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☆ E. Jean Carroll seeks to expedite Trump’s appeal of verdict from first defamation civil trial
▼ + stars: | 2024-05-15 | by ( Lauren Del Valle | ) edition.cnn.com time to read: +2 min

CNN —Lawyers for E. Jean Carroll have asked a federal appeals court to expedite Donald Trump’s appeal of the verdict in their first trial in which a jury awarded Carroll $5 million in damages after finding Trump liable for defamation and battery in May 2023. The motion with the 2nd US Circuit Court of Appeals filed Tuesday cites Trump’s numerous attempts to delay both trials with Carroll as a signal that he’s likely to drag out the appeal. The jury in the second trial held in January determined Trump should pay Carroll $83.3 million in damages for defaming her. Her lawyers also asked the appeals court to consider the author’s progressing age. Carroll is an 80-year-old woman who has struggled mightily to obtain justice for almost five years,” the filing says.

Persons: Jean Carroll, Donald Trump’s, Carroll, Trump, Trump’s, “ Donald J, “ Ms, mightily Organizations: CNN, E, 2nd US, Carroll

☆ The battle over Disney’s future is about to be decided in a high stakes board vote
▼ + stars: | 2024-04-02 | by ( Hadas Gold | Samantha Delouya | ) edition.cnn.com time to read: +8 min

Two competing slates of board seats are now up for a vote against Disney’s. Peltz has criticized Disney’s recent theatrical flops and said the company should reach “Netflix-like margins” with its Disney+ streaming service, among other issues. If Peltz is successful, he and Rasulo could gain up to two seats on the board, displacing Disney’s picks. More than 35% of Disney’s shares are held by these individuals, who could seriously sway the vote. The influential advisory firms Institutional Shareholder Service and Egan-Jones have also thrown their support behind Peltz for at least one seat on the board.

Persons: Nelson Peltz, Jay Rasulo, Peltz, Ike Perlmutter, Bob Iger, ” Barton Crockett, Disney, ” Trian, Rasulo, Iger, Bob Chapek, Peltz —, —, It’s, ” Peltz, Perlmutter, ”, “ They’ve, ’ ” Crockett, Anna, Elsa, Ludwig Von Drake, “ Disney, George Lucas, Jamie Dimon, Michael Eisner, Laurene Powell Jobs, Abigail E, they’ve, ” Jessica Reif Ehrlich, “ Nelson Peltz, Neuberger Berman, Egan, Jones, ” Crocket, CNN’s Liam Reilly, Krystal Hur Organizations: CNN, Disney, Magic Kingdom, Disney’s, Trian Fund Management, Blackwells, Marvel, Netflix, Rosenblatt Securities, ESPN, ABC, Google, JPMorgan Chase, BofA Securities, California, Service Locations: Trian

☆ Jim Cramer: Why a successful Reddit IPO would be bad news for this bull market
▼ + stars: | 2024-03-03 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

There's nothing like a moribund IPO market to create a pleasant backdrop for a bull run. Hot on the heels of the Reddit deal is the expiration of the IPO lockup period for Arm Holdings on March 12. I thought it might occur after the successful Arm deal, but like so many nascent attempts to revive the IPO market there was nothing worth following up with until the Reddit deal. This brings me back to the IPO market. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: We've, It's, Reddit, Sam Altman, Conde Nast, Rene Haas, Steve Huffman, Reddit's, —, isn't, Morgan Stanley, Goldman Sachs, Uber, Jim Cramer's, Jim Cramer, Jim, Mateusz Slodkowski Organizations: Advance Magazine Publishers, Arm Holdings, Company, Nvidia, Employees, GameStop, Supply, Amazon, Walmart, Securities and Exchange Commission, Investors, Fidelity, ICE, Costco, Rite Aid, Tech, Microsoft, Meta, Federal Trade Commission, White House, Jim Cramer's Charitable, CNBC, Getty Locations: British, TheStreet.com, Reddit, POLAND

☆ A US productivity boom may explain how inflation slowed amid a strong economy
▼ + stars: | 2024-02-17 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

If productivity is strong, that means the US economy is doing more with less, or being more productive. Productivity is measured by dividing all the goods and services produced in the economy by every hour people worked. “But the economy did well, so that translated into higher productivity, supporting higher wage growth and fending off inflation from accelerating.”Last year’s productivity boom could also be a combination of all of the above. Still, it may be too soon to know if last year’s productivity burst was truly a transformative shift in the US economy. “Sometimes at the very end of an economic cycle, productivity can be boosted by cost-saving measures,” Goodwin of New York Life Investments said.

Persons: ” Lauren Goodwin, Mark Zandi, John Min, Austan Goolsbee, It’s, ” Min, ” Goodwin, ” Organizations: DC CNN, Labor Department, New York Life Investments, CNN, Microsoft, Meta, Citigroup, Monex, Federal Reserve, Chicago Fed, Bloomberg Locations: Washington

He's a different man, for that matter, a father of two these days with different priorities in life. You learn how to be patient,” said Mahomes, who will lead the AFC champion Chiefs into a Super Bowl rematch against the NFC champion 49ers on Sunday. In some ways, Mahomes had to reinvent himself, becoming what he once seemed to loath: a game manager. I mean, I remember my mom used to get mad at me, because I would throw — like, you know, kids throw the ball off the wall? “It's humbling,” Mahomes said, “because I never thought I would be in this many Super Bowl games, honestly.

Persons: HENDERSON, — Patrick Mahomes, ”, Mahomes, “, I've, it's, Travis Kelce, ” Mahomes, didn't, Pat Mahomes, Mahomes —, Sterling, He's, Andy Reid, Reid, “ It's Organizations: Kansas City Chiefs, San Francisco 49ers, AFC, Chiefs, NFC, 49ers, NFL, Buffalo, Kansas City, ” Chiefs, Super Locations: Nev, Kansas, Baltimore

Morgan, who has spent the past three seasons as the Panthers' assistant GM, will oversee the personnel operation, the team announced. The team had requested interviews with eight candidates: Giants assistant GM Brandon Brown, Buccaneers assistant GM Mike Greenberg, Chiefs vice president of football operations Brandt Tilis, Eagles assistant GM Alec Halaby, Saints assistant GM Khai Harley, Ravens vice president of football administration Nick Matteo, Colts assistant GM Ed Dodds and Raiders interim GM Champ Kelly. He went on to work as director of player personnel for the Buffalo Bills before returning to the Panthers as assistant GM in 2021. A first-round draft pick in 2001, he helped the Panthers reach their first Super Bowl in 2003, anchoring the middle of the defense. He played seven seasons for Carolina set an NFL record with 25 tackles in the Panthers' Super Bowl loss to the New England Patriots on Feb. 1, 2004.

Persons: CHARLOTTE, Dan Morgan, Morgan, David Tepper, Scott Fitterer, Bryce Young, Dan, ” Tepper, ” Morgan, Tepper, Brandon Brown, Mike Greenberg, Brandt Tilis, Alec Halaby, GM Khai, Nick Matteo, Ed Dodds, Champ Kelly, Frank Reich, Matt Rhule, Ron Rivera, Chris Tabor, Steve Wilks, Perry Fewell, Ben Johnson, Frank Smith, Bobby Slowik, Dave Canales, Brian Callahan, Todd Monken, Dan Quinn, Raheem Morris, Mike Macdonald, Tabor, Ejiro Evero, Young, mightily, Sam Howell, Eddy Pineiro, ___ Organizations: The Carolina Panthers, Panthers, New York Jets, Giants, Buccaneers, Chiefs, Eagles, GM Khai Harley, Ravens, Colts, Raiders, Seattle Seahawks, Buffalo Bills, Carolina, New England Patriots, Pro, Lions, Dolphins, Cowboys, Rams, The Panthers, Cleveland Browns Locations: N.C, Alabama, Carolina

Ron DeSantis suspended his Republican presidential campaign on Sunday, ending his 2024 White House bid just before the New Hampshire primary while endorsing his bitter rival Donald Trump. Ambassador Nikki Haley as the last major candidates remaining in the race ahead of Tuesday’s New Hampshire primary. “Option A: Nikki Haley drops out, unites behind President Trump, and commits to defeating Joe Biden," they wrote. “Option B: Nikki Haley prepares to be absolutely DEMOLISHED and EMBARRASSED in her home state of South Carolina," which votes on Feb. 24. Rep. James James Spillane, of Deerfield, said he had initially backed Trump, switched to DeSantis and will now vote for Trump.

Persons: Ron DeSantis, Donald Trump, Trump, Nikki Haley, DeSantis, Haley —, ” DeSantis, “, Haley, he’s, it’s, “ DeSantis, DeSantis ’, I’ve, Anthony Fauci, Joe Biden, ”, Chip Roy, ” Trump, Chris LaCivita, Susie Wiles, Ron, Ron DeSanctimonious ”, James James Spillane, Lisa Mascaro, Thomas Beaumont, Michelle L, Price Organizations: MANCHESTER, —, — Florida Gov, Republican, New, GOP, Trump, Republican Party, Sunday, New Hampshire Sunday, New Hampshire, Manchester, Associated Press Locations: N.H, — Florida, New Hampshire, Tuesday’s, Hampshire, Seabrook , New Hampshire, Iowa, Florida, South Carolina, Trump, Texas, United States, New, Manchester, Deerfield, Washington, Des Moines , Iowa, Manchester , New Hampshire

☆ The ‘Brotherly Shove’: Why in vogue ‘Tush Push’ has become unstoppable play in the NFL
▼ + stars: | 2024-01-15 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +8 min

Yet the Philadelphia Eagles seem close to harnessing the power of certainty thanks to one play: “The Brotherly Shove.”A play on Philadelphia’s “City of Brotherly Love” nickname, the “Brotherly Shove” – also known as “The Tush Push” – has become the NFL’s most talked about play. The “Tush Push” is the Eagles’ own version of the quarterback sneak and is brought out when Philadelphia finds itself in short-yard situations. The brotherly shove has become the NFL's most talked about play. “Games are being decided by [the ‘Tush Push’] and the Eagles are winning games because of it. The formidable Eagles offensive line is always one step ahead of the opposition when it comes to the "Tush Push."

Persons: ”, Jalen, Eric Hartline, Brian Baldinger, Baldinger, you’ve, ” Baldinger, They’ve, Mike Carlson, Nick Sirianni’s, Brooks Kubena, Kubena, “, It’s, ‘, Shane Steichen, Brian Johnson, they’ve, Jason Kelce, Lane Johnson, Jordan Mailata, Cooper Neill, ” Richie Gray, Kelce, Gray, Jeff Stoutland, ” Gray, Ronald Martinez, Kenneth Gainwell, DeVonta Smith, D’Andre Swift, “ They’ve, “ It’s, it’s, Sirianni, ” Sirianni, Troy Vincent, Nick Bosa Organizations: CNN, National Football League, Philadelphia Eagles, Eagles, Tampa Bay Buccaneers, USA, Sports, Reuters, NFL, CNN Sport, Star, “, Indianapolis Colts, Dallas Cowboys, Athletic’s Eagles, Philadelphia, Arizona Cardinals, Washington, French rugby club Toulon Locations: “ City, Philadelphia

☆ McCarthy visited Mar-a-Lago after January 6 because staffers said Trump was 'not eating,' Liz Cheney writes in forthcoming book
▼ + stars: | 2023-11-29 | by ( Katherine Tangalakis-Lippert | John L. Dorman | ) www.businessinsider.com time to read: +5 min

Liz Cheney reveals why Kevin McCarthy visited Mar-a-Lago after January 6. Cheney wrote McCarthy said Trump was "depressed" after the attack on the Capitol and wasn't eating. Cheney asked the then-House Minority Leader from California following his visit, CNN reported in an excerpt from her book. "They're really worried," McCarthy told Cheney, who at the time was the chair of the House Republican Conference. Advertisement"I didn't know they were going to take a picture," McCarthy reportedly said, according to the book.

Persons: Liz Cheney, Kevin McCarthy, Cheney, McCarthy, Trump, —, Kevin McCarthy's, Donald Trump, Kevin, They're, McCarthy —, Brown, Jerry Maguire, Tom Cruise, Renée Zellweger, Kevin McCarthy’s, Leader McCarthy, ”, aTwUW1nAuB — Jenn Franco KESQ, Biden, Alexander Burns, Jonathan Martin, pushback, Matt Gaetz, Harriet Hageman Organizations: Capitol, Service, Wyoming GOP, CNN, House Republican Conference, Mar, Company, Business, Trump, Save America PAC, “, Republican, Republicans, America's, GOP Locations: Lago, Wyoming, South Florida, California, Cheney, Florida, Trump

Tim Boyle will be the New York Jets’ starting quarterback against the Miami Dolphins on Friday, two people familiar with the decision told The Associated Press. Wilson and the Jets’ offense have struggled mightily this season, and coach Robert Saleh pulled the 2021 No. New York went 0 for 11 on third down, but went 4 for 5 on fourth down against Buffalo. The Jets scored their first touchdown on offense since Oct. 29 on their only trip inside the Bills 20 on Sunday. Boyle was signed by Chicago off Detroit’s practice squad in November 2022 and spent the rest of the season with the Bears.

Persons: Tim Boyle, Boyle, Zach Wilson, Aaron Rodgers, Achilles, hasn't, Wilson, Robert Saleh, Wilson —, ” Wilson, Michael Carter, Jeremy Ruckert, Israel Abanikanda, Xavier Gipson, Jason Brownlee, Nathaniel Hackett, Rodgers, Trevor Siemian, Tim, ” Saleh, “, ___ Organizations: New York Jets, Miami Dolphins, Associated Press, NFL, Detroit Lions, NFL Network, Jets, Buffalo, AFC East, Dolphins, Black, Israel, New York, The Jets, Detroit, Lions, Chicago, Bears Locations: New York, New, Eastern Kentucky, Green Bay

☆ Colombia fight back to shock Brazil, Uruguay beat Messi's Argentina
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +3 min

Nov 17 (Reuters) - Brazil lost their second consecutive World Cup qualifier match as Colombia fought back to win 2-1 against the five-times champions, who dropped to fifth place in the South American standings on Thursday. Brazil started well and dominated early proceedings, taking the lead in the fourth minute through a strike by Gabriel Martinelli, assisted by Vinicius Jr.'s fine first touch pass. Diaz burst into tears as he dedicated the win to his father who was celebrating emotionally in the stands. Goals in each half from Ronald Araujo and Darwin Nunez gave Uruguay victory over Lionel Messi's Argentina in a nervy affair at the World Cup champions' Bombonera stadium in Buenos Aires. The visitors were the better side from start to finish and the win put them second in the standings on 10 points, two behind Argentina.

Persons: Luis Diaz, Gabriel Martinelli, Vinicius Jr, Alisson, Diaz, Ronald Araujo, Darwin Nunez, Lionel Messi's, Araujo, Emiliano Martinezm, Nunez, mightily, Messi, TyC, Fernando Kallas, Michael Perry, Simon Cameron, Moore Organizations: Liverpool, Real Madrid, Metropolitano, Argentina, URUGUAY OUTCLASS WORLD, BUENOS AIRES, South America, Uruguay, World, TyC Sports, Thomson Locations: Brazil, Colombia, Barranquilla, Rio de Janeiro, URUGUAY, BUENOS, BUENOS AIRES Argentina, Uruguay, Lionel Messi's Argentina, Buenos Aires, Venezuela, Ecuador

But consumer advocacy groups complained, arguing PG&E could save ratepayers money and still reduce wildfire risk by putting a protective covering over the power lines instead of burying them. Commissioners decided to let PG&E bury 1,230 miles (1,979 kilometers) of power lines, which would be $1.7 billion cheaper than PG&E's proposal. For low-income customers who qualify for discounted rates, PG&E said typical monthly bills will increase by $21.50 next year, followed by a $3 per month increase in 2025 before decreasing by $5.50 per month in 2026. The turning point for PG&E came in 2018 when a windstorm knocked down one of its power lines in the Sierra Nevada foothills that started a wildfire. The company has pledged to bury 10,000 miles (16,093 kilometers) of power lines over the next decade.

Persons: ”, John Reynolds, Patti Poppe, undergrounding powerlines, Gavin Newsom, ratepayers, Darcie Houck, Cheryl Maynard Organizations: Pacific Gas & Electric, California Public Utilities Commission, Reform Network, E, Democratic Gov, & $ Locations: SACRAMENTO, Calif, California, Sierra Nevada

FLORHAM PARK, N.J. (AP) — Aaron Rodgers will have the final call on whether he plays again this season for the New York Jets — if and when he gets medical clearance. “Aaron’s a big boy, a grown man, and no one’s going to know Aaron’s body like Aaron knows his body,” Saleh said. Rodgers, who turns 40 on Dec. 2, has repeatedly said his goal is to return late this season. “If I have a great week this week and next week, that could be accelerated,” he said on “The Pat McAfee Show” on Tuesday. “And I think Aaron’s just icing on the cake.”A return this season by Rodgers would be unprecedented in terms of recovery time.

Persons: — Aaron Rodgers, Robert Saleh, Achilles, “, Aaron, ” Saleh, Rodgers, NBC’s Melissa Stark, ”, Pat McAfee, we’re, Zach Wilson, waiving, Michael Carter, Saleh, Israel Abanikanda, Carter “, It’s, it's, Kenny Yeboah, Tanzel Smart, DB Craig James, ___ Organizations: New York Jets, Wednesday, Jets, Raiders, Miami, Washington, Cleveland, AFC East, Buffalo, ., Atlanta, Houston, Sunday, The Jets Locations: FLORHAM, N.J, Las Vegas, . New York, York, New York, Los Angeles

☆ The Trump Era has been an electoral fiasco for Republicans. What comes next might not be any better.
▼ + stars: | 2023-11-08 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Trump has created a Republican Party that struggles mightily when he's not on the ballot. At the same time, the former president's unpopularity can make him radioactive to once-loyal GOP voters. It's unclear how the Republican Party will chart its future out of this current trap. AdvertisementAdvertisementThe Republican Party is in disarray. "Daniel Cameron lost because he couldn't alleviate the stench of Mitch McConnell," Trump wrote on Truth, his social media platform, just days after effusively praising Cameron.

Persons: Trump, he's, —, Donald Trump, Andy Beshear, Joe Biden, Glenn Youngkin's, Nate Silver, Erick Erickson, Daniel Cameron, Mitch McConnell, Cameron, McConnell, Romney, MAGA, Obama, Biden, Kevin McCarthy, Marjorie Taylor Greene, Tuesday's Organizations: Republican Party, GOP, Service, Kentucky Gov, Trump, Alabama, Republican, Tea Party, House Republicans, Republicans, Beshear, Chamber, Commerce, Party of Locations: Virginia, Georgia, Arizona, Lincoln, Iowa, Florida

The departure from the race came less than 90 days before the Iowa caucuses, on which Mr. Pence had staked his candidacy. But while Iowa is a more difficult early state in the Republican primary contests for Mr. Trump than some of the others, the former president remains dominant there. Mr. Pence is the highest-profile candidate to leave the race, and the first of those who had met the Republican National Committee’s criteria for the primary debates. Mr. Pence’s campaign recently reported more than $600,000 in debt. But Mr. Pence, a former governor of Indiana, struggled mightily to raise money, never gaining traction in the polls that his former running mate has dominated.

Persons: Pence, Trump, Mr, Pence’s, Ronald Reagan, mightily, Biden’s Organizations: Republican, Trump —, Republican National, Trump -, Republican Party, D.C Locations: Iowa, Miami, Indiana, Washington, Fulton County ,

More was riding on “Killers of the Flower Moon,” a historical crime drama about a string of murders against the Osage nation in the early 1920s. “Killer of the Flower Moon” also marks the best wide-release debut for a film from a streaming company. Gross, who runs the movie consulting firm Franchise Entertainment Research, said of the “Killers of the Flower Moon” launch. As dissimilar as “Taylor Swift: The Eras Tour” and “Killers of the Flower Moon” are, they’re alike in their extended run times. “Killers of the Flower Moon" also reeled in more young moviegoers than one might have expected.

Persons: Barbie ”, “ Oppenheimer, ” Martin Scorsese, Taylor Swift, “ Taylor Swift, ”, Swifties, David Grann’s, Scorsese, Leonardo DiCaprio, Lily Gladstone, Robert De Niro, mightily, Apple, Ridley Scott’s, Napoleon, Joaquin Phoenix, Matthew Vaughn’s “, ” David A, Gross, David Gordon Green, Tim Burton's, Comscore, “, “ Leo Organizations: Apple Studios, AMC Theaters, Paramount Pictures, Apple, Netflix, MGM, Sony, Universal, Paramount, Entertainment Research Locations: North America, Osage, Venice

Bezos founded Amazon but it is unconnected to the Post, which Bezos bought with his own funds and in Baron’s telling, seems to genuinely relish owning. Baron, executive editor of the Post from 2013-2021, clearly has researched extensively and thought deeply about how to cover the unprecedented presidency of Donald Trump. Baron writes that he “needed to get myself ready for his brand of presidency” and cites the books he read on authoritarianism and the manipulation of public opinion. To any who think the news media march to the same cadences, Baron writes “newsrooms often are a wellsprings of conflict, dissent and grievance.”Often, though, from spirited arguments, great journalism arises. Baron writes that the Committee to Protect Journalists, which typically monitors threats to press freedom in other countries, began to focus on Trump as a threat within U.S. borders.

Persons: Martin Baron's, Jeff Bezos, Donald Trump, Bezos, Trump, Baron, ”, ” Baron, “, Roy Moore, “ newsrooms, Michael Flynn, David Ignatius, Ignatius, CPJ Organizations: Trump, Washington, The Washington Post, Alabama Republican, Veritas, Post, Protect Journalists Locations: The, United States, U.S

FLORHAM PARK, N.J. (AP) — Zach Wilson was in the middle of the locker room Thursday talking about taking over for the injured Aaron Rodgers when a teammate shouted and made the New York Jets quarterback grin. Wilson struggled mightily during his first two NFL seasons and his confidence took a massive hit, and so did his popularity in the locker room. The way he’s carrying himself around the locker room, around the building is awesome.”Wilson feels it in himself, too. Many Jets fans remain skeptical Wilson has made significant enough progress to step in for a team that had Super Bowl hopes with Rodgers. The Jets want Wilson to play free, knowing the team is his — again — and he doesn't need to look over his shoulder.

Persons: — Zach Wilson, Aaron Rodgers, “ Zach, bro, Wilson, mightily, Rodgers, Zach, “, ” Wilson, —, ”, Nathaniel Hackett, Jeff Ulbrich, ” Ulbrich, they're, Connor McGovern, You’ve, he’s, they’ve, I’ve, Hackett, Robert Saleh, it’s, I've, ” Hackett, “ There’s, There’s, Saleh, Tim Boyle, you’re Organizations: New York Jets, NFL, Jets, New York, Buffalo, Rodgers, Bills, Cowboys Locations: FLORHAM, N.J, New, Zach, “, Dallas

☆ Bill Maher Says Show Will Return Despite Writers’ Strike
▼ + stars: | 2023-09-14 | by ( John Koblin | More About John Koblin | ) www.nytimes.com time to read: +1 min

“The writers have important issues that I sympathize with, and hope they are addressed to their satisfaction, but they are not the only people with issues, problems, and concerns,” he wrote. Tens of thousands of actors have been on strike for two months as well, the first time writers and actors have walked out at the same time since 1960. But over the past three weeks, bargaining has again stalled out, frustrating some big-name Hollywood showrunners in the process. More than 11,000 writers walked out in early May, arguing that their compensation levels and working conditions have deteriorated in the streaming era. The strike caused many talk shows to go dark, including “The Tonight Show,” “The Late Show With Stephen Colbert” and “Saturday Night Live.”

Persons: ”, “, Stephen Colbert ” Organizations: Labor, Hollywood, Writers Guild of America

☆ Opinion: Trump has dug himself into the deepest possible hole
▼ + stars: | 2023-08-02 | by ( Opinion Michael Gerhardt | ) edition.cnn.com time to read: +9 min

Trump has now been indicted on nearly 80 felony counts and has dug himself into the deepest possible hole. Michael Gerhardt Deborah R. GerhardtThe ramifications of these charges for Trump and the country are enormous. But the third indictment goes further — for the first time — by charging Trump with criminal attempts to undermine American democracy. Each set of indictments tests the country’s commitment to the rule of law, which is the foundation of our democracy. In contrast, as each set of indictments shows, there is an abundance of actual evidence of Trump’s misconduct.

Persons: Michael Gerhardt, Burton Craige, Donald Trump’s, Jack Smith’s, Michael Gerhardt Deborah R, Gerhardt, Trump, Bill Barr, Barr, Jason Miller, ”, Joe Biden, Hunter Biden, Biden, “ you’ll, Chris Christie, Asa Hutchinson, Will Hurd, Theodore Roosevelt, “, fuming Organizations: University of North Carolina School of Law, CNN, Capitol, Trump, Trump’s, Justice Department, Electoral, Republican Party, New, New Jersey Gov, Arkansas Gov, Republican, Twitter Locations: Manhattan, Trump, New Jersey, Arkansas, Texas, Georgia, Atlanta, Michigan, Arizona

☆ '4chan for economists' is melting down as racist, sexist anonymous posts are linked to Harvard, Yale, and other top institutions
▼ + stars: | 2023-07-21 | by ( Kate Taylor | ) www.businessinsider.com time to read: +12 min

A new study links anonymous posts on "4chan for economists" to IP addresses at Harvard, Yale, and other top schools. Other snippets of posts with IP addresses at Harvard, Stanford, Yale, University of Chicago, and the National Bureau of Economic Research headquarters include: "Rapefugees Welcome!!!!! Other snippets of posts with IP addresses at Harvard, Stanford, Yale, University of Chicago, and the National Bureau of Economic Research headquarters include: "Rapefugees Welcome!!!!! Notre Dame IP addresses made up 3.4% of posts from a research-institution IP address. According to Ederer, it took just 15 minutes to figure out how to connect usernames with IP addresses.

Persons: Anya Samek, Samek, EJMR, Boston University's Florian Ederer, Yale's Paul Goldsmith, Pinkham, Kyle Jensen, Ederer, Christina Romer, Scott Cunningham, Rob Seamans, Merkel, bubba, Trevon Logan, that's, She's Organizations: Harvard, Yale, North American Economic Science Association Conference, University of Chicago, undergrad, National Bureau of Economic Research, American Economics Association, Baylor, Marvel, Stanford, University of Notre Dame, Columbia, Notre Dame, Ohio State University, UMass Amherst, University of California Locations: Tucson , Arizona, Cambridge , Massachusetts, Ederer, Erdogan's Turkey, troon, Samek, San Diego

☆ 'Big Short' investor Michael Burry predicted inflation would plunge - but his calls of a stock-market crash and recession are yet to come true
▼ + stars: | 2023-07-06 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

When inflation was at its peak last summer, Michael Burry predicted it would fall within months. The "Big Short" investor was right, as price growth has slowed from 9.1% last June to 4% in May. In contrast, Burry's warnings of a historic stock-market crash and a recession are yet to pan out. The bold call from the investor of "The Big Short" fame is looking mightily prescient, but a few of his other forecasts are yet to come true. The investor highlighted some of his greatest hits in a now-deleted tweet last summer:"Just getting one thing right is hard.

Persons: Michael Burry, —, Burry, disinflation, He's, of Labor Statistics Burry Organizations: Service, Index, Twitter, of Labor Statistics, Scion

☆ Oscars’ Best Picture Hopefuls Must Spend More Time in Theaters
▼ + stars: | 2023-06-21 | by ( Nicole Sperling | ) www.nytimes.com time to read: +1 min

In a move designed to signal Hollywood’s commitment to the moviegoing experience, the Academy of Motion Picture Arts and Sciences said on Wednesday that it would require an expanded theatrical release for films seeking to be eligible for a best picture nomination. The new eligibility rule is sure to affect how Netflix and other streaming services release films they consider to be Oscar worthy. And it could be an impediment to smaller distributors that lack the means to release films in cities across the United States. In 2022, “CODA” from Apple TV+ was the first film from a streaming service to win the best picture Oscar. Two of the 10 markets in the expanded release can be outside the United States if they are among the top 15 international theatrical markets.

Organizations: Academy of Motion Picture Arts, Sciences, Netflix, Apple Locations: United States, U.S, New York, Los Angeles, Chicago, Atlanta, San Francisco, Miami

☆ McCarthy Emerges From the Debt Limit Fight With Victories, and Some Wounds
▼ + stars: | 2023-05-31 | by ( Carl Hulse | ) www.nytimes.com time to read: +1 min

When the debt limit fight began, it was widely assumed that Speaker Kevin McCarthy, untested and inexperienced in high-stakes negotiations, would either preside over an economically and politically calamitous government default or lose his hard-won post in a right-wing mutiny after caving to Democrats. So far, he has managed to avoid both outcomes while claiming some fiscal and policy wins. With House approval on Wednesday night of the debt limit package he personally negotiated with President Biden, Mr. McCarthy defied expectations and even earned grudging respect from White House officials while defusing the debt limit time bomb he himself planted by insisting on concessions in return for raising the nation’s borrowing limit. The bar was set low for Mr. McCarthy, known more for politicking and fund-raising than for policymaking, after he struggled mightily to win his post in the first place as House Republicans took control in January. But in the end, he delivered an agreement that met his goal of cutting spending from current levels.

Persons: Kevin McCarthy, Biden, McCarthy, mightily, — Organizations: White House, Mr, Republicans

☆ Cathay Pacific Fights to Emerge From the Long Shadow of Covid
▼ + stars: | 2023-05-29 | by ( Tiffany May | ) www.nytimes.com time to read: +1 min

In 2019, when Hong Kong was convulsed by pro-democracy protests, Cathay Pacific was caught in the crossfire with Beijing. Flights were canceled or delayed by airport sit-ins involving thousands of demonstrators, among them employees of the airline, Cathay Pacific. Turmoil grew inside Cathay Pacific. In 2020, as the pandemic grounded its business, Cathay shuttered its regional division, Cathay Dragon. It parked 70 unused planes in the desert in Alice Springs, Australia, and fired 5,300 employees based in Hong Kong.

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