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Added on the 09/12/2021 18:13:53 - Copyright : Euronews EN
US stocks closed at record highs on Wednesday after President Joe Biden was sworn into office. Tech stocks drove the market following an optimistic earnings report from Netflix. According to Business Insider, the Netflix report sent shares soaring nearly 20%. Tech shares didn't stop with Netflix, Alphabet rose to an all-time high with a 6% surge. Alibaba climbed 7% after it's founder, Jack Ma, made an appearance in a videoconference. Ma had not been seen in public for months prior to the call. Gold rose 1.57% on the news of the 46th President's inauguration to $1,869.10 per ounce.
On the morning of January 20, 2021, Donald Trump and Melania Trump will depart the White House as President and first lady. According to tradition and proper White House etiquette, the outgoing First Couple observes a number of protocols in the peaceful transition of power. But the Trumps have no intention of doing so. Rather than offering the hand of friendship, they will be raising their well-manicured middle fingers. CNN reports the Trumps have refused to invite the Bidens inside the White House before departing. Nor will they welcome the Bidens on the steps of the North Portico, much less ride with them to the United States Capitol. After all, the outgoing President and his family have refused to attend President-elect Biden's inauguration ceremony entirely.
A major Florida newspaper has issued an apology for previously endorsing incumbent Rep. Michael Waltz of the state's 6th district. Waltz was reelected to maintain his seat in the 2020 general election. He was among House Republicans who signed an amicus brief in support of Texas' lawsuit seeking to overturn the outcome of the general election's results. The US Supreme Court rejected the lawsuit on Friday. The Orlando Sentinel issued an apology on Friday, saying its editors were unaware that the democratically elected official was 'not committed to democracy.' We had no idea, had no way of knowing at the time, that Waltz was not committed to democracy. Our bad. Editorial Board The Orlando Sentinel
Hong Kong (CNN) As United States President-elect Joe Biden faces an ugly, potentially contested transition, foreign policy may be the last thing on his mind. But in capitals around the world, foreign leaders are already clamoring for his attention, hoping to reset relationships and restore norms that shifted under President Donald Trump. Nowhere will there be greater opportunity for a shift than in the US-China relationship, which has deteriorated to historic lows during Trump's term in office. Over the past four years, both sides have slapped the other with trade tariffs, restricted access for tech companies, journalists and diplomats, shuttered consulates, and squared off militarily in the South China Sea.
Decision Desk HQ and Insider have announced that President-elect Joe Biden and Vice President-elect Kamala Harris have won Georgia. It's the first Democratic presidential victory in the state since Bill Clinton's narrow win in 1992, and earns Biden the state's 16 electoral votes. It brings Biden's final Electoral College count to 306, well above the 270 vote threshold for victory. Trump will earn 232 Electoral College votes. According to Business Insider, nearly all statewide precincts have reported. Biden led Trump by a 0.3% margin, earning 49.5% of the votes compared to Trump's 49.2%. Due to the closeness of the race, Georgia Secretary of State Brad Raffensperger on Wednesday ordered a statewide audit of the presidential election results. Such an audit requires that each ballot be counted by hand. Final vote tallies from each precinct must be submitted by November 18th.
US President Donald Trump walked out in the middle of his scheduled interview with CBS News' '60 Minutes' on Tuesday. CNN reports that not only did Trump fail to complete his interview, he also didn't return for an appearance he was supposed to tape with Vice President Mike Pence. Trump sat down at the White House with host Lesley Stahl for about 45 minutes, then abruptly ended the interview. Sources say he told the network he believed they had enough material to use. Stahl previously said that in 2016, then-candidate Trump admitted his attacks on the press were meant to discredit negative stories that emerged about him. He said, 'You know why I do it? I do it to discredit you all and demean you all so when you write negative stories about me, no one will believe you.' He said that. Lesley Stahl
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