Fmr. Federal Prosecutor Robert Ray: Trump Russia Probe Does Not Need Special Counsel

Former federal prosecutor Robert Ray said Sunday there is no need for special counsel to look into possible ties between the 2016 Trump presidential campaign and Russian officials. Ray, in an exclusive interview with Maria Bartiromo on “Sunday Morning Futures,” weighed in on the continuing debate, days after Attorney General Jeff Sessions recused himself from investigations into the matter over two conversations he had with a Russian diplomat during the campaign, when Sessions was an Alabama senator.

Top Bush ethics lawyer: Russia could have blackmail on…

President George W. Bush’s top ethics lawyer told Business Insider on Thursday that while it was “debatable” whether Attorney General Jeff Sessions perjured himself during his Senate confirmation hearing, he must resign. Richard Painter, a professor at the University of Minnesota Law School who was the chief White House ethics lawyer from 2005 to 2007, added the latest Russia-related White House firestorm could leave Sessions open to the risk of “blackmailing.”

Is This The Best Biotech Play for 2017?

Last year, a political spotlight on drug pricing policies threatened the entire industry. Scandals at Mylan and Valeant Therapeutics did damage to the entire sector, sending the share prices of many biotech companies down.

Billionaire investor Wilbur Ross confirmed as Trumpa s secretary of commerce

Wilbur L. Ross, Jr., takes his seat at a hearing of Commerce, Science, and Transportation committee on January, 18, 2017 in Washington, DC. Wilbur L. Ross, Jr., a former banker and investor who earned billions during decades buying and selling industries and who Trump has touted to lead his trade negotiations, was confirmed as Secretary of Commerce on Monday night in a 72 to 27 vote in the Senate.

Top Democratic Senator: The party has to do these 3 things to…

The Democratic Party is in the midst of an identity crisis – but a leading Democratic senator said he has an idea of what the left needs to do in order to win at the ballot box in 2018 and 2020. The first, he said, was directly related to his book, which outlined what he believes to be the negative effects of corporate influence on the political system.

‘It transformed me’: Donna Brazile reflects on ‘constant…

Outgoing Democratic National Committee chair Donna Brazile, in some of her first public comments since the presidential election, opened up Friday about how Russian hacking of the DNC last year colored not only the outcome of the election but also her personal experience in politics. In an interview with Business Insider at the DNC winter meeting on Friday, the chair reflected on the effects of the release of hacked emails from the committee and Hillary Clinton’s campaign chairman that were published by WikiLeaks last year.

Khanna says Democrats must be more “far more bold” at first town hall

Hundreds of people packed an auditorium at Ohlone College in Fremont on Wednesday night to hear freshman U.S. Rep. Ro Khanna speak on a broad range of topics at his first town hall event as a congressman. Khanna defeated fellow Democrat and eight-term incumbent Mike Honda on a campaign platform focused on moving the Democratic Party to a more progressive stance, and he pushed those same points to a receptive crowd Wednesday.

‘See You in Court’: Defiant Trump rails against appeals court…

“It’s a political decision and we’re going to see them in court … the security of our country is at stake,” he said to NBC News . Hillary Clinton, Trump’s former Democratic rival, offered a short note, tweeting “3-0,” referring to the 9th Circuit judges’ unanimous ruling: “We hold that the Government has not shown a likelihood of success on the merits of its appeal, nor has it shown that failure to enter a stay would cause irreparable injury, and we therefore deny its emergency motion for a stay.”

Should You Buy Twitter Shares Because Of… Trump?

In the grand scheme of investment theses, this is probably among the more bizarre that I’ve seen. There’s been an awful lot of negativity surrounding Twitter BTIG Research analyst Rich Greenfield has just upgraded Twitter from neutral to buy and assigned a one-year price target of $25.

Coty Says It Will Add First Woman Board Member by July

Fragrance and cosmetics company Coty will soon be adding a woman to its board of directors, reducing the number of S&P 500 companies without women in the boardroom to four. Fragrance and cosmetics company Coty said it will add a woman to its board of directors by July, reducing the number of S&P 500 companies without women in the boardroom to four.

Starbucks to hire 10,000 refugees over next 5 years

Starbucks says it will hire 10,000 refugees over the next five years, a response to President Donald Trump’s indefinite suspension of Syrian refugees and temporary travel bans that apply to six other Muslim-majority nations. Howard Schultz, the coffee retailer’s chairman and CEO, said in a letter to employees Sunday that the hiring would apply to stores worldwide and the effort would start in the United States where the focus would be on hiring immigrants “who have served with U.S. troops as interpreters and support personnel.”

Voter fraud

A woman who was arrested after voting twice for Donald Trump – and in the process becoming a flash point in the voter fraud debate – is incompetent to stand trial, her attorney said in a motion filed in Iowa court. Terri Lynn Rote, 56, was accused in late October of casting two ballots in the general election: an early-voting ballot at the Polk County Election Office and another at a county satellite voting location, according to police records.

To Toll or Not to Toll Is Question for Trump Infrastructure Plan

The Brent Spence Bridge between Ohio and Kentucky carries twice as much traffic as it was built to handle — it’s 54 years old and functionally obsolete. But an effort to replace the span on one of America’s busiest trucking routes has languished for years — even after governors from both states agreed on a $2.5 billion plan about five years ago.

Analysis: Trump promises big change, picks small fights

President Donald Trump points to a member of the audience after speaking at the Central Intelligence Agency in Langley, Va., Saturday, Jan. 21, 2017. President Donald Trump points to a member of the audience after speaking at the Central Intelligence Agency in Langley, Va., Saturday, Jan. 21, 2017.

Trump’s supporters looking forward to what’s next as their…

John Fiore booked a last-minute flight at three-times the standard rate so he could see Donald Trump, the first president he voted for who actually won the election since Ronald Reagan, sworn in as the 45th president of the United States Friday. Fiore, a Boston native, summed up his feelings about the now-present Trump presidency following his inaugural address in two words: “I’m psyched.”

How This CEO Got Caught Up In the Clinton Email Scandal

Months after the election, we still don’t know for sure what happened to all of Hillary Clinton’s emails, the ones that passed through her private email server, a question that remains unresolved and continues to infuriate some of President-elect Donald Trump’s die-hard supporters. But one clue to unraveling the mystery may lie with a low-key tech company based in southwestern Connecticut and its 31-year-old freckle-faced CEO, who handed over up to 17,448 deleted Clinton emails to the FBI.

New survey shows how much Fox News dominated the 2016 election

Fox News dominated the airwaves during the 2016 election season, serving as the main source of news for more people than any other media outlet, a new survey showed on Wednesday. The survey, conducted by Pew Research Center, found that 19% of Americans who were surveyed considered Fox News their “main source” of news during the election.

He ‘ought to be careful’: Trump chief of staff issues stern…

President-elect Donald Trump’s incoming chief of staff warned the head of a top government watchdog organization on Sunday to be careful of its public criticism of Trump. Reince Priebus blasted Office of Government Ethics Director Walter Shaub on “This Week” after he dubbed Trump’s attempts to separate himself from his business interests this week ” wholly inadequate .”

The outgoing FCC chairman doesn’t think his legacy will be easily overturn.

In a counterfactual world where Hillary Clinton wins the election, the Federal Communications Commission goes after AT&T for “zero-rating” DirecTV Now. What’s more, the agency uses the fact that Time Warner has licenses for the operation of satellites to force AT&T to submit its proposed $85 billion merger, and then, leans on the telecom giant to accept as a condition for approval, that it will no longer exempt the consumption of its owned content from consumers’ data caps.

Trump AG Nominee Sessions Says He’ll Recuse Himself From Clinton Probes

Jeff Sessions would recuse himself from any Clinton-related probes as Attorney General, he said at Senate confirmation hearing on Tuesday. Jefferson Beauregard Sessions III, the Republican Senator from Alabama nominated to become U.S. Attorney General, will recuse himself from any Clinton-related probes if he gets the job, he said at Senate confirmation hearing on Tuesday.

Congress Certifies Trump’s Electoral College Victory

The U.S. Congress on Friday certified the Electoral College vote that gave Republican Donald Trump the victory in the 2016 presidential election. Trump won 304 electoral votes compared to 227 garnered by Democratic presidential contender Hillary Clinton, according to the tally announced by Vice President Joe Biden.

How Donald Trump Could Make Rupert Murdoch Even More Powerful

President-elect Donald Trump may be preparing to give Rupert Murdoch a big reward for the positive coverage Murdoch’s outlets provided during the election. Trump has asked Murdoch to submit the names of possible nominees for Federal Communications Commission chairman, according to a report from New York magazine’s Gabriel Sherman.

The Dow’s Worst Day in 2016

Yet the year was also chock-full of major events, and many of them roiled the financial markets from time to time. In terms of the largest fall between market closes on consecutive days, the Dow’s worst day of the year came on June 24, when the Brexit decision for the U.K. to leave the European Union sent the average down 610 points.

Your pictures

George Primentas from London is behind The Missing Graph. He tells us that he’s been designing infographics inspired by business news since October.

Trump to Dissolve Foundation

President-elect Donald Trump said Saturday he will dissolve his charitable foundation amid efforts to eliminate any conflicts of interest before he takes office next month. The revelation comes as the New York attorney general’s office investigates the foundation following media reports that foundation spending went to benefit Trump’s campaign.

Clinton Ends Up With 2.9 Million More Votes Than Trump

Hillary Clinton received the most votes of any losing presidential candidate in U.S. history, according to the final and certified election results announced late Wednesday. Clinton ended up with 65,844,954 votes compared to Donald Trump’s 62,979,879 , beating the president-elect by 2.9 million votes.