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☆ Opinion | Donald Trump as Felon: The Fallout
▼ + stars: | 2024-06-03 | by ( ) www.nytimes.com time to read: +1 min

For the safety of the jurors, perhaps there is a way to do this without divulging their identities. This won’t silence the Republican leaders rallying to the ex-president, but it may resonate with average Americans looking for a fair and truthful voice to explain why the former president is now a convicted felon. David BaldwinPetaluma, Calif.To the Editor:There have been a number of letters and opinion pieces criticizing the district attorney, Alvin Bragg, claiming that he has been too creative weaving existing laws together in order to make the case for a felony versus a misdemeanor, and that the charges would have never been brought if Donald Trump had been an ordinary citizen. I don’t doubt this is true, and I applaud Mr. Bragg for the courage of his conviction (pun intended) and creativity. The jurors didn’t seem to have any problem with his case.

Persons: Republicans ”, Donald, David Baldwin Petaluma, Alvin Bragg, Donald Trump, Mr, Bragg Organizations: Republicans Locations: Calif

☆ Once a Sheriff’s Deputy in Florida, Now a Source of Disinformation From Russia
▼ + stars: | 2024-05-29 | by ( Steven Lee Myers | ) www.nytimes.com time to read: 1 min

A dozen years ago, John Mark Dougan, a former deputy sheriff in Palm Beach County, Fla., sent voters an email posing as a county commissioner, urging them to oppose the re-election of the county’s sheriff. He later masqueraded online as a Russian tech worker with a pseudonym, BadVolf, to leak confidential information in violation of state law, fooling officials in Florida who thought they were dealing with a foreigner. He also posed as a fictional New York City heiress he called Jessica, tricking an adviser to the Palm Beach County Sheriff’s Office into divulging improper conduct by the department. “And boy, did he ever spill ALL of the beans,” Mr. Dougan said in a written response to questions for this article, in which he confirmed his role in these episodes.

Persons: John Mark Dougan, Jessica, Mr, Dougan Locations: Palm Beach County, Fla, Russian, Florida, New York City, Beach

☆ Former White House Aide Returns to Stand in Trump’s Criminal Trial
▼ + stars: | 2024-05-10 | by ( Matthew Haag | More About Matthew Haag | ) www.nytimes.com time to read: +1 min

A former White House aide who worked closely with Donald J. Trump testified on Thursday about a significant meeting between Mr. Trump and his personal lawyer that is at the center of Mr. Trump’s criminal trial, the first prosecution of a former American president. Ms. Westerhout will return to the stand Friday, facing additional questions from Mr. Trump’s legal team. She took questions Thursday after two days of sometimes graphic and frequently heated testimony by Ms. Daniels. Ms. Daniels denied repeated accusations by Mr. Trump’s lawyers that she was motivated by money in divulging the sexual encounter, and that her account on the stand was inconsistent with others she has given in the past. Ms. Daniels also offered a quick retort when Mr. Trump’s lawyer Susan Necheles said she has sought to make money off the ordeal: “Not unlike Mr. Trump.”

Persons: Donald J, Trump, Madeleine Westerhout, Michael D, Cohen, Stormy Daniels, Westerhout, Ms, Daniels, Susan Necheles, ” Organizations: White House, Mr Locations: American, Lake Tahoe, Nev

☆ A Recap of Stormy Daniels’s Testimony So Far in Trump’s Hush-Money Trial
▼ + stars: | 2024-05-09 | by ( Matthew Haag | ) www.nytimes.com time to read: +1 min

For nearly five hours this week, the woman whose encounter with Donald J. Trump resulted in his criminal trial years later has told her side of the story. The woman, Stormy Daniels, answered questions from Manhattan prosecutors for several hours Tuesday before Mr. Trump’s lawyers began cross-examining her, and she will return to the stand Thursday. Defense lawyers are expected to grill her about inconsistencies in her account of a liaison at golf tournament and her motives in divulging it. Ms. Daniels began her testimony by describing how she and Mr. Trump met, a now-infamous encounter just off a fairway in Lake Tahoe, Nev., during a celebrity tournament in July 2006. One was Mr. Trump, the real estate mogul whose fame had skyrocketed as a result of his hosting the reality television show “The Apprentice.”

Persons: Donald J, Trump, Stormy Daniels, Daniels, ” Organizations: Wicked Pictures Locations: Manhattan, Tahoe, Nev

☆ Live Updates: Stormy Daniels Will Return to Stand in Trump Trial
▼ + stars: | 2024-05-09 | by ( Matthew Haag | ) www.nytimes.com time to read: +6 min

The woman, Stormy Daniels, answered questions from Manhattan prosecutors for several hours Tuesday before Mr. Trump’s lawyers began cross-examining her, and she will return to the stand Thursday. After that encounter, his bodyguard, Keith Schiller, told Ms. Daniels that Mr. Trump would like to have dinner with her, she said. Image Mr. Trump has denied the charges against him, and having had sex with Ms. Daniels. Mr. Trump was wearing “silk or satin” sleepwear, Ms. Daniels testified; after she cracked a joke — “Does Mr. Hefner know you stole his pajamas?” — he changed his clothes. At the time, Mr. Trump was about to secure the Republican Party’s presidential nomination.

Persons: Stormy Daniels, Donald J, Trump, Daniels, ”, Ms, Keith Schiller, Schiller, Melania, Sarah Yenesel, Michael D, Cohen, Hefner, Ivanka, T.J . Kirkpatrick, ” Mr, Susan Necheles, Necheles, Mr Organizations: Wicked Pictures, Credit, Mr, Prosecutors, Trump Organization, The New York Times, Old, Republican Locations: Manhattan, Tahoe, Nev, American

☆ Trump defends Truth Social as media company's skeptics grow, stock price whipsaws
▼ + stars: | 2024-04-04 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

Donald Trump on Thursday defended his social media platform Truth Social as a growing chorus of critics — and short sellers — view its parent company as a meme stock with a vastly overinflated share price. Trump Media has become by far the most expensive stock in the U.S. to sell short, according to data firm S3 Partners. Trump Media said it might eventually change its mind and report that data, but it also "may never collect, monitor, or report any or certain key operating metrics." Trump said his roughly 7 million followers on Truth Social is "very good for a startup, and growing fast." Truth Social saw roughly 5 million visits in February, according to an estimate by research firm Similarweb reported by the Associated Press.

Persons: Donald Trump, —, doesn't, Trump, Devin Nunes, DJT, Elon Musk Organizations: Trump, Radical Left Democrats, Trump Media & Technology Group, Trump Media, Partners, Nasdaq, Capitol, Associated Press, Facebook Locations: U.S

☆ Alex Murdaugh is scheduled to be sentenced today for nearly 2 dozen financial crimes
▼ + stars: | 2024-04-01 | by ( Dakin Andone | Dianne Gallagher | ) edition.cnn.com time to read: +5 min

CNN —A federal judge on Monday is scheduled to sentence Alex Murdaugh – the 55-year-old former attorney already serving two life sentences for the murders of his wife and son – for nearly two dozen financial crimes following his guilty plea last year, according to the US Department of Justice. Murdaugh denies the claim, and his attorneys asked the judge to disregard the government’s motion during sentencing Monday. In a filing last week, prosecutors recommended Murdaugh be sentenced to between 17.5 and almost 22 years in prison. While Murdaugh insists he is innocent of the murders, he has admitted to the financial crimes, saying he was maintaining a yearslong opioid addiction. In exchange for his guilty plea, federal prosecutors agreed to recommend Murdaugh’s sentence be served concurrently with the one imposed in South Carolina, court filings show.

Persons: Alex Murdaugh –, –, Murdaugh, Maggie, Paul –, “ ‘, ’ confiding, Van der Sloot, Natalee Holloway, ”, Richard M, Gergel Organizations: CNN, US Department of Justice, US, Office, District, FBI Locations: District of South Carolina, South Carolina, Murdaugh

☆ How Sam Bankman-Fried's ex-girlfriend and early recruit helped put the FTX founder behind bars for 25 years
▼ + stars: | 2024-03-28 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +10 min

Yuki Iwamura | Bloomberg | Getty ImagesIn sentencing FTX founder Sam Bankman-Fried to a 25-year prison sentence on Thursday, Judge Lewis Kaplan cited testimony from Caroline Ellison, an ex-girlfriend of the defendant and early recruit into his crypto enterprise. In a Google document from February 2022 shared with the Times, Ellison wrote, "I have been feeling pretty unhappy and overwhelmed with my job. The government presented a series of Signal exchanges involving Bankman-Fried, Ellison, Wang and other top execs. Zoom In Icon Arrows pointing outwards Prosecutors relied heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried. Zoom In Icon Arrows pointing outwards Prosecutors relied heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried.

Persons: Caroline Ellison, Yuki Iwamura, FTX, Sam Bankman, Judge Lewis Kaplan, Kaplan, Ellison, FTX spiraled, Damian Williams, she's, Fried, District Judge Lewis Kaplan, Jane Rosenberg, SBF Ellison, She'd, Michael Lewis, Caroline, Sam, Lewis, Nishad Singh, Gary Wang, Attorney Thane Rehn, Bankman, Binance, Sam Trabucco, Danielle Sassoon, Wang, SDNY Ellison, Um Organizations: Alameda Research, Bloomberg, Getty, Department of Justice, Manhattan U.S, U.S, District, Federal Court, Reuters, Jane, Stanford, Alameda, The New York Times, Times, Attorney, Google, Alameda's Locations: New York, Manhattan, FTX, New York City, Fried, California, Hong Kong, Bahamas, Alameda

☆ China doubles down on manufacturing, leaving real estate behind
▼ + stars: | 2024-03-08 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

China News Service | China News Service | Getty ImagesBEIJING — China revealed this week it aims to spend more than a billion dollars to bolster manufacturing and domestic tech in a bid to remain globally competitive, while divulging little new support for the struggling real estate market. Industrial support clearly ranked first on Beijing's priority list for the year ahead, according to three major plans released this week as part of China's annual parliamentary meetings. Chinese authorities in 2020 intensified a crackdown on real estate developers' high reliance on debt for growth. Within that second priority, the finance ministry said it would allocate 31.3 billion yuan for improving vocational education. The government work report presented by Premier Li Qiang gave real estate a similar level of prominence.

Persons: Frederic Neumann, Li Qiang Organizations: Seres, China News Service, Getty, Ministry of Finance, HSBC, UBS, National Development, Reform Commission Locations: Chongqing, China, BEIJING, Asia, Beijing, U.S

☆ Dumb jokes, lateness, and saying 'literally': 11 habits most likely to give hiring managers the ick
▼ + stars: | 2024-02-09 | by ( Aaron Mok | ) www.businessinsider.com time to read: +8 min

AzmanL/Getty ImagesHuman resources leaders urge job applicants to prepare questions to ask during the interview or risk being perceived poorly. Getting the recruiter's name wrong —24.4%Going into the interview without knowing who's interviewing you can rub recruiters the wrong way. Not dressing appropriately — 28.2%Wearing a questionable outfit to your job interview could make a bad impression on the recruiter. Getting the name of the company wrong — 28.4%You may be interviewing for multiple jobs at a time. Obradovic/Getty ImagesThe biggest pet peeve for hiring managers, Ringover's survey shows, is when a job candidate is late to the interview.

Persons: —, Amy Hoover, TalentZoo, Teri Hockett, sturti, CareerBuilder, fizkes, Obradovic, Tardiness Organizations: Service, What's, Getty, LinkedIn, Zapier

☆ The Art Basel party circuit is kicking off in Miami. Here are 6 must-attend events for the Wall Street set.
▼ + stars: | 2023-12-05 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +10 min

High-brow art and millionaires tend to go hand in hand, so Art Week also means some of the world's wealthiest come out to play. Ciara attends the NYLON Presents NYLON House At Miami Art Week 2022 at Strawberry Moon at Goodtime Hotel on December 02, 2022 in Miami Beach, Florida. Regardless of the events you attend, Art Basel week is a great time to mingle and do business, explained Jasmina Midzic, Typhon's director of Investor Relations. Desperate ApeWives perform at #0XGenesis presented by Marshland, Magnus and FloodFM.com at Maps Backlot during Art Basel Miami on December 01, 2021 in Miami, Florida. Erika Goldring / Getty ImagesHere are 6 Art Basel parties the Wall Street elite and wannabes alike are vying to attend.

Persons: —, There's, galas —, Ciara, Arturo Holmes, Kim Kardashian, Serena Williams, James Koutoulas, Koutoulas, Miami's, Jasmina Midzic, she'll, who've, Magnus, FloodFM.com, Erika Goldring, It's, Midzic, Alessandra Ambrosio, Alexander Tamargo, Andreas Metaxa, Metaxa, I've, Guy Gerber, Blondish, Bella Thorne, e.l.f, Mona Lisa, Rampa, Desiree, Talon, Luciano Scalioni, — Bryan Goldberg Organizations: Miami Art, Wall, Magic City, Art, Business, Strawberry, JPMorgan, UBS, Capital Management, Investor Relations, Art Basel Miami, Art Basel, Wall Street, Fund, Party, Miami, Flex, Waterfront, Digital Locations: Miami —, Art Basel, Miami Beach , Florida, Miami, Basel, Miami , Florida, South Beach, Miami Beach, Midzic, SoHo, New York, Saxony

☆ Alstom takes the direct route to lower credibility
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Gonzalo Fuentes Acquire Licensing RightsLONDON, Nov 15 (Reuters Breakingviews) - Alstom’s (ALSO.PA) problems are piling up. Alstom’s headaches, which include an inventory build-up, project delays and an order slowdown, haven’t materially changed. But to retain its investment grade credit rating the group needs to slash net debt that has jumped 50% to 3.4 billion euros since March. But as Denmark’s Orsted (ORSTED.CO) has found, the only thing investors dislike more than operational upheaval is a message that constantly changes. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Gonzalo Fuentes, Henri Poupart, Lafarge, George Hay, taints, Lisa Jucca, Oliver Taslic Organizations: Alstom, REUTERS, Reuters, Caisse, X, Thomson Locations: Saint, Ouen, Paris, France

☆ Netflix aims to 'crawl, walk, run' when it comes to video games. It's still crawling
▼ + stars: | 2023-10-23 | by ( Drew Richardson | ) www.cnbc.com time to read: +6 min

Former Electronic Arts mobile gaming executive Mike Verdu joined Netflix as vice president of game development in 2021. Getting existing subscribers to download and play mobile games is a challenge, though, Benes noted. As of September 2023, Netflix's games have been downloaded 70.5 million times, globally, according to data obtained from Apptopia. The beta rollout to limited users Canada and the U.K. included Oxenfree from Night School Studio, a Netflix game studio, and Molehew's Mining Adventure, a gem-mining arcade game. But Netflix is not looking to be a console replacement, Netflix gaming executive Verdu previously told Tech Crunch.

Persons: It's, we've, Greg Peters, Ross Benes, Mike Verdu, Joseph Staten, Benes, Netflix's, Playrix, Candy Crush, King, Peters, Sunny Dhillon, Kyber Knight, Dhillon, Verdu Organizations: Netflix, Intelligence, Electronic Arts, AAA, Night School, Street, Tech, CNBC Locations: Canada

☆ Read the secret Signal messages that could help put Sam Bankman-Fried behind bars
▼ + stars: | 2023-10-19 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +16 min

Sam Bankman-Fried appears at federal court in New York on Oct. 4, 2023, in this courtroom sketch. Zoom In Icon Arrows pointing outwards Prosecutors are relying heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried. In a direct appeal to Bankman-Fried, Singh wrote on Nov. 6, 2022, "one thing that'd seriously help me is if I didn't have debts." Zoom In Icon Arrows pointing outwards Prosecutors are relying heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried. Zoom In Icon Arrows pointing outwards Prosecutors are relying heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried.

Persons: Sam Bankman, Fried, Claudia Johnson, Caroline Ellison, Gary Wang, Nishad Singh, Ryan Salame, Damian Williams, Yuki Iwamura, Ellison, Bankman, Joe Bankman, Ramnik Arora, Ryne Miller, Constance Wang, Singh, Wang, reassurances, FTX, Changpeng Zhao, he'd, Um, Sam, Binance, Zhao, it's, Sam Trabucco, Ben Xie, Michael Lewis, Lewis, Adam Yedidia, Yedidia, chares, SDNY Singh, Gabe, Salame, Michael Sadowsky, Sadowsky, FTX's, Dawn Giel Organizations: Alameda Research, Stanford, Bloomberg, Getty, Massachusetts Institute of Technology, alameda, Prime Trust Bank Locations: New York, Alameda, Manhattan, U.S, FTX, Sequoia, Alameda's, Bahamas

☆ How this 77-year-old widow lost $661,000 in a common tech scam: 'I realized I had been defrauded of everything'
▼ + stars: | 2023-10-08 | by ( Greg Iacurci | ) www.cnbc.com time to read: +19 min

Older adults, many of whom have saved their entire careers for retirement, can have the most to lose. The Covid pandemic was a disproportionate threat to older adults, keeping Americans indoors and quickly pushing them online. Outcomes hinge on a complex web of federal and state rules that govern banking and elder financial fraud. Such "heightened procedures" to protect older adults are part of the bank's duty of care relative to older customers, the lawsuit said. Scammers had her wire funds from her PNC bank account to an account at the now-defunct Signature Bank in New York.

Persons: Marjorie Bloom, she'd, Bloom, Roth, Ester, Ester Bloom, Rebecca Keithley, —, they'd, I'm, Kathy Stokes, Keithley, General Merrick Garland, she'll, Marjorie Bloom Bloom, trekked, Mount, Kriangkrai, I've, There's, Sergio Flores, scammers —, Carla Sanchez, Adams, Sanchez, Banks, Marve Ann Alaimo, Porter Wright Morris, Arthur, Alaimo, Cryptocurrency, Scammers, scammers, it's, Patrick Wyman, Wyman, Al Drago Organizations: PNC Bank, Finance, CNBC, Federal Bureau of Investigation, PNC, FBI, Social, Department of Justice's, Vanguard Group, Federal, Consumer Finances, AARP, Microsoft, Department of Energy, Guaranty Corporation, U.S, North Dakota ., Everest Base, Social Security, North Bethesda Camera, PNC Bank —, District of Columbia, Bloomberg, Getty, National Consumer Law, Signature Bank, Asset Unit Locations: Chevy Chase , Maryland, U.S, Vietnam, Mount Everest, North Dakota, liquidating, Nepal, Marjorie Bloom Maryland, District, —, Maryland, PNC, New York, Cayman Islands, Washington ,

STOCKHOLM (AP) — The Nobel Prize in literature will be announced Thursday, with the new laureate, or laureates, joining an illustrious list of past winners that ranges from Toni Morrison to Ernest Hemingway and Jean-Paul Sartre — who turned down the prize in 1964. Ernaux was just the 17th woman among the 119 Nobel literature laureates. The literature prize has long faced criticism that it is too focused on European and North American writers, as well as too male-dominated. The Nobel Peace Prize is awarded Friday and the Nobel Memorial Prize in Economic Sciences ends the awards season on Monday. The Nobel Prizes carry a cash award of 11 million Swedish kronor ($1 million) from a bequest left by the prize’s creator, Swedish inventor Alfred Nobel.

Persons: —, Toni Morrison, Ernest Hemingway, Jean, Paul Sartre —, Annie Ernaux, Ernaux, Moungi, Louis Brus, Alexei Ekimov, Karikó, Drew Weissman, Anne L’Huillier, Pierre Agostini, Ferenc Krausz, Alfred Nobel, ___ Corder Organizations: STOCKHOLM, Swedish Academy, North, MIT, Louis Brus of Columbia University, Nanocrystals Technology Inc, COVID, Economic Sciences Locations: Normandy, France, Hungarian, French, Swedish, The Hague, Netherlands

☆ How a California hedge fund bulldozed the state's labor laws to impose some of the harshest noncompetes on Wall Street
▼ + stars: | 2023-10-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +23 min

That's partly why so few quantitative trading firms reside in California, whose labor-friendly laws have long favored employee mobility and competition. Exhibit A: The Voleon Group, a prominent quantitative-trading firm based in Berkeley, California, that manages about $5 billion in assets. The hedge fund has bulldozed past state prohibitions to not just impose noncompetes, but impose some of the harshest noncompetes in the entire industry, according to seven former employees, industry experts, and documents detailing the firm's restrictive covenants. Like so many other quant-trading firms, Voleon took care to protect its edge. Other employees Insider spoke with have a less generous view, with several describing the company as stingy — a third ex-employee bemoaned the company as "notoriously cheap" on compensation.

Persons: Kathy Hochul's, haven't, Michael Kharitonov, Jon McAuliffe, Shaw, — Kharitonov, McAuliffe, Voleon, —, Harry Lipman, Rottenberg Lipman Rich, Lipman, bemoaned, noncompetes, Martin Wainwright, Howard Aiken, Wainwright, hasn't, It's, Jessica Riggin, Rukin Hyland, Riggin, specter, James Hannaway, Sanford Heisler Sharp, Hochul, Rob Bonta, Sen, Anna Caballero, foisting, Caballero, Voleon's Organizations: New, Gov, University of California, Stanford, UC Berkeley, Wall Street, Google, Citadel, Sigma, That's, Big Tech, Darwin, MIT, Berkeley, California, Labor Locations: New York, California, Berkeley , California, University of California Berkeley, Berkeley, Voleon, Delaware, Washington ,

In its 33-page report, an independent team commissioned by NASA cautioned that the negative perception surrounding UFOs poses an obstacle to collecting data. “We want to shift the conversation about UAPs from sensationalism to science," NASA Administrator Bill Nelson said. Instead, the group relied on unclassified data in an attempt to better understand unexplained sightings in the sky. The government refers to unexplained sightings as UAPs versus UFOs. ___The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group.

Persons: UAPs, Bill Nelson, Nelson, ” Nelson, doesn't, “, ”, Dan Evans, NASA's, Scott Kelly, David Spergel Organizations: — NASA, NASA, Simons Foundation, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, “, U.S

FILE PHOTO-Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. The deal will expand BYD Electronic's (BE) (0285.HK) customer base, product portfolio and its smartphone components business as it looks to capture Jabil's potential growth in the sector. Although now best known for its electric vehicle business, BYD started out by selling electronic components. BE's major business has been selling electronic components for consumer electronics products such as smartphones and laptops. This was one of three key business segments for BYD Electronic, accounting for more than 70% of its total revenue in 2022.

Persons: Aly, BYD, Tu Le, Jabil, Kenny Wilson, Wilson, Qin Chuan, Sameer Manekar, Brenda Goh, Stephen Coates Organizations: Security, Auto, REUTERS, U.S, Jabil Inc, HK, Jabil, Hong Kong Stock Exchange, Sino Auto, Apple Inc, Citi, BE, Thomson Locations: Auto Shanghai, Shanghai, China, Singapore, Chengdu, Wuxi, Hong Kong, EVs, Nanjing, Bengaluru, Yelin Mo, Beijing

☆ BYD unit buys US firm Jabil’s China mobility business for $2.2 billion
▼ + stars: | 2023-08-28 | by ( ) edition.cnn.com time to read: +2 min

Reuters —Chinese automaker BYD said on Monday its electronics unit has struck a deal with US-based manufacturer Jabil Inc to buy its mobility business in China for 15.8 billion yuan ($2.2 billion). The deal will expand BYD Electronic’s customer base, product portfolio and its smartphone components business as it looks to capture Jabil’s potential growth in the sector. Although now best-known for its electric vehicle business, BYD started out by selling electronic components. BE’s major business has been selling electronic components for consumer electronics products such as smartphones and laptops. This was one of three key business segments for BYD Electronic, accounting for more than 70% of its total revenue in 2022.

Persons: BYD, ”, Tu Le, ” BYD, Kenny Wilson, Jabil, ” Wilson, Qin Chuan Organizations: Reuters, US, Jabil Inc, Jabil, Hong Kong Stock Exchange, Sino Locations: China, Singapore, Chengdu, Wuxi, Hong Kong, EVs, Nanjing

☆ EV maker BYD buys Jabil's China manufacturing business for $2.2 billion
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +1 min

FILE PHOTO-Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song/file photo Acquire Licensing RightsAug 28 (Reuters) - Electric vehicle maker BYD Co Ltd (002594.SZ) said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil Inc's (JBL.N) Singaporean unit to buy its product manufacturing business in China for 15.8 billion yuan ($2.17 billion). The deal will expand BYD Electronic (International) Co's (BE) customer base, product portfolio, and expand its business of smartphone components, and boost its growth as it looks to capture the potential growth in the sector. Jabil Circuit (Singapore), which manufactures printed circuit boards, established a unit this month with product manufacturing business in Chengdu and Wuxi, which will now be sold to the Chinese EV maker. ($1 = 7.2890 Chinese yuan renminbi)Reporting by Sameer Manekar in Bengaluru; Editing by Muralikumar Anantharaman and Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

Persons: Aly, Jabil, BYD, Sameer Manekar, Muralikumar Anantharaman Organizations: Security, Auto, REUTERS, BYD, U.S, Jabil Circuit, Thomson Locations: Auto Shanghai, Shanghai, China, Singapore, Chengdu, Wuxi, Bengaluru

☆ Explainer: What are West Africa's options to reverse Niger's coup?
▼ + stars: | 2023-08-04 | by ( Edward Mcallister | ) www.reuters.com time to read: +4 min

[1/4] A member of the ECOWAS regional force is seen at Denton check point in Banjul, Gambia January 22, 2017. GROUND INVASIONECOWAS has sent troops into trouble spots before, but never in Niger and rarely with the region so divided. Coup leaders in Guinea, Burkina Faso and Mali have expressed support for Niger's junta, and other countries have their own security challenges. It is not clear how big an ECOWAS force would be or what form it would take. Security analysts and diplomats have also noted apparent divisions among Niger's armed forces, who may not all be united behind the coup.

Persons: Afolabi, Mohamed Bazoum, General Abdourahamane Tiani, Djiby Sow, Bazoum, Ikemesit Effiong, Effiong, Peter Pham, Edward McAllister, David Lewis, Emelia Sithole, Alexandra Zavis, Kevin Liffey Organizations: ECOWAS, REUTERS, Economic, West African States, Security, Institute for Security Studies, SPECIAL, SBM Intelligence, Nigerien, Atlantic Council, Thomson Locations: Denton, Banjul, Gambia, DAKAR, Niger, Guinea, Burkina Faso, Mali, Ivory Coast, Dakar, Nigeria, Niamey, U.S

☆ A psychiatrist charges $700 hourly to Wall Street elites who are 'terrified of being exposed' for drug and sex addictions
▼ + stars: | 2023-07-14 | by ( Will Gendron | ) www.businessinsider.com time to read: +5 min

Among high-powered finance executives, mental health struggles and addiction can be seen as taboo. Dr. Sam Glazer specializes in this clientele, charging $700 for a 45-minute session, WSJ reported. These executives are willing to spend on Glazer's expertise, who charges $700 for a 45-minute session, the Journal reported. "I've seen a lot of people who are high functioning in the upper levels of finance who are terrified of being exposed," Glazer told the WSJ. "They are completely honest with me in my office," he told Insider.

Persons: Sam Glazer, —, Glazer, Alden Cass, Cass, It's, Today undercuts Organizations: Morning, Wall Street, NYU, Deloitte, Finance, Today

☆ Rudy Giuliani is in settlement talks with sexual abuse accuser Noelle Dunphy
▼ + stars: | 2023-07-07 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Rudy Giuliani is in talks to settle a sexual abuse lawsuit brought by Noelle Dunphy. Katz was arguing that Giuliani shouldn't be forced to pay fees for improperly trying to move Dunphy's lawsuit from Manhattan state court to federal court. The case was sent back to New York state courtIn June, Katz tried to move the case to federal court. US District Judge Edgardo Ramos sent the case back to state court during the court conference on Friday, after Katz backtracked on the move. He told Insider that he looks "forward to prosecuting this case in New York State Court where it belongs."

Persons: Rudy Giuliani, Noelle Dunphy, Dunphy, —, Giuliani's, Adam S, Katz, Giuliani shouldn't, Justin Kelton, Kelton, Giuliani, Donald Trump, Edgardo Ramos, Katz backtracked, Ramos, I'm, Judge Ramos, Joe Biden, Jack Smith, Trump, Biden Organizations: Service, New, New York City, FBI, Court, New York, Voting Systems, Trump, Justice Locations: New York, Manhattan, Florida, New, Smartmatic, Washington, Pennsylvania

☆ Mike Pence raked in $1.4 million for book divulging his pushback against Trump on January 6
▼ + stars: | 2023-06-29 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

Simon & Schuster paid him a $1.4 million advance for the book, new documents show. In the Simon & Schuster-published book, "So Help Me God," Pence vividly described how Trump tried to pressure him against certifying President Joe Biden's 2020 victory. Hillary Clinton received an $8 million advance for her memoir "Living History," about her time as First Lady. CNN previously reported that the book advance was estimated at being somewhere between $3 million to $4 million, though that reportedly included a contract to write a second book. An Insider analysis of financial disclosures found that members of Congress together raked in $1.8 million in 2020 from book advances and royalties.

Persons: Mike Pence, Simon, Schuster, Pence, —, Donald Trump, Simon & Schuster, Trump, Joe Biden's, You'll, Indiana — Pence, deferential, Hillary Clinton, GOP Sen, Tim Scott of, Sen, Elizabeth Warren of, they're Organizations: Service, Simon &, Trump, GOP, Democratic, CNN, Federal, Commission, Hoosier Heartland, Indiana Bank, Apple, Pfizer, Meta, UnitedHealth, Netflix Locations: Indiana, Tim Scott of South Carolina, Elizabeth Warren of Massachusetts

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