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☆ CNBC Daily Open: Trump guilty in hush money trial
▼ + stars: | 2024-05-31 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

Traders work on the floor of the New York Stock Exchange during afternoon trading on Jan. 22, 2024 in New York City. The Dow Jones and S&P both hit all time highs with the Dow Jones closing over 38,000 points for the first time ever as stocks continue to rise. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Saleforce sinks stocksWall Street closed lower after Salesforce had its worst day in two decades. Salesforce plungesShares of Salesforce slumped more than 20%, their worst trading day in 20 years, after the cloud software company reported weaker-than-expected results.

Persons: Dow Jones, Trump, Donald Trump, Daniels, Salesforce, Dell, Dell's, Foot, Locker's, Mary Dillon Organizations: New York Stock Exchange, CNBC, New, Republican National Convention, Dow Jones, Nasdaq, Nvidia, Microsoft, Treasury, Dell, Citi Locations: New York City, New York, U.S, Milwaukee

☆ Trump guilty in hush money trial of all 34 felony counts
▼ + stars: | 2024-05-30 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Former President Donald Trump appears in Manhattan Criminal Court, Thursday, May 30, 2024, in New York. A New York jury on Thursday found former President Donald Trump guilty of all 34 felony charges of falsifying business records related to a hush money payment to porn star Stormy Daniels by his then-personal lawyer before the 2016 election. Trump is the first former U.S. president to be found guilty of any crime. Manhattan District Attorney Alvin Bragg Jr., whose office is prosecuting Trump, entered the courtroom after the note was sent out. Cohen testified during the trial that Trump directed him to pay off Daniels before the 2016 election to prevent her story from damaging his presidential campaign.

Persons: Donald Trump, Daniels, Trump, Juan Merchan, Attorney Alvin Bragg Jr, Michael Cohen, Cohen, David Pecker Organizations: Manhattan Criminal, New, Manhattan, Attorney, National Enquirer, Trump, Trump Organization, fixer Locations: Manhattan, New York, U.S, Merchan

☆ The Trump Verdict: Americans React
▼ + stars: | 2024-05-30 | by ( The New York Times | ) www.nytimes.com time to read: 1 min

Americans were still digesting the news on Thursday evening that the Republican Party’s presumptive nominee had just become the first former president to be found guilty of a felony. But Donald J. Trump’s conviction on 34 counts of falsifying business records to cover up an alleged sexual encounter with a porn star was reverberating quickly. Here’s what people had to say across the country. John Balazy, 60, ManhattanHe’s a businessman and “hush money happens all the time,” he said. “It’s what people in these offices do all the time, so why didn’t it happen to them?”Malcolm Jake, 23, Durham, N.C.

Persons: Donald J, reverberating, John Balazy, ”, “, Malcolm Jake Organizations: Republican, Manhattan Locations: Durham, N.C

☆ False right-wing reports about Trump trial jury instructions fuel threats against judge
▼ + stars: | 2024-05-30 | by ( Ryan J. Reilly | ) www.cnbc.com time to read: +4 min

False reports about the jury instructions in former President Donald Trump's hush money trial have been spreading across right-wing media, leading to threats against the judge overseeing the case. Those "unlawful means" aren't charges themselves and would not result in separate convictions, so jurors do not have to unanimously agree on them. The jury instruction was complex and nuanced and some right-wing accounts ran with false reports. On X, after a right-wing influencer asked followers who among them wanted to see Merchan locked up for treason. In August, Trump supporters posted the names and addresses of the Fulton County grand jurors who indicted Trump and 18 of his co-defendants.

Persons: Juan Merchan, Donald Trump's, Stormy Daniels, Donald, Trump, That's, Merchan, influencer, Alice, Wonderland, Rickey Walter Shiffer, Trump's, Joe Biden, General Merrick Garland, Biden Organizations: Republican, Fox News, Federal, System, Democratic Socialist Elites, Fox, Trump, FBI Locations: Manhattan, New York City, U.S, Fulton, Cincinnati

☆ Ex-President, Felon and Candidate: 5 Takeaways From Trump’s Conviction
▼ + stars: | 2024-05-30 | by ( Jesse Mckinley | Kate Christobek | ) www.nytimes.com time to read: +1 min

It was an end like no other for a trial like no other: a former American president found guilty of 34 felonies. The former president and the presumptive Republican nominee was convicted of 34 counts of falsifying business records related to a scheme to cover up an extramarital tryst with a porn star, Stormy Daniels, in 2006. That encounter — which the former president denied — led to a $130,000 hush-money payment whose concealment gave rise to the 34 counts of falsifying business records that made Mr. Trump a felon. Mr. Trump’s sentencing is scheduled for July 11; he has indicated he will appeal. Here are five takeaways from the last day of Mr. Trump’s momentous trial.

Persons: Donald Trump, Stormy Daniels, —, Trump Organizations: Republican Locations: American, Manhattan

Trump sat still after the verdict was read, with his hands in his lap, looking forward. At the heart of the criminal case against Trump was a payment that prosecutors said was designed to influence the 2016 election. A historic trial with tawdry detailsThe verdict follows the first-ever criminal trial of a former American president. AdvertisementFormer U.S. President Donald Trump departs the courtroom after being found guilty on all 34 counts in his hush money trial at Manhattan Criminal Court. In opening statements at the trial, prosecutor Matthew Colangelo described the case against Trump as being about a "criminal conspiracy," while Blanche likened hush money to "democracy."

Persons: —, Donald Trump, Trump, Stormy Daniels, Juan Merchan, Michael Cohen, Trump's, Daniels, Cohen, Merchan, Cohen —, Justin Lane, Robert Costello, Costello, scoffing, Matthew Colangelo, Blanche, Joe Biden, Robert De Niro, Eric Trump, Alina Habba Organizations: Service, Business, New, Trump, Manhattan Criminal, Prosecutors, Biden, Secret Service, Georgia — Locations: Manhattan, Tahoe, American, Washington ,, Georgia, Florida

☆ Trump, now a convicted felon, insists he's a 'very innocent man' after landmark verdict
▼ + stars: | 2024-05-30 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewFormer President Donald Trump, now a convicted felon, fumed over the verdict in his historic New York hush-money trial on Thursday, insisting that he's "a very innocent man." I'm a very innocent man," said Trump, who added that the "real verdict is going to be November 5 by the people." Trump will appeal the verdict, Susan Necheles, a lawyer for the former president told Business Insider. AdvertisementNearly every day of the five-week trial, Trump publicly criticized the Manhattan district attorney office's case against him as well as Merchan, the presiding judge. Moments after jurors started weighing a verdict, Trump told reporters in the courtroom hallway that the case against him was so "rigged" that not even "Mother Teresa" could get acquitted.

Persons: —, Donald Trump, fumed, Stormy Daniels, Trump, Trump's, Donald Trump Jr, Susan Necheles, Todd Blanche, Juan Merchan, Michael Cohen, Blanche, Cohen, Joshua Steinglass, Merchan, BULL …, Teresa, Daniels Organizations: Service, Business, New, Trump, Prosecutors Locations: New York, Manhattan, American, Tahoe

☆ The Trump Manhattan Criminal Verdict, Count By Count
▼ + stars: | 2024-05-30 | by ( The New York Times | ) www.nytimes.com time to read: 1 min

The Trump Manhattan Criminal Verdict, Count By CountJurors have reached a verdict in the first criminal trial of former President Donald J. Trump, who faces 34 felony counts of falsifying business records in connection with a hush-money payment made to a porn star in the days before the 2016 election.

Persons: Count Jurors, Donald J, Trump Organizations: Trump Manhattan

☆ Donald Trump's jury ends its first day of deliberations deep in the hush-money conspiracy weeds
▼ + stars: | 2024-05-30 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

Read previewFormer President Donald Trump's Manhattan jury deliberated for four-and-a-half hours on Wednesday — and their first note to the judge shows they were deep in the hush-money conspiracy weeds before breaking for the day. Pecker's testimony continued. Reuters/Mike Segar'The boss is going to be very angry'The second chunk of the transcript to be read back Thursday morning concerns still more of Pecker's testimony. It was at this meeting that the illegal campaign conspiracy underlying Trump's indictment was hatched, according to the witnesses. Under the alleged conspiracy, Pecker, Trump's longtime friend, would alert Cohen when negative stories arose.

Persons: —, Donald Trump's Manhattan, they'll, Trump's, David Pecker, Michael Cohen, Trump, We've, Juan Merchan, Karen McDougal Dimitrios Kambouris, Karen, Donald Trump, Pecker, Karen McDougal, Playboy Bunny, Michael, Mike Segar, It's, McDougals's, Cohen, Stormy Daniels, Daniels, Jane Rosenberg, Ted Cruz Organizations: Service, Business, National Enquirer, Trump, Reuters, Trump Organization, Trump Tower Locations: New Jersey, Mexican, New York, Manhattan, Trump's

☆ Trump's Republican megadonors shrug off his guilty verdict
▼ + stars: | 2024-05-30 | by ( Brian Schwartz | ) www.cnbc.com time to read: +5 min

Biden's team announced that its political operation, which includes the Democratic National Committee, raised $51 million in the same period. A guilty verdict is a "non-issue," said David Tamasi, a Republican fundraiser and a managing director at lobbying firm Chartwell Strategy Group. Tamasi raised money for Trump's 2020 campaign and for former New Jersey Governor Chris Christie's failed primary run against Trump last year. All of them are going back to help raise money for Trump, in spite of the guilty verdict. After not backing any of the Republican primary contenders, Schwarzman announced that he will support Trump's White House bid.

Persons: Trump, megadonors, Joe Biden, Andy Sabin, Donald Trump, Biden's, Republican megadonors, Ray Washburne, Washburne, Omeed Malik, Malik, David Tamasi, would've, he's, Tamasi, Chris Christie's, he'd, Jan, Blackstone, Steve Schwarzman, Schwarzman, Trump's, Axios, Michael Cohen Organizations: Republican, CNBC, Trump, Republican megadonors, RNC, Democratic National Committee, America, Republican National Committee, Chartwell, New, GOP Locations: Trump's, New York, Republican megadonors . Texas, Dallas, U.S, Mexico, Ukraine, Gaza, New Jersey, Trump's New York

☆ Trump trial live updates: Jury to re-hear David Pecker testimony on second day of deliberations
▼ + stars: | 2024-05-30 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Editor's note: This is developing news and will be updated throughout the day. The 12-member jury also has asked to re-hear the instructions on the law it received Wednesday from Manhattan Supreme Court Judge Juan Merchan before they began their first day of deliberations. The judge sent them home for the day after saying they would hear those requests on Thursday. Prosecutors, and Cohen, say that hid the fact that it was actually to prevent Daniels from harming Trump's then-wobbling campaign. "Mother Teresa could not beat these charges," Trump told reporters after jurors began deliberating Tuesday.

Persons: David Pecker, Emil Bove, Donald Trump's, Stormy Daniels, Donald Trump, Trump's, Michael Cohen, Juan Merchan, Trump, reimbursements, Cohen, Daniels, Teresa, Joe Biden Organizations: Republican, Manhattan, Prosecutors Locations: Manhattan, New York City, U.S, New York, Pecker's

Read previewThe jury in former President Donald Trump's criminal hush-money trial has reached a verdict. At the heart of the criminal case against Trump was a payment prosecutors said was designed to influence the 2016 election. Trump repaid Cohen with a series of checks in 2017, once he was already president, prosecutors alleged. The verdict follows the first-ever criminal trial of a former American president. "Just take care of it," Cohen said Trump told him in ordering him to quash Daniels' sex story.

Persons: —, Donald Trump's, Trump, Stormy Daniels, Michael Cohen, Trump's, Daniels, Cohen, Juan Merchan, Cohen —, Robert Costello, Costello, scoffing, Matthew Colangelo, Todd Blanche, Merchan, Joe Biden, Robert De Niro Organizations: Service, Business, Trump, New, Prosecutors, Biden, Georgia — Locations: Manhattan, Tahoe, American, Washington , DC, Georgia, Florida

☆ Live Updates: Jury to Review Testimony as Deliberations Resume in Trump Trial
▼ + stars: | 2024-05-30 | by ( Jesse Mckinley | ) www.nytimes.com time to read: +6 min

Mr. Bragg has accused Mr. Trump of concealing a federal campaign finance violation and a state election-law crime. The defense argued that Mr. Trump was a victim of extortion, led by Mr. Cohen. The defense’s main witness was a lawyer linked to Mr. Trump’s circle, Robert J. Costello, who in 2018 had acted as Mr. Cohen’s back channel to Mr. Trump’s legal team. The maximum sentenceThe charges against Mr. Trump are all Class E felonies, the lowest category of felonies in New York. But nothing in the law requires Justice Merchan to imprison Mr. Trump if he’s convicted by a jury.

Persons: Donald J, Trump, Stormy Daniels, Trump’s, Michael D, Cohen, Daniels, Alvin L, Bragg, Juan M, Karen McDougal, Playboy’s, ”, McDougal, Cohen’s, Hope Hicks, Mr, Robert J . Costello, Merchan, Justice Merchan Organizations: Prosecutors, The National Enquirer, Trump Tower, White, Trump, Defense, Mr Locations: New York City, Manhattan, Nevada, New York

☆ Trump immediately fundraises off of historic felony conviction
▼ + stars: | 2024-05-30 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +1 min

Donald Trump's campaign quickly fundraised off of his status as a convicted felon. "I'm a political prisoner," a graphic on Trump's campaign website read. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFormer Donald Trump's campaign sought to immediately capitalize on the fact that he is now a convicted felon. This story is available exclusively to Business Insider subscribers.

Persons: Donald Trump's, Joe Biden's, —, Stormy Daniels Organizations: Service, Business Locations: Manhattan

☆ Trump has been convicted. Here's what happens next
▼ + stars: | 2024-05-30 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

The judge before adjourning Thursday afternoon set Trump's sentencing date for July 11 at 10 a.m. Trump's sentence could include fines and restitution, probation or other conditions — but a sentence of imprisonment is not off the table. Merchan has broad discretion to determine Trump's sentence, and he can factor all sorts of things into his final decision. The judge also previously accused Trump of trying to "intimidate" the court, prompting an expansion of the gag order that Trump would later violate 10 times. Gershman told CNBC that a jail sentence is "certainly plausible," and that it "would not be out of bounds" for Merchan to sentence Trump to some time behind bars.

Persons: Donald Trump, —, Joe Biden, Trump's, Justin Lane, Judge Juan Merchan, Trump, Merchan, Michael Bachner, Bennett Gershman, I'd, Bachner, Gershman, incarcerating Organizations: Republican, Reuters, Trump, New, Pace Law, CNBC Locations: York, U.S, New York, New York , New York, USA, New York City, United States

☆ How they'll decide: Read the jury instructions for the historic Trump hush-money trial
▼ + stars: | 2024-05-29 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Jabin Botsford-Pool/Getty ImagesFalsifying business records in the first degreeThe standard jury charge for falsifying business records in the first degree. NYCourts.govProsecutors say Trump caused 34 business records to be falsified as part of an illegal conspiracy to influence the 2016 election. Merchan read to jurors from the standard jury charge for felony falsifying business records. Read the judge's "jury charge" here. To convict, jurors must find that Trump falsified business records to conceal an attempt to violate 17-152.

Persons: —, Donald Trump's, intently, Juan Merchan, Trump, Donald Trump, Todd Blanche, Emil Bove, Jabin, reimbursements, Trump's, Michael Cohen, Cohen, Daniels, Merchan, Jane Rosenberg, Donald Trump , Jr Organizations: Service, Business, Trump, Getty, NYCourts.gov Prosecutors, REUTERS, New Locations: New, New York, York

CNN —The jury in Donald Trump’s New York hush money trial finished its first day of deliberations Wednesday without reaching a verdict after meeting for more than four-and-a-half hours. ET to resume deliberations, but the 12 men and women will also again hear from Judge Juan Merchan. Jurors also want to re-hear Merchan’s instructions on the law that he had given them earlier Wednesday morning. The testimony the jurors are requesting relates to interactions Trump had directly with Pecker. While most federal judges will send the actual document with the jury as it deliberates, New York state courts forbid this practice.

Persons: Donald Trump’s, Juan Merchan, David Pecker, Michael Cohen, Trump, Karen McDougal’s, Cohen, Pecker, Joe Biden, Merchan, Stormy Daniels, ” Merchan, Elie Honig, “, ” Honig, ”, They’ve Organizations: CNN, National Enquirer, AMI, Trump, New Locations: York, New York, Manhattan

☆ Judgment day looms for Donald Trump in New York
▼ + stars: | 2024-05-29 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —Donald Trump, who built a mystique as the brash epitome of power, has never been more powerless to dictate his own fate. In order to convict Trump, jurors must first decide that he falsified financial documents and did so with the express purpose of committing another crime. That was evidenced, today by the Biden campaign themselves holding a rally here,” Don Trump Jr. said. “You cannot convict President Trump,” Blanche said, before repeating himself for emphasis while impressing on the jury the gravity of the historic deliberation that lies before them. “You may say, who cares if Mr. Trump slept with a porn star 10 years before the 2016 election?

Persons: Donald Trump, Judge Juan Merchan, “, Joshua Steinglass, Stormy Daniels, Trump, Daniels, Todd Blanche, Michael Cohen, ”, Blanche, there’s, Joe Biden, Robert De Niro, Biden, —, Don Jr, Eric, ” Don Trump Jr, it’s, Pop Michael Jackson, That’s, Trump’s, Michael Cohen Trump, histrionics, ” Blanche, Cohen, Steinglass Organizations: CNN, Prosecutors, Trump, Hollywood, Capitol, Biden, GOP Locations: New York City, York, New York

☆ Jury Deliberations Are Starting in Trump’s Trial. Here’s How They Work.
▼ + stars: | 2024-05-29 | by ( Kate Christobek | More About Kate Christobek | ) www.nytimes.com time to read: +1 min

The jurors’ verdict on each count — guilty or not guilty — must be unanimous. Mr. Trump also must remain inside the courthouse while the jury is deliberating. If the jury finds that he is guilty of even one of the counts, the judge will sentence Mr. Trump at a later date. But if they find that he is not guilty of all of the charges, Mr. Trump will be acquitted. If the jurors cannot reach a verdict, they will inform the judge, who will urge them to continue their deliberations.

Persons: Trump, Stormy Daniels

☆ Jury Will Consider Felony Charges Against Trump on Wednesday
▼ + stars: | 2024-05-29 | by ( Ben Protess | Jonah E. Bromwich | ) www.nytimes.com time to read: 1 min

Jurors in Donald J. Trump’s criminal trial will begin deliberations on Wednesday after hearing hours of closing arguments that portrayed the case in stark and irreconcilable terms. It could take hours, days or even weeks for the 12 New Yorkers to reach a verdict in the first criminal trial of an American president. And before they begin deliberating, the jurors will receive instructions from the judge on the relevant law. This last stage of the weekslong case comes a day after the jurors watched both sides deliver their final flurry of arguments. The woman, Stormy Daniels, kept quiet after Mr. Trump’s onetime fixer, Michael D. Cohen, bought her silence with a $130,000 hush-money deal.

Persons: Donald J, Joshua Steinglass, Trump, Stormy Daniels, Trump’s, Michael D, Cohen

☆ What Penalties Could Trump Face if He Is Convicted?
▼ + stars: | 2024-05-29 | by ( Kate Christobek | More About Kate Christobek | ) www.nytimes.com time to read: +1 min

If Donald J. Trump is convicted, it will be up to Justice Juan M. Merchan to decide whether his punishment will include prison time. Mr. Trump is charged with 34 counts of falsifying business records related to the coverup of a $130,000 hush money payment that was made to the porn star Stormy Daniels in the days leading up to the 2016 election. But if Mr. Trump is convicted on more than one count, Justice Merchan would likely impose the punishment concurrently, meaning he would have Mr. Trump to serve prison time on each of the counts simultaneously. Incarceration is not a given: Justice Merchan could instead opt to impose a sentence of probation, with no prison time. Mr. Trump would then be required to regularly report to New York City’s Probation Department.

Persons: Donald J, Trump, Justice Juan M, Merchan, Stormy Daniels Organizations: Justice, Department Locations: New York State, New York

☆ Trump trial jury set to begin deliberations in New York criminal hush money case
▼ + stars: | 2024-05-29 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Former US President Donald Trump attends his trial for allegedly covering up hush money payments linked to extramarital affairs, at Manhattan Criminal Court in New York City, on May 16, 2024. Jurors in the criminal hush money trial of former President Donald Trump are set to begin deliberating a potential verdict Wednesday, after they receive instructions from a judge in a New York courtroom. Trump's lawyer and a prosecutor gave closing arguments all day Tuesday and into the early evening. The case marks the first time a former U.S. president has faced criminal charges. Cohen testified at trial in Manhattan Supreme Court that he paid Daniels at Trump's direction to buy her silence about an alleged one-time sexual tryst with Trump in 2006.

Persons: Donald Trump, Trump, Joe Biden, Michael Cohen, Daniels, Cohen, Hillary Clinton, Trump's, Juan Merchan Organizations: Manhattan Criminal, Republican, Trump Organization, Prosecutors, Democratic Locations: New York City, New York, U.S, Manhattan

☆ Sean ‘Diddy Combs’: A federal grand jury may soon hear from accusers
▼ + stars: | 2024-05-29 | by ( Elizabeth Wagmeister | Josh Campbell | ) edition.cnn.com time to read: +7 min

CNN —Federal investigators are preparing to bring accusers of music mogul Sean “Diddy” Combs before a federal grand jury, two sources familiar with the probe tell CNN — signaling the US Justice Department is moving toward potentially seeking an indictment of Combs. Combs has been named in eight civil lawsuits since November – seven directly accusing him of sexual assault. One of the eight lawsuits, filed by former girlfriend Cassie Ventura, has been settled. Now, additional sources told CNN that the majority of the plaintiffs who have filed civil suits against Combs have been interviewed by federal investigators. Federal investigators are now “digging deeper,” and some of the accusers have been questioned numerous times, a source said.

Persons: Sean “ Diddy ” Combs, Combs, Cassie Ventura, Christian Combs, Sean Combs, ”, Sean, Diddy, HSI, “, they’ve, Lampros, Crystal McKinney, Joi Dickerson, Neal, Dickerson Organizations: CNN, Federal, US Justice Department, Bad Boy Records, Homeland Security Investigations, Combs, Feds, Department of Homeland Security, KCBS CNN Locations: New York City, Los Angeles, Miami

☆ Trump claims the hush money porn star case is so 'rigged' against him that not even Mother Teresa could get acquitted
▼ + stars: | 2024-05-29 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +1 min

Donald Trump invoked Mother Teresa as jurors began deliberations in his Manhattan criminal trial. "Mother Teresa could not beat these charges," the former president said. Trump is accused of helping falsify business records to cover up a hush money payment to a porn star. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFormer President Donald Trump on Wednesday said that the Manhattan District Attorney's case that he falsified business records to cover up hush money payments to a porn star is so "rigged" that not even one of the most famous modern Catholic saints could not get acquitted.

Persons: Donald Trump, Mother Teresa, Teresa, Trump, —, Todd Blanche Organizations: Service, Manhattan District, Business

☆ Live Updates: Jury to Consider Felony Charges Against Trump
▼ + stars: | 2024-05-29 | by ( Ben Protess | Jonah E. Bromwich | ) www.nytimes.com time to read: +6 min

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