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☆ TikTok Star Is Killed in Third Death of Social Media Influencer in Iraq
▼ + stars: | 2024-04-28 | by ( Alissa J. Rubin | ) www.nytimes.com time to read: +1 min

It took less than 46 seconds for the helmeted assassin to pull over his motorcycle, walk to the driver’s side of the S.U.V., yank open the door and fire his handgun four times, killing one of Iraq’s most prominent TikTok personalities, a 30-year-old woman whose name on social media was Um Fahad. The Iraqi Interior Ministry, which released the video, said it had formed a committee to investigate her death. The victim, whose real name was Ghufran Mahdi Sawadi, had become popular on social media sites, especially TikTok and Instagram, where her videos showed her wearing tight or revealing clothing, or singing and cuddling her young son. They won her some 460,000 followers, but also drew the ire of conservatives in Iraqi society and in the government. At one point, officials ordered Ms. Sawadi jailed for 90 days, reprimanding her for a post that showed her dancing at her 6-year old son’s birthday party.

Persons: yank, Fahad, Mahdi Sawadi, cuddling, Sawadi, reprimanding Organizations: Iraqi Interior Ministry Locations: Baghdad

☆ Vending machine founders get $1.5 million 'Shark Tank' offer—despite a business model Mark Cuban called 'a huge mistake'
▼ + stars: | 2024-04-23 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +2 min

Dan Braido, Audley Wilson and Andy Siegel are the co-founders of RoboBurger, which makes vending machines that dispense customized burgers — a concept they call "the future of fast food." Yet by the end of the episode, O'Leary teamed up with a guest judge, Fanatics CEO Michael Rubin, to offer the RoboBurger founders $1.5 million. Seeking $1.5 million despite no profitsThe trio of founders brought a vending machine for the judges to try. RoboBurger's vending machine on display on the set of ABC's "Shark Tank." At the time of filming, RoboBurger had been in "beta testing" for 18 months, with more than 12,000 burgers sold, the founders said.

Persons: Dan Braido, Audley Wilson, Andy Siegel, Kevin O'Leary, O'Leary, Michael Rubin, Rubin, Cuban, Christopher Willard, hadn't, Siegel, RoboBurger didn't, RoboBurger, Wilson Organizations: RoboBurger, Disney, Sharks Locations: Jersey City , New Jersey

☆ Should the SAT still matter after all these years? Why some colleges are bringing it back
▼ + stars: | 2024-04-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +15 min

The longest-enduring standardized college admissions test in the nation, the SAT has faced decades of controversy over bias and criticism for reducing aspiring college students to a test score. Discrepancies with standardized testing appear to be symptomatic of the inequality endemic to the education system. In 2005, the College Board added an 800-point writing section to the exam alongside its math and verbal reasoning sections. In this Jan. 17, 2016 file photo, a sign is seen at the entrance to a hall for a college test preparation class in Bethesda, Md. Alex Brandon/APThe College Board told CNN it has also done away with its esoteric vocabulary in the past decade.

Persons: ”, Carl Brigham, Brigham, classism —, Daaiyah Bilal, Harry Feder, Barnes, Noble, Mario Tama, haven’t, Daniel Koretz, Koretz, Scott Eisen, Brown, ” Dartmouth, Ethan Hutt, Horace Mann, Warren K, Leffler, Alex Brandon, It’s, Rachel Rubin, Jack Schneider, ” Schneider, David Coleman, “, ” Coleman, it’s Organizations: New, New York CNN, National Center for Fair, Princeton, College Board, CNN, National Education Association, ACT, Ivy League, Harvard’s Graduate School of Education, Harvard’s, Dartmouth College, Yale, Dartmouth, Harvard, University of Florida, University of Texas, ” UT Austin, College Board's, University of North, Chapel Hill’s School of Education, Massachusetts, of, Phillips Exeter Academy, of Congress, Census, Board, UMass Amherst’s Center for Education, Holton Arms, The College Board, Khan Academy, The Locations: New York, New York City, United States, Guatemala, Hanover , New Hampshire, Georgetown, Austin, Dartmouth, University of North Carolina, Hutt, “, Boston, Harvard, Bethesda, Md, Iowa, Northeast

☆ Opinion: It’s time to change the way we think about sociopaths
▼ + stars: | 2024-04-20 | by ( Opinion Sara Stewart | ) edition.cnn.com time to read: +7 min

CNN —This piece contains mild spoilers for the Netflix series “Ripley” and a scene in the movie “Civil War.”Are we finally ready to take another look at why we love to hate sociopaths so much? But his rendition of Ripley – highly capable, chameleonic, but never what you’d call charming — represents a refreshing take on one of the most famous sociopaths in literature and film. Gagne feels Hollywood’s nearly always gotten it wrong with portrayals of sociopaths, reducing them to a collection of cartoonish, villainous traits. In fact, I found one of film’s most recent sociopaths to be singularly chilling because of his very plausibility. He’s in Alex Garland’s “Civil War,” the polarizing film about a vaguely-sketched conflict set in the modern-day United States.

Persons: Sara Stewart, Ripley ”, Sara Stewart Todd Thompson, Andrew Scott’s, Tom Ripley, Patricia Highsmith’s, Scott, who’s, Ripley –, Steven Zaillian’s, “ Ripley, Jennifer Rubin, ”, Rubin, Tony Soprano, Walter White, Patrick Bateman, Dexter Morgan, Don Draper, I’ve, Emily Nussbaum, Norman Lear’s “, Archie Bunker, Carroll O’Connor, Penn Badgley, Joe Goldberg, Sociopath, Patric Gagne, Gagne, Hollywood’s, vilify, Jenna Ortega, Alex Garland’s “, Jesse Plemons —, —, Owen Gleiberman’s, “ Garland, ” Gleiberman, Ripley, sociopathy, we’ll Organizations: CNN, Netflix, Washington, Vogue Locations: Pennsylvania, ”, United States, America

☆ Here's why economists are so worried about soaring US debt levels
▼ + stars: | 2024-04-20 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Those include higher inflation, greater market volatility, and a lower quality of life for Americans. AdvertisementThe US is sitting on the biggest pile of public debt in its history, and economists are getting nervous about it. AdvertisementIt's critical for the US to sell its debt to investors, which range from institutions, individuals, and other countries. It won't be on housing, it'll be on interest," Zagorsky said. There's little the government can do to stop those problems from brewing, other than to stop taking on so much new debt, Zagorsky and Rubin say.

Persons: —, Les Rubin, Rubin, Jay Zagorsky, Zagorsky, it'll, There's Organizations: Service, Bank of America, US Treasury, Boston University, Inflation, Social Security

☆ Live Updates: Muted Reactions to Israeli Strikes on Iran Hint at De-Escalation
▼ + stars: | 2024-04-18 | by ( Alissa J. Rubin | ) www.nytimes.com time to read: +7 min

Some Democrats are fine sending defensive weapons to Israel, but want to see some limits on offensive weapons, which could be used against civilians in Gaza. But progressive Democrats estimated that 40 to 60 members of their party may oppose it on the House floor on Saturday. The legislation would allocate $5 billion to Israel’s defense capabilities and $9 billion for “worldwide humanitarian aid,” including for civilians in Gaza. “To give Netanyahu more offensive weapons at this stage, I believe, is to condone the destruction of Gaza that we’ve seen in the last six months. But they see a “no” vote as part of a strategy to pressure Mr. Biden to condition aid and halt future offensive weapons transfers.

Persons: Biden, ’, Pramila Jayapal, Joaquin Castro, We’re, Mr, Benjamin Netanyahu’s, ”, Ro Khanna, Netanyahu, Nancy Pelosi, Mike Johnson, —, Becca Balint, “, it’s, Lloyd Doggett, Doggett, Ms, Balint, Dan Kildee, Greg Casar Organizations: Democrats, Democratic, “, Congressional Progressive Caucus, ”, Democrat, Israel, Democratic Party, Republican, Republicans, Texas Democrat, White House, Michigan Democrat Locations: Israel, Gaza, Iraq, Washington, Texas, Ukraine, Taiwan, United States, Rafah, Iran, California, Yemen, Louisiana, Vermont, U.S, American

☆ With Iran’s Strikes, Arab Countries Fear an Expanding Conflict
▼ + stars: | 2024-04-15 | by ( Alissa J. Rubin | Vivian Nereim | ) www.nytimes.com time to read: +1 min

Arab countries, from the United Arab Emirates and Oman to Jordan and Egypt, have tried for months to tamp down the conflict between Israel and Hamas, especially after it widened to include armed groups backed by Iran and embedded deep within the Arab world. Some of them, like the Houthis, threaten Arab governments as well. But the Iranian drone and missile attack on Israel over the weekend, which put the entire region on alert, made the new reality unavoidable: Unlike past Israeli-Palestinian conflicts, and even those involving Israel and Lebanon or Syria, this one keeps expanding. “Part of why these wars were contained was that they were not a direct confrontation between Israel and Iran,” said Randa Slim, a senior fellow at the Washington-based Middle East Institute. “But now we are entering this era where a direct confrontation between Israel and Iran — that could drag the region into the conflict and that could drag the U.S. in — now that prospect of a regional war is going to be on the table all the time.”For the moment, the only countervailing force is the desire of both the United States and its longtime foe Iran to avoid a widening of the conflict, said Joost Hiltermann, the International Crisis Group's program director for the Middle East and North Africa.

Persons: ”, Randa Slim, Joost Hiltermann Organizations: United Arab, East Institute Locations: United Arab Emirates, Oman, Jordan, Egypt, Israel, Iran, Lebanon, Syria, Washington, —, United States, East, North Africa

☆ A Harvard professor is risking his reputation to search for aliens. Tech tycoons are bankrolling his quest.
▼ + stars: | 2024-04-08 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +26 min

The Harvard professor's research is bankrolled by tech tycoons "pissed off" at academia's dogma. But this boundary-pushing is exactly why he's backed Loeb's research. AdvertisementDesch, the astrophysicist from Arizona University, posted a critique of Loeb's work on arXiv alleging "multiple fatal flaws with the manuscript's arguments." Asked whether he no longer believes in a possible technological origin for the meteor, Loeb said they need to investigate further. As he plans more extravagant expeditions to prove the origin of the interstellar meteor, Loeb likens his critics to crows pecking at the neck of an eagle.

Persons: Avi Loeb, Loeb, —, Steven Desch, they're, Loeb's, they've, Charles Hoskinson, that's, Anibal Martel, Mark Zuckerberg, Stephen Hawking, Lucas Jackson, Oumuamua, Desch, It's, Meech, Hoskinson, Rather, Lane Turner, James Webb, Bill Diamond, Stenzel, AARO, UAPs, Loeb hasn't, Joe Rogan's, Eugene Jhong, Galileo, ", Frank Laukien, Laukien, Charles Alcock, Seth Shostak, Stephen Wolfram, Richard Branson's, Vera, Rubin, Avi Loeb Loeb, what's, Rob McCallum, Mariana Trench, James Cameron, Avi Loeb Hoskinson, spherules, Harvard's Stein Jacobsen, Loeb didn't, Monica Grady, Patricio Gallardo, it's, Diamond, That's Avi, Adam Glanzman Organizations: Harvard, Service, Arizona State University, Netflix, Galileo, Anadolu Agency, Reuters, University of Hawaii, Boston Globe, James Webb Telescope, NASA, SETI Institute, Pew Research Center, Department of Defense, UAP Department of Defense, Jhong, Bruker Corporation, Smithsonian's, for Astrophysics, MIT, Wolfram Research, Harvard University, Survey, US Space Command, Hoskinson, UK's Open University, University of Chicago, Arizona University, U.S . Government, The Washington, Getty, Loeb, Astronomy, Astrophysics Locations: Lexington , Massachusetts, United States, Getty, Loeb's, New York, Cambridge, Massachussetts, UAPs, Colorado, Chile, Papua New Guinea, 2401.09882, IM1

☆ Power by Proxy: How Iran Shapes the Mideast
▼ + stars: | 2024-04-06 | by ( Alissa J. Rubin | Lazaro Gamio | ) www.nytimes.com time to read: +2 min

Power by Proxy: How Iran Shapes the MideastTURKEY Militias in Syria and Iraq SYRIA LEBANON Iran Hezbollah ISRAEL IRAQ Hamas Egypt Saudi Arabia OMAN The Houthis Sudan YEMEN 500 miles TURKEY Militias in Syria and Iraq LEBANON SYRIA Iran Hezbollah IRAQ ISRAEL Hamas Egypt Saudi Arabia The Houthis Sudan YEMEN 500 miles The New York TimesFor years, Iran has been the outsider. Yet Iran has succeeded in projecting its military power across a large swath of the Middle East. Its reach equals — if not eclipses — that of traditional power centers like Egypt and Saudi Arabia. Altogether, Iran now supports more than 20 groups in the Middle East, directly or indirectly, with a combination of arms, training and financial aid. Here is a look at the most prominent of the armed groups backed by Iran.

Persons: Israel Organizations: TURKEY, New York Times, United Locations: Iran, Syria, Iraq SYRIA LEBANON Iran Hezbollah ISRAEL IRAQ Hamas Egypt Saudi Arabia OMAN, Sudan YEMEN, TURKEY, Iraq LEBANON SYRIA Iran, IRAQ ISRAEL Hamas Egypt Saudi Arabia, Egypt, Saudi Arabia, Gaza, United States, Israel, Iranian Embassy, Tehran

☆ The largest map of the cosmos hints that dark energy is changing. It could prove Einstein wrong and upend a pillar of modern physics.
▼ + stars: | 2024-04-05 | by ( Jessica Orwig | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

New data from the largest 3-D map of our universe suggests we may be wrong about dark energy. One of the driving forces behind that evolution is also one of our age's biggest mysteries in physics: dark energy. Einstein abandoned the idea as his "greatest blunder" in the 1930s, as astrophysicist Ethan Siegal explains, but a constant dark energy would have vindicated him. "If true, it would be the first real clue we have gotten about the nature of dark energy in 25 years," Adam Riess, a Nobel laureate for his co-discovery of dark energy, told Quanta Magazine. "The idea that dark energy is varying is very natural," Paul Steinhardt, a Princeton University cosmologist, told the magazine.

Persons: —, we're, Michael Levi, Levi, DESI, Marenfeld, Claire Lamman, Albert Einstein's, Einstein, Ethan Siegal, Albert Einstein, Ernst Haas, Adam Riess, Paul Steinhardt, Princeton University cosmologist, Riess, Vera C, Travis Lange, Jacqueline Ramseyer Orrell, NASA's Nancy Grace, Arnaud de Mattia, Mattia Organizations: Service, Lawrence Berkeley National Laboratory, American Physical Society, Princeton University, NASA, Rubin, Accelerator, Atomic Energy Commission Locations: Arizona, Princeton , New Jersey

☆ When the Rubin Museum Was Divine
▼ + stars: | 2024-04-04 | by ( Holland Cotter | ) www.nytimes.com time to read: 1 min

The Guggenheim’s mother ship interior is such a thrill that it prepares you to love whatever’s on view. The interiors of the Frick and the Morgan are intimate enough to make you feel proprietarily, and fabulously, at home. The Rubin Museum of Art also has design and art going for it. Housed in what was once the women’s wear wing of Barneys New York, it retains the store’s six-story steel-and-marble spiral staircase, and turns spaces conceived for leisurely shopping into ideally scaled galleries. And the kind of art gathered in those galleries is, in its concentration, like nothing else in town.

Persons: Frick, Morgan Organizations: Rubin Museum of Art, Barneys Locations: Barneys New York, Himalayan Asia, India, China, Tibet

☆ Opinion: Trump Media’s billion-dollar valuation makes no sense
▼ + stars: | 2024-04-02 | by ( Opinion Jill Filipovic | ) edition.cnn.com time to read: +7 min

CNN —At Trump Media, it was the best of times, and it looks like it’s headed for the worst of times. Courtesy Jill FilipovicLast week, Trump Media was valued at nearly $11 billion, an astronomical sum for a money-losing company with a few million in revenue. Truth Social, Trump Media’s answer to Twitter/X, has fewer than 500,000 monthly active US users, compared to X’s 75 million. The Trump Media story, though, is a fascinating one because it is an amplified example of so much of the Trump playbook. “The first rule of cults is: you’re never in a cult,” cult expert Daniella Mestyanek Young told Jennifer Rubin of the Washington Post.

Persons: Jill Filipovic, Donald Trump’s, Trump, Michael Ohlrogge, he’s, MAGA, there’s, Rick Ross, Robert Jay Lifton, ”, —, “, you’re, Daniella Mestyanek Young, Jennifer Rubin Organizations: Twitter, CNN, CNN —, Trump Media, Trump, NYU, Washington Post, Republican, Republican Party, RNC Locations: New York, America

☆ Why the pioneering abstract painter Janet Sobel disappeared from the art world at the height of her fame
▼ + stars: | 2024-04-01 | by ( Helen Stoilas | ) edition.cnn.com time to read: +10 min

Edward C. Robison III/Courtesy The Menil CollectionSobel’s rise in the New York art scene was speedy — and short-lived. An untitled Sobel work, featuring totemic figured rendered in crayon and gouache on drawing pad paper. There’s a lot to still learn.”An untitled Sobel work, circa 1946. Courtesy the Museum of Modern Art/The Menil CollectionAn untitled Sobel work, circa 1946-1948. James Craven/Courtesy The Menil CollectionWhat the exhibition demonstrates above all is how innovative Sobel was, in both her media and methods of application.

Persons: Jackson Pollock, Willem de Kooning, Janet Sobel, you’ve, Sobel, Edward C, Robison III, Sol Sobel, Sidney Janis, Janis, “ Janet Sobel, Clement Greenberg, Pollock, ” Greenberg, —, totemic, Paul Hester, Len Sobel —, — Sobel, Baruch, ” Len Sobel, Peggy Guggenheim, Guggenheim, Louise Bourgeois, Lee Krasner, Leonora Carrington, New Jersey —, Natalie Dupêcher, ” Dupêcher, Len Sobel, William Rubin, Rubin, Sobel —, Len Sobel’s, I’m, James Craven, …, ”, Dupêcher, “ Organizations: CNN, Brooklyn Daily Eagle, Art Students League, Arts Club of Chicago, Brooklyn Daily, New, Puma, ”, Museum of Modern Art, National Gallery of Art, Menil, Brooklyn, Pennsylvania Academy, Fine Arts, Guggenheim, EPA, of Modern Art, MoMA, San Diego Museum of Art, Crystal Bridges Museum of American Locations: New York, Paris, Brighton Beach , Brooklyn, Brooklyn, Washington ,, Houston —, Ukrainian, New Jersey, York, Manhattan, Venice, Perth Amboy, Plainfield , New Jersey, Ukraine, Bentonville , Arkansas, America

☆ Avoid these 3 common phrases—they make you look weak and insecure, experts say
▼ + stars: | 2024-03-31 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

It's important to choose your words carefully and use assertive language, say authors and communication experts Kathy and Ross Petras. "The key is to be assertive without being overly aggressive," the Petrases wrote for CNBC Make It last year. No, if you have something important to say, then say it." If you're nervous or insecure during a meeting or conversation, changing a few words won't change the way you feel. 'I don't know'"I don't know" is a common filler phrase, or crutch word, to fill space until people can complete their thoughts.

Persons: Kathy, Ross Petras, Danny Rubin, …, Rubin, Simon Taylor, Eric Yaverbaum, Yaverbaum Organizations: CNBC, Ericho Communications

☆ New Jersey Ballot Ruling Applies Only to Democratic Race, Judge Says
▼ + stars: | 2024-03-31 | by ( Stefanos Chen | ) www.nytimes.com time to read: +1 min

New Jersey moved a step closer last week toward overhauling its unique-in-the-nation election ballots, in a decision that could reshape party politics in the state for years to come. On Saturday, the federal judge who ordered the redesign, in response to a lawsuit filed in February by three Democratic candidates, said in a statement that only the Democratic primary, which includes the race to replace Senator Robert Menendez, would have to use the new ballot. The Republican ballot, he wrote, can stay the same, though he said his order did not prohibit Republican leaders from choosing to alter their party’s ballot. The clarification is the latest twist in a long legal battle in New Jersey to shift the balance of electoral power away from party-backed candidates and open the door for newcomers in both parties. “If this decision holds, it will completely upend New Jersey politics.”

Persons: Robert Menendez, Julia Sass Rubin, “ It’s, Dr, Rubin, ” Organizations: Democratic, Republican, Rutgers University Locations: Jersey, New Jersey, upend New Jersey

☆ How Donald Trump, Joe Biden and grassroots liberals could upend Democratic politics in one of the country’s bluest states
▼ + stars: | 2024-03-24 | by ( Gregory Krieg | ) edition.cnn.com time to read: +17 min

Menendez announced Thursday that he would not run for reelection in the Democratic primary but again left open the possibility of an independent bid this summer. New Jersey Rep. Andy Kim greets supporters outside the Bergen County Democratic convention in Paramus on March 4, 2024. “Corrupt systems like the ‘county line’ in New Jersey (is) an enemy because that dissuades folks from actually getting involved. Kim speaks to delegates during the Bergen County Democratic convention in Paramus, New Jersey, on March 4, 2024. In Camden County, where the local boss keeps a tighter grip, video of another Senate candidate, progressive Patricia Campos-Medina, being blocked from entering the county Democratic convention went viral.

Persons: Andy Kim, Donald Trump, Joe Biden, Tammy Murphy, Kim, Murphy, Sen, Bob Menendez, Menendez, Phil Murphy, Seth Wenig, Olivia Liu, –, Trump, ”, Julia Sass Rubin, Rubin, ” Rubin, Sue Altman, ” Altman, Goldman Sachs, Cori Bush, Ezra Levin, Levin, ” Levin, isn’t MAGA, don’t, we’ll, Altman, Zahid Quraishi’s, ” “ I’m, ” Kim, “, Kim’s, Alexandra Altman, Katey Sabo, Matt Platkin, Platkin, Governor Murphy, ” Murphy, Mahen Gunaratna, Patricia Campos, Rachel Hodes, ” Hodes, Steven Fulop, ” Fulop, “ I’ve Organizations: Jersey City , New Jersey CNN, Democratic, Garden State, Democrats, Capitol, New, . New, . New Jersey Rep, Bergen County Democratic, Tammany Hall of, New Jersey Democratic, ”, Asbury Park Press, USA, Though New, Though New Jersey Democrats, Congressional, Democratic National Committee, Justice Democrats, Democratic Party, Families Alliance, CNN, –, Hoboken Democrats –, Hudson County Democratic Organization, Hoboken Democratic, Hoboken Democrats, Jersey City, Senate, New Jersey Republicans Locations: Jersey City , New Jersey, Trenton, South Jersey, New Jersey, Garden, ., . New Jersey, Bergen County, Paramus, Siberia, Long Branch , New Jersey, Rutgers, enmesh, Though, Though New Jersey, Alexandria, Cortez, New York, Missouri, Paramus , New Jersey, Jersey, Kim’s, Morris, Atlantic, Camden County, Medina, Hoboken

☆ Fanatics fires back at DraftKings' claims of corporate espionage in bitter legal battle
▼ + stars: | 2024-03-22 | by ( Contessa Brewer | ) www.cnbc.com time to read: +1 min

Fanatics founder and CEO Michael Rubin at his office in New York. Sports merchandise giant Fanatics is firing back against sportsbook giant DraftKings in an ongoing legal fight over Fanatics' hiring of a top DraftKings executive. In February, Hermalyn accepted a position as the president of Fanatics VIP and head of Fanatics' Los Angeles office. He reports directly to CEO Michael Rubin. DraftKings is suing Hermalyn in federal court, arguing he downloaded confidential company documents and tried to recruit other employees away from DraftKings.

Persons: Michael Rubin, Michael Hermalyn, Hermalyn, DraftKings, Rubin Organizations: Sports, DK Locations: New York, Massachusetts, Los Angeles, DraftKings

These tactics by defendant and defense counsel should be stopped," the DA's filing said, referring to Trump's attempts to further delay or derail the trial. In its filing Thursday, the DA's office called their arguments "a red herring." Federal prosecutors alleged Cohen paid the women off "in coordination with and at the direction of" Trump, who was not charged in the federal case. The former president has pleaded not guilty in the DA's case. A hearing on the matter is scheduled for Monday, when the judge could set a new trial date.

Persons: Attorney Alvin Bragg, Donald Trump, Alvin Bragg's, Robert Mueller's, Trump, Michael Cohen, Cohen, Judge Juan Merchan, it's, Stormy Daniels, didn't, Merchan Organizations: Manhattan, Attorney, Manhattan Federal, Trump, U.S Locations: Manhattan, New York, Russia

From 1985 to 2002, he worked at Goldman Sachs, one of the most storied — and criticized — investment banks on Wall Street. He famously swooped in to turn around the struggling IndyMac bank after its failure in the financial crisis of 2008. Earlier this month, Mnuchin jumped back into the headlines when his PE firm led a roughly $1 billion investment in embattled New York Community Bancorp. In 2009, OneWest Bank Group, where Mnuchin was chairman and CEO, bought the troubled IndyMac after federal regulators took over the bank. Mnuchin was Treasury secretary in 2020, when the Trump administration brokered a deal where Oracle and Walmart would take a large stake in TikTok.

Persons: Steven Mnuchin, Donald Trump’s, Goldman Sachs, Mnuchin, Max, Mnuchin's dealmaking, Robert Weissman, ” Weissman, Robert Rubin, Clinton, Weissman, couldn’t, NYCB, George Soros, John Paulson, OneWest, Kevin Kaiser, “, ” Kaiser, Maxine Waters, ”, Trump, doesn't, Chris Caulfield, ” Caulfield, ” ___ Rugaber Organizations: Trump, Public Citizen, Treasury, Treasury Department, Liberty Strategic Capital, Citizens, New York Community Bancorp, OneWest Bank Group, Federal, of Insurance Corp, FDIC, Wharton School, Oracle, Walmart, CNBC Locations: Wall, TikTok, Saudi Arabia, East, Washington, Congress, U.S, China, West Monroe, “

Former President Donald Trump's attorneys are asking the judge presiding over his impending criminal trial in New York to delay the trial until after the U.S. Supreme Court issues its ruling on the scope of presidential immunity. If granted, the longshot bid would delay the trial, which is scheduled to start March 25, by several weeks, if not months. While actress Stormy Daniels received the money from Trump's attorney Michael Cohen before he became president, Trump's payments to Cohen — and the allegedly falsified business records — came after he was in the White House. His lawyers contend Judge Juan Merchan should delay the trial until after the Supreme Court issues its ruling on the scope of presidential immunity in the federal election interference case against the former president. The high court is scheduled to hear arguments in that case on April 25.

Persons: Donald Trump, Donald, Trump, Stormy Daniels, Michael Cohen, Cohen —, —, Judge Juan Merchan Organizations: Fox News, Greenville Convention Center, U.S, Supreme Locations: Greenville, Greenville , South Carolina, New York

☆ Trump may have defamed E. Jean Carroll again, one day after posting a $91.6 million bond for last case
▼ + stars: | 2024-03-10 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Republican presidential candidate and former President Donald Trump reacts to supporters as he arrives on stage during a Get Out the Vote Rally March 2, 2024 in Richmond, Virginia. Former President Donald Trump on Saturday stood by his 2019 statement that writer E. Jean Carroll made a "totally false accusation" against him, despite similar claims resulting in him losing a defamation case in January. On top of the $83.3 million in damages is a $5 million sexual abuse and defamation verdict that Carroll won against Trump last year. Trump also shared his concerns about Lewis Kaplan, the federal judge who denied his request to delay the defamation judgment, calling him a "Trump-deranged, angry man." Both Carroll's legal team and the Trump campaign did not immediately respond to CNBC's request for comment.

Persons: Donald Trump, E, Jean Carroll, Trump, Carroll, defaming, he'd, didn't, Lisa Rubin, Lewis Kaplan Organizations: Trump Locations: Richmond , Virginia, Rome , Georgia, New York

☆ President Biden wants higher taxes on Corporate America's stock buybacks
▼ + stars: | 2024-03-07 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

President Biden wants to increase the taxes on those buybacks. Corporations prefer stock buybacks Corporate America has wide latitude on what it does with the cash flow it generates. Excess cash will typically fall into three buckets: buybacks, dividends and capital expenditures. Capital expenditures $597 b. "However, if economic growth momentum instead continues to build, investors may begin to increasingly reward companies that are investing for growth," Goldman said.

Persons: Biden, Goldman Sachs Jeffrey Yale Rubin, Goldman Sachs, Goldman, Tesla, Meta, Biden's, Howard Silverblatt, Silverblatt Organizations: America, buybacks, Birinyi, P Global Locations: buybacks, America

☆ Woman Could Have Prevented Great Recession; Ignored by Wall Street Men
▼ + stars: | 2024-03-04 | by ( Josie Cox | ) www.businessinsider.com time to read: +21 min

The story of Brooksley Born is not only the tale of a remarkable regulator whose Cassandra-like warnings — if heeded — could've prevented the great financial crisis from exploding into raging, ruinous enormity. Not long after she assumed chairmanship of the CFTC, Born started to feel a lingering unease with the rapidly expanding derivatives market. So to Rubin, Born was more of an inconvenience than anything, and she certainly wasn't in his club. Not long after, Treasury officials lobbied Congress to pass legislation preventing the CFTC from being able to regulate the OTC derivatives market. In the months and years that followed, it became increasingly hard to deny that the multi-trillion-dollar OTC derivatives market was the root cause of the great financial crisis.

Persons: Lehman Brothers, jolting, — could've, It's, Potter Stewart, Henry Edgerton, Porter, she'd, Bill Clinton, Clinton, Janet Reno, Brooksley, Michael Greenberger, Born, Gibson, weren't, Robert Rubin, Goldman Sachs, Rubin, Michael Hirsh, Alan Greenspan, Greenspan, Ayn Rand, Hirsh ., Hirsh, Greenspan didn't, braggadocian machismo, lauding Rubin, Lawrence Summers, Arthur Levitt, Josie Cox, Levitt, Summers, Jim Leach, Richard Lugar, —, Bethany McLean, Joe Nocera, Bob Rubin, Born's Cassandra, George W, Bush, Lauren Rivera, Christine Lagarde, Lehman, ABRAMS Organizations: Stanford University, Stanford Law School, Stanford, Appeals, District of Columbia Circuit, Arnold, Futures Trading Commission, American, CFTC, Bankers Trust, Procter, Gamble, Sumitomo, Federal Reserve, Fed, Securities and Exchange Commission, Financial Markets, Abrams, Term Capital Management, Enron, SEC, Born, Northwestern's Kellogg School of Management, Financial, International Monetary Fund, Lehman Brothers, Reuters, Street, The Washington Post, Guardian, Abrams Press Locations: California, Vietnam, United States, Washington, America, ABRAMS , New York

☆ Jewish Students Describe Facing Antisemitism on Campus to Members of Congress
▼ + stars: | 2024-03-01 | by ( Anemona Hartocollis | ) www.nytimes.com time to read: +1 min

Nine Jewish students from prominent universities told members of Congress on Thursday that they feel unsafe on campus, but that their complaints of antisemitism had been waved away by university administrations. At a bipartisan round table organized by the House Committee on Education and the Workforce, the students described various episodes of antisemitism they had experienced on campus since the Oct. 7 attack by Hamas on Israel, accusing their schools of pandering to violent and disruptive protesters while minimizing the threat to Jewish students. “I’ve been told over and over again that the university is taking these issues seriously, but always — no action,” said Noah Rubin, a student at the University of Pennsylvania. The round table in Washington was led by Representative Virginia Foxx, a Republican from North Carolina. The 20 members of Congress, including Ms. Foxx, who participated were evenly divided between Republicans and Democrats.

Persons: “ I’ve, ”, Noah Rubin, Representative Virginia Foxx, Foxx Organizations: Education, Workforce, University of Pennsylvania, Representative, Republican, Republicans, Democrats Locations: Israel, Washington, North Carolina

☆ The Wild West carbon credit era might be coming to an end as sales hit record high
▼ + stars: | 2024-02-26 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +5 min

Carbon credits have been through a tough time. But since then, the voluntary carbon market (VCM), where carbon credits are traded, has faced intense criticism for the actual emission reduction the credits provided. "So, definitely, it was a bumpy ride," said Allister Furey, cofounder and CEO of carbon credit rating and data provider Sylvera. In a vote of confidence from venture capitalists, January also saw carbon credit insurer CarbonPool secure $12 million, carbon credit investment platform Cultivo raise $14 million, and carbon project developers platform BlueLayer come out of stealth with $10 million. In all, it signals the start to the end of the carbon credit "wild west," Sylvera's Furey said.

Persons: couldn't, Verra's, Allister Furey, issuances, Mark Kenber, Sylvera's Furey, Lubomila Jordanava, Nathan Bonnisseau, Lubomila Jordanova, Magnus Drewelies, Ben Rubin Organizations: Business, Guardian, BI, Sylvera, Carbon Business

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