Zuckerberg Posts First Tweet in 11 Years in Threads Jibe at Musk
Mark Zuckerberg posted his first tweet in more than a decade, a playful jab at Elon Musk on
2023-07-06 10:20
Soaring Interest Rates Are Quietly Transforming Oil Markets
For oil bulls, one of the biggest caps on prices this year is turning into a tailwind. Oil’s
2023-07-06 09:52
Chip Startup Socionext Set to Fall on Major Holders’ Sale Plan
Socionext Inc. stock is set to fall after announcing Wednesday that its top shareholders plan to offload their
2023-07-06 09:00
Yellen China Visit Seeks to Create More Talks Amid Tensions
US Treasury Secretary Janet Yellen visits China this week with the goal of finding areas of common economic
2023-07-06 08:48
Emerging Asia Bonds, Currencies Have Lost Their Traditional Link
Asia’s emerging-market currencies are losing their traditional close relationship to local bonds as falling hedging costs means more
2023-07-06 08:46
Revolving Door of Leaders Sinks Once-Hot Malaysian Markets, Tests Anwar
Malaysia’s markets once marched to the tune of a government that stayed in power for six decades. A
2023-07-06 08:46
Instagram Unveils Threads App, a Threat to Musk’s Twitter
Meta Platforms Inc.’s Instagram officially unveiled Threads, an app designed as a direct rival to Twitter, launching the
2023-07-06 08:24
Trump fundraising doubles to $35m amid growing legal woes, report says
Donald Trump’s increasingly serious legal problems are translating into a cash boom for his third presidential campaign, a staffer told Politico this week. The campaign is due to release official fundraising numbers by the end of the month, per an upcoming Federal Election Commission (FEC) deadline. But a campaign official familiar with the matter provided the eye-popping sum to Politico: $34m, a haul that puts him firmly on top of the GOP primary field, dollars-wise, and depicts a campaign picking up steam as Mr Trump apparently solidifies his support base within the GOP primary voter population. In the first quarter of 2023, Mr Trump’s campaign had presented a fundraising total of $18.8m — impressive, but not nearly as high as his latest quarter. However, a greater share of donations is now being diverted to the Save America PAC, the twice-indicted former president’s vessel for outside spending that has fronted the bulk of his legal costs in recent months. Previous news reports indictated that the donation levers were pulled on Mr Trump’s WinRed donation page to divert as much as 10 per cent of every donation to the Save America PAC, up from just 1 per cent of every gift earlier this year. The total is likely to bolster Mr Trump’s argument against Republican candidates like primary rival Will Hurd who have argued that Mr Trump’s legal problems will jeopardise his chances of winning a general election against President Joe Biden. While polling backs up Mr Hurd’s assertion at present, the Trump campaign’s war chest will prove a counter-argument that paints the former president as the candidate with GOP voter enthusiasm and the funding necessary to wage an effective general election campaign. Mr Trump faces a growing field of GOP rivals, including Florida Governor Ron DeSantis, Vivek Ramaswamy, and his former vice president, Mike Pence. But he has remained dominant across polling of the field for months, even amid his two criminal indictments for allegedly falsifying business records in New York and the alleged illegal retention of classfied materials at Mar-a-Lago. The legal pressure mounting against the former president is likely to escalate in the coming weeks, given the two investigations known to be currently ongoing involving him and his closest advisers. Officials in Fulton County, Georgia are weighing whether to bring criminal indictments against Mr Trump and members of his legal team over their efforts to alter the lawful election results in that state, while the Department of Justice has been reported by The Independent to be weighing a superceding indictment charging Mr Trump with dozens of offences related to the January 6 attack and his related efforts to block Joe Biden’s election victory. Read More Judge's order limits government contact with social media operators, raises disinformation questions Special counsel Jack Smith subpoenas Arizona Secretary of State’s office in January 6 probe Trump attorney who was key to election conspiracies retires from legal practice
2023-07-06 08:19
Nagoya Port Delays Restart Following Alleged Ransomware Attack
The Port of Nagoya will resume operations Thursday afternoon, the Nagoya Harbor Transportation Association said, after an alleged
2023-07-06 08:18
Tennessee lawmaker raised $860k in campaign donations after Republican expulsion over gun control protest
State Representative Justin Pearson of Tennessee said he raised $860,000 after he was expelled from the state legislature after participating in a gun control protest on the House floor. Mr Pearson, who represents a district in Memphis, was one of three Democratic legislators who faced expolsion from the chamber after their participation in a protest sparked by a mass shooting that claimed six lives at a Nashville school in March. But the explosion of Mr Pearson and Rep Justin Jones seems to have backfired on the Republican majority in several ways. Mr Pearson and Mr Jones were both re-appointed to their seats, and now Mr Pearson has revealed the effect his brief expolsion from the chamber had on his fundraising. Mr Pearson recieved donations from more than 31,000 people, the majority of whom donated in the week between his expulsion and his reinstatement by a unanimous vote of the Shelby County Board of Commissioners. The amount of money Mr Pearson recieved is all the more notable because Tennessee legislators are barred from fundraising during legislative sessions. “To see so much support, particularly from these tens of thousands of small-dollar donations, is a testament to what I believe is a people-powered movement, which is that we all have something to contribute, and our little bits of contribution makes a lot,” Mr Pearson told the Associated Press. Now, however, Mr Pearson has the kind of money in his campaign coffers that some state legislators never amass. The 28-year-old graduate of Bowdoin College, only raised around $144,000 during his successful campaign for the state House earlier this year. The Associated Press reported that the entire Tennessee House Democratic Caucus only raised around $233,000 during the 2022 election year. But that was a long time ago. When Republicans singled out Mr Pearson, Mr Jones, and Rep Gloria Johnson for their participation in the gun control protest, they quickly elevated them to national stardom. Mr Pearson, Mr Jones, and Ms Johnson became consistent presences on national television, visited the White House, and made appearances outside of Tennessee. National Democrats like Sen Chris Murphy of Connecticut helped fundraise. Now, given his considerable profile and youth, Mr Pearson has been mentioned as a potential rising star in a Tennessee Democratic Party that has fallen on hard times in recent years. It’s a remarkable rise for an environmental activist who wasn’t even in elected office until January. Read More After expulsion and reinstatement, Tennessee Reps. Pearson, Jones advance past Democratic primaries In Tennessee, expulsions echo a decades-old protest movement
2023-07-06 08:15
Mastercard’s New AI Tool Helps Nine British Banks Tackle Scams
Mastercard Inc. is selling a new artificial intelligence-powered tool that helps banks more effectively spot if their customers
2023-07-06 07:28
Sunil Chhetri: Indian footballer in the same league as Messi and Ronaldo
Long-standing captain Sunil Chhetri has been the face of football in cricket-crazy India.
2023-07-06 06:46