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Trump was set to turn himself in on Thursday to face his fourth criminal indictment this year. [1/7]Mayor Rudy Giuliani speaks to reporters outside the Fulton County Jail in Atlanta, Georgia, U.S., August 23, 2023. Giuliani and other Trump allies were also accused of making false statements to Georgia lawmakers about the election. Four co-defendants also surrendered at the jail on Wednesday, according to records posted on the Fulton County sheriff's office website. Trump also pleaded not guilty in a Manhattan case involving hush money paid before the 2016 election to a porn star.
Persons: Donald Trump's, Rudolph Giuliani, Giuliani, Fani Willis, Trump, Joe Biden, Rudy Giuliani, Dustin Chambers, Jenna Ellis, Sidney Powell, Kenneth Chesebro, Ray Smith, Trump's, John Eastman, Scott Hall, Cathy Latham, David Shafer, Shafer, Mark Meadows, Jeffrey Clark, Meadows, Jack Smith, Biden, General Merrick Garland, Jack Queen, Susan Heavey, Jacqueline Thomsen, Scott Malone, Will Dunham, Matthew Lewis Organizations: New York City, Democratic, Trump, Jail, REUTERS, Republican, Georgia Republican, White House, Justice, Clark, U.S, Thomson Locations: Fulton County , Ohio, ATLANTA, Atlanta, U.S, Fulton County, Georgia, Fulton, Atlanta , Georgia, Arizona, Pennsylvania, Manhattan, Washington
Attorney Sidney Powell conducts a news conference at the Republican National Committee on lawsuits regarding the outcome of the 2020 U.S. presidential election, Nov. 19, 2020. Tom Williams | Cq-roll Call, Inc. | Getty ImagesConservative attorney Sidney Powell was booked Wednesday at an Atlanta jail on the heels of several more co-defendants of former President Donald Trump surrendering to face criminal charges in his Georgia election interference case. Bond was set at $100,000 for Powell, who aggressively pushed false claims of ballot fraud in the 2020 presidential election. Two people who acted as would-be Electoral College electors for Trump, David Shafer and Cathy Latham, turned themselves in at the Fulton County Jail for booking early Wednesday morning. Fulton County sheriffs stand guard outside the Fulton County Jail in Atlanta, Aug. 22, 2023.
Persons: Sidney Powell, Tom Williams, Donald Trump, Bond, Powell, Racketeer, David Shafer, Cathy Latham, Shafer, Latham, Bonds, Kenneth Chesebro, Trump, Joe Biden's, Ray Smith, Chandan Khanna Organizations: Republican National Committee, Cq, Inc, Getty, Electoral, Trump, Jail, Republican Party, Coffee County GOP, AFP Locations: Atlanta, Georgia, Fulton, Coffee County, Fulton County
Speaking in New York, Giuliani denied wrongdoing and defended Trump. Giuliani played a prominent public role in the Trump campaign's efforts to push false claims of widespread fraud in the 2020 election. Giuliani and other Trump allies were also accused of making false statements to Georgia lawmakers about the election. Ray Smith, a lawyer who previously represented Trump in Georgia, also surrendered on Wednesday. Trump also pleaded not guilty in a Manhattan case involving hush money paid before the 2016 election to a porn star.
Persons: Rudy Giuliani, Donald Trump's, Fani Willis, Giuliani, Trump, Joe Biden, Donald Trump, Kenneth Chesebro, Ray Smith, Trump's, John Eastman, Scott Hall, Cathy Latham, David Shafer, Shafer, Mark Meadows, Jeffrey Clark, Jack Smith, Biden, General Merrick Garland, Jack Queen, Susan Heavey, Jacqueline Thomsen, Scott Malone Organizations: ATLANTA, Trump, New York City, Republican, Democratic, Former New York City, Acquire, Georgia Republican, White House, Justice, U.S, Thomson Locations: Georgia, U.S, Fulton County, Atlanta, New York, Arizona, Pennsylvania, Manhattan, Washington
Crude oil was set to snap a seven-week winning streak as China's slowing economic growth clouded the picture for demand. Jason Da Silva, director, global investment strategy at Arbuthnot Latham, said stock markets were paying the price for bond yields soaring as economic data from the United States smash expectations, despite all the rate hikes so far. Euro zone government bond yields also eased on Friday as concerns about the global economy nudged investors into safe-haven government bonds and further signs emerged that euro zone inflation has peaked. The U.S. dollar recovered from an earlier dip and was standing tall near a two-month top at 103.42 against its major peers. Brent crude futures eased 0.5% to $83.67 and U.S. West Texas Intermediate crude futures were off 0.4% at $79.99.
Persons: Toby Melville, bitcoin, Thursday's, Jason Da Silva, Arbuthnot Latham, Da Silva, Jerome Powell, HSI, China Evergrande, Toby Chopra, Mark Potter Organizations: London Stock Exchange, REUTERS, Companies, Jackson, Global, Nasdaq, ING, Treasury, Federal Reserve, CHINA SHADOW, HK, Japan's Nikkei, Bank of, U.S, Brent, . West Texas, Thomson Locations: Canary Wharf, London, Britain, Japan, U.S, China, United States, Jackson Hole , Wyoming, CHINA, Asia, Pacific, Hong Kong, Beijing, Bank of Japan
CNN —Former President Donald Trump on Monday was criminally charged for the fourth time this year in a sweeping Georgia indictment accusing him of being the head of a “criminal enterprise” to overturn the 2020 election. The indictment from Fulton County District Attorney Fani Willis included 18 defendants in addition to Trump, 41 charges in total and 30 unindicted co-conspirators. Willis’ indictment also went well beyond what transpired in Georgia as she used racketeering violations to charge a broad criminal conspiracy. Here are the takeaways from the Georgia indictment:Another indictment against the 2024 Republican front-runnerAfter the Georgia indictment, Trump is now facing four separate indictments at the same time that he’s running for president in 2024. Indictment highlights under-the-radar breach of Georgia voting systemsSeveral of former Trump’s co-defendants in the indictment are facing charges in connection with the breach of a voting system in rural Coffee County, Georgia, that took place after the 2020 election.
Persons: Donald Trump, Fani Willis, Jack Smith’s, Trump, Smith, Willis ’, Willis, CNN’s Sara Murray –, Joe Biden, Brad Raffensperger, Raffensperger, Georgia Racketeer, Feedback Coates, CNN Wills, , unindicted, Ruby Freeman, Mike Pence, Meadows, Giuliani, Mark Meadows, Rudy Giuliani –, Trump’s, Raffensperger . Giuliani –, Sidney Powell, Misty Hampton, Cathy Latham, Scott Hall Organizations: CNN, Trump, Republican, Georgia, Prosecutors, White House, White, Meadows, Capitol, Georgia House, Senate, Fulton, GOP Locations: Georgia, Fulton County, Georgia County, Monday’s, Pennsylvania , Michigan, Arizona, Wisconsin , Arizona, Coffee County , Georgia, Coffee, Coffee County
Trump was indicted again Monday in connection to his efforts to overturn Georgia's election results. Fulton County DA Fani Willis charged the former president with 13 crimes including racketeering. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. In February, the foreperson for the Fulton County grand jury, who heard months worth of witness testimony told CNN, that the amount of recommended indictments was "not a short list." More than 75 witnesses were called before the grand jury throughout the probe, per CNN.
Persons: Trump, Fani Willis, Donald Trump, Willis, Joe Biden's, David Shafer, Cathleen Latham, Rudy Giuliani, John Eastman, Kenneth Cheseboro, Jeffrey Clark, Jenna Ellis, Ray Smith III, Mark Meadows, Michael Roman, Robert Cheeley, Shawn Still, Stephen Lee Harrison Floyd, Sydney Powell, Sydney Powell Scott Hall, Misty Hampton, Organizations: Fulton, Trump, Service, CNN, Republican, Georgia Republican, Ray Smith III Former Trump, GOP, Trump Trevian, Kanye West Dallas, Sydney Powell Scott, Fulton County Republican Locations: Fulton County, Wall, Silicon, Georgia, Coffee County, Michael Roman Georgia, Chicago
The Manhattan federal court filing detailing her connection to Epstein was filed by the government of the U.S. Virgin Islands, which is suing JPMorgan. On Tuesday, newly unsealed court filings by the bank show that Epstein was asked by former U.S. Virgin Islands Gov. A spokesman for the Virgin Islands' Attorney General's Office told CNBC that Epstein's loan to former Gov. The Virgin Islands spokesman also said that "it was the federal government and not the Virgin Islands government that granted the 'U.S. Epstein was not severed as a JPMorgan client for another two years.
Persons: Kathy Ruemmler, William B, Plowman, NBCUniversal, Jeffrey Epstein, Kathryn Ruemmler, Ruemmler, Goldman Sachs, , Epstein, JPMorgan, Barack Obama, Leslie Groff, Mary Erdoes, Stacey Friedman, litigator, Latham, Watkins, Nicholas Ribis, Donald Trump, Ribis, Virgin, Jes Staley, John de Jongh Jr, Jongh, de, Cecile, General's, de Jongh, John de Jongh, Erdoes, Bear Stearns, Staley Organizations: White, Washington , D.C, Obama White, JPMorgan Chase, JPMorgan, CNBC, U.S ., Virgin, U.S . Virgin Islands Gov, Southern Trust Company, Virgin Islands, Customs, Border, Gov, Virgin Islands Department of Justice, U.S . Customs Locations: Washington ,, Manhattan, Florida, U.S, U.S . Virgin, Latham, Virgin
Now he himself faces a racketeering charge for his central role in the plot to keep Mr. Trump in power. Mark Meadows Former White House chief of staff Mr. Meadows was deeply involved in efforts to keep Mr. Trump in power. During a visit to Georgia, he showed up at a vote-counting facility and put Mr. Trump on the phone with a top state elections investigator. Jeffrey Clark Former Justice Department official A former senior Justice Department official who caused outrage among his colleagues by advancing false election fraud claims and seeking to intervene in the presidential election in Georgia. Ms. Latham was also one of 16 fake electors in Georgia who cast their electoral votes for Mr. Trump.
Persons: Donald J, Trump, Rudolph W, John C, Joseph R, Biden, Ray Smith III, Sidney Powell, ” Kenneth Chesebro, Mr . Biden, Mark Meadows, Meadows, Michael Roman Trump, Jeffrey Clark, Misty, Robert Cheeley Lawyer, Jenna Ellis, Ms, Ellis, Cathy Latham, Latham, David Shafer, Shafer, , Mike Pence, Shawn Still, Mr, Trevian, Kutti, Ye, Stephen C, Lee Pastor, Willie Lewis Floyd Organizations: Giuliani, New York, Eastman, Trump, Mr, Mark Meadows Former White House, Jeffrey Clark Former Justice Department, Department, Misty Hampton, Republican Party, Georgia Republican Party, Electoral College of Georgia, Kanye West, Prosecutors Locations: Georgia, U.S, Trump, Misty Hampton Coffee, Coffee County, Fulton County, Illinois, Atlanta
Several individuals involved in the voting systems breach in Coffee County are among those who may face charges in the sprawling criminal probe. They have gathered evidence indicating it was a top-down push by Trump’s team to access sensitive voting software, according to people familiar with the situation. That group included members of Sullivan Strickler, a firm hired by Trump’s attorneys to examine voting systems in the small, heavily Republican Georgia county, according to text messages obtained by CNN. Friess then notified operatives who carried out the Coffee County breach and others working directly with Giuliani that Trump’s team had secured written permission, the texts show. Coffee County was the only county in Georgia that failed to certify its election results due to issues raised by Hampton at the time.
Persons: Donald Trump’s, Fani Willis, Trump, Brad Raffensperger, Willis, Joe Biden’s, , Misty Hampton, Trump’s, Rudy Giuliani –, , Sidney Powell, Willis ’, Giuliani, , Katherine Friess –, Sullivan Strickler, Friess, Coffee County , Georgia ”, Bernie Kerik, Kerik, Sullivan, “ Rudy Giuliani, Robert Costello, , Rudy Giuliani, Sidney, ” “, Former New York Mayor Giuliani, Hampton –, Hampton, Cathy Latham, Latham Organizations: CNN, Fulton, Republican Coffee, Trump, Georgia, White, Republican, NYPD, Former New York, Washington Post, Hampton Locations: Atlanta, Georgia, Coffee County, Fulton County, Coffee, Fulton, Republican Georgia, Coffee County , Georgia, , Hampton
Yet a sharp drawdown in the excess savings created by COVID-19 could be a curve ball that slams into bullish sentiment. U.S. excess savings have fallen to around $500 billion from around $2.1 trillion in August 2021, the San Francisco Federal Reserve estimates. In Europe, Deutsche Bank reckons excess savings in Sweden, struggling to contain a property slump, have dwindled. Reuters GraphicsRUNNING OUTDefinitions for excess savings differ, but economists generally agree that this means savings that went beyond trend levels during the pandemic. Cardano chief economist Shweta Singh said U.S. pandemic excess savings are likely to be depleted by year-end.
Persons: Rachel Adams, Janus Henderson, Oliver Blackbourn, Shweta Singh, Guy Miller, Jamie Dimon, Ben, Eren Osman, Arbuthnot Latham, Janus Henderson's Blackbourn, U.S . Russell, Russell, Goldman Sachs, Blackbourn, Zurich's Miller, Simon Bell, Guilluame Paillat, Paillat, Naomi Rovnick, Sharon Singleton Organizations: Oxford, REUTERS, San Francisco Federal, Deutsche Bank, Reuters, Insurance Group, Ryanair, JPMorgan, Unilever, U.S ., London's, Bank of, Aviva, Thomson Locations: Britain, London, China, Europe, U.S, Sweden, United States, downturns, Australia
Donald Trump on Monday lost his latest effort to quash a special Georgia grand jury report and disqualify the Atlanta district attorney who is considering whether to criminally charge him with interfering in the state's 2020 election. The ruling by a Superior Court judge marked the second time this month that Trump has lost an effort to have Fulton County DA Fani Willis disqualified. Speaking at a campaign rally in Pennsylvania that same day, Trump said he expected Willis to indict him. Willis is investigating attempts by Trump and his allies to get Georgia officials to reverse his election loss to President Joe Biden in the state in 2020. Fulton County Judge Robert McBurney wrote in his ruling Monday that neither Trump nor Cathleen Latham, who was an "alternate" elector for Trump in 2020, had legal standing to challenge the grand jury report and the role of Willis.
Persons: Donald Trump, Trump, Fani Willis, Willis, I've, I'm, Joe Biden, Robert McBurney, Cathleen Latham, McBurney, Trump's, Latham Organizations: Monday, Fulton, Atlanta CNN, Georgia, Trump Locations: Georgia, Atlanta, Fulton County, Pennsylvania, Fulton
CNN —A judge in Fulton County, Georgia, on Monday rejected efforts by Donald Trump’s legal team to toss evidence in the criminal investigation into the former president’s efforts to overturn the 2020 election in Georgia and to disqualify the district attorney investigating him. Fulton County Superior Court Judge Robert McBurney also rejected efforts by Cathy Latham, who served as one of the GOP fake electors in Georgia, to join Trump’s push. CNN previously reported that Willis is considering bringing racketeering and conspiracy charges in connection with Trump and his allies’ efforts to overturn the 2020 election in Georgia. Trump’s team already raised their arguments before the Georgia Supreme Court, which dismissed Trump’s attempt to shut down the investigation. A hearing on that matter is currently scheduled before another judge on August 10.
Persons: CNN —, Donald Trump’s, Robert McBurney, Cathy Latham, Trump, Latham, , McBurney, Fani Willis, Willis, Trump’s, ” McBurney, , Willis ’ Organizations: CNN, Fulton, Fulton County DA, Trump, CNN Fulton, Georgia Supreme, Attorney Locations: Fulton County , Georgia, Georgia, Fulton County, CNN Fulton County
Hunter Biden's plea deal with federal prosecutors fell apart at the last minute in a court hearing Wednesday. Wise said the plea deal wouldn't cover other potential crimes. At that point, according to the Times, Biden's lawyer said the plea agreement was "null and void." After news of the charges in June, Biden's attorneys said the plea would resolve the Justice Department's investigation into his conduct. On Tuesday, Republican Rep. Jason Smith of Missouri, the chairman of the powerful House of Representatives Ways and Means Committee, tried to intervene in the proceedings by asking the judge to reject the plea deal.
Persons: Hunter, Maryellen Noreika, Leo Wise, Biden, David Weiss, Wise, Biden's, Hunter Biden, , Donald Trump, Weiss, Jason Smith of, Trump, Latham & Watkins, Smith, Ted Kittila, Jessica Bengels Organizations: New York Times, Prosecutors, Times, Department, Justice Department, The Heritage Foundation, Republican, Latham & Locations: Delaware, Wilmington , Delaware, Europe, Asia, Jason Smith of Missouri
Tech stocks have been boosted by exuberance about artificial intelligence as well as hopes the Federal Reserve will soon end the aggressive interest rate rises that bludgeoned valuations of more speculative businesses in 2022. Owning big tech is also the "most crowded" trade in global markets, Bank of America strategist Michael Hartnett warned in a note to clients this week. This was just the latest downside surprise on prices for a major economy after more than 18 months of central banks cranking interest rates higher. Sterling lost 0.96% to trade at $1.291 as market bets that the Bank of England would raise interest rates as high as 6%, from the current 5%, faded out. London's blue-chip FTSE 100 (.FTSE) added 1.6% and the domestically focused FTSE 250 (.FTMC) rose 3.2%, on track for its best daily performance since February 2.
Persons: Sterling, Michael Hartnett, Hartnett, BofA, Stuart Kaiser, Eren Osman, Arbuthnot Latham, BoE, Samuel Tombs, Kenneth Broux, Germany's, Tom Westbrook, Bernadette Baum, Kim Coghill, Chizu Organizations: Stock, Wall, Tesla, Netflix, Nasdaq, Tech, Reserve, Bank of America, Citi, Bank of England, Macroeconomics, Sterling, . Federal, Societe Generale, Thomson Locations: London, Sydney
Interest rate futures showed markets have fully priced in another rate hike from the Federal Open Market Committee (FOMC) later this month, but expectations of any further increases have faded. The softer dollar helped gold prices advance to near one-month highs, while oil prices hovered above $80 a barrel. The MSCI All Country stock index (.MIWD00000PUS) was up 0.5% at 691 points, hitting a new high for the year. It is up 13.5% so far in 2023, though still not wiping out all of the near 20% loss in 2022. Brent crude futures rose 0.2% to $80.27 per barrel and U.S. West Texas Intermediate crude futures were slightly firmer at $75.80.
Persons: Eren Osman, Arbuthnot Latham, Osman, Stocks, Premier Li Qiang, Bonds, Huw Jones, Stella Qiu, Lincoln, Kim Coghill, William Maclean, Chizu Organizations: PPI, Federal Reserve, Treasury, Federal, Market, Arbuthnot Latham & Co, Japan's Nikkei, Premier, Brent, . West Texas, Thomson Locations: Asia, Europe, U.S, CHINA, China, Pacific, Japan, Hong Kong
The tech employees spoke with us on the condition of anonymity to avoid professional reprisal. There's only one real culprit for the culture of "fake work," he said. The latest version of fake work emerged as part of the tech industry's pandemic-driven boom and bust. "I think COVID was an accelerator for fake work because a lot of these tech companies hired. As for Graham, he's since moved to another tech company, where he said he felt his contributions were more valued.
Persons: Graham, wouldn't, Keith Rabois, Rabois, Brit Levy, Scott Latham, University of Massachusetts Lowell, Brent Peterson, Gaylan Nielson, Rich Moran, " Moran, Melina Mara, he'd, Moran, Anna Tavis, Stewart Butterfield, Bloomberg's, LINDSEY WASSON, it's, Salesforce, What's, Mark Zuckerberg, Sundar Pichai, Zuckerberg, Brad Glasser, Meta, Greg Selker, Stanton Chase, Jessica Kennedy, Kennedy, NYU's Tavis, Hugh Langley, Grace Kay Organizations: Amazon, Alexa, Big Tech, Google, University of Massachusetts, Washington, Getty, Meta, Microsoft, overhiring, New York University's School, Professional Studies, Slack, Command, Bloomberg, Vanderbilt University, Companies Locations: New, Salesforce, he's
(Reuters) - U.S. law firm Paul Hastings said Thursday that it has hired two partners from rival Goodwin Procter as practice leaders in New York and Washington, D.C.Seo Salimi is departing Goodwin after more than eight years to co-lead Paul Hastings' equity capital markets and corporate life sciences practices in New York. His clients have included Karuna Therapeutics, CRISPR Therapeutics, Goldman Sachs and J.P. Morgan Securities, according to his former profile on Goodwin's website. Salimi is joining Paul Hastings along with Sean Donahue, who will chair the firm's public company advisory practice group and co-chair its shareholder activism and takeover defense group. The Los Angeles-founded firm has hired at least 24 partners globally since January. Read more:Law firm Goodwin taps new Silicon Valley-based chairPaul Hastings team takes Latin America-focused deal practice to Baker McKenzieOur Standards: The Thomson Reuters Trust Principles.
Persons: Paul Hastings, Goodwin Procter, Seo Salimi, Goodwin, Salimi, Goldman Sachs, J.P, Sean Donahue, Donahue, Dana Syracuse, Perkins Coie, Kenneth Deutsch, Latham & Watkins, Baker McKenzie Organizations: Reuters, . Securities, Exchange Commission, Karuna Therapeutics, CRISPR Therapeutics, Morgan Securities, Washington , D.C, of Corporation Finance, Latham &, Latin, Thomson Locations: New York, Washington, Washington ,, SEC's, Los Angeles, Boston, Latin America
Dow Futures, Bank Stock Rise: Live Updates
  + stars: | 2023-06-29 | by ( ) www.wsj.com   time to read: +2 min
Stock futures edged higher as investors awaited data on inflation and economic growth and digested comments by central-bank chiefs. Meanwhile, bank stocks rose in premarket trading Thursday after the Fed said the biggest U.S. lenders remained healthy . Stock futures were up. The yield on the 10-year bund advanced to 2.357% ahead of German inflation data due at 8 a.m. U.S. bank stocks climbed premarket.
Persons: Jerome Powell, Christine Lagarde, Andrew Bailey, , Jason Da Silva, Arbuthnot Latham Organizations: European Central Bank’s, Bank of England Gov, Fed, U.S, Stock, Futures, Nasdaq, Dow, Treasury, bund, Bank of New York Mellon, Bank of America, UniCredit, Nikkei Locations: European, Spain, U.S, China, Europe
Our experts answer readers' student loan questions and write unbiased product reviews (here's how we assess student loans). Borrowers who have refinanced federal loans into private loans are ineligible for forgiveness. See Insider's picks for the best student loan refinance lenders >>What is Biden's student loan forgiveness plan? Federal student loans you've refinanced are not eligible for forgiveness under Biden's debt relief plan. Types of student loans that are eligible for forgivenessThe Education Department maintains a list of eligible student loans on its website, which includes the following:Federal Direct Loans — subsidized, unsubsidized, PLUS loans, and consolidation loansFederal Family Education Loan (FFEL) Program loans (ended in 2010)Federal Perkins Loan Program loans (ended in 2017)Education Department-held defaulted loansAll loans funds must have been received on or before June 30, 2022.
Persons: Pell Grant, , Biden, Pell, you've, doesn't, Andrew Latham, Biden's, Perkins, Latham Organizations: Service, , Pell Grants, Education Department, US, of Education, Department, Federal, Family Education, Loan Program, Public
Our experts answer readers' personal loan questions and write unbiased product reviews (here's how we assess personal loans). What does it mean to prequalify for a personal loan? 4 steps to prequalify for a personal loanHere are the steps you'll take to get prequalified for a personal loan. See Insider's picks for the best personal loans for bad credit >>Prequalifying for a personal loan FAQSWhat is the difference between prequalification and preapproval for a personal loan? How long does it take to prequalify for a personal loan?
Persons: Prequalification, , Andrew Latham, you'll, Latham, It's, They'll, Fiona, you've, You'll, Nathan Hoskin, it'll, it's Organizations: Service, Hoskin, Chevron
What Is Cash Value Life Insurance and Is It Worth It?
  + stars: | 2023-06-09 | by ( ) www.wsj.com   time to read: +10 min
What is cash value life insurance? Although you’ll see insurance companies advertise various life insurance products, all policies can be divided into two categories: term and cash value. How your policy’s cash value worksCash value life insurance is so named because of its ability to build cash value. Types of cash value coverageThere are two main types of cash value insurance:Whole lifeWhole life insurance is the most popular form of cash value insurance. Universal lifeUniversal life policies are more flexible than whole life policies.
Persons: Kat Tretina, you’re, PolicyGenius, Jay Zigmont, , they’re, ” Zigmont, Andrew Latham, you’ll, , Latham Organizations: Universal, American Council of Locations: Water Valley, Miss, Santa Ana, Calif
SEC Chair Gary Gensler, who is in the midst of a hefty crackdown on crypto companies, offered to serve as an advisor to Binance's parent company in 2019, according to the lawyers for Binance and founder Changpeng Zhao. Before Gensler started going after Binance, he was trying to cozy up to the company, the lawyers say. The Wall Street Journal previously reported on Gensler and Binance's relationship, citing internal Binance messages and a person close to the SEC chair. Zhao's lawyers now say that the Zhao understood that Gensler was "comfortable serving as an informal advisor." Because of Gensler's ties to Zhao, Binance's lawyers said they'd asked for his recusal from any actions regarding the company.
Persons: Gary Gensler, Emanuel Cleaver, Changpeng Zhao, Gibson Dunn, Latham, Watkins, Gensler, Zhao, Biden, Binance, Gibson, Gensler's, they'd, Zhao's Organizations: Financial, Securities and Exchange Commission, SEC, Massachusetts Institute, Technology's Sloan School of Management, Binance, Street, MIT, Financial Services Committee, Facebook, CNBC Locations: Rayburn, Japan, Gensler, UAE
Fox will pay $6 million, and CBS, now known as Paramount Global (PARA.O), will pay $5 million, the court filing showed. Representatives for Cox, Fox and CBS either declined to comment or did not immediately respond to a message seeking comment. Representatives from those defendants either declined to comment on the pending litigation or did not immediately respond to messages seeking comment. Plaintiffs' attorney Megan Jones at law firm Hausfeld, on Tuesday did not immediately respond to a message seeking comment. The case is In re: Local TV Advertising Antitrust Litigation, U.S. District Court for the Northern District of Illinois, No.
Persons: Cox, District Judge Virginia Kendall, schemed, Sinclair, Kendall, Megan Jones, Hausfeld, Freed, Robins Kaplan, Jennifer Giordano, George Cary, Cleary Gottlieb Steen, Nathan Eimer, Eimer Stahl, Weil, Brian Sher, Bryan Cave Leighton, Mike Scarcella, Leigh Jones Organizations: Fox, CBS, Cox Media Group, Fox Corp, CBS Corp, Northern, Northern District of Illinois, Paramount Global, U.S, District Judge, Cox, Sinclair Broadcasting Group Inc, Scripps Company, TEGNA Inc, U.S . Justice Department, Local, Antitrust Litigation, Northern District of, Millen, Latham, Watkins, Hamilton, Thomson Locations: U.S, Northern District, Chicago, Northern District of Illinois
Fewer Adults Have Life Insurance, but Skipping It Can Be Risky
  + stars: | 2023-05-15 | by ( ) www.wsj.com   time to read: +11 min
But financial planners say a basic life insurance policy, especially products known as term life insurance, should be an important part of many Americans’ financial plans. A life insurance policy:Replaces lost income: If you were to pass away, your family could use your life insurance policy’s death benefit to replace your income. How to shop for life insuranceIf you’re ready to start shopping for a life insurance policy, follow these steps:1. According to PolicyGenius, an insurance marketplace, typical rates for a whole life policy, the most common type of permanent life insurance, are about 10 times the cost of a term life policy. Term Life Insurance Because term life insurance expires, it's often a far cheaper option.
The Georgia investigation could potentially result in another state-level criminal indictment of Mr. Trump, following his indictment in New York in early April. Ms. Willis indicated late last month that any indictments, initially anticipated in May, would not come until mid-July at the earliest. Ms. Willis also said at the time that Ms. Debrow was representing people who were making accusations against another one of her clients, amounting to an untenable conflict. He was, for a time, Ms. Debrow and Ms. Pierson’s client, but is now represented by Ms. Pierson and another lawyer. Both Ms. Pierson and Ms. Debrow have been paid by the state Republican Party.
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