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☆ New York AG says $175 million Trump fraud bond isn't properly backed, should be voided
▼ + stars: | 2024-04-19 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Former President Donald Trump returns from a lunch break at Manhattan criminal court as jury selection continues in New York, NY on Thursday, April 18, 2024. The filing opposes a joint motion by Trump and KSIC to justify the insurer as the surety company holding the bond. Lawyers for AG Letitia James asked Judge Arthur Engoron to require Trump and other defendants to put up a replacement bond within seven days of ruling on the issue. Trump personally was ordered to pay $454 million in damages, an amount that is growing every day with interest. Trump was required under New York law to post a bond to guarantee the judgment as he appeals the decision.

Persons: Donald Trump, Trump, KSIC, AG Letitia James, Judge Arthur Engoron, Engoron Organizations: Manhattan, The New York Attorney, Knight Specialty Insurance, Trump, AG, Trump Organizations, New Locations: New York, NY, Manhattan

☆ 'Mary & George': the Scandalous True Story Behind the Starz Series
▼ + stars: | 2024-04-13 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +8 min

"Mary & George" takes viewers inside the raucous 17th century court of Britain's King James I. AdvertisementNicholas Galitzine as George Villiers in "Mary & George." Tony Curran as King James and Nicholas Galitzine as George Villiers in "Mary & George." Nicholas Galitzine as George Villiers in "Mary & George." "Mary & George" is released weekly on Fridays at midnight on the Starz app and the Starz linear channel at 9 p.m. ET/PT.

Persons: Mary, George, Britain's King James I, —, Long, Kris Kardashian, Mary Villiers, Julianne Moore, Nicholas Galitzine, Tony Curran, Countess, Duke of Buckingham, Benjamin Woolley's, James I, England's James I, Scotland's James VI, George Villiers, Mary Villiers's, Sir George Villiers, Moore, what's, James, Robert Carr, Earl of Somerset, Laurie Davidson, King James, Carr, Alan Stewart, King James I, Marquess of Buckingham, George Villiers's, George reminisced, King James Until James, Katherine Manners, Earl of Rutland, Katherine, Starz Mary, Woolley, poultices, King Charles I, Charles Organizations: Service, Starz, Royal, Farnham, BBC, Smithsonian Magazine Locations: France, England, Scottish, London, Surrey, Britain

☆ As Trump's $454 million fraud judgment deadline looms, son Eric gripes 'they want to bankrupt him'
▼ + stars: | 2024-03-24 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

"They're trying to deprive him of his cash, they want to bankrupt him, they want to hurt him so badly," Eric Trump told Fox News in an interview. Trump's son Eric, a co-defendant in the fraud case, accused Attorney General Letitia James on Sunday of trying to bankrupt his father with the judgment. Eric's complaint came days after news that James's office had registered the massive fraud judgment with the Westchester County, New York, county clerk's office. Donald Trump Jr. and Eric Trump have run their father's company since he was elected president in 2016. Losers in New York civil cases must routinely post an appeal bond or be liable for the judgments against them as they appeal a verdict.

Persons: Donald Trump, Morton, Barbara Mandel, Eric Trump, Donald Trump's, James, Eric, Letitia James, Donald Trump Jr, Arthur Engoron, Trump, Engoron Organizations: U.S, Center, Fox News, Trump Organization, Trump Locations: Palm Beach , Florida, York, Westchester County , New York, Trump's, Springs, Manhattan, New York

☆ Searching for your Irish ancestry? Guinness’ archives could help you reconnect with your roots
▼ + stars: | 2024-03-08 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +6 min

“It’s, unfortunately, one of the biggest barriers to Irish family history research,” says Crista Cowan, corporate genealogist for Ancestry. The 1.6 million records come from what might sound like a surprising source: the archives of Ireland’s famed Guinness brewery. The Guinness brewery has a storied pastResearchers combing through the newly released files might stumble upon some celebrity connections, too. Courtesy Guinness Archive, Diegeo IrelandArthur Guinness signed a 9,000-year lease on a Dublin brewery in 1759. Courtesy Guinness Archive, Diageo IrelandWorkers generally entered the Guinness workforce at age 14, according to a description of the records on the company’s website.

Persons: “ It’s, ”, Crista Cowan, they’ll, Patrick’s, Cowan, ” Cowan, “, who’s, John O’Brien, Liam Neeson, Graham Norton, Bono, Arthur Purcell, who's, Purcell, Arthur Guinness, “ Guinness, …, Eibhlin Colgan, ” Guinness, Guinness, ‘ Organizations: CNN, Public Records, Ireland’s, Guinness, Diegeo, Records, Brewery, Diageo, Diageo Ireland Workers Locations: Dublin, St, Ireland, Diegeo Ireland, United Kingdom, United States, Diageo Ireland, James’s, James's

☆ British banker Jacob Rothschild dies aged 87
▼ + stars: | 2024-02-26 | by ( ) www.cnbc.com time to read: +2 min

Jacob Rothschild attending the Belle Epoque Gala Dinner at The National Gallery on March 16, 2006 in London, England. British financier Jacob Rothschild, a senior member of one of Europe's best-known banking dynasties, has died at the age of 87, his family announced on Monday. Rothschild was also known for being a long-standing patron of the arts, and was trustee of Britain's National Gallery between 1985 and 1991. Ed Vaizey, Britain's former culture minister, paid tribute to Rothschild on X, describing him as one of the country's greatest cultural philanthropists. The Rothschild banking family traces its roots back to 18th century Frankfurt, from where different family members moved to cities across Europe to build out banking businesses.

Persons: Jacob Rothschild, Rothschild, St James's, Ed Vaizey Organizations: Belle, UK's Press Association, NM Rothschild, Sons, Rothschild Assurance Group, St, RIT Capital Partners, Rothschild Foundation Locations: London, England, British, Israel, NM, Waddesdon, Frankfurt, Europe

In addition to the $355 million penalty — payback of what the judge deemed “ill-gotten gains” from his spurious financial statements — Trump is required to pay interest on that amount. James’ office calculates that, to date, Trump owes an additional $98.6 million in interest, bringing his total penalty to $453.5 million. Trump used $170 million of the $375 million to pay off a loan on the property. — $60 million, plus interest, from selling the rights to manage a New York City golf course in June 2023. Trump testified that regardless of what his financial statements said, banks did their own due diligence and would’ve qualified him for the loans anyway.

Persons: Donald Trump, “, ”, Arthur Engoron, Letitia James, who’s, Trump, who's, Friday's, what's, Engoron, James ’, Allen Weisselberg, Jeffrey McConney, — Trump, Eric, Donald Trump Jr, Donald Jr, untethered, ” Trump, Christopher Kise, would’ve, James, Engoron’s, Barbara Jones, Michael Cohen, Cohen, —, Forbes, Trump “, ” Engoron, Michael Cohen's Organizations: Republican, Trump, Trump Organization, longtime Trump Organization, TRUMP, New, Deutsche, Trump International Hotel, Waldorf, Bally's Corporation, Trump Organization finance, Division, Democrat Locations: New York, New, Manhattan, Lago, Florida, Miami, Chicago, Washington, New York City, Engoron’s, York, Trump

☆ UK economy has been in a bad position for more than a year, researcher says
▼ + stars: | 2024-02-15 | 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 EmailUK economy has been in a bad position for more than a year, researcher saysHetal Mehta, head of economic research at St James's Place, discusses the U.K. entering a recession in the fourth quarter and longer-term issues.

Persons: Hetal Mehta Locations: James's

☆ King Charles’ cancer diagnosis: How much should the public be told?
▼ + stars: | 2024-02-07 | by ( Lauren Said-Moorhouse | Max Foster | ) edition.cnn.com time to read: +26 min

King Charles and Queen Camilla are seen leaving Clarence House in London on February 6, the day after it was announced King Charles had been diagnosed with cancer. But Queen Elizabeth and King Charles, they do not want to become the story, they still want to serve their public. In the fullness of time, I would like to think King Charles will talk about his treatment.”Britain's King Charles III poses for a portrait in Buckingham Palace's Throne Room after his official coronation in May 2023. From left are Camilla, Duchess of Cornwall; Prince Charles; Queen Elizabeth II; Prince Philip; Prince William; and Catherine, Duchess of Cambridge. From left are Prince Charles; the Queen; Prince Louis; Catherine, the Duchess of Cambridge; and Princess Charlotte.

Persons: London CNN — Britain’s King Charles III, Buckingham, Charles, King Charles, Queen Camilla, Clarence, Toby Melville, King, Rishi Sunak, Sunak, “, Sunak’s, Charles ’, Chris Jackson, ”, Kate Williams, Joe Biden, Matthew Chattle, survivorship, “ Jill, “ You’re, Anil Rustgi, Herbert, ” Rustgi, Sally Bedell Smith, George VI, ” King George VI, Prince Charles, Prince Harry, Emily Nash, It’s, Princes William, Harry, Andrew, Edward, Anne, Beatrice, Nash, Princess, Wales, She’s, hasn’t, Catherine, ” Williams, Kristina Kyriacou, ITV’s, They’ve, Kyriacou, she’d, Queen Elizabeth, ” Britain's King Charles III, Hugo Burnand, Princess Elizabeth, Elizabeth, Prince Philip, Prince Charles and Princess Anne, Eddie Worth, Margaret, Hulton, Sir Gerald Creasy, Paul Popper, Princess Margaret, Queen Elizabeth II, Prince, Popperfoto, Prince Edward, Princess Anne, Richard Nixon, William Lovelace, Serge Lemoine, David McFall, Anwar Hussein, Tim Graham, Camilla Parker Bowles, Lady Diana Spencer, Princess Diana, William, Diana, David Levenson, Johnny Eggitt, Nelson Mandela, David Thomson, Princess Diana's, Jayne Fincher, Thomas Coex, Adrian Dennis, Chris Ison, Prince of, Camilla, Matt Dunham, Prince William, Kate Middleton, James Devaney, FilmMagic, Andrew Milligan, Barack Obama, Chris Radburn, Duchess of Cornwall, Catherine , Duchess of Cambridge, Dominic Lipinski, Alessandro Bianchi, Mohd Rasfana, Andrew Parsons, Prince Charles , Prince Andrew, Duchess Camilla, Meghan Markle, Jonathan Brady, Max Mumby, He's, Prince George, Princess Charlotte, Prince Louis, Meghan, PoolAP Charles, Tim P, Paul Chiasson, Ben Stansall, Duchess, Cambridge, Hannah McKay, Reuters Charles, Liz Truss, Yui Mok, Queen Consort, Victoria Jones, Volodymyr Zelensky, Zelensky, Aaron Chown, Handout, Dan Kitwood, Andrew Matthews, Sarah Tilotta, Toby Hancock, CNN Charles, Giles, Jane Barlow, Emmanuel Macron, Benoit Tessier, Peter Nicholls, Britain's King Charles III, Estelle Paranque Organizations: London CNN, Clarence House, Reuters, CNN, BBC, British, Getty, Royal, Publishing, Macmillan Cancer, Cancer Research, Herbert Irving Comprehensive Cancer, Presbyterian, Columbia University Irving Medical Center, Topical Press Agency, Royals, CNN’s Royal, Buckingham Palace, Central Press, Hulton, Hulton Deutsch, Westminster Abbey, Keystone, Royal Navy, Queen, Trinity College , Cambridge, Bettmann, Hulton Royals, Cheshire Regiment, Spice, Westminster Hall, Royal Horticultural Society's, Chelsea, London Palladium, BBC Scotland's, Office, Zephyr, Army Air Corps, Sandringham, Royal Air Force, Whitby, Imperial State Crown, Royal Military Academy Sandhurst, Cathedral, Scotland, King, London Clinic, Northeastern University London Locations: London, British, Dubai, United Arab Emirates, Buckingham Palace, United Kingdom, NewYork, Queen, Windsor, Wales, Buckingham, Malta, Westminster, France, Washington, Kenya, West Berlin, Canada, Cirencester, England, Canterbury, India, Manchester, Papua New Guinea, Toronto, AFP, Balmoral, Balmoral , Scotland, Paris, Ashbourne, Ranville, Prince of Wales, Amatrice, Borneo, St, John's, Newfoundland, Labrador, Nyamata, Rwanda, St James's, Hamburg, Germany, Edward's, Edinburgh, Scotland, of Versailles, Versailles

☆ Donald Trump paid more than $2.3 million in donor money to law firms helping Ivanka Trump with her legal problems last year
▼ + stars: | 2024-02-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +9 min

In 2023, Save America disbursed a total of $1,303,667.11 to the law firm Troutman Pepper Hamilton Sanders, and $1,042,479 to the firm Kellogg, Hansen, Todd, Figel, & Frederick. AdvertisementBoth firms represented Ivanka Trump in New York Attorney General Letitia James's sprawling lawsuit against the Trump Organization, Donald Trump, his three eldest children, and several executives over its finances. Clifford S. Robert and Michael Farina of Robert & Robert served as their local counsel while also defending Eric Trump and Donald Trump, Jr. in the litigation. Kellogg and Figel withdrew from representing Ivanka Trump the following month as the case moved closer to trial. Ivanka Trump didn't respond to a request for comment.

Persons: —, Donald Trump, Ivanka Trump, Robert, — Ivanka Trump, Eric Trump, Donald Trump , Jr, Trump, He's, Robert Maguire, Maguire, Troutman Pepper Hamilton Sanders, Kellogg, Hansen, Todd, Figel, Frederick, Ivanka, Letitia James's, Michael K, Kellogg Hansen, Reid M, Clifford S, Michael Farina, Farina, Lev Radin, Troutman Pepper, Bennett S, Moskowitz, Jeffrey Epstein's, Ketan D, Bhirud, Trump's, Arthur Engoron, Jane Rosenberg, wasn't, Moskowitz —, general's, Michael Cohen, Jared Kushner, Amalija Knavs, Robert didn't, It's, Kushner Organizations: Service, Save America PAC, Commission, Business, PAC, Trump Organization, Save, Trump, Citizens, Election Defense Fund, Ivanka Trump, New York, Pacific Press, Getty, Ivanka Trump's, New, Trump's Save America PAC, Court, REUTERS, America, MAGA PAC, Republican Locations: Washington, New, New York, DC, Manhattan, New York City, U.S, Florida, Palm Beach , Florida

☆ The man who shadowed King Charles for a year describes what life for the royal is really like
▼ + stars: | 2024-02-01 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +8 min

The British journalist shadowed King Charles for the BBC documentary, "Charles III: The Coronation Year." (In the US, it's retitled "The Making of a King: King Charles III and the Modern Monarchy.") Prince Charles, Prince Andrew, and Princess Anne ended their respective marriages, and the royal family's largest residence, Windsor Castle, was severely damaged in a fire. King Charles III and Queen Camilla stand on the Buckingham Palace balcony during the Coronation of King Charles III and Queen Camilla on May 6, 2023. King Charles (Dominic West) and Camilla Parker-Bowles (Olivia Williams) in "The Crown" season six.

Persons: —, King Charles, Hardman, Charles, That's, Charles III, Princess Anne, Queen Camilla's, Annabel Elliott, it's, King Charles III, Hardman didn't, Sarah, Duchess, York, Princess Beatrice, Princess Eugenie, Tim Graham, Queen Elizabeth II, . Prince Charles , Prince Andrew, Queen Elizabeth's, Queen Camilla, Brandon Bell, Prince, Wales, Duke of Rothesay, King Charles III —, Queen, King Charles and Prince William, Chris Jackson, REUTERS Hardman, Charles wouldn't, Dominic West, Camilla Parker, Bowles, Olivia Williams, Netflix Hardman, Camilla, he's, Robert Hardman, Queen Elizabeth, Prince Harry, Meghan, Princess Lilibet, Duke, Duchess of Sussex, Prince William, RICHARD POHLE, Omid Scobie, Duchess of, Scobie, Gyles, Elizabeth, Brandreth, they've Organizations: Service, Netflix, Business, BBC, New, Daily Telegraph, Getty, Getty Images, REUTERS, Royal Archives, Abbey, Scobie, Pegasus Locations: British, London, Swiss, York, Klosters, Windsor, Balmoral, Buckingham, Scotland, St James's, propping, Duchess of Sussex

☆ New York AG pushing for lifetime Trump ban cites Martin Shkreli ruling
▼ + stars: | 2024-01-23 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Martin Shkreli, former chief executive officer of Turing Pharmaceuticals AG, exits court in New York, US, on Wednesday, Oct. 4, 2023. What does former President Donald Trump have in common with "Pharma bro" Martin Shkreli? A penchant for harshly trolling their enemies online and an attorney general who wants both of them banned for life from their preferred business. The ruling stemmed from an antitrust lawsuit James, the Federal Trade Commission, and six other states filed against Shkreli. James, in that case, asked Judge Arthur Engoron to ban Trump for life from the New York real estate industry and to bar his sons, Donald Trump Jr. and Eric Trump, from that sector for five years, along with fining them $360 million.

Persons: Martin Shkreli, Donald Trump, Pharma bro, Letitia James's, James, Judge Arthur Engoron, Donald Trump Jr, Eric Trump, Engoron, Colleen Faherty Organizations: Turing Pharmaceuticals AG, Pharma, New York, Shkreli, Trump, U.S, Circuit, New York federal, Federal Trade Commission, New Locations: New York, Manhattan, Fed

☆ Andrew Cuomo is suing Letitia James to release interviews from bombshell sexual harassment report
▼ + stars: | 2024-01-20 | by ( Hannah Getahun | Associated Press | ) www.businessinsider.com time to read: +3 min

Andrew Cuomo sued New York Attorney General Letitia James in state court on Thursday. Cuomo is asking that interviews from James's 2021 sexual harassment report be released. Andrew Cuomo is suing state Attorney General Letitia James in an effort to force her to release interviews from the damaging sexual misconduct investigation that led to his resignation. He and his backers have repeatedly criticized James and the sexual misconduct investigation as unfair. In September 2022, Cuomo filed a 48-page complaint with the state's Attorney Grievance Committee, asking that the courts investigate James.

Persons: Andrew Cuomo, Letitia James, Cuomo, —, James, Charlotte Bennett, Tish's Organizations: New York, Service, Former New York Gov, CBS News, Democratic Party Locations: New York

☆ The family of a Mississippi high school football player who died after being forced to practice in 103-degree heat is now suing the school district
▼ + stars: | 2024-01-19 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +5 min

Read previewThe parents of a Mississippi high school football player are suing his school district after he died when coaches made him sprint in extreme heat conditions. AdvertisementAthletes under 30 can also be at risk of cardiac arrest during intense competition. Also in August, a top high school basketball player died in Pinson, Alabama, after going into cardiac arrest during a school workout. And a high school football player in Scottsdale, Arizona was sidelined in September after going into cardiac arrest during a workout . Another USC player, Vince Iwuchukwu, went into sudden cardiac arrest during a practice in July 2022, according to CNN .

Persons: —, Trey Laster, Laster, Ben Crump, vomited, Crump, Michael Strecker, LeBron James's, Bronny James, James, Vince Iwuchukwu, Keyontae Johnson Organizations: Service, Business, Rankin County School District, Rankin County School, British, of Sports Medicine, New Hampshire Public Radio, University of Southern, USC, CNN, NCAA Men's Division, Oklahoma City Thunder, University of Florida Locations: Mississippi, Rankin, Maine, New, Pinson , Alabama, Scottsdale , Arizona, University of Southern California

☆ Trump has laid the groundwork for a US Supreme Court challenge in his NY civil fraud case: experts
▼ + stars: | 2024-01-13 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

On their way to the US Supreme Court, Trump's lawyers would first need to exhaust their New York state appellate options. AdvertisementNew York Supreme Court Justice Arthur Engoron presided over closing arguments in the Trump civil fraud trial. Shannon Stapleton/ReutersThrowing the case to the US Supreme Court could, at the least, delay the imposition of penalties, Scholl said. It's unlikely the US Supreme Court would throw out New York's executive law in its entirety, he predicted. But the court could quite possibly pare back, at least in Trump's case, its most severe penalties.

Persons: —, Donald Trump, Letitia James's, Trump, Shannon Stapleton, SCOTUS, Marc Frazier Scholl, Trump's, Scholl, Lewis Baach Kaufmann Middlemiss, Jane Rosenberg, it's, James, Arthur Engoron, pare, Letitia James, Christopher Kise, Donald Trump's, Kise, Alina Habba, Clifford Robert . Pool, Adam S, Kaufmann, There's, President Trump Organizations: Service, York, New York, Trump, Business, Court, Reuters, Manhattan, Attorney's, New, Appeals, Trump Organization, US, Fifth Locations: Manhattan, New York, York, Florida

☆ Jerusalem Christians rally round Armenian Church over land deal
▼ + stars: | 2023-11-19 | by ( Crispian Balmer | ) www.reuters.com time to read: +4 min

An Armenian priest enters a church at the monastery compound in the Armenian Quarter in Jerusalem's Old City June 8, 2010. The Armenian community says the investor behind the land lease deal is an Australian-Israeli businessman Danny Rubinstein, who owns a company registered in the United Arab Emirates - Xana Capital Group. Israel captured East Jerusalem, including the Old City, from Jordanian forces in a 1967 war. "We are aware of a plan to encircle the outside the Old City with settlement projects. We suspect this Armenia Quarter deal is meant to be a continuation of this plan inside the city walls," Seidemann told Reuters.

Persons: Ammar Awad, Danny Rubinstein, Rubinstein, Hagop Djernazian, Daniel Seidemann, Seidemann, Crispian Balmer, Andrew Heavens Organizations: REUTERS, Armenian, Synod, Roman Catholic Churches, United Arab Emirates, Xana Capital, Catholic, Jerusalem's, Reuters, Thomson Locations: Jerusalem's Old, Jerusalem, JERUSALEM, Old City, Ottoman, Australian, Armenia, James's, City, Israel, East Jerusalem, Jordanian

☆ An appeals court lifted Trump's gag order, clearing the way for him to insult the judge's staff again
▼ + stars: | 2023-11-16 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

An appellate judge in New York temporarily lifted Trump's limited gag order in his NY fraud trial. The gag had barred Trump and his lawyers from spoken or written attacks on the judge's law staff. AdvertisementOn November 3, Engoron extended the gag order to include Trump's lawyers after Trump's lawyers made what the judge called "on the record, repeated, inappropriate remarks" about the same clerk. Trump and his lawyers are now free to make written and spoken criticisms of the judge's staff members pending the full appellate decision. Trump's lawyers must respond by November 27, after which a full panel of the New York Appellate Division's First Department will decide if the gag stays or goes permanently.

Persons: Trump, —, Donald Trump, Arthur Engoron, Alina Habba, overreach, Habba, Chuck Schumer, Engoron, Christopher Kise, David Friedman, Friedman, Lisa Evans Organizations: Service, Trump, New, Appellate, Department Locations: New York

☆ Morgan Stanley's Pick and Gorman talk succession, strategy and challenges
▼ + stars: | 2023-10-26 | by ( Tatiana Bautzer | Thomson Reuters | Tatiana Bautzer Is A U.S. Banking Correspondent At Reuters In New York. She Previously Covered Banks In Brazil | ) www.reuters.com time to read: +3 min

Companies Morgan Stanley FollowNEW YORK, Oct 25 (Reuters) - Morgan Stanley's (MS.N) current CEO James Gorman and incoming CEO Ted Pick spoke with Reuters about the company's leadership succession and strategy. On strategy: "There is no change in strategy. JAMES GORMANOn Pick: "We picked (Pick) because he's had a long history of showing he's an exceptional operator. It takes, it takes enormous resilience and mental toughness, and he's got that." I chair Columbia Business School, I have a role at University of Melbourne, and I'll do a bit of that.

Persons: Morgan Stanley, Morgan Stanley's, James Gorman, Ted Pick, Gorman, we've, James, Smith Barney, Eaton Vance, We've, Andy Saperstein, Dan Simkowitz, Dan, Andy, JAMES GORMAN, he's, Ted, Tatiana Bautzer, Lananh Nguyen, Sonali Paul Organizations: Reuters, TED, Columbia Business School, University of Melbourne, DOJ, SEC, Thomson

☆ Meta's harmful effects on children is one issue that unites Republicans and Democrats
▼ + stars: | 2023-10-24 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

While Republican and Democratic lawmakers appear more incapable than ever of working together to pass legislation, they largely agree on one thing: Meta's negative impact on children and teens. Another nine attorneys general are also filing lawsuits in their respective states. "Meta has profited from children's pain by intentionally designing its platforms with manipulative features that make children addicted to their platforms while lowering their self-esteem. Meanwhile, Tennessee's Republican Attorney General Jonathan Skrmetti noted that polarization in politics is unlike anything this country has seen "since the Civil War." Yet Skrmetti is firmly in James's camp when it comes to Meta.

Persons: Mark Zuckerberg, Chuck Schumer, Faceboook's, Letitia James, Meta, Jonathan Skrmetti, Skrmetti, Matt Gaetz, California's Kevin McCarthy, Joe Biden Organizations: Facebook, Intelligence, Senate, U.S, Capitol, Washington , D.C, Republican, Democratic, Meta, Representatives, Republicans, GOP Locations: Washington ,, Florida

☆ UK inflation holds steady for September after Bank of England pauses rate hikes
▼ + stars: | 2023-10-18 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

LONDON — U.K. inflation came in at 6.7% in September, slightly ahead of expectations and unchanged from the previous month. For August, the U.K. consumer price index surprised with a dip to 6.7%, below expectations, which sparked the Bank of England to end a run of 14 straight interest rate hikes. The bank had been hiking rates consistently since December 2021 in a bid to rein in inflation, taking its main policy rate from 0.1% to a 15-year high of 5.25% in August. The market is pricing around a 77% chance that the Bank holds rates steady again at its next meeting on November 2nd. For now, the higher for longer interest rate narrative will continue to persist," he said Wednesday in an emailed note.

Persons: Jeremy Hunt, Marcus Brookes, Brookes, Hetal Mehta, BoE Organizations: LONDON, Reuters, National Statistics, Chancellor, Bank of, Bank, Quilter Investors, Bank of England's, Bank of England Locations: Canary, London, Bank of England, British, James's

☆ UK stocks fall after Bailey's hawkish tone on interest rates
▼ + stars: | 2023-10-13 | by ( Khushi Singh | ) www.reuters.com time to read: +2 min

The commodity-focussed FTSE 100 (.FTSE) was down 0.1%, while the mid-cap index FTSE 250 (.FTMC) lost 0.5%. The yield on the UK benchmark bond edged higher after Bailey's comments but remained lower for the day at 4.402%. "Although higher dollar and yields would typically weaken gold, the geopolitical concerns are pushing gold higher," said Giles Coghlan, chief market analyst at GCFX. Industrial metal miners (.FTNMX551020) also advanced 0.6% following a rise in copper prices. UK wealth manager St James's Place (SJP.L) was pushed by regulators to overhaul fees, with the stock tumbling 13.5% to the bottom of the FTSE 100.

Persons: Toby Melville, Ashmore, Andrew Bailey, BoE Governor Andrew Bailey, Giles Coghlan, Coghlan, St James's, Khushi Singh, Sonia Cheema, Sohini Organizations: London Stock Exchange, REUTERS, Bank of England, Mining, Shell, BP, St, Thomson Locations: Canary Wharf, London, Britain, James's, Iran, Israel, China, Bengaluru

A New York appeals court on Friday refused to stay the ongoing civil business fraud trial of Donald Trump and his company, but did halt a judge's order to cancel the business certificates of Trump's companies in the state. The ruling came after Trump's business fraud trial ended its first week of proceedings in Manhattan Supreme Court. New York Attorney General Letitia James had opposed halting Trump's trial pending his appeal of a judge's pretrial ruling that he was liable for business fraud in the case. The ongoing trial is dealing with James's $250 million lawsuit against Trump, the Trump Organization, his two adult sons and top company executives. Engoron had canceled the business certificates of Trump's companies as part of that finding.

Persons: Donald Trump, Letitia James, James, hadn't, Christopher Kise, Arthur Engoron, Engoron, —, Kevin Breuninger Organizations: U.S, Trump Organization, . New York, Trump, Department, New, Manhattan Supreme Locations: New York City, York, Manhattan, ., New York

☆ Trump and family deny responsibility for fudging Trump Org numbers in previously unseen deposition video shown by New York AG at trial
▼ + stars: | 2023-10-02 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementLawyers from the New York Attorney General's office confronted former President Donald Trump in court Monday, showing a previously unseen deposition video where he denies responsibility for the property valuations in his own company. Moments earlier, Kevin C. Wallace, the attorney general's office lawyer presenting the opening statement, had shown a different deposition video of Weisselberg. Another lawyer from the attorney general's office asked if he was familiar with GAAP. The juxtaposition got to the heart of New York Attorney General Letitia James's lawsuit against Trump, Eric Trump, Donald Trump Jr., Weisselberg, and executive Jeff McConney. Cohen is scheduled to testify as a witness against Trump later in the New York trial, which is set to last until December 22.

Persons: Donald Trump, Eric, Don Jr, Trump, —, Allen Weisselberg, Kevin C, Wallace, Weisselberg, Letitia James's, Eric Trump, Donald Trump Jr, Jeff McConney, Letitia James Getty, Jean Carroll, Michael Cohen, Cohen, James, Jason Miller, Steven Cheung, doze, Chris Kise, Arthur Egoron, who's, Arthur Engoron, Engoron Organizations: Service, New York Attorney, Trump Organization, Trump, York, New York, Wharton Locations: New York, Manhattan, Florida

☆ Watch the deposition tapes of Donald Trump, Don Jr., Eric Trump, Michael Cohen, and Allen Weisselberg in the NY civil fraud case
▼ + stars: | 2023-10-02 | by ( Kelsey Vlamis | Jacob Shamsian | ) www.businessinsider.com time to read: +2 min

Donald Trump's New York civil fraud trial kicked off on Monday. Clips from the depositions of Trump, his adult sons, Michael Cohen, and Allen Weisselberg were shown. AdvertisementAdvertisementFormer President Donald Trump's civil fraud trial in New York kicked off Monday, featuring video depositions from several of the Trumps. In its opening statement, New York Attorney General Letitia James's office included the deposition tapes of Trump and his sons Donald Trump Jr. and Eric Trump. Trump, his adult sons, and Ivanka Trump are also expected to testify as witnesses in the trial, which is expected to last until late December.

Persons: Donald Trump's, Trump, Michael Cohen, Allen Weisselberg, —, Arthur Engoron, Letitia James's, Donald Trump Jr, Eric Trump, Ivanka Trump Organizations: Service, New York, Trump Organization Locations: York, New York

[1/2] Former U.S. President Donald Trump departs from Trump Tower to give a deposition to New York Attorney General Letitia James who sued Trump and his Trump Organization, in New York City, U.S., April 13, 2023. James has accused Trump of repeatedly lying in financial statements to obtain better terms on loans and insurance. Last week, Trump accused James of ignoring the decision and Engoron of refusing to implement it, and said the trial should be delayed. She said even a brief delay "would likely wreak havoc" on the trial and other trials that Trump faces. James' lawsuit seeks to bar Trump and his adult sons Donald Jr. And Eric from running businesses in New York.

Persons: Donald Trump, Letitia James, Trump, Mike Segar, Donald Trump's, Letitia James's, James, Arthur Engoron, Trump's, Ivanka Trump, Engoron, Donald Jr, Eric, Karen Freifeld, Jonathan Stempel, Daniel Wallis, Chizu Organizations: U.S, Trump Tower, New York, Trump Organization, REUTERS, Companies Trump Organization, Trump, Thomson Locations: New, New York City, U.S, New York, Manhattan, Lago, Florida

EU fiscal rules underpin the value of the euro used by 20 countries and set a limit on budget deficits of 3% of GDP and a public debt limit of 60% of GDP. However, most EU countries exceed these limits as two years of the COVID-19 pandemic and the energy price crisis have both required massive government spending. The main clash is between Germany, which wants annual debt reduction benchmarks that are the same for all, and France, which believes individually negotiated debt reduction paths are the way to go and that one-size-fits-all policies do not work. She said 70% of the text of the new rules has been agreed in technical work over the summer. Reporting by Maria Martinez, Belen Carreno and Jan Strupczewski, writing by Jan Strupczewski; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Valdis Dombrovskis, Dombrovskis, James, Nadia Calvino, Calvino, Maria Martinez, Belen Carreno, Jan Strupczewski, Jason Neely Organizations: SANTIAGO DE, Union, Saturday, Spanish, Thomson Locations: SANTIAGO, SANTIAGO DE COMPOSTELA, Spain, Spanish, Santiago, Santiago de Compostela, Germany, France, Ukraine

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