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☆ Harris’ whirlwind search for running mate enters final hours as she prepares to take new Democratic ticket on the road
▼ + stars: | 2024-08-05 | by ( Arit John | Jeff Zeleny | ) edition.cnn.com time to read: +7 min

CNN —Vice President Kamala Harris is making the biggest decision of her two-week-old presidential campaign as she chooses a running mate and prepares to introduce the new Democratic ticket to voters in several key battleground states this week. The whirlwind vice presidential search entered its final hours Sunday after Harris had interviewed three final contenders — Gov. It was four years ago this week that Biden announced his decision to choose Harris as his running mate. Brian Kemp, who revealed last month that he did not support Trump in the state’s GOP primary. Harris’ campaign has said she will attend the ABC News event, and taunted the former president for backing out of that event.

Persons: Kamala Harris, Harris, Donald Trump, Tim Walz, Josh Shapiro, Sen, Mark Kelly of Arizona, Trump —, Ohio Sen, JD Vance, Joe Biden, Biden, Harris ’, ” Harris, ”, Harris —, Trump, that’s, Chris Christie, Shawn Fain, Andy Beshear, Walz, “, ” Fain, ” Trump, ” Sen, Lindsey Graham, ” “, Kamala Harris’s, Vance, who’s, Brian Kemp, Kemp, “ We’re Organizations: CNN, Democratic, — Gov, Gov, Pennsylvania, Mark Kelly of Arizona —, Democratic Party, Trump, Ohio, CBS, Democratic National Committee, Biden, New, New Jersey Republican Gov, ABC, United Auto Workers, National Association of Black Journalists, Republicans, South Carolina Republican, “ Fox, Republican, GOP, Fox Locations: Philadelphia, Minnesota, San Francisco, New Jersey, Kentucky, Atlanta

Former President Donald Trump’s running mate, Sen. JD Vance, on Sunday expressed confidence in Georgia’s election security, a contrast with Trump’s recent attacks against Republican state officials Gov. At the time, Trump and his allies filed a series of lawsuits in an effort to overturn the 2020 election results, but none succeeded due to a lack of evidence. Ahead of the 2024 election, the Trump campaign and the RNC have pledged to enlist 100,000 volunteers and attorneys to monitor votes in battleground states. On Jan. 2, 2021, Trump also called Raffensperger, a Republican, urging the top Georgia election official to “find” the votes to toss out Biden’s victory in the battleground state. Trump and 18 co-defendants last year were charged with racketeering in connection with their efforts to overturn Trump’s 2020 election loss in Georgia.

Persons: Donald Trump’s, Sen, JD Vance, Brian Kemp, Brad Raffensperger, ” Vance, Trump, Vance, we’ve, ”, “, you’re, Kemp, Raffensperger, Stacey Abrams, ” Trump, Joe Biden, Kamala Harris, —, Trump’s Organizations: Republican, Fox News, Republican National Committee, RNC, Republican Party, Democratic Locations: American, Georgia

☆ Georgia was fading from the presidential battleground map. But Kamala Harris has put the state back in play.
▼ + stars: | 2024-08-04 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

Read previewLast week, both Vice President Kamala Harris and former President Donald Trump held rallies at the same Georgia State University venue in downtown Atlanta just days apart. AdvertisementWhereas many Republicans were beginning to see Georgia for the taking due to Biden's sagging numbers, Harris has given Democrats a jolt of energy in the state. Harris has strength with young voters and minoritiesBiden in 2020 swept nearly every swing state, boosted by his electoral advantage with young voters and minorities. And the latest Bloomberg News/Morning Consult poll taken in Georgia showed Harris and Trump tied at 47% support each among registered voters. And if Trump holds on to 2020 instead of uniting Georgia Republicans, Harris will likely benefit.

Persons: —, Kamala Harris, Donald Trump, Trump's, MAGA, Harris, Joe Biden, Biden, Trump, Robert F, Kennedy Jr, Joe Raedle, Nikki Haley, Brian Kemp, Brad Raffensperger, Kemp, Raffensperger, he's, Marty, Kemp's, Stacey Abrams Organizations: Service, Georgia State University, Business, Republican, Black, GOP, Emerson College, Trump, Peach State, Bloomberg, Republicans, Trump GOP, Georgia Republicans, Republican Gov, Republican Party Locations: Atlanta, Georgia, Peach, Atlanta's, Raffensperger

☆ Tropical Storm Debby moving through Gulf toward Florida
▼ + stars: | 2024-08-03 | by ( ) www.cnbc.com time to read: +7 min

Marc Serota for ReutersA tropical depression strengthened into Tropical Storm Debby north of Cuba on Saturday and was predicted to become a hurricane as it moves through the Gulf of Mexico on a collision course with the Florida coast. A hurricane warning was in effect for sections of the state's coast with tropical storm warnings for the Florida Keys. Debby is the fourth named storm of the 2024 Atlantic hurricane season after Tropical Storm Alberto, Hurricane Beryl and Tropical Storm Chris, all of which formed in June. We're doing everything that we need to be prepared to face a tropical storm," Tampa Mayor Jane Castor said. "We've been in Florida our whole lives, in South Florida, so hurricanes are not really a big, big thing," Silverman said.

Persons: Hurricane Michelle, Marc Serota, Debby, Tropical Storm Alberto, Hurricane, Chris, Michael Brennan, Mike Prendergast, Idalia, Prendergast, Debbie, Flood, Ron DeSantis, Brian Kemp, We've, Jane Castor, Christina Lothrop, Lothrop, Betti Silverman, Debby didn't, Silverman, Marianne Brinson, Crews Organizations: Continental, Cuba, Reuters, Tropical, National Hurricane Center, Florida Keys, Florida, Florida Panhandle, Florida's, Hurricane Center, Key, National Guard, Georgia Gov, House, FEMA, Tampa, Associated Press, Workers, Tampa Bay Times, Sunshine State Locations: Continental United States, Hurricane, Key West , Florida, South Florida, Cuba, Gulf of Mexico, Florida, Tampa, Bahamas, Florida's Gulf Coast, Miami, Bend, Coast, Florida's West Coast, Georgia , South Carolina, Jacksonville , Florida, Georgia, South Carolina, North Carolina, United States, Gulf, Hernando Beach, Crystal, Steinhatchee, Citrus, Levy, Hernando , Manatee, Pasco, Taylor, Citrus County, St . Petersburg, Silverman's, Idalia, Pinellas, Tallahassee

☆ Trump Says Georgia’s Governor Is Hampering His Efforts to Win There
▼ + stars: | 2024-08-03 | by ( Neil Vigdor | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump suggested without evidence on Saturday that Georgia’s Republican governor was hampering his efforts to win the battleground state in November, a claim that carried echoes of Mr. Trump’s attempt to overturn his defeat to President Biden there in 2020. “In my opinion, they want us to lose,” Mr. Trump said, accusing the state’s governor, Brian Kemp, and its secretary of state, Brad Raffensperger, who is also a Republican, of being disloyal and trying to make life difficult for him. Mr. Trump lost to Mr. Biden by roughly 12,000 votes in Georgia in 2020. Last year, the former president was indicted by an Atlanta grand jury on charges related to his efforts to subvert the results of that election in that state. On Saturday, he complained that he might have avoided legal jeopardy if Mr. Kemp and Mr. Raffensperger had cooperated with his attempts to reverse the 2020 results.

Persons: Donald J, Trump, Trump’s, Biden, ” Mr, Brian Kemp, Brad Raffensperger, “, Kemp, Raffensperger Organizations: Republican, “, Georgia State University Convocation, Mr Locations: Atlanta, Georgia

☆ Bank of England's rate cut is on a knife-edge even with inflation on target
▼ + stars: | 2024-07-31 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Market pricing on Wednesday morning suggested a 60% probability of a rate cut at the BOE's Aug. 1 meeting. That is far less conviction than traders had before the European Central Bank enacted its own rate cut at the start of June; while pricing for the U.S. Federal Reserve to cut for the first time in this cycle in September has hit 100%. watch nowIn both May and June, seven MPC members voted to hold, as two voted to cut by 25 basis points. Headline U.K. inflation spiked higher than in the U.S. and euro zone over the last two years, but has also cooled more quickly. "I would rather hold rates until there is more certainty that underlying inflationary pressures have subsided sustainably," Haskel said.

Persons: Mike Kemp, BOE, Jonathan Haskel —, —, Haskel Organizations: of England, Bank of England's, European Central Bank, U.S . Federal Reserve, MPC Locations: City of London, U.S, BOE, U.K

CNN —During the first whirlwind week of her second presidential campaign, Kamala Harris locked up the support of the Democratic Party, recruited thousands of volunteers and hauled in $200 million in donations. The next test of Harris’ appeal will take place Tuesday in Georgia, where her campaign is hosting an Atlanta rally. “The groundswell of support around the vice president is real and it is meaningful,” Dan Kanninen, Harris’ battleground state director, told reporters Monday. “Tomorrow, Vice President Harris’ visit will highlight her brighter vision for the future, where our freedoms are protected and every American has a fair shot. The campaign has 24 coordinated offices and 170 Democratic coordinated campaign staff across the state.

Persons: Kamala Harris, Joe Biden, Harris ’, Democratic Sens, Raphael Warnock, Jon Ossoff, Stacey Abrams, Megan Thee, Harris, “, Dan Kanninen, Donald Trump, Biden, Georgia –, jolt, Geoff Duncan, Porsha White, ” White, ”, Nikema Williams, ” Williams, Harris outperforming Biden, Trump, Weeks, – Ossoff, Warnock –, Jay Williams, “ It’s, Abrams, Brian Kemp, Hillary Holley, ” LaTosha Brown, Brown, ” Brown Organizations: CNN, Democratic Party, Democratic, Sun, Morehouse College, Republican, Georgia, Georgia Democrats, Atlanta, Trump, Biden, New York Times, White, Republican Gov, Black Locations: Georgia, Atlanta, Michigan , Wisconsin, Pennsylvania, Arizona , Nevada, North Carolina, Gaza, Harris ’ Georgia, American, Siena, Georgia isn’t, Washington, Harris, “ Georgia

☆ 3 members of Nelons, Hall of Fame gospel group, among 7 killed in Wyoming plane crash
▼ + stars: | 2024-07-27 | by ( Amanda Musa | ) edition.cnn.com time to read: +3 min

CNN —Three members of the Nelons, a Georgia-based family gospel group, were among seven people killed in a plane crash in Wyoming on Friday, according to a statement from the family’s management company. Kelly Nelon Clark, her husband, Jason Clark, and their daughter Amber Kistler died in the crash Friday afternoon, according to a statement by daughter Autumn Nelon Streetman, who was not on the plane, that was included with the Gaither Music Group announcement. “Through a career of valued service in public safety, Larry’s impact on our state will not be forgotten,” Kemp wrote. The Gaither statement said Nelon Streetman and her husband were notified of the deaths in Seattle and were returning to their home. The Nelons were inducted into the Gospel Music Association (GMA) Hall of Fame in 2016 and were winners of 10 Gospel Music Association’s Dove Awards, including multiple song of the year and album of the year awards, according to the group’s official website.

Persons: Kelly Nelon Clark, Jason Clark, Amber Kistler, Streetman, Jamie, Dan, Linda Clark, ”, Nelon Streetman, “, Nathan Kistler, Melodi Hodges, Larry Haynie, Melissa, Haynie, Brian Kemp, ” Kemp, Gaither, Jason, Kelly, Amber, Jackie Patillo, Keith Holloway, Holloway Organizations: CNN, Gaither Music, Georgia, of Corrections, Georgia Gov, Gaither, Gaither Music Group, Seattle, Gospel Music Association, GMA, of Fame, GMA Hall of Fame, Transportation Safety, ” Locations: Georgia, Wyoming, Seattle, Alaska

☆ CNBC's Inside India newsletter: The tax with potential side effects
▼ + stars: | 2024-07-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +8 min

Despite its progressive intentions, the tax failed to raise sufficient revenue for the monarch, as people boarded up their windows to lower their tax liability. Window tax was a property tax based on the number of windows in a house. In addition, the minister also lifted capital gains for stock market investors who cash in within a year from 15% to 20%. While the tax raises more than £3 billion ($3.9 billion) annually, it has given birth to far riskier forms of speculation while simultaneously hurting the stock market. However, given the lofty valuations that Indian stock markets currently trade, the tax to skim the excesses might be a positive development over the longer term.

Persons: Nirmala Sitharaman, Ajay Aggarwal, King William III of, Mike Kemp, Upasana Chachra, Morgan Stanley, Siddhartha Khemka, Motilal Oswal, Michael Langham, Abrdn, it's, JPMorgan's Jahangir Aziz, Aziz, Raghuram Rajan, Suman Bery, Bery Organizations: Union Finance, Budget Press Conference, National Media Centre, Hindustan Times, Getty Images, Getty, Budget, Motilal, Institute for Fiscal Studies, Reuters, CNBC, Health, Reserve Bank of India Locations: DELHI, INDIA, New Delhi, India, Mayfair, London, United Kingdom, England, Britain, Kerala, Malaysia, Nipah

☆ Forget right or left. Voters are sick of whoever's in charge.
▼ + stars: | 2024-07-04 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Though some say right-wing movements are on the rise globally, in this year's elections, that's not universally the case. Andy Soloman/UCG/Universal Images Group via Getty ImagesIn short, voters are just fed up — no matter who's in charge. Voters want a chanceGlobally, it's not hard to see an anti-establishment, anti-incumbency trend playing out. So-called "double haters" — voters who dislike both Trump and Biden — have made up an influential chunk of the electorate in recent polls.

Persons: —, that's, Brian Greenhill, Rishi Sunak's, Andy Soloman, Greenhill, Keir Starmer, Rishi, Emmanuel Macron's, Narendra Modi's, Yoon Suk, Joe Biden, Donald Trump, de, Richard Wike, Sweden —, Wike, Mike Kemp, there's, Biden —, Biden, it's Organizations: Service, Business, SUNY, Environmental, Getty, Voters, Labour, Conservative Party, Reuters, African National Congress, NPR, de Maismont, Pew's, Research, Pew Research, Trump Locations: India, France, SUNY Albany, South Korea, —, United States, AFP, Canada, Germany, Greece, Italy, Japan, Netherlands, Spain, Sweden, America

☆ These 13 states — including Florida and Texas — opted out of a $2.5 billion federal food program that would help feed low-income kids this summer
▼ + stars: | 2024-06-27 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +8 min

During the pandemic, the federal government covered the entire cost of the Summer EBT program, but starting this summer, states will be on the hook to split administrative costs 50/50. AdvertisementThirteen Republican-led states ultimately opted out of the program this summer, citing myriad reasons, including redundancy, insufficient support, and politics. AlabamaAccording to the state's Department of Health, one in four children in Alabama faces food insecurity. The state will reconsider joining the summer program once the backlog is dealt with, the outlet reported. Brian Kemp told local outlet 11 Alive that the state already has a summer food program in place.

Persons: —, Brian Kemp, Republican Sen, Cindy Carlson, Kim Reynolds, Reynolds, Kevin Stitt, Stitt, Biden, Henry McMaster, Scott Olson, Iran Fury, Kristi Noem, Chalkbeat, Fury, Megan Degenfelder, Degenfelder Organizations: Service, Department of Agriculture, SUN, Business, The, Agriculture, state's Department of Health, SUN Bucks, Alabama, state's Department of Education, Assistance, SNAP, state's Department of Children, Families, Florida Department of Children, Republican Gov, Republican, Idaho Education, Iowa, Iowa Iowa Gov, Human Services, Biden Administration, Mississippi The Mississippi Department of Human Services, Magnolia Tribune, Oklahoma Republican Gov, South Carolina Republican Gov, The Texas Tribune, state's, Human Services Commission Locations: Alabama, Alaska Alaska, Alaska, Florida, Georgia, SUN Bucks, NurPhoto Idaho, Idaho, Iowa Iowa, Mississippi, Oklahoma, South Carolina, Dakota South Dakota, Iran, Texas Texas, Wyoming Wyoming, Wyoming

☆ Britain looks to upstage France with play for world's third major AI hub after U.S., China
▼ + stars: | 2024-06-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

But key challenges face the country as it looks to become the world's third-biggest AI hub. At the London Tech Week conference in the Olympia events venue earlier this month, tech executives from around the world touted London and the U.K. as a place to invest. London vs. FranceLondon is facing heated rivalry from France for the title of European AI leader. Can the UK keep its European AI crown? Seeking regulatory clarityAnother key source of uncertainty for tech leaders is the future of AI regulation in the U.K.

Persons: Mike Kemp, Alex Kendall, — Kendall, Wayve's, Brent Hoberman, Wayve, it's, Salesforce, Janet Coyle, Coyle, Arthur Mensch, Hanno Renner, that's, Europe's, CNBC's, Philip Belamant, Zilch, Matthew Holman, Cripps, Holman Organizations: Global, London Tech, Sage, Google, London, Partners, Viva Tech, Accel, CNBC, Mistral France Paris, Alpha, Alpha Germany Heidelberg, Face France Paris, France Paris, United, United Kingdom London, Kingdom London, Tech, European Union Locations: London, United Kingdom, China, Olympia, SoftBank, San Francisco, Vancouver . U.S, France London, France, Brazil, Silicon, Europe, Paris, Berlin, Alpha Germany, Germany, Brexit, Britain

Atlanta, Georgia CNN —The headwinds facing President Joe Biden’s reelection bid are as apparent in Georgia as any battleground. “President Trump still has to earn these Republican voters,” said Kelvin King, who was among Trump’s most prominent Black supporters in Georgia in 2016 and 2020. “Atlanta rent is way up, food prices soaring to record highs but Biden claims he’s lowering costs. “You know what you’re getting with Joe Biden,” Davis said in an interview in her store, the Beehive. “To me, former President Donald Trump just isn’t an option whatsoever.”The question is whether Singleton stands alone or represents a broader view among young voters.

Persons: Joe Biden’s, Donald Trump, Trump, ”, Kelvin King, he’s, ” King, “, King, “ He’s, denialism —, Brian Kemp, Brad Raffensperger, ” Biden, Biden, who’s, “ We’ve, Keisha Lance Bottoms, “ We’re, aren’t, ‘, –, Democrat Mariama Davis, Joe Biden, ” Davis, He’s, Davis, it’s, battlegrounds Trump, Kamala Harris, ” Harris, “ Young, Kerry Singleton Jr, Singleton, ” Singleton, that’s Organizations: Georgia CNN, CNN, Republican, Trump, US, America, Biden, Democratic, Gov, Atlanta, Georgia, Democrat, Morehouse College Locations: Atlanta, Georgia, Arizona, Nevada, Wisconsin , Michigan, Pennsylvania, Nebraska

☆ Ron Insana: How Trump’s pitch to replace the income tax with tariffs on imports could rattle the economy
▼ + stars: | 2024-06-14 | by ( Ron Insana | ) www.cnbc.com time to read: +3 min

Anna Moneymaker | Getty ImagesFormer President Donald Trump's recent proposal to replace the U.S. income tax with a tariff on all imported goods is a twist on a clarion call from conservatives — and it could come with unintended consequences. This week, Trump floated the concept of imposing an "all tariff policy," ultimately to eliminate the income tax, sources told CNBC. Entities like the Kemp Commission and Steve Forbes have commonly called to replace the income tax with a flat tax. Trump's proposal brings a new wrinkle to the movement, as it would replace the income tax with a levy on all imported goods. Simple math would suggest that the government may need to impose a 65% tax on all imported goods and services to raise the needed $2.5 trillion.

Persons: Donald Trump, Anna Moneymaker, Donald Trump's, Trump, Steve Forbes, We've, Herbert Hoover Organizations: National Republican, Committee, Washington , D.C, Getty, —, CNBC, Kemp Commission, Smoot Locations: Washington ,, U.S, Hawley, China

☆ Red Lobster closings: These are the locations it wants to shut down
▼ + stars: | 2024-06-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +6 min

New York CNN —Red Lobster wants to close several dozen more restaurants following its bankruptcy, and it has identified which ones are in danger of shutting down if the court approves its plan. The chain, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world, filed for bankruptcy last month. Red Lobster said that it had more than $1 billion in debt and less than $30 million in cash on hand. Part of its plan is to close some locations of its nearly 600 restaurants in the meantime. A few weeks prior to its bankruptcy, it abruptly closed around 50 locations across the United States.

Persons: Fort Smith, Callaghan Lane, Fort, Elizabeth, Merritt, Port Richey, Dale Mabry, Ames, Charles Rock, Noland, Pike, Miller, Monroe, King of Prussia, Knox Abbott, Sam Rittenburg, Anderson Lane, Michael, Van Dorn, Murdock Organizations: New, New York CNN, Beulah, Bell, Oracle, Yuma Palms, Hospitality, College, Run, Fort Myers, Fort Walton, Biscayne, , Michigan City, Charles, Bartow, Pittsburgh, Lamar, Fairfax Locations: New York, America, United States, . Alabama, E, Tuscaloosa Arizona, Flagstaff, Peoria, Phoenix, Tucson, Yuma Arkansas, Shiloh, Fayetteville, Springs, Little Rock California, Citrus Heights, Calaveras, Milpitas, Ave, Monrovia, Pittsburg, Salinas, Hospitality Lane, San Bernardino, San Jose, Lane, Stockton, Vallejo Colorado, Colorado Springs, Fort Collins, Greeley, Pueblo Connecticut, North Haven Delaware, Talleyville Florida, Altamonte Springs, Clermont, North, Clearwater, Coral Springs, Fort Lauderdale, Cleveland, Fort, Fort Walton Beach, Hwy, Kissimmee, Worth, Lake Worth, Lakeland, Leesburg, Haven Ave, Melbourne, Merritt, St, Miami, North Miami, Orange, Alafaya, Orlando, Pensacola, Port, Petersburg, Tampa, The, West Palm Beach Georgia, Columbus, Jonesboro, Rome, Smyrna Illinois, Bourbonnais, Champaign Indiana, Kokomo, , Michigan, Richmond Iowa, Ames Kansas, Topeka Kentucky, Louisville, Paducah Maryland, Salisbury, Salisbury Michigan, Bay City, Waterford Minnesota, West, Bloomington, Golden Valley Mississippi, Tupelo Missouri, Charles Rock Rd, Bridgeton, Independence, Joplin New Jersey, Delran, Paramus New York, Bartow Ave ., Bronx, Copiague, Lakewood, Manhattan, Glen Street, Queensbury, Stony Brook North Carolina, Cary, Jacksonville Ohio, Dayton, Findlay, Maumee, S.E, , New Philadelphia, Parma, Strongsville, Monroe St, Toledo Pennsylvania, Chambersburg, DeKalb Pike, Pittsburgh South Carolina, Cayce, Charleston Tennessee, Chattanooga Texas, Austin, Padre, Corpus Christi, Duncanville, Frisco, Houston, Lubbock, Bedford, Richland Hills, San Antonio, San Marcos, Shenandoah, Texarkana, Wichita Falls Virginia, Alexandria, Blvd, Chesapeake, Fairfax, Spotsylvania, Fredericksburg, Richmond, Broad, Virginia Beach, Pkwy, Virginia Beach Washington, Lynwood, Randall Way, Silverdale West Virginia, Parkersburg

☆ Lululemon dominated the pricey athleisure market for years. Now it faces big competition
▼ + stars: | 2024-06-05 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +5 min

The departure of the company’s chief product officer adds to a “wall of worry” Raymond James analysts said. Choe joined Lululemon more than seven years ago and became chief product officer in 2018, according to her LinkedIn. “I think that there’s a lot of people out there who believe that she was the person behind the scenes and was the most instrumental to Lululemon’s success,” Nikic said. Lulu has been “hyper aware” of dupe culture, Nikki Neuburger, then its Chief Brand Officer, previously said in an interview with CNN Business. However, Lululemon wasn’t stocked enough in these smaller sizes, which could have led these younger shoppers to competitors, Nikic said.

Persons: New York CNN —, Lulu, Alo, –, Sun Choe, ” Raymond James, Choe, Raymond James, Tom Nikic, “, ” Nikic, Mike Kemp, Vuori, Nikki Neuburger, Hailey Bieber, Martha Stewart, Lululemon, Nikic, Calvin McDonald, Samsul Said Organizations: New, New York CNN, preteens, Nike, Wall, Vans, CNN, Jefferies, CNN Business, Shoppers, Bloomberg, Getty Locations: New York, athleticwear, Covent, London, United Kingdom, Los Angeles, preteen, Bukit Bintang, Kuala Lumpur, Malaysia, China

☆ The plastics industry says chemical recycling could help banish pollution. It’s ‘an illusion,’ critics say
▼ + stars: | 2024-05-30 | by ( Laura Paddison | ) edition.cnn.com time to read: +11 min

CNN —A squat, light-colored building in Tigard, Oregon, was supposed to be part of a game-changing new solution for the global plastics industry. And unlike mechanical recycling, where the quality of the product declines each time, chemical recycling promises virgin-quality plastics. Chemical company Dow says it plans to build multiple chemical recycling facilities in the US and Europe, adding as much as 600,000 tons (1.2 billion pounds) of recycling capacity by 2030. “Mechanical recycling simply uses less energy and chemicals than does chemical recycling, making it overall cheaper and less environmentally impactful,” she said. With that kind of industry pressure, said Congdon, it’s easy to see why chemical recycling may be attractive to policymakers.

Persons: Jennifer Congdon, Congdon, “, ”, Big, Yuri Cortez, Davis Allen, what’s, isn’t, Taylor Uekert, Chaideer Mahyuddin, Mike Kemp, Brightmark, NREL’s Uekert, Allen, ” Congdon Organizations: CNN, Regenyx, Plastics, Getty, Climate Integrity, Companies, Chemical, Dow, Oil, Exxon, American Chemistry Council, National Renewable Energy Laboratory, Beyond Plastics, ACC, Center Locations: Tigard , Oregon, Venezuela, AFP, Europe, Asia, Banda Aceh, Indonesia, London, Baytown , Texas, Ashley , Indiana, Macon, Bibb , Georgia, Indiana, The Indiana

☆ Barry Kemp, Who Unearthed Insights About Ancient Egypt, Dies at 84
▼ + stars: | 2024-05-29 | by ( Clay Risen | ) www.nytimes.com time to read: +1 min

Barry Kemp, an archaeologist whose decades of painstaking digging at the abandoned capital of a mysterious pharaoh helped revolutionize our understanding of how everyday ancient Egyptians lived, worked and worshiped, died on May 15 in Cambridge, Britain, one day after his 84th birthday. The death was announced by the Amarna Project, an archaeology nonprofit where Mr. Kemp was director. Almost from the moment he arrived to teach at Cambridge University in 1962, fresh out of college, Mr. Kemp was a phenomenon. Much of his work had little to do with the pharaohs, though. He was among the first to apply the questions of social history, in which scholars explore the lives of everyday people in the past, to ancient Egypt.

Persons: Barry Kemp, Kemp Organizations: Amarna, Cambridge University Locations: Cambridge, Britain, Egypt

☆ Ex-Georgia Senate candidate Herschel Walker still has $4 million left in the bank from his unsuccessful 2022 run. Republicans aren't happy about it.
▼ + stars: | 2024-05-28 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Read previewTwo years ago, the University of Georgia football icon and then-Senate candidate Herschel Walker was seen by many Republicans as a future star in the party. Walker, running against Democratic Sen. Raphael Warnock in the Georgia Senate race, won over many establishment politicians. Walker previously contributed $100,000 to the National Republican Senate Committee for a recount fund, and he also gave roughly $400,000 to charities, according to Politico. Brian Kemp — a conservative who clashed with Trump-aligned figures over the 2020 election — has largely bypassed the state party by utilizing his own political committee to fundraise. But Biden is eager to hold Georgia, as his 2020 win in the state was one of the biggest electoral triumphs for Democrats that year.

Persons: —, Herschel Walker, Walker, Democratic Sen, Raphael Warnock, Walker —, Warnock, Washington —, John Watson, Brian Kemp —, Trump, Biden Organizations: Service, University of Georgia football, Senate, Republicans, Democratic, Georgia Senate, GOP, Business, Politico, Georgia Republican, National Republican, University of Georgia, Georgia GOP, Biden's, Trump, Biden, Georgia, Black Locations: Georgia, Washington, Atlanta

☆ Opinion: Rewatching ‘Notting Hill,’ the truly unbelievable part is Hugh Grant’s house
▼ + stars: | 2024-05-22 | by ( Opinion Laura Beers | ) edition.cnn.com time to read: +11 min

The Notting Hill of the 1990s was still socially heterodox and shabby chic, a neighborhood where a group of 30-something professionals could plausibly have ended up. Even in the late 1990s, such access to disposable income marked the characters in “Notting Hill” out as privileged. Yet, in the 1990s, Notting Hill, long a center of Caribbean immigrant culture and the site of the annual Notting Hill Carnival, underwent a rapid process of gentrification. Between 1995 and 1999, Notting Hill house prices rose by 75%. The colorful terraced houses of Notting Hill, which these days sell for millions of pounds.

Persons: Laura Beers, ”, George Orwell’s, Richard Curtis ’, Julia Roberts, Anna Scott, Hugh Grant, William Thacker, Roberts, Laura Beers Laura Beers, it’s, —, Curtis, Hill’s, Hugh Grant's, Winston, George Orwell, Orwell, Tony Blair’s Britain, Bill Clinton’s America, Grant’s, Tony Blair, Steve Eason, Notting, Spike, Rhys Ifans, Notting Hill, Mike Kemp, San, Spencer Platt, Rishi Sunak’s government’s, Bill, Rewatching Organizations: American University, CNN, MCA, Everett, Notting, Labour, Hulton, Getty, Movement, Housing, Federal Reserve, New York State, Hill ” Locations: American, London, West London, Notting, West, Britain, United States, Young, Notting Hill, Central London, San Francisco, Manhattan, San Matteo, Redwood City, York

☆ Fulton County Superior Court Judge Election Results
▼ + stars: | 2024-05-21 | by ( ) www.nytimes.com time to read: 1 min

Scott McAfee, the judge overseeing the Georgia criminal case against Donald J. Trump and 14 of his allies, is facing off against a long-shot opponent in this nonpartisan election. Judge McAfee has vastly outraised the challenger, Robert Patillo II. And he has been endorsed by both Gov. Brian Kemp, a Republican, and former Gov. Roy Barnes, a Democrat.

Persons: Scott McAfee, Donald J, Trump, Judge McAfee, Robert Patillo II, Brian Kemp, Roy Barnes Organizations: Gov, Republican, Democrat Locations: Georgia

☆ Trump prosecutor Fani Willis and trial judge Scott McAfee will win their elections in Georgia, CNN projects
▼ + stars: | 2024-05-21 | by ( Eric Bradner | ) edition.cnn.com time to read: +3 min

Fani Willis, the Fulton County district attorney who is prosecuting Trump, is projected to win her Democratic primary rematch with attorney and author Christian Wise Smith. And Judge Scott McAfee, who is overseeing the former president’s case, is projected to win his nonpartisan election for Fulton County Superior Court. That has left the Trump case effectively at a standstill. Wise Smith, Willis’ primary opponent, finished third in the 2020 Democratic primary for Fulton County district attorney. Kemp could wind up being a witness in the Trump case.

Persons: Donald Trump’s, Fani Willis, Trump, Christian Wise Smith, Scott McAfee, Willis, Nathan Wade, Wade, Wise Smith, Willis ’, CNN’s Laura Coates, ” Willis, Courtney Kramer, Kramer, Joe Biden’s, McAfee, Robert Patillo, Patillo, ”, Tiffani Johnson, Brian Kemp, “, Kemp, Roy Barnes, Barnes, CNN’s Ryan Young, Devon M, Sayers Organizations: CNN, Democratic, Fulton County Superior Court, Trump, Republican, McAfee, Republican Gov, Democrat, Devon Locations: Georgia, Fulton County, Fulton, Atlanta

☆ Embattled Georgia DA Fani Willis and Trump trial judge hit the campaign trail
▼ + stars: | 2024-05-15 | by ( Sara Murray | Jason Morris | ) edition.cnn.com time to read: +8 min

Wise Smith, meantime, has faced some skepticism from voters worried that if he ousts Willis it could endanger the Trump case. The disqualification drama surrounding Willis hasn’t spared Wise Smith from skepticism from some Democrats who believe Willis will most aggressively prosecute the Trump case. “Some folks were worried that me jumping in the race, you know, might mean we lose that case,” Wise Smith said in an interview with CNN. Let me say this, I think the case is in grave jeopardy right now,” Wise Smith said of the Trump case. In a rarity for a sitting judge, McAfee has also been granting interviews to local media.

Persons: Donald Trump, Fani Willis, Scott McAfee, ” Willis, “, Trump, Willis, Christian Wise Smith, Willis ’, Wise Smith, McAfee, Robert Patillo, he’s, Courtney Kramer, ”, Michael J, Moore, she’s, Willis hasn’t, ” Wise Smith, Wise Smith –, –, ” McAfee, wouldn’t, “ I’ve, Patillo’s, ” Patillo, “ It’s, Patillo, Brian Kemp, Roy Barnes, Kemp, Barnes, Ray Smith III, Smith, ” Moore, that’s Organizations: CNN, Democratic Party, Democratic, Trump, Trump White House, Middle, Middle District of, WSB, Georgia Gov, Republican, Democrat, McAfee, Boy Scouts Locations: Georgia, Fulton County, Middle District, Middle District of Georgia, Inman

Here's what will likely be topics of discussion during Upfronts week, whether it's on stage, in the audience or in private. That dependsMedia companies just finished reporting quarterly earnings, which showed traditional TV is still lagging behind streaming and digital when it comes to ad revenue. Streaming advertising was up 22% across media companies, and now makes up 18% of total advertising. Tech companies including Snap , Roku , Google and Microsoft each saw digital advertising revenue make a comeback this past quarter. Streaming advertising revenue jumped 70%, but the overall number is much lower — just $175 million.

Persons: Kevin Mazur, David Zaslav, Tim Nollen, Mike Kemp, Bob Iger, YouTube's, Tom Hiddleston, Loki, Peacock, Hugh Johnston, Hulu —, NBCUniversal, LeBron James, Jevone Moore Organizations: Getty, Getty Images Media, Hollywood, Warner Bros, Discovery, Media, Upfronts, Macquarie, Tech, Google, Microsoft, Netflix, Disney, Amazon Prime, Amazon, National Football, YouTube, Nielsen, Comcast, Radio City Music Hall, ESPN, Madison, Warner Bros . Discovery, Max, Fox, Sports, NBA, Los Angeles Lakers, Los Angeles Clippers, Crypto.com Arena Locations: Waterloo, London, United Kingdom, U.S, New York City, Hulu, Los Angeles

☆ Meet the students stacking internships and battling each other to get a foot in Goldman Sachs' and JPMorgan's doors
▼ + stars: | 2024-05-13 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +8 min

All this, the business administration student says, is part of his quest to land a job with a big bank like Goldman Sachs or JPMorgan. Advertisement"I have to grind a lot for academics and then do internships on top of that," Loh said. Many Singapore students have adopted a similar playbook to Loh's, padding their résumés with stacks of internships in the hopes of landing a spot at a top bank. AdvertisementHussain ended up doing five internships throughout his college career, including stints at a hedge fund and a private bank. Tan is slated to join a top European bank as an investment banking analyst this summer.

Persons: —, Channon Loh, he's, Loh, Goldman Sachs, Mike Kemp, Eric Sim, Sim, It's, Adnan Hussain, Hussain, Adnan Hussain Adnan Hussain, you'll, Nicholas Tan, Tan, Duo Geng Goh, Goh, it's, Chi Ang, gunning, Ang, Adrian Choo, Choo Organizations: Service, National University of Singapore, NUS, JPMorgan, Business, Getty, Goldman, Harvard, Crazy Rich, UBS Investment Bank, BI, Singapore Management University, SMU, Students, Banking Locations: Singapore, Crazy

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