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☆ Trump delivers fiery post-indictment speech: 'They're coming after you'
▼ + stars: | 2023-06-10 | by ( Matt Dixon | ) www.cnbc.com time to read: +8 min

They're coming after you — and I'm just standing in their way," Trump said. The indictment alleged that Trump not only withheld classified documents but lied to federal agents and investigators about his involvement. Another person in attendance was the conservative Trump ally Rep. Marjorie Taylor, R-Ga., whom the former president brought onstage for brief remarks. He said the details of the Trump indictment were "devastating." Trump was also set to speak at the North Carolina Republican Party's annual convention on Saturday night.

Persons: Donald Trump's, Trump, — Donald Trump's, they're, They're, Biden, Jack Smith, Smith, Joe Biden, Brian Kemp, Brad Raffensperger, Raffensperger, Kemp, Burt Jones, Marjorie Taylor, —, Kari Lake, That's, Ron DeSantis, Hunter, DeSantis, Chris Christie, Sen, Mike Rounds, Mike Pence Organizations: Newark International Airport, Biden administration's weaponized Department, Injustice, Georgia Republican, Columbus Convention, Trade Center, Trump, Justice Department, FBI, DNC, Republican, Fox News Saturday, Gov, Army, Arizona, Georgia Republicans, National Rifle Association, New, Republicans, North, North Carolina Republican Locations: Newark , N.J, Georgia, North Carolina, COLUMBUS, Chattahoochee, Columbus, Trump, Miami, Florida, New Jersey, America, New York, Iowa

☆ Trump set to deliver fiery post-indictment speech: 'They're coming after you'
▼ + stars: | 2023-06-10 | by ( Matt Dixon | ) www.cnbc.com time to read: +7 min

"In the end, they're not coming after me, they're coming after you -- and I'm just standing in their way," Trump will say, according to his prepared remarks. The indictment alleges Trump not only withheld classified documents but lied to federal agents and investigators about his involvement. "The weaponization of federal law enforcement represents a mortal threat to a free society," Florida Gov. He said the details of the Trump indictment is "devastating." Trump was also set to speak at the North Carolina Republican Party's annual convention on Saturday night.

Persons: Donald Trump's, Trump, — Donald Trump's, they're, Jack Smith, Joe Biden, Brian Kemp, Brad Raffensperger, Kemp, Raffensperger, Burt Jones, Biden, Kari Lake, That's, Ron DeSantis, Hunter, DeSantis, Chris Christie, Sen, Mike Rounds, Mike Pence Organizations: Newark International Airport, Georgia Republican, Columbus Convention, Trade Center, America, FBI, DNC, Trump, Republican, Fox News, Gov, Arizona, Georgia Republicans, National Rifle Association, Department, Justice, New, Republicans, Department of Justice, North, North Carolina Republican Locations: Newark , N.J, Georgia, North Carolina, COLUMBUS, Chattahoochee, Columbus, Trump, State, Miami, Florida, New Jersey, America, New York, Iowa

☆ Republican primary candidates tap-dance around second Trump indictment charges
▼ + stars: | 2023-06-09 | by ( Gregory Krieg | ) edition.cnn.com time to read: +9 min

For his rivals, though, the campaign has been frozen in place, with Trump again seizing the spotlight and relegating them to supporting roles. So when word of the indictment broke, DeSantis sprinted to Trump’s corner – along with the loyalists he is ultimately hoping will break for him. Look, look at this.”Among the 2024 field, DeSantis and longshot primary candidate Vivek Ramaswamy emerged overnight as Trump’s most ardent defenders. Ahead of a new ad launch, its first of the 2024 primary, a senior adviser to the group said the new indictment furthered Christie’s political case against Trump. “While Donald Trump is entitled to the presumption of innocence, the ongoing criminal proceedings will be a major distraction,” Hutchinson said.

Persons: Donald Trump –, –, Trump, Ron DeSantis, Justice “ weaponized ”, Joe Biden, Donald, DeSantis, ” DeSantis, Clinton, Hunter, Biden, Trump’s, Attorney Alvin Bragg, ” Trump, Vivek Ramaswamy, Ramaswamy, ”, Mike Pence, Hugh Hewitt, “ We’re, ” Pence, “, Pence, General Merrick Garland, Nikki Haley, ” Haley, Haley, South Carolina Sen, Tim Scott, demurred, ” Scott, Chris Christie, ” Christie, Colin Reed, Asa Hutchinson, Donald Trump, ” Hutchinson Organizations: CNN, Trump, Florida Gov, Department, Justice, Republican, Republican Party, Manhattan, Attorney, Justice Department, FBI, United Nations, South Carolina Gov, Fox, Department of Justice, Former New Jersey Gov, “, GOP, Arkansas Gov Locations: Florida, Iowa’s, New York City, “, South Florida, Iran, ”, South Carolina, Arkansas

☆ Conservative boycotts against Target and Bud Light are working thanks to a 'perfect storm' of social media and culture wars, experts say
▼ + stars: | 2023-06-03 | by ( Avery Hartmans | Natalie Musumeci | ) www.businessinsider.com time to read: +7 min

Experts say the boycotts work thanks to the culture wars and panic-stoking online and in the media. Bud Light was the target of social-media outcry in April after it partnered with the trans influencer and TikTok star Dylan Mulvaney. Bud Light owner Anheuser-Busch said that several of its facilities had received threats following the weeks of backlash against its brands. Like Bud Light, Nike also partnered with Mulvaney, but that outrage cycle seemed to blow over quickly. "Well, you know what, the next company is gonna say, 'We don't want to be Bud Light or Target.

Persons: —, Bud Light, Dylan Mulvaney, Disney, Ron DeSantis, Joe Raedle, Lawrence Glickman, Glickman, Bud, Busch, Brian Cornell, Scott Olson, Vanitha Swaminathan, Republican Sen, Ted Cruz, Cruz, Ari Drennen, Drennen Organizations: Service, Target, Florida Gov, American Studies, Cornell University, Consumer, Bud Light, Anheuser, Survey, Carey School of Business, Arizona State University, Cornell, Nike, Mulvaney, Katz, Branding, University of, Republican, Disney, Media Matters Locations: Target, America, Patagonia

☆ How Chick-fil-A became a target for going ‘woke’
▼ + stars: | 2023-06-02 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

It joins a growing list of companies that right-wing media and conservatives on social platforms have chastised for so-called “woke” marketing. But Chick-fil-A is an unusual target for the right wing because of the company’s conservative bona fides. The fact that Chick-fil-A has been trending online and the subject of conservative media news segments shows the power that a few people with large social media followings can have. Chick-fil-A says it is “committed to being better at together.”“Our founder, Truett Cathy, believed that ‘a great company is a caring company,’” Chick-fil-A notes on its DEI web page. In 2012, former Chick-fil-A President Dan Cathy spoke out against America’s legalization of same-sex marriage, which sparked boycotts from the left.

Persons: New York CNN —, Joey Mannarino, Charlie Kirk, Ian Miles Cheong, What’s, Erick McReynolds, Chick, who’s, “, ” “, Truett Cathy, ’ ”, McReynolds, Dan Cathy, It’s, Bud Light, Dylan Mulvaney, Bud Light’s, ”, Matt Walsh Organizations: New, New York CNN, DEI, Inc, Target, Anheuser, Beer Business, Twitter Locations: New York, statehouses

☆ Stan Grant: ABC Australia apologizes to host as he steps away due to 'sickening' racist attacks
▼ + stars: | 2023-05-22 | by ( Michelle Toh | ) edition.cnn.com time to read: +4 min

He had spoken out Friday in an ABC column, detailing his recent experience of racist attacks and accusing his employer of not offering enough support. I am writing this because I will not have people depict me as a person of hate,” Grant wrote. “No one at the ABC — whose producers invited me onto their coronation coverage as a guest — has uttered one word of public support. As a member of the Australian Aboriginal community, Grant has been vocal about the country’s record on Indigenous rights. Earlier this year, the ABC lodged a complaint with Twitter about the racist comments published about him on its platform.

☆ US cities with military bases risk economic damage in debt ceiling fight
▼ + stars: | 2023-05-20 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

Washington, DC CNN —The United States could default on its debt in less than two weeks, and cities with a large military presence risk an economic firestorm if lawmakers don’t act. About a sixth of government spending goes toward national defense, a quarter of which is to pay military personnel, according to the Congressional Budget Office. If the United States can’t pay its national defense bills, cities with large military bases face a potentially massive fallout, encompassing missed payments, rising debt and a significant pullback in spending that would cut into local businesses’ bottom lines. That could further damage local economies grappling with financial market turbulence that could unfold even ahead of a possible default. Federal workers could get stuck pulling from their savings accounts or relying on credit to make everyday purchases, Mayo said.

The young Terao had just survived the world’s first nuclear attack. For Terao, the idea the world is hurtling back toward the nightmare he barely survived is incomprehensible. Terao points to a photograph showing Hiroshima before the atomic bombing and the house where he spent the first four years of his life. And yet, for a man who has survived an atomic bomb attack, the fact that the planet remains at risk of nuclear armaggedon is hard to live with. “I wonder If I’ll die without seeing a world without nuclear weapons,” he adds.

☆ Anheuser-Busch loses top LGBTQ+ rating over its Bud Light response
▼ + stars: | 2023-05-19 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +6 min

New York CNN —Last year, the Human Rights Campaign Foundation gave Bud Light parent company Anheuser-Busch a top rating for LGBTQ+ equality. Bud Light sales dropped in the ensuing weeks. Bud Light has been embroiled in controversy since April. But Bud Light hasn’t gotten the benefit of support for its initial deal with Mulvaney because of its subsequent reaction. During the discussion, he mentioned that Bud Light is just one brand within the company’s broad portfolio, which has not changed its full-year outlook.

☆ Goldman Sachs says A.I. could push S&P 500 profits up by 30% in the next decade
▼ + stars: | 2023-05-18 | by ( Clement Tan | ) www.cnbc.com time to read: +1 min

Over the next 10 years, AI could increase productivity by 1.5 percent per year. And that could increase S&P500 profits by 30 percent or more over the next decade, Goldman Sachs says. Goldman Sachs is bullish about artificial intelligence and believes the technology could help drive S&P 500 profits in the next 10 years. And that could increase S&P500 profits by 30% or more over the next decade," Goldman's senior strategist Ben Snider told CNBC Thursday. "A lot of the favorable factors that led to that expansion (of S&P 500) earnings seem to be reversing," Snider told CNBC on "Asia Squawk Box."

☆ Sex-assault survivors unleash firestorm after CNN let Trump try to re-victimize E. Jean Carroll at town hall
▼ + stars: | 2023-05-11 | by ( Laura Italiano | Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

A day after a jury found Trump sexually violated E. Jean Carroll, he mocked her as a "whack job" on CNN. CNN let Trump try to re-victimize his own sex-assault victim in front of millions, victim advocates said. Democratic New York Rep. Alexandria Ocasio-Cortez, who has said she is a survivor of sexual assault, slammed CNN's town hall with Trump as "shameful." "As a sexual assault survivor I'm disgusted with @CNN," tweeted @Irishrygirl. She explained how for many survivors of sexual assault the "pain" that comes with being disbelieved "is deeply harmful over and above the harms of sexual assault itself."

Federal prosecutors filed criminal charges against Rep. George Santos, CNN and ABC reported Tuesday. A rep for Santos didn't respond to Insider's request for comment. Santos was previously found to have lied about his background during his campaign. CNN reported they were filed under seal and that the New York congressman is expected to appear in federal court as soon as Wednesday. But the revelations about Santos' background convinced many Long Islanders — including local Republicans who had backed his candidacy — to call for his resignation.

☆ ProPublica: GOP megadonor paid private school tuition for grandnephew of Justice Clarence Thomas
▼ + stars: | 2023-05-04 | by ( Tierney Sneed | ) edition.cnn.com time to read: +6 min

CNN —A Texas billionaire and GOP megadonor paid boarding school tuition for Supreme Court Justice Clarence Thomas’ grandnephew, and the justice did not report the financial assistance for the child he helped raised on his annual disclosures, according to a new ProPublica report – the latest revelation raising ethical questions around the high court. The ProPublica report on Thursday revealed that the billionaire Harlan Crow paid tuition for Mark Martin, who lived with Thomas’ family as a child and for whom the justice became a legal guardian. ProPublica cited a 2009 bank statement and an interview with a former administrator at the Georgia boarding school Martin attended. The former administrator at the school, Hidden Lake Academy, told ProPublica that Crow paid for Martin’s tuition for the year or so Martin was at the boarding school. The administrator said, according to ProPublica, that he had been told by Crow that Crow also paid for Martin’s tuition at another school, the Randolph-Macon Academy in Virginia, which is Crow’s alma mater.

☆ Bud Light wanted to market to all. Now, it's alienating everyone
▼ + stars: | 2023-05-01 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +10 min

New York CNN —For years, Bud Light leaned on jokey ad campaigns and its designation as a light beer to push sales. Now, Bud Light finds itself seeking younger drinkers, and stumbling through America’s polarized landscape in the process. There have been calls for a Bud Light boycott. And the stock of Bud Light owner Anheuser-Busch (BUD) has fallen only about 3% in the last month, suggesting Wall Street isn’t too worried. Bud Light, he thinks, could be missing out on that type of support.

☆ This Supreme Court is slow to issue rulings — glacially slow
▼ + stars: | 2023-04-30 | by ( Lawrence Hurley | ) www.cnbc.com time to read: +6 min

WASHINGTON, DC - APRIL 19: The Supreme Court of the United States, on Wednesday, April 19, 2023 in Washington, DC. (Kent Nishimura / Los Angeles Times via Getty Images)WASHINGTON — Back in 1923, the Supreme Court had issued 157 rulings by May 1 in a term that started the previous fall. Nevertheless, the slow pace at which rulings have been issued this term has started to attract scrutiny from court watchers. In both 2022 and 2021, the court had decided 25 cases by May 1, according to Feldman. Court experts differed on whether the crunch would have any impact on how the court actually decides cases.

☆ Rubio warned politicians against going after companies for 'political purposes' after Disney sued DeSantis
▼ + stars: | 2023-04-28 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Marco Rubio said lawmakers should avoid looking like they are going after companies for "political purposes." Disney has sued Florida Republican Gov. Fox host Brian Kilmeade asked Rubio about comments by some Republicans, who criticized DeSantis for targeting the company. Disney sued DeSantis, who is widely expected to run for president, on Wednesday, saying that the governor was trying to "weaponize government power" by targeting the company. But when it comes to Disney, Rubio said he doesn't think the company is going to leave Florida.

☆ Justice Alito says he has a 'pretty good idea' who leaked the draft opinion overturning Roe v. Wade but doesn't have the proof to name them publicly
▼ + stars: | 2023-04-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Justice Alito claims to have a "good idea" who leaked the draft opinion overturning Roe v. Wade. He went on to argue that the leak made the justices who had signed onto the draft opinion "targets of assassination." The leak of the draft opinion — besides infuriating those who favor abortion rights — caused a political firestorm of its own at the time. Furthermore, Justice Alito has himself been accused of leaking the outcome of Supreme Court deliberations before. But when asked about the theory that someone on the right leaked the draft, Alito strongly rejected that notion.

☆ BMW’s Mini apologizes after meltdown over ice cream at Shanghai auto show
▼ + stars: | 2023-04-21 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —BMW has landed in hot water in China over tubs of ice cream. The luxury German automaker’s Mini Cooper unit had to apologize repeatedly after being accused of discrimination against Chinese visitors when handing out free ice cream at the Shanghai auto show this week. Reserved for staffOn Friday morning, Mini China issued another apology, saying the Westerners in the videos who got the ice cream were its staff members. The company said it handed out 300 tubs of ice cream per day to visitors at its booth on Tuesday and Wednesday. It called for the public to be more understanding of the two female Chinese workers who handed out the ice cream, saying they were young and inexperienced.

☆ Clarence Thomas' billionaire benefactor Harlan Crow has also spent thousands boosting Ted Cruz, Marco Rubio, and an anti-Trump super PAC
▼ + stars: | 2023-04-11 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

They include Marco Rubio's 2016 presidential campaign, major Senate campaigns, and an anti-Trump PAC. The Texas billionaire also gave $50,000 in 2015 to "Right to Rise," a super PAC associated with Jeb Bush. Senate super PAC spendingIn addition to being a major super PAC spender at the presidential level, Crow has given thousands to outside spending groups supporting the party's Senate candidates over the years. He also gave $50,000 to "Show Me Values PAC," a super PAC set up to prevent the scandal-plagued former Gov. And in 2016, he gave $55,000 to "Let America Work," a super PAC boosting Sen. Ron Johnson against former Democratic Sen. Russ Feingold.

☆ A gag order for Donald Trump is 'extremely likely' once he's before a judge, legal expert says
▼ + stars: | 2023-03-31 | by ( Nicole Gaudiano | Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

But once he's arraigned, it's "extremely likely" he'll be put under a gag order, one expert said. But the judge is likely to issue a gag order on the lawyers from both sides, along with Trump, he said. If there's a gag order, Levin said Trump will be "very limited" in what he's able to say, even if there may be proxies who speak for him. Former Indiana Attorney General Jeff Modisett said he also expected that a judge could narrowly craft a gag order that could survive an appeal. "Theoretically, a litigant who breaks a gag order could be thrown in jail," he said.

☆ Morning Bid: Central banks try to see through stress
▼ + stars: | 2023-03-23 | by ( ) www.reuters.com time to read: +4 min

A look at the day ahead in U.S. and global markets from Mike DolanEven with a nod to greater banking stress, the major central banks all seem determined to tighten the monetary screw another notch. With Treasury Secretary Janet Yellen's pushback against suggestions of a blanket insurance of all U.S. banking deposits unnerving investors again after the Fed decision, few believe the financial stress has fully dissipated. Even though stock markets swooned after the Yellen comments on Wednesday, S&P500 futures were back up smartly ahead of Thursday's open. European bourses and banking stocks were only a touch lower in the face of the latest European rate rises. The dollar hit its lowest since early February but regained its footing ahead of the U.S. open and BoE decision.

☆ Where is Silicon Valley's J. Pierpont Morgan?
▼ + stars: | 2023-03-17 | by ( Anita Ramaswamy | ) www.reuters.com time to read: +3 min

After withdrawals lashed the banking system in 1907, financier J. Pierpont Morgan corraled his peers into using their own money to calm the crisis. The contrast with Silicon Valley – which is also embroiled in the ongoing firestorm – couldn’t be more stark. Startup and technology firms’ cash crunch precipitated the fall of Silicon Valley Bank and its parent SVB Financial (SIVB.O), which in turn sparked panic in the financial system. Silicon Valley is fragmented and built on an individualistic ethos. Real, toothsome regulation might force Silicon Valley’s great minds to realize how interconnected their ecosystem is.

☆ Why Silicon Valley Bank's customers were bailed out
▼ + stars: | 2023-03-13 | by ( Alistair Barr | ) www.businessinsider.com time to read: +6 min

Regulators shut down Silicon Valley Bank on Friday and halted account withdrawals. Why did Silicon Valley Bank collapse? This social media firestorm created a bank run where SVB customers raced against each other to pull money from the bank. Did the government bail out Silicon Valley Bank? Will people get their money back from Silicon Valley Bank?

☆ 'Flamin' Hot' producer DeVon Franklin reveals why he tapped Eva Longoria to direct the film and why he's unfazed by questions over whether it's true to the origins of the fiery Cheetos flavor
▼ + stars: | 2023-03-13 | by ( Reed Alexander | ) www.businessinsider.com time to read: +11 min

The movie "Flamin' Hot" celebrates Mexican heritage and the invention of Flamin' Hot Cheetos. Impressed with the unlikely entrepreneur, Enrico gave it a try — and thus, Flamin' Hot Cheetos were born, and Montañez's career took off. "Flamin' Hot" stars actor Jesse Garcia as Richard Montañez. Eva Longoria directed the new film "Flamin' Hot." The LA Times article, amongst journalists and amongst this small group of people, may get some traction.

☆ With 'Flamin' Hot' movie set to premiere at SXSW, its producer tackles claims about the central character's role in creating the spicy Cheetos flavor and reveals how Eva Longoria won the director job
▼ + stars: | 2023-03-10 | by ( Reed Alexander | ) www.businessinsider.com time to read: +11 min

The movie "Flamin' Hot" celebrates Mexican heritage and the invention of Flamin' Hot Cheetos. An LA Times report raised doubt about the role of the film's protagonist, Richard Montañez, in creating the flavor. Impressed with the unlikely entrepreneur, Enrico gave it a try — and thus, Flamin' Hot Cheetos were born, and Montañez's career took off. Eva Longoria directed the new film "Flamin' Hot." The LA Times article, amongst journalists and amongst this small group of people, may get some traction.

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