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Federal prosecutors on Tuesday asked a judge to order former Trump White House aide Steven Bannon to begin serving his four-month jail sentence for contempt of Congress, citing a recent appeals court decision upholding his conviction. Bannon's lawyer, David Schoen, did not immediately respond to a request for comment on the motion. Judge Carl Nichols, who was appointed to the district court by former President Donald Trump, later sentenced Bannon to four months in jail but allowed him to remain free pending appeal. After that ruling, Bannon's lawyer Schoen said that he would ask for the appeal to be reheard by a panel made up of all the judges on the D.C. Circuit appeals court.
Persons: Steven Bannon, Bannon, David Schoen, Carl Nichols, Donald Trump, Nichols, Bannon's, Trump's, Schoen Organizations: Trump White House, U.S . Capitol, District of Columbia, U.S, Circuit, Appeals Locations: United States, America, U.S
CNN —The signs are mounting that the International Criminal Court (ICC) is weighing an indictment against Israeli Prime Minister Benjamin Netanyahu and other top Israeli officials over Israel’s conduct of its war against Hamas in Gaza. But in 2015 the ICC stepped in to decide that implicitly it is, by accepting it — without consulting the Assembly of States Parties (ASP), representing ICC member states. Could the highly respected chief prosecutor, Britain’s Karim Khan, be feeling some pressure to play his part in ramping up the pressure on Netanyahu? Netanyahu is on the ropes politically and would almost certainly be trounced in an election held today. Israel desperately needs Netanyahu to be gone, as does the region and the world.
Persons: Dan Perry, Read, Benjamin Netanyahu, , Russia’s Vladimir Putin, Sudan’s Omar al, Bashir, Moammar Ghadhafi’s, Saif, Netanyahu, Israel’s, Jordan, Egypt —, Dan Perry Moreover, , Britain’s Karim Khan, Joe Biden’s, Israel Organizations: London, Associated Press, CNN, Criminal Court, Israeli, ICC, West Bank, ISIS, UN, States Parties, West, The West Bank, Bank, Palestinian Authority Locations: Cairo, Europe, Africa, Israel, Gaza, United States, Jerusalem, Sudan, Britain, Iraq, al, Libya, Yemen, Palestine, Palestinian, West Bank, East Jerusalem, Egypt, ramping, Iran
Trump will be joined at his criminal trial by House Speaker Mike Johnson, and several other Republican politicians, NBC reported. On Monday, Trump's former lawyer and fixer told jurors that Trump had complained, "This is a disaster!" Republican presidential candidate former President Donald Trump and Speaker of the House Mike Johnson (R-LA) hold a press conference at Mr. Trump's Mar-a-Lago estate on April 12, 2024, in Palm Beach, Florida. Joe Raedle | Getty ImagesCohen testified that Trump told him to, "Just do it," to keep Daniels quiet. "Fantastic," Trump said after being told that effort had succeeded, keeping another woman quiet about claims that could harm his 2016 campaign, Cohen testified.
Persons: Michael Cohen, Susan Hoffinger, Donald Trump's, Stormy Daniels, Jane Rosenberg, Donald Trump, Trump, Mike Johnson, Trump's, Cohen, Joe Raedle, Daniels, Allen Weisselberg, Weisselberg, Karen McDougal, reimbursements Organizations: NBC, Trump, Daniels, Mr, Getty, Trump Organization, National Enquirer Locations: Manhattan, New York City, U.S, Louisiana, Lago, Palm Beach , Florida
But while the company's profile in the industry has stayed constant and swaggering, behind the curtain, its business has been increasingly troubled, 10 insiders told Business Insider. Creator economy professionals mingled beneath glowing jellyfish and coral light fixtures inside Jellysmack's creator lounge during VidCon 2023. "As a startup in the ever-evolving creator economy, we are constantly testing and adapting our business model," the Jellysmack spokesperson told BI in a statement. Advertisement"The world was falling apart with the pandemic, but early Jellysmack felt like a dream," the second former staffer told BI. BI viewed two Jellysmack contracts and an email exchange between Jellysmack and one of its creator clients to verify the practice.
Persons: , SoftBank, lanyards, Jellymack, Jellysmack, YouTubers, Brad Mondo, Meta, Michael Philippe, Jellysmack cofounders Swann Maizil, Robin Sabban, Nathan Guetta, Condé Nast, Youri Hazanov, Sean Atkins, hasn't, Snapchat —, Amanda Perelli, JellyFi, deprioritize, that's, it's, Ollie Forsyth, They've Organizations: Service, Business, Facebook, influencers, BI, YouTube, Disney, Comcast, Keli, Big Tech, cryptocurrency, MTV, HBO, Copyright Capital, SoftBank, Productions, OKA Media, Network Media LLC, Crime, Star, Spotify, Crime Network Locations: VidCon, SoftBank
"I expect that inflation will move back down on a monthly basis to levels that were more like the lower readings we were having last year," he told attendees at a banking conference. So we're just going to have to see where the inflation data fall out." The index, a proxy for wholesale prices, accelerated 2.2% on an annual basis, the highest reading in a year. "This will be the most important read of the month [excluding nonfarm payrolls] as inflation continues to defy expectations," said Dan North, senior economist at Allianz Trade North America. Even if the report comes in around consensus expectations, it will be "inadequate progress for the Fed to consider a cut until September," he added.
Persons: Frederic J, Brown, Dow Jones, Jerome Powell, we're, Dan North Organizations: AFP, Getty, Federal Reserve, Labor Department's Bureau of Labor Statistics, Allianz Trade North, Fed Locations: Rosemead , California, Amsterdam, Allianz Trade North America
The plane of former US president Donald Trump takes off from Palm Beach International Airport in West Palm Beach, Florida, on April 3, 2023. The wing of the Boeing jet owned by former President Donald Trump struck a parked plane at a Florida airport after landing safely and taxiing early Sunday morning, the Federal Aviation Administration said on Tuesday. In a statement, the FAA said, "A privately owned Boeing 757 landed safely at West Palm Beach International Airport around 1:20 a.m. local time on Sunday, May 12." "The incident occurred in an area of the airport where the FAA does not direct aircraft. Trump maintains a residence at his Mar-a-Lago club in Palm Beach.
Persons: Donald Trump, Trump Organizations: Palm Beach International, Boeing, Federal Aviation Administration, FAA, Palm Beach International Airport, CNBC, Republican Locations: West Palm Beach , Florida, Florida, Wildwood , New Jersey, West Palm, Lago, Palm Beach, New York
Read previewI saw the northern lights glowing in the California skies last weekend — but just barely. Over the weekend, this solar activity brought the northern lights south, as far as Arkansas, and gave us a rare chance to see it in California. That's when we knew we were seeing the northern lights. My first solid glimpse of the northern lights came through my iPhone camera. AdvertisementWhy photos make the northern lights look more colorful than they areThe skies looked fully pink in my photos.
Persons: , Morgan McFall, Johnsen, San Francisco —, Dan Bartlett, Maria Walach, auroras, Bartlett, I'm Organizations: Service, Business, Mount, State Park, Lancaster University Locations: California, Arkansas, San Francisco, Lake , California, Yosemite
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSolus' Dan Greenhaus: A positive CPI surprise could push stocks up to record highsDan Greenhaus, Solus Alternative Asset Management chief strategist, joins 'Closing Bell' to discuss the market's resiliency, sector winners, and more.
Persons: Dan Greenhaus Organizations: Asset Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Solus' Dan Greenhaus, Invesco's Kristina Hooper and BofA's Marci McGregorSolus' Dan Greenhaus, Invesco’s Kristina Hooper and BofA’s Marci McGregor, join 'Closing Bell' to discuss the market's resiliency, sector winners and their outlook.
Persons: Solus, Dan Greenhaus, Invesco's Kristina Hooper, BofA's Marci McGregor Solus, Invesco’s Kristina Hooper, BofA’s Marci McGregor
In today's big story, we're looking at the people preparing for the collapse of the financial system . The big storyPreparing for the worstAdobe; Chelsea Jia Feng/BIOpinions fluctuate on the economy, but one group has a decidedly strong take. In the subreddit r/economiccollapse, users are preparing for a Soviet Union-type fall of the US economy , writes Business Insider's Jennifer Sor. Further down the economic totem pole, ALICEs (asset limited, income constrained, employed) are struggling to make ends meet . 3 things in techAlex Wong/Getty Images, STR / Contributor/Getty Images, Stephane De Sakutin/Contributor/Getty Images, Abanti Chowdhury/BIHow Mark Zuckerberg turned against the news.
Persons: , Chelsea Jia Feng, Jennifer Sor, Jennifer, aren't, Tyler, there's, Neil Dutta, Jim Simons, annualized, Alex Wong, Stephane De Sakutin, Abanti Chowdhury, Mark Zuckerberg, Zuckerberg, Rupert Murdoch, Sam Altman, Alyssa Powell, Rick Doblin, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, Chelsea, Macro, Renaissance Technologies, Big Tech, Apple, FDA, FOX Locations: Soviet Union, China, Washington, Beijing, New York, London, Chicago
Michael Cohen, former attorney for Donald Trump, arrives to the New York Courthouse on March 13, 2023. Michael Cohen, who spent years working as the personal lawyer and fixer for Donald Trump, is set to testify Monday against the former president in what could be the most critical moment of Trump's New York criminal hush money trial. Once slavishly devoted to Trump, Cohen is now his avowed enemy. The Trump Organization reported the Daniels-related reimbursements to Cohen as legal expenses. Alvin Bragg alleges that this constituted a crime, falsification of business records, committed by Trump to hide the fact that the hush money had protected his then-wobbling presidential candidate at a key moment.
Persons: Michael Cohen, Donald Trump, Trump's, slavishly, Trump, Cohen, Daniels, Alvin Bragg, Joe Biden Organizations: New, Manhattan District, Trump Organization, Democratic Locations: York
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe rebound market still has room to run, says Richard Bernstein's Dan SuzukiDan Suzuki, Richard Bernstein Advisors deputy CIO, joins CNBC's 'The Exchange' to discuss stocks' current rally, sectors with the most opportunity, and more.
Persons: Richard Bernstein's Dan Suzuki Dan Suzuki, Richard Bernstein
As is common in China, the apartment complex in Tianjin sold the units before they were completed. Their concerns are just one example of the wider challenges that persist in pockets of China's property sector. Following early efforts to recoup their money or to garner information about their property purchases, a few buyers said police visited their homes, sometimes in the middle of the night. "I feel like I've been tricked this whole time," one buyer said in Mandarin, translated by CNBC. In all, Nomura estimated late last year that there are around 20 million unconstructed and delayed pre-sold homes in China.
Persons: Wu Qing, Fred Dufour, I've, Dan Wang, Evergrande, Nomura Organizations: Afp, Getty, BEIJING, CNBC, Hang Seng Bank Locations: Tianjin, Beijing, China
This story is available exclusively to Business Insider subscribers. Traditional agencies that work with top Hollywood talent — like blue-chip firms CAA, UTA, and WME — have started representing YouTube, Instagram, and TikTok stars, working with popular creators from Addison Rae to Emma Chamberlain. Some management firms and agencies are focused on specific criteria, like creators in the lifestyle category or those from diverse backgrounds. "There wasn't a huge prioritization of diversity in the influencer space, which was a problem for me, especially as a Black woman," CFG founder Annelise Campbell told Business Insider. "I felt that most brands were not seeing the value of diverse creators and the audiences they serve.
Persons: WME —, Addison Rae, Emma Chamberlain, Annelise Campbell, Shayanne Gal Organizations: Business, Hollywood, CAA, UTA, YouTube, Entertainment
Protesters at the University of Wisconsin-Milwaukee will take down a pro-Palestinian encampment that had stood for two weeks under an agreement reached with the school, university officials said in a statement on Sunday. The encampment, believed to be the last one standing at a Wisconsin college, will be gone by Tuesday, they said. School officials had allowed the encampment to stand and occupy a broad patch of lawn between Mitchell Hall and a busy thoroughfare on the campus’s southern boundary, choosing not to call in the police. That approach differed from one at the University of Wisconsin-Madison, where administrators in early May called in the police to break down the tents after negotiations failed. After the initial crackdown failed to end the encampment, Wisconsin-Madison later came to an agreement with protesters to break down the camp voluntarily before commencement ceremonies over the weekend.
Persons: Mark Mone Organizations: University of Wisconsin, School, Mitchell, Wisconsin -, UWM Popular University for Palestine Coalition Locations: Milwaukee, Wisconsin, Madison, Wisconsin - Milwaukee, Israel, Gaza
The funds must be used by the end of September, creating a sharp funding cliff as schools also struggle with widespread enrollment declines and inflation. Many districts have warned of layoffs as the current school year comes to a close and next year’s budgets are planned. Not only is the federal funding ending, but enrollment at the district’s schools has fallen by nearly 500 students – or roughly 5% – since 2019. Pandemic aid comes to an endAfter the Covid-19 pandemic hit in 2020, Congress authorized three rounds of federal funding to help K-12 schools respond. But that’s partly because some districts, flush with pandemic funding, have been adding positions while enrollment in public schools has been declining nationally.
Persons: Joe Biden, Micah Hill, Hill, Leslie Torres, Rodriguez, , Dan Goldhaber, , Chad Aldeman, Heather Peske, Peske, it’s, ” Peske Organizations: Washington CNN — Schools, Public Schools, CNN, Hartford Public Schools, Secondary School Emergency, , National Council Locations: Missoula , Montana, Missoula, Arlington , Texas, Hartford , Connecticut, Hartford, , CALDER, Washington
In today's big story, we're looking at how a sports bettor trying to hedge a $1.7 million payout shows the gambling world is taking a page out of Wall Street's book . The big storySports gambling goes Wall StreetiStock; Rebecca Zisser/BIHow would you like to turn $100 into $1.7 million in a little over a year? Thanks to a secondary market for gambling tickets, Shelton could sell his ticket to another bettor. And not unlike Wall Street's feelings about retail traders, Shelton is the type of gambler sportsbooks love. Unlike mom-and-pop gamblers who often bet on a whim, so-called sharps' systematic approach to gambling can pose a problem for sportsbooks.
Persons: , Rebecca Zisser, Wayne Shelton, Shelton, Matthew Fox, Anthony Edwards, Joshua Gateley, sportsbooks, Shelton's longshot, Goldman Sachs, Sam Bankman, Fried, Puck, SBF, Justin Sullivan, Getty Sundar Pichai, Pichai, Jack Dorsey, he'd, Mike Solana, Dorsey, Bluesky, Demis, Microsoft's Mustafa Suleyman, they'd, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Sports, MLB, NFL, NBA, Oklahoma City Thunder, Thunder, Dallas Mavericks, Western Conference, ESPN, Boston Celtics, Minnesota Timberwolves, Getty, Detention, MDC, Bloomberg, Bay Area, YouTube, Spotify, Apple, Warner Brothers, Justice League, Big, Honda Locations: China, Russia, Brooklyn's, Young, New York City, New York, Bay, London
Microsoft is having its iPhone moment
  + stars: | 2024-05-10 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +2 min
Microsoft is on the verge of a major turning point with Copilot, analysts said. Analysts from investment bank Wedbush Securities said in a note on Friday that they believe the tech giant is having its "iPhone moment" in AI. Related storiesFor Microsoft, Copilot might be the driver. AI is on track to change the tech industry forever, and they predict it will continue to push Microsoft cloud products like Azure forward. Microsoft Cloud generated $35.1 billion in revenue in the first quarter — up 23% year-over-year — and Nadella said investing in Copilot is part of the reason.
Persons: , they've, Satya Nadella, Dan Ives, Nadella Organizations: Microsoft, Service, Wedbush Securities, Apple, Nadella Locations: Copilot
A think tank hid a free bottle of wine in its website's terms and conditions. Tax Policy Associates founder Dan Neidle said it was a "childish protest" at the need for privacy policies. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In February, UK think tank Tax Policy Associates snuck a tempting offer into one of the clauses on its website's terms and conditions, to see if anybody would actually notice. You can reject them if you like," the privacy policy read.
Persons: Dan Neidle, Organizations: Service, Business
A Florida real-estate firm forecasts that 31 pre-construction condo buildings in the Miami region are ripe for Airbnbs. So many, in fact, that they outnumber the amount of traditional rentals tagged for development over the same time. "We've had a development industry that is adding more short-term rentals to South Florida inventory," Studnicky told BI. AdvertisementDevelopers in the Miami region should focus on creating more traditional rentals to alleviate pressure in the market, Studnicky believes. In the past 10 years, Studnicky estimates a much more robust 20,000 traditional rental units were built in Miami.
Persons: , Craig Studnicky, Studnicky, We've Organizations: ISG, Service, Dade, Miami Homes, Miami Locations: Florida, Miami, Dade County, Broward County, South Florida, Broward
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers are still spending on snacks despite inflation pressure, says J&J Snack Foods CEOJ&J Snack Foods CEO Dan Fachner joins CNBC's 'The Exchange' to discuss their Q2 earnings, outlooks on consumer behavior, and more.
Persons: Dan Fachner Organizations: Consumers, Snack, & & '
Meet Kevin’s A.I. Friends
  + stars: | 2024-05-10 | by ( Kevin Roose | Casey Newton | Rachel Cohn | ) www.nytimes.com   time to read: 1 min
Apple | Spotify | Amazon | YouTube Listen to and follow ‘Hard Fork’Kevin reports on his monthlong experiment cultivating relationships with 18 companions generated by artificial intelligence. Then, Casey has a conversation with Turing, one of Kevin’s chatbot buddies, who has an interest in stoic philosophy and has one of the sexiest voices we’ve ever heard. And finally, we talk to Nomi’s founder and chief executive, Alex Cardinell, about the business behind A.I. Guests:Turing, Kevin’s A.I. Alex Cardinell, chief executive and founder of Nomi.
Persons: Kevin, Casey, Turing, Kevin’s, we’ve, Alex Cardinell, , Kevin’s A.I Organizations: Apple, Spotify, Nomi
Steve Bannon, former adviser to Donald Trump, arrives to federal court in Washington, D.C., U.S., on Wednesday, March 16, 2022. A federal appeals court on Friday upheld the criminal contempt of Congress conviction of former Trump White House senior aide Steve Bannon for refusing to testify and provide documents to the House committee that investigated the Jan. 6, 2021, attack on the U.S. Capitol. Circuit Court of Appeals for the District of Columbia Circuit makes it more likely that Bannon will soon have to begin serving a sentence of four months in jail for his conviction of two counts of contempt of Congress. But Bannon could ask the full judicial line-up of the D.C. He also could ask the U.S. Supreme Court to take an appeal of Friday's ruling.
Persons: Steve Bannon, Donald Trump, Bannon, Peter Navarro Organizations: Washington , D.C, Trump White House, U.S . Capitol, U.S, Circuit, Appeals, District of Columbia Circuit, Supreme Locations: Washington ,, U.S
They’re also plumbed by blood vessels, which lead all the way from the heart. By the time blood vessels reach these extremities, like twigs from a tree, they have branched and got much smaller in size. This rare condition is sometimes called “trash foot,” because of the way in which the feet become so discolored. In adults, however, finding the Babinski sign is an altogether different story. In some otherwise healthy people though, the Babinski sign can be observed during deep sleep.
Persons: They’re, it’s, you’ve, , , Joseph Babinski, Dan Baumgardt Organizations: CNN, of Physiology, University of Bristol Locations: United Kingdom
The Biden administration is set to raise tariffs on China EVs from 25% to roughly 100%. Wedbush's Dan Ives told Bloomberg on Friday that China is very likely to retaliate against the move. Ives said rising competition from cheap Chinese EVs would pose risks to the US domestic EV market. AdvertisementChina is likely to retaliate against the move by President Joe Biden's administration to impose new tariffs on electric vehicles from China, says Wedbush's analyst Dan Ives. Legacy automakers would also take a hit given their large bets on EVs, so the tariffs would protect the Detroit car companies as well as Tesla.
Persons: Biden, Wedbush's Dan Ives, Ives, , Joe Biden's, Dan Ives, Tesla Organizations: Bloomberg, EV, Service, Street, Detroit Locations: China, Nio
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