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☆ Prosecutors investigating Rust shooting intend to bring involuntary manslaughter charge against Alec Baldwin before a grand jury
▼ + stars: | 2023-10-17 | by ( Chloe Melas | ) www.cnbc.com time to read: +3 min

New Mexico prosecutors intend to recharge actor Alec Baldwin with involuntary manslaughter in connection with the fatal 2021 "Rust" shooting, two sources familiar with the matter tells NBC News. The source adds that Baldwin's case will be brought before a grand jury in mid-November. When the involuntary manslaughter charges were dropped earlier this year, prosecutors said the gun might have been modified before the shooting and malfunctioned. A gun analysis report commissioned by the special prosecutors released in August found that the gun had not been modified. The film's armorer, Hannah Gutierrez Reed, was also charged in January with involuntary manslaughter.

Persons: Alec Baldwin, Halyna Hutchins, Kari Morrissey, Jason Lewis, Baldwin, Mr, Joel Souza, George Stephanopoulos, Hannah Gutierrez Reed, Reed, Jason Bowles, Bowles, Luke Nikas, Hutchins Organizations: New, NBC News, ABC News, CNN Locations: New York, New Mexico

☆ Sam Bankman-Fried was a horrible manager, says 'Big Short' author Michael Lewis
▼ + stars: | 2023-10-02 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Sam Bankman-Fried was a "horrible" manager, Michael Lewis told "60 Minutes." Lewis is the author of "Going Infinite," a new book about Bankman-Fried, which is set for release on Tuesday. AdvertisementAdvertisementSam Bankman-Fried was a "horrible" manager, according to author Michael Lewis, who has written a new book about the cofounder of failed crypto exchange FTX. He told Lewis FTX didn't really have a board. And there was nobody there to say, like, 'Don't, don't do that,'" the author added.

Persons: Sam Bankman, Fried, Michael Lewis, Lewis, SBF's, —, Bankman, Lewis FTX didn't, it's, FTX, George Stephanopoulos Organizations: Service, CBS, ABC News, Bankman

☆ Biden campaign will not concentrate on Trump's legal woes, aide says
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +1 min

U.S. President Joe Biden convenes the fourth virtual leader-level meeting of the Major Economies Forum (MEF) on Energy and Climate at the White House in Washington, U.S., April 20, 2023. REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsAug 27 (Reuters) - U.S. President Joe Biden's 2024 re-election campaign will not concentrate on the legal cases against Republican front-runner Donald Trump, who faces four sets of criminal charges, a top Biden campaign aide said on Sunday. "We're not going to focus on Donald Trump's legal problems," Biden campaign co-chair Cedric Richmond told ABC's "This Week With George Stephanopoulos" program. In most opinion polls, Trump holds a nearly 40-point lead against his rivals for the Republican nomination to challenge Biden, the Democrat who defeated him in 2020. Reporting By Arshad Mohammed in Saint Paul, Minn.; editing by Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Kevin Lamarque, Joe Biden's, Donald Trump, Trump, president's, We're, Donald Trump's, Biden, Cedric Richmond, ABC's, George Stephanopoulos, Arshad Mohammed, Grant McCool Organizations: Major Economies, White, REUTERS, Republican, Biden, Democrat, Thomson Locations: Energy, Washington , U.S, Atlanta, U.S, Georgia, Fulton County, Saint Paul, Minn

☆ Why the first European paintings of Australian animals look so alien to our eyes
▼ + stars: | 2023-08-24 | by ( Janelle Evans | University Of Melbourne | ) edition.cnn.com time to read: +6 min

To our modern eyes, the paintings lack the vitality and strength of the animals we are familiar with in Australia. So why did his paintings of the dingo and kangaroo — some of the earliest European representations of Australian animals — look so strange? "Pumpkin with a Stable-lad," a 1774 George Stubbs painting of the racehorse Pumpkin. But Stubbs’ kangaroo more closely resembles the rat-like Gerbua of Banks’ description than the creature we know today. My paintings of unfamiliar landscapes in Scotland and Ireland always seem to depict trees that look like eucalypts.

Persons: Joseph Banks, George Stubbs, Stubbs, ’ Stubbs, Banks, King George III, James Cook, “, King, ”, Sydney Parkinson, Kharbine, Captain James Cook, it’s, Janelle Evans Organizations: CNN, England, Endeavour, Royal, Society of Artists, Victorian College of the Arts, Faculty of Fine Arts and Music, The University of Melbourne, Creative Locations: England, Australia, Tahiti, Great Britain, London, Nations, Banks, Scotland, Ireland

Coles and Woolworths sell two-thirds of Australian groceries by dollar value, and are seen as bellwethers of consumer behaviour. Full-year NPAT of Woolworths is seen rising to A$1.74 billion from A$1.51 billion, and for Wesfarmers to A$2.47 billion from A$2.35 billion last year. Woolworths and Wesfarmers report annual results on Aug. 23 and Aug. 25, respectively. They added that rising operating costs are a headwind for retail companies, but focus will be on how these costs are managed. Reporting by Himanshi Akhand and John Biju in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

Persons: Daniel Munoz, Jefferies, Coles, Tim Waterer, Himanshi Akhand, John Biju, Rashmi Organizations: REUTERS, Coles Group, Woolworths, KCM Trade, Kmart, Coles, UBS, Thomson Locations: Sydney's, Australia, Bengaluru

☆ Carbon storage is gaining favor. These are the companies investors need to know
▼ + stars: | 2023-08-15 | by ( Alex Harring | ) www.cnbc.com time to read: +8 min

Carbon capture, utilization and storage processes have been around for half a decade, but are currently gaining momentum. Some focus on modifying already-standing power as well as industrial plants that work on carbon capture. Put more succinctly, Deutsche Bank analyst James Hubbard called carbon capture "simple in theory" but "capital intensive and divisive" in reality. He also noted the company has one of the industry's largest carbon capture positions. Staphos cited the potential of its carbon capture operations as a long-term reason to be optimistic, even as its more traditional end-market, homebuilding, faces near-term pressure.

Persons: CCUS, Worley, Wood MacKenzie, Goldman Sachs, Jan Hatzius, Hatzius, James Hubbard, Goldman's Brian Singer, Baker Hughes, Goldman, Ati Modak, hasn't, Stephens, Mike Scialla, Scialla, George Staphos, Staphos, — CNBC's Michael Bloom Organizations: Big, International Energy Agency, U.S . Department of Energy, Battelle, Carbon Technologies, Occidental Petroleum, Carbon Engineering, Energy, Deutsche Bank, Wall Street, Occidental Petroleum . Energy, Baker, Occidental, of Energy, Bank of America, Weyerhaeuser, Bloom Energy, CF Industrial, Honeywell, KBR, Linde, Nutrien, Teledyne, Refinitiv Locations: Vermont, stoke, Maui, Big Tech, Texas, Louisiana, Carbon Technologies . Texas, Kleberg County, Rio Grande, Denmark, Switzerland, Union, Occidental, Boise, Pacific

☆ Breaking Down the Worst Earnings Quarter in Years
▼ + stars: | 2023-08-06 | by ( Peter Santilli | George Stahl | ) 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/breaking-down-the-worst-earnings-quarter-in-years-74199fb6

Persons: Dow Jones, 74199fb6

☆ Australia retail sales extend losing stretch to a third quarter
▼ + stars: | 2023-08-03 | by ( Wayne Cole | ) www.reuters.com time to read: +3 min

REUTERS/Daniel Munoz/file photoSYDNEY, Aug 3 (Reuters) - Australian retail sales volumes fell again in the June quarter as cost of living pressures and rising borrowing costs ate into consumer spending power, hampering economic growth and weakening the case for further interest rate hikes. Data from the Australian Bureau of Statistics on Thursday showed real retail sales fell 0.5% in the second quarter to A$35.2 billion ($23.02 billion), matching analyst forecasts. "The widespread fall in sales volumes reflects what retailers have been telling us about consumers focusing on essentials, buying less or switching to cheaper brands," said Ben Dorber, ABS head of retail statistics. Since sales account for around 17% of gross domestic product, the drop will weigh on economic activity and analysts expect barely any growth in the quarter. Thursday's data showed retail prices rose 0.9% in the second quarter, up from 0.7% the previous quarter.

Persons: Daniel Munoz, Ben Dorber, Alan Oster, Oster, Wayne Cole, Muralikumar Anantharaman, Simon Cameron, Moore Organizations: REUTERS, Australian Bureau, Statistics, Reserve Bank of Australia, NAB, Thomson Locations: Sydney's, Australia

☆ Mark Zuckerberg posts shirtless pic looking chiseled with two MMA fighters amid Elon Musk cage match talk
▼ + stars: | 2023-07-11 | by ( Will Gendron | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg just posted a shirtless photo of himself training with two MMA legends. What started as Twitter jabs have turned into rumors of a cage fight between Zuck and Elon Musk. Neither tech billionaire has denied the possibility, instead broadcasting their MMA training. Need more evidence that Mark Zuckerberg has been feeling himself lately? This is serious business," Adesanya captioned the three-slide post, alluding to the chatter of a potential cage fight between him and Elon Musk.

Persons: Mark Zuckerberg, Elon Musk, Israel Adesanya, Alex Volkanovski, Mark, Adesanya, Volkanovski, Musk, George St, Pierre, Zuckerberg, Clive Mason, — Dana White Organizations: Zuck, Morning, UFC, Twitter, Getty Locations: Israel

☆ Danny McBride Keeps It Righteous
▼ + stars: | 2023-06-14 | by ( Austin Considine | ) www.nytimes.com time to read: +1 min

The party started early. Like, 10:30 a.m., still-drinking-lousy-hotel-coffee early. I did not expect him to arrive in a fully stocked party bus with several of his closest associates, including his longtime collaborator David Gordon Green, though in retrospect perhaps I should have. On cue, his wife, Gia, an art director, furnished a bottle of Código 1530. “This is George Strait’s tequila!” McBride beamed, and a look ping-ponged around the bus that asked, “Too early?”It was not too early.

Persons: Danny McBride, David Gordon Green, Walton Goggins, Baby Billy, McBride, Goggins, “, Gia, George Strait’s Organizations: South Carolina Lowcountry Locations: South Carolina, Charleston, Los Angeles

☆ Up to 1.7 billion T. rex dinosaurs lived on Earth, a new study found. But scientists aren't sure where all the bones went.
▼ + stars: | 2023-05-27 | by ( Erin Heger | ) www.businessinsider.com time to read: +5 min

New calculations suggest that 1.7 billion T. rexes lived on Earth from 65.5-68 million years ago. This dichotomy between how many T. rexes lived and how few fossils we have of them shows us just how rare fossilization is and how much more we have to learn about these majestic creatures. Warpaintcobra/Getty ImagesMarshall was the lead author of an earlier study that estimated 2.5 billion T. rexes once roamed Earth. Of the roughly 1.7 billion, or so, T. rexes who roamed our planet, scientists have only uncovered a few hundred fossils, equating to fewer than 100 total dinosaurs. Despite their prime conditions for fossilization, if Giebeler's calculations are correct, scientists have only found about 0.0000002% of the T. rex that lived on Earth.

But he'll stay home on Election Day should Trump win his party's nomination to take on Joe Biden in 2024. In Pennsylvania and Michigan, the size of the Ukrainian-American community outstrips Trump's margin of victory in 2016, according to the analysis. During a CNN town hall last week, Trump refused to say if he wanted Ukraine to win its war with Russia, when questioned about the conflict. Neither politician responded to requests for comments about the Ukraine war, nor did the Republican National Committee. Democratic U.S. Representative Susan Wild, who won Stawnyczyj's district by less than 5,000 votes in 2022, said that courting the Ukrainian-American vote would be crucial.

☆ Former Google CEO Eric Schmidt says those in AI industry have to 'make sure' the technology 'doesn't harm but just helps'
▼ + stars: | 2023-04-02 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +3 min

AI Technology has advanced rapidly and gained popularity in recent years. Former Google CEO Eric Schmidt told ABC News the technology has promise, but there are concerns. He said the industry has to work to find "guardrails" to prevent negative impacts on democracy. Schmidt, who was Google's CEO from 2001 to 2011 and the company's executive chairman from 2011 to 2015, laid out the promise and peril of AI technology during the interview. The tech leader said the entire industry needs to come together to figure out appropriate "guardrails" because the technology is only going to get bigger.

☆ ABC News staffers were stunned at the departures of veteran colleagues and 'outraged' about how the exits were handled
▼ + stars: | 2023-04-01 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +6 min

Some ABC News staff were in tears on Thursday after layoffs of respected news veterans. Kim Godwin has made positive changes as ABC News president and has faced a string of complex situations. ABC News staffers are in shock over the departure of multiple senior-level colleagues, most notably Wendy Fisher, SVP news gathering. ABC News alone lost 50 staffers on Thursday as part of the slim-down and a leadership reorganization by division President Kim Godwin. A second ABC News insider said it was unprecedented to dismiss longtime veterans in such a manner.

☆ Prosecutors in Alec Baldwin 'Rust' shooting case are getting heat over apparent missteps
▼ + stars: | 2023-03-06 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +9 min

The charges stem from the October 2021 shooting death of cinematographer Halyna Hutchins during the filming of independent film "Rust." She won the race in November but stayed on the "Rust" case. In September, Torraco donated $250 to Reeb's campaign, assuming that if Reeb won the legislative race, she would automatically recuse herself frocrat, andm the "Rust" case. Media circusThe case has received significant media attention, which has persisted due to Baldwin and the prosecutors' press communication. Beyond that, Heather Brewer, the DA's spokesperson specifically hired for the "Rust" case, has made several heated statements about Baldwin and his attorneys on behalf of the DA's office.

☆ GOP Sen. Dan Sullivan says it's a 'huge hypothetical' whether Trump will be indicted while running for president, but he plans to support whoever gets the Republican nomination
▼ + stars: | 2023-03-05 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Sen. Dan Sullivan said whether Trump gets indicted as he runs for president is a "huge hypothetical". Without endorsing or refusing Trump, Sullivan said on ABC News he plans to support the GOP nominee. "I think what's happening, though, within the Republican Party right now, in terms of presidential candidates, is healthy, right?" "We not only have President Trump, but we have a number of other, I think, very qualified candidates who are throwing their hat in the ring." "I think you're going to see some others throwing their hat in the ring very soon," Sullivan said on "This Week".

☆ AI like ChatGPT amplifies 'darkest aspects of human nature,' Pinterest CEO warns
▼ + stars: | 2023-02-22 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Pinterest CEO Bill Ready warned that emerging AI tech could accelerate the negative impact of social media on mental health. During an interview with "Good Morning America," the CEO said that AI amplifies the "darkest aspects of human nature." The Pinterest CEO made the comments during a recent interview with "Good Morning America." "Interestingly, the discussion has been that this is just human nature — the social media platforms are just reflecting human nature — but in reality AI has been amplifying the darkest aspects of human nature," he said. Ready is far from the first executive to sound the alarm on emerging AI technology.

☆ Chris Christie says it was a 'big mistake' for the GOP to 'rise to the bait' and heckle Biden during the State of the Union address
▼ + stars: | 2023-02-13 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Christie called it a "big mistake" for the GOP to heckle Biden at the State of the Union. Christie said that by booing Biden, Republicans were falling for the president's "bait." A better response from the GOP, Christie said, would have been to laugh and move on. Chris Christie said it was a mistake for Republicans to heckle President Joe Biden during his State of the Union address. And they did, a number of them did, and it was a big mistake," Christie told ABC's George Stephanopoulos on Sunday.

☆ Debt talks can include everything but cuts to Social Security and Medicare, Republicans say
▼ + stars: | 2023-02-12 | by ( Katharine Jackson | ) www.reuters.com time to read: +1 min

WASHINGTON, Feb 12 (Reuters) - Republicans say they would not cut Social Security and Medicare programs but "everything else is on the table" in talks over raising U.S. government borrowing limits, House Oversight Committee Chair James Comer said on Sunday. But at the end of the day, those programs are going to be off the table with respect to cuts, but everything else is on the table," Comer said in an interview on ABC's "This Week with George Stephanopoulos." But as that deadline looms, Republican lawmakers and President Joe Biden are locked in a disagreement over the path to raising the borrowing limit. Biden says he would not negotiate over raising it, while Republicans say they would not agree to raise it without spending concessions. Reporting by Katharine Jackson; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ Banning TikTok in the US 'should be looked at,' says Chuck Schumer
▼ + stars: | 2023-02-12 | by ( Michelle Toh | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —A proposal to ban TikTok in the United States “should be looked at,” according to US Senator Chuck Schumer. “We do know there’s Chinese ownership of the company that owns TikTok. TikTok is owned by ByteDance, one of the most valuable private companies in China. US officials have raised concerns that China could use its laws to pressure TikTok or ByteDance to hand over US user data that could be used for intelligence or disinformation purposes. Those worries have prompted the US government to ban TikTok from official devices, and more than half of US states have taken similar measures, according to a CNN analysis.

☆ Failure to raise U.S. debt ceiling would lead to 'economic and financial catastrophe,' Yellen says
▼ + stars: | 2023-02-06 | by ( Chelsey Cox | ) www.cnbc.com time to read: +1 min

The U.S. government risks "economic and financial catastrophe" if the House fails to pass a bill to raise the $31.4 trillion debt ceiling, Treasury Secretary Janet Yellen said Monday. The Treasury Department under Yellen has taken several temporary measures to help the government avoid default. "And every responsible member of Congress must agree to raise the debt ceiling." The Treasury Secretary said the House has always fulfilled its duty to raise the limit though it has sometimes "gone up to the wire." House Speaker Kevin McCarthy announced that he will deliver an address on the debt ceiling Monday at 5:30 p.m.

☆ What CEOs Are Saying: 2023 ‘Is the Year of Efficiency’
▼ + stars: | 2023-02-04 | by ( George Stahl | ) www.wsj.com time to read: 1 min

Here is what some of the world’s corporate leaders said this week about business and consumer spending, the supply chain and other topics. Meta Platforms Inc. Chief Executive Mark Zuckerberg:“I want to discuss my management theme for 2023, which is the year of efficiency. We closed last year with some difficult layoffs and restructuring some teams, and when we did this, I said clearly that this was the beginning of our focus on efficiency and not the end. And since then, we’ve taken some additional steps.” (Feb. 1)

☆ What CEOs Are Saying: ‘The Consumer Is Under Pressure’
▼ + stars: | 2023-01-28 | by ( George Stahl | ) www.wsj.com time to read: 1 min

Here is what some of the world’s corporate leaders said this week about the economy, inflation and the labor market, among other topics. Microsoft Corp. Chief Executive Satya Nadella:“A few things are increasingly clear. Just as we saw customers accelerate their digital spend during the pandemic, we are now seeing them optimize that spend. Also, organizations are exercising caution given the macroeconomic uncertainty. And the next major wave of computing is being born as we turn the world’s most advanced AI models into a new computing platform.” (Jan. 24)

SANTA FE, N.M. — Prosecutors said Thursday they knew “pretty close to the beginning” of their probe into the fatal shooting of “Rust” cinematographer Halyna Hutchins that criminal charges would be filed. Prosecutors announced Thursday that Baldwin and Gutierrez-Reed will each face two counts of involuntary manslaughter. Baldwin was criminally responsible as both the alleged shooter and the “Rust” producer who should have had oversight on safety, officials said. Alec Baldwin practicing a scene with a revolver on the set of the Western "Rust" before cinematographer Halyna Hutchins was fatally shot. Prosecutors declined to say if they offered Baldwin a chance to plead guilty in exchange for his testimony.

Oscar-nominated actor Alec Baldwin was charged with involuntary manslaughter in the fatal shooting of cinematographer Halyna Hutchins on the New Mexico set of the Western movie “Rust,” prosecutors said Thursday. "Rust" first assistant director, David Halls, has agreed to plead guilty to negligent use of a deadly weapon, according to Carmack-Altwies' office. Baldwin was rehearsing with a pistol for a scene set inside a church when the gun went off, killing Hutchins and wounding the director, Joel Souza. Jae C. Hong / AP fileIn early October, Hutchins’ husband reached a settlement in his wrongful death lawsuit against the producers of “Rust,” including Baldwin. Souza is expected to return as the director when filming picks back up this month.

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