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☆ Kenneth Kimes went on a deadly crime spree with his mother Sante. Now he’s speaking out
▼ + stars: | 2024-11-16 | by ( Faith Karimi | ) edition.cnn.com time to read: +12 min

Learn more about the dark saga of Sante and Kenneth Kimes in the latest episode of “How It Really Happened,” airing Sunday at 10 p.m. As investigators dug deeper they learned that “Manny Guerrin,” the name Kenneth Kimes gave Silverman when he rented the apartment, did not exist. In a 2000 interview with CNN’s Larry King, Sante Kimes called their arrest a witch hunt, saying they were victims of mistaken identity. Kenneth Kimes Sr. pleaded guilty to a lesser charge, but Sante Kimes went to prison in 1985. When he or other people called for Kenneth Sr., Sante Kimes would say he was traveling, in the shower or had laryngitis, he said.

Persons: Sante, Kenneth Kimes, CNN — Irene Silverman, he’d, Silverman, —, Kimes, Kenneth Kimes ., …, ‘ ” Kenneth Kimes, “, . Silverman, ”, Thomas Ryan, Irene Silverman, who’d, “ Manny Guerrin, Sante Kimes, Nassau . Kent Walker, Mike Albans, CNN’s Larry King, “ Kimes, Irene Silverman's, Stuart Ramson, Elizabeth Taylor, –, didn’t, Kenneth Kimes Sr, Santa Barbara, Kenneth Sr, Richard J, Suge Knight, Lyle, Erik Menendez, ” Sante, he’s, he’ll, I’ve Organizations: CNN, Getty, Radio City, New York City Police Department, New York City, Lincoln Town Car . Police, Police, Los Angeles International Airport, Lincoln, FBI, NY Daily, University of California, Donovan Correctional Locations: New York City, Los Angeles, Bahamas, San Diego, New York, Las Vegas , Los Angeles, Nassau, Central America, Las Vegas , Hawaii, In Nevada, California, Los, Nassau ., Angeles, New Jersey, Santa

☆ 'the Menendez Brothers' Netflix Doc Director: Lyle and Eric Should Be Freed
▼ + stars: | 2024-11-05 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +7 min

But amid a sea of Menendez content, Alejandro Hartmann's new Netflix documentary has one thing most Menendez docs don't: both brothers telling their story in their own words. 'The Menendez Brothers' director says being a foreigner helped him offer a fresh perspective on a decades-old caseErik Menendez and his brother Lyle Menendez at a pre-trial hearing in 1992. Related storiesHe also used his outsider status to woo Lyle Menendez, whom he knew would be the more difficult brother to secure for an interview. He now believes the Menendez brothers should be freedErik Menendez with his attorney Leslie Abramson and his brother Lyle Menendez during their trial. "The Menendez Brothers" is now streaming on Netflix.

Persons: Jose, Kitty Menendez, Lyle, Erik, they've, Ryan Murphy's, Alejandro Hartmann's, Menendez, Richard J, It's, Barbara Walters, Pamela Bozanich, Hartmann, Menendez Brothers, Erik Menendez, Lyle Menendez, Vince Bucci, wasn't, Harmann, He's, Nicholas Chavez, Chloë Sevigny, Javier Bardem, Cooper Koch, Edie Falco, Leslie Abramson, Ryan Murphy, it's, he'd, Ted Soqui, George Gascón, I'm Organizations: Netflix, Donovan Correctional Facility, Business, NBC, Nielsen, Getty, Los Angeles District Locations: Menendez, San Diego, Argentina

☆ NASA astronaut hospitalized after return from space station
▼ + stars: | 2024-10-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

A NASA astronaut was flown to a hospital with an unspecified medical issue on Friday shortly after returning to Earth from a nearly eight-month mission on the International Space Station, the space agency said. The astronaut, who NASA did not name for privacy reasons, had splashed down off Florida’s coast at 3:29 a.m. ET on Friday aboard SpaceX’s Crew Dragon capsule with three other crew members — two NASA astronauts and a Russian cosmonaut. Their 235 days in space made it longer than the usual six-month ISS mission duration and marked the longest stay in orbit for SpaceX’s reusable Crew Dragon spacecraft. The Elon Musk-owned company remains the only U.S. option for NASA astronaut trips to and from the ISS.

Persons: SpaceX’s, Matthew Dominick, Michael Barratt, Jeanette Epps, Alexander Grebenkin, “, Roscosmos, Elon, Starliner, Richard Jones, Jones, William Gerstenmaier Organizations: NASA, Station, SpaceX, ISS Locations: Russian, Pensacola , Florida, Houston, Ascension, Pensacola, U.S, Gulf of Mexico

☆ SpaceX Crew-8 astronauts taken to medical facility ‘out of an abundance of caution,’ NASA says
▼ + stars: | 2024-10-25 | by ( Jackie Wattles | ) edition.cnn.com time to read: +3 min

The four-person crew, which spent nearly eight months aboard the International Space Station before landing in the Gulf of Mexico on Friday at 3:29 a.m. However, the astronauts “were taken to a local medical facility for additional evaluation,” NASA news chief Cheryl Warner said in a statement from the space agency shared at 8 a.m. “Out of an abundance of caution, all crew members were flown to the facility together.”Warner confirmed at 9 a.m. ET that the crew was still at the medical facility, but did not provide details about the nature of the medical checks. Additional weather delays also pushed the Crew-8 astronauts’ return into late October.

Persons: Cheryl Warner, ” Warner, Matthew Dominick, Michael Barratt, Jeanette Epps, Alexander Grebenkin, Roscosmos —, ”, Richard Jones, NASA’s, “ They’ll, ” Jones, ’ Organizations: CNN, NASA, SpaceX, Space, International Space, Boeing Locations: Florida, Houston , Texas, Gulf of Mexico, Gulf, Houston

☆ 'Monsters' actor Leslie Grossman says she won't contact the real-life witness she plays, or visit the killers
▼ + stars: | 2024-10-18 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

"Monsters: The Lyle and Erik Menendez Story" adapts the murder trial of Lyle Menendez and Erik Menendez. AdvertisementLeslie Grossman said she purposely did not contact Judalon Smyth after being cast to play her in Netflix's "Monsters: The Lyle and Erik Menendez Story." "Monsters: The Lyle and Erik Menendez Story," which follows the 1990s trials of Lyle Menendez and Erik Menendez for the murder of their parents, saw early success too, topping Netflix's top 10 charts for two weeks. Judalon Smyth, played above by Leslie Grossman, was a witness in the Menendez brother's first trial. Cooper Koch, who played Erik Menendez in "Monsters," seems to be the only cast member to meet the real-life subjects of the show.

Persons: Lyle, Erik Menendez, Lyle Menendez, Leslie Grossman, Judalon Smyth, Grossman, Smyth, —, Jeffrey Dahmer, Menendez, Menendez brother's, Jerome Oziel, José Menendez, Kitty Menendez, Oziel, Ted Soqui, Cooper Koch, Richard J, Kim Kardashian, Kris Jenner, Khloe Kardashian, Koch, Variety, Ryan Murphy Organizations: Service, Netflix, BI, Getty, Variety, Donovan Correctional Locations: California

We knew it wouldn’t recover.”The youth-led community farm, called Conetoe Family Life Center, was a place where locals and children as young as 5 learned to farm and distribute produce to their neighbors. Joyner launched the Conetoe Family Life Center in 2007 to provide Conetoe and its surrounding cities with nutritious food options. The Conetoe Family Life Center on Sept. 28 after Hurricane Helene. Joyner and the rest of the Conetoe Family Life Center are among hundreds of people working to recover from and repair after the storm. The Conetoe Family Life Center on Sept. 28.

Persons: Richard Joyner, Helene, Joyner, Hurricane Helene, ”, they’re, they’ll, “ It’s, ” Joyner, of Man Coalition Joyner, Conetoe’s, Joe Biden, ” Katharine Hayhoe, “, Benny, Nellie Joyner Organizations: Hurricane, of Man Coalition, The Citizen, Times, Chapel Missionary Baptist Church, Nature Conservancy Locations: Conetoe , North Carolina, Conetoe, Florida, North Carolina, Buncombe County, Asheville

☆ What the 1960 election can teach us about the peaceful transfer of power
▼ + stars: | 2024-10-06 | by ( Chris Wallace | ) edition.cnn.com time to read: +10 min

CNN —Editor’s Note: This essay is adapted from Chris Wallace’s book, “Countdown 1960.”The 1960 presidential election changed everything. Countdown 1960 is the riveting new history by Chris Wallace, bestselling author of Countdown 1945 and Countdown bin Laden, offering a fresh take on 1960 and the dramatic 11 months leading up to a deeply relevant election for the ages. To put it simply: There is good reason to believe the presidential election of 1960 was stolen. And yet, in 1960, the candidate who “lost” refused to contest the results and interfere with the peaceful transfer of power. Kennedy won Illinois and its 27 electoral votes by just 8,858 votes out of more than 4.7 million cast.

Persons: Chris Wallace’s, ”, John F, Kennedy, –, Caroline ”, – Kennedy, Chris Wallace, Random, Richard M, Nixon, Kennedy’s, Nikita Khrushchev, Dwight D, Eisenhower, “, Chicago Mayor Richard J, Daley, Sen, Lyndon Baines Johnson, Kentucky Sen, Thruston Morton, Somebody, That’s, Donald Trump, Joe Biden, ” Trump, Trump, you’re, Mike Pence, Pence, ” Nixon Organizations: CNN, Illinois, Chicago Mayor, Cook County Democratic, The Chicago Tribune, Republican, Democratic, Kentucky, Republican Party national, White House . Fox News, Electoral, Biden, Capitol Locations: Moscow, Cook County, downstate Illinois, Chicago, Cook, Chicago’s Ward, Nixon’s, Texas, Starr County, Illinois, Key Biscayne , Florida, America, Arizona

☆ Actor who plays Erik Menendez in 'Monsters' had an 'emotional' meeting with the convicted murderer thanks to a prison visit arranged by Kim Kardashian
▼ + stars: | 2024-09-29 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +5 min

Erik Menendez told Cooper Koch he "did a great job" playing him in "Monsters: The Lyle and Erik Menendez Story," Koch said. Koch, who portrays Erik, told The Hollywood Reporter that he came face-to-face with both Menendez brothers during a prison visit last week set up by Kim Kardashian. "And it was really, really powerful and emotional. While Erik told Koch that he had yet to watch the series, he praised the actor for his performance. AdvertisementCooper Koch as Erik Menendez and Nicholas Chavez as Lyle Menendez.

Persons: Erik Menendez, Cooper Koch, Lyle, Koch, Kitty Menendez, —, Menendez, Ryan Murphy, Ian Brennan, Erik, Lyle Menendez, Kim Kardashian, Richard J, Nicholas Chavez, Miles Crist, Kardashian, Kardashian FaceTime, Ted Soqui, Tammi Menendez, Erik's, Murphy, he's, Tammi, Ryan Murphy's, Erik Story, mistruths Organizations: Service, Hollywood, Donovan Correctional, Netflix, Entertainment Locations: Los Angeles

☆ 'Monsters' season two tells the story of the Menendez brothers, who murdered their parents. Here's where Lyle and Erik are now.
▼ + stars: | 2024-09-19 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Read previewRyan Murphy's Emmy-winning Netflix series "Monster" is back, and this time it's about the case of Lyle and Erik Menendez. Lyle and Erik Menendez are serving life sentences in the same prisonLyle and Erik Menendez during their trial in 1994. Lyle and Erik Menendez are both marriedErik Menendez's wife, Tammi Menendez, in 1999. Related storiesThat included a letter Erik Menendez wrote and addressed to his cousin Andy Cano, who died in 2003. "Monsters: The Lyle and Erik Menendez Story" is available to stream on Netflix.

Persons: —, Ryan, Lyle, Erik Menendez, Jeffrey Dahmer, Murphy, Ian Brennan, Menendez, José Menendez, Kitty Menendez, Ted Soqui, — Lyle Menendez, Erik, Richard J, Lyle Menendez, Erik Menendez's, Tammi Menendez, Chris Morton, Anna Eriksson, Rebecca Sneed, Tammi Ruth Saccoman, Saccoman, Talia, Eric Menendez, Ronald L, Andy Cano, Robert Rand, Rand, Roy Rosselló, Rosselló, Edgardo Díaz Organizations: Service, Netflix, RCA, Business, Prosecutors, Getty, Donovan Correctional, Inc, The New York Times, Los Angeles Times, LA Times, RCA Records Locations: Beverly, Mule Creek, Ione , California, San Diego, New Jersey

☆ First came the accusations of rape. Now 3 owners of the Alexander brothers' beleaguered brokerage firm are jumping ship.
▼ + stars: | 2024-08-12 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +6 min

At the center were cofounders Tal and Oren Alexander, sibling dealmakers who were known for selling some of the country's most exclusive and expensive homes. But accusations of rape against the brothers in recent months have resulted in an existential crisis for the company. An attorney for Tal Alexander has sought to dismiss the case against him. In the immediate aftermath of the accusations, the brothers announced they would take a leave from Official. Official has used the brokerage services company Side to provide it with back office support and to hold its brokers' licenses.

Persons: —, cofounders Tal, Oren Alexander, dealmakers, Nicole Oge, Richard Jordan, Andrew Wachtfogel, Alexander, Tal, Oren, Oge, Richard, Andrew, Alon Alexander, Alon, Tal Alexander, James Cinque, Nicole, Tyrone McKillen Organizations: Service, Partners, Business, The New York Times, Gabbana Locations: Oge, The, The Raleigh, Miami Beach, Los Angeles

☆ Netflix's 'Unsolved Mysteries' examines the murders of Jack the Ripper. Meet four men suspected of being the notorious serial killer.
▼ + stars: | 2024-08-02 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

Jon Pizer/Leather ApronAn illustration of Jon Pizer in Netflix's "Unsolved Mysteries." NetflixThe police started looking into a suspect dubbed "Leather Apron" following the death of Polly Nichols, the Ripper's first victim, on August 31, 1888. Crime historian Adam Wood explained in the Netflix series that a man called Jon Pizer was later identified as "Leather Apron." Pizer told an inquest into Chapman's death on September 12, 1888 that he used the leather apron nickname. The website states Pizer told the Press Association after his release: "They found nothing in my possession that would incriminate me, thank God.

Persons: Jon Pizer, Polly Nichols, Annie Chapman, Adam Wood, Jack, Richard Jones, Pizer, Nichols, Chapman Organizations: Netflix, Press Association Locations: Whitechapel

☆ Climate change is gentrifying neighborhoods. In Miami, residents fear high prices — and a lost soul
▼ + stars: | 2024-07-27 | by ( Greg Iacurci | ) www.cnbc.com time to read: +16 min

Part of the building site of the Magic City development in Little Haiti. Among the properties is Sixty Uptown Magic City, billed as a collection of luxury residential units. Plaza Equity Partners, a real estate developer and one of the Magic City partners, did not respond to CNBC's requests for comment. Magic City development site in Little Haiti. Magic City investors also invested $31 million in the Little Haiti Revitalization Trust, created and administered by the City of Miami to support community revitalization in Little Haiti.

Persons: Greg Iacurci, Greg Iacurci MIAMI — Nicole Crooks, James Brown, Sam Cooke, Ray Charles, Aretha Franklin, Ella Fitzgerald, Jackie Robinson, Joe Louis, Overtown, Crooks, Nicole Crooks, Carl Gershenson, Gershenson, Moody's, Robert Zangrillo, Princeton's Gershenson, Andrew Rumbach, Chris Rogers, Rumbach, Brown, Fredericka Brown, Carolyn Donaldson, Greg Iacurci Carolyn Donaldson, Donaldson, David Arditi, Greg Iacurci Flood, Arditi, homebuyers, Han Li, Richard J, Grant, Todd Crowl, Urban Institute Paulette Richards, Richards, who's, Carl Juste, Greg Iacurci Carl Juste's, — Viter, Maria Juste, Little, Little Haiti —, " Juste, Juste, Neil Fairman Organizations: Lyric, Greg Iacurci MIAMI, Catalyst Miami, Princeton University Eviction, Magic City, Liberty City —, Dade, Harvard University, Florida International University, Magic City Innovation, Dragon, Miami ZIP, Liberty City, Miami, West Palm Beach, Boca Raton, Urban Institute, Marshall Fire, Photodisc, Georgia Institute of Technology, Brookings Institution, Macedonia Missionary Baptist Church, Macedonia Missionary Baptist, Grove Rights, Community Equity, Development, Developers, City, Aria Development, Federal Emergency Management Agency, University of Miami, Florida International University Institute of Environment, Women, Leadership Miami, Little Haiti, Magic City Innovation District, Dragon Global, Magic, Plaza Equity Partners, Lune, Lambert, Little Haiti Revitalization Trust Locations: Miami's Overtown, Miami, Overtown , Miami, Magic, Little Haiti, U.S, Zillow, Overtown, Allapattah, Liberty, Dade County, Kendall, West Palm, Delray, Honolulu, Louisville , Colorado, Colorado, Coconut Grove, Macedonia, West, West Grove, Bahamas, Grove, City of Miami, Brickell, Caribbean, Liberty City, Haitian Diaspora, Magic City, Lune Rouge

☆ Star luxury broker is leaving firm shaken by rape allegations against Alexander brothers
▼ + stars: | 2024-07-17 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. McKillen said he hadn't formally parted ways with the New York firm but was arranging his exit. He said that eight brokers who worked with him at Official would remain with Plus in its breakaway from the firm. Shortly afterward, news broke that a third woman alleged in a New York civil case filed that month that Tal and Alon Alexander raped her in 2012 as Oren Alexander watched. AdvertisementIn a response to the lawsuit against him, Tal Alexander said his accuser's claims were "fabricated allegations for financial gain."

Persons: —, Tyrone McKillen, McKillen, hadn't, Nicole Oge, Tal, Oren Alexander, Alon, Alon Alexander, Tal Alexander, Oge, Oren, Michael Shvo, John Hudak, Beyoncé, Tyrone, Richard Jordan Organizations: Service, Partners, New, Business, Group, Raleigh, Bel Air Locations: Los Angeles, New York, Miami, Miami Beach

☆ 'Fly Me to the Moon' explores the ultimate space race conspiracy theory. Here's what's fact and fiction in the movie.
▼ + stars: | 2024-07-12 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Read preview"Fly Me to the Moon," Scarlett Johansson and Channing Tatum's new romantic comedy-drama about faking the moon landing, is fictional but draws on some true historical events. The White House eventually tasks Kelly with filming a fake moon landing in case the real one fails. Apollo 11 spaceship launch director Cole Davis (Tatum) opposes Kelly's plan, believing it will discredit NASA's efforts. This storyline leans into the conspiracy theory that NASA faked the US moon landing in 1969. But there's no evidence to suggests NASA or any network tried to fake the moon landing.

Persons: —, Scarlett Johansson, Channing Tatum's, Kelly Jones, Johansson, Kelly, Cole Davis, Tatum, NASA's, Bill Kaysing, Greg Berlanti, Berlanti, Neil Armstrong, Buzz Aldrin, Michael Collins, Cole, Nick Dillenburg, Christian Zuber, Colin Woodell, Ed White, Roger Chaffee, Gus Grissom, Nikita Khrushchev, Yuri Gargarin, Henry Smalls, Ray Romano, Dan McFadden, Sony Pictures Kelly didn't, David Meerman Scott, Richard Jurek's, Armstrong's Organizations: Service, Business, NASA, Hollywood, Entertainment, Sony Pictures, Television, Sony Pictures NASA's Locations: USSR, Cape Kennedy, Florida, Christian, Vietnam

☆ From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble
▼ + stars: | 2024-06-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +14 min

This week, a judge signed off on Do Kwon and his bankrupt Terraform Labs settling with the U.S. Securities and Exchange Commission for $4.5 billion. This comes after a jury unanimously found Kwon and his company liable for securities fraud following less than two hours of deliberation. But investors piled in anyway, giving luna and UST a combined market value of almost $40 billion at one point. Terraform and Kwon fought our efforts to investigate – taking a fight over investigative subpoenas all the way to the Supreme Court. They are Caroline Ellison, the Alameda Research CEO who at one time dated Bankman-Fried; FTX engineering chief Nishad Singh; and Gary Wang, the co-founder and chief technology officer of FTX.

Persons: Kwon, Woohae Cho, Sam Bankman, Changpeng Zhao, Luna, atoning, Alex Mashinsky, Wall, Stevo Vasiljevic, Reuters Kwon, He's, Satoshi Nakamoto, Elon Musk, Mike Novogratz, Gary Gensler, –, Fried, Fatih Aktas, Lewis Kaplan, Kaplan, Bankman, convicting, Prosecutors, Ryan Salame, Caroline Ellison, Nishad Singh, Gary Wang, FTX, Jason Redmond, Zhao, Richard Jones, …, Binance, Justin Sullivan Organizations: Terraform Labs, Bloomberg, Getty, U.S, Forbes, Arrows Capital, Voyager, U.S . Securities, Exchange Commission, Labs, U.S . Justice Department, Futures Trading Commission, Treasury Department, bitcoin, BlackRock, Fidelity, Reuters, terraUSD, UST, Traders, Twitter, SEC, Supreme, Anadolu Agency, Alameda Research, ., Republicans, Bankman, AFP, of Prisons, District, Bank, DOJ, CFTC, Treasury, Binance, New, Commercial Bank Locations: U.S, Balkans, Podgorica, Montenegro, Singapore, Dubai, Serbia, Balkan, South Korea, United States, lockstep, New York, Manhattan, Seattle, Lompoc , California, Binance

☆ Binance's ex-CEO begins prison sentence in California
▼ + stars: | 2024-05-31 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +1 min

Binance's billionaire founder Changpeng Zhao has reported to a low-security federal prison in Lompoc, California. CNBC reached out to Zhao's defense team at Latham & Watkins to confirm that the former crypto chief is now in custody. Zhao was sentenced to four months in prison in April after pleading guilty to charges of enabling money laundering at his crypto exchange. The sentence handed down to the former Binance chief was significantly less than the three years that federal prosecutors had been seeking for him. "I'm sorry," Zhao told U.S. District Judge Richard Jones before receiving his sentence, according to Reuters.

Persons: Changpeng Zhao, Watkins, Zhao, Richard Jones, … Organizations: CNBC, Latham, U.S, District, Reuters Locations: Lompoc , California

☆ Opinion: Netanyahu and his extremist allies are endangering Israel’s long-term security
▼ + stars: | 2024-05-10 | by ( Opinion Richard J. Davis | ) edition.cnn.com time to read: +7 min

“My commitment to the safety of the Jewish people, the security of Israel, and its right to exist as an independent Jewish state is ironclad. The former was appointed finance minister and was given responsibility for West Bank settlements. After the October 7 terrorist attack, Netanyahu had an opportunity to remove Smotrich and Ben Gvir from their posts when the first offer from the opposition for a unity government involved their elimination from the cabinet. It also gives license to followers of these extremists to, as we have seen, attack Palestinians in the West Bank and even to attack a Jordanian aid convoy. At the same time, Israel has continued with significant expansion of settlements on the West Bank.

Persons: Richard J, Davis, Joe Biden, “, ”, Richard Davis, Benjamin Netanyahu, Netanyahu, Israel, Bezalel Smotrich, Itamar Ben Gvir, Ben Gvir, Yitzhak Rabin, Netanyahu’s Organizations: Treasury, CNN, US, Capitol, West Bank, New York Times, Israeli Defense Forces, Twitter, Facebook, United Locations: Carter, Israel, West Bank, Gaza, Oslo Peace, Jordanian, United States

Cryptocurrency exchange Binance founder and CEO Changpeng Zhao speaks at a Binance fifth anniversary event in Paris, France, July 8, 2022. Former federal prosecutor Neama Rahmani agrees, adding that Zhao's personal wealth won't be affected by his sentence. That's a different siutation from Sam Bankman-Fried, the controversial ex-CEO and founder of crypto exchange FTX. Bankman-Fried received a 25-year prison term for crimes connected to the operation of his crypto exchange. "Negative long-term impact on Binance will diminish the value of CZ's investment in the crypto exchange," said Yadav.

Persons: Changpeng Zhao, Reuters Changpeng Zhao, Zhao, Gabriel Abed, Richard Jones, Tre Lovell, Neama Rahmani, David Ryder, Binance, Braden Perry, Sam Bankman, Joshua de Vos, de Vos, Fried, Yesha Yadav, That's, Forbes, he's, Lucas Kiely, Kiely —, —, Yadav, it's Organizations: Staff, Reuters, CNBC, U.S, U.S . Department of Justice, District, Toyota, Bloomberg, Getty, Bank, Commodity Futures Trading Commission, Vanderbilt University, Department, Securities and Exchange Commission, SEC Locations: Paris, France, Seattle, Zhao, Binance, Los Angeles, Seattle , Washington, Dubai, U.S, bitcoin, Iran

Changpeng Zhao, the founder and former CEO of crypto exchange Binance, heads to a Seattle courtroom on Tuesday to learn whether the crimes he admitted to committing will land him in prison for an extended sentence. As part of his plea deal with the Department of Justice, Zhao agreed to step down as CEO. Once a titan of the crypto sector, Zhao grew Binance into the world's largest centralized crypto exchange globally. Unlike rival exchange FTX, which collapsed into bankruptcy when founder Sam Bankman-Fried was criminally charged, Binance has continued to operate. Binance processed a whopping $18.1 trillion worth of trading volume in 2023, according to data from CCData, a crypto market data firm.

Persons: Changpeng Zhao, Zhao, Richard Jones, Binance, Sam Bankman, Fried, Nansen, he's Organizations: Department of Justice, District, Prosecutors, Bank, U.S, Justice Department, Futures Trading Commission, Treasury Department, SEC Locations: Seattle, U.S, CCData, Iran

☆ Liverpool: These three teenagers have inspired the club this week. The trio’s fathers were all professional soccer stars
▼ + stars: | 2024-02-29 | by ( Ben Church | ) edition.cnn.com time to read: +7 min

With the English Premier League club vying to win an historic quadruple this season, and with injuries ravaging the senior squad, manager Jurgen Klopp has turned to the club’s famed academy for help. And while Danns and Koumas got on the scoresheet, 19-year-old Bobby Clark produced an assist for the latter. Jon Super/APHis father, former Premier League player Neil Danns, was at Anfield to watch his son score his first two goals for the senior side. Bobby Clark, perhaps the standout star from this latest crop of players, talking with Liverpool manager Jurgen Klopp. Inglethorpe recently spoke to Liverpool Jamie Carragher about the demands and expectations set for youngsters coming through the ranks at the Premier League club, and it’s clear that character means just as much as talent.

Persons: Jurgen Klopp, they’ve, –, Lewis Koumas, Jayden Danns –, Koumas, Danns, Liverpool –, ”, Bobby Clark, James McConnell, Kaide Gordon, Trey Nyoni, Nyoni, it’s, Clark, Jayden Danns, Jon Super, Neil Danns, I’m, ” Danns, “, ” Lewis Koumas, Jason Koumas, Liverpool’s, Jayden, Richard Jolly, Peter Byrne, Lee Clark, “ I’d, ” Clark, Justin Setterfield, Alex Inglethorpe, Inglethorpe, Liverpool Jamie Carragher, Klopp, ” Inglethorpe, Carragher Organizations: CNN, English Premier League, hasn’t, Liverpool, Southampton, FA, Premier League, Anfield, Wembley, Chelsea, Tranmere, Athletic, Wales, Wigan, West Bromwich Albion, Newcastle, Fulham, Premier League club, Manchester United, Sparta Prague, Europa League Locations: Anfield, Newcastle, Sudan, Oman, Liverpool, The Telegraph

☆ Prosecutors want Binance's CZ kept on tighter leash ahead of sentencing
▼ + stars: | 2024-02-23 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

U.S. prosecutors Friday asked a judge to tighten the bond conditions of billionaire Binance founder Changpeng "CZ" Zhao as he awaits his April sentencing for breaking a federal anti-money laundering law, court filings show. Under the proposed bond, Zhao would be required to provide prosecutors and pretrial services with at least three days' notice before any travel within the country, to give them time to raise any potential objections. An attorney for Zhao did not immediately respond to CNBC's request for comment. Pretrial Services also recommended "a location-monitoring condition," the filing said in a footnote. The filing does not explicitly ask the judge to impose that condition.

Persons: Changpeng Zhao, Binance, Changpeng, Zhao, Richard Jones Organizations: Viva Technology, Porte de, U.S, Zhao, Canadian, United, United Arab Emirates, Court Locations: Porte, Paris, United States, United Arab, Seattle, Washington

☆ Why millennials' retirement outlook may be worse than older generations
▼ + stars: | 2024-02-09 | by ( Greg Iacurci | ) www.cnbc.com time to read: +9 min

'Deteriorating' retirement outlookAbout 38% of early millennials (those born in the 1980s) will have "inadequate" retirement income at age 70, according to projections from a 2022 Urban Institute study. watch now"We do see the retirement outlook deteriorating for future generations," including millennials, said Richard Johnson, director of Urban's retirement policy program and co-author of the report. Millennials' student loans dent their net worthA 2021 paper by the Center for Retirement Research at Boston College had similar findings. Meanwhile, the last major Social Security overhaul, in 1983, gradually raised the program's "full retirement age" to 67 years old. That will make it easier to save for retirement, according to a Brookings Institution report.

Persons: Jamie Grill, Craig Copeland, Gen X, Xers, Richard Johnson, Johnson, aren't, Millennials, Gen Xers, CRR, X, EBRI, Anqi Chen, Copeland, millennials, they're, William Gale, Hilary Gelfond, Jason Fichtner, there's, Sean Deviney, Deviney Organizations: Social Security, Research Institute, Urban, Center for Retirement Research, Boston College, Research, Transamerica Center, Retirement Studies, Finance, IRA, Pensions, Social, Center, Budget, Brookings Institution, Vanguard Group Locations: U.S, Fort Lauderdale , Florida

☆ Marathon Asset Management CEO: The economy right now is great for both credit and equities
▼ + stars: | 2024-02-08 | 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 EmailMarathon Asset Management CEO: The economy right now is great for both credit and equitiesMarathon Asset Management CEO Bruce Richard joins 'Money Movers' to discuss his expectations for the Federal Reserve this year, how investors should consider equities, and more.

Persons: Bruce Richard Organizations: Management, Federal Reserve

☆ Will Lawmakers Really Act to Protect Children Online? Some Say Yes.
▼ + stars: | 2024-02-01 | by ( David Mccabe | Cecilia Kang | ) www.nytimes.com time to read: +1 min

In the final minutes of a congressional hearing on Wednesday in which tech chief executives were berated for not protecting children online, Senator Richard J. Durbin, Democrat of Illinois, urged lawmakers to act to safeguard the internet’s youngest users. Lawmakers have long made similar statements about holding tech companies to account — and have little to show for it. Yet for years, that was where it ended: with no new federal regulations for the companies to follow. And already, there are indicators that the topic of online child safety may gain more traction legislatively. The efforts are backed by emotional accounts of children who were victimized online and died by suicide.

Persons: Richard J, Durbin, ” Organizations: Lawmakers, Republicans, Democrats Locations: Illinois

☆ As Biden Judicial Confirmations Slow, Senate Gains Ground on Red-State Judges
▼ + stars: | 2024-01-28 | by ( Carl Hulse | ) www.nytimes.com time to read: +1 min

President Biden and Senate Democrats have fallen behind the rapid pace set by Republicans in shaping the federal courts during the Trump era, but they have made fresh headway in advancing judicial nominees in states represented by Republicans. By negotiating with Republicans over judicial picks, Mr. Biden and majority Democrats have been able to exert some influence over the makeup of trial courts in red states and install people of color on the bench for the first time in some regions. “It has worked because I think I have convinced the White House that it is better to get a moderate Republican today than a MAGA Republican tomorrow,” said Senator Richard J. Durbin, the Illinois Democrat who chairs the Judiciary Committee. Still, the Senate would need to confirm at least 63 more judges this year to match or better the record of the Trump years, when Senator Mitch McConnell, the Kentucky Republican who was then the majority leader, pushed through 234 conservative-leaning jurists, including three to the Supreme Court.

Persons: Biden, Trump, ”, Richard J, Durbin, Mitch McConnell Organizations: Senate, Republicans, Republican, MAGA Republican, Illinois Democrat, Kentucky Republican, Supreme Locations: MAGA

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