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☆ Why tariffs on Chinese EVs may not work
▼ + stars: | 2024-06-15 | by ( Robert Ferris | In | ) www.cnbc.com time to read: +2 min

The Chinese auto sector is increasingly making global automakers and politicians hot under the collar. In the early 1980s, the Chinese auto industry barely existed. President Joe Biden last month introduced stiff tariffs on Chinese EVs, effectively doubling the list price, which can otherwise be as cheap as $11,500. The administration says Chinese firms have benefited from unfair government support, and Chinese EV imports threaten the Biden administration's big investments in EVs. But a few auto industry insiders are skeptical that tariffs will be able to hold off Chinese imports for long.

Persons: Dunne, Michael Dunne, Joe Biden, Sen, Sherrod Brown, Tesla, Elon Musk, Bill Russo, Donald Trump, Russo Organizations: Volvo, EV, Biden, Chrysler Locations: China, U.S, Sweden, EVs, Ohio, Shanghai, Beijing

Reached by phone, Lisa’s live-in partner Maria Tazbaz said she sold the Easter baskets at her hardware store. By 2009 Lisa was on supervised parole, but couldn’t stop committing crimes, according to her parole officer, who asked a judge to consider putting her back in prison. In a letter to the judge, the parole officer outlined Lisa’s infractions: She faked cancer to get sympathy from a court on a charge for bogus checks. After spending much of 2010 and 2011 imprisoned in Oklahoma, Lisa was released. At a hearing for the revocation of her release, the parole officer testified she had “noticed, and attempted to stop, a pattern by the defendant of defrauding her boyfriends.” A judge locked her back up.

Persons: Carloyn Naussany, Lisa, Maria Tazbaz, Carolyn, ” Tazbaz, Girl’s, Tazbaz, Linda, It’s, ” Lisa’s, Steven Sullins, Leonardo DiCaprio, “ That’s, ” Sullins, Sullins, Lisa Sullins, ’ ” Lisa, Steve, Lisa wasn’t, Dodge, Kurt Naussany, ”, Kurt Howell, “ I’ve, I’ve, ” Steve, Howell, “, ” Lisa, Lisa’s, couldn’t Organizations: Facebook, King Food Saver, Branson Buzz, Google, Oakley Auto, Chrysler, Kimberling City, NBC, Oklahoma State Department of Health, South Pointe Chrysler, Dodge Ram, Prosecutors, KMart, Ramada Oasis Convention Center Locations: Branson West, Kimberling City, Kimberling, Rock, South, Tulsa, Las Vegas, Nevada, Clark County, California, Cleveland , Oklahoma, Vietnam, Osage County, Sapulpa , Oklahoma, Springfield , Missouri, Oklahoma

☆ Maker of Jeep and Dodge plans to kill chrome on cars, citing risks to those who make it
▼ + stars: | 2024-06-14 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +8 min

Southern California boasts the highest concentration of chrome plating shops in America and regulators in that state have been requiring those methods for years. But California is now moving toward an outright ban on chrome plating using hexavalent chromium while offering funding for chrome platers to transition to other methods. In 2019, green slime oozing out onto a highway near Detroit was found to be hexavalent chromium leaking from a nearby business. “We are also using light as the new chrome,” VW said in a statement shared with CNN. “Chrome peaked in the ’50s with the big American land yachts and stuff with giant chrome bumpers and giant chrome grills.

Persons: CNN —, It’s, ”, Leslie Kendall, Stellantis, it’s, Ralph Gilles, Gilles, Christian Richter, “, ” Gilles, ‘, ’, Bentley –, VW, Peter Valdes, Petersen, Kendall, we’ve Organizations: CNN, Petersen Automotive Museum, Fiat, Maserati, California Air Resources Board, Chrysler, Occupational Safety, Health Administration, National Association, EPA, OSHA, Chrysler Pacifica, Chrysler Pacifica Limited, Volkswagen, VW Group, Audi, Bentley, VW, “ Locations: Los Angeles, United States, Europe, Southern California, America, California, Detroit, Michigan, NASF

☆ Stellantis recalls vehicles over stability control issues
▼ + stars: | 2024-06-09 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +1 min

New York CNN —Car manufacturer Stellantis is recalling 211,581 SUVs and pickup trucks over a software malfunction that could cause their electronic stability control systems to fail. The company said the issue stems from a defective anti-lock breaking system, which in turn deactivates the stability control system. Using a vehicle with a disabled stability system could increase the likelihood of a crash, the National Highway Traffic Safety Administration said Thursday. Multiple studies have found electronic stability control systems tend to reduce fatal collisions, particularly single-vehicle and rollover crashes. The company said customers will be able to bring their cars in to the dealers to update their vehicle’s anti-lock braking systems for free.

Persons: Stellantis Organizations: New, New York CNN —, Traffic Safety Administration Locations: New York, Durango

☆ Microsoft's 'acquihire' of Inflection AI's staff is being probed by US regulators, report says
▼ + stars: | 2024-06-06 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

The FTC is investigating Microsoft's deal with Inflection AI, the Wall Street Journal reported. The Department of Justice is also scrutinizing such 'acquihire' deals in the tech industry. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe US' top competition watchdog is investigating whether Microsoft's deal to hire a majority of Inflection AI's workers and pay the company $650 million to license its tech was struck as a way to dodge scrutiny.

Persons: — Organizations: FTC, Wall Street Journal, Justice, Service, Wall Street, Federal Trade Commission, Microsoft, Business

☆ Election Updates: After trial, Trump returns to friendly turf at U.F.C. fight and on Fox News.
▼ + stars: | 2024-06-02 | by ( Shawn Mccreesh | ) www.nytimes.com time to read: +6 min

Mr. Giuliani’s run-ins with the law have left his life and finances in tatters. Mr. Giuliani has filed for bankruptcy and owes two Georgia women a $148 million judgment from a defamation case. “Anyone who thinks that Mr. Giuliani is off his game in terms of legal acumen is strongly mistaken,” Mr. Aidala said. Like many at the birthday party, Mr. Aidala was displeased by Mr. Trump’s conviction on charges related to hiding hush money paid to a porn star. In the video, Mr. Trump stands with a small crowd of people who appear to be some of his supporters.

Persons: Donald J, Trump, Rudolph W, Giuliani, Giuliani’s, Mr, Anthony Carbonetti, Barry Kamins, “ He’s, he’s, John Catsimatidis, “, we’ve, Kamins, Arthur Aidala, ”, ” Mr, Aidala, Harvey Weinstein, Andrew, Caroline, Bernard B, Rudy Washington, Raheem Kassam, Miranda Devine, Michael Ragusa, holstered, Scott LoBaido, I’m, MAGA ”, “ Joe, Rudy Giuliani, Rudy Organizations: City Hall, Republican, WABC, New York, Mr, The New York Times, Breitbart, New, New York Post, Trump Locations: tatters, Arizona, Georgia, Washington, Dodge Durango, client’s, Panama, Lower Manhattan, New York City, New York, Bay Ridge, Brooklyn, Staten Island, America, Suffolk County

☆ US tells owners to stop driving older Nissan vehicles over air bag concerns
▼ + stars: | 2024-05-29 | by ( ) edition.cnn.com time to read: +2 min

Owners of nearly 84,000 older Nissan vehicles in the United States equipped with recalled, unrepaired Takata air bags should immediately stop driving them due to a safety hazard, the US National Highway Traffic Safety Administration said on Wednesday. “If you have one of these vehicles, do not drive it until the repair is completed and the defective air bag is replaced,” NHTSA said in a statement, noting that Nissan dealers are offering free towing, mobile repair and in some places loaner vehicles. Over the past decade, more than 100 million Takata air bag inflators have been recalled worldwide - including 7 million in the United States - in the biggest auto safety callback on record. The air bag problems have been blamed on propellant that can break down after long-term exposure to high-temperature fluctuations and humidity. Toyota in January urged owners of 50,000 of its older vehicles - the 2003-2004 model year Corolla, 2003-2004 Corolla Matrix and 2004-2005 RAV4 - in the United States to get immediate recall repairs because a Takata air bag inflator could explode and potentially kill motorists.

Persons: unrepaired, Stellantis, Dodge Organizations: Nissan, Traffic Safety Administration, Nissan Sentra, Nissan Pathfinder, NHTSA, Chrysler, Toyota Locations: United States

☆ Denmark Made Home Buying Easier. America Should Follow Its Lead.
▼ + stars: | 2024-05-29 | by ( James Rodriguez | ) www.businessinsider.com time to read: +13 min

When mortgage rates shoot up, as they did over the past two years, many would-be sellers decide they don't want to move after all. AdvertisementAs the Federal Reserve began pushing up borrowing rates in the spring of 2022, hoping to reel in rising inflation, mortgage rates went vertical. So far, this system of pooling together mortgage bonds and selling them to investors is pretty close to the American way of doing things. When US homeowners pay off their mortgages, they have only one option: pony up the amount left on the loan. That's not just good for buyers or sellers or mortgage loan officers — it's good for everyone.

Persons: It's, John Campbell, Danes, Freddie Mac, that's, Will Doerner, —, aren't, pesky, Campbell, Fannie Mae, Banks, Jesper Berg, there's, That's Organizations: Harvard, Federal Reserve, Federal Housing Finance Agency, Homeowners, Danish Financial Supervisory Authority Locations: America, …, Denmark, Zillow, Canada, Australia, Danish

☆ Crypto.com's Exchange, Sponsorships, and Commercials, Explained
▼ + stars: | 2024-05-28 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

(That's not a knock on the company — for a lot of crypto exchanges, the Empire State is a tough nut to crack.) Crypto.com's primary business is its cryptocurrency exchange, which works as a middleman for people buying and selling crypto, but it also offers other products, including crypto Visa cards. To be sure, the casino thing could be said about most crypto exchanges — and sports-betting apps, and many regular trading apps. It's a good reminder that, whatever the company, it's better to use exchanges only for trading your crypto assets, not for storing them. Or maybe in five years we'll be looking back at this moment and saying: "Remember that one crypto company?

Persons: Eminem, Sam Bankman, Crypto.com doesn't, Jojo Siwa, it's, He'd, Nic Carter, Crypto.com, Kris Marszalek, Foris DAX Asia, It's, Matt Damon, Steven Kalifowitz, Bill Clinton, Tony Blair, FTX, hasn't, Marszalek, wasn't, Alex Gladstein, Emily Stewart Organizations: NBA, Los Angeles Lakers, It's, UFC, NASCAR, Lakers, Castle, Ventures, Staples Center, Miami Heat's, Binance's, Forbes, Financial Times, Securities and Exchange Commission, Bloomberg, PayPal, JPMorgan doesn't, Human Rights Foundation, Business Locations: New York, America, Singapore, Nigeria, Bulgaria, Monaco, Hong Kong, Polish, Los Angeles, Bahamas, Netherlands, Asia, Americas

☆ This Memorial Day kicks off a buyer’s market for new cars
▼ + stars: | 2024-05-24 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

CNN —Memorial Day weekend is shaping up to offer some of the best deals on new cars in years. The new car market is finally a buyer’s market again. The Volkswagen ID.4 and Kia Niro EV, for instance, are selling at average discounts of more than 13%, according to Edmunds.com. Vehicles from the outgoing 2023 model year now account for 6.8% of all new vehicles on dealers’ lots, according to Edmunds.com. Dealers for Stellantis brands – Dodge, Chrysler, Jeep and Ram – are offering the biggest discounts, according to Edmunds.com.

Persons: Covid, Cox, ”, Eric Barbosa, we’ve, “, Barbosa, –, Ram –, Edmunds, Ivan Drury, Brian Finkelmeyer, Brian Moody, Kelley Organizations: CNN, Toyota, Ford, Ford Bronco, Cox Automotive, GMC, Volkswagen, Kia Niro, Cavender Auto Group, Vehicles, Dealers, – Dodge, Chrysler, Jeep, Dodge, Lincoln Nautilus, Consumers, Honda, Kia, Autotrader Locations: San Antonio , Texas, Edmunds

Morgan Stanley accompanied the move by cutting its price target to $100 from $120. His $185 price target, up from $160, forecasts that shares of Take-Two could rally 23% from Wednesday's close. — Lisa Kailai Han 5:55 a.m.: Bernstein initiates Ford at an outperform rating Investors who don't own Ford are missing out, according to Bernstein. — Lisa Kailai Han 5:55 a.m.: JPMorgan upgrades Hasbro Don't expect Hasbro's momentum to slow in the near future, according to JPMorgan. It also raised its price target on shares to $74 from $61, implying upside of 22%.

Persons: Bernstein, Morgan Stanley downgrades NetEase, Morgan Stanley, Alex Poon, Poon, Lisa Kailai Han, Omar Dessouky, Dessouky, — Lisa Kailai Han, Sam Poser, Sean Dodge, Dodge, GoodRx, Ford, Daniel Roeska, Roeska didn't, Roeska, Christopher Horvers, Fred Imbert Organizations: CNBC, Ford, JPMorgan, Hasbro, NetEase, Bank of America, Rockstar Games, Rockstar, Supreme, Corp, Trading, EMEA, Timberland, RBC, RBC Capital Markets, pharma, Kroger Locations: China, Wednesday's, Americas

☆ Inside Oracle's Deadly Gamble on Cerner and Electronic Health Records
▼ + stars: | 2024-05-20 | by ( Ashley Stewart | Blake Dodge | ) www.businessinsider.com time to read: +29 min

That was the promise of Cerner, the medical-records company Oracle bought in 2021 for $28.3 billion — Oracle's biggest acquisition. At the time, Cerner managed the electronic health records for a quarter of all American hospitals, including those run by the Pentagon and the Department of Veterans Affairs. Larry EllisonCerner's electronic records, in short, were a deadly disaster for the VA. Never mind the futuristic, AI-driven healthcare system Ellison envisioned. In 2015, it beat out Epic, its main competitor, for a $4.3 billion contract to handle electronic health records for the Defense Department. It had agreed to process tens of millions of crucial medical records, but it couldn't handle the subsequent deluge of data.

Persons: Larry Ellison's, Ellison, Cerner, I'm, Larry Ellison, Neal Patterson, Cerner's, Patterson, Ellison's, they're, David Shulkin, Margaret Albaugh, Cerner couldn't, Charlie Bourg, —, Larry, Marc Benioff, Ellison protégé, Mike Wilson, David Agus, oncologist, Agus, he'd, Steve Jobs, Sensei, We've, Georges De Keerle, Cerner —, hadn't, Mike Sicilia, Sicilia, Oracle, Anthony Jones Jr, Jones, Donald Remy, didn't, Seema Verma, Neil Evans, Sara Vaezy, Ed Meagher, haven't, Charlie Monroe —, it's, Charlie Bourg —, Bourg, Charlie Monroe, Monroe, Cathy McMorris Rodgers, grandkids, We're, there's Organizations: Oracle's, Oracle, Pentagon, Department of Veterans Affairs, Cerner, RAND Corporation, RAND, Big Tech, GE, Siemens, Cerner Corporation, Defense Department, Department of Defense, Business, Spokane, Ellison Institute of Technology, Microsoft, Agency, Health, Amazon, Veterans ' Affairs, Oracle Health, Navy, Columbus VA, BI, Life Sciences, Intermountain Health, UPMC, DOD, Seabees Locations: Las Vegas, antiaging, Silicon Valley, Spokane , Washington, Cerner, VistA, Bourg, Washington, Sicilia, Ohio, Columbus, Providence, Spokane, Monroe, CloudWorld

☆ US Navy warships in the Red Sea are fighting off missiles new to combat that are 'way faster' than anything else, destroyer captain says
▼ + stars: | 2024-05-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Since then, the Iran-backed rebels have fired dozens of anti-ship ballistic missiles into the Red Sea and Gulf of Aden. An anti-ship ballistic missile "is just way faster than anything else, Cmdr. Jeremy Robertson, captain of the guided-missile destroyer USS Carney, told reporters during a media event on Monday. The Houthis maintain a sizable arsenal of anti-ship ballistic missiles, according to an analysis by the the International Institute for Strategic Studies think tank. US Navy guided-missile destroyer USS Carney defeats a combination of Houthi missiles and drones in the Red Sea on October 19, 2023.

Persons: —, Jeremy Robertson, Carney, MCS2 Aaron Lau, Robertson, we've, Dwight D, Eisenhower, Petty, Bill Dodge, The Carney, Lisa Franchetti, Franchetti Organizations: Service, Navy, Business, US Navy, International Institute for Strategic Studies, Central Command, AP, Israel, Naval, Fleet Locations: American, Iran, Gulf of Aden, Suez, Yemen, Tehran, Washington, Pacific, China, Souda Bay, Greece, Mayport , Florida

☆ Millions are at risk for severe weather as storms could bring tennis ball-sized hail today
▼ + stars: | 2024-05-19 | by ( Dalia Faheid | ) edition.cnn.com time to read: +5 min

CNN —Millions across parts of the Central Plains are at risk for severe weather Sunday that could bring tornadoes, tennis ball-sized hail and damaging winds to the area. “Destructive wind swaths of 80-100 mph may occur, with localized extreme gusts exceeding 100 mph possible,” the Storm Prediction Center warned. The severe weather in Houston Thursday included a derecho with 100 mph winds. “Scattered severe storms are expected to affect the region Sunday afternoon and evening,” the National Weather Service in Wichita said. Through early next week, the Central US faces an increasing threat of severe weather and excessive rainfall, according to the National Weather Service.

Persons: “ We’re, Matt Elliott, “, Storms Organizations: CNN, Storm, Storm Prediction Center, Storm Prediction, National Weather Service Locations: Central, Gulf Coast, Plains, United States, Florida, Georgia, South Carolina, Central Plains, Houston, Kansas, Dodge City, Salina, Hutchinson, Garden City, Hays, Wichita, Michigan , Wisconsin, Illinois, Chicago, Detroit, Mississippi, Lower Michigan, Harris County

☆ Top Wall Street analysts like these 3 dividend stocks for high yields
▼ + stars: | 2024-05-19 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Bearing that in mind, here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. On May 1, the company announced its first-quarter results and declared a quarterly dividend of 48 cents per share, payable on June 28. Following the results, RBC Capital analyst Kenneth Lee reaffirmed a buy rating on ARCC stock with a price target of $22. The company recently announced its first-quarter results and declared a quarterly distribution of $0.405 per unit. Overall, based on the annualized dividend amount of $3.08 per share, the stock's dividend yield stands at 5.6%.

Persons: Wall, Capital, Kenneth Lee, Lee, TipRanks, Devin Dodge, Dodge, Income's, Brad Heffern, Heffern Organizations: New York Stock Exchange, Federal Reserve, Ares, RBC Capital, Ares Credit, Brookfield Infrastructure Partners, Brookfield Infrastructure, BMO Capital, Triton, Dodge, Brookfield Locations: New York City, Asia, Pacific, North America, Europe, U.S, TipRanks

☆ LinkedIn says it intercepts the 'majority' of scams on its site — but job hunters say it's not enough
▼ + stars: | 2024-05-18 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +7 min

Yet they're still getting through often enough that the Federal Trade Commission has recently warned the public about the prevalence of fake job scams. AdvertisementThe 'fake check' scamChris Conwell had initially applied to a job ad on LinkedIn in early March. Fake check scams generally involve a supposed employer mailing a fraudulent check to the would-be employee they're attempting to scam. But, Conwell told Business Insider, something felt wrong. A representative for the company also pointed to internal statistics that indicate LinkedIn intercepts the majority of detected fake accounts and scams before fake recruiters can post.

Persons: —, they're, Chris Conwell, Conwell, Michael Hecht, he'd, Hecht, Oscar Rodriguez, Jordan Bittel, Bittel, you've Organizations: Service, LinkedIn, Business, Federal Trade Commission, Microsoft, verifications

☆ Robots and AI are being used to help women get pregnant. Is this the future of IVF?
▼ + stars: | 2024-05-18 | by ( Blake Dodge | ) www.businessinsider.com time to read: +21 min

There, a startup called Conceivable Life Sciences is automating the IVF lab from start to finish. Conceivable Life SciencesEleven women so far have become pregnant with help from one or more of these Conceivable robots. Conceivable Life Sciences"No baby, no fee"Today, IVF demand is surging, despite the treatment being slow, uncertain, and expensive. Conceivable's future IVF lab. Conceivable Life SciencesFrom prayer to AIHalf a continent away, a physician was growing frustrated by the constraints of his job.

Persons: —, robotically, embryologist Jacques Cohen, Cohen, Joshua Abram, Conceivable's, Abram, Lora Shahine, Emma wasn't, Emma, Alan Murray, Murray, — embryologists, that's, Alejandro Chávez, Badiola, REI, didn't, Conceivable's cofounders, Dr, REIs, What's, Langham, Conceivable's cofounders tinker, Tesla, Brian Bixon, Gerardo Mendizabal, Ruiz, Bixon, Carla Patricia Barragan Álvarez, OBGYNs, aren't, Eduardo Hariton, Hariton Organizations: Service, Business, Sciences, BI, New York City, pipettes, Life Sciences, San, Langham Hotel, Quest Diagnostics Locations: Guadalajara, Mexico, New York, Seattle, pipettes, Petri, San Francisco, London, Abram, Mexico City

No matter who wins the White House and control of Congress this autumn, one aspect of trade policy is likely to endure: Washington’s tough-on-China protectionist stance. But several trade experts predict that the America-first model of slapping tariffs on adversaries — as President Biden did this week — will backfire. Critics of tariffs and export restrictions say they not only will potentially exacerbate inflation and drag down economic growth, but are also likely to fail for a simpler reason: Chinese companies may see their businesses slowed down by the restrictions, but have found ways to beat them. As Alex Durante, an economist at the Tax Foundation, a nonpartisan think tank that works with policymakers in the United States and Europe, bluntly put it: “They don’t work.”Huawei has shown that companies can find workarounds. Last year, the Chinese telecom giant unveiled the Mate 60, a smartphone powered by a high-end semiconductor.

Persons: —, Biden, Alex Durante, ” Organizations: White, Tax Foundation, ” Huawei Locations: China, America, United States, Europe, Washington

☆ Dodge and Ram boss Tim Kuniskis, father of the Hellcat, to retire from Stellantis
▼ + stars: | 2024-05-17 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

Kuniskis will be replaced by Chrysler brand CEO Christine Feuell, who will lead Ram in addition to Chrysler, and Matt McAlear, who will be promoted from Dodge's sales lead to brand CEO and a member of Stellantis' top executive team. DETROIT – Stellantis ' Dodge and Ram brands CEO Tim Kuniskis is retiring after a nearly 32-year career with the automaker and its predecessors, the company announced Friday. I wish him well in his retirement," Stellantis CEO Carlos Tavares said in a release. "I am confident that Chris will continue the work of Tim in leading the iconic Ram brand. Matt will bring a fresh perspective, while continuing to draw on the heritage of our iconic Dodge brand and leading the transition of the brand toward a sustainable future."

Persons: Christine Feuell, Ram, Matt McAlear, Dodge, Tim Kuniskis, Tim, Carlos Tavares, Chris, Matt, Sergio Marchionne, Kuniskis, Mark Stewart Organizations: Chrysler, Challenger, Dodge, DETROIT, U.S, Fiat Chrysler, French, PSA Groupe, Goodyear Tire Locations: American, North America, Durango, South America, Asia, Pacific, China

☆ Will You Accept the Election Results? Republicans Dodge the Question.
▼ + stars: | 2024-05-11 | by ( Michael C. Bender | Nick Corasaniti | ) www.nytimes.com time to read: +1 min

Less than six months out from the presidential contest, leading Republicans, including several of Donald J. Trump’s potential running mates, have refused to commit to accepting the results of the election, signaling that the party may again challenge the outcome if its candidate loses. The evasive answers show how the former president’s refusal to concede his defeat after the 2020 election has ruptured a tenet of American democracy — that candidates are bound by the outcome. Mr. Trump’s fellow Republicans are now emulating his hedging well in advance of any voting. For his part, Mr. Trump has said he will abide by a fair election but has also suggested that he already considers the election unfair. Mr. Trump frequently refers to the federal and state charges he is facing as “election interference.” He has refused to rule out the possibility of another riot from his supporters if he loses again.

Persons: Donald J, nonanswers, Trump’s, Trump Organizations: Republican

☆ The judge in Trump's classified documents case just gave him exactly what he wanted — again
▼ + stars: | 2024-05-08 | by ( Katherine Tangalakis-Lippert | Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Judge Aileen Cannon on Tuesday delayed Donald Trump's classified documents case indefinitely. AdvertisementUS District Judge Aileen Cannon handed former President Donald Trump yet another legal win when she delayed his classified documents case indefinitely on Tuesday. It's just the latest legal win for Trump in the classified documents case handed to him by Cannon. Ty Cobb, a former Trump White House attorney, told CNN on Tuesday that Cannon's latest decision was "a combination of bias and incompetence." In light of Cannon's latest delay, Kalir said it was not surprising given her prior actions on the case.

Persons: Aileen Cannon, Donald Trump's, It's, —, Donald Trump, Cannon, Trump, Jack Smith's, Canon, Katie Charleston, Justice Department —, Paula Reid, Judge Cannon, I'm, She's, aren't, Ty Cobb, galvanizes, Charlie Kolean, Kolean, Tre Lovell, it's, Doron Kalir, Fani Willis, Nathan Wade, Kalir Organizations: Trump, Service, Business, Justice Department, FBI, Mar, Appeals, Associated Press, Court, Trump White House, CNN, RED PAC, Cleveland State University College of Law Locations: Lago, Southern Florida, Trump's, South Florida, Georgia, New York

☆ Trump's Mar-a-Lago document trial has been delayed again. He now has a chance to dodge it entirely.
▼ + stars: | 2024-05-07 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Donald Trump's Mar-a-Lago documents trial has been delayed indefinitely. AdvertisementThe judge overseeing Donald Trump's criminal case over his holding onto secret government documents following his presidency delayed the trial indefinitely — giving him the chance to get rid of the charges if he wins the 2024 election. Another criminal case overseen by Smith, in a federal court in Washington, DC, was previously scheduled for March 4. In that case, Smith alleged Trump broke criminal laws through his efforts to overturn the results of the 2020 election. Trump's attorneys have also made immunity arguments in the classified documents case.

Persons: Donald Trump's Mar, It's, —, Donald Trump's, Aileen Cannon, Cannon —, Trump, Carlos de Oliveira, Waltine Nauta —, Jack Smith, de Oliveira, Trump's, Stormy Daniels, — Trump, Smith, MANDEL NGAN, Fani Willis, Juan Merchan, Todd Blanche, Blanche, Merchan, reconvene, Cannon Organizations: Trump, Service, Nauta, Republican, Justice Department, US, Getty Images Locations: Lago, Manhattan, Washington ,, AFP, Getty Images Fulton County, Georgia, York, Florida, New York

☆ Did menswear win the 2024 Met Gala? The best dressed men on the red carpet
▼ + stars: | 2024-05-07 | by ( Leah Dolan | ) edition.cnn.com time to read: +4 min

Nods to the event’s dress code, JG Ballard’s 1962 short story “The Garden of Time,” came in all forms. Wisdom Kaye's Robert Wun suit included a corsage, burnt at the edges like the lapels of his overcoat and hat. Coleman Domingo similarly finished off his billowing Willy Chavarria suit with black-rimmed eyes and a drooping bunch of wistful white lilies. Barry Keoghan's Burberry suit came with a satin necktie, top hat and three watches. Mike Coppola/MG24/Getty Images for The Met Museum/VogueAs always, a few stars miss — or dodge — the theme entirely, and menswear this year was no exception.

Persons: Gigi Hadid, Jordan Roth, Emily Ratajkowski, ”, Lewis Hamilton, Nicholas Galitzine, Jeremy Strong, Jonathan Bailey, Vogue, Loewe, Jonathan Bailey's peony bowtie, Aliah Anderson, “, Mike Faist, Josh O’Connor, —, O’Connor, clogs, Dan Levy’s, Jamie Dornan’s, Robert Wun, John Shearer, Seán McGirr, Alexander McQueen, Usher, Wisdom Kaye, Coleman Domingo, Willy Chavarria, florals, Barry Keoghan's Burberry, Taylor Hill, Jeff Goldblum, Count Axel, Gilbert Flores, Barry, Andrew Vottero, Prada, ” Goldblum, Emma Chamberlain, Hannah Bagshawe, Eddie Redmayne, Steve O Smith, Mike Coppola, Taika Waititi, Oscar Organizations: CNN, Burberry, Variety, Getty, Vogue, The Met Museum

☆ Watch an exploding Ukrainian drone boat dodge fire from the air to kill one of the small, high-speed Russian ships still fighting in the Black Sea
▼ + stars: | 2024-05-06 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The attack marks Ukraine's latest strike against the Russian Black Sea Fleet. The video cuts just as the Ukrainian drone slams into the vessel. A Magura V5 sea drone destroyed a russian speedboat in temporarily occupied Crimea. Ukrainian forces have heavily relied on their arsenals of Magura V5s and Sea Babies — another type of exploding naval drone — to damage and destroy scores Russian warships in the Black Sea. Still, Kyiv has managed to find success in targeting Russian vessels with its drones.

Persons: —, HUR Organizations: Service, Ukrainian, Directorate of Intelligence, Business, Black, —, Sea, Security Service Locations: Russia, Russian, Bay, Crimean, Moscow, Crimea, Ukraine, Ukrainian, Kyiv, pic.twitter.com

For the first time in the history of the United States, billionaires had a lower effective tax rate than working-class Americans. Opinion Guest Essay Make Billionaires Pay (Their Taxes)Until recently, it was hard to know just how good the superrich are at avoiding taxes. Let’s agree that billionaires should pay income taxes equivalent to a small portion — say, 2 percent — of their wealth each year. Billionaires who already pay the baseline amount of income tax would have no extra tax to pay. The idea that billionaires should pay a minimum amount of income tax is not a radical idea.

Persons: Emmanuel Saez, Gabriel Zucman, we’ve, Demetrio Guzzardi, Jeff Bezos, Bezos, Berkshire Hathaway, Warren Buffett, Elon Musk, Bernard Arnault, Arnault’s, Arnault, Reagan, Critics, haven’t, Biden Organizations: Government, Social Security, European Economic Association, Institut des Politiques, Economic, Amazon, Elon, Twitter, Shepard, Getty, Trump, Internal, Abaca, New York, Facebook Locations: United States, Netherlands, States Netherlands Italy France, Italy, France, Tesla, LVMH, America, Europe, Sweden, Germany, Switzerland, U.S, Brazil, South Africa, Spain

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