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The settlement is likely to benefit as many as 500,000 residents whether they have insurance or not, and it covers all Lilly brand-name insulin products, Ellison said at a news conference. Litigation remains pending against two other manufacturers named in the 2018 lawsuit, Sanofi-Aventis and Novo Nordisk. The American Diabetes Association says more than 8 million Americans use insulin, which the body needs to convert food into energy. President Joe Biden's 2022 Inflation Reduction Act capped out-of-pocket costs of insulin to people on Medicare to $35 a month, but only for seniors. Novo Nordisk last year also announced plans for insulin price cuts starting this year.

Persons: Eli Lilly, Lilly, Keith Ellison, Ellison, ” Ellison, Joe Biden's, Alec Smith, Nicole Smith, Holt, ” Organizations: PAUL, —, Sanofi, Aventis, Novo Nordisk, American Diabetes Association, York, Medicare Locations: — Minnesota, Minnesota, California , Illinois, Arizona, Utah

BOSTON (AP) — At a moment of record visibility and influence for Black attorneys in the United States, debates over race, criminal justice and democracy are increasingly at the center of the public conversation. In wide-ranging interviews with The Associated Press, six sitting Black attorneys general discussed the challenges and opportunities of serving as the top law enforcement officer in their respective states. Here are some of the biggest takeaways from the conversations:Black attorneys general are at the forefront of criminal justice reform effortsBlack attorneys general have emerged as some of the most prominent advocates of reform to the criminal justice system. Trump has lashed out at James, Bragg and Willis with language often evoking racist and stereotypical tropes, such as using terms like “animal” and “rabid.”Black Democratic attorneys general learn from and collaborate with one anotherThe interviewed attorneys general confirmed that they frequently call, text and communicate with one another. They also borrow tactics and policies from each other, several of the attorneys general said.

Persons: litigators, Black, Andrea Campbell, Campbell, Keith Ellison, Derek Chauvin, George Floyd, Ellison, ’ ” Ellison, we’ve, Donald Trump, Aaron Ford, ” Trump, Letitia James, James, Trump, ’, Fani Willis, Attorney Alvin Bragg, Bragg, Willis, ”, “, ” Ellison, General Anthony Brown, Brown, Anthony Brown’s, Kwame Raoul, ” Ford, ____ Matt Brown, Jonathan Logan Organizations: BOSTON, White, Associated Press, Black, New York, The Trump Organization, Manhattan, Attorney, Trump, Democratic, Jonathan Logan Family Foundation, AP Locations: United States, Minneapolis, Nevada, Fulton County, Georgia, New York, James, Maryland, Illinois

CNN —Derek Chauvin, the former Minneapolis police officer who was convicted in the 2020 murder of George Floyd, was stabbed Friday in a federal prison in Arizona, The Associated Press and The New York Times reported. A person familiar with the matter told CNN Chauvin was assaulted Friday at the Federal Correctional Institution in Tucson and was in stable condition. Minnesota Attorney General Keith Ellison, whose office prosecuted Chauvin in the George Floyd case, was notified that Chauvin was stabbed and is in stable condition, his office told CNN early Saturday. In April 2021, Chauvin was convicted on state charges of second-degree unintentional murder, third-degree murder and second-degree manslaughter. Clarification: This story was updated to clarify that The Associated Press and The New York Times reported Derek Chauvin was stabbed.

Persons: Derek Chauvin, George Floyd, CNN Chauvin, “, ”, Keith Ellison, Chauvin, ” Ellison, ” Chauvin, Floyd, White, couldn’t, CNN’s Taylor Romine, Aya Elamroussi, Josh Campbell Organizations: CNN, The Associated Press, The New York Times, Federal Correctional Institution, of Prisons, Minnesota Department of Human Rights, Associated Press Locations: Minneapolis, Arizona, Tucson, Minnesota

NEW YORK (AP) — Sam Bankman-Fried ’s former top executive blamed the FTX founder on Wednesday of corrupting her values so she could lie and steal and create false balance sheets, things she told jurors at his New York City trial that she never imagined doing before joining his cryptocurrency empire. “I think it made me more willing to do things like lie and steal over time,” she said. She said she once created seven different balance sheets after Bankman-Fried directed her to find ways to conceal things that might look bad to Alameda's lenders. “I didn’t really want to be dishonest, but I also didn’t want them to know the truth,” Ellison said. ___For more AP coverage of Sam Bankman-Fried and FTX: https://apnews.com/hub/sam-bankman-fried

Persons: Sam Bankman, Caroline Ellison, Fried, Danielle Sassoon, Ellison, “, ”, ” Ellison, couldn't, FTX, Palo, Judge Lewis A, Kaplan, ___ Organizations: New, New York City, Bankman, Alameda Research, U.S, Alameda, “ Locations: New York, Manhattan, FTX, Alameda, United States, Bahamas, Palo Alto , California

☆ Sam Bankman-Fried’s former girlfriend set to testify for second day in fraud trial
▼ + stars: | 2023-10-11 | by ( Allison Morrow | ) edition.cnn.com time to read: +2 min

On her first day of testimony, Ellison said Tuesday that she and Bankman-Fried, along with other associates, committed fraud and money laundering, and that he “set up the systems that allowed Alameda” to siphon money from FTX customer accounts. Prosecutors accuse Bankman-Fried, 31, of orchestrating a scheme to steal billions of dollars from customer accounts in FTX, his now-bankrupt crypto trading platform. If she were given a maximum sentence on the seven counts, she could face more than 100 years in prison. Her testimony is considered crucial to prosecutors’ case that SBF used both FTX and Alameda as his own personal piggy bank. If found guilty of all seven criminal counts and given the maximum sentence, Bankman-Fried faces the prospect of 110 years in prison.

Persons: Sam Bankman, Fried, Caroline Ellison, Ellison, Bankman, ” Ellison, “ Organizations: New, New York CNN, Alameda Research, Stanford Locations: New York, Alameda, FTX

☆ Sam Bankman-Fried trial: Caroline Ellison is getting ready to testify against FTX founder
▼ + stars: | 2023-10-10 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

Her testimony is crucial to prosecutors’ case against Sam Bankman-Fried, whom they accuse of orchestrating a scheme to steal billions of dollars from customer accounts in FTX, his now-bankrupt crypto trading platform. Caroline Ellison, former CEO of Alameda Research. carolinecapital/XProsecutors’ case hinges on evidence that FTX and Alameda were deeply financially intertwined, despite repeated assurances from Bankman-Fried that they were separate companies, operating independently from one another. As Alameda was spiraling last fall, Ellison told her employees that the fund had borrowed money from FTX customer accounts to pay back lenders. Already, prosecutors have presented evidence that looks bad for Bankman-Fried, though the defense has yet to present its case.

Persons: CNN Business ’, Caroline Ellison, Sam Bankman, Ellison, FTX’s, ‘, — Ellison, SBF, ” Ellison, “, Fried, Sam Organizations: CNN Business, New York CNN, Alameda Research, Stanford, New York Times Locations: New York, FTX, Bankman, Alameda, Manhattan

Political Cartoons View All 1206 ImagesHe even thought there was a 5% chance he'd become president someday, Ellison said. Assistant U.S. Attorney Danielle Sassoon asked her what he thought he'd be president of. Shortly after Ellison’s highly anticipated turn on the witness stand began, she was asked to identify Bankman-Fried in the courtroom. Ellison testified under a cooperation deal that could win her leniency when she is sentenced. As Ellison testified, several of her friends or online fans were in attendance at the courthouse.

Persons: Sam Bankman, Fried, Caroline Ellison, Ellison, ”, he'd, Danielle Sassoon, ” Ellison, Ellison’s, FTX, Judge Lewis A, Kaplan, Palo, Sassoon, Jane, Bankman, “, Joe Biden, Gary Wang Organizations: Stanford, U.S, Alameda Research, Alameda, Republican Locations: Manhattan, Bankman, United States, Bahamas, Washington, Palo Alto , California, Alameda

While Woody Allen's film may be a reference point to “American Fiction,” direct comparisons are harder to come by for such a breezy but biting commentary. Directing a film, Jefferson says, wasn't necessarily a lifelong ambition. That “American Fiction” is hard to categorize, he says, might mean he's on the right track. “This being my first movie, I’m eager to find what my voice is,” Jefferson says. ___Follow AP Film Writer Jake Coyle on Twitter at: http://twitter.com/jakecoyleAP

Persons: Percival Everett's, Cord Jefferson, Jeffrey Wright, “ Monk ” Ellison, Cord Jefferson —, ”, ” —, Jefferson, Monk, Wright, John Ortiz, Aeschylus ’ “, —, ” Monk, Stagg R, Leigh, ” Jefferson, Black, Jack City, Annie Hall, Woody, Tracee Ellis Ross, Sterling K, Brown, Erika Alexander, Issa Rae, “ There’s, Larry Wilmore ”, Damon Lindelof, hadn't, “, Jake Coyle Organizations: TORONTO, Toronto, Gawker, MGM, Twitter Locations: Jack, ”, Tucson , Arizona, Tulsa

☆ Oracle extends its flagship database to Ampere's computing chips
▼ + stars: | 2023-06-28 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

REUTERS/Brian Snyder/File PhotoMENLO PARK, California (Reuters) - Oracle on Wednesday said that it has modified its flagship database software to work on a new category of computing chip, starting with chips from Ampere Computing, a startup founded by former Intel executives. Oracle’s database software is used by major banks and corporations to track transactions. On Wednesday, Oracle said that the database will now also run on chips made based on a technological architecture from Arm Ltd, the same underlying technology that is in mobile phones. Ellison said Ampere’s chips are much more power efficient than offerings from its other two major chip suppliers, Advanced Micro Devices and Nvidia. By upgrading to Ampere, we’re able to take that room, double the compute and stay within the same power envelope,” Ellison said.

Persons: Brian Snyder, Ampere, Intel’s, “, We’ve, we’ve, Larry Ellison, Ellison, we’re, ” Ellison Organizations: REUTERS, MENLO, Oracle, Ampere Computing, Intel, Arm Ltd, Ampere, Amazon Web Services, Devices, Nvidia Locations: Burlington , Massachusetts, U.S, , California, Ampere

☆ Curiosity rover captures colorful postcard of Mars
▼ + stars: | 2023-06-14 | by ( Ashley Strickland | ) edition.cnn.com time to read: +2 min

CNN —The Curiosity rover has captured a stunning new mosaic that reveals the dramatic, colorful hues of morning and afternoon light on the surface of Mars. One panorama was taken at 9:20 a.m., while the other was taken at 3:40 p.m., both local Mars time. The image is similar to another postcard taken by Curiosity in November 2021. Curiosity has been exploring the foothills of the 3-mile-tall (5-kilometer) Mount Sharp at the center of Gale Crater since it landed in 2012. “Mars’ shadows get sharper and deeper when there’s low dust and softer when there’s lots of dust,” Ellison said.

Persons: who’s, ”, Doug Ellison, ” Ellison, Sharp, Gale Organizations: CNN, NASA, Jet Propulsion Laboratory, Sun Locations: Pasadena , California, Gale

☆ Business partners turn on Sam Bankman-Fried
▼ + stars: | 2022-12-26 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

Last week, as FTX founder Sam Bankman-Fried was being extradited to the United States from the Bahamas, two of his former business partners pleaded guilty to multiple charges of fraud and conspiracy. “I am truly sorry for what I did,” Ellison told the court. She and Bankman-Fried were close business associates who briefly dated. Bankman-Fried, 30, appeared Thursday in a US courtroom in New York, where a federal judge released him on a $250 million bond. Following his court appearance, Bankman-Fried was spotted in a business class lounge at New York’s John F. Kennedy International Airport.

☆ Sam Bankman-Fried and FTX execs received billions in hidden loans, ex-Alameda CEO says
▼ + stars: | 2022-12-23 | by ( ) www.nbcnews.com time to read: +3 min

Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul’s Alameda Research, the hedge fund’s former chief told a judge when she pleaded guilty to her role in the exchange’s collapse. Ellison and FTX co-founder Gary Wang both pleaded guilty and are cooperating with prosecutors as part of their plea agreements. Bankman-Fried has acknowledged risk-management failures at FTX but said he does not believe he has criminal liability. A flurry of customer withdrawals in early November amid concerns about commingling of FTX funds with Alameda prompted FTX to declare bankruptcy on Nov. 11. Bankman-Fried was arrested in capital Nassau on Dec. 12 and arrived in the United States on Wednesday after consenting to extradition.

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