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☆ Hunter Biden was always doomed to lose his trial. His best bet is appealing a 'vindictive prosecution.'
▼ + stars: | 2024-06-11 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

Related VideoIn his opening statement at the trial, Biden's lawyer Abbe Lowell urged jurors in the Wilmington, Delaware, federal court to acquit his client. "They know how to put on a tight gun case." Biden's trial was not necessarily a lost cause. Hunter Biden's lawyers have argued this arrangement has perversely allowed Weiss to politicize the proceedings unchecked. This story was updated following the jury verdict in Hunter Biden's gun trial.

Persons: —, Hunter Biden, Biden, Abbe Lowell, Prosecutors, Sarah Krissoff, didn't, Maryellen Noreika, Donald Trump, Lowell, Jared Kushner, Sen, Robert Menendez, John Edwards —, Joe Biden, ROBERTO SCHMIDT, David Weiss, General Merrick Garland, Weiss, Hunter Biden's, Noreika, Trump, Republicans gloated, Hallie Biden, Cozen O'Connor, Duncan Levin, Levin, He's, Krissoff, Evelyn Hockstein, Neama Rahmani, Rahmani Organizations: Service, Business, Alcohol, Tobacco, Firearms, Explosives, AFP, Getty, Trump, Justice, Republicans, Biden's, US, BI, Republican, U.S, U.S . Department of Justice, Hill, REUTERS, Justice Department, West, Creative Locations: Wilmington , Delaware, Manhattan, Delaware, California, New York, Texas

☆ Joe Biden’s agonizing wait as a jury deliberates his son’s fate
▼ + stars: | 2024-06-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

The Hunter Biden and Trump cases are vastly different, as is the way the former and current first families have responded to the trials. This is especially significant since Hunter Biden could face up to 25 years in prison if convicted, although a sentence for a first-time offender is unlikely to be that severe. The Hunter Biden trial is the latest cruel twist in the story of a family that has endured more tragedies than most could bear. The infringements on the Biden family’s dignity and privacy cut deep during the trial, which saw discomforting testimony about Hunter Biden’s former cocaine addiction. Media organizations, meanwhile, played an excerpt from Hunter Biden’s audio book that chronicles his spiral into addiction that was used in the prosecution case.

Persons: CNN —, Donald Trump, Joe Biden, Hunter, Trump, Hunter Biden, He’s, Nelson Mandela, WITCH HUNT, ” Trump, Eric, Donald Jr, Mike Johnson —, GOP nominee’s, Melania Trump, Biden, Jill Biden, Leo Wise, “, ” Wise, ”, —, Beau, It’s, Bill Clinton, Roger Clinton, Billy Carter, Jimmy Carter, Beau Biden’s, Hallie, Naomi, “ I’m, Attorney Alvin Bragg, Biden’s, General Merrick Garland, David Weiss, Wise, Joe Organizations: CNN, Biden, Trump, ABC, GOP, Media, Manhattan, Attorney, Republicans Locations: York, Wilmington , Delaware, New York, American, Wilmington, France, Europe, there’s, Mar, Georgia —, Ukraine, China

☆ Marjorie Taylor Greene creates headaches for House GOP as leaders weigh how much attention to give the Trump loyalist
▼ + stars: | 2024-06-11 | by ( Melanie Zanona | Annie Grayer | ) edition.cnn.com time to read: +10 min

And I’m not leaving,” Greene told CNN of what she relayed to Comer, a Kentucky Republican. GOP Rep. Don Bacon of Nebraska framed the internal debate over how to handle Greene in familial terms: “You can only do so much. The American people don’t give a sh*t,” Greene told CNN last week after her meeting with Johnson. It’s not the first time Greene has tried the unpopular move of undermining the committee process and House GOP leadership. “I don’t think that you cure one hasty ill-advised action with another,” GOP Rep. Nick LaLota of New York said of Greene’s proposals.

Persons: Marjorie Taylor Greene, Kevin McCarthy, Mike Johnson, Greene, Johnson, Georgia Republican —, —, Donald Trump’s, Joe Biden, of Justice —, Carlos Giménez, MAGA, General Merrick Garland, Jasmine Crockett’s, James Comer, “, ” Greene, Comer, ”, Lauren Boebert, Bob Good, Ron DeSantis, “ I’ve, “ I’m, Ralph Norman of South, McCarthy, Don Bacon of Nebraska, Trump, Biden, It’s, Alejandro Mayorkas, impeaching, impeaching Biden, Nick LaLota, ” Johnson, Anthony Fauci, Brad Wenstrup, Wenstrup Organizations: CNN, GOP, Republican, Georgia Republican, Caucus, GOP Conference, of Justice, Republicans, Trump, Democratic Rep, Kentucky Republican, Florida Gov, Ralph Norman of South Carolina, impeaching Department of Homeland, Democratic, Justice Department, Ohio Republican Locations: Florida, Las Vegas, Kentucky, Colorado, Virginia, “, MAGA, New York

☆ Opinion: Why Hunter Biden should have just pleaded guilty
▼ + stars: | 2024-06-11 | by ( Opinion Dennis Aftergut | ) edition.cnn.com time to read: +8 min

Hunter Biden was charged in September with three counts related to his purchase and possession of a firearm while using illegal drugs. Of course, Hunter Biden had the right to go to trial; it was his liberty at risk. Hallie Biden is the widow of Beau Biden, Hunter’s deceased brother. Testifying about intimate family matters must have been an enormous emotional trauma for her, as well as for Hunter Biden and his family. President Biden told ABC News before the verdict that he would accept the jurors’ decision, whatever it was.

Persons: Dennis Aftergut, Hunter Biden’s, Hunter‘s, Joe Biden, Hunter Biden, Hunter, Abbe Lowell, “, ” Lowell, Maryellen Noreika, David Weiss, indicting, Weiss, General Merrick Garland, Weiss upping, Noreika, Kathleen Buhle, Hallie Biden, Beau Biden, Hunter’s, he’s, Biden, MAGA narrative’s, —, Donald Trump’s, Stormy Daniels, MAGA Organizations: Defending American Democracy, CNN, of Justice, Colt, Alcohol, Tobacco, Firearms, Explosives, US, MAGA, Republicans, Department of Justice, Twitter, Facebook, ABC News Locations: Delaware

☆ Violent crime is down and the US murder rate is plunging, FBI statistics show
▼ + stars: | 2024-06-10 | by ( Josh Campbell | Devan Cole | ) edition.cnn.com time to read: +4 min

CNN —Violent crime dropped by more than 15% in the United States during the first three months of 2024, according to statistics released Monday by the FBI. The new numbers show violent crime from January to March dropped 15.2% compared to the same period in 2023, while murders fell 26.4% and reported rapes decreased by 25.7%. In a statement Monday, Attorney General Merrick Garland stressed the new data “makes clear that last year’s historic decline in violent crime is continuing.”“This continued historic decline in homicides does not represent abstract statistics. US murder rate plungesThe new FBI figures validate a trend identified by some national crime experts: The US murder rate continues to drop at a high rate and could be headed for its largest annual decline ever. ‘Interrupting cycles of violence’The US murder rate has declined since 2020, when the Covid-19 pandemic brought with it a surge in homicides across the country.

Persons: General Merrick Garland, ” Garland, ”, Jeff Asher, “, Asher, ‘, It’s, CNN’s Eric Levenson, Mark Morales Organizations: CNN, FBI Locations: United States, New Orleans, Seattle, Boston, Baltimore, Philadelphia

☆ Hunter Biden may be doomed to lose his trial. His best bet is appealing a 'vindictive prosecution.'
▼ + stars: | 2024-06-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

"They know how to put on a tight gun case." Biden's trial is not necessarily a lost cause. This arrangement has perversely allowed Weiss to politicize the proceedings unchecked, Hunter Biden's lawyers argued. There's no evidence that Biden even loaded or used the gun before his brother's widow, Hallie Biden, threw it out. "Obviously, the conduct that the government ought to be addressing is whether somebody is on drugs and high while they're shooting a gun," Levin said.

Persons: —, Hunter Biden, Abbe Lowell, Prosecutors, Biden, Sarah Krissoff, didn't, Maryellen Noreika, Donald Trump, Lowell, Jared Kushner, Sens, Robert Menendez, John Edwards —, Joe Biden, ROBERTO SCHMIDT, David Weiss, General Merrick Garland, Weiss, Hunter, Noreika, Trump, Republicans gloated, Hallie Biden, Cozen O'Connor, Hunter Biden's, Duncan Levin, Levin, He's, Krissoff, Evelyn Hockstein, Neama Rahmani, Rahmani, there's Organizations: Service, Business, Alcohol, Tobacco, Firearms, Explosives, AFP, Getty, Republicans, US Justice Department, Republican, U.S, U.S . Department of Justice, Hill, REUTERS, Justice Department, West, Creative Locations: Wilmington , Delaware, Manhattan, Delaware, California, New York, Texas

Hunter Biden, son of U.S. President Joe Biden, arrives at the federal court on the opening day of his trial on criminal gun charges in Wilmington, Delaware, U.S., June 3, 2024. Top House Republicans on Wednesday sent criminal referrals to the Justice Department recommending President Joe Biden's son Hunter Biden and brother James Biden be charged with making false statements to Congress. In his prepared opening statement at the deposition, Hunter Biden pushed back at the basis of the committee's impeachment inquiry. NBC News has reached out to the Justice Department and a representative of James Biden for comment. Hunter Biden and his attorney were in court in Wilmington and could not immediately be reached.

Persons: Hunter Biden, Joe Biden, James Comer, Jim Jordan, Jason Smith, Hunter, James Biden, Donald Trump, General Merrick Garland, David Weiss, Weiss, Joe Biden's, Robert K, Hur, Mike Johnson, Biden, he'd, Hunter Biden's, Tony Bobulinski, Abbe Lowell Organizations: Committee, Top, Republicans, Wednesday, Justice Department, Rep, GOP, NBC Locations: Wilmington , Delaware, U.S, Ohio, New York, Delaware, Washington ,, Wilmington

☆ Attorney General Merrick Garland fires back at House GOP contempt threat: 'I will not be intimidated'
▼ + stars: | 2024-06-04 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

U.S. Attorney General Merrick Garland testifies before the House Judiciary Committee in Washington, June 4, 2024. Attorney General Merrick Garland on Tuesday hit back at House Republicans threatening to hold him in contempt, calling their efforts part of a wave of "unprecedented and unfounded" attacks against the Department of Justice. "I will not be intimidated," Garland said in his testimony at the start of a hearing before the Republican-led House Judiciary Committee. The Judiciary panel's hearing Tuesday morning was billed as an examination of how the DOJ under Garland has become "politicized and weaponized." "Guys, I'm starting to think you're in a cult," Rep. Eric Swalwell, D-Calif., told the committee's Republicans at one point.

Persons: General Merrick Garland, Garland, Donald Trump, Joe Biden's, Robert Hur, Hur, Biden, Barack Obama, there's, Jim Jordan, Madeleine Dean, I'm, Dean, Eric Swalwell, Adam Schiff, Samuel Alito Organizations: House Republicans, Department of Justice, Republican, Committee, Justice Department, Republicans, Democratic, GOP, Trump Locations: Washington, New York, Ohio, York

Washington CNN —Attorney General Merrick Garland appeared defiant Tuesday as he spent hours fielding questions from lawmakers on a range of topics, occasionally sparring with Republican House members seeking to use his testimony to attack the Justice Department. “These repeated attacks on the Justice Department are unprecedented, and they are unfounded,” he told lawmakers. “I will not be intimidated, and the Justice Department will not be intimidated. “It is not the fault of the Department of Justice that Donald Trump has surrounded himself with criminals,” Lieu said. “Trump brought that upon himself.”Lieu also noted that President Biden’s son Hunter is being prosecuted “in federal court right now” by Garland’s Justice Department.

Persons: General Merrick Garland, Garland, Donald Trump, Hunter Biden, Garland’s, Joe Biden’s, Robert Hur, ” Garland, lobbed, ”, “, Biden, Trump, Jack Smith’s, Jim Jordan, Jack Smith, Smith, Jordan, Hunter Biden’s, Ben Cline, Cline, Ted Lieu, Paul Manafort, Rick Gates, George Papadopoulos, Michael Cohen, Roger Stone, Elliott Broidy –, ” Lieu, “ Trump, Biden’s, Hunter Organizations: Washington CNN, Republican, Justice Department, GOP, Department, DOJ, CNN, Manhattan District, Republicans, Trump, Manhattan District Attorney, Justice, Ohio Republican, White House, Democratic, Department of Justice, Garland’s Justice Department Locations: New York, York, Washington ,, Florida, Delaware, Trump

☆ Judge Cannon expands hearing on Trump’s request to declare special counsel’s appointment invalid
▼ + stars: | 2024-06-04 | by ( Dan Berman | Katelyn | ) edition.cnn.com time to read: +6 min

Cannon is planning on holding a sprawling hearing on Trump’s request to declare Jack Smith’s appointment as special counsel invalid, signaling she could be more willing than any other trial judge to veto the special prosecutor’s authority. Wednesday, Cannon went further, adding a hearing on a gag order request from prosecutors to limit Trump’s rhetoric about law enforcement and allotting more time to hear arguments on the special counsel issue. Cannon’s signal of willingness to entertain challenges to the special counsel comes in the same week Republicans are bearing down on Attorney General Merrick Garland for his use of special counsels. A third group says the Department of Justice’s use of a special counsel should be upheld. Cannon still agreed to the hearing Trump wanted.

Persons: Aileen Cannon, Donald Trump’s, Cannon, Jack Smith’s, It’s, –, Trump, Evan Corcoran, Hunter, didn’t, Paul Manafort’s, Robert Mueller’s, Andrew Miller, Roger Stone, General Merrick Garland, David Weiss, Hunter Biden, – Cannon, ” Bradley Moss, Edwin Meese, Michael Mukasey, Meese, Mukasey, ’ Organizations: CNN, FBI, Trump, Southern District of, Justice Department, Republican Locations: Los Angeles and Delaware, Southern District, Southern District of Florida, Delaware, Washington ,

☆ Why Biden’s escalation on Trump guilty verdict is so significant
▼ + stars: | 2024-06-04 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Other Trump cases are in suspended animationTwo federal cases against Trump, in which he’s also pleaded not guilty, are in a holding pattern. At the same time, multiple disputes in pre-trial motions have put the looming federal trial in Florida over Trump’s alleged mishandling of classified documents into suspended animation. But if Trump wins, he could appoint an attorney general who could halt the federal cases in their tracks. Garland is also likely to face scrutiny over the Hunter Biden trial. Republicans celebrated when a plea deal, which they saw as “sweetheart” treatment for Hunter Biden, collapsed in court.

Persons: Joe Biden’s, Donald Trump, ”, ” Biden, Hunter, Biden, Trump, Fani Willis, —, ’, Willis, he’s, Jack Smith’s, Aileen Cannon, Ty Cobb, CNN’s Erin Burnett, “, it’s, ” Cobb, Cobb, Hunter Biden, who’s, marveling, Joe Biden, Biden’s, Juan Merchan, “ I’m, Adam Schiff, Kasie Hunt, General Merrick Garland, Garland, Robert Hur’s, New Jersey Democratic Sen, Robert Menendez Organizations: CNN, Republican, Democratic, Republicans, Trump, Georgia, US, Department, Trump White House, Fox News, Capitol, California Democrat, House Republicans, New Jersey Democratic Locations: Connecticut, New York, Georgia, Fulton County, Florida, York, Delaware, Trump, “ State, California, Washington

☆ Analysis: Another trial, this one of Biden’s son, will deepen the election’s legal entanglement
▼ + stars: | 2024-06-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Four days after presumptive GOP nominee Donald Trump was convicted on 34 counts in his hush money trial in New York, President Joe Biden’s son Hunter will be called to answer for federal gun charges in Wilmington, Delaware. But a CBS/YouGov poll released Sunday showed that Americans believe 57% to 43% that the Manhattan jury reached the right verdict. His inflammatory remarks did not reflect the fact that his refusal to accept his 2020 election loss and his demagoguery are far more reflective of developing-world banana republics than a fair jury trial. Hunter Biden is entitled to the same presumption of innocence and a trial by a jury of his peers that Trump was. “I’d rather be on President Biden’s side of that contrast than on the extreme MAGA Republican side,” he said.

Persons: Donald Trump, Joe Biden’s, Hunter, It’s, Trump, Stormy Daniels, Biden, —, ”, “ It’s, We’ve, Lara Trump, CNN’s Kasie, it’s, Adam Schiff, ” Schiff, don’t, ” Biden, Robert Menendez, Hunter Biden, David Weiss, General Merrick Garland, Roe, Wade, Chuck Schumer, “ Donald Trump, ” Schumer, Hakeem Jeffries, ” Jeffries, Jeffries, Biden’s, “, Joe Biden, Sen, Tom Cotton, we’ve, quagmire Organizations: CNN, Israel, Republicans, Trump, Republican National Committee, CBS, Manhattan, Republican National Convention, Fox News, RNC, California, Senate, GOP, Justice Department, Democratic, Robert Menendez of New, Democratic National Committee, Texas Supreme, Court, New York, MAGA Republicans, New York Democrat, Press, Democrats, Republican, NBC, Arkansas Republican Locations: New York, Wilmington , Delaware, South, “ State, America, United States, Robert Menendez of, Robert Menendez of New Jersey, Rehoboth Beach , Delaware, Beverly Hills , California, Nevada

☆ Inflation seems to be cooling again. Americans aren’t buying it
▼ + stars: | 2024-05-31 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

A slew of big-box retailers have lowered prices on items in recent weeks, citing moderating inflation and frugal customers. Recent economic data has also suggested that inflation is cooling, after data earlier this year spurred fears that progress had stalled. Yet Americans don’t seem convinced that inflation is moderating or that the economy is as healthy as indicators suggest. Mortgage rates have declined in recent weeks but remain near 7%. Target announced plans to cut prices on thousands of consumer basics as inflation cuts into household budgets.

Persons: aren’t, Charles Schwab’s, ”, James Kostulias, Charles Schwab, Joe Raedle, Jerome Powell, Powell, Neel Kashkari, “ I’m, Schumer, Chuck Schumer, General Merrick Garland, “, Elizabeth Warren, Amy Klobuchar, Bernie Sanders, Dick Durbin, Scott Sheffield, Read, Matt Egan, Mat Ishbia, homebuyers, refinances Organizations: CNN Business, Bell, New York CNN, Walmart, Target, Ikea, Aldi, CPI, “ Traders, Minneapolis Federal, CNBC, Democrats, Justice Department, Oil, Big Oil, DOJ, Big, Federal Trade Commission, United Wholesale Mortgage, Phoenix Suns NBA Locations: New York, Miami , Florida, Minneapolis, Texas, Sens

☆ False right-wing reports about Trump trial jury instructions fuel threats against judge
▼ + stars: | 2024-05-30 | by ( Ryan J. Reilly | ) www.cnbc.com time to read: +4 min

False reports about the jury instructions in former President Donald Trump's hush money trial have been spreading across right-wing media, leading to threats against the judge overseeing the case. Those "unlawful means" aren't charges themselves and would not result in separate convictions, so jurors do not have to unanimously agree on them. The jury instruction was complex and nuanced and some right-wing accounts ran with false reports. On X, after a right-wing influencer asked followers who among them wanted to see Merchan locked up for treason. In August, Trump supporters posted the names and addresses of the Fulton County grand jurors who indicted Trump and 18 of his co-defendants.

Persons: Juan Merchan, Donald Trump's, Stormy Daniels, Donald, Trump, That's, Merchan, influencer, Alice, Wonderland, Rickey Walter Shiffer, Trump's, Joe Biden, General Merrick Garland, Biden Organizations: Republican, Fox News, Federal, System, Democratic Socialist Elites, Fox, Trump, FBI Locations: Manhattan, New York City, U.S, Fulton, Cincinnati

☆ Schumer and Senate Democrats call for Justice Department to probe Big Oil for alleged collusion
▼ + stars: | 2024-05-30 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —Senate Majority Leader Chuck Schumer and nearly two dozen Democrats pressed the Justice Department on Thursday to launch an industry-wide investigation into Big Oil for alleged collusion and price fixing. The lawmakers urged the DOJ to investigate the oil industry, “hold accountable any liable actors” and halt illegal activity. Last week, congressional Democrats launched an investigation into whether other US oil companies colluded with each other and OPEC. Regulators cited hundreds of text messages Sheffield exchanged with OPEC officials discussing pricing, production and oil market dynamics. “The strategy appears to have worked,” Schumer and his colleagues wrote to the DOJ.

Persons: Chuck Schumer, General Merrick Garland, Schumer, “, ”, Elizabeth Warren, Amy Klobuchar, Bernie Sanders, Dick Durbin, Scott Sheffield, Sheffield “, ” Schumer, Sherman, Sheffield, ” Sheffield Organizations: CNN, Justice Department, Big Oil, Democrats, DOJ, Big, Federal Trade Commission, FTC, Sheffield, Pioneer Natural Resources, OPEC, Pioneer Locations: Texas, Sens

☆ Prosecutors ask judge in classified documents case to block Trump from statements endangering law enforcement
▼ + stars: | 2024-05-25 | by ( Zoe Richards | ) www.cnbc.com time to read: +4 min

Prosecutors in Donald Trump's classified documents case in Florida asked a federal judge on Friday to block the former president from making public statements that pose "a significant, imminent, and foreseeable danger to law enforcement agents" investigating and prosecuting the case. The Trump campaign also claimed in a fundraising email that President Joe Biden was "locked & loaded ready to take me out" during a search of his Mar-a-Lago property for classified documents. In making the allegations, Trump and his campaign appeared to be citing recently unsealed court filings related to the 2022 search. In making the request, prosecutors are asking for Trump to face higher stakes if he makes statements that the court finds endangers law enforcement. "Repeated attempts to silence President Trump during the presidential campaign are blatant attempts to interfere in the election," campaign spokesperson Steven Cheung wrote.

Persons: Donald Trump, Donald Trump's, Aileen Cannon, Biden, Trump, Joe Biden, Jack Smith's, Trump's, Steven Cheung, Merrick Garland Organizations: Manhattan, New York City, Prosecutors, Department of, Secret Service, FBI, Attorneys, Trump, Democrat, Mar Locations: New York, Florida, Lago, New Jersey, Palm Beach , Florida

☆ El Nini: Top Mexican cartel criminal, once among America’s most wanted, extradited to the US
▼ + stars: | 2024-05-25 | by ( Lauren Koenig | Priscilla Alvarez | ) edition.cnn.com time to read: +2 min

CNN —A top Mexican cartel member known as ‘El Nini,’ who was one of America’s most-wanted criminals for his alleged role in the fentanyl trade, has been extradited to the United States. Biden has previously described El Nini as one of America’s most-wanted criminals. The US State Department offered a reward of up to $3 million for information leading to his arrest and he was detained in Mexico in November of last year. The State Department also said Pérez Salas was responsible for the security apparatus of Los Chapitos, a faction of the Sinaloa cartel. “I am grateful to our Mexican government counterparts for their extraordinary efforts in apprehending and extraditing El Nini,” US Attorney General Merrick Garland’s office said in a statement.

Persons: El, ’, Joe Biden, El Nini –, Néstor Isidro Pérez Salas –, ” “ El Nini, ” Biden, Andres Manuel Lopez Obrador, Néstor Isidro Pérez Salas “, ”, Biden, El Nini, Pérez Salas, Oscar Noé Medina González, Iván Archivaldo Guzmán Salazar, Joaquín, Guzmán, “, extraditing El, General Merrick Garland’s, ” CNN’s Evan Perez, Zoe Sottile Organizations: CNN, Saturday, United, US Department of Justice, US State Department, State Department, The State Department, Department Locations: United States, Mexico, Sinaloa

☆ Special counsel asks judge for gag order in Trump classified documents case
▼ + stars: | 2024-05-24 | by ( Katelyn | ) edition.cnn.com time to read: +7 min

CNN —Special counsel’s office prosecutors on Friday asked a federal judge in Florida to place a gag order on Donald Trump that would limit his ability to comment about law enforcement that searched his Mar-a-Lago resort. The same standard FBI policy was used in the searches of President Joe Biden’s homes and offices in a separate classified documents investigation. The prosecutors say the gag order is needed to protect the integrity of the criminal case and law enforcement officers associated with it. Prosecutors noted that Trump has been amplifying accusations about the FBI in the search on his Truth Social account Friday. In a notably direct pushback to Trump, Attorney General Merrick Garland on Thursday addressed the claims that Trump has made about the FBI search at Mar-a-Lago.

Persons: Donald Trump, Trump, Joe Biden’s, Jack Smith, Aileen Cannon, Cannon, “ Trump‘s, ”, Trump’s, “, Steven Cheung, Biden, General Merrick Garland, ” Garland, Biden’s Organizations: CNN, FBI, Prosecutors, Secret Service, Trump, Mar, Justice Department Locations: Florida, Lago, Mar, Washington, Trump, Cincinnati, New York, DC

☆ CNBC Daily Open: Dow sinks 600 points, Nvidia soars
▼ + stars: | 2024-05-24 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Dow sinks 600 pointsThe Dow Jones Industrial Average suffered its worst day of the year, dropping over 600 points on Thursday. Nvidia's blockbuster earnings and guidance failed to prop up markets, with more than 400 stocks on the S&P 500 trading lower. Nvidia popsShares of Nvidia soared as much as 11% after the AI chipmaker's earnings that beat Wall Street's estimates. Wall Street analysts are revising their price targets for Nvidia upwards after its blowout earnings and guidance.

Persons: Jensen Huang, Dow, Musk, Elon Musk, he's, Joe Biden, Tesla, Karen Tso, Brian West, General Merrick Garland Organizations: SAP Center, CNBC, Dow Jones, Boeing, Dow, Nasdaq, Treasury, Nvidia, U.S . Department of Justice, Ticketmaster, Wall, Microsoft Locations: San Jose , California, China

☆ If Live Nation gets busted up by the feds, we’ll have Taylor Swift to thank
▼ + stars: | 2024-05-24 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

“It is time to break it up.”It is difficult to overstate just how thoroughly Live Nation, which acquired Ticketmaster more than a decade ago, controls live entertainment in America. Through Ticketmaster, Live Nation controls 80% of venues’ primary ticketing for concerts. There’s a fine line between vertical integration and all-out monopoly, and Live Nation is, at minimum, very clearly toeing it. Artists, fans and venues have been complaining about Live Nation and Ticketmaster pretty much since they agreed to merge in 2009. Live Nation, Wolfson said, is likely to come out swinging.

Persons: CNN Business ’, Caitlin Clark, wasn’t, General Merrick Garland, Swift, Taylor, Sen, Richard Blumenthal, Garland, Swiftie, ” Adam Wolfson, Quinn Emanuel, Eventbrite, Wolfson, … we’re, there’s Organizations: CNN Business, New York CNN, Justice Department, Ticketmaster, DOJ, Artists, Senate, Democrats Locations: New York, United States, America, North America, “

☆ The Taylor Swift Ticketmaster fiasco comes full circle as DOJ slams parent company with lawsuit
▼ + stars: | 2024-05-23 | by ( Katie Balevic | Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Over a year after Ticketmaster crashed, preventing rabid Taylor Swift fans from purchasing tickets to her concert tour, the DOJ has announced an antitrust lawsuit against Ticketmaster's parent company, Live Nation Entertainment. Advertisement"This has given Live Nation and Ticketmaster the opportunity to freeze innovation and bend the industry to their own benefit. The lawsuit comes after Ticketmaster fumbled a pre-sale event in late 2022 for Taylor Swift's Eras Tour as fans competed with bots for a limited number of tickets. AdvertisementIn response to the antitrust suit, Live Nation said that "calling Ticketmaster a monopoly may be a PR win for the DOJ in the short term, but it will lose in court."

Persons: —, Taylor Swift, Merrick Garland, Taylor, Swift Organizations: Service, Ticketmaster, DOJ, Entertainment, Business, Justice Department, Department

The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations. "The DOJ's complaint attempts to portray Live Nation and Ticketmaster as the cause of fan frustration with the live entertainment industry. Live Nation and Ticketmaster merged in 2010, creating a dominant entity in the live event industry. Through Ticketmaster, Live Nation controls roughly 80% or more of major concert venues' primary ticketing for concerts, the complaint said. Live Nation earlier this month reported its "biggest Q1 ever," citing first-quarter revenue that was up 21% from the prior-year period.

Persons: Taylor, General Merrick Garland, Dan Wall, Taylor Swift Organizations: U.S . Department of Justice, Ticketmaster, DOJ, The Justice Department, Southern, of, Oak View, Nation, Live Locations: United States, North America, U.S, of New York

☆ What the major Ticketmaster lawsuit means for you
▼ + stars: | 2024-05-23 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

But the Department of Justice says those complaints are just the symptom of a more fundamental problem with Live Nation. Live Nation, for its part, says even if the lawsuit succeeds, it won’t lead to cheaper ticket prices. An uncertain path forwardTo fix the issue, regulators say Live Nation must be broken up. But based on past criticism of Live Nation, one possible outcome at a minimum could be a spinoff of Ticketmaster. Better customer serviceComplaints about Ticketmaster and Live Nation are nothing new.

Persons: “, ”, General Merrick Garland, General Merrick Garland Kent Nishimura, haven’t, Taylor Swift, Swift Organizations: CNN, Ticketmaster, of Justice, U.S, Antitrust, Justice, “, DOJ, Consumer, Nation Locations: New York

☆ Live Nation, Ticketmaster’s parent company, sued in groundbreaking monopoly lawsuit
▼ + stars: | 2024-05-23 | by ( Brian Fung | Hannah Rabinowitz | ) edition.cnn.com time to read: +6 min

Washington CNN —The US government and dozens of states sued Live Nation in a groundbreaking antitrust lawsuit on Thursday, alleging that for years the parent company of Ticketmaster abused its industry dominance to harm concertgoers nationwide. It is time to break up Live Nation-Ticketmaster.”In a statement, Live Nation called the DOJ’s allegations “baseless.”“The DOJ’s lawsuit won’t solve the issues fans care about relating to ticket prices, service fees, and access to in-demand shows,” Live Nation said in a statement. The lawsuit highlights how regulators now believe, more than a decade on, that the behavioral modifications Live Nation agreed to have failed. According to the lawsuit, Live Nation directly manages more than 400 artists, controls around 60% of concert promotions at major concert venues across the country, and controls more than 265 concert venues in North America. And through Ticketmaster, the suit says, Live Nation controls roughly 80% or more of major concert venues’ primary ticketing for concerts.

Persons: Taylor Swift’s, ”, General Merrick Garland, Swift, Robert Smith, Zach Bryan, Minnesota Democratic Sen, Amy Klobuchar, Connecticut Democratic Sen, Richard Blumenthal, Klobuchar, Blumenthal, John Cornyn, Ted Cruz, Biden, ramping Organizations: Washington CNN, Ticketmaster, Justice Department, Prosecutors, ”, “, DOJ, Regulators, Minnesota Democratic, Connecticut Democratic, Texas Republican, District of Columbia, Court, Southern, of Locations: New York, United States, Texas Republican Sens, North America, Arizona , Arkansas , California , Colorado , Connecticut, Florida , Illinois, Maryland , Massachusetts, Michigan, Minnesota , Nevada , New Hampshire , New Jersey , New York, North Carolina , Ohio , Oklahoma , Oregon , Pennsylvania, Rhode Island , South Carolina , Tennessee , Texas, Virginia, Washington, West Virginia , Wisconsin , Wyoming, of New York

☆ Hunter Biden tries again to delay gun trial two weeks before start date
▼ + stars: | 2024-05-20 | by ( Marshall Cohen | ) edition.cnn.com time to read: +6 min

CNN —Hunter Biden is once again trying to delay his fast-approaching trial on felony gun charges, which is scheduled to begin in two weeks. In addition to the gun case, Biden is facing a federal tax indictment in California. He is also pursuing appeals in that case and trying to delay that trial, which is scheduled to begin in late June after the expected conclusion of the gun trial. The saga put President Biden in an uncomfortable spot, and he publicly acknowledged his granddaughter for the first time last summer. In addition, they want to ask whether potential jurors have ever bought a gun and how they feel about various restrictions on gun possession.

Persons: CNN — Hunter Biden, –, he’s, Robert Hunter Biden, Biden, David Weiss, Joe Biden’s, Weiss, General Merrick Garland, Hunter Biden, ”, Maryellen Noreika, Lunden Roberts, Clint Lancaster, Hunter, Lancaster, Roberts, Biden’s Organizations: CNN, Monday, Trump, Biden, Lawyers, Arkansas Democrat, Gazette Locations: Wilmington , Delaware, California, Delaware, Arkansas, United States

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