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☆ Conservatives vying to derail Kevin McCarthy's speaker bid may not be able to stop him. But forcing multiple votes — the record is 133 — could still make for a historic fight.
▼ + stars: | 2022-12-31 | by ( Warren Rojas | ) www.businessinsider.com time to read: +5 min

Kevin McCarthy is working to clinch the votes needed to become House speaker in 2023. Around a dozen House Republicans currently have issues with giving him the job. Should getting a promotion require more than five dozen ballots, McCarthy would move into Howell Cobb territory (63 ballots; 1849). In order to push McCarthy past Banks in terms of all-time ballots, blockers would have to keep McCarthy at bay at least 134 times. "We may see the cherry blossoms before we have a Speaker," the Trump-aligned Floridian said, citing DC's seasonal spectacle.

NBC News reporters tracked seven bellwether counties as part of the "County to County" project for the 2022 midterm elections. However, as the Omicron variant swept its way across the country last winter, even Democratic voters were in a sour mood, showing pandemic fatigue amid Biden’s stalled legislative agenda. Democrats doubled down on the message even as polls showed GOP Sen. Ron Johnson gaining momentum with a message on crime. For young voters in Dane County, it was a message that worked. Democrats were enthusiastic, and they'll continue to look to Dane County as key to their path to victory in 2024 and beyond.

☆ Investors should look to 'good quality corporate debt and gold' in 2023, strategist says
▼ + stars: | 2022-12-21 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Brendan McDermid | ReutersLONDON — As fundamentals hold up and tight financial conditions weigh on stock markets, corporate debt and gold could be strong investment options in 2023, according to Michael Howell, managing director at CrossBorder Capital. A slowing economy, tightening financial conditions and rising yields might typically prompt greater stress in the corporate debt markets and a higher rate of delinquencies. So, this time, corporate debt markets are actually in a reasonably good shape, so that is an area that I would suggest is not a bad area for 2023." "The economy didn't turn until the end of 2001...the corporate debt market picked up prior to that, around about Q2, Q3 [second, third quarter] of 2001. "Where you want to be positioned next year is good quality corporate debt and gold."

☆ Good quality corporate debt and gold are where you want to be next year, analyst says
▼ + stars: | 2022-12-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGood quality corporate debt and gold are where you want to be next year, analyst saysMichael Howell, CEO of CrossBorder Capital, says the U.S. Federal Reserve may pivot in liquidity before it does in interest rates.

Investigators from the Department of Justice reviewed numerous email exchanges between Rep. Scott Perry, R-Pa., Trump lawyer John Eastman and two DOJ officials who were pushing the then-president's plan to overturn the 2020 election results, newly unsealed court filings show. Earlier this year, federal investigators seized phones belonging to Perry and Eastman and also searched Clark's home. The Justice Department had asked Howell to unseal a pair of decisions from June and September, but some parts are still redacted. “He wanted Mr. Clark — Mr. Jeff Clark to take over the Department of Justice,” Hutchinson said. It's unclear why the Justice Department asked the judge to unseal the rulings now.

☆ Quinton Simon’s mother indicted on murder charges weeks after his body was found in a Georgia landfill
▼ + stars: | 2022-12-15 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +4 min

The mother of Quinton Simon, the 20-month-old Georgia toddler whose remains were found in a Savannah landfill last month, was indicted on murder charges on Wednesday, weeks after being arrested and charged in connection with his death. The false statements allegedly included repeated claims about what she had been doing during the hours around Quinton's alleged murder, the indictment states. Chatham County Police Dept. A spokesperson for the Chatham County District Attorney's office could not immediately be reached. Cook Jones told reporters Wednesday that that arrest is a "separate legal matter under investigation" and declined to elaborate.

☆ Justice Department has tried to access GOP Rep. Scott Perry’s text messages
▼ + stars: | 2022-12-13 | by ( Katelyn Polantz | ) edition.cnn.com time to read: +4 min

That led the Pennsylvania lawmaker to be in touch with powerful Trump backers, including Meadows, Justice Department official Jeffrey Clark and others who pushed false claims of election fraud. Perry previously said that the Justice Department told his attorneys he was not a target of the investigation. Perry sued the Justice Department days after the search, then quickly asked the court to put the public-facing lawsuit on hold. The Justice Department approached Perry’s phone seizure and other phone seizures from Trump allies in two parts, according to sources familiar with the investigation and public filings. A Justice Department spokesman declined to comment.

☆ Trump's terrible, horrible, no good, very bad campaign kickoff
▼ + stars: | 2022-12-10 | by ( Brent D. Griffiths | Sonam Sheth | ) www.businessinsider.com time to read: +8 min

Trump pledged when he launched his 2024 campaign that "America's comeback starts right now." Senate Minority Leader Mitch McConnell also said Trump's actions make him less likely to be the party's nominee. Trump endorsed Florida Sen. Rick Scott in the contest, but McConnell handily defeated Scott, another sign of Trump's slipping hold on the Republican Party. The DA's office notched a huge victory this week when a jury convicted the Trump Organization of nine tax-fraud counts. US District Judge Beryl Howell has not made a final decision on the request to hold Trump's team in contempt of court, according to The Post.

A source familiar with the matter confirmed the DOJ's request, which was first reported by The Washington Post. The request comes after Trump's lawyers recently discovered at least two documents with such markings in a storage unit in West Palm Beach, Florida. That search turned up over 100 documents with such markings, including some marked top secret, in a storage room in Mar-a-Lago and in Trump's office there. Judge Beryl Howell's hearing on the DOJ’s request, and the legal arguments underpinning it, are being kept under wraps because they involve grand jury proceedings. Corcoran drafted the June letter certifying all documents with classification markings had been returned, NBC News has previously reported.

☆ Justice Department to Urge Judge to Hold Trump Team in Contempt Over Classified Documents
▼ + stars: | 2022-12-09 | by ( Sadie Gurman | Alex Leary | ) www.wsj.com time to read: 1 min

WASHINGTON—Federal prosecutors will urge a judge in a closed-door hearing Friday to hold Donald Trump‘s legal team in contempt of court for failing to fully turn over all classified documents in the former president’s possession, a person familiar with the matter said. Justice Department lawyers made the request of U.S. District Judge Beryl Howell in recent days, amid an escalating battle with Mr. Trump’s lawyers over whether he has surrendered all the documents he took with him when he left the White House. Investigators issued a subpoena for the records in May, and in August, executed a search warrant at Mr. Trump’s Mar-a-Lago estate in Florida believing he had not fully complied with the spring demand.

☆ Judge declines to hold Trump and his legal team in contempt of court over classified documents: reports
▼ + stars: | 2022-12-09 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

A judge declined to hold Trump and his legal team in contempt of court, according to reports. The Justice Department had urged Chief Judge Beryl Howell to hold Trump's team in contempt for failing to fully comply with a May subpoena directed to Trump's custodian of records. "If the Department of Justice can go after President Trump, they will surely come after any American who they disagree with," Cheung added. "President Trump is the only one who stands in the way of the un-American weaponization of law enforcement." Prosecutors had asked the court to hold Trump in contempt following the August search of his Mar-a-Lago resort.

☆ Trump lawyers head to D.C. federal court before closed hearing on DOJ contempt request
▼ + stars: | 2022-12-09 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Former U.S. President Donald Trump speaks at a rally to support Republican candidates ahead of midterm elections, in Dayton, Ohio, November 7, 2022. Lawyers for former President Donald Trump gathered Friday at the federal courthouse in Washington, D.C., before a closed hearing expected to deal with a request by the Department of Justice to hold Trump's office in contempt of court. Howell is set to hold a hearing in the case Friday afternoon, which will be closed to the public. Trump's lawyers Evan Corcoran, Jim Trusty and Timothy Parlatore were seen arriving separately and then entering Howell's chambers together around the time of the scheduled hearing, NBC reported. Trump last month announced his candidacy for the Republican presidential nomination in 2024.

☆ Closed-door contempt hearing related to Trump ends with no outcome publicly announced
▼ + stars: | 2022-12-09 | by ( Katelyn Polantz Casey Gannon Hannah Rabinowitz Lauren Koenig Kristen Holmes | Katelyn Polantz | Casey Gannon | ) edition.cnn.com time to read: +4 min

Washington CNN —A federal judge declined to hold former President Donald Trump in contempt of court in a closed-door hearing on Friday, two sources familiar with the matter told CNN. The sources also told CNN that Chief Judge Beryl Howell instead pressed the Trump team and the Justice Department to work together to find a mutually agreeable resolution. The contempt proceedings for Trump ended after almost 90 minutes behind closed doors on Friday afternoon at a Washington, DC, courthouse. The Justice Department declined to comment. But the Justice Department is still unsatisfied with the search and with Trump’s side not asserting all documents have been turned over, CNN previously reported.

☆ U.S. Justice Dept asks judge to hold Trump team in contempt in documents probe -report
▼ + stars: | 2022-12-08 | by ( Industry Insight | Saw Law Firms Move Past The Pandemic Into A More Client-Focused Service Environment | Thomson Reuters Institute | ) www.reuters.com time to read: +2 min

U.S. District Court Judge Beryl Howell has not yet held a hearing or ruled on the request, the newspaper reported. The Justice Department declined to comment on the report. A Trump spokesman told Reuters that the former president's lawyers "continue to cooperate and be transparent," while describing the probe as "a political witch hunt." The Justice Department is investigating whether Trump broke the law by retaining U.S. government records, some marked as top secret, after leaving office in January 2021. The Department of Justice is also investigating his efforts to overturn the results of the 2020 presidential election.

☆ DOJ asks judge to hold Trump in contempt over classified documents subpoena, reports say
▼ + stars: | 2022-12-08 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

The Department of Justice has asked a federal judge to hold former President Donald Trump or his office in contempt of court over failing to comply with a subpoena that requires him to turn over all documents marked classified in his possession, two reports said Thursday. Prosecutors for the department last week told U.S. District Court Chief Judge Beryl Howell in Washington, D.C., that searches for such documents performed by Trump's team of four locations before Thanksgiving were not satisfactory, CNN reported. The Washington Post, which earlier reported on the contempt request, said a key issue of dispute between the DOJ and Trump's legal team has been his team's repeated refusal to designate someone as a custodian of records who could state that all classified records have been returned to the government. The Post reported that the DOJ wants Trump's office held in contempt, while CNN reported that the department wants Trump held in contempt.

☆ The DOJ has asked a court to hold Trump's office in contempt in the Mar-a-Lago documents case
▼ + stars: | 2022-12-08 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +2 min

The Justice Department has asked a federal judge to hold former President Donald Trump's office in contempt of court for failing to comply with a subpoena for all the classified documents Trump took from the White House, The Washington Post reported. Trump's team initially turned over 15 boxes of documents to the National Archives in January. The DOJ's request for US District Judge Beryl Howell to hold Trump's team in contempt is indicative of the increasingly combative nature of prosecutors' communications with Trump's office. The report said that Trump's team has refused to designate a custodian despite months of back and forth. Those include the Mar-a-Lago records case as well as the department's inquiry into events surrounding the January 6, 2021, attack on the US Capitol.

☆ Lawyers reportedly found more classified government documents in Trump's Florida storage units alongside 'swords and wrestling belts'
▼ + stars: | 2022-12-07 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +3 min

Trump hired the team himself to do a more thorough search pursuant to a subpoena request. The documents were found with suits, swords, and wrestling belts, a source told the Washington Post. The FBI executed a search warrant at Trump's Mar-a-Lago country club estate in August, believing Trump's lawyers didn't comply with the earlier subpoena. According to the Post, Trump hired an outside law firm to conduct additional searches to comply with instructions by Chief US District Judge Beryl A. Howell. A person familiar with the search told the Post that the Florida storage unit was not cataloged and contained an assortment of gifts and clothing.

☆ Stocks making the biggest moves after hours: MongoDB, Toll Brothers, Dave & Buster's and more
▼ + stars: | 2022-12-06 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

MongoDB — The database platform surged about 26% in extended trading following the company's quarterly results. Mongo posted better-than-expected revenue for the most recent quarter and issued upbeat fourth-quarter revenue guidance, according to Refinitiv. Dave & Buster's — Shares of the restaurant and video arcade operator dropped 5% even after it posted better-than-expected revenue and posted earnings that were in line with estimates, according to Refinitiv. Toll Brothers — Shares of the luxury homebuilder rose 1% after hours following the company's quarterly results. Toll Brothers posted home sales revenue that was better than Wall Street expectations, according to Refinitiv.

☆ Where Did the Missing Money Go? Sam Bankman-Fried Says He Can Only Guess
▼ + stars: | 2022-12-03 | by ( ) www.wsj.com time to read: 1 min

Audio Tech in TVs Has Improved. If you’re having trouble hearing the dialogue on your TV, it may not be you. As audio technology develops and directors make more creative sound choices, it’s getting harder to distinguish what actors are saying. WSJ personal tech reporting assistant Cordilia James joins host Zoe Thomas to discuss what’s going on and how to improve your TV listening experience. Photo Illustration: Chaya Howell/The Wall Street Journal

☆ JCPenney was once a shopping giant. Can it make a comeback?
▼ + stars: | 2022-11-27 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +14 min

People walk past a JCPenney store at the Queens Center Mall in New York in 2016. The Denver Post/Getty Images Shoppers hurry across an intersection in front of a JCPenney store in Denver in 1964. Anne Cusack/The Los Angeles Times/Getty Images Customers shop at a new JCPenney store in New York in 2009. Mary Altaffer/AP A customer goes down an escalator at a JCPenney store in Westminster, Colorado, in 2009. Don Emmert/AFP/Getty Images JCPenney CEO Jill Soltau speaks during an interview in Fort Worth, Texas, in 2019.

☆ 'Boomerang CEOs' don't always work out; Disney hopes this one bucks trend
▼ + stars: | 2022-11-22 | by ( David Randall | ) www.reuters.com time to read: +5 min

NEW YORK, Nov 22 (Reuters) - Can Walt Disney Co (DIS.N) bank on another hit sequel? That appears to be the hope behind the company's surprise decision to bring back former chief executive Bob Iger to replace Bob Chapek. During his first tenure from 2005 to 2020, Disney's annualised shareholder returns were more than 14%, well above its rival Comcast Corp (CMCSA.O) and the broader stock market, and in total in that period the stock rose more than 400%. Yet there are reasons to think that Disney may have made the right decision in bringing back Iger, Bingham said. “I think this is a game-changer," said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors, about Disney.

☆ Black family receives a home appraisal $259k higher than original after asking a white neighbor to present it for them, report says
▼ + stars: | 2022-11-19 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +5 min

They asked a white neighbor to present it to appraisers and "whitewashed" their home, King 5 reported. The second appraisal, presented by a white woman, came in at $259k higher than the original. The Clark family said they bought their home in Seattle's Columbia City neighborhood for a little under $1m four years ago. Since then, they told King 5 they renovated it by updating the kitchen and a bathroom and adding an extra bathroom. The second appraisal came in at $259,000 higher than the original.

☆ Bitcoin will fall further, says fund manager — until this one catalyst kicks in
▼ + stars: | 2022-11-11 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

One key thing is needed for a rally in bitcoin prices, according to Michael Howell from Cross Border Capital: liquidity. "They're completely connected," he said and warned investors that prices will likely fall further in the near term. "We have maximum liquidity tightness right now, and central banks are actually thinking about squeezing even more." Bitcoin rally Howell believes cryptocurrencies are "extremely liquidity sensitive" and might be one of the first indicators of changing conditions in financial markets. He added that as soon as central banks pivot away from monetary tightening, assets — including bitcoin — "will see a very sharp rally.

☆ A Capitol rioter pleaded guilty to assaulting police with a skateboard despite yelling, 'We will not concede,' on January 6
▼ + stars: | 2022-11-10 | by ( C. Ryan Barber | ) www.businessinsider.com time to read: +3 min

Feds said the son hit a police officer with a skateboard emblazoned with the words "White Fang." The father was charged with fighting a police officer over a baton at the Capitol doors. Prosecutors alleged Grady Owens struck a police officer with a skateboard on the west lawn of the Capitol. Owens' father was arrested two weeks after, on April 16, in Austin, Texas, according to court records. Grady and Jason Owens each face a maximum sentence of 8 years in prison, according to the US attorney's office in Washington, DC.

☆ Law firms that make billions fighting injuries and frauds are very hush-hush about what they pay. Here are the starting salaries at 19 firms from Altshuler to Wigdor.
▼ + stars: | 2022-11-08 | by ( Jack Newsham | ) www.businessinsider.com time to read: +8 min

Many plaintiffs' firms pay somewhere in between. Despite more law firms increasingly paying their top earners like professional athletes, many law school grads only make between $50,000 and $80,000 a year. Things do appear to be changing as more plaintiffs firms seek to compete with Big Law firm talent. But firms like Edelson that pay as much as Big Law firms are the exception. For more information on how these law firms pay, see our table below:Do you have more information on how plaintiffs' firms pay their lawyers?

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