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☆ Progressives drop support for Mondaire Jones in key House race after he turned against embattled Rep. Jamaal Bowman
▼ + stars: | 2024-06-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Read previewThe Congressional Progressive Caucus's (CPC) political arm has rescinded its endorsement of former Rep. Mondaire Jones. The move comes after Jones endorsed Rep. Jamaal Bowman's moderate primary challenger, Westchester County Executive George Latimer, earlier this week. Rep. Jamaal Bowman is facing a tough primary challenge from Westchester County Executive George Latimer. Jones and Bowman appeared together at a gun violence prevention-related event in Westchester County in April 2023. Lawler has been eager to highlight Jones's past progressive positions, including his past praise for Bowman.

Persons: —, Mondaire Jones, Jones, Mike Lawler, Jamaal Bowman's, George Latimer, Evan Brown, Bowman, Israel, Latimer, Jamaal Bowman, Tom Williams, Eugene Gologursky, I'm, Pramila, Jayapal, Dan Goldman, Joe Biden, Lawler Organizations: Service, Republican, Business, Westchester, Capitol, Israel, AIPAC, Getty Images, The Washington, Getty, Congressional, DSA, Progressive Caucus, PAC, Democratic, CPC Locations: Westchester County, Bowman's, Israel, Lower Hudson, Washington, Manhattan, Brooklyn, Lawler's

☆ The incredible oblivion of Judge Marvin Isgur
▼ + stars: | 2024-06-03 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +45 min

On a mild Houston day in March 2021, Judge Marvin Isgur prepared to oversee the only case on his docket that morning. In October 2023, the Fifth Circuit Court rebuked Judge David Jones but said that his longtime colleague, Judge Marvin Isgur, had been "unaware" of Jones' inappropriate relationship. "But only Judge Isgur knows what he knew or didn't know about the relationship." Much of this work was in cases before either Judge Isgur or Judge Jones. Isgur can continue to hear the case, he ruled, writing in the December 2023 opinion that lawyers for the creditor "failed to demonstrate much other than that former Judge Jones and Judge Isgur are close friends."

Persons: Marvin Isgur, David Jones, Jones, Elizabeth Freeman, Jackson Walker, Isgur, Michael Van Deelen, he'd, Freeman, Matthew Cavenaugh, Cavenaugh, Michael Van Deelen Van, Judge Jones, who'd, Steve Smith, Smith, Michael Lewis, Van Deelen, I'm, Van Deelen's, Tom Kirkendall, Gary Cruciani, Judge David Jones, Nancy Rapoport, University of Nevada Las Vegas William S, Kirkendall, " Jones, Trump, she's, Sarah, Porter Hedges, —, — Elizabeth Freeman, John Higgins, Whitney Ables, Josh Wolfshohl, Amy Lucas, Porter, Wesley Steen, Fifth Circuit —, that's, Liz, Bruce Markell, it's, Judge William Greendyke, Lynn LoPucki's, Patricia Tomasco, Christopher Lopez, Manges, Greendyke, Albert Alonzo, Alonzo, Jones Isgur, Susan Tran Adams, Matt Cavenaugh, Veronica Polnick, Genevieve Graham, cookout, Graham, Tran, Christina Morrison, David, I, Neiman Marcus, J.C, Penney, Freeman hadn't, hadn't, Jim Wilkinson, Ellis, Kirkland, Ellis —, Veronica Polnick —, Polnick —, Elizabeth, COVID, Jackson, Kirkland Ellis, they'd, — Greendyke, Wilkinson, Judge Isgur, Mike Warner, Eduardo Rodriguez, Rodriguez, Isgur's, Judge Lopez —, Lopez, Alfredo Perez, Weil, Perez, Richard Schmidt, Jack Newsham Organizations: Business, Southern District of, McDermott International, Southern, Houston, Fifth Circuit, Appeals, Department of Justice, Fifth, University of Nevada, Boyd School of Law, Circuit, University of Houston, American Bankruptcy Institute, Emory Law School, Emory, Facebook, Big Law, Reuters, Bloomberg, Northwestern's Pritzker School of Law, Enron, LinkedIn, Southern District of Texas, Judicial Conference, Texas, Chesapeake Energy, Big, Kirkland, Cavenaugh, UPS, Technologies, Candy Club, Omni, Norton Rose, GWG Holdings Inc, Brands, Southern District's, Southern District, US, Former Locations: Texas, Southern District, Southern District of Texas, Houston, New Orleans, United States, University of Nevada Las Vegas, Kirkendall, Galveston, Carolina, Porter, Harris, Nevada, Southern District of Texas , Delaware, New York, Delaware, Weil, Southern, disgorge, Sorrento, Corpus Christi, prefacing

☆ A homeless advocate of 40 years says finding homes for unhoused New Yorkers with vouchers has never been so hard
▼ + stars: | 2024-06-01 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

And the biggest program to help those in need of homes — the federal housing voucher system — isn't keeping up. With city shelters struggling, the government has set up more than 200 emergency shelters to house migrants, including in former jails and hotels. Greenberg said he decided to seek out homeless voucher holders after hearing from those who'd had an excruciating time finding an apartment. Ed Jones/Getty ImagesThe Interfaith Assembly set up a pilot program about six months ago to help homeless voucher holders find homes. Advertisement"I've spoken to landlords who want housing voucher holders, who've experienced some real damage to their apartments," Greenberg said.

Persons: —, Marc Greenberg, Greenberg, We're, Eric Adams, who'd, Ed Jones, they're, who've Organizations: Service, Coalition, Business, York, Interfaith Assembly, Homelessness, New, Apple, . New York, Assembly, Washington State Locations: York City, New York City, New York, . New, Oregon

☆ Sean ‘Diddy’ Combs: What we know and where it goes from here
▼ + stars: | 2024-06-01 | by ( Lisa Respers France | Josh Campbell | ) edition.cnn.com time to read: +9 min

CNN —Months after singer Cassie Ventura filed suit against her ex-boyfriend Sean “Diddy” Combs, his life looks very different. But the video could become evidence in an ongoing federal investigation related to Combs and allegations of sex trafficking. Members of law enforcement are seen outside of Sean "Diddy" Combs' home in Los Angeles on March 25, 2024. Sean "Diddy" Combs with Cassie Ventura attend the premiere of 'The Perfect Match' at the Arclight Theatre in Los Angeles in 2016. An aerial image of Sean "Diddy" Combs' home in Los Angeles on March 25, 2024.

Persons: Cassie Ventura, Sean “ Diddy ” Combs, Ventura, Combs, “, Here’s, HSI, Sean, Diddy, ” Aaron Dyer, Justin, Misa Hylton, Christian, ”, Hylton, Kim Porter, Sean Combs, Jessie, Rodney “, Rod ” Jones, Jones, ” Jones, Chris Delmas, ” Ben Brafman, Shawn Holley, they’ve, Department’s, Kelly, –, Elie Honig, CNN’s Sandra Gonzalez, John Miller, Elizabeth Wolfe, Eric Levenson, Denise Royal, Holmes Lybrand, Carlos Suarez Organizations: CNN, Bad Boy Records, Los Angeles County, Attorney’s, US Justice Department, Authorities, Federal, Homeland Security Investigations, US Department of Homeland Security, KCBS, Arclight Theatre, Getty Locations: New York, Miami, Los Angeles, “, AFP

☆ How Google CEO Sundar Pichai shook up his leadership team for the AI era
▼ + stars: | 2024-05-16 | by ( Hugh Langley | ) www.businessinsider.com time to read: +11 min

It came almost 12 months after Google combined two key AI groups, DeepMind and Google Brain. Google's AI MVPGoogle DeepMind CEO Demis Hassabis GoogleDemis Hassabis might be the most important person at Google right now. Then, in April last year, Pichai announced he would merge DeepMind with Google's in-house AI unit, known as Brain, into a supergroup named Google DeepMind. Reid reports directly to Raghavan, the ads and search senior vice president, and is shepherding a dramatic transition of Google Search. Fears of chatbots eating into Google's search dominance have yet to be realized, giving Google time to reinvent its most hallowed product.

Persons: —, Sundar Pichai, Pichai, Susan Wojcicki, Demis, Hassabis, Larry Page, DeepMind, OpenAI, it's, accrues, ED JONES, Rick Osterloh, Sameer Samat, he'll, Hiroshi Lockheimer, Osterloh, Prabhakar Raghavan, Siri, Tim Cook, Hiroshi, SAJJAD HUSSAIN, Liz Reid, Reid, Raghavan, Pandu Nayak, Venkatachary, It's, chatbots, Bernstein, Mark Shmulik Organizations: Service, Google, Business, Google's, BI, Research, Hassabis, Android, Apple, Apple's Vision, CNBC, Google Local Locations: Raxium

☆ Sydney: Stabbed bishop delivers first message from hospital as malicious disinformation spreads
▼ + stars: | 2024-04-18 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +7 min

The rapid spread of disinformation fomented an already volatile situation and days later authorities, faith groups and the bishop are still trying to calm community tension. But regulators are finding it much harder to act against social media platforms for the disinformation that spread online after the attacks – especially after the mass stabbing in the eastern suburb of Bondi. After the church attack, unconfirmed speculation also swirled about the faith of the alleged attacker and his motive. A 16-year-old boy has been charged with terrorism over the alleged stabbing of the bishop, police said Thursday. Video Ad Feedback Police: Australia church stabbing was 'terrorist incident' 04:31 - Source: CNNSystem of self-regulationBut stamping out some of the hateful comments that spread online has not been so easy.

Persons: Australia CNN —, Bishop Mar Mari Emmanuel, Jesus, ” Emmanuel, –, ”, Chris Minns, “ I’m, Steven Saphore, Australia’s, Meta, Facebook –, Marc Owen Jones, Russia influencer, Seven, Bondi, Jones, Hamad, won’t, he’s “, who’s, “, Elon Musk, That’s, Michelle Rowland, that’s, ” Rowland, Terry Flew Organizations: Australia CNN, Good Shepherd, State, Reuters, Facebook, NSW Police, West, Hamad Bin Khalifa University, Police, CNN, Digital Industry Group Inc, Elon, Twitter, ABC Radio Thursday, Digital Communication, University of Sydney, European, Thursday NSW Police Locations: Brisbane, Australia, Sydney, New South Wales, NSW, Westfield, Bondi, Russia, Australian, Queensland, Gaza, Qatar, European Union

☆ Sean ‘Diddy’ Combs lawsuits: A closer look at the sexual misconduct lawsuits
▼ + stars: | 2024-03-31 | by ( Eric Levenson | Nicki Brown | ) edition.cnn.com time to read: +11 min

CNN —Even before law enforcement raided his homes, the rapper, producer and businessman Sean “Diddy” Combs faced a host of legal issues. The investigation stems from many of the same sexual assault allegations put forth in the civil lawsuits, according to a second law enforcement source familiar with Monday’s searches. Ventura v. CombsCassie Ventura has accused Diddy, her former boyfriend, of rape and abuse. Gardner v. CombsSean "Diddy" Combs has been accused of misconduct in multiple lawsuits filed since November. O’Marcaigh v. Christian and Sean CombsChristian Combs is accused of sexual assault in a lawsuit filed April 4 in Los Angeles Superior Court.

Persons: Sean “ Diddy ” Combs, Aaron Dyer, –, Mr, Combs, ”, Diddy, Ventura, Combs Cassie Ventura, Ethan Miller, Cassie, Ben Brafman, “ Mr, “, ” Brafman, Dickerson, Neal, Joi Dickerson, drugging, Gardner, Combs Sean, Shareif Ziyadat, Liza Gardner, Aaron Hall, Jane, Guy, Hall, Jane Doe, Harve Pierre, Daddy’s, Doe, Pierre, ” Pierre, Rod, Rodney Jones, videographer, Lil Rod, Jones, ” Jones, Cuba Gooding, Shawn Holley, Gooding, Sean Combs, Gareth Cattermole, Grace O’Marcaigh, Christian Combs, O’Marcaigh, Dyer Organizations: CNN, New York, Authorities, Department of Homeland Security, of, Diddy, Bad Boy Records, Bad Boy Entertainment, Combs Enterprises, Epic Records, Doe Corps, New York Supreme, Syracuse University, MCA Inc, MCA Music Entertainment Group, Geffen Records, Universal Music Group, ABC Corps, ” CNN, Inc, Bad Boy Entertainment Holdings, Plaintiff, Bad Boy Entertainment Holdings Inc, Los Angeles Superior Court Locations: Southern, of New York, New York, Los Angeles

☆ Sean ‘Diddy’ Combs is target of investigation carried out by Homeland Security team that specializes in human trafficking, source says
▼ + stars: | 2024-03-26 | by ( John Miller | Elizabeth Wolfe | Federal Authorities Swarmed Diddy S Homes | ) edition.cnn.com time to read: +5 min

CNN —Homes belonging to Sean “Diddy” Combs were searched by authorities Monday because he is a target of a federal investigation carried out by a Department of Homeland Security team that handles human trafficking crimes, according to a senior federal law enforcement official briefed on the investigation. Agents were authorized to search for documents, phones, computers and other electronic devices that hold data or videos, the second law enforcement source said. A law enforcement source earlier told CNN that Monday’s searches were related to an ongoing sex trafficking investigation. Law enforcement officers ride a vehicle near a property belonging to Sean "Diddy" Combs on Monday in Los Angeles. At least one armored law enforcement vehicle was seen arriving at the Los Angeles property, and agents were processing paperwork on card tables outside the Miami-area home.

Persons: Sean “ Diddy ” Combs, Combs, HSI, “, ” Combs, Sean, Diddy, Eric Thayer, Casandra “ Cassie ” Ventura, ” Ben Brafman, Mr, Ventura, ” Weeks, ”, videographer Rodney “, Rod ” Jones, Jones, Shawn Holley, Department of Homeland Security’s, –, CNN’s Josh Campbell, Holmes Lybrand, Elizabeth Wagmeister, Carlos Suarez Organizations: CNN, Homes, Department of Homeland Security, Southern, of, Miami, Star Island, Mobile, Star, Homeland Security, HSI –, Department of Homeland Locations: of New York, New York, Los Angeles, Miami, New York’s, Star

☆ Laid-off techies face 'sense of impending doom' with job cuts at highest since dot-com crash
▼ + stars: | 2024-03-15 | by ( Alex Koller | ) www.cnbc.com time to read: +12 min

Last month's job cut count was the highest of any February since 2009, when the financial crisis forced companies into cash preservation mode. CNBC spoke to a dozen people who have been laid off from tech jobs in the past year or so about their experiences navigating the labor market. Additionally, some listings required applicants to have advanced degrees or professional experience in machine learning and artificial intelligence, a new development in Croisant's experience on the job market. "It is a combination of how well you brand yourself, about your access through networking to any given position — to the hidden job market." Still, Powers said she's trying to stay optimistic, "because giving up is not going to get me a job."

Persons: Ed Jones, Allison Croisant, Croisant, Roger Lee, Layoffs.fyi, Lee, I'm, Powers, who's, Tayfun, Christopher Fong, Fong, Michael Kascsak, Kascsak, It's, Lee of Layoffs.fyi, Amit Mittal, Amit Mittal Amit Mittal, Mittal, he's, Bill Vezey, —, Vezey, She's, would've, she's, Jennifer Elias Organizations: Afp, Getty, PayPal, Meta, Microsoft, eBay, Unity Software, SAP, Cisco, Wall, CNBC, Google, Anadolu Agency, Nationwide Locations: New York, Omaha , Nebraska, Comprehensive.io, Natchez , Mississippi, View , California, United States, Austin , Texas, U.S, who's, India, Chicago, Santa Cruz , California

☆ Alaska Airlines cabin crew used a beverage cart to stop a passenger trying to enter the cockpit, prosecutors say
▼ + stars: | 2024-03-14 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

An Alaska Airlines passenger tried three times to access the cockpit, an affidavit says. Flight attendants blocked the door with a beverage cart, it adds. AdvertisementAn Alaska Airlines cabin crew blocked the cockpit with a beverage cart to stop a passenger from accessing the flight deck, an affidavit states. AdvertisementIt adds that when a flight attendant asked why he was trying to get into the cockpit, Jones replied he "was testing them." The flight deck was locked down for the rest of the flight, and one flight attendant stayed with the beverage cart blocking the cockpit door, per the affidavit.

Persons: —, Nathan Jones, who's, Jones Organizations: Alaska Airlines, Service, Business, Transportation Security Administration Locations: Alaska, San Diego, Washington

☆ Alaska Airlines passenger accused of trying to open cockpit door has been charged in federal court
▼ + stars: | 2024-03-14 | by ( Rashard Rose | ) edition.cnn.com time to read: +3 min

CNN —A passenger on an Alaska Airlines flight this month repeatedly tried to open the cockpit door, prompting flight attendants to barricade the door and have the man restrained until landing, court documents filed in federal court allege. Jones got up from his seat several times during the flight and made three attempts to go to the front of the plane and open the cockpit door, an air marshal wrote in an affidavit. When a flight attendant asked why he tried to access the cockpit, Jones replied that he “was testing them,” the affidavit reads. The cockpit was locked down and barricaded with a beverage cart for the remainder of the flight, according to the affidavit. The passenger had tried to access the cockpit in a “nonviolent manner” and “appeared confused,” Alaska Airlines said on Wednesday.

Persons: Nathan Jones, Jones, “, Robert Jenkins, ” Jenkins, Anne Zalewski, CNN’s Elizabeth Wolfe Organizations: CNN, Alaska Airlines, Dulles International, Federal Aviation Administration, FAA, United Airlines Locations: San Diego, Virginia, Alaska, Alexandria , Virginia

☆ RuPaul Serves Some Confounding Truths in ‘The House of Hidden Meanings’
▼ + stars: | 2024-03-05 | by ( Saeed Jones | ) www.nytimes.com time to read: +1 min

THE HOUSE OF HIDDEN MEANINGS: A Memoir, by RuPaulAs “The House of Hidden Meanings” is RuPaul’s fourth book and his first straightforward memoir, it’s understandably being marketed as an opportunity to see the pop culture icon in a new light. The striking, almost intimidating, black-and-white cover photograph notably subverts the expectation of seeing Ru in glamorous technicolor drag. All the artifice has been stripped away, we’re being told: This is RuPaul stripped bare. But the meanings laid bare in the text contradict RuPaul’s narration again and again. What’s revealed is a striver high on his own supply who tries to spin his story as empathetic wisdom draped in Instagram-ready captions.

Persons: RuPaul, it’s, we’re, What’s, RuPaul —, wearily, ” Locations: United States, San Diego

☆ Bobbi Brown shares her beauty hot takes, from her thoughts on influencers to grunge makeup
▼ + stars: | 2024-02-29 | by ( Amanda Krause | ) www.businessinsider.com time to read: +1 min

Bobbi Brown is the beauty icon and expert behind nine books and her brand, Jones Road. She recently shared her hot takes on beauty trends and makeup looks with Business Insider. AdvertisementWho knows makeup better than Bobbi Brown? The 66-year-old beauty mogul has been a staple of the cosmetics industry since founding her first beauty brand, Bobbi Brown Cosmetics, in 1991. So, during an interview with Business Insider, we asked Brown to share her thoughts on the most popular beauty products, looks, and trends.

Persons: Bobbi Brown, —, Bobbi Brown Cosmetics, Brown, she's Organizations: Service, Business

☆ Sean ‘Diddy’ Combs sued by male producer who alleges sexual assault
▼ + stars: | 2024-02-27 | by ( Lisa Respers France | ) edition.cnn.com time to read: +7 min

Khorram allegedly ordered prostitutes and illicit drugs for Combs and his guests and according to the lawsuit, Jones believed Khorram “aided and abetted” Combs’ sexual assault. “Our attempts to share this proof with Mr. Jones’ attorney, Tyrone Blackburn, have been ignored, as Mr. Blackburn refuses to return our calls. “This was done to ease Mr. Jones’ anxiety concerning homosexuality,” the suit alleges. In a statement to CNN, he called Jones’ allegations “false.”“My lawyer will be handling this going forward,” Stevie J added. Combs was present while Mr. Jones was being assaulted by Cuba Gooding Jr.,” the suit alleges.

Persons: CNN —, Sean “ Diddy ” Combs, ” Rodney “, Rod ” Jones, videographer, Combs, Jones, Combs ’, Kristina Khorram, Sir Lucian Grainge, Justin, Justin Combs, Khorram, Khorram “, abetted ” Combs, “, DeLeon Tequila, Grainge, Habtemarian “, ” Jones, Shawn Holley, Sean Combs, ”, ” Holley, Tyrone Blackburn, Blackburn, “ Justin Combs, Sean, Diddy, Chris Pizzello, Steven ‘ Stevie J ’ Jordan, Stevie J, ’, Oscar, Cuba Gooding, Jr, Mr, “ Mr, ” Gooding, Casandra Ventura, ” Ben Brafman, Ventura, ” Weeks, ” Combs, Rodney Jones, Lucian Grainge, Grainge “ Organizations: CNN, Universal Music Group, Motown, Ethiopia, Khorram, Billboard, Islands, Motown Records, Cuba Locations: New York, Los Angeles

☆ South Korea digital nomad visa: what to know
▼ + stars: | 2024-02-22 | by ( Lilit Marcus | ) edition.cnn.com time to read: +6 min

According to a report in the Korea Herald, South Korea’s Justice Ministry says the digital nomad visa will make remote work and vacations smoother for visitors. The site ranks South Korea highly for nightlife and youth culture, but gives lower marks for LGBT acceptance and English-language accessibility. Meanwhile, South Korea places 49 out of 113 countries on the English Proficiency Index, which puts it in the “moderate” category. Still, Humphries is undeterred in his quest for the South Korea “workation” visa and plans to base himself in Seoul if approved. “The South Korean digital nomad visa is a great step forward for allowing foreigners to reside in the country,” he says.

Persons: Ashley Humphries, he’s, Humphries, Jungho Suh, ”, Suh, ” Jeong Hyun Cho, Jeong, Ed Jones, Gawon Bae, Veronica Lin Organizations: CNN, South Korean, Korea Herald, Korea’s, Ministry, Korean Management Institute, George Washington University, Korea –, Statistics Korea, Human Rights Commission, South Korean Society, Digital Nomads Korea WhatsApp, Getty, Foreigners, South Locations: South Korea, Asia, Dubai, Cayman Islands, Korea, Hong Kong, Thailand, Indonesian, Bali, South, Seoul, AFP, Korean, expats, Turkey, Norway, Kuwait, North America, Singapore, Japan

☆ Trump is fighting back after a court monitor report that suggested he evaded taxes
▼ + stars: | 2024-01-30 | by ( Hannah Getahun | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

A letter from Donald Trump's court monitor in his fraud trial suggests he lied about a $48 million loan. The team also provided a memo from the Trump Org's legal department stating that the loan was paid off. AdvertisementDonald Trump is fighting back after a court monitor's footnote indicated that the former president may have committed tax fraud. The Daily Beast first reported on Sunday the note from Jones is a clue Trump used a fake $48 million loan as a vessel to avoid paying income taxes. Advertisement"It would appear, assuming Judge Jones' letter is accurate, that this amounts to tax evasion," Martin Lobel, a tax lawyer, told The Daily Beast.

Persons: Donald Trump's, —, Donald Trump, Barbara Jones, Arthur Engoron, Donald J, Trump, Jones, Judge Jones, Martin Lobel, Clifford S, Robert, Christopher Kise, , Jason Flemmons, Kise Organizations: Trump, Service, Trump Organization, Manhattan Supreme, Chicago, Daily Beast, Daily, Business, Government, Trump Org, Mezz Venture

☆ The 2023 U.S. economy, in a dozen charts
▼ + stars: | 2024-01-07 | by ( Gabriel Cortés | ) www.cnbc.com time to read: +3 min

Spending remained high, markets posted big gains and the Federal Reserve's battle against inflation showed signs of cooling — without freezing. The U.S. labor market ended the year strong, creating more than 200,000 jobs in December, according to figures released Friday by the U.S. Bureau of Labor Statistics. Here are nine other charts that show how the economy rounded out 2023. Inflation, wages and spendingWhile inflation continues to be top of mind for U.S. consumers, the rate of inflation cooled significantly in 2023. Even assets such as crypto saw a rebound in 2023 after hitting a low in November of the previous year.

Persons: Ed Jones, Barbie, Oppenheimer, Taylor, Jerome Powell Organizations: AFP, Getty, U.S . Bureau of Labor Statistics, Transportation Security Administration, Dow Jones, Nasdaq, Reserve Locations: Square , New York, U.S

of X Elon Musk speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City. Elon Musk on Sunday reinstated the account of conspiracy theorist Alex Jones on X, formerly Twitter, reneging on a year-ago vow to keep Jones off the social network. Users of the Elon Musk-led X social media platform had anticipated the reinstatement of Jones since at least Thursday, when Musk said he would consider reinstating Jones. Musk said Jones "cannot break the law," but that if he does spread misinformation, X's community notes feature will correct him. X has allowed Tate to monetize his account and Tate has said that he generated tens of thousands of dollars on X, previously.

Persons: Tesla, X Elon Musk, Elon Musk, Alex Jones, Jones, Sandy, Sandy Hook, Infowars, Musk, Andrew Tate —, Tate, monetize, Travis Brown, Jack Sweeney, Aaron Greenspan, MMfA, he's, Donald Trump Organizations: SpaceX, New York Times, Elon, Twitter, Elementary, Sandy Hook Elementary School, Associated Press, Media, America Locations: New York City, Sandy, Newtown , Connecticut, Texas and Connecticut, Romania, New York

☆ Asia markets poised to fall ahead of key economic data from across the region
▼ + stars: | 2023-12-05 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

(Photo by Ed JONES / AFP) (Photo by ED JONES/AFP via Getty Images)Most Asia-Pacific markets were set to fall ahead of a slew of economic data from across the region. South Korea's overall inflation rate in November fell to 3.3%, compared with 3.7% expected by a Reuters poll. The inflation rate for Japan's capital, Tokyo, came in at 2.6%, down from the 3.3% in October. Tokyo's inflation figures are widely considered to be a leading indicator of national trends. Caixin and S&P Global will also release China's service purchasing managers' index today, while private PMI readings will also be out from Hong Kong and India.

Persons: Ed JONES, ED JONES Organizations: Getty, P Global Locations: Seoul, AFP, Asia, Pacific, South, Tokyo, Hong Kong, India

☆ Neiman Marcus Rejects $3 Billion Takeover Bid by Saks
▼ + stars: | 2023-12-01 | by ( Suzanne Kapner | Lauren Thomas | ) www.wsj.com time to read: 1 min

A merger of Saks and Neiman could help the chains negotiate better terms with suppliers and allow them to strip out duplicate costs. Photo: ed jones/Agence France-Presse/Getty ImagesSaks Fifth Avenue wants to buy rival Neiman Marcus. But the two luxury retailers can’t agree on the terms of a marriage. This week, Neiman rejected Saks’s most recent takeover offer, which valued the upscale chain at close to $3 billion, according to people familiar with the situation. Neiman objected to the deal’s structure, a significant portion of which wasn’t in cash, some of the people said.

Persons: Neiman, Neiman Marcus Organizations: Saks, Agence France

☆ Chasing Neiman Marcus: Saks’s Latest Merger Bid Is Rejected
▼ + stars: | 2023-12-01 | by ( Suzanne Kapner | Lauren Thomas | ) www.wsj.com time to read: 1 min

Persons: Neiman, Neiman Marcus Organizations: Saks, Agence France

The financial watchdog overseeing the Trump Organization informed a New York judge on Wednesday about $40 million in cash transfers that were not previously disclosed as required to that court-appointed monitor. A review of bank statements since January shows that there were "three cash transfers exceeding $5 million each, totaling approximately $40 million," she wrote. Kise's statement referenced Jones' last regular report to the judge, which she sent in August. In that previous letter, Jones notified Engoron about what she described as issues of incompleteness and inconsistency in certain disclosures to lenders and others by the Trump Organization. A spokeswoman for New York Attorney General Letitia James had no comment on Jones' letter.

Persons: Donald Trump, Barbara Jones, Arthur Engoron, Trump, Jean Carroll, Jones, general's, Engoron, Christopher Kise, Kise, Letitia James Organizations: New, Supreme, Trump Organization, Trump, Trust, CNBC, New York Locations: New York City, New York, Manhattan

☆ US home prices hit another record high in September, rising for the eighth straight month
▼ + stars: | 2023-11-28 | by ( Anna Bahney | ) edition.cnn.com time to read: +3 min

Washington, DC CNN —US home prices continued to rise in September, hitting a new record high and marking the eighth consecutive month of increases, according to data released Tuesday. Even as mortgage rates lingered above 7% in September, historically low inventory continued to push up the price of a home. Prices rose 0.7% in September from the month before, according to seasonally adjusted data from the S&P CoreLogic Case-Shiller US National Home Price Index. Compared to a year ago, the national composite index also rose, with prices up 3.9% from September 2022, the data shows. Higher prices and higher mortgage rates led to crushing affordability challenges for homebuyers in September, bringing existing home sales to 13-year lows.

Persons: ”, Craig Lazzara, Dow, Charlotte ,, Hannah Jones, Jones Organizations: DC CNN, Dow Jones, Las, Realtor.com, homebuyers Locations: Washington, Atlanta, Boston, Charlotte, Charlotte , North Carolina, Chicago, Cleveland, Detroit, Miami ; New York, Tampa , Florida, San Diego, New York, Las Vegas, Portland , Oregon, Northeast, Midwest

Sandy Hook families who won nearly $1.5 billion in legal judgments against conspiracy theorist Alex Jones for calling the 2012 Connecticut school shooting a hoax have offered to settle that debt for only pennies on the dollar — at least $85 million over 10 years. His time is up," lawyers for the Sandy Hook families wrote. But this month, a court-appointed restructuring officer upped Jones' pay to about $57,700 biweekly, or $1.5 million a year, saying he has been “grossly” underpaid for how vital he is to the media company. If Jones doesn't accept the families' offer, Lopez would determine how much he would pay the families and other creditors. Relatives, of many but not all, of the Sandy Hook victims sued Jones in Connecticut and Texas, winning nearly $1.5 billion in judgments against him.

Persons: Sandy Hook, Alex Jones, Jones, “ Jones, Vickie Driver, ”, Christopher Lopez, Lopez, Jones ’ Organizations: Free Speech Systems, Speech Systems, Monday, Sandy Hook Elementary Locations: Connecticut, Houston, Sandy, Newtown , Connecticut, Texas

☆ Ex-Binance CEO Zhao urges judge to allow him to leave the U.S. before sentencing
▼ + stars: | 2023-11-25 | by ( ) www.cnbc.com time to read: +3 min

Lawyers for former Binance CEO Changpeng Zhao are urging a U.S. judge to reject the Justice Department's request to bar him from returning to his home in the United Arab Emirates until he is sentenced for violating anti-money laundering requirements. Zhao's lawyers in a Thursday filing asked U.S. District Judge Richard Jones in Seattle not to reverse bail conditions set by a magistrate judge on Tuesday that would allow him to leave the U.S. while awaiting sentencing. The Justice Department has asked Jones by Monday to reverse a decision by U.S. Magistrate Judge Brian Tsuchida to allow Zhao to return home to the UAE ahead of his Feb. 23 sentencing after he agreed to release him on a $175 million bail bond. Allowing Zhao to return to the UAE would allow him to take care of his partner and three children and prepare them for his sentencing, defense lawyers argued. "In the vast majority of cases, a multi-billionaire defendant who has pleaded guilty, faces possible prison time, and lives in a country that does not extradite its citizens to the United States would be detained," Justice Department lawyers said.

Persons: Zhao Changpeng, Binance, Changpeng Zhao, Richard Jones, Zhao, Jones, Brian Tsuchida Organizations: Viva Technology, Porte de, United Arab Emirates, U.S, District, Islamic, U.S . Commodity Futures Trading Commission, Justice Locations: Porte, Paris, France, Seattle, U.S, UAE, Canada, Binance, al Qaeda, Islamic State, Iraq, Syria, United States

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