DIRS.INFO The most relevant business & tech news

☆ Rep. Henry Cuellar and his wife allegedly took nearly $600,000 in bribes, indictment says
▼ + stars: | 2024-05-03 | by ( Hannah Rabinowitz | Haley Talbot | ) edition.cnn.com time to read: +2 min

Democratic Rep. Henry Cuellar of Texas and his wife have been charged with accepting nearly $600,000 in bribes from two foreign entities, according to an indictment in federal court in Texas. The alleged scheme took place from late 2014 through at least November 2021, the indictment says. The Justice Department declined to comment on the indictment, which was first reported by NBC News. In a statement on Friday, Cuellar said: “I want to be clear that both my wife and I are innocent of these allegations. “On top of being an amazing wife and mother, she’s an accomplished businesswoman with two degrees.

Persons: Henry Cuellar, Cuellar, “, ” Cuellar, ”, Imelda, she’s, ’, Delanie Organizations: Democratic, NBC News, Washington DC, FBI, National Republican Locations: Henry Cuellar of Texas, Texas, South Texas, Laredo , Texas

☆ Medical Debt Shows Up Less Often on Credit Reports
▼ + stars: | 2024-05-03 | by ( Ann Carrns | ) www.nytimes.com time to read: +1 min

Rohit Chopra, the bureau’s director, said in a statement that “further reforms” were needed to scour medical debt from credit histories. The bureau is considering a rule to ban medical debt from consumer credit files. The bureau estimated in a 2022 report that well over half the debt that appeared on credit reports as being in collection was medical debt. People can incur medical bills unexpectedly, and many think that their health insurance will cover the costs. And the consumer bureau previously found that medical collection debt reported to the credit bureaus was “plagued by inaccuracies.”

Persons: —, TransUnion —, Rohit Chopra Organizations: Consumer Financial

Much of Hicks’ testimony focused on her role on the Trump campaign in October 2016, just before Election Day. When cross-examining Hicks, Trump attorney Emil Bove elicited testimony that Trump was also concerned about what his wife would think. Video Ad Feedback Trump closed his eyes during Hope Hicks' testimony. There was a lot at play.”Hicks forwarded the email that included a transcript of the audio to several Trump campaign staffers including Kellyanne Conway. With Hicks’ testimony, prosecutors nudged closer to the repayment and the alleged charges.

Persons: Donald Trump’s, Hope Hicks, Hicks, Daniels, Michael Cohen, “, ”, Trump, Matthew Colangelo, ” Hicks, Karen McDougal’s, Emil Bove, Kellyanne Conway, chuckling, Steve Bannon, Conway, Jared Kushner, Jason Miller, McDougal, Cohen, nudged, –, Honig, CNN Hicks, Colangelo, Michael, ‘ Mr, ’ Michael Cohen Trump’s, Douglas Daus, Trump’s, Daus, DANY, Cohen ”, ” Daus, Prosecutors, Chris Conroy, Judge Juan Merchan, Manhattan DA Alvin Bragg, Daniel Dale, He’s, ” Merchan, ” Trump, Merchan Organizations: CNN, White House, Trump, Manhattan, Attorney’s Office, Trump White House, Trump Organization, Prosecutors, Wall Street, American Media, Inc, Wall, Washington Post, ” Prosecutors, House, New York Times, Trump “, Manhattan DA Locations: Washington, Manhattan, New York, Michigan

☆ China's true military spending in 2022 was likely worth $711 billion, or 'nearly equal' to the US military budget that year: US think tank
▼ + stars: | 2024-05-03 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

A new report says China's $229 billion military budget in 2022 was actually equivalent to $711 billion. AdvertisementIn June 2023, Sen. Dan Sullivan of Alaska warned Congress that China's military was catching up to America's faster than previously imagined. That makes Beijing's spending in 2022 "nearly equal" to the US defense budget of about $740 billion that year, wrote Eaglen, a senior fellow at AEI. Using that factor, Eaglen wrote that it's highly likely China's spending on personnel that year was worth $293 billion of US military spending. US military spending is also often cited as higher than the actual defense budget.

Persons: —, Sen, Dan Sullivan, Mackenzie Eaglen, Sullivan, Eaglen, haven't Organizations: AEI, Service, Republican, American Enterprise Institute, Pentagon, Beijing, United Nations, Labor, US Army, People's Armed Police, Liberation Army's, Publishing, Getty, China's, Guard Locations: Alaska, Beijing, Washington, China, Nanning, South, Guangxi Zhuang Autonomous, United States

☆ 4 ingredients to level up your pasta recipes
▼ + stars: | 2024-05-03 | by ( Karla Walsh | ) edition.cnn.com time to read: +12 min

With “Anything’s Pastable: 81 Inventive Pasta Recipes for Saucy People,” “I hope that people realize that there’s so much more than they can and should be putting on pasta,” Pashman said. Substitute 3 tablespoons prepackaged toasted rice powder for the 1 teaspoon oil and ¼ cup rice and skip step 1. In a large heatproof bowl, combine the shallots, ¼ cup cilantro, ¼ cup mint, scallions, chili flakes and sugar. Heat the remaining ¼ cup oil in the reserved skillet over high heat until just starting to smoke. Recipe adapted from “Anything’s Pastable: 81 Inventive Pasta Recipes for Saucy People” by Dan Pashman.

Persons: Dan Pashman, ”, Pashman, “, Harper Collins, ” Pashman, Alla, they’re, Pepe Chili Crisp, He’s, e pepe, Gan Ma, Jing, Dan Liberti, Caesar, Skip, James Park, Chili Crisp, Dan Liberti Dan Pashman’s Larb, browning, Karla Walsh, William Morrow Organizations: CNN, ”, Saucy, Ritz Crackers, Ritz, Sporkful, HarperCollins Publishers Locations: Italy, African, America, Thai, Des Moines , Iowa

☆ Biden presents Medal of Freedom to key political allies, civil rights leaders, celebrities and politicians
▼ + stars: | 2024-05-03 | by ( Michael Williams | Sam Fossum | ) edition.cnn.com time to read: +6 min

Washington CNN —President Joe Biden on Friday honored 19 Americans with the nation’s highest civilian honor, the Presidential Medal of Freedom - a diverse list that includes some high-profile Biden political allies, celebrities, civil rights leaders and even one of his former political rivals-turned-financial backer. The list included two of Biden’s core allies in the House of Representatives: former House Speaker Nancy Pelosi and South Carolina Rep. Jim Clyburn. President Joe Biden awards the Medal of Freedom to Democratic Rep. James Clyburn during a ceremony in the East Room of the White House on May 3, 2024 in Washington, DC. President Joe Biden presents the Presidential Medal of Freedom to Olympic swimmer Katie Ledecky during a ceremony at the White House in Washington, DC, on May 3, 2024. They are the pinnacle of leadership in their fields,” the White House said in the statement.

Persons: Joe Biden, Biden, Nancy Pelosi, Jim Clyburn, Pelosi, Donald Trump, “, ” Biden, “ Nancy, Paul, ” Clyburn, coalescing, Clyburn, James Clyburn, Kevin Dietsch, Jim, ”, Michael Bloomberg, Michelle Yeoh –, Barack Obama, Sen, Elizabeth Dole, Bob Dole, Al Gore –, John Kerry, George W, Bush, Gore “, Donald Trump’s, Kerry, Opal Lee, Medgar Evers, Frank Lautenberg, Jim Thorpe, Clarence B, Jones, Martin Luther King’s, Juneteenth, Judy Shepard, Matthew, Jane Rigby, Ellen Ochoa, Katie Ledecky, Phil Donahue, Greg Boyle, United Farm Workers Teresa Romero, Evelyn Hockstein, Simone Biles, John McCain, Gabby Giffords Organizations: Washington CNN, South Carolina Rep, Democratic, Representatives, Democratic Rep, White, New York, Bloomberg, Republican, Getty, Jesuit Catholic, United Farm Workers, Reuters “ Locations: South Carolina, Washington , DC, Florida, United States, North Carolina, Massachusetts, American, Delaware, Washington ,

☆ Japanese yen: How the currency’s record slump is squeezing the Japanese
▼ + stars: | 2024-05-03 | by ( Juliana Liu | ) edition.cnn.com time to read: +7 min

Higher interest rates in the United States and other countries mean investors can make bigger returns on investments there than they can in Japan. This encourages carry trades, in which investors borrow money in yen to invest it in higher-yielding assets priced in other currencies. That weakens the Japanese currency. A Big Mac costs 50% more in the next cheapest G10 currency, the New Zealand dollar, than it does in yen, he added. … and lots of drawbacksBut the falling yen has caused much pain at home and not just for small businesses like Japan Fraise.

Persons: hasn’t, Hiroko Ishikawa, “ It’s, ” Ishikawa, “, we’re, We’re, Himari Semans, That’s, ” Nigel Green, Kit Juckes, Warren Buffett, ” Sean Callow, ”, Sato Hitomi, Semans, I’ve, —, Laura He, Chris Lau Organizations: Tokyo CNN, US, Reserve, CNN, Nikkei, Bank of Japan, deVere, greenback, Labor, Societe Generale, New Zealand, Japan’s National Tourism Organization, Tokyo’s Locations: Hong Kong, Tokyo, Japan, United States, Sydney, Hawaii

Brown’s agreement will let students make their case and then have the Brown Corporation, the university’s governing body, vote on the matter in October. But Dr. Paxson’s initial offer did not include bringing a divestment proposal to a vote. That came after two university negotiators and six students involved with the Brown Divest Coalition, one of the groups behind the movement, reached a deal on Tuesday, the university and several students said. The agreement immediately gave the university control of its facilities in time to allow students to finish classes and hold in-person graduation ceremonies and an alumni reunion this month. One donor, an investor who has made sizable contributions to the university and describes himself as a supporter of Israel, said members of the administration had assured him that Brown wouldn’t ultimately divest from Israel.

Persons: William A, Marc Rowan, Christina H, Paxson, Brown, Brown wouldn’t Organizations: Wall Street titans, Democratic Party, Republican, Harvard University, University of Pennsylvania, Brown Corporation, Coalition Locations: Israel, Gaza

☆ Murders, imprisonment and violence: Threats to press freedom grow in Latin America
▼ + stars: | 2024-05-03 | by ( Esteban Campanela | Sol Amaya | ) edition.cnn.com time to read: +13 min

These are just the tip of the iceberg of the challenges faced by many media workers in Latin America, where experts say the status of press freedom is increasingly worrisome. The Prosecutor’s Office confirmed in a press conference that they believed the crime was linked to his journalistic work. Last week, the Mexican president criticized the US State Department’s report on human rights in the world, which refers to concerns over press freedom in Mexico, saying that US authorities should “be respectful”. In a publication in social network X, Cuban Foreign Minister Bruno Rodríguez said US officials are not concerned about the human rights of Cubans and that the United States has its own human rights violations. Nicaragua: Ortega-Murillo regime targets journalismHarassment of the press in Nicaragua has been widely reported on numerous occasions.

Persons: CNNE, Francisco Cobos, ”, Cobos, Andrés Manuel López Obrador, López Obrador, Enrique Peña Nieto, Felipe Calderón, Lourdes Maldonado López, Maldonado López, Séptimo Día, Roberto Figueroa, Xochitl Zamora, Lourdes Maldonado, Maldonado ´, Marco Ugarte, AP López Obrador, Andres Oppenheimer, Javier Milei, Lopez Obrador, Abraham Jimenez, Jimenez, civically, “, Miguel Diaz, Yamil Lage, Jiménez, Bruno Rodríguez, Ortega, Murillo, Juan Lorenzo Hollman Chamorro, Hollman Chamorro, Chamorro, Carlos Fernando Chamorro, Rosario Murillo, … provocateurs, Chávez, Vos, Chavez, ” Edgar López, López, Juan Pablo Lares, Maximiliano Bruzual, Ariana Cubillos, Nicolas, Maduro’s, Yván Gil, ” Jeannine Cruz, Gustavo Petro, Nayib Bukele, Gonzalo Zegarra, Rey Rodríguez, Manuela Castro, Ana María Cañizares, Ivonne, José Álvarez, Elvin Sandoval, Iván, Sarmenti, Español Organizations: CNN, Amnesty International, Protect Journalists, Univision, Televisa, Prosecutor’s, AP, CIA, Canel, Getty, Cuban Foreign, La Prensa, National Police, ”, El, Regional, Democracy, Nicaraguan, State Department, National College of Journalists, Venezuelan, TC Television, Communication, “ Locations: Mexico, Cuba, Venezuela, Nicaragua, Latin America, Mexican, American, Tamaulipas, McAllen , Texas, Tijuana, Morelos, Tijuana , Mexico, Spain, Cuban, Havana, AFP, United States, Costa Rica, El Confidencial, Managua, NIcaragua, Sur, Washington, Venezuelan, “, Caracas, ”, Ecuador, Guayaquil, America, Argentina, Colombian

☆ There are 23 artists who have been featured on a Taylor Swift song — here they all are
▼ + stars: | 2024-05-03 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +1 min

Colbie CaillatColbie Caillat and Taylor Swift backstage at the 2008 American Music Awards. Michael Buckner/Getty Images for AMASongs: "Breathe," "Breathe (Taylor's Version)"Albums: "Fearless," "Fearless (Taylor's Version)"Backstory: Colbie Caillat, best known for hits like "Bubbly" and "Lucky," was the first artist ever to be featured on a Taylor Swift album after the two singers met in Nashville. In 2021, when Swift announced that "Fearless" would be her first rerecorded album, fans were thrilled that Caillat had also returned to rerecord her vocals. "Singing it again reminded me what a beautiful song it is, and that we can all relate to it at different times in our lives," she added. "I know this is a special song for Taylor."

Persons: Colbie Caillat Colbie Caillat, Taylor Swift, Michael Buckner, Colbie Caillat, Taylor, Caillat, Swift Organizations: Getty Locations: Nashville

— Warren Buffett's annual shopping event, the pregame to Berkshire Hathaway 's annual meeting, is wowing shareholders flocking here this weekend. JazwaresSquishmallow pit at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nevada on May 3, 2024. Sarah Min | CNBCSome highlights include the latest Squishmallows toys for Buffett and Charlie Munger, a splashy Squishmallows pit, as well as other displays. Poor Charlie's AlmanackCharles Munger remembrance ahead of the Berkshire Hathaway Annual Shareholders Meeting at Omaha, Nevada on May 3, 2024. Sarah Min | CNBCThe Bookworm only had one book to sell this year: "Poor Charlie's Almanack: The Essential Wit and Wisdom of Charles T.

Persons: Warren Buffett, Charlie Munger, Sarah Min, — Warren, Berkshire Hathaway, Brooks, Buffett, Charles Munger, Charles T, Munger, Haslam, Warren Buffett's Berkshire Hathaway, CNBC Brooks Organizations: Berkshire Hathaway, CNBC OMAHA, Berkshire, CHI, CNBC, CNBC Jazwares, Berkshire Hathaway's, FlightSafety, CNBC Berkshire, Travel Centers, Procter & Gamble Locations: Omaha , Nebraska, Neb, Omaha , Nevada, Berkshire, North America, Brooks, Queen

☆ From Australia to the UK: Where pro-Palestinian university protests are happening around the world
▼ + stars: | 2024-05-03 | by ( Helen Regan | ) edition.cnn.com time to read: +10 min

Here’s a look at some of the pro-Palestinian campus protests around the world. AustraliaOver the past few weeks, pro-Palestinian protest camps have appeared in at least seven universities across Australia. FranceIn Paris, pro-Palestinian protests erupted at the Sciences Po university and the Sorbonne university in late April. At McGill University in downtown Montreal, pro-Palestinian student protesters have set up an encampment on the front lawn. On May 2, a Quebec Superior Court judge rejected an injunction request that would have forced the pro-Palestinian protesters to leave their encampment.

Persons: Hilary Whiteman, ”, Owen Humphreys, Miguel Medina, Emmanuel Macron, ” Louise, ” Samuel Lejoyeaux, “ I’ll, “, India Eric Garcetti, Christinne, Oliver Marsden, ” Ali Organizations: CNN, New York’s Columbia University, Portland State, UCLA, United Nations, The University of Queensland, Students for Palestine, Palestine, University of Sydney, Sydney, United, United Kingdom Pro, Newcastle University, Newcastle University’s, ”, Sciences Po, Sorbonne, . Riot, Sorbonne University, Getty Images Sciences, Columbia University, Columbia, Harvard, Yale, UNC, Vanderbilt, “, Union of Jewish Students of France, Le Monde, CRS, Jawaharlal Nehru University, Jamia Milia Islamia University, BJP, Bharatiya Janata Party, Communist Party, ’ Federation of India, At McGill University, Palestinian, Israel . Mounted, McGill University's, University of Toronto’s, University of British, CBC News, Reuters, American University of Beirut, American University of, Getty Locations: Gaza, United States, Europe, Asia, Israel, Gaza’s Rafah, Australia, Brisbane, United Kingdom, Newcastle, England, Leeds, Bristol, Warwick, Britain, France, Paris, Palestine, AFP, de, India, New Delhi, Columbia, Jamia, Canada, Montreal, Quebec, University of British Columbia, Vancouver, Lebanon, American University of Beirut, Beirut

☆ Campus Protests After Day of Arrests, Demonstrations Appear More Muted
▼ + stars: | 2024-05-03 | by ( John Yoon | ) www.nytimes.com time to read: +5 min

Image Students at Rutgers University’s campus in New Brunswick, N.J., dismantled their tents on Thursday. But he also indicated that talks the administration had begun holding with student protesters on Wednesday had been fruitful. The move at Rutgers follows similar deals that Brown University and Northwestern University struck earlier this week to end encampments there. Some Jewish groups voiced outrage about those agreements, calling them a capitulation to demonstrators who had created a hostile environment on campus. She noted that the deal had been reached without any arrests on campus, unlike at some other universities across the country where violence has erupted.

Persons: Mary Ann Koruth, Jonathan Holloway, Dr, Holloway, kaffiyehs, Hana Hassan, Hassan, “, ”, Todd Wolfson, Mr, Wolfson Organizations: Rutgers University’s, ., Content Services, Palestinian, Rutgers University, Rutgers, Brown University, Northwestern University, University of Florida, Hillel International, Jewish, University, New, Tel Aviv University, New Brunswick campus’s, Justice, U.S . Education Department, university’s Center, Islamic Locations: New Brunswick, N.J, Israel, Middle, Voorhees, Palestine, New Jersey

☆ The Job Market Shifted Into Lower Gear
▼ + stars: | 2024-05-03 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

After a winter of rapid growth in the American labor market, April’s jobs numbers delivered a more mixed picture. Employers added 175,000 positions, less than economists had expected and well below the average over the last year; and the unemployment rate climbed to 3.9 percent. “But really, the slowdown shouldn’t be a big surprise, and isn’t particularly worrisome.”Layoffs remained low and most job sectors appeared stable. Wage growth eased notably, though the unemployment rate remained under 4 percent for the 27th consecutive month — the longest stretch in more than 50 years. In fact, some economists said that the April data offered hopeful hints that the economy was headed toward a more stable footing.

Persons: We’ve, Ben Casselman, “, ” Ben Organizations: Federal Reserve

☆ Ukrainians on pickup trucks are using machine guns designed in WWI to stop Russian drones
▼ + stars: | 2024-05-03 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +1 min

A Ukrainian unit is using century-old US guns to target Russian drones and planes. One unit is using cheaper M2 Brownings, which were developed in 1918, the last year of World War I. AdvertisementUkrainians are putting machine guns first designed in the US at the end of World War I on the back of pickup trucks to try to shoot down Russian drones and spy planes. Soldiers in Ukraine's 117th Territorial Defense Brigade are using guns, including the M2 Browning, to try to take down Russia's Shahed drones, the Kyiv Independent reported. The M2 was used by American forces in World War II, and is still used by some today, but it was initially developed in 1918, the last year of World War I.

Persons: — Organizations: Service, Ukraine's 117th Territorial Defense Brigade, Kyiv Independent, Business Locations: Ukraine, Ukraine's, Kyiv

☆ The top 5 countries where companies are scooping up American tech workers
▼ + stars: | 2024-05-03 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +1 min

Companies around the world are eager to hire U.S. tech talent, and Americans are making moves. Of all the countries in the world, the U.S. has the second-highest number of tech workers working abroad in foreign countries, according to a new tech migration report from Deel, a global HR and payroll company. 1 India, which has the highest number of expat tech workers, and No. As far as where Americans are going, the top countries hiring and relocating U.S. tech workers are:Great Britain Germany Canada Netherlands SpainBy job, U.S. tech workers moving abroad are most likely to work in software development, product and operations. There's a "spirit of innovation" among American tech workers that global leaders want to bring to their businesses, she adds.

Persons: Masha Sutherlin Organizations: Google, U.S Locations: U.S, Deel, India, Britain, Britain Germany Canada Netherlands Spain, There's

☆ The portfolio manager whisperers
▼ + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +24 min

AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.

Persons: Taylor Swift, Travis Kelce, Goldman Sachs, —, That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, —, Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny

☆ Trump Media's auditor charged with 'massive fraud' by SEC
▼ + stars: | 2024-05-03 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Trump Media's auditor, BF Borgers, committed fraud in 1,500 filings, the SEC said. "Trump Media looks forward to working with new auditing partners," a spokesperson said. AdvertisementThe Securities and Exchange Commission on Friday charged accounting firm BF Borgers and its owner, Benjamin Borgers, with "massive fraud." "Trump Media looks forward to working with new auditing partners in accordance with today's SEC order," a TMTG spokesperson told Business Insider. AdvertisementDespite losing money and being cagey about how its user base compares to its social media rivals, Trump Media is now valued at over $6.3 billion.

Persons: Trump, BF Borgers, —, Benjamin Borgers, Donald Trump's, Borgers, BF, Grewal Organizations: BF, SEC, Trump Media, Service, Securities, Exchange Commission, Trump Media & Technology, Bloomberg, Public Company, American Institute of Certified Public Accountants, Business, Truth

☆ Trump trial resumes after infamous Cohen phone call tape is played for jury
▼ + stars: | 2024-05-03 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Former U.S. President Donald Trump attends the first day of his trial for allegedly covering up hush money payments at Manhattan Criminal Court on April 15, 2024 in New York City. The lawyer, Keith Davidson, negotiated six-figure hush money deals for porn star Stormy Daniels and former Playboy model Karen McDougal ahead of the 2016 presidential election. On the night Trump won that election, Davidson texted the Enquirer's then-editor in chief, "What have we done?" But he added that he and the top editor, Dylan Howard, understood at the time that "our activities may have in some way assisted the presidential campaign of Donald Trump." Jurors heard a recording of Trump saying asking Cohen, "So what do we got to pay for this — 150?"

Persons: Donald Trump, Keith Davidson, Stormy Daniels, Karen McDougal, Trump, Daniels, Attorney Alvin Bragg, Judge Juan Merchan, Merchan, Davidson, Trump's, Michael Cohen, David Pecker, Dylan Howard, Douglas Daus, Cohen, McDougal Organizations: U.S, Manhattan Criminal, Prosecutors, New, Trump, Manhattan, Attorney, National Enquirer, American Media Locations: New York City, New York

☆ European court says Italy is the rightful owner of Getty Museum bronze statue
▼ + stars: | 2024-05-03 | by ( Barbie Nadeau | ) edition.cnn.com time to read: +3 min

Rome CNN —Italy has the right to confiscate a life-size bronze statue dating back to the second or third centuries B.C. The ruling came after the Getty Museum asked the European Court of Human Rights to intervene following a 2018 Italian court decree that the bronze statue should be confiscated and returned to Italy. The contested statue is being held at the Getty Villa Museum in Malibu, Los Angeles. Rolf_52/Alamy Stock PhotoThe Getty Museum does not agree with the latest ruling. Italy will now work with US authorities to return the statue, a spokesperson for the cultural ministry told CNN.

Persons: Rome, Paul, Lysippos, “, Getty, Gennaro Sangiuliano, ”, It’s, ” Maurizio Fiorilli Organizations: Rome CNN —, Paul Getty Villa Museum, European, of Human, Getty Museum, of Human Rights, The Getty Museum, Cultural Heritage Ministry, Getty Villa Museum, Getty, American, of Culture, Louvre Museum, Minneapolis Museum, CNN Locations: Rome CNN — Italy, Los Angeles , California, Italian, Italy, ”, Malibu , Los Angeles, Greece, Strasbourg, Italian State, Marche, Stabia

☆ Live Updates: The April Jobs Report
▼ + stars: | 2024-05-03 | by ( Lydia Depillis | ) www.nytimes.com time to read: +2 min

PinnedIt’s been a hot spring for the American labor market, and while the summer forecast is milder, it’s not clear when the cool-down will begin. The last three months have seen an upswing in job creation, bending what had been a bumpy but definite downtrend since the post-pandemic resurgence. Does that mean the labor market is taking off again without ever having touched down? Workers are quitting their jobs at even lower rates than they were in 2019. “You don’t have that cost of onboarding and starting over again if you can hold on to them.”

Persons: It’s, ”, Stephen Brown, Belinda Román, “ Organizations: Labor Department, North, Capital Economics, Institute for Supply Management, National Federation of Independent, Workers, St, Mary’s University Locations: North America, San Antonio

☆ Election Updates: Biden and Trump tussle over the economy with the new jobs report.
▼ + stars: | 2024-05-03 | by ( Shane Goldmacher | ) www.nytimes.com time to read: +2 min

The latest employment report on Friday showing a lower-than-forecast 175,000 new jobs across the country in April became immediate fodder for the 2024 presidential race. The monthly jobs report is likely to be quickly forgotten in the campaign. But the biggest impact could be on the Federal Reserve, which sets interest rates in the country. Mr. Trump himself appears to be closely tracking the rate decisions of the Federal Reserve. At the Manhattan courthouse on Thursday, Mr. Trump said, “Interest rates are obviously not going to be reduced prior to the election because inflation is roaring back.”

Persons: Donald J, Trump, Biden, Biden’s, Jerome H, Powell, ” Organizations: White, Federal Reserve, The New York Times, Siena College, Mr Locations: New York, Manhattan

☆ U.S. Employers Added 175,000 Jobs in April
▼ + stars: | 2024-05-03 | by ( Lydia Depillis | ) www.nytimes.com time to read: 1 min

The American job market may be shifting into a lower gear this spring, a turn that economists have expected for months after a vigorous rebound from the pandemic shock. Employers added 175,000 positions in April, the Labor Department reported Friday, undershooting forecasts. The unemployment rate ticked up to 3.9 percent. “It’s not a bad economy; it’s still a healthy economy,” said Perc Pineda, chief economist at the Plastics Industry Association. We cannot continue robust growth indefinitely considering the limits of our economy.”

Persons: It’s, ”, Perc Pineda, “ Organizations: Labor Department, Plastics Industry Association

We were cleared as we knew we would be.”HISA investigated the deaths at Churchill and Saratoga and concluded that several factors, including frequency of high-intensity exercise, likely contributed. Some of the horses who died received corticosteroid injections in their joints within 30 days of racing. At its center was a veterinarian and drug compounder named Dr. Seth Fishman, who bragged on wiretaps about “having a relationship with top trainers and top owners” in the horse racing world. “What I’m trying to say is anytime you give something to a horse, that’s doping. agent posing as a New Jersey racing official pulled samples from a group of horses and sent them to a Hong Kong laboratory considered one of the finest in the world.

Persons: ” Mr, Joseph, “, ” HISA, HISA, compounder, Seth Fishman, Dr, Fishman Locations: Churchill, Saratoga, Florida, New Jersey, Hong Kong

☆ Making the power grid 'smart' could save us all money and prevent blackouts. Chattanooga made the $280 million investment.
▼ + stars: | 2024-05-02 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +13 min

Chattanooga's utility built a $280 million smart grid, creating $2.7 billion in economic value. The local utility, called EPB of Chattanooga, spent $280 million to refurbish its power system with smart technologies to make a "smart grid." The traditional power grid carries electricity from a power plant to homes and commercial buildings. Smart grids can bring huge economic benefitsEven Congress knows the nation needs a smart grid. Though a smart grid requires a big up-front investment, it can save a lot of money down the line.

Persons: —, That's, Tiago Majuelos, Monika Skolimowska, Kevin Schneider, Schneider, Joshua Rhodes, David Wade, EPB, Wade, Taylor, David Swanson, We're Organizations: Infrastructure, Service, Chattanooga Smart, US Department of Energy, Wall Street, Getty, Pacific Northwest National Laboratory, American Society of Civil Engineers, University of Texas, Department of Energy, C Electric Company, BI, Reuters, Nationwide Locations: Chattanooga , Tennessee, Chattanooga, Tennessee, EPB, California, Austin, Hamilton County, Palm Springs , California, Columbia, Southern California

Search resuls for: "American"

25 mentions found