DIRS.INFO The most relevant business & tech news

☆ One America News settles defamation lawsuit from a Dominion executive at the center of election conspiracy theories
▼ + stars: | 2023-09-05 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

He has also sued, in a separate lawsuit, conspiracy theorist and pillow salesman Mike Lindell. "They had no credible evidence of any 'Antifa conference call;' that Dr. Coomer was part of this purported call; or that Dr. Coomer committed election fraud. Coomer still has ongoing lawsuits against election conspiracy theoristsThe conspiracy theories, Coomer said in his lawsuit, led to "an onslaught of harassment and credible death threats issued against him." Drew Angerer/Getty ImagesCoomer filed his lawsuit separately from Dominion, which has separate pending lawsuits against OAN, Newsmax, Giuliani, and Powell. It was the first settlement from a news organization in a defamation lawsuit filed over 2020 election conspiracy theories.

Persons: OAN, Eric Coomer, Coomer, Donald Trump's, — OAN, Chanel Rion, Herring Networks —, Law360, OAN didn't, Trump's, Sidney Powell, Rudy Giuliani, Newsmax, Mike Lindell, Rion, Trump, OANN, Eric Coomer's, Drew Angerer, Giuliani, Powell Organizations: Dominion, Service, America, Network, Dominion Voting Systems, Court, White, Herring Networks, Inc, dba, News Network, Fox, Dominion Representatives, Coomer, OAN, Twitter, Fox News Locations: Wall, Silicon, Denver County, Colorado, Coomer, Dominion

☆ Trump's Top 5 defenses in his massive NY financial fraud case, in his own words
▼ + stars: | 2023-09-03 | by ( Laura Italiano | ) www.businessinsider.com time to read: +17 min

AdvertisementAdvertisementHere are Trump's top five business fraud defenses – in his own words – as revealed in a recently-unsealed deposition transcript. New York attorney general's officeTrying to pass the blame won't work, two attorneys who used to work for previous New York attorneys general told Insider. And you're suing them instead of going after violent criminals," he scolded the attorney general and her lawyers. Then there's the $250 million Trump allegedly pocketed by lying about the size of his collateral. 3: his math is "worthless"At the center of the attorney general's case are a decade's worth of Trump's Statements of Financial Condition.

Persons: Trump, Donald Trump, Letitia James, James, Andrew S, Amer, Kevin C, Wallace, Brittainy Newman, Eric, I've, Mazars, We're, I'm, general's, Kenneth Foard McCallion, Tristan Snell, –, Susan Watts, they'd, Snell, McCallion, Donald Trump's, Laura Italiano, Kathy Willens, Jennifer S, Altman, Carlo Allegri, John Minchillo, Drew Angerer, George Washington, Jack Nicklaus, Tom Watson, He's Organizations: Trump Org, Service, York, New York State, New York, AP Trump, Trump Organization, New, Trump University, Trump, Deutsche Bank, NY Daily, Getty, Associated Press Deutsche Bank, McCallion, Associates, Washington, MSNBC, Reuters, U.S, Marriott Marquis Locations: NY, Wall, Silicon, Manhattan, New York, Trump's, Trump Tower, Manhattan , NY, . New York, Trump, New York City, Springs, Westchester County , New York, Mount Kisco, N.Y, Washington ,, Miami

☆ Gap reports another period of declining sales across all brands, warns of 'uncertain consumer'
▼ + stars: | 2023-08-24 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +7 min

In this article GPS Follow your favorite stocks CREATE FREE ACCOUNTPedestrians walk past Old Navy and GAP stores in Times Square, New York City. The company is projecting net sales to decrease in the low double-digit range for the fiscal third quarter compared to last year's net sales of $4.04 billion. Sales declined 6% at Old Navy, on top of a sharp 13.6% decline in the prior-year period. Gap is betting Dickson can breathe new life into Gap's brands: its namesake banner, Old Navy, Banana Republic and Athleta. "We know that regardless of market conditions, strong brands, brands that matter, win," said O'Connell.

Persons: Drew Angerer, Katrina O'Connell, Neil Saunders, StreetAccount, Richard Dickson's, Mattel's Barbie, Dickson, Here's, Chris Blakeslee, Alo Yoga, O'Connell Organizations: Navy, GAP, Refinitiv, Old Navy, Mattel, Banana, Republic Locations: Times Square , New York City, Banana Republic, women's, men's, Gap China, North America

☆ Ukraine war divides Republicans heading into first GOP debate
▼ + stars: | 2023-08-23 | by ( Amanda Macias | ) www.cnbc.com time to read: +12 min

Ukrainian Presidency | Anadolu Agency | Getty ImagesWASHINGTON — The Republican primary debate in Milwaukee Wednesday is expected to showcase the deep divisions within the party over America's role in the Russian war on Ukraine. Scott Olson | Getty ImagesFormer Vice President Mike Pence was the first Republican candidate to travel to Ukraine after Russia invaded. He says the Russia-China axis is by far the top threat to U.S. national security and merits more focus than the Ukraine war. Tim ScottLikely Republican presidential candidate and U.S. Joseph Prezioso | AFP | Getty ImagesThe former New Jersey governor was the second Republican candidate to visit Ukraine after Pence.

Persons: Ukraine Volodymyr Zelenskyy, Joe Biden, Donald Trump, Carlos Barria, Vladimir Putin, Volodymyr Zelenskyy, Trump, could've, Sean Hannity, Zelenskyy, Biden, Mike Pence, Scott Olson, they've, Pence, Putin, Vivek Ramaswamy, Tucker Carlson, Scott Morgan, Ramaswamy, Nikki Haley U.S, Nikki Haley, Kevin Lamarque, Haley, Tim Scott, Brian Snyder, Tim Scott of, Scott, Ron DeSantis, Scott Brown, Reba Saldanha, DeSantis, pushback, Chris Christie, Joseph Prezioso, Christie's, Christie, Francis Suarez, Miami Mayor Francis Suarez, Ronald Reagan, Mario Tama, Getty Images Miami Mayor Francis Suarez, Suarez, Will Hurd, Hurd, Republican frontrunners Trump, Doug Burgum, Dan Koeck, Asa Hutchinson, Arkansas Asa Hutchinson, Drew Angerer Organizations: Anadolu Agency, Getty Images WASHINGTON, Republican, Milwaukee Wednesday, GOP, New York Times, U.S, Army, National Defense, Reuters, Fox News, NATO, Getty, NBC News, Marine Corps, Vivek Ramaswamy Republican, Former Fox, Iowa, United, United Nations, American Enterprise Institute, New Hampshire Institute, Politics, Saint Anselm College, NBC, Ron DeSantis Florida Governor, Republican U.S, New Jersey, New Hampshire Town Hall, AFP, New, CNN, Miami Mayor, Library, Getty Images Miami Mayor, National, Harvard, Republican Party of Iowa, Former, CIA, Disney, Doug Burgum North, Reuters North, Asa Hutchinson Republican, Washington Hilton Locations: Ukraine, Kharkiv, Russia, Ukrainian, Milwaukee, United States, Europe, Moscow, Iran, Siena, Fort Drum , New York, U.S, South Carolina, Ankeny , Iowa, Russian, Kyiv, Berlin , New Hampshire, Des Moines , Iowa, China, Eastern Europe, Arlington , Virginia, Taiwan, North Korea, Manchester , New Hampshire, Tim Scott of South Carolina, America, Ron DeSantis Florida, Rye , New Hampshire, Reuters Florida, New Hampshire, Goffstown , New Hampshire, New Jersey, Bucha, Simi Valley , California, Harvard, Former Texas, Texas, Crimea, Desantis, Doug Burgum North Dakota, Fargo , North Dakota, Reuters North Dakota, Arkansas, Washington ,

☆ JPMorgan executive explains why decarbonization is a megatrend that business can't ignore
▼ + stars: | 2023-08-22 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +9 min

"It doesn't matter whether you're an energy client, or a consumer products client, or a retail client, there is something about this megatrend that is going to impact your business model, your business," Variankaval told CNBC. Right now, Variankaval says, it's too soon to know exactly which climate tech companies are going to the winners and losers. It's a multi decade-long process," Variankaval told CNBC. In some segments of climate tech, there are debates about which solutions are better than others that take on a near religious fervor. So you need to diversify in terms of technologies, but also in time horizons," Variankaval told CNBC.

Persons: Rama Variankaval, decarbonization, Variankaval, Megatrend, —, Joe Biden, Sen, Joe Manchin, Chuck Schumer, James Clyburn, Frank Pallone, Kathy Catsor, Drew Angerer, Biden, signe, It's, it's, That's, We're Organizations: JP Morgan Securities LLC, Aspen, Bloomberg, Getty, JPMorgan Chase, CNBC, JPMorgan, United Nations, Carbon, SC, White, Federal Reserve Locations: Miami Beach , Florida, Paris, decarbonization, United

☆ How Bob Iger's big plan to shrink Disney could pay off and how it could backfire, according to industry insiders
▼ + stars: | 2023-08-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +11 min

After a run of acquisitions during his first tour as Disney CEO, Bob Iger is looking to shrink the company. "They are our film studios, our parks business, and streaming, all of which are inextricably linked to our brands and franchises." Verizon has reached out to Disney about partnering on a new ESPN streaming service, The Information reported. 2024 will bring some clarity to Disney's streaming business. "The streaming business with ESPN going direct to consumer can generate a lot of subscriptions and hopefully be a positive earnings contributor.

Persons: Bob Iger, He's, Iger, Wells, Steven Cahall, MoffettNathanson's Michael Nathanson, Iger's, hasn't, Macquarie, Tim Nollen, Doug Shapiro, Shapiro, Disney, It'll, there's, Tim Cook, Eddy, Drew Angerer, Disney's, Penn, Joel Simkins, Stratechery's Ben Thompson, Thompson, — Iger, mused, signups, he's, Kevin Lansberry, I'm, Nollen Organizations: Disney, ABC, FX, Geographic, ESPN, Google, Netflix, Warner Bros, Discovery, Warner Bros . Discovery, Comcast, Marvel, Pixar, Apple, Walt Disney, Turner Broadcasting System, Apple's, Hulu, ESPN Iger, Penn Entertainment, Houlihan, Global Technology Group, LightShed Partners, Verizon, Flagship Locations: Orlando , Florida, Sun

☆ Bob Iger is moving to shrink Disney — here's how industry insiders see his playbook and its potential pitfalls: 'Everything is not OK'
▼ + stars: | 2023-08-18 | by ( Lucia Moses | ) www.businessinsider.com time to read: +11 min

After a run of acquisitions during his first tour as Disney CEO, Bob Iger is looking to shrink the company. He's looking to Disney's IP-driven parks, streaming, and film studios to drive growth. "They are our film studios, our parks business, and streaming, all of which are inextricably linked to our brands and franchises." 2024 will bring some clarity to Disney's streaming business. "The streaming business with ESPN going direct to consumer can generate a lot of subscriptions and hopefully be a positive earnings contributor.

☆ With eyes on Taiwan, new China ban shows the U.S. may be learning lessons from mistakes with Russia
▼ + stars: | 2023-08-11 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +7 min

Analysts said the U.S. was making such moves with an eye on rising tensions over Taiwan, given that the potential fallout from a conflict between China and Taiwan would be "unimaginable." Yurchenko, who spoke to CNBC ahead of the Wednesday announcement, dubbed the scale of the risks regarding Taiwan as "unimaginable." Beijing, meanwhile, has called for "reunification" with Taiwan, last year describing its status in a white paper as an "unalterable" part of China. watch nowElina Ribakova, senior fellow at the Peterson Institute for International Economics, said that China was watching the West's approach to Russia closely. Western sanctions against Moscow keep coming, almost 1½ years after Russian forces crossed Ukraine's borders.

Persons: Drew Angerer, Joe Biden, Olena, it's, Olena Yurchenko, Yurchenko, Kyle Bass, Xi Jinping, Biden, Ukraine's Yurchenko, they've, Elina Ribakova, Ribakova, Daniel Ferrie, I'm Organizations: Getty, Wednesday, Foreign Ministry, Economic Security, of, of Ukraine, CNBC, Peterson Institute for International Economics, Moscow, Ukraine, European, European Union, Hayman Capital Locations: China, disassociation, Beijing, U.S, Russia, Taiwan, United States, Washington, of Ukraine, India, Taiwan Strait, Ukraine, Ukraine's, Moscow

☆ From Washington to Warsaw, a ‘greenlash’ is picking up steam despite extreme heat
▼ + stars: | 2023-08-01 | by ( Sam Meredith | ) www.cnbc.com time to read: +7 min

A pushback against climate policies is not just a U.S. issue. Reprisals over climate policies come at a time of record-breaking extreme heat across the globe, with July poised to be the hottest month in human history. Ruling party leader Jarosław Kaczyński described the bloc's green policies as "madness" and akin to "green communism." "At the moment, it looks like green parties are not doing going fantastically well. "The IRA is called an IRA, it is not called a climate act because there's no way that you could get Democrats and Republicans to agree on something called climate," Tocci said.

Persons: Henry Nicholls, Ron DeSantis, DeSantis, ESG, —, Kevin McCarthy, Drew Angerer, Nathalie Tocci, Tocci, U.N, António, Sadiq Khan's, Jarosław Kaczyński, Emmanuel Macron, Alexander De Croo, Ursula von der, Kenzo Tribouillard, Joe Biden's, Mark Rutte's, …, Jan Willem Erisman, Mateusz Morawiecki, Michal Hetmanski Organizations: Afp, Getty, Republican Gov, House, Biden, U.S, Capitol, Istituto, CNBC, Farmer, Movement, Internazionali, Belgian, Belgium's, IRA, BBB, Farmers, Anadolu Agency, Getty Images, Leiden University Locations: London, Marble, U.S, Europe, Florida, Washington ,, Italian, Poland, Ostend, European, Netherlands, The Hague, Polish, Warsaw

The source also reiterated that Archer provided no evidence connecting President Joe Biden to any of his son’s foreign business dealings. Goldman said Archer told the panel that Hunter Biden did put his father on speaker phone in the presence of business partners, but that business was never discussed. Devon Archer, a former business associate of Hunter Biden, arrives for closed-door testimony at the O'Neill House Office Building on July 31, 2023 in Washington, DC. Comer then accused Joe Biden of lying about his family’s business dealings and his own involvement – pledging that his panel will continue to investigate. In recent weeks, he delivered his most explicit threat yet to Biden, saying House Republicans’ investigations into the Biden family’s business deals appear to be rising to the level of an impeachment inquiry.

Persons: Devon Archer, Hunter Biden, Archer, Joe Biden, Matthew L, Schwartz, Boies Schiller Flexner, ” Schwartz, “ Mr, Dan Goldman, Goldman, Joe Biden’s, ” Goldman, Biden’s, “, ” Hunter, Drew Angerer, James Comer, Hunter Biden’s, ” Comer, Comer, –, Biden, Ian Sams, Kevin McCarthy, McCarthy, Donald Trump, McCarthy –, Newt Gingrich Organizations: CNN, Republican, Democrats, ”, Democrat, House Republicans, O'Neill, Getty, “, Republicans, House Democrats, Biden, Department, GOP, Congressional, Fox News Locations: Washington, Washington ,, United States

☆ Atlantic Ocean circulation is heading for a collapse around mid-century, scientists report
▼ + stars: | 2023-07-25 | by ( Laura Paddison | ) edition.cnn.com time to read: +5 min

The AMOC is a complex tangle of currents that works like a giant global conveyor belt. It transports warm water from the tropics toward the North Atlantic, where the water cools, becomes saltier and sinks deep into the ocean, before spreading southwards. The likeliest point of collapse is somewhere between 2039 and 2070, Ditlevsen said. Warming oceans and melting ice threaten to desatbilize a crucial system of ocean currents in the Atlantic. “The key point of this study is that we don’t have much time at all to do this,” de Menocal said.

Persons: ”, Peter de Menocal, Peter Ditlevsen, Ditlevsen, “, Drew Angerer, Menocal, It’s, haven’t, ” de Menocal, Stefan Rahmstorf Organizations: CNN, Oceanographic Institution, University of Copenhagen, Atlantic, University of Potsdam Locations: Europe, Greenland, Cove, Newfoundland, Canada, Germany

Washington CNN —Special counsel Jack Smith’s office has asked former US officials about a February 2020 Oval Office meeting where then-President Donald Trump praised improvements to the security of US elections, according to multiple people familiar with the matter. Those details offer a stark contrast to the voter-fraud conspiracy theories Trump began spreading publicly just weeks later and continued to use to question the 2020 election results. Investigators seemed particularly interested in understanding Trump’s mindset about election security before he embarked on a monthslong campaign to cast doubt on elections, the source added. After losing the 2020 election, Trump repeatedly made false claims that contradicted what he was told at the White House briefing about the security of voting systems. The briefing grew tense when the topic turned to Moscow’s preference for Trump over Joe Biden in the 2020 election, the sources said.

Persons: Jack Smith’s, Donald Trump, Trump, Zach Gibson, Elie Honig, “, ” Honig, Jack Smith, ”, Claire Woodall, Scott Olson, Chris Krebs, Trump’s, Joe Biden, National Intelligence Joseph Maguire, Drew Angerer, Maguire Organizations: Washington CNN, White House, FBI, Department of Homeland Security, CNN, Trump, Oval, Bloomberg, Getty, White, DHS, National Intelligence, Capitol Locations: Washington , DC, Venezuela, Italy, Milwaukee, Trump

☆ Across rural America, data center development booms as investors race to cater to artificial intelligence
▼ + stars: | 2023-07-21 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +10 min

Data center development is booming and AI is expected to stoke already growing demand. Demand is sapping power grids in major markets and pushing data center development across the US. The project's neighbors include Google, Meta, Microsoft, and Amazon – all of whom have similar plans, or are already underway with major data center projects. The message came after a torrid period of growth by the data center industry in that region. Wes Swenson, Nova's CEO, said the Reno region was becoming increasingly popular for data center development because of its access to power.

Persons: Matt McCollister, Martin Peck, Lincoln Rackhouse, Peck, Blackstone, Jonathan Gray, Drew Angerer, Bard, Gray, Pat Lynch, Robbie Sovie, Sovie, Georgia Power, Skybox, Rob Morris, Morris, George Frey, Novva, Wes Swenson, Nova's, Swenson, CBRE, Lynch Organizations: stoke, Lincoln Property Company, Harrison Street, Google, Meta, Microsoft, Amazon, Lincoln, Carrier, QTS, Dominion Energy, Dominion, Washington DC, APS, QuadReal, Georgia, Reuters, Data Centers, CIM Group Locations: Ohio, New Albany, Columbus, Northern Virginia, Dallas, Phoenix, Silicon Valley, Chicago, Virginia, Loudoun County, Washington, Arizona, Southwest, Lithia Springs , Georgia, Atlanta, Vancouver, Hutto , Texas, Austin, Eagle Mountain , Utah, Reno , Nevada, Storey County, Reno, Silicon, Salt Lake City, West Jordan , Utah, CBRE

☆ Shell-hungry artillery battles with Russia are fast eating through Ukraine's ammo, and that's why cluster bombs are key, experts and officials say
▼ + stars: | 2023-07-12 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

The US decided last week to send deadly but controversial cluster munitions to Ukraine's military. Experts and officials say these explosives will help ease Ukraine's ammunition shortages. The provision of cluster munitions is also aimed at preserving US stockpiles. Washington's difficult decision to outfit Kyiv with cluster munitions appears to have come at a calculated and pivotal moment. "The hard but necessary choice to give them the cluster munitions amounted to this," US Secretary of State Antony Blinken told MSNBC at the NATO summit in Lithuania this week.

Persons: Biden, —, Wojciech Grzedzinski, Jake Sullivan, Sullivan, Colin Kahl, Dmytro Smolienko, " Kahl, Vladimir Putin, Joe Biden, Jack Watling, Justin Bronk, Drew Angerer, Bronk, Watling, Antony Blinken Organizations: US, Service, Ukrainian, Pentagon, The Washington, Getty, Moscow, White, National, Kyiv, Publishing, CNN, NATO, Royal United Services Institute, MSNBC Locations: Wall, Silicon, Ukraine, Kyiv, Washington, Zaporizhzhia Region, Russian, Washington , DC, U.S, Lithuania

☆ A showdown with one senator over hundreds of generals and admirals is set to ripple through the US military
▼ + stars: | 2023-07-11 | by ( Christopher Woody | ) www.businessinsider.com time to read: +13 min

Waiting to replacing him is Gen. Eric Smith, and he will continue waiting until one senator lifts holds on the promotions of more than 250 generals and admirals. Tuberville's hold targets uniformed military officers over a policy set by the US military's civilian leadership, diverging from the longstanding manner in which members of Congress have expressed displeasure with such policies. Kelsey Dornfeld"Uniformed military officers do not set policy. 'We will lose talent'Maj. Gen. Eric Smith receives his three-star rank insignia during a ceremony in Okinawa in August 2018. "It is the personal development, it is the family understanding and predictability" that will be affected, Adm. John Aquilino, head of US Indo-Pacific Command, told senators in April.

Persons: Sen, Tommy Tuberville, Tuberville, David Berger, Eric Smith, Biden, —, Katherine Kuzminski, Sergeant, Marine Corps Troy Black, Kelsey Dornfeld, They're, Kuzminski, Berger, It's, Defense Lloyd Austin III, Austin, that's, Smith, Olivia G, Ortiz, Benjamin Northcutt, Christopher Cavoli, Michael Gilday, Lisa Franchetti, MCS2 La’Cordrick Wilson, John Aquilino, James McConville, McConville, Frank Kendall, Charles Brown Jr, Kendall, Brown, Drew Angerer, Mitch McConnell, Jack Reed's, Defense Lloyd Austin, Mark Milley, Alex Wong, Reed, Elizabeth Warren Organizations: Service, US Marine Corps, Pentagon, Department, US, Military, Veterans, Center, New, New American Security, Marine Corps, Staff, Uniformed, Defense, United States, Washington DC, Senate Armed Services Committee, US Army Europe, US Army, US European Command, NATO's Military, Naval Reactors, US Navy, Pacific Command, " Air Force, Savannah, Joint Chiefs of Staff, Capitol, Republican, CNN, Joint Chiefs Locations: Wall, Silicon, New American, Okinawa, Germany, Cavoli, Pacific, California, South Korea, Alabama

☆ Private jets are descending on a small-town airport as the 'summer camp for billionaires' kicks off
▼ + stars: | 2023-07-11 | by ( Grace Kay | Taylor Rains | ) www.businessinsider.com time to read: +4 min

Private jets are already arriving in Sun Valley, Idaho ahead of the "summer camp for billionaires." Private jets have already begun piling up outside of small town Sun Valley, Idaho as some of the world's most powerful people head to Allen & Co's annual conference — also known as "summer camp for billionaires." Since Tuesday morning, over 40 private jets have flown through the nearby Friedman Memorial Airport ahead of the conference, with at least another 100 scheduled to arrive throughout the day, according to FlightAware. In 2021, the airport was so swamped with private jets that the FAA had to delay incoming flights until traffic dropped. Amazon founder Jeff Bezos and OpenAI CEO Sam Altman are expected to attend the event, according to Bloomberg.

Persons: Bill Gates, Jeff Bezos, Mark Zuckerberg, —, Drew Angerer, Tim Cook —, Louis Vuitton, Bernard Arnault, Chris Pomeroy, he's, Pomeroy, Sam Altman, Bob Iger Organizations: Private, Allen, Friedman, Federal Aviation Administration, FAA, Nike, The New York Times, Staff, Getty, Embraer, Cessna, Bombardier Global, Apple, Sun, Friedman Memorial Airport, New York Times, The Washington Post, ABC, Amazon, Bloomberg, Disney, Variety Locations: Sun Valley , Idaho, Valley , Idaho, Friedman, Sun Valley

☆ This is 'the end of the beginning' of the battle against inflation, economist says
▼ + stars: | 2023-07-10 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

Drew Angerer | Getty Images News | Getty ImagesCentral banks are at "the end of the beginning" in their battle against inflation, as several factors keep core prices persistently high, according to top Societe Generale economist Kokou Agbo-Bloua. U.S. inflation cooled in May to an annual 4%, its lowest annual rate in more than two years, but core inflation rose by 0.4% month-on-month and 5.3% year-on-year. In assessing the current state of global policymakers' efforts to tame inflation, Agbo-Bloua quoted former British Prime Minister Winston Churchill's remarks in a 1942 speech: "Now this is not the end. It is not even the beginning of the end. He suggested that this has helped to keep the labor market resilient, which will likely extend this lag time.

Persons: Jerome Powell, Drew Angerer, Kokou Agbo, Bloua, Winston Churchill's, we're Organizations: Federal Reserve, Federal, Market, Getty, Societe Generale, British, CNBC Locations: Washington ,, Ukraine, Agbo

☆ The Supreme Court makes almost all of its decisions on the 'shadow docket.' An author argues it should worry Americans more than luxury trips.
▼ + stars: | 2023-07-07 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +10 min

The Supreme Court makes nearly all its decisions on the emergency relief docket or "shadow docket." What is the Supreme Court 'shadow docket?' Capitol Police watch an abortion-rights rally from behind the security fence surrounding the Supreme Court on June 23, 2022. Public trust in the Supreme Court is at a historic lowNadine Seiler attends a rally for voting rights while the U.S. Supreme Court hears oral arguments in the Moore v. Harper case December 7, 2022. The dangers posed by the shadow docket are more perilous than the wrongs of individual justices, Vladeck argues, because the shadow docket's ills are inherently institutional.

Persons: Steve Vladeck, —, Vladeck, Sonia Sotomayor, Clarence Thomas, John Roberts, Amy Coney Barrett, Neil Gorsuch, Brett Kavanaugh, Scott Applewhite, mifepristone, William Baude, Nathan Howard, it's, Ruth Bader Ginsburg, Anthony Kennedy, Stephen Breyer, Elena Kagan, Ketanji Brown Jackson, Joe Biden's, Chip Somodevilla, Roe, Wade, Obama, Bush, Trump, Nadine Seiler, Harper, Drew Angerer, stokes Organizations: Service, Supreme, Supreme Court, AP, University of Chicago, Capitol Police, Getty, Former, — Locations: United, Joe Biden's State, Texas, U.S, Moore

☆ Nearly all of the Supreme Court's decisions are made on the 'shadow docket.' It poses an even bigger ethical concern than luxury trips and disclosure forms.
▼ + stars: | 2023-07-06 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +10 min

The Supreme Court makes nearly all its decisions on the emergency relief docket or "shadow docket." What is the Supreme Court "shadow docket?" The court's emergency docket is where justices make quick decisions to address emergency relief requests and other procedural matters. But the vast majority of orders that reach the emergency docket are of little interest to the general public. The dangers posed by the shadow docket are more perilous than the wrongs of individual justices, Vladeck argues, because the shadow docket's ills are inherently institutional.

Persons: Steve Vladeck, —, Vladeck, mifepristone, William Baude, Nathan Howard, it's, Ruth Bader Ginsburg, Roe, Wade, Obama, Bush, Trump, Nadine Seiler, Harper, Drew Angerer, stokes Organizations: Service, Supreme, Supreme Court, University of Chicago, Capitol Police, Getty, — Locations: Texas, U.S, Moore

☆ Smoke will keep pouring into the US as long as fires are burning in Canada
▼ + stars: | 2023-07-01 | by ( Alaa Elassar | ) edition.cnn.com time to read: +17 min

Massive fires burning in remote areas – like some of those currently burning in northwestern Quebec – are often too out of control to do anything about. Ed Jones/AFP/Getty Images Smoke from wildfires in Canada shrouds the view of the Statue of Liberty on Friday in New York. Jim Watson/AFP/Getty Images Smoke and haze is seen from the Lincoln Memorial in Washington, DC, on Tuesday, June 27. Matt McClain/The Washington Post/Getty Images Smoke from Canadian wildfires obscures the visibility in Pittsburgh on June 8. Another issue is the increase in the wildfires are caused by climate change, and are simultaneously making climate change worse.

Persons: ” Robert Gray, you’ve, they’re, “ There’s, don’t, ”, Daniel Perrakis, ” Gray, Shiraaz Mohamed, Gray, “, ” Perrakis, Ed Jones, David Dee Delgado, Gary Hershorn, Haze, Gene J, Jim Watson, Megan Smith, Kamil Krzaczynski, Cpl Marc, Andre Leclerc, Drew Angerer, Shannon Stapleton, Ronald Reagan, Saul Loeb, Matt McClain, Emmalee Reed, Hannah Beier, Mandel Ngan, New York City, Timothy A, Clary, Mike Segar, John Minchillo, Shanita Hancle, Seth Wenig, Matt Rourke, Ting Shen, Matt Slocum, Amr Alfiky, John Meore, Leah Millis, George Washington, Peter Carr, Yuki Iwamura, Kareem Elgazzar, Carlos Osorio, Frank Franklin II, Merrily Cassidy, Spencer Colby, Jason Rock, BJ Fuchs, Anne, Sophie Thill, we’ve, it’s Organizations: CNN, Canadian Forest Service, Firefighters, Getty, ” “, Nature Conservancy, Rockefeller Center, North, Corbis, PNC Park, Major League Baseball, Pittsburgh Pirates, San Diego Padres, Traffic, Chesapeake, Lincoln Memorial, USA, People, Canadian Forces, Reuters, BC, Service, Xinhua, Ronald Reagan Washington National Airport, Washington Post, Bloomberg, Capitol, Trade, AP Transit, T, Alberta Wildfire, New, New York City, Getty Images Workers, Citizens Bank, Philadelphia Phillies, New York Yankees, Empire, George Washington Bridge, New York State Thruway, Cincinnati Enquirer, Cape Cod Times, Anadolu Agency, Canadian Press, AP, Wildfire Service, Communications, Space, NASA, Reuters Firefighters, Kamloops Fire Rescue, Shining Bank Locations: Wisconsin, Vermont, North Carolina, Canada, Quebec, Canadian, British Columbia, Alberta, Ontario, Mexico, Costa Rica, Chile, Spain, Australia, New Zealand, South Africa, South Korea, France, AFP, New Jersey, Manhattan, New York, North America, New, Pittsburgh, Stevensville , Maryland, Washington ,, Chicago, Lake Michigan, Mistissini, Ronald Reagan Washington, Arlington , Virginia, Washington, Philadelphia, Elmont , New York, Baltimore, Evansburg , Alberta, Brooklyn , New York, Piermont , New York, Fort Lee , New Jersey, George, West Nyack, New York's, New York City, Cincinnati, Rock Harbor, Massachusetts, Cape Cod, Ottawa, Fort Nelson, Shelburne County , Nova Scotia, Communications Nova Scotia, Shelburne , Nova Scotia, Fort St, John, Kamloops, Shining Bank , Alberta, Lytton

☆ Don't say anti-gay: As GOP approval for same-sex relationships plummets, Republican senators insist they're only coming after trans rights, not gay rights
▼ + stars: | 2023-06-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +8 min

GOP senators insist they don't hear about it from their voters — and that trans issues are different. "You mentioned that eight years ago, the Obergefell decision created a constitutional right to same-sex marriage," said Graham. Since the 2015 Obergefell v. Hodges Supreme Court decision, same-sex marriage has largely faded as an issue targeted by Republicans, at least at the national level. "To be honest, I don't hear a lot about that issue," Sen. Josh Hawley of Missouri, one of the more eager Republican culture warriors, said of same-sex marriage. Still, support for the legality of same-sex marriage remains broadly popular — it's not the potent wedge issue it once was, such as during the 2004 presidential campaign when President George W. Bush campaigned on a constitutional amendment to ban same-sex marriage.

Persons: —, Sen, Lindsey Graham of, Graham, Hodges, Josh Hawley, Hawley, George W, Bush, Cynthia Lummis, Ron DeSantis, Lummis, Drew Angerer, Thom Tillis, Republican Sen, you've, JD Vance, Ohio, Vance, it's, Anita Bryant's, Biden, Dr, Roger Marshall, Roger Marshall of, Marshall, I've Organizations: Pride, Service, Republican, Republicans, Gallup, Gov, Getty, Rights, House Locations: Lindsey Graham of South Carolina, Josh Hawley of Missouri, Wyoming, Florida, North Carolina, United States, statehouses, Roger Marshall of Kansas, Kansas

That activity could signal that investigators are nearing at least some charging decisions in a part of the 2020 election probe, sources added. It is not clear if Trump is a target in the fake electors aspect of Smith’s ongoing criminal probe. Multiple 2020 election witnesses are scheduled for grand jury appointments in the coming days, sources say. Fake electors in NevadaThe fake electors scheme – one of the more public efforts to overturn Biden’s win in the 2020 election – now appears to be at the forefront for prosecutors, sources said. McDonald and DeGraffenreid previously declined to answer some questions about the fake electors scheme in the House inquiry.

Persons: Jack Smith, Donald Trump, Joe Biden, Trump, Mike Pence, Rudy Giuliani, Sidney Powell, Jeffrey Clark, Giuliani, Drew Angerer, –, Michael McDonald, Jim DeGraffenreid –, Gary Michael Brown, Brown, McDonald, DeGraffenreid, Adam Laxalt, Jesse Binnall, “ Donald Trump, ”, Binnall, “ Adam Laxalt, ” Robert Uithoven, Nevada’s Organizations: Washington CNN, CNN, Prosecutors, Republicans, Trump, Lawyers, Capitol, of Justice, Republican National Committee, Getty, Biden’s, Nevada Trump, state’s Republican, GOP, FBI Locations: Washington, Florida, Nevada, Nevada’s Clark County, Clark County

☆ Microsoft faces off against US government over Activision deal, with top execs set to testify
▼ + stars: | 2023-06-22 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

It will also impact enormously popular gaming franchises such as “Call of Duty” and “World of Warcraft,” which Activision owns and would be transferred to Microsoft under the deal. Also testifying will be the top financial executives from both companies; senior leaders from Microsoft’s Xbox division; the CEO of Microsoft Gaming, Phil Spencer; and a vocal critic of the deal, Sony gaming CEO Jim Ryan. The clash comes as Microsoft and Activision face down a contractual July 18 deadline to consummate the deal. A crucial moment for Microsoft and the FTCThe FTC lawsuit has put Microsoft under the harshest antitrust scrutiny in the US in more than two decades. Microsoft CEO Satya Nadella, Activision CEO Bobby Kotick and Sony Gaming CEO Jim Ryan are all expected to testify.

Persons: Phil Spencer, Jim Ryan, Satya Nadella, Bobby Kotick, Drew Angerer, Kevin Dietsch, Alex Wong, “, Lina Khan, Khan, Meta Organizations: CNN, Microsoft, Activision, Xbox, Microsoft Gaming, Sony, Federal Trade Commission, FTC, Sony Gaming, New, Nintendo, Nvidia, European Union, Facebook, Meta Locations: New Zealand, European, United States

☆ Morgan Stanley expects the stock market to plunge. Others aren't so sure.
▼ + stars: | 2023-06-21 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

An American flag hangs behind traders working on the floor of the New York Stock Exchange (NYSE) on October 11, 2019 in New York City. Morgan Stanley, for example, has adopted a downbeat view for the months ahead. Falling prices, Morgan Stanley explained, can cut into revenue growth and weigh on earnings. "This should begin to hit asset prices by the end of this month and carry into the fall," Morgan Stanley strategists said. To Stockton, the S&P 500 could soon trade as high as 4,510, or about 3% higher than current levels.

Persons: I'm Phil Rosen, Jerome Powell, Drew Angerer, Morgan Stanley, Mike Wilson, Katie Stockton, Stockton, Morgan Stanley's bearishness, Rick Bowmer, Tom Lee, Phil Rosen, Jason Ma, Hallam Bullock Organizations: Capitol, Financial Services, Committee, Fed, New York Stock Exchange, NYSE, Advance, Bank of England, Patterson Companies, Winnebago Industries, Bloomberg, Manheim Locations: American, New York City, Stockton, Salt Lake City, London, China, Europe, New York, Los Angeles

☆ CNBC Daily Open: The Fed paused rates — and the rally in markets
▼ + stars: | 2023-06-15 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Drew Angerer | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. And if inflation does indeed fall further, Powell suggested the Fed might deviate from its projections and keep rates steady. July's Federal Open Market Committee "will be a live meeting," because "a decision hasn't been made," Powell said. But even if the Fed doesn't hike in July, it's likely to hold rates steady for the rest of the year.

Persons: Jerome Powell, Drew Angerer, Gundlach, Wharton, Jeremy Siegel's, Powell, hasn't, there's, it's Organizations: Federal Reserve, Federal, Market, Getty, CNBC Locations: Washington ,

Search resuls for: "Drew Angerer"

25 mentions found