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POLITICS 07/17/2018 05:45 pm ET Updated 0 minutes ago The billionaire “climate hero” has given nearly $90,000 to a party whose members largely dismiss climate science. By Chris D'Angelo and Alexander C. Kaufman Billionaire tech entrepreneur Elon Musk, a man widely hailed as a world leader in the fight to combat climate change, has doled out nearly 7 times as much cash to Republican campaigns and political committees this election cycle as he has to Democratic ones. Since the start of 2017, the CEO of Tesla and SpaceX has personally contributed $88,900 to Republicans, while he gave those on the other side of the aisle $13,300, according to a HuffPost review of Federal Election Commission data. Musk came under fire this week after Salon first reported that he’d donated $38,900 to Protect the House, a GOP political action committee focused on maintaining Republican control of the House. The June contributions puts him among the PAC’s top … [Read more...] about Elon Musk Has Donated Nearly 7 Times As Much To Republicans This Cycle

By Jonathan Stempel (Reuters) - Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc, on Thursday criticized active fund managers, bankers and even Elon Musk as he urged investors to court simplicity and temper expectations for future returns.Munger, 95, often provoked laughter as he fielded questions at the annual meeting of Daily Journal Corp, the Los Angeles newspaper publishing company he chairs, though he is better known for his four decades as a Berkshire vice chairman. Berkshire now owns more than 90 businesses in the insurance, energy, railroad and other sectors, along with dozens of stocks. Many critics have said its girth has made it tougher for the Omaha, Nebraska-based company and its stock to outperform. Munger said that is also true in the stock market, where the average professional stock picker does not outperform lower-cost funds that track indexes such as the Standard & Poor's 500. "For another considerable period, index … [Read more...] about Charlie Munger targets active managers, Elon Musk; praises China

A Secret Service agent blocked the phone of a CBS reporter who was attempting to ask White House senior adviser Jared Kushner a question on Tuesday and told the journalist he didn’t “give a damn” who he was.CBS correspondent Errol Barnett wrote Tuesday that both Kushner and his wife, Ivanka Trump, daughter of President Donald Trump, were on board his commercial flight from Washington, D.C., to New York City. Barnett said he planned to ask the couple some questions, but his recorded attempt later was thwarted by an irked Secret Service agent who told him there was a “time and a place” for such queries.When Barnett tried to identify himself as a reporter, showing his credentials, the agent replied: “I don’t give a damn who you are.”Jared Kushner did not answer my question and the secret service informs me, while obscuring my phone, that despite identifying as WH press, there is a “time and a place” for … [Read more...] about Secret service agent blocks reporter from questioning Kushner

It's been a rough week for President Donald Trump's son-in-law and senior adviser, Jared Kushner.Kushner still faces congressional scrutiny after an internal White House memo suggested Trump was directly involved in granting his security clearance.Kushner's academic records and the circumstances surrounding his acceptance to Harvard University have also been publicly questioned.Several other excerpts from the upcoming tell-all book on Kushner and his wife, Ivanka Trump, Kushner, Inc.: Greed. Ambition. Corruption. The Extraordinary Story of Jared Kushner and Ivanka Trump, shine an unflattering light on the couple.In a statement to INSIDER about the book, a spokesperson for Kushner's real-estate firm called the book "fiction," and said "the book is too fake and too dumb to warrant any comment."It's been a rough week for President Donald Trump's son-in-law and senior adviser, Jared Kushner.Questions surrounding the circumstances of his security clearance (and whether Trump influenced the … [Read more...] about The road ahead of Jared Kushner doesn’t look like it’s going to get any better