President-elect says ‘this is not a third Obama term’ in first sit-down interview. Although his list of cabinet nominees included many Obama-era alumni, Joe Biden said the challenges facing him were unique
China's embassy in Brazil on Tuesday said a son of President Jair Bolsonaro had harmed relations between the two countries with critical comments about telecommunications equipment firm Huawei. The rift was the latest chapter in a battle between China and the United States over U.S. claims that China's Huawei Technologies Co Ltd is a security threat. Congressman Eduardo Bolsonaro, the president's son, has made statements that "darken the friendly atmosphere between the two countries and hurt the image of Brazil," the Chinese embassy wrote on Twitter.
When President-elect Joe Biden announced Ron Klain to be the White House Chief of Staff in his forthcoming administration, a rush of leading voices in the Democratic Party’s left wing publicly applauded the move.Then came the official nomination of Tony Blinken as secretary of state. And John Kerry as climate czar. And news reports about Janet Yellen leading the Treasury Department.Those too were met with nods of approval from some of the most vociferous forces on the left.As the the Biden transition picks up steam, what started as early sighs of relief with Klain’s appointment has ballooned into a pronounced endorsement of Biden’s initial selections to lead some of the highest-profile positions in government, with progressives giving the president-elect a hat tip on the delicate balancing act of appealing to both wings early on.“The Biden team made a really genuine effort to reach out to the left on a whole range of issues, including on foreign policy,” Matt Duss, who serves as foreign policy adviser to Sen. Bernie Sanders (I-VT), told The Daily Beast in an interview. “They understood this helped them to win and now I think they understand that it can help them govern.”Top progressives close to Sanders and others in the party’s left flank, as they tell it, are not praising Biden’s first personnel installments because they expect them to enact grassroots-oriented changes in the way Sanders would hope to. By nature of being closely aligned with Biden, they are largely institutionalists, too.But the fact that the future president has curated a slate of names that, so far, have not incited or alienated the left is considered a positive development among those who often eagerly convey grievances about Democratic officials’ policy positions and personal biographies alike.Tactically, Klain is one of Biden’s closest advisers who had a central role in molding his successful campaign against President Donald Trump. On policy, Blinken has been Biden’s right-hand on foreign affairs for over a decade, helping him craft responses to pressing geo-political issues. And Yellen is perceived among Democrats as a capable and respected former chair of the Federal Reserve appointed by Biden’s old boss, President Barack Obama.Sanders advisers and aides agree that Blinken has a history of meeting minds with progressives. Duss, who fashioned the senator’s foreign policy platform for his second presidential campaign, said that Blinken and others regularly engaged with left-leaning foreign policy groups during the general election, a strategic decision that he said has now helped create a natural bridge between the two sides. Entering a new administration with that type of dialogue within the community is essentially unprescented, he said.“Having those relationships going in and having those avenues of communication with a secretary of state is new for a secretary and for the progressive left,” Duss said.Ari Rabin-Havt, who was recently Sanders’ deputy campaign manager, agreed that top fixtures on the left are ready to engage in a productive manner with nominees announced by Biden’s transition.“What this shows is progressive leaders on individual issues are very willing to hear out the Biden administration and give honest assessments,” said Rabin-Havt. “I think if you saw a different set of people rolled out, you would see different assessments.”Progressives to Biden: Stop Dragging Bernie, He’s Saving Your AssAmong the more notable names unveiled this week, Biden’s choice of Kerry as climate envoy, who will also sit on the National Security Council, was met with a positive reception among top activists.Kerry was one of Biden’s main endorsers who also doubled as a surrogate during the campaign. During some of the more trying junctures of his bid—including in the first two primaries—Kerry loyally stumped for him, often to little fanfare, in anticipation of more fortuitous days to come.Despite Biden’s decision not to adopt the signature “Green New Deal” proposal favored adamantly by those within the movement, some pointed to Kerry’s willingness to work with progressive activists recently as one bullet point indicating momentum.Varshini Prakash, the Sunrise Movement’s executive director, said she linked up with Kerry on the Biden-Sanders taskforce, one of several areas where Biden and Sanders allies collaborated in anticipation of a post-Trump era. “He really does care about stopping climate change. That’s something we can work with,” Prakash wrote on Twitter.Biden is expected to name additional posts in the coming weeks. And some possibilities have already been met with objections. Those conversations are largely focused around former White House Chief of Staff under Obama and former Chicago Mayor Rahm Emanuel and longtime Biden hand Bruce Reed. Incoming freshman Rep. Mondaire Jones (D-NY) wrote a lengthy thread detailing his strong disapproval of Emanuel, which was subsequently echoed by like-minded members, including Alexandria Ocasio-Cortez (D-NY).Other names floated such as former Obama-era Deputy Central Intelligence Agency Director Mike Morell, who is under consideration to head up the agency, have been met with some Democratic skepticism about getting a leading defender of torure tactics confirmed in the Senate.But for now, the outrage is the exception. Some Democrats view that as a reflection of Biden’s ability to walk a line among professionals who are, essentially, getting moved up a career notch, as well as his desire to avoid snubbing a substantial portion of the party who proactively helped him defeat Trump.“What’s very interesting about the picks that have been made so far is you can basically describe them as job promotions for people who have been in the job just underneath that for a number of years,” said Joel Rubin, who was Sanders’ Jewish outreach director during his 2020 campaign and a senior State Department official under Obama (and periodic Daily Beast contributor).“There’s no jaggedness or newness in the spheres that they will be responsible for in the sense of a new human who comes in and is just totally distinct from anything that was there beforehand. In many ways, there’s a familiarity that enables more confidence from the get go.”Why Isn’t Bernie Backing Jon Ossoff in Georgia?That sense of preparedness is clear with Yellen. While not considered a steadfast Biden loyalist like Klain and Blinken, her steering of the federal reserve has long excited some Hill progressives, including in particular Sen. Elizabeth Warren (D-MA). Warren publicly applauded Yellen on Monday, along with the Progressive Change Campaign Committee, a group that supports her policies.“Progressives lost the primary so are not going to pick the cabinet obviously,” said Sean McElwee, who founded Data for Progress, which also boosts Warren’s agenda. “But there’s a difference between entirely shutting out what progressives want and taking it into consideration.”“In terms of the band of possible options that became possible after Super Tuesday, these are on the most optimistic end of that for progressives.”Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
Monro Inc, an operator of U.S. car service and tire centers, is under pressure from an activist investor to improve returns and change operations, people familiar with the matter said on Tuesday. Hedge fund Ides Capital has reached out to Monro's board and followed up with letters, urging the company to make changes that also include environmental, social and governance (ESG) improvements like diversifying its workforce and boardroom, according to the sources. Monro's lack of diversity, especially in the boardroom, and broader ESG issues have held back the company, the hedge fund argued, according to the sources.
With me today are Enrique Lores, HP's President and Chief Executive Officer; and Marie Myers, HP's Acting Chief Financial Officer. Before handing the call over to Enrique, let me remind you that this call is being webcast.
With tree-covered slopes that rise to a pointed summit, the mountain overlooking the Bosnian town of Visoko resembles any other ordinary hillside in the Balkan state. Yet thousands of yearly visitors -- including high-profile stars like Serbian tennis champion Novak Djokovic -- don't see it that way: despite scientists' efforts to debunk the claims, large numbers of people still believe the hill is an ancient man-made pyramid with magical healing powers.
The Cloud Gaming Market will grow by USD 2.75 bn during 2020-2024
KIOXIA has introduced a new version of its KumoScale software that delivers support for PCIe 4.0 ecosystem components
Netpoleon Solutions Pte Ltd publishes the report "Business Email Compromise (BEC): How does it attack your business and how can you prevent it?."
The Federal Communications Commission (FCC) said on Tuesday it had rejected a petition from ZTE Corp asking the agency to reconsider its decision designating the Chinese company as a U.S. national security threat to communications networks. The FCC announced in June it had formally designated Chinese's Huawei Technologies Co and ZTE as threats, a declaration that bars U.S. firms from tapping an $8.3 billion government fund to purchase equipment from the companies. ZTE did not immediately respond to a request for comment.
Worldwide scramble for protective gear sent prices soaring by 1,000% or more
'Disastrous' or a smart move? How Victoria's case for an electric car usage tax stacks upAs Australia lags in the global take-up of electric vehicles, there are concerns the proposed tax would raise prices and put off potential buyers
Rio Tinto's destruction of sacred Indigenous rock shelters in Australia this year has dismayed and galvanised a swathe of investors who want big changes in how mining firms manage heritage issues and have begun to tell them so. They have stepped up communication with mining companies both in volume and frequency, putting them on notice to improve accountability and risk management, according to Reuters interviews with two dozen major investors and corporate governance advisers. Regnan is part of the Pendal Group which has some A$94.8 billion(52.22 billion pounds)under management.
Consumers and businesses are spending on notebooks at a rate Dell has not seen in over a decade, according to an earnings presentation, helping its client solutions group rake in a record $12.29 billion in revenue, up about 8% from a year earlier. Global shipments in the traditional PC market, which includes desktops, notebooks, and workstations, jumped 14.6% year-over-year to 81.3 million units in the third quarter of 2020, according to data from IDC. While the health crisis lifted demand for Dell's remote workstation products, the company's data center business remained under pressure, with revenue from the unit falling about 4% to $8.02 billion in the quarter.
Biden sits for first interview since becoming president-elect
British finance minister Rishi Sunak, who has already pledged over 200 billion pounds to fight the COVID-19 crisis, will free up more cash on Wednesday against the backdrop of the heaviest public borrowing since World War Two. Sunak will announce extra investment to ease a backlog in the health system, counter a surge in unemployment and build new infrastructure in a one-year Spending Review that he is due to deliver to parliament at around 1230 GMT. With Britain's full exit from the European Union approaching on Dec. 31 - and no new trade agreement yet secured - Sunak is likely to announce more spending on customs operations and possibly replacement subsidies for farmers.
Donald Trump’s quixotic attempt to overturn the results of the 2020 election has created a fissure within his own ranks, as top campaign officials and allied donors seek distance from a legal effort that they increasingly view as a pointless laughingstock.The breakdown, sources with direct knowledge say, has been evident for some time just below the surface. Staff in leadership roles on the 2020 reelection campaign have disappeared from public view. Others, including campaign manager Bill Stepien, have had limited to no involvement in the legal campaign to challenge the vote results in key states, and have privately said they want nothing to do with it. And committees ostensibly tasked with ginning up support for the president have stayed conspicuously on the sidelines.Increasingly, however, the disagreements are bursting into the open, with operatives, lawmakers, and money men saying they find no utility in what Trump is currently doing.“The president is entitled to whatever legal defense he wants to have. I don’t think it’s going anywhere. But he’s entitled to it, and I am not going to contribute any funds to that. I will in fact plead with him to concentrate on Georgia’s Senate races and I’ll contribute to that,” businessman Shalabh “Shalli” Kumar, a Trump and GOP mega-donor who leads the Republican Hindu Coalition, said in an interview on Tuesday.Kumar added, “I’m currently writing messages to Jared Kushner and the White House political apparatus there on this issue.” Though he said he firmly believes that the outgoing president “could come back with a vengeance in 2024” and “could get a landslide in 2024,” he called a recent press conference featuring Trump’s lawyer Rudy Giuliani “a joke.”“This is all,” Kumar said, “crazy, lunatic stuff.”Kumar’s concerns are not the type of public utterance one would expect from a political party’s key players during a piqued battle over the presidency. But they reflect the confusion among the more established Trump figures about what the president’s ultimate end game is.Various senior officials in the administration and 2020 Trump campaign have rolled their eyes at the legal and messaging blitz (while continuing to play along), top allies to the president are largely preparing for the post-Trump era and encouraging the White House to do the same.While the campaign and the Republican National Committee have been in high-gear since election day, the president’s top independent political groups have largely sat out the fight. America First Action, Trump’s “official” super PAC, hasn’t purchased any television airtime to, say, pressure state officials to back the president’s position on supposedly widespread election fraud. Preserve America, a high-dollar super PAC created late in the campaign to support Trump’s reelection, also appears to be laying low.“No idea why they’ve gone quiet,” said Foster Friess, a high-dollar Republican donor who chipped in $250,000 to America First this year. “Maybe they’ve run out of money.”Last week, Stephen Moore, a campaign surrogate and outside economic adviser to the president, said the election was over, and that Trump should focus on making it as hard as possible for President-elect Joe Biden to undo his policies. On Monday, Axios quoted Blackstone CEO Steve Schwarzman, a prominent Trump confidant, as saying: “the outcome is very certain today, and the country should move on.”Asked on Friday what the president should do between now and the inauguration, Art Laffer, a conservative economist who has directly advised Trump for years, told The Daily Beast, “I don’t know what he could do. What can he do?” In a statement strikingly unique among Trump’s advisers and allies, Laffer also reserved some high praise for Biden and Vice President-elect Kamala Harris, and even stated an openness to working with them.“If we are going to have a Democratic administration, I am glad we have a Biden-Harris one. I have no grudges against Harris or Biden. None. And Biden has handled himself honorably throughout his entire political career to my knowledge, and so has Harris,” he said. “She seems like a very cool person, and a very positive person. And so does Biden. Trump, of course, is my number one choice. He's done a fantastic job. But Harris and Biden are no AOC, [and] if any of Biden's people asked me to come in and talk about economic policy at the White House, I would certainly do it.”Team Trump Leaders, Including Campaign Manager Bill Stepien, Have No Faith in RudyNeither the Trump campaign nor Giuliani responded to requests for comment for this piece. But while their efforts may be bleeding prominent allies, there are those who still insist that there is merit to and support for them.One party official familiar with the recount strategy said it was immaterial that big-name donors were non supportive since there had been massive grassroots money rolling in to fill the void. The source said that in the first few days following the election, The Trump Make America Great Again Committee—the joint fundraising account to which most of the money from these fundraising pitches—was getting “well over ten million dollars a day online.”“I’m not aware of many folks beyond [campaign lawyer] Jenna [Ellis] and Rudy who think there is any path forward,” the source said. “But the base does.”An OAN Host Has Been Helping Rudy With Trump’s Legal EffortsA clue for just how successful the money raising is going can be found elsewhere too. Initially, donations to the committee were being split between retiring campaign debt and funding recount efforts. But less than two weeks after election day, the committee changed that formula, redirecting the 60 percent of each donation that had initially gone towards paying down campaign debts to a new group called Save America—leaving the suggestion that the debt had been retired.Save America is what’s called a leadership PAC, a vehicle that Trump can use to disburse money to political allies—and otherwise keep his political apparatus humming in advance of a potential 2024 comeback run. In a sign that it’s already looking past the 2020 election, the Trump Make America Great Again Committee once again adjusted donation allocations last week, upping the percentage of each contribution going to Save America from 60 percent to 75 percent.It’s not the only sign of a softening stance on the state of Team Trump’s increasingly desperate efforts to cling to power. The Trump Make America Great Again Committee’s incessant “Election Defense Fund” fundraising emails have started hedging their language when it comes to allegations of widespread voter fraud. Ten such emails since last Tuesday say Trump’s legal team has “reportedly” uncovered mass voter fraud or that voting “reportedly took place after the Election was over.”Even the true diehards have begun to notice.“The big question is, do you have enough evidence to change enough votes and can you prove that with evidence so that the court will take up the case,” said former Rep. Jack Kingston, a Trump surrogate who seems, at times, like he’d rather endure invasive dental surgery than utter a bad word about the president. “I think they’re working diligently to get there. But I don’t think they’re there yet.”Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
If confirmed, Mayorkas would become the first immigrant and first Hispanic American to lead the sprawling department, which, among its various responsibilities, oversees the U.S. immigration system and border security.
"Well, that was weird as s**t," one journalist was heard commenting.
Alberta Premier Jason Kenney has declared a public health emergency in the province, adding enhanced restrictions to stop the spread of COVID-19 for at least three weeks.