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Instead, JPMorgan increased its overweight recommendations on other emerging markets. Even after the change, JPMorgan still holds 18 China stocks in its global emerging markets model portfolio. The JPMorgan analysts said uncertainties about the China economic outlook range from tensions with the U.S. to "lingering deflation pressure." During three periods of escalating U.S.-China trade tensions in 2018 and 2019, the MSCI China index fell each time, according to JPMorgan China Equity Strategist Wendy Liu. As part of its China stock downgrade, JPMorgan added shares of state-owned utility operator CR Gas , while removing shares of PDD, China Construction Bank and Kingdee International.
Persons: Pedro Martins, Chetan Seth, Jake Sullivan, Kamala Harris, Joe Biden's, Harris, Donald Trump, Wendy Liu, ByteDance, — CNBC's Michael Bloom Organizations: JPMorgan, Wednesday, Sunday, Reuters, Nomura's, Nomura, JPMorgan China Equity, CR Gas, China Construction Bank, Kingdee International, Kuaishou Technology, Meituan, Hong Locations: China, U.S, Nomura's Asia, Japan, Beijing, PDD, Hong Kong, Thursday's
Now, the Justice Department is alleging that some of the biggest stars in right-wing social media were, unwittingly, part of a sinister Russian operation to influence the 2024 US election. What is Tenet Media? “Overt shilling”The Russians also pushed Tenet to promote videos that were going viral on social media, according to the indictment. Tenet Media has not responded to requests for comment and stopped posting content on Wednesday. After the 2016 US presidential election, congressional and federal investigations showed Moscow had successfully co-opted unwitting Americans to stage protests, run social media accounts and host events at its behest.
Persons: CNN — They’re, weren’t, Tim Pool, Benny Johnson, Lauren Southern, Tayler Hansen, Matt Christiansen, Dave Rubin, Johnson, MAGA influencers, Rubin, Glenn Beck’s, Enrique Tarrio, Jack Posobiec, Pool, Donald Trump, Donald Trump Jr, Christiansen, Lauren Chen, Liam Donovan, Chen, Donovan, , Donald Trump’s, Vladimir Putin, Viktor Orban, Evgenia Novozhenina, , Trump, Q, Justin Trudeau, Putin, Trudeau, Israel, ” Rubin, Eduard Grigoriann, “ Grigoriann, Tenet, Tucker Carlson, Carlson fawned, I’ll, Nina Jankowicz, , unvarnished ’, Renee DiResta, Donie O’Sullivan Organizations: CNN, Justice, Justice Department, Tenet Media, Kremlin, Vice Media, Independent, Young Turks, YouTube, Tenet, Google, Proud Boys, Blaze Media, Ukraine, The Justice Department, Republican Party, Trump, Democrats, , United, ISIS, Hungary's, Reuters “, Canadian, Hamas, FBI, Fox News, American Sunlight, Media, DOJ, Soviet, Stanford Internet Observatory Locations: Tennessee, Russia, Ukraine, , “ Ukraine, United States, Moscow, Russian, Colorado, American
(Photo Illustration by Justin Sullivan/Getty Images) Justin Sullivan | Getty ImagesCryptocurrency exchange Coinbase just wrapped up its worst week of the year. According to CoinGlass, September is historically a difficult trading month for crypto assets, with bitcoin notching an average loss of 4.8%. The Crypto Fear & Greed Index, a gauge of crypto market sentiment, is firmly in the "Extreme Fear" zone, indicating that investors are worried about price moves. On Friday, the Bureau of Labor Statistics reported a cooldown in the labor market with August payrolls falling short of expectations. Crypto equities hit hardestWhile it was a rough week for risky assets of all sorts, investors over-indexed in crypto stocks had it particularly bad.
Persons: Justin Sullivan, Schwab, CoinGlass, Bitcoin, payrolls, Leena ElDeeb, MicroStrategy, Michael Saylor, CleanSpark, Jerome Powell, Donald Trump, Trump, Gary Gensler Organizations: Securities, Exchange, Securities and Exchange Commission, Marathon, Nasdaq, bitcoin, Labor, of Labor Statistics, SEC, JPMorgan Chase, Federal Reserve, August's, U.S, Republican Locations: CALIFORNIA, San Anselmo , California, Bitcoin, U.S, MicroStrategy, Coinbase, Nashville
BOSTON — A Massachusetts man has been sentenced to 18 months in prison for threatening to kill a group of Asian Americans and repeatedly hitting one of them with his car. “This defendant targeted this man solely because he was Asian American. He yelled “go back to China” and threatened to kill them before repeatedly hitting one of them, a Vietnamese man, with his car. There had been a dramatic spike in verbal, physical and online attacks against Asian Americans and Pacific Islanders since the start of the coronavirus pandemic, which was thought to have originated in China. “There are bad people who do bad things and good people that do a bad thing,” the attorney wrote in the sentencing memorandum.
Persons: John Sullivan, Kristen Clarke, , Sullivan, , China ”, Jodi Cohen, ” Cohen, “ Jack Sullivan, Jack Organizations: BOSTON, Justice Department’s Civil Rights, American, Justice Department, Prosecutors, Asian Americans, Pacific Islanders, FBI, FBI Boston Field Office, NBC Asian Locations: A Massachusetts, Quincy, China, Massachusetts, NBC Asian America
Broadcom reported an earnings beat Thursday, driven by strong sales of its AI products and VMware software. We view Broadcom as one of the biggest AI beneficiaries through its networking and custom chip businesses. However, Broadcom generated $5.3 billion in free cash flow when excluding restructuring and integration cash costs in the quarter. The semi number is a slight miss versus expectations, and the difference is probably due to the non-AI business lines because AI sales are humming. Broadcom raised its full-year AI revenue forecast to $12 billion, up from prior guidance of over $11 billion.
Persons: Hock Tan, Tan, , Tan didn't, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Broadcom, VMware, LSEG, VMWare, Wall Street, Marvell Technology, Devices, Nvidia, Revenue, Apple, Management, CNBC Locations: Hock, American, San Jose , California
On Monday, Musk posted an AI-generated image on his social media platform that depicted Harris as a communist, wearing a red uniform complete with hammer and sickle emblazoned hat. ?”The image, which appeared to violate X’s policy on manipulated content, resembled an AI-generated image posted by Trump last month during the Democratic National Convention, envisioning Harris addressing a crowd under communist symbols. Musk’s post came a day after he shared another post with a screenshot suggesting that only “high status males” should be able to participate in government because women (and men with “low testosterone”) are not capable of critical thought. Musk posted it to his 196 million followers with the comment, “interesting observation.”An AI-generated image of Kamala Harris posted by Elon Musk on his social media platform, X. Since taking over the platform, Musk has touted X’s “community notes” feature as a way of transparently allowing crowd-sourced fact-checking misinformation on his platform.
Persons: CNN — Elon, Kamala Harris, Musk, Harris, Donald Trump, “ Kamala, Elon Musk, shouldn’t, Organizations: CNN, Democratic Party, Republican, Trump, Democratic National Convention, 4Chan, South, Twitter
The couple’s lifestyle brand, Malbon Golf, had been swept into a social media storm by an eye-catching Masters outfit donned by ambassador and former world No. Nicolas Malinauskas/Malbon GolfStarsThe duo launched Malbon Golf in 2017, with Stephen’s anthropomorphic ball character “Buckets” taking center stage as the brand’s logo. Ross Kinnaird / Getty Images Tom Holland: Part-time web-slinger, full-time golf swinger -- the "Spider-Man" lead is a self-confessed golf addict. Warren Little / Getty Images Stephen Curry: The three-point king of the NBA is also a highly-proficient par-three shooter. Jamie Squire/Getty ImagesFor Malbon Golf, it is simply the latest step in its aim to “condition” the golf world into accepting new styles in the game.
Persons: Stephen, Erica Malbon, Jason Day, Erica, Frank151, , ’ ”, , ’ ” Stephen, Nicolas Malinauskas, it’s, ” Erica, “ We’re, — there’s, ” Stephen, , Jimmy Choo, Dre, Vince Sirico, Justin Timberlake, Travis Scott, Q, Justin Bieber, Bieber, , , That’s, ” Adam Sandler, Sandler, Gilmore, Shooter McGavin, Christopher McDonald, Al Messerschmidt, Michael Jordan, Davis, Jordan, Isaac Brekken, JT strutting, Matt Sullivan, Catherine Zeta, Jones, Michael Douglas, Douglas, Ross Kinnaird, Tom Brady, Brady, Aaron Rodgers, Josh Allen, Patrick Mahomes, Carmen Mandato, Orlando Ramirez, Jessica Alba, tross, Xaume Olleros, Niall Horan, There's, Tom Holland, Warren Little, Stephen Curry, Isaiah Vazquez, Celine Dion, René Angélil, Dion, Sam Levi, Miles Teller, Alice Cooper, Cooper, Kathryn Newton, Newton, Ezra Shaw, Sandy Young, Little, Tiger Woods, Oscar Wilde’s, Woods, Jamie Squire, Allen Iverson Organizations: CNN, “ City of Angels, , Nike, Prince, NBA, University of North Carolina, PGA, Chicago, NFL, Mission, Getty, Management, BMW PGA, Golden State Warriors, Clarkson Creative, Club, American, Tahoe, LPGA, Ryder, Celtic, Team, April’s, Augusta National Locations: Augusta , Georgia, Los Angeles, New York, “ City, Florida, British, Alba, Hainan, AFP, Irish, Terrebonne , Quebec, American, Celtic Manor, Wales, Augusta
DailyMail.com reported that he hired Alex Spiro, a $2,000-an-hour attorney who has represented Alec Baldwin and Elon Musk. He also claimed Donaldson hired a registered sex offender to be part of his crew. Related storiesHiring a 'superlawyer'In that context, he hired Spiro, who has represented Elon Musk, Megan Thee Stallion, and Alec Baldwin. AdvertisementHowever, experts told BI that if Donaldson had enlisted Spiro, it may just add fuel to the fire. Dave Kotinsky/Getty Images for MrBeast BurgerTrust is vitalTrust is hugely important between influencers and their fans, Perkes said.
Persons: , Jimmy Donaldson —, Donaldson, DailyMail.com, Alex Spiro, Alec Baldwin, Elon Musk, Quinn Emanuel Urquhart, Sullivan, he's, Ava Tyson, Ava, MrBeast, Dawson French, Spiro, Megan Thee, Haddy, Jemal Countess, Laura Perkes, Perkes, Kellie Whitehead, Whitehead, Folivi, it's, Dave Kotinsky, they've, they're, didn't Organizations: Service, Business, YouTube, The New York Times, Daily, Elon, MrBeast Burger Locations: French, New Jersey
Other talking points from the documents include OpenAI's lack of access to third-party AI models and weak enterprise-level contracts. "For generative AI workloads, AWS will compete most often w/ Microsoft's Azure OpenAI Service, OpenAI (directly), and Google Cloud's Generative AI on Vertex AI," one of the documents said. Instead, Amazon has prioritized selling AI tools like Bedrock, which gives customers access to third-party AI models. The sales guidelines also outline how AWS sales reps should respond to customers' questions about Microsoft and Google. In situations where Microsoft pitches its AI-powered analytics software, Fabric, to customers, AWS salespeople are instructed to say, "Microsoft Fabric is a new (unproven) offering."
Persons: , It's, isn't, ChatGPT, OpenAI, OpenAI's, Sam Altman, Jason Redmond, Claude, Satya Nadella, Justin Sullivan, Maia, We're, they're, doesn't, Atle Erlingsson Organizations: Microsoft, Google, AWS, Service, Business, OpenAI, Amazon, Nvidia, Getty, Meta, Amazon's, AI, Fortune Locations: AFP
Robert F. Kennedy Jr., left, waves to the crowd as former President Donald Trump speaks at a campaign rally in Glendale, Arizona on August 23. Ross D. Franklin/APFormer President Donald Trump addressed supporters at a rally in Glendale, Arizona, Friday, where he was joined by Robert F. Kennedy Jr., who suspended his own presidential campaign just hours earlier. However, Harris did mention the border and criticized Trump’s role in tanking a bipartisan border bill earlier this year. RFK Jr. could be appointed to a health panel: When suspending his presidential campaign, Kennedy suggested that he could join a potential second Trump administration in a role that would oversee a health care portfolio. Alejandra Jaramillo and Michelle Watson contributed to this post.
Persons: Robert F, Kennedy Jr, Donald Trump, Ross D, Trump, Harris, Kamala Harris, Trump’s, John F, Kennedy, ” Kennedy, that’s, CNN’s Aaron Pellish, Kate Sullivan, Kristen Holmes, Alejandra Jaramillo, Michelle Watson Organizations: Franklin, Democratic National Convention, RFK Jr Locations: Glendale , Arizona, tanking, Glendale
Harris called for ending taxes on tips while rolling out a series of populist economic proposals last week, echoing a policy Trump already supported. The vice president pointed to Trump’s opposition to a bipartisan border security and immigration bill, which turned Republicans against the measure. Vice President Kamala Harris gestures as she steps from Air Force Two upon arriving at Joint Base Andrews, Maryland, on August 23, 2024. As the sitting vice president, Harris’s response to an economic calamity or foreign crisis would be closely scrutinized. The spokesperson also said there have been more than 1,000 sign-ups for Students for Harris chapters across the country since the launch of Harris’ campaign.
Persons: Kamala Harris, Donald Trump, Joe Biden, Harris, eyeing, Trump, Robert F, Kennedy Jr, who’s, ” Kennedy, Biden, showdowns, I’m, Hawaii Democratic Sen, Brian Schatz, , ” Harris, , she’s, ‘ We’re, ’ She’s, Ohio Sen, JD Vance, Kamala, mispronounced Harris ’, Harris ’, fumed, he’s, ” Trump, La Capra, Julia Nikhinson, let’s, familiarizing, , Kevin Lamarque, Tulsi Gabbard, Gabbard, Jen O’Malley Dillon, Austin Steele, Quentin Fulks, Tim Walz, Joshua Martin, Rebecca Wright, Pinar Yildirim, Deja Foxx, “ Young, Brian Kemp, Kemp, Vance, Trump’s, ” Vance, Sean Hannity, “ We’re, ” Kemp, “ Kamala Harris, Wisconsin . Ohio Sen, Marco Bello, Walz, ” CNN’s Ted Barrett, Kate Sullivan, Kristen Holmes, Ali Main, Aaron Pellish, Alejandra Jaramillo, Priscilla Alvarez Organizations: CNN, Democratic National Convention, Trump, Democratic, ABC, Hawaii Democratic, Republican, Biden, Social Security, Air Force, Joint Base Andrews, Reuters, Union, Hawaii Rep, United Center, MSNBC, United, Minnesota Gov, Convention, University of Pennsylvania, Facebook, Harris, Georgia Gov, Georgia Republican, Party, GOP, Fox News Locations: Arizona, Trump, Glendale, Hawaii, Chicago, Ohio, Georgia, Nevada, Las Vegas, Mexican, North Carolina , Nevada , Arizona, Wisconsin , Michigan, Pennsylvania, Joint Base Andrews , Maryland, California, Chicago , Illinois, Washington, Asheboro, United States, Wisconsin . Ohio, Kenosha, Kenosha , Wisconsin
Robert F. Kennedy Jr. speaks in Nashville, Tennessee on July 26. Jon Cherry/Getty Images/FileIndependent presidential candidate Robert F. Kennedy Jr. is expected to suspend his campaign today at an event in Arizona, two sources familiar with the plans told CNN. There are current talks between Republican presidential nominee Donald Trump’s team and Kennedy’s orbit for the independent candidate to endorse the former president and appear at Trump’s Phoenix-area rally that same night, the source said. The Republican nominee on Tuesday expressed openness to Kennedy playing a role in a future administration should he drop out and offer his endorsement. I’ve known him for a very long time,” Trump told CNN’s Kristen Holmes.
Persons: Robert F, Kennedy Jr, Jon Cherry, Donald Trump’s, Kennedy’s, Nicole Shanahan, , Kamala Harris, Kennedy, ” Trump, CNN’s Kristen Holmes Organizations: Getty, Independent, CNN, Republican, Trump, Republican National Convention Locations: Nashville , Tennessee, Arizona, Phoenix
The doc includes more than 500 submissions from people who identified themselves as Microsoft employees in the US. The move came in response to a growing number of its workers feeling underpaid compared to Microsoft's tech peers like Amazon . AdvertisementAs a reminder, this pay data is based on Microsoft employees' self-reporting, so it's not a complete picture. However, the pay gap between Microsoft AI and the rest of the company is undeniable. These are the 100 most-used AI apps, according to a top VC.
Persons: , Chelsea Jia Feng, Insider's Ashley Stewart, Ashley, Satya Nadella, Drew Angerer, Mustafa Suleyman, it's, they're, Tyler Le, Jerome, Jerome Powell's, Goldman Sachs, Jamie Dimon's, Dimon, Ned Davis, Justin Sullivan, Andreessen Horowitz, Jenny Chang, Rodriguez, Jack, Jerome Powell, Sabrina Carpenter, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Microsoft, Business, Microsoft Microsoft, Getty, Bloomberg Creative, JPMorgan, Treasury, Ned Davis Research, Big Tech, RBC Capital Markets, Consumer, Engineers, BI Locations: Washington, New York, London
Still, the Trump campaign has long worried that Kennedy’s campaign, built on conspiracies and anti-vaccine rhetoric, pulled directly from their side, especially in a handful of key states. Women were more likely to support Kennedy than men, according to a recent Pew Research Center survey, though other polls haven’t shown a meaningful difference. Supporters take a selfie together during a rally for independent presidential candidate Robert F. Kennedy Jr. on May 13, 2024 in Austin, Texas. Independent presidential candidate Robert F. Kennedy Jr. speaks to the media at a Cesar Chavez Day event at Union Station in Los Angeles, California on March 30, 2024. As Kennedy’s campaign picked up support, Trump labeled the former Democrat a member of the “radical left” and attacked his environmental activism.
Persons: Robert F, Kennedy Jr, Kennedy, , , Trump, Donald Trump, Kamala Harris, It’s, Vermont Sen, Bernie Sanders ’, Donald Trump Jr, ” Trump, Ramsey Reid, , ” Reid, Harris, who’s, ” Harris, Michael Tyler, Biden, Scott Eisen, Trump Kennedy, Joe Biden, John F, Kennedy –, Chris LaCivita, LaCivita, Timothy Mellon, Sergio Flores, Don Jr, Roger Stone, Privately, Kennedy’s, Bobby Kennedy III, Nicole Shanahan, Tucker Carlson –, Omeed Malik, ” Kennedy, Cesar Chavez, Mario Tama, Shanahan, ” Shanahan, Kristen Holmes, Kate Sullivan, Ethan Cohen Organizations: CNN, Democratic, CBS, Republican, Pew Research Center, Fox News, Democratic National Committee, RFK Jr, Biden, Convention, Trump, Democrats, Electoral, DNC, Clear Choice PAC, Getty, Kennedy, Trump Jr, Union Station, White, Republican National Convention Locations: Arizona, Vermont, Boston , Massachusetts, Michigan, Wisconsin, , Pennsylvania, New York, Austin , Texas, AFP, Trump’s, Los Angeles , California, Milwaukee, Harris
Jake Sullivan, the national security adviser at the White House, will travel to China next week to meet with Wang Yi, the country’s foreign minister, in their latest high-level meeting aimed at defusing tensions. “These meetings are consistent with efforts to maintain this strategic channel of communication to responsibly manage the relationship,” said Sean Savett, a spokesman for the National Security Council. Mr. Sullivan’s visit will be his fifth face-to-face meeting with Mr. Wang but his only trip to Beijing since the start of the Biden administration. It will also be the first by a U.S. national security adviser since Susan Rice traveled to China on behalf of President Barack Obama in 2016. A senior administration official, who spoke on the condition of anonymity to comment on diplomatic discussions, said Mr. Sullivan and Mr. Wang would discuss potential issues of cooperation, such as efforts to limit the spread of fentanyl, as well as areas where the two countries are locked in disputes, including the future of Taiwan.
Persons: Jake Sullivan, Wang Yi, , Sean Savett, Sullivan’s, Wang, Biden, Susan Rice, Barack Obama, Sullivan Organizations: White, National Security, U.S Locations: China, Beijing, Taiwan
The Secret Service has assigned five agents to administrative duties as a result of its investigation into the failures that led to the assassination attempt on former President Donald J. Trump on July 13, according to two people familiar with the situation. The agents have not been fired, and are still being paid. The Secret Service declined to comment, citing rules against publicly discussing personnel matters. Four agents placed on administrative duties are from the Pittsburgh office, and one is from Mr. Trump’s personal detail. Placement on administrative duties is different from being placed on administrative leave, which typically requires agents to turn in their badges and guns until an investigation is completed.
Persons: Donald J, Trump Locations: Pittsburgh
That’s made home insurance increasingly unaffordable or even inaccessible – and that’s leaving more people in the same position as the Daneaus. California’s largest insurer, State Farm, requested a 30% rate increase for its homeowner’s line last month. Last year, California Insurance Commissioner Ricardo Lara reached an agreement with insurers with an aim to cover approximately 85% of properties in high-risk areas. “[My insurance plan] wasn’t canceled but my insurance company increased the rates quite a bit,” she said. But he cautioned there’s no guarantee of that, leaving homeowners like the Daneaus grappling with uncertainty.
Persons: Los Angeles CNN —, Michael, Kristy Daneau’s, Kristy, Michael Daneau, Kristy Daneau, That’s, “ We’re, ” Michael, , aren’t, Justin Sullivan, California’s, it’s, ” Michael Daneau, Ricardo Lara, Kristy Daneau's, what’s, Steve Hawks, Woolsey, Angela Wilson, LAEPF, Wilson, Brent Woodworth, there’s, “ I’m, we’ve, CNN’s Camila Bernal, Sarah Moon Organizations: Los Angeles CNN, Gas & Electric, Insurance Information Institute, California Department of Insurance, Farm, State, CNN, FAIR, California FAIR, California, Golden State, The Insurance Institute for Business & Home Safety, Institute for Business & Home Safety, for Business & Home, Los, Emergency Preparedness Foundation Locations: Cohasset, California, Paradise , California, Santa Monica, Malibu
In today's big story, it's out with the old and in with the new CEO at Starbucks. Starbucks announced CEO Laxman Narasimhan was stepping down after less than two years on the job . Chipotle CEO Brian Niccol was tapped to lead Starbucks' turnaround efforts. In the release announcing the news , Howard Schultz, Starbucks' chairman emeritus and three-time CEO, made no mention of Narasimhan in his statement. At Starbucks, Niccol won't need to navigate a brand crisis like he did with Chipotle in the wake of its E. coli outbreak.
Persons: , he's Benjamin Button'd, Chelsea Jia Feng, Laxman Narasimhan, Brian Niccol, it's, Grace Dean, Howard Schultz, Narasimhan, Ryan Miller, Rebecca Zisser, Alex Bitter, It's, we've, Katie Notopoulos, Tyler Le, Joe Quinlan, Berkshire Hathaway, Goldman Sachs, Greg Tuorto, Josh Edelson, Justin Sullivan, Timo Lenzen, Mercedes, unmotivated, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock Organizations: Service, Starbucks, Business, Elliott Management, Orange County Museum of Art, Taco Bell, Merrill, Bank of America Private Bank, Getty, BI, Benz, Mercedes, Dolce, Gabbana, Walmart, Walgreens, Cisco Systems, UBS Locations: Chelsea, Narasimhan, Mexican, Berkshire, AFP, Dubai, Miami, New York, London
Here's everything we know about the rumored falling out between Baldoni and Lively — and how Ryan Reynolds might factor in. Blake Lively with Hugh Jackman, Ryan Reynolds, Tammy Reynolds, and Brandon Sklenar at the New York premiere of"It Ends With Us." While speaking to Entertainment Tonight on the carpet at the New York premiere, Baldoni explained why he was stepping back from the limelight. Lively and Baldoni clashed during filming, according to sources close to productionBlake Lively and Justin Baldoni filming a scene from "It Ends With Us" in May 2023. Representatives for Baldoni, Lively, Reynolds, and Hoover did not respond to a request for comment from Business Insider.
Persons: , Blake Lively, Lively, Justin Baldoni, Ryan Reynolds, Baldoni, Jane, Virgin, Hugh Jackman, Tammy Reynolds, Brandon Sklenar, John, costars Brandon Sklenar, Isabela Ferrer, Colleen Hoover, Hoover, Reynolds, Jackman, Liz Plank, John Nacion, Blake, Colleen, I'm, subreddit, Jenny Slate, Jojo Whilden, It's, us, justin, ake, ona, laherty, ade, romo Organizations: Service, Business, New York, John Nacion, Variety, New, Vogue, Entertainment, London, Getty, Sony Pictures, obb Locations: Baldoni, New York, Instagram, York
When Roberta Gabaldon was ready to share news of her pregnancy with her colleagues at Customs and Border Protection in 2015, she brought in pink and blue doughnuts with a sign that read: “Pink and blue. Pink and blue. Somebody’s pregnant, guess who?”But her palpable excitement, particularly after a miscarriage months earlier, quickly dissipated. Her experience reflects that of hundreds of female employees at the agency who have filed suit against Customs and Border Protection, saying that since at least 2016, they were denied equal treatment once they disclosed they were expecting. The policy, they say, hurt their opportunities for advancement, and others add that they weathered pay cuts because light duty meant no more overtime.
Persons: Roberta Gabaldon, , , Gabaldon Organizations: Customs, Border Protection Locations: El Paso
Russian banks are running low on yuan, Bloomberg reported. AdvertisementAn intensifying supply crunch in the Chinese yuan has pressured Russians to embrace a costlier method of securing the needed currency, Bloomberg reported. With the yuan liquidity shortfall doubling, Russian firms have grown increasingly dependent on yuan swaps provided by the Bank of Russia, Bloomberg said, but borrowing the yuan this way comes at a higher rate. This hasn't stopped yuan swap activity from ballooning. But even before the fresh sanctions package took effect this summer, Chinese banks were already halting yuan payments with Russia over fears of Western repercussions.
Persons: That's, , Bloomberg, Jake Sullivan Organizations: Bloomberg, Service, Bank of Russia, US, Treasury Department, National, Carnegie Russia Eurasia Center Locations: Moscow, Beijing, Russia, Ukraine, China
Read previewElon Musk and former President Donald Trump live-streamed a wide-ranging discussion on Monday, eliciting reactions from tech and business leaders. Gavin Newsom of California, who has a strained relationship with Musk, got a jab in at both the X CEO and the GOP nominee. Related storiesMark PincusMark Pincus, the founder of Zynga, the gaming company behind FarmVille, praised the former president during the conversation with Musk. Pincus said in an X post. The Harris campaignVice President Kamala Harris' campaign hit out at both Musk and the Trump campaign right after the livestream ended in a statement on X.
Persons: , Elon Musk, Donald Trump, Mark Cuban Mark Cuban, Michael Reaves, Joe Raedle, Mark Cuban, Musk, Trump, Gavin Newsom Gov, Gavin Newsom, Newsom, Ron DeSantis, DeSantis, Aaron Levie, Justin Sullivan, Hannibal Lecter, Levie, Mark Pincus Mark Pincus, Pincus, Elon, David Sacks David Sacks, Sacks, Biden, Harris, Kamala Harris, Donald Trump's Organizations: Service, Trump, Business, Getty Images, Getty, GOP, Lambs, Zynga, Craft Ventures, Democratic, Hollywood Locations: Cuban, California, FarmVille
CNN —Former President Donald Trump on Monday posted on X – formerly known as Twitter – for the first time in nearly a year ahead of his conversation on the platform later in the day with X owner and Tesla CEO Elon Musk. Trump regularly asserts on the campaign trail that he is a victim of what he calls “political persecution,” and the video appears to amplify that claim. The more that a broken system tells you that you’re wrong, the more certain you should be that you must keep pushing ahead,” Trump says in the voiceover. The video also includes lines that are staples of Trump’s campaign speeches, including: “They want to take away my freedom, because I will never let them take away your freedom. And we will liberate America from these villains once and for all.”And in another post, Trump asked, “Are you better off now than you were when I was president?”“Our economy is shattered.
Persons: Donald Trump, Elon Musk, Kamala Harris, Harris, ” Trump, Trump, , They’re, Organizations: CNN, Twitter, Democratic, Immigration, Customs Enforcement, Green New Deal, San, Justice Department, Trump, Make America SAFE Locations: San Francisco, Lago, America, Atlanta, Georgia
Shoppers walk through the Fashion Centre at Pentagon City, a shopping mall in Arlington, Virginia, February 2, 2024. As of early May, the company had 503 Macy's stores, including a small number of other concepts outside of malls. There were 352 shopping malls classified as Class A and B at the end of 2016, according to company reports, S&P Capital IQ and Coresight Research. That decline is sharper among Class C and D shopping malls, which fell from 684 malls in 2016 to 287 in 2022, according to the companies' research. At some distressed malls, Macy's may be the last anchor that remains.
Persons: Justin Sullivan, Macy's, Tony Spring, Chris Wimmer, Saul Loeb, Taylor, Anand Kumar, Kumar, Naveen Jaggi Organizations: Fitch, Shoppers, Fashion Centre, Pentagon, Afp, Getty, JCPenney, Coresight, Nordstrom, Belk, Foods, Brookfield Properties Grocery Locations: San Leandro , California, Arlington , Virginia, U.S, JLL, San Francisco
After tearing into each other in the past, the world's richest person and Republican presidential nominee have become close political allies. December 2016: Musk appointed to Trump's advisory councilsDonald Trump on Tuesday escalated his feud with Elon Musk in a series of Truth Social posts belittling the billionaire. May 2022: Musk said he would reinstate Trump's Twitter accountTesla CEO Elon Musk. "You know [Musk] said the other day 'Oh, I've never voted for a Republican,'" Trump said during a Saturday rally in Anchorage, Alaska. AdvertisementJuly 2022: Musk says Trump shouldn't run againElon Musk.
Persons: , Elon, Donald Trump, Trump, Musk, Yasin Ozturk, Hillary, Elon Musk, Evan Vucci, Uber, Travis Kalanick, flack, Alex Brandon, Musk's, Tesla, Justin Sullivan, He's, Thomas Edison, Jonathan Ernst, Chris Saucedo, unban Trump, Patrick T, Fallon, I've, Alexi Rosenfeld, getty, Seth Herald, Twitter, Ron DeSantis, DeSantis, David Sachs, John Moore, Joe Biden, Ohio Sen, JD Vance, Vance, MAGA, Biden, Kamala Harris, Harris Organizations: Service, Trump, Twitter, Business, CNBC, Elon, White, SpaceX, Donald Trump AP, America, Ford, General Motors, NASA's Kennedy Space Center, REUTERS, SXSW, Financial Times, US, Getty, Republican, and Freedom Coalition, White House, Radical Left, Florida Gov, The New York Times, GOP, Times, Republican National Convention, Ohio, Wall Street, Democratic Locations: United States, Paris, Anchorage , Alaska, California, Cape Canaveral , Florida, U.S, Nashville , Tennessee, Musks, Silicon Valley, Mexico, Eagle Pass , Texas, Eagle, , Texas, Washington, Ukraine, Lago, Harris
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