DIRS.INFO The most relevant business & tech news

☆ Beyonce, PlayStation games help Sony post a 10% jump in profits
▼ + stars: | 2024-08-07 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Here's how Sony did in the June quarter, versus LSEG consensus estimates:Revenue: 3.01 trillion Japanese yen ($20.5 billion), versus 2.8 trillion yen expected. Operating profit: 279.11 billion yen ($1.9 billion), versus 275.35 billion yen expected. Gaming, for which Sony is well-known thanks to its popular PlayStation consoles, banked revenues of 864.9 billion yen in the quarter, up 12% from 771.9 billion yen a year ago. For full-year 2024, Sony revised its forecast upward saying it now expects to hit 12.6 billion yen of sales. Sony also upped its operating profit forecast by 3%, noting it expects to reach 1.3 trillion yen in consolidated operating profit for the full year.

Persons: Carter Organizations: Sony, PlayStation

☆ No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says
▼ + stars: | 2024-08-07 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand remains robust, the company's chief executive said Wednesday. "We've seen in the last couple of years, actually, [the shipping container] market remaining surprisingly resilient to all the fear of recessions that there has been," Vincent Clerc told CNBC's "Squawk Box Europe" Wednesday, adding that container demand was generally a good indicator of underlying macroeconomic strength. The last week has seen a sudden escalation in worries about a recession in the world's biggest economy, the U.S., following a set of weaker-than-expected jobs data which has divided economists and market participants. U.S. retail trade inventories — a measure of unwanted build — in May were up 5.33% from a year ago at $793.86 billion, according to the most recent release from the U.S. Census Bureau. A report released by leasing platform Container xChange on Wednesday said indicators suggest inventories are higher than demand, meaning a less "prosperous time" in the coming months for container traders, the logistics market and retailers who stockpiled.

Persons: We've, Vincent Clerc, CNBC's, Clerc Organizations: Shipping, Maersk, U.S . Census Locations: U.S

☆ Why a full-fledged bear market is still unlikely even after the latest sharp sell-off
▼ + stars: | 2024-08-06 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Bank of America says the recent stock market sell-off is unlikely to be the start of a new bear market. AdvertisementThe stock market's recent sharp sell-off is unlikely to transform into a full-fledged bear market, according to Bank of America. But according to Bank of America strategist Savita Subramanian, the tell-tale signs of a stock market peak have yet to materialize. AdvertisementFor perspective, Subramanian pointed to stock market history to highlight that pullbacks in the market are common. Instead of preparing for a prolonged market sell-off, Subramanian recommends investors go bargain hunting and focus on buying high quality stocks.

Persons: BofA, —, Savita Subramanian, Subramanian Organizations: of America, Credit, Service, Bank of America, Nasdaq, Conference, Senior

☆ Super Micro announces 10 for 1 stock split
▼ + stars: | 2024-08-06 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

Server company Super Micro Computer on Tuesday announced a 10-for-1 stock split, set to begin trading on a split-adjusted basis on Oct. 1. Shares of Super Micro, which joined the S&P 500 in March, surged 246% in 2023 and are up 117% year-to-date. Super Micro shares slid as much as 7% in extended trading. Super Micro said it expects first-quarter revenues between $6 billion and $7 billion, beating Wall Street's estimate of $5.46 billion. It expects EPS of $5.59 to $8.27, or a $7.48 midpoint, compared to the consensus estimates of $7.58.

Persons: Wall Organizations: Computer, Dell, Hewlett Packard Enterprise, Nvidia, Super Micro

☆ Voices across the globe express concern over increasing arrests in Venezuela after disputed election
▼ + stars: | 2024-08-05 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

Voices across the globe expressed concern Sunday over the growing number of arrests in Venezuela following last weekend’s disputed elections. The AP processed almost 24,000 images of tally sheets, representing the results from 79% of voting machines. According to the calculations, the González received 6.89 million votes, nearly half a million more than the government says Maduro won. The tabulations also show Maduro received 3.13 million votes from the tally sheets released. On Thursday, the governments of the three countries issued a joint statement calling on Venezuela’s electoral authorities “to move forward expeditiously and publicly release” detailed voting data.

Persons: Pope Francis, Nicolás Maduro, Maduro, Jon, Biden, “, Edmundo González, María Corina Machado —, Machado braved, ” Machado, González, Nicolas Maduro, Matias Delacroix, ” Maduro, ”, —, Venezuela’s, Gonzalez, Elvis Amoroso Organizations: Deputy National, CBS, ” Authorities, Associated Press, Maduro, Saturday, Electoral Council, AP, Electoral Locations: Venezuela, Venezuelan, Caracas, U.S, France, Spain, Germany, Italy, ”, Brazil, Colombia, Mexico

☆ Our bend-don't-break economy is reaching its limit
▼ + stars: | 2024-08-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, interest-rate cuts are almost certainly coming, but the relief won't be felt immediately . The big storyCrash landingKevin Dietsch/Getty, Tyler Le/BIOur bend-don't-break economy might finally have reached its limit. After a year of resiliency in the face of high interest rates, the cracks are showing in the US economy. But it's not a silver bullet, and the rate cut's effect will take time to make its way through the economy.

Persons: —, Kevin Dietsch, Tyler Le, it's, Chelsea Jia Feng, Claudia Sahm, Madison Hoff, McDonald's, Jared Siskin, Bobby, Jordan Grumet, Justin Best, Brian Stauffer, Michal Kosinski, Rob Price, sompong, Seng kui Lim, Getty, Joe Biden's, Elon, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Relief, Getty, Fed, Amazon, Big Tech, Madison, Park Conservancy, Citadel, FIRE, Union Square Advisors, Nvidia, America Locations: resiliency, Central, Switzerland, Canada, Park, Paris, New York, London

Understanding Insurance Rate Increases After an AccidentWhy Rates IncreaseCar insurance rates may increase after an "at fault" accident because your risk profile goes up, meaning you're more likely to file a claim. Average Car Insurance Increase After an AccidentNational AverageInsurance.com reports that insurance rates can increase up to 53% or $920 per year on average after one at fault accident. Add Car Insurance Accident ForgivenessSome insurance companies offer accident forgiveness, usually as an add-on to your policy for an extra premium. Car Insurance Rate Increase FAQWill my insurance go up after an accident that wasn't my fault? She’s reviewed life insurance and pet insurance companies and has written numerous explainers on travel insurance, credit, debt, and home insurance.

Persons: Felipe Teixeira, you've, they'll, Alani Asis Alani Asis, Forbes, She’s, Read Organizations: Accident, Auto, Insurance, Alaska, Alabama, Arizona, Colorado, Washington D.C, Iowa, Indiana, Maryland, Michigan, Nebraska, Tennessee, Texas, Washington, Lower, Business, AARP, CNN, Fortune, U.S . News, Finance, University of Hawaii Locations: Arkansas, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Kansas, Kentucky, Louisiana, Maine, Minnesota, Missouri, Mississippi, Montana, Carolina, Dakota, Hampshire, Jersey, Mexico, Nevada, York, Ohio, Oregon, Utah, Virginia, Vermont, Wisconsin, Wyoming, U.S, Manoa

☆ Traders Wonder if the Fed Could Make an Emergency Rate Cut as Markets Tumble
▼ + stars: | 2024-08-05 | by ( Jeanna Smialek | More About Jeanna Smialek | ) www.nytimes.com time to read: +1 min

As turmoil swept through global financial markets on Monday, fueled by concerns that the economy is headed for a hard landing, investors began to speculate that the Federal Reserve could jump in to cushion the fallout with an emergency interest rate cut. The Fed considers emergency cuts — ones that occur outside of its regularly scheduled meetings — for extreme situations. Joblessness rarely rises sharply outside of an economic downturn. The data fueled serious concerns that Fed officials have fallen behind on adjusting their policy stance. The risk is that Fed policymakers might have choked off demand too much for too long, causing a slowdown in the labor market that will begin to snowball into wider economic pain.

Organizations: Federal Reserve, Fed Locations: United States

Simone Biles' Olympic medal collection has officially reached the double digits. It's her 10th Olympic medal and seventh gold. To win an individual apparatus medal in vault, gymnasts must perform two vaults that have different entries onto the vaulting table. In 2016, Biles became the the first American woman to win Olympic gold in vault. Saturday's vault final the third time Biles has performed her eponymous "Biles II" vault in Paris.

Persons: Simone Biles, Brazil's Rebeca Andrade, It's, Andrade, Jade Carey, Biles, Cheng, Shannon Miller, Larisa Latynina, Věra, Czechoslovakia –, ” Biles, “ I’m, I’ve, ” Organizations: Paris, Tokyo, Olympic Games Locations: American, Tokyo, Paris, Soviet Union, Czechoslovakia

☆ Stephen Nedoroscik’s legend grows with Olympic bronze on pommel horse
▼ + stars: | 2024-08-03 | by ( Dana O'Neil | ) www.nytimes.com time to read: +2 min

Nedoroscik sat in the agonizing bronze-medal position with one more competitor to go in the pommel horse final, unable to do anything but sit and watch. The set up was an about face from Nedoroscik’s hero-making turn during the men’s team final. Then the pommel horse specialist waited the entire meet before performing his routine, the last man up on any apparatus. Stephen Nedoroscik finishes his pommel horse routine in the final and the crowd goes WILD! Ireland’s Rhys McClenaghan, the gold medalist, is a two-time World Champion and Max Whitlock of Great Britain has won the last two Olympic golds on pommel horse.

Persons: PARIS, Stephen Nedoroscik, Nedoroscik, Hur Woong, Rhys McClenaghan, Nurmiman Kurbanov Organizations: U.S

☆ AP review of Venezuela opposition-provided vote tallies casts doubt on government’s election results
▼ + stars: | 2024-08-03 | by ( ) www.cnbc.com time to read: +8 min

Protesters demonstrate against the National Election Council certification of President Nicolas Maduro's reelection in Caracas, Venezuela, on Tuesday, July 30, 2024. The AP processed almost 24,000 images of tally sheets, representing the results from 79% of voting machines. National Electoral Council President Elvis Amoroso attributed the delay in updating results to "massive attacks" on the "technological infrastructure." The AP could not independently verify the authenticity of the 24,532 tally sheets provided by the opposition. The tally sheets, known in Spanish as "actas," are lengthy printouts that resemble shopping receipts.

Persons: Nicolas Maduro's, Venezuela's, Nicolás Maduro, Edmundo González, Maduro, Gonzalez, Elvis Amoroso, María Corina Machado, Machado, Biden, González, Edmundo González Urrutia, Antony Blinken, Vyacheslav Volodin, —, Cynthia Arnson, Caryslia Rodríguez, Jorge Rodriguez Organizations: National, AP, Electoral Council, Electoral, Wilson, United Socialist Party of Locations: Caracas, Venezuela, U.S, United States, Venezuela's, Brazil, Colombia, Mexico, Russian, Washington, United Socialist Party of Venezuela

☆ What to watch at Olympics today: Sha’Carri Richardson, Simone Biles, Katie Ledecky — and so much more
▼ + stars: | 2024-08-03 | by ( Lukas Weese | ) www.nytimes.com time to read: +8 min

ET, 5:16 p.m. in Paris (men’s pommel horse)TV: NBC and PeacockWhat to watch: Biles continues her gold medal aspirations when she competes in the individual vault competition. Biles enters the vault competition as the leader from qualifying after posting a 15.3. The Canadiens, reigning gold medal winners, needed to win all three matches to get through — and they did. GO DEEPER Ledecky becomes most decorated U.S. female OlympianCanadian Summer McIntosh eyes her third Olympic gold at just 17 years old. With a win Saturday, Crouser would be the first male shot putter to win three Olympic gold medals.

Persons: We’ve, Sha’Carri Richardson, Simone Biles, Stephen Nedoroscik, Katie Ledecky’s, —, Nedoroscik, Biles, Jade Carey, Rebeca Andrade, Nedoroscik —, Ireland’s Rhys McClenaghan, Peter Vidmar, It’s, Richardson, Jamaica’s Shericka Jackson, Jamaica’s Shelly, Ann Fraser, Pryce, Sha'Carri Richardson, Mallory Swanson, Alex Livesey, Sophia Smith, Trinity Rodman dazzled, Emma Hayes ’, Hayes, Davidson, Shaw, Ledecky, American Paige Madden, Ariarne, McIntosh, American Kate Douglas, Douglass, Crouser, Ryan Crouser, American Joe Kovacs, Germany’s Leo Neugebauer, Michael Steele, Damian Warner, Kevin Mayer of, Pierre LePage, Leo Neugebauer, Ayden Owens, Sander Skotheim, Franz Wagner, Orlando, Wagner, Andrej Isakovic Organizations: Paris Olympics, NBC, U.S, USA, Stade de France, Getty, United, Olympic, Canada, FIFA, New Zealand, Canadiens, Spain, Canada Soccer, La Defense, Ledecky, Kevin Mayer of France, Puerto Rico Locations: Paris, American, Sha'Carri, USWNT, Canada, women’s, United States, Japan, Germany, U.S, Colombia, France, Brazil, Los Angeles, Tokyo, Puerto, Norway, AFP

☆ Venezuela’s opposition secured over 80% of crucial vote tally sheets. Here’s how they did it
▼ + stars: | 2024-08-02 | by ( Associated Press | ) edition.cnn.com time to read: +8 min

On Sunday, officials attempted to block opposition volunteers from voting centers, and in some places, they succeeded. The QR code scans gave a team of campaign workers immediate access to voting results, which they tabulated Sunday night and Monday. The National Electoral Council has not yet shared the tallies on its website, which has been down since Monday. While it is not obligated to post images of the tally sheets, it has previously shared each sheet’s totals. The campaign needed to get them all fully scanned using equipment especially designed to copy the tally sheets.

Persons: Maria Corina Machado, Nicolás Maduro, Maduro, ” Machado, “, chorizo, Machado, Edmundo González, Elvis Amoroso, Gonzalez, Enrique Márquez, …, ”, Luiz Inácio Lula da Silva, Gustavo Petro of, González, Jorge Rodriguez, Antony Blinken Organizations: Electoral, Electoral Council, United Socialist Party of, “, Maduro’s, National, International, Regional Locations: Venezuela, Caracas, United Socialist Party of Venezuela, Brazil, Gustavo Petro of Colombia, U.S

☆ Jain Global ends its first month of trading slightly down as Citadel, Millennium eke out small gains
▼ + stars: | 2024-08-02 | by ( Bradley Saacks | Kaja Whitehouse | ) www.businessinsider.com time to read: +1 min

Big hedge funds like Millennnium and Citadel continued to eke out small gains in July. Bobby Jain's new fund, which started trading last month, fell slightly. AdvertisementBobby Jain's new hedge fund fell slightly in its first month of trading amid a disappointing month for the larger stock market. Jain Global, which started trading on July 1 with $5.3 billion in commitments, ended the month down roughly 0.65%, according to people with knowledge of the firm's results. Rival multistrategy funds like Ken Griffin's Citadel and Izzy Englander's Millennium Management eked out small gains in what was largely lackluster month for stocks.

Persons: Bobby Jain's, —, Ken Griffin's, Izzy Englander's Organizations: Citadel, Service, Jain, Management, Business

☆ Jobless rates fall in July for Asian Americans, bucking the overall trend
▼ + stars: | 2024-08-02 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

The unemployment rate fell for Asian Americans from June to July, bucking a broader trend, according to data released Friday by the U.S. Bureau of Labor Statistics. The unemployment rate among Asian Americans dipped to 3.7% in July from 4.1% a month earlier. The result went against the overall unemployment rate, which rose to 4.3% last month from 4.1% in June. Meanwhile, the jobless rate for white Americans rose to 3.8% in July, up from 3.5% a month earlier. For Hispanic Americans, this number climbed to 5.3% last month, compared to the rate of 4.9% in June.

Organizations: U.S . Bureau of Labor Statistics

☆ Nintendo profit plunges 55% as sales of its ageing Switch console fall sharply
▼ + stars: | 2024-08-02 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Nintendo revenue and profit plunged in the company's fiscal first quarter, as sales of the ageing Switch console decline. 246.6 billion Japanese yen ($1.65 billion) versus 289.61 billion yen expected. Net profit: 80.9 billion Japanese yen versus 70.73 billion yen expected. Investors are looking out for news surrounding a successor to Nintendo's ageing but highly successful Nintendo Switch console.

Persons: Mario, Zelda Organizations: Nintendo, Investors

☆ Forecasters Expect a Healthy Jobs Report, but a Downshift From June
▼ + stars: | 2024-08-02 | by ( Sydney Ember | More About Sydney Ember | ) www.nytimes.com time to read: +1 min

The Labor Department will provide its latest snapshot of the job market on Friday when it releases its monthly employment report — one that will be watched closely as the Federal Reserve looks for further signs of cooling. The report is expected to show that American employers added 175,000 jobs in July, according to a Bloomberg survey of economists. That would be a healthy number but a downshift from June, when the labor market added 206,000 jobs. Economists and Fed officials will also pay intense attention to other data in the report. Fed officials left the benchmark interest rate at 5.3 percent at their meeting this week but suggested that a rate cut could be on the table at their next gathering, in mid-September.

Organizations: Labor Department, Federal, Bloomberg, Fed

☆ Dan Niles bought more Nvidia during the sell-off, says it can double from here as AI builds out
▼ + stars: | 2024-08-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Nvidia shares can double from these levels, according to portfolio manager Dan Niles. That's why he's been buying more of the chipmaker as its stock has been pummeled during the recent sell-off. "We think they're going to have a beat-and-raise quarter." Nvidia shares dropped nearly 7% on Thursday, building on a 5.3% loss in July. Niles believes the AI story for Nvidia has more room to run, noting that shares don't look so expensive when adjusting for its growth rate.

Persons: Dan Niles, he's, CNBC's, Niles, we've Organizations: Niles Investment Management, Nvidia, Cisco Systems

As the Fed lowers rates, mortgage rates are expected to go down. "Mortgage rates declined to their lowest level since early February," Sam Khater, Freddie Mac's chief economist, said in a press release. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage Rates Barely Tick Down (-0.05%)The average 15-year mortgage rate is 5.55%, five basis points lower than last week. Mortgage rates also rose dramatically in 2023, though they started trending back down toward the end of the year.

Persons: Freddie Mac, Jerome Powell, Sam Khater, Freddie Mac's, you'll, It's, refinance, they've Organizations: Reserve, Zillow, FHA Locations: Chevron

☆ Trump’s net worth has plunged $800 million since Harris entered the race for the White House
▼ + stars: | 2024-08-01 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

New York CNN —Former President Donald Trump’s social media fortune is shrinking. The value of Trump’s stake in the corporate owner of Truth Social has dropped by $800 million since Vice President Kamala Harris entered the race for the White House on July 21. At the same time, Trump’s Truth Social struggles to gain traction in the social media world. Trump Media’s share price has experienced extreme turbulence since going public in late March. That’s despite the fact that JetBlue generated 2,300 times more revenue last year than Trump Media’s paltry $4.1 million.

Persons: Donald Trump’s, Kamala Harris, Joe Biden, Harris, Trump Organizations: New, New York CNN, White, Trump Media & Technology, Trump, Wall, TheRighting, Trump Media, JetBlue, That’s Locations: New York, Pennsylvania

☆ Eaton shares get dragged down in the market selloff despite a nice beat and raise
▼ + stars: | 2024-08-01 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

ETN YTD mountain Eaton YTD Shares of Eaton, which specializes in electrical components and power management systems, opened lower after a 6% gain in Wednesday's broader market rally. Data center energy demand drove record sales in Eaton's Electrical Americas and Electrical Global. Record sales were also recorded in Aerospace. Quarterly commentary While cash flow results were short of expectations, both operating cash flow (up 11% to $946 million) and free cash flow (up 10% to $759 million) represented second-quarter records. Operating cash flow is expected at $4.2 billion to $4.4 billion, and free cash flow is expected at $3.6 billion versus estimates of $4.4 billion operating cash flow and $3.56 billion free cash flow.

Persons: Eaton, Parker, Craig Arnold, Arnold, Jim Cramer's, Jim Cramer, Jim Organizations: Management, Revenue, LSEG, Electrical, Aerospace, Electrical Global, Hannifin, DuPont, Honeywell, DD, CNBC, Eaton Corporation, NYSE Locations: Eaton, North America

☆ Block reports better-than-expected earnings for second quarter
▼ + stars: | 2024-08-01 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +1 min

Block beat on profit in its second-quarter earnings report on Thursday. Earnings per share: 93 cents adjusted vs. 84 cents expected93 cents adjusted vs. 84 cents expected Revenue: $6.16 billion vs. $6.28 billion expectedBlock, formerly known as Square, posted $2.23 billion in gross profit, up 20% from a year ago. Analysts tend to focus on gross profit as a more accurate measurement of the company's core transactional businesses. The Cash App business, the company's popular mobile payment platform and a significant contributor to overall profitability, reported $1.3 billion in gross profit, a 23% year-over-year jump. The company raised its full-year guidance for gross profit, adjusted earnings and adjusted operating income.

Persons: Jack Dorsey, Block, Dorsey, Nick Molnar Organizations: LSEG, Twitter

☆ Toyota first-quarter profit jumps 17% on weak yen, matches expectations
▼ + stars: | 2024-08-01 | by ( ) www.cnbc.com time to read: +1 min

A Toyota logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. Toyota Motor said on Thursday it posted a 17% rise in first-quarter operating profit, as the Japanese automaker got a boost from cost reduction efforts and a weak yen that helped offset lower sales and production volume at home. The world's top-selling automaker said operating profit for the three months through June totaled 1.3 trillion yen ($8.70 billion), matching the average of six analyst estimates compiled by LSEG. Toyota maintained its forecast of 4.3 trillion yen profit for the full year, versus a 5.3 trillion yen average of 18 analyst estimates. Toyota's share price, which was down 5.5% just before the earnings release, fell further immediately afterward and was down 8.4% at 2,702 yen by 0446 GMT.

Persons: LSEG Organizations: New York, Auto, Toyota, Lexus Locations: Manhattan , New York City, U.S, Japan, China

☆ Here's why Amazon's messy second quarter doesn't change our outlook on the stock
▼ + stars: | 2024-08-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

With AWS humming and management identifying more ways to lower its cost to serve, Amazon's profitability story is still intact. Olsavsky said the profitability of North America stores improved quarter over quarter, driven by further improvements in its cost to serve. The company expects net sales of $154 billion to $158.5 billion, an increase of 8% to 11% year over year. The high end of guidance captures the consensus of $158.2 billion, but it's a miss on the analysts' consensus of $156.25 billion. Management expects operating income of $11.5 billion to $15 billion, which at a midpoint of $13.25 billion misses the consensus of $15.34 billion.

Persons: hasn't, Andy Jassy, Jassy, There's, Brian Olsavsky, Olsavsky, it's, Jim Cramer's, Jim Cramer, Jim, Michael Kappeler Organizations: Revenue, LSEG, Walmart, Target, Microsoft, Web Services, AWS, North, Amazon, Management, CNBC, Getty Locations: North America, Manhattan

Ms. Harris told The Washington Post in 2019 that she had long been comfortable with her racial identity. Ms. Harris joined Alpha Kappa Alpha, a sorority for Black women, at Howard University, a historically Black university. Ms. Harris failed California’s bar exam on her first attempt in July 1989, according to her autobiography, and received a letter in November that she had failed, “to my utter devastation.” While she did not address her subsequent exams in the book, Ms. Harris was admitted to the bar in June 1990. Mr. Trump is taking outsize credit. It is also worth noting that Mr. Trump did not request the increased funding that the schools received.

Persons: Donald J, Trump, Kamala Harris, Harris, Abraham Lincoln, Said, I’ve, ”, Ms, “, Obama ”, ” Mr, Harris’s, Said “, California’s, —, Lyndon B, Johnson, Biden Organizations: Wednesday, National Association of Black Journalists Convention, National Association of Black Journalists, Washington Post, Indian American, Alpha Kappa Alpha, Howard University, Black Law, Association, University of California Hasting College of Law, Los Angeles Times, San Francisco Examiner, San, H.B.C.U.s, Democrats, Democratic, Republicans, Civil, Mr, Black Americans, Congressional Research Service, The New York Times, of Labor Statistics, New York Times Locations: Chicago, Indian American, California, San Francisco, American, Black, Los Angeles, Asian, The California, ”

Search resuls for: "5.3"

25 mentions found