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☆ Man Guilty in Attack on Black Lives Matter Protest With Claw and Car
▼ + stars: | 2023-08-21 | by ( Ed Shanahan | More About Ed Shanahan | ) www.nytimes.com time to read: 1 min

A Queens man who menaced a peaceful group of Black Lives Matter protesters with a bladed glove and then drove his car at them faces a long prison term after being convicted on nine attempted murder counts and other charges, officials said on Monday. The man, Frank Cavalluzzi, was found guilty after a two-week jury trial, Melinda Katz, the Queens district attorney, said in a statement. He faces up to 25 years in prison on each of the attempted murder counts, officials said. “A dangerous man is going to jail,” Ms. Katz said. “It’s a good day for New York and the First Amendment.”

Persons: Frank Cavalluzzi, Melinda Katz, Cavalluzzi, ” Ms, Katz, “, ” Locations: Queens, Flushing, New York

The indictment said Mr. Trump and six unnamed co-conspirators had pushed state legislators and election officials to change electoral votes won by Mr. Biden to votes for Mr. Trump. The July indictment accused Mr. Trump, Mr. De Oliveira and Mr. Nauta of trying to delete Mar-a-Lago security footage. 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. The court papers also referred to a payment to a former Trump Tower doorman who claimed that Mr. Trump had fathered a child out of wedlock.

Persons: Donald J, Trump, Trump’s, Jack Smith, Alvin L, Bragg, Joseph R, Biden Jr, Biden, Prosecutors, Mike Pence, Mr, Smith, Walt Nauta, Smith’s, Carlos De Oliveira, De Oliveira, Nauta, ’, Stormy Daniels, Michael D, Cohen, Daniels, Karen McDougal, McDougal, Bragg’s, Juan M, Merchan, “ Trump, Merchan’s, Mimi E, Rocah, Letitia James, James, Donald Jr, Eric, Ivanka Trump, Maggie Haberman, Glenn Thrush, Jonah E, Rebecca Davis O’Brien, Michael Gold, Michael Rothfeld, Ed Shanahan, Richard Fausset, Ashley Wong Organizations: Mr, Capitol, Federal, Court, Congress, Justice Department, Mar, Manhattan, National Enquirer, Trump Tower, U.S, Trump Organization, Trump National Golf Club Westchester, New York, Civil, New, Trump Locations: Manhattan, Lago, United States, Palm Beach, Fla, Mar, New York, Westchester County, Bromwich

Mr. Trump was also charged with attempting to obstruct an official proceeding — the certification of the election results by Congress. The indictment said Mr. Trump and six unnamed co-conspirators had pushed state legislators and election officials to change electoral votes won by Mr. Biden to votes for Mr. Trump. The July indictment accused Mr. Trump, Mr. De Oliveira and Mr. Nauta of trying to delete Mar-a-Lago security footage. 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.

Mr. Trump was also charged with attempting to obstruct an official proceeding — the certification of the election results by Congress. The indictment said Mr. Trump and six unnamed co-conspirators had pushed state legislators and election officials to change electoral votes won by Mr. Biden to votes for Mr. Trump. The July indictment accused Mr. Trump, Mr. De Oliveira and Mr. Nauta of trying to delete Mar-a-Lago security footage. Rather than publish her account, the tabloid suppressed it in cooperation with Mr. Trump and Mr. Cohen, prosecutors say. Mr. Trump faced a second criminal investigation in New York related to financial dealings at a Trump Organization golf course in Westchester County.

☆ Berkshire Hathaway shares are still cheap even at these record levels, Wall Street analysts say
▼ + stars: | 2023-08-07 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Berkshire Hathaway shares just hit a record high on the back of strong second quarter results, but Wall Street analysts believe it's still not too late to buy Warren Buffett's conglomerate. Berkshire's Class A shares climbed as much as 3.2% Monday to hit a record high of $550,660. UBS analyst Brian Meredith said Berkshire shares still trade at an 11% discount to intrinsic value even after the earnings-triggered rally. BRK.A YTD mountain Berkshire Hathaway "We believe that the current share price represents an attractive entry point for long-term investors. KBW's Meyer Shields also raised his Berkshire target price following the holding company's earnings, lifting his objective to $565,000 from $545,000.

Persons: it's, Warren, Brian Meredith, Meredith, Edward Jones, James Shanahan, Berkshire Hathaway, Shanahan, KBW's Meyer Shields, — CNBC's Michael Bloom Organizations: Berkshire Hathaway, Investors, UBS, Berkshire, BNSF Railway Locations: Omaha, Dairy, Berkshire

☆ New York City Has ‘Tepid’ Plans for Fixing Rikers, Monitor Says
▼ + stars: | 2023-08-07 | by ( Ed Shanahan | More About Ed Shanahan | ) www.nytimes.com time to read: +1 min

If New York City officials feel any urgency about fixing the persistent problems at the Rikers Island jail complex, they are not showing it, according to a report filed on Monday by the federal official appointed to monitor the lockup. The monitor, Steve J. Martin, writes in the report that the city Correction Department’s most recent efforts toward improving conditions at the Rikers complex have been “haphazard, tepid and insubstantial.”In describing the dysfunction that has come to define the jails, Mr. Martin detailed two episodes that occurred at Rikers in the past several months. One involved a correction officer who stood by as a group of detainees assaulted a man in their unit. The other involved detainees who were pepper sprayed for no reason during an unofficial “hostage drill.”The report’s findings are striking given the increasing possibility that the city could be forced to relinquish at least some control over its jails, which have been troubled for decades and plunged into their latest crisis in March 2020 with the Covid-19 pandemic. A hearing on the future stewardship of the jails is scheduled for Wednesday.

Persons: Steve J, Martin Organizations: New York Locations: New York City, Rikers

☆ Warren Buffett's Berkshire Hathaway revealed that consumers are cutting back - and a recession could be the result
▼ + stars: | 2023-08-07 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

Rapid inflation and hikes to interest rates have fanned fears of an economic slowdown or recession. Berkshire Hathaway HomeServices - real estate brokerage revenues fell 22% and after-tax earnings fell 60%, as transaction volumes fell and revenues from mortgage services dropped. - real estate brokerage revenues fell 22% and after-tax earnings fell 60%, as transaction volumes fell and revenues from mortgage services dropped. However, the slowdown in Berkshire's consumer businesses may well signal a broader downturn in consumer spending across the US economy. The Federal Reserve responded by hiking interest rates from nearly zero to north of 5% today.

Persons: Warren, Berkshire Hathaway, Berkshire Hathaway HomeServices, James Shanahan, Edward Jones, They've, they've Organizations: Service, BNSF Railway, Berkshire, Manufacturing, Clayton Homes, Berkshire Hathaway Automotive, Federal Locations: Wall, Silicon, Berkshire, Here's, Forest, McLane

☆ Berkshire posts record operating profit, rising rates boost Buffett's returns
▼ + stars: | 2023-08-05 | by ( Jonathan Stempel | ) www.reuters.com time to read: +5 min

"The earnings impact of higher interest rates on investment income is offsetting the economic softness caused by those same rates," he added. Investors closely watch Berkshire because of Buffett's reputation, and because results from the Omaha, Nebraska-based company's operating units often mirror broader economic trends. NOT LOVING VALUATIONSQuarterly operating profit rose 7% to $10.04 billion, or about $6,938 per Class A share, from $9.42 billion a year earlier. Berkshire repurchased $1.4 billion of stock in the quarter, down from $4.4 billion from January to March. Overall profit from Berkshire Hathaway Energy, where Berkshire has a 92% stake, was little changed at $785 million.

Persons: Warren Buffett, Rick Wilking, Berkshire Hathaway, Jim Shanahan, Edward Jones, Buffett, Cathy Seifert, Seifert, PacifiCorp, Jonathan Stempel, Ira Iosebashvili, Angus MacSwan, Jan Harvey, Alistair Bell, Diane Craft Organizations: Berkshire Hathaway Inc, Omaha , Nebraska U.S, REUTERS, Berkshire, Berkshire's Clayton Homes, Profit, BNSF, Forbes, Berkshire repurchased, Apple, Berkshire Hathaway Energy, Occidental Petroleum, Thomson Locations: Omaha , Nebraska, Berkshire, Alleghany, Oregon, An Oregon, Occidental, New York

One of those in the crowd, Josh Ortiz, who lives in the Brownsville section of Brooklyn, said he was at the park to see the two YouTube personalities. “I just came out because I wanted to see them,” Mr. Ortiz, 18, said. “I think a lot of kids thought they could get a free PC or PlayStation and start making money, but I just wanted to see Kai. He’s the biggest Black creator in America right now.”He said things had initially been peaceful but that a few people had “started going crazy.”“It’s between bothersome and funny,” he said. “There was a big explosion just a second ago, but if you know, like I do, that it’s just kids with fireworks, then it gets kind of funny.”Mr. Ortiz said Mr. Cenat deserved some blame for the chaos.

Persons: Josh Ortiz, “, ” Mr, Ortiz, Kai, ”, Mr, Cenat, wasn’t Organizations: YouTube, Best Locations: Brownsville, Brooklyn, America

☆ Bishop Accused of Abuse Gets Married After Bid to Quit Church Is Denied
▼ + stars: | 2023-08-01 | by ( Ed Shanahan | More About Ed Shanahan | ) www.nytimes.com time to read: +1 min

As the leader of a diocese with its headquarters in New York’s capital, Bishop Hubbard was a political as well as a religious figure. In 2004, he was accused of having sexual relationships with several men and a street hustler decades earlier. An outside investigation he requested subsequently cleared him of sexual misconduct. He was informed in March that the Vatican had denied his request, he wrote on Tuesday. “I was encouraged to wait patiently and prayerfully and to continue to abstain from public ministry until seven civil lawsuits against me alleging sexual misconduct had been adjudicated,” he said.

Persons: Bishop Hubbard, “, ”, Vatican Locations: New York’s

☆ New Yorkers Brace for a 2nd Straight Day of Dangerously High Heat
▼ + stars: | 2023-07-28 | by ( Ed Shanahan | More About Ed Shanahan | ) www.nytimes.com time to read: +1 min

A heat advisory indicates potentially dangerous conditions for older and other vulnerable people; an excessive heat warning indicates anyone may be at risk. Although New Yorkers are no strangers to sweltering in summertime, the current hot spell is somewhat unusual: The Weather Service last issued an excessive heat warning for the area in August 2021, Mr. Ramunni said. The heat and humidity were expected to remain oppressive through Saturday evening, when thunderstorms are likely to move through. Central Park was a bit cooler, with the temperature peaking at 92 degrees and the heat index hitting 99. The city’s pools, which open at 11 a.m., will stay open for an extra hour, until 8 p.m., on Friday and Saturday.

Persons: Ramunni, Eric Adams Organizations: Weather Service Locations: New York, United States, New England, Newark , N.J

☆ Ponzi Schemer Freed From Prison by Trump Faces New Fraud Charges
▼ + stars: | 2023-07-19 | by ( Ed Shanahan | More About Ed Shanahan | ) www.nytimes.com time to read: +1 min

A convicted Ponzi schemer, whose prison sentence President Donald J. Trump commuted in one of his last official White House acts, is facing new fraud federal charges of bilking investors in a series of phony deals. The man, Eliyahu Weinstein, a former used car salesman from Lakewood, N.J., was serving a 24-year sentence in connection with two schemes, when Mr. Trump freed him from prison in January 2021. One involved defrauding members of his tight-knit Orthodox Jewish community out of more than $200 million. On Wednesday, federal prosecutors in New Jersey charged Mr. Weinstein, 48, along with four other men, with defrauding at least 150 people out of $35 million. “These were brazen and sophisticated crimes that involved multiple conspirators and drew right from Weinstein’s playbook of fraud,” Philip R. Sellinger, the U.S. attorney for New Jersey, said at a news conference.

Persons: Donald J, Trump, Eliyahu Weinstein, Weinstein, Philip R Organizations: White Locations: Lakewood , N.J, New Jersey, Covid, Ukraine, U.S

July 18 (Reuters) - Morgan Stanley's profit beat estimates as growth in its wealth management business offset lower trading revenue in the second quarter, and executives expressed optimism about the economic environment. Morgan Stanley (MS.N) shares rose more than 6%, shrugging off the 14% drop in profits. Excluding one-off items, Morgan Stanley earned $1.24 a share on revenue of $13.46 billion, comfortably beating estimates of $1.15 a share on $13.08 billion revenue, according to data from Refinitiv IBES. Still, "we expect investment banking to lead the recovery in the next quarter," she said. The Wall Street giant followed rivals including JPMorgan Chase and Citigroup in reporting tepid trading results.

Persons: Morgan, Morgan Stanley, James Gorman, Brennan Hawken‎, Sharon Yeshaya, Morgan Stanley's, James Shanahan, Edward Jones, Gorman, Ted Pick, Andy Saperstein, Dan Simkowitz, Tatiana Bautzer, Mehnaz Yasmin, Niket, Lananh Nguyen, Arun Koyyur, Louise Heavens, Nick Zieminski Organizations: UBS, JPMorgan Chase, Citigroup, Bank of America, Reuters, Thomson Locations: New York, Bengaluru

☆ Who is Elon Musk dating now? The answer isn't clear
▼ + stars: | 2023-07-18 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

It's not clear who, if anyone, Elon Musk is dating at the moment. Before Bassett, Musk dated Grimes for almost three years and before that, actress Amber Heard. But what about Elon Musk? Before Bassett, Elon Musk dated Grimes, an avant garde pop singer, whom he dated for almost three years and had two kids with. Felt nothing then," Heard told Hughes about the Musk relationship, according to Hughes' notes.

Persons: It's, Elon Musk, Natasha Bassett, Bassett, Musk, Grimes, Amber Heard, Jeff Bezos, Mark Zuckerberg, Tim Cook, Elon, Dixie Locke, Elvis Presley's, Baz Luhrmann's, Elvis, Shanahan, didn't, Maye Musk, Heard, Johnny Depp, Depp, Heard's, Dawn Hughes, Hughes, Talula Riley, Justine Wilson Organizations: Hollywood Life Locations: Australian, Los Angeles, Cannes, American

☆ Attorney who denied having an affair with Elon Musk says the scandal was 'humiliating' and 'utterly debilitating'
▼ + stars: | 2023-07-05 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Attorney Nicole Shanahan spoke out nearly a year after a scandal involving Elon Musk. Sources had told WSJ that Shanahan had an affair with Elon Musk while married to Google's Sergey Brin. Shanahan and Musk denied the affair, and Shanahan said the scandal was "utterly debilitating." "It was a conversation that was very meaningful about life and how people show up for one another," Shanahan told People. Shanahan, Musk, and representatives for Brin did not immediately respond to a request for comment from Insider ahead of publication.

Persons: Nicole Shanahan, Elon Musk, Shanahan, Google's Sergey Brin, Musk, Sergey Brin's, Brin's, Brin, she'd, Read Organizations: Elon, Street, Twitter, Journal, Echo Foundation, Stanford University, VC, Planeta Ventures

☆ Health-conscious millennials, Gen Zers are making cottage cheese cool again—but is it really that good for you?
▼ + stars: | 2023-06-30 | by ( Renée Onque | ) www.cnbc.com time to read: +4 min

That number has since fallen to 1.9 pounds of cottage cheese per person in one year in 2021, USDA data shows. But is cottage cheese— or any cheese for that matter— actually good for you? Compared to other cheeses, including American cheese, cottage cheese is a much healthier option because it's less processed, says Shanahan. "Cottage cheese is healthier than American cheese because it's fermented and has some live bacteria in there [like] yogurt has," she says. "I'm not confident to suggest cottage cheese would be significantly different than other types of cheese," Sun tells CNBC Make It.

Persons: Zers, Cate Shanahan, Shanahan, Qi Sun, I'm, Sun, wouldn't Organizations: NPR, U.S . Department of Agriculture, Shanahan, CNBC, Harvard, of Public Health Locations: TikTok, cheddar, Chan

An upcoming study from researchers at Stanford University offers a new way to trace far-flung smoke and pollution back to individual wildfires of origin. What’s burning in a wildfire determines what kind of pollution is in the smoke. Dr. Ford and others have studied wildfire smoke patterns, as well as the resulting exposure to particulate matter pollution. But the Stanford researchers have pulled off something new by putting the two together, she said, especially over so many years and so much land area. Aside from that, Dr. Lin thought the Stanford study would be very useful in figuring out the real human toll of wildfire smoke.

Persons: ”, Jeff Wen, Mr, Wen, Bonne Ford, it’s, Ford, John Lin, Lin, Stanford Organizations: Stanford University, Stanford, . Canadian Forces, Reuters, Seaboard, Colorado State University, University of Utah Locations: United States, U.S, Mistissini, Quebec, Georgia, Florida

☆ Tour Boat in Fatal Capsizing Was Unregulated and Had Tipped Before
▼ + stars: | 2023-06-15 | by ( Ed Shanahan | ) www.nytimes.com time to read: +1 min

After a tour boat capsized in a tunnellike cavern in western New York this week, killing a man and injuring nearly a dozen others, officials said they were investigating when the boat had last been inspected. The 300-foot canal in the dimly lit cavern, the Lockport Cave in Lockport, N.Y., is privately owned and is not a navigable body of water. As such, the narrow, flat-bottomed boat that was carrying 28 people on Monday operated in a regulatory limbo, officials said. Kathy Hochul directed her administration to “look at all possible ways to prevent future tragedies,” a spokesman said on Tuesday. But the governor’s spokesman, Matt Janiszewski, said that no state agency has jurisdiction over vessels in nonpublic, nonnavigable waterways.

Persons: Kathy Hochul, ”, Matt Janiszewski Organizations: U.S . Coast Guard, Buffalo News Locations: New York, Lockport, N.Y, U.S, Niagara Falls

☆ One Dead After Boat Capsizes on Underground Cave Tour, Officials Say
▼ + stars: | 2023-06-12 | by ( Ed Shanahan | Lola Fadulu | ) www.nytimes.com time to read: +1 min

One person died and more than a dozen others had to be rescued after a tour boat capsized Monday morning while carrying passengers through an underground cavern in western New York, prompting an all-out rescue effort, officials said. Twenty-nine people were on board when the boat tipped over at the Lockport Cave in Lockport, N.Y., Luca Quagliano, Lockport’s fire chief, said at a news conference. Emergency workers rescued 16 people from the water, Chief Quagliano said; the rest were able to get to safety on their own. In addition to the person who died, eleven people were hospitalized with minor injuries after being pulled from the water, Chief Quagliano said. The city’s police and fire departments and other public safety agencies immediately began rescue efforts, officials said.

Persons: Luca Quagliano, Quagliano, capsizing Locations: New York, Lockport, N.Y, Niagara Falls

☆ One Last Job? 60-Somethings With Mob Ties Charged in Jewel Heists
▼ + stars: | 2023-06-10 | by ( Ed Shanahan | ) www.nytimes.com time to read: +1 min

When four men were charged this week in the brazen armed robberies of two Manhattan jewelers, their ages suggested it might not be their first encounter with the criminal justice system. Among them, according to officials and court documents, the men have ties to the Genovese, Lucchese and Kansas City, Mo., crime families; a history of bank robberies, racketeering and killings; and a jailbreak reminiscent of a Hollywood movie. The defendants are Vincent Cerchio, 69; Michael Sellick, 67; Frank DiPietro, 65; and Vincent Spagnuolo, 65. The U.S. attorney’s office for the Southern District of New York charged the four with stealing $2 million in diamonds and other gems at gunpoint while dressed as construction workers to blend in on busy streets. A fifth man, Samuel Sorce, 25, of Florham Park, N.J., is charged with being a getaway driver in one of the heists.

Persons: Genovese, Vincent Cerchio, Michael Sellick, Frank DiPietro, Vincent Spagnuolo, Samuel Sorce Organizations: Lucchese, Kansas, Southern, of Locations: Manhattan, Kansas City, Mo, U.S, of New York, Florham Park, N.J

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. Legal experts say that Mr. Trump and others appear to be at “substantial risk” of prosecution for violating a number Georgia statutes, including the state’s racketeering law. But if she were to prevail at trial, a judge could impose steep financial penalties on Mr. Trump and restrict his business operations in New York. Ms. James’s investigators questioned Mr. Trump under oath in April, and a trial is scheduled for October.

Persons: Donald J, Trump, Trump’s, Jack Smith, Alvin L, Bragg, Stormy Daniels, Michael D, Cohen, Daniels, Karen McDougal, McDougal, Brad Raffensperger, Biden’s, —, Emily Kohrs, “ You’re, ”, “, Willis, Jan, Mr . Biden, Smith, Mike Pence, Mark Meadows, Letitia James, Mr, James, Donald Jr, Eric, Jonah E, Rebecca Davis O’Brien, Michael Gold, Michael Rothfeld, Ed Shanahan, Richard Fausset, Ashley Wong Organizations: Capitol, Manhattan, National Enquirer, Mr, ., The New York Times, Justice Department, Trump, Prosecutors, White House, Trump White House, New York, Civil, New Locations: Manhattan, Georgia, . Georgia, Fulton County, United States, Washington, Trump’s, New, New York, Bromwich

Bad air can be dangerous, especially if you’re breathing it over a lifetime. In East Asia, years of chronic air pollution is one reason that wearing face masks was common well before the coronavirus pandemic. School children there are used to playing inside on bad air days. In South Korea, would-be presidents have made reducing air pollution part of their campaign platforms. In other cases, urban air has improved because of something that no one saw coming.

Persons: it’s, Paiboon, Rajasekhar Balasubramanian, ”, Lee Hyung, “ It’s Organizations: New York State, World Health Organization, National University of Singapore, World Bank, Mexico City Locations: Midwest, United States, Cities, Asia, Africa, America, New, Bangkok, South Asia, East Asia, Seoul, South Korea, China, Beijing, Indonesia, Southeast Asia, Mexico, New Delhi

☆ He Freed an Innocent Man From Prison. It Ruined His Life.
▼ + stars: | 2023-05-22 | by ( Ed Shanahan | ) www.nytimes.com time to read: +1 min

Mr. Salpeter sank into depression. Several clients complained to state officials that he had not provided them with written contracts or detailed reports of the work he had done. One, Marina Lebron, met Mr. Salpeter in August 2014. Ms. Lebron, whose husband was in prison for murder, was put off by how Mr. Salpeter bragged about his importance. The grievance was one of at least nine filed against Mr. Salpeter, state records show.

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