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☆ Dave & Buster's plan to allow betting on arcade games draws scrutiny
▼ + stars: | 2024-05-03 | by ( Jessica Golden | ) www.cnbc.com time to read: +1 min

A Dave & Buster's location in the Gateway Center shopping complex in the Brooklyn borough of New York, US, on Saturday, March 30, 2024. Arcade chain Dave and Buster's plan to allow customer betting isn't winning over everyone. Software company Lucra Sports announced on Tuesday that it was working with the entertainment chain to allow customers to place wagers on their arcade games through the Dave & Buster's app. Illinois State Rep. Daniel Didech, a Democrat from Buffalo Grove, filed a bill on Thursday that's designed to prohibit family amusement establishments from facilitating wagering on amusement games. "None of those protections are in place at Dave & Buster's locations.

Persons: Dave, Daniel Didech, Didech Organizations: Gateway Center, . Software, Lucra Sports, Illinois State, Democrat, Illinois, Illinois House Gaming, CNBC, Dave Locations: Brooklyn, New York, Buffalo Grove, Illinois

☆ The ‘outside agitator’ narrative has a long history
▼ + stars: | 2024-04-27 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +13 min

In these instances, and others, authorities have not offered many specifics about who the “outside agitators” are, how significant their numbers are or how they differentiated outsiders from university-affiliated protesters. “It seems to me that the ‘outside agitator’ claim is one to shift the focus away from the grievances of the students and their protest.”The emphasis on “outside agitators,” Morris says, detracts from the central issue that is driving students to protest: Israel’s war in Gaza. ‘Outside agitator’ trope has a long historyYou don’t have to look far back in history to find examples of the “outside agitator” narrative. “We want to say as clearly as possible - we welcome ‘outside agitators’ to our struggle against the ruthless genocide of Palestinians.”Still, the use of the term is more complicated than it seems. As pro-Israel politicians have amplified concerns around antisemitism, some supporters of students’ right to free expression have suggested “outside agitators” are undermining otherwise peaceful protests.

Persons: ”, Eric Adams, Kaz Daughtry, Gregory Fenves, Aldon Morris, Morris, aren’t, ” Morris, ’, detracts, Donald Trump, Trump, George Floyd, Jose Lusi Magana, —, Kathleen Fitzgerald, White, ” Fitzgerald, Bruce Solomon, Solomon, Martin Luther King Jr, “, Emory, Ayanna Pressley, Hank Johnson, Netanyahu, ” Alex Slitz, ” What’s Organizations: CNN, New York Police Department, Columbia University, New York University, New York City, NYPD, Fox, Emory University, University, Emory, Northwestern University, Associated, AP, White House, Washington D.C, Getty, Parkland, Civil Rights Movement, University of North, Southern Christian Leadership Conference, ”, Atlanta, Spelman College, Yale University, Chapel Hill, University of Texas Locations: Gaza, New York, York, ”, Washington, AFP, Oklahoma, Ferguson , Missouri, University of North Carolina, Mississippi, Brooklyn, Jackson, Miss, Birmingham, United States, Israel, Atlanta, Georgia, Columbia, Austin

☆ Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
▼ + stars: | 2024-04-26 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

An Exxon gas station is seen on October 06, 2023 in the Brooklyn borough of New York City. Exxon Mobil on Friday reported first-quarter earnings that missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices. Natural gas prices have plummeted 37% this year, and refining margins are lower than they were a year ago. Oil and gas production profits fell 12% to $5.67 billion, compared with $6.46 billion in same quarter last year due to lower natural gas prices. Exxon's fuel business saw earnings plummet 67% to $1.38 billion, compared with $4.18 billion in the prior year, due to lower refining margins.

Persons: Hess Organizations: Exxon, Exxon Mobil, LSEG, Chevron, Revenue, Hess Corp Locations: Brooklyn, New York City, Guyana

☆ PepsiCo earnings beat estimates as international demand boosts sales
▼ + stars: | 2024-04-23 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

PepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts' expectations, despite a recall of some Quaker Foods cereal and bars that dented U.S. volume. The company's organic revenue, which excludes acquisitions, divestitures and foreign exchange, increased 2.7% in the quarter. The company's food division saw its volume decrease 0.5%, while its beverage segment reported flat volume. The Quaker Foods recall dented Pepsi's organic volume by roughly 1%. For the full year, the company is expecting organic revenue will rise at least 4% and core constant currency earnings per share will climb at least 8%.

Organizations: Pepsi, Brooklyn borough New, PepsiCo, Quaker, LSEG, Gatorade, North, Quaker Food, Quaker Oats, Frito, Lay Locations: Flatbush, Brooklyn borough, Brooklyn borough New York City, Quaker, America, U.S, Asia Pacific, Australia, New Zealand, China, Europe

☆ Photographer Nona Faustine’s series “White Shoes” reveals New York’s role in the transatlantic slave trade
▼ + stars: | 2024-04-02 | by ( Briana Ellis-Gibbs | ) edition.cnn.com time to read: +8 min

She began the body of work from which “White Shoes” is drawn during graduate studies at the International Center of Photography (ICP) program at Bard College. Nona Faustine/Courtesy Brooklyn MuseumFor centuries, New York City played a significant role in the enslavement of Black people. By 1730, forty-two percent of White households in the city enslaved Black people — the second-largest percentage of household slave ownership, after Charleston, South Carolina, in the United States. A tiara is balanced on her head, representing Western royalty and the dehumanizing ways White people treated enslaved Black women. Faustine's "White Shoes" exhibition at the Brooklyn Museum opens with her 2012 shot "Venus of Vlacke Bos," (far left).

Persons: Nona Faustine, Faustine, ” Faustine, ”, Jacob Morris, Baring, “, Vlacke Bos, Mason, Dixon, Isabelle, Saartjie, Sarah ” Baartman, it’s, Catherine Morris, Carla Forbes, Morris, I’m, Faustine —, Truth’s Organizations: CNN, Brooklyn Museum, International Center of Photography, Bard College, New York City, , New York City, Harlem Historical Society, Brooklyn —, Brooklyn, Brooklyn Museum’s, Brooklyn Borough Hall Locations: New York City, Brooklyn, York, Manhattan, New York, New Amsterdam, , New York, Harlem, Wall, Lower Manhattan, White, Charleston , South Carolina, United States, Dutch, Flatbush, Lefferts House, Prospect Park , Brooklyn, African, Europe, Chinatown, Bronx, Staten Island

☆ Top Wall Street analysts like these dividend stocks for portfolio income
▼ + stars: | 2024-03-24 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Investors seeking some stability in their portfolios may want to consider high-quality dividend stocks, especially those with a track record of steady income payments. Here are three attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. Nonetheless, PepsiCo announced a 7% hike in its annualized dividend to $5.42 per share, effective with the dividend payable in June 2024. On March 18, Morgan Stanley analyst Dara Mohsenian upgraded PepsiCo stock to buy from hold with a price target of $190. (See PepsiCo Stock Buybacks on TipRanks)

Persons: Wall, Enbridge, Robert Kwan, Kwan, TipRanks, Gerard Cassidy, Brian Moynihan, Cassidy, Morgan Stanley, Dara Mohsenian, Mohsenian Organizations: Pepsi, Brooklyn borough New, Enbridge Energy, RBC Capital, East Ohio Gas Company, Ohio Gas, Public Service Company, Dominion Energy, Dominion, Bank of America, PepsiCo, TipRanks Locations: Flatbush, Brooklyn borough, Brooklyn borough New York City, U.S, North Carolina, TipRanks

☆ H&R Block used deceptive marketing and unfairly deleted tax filer data, FTC complaint alleges
▼ + stars: | 2024-02-26 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

An H & R Block tax preparation office is seen on Flatbush Avenue on February 06, 2024 in the Prospect Heights neighborhood of Brooklyn borough in New York City. H&R Block marketed free products to many consumers who didn't qualify and made it difficult to downgrade, according to the complaint. "H&R Block allows consumers to downgrade to a less expensive DIY product via multiple mechanisms while ensuring the preparation of accurate tax returns." FTC banned 'deceptive advertising' from IntuitThis is the second FTC action against tax filing software providers in recent history. Other free tax filing optionsMeanwhile, consumers have several free tax filing options this season, including a Direct File pilot via the IRS, which will offer limited free filing for certain taxpayers in 12 states by mid-March.

Persons: Michael M, Samuel Levine, Dara Redler, Ed Mierzwinski, PIRG Organizations: Santiago, Getty, Intuit, Federal Trade Commission, Block, Consumer Protection, U.S . Public Interest Research, FTC, IRS Locations: Flatbush, Prospect Heights, Brooklyn, New York City, FTC's

☆ CNBC Daily Open: Is the final leg of inflation fight the hardest?
▼ + stars: | 2024-02-21 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Hong Kong ralliesHong Kong stocks rallied on Wednesday, while the wider region traded mixed. U.S. stocks tumbled overnight, dragged lower by a 4.4% drop in Nvidia shares ahead of the chipmaker's earnings report. Pros say that exposure can come from real estate investment trusts and picked 5 REITS that are in play.

Persons: Pina, Dow, Noel Quinn, Nikesh Arora, Andrew Amoils Organizations: CNBC, CSI, Nvidia, Nasdaq, HSBC, Palo, Palo Alto Networks, New Locations: Brooklyn, New York, Hong Kong, U.S, Vietnam

☆ Car repairs are getting more expensive. Here's why
▼ + stars: | 2024-02-11 | by ( Robert Ferris | In | ) www.cnbc.com time to read: +4 min

Your eyes aren't fooling you — your car repair bill really is getting more expensive. Repair costs are rising relative to the overall rate of inflation. Motor vehicle maintenance and repair costs increased 4.1% per year from November 2013 to November 2023, compared with just 2.8% for the overall consumer price index. Meanwhile, talent to repair cars is scarce. Many in the auto space think costs can't continue to rise at these rates.

Persons: David Goldsmith, Mitchell, hasn't, Matt Moore, Goldsmith, Ryan Mandell, Mandell, Alan Amici Organizations: Urban, Data, Insurance Institute for Highway, Mitchell, Technicians, Center for Automotive Research Locations: Brooklyn, New York City, U.S

Walt Disney 's ESPN, Fox and Warner Bros. Disney, Fox and Warner Bros. It will consist of all the broadcast and cable networks owned by Disney, Fox and Warner Bros. Warner Bros. Fox will include the Fox broadcast station along with FS1, FS2 and BTN.

Persons: Walt Disney, Max Organizations: Disney, ESPN, Fox, Warner Bros, ESPN2, ABC, TNT, TBS Locations: Brooklyn, New York

☆ Crypto entrepreneur charged with defrauding investors out of $150 million through marketing scheme
▼ + stars: | 2024-01-19 | by ( Alex Koller | ) www.cnbc.com time to read: +2 min

Federal prosecutors on Friday announced charges against a German businessman, alleging he scammed investors out of more than $150 million in a crypto fraud scheme. But in actuality, Jicha and two unnamed co-conspirators, both USI Tech executives, lured and defrauded investors in a "multilevel marketing scheme," prosecutors allege. Around the spring of 2017, Jicha and his co-conspirators began "aggressively promoting" USI Tech, prosecutors said. In 2018, as regulators began scrutinizing USI Tech, prosecutors alleged that Jicha terminated the company's U.S. operations, preventing investors from withdrawing their money. Since then, around $150 million of that money has been transferred to accounts controlled by Jicha, prosecutors said Friday.

Persons: Prosecutors, Horst Jicha, Jicha, Jicha's, It's, Descalzo, David Tarras Organizations: U.S, Eastern, of, USI Tech, Authorities, Prosecutors, Tech, SEC, Jicha Locations: of New York, Brooklyn, New York City, German, Miami, Valley Forge , Pennsylvania, U.S

☆ Disney+ adding Hulu integration as streaming bundles accelerate
▼ + stars: | 2023-12-06 | by ( Drew Richardson | ) www.cnbc.com time to read: 1 min

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Disney is beginning to roll out a Hulu integration on its Disney+ streaming platform in a bid to bundle subscribers. The company offers a bundle of Disney+ and Hulu, but Wednesday's release is part of a push to integrate the two platforms. Disney last month agreed to buy the remaining one-third stake in Hulu that was owned by Comcast's NBCUniversal. The Hulu integration is available to people who subscribe to the bundle, albeit in a limited form for now, according to a post on Disney's website.

Persons: Comcast's NBCUniversal Organizations: Disney Locations: Brooklyn, New York, Hulu

☆ On ChatGPT's one-year anniversary, it has more than 1.7 billion users—here's what it may do next
▼ + stars: | 2023-11-30 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

Nov. 30 marks ChatGPT's one-year anniversary, and quite a lot has changed since the popular AI chatbot debuted. As the ways people utilize the AI chatbot have changed, the technology itself has evolved too. Now, users are able to subscribe to ChatGPT Plus, which provides access to OpenAI's most up-to-date AI chatbot, ChatGPT-4. In February, Google announced its own AI chatbot called Bard. In November, Amazon unveiled its AI chatbot, Q.

Persons: chatbot, OpenAI, Greg Brockman, ChatGPT, Sam Altman, Altman, It's, What's Organizations: UBS, Microsoft, Google, YouTube, Amazon Locations: Brooklyn, New York, ChatGPT

☆ AI tools such as ChatGPT are generating a mammoth increase in malicious phishing emails
▼ + stars: | 2023-11-28 | by ( Bob Violino | ) www.cnbc.com time to read: +6 min

"It is not a coincidence that the launch of ChatGPT at the end of last year coincides with the timeframe in which we saw exponential growth of malicious phishing emails," Harr said. On average, 31,000 phishing attacks were sent on a daily basis, according to the research. Since the fourth quarter of 2022, there's been a 1,265% increase in malicious phishing emails , and a 967% rise in credential phishing in particular, according to a new report by cybersecurity firm SlashNext. Another reason for such a high increase in phishing attacks is because they are working, Harr said. Another good practice is to implement email filtering tools that use machine learning and AI to detect and block phishing emails.

Persons: Harr, Patrick Harr, there's, Chris Steffen, Prince of, Steffen Organizations: BEC, Enterprise Management Associates Locations: Brooklyn, New York, American, Prince of Nigeria

NEW YORK (AP) — New York City Mayor Eric Adams has been accused of sexually assaulting a woman in 1993, according to a legal summons filed Wednesday. The three-page filing does not contain details of the alleged assault but names Adams, the transit bureau of the New York Police Department and the New York Police Department Guardians Association as defendants. “Plaintiff was sexually assaulted by Defendant Eric Adams in New York, New York in 1993 while they both worked for the City of New York,” the summons reads. In a statement, a City Hall spokesman said “The mayor does not know who this person is. Adams, a Democrat, was a New York City police officer who rose to the rank of captain before entering politics.

Persons: Eric Adams, Adams, Plaintiff Organizations: —, — New York City, New York Police Department, New York Police Department Guardians Association, City, Democrat Locations: — New York, New York , New York, City of New York, Manhattan, York, New York City, Brooklyn

☆ New York City Mayor Eric Adams accused of 1993 sexual assault in legal filing
▼ + stars: | 2023-11-23 | by ( ) www.cnbc.com time to read: +2 min

New York City Mayor Eric Adams has been accused of sexually assaulting a woman in 1993, according to a legal summons filed Wednesday. The three-page filing does not contain details of the alleged assault but names Adams, the transit bureau of the New York Police Department and the New York Police Department Guardians Association as defendants. "Plaintiff was sexually assaulted by Defendant Eric Adams in New York, New York in 1993 while they both worked for the City of New York," the summons reads. In a statement, a City Hall spokesman said: "The mayor does not know who this person is. Adams, a Democrat, was a New York City police officer who rose to the rank of captain before entering politics.

Persons: Eric Adams, Adams, Plaintiff, Donald Trump, Sean, Diddy, Combs, Russell Brand Organizations: York City, New York Police Department, New York Police Department Guardians Association, City, Democrat, The New York Times, New, New York Post Locations: York, New York , New York, City of New York, Manhattan, New York City, Brooklyn, New York, Turkey

☆ OpenAI had a confusing week. Who came out on top? And who lost out?
▼ + stars: | 2023-11-22 | by ( Brian Fung | ) edition.cnn.com time to read: +6 min

But in other ways, the agreement is still a watershed moment for OpenAI and the artificial intelligence field writ large. Who came out on topSam Altman: A clear winner in the whole debacle is, of course, Altman himself. With some of the apparent architects of Altman’s ouster being pushed out themselves, a casualty of the affair may be the perspectives that those board members espoused. Emmett Shear, whom the board named OpenAI’s interim CEO for all of two days, has also expressed similar worries. In the fallout of the leadership crisis, some have argued that the outcome is also a defeat for effective altruism, the movement with which some OpenAI board members are said to be affiliated.

Persons: Sam Altman, Altman, bungled, that’s, Satya Nadella, OpenAI, Nadella, we’re, ” Nadella, Bret Taylor, Larry Summers, Nathan Laine, Hollie Adams, Taylor isn’t, He’s, Elon Musk, Summers, Who, OpenAI’s, Gabby Jones, Emmett Shear Organizations: CNN, Microsoft, Bloomberg, Getty, Facebook, Twitter, Harvard University Locations: OpenAI, Brooklyn, New York

☆ Kohl's misses quarterly sales estimates as customers cut back spending
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +1 min

The Kohl’s label is seen on a shopping cart in a Kohl’s department store in the Brooklyn borough of New York, U.S., January 25, 2022. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 21 (Reuters) - Kohl's on Tuesday posted a bigger than expected drop in quarterly sales, as customers spent less dollars at its department stores amid persistently high inflation. Its comparable sales decreased by 5.5% in the third quarter, compared with analysts' estimate for a 3% fall, according to LSEG data. Inventories were down 13% in the quarter, the third straight quarter of decline. Reporting by Granth Vanaik in Bengaluru; Editing by Milla NissiOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, Kohl's, Granth, Milla Nissi Organizations: REUTERS, Thomson Locations: Brooklyn, New York, U.S, Falls , Wisconsin, Bengaluru

The coordinated raids were the first public sign of a broad corruption investigation into the mayor’s 2021 campaign. and federal prosecutors in Manhattan are examining whether the Turkish government conspired with Mr. Adams’s campaign to funnel foreign donations into campaign coffers and whether Mr. Adams pressured Fire Department officials to sign off on a new high-rise Turkish consulate despite safety concerns. Both Ms. Abbasova and Mr. Öcal have ties to Turkey. She was Mr. Adams’s longtime liaison to the Turkish community when he served as Brooklyn borough president; he was the general manager of the New York office of Turkish Airlines until early last year. Ms. Abbasova, Mr. Öcal, Ms. Suggs and Mr. Adams have not been accused of wrongdoing.

Persons: Eric Adams’s, Brianna Suggs, Rana Abbasova, Cenk, Adams, Abbasova, Öcal, Adams’s, Suggs Organizations: Turkish Airlines, Fire Department, New Locations: Turkey, New Jersey, Manhattan, Turkish, Brooklyn, New York

☆ Eric Adams’s Turkey Ties: Travel, Donations and a Meeting With Erdogan
▼ + stars: | 2023-11-14 | by ( Emma G. Fitzsimmons | More About Emma G. Fitzsimmons | ) www.nytimes.com time to read: +1 min

A major federal corruption investigation into Mayor Eric Adams’s fund-raising is examining whether his campaign conspired with members of the Turkish government to receive illegal donations. Mr. Adams, a Democrat in his second year in office, has longstanding ties to Turkey. The mayor has said that he met the Turkish president, Recep Tayyip Erdogan, when he was Brooklyn borough president, and that he has visited the country at least six times. Federal authorities raided the home of Mr. Adams’s chief fund-raiser on Nov. 2, and then seized at least two cellphones and an iPad from Mr. Adams himself. Mr. Adams has defended his links to Turkey, arguing that they were part of his outreach to immigrant communities that have not always received attention from City Hall.

Persons: Eric Adams’s, Adams, Recep Tayyip Erdogan, Adams’s Organizations: Democrat, Turkish, Federal, City Hall Locations: Turkey, Turkish, Brooklyn, Manhattan

Mr. Adams already had a long-running relationship with the Turkish consulate general, which paid for part of his trip to Turkey while he was Brooklyn borough president in 2015, according to a public filing. The warrant to search the home of Mr. Adams’s 25-year-old fund-raiser, Brianna Suggs, indicated that the investigation was examining the role of KSK Construction, a Brooklyn building company owned by Turkish immigrants that organized a fund-raising event for Mr. Adams on May 7, 2021. On that day, 48 donors, including the company’s owners, employees and their families, along with others in the construction and real estate industries, donated $43,600, Mr. Adams’s campaign reports show. Mr. Adams’s campaign filings do not specify which donations were made through the fund-raising event. Neither Mr. Adams nor his campaign has been accused of wrongdoing, and no charges are publicly known to have been filed in connection with the investigation.

Persons: Adams, York City’s, Adams’s, Brianna Suggs, Suggs Organizations: Fire Department, Mr, Democratic Locations: Brooklyn, Manhattan, York, Turkish, Turkey

☆ FBI seizes New York City Mayor Eric Adams’ phones as part of federal investigation into fundraising
▼ + stars: | 2023-11-10 | by ( Kara Scannell | Gloria Pazmino | ) edition.cnn.com time to read: +4 min

CNN —FBI agents seized the cell phones of New York City Mayor Eric Adams as part of a federal investigation into campaign fundraising, a person familiar with the matter told CNN on Friday. The agents seized the phones and an iPad earlier this week pursuant to a court authorized search warrant, the person said. The seizure is a dramatic escalation of the federal probe into whether foreign money was funneled to his campaign, bringing it directly to the mayor, a Democrat. The investigation is being handled by the FBI and the US attorney’s office for the Southern District of New York. “The mayor has not been accused of any wrongdoing and continues to cooperate with the investigation,” he added.

Persons: Eric Adams, Adams, Adams ’, “, ” Adams, Boyd Johnson, ” Johnson, ”, Brianna Suggs, –, Sen, Bob Menendez, Menendez, CNN’s John Miller, Paul P, Murphy, Jeff Winter, Mark Morales Organizations: CNN, FBI, New, New York City, Democrat, US, Southern, of, New York Times, Brooklyn, Turkish, New Jersey Democrat Locations: New York, of New York, Turkey, Brooklyn, New, Turkish, Lower Manhattan, Üsküdar, New Jersey

☆ FBI agents seized New York mayor's electronic devices
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Karen Toro/File Photo Acquire Licensing RightsNEW YORK, Nov 10 (Reuters) - FBI agents seized electronic devices from New York City Mayor Eric Adams earlier this week, days after a raid on the home of his chief campaign fundraiser, according to an attorney for the mayor's campaign. Boyd Johnson, an attorney for Adams' campaign, confirmed on Friday that Adams had provided the FBI with electronic devices after agents approached the mayor following an event on Monday night. Johnson said the FBI requested the devices after Adams informed investigators of impropriety by an unidentified individual. The devices seized from the mayor - at least two cellphones and an iPad - were returned within a matter of days, the Times said. Adams' 2025 election campaign has paid Suggs's consulting firm, Suggs Solutions, about $98,000 so far, public records show.

Persons: Eric Adams, Gustavo Manrique, Karen Toro, Boyd Johnson, Adams, Johnson, Brianna Suggs, Attorney Alvin Bragg, Suggs, Julia Harte, Jasper Ward, Diane Craft Organizations: York City, Ecuadorian, Foreign Affairs, Human, REUTERS, FBI, New York City, New York Times, Times, Attorney, Suggs Solutions, New York Daily News, Democrat, U.S, Thomson Locations: York, Quito, Ecuador, New York, Brooklyn, Manhattan, Washington

“It would really shock me if someone that was hired by my campaign did something that’s inappropriate,” Adams said, flanked by eight of his top deputies in City Hall. Lisa Zornberg, chief counsel at City Hall, confirmed the Adams administration was also in touch with federal prosecutors in Manhattan about the matter, though she declined to go into detail about their communications. A spokesperson for Adams’ campaign previously said they had not been contacted about the raid. Brendan McGuire, the attorney hired to represent Adams, also not respond to an inquiry. I just strongly believe you have to follow the law.”Nicholas Biase, a spokesperson for the federal prosecutor’s office in Manhattan, declined to comment.

Persons: Eric Adams, ” Adams, “, ”, WilmerHale, Lisa Zornberg, Adams, Brianna Suggs, Suggs, I’m, ” Suggs, Brendan McGuire, ‘, ’ ”, ” Nicholas Biase Organizations: City Hall, New York Times, FBI, Brooklyn, Brooklyn Borough Hall, “ Locations: City Hall, Manhattan

New York (AP) — New York City Mayor Eric Adams denied any involvement in illegal political fundraising Friday, but his campaign pledged it would review its books, a day after federal agents raided the home of one of the Democrat's chief fundraisers. “I am outraged and angry if anyone attempted to use the campaign to manipulate our democracy and defraud our campaign," Adams said in a statement on Friday. Political Cartoons View All 1234 Images“I want to be clear, I have no knowledge, direct or otherwise, of any improper fundraising activity — and certainly not of any foreign money,” Adams said. Four construction officials were charged in the scheme, as was a former NYPD commander who had known the mayor for decades. “But it should always be a concern when the Department of Justice is investigating any aspect of your campaign.”

Persons: Eric Adams, “, Adams, Vito Pitta, Brianna Suggs, ” Adams, Suggs, Attorney Alvin Bragg, Eric Ulrich, ”, Carrie Cohen Organizations: —, — New York City, White, New York Times, KSK, Washington , D.C, Associated Press, Attorney, NYPD, Department of Justice Locations: York, — New York, Brooklyn, Washington, New York, U.S, Manhattan, Turkey, Washington ,, Turkish

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