DIRS.INFO The most relevant business & tech news

☆ How to watch Australia, Canada and Nigeria battle for Wwomen's World Cup knockout phase spot
▼ + stars: | 2023-07-30 | by ( Ben Morse | ) edition.cnn.com time to read: +23 min

Franck Fife/AFP/Getty Images Norway celebrates scoring in its 6-0 victory against the Philippines on Sunday. Aisha Schulz/AP Sweden's Amanda Ilestedt, center, heads the ball to score the opening goal against Italy on July 29. John Cowpland/AP Italy's fans cheer before their team's match against Sweden at Wellington Regional Stadium, New Zealand. John Cowpland/AP China's Wang Shuang celebrates after scoring against Haiti during a Women's World Cup match on Friday, July 28. John Cowpland/AP US forward Alex Morgan is surrounded by Vietnam defenders during their opening match on July 22.

Persons: Colombia's Manuela Vanegas, Franck Fife, Alexandra Popp, Ulrik Pedersen, Manuela Vanegas, Sajad, Jaimi Joy, Reuters Linda Caicedo, Phil Walter, Getty, Dominique Randle, Hannah Peters, Hali, Rafaela Pontes, Olivia McDaniel, Norway's Caroline Graham Hansen, Abbie Parr, Sophie Roman Haug of, Jessika Cowart, Buda Mendes, Ali Riley, Katie Bowen, Molly Darlington, Julia Stierli, Alessandra Tarantino, Ramona Bachmann, Sanka Vidanagama, James Elsby, Benzina, Edina Alves Batista, Hannah Mckay, Brenton Edwards, Panama's Aldrith Quintero, Jamaica's Deneisha Blackwood, Kameron Simmonds, Luisa Gonzalez, Allyson Swaby, Herve Renard, Wendie Renard, Debinha, Katie Tucker, Aisha Schulz, Amanda Ilestedt, John Cowpland, Rebecka Blomqvist, Wang Shuang, Maddie Meyer, Dumornay, China's Dou Jiaxing, Alex Pantling, Chloe Kelly, Carl Recine, Mary Earps, Andy Cheung, Janni Thomsen, Alex Greenwood, Lauren James, Justin Setterfield, Keira Walsh, Walsh, Argentina's Mariana Larroquette, Yamila Rodriguez, Cristiano Ronaldo, Lionel Messi, Matthew Lewis, Linda Motlhalo, Lars Baron, Osinachi Ohale, Bradley Kanaris, Dan Peled, Anthony Albanese, Matt Roberts, Jéssica Silva, Vietnam's, Saeed Khan, Fiona Goodall, Daphne van Domselaar, Julie Ertz, Brad Smith, Andrew Cornaga, Lindsey Horan, Joe Prior, Catherine Ivill, Amanda Perobelli, Canada's Vanessa Gilles, Ireland's Niamh Fahey, Louise Quinn, Murty, Katie McCabe applauds, Paul Kane, Kailen Sheridan, McCabe, Stephen McCarthy, Adriana Leon, Colin Murty, Jennifer Hermoso, David Rowland, Reuters Hermoso, Spain's Alexia Putellas, Mary Wilombe, Naomoto, Japan's Mina Tanaka, Daniela Solera, Sarina Bolden, Bolden's, Hannah Wilkinson, Bolden, Victoria Esson, Katelyn Mulcahy, Hagen Hopkins, Catalina Usme, Korea's Cho, Colombia's Jorelyn, Carolina Arias, Cameron Spencer, Reuters Usme, Kim Hye, Rebecca Welch, David Gray, Brazil's Marta, Matt Turner, Borges, Khadija Er, Victoria Adkins, Germany's Alexandra Popp, Asanka Brendon Ratnayake, Morocco's Fatima Tagnaout, Hamish Blair, Cristiana Girelli, Kim Price, Francesca Durante, German Portanova, Reuters Italy's Giulia Dragoni, Estefania Banini, Dragoni, Grace Geyoro, Mark Baker, Rebecca Spencer, Robert Cianflone, Bunny, Shaw, Estelle Cascarino, Portugal's Ines Pereira, Stefanie van der, Van der Gragt, Portugal's Jessica Silva, Silva, Joe Allison, Magaia, Sweden's Elin Rubensson, Amalie Vangsgaard's, Zhang Linyan, Denmark's Pernille Harder, Gary Day, Shui, Reuters England's Alessia Russo, Haiti's Tabita Joseph, England's Lionesses, Reuters Nicolas Delépine, Kerly Theus, Zac Goodwin, Jun Endo, Zambia's Agnes Musase, Reuters Aoba, Catherine Musonda, Alex Morgan, Carmen Mandato, Megan Rapinoe, Horan, Trần Thị Kim Thanh, Sophia Smith dribbles, Ane, Esther González, Costa, Costa Rica's Mariana Benavides, Katrina Guillou, Switzerland's Gaëlle Thalmann, William West, Uchenna Kanu, Chiamaka Nnadozie, Canada's Christine Sinclair, Steph Catley, Heather Payne, Australia's Kyra Cooney, Mackenzie Arnold, Ria Percival, Ada Hegerberg, Jan Kruger, Zealand's CJ Bott, Norway's Mathilde Harviken vie, Jose Breton, Benee, Ireland's, Niamh Fahey, Vanessa Gilles, Coliin Murty, Sam Kerr, Kerr, Tony Gustavsson, Christine Sinclair, Ireland, Spain –, Japan's Hikaru Naomoto Organizations: CNN, Germany, Getty, Colombia, Reuters, Norway, Sunday, FIFA, AP, New Zealand, South, Jamaica, Brazil, France, Italy, Sweden, Wellington Regional, Haiti, China, Denmark, England, Argentina, Nigeria, Australia, Canada, Reuters Australian, Vietnam, Portugal, USSF, Ireland, Spain, Eden, Costa, Forsyth, AP Costa, Japan, New, Victoria, Panama, Morocco, Cristiana, Atlanta Primus, Zambia, Zambian, Costa Rica's, Getty Images, Zealand, AP Norway, Nations, FOX Sports, Telemundo, Seven Network, Optus Sport, BBC, ITV, Republic of Ireland, Super Falcons, coy Locations: Japan, Spain, Costa Rica, Zambia, Australia, Canada, Nigeria, AFP, Colombia, Philippines, AP Philippines, Sophie Roman Haug of Norway, New, Reuters, Morocco, South Korea, Perth, Reuters Jamaica, Brisbane, New Zealand, Reuters England, Reuters Argentina, Argentina, South Africa, Ireland, Portugal, Vietnam, United States, Netherlands, Wellington , New Zealand, Auckland , New Zealand, Costa Rican, Dunedin , New Zealand, AP Costa Rican, Reuters Switzerland, Norway, Switzerland, Sydney, Reuters Colombia, Panama, Adelaide, Germany, AP Argentina, German, Italy, Atlanta, Africa, China, European, Reuters England's Georgia, Ane Frosaker, Eurasia, Melbourne, Reuters Norway, Zealand, Eden, United Kingdom, Republic of, Republic of Ireland, Wellington

☆ How Aimé Leon Dore Took New York
▼ + stars: | 2023-07-27 | by ( Jon Caramanica | More About Jon Caramanica | ) www.nytimes.com time to read: +2 min

He met Anthony Bigio, now vice president for design, when Mr. Bigio was designing custom Air Force 1s for clients at Nike’s Mercer Street location. Joe Bavasso, now ALD’s vice president for product, had a job at Todd Snyder but sought out Mr. Santis in hopes that ALD would sponsor his summer basketball team in the Rockaways. A few years ago, Mr. Santis discovered the New Balance 550, a low-top lifestyle sneaker, in an old New Balance catalog and revived it as a collaborative release with ALD. Since then, the 550 has become in “a staple iconic franchise for New Balance,” said Chris Davis, the New Balance chief marketing officer and senior vice president for global merchandising. “It was one of those phenomenons in sneaker culture that only comes around once every few years.”

Persons: David Z, Michael K, ravenously, Santis, Anthony Bigio, Bigio, Joe Bavasso, Todd Snyder, ”, Chris Davis Organizations: Air Force, Nike’s, Yankees, Mets, New, New Balance

☆ Chalmers, McIntosh power to gold at world championships
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +2 min

Chalmers won in 47.15 seconds and Jack Alexy of the United States surprised a stacked field to take silver, 0.16 seconds behind the winner. Frenchman Maxime Grousset grabbed bronze ahead of China's Pan Zhanle. McIntosh earlier cruised to the women's 200m butterfly title, capturing gold in a time of 2:04.06 ahead of Australian Elizabeth Dekkers. Australia's triple Olympic gold medallist Kaylee McKeown then won the women's 50m backstroke crown after claiming the title over 100m earlier this week. The 22-year-old came home in 27.08 seconds ahead of American Smith who went 27.11 while Briton Lauren Cox had to settle for bronze, finishing 0.12 seconds behind the champion.

Persons: Kyle Chalmers, Summer McIntosh, Chalmers, Jack Alexy, Frenchman Maxime Grousset, Romania's David Popovici, Matthew Richards, Popovici, McIntosh, Elizabeth Dekkers, Regan Smith, Australia's, Kaylee McKeown, American Smith, Briton Lauren Cox, Frenchman Leon Marchand, Ryan Lochte's, Carson Foster, Daiya, Shrivathsa Sridhar, Ken Ferris Organizations: Marine Messe Fukuoka Hall, United States, Thomson Locations: FUKUOKA, Japan, United States, China's, Budapest, Shanghai, U.S, Australia, Britain, Bengaluru

☆ Flagpole-Wielding Man Convicted in Jan. 6 Capitol Attack
▼ + stars: | 2023-07-27 | by ( Chang Che | More About Chang Che | ) www.nytimes.com time to read: +1 min

A Kentucky man who used a flagpole to batter a door near the House chamber during the Jan. 6, 2021, attack on the Capitol was found guilty in federal court in Washington on Wednesday on nine counts, including civil disorder and disruption of an official proceeding, prosecutors said. During the encounter, which was captured on video from multiple angles, rioters came close enough to lock eyes with lawmakers, separated only by a few officers and antique wood-and-glass doors. Judge Richard J. Leon of the Federal District Court in Washington found Mr. Jones guilty after a bench trial on two felony and seven misdemeanor charges, including the destruction of government property. The judge denied the government’s request to treat the flagpole that Mr. Jones was carrying as a dangerous weapon, reducing four of the six felony counts that he had initially faced to misdemeanors. “We were disappointed in the verdict, but we understand and respect the judge’s decision,” William Brennan, a lawyer for Mr. Jones, said in an interview.

Persons: Chad Barrett Jones, Ashli Babbitt, Richard J, Leon, Jones, ” William Brennan Organizations: Air Force, Capitol Police, Federal, Court Locations: Kentucky, Washington, Mount Washington, Ky

☆ Billionaire investor Leon Black is accused of raping teen in Jeffrey Epstein’s NY townhouse
▼ + stars: | 2023-07-27 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —A woman is suing the billionaire investor Leon Black, accusing him of raping her at Jeffrey Epstein’s Manhattan townhouse when she was 16 years old. The lawsuit describes in gruesome detail the woman’s account of a sexual assault that left her bleeding and sobbing. A spokesman for Black, Whit Clay, echoed Estrich’s denial, saying the law firm “has an agenda” and that its credibility has been impugned by the dismissal of the previous suit. An internal Apollo investigation that documented his $158 million payment to Epstein found no wrongdoing. The latest suit is the third to publicly accuse Black of rape.

Persons: New York CNN —, Leon Black, Jeffrey, Jane Doe, ”, Black, Susan Estrich, ” Estrich, Whit Clay, “, Jeanne M, Christensen, ” Black, Epstein, Cheri Pierson, ” Epstein, Jeffrey Epstein, Ghislaine Maxwell, Sen, Ron Wyden, ” Black’s, Doe, — CNN’s Elisabeth Buchwald, Ramishah Maruf Organizations: New, New York CNN, Apollo Global Management, New York Times, Street, CNN, Finance Locations: New York, Manhattan, New York City

☆ Mexico: Extreme heat kills more than 200 since March
▼ + stars: | 2023-07-27 | by ( Abel Alvarado | ) edition.cnn.com time to read: +2 min

CNN —The number of deaths across Mexico due to extreme heat has hit 249 over the past four months, its Ministry of Health has reported. A hundred deaths were registered in Nuevo León, 28 in Tamaulipas, 26 in Veracruz, and 26 in Sonora between March 19 and July 22. Late last month, some Mexican states hit temperatures of monthly or even all-time high topping 45 degree Celsius(113 degrees Fahrenheit) in certain places. At least two states (Baja California and Sonora) will have temperatures exceeding 45 degrees Celsius (113 degrees Fahrenheit). According to government data, 92.4% of deaths are due to “heat stroke,” and the rest are due to dehydration.

Persons: ” Organizations: CNN, Health Locations: Mexico, Nuevo León, Tamaulipas, Veracruz, Sonora, Baja California

☆ Where to Put Your Cash After the Fed Raises Interest Rates
▼ + stars: | 2023-07-26 | by ( Oyin Adedoyin | Anthony De Leon | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/fed-interest-rate-money-savings-cds-5f3e816

Persons: Dow Jones

☆ Fact Check-Clip of firefighters saving dehydrated deer predates 2023 Rhodes fires
▼ + stars: | 2023-07-26 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A video showing firefighters tending to a dehydrated deer was not filmed on the Greek island of Rhodes during wildfires in July 2023. The clip has been online since at least July 2022 and is credited by Spanish media outlets to a fire in Zamora, Spain. An online search reveals that the clip was widely published by Spanish media outlets in July 2022 (here), (here). According to the reports, the clip shows firefighters saving a dehydrated deer after a fire in Zamora, Spain. The video has been online since at least July 2022 and credited by Spanish media outlets to firefighters saving a deer in Zamora, Spain.

Persons: Read Organizations: Spanish, Castilla, Reuters Locations: Rhodes, Spanish, Zamora, Spain, León

☆ Where to Put Your Cash After the Fed’s Interest-Rate Increase
▼ + stars: | 2023-07-26 | by ( Oyin Adedoyin | Anthony De Leon | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ Australia's O'Callaghan smashes 14-year-old record to win world title
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +3 min

FUKUOKA, Japan, July 26 (Reuters) - Australia's Mollie O'Callaghan finished with a flourish to break the longest-standing world record in women's swimming, claiming the 200 metres freestyle title in a time of one minute, 52.85 seconds at the World Aquatics Championships on Wednesday. Summer McIntosh of Canada was 0.80 seconds behind to take bronze in a world junior record time. Olympic champion Titmus had blazed to the 400m freestyle title on Sunday to erase 16-year-old McIntosh's mark and was well placed to go for another record after topping the semi-final time sheet. Hungary's world record holder Kristof Milak was absent from the men's 200m butterfly that followed, as the Olympic and world champion skipped the meet saying that he was not physically or mentally in a position to compete. The mixed 4x100m medley relay concludes the fourth day of swimming with the Americans tipped to win their third title.

Persons: Mollie O'Callaghan, O'Callaghan, Italian Federica Pellegrini, Ariarne Titmus, Summer McIntosh, Titmus, China's Yang Junxuan, Kristof Milak, Frenchman Leon Marchand, Poland's Krzysztof Chmielewski, Tomoru Honda, Qin Haiyang, Nic Fink, Adam Peaty, Matthew Richards, Ahmed Hafnaoui, Sam Short, Bobby Finke, Shrivathsa Sridhar, Toby Davis Organizations: Wednesday, Channel, Marine Messe Fukuoka, Thomson Locations: FUKUOKA, Japan, Italian, Rome, Australia, Canada, Budapest, Tunisia, United States, Bengaluru

☆ Ato Blankson-Wood on Playing a Hamlet Who ‘Leads With Love’
▼ + stars: | 2023-07-26 | by ( Juan A. Ramírez | ) www.nytimes.com time to read: +2 min

“I have my issues with this cut. A lot of the meta-theatricality is gone, and that’s one of the things I love about the character, like his line about holding a mirror up to nature. Born the middle of five siblings in Silver Spring, Md., to two Ghanaian immigrants, Blankson-Wood grew up watching movie musicals with his mother. While his home was “culturally, very traditionally Ghanaian,” he said musicals created a cultural bridge to his American interests, which led to acting. He studied acting at New York University and was soon cast as a member of the tribe in a production of “Hair” at the Delacorte — which, coincidentally, shared the 2008 summer season with another “Hamlet,” starring Michael Stuhlbarg.

Persons: “, Shakespeare, what’s, ”, Wood, Leon, Jesse Green, Michael Stuhlbarg, Lysistrata Jones Organizations: The Times, New York University, Broadway Locations: Md

☆ Focus: In Mexico, private cash races to plug nearshoring energy crunch
▼ + stars: | 2023-07-26 | by ( Isabel Woodford | Thomson Reuters | Isabel Is A British-Spanish Journalist Based In Mexico City. She Joined Reuters In As Part Of The Latin America News Hub | ) www.reuters.com time to read: +7 min

Sergio Arguelles, president of the Mexican Association of Private Industrial Parks (AMPIP), said parks' investment in state energy assets today is unprecedented. "Mexico would be very well positioned to take advantage of nearshoring if it didn't have such an energy problem," he said. THE SHRINKING STATEMexico's approach to its groaning electricity grid is in contrast to its fast-growing peers, which tend to either incentivize private energy contractors or have state utility companies with deep pockets. Still, there is some hope for the new wave of 47 planned industrial parks. Yet critics say Mexico's push for state control over energy distribution while also neglecting it is self-sabotage.

Persons: Daniel Becerril, Sergio Bermudez, Barbie, Mattel, Bermudez, …, Eduardo Martinez, Sergio Arguelles, Aaron Gallo, Gallo, Andres Manuel Lopez Obrador's, David Gantz, Electrobras, AMPIP's Arguelles, Lopez Obrador, Ramses Pech, Hans Joachim Kohlsdorf, Zonia Torres, Alfredo Nolasco, Isabel Woodford, Marguerita Choy Organizations: Federal Electricity Commission, REUTERS, MEXICO CITY, Unilever, Mexican Association of Private Industrial Parks, American Industries, Industries, CFE, U.S, Baker Institute, Thomson Locations: Mexico's, Santa Catarina, Monterrey, Mexico, MEXICO, Nuevo Leon, Brazil, Guanajuato

☆ Comeback win can ignite Canada's World Cup campaign, says Priestman
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +2 min

PERTH, July 26 (Reuters) - Canada's ability to come back and beat Ireland 2-1 on Wednesday could prove to be the pivotal moment for the Olympic champions in their Women's World Cup campaign, coach Bev Priestman said. "I said at the end, 'It can be the making of us,'" Priestman told a press conference. The character, the quality, the experience that came about in the second half, that's the type of performance that we need." "Listen, Sophie Schmidt, Christine Sinclair, I thought their quality when we really needed it, they just allowed us to keep the ball in building," Priestman said. A goal in this tournament would make Sinclair the first player to score at six World Cups.

Persons: Bev Priestman, Priestman, we've, it's, Katie McCabe, Megan Connolly, Adriana Leon, Christine Sinclair, Sophie Schmidt, Sinclair, gingerly, Lori Ewing, Christian Radnedge Organizations: PERTH, Ireland, Olympic, Nigeria, Canada, Australia, Thomson Locations: Canada, Perth, British, Melbourne

☆ Why the ‘Barbie’ premiere in Madrid was the wildest so far
▼ + stars: | 2023-07-25 | by ( Leah Dolan | ) edition.cnn.com time to read: +2 min

From pink face paint to trailing capes, scroll down for what could be the wildest outfits worn on the “Barbie” red carpet circuit so far. A. Perez Meca/Europa Press/Getty ImagesInfluencers and artists María Forqué and Filip Custic wore Birkin-inspired looks from the brand Namilla. A. Perez Meca/Europa Press/Getty ImagesMakeup artist Alana la Hija del Jeque stepped out in a barely-there bralet made from ribbon bowties. A. Perez Meca/Europa Press/Getty ImagesYouTuber Esty Quesada was seen in hot pink face paint and a black cowboy hat. David Benito/WireImage/Getty Images

Persons: Greta Gerwig’s “ Barbie, Margot Robbie, Andrew Mukamal, Ryan Gosling, Barbie, Edgard Caro, Jau Fornes, Perez Meca, María Forqué, Filip Custic, Birkin, Carlos Alvarez, Mirella Balic, Alana la Hija, Jeque, David Benito, WireImage, Ines de Leon, Roxana Zurdo, Samantha Hudson, Andres Sarda, YouTuber Esty Quesada, Influencer Pelayo Diaz Organizations: CNN, Los Angeles, Warner Brothers, Warner Bros Discovery, Europa Press, Getty Locations: London, Los, Madrid

☆ Was this the wildest ‘Barbie’ premiere so far?
▼ + stars: | 2023-07-25 | by ( Leah Dolan | ) edition.cnn.com time to read: +2 min

☆ Senate Panel Probes Leon Black’s Financial Ties to Epstein, Tax Maneuvers
▼ + stars: | 2023-07-25 | by ( Richard Rubin | David Benoit | ) www.wsj.com time to read: 1 min

Persons: Dow Jones, epstein

☆ What it was like to live at the Los Alamos lab site during the Manhattan Project
▼ + stars: | 2023-07-25 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +14 min

Los Alamos National LaboratorySituated 7,300 feet above sea level and roughly 35 miles from Santa Fe, the Los Alamos site seemed ideal for a secret laboratory. Constant constructionCompared to the Chicago labs, where some of the work on the Manhattan Project was being done, Los Alamos was starting from scratch. The commissary is where many Los Alamos residents did most of their grocery shopping during the Manhattan Project. Mary Palvesky is the daughter of Harry Palevsky and Elaine Sammel, who both worked at Los Alamos during the Manhattan Project. After the US dropped the bombs, the site became the Los Alamos National Laboratory.

Persons: J, Robert Oppenheimer, he'd, Oppenheimer, Abraham Pais, Laura Fermi, Enrico Fermi's, Robert Wilson, Leslie Groves, John Henry Manley, would've, McAllister Hull, Richard Feynman's, Groves, you'd, Robert Serber, Serber, John Manley, Leon Fisher, Phyllis, Emile Segré, Leon, Phyllis Fisher, wouldn't, Ruth Marshak, Elsie McMillan, Enrico Fermi, Jane Wilson, Charlotte Serber, Kitty Oppenheimer, Los Alamos, Lucie Genay, they'd, Edward Teller, Bernice Brode, Robert Brode, Jean Bacher, Thomas Mann's, Fisher, Mary Palvesky, Harry Palevsky, Elaine Sammel, Palvesky, Joseph Rotblat, Hans Bethe, Pavlevsky, Bethe, couldn't, Marcos, Maria Gómez Organizations: Manhattan Project, Service, Manhattan, Trinity Test, Los Alamos National Laboratory, Los Alamos National, Los Alamos Ranch School, Manhattan Project . National Security Research, Los Alamos, Alamos lab's Tech Area, National Security Research Center, Residents, Carpenters, Tech, Security Research, Los, Nuclear Weapons Industry, couldn't, Trinity, Chicago Met Lab, Japan Locations: New Mexico, Los Alamos, Wall, Silicon, Alamos, Santa Fe, Chicago, Los, Mexican, Hiroshima, Nagasaki, Berkeley, New York

☆ Senate Committee Presses Leon Black on Epstein Tax Advice
▼ + stars: | 2023-07-25 | by ( Matthew Goldstein | More About Matthew Goldstein | ) www.nytimes.com time to read: +1 min

A Senate committee is investigating whether $158 million that the billionaire investor Leon Black paid the disgraced financier Jeffrey Epstein for tax and estate planning services should have been classified as a gift, as part of a broader inquiry into tax-avoidance schemes by ultrawealthy individuals, according to a letter reviewed by The New York Times. In addition to the fees that Mr. Black said he had paid Mr. Epstein, the Senate Finance Committee is looking into several trusts that Mr. Black used to save on taxes and advice that Mr. Epstein gave on art purchases, according to the letter, which the committee’s chairman, Senator Ron Wyden, sent to the private equity mogul on Monday. Mr. Wyden, Democrat of Oregon, wrote that the committee was dissatisfied with the information that Mr. Black, a co-founder of Apollo Global Management, had provided it to date and requested his cooperation. “A significant number of open questions remain regarding the tax-avoidance scheme you implemented with Epstein’s assistance, including whether the exorbitant amounts paid to Epstein should have been classified as a gift for federal tax purposes,” the senator wrote. Gifts exceeding an annual threshold in value are subject to federal taxes ranging from 18 to 40 percent.

Persons: Leon Black, Jeffrey Epstein, Black, Epstein, Ron Wyden, Wyden Organizations: The New York Times, Senate Finance, Mr, Democrat, Apollo Global Management Locations: Oregon

☆ Jeffrey Epstein withdrew up to $80,000 in cash 'several times a month' while he paid girls for 'massages,' court filings say
▼ + stars: | 2023-07-25 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +9 min

At the time, there were reports that he paid cash to girls for "massages" — a code word for sex. When asked about the large withdrawals, Epstein said he needed to pay for jet fuel. JPMorgan's private bank has a policy to "discourage" large cash deposits and spending. Bankers, according to an excerpt of the guidelines filed in court Tuesday morning, are responsible for getting clients to explain their large cash withdrawals. "Issue is he really never stopped the large cash withdrawals," a compliance officer wrote then.

Persons: Jeffrey Epstein, Epstein, Morgan, Jeffrey Epstein's, James, Emily Michot, Ghislaine Maxwell, sexualized massages, Glenn Dubin, Sergey Brin, Bill Gates, Leon Black, Larry Summers, Prince Andrew, Ehud Barak, Thomas Pritzker, Benjamin Netanyahu, JPMorgan, Alexander Acosta, Mr, John Duffy, Mary Erdoes, Erdoes, Duffy Organizations: JPMorgan, Morning, JPMorgan Chase, Private Bank, Banker, Islands, US Virgin Islands, U.S ., Miami Herald, Tribune, Service, Getty, Virgin Islands, police, US, Office, Southern, of Locations: Little St, U.S, U.S . Virgin Islands, Palm Beach, Sultan, Dubai, Prince, Florida, of New York

☆ US Senate panel probes billionaire Leon Black's financial ties to Jeffrey Epstein
▼ + stars: | 2023-07-25 | by ( Kanishka Singh | Thomson Reuters | Kanishka Singh Is A Breaking News Reporter For Reuters In Washington Dc | ) www.reuters.com time to read: +2 min

WASHINGTON, July 25 (Reuters) - The U.S. Senate's Finance Committee on Tuesday revealed an ongoing probe into private equity billionaire Leon Black's financial ties with disgraced late financier Jeffrey Epstein, and said the investigation "uncovered serious tax issues." The Senate panel said that a reported $158 million of payments in several installments from 2012 to 2017 by Black to Epstein for financial advice seemed "inexplicably large," given that Epstein was "neither a licensed tax attorney nor a certified public accountant." A spokesperson for Black said the billionaire had "cooperated extensively" with the panel's probe and provided detailed information. Black had previously acknowledged he paid Epstein for "legitimate financial advisory services." Last week, the New York Times reported that Black paid $62.5 million to the U.S. Virgin Islands to avoid any legal claims tied to an Epstein sex-trafficking investigation.

Persons: Leon, Jeffrey Epstein, Black, Epstein, Donald Trump, Bill Clinton, Kanishka Singh, Jonathan Oatis Organizations: Senate's Finance, New York Times, U.S . Virgin, Forbes, Apollo Global Management, Thomson Locations: U.S, Washington

☆ Lawsuit accuses billionaire Leon Black of raping autistic teenager at Jeffrey Epstein's townhouse
▼ + stars: | 2023-07-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

Leon Black, Chairman, CEO and Director, Apollo Global Management, LLC, speaks at the Milken Institute's 21st Global Conference in Beverly Hills, California, May 1, 2018. A federal lawsuit filed Tuesday accused Leon Black, the billionaire co-founder of Apollo Global Management, of raping a then-16-year-old girl with autism in 2002 at the Manhattan townhouse of disgraced financier Jeffrey Epstein. "Wigdor's prior case against Mr. Black was recently thrown out by the Court and this one will be too. "This sham proceeding will be promptly dismissed and will provide further ammunition for Mr. Black's pending sanctions motion against the Wigdor firm," the lawyer said. The bid for sanctions also references Guzel Ganieva, who was represented by Wigdor in a 2021 lawsuit accusing Black of sexual assault and defamation was dismissed in May.

Persons: Leon Black, Jeffrey Epstein, Epstein, Ghislaine Maxwell, Wigdor, Black, Jane Doe, Jeanne Christensen, Jane Doe's, " Christensen, Susan Estrich, Estrich, Black's, Cheri Pierson, Pierson, Guzel Ganieva, Ganieva Organizations: Apollo Global Management, Milken, Global Conference, Black, New York Times, U.S . Virgin, Senate Finance, New York Supreme, Wigdor Locations: Beverly Hills , California, Manhattan, U.S, New York, Epstein's Manhattan

☆ Billionaire Leon Black made a $158 million payment to Jeffrey Epstein. Senators want to know why
▼ + stars: | 2023-07-25 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

New York CNN —The Senate Finance Committee is looking into whether billionaire investor Leon Black’s $158 million payment to disgraced financier Jeffrey Epstein was part of a greater strategy to avoid paying over $1 billion in federal gift and estate taxes. “The payments were inexplicably large; well in excess of what Black paid any other financial advisors and far higher than the median compensation of Fortune 500 CEOs at the time,” Wyden said in a statement released Tuesday. “At every stage of the committee’s investigation, Black has refused to answer questions or provide any documents that could demonstrate how Epstein’s compensation for tax and estate planning services was determined or justified,” Wyden said in the statement. Black has cooperated extensively with the Committee, providing detailed information about the matters under review,” Whit Clay, a spokesman for Black, said in a statement to CNN. An internal Apollo investigation that documented his $158 million payment to Epstein following the New York Times’ reporting, however, found no wrongdoing.

Persons: Leon Black’s, Jeffrey Epstein, Epstein, Ron Wyden, Wyden, Dechert, ” Wyden, “, Black, Mr, Whit Clay, ” Epstein, Dechert didn’t, Joanna Rose, ” Organizations: New, New York CNN, Finance, Apollo Global Management, Oregon Democrat, Dechert LLP, Apollo, Fortune, CNN, New York Times Locations: New York

NEW YORK, July 25 (Reuters) - The billionaire investor Leon Black was sued on Tuesday by an autistic woman who says he raped her in the disgraced financier Jeffrey Epstein's mansion in Manhattan in 2002, when she was 16. Black co-founded private equity firm Apollo Global Management (APO.N), which he left in 2021. Black has denied other sexual abuse accusations, including in a dismissed lawsuit by former Russian model Guzel Ganieva, and a lawsuit by Cheri Pierson who also claimed he raped her in Epstein's home two decades ago. The billionaire has also reached a $62.5 million settlement with the U.S. Virgin Islands, where Epstein had a home, to avoid a possible lawsuit. The case is Doe v Black, U.S. District Court, Southern District of New York, No.

Persons: Leon Black, Jeffrey Epstein's, Jane Doe, Black, Epstein, Ghislaine Maxwell, Susan Estrich, Estrich, Doe, massages, Jeanne Christensen, Cheri Pierson, Jonathan Stempel, Kanishka Singh, Daniel Wallis Organizations: YORK, Apollo Global Management, Forbes, U.S ., Court, Southern District of, Washington , D.C, Thomson Locations: Manhattan, New York City, Russian, U.S . Virgin Islands, U.S, Southern District, Southern District of New York, New York, Washington ,

JPMorgan countered that the U.S. Virgin Islands was also to blame for allowing Epstein's sexual abuse of young women and teenage girls, saying the territory used its powers to enable these crimes. The U.S. Virgin Islands is suing JPMorgan for at least $190 million, saying the bank ignored red flags about Epstein because he was a wealthy and lucrative client from 1998 to 2013. Ahead of a scheduled Oct. 23 trial, the U.S. Virgin Islands wants a judge to declare that JPMorgan participated in Epstein's sex trafficking and obstructed law enforcement. The U.S. Virgin Islands has already received more than $105 million from Epstein's estate, and reached a settlement with billionaire Leon Black, a former Epstein friend. The case is U.S. Virgin Islands v. JPMorgan Chase Bank NA, U.S. District Court, Southern District of New York, No.

Persons: Jeffrey Epstein, Epstein, Ghislaine Maxwell, Mary Erdoes, Frick, Erdoes, Leon Black, JPMorgan, Jonathan Stempel, Stephen Coates Organizations: YORK, U.S . Virgin Islands, JPMorgan Chase, JPMorgan, U.S . Virgin, U.S ., New, Virgin, JPMorgan Chase Bank NA, U.S, Court, Southern District of, Thomson Locations: U.S, Manhattan, U.S . Virgin, New York, Southern District, Southern District of New York, Bengaluru

☆ Senate panel probes billionaire Leon Black's $158 million in payments to Jeffrey Epstein
▼ + stars: | 2023-07-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

A Senate panel on Tuesday revealed a yearlong investigation into Apollo Global Management co-founder Leon Black's ties to the late disgraced financier Jeffrey Epstein, with a focus on $158 million Black allegedly paid Epstein for tax and estate planning services. The probe into Black's tax schemes is one of a series of investigations by the committee into how ultra-wealthy people skirt their tax bills, Wyden's letter said. The committee's latest round of questions are "inappropriately invasive" and potentially overstep the panel's oversight role, Black's memo contended. Overnight, the U.S. Virgin Islands lobbed new accusations against JPMorgan Chase in a lawsuit accusing the bank of enabling Epstein's criminal activity. Both the Virgin Islands and JPMorgan filed motions overnight for partial summary judgment in the lawsuit.

Persons: Leon Black, Leon Black's, Jeffrey Epstein, Epstein, Ron Wyden, Black, Wyden, Wealth Management David Brigstocke Organizations: Apollo Global Management, Milken Institute Global Conference, U.S . Virgin, JPMorgan Chase, JPMorgan, Asset, Wealth Management, Virgin Islands Locations: Beverly Hills , California, U.S, Slovakian

Search resuls for: "Léon"

25 mentions found