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☆ Analysts say to buy Best Buy stock for an AI device upgrade boost and a whole lot more
▼ + stars: | 2024-06-17 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Coming on Tuesday, Microsoft plans to start selling new AI-enabled laptops at Best Buy, with roughly 40% of Copilot+ PCs exclusive to the retailer. We think that high-end offerings like these will give Best Buy a much-needed boost in sales and later for its stock price, too. In Monday's note to clients, the analysts also said that Best Buy can get a "volume benefit from lowering prices on previous models of the same product." That's a key reason why we first initiated our position in Best Buy earlier this year. People walk past a Best Buy store in Manhattan, New York City, November 22, 2021.

Persons: I'm, it's, Jeff Marks, Marks, we've, Jim Cramer's, Jim Cramer, Jim, Andrew Kelly Organizations: UBS, CNBC, Club, Microsoft, Federal, 1Q Locations: Friday's, Manhattan , New York City

☆ ‘Wheatfield’: Agnes Denes has reimagined her landmark artwork
▼ + stars: | 2024-06-17 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +10 min

Out west, Denes hopes to plant seeds of community with the help of the project’s host, Tinworks, an arts organization in the rapidly developing city of Bozeman. “Wheat is wonderful — it sustains humanity and is probably the most planted food next to rice. Jenny Moore/TinworksSome 200 packets of wheat were also distributed among Bozeman residents to grow concurrently with Denes' field. “Can you imagine if I could have realized 20 or 30?”Sowing seeds for changeAs with “Wheatfield,” seeds have often served as potent symbols for Denes. Courtesy Agnes Denes/Leslie Tonkonow Artworks + ProjectsWith “Wheatfield – An Inspiration,” like with all her work, Denes strives for nuance and to engender change through visitors and participants who take something meaningful from the work.

Persons: Agnes Denes, —, CNN —, Denes, Bozeman . Wheat, ” Denes, ”, Blair, Jenny Moore, Tinworks, Kenny Van Dyke, “, ” Moore, Agnes, Moore, I’d, it’s, Leslie Tonkonow, … Organizations: CNN, Art Basel, Bozeman ., Bozeman, Tinworks, Montana, “ Locations: Lower Manhattan, Montana, Wheatfield, Budapest, New York, Battery Park City, Milan, Switzerland, Bozeman, Montana State, Ylojarvi, Finland, ”, Sullivan County , New York, Lewiston, Niagara, Long Island , New York, Kassel, Germany, Istanbul, Egypt, Queens , New York, “ Wheatfield

☆ The first debate between Biden and Trump won't feature opening statements in what will be a stricter forum compared to 2020
▼ + stars: | 2024-06-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Read previewIn 2020, the first presidential debate between then-President Donald Trump and former Vice President Joe Biden devolved into a political grudge match, filled with insults. Trump largely disregarded the intended format of the debate by constantly interrupting Biden. But the 2024 election debates between Biden and Trump are poised to be much more structured and less chaotic. And microphones will be muted for both Biden and Trump when the opposing candidate is speaking. The debate will also be held just a few weeks before Trump, 78, is due for his sentencing in Manhattan.

Persons: —, Donald Trump, Joe Biden, Trump, Biden, Chris Wallace, Jake Tapper, Dana Bash, Robert F, Kennedy Jr, Stormy Daniels Organizations: Service, Fox News, Business, Biden, CNN, Trump, New York Times, The Times Locations: Atlanta, Arizona , Georgia, Michigan, Wisconsin, North Carolina, Israel, Manhattan

☆ James Kent, Chef Who Was Building a Restaurant Empire, Dies at 45
▼ + stars: | 2024-06-16 | by ( Alex Traub | ) www.nytimes.com time to read: +1 min

James Kent, a distinguished chef and successful Manhattan restaurateur who seemed poised to become a food-industry tycoon, died on Saturday. The young man asked if he could spend time in Mr. Bouley’s kitchen. Mr. Bouley said yes. He spent the summer working at Bouley, the chef’s TriBeCa mainstay. Before long, Mr. Kent was also working at famed New York City restaurants like Babbo, Jean-Georges, Eleven Madison Park and NoMad, where he became the executive chef.

Persons: James Kent, Kent’s, David Bouley, Bouley, Kent, Jean, Georges Organizations: Saga Hospitality, Financial, of, TriBeCa, Madison Locations: Manhattan, of Manhattan, Greenwich Village, Bouley, New York City

☆ From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble
▼ + stars: | 2024-06-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +14 min

This week, a judge signed off on Do Kwon and his bankrupt Terraform Labs settling with the U.S. Securities and Exchange Commission for $4.5 billion. This comes after a jury unanimously found Kwon and his company liable for securities fraud following less than two hours of deliberation. But investors piled in anyway, giving luna and UST a combined market value of almost $40 billion at one point. Terraform and Kwon fought our efforts to investigate – taking a fight over investigative subpoenas all the way to the Supreme Court. They are Caroline Ellison, the Alameda Research CEO who at one time dated Bankman-Fried; FTX engineering chief Nishad Singh; and Gary Wang, the co-founder and chief technology officer of FTX.

Persons: Kwon, Woohae Cho, Sam Bankman, Changpeng Zhao, Luna, atoning, Alex Mashinsky, Wall, Stevo Vasiljevic, Reuters Kwon, He's, Satoshi Nakamoto, Elon Musk, Mike Novogratz, Gary Gensler, –, Fried, Fatih Aktas, Lewis Kaplan, Kaplan, Bankman, convicting, Prosecutors, Ryan Salame, Caroline Ellison, Nishad Singh, Gary Wang, FTX, Jason Redmond, Zhao, Richard Jones, …, Binance, Justin Sullivan Organizations: Terraform Labs, Bloomberg, Getty, U.S, Forbes, Arrows Capital, Voyager, U.S . Securities, Exchange Commission, Labs, U.S . Justice Department, Futures Trading Commission, Treasury Department, bitcoin, BlackRock, Fidelity, Reuters, terraUSD, UST, Traders, Twitter, SEC, Supreme, Anadolu Agency, Alameda Research, ., Republicans, Bankman, AFP, of Prisons, District, Bank, DOJ, CFTC, Treasury, Binance, New, Commercial Bank Locations: U.S, Balkans, Podgorica, Montenegro, Singapore, Dubai, Serbia, Balkan, South Korea, United States, lockstep, New York, Manhattan, Seattle, Lompoc , California, Binance

☆ I was born blind and with cerebral palsy. My dad raised me alone and fought for me to have everything I needed.
▼ + stars: | 2024-06-16 | by ( Sarah Cerio | ) www.businessinsider.com time to read: +4 min

My dad raised me in the Bronx as a single parent in the 90's. I was born partially blind and with cerebral palsy. Courtesy of the authorAgainst professional advice and threats of losing parental custody during an ongoing court battle against my mother, Dad took me out of the children's hospital. He died and I was adoptedUnfortunately, my father lost custody of me and two years later he died. Also, seeing first-hand how much my dad fought for me made an imprint on her.

Persons: he'd, John, Dad, we'd, She'd, Father's, I've Organizations: Service, Angels Catholic Locations: Bronx, Manhattan, Valhalla

☆ 5 Ways This Year’s Tony Awards Reveal That Theater Is Changing
▼ + stars: | 2024-06-16 | by ( Michael Paulson | ) www.nytimes.com time to read: +1 min

Tonight’s Tony Awards ceremony will celebrate the best work on Broadway. Here are some things I’ve been thinking about as this awards season unfolded:Nonprofit theaters are struggling. Short of money, nonprofit theaters around the country are staging fewer shows, shedding jobs, and in a few cases, closing. Among plays, “Jaja’s African Hair Braiding,” “Mary Jane,” and “Prayer for the French Republic” were all staged on Broadway by the nonprofit Manhattan Theater Club. (“Mary Jane” had an earlier Off Broadway run at another nonprofit, New York Theater Workshop.)

Persons: Tonight’s Tony, They’re, Tony, “, ” “ Mary Jane, ”, Republic ”, “ Mary Jane ” Organizations: Nonprofit, Broadway, Manhattan Theater Club, New York Theater Workshop, Playwrights Horizons Locations: Republic

☆ Congestion Pricing Delay in New York Ripples Across the Country
▼ + stars: | 2024-06-16 | by ( Ana Ley | Winnie Hu | ) www.nytimes.com time to read: 1 min

In a country where the car is still king, New York had stirred hope that an ambitious policy prioritizing mass transit was possible. But that optimism unraveled this month, when Gov. Kathy Hochul abruptly halted a congestion pricing tolling program that promised to take thousands of cars a day off the streets of Midtown and Lower Manhattan while generating billions for critical repairs and improvements to the subways, buses and two commuter railroads. The governor’s decision came amid a fierce outcry from opponents, including many drivers from the boroughs and suburbs outside Manhattan. In doing so, she punched a $15 billion hole in the capital budget of the Metropolitan Transportation Authority, leaving long-planned work on the subway in limbo.

Persons: Kathy Hochul Organizations: Gov, Metropolitan Transportation Authority Locations: New York, Midtown, Lower Manhattan, Manhattan

Many forms of help are tied to the federal poverty line, which is calculated using a formula that has largely not been updated since the 1960s. The poverty line is calculated in an outdated wayThe current federal poverty line for the 48 contiguous states and Washington, DC, is $15,060 a year for one person, $20,440 for a family of two, and $31,200 for a family of four. Courtesy of Melissa HeddenMuch of the resistance to changing the federal poverty line could stem from the government's desire not to inflate the number of people in poverty overnight. AdvertisementRep. Kevin Mullin, a Democrat from California, has introduced legislation — called the Poverty Line Act— that would modernize the federal poverty line, taking into account actual costs of goods and how prices differ across regions. Do you make above the poverty line but not enough to meet your daily needs?

Persons: —, Jason Hopkins, Hopkins, he's, He's, doesn't, ALICE —, Nyx, Beth Jarosz, Kyle Ross, ALICE, Mollie Orshansky, Jarosz, Stephanie Hoopes, United For ALICE, they've, Melinda Binkley, Ryan Arbuckle, Louis, Oleg Parubin, Parubin, Melissa Hedden, Melissa, Ross, Biden, Kevin Mullin, Mullin, Michael Tubbs, Tubbs Organizations: Service, Business, America, Center for American Progress, Bureau of Labor Statistics, of Health, Human Services, Assistance, Women, Children, United For, SNAP, Bills, Senate Locations: Illinois, Washington, DC, Stillwater , Minnesota, St, Manhattan, Airbnbs, North Carolina, California, Stockon , California, Illinois —

Some Trump allies, including another veteran of his 2016 campaign and the Trump White House, former campaign manager Kellyanne Conway, have downplayed the former president’s comments. Earlier this month, Conway noted that Trump’s Justice Department did not try to prosecute Hillary Clinton despite the chants of “Lock her up!” at 2016 campaign rallies. But other allies have responded more forcefully to Trump’s conviction in his New York hush money trial. He was sentenced to four months in prison, and a federal judge earlier this month ordered him to report to prison by July 1. Once a top adviser to Trump’s 2016 campaign and a senior White House aide, the bombastic Bannon is now a right-wing podcaster with a following of loyal Trump supporters.

Persons: Steve Bannon, Donald Trump, Bannon, Trump, ”, ” Bannon, ’, ” Trump, Sean Hannity —, it’s Joe Biden, Hannity, Kellyanne Conway, Conway, Hillary Clinton, “, Jim Jordan, Attorney Alvin Bragg, Matthew Colangelo, Marco Rubio, Vance of Ohio —, Biden, Kevin McCarthy, Ronna McDaniel, Roger Stone, Rudy Giuliani, “ they’re Organizations: CNN, Fox News, Trump, Trump White House, Trump’s, Ohio, Attorney, Capitol, White House, Republican National, Justice Department, FBI Locations: New York, Detroit, Manhattan, Marco Rubio of Florida

☆ It’s Time to Sweat. The East Coast’s First Heat Wave Is on the Way.
▼ + stars: | 2024-06-14 | by ( Judson Jones | ) www.nytimes.com time to read: 1 min

You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load. The East Coast’s First Heat Wave Is on the Way. The abrupt arrival of summer will bring stifling temperatures from Chicago to New York, with little relief overnight. The East Coast’s first heat wave of 2024 arrives next week, and is likely to come as a shock to human bodies that have not adapted to summer swelter.

Organizations: Manhattan, The New York Locations: Chicago, New York

☆ ‘The Apprentice:’ Why You May Never See the New Trump Movie - The New York Times
▼ + stars: | 2024-06-14 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +1 min

This week I finally got to see “The Apprentice,” an absorbing, disturbing movie about the relationship between the red-baiting mob lawyer Roy Cohn and a young Donald Trump. The “Succession” star Jeremy Strong captures both Cohn’s reptilian menace and, eventually, his pathos, as he’s wasted by AIDS but, closeted to the end, refuses to admit it. Just as impressive is Sebastian Stan, who makes Trump legible as a human being rather than the grotesque hyperobject we all know today. It’s not a sympathetic portrayal, exactly; this is, after all, a movie that depicts Trump raping his first wife, Ivana. I wish you could see it.

Persons: Roy Cohn, Donald Trump, Trump, Jeremy Strong, Sebastian Stan, Ivana, Ivana Trump, “, ”, Cohn, Joseph McCarthy — Organizations: Cannes, Trump, Manhattan’s Locations: Midtown

☆ Donald Trump turns 78, a birthday he wishes ‘doesn’t exist’
▼ + stars: | 2024-06-14 | by ( Steve Contorno | ) edition.cnn.com time to read: +9 min

Trump is now 78 years old. “Just remember what I’m telling you: 78 is not old,” Trump asserted to a New York Post gossip columnist almost two years ago. “This is a degraded version of an already horrible person,” Emhoff said in reference to Trump’s Vegas speech. The Biden campaign called Trump “feeble” on social media when the former president ended a post-meeting news conference after five minutes without taking questions. But the observations about Trump’s age and mental state are not just coming from inside the Biden campaign.

Persons: Donald Trump, ’, “, ” Trump, Ivanna, Joe Biden, Biden, –, J.B, Pritzker, deferments, They’re, Trump, ”, Nikki Haley, Nancy Pelosi, Barack Obama, Haley, Ron DeSantis, Trump “, ” DeSantis, can’t, I’m, pounced, Doug Emhoff, ” Emhoff, Taylor Swift, Pelosi’s, Steven Cheung, Biden “, ” Cheung, Alyssa Farah Griffin, ” Griffin, Trump’s, Jonathan Turley, ” Turley, ” CNN’s Edward, Isaac Dovere, Ariel Edwards, Levy, Kristen Holmes, Annie Grayer, Melanie Zanona, Lauren Fox, Kit Maher Organizations: CNN, Las, New, New York Post, Trump, White, ”, Wisconsin Democratic, South Carolina Gov, Republican, GOP, Florida Gov, Congressional Republicans, Wisconsin Republicans, Biden, House, George Washington University Law School Locations: New York, ” Illinois, Wisconsin, Vietnam, Florida, Washington, Milwaukee

☆ Why the Biggest City in America Can’t Get Big Things Done
▼ + stars: | 2024-06-14 | by ( Dana Rubinstein | Emma G. Fitzsimmons | ) www.nytimes.com time to read: +1 min

With New York on the verge of becoming the first city in the nation to adopt congestion pricing, a sudden, familiar chill fell over the city last week, as another ambitious project was shelved. This time, it was Gov. Chris Christie of New Jersey. In the adjoining garbage bin lies other big development projects like a football stadium on Manhattan’s West Side and smaller initiatives with potentially outsize impact, like all-door bus boarding. For a place where change is the rule and unbridled ambition the guiding light, New York can be a remarkably hard place to get things done.

Persons: Kathy Hochul, Chris Christie Organizations: York, La Guardia Airport, Port Authority, Queens, Gov Locations: Staten Island, La, Brooklyn, Hudson, New Jersey, New York

☆ Trump ridicules special counsel’s gag order request in new filing in classified documents case
▼ + stars: | 2024-06-14 | by ( Holmes Lybrand | ) edition.cnn.com time to read: +3 min

CNN —Donald Trump’s attorneys on Friday ridiculed special counsel Jack Smith’s gag order request in the former president’s classified documents case in Florida, calling it an unconstitutional attack on the 2024 Republican candidate and a ploy to help Joe Biden keep the presidency. “In Jack Smith’s most recent shocking display of overreach and disregard for the Constitution, the Special Counsel’s Office asks the Court to enter an unconstitutional gag order as one of the release conditions on the leading candidate in the 2024 presidential election,” Trump’s attorneys wrote in a new filing, repeating their previous arguments against gag orders. The former president was in New York at the time. Prosecutors’ original ask for a gag order was thrown out by Federal Judge Aileen Cannon, who determined that they had not fully conferred with Trump’s attorneys before filing the request. Trump’s false claims “invite” threats and harassment against law enforcement agents involved in the case, prosecutors wrote, similar to those “that have occurred when other participants in legal proceedings against Trump have been targeted by his invective.”

Persons: Donald Trump’s, Jack Smith’s, Joe Biden, “, ”, Trump, Attorney Alvin Bragg, Smith, Trump’s, General Merrick Garland, Joe Biden’s, Aileen Cannon Organizations: CNN, Republican, Attorney, FBI, Prosecutors, Trump Locations: Florida, New York, Manhattan, Joe Biden’s Delaware

☆ I'm a veteran who voted for Trump twice and then supported Nikki Haley. I'm seriously considering Biden over the 'autocrat.'
▼ + stars: | 2024-06-14 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

This as-told-to essay is based on a conversation with Roger, who is affiliated with the Haley Voters Working Group. The group is comprised of former primary supporters of UN Ambassador Nikki Haley who are supporting President Joe Biden in the general election or considering supporting the president. I'm an old-school Reagan fan, and Nikki Haley is a genuine Republican. Voters know that President Trump is the only person who will beat Joe Biden and take back the White House. President Trump will put America First instead of getting into more wars and more conflict like Biden has done."

Persons: Roger, Nikki Haley, Joe Biden, We've, Trump, Donald Trump, we've, Time, I've, I'm, Mike Pence, Mark Peterson, He's, MAGA, he's, Haley, Biden, Herika Martinez, Reagan, Steven Cheung, President Trump, Jack Smith's Organizations: Service, Haley, UN, Manhattan, Barnum, Republican, AFP, Getty, NATO, Voters, America, FBI Locations: York, United States, Rio Grande, New York City, Chicago, Detroit, Atlanta, Ukraine, Korea, South Carolina, North Korea, Russia, America, Mar

☆ How Donald Trump's criminal conviction boosted his campaign fundraising machine
▼ + stars: | 2024-06-13 | by ( Merritt Enright | ) www.cnbc.com time to read: +3 min

"This has been a problem for years, if not decades," said Saurav Ghosh, director of campaign finance at the Campaign Legal Center. Filings show President Joe Biden recently used donations from the Democratic National Committee to pay lawyers in a classified documents case. For personal legal matters, such as Trump's New York business fraud case, experts say the use of political donations is prohibited. With an additional three criminal cases awaiting trial dates, Trump's legal costs are expected to continue mounting. In the week following the trial, Trump's team and the RNC reported having raised $141 million during the month of May, bolstered by millions raised in the aftermath of the verdict.

Persons: Donald Trump, Trump, Saurav Ghosh, Joe Biden, Sen, Bob Menendez, Ghosh, we've Organizations: Trump, White House, Save, Democratic National Committee, FEC, RNC Locations: Manhattan, York

☆ Luxury developer Michael Shvo has big plans. Bitter disputes and a soft real estate market threaten to thwart them.
▼ + stars: | 2024-06-13 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +15 min

Amid the whirlwind of activity, the 51-year old, Israel-born executive has presented himself as a real estate visionary with a personal preference for all-black attire and a taste for luxury brands. BVK recently hired the residential brokerage firm Corcoran Group to complete a market study of the Fifth Avenue project, a person who viewed the report said. Miller noted he did not have direct knowledge of the situation at 685 Fifth Avenue. At 685 Fifth Avenue, he recently marked down prices for some of the units. In contrast, the Shore Club, which is being built by the New York real estate developer Steve Witkoff just a few hundred yards away from the Raleigh has pre-sold briskly.

Persons: —, Michael Shvo, Shvo, Peter Marino, Norman Foster, Renzo Piano, BVK, Corcoran, Jonathan Miller, Miller Samuel, Miller, Pam Liebman, Corcoran's, Truist, Michael Lirtzman, Akuna, Lirtzman, I've, Scott Wadler, Wadler, Jed Jacobsohn, John Goodman, Diane, –, Goodman, profanely, Serdar, Shvo's, Bilgili, Deutsche Finance didn't, Alex Miranda, I'm, Steve Witkoff, Morgan Chase Organizations: Service, Bayerische, Deutsche Finance, Business, GFI, Group, Shvo, Wabash, Akuna, Colliers, Wabash –, Raleigh, Core, New York State, Noë, Associates, West, Bilgili, BVK, Shore Club, New Locations: New York, Manhattan's Plaza, Los Angeles, Miami Beach, Raleigh, Israel, Wilshire, LA, Manhattan, Chicago, Miami, Paris, South Florida, San Francisco, Manhattan's, Turkish, BVK, Wabash, Shvo, Munich

☆ Luxury developer Michael Shvo has big plans. Bitter disputes and a soft real estate market threatens to thwart them.
▼ + stars: | 2024-06-13 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +15 min

☆ Anthony Michael Hall on His Best Movie Roles: 'Breakfast Club,' 'Sixteen Candles' & More
▼ + stars: | 2024-06-13 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +14 min

On doing 10 auditions for 'Sixteen Candles' and casting John Cusack himselfJohn Cusack, Hall, and Darren Harris in "Sixteen Candles." Is it true that you were the one who cast John Cusack for the role of Bryce, one of Ted's geek friends? I remember John was doing post-production on "Sixteen Candles," and he wanted to show it to me. This is six or eight months later because he did "Sixteen Candles," "The Breakfast Club," and "Weird Science" consecutively. On Christopher Nolan's on-set uniform and developing a 'Succession'-like TV series with Robert Downey Jr.(L-R) Roberty Downey Jr. and Anthony Michael Hall.

Persons: Anthony Michael Hall, Chase, John Candy, John Hughes, Hall, Bill Gates, Christopher Nolan's, Michael Myers, Jessica Alba's, Stanley Kubrick's, Robert Downey Jr, John Candy Anthony Michael Hall, I'm, Eugene Levy, Michael, Uncle Buck, John Cusack, Darren Harris, Ted, Jackie Burch, John, Bryce, Ally Sheedy, Judd Nelson, Emilio Estevez, Molly Ringwald, Ilan Mitchell, Smith, Hughes, Ferris, Chateau Marmont, Mike Tyson, —, I'd, Tim Burton, Edward Scissorhands, Matthew Modine, Davis, Stanley Kubrick, Kubrick's, Kubrick, that's, Chaplin, Winona Ryder, Fox, Jim, Tim Burton's, Tim, Walt Disney, Roberty Downey, Eric Charbonneau, WireImage, Christopher Nolan, Burton, Nolan, it's, Downey, It's, he's, You've, I've Organizations: Business, Netflix, Warner Bros, Hall, Columbia Locations: Hollywood, Silicon Valley, Polish, New York, Manhattan, Beverly Hills, Tampa

☆ Elon Musk's payday drama comes to a head today
▼ + stars: | 2024-06-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

It's always sunny at Business Insider when "Welcome to Wrexham" star Rob McElhenney is around. In today's big story, we're looking at the drama between Tesla shareholders over Elon Musk's bumper pay package that gets decided on today . As funny as that sounds, the battle over Elon Musk's pay package is no joke. One longtime Tesla investor said the EV maker is " kind of the bottom of the pecking pole of Elon's companies ." Vote here on if you're for or against Musk's pay package .

Persons: —, Rob McElhenney, Elon, Apu Gomes, Chelsea Jia Feng, Insider's Grace Kay, they're, he's, Brooks Kraft, Musk, it's, Gwynne Shotwell, Somodevilla, Blackstone, Dan Ives, Araya Doheny, Patrick Fallon, Jenny Chang, Rodriguez, Henrik, Fisker, VCs, that's, whittle, Mark Zuckerberg, de Haro, Gen Zers, Mike Verdu, Slack, Brad Smith, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Elon, Getty, Retail, Brooks Kraft LLC, Nvidia, Tesla, Wall, SpaceX, Federal Reserve, Big Apple, Apple, Microsoft, BI, Adobe Locations: Wrexham, Delaware, Tesla, Manhattan, New York, London

☆ Election Updates: Trump returns to Washington to flex political muscle.
▼ + stars: | 2024-06-13 | by ( Maggie Haberman | Jonathan Swan | ) www.nytimes.com time to read: +6 min

“There’s high anticipation here and great excitement,” Speaker Mike Johnson told reporters on Wednesday before Mr. Trump’s visit. Mr. McConnell condemned Mr. Trump’s actions and declared him responsible. Pressed about Mr. Trump’s visit to Washington, Mr. McConnell told reporters on Wednesday, “I said earlier this year I supported him. He’s earned the nomination by the voters all across the country.”Defying the expectations of Mr. McConnell and many others, Mr. Trump did not disappear. Most of corporate America had turned its back on Mr. Trump after the violence on Jan. 6.

Persons: Donald J, Trump, Republicans ’, Biden, Trump’s, Mitch McConnell, —, “, Mike Johnson, John Barrasso of, McConnell, acquit, Erin Schaff, Mr, He’s, Ron DeSantis, Tim Cook, Jamie Dimon Organizations: Republicans, Republican, Trump, Business, Capitol, Biden’s Electoral, The New York Times, Gov, Capitol Hill, Apple, JPMorgan Chase, America Locations: Washington, Manhattan, John Barrasso of Wyoming, Georgia, Lago, Florida, Mecca

☆ Giant Loophole May Protect Trump Liquor Licenses Despite His Felonies
▼ + stars: | 2024-06-13 | by ( Laura Italiano | Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +5 min

New Jersey officials revealed this week that they are looking at the licenses at his three golf courses there. AdvertisementThese states prohibit felons or people convicted of "moral" offenses such as fraud from holding a liquor license. Say Trump is landlord to the bar operators at one of these properties, and it's the bar operators who hold the liquor license, Pierce said. If Trump is charging the bar a flat rent, his felony status won't impact that liquor license. Trump would still have options, though, even if his hush-money conviction voided one or more of his liquor licenses.

Persons: —, Donald Trump, William Fay, Fay, he's, Aaron H, Pierce, Trump, Kwok Organizations: Service, Trump, New, New Jersey Attorney, Business, ABC Locations: ., Jersey, Colts Neck, Bedminster, Pine Hill, New Jersey, New Jersey , New York , Florida, California, United States, Manhattan, New York

☆ Trump Returns to Washington With Renewed Grip on the G.O.P.
▼ + stars: | 2024-06-13 | by ( Maggie Haberman | Jonathan Swan | ) www.nytimes.com time to read: +1 min

Donald J. Trump flew into Washington last summer in a state of misery. He was there for his criminal arraignment, and he told associates afterward that the city was disgusting. He could feel Washington’s hostility, aides said. Today, he returns to the nation’s capital under much different circumstances — to flex his dominance over a political and business establishment that has been forced to come to terms with him. After years of hoping that someone else could step up to lead their party, that establishment is gradually submitting to the reality of the 2024 campaign.

Persons: Donald J, Trump, Republicans ’, Biden, Trump’s, Mitch McConnell, — Organizations: Republicans, Republican, Trump Locations: Washington, Manhattan

☆ I retired in my 30s with a net worth of $2.5 million over a decade ago. Now, I'm going back to work at 46.
▼ + stars: | 2024-06-12 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +8 min

Read previewThis as-told-to essay is based on a conversation with Sam Dogen, a 46-year-old in San Francisco. It was easy to save money because I was working so muchI started saving only a month after starting at Goldman Sachs. A promotion and move to San Francisco got me on the property ladderIn June 2001, I was recruited to join Credit Suisse and moved to San Francisco. In 2005, I bought a house for $1,520,000 in San Francisco and rented my condo until I sold it in 2017. Having kids took up a lot of our passive income budgetOnce our son was born in 2017, we began spending more of our passive income.

Persons: —, Sam Dogen, I'd, Mary, Goldman Sachs, San Francisco, I've, I'm Organizations: Service, Business, College of William, San, Credit Suisse Locations: San Francisco, Virginia, USA, Manhattan

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