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☆ Biden lawyers wrote to AG Garland objecting to aspects of Hur’s report
▼ + stars: | 2024-02-15 | by ( Kevin Liptak | Mj Lee | ) edition.cnn.com time to read: +4 min

Washington CNN —The White House wrote to Attorney General Merrick Garland the day before special counsel Robert Hur’s report was released, vehemently objecting to aspects of the report – including its “multiple denigrating statements” about the president’s memory. Ultimately, Hur did not appear to heed calls by Biden’s lawyers to produce a narrow and concise report limited to the facts of the charging decision. The lawyers wrote Hur’s report “mirrors one of the most widely-recognized examples in recent history of inappropriate prosecutor criticism of uncharged conduct.”“The FBI and DOJ personnel’s criticism of uncharged conduct during investigations in connection with the 2016 election was found to violate ‘long-standing Department practice and protocol,’” the lawyers wrote. The letter underscores the deep anger generated by Hur’s report inside the White House and lays bare tensions between Biden’s team and Garland. CNN has previously reported that frustrations have run high inside the White House regarding some of Garland’s decisions related to the classified documents matter.

Persons: General Merrick Garland, Robert Hur’s, Joe Biden’s, Hur, —, ”, Bob Bauer, Edward Siskel, Garland, James Comey, Hillary Clinton, Biden, General Bradley Weinsheimer, Bauer, Richard Sauber, Weinsheimer –, Eric Holder Organizations: Washington CNN, DOJ, FBI, Politico, The New York Times, CNN, White, Department

☆ White House confirms US has intelligence on Russian anti-satellite capability
▼ + stars: | 2024-02-15 | by ( Michael Williams | Kevin Liptak | ) edition.cnn.com time to read: +5 min

Washington CNN —The White House on Thursday confirmed that the national security threat flagged by the chairman of the House Intelligence Committee the previous day is related to “an anti-satellite capability that Russia is developing,” but sought to soothe concerns about the danger it presents to the United States. “This is not an active capability that’s been deployed,” National Security Council spokesman John Kirby said Thursday. “There was notifications from the intelligence community that made it just clearer now than before,” Crenshaw said. “This was just the time.”The post from Turner called on President Joe Biden to declassify “all information” related to the threat. Kirby said the US intelligence community had “serious concerns” about a broad declassification of intelligence related to the threat.

Persons: that’s, John Kirby, ” Kirby, Mike Turner of, Turner, Matt Gaetz, “, Andy Ogles, Ogles, Kirby, Donald Trump, Dan Crenshaw, Crenshaw, ” Crenshaw, Joe Biden, declassify, Biden, Hans Kristensen, CNN’s Morgan Rimmer, Oren Liebermann, Katie Bo Lillis Organizations: Washington CNN, House Intelligence, ” National Security, House Intelligence Committee, Republican, Turner, Ukraine, Russia, Reuters, GOP, Intelligence, Texas Rep, Federation of American, CNN, 2022 Defense Intelligence Agency Locations: Russia, United States, Mike Turner of Ohio, Florida, ”, Tennessee, Ukraine, Russian

☆ Fires Are the Sum of Our Choices
▼ + stars: | 2024-02-14 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +2 min

In early February, the deadliest South American wildfires in a century swept through Valparaiso, Chile, killing more than a hundred people. In the United States, mercifully little land burned — only 2.6 million acres, which was less than half the recent average. But in Canada, fires ate through more than twice as much forest as the country’s previous modern record, the total burn scar large enough that more than half the world’s countries could fit inside. In Greece, one fire forced the country’s largest-ever evacuation, and another became the largest fire in the history of the European Union. And in the United States, especially, you increasingly hear a somewhat contrarian explanation that emphasizes fire suppression rather than warming.

Persons: “, Stephen Pyne, Daniel Swain Organizations: European Union, Sydney Locations: Valparaiso, Chile, Lahaina, Maui, Hawaii’s, United States, Canada, Greece, Australia, McMurray , Alberta, Hawaii, Boulder County, Colo

☆ The rich want to give their kids real estate and businesses to save on taxes but still control the family fortune. One neat trick: family-limited partnerships.
▼ + stars: | 2024-02-14 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +8 min

And yet, Walton's wife and children didn't have to pay a dime in estate tax. With an FLP, an individual — often a parent or two parents — pools their business assets, which are commonly real estate or stock. There are pragmatic reasons for keeping family business assets consolidated, according to Dan Griffith of Huntington Private Bank. Another sweetener: you can claim a discount on the assets within the FLP and use even less of your estate tax exemption. This would eliminate all gift and estate tax on the business even if the couple dies after the Trump tax cuts sunset.

Persons: —, Sam Walton, didn't, Donald Trump, Dan Griffith, –, Griffith, Robert Strauss, Weinstock Manion, Strauss, Edward Renn, Renn, Trump, that's, Katie Carlson Organizations: Service, Walmart, Business, Huntington Private Bank, IRS, Partners, Bank of, Trump

☆ Ludovic de Saint Sernin makes New York Fashion Week debut with polished BDSM-inspired collection
▼ + stars: | 2024-02-12 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +7 min

Arturo Holmes/Getty Images“Robert has always been a huge inspiration to me — in discovering his work, I discovered myself,” de Saint Sernin told CNN backstage. Ludovic de Saint Sernin backstage at his New York debut. De Saint Sernin explores gender with a sense of freedom in his clothes. Actor Hunter Schafer attended the 2023 Vanity Fair Oscar Party in a creation by Ludovic de Saint Sernin for Ann Demeulemeester. Arturo Holmes/Getty ImagesDe Saint Sernin wanted to capture the energy of a late night out in New York.

Persons: Robert Mapplethorpe, Ludovic de Saint Sernin —, Raf Simons, Robert Mapplethorpe's, Arturo Holmes, Robert, ”, Saint Sernin, wispy, Kim Kardashian, Kim Petras, Ludovic de Saint Sernin, Sierra Pruitt, Olivia Rodrigo, Sivan, Oscar, Hunter Schafer, Saint, Schafer, Jules, Ann Demeulemeester, Leon Bennett, Singer Olivia Rodrigo, Jeff Kravitz, de Saint Sernin, Olivier Rousteing, he’s, “, Mapplethorpe’s Organizations: CNN, New York, Saint, Arca, New, MTV, Getty, de Saint, Balmain Locations: Cincinnati, Paris, Belgian, New York City, New York, Mapplethorpe’s New York, LA

☆ Rafah airstrikes: Israeli attacks kill more than 100 in Rafah as international alarm mounts over anticipated ground offensive
▼ + stars: | 2024-02-12 | by ( Helen Regan | ) edition.cnn.com time to read: +10 min

Smoke billows during Israeli bombardment over Rafah in the southern Gaza Strip on February 12, 2024. In a statement Monday, Hamas condemned what it said was a “horrific massacre” by Israel against civilians in Rafah. ‘The dead are better than us’For the more than one million Palestinians in the southern city, the expected push into Rafah is causing alarm and fear. Rafah is the last major population center in Gaza not occupied by the Israeli military. Olfat Hamdan said she had witnessed dead bodies on the streets of Gaza City, noting that “nobody was able to drag them or move them.”“What have I seen?

Persons: Abu Yousef Al, Rafah’s, Fernando Simon Marman, Louis Har, Nir Yitzhak, Smoke, Said Khatib, Danial Hagari, …, Jens Laerke, Benjamin Netanyahu, “, Stéphane Dujarric, Israel’s, Netanyahu, Joe Biden “, Israel, ” Netanyahu, We’re, ”, ‘, ” Mohammad Jamal Abu, Khan Younis, El, ” Mahmoud Khalil Amer, Al, Tal, ” Abdul Kareem Al, Qaseer, Olfat Hamdan Organizations: CNN, Palestine Red Crescent Society, Najjar Hospital, Israel Defense Forces, Israel Security Agency Shin Bet, Police, Getty, UN Office, Humanitarian Affairs, Human Rights, United Nations, UN, United Kingdom, Sunday, UN’s Security, Maxar Technologies, ABC News, IDF, “, Hamas, of Health Locations: Palestine, Gazan, Rafah, Shaboura, Gaza, AFP, Sheba Tel Hashomer, Israel, Israeli, Hamas’s, ”, Aqsa, Qatar, Saudi Arabia, Egypt, United, Saudi, Gaza City, Al Shati, “, People, Tal El Hawa, Khan

☆ Former FBI Deputy Director Andrew McCabe finds 'nauseating similarities' between Biden special counsel report and Hillary Clinton email case
▼ + stars: | 2024-02-10 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Andrew McCabe took issue with special counsel Robert Hur's report on Biden compared to Clinton. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Special Counsel Robert Hur declined to file charges against Biden for retaining classified documents from his time as Barack Obama's vice president. During an interview with CNN's Kaitlan Collins, McCabe suggested Hur was "attempting to even out the scales" with the report. “I think where we stepped far over the line and made a mistake was in Jim’s rhetoric clearly criticizing Hillary Clinton but of course not recommending that she be charged,” McCabe told Collins.

Persons: Andrew McCabe, Robert Hur's, Biden, Clinton, McCabe, Hur, —, Friday, Joe Biden's, Hillary Clinton's, Robert Hur, Barack Obama's, revs, Donald Trump, CNN's Kaitlan Collins, Collins, ”, James Comey, “, Hillary Clinton, ” McCabe, Comey, Jim Organizations: Service, FBI, Democratic, Department of Justice, House, Trump, White Locations: Clinton, Florida , Michigan, Pennsylvania, Wisconsin

SALT LAKE CITY (AP) — Utah’s Republican governor and lieutenant governor are urging the State Board of Education to take action against a conservative school board member whose social media post questioning the gender of a high school basketball player incited a tirade of threats against the girl. But as laws banning trans girls from girls' sports have spread across Republican-led states, false accusations such as this have threatened the safety of both trans and non-trans youths. Spencer Cox said Cline has “embarrassed the state” by dogpiling on a child she thought to be trans. Democratic state lawmakers are calling for Cline's immediate resignation, and the governor and lieutenant governor have asked the school board to “hold her accountable.”The State Board of Education condemned Cline's actions in a statement Thursday but said it has no power or authority to unseat her. The Granite School Board will hold a special meeting Friday to discuss a resolution condemning Cline for targeting one of its students.

Persons: — Utah’s, Natalie Cline, Cline, Deidre Henderson, Spencer Cox, Cox, Henderson, “, ” Cox, vetoing, Troy Williams, Cline's, Governor Cox, Natalie Cline’s, ” Cline, Amanda Bollinger Organizations: LAKE CITY, — Utah’s Republican, State Board of Education, Republican, Gov, Equality, Utah Legislature, Democratic, Jordan School, Granite School Locations: Salt Lake City, dogpiling, Utah, Equality Utah

☆ Biden tries to lay to rest age concerns, but may have exacerbated them
▼ + stars: | 2024-02-08 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —A probe that spared President Joe Biden from criminal charges paradoxically dealt him a threatening political blow. The president’s defenders often get frustrated when the political conversation is dominated by Biden’s age – rather than Trump’s repeated challenges to the rule of law. In another CNN poll last week, 46% of Democrats were concerned about Biden’s age. Hur’s report rebuked Biden for willfully retaining classified information, including top secret documents after he left the vice presidency. North Carolina Republican Sen. Thom Tillis was kinder but his comments over Biden’s age were also cutting.

Persons: Joe Biden, Robert Hur’s, Biden, ” Biden fumed, Donald Trump’s, CNN’s MJ Lee, “, ”, Hur, Beau’s, ” Biden, he’s, Trump, Kamala Harris, —, Nikki Haley, Nancy Pelosi —, he’d, Trump’s, Hur’s, ” Hur, Beau, Florida Sen, Marco Rubio, North Carolina Republican Sen, Thom Tillis, I’m, ” Tillis, “ I’m, …, I’ve, Arizona Sen, Mark Kelly Organizations: CNN, White, Trump, Republican, Biden, Republicans, GOP, Twitter, North Carolina Republican Locations: Egypt, Mexico, America, Washington, Ukraine, Gaza, Lago, Afghanistan, Maryland, Florida, Arizona

☆ 'Raël: The Alien Prophet': The story of the cult that claims to have cloned humans
▼ + stars: | 2024-02-07 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Read previewNetflix's "Raël: The Alien Prophet" is perhaps one of its most gripping docuseries yet. The show delves into the world of a controversial French cult known as the Raëlian Movement, which claimed that it created the world's first human clone in the early 2000s. The Raëlian movement was convinced that cloning humans would lead to immortality. In "Raël: The Alien Prophet," Boisselier maintains that Eve is doing well, although she has little contact with her. AdvertisementWhile Raël, Boisselier, and Clonaid all maintain that they have made successful human clones, there has been no evidence to prove that they ever produced anything other than a media firestorm.

Persons: —, Claude Vorilhon, Raël, Brigette Boisselier, Mark Hunt, Andrew, Hunt, Boisselier, Clonaid, Eve, Michael Guillen, Guillen, Brigitte Boisselier, SUSAN STOCKER, hadn't, John Frusciante, there's Organizations: Service, Raëlian, Business, ABC, CBS, PBS, CNN, Broward, Getty, Broward County Circuit, Raelian Locations: France, Scottish, Florida, Broward County, Israel

☆ 9 Key Revelations in Maui’s First Review of the Lahaina Inferno
▼ + stars: | 2024-02-06 | by ( Mike Baker | Nicholas Bogel-Burroughs | ) www.nytimes.com time to read: +1 min

Six months after a firestorm destroyed the town of Lahaina, Hawaii, a detailed new report on the tragedy reveals that a large number of victims died along a single street — a stark indication of the ferocity of the blaze that swept through the historic island town, killing 100 people. The 98-page report from the Maui Police Department on the Aug. 8 disaster came after months of pressure to provide more information about the fire and the government’s response to it, which has been criticized for failing to adequately warn residents in time for them to evacuate. It provides a detailed timeline of a fire that started near a downed electrical line in the morning hours, then flared up in the afternoon and burned through the city for hours. As residents fled for their lives, many were unable to leave because key exit routes were blocked by downed power lines, trees and the raging fire itself. The fire claimed victims across a distance of more than two miles, and possibly over many hours, the report showed, including in neighborhoods that were already ablaze before evacuation alerts were issued.

Organizations: Maui Police Department Locations: Lahaina , Hawaii

☆ Photos From a Firestorm: Chile’s Deadly Blazes
▼ + stars: | 2024-02-04 | by ( The New York Times | ) www.nytimes.com time to read: 1 min

Runaway forest fires ravaged the coastal hills of central Chile, taking scores of lives, with hundreds of people reported as missing. Thousands of homes were destroyed, especially in the hilly neighborhoods around the resort town of Viña del Mar, where many older residents were not able to escape. The fires exploded on Friday amid unusually warm weather and strong winds. “We’re standing before a tragedy of immense proportions,” President Gabriel Boric said on Sunday, as survivors sought to comprehend their losses. SundayUberlinda Silva, 72, in her burned house in El Olivar.

Persons: “, Gabriel Boric, Sunday Uberlinda Silva Locations: Chile, Viña del Mar, El Olivar

Nebraska is among more than a dozen states — all with Republican governors — that have opted out of receiving the funding. Kim Reynolds criticized the federal food program as doing “nothing to promote nutrition at a time when childhood obesity has become an epidemic. Statistics from the U.S. Department of Agriculture showing a steady increase in food insecurity among Nebraska families could help explain that flood of calls, Day said. “This places Nebraska above the national average and gives us the 11th highest food insecurity in the nation,” she said. “As many of you know, food is more expensive than ever, and it’s squeezing low-income Nebraska residents hardest."

Persons: Weeks, Jim Pillen, “, Omaha Sen, Jen Day, —, Kim Reynolds, Sen, Ray Aguilar, Aguilar, Day, Pillen Organizations: Republican Gov, Legislature's, Human Services Committee, SNAP, Democrat, Nebraska Legislature, Republican, Statistics, U.S . Department, Agriculture, Summer Food Service Program, U.S . Department of Agriculture Locations: Nebraska, Omaha, Iowa, Grand, U.S

☆ Tesla erases references to DEI from its new 10-K following Elon Musk’s criticisms
▼ + stars: | 2024-02-01 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +5 min

New York CNN —Tesla CEO Elon Musk has a new social media target: Diversity, Equity and Inclusion. Following Musk’s recent critical posts about DEI policies and racial discrimination lawsuits against Tesla, the electric car company has omitted all language regarding minority workers and outreach to minority communities in its 10-K filing with the SEC made January 29. In Musk’s eyes, DEI is “just as morally wrong as any other racism and sexism,” he tweeted in December. And as recently as 2020, Tesla had been publishing its own corporate DEI reports, reaffirming its commitment to the mission. CNN has reached out to Tesla for comment, though the company does not usually respond to press requests.

Persons: Elon Musk, Tesla, ”, It’s, George Floyd’s, Harvard’s, Claudine Gay, Gonzalo Fuentes, Bill Ackman, Musk, ” Musk, Owen Diaz, Mark Cuban, “, Catherine Thorbecke, Nicquel Terry Ellis Organizations: New, New York CNN, Equity, SEC, Bloomberg, Tesla, Black Colleges, Universities, ”, Asian Pacific Islanders, Minneapolis, CNN, SpaceX, Twitter, Viva Technology, Reuters Billionaire, Harvard, DEI, California Department of Fair, Housing, Fremont, Dallas Mavericks Locations: New York, America, Paris, France, Fremont , California, Fremont, United States, ” Cuban

☆ Joe Biden is not coming for your gas stove
▼ + stars: | 2024-01-29 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +4 min

Your gas stove is safe. The US Energy Department announced new energy efficiency standards for ovens and stoves, and the big takeaway is: Not much is changing. The department assured that the vast majority of gas stoves on the market – 97% – already meet the standards. Trumka had confirmed to CNN that “everything’s on the table” when it comes to gas stoves, but stressed that any ban would apply only to new gas stoves, not existing ones. “I can tell you the last thing that would ever leave my house is the gas stove that we cook on.”CNN’s Matt Egan contributed to this story.

Persons: ”, Andrew deLaski, Richard Trumka Jr, Trumka, ” Trumka, it’s, Democratic Sen, Joe Manchin, “, ” CNN’s Matt Egan Organizations: New, New York CNN, Biden, Consumer Product Safety, US Energy Department, DOE, Energy Department, US Consumer Product Safety, CNN, Consumer Product Safety Commission, Consumers, Democratic, Twitter Locations: New York, West Virginia

☆ Premarket stocks: Crypto fans got what they wanted. So why is bitcoin falling?
▼ + stars: | 2024-01-25 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

So, why is the price of bitcoin falling, even after investors got what they wanted? Part of the reason is likely a “buy the rumor, sell the news” mentality, according to Antoni Trenchev, co-founder of crypto lender Nexo. Interestingly, bitcoin ETF activity actually shows net buying. Greyscale’s fund is the largest bitcoin ETF, holding roughly $20 billion in assets. ETFs hold just a small portion of the bitcoin that’s traded, says Eric Balchunas, senior ETF analyst at Bloomberg Intelligence.

Persons: cryptocurrencies, bitcoin, Antoni Trenchev, that’s, Eric Balchunas, ”, Bitcoin, FTX, “ We’re, Craig Erlam, vibing, Bryan Mena, Read, It’s, Janet Yellen, Matt Egan, Yellen, Biden Organizations: CNN Business, Bell, New York CNN —, US Securities and Exchange, SEC, Investors, Bloomberg Intelligence, CNN, Economic, of Chicago, Treasury Locations: New York, America, Chicago, Covid

☆ Fire Blanketed Lahaina in Toxic Debris. Where Can They Put It?
▼ + stars: | 2024-01-25 | by ( Mike Baker | Lisa L. Schell | ) www.nytimes.com time to read: +1 min

When a firestorm consumed the Hawaii town of Lahaina last year, killing 100 people, it left behind a toxic wasteland of melted batteries, charred propane tanks, and miles of debris tainted by arsenic and lead. Crews have already removed some of the most hazardous items, shipping them out for disposal on the mainland. Now begins the even more formidable task of collecting hundreds of thousands of tons of additional debris and soil — enough to cover five football fields about five stories high. Even as excavators began filling dump trucks this month, the question of where it should all ultimately go remained unanswered. For now, the county has chosen a “temporary” dump site in Olowalu, a few miles south of Lahaina on the West Maui coastline.

Persons: Crews Locations: Hawaii, Lahaina, Olowalu, Maui

“There is no Ken without Barbie, and there is no ‘Barbie’ movie without Greta Gerwig and Margot Robbie, the two people most responsible for this history-making, globally celebrated film,” Ryan Gosling said. Her first three films as a solo director — “Lady Bird,”“Little Women” and “Barbie” — have all been nominated for best picture. One likely factor: the increasingly international composition of the film academy. After Ben Affleck went unnominated for directing 2012's “Argo,” voters rallied around his movie, ultimately handing Affleck the Oscar for best picture. Whether the same effect could follow “Barbie" will be one of the biggest questions leading up the Academy Awards.

Persons: —, Barbie ”, Greta Gerwig's, Ken, Barbie, Greta Gerwig, Margot Robbie, ” Ryan Gosling, Hillary Clinton, Greta, “ Barbie, “ Oppenheimer, Jimmy Kimmel, “ Jimmy Kimmel, ”, Gosling, Robbie, Gerwig, “, Lady Bird, Kathryn Bigelow, Zhao, Jane Campion, Bird, Noah Baumbach, “ Barbie ”, Robbie didn't, ” snubs, Mary McNamara, Barbie ’, Robbie’s Barbie, Justine Triet, Palme, Christopher Nolan, Oppenheimer, Martin Scorsese, Jonathan Glazer, Yorgos, — Gerwig, Alexander Payne, Lanthimos, Glazer, Celine Song's “, Shannon Watts, “ Oscar, Ben Affleck, Affleck, Oscar, Billie Jean King, Jake Coyle Organizations: Twitter, Academy of Motion Pictures Arts, Sciences, Gerwig, Los Angeles Times, ” Locations: Europe

☆ Elon Musk claims X has less antisemitic content than peers, following visit to Auschwitz
▼ + stars: | 2024-01-22 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk — who was widely criticized for an antisemitic post on his social media site, X, two months ago — said following a visit to Auschwitz Monday that X has less antisemitic content than other social media platforms. Musk made the comments during an interview at a conference hosted by the European Jewish Association near the site of the Auschwitz in Poland. It comes after Musk faced a firestorm of backlash over antisemitic content on X, including a post with an antisemitic conspiracy theory that Musk himself amplified (and later apologized for in the wake of condemnation.) Musk later apologized for the post, but told advertisers who halted their spending on X over concerns about antisemitic content to “go f**k” themselves. As part of Monday’s event, the billionaire appears to have made a visit to Auschwitz along with his young son.

Persons: New York CNN — Elon Musk, —, Musk, “ It’s, you’ve, ” Musk, we’ve, Whites, “, Elon Musk, Andrzej Rudiak, ” Organizations: New, New York CNN, Auschwitz, European Jewish Association, White, Defamation League, ADL Locations: New York, United States, Auschwitz, Poland, Israel, Nazi

☆ A Map Without Israel Plunges a Grade School Into a Political Firestorm
▼ + stars: | 2024-01-19 | by ( Ginia Bellafante | More About Ginia Bellafante | ) www.nytimes.com time to read: +2 min

A follow-up in The Post later that day focused on the outrage of local officials. Tova Plaut, an instructional coordinator for the department, has been especially vocal about what has happened at P.S. “This particular example speaks to why there needs to be systemwide training on how to recognize antisemitism,” she said. District 15 was “committed to making sure our students feel safe and supported at all times,” he wrote, perhaps somewhat ambitiously. “It would be devastating if the program were cut,” Lauren Katzman, the mother of a first grader at 261, told me.

Persons: Dan Goldman, “, Tova, ”, Rafael T, Alvarez, ’, ” Lauren Katzman Organizations: Democratic, city’s Department of Education, Holocaust, Alliance, New York Peace Institute Locations: Boerum, Israel, nonexistence, P.S

☆ Elon Musk is about to find out if ultimatums really work
▼ + stars: | 2024-01-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the ultimatum Elon Musk gave Tesla's board amid a critical time for the company. The big storyElon's ultimatumREUTERS/Steve NesiusUltimatums rarely work in relationships, but what about between CEOs and the massive companies they run? Elon Musk is about to find out. Musk, who has roughly a 13% stake in the EV maker, said if his request isn't met, he'll "prefer to build products outside of Tesla." Meanwhile, Ross Gerber, a longtime Tesla bull, said it's "absurd" to think Musk doesn't already have control over Tesla and described his request as "blackmailing the Tesla shareholders."

Persons: —, Antony Blinken, Elon Musk, Steve Nesius Ultimatums, Elon, isn't, didn't, Wedbush's Dan Ives, Musk's, Ross Gerber, Tesla, Dow Jones, George Glover, That's, cowering, Caspar Benson, Jamie Dimon, dory, Trump, Ray Dalio, Biden, Evan Spiegel's, Hokyoung Kim, They've, Kristen Stewart, Christopher Nolan, Maite Alberdi, Celine Song, Eugene Lee Yang, Dave Bautista, Kevin Costner, Estelle, AA Milne, Jay Chou, Jennifer Ortakales Dawkins Organizations: Service, Boeing, Business, Tesla, EV, Apple, Microsoft, Nvidia, Getty, Intellia Therapeutics, Shoals Technologies, JPMorgan, Biden, Bridgewater Associates, Trump, Alliance, Helicopter, BI, Sundance, Northern Trust Locations: Switzerland, Tesla, Northern

☆ Elon Musk gives Tesla's board an ultimatum as he seeks to grab more power
▼ + stars: | 2024-01-17 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

By demanding more power at Tesla, Elon Musk has effectively issued an ultimatum. AdvertisementElon Musk has issued an ultimatum to Tesla's board: hand over control of 25% of the votes, or he'll put the brakes on AI development. Musk claims the board has been delaying updating his compensation package until the court decides on a verdict. If the plan is rejected, it could be complicated for the board to give Musk what he wants. As Ives notes: "Musk is Tesla and Tesla is Musk."

Persons: Elon Musk, —, he'll, Wedbush's Dan Ives, Tesla, Musk, Ives, xAI, Google's Bard, OpenAI's Organizations: Tesla, Service, EV Locations: Delaware

☆ Some of the best early-stage startup investors share a common trait that should be a lesson for Silicon Valley
▼ + stars: | 2024-01-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at the best investors when it comes to early-stage companies. The big storyPicking winnersCaterina Fake, Cindi Bi, and Suleman AliInvesting can be a crapshoot, especially when it comes to early-stage companies. AdvertisementThe investors, profiled by BI's Ben Bergman, Samantha Stokes, Rebecca Torrence, and Leena Rao, have an incredible track record for early-stage investing. Silicon Valley can be known to have a herd mentality, especially when it comes to venture investors. And yet, some of the best early-stage investors have proven to have far better success going out on their own.

Persons: —, we've, Caterina Fake, Suleman Ali, BI's Ben Bergman, Samantha Stokes, Rebecca Torrence, Leena Rao, Joseph Aaron, cofounders, Tanja Ivanova, isn't, Chanos, Elon Musk, Jim Chanos, Tesla, Musk, Dan Ives, Goldman Sachs, Goldman, Brittany Hosea, Satya Nadella, Sam Altman, Philipp Schindler, Google's, Alyssa Powell, Michelle Obama, Betty White, Steve Harvey, Muhammad Ali, Benjamin Franklin, Al Capone, Calvin Harris, Charles Schwab, They've Organizations: Service, Business, Reuters, Getty, Elon, Tesla, Apple, Microsoft, Google, BI Locations: pant, San Francisco, Brittany, China, Davos, ChatGPT's

That's when Rep. Elise Stefanik, the hard-charging upstate New York Republican, came up, according to a person at the dinner table. At the thought of Stefanik as a possible choice for vice president, Trump nodded approvingly. "I'm not going to get into any of my conversations with President Trump. In New York, Stefanik is known as a frequent presence not only in her district but across the state — and someone who can easily be reached. Aside from Stefanik, Bannon ticked through his view of Trump's deep bench of potential VP picks.

Persons: Elise Stefanik, Joe Biden's, Donald Trump, Trump, Stefanik, Steve Bannon, Trump's, Mike Pence, Mitt Romney's, I'm, NBC's, Pence, Dan Goldman, —, Gerry Kassar, General Merrick Garland, Michael Cohen, Jack Smith's, MAGA, Bannon, Kevin Hern, Kristi Noem, Sarah Huckabee Sanders, Sen, Marsha Blackburn, Kari Lake, Nikki Haley, Haley, Stefanik's, Barack Obama, Gavin Wax, Elise, Wax, Roger Stone, Stone, She's, it's, It's Organizations: Capitol, Mar, Republican, New, New York Republican, Trump raved, Trump, Harvard, University of Pennsylvania, Massachusetts Institute of Technology, White, White House, NBC, New York, Conservative, House Republican Conference, GOP, Senate, South Dakota Gov, Wall, Fox, New York Young Republican Club, It's Trump Locations: Washington, WASHINGTON, New York, Stefanik, Iowa, Trump, York, Briarcliff Manor, N.Y, Lago, Arkansas, Arizona, Stefanik's New York

☆ Secretary of Defense Lloyd Austin released from hospital
▼ + stars: | 2024-01-15 | by ( Oren Liebermann | Haley Britzky | ) edition.cnn.com time to read: +7 min

CNN —US Defense Secretary Lloyd Austin was released from Walter Reed National Military Medical Center on Monday, according to the Pentagon, two weeks after he was admitted for complications following prostate cancer surgery. Austin will work remotely “for a period of time” before returning to the Pentagon, the Pentagon statement said. His discharge comes after Austin was hospitalized on January 1 for complications from a prostate cancer procedure in December. But a little over a week later on January 1, Austin began experiencing severe pain and was taken back to the hospital in an ambulance. “The Department of Defense is the most vital element of the United States government,” Reed and Wicker said.

Persons: Lloyd Austin, Austin, ”, John Maddox, Gregory Chesnut, ” Austin, Biden, Joe Biden, “, John Kirby, Pat Ryder, Jake Sullivan, CQ Brown, Erik Kurilla, ” Ryder, Austin’s, Walter Reed, Dr, Oliver Sartor, Otis Brawley, Sen, Jack Reed, Member Sen, Roger Wicker, ” Reed, Wicker Organizations: CNN, US, Walter Reed National Military Medical, Pentagon, Trauma, Center, Prostate Disease, Murtha Cancer, Walter Reed National Military Medical Center, House, Defense, National Security, Air Force, Joint Chiefs, Staff, US Central Command, Central Command, Cancer Disease, Mayo Clinic, Johns Hopkins Kimmel Cancer Center, Senate Armed Services, Member, Department of Defense, United, Department Locations: Iraq, Syria, Yemen, United States

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