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☆ Peter Oosterhuis, British Golfer Turned Broadcaster, Dies at 75
▼ + stars: | 2024-05-05 | by ( Richard Sandomir | ) www.nytimes.com time to read: +1 min

Peter Oosterhuis, a British golfer who won 20 tournaments around the world, played in the Ryder Cup six times and later distinguished himself as a commentator for CBS and Golf Channel, died on Thursday in Charlotte, N.C. His wife, Ruth Ann (DuClos) Oosterhuis, said that his death, at a memory care facility, was caused by complications of Alzheimer’s disease. That year, Oosterhuis (pronounced OH-ster-house) spoke to Golf Digest about his life and career. One detailed memory he still had: “In the 1973 Ryder Cup, I played Lee Trevino in one of my singles matches. Lee told his teammates, ‘If I don’t beat Oosterhuis, I’ll come in here and kiss your butts.’ Lee didn’t beat me.”

Persons: Peter Oosterhuis, Ruth Ann, Oosterhuis, “, ”, Lee Trevino, Lee, I’ll, ’ Lee didn’t Organizations: Ryder, CBS, Golf, Digest Locations: British, Charlotte, N.C

☆ Move over, Barbenheimer: Critics say Ryan Gosling and Emily Blunt's 'The Fall Guy' could be the next great summer blockbuster
▼ + stars: | 2024-05-03 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

Critics highlight the strong chemistry between stars Ryan Gosling and Emily Blunt. But what he's elevated here with "The Fall Guy" is telling the story within a movie-in-a-movie structure. "The Fall Guy" features everything from Phil Collins' "Against All Odds (Take A Look At Me Now)" to Taylor Swift's "All Too Well." AdvertisementEmily Blunt and Ryan Gosling are a perfect tandem, giving the movie a rom-com vibeRyan Gosling and Emily Blunt in "The Fall Guy." "The Fall Guy" definitely has that vibe with its lighthearted tone and thrills.

Persons: Ryan Gosling, Emily Blunt, Guy, —, Lee Majors, Colt Seavers, Aaron Taylor, Johnson, David Leitch, Here's, Leitch, Drew Pearce, Chris O'Hara, Eric Laciste, Phil Collins, Taylor, Katie, Gosling, Blunt, Lovia Gyarkye, David Fear, Jonathan Sela, Peter Debruge Organizations: Rotten, Service, Universal Pictures, Universal, Hollywood, Variety Locations: Hollywood

☆ A 33-year-old man turned a Japanese farmhouse into a mountainside Airbnb retreat for $25,000 — here's how he did it
▼ + stars: | 2024-04-18 | by ( Claire Turrell | ) www.businessinsider.com time to read: +6 min

Read previewSingaporean Xian Jie Lee, 33, moved to Japan in 2012 to study political science. Xian Jie LeeShu told Lee that he could rent a farmhouse in a village called Ryujinmura. "I removed the tatami (traditional straw floor covering) in the inner room and fell through the floor," Lee said. Xian Jie LeeWhile renovating the guesthouse, Lee turned his own home into a café three days a week to earn extra income. Xian Jie LeeLee has also been able to participate in unique experiences himself.

Persons: —, Jie Lee, Lee, Shu, Wayakama, Xian Jie Lee Shu, who'd, shoji, Lance Yeo, Xian Jie Lee, he'd, Xian Jie Lee Lee Organizations: Service, Business, YouTube Locations: Japan, Kyoto, Wakayama, Singapore

☆ Top Wall Street analysts like these 3 stocks for their growth prospects
▼ + stars: | 2024-04-14 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Top Wall Street analysts are calling out their favorite stocks with a focus on their long-term growth prospects. To that end, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Ahead of the company's quarterly results, several analysts have been reaffirming their bullish views on the stock. The top line gained from increased sales volumes of golf balls, clubs and golf gear under the company's Titleist brand. Tigress Financial analyst Ivan Feinseth reaffirmed a buy rating on GOLF stock and increased the price target to $74 from $68.

Persons: James Lee, AMZN, Lee, TipRanks, Ivan Feinseth, Feinseth, Acushnet, Goldman Sachs, Kate McShane, McShane, BJ Organizations: Wall, Amazon Web Services, Amazon, Holdings, Acushnet Holdings, Tigress, Acushnet, BJ's, Wholesale

☆ Richard Leibner, Agent for Top Broadcast Journalists, Dies at 85
▼ + stars: | 2024-04-12 | by ( Richard Sandomir | ) www.nytimes.com time to read: +1 min

Richard Leibner, a powerful agent whose firm brokered contracts for many of the biggest names in television news, including Dan Rather, Diane Sawyer, Anderson Cooper, Ed Bradley, Morley Safer and Steve Kroft, died on Tuesday at his home in Manhattan. His son Jonathan said the cause was kidney cancer. Mr. Leibner’s firm, N.S. Bienstock — named for one of its founders, Nathan Bienstock — represented hundreds of anchors, reporters, producers and others in network and local television news. The negotiation that grabbed the biggest headlines was for Mr. Rather, then one of the star correspondents of the CBS News program “60 Minutes.”Between late 1979 and early 1980, Mr. Leibner (pronounced LEEB-ner) parlayed interest in Mr. Rather as the evening anchor from all three network news divisions: ABC News, whose president, Roone Arledge, was trying to raise his third-place division’s profile; NBC News, where the evening anchor John Chancellor was hoping to change to a commentary role; and CBS News, where Walter Cronkite had been the evening anchor since 1962.

Persons: Richard Leibner, Dan Rather, Diane Sawyer, Anderson Cooper, Ed Bradley, Morley, Steve Kroft, Jonathan, Leibner’s, Bienstock —, Nathan Bienstock —, Rather, Leibner, Roone Arledge, John Chancellor, Walter Cronkite Organizations: CBS, ABC, NBC Locations: Manhattan

☆ Opinion | ‘Civil War’ and Its Terrifying Premonition of American Collapse
▼ + stars: | 2024-04-12 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +3 min

Going into Alex Garland’s astonishing new film, “Civil War,” I expected to be irritated by the implausibility of its premise. In one 2022 poll, 43 percent of Americans said they thought a civil war within the next decade was at least somewhat likely. “Civil War” has received plenty of adulatory reviews, but Garland has also been widely criticized for eliding the ideological forces driving America’s fracturing. But now that I’ve seen “Civil War,” which is neither glib nor cynical, Garland’s decision to keep the film’s politics a little ambiguous seems like a source of its power. Still, it’s not a stretch to interpret the film as a premonition of how a seething, entropic country could collapse under the weight of Donald Trump’s return.

Persons: Alex Garland’s, ”, Garland, “, I’m, —, Lee, it’s, Donald Trump’s Organizations: “, Florida Alliance, Western Forces of, New People’s Army, Southwest, Portland Maoists Locations: America, California, Texas, Loyalist, East Coast, Western Forces of California, Austin , Texas

☆ Mars volcano the size of Mount Everest was hiding in plain sight, report says
▼ + stars: | 2024-03-29 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

CNN —Scientists may have pinpointed a massive, oddly shaped volcano taller than Mount Everest on the surface of Mars — and it has been hiding in plain sight for decades, according to new research. Some of the largest volcanoes on Mars lie relatively close to the proposed “Noctis volcano.” Shown here: 1) Olympus Mons, the tallest known volcano in our solar system. This NASA visualization of the Tharsis rise shows Olympus Mons, Tharsis Montes, Noctis Labyrinthus, and Valles Marineris. NASA SVSA volcano, a glacier and the history of MarsThe existence of a volcano in Noctis Labyrinthus could also help explain the creation of this bizarre landscape. The existence of a volcano in the region, Lee said, might offer more support for the latter theory.

Persons: Everest, Pascal Lee, NASA SVS Lee, Sourabh, Lee, “ It’s, ”, NASA’s, Noctis Labyrinthus, “, ” Lee, Shubham, Adrien Broquet, we’ve, —, we’re, Noctis, Ernst Hauber, ” Hauber, David Horvath —, Tucson , Arizona —, Broquet, Horvath, ” Horvath, Carl Sagan Organizations: CNN —, Mars, Planetary Science Conference, Olympus, NASA, University of Maryland, College, CNN, NASA’s Mars Reconnaissance, Marineris, Humboldt Research, German Aerospace Center, SETI Institute, German Aerospace Center’s, of Planetary Research, Planetary Science Institute Locations: The Woodlands , Texas, That’s, Mars, Noctis, Valles, Tharsis Montes, Labyrinthus, Tucson , Arizona

☆ Teacher Li: A Chinese dissident in Europe is enraging Beijing. Now police are coming for his social media followers
▼ + stars: | 2024-03-18 | by ( Nectar Gan | Yong Xiong | ) edition.cnn.com time to read: +10 min

And now, Chinese authorities appear to be going after his followers in China. Li Ying spends most of his days in front of the computer running his X account. Li’s warnings sent shock waves through the small but influential Chinese X sphere. On X, Li Ying’s account provided a window into the outpouring of grief and disaffection. “The Chinese authorities are fearful of young people like Teacher Li, seeing him as a threat to its rule,” Wang said.

Persons: Lee, Xi Jinping, –, Li, ”, ” Lee, Li Ying, Li reposts, Elon Musk, Covid lockdowns, ” Li, “, Yaqiu Wang, ‘, ’ ”, Li Keqiang, Shen Xiang, ramped, Li Keqiang’s, Xi, it’s, it’ll, ” Wang, Wang Organizations: Hong Kong CNN, Twitter, US, Facebook, Elon, Ministry of Public Security, CNN, YouTube, Future Publishing, Getty, Freedom Locations: China, Hong Kong, Beijing, Italy, Washington, Anhui province, “

☆ Why California Democrats Aren’t Voting for Rep. Barbara Lee - The New York Times
▼ + stars: | 2024-03-05 | by ( Charles M. Blow | ) www.nytimes.com time to read: 1 min

“The perspective, the lens, the representation, the experience of a Black woman from California is badly needed.”That’s what Representative Barbara Lee — a California Democrat vying for the Senate seat held for three decades by Dianne Feinstein — told a television reporter last month about why people should vote for her in the race. On Sunday, before a rally that evening outside a production studio in Los Angeles owned by the former N.B.A. all-star Baron Davis, I asked Lee what she meant by that, since Black people are only about 7 percent of the population of the state. She replied in a way that was both shrewd and true to her career in politics: “I’ve taken everything I know about what it means to be Black in America or brown in America or low-income in America or a woman in America and tried to turn it into policies.”

Persons: Barbara Lee —, Dianne Feinstein —, Baron Davis, Lee, “, ” Locations: California, Los Angeles, America

CNN —Paris Saint-Germain midfielder Lee Kang-in said on Wednesday that he apologized to Tottenham Hotspur forward and South Korea captain Son Heung-min in person in London after a brawl took place between them at the Asian Cup this month. The pair clashed about playing table tennis while on international duty with South Korea ahead of the team’s 2-0 loss to Jordan in the Asian Cup semifinal on February 6. A television screen in Seoul, South Korea, shows the image of the pair that Son shared on Instagram. “So even if I were to face the same situation again, I would act for the sake of the team,” Son added. The Taegeuk Warriors scraped through to the Asian Cup semifinals, despite only winning one game in regulation time during the competition, before being upset by Jordan.

Persons: Germain, Lee Kang, Son Heung, Jordan, ”, Son, Ian Walton, Kim, Lee “, ” Kim, Lee, Heung, ” Lee, Lee’s, Instagram, Jung Yeon, Kang, ” Son, “, “ Kang, Karim Jaafar, Jürgen Klinsmann Organizations: CNN, Paris Saint, Tottenham Hotspur, South, Korean national football, Korea Football Association, Athletic, Yonhap News Agency, English Premier League, Brighton, Wolverhampton Wanderers, Tottenham, South Korea, Instagram, Getty, South Korean, Taegeuk Warriors, Qatar Locations: South Korea, London, Seoul, AFP, Jordan

HARRISBURG, Pa. (AP) — Pennsylvania's high court will consider whether some automatic life sentences for those convicted of murder violate constitutional protections for defendants, the justices said Friday. The appeal being pursued by Derek Lee, convicted of a 2014 killing, argues the state's life-without-parole law violates prohibitions in the Pennsylvania and U.S. constitutions against cruel punishment. Advocates say there are about 5,200 people in Pennsylvania currently serving what they call “death by incarceration” sentences, the highest per capita rate among states. In a June ruling, the Pennsylvania Superior Court cited decisions in previous, similar appeals as it turned down Lee's claim that life-without-parole violates his constitutional rights. But in a concurring opinion, Superior Court Judge Alice Beck Dubow urged the higher court to revisit the matter “in light of changes in related case law from other states and research and policy concerns regarding the criminal justice system.”.

Persons: Derek Lee, “, Quinn Cozzens, Lee, ” Cozzens, ” Kelly Callihan, Leonard Butler, Butler, ”, codefendant Paul Durham, Alice Beck Dubow Organizations: Abolitionist Law Center, Pennsylvania, Association Locations: HARRISBURG, Pa, Pennsylvania, Allegheny

SAN FRANCISCO (AP) — A former interim mayor of San Francisco announced Tuesday he's running for his previous job, joining a competitive field of candidates who say the city has crumbled under the watch of Mayor London Breed, who is up for reelection this year. The lawyer and former city supervisor said he had not planned to return to politics but feels he has the right skills to turn San Francisco around. While she's not on the March 5 ballot, Breed is pushing a pair of public safety proposals that are. Critics say the ballot measures are not in line with San Francisco voters who value privacy over surveillance and encouraging rather than mandating participating in drug treatment programs. Meanwhile, political action committees supporting Breed have raised $1.3 million, including $200,000 from Michael Bloomberg, former New York City mayor.

Persons: —, London Breed, Mark Farrell, Breed, Ed Lee, San, ” Eric Jaye, “, ” Jaye, San Jose . San, Farrell, Ahsha Safaí, Daniel Lurie, Levi Strauss, she's, Lurie, E, Miriam Haas, Haas, Michael Bloomberg, Safaí Organizations: FRANCISCO, San Francisco, London, Associated Press, Democratic, New York City Locations: San Francisco, Francisco's, San Jose ., San Jose . San Francisco, New York

☆ Here are the key drivers for the new Disney-Fox-Warner Bros. Discovery sports venture
▼ + stars: | 2024-02-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere are the key drivers for the new Disney-Fox-Warner Bros. Discovery sports ventureEd Lee, The New York Times' assistant editor, joins 'Money Movers' to discuss the new sports venture between Disney, Fox, and Warner Bros.

Persons: Ed Lee Organizations: Disney, Fox, Warner Bros, Discovery, The New York Times, Warner Bros .

☆ George Hoyningen-Huene: The man who captured the jazz age on film
▼ + stars: | 2024-02-07 | by ( Christian House | ) edition.cnn.com time to read: +7 min

CNN —In 1930 George Hoyningen-Huene pulled off one of the greatest dupes in the history of photography. George Hoyningen-Huene Estate ArchivesRönngren said Huene was “like Forrest Gump. George Hoyningen-Huene Estate ArchivesAll this gossip and glamour would, of course, make great television: and Rönngren is now working on a Netflix drama about the photographer’s life and times. The Jaeger exhibition, which presents works, dating from 1927 to 1955, coincides with the publication of “George Hoyningen-Huene: Photography, Fashion, Film” by Susanna Brown (Thames & Hudson). Photographer George Hoyningen-Huene in the studio in Paris, 1937.

Persons: George Hoyningen, Huene, Horst P, Horst, Lee Miller, ”, “ George Hoyningen, Katherine Hepburn, Josephine Baker, Benjamin Jaeger, Steffi, ” Huene, Baron Barthold Theodor Hermann von Hoyningen, Tsar Nicholas II, Susannah Brown, George, Salvador Dalí, Weissmuller, Huene “, Tommy Rönngren, Asa, Tommy “, Rönngren, Forrest Gump, Joseph Pilates, Ava Gardner, Sophia Loren, George Cukor, Condé Nast, Cole Porter, “ sauvage, Greta Garbo, Marlene Dietrich, “, Dietrich, Garbo, ’ ” Heune, Miriam Hopkins, Susanna Brown, Baker, Roger Schall, Lisa Fonssagrives, Irving Penn, Jaeger Organizations: CNN, Vogue, Cote, Jaeger Art, Jaeger, “, British Army, Condé, Thames & Hudson, Nexus Hall, Neue, Hudson Locations: Paris, Russian, New York, Côte, Berlin, St Petersburg, England, France, Montmartre, Swedish, Huene, Horst’s, Stockholm, “, Hollywood, revolté, Thames, Tokyo, Europe, Germany

☆ Samsung chief Lee Jae-yong acquitted in 2015 merger case
▼ + stars: | 2024-02-05 | by ( Yoonjung Seo | ) edition.cnn.com time to read: +1 min

Seoul CNN —Samsung chief Lee Jae-yong was found not guilty by a Seoul court on Monday on charges of stock manipulation and accounting fraud connected to a controversial merger in 2015 of two Samsung affiliates. The acquittal comes as a major relief to the chairman of Samsung Electronics, who has been embroiled in legal problems for years. They alleged that the merger of the two firms allowed Lee to gain a tighter grip on Samsung Electronics, the group’s flagship company. “Even if Lee’s control has been strengthened, the merger in this case cannot be considered unfair, as long as there is a reasonable purpose for the merger,” Park said. He added the decision will “lead to lowering the confidence of foreign investors in the Korean legal system and the soundness of the Korean capital market.”

Persons: Lee Jae, Lee, Park Jeong, ” Organizations: Seoul CNN — Samsung, Samsung, Samsung Electronics, Cheil Industries, Seoul, District Court, Seoul National University, CNN Locations: Seoul

☆ A stripper and escort who caters to Wall Street clients says she has invested more than $57K in cosmetic treatments
▼ + stars: | 2024-02-05 | by ( Julia Naftulin | ) www.businessinsider.com time to read: +9 min

Mia Lee, a stripper and professional escort, has optimized her beauty routine so she can jam-pack her schedule with work. She doesn't worry about makeup, skincare, or her period due to procedures she's gotten over the years. She shared the beauty treatments, cosmetic procedures, and other products she's purchased over the past decade or so, which she views as career investments. Lee left her job as a forensic accountant on Wall Street making six figures to pursue working for herself as a professional escort and stripper. Lee said that the $8 purchase is meant to preserve her youthful visage and prolong the other facial treatments she's done.

Persons: Mia Lee, she's, Lee, —, Petit Mort, sweats, Penelope Dario Lee, hasn't, She's, Penelope Dario, Dysport, doesn't, Lee doesn't, Uber Organizations: Service, Wall Street, Business, YouTube, BI, Wall, grays, Panasonic Locations: Love

☆ Samsung’s Leader Acquitted in Stock and Accounting Fraud Case
▼ + stars: | 2024-02-05 | by ( John Yoon | ) www.nytimes.com time to read: +1 min

A South Korean court on Monday acquitted Lee Jae-yong, Samsung’s top executive, on charges of stock price manipulation and accounting fraud, the latest twist in the billionaire’s legal troubles tied to a merger that helped him secure control of the nation’s largest company. Prosecutors had sought a prison sentence of five years and a fine of 500 million won against Mr. Lee, 55. Prosecutors have the option to appeal the decision to a higher court. Neither Samsung Electronics nor the prosecutors’ office immediately commented after the verdict. Mr. Lee’s lawyers said in a statement that the decision “clearly confirmed the legality” of the merger and the accounting of its affiliates.

Persons: Lee Jae, Lee, “ Organizations: Samsung, Prosecutors, Mr, Samsung Electronics Locations: Seoul

☆ Opinion: The dangerous Civil War ideology looming over the 2024 election
▼ + stars: | 2024-01-18 | by ( Opinion Karen Finney | ) edition.cnn.com time to read: +9 min

The myth of the Lost Cause hasn’t been defeated. Echoes of Lost Cause mythology have also been invoked throughout the primary by Trump’s leading opponents, Florida Gov. The myth of the Lost Cause hasn’t been defeated. In short, it was defeated and discredited, but Lost Cause mythology nevertheless lives on. It was easy not to indulge my grandmother Mildred Lee in her promotion of Lost Cause mythology.

Persons: Karen Finney, Hillary Clinton, Robert E, Lee, Mildred Lee, Karen Finney Ralph Alswange, ”, curriculums, General Lee, Jim Crow, hasn’t, Biden, —, Donald Trump, Abraham Lincoln, Trump’s, Ron DeSantis, Nikki Haley, DeSantis, ” Karen Finney, Trump’s MAGA, Haley, Trump, McCarthy, Clint Smith, we’ve Organizations: CNN, Democratic, Aggression, United, Mother Emanuel AME Church, Florida Gov, South Carolina Gov, Trump voters, Capitol, Fox News, Florida Governor, CNN Town Hall, Union, South Carolina, House, Confederate, Illinois, Reconstruction, Ku Klux, Republican, Civil Locations: Virginia, North Carolina, Charleston , South Carolina, Iowa, Florida, America, South Carolina, United States

BAINBRIDGE, Ga. (AP) — Some local residents and an animal-rights group are protesting plans for a monkey-breeding facility in southwest Georgia. Political Cartoons View All 253 ImagesThe Bainbridge facility would provide a domestic source of monkeys to offset imports, the company said. “PETA urges Bainbridge officials to withdraw their support and shut down this project before a shovel hits the dirt," she wrote. The company and local officials said the nonprofit and community's concerns are baseless. Local officials in December agreed to property tax breaks for the project — waiving them for the first 10 years and then gradually decreasing tax breaks until they end after 20 years.

Persons: didn’t, Charles River, we’d, ” Ted Lee, Lisa Jones, Engel, ” Jones, Bainbridge, Rick McCaskill, ” McCaskill Organizations: Council, Medicine, Charles River Laboratories, PETA, Development Authority of, Local Locations: BAINBRIDGE, Ga, Georgia, Bainbridge, Cambodia, Brazoria County , Texas, Houston, U.S, Development Authority of Bainbridge & Decatur County

☆ 3 seafoods that are only popular because of marketing schemes
▼ + stars: | 2024-01-14 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +5 min

Lobster used to be served as prison food and used as fish bait. Here's how some savvy marketing schemes in the 1800s and 1900s gave lobster, calamari, and Chilean sea bass the glow-ups they needed to become so loved. AdvertisementChilean sea bass is actually called Patagonian toothfishChilean sea bass is a top-dollar fish typically sold at ritzy restaurants alongside other luxury items like foie gras and caviar. But the name "toothfish" wasn't very marketable, so Lantz gave it a much more exclusive-sounding name: the Chilean sea bass — and Americans ate it right up. AdvertisementAnd when more popular fish became less available in the early 1970s, politicians and conservationists realized they needed a way to convince Americans to eat more plentiful fish like squid, the Times reported.

Persons: —, Mother Jones, Lee Lantz, Lantz, Priceonomics Organizations: Service, Massachusetts Bay Colony, Business, Pacific, Wall Street Journal, The New York Times, Times, Massachusetts Institute of Technology Locations: Chilean, North America, New England, Massachusetts Bay, East Coast, California, South America, Chile, Europe

☆ Khazar Momeni, the sister of Bob Lee killing suspect, was arrested and accused of DUI after an alleged hit-and-run
▼ + stars: | 2023-11-28 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +2 min

Khazar Momeni was arrested and charged with driving under the influence on Monday, SFPD said. Her brother is Nima Momeni, the tech consultant charged in murdering Cash App creator Bob Lee. Khazar Momeni, also known as Khazar Elyassnia, did not immediately respond to a request for comment sent to her husband. According to court records, Nima Momeni had confronted Lee about his sister prior to the stabbing. Friends of Lee later told The Wall Street Journal that he was having an affair with Khazar Momeni.

Persons: Khazar Momeni, SFPD, Nima Momeni, Cash, Bob Lee, Lee, —, Larkin, Khazar Elyassnia, Momeni, Khazar Organizations: Service, San Francisco Police Department, Khazar, San, Wall Street Journal, San Francisco Standard Locations: San Francisco, Geary, Khazar, San Francisco County, Momeni's

☆ Samsung boss denies wrongdoing as South Korea prosecutors seek jail term over 2015 merger
▼ + stars: | 2023-11-17 | by ( Joyce Lee | ) www.reuters.com time to read: +3 min

SEOUL, Nov 17 (Reuters) - Samsung Electronics (005930.KS) chairman Jay Y. Lee denied wrongdoing on Friday after South Korean prosecutors called for him to be jailed for five years on charges of accounting fraud and stock price manipulation involving an $8 billion merger of Samsung affiliates in 2015. The hearing is the final lower court session before a ruling, scheduled for January 26, ending a trial that has lasted three years. Samsung Electronics Vice Chairman Jay Y. Lee arrives at a court in Seoul, South Korea, October 26, 2021. "I have never had my personal interests in mind in the course of the merger," Lee told the court. Lee was previously convicted of bribing former South Korean President Park Geun-hye and went to jail for a total of 18 months from 2017 to 2021.

Persons: Jay Y, Lee, Kim Hong, Park, hye, Joyce Lee, Miral Fahmy, Mark Potter Organizations: Samsung Electronics, South, Samsung, Seoul Central District Court, Prosecutors, Cheil Industries, REUTERS, Korean, Analysts, South Korean, Thomson Locations: SEOUL, KS, Seoul, South Korea

☆ South Korea prosecutors seek jail for Samsung boss on fraud, stock manipulation charges
▼ + stars: | 2023-11-17 | by ( Joyce Lee | ) www.reuters.com time to read: +2 min

SEOUL, Nov 17 (Reuters) - South Korean prosecutors sought on Friday a five-year jail term for the boss of Samsung Electronics (005930.KS) Jay Y. Lee over charges of accounting fraud and stock price manipulation involving an $8 billion merger of Samsung affiliates in 2015. Prosecutors allege the executives' involvement in the merger of group affiliates Samsung C&T (028260.KS) and Cheil Industries included stock price manipulation and other wrongdoings that helped them gain at the expense of minority investors. Lee and the executives have denied wrongdoing, saying the merger and accounting processes that prosecutors have taken issue with were part of normal management activities. A small group of supporters chanted his name outside the court during a recess, while detractors yelled angrily at him. Reporting by Joyce Lee; Editing by Tom Hogue, Ed Davies and Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Jay Y, Lee, Park, hye, Joyce Lee, Tom Hogue, Ed Davies, Miral Organizations: Samsung Electronics, Samsung, Seoul Central District Court, Prosecutors, Cheil Industries, South Korean, Thomson Locations: SEOUL, KS, Seoul

SINGAPORE (AP) — Singapore Prime Minister Lee Hsien Loong said Sunday he planned to bow out and hand over power to his deputy, Lawrence Wong, late next year, before the 2025 general election. He has served as head of the long-ruling People's Action Party, or PAP, and as prime minister since 2004. Therefore, I intend to hand over to DPM (Deputy Prime Minister) Lawrence before the next general election,” Lee said at a party conference. I will do my best to help him fight and win the next GE (general election),” Lee added. Lee is the eldest son of Lee Kuan Yew, who became Singapore's first prime minister and built the resource-poor city-state into one of the world’s richest nations during 31 years in office.

Persons: Lee Hsien Loong, Lawrence Wong, Lee, Wong, “, Lawrence, ” Lee, PAP's, Heng Swee Keat, Heng, Lee Kuan Yew Organizations: SINGAPORE, — Singapore, Party, GE, COVID, Finance, PAP Locations: Lawrence

☆ Storylines Residential Cruise Faces Backlash From Investors, Ex-Employees
▼ + stars: | 2023-11-01 | by ( Kate Taylor | Brittany Chang | ) www.businessinsider.com time to read: +31 min

Storylines' first cruise ship was initially scheduled to launch in 2019; it's now set for December 2026. Nine former employees, consultants, and investors told Insider that they'd come to doubt the MV Narrative would ever be built. The only existing residential cruise ship is The World. Many Storylines buyers remain optimistic about the residential cruise ship. "The ball is in your court," Punton told buyers in July in a video that's since been taken down.

Persons: Alister Punton, Punton, Shannon Lee, Mike Kasperzak, Jim Holt, Holt, Angela Nuran, Paul Cosentino, Cosentino, We're, Lee, it's, Alexandre Caillol, Condé, superyachts, Sean Fremder, Weeks, Caillol —, —, Marco Polo —, PitchBook, Alexandra Zodian —, Caillol, Michael Edwards, Edwards, he'd, Martin Buggy, Melissa Edyvean, Edyvean, Paul Read, Salvatore R, Mercogliano, Pat Helmers, Helmers, Michael Perisi, Andrew Lentz, didn't, Lentz, Wrocław . Lentz, Andrew, I'm, Lee ., Dick Rosman —, Lee —, Krzysztof Kontek, Kontek's, Michal Jackiewicz, Brodosplit, Brian Martin, Read, Nuran, We've, he's, New Zealand —, Kasperzak, " Lentz Organizations: Punton, Army, West —, Industry, CNN, Brodosplit, Regent Seven Seas, Wall Street Journal, Korea's Samsung Heavy Industries, Utopia, Beverly Hills, Rock City, The Raiders, Raiders, Holland America's, Mariners, New Zealand Locations: massages, Croatian, Beverly, Punton, Queensland, Australia, Broadbeach, California, Rock, Brisbane, Netherlands, Caillol, Polynesia, French Polynesia, France, London, Australian, British, Delaware, Sweden, Tahiti, Perth, Ecuador, Poland, Wrocław, Mexico, Florida, New

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