DIRS.INFO The most relevant business & tech news

☆ Thomas Crooks, Donald Trump, and the Banality of Gun Violence - The New York Times
▼ + stars: | 2024-07-17 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +2 min

Eleven of the last 12 American presidents have endured an assassination attempt or a plot against their lives. The same is true for 20 of the country’s 45. Most of the recent plots have been foiled early, making the indelible image of Donald Trump fist-pumping in Pennsylvania seem like an atavistic monument or an ominous portent or perhaps both. And though we may describe the stochastic terror of the past decade in terms of ugly bumper stickers and reckless speeches, there has been real violence, not just incitement. “No political party, movement, ideology or manner of thinking has had an absolute monopoly on this violence, and it really hasn’t mattered whether the surrounding political atmosphere was aggressive or docile,” Dayen wrote.

Persons: Donald Trump, David Dayen, Gerald Ford, Ronald Reagan, Bill Clinton’s, Barack Obama’s, Donald Trump’s, Gabrielle Giffords, Steve Scalise, hasn’t, ” Dayen, “ Organizations: The, White, Financial Times, Republican National Convention Locations: Pennsylvania

CNN —The US Secret Service was “solely responsible” for the implementation and execution of security at the site of Saturday’s rally for former President Donald Trump’s campaign, Secret Service Director Kimberly Cheatle told CNN in an interview Tuesday evening. “At that particular site, we divided up areas of responsibility, but the Secret Service is totally responsible for the design and implementation and the execution of the site,” she told CNN. US Secret Service Director Kimberly Cheatle looks on during a press conference at the Secret Service's Chicago Field Office on June 4. Kamil Krzaczynski/AFP/Getty ImagesCNN asked Cheatle if Trump’s security included a full Secret Service counter-assault team – the agency’s version of a tactical or SWAT team – or if it filled gaps with local law enforcement. Everyone works for the Secret Service never wants to have a day like that,” she said.

Persons: Donald Trump’s, Kimberly Cheatle, Cheatle, ”, Thomas Matthew Crooks, ” Cheatle, “, Kamil Krzaczynski, Steve Scalise, hasn’t, – Organizations: CNN, Secret, ABC News, Trump, Office, Getty, Department of Homeland Security, ” CNN, Service Locations: Butler , Pennsylvania, AFP, Iran

☆ Premarket stocks: The Dow’s surge is a calculated response to political turmoil
▼ + stars: | 2024-07-16 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

Tragedy strikes and traders (or trading algorithms) sniff out a way to make money off of it. Stocks also went on a tear as Covid-19 killed millions and gutted economies across the globe. “The market’s up today, but the market’s up every day,” Steve Sosnick, chief strategist at Interactive Brokers, tells me. Whether or not the political bump lasts, some traders did seize on the moment to double down on so-called Trump trades. In short, when the yield curve gets steeper, that’s a sign bond traders are nervous.

Persons: CNN Business ’, Stocks, it’s, Steve Sosnick, Sosnick, ”, “, Trump, Reagan, Coinbase, Elon Musk, Sturm Ruger, he’s, Joe Biden —, ” Sosnick, they’re Organizations: CNN Business, New York CNN — Financial, Dow, Interactive, Trump, White, Macquarie, Trump Media, Smith, Wesson, Democratic, Treasury Locations: New York

☆ Biden has staked his campaign on painting Trump as a threat to Democracy. That could change after Saturday's shooting.
▼ + stars: | 2024-07-15 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

The Biden campaign quickly paused "outbound communications" and took down television advertisements in the wake of the shooting. Will 'defense of democracy' remain a core campaign issue? But after the Butler shooting, many are wondering how Biden will campaign on the issue moving forward. AdvertisementAs the fallout from the shooting endures, Biden is set to resume his campaign after a high-touted Monday interview with NBC's Lester Holt. Business Insider reached out to the Biden campaign for comment.

Persons: —, Donald Trump, Joe Biden, Biden, he's, Will, Butler, Steve Scalise, Louisiana —, Thomas Matthew Crooks, NBC's Lester Holt, Trump Organizations: Service, Business, Biden, NATO, Democratic, Trump, DNC, Republicans, Democrats, Republican National Convention Locations: Independence, America, Washington, Michigan, Midwest, Louisiana, Milwaukee

☆ Ex-NRA leader who helped legalize AR-15s offers 'hearts and prayers' to Trump shooting victims from his 2nd corruption trial
▼ + stars: | 2024-07-15 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

LaPierre, 74, spoke to Business Insider briefly from the hallway outside his second civil-corruption trial, which began Monday in Manhattan. I know our hearts and prayers go out to the Buffalo fireman that lost his life, and his family." He literally designed the gun," Cotton added. AdvertisementThe AG's lawyers will likely ask Barrett about joining Cotton in downplaying the NRA corruption jury's findings at the May meeting. In 2020, she sued the NRA, LaPierre, and three other longtime top executives, alleging a leadership culture of fraud, greed, and retaliation against whistleblowers.

Persons: —, Wayne LaPierre —, Donald Trump, LaPierre, Trump, Joe Biden's, Letitia James, James, Charles Cotton, Cotton, Steve Shiffman, Ronnie Barrett, Barrett, Barrett's, John Frazer, Joel Cohen, Cohen, liken Organizations: Service, National Rifle Association, Business, Buffalo, New York, NRA, Slate, Al, Irish Republican Army, Cotton, Corporate Locations: Manhattan, Al Qaeda, Northern Ireland, New York

☆ Live Updates: Authorities Find Explosives in Car of Gunman Killed in Assassination Attempt on Trump
▼ + stars: | 2024-07-14 | by ( Michael D. Shear | Mike Ives | ) www.nytimes.com time to read: +11 min

“I will Never Surrender!” Mr. Trump wrote in a text message to supporters. And Mr. Trump is preparing to name his running mate and formally claim his party’s nomination for the third consecutive election. Vance of Ohio, who is on the shortlist of candidates that Mr. Trump is considering as a running mate, wrote on X. “An assassination attempt is contrary to everything we stand for as a nation,” Mr. Biden said. Mr. Trump had assured Malphine Fogel, who lives in Butler County, that he would help get her son home.

Persons: Donald J, Trump’s, Trump, Biden’s, Biden, ”, Mr, “, Susie Wiles, Chris LaCivita, LaCivita, Doug Mills, Ronald Reagan, Melania Trump, Douglas Brinkley, Butler, ” Mr, Brinkley, “ Trump, Dan Crenshaw, Lara Trump, Kenny Holston, Donald Trump, J.D, Vance of Ohio, Lester Holt, Pramila Jayapal, Eric Lee, Nancy Pelosi, Gabby Giffords, Steve Scalise, “ It’s, Scalise, Mike Johnson, ” “ We’ve, Johnson, Christine Toretti, committeewoman, gee, Ms, Toretti, Malphine Fogel, Mike Kelly, ” Reid J, Epstein, Lisa Lerer Organizations: White, Republican National Convention, Trump, Washington, Republicans, New York Times, Rice University, ”, Republican, Republican National Committee, Trump . Federal, NBC, Congressional Progressive Caucus, Mr, Capitol, Arizona Democrat, Fox News, Louisiana Republican, Homeland Security, Pennsylvania Republican Locations: Pennsylvania, Delaware, New Jersey, Milwaukee, West Palm Beach, “ America, Butler , Pennsylvania, Texas, Trump ., America, Washington, San Francisco, Arizona, Louisiana, Butler County

☆ Analysis: Attack on Trump reopens a chilling chapter in American politics
▼ + stars: | 2024-07-14 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

But political violence hasn’t stopped since then. The nation is also still processing the attack on the US Capitol by Trump supporters on January 6, 2021. In one of the most poignant reactions, Giffords said in a statement, “Political violence is terrifying. I know.” She added: “I’m holding former President Trump, and all those affected by today’s indefensible act of violence in my heart. Political violence is un-American and is never acceptable – never.”Unfortunately, history suggests that violence, while indefensible, is also a quintessential scar on American politics.

Persons: Donald Trump, America’s, MAGA, flinched, Evan Vucci, Trump, –, Joe Biden, John F, Kennedy, Robert F, Martin Luther King Jr, hasn’t, Gabrielle Giffords, Steve Scalise, Joseph Meyn, CNN’s, ”, ” “, Reagan, Biden, he’s, ” Biden, he’d, Donald ”, “, Biden –, Giffords Organizations: CNN, Republican, GOP, Associated Press, Secret Service, Secret, Democratic, Democratic National Convention, Arizona Democrat, Trump, ” “ JFK, RFK, MLK, New, White House, Republican National Convention Locations: Butler , Pennsylvania, American, Butler, Pa, Chicago, Arizona, New York, Rehoboth Beach , Delaware, America, Washington, United States, Atlanta, Milwaukee

☆ NASA says it has no plans to use SpaceX to rescue two stranded astronauts
▼ + stars: | 2024-07-11 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Read previewNASA said it has no plans right now to send one of Elon Musk's spacecrafts to rescue two astronauts stranded on the International Space Station. Speaking in a joint NASA-Boeing press briefing on Wednesday, NASA official Steve Stich said there had been "no discussion" about sending a SpaceX Dragon to pick up NASA astronauts Suni Williams and Butch Wilmore, stranded on the ISS aboard Boeing's Starliner spacecraft. The prospect of the astronauts being rescued by SpaceX would be humiliating for Boeing, which is competing with Elon Musk's rocket company to transport astronauts to the ISS. The aviation giant has lagged behind SpaceX, which completed its first crewed mission to the ISS with its Dragon capsule in 2020. Boeing and NASA did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Elon Musk's, Steve Stich, Suni Williams, Butch Wilmore, NASA's, Stich, Elon, we've, Butch, Suni, We've, Starliner, Musk, David Calhoun's Organizations: Service, NASA, Space, Boeing, SpaceX, Business, NASA's Kennedy Space Center, Elon Musk's, Alaska Airlines Locations: Florida, Starliner

☆ Stock splits can be rocket fuel for a company's shares. Here's who could be next.
▼ + stars: | 2024-07-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

MicroStrategy is the latest company to announce a 10-for-1 stock split as its shares hit $1,340. AdvertisementIt's been a big year for stock splits. According to Bank of America, stock splits can be rocket fuel for prices. Shares of Chipotle have dropped 12% since its shares split 50-for-1 in late June. It represented one of the largest stock splits in the history of the New York Stock Exchange.

Persons: MicroStrategy, —, It's, managements, Steve Sosnick, Eli Lilly, Sosnick Organizations: Service, Nvidia, Walmart, Broadcom, Chipotle, Sony, Lam Research, Texas Pacific, Interactive Brokers, Business, KLA Corp, Netflix, Intuit, Adobe, Bank of America, New York Stock Exchange Locations: Williams, Sonoma, Cintas

☆ Italy's Foreign Minister Antonio Tajani on NATO, Ukraine, the war in the Gaza Strip and the U.S. election: Full interview
▼ + stars: | 2024-07-11 | 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 EmailItaly's Foreign Minister Antonio Tajani on NATO, Ukraine, the war in the Gaza Strip and the U.S. election: Full interviewItaly's Foreign Minister Antonio Tajani discusses the latest NATO summit, the wars in Ukraine and Gaza and the forthcoming U.S. election with CNBC's Steve Sedgwick. Watch the full interview here.

Persons: Antonio Tajani, Steve Sedgwick Organizations: Italy's, NATO Locations: Ukraine, Gaza

☆ NATO's Stoltenberg: Expect U.S. to remain staunch ally whatever the election outcome
▼ + stars: | 2024-07-10 | 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 EmailNATO's Stoltenberg: Expect U.S. to remain staunch ally whatever the election outcomeOutgoing NATO Secretary-General Jens Stoltenberg responds to a question from CNBC's Steve Sedgwick at a summit in Washington, D.C.

Persons: NATO's Stoltenberg, Jens Stoltenberg, Steve Sedgwick Organizations: NATO Locations: Washington ,

☆ U.S. ambassador to NATO: We'll hear Ukriane loud and clear
▼ + stars: | 2024-07-10 | 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 EmailU.S. ambassador to NATO: We'll hear Ukriane loud and clearJulianne Smith, U.S. ambassador to NATO, speaks to CNBC's Steve Sedgwick at the NATO summit in Washington, D.C.

Persons: Julianne Smith, Steve Sedgwick Organizations: U.S, NATO Locations: U.S, Washington ,

☆ As NATO meets, leaders look to 'Trump-proof' the military alliance
▼ + stars: | 2024-07-10 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

US President Donald Trump arrives for the NATO summit at the Grove hotel in Watford, northeast of London on December 4, 2019. U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky speak during a meeting in New York on September 25, 2019. Hanno Pevkur, Estonia's defense minister, emphasized that NATO allies did not interfere in each other's domestic politics and democratic processes. So when, when the choice of American people is Donald Trump, then it's Donald Trump. Then all the countries in the world, including Estonia, including the NATO allies, have to talk with this administration who will be put in place."

Persons: Donald Trump, Christian Hartmann, Trump, Recep Tayyip Erdogan, Peter Nicholls, Jens Stoltenberg, Stoltenberg, Joe Biden's, —, Volodymyr Zelensky, Saul Loeb, Donald Trump's, Keir Starmer, Starmer, we've, that's, Radosław Sikorski, CNBC's Steve Sedgwick, Hanno Pevkur, It's, France —, Balázs Orbán, Viktor Orbán Organizations: NATO, AFP, Getty, Republican, Ukraine, Eurasia Group, Trump, Ukrainian, Independent, CNBC, Hungary's Locations: Grove, Watford, London, Washington, Ukraine, China, North Korea, Iran, Britain, New York, Europe, Russia, Estonia, United States, Germany, Canada, France, Poland

☆ NASA still expects Boeing's Starliner to return astronauts from ISS, but notes SpaceX backup option
▼ + stars: | 2024-07-10 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

With NASA astronauts docked at the International Space Station far longer than planned, the agency's leadership on Wednesday acknowledged potential alternatives to Boeing's Starliner for returning the crew to Earth. Still, the Boeing's spacecraft remains the primary option for returning crew, officials said. Starliner has now been in space 36 days and counting as the agency and Boeing perform additional testing in New Mexico before clearing the spacecraft to return. The mission is the first time Starliner is carrying people, flying NASA astronauts Butch Wilmore and Suni Williams. "[But] there's really been no discussion with sending another Dragon to rescue the Starliner crew," Stich added later.

Persons: Butch Wilmore, Suni Williams, Neil A, Starliner, Steve Stich, Butch, Suni, Stich –, Stich, " Stich Organizations: NASA, Boeing, Armstrong Operations, Kennedy Space Center, Cape Canaveral Space Force, SpaceX Locations: Florida, New Mexico, Starliner

☆ NASA’s Boeing Starliner test flight astronauts discuss spacecraft problems
▼ + stars: | 2024-07-10 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

CNN —Boeing’s Starliner spacecraft and its crew have been in space for more than a month — much longer than the weeklong stay initially expected. But the two astronauts piloting this historic test mission mostly spoke favorably about the vehicle that carried them to the International Space Station, marking the inaugural crewed flight of the Boeing-built spacecraft. I mean, truly amazing,” Butch Wilmore, one of two NASA astronauts helming this mission, said in a Wednesday news briefing. The pump’s failure “put us in a position where we’d have to store an awful lot of urine,” said Dana Weigel, manager for NASA’s International Space Station Program, before the flight. SpaceX designed its cargo Dragon spacecraft years before its Crew Dragon capsule, while Boeing somewhat started from scratch with Starliner.

Persons: CNN —, there’s, Butch Wilmore, ” Wilmore, Wilmore, Hurricane Beryl, hasn’t, Williams, Steve Stich, “, ” Stich, Sunita Williams, Wilmore —, Wilmore’s, ” Williams, ”, Mark Nappi, ” Nappi, Dana Weigel, Weigel, “ I’m, Northrop Grumman, Bob Behnken, Doug Hurley, Behnken, Hurley, “ We’ve, Stich, Butch, Suni Organizations: CNN, International, Boeing, NASA, SpaceX, International Space Station, NASA’s, Space Station, Northrop Locations: New Mexico, Cape Canaveral , Florida, Williams

☆ New Jersey Democratic power broker pleads not guilty to state racketeering charges
▼ + stars: | 2024-07-09 | by ( ) www.cnbc.com time to read: +5 min

New Jersey businessman and co-owner of The Philadelphia Inquirer, George Norcross walks to Judge Patricia McInerney's courtroom at City Hall in Philadelphia. The New Jersey Democratic power broker charged with racketeering by the state attorney general pleaded not guilty Tuesday to charges he threatened people whose properties he sought to take over and orchestrated tax incentive legislation to benefit organizations he controlled. "My client emphatically states that he is not guilty," Norcross' attorney Michael Critchley told Judge Peter Warshaw. A longtime kingmaker in southern New Jersey, Norcross often wielded influence through back channels. His brothers are lobbyist and co-defendant Philip Norcross — who pleaded not guilty on Tuesday as well — and U.S. Rep. Donald Norcross, a former state legislator who is not charged.

Persons: George Norcross, Patricia McInerney's, George E, Norcross, Matt Platkin's, Michael Critchley, Peter Warshaw, hasn't, Warshaw, Sen, Bob Menendez, He's, Donald Trump's Mar, Steve Sweeney, Philip Norcross —, Donald Norcross, William M, Camden Mayor Dana L, Redd, John J, O'Donnell, Sidney R, Brown, Menendez Organizations: Philadelphia Inquirer, Hall, The New, The New Jersey Democratic, Court, Democratic, U.S, Norcross, Democratic National Committee, Democrats, He's, New, New Jersey Democrats, U.S . Rep, Camden Community Partnership, Camden Mayor Locations: Jersey, Philadelphia, The, The New Jersey, Mercer County, New York, Camden , New Jersey, Camden, Delaware, Palm Beach , Florida, New Jersey

☆ Live Election Updates: Biden Hits the Trail as Concern Among Democrats Grows.
▼ + stars: | 2024-07-07 | by ( Nicholas Nehamas | ) www.nytimes.com time to read: +3 min

Pennsylvania is one of the states that Mr. Biden almost certainly must win if he hopes to retain the White House. “President Biden is a fierce supporter of unions, and he won’t cross a picket line,” Lauren Hitt, a Biden campaign spokeswoman, said in a statement. After Philadelphia, Mr. Biden will travel to Harrisburg for a community organizing event with union members on Sunday afternoon. “They don’t need scripted remarks,” said Steve Sisolak, the former Democratic governor of Nevada, who supports Mr. Biden. Be out there, mingle with your folks.”Despite doubts from many Democrats, Mr. Biden has defiantly insisted that he will stay in the race.

Persons: Biden, Mr, Donald J, Trump, Gavin Newsom, “, ” Lauren Hitt, Josh Shapiro, Bob Casey, John Fetterman, Biden’s, ”, Steve Sisolak Organizations: Philadelphia, Pennsylvania, Gov, National Education Association, Biden, Sunday, ABC News, Democratic Locations: Pennsylvania, Harrisburg, Philadelphia, California, Western Pennsylvania, Bucks County, Northwest Philadelphia, Nevada

☆ Private equity is booming. How to get a job in the finance industry's newest 'it' sector.
▼ + stars: | 2024-07-05 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +10 min

Getty Images; Shutterstock; BIThe traditional path to private equity starts with an investment banking job out of college. In 2023, private equity firms started reaching out in July before junior investment bankers finished their summer training. But at its core, private equity is in the business of making money by buying and running companies. Samantha Lee/InsiderA small group of headhunters and other advisors hold power over the private equity recruitment process. More on private equity pay and hiring:Have private equity's 'Hunger Games' recruiting tactics gone too far?

Persons: —, Blackstone, Apollo isn't, Goldman Sachs, it's, David Wurtzbacher, Wurtzbacher, Wharton, Graham Weaver, you've, Samantha Lee, We've, Jon Gray, Drew Angerer, Skye Gould, Steve Schwarzman, Jonathan Gray, Gray, Thoma Bravo, Atlantic's, Carlyle, Warburg Pincus, Wharton's, Axel Springer Organizations: Service, Apollo, KKR, Business, Getty, CPA, BI, Alpine Partners, Alpine's, Harvard Business School, Stanford's Graduate School of Business, Alpine, of Foreign Labor, Bain Capital, Blackstone, Harvard, Games, Wall, Citadel, headhunters, dealmakers, Private, PJT Partners, Centerbridge, of Michigan Locations: San Francisco, UPenn, Carlyle, Blackstone, Axel

☆ Boeing delays Starliner return by 'weeks' for testing, NASA says astronauts aren't stranded
▼ + stars: | 2024-06-28 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

Boeing's crew flight test represents the first time Starliner is carrying people, flying NASA astronauts Butch Wilmore and Suni Williams. Before launching on June 5, Boeing and NASA planned for Starliner to be in space for nine days. As of Friday, the Starliner flight has tallied 24 days and counting. NASA and Boeing say the delay for testing is solely to gather more data about the spacecraft's performance, in particular its thruster system. The Starliner crew flight test represents a final major step before NASA certifies Boeing to fly crew on operational, six-month missions.

Persons: Boeing's, Butch Wilmore, Suni Williams, Starliner, Steve Stich, Suni, Stich Organizations: International Space, NASA, Boeing Locations: White Sands , New Mexico

☆ Boeing, NASA consider extending astronauts’ Starliner mission up to 3 months
▼ + stars: | 2024-06-28 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

Setbacks in orbitSeveral more helium leaks were identified while the craft was en route to the International Space Station along with the thruster issues. That’s why Boeing and NASA teams then chose to leave the Starliner spacecraft safely docked with the space station while they worked to learn as much as possible about those issues. The first Starliner test mission took place without a crew in December 2019. That’s at the core of the mysteries Boeing and NASA are seeking to unravel during the Starliner spacecraft’s extended mission. Extended stays in spaceIt’s not uncommon for astronauts to unexpectedly extend their stay aboard the space station — for days, weeks or even months.

Persons: CNN —, —, Suni Williams, Butch Wilmore, Steve Stich, “, ” Stich, what’s, ” “ We’re, Stich, Mark Nappi, Nappi, whittle, ” Nappi, ‘, ’ —, Williams, “ We’ve, ”, That’s, Frank Rubio Organizations: CNN, International Space Station, Boeing, NASA, Space, Atlas, International Space, SpaceX, Cargo, Space Station, Astronauts Locations: New Mexico, Russian

☆ Here's the '800-pound gorilla' that has a top global strategist at Wells Fargo worried about a major market pullback — and 5 investments that can survive as AI hype goes overboard
▼ + stars: | 2024-06-23 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

Scott Wren, a senior global market strategist at Wells Fargo Investment Institute, recently noted that market breadth is abnormally narrow. He found that the five best performers in the S&P 500 accounted for nearly three-fifths of its exceptional 10.6% year-to-date gain through May 31. That fate will soon apply to the S&P 500, Wren warned. Such a sell-off would take the S&P 500 below 5,000 for the first time since April. "And it's tough to be patient when the S&P 500 set a bunch of all-time high records."

Persons: —, Scott Wren, Wren, Steve Sosnick, Sosnick, who's, it's, we've, they've, they're, we're, Goldman Sachs, There's, He's Organizations: Service, Wells, Wells Fargo Investment Institute, Business, Interactive Brokers, Wells Fargo Investment, Nvidia, Investors Locations: Wells Fargo

☆ Donald Trump Doesn’t Have the Support of Corporate America - The New York Times
▼ + stars: | 2024-06-23 | by ( Jeffrey A. Sonnenfeld | ) www.nytimes.com time to read: +1 min

Recent headlines suggest that our nation’s business leaders are embracing the presidential candidate Donald Trump. His campaign would have you believe that our nation’s top chief executives are returning to support Mr. Trump for president, touting declarations of support from some prominent financiers like Steve Schwarzman and David Sacks. Mr. Trump continues to suffer from the lowest level of corporate support in the history of the Republican Party. I know this because I have worked with roughly 1,000 chief executives a year, running a school for them, which I started 35 years ago, and I speak with business leaders almost every day. The reality is that the top corporate leaders working today, like many Americans, aren’t entirely comfortable with either Mr. Trump or President Biden.

Persons: Donald Trump, Trump, Steve Schwarzman, David Sacks, Biden Organizations: Republican Party

☆ This AI play is about to pass Warren Buffett’s Berkshire Hathaway in market value
▼ + stars: | 2024-06-20 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Once-obscure chipmaker Broadcom has enjoyed a record-setting rally that's pushed its market capitalization inches behind Warren Buffett's Berkshire Hathaway conglomerate and its portfolio of household names and economic bellwethers. When Broadcom hit an all-time high earlier this week, its market capitalization briefly surpassed drug maker Eli Lilly's. As of Tuesday's close, Broadcom had a market cap of $839 billion, right behind Eli Lilly's $845 billion and Berkshire's $882 billion. Omaha-based Berkshire is currently No.7 in market value, after a cluster of megacap technology giants. Big AI beneficiary Broadcom, meanwhile, is seeing strong demand from customers in need of high-capacity chips that can power complex AI applications.

Persons: that's, Warren Buffett's, Eli Lilly's, Hock Tan, Steve Sosnick, Tesla, Morgan Stanley Organizations: Broadcom, Warren, Warren Buffett's Berkshire Hathaway, Apple, Berkshire, BNSF Railway, Geico Insurance, U.S ., PetroChina, Bank of America, Interactive Brokers, VMware Locations: Palo Alto , California, Omaha, Berkshire, U.S, Saudi Aramco

☆ Should central banks be cutting, holding or hiking rates? CNBC runs through the forecasts
▼ + stars: | 2024-06-20 | 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 EmailShould central banks be cutting, holding or hiking rates? CNBC runs through the forecastsCNBC's Steve Sedgwick and Arabile Gumede discuss the expectations for central bank action as interest rate outlooks differ around the world.

Persons: Steve Sedgwick, Arabile Gumede Organizations: CNBC

☆ Boeing Starliner: Two astronauts wait to come home amid spacecraft issues
▼ + stars: | 2024-06-19 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

Spaceflight veterans Suni Williams and Butch Wilmore arrived at the space station aboard the Starliner on June 6. It’s not uncommon for astronauts to unexpectedly extend their stay aboard the space station — for days, weeks or even months. But the situation makes for a moment of uncertainty and embarrassment that joins a long list of similar blunders by the Boeing Starliner program, which is already years behind schedule. The Starliner spacecraft on NASA's Boeing Crew Flight Test is pictured docked to the Harmony module's forward port on June 13 as the International Space Station orbited 262 miles above Egypt's Mediterranean coast. The first Starliner test mission, flown without crew in late 2019, was riddled with missteps.

Persons: CNN —, Suni Williams, Butch Wilmore, Williams, Wilmore, it’s, “, ”, Steve Stich, Mark Nappi, It’s, Stich, Starliner, Wilmore —, Robert Behnken, Douglas Hurley, Joel Kowsky, Bob Behnken, Doug Hurley —, Hurley, Behnken’s, ” Stich, Michael Lembeck, Lembeck, —, Dragon, ” Lembeck, ” Nappi, “ Everything’s, ” Williams Organizations: CNN, NASA, International, Spaceflight, Boeing, NASA's Boeing, Harmony, SpaceX, International Space, University of Illinois Locations: firma, University of Illinois Urbana, Champaign

Search resuls for: "Steve S"

25 mentions found