Time Magazine
Trump named Time Person of the Year 2024
Donald Trump has been named Time magazine's 2024 Person of the Year and is scheduled to ring the opening bell at the New York Stock Exchange (NYSE) on Thursday morning at 9:30 a.m. EST.
This comes just months after he became the first former U.S. president to be convicted of a crime in a Manhattan courtroom, located only blocks away from the NYSE, reports AP.
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These developments highlight Trump's complex relationship with New York and mark his transformation from a controversial former president, who denied his election defeat four years ago, to a president-elect who secured a decisive victory in November. Time’s editor-in-chief, Sam Jacobs, announced the selection on NBC's Today show, describing Trump as the individual who “for better or worse, had the most influence on the news in 2024.”
Trump is expected to appear on Wall Street for the ceremonial opening of the trading day, as confirmed by multiple anonymous sources familiar with his plans. This marks his first time participating in the NYSE tradition, which frequently features prominent figures from various industries.
Trump previously received the Time Person of the Year title in 2016, following his initial presidential victory. Other finalists for this year’s recognition included Vice President Kamala Harris, tech entrepreneur Elon Musk, Israeli Prime Minister Benjamin Netanyahu, and Kate, the Princess of Wales.
This bell-ringing event will be the latest in a series of appearances Trump has made in New York this year. In addition to his court-mandated presence for legal proceedings, he has strategically held campaign events across the city, including a rally at Madison Square Garden that drew criticism for incendiary comments made by speakers. Trump also visited locations like a firehouse, a bodega, and a construction site, showcasing his appeal in diverse urban areas.
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Trump's fascination with being featured on the cover of Time dates back to 1989. He has falsely claimed to hold the record for cover appearances, and in 2017 it was revealed that fake Time covers featuring him were displayed at several of his golf clubs.
Since his re-election, Trump has emphasized his role in recent stock market gains, with the S&P 500, Dow Jones Industrial Average, and Nasdaq composite all reaching record highs following his November victory. Trump argues that his new presidential term should officially start from the day after the election to credit him for the economic surge.
As Trump prepares to assume office, his administration is shaping up to include many business leaders, aligning with his campaign promises of historic economic growth. While corporate America has praised his plans to cut taxes and deregulate, concerns persist about his proposed tariffs and the potential targeting of companies based on political alignment. Historically, stock markets have risen regardless of the party in power, but Trump’s policies could lead to significant shifts in industry performance.
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In parallel, Trump’s legal team is actively working to overturn his Manhattan conviction in light of his election win.
1 week ago
Marina Tabassum named in TIME’s list of the 100 Most Influential People for 2024
Bangladeshi architect Marina Tabassum has been named in influential US weekly TIME magazine’s list of the 100 Most Influential People in the world for 2024. Tabassum was named in the Innovators section of the list for her commitment to sustainable design that “prioritises local cultures and values, as well as the perils faced by our shared planet.”
The citation for Tabassum, written for TIME by Sarah Whiting, dean of the Harvard School for Design, says: “Tabassum’s altruism even extends to buildings themselves. She cares for her creations as creatures partaking in the resources of our earth: describing her Bait Ur Rouf Mosque in Dhaka, Bangladesh, which won the prestigious Aga Khan Award, she said a building “has to be able to breathe without artificial aids.” Elsewhere in the country, which faces increased flood risks due to climate change, she has developed houses that are cost-effective and easy to move—clearly, buildings shouldn’t just breathe; they should avoid getting their feet wet. While she practices very locally, she teaches, lectures, and is recognized internationally, modeling architecture not as an individual signature but as a collective Esperanto.”
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Tabassum's work was previously honoured with the 2016 Aga Khan Award for Architecture and with the Soane Medal by the American Academy of Arts and Letters Awards in 2021.
She was also named as the winner of the Millennium Lifetime Achievement Award at the Lisbon Architecture Triennale in 2022.
Tabassum is the principal architect of Marina Tabassum Architects, which she founded in 2005. Previously she was at URBANA, which she co-founded in 1995, shortly after graduating from BUET in 1994.
She broke into the limelight with her design for the Bait ur Rauf Mosque in Abdullahpur, that won her the Aga Khan Award, and pioneered a new generation of architects in embracing indigenous design principles for mosques, distinguished by the lack of domes, the use of plinths, the earthen palette, and the intelligent, at times bewitching use of light streaming in through perforations on the roof and walls.
Read more: 'Architecture is truly global, can also be deeply local'
8 months ago
Time magazine’s ‘Person of the Year’ is Elon Musk
Calling him a “clown, genius, edgelord, visionary, industrialist, showman,” Time magazine has named Tesla CEO Elon Musk as its Person of the Year for 2021.
Musk, who is also the founder and CEO space exploration company SpaceX, recently passed Amazon founder Jeff Bezos as the world’s wealthiest person as the rising price of Tesla pushed his net worth to around $300 billion. He owns about 17% of Tesla’s stock, which sold for almost $1,000 each on Monday.
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Time cited the breadth of Musk’s endeavors, from his founding of SpaceX in 2002, to his hand in the creation of the alternative energy company SolarCity in addition to Tesla, the most valuable car company in the world. The magazine emphasizes that its annual acknowledgement is not an award, but rather, “recognition of the person who had the most influence on the events of the year, for good or for ill.”
The magazine also noted the sway Musk holds over an army of loyal followers (and investors) on social media, where he skewers the powerful and also regulators attempting to keep in check an executive that is far from traditional. Before his 66 million followers on Twitter, he offers outlandish assistance to the world and drives even his own followers and investors mad by roiling markets.
Though it only became profitable in recent years, Tesla is far and away the world’s most valuable car company, at one point this year crossing the $1 trillion market capitalization threshold. Detroit heavyweights Ford and General Motors are worth less than $200 billion combined.
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Musk said last month that SpaceX will attempt to launch its futuristic, bullet-shaped Starship to orbit in January. NASA has contracted with SpaceX to use Starship for delivering astronauts to the lunar surface as early as 2025. Musk said he plans to use the reusable ships to eventually land people on Mars.
Time highlighted Musk’s recent admission to his 66 million Twitter followers that half his tweets were “made on a porcelain throne.” In its profile of the provocative CEO, Time went on to chronicle one of those toilet tweet storms in detail before concluding: ”This is the man who aspires to save our planet and get us a new one to inhabit.”
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Superstar couple Anushka & Virat Kohli urge paparazzis 'to stay away from our baby'
There are some celebrity couples in India who publicise their pregnancies to such a level that people start keeping tabs on their appointments with gynecologists and hospital visits. Then there are some who manage to keep their impending arrivals a secret for months.
3 years ago
Biden, Harris named Time magazine’s ‘Person of the Year’
Time magazine has named President-elect Joe Biden and Vice President-elect Kamala Harris its “Person of the Year.”
4 years ago
Bollywood star Ayushmann on Time’s 100 most influential list
Bollywood superstar Ayushmann Khurrana has been named among world’s 100 most influential people by the Time Magazine, reports Hindustan Times.
4 years ago