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The rivalry between two of the world's richest men, Elon Musk and Jeff Bezos, has once again become a topic of discussion. Musk accused Bezos of having urged the public to sell Tesla and SpaceX stocks before the critical U.S. presidential election. In a post on X (formerly Twitter), Musk also alleged that Bezos had said Trump was going to lose. In an unusual statement, Bezos responded by outright denying the claims. Musk's Accusation Elon Musk, a prominent supporter of Donald Trump during the election, accused Jeff Bezos of telling people that Trump would certainly lose. According to Musk, the panic created from this statement might have caused some people to sell their Tesla and SpaceX stocks out of a growing fear that if Trump lost, there might be market repercussions. Musk tweeted that someone had told him this at Mar-a-Lago, Trump's resort in Florida. Bezos Denies Claims Jeff Bezos, hardly ever present on social media, came back with a short but to-the-point denial of Musk's claims. In his first post since November 6, Bezos stated: “Nope. 100% not true.” Musk later pressed a laughing emoji and said: “Well, then, I stand corrected.” What It Looks Like Musk is said to have spent over $130 million on Trump's reelection campaign and has had a close connection with the former president. There have been a series of controversies over his association with Trump, fearing that it may sting Tesla and SpaceX stocks during political turmoil moments. It seems that Musk and Bezos fought an antagonistic battle, and the companies Tesla and Amazon are always embroiled in the technological and innovation wars with one another. In this case, for now, the matter appears to be settled, illustrating the growing public nature of disputes between billionaire titans. Get Latest News Live on Times Now along with Breaking News and Top Headlines from Technology Science and around the world.
I'm A Celebrity... Get Me Out Of Here host Declan Donnelly gave his daughter the dream day at work with daddy. The six-year-old joined her father on the set of the hit reality show yesterday morning as he continues his work in the Australian jungle. Isla joined her dad on set and spent her morning playing with members of the ITV crew as well as hanging out in Dec's lavish dressing room which boasts a sofa, bathroom and television to watch the show. Isla watched Dec, 49, and his co-host Ant McPartlin present their aftershow live to thousands of viewers on social media and even joined the fun by interrupting "Uncle Ant" to shout "Toast!" as he showed slices of it to the camera, to which he responded: "Yes Isla, toast." The outing came after Friday's episode saw viewers pointing out huge blunders throughout show. On several occasions, celebrities appeared in the Bush telegraph to talk to the camera, but the wrong name flashed up on screen. In one instance Love Island's Maura Higgins appeared on screen alongside the writing for Melvin Odoom, TV presenter and DJ. Another showed McFly's Danny Jones incorrectly named as Radio 1 DJ Dean McCullough. And fans quickly mocked the mishap on Twitter /X. One user jibed: "The editing team tonight need to be fired. they've mixed up campmates names several times. #imacelebrity #ImACeleb." Another noted: "Issues with names tonight Danny was Dean and Maura was Melvin #ImACeleb #imaceleb2024," while a third wrote: "What’s happening with the names today??? Danny was in the telegraph apparently it was Dean and Maura was Melvin. @imacelebrity #ImACeleb #imaceleb2024" Posting the images alongside each other, another joked: "The names are cracking me up. Dean and Melvin look different! @imacelebrity @antanddec #ImACeleb" During Friday's edition of the show, fans were all concerned that Dean McCullough would spoil a major secret in the jungle. Earlier in the week, Love Island contestant Maura Higgins and The Communards star Reverend Richard Coles joined the show in the Jungle Junkyard. They were kept separate from the main camp and were seemingly going without any luxuries, not even beds. However, they were lapping up the luxury and had to try to fool the other contestants. After the most recent Bushtucker Trial, Dean joined Maura and Richard in the separate camp and fans were wary he was going to ruin their secret. Taking to X, many shared their fears, with one writing: "Dean will ruin the junkyard lie and ruin it for everyone, i fear. He couldn’t keep the teabags a secret when Tulisa/Melvin had salt and no one knew until she gave it up #imaceleb." Follow Mirror Celebs on Snapcha t , Instagram , Twitter , Facebook , YouTube and Threads .Having macroeconomic and financial system stability being restored, the focus should shift towards enhancing growth prospects that are both inclusive and sustainable 2024 is a year to be remembered in Sri Lanka’s economic journey since many challenges faced by the country have significantly eased. Sri Lanka is returning to normal after recurring economic shocks since 2019, including the Easter Sunday attack, the pandemic, and the economic crisis. The global economy also exhibited economic resilience amidst multiple challenges, with a soft landing compared to what was feared. Meanwhile, geopolitical conditions became unfavourable. Let’s dive deeper into these. In 2024, Sri Lanka made notable progress in restoring macroeconomic and financial system stability. Following a selective debt-standstill announcement in 2022, external debt restructuring negotiations were concluded in 2024. Subsequently, the country exited the restricted default status it had experienced over two and a half years. Further, the sovereign rating was upgraded by several notches, thus reducing the country’s risk premium substantially. The Extend Fund Facility of the International Monetary Fund (IMF) continued successfully and the Executive Board's approval for the second review and staff-level agreement for the third review were reached in 2024. These developments, along with political stability built on a stronger mandate, helped ease market conditions and enhance bullish market sentiments during the latter part of the year. The key macroeconomic indicators improved compared to alarming levels that prevailed in recent years. Inflationary pressures eased notably, and the country recorded temporary deflation after several years. This allowed the easing of monetary conditions further during the year to support credit expansion and economic activity. Moreover, economic growth recovered at a faster pace, facilitated by low interest rates, improved economic sentiments, reviving domestic and external demand, and a lower statistical base of growth in 2023. Importantly, persistent imbalances in the fiscal sector were largely adjusted through fiscal consolidation measures and improved fiscal discipline. Buffers of foreign reserves to withstand external shocks were improved, supported by continuous forex purchases by the Central Bank. Meanwhile, reflecting the external current account surplus supported by increased net inflows of forex and positive market sentiments, exchange rate appreciation continued in 2024 as well. These improvements on the external front alongside the need to increase fiscal revenue prompted the Government to consider the relaxation of remaining import restrictions by the end of the year. In addition to the improvements on the macroeconomic front, the financial sector resilience also improved, and any financial sector catastrophe was avoided decisively. Key financial soundness indicators, including capital adequacy, credit quality, liquidity, and profitability, have shown improvement in the year. Completion of the restructuring of foreign currency debt held by the banks reduced the uncertainties and risks to the banks. Prominently, the legal framework governing the banking system was further strengthened to enhance the soundness of the banking sector, including the areas of governance, related party transactions, large exposure, and ownership. Money market and financial market performances were enhanced, and the stock market reached new heights. Nevertheless, the scarring effect of the prolonged economic hardships on the people and businesses remains. Targeted policy measures to support the most vulnerable segment of the population and businesses would offer temporary relief for survival. Nevertheless, improving inclusive economic growth prospects would be a lasting solution to this problem. Global economic prospects revived, even amidst tighter disinflationary policies of central banks and continued stiff financial conditions. However, global growth over the medium term is projected to hover below the averages recorded before the pandemic. Inflation in many countries returned closer to the targeted levels, after spikes observed during 2022-2023. This disinflation record without leading to global recession is commendable, thanks to the synchronised monetary policy measures and eased global supply. Subsequently, consistent reduction in inflation and anchored inflation expectations facilitated transition towards broad-based monetary policy easing. In 2024, major advanced countries, including the USA, UK, and European Union, began to reduce policy interest rates, after maintaining tighter monetary stance in 2022 and 2023. Meanwhile, prices of key commodities, such as crude oil, LP gas, coal, and agricultural products, exhibited less volatility and stabilised at a lower level, due to an improvement in demand-supply mismatches. The US dollar strengthened against its major rivals, as measured by the US dollar index. Several political developments unfolded this year with many countries electing new political administrations. Shifting major policy priorities in global superpowers, particularly the USA, could shape the global geoeconomic and social dynamics in the period ahead. In general, fiscal performance worsened globally in 2024 and fiscal sustainability concerns have resurfaced. Global public debt widened in 2024 and is set to increase further in the coming years. Even though it is mainly driven by the USA and China, increasing public debt is becoming a widespread issue. Moreover, fiscal vulnerabilities are emerging further, prompting warnings from multilateral agencies on the high likelihood of sovereign distress in many countries. From a medium-term perspective, pursuing fiscal adjustment through fiscal consolidation, building fiscal buffers along with enhancing fiscal governance would help mitigate the lingering effects of debt unsustainability and the need for painful one-time fiscal adjustments. The time is conducive now, as easing global monetary conditions creates space for countries to absorb the impact of fiscal tightening. On the financial front, the near-term risks to global financial stability remain muted, supported by stable macroeconomic conditions and easing monetary conditions. However, the possible spillovers of growing economic and geopolitical uncertainties on economic sectors and financial system cannot be ruled out. Meanwhile, social indicators, including poverty reduction, gender equality, and female labour force participation, did not show any significant progress during the year, and thus requiring continuous global attention. Sri Lanka has once again demonstrated its resilience by emerging from the deepest economic crisis in record time. This was possible through decisive policy measures involving multiple stakeholders and international partners. However, it is essential not to become complacent and to continue prioritising structural reforms. Sri Lankans have now fully understood the cost and implications of persistent economic imbalances and macroeconomic instability. Any step forward should be taken cautiously to circumvent backtracking from the strong reform agenda. Having macroeconomic and financial system stability being restored, the focus should shift towards enhancing growth prospects that are both inclusive and sustainable. Reforms aimed at addressing remaining structural economic issues and vulnerabilities should continue in the same spirit. Since the global environment is becoming ever more unpredictable, Sri Lanka should build buffers in its external, fiscal, financial, and monetary sectors to withstand externally driven shocks with minimal adjustment cost. Additionally, Sri Lanka needs to adapt to global megatrends, such as climate change, geoeconomic fragmentation, the adoption of artificial intelligence, and the aging population. Such preparation will empower Sri Lanka to navigate the evolving global landscape effectively in the years to come.
Prime Minister Anthony Albanese will unveil a refreshed frontbench line-up in late January, with Bill Shorten’s exit from parliament opening the door to a junior minister being promoted, months out from the next federal election. Senior government sources, who asked not to be named so they could speak freely, say Albanese is considering two options for his frontbench shake-up, with responsibility for Shorten’s former portfolios of Government Services and the NDIS to be handed on as the federal election is not due until May 2025. Anika Wells, Matt Keogh, Amanda Rishworth and Mark Butler are all being considered to assume outgoing Bill Shorten’s responsibilities. Credit: In the reshuffle, government sources said the first and more likely option was that Social Services Minister Amanda Rishworth and Health Minister Mark Butler would be handed responsibility for one of each of the portfolios, with NDIS a better fit for Rishworth as the disability agency is part of her department. This would mean the number of cabinet ministers would shrink from 23 to 22 people. The second option being considered is promoting a member of the outer ministry, with Queensland-based Aged Care and Sports Minister Anika Wells and WA-based Veterans and Defence Personnel Minister Matt Keogh considered the frontrunners. Both are in the Labor Right faction, like Shorten. Opposition Leader Peter Dutton must also replace a senior shadow minister on his frontbench after opposition Senate leader and foreign affairs spokesman Simon Birmingham announced on Thursday that he was quitting politics. The first details of how Albanese could recast his frontbench have emerged after a successful end to the parliamentary year for the government, which included the passing of 31 new laws on the final day , after months of delay and lengthy negotiations with the Coalition or the Greens and the crossbench. As parliament wound down for the year, Labor won Senate votes on housing, food prices and a ban on social media apps for under 16s, and other measures. Albanese and Treasurer Jim Chalmers have to release a mid-year budget update before Christmas that could foreshadow more cost-of-living relief, while Dutton has hinted at more detail on the opposition’s nuclear and housing policies before Christmas too. Either scenario would mean that Victoria’s influence around the cabinet table would be reduced with Shorten’s exit, but Labor hopes to gain seats in Queensland and hold on to the swag of seats it picked up in Western Australia in 2022. Promoting a talented new minister from Queensland or WA is seen, internally, as tactically astute and unlikely to cause a fuss, whereas promoting another NSW MP to cabinet at the expense of Victoria would likely put noses out of joint. Shorten’s combined portfolios of the NDIS and Government Services were given to him when Labor won government as he had been one of the disability insurance scheme’s earliest champions. He had also been a frontrunner in pursuing and supporting the robo-debt royal commission, which made Government Services a natural fit. The government sources said the prime minister would ponder the changes during a short Christmas break. Dutton, like Albanese, is expected to be back at work by early January as both men gear up for what is widely expected to be a close election in which a hung parliament is considered a distinct possibility given the size of the crossbench. Both leaders are also planning, at this stage, to make major policy announcements in the second half of January, with a prime ministerial appearance at the National Press Club around Australia Day pencilled in and some members of both main parties anticipating an election to be called days later, though Albanese has indicated he is leaning towards May. The most recent Resolve Political Monitor conducted for this masthead in early November showed the opposition’s primary vote had risen by one percentage point to 39 per cent, while Labor’s held steady at 30 per cent. These primary votes would deliver either major party, at best, a razor-thin majority in the next parliament. While Dutton will feel the loss of Birmingham, a former finance, education, trade and tourism minister at various times under Scott Morrison and Malcolm Turnbull, the need to replace a foreign affairs spokesperson heading into a domestic political campaign is less urgent. While Liberal deputy leader Sussan Ley and shadow cabinet ministers Jane Hume, James Paterson and Dan Tehan have all been put forward as possible replacements for Birmingham , moving shadow ministers from domestic portfolios months out from an election could disrupt the shadow expenditure review committee process that is now working on election policies. Another option would be for Dutton to take the portfolio in a caretaker capacity, or for former shadow cabinet minister Julian Leeser to be returned to the frontbench while former ambassador and foreign policy wonk Dave Sharma would be handed an assistant role. Cut through the noise of federal politics with news, views and expert analysis. Subscribers can sign up to our weekly Inside Politics newsletter .The people that president-elect Donald Trump has selected to lead federal health agencies in his second administration include a retired congressman, a surgeon and a former talk-show host. All of them could play pivotal roles in fulfilling a new political agenda that could change how the government goes about safeguarding Americans' health — from health care and medicines to food safety and science research. And if Congress approves, at the helm of the team as Department of Health and Human Services secretary will be prominent environmental lawyer and anti-vaccine organizer Robert F. Kennedy Jr. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get any of our free email newsletters — news headlines, obituaries, sports, and more.“‘Great for the Position’: Dan Campbell Breaks Down Why Teddy Bridgewater’s Return Is a Game-Changer for the Lions”
Hetian Power Supply Company of State Grid Xinjiang Electric Power Co., Ltd. improves the intelligence level of the power grid to ensure the safety of users' electricity consumptionIndia emerges as major hub for GCCs
MAI Capital Management cut its stake in First Solar, Inc. ( NASDAQ:FSLR – Free Report ) by 8.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,724 shares of the solar cell manufacturer’s stock after selling 163 shares during the quarter. MAI Capital Management’s holdings in First Solar were worth $430,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors and hedge funds have also recently bought and sold shares of the company. Electron Capital Partners LLC grew its stake in shares of First Solar by 81,947.0% in the 2nd quarter. Electron Capital Partners LLC now owns 7,669,757 shares of the solar cell manufacturer’s stock valued at $1,729,223,000 after buying an additional 7,660,409 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in First Solar by 1,757.2% in the third quarter. Robeco Institutional Asset Management B.V. now owns 546,193 shares of the solar cell manufacturer’s stock worth $136,242,000 after acquiring an additional 516,783 shares in the last quarter. Anomaly Capital Management LP acquired a new position in shares of First Solar during the 2nd quarter worth $53,752,000. International Assets Investment Management LLC raised its holdings in shares of First Solar by 24,844.0% during the 3rd quarter. International Assets Investment Management LLC now owns 217,512 shares of the solar cell manufacturer’s stock valued at $542,560,000 after purchasing an additional 216,640 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in shares of First Solar by 2,429.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 174,530 shares of the solar cell manufacturer’s stock valued at $39,350,000 after purchasing an additional 167,629 shares during the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock. First Solar Price Performance NASDAQ:FSLR opened at $186.05 on Friday. The company has a market capitalization of $19.92 billion, a price-to-earnings ratio of 16.02, a PEG ratio of 0.33 and a beta of 1.48. The company has a 50-day moving average of $212.65 and a 200-day moving average of $225.35. First Solar, Inc. has a 52 week low of $135.88 and a 52 week high of $306.77. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.44 and a current ratio of 2.14. Analyst Ratings Changes Several research firms have commented on FSLR. StockNews.com raised shares of First Solar from a “sell” rating to a “hold” rating in a research report on Tuesday, November 12th. Royal Bank of Canada cut their price objective on First Solar from $315.00 to $280.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 30th. Roth Mkm decreased their target price on First Solar from $320.00 to $280.00 and set a “buy” rating for the company in a research report on Tuesday, October 15th. BMO Capital Markets reiterated an “outperform” rating and set a $260.00 price target (down previously from $286.00) on shares of First Solar in a report on Wednesday, October 30th. Finally, UBS Group boosted their price objective on shares of First Solar from $350.00 to $360.00 and gave the stock a “buy” rating in a research note on Wednesday, July 31st. Four analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $279.04. Check Out Our Latest Research Report on FSLR First Solar Profile ( Free Report ) First Solar, Inc, a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. Read More Want to see what other hedge funds are holding FSLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Solar, Inc. ( NASDAQ:FSLR – Free Report ). Receive News & Ratings for First Solar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Solar and related companies with MarketBeat.com's FREE daily email newsletter .McLean, Duax lead FGCU over Florida International 60-59
Kobe Sanders, Nevada beat Oklahoma St. for fifth place in Charleston
NoneHaving macroeconomic and financial system stability being restored, the focus should shift towards enhancing growth prospects that are both inclusive and sustainable 2024 is a year to be remembered in Sri Lanka’s economic journey since many challenges faced by the country have significantly eased. Sri Lanka is returning to normal after recurring economic shocks since 2019, including the Easter Sunday attack, the pandemic, and the economic crisis. The global economy also exhibited economic resilience amidst multiple challenges, with a soft landing compared to what was feared. Meanwhile, geopolitical conditions became unfavourable. Let’s dive deeper into these. In 2024, Sri Lanka made notable progress in restoring macroeconomic and financial system stability. Following a selective debt-standstill announcement in 2022, external debt restructuring negotiations were concluded in 2024. Subsequently, the country exited the restricted default status it had experienced over two and a half years. Further, the sovereign rating was upgraded by several notches, thus reducing the country’s risk premium substantially. The Extend Fund Facility of the International Monetary Fund (IMF) continued successfully and the Executive Board's approval for the second review and staff-level agreement for the third review were reached in 2024. These developments, along with political stability built on a stronger mandate, helped ease market conditions and enhance bullish market sentiments during the latter part of the year. The key macroeconomic indicators improved compared to alarming levels that prevailed in recent years. Inflationary pressures eased notably, and the country recorded temporary deflation after several years. This allowed the easing of monetary conditions further during the year to support credit expansion and economic activity. Moreover, economic growth recovered at a faster pace, facilitated by low interest rates, improved economic sentiments, reviving domestic and external demand, and a lower statistical base of growth in 2023. Importantly, persistent imbalances in the fiscal sector were largely adjusted through fiscal consolidation measures and improved fiscal discipline. Buffers of foreign reserves to withstand external shocks were improved, supported by continuous forex purchases by the Central Bank. Meanwhile, reflecting the external current account surplus supported by increased net inflows of forex and positive market sentiments, exchange rate appreciation continued in 2024 as well. These improvements on the external front alongside the need to increase fiscal revenue prompted the Government to consider the relaxation of remaining import restrictions by the end of the year. In addition to the improvements on the macroeconomic front, the financial sector resilience also improved, and any financial sector catastrophe was avoided decisively. Key financial soundness indicators, including capital adequacy, credit quality, liquidity, and profitability, have shown improvement in the year. Completion of the restructuring of foreign currency debt held by the banks reduced the uncertainties and risks to the banks. Prominently, the legal framework governing the banking system was further strengthened to enhance the soundness of the banking sector, including the areas of governance, related party transactions, large exposure, and ownership. Money market and financial market performances were enhanced, and the stock market reached new heights. Nevertheless, the scarring effect of the prolonged economic hardships on the people and businesses remains. Targeted policy measures to support the most vulnerable segment of the population and businesses would offer temporary relief for survival. Nevertheless, improving inclusive economic growth prospects would be a lasting solution to this problem. Global economic prospects revived, even amidst tighter disinflationary policies of central banks and continued stiff financial conditions. However, global growth over the medium term is projected to hover below the averages recorded before the pandemic. Inflation in many countries returned closer to the targeted levels, after spikes observed during 2022-2023. This disinflation record without leading to global recession is commendable, thanks to the synchronised monetary policy measures and eased global supply. Subsequently, consistent reduction in inflation and anchored inflation expectations facilitated transition towards broad-based monetary policy easing. In 2024, major advanced countries, including the USA, UK, and European Union, began to reduce policy interest rates, after maintaining tighter monetary stance in 2022 and 2023. Meanwhile, prices of key commodities, such as crude oil, LP gas, coal, and agricultural products, exhibited less volatility and stabilised at a lower level, due to an improvement in demand-supply mismatches. The US dollar strengthened against its major rivals, as measured by the US dollar index. Several political developments unfolded this year with many countries electing new political administrations. Shifting major policy priorities in global superpowers, particularly the USA, could shape the global geoeconomic and social dynamics in the period ahead. In general, fiscal performance worsened globally in 2024 and fiscal sustainability concerns have resurfaced. Global public debt widened in 2024 and is set to increase further in the coming years. Even though it is mainly driven by the USA and China, increasing public debt is becoming a widespread issue. Moreover, fiscal vulnerabilities are emerging further, prompting warnings from multilateral agencies on the high likelihood of sovereign distress in many countries. From a medium-term perspective, pursuing fiscal adjustment through fiscal consolidation, building fiscal buffers along with enhancing fiscal governance would help mitigate the lingering effects of debt unsustainability and the need for painful one-time fiscal adjustments. The time is conducive now, as easing global monetary conditions creates space for countries to absorb the impact of fiscal tightening. On the financial front, the near-term risks to global financial stability remain muted, supported by stable macroeconomic conditions and easing monetary conditions. However, the possible spillovers of growing economic and geopolitical uncertainties on economic sectors and financial system cannot be ruled out. Meanwhile, social indicators, including poverty reduction, gender equality, and female labour force participation, did not show any significant progress during the year, and thus requiring continuous global attention. Sri Lanka has once again demonstrated its resilience by emerging from the deepest economic crisis in record time. This was possible through decisive policy measures involving multiple stakeholders and international partners. However, it is essential not to become complacent and to continue prioritising structural reforms. Sri Lankans have now fully understood the cost and implications of persistent economic imbalances and macroeconomic instability. Any step forward should be taken cautiously to circumvent backtracking from the strong reform agenda. Having macroeconomic and financial system stability being restored, the focus should shift towards enhancing growth prospects that are both inclusive and sustainable. Reforms aimed at addressing remaining structural economic issues and vulnerabilities should continue in the same spirit. Since the global environment is becoming ever more unpredictable, Sri Lanka should build buffers in its external, fiscal, financial, and monetary sectors to withstand externally driven shocks with minimal adjustment cost. Additionally, Sri Lanka needs to adapt to global megatrends, such as climate change, geoeconomic fragmentation, the adoption of artificial intelligence, and the aging population. Such preparation will empower Sri Lanka to navigate the evolving global landscape effectively in the years to come.President-elect Donald Trump said Saturday that he wants real estate developer Charles Kushner, father of Trump’s son-in-law Jared Kushner, to serve as ambassador to France. Trump made the announcement in a Truth Social post, calling Charles Kushner “a tremendous business leader, philanthropist, & dealmaker." Kushner is the founder of Kushner Companies, a real estate firm. Jared Kushner is a former senior Trump adviser who is married to Trump’s eldest daughter, Ivanka. The elder Kushner was pardoned by Trump in December 2020 after pleading guilty years earlier to tax evasion and making illegal campaign donations. Prosecutors alleged that after Charles Kushner discovered his brother-in-law was cooperating with federal authorities in an investigation, he hatched a scheme for revenge and intimidation. RELATED STORY | Trump and Mexican President Claudia Sheinbaum are discussing tariffs. What should consumers expect? Kushner hired a prostitute to lure his brother-in-law, then arranged to have the encounter in a New Jersey motel room recorded with a hidden camera and the recording sent to his own sister, the man’s wife, prosecutors said. Kushner eventually pleaded guilty to 18 counts including tax evasion and witness tampering. He was sentenced in 2005 to two years in prison — the most he could receive under a plea deal, but less than what Chris Christie, the U.S. attorney for New Jersey at the time and later governor and Republican presidential candidate, had sought. Christie has blamed Jared Kushner for his firing from Trump’s transition team in 2016, and has called Charles Kushner’s offenses “one of the most loathsome, disgusting crimes that I prosecuted when I was U.S. attorney.” Trump and the elder Kushner knew each other from real estate circles and their children were married in 2009.Quest Partners LLC Raises Stock Position in Atkore Inc. (NYSE:ATKR)
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