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☆ China plans to restrict exports of a critical metal. But the market isn't that worried
▼ + stars: | 2024-11-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Stringer | ReutersBEIJING — China will start limiting exports of critical metal tungsten this weekend, just as alternatives to Chinese suppliers of the metal are reopening. watch nowEcclestone pointed out that tungsten prices have not reacted much to China's announcement. While China restricts tungsten exports, the U.S. increased tariffs on Chinese tungsten by 25% in September. Demand for tungsten in and outside China is expected to rise, keeping tungsten prices elevated in the near term, said Emre Uzun, ferro-alloys and steel analyst at Fastmarkets. But starting late next year, he expects increased non-China supply to help stabilize raw tungsten prices.

Persons: Stringer, —, Christopher Ecclestone, Ecclestone, Trump, Cullen, Hendrix, Almonty, Lewis Black, Jeong Kwang, Gracelin Baskaran, Emre Uzun Organizations: Reuters, —, Ministry of Commerce, U.S . Defense Department, Hallgarten & Company, Peterson Institute for International Economics, Almonty Industries, CNBC, Almonty, Bank, Center for Strategic, International Studies, South, . Geological Survey Locations: Lianyungang, Jiangsu province, China, Reuters BEIJING, U.S, South Korea, Canada, Seoul, Gangwon, Portugal, Sangdong, Kazakhstan, Australia, Spain

☆ Trump made unprecedented inroads in Silicon Valley this election
▼ + stars: | 2024-11-28 | by ( Rob Price | ) www.businessinsider.com time to read: +4 min

Silicon Valley, long considered a progressive stronghold, has begun to shift toward Donald Trump, according to new voting data analyzed by Business Insider. These numbers show that Trump and Republicans are still a long way off from gaining any real majorities in Silicon Valley. While Elon Musk is based in Texas these days, many of his companies, including Tesla, are still very active in Silicon Valley. Trump, with Musk in support, has promised to cut regulations, which could help Silicon Valley startups grow more quickly. The trend toward Trump in the Silicon Valley electorate mirrors statewide and national trends.

Persons: Donald Trump, Kamala Harris, Harris, Joe Biden, Hilary Clinton, Francisco county's, Trump, Democrat —, Mark Zuckerberg, Marc Andreessen, Ben Horowitz, Horowitz, Elon, Tesla, reelect Trump, JD Vance, Peter Thiel, Ben Narasin, we've, voteshare Organizations: GOP, Business, San, Apple, Google, Nvidia, State, Facebook, Meta, Republican, Trump, Democrat, Democratic, Venture, PayPal, Elon Locations: Santa Clara, San Mateo, San Francisco counties, Silicon, San Francisco Bay, California, San Francisco, San Mateo county, Silicon Valley, Texas, Atherton

☆ Trump’s wealthy Cabinet picks will have to divest. But the rules make that a potentially lucrative prospect
▼ + stars: | 2024-11-28 | by ( Allison Morrow | ) edition.cnn.com time to read: +8 min

Federal ethics laws require those senior government jobs in the Cabinet and beyond to divest their individual stock holdings, lest anyone be tempted to abuse their position of power to juice their personal investments. “The rule of thumb is, recuse or divest,” said Jordan Libowitz, vice president for communications at Citizens for Responsibility and Ethics in Washington, or CREW. “The more complex your assets are, the harder it can be to divest from them. Although the president isn’t subject to conflict of interest laws, most presidents have adhered to them anyway to avoid any appearance of impropriety. Given Trump’s own disregard for ethics rules, it’s not clear how, or even whether, his Justice Department would enforce the criminal conflict of interest laws that his Cabinet picks are subject to.

Persons: who’s, Nixon, Donald Trump, Howard Lutnick, Linda McMahon, —, ”, Jordan Libowitz, Scott Bessent, haven’t, Bloomberg —, Lutnick, Cantor Fitzgerald, Newmark, it’s, ” Robert Rizzi, isn’t, Trump, disentangle, Rizzi, ” Rizzi, John Paulson, you’re, ” Libowitz, George W, Hank Paulson, Goldman Sachs, he’d, JD Vance, he’s, Libowitz, “, ’ ”, didn’t Organizations: New, New York CNN, Treasury Department, titans, Citizens, Forbes, Bloomberg, Government, Key Square Capital Management, Holland, Knight, Treasury, Bush’s, Wall, Trump Media, Technology, Department, FBI, Trump Locations: New York, Washington, Cantor’s, Washington ,

☆ 5 things to consider buying before new tariffs take effect
▼ + stars: | 2024-11-28 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +6 min

Such tariffs have the potential to significantly increase the prices consumers pay on nearly everything that isn’t made entirely in the US, of which there are very few goods. And as we witnessed during the pandemic, “stockpiling by consumers can actually lead to higher prices in and of themselves and empty store shelves,” he said. That said, here are five items that are likely to get more expensive with any new tariffs Trump imposes that may make sense to purchase before he takes office. But if you need a new one – or will soon – now’s a good time to consider buying. E-bikesOne item that tops the list of things that could get spendier under Trump’s tariffs is e-bikes, Lincicome told CNN.

Persons: Donald Trump’s, Trump, he’s, isn’t, Scott Lincicome, –, ” Lincicome, Ed Brzytwa, Gary Shapiro, “, Corie Barry, Lincicome, “ It’s, Donald Trump Organizations: New, New York CNN, Peterson Institute for International Economics, Cato Institute, Trump, National Retail Federation, Consumer Technology Association, CTA, CNN, “ Locations: New York, Mexico, Canada, China, US

☆ Biden cautions Trump over imposing tariffs on Mexico and Canada: 'I hope he rethinks it'
▼ + stars: | 2024-11-28 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

AdvertisementPresident Joe Biden said that he hopes Donald Trump "rethinks" imposing tariffs on Mexico and Canada. President Joe Biden on Thursday expressed hope that President-elect Donald Trump would back down on his plan to impose tariffs on two of the US' closest allies. "I hope he rethinks it, I think it is a counterproductive thing to do," Biden told reporters on Thanksgiving. He said the tariffs would be among his first actions upon taking office, reopening the door to a national security law that lets the president impose tariffs with few limitations. Trump spoke with Mexican President Claudia Sheinbaum not long after he made the new tariff threat.

Persons: Joe Biden, Donald Trump, Trump, Biden, Kamala Harris teed, Claudia Sheinbaum, Claudia Sheinbaum Pardo, Sheinbaum Organizations: North American Free Trade, Trump, Associated Press Locations: Mexico, Canada, United States

☆ Undersea cable cuts in the Baltic Sea are stoking geopolitical tensions — here's what's going on
▼ + stars: | 2024-11-28 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Mikkel Berg Pedersen | Ritzau Scanpix | Afp via Getty ImagesGeopolitical tensions are brewing globally over the cutting of subsea cables — critical infrastructure powering cross-border internet connectivity — in the Baltic Sea. Zoom In Icon Arrows pointing outwards A data visualization map showing the C-Lion1 undersea cable which connected Finland and Germany. Arelion, the company which owns it, told CNBC data traffic was rerouted to alternative links as it worked to repair the cable. Repairing subsea cables is no mean feat, according to Andy Champagne, senior vice president and chief technology officer of Akamai Labs. And, when there is an issue with a subsea cable, repairing it is a non-trivial job."

Persons: Mikkel Berg Pedersen, Ritzau Scanpix, it's, Andy Champagne, Martin Lee, Lee, Elina Valtonen, CNBC's, Valtonen Organizations: Afp, Getty, CNBC, Cinia, BCS, West, Telia, Akamai Labs, Cisco Locations: Baltic, Finland, Sweden, Ukraine, Russia, Germany, Finnish, Central Europe, Lithuania, West Interlink, Telia Lithuania, China, London

☆ See aboard the USS Beloit, the Navy's new $500 million littoral combat ship upgraded to fight near coastlines
▼ + stars: | 2024-11-28 | by ( Talia Lakritz | Lauren Frias | ) www.businessinsider.com time to read: +1 min

An embattled legacyUS Navy crewmembers boarding USS Beloit at Veterans Park in Milwaukee. Diana SalgadoThe Navy operates two types of littoral combat ships: the Independence-class and the Freedom-class. For example, USS Milwaukee, a $750 million Freedom-class ship, was decommissioned last year after just eight years in service. It's one of about half a dozen littoral combat ships — most being from the Freedom class — that have been pulled from active service. The Navy has since put some of its hopes for the LCS into the new class of frigate in development.

Persons: Cpl, Diana Salgado, Dirk Debbink Organizations: Beloit, Veterans Park, Milwaukee . US Marine Corps, Navy, USS Locations: Milwaukee ., USS Milwaukee, Beloit, China

☆ China’s EV price war is so brutal that BYD is trying to pinch its suppliers
▼ + stars: | 2024-11-28 | by ( Juliana Liu | ) edition.cnn.com time to read: +4 min

“In 2025, while there will be great opportunities in the EV market, market competition will also become more intense, entering a decisive battle and knockout rounds,” he wrote. “Annual price negotiations with suppliers are a common practice in the car industry,” he wrote. It is not mandatory, and everyone can negotiate.”For 15 years, China’s car market has been the world’s biggest. “This means the price war … is really stressing the system,” he said. BYD is China’s top carmaker, commanding 16.2% of the overall vehicle market in the first 10 months of the year, according to the China Passenger Car Association.

Persons: Hong Kong CNN —, Zhiqi, ”, “, Li Yunfei, Tesla, It’s, Bill Russo, “ BYD, Tu, Le Organizations: Hong Kong CNN, “, CNN, Weibo, ”, SAIC Motor, European Union, Trump, Tu Le, Ford, General Motors, China Passenger Car Association, EV Locations: China, Hong Kong, Shenzhen, BYD, Shanghai, Weibo, Chongqing

☆ FTC opens broad antitrust investigation into Microsoft
▼ + stars: | 2024-11-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing businesses, a source familiar with the matter told Reuters Wednesday. The investigation was approved by FTC Chair Lina Khan ahead of her likely departure in January. The FTC fielded such complaints last year as it examined the cloud computing market. The FTC has demanded a broad range of detailed information from Microsoft, Bloomberg reported earlier on Wednesday. In 2019, the Pentagon awarded it a $10 billion cloud computing contract that Amazon had widely been expected to win.

Persons: Lina Khan, Donald Trump, Satya Nadella, Trump, JD Vance Organizations: U.S . Federal Trade Commission, Microsoft, Reuters, NBC News, Republican, FTC, Amazon, Google, European Commission, Bloomberg, Big Tech, Facebook, Meta, Apple, Amazon.com Inc, U.S, Trump, Pentagon, Web Services

Panera Bread has hired a prominent crisis manager while the bakery-café chain navigates ongoing lawsuits over its highly caffeinated Charged Lemonade and plans a long-awaited initial public offering. The confidential settlement was with the family of Sarah Katz, an Ivy League student with a heart condition who died after drinking Charged Lemonade in September 2022. Dispensers for Charged Lemonade at Panera Bread in Walnut Creek, Calif., in 2023. The Charged Lemonade also had guarana extract, another stimulant, as well as the equivalent of nearly 30 teaspoons of sugar in the large size, the court documents added. It also displayed signage in stores cautioning that Charged Lemonade should be consumed in moderation.

Persons: Brooke Buchanan, Buchanan, Panera, Edelman, Elizabeth Holmes, Sarah Katz, Kline, Specter, Elizabeth Crawford, Crawford, Smith, Sen, John McCain Organizations: NBC News, Justice Department, Securities and Exchange Commission, Centers, Medicare, Services, Ivy League, Kline, Getty, Food and Drug Administration, Foods, Whole Foods, Walmart, JCPenney, Red, Street Journal Locations: U.S, Philadelphia, Florida, Walnut Creek, Calif, Missouri, Theranos, New York, Williams, Sonoma

President-elect Donald Trump said Wednesday he will nominate retired Gen. Keith Kellogg to serve as assistant to the president and special envoy for Ukraine and Russia. Together, we will secure PEACE THROUGH STRENGTH, and Make America, and the World, SAFE AGAIN!," Trump said in a statement announcing his decision. Future American military aid, however, will require Ukraine to participate in peace talks with Russia." Trump was accused of withholding aid to Ukraine in an effort to pressure Zelenskyy to investigate Joe Biden and his son Hunter Biden. Vice president-elect JD Vance has also spoken out against Ukraine aid, as has Robert F. Kennedy Jr., Trump's pick to lead the Department of Health and Human Services.

Persons: Donald Trump, Keith Kellogg, Keith, Trump, Kellogg, Fred Fleitz, Vladimir Putin, Putin, Fleitz, Volodymyr Zelensky, Alex Kent, “, Volodymyr Zelenskyy, “ We’re, He’s, we’re, I’ll, Trump's, Joe Biden, Hunter Biden, JD Vance, Robert F, Kennedy Jr, Kennedy, Vance, ” Organizations: Military, Business, Staff, National Security Council, NBC News, Russia, Future, Getty, Trump, Republican, Department of Health, Human Services, NBC, Press, NATO Locations: Ukraine, Russia, Kyiv, U.S, United States, New York City, Georgia, Europe

A national CBS News/YouGov poll conducted last week found that 71% of people plan to avoid political discussions at Thanksgiving. Voss was among the dozens of people on social media who posted videos about how they are opting out of their family Thanksgiving plans. Van Bavel is director of NYU’s Social Identity and Morality Lab, which studies the dynamics of shared social identities. “There’s way more diversity among Republicans than most Democrats believe, and there’s way more diversity among most Democrats than most Republicans believe,” Van Bavel said. Jay Van Bavel, psychology professor at New York University“One of the biggest fears people have is being socially ostracized,” Van Bavel said.

Persons: Donald Trump, it’s, ”, Alexis Voss, Voss, she’s, “, …, Yale, Amanda Calhoun, MSNBC’s Joy Reid, I’m, ’, Jesse Watters, Elon Musk, Jay Van Bavel, Van Bavel, ” Van Bavel, ” Diana Rodriguez Wallach, Kamala Harris, Wallach, Jordan Williams, MAGA, Williams, Scott Walker, Walker, they’re Organizations: Trump, CBS, Fox News, New York University, Democratic, New York University “ One Locations: Ohio, Pennsylvania, Puerto Rican, California, United States

☆ Ohio governor signs bill restricting trans students' school bathroom use
▼ + stars: | 2024-11-27 | by ( Kaitlyn Schwanemann | Kaitlyn Schwanemann Is An Intern For Nbc News. | ) www.nbcnews.com time to read: +5 min

Mike DeWine signed a bill Wednesday banning transgender students from using school restrooms that align with their gender identities. The bill also mandates that Ohio schools cannot have restrooms or locker rooms that are open to all genders, excluding family facilities or single-occupancy facilities. Instead, it will make trans people less safe and fail to increase the safety of all students,” Antonio wrote. Ohio House Republicans attached the legislation about restrooms to proposals regarding report card data for Ohio’s college credit program for high school students. “Extremist politicians are panicking because transgender students exist," Willingham-Jaggers said.

Persons: Mike DeWine, “, ”, Barbara J, DeWine, ” Jocelyn Rosnick, Nickie J, Antonio, ” Antonio, Christian Virtue, David Mahan, Mahan, Melanie Willingham, Willingham, Jaggers Organizations: Gov, Republican, Ohio Gov, USA, Associated Press, American Civil Liberties Union, Democratic, Christian, Senate, Research, Social, Ohio House Republicans Locations: Alabama , Arkansas, Florida , Idaho , Iowa , Kansas , Kentucky, North Dakota , Oklahoma , Tennessee, Utah, Ohio, Columbus

Several of President-elect Donald Trump's planned Cabinet nominees and administration appointees were subjected to bomb threats and "swatting" attacks Tuesday night and Wednesday morning, a spokesperson for the Trump transition team said. These attacks ranged from bomb threats to ‘swatting,’" transition spokeswoman Karoline Leavitt said in a statement. Three senior law enforcement officials briefed on the swatting incident involving multiple Trump allies told NBC News that these were not credible threats. The FBI said in a statement it “is aware of numerous bomb threats and swatting incidents targeting incoming administration nominees and appointees, and we are working with our law enforcement partners. New York State, County law enforcement, and U.S. Capitol Police responded immediately with the highest levels of professionalism."

Persons: Donald Trump's, ‘, Karoline Leavitt, JD Vance, Trump, Elise Stefanik, Stefanik, ”, who've, Jack Smith Organizations: Trump, NBC News, Secret, FBI, United Nations, New, U.S . Capitol Police Locations: Washington, New York State, U.S, New York, Georgia

☆ Renters struggle to build wealth, report finds. Here's how they can boost financial well-being
▼ + stars: | 2024-11-27 | by ( Ana Teresa Solá | Ana Teresa Solá Is A Personal Finance Reporter For Cnbc. | ) www.nbcnews.com time to read: +5 min

But while renters face unique affordability challenges, there are still steps they can take to improve their financial standing. Renters generally face financial challenges such as lower income, higher debt, less savings and lower rates of asset ownership, the report noted. Across income levels, renters are less likely than homeowners to own assets including cars, retirement accounts and securities, among others, the report found. Here are some of the financial challenges renter households in three sample income brackets face, according to the Aspen Institute, and ways they can build wealth. A hypothetical family in this category “first needs financial stability to meet the precondition for wealth building,” the Aspen report said.

Persons: That’s, Janneke Ratcliffe, ”, Ratcliffe, Clifford Cornell, “, ” Cornell, Shaun Williams, ” Williams, Williams, you’re Organizations: Aspen Institute, Urban Institute, Aspen, Paragon Capital Management, Cornell, “ Locations: U.S, Washington ,, New York City, Denver

While richer people are expanding their footprint in the holiday travel mix, lower-paid ones are shrinking theirs: Households making under $50,000 are set to make up just 23% of travelers, down from 28% a year ago, Deloitte found. Indeed, the luxury travel network Virtuoso said it’s seen seasonal bookings surge 37% since last year among its high-end clientele. Some 64% of Americans plan to take more than one trip this holiday season, Deloitte found, up from 57% in 2023. “These travel choices may suggest that people are looking to save money, likely choosing cheaper options to keep their travel costs down,” the researchers wrote. Ted Rossman, senior industry analyst for Bankrate, said there are signs that “inflation continues to strain holiday travelers in a big way.” The consumer finance company found 86% of households making less than $100,000 annually expect to change their holiday travel plans due to cost increases (although a hefty 77% of six-figure earners said the same).

Persons: ”, Kate Ferrara, Jan Freitag, Jonathan Kletzel, Hopper, Misty Belles, they’ll, PwC, Ted Rossman, Bankrate, travers Organizations: Deloitte, “, PricewaterhouseCoopers, Shoppers Locations: Mexico, Caribbean, Europe

☆ Thailand's GDP growth of 3% is 'too low': Bangkok Bank executive
▼ + stars: | 2024-11-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThailand's GDP growth of 3% is 'too low': Bangkok Bank executiveKobsak Pootrakool, Senior Executive Vice President at Bangkok Bank and a former Minister in Thailand, says the country needs to "work harder" to increase economic growth.

Persons: Kobsak Pootrakool Organizations: Bangkok Bank Locations: Thailand

☆ Bangkok Bank executive discusses the country's need for economic restructuring
▼ + stars: | 2024-11-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBangkok Bank executive discusses the country's need for economic restructuringKobsak Pootrakool, Senior Executive Vice President at Bangkok Bank and a former Minister in Thailand, comments on the country's need to pivot for further economic growth.

Organizations: Bangkok Bank Locations: Thailand

☆ Microsoft faces wide-ranging U.S. antitrust probe
▼ + stars: | 2024-11-27 | by ( ) www.cnbc.com time to read: +3 min

The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft , including of its software licensing and cloud computing businesses, a source familiar with the matter said on Wednesday. The probe was approved by FTC Chair Lina Khan ahead of her likely departure in January. The FTC fielded complaints about Microsoft last year as it examined the cloud computing market. Until now, Microsoft has been somewhat of an exception to U.S. antitrust regulators' recent campaign against allegedly anticompetitive practices at Big Tech companies. In 2019, the Pentagon awarded it a $10 billion cloud computing contract that Amazon had widely been expected to win.

Persons: Lina Khan, Donald Trump, Satya Nadella, Trump, JD Vance Organizations: U.S . Federal Trade Commission, Microsoft, Republican, FTC, Amazon, Google, Bloomberg, Big Tech, Facebook, Meta, Apple, Amazon.com Inc, U.S, Trump, Pentagon, Web Services

☆ Get ready to pay more at Chipotle
▼ + stars: | 2024-11-27 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

Chipotle's sales rose 6% last quarter, showing resilience amid fast food price hikes. AdvertisementDespite the potential for higher menu prices, Chipotle remains a better value option for customers than similar alternatives, Rymer said, per the Journal. Inflation has not been kind to fast food prices. AdvertisementUnlike some fast food firms, whose sales have taken a tumble as customers have cut back, Chipotle has shown resilience. Chipotle did not immediately respond to a request for comment from Business Insider, made outside regular working hours.

Persons: Adam Rymer, Chipotle, Rymer, Brian Niccol, Niccol, Scott Boatwright Organizations: Wall Street Journal, Wall, Starbucks, McDonald's, KFC, Revenue, Business Locations: Chipotle, Olive

☆ Generative AI's hype has yet to lead to a must-have gadget for the holiday season
▼ + stars: | 2024-11-27 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Generative artificial intelligence has taken Silicon Valley by storm since the launch of OpenAI's ChatGPT chatbot in November 2022. There was a lot of optimism over the potential of GenAI gadgets at the CES trade show in January, said Paul Gagnon, vice president for analyst firm Circana. Additionally, consumers may find current GenAI devices too expensive, and they may be confused about what the devices can actually do, he said. The reality is that while GenAI has captivated Silicon Valley, it's still "inning zero" in regard to widespread adoption, Bajarin said. Despite Silicon Valley not having a breakout year for GenAI hardware, here are a few GenAI devices early adopters can buy.

Persons: chatbot, Paul Gagnon, Gagnon, we've, — there's, hasn't, Ben Bajarin, Ray, Bajarin, Ryan Reith, Reith, GenAI, Steve Koenig Organizations: Nvidia, CES, Creative, Microsoft, Apple, Intel, Dell, Lenovo, IDC, Consumer Technology Association Locations: Silicon

☆ Mexico vows to retaliate with its own trade barriers, putting US joint ventures at risk
▼ + stars: | 2024-11-27 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

AdvertisementDonald Trump said he'd put in place 25% tariffs on Mexican imports on his first day back in the White House. Mexico's president said her country would retaliate, which she said would impact joint ventures. During a press conference on Tuesday, Sheinbaum said that "one tariff will be followed by another, and so on, until we put joint ventures at risk." Sheinbaum said, adding that tariffs "would trigger inflation and job losses in the US and Mexico." Meanwhile, President Sheinbaum said that "dialogue is the best path to achieve understanding, peace, and prosperity for our two countries."

Persons: Donald Trump, he'd, Claudia Sheinbaum Pardo, Trump, Sheinbaum, Gabriela Siller, Wendy Cutler, Derek Scissors, Scott Bessent Organizations: Biden, Motors, Ford Motor Company, Banco Base, Associated Press, Asia Society Policy Institute, Trump, American Enterprise Institute Locations: Mexico, Canada, China

☆ Analyst says Trump tariffs on China, Mexico and Canada could lead to a trade war 'spiral'
▼ + stars: | 2024-11-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst says Trump tariffs on China, Mexico and Canada could lead to a trade war 'spiral'Wendy Cutler, vice president and managing director at the Asia Society Policy Institute, discusses U.S. President-elect Donald Trump's plan to impose tariffs on products from Canada, Mexico and China.

Persons: Wendy Cutler, Donald Trump's Organizations: Asia Society Policy Institute Locations: China, Mexico, Canada

☆ What’s a Democratic Billionaire to Do Now?
▼ + stars: | 2024-11-27 | by ( Theodore Schleifer | ) www.nytimes.com time to read: +1 min

In the weeks after Election Day, one of the biggest donors in the Democratic Party, the LinkedIn co-founder Reid Hoffman, has considered what would once have been unthinkable for a billionaire who often talks about his patriotism. Leaving the United States. Mr. Hoffman, who has spent hundreds of millions of dollars on politics over the last few years, has told friends and allies that he is weighing a move overseas, according to three people with knowledge of the talks who insisted on anonymity to discuss private conversations. Mr. Hoffman, who declined to comment through a spokeswoman, has helped pay for some of the most aggressive private litigation against Donald J. Trump, and he is worried about retribution from a president who has promised to go after his political opponents, including major Democratic donors. While Mr. Hoffman’s reaction is dramatic — and it’s unclear how much moving abroad would protect him or his assets from Mr. Trump’s wrath — he is hardly alone in a liberal big-money world still stunned by Vice President Kamala Harris’s defeat.

Persons: Reid Hoffman, Hoffman, Donald J, Trump, Kamala Harris’s Organizations: Democratic Party, LinkedIn Locations: United States

☆ Kamala Harris' team wanted her to go on 'Hot Ones.' The show said no.
▼ + stars: | 2024-11-27 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

AdvertisementKamala Harris' campaign sought an appearance on "Hot Ones," but the show declined. Harris campaign officials said "Hot Ones" didn't want to delve into politics. Vice President Kamala Harris' campaign wanted her to appear on the popular internet show "Hot Ones," but the show declined, campaign officials said. He asked why that may not have happened, citing "Hot Ones" as an ideal fit for the vice president. Advertisement"Never in time has there been a candidate better suited for a podcast than Kamala Harris on 'Hot Ones,'" he said.

Persons: Kamala Harris, Harris, Dan Pfeiffer, Jen O'Malley Dillon, Walz, Quentin Fulks, Stephanie Cutter, David Plouffe, Pfeiffer, Barack Obama, Bowen Yang, Paul Mescal, Jimmy Fallon, Donald Trump, Joe Rogan, Trump, Rogan, Plouffe Organizations: Democratic, Republicans, BuzzFeed Locations: Texas, Austin

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