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☆ Ex-Trump Org finance chief Allen Weisselberg to plead guilty to perjury
▼ + stars: | 2024-03-04 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Former CFO Allen Weisselberg leaves the courtroom for a lunch recess during a trial at the New York Supreme Court on November 17, 2022 in New York City. Former Trump Organization chief financial officer Allen Weisselberg is expected to plead guilty to perjury charges on Monday related to the testimony he gave in the New York civil fraud trial of Donald Trump and his company, NBC News reported. An attorney for Weisselberg and spokespeople for the DA's office did not immediately reply to CNBC's request for comment. The New York Times reported in early February that Weisselberg was in negotiations to plead guilty to lying on the witness stand in the Trump business fraud lawsuit brought by New York Attorney General Letitia James. Weisselberg has already pleaded guilty once in connection with his work for the Trump Organization.

Persons: Allen Weisselberg, Donald Trump, Weisselberg, Trump, Letitia James ., Arthur Engoron Organizations: New York Supreme, Former Trump Organization, NBC News, Manhattan District, NBC, Weisselberg, New York Times, New York, Letitia James . Manhattan, Times, Trump Organization, Manhattan Locations: New York City, New York

☆ Investors should tread carefully in March after bitcoin's explosive rally to $60,000
▼ + stars: | 2024-03-03 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

With bitcoin on a hot streak this past week, investors should brace themselves for a cooling in March. "But cash inflows into spot bitcoin ETFs are accelerating, and that seems to have been overpowering those technical signals." Although Bitcoin traded above $62,000 to end the week, it's realized price was down at the $42,000 level, according to CryptoQuant. CryptoQuant also showed the cost of opening new long positions in the futures market spiked in the recent rally, which historically signals a coming correction in the bitcoin price. Ether, however, has ended the month higher in six of the last eight March's since its inception, with an average gain on the month of 25%.

Persons: Yuya Hasegawa, Hasegawa, Julio Moreno, Bitcoin, it's, bitcoin, CryptoQuant, David Duong, Duong, Michael Bloom Organizations: JPMorgan, CNBC, Federal, New York Community Bancorp Locations: New York

☆ An Israeli strike near a hospital in Rafah killed at least 11 people, Gaza health officials say.
▼ + stars: | 2024-03-02 | by ( Anushka Patil | More About Anushka Patil | ) www.nytimes.com time to read: +2 min

An Israeli strike outside a hospital in Rafah, in southern Gaza, on Saturday killed at least 11 people and injured dozens of other displaced Palestinians, including children, who were sheltering in tents nearby, the Gaza Health Ministry said. At least two health care workers, including a paramedic, were among those killed after the strike near the gate of the Emirati maternity hospital, the health ministry said. The victims of the strike were sheltering near the Emirati maternity hospital, one of the last hospitals still functioning in Gaza. The Emirati hospital is essentially “the last hope for pregnant women in the whole of Gaza,” Mr. Allen said. A strike so close to the hospital poses a “terrifying” risk to pregnant women, newborns and the overloaded health care workers trying to care for them, he added.

Persons: Abdul Fattah Abu Marai, Benjamin Netanyahu, Israel, Tedros Adhanom Ghebreyesus, Dominic Allen, Mr, Allen Organizations: Gaza Health Ministry, “ Islamic, World Health Organization, United Nations Population Fund Locations: Israeli, Rafah, Gaza, Kuwaiti, stretchers, Gaza’s, State, Palestine

☆ Yum China CEO says consumers are growing more 'rational' as rising costs cut dining budgets
▼ + stars: | 2024-03-01 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

While economists and investors fret over China's low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese consumer is growing more rational — and has been for years. Weighed down by investors' concern about the broader Chinese economy, shares of Yum China have fallen 27% over the past year, dragging its market value down to $17.51 billion. Despite Wall Street's worries, Yum China's sales are growing. "I think the Chinese consumer has become more rational over the last few years," she told CNBC. But in lower-tier cities, such as Chengdu, Yum China is seeing stronger sales growth because housing is cheaper and consumers have more cash to spend.

Persons: Joey Wat, Wall, Yum, Wat Organizations: Yum, Yum Brands, CNBC Locations: China, Yum China, Shanghai, Beijing, Wat, Chengdu, Cities

A New York bank is under severe pressure Friday close to one year after absorbing a large chunk of another bank 30 miles away that had failed. That pressure has been compounded at the Hicksville, New York, bank because it grew massively almost overnight after absorbing the failed Signature Bank. That put New York Community Bancorp at a new level that requires higher regulatory scrutiny, a transition that has been rocky. One of those failed banks, Signature, was acquired by New York Community Bancorp, pushing it above $100 billion in assets, which by law puts it under more scrutiny from regulators. DiNello was CEO of Flagstar Bank, which New York Community Bancorp acquired in late 2022.

Persons: Thomas Cangemi, ”, Joe Biden, ” Citi’s Keith Horowitz, Horowitz, Cangemi, Alessandro DiNello, DiNello Organizations: New York Community Bancorp, Moody’s, U.S . Securities, Exchange Commission, Bank, Industry, Flagstar Bank, New, Community Bancorp Locations: York, New, , New York

☆ Britain's royal family is a mess, and things are about to get worse
▼ + stars: | 2024-03-01 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +10 min

But for Britain's royal family, that may be the least of its problems. Meanwhile, Prince Andrew is back in the limelight and Prince Harry's relationship with his brother remains uncertain. AdvertisementAnd things are likely to get worse unless a drastic change is made, according to Royston and Kristen Meinzer, a royal expert and podcast host. Gabriella — second cousin to King Charles — and Kingston tied the knot at St. George's Chapel in Windsor. Prince Andrew and Sarah Ferguson are photographed with members of the royal family before the Thanksgiving Service for King Constantine.

Persons: —, Kate Middleton, Princess of Wales, Prince Andrew, Prince Harry's, Jack Royston, Kristen Meinzer, Charles, Kate, Greece's King Constantine, Sarah Ferguson, Duchess, York, King Charles, weren't, Queen Camilla, Max Mumby, Rishi Sunak, Sunak, Charles III, Jonathan Brady, Harry, Meghan, Royston, Gabriella's, Thomas Kingston, Gabriella —, King Charles —, George's, Karwai Tang, Middleton, hasn't, Meinzer, hyperemesis, Prince William, Prince Louis, Chris Jackson, Kate's, haven't, William —, Andrew, King Constantine of Greece, King Constantine, Andrew Matthews, William, Ferguson, Victoria, Prince, Prince William's, Camilla, Buckingham Organizations: Service, Business, British, BBC, GMA, Kingston, Kensington Palace, Telegraph, Royal, Daily Mail, Netflix Locations: Royston, Buckingham, St, Windsor ., Kensington, Lindo

☆ Fashion icon Iris Apfel dies at 102
▼ + stars: | 2024-03-01 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +5 min

Apfel died on Friday at the age of 102, according to a post on her verified Instagram page. “I go at it full, I’m very passionate about what I do,” Apfel told CNN in an interview in 2018. Jemal Countess/WireImage/Getty Images“(Styling the White House) was a relatively easy job actually, because everything had to be as close as humanly possible to the way it was,” Apfel told the Guardian in 2015. The exhibition, “Rara Avis (Rare Bird),” was the first time the museum had paid tribute to a living woman who was not a fashion designer. Apfel front row at New York Fashion Week with model Karolina Kurkova in 2016.

Persons: Iris Apfel, Apfel, Stu Loeser, “, ” Apfel, Iris, Samuel, Carl Apfel, ”, Estée Lauder, Greta Garbo, Jemal, WireImage, Jackie Kennedy, Harold Koda, Koda, “ Rara, Karolina Kurkova, Michael Stewart, Kate Spade, Kloss, Joan Smalls, Chrissy Teigen, Bella, Gigi Hadid, … Organizations: CNN, New York Times, Guardian, New York’s Metropolitan Museum of Art, Met, “ Rara Avis, New York, MAC Cosmetics, Home Shopping, Vogue Italia, IMG Locations: Palm Beach , Florida, Queens , New York

☆ Crypto exchange Gemini to pay $1.1 billion back to customers
▼ + stars: | 2024-02-29 | by ( Juliana Liu | ) edition.cnn.com time to read: +2 min

CNN —Gemini Trust, a cryptocurrency exchange founded by Cameron and Tyler Winklevoss, will return at least $1.1 billion to customers of its now shuttered lending program, following a settlement with a New York regulator. NYDFS has the right to “bring further action against Gemini if the company does not fulfill its obligation,” it said in the statement. In a Wednesday blog post, the crypto exchange said that due to the settlement, customers of its lending program, Gemini Earn, would receive 100% of their digital assets back in kind plus any appreciation in value. Gemini Earn marketed itself as a low-risk investment in which customers could lend crypto assets to another firm, Genesis Global Capital (GGC), while earning interest payments as high as 8%. That was when the trillion-dollar crypto market crumbled, due to the collapse of FTX, the once high-flying crypto exchange.

Persons: Cameron, Tyler Winklevoss, NYDFS, Meta’s, Mark Zuckerberg, Sam Bankman, Fried Organizations: CNN, Gemini Trust, Gemini, New York Department of Financial Services, Facebook, Genesis Global, Bankman, New, GCC, Digital Currency Group Locations: New York, FTX, Manhattan

☆ AIs are more accurate at math if you ask them to respond as if they are a Star Trek character — and we're not sure why
▼ + stars: | 2024-02-29 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

AdvertisementUsing AI to speak with AIMachine learning engineers Battle and Gallapudi didn't set out to expose the AI model as a Trekkie. Instead, they were trying to figure out if they could capitalize on the "positive thinking" trend. AdvertisementThis would suggest it's not only what you ask the AI model to do, but how you ask it to act while doing it that influences the quality of the output. Still, giving the models positive statements provided some surprising results. CBS via Getty ImagesThis doesn't mean you should ask your AI to speak like a Starfleet commanderLet's be clear: this research doesn't suggest you should ask AI to talk as if aboard the Starship Enterprise to get it to work.

Persons: —, chatbots, Rick Battle, Teja, Gallapudi didn't, it's, Gollapudi, Spock, Let's, Catherine Flick, Flick Organizations: Service, Star, VMware, Business, New, Machine, AIs, CBS, Getty, Enterprise, Staffordshire University Locations: California

☆ Check out the pitch deck startup tvScientific used to raise $9.4 million to make TV ads as measurable as Google and Meta ads
▼ + stars: | 2024-02-28 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +2 min

Advertising tech firm tvScientific wants to prove that streaming TV ads are as effective as Meta and Google ads. TvScientific's previous investors include NBCUniversal, Norwest Capital Partners, Aperiam Ventures, and Hearst VenturesTvScientific tries to make it as easy to buy and measure streaming TV ads as it is to buy and measure Google and Meta ads. The firm specializes in technology that tracks what someone does after watching a streaming TV ad. But Meta and Google have millions of advertisers, and tvScientific wants the top 10% to 20% of Meta and Google's advertisers to be its clients. Over time, Fairchild said that he expects more big brands that buy linear TV ads for reach and frequency will also begin buying streaming TV like performance marketing.

Persons: TvScientific, Jason Fairchild, Martin Sorrell's, Hearst Ventures TvScientific, Fairchild, tvScientific, Chris Riedy Organizations: Business, Ventures, BDMI, Progress Ventures, Norwest Capital Partners, Aperiam Ventures, Hearst Ventures, Google, Meta

☆ Conservative activists are taking another swing at trying to recall Gavin Newsom, arguing that he's 'abandoned' California to 'advance his presidential ambitions'
▼ + stars: | 2024-02-26 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The organizers of the group, Rescue California, will present the recall petition papers to Newsom's office on Monday, kicking off what will be a lengthy and likely grueling drive to qualify the recall for the ballot. "Gavin Newsom has abandoned the state to advance his presidential ambitions, leaving behind a $73 billion budget deficit and a public safety, immigration and education crisis," Rescue California campaign director Anne Dunsmore told Politico. Newsom because he is out there defending democracy and fighting for the reelection of Joe Biden and Kamala Harris." Last week, the California Legislative Analyst's Office projected the state's budget shortfall for the 2024-2025 fiscal year at $73 billion.

Persons: —, Gavin Newsom, Newsom, California's COVID, should've, Larry Elder, Joe Biden's, Anne Dunsmore, Nathan Click, Joe Biden, Kamala Harris, Democracy's, he's, Biden Organizations: Service, Democratic, Rescue, Business, Politico, White, Trump Republicans, California Legislative, Office Locations: California, Rescue California, Los Angeles, San Francisco

☆ Ryanair says it may have to raise fares and cut flights this summer because of Boeing
▼ + stars: | 2024-02-26 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Ryanair may be forced to cut flights and raise fares in the peak summer season this year because crisis-hit Boeing can’t deliver the planes it promised. Until recently, Ryanair was expecting Boeing to deliver 57 Max 8-200 planes by the end of April, Reuters reported O’Leary as saying. “We don’t really know how many aircraft we’re going to get from Boeing,” he said, according to Reuters. If only 40 aircraft are delivered, Ryanair may have to “announce some minor schedule cuts” by the end of March, O’Leary was reported as saying. I think we (will) get some modest compensation out of Boeing,” O’Leary said.

Persons: Michael O’Leary, Max, O’Leary, ”, airfares, “ It’s, ” O’Leary, “, David Calhoun, Brian West Organizations: London CNN, Ryanair, Boeing, Alaska Airlines, Reuters, CNN Locations: Ryanair’s Ireland

☆ Trump, adult sons and former Trump Org. officials appeal civil fraud judgment in New York
▼ + stars: | 2024-02-26 | by ( Kara Scannell | ) edition.cnn.com time to read: +1 min

CNN —Former President Donald Trump, his adult sons, and two former Trump Organization officials have appealed the $464 million judgment entered against them in the New York attorney general’s civil fraud case. Donald Trump is personally on the hook for $454 million, including interest payments. His sons were each ordered to pay more than $4 million back in gains they improperly received because of the fraud. Engoron’s signed judgment was posted to the court docket Friday, one week after he found Trump, Donald Trump Jr. and Eric Trump liable for fraud in the civil case brought by New York Attorney General Letitia James. His lawyers had argued it wouldn’t harm the New York attorney general’s office and would allow for an orderly process given the “magnitude” of the decision.

Persons: Donald Trump, Judge Arthur Engoron, “, Trump, Engoron’s, Donald Trump Jr, Eric Trump, Letitia James Organizations: CNN, Trump Organization, New, New York Locations: New York, York

☆ Laken Riley: Vigil to be held for Augusta University student killed on UGA campus as a suspect remains in custody
▼ + stars: | 2024-02-25 | by ( Elizabeth Wolfe | ) edition.cnn.com time to read: +7 min

CNN —A vigil will be held Monday afternoon for Laken Hope Riley, an Augusta University nursing student who was found dead after jogging on the University of Georgia campus last week, as her suspected killer’s immigration status has drawn the scrutiny of Republican leaders. Riley, who was a UGA student until May 2023, was found dead Thursday near a lake on the university’s campus from blunt force trauma, according to UGA Police Chief Jeff Clark. Riley’s killing has left the University of Georgia to grieve two tragic deaths that occurred less than a day apart: Her body was discovered just hours after the death of a UGA student the previous night. The Monday afternoon vigil will be co-hosted by Riley’s Alpha Chi Omega sorority at UGA in remembrance of both of the dead students, the university said. Clark referred to Riley’s killing as a “crime of opportunity,” noting he believes the suspect acted alone.

Persons: Laken Hope Riley, Riley, Jeff Clark, Jose Antonio Ibarra, Ibarra, Clark, haven’t, ” Clark, outcries, Brian Kemp, Joe Biden, ” Kemp, Joe Biden’s, Mike Johnson, Riley’s, Biden, “, ” Jose Antonio Ibarra Clarke, Greg Abbott, Diego Ibarra, Peers, ’, ”, ” Riley, ” Laken Hope Riley, Lauren Phillips, “ I’m, LISTo, CNN’s Ashley R, Williams, Rebekah Riess, Priscilla Alvarez, Isabel Rosales, Jaide Timm, Garcia, Jamiel Lynch Organizations: CNN, Augusta University, University of Georgia, Republican, UGA, UGA Police, Investigators, GOP, Riley’s Alpha Chi Omega, Police, ” Police, Customs, Georgia Gov, Sheriff’s, Governors, Republican Texas Gov, Democratic, Biden, Pew Research, ICE, New York City, NYPD, US, Office, Middle, Middle District of Georgia, Augusta University College of Nursing, UAC, Facebook, of Nursing, Hispanic Student Association Locations: Venezuelan, Mexico, Middle District

☆ Flaco, the owl that escaped from Central Park Zoo, is dead after hitting a building
▼ + stars: | 2024-02-24 | by ( Dalia Faheid | Rob Frehse | ) edition.cnn.com time to read: +2 min

CNN —Just over a year ago, Flaco the Eurasian eagle-owl captivated the hearts of New Yorkers when he fled from a Central Park Zoo enclosure after it was vandalized. Flaco became an attraction in Central Park with birders and others regularly posting updates on X about his whereabouts and eating habits. Despite efforts from members of the Wild Bird Fund who responded quickly to Friday’s collision scene, the bird was declared dead, the WCS said. The Wild Bird Fund notified zoo staff who picked up the bird and transported him to the Bronx Zoo for a necropsy. Flaco had frequently been seen in and near Central Park and other locations across Manhattan since then, according to the society.

Persons: Eric Adams, Flaco Organizations: CNN, Yorkers, New York City, Wildlife Conservation Society, Bird Fund, Fund, Bronx Zoo, NYPD, Zoo, Conservation Society Locations: New, Manhattan, Wildlife, Central, birders, Central Park

US law enforcement officials have also been closely monitoring the incident to determine if a federal crime was committed, a senior US official familiar with the matter told CNN. Tom Brenner/ReutersA longtime political consultant, Kramer worked for Kanye West’s 2020 presidential bid and has a history of producing robocalls. Phillips’ campaign said it had no knowledge of his reported involvement with the AI Biden call. He said that Kramer told him to delete all of the emails between the two of them, and that he did. As figures at the center of American political scandals go, Carpenter is certainly “eccentric” – a word he uses to describe himself.

Persons: Paul Carpenter –, –, Joe Biden’s, Carpenter, Dean Phillips, Biden, ”, “ I’m, Steve Kramer, Phillips, Kramer, Carpenter’s, Biden’s, Tom Brenner, Kanye, Phillips ’, robocalls, ” Phillips, Katie Dolan, ” Dolan, Hank Sheinkopf, Sheinkopf, CNN’s Jake Tapper, “ I’d, “, who’s, Donald Trump, Sen, Lindsey Graham of, ” Carpenter, he’s, didn’t, Bruce Kramer, Brandon Kizy –, Paul Carpenter, CNN “ Paul, Paul, ” Kizy, Hany Farid, we’ve, ” Liz Purdy, I’d, “ I’ve, ” CNN’s Alison Main, Allison Gordon, Isabelle Chapman, Yahya Abou, Ghazala Organizations: CNN, New, Minnesota Rep, Democratic, NBC News, Commission, Reuters, South, Republican, University of California Berkeley Locations: Orleans, New Hampshire, Texas, New York, Pennsylvania, South Carolina, Minneapolis, New Orleans, Lindsey Graham of South Carolina

☆ Guns and Goodies: How LaPierre Spent the N.R.A.’s Money
▼ + stars: | 2024-02-23 | by ( Liset Cruz | ) www.nytimes.com time to read: +1 min

Its leader, Wayne LaPierre, was the face of obdurate resistance to regulations on firearms. Behind the scenes, however, Mr. LaPierre had a taste for the good life, spending the group’s money on luxuries like Bahamian vacations. CLOTHES: Between 2004 and 2017, Mr. LaPierre spent nearly $275,000 on suits from a luxury Beverly Hills boutique, Zegna. Mr. LaPierre said he bought them on the recommendation of an N.R.A. contractor who “hated my clothing.” Mr. LaPierre had argued that the suits were just “costumes I wore on TV,” albeit extremely expensive ones.

Persons: Letitia James, Wayne LaPierre, LaPierre, “, Mr Organizations: New, National Rifle Association, Beverly Hills

☆ Judge formally says Trump owes $454 million in civil fraud case, countdown starts for him to put up the money for appeal
▼ + stars: | 2024-02-23 | by ( Kara Scannell | ) edition.cnn.com time to read: +2 min

CNN —A New York judge on Friday formally ordered Donald Trump to pay $454 million, including interest, a move that will give the former president one month to post nearly half a billion dollars to appeal the fraud verdict. Judge Arthur Engoron’s signed judgment was posted to the court docket Friday, one week after he found Trump, Donald Trump Jr. and Eric Trump liable for fraud in the civil case brought by New York Attorney General Letita James. Once Trump and the others are served with the judgment, the 30-day clock for them to file an appeal starts. The sons were each ordered to pay $4 million back in gains they improperly received because of the fraud. The judge notified both sides in an email Thursday that he would sign off on the proposed judgment drafted by the New York attorney general’s office.

Persons: Donald Trump, Judge Arthur Engoron’s, Trump, Donald Trump Jr, Eric Trump, Letita James, James, “, ” Organizations: CNN, New York, Trump, Trump Organization, New Locations: York, New York

☆ ‘Rust’ film armorer’s manslaughter trial opens with both sides debating whose negligence matters most
▼ + stars: | 2024-02-22 | by ( Christina Maxouris | Eric Levenson | ) edition.cnn.com time to read: +12 min

Gutierrez Reed, Bowles pointed out, was just 24 at the time and had to split her time as both armorer and props assistant. “When the state talks about Ms. Gutierrez Reed being negligent, what really happened is production was negligent,” he said. Gutierrez Reed is the first person to stand trial in a case that has highlighted the movie industry’s safety standards – and this specific set’s violations of them. "Rust" film armorer Hannah Gutierrez Reed has pleaded not guilty to the charges. According to the probable cause statement, Gutierrez Reed also left a cart that contained ammunition unsecured and unsupervised during the break.

Persons: “ Rust, armorer Hannah Gutierrez Reed’s, Halyna Hutchins, Jason Lewis, Gutierrez, ”, “, Jason Bowles, Alec Baldwin, Gutierrez Reed, Bowles, Hutchins, Baldwin, Hannah Gutierrez Reed, Pool Baldwin, David Halls, Gutierrez Reed’s, ” Bowles, –, Halls, Lisa Torraco, ” Torraco, Joel Souza, Souza, Mario Anzuoni, Gutierrez Reed “, “ Reed, Melina Spadone, ” CNN’s Josh Campbell Organizations: CNN, Prosecutors, NBC, Getty, KOAT, –, Los Angeles Times, Times, Reuters, New, Rust Movie, OHSB, Sheriff's, Getty Images Defense Locations: Mexico, Santa Fe, California, New Mexico

☆ Starbucks releases pork flavored coffee in China for Lunar New Year
▼ + stars: | 2024-02-20 | by ( Jessie Yeung | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Who doesn’t like a little braised pork with their coffee? Starbucks (SBUX) is betting on that unusual combination with a new drink released in China to mark the Lunar New Year. The drink combines Dongpo Braised Pork Flavor Sauce with espresso and steamed milk, with extra pork sauce and pork breast meat for garnish, according to the Starbucks delivery app. And while the foods served at New Year feasts vary by region, braised pork makes a frequent appearance. The Starbucks pork latte has quickly gained traction on Chinese social media, with the topic viewed more than 476,000 times on Weibo by the time of publishing.

Persons: Savory Latte, Su Dongpo, it’s, “, ” Organizations: Hong Kong CNN, Shanghai Starbucks Reserve, Starbucks Reserve, United, Starbucks, Luckin, Shanghai, Weibo Locations: China, Hong Kong, Weibo, Asia, People, United States, Wuhan

☆ Trump’s crushing fraud trial defeat is a microcosm of a life defined by breaking all the rules
▼ + stars: | 2024-02-17 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

Practically, Engoron’s decision will impose severe financial and personal strain on Trump as he’s emerging as the almost certain Republican presidential nominee. “He’s already said he’s going to spend most of this year in a courtroom, not on a campaign trail. Flouted rules, new realities and a busted legal strategyTrump’s belief that the rules are for others defines his business and political life. Yet this refusal to ever admit defeat also appears to be leading Trump into dangerous legal territory. His flawed philosophy that in business and life, it’s all about closing one more deal, means that even crushing defeats like the 2020 election and his fraud trial cannot change him.

Persons: Donald Trump’s, Trump, Arthur Engoron’s, —, Joe Biden, “, Biden, ” Trump, Jean Carroll, Engoron, It’s, Elise Stefanik, Nikki Haley, ” Haley, “ He’s, ” Friday’s, Tom Suozzi’s, marveled, ”, Donald Trump, Letitia James, wouldn’t, Michael D’Antonio, “ Trump, Neama Rahmani, I’ve Organizations: CNN, Trump, DOJ, Trump Organization, Republican, East Coast, South, GOP House, New York, West Locations: New York, Manhattan, Florida, York, United States, he’s, South Carolina, Washington, Georgia, American

In addition to the $355 million penalty — payback of what the judge deemed “ill-gotten gains” from his spurious financial statements — Trump is required to pay interest on that amount. James’ office calculates that, to date, Trump owes an additional $98.6 million in interest, bringing his total penalty to $453.5 million. Trump used $170 million of the $375 million to pay off a loan on the property. — $60 million, plus interest, from selling the rights to manage a New York City golf course in June 2023. Trump testified that regardless of what his financial statements said, banks did their own due diligence and would’ve qualified him for the loans anyway.

Persons: Donald Trump, “, ”, Arthur Engoron, Letitia James, who’s, Trump, who's, Friday's, what's, Engoron, James ’, Allen Weisselberg, Jeffrey McConney, — Trump, Eric, Donald Trump Jr, Donald Jr, untethered, ” Trump, Christopher Kise, would’ve, James, Engoron’s, Barbara Jones, Michael Cohen, Cohen, —, Forbes, Trump “, ” Engoron, Michael Cohen's Organizations: Republican, Trump, Trump Organization, longtime Trump Organization, TRUMP, New, Deutsche, Trump International Hotel, Waldorf, Bally's Corporation, Trump Organization finance, Division, Democrat Locations: New York, New, Manhattan, Lago, Florida, Miami, Chicago, Washington, New York City, Engoron’s, York, Trump

4 Marquette 81-53 Saturday and take control of the race for the Big East regular-season title. Cam Spencer and Hassan Diarra each added 14 points. The Huskies now lead the second-place Golden Eagles in the Big East by three games in the loss column with five to play. UConn: The Huskies are looking for their first regular-season Big East title since 2005-06, a year they shared the crown with Villanova. UP NEXT:Marquette: Open a three-game homestand against Big East cellar-dweller DePaul on Wednesday.

Persons: STORRS, — Donovan Clingan, Tristen Newton, Cam Spencer, Hassan Diarra, Kam Jones, Oso Ighodaro, Newton, Creighton, ___ Organizations: UConn, Marquette, Big, Huskies, Golden Eagles, Villanova, DePaul, Wednesday, AP Locations: Conn, Big, Marquette, Nebraska

☆ Judge Engoron’s ruling: What will it mean for Donald Trump’s businesses?
▼ + stars: | 2024-02-17 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +5 min

There is still a lot to parse from the ruling and its potential impact on Trump’s business empire, but here’s what we know so far. And Trump himself might have been permanently barred from the New York state real estate industry, something James had requested. The ruling extended the monitor’s role “for no less than three years.”That new governance structure is the reason Judge Engoron cited for not cancelling the Trumps’ business certificates. “The court’s decision to impose governing requirements [on Trump’s businesses] makes the injunction more likely to survive appeal,” Thomas said. First, at the Appellate Division and then at the New York State Court of Appeals.

Persons: Donald Trump, Trump, Donald Jr, Eric, — Trump, Judge Arthur Engoron, Letitia James, “ Trump, ”, Will Thomas, Ross, James, David Cay Johnston, Engoron, “, ” Thomas, can’t, It’s, it’s, recently, Jean Carroll, Thomas, he’s, Johnston Organizations: New, New York CNN, Trump Organization, New York, New York State, University of Michigan’s Ross School of Business, Trump, Independent Monitor, Appellate Division, of Appeals Locations: New York, New York State, ”

European leaders have paid tribute to jailed Russian opposition leader Alexei Navalny following reports of his death in prison on Friday. It is terrible that a courageous, fearless voice that stood up for his country has been silenced by terrible methods." Meanwhile, President of the European Council Charles Michel wrote in a post on X: "Alexey Navalny fought for the values of freedom and democracy. President of the EU Commission, Ursula von der Leyen, said she was "deeply disturbed and saddened" by news of the death of Navalny. "Navalny fought for democratic values and against corruption.

Persons: Alexei Navalny, Olaf Scholz, Navalny “, Scholz, Angela Merkel, Navalny, Charles Michel, Alexey Navalny, Ursula von der Leyen, Putin, Mark Rutte Organizations: European, EU Commission Locations: Russian, Russia, Germany, Soviet, Siberian, Omsk, Berlin, Berlin’s Charite

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