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A Pakistani man allegedly tied to Iran has been charged with an elaborate plot to assassinate current and former government officials, potentially including former President Donald Trump. The complaint does not name an alleged target or targets, but a senior law enforcement official said Trump was one of the potential targets of this plot. Merchant allegedly told the confidential source that the “people who will be targeted are the ones who are hurting Pakistan and the world, [the] Muslim world. On June 10, Merchant allegedly met in New York with undercover law enforcement officers posing as assassins for hire. Asif Merchant paid the undercover law enforcement officers $5,000 so they knew they were going forward.
Persons: Donald Trump, Asif Merchant, Merchant, Trump, Lester Holt, Christopher Wray, DOJ Merchant, Qassem Soleimani, Butler, General Merrick Garland, , Organizations: NBC, DOJ, NBC News, ., Quds Force, Islamic Revolutionary Guard Corps, Service, Trump, FBI Locations: Iran, Pennsylvania, Pa, Texas, New York, Pakistan
Federal prosecutors have charged Asif Merchant, a Pakistani national with alleged ties to Iran, in a murder for hire plot of a U.S. politician or government officials. A Pakistani national with ties to Iran was charged in a foiled plot to assassinate U.S. government officials on American soil, the Department of Justice said Tuesday. Merchant unwittingly coordinated with a confidential law enforcement source, who put him in touch with two more undercover agents purporting to be hitmen, the DOJ said. Law enforcement officials do not believe the alleged plot by Merchant is related to the assassination attempt against Trump at the rally in Pennsylvania, NBC reported. Trump's Secret Service protection was increased prior to that rally, after U.S. officials learned of an Iranian plot to kill Trump, NBC reported in mid-July.
Persons: Asif Merchant, Donald Trump, NBC News . Merchant, Trump, Merchant Organizations: U.S, Department of Justice, NBC News ., DOJ, Republican, Trump, NBC Locations: Iran, U.S, Texas, Pennsylvania, Iranian, Iraq
Read previewWhen it comes to all-inclusive vacations, I've seen it all — from mega resorts the size of small cities to sex-themed hotels where clothing is optional. Simone PagetAs someone who prefers quirky boutique hotels, the decor at all-inclusive resorts can often feel bland. Simone PagetThe resort offers things I've never seen anywhere else, like rooftop pickleball courts that glow in the dark at night. AdvertisementPlus, whether you're at the pickleball court or the pool, you're never far from your next margarita — it's always 5 o'clock somewhere. It's one of the best all-inclusive resort experiences I've had in years.
Persons: , I've, I'm, Jimmy Buffett, Simone Paget, Margaritaville, Simone Paget Margaritaville, Lola's, that's, Simone Paget I, Joe Merchant's, margarita — it's, margarita Organizations: Service, Business Locations: Cancún, Mexico, Margaritaville, margaritas,
Man sits on a sofa in his living room and uses a credit card to pay online. Stefanikolic | E+ | Getty ImagesFriendly fraud is a broad termCredit card experts say identifying friendly fraud can be difficult. "We look at the number of accounts, number of disputes, number of overturned disputes, number of closed accounts. Looking at Socure's research, $89 billion of the $100 billion attributed to this type of fraud is lost by merchants. The remainder comes from credit card fraud loss ($18 billion) and the dispute resolution from the top 15 U.S. banks.
Persons: Robert Painter, Chi Chi Wu, That's, Wu, Johnny Ayers, Ayers, Domenic Cirone Organizations: Getty, National Consumer Law, Merchant Risk Council Locations: U.S
Unlike the main wedding festivities over the weekend, this event was "just for close family and friends," she said. AdvertisementMukesh Ambani, the Chairman of Reliance Industries, Isha Piramal, Anand Piramal, Nita Ambani, Anant Ambani, Rihanna, Radhika Merchant, Shloka Mehta Ambani and Akash Ambani stand on the stage. Decorations around the Ambani family's residence in Mumbai, India, ahead of the wedding of Anant Ambani on July 12. Priyanka Chopra Jonas and Nick Jonas attend the Ambani wedding on Friday. Kim Kardashian and Khloe Kardashian were among a number of high-profile guests at the Ambani wedding in Mumbai.
Persons: , Anant Ambani, Radhika Merchant's, Merchant's, I'm, Nita Mukesh Ambani, Mukesh Ambani, Isha Piramal, Anand Piramal, Nita Ambani, Rihanna, Radhika Merchant, Shloka Mehta Ambani, Akash Ambani, Justin Bieber, You'll, They're, Ambani, Bhushan Koyande, Celebrities, Preston Bailey, Anant, Priyanka Chopra Jonas, Nick Jonas, Francis Mascarenhas, everyone's, Kim Kardashian, Khloe Kardashian, Kardashian, Narendra Modi, Luis Fonsi, John Cena, PUNIT PARANJPE, didn't, Law Roach Organizations: Service, Business, sangeet, Reliance Industries, Reuters, Staff, Hindustan Times, Getty Images Merchant, Vogue, Hollywood, Food, India's Locations: Mumbai, India, Bombay
Indian Prime Minister Narendra Modi seemed to divert some attention from the lavish Ambani wedding in Mumbai. Posters bearing the PM's face lined the route to the ceremony for Anant Ambani and Radhika Merchant's wedding. Anant Ambani is the son of Mukesh Ambani, Asia's richest man. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIndian Prime Minister Narendra Modi has seemingly stolen some of the attention away from the lavish Ambani wedding in Mumbai this weekend.
Persons: Narendra Modi, Anant Ambani, Radhika Merchant's, Mukesh Ambani, , Kim Kardashian, Mike Tyson, John Cena — Organizations: Indian, Service, Business Locations: Mumbai
A judge issued a disqualification ruling in Fulton County DA Fani Willis from Trump's election interference case. AdvertisementA Georgia judge has ruled that Fulton County District Attorney Fani Willis can continue to oversee former President Donald Trump's historic state election interference case — but only if her top prosecutor steps aside. Related storiesThey both testified at a February 15 evidentiary hearing that the District Attorney has always been fiercely financially independent and paid her own way. The mere appearance of a conflict was strong enough to require removing either Wade or Willis from the case, he wrote. The judge gave District Attorney Fani Willis an option to recuse herself and her office, or for her top prosecutor to withdraw from the case.
Persons: Fani Willis, Willis, Mike Roman, , Donald Trump's, Scott McAfee's, Nathan Wade, McAfee, Wade, SADA Wade, Ashleigh Merchant, Trump's codefendant Mike Roman, Merchant, Trump, Terrence Bradley, Bradley, Terrance Bradley, John Merchant, Adam Abbate, Abbate Organizations: Fulton, Trump, Service, State, Attorney, Roman, DAs Locations: Fulton County, Georgia, Atlanta, Trump's Georgia
You think I'm on trial," Willis quipped to a defense attorney. In a hot pink dress, and visibly displeased, Willis took the stand with an argumentative attitude and choice words for the defense attorney questioning her. Yeartie testified in the case Thursday, saying Willis and Wade began a relationship in 2019, contradicting his prior claims. Willis was verbose on the stand, cracking jokes and snapping at the defense attorney as she appeared eager to take back control of the case. AdvertisementDozens of reporters were squeezed into the back three rows of the downtown Atlanta courtroom, awaiting Willis' testimony.
Persons: , Fani Willis, Nathan Wade, Donald Trump, Willis, I'm, Craig Gillen, Ashleigh Merchant's, Wade, Robin Bryant Yeartie, Yeartie, Donald John Trump, Scott McAfee, Alyssa Pointer, Mike Roman, Merchant, didn't, Trump, Wade vacationed, quipping Organizations: Service, Fulton, Business, of, Lawyers, Trump, Merchant Locations: ATLANTA, Fulton County, Georgia, of Georgia, Fulton, Atlanta , Georgia, Tennessee, Miami, Atlanta
Spring is former CEO of Bloomingdale's and begins as Macy's CEO in February 2024, succeeding longtime Macy's CEO Jeff Gennette, right. Spring will step onto a bigger stage and inherit the iconic department store's issues when he takes over the role of Macy's CEO on Sunday. He said after leading "the better-run part of the business" in Bloomingdale's, Spring needs to bring those "softer skills" to Macy's. Wooing investors and brandsIn his new role, Spring will have to charm investors, shoppers and hot brands. Macy's struggles have turned the retailer into a target for the activist investors Spring will face down as he becomes CEO.
Persons: Spring, Jeff Gennette, Melissa Repko, Macy's, Tony Spring, Bloomingdale's, Neil Saunders, Gennette, Tony, I'm, Sandro, Alice, Olivia, GlobalData's Saunders, Saunders, Jan, Arkhouse, Gavriel Kahane Organizations: CNBC, Herald, Investors, Maxx, Walmart, Cornell University, Arkhouse Management, Brigade Capital Management Locations: New York, Macy's, White Plains , New York, Bloomingdale's
ATLANTA (AP) — Accusations that Fulton County District Attorney Fani Willis had an inappropriate relationship with a special prosecutor she hired to seek convictions of Donald Trump and others for interfering in Georgia's 2020 election have led to renewed calls to remove Willis from the case. Merchant alleges that Willis' office paid Wade large sums and that Willis improperly benefited when Wade then paid for the two of them to go on vacations. Willis, an elected Democrat, has shown no signs of stepping down, but there are ways she could be removed. COULD WILLIS STEP AWAY FROM THE CASE IN ORDER TO SAVE IT? Many Republicans would like to see Willis investigated by Georgia's new Prosecuting Attorneys Qualification Commission.
Persons: Fani Willis, Donald Trump, Willis, Nathan Wade, Ashleigh Merchant, Michael Roman, Merchant, Wade, Wade's, Scott McAfee, McAfee, Robert McBurney, Sen, Burt Jones, Trump, , McBurney, Jones, Danny Porter, WILLIS, it's, Porter, Norm Eisen, Barack Obama's, , Eisen, Mr, hasn’t, State Sen, Colton Moore, Bob Ellis, Fulton, Greg Dolezal, Cumming, ” Dolezal's Organizations: ATLANTA, Trump, White, Fulton, Georgia Republicans, Democratic, of, Atlanta —, Council, Commission, Republicans, Republican, GOP Locations: Fulton County, Miami, San Francisco, Fulton, of Georgia, Gwinnett County, Atlanta, Georgia, State, Trenton
Fulton County DA Fani Willis was accused of having an "improper" relationship with a prosecutor. Willis appointed the prosecutor, Nathan Wade, to oversee the RICO case against Trump. The motion seeks to dismiss the indictment and disqualify Willis and Wade and their offices from further prosecuting the case. Willis said she hired three special prosecutors for the election case: a white man, a white woman, and a Black man. If Willis financially benefited from her relationship with Wade, that may be an ethics violation," he said.
Persons: Fani Willis, Willis, Nathan Wade, , Sunday, Donald Trump, Martin Luther King Jr, Ashleigh Merchant, Michael Roman, Merchant, Wade, Fulton, Scott McAfee, Steve Sadow, King, she's, I'm, Pete Skandalakis, McAfee, Stephen Gillers, Trump Organizations: Fulton, Trump, Service, Big Bethel AME Church, White, New York Univerity Law School, Atlanta Locations: Fulton County, Georgia, Big Bethel, Atlanta, New York
ATLANTA (AP) — Fulton County District Attorney Fani Willis on Sunday defended the qualifications of a special prosecutor she hired for her case against Donald Trump and others over efforts to overturn the 2020 election in Georgia after a defense lawyer accused Willis of professional impropriety. At the church, Willis did not address the allegations of an improper relationship. They are paid the same hourly rate and no one has questioned the qualifications of the two white lawyers, she said. Merchant's filing offered no proof of the alleged relationship or trips that she said that Willis and Wade had taken together. Pete Skandalakis, a former district attorney who is executive director of the Prosecuting Attorneys’ Council, said district attorneys do not have to seek permission before hiring a special prosecutor.
Persons: Fani Willis, Sunday, Donald Trump, Willis, Martin Luther King Jr, , Ashleigh Merchant, Michael Roman, Nathan Wade, Wade, Scott McAfee, Steve Sadow, King, King “, , she's, ” Willis, “ I'm, ” Merchant, Merchant, Pete Skandalakis, McAfee Organizations: ATLANTA, Big Bethel AME Church, Trump, White, Locations: Fulton County, Georgia, Big Bethel, Atlanta
These deals help banks meet capital requirements more efficiently, allowing them to keep lucrative businesses that would otherwise become unprofitable. Investors in these deals include lightly-regulated entities like hedge funds, shifting risk to the shadow banking sector. Credit risk transfer is another tool for them to pursue after the Fed’s clarification on what is allowed, said Cory Wishengrad, head of fixed income at Guggenheim Securities. That means Merchants sold the riskiest tranche of the loan portfolio, maximizing the capital relief it could get on it. Whether U.S. regulators will allow such insurance deals to qualify for capital relief is still untested, Staudinger said.
Persons: Morgan Stanley, Blackstone, Jill Cetina, Jon, Claude Zucconi, Zucconi, Michael Barr, Barr, Banks, Missy Dolski, Sam Graziano, Graziano, Cory Wishengrad, Jed Miller, Taft, Morgan Stanley's, Morgan, Deborah Staudinger, Hogan Lovells, Staudinger, Shankar Ramakrishnan, Paritosh Bansal, Nick Zieminski Organizations: Blackstone Group, JPMorgan Chase, Merchants Bank of Indiana, US Bancorp, Investors, JPMorgan, Merchants Bank, Federal Reserve, Varde Partners, Financial, Guggenheim Securities, U.S . Bank, Fed, Reuters, Merchants, Thomson Locations: U.S, Wickersham, Europe, Indiana
Tyler linked his post to a $34.88 smartwatch available on TikTok Shop from a merchant called MoonMates, which did not represent the item as Apple-made. Because the video featured a TikTok Shop tag, Tyler was likely eligible for a commission on any watch sales his video generated. Others may do it unintentionally because they're not entirely sure whether a steeply discounted TikTok Shop product is authentic. If false video reviews proliferate across TikTok Shop, it could pose an existential risk for the nascent e-commerce platform. TikTok user Vincent Patritto went viral in September after promoting a pair of Crocs that were available on TikTok Shop.
Persons: Austin Tyler, Tyler, TikTok, they're, Brett Hollenbeck, Hollenbeck, it's, Vincent Patritto, they've, Patritto, Lululemon Athletica, Influencers, aren't Organizations: Apple, Apple Watch, Shop, UCLA's Anderson School of Management, New, Prime, YouTube, Expedia, UCLA
Like on the app, shoppers using the new site can search for and purchase products from across Shopify's merchant base. Shop Cash can only be redeemed on Shop. The app and website also display special offers from merchants where shoppers' Shop Cash rewards are multiplied. Shopify's web app and Shop app before it are as much marketplaces as Amazon," Juozas Kaziukėnas, CEO of e-commerce intelligence firm Marketplace Pulse, told Insider. We're not disclosing just yet, but the Shop app is becoming much more popular," company president Harley Finkelstein said in response.
Persons: Shopify, Rick Watson, Watson, they've, Siti Panigrahi, Harley Finkelstein Organizations: Google, RMW Commerce Consulting, Cash, Shopify, Shoppers, Shop, Mizuho Securities, LTV, Amazon
The @sosweetshopuk account had 800,000 followers by March 2022, when Robinson began using TikTok Shop, the platform's shopping feature that allows in-app purchases. He soon established a relationship with the TikTok Shop team, who have been helping him navigate the platform and boost sales. Robinson says the lifetime sales of SoSweet products on TikTok Shop are over $2.5 million (£2 million). On the right, a screenshot of what SoSweet's TikTok Shop page looks like. Maryam Malik/SoSweet/TikTokTo spread the firsthand knowledge he's gained, Robinson recently started his own TikTok Shop Partner agency, to consult for small businesses on how to get started on TikTok Shop and how to use it for sales.
Persons: George Robinson, SoSweet, Robinson, Gavin, Stacey, George Robinson Virality, TikTok, Sellers, , Maryam Malik, he's Organizations: Facebook, Bloomberg, SoSweet, Merchants Locations: Devon, England, Newquay , Cornwall, TikTok
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's very little chance that rates are going to come down, says Atlas Merchant's Bob DiamondBob Diamond, Atlas Merchant Capital CEO and former Barclays CEO, joins 'Squawk Box' to discuss the latest market trends, the Fed's rate hike campaign, commercial real estate, and more.
Persons: Bob Diamond Bob Diamond Organizations: Atlas Merchant Capital, Barclays
About 16,000 Shopify Plus merchants will lose access to the company's merchant success managers. Merchants success managers are a key perk of the Shopify Plus subscription. Shopify plans to tell about 16,000 of its Plus merchants that they will no longer have direct access to merchant success managers, a key perk of the higher-priced subscription. Merchant success managers are Shopify employees who consult with Plus merchants about launching and running their online stores. They're often touted as a benefit that can help merchants "get the most value out of Shopify Plus."
Persons: Biss, Shopify Organizations: Merchant, Shopify
But many customers still witness challenges during and after checkout, including false declines and fraud. Below are four common checkout mistakes that enterprise e-commerce businesses make and how to avoid them. If those thresholds are too conservative, they can lead to false declines; if they're too liberal, they become more vulnerable to fraud. E-commerce merchants lost an estimated $11.1 billion in false declines last year. The machine learning models can distinguish between legitimate and fraudulent transactions to reduce false declines.
Persons: they're, Cindy Turner, Turner, Chargebacks, PayPal Braintree6, Experian, Cartes Organizations: Enterprise, PayPal, PayPal Braintree, Merchants, Insider Studios, Accounting, Deloitte, Novarica, Naked, LexisNexis, DE Locations: PayPal Braintree, Risk, chargebacks, . CA
With Amazon announcing on Wednesday that the 2023 Prime Day sales event will take place July 11-July 12, now's an especially good opportunity for sellers to ramp up promotions. This year, there are some new deal offers Amazon is trying out, including exclusive deals on fast-selling items for Prime subscription club members, as well as Prime Day deals that will be available on third-party retailer websites, backed by Amazon's inventory and shipping infrastructure. You can learn a lot from Lightning DealsOn Prime Day, Lightning Deals are exclusively for Prime Members, but this type of promotion can be offered more broadly at other points of the year. Lightning Deals tend to generate excitement because they are only available for a short time. Customers can view available offers by clicking on the link on Amazon's homepage for "Today's Deals" or "Prime Day."
Persons: now's, Phil Masiello, Troy Evans, Evans, Sellers, Gia Ching, it's, I've, Nick Mattar, Masiello Organizations: Amazon, GCC Consulting, Prime, Digital Locations: Skai, Digital Detroit
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAtlas Merchant's Bob Diamond: Fed doesn't see magic in 2% inflation, it's about stabilityBob Diamond, Atlas Merchant Capital CEO and former Barclays CEO, joins 'Squawk Box' to discuss the outlook for Federal Reserve rate hikes, where the markets got ahead of themselves, and the durable strength of consumers.
Persons: Bob Diamond Organizations: Atlas Merchant Capital, Barclays, Federal
With Shop, TikTok wants to replicate the success of commerce on its Chinese sister app Douyin. Patrick Nommensen, TikTok GM of UK ecommerce, discussed some of the details for brands and creators. TikTok has big ambitions for shopping and has been investing heavily in it — from developing a logistics business to powering in-app purchases through TikTok Shop. Overseeing TikTok Shop has been one of Nommensen's focuses. Nommensen said TikTok has been working with some high-tier creators and celebrities on a strategic basis to spread awareness around TikTok Shop, pairing them with merchants.
Persons: TikTok, Patrick Nommensen, It's, Nommensen, Nommensen's, livestreaming, Sellers, it's Organizations: TikTok, ByteDance, Street Journal, Facebook, Insider Intelligence Locations: Asia, TikTok, Musical.ly, Spain, Brazil, Southeast Asia, China
Gold holds steady ahead of U.S. inflation print
  + stars: | 2023-05-10 | by ( ) www.cnbc.com   time to read: +2 min
Gold bars are displayed at a bullion merchant's, Baird & Co., in London, U.K., on Friday, March 14, 2008. Gold prices were flat on Wednesday, as traders positioned themselves for key U.S inflation data due later in the day, which could impact the Federal Reserve's policy stance. Although gold is considered a hedge against inflation, rising interest rates dull non-yielding bullion's appeal. "The outlook of a weak U.S. currency and yields reignite the safe haven status of gold. Spot silver fell 0.1% at $25.58 per ounce, platinum edged 0.1% higher to $1,105.82, and palladium gained 0.1% at $1,571.23.
35 Ways Real People Are Using A.I. Right Now
  + stars: | 2023-04-14 | by ( Francesca Paris | Larry Buchanan | ) www.nytimes.com   time to read: +24 min
People are using ChatGPT and other A.I. Here’s how 35 real people are using A.I for work, life, play and procrastination. People are using A.I to …Plan gardens. Chris Norn Researcher at the University of Washington Two years ago researchers cracked the code on using A.I. When you run a Dungeons & Dragons game, Mr. Green says, you have to be creative, but that almost always means pulling from existing fantasy literature.
Gold bars are displayed at a bullion merchant's, Baird & Co., in London, U.K., on Friday, March 14, 2008. Gold prices edged higher on Friday, set for a second consecutive weekly gain, as the U.S. dollar tumbled and recent economic data prompted bets that the Federal Reserve is nearing the end of its rate-hike cycle. Spot gold was up 0.2% at $2,044.09 per ounce, as of 0355 GMT, hovering near a one-year high reached on Thursday. The dollar index slid to a one-year low, making bullion cheaper for buyers holding other currencies. Gold is considered a hedge against inflation and economic uncertainties, but higher interest rates dim non-yielding bullion's appeal.
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