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Former FTX executive Nishad Singh was sentenced to time served and three years of supervised release on Wednesday, becoming the fourth ex-employee of the collapsed crypto exchange to be punished. He asked Judge Kaplan to show Singh "the same compassion he has shown others his entire life." Ray said Singh made substantial productions of documents, and he voluntarily returned Bahamian real estate purchased with FTX funds. Ryan Salame, another former top lieutenant of Bankman-Fried, was sentenced to seven and a half years in prison in May. WATCH: Caroline Ellison sentenced to two years in prison for role in FTX collapse

Persons: Nishad Singh, Claire Watanabe, Singh, Judge Lewis Kaplan, Sam Bankman, Caroline Ellison, Ellison, spiraled, Fried, Andrew Goldstein, Nicolas Roos, Roos, Judge Kaplan, Gabe, John Ray, Ray, Ryan Salame, Gary Wang, FTX, — CNBC's Dan Mangan Organizations: Engineering, Exchange, New, Alameda Research, Southern, of, Prosecutors Locations: New York, Alameda, Bankman, of New York, Manhattan, Bahamian

Define your real estate goalsWhat are you looking to gain from real estate investing, and what risks are you willing to take? REITs (real estate investment trusts)One of the best ways to start investing in real estate as a beginner is with a real estate investment trust (REIT). Real estate limited partnershipsA real estate limited partnership (RELP) provides investors with a diversified portfolio of real estate investment opportunities. Other notable real estate books worth checking out include:"The Warren Buffet Way" By Robert G. Hagstrom"The Real Estate Investor's Guide to Flipping Houses" By J. Scott"The Intelligent Investor" By Benjamin GrahamLocal real estate investment clubsConnecting with local real estate investment enthusiasts can be a great way to engage with the real estate community and expand your knowledge. FAQs about real estate investing for beginnersHow much money do I need to start investing in real estate?

Persons: Dana Bull, Chad Carson, CoachCarson.com, Equity REITs, Richard Ratner, Ratner, Bull, —, Brandon Turner, Insider's, Robert G, Scott, Benjamin Graham Organizations: Dana Bull Real Estate Consulting, Equity, Publicly, Bel Air Investment Advisors, Property, Resources, Beginners, Benjamin Graham Local Locations: Chevron, REITs

☆ Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit
▼ + stars: | 2024-10-30 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse. Net profit attributable to shareholders came in at $1.43 billion, compared with a mean forecast of $667.5 million in a LSEG poll of analysts. UBS defends it is not "too big to fail." UBS still faces the lofty tasks of integrating its IT system with that of Credit Suisse, along with migrating clients — with the latter transition set to take around 18 months, Reuters reported earlier this month. The UBS results come after the profit beat of Germany's largest lender Deutsche Bank last Wednesday and join this week's spate of third-quarter reports from European lenders, including from BNP Paribas and Santander.

Persons: Sergio Ermotti, Goldman Sachs, Morgan Stanley Organizations: UBS, Wednesday, Credit Suisse, Credit Suisse —, Reuters, Swiss National Bank —, Deutsche Bank, BNP Paribas, Santander

☆ Cash is no longer king. Here are 3 alternatives investors are trading it for, according to chief money managers.
▼ + stars: | 2024-10-29 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Investors face diminishing returns from cash alternatives as interest rates decline. Today, cash alternatives are yielding slightly less. Specifically, those who didn't have liquidity needs but chose to sit in cash anyway missed out on a strong year for the S&P 500. If liquidity needs arise, investors may be able to sell for a profit if the Fed's cutting cycle is steeper than expected, he added. Simply put, the M2 money supply, which includes cash and cash alternatives, has skyrocketed since 2020 by over 36%, debasing the dollar.

Persons: —, Mark Malek, Siebert, Malek, David Miller, Miller, Millers Organizations: Service, Treasury, AAA, Catalyst Funds, Federal, World Gold Council, Investors Locations: Treasuries, Russia, Central

☆ AMD's post-earnings slide is a buying opportunity. Here's why
▼ + stars: | 2024-10-29 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

Bottom line The main part of our AMD thesis — fast-growing sales of its MI300 AI chips — is still on track, so we view the post-earnings pullback as a buying opportunity. Given how integral these AI chips are to AMD's growth, we were pleased management on Tuesday night raised its full-year sales projections to exceeding $5 billion. Another factor: AMD's chips passed some performance milestones with customers, Su said. We believe Su's AI roadmap — outlined at its AI event earlier this month — will lead to significant sales growth in 2025 and thereafter. Quarterly commentary Sales in AMD's all-important data-center segment came in $3.55 billion, exceeding estimates and more than doubling year over year.

Persons: We're, Lisa Su, Su, couldn't pare, Jim Cramer, —, Jim Cramer's, Jim Organizations: AMD, Nvidia, Intel, Club, Broadcom, ZT Systems, CNBC, Dell Technologies, Microsoft, Meta, Revenue, Visitors, Congress, Nurphoto, Getty Locations: AMD's, —, Shanghai, China

☆ AMD shares fall as forecast fails to impress despite strong AI growth
▼ + stars: | 2024-10-29 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by the increasing demand for AI chips. AMD is the second-largest vendor of data center graphics processing units, or GPUs, which are used to train and deploy large generative AI models. AMD's AI chips are reported in its data center segment, which more than doubled on an annual basis to $3.5 billion in total sales. Overall data center revenue was up 122% year over year. AMD's gross margin expanded to 54%, which the company said was because of higher data center revenue.

Persons: Lisa Su, Su Organizations: Devices, AMD, Nvidia, Broadcom, Microsoft, Windows, Sony PlayStation

☆ Judge Aileen Cannon defends her judicial independence and says she’s never met Trump
▼ + stars: | 2024-10-29 | by ( Holmes Lybrand | ) edition.cnn.com time to read: +3 min

Routh’s attorneys noted the many instances when Trump has praised Cannon by name for her decision to toss the documents case, including during his acceptance speech at the Republican National Convention this summer. “I have no control over what private citizens, members of the media, or public officials or candidates elect to say about me or my judicial rulings,” Cannon wrote Tuesday. “This case, like the prior cited cases involving former President Trump, were randomly assigned to me through the Clerk’s random case assignment system. Special counsel Jack Smith is currently appealing Cannon’s dismissal of the documents case. I maintain no ongoing personal relationship with the prosecutor, nor have I communicated with him in years,” she said.

Persons: Aileen Cannon, Donald Trump, Cannon, Ryan Routh, Trump, ” Cannon, ”, “, ’, Jack Smith Organizations: CNN, Trump, Republican National Convention, United States, ’ Locations: Trump’s, West Palm Beach , Florida

Donald Trump has more than just the presidency on the line Nov. 5 — the outcome of his various legal troubles hinges on the election, as well. The “witch hunts against President Trump have imploded” and “should all be dismissed in light of the Supreme Court’s historic decision on immunity and other vital jurisprudence,” Cheung said in a statement. Hush money caseWin or lose, Trump’s biggest immediate challenge after the election is his potential sentencing on 34 felony counts of falsifying business records in New York. Federal election interference caseIf Trump loses, special counsel Jack Smith’s election interference case is also on the horizon. Similar to the criminal cases, Trump has argued that his actions were protected by presidential immunity.

Persons: Donald Trump, Kamala Harris, he’s, ”, Chuck Rosenberg, Trump, Steven Cheung, ” Cheung, Juan Merchan, Merchan, Rosenberg, Jack Smith’s, Smith, Hugh Hewitt, “, ” Trump, don’t, Fani Willis, Scott McAfee, Willis, McAfee, Steve Sadow, ” Sadow, Barbara McQuade, Aileen Cannon, Jean Carroll, general’s, Carroll, ” McQuade, ‘, they’d, Clinton, McQuade, Paula Jones, Bill Clinton Organizations: Trump, NBC, Republican, New, NBC News, Department, Justice Department, Fulton, Fulton County, White, Division, U.S . Capitol Locations: New York, United States, Georgia, Fulton County, Fulton, U.S, New

☆ This in-demand skill is a lucrative side hustle or full-time job—it can pay 6 figures a year, doesn't require a degree
▼ + stars: | 2024-10-28 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

If you want to earn six figures while working from home, consider a career in social media marketing. Job boards FlexJobs and Freelancer.com are seeing a boom in the number of remote, hybrid and freelance social media marketing roles. An in-demand job that doesn't require a degreeWhile some marketing jobs prefer candidates to have a bachelor's degree, it's not a prerequisite for a successful career in social media marketing. Some of the most in-demand roles in this field include influencer marketing managers, social media marketing specialists and content strategists, per FlexJobs and LinkedIn. Turning a social media marketing side hustle into a six-figure career

Persons: it's, Toni Frana, FlexJobs, Sebastián Siseles, Frana Organizations: Social, LinkedIn, Labor Statistics, Freelancer.com, Google Locations: U.S

☆ Some wealthy travelers are replacing their hot summer trips with 'coolcations'
▼ + stars: | 2024-10-28 | by ( Brittany Chang | ) www.businessinsider.com time to read: +7 min

Some luxury travel agents say more vacationers are seeking summer trips to cooler climates. In the summer of 2024, a growing number of travelers flocked to Greece as the country was experiencing deadly heatwaves and fires. Wealthy travelers are seeking out chill summersSome western European destinations like Iceland experienced a cooler-than-average summer. Roth has planned summer trips to the latter. AdvertisementA growing number of travelers are pushing their "Euro summer" trips to the fall to beat peak summer crowds and temperatures.

Persons: —, Spain —, Angelos Tzortzinis, Jackie Roth, Scott Dunn, Roth, Noppasin, Julie Durso, Melissa Biggs Bradley, Alexander Spatari, Sergio Pitamitz, Belles, Kent, Stefano Zaccaria, Patrick Quayle Organizations: Service, Eiffel, Getty, Scott Dunn Private, Airlines, New Jersey's Newark Liberty International, United Airlines Locations: Iceland, Norway, Finland, Europe, Italy, Greece, Portugal, Spain, Canada, Rome, Paris, Scandinavia, Maui, Hawaii, Ireland, France, Oslo, Copenhagen, Stockholm, Faroe Islands, Faroe, Sweden, Denmark, New, Nuuk, Greenland's, Madrid, Greenland

☆ TSMC suspended shipments to China firm after chip found on Huawei processor, Reuters reports
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: +1 min

The Taiwan Semiconductor Manufacturing Co. (TSMC) building at the Central Taiwan Science Park in Taichung, Taiwan, on Friday, April 8, 2022. Taiwan Semiconductor Manufacturing Company suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor, according to two people familiar with the matter. Sophgo had ordered chips from TSMC that matched the one found on Huawei's Ascend 910B, the people said. Reuters could not determine how the chip ended up on the Huawei product. Tech research firm TechInsights discovered the TSMC chip on Huawei's Ascend 910B when it took apart the multi-chip processor, a different source told Reuters on Tuesday.

Persons: Sophgo, TechInsights, TSMC Organizations: Taiwan Semiconductor Manufacturing Co, Central Taiwan Science, Taiwan Semiconductor Manufacturing Company, Huawei, Reuters, TSMC, U.S . Department of Commerce, Taiwan Locations: Taichung, Taiwan, China, Tech

☆ Gérard Depardieu won’t appear in a French court for his trial on sexual assault charges
▼ + stars: | 2024-10-28 | by ( Story Associated Press | ) edition.cnn.com time to read: +6 min

Paris AP —French actor Gérard Depardieu, who is facing trial for alleged sexual assaults on two women on a film set in 2021, won’t appear before a criminal court in Paris on Monday due to health reasons, his lawyer said. The trial was scheduled as France continues to reckon with sexual violence in the wake of the #MeToo movement that initially struggled to find traction, especially in the cinema industry. About 100 people gathered outside the court on Monday, some holding signs, responding to a call from several feminist groups to show support for victims of sexual violence. The month before the incident, another woman working on the film set had complained about Depardieu, prosecutors said. He has been a global ambassador for French film and enjoyed international fame with several roles in Hollywood.

Persons: Gérard Depardieu, won’t, Depardieu, Jérémie Assous, Depardieu “, ” Assous, Sarah Meyssonnier, Reuters Assous, “, ”, Prosecutors, —, Assous, Emmanuel Macron ., “ Gérard Depardieu, Charlotte Arnould, Figaro, Judith Godrèche, Godrèche Organizations: Paris AP, France, Reuters, ” Prosecutors, Associated Press, AP Locations: Paris, France, North Korea, Korean, French, Hollywood

☆ Though still grieving, Matthew Perry’s loved ones are turning his death into a legacy of helping others
▼ + stars: | 2024-10-28 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +12 min

NBC/Getty Images Perry, pictured circa 1985, developed an interest in acting after moving to Los Angeles when he was a teen. Michael Ochs Archives/Moviepix/Getty Images Perry and Christina Applegate were cast in the 1988 made for TV teen movie "Dance 'til Dawn." NBC/Getty Images Perry and Cox appear on "The Tonight Show with Jay Leno" in 1996. NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." So it’s a thing that helps on these tough days.”‘Cherish every moment’(From left) Matthew Perry and Yvette Nicole Brown on 'The Odd Couple.'

Persons: Matthew Perry, “ It’s, ” Perry’s, Caitlin Morrison, Morrison, Suzanne Morrison, Perry’s, Keith Morrison, ”, Perry, “, ’ ”, Brian Murray, Cara Vaccarino, ‘ He’s, Chandler Bing, Michael Ochs, Christina Applegate, Martha Plimpton, Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox, Jennifer Aniston, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, Matthew, Oscar Madison, Lisa Kasteler, Doug Chapin –, –, Chapin, Kasteler, Matthew hadn’t, he’d, ” Kasteler, I’ll, Kasteler –, Wolf Kasteler, we’re, Yvette Nicole Brown, Monty Brinton, ” castmates, Aniston, castmates, Thomas Lennon, Brown, ‘ Yvette, ” Perry Organizations: CNN, Dateline, Matthew, Matthew Perry Foundation of Canada, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, CBS, Los Angeles Times Festival of, Los Angeles Times, Palisades, Los Angeles Medical, Matthew Perry Foundation, National Philanthropic Trust Locations: Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada, California

☆ Sorry Mom and Dad, Gen Z is calling the shots on the family vacation now
▼ + stars: | 2024-10-27 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

Gen Z is taking the reins on family trips, taking charge of destinations and what hotels to book. But this is increasingly changing, and Gen Zers and adult kids aren't just tagging along on these trips; they're calling the shots and organizing the family vacations themselves. AdvertisementLuxury travel agents say Gen Z isn't holding back with their family vacation requests. Many Gen Z travelers are molding their family vacations off what they see on social media and by what they want to post. AdvertisementWhen the client's kid becomes the clientAs a self-proclaimed "geriatric millennial," Carter has mixed feelings toward the growing influence of Gen Z on luxury family travel.

Persons: Z, —, Gen Zers aren't, Julia Carter, Gen Zers, Gen, Carter, IPGGutenbergUKLtd, Diana Hechler, Coppola, Hechler, Kardashian, I've Organizations: Service, Craft Travel, Travel Locations: South Africa, COVID, Belize, Republic of Congo, London, Paris

☆ 33-year-old voiceover artist bringing in over $200,000 a year: I started with ‘really low prices and really long hours’
▼ + stars: | 2024-10-27 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

Start with 'really low prices and really long hours'Carroll recommends putting in long hours and keeping prices minimal at first. She also kept her prices low to attract customers — sometimes she even did work for free to build up her portfolio. She's in touch with other successful Fiverr freelancers "and we all started the same way," she says, "really low prices and really long hours." 'Deliver really good work'Carroll also advises making sure your customer service is top notch. "You want to deliver really good work."

Persons: Victoria Carroll, Carroll, here's Organizations: Google, Apple, Nike, National Geographic, Adidas, Pepsi, Coke, CNBC Locations: Czech Republic, Fiverr

Federal authorities, meanwhile, say their security procedures are sound heading into Election Day, Nov. 5. Its domestic flight bookings are down 19% for the week of the election compared with the same week last year. That has left more room for political jitters to creep into consumers’ travel considerations, travel agents say. That’s partly why Olivia MacLeod Dwinell, 64, and her husband Ross Dwinell, 74, were in Europe this month. Olivia MacLeod Dwinell and her husband, Ross Dwinnell.

Persons: Emily Reeve, “, ”, Reeve, Ed Bastian Delta, Ed Bastian, Delta, they’d, Kamala Harris, Donald Trump, they’re, Kelly Soderlund, Thibaud Moritz, ” Soderlund, Transportation Security Administration “, Jeffrey Price, Olivia MacLeod Dwinell, Sonia Bhagwan, Ross Dwinell, Dwinell, Ross’s, “ We’re, ” Kimberly Kracun, Kimberly, Ross Dwinnell, Olivia MacLeod Dwinell “, ” Kracun, Chirag, Panchal Organizations: Federal, Delta Air, Ed Bastian Delta Air, CNBC, United Airlines, AFP, Getty, Republican, Trump, Transportation Security Administration, ” Flyers, MMGY Travel Intelligence, Future Partners, Baby Boomers, Chirag Panchal, Dallas Locations: Hawaii , Florida, Portland , Oregon, U.S, Navan, Portland, Europe, London, France, Harpers Ferry, West Virginia, Dallas

☆ Delphi murders: What happened this week in Richard Allen's trial?
▼ + stars: | 2024-10-26 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

At trial Thursday, defense lawyer Andrew Baldwin asked the clerk, Kathy Shank, if his client was trying to "assist" the investigation. And he said the information Allen provided to authorities days later was marked as cleared when it shouldn’t have been. Allen provided a similar account, according to former Delphi Police Chief Steve Mullin, who conducted the interview, though Allen said he’d arrived at the trail at noon and left at 1:30 p.m. When Mullin showed Allen a photo of the “bridge guy,” the former chief testified, Allen responded: “If the picture was taken with the girl’s camera, there was no way it could be him,” Mullin testified. In his testimony, Liggett said it was the discovery of that bullet along with witness accounts that prompted Allen’s arrest.

Persons: Richard Allen, He’d, Abigail Williams, Allen, ”, they’ve, Andrew Baldwin, Kathy Shank, Dan Dulin, Dulin, Shank, Richard Allen Whiteman, Tony Liggett, who’d, Railly Voorhies, Voorhes, “, Voorhies, she’d, Jennifer Auger, ” Liggett, Allen “, Shanks, Steve Mullin, he’d, Mullin, ” Mullin, Sig Sauer, Liggett Organizations: Liberty, NBC Chicago Lawyers, CVS, NBC, Indiana Department of Natural Resources, Department of Children’s Services, Carroll County Sheriff, Liggett, Delphi Police, Authorities Locations: Indiana, Carroll, Indianapolis, Carroll County

☆ I'm an entrepreneur and father who brings my son to work events. Blending family and work is how I find balance.
▼ + stars: | 2024-10-26 | by ( Robin Madell | ) www.businessinsider.com time to read: +6 min

Peter Lewis, a tech and finance executive, travels yearly between two countries with his family. Lewis involves his son in work events, turning challenges into entrepreneurship lessons. "We're a traveling family," Lewis told Business Insider. "I've learned to find meaning in how our work and family lives intersect," Lewis said. If you work in Big Tech or finance and would like to share your work-life balance story, email Tess Martinelli at tmartinelli@businessinsider.com.

Persons: Peter Lewis, Lewis, —, he's, Lewis —, it's, Tacoma , Washington —, I've, Tess Martinelli Organizations: Service, Business, He's, Big Tech Locations: Wichita , Kansas, Santiago , Chile, South America, Tacoma , Washington, Oregon, Big, tmartinelli

She had gone to lunch five days earlier with her fiancé at their local McDonald’s in North Platte, Nebraska. A McDonald’s spokesperson said Wednesday that slivered onions served on the Quarter Pounders were likely to have been responsible for the outbreak. On Thursday, the company said one of its suppliers, Taylor Farms, had provided slivered onions to locations associated with the outbreak. “When you go to a restaurant, you are trusting that the restaurant did everything they could do to make you safe, but in this case, McDonald’s breached that trust,” Simon said. McDonald’s has paused the distribution of slivered onions in the affected areas and temporarily removed the Quarter Pounder from affected restaurants.

Persons: Clarissa DeBock, “, ”, DeBock, ” DeBock, McDonald’s, Taylor, Ron Simon, Simon, he’s, ” Simon, Joe Erlinger, NBC’s, ” Darin Detwiler, ” Detwiler, Kai, didn’t Organizations: for Disease Control, Prevention, NBC, Associates, McDonald’s, Northeastern University Locations: North Platte , Nebraska, Colorado, McDonald’s USA

A 15-year-old was charged Thursday with the murders of his parents and three siblings and in the attempted murder of another sibling who survived Monday’s attack at the family’s Washington state home. The 15-year-old was taken into custody on the day of the shooting and was being held in a detention facility for juveniles Thursday. One child in the home survived the attack and was hospitalized, the King County Sheriff’s Office said earlier this week. The 11-year-old told investigators the teen shot her and then left the room, and that she heard someone shouting, "stop" and "help," before she escaped, the detective wrote. Our thoughts are with his surviving family, friends, and colleagues during this difficult time.”

Persons: Amy Parker, Molly Campera, ”, ” “, Sarah Perry, “ Organizations: Attorney's, NBC, King County Sheriff’s, Harborview Medical, King County Sheriff's, Glock, KING, Facebook, Hargis Engineers Locations: Washington, King County, Lake Alice, Fall City, Seattle, King

When authorities questioned the chief about the call, he “would only say that he told Defendant McKinney to call 911,” the filing says. McKinney II, 56, and a third defendant, Josh Mullins, 24, were indicted on tampering charges and have pleaded not guilty. A lawyer for McKinney II did not immediately respond to a request for comment. Michael McKinney II, 56, is escorted by a police officer. According to the family’s lawsuit, McKinney II then got on the phone and said no emergency response was necessary.

Persons: Michael McKinney III, —, Michael McKinney II, Amber Spradlin, “, Defendant McKinney, Spradlin, McKinney III, McKinney, Josh Mullins, Randy Woods, Steve Romines, — McKinney, Debbie Hall, Roy Kidd, Kidd, ” Kidd, Spradlin’s, Kidd —, I’m, ” McKinney, Ross Shurtleff, Tim Stelloh, Rachel White Organizations: — Prosecutors, ”, Floyd Circuit, Prestonsburg Police Department, Prestonsburg Police Locations: Ky, Kentucky, Prestonsburg, Floyd County, Alameda , California, Prestonburg

☆ Fall City, Washington shooting: 15-year-old suspect faces five counts of first-degree murder
▼ + stars: | 2024-10-25 | by ( Alisha Ebrahimji | ) edition.cnn.com time to read: +6 min

Now, the girl’s account, detailed in court documents, is giving a first glimpse into what unfolded. Despite the pain she felt from the bullet’s impact, the 11-year-old told authorities she recognized the weapon. It was her father’s silver Glock handgun, court documents say. It was her 15-year-old brother, she said. On Thursday, he was charged in juvenile court with five counts of aggravated murder and one count of attempted murder with a firearm enhancement, according to court documents.

Persons: Mark Humiston, Sarah Huminston, “, ” Amy Parker, ”, Sarah Perry, Lake, ” Perry, Casey McNerthney, Sarah Humiston, Mark Organizations: CNN, King, Attorney’s Office, ” Investigators, Harborview Medical, “, US Centers for Disease Control, Attorney’s, KING, Hargis Engineers Locations: Washington, Fall City , Washington, King County, Seattle, King, Fall, United States

☆ Inside Wall Street's efforts to value OpenAI: Who's involved, how it could work, and what's at stake for the banks
▼ + stars: | 2024-10-25 | by ( Reed Alexander | ) www.businessinsider.com time to read: +9 min

Here's how the process could work and what Wall Street bankers stand to gain. AdvertisementAs third-quarter earnings demonstrated, Wall Street dealmaking appears to be bouncing back after three years of lackluster activity. Spokespersons for both Goldman Sachs and Morgan Stanley declined to comment or confirm their reported participation in the project. The two investment bankers – neither of whom are affiliated with Goldman, Morgan Stanley, OpenAI, or Microsoft — requested anonymity to preserve industry relationships. Largely speaking, however, Wall Street is poised to win, Roberts said.

Persons: Goldman Sachs, Morgan Stanley, —, OpenAI, –, Morgan Stanley's, PwC, Michael Roberts, Morgan, Roberts, Wharton, dealmaker, Sam Altman, Altman, Elon Musk, Reed Alexander Organizations: Service, Wall Street Journal, Microsoft, The, BI, Wharton School, University of Pennsylvania, Goldman, Wall Street, Wharton, dealmakers, Apple, Tesla Locations: San Francisco, Silicon Valley

☆ Plaintiffs in 14 lawsuits call Diddy a rapist. These accusers can clinch or crash his criminal case.
▼ + stars: | 2024-10-25 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

Plaintiffs in 14 lawsuits call Sean Combs a rapist, including eight who sued in the past two weeks. Defense lawyers have already signaled that this will be a line of attack against "Victim-1." Related stories"There's 30 million reasons" to doubt her credibility, Combs attorney Marc Agnifilo told a judge during bail arguments last month. In court papers relating to the criminal case, defense attorneys have used the words "false" and "outright absurd" in referring to the lawsuits' allegations. Experts said Combs' defense lawyers will try to impugn the financial motives of not only any plaintiffs who take the stand in May but also their lawyers.

Persons: Sean Combs, Combs, —, Sean, Diddy, Michael Farkas, Farkas, Cassandra, Cassie, Ventura, Douglas Wigdor, Marc Agnifilo, Stacey Richman, Jay, Lil Wayne, Richman, Jane Doe, Tony Buzbee, Michael Bachner, Bachner, Rodney, Rod, Jones, Tyrone Blackburn, Blackburn, Liza Gardner, Adria, Buzbee Organizations: Service, New, Defense, Buzbee, US, VMA, UMG, Motown Records, Universal Music Group, New York Locations: New York, Bronx, Manhattan, Los Angeles, Las Vegas, Alabama, Houston, Brooklyn

☆ The art market is in a correction as big spenders fade
▼ + stars: | 2024-10-24 | by ( Robert Frank | ) www.cnbc.com time to read: +5 min

The number of wealthy collectors surveyed who plan to purchase art in the next year fell to 43% from over half in 2023. The median spending on art by wealthy collectors remains stable at around $50,000 a year, according to the survey. Higher interest rates also raised the opportunity cost of buying art, since wealthy collectors could earn an easy 5% or more from cash and Treasuries. Just as in the classic-car market, the art market is going through a generational shift that's created a mismatch between supply and demand. According to the survey, the high end of the art market, or works priced at $10 million or more, was the strongest before 2022.

Persons: Andy Warhol, Jean, Michel Basquiat, Wiktor, Robert Frank, Phillips, Bonhams, Paul Donovan, Xers, they're, Donovan, Gen Xers, Gen Organizations: Art Basel, UBS Survey, UBS Global Wealth Management, Art Basel Miami Beach, Dealers, UBS Locations: London, United Kingdom, Christie's, Sotheby's, New York, East, Ukraine, Europe, China

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