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Former US President Donald Trump sits in the courtroom at Manhattan criminal court in New York, US, on Thursday, April 18, 2024. Donald Trump on Saturday took to social media to deliver another tirade against the judge and the circumstances of his New York hush money trial, which wrapped up jury selection on Friday and is expected to begin opening arguments on Monday. "THIS SCAM 'RUSHED' TRIAL TAKING PLACE IN A 95% DEMOCRAT AREA IS A PLANNED AND COORDINATED WITCH HUNT," the 2024 presumptive Republican presidential nominee wrote in one of several Truth Social posts on Saturday morning. Trump's social media rants targeting Merchan and others involved in the trial have become a regular pattern for the former president, despite a gag order imposed in March. The prosecutors requested a $1,000 sanction for each of the three posts and asked the judge to warn Trump that future violations could result in jail time.
Persons: Donald Trump, HUNT, Juan Merchan, Trump, Stormy Daniels, Merchan, Michael Cohen Organizations: WHO, New, Manhattan Locations: Manhattan, New York, York, New York City, U.S
Jared Moskowitz mocked MTG, calling to make her "Putin's Special Envoy" to Congress. The move came in response to Greene's amendments that proposed Ukraine aid supporters enlist in the fight against Russia. AdvertisementJared Moskowitz, a Democrat representing Florida's 23rd congressional district, has openly mocked Marjorie Taylor Greene by saying he submitted an amendment appointing her as "Putin's Special Envoy to the United States Congress." Just submitted an amendment to Bill drafting appointing MTG as Putin’s Special Envoy to the United States Congress. https://t.co/Gn8Dd3lZwj — Jared Moskowitz (@JaredEMoskowitz) April 18, 2024Moskowitz submitted the proposal in response to Greene's amendments to the Ukraine aid bill.
Persons: Jared Moskowitz, MTG, Greene, , Marjorie Taylor Greene, Moskowitz, kTtrCUcglS —, Marjorie Taylor Greene 🇺🇸 ( Organizations: Russia, Service, United States Congress Locations: Ukraine, Florida's
The House passed a more than $60 billion bill that provides more military aid to Ukraine. 112 Republicans voted it against — the most ever, and a majority of the GOP conference. AdvertisementThe House of Representatives on Saturday passed a more than $60 billion bill to provide military and economic aid to Ukraine. A solid majority of Republicans voted against the bill, which passed by a 311-112 margin. 101 Republicans voted for it, and one Republican, Rep. Dan Meuser of Pennsylvania, voted "present."
Persons: , Dan Meuser, Marjorie Taylor Greene, Mike Johnson Organizations: Senate, GOP, Service, Republican, Business Locations: Ukraine, Pennsylvania
Last year, Taiwan Semiconductor Manufacturing Company reported its first profit decline in four years. The company said engineering wafer production began at the factory in April, an important step toward the eventual chip production. Last July, TSMC announced that chip production for the first factory would be postponed from 2024 to 2025. Barring further setbacks, TSMC's update could mean the first factory will begin production of chips in 2025. This funding could be particularly important for TSMC, given the cost of factory construction and chip manufacturing can differ between the US and Taiwan.
Persons: , TSMC, Biden, Joe Biden, — TSMC, Dylan Patel, SemiAnalysis, that's, Morris Chang, C.C, Wei Organizations: Service, Taiwan Semiconductor Manufacturing Company, Business, Biden, Financial Times Locations: Taiwan, Arizona, Phoenix, Japan, Germany
There is broad support in the Senate for Section 702 of the Foreign Intelligence Surveillance Act, and it will eventually be approved. We want to get FISA done as soon as we can, because it’s very important for our national security. So, both sides need to fully cooperate, if we want to get FISA done,” Schumer said on the floor. Under FISA’s Section 702, the government hoovers up massive amounts of internet and cell phone data on foreign targets. Senate Minority Leader Mitch McConnell also pressed for passage of FISA bill, which he said has a number of changes in it to address past “abuses” by the FBI.
Persons: Chuck Schumer, “ We’re, ” Schumer, Critics, Schumer, , Mitch McConnell, McConnell, Katie Bo Lillis Organizations: Washington CNN, Republicans, Foreign Intelligence, FISA, The New York Democrat, FBI, Kentucky Republican Locations: Ukraine, Israel, Taiwan
US House Speaker Mike Johnson (R-LA) speaks during a news conference following the House Republican caucus meeting at the US Capitol in Washington, DC, on November 29, 2023. Speaker Mike Johnson, facing intense opposition from right-wing members, received crucial help from Democrats to move forward with the votes. Passing this legislation would send a powerful message about the strength of American leadership at a pivotal moment," the White House budget office said in a statement Friday endorsing the House package. But Johnson, who opposed Ukraine aid last year before he became speaker, now says he believes it is "critically important," based on the intelligence and briefings he has since gotten. Democrats praised the move to proceed to House votes, highlighting their party's key role.
Persons: Mike Johnson, Joe Biden, Thomas Massie, Chip Roy, Ralph Norman, Johnson, — Massie, Marjorie Taylor Greene, I'm, Vladimir Putin, Don Beyer, Grace Meng Organizations: Republican, The, Democratic, White House, Administration, Naval Academy, U.S, Democrats, couldn't Locations: Washington ,, Ukraine, Israel, U.S, China, Ky, Texas, Europe, American
From the bloody trenches of the battlefield to crowded cities battered by Russian bombardments, millions of Ukrainians waited in nervous anticipation as the United States Congress prepared, after months of delay, to decide if America will resume providing their country with critical military support. Private Pavlo Kaliuk, who has been fighting to slow the Russian advance after the fall of the city of Avdiivka in eastern Ukraine earlier this year, was on his way to the funeral for a fallen soldier when reached by phone on Friday. “I am walking and thinking that maybe it’s my friend who died at war, who is up in the sky now, who will help the world and United States to support Ukraine,” he said. Ukraine cannot rely on divine intervention; instead it is counting on the House of Representatives to approve a $60 billion aid package on Saturday.
Persons: Pavlo Kaliuk, , Organizations: United States Congress Locations: America, Avdiivka, Ukraine, United States
By 2054, there will be an estimated 422,000 Americans age 100 and older — more than four times the 101,000 in 2024, according to a Pew Research Center analysis of U.S. Census Bureau data. What's more, the centenarian population has nearly tripled in the last three decades alone, according to Pew. Among the best ways to hedge against outliving one's savings is by working longer, according to retirement experts. That may be more necessary as employers have offloaded responsibility for retirement savings onto workers' shoulders, by shifting from pensions to 401(k)-type retirement plans. "People need to be prepared to work longer," he said.
Persons: Artur Debat, Pew . Irving Piken, Piken, Mark Rightmire, John Scott, Barry Glassman, Glassman, Pew's Scott, Scott Organizations: Pew Research, Census, Pew ., Woods Community, MediaNews, Orange, Getty, Finance, Wealth Services, Reference, Workers, Social Security, Security Locations: U.S, California
There had been estimates at the start of the week that jury selection could spill into a second week, and it appeared likely after Merchan lost two empaneled jurors on Thursday. Here are takeaways from the final day of jury selection in Trump’s hush money trial:The jury is setFour women and one man were added to the jury on Friday as five of the six alternates for the case. The fourth day of jury selection played out similarly to the first three. Trump is still trying to stop his trialDespite seating a jury, Trump’s legal team again tried to stop the trial in its tracks with another strategic appeal. The DA’s team argued at that point that the motion was premature because jury selection hadn’t happened yet.
Persons: Judge Juan Merchan, Donald Trump’s, Merchan, Trump –, , ” Trump, Michael Cohen, Donald Trump, I’m, , ” Merchan, Trump, Cliff Robert, Robert, Trump’s, Steven Wu, ” There’s, Prosecutors haven’t Organizations: CNN, Prosecutors, Trump, Manhattan, Attorney’s Locations: New York, Spain, New Yorker, Manhattan
And more than half of that group will primarily rely on Social Security for income, according to new research from the Alliance for Lifetime Income. Deciding when to claim Social Security retirement benefits is a high stakes decision. Eligibility for retirement benefits starts at age 62. But full retirement age – generally age 66 or 67, depending on an individual's birth year — is when retirees may receive 100% of the benefits they've earned. For each year you wait past full retirement age up to 70, you may receive an 8% benefit boost.
Persons: , they've, Teresa Ghilarducci Organizations: Social Security, Alliance for Lifetime, Social, The New School for Social Research, Alliance, Lifetime Locations: New
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDecember is 'closest possible date' for potential Fed cut, says Wells Fargo's Mark SmithMark Smith, Wells Fargo Advisors senior vice president and portfolio manager, joins CNBC's 'The Exchange' to share why he thinks the Fed will delay rate cuts until the end of the year and more.
Persons: Wells Fargo's Mark Smith Mark Smith Organizations: Wells, Advisors
Read previewIf former President Donald Trump keeps his promise to testify at his hush-money trial, cross-examination could get ugly. Prosecutors want to roast him on the stand for violating court orders, as the same fraud trial judge also found, in repeatedly citing Trump for gag-order violations. Related stories"We object to each," defense lawyer Emil Bove had said of all the acts prosecutors want to bring into the case. AdvertisementDuring the nearly two-hour Sandoval hearing, Bove complained of the DA's plans to the trial judge, state Supreme Court Justice Juan Merchan. When defense lawyer Susan Necheles suggested that not knowing the name now might "delay the trial," the judge reacted sternly.
Persons: , Donald Trump, Trump, E, Jean Carroll, what's, Sandoval, — scowling, Emil Bove, Bove, Juan Merchan, Carroll, Matthew Colangelo, Attorney Alvin Bragg, Merchan, Susan Necheles, Necheles Organizations: Service, Trump, Prosecutors, Business, Trump Organization, GOP, Attorney Locations: Manhattan
Read previewWhen my oldest son, Sam, joined his high school baseball team, I began tracking his location through Find My Friends on my iPhone. my husband asked. AdvertisementI finally asked my son what he'd preferI realized I should've asked Sam how he felt about it first. I told Rich that if Sam didn't have a problem with it, neither should he. It's not something I check regularly, and if my son asked me to stop, I would.
Persons: , Sam, hadn't, Rich, we'd, they'd, I'd, aren't, Life360, he'd, Sam didn't, He'd, didn't, he's Organizations: Service, Business
Organizations and individuals who delay investing in the latest AI PCs risk falling behind in an increasingly competitive landscape where technological advancements are essential for staying innovative, collaborative, and secure. These AI PCs possess the ability to anticipate and comprehend user requirements, resulting in a highly personalized and responsive interaction. The new Latitude AI PCs can deliver up to 38% less power when running AI-enhanced collaboration features like Zoom.22. Content creators can save time by generating images 1.7 times faster with StabilityAI on their Dell AI PCs or Dell AI workstations with new Intel processors.33. Knowledge workers can optimize their Dell AI PCs by utilizing just 1% of CPU usage, effectively detecting malware with Crowdstrike4.
Persons: cyberattacks, Dell, Read, Forrester Organizations: Forrester, Processing, Dell, Intel, Dell Optimizer, Dell Technologies, Insider Studios, Forrester Consulting, Services Locations: NPU, Argentina, Chile, China, Colombia, Costa Rica, Guatemala, Hong Kong, Korea, Malaysia, Russia, South Africa, Taiwan, Ukraine, Venezuela, Vietnam, Thailand, Philippines
The tough times will continue for Tesla as the company potentially pivots from building a low-cost entry vehicle in favor of self-driving technology, according to a longtime bullish analyst at Deutsche Bank. On the same day, Musk said Tesla would unveil a robotaxi design on Aug. 8 . CNBC reported on Monday that Musk told employees Tesla would be cutting more than 10% of its global workforce . "We worry there is considerable execution risk to the development of Robotaxi technology and that a fleet deployment could be years away." TSLA YTD mountain TSLA year to date Tesla is the second-worst performer in the S & P 500 this year.
Persons: Tesla, Emmanuel Rosner, Elon Musk, Musk, Rosner, robotaxis Organizations: Deutsche Bank, Reuters, Tesla, CNBC Locations: China, California
In February, they sued the company, claiming that Trump Media — which made its trading debut last month at an $8 billion valuation — was trying to deprive them of the full value of their shares. Now they also claim the company is trying to prevent them from selling those shares. In a separate lawsuit that followed, Trump Media claimed that Mr. Moss and Mr. Litinsky should forfeit their shares because their poor decision-making had contributed to a yearslong delay in its merger with Digital World Acquisition Corporation. Trump Media agreed to merge with Digital World, a cash-rich shell company, in 2021 as a way to go public, but the deal closed only in March. The pair’s stake is worth more than $220 million based on the current $26 share price of Trump Media, compared with $2 billion for Mr. Trump.
Persons: Wes Moss, Andy Litinsky, Donald J, Trump, Moss, Litinsky Organizations: Trump Media & Technology Group, Truth, Trump Media, Acquisition Corporation
Taiwan Semiconductor Manufacturing — U.S.-traded shares of the Taiwanese chipmaker fell 2.4% despite beating revenue and profit expectations in the first quarter. Blackstone — The asset manager slipped 2.2% after lowering its dividend to 83 cents per share from 94 cents per share. EBay — Shares of the e-commerce stock rose nearly 4% following a double upgrade at Morgan Stanley to overweight from underweight. Etsy — The e-commerce stock slumped nearly 5% following a downgrade by Morgan Stanley to underweight from equal weight. Match Group — Shares slipped nearly 2% after Morgan Stanley downgraded shares to equal weight from overweight.
Persons: D.R, Horton —, Horton, LSEG, Blackstone, Morgan Stanley, Etsy, Alex Harring, Sarah Min, Jesse Pound, Fred Imbert Organizations: Taiwan Semiconductor Manufacturing, Deutsche Bank, Alaska Air —, Revenue, Alcoa, EBay, Communications, Rosenblatt Securities Locations: Taiwan, LSEG
Asked for proof of his claim that Mr. Biden was personally directing the local cases against him, Mr. Trump pointed to purported ties between prosecutors and “Washington,” but provided no evidence that Mr. Biden had been involved in any of the hiring decisions, conversations or meetings that Mr. Trump cited. The writer E. Jean Carroll filed her first lawsuit against Mr. Trump in November 2019, accusing him of defamation. Faulty and irrelevant comparisonsWhat Mr. Trump Said“I got indicted more than Al Capone.”— in a rally in Ohio in MarchFalse. Mr. Hur described Mr. Biden as a “well-meaning, elderly man with a poor memory” who had “diminished faculties and faulty memory.” He did not declare Mr. Biden mentally incompetent to stand trial. Inaccurate attacks on judgesWhat Mr. Trump Said“Judge Juan Merchan is totally compromised, and should be removed from this TRUMP Non-Case immediately.
Persons: Donald J, Trump, President Biden, Trump’s, , Trump Said “ Biden, General Merrick B, Garland, Trump “, Biden, Mr, Doug Mills, Trump Said, Jack Smith, Merrick Garland’s, Fani Willis, Letitia James, Alvin L, Bragg, Matthew Colangelo, Colangelo, , James’s, Colangelo’s, Bragg ramped, Willis, Willis — Nathan J, Wade, Ketanji Brown Jackson, Kamala Harris, Harris, Crooked Joe Biden, James, Jean Carroll, Smith, Brittainy Newman, Alexei Navalny, Navalny, Letitia James ’, Hunt, PolitiFact, Trump Said “, Al Capone, Capone, Brad Schwartz, Hillary, Bill, Bush, Reagan, Hillary Clinton, Clinton, Bill Clinton’s, Taylor Branch, Branch, , Barack Obama, George W, Bill Clinton, George H.W, Ronald Reagan, Robert K, Hur, Biden’s, Juan Merchan, Loren, Loren Merchan, Merchan, Merchan’s, Justice Merchan, Ahmed Gaber, Arthur F, Justice Engoron, Engoron Organizations: New York, Democratic Party, Trump, Justice Department, The New York Times, The, White House, Trump . Credit, New York Times, American People, Biden Administration, Prosecutors, Mr, Manhattan, Washington, Fox News, New, Times, White, Counsel’s Office, Supreme, Black, Trump Organization, Democrat, Companies, Exxon Mobil, Trump Foundation, Trump University, Associated, National Archives, Records Administration, TRUMP, Twitter, Credit Locations: Manhattan, Georgia, Trump ., Washington, New York, “ Washington, Fulton County ,, Russian, New, Ohio, Fla, South Carolina, Trump’s Florida, Beach
Analyst Laura Champine also lowered her price target to $80 from $85, implying a 6% increase for the stock. "New York City office is one of the few REIT subsectors seeing improved demand," the analyst wrote. The bank double-upgraded the e-commerce platform to overweight from underweight and hiked its price target to $62 from $35. Feather added that eBay stock is currently trading at a discount versus peers, with Etsy trading around 35% higher. "JetBlue's DNA aligns with our broader preference for loyalty, premium, and international exposure ... albeit with less vigor than the Big 3," the analyst wrote.
Persons: TD Cowen, Morgan Stanley, Needham, Laura Martin, Andy, Martin, — Jesse Pound, Laura Champine, Champine, — Lisa Kailai Han, Tesla, Emmanuel Rosner, Elon Musk, Rosner, Fred Imbert, John Kim, Kim, SLG, KeyBanc, Eric Heath, Heath, Nathan Feather, Feather, James West's, West, Jamie Baker, Baker, Lisa Kailai Han, Matthew Ramsay, Ramsay Organizations: CNBC, Nvidia, Amazon, Wholesale, BJ's Wholesale, Deutsche Bank, Tesla, Reuters, BMO Capital Markets, Green Realty, New York City, SL Green Realty, SL Green, SL, KeyBanc, eBay, EBAY, GE, ISI, GE Vernova, General Electric, JPMorgan, JetBlue JPMorgan, JetBlue, Jetblue, Technology, NVIDIA, Match Group Locations: China, Manhattan, York City, Wednesday's, York
A federal judge on Thursday rejected former President Donald J. Trump’s attempt to delay a group of civil lawsuits that are seeking to hold him accountable for inspiring the violence at the Capitol on Jan. 6, 2021. Mr. Trump had sought to have the suits put on hold until after the completion of his federal criminal trial connected to many of the same events. But in a nine-page ruling, the judge, Amit P. Mehta, decided that the civil lawsuits could move forward without running the risk that Mr. Trump might damage his chances in the criminal case by revealing his defense strategy prematurely or making statements that prosecutors might use against him. Last month, when lawyers for Mr. Trump first asked Judge Mehta to postpone the civil cases, it was the latest example of the former president seeking to pit his multiple legal matters against one another in an effort to delay them. In the past few days, Mr. Trump has also sought to push back an important filing deadline he is facing in his classified documents case in Florida by arguing that the lawyers who have to write the court papers in question need more time because they are busy representing him at yet another criminal trial — the one in Manhattan where he stands accused of falsifying business records to cover up a sex scandal on the eve of the 2016 election.
Persons: Donald J, Trump’s, Trump, Amit P, Mehta, Judge Mehta Organizations: Capitol, Mr Locations: Florida, Manhattan
Nearly 1.5 million teenage girls in some of the world’s poorest countries will miss the chance to be protected from cervical cancer because the drugmaker Merck has said it will not be able to deliver millions of promised doses of the HPV vaccine this year. Merck has notified Gavi, the international organization that helps low- and middle-income countries deliver lifesaving immunizations, and UNICEF, which procures the vaccines, that it will deliver only 18.8 million of the 29.6 million doses it was contracted to deliver in 2024, Gavi said. That means that more than 10 million girls will not receive their expected HPV shots this year — and 1.5 million of them most likely will never get them because they will be too old to qualify for the vaccine in subsequent years. Patrick Ryan, a spokesman for Merck, said the company “experienced a manufacturing disruption” that required it to hold and reinspect many doses by hand. He declined to give further details about the cause of the delay.
Persons: Merck, Gavi, Patrick Ryan Organizations: Merck, UNICEF
TikTok is in the hot seat once again in Washington
  + stars: | 2024-04-18 | by ( Brian Fung | ) edition.cnn.com   time to read: +4 min
An earlier version of the TikTok bill sailed through the House in March, but it has become bogged down in the Senate. Opponents, including TikTok and a range of civil society groups, have argued the bill risks violating TikTok users’ First Amendment rights. President Joe Biden has said he would sign the House TikTok bill if it reaches his desk. The latest version of the TikTok bill contains some updates. One key senator who was doubtful of the initial House TikTok bill appeared satisfied.
Persons: TikTok, Mike Johnson, Donald Trump, Joe Biden, there’s, , Johnson, , Washington Democratic Sen, Maria Cantwell, I’ve, Cantwell, Cathy McMorris Rodgers Organizations: CNN, Republicans, Senate, House Republicans, Washington Democratic, Oracle, Republican, Washington Rep Locations: Israel, Ukraine, China, India, Texas
Read previewMembers of a disabled basketball team were left with "chaos" and hours of delay after Southwest Airlines dismantled dozens of their wheelchairs on a recent flight. Wheelchair basketball teams typically travel with two chairs each —their sporting ones and their everyday ones, Shields told BI. It "was just complete chaos," despite the attempts of the pilot and a stewardess to help out, Shields told BI. In a statement to BI, Southwest Airlines said that there had been a delay in its staff reassembling the chairs, and that it had reviewed the situation and was addressing it. AdvertisementWalker also said that airlines need to stop treating the loss of wheelchairs as equivalent to a mere luggage issue.
Persons: , Shields, they'd, Brigitte McIntee, didn't, McIntee, Myranda Shields Shields, It's, Justin Walker, Walker, Troy Bell, Louis Vuitton Organizations: Service, Southwest Airlines, National Wheelchair, Richmond International Airport ,, Business, Wheelchair, Wheelchair Suns, Department of Transportation, Richmond International Airport, Southwest, CBS, Staff, TSA Locations: Richmond International Airport , Virginia, Richmond, stow
A direct war between Israel and Iran could lead to substantially higher oil prices through 2025, according to Bank of America. This scenario assumes that Iran's crude oil production falls by up to 1.5 million barrels per day due to the war. Crude oil prices have fallen for three consecutive trading sessions in the wake of Iran's weekend missile and drone assault against Israel. The bank has penciled in the first Fed interest rate cut in December, and oil prices would come down by then though remain elevated. "Should supply losses build up regionally, it may also prove difficult to access spare production capacity, so oil prices would likely settle above $150/bbl for several months," the bank's analysts forecast.
Persons: Brent, Israel, Michael Bloom Organizations: Bank of America, Israel, Bank, Federal, bbl, Israeli Locations: Israel, Iran, OPEC, U.S
Travelers — Shares fell nearly 5% after the insurance company reported an earnings and revenue miss for its first quarter. Revenue was $10.18 billion compared with the $10.51 billion expected. J.B. Hunt Transport Services — Shares sank 8% a day after the transportation and logistics company reported an earnings and revenue miss for its first quarter. ASML Holding — U.S.-listed shares sank 5% after the Dutch semiconductor company posted revenue and new bookings that came in below consensus estimates. Omnicom — The stock added nearly 3% a day after the communications company reported an earnings and revenue beat for its first quarter.
Persons: Eli Lilly, ResMed, Eli Lilly's, Zepbound, J.B, Hunt, Joe Biden, TD Cowen, Ferrari, Bernstein, , Dealbook, Kate Spade, Jesse Pound, Hakyung Kim, Sarah Min, Fred Imbert Organizations: LSEG, Revenue, Travelers, United Airlines, Hunt Transport, ASML, Urban, Jefferies, Autodesk, Alcoa, United Steelworkers, Ferrari, Abbott, Abbott Laboratories, New York Times, Federal Trade Commission Locations: J.B, China, Pittsburgh
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