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☆ SEC is unhappy that Elon Musk did not give testimony to the financial regulator to attend a SpaceX launch
▼ + stars: | 2024-09-21 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

US Magistrate Judge Laurel Beeler said in February that Musk viewed the SEC's investigation as "baseless and harassing." In the regulator's view, Musk should have known about the launch and made proper arrangements beforehand. Spiro also argued that Musk's attendance at the SpaceX launch was exactly the type of emergency that the court order agreed could lead to rescheduling. Related stories"The last time the SEC went hysterically running into court, they were told to 'put their big boy pants on,'" Spiro wrote in an email to BI. "Just want to that the Shortseller Enrichment Commission is doing incredible work," Musk wrote on Twitter.

Persons: —, Elon, Robin Andrews, Musk, Laurel Beeler, Andrews, Alex Spiro, Spiro, Tesla Organizations: Service, US Securities and Exchange Commission, Twitter, SEC, Business, Polaris, SpaceX Locations: California, Florida, Los Angeles

☆ SEC says Elon Musk should be sanctioned if he keeps dodging Twitter depositions
▼ + stars: | 2024-09-20 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

In May, the court ordered Musk to appear for a deposition by the financial regulators regarding the Twitter deal. Musk's deposition in the probe has been rescheduled for a date in early October at an SEC office, the filing said. Additionally, Musk and his companies have "cooperated and are cooperating with the SEC in multiple other ongoing investigations," Spiro wrote. In the messages, the Morgan Stanley contact wrote in February 2022 that Musk's Twitter stock-buying strategy was closely held. "No one knows what is going on and why but you and me," the person at Morgan Stanley wrote.

Persons: Elon Musk, The Beverly Hilton, Robin Andrews, Andrews, Alex Spiro, Quinn Emanuel, Musk, Spiro, Morgan Stanley, Jared Birchall Organizations: SpaceX, Tesla, The Beverly, The Securities, Exchange Commission, SEC, Twitter, Oklahoma Firefighters Locations: Beverly Hills , California, U.S, Los Angeles, New York

☆ MrBeast is in a tough spot. But PR experts say an aggressive 'superlawyer' isn't the fix he needs.
▼ + stars: | 2024-08-29 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

DailyMail.com reported that he hired Alex Spiro, a $2,000-an-hour attorney who has represented Alec Baldwin and Elon Musk. He also claimed Donaldson hired a registered sex offender to be part of his crew. Related storiesHiring a 'superlawyer'In that context, he hired Spiro, who has represented Elon Musk, Megan Thee Stallion, and Alec Baldwin. AdvertisementHowever, experts told BI that if Donaldson had enlisted Spiro, it may just add fuel to the fire. Dave Kotinsky/Getty Images for MrBeast BurgerTrust is vitalTrust is hugely important between influencers and their fans, Perkes said.

Persons: —, Jimmy Donaldson —, Donaldson, DailyMail.com, Alex Spiro, Alec Baldwin, Elon Musk, Quinn Emanuel Urquhart, Sullivan, he's, Ava Tyson, Ava, MrBeast, Dawson French, Spiro, Megan Thee, Haddy, Jemal Countess, Laura Perkes, Perkes, Kellie Whitehead, Whitehead, Folivi, it's, Dave Kotinsky, they've, they're, didn't Organizations: Service, Business, YouTube, The New York Times, Daily, Elon, MrBeast Burger Locations: French, New Jersey

Here’s what led to the dismissal in the Baldwin case. Judge Mary Marlowe Sommer presides over actor Alec Baldwin's trial on involuntary manslaughter in First Judicial District Court on July 12, 2024 in Santa Fe, New Mexico. The items, however, were cataloged separately from Baldwin’s case, excluded from the “Rust” case inventory and not tested to see if they matched the lethal round, according to Poppell’s testimony. Attorney Luke Nikas embraces actor Alec Baldwin during his trial on involuntary manslaughter at Santa Fe County District Court in Santa Fe, New Mexico, on July 12, 2024. Dismissal with prejudice is warranted to ensure the integrity of the judicial system and the efficient administration of justice.”Gutierrez-Reed’s attorney, Jason Bowles, said he will move to dismiss her case following Baldwin’s case dismissal.

Persons: Alec, ”, Mary Marlowe Sommer, Baldwin, Hilaria, Halyna Hutchins, “, Hutchins, “ Rust, Joel Souza, Seth Kenney, – Erlinda Johnson –, Marlowe Sommer, Kari Morrissey, Alex Spiro, ” Morrissey, Judge Mary Marlowe Sommer, Alec Baldwin's, Ramsay de, Baldwin’s, Brady, Marissa Poppell, Troy Teske, Gutierrez, Teske, ” Marlowe Sommer, Luke Nikas, Alec Baldwin, ” Gutierrez, Jason Bowles, ” Bowles, CNN’s Julia Vargas Jones Organizations: CNN, Images Defense, Cornell Law School, Office, Court, Getty, State Locations: New Mexico, Mexico, Judicial, Santa Fe , New Mexico, . Maryland, Santa Fe, Santa Fe County

☆ Alec Baldwin trial: Judge pauses trial after defense alleges government misconduct
▼ + stars: | 2024-07-12 | by ( Josh Campbell | Cheri Mossburg | ) edition.cnn.com time to read: +4 min

However, the technician testified the items were catalogued separately from Baldwin’s case and were not included in the “Rust” case inventory or tested to see if they matched the lethal round. Baldwin’s team argued prosecutors did not properly disclose this evidence to the defense and asked for the case to be dismissed. In response, prosecutor Kari Morrissey said investigators determined the ammunition was not a match to those found on the “Rust” set and had no evidentiary value to the case. The judge has ordered additional witnesses to testify before she renders a ruling on Baldwin’s motion to dismiss the case. At opening statements Wednesday, prosecutors alleged Baldwin was reckless with firearms on set and violated the “cardinal rules of firearm safety” with his actions.

Persons: Alec Baldwin, “, armorer Hannah Gutierrez Reed, Troy Teske, Marissa Poppell, Baldwin’s, Kari Morrissey, ” Morrissey, Judge Mary Marlowe Sommer, Seth Kenney, Detective Alexandria Hancock, Gutierrez Reed, Jason Bowles, Halyna Hutchins, ” Baldwin, Hutchins, Joel Souza, Baldwin, ”, Alec Baldwin's, –, Harlan Rust, Alex Spiro Organizations: CNN, Office Locations: Santa Fe, Mexico, “

☆ Alec Baldwin trial on hold as judge considers defense request to dismiss case over disputed ammo
▼ + stars: | 2024-07-12 | by ( ) www.cnbc.com time to read: +2 min

Alec Baldwin 's involuntary manslaughter trial in New Mexico was put on hold Friday while the judge considers a defense motion to dismiss the case over disputed ammunition evidence. "We don't know if it's a live ammunition match or not," Baldwin's attorney Luke Nikas told the judge. The prosecution has said that the ammunition was not connected to the case and was not hidden. The issue came up Thursday on the second day of trial during defense questioning of sheriff's crime scene technician Marissa Poppell. "This is a wild goose chase that has no evidentiary value whatsoever," Morrissey told the judge Friday.

Persons: Alec Baldwin, Halyna Hutchins, Judge Mary Marlowe Sommer, Luke Nikas, it's, Marissa Poppell, Baldwin, Alex Spiro, Seth Kenney, Kari Morrissey, Troy Teske, Hannah Gutierrez, Reed, Hutchins, Morrissey Locations: Santa Fe , New Mexico, U.S, New Mexico

Timoteo Benavidez: The retired Sante Fe Police Department lieutenant was the day shift command on the day of the 2021 shooting on the “Rust” set. When he checked the gun, Benavidez testified there were no rounds in it. The retired Sante Fe Police Department lieutenant was the day shift command on the day of the 2021 shooting on the “Rust” set. When he checked the gun, Benavidez testified there were no rounds in it. The detective at Santa Fe Sheriff’s Department testified for the prosecution, giving details oh how the director of “Rust” was treated for his injury.

Persons: Alec Baldwin, —, Halyna Hutchins, ”, Baldwin, “, Erlinda Johnson, Johnson, Hutchins, that’s, ” Johnson, Hutchins “, Alex Spiro, Harland Rust ., ” Spiro, Spiro, Nicholas Lefleur, Timoteo, Benavidez, armorer, Hannah Gutierrez Reed, Joseph Lujan, “ Rust ”, Marissa Poppell Organizations: ”, Santa Fe Sheriff’s Department, Sante Fe Police Department Locations: Mexico, Santa Fe

What's next: Media Matters filed a motion to dismiss Musk's lawsuit in March, but a judge has yet to rule. VCG/GettyGovernment lawsuits and investigationsSEC investigation into Musk's Twitter takeoverThe issues: The Securities and Exchange Commission is investigating Elon Musk's Twitter purchase. Matt Winkelmeyer/Getty ImagesPersonal lawsuits against MuskTornetta v. MuskThe issues: Tesla shareholder Richard Tornetta sued Musk and Tesla in a class action lawsuit regarding Musk's compensation package, which was worth $55.8 billion at the time. Several lawsuits also allege Musk discriminated against them because of their race, gender, or disability in choosing to fire them. The executives were set to receive golden parachutes, but claim Musk and X have not paid them out.

Persons: —, Elon Musk, Musk, Claire Boucher, Grimes, Alex Spiro, Sam Altman, Donald Trump, Spiro, Anna Webber, Angelo Carusone, What's, Gina Carano, Schaerr Jaffe, Tesla, Musk's, Elon, SEC hasn't, Elon Musk's, who've, Owen Diaz, Matt Winkelmeyer, Richard Tornetta, Kimbal Musk, He's, Boucher, Benjamin Brody, Brody, Brody reverberated, Ben Brody, didn't, Robert Kaiden, Kaiden, he's, Agrawal, Parag Agrawal, Ned Segal, Twitter Vijaya Gadde, Sean Edgett, Segal, hadn't Organizations: Service, SpaceX, Business, OpenAI, SEC, Trump, Trump —, Elon, Variety, Media, X Corp, Disney, National Labor Relations Board, UAW, Tesla, Getty Government, Twitter, Securities, Exchange Commission, Justice Department, Reuters, Traffic, Administration, NHTSA, Apple, NLRB, Musk's SpaceX, US, Employment Opportunity, Musk, Nazi, Litigation Locations: Texas, Texas and Missouri, America, Nazi Germany, California, Delaware, San Francisco

☆ Alec Baldwin: Judge denies motion to dismiss indictment in ‘Rust’ shooting case
▼ + stars: | 2024-05-24 | by ( Alisha Ebrahimji | ) edition.cnn.com time to read: +3 min

CNN —A judge in New Mexico denied Alec Baldwin’s motion to dismiss the involuntary manslaughter indictment against him in the “Rust” fatal shooting case, connected to the 2021 death of the film’s cinematographer, Halyna Hutchins. Baldwin’s attorneys had accused prosecutors of misconduct during the grand jury process and sought to have the case dismissed. Baldwin’s lawyers filed a motion to dismiss the indictment in March. In response to Baldwin’s team’s March motion to dismiss the indictment, special prosecutors in New Mexico defended their case, saying Baldwin’s behavior on the “Rust” movie set contributed to “safety compromises” that led to the fatal shooting. In the order to deny Baldwin’s motion to dismiss, the judge said despite the defense’s claims,there was no prosecutorial bad faith, as Baldwin’s legal team had claimed, and proper procedures were followed in the grand jury process.

Persons: CNN —, Alec Baldwin’s, Halyna Hutchins, Baldwin, Hutchins, Joel Souza, “, ”, Baldwin’s, ’, Hannah Gutierrez Reed, Luke Nikas, Alex Spiro Organizations: CNN Locations: New Mexico, Mexico

☆ Judge to Rule Next Week on Whether to Dismiss Alec Baldwin Case
▼ + stars: | 2024-05-17 | by ( Julia Jacobs | ) www.nytimes.com time to read: +1 min

A judge in New Mexico will rule next week on whether to dismiss the involuntary manslaughter indictment against Alec Baldwin in the fatal shooting of a cinematographer on the “Rust” film set, after she closely questioned the lead prosecutor on Friday about her handling of grand jury proceedings. Lawyers for Mr. Baldwin — who was rehearsing with an old-fashioned revolver on the set in 2021 when it fired a live bullet, killing the cinematographer, Halyna Hutchins — had lodged numerous objections to how the case has been handled, calling the prosecution “an abuse of an innocent person whose rights have been trampled to the extreme.”The defense claimed at a hearing on Friday that the prosecution had not sufficiently shown the jurors evidence that could have supported Mr. Baldwin’s case. That included presenting witnesses who could have bolstered the defense’s contention that Mr. Baldwin had no reason to think that the gun was loaded with live ammunition and that actors are not responsible for gun safety on film sets. “The court can have no comfort in this indictment; it can have no comfort in the way it was procured,” a lawyer representing Mr. Baldwin, Alex Spiro, argued at the hearing, which took place virtually. “It cannot possibly believe it was fair and impartial.”

Persons: Alec Baldwin, Baldwin —, Halyna Hutchins —, Baldwin, ”, Alex Spiro Organizations: Mr Locations: New Mexico

☆ Dozens of former employees plan to sue Bowlero alleging discrimination after EEOC closes case, lawyer says
▼ + stars: | 2024-05-06 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +8 min

During the company's earnings call with Wall Street analysts later Monday, executives said that the EEOC investigation was now behind them and would no longer be a distraction. "Because of limited resources, we cannot file a lawsuit in every case where we find discrimination," the EEOC explains on its website. It's unclear if the question of whether to sue Bowlero made it to a vote with the EEOC's commissioners. He told CNBC he plans to sue Bowlero for $80 million, plus legal fees. In response, Bowlero's attorneys Alex Spiro and Hope Skibitsky at law firm Quinn Emanuel said they "are pleased with the outcome of the EEOC investigation."

Persons: Bowlero, Thomas Shannon, Robert Lavan, there's, it's, Daniel Dowe, EEOC, Dowe, Alex Spiro, Hope Skibitsky, Quinn Emanuel, Thomas Tanase, Tanase's, didn't Organizations: U.S, Commission, CNBC, AMF, Lucky, Wall Street, Bowlero Locations: North America, Virginia

☆ Elon Musk and Jeff Bezos hang out with celebrities in Miami during the F1 Grand Prix weekend
▼ + stars: | 2024-05-05 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

The Miami Grand Prix took place this weekend. AdvertisementBillionaires mingled with athletes and celebrities this weekend during the Miami Grand Prix. The third-annual Miami Grand Prix officially kicked off on Friday, with racers like Max Verstappen and Daniel Ricciardo duking it out on the Miami International Autodrome. Alexander Tamargo/Getty ImagesElon Musk also made an appearance during the Miami Grand Prix weekend. Alexander Tamargo/Getty ImagesAlthough the Miami Grand Prix is a spectacle that draws F1 fans from all walks of life, it also helps boost the local economy.

Persons: Jeff Bezos, Elon Musk, —, Max Verstappen, Daniel Ricciardo duking, Tom Brady, Clive Rose, Page, Miami Mayor Francis Suarez, Alex Spiro, Jamie Saltar, Brady isn't, Bezos, Brady, Ken Griffin, Alexander Tamargo, Musk, Ken Griffins, Jared Kushner, Ivanka, Romain Maurice, Ivanka Trump, LeBron James, Patrick Mahomes Organizations: Miami, Prix, Elon, Service, Miami Grand Prix, Miami International, NFL, Sports Illustrated, Miami Mayor, Getty, Express, Citadel, Citadel Securities, Ivanka Trump, Los Angeles Lakers, Kansas City Chiefs, Athletic Locations: SoFlo, Miami, Bezos, Citadel, Chicago, South Florida, Miami , Florida

☆ Elon Musk's go-to lawyer is facing possible sanctions over his behavior in the Tesla CEO's deposition
▼ + stars: | 2024-04-10 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Alex Spiro faces potential sanctions over his behavior during Elon Musk's deposition. An opposing lawyer accused Spiro, Musk's go-to attorney, of acting "astonishingly unprofessional." At several points in the deposition, Spiro and Bankston traded barbs. "I've rarely met a lawyer with less decorum than you, if you could be called a lawyer," Musk said to Bankston. First of all, I know you're not a Texas attorney," Bankston said after Spiro told his client not to answer one of his questions in the deposition.

Persons: Alex Spiro, Elon, Spiro, Musk's, Musk, —, Ben Brody, Brody's, Mark Bankston —, Sandy, Alex Jones —, Bankston, he's, Quinn Emanuel Urquhart, Sullivan, HuffPost, he'd, Brody, we're, I've, Alex ., Neil Heslin, Scarlett Lewis, Sandy Hook, Jesse Lewis, Alex Jones, Jones Organizations: Nazi, Service, Bloomberg, New Locations: Texas, New York, Thailand

☆ Former Bowlero exec says company threatened to report him to FBI in proposed extortion, retaliation suit
▼ + stars: | 2024-04-09 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +11 min

Equal Employment Opportunity Commission alleging they were fired based on their age or out of retaliation, according to company securities filings and the proposed countersuit. Bowlero says that Tanase resigned and then had a change of heart when he realized he wouldn't get severance pay. Now, Tanase is seeking the court's permission to countersue Bowlero and the company's executive vice chairman, Brett Parker. I've told you this before," said Tanase, according to the transcript. He also claims Bowlero sued him to deter him from filing a complaint with the EEOC or serving as a witness in its investigation into Bowlero.

Persons: Bowlero's, Thomas Tanase, Bowlero, Tanase, Thomas Shannon, countersue Bowlero, Brett Parker, Parker, Daniel Dowe, he'd, haven't, I've, Alex Spiro, Quinn Emanuel, Elon Musk, Alec Baldwin, Spiro, Scott Pickus, Pickus, Shannon Organizations: Bowlero, U.S, AMF, Lucky, Federal, CNBC, FBI, Elon Locations: Virginia, North America, Bowlero

☆ A deposition Elon Musk fought to keep confidential was released. Read the most interesting quotes.
▼ + stars: | 2024-04-08 | by ( Grace Kay | ) www.businessinsider.com time to read: +8 min

Elon Musk's deposition from a lawsuit alleging he falsely boosted a conspiracy theory was released. In the deposition, Musk said he might have financially impaired X more than helping it. AdvertisementA deposition that Elon Musk's lawyer fought to keep from the public eye was released on Monday. AdvertisementMusk said during his deposition that he'd used the alternate account for testing, but it was no longer in use. "I briefly used this as a test account," Musk said.

Persons: Elon, HuffPost, Musk, —, Elon Musk's, Ben Brody, Brody, Musk's, Bankston, Walter Isaacson's, Isaacson, he'd, Grimes, Elon Musk, CHANDAN KHANNA, X, — Elon, who'd, Alex Spiro Organizations: Service, Nazi, Rose City Nationalists, Fidelity, SpaceX, Circuit, Sun Locations: Americas, Austin , Texas

☆ Elon Musk cancels X partnership with former CNN anchor Don Lemon after interview
▼ + stars: | 2024-03-13 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +3 min

Former CNN anchor Don Lemon announced Wednesday that X owner Elon Musk has canceled a partnership in which Lemon would host a new show on the social network. Lemon said he was informed of the decision to cancel the deal just hours after he taped an interview with Musk for the premiere of The Don Lemon Show on March 18. Musk claimed in a post on X Wednesday that "instead of it being the real Don Lemon, it was really just Jeff Zucker talking through Don, so lacked authenticity. The interview with Musk will be posted on YouTube, podcast platforms and will still be published on X, Lemon said. It remains unclear what, if any, contract had been arranged and what the terms of any partnership were between X and The Don Lemon Show.

Persons: Don Lemon, Elon Musk, Lemon, Musk, Jeff Zucker, Don, Zucker, Donald Trump, X, Tulsi Gabbard, Jim Rome, Alex Spiro, CNBC's Lora Kolodny Organizations: CNN, SpaceX, Twitter, YouTube, U.S . Rep, CNBC

☆ Twitter employees monitored Elon Musk's jet-tracking account to see when he'd be in the office
▼ + stars: | 2024-02-20 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Twitter staff also took to watching a social-media account that tracks Musk's planes, according to a new book about the company. Musk's jet travels made Sweeney's jet-tracking account @Elonjet more active than ever. Musk also reached out directly to Sweeney about the jet-tracking account. AdvertisementSince then, the college student has set up an account on the site that posts Musk's flight data with a 24-hour delay. The college student also posts flight data associated with other celebrities, including Taylor Swift and Mark Zuckerberg.

Persons: —, Elon, Musk, Jack Sweeney —, Kurt Wagner, Wagner, Elon Musk, Sweeney, he'd, Lars Moravy, Andrej Karpathy, Parag Agrawal, Agrawal, Vijaya Gadde, Jack Dorsey, Alex Spiro, Dorsey, Taylor Swift, Mark Zuckerberg, Grimes Organizations: Service, Twitter, Bloomberg, Business, SpaceX, Tesla, Gulfstream, Super, University of Central, University of Central Florida Locations: San Francisco, Texas, California, University of Central Florida

☆ Elon Musk must testify in SEC probe of his Twitter takeover
▼ + stars: | 2024-02-12 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +2 min

Tesla and SpaceX CEO Elon Musk has to testify in a probe by the U.S. Securities and Exchange Commission concerning his 2022 acquisition of Twitter, a U.S. judge ordered in a court filing out Saturday. Musk closed his acquisition of Twitter in October 2022 in a deal worth roughly $44 billion, and has since rebranded it X. Musk, his attorney Alex Spiro and the SEC did not immediately respond to requests for comment. The settlement required Musk to have a "Twitter sitter" approve his tweets about his electric vehicle business before posting them. Attorneys for SpaceX argued in their suit that the very structure of the federal labor board violates the U.S. Constitution.

Persons: Elon Musk, Musk, Laurel Beeler, Alex Spiro, Tesla Organizations: SpaceX, U.S . Securities, Exchange Commission, Twitter, CNBC, SEC, U.S, Supreme, National Labor Relations Board, NLRB, Southern, Southern District of, Attorneys, . Constitution, Starbucks Locations: Warsaw, Poland, U.S, Southern District, Southern District of Texas, Brownsville, .

☆ Elon Musk's lawyer is helping Adam Neumann as he tries to buy back WeWork
▼ + stars: | 2024-02-07 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Adam Neumann is trying to buy back WeWork, the now-bankrupt company he cofounded. He's being aided by lawyer Alex Spiro, who helped Elon Musk take over Twitter in 2022. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdam Neumann is trying to buy back WeWork – with the help of a lawyer close to Elon Musk.

Persons: Adam Neumann, He's, Alex Spiro, Elon Musk, Jay, Megan Thee, —, Neumann, Quinn Emanuel Urquhart, Sullivan who's, Musk, Spiro, Quin Emanuel, Tesla, Vernon Unsworth, Randeep Hothi, Jeanine Zalduendo, Zalduendo, Bobby Shmurda, Robert Kraft, Dinesh D'Souza, Thabo Sefolosha Organizations: Twitter, Service, New York Times, Bloomberg, Bloomberg Law, SpaceX, Securities and Exchange Commission, JPMorgan Chase, New England Patriots Locations: British, Alameda County, Los Angeles

☆ Adam Neumann is trying to buy bankrupt WeWork, DealBook reports
▼ + stars: | 2024-02-06 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Billionaire Adam Neumann is trying to buy back bankrupt real-estate company WeWork, which he founded in 2010 and was ousted from in 2019, DealBook reported Tuesday. Neumann had tried to arrange financing of up to $1 billion in October 2022 but was rebuffed by former CEO Sandeep Mathrani. WeWork advisors resisted Neumann's efforts but eventually suggested that Neumann provide DIP financing instead of a term sheet, according to the letter. Neumann stepped down in 2019 as the company faced mounting investor concerns over its corporate governance and valuation. Third Point, Neumann and Spiro did not immediately respond to CNBC's request for comment.

Persons: Adam Neumann, DealBook, Neumann, Dan Loeb's, Dealbook, Alex Spiro, Sandeep Mathrani, WeWork, Spiro, Read Locations: Neumann

☆ WeWork cofounder Adam Neumann is reportedly trying to pull a Steve Jobs
▼ + stars: | 2024-02-06 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Adam Neumann is exploring an offer to buy back the now-bankrupt WeWork, per the NYT. It could be a similar move to Steve Jobs' revival as the Apple CEO, 12 years after he resigned. AdvertisementWeWork cofounder Adam Neumann is exploring an offer to buy the now-bankrupt company, The New York Times' DealBook first reported. Neumann has met with WeWork several times since December to discuss buying it or its assets, or providing it with financing, per the letter. In a statement shared with Business Insider, a WeWork spokesperson said: "WeWork is an extraordinary company.

Persons: Adam Neumann, Steve Jobs, Neumann, Dan Loeb's, —, DealBook, Alex Spiro, WeWork, Jobs, Gil Amelio, Amelio's Organizations: WeWork, Apple, Service, The New York Times, Elon, Flow, NeXT, Macworld, Business

☆ Former Tesla director Larry Ellison invited Elon Musk to Hawaii to 'dry out' from drugs, report says
▼ + stars: | 2024-02-04 | by ( Katherine Tangalakis-Lippert | Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Elon Musk's drug use worries his business associates and board members, The Wall Street Journal reported. Former Tesla director Larry Ellison urged Elon Musk to visit Hawaii to "dry out," per The Journal. Ellison's proposal came amid increasing concerns among Musk's friends and associates that Musk's drug use was getting worse, per The Journal. Despite proclaiming that he doesn't "like doing illegal drugs," Musk's drug use has previously put him and his companies on notice. The company spent $5 million in taxpayer money to properly train its employees on the rules, the Journal reported.

Persons: Elon, Larry Ellison, Elon Musk, Musk's, —, Musk, Ellison, Alex Spiro, Christopher Muzzi, Joe Rogan Organizations: Street Journal, Service, Elon, Wall Street, Oracle, Hollywood Hills, Business, The, NASA, SpaceX, CNBC Locations: Hawaii, Hollywood, Silicon Valley

☆ Elon Musk's company directors feel an 'expectation' to use drugs with him to avoid upsetting the billionaire, report says
▼ + stars: | 2024-02-04 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Current and former Tesla and SpaceX directors and board members— some of whom have invested tens of millions of dollars in Musk's companies or have significant stock options tied to their roles — have also used drugs with him, per the report. The "volume" of Musk's drug use has created a culture wherein his closest business associates fear losing their wealth and social status by upsetting the billionaire if they refuse to use drugs with him, The Journal reported. AdvertisementMusk, his lawyer Alex Spiro, and representatives for Tesla and SpaceX did not immediately respond to requests for comment from Business Insider.

Persons: —, Elon, Musk, Alex Spiro, Tesla Organizations: Service, Wall Street, Business, SpaceX, Tesla, NASA

A new one-page indictment delivered by the grand jury Friday alleges Baldwin caused Hutchins' death — either by negligence or “total disregard or indifference” for safety. Defense attorneys for Baldwin indicate they'll fight the charge, which carries a potential prison sentence of up to 18 months. The indictment provides prosecutors with two alternative standards for the felony involuntary manslaughter charge against Baldwin. Mangels said a grand jury indictment is by no means an assurance that prosecutors will prevail at trial. “Just getting an indictment from a grand jury in no way means the prosecution has a slam dunk case or even a strong case,” she said.

Persons: — Alec Baldwin, “, Baldwin, Halyna Hutchins, Joel Souza, Hutchins, they'll, Lucien, Michael Haag, ” Michael Haag, ” Baldwin, Prosecutors, John Day, ”, Kari Morrissey, Jason Lewis, “ Rust, armorer Hannah Gutierrez, Reed, Kate Mangels, Glenn Ellington, Gutierrez, Luke Nikas, Alex Spiro, —, David Halls, Sarah Zachry, Zachry, Mangels Organizations: SANTA FE, Forensic Science Services, FBI Locations: SANTA, New Mexico, Santa Fe, Arizona, Los Angeles

☆ Alec Baldwin Is Charged, Again, With Involuntary Manslaughter
▼ + stars: | 2024-01-19 | by ( Julia Jacobs | ) www.nytimes.com time to read: +1 min

A grand jury in New Mexico indicted Alec Baldwin on Friday on a charge of involuntary manslaughter, reviving the criminal case against him in the fatal shooting of a cinematographer on the set of the film “Rust” more than two years ago when a gun he was rehearsing with went off. The indictment, which came exactly one year after the first involuntary manslaughter case against him was announced, was the latest reversal of fortune for Mr. Baldwin. The local district attorney’s initial case fell apart and the initial charge against Mr. Baldwin was dismissed in April. But a new prosecution team, Kari T. Morrissey and Jason J. Lewis, decided to present the case to a grand jury, which indicted Mr. Baldwin on Friday. In New Mexico, an involuntary manslaughter conviction on a charge like the one Mr. Baldwin faces can carry up to 18 months in prison.

Persons: Alec Baldwin, Baldwin, Kari T, Morrissey, Jason J, Lewis, Mr, ” Mr, Luke Nikas, Alex Spiro Locations: New Mexico

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