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☆ People are moving out of cities with poor air quality — but many end up facing other climate risks
▼ + stars: | 2024-02-16 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Much of the Sunbelt "has [a] low air-quality risk but it has high heat risk, high flood risk, high wind risk from things like hurricanes," she said. When looking at moving trends within counties and cities from 2000 to 2020 paired with flood risks, researchers at First Street Foundation noticed clear signals of people moving away from areas exposed to flooding. Additionally, more than 3.2 million (35.5%) of those residents said they left specifically because of the flood risk. 'I personally was impacted by air quality'Over 85% of homes in 13 major cities are highly exposed to poor air quality; nine are in California and the rest are spread out in Washington, Oregon and Idaho, Redfin found. "I personally was impacted by air quality," Fairweather said.

Persons: Eduardo Munoz Alvarez, Fairweather, We're, Jeremy Porter, Porter, Redfin Organizations: Getty, First Street Foundation, CNBC, riskier metros Locations: West Coast, Sunbelt, Arizona , Florida , Nevada , North Carolina, South Carolina , Texas, Tennessee, New York, U.S, California, Washington , Oregon, Idaho, Seattle, Wisconsin, riskier

The vast majority — nearly $40 million — went to law firms working on his personal legal problems. But significant portions of their donations went to law firms defending Trump in civil cases involving his real-estate empire and its top executives, including Donald Trump Jr., Eric Trump, and Ivanka Trump. Only about $861,000 was spent on law firms working exclusively on political issues. Where there were gaps, we contacted law firms and individual lawyers who received money from the PACs. In 2021 and 2022 combined, Trump spent $16 million on legal fees through the Save America PAC.

Persons: Donald Trump, Trump, —, MAGA, Trump's, Donald Trump Jr, Eric Trump, Ivanka Trump, Stormy Daniels, Jean Carroll, Robert, Clifford S, Michael Cohen, — Troutman Pepper Hamilton Sanders, Kellogg, Hansen, Todd, Figel, Frederick —, Madaio, Alina Habba, Michael Madaio, Hillary Clinton, James Comey, Mary Trump, general's, Carroll, Trump —, Joe Tacopina, Chad Seigel, Christopher Kise, Jesus M, Suarez, Eli Bartov, Bryan Woolston, Silverman Thompson Slutkin, White, Evan Corcoran, Todd Blanche, Cadwalader, Taft, Blanche, Attorney Alvin Bragg's, Daniels, Susan Necheles, John Lauro, who's, Steven H, Drew Findling, Jennifer Little, Jesse R, it's, Jim, John Rowley, Eduardo Munoz Alvarez, Allen Weisselberg, Weisselberg, perjured, ArentFox Schiff, Jeff McConney, Stanley Woodward, Stanley Brand, Carlos de Oliveira, John S, Irving of, Boris Epshteyn, Kenneth Chesebro, Troutman Pepper, Ivanka, Newsmax, Harmeet, Dhillon, Bradley T, Morvillo Abramowitz, David Pecker, Elkan Abramowitz, Greenberg Traurig, Ballard Spahr, Mintz, Levin, Cohn, Ferris, Corey Lewandowski, Robert Mueller's, Jones, Andrew Kelly, It's, Forbes, defaming Carroll, he's Organizations: Service, Trump, Save America PAC, Make, Trump Organization, Politico, Reuters, New, Associates, Democratic National Committee, The New York Times, Times, Continental LLP, Inc, AP, Attorney, Capitol, Law, Taft, Brand Woodward Law, Irving of Earth & Water Law, Ivanka Trump, Republican National Committee, Save, MAGA, Curve Solutions, National Enquirer, Republican, MAGA PAC, Bloomberg Locations: New York, Georgia, Carroll, Manhattan, Florida, York, Washington, DC, Wickersham, Attorney Alvin Bragg's Manhattan, Fulton County , Georgia, codefendants, MAGAworld, Robert Mueller's Russia

☆ Gilgo Beach murders: timeline of the case and investigation
▼ + stars: | 2024-01-15 | by ( Emma Tucker | Authorities Find First Remains In Gilgo Beach Murders | ) edition.cnn.com time to read: +12 min

CNN has reached out to Heuermann’s attorney, the Suffolk County District Attorney’s Office and the Suffolk County Police Department for comment. Here is a timeline of the Gilgo Beach killings, how the investigation unfolded and what ultimately led to Heuermann’s arrest. Two days later, investigators discovered the remains of three additional victims – Maureen Brainard-Barnes, Amber Costello and Megan Waterman – strewn across a half-mile stretch on Gilgo Beach. Authorities later said they believed Gilbert’s death may have been accidental and not related to the Gilgo Beach slayings. The task force included the Suffolk County Police Department, the Suffolk County Sheriff’s Office, the New York State Police and the FBI.

Persons: Long, Rex Heuermann, ” Heuermann, Melissa Barthelemy, Megan Waterman, Amber Costello, Maureen Brainard, Barnes, Heuermann, Amber Lynn Costello, Shannan Gilbert, hadn’t, “, Barthelemy, ”, Jane Doe, Jessica Taylor, Spencer Platt, Steve Cohen, Barthelemy’s, Cohen, James Carbone, WH ”, Geraldine Hart, “ Jane Doe, Valerie Mack, Hart, Rodney Harrison, Ray Tierney, surveilling, “ Brainard, Tierney, Harrison, Eduardo Munoz Alvarez Organizations: CNN, Authorities, Attorney, CNN Sunday, Attorney’s Office, Suffolk County Police Department, Police Department, Police, Craigslist, Garden, Getty, New York’s Suffolk County Police Department, FBI, Suffolk County Police, Sheriff’s Office, New York State Police, New, Suffolk County Crime Laboratory, RH, & Associates Locations: Shore, York, Suffolk County, Suffolk, Megan Waterman Suffolk, Gilgo Beach, Gilgo, Jersey City , New Jersey, Manhattan, Madison, Manorville, Long, Wantagh , New York, Nassau County, New York City, Fire, Beach, Oak Beach , New York, ”, New York’s Suffolk County, Philadelphia, New York, Heuermann, Yaphank

☆ Deutsche Bank Gained Lucrative Business From Trump, Former Executive Testifies
▼ + stars: | 2023-11-30 | by ( Jacob Gershman | ) www.wsj.com time to read: 1 min

Former President Donald Trump testified in the civil fraud trial in Manhattan earlier this month. Photo: Eduardo Munoz Alvarez/Associated PressThe former Deutsche Bank executive who recruited Donald Trump as a client testified Wednesday that the bank’s dealings with the former president were lucrative and her superiors were eager to expand them. Rosemary Vrablic , a former relationship manager with the bank’s private-wealth-management division, is one of several witnesses from Deutsche Bank being called to the stand this week by Trump’s lawyers as they seek to rebut allegations by the New York attorney general that Trump committed civil fraud by overstating his wealth for financial gain.

Persons: Donald Trump, Eduardo Munoz Alvarez, Rosemary Vrablic, Trump Organizations: Associated Press, Deutsche Bank, New Locations: Manhattan, New York

☆ Forbes built a hall of shame for all the questionable people on its 30 Under 30 lists
▼ + stars: | 2023-11-29 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

Plenty of people on the Forbes 30 Under 30 lists have turned out to be not quite so shiny. AdvertisementThe Forbes "30 Under 30" lists celebrate the achievements of young people making a mark in a range of sectors. Its "hall of shame" starts – appropriately enough – with Sam Bankman-Fried, the FTX cofounder who was on the 30 Under 30 finance list in 2021. Caroline Ellison was on the Forbes 30 under 30 list last year. Outside the 30 Under 30 finance class, the gun rights activist Cody Wilson also makes the hall of shame.

Persons: Forbes, Sam Bankman, Martin Shkreli, —, Mark Zuckerberg, FTX, Fried, Caroline Ellison, Eduardo Munoz Alvarez Martin Shkreli, Craig Ruttle, Charlie Javice, Frank, JP Morgan Chase, Javice, Morgan, She's, Nate Paul, Lucas Duplan Clinkle, Lucas Duplan, Peter Thiel, Andreesen Horowitz, Cody Wilson, Kelly West, Steph Korey, James O'Keefe, Prendergrast, she's Organizations: Forbes, Service, Prosecutors, Justice, TechCrunch, Business, Reuters, Project Veritas, The City Magazine Locations: Alameda

☆ Trump's fraud trial defense has featured 1 son, 2 pals, and an expert who noted 'glaring' math snafus
▼ + stars: | 2023-11-18 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

Donald Trump Jr. in court for his family's civil fraud trial in New York. AP Photo/Phelan M. EbenhackThe first defense expert witness: a Trump mega-donorThe third defense witness to take the stand, developer Steven Witkoff, was, like Donald Trump, Jr., hardly an objective source of testimony. But on Tuesday he became Trump's first expert witness, in the field of real estate valuation. His multi-billion-dollar brokerage firm, Lockton Companies, earned $1.2 million last year as Trump's insurance broker, he said. He said he didn't have a real estate license — he doesn't need one to be a broker, he explained.

Persons: —, Donald Trump, Donald Trump , Jr, Junior, Donald Trump Jr, David Dee Delgado, Christopher Kise, Trump, Kise, Phelan M, Ebenhack, Steven Witkoff, Witkoff, Trump's, Eduardo Munoz Alvarez, Jason Flemmons, Flemmons, James, Flemmons flubbed, Steven Laposa, Laposa, LIV, Timothy A, Clary, Gary Giulietti, Giulietti Organizations: Trump, Service, New, AP, Republican, Woolworth, Supreme, Securities and Exchange Commission, SEC, Getty, Lockton Companies, Zurich Insurance Group Locations: New York, Manhattan, Trump, New Jersey

☆ Sam Bankman-Fried tried to pin his fraud scheme on his closest friends. Then they turned on him for it.
▼ + stars: | 2023-11-03 | by ( Katie Balevic | ) www.businessinsider.com time to read: +12 min

A jury found Sam Bankman-Fried guilty in his fraud trial over the collapse of FTX. One by one, his friends flipped to work with the prosecution and threw Bankman-Fried under a much bigger bus. That's how a jury found him guilty of seven counts in his federal fraud trial in downtown Manhattan on Thursday evening. AdvertisementAdvertisementSingh, for example, testified he was "blindsided and horrified" when he found out in November that Alameda had used FTX customer money. The sentencing schedule may depend on a second criminal trial Bankman-Fried faces for alleged illegal campaign contributions.

Persons: Sam Bankman, Fried, SBF, —, FTX, –, Nicolas Roos, Jim Angel, Angel, Caroline Ellison, Gary Wang, Nishad Singh, Bankman, Singh, blindsided, Ellison, Sam, Eduardo Munoz Alvarez, Wang, Singh —, Mark Cohen, Cohen, who'd, Adam Yedidia, Sun, deflating, they're, Chelsea Jia Feng, Danielle Sassoon, Roos Organizations: Service, Prosecutors, MIT, Georgetown, Financial Markets, Alameda, Bankman Locations: FTX, Alameda, Manhattan, Bankman

☆ For days Sam Bankman-Fried, the MIT grad who founded FTX, repeatedly told a jury he couldn't remember actions from his time as CEO
▼ + stars: | 2023-10-31 | by ( Katie Balevic | ) www.businessinsider.com time to read: +9 min

It was during those hours of questioning that Bankman-Fried repeatedly said he couldn't recall specific details from his time as CEO of FTX, his now-defunct cryptocurrency exchange. Asked whether his support for regulation in the crypto industry was contingent upon protecting customers, Bankman-Fried testified Monday: "I don't recall that specifically, no." He similarly struggled to recall whether he ever mentioned to the public that while trading on FTX, Alameda didn't play by the same rules as other customers. AdvertisementAdvertisementBankman-Fried's instructions as CEO were just 'suggestions'Chelsea Jia Feng/InsiderBankman-Fried insisted on the stand that he didn't recall making various instructions to his employees, especially those like Ellison, Gary Wang, and Nishad Singh. Asked if he instructed Ellison to purchase cryptocurrencies in her capacity as co-CEO of Alameda, Bankman-Fried was vague, saying, "I don't recall an instance.

Persons: Sam Bankman, Lewis Kaplan, —, Fried, Danielle Sassoon, FTX, SBF, FTX's, Judge Lewis Kaplan, Caroline Ellison, Eduardo Munoz Alvarez, Sam Trabucco, beholden, Sassoon, Chelsea Jia Feng, Ellison, Gary Wang, Nishad Singh, I'm, Jane Rosenberg, Gary, Nishad, Ryan Salame, it's, Mark Cohen, Judge Kaplan Organizations: Service, Alameda Research, Alameda, REUTERS Locations: Bankman, Manhattan, Alameda, FTX

☆ Sam Bankman-Fried's ex-friends and top lieutenants all demolished his criminal defense from the witness stand
▼ + stars: | 2023-10-21 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

Sam Bankman-Fried's defense attorneys have argued that FTX's collapse is complicated and he didn't know everything. AdvertisementAdvertisementDuring opening statements at Sam Bankman-Fried's trial, it quickly became clear that prosecutors and his defense attorneys had very different approaches. But Bankman-Fried's attorneys may convince jurors that Bankman-Fried genuinely believed his actions were acceptable in the wild-west cryptocurrency industry. The challenge for Bankman-Fried's attorneys is to convince jurors that he didn't know about any wrongdoing. "Sam directed me to," Ellison testified.

Persons: Sam Bankman, They've, —, — Caroline Ellison, Gary Wang, Nishad Singh —, Thane Rehn, Rehn, Mark Cohen, Ellison, Cohen, FTX, Crypto, it's, Sam Bankman Fried, Craig Ruttle, Sarah Krissoff, Cozen O'Connor, Fried, Krissoff, Singh, Wang, Paul Tuchmann, Wiggin, Dana, Sam, Caroline Ellison, Eduardo Munoz Alvarez, Gary, Sun, He's Organizations: Service, Prosecutors, Alameda Research, Alameda Locations: Manhattan, Washington, Bankman, Alameda, New York, FTX, Bahamas

Caroline Ellison got into the wrong car as she departed from the courthouse on Tuesday. A picture from the scene shows her shocked and panicked expression as she realized her mistake. The blunder illustrates the media circus around Sam Bankman-Fried's criminal trial. AdvertisementAdvertisementCaroline Ellison has had a chaotic few days since she began testifying in the criminal trial of her ex-boyfriend Sam Bankman-Fried. A picture from the scene shows Ellison's seemingly panicked expression as she realized she'd gotten into the wrong vehicle.

Persons: Caroline Ellison, Sam Bankman, —, Ellison, she'd, Ellison's, Eduardo Munoz Alvarez, Fried Organizations: Service, InnerCity Press, Alameda Research, Prosecutors Locations: Manhattan

☆ Live updates: Nobel Peace prize 2023 is set to be awarded
▼ + stars: | 2023-10-06 | by ( Christian Edwards | Ed Upright | ) edition.cnn.com time to read: +1 min

Smoke from Canadian wildfires casts a haze over New York on June 7. Eduardo Munoz Alvarez/Getty ImagesWhile the Nobel Peace Prize will be announced today, recipients do not receive their prizes until an official ceremony in December. By this time, the world will be going through an “El Niño” winter -- when ocean temperatures are warmer than normal for an extended period. For Dan Smith, director of the Stockholm International Peace Research Institute, El Niño is set to round off a year in which the climate disaster has become clear to all. The hottest temperatures ever in this place, that place and the other… And as yet El Niño hasn’t kicked in.”

Persons: Eduardo Munoz Alvarez, Dan Smith, El Niño, ”, El Niño hasn’t Organizations: Stockholm International Peace Research Institute, CNN Locations: New York, Stockholm, El, China, Pakistan, Canada, Mexico

☆ UBS shares jump to 2008 highs after profit beat, job cuts announcement
▼ + stars: | 2023-08-31 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

UBS posted a second-quarter profit of $28.88 billion in its first quarterly earnings since Switzerland's largest bank completed its takeover of stricken rival Credit Suisse. UBS said the result primarily reflected $28.93 billion in negative goodwill on the Credit Suisse acquisition. UBS paid a discounted 3 billion Swiss francs ($3.4 billion) to acquire Credit Suisse in March. "Credit Suisse has excellent people, clients, and product capabilities, but the business model was not sustainable any longer and needs to be restructured." UBS delayed reporting its second-quarter results — initially scheduled for July 25 — until after completing the Credit Suisse takeover on June 12.

Persons: Eduardo Munoz Alvarez, Ermotti, CNBC's, CNBC's Joumanna, — Organizations: UBS, View Press, Getty, Credit Suisse, Analysts, Suisse, Suisse's, Credit, The Credit Suisse, Swiss Locations: Manhattan, New York City, Zurich, Swiss, Switzerland

☆ Gilgo Beach murders: Suspect in custody in long-unsolved killings on New York's Long Island, sources say
▼ + stars: | 2023-07-14 | by ( Kristina Sgueglia Brynn Gingras John Miller Ray Sanchez | Kristina Sgueglia | Brynn Gingras | ) edition.cnn.com time to read: +4 min

CNN —A New York architect is in custody for the Gilgo Beach murders, an unsolved case tied to at least 10 sets of human remains discovered since 2010 in suburban Long Island, according to two law enforcement sources. Law enforcement arrive at a Long Island house Friday, July 14, 2023. Eduardo Munoz Alvarez/APAuthorities later said they believe Gilbert’s death may have been accidental and not related to the Gilgo Beach slayings. Additional remains were uncovered in neighboring Gilgo Beach and in Nassau County, about 40 miles east of New York City. Mack’s partial remains were first discovered near Gilgo Beach in 2000, with additional dismembered remains found in 2011, according to the Suffolk County police.

Persons: Rex Heuermann, Heuermann, Steve Bellone, Shannan Gilbert, Eduardo Munoz Alvarez, Jane Doe, “ Jane Doe, Valerie Mack, ” Organizations: CNN, Suffolk County DA’s, New, RH, & Associates, Associates, YouTube, FBI, Investigation Task Force, ”, Police, Craigslist, South Shore . Law, AP Authorities, police Locations: York, Long, Massapequa, Suffolk, New York City, Long Island, Manhattan, Gilgo Beach . Suffolk County, Gilgo, Jersey City , New Jersey, Oak Beach, South Shore, Gilgo Beach, Nassau County, Philadelphia, Suffolk County

☆ Inside the furious debate over New York City's new tax on drivers, which New Jersey Democrats are fighting against tooth and nail
▼ + stars: | 2023-07-02 | by ( Eliza Relman | ) www.businessinsider.com time to read: +11 min

Long gone are the days of eerily deserted Manhattan streets as New York City ground to a near-halt during the height of the COVID-19 pandemic. Cars fill Midtown amid the coronavirus pandemic on March 19, 2021 in New York City. The Empire State Building and Tourist District are seen while Traffic jam is reported along the route to New York City on August 17, 2022, in Jersey City, New Jersey. Komanoff said most congestion pricing advocates agree — they don't want drivers who enter lower Manhattan through the tunnels to pay the full congestion toll. But congestion pricing still has a long way to go, particularly as long as New Jersey leaders stand in the way.

Persons: Kathy Hochul's, Long, Kathy Hochul, Gottheimer, Jersey Sen, Bob Menendez, Phil Murphy, Noam Galai, it's, Charles Komanoff, Komanoff, Sam Schwartz, Eduardo Munoz Alvarez, George Washington, Sen . Menendez, Bill Pascrell, Schwartz, Hochul, Murphy, Sarah Kaufman, University's, Ritchie Torres, Tom Williams, Torres, he's Organizations: Gov, New, New Jersey Democrats, Morning, Metropolitan Transportation Authority, New York Gov, Central Business District, Federal Highway Administration, MTA, Democratic, New York Supporters, New York, Mexico City, George Washington Bridge, Center for Transportation, New York Rep, Garden, Komanoff, Democratic Rep Locations: New York City, Manhattan, New Jersey, ., Jersey, New York, New, London, Stockholm, Singapore, York, Toronto, Mexico, Seattle, Los Angeles, Chicago, Boston, Jersey City , New Jersey, Holland, Lincoln, Bronx

☆ Wall Street's most important workers you've never thought of
▼ + stars: | 2023-05-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

And on Wall Street, where the volume of information continues to rise, application design and user interface is taking center stage. User interface and user experience have long been underappreciated in finance, which is ironic considering the public nature of the work. Read more about Citadel X, the $57 billion hedge fund's user experience and interface team. If you're still trying to understand the collapse of yet another regional bank, we've got you covered. The German bank is building out its investment bank as it eyes a potential return of M&A, the Financial Times reports.

☆ Actor Kevin Spacey faces more sexual assault charges in Britain
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +1 min

LONDON, Nov 16 (Reuters) - Britain's Crown Prosecution Service (CPS) has authorised seven additional charges against Oscar-winning actor Kevin Spacey for a number of sexual assaults against one man between 2001 and 2004, it said on Wednesday. The new CPS charges include one of causing a person to engage in sexual activity without consent and others of indecent and sexual assault. Spacey, 63, was previously accused of five offences in Britain - four counts of sexual assault by touching, and a more serious charge of causing a person to engage in penetrative sexual activity without consent. 71st Tony Awards – Arrivals – New York City, U.S., 11/06/2017 - Actor Kevin Spacey. Spacey's defence lawyer in Britain, Patrick Gibbs, did not immediately respond to an email seeking comment on the latest charges.

☆ Manhunt underway for ‘armed and dangerous’ suspect who shot 2 New Jersey police officers, officials say
▼ + stars: | 2022-11-02 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A manhunt is underway for a suspect who shot two police officers at close range and left them hospitalized in Newark, New Jersey, on Tuesday, officials said. Police are searching for Kendall Howard, 30, describing him as “armed and dangerous” in connection with the Tuesday shooting. Police at the scene where two officers were shot, in Newark, N.J., on Nov. 1, 2022. Newark Mayor Ras Baraka said that a concerned citizen called police regarding a suspect in a previous shooting that took place Oct. 28. The other officers was shot in the leg and also remains hospitalized in stable condition.

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