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Opinion | Joe Biden Issues a Stinging Dissent
  + stars: | 2024-08-02 | by ( Jamelle Bouie | ) www.nytimes.com   time to read: +1 min
The Supreme Court is caught in a crisis of its own making. There is the gross corruption of Justice Clarence Thomas and Justice Samuel Alito, who have received millions of dollars in gifts and benefits from various billionaire benefactors. There is the court’s open assault on the basic rights of tens of millions of Americans, exemplified in its decision to overturn the constitutional right to an abortion on the basis of a vague and inconsistent standard of “text, history and tradition.”And there is the hubris of Chief Justice Roberts, who, the legal scholar Eric J. Segall writes, has “led the court to coerce both state and federal governments to abide by his personal preferences, whether or not positive legal sources supported those decisions and at times even when prior law quite clearly did not justify the chief’s opinions and votes.”It is a testament to Roberts’s skill as a politician that he is often viewed as a modest and moderate judicial institutionalist when, in fact, he has used his position on the court to spearhead a remarkable campaign of judicial activism. In cases like Shelby County v. Holder in 2013 or the more recent West Virginia v. EPA, Roberts all but deployed novel constitutional doctrines (“equal state sovereignty” and the “major questions doctrine”) to achieve his preferred results. In just the last term, the Roberts court has rewritten the 14th Amendment to keep Donald Trump on the presidential ballot as well as radically expanded presidential power in direct contravention of the history, text and structure of the Constitution.
Persons: Clarence Thomas, Samuel Alito, Justice Roberts, Eric J, Segall, Holder, Roberts, Donald Trump Organizations: EPA Locations: Shelby, West Virginia
The U.S. Department of Justice is investigating complaints that Nvidia allegedly abused its market dominance in artificial intelligence chips, The Information reported. The DOJ has reached out to Nvidia's competitors such as AMD to gather information about the complaints, according to the report published on Thursday. Investigators are looking at whether Nvidia charges its customers higher prices for products if that customer wants to buy AI chips from rivals such as AMD, the report said. The DOJ is also looking at whether Nvidia has pressured customers to buy additional products such as cables that connect servers together, The Information reported. Nvidia and the DOJ were not immediately available for comment when contacted by CNBC.
Organizations: U.S . Department of Justice, Nvidia, DOJ, AMD, CNBC
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewEven Nvidia, which appears untouchable in 2024, may not be immune to the government's sweeping crackdown on the Magnificent Seven. They have received complaints from competitors that Nvidia abused its dominance and pressured cloud providers to buy multiple Nvidia products, The Information reported on Thursday. Nvidia did not immediately respond to Business Insider's request for comment sent outside regular business hours. The DOJ's focus on Nvidia follows a series of other recent government investigations into Big Tech.
Persons: , prem, Biden Organizations: Service, Department, Politico, Nvidia, Business, Reuters, Big Tech, FTC, DOJ, Apple, Amazon, Activision Blizzard
Eleven years ago, in 2013, Holder said that Mohammed and his associates would have been “on death row as we speak” had the case gone to federal court as he proposed. But he blamed Congress for blocking a federal trial that would have resulted in swifter justice. They were dealt a bad hand by the political hacks and those who lost faith in our justice system,” Holder said in a statement to NBC News on Thursday. “If my decision to try KSM and his confederates in the tested and effective federal court system had been followed they would be nothing more than a memory today,” Holder said. Sen. Richard Blumenthal, D-Conn., said he’s “long advocated that our federal court system is perfectly capable of conducting this kind of trial” and was well-suited to handling serious crimes.
Persons: Eric Holder, , Holder, ” Khalid Sheikh Mohammed, Walid Muhammad Salih Mubarak Bin ‘ Attash, Mustafa Ahmed Adam al, General Holder, Mohammed, ” Holder, KSM, , ” Eric Holder, Chip Somodevilla, Rudy Giuliani —, Donald Trump’s, , Giuliani, Tsarnaev, William Barr, Trump, George H.W, George H.W . Bush, hadn’t, ” Barr, he’d, he’s, Barr, Alexanda Amon Kotey, Joe Biden’s, Mitch McConnell, McConnell, Sen, Chris Coons, doesn’t, ” Coons, Richard Blumenthal, Conn, “ I’ve, ” Sen, Chris Van Hollen, Biden, Thom Tillis, I’m, ” Tillis, Barack Obama, Hillary Clinton Organizations: WASHINGTON, Guantanamo, Pentagon, CIA, NBC, New York City, Prisons, Boston Marathon, Rockies, Republican, Trump, Justice Department, Islamic State, White, NBC News, House Locations: United States, Guantanamo, Manhattan, Guantanamo Bay, Cuba, America, Pakistan, Caribbean, ADMAX Florence, Colorado, , George H.W ., ADMAX, Florence, Ky
The Guardian said Brown wrote to police after documents that were recently made public during civil court proceedings reportedly showed Lewis met with detectives in 2011. After he was hired by the Post, Lewis also tried to kill a story about his alleged involvement in the phone hacking scandal coverup, offering an NPR reporter an interview in exchange for squashing the forthcoming article. In May, Brown wrote to the Metropolitan Police and said he was told that the “Met’s special inquiry team” would look into it. The security threats were believed to be genuine and were not devised as part of an alleged ‘cover-up’ and there is no evidence to show that is the case,” the News UK spokesperson said. The allegations swirling around Lewis have roiled The Washington Post newsroom in recent months.
Persons: Will Lewis, Rupert Murdoch’s, Gordon Brown, Lewis, Brown, Tom Watson, Rebekah Brooks, ” Brown, Prince Harry, Murdoch, , Mr Brown, , Brooks, ” “, Carlotta Cardana, Robert Winnett, Jeff Bezos Organizations: New, New York CNN, London, Washington Post, Guardian, Metropolitan Police, Murdoch’s News, Washington, Post, CNN, News, IT, MPS, Bloomberg, Getty Locations: New York, London
CNN —Venezuelan opposition leader Maria Corina Machado says she’s in hiding, fears for her life, and can prove President Nicolas Maduro did not win Sunday’s contentious presidential election. “I am writing this from hiding, fearing for my life, my freedom,” Machado wrote in an opinion editorial published Thursday by The Wall Street Journal. Though the country’s Public Ministry later clarified that no arrest warrant had been issued for either opposition figure. The United States is among numerous countries that have called on Venezuelan electoral officials to publish detailed results from Sunday’s presidential election. I call on those who reject authoritarianism and support democracy to join the Venezuelan people in our noble cause,” she said.
Persons: Maria Corina Machado, she’s, Nicolas Maduro, , ” Machado, Machado, Jorge Rodriguez, Edmundo Gonzalez, Maduro, , , Nicolas Maduro's, Carlos Landaeta, Edmundo González, Maduro didn’t, Federico Parra, Celso Amorim Organizations: CNN, Wall Street, Venezuela’s National, Public, Carter, Venezuelan, Puerto La Cruz, Getty, Electoral Council, CNE, Argentine Embassy, Human Rights Watch, Local, Foro Penal Locations: Venezuelan, Venezuela’s, Venezuela, United States, Puerto La, Anzoategui, AFP, Argentine, Miraflores, Caracas
Among those headed back to Russia are convicted hackers and several Russian nationals detained in the West for spying. And the biggest prize for Russia was the return of Vadim Krasikov, a convicted hitman whose release had been publicly sought by Russian President Vladimir Putin. Anna Chapman, one of 10 Russian sleeper agents deported from the US in a 2010 prisoner swap, was also feted on her return to Russia. Britain blamed the poisoning on Russia; Russia has consistently denied involvement, although Putin referred to Skripal as a “scumbag” and a “traitor,” his contempt suggesting that Skripal had gotten his just desserts. The release of Russians in the swap means that Russia’s political climate is no less repressive.
Persons: Evan Gershkovich, Paul Whelan, Alsu Kurmasheva, Vladimir Kara, John le, Vadim Krasikov, Vladimir Putin, Krasikov, Zelimkhan, Tucker Carlson, Putin, Khangoshvili, ” Krasikov, Viktor Bout, Brittney, US Department of Justice –, Bout, Anna Chapman, Chapman, , Sergei Skripal, Skripal, Yulia, Novichok, Frank Augstein, Alexander Litvinenko, Litvinenko, Andrei Lugovoi, Dmitri Kovtun –, Lugovoi, Alexey Navalny, Navalny, Roman Abramovich, Hillary Clinton, Murza –, , Alexandra Skochilenko Organizations: CNN, Wall Street, Russia, Berlin Police, US Department of Justice, Hollywood, St ., Economic, Russian, Kremlin, European, of Human Rights Locations: American, Ukraine, Russia, Chechen, Berlin, Russian, St, St . Petersburg, United Kingdom, English, Salisbury, Britain, England, British, Moscow, Washington, United States
AdvertisementYet when and how ICE agents use deadly force has long been shrouded in secrecy. ICE agents shot people in public places, such as traffic intersections and strip-mall parking lots. Yet in over half of the shootings we identified, ICE agents never made an arrest. But Ramos still became one of dozens of people on the receiving end of an ICE agent's deadly force. A significant number of the shootings documented in the logs happened while ICE agents were off-duty or in plain clothes.
Persons: Nemesia Martinez, wouldn't, Martinez, Gabino Ramos Hernandez, Ramos, Ramos wasn't, Soledad Ramos Hernandez, Ramos's, Soledad, Timothy Ivy, Donald Trump, We've, Ramos —, Chuck Wexler, haven't, Genia, Miguel Alvarez, Alvarez, Jake Driskell, Driskell, Phillip Causey, Causey, Laurel Police Department Ramos, gurney, Mario Bass, Bass, Prince William, Bryan Cox, Bradley Epley, Epley, Rueben Coray, Hector Santana, Santana, who'd, Othello Jones, Jones, Johnathan Liddell, Douglas, Ryan Leonard, Joe Biden, García Ramos, it's, they're, he'd, Leo Clemons, Doctors, Clemons, Ramos moans, wasn't, Bailey C, Martin, Prince William County, HSI, Chris Baroni, Ronaldo Gonzalez, Gonzalez, Baroni, Jerry Robinette, General, OPR, Gretta Goodwin, Robinette, doesn't, Goodwin, Tommy Cox, Donald Trump's, reining, Jennifer Chacón, Biden, Timothy Cerniglia, Cerniglia, Hernandez's, hasn't, Business Insider Ramos, He's, Loevy Organizations: Investigations, Business, Customs, Laurel, Facebook, ICE, Immigration, Homeland Security Investigations, New York City Police Department, Los Angeles Police Department, Department of Homeland Security, Police, Research, New, Immigrant Defense, DHS, Border Patrol, Laurel Police Department, Mississippi Bureau of Investigation, Nissan, Ramos, FBI, Justice Department, Denver, Phoenix, Border Protection, Maricopa County Attorney's Office, General's, Department of Justice, Force, Ohio State University Moritz College of Law, Mississippi Bureau of, MBI, Laurel Police, NBC, Sheriff's, ICE's Homeland Security Investigations, Scottsdale police, Howard Center, Investigative Journalism, Arizona State University, Attorney's, Federal Homeland Policy, Maricopa County DA, Firearms, ICE's, Homeland Security, Justice, DHS's Office, Army, Center, New American Security, Congress, Stanford Law School, Ohio State Law, Trump, White, GAO, Service, Biden's, Ohio State, Business Insider, Fund, Journalism Locations: Jackson, Laurel, Laurel , Mississippi, Woodbridge , Virginia, New York, Puebla, Mexico, Mississippi, United States, Arizona, Phoenix, Dumfries , Virginia, Nashville, Denver, arm's, Maricopa, Mesa , Arizona, Maricopa County, Lithia Springs , Georgia, Soledad, Metairie , Louisiana, Jefferson, Virginia, Scottsdale , Arizona, Scottsdale, Chula Vista , California, Washington , DC, Africa, New American, Oaxaca
The German court that convicted Krasikov in 2021 said he acted on behalf of the Russian state, shooting Khangoshvili “execution style” in broad daylight. Vadim Konoshchenok, 48An undated photo of Vadim Konoshchenok included in a 2022 court document. He was arrested in February 2022, according to the Polish state news agency PAP. Lilia Chanysheva, 42Lilia Chanysheva stands is seen during a hearing at the Kirovskiy District Court in Ufa, Russia, on June 14, 2023. He was sentenced to four years in a penal colony in July 2022, according to Amnesty International.
Persons: Evan Gershkovich, Paul Whelan, Vadim Krasikov, Vadim Krasikov Berlin Police Krasikov, Krasikov, Zelimkhan, Khangoshvili, Ramzan Kadyrov, Putin, Viktor Bout, Whelan, Brittney, Biden, Alexey Navalny, Vadim Konoshchenok, Konoshchenok, Vladislav Klyushin, Klyushin, Roman Seleznev, US Department of Justice Roman Seleznev, Seleznev, Artem Dultsev, Ludvig Gish, Anna Dultseva, Dultsev, Maria Rosa Mayer Munos, Mikhail Mikushin, Pavel Rubtsov, Pablo Gonzalez, Oihana Goiriena, Vincent West, Pablo Gonzales, Natalia Kolesnikova, Kirill Kudryavtsev, US Marine Whelan, Gershkovich, Alsu Kurmasheva, Liberty Alsu Kurmasheva, Alexey Nasyrov, Kurmasheva, Vladimir Kara, Murza, Kara, Vladimir Putin’s “, , Rico Krieger, Krieger, Alexander Lukashenko, Kevin Lik, Lick, Dieter, Voronin, Ivan Safronov, Roscosmos, Demuri Voronin, Safronov, Herman Moyzhes, Moyzhes, Patrick Schoebel, Schoebel, Ilya Yashin, Yuri Kochetkov, ” Alexandra Skochilenko, Alexandra Skochilenko, Anton Vaganov, Skochilenko, , ” Oleg Orlov, Oleg Orlov, Lilia Chanysheva, Chanysheva, Ksenia Fadeeva, Maxim Shemetov, Fadeeva, Vadim Ostanin, Alexei Navalny’s, Ostanin, Andrei Pivovarov, Pivovarov Organizations: CNN, Vadim Krasikov Berlin Police, Chechen, Russian, Krasikov, US Department of Justice, US, Office, Eastern, of, Attorney's, University of Tromsø, Reuters, Court, Getty, Street, US Marine, US State Department, Radio Free, Liberty, AP, Belarusian TV, Belteleradio, Human Rights, German Red Cross, TASS, German Federal Intelligence Service, Pulkovo, Ukraine, Amnesty International Locations: American, Russia, Moscow, Berlin’s Kleiner, Russian, Georgia, Estonia, of New York, Boston, Sion , Switzerland, United States, Maldives, Slovenia, Ljubljana, Norway, Brazilian, Nabarniz, Spain, Poland, Spanish, Sverdlovsk, AFP, Irish, Radio Free Europe, Kazan, Yekaterinburg, Ukraine, United Kingdom, Belarusian, German, Belarus, Berlin, Germany, Europe, St . Petersburg, St, Petersburg, Meshansky, Bucha, Kyiv, Saint Petersburg, Kirovskiy, Ufa, Bashkortostan, Tomsk, Krasnodar
With just under 100 days until Election Day, several small-cap and midcap names could get a huge boost if former President Donald Trump wins, according to Jefferies. This could mean a boost for companies, especially smaller ones, as deregulation would reduce costs involved with compliance. Here are some "smidcap" stocks that the firm sees as poised for a lift from a second Trump term: Live Nation shares could stand to get a boost from a Trump win. The stock is up more than 6% over the past three months, and Jefferies sees more room for the stock to run. Jefferies sees even more upside for SoFi Technologies , which also made the list.
Persons: Donald Trump, Jefferies, Trump, Russell, Taylor Swift's Organizations: Trump, U.S . Department of Justice, DOJ, Republican, Technologies
Read the Letter to Sullivan & Cromwell
  + stars: | 2024-07-30 | by ( ) www.nytimes.com   time to read: +3 min
A Sullivan & Cromwell Committee? Sullivan & Cromwell should applaud students for exhibiting the courage and sense of justice required to protest Israel's merciless, industrial-scale killings, bombardments, and starvation of hundreds of thousands of totally vulnerable Palestinian infants, children, women, and men with no responsibility for October 7. Does Sullivan & Cromwell prefer lawyers with hearts of stone who subordinate justice to greater anticipated profits, certain demanding clients, and billable hours? Would any of their applications to join your firm Sullivan & Cromwell be rejected for protesting the mass slaughter and starvation of the civilian population in Gaza, most of them women and children? How does Sullivan & Cromwell answer the recent reflections of two surgeons in Gaza during its annihilation by the IDF with United States weapons?
Persons: Sullivan, Cromwell, Biden, Netanyahu, King George III, I've, Feroze Organizations: Cromwell, Hollywood, Sullivan, Foreign Assistance, Control, West Bank, New York Times, U.S, Congress, Independence, International Court of Justice, United Locations: Israel, United States, Gaza
Read previewJoe Biden's pitch to reform the Supreme Court is off to a rough start. House Speaker Mike Johnson has already sworn to fight the Biden administration's proposal to rein in the Supreme Court, calling it "dead on arrival." The GOP has largely supported the Supreme Court's conservative majority, and has rebuked Democrats' attempts to limit its power. Term limits and a new code of conductBiden's plan for the Supreme Court includes term limits that would mean a new justice was chosen every two years. With powerful Republicans like Johnson already pushing back, getting all three of Biden's proposals implemented in the Supreme Court looks like a losing battle.
Persons: , Joe, Mike Johnson, Biden, Joe Biden's, Donald Trump, Clarence Thomas, Samuel Alito, Thomas, Trump, Johnson, Biden's, Harris, Republican trifectas, Democratic trifectas, Kamala Harris Organizations: Service, House, Business, Trump, GOP, Supreme, Biden, Harris Administration, Republican, Democratic, The Washington Post Locations: New York
The reforms, which will face heavy resistance, are meant to “restore trust and accountability when it comes to the presidency and the United States Supreme Court,” the White House official said. CNN reported this month that Biden was seriously considering endorsing major Supreme Court reforms, actions that liberal lawmakers and groups have been pushing in recent years. The group submitted its report to the White House in late 2021, but the administration did not pursue any of the ideas discussed in the document. The debate over proposed structural changes at the Supreme Court has become deeply partisan, with Republicans widely opposed. He has described the Supreme Court as “out of kilter” and has warned of the impact a second Trump presidency could have on the nation’s highest court.
Persons: Joe Biden, Donald Trump –, Biden, , Samuel Alito, Alito, Elena Kagan, Roe, Wade –, Kamala Harris, Trump, Lyndon B, Johnson, MJ Lee, Devan Cole Organizations: CNN, White House, Supreme, Civil, Democrats, Senate, United States Supreme, White, Trump, Liberal, Marquette Law School, Democratic, Committee Locations: Austin , Texas
That will be the case in this jam-packed week , with the earnings from Microsoft on Tuesday, Meta Platforms on Wednesday, and Apple and Amazon on Thursday. If Alphabet said it cut back on data-center spending, then it would be alleged the company is falling behind Amazon and Microsoft in the AI race. The company also is now dogged by another competitor in search engines after ChatGPT creator OpenAI announced a prototype of SearchGPT . Apple reports on Thursday, and if you think the cloud-computing heavyweights are spending on too much AI, then you should be buying Apple. President Joe Biden always chose to have his agencies wear down tech companies.
Persons: Don Forst, There's, hadn't, OpenAI, Tesla, Elon Musk, , Russell, Mark Zuckerberg, Nvidia's Jensen Huang, It's, Zuckerberg, EssilorLuxottica —, EssilorLuxottica, Andy Jassy, Stanley Black, Decker, it's, Kamala Harris, Tony West, Joe Biden, Harris, Biden, Biden couldn't, Gina Raimondo, Raimondo, Donald Trump, Sen, JD Vance, Vance, Trump, Xi Jinping's, Abbott, Jim Cramer's, ABT, Jim Cramer, Jim, Sebastien Bozon Organizations: Los Angeles Herald Examiner, Microsoft, Apple, Google, YouTube, Amazon, Nvidia, Siggraph, Federal Reserve, Mohawk Industries, Fortune Brands, Club, Democratic, Uber Technologies, titans, Department of Justice, Federal Trade Commission, Department of Commerce, Republican, Big Tech, Republican Party, Trump, Abbott Laboratories, Drug Administration, CNBC, AFP, Getty Locations: Los Angeles, Denver, Ray, California, U.S, Ohio, Taiwan, St, Louis , Missouri
Since Harris kicked off her presidential campaign, there’s been a string of good news for the US economy. Harris will have Biden’s mostly strong economy to run on. By June 2021, Biden’s sixth month in office, the nation’s inflation rate jumped to more than 5%. After the Federal Reserve hiked interest rate hikes to a 23-year high to stamp out inflation, the economy — eventually — started to run at a slower pace. The Biden administration canceled $168 billion in student loan debt for 4.8 million Americans.
Persons: Joe Biden, Biden, Kamala Harris, Harris, there’s, Biden’s, , hasn’t, Evan Vucci, Eros Hoagland, Getty, Lina Khan, Jonathan Kanter, Stocks Organizations: CNN, White House, House, Federal, Trump, Biden, Federal Reserve, Gross, Commerce Department, of Labor Statistics, Infrastructure Investment, Jobs, AFL, National Labor Relations Board, United Auto Workers, Union, AP Relief, American, ARPA, Medicare, University of North, Hill, Apple, Google, Federal Trade Commission, Department, FTC, Activision, Big Tech, Justice Department, Fed Locations: Ukraine, Van Buren Township , Michigan, University of North Carolina, America, Valley, Silicon Valley
CNN —Federal agents arrested two Mexican alleged cartel bosses on Thursday, including Joaquin Guzmán López, the son of infamous cartel boss Joaquin “El Chapo” Guzman, in one of the biggest victories for US law enforcement in recent years. Zambada is a co-founder of the Sinaloa cartel. He faces charges in the US for conspiracy to import and distribute drugs, along with his brother Joaquín Guzmán López. Ismael “El Mayo” Zambada and Joaquín Guzmán López (July 2024)Ismael “El Mayo” Zambada was arrested on Thursday, July 25, 2024, in El Paso, Texas, alongside Joaquín Guzmán López, 38, son of El Chapo. Zambada is considered by US authorities to be the current leader of the Sinaloa cartel.
Persons: Joaquin Guzmán López, Joaquin “ El Chapo ” Guzman, Ismael “ El, Zambada, “ ‘, Guzmán López, , General Merrick Garland, Antonio Yépez Ortiz, El, Antonio Yépez, “ El Marro ”, José Antonio Yépez Ortiz, Alfonso Durazo, , Marro ”, Yépez, Rafael Caro Quintero, Rafael Caro Quintero AP Rafael Caro Quintero, Caro Quintero, Miguel Ángel Félix Gallardo, Enrique “ Kiki ” Camarena, Ovidio Guzmán López, Ratón ”, “ El, Guzmán, Joaquín Guzmán, Andrés Manuel López Obrador, Néstor Isidro Pérez, Administration Néstor Isidro Pérez “, Nini ”, Néstor Isidro Pérez Salas, Pérez, Ismael “ El Mayo ” Zambada Organizations: CNN, Investigators, Ismael “ El Mayo ” Zambada, “ ‘ El Mayo ’, Sinaloa Cartel, Department of Justice, Lima Cartel, State Attorney, Rafael Caro Quintero AP, Mexican Navy, US State Department, US Department of, Treasury, US Department of Justice, United States Drug, Administration, District of Columbia, of, Ismael “ El Mayo ”, ” Authorities Locations: Sinaloa, El Paso , Texas, “ ‘ El, United States, Santa Rosa, Lima, Guanajuato, Lima Cartel, Guadalajara, Mexico, Culiacán, District, Southern, of New York, New York
If you ask Zaslav, though, the reason Roberts and other potential buyers of media assets aren't interested is because the government has scared them away. Or, perhaps, legacy media companies are simply undesirable assets to own. He extended the life of his previous company, Discovery Communications — and probably his own tenure running a media company — by merging it with AT&T's WarnerMedia in 2022. Without a deal, Discovery would have wallowed as a subscale content provider and owner of declining cable networks. Discovery with another legacy media company, such as Paramount Global , Fox or Disney , or NBCUniversal, if it were spun off from Comcast.
Persons: David Zaslav, David Grogan, Brian Roberts, " Roberts, Comcast's, Roberts, Zaslav, Shari Redstone, Rob Kindler, Paul, Weiss, they've, Kindler, haven't, Morgan Stanley's, Donald Trump's, There's, Joe Biden's, Simon, Simon & Schuster, JD Vance, Lina Khan's, Lina Khan, Biden, Vance, Kamala Harris Organizations: Allen & Company Sun Valley Conference, CNBC Comcast, Warner Bros, Discovery, Allen & Co, Sun, Paramount, Skydance Media, CNBC Redstone, Starz, AMC Networks, Vice Media, Discovery Communications, NBA, Apple, Paramount Global, Fox, Disney, Comcast, CNBC, Google, Scripps Networks Interactive, Time Warner, Scripps, Viacom, CBS, Sky, AMC, IFC, Sundance, Lionsgate, Media, Republican, Democratic, Donald Trump's Department of Justice, Simon &, Random, MGM, Federal Trade, & $ Locations: Sun Valley , Idaho, RemedyFest
CNN —Ex-FBI officials Peter Strzok and Lisa Page reached settlements with the Justice Department that will see the government paying out a total of $2 million in their lawsuits over the department’s 2018 release of their text messages. Former agent Strzok will get $1.2 million and Page, who was an FBI lawyer, will get $800,000, according to settlement agreements obtained by CNN. The Justice Department declined to comment on the matter. Page, who had also briefly served on Mueller’s team, resigned from her role as a lawyer for the FBI after the messages were discovered. The release of the messages became political fodder for Donald Trump to oppose the Russia investigation during his presidency.
Persons: CNN —, Peter Strzok, Lisa Page, Strzok, Page, Donald Trump, ” Page, Robert Mueller’s, Trump, Pete, , Aitan Goelman, , ” Goelman Organizations: CNN, Justice Department, FBI Locations: Russia
New York CNN —Federal prosecutors in California on Friday charged prominent investor Andrew Left with multiple counts of securities fraud involving “a long-running market manipulation scheme” yielding at least $16 million in profit. Short-sellers, including Left, often present themselves as researchers sniffing out misleading or fraudulent businesses through independently published reports on their targets. Left, 54, was charged with one count of engaging in a securities fraud scheme, 17 counts of securities fraud, and one count of making false statements to federal investigators. Each securities fraud count carries a maximum prison sentence of 20 years. Separately, the SEC on Friday accused Left and his firm of running a $20 million scheme to defraud his social media followers by publishing false and misleading reports.
Persons: Andrew Left, , Citron, Left, ” Citron, Organizations: New, New York CNN, Federal, Justice, Left, Citron Research, Enron, Securities and Exchange Commission, SEC Locations: New York, California
The AI company announced "SearchGPT" on Thursday, an early version of a search product that shows the company is one step closer to launching its own search engine. In a blog post, OpenAI said it's "testing SearchGPT, a temporary prototype of new AI search features that give you fast and timely answers with clear and relevant sources." A screenshot of search results from OpenAI's new SearchGPT prototype, which is in the testing phase. OpenAIOpenAI has Google in its crosshairsWith SearchGPT, OpenAI is clearly positioning itself against Google's Search Generative Experience (SGE) and AI startup Perplexity's search feature. AdvertisementOpenAI's announcement comes after The Information in February that the company had been quietly developing its own web search product.
Persons: , OpenAI, Sam Altman, OpenAI OpenAI, Google's SGE, Microsoft's Bing, Bing, Satya Nadella, OpenAI didn't Organizations: Service, Business, Google, Microsoft, Department of Justice, DOJ Locations: boone north carolina, SearchGPT
"These conditions have allowed, in some instances, the biggest technology companies to get a layup in the AI space," Khan said. In particular, Khan called for AI models' weights to be publicly available. In the age of AI, Khan said both consumers and enterprises are uncertain of their data's protections when using foundation models. "We only focus on deals that have problems…it's a narrow set of deals that satisfy a narrow set of criteria." In March, Microsoft paid $650 million in a licensing deal to Inflection AI, an emerging OpenAI rival, to use its AI models and hire most of its employees.
Persons: , Lina Khan, Khan, We've, you've, Jonathan Kanter, Kevin Dietsch, Kanter, execs Organizations: Service, Federal Trade Commission, FTC, Big Tech, Microsoft, Google, Business, Meta, Antitrust, Department of Justice, DOJ, Apple, Tech, New York VC, YC, Amazon Locations: OpenAI, America
That U.S. politicians from both major parties invited Mr. Netanyahu to Washington at all — let alone to lecture our lawmakers in the people’s house — is a disgrace. Mr. Netanyahu’s war on Gaza has already killed at least 39,000 Palestinians (many of them women and children), according to the health ministry in Gaza, displaced some 1.9 million people and spread what experts describe as a famine across the besieged enclave. The International Criminal Court prosecutor has applied for a warrant to charge Mr. Netanyahu with war crimes and crimes against humanity. History will cast Mr. Netanyahu’s visit in deservedly ugly tones. Gaza is our war, too, thanks to the indispensable military aid and political cover the U.S. government has lavished on Israel as the death toll climbs.
Persons: Benjamin Netanyahu, Mr, Netanyahu, Israel, Netanyahu’s Organizations: Israel, Criminal, Court of Justice Locations: Gaza, Washington, Israel
New York CNN —The US Department of Justice on Wednesday for the first time shared details of its finalized plea deal agreement with Boeing, in which the troubled aviation company will plead guilty to a felony charge of defrauding the US government. The plea deal is subject to approval of a federal judge. “We will continue to work transparently with our regulators as we take significant actions across Boeing to further strengthen our safety, quality and compliance programs,” Boeing said in a statement. It had already paid half the fine as part of the original plea deal in 2021. The families of victims of two fatal crashes of the 737 Max oppose the deal, the Justice Department said.
Persons: , Max, Organizations: New, New York CNN, US Department of Justice, Boeing, Federal Aviation Administration, Justice Department, Alaska Airlines Locations: New York, United States
The Justice Department’s in-house watchdog found no evidence of political interference in the reduction of a prison sentence proposed for the longtime Trump ally Roger Stone in 2020, attributing the stunning reversal to “ineffectual” leadership, according to a report released on Wednesday. The report concluded a four-year investigation into the decision by Attorney General William P. Barr in February 2020 to reduce Mr. Stone’s proposed sentence to about three years, after initially recommending seven to nine. The episode incited accusations of political interference and prompted four prosecutors in the case to resign. He denounced the sentencing recommendation as a “miscarriage of justice.”But the inspector general, Michael E. Horowitz, concluded that Mr. Barr had argued that the more stringent sentence was unreasonably harsh before Mr. Trump expressed those sentiments. Mr. Barr was blindsided by a subordinate who had led him to believe the department would request a lesser prison term, Mr. Horowitz wrote.
Persons: Department’s, Trump, Roger Stone, William P, Barr, Stone’s, Donald J, Stone, Michael E, Horowitz Locations: Russia
Alphabet is set to report second-quarter earnings after the market closes Tuesday, one of the first of the " Magnificent Seven " to post its results this earnings season. For Google search revenue, Wolfe Research estimates growth of 12.6% compared to the prior-year period. Wolfe has an outperform rating on Alphabet and a share price target of $240, implying more than 32% upside from Monday's close. Deutsche Bank, Bank of America and TD Cowen all increased their price targets on the stock heading into earnings. GOOGL mountain 2024-07-22 Alphabet, 2-day Bernstein analyst Mark Shmulik also chooses to stay neutral, rating Alphabet market perform.
Persons: LSEG, Baird, Colin Sebastian, Wolfe, Shweta Khajuria, TD Cowen, Benjamin Black, Justin Post, John Blackledge, Barton Crockett, Rosenblatt, Bernstein, Mark Shmulik, Shmulik Organizations: Google, Wolfe Research, Deutsche Bank , Bank of America, Bank of America, YouTube, Rosenblatt Securities, Department of Justice, DOJ
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