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Nikki Haley needs big donors, but do they need her?

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Nikki Haley’s quest for the GOP nomination has taken a somewhat unconventional route.

While many candidates rely on securing votes from their party’s rank and file, Haley finds herself heavily reliant on big-money donors from the Wall Street donor class.

These wealthy individuals will play a crucial role in determining how long she can stay competitive against GOP front-runner Donald Trump.

Moderate politics

Haley’s challenge lies in her positioning as a moderate in a party that has shifted towards populism under Trump’s leadership.

The traditional country-club-types, Wall Street executives, and free-marketeers have taken a back seat to Trump’s “blue-collar” and anti-globalist agenda.

Unlike Trump, who primarily self-finances his campaigns and garners support from his base, candidates like Haley require financial backing from the non-populist, cash-rich minority to remain competitive.

Haley has made efforts to appeal to big-money donors, emphasizing her ability to compete against Joe Biden more effectively than Trump, who faces potential legal challenges.

Some donors are banking on Trump’s potential downfall, keeping her in the race as a backup option.

Struggled to gain traction

However, despite Haley’s significant fundraising efforts, she has struggled to gain traction with GOP voters.

She has faced defeats in the Iowa caucuses and the New Hampshire primary to Trump, and polls suggest she may lose her home state of South Carolina in February.

Wall Street donors are growing anxious.

Some have already withdrawn their support, while others, like Home Depot founder Ken Langone, are cautioning against investing in a losing campaign. If Langone pulls out, it could trigger a domino effect among other big-money donors.

Haley insists she will stay in the race until the end, but her fate may resemble that of Ron DeSantis, who dropped out when his donors withdrew their support.

To secure her path to the presidency, Haley will need to win a state at some point, or her “in it till the end” resolve may meet a similar fate.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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BREAKING: Shots ring out at Trump rally

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Donald Trump was whisked off the stage at a rally in Butler, Pennsylvania after loud noises rang through the crowd.

Trump was showing off a chart of border crossing numbers when bangs started ringing through the crowd. Trump could be seen reaching with his right hand toward his neck. There appeared to be blood on his face.

He quickly ducked behind the riser as agents from his protective detail rushed the stage and screams rang out from the crowd. The bangs continued as agents tended to him on stage.

His motorcade has left the venue.

In a statement, Trump says he is “fine” and says he is being checked at a medical facility.

Donald Trump was safe, the U.S. Secret Service and his campaign said on Saturday after multiple shots rang out at a rally by the Republican presidential candidate in Pennsylvania as video showed Trump grimacing and raising a hand to his right ear.
The former president had just started his speech when gunshots erupted and Trump and other rally attendees hit the deck. Secret Service agents swarmed around him and live video showed blood on the right side of Trump’s face and ear.
 
Trump repeatedly raised his fist in the air, with an American flag visible behind him, as security ushered him away.
“The Secret Service has implemented protective measures and the former president is safe,” a spokesperson for the agency said on X after what it called an incident.
“This is now an active Secret Service investigation and further information will be released when available.”

A map of the site, showing where the alleged gunman was situated compared to Donald Trump.

CNN reported that Trump was injured, but gave no other details. It was not clear how or what injuries he may have sustained.

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NASA astronauts phone home, confident Boeing’s Starliner will return to Earth safely

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Stranded NASA astronauts express confidence in Boeing’s Starliner spacecraft, assuring its capability to safely transport them back to Earth from the International Space Station.

The astronauts, over a video call to NASA, highlighted Starliner’s enhanced safety features and testing protocols as reassuring factors for their safe return.

“I have a real good feeling in my heart that this spacecraft will bring us home, no problem…”, said Sunita “Suni” Williams, one of the stranded NASA astronauts.

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Franchising vs. Independent: key differences to choosing the right SMB model

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With latest Australian Federal budget, many SMB’s are weighing their options when selecting a suitable business model.

Franchising provides brand recognition, operational support, and economies of scale but involves ongoing fees.

Independent businesses offer full control and profit retention but face higher costs and regulatory challenges.

For risk and reward, the franchising model reduces risk through established practices and support but involves ongoing fees and profit-sharing with the franchisor.

On the alternative, independent businesses retain full control of profits but face higher risks and responsibilities in managing the business.

Sonia Shwabsky, CEO at Kwik Kopy Australia, joins to share her key insights on SMB’s. #featured

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