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Meet the hobbyists who collect barf bags
  + stars: | 2024-06-19 | by ( Aj Willingham | ) edition.cnn.com   time to read: +12 min
CNN —“I collect barf bags” is not a complete sentence. “I collect barf bags because they’re pretty neat.”“I collect barf bags, and I’m not the only one.”Of the eight billion people on the planet, the number of serious barf bag collectors is just north of 100, according to notable members of their ranks. The ineffable whyWhen Steve Silberburg started collecting barf bags around 1981, he thought he would be the only one. People were indeed amused, but it had an unintended side effect: Classmates started bringing Silberburg other barf bags to add to his collection. “We don’t want anybody to get ahead of us, you know.”“It makes a good litmus test, telling people you collect barf bags,” Silberburg says.
Persons: CNN —, I’m, Dramamine —, Steve Silberburg, , ” Silberburg, Silberburg, Eli Cox, “ It’s, that’s, Cox, , Bob Grove, Bruce Kelly, Grove, Bob Grove's tastefully, Dramamine Bruce Kelly, Grove’s, “ I’ve, ” Kelly, Kelly, somebody’s, it’s, Bruce Kelly's, Gilmore Schjeldahl, Louis, ” Bruce Kelly, Organizations: CNN, Maine, Finn Aviation, TWA Locations: , New York City, Boston, San Francisco, Austin , Texas, San Diego, Tijuana, Burma, Myanmar, American, North Dakotan, Finnish, Omaha, St, England, Japan, Europe
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
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBroadcom capture the whole zeitgeist of the moment right now: Interactive Brokers' Steve SosnickSteve Sosnick, Interactive Brokers chief strategist, joins 'Squawk on the Street' to discuss the state of the tech sector, why he's in favor of swapping Tesla out of the 'Magnificent Seven' for Broadcom, and more.
Persons: Steve Sosnick Steve Sosnick Organizations: Broadcom, Interactive Brokers
Hardware is Wall Street's new favorite bet
  + stars: | 2024-06-17 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the Apple-Google partnership that shows why hardware has become Wall Street's new favorite bet . The big storyHardware is hotGetty Images; Chelsea Jia Feng/BISoftware may still eat the world, but only with the help of some serious hardware. But generative AI has put a considerable spotlight on a less sexy part of tech: hardware. That's playing out in the stock market, where hardware tech stocks have outperformed software tech stocks by 30 percentage points this year , writes BI's Matthew Fox.
Persons: , Chelsea Jia Feng, Marc Andreessen's, Hugh Langley, That's, BI's Matthew Fox, it's, Steve Schwarzman, Jon Gray, Brian Ach, Tyler Le, Andy Sieg, Merrill Wealth, Dan Sundheim, Chris Tuite, Trump, Elon Musk, hasn't, Jimmy Simpson, they're, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, Elon, Apple, Business, Apple Intelligence, OpenAI, Google, Microsoft, Amazon, Oracle, Street, Nvidia, Broadcom, Blackstone, Merrill, D1 Capital, YouTube, Netflix, BI, Cannes Lions, advertising's Locations: That's, New York, London
Broadcom's rise in 2024 is cause for the chipmaker to replace Tesla in the "Magnificent Seven," according to Interactive Brokers Chief Strategist Steve Sosnick. "Broadcom captures the whole zeitgeist of the moment right now," Sosnick told CNBC's " Squawk on the Street " on Monday. "It's an AI stock much more so. Even though Tesla might be one in the future, Broadcom is one now." AVGO TSLA YTD mountain Broadcom and Tesla stock year to date Sosnick's comments come as Tesla struggles in 2024.
Persons: Steve Sosnick, Sosnick, CNBC's, Tesla, FOMO, Hock Tan Organizations: Tesla, Interactive Brokers, Broadcom, Technology, Nasdaq
House Republicans overwhelmingly sought to restore a Confederate memorial to Arlington Cemetery. But the measure failed as 24 Republicans joined every Democratic lawmaker in rejecting the effort. The Confederate memorial was removed from the cemetery last December and is currently in storage. AdvertisementHouse Republicans were unsuccessful in their effort to reinstall a Confederate memorial to Arlington National Cemetery after two dozen members joined Democrats in rejecting the measure. The amendment was backed by 192 Republicans — or nearly 90% of the House GOP — while 24 Republican lawmakers rejected the measure.
Persons: , Mike Johnson of, Steve Scalise, Elise Stefanik Organizations: Republicans, Democratic, Service, Arlington National Cemetery, GOP, House Republican, Business Locations: Arlington, Mike Johnson of Louisiana, Louisiana, New York
Reached by phone, Lisa’s live-in partner Maria Tazbaz said she sold the Easter baskets at her hardware store. By 2009 Lisa was on supervised parole, but couldn’t stop committing crimes, according to her parole officer, who asked a judge to consider putting her back in prison. In a letter to the judge, the parole officer outlined Lisa’s infractions: She faked cancer to get sympathy from a court on a charge for bogus checks. After spending much of 2010 and 2011 imprisoned in Oklahoma, Lisa was released. At a hearing for the revocation of her release, the parole officer testified she had “noticed, and attempted to stop, a pattern by the defendant of defrauding her boyfriends.” A judge locked her back up.
Persons: Carloyn Naussany, Lisa, Maria Tazbaz, Carolyn, ” Tazbaz, Girl’s, Tazbaz, Linda, It’s, ” Lisa’s, Steven Sullins, Leonardo DiCaprio, “ That’s, ” Sullins, Sullins, Lisa Sullins, ’ ” Lisa, Steve, Lisa wasn’t, Dodge, Kurt Naussany, , Kurt Howell, “ I’ve, I’ve, ” Steve, Howell, , ” Lisa, Lisa’s, couldn’t Organizations: Facebook, King Food Saver, Branson Buzz, Google, Oakley Auto, Chrysler, Kimberling City, NBC, Oklahoma State Department of Health, South Pointe Chrysler, Dodge Ram, Prosecutors, KMart, Ramada Oasis Convention Center Locations: Branson West, Kimberling City, Kimberling, Rock, South, Tulsa, Las Vegas, Nevada, Clark County, California, Cleveland , Oklahoma, Vietnam, Osage County, Sapulpa , Oklahoma, Springfield , Missouri, Oklahoma
A simple principle underpins a contentious Thursday decision by the U.S. and key allies to tap profits from Russian sovereign assets in support of Ukraine: Moscow must make reparations. Questions have also been raised over the legality of setting such a precedent: Russia has been cut off from its frozen assets, but retains their ownership. The proposal must now pass various legal hurdles and be backed by European states, where the majority of frozen Russian assets are held. Further loans secured against the interest accrued by Russian frozen assets could be forthcoming, U.S. Treasury Secretary Janet Yellen signaled on Thursday. The annual summit comes as most of the G7 leaders face their own domestic upheavals including national elections and falling approval ratings.
Persons: Charles Michel, CNBC's Steve Sedgwick, Joe Biden, Volodymyr Zelenskyy, Putin, we're, Biden, Michel, Janet Yellen, Yellen, We're, Russia's, Ursula von der Leyen, Georgia Meloni Organizations: U.S, West, . Security, Kyiv, Treasury, Bank, European Commission Locations: Ukraine, Moscow, Russia, Russian, Canada, France, Germany, Italy, Japan . U.S, Kuwait, U.S, Borgo Egnazia, Puglia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse Majority Leader Rep. Scalise on Trump meeting: A really upbeat message by the former presidentHouse Majority Leader Rep. Steve Scalise (R-La.) joins 'Squawk Box' to discuss former President Donald Trump's visit to Capitol Hill, the various tax policies floated by Trump in recent days, state of the 2024 race, and more.
Persons: Steve Scalise, Donald Trump's Organizations: Trump, Capitol
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEuropean Council president: G7 has sent a very powerful signal to the KremlinCharles Michel, the president of the European Council, speaks to CNBC's Steve Sedgwick at the G7 summit at Borgo Egnazia in Italy.
Persons: Kremlin Charles Michel, Steve Sedgwick Organizations: European, Kremlin, European Council Locations: Borgo, Italy
Former President Donald Trump will address some of the world's most powerful corporate leaders on Thursday, albeit with some notable absences. So here's what we know: Out of the 17 corporate spokespeople who replied to CNBC, four said their CEOs planned to attend: JPMorgan Chase CEO Jamie Dimon, Citigroup CEO Jane Fraser, Bank of America CEO Brian Moynihan and Edison International CEO Pedro Pizarro. BlackRock CEO Larry Fink and Microsoft CEO Satya Nadella, for instance, will reportedly be at the G7 summit in Italy. Representatives for Woods and Bastian did not reply to questions about why their chief executives won't be attending the meeting. Fox Corp. CEO Lachlan Murdoch, Best Buy CEO Corie Barry and Boeing CEO Dave Calhoun will also not be there, spokespeople told CNBC Thursday.
Persons: Donald Trump, Bank of America Brian Moynihan, Joe Biden's, Jeff Zients, , Jamie Dimon, Jane Fraser ,, Brian Moynihan, Pedro Pizarro, Trump, Steve Schwarzman, Goldman Sachs, David Solomon, Sara Armbruster, Darren Woods, Ed Bastian, Morgan Stanley, Ted Pick, James Gorman, Lynn Good, Solomon, Larry Fink, Satya Nadella, Woods, Bastian, Fink, Nadella, Lachlan Murdoch, Corie Barry, Dave Calhoun, spokespeople Organizations: Bank of America, White, Business, CNBC, JPMorgan Chase, Citigroup, Jane Fraser , Bank of America, Edison International, Trump, Blackstone Group, ExxonMobil, Delta Air, Duke Energy, BlackRock, Microsoft, Fox Corp Locations: Washington , DC, Trump, Italy, Washington
CNN —Former special prosecutor Nathan Wade says he believes Donald Trump will “absolutely” be put on trial in Georgia in the 2020 election subversion case – even if he wins a second term and he’s in the White House at the time. The question of whether a sitting US president can be forced to stand trial for state-level criminal charges has never been litigated. Wade said in the interview Wednesday that he expects prosecutors and defense attorneys will have to confront that unprecedented scenario if Trump wins the 2024 election. Nathan Wade was asked if he thinks Trump can still be on trial as president. Trial court Judge Scott McAfee had previously ruled that Willis could remain on the case if Wade stepped away, prompting his resignation.
Persons: Nathan Wade, Donald Trump, Wade, Fani Willis, CNN’s, Trump, , , ” Wade, Willis, Nathan Wade’s, Kaitlan Collins Willis, Scott McAfee’s, Fani, improvidently, Steve Sadow, Scott McAfee, McAfee Organizations: CNN, Trump, Peach State, Georgia, Appeals, Wednesday, Atlanta Judicial Circuit Locations: Georgia, Fulton County, Peach, State of Georgia, Atlanta
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon chief security officer on cyber outlook for second half of 2024, 'platformization' and chipsAmazon Chief Security Officer Steve Schmidt discuss the outlook for cyber security and protecting the tech giant's cloud, retail and digital ad businesses with Worldwide Exchange anchor Frank Holland. Schmidt also discusses the challenges of finding talent, the company's chip strategy and his view on "platformization".
Persons: Steve Schmidt, Frank Holland, Schmidt Organizations: Amazon, Worldwide Exchange
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCybersecurity now a top priority for company boards, Okta CEO saysThe CEO of Okta, Todd McKinnon, joins CNBC's Steve Sedgwick and Arabile Gumede to discuss data security.
Persons: Todd McKinnon, Steve Sedgwick, Arabile Gumede
Read previewThe billionaire cofounder of LinkedIn, Reid Hoffman, slammed business leaders who support former President Donald Trump, arguing that a 2024 win for the Republican would actually be bad for the economy. He argues that a "robust legal system" is critical for American business to prosper because it keeps things in check. "But a robust, reliable legal system is not a given," Hoffman wrote. Others, Hoffman argues, believe Joe Biden would be even more dangerous to American business than Trump would. There's a growing number of business leaders who publicly support Trump.
Persons: , Reid Hoffman, Donald Trump, Hoffman, Donald Trump's, Trump, Stormy Daniels, Joe Biden, Bill Ackman, Nelson Peltz, Blackstone, Steve Schwarzman, Douglas Leone, Elon Musk, Biden Organizations: Service, LinkedIn, Republican, Business, Trump, Pershing, Capital Management
Online marketplace behemoth eBay said it plans to no longer accept American Express , citing what the company says are "unacceptably high fees" and that customers have other payment options to shop online. It's a notable blow to American Express, whose customers are often the most attractive among merchants and spend the most money per month on their cards. "After careful consideration, eBay has decided to no longer accept American Express globally effective Aug. 17 due to the unacceptably high fees American Express charges for processing credit card transactions," said eBay spokesman Scott Overland, in a statement. Overland said that eBay customers have become aware of new ways to pay for items, making payments more competitive than ever before, and AmEx was no longer a necessary partner for eBay. "We know that the vast majority of eBay customers are willing to use alternative payment options to continue enjoying buying and selling on our marketplace," Overland said.
Persons: It's, it's, Scott Overland, Overland, AmEx, cardmembers, Adam Isserlis, Steve Squeri Organizations: behemoth, American, American Express, Costco, eBay, Apple Pay, PayPal, Visa, Amazon, National Retail Federation, AmEx, Mastercard, Express Locations: U.S, Keefe
The astronauts Butch Wilmore and Suni Williams on their way to the Starliner spacecraft on May 6, before the launch was called off. “It almost feels unreal,” Ms. Williams replied. She was a test pilot in the U.S. Navy and has more than 3,000 hours flying 30 different aircraft. After a glitch-filled test flight in December 2019 with no crew aboard, delays shuffled the astronaut assignments. Indeed, none of the astronauts that NASA named in 2018 to fly on the test flight ended up being on it.
Persons: Butch Wilmore, Suni Williams, Wilmore, Williams, Neil Armstrong, Buzz Aldrin, Michael Collins, Ms, , ” Steve Stich, They’ve, ” Mr, Stich Organizations: Boeing, Kennedy Space Center, Johnson Space Center, U.S . Navy, NASA, Navy, Station Locations: Florida, Houston, Ohio, Massachusetts, Tennessee, Iraq, Bosnia
Former President Donald Trump will attend a private meeting with one of the most powerful business lobbying groups in Washington as he tries to craft an alliance with major corporate leaders. Joshua Bolten, the CEO of the Business Roundtable, confirmed in an email to members on Wednesday that Trump will be at the group's plenary meeting in Washington on June 13. The business group instead asked White House chief of staff Jeff Zients to come, according to Bolten's email. The Business Roundtable did not return requests for comment. Other members include JPMorgan Chase CEO Jamie Dimon, Carlyle Group CEO Harvey Schwartz, AT&T CEO John Stankey and Chevron CEO Mike Wirth.
Persons: Donald Trump, Joshua Bolten, Joe Biden, White, Jeff Zients, Zients, Biden, Bolten, Trump, Steve Schwarzman, Jamie Dimon, Harvey Schwartz, John Stankey, Mike Wirth, Chuck Robbins, Susie Wiles, Trump's, Paul Singer Organizations: Republican, Trump, Business, Blackstone, JPMorgan Chase, Carlyle Group, Chevron, Cisco Locations: New York City, Washington, New York, Charlottesville , Virginia, Florida
CNN —Boeing’s Starliner mission will make a third attempt at launching its first crewed flight test Wednesday in a milestone that has been a decade in the making. Veteran NASA astronauts Butch Wilmore and Suni Williams are set to ride aboard the Starliner capsule on a journey that takes them to the International Space Station. Cory S Huston/NASAIf Starliner successfully lifts off, the astronauts will spend just over 24 hours traveling to the space station. The station’s really designed to be a closed loop.”Now, the urine has to be stored onboard in containers, so Starliner’s anticipated arrival to the space station can’t come soon enough. This mission could be the final major milestone before NASA deems Boeing’s Starliner spacecraft ready for routine operations to deliver astronauts and cargo to the space station.
Persons: CNN —, Butch Wilmore, Suni Williams, Bill Nelson, , ” Nelson, Williams, Cory S Huston, Starliner, , Dana Weigel, Wilmore, Steve Stich, SpaceX —, Lockheed Martin, Tory Bruno, , it’s, Bruno Organizations: CNN, Atlas, Cape Canaveral Space Force, Veteran NASA, International Space, cumulus, Weather Squadron, NASA, Mercury, Gemini, Apollo, NASA’s, Space Station, SpaceX, Atlas V, United Launch Alliance, Boeing, Lockheed Locations: Florida, States, United States
But now, for a growing cohort of Gen Zers and millennials, it's their card, too. According to the company, millennials and Gen Z consumers made up 60% of its new customer acquisitions worldwide, and 75% of its new platinum and gold accounts were opened by millennial and Gen Z members. Related storiesAmex has implemented a number of tactics to pull off its youth revolution and cement its place as a status symbol among relatively affluent millennial and Gen Z consumers. For many young consumers, having an Amex rewards card is sort of like having a good, varied subscription service that runs them less than $60 a month. AdvertisementAll that aside, the Amex Platinum Card seems neat.
Persons: Gen Zers, youngs, it's, they'd, Amex, Zers, Gen X, Z, Steve Squeri, Jim Cramer, Gen Zs, Michael Miller, Uber, Miller, Daisy Hernandez, Guy, Stephen Biggar, Amex isn't, Chase Sapphire, I've, Emily Stewart Organizations: American Express, Express, Mastercard, Visa, American, CNBC, Morningstar Research, New York Times, Wall Street, Saks, Walmart, US, Argus Research, bodega, Business Locations: Coachella
The incredible oblivion of Judge Marvin Isgur
  + stars: | 2024-06-03 | by ( Dakin Campbell | ) www.businessinsider.com   time to read: +45 min
On a mild Houston day in March 2021, Judge Marvin Isgur prepared to oversee the only case on his docket that morning. In October 2023, the Fifth Circuit Court rebuked Judge David Jones but said that his longtime colleague, Judge Marvin Isgur, had been "unaware" of Jones' inappropriate relationship. "But only Judge Isgur knows what he knew or didn't know about the relationship." Much of this work was in cases before either Judge Isgur or Judge Jones. Isgur can continue to hear the case, he ruled, writing in the December 2023 opinion that lawyers for the creditor "failed to demonstrate much other than that former Judge Jones and Judge Isgur are close friends."
Persons: Marvin Isgur, David Jones, Jones, Elizabeth Freeman, Jackson Walker, Isgur, Michael Van Deelen, he'd, Freeman, Matthew Cavenaugh, Cavenaugh, Michael Van Deelen Van, Judge Jones, who'd, Steve Smith, Smith, Michael Lewis, Van Deelen, I'm, Van Deelen's, Tom Kirkendall, Gary Cruciani, Judge David Jones, Nancy Rapoport, University of Nevada Las Vegas William S, Kirkendall, " Jones, Trump, she's, Sarah, Porter Hedges, , — Elizabeth Freeman, John Higgins, Whitney Ables, Josh Wolfshohl, Amy Lucas, Porter, Wesley Steen, Fifth Circuit —, that's, Liz, Bruce Markell, it's, Judge William Greendyke, Lynn LoPucki's, Patricia Tomasco, Christopher Lopez, Manges, Greendyke, Albert Alonzo, Alonzo, Jones Isgur, Susan Tran Adams, Matt Cavenaugh, Veronica Polnick, Genevieve Graham, cookout, Graham, Tran, Christina Morrison, David, I, Neiman Marcus, J.C, Penney, Freeman hadn't, hadn't, Jim Wilkinson, Ellis, Kirkland, Ellis —, Veronica Polnick —, Polnick —, Elizabeth, COVID, Jackson, Kirkland Ellis, they'd, — Greendyke, Wilkinson, Judge Isgur, Mike Warner, Eduardo Rodriguez, Rodriguez, Isgur's, Judge Lopez —, Lopez, Alfredo Perez, Weil, Perez, Richard Schmidt, Jack Newsham Organizations: Business, Southern District of, McDermott International, Southern, Houston, Fifth Circuit, Appeals, Department of Justice, Fifth, University of Nevada, Boyd School of Law, Circuit, University of Houston, American Bankruptcy Institute, Emory Law School, Emory, Facebook, Big Law, Reuters, Bloomberg, Northwestern's Pritzker School of Law, Enron, LinkedIn, Southern District of Texas, Judicial Conference, Texas, Chesapeake Energy, Big, Kirkland, Cavenaugh, UPS, Technologies, Candy Club, Omni, Norton Rose, GWG Holdings Inc, Brands, Southern District's, Southern District, US, Former Locations: Texas, Southern District, Southern District of Texas, Houston, New Orleans, United States, University of Nevada Las Vegas, Kirkendall, Galveston, Carolina, Porter, Harris, Nevada, Southern District of Texas , Delaware, New York, Delaware, Weil, Southern, disgorge, Sorrento, Corpus Christi, prefacing
The astronauts Butch Wilmore and Suni Williams on their way to the Starliner spacecraft on May 6, before the launch was called off. “It almost feels unreal,” Ms. Williams replied. She was a test pilot in the U.S. Navy and has more than 3,000 hours flying 30 different aircraft. After a glitch-filled test flight in December 2019 with no crew aboard, delays shuffled the astronaut assignments. Indeed, none of the astronauts that NASA named in 2018 to fly on the test flight are on the upcoming test flight.
Persons: Butch Wilmore, Suni Williams, Wilmore, Williams, Neil Armstrong, Buzz Aldrin, Michael Collins, Ms, , ” Steve Stich, They’ve, ” Mr, Stich Organizations: Boeing, Kennedy Space Center, Johnson Space Center, U.S . Navy, NASA, Navy, Station Locations: Florida, Houston, Ohio, Massachusetts, Tennessee, Iraq, Bosnia
CNN —Boeing’s Starliner is aiming to launch its crewed maiden voyage Saturday, a mission that has been a decade in the making. Boeing Crew Flight Test mission goalsAfter reaching orbit, the Starliner crew capsule carrying Wilmore and Williams will separate from the Atlas V rocket and fire its own engines. Starliner is expected to spend more than 24 hours traveling to the International Space Station, with docking anticipated to occur at 1:50 p.m. A series of delaysYears of development hang-ups, test flight problems and other costly setbacks have slowed Starliner’s path to the launchpad. And that’s why we determined that we could go fly with what we have.”During the launch countdown, mission teams will monitor the leak to see whether it increases.
Persons: CNN —, Mark Burger, SpaceX’s, Bill Nelson, Butch Wilmore, Suni Williams, , ” Nelson, Williams, Joe Skipper, Steve Stich, Wilmore, Stich, SpaceX —, , Mark Nappi, Starliner, ” Nappi, Nappi, ” Stich, Dana Weigel, ” Weigel, , Weigel, Mike Fincke, Butch, Suni, CNN’s Deblina Chakraborty Organizations: CNN, Atlas, Cape Canaveral Space Force, 45th Weather Squadron, NASA, Mercury, Gemini, Apollo, Boeing, Atlas V, International, SpaceX, United Launch Alliance, NASA’s, Space Station, Wilmore Locations: Florida, United States
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. While Silicon Valley has long been a liberal hub, Trump has been courting the big-pocketed tech executives and venture capitalists there. Others, like venture capitalist Marc Andreeson and Rabois, have not announced their support for Trump but have criticized Biden. The members of the monied West Coast class throwing their support behind Trump are mirroring some Wall Street counterparts. AdvertisementOf course, the growing number of influential Silicon Valley voices supporting Trump — Sacks and Palihapitiya have their popular podcast, Musk has his an entire social media platform — are not representative of many of the area's wealthy inhabitants.
Persons: , Shaun Maguire, Donald Trump —, Maguire, Hilary Clinton, David Sacks, Elon Musk, Keith Rabois, Trump, Chamath, Sacks, week's Trump, Biden, Musk, Marc Andreeson, Steve Schwarzman, he'd, Bill Ackman, Trump — Sacks, Palihapitiya, Marissa Mayer, Vinod Khosla Organizations: Service, Trump, Business, Silicon Valley, Big Tech, Blackstone, Biden Locations: Sequoia
To many Americans, the 2024 election is an unwelcome contest between the felonious and the frail. Voters hear democracy is at risk, which is true but is also another potential reason for disillusionment. Yet the stakes of their choice for the basic public policies that shape their lives are huge, if less discussed. And should the permanent corporate tax cuts in that bill be kept in place even as it has become clear how little these business goodies have done for the economy? Worse, the Trump tax package will exacerbate a fiscal crisis for programs like Social Security and Medicare that are highly popular, including among Republicans.
Persons: Donald Trump, Trump, Steve Scalise Organizations: Republican House, Trump, Social Security Locations: United States
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