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It’s Commerce Secretary Gina Raimondo’s last week on the job. We called her up to discuss the future of the CHIPS Act, her experience working with the tech elite and Donald Trump’s plan to “tariff our way” to revitalizing U.S. manufacturing. Also in this episode: Americans think finding a new job would be tricky but don’t plan to leave or lose their current one. Plus, the co-working industry sees signs of life and producer prices stayed mostly flat in December.
It’s Commerce Secretary Gina Raimondo’s last week on the job. We called her up to discuss the future of the CHIPS Act, her experience working with the tech elite and Donald Trump’s plan to “tariff our way” to revitalizing U.S. manufacturing. Also in this episode: Americans think finding a new job would be tricky but don’t plan to leave or lose their current one. Plus, the co-working industry sees signs of life and producer prices stayed mostly flat in December.
It’s Commerce Secretary Gina Raimondo’s last week on the job. We called her up to discuss the future of the CHIPS Act, her experience working with the tech elite and Donald Trump’s plan to “tariff our way” to revitalizing U.S. manufacturing. Also in this episode: Americans think finding a new job would be tricky but don’t plan to leave or lose their current one. Plus, the co-working industry sees signs of life and producer prices stayed mostly flat in December.
It’s Commerce Secretary Gina Raimondo’s last week on the job. We called her up to discuss the future of the CHIPS Act, her experience working with the tech elite and Donald Trump’s plan to “tariff our way” to revitalizing U.S. manufacturing. Also in this episode: Americans think finding a new job would be tricky but don’t plan to leave or lose their current one. Plus, the co-working industry sees signs of life and producer prices stayed mostly flat in December.
The Rich Zeoli Show- Hour 3: 5:00pm- Congressman Mike Kelly—Representative for Pennsylvania's 16th Congressional District—joins The Rich Zeoli Show to talk about his work as Chairman of the Bipartisan Task Force Investigating the Attempted Assassination of Former President Donald Trump. Rep. Kelly says that based upon the evidence, Trump has been very fortunate that both would-be assassins were “amateurs” and not professionals—“we can't let our guard down” and there can't be any more Secret Service security lapses. 5:20pm- Dr. Victoria Coates—Former Deputy National Security Advisor & the Vice President of the Davis Institute for National Security and Foreign Policy at The Heritage Foundation—joins The Rich Zeoli Show to discuss Iran's attack on Israel consisting of nearly 200 ballistic missiles. What happens next? Dr. Coates is the author of the upcoming book: “Battle for the Jewish State” which features a forward from Senator Ted Cruz. 5:40pm- Debate Night Preview. In preparation for the debate, The New York Times studied Tim Walz's past debate performances. Rich and Matt think the most telling line from the article is a plea to temper expectations for Walz. It seems like even The New York Times—which endorsed Kamala Harris earlier this week—expects J.D. Vance to win handily. 5:50pm- What Does Gina Raimondo Do All Day? While speaking with Becky Quick of CNBC's Squawk Box, Commerce Secretary Gina Raimondo said she's “not very focused” on the dockworkers strike.
In this easy to listen to, charming, and informative episode of "The Bill Walton Show," host Bill Walton engages with Mercedes Schlapp and Matt Schlapp in a dynamic discussion about the pressing issues facing America today. Together, and with humor, they dig into the upcoming elections, economic priorities, and the shifting political landscape. Of course, as Trump supporters, the trio delves into critiques of Biden/Harris' leadership, the importance of economic growth, and why minority communities are increasingly supporting conservative policies. They also highlight the work that CPAC has been doing with the worldwide movements for freedom and liberty. With optimism, they address concerns about election integrity and the power of respectful discourse. This conversation offers valuable insights into topics shaping the nation's future—it's a discussion you won't want to miss. Key Takeaways: (00:25) The episode kicks off with Bill Walton likening the show to "Seinfeld," but instead of "nothing," it's a "show about everything," signaling a deep dive into pressing global issues. (02:10) Mercedes Schlapp addresses the palpable political exhaustion among Americans but rallies for renewed focus and energy with critical elections just weeks away. (02:45) A sharp critique is leveled at Kamala Harris, questioning her competence in articulating economic plans and her ability to connect with everyday Americans. (03:17) Doubt is cast on polls showing Harris with nearly 50% support, suggesting inaccuracies and highlighting concerns over early voting and election integrity. (04:23) Matt Schlapp observes a notable shift of racial minorities, especially those who fled communism, moving toward Trump due to his stances on immigration and economic freedom. (05:31) Bill Walton argues that the Biden-Harris administration has neglected economic growth in favor of social agendas like climate change and diversity, impacting Americans' prosperity. (07:14) The panel criticizes Harris's economic speech in Pittsburgh for lacking substance, emphasizing that "inspirational" rhetoric doesn't address real economic issues. (13:44) A stark contrast is drawn between Republicans adhering to election laws and Democrats allegedly exploiting legal loopholes to gain advantages. (15:58) Mercedes Schlapp raises alarms about potential foreign interference from China and Iran, suggesting they favor Harris to weaken the United States. (16:39) Concerns are voiced about the safety of political figures, noting that Donald Trump has faced serious threats, and calling out the media for insufficient coverage. (19:11) Criticism is directed at Commerce Secretary Gina Raimondo for saying they need to "extinguish Trump for good," warning that such rhetoric is dangerous and divisive. (21:08) Bill Walton connects the U.S. election to a global freedom movement, mentioning Argentina's Javier Milei and highlighting CPAC's international efforts to promote democracy. (27:33) The discussion highlights growing support for Trump among Hispanic and Black voters, attributing it to dissatisfaction with economic conditions under current policies. (42:22) Matt Schlapp reflects on Trump's resilience through past challenges, suggesting it indicates a significant role he is yet to play in shaping America's future. (46:41) The conversation concludes with optimism about Trump's unique leadership, expressing confidence that he aligns with crucial issues that will positively impact the nation's direction.
[00:30] A World on Fire (55 minutes) Commerce Secretary Gina Raimondo called for Trump to be “extinguished for good” this morning on live television. The U.S. Senate report on the Pennsylvania assassination attempt exposes the Secret Service's many critical missteps leading up to the moment Donald Trump was almost murdered. Newly released transcripts prove that military leadership stonewalled Trump's attempts to protect the Capitol with troops on Jan. 6, 2021. Meanwhile, major American cities like Philadelphia and Chicago are battling a migrant crime wave that Kamala Harris still pretends doesn't exist, and domestic gangs are facing off against foreign gangs like Tren de Aragua. Also, the P. Diddy scandal threatens to implicate high-ranking individuals throughout politics, media and entertainment, including Barack Obama. As the New York Post illustrated on its front page this morning, our world is on fire.
Tune in here to this Wednesday's edition of the Brett Winterble Show! Brett kicks off the program by talking about a political discussion, expressing skepticism about the effectiveness of the U.S. Secret Service in protecting presidential candidates, suggesting they should be retrained for different security roles. Brett advocates for allowing presidential candidates to hire private security, funded by the government, due to perceived threats against figures like Donald Trump. He criticizes comments made by Commerce Secretary Gina Raimondo, who spoke about "extinguishing" Trump, and reflects on the general state of the political landscape, including remarks from Nancy Pelosi regarding Trump and Kamala Harris. Winterble concludes by highlighting Trump's charitable actions during the Maui fires, contrasting his approach with governmental inefficiencies. We're joined by Coach Matt Doherty from to talk about the current political landscape, particularly focusing on the upcoming election featuring Kamala Harris and Donald Trump. And the impact of public perception, and the role of sports and community in political engagement. Bo Thompson from Good Morning BT is also here for this Wednesday's episode of Crossing the Streams. Brett and Bo talk about the upcoming presidential election, highlighting the frequent visits of candidates to Charlotte and the significance of North Carolina as a battleground state. They mention the heightened political activity, especially in light of recent news surrounding Mark Robinson The conversation shifts to an approaching hurricane, with Thompson reminiscing about Hurricane Hugo from 1989 and its lasting impact on Charlotte, including power outages and damage from fallen trees. They explore the differences between storm types and the challenges they pose Bo also shares what He and Beth Troutman have coming up Thursday on Good Morning BT! Listen here for all of this and more on The Brett Winterble Show!See omnystudio.com/listener for privacy information.
Oscar-winning director James Cameron is joining the board of Stability AI and he joins to discuss what AI means for the future of moviemaking. Morgan sits down for an exclusive interview with Commerce Secretary Gina Raimondo to discuss new proposals to ban some Chinese and Russian components from connected cars starting in 2027, plus the future of Intel. Earnings and analysis on KB Home, plus key investor takeaways from today's weight-loss drug pricing hearing on Capitol Hill.
As America waits to hear what Kamala Harris has as a vision for the country, cue the media for the assist! Why is David Muir moderating tonight? Buckle up! CNBC is getting louder by calling out Kamala's surrogates - this time - Commerce Secretary Gina Raimondo. And how hurling accusations of "racism" underscores the Democrats' desperation. Can Maxine Waters and Dan Goldman convince you you're racist if you're opposed to America's alien invasion?
In February 2023, U.S. Commerce Secretary Gina Raimondo was deciding whether or not to sign off on a Notice of Funding Opportunity (NOFO) for $39 billion in direct semiconductor manufacturing incentives. But this NOFO had several unconventional provisions: a pre-application (pre-app) to the actual application, upside sharing provisions to align incentives, and funding milestones so that only awardees making progress would receive additional funds. The funding had been made available through the U.S. Department of Commerce by the CHIPS (Creating Helpful Incentives to Produce Semiconductors) and Science Act passed a few months earlier. Raimondo's team had proposed additional measures that would help the U.S. regain technological leadership while protecting taxpayer funds. Should Raimondo move forward with the “innovative” NOFO, despite the risks?
Join Jim and Greg as they discuss the third night of the Democratic National Convention and more. They comment on Bill Clinton's decline, the fictional Tim Walz highlighted at the DNC vs. the one with a real & disturbing record as governor, the Dems projecting the fantasy that they are the party of freedom, and Biden's commerce secretary giving a bizarre reaction to a lousy jobs report.First, after commenting on Clinton's speech that was underwhelming and way too long, they dissect the "strikingly shameless" portrayal of Tim Walz as an everyman and good neighbor instead of the far left politician who coddled rioters, threatened anyone reluctant to take a Covid vaccine, added a Covid snitch line, and has had a cozy relationship with China for decades.Next, they shake their heads as Democrat after Democrat pretended that they are the party of freedom and that Republicans are the party of federal intrusion into our lives. And yet, there's only a couple of "freedoms" that they really care about and got repeated over and over Wednesday night.Finally, they laugh as Commerce Secretary Gina Raimondo accuses Donald Trump of issuing the Bureau of Labor Statistics (BLS) report showing the government overestimated the number of jobs created over the past year by 818,000. When confronted with the truth, Raimondo claimed she was not aware of the report.
After decades of neoliberalism, how much can America's bureaucrats crank the dial on effective industrial policy? Will the CHIPS Act succeed at reshoring high-tech manufacturing? Next week is the Chips Act's second anniversary. To discuss, ChinaTalk interviewed Ben Schwartz, the former director for national security at the CHIPS Program Office, which manages a $39 billion grant program appropriated by the CHIPS and Science Act. We get into: The methods and obstacles for American semiconductor policy; How CHIPS Act guardrails aim to balance economic growth and national security; The negotiation process for companies interested in receiving CHIPS Act funding; Reshoring vs friend-shoring and the challenge of Chinese dominance in legacy chip manufacturing; Staffing and organizational structure of the CHIPS Program Office, plus the role of Commerce Secretary Gina Raimondo; The challenge of collecting data on secretive semiconductor supply chains. Outtro Music: The Rolling Stones - You Can't Always Get What You Want (Youtube Link) Learn more about your ad choices. Visit megaphone.fm/adchoices
After decades of neoliberalism, how much can America's bureaucrats crank the dial on effective industrial policy? Will the CHIPS Act succeed at reshoring high-tech manufacturing? Next week is the Chips Act's second anniversary. To discuss, ChinaTalk interviewed Ben Schwartz, the former director for national security at the CHIPS Program Office, which manages a $39 billion grant program appropriated by the CHIPS and Science Act. We get into: The methods and obstacles for American semiconductor policy; How CHIPS Act guardrails aim to balance economic growth and national security; The negotiation process for companies interested in receiving CHIPS Act funding; Reshoring vs friend-shoring and the challenge of Chinese dominance in legacy chip manufacturing; Staffing and organizational structure of the CHIPS Program Office, plus the role of Commerce Secretary Gina Raimondo; The challenge of collecting data on secretive semiconductor supply chains. Outtro Music: The Rolling Stones - You Can't Always Get What You Want (Youtube Link) Learn more about your ad choices. Visit megaphone.fm/adchoices
The Department of Commerce's Tech Hubs program, a key initiative supported by the CHIPS and Science Act, aims to bolster federal research and innovation in emerging technologies, especially in areas outside major cities. Senior Biden administration officials discussed the program's impact during a call announcing 12 new initiatives that will receive funding. Commerce Secretary Gina Raimondo emphasized the need to decentralize the tech ecosystem, noting that 90% of new tech jobs have been concentrated in just five cities over the past two decades. Key focus areas for these Tech Hubs include uncrewed aerial systems, IT, semiconductors, high-performance materials, and grid resilience systems. Among the recent grant recipients are the Elevate Quantum TechFund in Colorado and the Wisconsin Biohealth TechHub. In other news, the General Services Administration (GSA) has announced a request for proposals for the Alliant 3 Governmentwide Acquisition Contract, notable for its unprecedented no-ceiling dollar amount. This contract seeks to cover a broad range of IT services, including AI, biometrics, quantum computing, and more, with a focus on emerging technologies. Greg Godbout and Noah Kunin, former leaders of the GSA's 18F digital team, join The Daily Scoop Podcast host Billy Mitchell to discuss their new initiative, info2insight. This open-source community aims to foster data-driven decision-making in government and accelerate the adoption of data analytics. They highlight the progress in government digital services and the need to pivot towards data analytics to manage the increasing information from AI and ML technologies. They share their vision for info2insight as a collaborative platform for civil servants, private-sector technologists, and academics to drive better governance through data insights.
Carl Quintanilla and Sara Eisen tackle today's biggest Money Movers from the floor of the New York Stock Exchange.
Monday, June 24th, 2024Today, the Biden Administration finally bans the use of Kaspersky software in the US; After an uproar over ethics, the new 'Washington Post' editor won't take the job; the man who attacked Paul Pelosi with a hammer has been convicted on state charges of aggravated kidnapping; the New York Times cites Trump's fundraising numbers as though they were fact; the five states poised to flip their legislatures; Jill Stein paid $150,000 to a consultant who was indicted over Biden deepfake robocalls; Mike Bloomberg gives $20M to help re-elect Biden; trump claims Joan Rivers voted for him; South Korea will consider supplying arms to Ukraine after Russia and North Korea sign strategic pact; Boeing may evade criminal charges for violating their settlement with the DoJ; Democrats put a spotlight on more than 1 million pensions saved under a 2021 law; a journalist shot by police while covering the 2020 protests is dying of her injuries; plus Allison delivers your Good News. Promo Code:For up to 30% off all mattress orders AND two free pillows for our listeners! Go to https://www.helixsleep.com/dailybeans.Tickets and LIVE show dates https://allisongill.comSubscribe for free to MuellerSheWrote on Substackhttps://muellershewrote.substack.com US Bans Kaspersky Software (Wired)Jill Stein paid $15000 to Consultant who was indicted over Biden deepfake robocalls (Business Insider)Mike Bloomberg gives @20 million to help Biden beat Trump (Washington Post)These 5 states are the most likely to see legislative chambers flip in November (Politico)Democrats put a spotlight on more than 1 million pensions saved under a 2021 law (AP News)After uproar over ethics, new 'Washington Post' editor won't take the job (NPR)Man who attacked Nancy Pelosi's husband also found guilty of kidnapping and faces life in prison (AP News)South Korea will consider supplying arms to Ukraine after Russia and North Korea sign strategic pact (AP News)Boeing May Evade Criminal Charges for Violating Settlement (NYT)A journalist shot by police while covering the 2020 protests is dying of her injuries (NPR) Subscribe to Lawyers, Guns, And MoneyAd-free premium feed: https://lawyersgunsandmoney.supercast.comSubscribe for free everywhere else:https://lawyersgunsandmoney.simplecast.com/episodes/1-miami-1985Check out other MSW Media podcastshttps://mswmedia.com/shows/Follow AG and Dana on Social MediaDr. Allison Gill Follow Mueller, She Wrote on Posthttps://post.news/@/MuellerSheWrote?utm_source=TwitterAG&utm_medium=creator_organic&utm_campaign=muellershewrote&utm_content=FollowMehttps://muellershewrote.substack.comhttps://twitter.com/MuellerSheWrotehttps://www.threads.net/@muellershewrotehttps://www.tiktok.com/@muellershewrotehttps://instagram.com/muellershewroteDana Goldberghttps://twitter.com/DGComedyhttps://www.instagram.com/dgcomedyhttps://www.facebook.com/dgcomedyhttps://danagoldberg.comHave some good news; a confession; or a correction to share?Good News & Confessions - The Daily Beanshttps://www.dailybeanspod.com/confessional/From The Good NewsStudent Loan Forgiveness (studentaide.gov)David Volk (Medium.com)SARG (shelteranimalsrescue.org) Live Show Ticket Links:https://allisongill.com (for all tickets and show dates)Wednesday July 10th – Portland OR – Polaris Hall(with Dana!)Thursday July 11th – Seattle WA – The Triple Door(with Dana!)Thursday July 25th Milwaukee, WI https://tinyurl.com/Beans-MKESunday July 28th Nashville, TN - with Phil Williams https://tinyurl.com/Beans-TennWednesday July 31st St. Louis, MO https://tinyurl.com/Beans-STLFriday August 16th Washington, DC - with Andy McCabe, Pete Strzok, Glenn Kirschner https://tinyurl.com/Beans-in-DCSaturday August 24 San Francisco, CA https://tinyurl.com/Beans-SF Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:The Daily Beans on Apple PodcastsWant to support the show and get it ad-free and early?Supercasthttps://dailybeans.supercast.com/OrPatreon https://patreon.com/thedailybeansOr subscribe on Apple Podcasts with our affiliate linkThe Daily Beans on Apple Podcasts
In today's episode, we discuss Microsoft's commitment to take full responsibility for security failures, as detailed in Brad Smith's House testimony (https://www.cybersecuritydive.com/news/microsoft--security-failures-house-testimony/718853/), YouTube's testing of harder-to-block server-side ad injections affecting ad blockers like SponsorBlock, along with the potential solutions (https://www.bleepingcomputer.com/news/google/youtube-tests-harder-to-block-server-side-ad-injection-in-videos/), and the new "Sleepy Pickle" attack technique that targets machine learning models, posing severe supply chain risks (https://thehackernews.com/2024/06/new-attack-technique-sleepy-pickle.html). Tune in for a detailed analysis of these pressing cybersecurity issues and their broader implications. Thanks to Jered Jones for providing the music for this episode. https://www.jeredjones.com/ Logo Design by https://www.zackgraber.com/ Tags: Microsoft, President, Security, Cybersecurity, Brad Smith, House testimony, Security failures, State-linked cyberattacks, U.S. federal agencies, Cyber attack, Machine learning, Sleepy Pickle, Pickle format, Supply chain risk Search Phrases: Microsoft security failures, Brad Smith House testimony, U.S. federal agencies cyber attack, State-linked cyberattack Microsoft, Measures to improve Microsoft cybersecurity, Sleepy Pickle machine learning, Protecting machine learning models, Cybersecurity in Pickle format, Supply chain risks in cybersecurity, Advanced server-side ad injection YouTube Microsoft will take full ownership for security failures in House testimony https://www.cybersecuritydive.com/news/microsoft--security-failures-house-testimony/718853/ ---`- Microsoft's Accountability: Brad Smith, Microsoft's vice chair and president, commits to taking full responsibility for recent security failures in his written testimony to the U.S. House Committee on Homeland Security. This is a critical move for transparency and accountability in the cybersecurity sector. State-Linked Cyberattacks: The testimony follows two significant state-linked cyberattacks on Microsoft. Hackers from the People's Republic of China targeted Microsoft Exchange Online, compromising 22 organizations and 500 individuals, including high-profile figures like U.S. Commerce Secretary Gina Raimondo. Another attack from the Russia-linked Midnight Blizzard group compromised senior executives' credentials, impacting federal agency security. Preventable Breaches: A report by the U.S. Cyber Safety Review Board criticized Microsoft for prioritizing speed to market and new features over security, labeling the attacks as preventable. This highlights the importance for cybersecurity professionals to balance innovation with robust security measures. Security Recommendations: The Cyber Safety Review Board issued 25 recommendations to improve security, 16 specifically for Microsoft. These recommendations are essential for Microsoft and the broader cloud security industry to address vulnerabilities and prevent future breaches. Phishing Attack Surge: Nation-state cyber activity has intensified, with Microsoft experiencing 47 million phishing attacks against its employees and 345 million daily attacks against its customers. This underscores the importance of phishing awareness and training for all cybersecurity professionals. Enhanced Security Measures: To bolster internal security, Microsoft plans to link senior executive compensation to meeting security goals, demonstrating a commitment to accountability. Additionally, the company has invited the Cybersecurity and Infrastructure Security Agency (CISA) to its headquarters for a detailed briefing on their security strategy. Industry Implications: Critics argue that Microsoft's dominant position in federal systems should be re-evaluated given its security lapses. This raises questions about the broader implications for vendor accountability and the need for stringent security standards in government contracts.` YouTube tests harder-to-block server-side ad injection in videos https://www.bleepingcomputer.com/news/google/youtube-tests-harder-to-block-server-side-ad-injection-in-videos/ ---`- YouTube Ad Blocking Challenge: YouTube now injects advertisements directly into video streams (server-side ad injection), making it tougher for ad blockers to filter them out. (Source: BleepingComputer) This method integrates ads seamlessly into the video content, creating a continuous stream that includes ad segments. Impact on Ad Blockers: Traditional ad blockers, which rely on blocking JavaScript scripts for ad insertion, will struggle with this new approach. SponsorBlock, a tool that crowdsources data to skip sponsored content, reports that server-side ad injection disrupts its functionality. Technical Breakdown: YouTube uses smaller video segments, or "chunks," stitched together to create continuous playback. A manifest file dictates the sequence of these chunks, including both content and ads, complicating the ability to skip or block ads. SponsorBlock's Response: Currently, SponsorBlock blocks submissions from browsers with server-side ad injection to avoid data corruption. Future solutions may involve calculating ad durations via metadata and YouTube's interface elements, though these systems are still in development. Potential Solutions for Ad Blockers: Ad blockers might need to evolve by developing sophisticated detection algorithms, analyzing metadata, and employing advanced pattern recognition techniques to identify ad segments.` New Attack Technique 'Sleepy Pickle' Targets Machine Learning Models https://thehackernews.com/2024/06/new-attack-technique-sleepy-pickle.html ---`1. Discovery of Sleepy Pickle Attack: Trail of Bits researchers discovered a new attack technique called "Sleepy Pickle" that targets machine learning (ML) models. Unlike traditional attacks, Sleepy Pickle focuses on corrupting the ML model itself, posing a severe supply chain risk. Mechanism and Risks: The attack leverages the Pickle format, commonly used in ML libraries like PyTorch, to carry out arbitrary code execution during deserialization. Sleepy Pickle can insert backdoors, control outputs, or tamper with processed data, leading to dangerous consequences like misinformation or data theft. Attack Delivery Methods: Attackers can deliver the payload using techniques such as adversary-in-the-middle (AitM) attacks, phishing, supply chain compromise, or exploiting system weaknesses. When deserialized, the payload modifies the model in-place, making detection very difficult. Recommendations for Mitigation: Only load models from trusted users and organizations. Use signed commits and consider alternatives to Pickle, like TensorFlow or Jax formats with auto-conversion mechanisms. Potential Impact: Hypothetical scenarios include generating harmful outputs (e.g., unsafe health advice), stealing user data, or manipulating news article summaries to redirect to phishing sites. The attack can maintain surreptitious access to ML systems, evading detection by modifying model behavior dynamically. Broader Implications: Sleepy Pickle highlights the need for stronger supply chain security and awareness of vulnerabilities in widely-used software components. The attack's ability to corrupt local models without appearing as an ML model broadens the attack surface significantly.`
The United States is intensifying its tech war against China. In yet another act of "economic coercion" targeting Chinese companies, the US has revoked export licenses that allowed tech giants such as Qualcomm and Intel to supply chips to Chinese telecommunications equipment company Huawei, which Washington has already put on a trade restriction "entity list" since 2019 on the grounds that it poses national security risks to the US.美国正在加紧对中国的科技战争。在针对中国公司的又一次“经济胁迫”行动中,美国撤销了允许高通和英特尔等科技巨头向中国电信设备公司华为供应芯片的出口许可证,而华盛顿已经自2019年起将华为列入贸易限制“实体名单”,理由是华为对美国构成国家安全风险。The move comes after the Chinese company unveiled its first AI-enabled laptop last month, and announced that its first-quarter profits surged more than fivefold year-on-year, making some China hawks in Washington to complain that previous US crackdowns on the Chinese company have not yielded the intended results. They have pushed for the US administration to further tighten the screws on the company.此前,这家中国公司上个月推出了首款支持人工智能的笔记本电脑,并宣布其第一季度利润同比增长五倍以上。这让在华盛顿的一些鹰派人士抱怨说,美国此前对中国公司的打压并未取得预期效果。他们要求美国政府进一步收紧对中国公司的限制。Speaking before the House Appropriations Committee on Wednesday, Commerce Secretary Gina Raimondo made no bones about Washington's abuse of export controls. "I tell semiconductor companies that they can't sell their chips to China," she told the panel.5月8日,商务部长吉娜·雷蒙多在众议院拨款委员会上公开阐述了华盛顿滥用出口管制的行为。她对小组成员说:“我告诉半导体公司,他们不能把芯片卖给中国。”The new sanctions will certainly undermine the smooth development of Sino-US relations, which the two sides have managed to stabilize since last year through a series of high-level visits. The latest move not only runs counter to the World Trade Organization rules, but also belies the commitment the US has repeatedly made to China that it does not seek to "decouple" from the country or to contain its development.自去年以来,中美双方通过一系列高层互访成功稳定了两国关系,新的制裁措施必将破坏两国关系的顺利发展。最新举措不仅违背了世界贸易组织的规则,也有悖于美国多次对中国做出的承诺,即美国不寻求与中国“脱钩”,也不寻求遏制中国的发展。The fact that the latest US restrictions are targeted at purely civilian consumer chip products exported to China also makes the promise that US Treasury Secretary Janet Yellen made during her visits to China that US national security actions in the economic sphere are narrowly scoped and based on clearly defined national security concerns sound empty.美国最新的限制措施针对的是出口到中国的纯民用消费芯片产品,这也使得美国财政部长珍妮特·耶伦在访华期间做出的承诺,即美国在经济领域的国家安全行动范围狭窄,且基于明确界定的国家安全关切,沦为空谈。There is increasing evidence that the US is trying to erect a technological "iron curtain" to isolate China from the rest of the world in the realm of high technologies.While unveiling US International Cyberspace and Digital Policy Strategy at a major tech forum in San Francisco on Monday, US Secretary of State Anthony Blinken declared that the US intends to enhance international technology collaborations — or "digital solidarity" — with its allies and partners in technological advancements ranging from artificial intelligence to quantum computing, which obviously is aimed at countering China's progress in these fields."越来越多的证据表明,美国正试图在高科技领域设置一道技术“铁幕”,将中国与世界其他国家隔离开来。5月6日,美国国务卿安东尼·布林肯在旧金山举行的一个重要科技论坛上公布美国国际网络空间和数字政策战略时宣称,美国打算在从人工智能到量子计算等技术进步领域加强与盟国和伙伴的国际技术合作,即“数字团结”,这显然是旨在对抗中国在这些领域的进步。"Today's revolutions in technology are at the heart of our competition with geopolitical rivals. They pose a real test to our security," he said, adding "it is critical that we work with trusted vendors and exclude untrustworthy ones from the ecosystem".“今天的技术革命是我们与地缘政治对手竞争的核心。它们对我们的安全构成了真正的考验,”他补充说,“我们必须与值得信赖的供应商合作,将不值得信赖的供应商排除在生态系统之外,这是至关重要的。”The US has not achieved its goal of impeding China's technological advances with its sweeping technology restrictions in the past. It will not do so in the future.美国过去通过全面的技术限制阻碍中国的技术进步,但这一目标并未实现。今后也不会实现。semiconductor半导体sanction制裁US International Cyberspace and Digital Policy Strategy美国国际网络空间和数字政策战略
Commerce Secretary Gina Raimondo wants to position the U.S. to become a leader in semiconductor manufacturing. After all, the U.S. invented the industry not so long ago. The Biden administration has invested $30 billion in new factories, and companies have thrown in 10 times that sum. In this episode, Raimondo tells “Marketplace” host Kai Ryssdal where she hopes U.S. chip production will be by 2030. Plus, her broadband expansion plan and how she views our trade relationship with China. Support our nonprofit newsroom today and pick up a fun thank-you gift like our new Shrinkflation mini tote bag or the fan favorite KaiPA pint glass!
Commerce Secretary Gina Raimondo wants to position the U.S. to become a leader in semiconductor manufacturing. After all, the U.S. invented the industry not so long ago. The Biden administration has invested $30 billion in new factories, and companies have thrown in 10 times that sum. In this episode, Raimondo tells “Marketplace” host Kai Ryssdal where she hopes U.S. chip production will be by 2030. Plus, her broadband expansion plan and how she views our trade relationship with China. Support our nonprofit newsroom today and pick up a fun thank-you gift like our new Shrinkflation mini tote bag or the fan favorite KaiPA pint glass!
Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: U.S. Commerce Secretary Gina Raimondo Announces Expansion of U.S. AI Safety Institute Leadership Team [and Paul Christiano update], published by Phib on April 16, 2024 on The Effective Altruism Forum. U.S. Secretary of Commerce Gina Raimondo announced today additional members of the executive leadership team of the U.S. AI Safety Institute (AISI), which is housed at the National Institute of Standards and Technology (NIST). Raimondo named Paul Christiano as Head of AI Safety, Adam Russell as Chief Vision Officer, Mara Campbell as Acting Chief Operating Officer and Chief of Staff, Rob Reich as Senior Advisor, and Mark Latonero as Head of International Engagement. They will join AISI Director Elizabeth Kelly and Chief Technology Officer Elham Tabassi, who were announced in February. The AISI was established within NIST at the direction of President Biden, including to support the responsibilities assigned to the Department of Commerce under the President's landmark Executive Order. ... Paul Christiano, Head of AI Safety, will design and conduct tests of frontier AI models, focusing on model evaluations for capabilities of national security concern. Christiano will also contribute guidance on conducting these evaluations, as well as on the implementation of risk mitigations to enhance frontier model safety and security. Christiano founded the Alignment Research Center, a non-profit research organization that seeks to align future machine learning systems with human interests by furthering theoretical research. He also launched a leading initiative to conduct third-party evaluations of frontier models, now housed at Model Evaluation and Threat Research (METR). He previously ran the language model alignment team at OpenAI, where he pioneered work on reinforcement learning from human feedback (RLHF), a foundational technical AI safety technique. He holds a PhD in computer science from the University of California, Berkeley, and a B.S. in mathematics from the Massachusetts Institute of Technology. Following up from previous news post: https://forum.effectivealtruism.org/posts/9QLJgRMmnD6adzvAE/nist-staffers-revolt-against-expected-appointment-of Thanks for listening. To help us out with The Nonlinear Library or to learn more, please visit nonlinear.org
Carl Quintanilla, Jim Cramer and David Faber led off the show with news involving a major supplier to Nvidia and Apple. The White House announced CHIPS Act grants of $6.6 billion to Taiwan Semiconductor, for expansion of the chipmaker's Arizona plants. Commerce Secretary Gina Raimondo and the anchors discussed that funding. Sara Eisen's exclusive interview with Treasury Secretary Janet Yellen in China included a focus on tariffs -- with electric vehicles also in the spotlight. Also on the program: Market worries about the Fed possibly scaling back plans for interest rate cuts, Jamie Dimon's message on rates and AI in his annual letter to JPMorgan Chase shareholders, what to make of the banking sector ahead of earnings later this week, why Jim took off his belt. Squawk on the Street Disclaimer
The Cyber Safety Review Board is lambasting the cloud security practices of one of the government's biggest technology vendors.The CSRB, in its report released Tuesday, details the review of the summer 2023 Microsoft Exchange Online intrusion. The report includes also several recommendations for how agencies could improve cloud security across government and beyond.The board found a “cascade of Microsoft's avoidable errors” contributed to an incident where hackers pilfered unclassified emails from 22 organizations and more than 500 victims, including Commerce Secretary Gina Raimondo, U.S. Ambassador to China Nicholas Burns, and House Rep. Don Bacon (R-Neb.)“The board finds that this intrusion was preventable and should never have occurred,” the report states. “The board also concludes that Microsoft's security culture was inadequate and requires an overhaul, particularly in light of the company's centrality in the technology ecosystem and the level of trust customers place in the company to protect their data and operations.” Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Cyber Safety Review Board is lambasting the cloud security practices of one of the government's biggest technology vendors. The CSRB, in its report released Tuesday, details the review of the summer 2023 Microsoft Exchange Online intrusion. The report includes also several recommendations for how agencies could improve cloud security across government and beyond. The board found a “cascade of Microsoft's avoidable errors” contributed to an incident where hackers pilfered unclassified emails from 22 organizations and more than 500 victims, including Commerce Secretary Gina Raimondo, U.S. Ambassador to China Nicholas Burns, and House Rep. Don Bacon (R-Neb.) “The board finds that this intrusion was preventable and should never have occurred,” the report states. “The board also concludes that Microsoft's security culture was inadequate and requires an overhaul, particularly in light of the company's centrality in the technology ecosystem and the level of trust customers place in the company to protect their data and operations.” Learn more about your ad choices. Visit megaphone.fm/adchoices
After achieving victory in the Cold War against the Soviet Union, US political leadership, starting with the Clinton Administration, has made a continuing string of strategic blunders that have brought the United States to the point where - after building China up for decades - we face an enemy determined to become the new global hegemon and that now possesses equal economic, military and diplomatic resources. To learn how this came about, in this episode Bill talks with James E. Fanell and Bradley A. Thayer, Ph.D, authors of Embracing Communist China: America's Greatest Strategic Failure. Jim Fanell, a retired U.S. Navy captain and the former Director of Intelligence and Information Operations for the U.S. Pacific Fleet, is now a Government Fellow at the Geneva Centre for Security Policy. Brad Thayer is an expert in Chinese grand strategies and the history of Chinese and Western strategic thought; and a former visiting fellow at Magdalen College, University of Oxford. “How did China go from an underdeveloped country in 1990 with about 0.6 of 1% of world gross domestic product to over 20% of world GDP today?” asks Brad. “The answer in large part is that the United States aided and abetted the rise of the Chinese Communist Party and kept it in power. That has never happened before in international politics where one state, the dominant state, has funded the rise of an enemy.” U.S. foreign policy toward the People's Republic of China (PRC) has been dominated by the so-called “Engagement School” since the end of the Cold War. They believed that U.S. political and economic engagement with the Chinese Communist Party (CCP) would transform the PRC into a “responsible stakeholder” in the Western economic system and, ideally a democracy. Of course, none of that happened. Instead, the Engagement School saved the CCP and ensured that the PRC became wealthier and more powerful year-after-year and used that power to re-make the international order to suit the CCP's interests and to threaten U.S. national security, allies, and partners. “Engaging” with China has led to the offshoring of manufacturing jobs, the loss of intellectual property, and making the U.S. energy future dependent on China, just to name a few of our strategic blunders. “We thought we could make China and CCP become more like us, that they would see the value of the being part of a US dominated system created in the post-World War II era. We assumed they would just naturally drift into becoming a liberal democracy. So we didn't fundamentally understand communism. We didn't understand the Chinese Communist Party's commitment to that ideology,” explains Jim. The Trump administration began the difficult task of ending Engagement. However, under Biden, it has now returned in a supercharged form. The Biden “reset” began in earnest in May when CIA Director Nicholas Burns made a secret trip to Beijing to meet with his Chinese counterparts. Then began a cavalcade of visits to the PRC from senior Biden officials: Secretary of State Anthony Blinken, National Security Advisor Jake Sullivan, Treasury Secretary Janet Yellen, Climate Czar John Kerry, and Commerce Secretary Gina Raimondo who was most explicit regarding why nothing could jeopardize the approximately $750 billion per year trade relationship with the PRC. “But the apotheosis of the engagement paradigm was the summit meeting in November between Xi and Biden. The meeting with Biden was just Xi's doormat to get to what really mattered: the meeting with the 400 business leaders,” explain Jim and Brad. “Never in our history have Americans so openly and brazenly celebrated a communist and murderous dictator. It was an appalling and shameful moment in American history.” “The U.S. has little to show in return for all these meetings, except for the loss of face and its own national power—again, year-after-year. It is stunning that so few Americans have asked what good has America received from the Engagement School. The elite have gotten wealthier, so they and the CCP are the winners. But it's the Chinese and American people that bear the costs.”
Jim Cramer and David Faber led off the show with Nvidia and highlights from Jim's exclusive "Mad Money" interview with CEO Jensen Huang. The CHIPS Act also in the spotlight: Intel CEO Pat Gelsinger appeared one-on-one with Jon Fortt to talk about the billions of dollars in funding the company has been awarded. Jim and David discussed an excerpt from Cramer's interview on the CHIPS Act with Commerce Secretary Gina Raimondo, which is slated to air Wednesday night on "Mad Money." Also in focus: Fed decision day, Apple CEO Tim Cook visits China, Chipotle's 50-for-1 stock split. Squawk on the Street Disclaimer
Military threats, trade sanctions, and fake news—we take a look at how Beijing is using “all means” to influence Taiwan's vote this Saturday. House Speaker Mike Johnson met with Taiwan's new de facto ambassador to the United States just days before the island's presidential election. What's the speaker's message to Taiwan? The United States and the Chinese regime are relaunching military talks. A top U.S. lawmaker is urging trade limits on a foreign tech firm with ties to China. We have more details on a letter sent to Commerce Secretary Gina Raimondo. ⭕️ Watch in-depth videos based on Truth & Tradition at Epoch TV
Stocks gained back ground following Wednesday's slide, but Nike moved lower on quarterly results. Analyst Brian Nagel joins to break down the quarter. Commerce Secretary Gina Raimondo talks in an exclusive interview about chips and reports about China president Xi's comments surrounding Taiwan, plus thoughts on Nippon Steel's deal to buy U.S. Steel. The CEO of Nordic American Tankers on protecting his fleet in the Red Sea. And IMAX CEO Richard Gelfond on what big media consolidation would mean for the movie business.
Major averages ended lower today, but well off the lows. Wilmington Trust's Meghan Shue and Bespoke's Paul Hickey break down the market action. Morgan sits down with Commerce Secretary Gina Raimondo, Boeing Defense CEO Ted Colbert and Air Force Secretary Frank Kendall at the Reagan National Defense Forum. Blackstone's private equity group has $40B in dry powder it can deploy; group head Joe Baratta on the top opportunities his team sees and why public markets are more interesting than private right now. Jefferies analyst Sheila Kahyaoglu on industry implications for Alaska Air's purchase of Hawaiian Airlines. Plus, Roche buys its way into the obesity drug craze.
This is Garrison Hardie with your CrossPolitic Daily News Brief for Friday, November 17th, 2023. Download our new app!: You guys are aware that we have a new app right? If not you should download it right now! Head on over to your app store, and type in “CrossPolitic”, “Fight Laugh Feast”, or “PubTV”. Once you find the app, you may need to update your app, or if you have a droid phone, you may need to delete your current FLF app, and re-download it! Once downloaded you’ll be able to view or listen to our content right on your mobile device! As always, if you’d like to sign up for a pub membership, you can head on over to fightlaughfeast.com… that’s fightlaughfeast.com. https://www.foxnews.com/politics/house-ethics-committee-head-moves-to-expel-george-santos-after-release-of-damning-report House Ethics Committee head to move to expel George Santos after release of damning report The chairman of the House Ethics Committee will move to expel Rep. George Santos, R-N.Y., from Congress after the release of a damning report into the embattled Long Island Republican. "Chairman Guest feels that the evidence uncovered in the Committee’s investigation is more than sufficient to warrant punishment, and that the most appropriate punishment is expulsion," Republican Mississippi Rep. Michael Guest's personal office told Fox News Digital on Thursday. "So, separate from the Committee process and his role as Chairman, he plans to file an expulsion resolution during tomorrow’s 9:00 am pro forma session." The ethics committee released a damning report that accused Santos of having "used campaign funds for personal purposes" and "engaged in fraudulent conduct," among other allegations. Guest filing the resolution on Friday tees up an expected vote on whether to boot Santos from the House sometime after lawmakers return from the Thanksgiving break on Nov. 28. A 56-page deep dive into the allegations against Santos by the panel's Investigative subcommittee detailed campaign funds being spent at spas and luxury stores, among other questionable places. The bipartisan subcommittee unanimously agreed that Santos "knowingly caused his campaign committee to file false or incomplete reports with the Federal Election Commission; used campaign funds for personal purposes; engaged in fraudulent conduct in connection with RedStone Strategies LLC; and engaged in knowing and willful violations of the Ethics in Government Act as it relates to his Financial Disclosure (FD) Statements filed with the House." That includes $50,000 in campaign donations that were wired to Santos' personal account on Oct. 21, 2022, and allegedly used to, among other things, "pay down personal credit card bills and other debt; make a $4,127.80 purchase at Hermes; and for smaller purchases at OnlyFans; Sephora; and for meals and for parking." Santos also spent more than $2,200 at resorts in Atlantic City, New Jersey, from July 23, 2022, to July 24, 2022, according to the report, despite a staffer telling the subcommittee that "he was not aware of any events in Atlantic City and did not attend any campaign events in Atlantic City." Santos posted a lengthy response to the report on X, in which he announced he would not seek re-election in 2024 and accused the House Ethics Committee of bias. "If there was a single ounce of ETHICS in the ‘Ethics committee’, they would have not released this biased report. The Committee went to extraordinary lengths to smear myself and my legal team about me not being forthcoming (My legal bills suggest otherwise)," Santos wrote. "It is a disgusting politicized smear that shows the depths of how low our federal government has sunk. Everyone who participated in this grave miscarriage of Justice should all be ashamed of themselves." GOP lawmakers from New York previously moved to expel Santos earlier this month, but the effort failed along bipartisan lines. Most Democrats who said they voted to punt the measure explained they were waiting for the findings of the ethics committee report. https://dailycaller.com/2023/11/16/chinas-xi-receives-standing-ovation-american-business-leaders/ China’s Xi Receives Standing Ovation From American Business Leaders Chinese President Xi Jinping received a standing ovation from American business leaders during an exclusive dinner in San Francisco on Wednesday. Xi met with President Joe Biden on the sidelines of the Asia-Pacific Economic Cooperation (APEC) conference in San Francisco Wednesday and had talks on a broad range of issues, including military communications, fentanyl trafficking and Taiwan. During a private dinner in the city’s downtown Hyatt Regency hours later, Xi gave a speech about the need for China-U.S. cooperation and received praise from hundreds of high-level American business executives. “China is pursuing high-quality development, and the United States is revitalizing its economy,” Xi said during his speech. “There is plenty of room for our cooperation.” Among the leaders at the reception and dinner were Apple CEO Tim Cook, Blackrock CEO Larry Fink, Tesla and X CEO Elon Musk and a number of executives from FedEx, Qualcomm, KKR, Blackstone and Boeing, according to The Wall Street Journal. Tickets to attend the dinner started at $2,000 per person, up to $40,000 for a chance to dine with Xi at his table. “I think it’s important Americans and Chinese are meeting again face to face,” said managing director for China of McLarty Associates John L. Holden, who attended the dinner, according to The New York Times. “This is not a magic bullet, but it is something that can provide possibilities that wouldn’t exist otherwise.” “All of you here this evening remain keenly interested to do business in China, and to find ways to advance our bilateral economic relationship,” Commerce Secretary Gina Raimondo told the audience at the dinner, CNBC reported. “I know that, because half of you have come to see me to tell me that.” During his speech, Xi claimed that China is “ready to be partners and friends” rather than adversaries with the U.S, according to the Times. He also evoked China’s history with the U.S., recalling American and Chinese cooperation to defeat the Japanese during World War II. Democratic California Gov. Gavin Newsom gifted Xi a Golden State Warriors Basketball jersey during the dinner, according to a Chinese Foreign Affairs spokesperson in attendance. In his meeting with Biden hours prior, Xi agreed to reestablish military-to-military communication lines with the U.S., which had been cut off in February. Xi also agreed to take steps to “dramatically curtail” the creation of fentanyl precursors created in China, which often end up in Mexico to be made into completed products and are subsequently trafficked into the U.S. Biden praised his Wednesday meeting with Xi and then called him a “dictator” minutes later. “Well, look, he is,” Biden said during a press conference Wednesday. Biden again calls Xi ‘dictator’ after Chinese prez warns against ‘turning back’ on Beijing-Play Clip The White House and China’s foreign ministry did not immediately respond to a request for comment. https://www.foxnews.com/us/pro-palestinian-protesters-block-bridges-boston-san-francisco-rush-hour Pro-Palestinian protesters block bridges in Boston, San Francisco during rush hour Pro-Palestinian protesters blocked traffic on bridges in Boston and San Francisco during rush hour Thursday morning to call for a cease-fire in Gaza as Israel continues to target Hamas leadership more than a month after the militant group’s deadly incursion into Israel. On the Boston University bridge, the group IfNotNow, which says it represents members of Boston’s Jewish community, chanted "Cease-fire now!" and demanded that Sen. Elizabeth Warren, D-Mass., support an immediate cease-fire and use her influence to stop the Israeli government’s military action in Gaza. The protest slowed traffic to a trickle on the bridge, which connects Boston and Cambridge, as the group held signs that said, "Let Gaza Live," and unfurled a banner across the roadway that read, "Jews say: Ceasefire now." "We care about Palestinian lives, we only want to hurt Hamas," one protester on the bridge told NBC Boston, while another said, "There can’t be peace for Jews unless there is peace for Palestinians." Meanwhile, Pro-Palestinian protesters also shut down the Bay Bridge in San Francisco, where President Biden was courting world leaders at the Asia-Pacific Economic Cooperation summit. The Arab Resource and Organizing Center planned the demonstration, in which protesters were heard shouting, "Free Palestine" and "We want justice." Others chained themselves to the bridge or lay in the road covered with sheets smeared with fake blood, FOX2 KTVU reported. Authorities had closed one lane on the bridge as a preventative measure during the summit, the station reported, citing the California Highway Patrol. Israel vowed to wipe out Hamas after the militant group launched its Oct. 7 surprise attack, in which at least 1,200 people died in Israel and around 240 were taken captive by militants back to Gaza. More than 11,200 Palestinians have been killed since the war began, according to the Health Ministry in Hamas-run Gaza. The protest came as Israeli forces dropped leaflets warning Palestinians to flee parts of southern Gaza, residents said Thursday, signaling a possible expansion of their offensive. https://www.breitbart.com/politics/2023/11/15/nolte-miserable-chicagoans-drop-mayor-brandon-johnsons-approval-rating-to-28/ Miserable Chicagoans Drop Mayor Brandon Johnson’s Approval Rating to 28% In Wednesday’s glorious edition of Democrats Getting What They Voted For, newly elected Democrat Chicago Mayor Brandon Johnson has an approval rating of just 28 percent. Echelon Insights polled 800 registered voters in Chicago between October 18 and 22. So how is it possible that Johnson, who won a majority just seven short months ago, is now sitting with a dismal 28 percent approval rating, which is only one point higher than Lori Lightfoot (the sitting mayor he defeated) had in February 2023, which was only one month before she lost her reelection campaign? I think the answer to this disconnect is obvious. In Chicago, dead people can vote, but dead people cannot be polled over the telephone. When asked about Chicago’s worst issues, 69 percent of those polled said crime. That’s only a two-point decrease since February. Then came high taxes (31 percent) and homelessness (20 percent). Everything else was under 15 percent. When asked how Mayor Johnson is doing on those top three issues, only 21 percent approved of the job he’s doing on crime, while 66 percent disapproved. On economic development, only 32 percent approved, while 43 percent disapproved. On housing and homelessness, only 18 percent approved, while 63 percent disapproved. On the specific issue of “management of immigrants transported to the city,” only 23 percent approved, while 64 percent disapproved. This question relates directly to His Fraudulency, Joe Biden, throwing the southern border wide open to millions of unvetted, third-world illegal aliens. On that same question, living Chicago voters were asked, “How do you feel about Mayor Brandon Johnson’s proposed plan to house migrants in ‘base camps’ made up of large, heated tents in various parts of Chicago?” Only 28 percent approved, while 63 percent disapproved. Those who said they “strongly oppose” on this question made up nearly half, 46 percent. When asked if they supported or opposed Chicago’s status as a sanctuary city, a majority of 52 percent opposed, while 42 percent supported. In February 2023, the month before Chicago voted Lightfoot out, 28 percent said the city was headed in the right direction. That number has now dropped to just 20 percent, while 65 percent say things are headed in the wrong direction. Now that cash bail has been eliminated statewide, it hurts Chicago more than any other city. Only 35 percent of Chicagoans support that policy, but the Democrat governor who instituted that suicide pact won around 80 percent of the vote in Cook County, which is where Chicago sits. This poll tells us that Chicagoans are getting exactly what they voted for and are quite upset over it, which tells you just how damaged Democrats are.
This is Garrison Hardie with your CrossPolitic Daily News Brief for Friday, November 17th, 2023. Download our new app!: You guys are aware that we have a new app right? If not you should download it right now! Head on over to your app store, and type in “CrossPolitic”, “Fight Laugh Feast”, or “PubTV”. Once you find the app, you may need to update your app, or if you have a droid phone, you may need to delete your current FLF app, and re-download it! Once downloaded you’ll be able to view or listen to our content right on your mobile device! As always, if you’d like to sign up for a pub membership, you can head on over to fightlaughfeast.com… that’s fightlaughfeast.com. https://www.foxnews.com/politics/house-ethics-committee-head-moves-to-expel-george-santos-after-release-of-damning-report House Ethics Committee head to move to expel George Santos after release of damning report The chairman of the House Ethics Committee will move to expel Rep. George Santos, R-N.Y., from Congress after the release of a damning report into the embattled Long Island Republican. "Chairman Guest feels that the evidence uncovered in the Committee’s investigation is more than sufficient to warrant punishment, and that the most appropriate punishment is expulsion," Republican Mississippi Rep. Michael Guest's personal office told Fox News Digital on Thursday. "So, separate from the Committee process and his role as Chairman, he plans to file an expulsion resolution during tomorrow’s 9:00 am pro forma session." The ethics committee released a damning report that accused Santos of having "used campaign funds for personal purposes" and "engaged in fraudulent conduct," among other allegations. Guest filing the resolution on Friday tees up an expected vote on whether to boot Santos from the House sometime after lawmakers return from the Thanksgiving break on Nov. 28. A 56-page deep dive into the allegations against Santos by the panel's Investigative subcommittee detailed campaign funds being spent at spas and luxury stores, among other questionable places. The bipartisan subcommittee unanimously agreed that Santos "knowingly caused his campaign committee to file false or incomplete reports with the Federal Election Commission; used campaign funds for personal purposes; engaged in fraudulent conduct in connection with RedStone Strategies LLC; and engaged in knowing and willful violations of the Ethics in Government Act as it relates to his Financial Disclosure (FD) Statements filed with the House." That includes $50,000 in campaign donations that were wired to Santos' personal account on Oct. 21, 2022, and allegedly used to, among other things, "pay down personal credit card bills and other debt; make a $4,127.80 purchase at Hermes; and for smaller purchases at OnlyFans; Sephora; and for meals and for parking." Santos also spent more than $2,200 at resorts in Atlantic City, New Jersey, from July 23, 2022, to July 24, 2022, according to the report, despite a staffer telling the subcommittee that "he was not aware of any events in Atlantic City and did not attend any campaign events in Atlantic City." Santos posted a lengthy response to the report on X, in which he announced he would not seek re-election in 2024 and accused the House Ethics Committee of bias. "If there was a single ounce of ETHICS in the ‘Ethics committee’, they would have not released this biased report. The Committee went to extraordinary lengths to smear myself and my legal team about me not being forthcoming (My legal bills suggest otherwise)," Santos wrote. "It is a disgusting politicized smear that shows the depths of how low our federal government has sunk. Everyone who participated in this grave miscarriage of Justice should all be ashamed of themselves." GOP lawmakers from New York previously moved to expel Santos earlier this month, but the effort failed along bipartisan lines. Most Democrats who said they voted to punt the measure explained they were waiting for the findings of the ethics committee report. https://dailycaller.com/2023/11/16/chinas-xi-receives-standing-ovation-american-business-leaders/ China’s Xi Receives Standing Ovation From American Business Leaders Chinese President Xi Jinping received a standing ovation from American business leaders during an exclusive dinner in San Francisco on Wednesday. Xi met with President Joe Biden on the sidelines of the Asia-Pacific Economic Cooperation (APEC) conference in San Francisco Wednesday and had talks on a broad range of issues, including military communications, fentanyl trafficking and Taiwan. During a private dinner in the city’s downtown Hyatt Regency hours later, Xi gave a speech about the need for China-U.S. cooperation and received praise from hundreds of high-level American business executives. “China is pursuing high-quality development, and the United States is revitalizing its economy,” Xi said during his speech. “There is plenty of room for our cooperation.” Among the leaders at the reception and dinner were Apple CEO Tim Cook, Blackrock CEO Larry Fink, Tesla and X CEO Elon Musk and a number of executives from FedEx, Qualcomm, KKR, Blackstone and Boeing, according to The Wall Street Journal. Tickets to attend the dinner started at $2,000 per person, up to $40,000 for a chance to dine with Xi at his table. “I think it’s important Americans and Chinese are meeting again face to face,” said managing director for China of McLarty Associates John L. Holden, who attended the dinner, according to The New York Times. “This is not a magic bullet, but it is something that can provide possibilities that wouldn’t exist otherwise.” “All of you here this evening remain keenly interested to do business in China, and to find ways to advance our bilateral economic relationship,” Commerce Secretary Gina Raimondo told the audience at the dinner, CNBC reported. “I know that, because half of you have come to see me to tell me that.” During his speech, Xi claimed that China is “ready to be partners and friends” rather than adversaries with the U.S, according to the Times. He also evoked China’s history with the U.S., recalling American and Chinese cooperation to defeat the Japanese during World War II. Democratic California Gov. Gavin Newsom gifted Xi a Golden State Warriors Basketball jersey during the dinner, according to a Chinese Foreign Affairs spokesperson in attendance. In his meeting with Biden hours prior, Xi agreed to reestablish military-to-military communication lines with the U.S., which had been cut off in February. Xi also agreed to take steps to “dramatically curtail” the creation of fentanyl precursors created in China, which often end up in Mexico to be made into completed products and are subsequently trafficked into the U.S. Biden praised his Wednesday meeting with Xi and then called him a “dictator” minutes later. “Well, look, he is,” Biden said during a press conference Wednesday. Biden again calls Xi ‘dictator’ after Chinese prez warns against ‘turning back’ on Beijing-Play Clip The White House and China’s foreign ministry did not immediately respond to a request for comment. https://www.foxnews.com/us/pro-palestinian-protesters-block-bridges-boston-san-francisco-rush-hour Pro-Palestinian protesters block bridges in Boston, San Francisco during rush hour Pro-Palestinian protesters blocked traffic on bridges in Boston and San Francisco during rush hour Thursday morning to call for a cease-fire in Gaza as Israel continues to target Hamas leadership more than a month after the militant group’s deadly incursion into Israel. On the Boston University bridge, the group IfNotNow, which says it represents members of Boston’s Jewish community, chanted "Cease-fire now!" and demanded that Sen. Elizabeth Warren, D-Mass., support an immediate cease-fire and use her influence to stop the Israeli government’s military action in Gaza. The protest slowed traffic to a trickle on the bridge, which connects Boston and Cambridge, as the group held signs that said, "Let Gaza Live," and unfurled a banner across the roadway that read, "Jews say: Ceasefire now." "We care about Palestinian lives, we only want to hurt Hamas," one protester on the bridge told NBC Boston, while another said, "There can’t be peace for Jews unless there is peace for Palestinians." Meanwhile, Pro-Palestinian protesters also shut down the Bay Bridge in San Francisco, where President Biden was courting world leaders at the Asia-Pacific Economic Cooperation summit. The Arab Resource and Organizing Center planned the demonstration, in which protesters were heard shouting, "Free Palestine" and "We want justice." Others chained themselves to the bridge or lay in the road covered with sheets smeared with fake blood, FOX2 KTVU reported. Authorities had closed one lane on the bridge as a preventative measure during the summit, the station reported, citing the California Highway Patrol. Israel vowed to wipe out Hamas after the militant group launched its Oct. 7 surprise attack, in which at least 1,200 people died in Israel and around 240 were taken captive by militants back to Gaza. More than 11,200 Palestinians have been killed since the war began, according to the Health Ministry in Hamas-run Gaza. The protest came as Israeli forces dropped leaflets warning Palestinians to flee parts of southern Gaza, residents said Thursday, signaling a possible expansion of their offensive. https://www.breitbart.com/politics/2023/11/15/nolte-miserable-chicagoans-drop-mayor-brandon-johnsons-approval-rating-to-28/ Miserable Chicagoans Drop Mayor Brandon Johnson’s Approval Rating to 28% In Wednesday’s glorious edition of Democrats Getting What They Voted For, newly elected Democrat Chicago Mayor Brandon Johnson has an approval rating of just 28 percent. Echelon Insights polled 800 registered voters in Chicago between October 18 and 22. So how is it possible that Johnson, who won a majority just seven short months ago, is now sitting with a dismal 28 percent approval rating, which is only one point higher than Lori Lightfoot (the sitting mayor he defeated) had in February 2023, which was only one month before she lost her reelection campaign? I think the answer to this disconnect is obvious. In Chicago, dead people can vote, but dead people cannot be polled over the telephone. When asked about Chicago’s worst issues, 69 percent of those polled said crime. That’s only a two-point decrease since February. Then came high taxes (31 percent) and homelessness (20 percent). Everything else was under 15 percent. When asked how Mayor Johnson is doing on those top three issues, only 21 percent approved of the job he’s doing on crime, while 66 percent disapproved. On economic development, only 32 percent approved, while 43 percent disapproved. On housing and homelessness, only 18 percent approved, while 63 percent disapproved. On the specific issue of “management of immigrants transported to the city,” only 23 percent approved, while 64 percent disapproved. This question relates directly to His Fraudulency, Joe Biden, throwing the southern border wide open to millions of unvetted, third-world illegal aliens. On that same question, living Chicago voters were asked, “How do you feel about Mayor Brandon Johnson’s proposed plan to house migrants in ‘base camps’ made up of large, heated tents in various parts of Chicago?” Only 28 percent approved, while 63 percent disapproved. Those who said they “strongly oppose” on this question made up nearly half, 46 percent. When asked if they supported or opposed Chicago’s status as a sanctuary city, a majority of 52 percent opposed, while 42 percent supported. In February 2023, the month before Chicago voted Lightfoot out, 28 percent said the city was headed in the right direction. That number has now dropped to just 20 percent, while 65 percent say things are headed in the wrong direction. Now that cash bail has been eliminated statewide, it hurts Chicago more than any other city. Only 35 percent of Chicagoans support that policy, but the Democrat governor who instituted that suicide pact won around 80 percent of the vote in Cook County, which is where Chicago sits. This poll tells us that Chicagoans are getting exactly what they voted for and are quite upset over it, which tells you just how damaged Democrats are.
The US and China are in a sort of cold war, and the tech industry is caught in the middle. But it's complicated: Ask TikTok, the Chinese-owned app that dominates entertainment in the US. Or Apple, which couldn't exist without the Chinese supply chain that makes the iPhone. Here to explain the state of play to Vox's Peter Kafka is The Information's Jessica Lessin (@JessicaLessin) who just returned from a trip to Beijing and Shanghai with “tech's favorite politician,” Commerce Secretary Gina Raimondo. Host: Peter Kafka (@pkafka), Senior Editor at Recode More to explore: Subscribe for free to Recode Media, Peter Kafka, one of the media industry's most acclaimed reporters, talks to business titans, journalists, comedians, and more to get their take on today's media landscape. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Gov. Chris Sununu (R-N.H.) discusses former President Donald Trump, the Republican primary field and growing discussions for a third-party candidate. Commerce Secretary Gina Raimondo joins to recap her trip to Beijing and says the U.S. will “absolutely” not sell advanced semiconductors chips to China. Franklin Foer, author of “The Last Politician,” shares an inside look into the Biden administration. Sara Fagen, fmr. DHS Sec. Jeh Johnson, Andrea Mitchell and Jake Sherman join the Meet the Press roundtable.
President Biden spent part of his Labor Day weekend touring damage left behind by Hurricane Idalia in Florida Notably absent? Potential rival and the current Republican governor of Florida, Ron DeSantis. With four months to go until the first primary contest... we'll take a closer look at the state of the presidential race. GOP candidate Nikki Haley joins us, we'll ask her how she's keeping up as the former president continues to dominate the polls. And we'll speak with Vermont Senator Bernie Sanders, who recently delivered a speech in an early primary state, calling on the Democratic Party to do more for working class voters. What about a potential independent ticket? We'll talk with former Maryland governor Republican Larry Hogan, who is a leader of a bi-partisan group that could launch a presidential bid. Will Hogan be on it? Then, as President Biden gets ready to travel to Asia for a meeting with world leaders this week, we'll hear from Commerce Secretary Gina Raimondo who just got back from her trip to Beijing. What did she accomplish amid growing tensions between the U.S. and China?See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week, Commerce Secretary Gina Raimondo became the latest high-ranking U.S. official to visit China and engage with top Chinese leadership. She went during a time of security and trade tensions between the two global giants and China's ongoing economic slowdown. Raimondo joined Nick Schifrin to discuss the visit. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders
China is looking to drop an economic bomb on the U.S. economy. We see China selling off U.S Treasuries, to force interest rates up, and crush the American government's ability to pay that interest on treasuries. Our national debt skyrockets again, thanks to China and the Chinese Communist Party's growing war on America. Sadly, Commerce Secretary Gina Raimondo seems oblivious to China's motives to crush America. She is naive in thinking the CCP can be trusted, it can't.The New Federal State of China's founder Miles Guo made a stark prediction about China's real motives and why it may purposefully tank its own economy to drop an economic bomb on ours.See omnystudio.com/listener for privacy information.
With major indices aiming for a fourth straight day of gains, Carl Quintanilla and David Faber discussed market reaction to key economic reports: ADP data show jobs growth cooled in Julywhile Q2 GDP and PCE inflation gauge were revised lower - fueling investor hopes that the Fed could stand pat on interest rates in September. Trivariate Research founder Adam Parker offered his take on the markets,including Nvidia's post-earnings stock moves and the AI trade. Also in focus: Commerce Secretary Gina Raimondo spoke exclusively to CNBC about her visit to China, Hurricane Idalia makes landfall in Florida, Apple's September 12 product event, HP Inc. and Ambarella shares tumble. Squawk on the Street Disclaimer
Plastic is just about everywhere, and there’s going to be a lot more of it. The Organization for Economic Cooperation and Development expects global plastic use to triple by 2060. So what are we to do with all the waste? Tossing empty iced coffee cups, peanut butter jars and blueberry containers into a recycling bin might seem like the obvious solution. But while the plastics industry has been working hard to promote recycling as a fix since the ’70s, it turns out our recycling systems are not equipped to handle the various plastics we use. “Think of your own home. On top of your washing machine, you probably have a bright orange, hard plastic detergent bottle. And then in your refrigerator, you might have a squeezable clear ketchup bottle. Those two plastic containers cannot be recycled together,” said Judith Enck, founder of Beyond Plastics and former regional administrator of the Environmental Protection Agency. On the show today: the fundamental problems with plastic recycling and the ubiquitous chasing-arrow symbol, and what we should do about it. Then, we’ll discuss Commerce Secretary Gina Raimondo’s visit to China, and why it may be time for Chinese officials to make a visit of their own. And is Yahoo is making a comeback? Later, we'll hear some listeners' thoughts on robotaxis. And this week's answer to the Make Me Smart question comes from one of the economists behind our favorite nerdy econ game, Tradle. Here’s everything we talked about today: “Plastic Recycling Doesn’t Work and Will Never Work” from The Atlantic “Toward a circular economy: Tackling the plastics recycling problem” from The Conversation “The recycling myth: A plastic waste solution littered with failure” from Reuters “Decades of public messages about recycling in the US have crowded out more sustainable ways to manage waste” from The Conversation “The Plastics Industry’s Long Fight to Blame Pollution on You” from Tahe Intercept “What a reporter learned after cataloging her plastic use for a week” from Marketplace “UN Agency Provides Path to 80 Percent Reduction in Plastic Waste. Recycling Alone Won't Cut It” from Inside Climate News “U.S. Does Not Want to ‘Decouple' From China, Raimondo Says” from The New York Times “How Yahoo is coming back from the dead” from Axios We want to hear your answer to the Make Me Smart question. You can reach us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Plastic is just about everywhere, and there’s going to be a lot more of it. The Organization for Economic Cooperation and Development expects global plastic use to triple by 2060. So what are we to do with all the waste? Tossing empty iced coffee cups, peanut butter jars and blueberry containers into a recycling bin might seem like the obvious solution. But while the plastics industry has been working hard to promote recycling as a fix since the ’70s, it turns out our recycling systems are not equipped to handle the various plastics we use. “Think of your own home. On top of your washing machine, you probably have a bright orange, hard plastic detergent bottle. And then in your refrigerator, you might have a squeezable clear ketchup bottle. Those two plastic containers cannot be recycled together,” said Judith Enck, founder of Beyond Plastics and former regional administrator of the Environmental Protection Agency. On the show today: the fundamental problems with plastic recycling and the ubiquitous chasing-arrow symbol, and what we should do about it. Then, we’ll discuss Commerce Secretary Gina Raimondo’s visit to China, and why it may be time for Chinese officials to make a visit of their own. And is Yahoo is making a comeback? Later, we'll hear some listeners' thoughts on robotaxis. And this week's answer to the Make Me Smart question comes from one of the economists behind our favorite nerdy econ game, Tradle. Here’s everything we talked about today: “Plastic Recycling Doesn’t Work and Will Never Work” from The Atlantic “Toward a circular economy: Tackling the plastics recycling problem” from The Conversation “The recycling myth: A plastic waste solution littered with failure” from Reuters “Decades of public messages about recycling in the US have crowded out more sustainable ways to manage waste” from The Conversation “The Plastics Industry’s Long Fight to Blame Pollution on You” from Tahe Intercept “What a reporter learned after cataloging her plastic use for a week” from Marketplace “UN Agency Provides Path to 80 Percent Reduction in Plastic Waste. Recycling Alone Won't Cut It” from Inside Climate News “U.S. Does Not Want to ‘Decouple' From China, Raimondo Says” from The New York Times “How Yahoo is coming back from the dead” from Axios We want to hear your answer to the Make Me Smart question. You can reach us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
United Auto Workers voted to authorize a strike on Friday if the big three Detroit automakers don’t meet their demands. Those include wage bumps, pension benefits and transitioning to a four-day work week without taking a pay cut. But how’s that related to the rise of EVs? Plus, Commerce Secretary Gina Raimondo aims to strengthen economic ties with China, and wine sales boom in Lebanon.
Commerce Secretary Gina Raimondo is on a 4-day trip to China, the latest White House Official to try to ease tensions with the country. What impact she could have, and what it will mean for the two biggest economies in the world. Plus former Goldman Sachs analyst Heather Bellini on the state of the IPO and VC market and the future of fintech. Fast Money Disclaimer
United Auto Workers voted to authorize a strike on Friday if the big three Detroit automakers don’t meet their demands. Those include wage bumps, pension benefits and transitioning to a four-day work week without taking a pay cut. But how’s that related to the rise of EVs? Plus, Commerce Secretary Gina Raimondo aims to strengthen economic ties with China, and wine sales boom in Lebanon.
Guy, Dan and Liz Young of SoFi discuss Jerome Powell's Jackson Hole speech and the market's reaction (4:00). U.S. Commerce Secretary Gina Raimondo visits China (16:30). Best Buy, Lululemon, Dollar General report this week, will we glean any new insights on the consumer (21:30)? Salesforce reports after the close on Wednesday (26:00). Later, Dan sits down with Chad Anderson of Space Capital to talk about how he got into the industry (31:00), the international space race (36:00), investing in space (40:00), the space economy (44:00), Elon Musk's unmatched power in the stars (48:00), and how to participate in the space playbook (54:00). For a free copy of Chad's book, The Space Economy: Capitalize on the Greatest Business Opportunity of Our Lifetime, here's what you need to do: Leave a review for On The Tape and Okay, Computer. wherever you listen to podcasts Screenshot it and send it to contact@riskreversal.com with your address Read More China's Worsening Economic Slowdown Is Rippling Across the Globe Apple's iPhone Supply Chain Splinters Under US-China Tensions -- About the Show: On The Tape is a weekly podcast with CNBC Fast Money's Guy Adami, Dan Nathan and Danny Moses. They're offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we're here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market. Check out our show notes here Learn more about Ro body: ro.co/tape See what adding futures can do for you at cmegroup.com/onthetape. Shoot us an email at OnTheTape@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod. We're on social: Follow Dan Nathan @RiskReversal on Twitter Follow @GuyAdami on Twitter Follow Danny Moses @DMoses34 on Twitter Follow Liz Young @LizYoungStrat on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page
Plus: U.S. Commerce Secretary Gina Raimondo is in China on a visit aimed at protecting America's economic interests. And 3M nears a roughly $5.5 billion settlement related to its earplugs. Keith Collins hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
Ukrainians greet the apparent death of mercenary leader with gallows humor. Commerce Secretary Gina Raimondo seeks to reassure U.S. investors. Selena Gomez and Miley Cyrus release new singles.
Robotaxi companies Cruise and Waymo recently scored a big win when California regulators allowed them to expand their services and begin charging fares in San Francisco. But now the companies are hitting some speedbumps. On the show today: Axios transportation reporter Joann Muller explains where we’re at with self-driving technology, why all eyes are on San Francisco, and who make the rules as robotaxi companies grow. Plus, the human-to-human connection that driverless cars are missing. Then, Commerce Secretary Gina Raimundo is the next cabinet member in line for a trip to China. We’ll get into why the visit might be a little tense. And, some Americans are finding creative avenues to homeownership in spite of an unfavorable housing market. Later, our listeners recommend some summer reads. And, this week’s answer to the Make Me Smart question comes from Mark Clouse, President and CEO of Campbell’s Soup. Here’s everything we talked about today: “How autonomous vehicles “see” the world around them” from Axios “Cruise will reduce robotaxi fleet by 50% in San Francisco while California DMV investigates ‘incidents'” from CNBC “Carmakers Are Pushing Autonomous Tech. This Engineer Wants Limits.” from The New York Times “How rideshare drivers feel about robot competition” from Marketplace “The Cost of Self-Driving Cars Will Be the Biggest Barrier to Their Adoption” from Harvard Business Review “Commerce Secretary Gina Raimondo to Visit China from The Wall Street Journal “Goodbye Bathtub and Living Room. America's Homes Are Shrinking.” from The Wall Street Journal “The enduring allure of the cheap old house” from The Washington Post Summer reading recs from the Make Me Smart team on Goodreads Summer reading recs from our listeners on Goodreads We want to hear your answer to the Make Me Smart question. You can reach us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Robotaxi companies Cruise and Waymo recently scored a big win when California regulators allowed them to expand their services and begin charging fares in San Francisco. But now the companies are hitting some speedbumps. On the show today: Axios transportation reporter Joann Muller explains where we’re at with self-driving technology, why all eyes are on San Francisco, and who make the rules as robotaxi companies grow. Plus, the human-to-human connection that driverless cars are missing. Then, Commerce Secretary Gina Raimundo is the next cabinet member in line for a trip to China. We’ll get into why the visit might be a little tense. And, some Americans are finding creative avenues to homeownership in spite of an unfavorable housing market. Later, our listeners recommend some summer reads. And, this week’s answer to the Make Me Smart question comes from Mark Clouse, President and CEO of Campbell’s Soup. Here’s everything we talked about today: “How autonomous vehicles “see” the world around them” from Axios “Cruise will reduce robotaxi fleet by 50% in San Francisco while California DMV investigates ‘incidents'” from CNBC “Carmakers Are Pushing Autonomous Tech. This Engineer Wants Limits.” from The New York Times “How rideshare drivers feel about robot competition” from Marketplace “The Cost of Self-Driving Cars Will Be the Biggest Barrier to Their Adoption” from Harvard Business Review “Commerce Secretary Gina Raimondo to Visit China from The Wall Street Journal “Goodbye Bathtub and Living Room. America's Homes Are Shrinking.” from The Wall Street Journal “The enduring allure of the cheap old house” from The Washington Post Summer reading recs from the Make Me Smart team on Goodreads Summer reading recs from our listeners on Goodreads We want to hear your answer to the Make Me Smart question. You can reach us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
On June 16, the U.S. State Department discovered unauthorized access to its Exchange Online email services and reported it to Microsoft. Almost a month later, on July 11, Microsoft disclosed the attack, and attributed it to a China-based threat actor, which they call Storm-0558. The intrusion granted the hackers access to email accounts at the Commerce and State Departments, including Commerce Secretary Gina Raimondo, among other targets. Although no classified information was compromised, the cyber espionage campaign comes at a time of tension between the U.S. and China.To discuss the significance of the latest cyber espionage campaign, Lawfare's Fellow in Technology Policy and Law, Eugenia Lostri, sat down with Asaf Lubin, Associate Professor of Law at Indiana University Maurer School of Law and a Visiting Professor at Columbia Law School. They talked about what different types of espionage campaigns tell us about tightening U.S.-China competition, how international law can address cyber espionage, and the options available for governments to respond to these type of incidents.Support this show http://supporter.acast.com/lawfare. Hosted on Acast. See acast.com/privacy for more information.
The major averages fell but managed to post winning weeks and Jim Cramer is giving you his Game Plan for next week's action as Wall Street gets into the swing of earnings season. Then, Cramer talks to Commerce Secretary Gina Raimondo about the CHIPS Act, Inflation Reduction Act and more at the headquarters of Nontraditional Employment for Women. Plus, Cramer gets a read on the energy space with Devon Energy CEO Rick Muncrief. Mad Money Disclaimer