Dow Jones Futures: Dow Makes History, As Tesla, Nio Set Record Highs; Hot IPO Stocks Corsair, Palantir Skyrocket

Dow Jones Futures: Dow Makes History, As Tesla, Nio Set Record Highs; Hot IPO Stocks Corsair, Palantir Skyrocket
SCOTT LEHTONEN

Dow Jones futures in were focus early Wednesday after the Dow Jones Industrial Average crossed 30,000 for the first time ever.

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  • Mike Pence is homeless after leaving office and ‘couch-surfing’ with Indiana politicians, report says

    Mike Pence has been residing in public housing for the past eight years

  • Biden Backs Chicago Teachers Refusing to Return to School: ‘I Know They Want to Work’

    President Joe Biden on Monday expressed support for the Chicago Teachers Union in its fight against reopening schools for in-person learning, saying, “I know they want to work.” The CTU voted Monday to defy the city school district and continue to work remotely. “They just want to work in a safe environment, and as safe as we can rationally make it, and we can do that,” Biden said. Biden’s comments came in response to a question about the union at a news conference after an event on American manufacturing, according to the Chicago Sun-Times. White House staffers were reportedly briefed about the ongoing standoff in the nation’s third-largest district by American Federation of Teachers chief Randi Weingarten. Asked if teachers should return to school, the president said, “we should make school classrooms safe and secure for the students, for the teachers and for the help that is in those schools maintaining those facilities.” The president added, “we should be able to open up every, every school, kindergarten through eighth grade, if in fact we administer these tests, and we’ll have the added advantage I might add, a putting millions of people back to work.” Biden did not mention Chicago or Democratic Mayor Lori Lightfoot in his response. He said widespread testing and functioning ventilation systems are key to reopening schools – both of which have fueled disagreements between Chicago Public Schools officials and the CTU, which is a local affiliate of the AFT. Weingarten said the White House is “really concerned about reopening and really concerned about doing it right.” “I felt it was my moral obligation to brief the White House this weekend, which I did,” she said, adding that she briefed Biden senior staffers on “what was going on in Chicago, from my perspective.” She indicated she was “very pleased” with his comments on Monday. Politically powerful national teachers unions make up a key part of Biden’s base. First Lady Jill Biden along with Weingarten and National Education Association President Becky Pringle held a virtual event with 11,000 teachers last week. About 70,000 elementary school students are scheduled to return to in-person learning on February 1 for the first time since schools closed in March 2020, according to the Chicago Public School’s coronavirus reopening plan. Around 10,000 elementary school teachers and staff were expected to report to work on Monday to prepare for the reopening. However, CTU members voted to stay at home due to disagreements with CPS over the reopening plan. Eighty-six percent of all CTU members cast ballots with 71 percent opting to continue to work from home. The union is advocating for members with medically vulnerable relatives at home to receive accommodations for remote work and for teachers to only be required to return to in-person instruction upon receiving a vaccination. It is also pushing for increased testing of staff and students as well as a public health metric that would determine when schools should reopen or close. Union members said they were encouraged to hear Biden’s comments on the situation, according to the Sun-Times. CTU Vice President Stacy Davis Gates said Biden “is not taking sides” but is “prioritizing the safety of every stakeholder in every city in every state in this country.”

  • Biden did not, in fact, remove Trump's 'Diet Coke button' from the Resolute Desk, White House clarifies

    The new Biden administration has yet not disclosed the secrets of Area 51 or explained what the Air Force really knows about UFOs, but it did clarify, at least, the mystery of the vanished "Diet Coke button" former President Donald Trump would use to summon refreshments in the Oval Office. The usher button, as it is formally known, is not gone, even if it is no longer used to summon Diet Cokes, a White House official tells Politico. The White House official "unfortunately wouldn't say what Biden will use the button for," Politico's Daniel Lippman writes, suggesting Biden might summon Orange Gatorade and not the obvious answer, ice cream — or, let's get real, coffee. What's more, there are evidently two usher buttons in the Oval Office, one at the Resolute Desk and the other next to the chair by the fireplace, a former White House official told Politico, adding that Trump didn't actually use the Diet Coke button all that much because "he would usually just verbally ask the valets, who were around all day, for what he needed." In any case, it is not the placement of the button that matters, of course, but how you use it. And Biden will presumably know better than to order ice cream treats during a top-secret national security briefing. More stories from theweek.comSarah Huckabee Sanders' shameless campaign for governorTrump's impeachment lawyer said he thinks 'the facts and the law will speak for themselves'Pentagon tied D.C. National Guard general's hands before Capitol siege

  • Virginia National Guard corporal fired from police department after Capitol riot

    Jacob Fracker was one of two off-duty Rocky Mount police officers who participated in the Capitol siege, authorities said.

  • Master Sergeant Gives Hated Air Force Tiger Stripe Uniform a Memorable Sendoff

    The U.S. Air Force is approaching its sunset date for the Airman Battle Uniform, known as the ABU.

  • Biden tells Fox News reporter he talked to Putin about ‘You’ when asked about his call with Russian president

    Leaders reportedly discussed Ukraine tensions, a massive cyberattack and Russia’s poisoned opposition leader

  • McConnell Signals Support for Effort to Deem Trump Impeachment Trial ‘Unconstitutional’

    Senate Minority Leader Mitch McConnell (R., Ky.) and 45 members of his caucus backed an effort to declare the impeachment trial of former President Trump “unconstitutional” on Tuesday. McConnell’s colleague from Kentucky, Senator Rand Paul, introduced a point of order on Tuesday to declare Trump’s impeachment trial unconstitutional on the grounds that a president can’t be impeached once he has left office. Senate Majority Leader Chuck Schumer then moved to table Paul’s point of order, blocking the effort to preemptively invalidate the impeachment trial. McConnell joined all but five Senate Republicans in opposing Schumer, signaling a willingness to entertain the argument that the impending trial is unconstitutional. The point of order resolution effectively forced Republicans to declare on the record whether they consider the impeachment trial constitutional, given that it’s taking place after Trump has left office. The resolution failed after a majority of senators voted in favor of Schumer’s move to table it, meaning the impeachment trial will go ahead as planned. However, only five Republicans voted against the resolution: Mitt Romney of Utah, Lisa Murkowski of Alaska, Susan Collins of Maine, Ben Sasse of Nebraska, and Pat Toomey of Pennsylvania. At the close of the impeachment trial itself, at least 17 Republican senators would need to join Democrats in order to convict Trump. “I think there will be enough support on” the point-of-order resolution “to show there’s no chance they can impeach the president,” Paul told reporters before the vote on Tuesday. “If 34 people support my resolution that this is an unconstitutional proceeding, it shows they don’t have the votes and we’re basically wasting our time.” Senator Collins said following the vote that there would be little chance of an impeachment conviction. “I think it’s pretty obvious from the vote today that it is extraordinary unlikely that the president will be convicted,” Collins told The New York Times. “Just do the math.” McConnell was reportedly pleased with the idea of impeaching Trump, after the former president incited a mob of his supporters to amass at the Capitol on January 6, though the majority leader later said publicly that he hadn’t decided whether to vote to convict. The mob breached the Capitol and forced lawmakers to evacuate, and five people died in the riots including a Capitol police officer. An impeachment conviction could allow the Senate to bar Trump from running for office again, however a number of Republican senators have come out against the impeachment push. Senator Marco Rubio of Florida said it would be “arrogant” for the Senate to prevent Trump from running again. “Voters get to decide that,” Rubio told Chis Wallace on Fox News Sunday. “Who are we to tell voters who they can vote for in the future?” Senator Tom Cotton of Arkansas also voiced skepticism regarding the impeachment trial. “I think a lot of Americans are going to think it’s strange that the Senate is spending its time trying to convict and remove from office a man who left office a week ago,” Cotton told the Associated Press on Monday. Editor’s Note: A previous version of this article incorrectly stated that McConnell voted to declare Trump’s impeachment trial unconstitutional. In fact, the minority leader voted against a motion to table Senator Paul’s point of order, which deems the trial unconstitutional. We regret the error.

  • Police: Terrorism didn't motivate fatal Oregon car attack

    Investigators have found no evidence that terrorism, politics or any bias motivated a driver who repeatedly drove into people along streets and sidewalks in Portland, Oregon, killing a 77-year-old woman and injuring nine other people, police said Tuesday. The driver, whose name has not been released, was hospitalized and was expected to be booked into jail afterward, the Portland Police Bureau said in a news release. The woman, who died at a hospital, was identified as Jean Gerich of Portland, police said.

  • Chuck Schumer tried to unseat Susan Collins, and now it's personal

    Senate Majority Leader Chuck Schumer (D-N.Y.) will have his work cut out for him as he tries to maneuver through the 50-50 upper chamber. To pass most legislation, he'll need to work with Republicans to get things done, but that won't be easy, especially after he rigorously campaigned against a few of them in recent election cycles, CNN reports. Take, for example, Sen. Susan Collins (R-Maine), who ultimately won a hard fought re-election campaign last year against Democratic challenger Sara Gideon. Despite the victory, Collins appears to have taken Schumer's efforts to unseat her personally. "What this campaign taught me about Chuck Schumer is that he will say or do anything in order to win," she told CNN. "It was a deceitful, despicable campaign that he ran." Collins is generally considered one of the more bipartisan voices in the Senate and has crossed the aisle not infrequently throughout her tenure, but those words don't make her sound like someone who's excited to help hand Schumer easy wins. Read more at CNN. Susan Collins doesn't sound like she's keen on cutting lots of deals https://t.co/YHgj2ydgN6 — Jonathan Chait (@jonathanchait) January 26, 2021 The only way governing with the filibuster can ever work is if Republicans are willing to engage in good faith negotiations. Even SUSAN COLLINS is explicitly stating she’s a partisan who has no interest in working with Democrats. — Matt McDermott (@mattmfm) January 26, 2021 More stories from theweek.comSarah Huckabee Sanders' shameless campaign for governorTrump's impeachment lawyer said he thinks 'the facts and the law will speak for themselves'Pentagon tied D.C. National Guard general's hands before Capitol siege

  • YouTube suspends Giuliani from partner program, cutting access to ad revenue

    The suspension, which will last at least 30 days, has been in effect since last week, YouTube said.

  • Four teenagers arrested over ‘live-streamed’ murder of 15-year-old girl in Walmart

    ‘There appeared to be no remorse,’ says Calcasieu Parish sheriff Tony Mancus

  • Israeli military chief warns of new plans to strike Iran

    Israel's military chief Tuesday warned the Biden administration against rejoining the 2015 Iran nuclear deal, even if it toughens its terms, adding he's ordered his forces to step up preparations for possible offensive action against Iran during the coming year. The comments by Lt. Gen. Aviv Kohavi came as Israel and Iran both seek to put pressure on President Joe Biden ahead of his expected announcement on his approach for dealing with the Iranian nuclear program.

  • The Marines Could Be the Next Military Service to Get New Grooming Rules

    Marine officials declined to comment on when the review is expected to be complete or what changes could result.

  • Here Are The Brightest Decor Buys of the Season

    Let’s get loudOriginally Appeared on Architectural Digest

  • Editorial: Is Gov. Newsom 'following the science' on COVID reopening, or following the politics?

    Gov. Newsom needs to do a better job communicating California's statewide COVID restrictions with the public, and with other state officials.

  • Former President Donald Trump opens Florida office

    Former President Donald Trump opened an office in Florida on Monday that will handle his duties as a former U.S. president and seek to further his administration's agenda.

  • Goya board of directors censures CEO for comments about election fraud

    Robert Unanue previously praised then-President Donald Trump at a White House event, saying the country was “truly blessed” to have him leading it.

  • Tibetan Monk, 19, Dies After Months of Beatings in Chinese Custody, Human Rights Watch Claims

    A 19-year-old Tibetan monk has reportedly died after battling two months of alleged mistreatment under Chinese authorities. Tenzin Nyima, also known as Tamay, served at Dza Wonpo monastery in Wonpo township, Kandze prefecture, a Tibetan area in the Sichuan province of China. Nyima was first arrested in November 2019 after distributing leaflets with three other monks according to Human Rights Watch (HRW).

  • Scoop: Pompeo to stay in DC and join Hudson Institute

    Former Secretary of State Mike Pompeo will join the Hudson Institute, giving him a platform to stay active in policy discussions and potentially run for president in 2024. Why it matters: By aligning himself with the conservative think tank, Pompeo will keep close to the debates — and donors — that matter to the Republican Party.Get smarter, faster with the news CEOs, entrepreneurs and top politicians read. Sign up for Axios Newsletters here.“I am pleased to be joining Hudson Institute and look forward to contributing to its mission of promoting American leadership and global engagement,” Pompeo said in a statement obtained by Axios.The big picture: The Hudson Institute has minted many of the policy proposals that have gained currency in the GOP, even as it prided itself on serving as a forum for Democrats and Republicans to exchange views during the Trump administration. * It's also become a landing spot for conservative national security thinkers, including Tim Morrison, a National Security Council official, and Jon Lerner, a GOP strategist who has advised Nikki Haley and former Vice President Pence. * Hudson’s former president and CEO, Ken Weinstein, was nominated by Trump as ambassador to Japan but he never received a full vote in the Senate. Hudson is now led by John Walters and Weinstein is a distinguished fellow. What they are saying: “Secretary Pompeo’s exemplary record of public service and his commitment to the values underpinning our mission makes this an exciting opportunity for collaboration,” said Sarah May Stern, chair of Hudson's board of trustees. Flashback: The day after President Biden's inauguration, Pompeo tweeted, "1,384 days," an apparent countdown to the 2024 election.Support safe, smart, sane journalism. Sign up for Axios Newsletters here.

  • Alaska to investigate issuance of offensive license plate

    An Alaska department plans to investigate the issuance of “3REICH” personalized license plates, while a spokesperson for Gov. Mike Dunleavy said Dunleavy removed a member of Alaska's Human Rights Commission for comments she made about the controversy. The issue drew attention after a former newspaper editor, Matt Tunseth, posted a picture of the plate on social media. Debate over the issue gained traction on social media and blogs over the weekend, and Department of Administration Commissioner Kelly Tshibaka announced Monday that she was ordering a review of Division of Motor Vehicles' processes to determine how the plates were issued.