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☆ Barbie who? Gen Alpha kids 'obsessed' with skin care could fuel holiday spending
▼ + stars: | 2023-11-09 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +9 min

Instead, something unexpected made it to the top of the list this year: skin care. During the crucial holiday shopping season this year, Gen Alpha's fascination with skin care is expected to fuel a boon in sales. Beauty – two brands that have used TikTok to win over young consumers – also said they expect sizable sales this holiday from parents looking for gifts for their Gen Alpha kids. She said her daughter's interest in skin care is "great," and better than playing around with makeup. He coined the term Gen Alpha and is considered a leading expert on the generation.

Persons: Melissa Fuentes, Tatiana, Fuentes, …, Gen, Ulta, Monica Arnaudo, Melissa Repko, –, We've, Shai Eisenman, Bubble's, Tarang Amin, It's, Amin, Piper Sandler, That's, Rick Aaron, Allie, Katie, Aaron, Rick Aaron's, it's, Marley, Rose, me Marley, she'll, Karla Joseph, skincare, Karla Joseph She, Joseph, she's, Amy Wechsler, Wechsler, Johnson, Jodi Gralnick, CNBC Wechsler, Alpha, Mark McCrindle Organizations: CNBC, YouTube, America's, Alpha, Walmart Locations: Coral Springs , Florida, serums, British, Salt Lake City, Sephora, New York City

☆ NHL roundup: Sam Reinhart's OT goal lifts Panthers over Caps
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

Oliver Ekman-Larsson, Evan Rodrigues and Barkov each had a goal and an assist, and Sergei Bobrovsky made 25 saves for the Panthers. Anthony Mantha scored twice, Connor McMichael had a goal and an assist and Aliaksei Protas had two assists for the Capitals. Tim Stutzle added a goal and three assists and Jakob Chychrun had a goal and an assist for Ottawa. William Nylander had a goal and an assist for the Maple Leafs, stretching his season-opening point streak to 13 games. Tyler Bertuzzi and Nicholas Robertson also scored goals, while John Tavares added two assists and Joseph Woll made 21 saves for Toronto.

Persons: Sam Reinhart, Darcy Kuemper, Geoff Burke, Reinhart, Aleksander Barkov, Oliver Ekman, Larsson, Evan Rodrigues, Sergei Bobrovsky, Anthony Mantha, Connor McMichael, Aliaksei Protas, Anze Kopitar, Cam Talbot, Angeles, Adrian Kempe, Trevor Moore, Pierre, Luc Dubois, Spence, Kopitar, Luc Robitaille, Marcel Dionne, Dave Taylor, William Karlsson, Adin Hill, Dominik Kubalik, Claude Giroux, Tim Stutzle, Jakob Chychrun, Mathieu Joseph, Giroux, Joonas Korpisalo, William Nylander, Tyler Bertuzzi, Nicholas Robertson, John Tavares, Joseph Woll Organizations: District of Columbia, Florida Panthers, Washington Capitals, Capital, USA, Panthers, Capitals, Golden Knights, Los, Vegas, Senators, Maple Leafs, Ottawa, Toronto, Thomson Locations: Washington, District, USA, Barkov, Vegas, Las Vegas, Los Angeles

☆ What Is the Mortgage Interest Deduction?
▼ + stars: | 2023-10-15 | by ( Aly J. Yale | ) www.wsj.com time to read: +11 min

That’s thanks to the Home Mortgage Interest Deduction, which lets you write off the interest you pay on your mortgage loan throughout the year. What is the mortgage interest deduction? The mortgage interest deduction is a type of itemized tax deduction that has been around in some form since a federal income tax was introduced in 1913. Mortgage pointsMortgage points—an upfront fee you can pay at closing to lower your interest rate—are another form of mortgage interest, just prepaid. Whether you should take the mortgage interest deduction comes down to the age-old question of itemizing vs. using the standard deduction.

Persons: Aly J, you’re, won’t, ”, Paul T, Joseph, Joseph & Joseph, We’ll, “, Aaron Cirksena, “ You’re, ” Cirksena, Jan Organizations: Yale, Home, Joseph &, Joseph & Joseph Tax, MDRN, IRS, — Locations: Williamston, Mich, California, Annapolis, Md, “

Bostic was partly responding to the outburst of violence in Israel and Gaza, said Joseph Trevisani, senior analyst at FXStreet in New York. "You can pretty much count on the Fed taking that into its world view and that's only going to be lower rates." U.S. Treasuries rallied, pushing two-year yields to their lowest in a month, as safe-haven demand was driven by the ongoing Mideast bloodshed and dovish Fed comments. The yield on the 10-year U.S. Treasury , which moves inversely to the price, was down 12.5 basis points at 4.6571%. The Swiss franc , a traditional safe-haven currency, was at 0.9045 to the dollar, which weakened about 0.21%.

Persons: Dado Ruvic, Raphael Bostic, Bostic, Joseph Trevisani, Treasuries, Shaun Osborne, Israel's shekel, They're, Chris Turner, Herbert Lash, Harry Robertson, Tom Westbrook, Simon Cameron, Moore, Susan Fenton, Sharon Singleton, Jonathan Oatis, Mark Heinrich, Richard Chang Organizations: REUTERS, Federal Reserve, Atlanta Fed, Fed, American Bankers Association, U.S, Scotiabank, Traders, Bloomberg, Analysts, Columbus, Kyodo, Bank of Japan, . Treasury, ING, Swiss, Thomson Locations: China, U.S, Israel, Gaza, New York, Toronto, Palestinian, London, Singapore

☆ Travis King: What happened to other US soldiers who defected to North Korea?
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +3 min

Sarah Leslie/Handout via REUTERS/File Photo Acquire Licensing RightsSept 27 (Reuters) - Private Travis King, the U.S. soldier who ran into North Korea in July, is in U.S. custody after North Korea expelled him into China, U.S. officials said on Wednesday, following rare diplomatic cooperation between the U.S., North Korea and China. A U.S. military spokesman later said an investigation indicated that White crossed into North Korea of his own free will. In a video released by the North, White denounced the United States and praised North Korea and its then leader Kim Il-Sung. - Charles Robert Jenkins walked into North Korea when on patrol on the DMZ in 1965. - James Joseph Dresnok was a 21-year old U.S. army private stationed in South Korea in 1962 when he fled to the North.

Persons: Travis T, Sarah Leslie, Handout, Travis King, Joseph T, White, Kim Il, Charles Robert Jenkins, Jenkins, Hitomi Soga, Soga, James Joseph Dresnok, Dresnok, Jerry Wayne Parrish, Larry Allen Abshier, Kim Jong, Dresnok's, Josh Smith, David Brunnstrom, Phil Stewart, Chizu Organizations: Security Area, REUTERS, U.S, North, Korea Times, United Nations Command, Washington Post, Thomson Locations: Panmunjom, South Korea, U.S, North Korea, China, China . U.S, Pyongyang, United States, Vietnam, Japan, Korean

☆ Factbox-Travis King: What Happened to Other US Soldiers Who Defected to North Korea?
▼ + stars: | 2023-09-27 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +3 min

(Reuters) - Private Travis King, the U.S. soldier who ran into North Korea in July, is in U.S. custody after North Korea expelled him into China, U.S. officials said on Wednesday, following rare diplomatic cooperation between the U.S., North Korea and China. A U.S. military spokesman later said an investigation indicated that White crossed into North Korea of his own free will. In a video released by the North, White denounced the United States and praised North Korea and its then leader Kim Il-Sung. - Charles Robert Jenkins walked into North Korea when on patrol on the DMZ in 1965. - James Joseph Dresnok was a 21-year old U.S. army private stationed in South Korea in 1962 when he fled to the North.

Persons: Travis King, Joseph T, White, Kim Il, Charles Robert Jenkins, Jenkins, Hitomi Soga, Soga, James Joseph Dresnok, Dresnok, Jerry Wayne Parrish, Larry Allen Abshier, Kim Jong, Dresnok's, Josh Smith, David Brunnstrom, Phil Stewart, Chizu Nomiyama Organizations: Reuters, U.S, North, Korea Times, United Nations Command, Washington Post Locations: U.S, North Korea, China, China . U.S, South Korea, Pyongyang, United States, Vietnam, Japan, Korean

☆ Shares of Alibaba tumble over 3% after outgoing CEO unexpectedly quits cloud business
▼ + stars: | 2023-09-11 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

The move comes months after Alibaba said in June that Zhang was departing as chairman and CEO of Alibaba Group to focus on the cloud intelligence unit. Stock Chart Icon Stock chart iconIn a surprise leadership reshuffle in June, Alibaba announced that Zhang was bowing out as both CEO and chairman on Sept. 10 to focus on the cloud intelligence business. Zhang was Alibaba Group CEO since 2015 and the group chairman since 2019. He has also been chairman and CEO of the Alibaba Cloud Intelligence Group since 2022. "The board of our Company expresses its deepest appreciation to Mr. Zhang for his contributions to Alibaba Group over the past 16 years," Alibaba said in the Sunday statement.

Persons: Daniel Zhang Yong, Daniel Zhang, Alibaba, Zhang, Eddie Wu, Wu, Joseph Tsai Organizations: Alibaba, Fund, Visual China, Getty, Alibaba Group, Cloud Intelligence Group, Company Locations: Lanzhou, Gansu Province, China, Hong Kong

SHANGHAI, Sept 10 (Reuters) - China's Alibaba Group (9988.HK) said on Sunday that Daniel Zhang will step down from its cloud business, in a surprise move just two months after the company announced he would leave his roles as group CEO and chairman to focus on the cloud unit. Zhang had previously been concurrently serving in three roles, heading the group as well as its cloud unit. As scheduled, he handed over the role of group CEO to Eddie Wu on Sunday, who will also take charge of the cloud business after Zhang's departure, the company said in a statement. "Following careful consideration, the Alibaba board respected and accepted Daniel's decision and appointed Eddie as acting chairman and CEO of Cloud Intelligence Group, effectively immediately." Zhang will continue to contribute to Alibaba by "channeling his expertise differently," the letter added, saying that Alibaba will invest $1 billion in a technology fund that Zhang would establish.

Persons: Daniel Zhang, Zhang, Eddie Wu, Alibaba, Daniel, Joseph Tsai, Eddie, Brenda Goh, Hugh Lawson, Sharon Singleton Organizations: HK, Sunday, Cloud Intelligence Group, Reuters, Thomson Locations: SHANGHAI

☆ Alibaba’s Boss Steps Aside
▼ + stars: | 2023-09-10 | by ( John Koblin | More About John Koblin | ) www.nytimes.com time to read: +1 min

Daniel Zhang, the departing chief executive and chairman of the Chinese tech giant Alibaba, has stepped down as head of the tech company’s cloud division, a position he held for mere months. The company announced in June that Mr. Zhang would give up the chairman role this month to Joseph Tsai, a co-founder of Alibaba, and that Eddie Yongming Wu, another founder, would became the chief executive. But Mr. Zhang had been widely expected to continue to lead Alibaba’s cloud computing division, a position he assumed in March as part of a broad restructuring that he unveiled for the company that month. The news that Mr. Zhang would also step down from the company’s cloud division was earlier reported by both Bloomberg and Reuters. Mr. Zhang’s standing at Alibaba became uncertain after the company announcement in June that he would be replaced by two key members of the tech giant’s old guard.

Persons: Daniel Zhang, Zhang, Joseph Tsai, Eddie Yongming Wu, Zhang’s Organizations: Bloomberg, Reuters Locations: Alibaba

☆ Analysis-Grayscale victory big boost for decade-long spot bitcoin ETF push
▼ + stars: | 2023-08-30 | by ( Hannah Lang | Chris Prentice | ) www.reuters.com time to read: +5 min

FILE PHOTO: Representations of cryptocurrency Bitcoin are placed on a PC motherboard, in this illustration taken June 16, 2023. A spot bitcoin ETF would give investors exposure to the world’s largest cryptocurrency by market capitalization without having to own it. The SEC has denied all spot bitcoin ETF applications, saying applicants have not shown they can protect investors from market manipulation. Grayscale argued the same setup should be satisfactory for its spot ETF, since both products rely on bitcoin’s underlying price. Other firms have spot bitcoin ETF applications with the SEC, including asset management giant BlackRock, Fidelity and WisdomTree.

Persons: Dado Ruvic, Grayscale’s, It’s, ”, Christopher LaVigne, Withers, “, Michael Sonnenshein, Bitcoin, Sui Chung, Joseph Toner, Seth Hertlein, Ryan Louvar, Paul Grewal, ” Coinbase, Withers ’ LaVigne Organizations: WASHINGTON, REUTERS, District of Columbia, Securities and Exchange Commission, SEC, CNBC, Chicago Mercantile Exchange, Fidelity, Coinbase, BlackRock, Supreme Locations: Washington, New York, WilmerHale, BlackRock

Representations of cryptocurrency Bitcoin are placed on a PC motherboard, in this illustration taken June 16, 2023. A spot bitcoin ETF would give investors exposure to the world's largest cryptocurrency by market capitalization without having to own it. The SEC has denied all spot bitcoin ETF applications, saying applicants have not shown they can protect investors from market manipulation. Grayscale argued the same setup should be satisfactory for its spot ETF, since both products rely on bitcoin's underlying price. Other firms have spot bitcoin ETF applications with the SEC, including asset management giant BlackRock (BLK.N), Fidelity and WisdomTree (WT.N).

Persons: Dado Ruvic, Grayscale's, It's, Christopher LaVigne, Withers, Michael Sonnenshein, Bitcoin, Sui Chung, Joseph Toner, Seth Hertlein, Ryan Louvar, Paul Grewal, Coinbase, LaVigne, Carolina Mandl, Tom Wilson, Michelle Price, Jonathan Oatis Organizations: REUTERS, Rights, District of Columbia, Securities and Exchange Commission, SEC, CNBC, Chicago Mercantile Exchange, Fidelity, Coinbase, CME, BlackRock, Supreme, Thomson Locations: Washington, New York, WilmerHale, London

U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. The People's Bank of China (PBOC) set a much stronger-than-expected daily fixing, lifting the yuan from a 9-month low hit on Thursday. The yuan weakened against the dollar to 7.3060 in offshore trading after the PBOC set the official mid-point at 7.2006, more than 1,000 pips stronger than Reuters' estimate. China's economic troubles have deepened, with property developer China Evergrande (3333.HK) seeking Chapter 15 protection in a U.S. bankruptcy court. The Japanese yen strengthened 0.38% versus the greenback at 145.29 per dollar after reaching a nine-month low of 146.56 on Thursday.

Persons: Florence Lo, Joe Manimbo, it's, we've, Joseph Trevisani, that's, Hannah Lang, Joice Alves, Kevin Buckland, Sharon Singleton Organizations: REUTERS, Rights, People's Bank of China, Reuters, China, HK, U.S, Federal, Thomson Locations: U.S, Convera, China, Washington, London, Tokyo

☆ Factbox: Travis King: What happened to other U.S. soldiers who defected to North Korea?
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +3 min

SEOUL, Aug 16 (Reuters) - North Korea on Wednesday confirmed it is holding U.S. Army Private Travis King after he crossed the border from South Korea last month while on a tour, but did not elaborate on what his future might hold. A U.S. military spokesman later said an investigation indicated that White crossed into North Korea of his own free will. In a video released by the North, White denounced the United States and praised North Korea and its then leader Kim Il-Sung. - Charles Robert Jenkins walked into North Korea when on patrol on the DMZ in 1965. - James Joseph Dresnok was a 21-year old U.S. army private stationed in South Korea in 1962 when he fled to the North.

Persons: Travis King, KCNA, King, Joseph T, White, Kim Il, Charles Robert Jenkins, Jenkins, Hitomi Soga, Soga, James Joseph Dresnok, Dresnok, Jerry Wayne Parrish, Larry Allen Abshier, Kim Jong, Dresnok's, Josh Smith, Chizu Organizations: Wednesday, U.S, Army, North, Korea Times, United Nations Command, Washington Post, Thomson Locations: SEOUL, North Korea, South Korea, State, U.S, Pyongyang, United States, Vietnam, Japan, Korean

☆ The West’s ‘see no evil’ approach to Serbia’s Vucic is destabilizing the Balkans
▼ + stars: | 2023-08-14 | by ( Christian Edwards | ) edition.cnn.com time to read: +20 min

The result is that, despite Serbia’s professed hopes to join the EU, Vucic has continued to walk a tightrope between Moscow and western powers. A Pristina government official told CNN that they did not want to “surrender” official government buildings to protesters. A decade on, these municipalities have not been created, leaving disputes to fester over the degree of autonomy for Kosovo Serbs. After such episodes, Joseph told CNN that the “see no evil” approach to Vucic’s regime may be starting to crack. “The situation is clear who the bully of the Balkans still is,” Meliza Haradinaj, Kosovo’s former foreign minister, told CNN.

Persons: Moscow’s, Aleksandar Vucic, Vladimir Putin, Daniel Mihailescu, ” Jasmin Mujanovic, Vucic, “, Mujanovic, Alicia Kearns, ”, –, Serbia's Aleksandar Vucic, Albin Kurti, Serbia’s, you’ll, Kearns, wouldn’t, Putin, Viktor, Orban, ” Majda, you’re, Quint, ” Kurti, Kurti, Edward Joseph, Laura Hasani, He’s, Shqiprim Arifi, Arifi, Ben Kilb, ” Dusan, Milorad Dodik, Oliver Bunic, Boris Grdanoski, ” Joseph, Viktor Oban, Joseph, Biden, Aleksandar Vulin, ” “ He’s, ‘ we’re, ’ He’s, I’ve, ” Vucic, Meliza Organizations: CNN, European Union, Putin, Belgrade, Getty, Serbian Progressive Party, SNS, NATO, National Security, United Nations, Kosovo's, EU, Anadolu Agency, Gazprom, Serbian, European Council, Foreign Relations, ”, US, Kosovo Serbs, Kosovo’s, Johns Hopkins University, …, Kosovo Serb, Reuters, British, Kosovo, Kosovar Business Alliance, Kosovar, Serbs, “ Association of, Bloomberg, ASM, Russian, AP, Serbia ”, KFOR, NATO’s Kosovo Force, Red Star, Red Star Belgrade soccer Locations: Russia, Ukraine, United States, Serbia, Europe, Belgrade, West, Kosovo, Kosovo’s, Kosovar, AFP, Russian, Balkan, Western Balkans, British, United, EU, Brussels, Belgium, Moscow, ” Kosovo, Serbs, France, Germany, Italy, Balkans, Pristina, … Serbia, Zvecan, Serbian, Presevo, Albanian, Leposavic, Republika Srpska, ” Republika Srpska, Bosnia, Herzegovina, Dayton, Banja Luka, Kurti, Ohrid, North Macedonia, Republic of Serbia, appeasing Serbia

Vander Plaats and his group are leaders in the state’s Christian conservative movement, which has enormous political influence in Iowa. “It’s a lot more money” than you typically see allocated in Iowa, said Steffen Schmidt, an emeritus political science professor at Iowa State University who studies political spending in the state. “We endorsed Rick Santorum and he stormed to a caucus victory due to our base of supporters,” Vander Plaats wrote. Dunwell referred a request for comment to Vander Plaats, who said Dunwell had been paid as an “independent contractor” since June. You like being around them,” Vander Plaats said on conservative podcast host Steve Deace’s show on Monday.

Persons: Ron DeSantis, Scott Morgan, Ron DeSantis scrambles, Donald Trump, DeSantis, Bob Vander Plaats, Vander, Vander Plaats, “, Steffen Schmidt, ”, Andrew Romeo, –, Mike Huckabee, Rick Santorum, Ted Cruz, ” Vander Plaats, Steve Scheffler, Scheffler, “ Vander Plaats, Paul S, Ryan, Jess Szymanski, Jon Dunwell, Dunwell, Tucker Carlson, Vivek Ramaswamy, Tim Scott, Tricia McLaughlin, Ramaswamy, Scott, Mike Pence, Marc Short, Carlson, Santorum, Karen, ” Trump, Trump, Haley, Scott —, Casey, Steve Deace’s, ” Alexandra Ulmer, Joseph Tanfani, Jason Lange, Jason Szep Organizations: Republican U.S, Florida, Fair, REUTERS, Republican, Family, Foundation, pollsters Edison Media Research, Iowa State University, Family Leader, Trump, Iowa Faith & Freedom Coalition, Reuters, Santorum, Iowa, DeSantis, ”, Fox News, Federal, Commission, Scott, PAC, Trust, Patriot Voices, Twitter, Thomson Locations: Iowa, Atlantic , Iowa, U.S, ” IOWA, Arkansas, Des Moines, New Hampshire, Nevada, Republic, San Francisco, Washington

REUTERS/Dado Ruvic/Illustration/File PhotoAug 10 (Reuters) - China's Alibaba Group Holding (9988.HK) reported its strongest quarterly revenue growth in almost two years on Thursday, boosted by a mid-year shopping festival that attracted bargain hunting consumers amid a sober economic environment. The Chinese e-commerce giant posted first-quarter revenue of 234.16 billion yuan ($32.29 billion), up 14% from the prior-year quarter which was hit by strict pandemic lockdowns. The figurebeat analysts' estimates of 224.92 billion yuan, according to Refinitiv data. Regulatory concern has eased for China's tech giants, including Alibaba, this year, with Chinese authorities keen to boost private sector confidence. (1 Chinese yuan renminbi = $0.1387)Reporting by Yuvraj Malik in Bengaluru; Editing by Shounak Dasgupta and Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Daniel Zhang, Eddie Yongming Wu, Alibaba's, Joseph Tsai, Yuvraj Malik, Shounak Dasgupta, Sharon Singleton Organizations: REUTERS, HK, Cloud Intelligence Group, Tmall, PDD Holdings, Thomson Locations: U.S, China, Alibaba, Bengaluru

Washington-based analysts say Wang's return to the ministry should help China's foreign ministry resume normal operations after weeks of international speculation about Qin's fate. In the Chinese system, the top diplomat is not foreign minister but rather the director of the Chinese Communist Party's foreign affairs commission, a role Wang will continue to hold. Still, Wang's reappointment is a sign of problems in China's foreign policy establishment, said Blanchette. On Tuesday, content mentioning Qin was quickly removed from China's foreign ministry website after Wang's appointment. The tab on the website that typically holds the biography of the foreign minister simply read "Updating."

Persons: Wang Yi, Qin Gang, Xi Jinping's, Qin, Xi, Wang, Joseph Torigian, Vedant Patel, Blinken, Joe Biden, Rorry Daniels, Wang's, China's, Jude Blanchette, Craig Singleton, Michael Martina, David Brunnstrom, Don Durfee Organizations: Communist, American University, U.S . State Department, U.S, APEC, Asia Society Policy Institute, Communist Party, Washington's Center, Strategic, International Studies, Foundation for Defense of Democracies, Thomson Locations: Washington, United States, Beijing, U.S, China, China's, Xi's, India, California, Taiwan, scold Washington, Lincoln

☆ Prigozhin's uprising failed, but it triggered China's 'psychology about warlords,' top White House official says
▼ + stars: | 2023-07-21 | by ( Christopher Woody | ) www.businessinsider.com time to read: +7 min

A brief, failed revolt by Russian mercenaries in June raised doubts about Putin's hold on power. It also worried officials in China, which has its own history with "warlords," a US official said. They were unnerved by what happened two weekends ago in Moscow," Campbell said in an interview with The Wire China published on July 16, after several senior US officials visited China. China presented a peace plan in April — shortly after President Xi Jinping visited Moscow — that was widely seen as vague and self-interested. Putin and Xi have been a driving force behind the strengthening of Sino-Russian relations over the past 15 years.

Persons: Yevgeny Prigozhin's, Vladimir Putin's, Putin, Prigozhin, Kurt Campbell, Campbell, Xi Jinping, Wagner, We've, Putin Putin, SERGEI GUNEYEV, Yu Sui, Joseph Torigian, China's, Torigian, Xi, Ryan Haas, PAVEL BYRKIN, Haas, Obama, Mark Galeotti, Galeotti Organizations: Service, Pacific Affairs, White House National Security Council, China, Wagner Group, REUTERS, Kremlin, SPUTNIK, Getty, Chinese Communist Party tabloid Global Times, Communist, Central Propaganda Department, China Center, Contemporary World, American University, Brookings Institution, The New York Times, Getty Images, National Security Locations: Russian, China, Russia, Wall, Silicon, Moscow, Ukraine, —, Rostov, Beijing, lockstep, Getty Images Beijing

☆ Trump loses bid to move New York hush money criminal case to federal court
▼ + stars: | 2023-07-19 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Former President Donald Trump on Wednesday lost a bid to transfer to federal court his New York state court case related to a hush money payment to porn star Stormy Daniels. Federal Judge Alvin Hellerstein's decision denying that effort keeps Trump on track to go to trial March 25, 2024, in Manhattan Supreme Court in the case. "They're throwing everything they can at President Trump to prevent his re-election, because deep down, they know he's going to win. This case belongs in a federal court and we will continue to pursue all legal avenues to move it there." Trump, who is seeking the 2024 Republican nomination, is the first president, former or otherwise, to be charged in a criminal case.

Persons: Donald Trump, Stormy Daniels, Alvin Hellerstein's, Trump, Hellerstein, Michael Cohen, Trump's, Cohen, Daniels, Melania Trump, Barron Trump, Attorney Alvin Bragg, Joseph Tacopina, Alvin Bragg, Crooked Joe Biden Organizations: Wednesday, Federal, Trump, Trump Organization, Manhattan, Attorney, Republican Locations: Las Vegas, New York, Manhattan, Florida

☆ Trump loses bid for new trial on damages in E. Jean Carroll sexual abuse, defamation case
▼ + stars: | 2023-07-19 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

E. Jean Carroll exits the Manhattan Federal Court following the verdict in the civil rape accusation case against former U.S. President Donald Trump, New York City, May 9, 2023. Jurors also found Trump had defamed Carroll in comments last fall denying her allegations. Carroll II is how lawyers in the case refer to the lawsuit that resulted in this verdict. In that other civil lawsuit, Carroll alleges Trump defamed her in 2019, when he denied her claims after she first publicly accused Trump of raping her during the encounter. In Manhattan state court, Trump is accused of falsifying business records in connection with a 2016 hush money payment to porn star Stormy Daniels.

Persons: Jean Carroll, Donald Trump, Trump, Carroll, Bergdorf Goodman, Kaplan, Judge Lewis Kaplan, E, Trump's, Joseph Tacopina, Robbie Kaplan, E Jean Carroll, Carroll I, Judge Kaplan, Stormy Daniels, Jack Smith, Joe Biden Organizations: U.S, New, Trump, U.S . Department of Justice, DOJ, Washington , D.C, ., Republican, GOP Locations: Manhattan, Donald Trump , New York City, U.S, New York, Carroll II, Carroll, Washington ,, Florida

☆ US soldier in North Korea not the first to flee to the secretive state
▼ + stars: | 2023-07-19 | by ( Ed Davies | ) www.reuters.com time to read: +3 min

A U.S. military spokesman later said an investigation indicated that White crossed into North Korea of his own free will. In a video released by the North, White denounced the United States and praised North Korea and its then leader Kim Il-Sung. - Charles Robert Jenkins walked into North Korea when on patrol on the DMZ in 1965. He later expressed regret for fleeing and explained at his court marital that his motive was to avoid hazardous duty in South Korea and combat in Vietnam. - James Joseph Dresnok was a 21-year old U.S. army private stationed in South Korea in 1962 when he fled to the North.

Persons: Travis T, King, Joseph T, White, Kim Il, Charles Robert Jenkins, Jenkins, Hitomi Soga, Soga, James Joseph Dresnok, Dresnok, Jerry Wayne Parrish, Larry Allen Abshier, Kim Jong, Dresnok's, Ed Davies, Lincoln Organizations: U.S, North, Korea Times, United Nations Command, Washington Post, Thomson Locations: North Korea, South Korea, U.S, Pyongyang, United States, Vietnam, Japan, Korean, Sydney

☆ FOREX Dollar weaker after data burst, euro rises on ECB comments
▼ + stars: | 2023-06-27 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

Additional data on single-family new home sales in May and home prices in April also indicated the housing market has been able to weather rising interest rates from the U.S. Federal Reserve. Morgan Stanley said on Tuesday it was now expecting the Fed to hike its key interest rate by 25 basis points in July, from an earlier estimate of a pause, raising its terminal rate forecast to 5.375%. The euro was up 0.49% to $1.0957 after climbing to $1.0976, the highest since June 22, after comments from ECB officials. Other ECB policymakers weren't anticipating clear evidenceinflation is easing enough that would enable the central bank to pause their interest rate hikes. The euro rose 0.84% against the yen at 157.830.

Persons: Christine Lagarde, Joseph Trevisani, Morgan Stanley, Shunichi Suzuki, Lagarde, Sterling, Jerome Powell, Andrew Bailey, Kazuo Ueda, Yevgeny Prigozhin, Vladimir Putin, Chuck Mikolajczak, David Evans, Alex Richardson Organizations: YORK, European Central Bank, greenback, U.S, Conference Board, U.S . Federal, Bank of Japan, Japan's Finance, ECB, Federal, Bank of England, Thomson Locations: U.S, Russian, Belarus

NEW YORK, June 23 (Reuters) - Donald Trump will deposit $5.55 million with a federal court as security while the former U.S. president appeals a jury verdict that he sexually abused and defamed the writer E. Jean Carroll. Carroll would collect her $5 million if Trump's appeals, including potentially to the Supreme Court, were unsuccessful. Carroll's lawyers agreed to the $5.55 million deposit. She is also seeking punitive damages, after he repeated his denials in a CNN town hall one day after the jury verdict. The case is Carroll v Trump, U.S. District Court, Southern District of New York, No.

Persons: Donald Trump, Jean Carroll, Trump, District Judge Lewis Kaplan, Joseph Tacopina, Carroll, Tacopina, Jonathan Stempel, Daniel Wallis Organizations: YORK, Elle, District, Trump, CNN, Carroll, U.S, Court, Southern District of, Thomson Locations: Manhattan, U.S, Southern District, Southern District of New York, New York

However, the golf simulator transaction appears to have been structured to avoid Florida’s rigorous ethical disclosure requirements, said two governance experts in Florida. Florida state law requires public officials to file quarterly reports listing all gifts received with a value over $100. Uthmeier wrote that the loan was “permissible” according to state law and the Governor’s Ethics Code. Trump paid for his own golf simulator, according to the Washington Post. According to the list, the “acquisition cost” of both the treadmill and the golf simulator are listed as $1.

Persons: Ron DeSantis, DeSantis, Morteza, Donald Trump, Lynn Blais, Ben Wilcox, James Uthmeier, ’, Uthmeier, Barbara Petersen, Hosseini, Trump, Barack Obama, Ronald Watson, cabana, Watson, Wilcox, Caroline Klancke, Jason Szep Organizations: cabana, ICI Homes Residential Holdings, Mansion Commission, Commission, Florida’s Department of Management Services, Florida Center, Government, University of Florida, Reuters, aboutGOLF, Washington Post, Thomson Locations: Florida, Hosseini, DeSantis, Tallahassee, Ohio

The CEO role will be handed over to Eddie Yongming Wu, chairman of Alibaba's Taobao and Tmall Group, while Executive Vice Chairman Joseph Tsai will take over Zhang as chairman. "The idea or expectation that one person could manage the business' crown jewel Cloud and at the same time manage the entire Alibaba Group is an unreasonable expectation." "It would be inappropriate for me to continue serving as chairman and CEO of both companies at the same time during the spin-off process." Alibaba thanked Zhang for his "extraordinary leadership in navigating unprecedented uncertainties affecting the company's business over the past few years." Wu, who co-founded Alibaba alongside Ma and Tsai over two decades ago, will continue to concurrently serve as chairman of Taobao and Tmall Group, Alibaba said.

Persons: Zhang, Joseph Tsai, Alibaba, Daniel Zhang, Eddie Yongming Wu, Alibaba's, Daniel, Brian Wong, Jack Ma, Joe, Eddie, Eric Chen, Wu, Ma, Tsai, Alipay, Jacob Cooke, Cooke, China's, J, Michael Evans, Abinaya, Brenda Goh, Scott Murdoch, Anne Marie Roantree, Josh Ye, Muralikumar Anantharaman, Christopher Cushing Organizations: Alibaba, HK, Tmall, Reuters, Cloud Intelligence Group, Analysts, Alibaba Health, Technologies, Thomson Locations: SHANGHAI, China, Hong Kong, Shanghai, Beijing, Japan, Spain, Australia, Thailand, Tokyo, Taobao, Bengaluru, Sydney

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