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☆ George Santos Charged in Justice Department Probe
▼ + stars: | 2023-05-09 | by ( Jimmy Vielkind | Sadie Gurman | ) www.wsj.com time to read: 1 min

Rep. George Santos (R., N.Y.) also faces scrutiny from prosecutors in New York and the House Ethics Committee. Photo: Alex Wong/Getty ImagesFederal prosecutors have filed criminal charges against George Santos, the embattled New York congressman who assumed office this year after lying about his biography during his campaign, according to people familiar with the matter. Details of the criminal charges, which have been filed under seal, couldn’t immediately be determined, but Mr. Santos has been under federal investigation since at least December. He also faces scrutiny from a number of other entities, including local prosecutors in New York and the House Ethics Committee. Mr. Santos has faced accusations he engaged in unlawful activity during his 2022 campaign and failed to disclose required information.

☆ Embattled Republican Rep. George Santos to face federal charges -CNN
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +3 min

Santos is expected to appear as soon as Wednesday in federal court in New York's Eastern District, where charges have been filed under seal, CNN reported. The Associated Press reported that in a brief phone interview Santos said he was unaware of the charges. Santos' office did not immediately respond to a request for comment, and his lawyer could not immediately be reached. CNN reported that the exact nature of the charges against Santos were not immediately clear. Santos' office, through his congressional Twitter account, has previously said he is cooperating with the House Ethics Committee's investigation.

☆ Photos show what King Charles' reign has been like so far, from ascending the throne to a cancer diagnosis
▼ + stars: | 2023-05-08 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +1 min

Charles also greeted well-wishers on Easter 2024 after a tumultuous March for the royals. King Charles and Queen Camilla shake hands with people at Windsor Castle on Easter 2024. Hollie Adams - WPA Pool/Getty ImagesThe king and Camilla attended an Easter service at Windsor Castle on March 31, speaking to members of the public outside of St George's Chapel. Charles and Camilla were joined by his siblings and their spouses, as well as Sarah Ferguson and Charles' nephew, James, Earl of Wessex. According to royal reporter Rebecca English, the king said he was "so proud of Catherine for her courage in speaking as she did'.

Persons: Charles, King Charles, Queen Camilla, Hollie Adams, Camilla, Sarah Ferguson, James, Earl of Wessex, Prince, Princess, Kate, Wales, Buckingham, Rebecca English, Catherine Organizations: Windsor Castle Locations: Windsor, St George's, Wales, Kensington

☆ Don Sebesky, Arranger Who Helped Broaden Jazz’s Audience, Dies at 85
▼ + stars: | 2023-05-06 | by ( Neil Genzlinger | ) www.nytimes.com time to read: +1 min

Mr. Sebesky’s musical interests ranged far and wide. From the beginning, Mr. Taylor and CTI were on a mission to broaden the audience for jazz by exploring intersections with pop, rock and R&B, and by making music that was more accessible to mainstream audiences than some of jazz’s more esoteric strains. It was an approach that displeased some purists, but it sold records, and Mr. Sebesky’s arranging skills were pivotal to that success. Mr. Sebesky arranged the saxophonist Paul Desmond’s “Bridge Over Troubled Water” (1970), an album of interpretations of Simon & Garfunkel songs. Pairing Mr. Benson with that song was an idea Mr. Sebesky had proposed to Mr. Taylor, but with a twist.

New York CNN —Facebook’s parent company Meta announced Wednesday that it has taken down a network of more than 100 China-based accounts that posed as organizations in the US and Europe and pushed pro-Beijing talking points. The network, which had more than 15,000 followers on Meta’s platforms, appears to have had some financial resources behind it. The fake accounts also posted “negative commentary about Uyghur activists and critics of the Chinese state,” it said. “We’re keeping a close eye” on the Chinese influence operations heading into the 2024 election, the official said. Ahead of the 2022 US midterm election, FBI officials expressed concern that Chinese operatives appeared to be engaging in “Russian-style influence activities” that stoke American divisions.

☆ Opinion | Will the Economy Make or Break Biden in 2024?
▼ + stars: | 2023-04-28 | by ( Peter Coy | ) www.nytimes.com time to read: +3 min

I asked Fair if it was fair to say that polarization of voters has weakened the predictive value of economic indicators. He acknowledged that Trump, an especially polarizing figure, had underperformed in both 2016 and 2020 given economic conditions that the Fair model considered favorable to him. But he said he’s not convinced that his economic model has lost its predictive power. A good example of why it’s dangerous to over-rely on economic models is what happened in the spring of 2020, when Covid hit. Fair is sticking to forecasting the popular vote because he thinks it’s of academic interest.

☆ 'The Queen of New York:' George Santos basks in rare praise as DC Young Republicans give him a hero's welcome
▼ + stars: | 2023-04-27 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +9 min

But on Wednesday, Santos received a warm reception at a DC happy hour for young conservatives. But he was still a star for the Washington, DC Young Republicans, a group that was taken over just a month ago by a cadre of self-described "ultra MAGA" young conservatives who emphatically align themselves with former President Donald Trump. —Washington, D.C. Young Republicans (@WashingtonDCYRs) April 27, 2023"Keep fighting for what you think is best, and for what you believe in," said Santos after speaking for less than 10 minutes. Perhaps owing to his precarious political standing, Santos has yet to break from party leadership on any major votes, contrasting with other New York Republicans who won Democratic-leaning districts last year. Attendees mill around before Rep. Santos' arrival.

"The Tesla bull case has centered around the company's growth goals, which it is failing to meet." Tesla's stock is trading at about 43 times expected earnings, down from astronomical levels above 200 times in 2021, according to Refinitiv data. Tesla on Wednesday doubled down on the price war it started at the end of last year, as Musk said the company would prioritize sales growth ahead of profit. In the first quarter, Tesla posted its lowest quarterly gross profit margin in two years. You're investing in Elon Musk," said Kim Forrest, chief investment officer of Bokeh Capital Partners.

☆ Boeing has a delivery problem and it's not good for the airlines that rely on its planes
▼ + stars: | 2023-04-15 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

These include the MAX 7, MAX 8, and the MAX 8200, which is a high-capacity version of the MAX 8 variant. American has 42 MAX planes in its fleet and 88 on order. The carrier has 137 MAX planes in its fleet with firm orders for 417, plus another 147 as options. Though Boeing and its partners are still assessing the impact of the most recent delivery stoppage, delivery delays have become a serious trend for the planemaker. And, Boeing said despite its recent 787 delivery pause, it didn't "anticipate a change to our production and delivery outlook for the year."

☆ Mary Quant, designer who epitomized Swinging 60s, dies at 93
▼ + stars: | 2023-04-13 | by ( ) www.cnbc.com time to read: +6 min

Mary Quant, the visionary fashion designer whose colorful, sexy miniskirts epitomized Swinging London in the 1960s has died at 93. Mary Quant, the visionary fashion designer whose colorful, sexy miniskirts epitomized Swinging London in the 1960s and influenced youth culture around the world, has died. "She was the right person with the right sensibility in the right place at the right time. Quant was also credited with introducing hot pants and micro-minis to the fashion scene in the late 1960s. Quant stepped down from the day-to-day management of her firm, Mary Quant Ltd., in 2000 after it was purchased by a Japanese company, but kept working as a consultant.

☆ British royals gather for first Easter of King Charles' reign
▼ + stars: | 2023-04-09 | by ( ) www.reuters.com time to read: +2 min

[1/2] King Charles III and the Queen Consort attend the Easter Mattins Service at St George's Chapel at Windsor Castle in Berkshire, Britain April 9, 2023. Yui Mok/Pool via REUTERSLONDON, April 9 (Reuters) - King Charles and senior British royals gathered at Windsor Castle for their traditional Easter service on Sunday, the first of the new monarch's reign. Also present was the king's younger brother Prince Andrew, who was removed from royal duties before settling a U.S. sex abuse lawsuit last year. Both are buried in the King George VI chapel at Windsor. It is also the 18th wedding anniversary for Charles and second wife Camilla, who tied the knot in Windsor in 2005.

☆ Deloitte's chief purpose officer says he's pushing execs to think differently about change in corporate America
▼ + stars: | 2023-04-06 | by ( Josée Rose | ) www.businessinsider.com time to read: +10 min

Kwasi Mitchell, Deloitte's chief purpose officer, says he's driven, not overwhelmed, by his job. As Deloitte's first chief purpose officer, his reach across corporate America is great. I had a conversation with my boss at that time, and he said, "We've heard you with respect to your concerns on not wanting to step into this role right now. Not only were we not worried about D&I efforts being cut, organizations didn't have significant D&I programming to cut to begin with. That person that you just hired two years ago should not be the first person to exit your organization.

☆ Former Google CEO Eric Schmidt says those in AI industry have to 'make sure' the technology 'doesn't harm but just helps'
▼ + stars: | 2023-04-02 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +3 min

AI Technology has advanced rapidly and gained popularity in recent years. Former Google CEO Eric Schmidt told ABC News the technology has promise, but there are concerns. He said the industry has to work to find "guardrails" to prevent negative impacts on democracy. Schmidt, who was Google's CEO from 2001 to 2011 and the company's executive chairman from 2011 to 2015, laid out the promise and peril of AI technology during the interview. The tech leader said the entire industry needs to come together to figure out appropriate "guardrails" because the technology is only going to get bigger.

☆ Trump raised more than $4 million within 24 hours following grand jury indictment, his campaign says
▼ + stars: | 2023-04-01 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Trump's campaign said it raised more than $4 million after he was indicted. It said that the influx of grassroots donations demonstrated the American people's support for Trump. "This incredible surge of grassroots contributions confirms that the American people see the indictment of President Trump as a disgraceful weaponization of our justice system by a Soros-funded prosecutor," the statement said. The campaign said the donations further solidified Trump's status as "the clear frontrunner in the Republican primary." Trump and his campaign have repeatedly lashed out at Manhattan District Attorney Alvin Bragg and tried to frame the indictment as a political attack.

☆ The Manhattan DA's office investigating Trump has been 'inundated' with hundreds of angry calls spewing racial slurs and parroting Trump's rhetoric
▼ + stars: | 2023-03-27 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

The Manhattan attorney's office investigating Donald Trump has been "inundated" with calls from angry supporters. The callers have been parroting Trump's rhetoric and hurling racial slurs against DA Alvin Bragg. In recent days, the Manhattan DA's office has been the victim of several death threats. In a since-deleted post, Trump also shared a photo of himself holding a baseball bat, ready to swing, next to Bragg. "I'm not his social media consultant," Trump lawyer Joe Tacopina told NBC's Chuck Todd on "Meet the Press" on Sunday.

☆ Goldman Sachs says these stocks are a safe place to hide even in this uncertain market
▼ + stars: | 2023-03-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

"A reopening in China also serves as a catalyst for accelerating revenue growth and upside in IRM's ITRenew business," he wrote. "We believe IRM's pricing power and expanding growth portfolio will drive attractive organic revenue growth," he added. ... Reopening in China also serves as a catalyst for accelerating revenue growth & upside in IRM's ITRenew business. ... IRM's revenue mgmt strategy is translating into healthy storage pricing trends. ... We believe IRM's pricing power and expanding growth portfolio will drive attractive organic revenue growth."

☆ Trump claims Manhattan DA Alvin Bragg is backed by George Soros. Here's why that attack is an antisemitic trope.
▼ + stars: | 2023-03-23 | by ( Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +8 min

Trump said Manhattan DA Alvin Bragg is backed by the billionaire philanthropist George Soros. To be clear, there is no evidence that George Soros has donated to Bragg. "George Soros and Alvin Bragg have never met in person or spoken by telephone, email, Zoom etc.," Vachon told Insider via email. Neither George Soros nor Democracy PAC contributed to Alvin Bragg's campaign for Manhattan District Attorney." To the far right, Soros represents a member of that cabal, said Lorber, an analyst at Political Research Associates.

☆ Former presidential candidate John Edwards was accused of funneling nearly $1 million in donor contributions to support his pregnant mistress and criminally charged with a campaign finance violation.
▼ + stars: | 2023-03-19 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

John Edwards was charged with campaign finance violations in 2011 related to his 2008 presidential run. Edwards was acquitted of one campaign finance violation charge — the others were dropped. The last time a presidential candidate was criminally charged for alleged campaign finance violations, John Edwards faced up to 30 years in prison and $1.5 million in fines. Edwards was John Kerry's vice presidential running mate in 2004 in the pair's losing race against George W. Bush and Dick Cheney prior to launching his own presidential campaign in 2008. "It's not illegal to be a pig," said Brett Kappel, a Washington campaign finance expert told The Washington Post at the time the charges were brought.

☆ Fact Check-Claim George Soros went missing in Geneva stems from satire account
▼ + stars: | 2023-03-09 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Billionaire philanthropist George Soros did not go missing in Geneva in early March, despite widely shared claims online. The unsubstantiated rumor appears to have stemmed from a satirical Twitter account. The earliest iteration of the claim online that Reuters could find stems from a satirical Twitter account (here), archived (archive.is/1xhn4). The claim appears to have stemmed from a satirical Twitter account. Spokespeople for Soros told Reuters that he is not missing and was not scheduled to speak at an event in Geneva on March 5.

☆ How universities became giant piggy banks for hedge-fund billionaires
▼ + stars: | 2023-03-08 | by ( Catherine Liu | ) www.businessinsider.com time to read: +14 min

The move also marked the beginning of a new way to manage endowment funds. The arrangement has been a boon for the hedge-fund managers who received university endowment cash, but the benefits for the schools are trickier to parse. As Eaton put it in his book, universities directed funds to "wherever those allocations would generate the largest further investment returns." Eaton estimated in 2017 that tax breaks for university endowments cost federal coffers up to $19 billion a year. As the influence of billionaires and hedge-fund managers has grown, universities have moved further away from their ultimate goal: educating people.

☆ Analysis: Netanyahu's balancing act got harder after post-summit violence
▼ + stars: | 2023-02-27 | by ( Maayan Lubell | ) www.reuters.com time to read: +5 min

On Monday, another suspected Palestinian shooting attack in the West Bank critically wounded one person, emergency services said. "It's now in his interest to show that he is clamping down on this kind of settler violence." "The U.S administration, which fosters this government, must end all these crimes," said the spokesman for Palestinian President Mahmoud Abbas. "One can see the Aqaba summit as a parable: the Americans announce that Israel has promised to freeze settlement construction, which Netanyahu then denies. "On the eve of the election Netanyahu was pondering the legacy he will have when he is reelected prime minister.

☆ Progress Shark, a 32-foot model of a great white wearing a rainbow leotard, is the breakout star of WorldPride in Sydney, Australia
▼ + stars: | 2023-02-19 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +2 min

A 32-foot model of a great white shark has become the unexpected mascot of WorldPride. It's been decked out in the colors of the Progress flag to mark WorldPride being held in Sydney. Even before it was officially unveiled on February 8, Progress Shark had become a viral sensation after Sydney WorldPride released a computer-generated preview. The Australian Museum tweeted that it was "blown away by all of the love" being shown for Progress Shark. Progress Shark now has its own fan account on Instagram — and it's sparked memes, fan-art, stickers, and even a miniature knitted version.

☆ Goldman Sachs says these stocks are too attractive to ignore in an uncertain economy
▼ + stars: | 2023-02-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Goldman Sachs unveiled a slew of stocks this week that could have major upside throughout 2023. Howmet Aerospace Goldman Sachs is standing by its buy rating on the aerospace products company. "Howmet remains well positioned in the commercial aerospace growth market, delivering critical components, taking market share, generating strong margins and cash ﬂow," he said. Howmet remains well positioned in the commercial aerospace growth market, delivering critical components, taking market share, generating strong margins and cash ﬂow. The quarter was one of progress on multiple fronts, including margins, market share, and cash flow.

☆ Canaccord Genuity upgrades Generac, says generator builder stock can surge nearly 30%
▼ + stars: | 2023-02-16 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Generac is heading in the right direction after a bout of underperformance, according to Canaccord Genuity. On Wednesday, Generac reported a beat for quarterly per-share earnings and issued better-than-expected revenue guidance for the year. GNRC 5D mountain GNRC jumped after earnings Gianarikas said that marked the end to a difficult year punctuated by a negative earnings preannouncement in October. Gianarikas said dealer growth is key to fixing inventory levels and getting the company back to revenue growth in the short term. But there's also room for the company to growth, he said, specifically within the clean energy space.

HONG KONG, Feb 8 (Reuters) - The world should "calm down" about the possibility of new COVID-19 variants circulating in China, leading Chinese scientist George Gao said. "The world should completely calm down from the fear that there are new variants or special variants circulating (in China)," Gao, professor at the Institute of Microbiology at the Chinese Academy of Sciences and former head of the Chinese Center for Disease Control and Prevention (CDC), told Reuters. The variants causing infections in China were the same Omicron sub-variants - BA.5.2 and BF.7 - seen elsewhere in the world, he said by email. Gao said China was continuing widespread viral genomic sequencing, and would identify any new variants if they emerged. A total of 13 cases of variants were found, including 1 case of XBB.1, 5 cases of BQ.1.1, 1 case of BQ.1.1.17, 4 cases of BQ.1.2 and 2 cases of BQ.1.8.

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