DIRS.INFO The most relevant business & tech news

☆ Two Warner Bros. Discovery directors resign after antitrust probe
▼ + stars: | 2024-04-01 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +1 min

The exterior of the Warner Bros. Two Warner Bros. Discovery directors, Steven Miron and Steven Newhouse, are resigning following a U.S. Department of Justice investigation into a potential antitrust violation, according to a company release Monday. Both of their terms on the Warner Bros. board were set to expire in 2025. Rather than contesting the DOJ matter, the company said both Miron and Newhouse voluntarily elected to resign from their positions, effective immediately.

Persons: Steven Miron, Steven Newhouse, Miron, Newhouse, Rather Organizations: Warner Bros . Discovery, Writers Guild of America, Alliance of Motion Pictures, Television Producers, Warner Bros, Discovery, U.S . Department of Justice, Clayton Antitrust, Advance, Newhouse, DOJ Locations: Warner Bros . Discovery Atlanta, Atlanta , Georgia, Clayton

☆ Truce Talks Expected to Resume in Egypt
▼ + stars: | 2024-03-31 | by ( The New York Times | ) www.nytimes.com time to read: +4 min

Israel has rejected accusations that it is responsible for delays in delivering aid, and it did so again this week. The amount of aid reaching Gaza has fallen sharply since the start of Israel’s war with Hamas. “It’s not just about the number of trucks coming in the border,” Mr. Lockyear said in an interview on Saturday. This week, Mr. Lockyear said, an M.S.F. “These items, which were formerly approved to go in, we have got them into Gaza previously,” Mr. Lockyear said.

Persons: Christopher Lockyear, Israel, It’s, Mr, Lockyear, “, ”, al Balah, Deir al Balah, Tedros Adhanom Organizations: International Court of Justice, Hamas, United Nations ’, Foreign, United Nations, World Health Organization Locations: Gaza, Hague, Israel, Gaza — Israel, Rafah, Al Aqsa, Deir al, “

☆ U.N. Peacekeepers Injured in Lebanon Blast as Tensions Rise
▼ + stars: | 2024-03-30 | by ( Aaron Boxerman | Euan Ward | ) www.nytimes.com time to read: +4 min

The Israeli authorities have denied blocking UNRWA, but Israel and the aid agency have been locked in a dispute over not only responsibility for the crisis, but also the status of UNRWA itself. UNRWA suspended the staff members and opened an investigation, but some of its biggest donors have since suspended funding. U.N. officials and international aid groups have reported severe and deadly malnutrition in Gaza and have blamed Israel, which inspects every truckload aid. In some cases, crowds of people have swarmed the trucks, stripping them of supplies. The World Food Program said that only 11 of its convoys carrying food had reached the north since the start of the year.

Persons: Philippe Lazzarini, Israel, Lazzarini, Benjamin Netanyahu, Mr, Natalia Kanem, “ Organizations: Nations, International Court of Justice, United Nations, UNRWA, “, Food Program Locations: Israel, Gaza, The Hague

☆ Fitness influencers swear by the 'carnivore diet'—it's 'basically a terrible idea,' doctor says
▼ + stars: | 2024-03-30 | by ( Renée Onque | ) www.cnbc.com time to read: +5 min

Here's what experts have to say about the safety and sustainability of the carnivore diet. The diet, similar in style to the Atkins and keto diets, goes by many names: carnivore diet, lion diet, high-fat diet and animal-based diet. Beef, butter, bacon and eggs — that's what some influencers swear by for the " carnivore diet ." Weight loss is one of the huge benefits that people who follow the carnivore diet claim they've experienced since adding more animal-based products to their diet. "You can think [that] if you're eating that kind of meal, you're helping bring down another tree on the other side," he adds.

Persons: TikToker @steakandbuttergal, Atkins, Walter Willett, Harvard T.H, Willett, Georgia Ede, Ede, There's Organizations: Harvard, of Public Health, Internal Medicine, Harvard Health Publishing, CNBC Locations: Chan, Europe, United States

☆ These were our 4 best — and 4 worst — portfolio stocks in the first quarter
▼ + stars: | 2024-03-29 | by ( Morgan Chittum | ) www.cnbc.com time to read: +9 min

The winners NVDA YTD mountain Nvidia (NVDA) year-to-date performance Nvidia came in No. META YTD mountain Meta Platforms (META) year-to-date performance Meta Platforms climbed 37.2% in the first quarter, coming in at second place within the portfolio. The laggards AAPL YTD mountain Apple (AAPL) year-to-date performance Apple suffered the most first-quarter losses in the portfolio, slumping 10.9% during the period. FL YTD mountain Foot Locker (FL) year-to-date performance Shares of Foot Locker declined 8.5% in the first quarter, making the sneaker retailer the second-worst-performing stock in the portfolio. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance Palo Alto Networks stock fell 3.7% during the first quarter, rounding out No.

Persons: Dow, chipmaker, It's, Instagram, Meta's, Jim Cramer, Walt Disney, Nelson Peltz, Jim, Peltz's Trian, Eli Lilly, LLY, Eli Lilly's, Apple, Locker's, Locker, Jim Cramer's, Jensen Huang, Ann Wang Organizations: Dow Jones Industrial, Nasdaq, Nvidia, Facebook, Wall, DIS, Walt Disney, Peltz, Peltz's Trian Partners, Disney, U.S, Department of, Apple, Evercore ISI, Citigroup, Nike, Starbucks, Palo Alto Networks, Palo, Jim Cramer's Charitable, CNBC Locations: China, Seattle, U.S, Palo, Taipei, Taiwan

☆ Sam Bankman-Fried has to repay $11 billion. How can he possibly do that?
▼ + stars: | 2024-03-29 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +5 min

New York CNN —A federal judge on Thursday ordered Sam Bankman-Fried to repay more than $11 billion as part of his sentence for defrauding customers and investors in his failed crypto exchange FTX. In their sentencing memorandum earlier this month, federal prosecutors laid out their reasoning for seeking $11 billion in forfeiture. Unlike restitution, where the money from seized assets goes directly to victims, the money from forfeiture is taken by the government and absorbed into the US Treasury. It is unclear how much Bankman-Fried is currently worth, but it’s likely not anywhere near $11 billion. So far, the Department of Justice has redistributed about $4 billion to Madoff’s victims.

Persons: Sam Bankman, Fried, SBF, ” Mitchell Epner, “, ”, District Judge Lewis Kaplan, Anthony Capozzolo, Elizabeth Holmes, Holmes, Ramesh “ Sunny ” Balwani, Bernard Madoff, Peter Katz, Katz, they’ll, ” Katz Organizations: New, New York CNN, CNN, Treasury, District, “, of, Department of Justice’s, Department of Justice, Department Locations: New York, Eastern, of New York

☆ Reggie Walton: Judge warns of Trump’s attacks in extraordinary rebuke
▼ + stars: | 2024-03-29 | by ( Shania Shelton | ) edition.cnn.com time to read: +4 min

CNN —A sitting federal judge on Thursday harshly criticized Donald Trump’s attacks on the judge overseeing the former president’s criminal case tied to alleged hush money payments, telling CNN that such statements threaten the viability of the American legal system. US District Judge Reggie Walton spoke with CNN’s Kaitlan Collins on “The Source” in the wake of Trump’s attacks on Judge Juan Merchan, which helped prompt the New York judge to issue a gag order on the former president earlier this week. It is unusual for federal judges to speak publicly, especially about specific political or legal situations. Trump criticized Merchan, his daughter and one of Bragg’s prosecutors in the hours before Merchan issued his gag order. Walton, who has been a senior judge of the federal trial level court in Washington, DC, since 2001, told CNN he is speaking out against threats on judges because he is concerned.

Persons: CNN —, Donald Trump’s, Reggie Walton, CNN’s Kaitlan Collins, Juan Merchan, they’re, ”, Walton, “, we’re, ” Walton, Trump, Alvin Bragg’s, Merchan, Bragg, – Merchan, …, Merchan “, reimbursements, Michael Cohen, Stormy Daniels, Tanya Chutkan Organizations: CNN, Trump, DC, Court Locations: York, New York, Washington , DC

☆ Middle East Crisis Top U.N. Court Orders Israel to Allow ‘Unhindered’ Aid Into Gaza
▼ + stars: | 2024-03-29 | by ( Anushka Patil | Marlise Simons | ) www.nytimes.com time to read: +6 min

In an interim ruling on Jan. 26, the court ordered Israel to ensure that more aid would be allowed into Gaza. Since then, the “catastrophic living conditions of the Palestinians in the Gaza Strip have deteriorated further,” necessitating further measures, the court said on Thursday. The ruling touches on some issues that leading aid organizations have called Israeli impediments contributing to the risk of famine in Gaza. Palestinians, U.N. officials and aid workers have voiced concerns about diseases spreading, hospitals collapsing and children beginning to starve to death. But, she wrote, the court “can at least mitigate” the risk to Palestinians by directing the parties before it: South Africa and Israel.

Persons: Israel, “, Aharon Barak, Abdulqawi Yusuf, ”, Nawaf Salam, ” Hilary Charlesworth, Johnatan Reiss, Victoria Kim Organizations: International Court of Justice, United Nations, South, United Nations ’, ” Locations: The Hague, Gaza, Israel, South Africa, Africa, Somalia

☆ Why Ireland is the most pro-Palestinian nation in Europe
▼ + stars: | 2024-03-29 | by ( Eoin Mcsweeney | Niamh Kennedy | ) edition.cnn.com time to read: +15 min

“But like Palestine, (Ireland) had direct and sustained experience of imperialism,” she said. Mousa Salem/Anadolu Agency/Getty Images Palestinians transport bags of flour on the back of trucks as humanitarian aid arrives in Gaza City on March 6. Omar Qattaa/Anadolu Agency/Getty Images Palestinians wait to receive food at a refugee camp in Rafah on January 27. AFP/Getty Images Palestinian boy Ahmed Qannan, suffering from malnutrition, receives treatment at a health-care center in Rafah on March 4. Yasser Qudih/Anadolu Agency/Getty Images People in a crowd struggle to buy bread from a bakery in Rafah on February 18.

Persons: Benjamin Netanyahu’s, Micheál Martin, Israel, “, Zoë Lawlor, ”, Jane Ohlmeyer, Leo Varadkar, ” Varadkar, Abdalmajid, Volker Turk, Ohlmeyer, Clodagh Kilcoyne, Ronald Storrs, Seán Gannon, Simon Harris, ” Israel, Amihai Eliyahu, Netanyahu, Dana Erlich, Emily Hand, Varadkar’s, Eli Cohen, Varadkar, Sinn Féin, Mary Lou McDonald, ” Matt Carthy, Sinn, ” Lawlor, Loay, Fadi, Kamal Adwan, Omar Qattaa, Saher, Ahmed Qannan, Mohammed Salem, Said Khatib, Dawoud Abo, Jehad, crouches, Abed Zagout, Yazan, Rabie Abu Noqaira, Mohammed Abed, Alexi J . Rosenfeld, Yasser Qudih, Fatima Shbair, Lawlor, Carthy Organizations: CNN —, Israel, International Court of Justice, Irish, Irish Palestine Solidarity, Trinity College Dublin, Ireland, “, CNN, Irish Free State, Republic of Ireland, Hamas, United Nations, Jewish, Republican Irish, European Union, West Bank, Newstalk, Irish Palestine Solidarity Campaign, Washington Post, Kamal, Anadolu Agency, Getty, AFP, UN, Reuters, US Air Force, UPI, Dawoud Abo Alkas, Amnesty, Irish Times, State Locations: CNN — Ireland, Ireland, Gaza, Israel, Gaza “, South Africa, Irish Palestine, Palestinian, Irish, Palestine, London, St, dispossession, Ulster, United Kingdom, Northern Ireland, Republic of, Dublin, Jerusalem, Jewish Ulster, Republic of Ireland, Ireland Ireland, Limerick, Rafah, Mousa Salem, Gaza City, AFP, Jordanian, Februrary

☆ Federal regulators are wielding a classic Warren Buffett concept to go after Apple — his biggest stock bet
▼ + stars: | 2024-03-29 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Federal regulators used the word "moat" eight times in their civil antitrust complain to describe the defenses that Apple sets up to keep competitors at bay. AdvertisementCastles and moatsBuffett popularized the concept of a company having a "moat" around it that protects it from rivals. The dynamics of capitalism guarantee that competitors will repeatedly assault any business 'castle' that is earning high returns. AdvertisementThe Department of Justice has added insult to injury by not only targeting Buffett's biggest stock bet, but also wielding the investor's moat metaphor against him, at least indirectly.

Persons: —, cheekily, Warren Buffett, Buffett, Berkshire Hathaway, you've, Elon Musk, he's, Charlie Munger, Apple, He's, Tim Cook, they're Organizations: Service, Justice, Apple, Business, Berkshire, Coke, Gillette, Costco, Cola, American, Regulators, of Justice Locations: Berkshire, Apple, Buffett's, Berkshire's

☆ Dave Calhoun was supposed to turn Boeing around, but after 4 years on the job, he's out. Here's where things went wrong.
▼ + stars: | 2024-03-29 | by ( Pete Syme | ) www.businessinsider.com time to read: +8 min

It makes him the second successive chief to go after a 737 Max crisis. AdvertisementOn Monday morning, Dave Calhoun became the second successive Boeing CEO to lose his job in the wake of a 737 Max crisis. Muilenburg was terminated as the planemaker fought for its reputation after 346 people died in two 737 Max 8 crashes in 2018 and 2019. After the longest-ever grounding for a US airliner, the 737 Max was ungrounded 10 months into Calhoun's reign. Win McNamee/Getty ImagesMost people's concerns about the 737 Max looked to have been assuaged, until the Alaska Airlines blowout on January 5.

Persons: Dave Calhoun, —, Stan Deal, Calhoun, Boeing's, Dennis Muilenburg, Muilenburg, Max, Dennis, Win McNamee, Bob Clifford, Timothy Hubbard, Hubbard, Clifford, DAVID RYDER, Critics, Justin Green, Green Organizations: Boeing, Service, Airbus, Federal Aviation Administration, MCAS, Alaska Airlines, National Transportation Safety, Justice, FBI, Ethiopian, Alaska Air, United Airlines, Boeing's, Street Journal, The, Current, Business, University of Notre Dame, CNBC Locations: MCAS, Southwest , Alaska, Calhoun, Virginia, Seattle, Boeing's, Renton , Washington

☆ How Justice Thomas’s ‘Nearly Adopted Daughter’ Became His Law Clerk
▼ + stars: | 2024-03-28 | by ( Steve Eder | Abbie Vansickle | ) www.nytimes.com time to read: +1 min

The email went out to members of Justice Clarence Thomas’s law clerk network late last month celebrating his newest addition to an exclusive club. “Crystal Clanton’s clerkship for OT ’24 was announced by Scalia Law today!” wrote an assistant to Virginia Thomas, the justice’s wife, who is known as Ginni. The email referred to the 2024 October term of the court, and the tone was jubilant: “Please take a look at these posts of congratulations and support. In 2019, at the Thomases’ urging, Ms. Clanton enrolled at Antonin Scalia Law School at George Mason University in Virginia, where Justice Thomas has taught. She received a full merit scholarship, according to another judge who later hired her.

Persons: Clarence Thomas’s, Scalia, ”, Virginia Thomas, Clanton, ” Ms, Thomas, Antonin Scalia Organizations: Scalia Law, Antonin, George Mason University Locations: New York, Virginia

☆ Apple's bad quarter and what history says will happen next
▼ + stars: | 2024-03-28 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Apple is wrapping up a rough quarter, but history and Wall Street analysis show there is reason to expect a bounce ahead. Apple shares have typically risen following a quarter that ends down at least 10%, according to CNBC Pro data. 'Best bought on weakness' Despite the tough period, Wall Street sees reason for optimism ahead. Apple "is a stock best bought on weakness in general as they probably have the best, or one of the best management teams in the world," Mahoney said. In the median quarter following the losing one, shares jumped more than 14%.

Persons: jitters, Ken Mahoney, Apple, Mahoney, Ben Reitzes, Reitzes, Nicolas Cote, Colisson, Fred Imbert Organizations: Nasdaq, Apple, CNBC Pro, U.S . Department of Justice, Research, Vision, Mahoney Asset, Justice Department, HSBC Locations: China, C1H24

☆ Comer invites Biden to testify before the Oversight Committee
▼ + stars: | 2024-03-28 | by ( Annie Grayer | ) edition.cnn.com time to read: +4 min

“Comer knows 20+ witnesses have testified that POTUS did nothing wrong. Yet, in his letter to Biden, Comer outlined the four phases of his investigation that included obtaining bank records and witness testimony that led him to seeking the president’s testimony. Various Biden family business associates have testified they have had surface level interactions with Biden, but none have said they discussed business with the president, either while he was in office or as a private citizen. “What do you think they would do if we Impeached Biden?” Comer wrote earlier this week. House Speaker Mike Johnson announced Thursday that the House will send over the Mayorkas impeachment articles to the Senate on April 10.

Persons: James Comer, Joe Biden, –, ” Comer, “ Comer, POTUS, he’s, ”, Ian Sams, Biden, Comer, James Biden, Alejandro Mayorkas, Mike Johnson Organizations: Republicans, White, Kentucky Republican, GOP, Department of Justice, Internal Revenue Service, House Republicans, Democratic, CNN, Department of Homeland, Senate

☆ How Sam Bankman-Fried's ex-girlfriend and early recruit helped put the FTX founder behind bars for 25 years
▼ + stars: | 2024-03-28 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +10 min

Yuki Iwamura | Bloomberg | Getty ImagesIn sentencing FTX founder Sam Bankman-Fried to a 25-year prison sentence on Thursday, Judge Lewis Kaplan cited testimony from Caroline Ellison, an ex-girlfriend of the defendant and early recruit into his crypto enterprise. In a Google document from February 2022 shared with the Times, Ellison wrote, "I have been feeling pretty unhappy and overwhelmed with my job. The government presented a series of Signal exchanges involving Bankman-Fried, Ellison, Wang and other top execs. Zoom In Icon Arrows pointing outwards Prosecutors relied heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried. Zoom In Icon Arrows pointing outwards Prosecutors relied heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried.

Persons: Caroline Ellison, Yuki Iwamura, FTX, Sam Bankman, Judge Lewis Kaplan, Kaplan, Ellison, FTX spiraled, Damian Williams, she's, Fried, District Judge Lewis Kaplan, Jane Rosenberg, SBF Ellison, She'd, Michael Lewis, Caroline, Sam, Lewis, Nishad Singh, Gary Wang, Attorney Thane Rehn, Bankman, Binance, Sam Trabucco, Danielle Sassoon, Wang, SDNY Ellison, Um Organizations: Alameda Research, Bloomberg, Getty, Department of Justice, Manhattan U.S, U.S, District, Federal Court, Reuters, Jane, Stanford, Alameda, The New York Times, Times, Attorney, Google, Alameda's Locations: New York, Manhattan, FTX, New York City, Fried, California, Hong Kong, Bahamas, Alameda

☆ Israeli Supreme Court orders government to stop funding religious schools that defy enlistment
▼ + stars: | 2024-03-28 | by ( Mick Krever | Lauren Izso | ) edition.cnn.com time to read: +2 min

CNN —The Israeli Supreme Court on Thursday ordered the government to stop funding religious schools whose students defy the country’s mandatory military service, posing one of the most serious threats to date for Prime Minister Benjamin Netanyahu’s governing coalition. Netanyahu relies on two Ultra-Orthodox parties – Shas and United Torah Judaism – to maintain a governing coalition. But the exemption has never been enshrined in a law that the Supreme Court views as equitable, and for years has been carried out by patch-work government mandates. After decades of rulings on the subject, the Supreme Court told the government that it was illegal for the government to both fund yeshivas and exempt their students from conscription. In a ruling late Thursday, the Supreme Court said that starting on April 1, the government could no longer transfer funds to yeshivas whose students did not receive legitimate deferments.

Persons: Benjamin Netanyahu’s, Netanyahu, Yoav Gallant, Benny Gantz, “, Ariyeh Deri, ” Young, Yitzhak Goldknopf, ”, Gantz Organizations: CNN, Shas, United, –, National Unity Party, Justice, Court Locations: Israel, The State

☆ Sam Bankman-Fried FTX fraud victim tells judge: 'My whole life has been destroyed'
▼ + stars: | 2024-03-28 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +7 min

NEW YORK, US - JANUARY 03: Sam Bankman-Fried leaves the court in New York, on January 03, 2023. The victim, who wrote that 30 years worth of savings had been deposited into FTX three months before the exchange collapsed, is part of a last-minute push by prosecutors to sway Judge Kaplan ahead of the sentencing. For months, Judge Kaplan has been weighing the appropriate punishment for Bankman-Fried's crimes related to the implosion of his $32 billion crypto empire. Damaging testimonyBankman-Fried was convicted of wire fraud and conspiracy to commit wire fraud against FTX customers and against lenders to sister hedge fund Alameda Research, as well as conspiracy to commit securities fraud and conspiracy to commit commodities fraud against FTX investors, and conspiracy to commit money laundering. The defense team has argued that Bankman-Fried's sentence should reflect the potential that FTX customers will be paid back in part or in full.

Persons: Sam Bankman, Fried, Fatih Aktas, District Judge Lewis Kaplan, FTX, Kaplan, Yesha Yadav, Dean, Judge Kaplan, David Weinstein, Jones Walker, Weinstein, Mark Bini, Bini, Reed, Caroline Ellison, Yadav, Neama Rahmani, Tre Lovell, isn't, Lovell, he's, it's Organizations: Anadolu Agency, Getty, Department of Justice, U.S, District, Prosecutors, Vanderbilt University, CNBC, Alameda Research, Bloomberg, Southern, of, Los Locations: New York, Manhattan, of New York, SBF, Los Angeles

Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Amazon's recent AI moves have been impressive, specifically its close relationship with fellow Club holding Nvidia and, most recently, its multibillion-dollar venture investment in startup Anthropic. Best Buy : We added the electronics and appliance retailer to the portfolio shortly after the Monthly Meeting concluded. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, Jim Cramer, Reckitt Benckiser, Abbott, We've, Here's, Salesforce, that's, Walt Disney, Nelson Peltz, Estee Lauder, he'd, Ford, We're, we'll, Vimal Kapur, Kapur, Linde, Eli Lilly, TikTok, Meta's Ray, Morgan Stanley, Reddit, Morgan, Ted Pick, he's, it's, Stanley Black, Decker, TJ Maxx, Wells, Wynn, Spencer Platt Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Department of Justice, Abbott Laboratories, Nvidia, Broadcom, Investors, Bausch Health, Pharmaceuticals, Costco Wholesale, Costco, GTC, Coterra, DuPont De Nemours, DuPont, stoke, Peltz, Disney, Eaton Corporation, Ford, General Motors, Wall, GE Healthcare Technologies, General Electric, Apple, Google, Bloomberg, . Honeywell, Honeywell, UBS, Meta, Microsoft, Palo Alto Networks, Palo Alto, Procter & Gamble, Starbucks, Constellation Brands, Stanley, TJX, Marshalls, Wynn Resorts, Jim Cramer's Charitable, Traders, New York Stock Exchange, Getty Locations: China, Costco, U.S, East, Mexican, Growth, HomeGoods, Wells Fargo, Macao

☆ UnitedHealth Group has paid more than $3 billion to providers following cyberattack
▼ + stars: | 2024-03-27 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +4 min

UnitedHealth Group has paid out an additional $1 billion to providers that have been impacted by the Change Healthcare cyberattack since last week, bringing the total amount of funds advanced to more than $3.3 billion, the company said on Wednesday. UnitedHealth, which owns Change Healthcare, discovered in February that a cyber threat actor had breached part of the unit's information technology network. The interruptions left many health-care providers temporarily unable to fill prescriptions or get reimbursed for their services by insurers. Many health-care providers rely on reimbursement cash flow to operate, so the fallout has been substantial. Federal agencies like the Centers for Medicare & Medicaid Services have introduced additional options to ensure that states and other stakeholders can make interim payments to providers, according to a release.

Persons: UnitedHealth, it's, Mandiant, Jamie Raskin, Andrew, Raskin, Biden Organizations: UnitedHealth, Healthcare, SEC, CNBC, American Hospital Association, Medicare, Medicaid Services, U.S . Department of Justice, of State, Wednesday, United Health, Palo Alto Networks, Change Healthcare Locations: Palo

☆ South Africa crime wave: This cash van guard is just one of the victims
▼ + stars: | 2024-03-27 | by ( David Mckenzie | Sarah Dean | ) edition.cnn.com time to read: +9 min

Johannesburg, South Africa CNN —For South Africans, normality is a sliding scale. In October, a heavily armed gang blocked off one of the busiest highways near Johannesburg as it blew up a cash-in-transit vehicle – a security van carrying cash. Cash-in-transit, or CIT, heists are one of the most dramatic illustrations of a crime wave that has shocked even the most hardened South Africans. His argument is not entirely factual: crime affects South Africans from all walks of life, not just those earning a comfortable living. The South African police minister, Bheki Cele, recently highlighted what he called the successes of the Crime Intelligence division in tackling organized crime and rooting out corruption within the ranks of the force.

Persons: Nelson Mandela, ”, Byron Blunt, Ngwenya, —, “, Petrus Mthembu, SAPS, Athlenda Mathe, Bheki Cele, Joe van der Walt, Esa Alexander, Gareth Newham, What’s Organizations: South Africa CNN, heists, CIT heists, National Congress, ANC, CNN, “, CIT, Motor Transport Workers Union, South African Police Service, Reuters, Hawks, AK, South, Crime Intelligence, Focus Group, ” Police, Town, Private Security Industry Regulatory Authority, Institute for Security Studies Locations: Johannesburg, South Africa, Africa, R350,000, Makhado, Limpopo, Cape Town , South Africa

OAKLAND, Calif. (AP) — A former correctional officer at a federal California women's prison known for numerous misconduct allegations was sentenced to six years in prison for sexually abusing five inmates, federal officials announced Wednesday. Nakie Nunley, who supervised inmates at the Federal Correctional Institution, Dublin, becomes the seventh correctional officer sentenced to prison for sexually abusing inmates, according to the U.S. Department of Justice. A 2022 investigation by The Associated Press revealed a cultural of rampant sexual abuse and cover-up at the prison. U.S. Deputy Attorney General Lisa Monaco said in a statement that Nunley “egregiously exploited” his power to abuse inmates and retaliate against those who spoke up. Nunley pleaded guilty last year to four counts of sexual abuse of a ward and five lesser felonies of abusive sexual contact of five women.

Persons: —, Nakie Nunley, Lisa Monaco, egregiously, ” Monaco, Nunley Organizations: OAKLAND, Federal Correctional Institution, U.S . Department of Justice, Associated Press, Justice Department, Federal Bureau of Prisons Locations: Calif, California, Dublin, U.S, San Francisco

LONDON (AP) — A British financial trader, who has been described as the ringleader in the manipulation of a key interest rate before and after the global financial crisis, lost his appeal Wednesday to have his conviction quashed. At a three-day hearing in London earlier this month, the men’s lawyers argued that their convictions were “unsafe” and should be quashed. An appeal to the Supreme Court has to be made within 14 days. The scandal emerged in 2012 when some banks were accused of submitting fake numbers on purpose to have the LIBOR set at a rate that better suited them. LIBOR has been phased out in recent years, partly because it was seen by many as worsening the 2008 financial crisis.

Persons: —, Tom Hayes, Hayes, Carlo Palombo, Palombo, dishonestly, “, LIBOR Organizations: Citigroup, Switzerland's UBS, London Inter, Barclays, Deutsche Bank, of Justice, Supreme, U.S Locations: British, U.S, London, France, Germany

☆ Opinion: Why I’m resigning from the State Department
▼ + stars: | 2024-03-27 | by ( Opinion Annelle Sheline | ) edition.cnn.com time to read: +7 min

Unable to serve an administration that enables such atrocities, I have decided to resign from my position at the Department of State. Whatever credibility the United States had as an advocate for human rights has almost entirely vanished since the war began. By resigning publicly, I am saddened by the knowledge that I likely foreclose a future at the State Department. Yet just recently, the State Department ascertained that Israel is in compliance with international law in the conduct of the war and in providing humanitarian assistance. After four years of then-President Donald Trump’s efforts to cripple the department, State employees embraced Biden’s pledge to rebuild American diplomacy.

Persons: Sheline, Israel, Annelle, —, Biden, Joe Biden, Yitzhak Brick, ”, Donald Trump’s, Aaron Bushnell, Jim Crow Organizations: Eastern Affairs, Department of State’s Bureau of Democracy, Human Rights, Labor, CNN, Gaza Ministry, Health, UN, West Bank, International Court of Justice, Department of State, United, Protect Journalists, State Department, State, Department, US, Feds United, Peace, Ukraine, Twitter, Facebook, Air Force, Embassy Locations: Israel, Gaza, Rafah, United States, Lebanon, harm’s, Washington

☆ Trump gagged in NY hush money case; judge bans statements about witnesses, court staff, jurors
▼ + stars: | 2024-03-26 | by ( Laura Italiano | ) www.businessinsider.com time to read: +1 min

Trump's hush-money judge, Juan Merchan, on Tuesday issued a strongly-worded gag order. The order bans any statements about witnesses, court staff, or jurors. There is "sufficient risk to the administration of justice" to warrant a gag, Merchan wrote. AdvertisementThe Manhattan judge who will preside over the first criminal trial of Donald Trump issued a strongly-worded gag order on Tuesday barring the GOP frontrunner from making statements about witnesses, court staff, and jurors. Trump brought the gag order on himself, the judge, New York Supreme Court Justice Juan Merchan, wrote.

Persons: Juan Merchan, Merchan, —, Donald Trump, Trump Organizations: Service, New, Business

The Murrieta Police Department has been using Lego heads and emojis to cover people's faces in posts on social sites since at least early 2023. “Why the covered faces?” the department wrote March 18 in an Instagram post that featured five people in a lineup, their faces covered by Lego heads with varying expressions. The post went on to reference a California law that took effect Jan. 1, limiting departments in sharing mugshots on social media. The California law’s primary sponsor, Assemblymember Corey Jackson, said that while the Lego heads protect people's privacy, he wonders how Murrieta residents see it. “Do they want people, who are being paid with their tax dollars, be paid to put Lego faces on people so it can be shown on social media?

Persons: “, Jeremy Durrant, ” Durrant, Assemblymember Corey Jackson, ” Jackson, “ That’s, Jackson, ” Organizations: ANGELES, Murrieta Police Department, Associated Press, Department of Justice Locations: Southern California, California

Search resuls for: "OF JUSTICE"

25 mentions found