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Three U.S. airlines have suspended flights to Haiti after a Spirit Airlines jet was struck by gunfire. Some see Rubio as one of the “less MAGA” options but is still someone “Trump’s base could trust,” a Trump ally said. Trump’s first Cabinet pick was Rep. Elise Stefanik of New York, to serve as ambassador to the United Nations. Hours later Trump announced his second Cabinet selection, former Rep. Lee Zeldin, to oversee the Environmental Protection Agency. The State Department is advising against travel to Haiti in the midst of violent political turmoil.

Persons: Donald Trump, Trump, Patrick T, Fallon, Donald Trump’s, Sen, Marco Rubio, Rubio, ”, Trump’s, Elise Stefanik, Lee Zeldin, Zeldin, Joe Biden’s, Stephen Miller, Miller, Mike Waltz, Ruben Gallego, Republican Kari Lake, ➡️ Trump, Christopher Wray, ➡️, —, MAGA, “, Kayla Smith, Jillaine St.Michel, Rebecca Vincen, Brown, Julie Lyons, Emily Corrigan, Jennifer Adkins, Richard Allen, Crews, Aaron Rodgers, Peter Guo, Calpak, Elizabeth Robinson Organizations: Spirit Airlines, Getty, United Nations, The, Republican Conference, Trump, Environmental Protection Agency, Trump’s Cabinet, Green Beret, Armed Services, Foreign Affairs, Intelligence, Democratic, Republican, Senate, State Department, JetBlue, New York City, American Airlines, The State Department, Women, Center for Reproductive, East, New York Jets, Riding Army, NBC, Walmart, Casper Locations: U.S, Haiti, AFP, Marco Rubio of Florida, New York, Israel, Gaza, Florida, Afghanistan, East, Africa, He’s, Arizona, Fort Lauderdale , Florida, Port, Prince, Dominican Republic, Miami, Idaho, Portland , Oregon, Ada County, Indiana, Delphi, West, New Jersey, California, China, Kaifeng, Asia

☆ Delphi murders: Richard Allen is found guilty in double murder trial
▼ + stars: | 2024-11-11 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

The Indiana man charged in the 2017 killing of two middle school girls was convicted of murder Monday, NBC affiliate WTHR of Indianapolis reports. The jury’s decision came after a four-week trial in which Richard Allen, 52, pleaded not guilty to murder charges in the Feb. 13, 2017 slayings of close friends Abigail Williams, 13, and Liberty German, 14. “Richard Allen is the ‘bridge guy.’ He kidnapped them and later murdered them. After his arrest, Allen was held in solitary confinement in a maximum security prison while awaiting trial. “How much can one human endure?”Officers escort Richard Matthew Allen following a hearing on Nov. 22, 2022, in Delphi, Ind.

Persons: Richard Allen, Abigail Williams, Allen, Nick McLeland, ” McLeland, “ Richard Allen, ’, Libby, Brad Rozzi, Rozzi, Allen's, ” Rozzi, Richard Matthew Allen, Darron Cummings, WTHR, wasn't, he’d Organizations: NBC, Liberty, NBC Chicago, ”, Authorities Locations: Indiana, Indianapolis, Delphi, Carroll County, Ind

CNN —Richard Allen has been found guilty of two counts of murder and two counts of felony murder in the highly publicized Delphi murder trial, according to CNN affiliate WTHR. Delphi law enforcement have long held they believe the “Bridge Guy” shown in the video is the main suspect in the case. Prosecutors drew attention to the .40-caliber unspent round found by the girls’ bodies, which a prosecution expert testified matched Allen’s pistol. The prosecution has also tried to match Allen with the video and audio recording of the “Bridge Guy” captured on Libby’s cellphone. “Richard Allen is ‘Bridge Guy,’” McLeland told jurors.

Persons: Richard Allen, Allen, Abigail “ Abby ” Williams, “ Libby ”, WTHR, Frances Gull, Nick McLeland, “, ’, Abby, Libby, ” McLeland, Guy ”, McLeland, Guy, ” Allen, Brad Rozzi, you’ve, ” Rozzi, Abigail Williams, Tony Liggett, Allen “, Andrew Baldwin, Li Buszka, –, Monica Wala, Wala, I’m, Deanna Dwenger, Odinism, White supremacists, Gull, Brian Harshman, Guy ’, ”, “ Richard Allen, ’ ” McLeland, Rozzi Organizations: CNN, WTHR, Prosecutors, Associated Press, ”, Liberty, WLFI, Indiana Department of Corrections Behavioral Health, WRTV, Indiana State Police Locations: Delphi , Indiana, Allen, Carroll, Delphi, Westville Correctional

Jurors will deliberate from 9 a.m. to 4 p.m. Monday through Saturday until they reach a verdict, according to WTHR. Last month, 16 Allen County residents were selected to serve on the jury, including four people serving as alternates, WTHR said. “I believe the evidence is firmly convincing that Richard Allen is Bridge Guy and he killed Abby and Libby,” McLeland told the jury. Prosecutors drew attention to the .40-caliber unspent round found by the girls’ bodies, which a prosecution expert testified matched Allen’s pistol. He also pointed out that Allen still lived in Delphi for more than five years after the girls were killed.

Persons: Richard Allen, Allen, Liberty “ Libby, Abigail “ Abby ” Williams, WTHR, Frances Gull, Nick McLeland, “, Bridge Guy, Abby, Libby, ” McLeland, McLeland, ” Allen, Brad Rozzi, you’ve, ” Rozzi, Abigail Williams, Abby ”, “ Libby ”, Guy ”, Tony Liggett, Allen “, Monica Wala, Wala, I’m, Deanna Dwenger, Odinism, White supremacists, Gull, Darron Cummings, Brian Harshman, Guy ’, ’, “ Richard Allen, Rozzi, Allen wasn’t Organizations: CNN, WTHR, Associated Press, Bridge, ”, Liberty, WLFI, Prosecutors, Indiana Department of Corrections Behavioral Health, WRTV, Indiana State Police Locations: Delphi , Indiana, Carroll, Allen County, Allen, Delphi, Westville Correctional

☆ Video: Delphi double murder trial hangs on picture of unknown man taken by victim, says Casarez
▼ + stars: | 2024-11-08 | by ( Jean Casarez | ) edition.cnn.com time to read: 1 min

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CNN —The defense for Richard Allen, the man accused of killing two teenagers in Delphi, Indiana, in 2017, rested its case Wednesday after several days of calling witnesses, including a cell phone forensic expert and a psychiatrist, according to CNN affiliate WTHR. He has pleaded not guilty to four charges, including two counts of murder and two counts of felony murder, court records show. Liberty "Libby" German and Abigail "Abby Williams were found dead after going on a hike in February 2017 in Delphi, Indiana. FBIOn Tuesday, a cell phone forensic expert testified that data from Libby’s cell phone shows someone inserted a headphones cord into the phone on the night the girls went missing and then removed it five hours later, according to WTHR. Over the years, authorities released sketches and portions of a video recorded on Libby’s cell phone in hopes of finding a suspect.

Persons: Richard Allen, Allen, Liberty “ Libby, Abigail “ Abby ” Williams, “, Abby, Libby, ” Allen, Abigail, Abby Williams, WTHR, Kohr, Monica Wala, Wala Organizations: CNN, WTHR, Associated Press, FBI, Indiana State Police, WLFI, WRTV, Westville Correctional Locations: Delphi , Indiana, Delphi, Indianapolis, ”, Westville

☆ Delphi murders suspect confessed to crimes in prison
▼ + stars: | 2024-11-04 | by ( Zoe Sottile | Jean Casarez | ) edition.cnn.com time to read: +9 min

Prosecutors say Allen actually confessed over 60 times to the murders while in prison, to his wife, his mother, family members, the prison warden, the psychologist who treated him in prison, other prison employees and other inmates. The jury on Thursday heard recordings of seven prison phone calls Allen made to his wife and mother, according to WTHR. Monica Wala, the prison psychologist who treated Allen at Westville Correctional Facility, testified for the prosecution that he confessed to the crimes multiple times, once in great detail, according to WTHR. He also spoke about wanting to go back and change his actions and apologize to the families, Wala testified. He had a serious mental health history and had experienced both major depressive disorder and anxiety disorder, Wala testified during cross-examination.

Persons: CNN — “, Abby, Libby, Richard Allen, Allen, Abigail “ Abby ” Williams, Liberty “ Libby, “ Honey, ”, WTHR, “, we’ve, ‘, Monica Wala, I’m, Wala, –, John Galipeau, Galipeau, Michael Clemons, Richard Matthew Allen, Michael Conroy, Deanna Dwenger, Brad Rozzi, ” WTHR, Frances Gull, Odinism, Gull, Tobe Leazenby, Darrell Sterrett, Stacy Bozinovski, Bozinovski, Jennifer Auger, “ Richard Allen Organizations: CNN, WTHR, Prosecutors, Liberty, Westville Correctional Facility, WRTV, CVS, Courthouse, AP Defense, Indiana Department of Corrections Behavioral Health, ”, Delphi Locations: Allen, an Indiana, Delphi , Indiana, Delphi, Westville, Wala, Carroll

☆ Delphi murders: Suspect's confessions, denials in spotlight during trial's second week
▼ + stars: | 2024-11-01 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

Allen’s contradictory statements were in the spotlight during the second week of his trial in a Carroll County courtroom. In the interview, Allen — then a CVS clerk — provided an account of what he’d done that Feb. 13. Once at Westville Correctional Facility, Allen told prison officials and officers — including the warden — that he killed the girls, prosecutors have said. A week later, Wala said, Allen told her he wanted to sign a confession, prompting the psychologist to tell him to speak with his attorneys. A day later, on May 10, Allen called his wife with the psychologist present and told her that he’d killed the girls, Wala testified.

Persons: Richard Allen, Abigail Williams, Allen, they've, he'd, Allen —, —, Abby, Libby, didn’t, I’ve, ” “, ”, He’d, “, it’s, ” Allen, Monica Wala, Michael Conroy, Wala, he’d, Stacy Diener, WTHR Organizations: Liberty, Prosecutors, NBC Chicago, Westville Correctional, NBC Locations: Indiana, Delphi, Carroll, Monon, Westville, Ind, Indianapolis

☆ Delphi murders: For years, the case went cold. Then a volunteer found a file with an interesting piece of information
▼ + stars: | 2024-10-28 | by ( Zoe Sottile | ) edition.cnn.com time to read: +7 min

Carroll County Sheriff Tony Liggett said despite the tip, Allen “got lost in the cracks,” according to CNN affiliate WLFI. Family members cried and other members of the audience were visibly shaken, according to CNN affiliate WRTV. Libby would have bled to death from her wounds within five to 10 minutes, Kohr testified, according to WRTV. While Abby’s body was discovered fully clothed – in Libby’s clothes – Libby was discovered nude, Kohr testified, according to WRTV. Allen’s defense attorneys filed a new motion on October 23, arguing for their alternate killer theory to be allowed in court, according to CNN affiliate WTHR.

Persons: Richard Allen’s, Kathy Shank, Allen, Shank, Abigail “ Abby ” Williams, Liberty “ Libby, Tony Liggett, Allen “, we’ve, Abby, Roland Kohr, Libby, WLFI, Kohr, – Libby, Abby’s, WRTV, Melissa Oberg, Richard Allen, Michael Conroy, Brian Olehy, Guy ’, Guy, “, ”, Jeremy Chapman, Guy ”, Abby “, WNDU, Sarah Carbaugh, Olehy Organizations: CNN, WLFI, Liberty, WRTV, Former Indiana State Police, WTHR, Courthouse, Police, Allen , Indiana State Police, Authorities, WNDU, Defense, Indiana State Police Locations: Indiana, Delphi , Indiana, Carroll, Allen ,, Odinism

☆ Delphi murders: What happened this week in Richard Allen's trial?
▼ + stars: | 2024-10-26 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

At trial Thursday, defense lawyer Andrew Baldwin asked the clerk, Kathy Shank, if his client was trying to "assist" the investigation. And he said the information Allen provided to authorities days later was marked as cleared when it shouldn’t have been. Allen provided a similar account, according to former Delphi Police Chief Steve Mullin, who conducted the interview, though Allen said he’d arrived at the trail at noon and left at 1:30 p.m. When Mullin showed Allen a photo of the “bridge guy,” the former chief testified, Allen responded: “If the picture was taken with the girl’s camera, there was no way it could be him,” Mullin testified. In his testimony, Liggett said it was the discovery of that bullet along with witness accounts that prompted Allen’s arrest.

Persons: Richard Allen, He’d, Abigail Williams, Allen, ”, they’ve, Andrew Baldwin, Kathy Shank, Dan Dulin, Dulin, Shank, Richard Allen Whiteman, Tony Liggett, who’d, Railly Voorhies, Voorhes, “, Voorhies, she’d, Jennifer Auger, ” Liggett, Allen “, Shanks, Steve Mullin, he’d, Mullin, ” Mullin, Sig Sauer, Liggett Organizations: Liberty, NBC Chicago Lawyers, CVS, NBC, Indiana Department of Natural Resources, Department of Children’s Services, Carroll County Sheriff, Liggett, Delphi Police, Authorities Locations: Indiana, Carroll, Indianapolis, Carroll County

The creator economy is dominated by Big Tech, but a new set of startups is finding ways to break in. From influencer marketing to AI tech, here are 13 startups to watch in 2024, according to investors. AdvertisementGoldman Sachs estimated the creator economy could hit $480 billion annually by 2027, driven largely by influencer marketing and advertising revenue. Creator startups that build with artificial-intelligence tech, such as Delphi and Merse, have also become a focus among investors. Here are those 13 creator startups to watch in 2024, listed in alphabetical order:

Persons: —, Alejandro Oropeza, Goldman Sachs Organizations: Big Tech, Business, Service, Google, Venture, Delphi

The prosecution also plans to call witnesses who said they saw Allen at the trail. Allen, 52, dressed in a long-sleeve button-down shirt and khakis, shook his head at times during McLeland's opening statement. One key piece of evidence — video retrieved from Libby's cellphone that was found underneath Abby's body — showed the apparent suspect. As the trial opened this week, the defense lawyers withdrew a request for jurors to be able to visit the crime scene, which prosecutors had opposed. Defense lawyers, however, may still get to argue during the trial why certain evidence is admissible.

Persons: Richard Allen, Abigail, Abby, Williams, Libby, Nick McLeland, McLeland, Abigail Williams, Allen, Andrew Baldwin, Baldwin, Alex Martin, Frances Gull, —, Gull Organizations: Liberty, NBC Chicago, FBI, Courthouse, Courier, USA, Police, Prosecutors, Defense Locations: Delphi , Indiana, Carroll County, Allen, Carroll, Allen County, Delphi

☆ Delphi murders trial: What we know about Richard Allen and the teens he's accused of killing
▼ + stars: | 2024-10-18 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

Seven years ago, the bodies of two teenage girls were discovered near a hiking trail outside the small Indiana town of Delphi. Allen worked at a CVS in Delphi and had processed photos for Libby’s family without charging them, her grandparents have said. Investigators found the images on Libby’s cellphone and released them days after the girls' bodies were discovered in a bid to identify a possible suspect. Allen, who was interviewed by authorities in 2017 and admitted being at the trail the day the teens vanished, was arrested in 2022. In a request for a search warrant in 2017, an FBI agent said the girls' bodies appeared to have been moved and staged.

Persons: Richard Allen, Abigail Williams, Allen, Abigail, Libby, Abby —, Alex Martin, Doug Carter, ”, —, “, Nick McLeland Organizations: Liberty, Indiana State Police, USA, Authorities, Prosecutors, FBI Locations: Indiana, Delphi, Carroll, Indianapolis, Ind

After jury selection this week in the Allen County seat of Fort Wayne, the trial will continue in Carroll County and could last about a month as jurors are sequestered. Gull has prohibited video or audio from inside the courtroom and banned the use of electronics. Allen, who has remained incarcerated while awaiting trial, faces two counts of murder and two counts of felony murder in the teens’ deaths. Doug Carter of the Indiana State Police provides an update on the Delphi murders investigation on April 22, 2019, in Delphi, Ind. Going there would help in “observing and feeling the unique topography of the land; something that cannot be understood from photographs and video,” defense lawyers wrote in their motion.

Persons: Indiana, Abigail “ Abby ” Williams, Liberty “ Libby ”, Richard Allen, Abby, Libby, Rick, Allen, Frances Gull, Carroll, Doug Carter, Nikos Frazier, “, ”, Prosecutors, Andrew Baldwin, Bradley Rozzi, won’t, Gull, Nick McLeland, Alex Martin, Bongo, Mike Patty, We’re Organizations: Liberty, Delphi, Delphi Community Middle School, Indiana State Police, Ind, Journal, Courier, USA, Police, Defense, Prosecutors Locations: Indianapolis, Caroll County, Allen County, Allen, Fort Wayne, Carroll County, Delphi, ” Carroll, Carroll, Ind

☆ Hedge funds post mediocre first-half performance with some big names only up single digits
▼ + stars: | 2024-07-09 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

So far this year, hedge fund managers have failed to beat the S & P 500 , one of the cheapest, easily available investment vehicles for ordinary investors. Hedge funds returned just 5% in the first half of the year after a 0.2% loss in June, with event-driven strategies the biggest laggards, according to data firm HFR. The performance may come as a disappointment as hedge funds often tout star stock pickers and niche strategies to justify their high fees. Hedge funds typically charge a 2% management fee on the total assets under management plus a performance fee of 20% of the fund's profits. Goldman Sachs' prime brokerage data showed hedge funds have been rotating out of tech stocks, especially winning chipmakers over the past few weeks, while pouring into financial stocks and commodities.

Persons: Hedge, Morgan Stanley's, Bill Meany, Morgan Stanley, Goldman Sachs, Ken Griffin's, Bill Ackman's Pershing, Dan Loeb's, Cliff Asness, AQR Organizations: Citadel, Apex, Equity Locations: Wellington

☆ How Donald Trump has handled juries so far
▼ + stars: | 2024-04-11 | by ( Jeremy Herb | ) edition.cnn.com time to read: +10 min

CNN —Three months ago, Donald Trump took the stand before a jury of nine in a New York courtroom without his typical bombast or ranting. “The record will reflect that Mr. Trump just rose and walked out of the courtroom,” Judge Lewis Kaplan announced, in case any jurors had missed it. “I mean, our whole case was about the fact that Donald Trump is unable to follow the law, unable to follow the rules. But just having political views about Trump, for or against, won’t be a reason for potential jurors to be dismissed. When Kaplan asked jurors a series of questions individually, Trump turned in his chair to watch each person speak.

Persons: Donald Trump, Jean Carroll, Trump, “, Lewis Kaplan, defaming Carroll —, ” Carroll, Roberta Kaplan, CNN’s Anderson Cooper, Donald Trump’s, they’ve, ”, Steve Tuholski, haven’t, Juan Merchan’s, Merchan, Michael Cohen, Trump’s, Karen Friedman Agnifilo, you’re Trump, you’d, ” Agnifilo, Agniflio, ” Trump, Emil Bove, Joe Biden, won’t, Carroll, Kaplan, ” Merchan, can’t, Stormy Daniels, admonish Trump, ” Kaplan, —, Elie Honig, Tuholski, they’re, CNN’s Kara Scannell, Kristen Holmes, Lauren Del Valle Organizations: CNN, Yorkers, New, Delphi, White, Republican, Trump, Manhattan Locations: New York, Manhattan, New York County, “

☆ Zelensky says he will listen to Trump’s ideas to end war ‘with pleasure’
▼ + stars: | 2024-04-10 | by ( Sophie Tanno | Lauren Said-Moorhouse | ) edition.cnn.com time to read: +5 min

CNN —Ukrainian President Volodymyr Zelensky said he would listen to former US President Donald Trump’s ideas to end the war in Ukraine with “pleasure” but trod carefully around the issue during an interview at the Delphi Economic Forum in Greece. I haven’t heard that directly from Trump,” Zelensky told CNN’s Senior Correspondent Fred Pleitgen via video link from Ukraine. Ukrainian President Zelensky is pictured speaking from Ukraine during an interview with CNN’s Fred Pleitgen, who is at the Delphi Economic Forum in Greece. Ukraine's President Volodymyr Zelensky inspects new fortifications for Ukrainian servicemen near the Russian border in the Kharkiv region on Tuesday. Ukrainian Presidential Press Service/Handout/Reuters“I’d like to underscore that no Western weapons were used to attack in such a way.

Persons: Volodymyr Zelensky, Donald Trump’s, ” Zelensky, CNN’s, Fred Pleitgen, “, Zelensky, Trump, Ukraine “, ”, The Trump, “ There’s, he’s, CNN’s Fred Pleitgen, Pleitgen, Vladimir Putin’s, Putin’s, Reuters “, Oleksandr Prokudin, Ukrenergo Organizations: CNN, Delphi, Republican, German, Wednesday, Trump, Russia, West, Presidential Press Service, Reuters, Ukraine’s Defense Forces of Locations: Ukraine, Greece, Ukrainian, Russia, Trump, Delphi, Zelensky, “, Kharkiv, Western, Russian, Odesa, Mykolayiv, Kherson, Mykolaiv

☆ AI chatbots are trying to join the race for president
▼ + stars: | 2024-01-22 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe creation of Dean.Bot was funded by the Super PAC We Deserve Better, WaPo reported. Delphi's account was suspended for violating the political rules late Friday, just a day after WaPo wrote about the creation of Dean.Bot. Despite OpenAI's new rules, Dean.Bot won't be the last AI creation we see this election season. The outlet reported that several lawmakers, including Sen. Amy Klobuchar and Sen. Susan Collins, have also introduced congressional proposals to address AI use in advertisements.

Persons: —, OpenAI, Dean Phillips, Dean.Bot, Phillips, shouldn't, Joe Biden, Biden, WaPo, he'd, Sen, Amy Klobuchar, Susan Collins Organizations: Service, Minnesota, Washington Post, Business, Democratic, Super, Delphi, OpenAI Locations: Minnesota

☆ Wall Street opens wallets wide for 'Trump alternative' Nikki Haley at $500K fundraiser
▼ + stars: | 2023-12-05 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

Attendees were asked to give between $3,300 and $16,600 per person to Team Stand for America, a joint fundraising committee benefiting her campaign, according to the invitation. A spokesman for Elliot did not return requests for comment. Chambers, Rosenkranz, a representative for for JPMorgan and a spokeswoman for AQR did not return requests for comment. A spokeswoman for the Haley campaign did not return requests for comment. Haley is trailing Trump nationally by around 50 percentage points, according to a Real Clear Politics polling average.

Persons: Nikki Haley, Haley, Donald Trump, Campbell Brown, Dan Senor, Paul Singer, Annie Dickerson, Singer's, Steve Cohen, Singer, Cliff Asness, Kristin Lemkau, Robert Rosenkranz, Ray Chambers, Lemkau, Jamie Dimon, Asness, Brown, Eric Levine, they're, Levine, Elliot, Chambers, AQR, Ken Langone, Democratic megadonor Reid Hoffman Organizations: Republican Party, Bluffton SC, Former U.S, United, New York, Wall Street, Facebook, Elliot Investment Management, Elliot Management, Politico, AQR Capital Management, JPMorgan, Delphi Capital Management, NHL's New Jersey Devils, New York Times, CNBC, Hamas, America, Trump, Home Depot, Democratic, Haley Locations: Bluffton, United States, New, Iowa, New Hampshire, South Carolina, NHL's, New York

☆ Regulation is the main sticking point for crypto as bitcoin inches to another new 2023 high
▼ + stars: | 2023-11-25 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Bitcoin rallied to start the week, touched a new 2023 high to end it and suffered a brief drop in between, weighed down by the trouble at Binance. Bitcoin ended the week higher by about 4% after touching a new 2023 high on Friday above $38,000. Coin Metrics measures a week in crypto, which trades 24 hours a day, from 4:00 p.m. Optimism about the likely approval of a spot bitcoin ETF has been building for the past couple months, serving as the biggest catalyst for the cryptocurrency. The challenge is that active crypto trader positioning appears long, he added, based on activity in crypto futures, options, open interest and funding rates.

Persons: Bitcoin, Zach Pandl, bitcoin, Pandl, Michael Rinko, Biden, there's Organizations: CNBC, Regulators, Delphi Locations: Binance, Argentina, U.S

☆ What the Binance settlement means for crypto investors—and why it could clear the path for a bitcoin ETF
▼ + stars: | 2023-11-22 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Industry insiders are cheering the end of a "CZ"-led Binance as a necessary move for crypto going forward. Some say it was perhaps even critical for what could be the next big step for the industry: the approval of a bitcoin ETF. Having this settlement behind us could be the final big, big step needed for this ETF." The crypto industry has long sought the creation of a bitcoin ETF (efforts to launch one go back at least a decade). "Binance is globally the major liquidity pool for crypto trading despite losing market share this year," she said.

Persons: Zhao, Binance, –, Franklin Templeton, Michael Rinko, Sam Bankman, Fried, Rinko, Sam Callahan, Callahan, Yesha Yadav Organizations: Industry, Department of Justice, –, Fidelity, Delphi, Securities, Exchange Commission, Binance, CZ, DOJ, Futures Trading Commission, Treasury Department, BlackRock, Invesco, Ark, Vanderbilt University Law School Locations: BlackRock

☆ The long-term supply of demand for treasuries doesn't look good, says Delphi's Scott Black
▼ + stars: | 2023-10-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe long-term supply of demand for treasuries doesn't look good, says Delphi's Scott BlackScott Black, Delphi Management president and founder, joins 'Closing Bell' to discuss higher yields, why he sees another rate hike this year, and more.

Persons: Delphi's Scott Black Scott Black Organizations: Delphi Management

In a few cases, according to NHTSA, ARC air bag inflators could be blocked by small pieces of debris, stopping the gases from escaping as they should. In May 2023, General Motors recalled 1 million GM vehicles with the air bags. NHTSA estimated the risk of one of these inflators rupturing at one in every 370,000 air bag deployments. But officials said the only way to know if an air bag has the defect is for it to actually rupture. NHTSA and various automakers are still working to get vehicle owners to replace all the air bags involved in that recall.

Persons: Jacob Tarvis, Marlene Beaudoin, Tarvis, inflators, Kia Optima, General Motors, ”, Donna Glassbrenner, Steve Gold, Gold, “, — Ford Organizations: CNN, Traffic Safety Administration, ARC Automotive, Delphi Automotive Systems, NHTSA, ARC, Chrysler Town &, General, GM, BMW, Fiat Chrysler Automobiles —, Hyundai, Kia, Benz, Porsche, Tesla, Toyota, Volkswagen Locations: United States, Canada, Turkey, Traverse

☆ Federal safety regulators push to recall 52 million air bags
▼ + stars: | 2023-09-06 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —Federal safety regulators are pushing to get 52 million air bags recalled due to the threat that they could explode, severely injuring or even killing a car’s occupants. About 11 million of the air bags were manufactured by Delphi under a licensing agreement with ARC. It also did not give an estimate for how many vehicles contain the air bags, since most vehicles have multiple air bags. The agency did not say how many cars may have more than one of the air bags it wants recalled. The number of air bags still in use is less than the 67 million that NHTSA estimated earlier this year.

Persons: ”, Takata, —, Ramishah Maruf Organizations: New, New York CNN, Federal, Traffic Safety Administration, ARC, Delphi, General Motors, Ford, Toyota, Hyundai, Kia, Benz, BMW, Volkswagen, NHTSA, GM, Chevrolet Traverse, GMC Acadia, “ Locations: New York, United States, Canada

☆ US says 52 mln air bag inflators should be recalled over rupture threat
▼ + stars: | 2023-09-05 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, Sept 5 (Reuters) - U.S. auto safety regulators said Tuesday that 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi Automotive need to be recalled because they may rupture and send dangerous metal fragments flying. Initially, the NHTSA said 67 million air bag inflators were unsafe, but on Tuesday it corrected that estimate to account for "over-inclusive responses reported to the agency by certain manufacturers over the course of the investigation." GM in May agreed to recall nearly 1 million vehicles with ARC air bag inflators after a rupture in March resulted in facial injuries to a driver. Delphi Automotive, acquired by Autoliv (ALV.N), manufactured approximately 11 million of the inflators under a licensing agreement with ARC, which manufactured the remaining 41 million inflators. The NHTSA has been scrutinizing air bag inflator ruptures for more than 15 years.

Persons: David Shepardson, Jonathan Oatis, Leslie Adler Organizations: ARC Automotive, Delphi, Traffic Safety Administration, ARC, General Motors, Ford Motor, Toyota, Volkswagen, NHTSA, GM, Delphi Automotive, Autoliv, Thomson Locations: United States

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