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☆ E. Jean Carroll Testifies Against Donald Trump at Civil Rape Trial
▼ + stars: | 2023-04-26 | by ( Jennifer Calfas | Corinne Ramey | ) www.wsj.com time to read: 1 min

E. Jean Carroll, outside a federal courthouse in Manhattan, first made her allegations against former President Donald Trump in a 2019 book. Photo: SHANNON STAPLETON/REUTERSWriter E. Jean Carroll testified in graphic detail that she was raped by Donald Trump in the 1990s, telling a federal jury that the alleged assault in a New York department store had scarred her over the decades since. “I know people have been through a lot worse than this,” Ms. Carroll said Wednesday in a Manhattan courtroom. “It left me unable to ever have a romantic life again.”

☆ Bannon associate sentenced to more than 4 years for fraud over Trump border wall
▼ + stars: | 2023-04-26 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

Kolfage, 41, pleaded guilty last year to misappropriating funds meant for the "We Build the Wall" campaign. Andrew Badolato, 58, another former Bannon associate, also pleaded guilty and was sentenced to three years in prison at the same hearing. "The fraud perpetrated by Mr. Kolfage and Mr. Badolato went well beyond ripping off individual donors," Torres told the hearing. He also pleaded guilty to tax charges. In September, Bannon, 69, was indicted in New York state court in Manhattan on money laundering and conspiracy charges over the planned wall.

April 19 (Reuters) - Fox News on Tuesday disposed of one legal threat with its $787.5 million defamation settlement with Dominion Voting Systems, but the network still faces a $2.7 billion lawsuit from another voting technology company, Smartmatic USA, over its coverage of debunked election-rigging claims. REUTERS/Shannon Stapleton/File PhotoSmartmatic is seeking $2.7 billion in damages from Fox and five individuals, including former Trump lawyers and hosts. Smartmatic alleges in its lawsuit in New York County Supreme Court that the defendants knowingly spread false claims that its software was used to flip votes. Conspiracy theorists erroneously claimed Smartmatic owned Dominion, and the companies mounted similar allegations in their lawsuits. Fox denies the allegations, saying in a recent statement the network had a right to report on highly newsworthy allegations of voter fraud.

The source, who was not authorized to speak publicly, told Reuters that Fox was seeking a possible settlement. The Washington Post and the Wall Street Journal also reported that Fox was pursuing settlement talks, citing sources. Dominion is suing Fox Corp (FOXA.O) and Fox News in a defamation lawsuit over the network's coverage of the 2020 U.S. presidential election. Davis on Wednesday sanctioned Fox News, handing Dominion a fresh chance to gather evidence after Fox withheld records until the eve of the trial. An expert report commissioned by Dominion attributed scores of lost contracts to Fox's coverage, though much of the report remains under seal.

☆ Biden admin greenlights LNG exports from Alaska project - document
▼ + stars: | 2023-04-14 | by ( Timothy Gardner | ) www.reuters.com time to read: +2 min

REUTERS/Shannon StapletonCompanies Conocophillips FollowWASHINGTON, April 13 (Reuters) - The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project, a document showed, as the United States competes with Russia to ship natural gas from the Arctic to Asia. The Alaska LNG project includes a liquefaction facility on the Kenai Peninsula in southern Alaska and a proposed 807-mile (1,300-km) pipeline to move gas stranded in northern Alaska across the state. The Biden administration modified the previous approval to prohibit venting of the greenhouse gas carbon dioxide associated with the project into the atmosphere. The Biden administration last month approved the ConocoPhillips (COP.N) $7 billion Willow oil and gas drilling project on Alaska's North Slope. The Biden administration is trying to approve more U.S. LNG exports as it competes with Russia, traditionally one of the world's largest energy exporters.

☆ Bank stocks remain out of favor. Here's why we're sticking with our 2
▼ + stars: | 2023-04-04 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +4 min

Wells Fargo is a multiyear turnaround story, encompassing cost-cutting strategies to please investors and improvements to risk-management operations to satisfy both regulators and investors. Both stocks were firmly in the red Tuesday, with Wells Fargo sinking below $37 per share and Morgan Stanley below $85 per share. In the short run, that decreases the likelihood that shares of Wells Fargo and Morgan Stanley will rip higher. That's especially true for Wells Fargo, knowing that CEO Charlie Scharf can execute additional restructurings to reduce expenses. The logo of Morgan Stanley is seen in New York Shannon Stapleton | Reuters

Kashtanova received a copyright in September, and declared on social media that it meant artists were entitled to legal protection for their AI art projects. Copyright Office suddenly reversed itself, and Kashtanova became the first person in the country to be stripped of legal protection for AI art. A spokesperson for the copyright office declined to comment. Copyright Office, petitioned the U.S. Supreme Court and has a patent case before the U.K. Supreme Court. REUTERS/Shannon Stapleton 1 2 3 4Meanwhile, many artists and companies that own creative content fiercely oppose granting copyrights to AI owners or users.

☆ U.N. weather agency retires Fiona, Ian as hurricane names after 2022 devastation
▼ + stars: | 2023-03-30 | by ( ) www.reuters.com time to read: +1 min

[1/2] An aerial view of damaged boats and property after Hurricane Ian caused widespread destruction in Fort Myers, Florida, U.S., September 30, 2022. REUTERS/Shannon StapletonMarch 30 (Reuters) - Fiona and Ian have been retired as hurricane names by the World Meteorological Organization after devastating storms with those names killed dozens of people and inflicted billions of dollars in damage in 2022. The names are typically recycled every six years, and a total of 96 names have been retired. Going forward the name Fiona will be replaced in the rotation by Farrah and Ian by Idris, the U.N.'s World Meteorological Organization said on Wednesday. Hurricane Fiona struck Puerto Rico in September 2022, knocking out power to the entire island before slamming into eastern Canada, killing at least 31 people and becoming one of that Canada's costliest recent natural disasters.

☆ Chloe Bailey makes solo album debut with 'In Pieces'
▼ + stars: | 2023-03-28 | by ( Alicia Powell | ) www.reuters.com time to read: +3 min

[1/2] Chloe Bailey, also known by her stage name Chloe, sits for a portrait at Sony Music global headquarters in New York City, U.S., March 6, 2023. REUTERS/Shannon StapletonNEW YORK, March 28 (Reuters) - U.S. singer and actress Chloe Bailey, half of sister R&B duo Chloe x Halle, releases her debut solo album on Friday, a record whose message she says is: it is OK to show your vulnerable side. We all have scars but it's just who wears it the best," Bailey said in an interview. "The creative side didn't feel different, but (not) having the moral support and the validation from someone who's been my best friend since I was a little girl ... that was incredibly scary," Bailey said of doing the album solo. Bailey has faced a backlash over her covers of classic songs "Feeling Good" and "Lovin' You", as well as her revealing outfits.

Discussions between the SEC and Coinbase broke down in recent weeks, with one source saying the two sides had moved "further apart." The crypto industry believes it operates in a regulatory gray area not governed by existing U.S. securities laws - and that new legislation is needed to regulate the industry. "But if necessary, we welcome the opportunity for Coinbase and the broader crypto community to get clarity in court." Prior to Gensler's arrival, the SEC engaged in targeted enforcement, but the Democratic chair has ratcheted up focus on crypto platforms themselves. "There couldn't be a more significant development for crypto markets and crypto investors," said Philip Moustakis, former SEC enforcement lawyer and partner with Seward and Kissel LLP in New York.

Both are owned by Beijing-based parent company ByteDance, but Douyin launched before TikTok and became a viral sensation in China. Like TikTok, it’s a short-form video app. Then in 2017, the privately-owned tech company bought a US-based video startup and released TikTok as the overseas version of Douyin. The download page for the TikTok app displayed on an Apple iPhone. Besides TikTok, there’s also shopping app Temu, fast fashion retailer Shein and video editing app CapCut, which is also owned by ByteDance.

☆ Scranton to Biden: Love ya, Joe. But a 2024 run?
▼ + stars: | 2023-03-22 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +6 min

[1/6] A photograph of Jim Connors, 76, former Mayor of Scranton, with U.S. President Joe Biden hangs in his home in Scranton, Pennsylvania, U.S., March 10, 2023. Despite those strong ties, interviews with about two dozen Scranton voters show many harbor deep concerns about Biden running again. Many Scranton residents say they might back Biden again in 2024, albeit without much enthusiasm. Biden is also supporting a plan to build a new rail line from Scranton to New York City. “So, when I think about President Biden, I don't just think about President Biden being our hometown son," Cognetti said.

☆ Americans see Trump investigation as political, but also believable -Reuters/Ipsos
▼ + stars: | 2023-03-21 | by ( Jason Lange | ) www.reuters.com time to read: +3 min

REUTERS/Shannon StapletonWASHINGTON, March 21 (Reuters) - About half of Americans believe a New York investigation into whether Donald Trump paid hush money to a porn star is politically motivated, but a large majority find the allegations believable, a Reuters/Ipsos opinion poll found. Some 62% of respondents, including a third of Republicans, said it was also believable that Trump falsified business records and committed fraud. About nine in 10 respondents said they had heard about the Manhattan prosecutors' case against Trump, one of several probes dogging Trump. Some 54% of respondents - including 85% of Democrats and 21% of Republicans - said the accusation that Trump solicited election fraud was believable. The Reuters/Ipsos poll gathered responses from 1,003 adults nationwide, including 415 self-described Democrats and 383 Republicans.

☆ BlackRock CEO Fink warns of financial risks, persistent inflation
▼ + stars: | 2023-03-15 | by ( Ross Kerber | ) www.reuters.com time to read: +4 min

[1/2] Larry Fink, Chief Executive Officer of BlackRock, stands at the Bloomberg Global Business forum in New York, U.S., September 26, 2018. Fink wrote that after the regional banking crisis, the financial industry could see what he termed "liquidity mismatches." “It’s too early to know how widespread the damage is,” Fink wrote. BlackRock has previously said its diversified products "have limited exposure to Silicon Valley Bank." "The monetary and fiscal tools available to policymakers and regulators to address the current crisis are limited, especially with a divided government in the United States," Fink wrote.

☆ Hazardous 'forever chemicals' in water, food, and air won't disappear with new EPA rules. But 6 simple tactics can reduce your exposure at home.
▼ + stars: | 2023-03-14 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +8 min

Hazardous "forever chemicals" called PFAS are contaminating drinking water, food, and air. It may be impossible to completely avoid PFAS, but there are a few simple ways to reduce your exposure. A 2019 study found that people had lower PFAS levels in their blood after eating at home, and higher levels after eating fast food or at restaurants. A few types of water filters can diminish PFAS levels, though they may not completely remove the chemicals from the water. It was previously updated to reflect disagreements in the scientific community about the degree of PFAS exposure from Teflon.

Gulden said Adidas was still deciding what to do with its stock of unsold Yeezy footwear. One option could be for Adidas to donate proceeds from the sale of repurposed Yeezy stock to charity, Gulden said. REUTERS/Shannon Stapleton 1 2 3The split cost Adidas 600 million euros ($632 million) in sales in the fourth quarter of 2022, and Yeezy shoes would have brought in an estimated $1.2 billion in revenue this year. Inventories came in at just under 6 billion euros at the end of December, up 49% from the previous year, including 400 million euros of Yeezy products. That, along with $200 million of one-off costs, would bring Adidas to a $700 million loss this year.

☆ Adidas CEO promises turnaround after costly Yeezy split
▼ + stars: | 2023-03-08 | by ( Alexander Hübner | ) www.reuters.com time to read: +5 min

Gulden said Adidas is still deciding what to do with its stock of unsold Yeezy footwear. One option could be for Adidas to donate proceeds from the sale of repurposed Yeezy stock to charity, Gulden said. The split cost Adidas 600 million euros ($632 million) in sales in the fourth quarter of 2022, and Yeezy shoes would have brought in an estimated $1.2 billion in revenue this year. Inventories came in at just under 6 billion euros at the end of December, up 49% from the previous year, including 400 million euros of Yeezy products. In the fourth quarter of last year, currency-neutral revenue declined by 1%, taking into account a 600-million-euro loss after it stopped selling Yeezy shoes.

☆ Adidas to slash dividend after Kanye West split
▼ + stars: | 2023-03-08 | by ( Alexander Hübner | ) www.reuters.com time to read: +2 min

[1/3] Adidas merchandise is seen in an Adidas store on the day the German company terminated its partnership with the American rapper and designer Kanye West, now known as Ye, in Garden City, New York, U.S., October 25, 2022. REUTERS/Shannon StapletonBERLIN, March 8 (Reuters) - Adidas (ADSGn.DE) will slash its 2022 dividend, it said Wednesday, warning a split with rapper and fashion designer Kanye West could push it to its first annual loss in three decades this year. The company will recommend a dividend of 0.70 euros ($0.7374) per share at a May 11 annual general meeting, it said. Adidas is still dealing with the fallout from ending its partnership with West, which yielded the lucrative Yeezy sneaker line. Adidas said it is still deciding what to do with its stock of unsold Yeezy footwear.

☆ Adidas, burnt by Kanye West split, seeks a new focus
▼ + stars: | 2023-03-08 | by ( Helen Reid | ) www.reuters.com time to read: +4 min

[1/2] Adidas Yeezy shoes are seen in a store on the day Adidas terminated its partnership with the American rapper and designer Kanye West, now known as Ye, in Garden City, New York, U.S., October 25, 2022. Speaking to reporters on Wednesday, Gulden said Adidas would keep partnering not just with athletes but celebrities and artists. "You build credibility as a performance brand by being with athletes, but there's very few athletes that you can do lifestyle with." Gulden did, however, hint at a change of emphasis at Adidas, saying the company needs to refocus on its core. The Jordan brand brought in $5.1 billion of sales in Nike's 2022 fiscal year, up 7% from 2021, according to the company's 2022 annual report.

☆ Fox News has implemented a 'soft ban' on Donald Trump and is avoiding putting him on air, report says
▼ + stars: | 2023-03-04 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +4 min

Members of Trump's inner circle claim that Fox News has put a "soft ban" on him, a report says. Trump has not appeared on Fox News once since he announced his presidential bid in November. "Everyone knows that there's this 'soft ban' or 'silent ban,'" one source close to the former president told the outlet. "It's certainly — however you want to say, quiet ban, soft ban, whatever it is — indicative of how the Murdochs feel about Trump in this particular moment." One unnamed Trump aide told Semafor that they've heard about the "soft ban" directly from people at Fox.

☆ Here’s our Annual Meeting update on the 7 health care and bank stocks in the Club portfolio
▼ + stars: | 2023-03-01 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Here's an update on the health care and financial holdings in Jim Cramer's Charitable Trust, the portfolio we use at the CNBC Investing Club. At levels below $250 per share, Jim said Danaher is one of the most attractive stocks in the Club's portfolio. Its consumer-products unit will become a company known as Kenvue, while its faster-growing pharmaceutical and medical devices divisions will retain the J & J name. However, there is some litigation risk with J & J after a federal judge in January rejected its strategy concerning more than 38,000 talc lawsuits. Against that backdrop, we view J & J as a quality defensive name to own, especially given its annual dividend yield of around 3%.

☆ Prince Harry and Meghan to lose second home in UK -tabloid
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +2 min

[1/2] Britain's Prince Harry and his wife Meghan, Duchess of Sussex attend a celebration of Nelson Mandela International Day at the United Nations Headquarters in New York, U.S., July 18, 2022. REUTERS/Shannon StapletonLONDON, March 1 (Reuters) - The house used by Prince Harry and his wife Megan when they are in Britain has been offered by King Charles to the monarch's brother, Prince Andrew, although he has turned it down, the Sun newspaper reported on Tuesday. Charles's decision comes in the wake of the couple's damning revelations about Harry's father, his elder brother Prince William and other royals in his recent memoir, a Netflix documentary and a series of TV interviews, the tabloid said. Harry and Meghan moved to Frogmore Cottage within the grounds of the king's Windsor Castle estate to the west of London following their marriage in 2018. After stepping down from their royal duties in 2020, they moved to California to forge new lives and careers, but Frogmore Cottage remained their British base.

☆ Prince Harry and Meghan have been asked to vacate UK home
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +2 min

[1/2] Britain's Prince Harry and his wife Meghan, Duchess of Sussex attend a celebration of Nelson Mandela International Day at the United Nations Headquarters in New York, U.S., July 18, 2022. Earlier, the Sun newspaper reported the house had been offered by the monarch to his brother, Prince Andrew. "We can confirm The Duke and Duchess of Sussex have been requested to vacate their residence at Frogmore Cottage," a spokesperson for Harry and Meghan said. The paper reported that Andrew wants to stay in his current home nearby rather than move to Frogmore Cottage. Harry and Meghan moved to Frogmore Cottage within the grounds of the Windsor Castle estate to the west of London following their marriage in 2018.

☆ Microsoft limits Bing chats to 5 questions per session
▼ + stars: | 2023-02-18 | by ( ) www.reuters.com time to read: +1 min

[1/2] The Microsoft logo is seen outside the Microsoft Experience Center in New York City, U.S., January 18, 2023. REUTERS/Shannon StapletonFeb 17 (Reuters) - Microsoft (MSFT.O) said on Friday it will limit chat sessions on its new Bing search engine powered by generative artificial intelligence (AI) to five questions per session and 50 questions per day. "As we mentioned recently, very long chat sessions can confuse the underlying chat model in the new Bing. To address these issues, we have implemented some changes to help focus the chat sessions," Microsoft said in the blog post. The new Bing, which has a wait list of millions of people for access, is a potentially lucrative opportunity for Microsoft.

☆ What Trump allies have faced criminal charges?
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +6 min

Here is a look at some of the Trump aides and allies who have faced criminal prosecution. Weisselberg pleaded guilty in 2022 and served as a star witness in the Trump Organization's criminal trial on tax fraud charges. Two other close Trump associates, Mark Meadows and Daniel Scavino, did not face similar criminal charges despite a House vote recommending them. Trump pardoned Broidy. Roughly 570 have pleaded guilty and 78 have been found guilty at trial.

Persons: Steve Bannon, Shannon Stapleton, Donald Trump, Six, Prosecutors, Trump, STEVE BANNON Trump's, Bannon, Joe Biden's, swindling Trump, ROGER, Stone, ALLEN WEISSELBERG, Weisselberg, PETER NAVARRO, Navarro, Mark Meadows, Daniel Scavino, MICHAEL COHEN, Stormy Daniels, Karen McDougal, Cohen, MICHAEL FLYNN, Flynn, PAUL MANAFORT, Manafort, RICK, Gates, ELLIOT BROIDY, Broidy, Stewart Rhodes, Andy Sullivan, Will Dunham, Scott Malone, Daniel Wallis Organizations: White House, REUTERS, Companies Trump Organization Inc, WASHINGTON, Six Trump, House, . House, Capitol, Trump, Trump White House, U.S, Army, Pentagon's Defense Intelligence Agency, FBI, Thomson Locations: New, New York City, U.S, New York, Mexico, Moscow, United States, Russian Ukrainian, Russia

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