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☆ Judge Engoron’s ruling: What will it mean for Donald Trump’s businesses?
▼ + stars: | 2024-02-17 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +5 min

There is still a lot to parse from the ruling and its potential impact on Trump’s business empire, but here’s what we know so far. And Trump himself might have been permanently barred from the New York state real estate industry, something James had requested. The ruling extended the monitor’s role “for no less than three years.”That new governance structure is the reason Judge Engoron cited for not cancelling the Trumps’ business certificates. “The court’s decision to impose governing requirements [on Trump’s businesses] makes the injunction more likely to survive appeal,” Thomas said. First, at the Appellate Division and then at the New York State Court of Appeals.

Persons: Donald Trump, Trump, Donald Jr, Eric, — Trump, Judge Arthur Engoron, Letitia James, “ Trump, ”, Will Thomas, Ross, James, David Cay Johnston, Engoron, “, ” Thomas, can’t, It’s, it’s, recently, Jean Carroll, Thomas, he’s, Johnston Organizations: New, New York CNN, Trump Organization, New York, New York State, University of Michigan’s Ross School of Business, Trump, Independent Monitor, Appellate Division, of Appeals Locations: New York, New York State, ”

NEW YORK (AP) — Donald Trump's legal debts might now exceed a half-billion dollars. The verdict in the civil fraud trial requires Trump to pay interest on some of the deal profits he has been ordered to give up. As part of Friday’s ruling, the judge also ordered both of Trump’s sons to pay $4 million apiece. Last month, he was ordered to pay nearly $400,000 in legal fees to The New York Times after suing the newspaper unsuccessfully. Under the judge's ruling Friday, Trump would still be liable to pay even if the Trump Organization declares bankruptcy.

Persons: — Donald Trump's, Trump, Jean Carroll, Carroll, Letitia James, Hillary Clinton, Will Thomas, “, ” Thomas, that’s, ”, Daniel Weiner, Brennan, ” Weiner, We’re Organizations: Trump, New York, New York Times, New, University of Michigan, D.C, Truth, Trump’s, Commission, Trump Organization Locations: York, New York, Washington

☆ Brazen ransomware attack on US unit of Chinese banking giant has financial sector on alert
▼ + stars: | 2023-11-10 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +5 min

It led to a flurry of behind-the-scenes coordination with the affected bank and across the financial sector about the threat. The hackers hit New York-based ICBC Financial Services, a subsidiary of the world’s largest bank by assets and a Chinese state-owned institution. ICBC Financial Services did not respond to CNN’s request for comment on Friday. “If China sees this as a black eye, they may demand action from the Russian government,” Liska told CNN. LockBit ransomware was the most deployed ransomware around the world in 2022, according to US cybersecurity officials.

Persons: ”, “, ” Jon Miller, Halcyon, BNY Mellon, LockBit, Allan Liska, ” Liska, JPMorgan Chase, LockBit ransomware, ” Will Thomas Organizations: CNN, Commercial Bank of, Intelligence, Financial Services, Treasury, ICBC Financial, Reuters, JPMorgan, FBI, Infrastructure Security Agency, Treasury Department Locations: Commercial Bank of China, US, York, China, Russia, United States, Iran, cybersecurity

☆ Future of Trump’s business empire could be hit by his fraud trial
▼ + stars: | 2023-11-08 | by ( Alicia Wallace | Nicole Goodkind | ) edition.cnn.com time to read: +6 min

Minneapolis CNN —The New York civil fraud trial of former President Donald Trump carries extremely high stakes for the self-proclaimed business mogul. “It’s between severe and seismic” as to the effects on Trump’s businesses, Thomas told CNN on Monday. Early last month, an appeals court judge paused the dissolution process for the duration of the ongoing $250 million fraud trial. A New York judge fined Donald Trump's family business the maximum penalty of $1.6 million for committing tax fraud. “[Trump] has largely been absent from the New York market for a long time,” he said.

Persons: Donald Trump, Trump, Will Thomas, Thomas, Arthur Engoron, Engoron, Victor J, ” Thomas, Adam Leitman Bailey, Bailey, ”, Alina Habba, they’re, “ They’re, Donald Trump's, Angela Weiss, you’re, — that’s, ” Trump, John Coffee, Trump’s, Jonathan Miller, Miller Samuel, ” Miller, it’s Organizations: Minneapolis CNN, The, University of Michigan’s Ross School of Business, “, CNN, Trump Organization, Trump, Bloomberg, Getty, Mar, New York, AFP, Columbia Law School, First Department, Miller Samuel Inc, New Locations: Minneapolis, York, Manhattan, New York, Westchester County , New York, Trump’s Florida, Aberdeen, Scotland, SoHo, New York City, AFP

☆ Maestro Accused of Striking Singer at Performance Apologizes
▼ + stars: | 2023-08-24 | by ( Javier C. Hernández | More About Javier C. Hernández | ) www.nytimes.com time to read: +1 min

The incident occurred Tuesday night after a concert performance of the first two acts of Berlioz’s opera “Les Troyens” at the Festival Berlioz in La Côte-Saint-André in southeastern France. “I deeply regret the incident which occurred at the Festival Berlioz at La Côte-Saint-André on Tuesday evening and apologize unreservedly for losing my temper immediately after the performance,” Gardiner said in the statement. “I make no excuses for my behavior and have apologized personally to Will Thomas, for whom I have the greatest respect. I do so again, and to the other artists, for the distress that this has caused.”“I know that physical violence is never acceptable and that musicians should always feel safe,” he added. “I ask for your patience and understanding as I take time to reflect on my actions.”

Persons: John Eliot Gardiner, Gardiner, William Thomas, Monteverdi, Les, ”, “, Berlioz, La, unreservedly, ” Gardiner, Will Thomas Organizations: Monteverdi Choir, Orchestre Locations: France, La Côte

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