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☆ Buffett's Berkshire posts bigger loss as stocks fall; operating profit sets record
▼ + stars: | 2023-11-04 | by ( Jonathan Stempel | ) www.reuters.com time to read: +6 min

Operating profit rose 41% to $10.76 billion, even as Berkshire's net loss more than quadrupled to $12.77 billion. "Against that backdrop it's not surprising that Berkshire's consumer and housing-related subsidiaries are seeing pressure," she said. "Berkshire is disciplined," said Tom Russo, a partner at Gardner Russo & Quinn in Lancaster, Pennsylvania who has owned Berkshire stock since 1982. Berkshire's net results swing widely because accounting rules require the company to report investment gains and losses even if it buys and sells nothing. His $117.5 billion net worth ranks fifth worldwide according to Forbes magazine.

Persons: Rick Wilking, Warren Buffett's, Jim Shanahan, Edward Jones, Cathy Seifert, extol, Buffett, Tom Russo, Gardner Russo, Quinn, Cash, Berkshire's, Ian, Geico, Shanahan, PACIFICORP, Haslam, Jonathan Stempel, Ira Iosebashvili, Jason Neely, Diane Craft Organizations: Berkshire Hathaway, REUTERS, Warren Buffett's Berkshire Hathaway Inc, Apple, Treasury, BNSF, Clayton Homes ., Berkshire, Forbes, . Berkshire, Thomson Locations: Omaha, U.S, Berkshire, Omaha , Nebraska, Lancaster , Pennsylvania, California, Florida , New Jersey, New York, United States, Israel

☆ He Left Boeing. Now He’s the Jet Maker’s Most Important Person.
▼ + stars: | 2023-11-01 | by ( Sharon Terlep | Andrew Tangel | ) www.wsj.com time to read: 1 min

Pat Shanahan says the time he spent working with Spirit AeroSystems as a Boeing executive positioned him to make needed changes. Photo: Manuel Balce Ceneta/Associated PressBoeing has tried for years to turn itself around. Its new best hope is a former executive who had a front-row seat to the jet manufacturer’s struggles. Pat Shanahan , a 30-year Boeing veteran and engineer by training, has taken over as interim chief executive officer of one of Boeing’s biggest and most problematic suppliers.

Persons: Pat Shanahan, AeroSystems, Manuel Balce Ceneta Organizations: Boeing, Associated Press Boeing

☆ Man Who Stormed Capitol as Princeton Student Gets 2-Month Prison Term
▼ + stars: | 2023-11-01 | by ( Ed Shanahan | More About Ed Shanahan | ) www.nytimes.com time to read: +1 min

A 22-year-old New Jersey man was sentenced to two months in prison on Wednesday for taking part, as a Princeton University student, in the storming of the U.S. Capitol on Jan. 6, 2021, by a mob loyal to former President Donald J. Trump. The man, Larry F. Giberson Jr., pleaded guilty in July to civil disorder, a felony, after federal prosecutors charged him with that crime and several misdemeanors, according to court records. The misdemeanors were dismissed as part of Mr. Giberson’s plea agreement, court records show. He was also sentenced to six months of supervised release under home detention. Image Larry Giberson Credit... via FBIBefore being sentenced, Mr. Giberson, of Manahawkin, N.J., expressed remorse in court for what he called his “careless and thoughtless actions,” The Associated Press reported.

Persons: Donald J, Trump, Larry F, Giberson Jr, Giberson, Giberson’s, Larry Giberson Organizations: Princeton University, U.S, Capitol, FBI, Associated Press Locations: New Jersey, Manahawkin, N.J

He had eight catches for 130 yards and two TDs last week to set an NFL record with his sixth straight game with at least 125 yards receiving. Brown has 831 yards in his last six games and is currently on pace for 1,995 — slightly ahead of Johnson's record. Mahomes had won 13 straight games in the division, one shy of the longest streak since the merger held by Peyton Manning and Andrew Luck. Mahomes also saw an end to his streak of 35 straight games in the regular season or playoffs with at least one TD pass. The Panthers had lost 56 straight games when they trailed at any point in the fourth quarter for the longest streak since at least 1991.

Persons: Brown, Calvin Johnson's, Charley Hennigan, Elroy Hirsch, Don Hutson, QBS Will Levis, Marcus Mariota, Hall, Hall of Famer Fran Tarkenton, Levis, Bryce Young, Anthony Richardson, Aidan O’Connell, Dorian Thompson, Robinson, Tyson Bagent, Jaren, Kirk Cousins, Clayton, Young, Peyton Manning, Ryan Leaf, Zach Wilson, Trevor Lawrence, Mariota, Jameis Winston, Rick Mirer, Drew Bledsoe, BUSTER Kansas, Patrick Mahomes, Otto Graham, Mahomes, Andrew Luck, Drew Brees, San, Kyle Shanahan, Tyrod Taylor, Tommy DeVito, Ryan Leaf's, ___ Organizations: NFL, Miami Dolphins, Philadelphia Eagles, Levis, Atlanta, Hall of Famer, C.J, Arizona, Young, Stroud, Panthers, Denver, Chiefs, Broncos, Miami, Buffalo, San, Rams, Kansas City, Carolina, Sunday, Philadelphia, New York Giants, Jets, The Giants, Giants, Cleveland, Jacksonville, Chargers, Raiders, Eagles Locations: A.J, Tennessee’s, Stroud, Minnesota, San Francisco, Kansas

REUTERS/Nick Oxford Acquire Licensing RightsNov 1 (Reuters) - Spirit AeroSystems (SPR.N) on Wednesday projected higher-than-expected cash burn for 2023 as it slashed anticipated deliveries of 737 fuselages, but its new CEO said returning the embattled aerospace supplier to positive cash flow will be his "principle goal." "However, we have other cash levers to pull," including organizational inefficiencies and more closely enforcing contracts with its own supply chain, he said. LOWERED 737 DELIVERY EXPECTATIONSOn Wednesday, Spirit increased its anticipated free cash burn to between $275 and $325 million for 2023, compared with the $200 million to $250 million range. Executives said they anticipate positive margins on the 787 program by the first half of 2025 as a result of the agreement with Boeing. Third-quarter cash burn was $136 million, compared with a cash burn of $73 million a year ago.

Persons: Nick Oxford, Patrick Shanahan, Robert Stallard, Shanahan, Abhijith, Maju Samuel, Louise Heavens, Jonathan Oatis, Marguerita Choy Organizations: Spirit AeroSystems Holdings Inc, REUTERS, Boeing, Vertical Research Partners, Airbus, Revenue, Thomson Locations: Wichita , Kansas, U.S, Bengaluru

Yet over the last three weeks of Israel’s war with Hamas in Gaza, Rafah has become the focus of heated negotiations, a place where many people, both powerful and powerless, have pinned their waning hopes. So far, nothing and no one has been able to come out of Gaza. Aid trucks and army tanks lined the dusty road leading to the crossing. On Tuesday, 83 trucks arrived in Gaza, said Wael Abu Omar, a spokesman for the Gaza side of the Rafah crossing. There is still a chance that an agreement could come together for people with foreign passports to leave.

Persons: we’ve, Mostafa Madbouly, Wael Abu Omar, David M, ”, Israel, ’, Madbouly, Mustafa Mouftah, Mr, Satterfield, Biden, Hiba, Iyad Abuheweila Organizations: Gaza’s General Authority, ”, European Union, U.S, United Locations: Cairo, Rafah, Egypt, Gaza, Israel, North, United States, Egyptian, El Arish

☆ Here are Monday's biggest analyst calls: Apple, Amazon, Meta, Utz, Roku, Walgreens, Spotify & more
▼ + stars: | 2023-10-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bernstein upgrading Spirit AeroSystems to outperform from market perform Bernstein said it's bullish on the company's turnaround opportunity. Evercore ISI adds a tactical outperform on Roku Evercore said it sees an attractive entry point for the stock. Evercore ISI reiterates Meta as outperform Evercore said Meta estimates seems reasonable heading into earnings later this week. JPMorgan upgrades Walgreens to overweight from neutral JPMorgan said Walgreens shares are in a "new era." Stephens upgrades Utz to overweight from equal weight Stephens said it sees an attractive entry point for Utz shares.

Persons: TD Cowen, Bernstein, it's bullish, Pat Shanahan, Evercore, hasn't, Piper Sandler downgrades Salesforce, Piper, Wells, Stifel, William Blair, Tim Wentworth, Moffett, Stephens, Morgan Stanley, Apple, Max Organizations: Spotify, Citi, Diamondback Energy, Diamondback, HSBC, Marriott, Bank of America, Alcoa, 2024E, Edison, UBS, Waste Management, Republic Services, Amazon, JPMorgan, Walgreens, WBA, Apple Locations: OKTA, PCG, OW, Wells Fargo

☆ Stocks making the biggest moves midday: Chevron, Okta, Walgreens, Spirit AeroSystems and more
▼ + stars: | 2023-10-23 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Chevron — Chevron shares fell 3% after the energy giant agreed to buy Hess in a $53 billion all-stock deal , or $171 per share. Walgreens Boots Alliance — Shares popped 5.4% on Monday after JPMorgan upgraded shares to overweight from neutral and raised its price target. Beauty — Shares added 5% after Raymond James upgraded shares to strong buy from outperform in a Monday note. Spirit AeroSystems — The aerospace company's shares gained 4.8% after Bernstein raised its rating on shares to outperform from market perform. FMC Corp — The insecticide company's shares tumbled 12% after FMC issued third-quarter guidance that's lower than what it originally called for.

Persons: Hess, Okta, Pinterest, Raymond James, Olivia Tong, Tong, Bernstein, Pat Shanahan, EngageSmart, Stonepeak, CNBC's Pia Singh, Samantha Subin, Alex Harring, Sarah Min Organizations: Chevron — Chevron, Chevron, Exxon Mobil, Natural Resources, Citi, Evercore, Stifel, Walgreens, JPMorgan, Vista Equity Partners, Textainer, Clean Holdings, FMC Corp, FMC Locations: Guyana, U.S, America

Meanwhile, Boeing and Spirit, a supplier for the U.S. planemaker and European rival Airbus(AIR.PA), are contending with a lapse involving misdrilled holes on Boeing’s 737 MAX. Boeing is expected to report a loss of $2.23 per diluted share, compared with a loss of $5.49 a year ago. Spirit is projected to report a loss of $1.03 a share, compared to a loss of $1.22 a year earlier, according to LSEG data. The target may no longer be achievable if Boeing can no longer meet its goal of delivering 400 737s this year. Spirit, which reports Nov. 1, has already revealed preliminary results as part of a new price agreement with Boeing.

Persons: Benoit Tessier, Whitney, Rob Stallard, ” RTX, Ron Epstein, Vertical's Stallard, Patrick Shanahan, Pat, Michel Merluzeau, Shanahan, Valerie Insinna, Pratyush Thakur, Ben Klayman, Josie Kao Organizations: Boeing, International Paris Air, Le, REUTERS, Rights, Pratt, U.S, Airbus, Research, LSEG, ” Bank of America, Thomson Locations: Le Bourget, Paris, France, Washington, Bengaluru

A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023. Under the agreement announced on Wednesday, Spirit will get a higher price per 787 unit in the near term, while 737 unit prices will be cut from 2026 to 2033. The agreement also includes a "control clause" requiring Boeing's input if Spirit were to be acquired. Overall, the agreement should stabilize Spirit and pave the way for a future agreement with Airbus, he added. Boeing said the agreement "will enhance operational stability in our production system and help us deliver on our customer commitments."

Persons: Benoit Tessier, Tom Gentile, Robert Stallard, Patrick Shanahan, Abhijith, Valerie Insinna, Arun Koyyur, Jonathan Oatis Organizations: Boeing, International Paris Air, Le, REUTERS, Wednesday, Airbus, Research, Thomson Locations: Le Bourget, Paris, France, Bengaluru, Washington

☆ Week 6 2023 NFL Sunday: No undefeated teams left in NFL and Bills survive scare
▼ + stars: | 2023-10-16 | by ( Ben Morse | ) edition.cnn.com time to read: +9 min

Since the 1970 NFL-AFL merger, those two teams were the only ones ever to go undefeated during the regular season. Jets stun Eagles for Philly’s first defeatThe New York Jets had been down on their luck and the Philadelphia Eagles were undefeated and slowly improving after a slow start. Jets head coach Robert Saleh was blunt in his assessment after the game about the impact his defense was having on opposition teams. Frank Jansky/Icon Sportswire/Getty ImagesBills survive scareIt wasn’t convincing, but the Buffalo Bills maintained their strong start to the season with a narrow 14-9 victory over the New York Giants on Sunday night. “It’s an ugly win, but it counts the same as a pretty win,” Bills star Allen told NBC’s Melissa Stark after the game.

Persons: Tom Brady, Tony Adams, Jalen, Sauce Gardner, DJ Reed –, Robert Saleh, we’ve, ” Saleh, Randall Cobb, Sarah Stier, Zach Wilson, Aaron Rodgers, Wilson, Rodgers, Philly, Vince Lombardi, Craig James, Olamide Zaccheaus, Adam Hunger, Jake Moody, San Francisco, Brock Purdy, Kyle Shanahan, Moody, Ken Blaze, Reuters Myles Garrett, Jeremiah Owusu, Koramoah, Deshaun Watson, Nick Chubb, PJ Walker, –, Kareem Hunt, – Deebo Samuel, Christian McCaffrey, Trent Williams –, Shanahan, ” Shanahan, “, Kyle Juszczyk, ” Juszczyk, ” Moody, Frank Jansky, Darren Waller, Taron Johnson, Josh Allen, Quintin Morris, Deonte Hardy, Tyrod Taylor, Daniel Jones, Timothy T Ludwig, Jones, ”, Allen, NBC’s Melissa Stark Organizations: CNN, Miami Dolphins, New England Patriots, AFL, Dolphins, VII, Patriots, Jets, Eagles, Philly’s, New York Jets, Philadelphia Eagles, Green, Philadelphia, MetLife, “, AP, Browns, 49ers, San Francisco 49ers, Cleveland Browns, Reuters, Cleveland, Getty, Bills, Buffalo Bills, New York Giants, Giants, Buffalo, ” Bills, Baltimore Ravens, Tennessee Titans Washington, Atlanta Falcons Minnesota Vikings, Chicago Bears Seattle Seahawks, Cincinnati Bengals San Francisco 49ers, Cleveland Browns New Orleans Saints, Houston Texans Indianapolis Colts, Jacksonville Jaguars Carolina Panthers, Miami Dolphins New England Patriots, Las Vegas Raiders Detroit Lions, Tampa Bay Buccaneers Arizona Cardinals, Los Angeles Rams Philadelphia Eagles, New York Jets New York Giants Locations: New York, San, Francisco

Nearly 12 months later, coach Kyle Shanahan can't even imagine what life would be like without McCaffrey driving the Niners offense. The midseason addition of McCaffrey last year immediately transformed the 49ers from a middling offense into one of the most productive. McCaffrey currently is in the top 10 for odds to win the award, according to FanDuel Sportsbook. I knew he was really, really good and really special and could do a lot of things conventional running backs can’t do. Obviously, he can run the ball, can run routes out of the backfield, can line up as a receiver and run routes.

Persons: Christian McCaffrey, Kyle Shanahan, McCaffrey, “, ” Shanahan, Adrian Peterson, FanDuel, San Francisco didn't, Trent Williams, “ I'm, ” McCaffrey, Jerry Rice's, Hall, Hall of Famers Jim Brown, Emmitt Smith, “ He’s, Kyle Juszczyk, Deebo Samuel, ”, Brandon Aiyuk, George Kittle, Madden, Kyle, ” Kittle, San Francisco, Brock Purdy, ” Purdy, Dre, Charvarius Ward, Elijah Mitchell, Jon Feliciano, WR Deebo Samuel, Jauan Jennings Organizations: San Francisco 49ers, Carolina, Niners, 49ers, Panthers, Hall of Famers, Swiss Army, NFC, Charvarius Locations: SANTA CLARA, Calif, Carolina, San Francisco, can’t, Swiss, San

☆ Spirit Aero names board member Shanahan as interim CEO
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: 1 min

A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsOct 2 (Reuters) - Aerospace supplier Spirit AeroSystems (SPR.N) on Monday named board member Patrick Shanahan as its interim chief executive, effective immediately, succeeding under-pressure Thomas Gentile, who has resigned from the board. Shanahan, who has served on the company's board since November 2021, was previously an executive with Boeing Co (BA.N), Spirit's biggest customer. Spirit said its board will conduct a search to identify a new CEO, while Gentile will stay on as a consultant for three months. Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

Persons: Benoit Tessier, Patrick Shanahan, Thomas Gentile, Shanahan, Spirit, Gentile, Abhijith, Shailesh Organizations: Boeing, International Paris Air, Le, REUTERS, Aerospace, Spirit, Boeing Co, Thomson Locations: Le Bourget, Paris, France, Bengaluru

A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023. Shanahan, who has served on the company's board since November 2021, will become interim CEO effective immediately, Spirit announced Monday. Spirit said its board will conduct a search to identify a new CEO, while Gentile will stay on as a consultant for three months. Gentile was named Spirit's CEO in August 2016, months after he joined the company as its chief operating officer. Over a 31-year career at Boeing, Shanahan was known as "Mr. Fix-It" for his ability to turn around poorly-performing programs.

Persons: Benoit Tessier, Patrick Shanahan, Tom Gentile, Shanahan, Spirit, Gentile, Richard Aboulafia, Aboulafia, Jim Mattis, Alex Krutz, Abhijith, Valerie Insinna, Shailesh Kuber, Sharon Singleton Organizations: Boeing, International Paris Air, Le, REUTERS, Pentagon, Spirit, Airbus, Patriot Industrial Partners, Aerospace Industries, Thomson Locations: Le Bourget, Paris, France, Kansas, Wichita , Kansas, Bengaluru, Washington

☆ Berkshire Hathaway gets a rare downgrade after conglomerate shares hit a record high
▼ + stars: | 2023-09-29 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett 's Berkshire Hathaway has been on fire this year with shares roaring back to a record on strong earnings, and this outperformance caused one analyst to urge caution about a slowdown in the stock. James Shanahan at Edward Jones downgraded Berkshire shares to a hold rating from buy Thursday evening and removed B shares from the firm's U.S. stock focus list. "BRK shares have significantly outperformed financial services peers over the past six months, supported by a relatively strong earnings outlook," Shanahan said in a note. BRK.A YTD mountain Berkshire Hathaway Berkshire's operating earnings jumped 6.6% year over year in the second quarter, while it also posted big gains from its stock portfolio and Treasury holdings. Meanwhile, trading activity in Class A shares is relatively muted given its high price tag.

Persons: Warren Buffett, Berkshire Hathaway, James Shanahan, Edward Jones, Shanahan, —, Berkshire doesn't Organizations: Berkshire, Berkshire Hathaway Locations: U.S, Omaha, Berkshire

SANTA CLARA, Calif. (AP) — The San Francisco 49ers gave coach Kyle Shanahan and general manager John Lynch multi-year contract extensions on Friday. San Francisco is 55-46 in six-plus seasons under Shanahan and Lynch with six playoff wins. San Francisco passed up an opportunity to draft Patrick Mahomes in 2017 and then traded three first-round picks to draft quarterback Trey Lance third overall in 2021. That move didn't prove to be a major setback because San Francisco found starting quarterback Brock Purdy with the final pick of the 2022 draft. Purdy is back healthy this season playing at a highly efficient level as San Francisco has scored 30 points in each game.

Persons: Kyle Shanahan, John Lynch, Lynch, George Kittle, Fred Warner, Nick Bosa, Deebo Samuel, Brandon Aiyuk, Trent Williams, Christian McCaffrey, Patrick Mahomes, Trey Lance, Lance, San Francisco, Brock Purdy, Purdy, Francisco, ___ Organizations: San Francisco 49ers, 49ers, Niners, Super, Kansas City, NFC, New York Giants, Shanahan, Pro, Philadelphia Locations: SANTA CLARA, Calif, San Francisco, Francisco, Washington, Carolina, Dallas

REUTERS/Chris Wattie/File Photo Acquire Licensing RightsTORONTO, Sept 17 (Reuters) - Bank of Montreal (BMO) (BMO.TO) is winding down its indirect retail auto finance business and shifting focus to other areas in a move that will result in an unspecified number of job losses, Canada's third-largest bank said. The bank, which announced the move on Saturday, has conducted this business in Canada and the United States. Under the indirect retail auto finance business, the bank works with car dealerships to arrange financing for buyers, who make monthly payments to the lender. "By winding down the indirect retail auto finance business, we have the ability to focus our resources on areas where we believe our competitive positioning is strongest," BMO said in a statement to Reuters. The remaining loans in this portfolio are primarily auto loans, but also include other loans, including loans for boats, recreational vehicles and motorcycles, Edward Jones analyst James Shanahan said.

Persons: Chris Wattie, Paul Hunsley, Edward Jones, James Shanahan, Nivedita Balu, Denny Thomas, Jane Merriman, Susan Fenton, Will Dunham, Diane Craft Organizations: of Montreal, BMO, REUTERS, Rights, Bank of Montreal, Reuters, The, Bank, Thomson Locations: Ottawa , Ontario, Canada, United States, California, Toronto

☆ Google cofounder Sergey Brin quietly divorced his wife this year after allegations that she had an affair with Elon Musk
▼ + stars: | 2023-09-15 | by ( Lloyd Lee | Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Sergey Brin filed for a divorce from his second wife, Nicole Shanahan, in January 2022. Affair allegations about Shanahan and Elon Musk sparked the split, The Wall Street Journal reported. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The two met at a yoga retreat in 2015, The Wall Street Journal reported last year. AdvertisementAdvertisementUnder the terms of their divorce, Shanahan and Brin are set to split legal and physical custody of their daughter, now 4.

Persons: Sergey Brin, Nicole Shanahan, Shanahan, Elon Musk, Brin's, Brin, Musk, Tesla, Larry Page, Sergey, Nicole, she'd, Anne Wojcicki Organizations: Street Journal, Service, Street, Echo Foundation, Twitter Locations: Wall, Silicon

NEW YORK (AP) — A comprehensive new biography of the Rev. Martin Luther King Jr, a memoir on family by the prize-winning novelist Viet Thanh Nguyen and an exploration of the crack epidemic of the 1980s and 1990s are among 10 books on the nonfiction longlist of the National Book Awards. The National Book Foundation, which presents the awards, also released its poetry longlist Thursday, a day after announcing 10 nominees each in the categories of young people's literature and books in translation. Judges will next month reduce each list to five finalists, with the winners to be announced during a Manhattan dinner ceremony on Nov. 15. Political Cartoons View All 1160 ImagesOthers on the poetry longlist are John Lee Clark's “How to Communicate,” Oliver de la Paz's “The Diaspora Sonnets,” Annelyse Gelman's “Vexations,” José Olivarez's “Promises of Gold,” Brandon Som's “Tripas,” Charif Shanahan's “Trace Evidence” and Evie Shockley's “suddenly we.”

Persons: Martin Luther King Jr, Viet Thanh Nguyen, Jonathan Eig's “, Nguyen's, ” Donovan X, Ned Blackhawk's “, Prudence Peiffer's, Cristina Rivera Garza's “ Liliana’s, ” Christina Sharpe's, ”, Shehadeh's, ” John Vaillant's, Williams, Monica Youn, Paisley Rekdal, Craig Santos Perez, John Lee Clark's, ” Oliver de la, ” Brandon Som's “, Evie Shockley's “ Organizations: Book Foundation, Native Peoples, New York, Justice, “ Locations: Manhattan, America, ” Utah

☆ Google cofounder apparently tried to dodge the famous selfie Elon Musk took after the Tesla CEO denied having a one-night stand with his wife
▼ + stars: | 2023-09-14 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +3 min

WSJ published a story last year that cited sources alleging Elon Musk slept with Sergey Brin's wife. Musk denied the affair, saying the two remained friends and shared a selfie of the two at a party. The new Elon Musk biography reveals that Musk forced the selfie, which Brin tried to dodge. Both Musk and Shanahan denied any affair took place. AdvertisementAdvertisement"Right after the story broke, they were at a party together, and Musk maneuvered himself into a position where he could take a selfie with Brin, which Brin tried to avoid," Isaacson states.

Persons: Elon Musk, Sergey Brin's, Musk, Elon, Brin, Sergey Brin, Brin's, Walter Isaacson, Nicole Shanahan, Shanahan, — Brin, —, Musk's, Isaacson Organizations: Service, Elon, New York, York Locations: Wall, Silicon

SANTA CLARA, Calif. (AP) — Nick Bosa's lengthy contract holdout ended four days before the start of the season for the San Francisco 49ers when he agreed to a contract extension that will make him the NFL's richest defensive player ever. Coach Kyle Shanahan said Wednesday that the two sides agreed to the contract and that Bosa is on his way to the team facility. Now Shanahan is glad he can stop thinking about what it would be like for the Niners to open their season without their best defensive player. The Defensive Player of the Year. ESPN first reported the extension and said it was worth $170 million over five seasons with $122.5 million guaranteed.

Persons: Nick Bosa's, Kyle Shanahan, Shanahan, “, it’s, ” Shanahan, Bosa, Nick, Fred Warner, I’d, Trent Williams, “ It’s, George Kittle, Deebo Samuel, Aaron Donald, Joey, ” Bosa, Warner, Williams, QB Brock Purdy, WR Deebo Samuel, Arik Armstead, Ray, Ray McCloud, Jake Moody, LB Oren Burks, Tashaun, Talanoa, RB Jordan Mason, Jon Feliciano, ___ Organizations: San Francisco 49ers, Niners, Pittsburgh, 49ers, Warner, ESPN, Rams, Chargers, AP, NFL, San Francisco, RB Locations: SANTA CLARA, Calif, It’s, takeaways

The July indictment accused Mr. Trump, Mr. De Oliveira and Mr. Nauta of trying to delete Mar-a-Lago security footage. The government had requested a trial date in December, while Mr. Trump’s lawyers asked for an indefinite postponement. Once he was sworn in as president, Mr. Trump reimbursed Mr. Cohen. Rather than publish her account, the tabloid suppressed it in cooperation with Mr. Trump and Mr. Cohen, prosecutors say. Ms. Maddock, who has close ties to Mr. Trump and is married to Matt Maddock, a state representative, accused Ms. Nessel of “a personal vendetta.”“This is part of a national coordinated” effort to stop Mr. Trump, she added.

Persons: Donald J, Trump, Trump’s, Jack Smith, Fani, Willis, Mr, Alvin L, Bragg, Rudolph W, Giuliani, Mark Meadows, —, “, ” Mr, Brad Raffensperger, Joseph R, Biden, Emily Kohrs, “ You’re, ”, Ms, Smith’s, Smith, Prosecutors, Mike Pence, Walt Nauta, Carlos De Oliveira, De Oliveira, Nauta, ’, Stormy Daniels, Michael D, Cohen, Daniels, Karen McDougal, McDougal, Bragg’s, Juan M, Merchan, “ Trump, Merchan’s, Cyrus R, Vance Jr, Daniels’s, Hope Hicks, Kellyanne Conway, Allen H, Weisselberg, Mimi E, Rocah, Letitia James, James, Donald Jr, Eric, Ivanka Trump, Michigan’s “, Dana Nessel, Meshawn Maddock, Maddock, Matt Maddock, Nessel, Wright Blake, Mayra Rodriguez, Kris Mayes, Richie Taylor, Maggie Haberman, Glenn Thrush, Jonah E, Rebecca Davis O’Brien, Michael Gold, Michael Rothfeld, Ed Shanahan, Richard Fausset, Ashley Wong Organizations: Mr, Democrat, New, New York City, White House, Department, Georgia Republican Party, Trump, The New York Times, Capitol, Federal, Court, Congress, Justice Department, Mar, Manhattan, National Enquirer, Trump Tower, U.S, National, Trump Organization, Trump National Golf Club Westchester, New York, Civil, Michigan, Michigan Republican Party Locations: Manhattan, Georgia, Fulton County, Lago, New York, United States, Washington, Palm Beach, Fla, Mar, Lower Manhattan, Westchester County, Michigan, Arizona, Bromwich

Lailing Yu, who lives a block from the crime scene, said she had been horrified when she received a video on her phone of two officers clutching the bloodied children. “I was shocked,” Ms. Yu said, as she stood with others who had gathered outside the five-story brick building where Ms. Zhao, her children and Mr. Ye lived. Arriving at the apartment early in the afternoon, the man found Ms. Zhao and her children lying in pools of blood in the kitchen area and called 911, Ms. Chu said. Mr. Ye’s son was taken to a police precinct, where he remained with his mother, Ms. Chu said. Ms. Zhao’s husband had been sent to Ohio for work and had been trying desperately to return to New York all afternoon, Ms. Chu said.

Persons: Lailing Yu, “, ” Ms, Yu, Zhao, Ye, Chu, Ye’s, Zhao’s Locations: Ohio, New York

An Erie County, N.Y., judge on Wednesday set aside the convictions of two men who, despite their protests of innocence, were found guilty in the grisly 1993 murder of a young mother outside Buffalo. Justice Wojtaszek ordered that the two men, Brian Scott Lorenz and James Pugh, be granted new trials in the slaying of the young mother, Deborah Meindl, who was killed in her home in Tonawanda, N.Y. The judge rejected the men’s assertions of innocence. But he ruled that new trials were warranted because of new evidence, and because the original prosecutors had violated rules governing the sharing of evidence. The Erie County District Attorney’s Office said it would be appealing the judge’s decision.

Persons: Justice Paul B, Richard Matt, New York jailbreak, Justice Wojtaszek, Brian Scott Lorenz, James Pugh, Deborah Meindl Organizations: Court, Attorney’s Locations: Erie County, N.Y, Buffalo, New York, Tonawanda

On the second day of his trip to Israel, Mayor Eric Adams of New York City will seek to strike a political balance by meeting with Benjamin Netanyahu, the prime minister, and with leaders of the country’s pro-democracy protest movement. On Tuesday morning, Mr. Adams met with protest leaders, although his office did not specify which leaders or where the meeting was being held, and reporters were barred from attending. Later, at around 5 p.m. local time, Mr. Adams planned to meet with Mr. Netanyahu — part of a routine itinerary for New York mayors who have long visited Israel to show solidarity with Jewish voters in the city. But the political implications of such a meeting may be more fraught than usual, following the move by Mr. Netanyahu and his far-right government to limit the powers of Israel’s judiciary. The rollback, part of a broader fight over the country’s future, has prompted widespread protests among those who fear that Israel is abandoning its democratic traditions.

Persons: Eric Adams, Benjamin Netanyahu, Adams, Netanyahu Organizations: New, Mr, New York, Jewish Locations: Israel, New York City, New

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