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Donald J. Trump’s legal team on Friday repeatedly attacked a law clerk during the former president’s civil fraud trial, overshadowing Eric Trump’s second day on the witness stand and prompting the judge to bar the lawyers from making public statements about his private communications with his staff. The judge, Arthur F. Engoron, works closely with the clerk, Allison Greenfield, and the two often speak and pass notes on the bench. Ms. Greenfield previously worked as a trial attorney in New York City’s law department, and the judge appears to rely on her expertise when considering rules of evidence and other matters. But the former president has taken issue with her involvement in the monthlong trial — Ms. Greenfield is a Democrat and Mr. Trump believes she is biased against him — and his lawyers have complained about her regularly. He said that the lawyers’ arguments had no basis, that their accusations of bias were false and that failure to heed the order would result in “serious sanctions.”

Persons: Donald J, overshadowing Eric Trump’s, Arthur F, Allison Greenfield, Greenfield, Trump, —, Christopher M, Kise, Justice Engoron Locations: New York, Greenfield

But his testimony was overshadowed by a testy back-and-forth between Justice Arthur F. Engoron and one the Trump lawyers over the judge’s law clerk, Allison Greenfield. The lawyer, Christopher M. Kise, repeatedly objected to the clerk communicating with the judge through notes and suggested she has a bias. In his testimony Friday, Eric Trump consistently batted away questions about what he knew of the Trump Organization’s financial statements, claiming he did not know the granular details. During hours on the stand on Thursday in State Supreme Court in Manhattan, Eric Trump and his older brother, Donald Trump Jr., had blamed outside accountants for errors in company financial statements. The documents are at the heart of the civil case, which accuses the brothers, their father and the family’s Trump Organization of defrauding banks and insurers.

Persons: Eric Trump, Donald J, Arthur F, Allison Greenfield, Christopher M, Kise, Greenfield, “, ”, Donald Trump Jr, Letitia James Organizations: Trump, Court, family’s Trump Organization, Trump Organization Locations: Florida, Manhattan

☆ Stocks making the biggest moves before the bell: Hasbro, Southwest, Hershey, Royal Caribbean and more
▼ + stars: | 2023-10-26 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Hasbro earned $1.64 per share excluding items on $1.5 billion in revenue, while analysts polled by LSEG had anticipated $1.70 per share in earnings and revenue at $1.64 billion. Southwest posted $6.53 billion in revenue, while analysts surveyed by LSEG expected $6.57 billion. Bristol-Myers topped earnings expectations and posted revenue that was in line with expectations. ServiceNow — The software stock rose more than 3% after posting stronger-than-expected quarterly results and sharing solid subscription revenue expectations for the current period. UPS – The shipping company saw shares decline 3% premarket following its third quarter earnings report.

Persons: LSEG, Revlimid, Myers, Overstock.com, Hershey, overshadowing, Mattel —, ServiceNow, it's, Silver Lake, —, Sarah Min, Tanaya Macheel, Samantha Subin, Lisa Kailai Han, David Paul Morris Organizations: Hasbro, Southwest —, Southwest, Myers, Bristol, Overstock.com, FactSet, Royal Caribbean, Mattel, Wednesday, UPS, Endeavor Group Holdings, Endeavor, Holdings, WWE, UFC, Barclays —, Bank of America, Barclays, underperform, Hasbro Inc, Target Corp, Bloomberg, Getty Locations: Bristol, Nextracker, FactSet, Thursday's premarket, Emeryville , California, U.S

NEW YORK (AP) — Donald Trump isn’t used to constraints. Trump is not only a former president, but also the leading candidate for the 2024 Republican presidential nomination. Just days ago, he was fined $5,000 for violating the same gag order, which Engoron imposed after Trump targeted his principal law clerk on social media. Indeed, things are likely to get much more complicated for Trump in the coming months as his four criminal trials get underway. New York court officials have beefed up security for judges and court personnel involved in Trump matters in the wake of the threats.

Persons: — Donald Trump isn’t, Trump, “, ” Judge Arthur Engoron, ”, Jimmy Gurule, Engoron, Radical Left Democrat ”, Letitia James “, ” Gurule, jailing, Gurule, overshadowing, Laurie Levenson, he’s, —, Jack Smith, ” Levenson, Martin Shkreli, Hillary Clinton’s, Sam Bankman, Smith, “ weaklings, Aileen Cannon, Juan Manuel Merchan, ” Engoron, fining Trump, ___ Tucker, Durkin Richer, Michael R, Michelle L, Price, Jake Offenhartz, Jennifer Peltz Organizations: White, Republican, Notre Dame, Radical Left Democrat, New York, Trump, Loyola Law School, ” Prosecutors, Associated Press Locations: New York, York, Brooklyn, Manhattan, Washington, Trump, Boston, Sisak

☆ S&P 500 futures are little changed after Microsoft and Alphabet report: Live updates
▼ + stars: | 2023-10-24 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

S&P 500 futures were little changed Tuesday night as investors digested quarterly results from tech giants Microsoft and Alphabet. Futures tied to the S&P 500 lost 0.06%. The S&P 500 and Nasdaq Composite gained 0.7% and 0.9%, respectively. Traders will be keeping an eye on several more key quarterly reports during one of the busiest weeks of earnings season. Boeing will be posting its quarterly results Wednesday before the bell, followed by IBM and Meta in the afternoon.

Persons: Dow, We're, Adam Parker Organizations: Microsoft, Nasdaq, Dow Jones Industrial, Research, Boeing, IBM, Meta

☆ Joan Laporta: FC Barcelona president under investigation for bribery and other crimes, according to court document
▼ + stars: | 2023-10-18 | by ( Matias Grez | Patrick Sung | ) edition.cnn.com time to read: +5 min

CNN —FC Barcelona President Joan Laporta is officially being investigated as a “suspect” in the ongoing alleged improper payment scandal, according to court documents obtained by CNN – the latest twist in a scandal overshadowing the club and Spanish soccer. The investigation relates to alleged improper payments made by Barça to José María Enríquez Negreira, a former leading refereeing official in Spain. CNN has reached out to FC Barcelona for comment from Laporta but has yet to hear back. Laporta began his second term as club president in 2021. “As such, the statute of limitations of the crimes referred to previously has not expired in respect to [Laporta], as well as those people who were members of the Board of Directors of FC Barcelona respectively during his leadership,” Wednesday’s court document read.

Persons: Joan Laporta, ”, Barça, Judge Joaquín Aguirre López, Enríquez Negreira, Javier, Aguirre López, “, –, Judge Aguirre López, Negreira, invoiced, Blaugrana, Xavi, Caso, Juan Manuel Serrano Arce, Laporta’s, Laporta, Pau Mosquera Organizations: CNN — FC Barcelona, CNN, Spanish, 1st, FC Barcelona, Mundo Deportivo, Caso, Prosecutors, CTA, Osasuna, Barcelona, Estadio El Locations: Spain, Barcelona, Spanish, Estadio El Sadar

☆ Analysis: Biden's Middle East mission was thrown into turmoil even before he left
▼ + stars: | 2023-10-17 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

A devastating blast at a hospital in Gaza believed to have killed hundreds of people prompted Jordan to cancel the second leg of Biden’s trip. And like any major presidential intervention in a troubled world, Biden’s visit carries the possibility of failure that could damage his political standing at home. Hamas accused Israeli forces of attacking the hospital and killing between 200 to 300 people. A global outpouring of support for Israel risks overshadowing the growing human toll of its attacks against Hamas targets in Gaza. Clashes have already broken out in Ramallah, the seat of the Palestinian Authority in the West Bank after the Gaza hospital blast.

Persons: Joe Biden’s, Jordan, he’d, Benjamin Netanyahu’s, –, Biden, he’ll, David Axelrod, CNN’s Oren Liebermann, Zachary Cohen, Israel, King Abdullah, Abdel Fattah el, Mahmoud Abbas, ”, Ayman Safadi, Antony Blinken, Israel Biden, Netanyahu, Netanyahu’s, ” Biden, Donald Trump, Trump, ” Trump Organizations: CNN, West, –, Israel Defense Forces, Islamic, Zachary Cohen Tuesday, Biden, Andrews Air Force Base, Palestinian Authority, West Bank, Jordan’s, White, Hamas, Israel, Fury, Trump Locations: Washington, Gaza, Israel, Amman, West Bank, Lebanon, Iraq, Iran, Tunisia, Middle East, United States, Maryland, Jordan, Al Jazeera, Egypt, Ramallah, Saudi Arabia, Ukraine, New York

Although China’s interest has declined, other U.S. corn export demand has been better than a year ago. USDA predicts 2023-24 U.S. corn exports to rise 23% on the year to 52.1 million tons (2.05 billion bushels). Total U.S. corn export sales for 2023-24 minus those to China are almost 40% higher than at the same point a year ago. Corn sales were closer to average over that same time frame, but both corn and soy are being limited by Brazil’s rising presence. Brazilian corn and soybean exportsIn the first eight months of 2023, some 18% of Brazil’s corn exports went to China compared with none in the previous years.

Persons: Rio, corn’s, Karen Braun, Rod Nickel Organizations: Lucas, U.S . Department of Agriculture, U.S, USDA, Reuters, Thomson Locations: Mato Grosso, Brazil, NAPERVILLE , Illinois, China, U.S, Mexico, United States

CNN —FC Barcelona and several of the soccer club’s current and former executives are officially being investigated as suspects for “the sustained crime of active bribery,” according to a court document obtained by CNN – the latest twist in an alleged improper payment scandal overshadowing Spanish soccer. The investigation relates to alleged improper payments made by Barcelona to José María Enríquez Negreira, a former leading refereeing official in Spain. The spokesperson declined to share more details about the search but said that no arrests are expected to be made. He added that in his opinion the payments “produced the desired effects on referees,” resulting in “consequent systemic corruption in … Spanish refereeing” affecting soccer in the country. CNN has reached out to Negreira via his company for comment but did not immediately receive a response.

Persons: “, –, Javier Soriano, invoiced, Negreira, ” Judge Joaquín Aguirre López, Aguirre López, ”, Barça, Caso, Xavi, Juan Manuel Serrano Arce, Javier Tebas, Los Blancos, CNN’s Matt Foster Organizations: CNN — FC Barcelona, CNN, Spain’s Civil Guard, Royal Spanish Football Federation, Guardia Civil, An FC Barcelona, Caso, Spanish, AFP, Getty, Prosecutors, CTA, 1st, La Liga, Barcelona, Osasuna, Civil Guard, Real, Real Madrid, UEFA Locations: Barcelona, Spain, Guardia, Spanish, Real Madrid

☆ Morning Bid: Treasury yields march on
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

Long-term Treasury yields, traditionally subdued in Asian hours, spiked to a fresh 16-year peak , keeping the dollar close to multi-month tops to G-3 rivals the euro, pound sterling and yen. Reuters GraphicsAngst over tighter financial conditions pulled down Asia Pacific stocks as well, overshadowing Wall Street's overnight rally and sounding a warning for European equities. Investor jitters were evident in the underperformance of the Hang Seng's property index (.HSMPI), down a resounding 1.9%. Moody's has upped the stakes with a stern warning that potentially puts the country's last triple-A rating on the line. It comes as the U.S. budget deficit continues to widen on higher spending and falling tax receipts.

Persons: Jonathan Ernst, Kevin Buckland, Hong, Moody's, Philip Lane, Riksbank's Per Jansson, Jacqueline Wong Organizations: . Federal, REUTERS, Reuters, Asia, Japan's Nikkei, fester, Bloomberg, U.S, Treasury, Thomson Locations: Washington, Asia Pacific

There's co-owner Denny Hamlin, who has won at the track four times, more than anyone else. Political Cartoons View All 1148 ImagesHamlin got a poor jump on the last restart, couldn't chase Reddick down and finished second. Then the bottom lane opened up there and it was crazy.”Even crazier: It was the third win for the No. 45 car of 23XI in the last four races at Kansas , and all with different drivers after Busch and Wallace won last year. Its owner, meanwhile, nearly pulled off the sweep after Hamlin won in the spring.

Persons: Tyler Reddick, There's, Denny Hamlin, Kurt Busch, Bubba Wallace, Reddick's, Billy Scott, ”, Reddick, Hamlin, couldn't, Erik Jones, Kyle Larson, Joey Logano, “, ” Reddick, Wallace, Joe Gibbs, It's, ” Hamlin, Chris Buescher, — Reddick, Martin Truex, Larson, Brad Keselowski, Chase Elliott, Elliott, Buescher, Logano, WHO’S, Truex, Kevin Harvick, Christopher Bell Organizations: KANSAS CITY, Kan, 23XI, Kansas Speedway, Kansas, NASCAR, Darlington, Busch, Bristol, Keselowski, Team Penske, RFK Racing, Daytona, Truex Locations: KANSAS, Denny, Kansas, Bristol, Talladega

☆ At the U.S. Open, Coco Gauff and Company Stake Their Claim
▼ + stars: | 2023-09-10 | by ( Kurt Streeter | More About Kurt Streeter | ) www.nytimes.com time to read: +1 min

Led by Coco Gauff and a cast of charismatic upstarts, tennis hit a sweet spot at this year’s U.S. Open with a diverse blend of old and right now, signaling the game is freshly and firmly energized as it enters a new era. At this tournament, the commanding arrival of Gauff, who won the women’s singles title Saturday evening, along with memorable performances by Ben Shelton and Frances Tiafoe, proved that thinking wrong. At the Billie Jean King National Tennis Center, a quartet of legends no longer stifled the game, overshadowing the sometimes stalled forward motion of the young players coming behind. You could feel it on the grounds, which filled with so many spectators that it often appeared there was no space to move without bruising a shoulder. This year’s event set attendance records nearly every day.

Persons: Coco Gauff, Serena Williams, Roger Federer, Rafael Nadal, Novak Djokovic, Daniil Medvedev, Gauff, Ben Shelton, Frances Tiafoe, Billie Jean King Organizations: Billie Jean King National Tennis Center Locations: U.S

☆ Countries of the global south helped avoid Ukraine overshadowing G20 agenda - Lavrov
▼ + stars: | 2023-09-10 | by ( Katya Golubkova | ) www.reuters.com time to read: +1 min

Russian Foreign Minister Sergei Lavrov speaks at a press conference, during the G20 summit, in New Delhi, India, September 10, 2023. REUTERS/Francis Mascarenhas Acquire Licensing RightsNEW DELHI, Sept 10 (Reuters) - Russian Foreign Minister Sergei Lavrov called the G20 summit in India a success and said that due to the consolidated position of the countries of the global south, Russia managed to ensure the G20 agenda was not overshadowed by the Ukraine conflict. Russia's 2022 invasion of Ukraine has left tens of thousands dead, displaced millions and sown economic turmoil across the world. Lavrov also said the Russia was willing to return to the Black Sea grain deal as soon as its conditions are met. Lavrov said Russia values the attempts by the United Nations to facilitate grain talks but called it "west only talks".

Persons: Sergei Lavrov, Francis Mascarenhas, Lavrov, Swati Bhat, Jacqueline Wong, Kim Coghill Organizations: Russian, REUTERS, United, Thomson Locations: New Delhi, India, DELHI, Russia, Ukraine, Moscow, United Nations, Turkey

☆ ASEAN welcomes world leaders as China-U.S. rivalry overshadows region
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +4 min

The United States and its allies have echoed ASEAN's calls for freedom of navigation and overflight and to refrain from building a physical presence in the area. Just before this week's gatherings, China released a map with its "10-dash line" delineating what it considers its waters, that appeared to expand its claims in the South China Sea. The United States has also courted ASEAN countries with varying degrees of success. 'GREAT DANGER'Lina Alexandra, a political analyst at think tank CSIS, said the draft was "very weak on the issues of the South China Sea". President Joko Widodo of ASEAN chair Indonesia warned on Tuesday that members must not become proxies in big-power rivalry.

Persons: Ferdinand " Bongbong, Marcos Jr, Lee Hsien Loong, Ministry of Foreign Affairs Sarun, Pham Minh Chinh, Li Qiang, Joko Widodo, Kamala Harris, Joe Biden, Xi Jinping, ASEAN's, Lina Alexandra, Alexandra, Wednesday's, Aung, Suu Kyi, Stanley Widianto, Kate Lamb, Kanupriya Kapoor, Robert Birsel Organizations: Singapore's, Ministry of Foreign Affairs, Vietnam's, ASEAN, Wednesday, The Association of Southeast Asian Nations, U.S, White, United, Reuters, CSIS, Thomson Locations: Philippines, Laos, JAKARTA, United States, China, Japan, South Korea, Australia, India, South China, States, South, Indonesia, ASEAN, Myanmar, Suu, Brunei, Cambodia, Malaysia, Singapore, Thailand, Vietnam

☆ Luis Rubiales: As under-fire soccer chief stands firm, women's soccer in Spain may be preparing for new beginnings
▼ + stars: | 2023-09-03 | by ( Aimee Lewis | ) edition.cnn.com time to read: +8 min

Spain won the Women’s World Cup for the first time last month yet, just two weeks on, no one is talking about the success. In that intoxicating, finite pocket of time, Spain’s players had the freedom to lose themselves in the victory of their lives. The decades-long battle for equality in women’s soccer, and society, has a way to go but nothing changes in silence. But beyond the headlines, this is a story which symbolizes the problems within women’s soccer and society, of women not being respected or listened to. England women’s head coach Sarina Wiegman dedicated her UEFA Women’s Coach of the Year award to the Spanish national team.

Persons: wasn’t, “, ”, Luis Rubiales ’, Rubiales, Jenni Hermoso’s, Hermoso, Luis Rubiales, Jenni Hermoso, Spain’s, ’, there’s, Ballon d’Or, Alexia Putellas, Maddie Meyer, –, Aitana Bonmatí, hasn’t, Jorge Vilda, England, Sarina Wiegman, ” Wiegman, Putellas Organizations: CNN, Spain, country’s, United, Human, Spain soccer, England, FIFA, Royal Spanish Football Federation, Spanish, soccer, TUDN, UEFA, Liga, “, Spanish national Locations: Spanish, Spain, Sydney, Eurasia, Rubiales

☆ China's economy isn't on the verge of collapse, and markets are overlooking these indicators, China Beige Book says
▼ + stars: | 2023-08-31 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Chinese consumer spending rebounded in certain sectors, Shehzad Qazi told Bloomberg TV. But the managing director at China Beige Book added that property markets will remain a concern. "There's a dangerous consensus out there right now that China is on the verge of collapse. And while Qazi dismissed warnings about China's economy collapsing, he acknowledged it faces major headwinds. Qazi predicted that the real estate sector will remain a thorn for the Chinese economy in the longer term, as it undergoes a multi-year restructuring.

Persons: Shehzad Qazi, Qazi Organizations: Bloomberg, Service, CNBC Locations: China, Wall, Silicon

☆ Here are 2 major themes to watch in the week ahead after Friday's market rally
▼ + stars: | 2023-08-26 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

As August is known to be, it's been a rough month-to-date for all three of those stock market benchmarks so far. This past week, the overall market was oversold, according to Jim Cramer's trusted S & P Oscillator. After Friday's strong finish, we'll see if the market's oversold condition abates as two major themes play out in the week ahead: Earnings from two Club names — Salesforce (CRM) and Broadcom (AVGO) — and key economic reports ahead of September's Fed meeting. Outside of the labor market and inflation, we'll also get a look at the housing market with the pending home sales on Wednesday. As we heard from fellow Club name Palo Alto Networks (PANW) last week, companies are growing more cautious and more closely scrutinizing large sales deals.

Persons: Jerome Powell's, Powell, it's, Jim Cramer's, Friday's, —, It's, we've, we'll, we're, Salesforce, AVGO, We're, Brown, Forman, Campbell Soup, LULU, Jim Cramer, Jim, Angela Weiss Organizations: Nasdaq, Federal, Nvidia, Dow Jones, Broadcom, Fed, Labor, Club, Palo Alto Networks, VMWare, HEICO Corporation, Bank of Montreal, BMO, Bank of Nova, Hewlett Packard Enterprise, HP, PVH Corp, Patterson Companies, Veeva Systems, UBS, Academy Sports, Hormel, Signet Jewelers, Dell Technologies, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Jackson Hole , Wyoming, China, Bank of Nova Scotia, New York City

☆ Analysis: A remarkable day at Fulton County jail as Trump's surrender looms
▼ + stars: | 2023-08-23 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

And yet, the flurry of activity on Tuesday in Fulton County, Georgia, showed that more than two years after Trump’s effort to defy the will of voters, the wheels of justice are grinding forward and that consequences may be nearing. Eastman later defiantly claimed the country had crossed a “Rubicon” in the Georgia case and declared he still believed the election was stolen – despite a mountain of evidence to the contrary. And Rudy Giuliani, the hero of 9/11, is set to meet with the Fulton County District Attorney’s Office on Wednesday to discuss a bond agreement, sources told CNN. What the Fulton County theatrics say about the caseThe events unfolding at the Fulton County jail this week are important because they shed light on the contours and complexity of the Georgia case. He also visited the site of a post-election audit in Cobb County, Georgia.

Persons: Donald Trump’s, Trump, he’s, Jenna Ellis, she’s, John Eastman, Mike Pence, Joe Biden’s, Eastman, Scott Hall, Mark Meadows, Rudy Giuliani, He’s, Bernie Kerik –, Giuliani, who’d, Jack, Lago, Taveras, Fani Willis, Meadows, Brad Raffensperger, Jeffrey Clark, Willis, Vladimir Putin Organizations: CNN, Republican, Electoral College, White House, New York Police, Trump, Mar, Georgia, Former Locations: Atlanta, Fulton County , Georgia, Georgia, Fulton County, Fulton, Manhattan, Meadows, Cobb County , Georgia

☆ Analysis: Donald Trump's expected Georgia surrender and debate no-show shatter campaign conventionality
▼ + stars: | 2023-08-21 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

The GOP front-runner is expected to surrender, potentially for fingerprinting and a mug shot, on Thursday or Friday, a senior law enforcement source told CNN. His legal quagmire is likely to yet again dominate the GOP race, drowning out rivals who have so far largely failed to exploit Trump’s four indictments. It’s a tactic that appears to be working among GOP primary voters given his wide polling lead thus far. Ron DeSantis – announced that, as expected, he’d skip the debate in Milwaukee. Asa Hutchinson, said on CNN’s “State of the Union” on Sunday that Trump’s legal troubles will force every Republican on the debate stage to show their hand.

Persons: Donald Trump, –, That’ll, Trump, he’s, quagmire, Joseph Stalin, Mao Zedong, Joe Biden’s, Fani Willis, Biden, Ron DeSantis –, ” Trump, “, Chris Christie, Asa Hutchinson, ”, “ Donald Trump, ” Hutchinson, Kasie Hunt, Christie, Hutchinson, Tucker Carlson, Larry Hogan Organizations: CNN, GOP, Trump, Post, Republican, CBS News, Florida Gov, Truth, New, New Jersey Gov, CBS, Arkansas Gov, Fox, Maryland Gov Locations: Atlanta, Georgia, Fulton County, Milwaukee, Fulton, Florida, Manhattan, Wisconsin, New Jersey, Arkansas, “ State

☆ Weak guidance is overshadowing positive European earnings, analyst says
▼ + stars: | 2023-08-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWeak guidance is overshadowing positive European earnings, analyst saysMaximilian Uleer, head of European equity and cross asset strategy at Deutsche Bank, discusses the European earnings season.

Persons: Maximilian Uleer Organizations: Deutsche Bank

☆ Factbox: DeSantis 2024 campaign's missteps and blunders
▼ + stars: | 2023-08-08 | by ( Tim Reid | ) www.reuters.com time to read: +4 min

UKRAINE WAR A "TERRITORIAL DISPUTE"In March, even before he had officially launched his campaign, DeSantis called Russia's invasion of Ukraine a "territorial dispute" and claimed the war was not a "vital" U.S. interest. Last week, Robert Bigelow, DeSantis' biggest donor, told Reuters he will not donate more money unless DeSantis moderates his policy positions. Tim Scott, a fellow Republican White House rival who is Black, decried Florida's new standards, describing slavery as "devastating" for Black families. EXTREME VIDEOS THAT EVEN SOME REPUBLICANS COULD NOT STOMACHIn June and July the DeSantis campaign shared videos that were condemned as anti-gay rights and racist, even by some fellow Republicans. On the campaign trail, some of DeSantis' off-the-cuff comments have come off as strange or dissonant.

Persons: Ron DeSantis, Kevin Wurm, DeSantis, Donald Trump, Elon Musk, overshadowing, Robert Bigelow, Bigelow, Tim Scott, Christian Bale, Tim Reid, Ross Colvin, Alistair Bell Organizations: Florida, United, Israel Summit, Crystal Gateway Marriott, REUTERS, Republican, White, TWITTER, Twitter, Trump . Political, Reuters, Republican White House, Republicans, Trump, Thomson Locations: Arlington , Virginia, U.S, Florida, UKRAINE, Ukraine, Germany

☆ Elon Musk doesn't care that Tesla values are tanking — but it could drive buyers to Ford and GM
▼ + stars: | 2023-07-27 | by ( Alexa St. John | ) www.businessinsider.com time to read: +5 min

Used Tesla values are down 30% year-over-year, according to firm Recurrent. Used Tesla values have dropped dramatically from last year as the company continues to slash prices and flood the market with more new cars. That's because resale value hasn't been the biggest priority for Tesla buyers so far. There are a few reasons for that: Tesla buyers are loyal to the company. The Tesla dynamics benefit more EV-buyersIn the meantime, Tesla is forcing the EV market to become more affordable for mainstream buyers — a noticeable impact especially in the used EV space.

Persons: Tesla, Liz Najman, Tesla's, It's, Stephen Beck, Beck, Martin French, Najman Organizations: Morning, Elon, EV Locations: EVs

Meanwhile, the tech-heavy Nasdaq (.IXIC) lagged in the previous session as earnings reports from Tesla (TSLA.O) and Netflix (NFLX.O) failed to dazzle. The megacap electric automaker recovered 1.1% in premarket trading on Friday, while the streaming video company edged higher. The NYSE FANG+TM index (.NYFANG) that houses the megacap growth names also closed 4.6% lower in the previous session, notching its worst day so far in 2023. ET, Dow e-minis were up 13 points, or 0.04%, S&P 500 e-minis were up 11 points, or 0.24%, and Nasdaq 100 e-minis were up 73.75 points, or 0.47%. Reporting by Bansari Mayur Kamdar and Johann M Cherian in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Johnson, Powell, David Mericle, Goldman Sachs, Toymaker Mattel's, Morgan Stanley, Bansari Mayur Kamdar, Johann M, Shinjini Organizations: Mattel, Dow, Nasdaq, Johnson, Tesla, Netflix, NYSE, Dow e, American Express, Investors, Thomson Locations: Bengaluru

☆ American Express keeps profit forecast unchanged after strong results, shares fall
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +2 min

July 21 (Reuters) - American Express (AXP.N) kept its forecast for full-year profit unchanged on Friday, disappointing investors and overshadowing its quarterly results that topped estimates on record card member spending by its young and affluent customers. AmEx shares fell 4.4% in premarket trading as the credit card giant reaffirmed its full-year 2023 per-share profit forecast of $11 to $11.40. AmEx's total provisions for credit losses came in at $1.2 billion in the second quarter, compared with $410 million a year earlier. "Card member spending hit another all-time high, growing 8 percent on an FX-adjusted basis, driven by double-digit growth in U.S. Consumer and International Card Member spending," CEO Stephen Squeri said in a statement. The credit card company reported a profit of $2.89 per share in the quarter, beating analysts' average expectation of $2.81 per share, according to IBES data from Refinitiv.

Persons: Stephen Squeri, AmEx, Manya Saini, Anil D'Silva Organizations: American Express, . Consumer, Card, Thomson Locations: U.S, Refinitiv, Bengaluru

☆ Trump could easily wrap up the GOP nomination before his classified documents trial begins
▼ + stars: | 2023-07-21 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Trump's classified documents trial is now set for May 20, 2024. The former president now has the opportunity to sew up the GOP presidential nomination before it begins. On Friday, Judge Aileen Cannon set the classified documents trial date for May 20, 2024. It's now increasingly likely that Trump's legal woes bleed into the general election calendar, provided Trump wins the nomination. Arguably, it's the classified documents case that could sting the most.

Persons: Donald Trump, Aileen Cannon, Trump, It's, Iowans, wouldn't, Letitia James, E, Jean Carroll, Bill Barr, Trump's, Nikki Haley, Joe Biden Organizations: Service, Republican, Trump, Mar, New York, GOP Locations: Wall, Silicon, New York

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