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This week, a judge signed off on Do Kwon and his bankrupt Terraform Labs settling with the U.S. Securities and Exchange Commission for $4.5 billion. This comes after a jury unanimously found Kwon and his company liable for securities fraud following less than two hours of deliberation. But investors piled in anyway, giving luna and UST a combined market value of almost $40 billion at one point. Terraform and Kwon fought our efforts to investigate – taking a fight over investigative subpoenas all the way to the Supreme Court. They are Caroline Ellison, the Alameda Research CEO who at one time dated Bankman-Fried; FTX engineering chief Nishad Singh; and Gary Wang, the co-founder and chief technology officer of FTX.
Persons: Kwon, Woohae Cho, Sam Bankman, Changpeng Zhao, Luna, atoning, Alex Mashinsky, Wall, Stevo Vasiljevic, Reuters Kwon, He's, Satoshi Nakamoto, Elon Musk, Mike Novogratz, Gary Gensler, , Fried, Fatih Aktas, Lewis Kaplan, Kaplan, Bankman, convicting, Prosecutors, Ryan Salame, Caroline Ellison, Nishad Singh, Gary Wang, FTX, Jason Redmond, Zhao, Richard Jones, , Binance, Justin Sullivan Organizations: Terraform Labs, Bloomberg, Getty, U.S, Forbes, Arrows Capital, Voyager, U.S . Securities, Exchange Commission, Labs, U.S . Justice Department, Futures Trading Commission, Treasury Department, bitcoin, BlackRock, Fidelity, Reuters, terraUSD, UST, Traders, Twitter, SEC, Supreme, Anadolu Agency, Alameda Research, ., Republicans, Bankman, AFP, of Prisons, District, Bank, DOJ, CFTC, Treasury, Binance, New, Commercial Bank Locations: U.S, Balkans, Podgorica, Montenegro, Singapore, Dubai, Serbia, Balkan, South Korea, United States, lockstep, New York, Manhattan, Seattle, Lompoc , California, Binance
“The James Webb Telescope: Are We Alone?” on The Whole Story With Anderson Cooper offers an inside look at the most powerful telescope ever built. The Beta Pictoris system, located just 63 light-years from Earth, has long intrigued astronomers because of its proximity and age. “So I was super excited to reobserve this system in 2023 using the James Webb Space Telescope,” Chen said. The dust was then pushed out of the planetary system by radiation from the central star, which is slightly hotter than our sun. But the powerful Webb telescope was unable to detect any dust.
Persons: James Webb, Anderson Cooper, Pictoris, Christine Chen, , , ” Chen, Beta, Chen, Webb, JWST, Cicero Lu, Johns Hopkins, Spitzer, Kadin Worthen, “ We’re Organizations: CNN, Beta, Johns Hopkins University, American Astronomical Society, Spitzer, Telescope, Johns, Johns Hopkins Locations: Baltimore, Madison , Wisconsin
Read previewAlmost nobody should try to turn their passion into a career, bet the farm on a single investment, expect to escape rejection in life — or pay for private school, says Scott Galloway. Galloway is a marketing professor at NYU Stern and a host of podcasts like "Pivot" and "The Prof G Show." Related stories"As you get older, you become really passionate about taking care of your kids," he said. "You become really passionate about doing wonderful things with your spouse, taking care of your parents, and your priorities change." Advertisement"All you need is one good mentor, a few good friends, one wonderful mate, one business that works," Galloway said.
Persons: , Scott Galloway, NYU Stern, G, Galloway, I've, Kanye, Madeleine Albright, Stephen Hawking Organizations: Service, NYU, Business, Grace Locations: Scott Galloway . Galloway
Louisa Rogers is intentional about strengthening connections with old friends. Courtesy Louisa RogersAlways be open to new connectionsI keep an eye out for potential candidates because I've lost friends to moves and deaths. Stay connected with old friends online and in personWhile I was growing up, my family moved a lot, so I treat old friends as my roots. Focus more on individual friends than couple friendsBarry and I don't have many couple friends, and for a long time it bothered me that we've rarely been part of what our single friends call the "couple culture." But I find couple friends to be overrated — a four-way quadrant dynamic is usually less intimate than a one-on-one or three-way connection.
Persons: Robbie, we'll, Barry, we've, Beth, Sue, Louisa Rogers, I've, I'd Organizations: Business, Girl Scouts Locations: Eureka , California, Eureka ., East Coast, Guanajuato, Mexico
And people love them some “Game of Thrones.” Like seriously love it. (I also have to read book series in strict order, but I digress). The first book is titled “A Game of Thrones” and I settled in fully expecting to be engrossed by all 694 pages. Ollie Upton/HBOWih this weekend’s premiere of the second season of the “Game of Thrones” spinoff “House of the Dragon” I decided to try again. So sorry “House of the Dragon,” it doesn’t appear we’re meant to be.
Persons: Winter, HBO Max I, George R, Martin, , , I’m, I’ve, Jon Snow, Kit Harington, Megan Thomas, Adam Elkus, Rhys Ifans, Olivia Cooke, Ollie Upton, Renee Frederick, nope, it’s, that’s, Taylor Swift Organizations: CNN, , HBO Locations: Westeros,
Catherine Reappears, in White
  + stars: | 2024-06-15 | by ( Vanessa Friedman | ) www.nytimes.com   time to read: +1 min
On Saturday morning Catherine, Princess of Wales, tiptoed back onto the public stage for the first time since announcing her cancer diagnosis last year in her signature color-coordinated way, joining the rest of the royal family on the balcony of Buckingham Palace for the traditional finale flyover of King Charles’ birthday parade. She wore a white knee-length Jenny Packham dress with a black-and-white striped belt and a jaunty bow at the neck, topped off with a Phillip Treacy hat, angled just so. As a family unit, on the balcony, it created the image of a tightly controlled, unmistakably harmonic, unified front for a photo op set to go ’round the country. Nothing anxiety-provoking to look at here, the picture seemed to say. Everything’s going to be fine.
Persons: Catherine, Princess of Wales, tiptoed, King Charles ’, Jenny Packham, Phillip Treacy, Princess Charlotte, Princes George, Louis, Jack, Charles and Prince Edward Locations: Buckingham
When my husband Brian first told me he's from Laguna Beach, it took everything in me to play it cool. Deciding we wanted to stay in Laguna Beach wasn't hard — I mean, it's beautiful, sunny, laid back, and has a thriving art scene. Finding a creative way to live in Laguna BeachThe median home price in Laguna Beach hovers around $3 million and the median monthly rent is over $8,000. Take a look inside our 'vintage' Laguna Beach trailerOur two-bedroom, two-bathroom home was built in the 1960s. The trailer is across the street from the beach and Jaclyn and Brian typically head over a couple days a week.
Persons: Brian, millennials, I'd, Kristin, Seth, Brian's, we'd, We've, Jaclyn Westlake, we're, Jaclyn, Tristan Pelletier, you'll, it's, Brian didn't, Indiana Jones, we've Organizations: CNBC, Brian's Locations: Laguna Beach, Los Angeles, Laguna, Brian's, It's, California
Welcome to the age of geriatric millionaires
  + stars: | 2024-06-15 | by ( Juliana Kaplan | ) www.businessinsider.com   time to read: +8 min
While it makes sense that time is often a crucial ingredient to accruing savings and assets, the average age of millionaires in the US has been rising faster than the average age of the overall population over the last three decades. How millionaires are changingSince 1992, the average age of the country's millionaires has been going up. That means that younger millionaires aren't joining their ranks fast enough to keep the average age steady. Millionaires are overrepresented beginning around age 50, but track pretty cleanly with the cohort in their 40's. What does it mean to have so many older millionaires?
Persons: , Chuck Collins, inequality.org, Collins, America's, aren't, Garrett Watson, that's, Watson, Xers, Gen Xers, they've, haven't, That's, It's, Ed Yardeni, They're, Redfin, King Charles, King Charles III of, it's, You've Organizations: Service, Business, Policy Studies, Forbes, Consumer, Millionaires, Tax, Security, Labor, Institute for Policy Studies Locations: United Kingdom
When “House of the Dragon,” HBO’s hit “Game of Thrones” prequel based on the book “Fire and Blood” by George R.R. The Blacks are led by Rhaenyra Targaryen (Emma D’Arcy). Team BlackQueen Rhaenyra Targaryen (Emma D’Arcy)Long the only child of the late King Viserys Targaryen, Rhaenyra was proclaimed heir by the king in defiance of centuries of tradition that held that only males could rule. But Viserys’s marriage to Rhaenyra’s childhood friend Alicent Hightower and the subsequent birth of Aegon created a rift within the royal family. After learning of her father’s death and Aegon’s crowning in the capital city, King’s Landing, Rhaenyra launched her rival reign from House Targaryen’s ancestral island home, Dragonstone.
Persons: ” HBO’s, George R.R, Martin, Rhaenyra Targaryen, Emma D’Arcy, King Viserys, Westeros, Tom Glynn, Carney, Alicent Hightower, Olivia Cooke, Viserys Targaryen, Rhaenyra Organizations: Blacks, Aegon, Greens, HBO
If you're trying to get work done while the kids are home this summer, keeping them entertained is a way to stay productive and somewhat sane. Related storiesThinking of new activities all the time can be draining, but I'm here to tell you you don't have to be a crafty or artistic parent to keep your kids engaged and entertained this summer. Toddlers and preteens alike love making peelable nail polish or homemade window clings. Construction paper and painter's tape can make tunnels for toy cars that will keep kids entertained for ages. AdvertisementThe author says making slime is a great way to keep kids entertained.
Persons: , Kate Bast, there's, I've, Mellow, Carol Yepes, you'll, they'll Organizations: Service, Business
An American Airlines passenger who kicked and spit at flight attendants and passengers and attempted to open the cabin door before she was secured to a seat with duct tape has been sued by the Federal Aviation Administration for $81,950, the largest-ever fine issued by the agency for unruly behavior. The passenger, Heather Wells, 34, of San Antonio, was traveling first class from the Dallas-Fort Worth International Airport in Texas to the Charlotte Douglas International Airport in Charlotte, N.C., on July 7, 2021, when about an hour into the flight she ordered a Jack Daniel’s and became agitated and said she “wanted out” of the plane, according to a lawsuit filed on June 3 in U.S. District Court for the Western District of Texas. Ms. Wells began running toward the back of the plane, where she dropped to her knees in the aisle and began “talking incoherently to passengers, before crawling back toward the main cabin,” the lawsuit said. When a flight attendant responded, Ms. Wells “became verbally aggressive and told the flight attendant that she would ‘hurt him’ if he didn’t get out of her way,” according to the court document.
Persons: Heather Wells, Jack Daniel’s, , Wells, Wells “, didn’t Organizations: American Airlines, Federal Aviation Administration, Fort Worth International, Charlotte Douglas International, Western, Western District of Texas Locations: San Antonio, Dallas, Texas, Charlotte, N.C, U.S, Western District
Related storiesAccording to Cappel, their first two trips were filled, and all guests expressed interest in another "phone-free" trip. AdvertisementShe acknowledged that tech-free travel hasn't become completely mainstream, "People are still a little intimidated by the idea." The reasons for going phone-free when traveling varyOne popular motivation is for couples to spend quality time with their partners. Phone-free travel can also help with burnoutLast summer, nonprofit strategist Izzy Doonan did a tech-free week-long trip in the Cascades with her partner and another couple. FTLO provides the trip leaders' phone numbers and full itineraries with contact information to travelers to share with whoever might need it.
Persons: , they're, Hector Hughes, Hughes, Tara Cappel, We're, Cappel, haven't, it's, Elena Mnayarji, Elena, Izzy Doonan, Doonan, wasn't, Mnayarji Organizations: Service, Business, Pew Research Center, Group, Berkeley, Logistics Locations: Thailand, Scottish, Mallorca, FTLO
Labor market looks fine, says Yardeni Research president
  + stars: | 2024-06-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLabor market looks fine, says Yardeni Research presidentEd Yardeni, Yardeni Research president, joins 'Squawk on the Street' to discuss if the market will celebrate slowing growth, if the labor market is 'turning the page,' and the threat of a market melt-up.
Persons: Ed Yardeni Organizations: Labor, Yardeni Research
It began, seemingly, with a few innocuous social media posts comparing Mike Faist, co-star of the titillating tennis throuple film “Challengers,” to a dormouse. No, he’s Stuart Little, if Stuart Little was hot. “How ‘hot rodent’ men became Hollywood’s sexiest heartthrobs: Gen Z fans are going wild for actors with unusual features including Barry Keoghan, Kieran Culkin and Jeremy Allen White,” read the headline. How do these men — heartthrobs of the moment, even — feel about being categorized as “hot rodents”? “It was clearly not meant as an insult and even though some people would take it as an insult, I mostly felt it was a way of saying that I was cute.”While by no means exhaustive, these responses suggest men feel mostly fine with the “hot rodent” trend.
Persons: Mike Faist, , he’s Despereaux, he’s Stuart Little, Stuart Little, Lucy Ford, Faist’s, Josh O’Connor, Barry Keoghan, Timothée Chalamet, Jeremy Allen White, Glen Powell, Kieran Culkin, , Powell, Jimmy Fallon, , ” stewart, dooney, “ She’s, Gustav Organizations: CNN, Daily Mail, New York Times, Guardian, London Times, NBC Locations: capybaras
“I believe he’ll be a pro-life president in the future also.”Many senior Trump administration alumni and allies are now mapping out and drafting policy options for a second Trump term. A second Trump term would also put back in place and expand restrictions on Title X grants – federal funds for public and nonprofit groups that provide family planning. Resurrecting these actions in a second Trump would almost entirely be up to the discretion of whomever he appoints to lead the relevant federal agencies. With Roe v. Wade’s protections erased, anti-abortion activists would like a second Trump administration to push harder than it did before – especially in restricting access to mifepristone. Abortion rights advocates worry he could play an outsize role shaping abortion restrictions in a potential second Trump administration.
Persons: Donald Trump’s, Ronald Reagan, , Roe, Wade, Dobbs, Trump, ” Trump, , Trump –, Joe Biden’s, Kellyanne Conway, ’ ”, Mary Ziegler, Davis, Roger Severino, Trump’s, Reagan, Biden, ” Julie Lewis, Ziegler, David S, Cohen, Comstock, Skye Perryman, ” Mark Lee Dickson, Donald J, ” Dickson, “ He’s, Jonathan Mitchell, Mitchell Organizations: CNN, Trump, New, Capitol, “ Republicans, Democratic, Republican, Fox, Heritage Foundation, Biden’s, Department, University of California, Trump Health, Human Services, HHS, Food and Drug Administration, DOJ, UC Davis, Food, FDA, ” Drexel University, White, Justice Department, Democracy, Department of Justice, Cities, mifepristone, Time Locations: New York, Florida, Arizona, Mexico, Texas, America, United States, Colorado
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWill Donald Trump go to jail? Here's what to expect from the former president's sentencingFormer U.S. President Donald Trump was found guilty of 34 counts of falsifying business records during his hush money criminal trial in New York City. That's a class E felony punishable by a fine, probation or up to four years in prison per count. CNBC's Dan Mangan breaks down the different legal scenarios the former president could find himself in when he receives his sentencing on July 11.
Persons: Will Donald Trump, Donald Trump, CNBC's Dan Mangan Organizations: U.S Locations: New York City, That's
But I didn't expect my ambivalence toward dogs to be a dealbreaker in my adult dating life. I confessed I wasn't the biggest dog person, and he ghosted me. Don't get me wrong: I don't hate dogs. But, as glamorous as it sounds, I don't share the innate obsession with dogs many people seem to have. This is my biggest secret: If I love you, I will begrudgingly love your dog, too.
Persons: , David, Rottweiler, That's frustratingly, I've, Suzy Organizations: Service, Business Locations: America, Chihuahua, Europe
CNN —The annual G7 summit, a gathering of leaders of some of the world’s wealthiest democracies, used to be a staid, predictable affair. Tensions were about to explode in 2018, when G7 leaders met in Canada. Behind the smiles and waves, a fraught 2018 G7 summit in Canada. German Chancellor Angela Merkel deliberates with US president Donald Trump on the sidelines of the 2018 G7 summit in Canada. German Chancellor Angela Merkel chats with a relaxed US President Barack Obama outside during the 2015 G7 summit in southern Germany.
Persons: Frida Ghitis, Read, Joe Biden, Pope Francis, Volodymyr Zelensky –, , Donald Trump, Justin Trudeau, Cole Burston, Trump, Angela Merkel, Merkel, Angela Merkel deliberates, Jesco Denzel, Barack Obama, Michael Kappeler, George W, Bush, backrub, Vladimir Putin, Putin, Covid, ” Biden, ” Macron, Boris Johnson, Ludovic Marin, Biden, Emmanuel Macron’s, autocrats, Lady Melania Trump, Trudeau, Andrew Parsons, Giorgia Meloni, Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, European Council, Canadian, Bloomberg, Trump, Getty, Deutschland, Kremlin, Parliamentary, United, Brothers Locations: Puglia, Italy, Canada, France, Germany, Japan, Bavarian, AFP, St Petersburg, Russia, Russian, St . Petersburg, Handout, Crimean, Washington, United States, British, Ukraine, Biarritz, Italian, Europe
The digital dermatologist will see you now
  + stars: | 2024-06-13 | by ( Susan Griffin | ) edition.cnn.com   time to read: +8 min
video calls and digital images to discuss skin concerns remotely) compared to 14.1% pre-Covid, said the American Academy of Dermatology. The advent of digital dermatology, pushed forward by increasingly innovative and sophisticated digital tools — not only smartphones and video calling apps but artificial intelligence — is enabling a growing number of global brands to diagnose, prescribe and produce bespoke creams via virtual consultation rooms. I tried Klira, a digital dermatology service co-founded in 2021 by British dermatologist Dr. Emma Craythorne. From Simon Ourian MDWhile digital dermatology makes it possible to access the expertise of people who might otherwise be out of your price bracket or zip code, there are inevitable drawbacks and limitations to using a digital dermatologist exclusively. “Although it was not a total transformation, my skin did get a bit better and I would recommend the digital dermatologist route,” she said.
Persons: tweens, , Shoshana Marmon, Emma Craythorne, Klira’s, dermatologists, Craythorne, Claire Todd, Emily Thompson, Dr Simon Ourian, Kim Kardashian, Megan Fox —, Dr Simon, “ I’d, Simon Ourian, Thompson, ” Dr, Ifeoma Ejikeme, Bryony Firth, , I’d, I’ve, Ejikeme Organizations: CNN, Technology, American Academy of Dermatology, Dermatology, New York Medical College, Klira, Adonia Medical Clinic Locations: Cleethorpes, England, Los Angeles, London, Bernard, Gloucestershire, New York
Read previewIn November, the city of Las Vegas issued a $180,000 fine against a homeowner who officials say ran an unauthorized Airbnb near the Las Vegas strip. The homeowner, however, told Business Insider he believed he was the victim of a scam run by the tenant renting his house at the time. In June 2021, Xin Tao purchased a five-bedroom, two-bathroom property in Las Vegas for $378,000. On two separate occasions in October 2021 and February 2022, Las Vegas city officials knocked on the door, according to government logs. In 2019, Las Vegas instituted sweeping regulations of short-term rentals, including banning out-of-state investors from owning Airbnbs, amid outcry from local residents who complained of an influx of "parties, prostitution, and drugs into residential communities," the Las Vegas Sun reported.
Persons: , Xin Tao, Tao, Airbnb, Brian Knudsen Organizations: Service, Business, Las Vegas City Council, Las Vegas, Vegas Sun, Fox, City Council Locations: Las Vegas, Vegas, Oregon, Airbnb, City
Adobe shares soar 15% on better-than-expected results
  + stars: | 2024-06-13 | by ( Jordan Novet | ) www.cnbc.com   time to read: +2 min
Analysts polled by LSEG were looking for $4.48 in adjusted earnings per share and $5.4 billion in revenue. Adobe bumped up its full-year view, calling for full-year adjusted earnings per share between $18.00 and $18.20 and revenue of $21.40 billion to $21.50 billion. The forecast in March was $17.60 to $18.00 in adjusted earnings per share, with $21.30 billion to $21.50 billion in revenue. In recent weeks software peers SentinelOne, UiPath, Veeva reduced their full-year revenue guidance citing economic weakness and corporate interest in artificial intelligence development. During the quarter, Adobe announced the availability of a service for fine-tuning the company's Firefly generative artificial intelligence models to deliver image content consistent with clients' brand guidelines.
Persons: Shantanu Narayen, Jim Cramer Adobe, LSEG, SentinelOne, Veeva Organizations: Adobe
The Minneapolis Institute of Art announced Thursday that it had decided not to move forward with a planned Kehinde Wiley exhibition, citing recent allegations of sexual misconduct against the artist, which he has denied. The exhibition, called “An Archaeology of Silence,” originated at the Fine Arts Museums of San Francisco and has been traveling around the country. The Minneapolis museum put plans to stage the exhibition on hold after several men made accusations against Mr. Wiley, all of which he has denied. The first was in May, when an artist accused him of sexual assault in a post on Instagram. Mr. Wiley denied the allegations at the time, saying that “these claims are not true and are an affront to all victims of sexual abuse.”The Minneapolis Institute of Art said in an email that it “was considering taking the Kehinde Wiley exhibition, but as a result of these unfortunate allegations we will not be proceeding with this presentation.”
Persons: , Wiley, Organizations: Minneapolis Institute of Art, Wiley, Fine Arts Locations: San Francisco, Minneapolis
Microsoft is likely to be unhappy when it discovers that its arch rival Amazon is leaning hard on GitHub for AI training data. "Our LLMs are trained on data from a variety of sources, including licensed and proprietary data, open-source datasets, and publicly available data where appropriate. It also said Amazon employees should create a "classic personal token," not a "fine-grained personal token," when signing up. Tech companies, hungry for even more training data, are also granting themselves new permissions to use a lot more of consumers' information. Though Amazon's legal team has approved the GitHub data scraping workaround, the move could put Amazon in a tricky position.
Persons: , Rohit Prasad NurPhoto, Rohit Prasad, Amazon, Amazon's, Andy Jassy, Prasad, Matthew Butterick, Joseph Saveri, Joseph Saveri's, Butterick, Copi­lot Organizations: Service, Business, General Intelligence Group, Amazon, Microsoft, Google, Meta, GitHub, News Corp, Tech, Alexa Locations: GitHub
Editor’s Note: Arick Wierson is an Emmy Award-winning television producer and former senior media adviser to former New York Mayor Michael Bloomberg. The Guardian, for example, ran a headline, “Trump is too old and incited a coup. Yet any meaningful conversation about how we, as Americans, need to revisit our prejudices around age have been notably absent in this election. While the benefits are still unevenly distributed, new technologies continue to improve the quality of health care and Americans are once again living longer (after a slight dip during the pandemic.) Americans are not only living longer but better than ever before.
Persons: Michael Bloomberg, Read, ageism, Joe Biden, Donald Trump, “ Trump, Biden, Barack Obama, America’s, Trump Organizations: New York, CNN, Guardian, Los Angeles Times, . North Dakota, American Psychological Association, Fortune, Social Security Administration Locations: United States, America, Africa, . North
Read previewFrom versatile crispy jalapeño pieces to luscious Southern-style peach ice cream, Trader Joe's has plenty of seasonal items for the summer. As part of an ongoing series in which I review Trader Joe's seasonal products, I gave the chain's summer offerings a try. These crispy jalapeño pieces would elevate just about any summer mealI had heard great things about Trader Joe's crispy jalapeño pieces. No frozen treat is complete without one of Trader Joe's organic sugar conesThis sugar cone paired well with Trader Joe's peach-crisp ice cream. As my experience is with most Trader Joe's salad kits, I think it also could've used a lot more dressing.
Persons: , Joe's, Wilson, arugula, I've, graham, shortbread, dill, Wilson I'm, doesn't, garlicky, you'd, hummus, Savanna, I'm salivating, I'm, crisps, they're, ravioli, I'd, morsel, didn't, soggy, It's, jalapeño, jalapeño crisps Organizations: Service, Business, Wilson, nacho, snacking Locations: Savanna, dill, Jolly, radicchio
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