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David Orentlicher R. Marsh Starks/UNLV Creative ServicesAccording to the judge, Trump waited too long to raise his claim of immunity. Trump filed his claim for immunity on March 7, less than three weeks before the scheduled trial date at the time. When he tried last May to move his trial to federal court, his legal filings referred to his belief that he was entitled to immunity from prosecution. Even if Trump had filed his motion in September, his immunity claim faced other serious hurdles. The Framers were not restricting criminal prosecution of former presidents to those who had been impeached and convicted.
Persons: David Orentlicher, Jack, Lulu Lehman, William S, Juan Merchan, Donald Trump’s, David Orentlicher R, Marsh Starks, Trump, Merchan, ” Trump, can’t, Rather, , Stormy Daniels, Nixon, Richard Nixon’s audiotapes, Jones, Bill Clinton, Vance, Cyrus Vance Jr, , , Department of Justice —, disqualifying, Anderson, I’ve, Trump’s Organizations: Boyd School of Law, University of Nevada, Democrat, Nevada Assembly, CNN, UNLV, Appeals, DC Circuit, Senate, Trump, Trump ., New York District, Department of Justice, president’s Department, Justice Locations: Las Vegas, Nevada, New York, States, Clinton, Trump
Tesla's cheapest current model, the Model 3 sedan, retails for about $39,000 in the United States. The stark reversal comes as Tesla faces fierce competition globally from Chinese electric-vehicle makers flooding the market with cars priced as low as $10,000. Plans for the affordable Tesla have been seen as key to delivering on Musk's stratospheric ambitions for sales growth. Expectations for a $25,000 vehicle have underpinned Wall Street analysts' more modest, but still ambitious, forecasts for Tesla sales. Those forecasts, according to a Tesla investor-relations document, call for vehicle sales rising to 4.2 million by 2028 from 1.8 million last year.
Persons: Tesla, Elon Musk, Musk, driverless, Tesla's, EVs, he'll, Walter Issacson Organizations: Reuters, robotaxis, SpaceX, Twitter, Toyota Locations: Texas, United States, robotaxi
The 30-minute conversation was the two leaders’ first phone call since an Israeli strike killed seven aid workers from the World Central Kitchen in Gaza. The killings have set off a furor inside the White House and Biden has been described as reaching a new level of frustration with Israel’s campaign. “President Biden emphasized that the strikes on humanitarian workers and the overall humanitarian situation are unacceptable,” the White House said in a statement shortly after the call wrapped. Blinken said Israel should not stoop to the level of Hamas in its response to the group’s October 7 attacks. Blinken acknowledged the World Central Kitchen strike was not the first time Israel has killed aid workers in the conflict.
Persons: Joe Biden, Benjamin Netanyahu, Israel’s, , Biden, , ” Biden, Israel, Antony Blinken, , John Kirby, Kirby, Blinken, ” Blinken, haven’t, ” Kirby, Biden’s, Democratic Sen, Chris Coons –, CNN’s Sara Sidner, Netanyahu, Jennifer Hansler, Donald Judd Organizations: Washington CNN, Israeli, National Security, White House, Central Kitchen, Capitol Hill, Democratic, CNN, Israel, Hamas Locations: Gaza, Israel, Brussels, Blinken, United States, Rafah
The Renaissance World Tour wrapped last October in Kansas City. So it would stand to reason — financially and thematically — that Beyoncé would plan another tour leg for "Cowboy Carter." He celebrated the release of "Cowboy Carter" on X, writing, "This tour bout to B' Incredible!" pic.twitter.com/KNHQOuqFI9 — COWBOY CARTER TOUR (@CowboyCarterWT) March 31, 2024However, the six-month turnaround since Beyoncé's last concert does cast suspicion on these theories. Thanks to "Renaissance: A Film by Beyoncé," we know the Renaissance World Tour took four years to ideate and execute.
Persons: Beyoncé, Carter, , Cowboy Carter, Tina Knowles, Lawson, Instagram, Knowles, KNHQOuqFI9, CARTER, she's, Gtg7f2jvSG — Antoinette “, ” Childs, @Beyonce, , GPhRrW1GiF — Nicolas Organizations: Service, Texas Locations: Kansas City, @TheFancyFriend
Donald Trump on Thursday afternoon lost two separate attempts to dismiss criminal charges against him in his Florida and Georgia cases. In Florida federal court, Judge Aileen Cannon rejected Trump's bid to drop charges against him related to his alleged mishandling of hundreds of classified documents after he left the White House. In a brief order, Cannon wrote that Trump's argument, which hinged on his interpretation of the Presidential Records Act, was an insufficient basis for dismissal. That ruling came about two hours after Fulton County Superior Court Judge Scott McAfee denied Trump's attempt to dismiss his Georgia election interference case on the grounds that it violated his free speech rights. The twin losses came one day after New York Supreme Court Judge Juan Merchan denied a request by Trump to delay his upcoming criminal hush money trial.
Persons: Donald Trump, Aileen Cannon, Trump's, Cannon, Scott McAfee, Juan Merchan, Trump, Cannon's, Jack Smith, Smith Organizations: White, Presidential Records, Fulton, New York, Records Locations: New York City, Florida, Georgia
CNN —Former President Donald Trump was dealt two major setbacks Thursday in his efforts to derail the criminal cases against him, with judges in the Georgia election interference case and in the federal classified documents case both rejecting bids by the presumptive 2024 GOP presidential nominee to have those cases thrown out. Trump has made similar presidential immunity arguments in the Georgia case and in the classified documents case. She wrote that prosecutors “make no reference to the Presidential Records Act” in the indictment against Trump and did not “rely” on the statute to bring charges. McAfee’s ruling is the latest step inching the state racketeering case against Trump forward. McAfee’s refusal to scrap the indictment comes as the free speech defense has repeatedly fallen short in pretrial wrangling in election meddling cases.
Persons: Donald Trump, Fani Willis, Jack Smith, , Trump, Aileen Cannon, , Cannon, , Scott McAfee, Willis, ” McAfee, McAfee, Tanya Chutkan, Steve Sadow, Smith, Trump’s Organizations: CNN, Trump, White, Records, Presidential, Circuit, Peach State, McAfee, National Archives, Prosecutors Locations: Georgia, Fulton County, New York, York, Washington ,, Florida, Atlanta, Peach
During a 30-minute call with Prime Minister Benjamin Netanyahu of Israel, President Biden went further than ever in pressing for change in the military operation. Credit... Fatima Shbair/Associated PressBy the middle of the night in Jerusalem, Israel made its first gestures to Mr. Biden. The reported agreement came as American officials held out the prospect of consequences if Mr. Netanyahu resisted. But Mr. Kirby would not outline specific metrics for judging Israel’s response or what Mr. Biden would do if not satisfied. Mr. Biden called himself “outraged and heartbroken” over the incident and made a point of calling Mr. Andrés to express his condolences.
Persons: Benjamin Netanyahu, Israel, President Biden, Biden, Biden’s, , Netanyahu, , Fatima Shbair, Mr, Antony J, Blinken, ” Mr, Chris Coons, Coons, Kamala Harris, Jake Sullivan, Biden “, William J, Burns, Mohammed Saber, John F, Kirby, emboldening, John Hannah, José Andrés, Andrés, Zomi Frankcom, Damian Soból, Barack Obama, Bibi, ” Ben Rhodes, Obama, ” Jon Favreau, doesn’t, , , aggravation, Jill Biden, Joe, ” Julian E, Barnes, Katie Rogers, David E, Sanger, Lara Jakes Organizations: Israel, Hamas, Credit, Associated, U.S . National Security Council, NATO, Democratic, CNN, Republican, American Israel Public Affairs Committee, Iran, Central Kitchen, Shutterstock, Jewish Institute for National Security of America, Biden, Mr, Israel Defense Forces, White Locations: Gaza, Israel, Rafah, Jerusalem, Ashdod, Jordan, Brussels, Michigan, Washington, Delaware, Iran, Syria, United States, Cairo, “ Hamas, Haiti, Cyprus, U.S,
During a 30-minute call with Prime Minister Benjamin Netanyahu of Israel, President Biden went further than ever in pressing for change in the military operation. “President Biden emphasized that the strikes on humanitarian workers and the overall humanitarian situation are unacceptable,” according to a White House summary of the call. But Mr. Kirby would not outline specific metrics for judging Israel’s response or what Mr. Biden would do if not satisfied. Mr. Biden called himself “outraged and heartbroken” over the incident and made a point of calling Mr. Andrés to express his condolences. Bibi obviously doesn’t care what the U.S. says, its about what the U.S. does.”Jon Favreau, a former chief speechwriter for Mr. Obama, was even more derisive of Mr. Biden.
Persons: Benjamin Netanyahu, Israel, President Biden, Biden, , Netanyahu, , Fatima Shbair, Antony J, Blinken, ” Mr, Biden’s, Chris Coons, Mr, Coons, Kamala Harris, Jake Sullivan, Biden “, Mohammed Saber, John F, Kirby, emboldening, John Hannah, José Andrés, Andrés, Zomi Frankcom, Damian Soból, Barack Obama, Bibi, ” Ben Rhodes, Obama, ” Jon Favreau, doesn’t, , , aggravation, Jill Biden, Joe, Katie Rogers, David E, Sanger, Lara Jakes Organizations: Israel, Hamas, Credit, Associated, NATO, Democratic, CNN, Republican, American Israel Public Affairs Committee, Iran, Central Kitchen, Shutterstock, Jewish Institute for National Security of America, Biden, Mr, Israel Defense Forces, White Locations: Gaza, Israel, Rafah, Brussels, Michigan, Washington, Delaware, Jerusalem, Iran, Syria, United States, “ Hamas, Haiti, Cyprus, U.S,
The LA company that underwrote Trump's $175M appeal bond needs major vetting, NY says. Judge Arthur Engoron, who presided over Trump's civil fraud trial, gets final say over the bond. AdvertisementThe New York Attorney General's Office wants a closer look at Donald Trump's $175 million appeal bond. In a two-page court filing Thursday, state officials are giving Trump or his underwriters — the Knight Specialty Insurance Company — ten days to "justify," or prove the sufficiency of, the bond. Justifying was not necessary, for example, when Trump used insurance giant Chubb to post a $92 million bond last month for his E. Jean Carroll defamation appeal.
Persons: Arthur Engoron, , General's, Donald Trump's, Letitia James, Knight, Don Hankey, Forbes, Trump, Chubb, Jean Carroll Organizations: Service, New York, Trump, Knight Specialty Insurance, New York's Department of Financial Services, GOP, Trump Organization, Associated Press, Knight Locations: Los Angeles, New York, New, Angeles, Manhattan
DETROIT – Ford Motor is delaying production of a new all-electric three row SUV, as it shifts to offer hybrid options across its entire North American lineup by 2030. The shift in EV plans is the latest for Ford and the entire automotive industry as adoption has been slower than many expected and production costs remain high. Ford last year said it would delay or cancel $12 billion in planned spending on new EVs due to the shifting market conditions as well as challenges to profitably building and selling the vehicles. In the first quarter of 2024, Ford's electric vehicle sales increased by 86% from subdued levels a year earlier. Hybrid sales for the automaker rose 42% year over year, while sales of Ford's traditional vehicles with internal combustion engines were up 2.6%.
Persons: Jim Farley Organizations: DETROIT, Detroit, Ford Locations: Detroit, EVs, Canada, U.S
CNN —The judge presiding over former President Donald Trump’s upcoming New York criminal trial denied his motion to delay its start until after the US Supreme Court rules on Trump’s presidential immunity claim. Judge Juan Merchan denied the motion Wednesday calling it untimely and noting Trump’s lawyers had months to file a motion over the issue. “This Court finds that Defendant had myriad opportunities to raise the claim of presidential immunity well before March 7, 2024,” the order says. “The Court declines to consider whether the doctrine of presidential immunity precludes the introduction of evidence of purported official presidential acts in criminal proceeding,” the order says. When Trump filed the motion on March 7, the trial was still set to begin on March 25.
Persons: Donald Trump’s, Judge Juan Merchan, , Defendant, Stormy Daniels, Trump, Merchan Organizations: CNN, US Locations: New York
The longer it takes for Cannon to decide these issues, the more likely a trial would need to wait until after the November presidential election. But Cannon’s critics view the pace of the Trump prosecution with added suspicion because of how she handled a separate, 2022 lawsuit Trump brought attacking the FBI’s documents investigation. In that lawsuit, Cannon granted an extraordinary Trump request for a third-party review of the FBI’s 2022 search of his Mar-a-Lago resort for the classified documents. Now, critics accuse Cannon of – purposely or not – playing into Trump’s strategy of delaying the trial until after the election. Hours after the hearing, Cannon rejected Trump’s first claim, that the national defense law he is charged under was too vague.
Persons: Donald Trump, Aileen Cannon, Cannon, Prosecutors, Jack Smith, , Smith, Alan Rozenshtein, , Trump, , Barbara McQuade, Obama, ” McQuade, won’t, nudges, doesn’t, McQuade, Southern District of Florida Aileen Cannon, Lothar Speer Cannon, ” David Aaron, ” Aaron, Aaron, CIPA, they’re, that’s, Mark Schnapp, Trump’s, Rozenshtein, Cannon “, Judge Cannon’s Organizations: CNN, Trump, University of Minnesota Law School, Justice Department, Biden White, University of Michigan Law School, US, Court, Southern, Southern District of, DOJ, DOJ National Security, Presidential, National Archives, ” Prosecutors, White Locations: Southern District, Southern District of Florida, Florida
The judge overseeing Donald J. Trump’s criminal case in Manhattan rejected his last-ditch bid to delay a trial beyond April 15, removing on Wednesday one of the final obstacles to the first prosecution of a former American president. That issue arose in another of his criminal cases, and the Supreme Court is expected to hear arguments this month, but might not rule until June. The judge in the Manhattan case, Juan M. Merchan, ruled that his trial did not need to wait for the Supreme Court. He denied Mr. Trump’s effort as “untimely,” ruling that he had failed to request the delay by a legal deadline. The judge said the request’s timing — just weeks before the trial was set to start — also raised “real questions about the sincerity and actual purpose of the motion.”
Persons: Donald J, Trump, Juan M, Merchan, , Organizations: Supreme Locations: Manhattan, American
Trump loses late bid to delay New York hush money trial
  + stars: | 2024-04-03 | by ( Dan Mangan | ) www.cnbc.com   time to read: +2 min
A judge on Wednesday rejected a last-ditch effort by former president Donald Trump to delay his hush money trial scheduled to begin in New York on April 15. Merchan, in shooting down that request, said Trump had "myriad opportunities" to make an argument that he was immune in the hush money case before March 7, when his attorneys first raised that claim. "Defendant's motion is DENIED as untimely," Merchan wrote in his decision issued in Manhattan Supreme Court, which is a trial-level court. Trump is charged in the case with falsifying business records related to a hush money payment to Daniels shortly before the 2016 presidential election. in his ruling, Merchan wrote that Trump's lawyers "fail to explain why Defendant waited long past" a statutory deadline of 45 days before trial to make a pre-trial motion seeking a delay.
Persons: Donald Trump, Jonathan Diller, Trump, Judge Juan Merchan, Joe Biden's, Merchan, Michael Cohen, Stormy Daniels, Cohen, Daniel, Daniels, Trump's Organizations: U.S, New York City Police Department, NYPD, Supreme, Manhattan, Attorney's Office, White Locations: New, Rockaway, Queens, Massapequa Park , New York, U.S, New York, Washington ,, Manhattan
Read previewA Manhattan judge on Wednesday rejected a "presidential immunity" bid by Donald Trump, saying the effort was too little and too late. Advertisement"He was also well aware that the defense of presidential immunity, even if unsuccessful, might be available to him," the judge wrote. A tweet Donald Trump had hoped to exclude from his hush money trial on grounds of "presidential immunity." Business InsiderTweets Donald Trump hoped to exclude from his hush money trial on grounds of "presidential immunity." The hush money trial remains on track for jury selection on April 15.
Persons: , Donald Trump, Trump, Stormy Daniels, Juan Merchan, Merchan, Michael Cohen, Michael, Susan Necheles, Todd Blanche, Attorney Alvin Bragg, Daniels, Bragg Organizations: Service, Business, GOP, US, Air Force, Manhattan, Attorney Locations: Manhattan
Read previewThe US Navy's biggest shipbuilding projects, from new submarines to a first-in-class guided-missile frigate, are delayed by one to three years, according to a new Navy report. A chart from the Secretary of the Navy's 45-day shipbuilding review. AdvertisementThat growing concern comes as China's shipbuilding turns out not only more warships, but also increasingly capable ones. The Navy review, Guertin said, "identified major initiatives to drive improvement that we plan to pursue." "Our Navy ships exist to strengthen American dominance and deliver warfighting capability by providing the tools our warfighters need to operate the world's strongest navy.
Persons: , Nick Guertin, There's, COVID, George Washington, Jonathon Gruenke, Carlos Del Toro, Del Toro, James Stavridis, Fang Sihang, Guertin Organizations: Service, Navy, Business, BI, Navy Public Affairs, Department of Defense, USS Enterprise, Enterprise, Ford, Newport News Shipbuilding, Virginian, Tribune, Getty, Virginia, Columbia, DoD, US Locations: China, Virginia, Columbia, Xinhua
Former U.S. President Donald Trump attends a campaign event on April 02, 2024 in Grand Rapids, Michigan. Manhattan District Attorney Alvin Bragg urged a judge to reject an eleventh-hour bid by Donald Trump to delay his upcoming criminal hush money trial due to biased media coverage. Trump, the presumptive Republican presidential nominee, is also wrong to claim that the deluge of publicity means he can't get a fair jury, the D.A. Trump last month asked for a "significant" delay of the trial — which is set to begin jury selection on April 15 — until the publicity surrounding it "subsides." That request marked Trump's eighth attempt to push back the start of the trial, Bragg noted in his filing Wednesday.
Persons: Donald Trump, Attorney Alvin Bragg, Bragg, Trump, Stormy Daniels, Juan Merchan Organizations: U.S, Manhattan, Attorney, New, Trump Locations: Grand Rapids , Michigan
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The bond sets the money aside — untouchable by either Trump or state officials — while he appeals the case. James' office had pushed back against lowering the bond amount, arguing that should Trump lose on appeal, state officials would need to chase him for whatever money he owes. With the interest stacking up every day, he's betting pretty big on winning this appeal. If Trump loses his appeal, he and his associates will then owe the remaining amount, plus interest.
Persons: , Donald Trump, Judge Arthur Engoron, Trump, Engoron's, Alina Habba, Letitia James, James Organizations: Service, Insurance Company, Business, Knight Insurance, Trump, Trump Organization Locations: New York, Manhattan, Los Angeles
United Airlines has asked its pilots to take unpaid leave this summer and possibly into the fall. Across airlines, summer fliers may see disrupted flight schedules and pricier tickets. AdvertisementIn an early blow to summer travel, United Airlines has asked its pilots to take an unpaid leave next month, citing delayed aircraft deliveries from Boeing. Related storiesThe specific changes to United's summer flight lineup were not immediately available. Last week, the US Federal Aviation Administration said it was increasing scrutiny of United to ensure the airline's compliance with safety regulations.
Persons: , Richard Aboulafia, Scott Kirby Organizations: Airlines, Service, United Airlines, Boeing, CNBC, United, Air Line Pilots Association, Business Insider, Ryanair, Transportation, Southwest Airlines, Alaska Airlines, US Federal Aviation Administration Locations: Frankfurt, Oregon, San Francisco, Japan
To profit from this possibility, here's an options trade that bets against the housing market. US10Y YTD mountain U.S. 10-year Treasury yield so far in 2024 I'm contemplating a bearish trade on Lowe's (LOW) within the consumer discretionary sector. DMI (Directional Movement Index): When the DI+ (green line) is above DI- (red line), the stock is in an uptrend. The trade structure I am using here is called a "bear put spread" also known as "put debit spread". If LOW trades at or below my short strike by the expiration date, this trade can yield a 100% ROI on the amount risked.
Persons: I'm, I've Organizations: Federal, Treasury, Lowes Locations: US10Y
An expanded hush-money gag bars attacks on the judge's daughter, a Democratic campaign consultant. On Tuesday, Trump found a way around the gag, attacking the daughter in a legal filing instead. AdvertisementDonald Trump has found a work-around for a newly-expanded gag order that bars him from attacking the Democratic campaign-consultant daughter of his hush-money judge: attacking the daughter through legal filings instead. Manhattan prosecutors did not immediately respond to the recusal request, but have called Trump's attacks on the judge's family members "dangerous" and "reprehensible." "This Court and the Advisory Committee on Judicial Ethics have already determined that such a claim provides no basis for recusal," prosecutors countered on Tuesday night.
Persons: Trump, Trump's, , Donald Trump, Loren Merchan, Juan Merchan, Loren Merchan's, Joe Biden, Kamala Harris, Susan Necheles, Todd Blanche Organizations: Democratic, Service, Authentic Locations: Manhattan
The US must resist Russian disinformation tactics and help Ukraine, leading war watchers argue. Experts suggest persistent support for Ukraine and stopping Russia from shaping perception. ISW emphasized that Russia is benefitting from Western countries that continuously withhold crucial weapons from Ukraine that can significantly incapacitate it. Lithuania has been helping Ukraine to repair its Leopard 2 tanks after they were damaged in the war against Russia. "Russia cannot defeat Ukraine or the West — and will likely lose — if the West mobilizes its resources to resist the Kremlin," the analysts wrote.
Persons: , ISW, Germany's, Olaf Scholz, Scholz, Abrams, Alexander Welscher Organizations: Service, Ukraine, Archer Artillery, Getty, Press, Russia, Kremlin Locations: Ukraine, Russia, West, Washington, Russian, Europe, Donetsk Oblast, Roman, Lithuania, United States
Donald J. Trump, desperate to delay his criminal trial in Manhattan this month, has renewed a request for the judge overseeing the case to step aside, the latest twist in the former president’s attacks on the judge’s integrity — and family. In a court filing made public Tuesday, Mr. Trump’s lawyers argued that the judge, Juan M. Merchan, has a conflict of interest because his daughter is a political consultant who has worked with Democratic candidates. The lawyers also claimed that her company, Authentic Campaigns, has used social media to deride Mr. Trump, the presumptive Republican presidential nominee, and tout its connections to President Biden. “Your honor has an interest in this case that warrants recusal.”The Manhattan district attorney’s office, which brought the case against Mr. Trump, fired back, noting that Justice Merchan had previously declined to recuse himself, citing a state advisory committee on judicial ethics. They argued that Mr. Trump had offered no new evidence, other than “a daisy chain of innuendos,” and said that he had made “multiple attenuated factual leaps here that undercut any direct connection between Authentic and this case.”
Persons: Donald J, Trump, Juan M, Biden, , Mr, Todd Blanche, Susan Necheles, Merchan, Organizations: Democratic, Authentic Locations: Manhattan
Stubbornly high PCE inflation readings might make it difficult to lower them in June as many expect. BofA still expects three rate cuts this year, but says the next PCE readings will determine this. AdvertisementThat's because comparisons with last year's figures mean that year-over-year core PCE inflation is unlikely to decline further in the second half of 2024. "Base effects for year-over-year core PCE inflation are favorable through May, but unfavorable for six of the last seven months of the year," analysts said in a note. Prints of 30bp or more on the next two core PCE readings would probably take June off the table, particularly if activity holds up," they wrote.
Persons: BofA, , it's, Jerome Powell's Organizations: Bank of America, Service, Bloomberg, Federal Reserve, Fed
Octavio Jones | Getty ImagesThe Florida Supreme Court issued rulings Monday allowing the state's voters to decide whether to protect abortion rights and legalize recreational use of marijuana, rejecting the state attorney general's arguments that the measures should be kept off the November ballot. Abortion rightsThe proposed amendment would protect the right to an abortion after the state in back-to-back years passed tougher restrictions currently being challenged in court. Faith Halstead, chants along with other protesters and activists near the Florida State Capitol where Florida State Senators voted to pass a proposed 6-week abortion ban in Tallahassee, Florida, on Monday, April 3, 2023. While many voters aren't enthusiastic about a rematch between former President Donald Trump and President Joe Biden, it could inspire more abortion rights advocates to cast a ballot. People gather on the steps of the Federal Courthouse in Fort Lauderdale on May 7, 2022 for a rally to support abortion rights.
Persons: Octavio Jones, General Ashley Moody, Faith Halstead, Donald Trump, Joe Biden, Moody, Roe, Wade Organizations: Getty, Florida Supreme, Republican, Florida State Capitol, Florida State, Washington Post, Trump, Florida, Florida Sun, Tribune, Service, Supreme Locations: Tampa , Florida, Florida, Tallahassee , Florida, Fort Lauderdale, U.S, Maryland, New York
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