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Video: ‘My Memory Is Fine,’ President Biden Says

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Video: ‘My Memory Is Fine,’ President Biden Says

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‘My Memory Is Fine,’ President Biden Says

The president defended his ability to serve when questioned by reporters on his memory and age during a news conference hours after a special counsel cleared him of criminal charges in the handling of classified documents.

[Reporter] “President Biden, something the special counsel said in his report is that one of the reasons you were not charged is because, in his description, you are a well-meaning, elderly man with a poor memory.” “I’m well meaning, and I’m an elderly man, and I know what the hell I’m doing. I’ve been president, and I put this country back on its feet. I don’t need his recommendation. That’s totally –” [Reporter] “How bad is your memory, and can you continue as president?” “My memory is so bad I let you speak. That’s –” [Reporter] “Do you know if your memory has gotten worse, Mr. President?” “My memory is not – My memory is fine. My memory – Take a look at what I’ve done since I’ve become president. None of you thought I could pass any of the things I got passed. How did that happen? You know, I guess I just forgot what was going on.”

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Amazon is the latest Big Tech company to donate $1mn to Trump fund

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Amazon is the latest Big Tech company to donate mn to Trump fund

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Amazon will donate $1mn in cash to Donald Trump’s inaugural fund, the company confirmed on Thursday, as Big Tech companies seek to build relations with the US president-elect.

Amazon’s move comes after Facebook and Instagram parent Meta similarly donated $1mn to the fund. Amazon will also broadcast Trump’s inauguration on its Prime Video service.

Trump has long accused Big Tech companies of a litany of abuses, including censorship of conservative media. Following his election victory in November, Big Tech executives rushed to congratulate him, marking a contrast with their more cautious reception to his first term as they seek relief from pressure around antitrust, deals and artificial intelligence.

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Amazon executive chair and founder Jeff Bezos is also planning to visit Trump’s Mar-a-Lago resort next week, according to The Wall Street Journal, which first reported Amazon’s donation.

Google and Apple chief executives Sundar Pichai and Tim Cook, respectively, were both quick to congratulate Trump after the election. Pichai was expected to meet Trump at Mar-a-Lago on Thursday, The Information reported, and Meta chief executive Mark Zuckerberg dined with Trump there following his election win.

The moves come after Elon Musk, the billionaire owner of X, gave tens of millions of dollars to Trump’s campaign and subsequently installed himself as one of the president-elect’s closest allies. Trump has tapped Musk to lead a group examining broad reforms of government bureaucracy.

Apple’s hardware business is also potentially exposed to Trump’s sweeping tariff plans, which risk upsetting its critical China supply chains. During Trump’s first term, Cook managed to secure carve-outs for the company’s products.

Trump clashed with Amazon during his first term, during which he accused the online retail giant of putting companies out of business and criticised its tax policy. 

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In 2018 he also ordered a review into the US Postal Service’s pricing for package deliveries, accusing the post office of acting as Amazon’s “delivery boy”.

Under the Biden administration, Amazon has faced further pressure, with the US Federal Trade Commission under Lina Khan and several states filing a landmark monopoly lawsuit against the company last year.

The FTC is also probing major cloud service providers, including Amazon, regarding their partnerships in generative AI.

Following the first assassination attempt on Trump over the summer, Bezos took to X to congratulate him on his “tremendous grace and courage under literal fire”.

Bezos, who owns The Washington Post, also blocked the newspaper from endorsing Trump’s Democratic opponent, Kamala Harris, in October. He denied the agreement was part of a quid pro quo between Trump and his rocket company, Blue Origin, which competes with Musk’s SpaceX.

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Sacramento’s homeless crisis, “super” sanctuary cities and President Biden pardons 1,500

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Sacramento’s homeless crisis, “super” sanctuary cities and President Biden pardons 1,500
Sacramento’s homeless crisis, “super” sanctuary cities and President Biden pardons 1,500 – CBS Sacramento

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CBS13 political analyst Gary Dietrich discusses Sacramento Mayor Kevin McCarty’s approach to the homeless crisis, “super” sanctuary cities and President Biden commuting 1,500 sentences.

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Live news: Adobe shares on track for worst day in two years after weak outlook raises fears over AI investments

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Live news: Adobe shares on track for worst day in two years after weak outlook raises fears over AI investments

Items to look out for today include US inflation and employment data, and any insights contained in annual results from Broadcom and Costco Wholesale.

US wholesale inflation: The US producer price index, which tracks wholesale price inflation, is expected to have risen 2.6 per cent in November on an annual basis, compared with 2.4 per cent in October. The PPI figures land a day after data showing consumer prices rose 2.7 per cent in the year to November, in line with forecasts and underscoring expectations that the Federal Reserve will cut interest rates next week. 

Initial jobless claims: New applications for US unemployment aid are expected to have slowed to 220,000 in the week ended December 7, from 224,000 in the previous week.

Broadcom: Investors will be keen to hear about any new product announcements from the US chipmaker when it reports earnings after market close. The company is expected to post a 52 per cent jump in fourth-quarter revenues, to $14.1bn. 

Costco Wholesale: Investors will watch for the large retailer’s latest insights into consumer spending in the holiday season. Costco is expected to report a 7 per cent jump in first-quarter revenues, to $62.1bn.

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