Biden memoir sells in $10M range
Hachette Book Group paid the roughly $10 million figure to Biden for the book to be published by its Little, Brown & Co., The Wall Street Journal reported Wednesday.
Neither the publisher nor Creative Artists Agency (CAA), which represents Biden, returned ITK's requests for comment.
Other presidential memoirs have also meant big pay days for former first families.
In 2017, a bidding war for the global rights to two books from former President Obama and Michelle Obama reportedly topped $60 million.
Former President Clinton received a $15 million advance for his 2004 autobiography 'My Life,' according to multiple reports.
Biden said earlier this month that he had been 'working like hell' to write a memoir documenting his presidency.
The 82-year-old former president, who announced he was diagnosed with an aggressive form of prostate cancer, said as he was leaving office in January, 'I'm not going to be out of sight or out of mind.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Post
28 minutes ago
- New York Post
Biden's top aides lived in ‘fog of denial' over president's cognitive decline: insider
As lawmakers continue their investigation into what former President Joe Biden's inner circle knew about his alleged cognitive decline, one insider who's written about the issue says he continues to be stunned by the 'fog of denial' that surrounded the aging president. 'They [just] convinced themselves, in effect, they believed what they wanted to believe instead of their lying eyes, even during the debate when everything went south,' said Chris Whipple, author of the book 'Uncharted,' which chronicled the lead-up to the 2024 presidential election. Advertisement Whipple interviewed several members of Biden's inner circle in the aftermath of his widely criticized debate performance, which ultimately led to the suspension of his re-election campaign. Former chief of staff Ron Klain, who reportedly told House lawmakers this week that Biden had grown 'more forgetful' in office, was among sources who opened up for Whipple's book. 'Despite that devastating debate, which was lights out, game over, everybody knew it, Klain was still all in on Joe Biden's nomination and re-election and somehow thought he could beat Trump,' Whipple told 'America's Newsroom' Friday. 'He's been in the doghouse with Joe Biden and his inner circle ever since he was devastatingly candid to me about Joe Biden's condition in that pre-debate prep at Camp David.' Advertisement Author Chris Whipple said he was stunned by the denial he saw after interviewing former President Biden's top aides about his alleged cognitive decline. AP House Republicans have launched a probe into the former president's cognitive health and have called on former Biden administration officials to testify about what they witnessed. Most of those called have pleaded the Fifth and refused to answer lawmakers' questions, including the former president's physician. But based on his conversations, Whipple does not believe there was a secretive scheme to control the presidency. Advertisement Former Biden chief of staff Ron Klain leaving an interview with the House Oversight Committee Chairman on July 24, 2025. Getty Images 'The notion that this was somehow, you know, Biden's last year was 'Weekend at Bernie's' and that there he was non compos mentis and there was a cabal running the country with an autopen is just silly,' he said. 'The notion that they're [Republicans are] going to be able to prove that there was this dastardly cover-up on the part of Biden's inner circle is just crazy to me. I think the answer is that this thing goes nowhere.'
Yahoo
an hour ago
- Yahoo
This Warren Buffett Stock Is Reportedly Contemplating a Huge Move
Key Points Kraft is reportedly looking at splitting up its grocery business. One entity may focus on sauces and spreads, while the other would include processed meats and cheeses. 10 stocks we like better than Kraft Heinz › Warren Buffett's Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) holds many prominent household names in its portfolio. But not all of them have been doing well in recent years. A great example of that is Kraft Heinz (NASDAQ: KHC). Despite being a big name in the food industry, it has been a brutal investment to hold -- its shares are down 17% over the past five years. The business isn't doing well, growth is stagnant, and investors are worried about the future as consumers pivot to healthier food choices. And the company is reportedly considering a breakup of its business. Here's why that could be a good thing for investors. Kraft Heinz to split its business? According to The Wall Street Journal, Kraft is looking at spinning off a sizable chunk of its business, which would be worth around $20 billion. Currently, the stock's total market cap is approximately $34 billion. While the details are still not exactly known as to which brands might be in which business, the company is reportedly looking to have one business that focuses on spreads and sauces, while the other is likely to include processed meats, cheeses, and other core products. It could take weeks before details are sorted out and there's also the possibility that a breakup doesn't end up happening. But with the stock and company performing so poorly in recent years, a shake-up could be in order. The company's sauces and spreads, for instance, which are staples in households around the world, may have better growth potential than a business that's focused on processed food, which has been associated with health risks. The company has not been going in the right direction Kraft's top line hasn't given investors much reason to be optimistic. While it's been relatively steady in recent years, at around $26 billion in annual revenue, that's not terribly exciting for growth investors, especially given that many of the company's brands are synonymous with less-than-healthy eating. Forward-looking investors know that this downward trend may persist in the future as consumers eat healthier. And while the stock offers a high dividend yield of 5.5% today, that may not be enough of a reason to own it, especially if the stock's losses more than offset the dividend income. Plus, the danger is that if the company's top and bottom lines decline in the future, the dividend may not prove to be sustainable. For both dividend and growth investors, there are plenty of concerns around Kraft these days, which explain why the food stock hasn't been doing well. Should you buy Kraft Heinz stock today? Kraft's stock looks cheap, trading at 13 times its trailing earnings. But with many question marks around its business, the safest option is to take a wait-and-see approach. A spinoff could open up a good opportunity for investors, by splitting off segments and brands that may have more potential to grow in the long run. However, until the full details come out about a spinoff and what brands each business may have, it would be difficult to assess just how attractive the opportunity might be. And you would still need to wait until after the spinoff takes place and then invest in the specific business you want, to ensure you aren't still having a position in the entire company as it stands today. For now, I'd hold off on buying Kraft's stock. It appears evident that a change in strategy may be inevitable, whether it's a breakup of the business or some other move, and you may be better off waiting before making any investment decision on Kraft. Should you invest $1,000 in Kraft Heinz right now? Before you buy stock in Kraft Heinz, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Kraft Heinz wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 David Jagielski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Berkshire Hathaway. The Motley Fool recommends Kraft Heinz. The Motley Fool has a disclosure policy. This Warren Buffett Stock Is Reportedly Contemplating a Huge Move was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
Fewer than half of ICE arrests under Trump are convicted criminals
A woman cries after her husband is detained by federal agents during a mandatory immigration check-in in June in New York City. The Trump administration's arrests have been catching a smaller share of criminals overall, and a smaller share of people convicted of violent and drug crimes, than the Biden administration did in the same time frame last year. (Photo by Michael M. Santiago/Getty Images) Despite Trump administration rhetoric accusing Democrats of protecting violent criminals and drug-dealing immigrants, the administration's arrests have been catching a smaller share of criminals overall, and a smaller share of people convicted of violent and drug crimes, than the Biden administration did in the same time frame. While the Trump administration has caught more immigrants with convictions for drugs and violence, their share of the rising arrest numbers is smaller, as more people get swept up for minor traffic violations or strictly immigration crimes, according to a Stateline analysis. Forty percent of the nearly 112,000 arrests by U.S. Immigration and Customs Enforcement (ICE) from Jan. 20 through late June were of convicted criminals. That's compared with 53% of the nearly 51,000 arrests for same time period in 2024 under the Biden administration. Trump's deportations could cost 6M jobs, report finds The share of people convicted of violent crime fell from 10% to 7% and drug crimes from 9% to 5%, according to a Stateline analysis of data from the Deportation Data Project. The project, led by attorneys and professors in California, Maryland and New York, collects and posts public, anonymized U.S. government immigration enforcement datasets obtained through Freedom of Information Act requests. Some Democratic states are among those with the highest share of violent criminals in this year's ICE arrests: Hawaii (15%), Vermont (13%), and California and Nebraska (12%) — while some of the lowest shares were in more Republican states: Maine (2%), and Alabama, Montana and Wyoming (3%). Immigration attorneys see an increased push to arrest and detain immigrants for any type of violation or pending charge as President Donald Trump pushes for higher arrest and detention numbers to meet his campaign promise for mass deportation. Trump officials have called for 3,000 arrests a day, far more than the current average of 711 as of June and 321 a day during the same time period under Biden. The majority of recent ICE detentions involve people with no convictions. That's a pattern I find troubling. – Oregon Republican state Rep. Cyrus Javadi Arrests have accelerated since about mid-May, when government attorneys began asking to revoke bail and arrest people who show up for court hearings after being released at the border, said Vanessa Dojaquez-Torres, practice and policy counsel for the American Immigration Lawyers Association, which represents more than 16,000 immigration attorneys. 'We're not completely sure what the reasoning or the goal is behind some of these policies, other than they want detention numbers up,' Dojaquez-Torres said. 'They seem to have really been struggling to get their deportation numbers up, and so I think that's one of the reasons why we see a lot of these policies going into effect that are meant to kind of circumvent the immigration court process and due process.' Arrests of people convicted of violent crimes increased by 45% from about 5,300 to 7,700 compared with last year. For drug crimes, the increase was 21% — and they fell as a share of total arrests, from 9% under the Biden administration to 5% this year. If Trump wants more deportations, he'll need to target the construction industry Arrests for those not convicted of any crime nearly tripled to about 67,000, and increased from 47% to 60% of arrests. The U.S. Department of Homeland Security defended ICE arrests Wednesday. Assistant Secretary for Public Affairs Tricia McLaughlin said in a statement that the agency was 'targeting dangerous criminal illegal aliens and taking them off American streets. Violent thugs ICE arrested include child pedophiles, drug traffickers, and burglars.' In Oregon, arrests during the first part of last year increased from 51 under the Biden administration to 227 under the Trump administration, with those not convicted of any crime increasing from 34 to 137. Those with convictions for violent crime increased from 3 to 16. Even some Republicans are concerned with the new emphasis on non-criminals. 'The majority of recent ICE detentions involve people with no convictions. That's a pattern I find troubling, especially when it risks sweeping up people for things like expired tags or missed court dates,' said Oregon state Rep. Cyrus Javadi, a moderate Republican representing Tillamook and Clatsop counties. Nationally, nonviolent crimes have risen as a share of immigration arrests. The most common crime conviction for those arrested this year is driving while intoxicated, which was also the top offense last year under Biden. But this year it's closely followed by general traffic offenses, which rose to second place from sixth place, surpassing such crimes as assault and drug trafficking. More cities, counties join immigrant sanctuary lawsuit seeking to block Trump funding cuts Traffic offenses, outside of driving while intoxicated and hit and run, rose almost fourfold as the most serious conviction on record for those arrested, the largest increase in the top 10. Those offenses were followed by increases in the immigration crime of illegal entry, meaning crossing the border in secret, which tripled. The increase in traffic violations as a source of immigration arrests is a reason for cities to consider limiting traffic stops, said Daniela Gilbert, director of the Redefining Public Safety Initiative at the Vera Institute of Justice, a nonprofit devoted to ending mass incarceration. 'It's an important point to consider intervening in so that there can be less interaction, and so ICE has less opportunity to continue its indiscriminate dragnet of enforcement,' Gilbert said. The institute argues in general that traffic stops should be limited to safety issues rather than low-level infractions such as expired registrations or single burned-out taillights, both because they do not improve public safety and because they disproportionately affect drivers of color. SUPPORT: YOU MAKE OUR WORK POSSIBLE Such policies limiting stops under some conditions are in place in 10 states and in cities in six other states, according to the institute. The most recent state polices took effect last year in California and Illinois, while a policy is set to take effect in October in Connecticut. The most recent city policies were in Denver and in East Lansing and Ypsilanti, Michigan. Six other states have considered legislation recently. Stateline reporter Tim Henderson can be reached at thenderson@ SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
