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Donald Trump headlines a rally in Madison Square Garden after racist and crude remarks from his allies. Quarter Pounders are back on the menu at McDonald's after tests show patties were not the source of the E.coli outbreak. They come inside, just like they did to our country.”There was an uncomfortable reception to his punchlines in the arena. ➡️ Harris campaigned in Philadelphia over the weekend, marking her 14th visit to Pennsylvania since she entered the race in July. 🙌 49ers TE George Kittle had a breakout performance with 128 yards and a touchdown as his team improved to 4-4.

Persons: Donald Trump, Julia Demaree Nikhinson, Kamala Harris, Tony Hinchcliffe, “, David Rem, Harris, ” Tucker Carlson, ” Melania Trump, Trump, ”, Harris ’, ➡️ Harris, JD Vance, Vladimir Putin, ” ➡️ Harris, ➡️, McDonald’s, Eakin Howard, Greg Rosenstein, Ari z, Mia, stu, dou Organizations: NFL, MSG, Black, Trump, NBC, NBC’s, Press, Democratic, GOP, Colorado Agriculture Department, Food and Drug Administration, Farms, CDC, San Francisco 49ers, Dallas, Sunday, NBC News, ards, pla Locations: Madison Square, Puerto Rico, New York, Malaysian, California, Wisconsin, Michigan, Michigan’s, Philadelphia, Pennsylvania, Colorado, Colorado , Kansas , Wyoming

☆ Georgian president calls for protests after ruling party wins disputed election; U.S., allies call for probe
▼ + stars: | 2024-10-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

Georgian Dream Party supporters celebrate the exit poll results in Tbilisi on Saturday. Diego Fedele / Getty ImagesPresident Salome Zourabichvili spoke the day after the vote, which the electoral commission said the ruling party had won. The Georgian Dream party clinched nearly 54% of the vote, the commission said, as opposition parties contested the result and vote monitors reported significant violations. Georgian Dream has become increasingly authoritarian over the past year, adopting laws similar to those used by Russia to crack down on speech. Despite that, Georgian Dream has adopted Russia-style laws and many Georgians fear the government is distancing the country from the West and into Moscow’s orbit.

Persons: Diego Fedele, Salome Zourabichvili, Georgia’s, ”, Zourabichvili, Antonio López, White, Charles Michel, “, Irakli Kobakhidze, ” Hungary’s Victor Orbán, Tiko Gelashvili, Natia Seskuria Organizations: European Union, Georgian Dream Party, Getty, European, Sunday, Georgian, The United National Movement, Regional Institute for Security Studies, AP Locations: United States, Russia, Europe, Tbilisi, Georgian, Russian, Brussels, South Caucasus, ”, Georgia, Tiko, Georgia’s, Moscow, Soviet Union, Javakheti

The military seized power from the elected government of Aung San Suu Kyi in February 2021, giving rise to intensified fighting with long-established armed groups associated with Myanmar’s ethnic minority groups, and prompting the formation of new pro-democracy militias. Two weeks later the Arakan Army launched attacks in its home western state of Rakhine, and since then other militia groups and PDFs have joined in around the country. But at the same time, resistance groups are closing in on Mandalay, Myanmar’s second-largest city in the center of the country. The Tatmadaw has been accused of deliberately targeting civilians in retribution for perceived support for the resistance militias, something it denies. Should the Tatmadaw fall, that could lead to the fragmentation of Myanmar unless the groups work hard to resolve political and territorial differences.

Persons: Aung, Suu Kyi, Alliance —, ”, Connor Macdonald Organizations: Myanmar National Democratic Alliance Army, Arakan Army, National Liberation Army, Alliance, Council, United Nations ’ Office, Human Rights, Army, Institute for Strategy Locations: BANGKOK, Myanmar, Russia, China, Suu, Shan, Rakhine, Kayah, Naypyidaw, Yangon, Mandalay, Myanmar’s, Chin, Paletwa, Syria, Beijing

But Trump’s remarks in his hometown, New York City, which went for more than an hour, were overshadowed by comments made by warm-up speakers in the roughly five hours before his prime-time address. It was the lesser-known speakers before Trump took the stage, however, who made big waves outside the arena. Stay on message.”The Trump campaign sought to distance itself from Hinchcliffe’s routine. His campaign has said such events are “high-impact settings” where his remarks will break through in the key battlegrounds. But that rally wasn’t at the venue simply known as The Garden, a staple in New York City and a place Trump has long wanted to campaign at.

Persons: Donald Trump, Trump’s, Kamala Harris, Trump, ”, Harris ’, “, ” Trump, Grant Cardone, Harris, ” David Rem, Tucker Carlson, Tony Hinchcliffe, María Elvira Salazar, Puerto, ” Sen, Rick Scott, Carlos Gimenez, Anthony D’Esposito, Danielle Alvarez, Robert F, Kennedy Jr, Kennedy, “ I’m, Vivek Ramaswamy, ’ ” Joe Biden, hasn’t, Ronald Reagan, Kathy Hochul, Biden, Republican hasn’t, ’ ”, John Kelly, Adolf Hitler, Hitler, Hulk Hogan, New York City’s, Eric Adams, Adams, I’ve Organizations: Madison, Black, Conservative, Trump GOP, Puerto Rico, ”, USA, Trump, New York, Republican, Democratic, Nazi, New, Democrat, Knicks, Rangers Locations: New York City, China, U.S, ”, New York, Malaysian, California, Puerto Rico, Puerto Rican, Manhattan, Colorado, Virginia, New, Madison, Hochul

☆ Trump headlines Madison Square Garden rally after vulgar, racist remarks from allies
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: +4 min

Republican presidential nominee and former U.S. President Donald Trump speaks during a rally at Madison Square Garden, in New York, U.S., October 27, 2024. Andrew Kelly | ReutersRepublican presidential candidate Donald Trump headlined a rally at New York's Madison Square Garden on Sunday that began with a series of vulgar and racist remarks by allies of the former president. Danielle Alvarez, a senior adviser to the Trump campaign, told Reuters that the joke about Puerto Rico "does not reflect the views of President Trump or the campaign." Harris's campaign in an email said the Madison Square Garden rally was "mirroring the same dangerously divisive and demeaning message" as Trump. Trump's 2016 presidential opponent, Democrat Hillary Clinton, has accused him of "re-enacting" a pro-Nazi rally that was held at Madison Square Garden in 1939 on the eve of World War Two.

Persons: Donald Trump, Andrew Kelly, Trump, Billy Joel, Kamala Harris, Harris, Hulk Hogan, Rudy Giuliani, Eric, Don Jr, Giuliani, Tony Hinchcliffe, Ricky Martin, Danielle Alvarez, Harris's, Hillary Clinton, Donald Trump's, Elon Musk, Elon, Musk Organizations: Madison, Reuters Republican, New, Knicks, Democratic, Republican, New York City, Reuters, Puerto Ricans, Trump, Nazi, Garden, Congressional, Office Locations: New York, U.S, Caribbean U.S, Puerto Rico, Puerto Rican, Puerto, United States, Pennsylvania, Philadelphia, Madison, York, America

☆ Bernie Sanders makes the case for Kamala Harris to pro-Palestinian critics
▼ + stars: | 2024-10-28 | by ( Gregory Krieg | ) edition.cnn.com time to read: +5 min

On Monday night, Sanders placed himself among those critics as he made an impassioned case for Harris in a video posted to social media. “I understand that there are millions of Americans who disagree with President Biden and Vice President Kamala Harris on the terrible war in Gaza. “Some of you are saying, how can I vote for Kamala Harris if she is supporting this terrible war? Making his case for Harris, Sanders argued – in short – that she can be convinced. “It was not a question of speeches, getting up there, disagreeing with Kamala Harris on the issues.

Persons: Sen, Bernie Sanders, Donald Trump, Kamala Harris, Joe Biden’s, Benjamin Netanyahu’s, Sanders, Harris, Biden, “ Israel, ” Sanders, Netanyahu, Wa’el Alzayat, “, –, Kamala, ” Sanders beseeched, “ Donald Trump, “ Trump, Hugh Hewitt, Trump, ” Trump Organizations: CNN, Democratic, Capitol, Biden, West Bank, Trump Locations: Gaza, Israel, Vermont, Selma , Alabama, Flint , Michigan, Madison, America

Trump’s Changing Messages on Abortion, in 660 Quotes Donald Trump has softened his rhetoric, contradicted himself and nearly dropped “pro-life” from his vocabulary. Trump’s Statements on Abortion Before and After Dobbs The way Donald Trump has talked about abortion changed after the Dobbs decision. Below, a comparison of the themes Mr. Trump mentioned most in his public statements, based on a Times analysis. Abortion is an important issue Times Trump said abortion is an important issue, by quarterAfter he was elected, Mr. Trump kept many of his promises to the anti-abortion movement. For much of this campaign, Mr. Trump declined to say whether he would veto a federal abortion ban.

Persons: Donald Trump, ”, Donald J, Trump, “ I’m, “, Dobbs, Jackson, Roe, Wade, ” Mr, Karoline Leavitt, Jason Rapert, Rapert, “ It’s, —, they’re, Lake, he’s, doesn’t, MAGA, Times Trump, Kamala Harris, they’ll, Melania Trump, “ We’re, Trump’s, ’, “ We're, Judge Scalia, Justice Scalia, We're, we've, ” Susan B, Anthony, They're, we'll Organizations: New York Times, Mr, Trump, National Association of Christian Lawmakers, Democratic, Republican, ”, Republican Party, Supreme, Times, Life, “, and Drug Administration, Justice Department, Breitbart, Federalist Society, Senate, U.S, ” Christian Broadcasting Network Locations: United States, Florida, Pensacola, Fla, “, Pa, Dubuque , Iowa, Pennsylvania, Michigan, Indiana

Earnings season is in full swing, and some names reporting this week are positioned for major moves. So far, 37% of those in the broad market index have reported this quarter, resulting in what has been a mixed reporting period. According to LSEG, earnings have come in 6.1% above expectations, while revenue is 1.5% higher, as of Monday. Last week, the stock advanced more than 1% on Wednesday due to JMP Securities upgrading it to market outperform from market perform. The financial services provider has jumped around 52% over the past three months and more than 41% over the past month.

Persons: Andrew Boone, Greenlight Capital's David Einhorn, Einhorn, Kamala Harris, Donald Trump Organizations: Dow Jones, Apple, CNBC Pro, Securities, Robin Hood Investors Conference, U.S, Technologies

☆ Trump unveils the most extreme closing argument in modern presidential history
▼ + stars: | 2024-10-28 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

It was exactly the kind of rhetoric that the Harris campaign believes could prompt moderate voters and disaffected Republicans to choose the vice president. Harris was in red-state Texas on Friday to highlight hardline GOP abortion policies she warns could spread countrywide if Trump wins. The CNN Poll of Polls shows no clear leader nationally with Harris at 48% and Trump at 47%. Harris’ rally will provide an emphatic exclamation point for an increasingly important theme of her campaign — that Trump represents an existential threat to American democracy. Both Trump and Harris are targeting strategic sectors of their core electorates in the final days.

Persons: Donald Trump, ”, John Kelly, Trump, Kamala Harris, ” Trump, “ Trump, Hitler, David Rem, Harris, Hillary Clinton, “ illegals, Tony Hinchcliffe, Danielle Alvarez, don’t, “, Tim Walz, she’s, Joe Biden’s, Harris ’, Harris didn’t, Kelly, Ohio Sen, JD Vance, Vance, CNN’s Jake Tapper, Nancy Pelosi, Adam Schiff, Jake Tapper, CNN “, lunatics, …, ” Vance, “ We’re, ” Harris, Michelle Obama —, ” Obama Organizations: CNN, Madison, Democratic, New, Trump, Republicans, Republican, Nazi, Sun, Capitol, The New York Times, Sunday, GOP, National Guard, California Rep, Black, House, Supreme Locations: United States, New York City, Puerto Rico, Trump’s, Manhattan, Minnesota, New York, Texas, Washington ,, Pennsylvania, Michigan, Wisconsin, North Carolina , Georgia, Arizona, Nevada, Washington, “ State, West Philadelphia, Philly

☆ Jeff Bezos defends Washington Post non-endorsement, says Americans 'don't trust' media
▼ + stars: | 2024-10-28 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Amazon founder Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence in New York City, Sept. 20, 2021. Washington Post owner Jeff Bezos in an op-ed published Monday evening defended the newspaper's recent controversial decision not to endorse a candidate in the presidential election as a "meaningful step in the right direction" to reverse the loss of trust in the media by Americans. "I sighed when I found out, because I knew it would provide ammunition to those who would like to frame this as anything other than a principled decision," Bezos wrote. Even Limp didn't know about it in advance; the meeting was scheduled quickly that morning," Bezos wrote. "There is no connection between it and our decision on presidential endorsements, and any suggestion otherwise is false.

Persons: Jeff Bezos, Boris Johnson, Bezos, —, Will Lewis, Kamala Harris, Donald Trump, Dave Limp, Lewis, Limp Organizations: British, Washington Post, NPR, Amazon, Origin, Trump Locations: New York City

☆ Apple’s iPhone AI debuts today. Here’s what to expect
▼ + stars: | 2024-10-28 | by ( John Towfighi | ) edition.cnn.com time to read: +7 min

Apple’s AI features for iPhones will be available for free to users with any iPhone 16, iPhone 15 Pro and Pro Max, who update to iOS 18.1. Apple Intelligence is also available for iPad and Mac models that support iPadOS 18.1 and macOS Sequoia 15. The AI features rolling out with iOS 18.1The Apple Intelligence features rolling out Monday include improvements to writing and editing, Siri and the Photo app. “Some market participants are optimistic that Apple Intelligence could dramatically boost iPhone shipments soon,” Kuo said in the blog post. Following Apple's new product announcements, customers can pick up the new iPhone 16, 16 Plus, 16 Pro and 16 Pro Max, Apple Watch Series 10, AirPods 4, AirPods Pro 2 and AirPods Max from UK Apple Stores today.

Persons: Pro Max, Siri, Angelo Zino, Dan Ives, ” Ives, didn’t, Chi Kuo, Kuo, ” Kuo, Max, Peter Nicholls, “, Wedbush’s Ives, CFRA Research’s Zino, ” Zino, Apple’s Organizations: CNN — Apple Intelligence, Apple Intelligence, Pro, Microsoft, Google, Apple, Developers Conference, Big Tech, Apple Apple, CFRA Research, CNN, Wedbush Securities, TF International Securities, Regent, AirPods, Apple Stores Locations: London, England

☆ Using options to trade two cosmetics competitors with a lot on the line this month
▼ + stars: | 2024-10-28 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

Beauty and Estée Lauder are well-known companies in the beauty and cosmetics industry. Their customers generally have higher disposable incomes, as Estée Lauder is a luxury brand emphasizing premium, high-quality ingredients. Estée Lauder combines a traditional retail model with a growing e-commerce presence. Estee Lauder has fallen roughly 45% over the past seven months. ELF EL YTD mountain Estee Lauder vs. elf Beauty, YTD e.l.f.

Persons: Estée Lauder, Gen X, Nordstrom, Estee Lauder, Trump Organizations: Target, Walmart, Presidential, CNBC, NBC UNIVERSAL Locations: U.S, North America, United States, Asia, Europe, Americas, China, Estee

A lawsuit by the Philadelphia DA would stop Elon Musk's $1M-a-day voter giveaway as early as Friday. Also on Monday, America PAC announced the tenth million-dollar winner. The DOJ did send a letter to America PAC warning that the giveaway might be illegal, a development first reported by 24sight News. America PAC did not announce a winner on Wednesday after the warning letter became public but has resumed announcements. Just hours after Krasner's lawsuit became public, America PAC crowned its latest winner, a man from Hastings, Michigan.

Persons: Elon, Larry Krasner, —, Krasner, Musk, Jordan, Anne Marie B, Coyle, Donald Trump's, Richard Briffault, Republican megadonors Organizations: Philadelphia DA, Elon Musk's, Service, Elon Musk's America PAC, America PAC, Business, Philadelphia, Republican, Democrats, America, Columbia Law School, Department, DOJ, PAC, 24sight News . America PAC Locations: Philadelphia, Pennsylvania, Georgia, Nevada , Arizona , Michigan , Wisconsin, North Carolina, Hastings , Michigan

☆ Apple releases Apple Intelligence. Here's how to get it on your iPhone
▼ + stars: | 2024-10-28 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Manuel Orbegozo | ReutersApple on Monday released iOS 18.1, an update that includes the company's artificial intelligence, called Apple Intelligence, for the iPhone 16 and iPhone 15 Pro. "Given the staggered launch of Apple Intelligence, we expect iPhone demand to pick up post initial release of Apple Intelligence in late Oct," Bank of America Securities analyst Wamsi Mohan wrote in an Oct. 25 note. Opt inYou need an iPhone 15 Pro, iPhone 15 Pro Max or any iPhone 16 model to install and use Apple Intelligence. You also need to turn it on by asking for access to Apple Intelligence in the Settings app. Zoom In Icon Arrows pointing outwards Apple Intelligence can summarize important emails inside the Mail app.

Persons: Tim Cook, Steve Jobs, Manuel Orbegozo, Siri, Wamsi Mohan Organizations: Apple, Steve, Reuters Apple, Apple Intelligence, Nvidia, Apple Inc, iOS, " Bank of America Securities Locations: Cupertino , California

☆ Apple Intelligence is finally here for some as part of the iOS 18.1 software update
▼ + stars: | 2024-10-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Apple rolled out long-awaited AI features to some iPhone and other users with its iOS 18.1 update. The new software is officially available on iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1, months after the tech giant first announced Apple Intelligence at the Worldwide Developers Conference. These are the Apple Intelligence features out nowApple Intelligence was revealed at Apple WWDC 2024. AdvertisementWith iOS 18.1, Apple said Siri can field typed requests, answer "thousands of questions" about Apple products, and understand context better. AppleTo ensure they get the features, iPhone owners must join a waitlist to request activation of Apple Intelligence.

Persons: Dan Ives, —, Siri, Apple, There's, Tim Cook Organizations: Apple, Apple Intelligence, Service, Sequoia, Worldwide, Wedbush Securities Locations: Australia, Canada, New Zealand, South Africa

☆ Beware McDonald's, but these other restaurant stocks look attractive, says Katie Stockton
▼ + stars: | 2024-10-28 | by ( Katie Stockton | ) www.cnbc.com time to read: +8 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: Jack, JACK, Katie Stockton Organizations: McDonald's Corp, Brands Inc, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities

☆ Trump's chaotic Madison Square Garden rally could muddy his closing economic pitch — and give Democrats a last-minute chance to shake up the race
▼ + stars: | 2024-10-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Trump's Madison Square Garden rally was supposed to be part of a triumphant closing pitch. AdvertisementDonald Trump's rally at Madison Square Garden on Sunday wasn't supposed to be about one comedian's offensive joke about Puerto Rico. "This joke does not reflect the views of President Trump or the campaign," Danielle Alvarez, a senior Trump campaign advisor, said in a statement. Advertisement'I want everyone in Philadelphia to see that clip'It remains to be seen whether and how Puerto Rican voters will respond to what happened on Sunday. Spokespeople for the Harris campaign, along with Senate and House Democrats' campaign arms, did not respond to Business Insider's inquiries as to whether they would.

Persons: it's, —, Donald Trump's, Trump, Sid Rosenberg, Doug Emhoff, Tucker Carlson, Kamala Harris, Tony Hinchcliffe, Danielle Alvarez, Harris, Bad Bunny, Mike Nellis, Hinchcliffe, Sen, Rick Scott, Maria Elvira Salazar, Rep, Anthony D'Esposito, Alexandria Ocasio, Cortez, Tim Walz, there's, Nellis, Meta Organizations: Puerto Ricans, Service, Madison, Radio, Malaysian, Trump, Sunday, Puerto, Puerto Rican, Democratic, Reading, Gov, House Democrats, Nellis, Capitol Locations: Madison, Puerto, Puerto Rico, York City, California, Philadelphia, Pennsylvania, Puerto Rican, Florida, Long, While Pennsylvania, North Carolina, Georgia, Bronx, Harris, Alexandria, Cortez of New York, Puerto Ricans, —, Washington , DC

☆ Jeff Bezos defends Washington Post non-endorsement after subscribers flee and staffers resign
▼ + stars: | 2024-10-28 | by ( Jon Passantino | Liam Reilly | ) edition.cnn.com time to read: +3 min

“Presidential endorsements do nothing to tip the scales of an election,” Bezos, the billionaire Amazon founder, wrote. “No undecided voters in Pennsylvania are going to say, ‘I’m going with Newspaper A’s endorsement.’ None. High-profile Post staffers have also publicly expressed their dismay over how the situation was handled and raised questions over the reason for the eleventh-hour decision. “That was inadequate planning, and not some intentional strategy.”Hours after Post publisher Will Lewis announced the news Friday, Trump met with executives from Blue Origin, a Bezos-founded spacefaring company. Neither campaign nor candidate was consulted or informed at any level or in any way about this decision.

Persons: Jeff Bezos, ” Bezos, “, I’m, ’, Kamala Harris, Marty Baron, “ craven, Donald Trump, Harris, Bezos, Will Lewis, Trump, ”, Dave Limp, —, It’s Organizations: CNN, Washington Post, Post, “, Amazon, House, Blue, Trump, Blue Origin Locations: Pennsylvania

☆ Election win for Russia-friendly party in Georgia sets the stage for protests and possible violence
▼ + stars: | 2024-10-28 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Citizens and Georgian Dream Party supporters, carrying flags of Georgia and the Georgian Dream Party, attend the Georgian Dream Party's election rally. Anadolu | Anadolu | Getty ImagesMass protests are expected in the Georgian capital of Tbilisi on Monday after the ruling, Russia-friendly party Georgian Dream claimed victory in a contentious parliamentary election this weekend. "We do not accept these stolen election results," stated Tina Bokuchava, the leader of Georgia's main opposition party, the United National Movement, at a press briefing late on Saturday. "It was a total fraud, a total taking away of your votes," Zourabichvili told reporters, flanked by Georgian opposition party leaders, in comments reported by Reuters. Supporters of the Georgian Dream party celebrate at the party's headquarters after the announcement of exit poll results in parliamentary elections, in Tbilisi, Georgia October 26, 2024.

Persons: that's, Salome Zurabishvili, Georgia's, Irakli Kobakhidze, Bidzina Ivanishvili, Tina Bokuchava, Vano Shlamov, Bokuchava, Bidzina, Zourabichvili, Timothy Ash, Ash, Ivanishvili, Dmitry Peskov, Peskov, Irakli Gedenidze, Antony Blinken, Blinken Organizations: Georgian Dream Party, Anadolu, Getty, Georgian, European Union, NATO, United National Movement, National Movement, Afp, Reuters, BlueBay Asset Management, Kremlin's, TASS, Google, OSCE Office, Democratic, Human, European Locations: Georgia, Georgian, Tbilisi, Russia, Soviet, Soviet Union, Russian, EU, Washington, Moscow, Europe, Tbilisi , Georgia, U.S

☆ Philadelphia DA sues Elon Musk and his super PAC over $1M sweepstakes
▼ + stars: | 2024-10-28 | by ( Marshall Cohen | ) edition.cnn.com time to read: +1 min

CNN —Philadelphia’s district attorney asked a state judge on Monday to shut down tech billionaire Elon Musk’s controversial $1 million giveaway to registered voters, calling it an “illegal lottery scheme.”Philadelphia District Attorney Larry Krasner, a Democrat, filed the civil lawsuit against Musk and his pro-Trump group, America PAC. “America PAC and Musk are lulling Philadelphia citizens – and others in the Commonwealth (and other swing states in the upcoming election) – to give up their personal identifying information and make a political pledge in exchange for the chance to win $1 million,” the lawsuit alleges. And it is indisputably an unlawful lottery.”A spokesperson for Musk’s super PAC did not comment on the lawsuit and instead highlighted the group’s latest $1 million winner, announced Monday – a registered voter from Hastings, Michigan. Krasner said his lawsuit was not about state and federal laws that prohibit vote-buying. The US Justice Department has also warned Musk’s super PAC that his giveaway might violate federal laws that criminalize offering cash for voter registration.

Persons: Elon Musk’s, Larry Krasner, Musk, –, ”, Krasner, Musk’s Organizations: CNN, Trump, America PAC, “ America PAC, Commonwealth, Musk’s, US Justice Department Locations: Philadelphia, Hastings , Michigan, Pennsylvania

A lawsuit by the Philadelphia DA could stop Elon Musk's $1M-a-day voter giveaway as early as Friday. Musk has used the lottery to encourage voter registration and push swing-staters to the polls. Krasner's lawsuit says the giveaway is an unregulated lottery that violates Pennsylvania law. The DOJ did send a letter to America PAC warning that the giveaway might be illegal, a development first reported by 24sight News. America PAC did not announce a winner on Wednesday after the warning letter became public but has resumed announcements.

Persons: —, Larry Krasner, Krasner, Donald Trump —, Musk, Jordan, Hastings, Anne Marie B, Coyle, Richard Briffault, Republican megadonors Organizations: Philadelphia DA, Elon Musk's, Trump, Service, Elon Musk's America PAC, DA, Democratic, America PAC, PAC, Twitter, Business, Philadelphia, Republican, Democrats, America, Columbia Law School, Department, DOJ, 24sight News . America PAC Locations: Philadelphia, Pennsylvania, Georgia, Nevada , Arizona , Michigan , Wisconsin, North Carolina, Nevada, Hastings , Michigan

☆ It's a big week for Apple. Here's what to expect.
▼ + stars: | 2024-10-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Apple has a slate of announcements expected this week on top of earnings. Its long-awaited Apple Intelligence is expected to launch with software updates. Apple marketing head Greg Joswiak told his X followers on Thursday to "Mac" their calendars for a week of announcements from the tech giant. Apple Intelligence was a major talking point during the third-quarter earnings call. "With Apple Intelligence, we're very excited about the level of value we're going to provide to users," Cook said on theAugust callt.

Persons: Greg Joswiak, —, ince, ro, Organizations: Apple, Apple Intelligence, Service

☆ Wall Street braces for a Trump or Harris presidency. Here's what that means for your portfolio.
▼ + stars: | 2024-10-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, the first of our five-part refresher series on the potential impact Donald Trump and Kamala Harris presidencies could have on US consumers. Business Insider's Matthew Fox detailed how Wall Street sees former President Donald Trump and Vice President Kamala Harris affecting the investment landscape if they win the White House. One of the biggest areas where Harris and Trump differ is their proposed tax policies, which are believed to have big impacts on stocks. AdvertisementTrump's universal tariffs proposal is also viewed as having a big impact. It's a big week for Apple.

Persons: —, Donald Trump, Kamala Harris, Jenny Chang, Rodriguez, Matthew Fox, Harris, Trump, it's, Alyssa Powell, Joe Biden, Steve Sosnick, Neil Dutta, Goldman Sachs, Morgan Stanley, Rebecca Zisser, Elon Musk, James Yates, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Getty, BI, White, Bank of America, Interactive Brokers, JPMorgan, Twitter, Elon, Apple, Apple Intelligence, iOS, Venture, Ford Motors, MLB, LA Dodgers, New York Yankees, Forbes Locations: It's, New York, London, Chicago

☆ Bitcoin briefly tops $70,000 for the first time since June as investors await earnings, Election Day
▼ + stars: | 2024-10-28 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

In regular trading on Monday, crypto exchange platform Coinbase gained 5% and bitcoin proxy MicroStrategy jumped nearly 9%. The price of bitcoin was last higher by about 3% at $69,925.00, according to Coin Metrics. Bitcoin briefly climbed above $70,000 as investors braced themselves for MicroStrategy earnings and counted the days to the U.S. presidential election. The outcome is widely viewed as a key catalyst for the price of bitcoin, but investors have watching and waiting as the election approaches. Last week, bitcoin surged toward $70,000, but it ultimately fell short of the threshold.

Persons: Stocks, MicroStrategy, bitcoin, Bitcoin, Donald Trump, Kamala Harris Organizations: Metrics, U.S, Republican, Democratic

☆ Analysts give this Chinese tech stock 40% upside — but one CIO warns it could be a 'one trick pony'
▼ + stars: | 2024-10-28 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Chinese tech company Baidu garnered interest among investors following a 28% year-to-date drop in its share price — but one market watcher is unimpressed. For comparison, the Nasdaq Composite is up around 25.4% year-to-date, while the benchmark S & P 500 index is around 22.5% higher. According to FactSet data, of the 46 analysts covering the stock, 35 give it a "buy" or "overweight" rating, at an average price target is $125.41. BIDU YTD mountain Year-to-date shares in Baidu Among the reasons for Hsu's skepticism, is that Baidu as an internet search engine "is a one trick pony." "Baidu was riding high for a short while but ... the AI story may have sunset on Baidu and it will go back to being a one trick pony."

Persons: that's, Jason Hsu, CNBC's, Ernie Bot, Hong, Hsu —, —, Hsu, Baidu Organizations: Baidu, Rayliant Global Advisors, Nasdaq, China Equity ETF Locations: China

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