CHICAGO — Former president Barack Obama and former first lady Michelle Obama, two of the Democratic Party’s most popular figures, electrified delegates at the party’s convention Tuesday, saying they saw the same sense of excitement and hope that characterized their own rise to the White House now surrounding Kamala Harris. “I’m feeling hopeful because this convention has always been pretty ...
Kamala Harris’s campaign and the Democratic National Committee raised three times as much as Donald Trump’s campaign and the Republican National Committee in July, and ended the month with a cash advantage that positions the newly minted Democratic presidential nominee to air more ads and maintain a larger payroll than her Republican opponent in the final months of the race ...
CHICAGO — Fences, a metal detector and security guards were already in place when “Hostage Square” opened Tuesday morning in a gravel parking lot about a mile east of the Democratic National Convention. Among the hundreds of people who would arrive during the day: relatives of several of the men and women taken captive by Hamas during its attack on ...
Pennsylvania state Rep. Malcolm Kenyatta (D) stood on the stage of the Democratic National Convention on Tuesday night in Chicago with an oversized prop that spells out Project 2025: a think tank document of 900-plus pages largely viewed as an aggressive right-wing blueprint for a second Trump administration. Kenyatta — the second DNC speaker to home in specifically on plans ...
CHICAGO — Democratic vice-presidential candidate Tim Walz will be nominated for the role by Minnesota Sen. Amy Klobuchar and a former student Wednesday at the Democratic National Convention, according to a Harris-Walz campaign official who spoke on the condition of anonymity to share internal plans. In his keynote speech, Walz plans to highlight his experience growing up in a small ...
It’s become a familiar sight at Starbucks cafes: a counter crowded with mobile orders, frustrated customers waiting for the drinks they ordered and overwhelmed baristas trying to keep up with it all. Fixing that problem will likely top incoming CEO Brian Niccol’s list of tasks to turn around the struggling coffee giant when he steps into the role on Sept. 9. Investors and executives ...
Shares of former President Donald Trump’s social media company on Monday touched their lowest price since they began public trading on the Nasdaq nearly five months ago after a merger. Trump Media, the company that owns the Republican presidential nominee’s preferred social messaging platform Truth Social, closed down more than 3.5% to settle at $22.24 a share. The previous low point for the stock, which trades ...
The Securities and Exchange Commission on Monday said it fined billionaire activist investor Carl Icahn and his company $2 million, settling allegations that he failed to disclose billions of dollars worth of personal margin loans pledged against the value of his Icahn Enterprises stock. Icahn and the publicly-traded company that bears his name settled those charges without admitting or denying wrongdoing. They agreed to ...
DETROIT — General Motors is laying off more than 1,000 salaried employees globally in its software and services division following a review to streamline the unit’s operations, CNBC has learned. The layoffs, including roughly 600 jobs at GM’s tech campus near Detroit, come less than six months after leadership changes overseeing the operations, including former Apple executive Mike Abbott leaving the automaker due to ...
The Inflation Reduction Act has sparked a manufacturing boom across the U.S., mobilizing tens of billions of dollars of investment, particularly in rural communities in need of economic development. The future of those investments could hinge on the outcome of the U.S. presidential election. The prospect of a Republican victory has shaken the confidence of some investors who worry the ...