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President Biden on Friday praised Senator Chuck Schumer’s call on Israel to hold new elections to replace the prime minister, calling it “a good speech” without endorsing specifics in it. Mr. Biden said that Mr. Schumer, a Democrat from New York and the Senate majority leader, had informed his White House staff in advance of the speech in which he excoriated Prime Minister Benjamin Netanyahu and urged Israelis to call elections to replace him. “I’m not going to elaborate on the speech,” Mr. Biden said in response to a reporter’s question as he hosted the visiting Irish prime minister at The White House. “He made a good speech, and I think he expressed a serious concern shared not only by him but by many Americans.”In his speech on the Senate floor on Thursday, Mr. Schumer went further than any senior American official has in castigating Mr. Netanyahu for the conduct of the war against Hamas. The Israeli offensive in Gaza has killed more than 30,000 civilians and members of Hamas since the Oct. 7 terrorist attack on Israel killed 1,200 people.
Persons: Biden, Chuck Schumer’s, Schumer, Benjamin Netanyahu, “ I’m, Mr, , , Netanyahu, Israel ” Organizations: White House, excoriated, Irish, American, Hamas, Israel, Mr Locations: Israel, New York, Gaza
The White House insisted on Friday that House Republicans end their effort to impeach President Biden, declaring that “enough is enough” after their monthslong inquiry failed to turn up promised evidence of high crimes and misdemeanors. “It is obviously time to move on, Mr. Speaker,” Edward N. Siskel, the White House counsel, wrote in a four-page letter to Speaker Mike Johnson. “This impeachment is over. A number of Republicans have cast doubt on the venture, and even some champions of impeachment have now concluded that they could not muster a majority if they sent articles to the floor charging Mr. Biden. The White House hopes to capitalize on Republicans’ disarray, in effect calling their bluff and daring them to put up or shut up, although the hard-liners in the G.O.P.
Persons: Biden, ” Edward N, Siskel, Mike Johnson, , Hunter Biden Organizations: Republicans, Republican
Al Meer confirmed to CNBC that Qatar Airways is now developing a high-yielding First Class concept for its cabins. Along with preparing its First Class proposal, Qatar Airways is redesigning its premium "Q-Suite" class of seats, and the latest offering is set to debut at the Farnborough International Airshow in July. A Qatar Airways Boeing 777 In New York. Leslie Josephs | CNBCThe new aircraft order proposal follows a major legal dispute between Qatar Airways and Airbus over safety concerns caused by paint degradation. Al Meer also said Qatar Airways would halt Al Baker's plans for a fast "phase-out" of the flagship Airbus A380.
Persons: Badr Mohammed Al Meer, Al Meer, Qatar's, Akbar Al Baker, Leslie Josephs, Max, Al Baker's Organizations: Qatar Airways, Boeing, Airbus, CNBC, International Airport, Farnborough, Qatar, Qatar Airways Boeing, Rival Emirates Locations: Al, China, India, Australia, Japan, Korea, New York
The Irish prime minister’s annual St. Patrick’s Day visit to the White House is typically a cheerful break in any American president’s schedule of stressful meetings and trips, especially for President Biden, who never misses a chance to celebrate his Irish heritage. But the traditional shamrock camaraderie of this year’s get-together will be tempered by an undercurrent of tension stemming from the war in the Middle East. “I will ask America to get involved once again in the drive for peace,” Mr. Varadkar told reporters in Boston earlier this week. In Washington on Thursday, he said he anticipated that there would be a difference of opinion over the war when he reaches the Oval Office on Friday. “I have to say, I believe President Biden’s heart is in the right place there,” he said.
Persons: Patrick’s, Biden, Leo Varadkar, , ” Mr, Varadkar, that’s, , Biden’s Organizations: America, Israel Locations: St, Ireland, Boston, Washington, U.S, Egypt, Qatar, Saudi Arabia, Israel
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with J. Rogers Kniffen WWE CEO Jan Kniffen and D.A. Davidson's BakerJan Kniffen, J. Rogers Kniffen WWE CEO, and Michael Baker, D.A. Davidson retail analyst, joins 'Squawk on the Street' to discuss the latest bid for Macy's, what happens to Macy's if the deal goes through, and Baker's thoughts on Dick's Sporting Goods.
Persons: Rogers Kniffen, Jan Kniffen, Davidson's Baker Jan Kniffen, J, Michael Baker, D.A, Davidson Organizations: J, Rogers Kniffen WWE, Macy's, Sporting Goods
Morgan Stanley is offering up alternative ways to play artificial intelligence beyond the usual tech "enablers" that have come to dominate investor attention. A report issued Tuesday entitled "15 Ways to Play AI" anticipates a "broadening out of the AI theme over the remainder of 2024 and into 2025" and notable AI adoption in areas such as gaming, education and biotechnology. The study, an outgrowth of Morgan Stanley's technology, media and telecom investment conference last week, highlights "the Tech Diffusion theme from all angles and all geographies." Against this backdrop, here are some of Morgan Stanley's top picks as AI broadens out: Several popular technology stocks made the list alongside AI mainstays such as Nvidia , Microsoft and Alphabet . Morgan Stanley included workplace management software company Asana on two of its AI lists, one of companies that are likely to get a productivity boost from AI, and another that highlighted "Global Adopters" of AI.
Persons: Morgan Stanley, Morgan, Edward Stanley, , Stanley, Morgan Stanley's, Oracle, Asana, Baker Hughes, Prologis, AbbVie Organizations: Microsoft, Meta, Edge, Companies, Nvidia, Apple, Baidu, Palantir Technologies Locations: London, Europe, ASAN
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMacy's board could get to the point of selling company as bid rises, says Jan KniffenJan Kniffen, J. Rogers Kniffen WWE CEO, and Michael Baker, D.A. Davidson retail analyst, joins 'Squawk on the Street' to discuss the latest bid for Macy's, what happens to Macy's if the deal goes through, and Baker's thoughts on Dick's Sporting Goods.
Persons: Jan Kniffen Jan Kniffen, J, Rogers Kniffen, Michael Baker, D.A, Davidson Organizations: Rogers Kniffen WWE, Macy's, Sporting Goods
But American apps have long been barred in China. “The TikTok bill appears likely to become law and China’s displeasure seems ironic, if not hypocritical, given its stance toward American social apps,” said Brock Silvers, managing director at Kaiyuan Capital. The Chinese government has said it strongly opposes a forced sale of TikTok, and it has the legal ability to do so. A man walks past the headquarters of ByteDance, the parent company of TikTok, in Beijing. “While China has completely banned [these] American apps, TikTok enjoys all the benefits of America’s free and open legal and political systems,” he said.
Persons: Hong Kong CNN — TikTok, ByteDance doesn’t, Wang Wenbin, , Brock Silvers, Wang, Joe Biden, TikTok, CNN Beijing’s, Trump, Greg Baker, , Winston Ma, Silvers, Alex Capri, Craig Singleton, “ We’ve, ” Capri Organizations: Hong Kong CNN, US, Foreign Ministry, Google, Kaiyuan, Chinese Commerce Ministry, ByteDance, Trump, CNN, Commerce Ministry, Getty, New York University School of Law, Foundation, National University of Singapore Business School, Foundation for Defense of Democracies, Weibo, Twitter, Facebook Locations: China, Hong Kong, United States, Beijing, TikTok, ByteDance, AFP, Washington, Washington , DC
CNN —Invited to speak at a roundtable discussion with a handful of US Senators on Capitol Hill Tuesday, former football coach Nick Saban spoke about how the current landscape of college athletics contributed to his decision to retire from the University of Alabama after the 2023 season. “All the things that I believed in for all these years, 50 years of coaching, no longer exist in college athletics,” Saban said at the roundtable, a video of which was posted online by Sen. Ted Cruz (TX). “I’m for student athletes being able to share in some of this revenue. Second, committ to work with their peer institutions in this subdivision to create rules that may differ from the rules in place for the rest of Division I. At the conclusion of the roundtable, Saban again expressed his worry for the future of college sports.
Persons: CNN —, Nick Saban, ” Saban, Sen, Ted Cruz, ” “, , I’m, Saban, , “ I’m, couldn’t, Charlie Baker, Baker, IX, committ, it’s Organizations: CNN, Senators, Capitol, University of Alabama, Alabama, LSU, NCAA Division, NCAA Locations: Ted Cruz (, Division
They were there to talk about classified documents, but somehow President Biden’s mind had turned to Mongolia. Something about being handed a bow and arrow during a visit and embarrassing his host. “Pure luck, I hit the goddamn target,” Mr. Biden recalled. Mr. Biden described giving an oration in law school on a case he had not read and lying his way into an exclusive club in Delaware. He recounted his time with President Barack Obama and trying to “save his ass” from manipulative generals.
Persons: Biden’s, Mr, Biden, , Barack Obama, Robert K, Hur, Richard M Organizations: Mr Locations: Mongolia, Mongolian, Delaware
Their November collision began to look even more likely after Mr. Trump scored a decisive win in Iowa in January. Already, Mr. Trump and Mr. Biden had shifted their focus away from the primaries. But Mr. Biden has already been using the political and financial apparatus of the Democratic National Committee. Mr. Biden is viewed unfavorably by a majority of Americans — a precarious position for a president seeking re-election — although so is Mr. Trump. Mr. Biden and his allied groups also have a significant financial advantage over Mr. Trump, whose legal bills are taking a toll.
Persons: Biden, Donald J, Trump, Mr, Nikki Haley, Biden’s, , Joe Biden, , Haley, Trump’s, California’s, Robert F, Kennedy Jr, Dean Phillips, Marianne Williamson, Juan M Organizations: Tuesday, Associated Press, Democratic, Republican, Mr, Washington State, Democratic National Committee, Republican National Committee, D.C, Dean Phillips of Minnesota, Manhattan Locations: Iowa, Georgia, Georgia , Mississippi, Hawaii, Vermont, Washington, Gaza, New York
The Polish president, Andrzej Duda, said that the Russian invasion of Ukraine had made clear that NATO must take more seriously the possibility that Moscow would move against one or more members of the alliance. To prepare for that, he said, each NATO country should spend at least 3 percent of its own economy on military needs, up from a current goal of 2 percent. “A return to the status quo ante is not possible,” Mr. Duda wrote in The Washington Post before the meeting at the White House on Tuesday. “Vladimir Putin’s regime poses the biggest threat to global peace since the end of the Cold War.”The proposal to increase NATO military spending may not be adopted anytime soon by many allies that have yet to meet even the 2 percent target. But it reflects the tension within the alliance between its easternmost members, which feel most acutely vulnerable to Russian revanchism, and westernmost members, which are less alarmed and more eager to find a diplomatic resolution to the Ukraine war.
Persons: Biden, Andrzej Duda, Mr, Duda, “ Russia’s, , “ Vladimir Putin’s Organizations: NATO, Washington Post, White Locations: Poland, Europe, United States, Ukraine, Moscow, NATO, Washington, Russia, Russian
The White House denied on Tuesday that President Biden had set any “red lines” for Israel in its campaign against Hamas in Gaza but warned again that Israel should not attack the city of Rafah, the southernmost city in the enclave, without protections for more than a million people sheltering there. “The president didn’t make any declarations or pronouncements or announcements,” said Jake Sullivan, the president’s national security adviser, referring to an interview Mr. Biden gave over the weekend in which he was asked whether he had a “red line” Israel should not cross in its prosecution of the war. In the interview, with MSNBC, Mr. Biden rebuked Prime Minister Benjamin Netanyahu of Israel over the rising civilian death toll in Gaza, saying that “he must pay more attention to the innocent lives being lost” and that “he’s hurting Israel more than helping Israel.”Mr. Netanyahu later dismissed that contention as “wrong,” and on Tuesday he again defended Israel’s efforts to minimize civilian casualties. Mr. Sullivan, who met on Tuesday with Israel’s ambassador, Michael Herzog, declined to discuss reports that Mr. Biden, if Israel proceeded with the Rafah operation, might impose restrictions on how Israel can use the arms the United States is supplying it. “We’re not going to engage in hypotheticals about what comes down the line, and the reports that purport to describe the president’s thinking are uninformed speculation,” Mr. Sullivan said.
Persons: Biden, didn’t, , Jake Sullivan, Benjamin Netanyahu, Israel, , ” Mr, Netanyahu, Sullivan, Michael Herzog, “ We’re Organizations: White, Hamas, MSNBC, American Israel Public Affairs Committee, Israel, Israel’s Locations: Israel, Gaza, Rafah, Washington, United States
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicIn 2020, motivated to try a different way to combat drug use, Oregon voted to decriminalize the possession of small amounts of hard drugs including fentanyl, heroin and methamphetamine. Things didn’t turn out as planned. Mike Baker, a national reporter for The Times, explains what went wrong.
Persons: Mike Baker Organizations: Spotify, The Times Locations: Oregon
Opinion | Democrats Need to Stop Playing Nice
  + stars: | 2024-03-11 | by ( Joe Klein | ) www.nytimes.com   time to read: +1 min
There is a moment in the 2008 HBO movie “Recount” that illuminates an essential difference between Republicans and Democrats. Warren Christopher, a courtly former secretary of state, represents the Democratic candidate Al Gore. Democrats litigate; Republicans fight. Democrats float toward an almost helium-infused state of high-mindedness; Republicans see politics as a no-holds-barred cage match. But given the party’s recent history, the Democrats will probably need some CRISPR editing to their DNA.
Persons: Warren Christopher, Al Gore, , ” James Baker, George W, Bush, Christopher, Baker, Biden’s Organizations: HBO, Democrats, Democratic, Democrats litigate, Republicans, Union Locations: Florida, United States, Biden’s pugilistic State
TAMPA, Fla. (AP) — Baker Mayfield is staying with the Tampa Bay Buccaneers after agreeing to a three-year contract worth up to $115 million, a person familiar with the deal told The Associated Press on Sunday. The person spoke to the AP on condition of anonymity because the agreement, which includes $50 million guaranteed, had not been finalized. The Tampa Bay Times reported Mayfield will receive $30 million in 2024 and $30 million in 2025, with $20 million guaranteed in the second year of the deal. Mayfield agreed to terms two days after Tampa Bay finalized a two-year, $52 million contract with star receiver Mike Evans, who also passed up an opportunity to test his worth in free agency. The Bucs are also interested in extending the contract of left tackle Tristan Wirfs, who's due to earn a fifth-year option salary of $18.2 million next season.
Persons: — Baker Mayfield, Mayfield, Tom Brady, Dak Prescott, Mike Evans, Evans, Mayfield’s, Liam Coen, Dave Canales, Coen, Jason Licht, Antoine Winfield, who's, Lavonte David, Chase McLaughlin, Tristan Wirfs, Rob Maaddi, ___ Organizations: Tampa Bay Buccaneers, Associated Press, Tampa Bay Times, Bucs, NFC, Cleveland Browns, Carolina Panthers, Los Angeles Rams, NFL, Tampa Bay's, Philadelphia, Detroit, Tampa, Panthers, Rams, AP Pro Football Locations: TAMPA, Fla, Mayfield, Tampa
Mr. Trump met with Ms. Riley’s parents before taking the stage, and the Trump campaign distributed signs at the rally with Ms. Riley’s photograph. At one point, Mr. Trump slurred his words and pretended to stutter in a mocking imitation of the president, who has dealt with a stutter since childhood. It was one of several such attacks Mr. Trump lobbed during the event. Mr. Trump called Ms. Willis “corrupt,” referring to allegations that she benefited financially after becoming romantically involved with a lawyer whom she hired on the case. “Perfect phone call,” Mr. Trump said, “other than we challenged the honesty of this election.
Persons: Donald J, Trump, Biden’s, Joe Biden, , Mr, Biden, Laken Riley, ” Mr, Riley’s, Trump’s, Riley, “ Joe Biden, Megyn Kelly, Jeff Zucker, Fani, Willis, Willis “, , Maggie Haberman Organizations: Saturday, stoke, Republican, Trump, Mr, State, NBC Locations: Biden’s, Rome, Georgia, United States, Venezuelan, South America, America, New York
It's been three decades since the Sony PlayStation first brought to life some of the video game industry's most beloved franchises. The gaming console expanded into the U.S. a year later in 1995. "We went into markets where video gaming had never really been a thing. Most recently, Microsoft's $69 billion Activision Blizzard acquisition presented a major threat to Sony's long-standing gaming business. Watch the video to learn more about the story of Sony's PlayStation and to hear what is next for the company.
Persons: It's, Jim Ryan, Ryan, Shawn Layden, Layden, Carolina Milanesi Organizations: Sony PlayStation, Sony Interactive Entertainment, PlayStation, Nintendo, Sega, Sony Interactive Entertainment Worldwide, Sony Music, Sony Electronics, Activision Blizzard, Activision, Microsoft, Sony Locations: Japan, U.S, Europe, Italy, Spain
President Biden and former President Donald J. Trump will both campaign in Georgia today, kicking off their likely general-election battle for a state that Mr. Biden won by a tiny margin in 2020. Mr. Trump will hold a rally in Rome, a city of about 38,000 people in the state’s deeply conservative northwest. Vice President Kamala Harris will also campaign on Saturday in Nevada, a battleground state that she and Mr. Biden won in 2020. Mr. Biden beat Mr. Trump in Georgia in 2020 by just 11,779 votes. In Mr. Trump’s vast effort to deny Mr. Biden his electoral victory, he devoted particular attention to the state.
Persons: Biden, Donald J, Trump, Kamala Harris, Mr, Willis Organizations: Mr Locations: Georgia, Rome, Atlanta, Fulton, Jail, Nevada, Fulton County, American
“This is the United States of America, and it is past time, in my opinion, that we start acting like it,” Ms. Britt said. “President Biden’s border policies are a disgrace.”As a rhetorical device, it would be hard conjure up a more powerful and resonant example. In a video released shortly after that trip, Ms. Britt discussed Ms. Jacinto’s experiences. “I thought it was very strange.”She said she preferred to keep politics out of the question of human trafficking. “The work I do is not a game.”A spokesman for Ms. Britt, Sean Ross, stood behind her speech.
Persons: Katie Britt, Donald J, Britt, Ms, George W, Bush, Biden, Biden didn’t, , , Karla Jacinto Romero, Jacinto, Jonathan Katz, Sean Ross, Mr, Ross, Andrew Bates, Britt’s, Marsha Blackburn, Rosi Orozco, Blackburn, Karla, ” Andy McCullough, that’s, Pope Francis, Chris Smith of, McCullough Organizations: Republican, White, Times, Biden, U.S, Vatican Locations: Alabama, Montgomery , Ala, Biden’s, United States of America, Mexican, United States, Texas, Mexico, TikTok, U.S, Latin America, Eagle Pass , Texas, Tennessee, Chris Smith of New Jersey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Sony Playstation became the world's best-selling game consoleSony's PlayStation has won over the loyalty of millions of gamers worldwide, and industry experts cite its video game content library as one of the primary reasons why. Sony Interactive Entertainment is just one player in the $280+ billion gaming industry, but its PlayStation 2 hold's the industry's title for best-selling console ever. Watch the video to see how Sony built its gaming empire.
Organizations: Sony, Sony Interactive Entertainment
President Biden signed a $460 billion spending package on Saturday to avert a shutdown of critical federal departments even as lawmakers continue to wrestle over a financing blueprint for many other agencies more than halfway into the current fiscal year. The president finalized the legislation before leaving his home in Wilmington, Del., to fly to Atlanta for a campaign rally. It will extend funding through the rest of the fiscal year, ending Sept. 30, for about half of the government, including the Departments of Agriculture, Energy, Justice, Transportation, Housing and Urban Development, and Veterans Affairs. In his short tenure, Speaker Mike Johnson has made clear his desire to avoid a shutdown, even to the point of relying on Democratic votes, but the path ahead remains tricky. “Thank you,” he wrote, naming the eight “for their leadership.”
Persons: Biden, Mike Johnson, Organizations: Agriculture, Energy, Justice, Transportation, Housing, Urban Development, Veterans Affairs, Pentagon, Homeland Security Department, Democratic, White Locations: Wilmington, Del, Atlanta
President Biden expressed regret on Saturday for using the word “illegal” to describe an undocumented immigrant who has been charged in the killing of a 22-year-old nursing student in Georgia, agreeing with his progressive critics that it was an inappropriate term. Mr. Biden used the word during an unscripted colloquy with Republicans during his State of the Union address on Thursday night, and then came under fire from immigration supporters who consider the term dehumanizing. Among those who said he should not have used it were several congressional Democrats. “I shouldn’t have used ‘illegal’; it’s ‘undocumented,’” Mr. Biden said on Saturday in an interview with Jonathan Capehart on MSNBC, during which he addressed his disagreements with former President Donald J. Trump. I’m not going to treat any, any, any of these people with disrespect.”
Persons: Biden, , , Mr, Jonathan Capehart, Donald J, ’ ”, I’m, Organizations: Republicans, MSNBC, Trump Locations: Georgia
But where banks' exposure to commercial real estate is concerned, locating that fire may be difficult. Rising interest rates quickly increased the cost of borrowing for investors in commercial real estate, including offices and multifamily homes. It doesn't reveal details such as borrowers' track records, said Mark Hillis, a former chief risk officer for commercial real estate at JPMorgan. There's also varying concentration risk: the largest banks with commercial real estate exposure are more diversified, meaning that any losses won't be as devastating, Baker said. "We think very few banks will run into issues just from their commercial real estate exposure," Reidy said.
Persons: Michael Barr, Jerome Powell, Todd Baker, Mark Hillis, Clifford Rossi, Robert H, Rossi, Baker, There's, Hillis, multifamily, haven't, You'll, Banks, you'll, Rebel Cole, NYCB, Matt Reidy, Reidy, Cole Organizations: Federal Reserve, Business, York Community Bank, SEC, Richman Center for Business, Law, Columbia University, JPMorgan, Smith, Smith School of Business, University of Maryland, Mortgage Banker's Association, Bank, Signature Bank, First, Countrywide Bank, Washington Mutual, Citigroup, multifamily, Florida Atlantic University, Federal, Regulators, TCRE, Equity RCRE, Community Bank, Provident Bank NJ, Merchants Bank of Indiana, Apple Bank for Savings, Oceanfirst Bank, Independent Bank, Lakeland Bank NJ, Ozk, Washington Federal Bank WA, Axos Bank, Sandy Spring Bank, Columbia Bank NJ, Farmers, Merchants Bank of CA, Popular Bank, Pacific Premier Bank, United Bank, Trust, Rockland Trust, Umpqua Bank, ServisFirst Bank, Bell Bank, Stellar Bank, National Bank of, National Bank of Florida FL, New York Community Bank Locations: multifamily, Basel, CRE, California, Rockland, National Bank of Florida
Credit Credit... The focus was a sign of how political the president’s address had been — and how central Mr. Trump is to Mr. Biden’s own political future. Video transcript Back bars 0:00 / 0:56 - 0:00 transcript In its decision to overturn Roe v. Wade, the Supreme Court majority wrote the following. Image Mr. Biden spoke at times in what seemed a near-shout during his State of the Union address. The morning of the State of Union began with an ad from Mr. Trump’s super PAC questioning if Mr. Biden would live to 2029.
Persons: Biden, Donald Trump, Trump, Biden’s, ’ —, Troy Nehls, Kenny Holston, , Vladimir V, Putin, , Mr, Marjorie Taylor Greene, Doug Mills, heckles, Greene, , Laken Riley, — Laken Riley, legals —, ’ Mr, Kate Cox, Latorya Beasley, Jill Biden, Roe, Wade, We’ll, we’ll, ” Roe, I’ve, chuckles, I’m, We’ve, we’ve, Nancy, Donald Trump Jr Organizations: Union, Capitol, Mr, New York Times, Republican, Credit, Associated, New York, Republicans, Democratic, Alabama, State of Union, Trump’s Locations: Wilmington, Russia, Europe, Russian, China, Georgia, Venezuelan, Texas, Alabama, America
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