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Giuliani also told his bank to turn over at least $30,000 in a bank account, according to a Friday court filing. If Giuliani didn’t give up the full list of items ordered by a judge last month, he could be held in contempt of court. Giuliani has indicated in court proceedings one watch is from his grandfather and two others were gifts from European leaders after the September 11, 2001, attacks. The pair are also still fighting in court to try to win his $3.5 million Palm Beach, Florida, condo and four Yankees World Series rings from the 1990s and 2000. Giuliani is still arguing he should be able to keep living in the Palm Beach condo and Manhattan apartment, and that he gave the World Series rings to his son years ago.
Persons: CNN — Rudy Giuliani, Giuliani, Joseph Cammarata, Ruby Freeman, Shaye Moss, Donald Trump, Moss, Ted Goodman, Goodman, he’s, ” Goodman, Freeman, Giuliani’s, , ” Cammarata, Rudolph Giuliani, Lauren Bacall, CNN’s Kara Scannell, Emily Condon Organizations: CNN, Benz, FedEx, Beach, Yankees, Freeman, Mercedes Locations: New York City, Georgia, New York, Florida, Staten Island, Long, York, Beach , Florida, Palm, Manhattan, Palm Beach
David, who has maintained his innocence, was acquitted at trial earlier this year of the most serious charges — first- and second-degree murder. David told investigators he didn’t know about Karen’s second phone, but authorities found the device’s number programmed into David’s work phone, the prosecutor said. At the time of Karen’s death, David had reinjured his knee and was on crutches, Taylor said. (Goodman accused David of faking the reinjury and said he was seen moving hay bales the day before the killing.) David is innocent, Ashley said, and she believes her father is being falsely imprisoned while awaiting a new trial.
Persons: Ashley Swift, David Swift, , Karen Swift’s, Ashley, David Swift's, Dyer, David, Weeks, , , I’ve, Karen, Danny Goodman, Terry McCreight, They’d, Ashley —, She’d, she’d, Karen Swift, ” Ashley, Jeff Box, Karen Swift's, Goodman, McCreight, ” McCreight, David a, ” Goodman, Prosecutors, Tim Boxx, ” Boxx, Daniel Taylor, Taylor, who’d, acquitting David Organizations: “ Dateline, , “ Dateline ”, Dateline Authorities, Swifts Locations: Dyersburg, Memphis, Dyer County, Dyer, Alabama,
Every workday, on his early-morning drive to his job overseeing a warehouse in northern New Jersey, Sean Murphy takes in the frenetic scene of the busiest port on the East Coast. Towering cranes lift shipping containers off vessels newly arrived at Newark from points around the globe. Mile-long freight trains pull cargo to and from the docks. Belching trucks clatter down the highway, hauling containers to distribution centers from Maine to Florida. Here was a visual encapsulation of the challenge confronting the global economy: cargo marooned, commerce frozen and no clarity on when normalcy will return.
Persons: Sean Murphy, dockworkers, Murphy Locations: New Jersey, East Coast, Newark, Maine, Florida, East Coasts
Ricaurte Vásquez Morales is a man obsessed with water. An app on his phone displays the fluctuating level of Lake Gatún, the artificial reservoir that is the centerpiece of the Panama Canal system. Mr. Vásquez Morales is the administrator of the Panama Canal, which is both the economic heart of his isthmus nation and a central artery for global trade. Last year, a drought dropped the lake to critical levels, prompting canal authorities to limit traffic. At the worst point, in December, only 22 ships a day were allowed to pass through the canal, down from the usual 36 to 38.
Persons: Ricaurte Vásquez Morales, , Vásquez Morales Organizations: Atlantic Locations: Gatún, Panama, Asia, East Coast, United, Central American
The Changing Supply Chain
  + stars: | 2024-08-12 | by ( Peter S. Goodman | ) www.nytimes.com   time to read: +1 min
For decades, major companies have behaved as if geographic distance were almost irrelevant. A factory in China was the same as a factory in Michigan. The pandemic and geopolitical upheavals have exposed the risks of depending on faraway industry to make critical things like computer chips, protective gear and medicines. The pandemic shockThe emergence of Covid in China ended the previous version of globalization. Quarantines shut Chinese factories at the same time that Western consumers, stuck in lockdown, ordered more manufactured goods like exercise equipment and electronic gadgets.
Persons: Quarantines Locations: China, Michigan
On a sweltering morning at a truck yard in the northern Indian state of Haryana, he climbed into the cab of his 10-wheel tractor-trailer, started the engine and rumbled slowly onto the highway. Mr. Khan, 49, is a driver for Chetak Logistics, a major Indian trucking company. He stopped every couple of hours at roadside tea stands and restaurants, devouring snacks and chatting with other truck drivers. “I drive in a very leisurely manner,” Mr. Khan said. What’s the hurry?”For those who earn their living navigating the unpredictable highways of India, Mr. Khan was voicing an unimpeachably sensible mantra.
Persons: Ragib Khan, Khan, Mr, Organizations: Chetak Logistics Locations: Haryana, Indian, Bengaluru, India
Giuliani only appears to have a portion of that amount in his personal bank account, which keeps being depleted to pay other bills, Wednesday’s federal court proceedings in White Plains, New York, revealed. Giuliani has been slow to disclose what cash he has on hand in liquid accounts, and hasn’t been fully transparent, the judge has found. Last Friday, Giuliani’s bankruptcy protection ended, and creditors such as the 2020 election workers Ruby Freeman and Shaye Moss ​are now able to pursue his $10 million net worth. He told Giuliani’s lawyers they had until Thursday at “high noon; that’s appropriately theatrical” ​to notify the court of a plan for Giuliani to resolve his bills. “If your client persists in this course of action, there are a lot of bad things that can happen,” Lane told Giuliani’s attorneys on Wednesday.
Persons: CNN — Rudy Giuliani, Giuliani, hasn’t, Rachel Strickland, , ” Strickland, Ruby Freeman, Shaye Moss, Moss, Freeman, , , Sean Lane, Lane, ” Lane, Heath Berger, Gary Fischoff, Donald Trump, CNN’s Kaitlan Collins, Ted Goodman, Giuliani “, Goodman, ” Trump Organizations: CNN, Republican National Convention, New, Amazon, Apple, Giuliani, Milwaukee, GOP, New York’s LaGuardia Locations: White Plains , New York, Georgia, New York City, York, Florida, Milwaukee, New York, Palm Beach , Florida, New
The first presidential debate of 2024 between President Biden and former President Donald J. Trump offers both men the rare chance to tilt the direction of a race that has so far been defined by its stability. Credit... Kenny Holston/The New York Times
Persons: Biden, Donald J, Kenny Holston Organizations: Trump, New York
Melissa & Doug had a situation. For decades, the American toy brand had leaned heavily on factories in China to make its products — wooden puzzles, stuffed animals, play mats. Melissa & Doug was eager to shift some production to other countries. The Melissa & Doug executive was surprised to see that the plant could make high-quality wooden toys, at prices comparable to those in China. Late last year, Sunlord completed its first batch of products for Melissa & Doug, a modest order of about 10,000 items, and now is cranking out 25,000 per month.
Persons: Melissa, Doug, Donald J, Trump, Biden, Sunlord Locations: China, Washington, Beijing, Greater Noida, New Delhi
Stephanie Loomis had hoped that the chaos besieging the global supply chain was subsiding. The multiplying costs of moving freight. Over the last few months, she has watched cargo prices soar as a series of disturbances have roiled the seas. That prompted ships to avoid the waterway, instead moving the long way around Africa, lengthening their journeys by as much as two weeks. Then, a severe drought in Central America dropped water levels in the Panama Canal, forcing authorities to limit the number of ships passing through that crucial conduit for international trade.
Persons: Stephanie Loomis, Loomis, Houthi Organizations: Americas, Rhenus Logistics Locations: Germany, Yemen, Suez, Asia, Europe, East Coast, United States, Africa, Central America, Panama
Was Global Trade a Mistake?
  + stars: | 2024-06-19 | by ( Matthew Zeitlin | ) www.nytimes.com   time to read: +1 min
ONE WEEK TO CHANGE THE WORLD: An Oral History of the 1999 WTO Protests, by DW GibsonHOW THE WORLD RAN OUT OF EVERYTHING: Inside the Global Supply Chain, by Peter S. GoodmanOn a cold November morning in 1999, Harold Linde, a member of the Rainforest Action Network, was trying to hang an enormous sign from a construction crane hundreds of feet in the air over downtown Seattle. Loosely attached to a rope, he rappelled off the crane, lost control and began to plummet. Linde might have died, but thanks to the Ruckus Society, a nonprofit that trains activist groups, he knew to rip off his frictionless fleece gloves, grab onto the rope with his bare hands and wait for his colleagues to help him back up. After some spiritual assistance from “a circle of pagan witches on the ground” who were “sending prayers up,” Linde and his friends succeeded in unfurling a 100-pound banner. It showed two arrows pointing in opposite directions, one labeled “DEMOCRACY” and the other “W.T.O.”This stunt, which kicked off the Battle of Seattle, a protest of the third ministerial meeting of the World Trade Organization, captures the combination of high idealism, drama, detailed organization, radicalism and public relations savvy that defined a movement against the rising tide of globalization in the decades after the Cold War.
Persons: DW Gibson, Peter S, Goodman, Harold Linde, ” Linde, Organizations: Rainforest Action, Linde, Ruckus Society, World Trade Organization Locations: Seattle, , unfurling
Amid the whirlwind of activity, the 51-year old, Israel-born executive has presented himself as a real estate visionary with a personal preference for all-black attire and a taste for luxury brands. BVK recently hired the residential brokerage firm Corcoran Group to complete a market study of the Fifth Avenue project, a person who viewed the report said. Miller noted he did not have direct knowledge of the situation at 685 Fifth Avenue. At 685 Fifth Avenue, he recently marked down prices for some of the units. In contrast, the Shore Club, which is being built by the New York real estate developer Steve Witkoff just a few hundred yards away from the Raleigh has pre-sold briskly.
Persons: , Michael Shvo, Shvo, Peter Marino, Norman Foster, Renzo Piano, BVK, Corcoran, Jonathan Miller, Miller Samuel, Miller, Pam Liebman, Corcoran's, Truist, Michael Lirtzman, Akuna, Lirtzman, I've, Scott Wadler, Wadler, Jed Jacobsohn, John Goodman, Diane, , Goodman, profanely, Serdar, Shvo's, Bilgili, Deutsche Finance didn't, Alex Miranda, I'm, Steve Witkoff, Morgan Chase Organizations: Service, Bayerische, Deutsche Finance, Business, GFI, Group, Shvo, Wabash, Akuna, Colliers, Wabash –, Raleigh, Core, New York State, Noë, Associates, West, Bilgili, BVK, Shore Club, New Locations: New York, Manhattan's Plaza, Los Angeles, Miami Beach, Raleigh, Israel, Wilshire, LA, Manhattan, Chicago, Miami, Paris, South Florida, San Francisco, Manhattan's, Turkish, BVK, Wabash, Shvo, Munich
Amid the whirlwind of activity, the 51-year old, Israel-born executive has presented himself as a real estate visionary with a personal preference for all-black attire and a taste for luxury brands. BVK recently hired the residential brokerage firm Corcoran Group to complete a market study of the Fifth Avenue project, a person who viewed the report said. Miller noted he did not have direct knowledge of the situation at 685 Fifth Avenue. At 685 Fifth Avenue, he recently marked down prices for some of the units. In contrast, the Shore Club, which is being built by the New York real estate developer Steve Witkoff just a few hundred yards away from the Raleigh has pre-sold briskly.
Persons: , Michael Shvo, Shvo, Peter Marino, Norman Foster, Renzo Piano, BVK, Corcoran, Jonathan Miller, Miller Samuel, Miller, Pam Liebman, Corcoran's, Truist, Michael Lirtzman, Akuna, Lirtzman, I've, Scott Wadler, Wadler, Jed Jacobsohn, John Goodman, Diane, , Goodman, profanely, Serdar, Shvo's, Bilgili, Deutsche Finance didn't, Alex Miranda, I'm, Steve Witkoff, Morgan Chase Organizations: Service, Bayerische, Deutsche Finance, Business, GFI, Group, Shvo, Wabash, Akuna, Colliers, Wabash –, Raleigh, Core, New York State, Noë, Associates, West, Bilgili, BVK, Shore Club, New Locations: New York, Manhattan's Plaza, Los Angeles, Miami Beach, Raleigh, Israel, Wilshire, LA, Manhattan, Chicago, Miami, Paris, South Florida, San Francisco, Manhattan's, Turkish, BVK, Wabash, Shvo, Munich
The Floating Traffic Jam That Freaked Us All Out
  + stars: | 2024-06-02 | by ( Peter S. Goodman | ) www.nytimes.com   time to read: 1 min
Southern California appeared to be under siege from a blockade. Rubberneckers flocked to the water’s edge with binoculars, trying to count the ships that stretched to the inky horizon. This was what it looked like when the global economy came shuddering to a halt. It was October 2021, and the planet had been seized by the worst pandemic in a century. Basic geography itself seemed reconfigured, as if the oceans had stretched wider, adding to the distance separating the factories of China from the superstores of the United States.
Locations: Southern California, Los Angeles, Long Beach, Calif, China, United States
HTRB saw a total return last year of 7.15%, and ranked in the 23rd percentile among its peers, according to Morningstar. The portfolio has 51% of its assets in mortgage-backed securities and 25% in investment-grade credit, according to the fund's website. Compared to many of its peers in the intermediate core plus bond Morningstar category, Hartford Total Return Bond ETF leans a bit more on securitized markets instead of investment-grade corporate debt, according to Morningstar. Finding opportunities Right now, one of the areas Goodman sees value in is agency mortgage-backed securities. Goodman also likes structured finance right now, like collateralized loan obligations, commercial mortgage-backed securities and nonagency residential mortgage-backed securities.
Persons: Campe Goodman, Morningstar, Goodman, HTRB, Morningstar . Goodman, Mike Mulach, Bonds, Fitch Organizations: Hartford, SEC, Wellington, Bloomberg U.S, Morningstar, BB, Poor's, Federal Reserve Locations: Wellington, Eastern Europe
Kimberly Jolasun, a 32-year-old entrepreneur in Atlanta, has never voted for the Republican candidate for the presidency. Not yet profitable, her company needs financing to grow. Banks want to charge her interest as high as 14 percent for business loans. The interest rate on the credit card debt she used to start the company has spiked to 25 percent, tripling her monthly payments. But she assumes that his Republican opponent, former President Donald J. Trump, is more in tune with the needs of business owners.
Persons: Kimberly Jolasun, Banks, Jolasun, Biden, Donald J, Trump Organizations: Republican, Technology, Federal Reserve Locations: Atlanta, Silicon Valley, Austin , Texas, Georgia
They were there to plan for the reconstruction and long-term economic development of Gaza. Gaza was under relentless bombardment by Israeli military forces in response to terrorist attacks launched by Hamas in October. Communities throughout the territory were being reduced to rubble, and tens of thousands of people had been killed. The group included senior officials from American and European economic development agencies, executives from Middle Eastern finance and construction companies, two partners from the international consulting firm McKinsey & Company, and a managing director of the World Economic Forum. Officially, they were attending only as individuals, not as representatives of their institutions.
Organizations: Middle, McKinsey & Company, Economic Locations: London, East, Europe, United States, Gaza
Why It’s So Expensive to Live in Phoenix
  + stars: | 2024-03-29 | by ( Peter S. Goodman | ) www.nytimes.com   time to read: +1 min
In the five years since they began their life together in the desert sprawl of greater Phoenix, Devon Lawrence and Eren Mendoza have bounced from one itinerant home to another. They have camped alongside a freeway off-ramp, using a gas station sink as their bath and a plastic tarp as their refuge from the relentless sun. For the last two years, they have crammed into rooms at motels, paying as much as $650 a week. Ms. Mendoza and Mr. Lawrence are both 32, and both have jobs. Yet they have been stymied in their reach for a modest dream: They cannot find an affordable home in a safe neighborhood in Phoenix, where rents have roughly doubled over the last decade.
Persons: Devon Lawrence, Eren Mendoza, Mendoza, Lawrence, Ms, , Organizations: Mr Locations: Phoenix
Between swirling geopolitical winds, the variables of climate change and continued disruptions resulting from the pandemic, the risks of depending on ships to carry goods around the planet were already conspicuous. The pitfalls of relying on factories across oceans to supply everyday items like clothing and critical wares like medical devices were at once vivid and unrelenting. Off Yemen, Houthi rebels have been firing missiles at container ships in what they say is a show of solidarity with Palestinians in the Gaza Strip. In Central America, a dearth of rainfall, linked to climate change, has limited passage through the Panama Canal. That has impeded a crucial link between the Atlantic and the Pacific, delaying shipments to the East Coast of the United States from Asia.
Organizations: Atlantic, Pacific Locations: Baltimore, Patapsco, American, Yemen, Gaza, Suez, Asia, Europe, Africa, Central America, Panama, East Coast, United States
That yielded a pay raise of 25 percent over the next four years, easing the pain of reductions that she and other union workers swallowed more than a decade ago. But as Ms. Simmons, 38, contemplates prospects for the American auto industry in the state that invented it, she worries about a new force: the shift toward electric vehicles. The Biden administration has embraced electric vehicles as a means of generating high-paying jobs while cutting emissions. It has dispensed tax credits to encourage consumers to buy electric cars, while limiting the benefits to models that use American-made parts. But autoworkers fixate on the assumption that electric cars — simpler machines than their gas-powered forebears — will require fewer hands to build.
Persons: Tiffanie Simmons, S.U.V.s, Simmons, President Biden, Biden, Mr Organizations: Ford Motor, United Automobile Workers Locations: Detroit
There's been a lot of chatter about the mental health crisis since the Covid-19 pandemic. Attention to a long-time crisis The mental health crisis is nothing new. However, there has also been a growing awareness and acceptance of mental health illnesses over the past decade, said Canaccord Genuity analyst Richard Close. "There's been recognition that mental health has a significant impact on a person's overall health," he said. "This is the mental health moment," said Dr. Ken Duckworth, NAMI's chief medical officer and author of "You Are Not Alone: The NAMI Guide to Mental Health."
Persons: There's, Covid, Peter Micca, AbbVie, Emraclidine, Myers Squibb, Karuna, Marc Goodman, Canaccord, Richard Close, MacKenzie Scott, Ken Duckworth, NAMI, Deloitte's Micca, William Blair, Myles Minter, Minter, Auvelity, Leerink's Goodman, Ashwani Verma, Verma, Goodman, BioHaven, Cerevel, Neumora, tardive, David Song, BetterHelp, psychedelics Johnson, Johnson, Spravato, Blair's Minter, Axsome, Micca, Michael Bloom Organizations: Institute for Health Metrics, Deloitte, Cerevel Therapeutics, Karuna Therapeutics, Bristol Myers, Leerink Partners, Centers for Disease Control, National Alliance, Mental, Mental Health, Wall Street, Therapeutics, Neumora Therapeutics, UBS, Karuna, Cellular Therapies, Xenon Pharmaceuticals, Neurocrine Biosciences, Acadia Pharmaceuticals, Tema Neuroscience, Axsome Therapeutics, Acadia Healthcare, BetterHelp, CNBC, pharma, Cellular Locations: Covid, Bristol, XEN1101, Acadia, Tema
John Goodman's favorite Coen brothers movie is "Barton Fink" but he feels he could have done better in certain scenes. "A couple of things make me cringe," he told Business Insider. AdvertisementOf all the Coen brothers movies John Goodman has starred in, he says his favorite is 1991's "Barton Fink." In a recent chat for Business Insider's "Role Play" series, Goodman, 71, said he'd "love another shot" at "Barton Fink." This story is available exclusively to Business Insider subscribers.
Persons: John Goodman's, Coen, Barton Fink, he'd, Babe Ruth, , John Goodman, Goodman, John Turturro Organizations: Service, Business Locations: New York, Los Angeles
Major League Baseball owners unanimously voted in November to approve the relocation of the A’s out of the Bay Area, where they have played since 1968, to Las Vegas. The team’s lease at Oakland-Alameda County Coliseum ends following the 2024 season, and the franchise is set to start playing baseball in Nevada in 2028 in a new stadium on the Las Vegas Strip at Las Vegas Boulevard and Tropicana Avenue, on the site of the Tropicana hotel. Fans sit behind signs referencing plans for the Oakland Athletics to move to Las Vegas during a game against the Atlanta Braves at RingCentral Coliseum on May 29, 2023. Loren Elliott/Getty ImagesBut when the owners chose the nine-acre Tropicana site, Goodman said: “I thought, ‘This doesn’t make sense. She added: “And then I thought because they really want to stay in Oakland.
Persons: Carolyn Goodman isn’t, , they’ve, ” Goodman, Goodman, FOS, Loren Elliott, , Rob Manfred, John Fisher, 3dOXfFuq3d, Carolyn G Organizations: CNN, Las Vegas, Oakland Athletics, Front Office, Tropicana, Major League Baseball, Oakland, Alameda County, Las, Atlanta Braves, RingCentral Coliseum, MLB, Raiders, Golden Knights, Aces, NFL’s Raiders, Athletics Locations: Sin City, Oakland, Bay, Las Vegas, Nevada, Las, , , Vegas
Before the pandemic brought everyday life to a halt, Joe Kiele supported himself through the industry that dominates Nevada’s economy. Four years later, Mr. Kiele, 49, remains in Reno, yet he now spends his workday inside a factory. In place of worrying about the doneness of a customer’s rib-eye, he trains people on the proper handling of industrial chemicals. It extracts critical minerals like nickel, lithium, copper and cobalt, and uses them to manufacture components for electric vehicle batteries. In recent years, they have tried to secure investment from companies engaged in the transition toward green energy.
Persons: Joe Kiele, Kiele, Nevada’s Organizations: Reno ., Redwood Locations: Reno
Toni Irizarry recognizes that the economy has improved. Compared with the first wave of the pandemic, when Las Vegas went dark, and joblessness soared to levels not seen since the Great Depression, these are days of relative normalcy. Ms. Irizarry, 64, oversees a cafe at the Orleans Hotel and Casino, a property just off the Las Vegas Strip that caters mostly to locals. Guests have returned, filling the blackjack and roulette tables amid the cacophony of jingling slot machines — the sound of money. Her paychecks have allowed her to purchase a home, raise three children and buy each of them their first car.
Persons: Toni Irizarry, Irizarry Organizations: Las Vegas, Orleans, Vegas Locations: Casino
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