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☆ DOJ's Kanter: we are thinking about AI competition from chips to the end user
▼ + stars: | 2024-07-26 | 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 EmailDOJ's Kanter: we are thinking about AI competition from chips to the end userJonathan Kanter, Assistant Attorney General for Justice Department’s Antitrust Division, joins 'Squawk on the Street' to discuss antitrust issues within the AI sector, the lack of competitors to Nvidia, and more.

Persons: DOJ's Kanter, Jonathan Kanter Organizations: Justice Department’s Antitrust, Nvidia

☆ Adobe executive compared early termination fees to heroin for the company: court docs
▼ + stars: | 2024-07-25 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +1 min

US regulators say in a lawsuit against Adobe that an exec likened early termination fees to heroin. The DOJ and FTC sued the software company last month, alleging it violated consumer protection laws. Adobe has disputed the claims and said the government took old employee comments out of context. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn Adobe executive allegedly likened early termination fees to heroin for the software company, according to newly unredacted documents in the US government's lawsuit against the Photoshop and Creative Cloud maker.

Persons: — Organizations: Adobe, DOJ, FTC, Service, Justice Department, Federal Trade Commission, Business

☆ OpenAI's new SearchGPT prototype is a declaration of war against Google
▼ + stars: | 2024-07-25 | by ( Jyoti Mann | Ana Altchek | ) www.businessinsider.com time to read: +5 min

The AI company announced "SearchGPT" on Thursday, an early version of a search product that shows the company is one step closer to launching its own search engine. In a blog post, OpenAI said it's "testing SearchGPT, a temporary prototype of new AI search features that give you fast and timely answers with clear and relevant sources." A screenshot of search results from OpenAI's new SearchGPT prototype, which is in the testing phase. OpenAIOpenAI has Google in its crosshairsWith SearchGPT, OpenAI is clearly positioning itself against Google's Search Generative Experience (SGE) and AI startup Perplexity's search feature. AdvertisementOpenAI's announcement comes after The Information in February that the company had been quietly developing its own web search product.

Persons: —, OpenAI, Sam Altman, OpenAI OpenAI, Google's SGE, Microsoft's Bing, Bing, Satya Nadella, OpenAI didn't Organizations: Service, Business, Google, Microsoft, Department of Justice, DOJ Locations: boone north carolina, SearchGPT

☆ Openness in AI is necessary to promote fair and competitive markets, said FTC's Lina Khan
▼ + stars: | 2024-07-25 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +6 min

"These conditions have allowed, in some instances, the biggest technology companies to get a layup in the AI space," Khan said. In particular, Khan called for AI models' weights to be publicly available. In the age of AI, Khan said both consumers and enterprises are uncertain of their data's protections when using foundation models. "We only focus on deals that have problems…it's a narrow set of deals that satisfy a narrow set of criteria." In March, Microsoft paid $650 million in a licensing deal to Inflection AI, an emerging OpenAI rival, to use its AI models and hire most of its employees.

Persons: —, Lina Khan, Khan, We've, you've, Jonathan Kanter, Kevin Dietsch, Kanter, execs Organizations: Service, Federal Trade Commission, FTC, Big Tech, Microsoft, Google, Business, Meta, Antitrust, Department of Justice, DOJ, Apple, Tech, New York VC, YC, Amazon Locations: OpenAI, America

☆ Roger Stone sentencing proposal change was ‘highly unusual’ but politics didn’t play an improper role, DOJ watchdog says
▼ + stars: | 2024-07-24 | by ( Tierney Sneed | ) edition.cnn.com time to read: +4 min

The investigation was launched after the Justice Department issued a second sentencing memo for Stone called for a prison sentence “far less” than the 7-9 year recommendation his trial team initially put forward. Stone was sentenced to 40 months in prison, but that sentence was ultimately commuted by Trump. However, the inspector general found in Wednesday’s report that even career department lawyers believe “reasonable minds” can disagree on whether the initial sentencing recommendation for Stone was too high. “Thus, we found that Barr had articulated his position about the sentencing recommendation both before and shortly after the first sentencing memorandum was filed, and before the President’s tweets,” the inspector general said. The comments during these deliberations formed a “substantial basis” for Zelinsky’s congressional testimony, the inspector general said.

Persons: Roger Stone, Donald Trump, Stone, Aaron Zelinsky, General Michael Horowitz, ” Zelinsky, Bill Barr, Barr, Trump, Timothy Shea, Shea, ”, Joshua Matz Organizations: CNN, Justice Department, Trump, DOJ, DC, Attorney Locations: DC

☆ Alphabet reports earnings after the market close. Here's how analysts see it playing out
▼ + stars: | 2024-07-23 | by ( Sean Conlon | ) www.cnbc.com time to read: +5 min

Alphabet is set to report second-quarter earnings after the market closes Tuesday, one of the first of the " Magnificent Seven " to post its results this earnings season. For Google search revenue, Wolfe Research estimates growth of 12.6% compared to the prior-year period. Wolfe has an outperform rating on Alphabet and a share price target of $240, implying more than 32% upside from Monday's close. Deutsche Bank, Bank of America and TD Cowen all increased their price targets on the stock heading into earnings. GOOGL mountain 2024-07-22 Alphabet, 2-day Bernstein analyst Mark Shmulik also chooses to stay neutral, rating Alphabet market perform.

Persons: LSEG, Baird, Colin Sebastian, Wolfe, Shweta Khajuria, TD Cowen, Benjamin Black, Justin Post, John Blackledge, Barton Crockett, Rosenblatt, Bernstein, Mark Shmulik, Shmulik Organizations: Google, Wolfe Research, Deutsche Bank , Bank of America, Bank of America, YouTube, Rosenblatt Securities, Department of Justice, DOJ

☆ The 'Trump trade' has divided health-care stocks into two camps. How to play the next moves
▼ + stars: | 2024-07-19 | by ( Pia Singh | ) www.cnbc.com time to read: +9 min

UNH 1M mountain UnitedHealth stock over the past month. Think Centene , Molina Healthcare , UnitedHealth and Humana , among others. Managed-care companies historically buck the broader trend of health stocks and outperform in the first year after an election, according to Raymond James. Unlike UnitedHealth, shares have fallen — down 3% — since the June debate. Raymond James sees Oscar Health , HCA Healthcare and Tenet Healthcare as beneficiaries of a victory by the left.

Persons: Raymond James, Chris Meekins, Donald Trump, Joe Biden, quieted, Biden, Meekins, Centene, Trump, Bernstein, Jefferies, David Windley, UnitedHealth, Ben Hendrix, Optum, John Ransom, Piper Sandler, Ransom, Lance Wilkes, Oscar, — Ransom, Oscar's Organizations: Affordable, Trump, UnitedHealth, Republican, Biden, GOP, Federal Trade Commission, Department of Justice, ACA, Medicare, Molina Healthcare, RBC Capital Markets, CVS Health, RBC Capital, DOJ, Humana, Healthcare, GoodRx Holdings, Democratic, Oscar Health, Tenet Healthcare, Aetna Locations: Molina, UnitedHealth, U.S, Thursday's, Florida, Texas

The Equal Credit Opportunity Act prohibits discrimination in credit transactions. However, it's worth acknowledging that things aren't as bleak as they were decades ago — and a big part of that credit goes to the enactment of the Equal Credit Opportunity Act. What is the Equal Credit Opportunity Act? The Equal Credit Opportunity Act (ECOA) is a federal law that promotes fairness and prohibits discrimination in credit transactions. Your rights under the Equal Credit Opportunity ActBefore applying for a loan or taking out a line of credit, make sure you know your rights under the Equal Credit Opportunity Act so you're not taken advantage of.

Persons: ECOA, I've, Dominic James Murray, Cameron James, JPMorgan Chase Organizations: Black, Regulation, United States, Independent, Southern, of New, JPMorgan Chase, JPMorgan, telltale, Chevron, Consumer Financial Protection Bureau, National Credit Union Administration, Federal Reserve Board, Federal Deposit Insurance Corporation, Department of Justice Locations: of New York, Chevron

☆ Can Boeing get back to its glory days?
▼ + stars: | 2024-07-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +17 min

Then on Jan. 5, about six minutes and 16,000 feet into a packed flight out of Portland, Oregon, a door plug blew out of a nearly new Boeing 737 Max 9. The Federal Aviation Administration barred Boeing from increasing output of its Max planes and stepped up hands-on inspections at production plants. The 737 was dubbed "Baby Boeing" and went on to become the company's bestseller, helping to make Boeing the largest U.S. exporter. Pilots in those Boeing planes fought against a flight-control system, the Maneuvering Characteristics Augmentation System, that pushed the nose of the planes downward repeatedly. Boeing has said it aims to increase rates to about 50 Max planes a month in the next few years.

Persons: Joshua Roberts, Max, AeroSystems, Sen, Richard Blumenthal, Conn, Dave Calhoun, Boeing hasn't, Brian West, Aengus Kelly, Bob Jordan, I'm, Antonoaldo Neves, Calhoun, Steve Mollenkopf, Pat Shanahan, Donald Trump, Barack Obama, AerCap's Kelly, Mulugeta Ayene, we've, NASA —, Scott Kirby, McDonnell Douglas, Rob Spingarn, Kirby, Spirit Aerosystems, William Campbell, it's, It's, Howard McKenzie, Kevin Lamarque, Goldman Sachs, Noah Poponak, Alex Krutz Organizations: American Airlines Boeing, Reagan National, FAA, Reuters Boeing, Wall, Boeing, Justice Department, Alaska Airlines, National Transportation Safety Board, NTSB, Via Reuters Industry, Farnborough, Federal Aviation Administration, Airbus, JPMorgan, Etihad Airways, General Electric, Blackstone, Qualcomm, Lion, Ethiopian Airlines, Pilots, Justice, Reuters, NASA, Lion Air, CNBC, Research, Max, Spirit, Corbis, Jefferies, DOJ, Senate Homeland Security, Governmental Affairs, Capitol, Patriot Industrial Partners Locations: Los Angeles, United States, Washington , U.S, Portland , Oregon, Alaska, U.S, Maldives, Wall, United Kingdom, Boeing's, Emirates, Southwest, United, Indonesia, Addis Ababa, Bishoftu, Debre Zeit, Ethiopia, BOZEMAN , MT, Wichita , Kansas, Bozeman, Bozeman , Montana, Seattle, Chicago, Arlington , Virginia, Wichita, South Carolina, Washington

☆ DOJ says ‘substantial progress’ made toward final plea agreement with Boeing but needs more time
▼ + stars: | 2024-07-18 | by ( Mary Kay Mallonee | ) edition.cnn.com time to read: +1 min

CNN —The Justice Department said on Thursday that it has made “substantial progress” in finalizing an agreement with Boeing to plead guilty to defrauding the US government, but more time is needed to work out the remaining details. The Justice Department and the plane maker had planned to file the final terms of the agreement with a federal court in Texas on Friday. But, prosecutors said Thursday in a status report that they “will not be able to finalize the agreement by tomorrow” and that the earliest it will happen is next week. The agreement stipulates that Boeing will have to operate under the oversight of an independent monitor, a person to be chosen by the government, for a period of three years. But that oversight and the fine did not satisfy the families of victims, according to one of their attorneys.

Persons: Max, ” Organizations: CNN, The Justice, Boeing, Justice Department, Government, Department Locations: United States, Texas

CNN —A federal judge on Monday dismissed the classified documents case against Donald Trump, a shock ruling that clears away one of the major legal challenges facing the former president. In a 93-page ruling, District Judge Aileen Cannon said the appointment of special counsel Jack Smith violated the Constitution. She did not rule on whether Trump’s alleged mishandling of classified documents was proper or not. Even though a trial before the presidential election was considered highly unlikely, many legal experts had viewed the classified documents case as the strongest one of the four cases that were pending against the former president. Smith had charged Trump last year with taking classified documents from the White House and resisting the government’s attempts to retrieve the materials.

Persons: Donald Trump, Aileen Cannon, Jack Smith, ” Cannon, Cannon, Trump, ”, Smith, –, Clarence Thomas, James Pearce, “, Justice Department “, it’s Organizations: CNN, Republican National Convention, Truth Social, Justice Department, White, Trump, DOJ, United, United States Attorney Locations: Washington , DC, Georgia, New York, United States

There may be a path for Smith to revive the case, Cannon noted in her ruling, and Smith can appeal the decision. Cannon left open a potential pathway in her ruling for the classified documents case to be revived. (He is being prosecuted by a separate special counsel, David Weiss.) And during the Trump-Russia investigation, multiple Trump allies similarly attempted to derail special counsel Robert Mueller’s work. Former Attorney General Edwin Meese and Citizens United argued the same, writing that Smith’s appointment “severely undermines” the constitutional order.

Persons: Donald Trump’s, Aileen Cannon, Jack Smith, General Merrick Garland, Smith, Cannon, Trump, “, ”, ” Cannon, Garland, Bill Barr, John Durham, Smith’s, it’s, Clarence Thomas The, Clarence Thomas, Thomas ’, Thomas, John Roberts, wasn’t, ” Thomas, Steve Vladeck, Joe Biden’s, Hunter Biden, David Weiss, Robert Mueller’s, James Pearce, Cannon’s, Edwin Meese, ” “ Organizations: Washington CNN, Trump, Republican National Convention, Republican, Justice Department, Senate, United, United States Attorney, Defense, Treasury, The, Prosecutors, CNN, Georgetown University Law Center, FBI, Former, Citizens United Locations: Milwaukee, United States, California, Delaware, Russia, Virginia, Washington, DC, Mar

☆ Read the Ruling That Dismisses the Documents Case Against Trump
▼ + stars: | 2024-07-15 | by ( ) www.nytimes.com time to read: +2 min

Case 9:23-cr-80101-AMC Document 672 Entered on FLSD Docket 07/15/2024 Page 34 of 93 i. Statutory History The currently codified version of Section 515(b) can be traced back to the establishment of the Department of Justice in 1870. See An Act to Establish the Department of Justice, ch. 150, 16 Stat. 162, 164–65 (1870) (hereinafter, the "DOJ Act"). Put another way, nothing in this language shows Congress's intent that “special assistants”—personnel authorized to "assist in the trial of any case in which the government is interested"—would function with the power of a United States Attorney.

Persons: “, ” Organizations: Department of Justice, Attorney, United Locations: United States

☆ Trump has an idea for unity: stop all his trials
▼ + stars: | 2024-07-15 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Read previewIn the wake of an assassination attempt against him, Donald Trump has an idea to unite the country: stop prosecuting him. Shortly after a Florida judge dismissed the classified documents case against Trump, Trump urged in a post on Truth Social on Monday that all remaining charges against him should be dropped. Without providing any details, Trump told the Post "we hear" that Biden will order the Department of Justice to drop its criminal cases against Trump. Trump and the GOP have repeatedly alleged, long before Saturday's shooting, that Biden is behind the charges against Trump. "Our prayers are with the victims of the shooting, President Trump and our country."

Persons: —, Donald Trump, Trump, Joe Biden's, us, Biden, Biden wouldn't, there's, Robert O'Brien, Mike Lee of, We've, O'Brien Organizations: Service, Trump, Business, Democrat Justice Department, The New York, of Justice, DOJ, GOP, Sunday Locations: Pennsylvania, Florida, Mike Lee of Utah, PA, New York, Georgia

The FBI said Sunday that the shooter at Trump’s rally in Pennsylvania acted alone and that it is still actively investigating the shooter’s background – including working to gain access to his phone. “We are working to get access to the phone,” Kevin Rojek, special agent in charge of the FBI’s Pittsburgh field office, said Sunday. Rojek confirmed the gun used in the shooting was an AR-style rifle that was purchased legally. FBI Deputy Director Paul Abbate also said the FBI is “seeing that tick up in the aftermath of this event. “The violence we saw yesterday is an attack on democracy itself,” Garland said.

Persons: Kevin Rojek, “, ” Rojek, ”, Rojek, Bobby Wells, Paul Abbate, We’ve, General Merrick Garland, Biden, ” Garland Organizations: FBI, Counterterrorism Division Locations: Pennsylvania, Pittsburgh, Quantico, Washington ,

☆ How Boeing defrauded the United States and escaped with a slap on the wrist
▼ + stars: | 2024-07-13 | by ( Chris Isidore | Pete Muntean | ) edition.cnn.com time to read: +10 min

Boeing agreed to plead guilty to a charge that it defrauded the Federal Aviation Administration, hiding crucial information about a design flaw on the 737 Max during its original certification process. Boeing attorneys had it as part of their mission to make sure that its executives did not face any criminal charges, Lindquist said. A Boeing spokesman said the company had no comment about the anticipated guilty plea or the case beyond a brief statement confirming the agreement. Another way to make executives payEven if there are no criminal charges brought against executives, they can face significant penalties, Arlen said. Why Boeing will keep its government contractsThe most serious penalty that Boeing could face is by far the least likely – it could be barred from federal government contracts due to its guilty plea.

Persons: Critics, ”, Peter Goeltz, Goeltz, “ I’m, Moody’s, Paul Cassell, Jemal Countess, “, Mark Lindquist, Lindquist, FAA ”, Mark Forkner, ” Lindquist, there’s, that’s, Arlen, Dave Calhoun, Dennis Muilenburg, Calhoun, Max, Patrick Ryder, Robert Clifford, – CNN’s Natasha Bertrand Organizations: New, New York CNN, Boeing, Federal Aviation Administration, National Transportation Safety Board, CNN, ”, Alaska Airlines, Justice Department, FAA, Volkswagen, University of Utah, Ethiopian Airlines, Max, Alaska Air, DOJ, “, Department of Defense, Pentagon, Air Force, Department of Justice, they’re Boeing Locations: New York, Alaska, Indonesia

☆ Opinion: It’s time more horror films push back against queer stereotypes
▼ + stars: | 2024-07-13 | by ( Opinion Noah Berlatsky | ) edition.cnn.com time to read: +7 min

But the portrayal of trans women as predators was a new innovation that had a huge impact on the horror genre. Andit had a big impact on Jonathan Demme’s “The Silence of the Lambs” in which the terrifying serial killer, Buffalo Bill, is a predatory trans woman (or more precisely, as Jos Truitt has explained, Bill is a transphobic caricature of a trans woman). The danger isn’t from trans women — it’s from heterosexual cis patriarchs — a reality much truer to life than Hitchcock’s fever dream. Perhaps in part for that reason, the director is careful not to make Longlegs trans or gay. It’s not just “Longlegs” which displaces violence onto queer people: Movies like “Psycho” and “Silence of the Lambs” are often acts of aggression aimed by male directors at queer people (and especially at queer women).

Persons: Noah Berlatsky, —, Noah Berlatsky Noah Berlatsky, Oz Perkins, Julia Ducournau’s “, ”, John Logan’s “, Longlegs ”, “, Lee Harker, Maika Monroe, Perkins, Anthony Perkins, Norman Bates, Alfred Hitchcock’s, ” Hitchcock, Bates, he’s, Norman, fatales, Hitchcock, Brian DePalma’s, Jason, James Wan’s, Andit, Jonathan Demme’s “, Bill, Jos Truitt, Alfred Hitchcock, Harker, it’s, Harker’s, Hunter ”, Perkins doesn’t, Longlegs, Nicholas Cage, Berry Berenson, Ted Levine, Ken Regan, Orion, queerness, Marc Bolan, Buffalo Bill, It’s Organizations: CNN, FBI, Lambs, Paramount, “, DOJ, Buffalo, Twitter Locations: Chicago, Hollywood, UCLA

☆ Senators ask DOJ to investigate 'serious possibility of additional tax fraud' by Clarence Thomas
▼ + stars: | 2024-07-09 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Read previewTwo Democratic senators have called on Attorney General Merrick Garland to open a special counsel investigation into Clarence Thomas. This story is available exclusively to Business Insider subscribers. Presented with opportunities to resolve questions about his conduct, Justice Thomas has maintained a suspicious silence." AdvertisementA spokesperson for the Justice Department declined to comment on the letter when reached by Business Insider. Thomas has previously denied any wrongdoing, arguing gifts from Crow and others fall under a "personal hospitality exemption," meaning they don't require disclosure.

Persons: —, General Merrick Garland, Clarence Thomas, Sheldon Whitehouse, Ron Wyden, Thomas, Harlan Crow, Mark Martin, Whitehouse, Thomas's, he'd, Crow Organizations: Service, Oregon, Supreme, Business, Judicial Conference, Wyden, Finance, Justice Department, Business Insider Locations: Sens, Rhode Island, Crow

☆ Boeing agreed to plead guilty to a fraud conspiracy charge over the 737 Max saga, but it isn't out of the woods just yet
▼ + stars: | 2024-07-08 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Read previewBoeing has agreed to plead guilty to one count of fraud conspiracy, the Justice Department said in a Sunday court filing. In May, the Justice Department said Boeing failed to "design, implement, and enforce a compliance and ethics program." AdvertisementSunday's plea deal will see Boeing pay an additional $243.6 million — the same criminal penalty as in 2021. Advertisement"This sweetheart deal fails to recognize that because of Boeing's conspiracy, 346 people died," he said in a statement. Government contractsBy pleading guilty to fraud conspiracy, Boeing will have committed a felony — jeopardizing its government contracts.

Persons: —, it's, Paul Cassell, Sunday's, Richard Blumenthal Organizations: Service, Boeing, Justice Department, DoJ, Business, Alaska Airlines, Street Journal, FBI

☆ Boeing's big mea culpa just dropped and it doesn't look pretty
▼ + stars: | 2024-07-08 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Last week, Bloomberg reported that federal prosecutors had offered Boeing the choice of either accepting the plea deal or risk facing trial. Under the plea deal, Boeing will have to pay a fine of $243.6 million. This is on top of the $243.6 million Boeing had already paid as part of the 2021 settlement it breached. Related storiesPaul Cassell, an attorney for 15 of the victims' families, told BI on Monday that he has filed an objection to the plea deal. "A judge can reject a plea deal that is not in the public interest, and this deceptive and generous deal is clearly not in the public interest."

Persons: —, Paul Cassell, " Cassell Organizations: Service, Boeing, Justice Department, Business, Bloomberg, BI, Max, DOJ, Federal Aviation Administration, Company Locations: Indonesia, Ethiopia

☆ Biden should release the tapes of his Robert Hur interview if he wants to prove he's not too old
▼ + stars: | 2024-07-05 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

Biden is 81 years old and, if he completes another term, would be 86 by the end of his presidency. There is a move he can take to help turn the tides: Release the Hur tapes. In later testimony before Congress, Hur said Biden "himself put his memory squarely at issue." His White House lawyers also wrote letters objecting to the language, writing Hur characterized Biden's memory "in sweeping, quasi-medical terms." The audio of Biden's interview could be manipulated by deepfakes in a politically volatile moment, they say.

Persons: —, Joe Biden, Donald Trump, Biden, Robert Hur, Hur, Beau Biden, Karine Jean, Pierre, General Merrick Garland, Garland, Joe Biden's, Win McNamee, deepfakes, Bob Bauer, Charles Tobin, Ballard Spahr, Tobin Organizations: Service, Business, ABC, Justice, White, White House Press, Justice Department, Republicans, Judicial Locations: Washington ,

☆ CNBC Daily Open: U.S. seeks Boeing guilty plea
▼ + stars: | 2024-07-01 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. On Friday, the S&P 500 and Nasdaq hit record highs before pulling back. Boeing 'guilty plea'U.S. prosecutors plan to seek a guilty plea from Boeing over a charge related to two fatal 737 Max crashes in 2018 and 2019, attorneys for the victims' family members said. [PRO] Rally will broadenThe tech sector has driven market performance in 2024, with the S&P 500 tech group up 28% and Nvidia soaring 149%, while small-caps have lagged.

Persons: Max, John Donahoe, Morgan Stanley, Stifel, Gregory Greene, Mary Daly, CNBC's Andrew Ross Sorkin, John Stoltzfus, Lisa Kailai Han Organizations: Dow Jones, Nasdaq, CNBC, Hezbollah, Boeing, U.S, The Justice, DOJ, Nike, Federal Reserve, San Francisco Fed, Nvidia Locations: Israel, Iran, Gox, Japanese

But the court’s opinion also makes clear that this ruling is not a death knell for Smith’s case. Smith charged Trump with engaging in a “criminal scheme” to subvert the 2020 election; Trump has pleaded not guilty to four counts. In Nixon v. Fitzgerald, the Supreme Court held that a president enjoyed civil immunity for all “official acts.” Now, in Trump v. United States, the court grappled with which “official” acts should also receive criminal immunity. In order to settle the extent of Trump’s immunity, Chutkan should expeditiously schedule the mini-trial to hear witness testimony and receive other relevant evidence from both parties. In response to Trump’s assertion of civil immunity there, the DC Circuit put in place a lengthy discovery schedule for the lower court to determine the extent of Trump’s civil immunity.

Persons: Norman Eisen, “, Donald Trump, Danya Perry, Joshua Kolb, Neil Gorsuch, Jack Smith’s, Donald Trump’s, Norm Eisen, Tanya Chutkan, Smith, Trump, Nixon, Fitzgerald, —, Joshua Kolb CJ, John Roberts, Justice Department —, Mike Pence, Mark Meadows, Jeffrey Clark —, Clark, Steve Jones, Meadows, Brad Raffensperger, Jones, Meadows’s, Sotomayor, Chutkan, Pence, Bill Barr —, Trump’s, slimming, ”, Justice Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson Organizations: CNN, Perry Law, Division, Southern, of, State, Moreland Commission, Nixon, Trump v ., Justice Department, Trump, White, Trump administration, Georgia, Meadows, Circuit, Congress, Capitol Police, Capitol, DC Circuit, Twitter Locations: of New York, New York, Moreland, Trump v, Trump v . United States, Georgia, Fulton, Meadows

☆ U.S. plans to seek guilty plea from Boeing over fatal 737 Max crashes
▼ + stars: | 2024-06-30 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

U.S. prosecutors plan to seek a guilty plea from Boeing over a charge tied to two fatal crashes of 737 Max planes, attorneys for the victims' family members said Sunday, blasting a potential agreement as a "sweetheart deal." Boeing declined to comment, and it wasn't immediately clear if it would accept a plea deal. The DOJ said in May that it was reviewing whether Boeing violated a 2021 settlement that protected Boeing from federal charges. The company agreed to pay a $2.5 billion penalty for a conspiracy charge tied to the 2018 and 2019 crashes of its best-selling 737 Max planes, which killed all 346 people on the two flights. That system was later implicated in the two crashes, the DOJ said in 2021.

Persons: wasn't, Department didn't Organizations: Alaska Airlines Flight, Boeing, National Transportation Safety Board, U.S, Department, DOJ, Alaska Airlines, Federal Aviation Administration Locations: Alaska, Portland , Oregon, U.S

☆ Families of Boeing victims object to its proposed 'sweetheart plea deal' with the DOJ, attorney says
▼ + stars: | 2024-06-30 | by ( Lloyd Lee | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Boeing earlier reached a deferred prosecution deal with the DOJ for two fatal crashes in 2018 and 2019. The DOJ now plans to charge Boeing with fraud after officials found Boeing violated that deal. The new plea deal doesn't hold Boeing accountable for the deaths, an attorney for the families told BI. AdvertisementFamilies of the victims of the two fatal Boeing 737 Max crashes are denouncing a plea deal the Justice Department is preparing to offer the airplane manufacturer, an attorney representing some of those families told Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Boeing, DOJ, Service, Justice Department, Business, Federal, Bloomberg

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