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Search resuls for: "George Soroş"


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☆ Morning Bid: Debt ceiling jitters, Turkey vote, Soros ditches Tesla
  + stars: | 2023-05-15 | by ( ) www.reuters.com   time to read: +4 min
President Joe Biden is meeting Congressional leaders on Tuesday to try to hash out a compromise to raise the debt limit and avoid a catastrophic default. A regulatory filing on Friday from the family office of George Soros showed the 92-year old billionaire investor has sold his entire stake in Tesla. Soros bought shares in the electric vehicle maker, run by Elon Musk, in 2022, as well as convertible bonds in 2018. Soros wasn't alone in pulling out of some of the pandemic-era darlings in the first three months of the year. Friday's regulatory filing showed he loaded up on other big tech stocks, including Netflix, Uber, chipmaker Qualcomm and cloud-based data company Snowflake - which fellow 92-year old investor Warren Buffett bought into back in 2020.
☆ Victory Day analysis: Putin tried to project strength, but Moscow parade revealed only his isolation
  + stars: | 2023-05-09 | by ( Nathan Hodge | ) edition.cnn.com   time to read: +7 min
CNN —For Russian President Vladimir Putin, this year’s Victory Day parade in Red Square was a chance to continue his war on history. It has become a pawn to their cruel and selfish plans.”Despite the pomp of the parade, Putin cuts an increasingly isolated figure. In Russia, Putin and his regime have destroyed these values. A lone Soviet-era T-34 tank leads the procession in Moscow in contrast to the large array of military hardware on display on previous Victory Day parades. “Victory Day is the victory of our grandfathers,” he said.
☆ Stanley Druckenmiller says A.I. could win big coming out of a recession, and he's bullish on Nvidia
  + stars: | 2023-05-09 | by ( Yun Li | ) www.cnbc.com   time to read: +3 min
"It could be a beautiful opportunity in a hard landing just like '01, '02 ... a beautiful opportunity when the tech bubble bursts. NVDA YTD mountain Nvidia "My firm has only been able to participate in AI by owning Nvidia and Microsoft," Druckenmiller said. "It's not even clear to me if we had a really bad recession, that Nvidia would even come down." And now we have a big hike in interest rates." The Federal Reserve has hiked interest rates for 10 times since last year, taking the fed funds rate to a target range of 5%-5.25%, the highest since August 2007.
☆ ‘Ron DeSoros’? Conspiracy Theorists Target Trump’s Rival.
  + stars: | 2023-05-05 | by ( Stuart A. Thompson | ) www.nytimes.com   time to read: +1 min
To some, he is “Ron DeSoros,” a puppet of the Democratic megadonor George Soros. But he is finding that the conspiracy theories and outlandish attacks that Mr. Trump and his allies have aimed at rivals for years are coming for him as well. The attacks underscore the power that conspiracy theories continue to hold over Republican politics heading into the 2024 presidential election. To win the party’s nomination, Mr. DeSantis would probably need support from a Republican base that has produced many of the attacks against him. And while Mr. DeSantis enjoys broad support among Republicans, soaring to re-election victory just six months ago, the latest primary polls show Mr. Trump gaining a sizable lead.
☆ Meta shuts down network of fake accounts that ‘signal a shift’ in China-based influence efforts
  + stars: | 2023-05-03 | by ( Donie O'Sullivan Sean Lyngaas | Donie O'Sullivan | Sean Lyngaas | ) edition.cnn.com   time to read: +3 min
New York CNN —Facebook’s parent company Meta announced Wednesday that it has taken down a network of more than 100 China-based accounts that posed as organizations in the US and Europe and pushed pro-Beijing talking points. The network, which had more than 15,000 followers on Meta’s platforms, appears to have had some financial resources behind it. The fake accounts also posted “negative commentary about Uyghur activists and critics of the Chinese state,” it said. “We’re keeping a close eye” on the Chinese influence operations heading into the 2024 election, the official said. Ahead of the 2022 US midterm election, FBI officials expressed concern that Chinese operatives appeared to be engaging in “Russian-style influence activities” that stoke American divisions.
☆ Facebook was the main donor to a group that fought antitrust reforms in 2020 and 2021
  + stars: | 2023-05-01 | by ( Brian Schwartz Lauren Feiner | Brian Schwartz | Lauren Feiner | ) www.cnbc.com   time to read: +7 min
A person who works with the group, American Edge Project, told CNBC that the $34 million was from Facebook. A Meta spokesman declined to comment and referred CNBC to American Edge instead. The person who works with American Edge told CNBC that the $4 million was also entirely from Facebook. American Edge launched a wave of TV and digital ads from late 2020 through 2021, taking on antitrust proposals. American Edge spent over $5 million between TV and digital ads in 2021, according to data from AdImpact.
☆ Big money donors rally behind Biden as he launches his reelection bid
  + stars: | 2023-04-26 | by ( Brian Schwartz | ) www.cnbc.com   time to read: +7 min
Big donors in the business world started rallying around President Joe Biden soon after he announced Tuesday that he's running for reelection next year. A Biden campaign spokesperson didn't return a request for comment before publication. Katzenberg told CNBC in an exclusive interview Tuesday night that he believes the Biden campaign will raise more this time around than in 2020. Biden's campaign raised over $400 million from donors that gave under $200 during his last run for president, according to OpenSecrets. Venture capitalist Ron Conway has told friends he will help the president's campaign, according to a person close to him.
☆ Protesters stormed the stage and yelled 'Jews against DeSantis' while the Florida governor spoke at a GOP fundraising event
  + stars: | 2023-04-15 | by ( Hannah Getahun | ) www.businessinsider.com   time to read: +2 min
Two protesters ran up on stage during a GOP event while Governor Ron DeSantis was speaking. The protesters shouted "Jews against DeSantis" before they were carried off stage. In a video posted to Twitter, two people with signs reading "Ron DeSantis: Loves Israel, Hates Jews" briefly make it on stage before immediately being grabbed by security and escorted away from the governor. You got to have a little fun," DeSantis said, as the pair were directed away from the governor. A representative for DeSantis and the New Hampshire Republican Party did not immediately respond to Insider's request for comment.
☆ The GOP risks blowing its 2024 chances by enlisting fringe pols and pushing issues normal voters don't care about
  + stars: | 2023-04-08 | by ( Madison Hall | ) www.businessinsider.com   time to read: +6 min
The New York Times reported Trump wanted to hire far-right xenophone Laura Loomer to his campaign. The potential hire shows how far the Republican Party has moved from the median voter. It's just another example of how out of touch the Republican Party has become with the average voter. The Republican Party has yet to win the popular vote in presidential elections since 2004. Should the party keep hiring oddballs and pursuing culture war issues while failing to address substantive issues affecting the country, it's unclear that will change.
☆ Hours from his own arraignment, Trump says Manhattan DA Alvin Bragg should 'INDICT HIMSELF'
  + stars: | 2023-04-04 | by ( Matthew Loh | ) www.businessinsider.com   time to read: +4 min
Donald Trump said on Monday evening that Alvin Bragg should "INDICT HIMSELF." District Attorney Bragg just illegally LEAKED the various points, and complete information, on the pathetic Indictment against me," Trump wrote on Monday. "Now, if he wants to really clean up his reputation, he will do the honorable thing and, as District Attorney, INDICT HIMSELF," added Trump. It is also unclear what information Trump was referring to when he wrote on Monday about "various points" and "complete information" being leaked. Representatives for Trump and the Manhattan district attorney's office did not immediately respond to Insider's requests for comment sent outside regular business hours.
☆ Trump raised more than $4 million within 24 hours following grand jury indictment, his campaign says
  + stars: | 2023-04-01 | by ( Alia Shoaib | ) www.businessinsider.com   time to read: +2 min
Trump's campaign said it raised more than $4 million after he was indicted. It said that the influx of grassroots donations demonstrated the American people's support for Trump. "This incredible surge of grassroots contributions confirms that the American people see the indictment of President Trump as a disgraceful weaponization of our justice system by a Soros-funded prosecutor," the statement said. The campaign said the donations further solidified Trump's status as "the clear frontrunner in the Republican primary." Trump and his campaign have repeatedly lashed out at Manhattan District Attorney Alvin Bragg and tried to frame the indictment as a political attack.
☆ Rupert Murdoch’s media machine offers full-throated defense of Trump after grand jury indictment
  + stars: | 2023-03-31 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +4 min
It came despite the relationship between Murdoch and Trump being on the rocks as of late. And yet, Murdoch allowed the incendiary pro-Trump rhetoric to grip his network on Thursday night. If there was any doubt that Fox News might not offer a full-throated defense of Trump today, given the disgraced Republican’s shaky relationship with Murdoch, that has been erased. Even if he’s not convicted, they figure the indictment and spectacle will help him become the Republican nominee. The outlet’s website prominently featured a story saying Bragg “has a bad case of bias,” among other Trump-friendly articles.
☆ DeSantis says Florida won't help extradite Trump even though it's required by US Constitution
  + stars: | 2023-03-31 | by ( Kimberly Leonard | Jacob Shamsian | ) www.businessinsider.com   time to read: +6 min
DeSantis pledged Florida wouldn't be involved in an extradition to New York, given that Trump lives in Palm Beach. Ron DeSantis of Florida pledged Thursday that state officials would not help extradite former President Donald Trump from Florida to New York in a charged political attack on the prosecutor, following the first-ever indictment of a former president. The Florida extradition statute describes two ways of extraditing people from Florida to another state where they face criminal charges. The governor's only role is making sure the demand meets all the legal requirements before ordering the extradition, legal experts told Insider. He could also delegate and let another member of the Florida executive branch sign off on Hochul's extradition demand.
☆ Donald Trump Jr. decries his father's indictment and says it's 'communist level shit' that would have made Mao and Stalin 'blush'
  + stars: | 2023-03-30 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +2 min
A Manhattan grand jury voted to indict Donald Trump on Thursday. Donald Trump Jr. interrupted his scheduled programming on Rumble to react to the news. Trump Jr. also incorrectly stated that the district attorney is indicting Trump. "Soros-backed Manhattan DA Alvin Bragg is actually indicting my father," Trump Jr. said on Rumble. "I found out about this about 15 minutes before I went live," Trump Jr. said.
☆ The Manhattan DA's office investigating Trump has been 'inundated' with hundreds of angry calls spewing racial slurs and parroting Trump's rhetoric
  + stars: | 2023-03-27 | by ( Natalie Musumeci | ) www.businessinsider.com   time to read: +5 min
The Manhattan attorney's office investigating Donald Trump has been "inundated" with calls from angry supporters. The callers have been parroting Trump's rhetoric and hurling racial slurs against DA Alvin Bragg. In recent days, the Manhattan DA's office has been the victim of several death threats. In a since-deleted post, Trump also shared a photo of himself holding a baseball bat, ready to swing, next to Bragg. "I'm not his social media consultant," Trump lawyer Joe Tacopina told NBC's Chuck Todd on "Meet the Press" on Sunday.
☆ Trump's own attorney says the former president's TruthSocial posts attacking Manhattan prosecutor ahead of possible indictment were 'ill-advised'
  + stars: | 2023-03-26 | by ( Katie Balevic | ) www.businessinsider.com   time to read: +3 min
Trump attorney Joe Tacopina said Trump's Truth Social posts targeting the Manhattan DA were "ill-advised." "I'm not his social media consultant," Attorney Joe Tacopina told NBC's Chuck Todd on "Meet the Press" on Sunday. "I think that was an ill-advised post that one of his social media people put up, and he quickly took down when he realized the rhetoric and photo that was attached to it." Todd pointed out that Tacopina was "only referring to the baseball bat" as Trump's comments about "death & destruction" remained visible on his Truth Social page. In one Truth Social post, Trump said Bragg is "CARRYING OUT THE PLANS OF THE RADICAL LEFT LUNATICS.
☆ Trump mocks calls for his supporters to stay 'peaceful' and falsely claims that 'this is the Gestapo' in all-caps rant
  + stars: | 2023-03-23 | by ( Sonam Sheth | ) www.businessinsider.com   time to read: +4 min
Trump ripped into the Manhattan DA in an all-caps Truth Social rant Thursday. He also appeared to mock calls for his supporters to remain "peaceful" as he stares in the face of a potential indictment. Trump continued, falsely claiming that "THIS IS NO LEGAL SYSTEM, THIS IS THE GESTAPO, THIS IS RUSSIA AND CHINA, BUT WORSE. The former president, who over the weekend called on his followers to "protest" and "take our nation back," also mocked calls for his supporters to stay civil and peaceful. In one infamous December 2020 tweet, Trump told his supporters to converge on the Capitol to stop Congress from certifying Joe Biden's victory in the presidential election.
☆ Trump claims Manhattan DA Alvin Bragg is backed by George Soros. Here's why that attack is an antisemitic trope.
  + stars: | 2023-03-23 | by ( Haven Orecchio-Egresitz | ) www.businessinsider.com   time to read: +8 min
Trump said Manhattan DA Alvin Bragg is backed by the billionaire philanthropist George Soros. To be clear, there is no evidence that George Soros has donated to Bragg. "George Soros and Alvin Bragg have never met in person or spoken by telephone, email, Zoom etc.," Vachon told Insider via email. Neither George Soros nor Democracy PAC contributed to Alvin Bragg's campaign for Manhattan District Attorney." To the far right, Soros represents a member of that cabal, said Lorber, an analyst at Political Research Associates.
☆ Fact Check-Florida Governor DeSantis did not say he would 'examine the legality of any extradition request' for Donald Trump
  + stars: | 2023-03-22 | by ( Reuters Fact Check | ) www.reuters.com   time to read: +3 min
Florida Governor Ron DeSantis did not say that he would “examine the legality of any extradition request” made for former U.S. President Donald Trump, as suggested in a fabricated quote circulating online. Examples of the fabricated statement shared on social media can be seen (here) and (here). At the 22.52s timestamp DeSantis said: “And in terms of, we are not involved in this and won’t be involved in this. In a March 20 press briefing, DeSantis said that he had “no interest in getting involved” in a potential extradition of Trump to face charges in New York. The fabricated statement that he would “examine the legality of any extradition request” was first cast as hypothetical, but some have shared it as though it was made by the governor.
☆ Manhattan DA Alvin Bragg's ties to billionaire George Soros are not as close as Republicans claim
  + stars: | 2023-03-22 | by ( Brian Schwartz | ) www.cnbc.com   time to read: +6 min
As Manhattan District Attorney Alvin Bragg moves to bring an expected indictment against Donald Trump, Republicans lawmakers leaping to the former president's defense have fixated on what they call Bragg's ties to billionaire George Soros. There is also no indication the Open Society Policy Center's donation was directed toward an eventual Color of Change campaign to influence Bragg. The funding from Soros' nonprofit was not targeted toward the campaign to support McCarter, the Color of Change official told CNBC. Open Society's website says the group's donation was intended "to support [Color of Change]'s social welfare activities" over the course of five years. Months before Bragg won a 2021 Democratic primary on his way to becoming Manhattan DA, George Soros' son, Jonathan, and his wife, combined to donate $20,000 to Bragg's campaign, state records show.
☆ Inside the demise of Vice, from turning away a $3.5 billion Disney offer to a 'painful' downward spiral that has the media giant scrambling for a buyer
  + stars: | 2023-03-21 | by ( Claire Atkinson | ) www.businessinsider.com   time to read: +19 min
The talks fizzled, Disney backed off, and Smith set off for California to drum up other interest in Vice Media. Vice Media Group co-CEOs Bruce Dixon, left, and Hozefa Lokhandwala. Vice Media GroupOne former Vice insider familiar with the current situation told Insider that staffers were warning vendors they needed to threaten to stop work in order to get paid. Just a few months later, Rupert Murdoch tweeted, "Who's heard of Vice Media? Refinery29 quickly lost key staff and was not well integrated into Vice Media, the two former staffers said.
☆ DeSantis criticizes Manhattan DA for Trump probe, takes veiled swipe at rival
  + stars: | 2023-03-20 | by ( Gram Slattery | Thomson Reuters | Washington-Based Correspondent Covering Campaigns | ) www.reuters.com   time to read: +2 min
Politico reported that a grand jury was preparing to indict Trump, the front-runner for the Republican 2024 nomination. DeSantis has not declared a presidential run but is widely expected to do so and is by far Trump's most formidable Republican challenger. At a press conference DeSantis criticized Bragg but did not dismiss the case against Trump outright. "I don't know what goes into paying hush money to a porn star to secure silence over some type of alleged affair, I just, I can't speak to that," he said. Other than Pence and DeSantis, most major declared and prospective Republican presidential candidates have remained silent on the issue.
☆ DeSantis breaks his silence on the 'manufactured circus' around expected Trump indictment: 'I don't know what goes into paying hush money to a porn star'
  + stars: | 2023-03-20 | by ( Kimberly Leonard | ) www.businessinsider.com   time to read: +6 min
Ron DeSantis of Florida has ended his silence on former President Donald Trump's expected indictment by a Manhattan grand jury. Amid criticism from Trump and his campaign, DeSantis generally has stayed away from hitting Trump directly. "I don't know what goes into paying hush money to a porn star to secure silence over some type of alleged affair. The Trump campaign hit DeSantis over the weekend when he failed to issue a statement as news swirled predicting Trump's expected indictment this week. You're not fooling anyone," tweeted Liz Harrington, Trump campaign spokeswoman, referring to DeSantis' promotion of his new book, "The Courage to be Free."
☆ Florida Gov. DeSantis attacks Manhattan DA over possible Trump charges
  + stars: | 2023-03-20 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +3 min
Ron DeSantis took aim at the Manhattan district attorney Monday over his expected prosecution of a hush money case against former President Donald Trump. The remarks came as some of Trump's allies and campaign surrogates have taken note of DeSantis' silence about the possibility of criminal charges being filed against the former president. Jason Miller, Trump's senior campaign advisor, grumbled in a tweet over the weekend about the "radio silence" from DeSantis and Nikki Haley, who launched her own presidential campaign last month. Trump slammed DeSantis over his record on ethanol at a campaign event in Iowa last week. "So DeSantis thinks that Dems weaponizing the law to indict President Trump is a 'manufactured circus' & isn't a 'real issue,'" Trump Jr. tweeted.
☆ Donald Trump is launching a preemptive attack on prosecutor Alvin Bragg in the run-up to a possible criminal indictment in New York
  + stars: | 2023-03-17 | by ( Cheryl Teh | ) www.businessinsider.com   time to read: +3 min
Donald Trump has launched a preemptive attack on Alvin Bragg ahead of a possible indictment. Bragg is the prosecutor overseeing the Stormy Daniels hush money payments case. In his post on Thursday, Trump also appealed to his supporters to sympathize with him, writing: "If the Democrats can do this to President Trump, they can do it to you." Cohen pleaded guilty to campaign finance charges related to the hush money payments scheme. He also denied that he paid her $130,000 worth of hush money to keep quiet about the relationship before the 2016 election.
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