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Those are some of the most fascinating items found in lost luggage in 2023, according to a new report by Unclaimed Baggage, a store that buys lost items from airlines, sight unseen. The company has long-term contracts to buy unclaimed items from airlines, as well as hotels, trains and rental car companies. Unclaimed Baggage opened a "Found Treasures" museum in Scottsboro, Alabama, in 2023 to showcase the oddest items acquired through the years. Then he found them at Unclaimed Baggage and brought them back to her." Source: Unclaimed Baggage

Persons: Richard Nixon, Louis, Bryan Owens, Cartier, Owens, Owen's, Doyle Owens, Doyle, There's, … we're, Owen, Louis Vuitton, —, …, Jimmy Choo, Yves Saint Laurent —, it's, they've, David Bowie Organizations: Louis Vuitton Nike Air Force, CNBC Travel, Rolex Locations: Scottsboro , Alabama, Scottsboro, America, West Coast, Atlanta

☆ Details about Jane Street's top secret, $1 billion trade revealed in court
▼ + stars: | 2024-04-19 | by ( Alex Morrell | ) www.businessinsider.com time to read: +9 min

Lawyers also revealed that the trade earned Jane Street $1 billion last year and was on pace to earn even more for the firm this year. Jane Street worried about extinguishing the trade's viability, Brown said, intentionally leaving short-term profits on the table to maintain its long-term viability. But the company's profits from the strategy plummeted in the month after the traders joined Millennium, Jane Street says, falling 50% in March. Engelmayer denied the temporary restraining order, saying Jane Street did not establish irreparable harm. Jane Street may believe irreversible harm has already taken place, given its desire to keep details of the trade secret, including the country it operates in.

Persons: —, Jane Street, Paul Engelmayer, pilfered, Doug Schadewald, Daniel Spottiswood, Jane, Deborah Brown, Quinn Emanuel, Engelmayer, Brown, Spottiswood, Andrew Levander, Levander, Jane Street's, Rollo Baker, Elsberg Baker, Maruri, Judge Engelmayer, Baker Organizations: Service, Management, Business, Millennium, Jane Street, Bloomberg Locations: Manhattan, India, Schadewald

WASHINGTON (AP) — A prominent defense attorney whose star clients have included Snoop Dogg pleaded guilty Friday to leaking grand jury information to reporters about a political conspiracy case against a rapper from the Fugees. Michel's trial included testimony from such figures as actor Leonardo DiCaprio and former U.S. Attorney General Jeff Sessions. Kenner’s attorney said in court documents that the reporters originally agreed to sign a protective order, but later changed their minds. L. Barrett Boss, one of the defense attorneys, said Kenner was planning to retire after Michel’s trial. But Boss said Kenner is “very strained financially” because he spent $1.4 million “out of pocket” on Michel’s defense.

Persons: Snoop Dogg, David Kenner, Suge Knight, Tory Lanez, Kenner, ” Michel, Leonardo DiCaprio, Jeff Sessions, ” Kenner, Michel, Peter Zeidenberg, Kenner misattributing, Diddy, Judge Amit Mehta, Mehta, Barrett Boss, Boss, Pras Michel, Erica Dumas, Barack Obama’s, Trump, DiCaprio, Jho, _____ Whitehurst Organizations: WASHINGTON, Bloomberg News, U.S, Bloomberg, Kenner, Justice Department, Hollywood Locations: California, Washington, U.S, Malaysian, China, Philadelphia

Deadly Fire in Africa’s Richest City Exposed a Secret in Plain SightOfficials blame immigrants and liberal housing laws, but a Times investigation found the entrenched problems that turned downtown Johannesburg into a blighted tinderbox. Nov. 10, 2023Days after the fire, officials in Johannesburg reached for a well-worn script. So instead, they turned their attention to another government-owned property, Vannin Court. It’s an eight-story building where hundreds of people live without running water or power. “When people die in these buildings, it is the city of Johannesburg that gets blamed,” Kenny Kunene, a city official, told TV cameras minutes before the raid began.

Persons: It’s, ” Kenny Kunene, ” Organizations: Africa’s, Albert Locations: Johannesburg

☆ COVID-19 fraudsters bought fancy cars, a Pokemon card - even a private island
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: +9 min

Patrick Parker Walsh is serving five and half years in federal prison for stealing nearly $8 million in federal COVID-19 relief funds that he used, in part, to buy the island. Instead, he's serving five and half years in federal prison for stealing nearly $8 million in federal COVID-19 relief funds that he used, in part, to buy Sweetheart Island. They potentially plundered more than $280 billion in federal COVID-19 aid; another $123 billion was wasted or misspent. They've created special "strike forces " to hunt down COVID-19 aid thieves and vowed not to give up the chase. A few weeks after Oudomsine applied for the pandemic aid, the government rushed him $85,000 to keep his non-existent business afloat.

Persons: Richard Lardner, Patrick Parker Walsh, Julio Aguilar, he's, fraudsters, Donald Trump, Ivanka Trump, James Brady, Trump, Alex Wong, Bob Westbrooks, Westbrooks, They've, Lisa Monaco, General Merrick Garland, Garland, David Weiss, Hunter Biden, Joe Biden, Drew Angerer, Konstantinos Zarkadas, Cartier, Zarkadas, Lee E, Price III, Price, Vinath Oudomsine, Oudomsine, Mickey Mantle, Dudley H, Bowen, Patrick Walsh's, Walsh, Jamie Lovemark, Kevin Lamarque Organizations: Press, AP YANKEETOWN, Associated Press ., James, Getty, YouTube, U.S . Justice, Top Justice Department, U.S, U.S . Department of Justice, Rolex, Houston, Associated Press, National Transportation Safety Board, Bethany Locations: Yankeetown, Fla, Sweetheart, Coast, Florida's, Florida, Associated Press . WASHINGTON, DC, U.S, Washington ,, Las Vegas, Tennessee, Vermont, COVID, Washington , DC, New York, Houston, Georgia, America, Bethany Beach , Delaware

☆ The Father-Son Struggle That Helped Ensure IBM’s Success
▼ + stars: | 2023-10-25 | by ( Tim Wu | ) www.nytimes.com time to read: +2 min

His father, Watson Sr., the head of IBM, was a domineering man who subjected his son to a classic combination of emotional distance and cruelty. Watson Jr. responded by becoming a rebel and wastrel. Watson Sr., “the old man,” was a type familiar to our times: the tech titan who runs a large company as an extension of himself. The company “was run entirely out of one man’s breast pocket,” McElvenny and Wortman write. Watson Sr. “made all strategic decisions and most minor ones” and “delegated almost no authority.”

Persons: Tom Watson Jr, Ralph Watson McElvenny, Marc Wortman Thomas J, Watson Jr, Tommy, ”, Watson Sr, “, ” Ralph Watson McElvenny, Marc Wortman, Dick Watson, Watson, Junior, McElvenny, ’, Ken Jennings Organizations: WHO, IBM, Wortman Locations: ’, France

CNN —Gaza militants who attacked an all-night music festival in southern Israel shot and killed revelers at point-blank range, then looted their belongings, new car dashcam video verified by CNN reveals. Dashcam video reveals militants attacking a music festival in rural southern Israel. It’s unclear if the gunman is firing a warning shot, or if he’s just shot and injured the civilian, who is then seen being led away. A second individual is seen in the video lying on the ground at the back of another car. Another video from the dashcam, timestamped at 12:09 p.m., shows two militants approach the body of the second individual.

Persons: revelers, –, Ricarda Louk, Shani, Shani Louk, she’d, ” Ricarda, Allahu Akbar, ”, Ricarda, she’s, Noa Argamani, Louk, Yakov Argamani, ” Yakov, Shlomit Marciano, Leora Argamani, Noa Agramani, CNN Noa, Avinatan, Marciano, ” Marciano, Yakov, “ Organizations: CNN, Gaza Locations: Israel, Re’im, Gaza, timestamped

☆ Craft beer, marriages and air travel: The collateral damage of a government shutdown
▼ + stars: | 2023-09-29 | by ( Alex Seitz-Wald | ) www.cnbc.com time to read: +14 min

Staff, meanwhile, have been forced to put their real jobs on hold to prepare for the looming shutdown. National parksThe National Park Service plans to close its parks and furlough park rangers if the government shuts down on Sunday. During the 2018-2019 shutdown, the parks themselves remained accessible, but without most services. Some presidential libraries would remain open as long as they have sufficient funds, but others would close and research services would be reduced. A shutdown would result in a "data blackout" of critical economic statistics that influence markets and businesses around the globe.

Persons: Donald Trump, that's, Biden, Joshua, Armando L, Sanchez, Pete Buttigieg, they're, White, Treasury Department furloughed, shutdowns Organizations: Yosemite, Fresno Bee, Tribune, Service, Getty, White House Council, Economic Advisers, Management, Staff, National Park Service, Park Service, Department of Interior, NBC, Congressional Research Service, National Zoo, U.S . Holocaust, Museum, National, Science, National Science Foundation, National Institutes of Health, Centers for Disease Control, Prevention, FBI Agents Association, FBI, Air, Transportation Security, LaGuardia, TSA, O'Hare International, State Department, Consular, Education Department, AmeriCorps, Agriculture Department, Assistance, Women, Small Business Administration, Federal Housing Administration, Social, Consumer, Food and Drug Administration, Consumer Product Safety, Environmental Protection Agency, Occupational Safety, Health Administration, Labor, —, Social Security, Medicare, Treasury Department, Foreign Assets Control, Russia Locations: El Capitan, Yosemite Valley, Washington, Civil, U.S, Europe, Southeast Asia, New Mexico, shutdowns, New York, Chicago, Russia, Iran, Ukraine

☆ A class-action lawsuit aims to force United Airlines to reimburse the baggage fees for the luggage they lose
▼ + stars: | 2023-09-23 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

A man filed a class-action lawsuit against United Airlines after the company lost his luggage. Jack Lipeles alleged in the suit that United falsely told him his luggage was stolen. When Lipeles arrived in Los Angeles, "he went to pick up his luggage, but was unable to find his bag. United informed Plaintiff that his luggage was stolen and that he should speak to the police to report the stolen luggage," the federal lawsuit, filed in California in late August, said. Reached for comment, a spokesperson for United declined to comment on the suit, calling it an "ongoing legal matter."

Persons: Jack Lipeles, Lipeles, Plaintiff Organizations: United Airlines, Service, United, Department of Transportation, Airlines Locations: Wall, Silicon, Las Vegas , Nevada, Los Angeles , California, Los Angeles, California

☆ FTX lawyers accuse Sam Bankman-Fried of financing his criminal defense with $10 million in misappropriated funds
▼ + stars: | 2023-07-20 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Sam Bankman-Fried, co-founder of failed crypto exchange FTX, was sued in Delaware bankruptcy court on Thursday by his ex-company's lawyers, who accuse him and members of his leadership team of stealing hundreds of millions of dollars. The lawyers are seeking to recover funds from Bankman-Fried and former executives of FTX and sister hedge fund Alameda Research. One way the attorneys for the bankrupt exchange say Bankman-Fried pilfered money was through a $10 million gift to his father, distinguished legal scholar Joe Bankman. Much of that $10 million gift from was routed from FTX to Bankman-Fried's Morgan Stanley and TD Ameritrade accounts around January 2022, the lawsuit alleges. WATCH: Taylor Swift agreed to FTX partnership, but the crypto exchange bailed

Persons: Sam Bankman, Fried, Joe Bankman, Fried's Morgan Stanley, FTX, Caroline Ellison, Gary Wang, Nishad Singh, Taylor Swift Organizations: Alameda Research, Bankman, FTX, Alameda Locations: Delaware, Bankman, Alameda, FTX

But even though the scam targeted Morgan Stanley clients and the advisor admitted using a Morgan Stanley product to carry it out, the firm has fought efforts to hold it responsible. "So, effectively, Morgan Stanley is lending money to the victims of this scheme and that money then gets diverted into Shawn Good's pocket," Easley said. Morgan Stanley, which topped earnings expectations Tuesday thanks in large part to its wealth management business, declined an interview request. But more important than all of that, she said, was that he worked for Morgan Stanley. Morgan Stanley was among 16 firms charged, all admitting they violated federal securities laws.

Persons: Morgan Stanley, Caitlin Andrews, It's, Shawn Edward Good, Good, Shawn Good, Michael F, Easley Jr, Shawn Good's, Easley, pilfered, Marc Fitapelli, Andrews, Fitapelli, Charles Hayward of, whatever's, Hayward, CNBC Andrews, I've, Caitlin, Louis Straney, Romeo Stelvio, Straney, Morgan Stanley's Organizations: Prosecutors, CNBC, Destiny, Easley, Eastern, Raleigh, Financial Industry Regulatory Authority, IRS, North Carolina State Bureau of Investigators, Lexus, Porsche, Tesla, Securities and Exchange, SEC Locations: Carolina Beach , North Carolina, Morgan Stanley's Wilmington, North Carolina, of North Carolina, New York, Charles Hayward of Wilmington, Santa Fe , New Mexico, France, Italy, Spain, Netherlands, Wilmington, N.C

☆ 2 authors say OpenAI 'ingested' their books to train ChatGPT. Now they're suing, and a 'wave' of similar court cases may follow.
▼ + stars: | 2023-07-09 | by ( Gabriel Rivera | ) www.businessinsider.com time to read: +4 min

Two writers are suing OpenAI, accusing the company of ingesting their books to train ChatGPT. A law professor anticipates more lawsuits involving copyright law and generative AI in the future. Two award-winning authors recently sued OpenAI, accusing the generative-AI bastion of violating copyright law by using their published books to train ChatGPT without their consent. The suit is the latest example of tension between creatives and generative AI tools capable of producing text and images in seconds. Daniel Gervais, a law professor at Vanderbilt University, told Insider that the writers' lawsuit is one of a handful of copyright cases against generative AI tools nationwide.

Persons: OpenAI, Mona Awad, Paul Tremblay, Daniel Gervais, Gervais, Awad, Andres Guadamuz, Guadamuz, Tremblay Organizations: Morning, Vanderbilt University, University of Sussex, Guardian, Big Tech Locations: US, Northern California

☆ Compliance Chief Charged With Insider Trading on Information Pilfered From Girlfriend
▼ + stars: | 2023-06-30 | by ( Richard Vanderford | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/compliance-chief-charged-with-insider-trading-on-information-pilfered-from-girlfriend-2ebd9b03

Persons: Dow Jones, 2ebd9b03

☆ Our Jack Teixeira Problem
▼ + stars: | 2023-04-20 | by ( Daniel Henninger | ) www.wsj.com time to read: 1 min

Wonder Land: When we began to devalue conscience, blurring a pragmatic understanding of right from wrong, we unleashed the whirlwind that engulfs us now. Images: Margaret Small/Reuter/Zuma Press Composite: Mark KellyThe revelation that for months the videogamer community was able to see highly classified intelligence documents allegedly pilfered from the U.S. government by a 20-something Air National Guardsman has repeatedly raised the question: How could this happen? Maybe the better question for our times is: How could it not happen?

☆ Dow said it was recycling our shoes. We found them in Indonesia
▼ + stars: | 2023-02-25 | by ( ) www.reuters.com time to read: +19 min

While the sample was small, the fact that none of these shoes made it to a Singapore recycling facility underscores weaknesses in the system. Dow said these builds will use the 10,000 kilograms (22,000 pounds) of recycled shoe material that have been produced through the Singapore recycling project so far. Reuters had dropped those shoes into a Dow recycling bin at a Singapore community center in September, three months earlier. Recycling flopsThis is not the first novel recycling scheme launched by Dow that hasn’t lived up to its billing. In its Jan. 18 statement, Dow said the shoe recycling partners are “energized by the common vision of sport championing a greener and more sustainable Singapore.” Dow did not comment on the Journal of Consumer Psychology study.

☆ Ether falls as the FTX hacker dumps $74 million worth of the token and swaps it for bitcoin
▼ + stars: | 2022-11-21 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

Ether fell as much as 7% Monday as the hacker who looted FTX began dumping tokens. Over the last week, the hacker gradually converted the stolen FTX funds to ether, CoinDesk reported. About $74 million of ether has been laundered into bitcoin using RenBridge, CNBC reports. Elliptic's cofounder, Tom Robinson, told CNBC Monday that hackers were converting the ether into bitcoin using a blockchain bridge product called RenBTC. Per the report, roughly $74 million has been moved to bitcoin from RenBTC so far.

☆ JPMorgan expects a mild recession for 2023. That means higher unemployment and a rough holiday shopping season for Americans.
▼ + stars: | 2022-11-17 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

The FOMC still has 100 basis points more of rate hikes to go, in the bank's view. To cool down the economy, then, the Fed will likely look to tame hourly wage growth and push the unemployment rate higher, JPMorgan said. "By most measures hourly wage growth is currently running around 5%," the analysts wrote. And that sort of wage growth deceleration will likely require an unemployment rate between 4% and 5%, depending on how entrenched wage growth expectations have become." The Fed's tightening efforts, ultimately, will tip the economy into a recession, JPMorgan analysts said.

☆ Putin grants Russian citizenship to U.S. whistleblower Edward Snowden
▼ + stars: | 2022-09-26 | by ( The Associated Press | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Brinley-Bruton-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +5 min

Whistleblower Edward Snowden has a new title: Russian citizen. U.S. authorities have for years wanted Snowden returned to the United States to face a criminal trial on espionage charges. Snowden said in 2019 that he was willing to return to the U.S. if he’s guaranteed a fair trial. In fact, in 2016, The Washington Post’s own editorial board opposed granting the whistleblower a pardon. He is one of 75 foreign nationals listed by the decree as being granted Russian citizenship.

☆ Fear and loathing on Wall Street: Inside the paranoid, hyper-competitive onslaught to prevent quant traders from defecting to rivals
▼ + stars: | 2022-07-31 | by ( Alex Morrell | ) www.businessinsider.com time to read: +23 min

Current and former employees at prominent quant trading operations spoke to Insider anonymously for this story, citing fear of legal reprisals. "At the NSA, the penalty for leaking is twenty-five years in prison," Simons liked to tell employees, according to Gregory Zuckerman's book "The Man Who Solved the Market." In the early 2000s, quant noncompetes were narrower and shorter — six to nine months was industry standard, quant recruiters who had to navigate these obstacles told Insider. But it has aggressively pursued employees it believes have crossed the firm, according to court filings and media reports. Absent such changes, quant noncompetes will likely continue to proliferate with little resistance from employees.

Persons: Ken Griffin, they'd, It's, Matt Moye, they've, David Marshall, Jim Simons, George Soros, John Paulson, Philip Falcone, Jonathan Ernst, RenTech, Simons, Gregory Zuckerman's, Moye, quant, Pavel Volfbeyn, Alexander Belopolsky, spooked, Eric Wepsic, Shaw, —, Izzy Englander, Rick Wastrom, Smith Hanley, Jane Street burgeoned, Peter Friedman, Brennan Hughes, Griffin —, They've, Friedman, Chase Lochmiller, Ray Dalio, Jane Street, Hughes, Samuel Estreicher, Estreicher, I'm, David, Wastrom, Marshall, noncompetes Organizations: Citadel Securities, Renaissance Technologies, Citadel, St John's Law School, Center for Labor, Employment, REUTERS, NSA, Fund, RenTech, Millennium Management, Millennium, D.E, Trading, Integra Advisors, Wall, Google, Sigma, Polychain, Getty, Bridgewater Associates, National Labor Relations Board, Schonfeld Strategic Advisors, Group, New York University, school's Center for Labor, John's Law, —, New Locations: America, Bridgewater, New York, Hudson, Riker's Island, Houston, Chicago, Connecticut, — California, St, New York , Illinois

In that environment, crooks were easily able to impersonate jobless Americans using stolen identity information for sale in bulk in the dark corners of the internet. When Yvonne Matlock lost her job last year and applied for unemployment benefits online, she was told she was already getting relief money. Through a public records request, NBC News obtained data from the Labor Department, which funds Covid relief unemployment benefits programs, that are riddled with blank values and underestimates. ID.meMore than two-thirds of states, 34, reported no cases of identity theft overpayments in the most vulnerable unemployment benefits program. Cash App, which describes itself as "the easiest way to send money, spend money, save money, and buy cryptocurrency," has been frequently used by fraudsters to move money, law enforcement officials and private consultants said.

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