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☆ When my son got engaged, I was forced to take a backseat in his life. It was an adjustment for me, but it was worth it.
▼ + stars: | 2024-05-10 | by ( Melissa Drake | ) www.businessinsider.com time to read: +4 min

Read previewOur immediate family has been small for most of my son's life — just the two of us. AdvertisementI wanted something different for my son and his familyWhile I'm still very privileged and have a front-row seat to my son's life, I don't take any of it for granted, nor does my son. I know I'm not entitled to be the leader in his life. It's interesting to let go of control and allow my son lead my position in his life. I couldn't ask for a better partner for my son, and I can't wait to see how life unfolds for them.

Persons: —, I've, I'm, he's, Johnathan, Stephanie, it's Organizations: Service, Business

☆ U.S. Judge Backs U.K. Request to Extradite ‘Irish Heiress’ Who Swindled Producer
▼ + stars: | 2024-05-09 | by ( Isabella Kwai | ) www.nytimes.com time to read: +1 min

Her elaborate schemes, among them posing as the heiress to an Irish fortune, swindled people out of huge sums and left Marianne Smyth with two felony convictions. Ms. Smyth became known as the “Irish heiress” after one of her former victims, Johnathan Walton, started a podcast in 2021 about his experience. The two became close friends after meeting in 2013, and Mr. Walton, a reality television producer, said that Ms. Smyth had claimed to be from a prominent Irish family. But she was facing money problems, she told him, and was battling relatives in Ireland over an inheritance worth tens of millions of dollars. Sympathetic, Mr. Walton lent her money and the use of his credit card, an amount that totaled more than $63,000.

Persons: Marianne Smyth, Smyth, ”, Johnathan Walton, Walton Organizations: U.S . Marshals Service Locations: American, Northern Ireland, U.S, Maine, Irish, Ireland

☆ Who's winning the Drake vs. Kendrick Lamar showdown? Here's what critics are saying
▼ + stars: | 2024-05-01 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +9 min

Read previewDrake and Kendrick Lamar were once considered collaborators, perhaps even friends. Over the years, however, Drake and Lamar came to represent very different versions of hip-hop greatness: the former is a commercial juggernaut, racking up No. Today, their separation is more apparent than ever: Drake and Lamar have become all-out foes. AdvertisementIn the former, Drake mocks Lamar's height with a reference to his latest Grammy-winning album, "Mr. Morale & the Big Steppers." "I hate the way that you walk, the way that you talk, I hate the way that you dress."

Persons: —, Drake, Kendrick Lamar, Lamar, who's, it's, Lamar's, Cole's, Aubrey, Cole, Aubrey Graham, Taylor, Tupac Shakur, Angel Diaz, Sowmya Krishnamurthy, Krishnamurthy, Alphonse Pierre, Pierre, Pusha, Drake teardowns, DMX, Hunter Harris, Lamar's catty, Zoe Guy, Guy, Andre Gee, Lamar didn't, Gee, Kendrick doesn't, DJ Marseel, Shamira Ibrahim, I'm, Kendrick, bec, Tay Organizations: Service, Beatles, Business, Metro, Morale, objectifying, Billboard, Pitchfork, Stone Locations: Lamar

☆ F1's fanbase is shifting — and the 'Netflix effect' is only part of that
▼ + stars: | 2024-04-30 | by ( Chris Hawes | ) www.cnbc.com time to read: +6 min

Carlos Sainz of Ferrari during second practice ahead of the Formula 1 Las Vegas Grand Prix at Las Vegas Strip Circuit in Las Vegas, United States on November 17, 2023. Proponents of the "Netflix effect" often point to a poll taken in 2022 which found 28% of American adults considered themselves to be F1 fans, with more than half crediting "Drive to Survive." If this were true it would mean there were an incredible 72 million F1 fans in the U.S. alone. This argument runs out of road slightly however, when you consider that only 2 million Americans tuned in to watch the 2023 Miami Grand Prix. Today, F1 fans are estimated to be around 40% female, up from just 8% in 2017, as well as significantly more culturally diverse.

Persons: Carlos Sainz, Ferrari, Jakub Porzycki, Nielsen, it's, Toni Cowan, Brown, Cowan, Zak Brown, McLaren, It's, Buzz Radar, TJ Adeshola, Aston Martin, McLaren Unboxed, Lando Norris, Oscar Piastri, Thaier Organizations: Las Vegas, Nurphoto, Netflix, ESPN, IndyCar, NASCAR, Prix, Miami Grand Prix, CNBC, North, Anp, Getty, YouTube, Liberty Media, Aston, Aston Martin Racing, Buzz, Formula, sudani Locations: Las Vegas, United States, U.S, North America, North American, Nevada, Aston Martin, Australia, Bahrain

☆ A financially independent couple that built wealth doing 'live-in flips' is pivoting to private lending. It's more passive and earns them 'about 12%' — but you need 2 things to get started.
▼ + stars: | 2024-04-27 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

When he was working full-time while also DIY home flipping, Carl recalls putting in 80 hours a week. Shifting to a more passive real-estate strategy: Private lendingThe Jensens started experimenting with private lending in 2016. "The private lending generates such a nice return that it's difficult to be like, 'No, we don't want to have the easy money. To get started in private lending, you need capital and a network. They're confident in the people that they're lending to, "and that is the most important part about lending out money: lending it to somebody that's going to pay you back."

Persons: —, Carl, Mindy Jensen, It's, they've, Mindy, We've, who's, I'm, Let's, we're Organizations: Service, Business Locations: Colorado, New York

☆ Aden Durde: He first opened doors to the NFL for international players. Now, he’s a historic coordinator
▼ + stars: | 2024-04-24 | by ( Ben Morse | ) edition.cnn.com time to read: +10 min

Just as the offseason kicked off in mid February, Durde was hired to become the Seattle Seahawks’ new defensive coordinator, becoming the first British coordinator in NFL history. Durde’s first exposure to the NFL came in 2005 when – as part of the NFL International Development Practice Squad program, an early predecessor to the IPP – he spent some time on the practice squad of the Carolina Panthers. He spent three seasons as part of the Falcons’ defensive coaching staff, working across a number of roles under head coach Dan Quinn. His permanent hiring in 2018 meant Durde became the first British full-time coach in NFL history. Under Durde’s stewardship, Dallas’ defensive line developed into one of the most feared in the league, in particular star linebacker Micah Parsons.

Persons: Aden Durde, Durde, “, hasn’t, ” Durde, that’s, –, ”, Bill Walsh, Dan Quinn, Carmen Mandato, ” It’s, Efe Obada, Jordan Mailata, Wales rugby international Louis Rees, Zammit, Mailata, Louis, Rees, Jeff Ulbrich, he’s, He’s, Micah Parsons, Parsons, Pro Bowler, Roger Steinman, Mike McDonald –, Dallas, Pete Carroll Organizations: CNN, NFL, Seattle Seahawks, American, Atlanta Falcons, CNN Sport, London Olympians, Scottish, Hamburg, Devils, Carolina Panthers, Kansas City Chiefs, London Warriors, Dallas Cowboys, Brit Osi, IPP, Washington, Philadelphia Eagles ’, Wales rugby international, Eagles, ”, Falcons, Atlanta Journal, Cowboys, Dallas, Seahawks, Durde Locations: Aden, British, London, Britain, Greenwich, NFL Europe, Hamburg’s, Europe, Atlanta, Texas, Durde’s, Dallas, Seattle

☆ Jim Cramer looks at what Disney CEO Bob Iger is doing well and what he needs to work on post-Peltz
▼ + stars: | 2024-04-23 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said Tuesday that Danaher could rally Wednesday, too, as bears on the stock jump in. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Danaher, Wells Fargo, Bob Iger, Nelson, Jim, Jim Cramer's Organizations: CNBC, Nasdaq, Disney, Parks, Netflix

☆ Stock market today: US futures climb as traders await crucial 'Magnificent 7' earnings reports
▼ + stars: | 2024-04-22 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

US stock futures climbed in premarket trading on Monday ahead of a big week of earnings reports. US GDP and inflation data could also move markets this week. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementInvestors will hope that the tech giants can give the market a much-needed boost, with artificial intelligence likely to be in focus.

Persons: Tesla, —, Johnson, Kathleen Brooks Organizations: Microsoft, Service, Nasdaq, Dow Jones, ExxonMobil, Johnson

☆ Election 2024 Trump holds a rally in North Carolina, capping off the first week of his trial.
▼ + stars: | 2024-04-20 | by ( Chris Cameron | ) www.nytimes.com time to read: +5 min

That changed on Thursday, when Mr. Brown appeared to address Mr. Gunter for the first time, at a private fund-raising event in Sparks, Nev., after Mr. Gunter accused him in ads and appearances of being disingenuous and not sufficiently pro-Trump. A group backing Mr. Brown’s campaign, the Duty First PAC, ran its first television ad this week since last year, a $322,000 reservation, according to the tracking firm AdImpact. Mr. Brown’s campaign declined to comment on Mr. Gunter. Mr. Trump made several posts seeming to express his approval for Mr. Brown on Truth Social, his social media platform, this month. Mr. Gunter said he was “running that place like clockwork,” and that the government report was “bogus.”

Persons: Nevada’s, Sam Brown, Jeff Gunter, Donald J, Trump, MAGA, Brown’s, Gunter, Brown, Mitch McConnell of, ” Mr, Jacky Rosen, Nev, Mr, Mike Berg, Gunter’s, Berg, Sam Brown’s, ”, Chuck Muth, Muth, he’s, California Democrat —, General Organizations: Republican, Senate, U.S . Army, National Republican Senatorial Committee, Trump, Democratic, The New York Times, Mr, “, “ California Democrats, Tarrance, Truth, Brown, Texas State House, Nevada State Assembly, California Democrat, Democrat, CBS Locations: Iceland, Mitch McConnell of Kentucky, Afghanistan, Sparks, California, “ California, Las Vegas, Nevada, Dallas

☆ New York’s Newest Hockey Team Has Everything but a Name and Home Ice
▼ + stars: | 2024-04-19 | by ( David Waldstein | Mimi D Autremont | ) www.nytimes.com time to read: +1 min

Cheers thundered across a packed arena in Ottawa as fans stood and shouted support for the home team and vitriol at the visitors. Young girls in peewee jerseys, bearded bros in Ottawa red and women holding signs with slogans like “Girls Supporting Girls” all lent voice to the mounting excitement. For this was February in Canada, where hockey has been depicted on 5-dollar bills and all levels of the sport are revered with an almost maniacal fervor. When Ottawa scored to break a tie with only a few minutes to play, 8,000 fans erupted, signaling their emotional investment in the brand-new Professional Women’s Hockey League. Women’s pro hockey has a fractured history, with various leagues on four continents dividing up the talent and fans.

Persons: Young Organizations: bros, Ottawa, Women’s Hockey League Locations: Ottawa, “, York, Canada

☆ Top US general in Europe says Russia has in many ways 'grown back' its military strength to what it was before it invaded Ukraine
▼ + stars: | 2024-04-11 | by ( Ella Sherman | ) www.businessinsider.com time to read: +4 min

Advertisement"They still have as many tanks functioning inside Ukraine as they introduced at the beginning of the war," Cavoli said. The size of Russia's army has exceeded the size it was when it had first invaded Ukraine in 2022. Supreme Allied Commander Europe, General Christopher Cavoli addresses a media conference at NATO headquarters in Brussels, Thursday, Jan. 18, 2024. AdvertisementThe war in Ukraine has left certain elements of the Russian military untouched, and the Russians maintain certain key advantages in industrial, war materiel, and manpower. To stave off Russian forces while waiting for much-needed ammunition and aid, Ukraine has resorted to primarily using drones in combat, but these are no substitute for what Ukraine really needs.

Persons: —, Chris Cavoli, Cavoli, They've, Kurt Campbell's, General Christopher Cavoli, Virginia Mayo Cavoli Organizations: Service, US European Command, Armed, Business, Allied, NATO, AP, Royal United Services Institute Locations: Ukraine, Russia, Brussels, Virginia, London, Kharkiv

☆ Brittney Spencer is telling her own story and collecting cosigns from her heroes — including Beyoncé
▼ + stars: | 2024-04-09 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +5 min

Read previewWhen Brittney Spencer woke up on Monday morning, she had no idea she would hit a major career milestone. This story is available exclusively to Business Insider subscribers. "That wasn't even on my radar," she told Business Insider of her top-40 debut, adding with a laugh, "My life has been very random." AdvertisementAlthough "My Stupid Life" contains the most explicitly personal lyricism of her career, Spencer has a knack for speaking her own dreams into existence — if not always intentionally. (Morris sang backup on Spencer's album highlight "Night In," while McEntire took Spencer on tour in 2022.)

Persons: —, Brittney Spencer, Parker McCollum, Spencer's, Beyoncé, Spencer, Carter, Tiera Kennedy, Reyna Roberts, Tanner Adell, they've, I'm, Queen Bey, Maren, Whitney, Maren Morris, Reba McEntire, Morris, McEntire, Queen Latifah, John Shearer, I've, She's, she'll, Bob Dylan, Willie Nelson, Cowboy Carter Organizations: Service, CMT, Business, Twitter, Stagecoach, Outlaw Locations: Nashville, Instagram

☆ A new startup from 2 Twitch alums is trying to get Gen Z to watch TV
▼ + stars: | 2024-04-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Entertainment companies face a generation problem, with Gen Z shunning TV shows and movies over social video and livestreams. A new startup is pitching a solution by bringing TV to Gen Z where and how they already watch, rather than trying to train them in a new habit. The company, Gaggl TV, licenses TV shows and distributes them to creators to watch with their followers on social platforms. In a deal with Fremantle, Gaggl got the rights to old TV shows like '70s-era "The Price is Right: The Barker Era" and is distributing them to five Twitch streamers. "TV companies just put stuff on Twitch and don't realize it's the creators people are coming to see," Harris said.

Persons: Gen, Gaggl, Khleo Thomas, Peter Park, Bridget Case, Richard Karn, Megan Fraher, Fraher, Adam Harris, James Duffield, Greg Miall, Harris, Gen Z's, Twitch, Bob Ross, he's Organizations: Business, Fremantle, Amazon, Greece's, Paramount, Gaggl Locations: Fremantle, livestreaming

☆ CIA refutes whistleblower claim pushed by Republicans leading Biden impeachment inquiry
▼ + stars: | 2024-04-05 | by ( Annie Grayer | ) edition.cnn.com time to read: +3 min

CNN —House Republicans leading the impeachment inquiry into President Joe Biden were dealt their latest blow this week when the CIA informed them that an allegation they pushed was false, the latest example of House Republicans citing questionable information to make a serious claim. But the CIA has refuted that claim in a letter obtained first by CNN that was sent to Jordan and Comer. House Republicans are pushing back on the refutation. “I’ve made a document production in conjunction with the grand jury investigation,” Morris testified in his closed-door interview with Republicans conducting the inquiry in January. Republicans have raised questions about why Morris lent the president’s son millions of dollars and have sought to connect him to their impeachment inquiry into President Biden.

Persons: Joe Biden, Hunter Biden’s, undercutting, James Comer, Jim Jordan, Hunter Biden, Comer, Congressional Affairs James A, Catella, Russell Dye, Jamie Raskin, ” Raskin, Kevin Morris, Hunter, Morris, “ I’ve, ” Morris, “, ”, Biden, Gary Shapley, CNN’s Paula Reid Organizations: CNN — House Republicans, CIA, Republican, Department of Justice, FBI, IRS, CNN, “, Congressional Affairs, Republicans, Democrat Locations: Jordan, Delaware

☆ What’s open and closed on Easter Day 2024?
▼ + stars: | 2024-03-30 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

On Easter Sunday, Christians celebrate the resurrection of Jesus Christ on the third day after his crucifixion. Here’s what’s open and closed on Easter Sunday 2024. Most Kroger stores and the grocery stores under its umbrella will be open on Easter, the company said. Postal servicesSince it’s a Sunday, United States Postal Service won’t be delivering mail. There will be no UPS pickup or delivery service, and UPS Store locations may be closed but Express Critical will be available.

Persons: Jesus Christ, Jesus, TJ Maxx Organizations: New, New York CNN, National Retail Federation, Retail, Costco, Sam’s, Kroger, Shoppers, Walmart, New York Stock Exchange, Nasdaq, United States Postal Service, FedEx Locations: New York, HomeGoods, Sierra

☆ Why Kim Kardashian is being sued by Donald Judd for ‘knockoff’ furniture
▼ + stars: | 2024-03-29 | by ( Leah Asmelash | ) edition.cnn.com time to read: +5 min

The estate of minimalist contemporary artist Donald Judd filed a lawsuit against Kardashian this week, claiming the fashion and beauty mogul promoted “cheap knockoffs” of his furniture designs. “These Donald Judd tables are really amazing and totally blend in with the seats,” Kardashian says, moving a chair out to show the camera. Judd Foundation v Clements DesignAn artist and sculptor, Judd was known for his minimalist designs emphasizing clean whole shapes and industrial materials. “Efforts were made to resolve this issue amicably at the time and the Judd Foundation was unwilling to settle on reasonable terms. “Consumers will see the cheap knockoffs… and erroneously associate (the) low-grade pieces with the Donald Judd brand,” the lawsuit states.

Persons: CNN — Kim Kardashian’s, Donald Judd, Kardashian, Kim ., ” Kardashian, Clements, Kim, Judd, Judd Foundation’s, ” Clements, Kardashian’s knockoffs Organizations: CNN, YouTube, Clements Design, Judd, Clements, Judd Foundation, “, MoMA Locations: New York

☆ This semiconductor ETF is headed for its best quarterly gain in a year. Here are the winners
▼ + stars: | 2024-03-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Semiconductor stocks are off to another hot start to the year. The VanEck Semiconductor ETF (SMH) is up 28.5% in the first three months of 2024. That puts the SMH on pace for its biggest quarterly gain since the first quarter of 2023, when it jumped 30%. The stock is up more than 30% to start 2024. Shares have skyrocketed more than 39% to start 2024, helped by strong sales in high bandwidth memory necessary in AI infrastructure.

Persons: Ken Mahoney, Nvidia, Hendi, Management's Paul Meeks, Andrew Garthwaite cautioning Organizations: VanEck Semiconductor, Asset, Taiwan Semiconductor Manufacturing, Nvidia, Qualcomm, Apple, Devices, JPMorgan, PHLX Semiconductor, Intel, Micron Technology, Micron, UBS, Universal Locations: Taiwan

☆ Comer invites Biden to testify before the Oversight Committee
▼ + stars: | 2024-03-28 | by ( Annie Grayer | ) edition.cnn.com time to read: +4 min

“Comer knows 20+ witnesses have testified that POTUS did nothing wrong. Yet, in his letter to Biden, Comer outlined the four phases of his investigation that included obtaining bank records and witness testimony that led him to seeking the president’s testimony. Various Biden family business associates have testified they have had surface level interactions with Biden, but none have said they discussed business with the president, either while he was in office or as a private citizen. “What do you think they would do if we Impeached Biden?” Comer wrote earlier this week. House Speaker Mike Johnson announced Thursday that the House will send over the Mayorkas impeachment articles to the Senate on April 10.

Persons: James Comer, Joe Biden, –, ” Comer, “ Comer, POTUS, he’s, ”, Ian Sams, Biden, Comer, James Biden, Alejandro Mayorkas, Mike Johnson Organizations: Republicans, White, Kentucky Republican, GOP, Department of Justice, Internal Revenue Service, House Republicans, Democratic, CNN, Department of Homeland, Senate

☆ H&M shares jump 14% as profit smashes expectations
▼ + stars: | 2024-03-27 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

(Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)Shares of H&M leapt 14% in early deals on Wednesday, after the Swedish retailer significantly beat profit expectations for its fiscal first quarter. Operating profit rose to 2.08 billion Swedish krona ($196 million), versus the 1.43 billion krona forecast in a LSEG poll of analysts. The company's operating margin rose to 3.9% from 1.3%, as it reiterated its target of a 10% operating margin this year. Net sales fell year-on-year in the first quarter, hitting 53.7 billion krona from 54.9 billion krona. Credibility was lent to the company's 10% operating margin target by positive sales momentum in the early spring/summer season, the Jefferies note added.

Persons: Budrul Chukrut, Inditex, Daniel Ervér, Helena Helmersson, Ervér, Jefferies Organizations: Getty, M Locations: HONG KONG, CHINA, Swedish, Hong Kong, Zara

☆ Obama jumps in to help Biden defeat Trump again
▼ + stars: | 2024-03-27 | by ( Mj Lee | Jeff Zeleny | ) edition.cnn.com time to read: +7 min

Washington CNN —Barack Obama spent several hours last Friday in the family dining room of the White House, visiting his former vice president, Joe Biden. Obama’s biggest embrace of Biden’s reelection effort comes Thursday at a star-studded Manhattan fundraiser featuring Biden, Obama and former President Bill Clinton. As president, Biden has also been in frequent touch with Clinton, sources familiar say. “President Obama once said to me that every president is a reflection of the previous president, and he’s right,” Messina said. “Trump was the complete opposite of Obama, and Biden is the complete opposite of Trump.

Persons: Barack Obama, Joe Biden, Obama, Biden’s, Donald Trump, Biden, Nancy Pelosi, Joe, Kamala, ” Obama, we’ve, Jeff Zients, Bill Clinton, Stephen Colbert, Clinton, “, ”, Queen Latifah, Lizzo, Cynthia Erivo, Mindy Kaling, Ben Platt, Lea Michele, Jordan Roth, Alex Timbers, Annie Leibovitz, Steve Ricchetti, –, Jim Messina, Messina, ” Messina, “ Trump Organizations: Washington CNN, White House, House, CNN, Affordable, Biden, Biden’s, Presidents Club, Radio City Music Hall, Democrats, White, Republican, Trump Locations: White, president’s State, Manhattan, , Gaza, Obama’s, United States

On Tuesday, Mr. Trump, the presumptive Republican presidential nominee, added a new item to the list: a $60 Bible. Days before Easter, Mr. Trump posted a video on his social media platform in which he encouraged his supporters to buy the “God Bless the USA Bible,” named after the ballad by the country singer Lee Greenwood, which Mr. Trump plays as he takes the stage at his rallies. “All Americans need a Bible in their home, and I have many. It’s my favorite book,” said Mr. Trump, who before entering politics was not overtly religious and who notably stumbled while referencing a book of the Bible during his 2016 campaign. “It’s a lot of people’s favorite book.”

Persons: Donald J, Trump, ”, Lee Greenwood, “

☆ Stephen Colbert, who recirculated rumors that a royal affair was linked to Kate Middleton's public absence, said he jokes about 'what everybody is talking about'
▼ + stars: | 2024-03-26 | by ( Maria Noyen | ) www.businessinsider.com time to read: +1 min

Late-night host Stephen Colbert wished Kate Middleton well in her battle with cancer Monday night. Colbert's remarks came after he amplified unsubstantiated theories about Kate's public absence. Colbert said he made jokes about Kate's absence because "everybody" was talking about it. AdvertisementStephen Colbert offered his "well wishes" to Kate Middleton while she undergoes treatment for cancer, two weeks after he lent credence to conspiracy theories about her public absence. Colbert, 59, responded to Kate's cancer diagnosis on Monday night's episode of "The Late Show."

Persons: Stephen Colbert, Kate Middleton, Colbert's, Colbert, —, Prince William, Sarah Rose Hanbury Organizations: Service, Business

☆ An ‘Irish Heiress’ Conned Him. He Started a Podcast to Track Her Down.
▼ + stars: | 2024-03-26 | by ( Isabella Kwai | ) www.nytimes.com time to read: +1 min

She posed as a down-on-her-luck heiress who was battling with her Irish family over an exorbitant inheritance. But Marianne Smyth, who was born in Maine, was not an Irish heiress, and there was no fortune. Now Ms. Smyth, 54, is facing more accusations, this time from the authorities in the United Kingdom, who are seeking her extradition from the United States. The charges, for fraud and theft, date from March 2008 to October 2010, when Ms. Smyth was living in Northern Ireland, according to a complaint filed in federal court in Maine. The arrest was “a miracle,” said Johnathan Walton, a Los Angeles-based reality television producer who has made it his personal mission to expose Ms. Smyth, after she was convicted of stealing more than $63,000 from him.

Persons: Marianne Smyth, Smyth, ”, Johnathan Walton Organizations: U.S . Marshals Service Locations: Maine, Irish, United Kingdom, United States, Northern Ireland, Los Angeles

And perhaps best of all, money — from selling the electricity generated by the wind turbines studding the flat green fields stretching out to the North Sea. A slice of the cash goes to the villagers themselves, with the local buy-in making this windy farming enclave near the border with Denmark a showcase for ways to push ahead with renewable energy projects. The S&P Global Clean Energy Index of shares in companies with clean energy-related businesses has fallen 26% over the past year, even as broader market indexes have surged to records. In sub-Saharan Africa, where half the population lacks access to electricity, renewable projects face even steeper challenges with financing. In Nigeria, where blackouts are an everyday event for about half of the country’s 213 million people, some 14 solar projects have stalled because the finances don’t add up.

Persons: ”, Astrid Nissen, moos, “, Mackenzie, it's, Nissen, Christian Andresen, Andresen, Orsted, Vattenfall, David Shepheard, Edu Okeke, Taiwo Organizations: U.S . Federal Reserve, European Central Bank, University College London, Solar, Energie Andresen GmbH, Energy, logjams, World Bank Locations: SPRAKEBUELL, Germany, Denmark, village's, Spain, Italy, Africa, Flensburg, Sprakebuell's, German, Danish, New Jersey, Swedish, North American, Saharan Africa, Nigeria, Katsina, Abuja

Seizing assets is a common legal option when someone doesn’t have the cash to pay a civil court penalty. In Trump’s case, potential targets could include such properties as his Trump Tower penthouse, aircraft, Wall Street office building or golf courses. Trump maintained on social media Friday that he has almost $500 million in cash but intends to use much of it on his presidential run. Engoron sided with the attorney general and ordered Trump to pay $355 million, plus interest that grows daily. Some co-defendants, including his sons and company executive vice presidents, Donald Trump Jr. and Eric Trump, were ordered to pay far smaller amounts.

Persons: Donald Trump, Letitia James, James, Trump, doesn’t, Arthur Engoron, Stewart Sterk, ”, Engoron, Donald Trump Jr, Eric Trump, what's, wouldn't Organizations: Trump, ABC, Cardozo School of Law, New, underwriters Locations: New York

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