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☆ Goldman Sachs just promoted 608 employees to the coveted role of managing directors. See the full list here.
▼ + stars: | 2023-11-02 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +14 min

Goldman Sachs announced its 2023 class of managing directors Thursday afternoon, giving 608 employees the coveted title. It's a smaller cohort than the bank's 2021 MD class, down 5% amid a dealmaking slowdown. Still, Goldman appears to have taken pains to promote employees in revenue-generating divisions like investment banking and trading. Goldman says the percentage of women it promoted as part of the 2023 MD class sets a record, up 1% from 2021. Two years ago, Goldman promoted the largest managing director class in its history, naming 643 employees to the designation in 2021.

Persons: Goldman Sachs, Goldman, David Solomon, John Waldron, we've, Solomon, Waldron, Goldman Sachs Fereshteh Abbasi Thomas Abe Devina Abreo Francesca Adamski Emmanuel Adenitire Gopal Agarwal Prasoon Agarwal Udit Agrawal Khamran Ali Omar Alzaim Dorothee Amar Akbar Amin Joe Amsler Wilfred Amuri Jack Anstey Paul Antonios Hidemi Aoki, Carolina Aragon Gonzalez Nelson Armbrust Georgina Aspden Laurene, Gisha, Sharon Babick Navin Babu Alexey Bachurin Alberto Bacis Patrick Badaro Rahul Bajaj Elise Bal Tanya Ballaram Brian Baltz Guillaume Banderet Nirav Bansal Nitin Bansal Swati, Chalapathi, Andrei Banu Camella Barnes James Barry Elisa Anna Bassu Aman Batra Eleanor Beasley Nicole Beavan Michael Becker Yukiko Beer Omar Benchekroune Richard Bennett Nigel Beslee Ashima Bhalla Nikhil Bhandari Nimita Bhargava Bodha Bhattacharya Rebecca Bibb Roseline, Rahul Bindu Mark Bird Leo Biselman Christian Blanc Patrick Bogues Michael Boratin Katherine Bordlemay Gabriela Borges Kate Boucher Erik Bouland Joanne Braidi Chris Brett Joseph Briggs Charles Brockett Emmeline Brothers Aaron Brown Adrienne Brown Kevin Bryck Archana Budida Oliver Bunn Rebecca Burgoyne Andrew Burpitt Todd Byers Patrick Byrne Michael Cahill Ashley Caldwell Jake Caldwell Serdar Caliskan Jon Calluzzo Stewart Campbell Samantha Cantor Yuri Cantor Dan Carabas Gemma Carlaw Laura Carroll Tim Carson Matt Carter Quentin Cezard Alex Cham Simon Chamama Heidi Chan Patrick Chan Suraj Chandran Kim Cheah Jon Cheh CP Chen Nelly Cheng Sarrah Cherhabil Jackson Cheung Michael Cheung Rama, Stan Chiu Anish, Kunal Choraria Ankit Chowdhari Dario Claus Cosimo Codacci, Michael Coleman David Collerd Shannon Collins Francesca Condini Lee Coppersmith John Couch Tim Creamer Maziar, Satish Damodaran Gareth Davies Serkan, Nick De Kock Ann de la, Nick De Kock Ann de la Montaigne Jan Debeuckelaer Molly Decker Gabrielle Decrion Laurent Dedieu Antoine Demongeot Yannick Derippe Deepalakshmi Desai Tim Desiano Joshua Dezube Randeep Dhillon Javier Diaz, Merry Matheus, Jared Dickow Alex Doell Mao Dong Praneil Doolabh Daniel Dooling Michelle Dorea Szymon Doroz Jacqueline Du Benjamin Duell Kelsey Dumont Julie Duval Todd Ebe Dayo, Jeremy Eisenstein Chris Elmore Ryan Erickson Joaquin Escribano Larry Estrada Pavel Fadeev Will Fairbourn Jeremy Falgiani Fabio Federici Wenlong Fei David Felman Sophia Ferguson Zach Fernandez David Fernandez Miguez Scott, William Fio Rito Duffy Fischer Lisa Florentine Akshay Fomra Janice Foo Nicholas Forbat Elie Franko Georgina Fraser Jason Freeman Nicole Freeman Oliver Friedberg Gavriel Friedland Ross Fuller Angela Fung Greg Furness Nikhil Gadodia Stefano Gamba Amit Singh Gambhir Javier Gandara Giorgio Gandola Amit Gangrade Sudha Garimella Mima Garland Mingmin Ge Graziano Gemma Shefali Gera Constance Germain Brad Gifford Benjamin Giles Abbas Ginwala Marlene Giorgio Thomas Giovachini Zachary Glasser Guillaume Gnech Harley Golding Yuriy Goldman Jesse Goldstein Roy Golender Sharon Gonnella Alejandro Gonzalez Steven Gooden Jessie Gould Varun, George Graf von Waldersee Florian Granier Jamie Greenberg Brian Grzelakowski Alessandro Guicciardi Michael Guiliano Samuel Guinness Bivash Gunpath Deepa Gupta Parikshit Gupta Lauren Gutierrez Johannes Hahn Chris Hallam Alex Halpern Christina Halpin Michael Hamilton Brooke Hammel Saki Hanioka John Hanson Mathew Harris Ally Hart Amy Harwood Tom, Emily Hashimoto Rob Haslam Michael Heino Brandon Herde Sarah Higgins Camilla Hill Spencer Hill Sho, Cecilia Ho Jonathan Ho Bryan Hoffman Kevin Hoffmeyer Eliza Hollyday Simon Holmes Mehdi, Lily, Derek Hu Jennifer Hui Tim Huiszoon Camille Humbert Kurt Humes Kelley Hutchison Masayuki Ichioka Andrew Imber Calvin Isaac Jackson Isaacs Sharif Ismail Yu, Doug Michael Jaffa Nitin Jagga Rahul Jain, Jataprolu Fiona Jervis Yinpeng Jin Sandeep Jindal Jennifer Jochinger Steven Johnson David Johnstone Megan Jordan Nicolas Joseph Bob Kadel Jean Kam Harneet Kaur Vinay Kaura Peter Kelman Stephanie Kenary Maggie Keohan Humayun Khalid Sunil Khandelwal Scott Kilpatrick Jenny Kim Ashley King Joel Klaus Rene Klos Rossitsa, Michael Kondoleon Gregory Kontopoulos Larry Kornreich Shrivathsa Kota Konrad Krallmann Ken Kraska Alexander Kretzberg Bryant Krongard Simon Kubbies Adam Kulik Peter Kulka Ajeya Kumar Aditya Kurella Sara Lachapelle Raagini, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary LeDonne, Allison Lee Michael Lee Soohyun Lee Victoria Lewis Alice Li Qing Li George Lin Ali Lippert David Lipworth Bozhena Lisko, Murphy Mark Littlewood Zhenyi Liu Yelli Lobel Avinash Lobo Burke Loeffler Gabriela Lopez Cristian Lopez, Balboa Carlos Lopez Torrero Stephanie Louie Edward Lowe Reynolds Lowry Fei Luo Ranjan Luthra Sangeetha M Martin Ma Matthew Maciaszek Michael Magee Steffen Mahringer Poonam Majithia Terres Maloney Gopal Manchikanti Jade Mandel, Manfay Varun, Pierre Marboeuf Matt Margolin Thiago Marinheiro Kevin Martens Masato Maruyama Lucinda Mataka Rishi Mathur Pierre Maugest Scott Maxfield Andrei Maxim Michael McClurg Selina McCole Jeff McCown Andrea McGee Sinead McGuigan John McGuinness Benjamin McRoberts Amit Mehrotra Gaurav Mehta Kelly Mellecker Josef Menasche Raf Mercado Alexander Mielke Rachel Miles Christopher Miller Megan Miller Robert Miller Max Minton Edward Mitchell Oliver Money Tyler Moni Anna Montvai Taylor Moore Anthony Moschella Brandon Moy Faraz Munaim Sasha Munn Ashok Musuvathy Negar, Julian Naden Robinson Hiroki Nagamine Srijith Nair Cornelius Namiluko Sanjiv Nanwani Jay Narain Robert Andranik Nazarian Jovan Negovan Ryan Newman Michael Ng, Tasuku Nishihara John Nixon Kristy Nomi Alexandre Nunes Patrick O'Callaghan Yusuke Ochi KC O'Connor David Olivares Erica Olsen Victoria Ortengren Anas, Peter Pace Robert Packwood Nitin, Ellen Pak Ruth Pan Pedro Panizo Jayshri, Rahul Parikh Dan Parisi Freddie Parker Phil Parsons Peter Paruch Paul Pate Bella Patel Preya Patel Rakesh Patel Amit Patni Ed Paulinski Adam Pennacchio Kyle Penton Abhishek Periwal Michael Perrier Yoric Perrin Rasmus Persson Tommy Pinhas, Marco Poletti Megan Prasad Avijit Praveer James Puccinelli Sameer Punde Rob Pyne Na Qiao Valentina Quadri Marco Quirico Anya Radford Abhishek Rai Rahul Raj Ram Rajamony Ryan Ramsay Rami Rankoussi Nach Rao Pawan Rao Anurag Rathi Philip Renton Noel Reyes Ruth Reynolds Timothy Richards Peter Richter Brigid Riley Hutchinson Nick Rill Kristina Ristagno Vicky Ritter Martin Roberson James Roberts James Robinson Giorgio, Erin Roos Erin Ross Sumit Roy Conrad Ryan Soo, Ryu David Sage Jai Sahani Namita, Sarah Sakkej Karim Saleh Ayesha Salman Divya Samani Henrik Samuelsson Ryan Sansalone Vikram Sarker Shalini Satish Babu Charlotte Saury, Hania Schmidt Helene Schmitt Emily Schorr Wendy Schrunk Thomas Schwegler Michael Sciancalepore Brandon Seaman Benjamin Seigel Gamal Selvarajah Nicholas Semeniuk Devjoy Sengupta Michael Shafik Arpan Shah Shashwat Shah Shahnawaz Shahbaz Manoj Sharma Sachin Sharma Wazila, Gunduz Shirin Alex Silver Asmita Singh Kamalpreet Singh Andrew Sinnott Sapna, Dan Skinner Andrew Snow Stephanie Snyder Farouk Soussa Christopher Spahr Erik Sparks Matt Speltz Naveen Srinivasan Bhargav, Warren, Damian Steele Tobias Stein Catherine Stemp Dave Stringer Shekar Subramanian Jordan Sudy Philipp Suess Fatima Sultana Lu Sun Kumar Sundaram Fiona Syer Matthew Sykes Tofi, Filippo Taddei Sandhya Tadishetty Omer Tanvir Rita Taylor Zachary Tcheyan Brian Teague Wesley, Caitlin Terry Thomas Tesauro Hemal, Justin Therry Christine Thornburg Gregory Thysheril Angelo Tierno Alexander Tingle Ryan Townsend Cynthia Trillo Dimitris, Jessica Tung Jonathan Tung Ezgi, Zachary Upcheshaw Kiyomi, Nadine Urseanu Jim Vais Pim Valantagul Perrin Van Allen Annerieke van Dijk Jeroen van Dorp Dennis van Laer Todd van Stolk, Riley Jacqueline Vargas Alexander Vavalidis Edwin Velez Prasanna Venugopal Tim Verheyden Amanda Verstegen Ankit Vijay Vargiya Salvador Villanueva Arthur Villard Sichel Denzel Voesenek Bradley Wainwright Adam Walker Barbara Walters Omar Waly Daniel Wang Kenneth Wang Kristen Ward Gavin Warren Michael Washington Harry Webster Fredrik Weege Brian Weiss Thomas Weitz Nat Wells Joe Wenzel Tim Whitehead Henry Willans Matthew Williams Taylor Williams Katie Wilson Richard Wilson Stephanie Wisner Ilana Wolfe Jake Woodson Jeff Wu Qi Wu Jackson Yang Esma, Yoon Harm, John Zhai Jenny Zhang Lynn Zhang Raye Zhu Jane Zhuang Hans Zijlmans Carolyn Zimmer Samia Zitouni Mira Zorkot Organizations: Goldman, Wall, Carolina, Nick De Kock Ann de la Montaigne, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary Locations: Europe, Asia, India

Last year was 1.26 degrees Celsius (2.27 degrees Fahrenheit) warmer and this year is likely to blow past that, according to scientists. Even though the carbon budget looks to run out early in the year 2029, that doesn’t mean the world will instantly hit 1.5 degrees warmer than pre-industrial times. People should not misinterpret running out of the budget for 1.5 degrees as the only time left to stop global warming, the authors said. “If we are able to limit warming to 1.6 degrees or 1.65 degrees or 1.7 degrees, that’s a lot better than 2 degrees. Lamboll said limiting warming to 1.5 degrees is technically possible, but politically is challenging and unlikely.

Persons: that’s, “ It’s, we’re, ”, Robin Lamboll, Lamboll, Valerie Masson, Christopher Smith, Bill Hare, Glen Peters, Norwegian CICERO, Piers Forster, ” ___ Read, Seth Borenstein Organizations: United Nations, Imperial College of London, University, Leeds, University of Leeds, Twitter, AP Locations: Paris, Delmotte, Dubai, Norwegian

“I have been consistently surprised at the resilience of consumer spending,” Christopher Waller, an influential member of the Fed’s board, said in a speech this month. “The acceleration of consumer spending on experiences (has) propelled us towards another outstanding quarter,” said CEO Jason Liberty. Wealthier households, in particular, have enjoyed substantial growth in home values and stock portfolios, which are likely juicing their spending. Spending on the bank's credit and debit cards by households with incomes below $50,000 has risen faster than spending by higher-earning clients. “Consumer spending across all segments from high to low has remained stable since March."

Persons: —, they've, ” Christopher Waller, ”, Jason Liberty, “, Tim Duy, they're, Julia Pollak, Sarah Wolfe, Morgan Stanley, Small, Bret Csencsitz, Aditya Bhave, Valerie Zaffina, Zaffina, Bhave, Biden, Christopher Suh, ___ Organizations: WASHINGTON, U.S, Federal Reserve, Royal Caribbean Group, Travelers, ZipRecruiter, Fed, Gotham, Bank of America, Visa Locations: U.S, New York City, COVID, Ramsey , New Jersey, I’m, Washington, New York

☆ Ukraine holds peace formula talks in Malta, Russia absent
▼ + stars: | 2023-10-28 | by ( Christopher Scicluna | ) www.reuters.com time to read: +4 min

Without Russia, which criticized Malta for hosting the talks after smaller ones this year in Jeddah and in Copenhagen, Zelenskiy said he longed for a day when human history "is the history of peace only." Officials said they hoped for the outcome of the weekend's gathering, partly in person, partly virtual, to be agreement to hold a global peace summit later this year. No official list of delegates to the talks was issued, but officials said they included representatives of European, South American, Arab, African and Asian countries. Simon Mordue of the European Council and Bjorn Seibert of the European Commission represented the EU, the official said. The parties would take necessary preparatory steps for a possible peace summit in future with no exact date yet fixed, the official said.

Persons: Alexander Ermochenko, Volodymyr Zelenskiy, Zelenskiy, Ian Borg, Borg, Simon Mordue, Bjorn Seibert, Christopher Scicluna, Elaine Monaghan, Andrew Gray, Olena, David Evans, Mike Harrison Organizations: REUTERS, Rights, United Nations, YouTube, Malta's, European Union, United, United Arab Emirates, European, European Commission, EU, Thomson Locations: Russia, Ukraine, Donetsk, Russian, Rights VALLETTA, Malta, Israel, Kyiv, Jeddah, Copenhagen, China, Egypt, United Arab, Armenia, Mexico, Washington, Brussels

☆ US attorney who initially vetted Biden bribery tip explains why it deserved further scrutiny
▼ + stars: | 2023-10-27 | by ( Marshall Cohen | Annie Grayer | ) edition.cnn.com time to read: +8 min

His testimony sheds new light on how his office vetted the tip, and he disputed past Democratic claims that he “closed” the matter without recommending any further scrutiny. However, it doesn’t bolster the GOP narrative that Joe Biden or his son Hunter Biden were offered or accepted a bribe. The informant described his interactions with Mykola Zlochevsky, a Ukrainian oligarch and owner of the energy company Burisma, where Hunter Biden had served on the board. The saga of a once-trusted FBI informant bringing explosive but unverified claims about a presidential candidate is reminiscent of the Christopher Steele debacle in 2016. This time, the political roles are reversed: Republicans are championing the unproven bribery claims, as Democrats try to discredit the material.

Persons: Hunter, Scott Brady, Brady, Donald Trump, Joe Biden, Hunter Biden, Rudy Giuliani, The uncorroborated Biden, ”, Mykola Zlochevsky, Zlochevsky, “, ” Brady, Biden, David Weiss, Weiss ’, Lev Parnas, Petro Poroshenko, Hunter Biden’s, Jamie Raskin, Brady “, ” Raskin, “ Raskin, “ That’s, Weiss, Raskin, “ Mr, Brady’s, James Comer, Comer, Christopher Steele, Steele’s, Trump, he’s Organizations: CNN, Hunter Biden, House Republicans, Biden, Justice Department, Democratic, Trump, FBI, CHS, Giuliani, Ukrainian, White, Democrats, Maryland, Western, Western District of Pennsylvania, Kremlin Locations: Ukraine, Ukrainian, Delaware, Pittsburgh, Western District, America, Russia

For a Biden administration committed to stopping the Israel-Hamas war from widening, the conflict could amplify the economic strains and possibly cause governments to collapse. “Let’s support Egypt," Michel told reporters afterward. One major potential setback for Egypt stemming from the latest Israel-Hamas War would be the loss of tourists seeking to explore the country's ancient pyramids and history. Tourism is one of Egypt's leading economic sectors, and along with foreign investment provides needed access to the rest of the global economy. Before the latest Israel-Hamas war, some officials had pointed to Lebanon’s rebounding tourism industry as an economic lifeline.

Persons: Joe Biden, Christopher Swift, Ajay Banga, Charles Michel, Michel, Abdel Fattah el, Sissi, Israel, ”, Swift, ” Swift, it's, Mubarak, Moody’s, Mirette, Mabrouk, ” Mabrouk, Paul Salem, Abby Sewell Organizations: WASHINGTON, Hamas, International Monetary Fund, European Union, reverberations, Treasury Department, European Council, el, IMF, Tourism, Associated, World Bank, U.S, Middle East Institute Locations: Israel, Egypt, Jordan, Lebanon, Saudi Arabia, Gaza, Sudan, East, Hamas, United States, Qatar, Washington, Beirut

☆ Javier Milei wants Argentina to swap the peso for the US dollar. Here's what that would mean
▼ + stars: | 2023-10-23 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

For years, Argentinians have preferred to pay for many goods and services in greenbacks, rather than with their own collapsing currency, as part of an informal “blue dollar” currency market. To dollarize its economy, Argentina would need to exchange all pesos held by its people and businesses for US dollars, and assign a dollar value to all of its assets and contracts. The Fed would continue to set the cost of borrowing based on the needs of the US economy, not Argentina’s. Practical headacheThere’s another significant snag in Milei’s plan: Argentina doesn’t have enough dollars to ditch the peso. “People would need to take wheelbarrows of cash to convert to dollars,” Sabatini said.

Persons: Javier Milei, Sergio Massa, Argentina’s, JP Morgan, Argentinians, Milei, Natacha, Matias Baglietto, Reuters “ That’s, ” Christopher Sabatini, Kimberley Sperrfechter, ” Sperrfechter, It’s, ” Sabatini, Luis Robayo, Sabatini, ” Organizations: London CNN, National Institute of Statistics, Argentina’s, US Federal Reserve, Economic, Reuters, America, Chatham House, CNN, Capital Economics, International Monetary Fund, Getty, IMF Locations: Argentina, greenbacks, Washington, El Salvador, Panama, Ecuador, United States, Buenos Aires, AFP

☆ Should you lock in those high yields right now? Here's what Wall Street is saying, and how to invest
▼ + stars: | 2023-10-20 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

But with 10-year Treasury yields surging to 5% - a 16-year high , many investors might now be tempted to lock in those high yields and buy into bonds. "You may not see such high yields as these in the next year or two," he told CNBC's " Squawk Box Asia " on Thursday. Bond prices and bond yields move in opposite directions. It's unfavorable on U.S. intermediate-term fixed income, as well as high yield taxable fixed income. Types of fixed income that it's overweight on include short-term U.S. Treasurys, U.S. inflation-linked bonds, U.K. gilts and emerging market bonds.

Persons: Wells, Paul Christopher, CNBC's, Christopher, Wells Fargo, Thomas Poullaouec, Rowe Price, Wells Fargo's Scott Wren, Bryn Jones, Rathbones, there's, Jones, He's, BlackRock Organizations: Investment, U.S, gilts, BlackRock Investment, U.S . Federal Reserve, Treasurys Locations: Asia, Pacific

☆ Trump and Ivanka's relationship was 'severely damaged' after he found out she was friends with Christopher Steele, the former MI6 agent says
▼ + stars: | 2023-10-18 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Former MI6 agent Christopher Steele said that his friendship with Ivanka Trump hurt her relationship with her dad. AdvertisementAdvertisementFormer President Donald Trump's relationship with his daughter Ivanka broke down "severely" when the somewhat awkward news emerged that she had an undisclosed friendship with Christopher Steele, the former MI6 agent said on Tuesday. AdvertisementAdvertisement"I informed them that I had in fact had a friendship and professional relationship with Ivanka Trump . AdvertisementAdvertisementBut in his witness statement on Tuesday, Steele said that revealing this had led to trouble with the then-president. Ivanka Trump served as a presidential advisor during the Trump administration and took to the stage in 2020 to introduce him at the RNC.

Persons: Christopher Steele, Ivanka Trump, Steele, —, Donald Trump's, Ivanka, Trump, Sonam Sheth, General Michael Horowitz, Steele's, Ms Trump, Trump's, Mr Steele, Jared Kushner — Organizations: Service, Trump, Associated Press, Business Intelligence, FBI, DOJ, The Times, Guardian, Trump Tower, Times, RNC, DC Locations: London, Trump, Russia, Scotland

☆ Trump committed egregious intelligence breach, ex-UK spy tells court
▼ + stars: | 2023-10-17 | by ( Sam Tobin | ) www.reuters.com time to read: +3 min

The former intelligence officer also said: "Two of the named Russian sources have not been seen or heard of since." On the last day of his presidency, Trump declassified Steele's evidence and provided a copy of his testimony to a journalist, Steele said in his statement. "The publication of this document did serious damage to the U.S. government's Russian operations and their ability to recruit new Russian sources," Steele said. Steele also said in his witness statement that he believed Trump was "motivated by a personal vendetta against me and Orbis and a desire for revenge". In his witness statement, Trump said Ivanka was "completely irrelevant to this claim and any mention of her only serves to distract this court from (Orbis') and Mr Steele's reckless behavior".

Persons: Donald Trump, Shannon Stapleton, Steele, Trump, declassification, Donald Trump's, Christopher Steele, president's, Robert Mueller's, Mueller, Ivanka, Mr Steele, Sam Tobin, Emelia Sithole Organizations: U.S, Republican, REUTERS, London's, Trump, Orbis Business Intelligence, FBI, Thomson Locations: West Palm Beach , Florida, U.S, Russia, British

Retail sales rose 0.7% in September, more than twice what economists had expected, and close to a revised 0.8% bump in August, the Commerce Department reported Tuesday. The government’s monthly retail sales report offers only a partial look at consumer spending; it doesn’t include many services, including health care, travel and hotel lodging. But the robust sales report also means that the Fed officials could leave the door open for additional rate hikes. The retail sales report came as businesses across the U.S. economy ramped up hiring in September, defying surging interest rates, and the ongoing threat of a government shutdown. Consumer prices rose 0.4% from August to September, below the previous month’s 0.6% pace.

Persons: wasn’t, ”, Christopher S, Rupkey, “, Tim Quinlan, Christopher Rugaber, —, Anne Organizations: Commerce Department, Federal Reserve, Fed, FWDBONDS, “ Fed, Analysts, Wells, Wells Fargo Economics, ”, Labor Department Locations: Israel, Wells Fargo, U.S, Washington

☆ Donald Trump wants London court to rule 'Steele dossier' sex claims are false
▼ + stars: | 2023-10-16 | by ( Sam Tobin | ) www.reuters.com time to read: +4 min

Trump, the frontrunner for the 2024 Republican presidential nomination, is suing Orbis Business Intelligence for alleged data protection breaches over a dossier written by former British intelligence officer Christopher Steele, who co-founded Orbis. The Steele dossier, published by the BuzzFeed website in 2017, alleged ties between Trump's campaign and Russia and said Trump engaged in sexual behaviour that gave Russian authorities material with which to blackmail him. Orbis, however, argues that Trump is bringing the claim simply to address his "longstanding grievances" against the company and Steele. 'SHOCKING AND SCANDALOUS'Trump's lawyer Hugh Tomlinson told the court the former president wanted to prove that the "shocking and scandalous claims" in the Steele dossier were false. White said Trump only sued Orbis in London after a similar case brought in Florida against Orbis, Steele and others – including his Democratic opponent in the 2016 election, Hillary Clinton – was dismissed.

Persons: Donald Trump, Marco Bello, Christopher Steele, Trump, Steele, Hugh Tomlinson, Tomlinson, Antony White, White, Orbis, Hillary Clinton –, Jean Carroll, Letitia James, Trump's, Mikhail Fridman, Petr Aven, Karen Steyn, Sam Tobin, Ed Osmond, Christina Fincher, Rod Nickel Organizations: REUTERS, Trump, Orbis Business Intelligence, Orbis, Republican, Mr, Democratic, New, Thomson Locations: West Palm Beach , Florida, U.S, London, Russia, British, Moscow, St . Petersburg, Florida, New York

☆ Donald Trump wants to give evidence in London court over 'Steele dossier'
▼ + stars: | 2023-10-16 | by ( Sam Tobin | ) www.reuters.com time to read: +4 min

Trump has previously criticised what he described as Steele's "fake dossier" and his lawyers said in court filings made public on Monday that the report is "egregiously inaccurate". Trump's lawyer Hugh Tomlinson told London's High Court: "President Trump brings this case because he seeks vindication of his legal rights." 'SHOCKING AND SCANDALOUS'Trump wants to prove that the "shocking and scandalous claims" in the Steele dossier are false and "intends to discharge that burden by giving evidence in this court", Tomlinson said. But Orbis' lawyers argue that Trump's lawsuit should be thrown out of court. Steele did attend and sat alongside Orbis' lawyers during the hearing.

Persons: Donald Trump, Marco Bello, Trump, Christopher Steele, Steele, Hugh Tomlinson, London's, Tomlinson, Antony White, Joe Biden's, Sam Tobin, Ed Osmond, Christina Fincher Organizations: REUTERS, Orbis Business Intelligence, Orbis, New, Republican, Democrat, Thomson Locations: West Palm Beach , Florida, U.S, London, Russia, British, New York, Washington, United States

☆ Donald Trump's Lawsuit Over 'Steele Dossier' in London Court
▼ + stars: | 2023-10-16 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +2 min

By Sam TobinLONDON (Reuters) - Donald Trump's lawyers will argue at London's High Court on Monday that the former U.S. president can pursue his lawsuit against a British private investigations firm over a dossier which alleged that Russia supported his 2016 election campaign. The "Steele dossier" made allegations about ties between Trump's 2016 election campaign and Russia, and said Trump engaged in "perverted sexual acts" which were monitored by Russia's Federal Security Service (FSB). Trump has previously criticised what he described as Steele's "fake dossier", and his lawyers say the report is inaccurate. He is seeking compensation for "personal and reputational damage and distress", which Trump's lawyers say were caused by the "false, intrusive and damaging allegations about (his) personal life". Trump's lawsuit against Orbis is one of many legal cases the former president is involved in.

Persons: Sam Tobin LONDON, Donald Trump's, Trump, Christopher Steele, Steele, Joe Biden's, Sam Tobin, Ed Osmond Organizations: Orbis Business Intelligence, Russia's Federal Security Service, Orbis, New, Republican, Democrat Locations: Russia, British, New York, Washington, United States

Trump has sued the company founded by Christopher Steele, who created a dossier in 2016 that contained rumors and uncorroborated allegations about Trump that erupted in a political storm just before he was inaugurated. Trump is claiming he “suffered personal and reputational damage and distress" because his data protection rights were violated. Tomlinson said it "contained shocking and scandalous claims about the personal conduct of President Trump” and included allegations he paid bribes to Russian officials to further his business interests. Trump's case “is that this personal data is egregiously inaccurate,” he said. Tomlinson said Trump plans to vindicate himself in court by providing evidence that the report's claims were false.

Persons: —, Donald Trump, ”, Trump, Christopher Steele, “, Steele, Tomlinson, Trump ”, Orbis Organizations: Orbis Business Intelligence, London's, Secret Intelligence Service, BuzzFeed Locations: London, British, New York, U.S, Russia, Moscow

☆ Donald Trump's lawsuit over 'Steele dossier' in London court
▼ + stars: | 2023-10-16 | by ( Sam Tobin | ) www.reuters.com time to read: +3 min

The "Steele dossier" made allegations about ties between Trump's 2016 election campaign and Russia, and said Trump engaged in "perverted sexual acts" which were monitored by Russia's Federal Security Service (FSB). Trump has previously criticised what he described as Steele's "fake dossier", and his lawyers say the report is inaccurate. In court filings, Trump denies the allegations made in the Steele dossier, including that he engaged in perverted sexual behaviour in Russia and that he paid bribes to Russian officials to further his business interests. Orbis, however, is applying to have the lawsuit thrown out of court on the grounds it has no real prospect of success, according to a High Court order dated June 9. Trump's lawsuit against Orbis is one of many legal cases the former president is involved in.

Persons: Donald Trump, Letitia James, Caitlin Ochs, Donald Trump's, Trump, Christopher Steele, Steele, Joe Biden's, Sam Tobin, Ed Osmond Organizations: U.S, Trump Organization, REUTERS, Orbis Business Intelligence, Russia's Federal Security Service, Orbis, New, Republican, Democrat, Thomson Locations: New York City, U.S, Russia, British, New York, Washington, United States

☆ Fact Check: Fact Check: FDA is not replacing salt with 'mRNA’ salt substitutes
▼ + stars: | 2023-10-10 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

Now he is trying to replace organic salt with a mRNA chemical laced inorganic synthetic salt substitute actually produced by the man himself Bill gates. Other ingredients in Morton salt substitute include fumaric acid, monocalcium phosphate and silicon dioxide. MRNA NOT AN INGREDIENTThe claim that common salt is being replaced with a “mRNA chemical laced inorganic synthetic salt substitute” is misleading. “In terms of how chemists use the words ‘organic’ and ‘inorganic’, both table salt (sodium chloride) and potassium chloride would be inorganic compounds as they lack carbon atoms." The FDA is not replacing salt with “mRNA fake salt.”This article was produced by the Reuters Fact Check team.

Persons: Bill Gates, Bill, ”, Morton, Christopher Simmons, Davis, ” Simmons, Melinda Gates, Gates, Vinod Khosla’s, Morton Salt, Read Organizations: U.S, Food, Drug Administration, Microsoft, Twitter, People’s, FDA, Gates, Reuters, Food Science, Technology, University of California, Melinda Gates Foundation, Khosla Ventures, Thomson

☆ Scientists discover ‘best problem’ as they open up asteroid sample
▼ + stars: | 2023-10-04 | by ( Ashley Strickland | ) edition.cnn.com time to read: +4 min

CNN —Scientists have taken their first glimpse of a sample collected from the near-Earth asteroid Bennu — and stumbled upon a good bit more than they expected. “There’s a lot of abundant material outside the TAGSAM head that’s interesting in its own right. It’s really spectacular to have all that material there.”The actual asteroid sample won’t be revealed until October 11 in a live NASA broadcast. The TAGSAM head will be moved to a new specialized glovebox for careful disassembly, unveiling the sample inside. “We have all the microanalytical techniques that we can throw at this to really, really tear it apart, almost down to the atomic scale,” said Lindsay Keller, OSIRIS-REx sample analysis team member, in a statement.

Persons: Rex, NASA’s, OSIRIS, REx, ”, Christopher Snead, REx curation, “, Lindsay Keller, “ You’ve, ” Keller Organizations: CNN —, NASA’s Johnson Space Center, NASA, Bennu Locations: Utah, Houston, Bennu

Mining operations account for some 4%-7% of global greenhouse gas emissions, according to global consulting firm McKinsey & Company. But some miners are moving to reduce use of fossil fuels in extracting and refining, partly due to pressure from downstream customers that want more sustainable supply chains. Located beside a crystal-blue lake in the lush jungle of Sorowako, South Sulawesi, Vale Indonesia — a subsidiary of Vale international — runs its smelters entirely from hydroelectricity. Other companies and countries around the world also are reducing use of fossil fuels in their mining operations. But now, having that infrastructure means big savings at a time when global energy prices are high.

Persons: Michael Goodsite, “, Joko Widodo, Widodo, “ Ford, ” Christopher Smith, Febriany Eddy, Eddy, it’s, ” Eddy, Aimee Boulanger, there’s, they’ve, ” Goodsite Organizations: McKinsey & Company, Vale, Companies, University of Adelaide, Volvo, Mercedes, Hyundai, Apple, Ford Motor Co, Vale Indonesia, Associated Press, Initiative for, Mining Assurance, —, AP Locations: SOROWAKO, Indonesia, Indonesian, Sulawesi, Sorowako, South Sulawesi, Indonesia —, Chile, Raglan, Canada, Australia, ” Indonesia, Vale Indonesia, China, United States

CNN —Former President Donald Trump is suing retired British intelligence officer Christopher Steele over the controversial dossier he compiled which shook Washington with its unverified and salacious allegations about Trump. Multiple US government inquiries uncovered dozens of contacts between Trump campaign associates and Russians, which have since been acknowledged. The money trail behind the Steele dossier has also been a subject of intense political scrutiny for years. About one year after the 2016 election, it became public that Steele was indirectly paid by Democrats to research Trump. Steele has faced a series of civil lawsuits in the US and UK stemming from the dossier.

Persons: Donald Trump, Christopher Steele, Steele, Orbis Business Intelligence –, Trump, Tim Lowles, John Durham, Steele’s handiwork, Igor Danchenko, ” “, Danchenko, ” Steele, Hillary Clinton’s, Perkins Coie, Clinton’s Organizations: CNN, Trump, Orbis Business Intelligence, Kremlin, London’s, Department, Democratic National Committee, Fusion, DNC, FBI Locations: Washington, Russia, Durham, Trump

☆ ‘Dark’ ships are faking their locations to move oil around the world — and it's likely worth billions of dollars
▼ + stars: | 2023-09-26 | by ( Lucy Handley | ) www.cnbc.com time to read: +8 min

Maritime technology company Windward identified the area as a hub for smuggling oil. Cargo ships and car ferries cross the Kerch Strait, an area of "dark activity," according to marine technology company Windward. So that's definitely moved that focus into, okay, I'm now going to manipulate that signal," he told CNBC by video call. This can be done in a number of ways, a Spire spokesperson told CNBC by email. "If you're in the insurance industry, and you're not paying attention to this, you really need to start paying attention," Swift told CNBC by video call.

Persons: John Lusk, Christopher Swift, Foley, Lardner, We're, Lusk, Ami Daniel, Daniel, Good Hope, Iain Goodridge, Spire's, that's, I'm, " Goodridge, OFAC, Swift Organizations: Windward, Europa Press, Getty, Maritime Organization, AIS, Spire Maritime, Government, CNBC, Russia, Anadolu Agency, Venezuela, Spire, U.S . Treasury Department Locations: Morocco, Maritime, Ukraine, U.S, Russia, Kerch, Windward, Arabian, Venezuela, The U.S, East Asia, Angola, Venezuela's, South Africa's, Good, China, Malaysia

There's nowhere completely safe from the climate crisis, and for many, it's raising housing costs. You can save money and combat the climate crisis with tax credits for clean-energy solutions. This article is part of "Your Wallet on the Climate Crisis," a series exploring the crisis' financial impact and how people can plan. You can save money by switching to a more energy-efficient lifestyle, and there's a good chance you'll also be financially rewarded for it. We're all under the threat of climate change now, and sleeping on it won't solve anything.

Persons: —, LaJan Collins, Fred, LaJan, Christopher Stroup, Stroup, you've Organizations: Service, San, Energy Credit, Financial Locations: Bell Canyon , California, Los Angeles, Santa Monica , California, California

☆ Maltese rescue team finds 'hundreds' of dead on Libyan beach
▼ + stars: | 2023-09-16 | by ( Christopher Scicluna | ) www.reuters.com time to read: +1 min

[1/2] Rescuers search for dead bodies at a beach, in the aftermath of the floods in Derna, Libya September 16, 2023. REUTERS/Ayman Al-Sahili/File Photo Acquire Licensing RightsVALLETTA, Sept 16 (Reuters) - A Maltese rescue team found hundreds of dead bodies on a beach in the flood-stricken Libyan city of Derna on Friday, the Malta Civil Protection Department said on Saturday. "There were probably about 400, but it is difficult to say," Natalino Bezzina, who is leading the Maltese team, told the Times of Malta newspaper. Bezzina told Maltese media that a small CPD team came across the cave that was half submerged and found bodies inside. Then they came across a small bay filled with debris and several hundred dead bodies.

Persons: Ayman Al, Bezzina, Storm Daniel, Ros Russell Organizations: REUTERS, Rights, Malta Civil Protection Department, Maltese, Times, CPD, Libyan, Thomson Locations: Derna, Libya, Rights VALLETTA, Maltese, Libyan, Malta, Storm

☆ Six Mobility Exercises That Powered the Chiefs to the Super Bowl
▼ + stars: | 2023-09-09 | by ( Jen Murphy | Photographs Christopher Smith For The Wall Street Journal | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/fitness/kansas-city-chiefs-nfl-mobility-workout-a7f37399

Persons: Dow Jones Locations: kansas

☆ How NASA has prepared to scoop up an asteroid sample landing in the desert
▼ + stars: | 2023-09-09 | by ( Ashley Strickland | ) edition.cnn.com time to read: +10 min

CNN —An asteroid sample stowed inside a NASA spacecraft is about to reach Earth after traveling for nearly 2½ years across space. It’s NASA’s first time collecting and returning an asteroid sample from space. Teams have been rehearsing how to retrieve the sample, originally collected from the near-Earth asteroid Bennu, when it drops down into the Utah desert on September 24. Keegan Barber/NASAThe mission’s original goal was to retrieve a pristine asteroid sample. The team has also prepared for different landing scenarios, such as a hard landing where the capsule containing the sample opens unexpectedly.

Persons: NASA’s, REx, ”, Nicola Fox, ” It’s, Keegan Barber, Dante Lauretta, OSIRIS, “, Rich Burns, ” Burns, Burns, Sandra Freund, Johnson, Lockheed Martin, Freund, Molly Wasser, Kevin Righter, curation, Christopher Snead, ” Snead, ” Lauretta Organizations: CNN, NASA, Goddard, University of Arizona, Department of Defense's Utah, Department of Defense’s Utah, Goddard Space Flight, Lockheed, NASA’s Johnson Space Center, Space, Apollo, Space Center, Canadian Space Agency, Japanese Aerospace Exploration Agency Locations: Utah, Bennu, Tucson, Salt Lake City, Greenbelt , Maryland, Houston, Johnson

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