure efforts against Graceland. Danielle Riley Keough, Presley’s granddaughter and heir, filed a lawsuit earlier this month to halt the foreclosure sale claiming Naussany Investment’s paperwork was bogus and an attempt to defraud the family. Naussany Investments produced paperwork that Lisa Marie Presley defaulted on a $3.8 million loan, prior to her 2023 passing, and used Graceland as collateral, according to court documents. Even the notary public whose name appeared on the disputed document, told the court in an affidavit that they had never notarized Lisa Marie Presley’s signature.
Persons: Jonathan Skrmetti, Elvis Presley’s, Danielle Riley Keough, Presley’s, , Lisa Marie Presley, “ Lisa Marie Presley, Lisa Marie Presley’s, Presley, Elvis, Alicia Owens Organizations: CNN, Tennessee, Naussany Investments, State of, Graceland, Tennessee Department, Financial, Investments, Private, Department Locations: Memphis, Graceland, Shelby County , Tennessee, State, State of Tennessee, Tennessee, Kimberling City , Missouri
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. New York CNN —We can’t be 100% sure that an obscure lending company just tried to steal Graceland. Her lawsuit says that the documents Naussany presented, including a 2018 notarized promissory note signed by Lisa Marie Presley, were forged. Even the notary public whose name appeared on the disputed document, told the court in an affidavit that no, they’d never notarized Lisa Marie Presley’s signature. (“Not acquire to proceed?”)It added: “There was no harm meant on Ms. Keough for her mothers LMP mis habits and mis managing of money.”(LMP, presumably, is Lisa Marie Presley.
Persons: CNN Business ’, Elvis Presley’s, , Lisa Marie Presley, she’d, Naussany, Graceland, Riley Keough, Elvis’s, Keough, Mad Max Fury, Daisy Jones, , Naussany’s, Lisa Marie Presley’s, JoeDae Jenkins, Jenkins, ” Jenkins, Keough’s Organizations: CNN Business, New York CNN, Naussany, CNN, Naussany Investments Locations: New York, Tennessee, Graceland, Memphis, America, Shelby County, Naussany, Kimberling City , Missouri, Missouri
CNN —Plenty of people are wondering if Jennifer Lopez and Ben Affleck are having problems in their marriage, but one person had the nerve to ask in a public forum. Ben Affleck and Jennifer Lopez in "Gigli." “Jennifer Lopez and Cris Judd have announced they have resolved all issues arising out of their marriage,” the couple’s lawyers said in a statement at the time. “I feel so lucky and happy and proud to be with him,” Lopez told People magazine about reuniting with Affleck. February 2024Ben Affleck and Jennifer Lopez attend a premiere for the film "This Is Me... Now: A Love Story" in Los Angeles in February.
Persons: Jennifer Lopez, Ben Affleck, Lopez, ” Lopez, Affleck, Ben, Jen, , , Chris Judd, “ Jennifer Lopez, Cris Judd, Jenny, Ari Finegold, Harry Winston, Affleck –, Cohen, , Marc Anthony, Paul Hawthorne, “ Marc, Jennifer Garner, Anthony, There’s, Garner, I’ve, Alex Rodriguez, Dimitrios Kambouris, Richard Foreman, Warner, Affleck raved, Rodriguez, Filippo Monteforte, Matt Damon, Kevin Smith, Mario Anzuoni, Reuters Lopez, ’ ”, it’s, you’re, We’re Organizations: CNN, Getty, Warner Bros, Latina, Los, Venice Film, Wall Street, People, Reuters Locations: Mexico, , Jersey, Los Angeles, AFP, Venice, Italy, Las Vegas, Savannah , Georgia
The 61-year-old Silicon Valley veteran running Nvidia has overseen a $2 trillion surge in its value since the start of last year. Justin Sullivan/Getty ImagesThe hype behind Nvidia's chips is no joke. But competitors have been busy developing AI chips of their own to reduce reliance on Nvidia's increasingly expensive offerings. AMD CEO Lisa Su, who's Huang's cousin, is aiming to pry Nvidia customers away with a chip named the MI300X that costs between $10,000 and $15,000. If they succeed in using Triton, they could be one step closer to a future in which alternatives to Nvidia's chips are easier to use.
Persons: , Jensen Huang, Sam Altman, Mark Zuckerberg, Matt Bryson, Huang, isn't, Justin Sullivan, Taylor Swift, Nvidia's, Blackwell, Zuckerberg, Lisa Su, who's, Jensen, AMD, CUDA, OpenAI Organizations: Service, Silicon, Nvidia, Microsoft, Apple, Business, GTC, AMD, Google, Meta, Financial Times Locations: San Jose , California, Woodstock
CNN —There is no love lost between hip-hop moguls 50 Cent and Sean “Diddy” Combs. CNN has reached out to representatives for 50 Cent and Netflix for comment. Members of law enforcement are seen outside of Sean "Diddy" Combs' home in Los Angeles on March 25, 2024. Earlier this month, he released a song titled “Pick a Side” in support of his father and taking aim at critics like 50 Cent. Gareth Cattermole/Getty Images“All that gossip sh*t is whack when all they had was 50 Cent / Who put this city on the map?
Persons: Sean “ Diddy ” Combs, Combs, Cassie Ventura, Christopher Wallace, Wallace, , Tupac Shakur, Ventura, Sean, Diddy, ” Diddy, ” Combs, he’s, that’s, Christian Combs, King Combs, Justin, Aaron Dyer, ” King Combs, King, Gareth Cattermole, , “ I’m Organizations: CNN, Netflix, Department of Homeland Security Investigations, Hamptons, KCBS, Billboard Locations: Los Angeles, New York, Miami
Tangible book value , a common yardstick used to value banks, measures shareholder equity minus the value of a bank's intangible assets and goodwill. Following Dimon's comments, CNBC Pro screened for banks in the S & P 500 that also sport a price-to-tangible book value of 2 or more. With a price-to-tangible book value of 2.6, Bank of New York Mellon was the most expensive name on the list. Similar to JPMorgan, Fifth Third Bancorp has a price-to-tangible book ratio of 2. Other names on the list of expensive bank stocks included U.S. Bancorp and Discover Financial Services .
Persons: Jamie Dimon's, JPMorgan Chase, Dimon, We're, Morgan Stanley, Betsy Graseck, Graseck, Bank of New York Mellon, Vivek Juneja, , Fred Imbert Organizations: JPMorgan, CNBC Pro, Bank of New York, Fifth Third Bancorp, . Bancorp, Discover Financial Services Locations: Monday's, Cincinnati
President Biden has been battling a new phenomenon in American politics: what Democrats and pollsters have taken to calling “Trump amnesia,” a softening of feeling about his predecessor’s tumultuous term as president. But over roughly 24 hours on Tuesday, Donald J. Trump provided what looked like at least a temporary cure. He reposted a video containing the words “unified Reich,” reviving accusations that he flirts with Nazism. He hinted at the idea of restricting contraception, and rehired as a campaign aide a political operative with a record of accusations of sexual harassment. And by midmorning, Mr. Trump’s defense rested in a criminal case that threatens to forever affix a label to him that no presidential candidate has yet survived: convicted felon.
Persons: Biden, “ Trump, Donald J, Trump, Trump’s, midmorning Organizations: pollsters
Urban Outfitters — The clothing retailer slid 4.6% despite posting a fiscal first-quarter beat, after trading higher before Tuesday's opening bell. Urban Outfitters reported adjusted earnings of 69 cents per share, higher than the 52 cents per share analysts polled by LSEG had expected. First Solar — Shares surged more than 18% in midday trading. Other alt energy stocks also surged, in part owing to enthusiasm that AI will lift power demand. Bloom Energy surged 18%; Sunnova Energy added 14%; and Enphase Energy , Fluence Energy and Sunrun were all up 10%.
Persons: Goldman Sachs, LSEG, , Alex Harring, Lisa Kailai Han, Jeff Greenberg Organizations: Goldman, Urban Outfitters, Garmin, Bank of America, , Toll, Citi, Tesla, Elon, Bloomberg, UBS, Bloom Energy, Sunnova Energy, Enphase Energy, Fluence Energy, Sonoma, Universal, Getty Locations: Massachusetts, Europe, FactSet, Miami Beach , Florida
CNN —The future of Graceland, Elvis Presley’s historic Memphis home, could be determined in court Wednesday after a bizarre set of events set the late singer’s granddaughter against a mysterious company that claimed Elvis’ daughter gave it Graceland’s deed. In a signed affidavit, the notary public denied ever notarizing anything that Lisa Marie Presley had signed. An estate in disputeFollowing Lisa Marie Presley’s death, Keogh and her grandmother, Priscilla Presley, fought over the rights to her estate – including Graceland. In 2004, Lisa Marie Presley sold 85% of Elvis Presley Enterprises’ assets in a deal reportedly worth more than $100 million. Lisa Marie Presley annually earned seven figures from it, based on a court filing in her 2022 divorce.
Persons: Elvis, Elvis ’, , Danielle Riley Keough, Keough, Lisa Marie Presley, Naussany, Presley, Naussany isn’t, , “ Lisa Marie Presley, Elvis Presley, “ Elvis Presley, Lisa Marie Presley’s, Keogh, Priscilla Presley, Graceland, Mad Max Fury Organizations: CNN, Chancery, Naussany Investments, Elvis Presley Enterprises, Graceland’s, Graceland Locations: Memphis, Shelby County , Tennessee, Graceland, Kimberling City , Missouri, Missouri,
Specifically, analyst Chris Schott called Eli Lilly one of his highest conviction opinions. Analyst Harlan Sur noted that one of his top picks includes semiconductor manufacturer Broadcom , which has rallied 25% in 2024. In the report, the bank also highlighted data centers as an area that investors should watch. As demand grows for data centers, beneficiaries could include stocks such as Vertiv , up an eye-watering 106% in 2024, which is one of analyst Steve Tusa's highest conviction picks in the electrical equipment industry. Other stocks JPMorgan listed in the report include Delta Airlines and Carvana .
Persons: Chris Schott, Eli Lilly, Harlan Sur, Steve Tusa's, Rajat Gupta, — CNBC's Michael Bloom Organizations: JPMorgan, Dow Jones, Major Pharma, Broadcom, Delta Airlines
FCC is considering AI rules for political ads
  + stars: | 2024-05-22 | by ( Brian Fung | ) edition.cnn.com   time to read: +3 min
Washington CNN —The Federal Communications Commission is taking initial steps toward new rules that could require political ads on TV and radio to include disclaimers about the use of artificial intelligence. Under the proposed rules, political advertisers on those mediums would have to make on-air disclosures if their ads contain AI-generated content. The FCC move seeks to fill a yawning gap in the regulation of artificial intelligence in political advertising. In March, a bipartisan proposal by Minnesota Democratic Sen. Amy Klobuchar and Alaska Republican Sen. Lisa Murkowski unveiled the AI Transparency in Elections Act, which could require AI disclaimers on political ads. Online platforms such as Meta have taken their own steps to address AI in political ads, requiring campaigns to disclose the use of deepfakes and banning the use of its in-house generative AI tools for political advertising.
Persons: Jessica Rosenworcel, ” Rosenworcel, I’ve, , , Minnesota Democratic Sen, Amy Klobuchar, Alaska Republican Sen, Lisa Murkowski, Chuck Schumer Organizations: Washington CNN, Federal Communications Commission, , FCC, Federal, FEC, Minnesota Democratic, Alaska Republican, Meta Locations: Alaska, New York
It's been 47 years since Elvis Presley died, but legions of fans still flock to Memphis, Tennessee, to see the sprawling Graceland estate the star once called home. Rock 'n' roll singer Elvis Presley stands in front of his Graceland estate. Michael Ochs Archives/Getty ImagesPer the official Graceland website, Presley lived in the mansion from 1957 until his death in 1977. Located off a highway that was renamed Elvis Presley Boulevard in 1971, the two-story residence sits on 13.8 acres of land. According to the website, it has hosted over 20 million visitors from across the globe.
Persons: It's, Elvis Presley, Michael Ochs, Presley, Presley's, Lisa Marie Presley, Lisa Marie's, Riley Keough Organizations: Michael Ochs Archives, Graceland, Naussany Locations: Memphis , Tennessee, Graceland, USA
CNN —Kristin Chenoweth had a personal reaction to the footage of Sean “Diddy” Combs assaulting his former girlfriend, Cassie Ventura. “Honestly i have my reasons for the Sean Combs video bothering me so much. When a commenter implored Chenoweth to instead “pray for victims’ deliverance, not for evil abusers,” the actor and singer opened up about the intent of her message. Combs‘ decision to settle the lawsuit does not in any way undermine his flat-out denial of the claims. There yall go.”Editor’s Note: If you or someone you know is struggling with intimate partner violence, there are resources available, including the National Domestic Violence Hotline.
Persons: CNN — Kristin Chenoweth, Sean “ Diddy ” Combs, Cassie Ventura, Sean Combs, ” Chenoweth, Chenoweth, , Combs, Ventura, ” Ben Brafman, “ Mr, , yall Organizations: CNN
Damaging storms brought punishing winds and possible tornadoes to Iowa on Tuesday afternoon, leaving at least one dead and causing considerable destruction in the latest in a run of severe weather to have struck the Midwest in recent weeks. A woman suffered a storm-related death in Adams County, according to Lisa Brown, the county’s medical examiner. One of the structures appeared to have caught fire, releasing a large plume of smoke. Footage circulating on social media appeared to show extensive damage in a residential area of Greenfield, Iowa, a small city of about 2,000 residents in Adair County about 50 miles southwest of Des Moines. Video captured by a storm chaser showed a stretch of homes that had been reduced to piles of wood and rubble, and people being escorted away by emergency officials.
Persons: Lisa Brown Organizations: Des Moines . Locations: Iowa, Adams County, Des Moines, Greenfield , Iowa, Adair County
Lawyers for the actress Riley Keough, the granddaughter of Elvis Presley, have sued to stop what they say is a fraudulent scheme to sell Graceland, the family’s cherished former home in Memphis. Court papers that Ms. Keough’s lawyers filed this month claim that a company planning to auction off Graceland is fraudulently claiming that her mother — Elvis’s daughter, Lisa Marie Presley, who died in 2023 — had borrowed money and put Graceland up as collateral. The papers say that the company, Naussany Investments & Private Lending LLC, “appears to be a false entity” and that the documents it presented about the loan were also fake. “There is no foreclosure sale,” Elvis Presley Enterprises, which operates Graceland, said in a statement, in which it also said that the lawsuit had been filed to “stop the fraud.”Graceland, a popular tourist attraction, is a major source of income for Elvis Presley Enterprises and the family trust.
Persons: Riley Keough, Elvis Presley, , Lisa Marie Presley, Organizations: Graceland, Naussany Investments, Lending, Elvis Presley Enterprises Locations: Memphis, Graceland
Check out the companies making headlines after the bell : Urban Outfitters — The clothing retailer added nearly 8% after beating estimates on its first-quarter results. Viasat — Shares of the communications company slid nearly 13% after Viasat posted a loss of 80 cents per share in the fiscal fourth quarter. The result was worse than the loss of 63 cents per share analysts had predicted, according to LSEG. Toll Brothers posted fiscal second-quarter earnings of $4.55 per share on revenue of $2.65 billion. Modine's fiscal fourth-quarter revenue of $603.5 million came in below the $605.4 million expected by analysts, according to FactSet.
Persons: LSEG, , Darla Mercado Organizations: Urban Outfitters, Viasat —, Viasat, Toll, XP, Modine Manufacturing
Lowe's — The home improvement stock fell 2.9% despite the company posting a first-quarter earnings and revenue beat. By comparison, analysts surveyed by FactSet had penciled in $1.45 in earnings per share on $1.21 billion in revenue. XPeng — U.S-listed shares jumped nearly 5% after the Chinese EV company topped first-quarter estimates for revenue and said it anticipates a rise in quarterly deliveries. AutoZone reported $4.24 billion in revenue for the quarter, below the $4.29 billion expected by analysts, according to FactSet. Sprout Social — Shares dropped 4% after Sprout Social responded to a Reuters report, citing sources familiar, that said its founders are in talks to take the social media strategy company private.
Persons: Lam, Macy's, Tony Spring, Marvin Ellison, BlackLine, FactSet, Keysight, AutoZone, Li Auto, Li, Yun Li, Jesse Pound, Sarah Min, Alex Harring, Lisa Han, Samantha Subin Organizations: AstraZeneca — U.S, Traffic Safety Administration, Dell Technologies, Citi, Baird, Palo Alto Networks, Keysight, EV, Reuters, Li Auto Locations: billings,
Early in his term, President Biden seemed to have struck an uneasy truce with the oil and gas industry. Mr. Biden had imposed restrictions on drilling as part of his ambitious climate agenda, but he also approved an enormous $8 billion oil project in Alaska. The United States had become the world’s leading exporter of natural gas, and no other country in history was pumping more crude. Then, in January, Mr. Biden paused new permits for export facilities for liquefied natural gas. That decision galvanized oil and gas companies against Mr. Biden, according to industry lobbyists, and will be an undercurrent at a fund-raising lunch set for Wednesday in Houston.
Persons: Biden, Donald J, Trump, Mr, , , Thomas J, Pyle Organizations: United, Mr, American Energy Alliance Locations: Alaska, United States, Houston
The Crypto Comeback
  + stars: | 2024-05-21 | by ( Sabrina Tavernise | David Yaffe-Bellany | Will Reid | ) www.nytimes.com   time to read: 1 min
This month, customers of FTX — Sam Bankman-Fried’s cryptocurrency exchange, which collapsed in 2022 — were told that they would get their money back, with interest. David Yaffe-Bellany, our technology reporter, explains what was behind this change in fortune and what it says about the improbable resurgence of crypto.
Persons: Sam Bankman, , David Yaffe
U.S. stock futures were little changed on Tuesday night as investors looked ahead to the widely-anticipated release of Nvidia 's latest earnings report. Dow Jones Industrial Average futures hovered near the flatline, as did futures tied to the S&P 500 and Nasdaq 100 . The moves followed the S&P 500 and Nasdaq Composite 's new record-setting closes on Tuesday afternoon. The stock has rallied nearly 93% so far in 2024 and added 0.6% during Tuesday's trading session. Traders will also watch out for minutes from the latest Federal Open Market Committee meeting, alongside April's existing home sales.
Persons: Charles Schwab's, Liz Ann Sonders, Raymond James Financial Organizations: Nvidia, Dow Jones Industrial, Nasdaq, Urban Outfitters, Dow Jones, Devices, Wednesday, Traders
Riley Keough is fighting to stop the auction of Elvis Presley's Graceland estate. Lisa Marie Presley used Graceland as collateral when taking out a loan, per a public notice. AdvertisementElvis Presley's granddaughter, the actor Riley Keough, is fighting to prevent the auction of his iconic Graceland estate. Last week, a public notice announced the foreclosure sale of the Memphis property. According to the notice, the home was scheduled for a public auction on Thursday at the Shelby County Courthouse.
Persons: Riley Keough, Elvis Presley's, Lisa Marie Presley, Keough, Organizations: Service, Trust, Naussany Investments, Lending, Business Locations: Memphis, Graceland, Shelby
Kelley used to drive 30 minutes across the Kentucky border every morning to work as a security guard. A growing number of American households can barely pay their bills but make too much to qualify for government assistance. Kelley can't afford healthcare and has started selling her plasma for extra moneyKelley said her top expenses are housing and food. She also said it's a lot more difficult to qualify for government assistance since she isn't actively supporting children. "If you make too much, there's no help; if you are healthy, there's no help; if you don't have kids, there's no help."
Persons: , Lisa Kelley, Kelley, she's, ALICE —, ALICE, I've, She's, isn't Organizations: Service, Business, Survey, United Way's, Medicare Locations: Cincinnati, Kentucky, DollarTree
President Joe Biden and Democrats have tried unsuccessfully to restore nationwide abortion rights since the Supreme Court issued its landmark reversal of Roe in 2022. AdvertisementHogan's position makes him one of the few prominent Republicans to support abortion rights. When he first announced his Senate run, Hogan initially said he needed to think more about his position on abortion rights. Democrats have already placed abortion rights on the Florida ballot this November. No Republican Senate is going to make a serious effort to codify Roe, given the party's near-universal support to restrict abortion rights.
Persons: , Larry Hogan, Roe, Hogan, Wade, he's, Joe Biden, Angela Alsbrooks, Alsobrooks, David Trone, Susan Collins of, Lisa Murkowski, codifying Roe, Donald Trump, Mitch McConnell, Court's Dodds, hasn't, it's, Trump Organizations: Service, Maryland Gov, GOP, Democrats, Business, Prince, Wine, Republicans, Press, Senate, Biden, Republican Senate Locations: Prince George's County, Susan Collins of Maine, Alaska, Maryland, Florida, Arizona
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