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☆ Here are the perks Trump's top donors would receive during the Republican National Convention
▼ + stars: | 2024-05-16 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

ANAHEIM, CALIFORNIA - SEPTEMBER 29: Former U.S. President Donald Trump Former U.S. President Donald Trump speaks at the California GOP convention on September 29, 2023 in Anaheim, California. Presidential candidates set to speak at the convention include former President Donald Trump, Florida Gov. (Photo by David McNew/Getty Images)Former President Donald Trump's top donors are to be rewarded for supporting him while they attend the Republican National Convention in July, according to new documents reviewed by CNBC. A fundraising committee called Trump 47 is offering its donors "major investor convention benefits," according to a pamphlet. The document lists convention rewards for Trump 47 Committee donors who either raise up to $2.5 million or personally give between $24,000 and $844,600.

Persons: Donald Trump, Ron DeSantis, South Carolina Sen, Tim Scott, Vivek Ramaswamy, David McNew, Donald Trump's, Trump, Harley, Jeffrey Sprecher, Sen, Kelly Loeffler, Robert Mercer, Linda McMahon, Woody Johnson Organizations: U.S, Donald Trump Former U.S, California GOP, Florida Gov, Republican National Convention, CNBC, Trump, Republican National Committee, Republican, Donors, Fiserv, Davidson, Republicans, RNC, Intercontinental Exchange, Renaissance Technologies, Small Business Administration, New York Jets Locations: ANAHEIM, CALIFORNIA, California, Anaheim , California, Florida, South Carolina, Milwaukee

☆ These 16 House Democrats voted to force Biden to deliver withheld aid to Israel
▼ + stars: | 2024-05-16 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Read preview16 House Democrats on Thursday voted for a bill designed to force President Joe Biden to provide all military aid to Israel — or risk the defunding of crucial national security-related offices. AdvertisementRepublicans in particular have sought to hit Biden for that move, including Rep. Cory Mills of Florida, a Republican who voted against Israel aid but has now introduced articles of impeachment against Biden for withholding that aid. AdvertisementSince October 7, the House has taken a variety of Israel-related votes that have split House Democrats, including one that equated anti-Zionism with antisemitism and another that was designed to crack down on campus antisemitism but faced free speech-related criticism. Last month, 37 House Democrats voted against a bill to provide the military aid to Israel that Biden is now partially withholding. Here are the 16 House Democrats who voted for the bill:

Persons: —, Joe Biden, Israel —, Thomas Massie of, Marjorie Taylor Greene, Warren Davidson, Ohio —, Biden, Cory Mills, I'm, nothing's, Jared Golden of, Greg Landsman, Ohio Organizations: Service, Democrats, Business, Republicans, Democratic, Republican, Department, Pentagon, Defense, State, National Security Council, White, . Jewish Democrats Locations: Thomas Massie of Kentucky, Marjorie Taylor Greene of Georgia, Ohio, Israel, Rafah, Gaza, Cory Mills of Florida, Jared Golden of Maine

☆ These Dow stocks are cheap and have more upside as index reaches key milestone
▼ + stars: | 2024-05-16 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

The Dow Jones Industrial Average reached the 40,000 milestone level , but investors can still find inexpensive growth opportunities in the index. Shares currently have a forward P/E of 12.6, versus the stock's average five-year P/E of 17.8. The consensus price target on the stock indicates 14.2% upside from Wednesday's close. The stock's current forward P/E is at 27.6, slightly lower than its 5-year average of 32.1. Shares are trading at a 25.3 forward P/E ratio, relative to the 28.2 five-year average P/E ratio.

Persons: Dow, Piper Sandler, DA Davidson, Johnson, McDonald's, —, Fred Imbert Organizations: Dow Jones, CNBC, Deutsche Bank, Amazon, Dow, Chevron, Exxon, Hess, Visa, Walmart, Management, Verizon, Johnson Locations: headwinds, Guyana

☆ Nvidia's rally will run out of steam next year as the chip giant's customers become competitors, analyst says
▼ + stars: | 2024-05-15 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The DA Davidson analyst has predicted as much as a 20% decline in Nvidia stock by the end of the year. Nvidia's largest customers could turn into competition as they develop their own AI chips, Luria warned. AdvertisementMost of Nvidia's business comes from its five largest customers, Luria said, which include Amazon, Meta, Microsoft, Alphabet, and Tesla. And while some of Nvidia's customers are stockpiling its GPUs, demand is bound to run out eventually, Luria previously told Bloomberg, as firms can only accumulate so many chips. AdvertisementLuria has among few forecasters who are bearish on Nvidia stock.

Persons: Gil Luria, Davidson, Luria, —, BNN, That's Organizations: Service, Nvidia, BNN Bloomberg, Meta, Microsoft, Tesla, Apple, Bloomberg

☆ Here are Wednesday's biggest analyst calls: Nvidia, Netflix, Dell, GM, SunPower, Alphabet, Nio, Tesla, Exxon & more
▼ + stars: | 2024-05-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are the biggest calls on Wall Street on Wednesday: UBS reiterates Nvidia as buy UBS said it's standing by its buy rating heading into Nvidia earnings next week. Wells Fargo names Natera a top pick Wells said the fertilizer company is a new top pick at the firm. Morgan Stanley resumes Exxon as overweight Morgan Stanley resumed coverage of the stock and says it has "attractive growth at a compelling valuation." Morgan Stanley reiterates Palo Alto as overweight Morgan Stanley said it's bullish on shares of Palo Alto heading into earnings next week. Morgan Stanley names Dell a top pick Morga Stanley raised its price target on the stock and says it remains a best idea.

Persons: it's, Cantor Fitzgerald, Tesla, Canto, Tesla's, Wells, CTVA, KeyBanc, TD Cowen, Janus Henderson, Morgan Stanley, Palo, Bernstein, Mills, Campbell, underperform Bernstein, Wolfe, SunPower, Dell, Morga Stanley, Stephens, Truist, Oppenheimer, Will, DA Davidson Organizations: UBS, Nvidia, " Bank of America, Bank of America, Alphabet's, Google, JPMorgan, China, Deutsche Bank downgrades, Deutsche, Fair, Six, Sciences, NTR, Netflix, Energy, Palo Alto, Palo, Food, Tech, Barclays, General Motors, Holdings, ALC, Apple, Apple's Worldwide Developer's Conference, Will Apple, Walmart, D.A Locations: OW, Palo Alto, U.S

☆ Live Updates: Cohen Will Continue Testifying at Trump Trial After Steady Turn on Stand
▼ + stars: | 2024-05-14 | by ( Michael Wilson | ) www.nytimes.com time to read: +5 min

Mr. Cohen said that, according to Mr. Trump, she recommended calling it “locker-room talk” to explain it away. Mr. Cohen brought many of those moments to life, describing Mr. Trump’s micromanagement and his campaign’s panic after the release of the “Access Hollywood” tape. Mr. Cohen also bolstered testimony by David Pecker, the former National Enquirer publisher, establishing a deal to suppress unflattering stories about Mr. Trump. “Once I received the money back from Mr. Trump, I would deposit it and no one would be the wiser,” Mr. Cohen said. He also held a news conference blasting Democrats, whom he and Mr. Trump blame for the case, and Mr. Cohen.

Persons: Michael D, Cohen, Donald J, Trump’s, ”, Stormy Daniels, Trump, Daniels, Melania, “, Todd Heisler, ” Mr, Karen McDougal, ” Cohen, Mr, Trump’s micromanagement, David Pecker, Keith Davidson, Daniels’s, ‘, ’, Allen Weisselberg, J.D, Vance of, Vance, Rick Scott of, Ken Paxton, Tommy Tuberville, Michael Cohen, — Organizations: ., New York Times, Playboy, National Enquirer, Republican, Prosecutors Locations: Manhattan, Lower Manhattan, Vance of Ohio, Rick Scott of Florida, Texas, Alabama

☆ The biggest bombshells from Michael Cohen's testimony were all in Trump's own words
▼ + stars: | 2024-05-13 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +11 min

But in his under-oath testimony for Trump's criminal trial Monday, Cohen placed Trump firmly in the room where it happened. AdvertisementIn 2015, Trump told Cohen he would run for president. When Cohen told Trump about it, his response was, "She's really beautiful," Cohen said. According to Cohen, Trump's goal was to postpone the payment until after the November 2016 election, at which point he didn't think it would matter. "I used quite a few expletives," complaining to Weisselberg, Cohen told jurors.

Persons: —, Michael Cohen, Stormy Daniels, Donald Trump's, Cohen, Trump, Trump's, Daniels, Karen McDougal, Donald Trump, Jon Kopaloff, Curtis Means, Steve Granitz, " Cohen, David Pecker, Hillary Clinton, Ted Cruz's, Lee Harvey Oswald, Marco Rubio, Pecker, Melania Trump, — Cohen, TheDirty.com, Keith Davidson, Allen Weisselberg, Brendan McDermid, didn't, Weisselberg, Cohen he'd, Allen, Michael, stiffed, Susan Hoffinger Organizations: Service, Business, Trump, American Media Inc, National Enquirer, AMI, Republican, Washington Post, Manhattan Criminal Court, Reuters, Trump Organization Locations: Manhattan, Trump, Mar, Florida

Cohen’s testimony ties together the prosecution’s allegations that Trump broke the law by falsifying business records to reimburse Cohen and conceal the hush money payment that Cohen said he made at Trump’s direction. Cohen described his conversations with Trump during the Daniels hush money negotiations, which prosecutors backed up using Cohen’s phone records to show when the two had spoken. Trump,” Cohen said. “Reimbursement of my money,” Cohen said. They joined Trump for the high-profile Cohen testimony, sitting in the gallery behind the former president at the defendant’s table.

Persons: CNN — Michael Cohen, Donald Trump, Stormy Daniels, Trump, Cohen, Daniels, Susan Hoffinger, Todd Blanche, perjurer, David Pecker, Keith Davidson, Karen McDougal, Pecker, Davidson, Dylan Howard, Hope Hicks, “, ” Cohen, ”, Hoffinger, ” Hoffinger, “ Mr, Michael Cohen's, Melania, CNN “, Trump’s, reimbursements Cohen, Allen Weisselberg, Weisselberg, “ David Dennison ”, Peggy Peterson ”, would’ve, ” –, McDougal, glanced, Hicks, Madeleine Westerhout, Cohen’s, wasn’t, Juan Merchan’s, Eric Trump, Susie Wiles, Sen, Rick Scott, J.D, Vance of Ohio, Tommy Tuberville, Nicole Malliotakis, Alina Habba Organizations: CNN, Trump, National Enquirer, Melania Trump, New York, Republican Locations: Yom Kippur, –, Trump, Cohen’s, Republic, Manhattan, Florida, Alabama, Staten, Iowa

“It was Michael Cohen,” Davidson responded. Cohen is the only witness who will testify about Trump’s alleged involvement in both the decision to pay Daniels and the plan to reimburse Cohen for advancing the money. Prosecutors allege that during the February meeting, Trump and Cohen agreed how Cohen would be paid back. Arguably the most negative assessment of Cohen came from Davidson, who negotiated the hush money deal with Cohen on Daniels’ behalf in 2016. “There were times where Mr. Cohen did things that you felt were not helpful to what you were trying to accomplish, right?” Bove asked Trump’s 2016 campaign press secretary.

Persons: Michael Cohen, Donald Trump’s, Cohen, Stormy Daniels, David Pecker, Hope Hicks, “, Daniels, Keith Davidson, Daniels ’, Gina Rodriguez –, “ Gina, Keith, ’ ” Davidson, ”, Joshua Steinglass, ” Davidson, Trump, Trump’s, Pecker, ” Steinglass, Todd Blanche, Elie Honig, Cohen’s, antagonizing Trump, Juan Merchan, Merchan, Cohen ’, Emil Bove, ” Pecker, Bove, Gary Farro, ” Farro, Davidson, ” Cohen, Christ, I’m, I’ve, ’ ”, Jeff McConney, ” McConney, Matthew Colangelo, Hicks, –, ” Bove, ” Hicks Organizations: CNN, Trump, National Enquirer, American Media Inc, Prosecutors, Office, Daniels, Trump Organization Locations: Manhattan, Trump’s New York, Moscow, thedirty.com, Washington

☆ Warren Buffett's selling stocks like Apple as he sees trouble ahead — but he'll spend if markets crash: elite strategist
▼ + stars: | 2024-05-12 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWarren Buffett is cashing in stocks like Apple because he knows the good times won't last — but he'll spend big once disaster strikes, a veteran strategist says. AdvertisementThe conglomerate's disposals fueled a $21 billion increase in its stack of cash and Treasurys to a record $189 billion. Related storiesDietrich underscored that as a value investor, Buffett prizes underpriced assets and avoids expensive ones. Apple, which remains Buffett's largest stock holding by far, has more than tripled in value since he finished building the position in 2018.

Persons: —, Warren Buffett, Paul Dietrich, Riley Wealth, Buffett, Dietrich, He's, Jeff Bezos, Jamie Dimon, Meta's Mark Zuckerberg, he'll, Goldman Sachs, Davidson Organizations: Service, Apple, Business, Berkshire Hathaway, Berkshire, Walmart, downturns, Electric, Dow Chemical Locations: Berkshire

☆ Opinion: Michael Cohen has lied. Here’s why the Trump jury can believe him
▼ + stars: | 2024-05-12 | by ( Opinion Norman Eisen | ) edition.cnn.com time to read: +9 min

Pecker explained that for the scheme to further benefit Trump’s campaign, he later set in motion the hush money payment to Stormy Daniels. Trump claimed Cohen made the payment on his own and not at Trump’s direction, but Hicks did not believe him. He testified that he was under the belief that Cohen needed Trump’s approval to wire any funds and that Trump was the source. Former Trump Organization accountant Deborah Tarasoff also told the jury that Trump was directly involved in reimbursing Cohen. She spoke at length about how Trump continued to focus on personal and Trump Organization business minutiae while in the White House.

Persons: Norman Eisen, “, Donald Trump, CNN — Michael Cohen, Trump, Cohen, Stormy Daniels, Norm Eisen, Daniels, David Pecker, Pecker, Hope Hicks, ” Hicks, Hicks, Allen Weisselberg, ” Trump, Weisselberg, Keith Davidson, Davidson, Deborah Tarasoff, reimbursing Cohen, Tarasoff, Donald J, Eric Trump, Reimbursing Cohen Cohen, Trump’s, Jeffrey McConney, I’ve, ” McConney, Madeleine Westerhout, Westerhout, Sally Franklin, ” Organizations: CNN, Trump, American Media, National Enquirer, Trump Organization, Trump Revocable Trust, White House, White, Twitter, Facebook, Random, “ Trump, The Trump Organization Locations: Trump’s Manhattan, Manhattan, Trump, “

Here are the takeaways from day 15 of the Trump hush money trial:Cohen is on deckCohen is expected to take the stand Monday, putting him face-to-face with his former boss. With Cohen’s testimony implicating Trump, however, comes all of the baggage that accompanies the former president’s longtime fixer. Judge to Cohen: Please stop talkingAhead of Cohen’s expected testimony, Trump attorney Todd Blanche urged Judge Juan Merchan to order Cohen to stop talking about the trial and Trump. Video Ad Feedback Pollster: Trump's trial won't affect votes in November 03:46 - Source: CNNMerchan has already said he cannot gag witnesses in the case. Prosecutors introduce key text and call records into evidenceAfter Westerhout left the stand, prosecutors spent the rest of the day calling a series of custodial witnesses to introduce cell phone records into evidence.

Persons: Donald Trump’s, Michael Cohen, Trump’s, Stormy Daniels, Trump, Cohen, Daniels, He’s, Alvin Bragg’s, Cohen’s, Todd Blanche, Judge Juan Merchan, Blanche, ” Blanche, Joshua Steinglass, ”, CNN Merchan, Merchan, “, ” Cohen, White, Madeleine Westerhout, Susan Necheles, Westerhout, didn’t, ” Westerhout, she’d, Allen Weisselberg, ” Necheles, she’s “, Weisselberg, Cohen reimbursements, Stormy Daniels ’, Gina Rodriguez, Dylan Howard, Howard, Rodriguez, David Pecker, “ We’re, ” Rodriguez texted Howard, “ Keith, Davidson, ” Howard, ” Rodriguez, Steinglass, ” Merchan, wasn’t Organizations: CNN, White, Prosecutors, Trump, Manhattan, White House, Trump Org ., National Enquirer, American Media Inc, Trump Org Locations: Manhattan

While he pulled back his price target to $26 from $32, the new target still indicates shares surging 126% from Wednesday's close. Fox's fiscal third quarter results came above Rief Ehrlich's expectations, which she noted were encouraging "amid a difficult linear advertising environment." — Fred Imbert 5:50 a.m.: Wall Street on the sidelines for Airbnb Airbnb's weaker-than-expected forward guidance has analysts worried about the company's growth outlook. Post pulled back his price target by $8 to $160, just 1.3% above where shares closed on Wednesday. Meanwhile, analyst Eric Sheridan moved his price target slightly higher to $130 from $123, suggesting around 18% downside.

Persons: Raymond James ., Jefferies, Dushyant Ailani, Ailani, — Hakyung Kim, Jessica Reif Ehrlich, … Fox, Davidson downgrades, Davidson, Tom White, Tripadvisor, we'd, White, Hakyung Kim, Raymond James Cheesecake Factory, Raymond James, Brian Vaccaro, Vaccaro, Andrew Boone, Shopify, Boone, Fred Imbert, Airbnb, LSEG, Morgan Stanley, Brian Nowak, Nowak, Bank of America's Justin Post, Post, Goldman Sachs, Eric Sheridan Organizations: CNBC, JPM Securities, Cheesecake, Bank of America, Fox, Media, of America, …, Factory, Cheesecake Factory, JMP Securities, Bank of America's Locations: Wednesday's, 2H24

☆ Here are Thursday's biggest analyst calls: Apple, Sunrun, Costco, Arm, Fox, Robinhood, Airbnb & more
▼ + stars: | 2024-05-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Goldman Sachs reiterates Sunrun as buy Goldman said it's sticking with its buy rating following earnings on Wednesday. " JPMorgan reiterates SolarEdge as overweight JPMorgan said it's sticking with its overweight rating following earnings on Wednesday. " Citi reiterates Airbnb as buy Citi said it's standing by its buy rating on shares of Airbnb following earnings on Wednesday. JPMorgan reiterates Instacart as overweight JPMorgan said it's sticking with its overweight rating on shares of Instacart following earnings on Wednesday. Bank of America reiterates Apple as buy Bank of America said it's sticking with its buy rating following data showing App Store strength.

Persons: Goldman Sachs, Sunrun, Goldman, JPMorgan, SEDG, Shopify, Redburn, Mizuho, Robinhood, Airbnb, Davidson downgrades TripAdvisor, Raymond James, Fox, Cantor Fitzgerald, Cantor, EVGO, it's, Wolfe, Skyworks, SWKS, we're Organizations: JPMorgan, Bloomberg, Holdings, Deutsche Bank, Emerson, Deutsche, Citi, Bank of America, Fox, of America, Solutions, Barclays, UBS, Costco, Apple Locations: EBITDA

Firefighter Anthony Martinez rates depictions of fires and firefighting scenes in movies and TV shows. He breaks down how a real back draft works in "Backdraft," starring Kurt Russell and Robert De Niro. He explains fire safety in supertall buildings as seen in "Skyscraper," starring Dwayne "The Rock" Johnson; and "The Towering Inferno," starring Steve McQueen, Paul Newman, and Faye Dunaway. He analyzes how vehicle fires are portrayed in "Crash," starring Matt Dillon, Thandiwe Newton, and Sandra Bullock. Finally, he examines the house fires in "End of Watch," starring Jake Gyllenhaal and Michael Peña; and "Ladder 49," starring John Travolta and Joaquin Phoenix.

Persons: Anthony Martinez, Tobey Maguire, Kirsten Dunst, Willem Dafoe, Pete Davidson, Bill Burr, Steve Buscemi, Kurt Russell, Robert De Niro, Dwayne, Johnson, Steve McQueen, Paul Newman, Faye Dunaway, Chuck, Larry, Adam Sandler, Kevin James, Matt Dillon, Thandiwe Newton, Sandra Bullock, Jake Gyllenhaal, Michael Peña, John Travolta, Joaquin Phoenix Organizations: Business Locations: Staten Island

Ms. Daniels could take the stand to testify against Mr. Trump as early as this week. Her presence would let Mr. Trump’s defense lawyers attack Ms. Daniels as an extortionist and question her credibility. Nor can she testify about the plan for Mr. Trump to hide his reimbursements to Mr. Cohen by characterizing them as legal fees. Mr. Trump’s lawyers contend that he did not know that the checks he signed for Mr. Cohen were not for legal fees, and that Mr. Cohen and Mr. Trump’s employees were responsible for any false records. “He has never thought that the little man, or especially women, and even more, women like me, matter,” Ms. Daniels said.

Persons: Donald J, Trump, Stormy Daniels, Daniels, Alvin L, Bragg, Trump’s, Michael Bachner, Bachner, Dave Sanders, Stephanie Clifford, Barrett, “ I’m, Donald Trump, ” Ms, Norm, ”, Peacock, J., r. “ Organizations: Mr, The New York Times Locations: Manhattan, New York City, Baton Rouge, La, Texas, Florida, New York

☆ I lived in Cuba for 20 years. Moving back to the US has me questioning the meaning of 'home.'
▼ + stars: | 2024-05-07 | by ( Conner Gorry | ) www.businessinsider.com time to read: +6 min

After living there for 20 years, she saw herself as an immigrant, rather than an expat. I'm in the toothpaste aisle at Target, dumbfounded by a selection that runs several shelves long and as many high. After more than 20 years in Cuba, where Close-Up and La Perla were the only choices for most of that time, I'm overwhelmed by the number of options. In Cuba, moreover, women have full autonomy over their bodies, which I feel is the only way it should be. Comfort food, like a juicy hamburger, is one of the great things about living back in the US.

Persons: Conner Gorry, —, La Perla, Davidson Jose Salgado, Harley, Davidson, Fidel Castro, I'd, you've, I'm, doctor's, Carolyn Gorry, I've Organizations: Service, La, World Trade, Harley, Diplomats Locations: New York, Havana, Target, Cuba, Detroit, Pakistan, Haiti, —, Dijon

But some of the details Daniels described were so explicit that Judge Juan Merchan cut her off at several points. “How can we come back from this in a way that’s fair to President Trump?” Blanche challenged. “Am I correct that you hate President Trump?” Necheles asked“Yes,” Daniels said. “It’s also cost me a lot of money,” Daniels responded. “You are looking to extort money from President Trump,” Necheles asked.

Persons: Stormy Daniels, Donald Trump, Daniels, Trump, Juan Merchan, Merchan, “, Michael Cohen, Susan Necheles, ” Trump, ”, Trump “, didn’t, ” Daniels, Kaitlan Collins, Gina Rodriguez, Rodriguez, –, Peggy Peterson, David Dennison, Cohen, Jimmy Kimmel, she’s, Susan Hoffinger, Judge, Todd Blanche, Blanche, ” Blanche, CNN Hoffinger, ” Merchan, Necheles didn’t, ” Necheles, “ You’ve, Necheles, “ I’ve, “ It’s, Keith Davidson Organizations: CNN, Trump, AMI, Defense Locations: Trump’s, Las Vegas

☆ When grief and AI collide: These people are communicating with the dead
▼ + stars: | 2024-05-06 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +12 min

People have wanted to reconnect with deceased loved ones for centuries, whether they’ve visited mediums and spiritualists or leaned on services that preserve their memory. In September 2023, it introduced ChatGPT voice, where users can ask the chatbot prompts without typing. HereAfter AI, founded in 2019, allows users to create avatars of deceased loved ones. “Remembering is very important; it reflects the human condition and importance of deceased loved ones.”But she noted the relationship we have with our closest loved ones is built on authenticity. Creating an AI version of that person could for many “feel like a violation of that.”Bill Abney said he feels uneasy about communicating with his late fiancée through AI platforms.

Persons: Ana Schultz, Kyle, ”, Schultz, “, Schutz, they’ve, ” Ana Schultz, ElevenLabs, Joe Biden, Biden, ChatGPT, OpenAI, Danielle Jacobson, she’s, Phil, Cole, ” Jacobson, “ Cole, Replika, Rohit Prasad, Val Kilmer, It’s, Mary, Frances O’Connor, ‘, ’ ”, Bill Abney, Kari, ” Abney, “ I’m, Jodi Spiegel, Sims Organizations: CNN, Davidson College, Tech, Alexa, MARS, Amazon, University of Arizona Locations: Rock Falls , Illinois, Alabama, Johannesburg, South Africa, “, San Francisco, Newfoundland, Canada

☆ Trump Hush-Money Trial Sees 'Falsified' Documents at Heart of Case
▼ + stars: | 2024-05-06 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +7 min

Those witnesses, longtime Trump Organization employees Jeffrey McConney and Deborah Tarassoff, handled the checks, invoices, and other records that comprise the 34 business records the Manhattan district attorney's office alleges Trump illegally falsified. He was sentenced to five months in jail in 2022 for a Trump Organization felony payroll tax-fraud prosecution, and is now serving another five-month sentence for felony perjury in last year's Trump Organization civil fraud trial. The Trump Organization needed to reimburse Cohen for some money, McConney testified that Weissberg told him. Yet another Trump Organization employee would FedEx the checks to Trump in DC, he testified. In the afternoon, prosecutor Christopher Conroy slogged through more records with Tarasoff, who said she has worked at the Trump Organization for 24 years.

Persons: —, Donald Trump's, Jeffrey McConney, Deborah Tarassoff, Trump, Michael Cohen, Stormy Daniels, Attorney Alvin Bragg, Daniels, Melania Trump, McConney, Cohen, Allen Weisselberg, Weisselberg, Weissberg, Colangelo, Keith Davidson —, Jeffrey McConney's, pic.twitter.com, c2d9IQyKe5, Jacob Shamsian ⚖️, Dear Allen, Christopher Conroy slogged, Tarasoff, Todd Blanche, yawn, Conroy, Tarassoff, he'd Organizations: Service, Prosecutors, Trump, Business, Trump Organization, Attorney, Tahoe, White, FedEx Locations: Donald Trump's Manhattan, Manhattan, Weisselberg, Florida, Trump, New York, DC, Sharpie

New York CNN —Prosecutors in Donald Trump’s hush money trial dove into the paper trail at the heart of their case on Monday, revealing to jurors exactly how Michael Cohen was repaid by Trump’s trust and personal accounts in 2017 after he paid hush money to Stormy Daniels. Here are the takeaways from day 12 of the Trump hush money trial:Judge threatens to jail TrumpMerchan began Monday’s session by announcing he found Trump in contempt for violating his gag order a 10th time, after fining him last week for nine violations cited by prosecutors. Both of the witnesses worked for Trump for decades – Tarasoff still works for the Trump Org. Trump fully turned in his chair to watch Tarasoff’s testimony when his attorney, Blanche, began his cross-examination of the Trump Org. was like a “family-run business.”Eric Trump, who is still in charge of the Trump Org., and attorney Alina Habba, who represented Trump Org.

Persons: Donald Trump’s, Michael Cohen, Stormy Daniels, Cohen, Juan Merchan, Trump Merchan, Trump, fining, fining Trump, Mr, ” Merchan, ”, ” Trump, Merchan, Daniels, Jeffrey McConney, McConney, Deborah Tarasoff, ” McConney, CNN Tarasoff, Donald J, “, David Pecker, Keith Davidson –, Allen Weisselberg, Daniels ’, Davidson, Cohen –, who’ve, Emil Bove, Weisselberg, ” Tarasoff, Todd Blanche, – Tarasoff, “ You’re, ‘, Blanche, ” Eric Trump, Alina Habba, Tarasoff, Eric Trump Organizations: New, New York CNN — Prosecutors, Trump Organization, Trump, Trump Org, Trust, CNN, White, Trump Revocable Trust, Consultants Locations: New York, Washington, McConney, Sharpie

☆ Live Updates: Trump’s Criminal Trial Speeds Along, With Few Key Witnesses Remaining
▼ + stars: | 2024-05-06 | by ( Ben Protess | Jonah E. Bromwich | ) www.nytimes.com time to read: +6 min

The Manhattan district attorney has charged Mr. Trump, 77, with falsifying 34 business records to hide a $130,000 payment to Stormy Daniels, a porn star who says she and Mr. Trump had a tryst in 2006 while he was married. Mr. Trump, the first American president to face criminal prosecution, has denied the charges and says he did not have sex with Ms. Daniels. Here are five takeaways from Mr. Trump’s 11th day, and third week, on trial:A scandalous recording resurfaces. Ms. Hicks recalled consulting with Michael D. Cohen, Mr. Trump’s former lawyer and fixer, who eventually paid Ms. Daniels to keep quiet. On Thursday, prosecutors presented four more incidents and called Mr. Trump’s statements “corrosive.” Mr. Trump’s legal team argued that he was merely responding to political attacks.

Persons: Hope Hicks, Donald J, Trump, Gasps, Trump’s, Hicks, Stormy Daniels, Daniels, Ivanka, Donald Trump’s, Billy Bush, Mark Makela, Juan M, ” Mr, “, Karen McDougal, McDougal, Michael D, Cohen, —, Keith Davidson, Hillary Clinton, Davidson, Mr, Doug Mills, Clinton, ”, Justice Merchan, Merchan Organizations: White, White House, The Washington Post, ”, The New York, The, Wall Street, The National Enquirer, Trump, Manhattan Criminal, New York Times, Prosecutors, Mr Locations: Manhattan, Los Angeles

☆ Trump hush-money porn star trial: Here's what's happened so far
▼ + stars: | 2024-05-05 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +6 min

Former US President Donald Trump attends his trial for allegedly covering up hush money payments linked to extramarital affairs, at Manhattan Criminal Court in New York City, on May 2, 2024. The historic hush-money trial, which still has another three to five weeks to go, marks the first-ever criminal trial of an ex-U.S. president. Fined $9,000 for contempt of courtFormer US President Donald Trump sits in the courtroom at Manhattan criminal court in New York, US, on Friday, May 3, 2024. Prosecutors dig inRepublican presidential candidate and former U.S. President Donald Trump shouts during a campaign event in Freeland, Michigan, U.S. May 1, 2024. Pecker, who said that he purchased the story in order to bury it, said that Trump never reimbursed the company.

Persons: Donald Trump, Doug Mills, He's, he's, Juan Merchan, Trump, Merchan, Attorney Alvin Bragg, Joe Biden, —, doesn't, Trump's protestation, Chris Conroy, Brendan Mcdermid, Michael Cohen, Stormy Daniels, Daniels, David Pecker, Pecker, Donald Trump's, Timothy A, Clary, Cohen, Karen McDougal, Rhona Graff, McDougal, Gary Farro, Keith Davidson, Davidson, Hope Hicks, Alex Wong Organizations: Manhattan Criminal, Afp, Getty, Manhattan Supreme, Reuters, Attorney, Trump, Truth Social, Republican, National Enquirer, American Media, White House, Capitol Locations: New York City, Manhattan, Wisconsin, Michigan, New York, Waukesha , Wisconsin, Freeland , Michigan, U.S, Republic, Washington , DC

☆ Stormy unchained: Lawyers for Trump and porn star struggled to control her after hush-money story broke in 2018
▼ + stars: | 2024-05-04 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

Text messages shown in Donald Trump's hush-money trial reveal attorneys' struggles to manage Stormy Daniels. Michael Cohen, Trump's ex-attorney, appeared frantic in messages after the hush-money story broke in 2018. Minutes later Cohen texted Davidson, "Please call me," before he again texted, "Cmon!" Advertisement"Why is she going on Kimmel after the Sotu," Cohen texted Davidson days earlier. "She just denied the letter," Cohen texted Davidson at the time.

Persons: Donald Trump's, Stormy Daniels, Michael Cohen, Trump's, Cohen, Daniels, —, Keith Davidson, Davidson, Trump, Drew Angerer, Davidson texted Cohen, Cohen messaged Davidson, Stephanie Clifford —, Sean Hannity's, Davidson texted, Cohen texted Davidson, texted, Eduardo Munoz, Let's, Cohen backtracked, Michael Cohen's, Jane Rosenberg Davidson, Kimmel, Jimmy Kimmel, Cohen messaged, Gina Rodriguez, Gina Organizations: Prosecutors, Trump, Service, Street, Sean Hannity's Fox, Manhattan, REUTERS, Attorney's Locations: Los Angeles, LA, Manhattan, NY

☆ Hear the tapes: DA's theory of Trump as the hush-money mastermind takes a hit in newly-released defense recordings
▼ + stars: | 2024-05-03 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Defense tapes played in court Thursday have been posted to SoundCloud by Law360. They are recordings of 2018 phone calls between the two lawyers who struck the 2016 hush-money deal. They suggest an alternate reality to the DA's — where Trump is more victim than mastermind. Davidson's surmise — that Cohen was likely taping him at the time — makes a pair of newly-released defense tapes all the more compelling and perplexing. AdvertisementAnd while Colangelo told jurors that prosecutors will prove Trump "orchestrated" an election-influencing hush-money conspiracy, the charges do not require proof of who played whom.

Persons: Trump, —, Stormy Daniels, Keith Davidson, Michael Cohen, Cohen, Davidson, Donald Trump's fixer, Davidson's, Daniels, Trump’s, Keith Davidson hesitantly, ODuQQ4i1tg, Frank G, hesitatingly, Attorney Alvin Bragg, 89n0yKPqe3, Anthony Kotzev, Gina Rodriguez, Rodriguez, Matthew Colangelo, Colangelo Organizations: Law360, Service, Manhattan, Attorney, Trump, Prosecutors

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