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Millennium, Brevan Howard, Schonfeld, and ExodusPoint are just a few of the funds that have put roots down in either Abu Dhabi or Dubai. Meanwhile, Bridgewater's Ray Dalio bought a penthouse in Abu Dhabi as he compliments the country's policies. When one US-based hedge fund fundraiser met with Abu Dhabi officials late last year, he didn't expect much to come of it. He lauded everything from the Louvre outpost in Abu Dhabi to the warm weather to the responsiveness from government officials. A Bloomberg story on Abu Dhabi notes that it's fast-tracking country-club admissions for new wealthy immigrants.
Persons: , Brevan Howard, Schonfeld, Bridgewater's Ray Dalio, Austen Smart, Tighe, Smart, Alan Howard, Greg Coffey, Danny Yong, hoover, Doug Greenig, Morgan, Point72, Steve Cohen, Viking Global's Andreas Halvorsen, keynotes, Howard, Abu Dhabi, Craig Bergstrom, Bobby Jain's, Florin Court's Greenig, Abu, Floring Organizations: Service, United Arab Emirates, titans, Business, Tighe International, Florin Court Capital, Morgan Stanley's, Dubai Financial Services Authority, Abu, Abu Dhabi Investment Authority, Mubadala Investment Company, Corbin Capital, Abu Dhabi Global, Hong Kong, pats, Bloomberg Locations: Dubai, Abu Dhabi, London, New York, Mumbai, UAE, Asia, Switzerland, It's, Gaza, Iran, Palm, Europe, Cayman Islands, Jersey, Miami, San Franciso, Riyadh, Saudi
The Republican Party has changed a lot since Donald J. Trump last spent this much time at Trump Tower. Stuck in New York City four days a week during his criminal trial, Mr. Trump is now back in the same 66th-floor penthouse suite where he weathered so many scandals during his 2016 presidential run. Back then, Mr. Trump was the Republican nominee, but still very much a party outsider. After the “Access Hollywood” video broke in October 2016 and he was heard bragging about grabbing women’s genitals, he spent the weekend in Trump Tower watching defections. Mr. Vance began his day at Trump Tower and then went inside the courthouse on the same day that some of the “Access Hollywood” episode was recounted and a secret recording played in which Mr. Trump discussed payoffs to bury harmful stories.
Persons: Donald J, Trump, Trump’s, J.D, Vance of, Vance Organizations: Republican Party, Trump, New York City, Republican, Trump Tower Locations: New York, Vance of Ohio
Over the years, Representative Henry Cuellar often harked back to the small house in Laredo, Texas. It was there that his parents, one-time migrant workers who spoke no English, raised him and his seven siblings to value hard work and beware the dangers of debt. The references in speeches, campaign advertisements and interviews were intended to forge affinity with the largely Hispanic residents of his hometown. Mr. Cuellar had become the hub of a bustling small enterprise that blurred the lines between his political operation, his businesses and his family, affording him trappings of affluence even as he sometimes strained to make ends meet. He took on an increasing amount of debt, and his net worth declined.
Persons: Henry Cuellar, , Cuellar Organizations: Navy Locations: Laredo , Texas, Laredo, Nationals
Displaying art in your home? Here are some do's and don'ts
  + stars: | 2024-05-13 | by ( Lucy Handley | In | ) www.cnbc.com   time to read: +6 min
Andreas Von Einsiedel | Corbis Documentary | Getty ImagesThere are two common mistakes people make when hanging art in their homes, according to art consultant Louisa Warfield. People sometimes make the mistake of hanging artwork too high, according to art consultant Louisa Warfield. Louisa Warfield Art ConsultancyA guideline is to hang the work so that its center is about 150cm above the floor, Warfield said. Louisa Warfield Art ConsultancyIn a large home, a gallery wall might be about 160cm in height and about the width of the couch the art will hang above, Warfield said. Art collector Helen Sunderland Cohen said she aims for a "harmonious and balanced" environment when it comes to playing art.
Persons: Louisa Warfield, Andreas Von Einsiedel, Warfield, it's, David Price, Rachael Harding, , Louisa Warfield's, Sophie Carter, Yoko Kloeden, Helen Sunderland Cohen, Yinka Shonibare, Aimee Parrott, Prunella Clough, Simon Bejer, Sunderland Cohen Organizations: CNBC, Sunderland, City & Guilds School of Art Locations: British, Nigerian, London
AdvertisementThe unprecedented criminal trial of a former US president has delivered several stunning moments so far. Jurors get a peek at the 34 records at the heart of the caseTwo weeks into Trump's trial, jurors finally saw the paperwork at the heart of the matter. A courtroom sketch of Stormy Daniels on the witness stand in Donald Trump's hush-money trial. On the stand, Daniels said Trump told her she reminded him of his daughter, commenting on her blond hair and beauty. Trump's legal team requested a mistrial on the basis of Daniel's testimony.
Persons: , Donald Trump, Trump, Stormy Daniels, Michael Cohen —, Hope Hicks, Cohen, Daniels, Hicks, Andrew Harnik, Jeffrey McConney, Deborah Tarassoff —, Alvin Bragg, Stephanie Clifford, Donald Trump's, Jane Rosenberg, Juan Merchan, audibly, Merchan, Judge Merchan, MARK PETERSON, Donald, Von ShitzInPantz, Todd Blanche, Joe Biden, Blanche, Cohen's Organizations: Service, Business, White House, Trump, White House Communications, AP, Trump Organization, Prosecutors, Reuters, Truth, Manhattan Criminal, Getty Locations: Manhattan, Lake Tahoe, New York City
In this composite image a comparison between Former Boxer Mike Tyson (L) and Jake Paul (R). Mike Tyson's return to the boxing ring to fight Jake Paul this summer is already seeing soaring ticket prices and strong bettor interest. The two previously achieved the first ever sold out women's headline boxing event at Madison Square Garden. Most Valuable Promotions also has a unique offer for the fight — a $2 million VIP package. The odds show Jake Paul as the current favorite (-145), but 70% of the money is being bet on Tyson.
Persons: Boxer Mike Tyson, Jake Paul, Tyson, Paul, Mike Tyson's, influencer, Katie Taylor, Amanda Serrano, Nakisa Bidarian, Bidarian, BetMGM, Jake Paul haters, Alex Rella, We're Organizations: T, Netflix, Madison Locations: Arlington , Texas, BetMGM, U.S
The woman, Stormy Daniels, answered questions from Manhattan prosecutors for several hours Tuesday before Mr. Trump’s lawyers began cross-examining her, and she will return to the stand Thursday. After that encounter, his bodyguard, Keith Schiller, told Ms. Daniels that Mr. Trump would like to have dinner with her, she said. Image Mr. Trump has denied the charges against him, and having had sex with Ms. Daniels. Mr. Trump was wearing “silk or satin” sleepwear, Ms. Daniels testified; after she cracked a joke — “Does Mr. Hefner know you stole his pajamas?” — he changed his clothes. At the time, Mr. Trump was about to secure the Republican Party’s presidential nomination.
Persons: Stormy Daniels, Donald J, Trump, Daniels, , Ms, Keith Schiller, Schiller, Melania, Sarah Yenesel, Michael D, Cohen, Hefner, Ivanka, T.J . Kirkpatrick, ” Mr, Susan Necheles, Necheles, Mr Organizations: Wicked Pictures, Credit, Mr, Prosecutors, Trump Organization, The New York Times, Old, Republican Locations: Manhattan, Tahoe, Nev, American
Trump's lawyers argued that portions of Stormy Daniels' testimony warranted a mistrial. Daniels had testified Tuesday that Trump didn't use a condom during their sexual encounter in 2006. AdvertisementBlanche was complaining about multiple times in Daniels' testimony when she made graphic, highly salacious accusations against Trump that the lawyer said irreparably prejudiced the jury. Merchan said he wished the discussion of the condom didn't come into the trial and wasn't heard by the jury. Advertisement"For the life of me, I don't know why Ms. Necheles didn't object," he said, while the defense attorney looked toward the floor.
Persons: Stormy Daniels, Daniels, Trump's, Todd Blanche, , Donald Trump, she'd, Trump, Blanche, — Daniels, Keith Schiller, audibly, Susan Hoffinger, Donald Trump's, Jane Rosenberg, Merchan, Necheles, wasn't Organizations: Trump, Service, Wicked Pictures, REUTERS Locations: Manhattan, Tahoe, California
There was one important distinction, the adult-film star suggested: sex with Trump would make a pretty bad porn movie. "Wow," the porn star responded, pausing briefly, then continuing. "Ms. Daniels," Necheles pursued. "I'm asking you if you know what you meant when you said 'flush the orange turd.' The porn star has taunted Trump on Twitter in the past, calling him an "orange turd" and daring him, "Game on, Tiny."
Persons: , Daniels, Donald Trump, Trump, Susan Necheles, I'd, Necheles, she's, Michael Cohen, Stormy Daniels, Ms, Susan Hoffinger, Cohen Organizations: Service, Business, Trump, Donald Trump . Manhattan, Twitter, Daniels Locations: Manhattan, Lake Tahoe, Jail
Atlantis, The Royal Atlantis, The Royal: The double-height bar is perfect for sunset cocktails — although you won't be making your own drinks, as there's a 24-hour bartender ready to make your favorites. Atlantis, The Royal Atlantis, The Royal: The triple-height library provides a secluded space to work, read or relax. Atlantis, The Royal Atlantis, The Royal: The entertainment room is kitted out with a 98-inch LED screen for a home cinema experience. Atlantis, The Royal Atlantis, The Royal: Every room has stunning views — including the marble-clad bathrooms. Atlantis, The Royal Atlantis, The Royal: Guests can enjoy designer amenities made by French fashion house Hermès, as well as bespoke gold toothbrushes, combs and brushes.
Persons: Swedish House Mafia —, there’s, , Tom Roelens, There’s, Cabana, Rebecca Cairns, Kendall Jenner, “ We’ve, we’ve, Graff, bathrobes, Jay Z, Louis, Valentino —, , it’s, Estiatorio Milos, Costas Spiliadis, Organizations: CNN, Swedish House Mafia, Royal, Atlantis Resorts, Dolce, Gabbana, cabanas, Atlantis, “ Royal, Nobu, , Chefs, Sky Locations: Dubai, Beyoncé, isn’t, Arabian, Atlantis Royal Dubai
Donald Trump's attorneys moved for a mistrial Tuesday over Stormy Daniels' testimony. AdvertisementDonald Trump's attorneys moved for a mistrial over Stormy Daniels' graphic testimony on Tuesday, but the judge swiftly denied that motion. Merchan added he was "surprised" the former president's defense team did not raise more objections during Daniels' testimony. "There's no way to unring the bell in our view," Blanche had told the court as he called Daniels' testimony "unduly prejudicial." Merchan ultimately ruled that Daniels' testimony did not rise to the level of scuttling the trial.
Persons: Donald, Stormy Daniels, Daniels, , Donald Trump's, Juan Merchan, Blanche, Merchan, Trump's, Todd Blanche, Trump, Susan Necheles Organizations: Trump, Service, New, Merchan, Prosecutors Locations: Manhattan, Lake Tahoe, Las Vegas
Aston Martin opens 66-story residential tower in Miami
  + stars: | 2024-05-02 | by ( Jack Guy | ) edition.cnn.com   time to read: +5 min
CNN —Miami has a new addition to its skyline – a 66-story residential tower built by Aston Martin, marking the British luxury sports carmaker’s first foray into the residential real estate market. Comprising of 391 units, Aston Martin Residences Miami sits at the mouth of the Miami River on Biscayne Bay, the firm said in a statement Tuesday. Aston Martin touchesHomeowners are able to customize their interior space with the help of the Aston Martin design team, with three style packages – Timeless, Covert and Indulgent – drawing on the company’s British heritage, as well as the building’s context. Aston Martin Residences MiamiAston Martin said that 99% of the properties sold before the building was completed. Aston Martin isn’t the first luxury carmaker to enter the residential property market.
Persons: Aston Martin, Rodolfo Miani, Bodas Mian Anger, , Aston, Germán Coto, , Coto, Marek Reichman, Reichman, ” Reichman, you’ve, Aston Martin Residences Miami Aston Martin, Aston Martin Vulcan, Aston Martin isn’t Organizations: CNN, Miami, Aston Martin Residences Miami, G Business, Formula, Prix, Martin Residences Miami, Aston Martin Residences, Aston, Aston Martin, Aston Martin Residences Miami Aston, Residences Locations: Miami, Biscayne Bay, jacuzzis, cabanas, Bentley, Sunny, Beach , Florida
That's the reality for the ultra rich, and people like Jaclyn Sienna India make it happen. India is the founder of a Sienna Charles, a members-only travel agency that caters to wealthy clients who take million-dollar trips around the world. That includes "arranging spa appointments, recruiting house staff, helping clients build a home gym, whatever they need," India told The Cut. "He has all the money in the world, but he didn't want to go to Michelin-star restaurants," India told The Cut. "A lot of our clients work really, really hard, and it's important for them to have consistency and routine wherever they go."
Persons: Jaclyn Sienna India, Sienna Charles, she's, they're Organizations: FedEx, Michelin Locations: Versailles, India, New York City, Dallas, Los Angeles, San Francisco
Weisselberg was the Trump Organization's top fiscal officer for 30 years. He turned himself in on Wednesday to start a previously agreed-to sentence of five months in jail. AdvertisementAllen Weisselberg, Donald Trump's longtime, loyal chief financial officer, began serving a five-month perjury sentence Wednesday. Related storiesThe judge ordered he serve the five months Weisselberg previously agreed to last month, when he pleaded guilty to two felony charges of first-degree perjury. Read the charges Weisselberg admitted to here .
Persons: Weisselberg, perjured, , Allen Weisselberg, Donald Trump's, Laurie Peterson, Arthur Engoron Organizations: Trump, Service, Manhattan Criminal Locations: Weisselberg
Letitia James won a $454 million judgment against Trump, his penalty for a decade of fraud. She and Trump are now fighting over her claims that he withheld evidence from her fraud probe. "The Court is well within its authority to determine if Defendants and their counsel facilitated that perjury by withholding of incriminating documents," James argued in Tuesday night's letter. AdvertisementAt a hearing in April of 2022, he compared getting Trump's documents to "pulling teeth." Out of some 900,000 documents turned over, only ten were "custodial" Trump documents, meaning business files in the former president's direct custody.
Persons: Letitia James, Trump, James, , Allen Weisselberg, Weisselberg, Arthur Engoron, Barbara Jones —, Bracewell, Barbara Jones, Drew Angerer, Kevin Wallace, Clifford Robert, Jones, they're, Wallace, Alina Habba, Marc Frazier Scholl, Scholl, Lewis Baach Kaufmann Middlemiss Organizations: Service, New, Trump, Trump Organization, Trump Org, Forbes, Engoron, Business, NY, General's, Manhattan, Attorney's Office Locations: New York, Manhattan, York
Bankman-Fried, the founder and former CEO of failed crypto exchange FTX, will head on Thursday to a federal court in downtown Manhattan, where U.S. District Judge Lewis Kaplan will deliver his sentencing. After a month of personally dabbling in the market, Bankman-Fried launched Alameda Research, named after the California county that housed his first office. The so-called crypto winter of 2022 wiped out hedge funds and lenders across the crypto universe. May of 2022 brought the crash of stablecoin Luna, creating a domino effect that sent crypto prices plunging, devastating other lenders. On Nov. 2, 2022, crypto trade site CoinDesk publicized details of Alameda's balance sheet, which showed $14.6 billion in assets.
Persons: Samuel Bankman, MacKenzie Sigalos, Sam Bankman, Fried, Damian Williams, District Judge Lewis Kaplan, they'd, FTX, Amr Alfiky, Jane Street, Goldman Sachs, stablecoin Luna, Solana, Changpeng Zhao, Binance, Zhao, Jane Rosenberg, he'd, Cromwell, John J, Ray, confidants, — CNBC's Rohan Goswami Organizations: CNBC, Metropolitan Detention, U.S, District, Prosecutors, Reuters, Jane, Alameda Research, Formula, Democratic, Voyager, Alameda, FTX, Industry, Investors, Enron, Securities and Exchange Commission, Stanford University Locations: San Francisco, he's, Brooklyn, Manhattan, U.S, New York City, South Korea, Alameda, California, Miami, Washington, Solana, FTX, New York, Palo Alto , California
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
AG Letitia James plans to go after Trump's cash and property if he doesn't pay his civil fraud debt. Is the ball in Letitia James' court? "The burden is on Letitia James to find Trump's assets" and decide what she wants garnished or auctioned, he said. D'Orazio predicts James would first target the cash that Trump and the Trump Organization keep in New York-registered bank accounts. He would then remit $95 million to the Attorney General's Office, and that would go toward paying Trump's judgment.
Persons: Letitia James, , padlocks, Donald Trump's, Trump, James, Bernard D'Orazio, D'Orazio, — James, Mark, we're, doesn't, It's, she'll, Arthur Engoron, Jeff Greenberg, — Trump Organizations: Service, Trump, Trump Plaza, New, Social, Trump —, GOP, AP, Trump Organization, Radio City Music Hall, Forbes, New York, Fire Locations: New York, New York City, Manhattan, New, Westchester County, Trump, Americas
The two-bedroom penthouse comes with sweeping views of the Eiffel Tower and just about every other monument across the Paris skyline. The rent, at 600 euros a month, is a steal. Marine Vallery-Radot, 51, the apartment’s tenant, said she cried when she got the call last summer that hers was among 253 lower-income families chosen for a spot in the l’Îlot Saint-Germain, a new public-housing complex a short walk from the Musée d’Orsay, the National Assembly and Napoleon’s tomb. “We were very lucky to get this place,” said Ms. Vallery-Radot, a single mother who lives here with her 12-year-old son, as she gazed out of bedroom windows overlooking the Latin Quarter. “This is what I see when I wake up.”
Persons: Germain, Organizations: Eiffel, National Assembly Locations: Paris
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The agency counted some of Russia's elite among its clientele — so I was quickly thrust into a world of private jets, guarded estates, and personal chauffeurs. I worked in Moscow until Russia's full-scale invasion of Ukraine in February 2022, when I was relocated to Monaco. I have a massage every day, I have my own massage therapist," he told us. AdvertisementBut the children often brought the topic up themselves, their comments ringing with the ideology they had likely absorbed at home.
Persons: , Cameron Manley, Barts, Vladimir Putin, Ivan, Alexei, Elena, It's, Philippe Jacquemart, Jorg Greuel, Putin, Sasha Mordovets, getty, wryly, Elizaveta Organizations: Service, Business, Monaco penthouses, Monaco, Mandoga, Getty, Mercedes, Benz, United Arab, Russia's, Sirius Locations: Moscow, Ukraine, Monaco, St, Caribbean, Rublevka, Saint, Nice, France, Russia, United Arab Emirates, Dubai, Russian, Sochi, Kyiv
On Monday in Manhattan, Allen Weisselberg pleaded guilty to two state felony counts of perjury. Both lies involved the size of Donald Trump's Trump Tower penthouse on Fifth Avenue in Manhattan. AdvertisementAllen Weisselberg had little choice but to plead guilty to perjury after Manhattan prosecutors caught him blatantly lying about lying, as they revealed in court Monday. Weisselberg was at that sit-down with Forbes, assistant Manhattan district attorney Gary Fishman said Monday, during the ex-CFO's plea hearing. Engoron and state officials have contended that the square footage was intentionally inflated by Trump and Weisselberg as far back as 2012.
Persons: Allen Weisselberg, Donald Trump's Trump, , Trump's, inescapably, Trump, He'd, Donald Trump's, Arthur Engoron, Donald Trump, Forbes, Weisselberg, Gary Fishman, he'd, Stormy Daniels Organizations: Trump Org, Service, Trump Organization, NY, General's, New York, Trump, New York Thomson Reuters, Forbes Locations: Manhattan, New York City, New York
A California prison inmate locked up on a gang-related murder conviction led a scheme that defrauded the U.S. government out of more than $550 million in Covid-era federal tax credits, prosecutors said. Five other people were charged with Thomas in the alleged drug trafficking scheme. The employee retention credits became a refundable federal tax credit for employers during the Covid-19 pandemic to encourage businesses to retain workers. "But that apparently was not enough: he also conspired to pursue over half a billion dollars in federal tax credits that were meant to help struggling businesses during the COVID-19 pandemic," Talbert said. DEA agents intercepted those calls and also intercepted text messages showing Thomas communicating about the tax fraud scheme, prosecutors said.
Persons: Kristopher Thomas, Thomas, Kettisha Thompson, Dozier, Charmane Dozier, Sharon Vance, Philip Talbert, Talbert Organizations: Main Street Mafia, Attorney's, Eastern, Eastern District of, Drug Enforcement Administration Locations: California, Covid, Kern Valley, Waldorf , Maryland, Hawthorne , California, Los Angeles, Eastern District, Eastern District of California, Las Vegas, U.S, Delano , California, Hawaii
Elliott was charged with rape, sexual assault, voyeurism, and possession of a controlled substance. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIan Elliott was a respected philanthropist in England until his history of predatory crimes was uncovered, per a police court report. The millionaire, once considered a "pillar'" of the Wisborough Green community in West Sussex, led a double life as a depraved sex offender. AdvertisementElliott's reputation was shattered when police unearthed hours of disturbing videos showing his predatory acts against teenagers and young men.
Persons: Ian Elliott, Elliott, , Miles Ockwell, I'm, Jeremy Gold KC, Ockwell Organizations: Service, Hove Crown Court, Times, Sussex Police Locations: England, Hove, Sussex, West Sussex, London
What makes a house a home? On Tuesday night, that question floated in the delicately candle-scented air of a three-story penthouse apartment on lower Fifth Avenue in Manhattan where the interior designer Jeremiah Brent lives with his husband and fellow designer, Nate Berkus, and their two children. An intimate gathering of about 30 guests had assembled to celebrate the publication of Mr. Brent’s first book, “The Space That Keeps You,” a collection of photos and stories of interesting people and their enviable houses. For Mr. Brent, who along with Mr. Berkus is a mainstay on HGTV with shows like “The Nate & Jeremiah Home Project,” a home is a “weird blend of space and place.”
Persons: Jeremiah Brent, Nate Berkus, Brent’s, Brent, Berkus, Nate, Organizations: HGTV, Jeremiah Locations: Manhattan
James Brown's daughters, Deanna Brown Thomas and Yamma Brown, discussed their father's life and legacy. The interview is in anticipation of the A&E limited series, "James Brown: Say It Loud," premiering Monday night. Music really was his purpose," Brown’s daughter, Yamma Brown, told Business Insider when describing her dad’s driving force. AdvertisementYamma Brown: James Brown was daddy. “James Brown: Say it Loud,” executive produced by Mick Jagger and Questlove, premieres Monday, February 19 at 8 p.m. ET/PT on A&E.
Persons: James Brown's, Deanna Brown Thomas, Yamma Brown, James Brown, , Michael Jackson, Mick Jagger, , God, Brown, Jim Crow, Brown’s, Jackson, “ Y'all, , Denzel, they’ve, Dad, Al Sharpton, Bryan Bedder, Teddy, , “ I'm, “ James Brown, Questlove Organizations: Service, Hall of Famer, Business, RFK, Washington DC, Theatre, Time Magazine, New York Post, Civil Locations: Paris, Denzel Washington, Washington, United States, New York City, New York
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