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Republican presidential candidate, former U.S. President Donald Trump speaks at a campaign rally at the Liacouras Center on June 22, 2024 in Philadelphia, Pennsylvania. The Supreme Court is poised Monday morning to release the final opinions of its term — including a ruling on whether former President Donald Trump is immune from criminal prosecution on federal election interference charges. The decision by the high court, whose six-seat conservative majority includes three members nominated by Trump, will determine the fate of the high-stakes criminal case brought by special counsel Jack Smith. Trump is charged in a four-count indictment with illegally conspiring to overturn his loss to President Joe Biden in the 2020 presidential election. The case in Washington, D.C., federal court has been on pause while Trump argues that he is immune from prosecution for any official acts he performed while he was president.
Persons: Donald Trump, Trump, Jack Smith, Joe Biden Organizations: Liacouras Center, Washington , D.C Locations: Philadelphia , Pennsylvania, Washington ,
The expected demand from data centers and electric vehicles in the U.S. is equivalent to the entire electricity demand of Turkey, the world's 18th largest economy, according to Rystad. NextEra Energy , parent of Skantze's subsidiary, is the largest power company in the S&P utilities sector by market capitalization and it operates the biggest portfolio of renewable energy assets in the nation. They need this load to drive the next iteration of growth," Skantze told the Reuters Global Energy Transition conference in New York City this week. 'Energy security brings national security'Southern Company , the second-largest utility in the U.S. by market cap, is also seeing a historic wave of electricity demand. "You're also seeing in the Southeast, this incredible population growth and you're seeing all this onshoring with manufacturing."
Persons: Patrick T, Fallon, Surya Hendry, Petter Skantze, Skantze, John Ketchum, Ketchum, Chris Womack, Womack Organizations: Afp, Getty, Rystad Energy, Google, Microsoft, Meta, NextEra Energy Resources, NextEra Energy, Reuters, Energy, NextEra, Southern Company Locations: Los Angeles, U.S, Turkey, New York City, Atlanta, CBRE
Read previewThe last time my husband and I visited an adults-only, all-inclusive resort was over a decade ago. Here's what it was like to stay at an all-inclusive resort as a sober person, and how I navigated my husband's decision to drink alcohol while I abstained. AdvertisementThere were as many alcohol-free options at the resort as alcoholicTerri Peters found there were plenty of non-alcoholic options while on vacation at an all-inclusive resort. A pro tip for non-drinkers traveling to an all-inclusive resort? Courtesy Terri PetersTough conversations aside, my husband and I grew closer as a couple on our all-inclusive trip.
Persons: , I've, Vincent, Terri Peters, tipsy, It's Organizations: Service, Business Locations: St, Grenadines, Caribbean
Related stories"Something terrible happens to one of these candidates once every two weeks — usually Trump," Grose said. Justin Sullivan/Getty ImagesSCOTUS surprisesLess than 24 hours after the debate, the Supreme Court handed down two major decisions, which, at first glance, appeared to be more good news for Trump. On Friday, legal experts told Business Insider that the decision was good news for Trump's legal prospects. It could remind voters unhappy with the Supreme Court's conservative drift that another Trump term could mean more Trump SCOTUS appointees. Undecided voters with strong opinions on abortion and January 6 could be turned off by Trump's Supreme Court appointees and their increasingly conservative rulings, he suggested.
Persons: , Donald Trump, Joe Biden, Trump, Biden, Christian Grose, Grose, it's, David Triana, Justin Sullivan, SCOTUS, Jack Smith's, Triana Organizations: Service, Republican, Supreme Court, Trump, Business, Biden, University of Southern, Conservatives, Department of Justice, Trump's, Court Locations: University of Southern California, Trump
A general view of the U.S. Supreme Court building in Washington, U.S., June 1, 2024. WASHINGTON — The Supreme Court on Friday overturned a 40-year-old precedent that has been a target of the right because it is seen as bolstering the power of "deep state" bureaucrats. It is the latest in a series of rulings in which the conservative justices have taken aim at the power of federal agencies. The ruling was 6-3 with the conservative justices in the majority and liberal justices dissenting. The Trump administration had embraced the war on "deep state" agency power, selecting judicial nominees in part based on their hostility to the federal bureaucracy.
Persons: WASHINGTON —, Chevron, John Roberts, Elena Kagan, Reagan, Magnuson, Trump, Gorsuch, Kavanaugh, Barrett, Joe Organizations: U.S, Supreme, WASHINGTON, Chevron, Natural Resources Defense, Liberal, Republican, Democratic, National Marine Fisheries Service, Stevens Fishery Conservation, Management, Trump Locations: Washington , U.S, New England
Tim Milgram is a veteran of the Los Angeles dance community. I started putting this all together: Wow, this seems to go really, really far back: This isn't just about 7M management. Courtesy of Tim MilgramYou had been well-acquainted with Isaiah and even met the Shinn family. And what a successful thing Isaiah was doing, I applauded it. My origin is filming dance, being a dancer, and providing a physical space for people to train and to find community.
Persons: Tim Milgram, Isaiah Shinn, he'd, Milgram, Shinn, Konkrete, Melanie Wilking, Miranda, Shekinah, Robert Shinn, Isaiah, I'd, Briana Frapart, We're, I've, Melanie, Jessica, Acevedo, Nobody, there's, Robert, That's, it's, I'm, It's Organizations: Service, 7M Films, Business, Netflix, Variety Locations: Los Angeles, Angeles
Then, according to Hockett, the case would be heard by an administrative court. Straight to federal court. "These two rulings largely amputate the two most important arms that our regulatory agencies use every day in overseeing our industrial economy," Hockett said. AdvertisementIn overturning the Chevron doctrine in a 6-3 decision, the high court has hamstrung federal agencies' regulatory powers. Panuccio said that he supported the decisions and called them "important checks on administrative power."
Persons: , Elena Kagan, Robert Hockett, SCOTUS, Friday's, Hockett, John Roberts, Roberts, Jonathan Siegel, Siegel, Jarkesy, It's, Rachel Weintraub, Weintraub, Jesse Panuccio, Trump, Panuccio Organizations: Service, United States, Securities, Exchange, Business, Cornell University, Environmental Protection Agency, EPA, Chevron, Natural Resources Defense Council, SEC, George Washington University, Coalition, Sensible Locations: North America
The Supreme Court on Friday overturned a decades-long legal precedent that has empowered the federal government to regulate the environment and other issues, unleashing a potential threat to President Joe Biden's climate policies. The court overruled the Chevron doctrine, one of the most important principles guiding federal regulation for the past 40 years. Last year, the Supreme Court significantly narrowed how many wetlands EPA can regulate to keep them clean. How did this case end up at the Supreme Court? They argued the Chevron doctrine injures small businesses and individuals who have little power to influence federal agencies.
Persons: Joe Biden's, Chevron, John Roberts, Joe Biden, Biden, Raimondo, Charles Koch Organizations: Service, Business, Environmental Protection Agency, Republican, Bright Enterprises, Inc, Department of Commerce, Action Institute, Chevron, Appeals, District of Columbia Circuit, National Marine Fisheries Service Locations: Chevron
The Supreme Court on Friday rejected the final effort by former top Trump White House aide Steve Bannon to avoid reporting to jail next week for defying a subpoena from the House committee investigating the Jan. 6, 2021, Capitol riot. Bannon, 70, must begin his four-month jail term on Monday. The onetime top advisor to then-President Donald Trump had asked the Supreme Court on June 21 to pause his prison surrender date pending his efforts to appeal his sentence. An attorney for Bannon did not immediately respond to CNBC's request for comment on the court's order Friday afternoon. Bannon was convicted on two counts of contempt of Congress in federal court in Washington, D.C., in July 2022.
Persons: Stephen Bannon, Steve Bannon, Bannon, Donald Trump Organizations: White House, Trump White House, Capitol, Chief, Washington , D.C Locations: Washington , U.S, Washington ,
Read previewThe Supreme Court on Friday ruled that it's constitutional for local governments to make it illegal to sleep in public places, even when there isn't sufficient shelter space. The case — City of Grants Pass v. Johnson — is the most consequential the court has decided dealing with homelessness in decades. AdvertisementThe Supreme Court ruled that laws regulating sleeping in public places don't constitute cruel and unusual punishment. Homeless rights activists held a rally outside the U.S. Supreme Court on April 22, 2024, the day the court heard oral argument in City of Grants Pass, Oregon v. Johnson. An increasing number of cities and states across the country have passed laws — often anti-camping ordinances — similar to that in Grants Pass.
Persons: , Johnson —, Justice Neil Gorsuch, Johnson, California —, Gorsuch, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Kevin Dietsch, Gavin Newsom, Newsom, Ron DeSantis, Jesse Rabinowitz Organizations: Service, Business, Circuit, Homeless, U.S, Supreme, Democratic, California Gov, Gov, National Homelessness Law Center Locations: Grants, Grants Pass , Oregon, Martin v, Boise, California, City, Grants Pass, Oregon, Florida
Read previewRetailers have new friends in their battle to steal ad dollars from Amazon: Meta and Google. And Kroger inked a deal to sell targeted Meta ads for grocery-focused brands. Instacart is working with YouTube to let advertisers target ads based on someone's shopping behavior on Instacart. Kroger Precision Marketing's Pratt said that Kroger is also pitching Meta ads to social advertisers as performance ad formats. Advertisers typically buy social ads to increase big branding goals like awareness, but retailers want to prove that social ads also drive sales.
Persons: , Kroger, Ross Walker, Walker, Andrew Lipsman, Cara Pratt, Instacart, Shopify, Andrius Baranauskas, Baranauskas, Marketing's Pratt, Lipsman Organizations: Service, Google, Meta, Business, Amazon, Retailers, Media, Kroger, Marketing, Kroger Precision Marketing, YouTube Locations: Canada, Acadia, Shopify
Related storiesReynolds had also asked for the court to order Keaau Development and PJ's Construction to restore the plot of land to its original state. To build the house, PJ's Construction had bulldozed the lot, which "removed all of the previously standing native vegetation," Kim wrote. AdvertisementAs well as building the house, PJ's Construction also installed a septic tank and a catchment water system. The companies had "seriously disturbed the peaceable use, enjoyment, and possession of real property," Kim wrote. AdvertisementBusiness Insider was not immediately able to contact lawyers for PJ's Construction, and did not immediately receive a response from Keaau's attorney.
Persons: , Anne, Reynolds, Patrick John Lawrence , Jr, Robert D, Kim, Anne Reynolds, James D, DiPasquale Organizations: Service, Business, Keaau, BI, PJ's Locations: Hawaii, California, Paradise
The Supreme Court ruled Friday that a statute used against the January 6 attackers was applied too broadly. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. AdvertisementThe Supreme Court on Friday ruled that the obstruction statute used to prosecute the January 6, 2021, defendants was employed too broadly by the Department of Justice.
Persons: , SCOTUS, John Roberts Organizations: Trump, DOJ, Service, Department of Justice, Business
Birds fly outside the U.S. Supreme Court on the day justices issue orders in pending appeals in Washington, U.S., June 24, 2024. Republican lawmakers and the U.S. Chamber of Commerce praised the Supreme Court decision Friday overturning the so-called Chevron Doctrine, which for four decades led judges to defer to how federal agencies interpreted a law when its language was not clear. GOP lawmakers said the 6-3 decision by the Supreme Court undid a precedent that they argued had unjustly strengthened the power of unelected government officials. "After forty years of Chevron deference, the Supreme Court made it clear today that our system of government leaves no room for an unelected bureaucracy to co-opt this authority for itself," McConnell said. "It's a huge blow to the administrative state in Washington, D.C. No one elects bureaucrats to make these decisions," Cotton said of the decision, which overturned the Supreme Court's ruling in 1984 in a case known as Chevron v. Natural Resources Defense Council.
Persons: Mitch McConnell, McConnell, Suzanne Clark, Clark, Jeff Holmstead, Bracewell, Holmstead, Chevron, Sen, Tom Cotton, Raimondo, Cotton Organizations: U.S, Supreme, Republican, U.S . Chamber, Commerce, GOP, Air, Environmental Protection Agency, Fox News, Loper Bright Enterprises, Constitutional, Chevron, Natural Resources Defense Locations: Washington , U.S, Ky, Washington ,
Climate advocates and business groups are closely watching the US Supreme Court this week. The court could issue a ruling that sharply curtails the federal government's power to regulate the environment, including President Joe Biden's climate policies. Legal experts say the Supreme Court, with its conservative majority, is likely to overturn or significantly limit the Chevron doctrine. Meanwhile, he added, administrative lawyers have been preparing for this very scenario at the Supreme Court. Biden's EPA hasn't relied on the Chevron doctrine to defend its climate rules.
Persons: Joe Biden's, Charles Koch, Chevron, Biden, isn't, Ronald Reagan, David Doniger, Reagan, Doniger, Obama, Neil Gorsuch, Elena Kagan, Trump Organizations: Service, Business, Action Institute, Environmental, Agency, Natural Resources Defense Council, Chevron, Trump, EPA, Republican, Supreme Locations: Chevron
A group of doctors join abortion rights supporters at a rally outside the Supreme Court on April 24, 2024 in Washington, DC. The court dismissed an appeal brought by Idaho officials, meaning a lower court ruling that allows doctors in the state to perform abortions in emergency situations remains in effect for now. The legislation, known as the Defense of Life Act, went into effect in 2022 when the Supreme Court rolled back Roe. The Supreme Court in January allowed Idaho to enforce the provisions while agreeing to hear oral arguments in the case. The emergency room dispute is one of two abortion cases the Supreme Court considered this term, both of which arose in the aftermath of the 2022 decision to overturn Roe.
Persons: WASHINGTON —, Ketanji Brown Jackson, Samuel Alito, Clarence Thomas, Neil Gorsuch, Alito, Biden, Amy Coney Barrett, Elena Kagan, Donald Trump, Roe, Wade, Lynn Winmill Organizations: WASHINGTON, Conservative, Liberal, Defense, Labor, U.S, Circuit, Supreme, Food Locations: Washington , DC, Idaho, U.S, San Francisco
People line up to get into the U.S. Supreme Court on the day where decisions ares expected to be handed down, in Washington, U.S., June 26, 2024. WASHINGTON — The Supreme Court on Thursday put new limits on the power of the Securities and Exchange Commission to enforce securities laws — the latest ruling in a series of cases that take aim at federal agencies. The court ruled 6-3 that adjudication of cases by in-house judges violates the right to trial by jury. The challenge zeroed in on how the SEC enforces securities laws, including those prohibiting insider trading. A three-judge panel of the New Orleans-based 5th Circuit U.S. Court of Appeals ruled against the agency, prompting the SEC to ask the Supreme Court to intervene.
Persons: WASHINGTON —, George Jarkesy, Elon Musk, Mark Cuban Organizations: U.S, Supreme, WASHINGTON, Securities and Exchange Commission, SEC, Circuit U.S Locations: Washington , U.S, New Orleans
Read previewThe US Supreme Court has struck down a $7 billion bankruptcy plan for Purdue Pharma that would have protected the Sackler family from further lawsuits — a ruling that could mean "chaos" for other big legal liability cases. The Sackler family, which ran Purdue, agreed to provide up to $6 billion in funding in exchange for immunity from further legal action. Anne Andrews, a leading bankruptcy lawyer for victims, predicted tumult if the Supreme Court struck down the Purdue plan in an interview with Business Insider ahead of the decision. Related stories"The U.S. Supreme Court got it right — billionaire wrongdoers should not be allowed to shield blood money in bankruptcy court," he said. Its plan, which would provide $2.5 billion, is currently on appeal in the Third Circuit Court of Appeals.
Persons: , Sackler, Anne Andrews, William Tong, wrongdoers, Johnson, Leigh O'Dell, Beasley Allen, J's Organizations: Service, Purdue Pharma, Purdue, Business, Sackler, U.S, Supreme, Justice Department, J, Boy Scouts of Locations: Boy Scouts of America
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. A San Mateo County judge on June 20 granted Dharmesh Patel's request to participate in a mental health diversion program, which would allow him to avoid a trial on charges of attempted murder. AdvertisementThe ability to participate in diversion programs — for juveniles, veterans, or defendants struggling with mental health diagnoses or substance abuse struggles — is an increasingly popular alternative to jail sentences across the US. Wagstaffe told BI the charges against Patel have now been suspended and if he successfully completes the two years of the diversion program, the charges would be automatically dismissed. Under California law, defendants are ineligible for the diversion program if they have been charged with other offenses, including murder, involuntary manslaughter, and rape."
Persons: , Tesla, Dharmesh, Steve Wagstaffe, Patel, Susan Jakubowski's, Jakubowski, Wagstaffe, Gavin Newsom Organizations: Service, Business, GPS, California Legislature Locations: California, Mateo County, San Mateo County, Northern California
A picture of a cartoon dog appeared on his X feed Thursday afternoon, briefly driving up Chewy shares as much as 34% to $39.10. Chewy shares surged on Thursday after meme stock leader Roaring Kitty posted a picture on social media platform X that resembles the logo of the online pet food retailer. There's also a strong connection between meme stock GameStop and Chewy. GameStop CEO Ryan Cohen was the founder and CEO of Chewy, who was instrumental in PetSmart's takeover of Chewy in 2017 and its subsequent initial public offering in 2019. He later took over as GameStop CEO in 2023, leading a turnaround in the brick-and-mortar video game retailer.
Persons: Kitty, Keith Gill, Chewy, Roaring Kitty, There's, Ryan Cohen, Cohen, Petco, Gill Organizations: GameStop, Chewy, Massachusetts Mutual Life Insurance Locations: Chewy
While the regional wildlife coordinator for Wyoming Game and Fish supported the proposal, Ricketts' neighbors were another story, the Nebraska Examiner said. That's what I kind of equate it to," one local told The Daily Beast about Ricketts at the time. "That's just not something that's ever going to be well received, whether it was Mr. Ricketts or the next billionaire with a big dream and a big plan." And in the end, Ricketts is getting his big dream and big plan — just not when he wants it. According to estimates at the town meeting, the hotel will now take six years to build rather than three.
Persons: , Joshua Coursey, Joe Ricketts —, Donald Trump, Ricketts, Forbes, Jackson, " Ricketts, Little Jackson, He's, Fish, Foundation's Coursey, Matthew Prince, Prince, Bill Gross, Dale Chihuly, Gross, Vinod Khosla, Coursey, That's Organizations: Service, Business, Foundation, Chicago Cubs, Wyoming, Nebraska Examiner, City, Daily Locations: Bondurant, Wyoming, Paramount's, Sublette County , Wyoming, Teton County, Los Angeles and New York, Northwest Wyoming, Sublette, Laguna Beach , California
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalmart's low price model and rollbacks make its merchandise appealing, says Jim Cramer'Mad Money' host Jim Cramer looks at mixed signals coming from the consumer space.
Persons: Jim Cramer
Fears among top corporate CFOs about shaky consumer demand have hit a six-quarter higher, according to the latest CNBC CFO Council survey, with the Q2 survey the first time since the beginning of 2023 that over half of CFOs cited consumer demand as the biggest external risk to their business. Consumer demand fears among CFOs have been rising in recent quarters, and match evidence from the market across sectors, with fast-food chains rushing out value menus and car dealers having more difficulty moving inventory. The 54% of CFOs who cited consumer demand as the biggest risk is up from 18% a year ago, and 37% last quarter. Last quarter, almost half of CFOs forecast a 10-year yield that would dip below 4% by the end of the year. But now, CFOs have pushed out their inflation view even further.
Persons: Walmart's, isn't, CFOs, Jerome Powell, it's, Donald Trump Organizations: CNBC, Food, Federal Reserve, Fed, Dow Jones, Biden
Bloomberg News first reported that a copy of the decision was briefly posted on the court's website and then removed. A Supreme Court spokesperson confirmed that something was inadvertently posted online but said the high court's final opinion remained unreleased. "The Court's Publications Unit inadvertently and briefly uploaded a document to the Court's website. The Court's opinion in these cases will be issued in due course." Related storiesIn the copy posted online, the court said it would allow for emergency abortions to continue in Idaho, Bloomberg reported.
Persons: , Moyle, Biden, Donald Trump's, Roe, Wade Organizations: Service, Bloomberg News, Business, Unit, Bloomberg, Biden Locations: Idaho, Moyle v, United States, Idaho's
Rep. Lauren Boebert won a GOP primary for a district she only moved into this year. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRep. Lauren Boebert managed to pull it off. The controversial congresswoman won a crowded GOP primary in Colorado's 4th congressional district on Tuesday, according to Decision Desk HQ and the Associated Press.
Persons: Lauren Boebert, , That's Organizations: GOP, Service, Associated Press, Business Locations: Colorado's
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