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☆ NY uses obscure civil-practice law to demand a closer look at Trump's $175M appeal bond — and at its underwriter, Knight Specialty
▼ + stars: | 2024-04-04 | by ( Laura Italiano | ) www.businessinsider.com time to read: +3 min

The LA company that underwrote Trump's $175M appeal bond needs major vetting, NY says. Judge Arthur Engoron, who presided over Trump's civil fraud trial, gets final say over the bond. AdvertisementThe New York Attorney General's Office wants a closer look at Donald Trump's $175 million appeal bond. In a two-page court filing Thursday, state officials are giving Trump or his underwriters — the Knight Specialty Insurance Company — ten days to "justify," or prove the sufficiency of, the bond. Justifying was not necessary, for example, when Trump used insurance giant Chubb to post a $92 million bond last month for his E. Jean Carroll defamation appeal.

Persons: Arthur Engoron, —, General's, Donald Trump's, Letitia James, Knight, Don Hankey, Forbes, Trump, Chubb, Jean Carroll Organizations: Service, New York, Trump, Knight Specialty Insurance, New York's Department of Financial Services, GOP, Trump Organization, Associated Press, Knight Locations: Los Angeles, New York, New, Angeles, Manhattan

☆ Forget Recession, New York City Is Entering a Wild New Gilded Age
▼ + stars: | 2024-04-04 | by ( Linette Lopez | ) www.businessinsider.com time to read: +16 min

In a country roiled by recession worries, those at the top of New York City — for better or worse — couldn't give a single gilded shit. For New York City, a brush with death called for a time of decadence. "New York City's restaurants and bars are experiencing an uneven pandemic recovery nearly four years after COVID-19 struck our city," Andrew Rigie, the executive director of the New York City Hospitality Alliance, said. AdvertisementIf a pandemic can't defeat New York City, a little inflation certainly isn't going to do it. And what that looks like is the affluent in New York City eating caviar, and poorer Americans eating cereal.

Persons: Steve Jobs, it's, Jennifer Saesue, Saesue, Fish Cheeks, Z, bistros, James Murphy, us Carbone, Casas — Cruz, Cipriani, Jean, Georges Vongerichten, Bongo, Andrew Rigie, Corey Mintz, we're, WK Kellogg, Gary Pilnick, Gary Pilnick's Organizations: Grand Prospect Hall, New, New York City, Apple, Mastercard, Chefs, Casas, Soho House, Bangkok Supper, Village, IBA, Hospitality Alliance, Nationwide, National Restaurant Association, Nasdaq, The University of Michigan Consumer, UBS, New York Locations: New York City, New York, Rome, Xinjiang, New, Manhattan, Coqodaq, Las Vegas, York, Bangkok, Hell, TouchBistro, Brooklyn, The Bronx

☆ The market is near all-time highs. That doesn't mean it can't go much higher
▼ + stars: | 2024-03-27 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Looking at the recent performance of the market and several stocks in our portfolio, one thing is clear: This is a market that wants to go higher. We would much rather see stocks up on strong earnings instead of rising on lower rates that are only lower because the operating environment is deteriorating. But it's important to understand, at a high level, what kind of market we are still in — a bull market seeking new heights. We are fielding a lot of questions about how one should approach a market near all-time highs. Now, that doesn't mean stocks are on a one-way march higher and a pullback is impossible.

Persons: Jerome Powell, we've, We're, We'll, it's, –, Morgan Stanley, Coterra, Jim Cramer's, Jim Cramer, Jim, Erik McGregor Organizations: Federal Reserve, Fed, Linde, DuPont, Coterra Energy, Jim Cramer's Charitable, CNBC, Financial, LightRocket, Getty Locations: —, U.S, Russia, Ukraine, China, Taiwan, New

☆ Exclusive: Glen Tullman's startup Transcarent is raising $125 million in new funding at a $2.1 billion valuation
▼ + stars: | 2024-03-25 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +3 min

Read previewLivongo veteran Glen Tullman's latest venture, healthcare startup Trascarent, is raising a Series D round, Business Insider has learned. The sources said the round values Transcarent at about $2.1 billion. Related storiesIt's been a difficult fundraising environment for growth-stage healthcare startups — and that's reflected in Transcarent's latest fundraising push. Transcarent has raised $298 million to date, last grabbing $200 million in a January 2022 Series C round that boosted its valuation to $1.6 billion. Transcarent also acquired 98point6's virtual care platform in March 2023 to offer on-demand telehealth care.

Persons: —, Glen Tullman's, General Catalyst, Leslie Krigstein, Transcarent, Tullman, Teladoc, 98point6 Organizations: Service, General, Business, Catalyst, Human, Ally, Group, Alta Partners, Merck Global Health Innovation Fund, Jove Equity, Ventures, GreatPoint Ventures, Intermountain Healthcare, Rush University Medical, Soda Health Locations: Transcarent

☆ Trump's lawyers dance for him when he's in the courtroom. At a criminal trial, that could torpedo his chances of winning.
▼ + stars: | 2024-03-24 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +15 min

And at a criminal trial, causing a ruckus can bring its own consequences. In a criminal trial, Trump, along with his eager-to-please lawyers, must attend every day. he quipped in response to an argument from one of Trump's lawyers. Technically, Trump faces a maximum of four years in prison for each count he's charged with in his criminal case. The criminal trial will give Trump a chance to hold multiple campaign-boosting rallies before the hallway cameras each day.

Persons: —, Donald Trump, they're, Trump, he's, Jean Carroll, Juan Merchan, Carroll, Roberta Kaplan, Carroll's, Arthur Engoron, shrewdly, TIMOTHY A, CLARY, Stormy Daniels, Melania Trump, Kaplan, Eliza Orlins, Orlins, there's, Susan Necheles, Steven Hirsch, Maggie Haberman's, huff, Lewis Kaplan, Alina Habba, Randy Zelin, they've, Engoron, Letitia James of, York —, Kaplan quizzed, Merchan, He's, Donald Trump's, Seth Wenig Merchan, Prosecutors, Zelin, OJ, I'm Organizations: Service, Secret Service, Business, Trump, New York, sophistry, Attorneys, Getty, Manhattan Criminal, Trump Organization, New York Times, Truth, New, AP, Merchan Locations: Manhattan, New York, New York City, Brooklyn, York, America, U.S, Trump

Palm Sunday commemorates the Christian belief in the triumphal entry of Jesus into Jerusalem, when he was greeted by cheering crowds waving palm branches that they set out on the ground along his path, according to the Bible. The procession of Jesus into Jerusalem is described by the four Gospel writers in the Bible. Some ceremonies in German-speaking countries used to include a figure of Jesus riding a donkey, Encyclopedia Britannica says. The figure is called a “ Palmesel,” or German for “palm donkey,” according to New York's Metropolitan Museum of Art, which on its site recounts how worshippers would lay palms on the ground before the Palmesel during lively processions. Christian pilgrims in the Holy Land mark Palm Sunday by holding Masses and processions retracing Jesus’ triumphal entry.

Persons: Jesus, Joanne M, Pierce, Zechariah, Christ, ” Pierce, John, Matthew, Hosanna, David ! Blessed, ”, It's, They're, Ash Organizations: College of, Britannica, New York's Metropolitan Museum of Art, Lilly Endowment Inc, AP Locations: Jerusalem, Israel, New, Old City

☆ Going once, going twice: How Trump's cash and properties would be garnished and auctioned to pay his NY fraud debt
▼ + stars: | 2024-03-23 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

AG Letitia James plans to go after Trump's cash and property if he doesn't pay his civil fraud debt. Is the ball in Letitia James' court? "The burden is on Letitia James to find Trump's assets" and decide what she wants garnished or auctioned, he said. D'Orazio predicts James would first target the cash that Trump and the Trump Organization keep in New York-registered bank accounts. He would then remit $95 million to the Attorney General's Office, and that would go toward paying Trump's judgment.

Persons: Letitia James, —, padlocks, Donald Trump's, Trump, James, Bernard D'Orazio, D'Orazio, — James, Mark, we're, doesn't, It's, she'll, Arthur Engoron, Jeff Greenberg, — Trump Organizations: Service, Trump, Trump Plaza, New, Social, Trump —, GOP, AP, Trump Organization, Radio City Music Hall, Forbes, New York, Fire Locations: New York, New York City, Manhattan, New, Westchester County, Trump, Americas

☆ How NY's Judge Engoron is tightening the leash on Trump ahead of looming Truth Social merger and fraud judgement deadline
▼ + stars: | 2024-03-21 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

There are currently 415 entities — including the LLCs holding his physical properties — under the Trump Org umbrella. Trust Revocable Trust, which holds all of Trump Org's assets and for which Trump is the sole beneficiary. The judge also ordered on Thursday that Trump foot the bill for the additional staff needed for this extra monitoring. More penaltiesViolations of Thursday's order could result in the judge ordering more penalties against Trump Org, the judge warned. Trump and his three codefendants — Donald Trump, Jr., Eric Trump, and former Trump Org CFO Allen Weisselberg — owe a combined fraud-trial penalty of $467 million as of Thursday, according to a penalty calculator maintained by the Associated Press.

Persons: —, Donald Trump's, Trump's, Barbara Jones —, who's, Arthur Engoron, Trump, Engoron, Donald J, Jones, Letitia James, — Donald Trump , Jr, Eric Trump, Allen Weisselberg —, he's Organizations: Service, Wall Street, Business, Trump Organization, Trump Org, Trump, Trump's, Revocable Trust, New York, Associated Press, New, Bloomberg Locations: Trump's, New York, Westchester County, Manhattan, Seven Springs

☆ Trump is fundraising to keep NY AG's 'filthy hands' off Trump Tower — but using donor cash this way may be illegal
▼ + stars: | 2024-03-21 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +7 min

In the frenzied fundraising message blasted out to MAGA voters on Wednesday, Trump's campaign called on one million "Pro-Trump patriots to chip in and say, STOP THE WITCH HUNT AGAINST PRESIDENT TRUMP!" AdvertisementIt called for supporters to donate to the Trump Save America Joint Fundraising Committee, Trump's main campaign PAC. But it suggested the money would somehow back his battle cry of "KEEP YOUR FILTHY HANDS OFF OF TRUMP TOWER!" Kathy Willens/Associated PressRepresentatives for Trump's campaign did not immediately respond to a request for comment by BI on Thursday. Trump once again railed against his massive civil fraud judgment in a post Thursday to his social media platform, Truth Social, and insisted he did "nothing wrong."

Persons: —, Donald Trump's, there's, Robert Maguire, Trump, Maguire, MAGA, HUNT, PRESIDENT TRUMP, Letitia James —, James, Joe Biden, Letitia James, Kathy Willens, CREW's Maguire, hasn't, Daniels, Michael Cohen, Donald Trump, Sue Ogrocki Trump, Trump's, Arthur Engoron Organizations: Service, Business, Citizens, Republicans, Federal, Commission, Trump, New York, Bloomberg, Trump Save America, York, Associated Press, BI, FEC, AP Locations: York, Washington, Manhattan, Westchester County, Tulsa, Okla, New York

☆ How real estate's pain could be Wall Street's gain as Blackstone, Goldman, and others dive back in.
▼ + stars: | 2024-03-19 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +12 min

That's not to say predictions of a commercial real estate rebound are a sure bet. Here are four signs that support Gray's prediction that the commercial real estate market may be bottoming. (New York Community Bank had previously purchased $2.7 billion in Signature's loans and deposits, but not the real estate loans.) According to David Seifert, partner at private equity real estate firm Velocis, there are some sweet deals to be had in secondary sales of private-equity funds tied to real estate. The road aheadWhere Gray sees signs of bottoming, others think commercial real estate has much further to fall.

Persons: Warren Buffett, Buffett, Paul Getty, Getty, Steve Mnuchin —, Blackstone, Mnuchin, Donald Trump's, George Soros, John Paulson, It's, Jonathan Gray, Jim Garman, That's, Barry Sternlicht, Gray, Tracy Chen, Chen, BGO, secondaries There's, Ares, Brian King, King, David Seifert, Seifert, Velocis, Goldman Sachs, Dan McNamara, McNamara, Scott Rechler, wallop, Janet Yellen, Rechler, there's Organizations: Business, Goldman, Reuters, Starwood, Brandywine Global, Federal Reserve, . Bank, New York Community Bank, FDIC, Signature Bank, Community Bank, Fund Management, Community Preservation, New, Commercial Observer, Blackstone, Homes, Digital Realty, Polpo, RXR Locations: Blackstone, , New York, New York, BREIT, Real, Velocis

☆ Behind Trump's campaign cash crunch: Small-dollar donor fatigue, major donor hesitation
▼ + stars: | 2024-03-18 | by ( Brian Schwartz | ) www.cnbc.com time to read: +12 min

The drop in Trump's small-dollar contributors could be significant obstacle as the former president faces the well-funded incumbent president, Democrat Joe Biden. Falling behind BidenEvidence from earlier in the 2024 election cycle already hinted at an erosion of Trump's small-dollar donor base, or support of $200 or less. In January of this year, Trump's campaign reported raising around $3 million from small-dollar donors, according to data from OpenSecrets. Elizabeth Frantz | ReutersMeanwhile, Trump's campaign told The New York Times that February was its strongest month so far in the 2024 campaign cycle for small-dollar donations. Between Jan. 1 and Dec. 31, 2020, Trump's campaign raised over $264 million from small-dollar supporters.

Persons: Donald Trump, Marco Bello, Reuters Donald Trump's, Joe Biden, Biden, Trump's, Elizabeth Frantz, Trump, Shannon Stapleton, John Paulson, Howard Lutnick, Letitia James, Steve Schwarzman, Miriam Adelson, Denise Truscello, Stephen Louro, Long, Louro, Greg Abbott, Elise Stefanik, Haley, Nikki Haley, MAGA, Adrienne Arsht, Mike Segar, Paul Singer, Singer, Paul Singer David A, Singer's, Lara Trump, Jonathan Drake Organizations: Reuters, White, Republican Party, Federal, Commission, U.S, Capitol, Washington , D.C, New York Times, CNBC, Trump, Republican National Committee, RNC, New York, Court, Trump Organization, AFP, Getty, PAC, Democrats, Blackstone, Cleveland Clinic Lou, Brain Health, MGM, Garden, Hamptons, Republican, New York Republican, Republican Texas Gov, South Carolina Gov, Former South Carolina, NBC News, Adrienne, Adrienne Arsht Center, Performing Arts, Republicans, Haley, Grogan, American Opportunity Alliance, Politico, North, North Carolina GOP Locations: Lago, Palm Beach , Florida, U.S, Washington ,, New York City, Las Vegas , Nevada, York, Former, Miami , Florida, Houston, New York, North Carolina, Greenville , North Carolina

Harrison doesn’t have an overall diagnosis beyond being a French bulldog — an increasingly popular breed prone to health problems. While most patients pay out of pocket, AMC offers multiple initiatives to cover charity care, especially for rescue animals and working dogs. The price of veterinary services have increased in recent years because of inflation, but also because of advances in care. The same day Harrison visited the surgical suite, Lynx was brought in by a rescue group. “We get to take extraordinary care of rescue animals,” Spector said.

Persons: —, Harrison, ”, Daniel Spector, Harrison doesn’t, Grace Kim, Kiki, “, ” Spector, Spector, Jennie Anne Simson, Simson, we’ve, Helen Irving, Elaine, Kenneth Langone, Elaine Langone, they've, Emily McCobb, Kelly Hall, ” Irving, Kim Organizations: Animal Medical, AMC, Avian, Shepherd Fund, Buddy, Veterinary, Home Depot, Bucknell University, Cummings School of Veterinary Medicine, Tufts University, Colorado State University, Associated, Lilly Endowment Inc, AP Locations: New York City, French, Manhattan, Manhattan’s, anesthesiologists, Brooklyn, New York

☆ TikTok is circling the wagons ahead of a potential ban
▼ + stars: | 2024-03-13 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +2 min

This story is available exclusively to Business Insider subscribers. The company plans to exhaust all legal avenues before considering being split from Chinese company ByteDance, Bloomberg reported, citing people familiar with the matter. AdvertisementIf TikTok loses its legal battle, ByteDance, its parent company, must divest the social media platform. This could also prove challenging, as the Chinese government has said it opposes a forced sale of TikTok. TikTok did not immediately respond to a request for comment from Business Insider.

Persons: —, Joe Biden, Shou Chew, Sarah Kreps, Shu Jueting, TikTok Organizations: Service, Senate, Business, Punchbowl News, Bloomberg, Wall Street, Tech, Institute, New York's Cornell University, CNN Locations: United States

One of their friends in Missouri had mailed them meat sticks made by Kevin Western, a Greentop local who made the snacks for fun and sold them around town. In December 2012, Maldonado and Ali started selling Chomps' first product — the original beef jerky stick — on its website. Trader Joe's placed an initial order for a million meat sticks to stock in over 400 stores. Chomps started selling meat sticks in Trader Joe's, its first national retailer, in July 2016. Building a jerky empireOnce Chomps started selling its sticks in Trader Joe's, other stores quickly followed, including Whole Foods, Target and Walmart.

Persons: Pete Maldonado, Maldonado, Rashid Ali, Slim Jims, Maldonado craved, Ali, Chomps, Here's, — Maldonado, Kevin Western, Gene Woo Kim Maldonado, you'll, —, Joe's, Rashid, Clint Boland Organizations: Facebook, taco, Whole Foods, Target, Walmart, CNBC Locations: Chicago, Long, Greentop , Missouri, Missouri, Greentop, Naples , Florida, U.S, Joe's, Naples

☆ New York AG questions Trump cash reserves as $464 million judgment looms
▼ + stars: | 2024-03-12 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Former President Donald Trump has not shown that he has enough cash to cover the full amount of a $464 million civil fraud judgment if he loses his appeal, New York's chief law officer warned in a court filing Monday evening. "Defendants have never demonstrated that Mr. Trump's liquid assets—which may fluctuate over time—will be enough to satisfy the full amount of this judgment following appeal," James told a New York appeals court. Without a full bond, the civil fraud defendants — Trump, his two adult sons, his company and its top executives — might also try to "evade" or exacerbate enforcement of the judgment if they lose the appeal, James warned. She urged the appeals court to reject Trump's bid to stay the judgment with a $100 million bond, less than a quarter of the total amount awarded by Manhattan Supreme Court Judge Arthur Engoron. Attorneys for Trump did not immediately respond to CNBC's request for comment on James' filing.

Persons: Donald Trump, Letitia James, Trump, James, E, Jean Carroll, — Trump, —, Arthur Engoron Organizations: U.S, Trump Organization, New York, Manhattan, Trump Locations: Manhattan, New York City, U.S, York

☆ Ghislaine Maxwell's lawyers to argue for Jeffrey Epstein associate to be freed from prison in long-awaited appeal hearing
▼ + stars: | 2024-03-12 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

Ghislaine Maxwell's lawyers are arguing for her release in a federal appeals court. The appeal focuses on a non-prosecution agreement between Jeffrey Epstein and federal prosecutors. A jury in Manhattan federal court found Maxwell guilty on sex-trafficking charges in December 2021, four days after her 60th birthday that Christmas. Alison Nathan, the judge who oversaw Maxwell's trial, sentenced her to 20 years in prison and issued a $750,000 fine. AdvertisementManhattan federal prosecutors have argued they were free from any restrictions set by the deal between Florida's federal prosecutors and Epstein.

Persons: Ghislaine, Jeffrey Epstein, Maxwell, —, Ghislaine Maxwell —, Epstein, Alison Nathan, Nathan, Maxwell weaponized, Epstein —, isn't, Jeffrey Epstein's, Harvey, Rudy Giuliani, John M, Leventhal, Diana Fabi Samson, Maurene Comey, missteps, Scott David, Ghislaine Maxwell, Laura Menninger, Jane, Jane Rosenberg, Joe Biden, Cuban, Virginia Giuffre, JP Morgan Chase, Carolyn Andriano Organizations: Service, disbarment, Justice Department, US Department of Justice, Reuters, US, Appeals, ricochet, Deutsche Bank, US Virgin Islands, Prosecutors Locations: Manhattan, Tallahassee , Florida, New York, Florida, United States, Washington, US Virgin

☆ Coastal land is sinking, doubling the potential damage from rising seas — here's why
▼ + stars: | 2024-03-12 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

A new study shows that coastal communities may be more at risk from sea-level rise than previously thought. The sea level is rising as the earth heats and glaciers melt. They then built the first high-resolution maps of this, showing east coast land sinking anywhere from two millimeters to five millimeters per year—affecting more than 2 million people and 800,000 properties. In Baltimore, Maryland, so-called nuisance flooding is becoming more and more prevalent, due to sea-level rise and sinking land. Coastal Baltimore is sinking by more than two millimeters per year, according to the study.

Persons: Manoochehr Shirzaei, Shirzaei, it's, Grace Hansen, Hansen Organizations: Virginia Tech, U.S . Geological Survey, Geophysics, JFK, City Locations: U.S, United States, New, LaGuardia, Baltimore , Maryland, City of Baltimore, Baltimore

☆ The proposed TikTok ban has been deemed unconstitutional by some, but framing around national security could help advance it
▼ + stars: | 2024-03-12 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +7 min

Read previewThe widely-popular social media app TikTok is once again facing a possible ban in the United States over concerns about its links to China. "It is targeted to address the national security threat that we believe these apps, like TikTok, pose to the United States because of its ownership by a foreign adversary." "The First Amendment protects Americans' right to access social media platforms of their choosing," Krishnan said. Former President Donald Trump in Tulsa, Okla. AP Photo/Sue OgrockiTrump once supported a TikTok ban, but is now against itMeanwhile, Trump — whose administration tried to ban TikTok in the US — but was blocked from doing so in court after TikTok sued — has now come out against a ban for the app. "If you get rid of TikTok, Facebook and Zuckerschmuck will double their business," Trump argued on his social media platform, Truth Social, in a dig at Meta CEO and Facebook founder Mark Zuckerberg.

Persons: —, Donald Trump, Sarah Kreps, TikTok's, weaponize, Steve Scalise, Cathy McMorris Rodgers, McMorris Rodgers, Kreps, ByteDance, Krishnan, TikTok, Sue Ogrocki Trump, Trump, Zuckerschmuck, Mark Zuckerberg, Jenna Leventoff, Leventoff Organizations: Service, Business, Tech, Institute, New York's Cornell University, Foreign, ByteDance Ltd, Republican, GOP, House Energy, Commerce Committee, Fox Business, Columbia University, Columbia Law School, Chinese Communist Party, AP, Facebook, Meta, Commerce, American Civil Liberties Union, Center for Democracy and Technology Locations: United States, China, TikTok's Beijing, New York, Tulsa, Okla, TikTok

☆ Why Day Flight to Europe Is Better Transatlantic Option Over Red-Eye
▼ + stars: | 2024-03-11 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

I recently took a day flight from New York to London to see if it helps jet lag. However, until last week, I had exclusively taken overnight flights — known as red-eye flights — when flying eastbound across the Atlantic. They depart in the morning in the US and land in the evening on the same day in Europe. Curious about how the daytime flight compared to a red-eye, I specifically booked a morning departure for my recent trip from New York to London. Because I was up at 4 a.m. in New York to catch the morning flight, I figured I'd be tired enough to sleep.

Persons: —, I've, ., Taylor Rains, John F Organizations: Service, American Airlines, British Airways, Delta Air Lines, JetBlue Airways, Norse Atlantic Airways, United Airlines, Virgin Atlantic Airways, British Airways Boeing, New, Kennedy International Airport, London Heathrow, Google, JFK, Heathrow Locations: New York, London, New York City, Europe

☆ Trump may have defamed E. Jean Carroll again, one day after posting a $91.6 million bond for last case
▼ + stars: | 2024-03-10 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Republican presidential candidate and former President Donald Trump reacts to supporters as he arrives on stage during a Get Out the Vote Rally March 2, 2024 in Richmond, Virginia. Former President Donald Trump on Saturday stood by his 2019 statement that writer E. Jean Carroll made a "totally false accusation" against him, despite similar claims resulting in him losing a defamation case in January. On top of the $83.3 million in damages is a $5 million sexual abuse and defamation verdict that Carroll won against Trump last year. Trump also shared his concerns about Lewis Kaplan, the federal judge who denied his request to delay the defamation judgment, calling him a "Trump-deranged, angry man." Both Carroll's legal team and the Trump campaign did not immediately respond to CNBC's request for comment.

Persons: Donald Trump, E, Jean Carroll, Trump, Carroll, defaming, he'd, didn't, Lisa Rubin, Lewis Kaplan Organizations: Trump Locations: Richmond , Virginia, Rome , Georgia, New York

☆ Meet the heavy metal-drumming CEO bringing back cheap transatlantic travel, and learning from the mistakes of his airline's failed predecessors
▼ + stars: | 2024-03-10 | by ( Pete Syme | ) www.businessinsider.com time to read: +8 min

Birgir Jónsson is the CEO of Play, an Icelandic airline offering cheap transatlantic flights. Jónsson told BI how Play keeps costs low, and how important volcanoes are to Icelandic tourism. From 2014 to 2015, he was the deputy CEO of Wow Air, an Icelandic ultra-low-cost carrier that went bankrupt in 2019. AdvertisementHis foray into the sector began as CEO of Iceland Express, which was acquired by Wow. While other airlines had to avoid the country's airspace — lengthening journey times — Play got planes at discount prices.

Persons: —, Jónsson, Icelandair, it's, York's, New Orleans —, Etienne De Malglaive, Los Angeles —, They're Organizations: Jónsson, Service, Wow, Iceland Express, Icelandic Post, Southwest, Ryanair, York's Stewart, Airbus, North, British Airways Flight, Nasdaq, Russia Locations: Icelandic, Europe, New York, London, Reykjavík, Romanian, Manhattan, Iceland, New Orleans, Eyjafjallajökull, India, Los Angeles, California, Dubai, Russia

☆ Left-wing AOC was with her fiancé at a Brooklyn cinema when pro-Palestine supporters accosted her, demanding she say the word 'genocide'
▼ + stars: | 2024-03-09 | by ( Cameron Manley | ) www.businessinsider.com time to read: +6 min

Read previewRep. Alexandria Ocasio-Cortez had just left the Alamo Drafthouse Cinema in Brooklyn with her fiancé earlier this week when she was accosted by a group of Pro-Palestinian protesters. Just say the word. I need you to understand that this is not OK."She responded that she had said that it was a genocide. AdvertisementIn a virtual town hall around the same time, AOC responded to a constituent who said the US was "funding a genocide." A Jew and a liberal Zionist, Sanders was asked by Novara Media in February if he would call what is happening in Gaza a genocide.

Persons: —, Alexandria Ocasio, Cortez, Ocasio, Brad Schneider, Yitzhak Rabin, Israel, Jesus, Christ, King Herod, Sen, Bernie Sanders, Sanders, Barack Obama, Court's Dobbs, Trump, Brett Kavanaugh, Kavanaugh Organizations: Service, Alamo, Business, Ministry, Gaza, New, Global, Movement, Israel, International, NBC News, Novara Media, Twitter, Washington DC Locations: Alexandria, Brooklyn, Israel, Palestine, Ocasio, Gaza, Bethlehem, Washington

☆ A con artist told George Santos and Danny Masterson that he could get their criminal charges dropped for a price, prosecutors say
▼ + stars: | 2024-03-07 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

AdvertisementIn one video, Medina said: "If you're interested, I can get everything dropped, evidence that is on you removed, disappeared. AdvertisementAccording to prosecutors, Medina repeatedly asked Santos if he had the right number and was interested in the proposition. In August, prosecutors said Medina sent a video to Santos in which he said: "I'm really good at what I do. It references texts sent to an actor convicted of felonies in California in May 2023, which the New York Post identified as Danny Masterson. According to the affidavit, Medina asked Masterson for $1 million to get his case thrown out or a reduced sentence.

Persons: —, George Santos, Danny Masterson, Hector Medina, Michael Soto, Santos, Medina, Masterson, Masterson's, Bijou Phillips, Prosecutors, He's Organizations: Service, Business, New, Santos, New York Locations: New York's, Medina, California

☆ Independent Abortion Clinics Are Crucial but Endangered
▼ + stars: | 2024-03-03 | by ( Trisha Mukherjee | ) www.businessinsider.com time to read: +17 min

Eventually it grew, and Hachamovitch expanded and established abortion clinics across the country, from Long Island to Arizona to Texas. AdvertisementAdvocates say that independent clinics — in 2022, Bronx Abortion was one of two in a borough of about 1.4 million people — are essential to providing abortion care. But even in New York, a state that has committed to protecting and supporting abortion rights, independent clinics are at risk. According to the Abortion Care Network, "threats to these clinics are a threat to abortion access overall." But they agree on one thing: At any given moment, a small independent clinic like Bronx Abortion might be forced to shut down.

Persons: Chelsea, Roe, Wade, Allison Hess, Irene Sylvor, Moshe Hachamovitch, Sylvor, Aimee Anderson, Anderson, Destiney Kirby, Hachamovitch, Sarah McNeilly, Tiffany Quiles, Quiles, Elizabeth Estrada, scribbling, Irene, Desiree Caro, Sylvor's, Kirby, There's, Emily Women's, Emily, Theresa Chong, That's, Caro Organizations: Business, Bronx Abortion, New York, Bronx, BI, Albert Einstein College of Medicine, BI Clinic, BI Kirby, Hospital, National Latina Institute, Reproductive, Chelsea, Staff, Abortion Care Network, Clinics, Public Health Solutions, Abortion, Volunteers, Clinic, Emily Women's Health Locations: Morris Park, Chelsea, New York State, Bronx, Long Island, Arizona, Texas, Riverdale, Westchester, New York, South Bronx, New York City

☆ Airlines Avelo and Breeze, three years after their pandemic debut, prepare for a profitable year
▼ + stars: | 2024-03-02 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +6 min

The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from Hollywood Burbank Airport to Charles M. Schulz-Sonoma County Airport in Santa Rosa on April 28, 2021. "When you have Goliaths, and you're just David, it's really hard," said Avelo Airlines CEO Andrew Levy. David Neeleman, founder and CEO of Breeze Airways, before boarding the airline's inaugural flight at Tampa International Airport in Tampa, Florida, on May 27, 2021. A Breeze Airways airplane on the tarmac at Tampa International Airport in Tampa, Florida, on May 27, 2021. Operational costsOffering low airfares has made industry-wide cost increases all the more daunting for Avelo and Breeze.

Persons: Charles M, Schulz, Patrick T, Fallon, They've, David, it's, Andrew Levy, Avelo, Levy, David Neeleman, Matt May, Henry Harteveldt, Harteveldt, Connecticut's, Neeleman Organizations: Avelo Airlines Boeing, Hollywood Burbank Airport, Airport, AFP, Getty, U.S, Breeze Airways, Los Angeles International, Avelo, United, Breeze, Southwest Airlines, Tampa International Airport, Bloomberg, Atmosphere Research, New Haven Airport, Wilmington, JetBlue Airways, Azul, Westchester County Airport, Canton Airport, International Airport, Airlines Locations: Hollywood, Sonoma, Santa Rosa, Angeles, Islip, Long, New York City, Delta, Southwest, U.S, Ukraine, Tampa , Florida, Florida, South Carolina, California, Puerto Rico, New, Westchester, Akron, Ohio, Hartford , Connecticut, Charleston , South Carolina, Vegas, Los Angeles, Breeze

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