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CNN —Two Georgia election workers who won a massive verdict against Rudy Giuliani because he defamed them after the 2020 election are asking a federal judge to hold him in contempt of court. The pair, Ruby Freeman and Shaye Moss, say Trump continues to repeat harmful lies about them on his nightly broadcast, in defiance of court orders. Accordingly, the Court should hold him in contempt and enter civil contempt sanctions,” Freeman and Moss’ lawyers wrote to Judge Beryl Howell in the DC District Court. Howell presided over the trial where a jury found Giuliani defamed Freeman and Moss so severely that he should pay them $150 million. He has already lost his law license because of his work for the Trump campaign in 2020, which included his efforts in Georgia.
Persons: Rudy Giuliani, Donald Trump, Ruby Freeman, Shaye Moss, Trump, , Rudolph W, Giuliani, ” Freeman, Moss, Beryl Howell, , Joseph R, We’re, That’s, ” Cammarata, Howell, Freeman, Anderson Cooper, Jeffrey Toobin, CNN’s Max Rego, Emily Condon Organizations: CNN, DC, Court, Trump, Wednesday, Giuliani, Locations: Georgia, Manhattan, United States, Washington , DC, York, Florida
Spirit Airlines said Monday it has filed for Chapter 11 bankruptcy protection after struggling with losses, growing debt and a failed merger during the post-pandemic travel lull. The deal comes with a commitment of $350 million in equity investment from bondholders, which it said equates to $795 million of outstanding debt. The company's share price fell from £3.22 to $1.15 last week after the Wall Street Journal reported it was preparing to file for bankruptcy protection, closing on $1.07 on Friday. Spirit said last month it would cut jobs and sell 23 older planes in a bid to save $80 million. Industry analysts said at the time that the court's decision left Spirit with few options but to face a likely restructure and bankruptcy.
Persons: , Ted Christie, Christie, Spirit Organizations: Spirit Airlines, Company, , Wall Street, U.S, JetBlue, Industry Locations: , Florida
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
Rivian Automotive and Volkswagen Group have released details of their previously announced joint venture ahead of the operations launching Wednesday. The name of the joint venture, which was expected to close during the fourth quarter, is "Rivian and VW Group Technology, LLC." At the closing of the joint venture, VW will invest about $1.3 billion "as consideration for background IP licenses and a 50% equity stake in the joint venture." The joint venture will be headed by Rivian Chief Software Officer Wassym Bensaid and VW Group Chief Technical Engineer Carsten Helbing. The companies said developers and software engineers from both companies will join the joint venture.
Persons: Oliver Blume, RJ Scaringe, We're, Rivian, Scaringe, Wassym, Carsten Helbing Organizations: Volkswagen Group, Rivian Automotive, VW, Volkswagen, VW Group Technology, Rivian, VW Group Locations: Rivian, Normal , Illinois, Georgia, Palo Alto , California, North America, Europe
Insider Today: Rethinking supplements
  + stars: | 2024-11-09 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +7 min
On the agenda:But first: Inside the vacation-home tax drama in South Lake Tahoe. Brandon Olafsson/ ShutterstockFor Amanda Yen, a Business Insider fellow, her grandparent's vacation home in South Lake Tahoe is "the stuff of legend." However, a proposed annual tax measure on last Tuesday's ballot that was voted down by local residents made her family question whether they'd keep their house. What's been the initial reaction from second homeowners now that Lake Tahoe locals voted against Measure N? AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: , Brandon Olafsson, Amanda Yen, she'd, they'd, Amanda, What's, Amelia Richmond, Kamala Harris, they're, Steve Teshara, Rebecca Zisser, Jenny Chang, Rodriguez, Ivan, Fido Carl Godfrey, Natalie Ammari, Smart Ray, Ray, We've, Dan DeFrancesco, Grace Lett, Lisa Ryan Organizations: Business, Service, BI Cruises, BI, Paramount Network, tote Locations: Atlanta, peachy, South Lake Tahoe, South Lake, Lake Tahoe, Vietnam, Cambodia, New England, New York City, New York
Rudy Giuliani has yet to surrender any of the valuables he was ordered to turn over to the two election workers he defamed, their lawyers say — including the Mercedes he was spotted riding around in Tuesday in Palm Beach, Florida. That includes some of Giuliani's prized Yankees memorabilia, including a signed Joe DiMaggio jersey and an autographed Reggie Jackson picture. Citing Nathan's allegations, Liman on Tuesday ordered Giuliani to appear before him in New York on Thursday, and rejected a request from Giuliani's lawyer that the hearing be held remotely or in-person next week. He also said that Freeman and Moss were trying to leave the former New York City mayor "penniless and homeless," and that Giuliani wasn't being evasive. "Mayor Giuliani has made available his property and possessions as ordered.
Persons: Rudy Giuliani, Mercedes, Donald Trump, Lauren Bacall —, Giuliani, Ruby Freeman, Wandrea, ” Moss, District Judge Lewis Liman, Aaron Nathan, Freeman, Moss, Giuliani's, Joe DiMaggio, Reggie Jackson, Nathan, Liman, Ted Goodman, haven't, Mayor Giuliani, Goodman, Trump's Organizations: Trump, Benz, U.S, District, Madison, Yankees, New, New York City, D.C Locations: Palm Beach , Florida, Giuliani's New York, Florida, New York, Washington, Arizona, Georgia
They are also trying to take possession, at the court’s direction, of Giuliani’s 26 luxury watches and a 1980 Mercedes-Benz he kept in Florida. The expensive furniture Giuliani had used in real estate photos of the property earlier this year was moved out four weeks ago, he said. Josh Ritchie/Bloomberg/Getty Images“We note that broadcasts, such as those described above, currently provide Mr. Giuliani’s only source of earned income,” Giuliani’s attorney, Kenneth Caruso, told the court. Moss and Freeman’s team have already complained to the judge about Giuliani using the car on Tuesday, submitting to the court the photos. Separately, Giuliani’s lawyers say the property that was in the Manhattan apartment is now in a storage facility on Long Island, but Freeman and Moss’ team say they are struggling to get access to the items there, too.
Persons: CNN — Rudy Giuliani, Donald Trump, Ruby Freeman, Shaye Moss –, Giuliani, , ” Freeman, Moss, Aaron Nathan, haven’t, Nathan, ” Nathan, Judge Lewis Liman, Giuliani’s, New York can’t, Rudy Giuliani, Josh Ritchie, , Kenneth Caruso, , Mike Lindell, Lauren Bacall, Freeman, Ted Goodman Organizations: CNN, Benz, Mandel Community, Bloomberg, Getty, Republican National Convention, Trump, Mercedes, Hollywood, Fire Department of New York, Yankees Locations: Florida, New York, Manhattan, Palm Beach, Palm Beach , Florida, Madison, Long
Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries will file for insolvency in the coming days. The German aerospace startup's shares plunged more than 60% before paring losses to 45% following the news. Lilium was seeking to raise 50 million euros ($54 million) of loans from the state coffers, however its request was rejected by lawmakers. In all, Lilium was trying to raise a convertible loan of 100 million euros. The subsidiaries' planned insolvency filings could result in Lilium ultimately delisting from the Nasdaq Global Select Market, or having its shares suspended.
Persons: Lilium, KfW Organizations: Nasdaq, Lilium GmbH, Lilium, Company Locations: Germany, Bavaria, Bavarian, foreclosing
It found that standing for more than two hours a day may increase the risk of circulation issues. AdvertisementA few months into the pandemic, my husband bought us a convertible standing desk. We made small talk about how our new standing desks helped with our posture and prevented us from sitting all day. While some of my colleagues felt more energized standing at their desks for three hours, I did not. Ultimately, it suggests that if you're using a standing desk to feel more active and boost your health, the trick is to actually use it to move more, frequently standing and sitting.
Persons: , who've Organizations: Service, University of Sydney Locations:
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Spirit Airlines on Friday said it reached an agreement with its credit card processor to again extended a debt refinancing timeline to December, hours before it was set to hit its deadline. Spirit said in a filing late Friday that earlier this week it drew down the entirety of its $300 million revolving credit facility and expects to end the year with just over $1 billion in liquidity. The deadline was previously set in September and had been extended until Oct. 21 before the Friday change. The airline's stock closed at a new low Friday, down roughly 3%, at less than $1.50 per share.
Persons: Spirit, Perella Weinberg Organizations: Spirit Airlines, Austin, Bergstrom International Airport, Pratt & Whitney, JetBlue Airways, Street Journal, Perella Weinberg Partners Locations: Austin , Texas, Miramar , Florida
The all-new 2024 Mercedes-Benz CLE Cabriolet replaces the defunct C-Class and E-Class convertibles. Go to newsletter preferences Thanks for signing up! The Germany-based automaker has remained committed to convertibles, offering them on variants of its C-Class, E-Class, S-Class, and AMG-GT supercar in addition to the SL Roadster in recent years. This year, Mercedes-Benz consolidated its convertible lineup to just two models, the CLE and SL. The four-seat CLE Cabriolet, which combines the former C-Class and E-Class convertibles, is all-new for 2024.
Persons: Organizations: Benz, Service, SL Locations: Germany
Get Life Insurance Quotes Compare affordable life insurance options with Policygenius. Mutual of Omaha Indexed Universal Life Insurance: Another type of permanent life insurance, indexed universal life insurance policies carry flexible, lifelong coverage. Compare Mutual of Omaha Life InsuranceLearn more about how Mutual of Omaha Life Insurance compares to top life insurance providers. Mutual of Omaha Life Insurance vs. New York LifeQualifying New York Life Insurance customers can convert its policies to permanent life insurance. Mutual of Omaha Life Insurance FAQDoes Mutual of Omaha offer life insurance for seniors?
Persons: you'd, Hannah Van, Sickle, Hannah, Read, Evelyn Organizations: Mutual, Business, Omaha Life Insurance, Nebraska's Creighton University, Fortune, Insurance, Omaha Life, Get, Policygenius, Cons Mutual, Express, Omaha Universal Life, Life Insurance, Better, National Association of Insurance, Farm, Nationwide, York, York Life, New York Life, Plus, New York, . Northwestern Mutual Northwestern Mutual Life Insurance, Northwestern Mutual, Globe, Globe Life, Life, Chevron, Omaha, Berkshire, Berkshire Edge, Personal Finance Locations: Omaha, New, New York, York, Chevron, CA, LA, NH, NY, NC, WI, Berkshires, Massachusetts, Refinery29
At the top of our list: a new Coach Tabby Bag, which is now within reach thanks to Amazon's deep discounts on select colorways. There's an impressive array of other Coach bags on sale during the event, including totes, shoulder bags, and crossbody bags. The best Amazon Prime Day deals on Coach TabbysThe Tabby has enough hype as it is. Coach Tabby Shoulder Bag 20 $276.50 $395.00 Save 30% Taking over TikTok and celebrity wardrobes, the Coach Tabby is the bag of the moment. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for the full selection.
Persons: it's, whatever's, Tabbys, wardrobes, Tabby, Jelly Tabby, Women's Tabby, Cara Satchel, satchel, It's, Cassie, Heusen, Anne Klein Organizations: Business, Amazon, Sports
Internet personality Jack Doherty crashed his $200,000 McLaren during a livestream this weekend after appearing to look at his phone while driving in the rain. A YouTuber with nearly 15 million subscribers, Doherty, 20, is known online for his controversial prank videos and wealth flaunting. Doherty also shared clips of the aftermath, including a video of him screaming for help inside the vehicle immediately after the crash. Doherty also shared a clip of the two sitting in a hospital room, where his cameraman was getting stitches on his head. While driving his brand-new convertible for the first time, Doherty joked in the video that he’s going to “crash this car, mark my words.”
Persons: Jack Doherty, Doherty, , “ Michael, Michael, , McLaren, ” Doherty Organizations: McLaren, , YouTube, Lamborghini
My husband and I took our three teens, plus a boyfriend, on a six-day road trip. AdvertisementWhen I picture a road trip, I see images of two carefree people in a convertible traversing Route 66. A road trip with kids, however, is a different experience, especially when those kids are teenagers. There's a lot of perks to taking a road trip with teens. Our trip may not have been a carefree convertible ride, but it was a road trip we will all remember.
Persons: , I'm, Tim Hortons, Hornblower Organizations: Service, Niagara Parks Power, New, KFC, Corning Glass Museum, Watkins Glen, Watkins Glen State Locations: Connecticut, Canada, New York, Niagara Falls, Fallsview, Syracuse, Niagra, Savona , NY, Corning , NY, Wendy's
Warning: This article contains some spoilers for the show “Grotesquerie.”Travis Kelce made his acting debut Wednesday night as a flirtatious hospital attendant in Ryan Murphy’s “Grotesquerie,” a role that saw him court the protagonist into a budding affair. Aside from Kelce, the show also stars Courtney Vance, Lesley Manville, Nicholas Alexander Chavez and Raven Goodwin. Following mounting fan anticipation, Kelce finally appears in the show as Ed Laclan, a hospital orderly who gradually flirts his way into a date with Lois. As he and Lois strike up a playful conversation, Ed tells the detective, “You are oddly beautiful. Lois gets back on the road only to end up crashing her car and waking up back in the hospital.
Persons: ” Travis Kelce, Ryan Murphy’s “, , Taylor Swift —, Lois Tryon, Niecy Nash, Betts, Megan, Micaela Diamond, Courtney Vance, Lesley Manville, Nicholas Alexander Chavez, Raven Goodwin, Kelce, Ed Laclan, Lois, Redd, Ed, , she’s, ” Ed, haven’t, Jason Kelce, hadn’t, Donna Kelce, he’ll, Murphy, Kelce’s, Travis, ” Murphy, “ Everybody’s, ” Kelce Organizations: Kansas City Chiefs, Manville, Chiefs, NFL, FX, New Locations: , New York
Snowflake — Shares of the data cloud company fell 3% after Snowflake announced a proposed private placement of $2 billion of convertible senior notes . In the first fiscal quarter, AAR reported adjusted earnings of 85 cents per share, up 9% from the year-ago period. Revenue came in at $661.7 million , up 20% from the prior year. GameStop — Shares advanced nearly 1% after the company completed its " at-the-market" equity offering program of 20 million shares for aggregate gross proceeds of around $400 million. GameStop had previously disclosed the ATM program earlier this month.
Persons: Snowflake, Donald Trump, , Nick Wells Organizations: AAR, Revenue, GameStop, Deere Locations: Mexico
Stocks ranging from L3Harris to Burlington could benefit from either a Trump or Harris victory this fall, according to Barclays. The analyst highlighted several overweight-rated stocks the firm expects are best-positioned to benefit from either a Trump or Harris election victory. Defense contractor L3Harris Technologies is another Trump election play. The stock, which is up about 9.1% this year, could gain another 15.4%, according to Barclay's price target. Barclays' price target of $327 implies 20.6% potential upside.
Persons: Harris, Terence Malone, Malone, Donald Trump, Kamala Harris, Trump, Gary Gensler, Bitcoin, Bernstein, Centene, bode, homebuilder D.R, Horton Organizations: Trump, Barclays, Bitcoin, Securities, Exchange, Liberty, Wednesday, Defense, L3Harris Technologies, UnitedHealth, Biden, Democratic Party, Affordable, Burlington Locations: L3Harris, Burlington, Nashville, MicroStrategy, U.S, It's
7:03 a.m.: Bernstein cuts price target on Nike amid innovation critiques Bernstein sees slightly less room for Nike to rebound. — Alex Harring 6:25 a.m.: Jefferies recommends buying NextEra Energy Partners despite buyout concern Jefferies came out of the gates optimistic on NextEra Energy Partners . Analyst Julien Dumoulin-Smith initiated coverage of the Florida-based renewable energy stock at a buy rating. — Alex Harring 5:54 a.m.: AI helps HubSpot compete, BofA says Bank of America is keeping an eye of HubSpot's artificial intelligence work. — Alex Harring 5:46 a.m.: JPMorgan says to sell Five Below JPMorgan turned bearish on Five Below , citing challenges that are hard to surmount for the value-focused retailer during a tough year.
Persons: Piper Sandler, Bernstein, Aneesha Sherman, Sherman, Alex Harring, BTIG, it's, Jake Fuller, Fuller, DoorDash, — Alex Harring, Jefferies, Julien Dumoulin, Smith, Hertz, Dan Levy, Levy, Avis, HubSpot, BofA, BofA's Brad Sills, Sills, monetization, Matthew Boss, Boss, Abbott, Adam Maeder, necrotizing, ABT, Maeder, Fred Imbert Organizations: CNBC, Laboratories, JPMorgan, Nike, Dow Jones, Jefferies, NextEra Energy Partners, Barclays, Hertz, Bank of America, LSEG, Abbott Laboratories Locations: Wednesday's, Florida, Thursday's premarket
Check out the companies making headlines in midday trading: Tech stocks — Key tech names rallied a day after the Federal Reserve's supersized rate cut decision. Coursera — The online education platform jumped more than 8% on the back of Bank of America's initiation at a buy rating. Uber shares rose 3%. NextEra Energy Partners — The stock rose more than 3% on the heels of Jefferies initiating coverage with a buy rating. Crypto stocks — Stocks tied to bitcoin's price climbed as the cryptocurrency moved more than 4% higher following the Fed's rate cut on Wednesday.
Persons: Tesla, Meta, Coursera, Uber, DoorDash, Jefferies, Stocks, MicroStrategy, Alibaba, Alex Harring, Samantha Subin, Lisa Kailai Han, Pia Singh, Michelle Fox Organizations: Tech, Federal, Nvidia, Therapeutics, Intel, Bank of, Darden, DoorDash, NextEra Energy Partners, JPMorgan Locations: Mobileye, Olive
However, investment bank Jefferies is drawing attention to two lesser-known chip stocks that it believes could rise by more than 100%: Aixtron and Ams OSRAM . Looking ahead, analysts at Jefferies pointed to the ongoing recovery in the semiconductor industry, with global chip sales growth accelerating to 18.7% year-over-year in July. Jefferies expects shares of Aixtron to rise by 115% to 35 euros ($38.80) a share over the next 12 months. The stock is also traded in the U.S. AIXXF 1Y line Ams OSRAM Ams OSRAM , an Austrian-German semiconductor company, recently completed the issuance of 200 million euros ($222.73 million) in senior notes, yielding 10.5% in coupon payments to replace other short-term debt due in 2024. The analysts expect shares of Ams OSRAM, listed on the Swiss stock exchange, to rise 179% over the next 12 months to 2.4 Swiss francs ($2.83).
Persons: TSMC, Jensen Huang, Blackwell, Goldman Sachs, Huang, Jefferies, Janardan Menon, Infineon, Aixtron Organizations: Nvidia, ASML, Jefferies, Ams OSRAM, The SOX Semiconductor, Nvidia's, Infineon, IFX, HVP, Ams Locations: Germany, Infineon, Aixtron, U.S, Austrian
Upstart Holdings – Shares of the personal finance firm fell 5% after the announcement of a new debt offering. Sprouts Farmers Market – Shares of the supermarket chain rose nearly 5% following an upgrade to outperform from in line at Evercore ISI. The investment firm wrote that Sprouts, which specializes in organic products, could be a beneficiary of a trend towards healthier eating. Apple – Shares slumped 3% following reports of sluggish demand for some of the company's latest iPhone models. Yelp – Shares dropped 4% after Bank of America initiated coverage of Yelp with an underperform rating.
Persons: Nuvalent, Bausch, Goldman Sachs, Morgan Stanley, Donald Trump, Ming, Chi Kuo, , Alex Harring, Samantha Subin, Yun Li, Lisa Kailai Han, Pia Singh, Jesse Pound Organizations: Financial Times, FT, Alcoa, Intel –, Bloomberg, Intel, Pentagon, Micron Technology, Evercore ISI, Trump Media & Technology, Apple –, TF Securities, Apple, JPMorgan, Bank of America Locations: California
Apple — The technology stock fell more than 2% following analyst reports that early shipping data may signal softer demand for iPhone 16 Pro models. Intel — The semiconductor stock rose 1.3% before on the bell. Micron Technology — The semiconductor stock slid 2.8% after Morgan Stanley cut its price target by a whopping $40 to $100. ASE Technology — The semiconductor packager added 1.7% on the heels of a Morgan Stanley upgrade to overweight from equal weight. Zillow — The real estate stock rose more than 2% after an upgrade to outperform from neutral from Wedbush.
Persons: Donald Trump, Bausch, Morgan Stanley, Morgan Stanley's, Wells, Ally, downgrades, Zillow, , Jesse Pound, Sarah Min, Sean Conlon, Samantha Subin Organizations: Trump Media & Technology, Republican, Holdings, Apple, Financial Times, Alcoa, Intel, Bloomberg, Micron Technology, Technology, Colgate, Palmolive, Bank of America, Zillow Locations: California, Wells Fargo
SKIP AHEAD How I picked the best backpacks for college students | The best backpacks for college students | How to shop for a backpack as a college student | Why trust NBC Select? How I picked the best backpacks for college studentsThere are several factors to consider when looking for a backpack if you’re a college student. Padding and ergonomics: Both of our experts, chiropractor Dr. Matt Cavanaugh and ergonomics expert Kevin Costello, said that padded wide shoulder straps are essential for college students looking to prioritize comfort. It comes with both shoulder straps and two leather loops on top that you can fasten with the metal button. It has a flexible water bottle pocket on the side, a trolley sleeve, a 17-inch laptop sleeve and breathable padding on the back to reduce sweating.
Persons: you’re, chiropractor Dr, Matt Cavanaugh, Kevin Costello, Costello, , , It’s, Alo Stow, Alo, Calpak Kaya, Nikki Brown, she’s, it’s, Jordan Bowman, “ I've, Orvis, I've, Josh Rios, Rios, I’ve, Beckmann, Lauren Swanson, Herschel, ” Alan Hedge, Matthew Cavnugh, Alan Hedge, TikTok Organizations: NBC, Adidas, America, Cornell Institute for Healthy Futures, Cavanaugh Chiropractic, Cornell University’s College of Human, Facebook, Twitter Locations: Herschel, United States, Lafayette , Louisiana
Mission Produce — The avocado producer surged 21.6% after reporting revenue for the fiscal third quarter jumped 24% from a year ago. The company reported sales of $324 million, compared with $261.4 million in the same three-month period one year before. Boot Barn — Shares rose 6% after the Western-style retailer provided an update on its recent performance ahead of a Piper Sandler Growth Frontiers Conference presentation. Boot Barn announced preliminary consolidated same-store sales growth of 4% in its fiscal second quarter. Johnson Controls International — Shares rose nearly 2% after JPMorgan upgraded the stock to buy from neutral.
Persons: Piper Sandler, LSEG . Patterson, Alibaba, Morgan Stanley, Wells Fargo, , Samantha Subin, Sean Conlon, Lisa Kailai Han, Jesse Pound, Yun Li, Scott Schnipper Organizations: Growers, Oracle, LSEG, Apple, Hewlett Packard Enterprise, Juniper Networks, Revenue, UTI Energy, Hong, Reuters, Johnson, JPMorgan, Anheuser, Busch Inbev SA, Equity Locations: California, U.S, Alibaba —, China, Hong Kong, Shanghai, Shenzhen, Wells
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