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Evercore ISI reiterates Nvidia as outperform Evercore ISI said investors should use any weakness in the stock to buy the dip. HSBC upgrades UPS to buy from hold HSBC said UPS is "getting back to earnings growth" following the company's earnings report. Bank of America downgrades Deckers to neutral from buy Bank of America said it sees a better risk/reward elsewhere in the firm's coverage. Bank of America reiterates IBM as buy Bank of America said it is sticking with its buy rating following earnings on Wednesday. Deutsche Bank reiterates Tesla as hold Deutsche Bank raised its price target on the stock to $136 per share from $123.
Persons: Sherwin, Williams, Bernstein, Goldman Sachs, Wells, Wells Fargo, Morgan Stanley, Ford, Needham, D.A, Davidson, ServiceNow, Tesla Organizations: Motors, GM, Nvidia, ISI, AMD, JPMorgan, Monster Beverage, Beverage, AMC, HSBC, UPS, USPS, Companies, UBS, UDR, Amazon, AWS, Bank of America, Meta, Laboratories, Manhattan Associates, IBM, Deutsche Bank Locations: 2Q24, Dearborn, Manhattan
CNN —The New York Court of Appeals on Thursday overturned the sex crimes conviction against Harvey Weinstein, the powerful Hollywood producer whose downfall stood as a symbol of the #MeToo movement. Douglas H. Wigdor, an attorney who has represented eight of Weinstein’s accusers, including two of the “prior bad acts” witnesses at his New York criminal trial, criticized the ruling. In addition, three other women testified during the trial as “prior bad acts” witnesses as prosecutors sought to show Weinstein had a pattern of abuse. The use of “prior bad acts” witnesses has increased in recent years with the rise of the #MeToo movement. “Prior bad acts” evidence is one exception to this rule.
Persons: Harvey Weinstein, , uncharged, Jenny Rivera, ” Weinstein, Weinstein, ” Donna Rotunno, , Emily Tuttle, Douglas H, Weinstein’s, MeToo, Bill Cosby, Miriam Haley, Jessica Mann, Haley, Mann Organizations: CNN, The New, Hollywood, Correctional Facility, of Corrections, Attorney’s, Manhattan, The New York Times, Yorker Locations: The New York, Rome , New York, Los Angeles, New York, Manhattan, York, Hollywood, Love, Pennsylvania
Read previewThe accountant hired to audit former President Donald Trump's social media company seemed to have a lot of trouble spelling his name, the Financial Times reported on Wednesday. But others, like Blake F Borgers and Ben F Vonesh, were entirely different names. Representatives for BF Borgers and Trump Media & Technology Group did not immediately respond to a request for comment from BI sent outside regular business hours. In November, Borgers' firm was also removed from the American Institute of Certified Public Accountants' peer review program. Trump Media shares had initially soared when it went public, only to crash by nearly 40% in a matter of weeks.
Persons: , Donald Trump's, Ben F Borgers, Ben F Brogers, Ben F orgers, Blake F Borgers, Ben F Vonesh, Borgers, Brown, WithumSmith, Trump, Forbes, Jean Carroll, he's, Stormy Daniels Organizations: Service, Financial Times, Public Company, Business, BF Borgers, Trump Media & Technology Group, BI, Bloomberg, American Institute of Certified Public Accountants, Trump, Trump Media, New Locations: New York, Manhattan, Mar
Days before Donald J. Trump became president in early 2017, a handful of advisers, officials and allies descended on his office at Trump Tower: the F.B.I. The future president, triumphant, thanked Mr. Pecker for his service. That remarkable scene was private until Thursday, when Mr. Pecker recounted it to jurors in Mr. Trump’s Manhattan criminal trial. He described in vivid detail how Mr. Trump laid bare their effort to buy and bury damaging stories that could have derailed Mr. Trump’s campaign — a plot at the center of the case. “He said, ‘I want to thank you for handling the McDougal situation,’ and then he also said, ‘I wanted to thank you for the doorman situation,’” Mr. Pecker testified Thursday.
Persons: Donald J, Trump, , David Pecker, Karen McDougal, Mr, Pecker, Trump’s, , , McDougal, Organizations: Trump, National Enquirer
In the middle of the 2016 presidential campaign, Donald J. Trump called David Pecker, publisher of The National Enquirer. The candidate was seeking advice about a former Playboy model who was trying to sell her story of an affair with him, Mr. Pecker told jurors in Mr. Trump’s Manhattan criminal trial. Mr. Pecker suggested a way to silence the model, Karen McDougal. “I think that the story should be purchased,” he said he told Mr. Trump. Mr. Trump is charged with 34 counts of falsifying business records to cover up the Daniels payment as part of an effort to influence the election.
Persons: Donald J, Trump, David Pecker, Pecker, Trump’s, Karen McDougal, , , Ms, McDougal, Michael Cohen, Stormy Daniels, Daniels Organizations: National Enquirer, Playboy
New York’s highest court on Thursday overturned the felony sex crimes conviction of the notorious Hollywood producer Harvey Weinstein, a staggering reversal of a bedrock case in the #MeToo era that prompted countless victims of sexual harassment and assault to come forward as accusers. In a bitterly contested 4-to-3 decision, the New York Court of Appeals found that the judge who had presided over Mr. Weinstein’s case deprived him of a fair trial in 2020 by allowing prosecutors to call witnesses who said Mr. Weinstein had assaulted them — but whose accusations were not the basis for any of the charges against him. Responding on Thursday, the Manhattan district attorney, Alvin L. Bragg, announced that he would seek to prosecute Mr. Weinstein again. “We will do everything in our power to retry this case, and remain steadfast in our commitment to survivors of sexual assault,” a spokeswoman for Mr. Bragg’s office said. The case was originally prosecuted by his predecessor, Cyrus R. Vance Jr.
Persons: Harvey Weinstein, Weinstein’s, Weinstein, Alvin L, Bragg, Mr, , , Cyrus R, Vance Jr Organizations: Hollywood, New, Appeals, Mr Locations: Manhattan
New York's top court overturned the 2020 sex crimes conviction against movie mogul Harvey Weinstein. The court said the trial made an error by allowing accusers who weren't a part of the complaint to testify. AdvertisementHarvey Weinstein's sex crimes conviction was overturned Thursday by the New York Court of Appeals, which found that he hadn't gotten a fair trial. In its 4-3 decision, the appeals court found Weinstein's trial judge had erred in allowing accusers who were not listed as a part of the criminal charges against him to testify about their own experiences. This story is available exclusively to Business Insider subscribers.
Persons: Harvey Weinstein, , Harvey, hadn't Organizations: Service, New, Appeals, Business Locations: Manhattan
Campaign officials are fully aware the Trump trial could dominate news coverage in the weeks to come. Even some occasional critics of Biden’s campaign strategy have not found fault in his approach to the Trump trial. Their strategy of not campaigning, wasting money, acting like small time thugs, and pushing their extreme agenda is driving away voters,” Biden campaign spokesperson James Singer said in a statement Friday. On the trail during the trialIt is that viewpoint that has largely animated the president’s schedule as Trump’s first criminal trial gets underway. The trip followed swings through battleground Pennsylvania during the court’s jury selection and Virginia on the first day of Trump’s trial.
Persons: Joe Biden, Donald Trump, , ” Biden deadpanned, Trump’s, Biden, Trump, Kennedy, grumble, , David Axelrod, Barack Obama, I’m, He’s, ” Axelrod, CNN’s Dana, Don ”, ” Biden, James Singer, it’s, , needling Trump Organizations: New York CNN, Republican, Trump, Micron, Biden, CNN, White Locations: Syracuse, New York, Manhattan, Florida, Pennsylvania, Washington, Syracuse , New York, America’s, Tampa , Florida, Virginia
When a porn star and Playboy Bunny both came forward, Trump feared for voters, not family, Pecker told jurors. Then, in swift succession and with the 2016 election just months away, a Playboy Bunny and a porn star appeared with more sex scandals. But in the months before the 2016 election, all Trump worried about was his voters, Pecker testified on his third day on the stand. "I thought his concern was with the campaign," Pecker added. Pecker told jurors he had been investigated by California officials for just this sort of thing more than a decade before Trump's 2016 campaign.
Persons: David Pecker, Playboy Bunny, Trump, Pecker, , Donald Trump, Dino Sajudin, Bunny Karen McDougal, Stormy Daniels, Joshua Steinglass, Steinglass, Daniels, Michael Cohen, Attorney Alvin Bragg, Bragg, Dylan Howard, Trump's, Arnold Schwarzenegger, Arnold, Howard, Howard texted, Cohen, Karen, McDougal, Michael, Jeff Sessions Organizations: National Enquirer, Service, Trump, Enquirer, Trump Organization, Attorney, American Media International, AMI, Prosecutors, McDougal's, Federal, Commission Locations: Manhattan, California, Australia
Mr. Trump has not held a rally since just before the trial began, in part because a planned event in North Carolina last weekend was canceled because of weather. “I have a lot of support here,” Mr. Trump said, as roughly two dozen workers clambered up scaffolding and equipment to catch a glimpse of him. Among those in the crowd were members of the Teamsters union, whose endorsement Mr. Trump has been courting. The trip to the construction site kicks off what will be a significant day in Mr. Trump’s legal battles. Mr. Trump has said without citing evidence that the charges are part of an “election interference” scheme orchestrated by Mr. Biden.
Persons: Donald J, Trump, ” Mr, David Pecker, Pecker, , , Mr, Biden, Jason Miller, Mr . Biden Organizations: Teamsters, National Enquirer, White, Mr, Teamsters union’s, Unions, Trump Locations: Manhattan, North Carolina, New York, Washington
The Harvey Weinstein Appeal Ruling, AnnotatedThe 2020 conviction of Harvey Weinstein on felony sex crime charges in Manhattan was overturned on Thursday by New York’s top court. The ruling by the New York Court of Appeals said the trial judge in Mr. Weinstein’s case, Justice James M. Burke, erred in letting prosecutors call some women as witnesses who said Mr. Weinstein had assaulted them, but whose accusations were not included as charges. The appeals court found that Mr. Weinstein, the disgraced Hollywood producer whose case ignited the #MeToo movement, had not received a fair trial. The New York Times is annotating the ruling. Download the original PDF.
Persons: Harvey Weinstein, James M, Burke, Weinstein, , Mr Organizations: New, Appeals, Hollywood, New York Times Locations: Manhattan, California
Mr. Trump’s top lawyer said in response that Mr. Trump was simply defending himself from political attacks. The tabloid discovered that the story was apparently false, but paid $30,000 anyway, “because of the potential embarrassment” it could have caused Mr. Trump, Mr. Pecker said. When he proposed the magazine, Mr. Pecker said, Mr. Trump’s biggest question was, “Who’s going to pay for it?”Trump’s short leash could get shorter. For their part, prosecutors said they were not seeking to jail Mr. Trump, but wanted him to be fined. When Mr. Blanche finished his argument, Mr. Trump immediately beckoned him over before he snatched a piece of paper off the defense table.
Persons: Donald J, Trump, Juan M, Merchan, Trump’s, , Justice Merchan, Todd Blanche, “ you’re, David Pecker, Mr, Stormy Daniels, Daniels, , Pecker, Michael D, Cohen, Marion Curtis, Pecker’s, Trump “ Donald, “ Who’s, Christopher Conroy, Michael Cohen, , ” Mr, Conroy, Blanche, Mark Peterson Organizations: National Enquirer, ” Prosecutors, Republican, Trump, Credit, Associated, Trump Mr Locations: Manhattan, York, Washington, New York
American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts' estimates, sending shares roughly 5% higher Thursday. American reiterated its forecast to earn between $2.25 and $3.25 per share for the full year. American said it expects second-quarter capacity to be up 7% to 9%, and unit revenues to fall 1% to 3% from last year. Similar to Southwest , United and Alaska , American is affected by Boeing's latest quality control and safety crises. Adjusting for one-time items, including costs associated with new labor contracts, American lost $226 million, or 34 cents per share.
Persons: LSEG, Robert Isom, Isom, Boeing hasn't, , Phil LeBeau Organizations: Boeing, American Airlines, JFK International, CNBC, Revenue Locations: Austin , Texas, New York, Manhattan, Southwest, United, Alaska, American
Self-pardoning wasn't on the table at Thursday's Supreme Court hearing. The Supreme Court has never ruled on whether such a move would be permissible. The purpose of the hearing was for the Supreme Court to hear arguments over whether Trump should be immune from criminal prosecution for his conduct as president. He told Michael Dreeben, the lawyer representing Smith's team, that the question might be crucial as the Supreme Court deliberates the scope of presidential immunity. In order to obtain a pardon, he would have to be convicted and serve at least five years of a sentence.
Persons: Alito, , Donald Trump, could've, Trump, — Samuel Alito, Neil Gorsuch —, Jack Smith's, Smith, Gorsuch, he'll, We've, it's, Michael Dreeben, haven't, Gerald Ford, Richard Nixon, Dreeben, Joe Biden, Stormy Daniels Organizations: Thursday's, Trump, Service, NBC, Mar, DC Circuit, Justice Department's, Justice Department Locations: New York, Manhattan, Georgia
Walgreens on Thursday said it will start to work directly with drugmakers to bring cell and gene therapies to U.S. patients as part of a broader expansion of its specialty pharmacy services. The company said it is launching a new business unit dedicated to its specialty pharmacy segment, which will include specialty pharmacy subsidiary AllianceRx. Meanwhile, Shields Health Solutions, a subsidiary that supports health system-owned specialty pharmacies, will remain under Walgreens's U.S. health-care division. Specialty pharmacies provide medications that require extreme care in handling, storage and distribution. Among the company's new investments to "transform" its specialty pharmacy services, it will open a newly licensed facility in Pittsburgh dedicated to services for cell and gene therapies.
Persons: drugmakers Organizations: Walgreens, Walgreens Boots Alliance, Shields Health Solutions, Walgreens's Locations: Manhattan , New York City, U.S, Pittsburgh
The Links Between Trump and 3 Hush-Money Deals
  + stars: | 2024-04-25 | by ( Molly Cook Escobar | ) www.nytimes.com   time to read: +2 min
The Links Between Trump and 3 Hush-Money DealsThe first criminal trial of former President Donald J. Trump has resurfaced three potential sex scandals that he faced ahead of the 2016 presidential election and buried with the help of allies. Manhattan prosecutors charged him in relation to the one involving the porn star Stormy Daniels; he pleaded not guilty and has said the three stories are untrue. Two other hush-money deals were made as part of a “catch and kill” effort by The National Enquirer. While those episodes are not formally part of the charges Mr. Trump is facing, prosecutors will argue that they were part of the effort to bury negative news about Mr. Trump to influence the election. Those deals involve Karen McDougal, who said she had an affair with Mr. Trump in 2006-7, and Dino Sajudin, a former doorman who in 2015 tried to sell an apparently false tip about Mr. Trump fathering a child out of wedlock.
Persons: Donald J, Trump, Stormy Daniels, Michael Cohen, Stormy Daniels David Pecker, Karen McDougal Dino Sajudin, Donald Trump, David Pecker, Stormy Daniels Karen McDougal Dino Sajudin, Daniels, Karen McDougal, Dino Sajudin Organizations: Trump, National Enquirer, The New York Times Locations: Manhattan
The court’s answer to the question of whether Mr. Trump is absolutely immune from prosecution on those charges will be a major statement on the scope of presidential power. Most legal experts do not expect Mr. Trump to prevail on his broadest arguments. If Mr. Trump prevails in the election, he could order the Justice Department to drop the charges. Mr. Trump faces a count of conspiring to defraud the government, another of conspiring to disenfranchise voters and two counts related to corruptly obstructing a congressional proceeding. Whatever happens after Thursday’s argument, the 2024 election will take place in the shadow of the criminal justice system.
Persons: Donald J, Trump, Trump’s, Jack Smith, Mike Pence Organizations: Mr, Justice Department Locations: Manhattan
The trial will afford Mr. Trump the opportunity to define the essence of his candidacy: I am a victim. The very competent operatives running the Trump campaign didn’t draw this up as their ideal campaign plan, but they will appreciate its potential. The Manhattan courtroom will be the setting for Mr. Trump to play the role of a familiar American archetype: the wronged man seeking justice from corrupt, powerful forces. But here’s the most important element of scheduling: putting a candidate in a setting that gives them a chance to excel. Mr. Trump loves big rallies.
Persons: Donald Trump, Trump, George W, Bush’s, Bush Organizations: Republican, Trump, Cable Locations: New York City, Manhattan, Texas
Mr. Pecker, whose magazine had previously bought and buried two other salacious stories on Mr. Trump’s behalf, decided not to pay Ms. Daniels for her account of a sexual encounter with Mr. Trump. Instead, Mr. Pecker is expected to explain how he and a top editor brought the story to Mr. Trump’s personal lawyer and fixer, Michael D. Cohen, who then paid Ms. Daniels $130,000 to keep quiet. Mr. Trump, who later reimbursed Mr. Cohen, denies that he and Ms. Daniels had sex. The Manhattan district attorney’s office, which brought the case, has said that Mr. Pecker was one member of a conspiracy that also involved Mr. Trump and Mr. Cohen. Mr. Pecker has supported that story, saying that the three men reached a secret agreement in 2015 in which The National Enquirer would promote positive stories about Mr. Trump and, importantly for the prosecution’s case, suppress negative ones.
Persons: Donald J, Trump, David Pecker, Stormy Daniels, Pecker, Trump’s, Daniels, Michael D, Cohen Organizations: Manhattan, National Enquirer, National Locations: Manhattan
Former U.S. President Donald Trump waits for the start of proceedings in Manhattan criminal court on April 23, 2024. The New York criminal trial of Donald Trump is set to resume Thursday with more testimony from David Pecker, the former publisher of the National Enquirer and a key player in the former president's alleged hush money scheme. Trump is required to be in Manhattan Supreme Court for his criminal trial. Judge Juan Merchan denied Trump's request to skip at least part of the trial day Thursday to attend the Supreme Court oral arguments. "I made the decision to buy the story because of the potential embarrassment to the campaign and Mr. Trump," he testified.
Persons: Donald Trump, David Pecker, Pecker, Trump, Joe Biden, Judge Juan Merchan, Stormy Daniels, Michael Cohen Organizations: U.S, The New, National Enquirer, Trump, Washington , D.C Locations: Manhattan, The New York, Washington ,
PinnedNew York’s highest court on Thursday overturned Harvey Weinstein’s 2020 conviction on felony sex crime charges, a stunning reversal in the foundational case of the #MeToo era. Citing that decision and others it identified as errors, the appeals court determined that Mr. Weinstein, who as a movie producer had been one of the most powerful men in Hollywood, had not received a fair trial. The four judges in the majority wrote that Mr. Weinstein was not tried solely on the crimes he was charged with, but instead for much of his past behavior. It was not immediately clear on Thursday morning how the decision would affect Mr. Weinstein, 71, who is being held in an upstate prison in Rome, N.Y. Mr. Weinstein was accused of sexual misconduct by more than 100 women; in New York he was convicted of assaulting two of them.
Persons: Harvey Weinstein’s, Weinstein’s, Weinstein, Alvin L, Bragg —, Donald J, Trump Organizations: New, Appeals, Mr, Beverly Hills Locations: Hollywood, Manhattan, Rome, California, Beverly, New York
The Supreme Court on Thursday is set to consider whether former President Donald Trump is immune from federal prosecution on criminal election interference charges. Along with Smith's case in Washington, D.C., Trump is charged in Georgia with attempting to reverse his loss to Biden in that state's 2020 contest. Trump will not be at the Supreme Court to hear the oral arguments because he is required to attend his New York criminal trial. ET before the nine justices, three of whom were nominated by Trump during his one term as president. The Supreme Court agreed to take up the case after two lower courts rejected Trump's claim that he is immune from the indictment being prosecuted by Smith.
Persons: Donald Trump, Jack Smith's, Joe Biden, Trump, Smith Organizations: Defense Department, HHS, White, Trump, Washington , D.C, Biden, Supreme Locations: Washington , U.S, Washington ,, Georgia, Manhattan, York
The overturning of Harvey Weinstein’s New York sex crimes conviction on Thursday morning may feel like a shocking reversal, but the criminal case against him has been fragile since the day it was filed. New York’s top judges, many of them female, have held rounds of pained debates over whether his conviction was clean. The issue of whether Mr. Weinstein’s trial was fair “is a really close question that could have gone either way.”Outside the justice system, evidence of Mr. Weinstein’s sexual misconduct is overwhelming. But while Mr. Weinstein’s alleged victims could fill an entire courtroom, few of them could stand at the center of a New York criminal trial. One of the original accusers was dropped from the trial because of allegations of police misconduct.
Persons: Harvey Weinstein’s, I’m, , Deborah Tuerkheimer, Weinstein’s, Weinstein Organizations: Prosecutors, Northwestern, New York Times, New Locations: York, Manhattan, New York
As a queer, nonbinary person, I've had to come out to my grandmother several times. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I was afraid coming out to my grandmother would harm our relationshipGrowing up, I had always gravitated towards my grandmother because I felt she understood me. After realizing I'm nonbinary, I came out to my grandmother a second timeOver the COVID-19 pandemic, I realized I identified as nonbinary. AdvertisementOne day during a visit at her apartment, my grandma told me about her aunt who lived on the Lower East Side.
Persons: I've, , I'm nonbinary, you'll, wasn't Organizations: Service Locations: Manhattan, Harlem
“As we walked out, President Trump asked me, ‘How’s Karen doing, how’s Karen doing?’ So, I said, ‘She’s doing well, she’s quiet, everything’s going good.’” Pecker said. I thought you had this under control.”Pecker also received a call from Trump after McDougal was interviewed by CNN’s Anderson Cooper in March 2018. Pecker told Trump on the call that he had amended McDougal’s agreement on speaking to other media. “But the US Supreme Court had a monumental hearing on immunity and the immunity having to do with presidential immunity. “So, you ran articles about President Trump because it was good for business?” Bove asked.
Persons: David Pecker, Donald Trump’s, Karen McDougal’s, Trump, Stormy Daniels, Michael Cohen, Pecker, Cohen, Daniels, McDougal, Juan Merchan, Merchan, Trump’s, ‘ How’s Karen, how’s Karen, ‘ She’s, ” Pecker, CNN’s Anderson Cooper, , Chris Conroy, ” Conroy, CNN’s Kristen Holmes, Jackson, CNN Trump, ” Trump, Emil Bove, Quizzing, Bove, Dino Sajudin, ” Bove, Stelter, Bove’s, , Arnold Schwarzenegger, Schwarzenegger, Ari Emanuel, Mark Wahlberg, Rahm Emanuel, Tiger Woods, Woods, , Wahlberg Organizations: CNN, Former American Media Inc, Trump, AMI, White House, Wall, Office, National Enquirer, National, Pecker, California, Chicago, ” CNN Locations: Manhattan, Washington, New York, New York City, Bedminster, CNN’s, Japan
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