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Former Republican President Donald Trump says he’s launching another White House bid | CNN Politics

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Former Republican President Donald Trump says he’s launching another White House bid | CNN Politics



CNN
 — 

Former President Donald Trump, aiming to turn into solely the second commander-in-chief ever elected to 2 nonconsecutive phrases, introduced Tuesday night time that he’ll search the Republican presidential nomination in 2024.

“In an effort to make America nice and wonderful once more, I’m tonight asserting my candidacy for president of the US,” Trump advised a crowd gathered at Mar-a-Lago, his waterfront property in Florida, the place his marketing campaign will likely be headquartered.

Surrounded by allies, advisers, and conservative influencers, the forty fifth president vowed to run a marketing campaign that may “deliver individuals collectively,” claiming the Republican Occasion can not afford to appoint “a politician or typical candidate” if it desires to reclaim the White Home two years from now.

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“This is not going to be my marketing campaign, this will likely be our marketing campaign all collectively,” Trump mentioned.

Trump’s long-awaited marketing campaign comes as he tries to reclaim the highlight following the GOP’s underwhelming midterm elections efficiency – together with the losses of a number of Trump-endorsed election deniers – and the next blame recreation that has unfolded since Election Day. Republicans failed to achieve a Senate majority, got here up brief of their efforts to fill a number of statewide seats, and have but to safe a Home majority, with solely 215 races known as of their favor up to now out of the 218 wanted, developments which have compelled Trump and different get together leaders right into a defensive posture as they face reproval from inside their ranks.

Trump’s paperwork establishing his candidacy landed with the Federal Election Committee shortly earlier than he delivered his announcement at Mar-a-Lago.

To the delight of aides and allies who’ve lengthy suggested him to mount a forward-looking marketing campaign, Trump didn’t harp a lot on his lies in regards to the 2020 election in his remarks Tuesday. Moderately, he framed this second as a battle towards “huge corruption” and “entrenched pursuits.” Lots of Trump’s high advisers have expressed concern that his fixation on selling conspiracies in regards to the final presidential election would make it tougher for him to win a nationwide election in 2024.

On the heels of final week’s midterm elections, Trump has been blamed for elevating flawed candidates who spent an excessive amount of time parroting his claims about election fraud, alienating key voters and finally resulting in their defeats. He tried to counter that criticism on Tuesday, noting that Republicans seem poised to retake the Home majority and touting not less than one Trump-endorsed candidate, Kevin Kiley of California. At one level, Trump appeared responsible his get together’s midterm efficiency on voters not but realizing “the overall impact of the struggling” after two years of Democratic management in Washington.

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“I’ve little doubt that by 2024, it should sadly be a lot worse and they’ll see clearly what has occurred and is going on to our nation – and the voting will likely be a lot totally different,” he claimed.

Trump is betting that his first-out-of-the gate technique will fend off potential major rivals and provides him an early benefit with deep-pocketed donors, aides say. He’s extensively anticipated to be challenged by each conservative and average Republicans, although the calculus of some presidential hopefuls might change now that he’s operating. Others – like his former Vice President, Mike Pence – might proceed anyway.

Trump’s third presidential bid additionally coincides with a interval of heightened authorized peril as Justice Division officers investigating him and his associates revisit the prospect of indictments of their Trump-related probes. The previous president is at present being investigated for his actions earlier than and throughout the January 6, 2021, assault on the US Capitol and his retention of labeled paperwork at his Mar-a-Lago property after he left workplace. Whereas Trump is relying on a straightforward path to the GOP nomination along with his sustained assist among the many get together’s base, his announcement is prone to sprint the hopes of get together leaders who’ve longed for recent expertise. Specifically, high Republicans have been paying shut consideration to the subsequent strikes of Florida Gov. Ron DeSantis, who gained his reelection contest with a 19-point margin of victory and appreciable assist from minority and impartial voters. Some Republican leaders might attempt to scuttle Trump’s marketing campaign by elevating or encouraging different candidates, together with DeSantis, who has been quietly laying the groundwork for a doable White Home bid of his personal.

After all, any countereffort to inhibit Trump’s path to the nomination is prone to show tough. Regardless of his myriad authorized entanglements and the stain of January 6, the twice-impeached forty fifth president stays immensely fashionable amongst most Republican voters and boasts a deep connection along with his core backers that might show tough for different GOP hopefuls to copy or weaken. Even main conservatives who disliked Trump’s pugnacious politics and heterodox insurance policies caught with him as president as a result of he helped solidify the rightward shift of the US Supreme Courtroom along with his nominations – one of the crucial far-reaching points of his legacy, which resulted within the conservative courtroom majority’s deeply polarizing June determination to finish federal abortion rights. In truth, whereas Trump ended his first time period with the bottom approval ranking of any president.

Republicans considered him favorably, in accordance with a Might NBC Information ballot. That alone might give Trump a major edge over major opponents whom voters are nonetheless familiarizing themselves with.

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Amongst these potential opponents is Pence, who would seemingly profit from excessive title recognition on account of his position as vice chairman. Pence, who has been getting ready for a doable White Home run in 2024, is certain to face an uphill battle courting Trump’s most loyal supporters, a lot of whom soured on the previous vice chairman after he declined to overstep his congressional authority and block certification of now-President Joe Biden’s 2020 victory. Trump might additionally discover himself pitted towards DeSantis, who has risen to hero standing amongst cultural conservatives and who’s extensively thought of a extra polished model of Trump. Even a number of the former president’s advisers have voiced related observations to CNN, noting that DeSantis additionally made inroads with main Republican donors throughout his quest for reelection and constructed a mountain of goodwill with GOP leaders by campaigning for federal and statewide Republican candidates in the midst of his personal race.

Past his potential rivals, Trump has one other roadblock in his path because the Home choose committee continues to research his position in January 6, 2021, and Justice Division officers weigh whether or not to problem prison expenses. The committee, which subpoenaed him for testimony and paperwork in October and which Trump is now battling in courtroom, held public hearings all through the summer time and early fall that includes depositions from these in Trump’s interior circle on the White Home – together with members of his household – that detailed his private and non-private efforts to overturn the 2020 presidential election outcomes by means of a sustained stress marketing campaign on quite a few native, state and federal officers, and on his personal vice chairman.

However Trump’s want to announce his marketing campaign early may be particularly traced to the FBI search of Mar-a-Lago, which advisers say additional emboldened his determination to mount what he believes will likely be a triumphant political comeback. The day after the search, the previous president fielded calls from allies advising him to speed up his 2024 timeline. That night time, he huddled with Home lawmakers within the Republican Examine Committee and advised them he’d “made up his thoughts” about launching a bid, although a few of those self same Home Republicans later satisfied him to attend till after the midterm elections to announce his subsequent transfer.

From the second Trump left Washington, defeated and disgraced, in January 2021, he started plotting a return to energy – devoting the majority of his time to constructing a political operation meant for this second. With help from quite a few former aides and advisers, he continued the aggressive fundraising ways that had turn into a marker of his 2020 marketing campaign, amassing a colossal conflict chest forward of the 2022 midterm elections, and labored diligently to elect steadfast allies in each Congress and state legislatures throughout the nation.

Whereas sustaining a house base in Florida, he additionally often jet-setted throughout the nation for marketing campaign rallies that afforded him essential face time along with his base and with candidates he wager would turn into worthwhile allies within the US Senate and Home.

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Via all of it, Trump continued to falsely insist that the 2020 election was stolen from him, indulging in far-flung conspiracy theories about voter fraud and pressuring Republican leaders throughout the get together’s election equipment to endorse modifications that may curtail voting rights.

Trump’s aides have been happy earlier this fall when his public appearances and rally speeches regularly grew to become extra targeted on rising crime, immigration and financial woes – key themes all through the midterm cycle and points they hope will allow him to attract a compelling distinction with Biden as he begins this subsequent chapter. Allies of the previous president have lengthy mentioned that he views the 2024 contest as a chance to regain what he believes is his: one other 4 years within the Oval Workplace.

However there isn’t any assure that Trump will glide simply to a nonconsecutive second time period. In truth, it may very well be fairly tough.

Not solely does historical past provide only one instance of such a feat (defeated in 1888 after his first time period, President Grover Cleveland was elected once more in 1892), no beforehand impeached president has ever run once more for workplace. Trump was first impeached in 2019 on expenses of abuse of energy and obstruction of justice, after which once more in 2021 for inciting the riot on the US Capitol. Although he was acquitted by the Senate each occasions, 10 Home Republicans broke with their get together the second time round to hitch Democrats in a vote to question him. Seven Republican senators voted to convict him at his Senate trial.

Trump has additionally been the topic of a bevy of lawsuits and investigations, together with a New York state investigation and a separate Manhattan district legal professional prison probe into his firm’s funds, a Georgia county probe into his efforts to overturn Biden’s election win within the state, and separate Justice Division probes into his marketing campaign’s scheme to place forth pretend electors in battleground states and his determination to deliver labeled supplies with him to Mar-a-Lago upon leaving workplace.

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Trump’s actions since he left Washington have, for probably the most half, signaled his curiosity in an eventual return. Whereas most former presidents go quietly into retirement – resurfacing to help their events throughout midterm cycles or for the opening of their presidential libraries – Trump bucked custom to as a substitute plot the comeback he now hopes to make. Regardless of its distance from Washington, Trump’s Mar-a-Lago membership has remodeled into a brand new hub for Republicans and a house base for his political machine. Assisted by a small group of paid staffers, he has hosted quite a few candidate and committee fundraisers and seen a rotating solid of get together leaders and congressional hopefuls filter by means of its gilded hallways within the hopes of nabbing his endorsement or reingratiating themselves along with his base. Trump’s schedule has enabled him to construct shut relationships with get together leaders and fringe figures – from Home GOP chief Kevin McCarthy of California to Rep. Marjorie Taylor Greene of Georgia – whose assist in a contested major might finally assist him clear the sector. Lots of the aides who’ve been with him since he left the White Home are anticipated to proceed on as marketing campaign palms, as the previous president and his de facto chief of employees, longtime Florida GOP strategist Susie Wiles, goal to keep up a lean operation very similar to the early days of his 2016 presidential marketing campaign. Amongst those that are prone to be concerned are Wiles, Taylor Budowich, Chris LaCivita, Steven Cheung, Justin Caperole, Brian Jack and Brad Parscale, who managed a part of his failed 2020 marketing campaign. Notably, Trump’s son-in-law Jared Kushner, who was deeply concerned in his quest for reelection, is extensively anticipated to not be concerned this time round.

As president, Trump confronted criticism over a number of of his actions, particularly his administration of the worst public well being disaster in almost a century – the Covid-19 pandemic – although his administration helped facilitate the event of vaccines to deal with the novel coronavirus in document time. He additionally was blasted by critics over his dealing with of Hurricane Maria, which devastated Puerto Rico in 2017; the White nationalist rally, additionally in 2017, in Charlottesville, Virginia, the place Heather Heyer was killed whereas strolling with a bunch of counterprotesters; and Black Lives Matter protests.

Whereas in workplace, Trump signed sweeping tax cuts into legislation, enacted controversial hard-line immigration insurance policies, together with a coverage that separated migrant youngsters from their households and one generally known as “Stay in Mexico,” which the US Supreme Courtroom dominated in June may very well be ended by his successor, and appointed lots of of federal judges with deep conservative credentials. He additionally efficiently nominated three Supreme Courtroom justices, whose selections this 12 months as a part of the courtroom’s majority have shifted American society and legal guidelines rightward on points similar to abortion, weapons, spiritual freedom and local weather change.

The previous actual property businessman and actuality TV star was first elected to workplace in 2016, beating out a large discipline of greater than a dozen GOP candidates in an unpleasant major, after which prevailing over former Secretary of State Hillary Clinton in a contentious basic election, regardless of sexual misconduct allegations that may have usually been campaign-ending.

As president, Trump was an impulsive chief, who disbursed with long-standing norms, usually asserting coverage and Cupboard personnel modifications on Twitter. (He was finally banned from the platform following the US Capitol riot and was later barred from Fb, Instagram, and YouTube as effectively.)

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He pushed an “America First” international coverage strategy, pulling the US out of worldwide agreements such because the Paris local weather accord and the Iran nuclear deal, a pair of controversial strikes that have been decried by a lot of America’s high European allies.

This story has been up to date with further developments.

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Meta proves AI hype has its limits

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Meta proves AI hype has its limits

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Investor tolerance for extravagant corporate spending on artificial intelligence is showing signs of fatigue. Meta shareholders were willing to back Mark Zuckerberg’s AI ambitions when the company’s digital advertising business was humming, costs elsewhere were coming down and cash was being handed back. They are more circumspect now that revenue growth is slowing and costs are rising.

Meta has drawn praise for the technological prowess of its generative AI projects. Unlike some of its Silicon Valley peers, these are being developed in-house. This month the company announced its first designed chip for running AI models and the latest version of its generative AI model, Llama 3.

As with the company’s virtual reality metaverse plan, however, AI is a multibillion-dollar project with no clear timeline for revenues. Meta says it will raise spending this year by up to $10bn to cover infrastructure costs. While it does not break out AI spend in the same way that it does for the metaverse, costs are reflected in capex. Last year, capex fell to $28bn. This year, Meta expects annual capex to reach up to $40bn, $3bn more than first expected. This would equal 25 per cent of forecast annual revenue. Next year, the total will be higher still.

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Even with billions of dollars pouring in it is still not clear what sort of AI company Meta is building. It is not selling the chips it designs or the generative AI model it builds, which is open source. Revenue still comes from the company’s digital advertising business with a small sideline in VR headsets.

Meta has been integrating generative AI into products such as Instagram and Facebook in an attempt to boost engagement. But it has not provided details on any increase in the time users spend staring at these apps on their phones. Third-party estimates, including a study by non-profit Common Sense Media, suggest it will need to boost engagement by hours each day to catch up to TikTok. A US ban on the addictive video app could benefit Meta, which has a rival product in Instagram Reels. But this potential outcome is years, and a legal fight, away.

Meta has funds to spend. In the last quarter, operating profit rose 91 per cent. Buybacks and dividends are not in danger of being withdrawn. Still, it is difficult to predict how much Meta plans to spend on AI. Zuckerberg attempted to quell concerns by comparing the project to previous investments in Reels or Stories. But these were far smaller. The scale of the company’s AI ambitions is only just starting to emerge.

elaine.moore@ft.com

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Larry Webb’s deathbed confession solves 2000 cold case murder of Susan and Natasha Carter, 10, whose remains were found hours after he died

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Larry Webb’s deathbed confession solves 2000 cold case murder of Susan and Natasha Carter, 10, whose remains were found hours after he died

An ailing West Virginia man confessed on his deathbed to killing a mother and her 10-year-old child nearly a quarter century ago and led investigators to their bodies.

Larry Webb, 82, said he shot and killed both Susan Carter, 41, and her daughter Natasha “Alex” Carter in August 2000 and then buried their bodies in a shallow grave in the woods on his property, WSAZ reported.

The remains of the mom and daughter were discovered on Webb’s Beckley property Monday — roughly six hours after their killer died at Mount Olive Correctional Complex in Fayette County in what police called “a bit of a poetic ending.”

Alex Carter, 10, and her mother were last seen on Aug. 8, 2000. FBI
Larry Webb confessed to murdering Carter and her mother, Susan, 41, on his deathbed. FBI

Webb said that he had gotten into an argument with Susan Carter, who was living in his home with her daughter, over money and shot her. He said he was missing cash and believed that she had taken it and spent it, Raleigh County Prosecuting Attorney Ben Hatfield said.

After fatally shooting Susan, Webb said he “knew he had ruined his life forever,” investigators said, according to WSAZ.

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He then shot little Alex dead so that there were no witnesses.

“Once he had killed both individuals, he had stored them in the basement of the home where he cried himself to sleep that night. And then over the course of the next two nights, dug a shallow grave in the woods on his property,” Hatfield said, according to Fox News.

Webb was previously indicted for Alex’s death in October 2023 and was placed in custody earlier this month after the FBI took back up the cold case in 2021, according to the local news station.

Webb told investigators that he shot Susan following an argument over money and then killed Alex to cover his tracks. Fox

Investigators searched his home last year and found a bullet embedded in the wall of what was the girl’s bedroom, the station reported. The bullet was tested for DNA, which confirmed that blood on it belonged to the 10-year-old girl.

Webb reportedly confessed to the murders in a “come to Jesus” moment on his deathbed during the first week of April, West Virginia state police said, according to Fox.

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Susan and Alex Carter’s bodies were found Monday after nearly 24 years. FBI

Alex’s father, Rick Lafferty, who was in a custody battle with Susan over their daughter at the time of her death, said he was thankful to investigators for finally closing the case.

“Kind of a sad day, but also a happy day, because I can bring my baby home,” he said at a press conference announcing the findings.

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Meta shares fall as it predicts higher expenditure on AI

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Meta shares fall as it predicts higher expenditure on AI

Unlock the Editor’s Digest for free

Meta’s revenues jumped by more than a quarter in the first three months of the year, beating expectations, but its forecasts left Wall Street underwhelmed and the shares fell 10 per cent in after-hours trading on Wednesday.

Revenues at the social media group rose 27 per cent to $36.5bn, just above analyst expectations of a rise to $36.2bn.

Meta said it had raised the high end of its full-year capital expenditure guidance from $37bn to $40bn in order to “continue to accelerate our infrastructure investments to support our artificial intelligence (AI) roadmap”. It added that it expected capital expenditures to “continue to increase next year”.

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It said it anticipated current quarter revenues in the range of $36.5bn-$39bn, versus consensus estimates of $38.3bn.

Prior to the announcement, Meta’s stock had risen more than 40 per cent this year, having been in record territory since a bumper fourth-quarter earnings announcement in February during which it announced its first dividend and signalled a strong recovery from a recent advertising slump. 

Chief executive Mark Zuckerberg has been attempting to keep investors happy and cut costs while investing in the artificial intelligence race, its longer-term metaverse ambitions and the costly technology and infrastructure required to support both.

This month Meta released a new version of its AI model, Llama 3, which it said had vastly improved capabilities, including the ability to reason. The company also unveiled a new generation of its AI custom-made chips.  

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