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☆ New Yorkers have experienced tornadoes, an earthquake and an extreme fire season this year
▼ + stars: | 2024-11-17 | by ( Alaa Elassar | Leigh Waldman | ) edition.cnn.com time to read: +9 min

Throughout the summer, multiple towns experienced tornadoes, according to the National Weather Service. In July, an EF2 tornado passed through Rome during a severe storm that killed one person and caused widespread damage. There are currently 13 wildfires across the state encompassing more than 5,000 acres, according to Governor Kathy Hochul’s office. An 18-year-old New York State Forest Ranger volunteer and state employee died on November 9 when a tree fell while he was responding to the wildfire in Greenwood Lake. New York City alone has experienced over 230 brush fires since October 29, according to the New York City Fire Department.

Persons: John Towsen, Riley Kellogg, ” Towsen, ” Kellogg, ” Riley Kellogg, CNN It’s, Kathy Hochul’s, Jennings, ”, “, “ Everything’s, There’s, Stephanie Spera, Brenda Ekwurzel, Spera, Kellogg, Esler, Maureen VanHouten, ” Maureen, ” Tom Howley, Greenwood, ” Howley, “ I’ve, I’m, ” Spera Organizations: , New York CNN, CNN, National Weather Service, York State Forest Ranger, New, New York City Fire Department, New York City Emergency Management Department, “, Washington DC, University of Richmond, ” Earthquakes, Union of Concerned, National Oceanic, Atmospheric Administration, Center, Climate, Energy Solutions Locations: Greenwood, , New York, Greenwood Lake, New York City, Sterling, Rome, Buffalo, New Jersey, New York, York, Prospect, Philadelphia , New York, Boston, Northeast, Towsen

☆ Democrats will face headwinds in final push to confirm Biden judges
▼ + stars: | 2024-11-11 | by ( Tierney Sneed | Lauren Fox | ) edition.cnn.com time to read: +9 min

But holding the White House and Senate majority for another few weeks doesn’t guarantee Democrats will have an easy time processing the final batch of Biden appointees. “There is a push across the board from the White House and the Senate for Democrats to show up and do the job they were elected to do,” a senior White House official, asking for anonymity to speak candidly, told CNN. The White House official pointed to how Republican Texas Sen. John Cornyn on Saturday promised “no weekends, no breaks” to confirm Trump’s Cabinet once he took power, and the White House official encouraged Democrats to show that dedication to judges in Biden’s final stretch. “Regardless of party, the American people expect their leaders to prioritize the rule of law and ensuring the criminal justice system can function effectively in every stated,” said White House spokesperson Andrew Bates. There are around nine – depending on what the calendar will allow – other Biden nominees who could still come through committee.

Persons: Joe Biden’s, Biden, Donald Trump, Trump’s, he’s, Trump, ”, Sonia Sotomayor, Sotomayor, Democratic Vermont Sen, Peter Welch, ” Maggie Jo Buchanan, ” Buchanan, Republican Texas Sen, John Cornyn, “, New Jersey Sen, George Helmy, West Virginia Sen, Joe Manchin, Adeel Mangi, Adeel Abdullah Mangi, Tierney L, Mangi, Carl Tobias, ” Tobias, ” Trump, Andrew Bates, Barack Obama’s, –, Dick Durbin of, Julia Lipez, Karla Campbell, Susan Collins, Lisa Murkowski, Sarah Netburn, Georgia Democratic Sen, Jon Ossoff, ” Sen, Richard Blumenthal, CNN’s Morgan Rimmer Organizations: CNN, Supreme, Senate, Committee, White, Democratic, Democrats, White House, Demand, Republican, Trump’s, Bloomberg, Getty, University of Richmond School of Law, Biden, Senate Republicans, GOP, Dick Durbin of Illinois, Sixth Circuits, Georgia Democratic Locations: Democratic Vermont, Republican Texas, New Jersey, West, Washington ,, Washington, Sens, Connecticut

☆ What Trump's victory means for the Supreme Court
▼ + stars: | 2024-11-06 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

With Trump's victory and upcoming GOP control of the Senate, the Supreme Court looms large. AdvertisementDuring Donald Trump's first term as president, he appointed three justices to the Supreme Court, giving it a 6-3 conservative supermajority. Trump's second term gives Thomas and Alito a chance to retireRepublicans won a majority in the US Senate alongside Trump's victory, which means that they'll be working in tandem should a vacancy arise on the court in Trump's second term. AdvertisementAssociate Justices Clarence Thomas, 76, and Samuel Alito, 74, are two of the most stalwart conservatives on the Supreme Court. Sweeping reforms won't occurMany top Democrats have long eyed changes to the Supreme Court, whether it be expansion or some sort of ethics reform.

Persons: Trump, Clarence Thomas, —, Donald Trump's, — Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett —, Roe, Wade, Thomas, Alito, Trump's, Samuel Alito, there's, George H.W, Bush, George W, Peter Loge, He's, ProPublica, Harlan Crow —, Carl Tobias, Tobias, they're, Lindsey Graham, Susan, Collins, Lisa, Murkowski, Biden, Sen, Mitch McConnell, McConnell, Merrick Garland —, Barack Obama, McConnell reveled, we'll Organizations: Senate, Court, Service, Trump, Republicans, Republican, School of Media, Public Affairs, George Washington University, US, Getty, University of Richmond School of Law, eventual, White, GOP, Democratic, Supreme Locations: Trump's, Kentucky, Washington

☆ China’s censorship is among the toughest in the world. So why did it let Kanye West play?
▼ + stars: | 2024-10-12 | by ( Chris Lau | ) edition.cnn.com time to read: +9 min

Hong Kong CNN —It seemed like an unlikely stage for Kanye West to unveil his new music. Music fans cheer during Kanye West's Vultures Listening Experience at Wuyuan River Stadium on September 15, 2024. One of the fastest-growing in the world, China’s music market became the fifth-largest market globally in 2022, according to IFPI, a trade body for the recorded music industry. China’s recorded music revenues grew 28.4% in 2022 from the year prior, compared with the global market rise of 9%, IFPI said. Bieber “engaged in a series of bad behaviors, both in his social life and during a previous performance in China,” China’s Ministry of Culture announced in 2015, without going into details.

Persons: –, Ye –, Ye, ”, Luo Yunfei, Xi Jinping, China “, Chen Dan, Mariah Carey, John Legend, Charlie Puth, Chen, Kanye, ” Chen, “, Ye’s, China’s, Hung Ho, fung, Bon, Jovi’s, Lama, Justin Bieber, Jay, Lady Gaga, Bieber “, Culture “, Ho, Johns Hopkins, it’s Organizations: Hong Kong CNN, Kanye, Communist Party, German, Adidas, Sports, Chinese Communist Party, China News Service, University of, Travelers, Xinhua, Kanye West, Visual China, Johns Hopkins University ., Oasis, China’s Ministry of Culture, Ministry, Culture, China, Nanjing University, China Daily, University of Richmond Locations: Hong Kong, China, Hainan, Hainan’s, Haikou, Beijing, Shanghai, “, Tokyo, British, Asia, Nanjing, Johns

☆ Don't hate billionaires like Jeff Bezos — they make our lives better, 2 experts say
▼ + stars: | 2024-09-25 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +7 min

But two experts say the uber-wealthy are often huge contributors to society — and trying to eliminate them could badly backfire. It's become increasingly popular to make claims such as "billionaires shouldn't exist" and "any billionaire is a policy failure." But these moral criticisms of billionaires are unconvincing because people overstate billionaires' power and influence and overlook the benefits of some billionaires. There's a widespread belief that governments should tax billionaires primarily and spend that money on public goods and anti-poverty programs. Instead of saying that every billionaire is a policy failure, we should instead embrace the idea that every billionaire is a policy success.

Persons: Critics, —, Jessica Flanigan, Richard L, Chris Freiman, It's, Elon Musk, Jeff Bezos, Steve Jobs, Jobs, Bezos, Warren Buffett, isn't, Taylor Swift, LeBron James Organizations: Service, Morril, University of Richmond, West Virginia University, Business Locations: multimillionaires

A Gallup poll from October found 50% of Americans believe capital punishment is applied unfairly, compared to 47% who believe it is fairly implemented, Maher said. Nearly 200 death row exonerations since 1975, including three in 2023, also have helped changed people's minds about the fairness of the death penalty, Maher said. In recent years, various individuals across the country, including conservative legislators, have raised concerns about the death penalty or debated its future, Grosso said. One allows the death penalty in child rape convictions, despite a U.S. Supreme Court ruling banning capital punishment in such cases. Texas, the nation’s busiest capital punishment state, has not been immune to the ongoing debate over the death penalty.

Persons: —, Eric Berger, Alabama —, Robin M, Maher, ” Maher, Catherine Grosso, George Floyd, Grosso, Berger, Ron DeSantis, ” DeSantis, Corinna, Jeff Leach, “, ” Leach, ” Berger, ___, Juan, Lozano Organizations: HOUSTON, University of Nebraska, Washington, D.C, Gallup, Michigan State University’s College of Law, Florida Gov, U.S, Supreme, University of Richmond School of Law, GOP, Texas, Texas Senate Locations: U.S, Lincoln, Oklahoma, — Texas, Florida , Missouri , Oklahoma, Alabama, United States, Florida , Oklahoma, Texas, Florida, Idaho, Virginia

☆ Premarket stocks: How the ‘Black Ceiling’ is holding some professionals and the economy back
▼ + stars: | 2023-11-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +12 min

In his new book “The Black Ceiling” Woodson, a former attorney, sheds light on systemic issues within elite professional settings and the broader economic repercussions that come from underutilizing and marginalizing talented Black professionals. Woodson spoke with more than 100 Black professionals about what he calls the Black ceiling — a significant barrier that impedes career progression and creates stigma and anxiety in the workplace. Racial discomfort encapsulates the sense of unease that a lot of Black professionals experience working in elite white work settings. Selective punitiveness is the widespread perception that Black professionals get treated especially harshly when they make mistakes. Firms need to train their personnel, especially their senior white professionals so that they don’t judge junior Black professionals adversely for these challenges.

Persons: Kevin Woodson, ” Woodson, Woodson, Bell, it’s, who’ve, Kim Schmidt, they’re, that’s, doesn’t, It’s, Eva Rothenberg, ” Grant Gustafson, Corie Barry, “, ” Barry, Nathaniel Meyersohn Organizations: CNN Business, Bell, New York CNN — Corporate America, University of Richmond School of Law, Elite, Sensormatic, Black, Adobe, Retailers Locations: New York, underutilizing, DC

☆ Was Peace Ever Possible?
▼ + stars: | 2023-11-20 | by ( Moderated Emily Bazelon | A Discussion Moderated Emily Bazelon | ) www.nytimes.com time to read: +45 min

This was known as the Oslo peace process, named for the city where the secret talks took place. Micha Bar-Am/Magnum Photos Prime Minister Yitzhak Shamir of Israel during the the Middle East peace conference in Madrid, 1991. Margalit: All the Israeli leaders who negotiated for peace, starting with Rabin, were in a weak political position. Dajani: With the First Intifada, and then subsequently Madrid and Oslo, Palestinians suddenly see the possibility of agency. But what’s important to understand is that the notion of peace for Rabin, and for most Israelis, is that peace is a lack of violence from the other side.

Persons: Jordan, Israel, Yasir Arafat, Bernard Frye, Arafat, Larry Towell, Abbas, Micha, Yitzhak Shamir, Jerome Delay, Saddam, Hussein, George H.W, Bush, James A, Baker III, Baker, Shamir, Yitzhak Rabin, Rabin, Shimon Peres, —, Margalit, Saddam Hussein, Hosni Mubarak of, King Hussein of Jordan, Bill Clinton, Gary Hershon, Abu Alaa, “, ” Rabin, ” Arafat, ”, Ashrawi, Yehuda, Efraim, Susan Meiselas, Baruch Goldstein, Patrick Baz, Daoud Mizrahi, Gilles Peress, Goldstein, Matti Steinberg, Netanyahu, Bazelon, Clinton, Shikaki, Manal Jamal, didn’t, Dennis Ross, Omar, Camp David, Ehud Barak, Md, Ralph Alswang, Christopher Anderson, Motasm Amir, Barak didn’t, Barak, David, Dajani, Emily, Arafat —, Ross, Mary, Nobody, Arafat didn’t, Hosni Mubarak, Mubarak, El, there’s, There’s, Robert Malley, Hussein Agha, ” Barak, Sharon, It’s, Yarden Romann, Peter van Agtmael, Khan Younis, Yousef Masoud, Khan, Ahmad Hasaballah, Ziv Koren, they’re, Dan, Avishai, Omar Dajani, Taba, Dana El Kurd, Efraim Inbar, ‘ ‘ Rabin, ’ ’, Daniel Kurtzer, Avishai Margalit, George Kennan, Van, Khalil Shikaki, Limor Yehuda, Emily Bazelon, Nabil Ismail, Pascal, Said, Ulf Andersen, Getty, Menahem Kahana, Abdel, Shafi, Maggie Ohayon, Yigal Amir, Yoav Lemmer, Jack Guez, Olmert, Moshe Milner, Ami, Dani Cardona, Awad Awad, Obama, Ben Gershom Organizations: United Nations, West Bank, Associated, Palestine Liberation Organization, U.S, Soviet Union, Palestinian, Madrid didn’t, Bank, White, Agence France, Presse, Getty Images, Oslo Accord, White House, Reuters, Israel’s Labor Party government, Bazelon, Oslo Palestinian, Getty, West, Shin, Gross, . Security, Camp, Camp David Summit, Labor Party, NPR, American, New York Times, Polaris, Labor, United, McGeorge School of Law, University of the, Israel, Camp David, University of Richmond, Arab Center Washington, Jerusalem Institute for Strategy, Security, Shalem College, Bar, Ilan University, Sadat Center, Strategic Studies, Israel’s National Security, Princeton University’s School of Public and International Affairs, Hebrew University of Jerusalem, Institute for, Princeton, Israel Academy of Sciences, Humanities, Van Leer Jerusalem Institute, Palestinian Center, Policy, Research, Crown Center for Middle East Studies, Brandeis University, Gaza, Hebrew University, Haifa University, Human, The New York Times Magazine, Mount Locations: Israel, Jordan, Gaza, Egypt, Jerusalem, Zion, Munich, Tunisia, Oslo, American, Oslo Gaza, Palestine, Madrid, Kuwait, United States, Soviet, Lebanon, Syria, Jordanian, America, Washington, U.S, Hosni Mubarak of Egypt, U.N, Independence, Palestinian, Sudan, Libya, Yemen, Iraq, Rafah, Hebron, Ibrahimi, West Bank, Judea, Samaria, Yehuda, Camp David, Jenin, Haram, Al Aqsa, Khan, Kfar Aza, Khan Younis, Ahmad, Old, Ireland, Bosnia, Tel Aviv, Iran, Athens, El, Camp, Israeli, Van Leer, Ramallah

☆ Make America Build Again
▼ + stars: | 2023-11-16 | by ( Adam Rogers | ) www.businessinsider.com time to read: +37 min

America is the sixth-most-expensive place in the world to build subways and trolleys. The solutions will cost trillions of dollars and require a pace of building unseen in America since World War II. Perhaps the single most pressing question we face today is: How do we make America build again? "For this class of projects, federal environmental laws are more the exception." The prospect of overhauling our hard-won environmental laws might feel like sacrilege to anyone who cares about the Earth.

Persons: Anne, Marie Griger's, Griger, —, They're, Obama, I'm, we've, We've, I'd, It's, Matt Harrison Clough, Jamie Pleune, AECOM, Joe Biden's, There's, David Adelman, David Spence, Spence, James Coleman, NECA, Coleman, everyone's, Danielle Stokes, Nobody, Bill McKibben, Mother Jones, McKibben, Michael Gerrard, Columbia University —, they've, David Pettit, it's, Zachary Liscow, That's who's, Adam Rogers Organizations: RES Group, Environmental, Infrastructure Investment, Jobs, Land Management, Forest Service, University of Utah, Harvard Joint Center for Housing Studies, Brookings, Bureau of Ocean Energy Management, White, University of Texas, Greenpeace, Natural Resources Defense Council, Act, NEPA, Berkeley, University of California, University of Southern, Southern Methodist University, Ecosystems Conservation, GOP, Biden, Motorola, Telecommunications, Conservatives, Federal Energy Regulatory Commission, FERC, University of Richmond, UC Berkeley, USC, Star, Sabin, Climate, Columbia University, Natural Resources Defense, Republicans, Democrats, Management, Budget, Yale Law School Locations: Panama, Colorado, . California, Los Angeles, San Francisco, China, America, Washington, , Wyoming, Nantucket, New England, San Francisco ., University of Southern California, California, New York, Florida, Southern California, Las Vegas

☆ Trump being charged alongside 18 co-conspirators in Georgia RICO indictment, including Rudy Giuliani and Mark Meadows, means more chances for people to flip on him, experts say
▼ + stars: | 2023-08-16 | by ( Katherine Tangalakis-Lippert | Erin Snodgrass | Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Legal experts told Insider that some of them might flip on Trump and cooperate with the prosecution. "It's not surprising to see unindicted co-conspirators," Anna Cominsky, an associate professor of law and the director of the Criminal Defense Clinic at New York Law School, told Insider. She said that some unindicted co-conspirators will never be charged "for whatever reason, perhaps there they're not known. "The other reason why those individuals may not be charged is because they're cooperating," Cominsky said. "There are all kinds of reasons to do that," Tobias told Insider.

Persons: Donald Trump, It's, Anna Cominsky, isn't, Cominsky, —, Rudy Giuliani, Mark Meadows, Scott Hall, Stephen Lee, Sarah Krissoff, Cozen O'Connor, Krissoff, haven't, Willis, Carl Tobias, Fani Willis, Trump's, Tobias, Tristan Snell, Jenna Ellis, Trump, she's, Snell, Ellis, Stan Twardy, Pitney, We've, Twardy Organizations: Trump, Service, Criminal Defense, New York Law School, Fulton County Republican, Southern, of, University of Richmond School of Law, Main Street Law, District of Locations: Wall, Silicon, Georgia, Fulton County, of New York, District of Connecticut

☆ Who is Carlos De Oliveira, the 3rd defendant named in a docket charging Trump and Walt Natua?
▼ + stars: | 2023-07-28 | by ( Sebastian Cahill | Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

The superseding indictment against Trump included a new defendant, Carlos De Oliveira. De Oliveira is the property manager at Mar-a-Lago, and helped move boxes to obscure evidence. What did the special counsel Jack Smith's office charge him with, in the new superseding indictment? De Oliveira later helped Nauta load some of the boxes on Trump's plane when he left for the summer, the superseding indictment alleges. After the FBI discovered more classified documents in Trump's personal office and storage room, Trump called De Oliveira and told him he would get De Oliveira an attorney.

Persons: Trump, Carlos De Oliveira, De Oliveira, Donald Trump's, Jack Smith's, Waltine, University of Richmond Carl Tobias, Tobias, … Organizations: Mar, Service, Privacy, Department, Justice, Court, Southern, Southern District of, Lago, Trump, FBI, University of Richmond Locations: Wall, Silicon, Southern District, Southern District of Florida, Lago

☆ What is a superseding indictment?
▼ + stars: | 2023-07-28 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Special Counsel Jack Smith filed two new documents charges against Trump in a superseding indictment. Superseding indictments allow for additions and changes to a case in light of new evidence. A superseding indictment is a criminal complaint brought by a grand jury that changes, adds to, or replaces an original indictment in the wake of new evidence. The superseding indictment brought in the documents case this week also added a third defendant, maintenance worker Carlos De Oliveira, to the case, as well as additional charges against Trump aide Walt Nauta, who pleaded not guilty to the counts against him earlier this month. He faces 34 felony counts of falsifying business records in New York in addition to the classified documents case.

Persons: Jack Smith, Smith, Donald Trump, Trump, Carlos De Oliveira, Walt Nauta, Carl Tobias, Tobias, De Oliveira Organizations: Trump, Service, University of Richmond, Associated Press Locations: Wall, Silicon, Mar, New York

☆ Twitter threatens to sue Meta after rival app Threads gains traction
▼ + stars: | 2023-07-06 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

CNN —Twitter is threatening Meta with a lawsuit after the blockbuster launch of Meta’s new Twitter rival, Threads — in perhaps the clearest sign yet that Twitter views the app as a competitive threat. On Wednesday, an attorney representing Twitter sent Meta CEO Mark Zuckerberg a letter that accused the company of trade secret theft through the hiring of former Twitter employees. “No one on the Threads engineering team is a former Twitter employee — that’s just not a thing,” he said on Threads. Unlike some Twitter rivals, Threads has experienced rapid growth, with Zuckerberg reporting 30 million user sign-ups in the app’s first day. As of Thursday afternoon, Threads was the number-one free app on the iOS App Store.

Persons: Mark Zuckerberg, Alex Spiro, Elon Musk, Meta, Musk, Meta “, ” Spiro, ”, Andy Stone, “, — that’s, Jack Dorsey, Zuckerberg, Carl Tobias, ” Tobias Organizations: CNN, Twitter, Semafor, University of Richmond, Meta

☆ Why Bucks County, Pennsylvania, is suing social media companies
▼ + stars: | 2023-03-22 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

The lawsuit, which was filed in California federal court, said “the need is great” to continue to fund mental health outpatient programs, mobile crisis units, family-based mental health services, and in-school mental health programming and training to address the mental health of young people. Bucks County is joining a small but growing number of of school districts and families who have filed lawsuits against social media companies for their alleged impact on teen mental health. Some families have also filed wrongful death lawsuits against tech platforms, alleging their children’s social media addiction contributed to their suicides. Carl Tobias, a professor at the University of Richmond School of Law, believes it will be “difficult” for counties and school districts to win lawsuits against social media companies. “There will be the issues of showing that the social media content was the cause of the harm that befell the children,” he said.

☆ The Supreme Court's investigation raises questions about the justices' determination to find the abortion draft leaker
▼ + stars: | 2023-01-20 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +6 min

The Supreme Court could not determine who leaked a draft abortion ruling last May. Yet the 20-page report has raised concerns about the rigor of the court's investigation. "During the course of the investigation, I spoke with each of the Justices, several on multiple occasions," Supreme Court Marshal Gail Curley, who conducted the investigation, said in a statement. An executive-branch investigation may have led to the justices speaking under oath, a line the Supreme Court marshal did not cross, according to her statement. The Supreme Court's marshal did not note any new leads in her report.

☆ Black rappers call out double standard of using hip-hop lyrics as evidence in rapper Young Thug’s criminal trial
▼ + stars: | 2023-01-13 | by ( Safia Samee Ali | Safia Samee Ali Is A Reporter For Nbc News Digital | Based In Chicago. | ) www.nbcnews.com time to read: +11 min

Authorities had no physical evidence or weapon that linked Phipps to the shooting, and the then 22-year-old had no criminal record. Through her research Kubrin has found bias against rap music and artists, she said, adding that much of that bias is racialized. That means using lyrics from rap music, a historically Black genre, can infect jurors with anti-Black racism regardless of whether the defendant himself is Black, she said. Defending the practiceFulton County prosecutor Fani Willis, whose office is trying the case against Young Thug and other YSL members, has defended using music lyrics in trials. Gavin Newsom signed the Decriminalizing Artistic Expression Act, which made it the first state to restrict the use of rap lyrics as evidence in state court.

☆ Twitter sued by landlord for allegedly failing to pay rent
▼ + stars: | 2023-01-03 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

CNN —A commercial landlord is suing Twitter for breach of contract after the company allegedly failed to pay rent for one of its offices in San Francisco. The lawsuit concerns Twitter’s office space at 650 California Street, not its main headquarters on Market Street. The complaint by Columbia REIT – 650 California, LLC asks the court to force Twitter to pay the unpaid rent plus interest, as well as the landlord’s attorneys fees. Musk’s deep pockets make Twitter a lucrative renter, at least when it pays, or when it is forced to pay. “The litigation is a normal and expected action to occur when a tenant has a lease and does not pay rent required by a valid contract with the landlord,” Tobias said.

☆ What's next for Caroline Ellison, Sam Bankman-Fried's ex who helped run Alameda Research
▼ + stars: | 2022-12-23 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

Caroline Ellison, Alameda's ex-CEO, is out on a $250,000 bond after pleading guilty in the FTX case. She and FTX cofounder Gary Wang are working with feds probing Sam Bankman-Fried's crypto empire. The plea deals that Ellison, who was the CEO of Bankman-Fried's trading firm Alameda Research, and FTX cofounder Gary Wang have struck with federal prosecutors in New York free them each on $250,000 bonds. The counts against Ellison carry a maximum penalty of 110 years, if the sentences for each were to be stacked up. They won't be sentenced until after prosecutors unveil much more of their investigation and Bankman-Fried's own fate becomes clearer.

WILMINGTON, Del, Nov 11 (Reuters) - Elon Musk has taken on Detroit's automakers, short-sellers and securities regulators. Next week, the Tesla (TSLA.O) chief executive is set to square off in court against an unlikely foe - a thrash metal drummer who hopes to strip Musk of his $56 billion pay. Tornetta sued Musk and the Tesla board on behalf of the company in what is known as a shareholder derivative lawsuit. The pay package was widely criticized and California's teachers retirement system known as CalSTRS was among the investors who voted against it. The disputed pay package allows Musk to buy 1% of Tesla's stock at a deep discount each time escalating performance and financial targets are met; otherwise Musk gets nothing.

☆ Montana defies order on transgender birth certificates
▼ + stars: | 2022-09-16 | by ( Associated Press | ) www.nbcnews.com time to read: +6 min

— Just hours after a Montana judge blocked health officials from enforcing a state rule that would prevent transgender people from changing the gender on their birth certificate, the Republican-run state on Thursday said it would defy the order. District Court Judge Michael Moses chided attorneys for the state during a hearing in Billings for circumventing his April order that temporarily blocked a 2021 Montana law that made it harder to change birth certificates. Moses said there was no question that state officials violated his earlier order by creating the new rule. ACLU attorney Malita Picasso expressed dismay with the agency’s stance and said officials should immediately start processing requests for birth certificate changes. State officials denied that the new rule preventing birth certificate changes was adopted in bad faith.

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