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☆ Mike Johnson's job is impossible thanks to disruptive Republicans like Marjorie Taylor Greene and Matt Gaetz
▼ + stars: | 2024-03-26 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTry as he might to corral the chaotic GOP caucus, Speaker of the House Mike Johnson's job as a leader is impossible with the current crop of Republicans in Congress. Johnson had only been in Congress for six years before he took the spotlight in October 2023 as the replacement for ousted Speaker Kevin McCarthy. And given how traumatizing finding a replacement for McCarthy was, Republican representatives don't seem too eager to go down that tumultuous road again any time soon. AdvertisementJoining leadership well after the House rules were established, it's difficult for him — or any other GOP speaker — to implement any changes until the next congressional session.

Persons: —, Mike Johnson's, Johnson, Kevin McCarthy, McCarthy, Matt Gaetz, Marjorie Taylor Greene, Greene Organizations: Service, GOP, Business, Republican, firebrand Republicans, Capitol, Representatives

☆ Going once, going twice: How Trump's cash and properties would be garnished and auctioned to pay his NY fraud debt
▼ + stars: | 2024-03-23 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

AG Letitia James plans to go after Trump's cash and property if he doesn't pay his civil fraud debt. Is the ball in Letitia James' court? "The burden is on Letitia James to find Trump's assets" and decide what she wants garnished or auctioned, he said. D'Orazio predicts James would first target the cash that Trump and the Trump Organization keep in New York-registered bank accounts. He would then remit $95 million to the Attorney General's Office, and that would go toward paying Trump's judgment.

Persons: Letitia James, —, padlocks, Donald Trump's, Trump, James, Bernard D'Orazio, D'Orazio, — James, Mark, we're, doesn't, It's, she'll, Arthur Engoron, Jeff Greenberg, — Trump Organizations: Service, Trump, Trump Plaza, New, Social, Trump —, GOP, AP, Trump Organization, Radio City Music Hall, Forbes, New York, Fire Locations: New York, New York City, Manhattan, New, Westchester County, Trump, Americas

☆ New York Republicans are finally ready to expel George Santos
▼ + stars: | 2023-10-11 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

GOP Rep. George Santos' fellow New Yorkers have had enough. AdvertisementAdvertisementRep. George Santos' fellow New York Republicans have had enough. The New Yorker's move against Santos is notable as they previously led the effort in May to sidestep House Democrats' push to expel Santos. "Great to hear that the New York Republican Freshmen are finally ready to expel fraudster George Santos from Congress. House Republicans are meeting behind closed doors on Wednesday with the hopes of completing the first step in finding a new leader.

Persons: George Santos, Santos, —, Anthony D'Esposito, D'Esposito, Nick LaLota, Mike Lawler, Marc Molinaro, Nick Langworthy, Brandon Williams, Robert Garcia's, Kevin McCarthy, McCarthy, fraudster George Santos, Garcia, James A, Patrick McHenry Organizations: Republican New, Service, New York Republicans, New, sidestep, Democrats, Democratic, Former, New York Republican, Congress, Republicans, Ohio Democrat, GOP, House Republicans Locations: Republican New York, Ohio

☆ Elon Musk moving servers himself shows his 'maniacal sense of urgency' at X, formerly Twitter
▼ + stars: | 2023-09-11 | by ( Walter Isaacson | ) www.cnbc.com time to read: +14 min

Musk wanted to save that money by moving the servers to one of X's other facilities, in Portland, Oregon. James Musk asked. "The dude is not very good at math," Musk told the musketeers. The lack of servers caused meltdowns, including when Musk hosted a Twitter Spaces for presidential candidate Ron DeSantis. And the Sacramento caper showed X employees that he was serious when he spoke about the need for a maniacal sense of urgency.

Persons: Walter Isaacson's, Elon Musk, Musk, you've, Tesla, Steve Davis, Omead Afshar, James Musk, James, Andrew, Austin, Elon, Alex, Alex the, jimmy, —, Ross Nordeen, enlistees, I've, Ross, pushback, Ron DeSantis, X, Walter Isaacson, Jennifer Doudna, Leonardo da Vinci, Steve Jobs, Albert Einstein, Benjamin Franklin, Henry Kissinger Organizations: Twitter, SpaceX, Cape Canaveral, Avid, Toyota Corolla, Apple, Home, NTT, Walmart, Extra Care, PayPal, Depot, CNBC, Tulane University, CNN Locations: Musk's, Sacramento, Portland , Oregon, Portland, Fremont, Texas, Cape, San Francisco, Tahoe, Elon, Austin, Las Vegas, Uzbekistan, Square, Yelp

But as it turns out, I was just not using my imagination, because this year’s Burning Man was an absolute nightmare. casey newtonA bit more of a Drowning Man than a Burning Man, I have to say. kevin rooseYeah, so as someone who’s been to Burning Man, I was fascinated by just the logistics of it all, because it is already a mess to get in and out of Burning Man. kevin rooseSo you are, in addition to a Burning Man escapee this year, you’ve been actually going to Burning Man for a long time. When I say I don’t know what happened, I don’t know what happened to prompt the things that were being directed at us.

Persons: casey newton, kevin roose, I’ve, KEVIN, casey newton It’s, you’ve, it’s, I’ll, casey newton What’s, kevin roose Bluetooth, Kevin Roose, ” casey newton, Casey Newton, Jonathan Greenblatt, Elon, Kevin, casey newton Oh, casey newton You, “ shay, denfreude, kevin roose Schadenfreude, shay, who’s, It’s — casey newton, casey newton That’s, Smart, casey newton Ugh, kevin roose —, casey newton Right, — casey newton, kevin roose What’s, casey newton Sure, ” casey newton Never, Adrian Aoun, He’s, ” adrian aoun, adrian aoun, Larry Page, Adrian, I’m, casey newton Amen, here’s, you’d, we’ve, you’re, Larry, roose, Max, Harry Potter, adrian aoun I’m, they’re, adrian aoun —, —, Rice Krispie, kevin roose Wow, let’s, adrian aoun Oh, adrian aoun She’s, She’s —, We’re, wrenches, hitchhike, I, Gerlach, kevin roose She’s, Y, It’s, They’re, — you’re, casey newton We’re, it’s Elon Musk, Elon Musk, Mark Zuckerberg, Donald Trump, West, kevin roose It’s, Casey, casey newton Well, Linda Yaccarino, Jonathan, kevin roose Jonathan, ” jonathan greenblatt, jonathan greenblatt, CHUCKLES, I’d, Linda, kevin roose You, Nick Fuentes, haven’t, Kevin —, that’s, what’s, we’re, casey newton I’ve, jonathan greenblatt I’m, We’ve, — what’s, Here’s, That’s, John, “, ”, CASEY, kevin roose Totally, Hank Green, Hank, ” Hank, hank, It’s Hank, Ben Shapiro, kevin roose Hank, Diana Dionisio, Diana, Snapchat, Jay Hepler, Jay, ” Casey, don’t, casey newton Really, casey newton I’m, Holly Godfrey, Holly, Kevin Scott, Kevin Scott’s, Bing, Rachel Cohn, Jen Poyant, Caitlin Love, Chris Wood, Dan Powell, Elisheba Ittoop, Marion Lozano, Paula Szuchman, Tam, Nell Gallogly, Kate LoPresti, Jeffrey Miranda, CASEY CHUCKLES Organizations: The New York Times, Defamation League, porta, Electric, Google, Labs, Black Rock, casey newton Fair, Burning, Reno, Defamation, Elon, Labor, Twitter, Center, ADL, Nazi, Anti, Twitter’s Trust, Safety, OG, YouTube, Cato Institute, US, Microsoft, Kevins, Davis Locations: Nevada, La Habra , California, Spanish, East, Iraq, Coachella, Bay, Solano County, Toronto, San Francisco, Silicon Valley, Hogwarts, playa, Haiti, Dunkirk, ”, Gerlach, LA, New York, Reno, it’s Reno, America, Florida, chemo, Tokyo, That’s, hardfork@nytimes.com

☆ The strengths and weaknesses of the Georgia election meddling case against Trump and his allies
▼ + stars: | 2023-08-16 | by ( Tierney Sneed | ) edition.cnn.com time to read: +10 min

“It’s a type of criminal liability that you can get in trouble for things that other people do,” said Ashleigh Merchant, a Georgia criminal defense attorney with experience in RICO cases. And she’ll be navigating around a federal prosecution of Trump for his 2020 election reversal schemes that has taken a much narrower approach. Here are the strengths and weaknesses of Willis’ strategy:Georgia’s sweeping RICO lawGeorgia’s version of a RICO law – which stands for Racketeer Influenced and Corrupt Organizations Act – is broader than the federal counterpart. Additionally, there is not much appellate case law around the state’s RICO statute, criminal defense attorneys in Georgia told CNN. There stands to be a significant overlap in evidence – including with testimony from some of the same witnesses – in the federal and Georgia cases.

Persons: Donald Trump, Fani Willis –, “, ”, Ashleigh Merchant, CNN Willis, Trump, Willis, Racketeer, Sandy Wallack, that’s, Trump's, Andrew Fleischman, Willis ’, ” Fleischman, Feedback Giuliani, he's, Mark Meadows, Steve Vladeck, Scott McAfee, –, ” Merchant, Jack Smith, Jack Smith’s, Smith, Trump’s, Clark Cunningham, ” Cunningham, It’s Organizations: CNN, Trump, Trump White House, state’s, Georgia, White House, CNN Supreme, University of Texas School of Law, Appeals, Georgia State University Locations: Fulton County, Atlanta, Georgia, Coffee County

Qaem-5 precision-guided munition, documented by Conflict Armament Research in Ukraine. Shahed-131 UAV documented by Conflict Armament Research in Ukraine. Circuit boards of four different items of Russian military equipment found in Ukraine by Conflict Armament Research investigators. Electronic components documented by Conflict Armament Research investigators in Ukraine. Source: Conflict Armament Research

☆ Western forces are raiding gunrunners at sea and throwing wrenches into Iran's plans
▼ + stars: | 2023-02-11 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

CENTCOM said this month that it supported "partner naval forces" during a January raid in the Gulf of Oman. U.S. naval forces seized 2,116 AK-47 assault rifles from a fishing vessel transiting along a maritime route from Iran to Yemen. UK naval forces also seized surface-to-air missiles and cruise-missile rocket engines that came from Iran. U.S. naval forces seized 2,116 AK-47 assault rifles from a fishing vessel transiting along a maritime route from Iran to Yemen. It remains to be seen whether the increase in raids will actually impact Iran's regional influence over the long-term.

The Wall Street Journal is urging Phoenix police to investigate after one of its Black reporters was handcuffed and detained while working on an assignment on the city’s north side. On Nov. 23, Dion Rabouin, who covers finance for the Wall Street Journal, was detained in a police car while conducting interviews outside a Chase Bank. “We’re deeply concerned that Wall Street Journal reporter Dion Rabouin was detained, handcuffed and placed in the back of a police vehicle while reporting,” a Journal spokesperson said in a statement. I’m a reporter for The Wall Street Journal. A Phoenix Police Department spokesperson told NBC News that bank personnel called the police after customers complained Rabouin was approaching them and asking personal questions.

☆ See the pitch deck a startup used to raise $4 million to buy, sell, and manage short-term-rental properties
▼ + stars: | 2022-12-27 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +3 min

Investors love short-term rentals, but they face pitfalls with property management and regulation. Rove, a marketplace and property-management startup, helps investors underwrite short-term rentals. Jonah Hanig, the CEO of Rove, walked Insider through the pitch deck Rove used to raise $4 million. "In Park City, Utah, there are roughly 500 properties for sale, but only approximately 100 are in areas where you can use them as short-term rentals," Hanig told Insider. The ultimate goal is to create "Zillow" for short-term rentals with the added feature of underwritng and valuing properties based on their potential incomes.

☆ Inside the week that changed Facebook forever: Record Meta layoffs have sowed confusion and rising anger among employees who are beginning to lash out at CEO Mark Zuckerberg.
▼ + stars: | 2022-11-12 | by ( Kali Hays | Rob Price | Sydney Bradley | ) www.businessinsider.com time to read: +12 min

Meta let go of 11,000 employees, and it's not clear which divisions and roles were most affected. After a harrowing week of record layoffs at Meta, CEO Mark Zuckerberg and other executives convened a town hall meeting on Friday for everyone who survived the cull. During the Q&A part of the call, an employee asked a question referring to Twitter's job cuts, and Zuckerberg weighed in, according to people who attended. Roughly 11,000 staff were let go, the first major job cuts in the company's 18-year history. Analysts at Jefferies called it a "Zuck U-Turn" in a research note to clients, saying the job cuts will boost profits while not impacting Meta's growth trajectory.

☆ Mark Zuckerberg's giant middle finger to Wall Street backfired for Meta. Welcome to the 'biggest two week pivot' analysts have ever seen.
▼ + stars: | 2022-11-09 | by ( Alistair Barr | ) www.businessinsider.com time to read: +4 min

The move went stunningly wrong, crushing the shares of Facebook parent company Meta. What really surprised Wall Street were the other steps Zuckerberg is taking:Meta extended its hiring freeze through the first quarter of 2023. This one by Zuckerberg ranks at or near the top, with the analyst calling it "the biggest two week pivot we've ever seen." For Zuckerberg, Meta and even Silicon Valley, this is another sign that the eras of abundance and founder-friendly investing are ending. For Wall Street, this all came about two weeks too late.

☆ Long waiting lists, long drives and costly care hinder many kids’ access to mental health care
▼ + stars: | 2022-10-06 | by ( Brenda Goodman | ) edition.cnn.com time to read: +12 min

Nearly half of those parents, 47%, say the pandemic has negatively affected their kids’ mental health, with 17% saying it had a major negative impact. Mental health providers who specialize in care for kids are concentrated in urban areas but missing from rural communities. One, TeamUp for Children, has placed full-time mental health providers in seven federally qualified health centers around the Boston area. She says this model – integrating mental health services into primary care – is being copied to varying degrees in pilot projects across the country. The KFF CNN Mental Health Survey was conducted by SSRS from July 28 through August 9 among a random national sample of 2,004 adults.

☆ There's a new version of Google Glass, and it's been secretly used by hundreds of factory workers for the last two years
▼ + stars: | 2017-07-18 | by ( Becky Peterson | ) www.businessinsider.com time to read: +3 min

You may have thought Google Glass was dead, but the search giant has quietly resurrected its once-controversial smart glasses. The new Google Glass Enterprise Edition is designed with factory workers in mind. The new Google Glass Enterprise Edition has a removable "Glass Pod" which can be used with safety glasses. Related storiesThe new version of Google Glass has several improvements over the original Explorer Edition, which Google made available to consumers in 2013. Google has worked with developers to make enterprise software for the previous version of the glasses through the Glass at Work program.

Persons: Glass, Steven Levy, Levy, it’s Organizations: GE, Boeing, DHL, Volkswagen, Google, Business, Enterprise Locations: Jackson , Minnesota

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