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A third-party legal probe into Jimmy Donaldson’s MrBeast LLC found that allegations of sexual misconduct directed at the top YouTube creator’s company were baseless. In a social media post Friday, Donaldson wrote on X that an investigation into allegations regarding his company had concluded. But the law firm wrote in its assessment that “allegations of sexual misconduct (e.g., pedophilia, grooming, child pornography, etc.) In a post on X, LavaGS said private investigators reviewed all the DMs and interactions between them and Tyson. "It was incredibly difficult having my name thrown around in a public forum without being given the opportunity to share the truth," LavaGS wrote Friday.
Persons: Jimmy Donaldson’s MrBeast, Quinn Emanuel Urquhart, Sullivan, Ava Kris Tyson, ” Tyson, Tyson, Donaldson, ” Quinn Emanuel, Discords, WhatsApps, , , LavaGS, ” Donaldson, Kai Cenat, Logan Paul, Bella Poarch, Quinn Emanuel Organizations: YouTube, NBC News, Games, Company, Forbes, Amazon Studios
AdvertisementThe days of European carmakers dominating China's luxury vehicle market are over. A study by AlixPartners found that Chinese automakers released 40 over-the-air software updates between March 2023 and February this year, compared with just two from legacy automakers. AdvertisementHard to quitDespite a challenging environment, Western premium automakers can ill afford to give up on China. As well as increased competition, European automakers face a geopolitical headache. AdvertisementTim Urquhart, principal automotive analyst at S&P Global Mobility, told BI the European Union's tariffs on Chinese automakers meant Beijing could impose levies on European car imports in retaliation.
Persons: , Aston Martin, James Bond, Chris Brownridge, BYD, Lutz Meschke, Max, Xiaomi, Steve Dyer, Dyer, AlixPartners, Mercedes, GAO, China's, Tim Urquhart, Urquhart Organizations: BMW, Mercedes, Benz, Porsche, Service, upstarts, Volkswagen, Royce, British, Bloomberg, Reuters, Getty, P Global Mobility Locations: China, British, London, Korea, Western Europe, Beijing
To mark the anniversary of his death, his family huddled around the memorial on Monday, hugging each other and David’s picture. War rages onMonday marked the first anniversary of the Hamas terror attacks, and a year since Israel began its war against the militant group in Gaza. Throughout the morning, loud booms of outgoing fire reverberated throughout southern Israel as the IDF hit targets in the Gaza strip. Indeed, as the anniversary events got under way, several rockets were fired from Gaza towards Israel, injuring two people. Time stopped here,” Amat Moshe, whose grandparents were residents of the kibbutz, told CNN at the Nir Oz cemetery.
Persons: revelers, Amit Itzhak David, Inbar Parnassa, , , Parnassa, Anat Magnezi, Amit Magnezi, Amit, Gabriel Barel’s, Yeoda, Jim Urquhart, Nir Oz, Dolev Yehud, Daniel Lifshitz, Yehud, Yehud’s, Sigal, Arbel, Ariel Cunio, David, David’s, Sharon Alony Cunio, Alony Cunio, Lifshitz, Oded, Yocheved, Yocheved Lifshitz, Nurit Cooper, Amiram Cooper, ” Amat Moshe, Nir, Moshe’s, Adina Moshe, Adina, Maya Shoshani Moshe, Moshe, Benjamin Netanyahu, Netanyahu, Amir Cohen, Jonathan Shimriz, Alon Shimriz Organizations: Israel CNN, Nova Music, CNN, Nova, Israel Defense Forces, Hamas, United Nations, Israel, Israel’s, Reuters Locations: Tel Aviv, Israel, Gaza, South America, Jerusalem, Kibbutz Mefalsim
It will take a remarkable amount of efficiency and discipline from the Israeli military and Israeli Prime Minister Benjamin Netanyahu to know when it is time to stop. The Israeli military are now walking into the ground trap that their adversary has been setting for them for well over a decade. And so, knowing when to stop is going to be key to this not becoming a quagmire for Israel. Does Israel’s Lebanon operation increase the chances of wider war with Iran? For Israel’s military endeavor to last weeks and not months, they will need extraordinary and rare success, discipline, and political wisdom.
Persons: Biden, Benjamin Netanyahu, Hassan Nasrallah –, we’re, Netanyahu, Jim Urquhart, Nasrallah, Kamala Harris, Donald Trump, Netanyahu’s, Israel Organizations: CNN, Israeli, Israel Defense Forces, , Time, Israel Locations: Israel, Lebanon, Iran, Europe, Metula, Lebanese, Tyre, Gaza
The Swedish automaker said it now aims for between 90% and 100% of its car sales to be fully electric or plug-in hybrid models by 2030. "I think a lot of manufacturers are obviously going through this process [of delaying electrification targets] at the moment. The U.K., for instance, introduced a mandate that requires 22% of new car sales this year to be zero-emission vehicles (ZEVs). The mandate, which aims to reduce the number of polluting vehicles on the road, will rise annually until it reaches 100% of new car sales by 2035. A Volkswagen ID4 electric car charges at a charging station in a parking lot at Autostadt Wolfsburg.
Persons: Brandon Bell, Tim Urquhart, CNBC's, we're, Urquhart, carmaker, BEV, , it's, Rico Luman Organizations: Volvo, Hill, Getty, Wednesday, Volkswagen, Ford, Benz Group, P Global Mobility, Volvo Cars, Autostadt Wolfsburg, Volkswagen AG, BEVs, European, ING Locations: Austin , Texas, China, Swedish, Europe
DailyMail.com reported that he hired Alex Spiro, a $2,000-an-hour attorney who has represented Alec Baldwin and Elon Musk. He also claimed Donaldson hired a registered sex offender to be part of his crew. Related storiesHiring a 'superlawyer'In that context, he hired Spiro, who has represented Elon Musk, Megan Thee Stallion, and Alec Baldwin. AdvertisementHowever, experts told BI that if Donaldson had enlisted Spiro, it may just add fuel to the fire. Dave Kotinsky/Getty Images for MrBeast BurgerTrust is vitalTrust is hugely important between influencers and their fans, Perkes said.
Persons: , Jimmy Donaldson —, Donaldson, DailyMail.com, Alex Spiro, Alec Baldwin, Elon Musk, Quinn Emanuel Urquhart, Sullivan, he's, Ava Tyson, Ava, MrBeast, Dawson French, Spiro, Megan Thee, Haddy, Jemal Countess, Laura Perkes, Perkes, Kellie Whitehead, Whitehead, Folivi, it's, Dave Kotinsky, they've, they're, didn't Organizations: Service, Business, YouTube, The New York Times, Daily, Elon, MrBeast Burger Locations: French, New Jersey
The legal saber rattling between the cybersecurity company CrowdStrike and Delta Air Lines over the global I.T. outage last month just ratcheted up a notch. The blame for Delta’s woes lies with the airline alone, the lawyers wrote. The letter was in response to Delta’s hiring of David Boies, a prominent litigator, and saying that it would seek damages over the outage, which it said cost it $500 million. Shares in both companies have plunged since the July 19 outage, with CrowdStrike down more than 35 percent.
Persons: Quinn Emanuel Urquhart, Sullivan, David Boies, Pete Buttigieg —, , we’re Organizations: Delta Air Lines, The New York Times, NPR, Transportation Locations: Delta
Travelers wait in line, as a flight board shows delays, on the check-in floor of the Delta Air Lines terminal at Los Angeles International Airport (LAX) on July 23, 2024 in Los Angeles, California. CrowdStrike on Sunday said Delta Air Lines had rejected onsite help during last month's massive outage that sparked thousands of flight cancellations. Delta CEO Ed Bastian told CNBC's "Squawk Box" last week that the mass cancellations following the outage, which occurred at one of the busiest times of the year, cost the company about $500 million, including customer compensation. In response, Michael Carlinsky, CrowdStrike lawyer and co-managing partner at Quinn Emanuel Urquhart & Sullivan wrote to Delta's lawyer David Boies on Sunday that Delta's litigation threats "contributed to a misleading narrative that CrowdStrike is responsible for Delta's IT decisions and response to the outage." He said CrowdStrike's CEO George Kurtz reached out to Bastian to "offer onsite assistance, but received no response."
Persons: CrowdStrike, Ed Bastian, CNBC's, Bastian, Boies Schiller, Michael Carlinsky, Quinn Emanuel Urquhart, Sullivan, David Boies, George Kurtz Organizations: Delta Air Lines, Los Angeles International Airport, Microsoft Locations: Los Angeles , California
CrowdStrike denies Delta's claims that the firm is responsible for thousands of flight disruptions. CrowdStrike wrote in a letter that it "strongly rejects" the airline's allegations. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: CrowdStrike, Delta's, Ed Bastian, , Michael Carlinsky, Quinn Emanuel Urquhart, Sullivan Organizations: Service, Delta Air Lines, Business Locations: Delta, Texas
Alec Baldwin trial: Key people in the case
  + stars: | 2024-07-09 | by ( Lisa Respers France | ) edition.cnn.com   time to read: +5 min
It was so unnecessary,” Baldwin said of Hutchins’ death in a 2022 interview with CNN. Morrissey took over the case in 2023, dropped the charges against Baldwin and then later refiled them, citing “additional facts” in the case. She presided over the high-interest trial of Hannah Gutierrez Reed, during which she kept to a succinct schedule. Hannah Gutierrez Reed“Rust” movie armorer Hannah Gutierrez Reed in March. “It felt like someone had taken a baseball bat to my shoulder, I remember that distinctly,” Souza testified in the Gutierrez Reed trial.
Persons: CNN —, Alec Baldwin, Baldwin, Halyna Hutchins, Hutchins, Halyna Hutchins Halyna Hutchins, Fred Hayes, Hollywood ”, Matthew, Alec Baldwin Alec Baldwin, Andrew Kelly, Reuters Baldwin, ” Baldwin, Luke Nikas Nikas, Quinn Emanuel Urquhart, Sullivan, Nikas, Kari Morrissey Kari Morrissey, Gabriela Campos, Morrissey, Judge Mary Marlowe Sommer, Mary Marlowe Sommer, Marlowe Sommer, Bill Richardson, Hannah Gutierrez Reed, Hannah Gutierrez Reed “ Rust, armorer Hannah Gutierrez Reed, , , ” Joel Souza Joel Souza, Pool Souza, “ Rust, ” Souza, Gutierrez Reed, Souza, , ” David, Dave Halls, “ Rust ” Organizations: CNN, BBC, UCLA, , Hollywood, YouTube, Colt, ” Prosecutors, Sullivan LLP, Harvard Law School, Court, New, New Mexico Gov Locations: New Mexico, Ukraine, British, Europe, New York City, Los Angeles, New York,
CNN —Cruise, General Motors’ autonomous driving technology subsidiary, will start taking its self-driving vehicles out on public roads again this week. The company had stopped testing last October following an incident in San Francisco in which a pedestrian was badly injured. Last October, a Cruise self-driving car, with no one inside, hit a pedestrian after the person had first been struck by another vehicle. After striking the pedestrian, the Cruise vehicle attempted to pull off to the side of the road to avoid causing an obstruction. About two days later, Cruise announced it was halting all operations nationwide while it investigated the incident and the company’s response to it.
Persons: CNN — Cruise, , Cruise, Quinn Emanuel Urquhart, Sullivan, ” Cruise, Organizations: CNN, Motors, Cruise, California Department of Motor Vehicles Locations: San Francisco, Phoenix , Arizona
Alex Spiro faces potential sanctions over his behavior during Elon Musk's deposition. An opposing lawyer accused Spiro, Musk's go-to attorney, of acting "astonishingly unprofessional." At several points in the deposition, Spiro and Bankston traded barbs. "I've rarely met a lawyer with less decorum than you, if you could be called a lawyer," Musk said to Bankston. First of all, I know you're not a Texas attorney," Bankston said after Spiro told his client not to answer one of his questions in the deposition.
Persons: Alex Spiro, Elon, Spiro, Musk's, Musk, , Ben Brody, Brody's, Mark Bankston —, Sandy, Alex Jones —, Bankston, he's, Quinn Emanuel Urquhart, Sullivan, HuffPost, he'd, Brody, we're, I've, Alex ., Neil Heslin, Scarlett Lewis, Sandy Hook, Jesse Lewis, Alex Jones, Jones Organizations: Nazi, Service, Bloomberg, New Locations: Texas, New York, Thailand
Adam Neumann is trying to buy back WeWork, the now-bankrupt company he cofounded. He's being aided by lawyer Alex Spiro, who helped Elon Musk take over Twitter in 2022. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdam Neumann is trying to buy back WeWork – with the help of a lawyer close to Elon Musk.
Persons: Adam Neumann, He's, Alex Spiro, Elon Musk, Jay, Megan Thee, , Neumann, Quinn Emanuel Urquhart, Sullivan who's, Musk, Spiro, Quin Emanuel, Tesla, Vernon Unsworth, Randeep Hothi, Jeanine Zalduendo, Zalduendo, Bobby Shmurda, Robert Kraft, Dinesh D'Souza, Thabo Sefolosha Organizations: Twitter, Service, New York Times, Bloomberg, Bloomberg Law, SpaceX, Securities and Exchange Commission, JPMorgan Chase, New England Patriots Locations: British, Alameda County, Los Angeles
General Motors' troubled robotaxi service Cruise on Tuesday endured a public lashing from a California judge who compared the company to the devious TV character Eddie Haskell for its behavior following a ghastly collision that wrecked its ambitious expansion plans. After a vehicle driven by a human struck a San Francisco pedestrian in early October, a Cruise robotaxi named “Panini” dragged the person 20 feet (6 meters) while traveling at roughly seven miles per hour (11 kilometers per hour). He also reminded Mason that Cruise could still face other repercussions beyond California, with both the U.S. Justice Department and U.S. Securities and Exchange Commission probing the robotaxi service's conduct. But Mason indicated that he is leaning toward letting the case continue through the entire hearing process rather than approving a settlement. Tuesday's hearing came less than two weeks after Cruise released a lengthy report reviewing how the company mishandled things after the pedestrian was hurt.
Persons: Motors, Cruise, Eddie Haskell, Haskell, , Robert Mason III, Panini ”, Panini, specter, Mason, Jerry Mathers, ” Mason, Craig Glidden, Glidden, ” Cruise, ” Glidden, didn't, Quinn Emanuel Urquhart, Sullivan, Cruise’s, Kyle Vogt Organizations: Administrative, California Public Utilities Commission, General Motors, Cruise, U.S . Justice Department, U.S . Securities, Exchange Commission Locations: California, San Francisco
Long distanceAfter Dan visited Gabriella in Italy, Gabriella visited Dan in the US. Gabriella Vagnoli and Dan WatlingA couple of months later, Gabriella planned a trip to the US to visit Dan in Chicago. But despite being tired from the flight, Gabriella felt immediately welcomed by Dan’s family. Gabriella Vagnoli and Dan WatlingToday, Gabriella and Dan live in Seattle with their two teenage kids. While a love of adventure unites them, Gabriella and Dan insist they’re quite different in many other ways.
Persons: CNN — Gabriella Vagnoli, , Dan Watling, Dan, they’d, Gabriella, She’d, I’m, he’s, , ” Gabriella, Gabriella Vagnoli, Bill Watling Gabriella, Loch, Bill “, He’d, ” Dan, Bill, , , Gabi, Dan didn’t, she’d, Gabriella couldn’t, Skye, strode, Gabriella “, Read, Gabriella’s, he’d, Dan couldn’t, “ It’s, ’ ”, “ We’re, Dan Watling Gabriella, Siena, Dan’s, ‘ I’m, Dan Watling “, San Giuliano, who’d, “ Dan, , Walter Moretti, “ Michelangelo, Dan haven’t, they’ve, they’re, He’s, it’s, we’re, Storr, ” “ Organizations: CNN, Google, CNN Travel, Scottish Highlands, Piazza del Campo, Italian, Chicago, Rio, Locations: Scotland, Italy, Loch Ness, Isle, Skye, Europe, Scottish, Germany, Portugal, Edinburgh, Chicago, Pisa, Rome, Urquhart, glens, 1111IESPDJ, America, Munich, Siena, Piazza, Bryce, Italian, Gabriella's, Galena , Illinois, Tuscan, San, Brazil, Rio de Janeiro, Rio, Seattle , Washington, Seattle
Culture issues, ineptitude and poor leadership at General Motors' Cruise autonomous vehicle unit were at the center of regulatory oversights and coverup concerns that have plagued the company since October, according to the findings of a third-party probe. Results of the investigation, which reviewed whether Cruise representatives misled investigators or members of the media in discussing the incident, were published Thursday in a 105-page report. "This conduct has caused both regulators and the media to accuse Cruise of misleading them," the report stated. Quinn Emanuel, the business litigation firm that Cruise retained to conduct the three-month investigation, interviewed 88 Cruise employees and reviewed more than 200,000 documents, including emails, texts, Slack messages and more. The firm is known for representing high-profile celebrities and business owners, including Tesla CEO Elon Musk.
Persons: Cruise, Quinn Emanuel, Slack, John Potter, Quinn Emanuel Urquhart, Elon Musk Organizations: General Motors, Cruise, CNBC, Sullivan, Tesla Locations: Cruise, San Francisco
In meetings with regulators after the October 2 incident, Cruise officials attempted to show a full video of the impact, shot from the car. Cruise commissioned the law firm of Quinn Emanuel Urquhart & Sullivan to investigate the incident and Cruise’s response to it. Immediately after the incident, Cruise employees were not, themselves, aware that the woman had been dragged, according to the report. Actually, the pedestrian was struck by a human-driven Nissan car first and that impact propelled her into the path of the Cruise car. The report attributed its failures in communication to a “myopic focus” in clearing Cruise of fault in the initial impact.
Persons: CNN — Cruise, Cruise, Quinn Emanuel Urquhart, Sullivan, ” Cruise, Mary Barra, veihicle, Organizations: CNN, Motors, Department of Justice, Securities and Exchange Commission, Cruise, GM, Nissan Locations: , California, United States
Cruise, the driverless car subsidiary of General Motors, said in a report on Thursday that an adversarial approach taken by its top executives toward regulators had led to a cascade of events that ended with a nationwide suspension of Cruise’s fleet. The roughly 100-page report was compiled by a law firm that Cruise hired to investigate whether its executives had misled California regulators about an October crash in San Francisco in which a Cruise vehicle dragged a woman 20 feet. The investigation found that while the executives had not intentionally misled state officials, they had failed to explain key details about the incident. The report is central to Cruise’s efforts to regain the public’s trust and eventually restart its business. Cruise has been largely shut down since October, when the California Department of Motor Vehicles suspended its license to operate because its vehicles were unsafe.
Persons: Cruise, Quinn Emanuel Urquhart, Kyle Vogt Organizations: General Motors, California Department of Motor Vehicles Locations: California, San Francisco, Sullivan
SAN FRANCISCO (AP) — General Motors is facing a U.S. Justice Department investigation into a gruesome collision that critically injured a pedestrian and derailed its self-driving car ambitions. GM didn't release any details about the nature of the Justice Department's investigation, or of another one by the U.S. Securities and Exchange Commission. The revelations about the latest troubles facing Detroit-based GM and San Francisco-based Cruise came in a report reviewing how things were handled after the pedestrian was hurt. “Cruise must take decisive steps to address these issues in order to restore trust and credibility,” according to the report's summary findings. Cruise had cleared a significant hurdle last August when California regulators approved its request to begin operating its robotaxi service throughout San Francisco at all hours — over the strenuous objections of city officials — only to have it all unravel in early October.
Persons: Cruise, Quinn Emanuel Urquhart, Sullivan, Cruise's, Panini, hadn't, Organizations: FRANCISCO, , Motors, . Justice Department, Department, GM's, U.S . Securities, Exchange Commission, GM, Cruise Locations: San Francisco, Detroit, California
Euro zone inflation tumbled to 2.4% last month from above 10% a year earlier after a record string of rate hikes. Schnabel, who had insisted just a month ago that rate hikes must remain an option because the "last mile" of the inflation fight may be the toughest, said she had shifted stance after three unexpectedly benign inflation readings in a row. "The most recent inflation number has made a further rate increase rather unlikely." "The recent inflation print has given me more confidence that we will be able to come back to 2% no later than 2025." Schnabel said weak growth as a result of the ECB's rate hikes is helping the inflation fight but that a deep or prolonged recession is unlikely, with recent survey data supporting expectations for a recovery.
Persons: Isabel Schnabel, Jim Urquhart, Schnabel, John Maynard Keynes, Christine Lagarde, Francois Villeroy de, Yannis Stournaras, Joachim Nagel, Balazs Koranyi, Catherine Evans Organizations: European Central Bank, Teton, Jackson, REUTERS, Rights, ECB, Reuters, Bank of Greece, Thomson Locations: Jackson , Wyoming, U.S, French, Francois Villeroy de Galhau
Apple has released a list of the 10 most popular podcasts of 2023. Apple shared a roundup on Tuesday of the most popular podcasts of 2023. But today, we will be focusing on the top 10 podcasts overall, according to Apple. Denise Truscello"Stuff You Should Know" will, according to Apple Podcasts, teach you everything you need to know about science, history, religion, crime, and more. It is the top health and fitness-related podcast on Apple Podcasts and Spotify, according to the podcast's website.
Persons: Apple, , Josh Clark, Chuck Bryant, Denise Truscello, Clark, Byrant, Shankar Vedantam, Chance Yeh, Andrew Huberman, Mark Zuckerberg, Priscilla Chan, Drew Angerer, Alaina Urquhart, Ash Kelley, Urquhart, Kelley, Glass, Astrid Stawiarz, Ira Glass, Chicago that's, Jason Bateman, Will Arnett, Sean Hayes, Frazer Harrison, Manny Carabel, Amy Sussman, Getty, Ryan Reynolds, Jennifer Aniston, Will Ferrell, Adam Sandler, Gary Hershorn, It's, Michael Barbaro, Sabrina Tavernise, Ashley Flowers, Audiochuck, Brit Prawat Organizations: Apple, Service, SYSK, NPR, The Washington Post, National Public, Public Radio Exchange, Getty, NBC NBC Dateline, NBC, Nielsen Media Research, The New York Times Locations: Stanford, Boston
Valleys cut by glaciers of the Greenland Ice Sheet along the mountains of Greenland, August 3, 2022. Greenland's ice melt is of particular concern, as the ancient ice sheet holds enough water to raise sea levels by at least 20 feet (6 meters) if it were to melt away entirely. "I believe we can prepare for those glaciers to continue to melt at increasing speeds," Olesen said. Glaciers in Greenland are often used to anticipate the effects of climate change on Greenland's ice sheet. The Greenland ice sheet contributed 17.3% of the observed rise in sea level between 2006 and 2018 and glaciers have contributed 21%.
Persons: Jim Urquhart, Anders Anker Bjork, Bjork, Jørgen Eivind Olesen, Olesen, William Colgan, Johannes Birkebaek, Barbara Lewis Organizations: REUTERS, Rights, University of Copenhagen, geosciences, Reuters, European Union, Climate Institute, Aarhus University, Geological Survey, Thomson Locations: Greenland, Denmark
JPMorgan and prosecutors claim Charlie Javice fraudulently inflated the value of her startup. But JPMorgan was ordered to pay her legal fees – totaling almost $3.8 million, new filings show. AdvertisementAdvertisementLawyers for indicted startup founder Charlie Javice say JPMorgan Chase is defying a court order to pay almost a fifth of the nearly $3.8 million in legal bills they've racked up. But a Delaware judge said JPMorgan still had to honor its commitment to advance Javice's legal fees under agreements it made when it acquired Frank. AdvertisementAdvertisementThe bank's unpaid tab totals more than $835,000, Javice's lawyers claimed, amounting to about 22% of the total amount they've sought.
Persons: Charlie Javice, , JPMorgan Chase, they've, Olivier Amar, Frank, Abrams, Bayliss, Quinn Emanuel Urquhart, Sullivan, Michael Barlow, Mintz Levin, wasn't Organizations: JPMorgan, Service, Javice, Securities and Exchange Commission Locations: Delaware
"With this one report, [the data] continues to say it's a strong labor market, but it is getting a little bit less tight than we saw before," Mester said in an interview on CNN International. Mester spoke to the television channel following the release of the September jobs report, which showed the U.S. added a bigger-than-expected 336,000 jobs last month and upwardly revised the prior month's job gain, with a steady 3.8% unemployment rate. The strength of the jobs data renewed bond market worries about additional Fed rate hikes which had receded among many investors. Several economists noted the softening earnings data in the report, evidence that inflation pressures continued to ebb, reducing pressure on the Fed to hike rates further. "What we've seen in the economy so far is that it's been a very resilient economy," Mester said, adding "economic growth has been strikingly strong and yet we're still making progress on inflation."
Persons: Loretta J, Mester, Jim Urquhart, Loretta Mester, it's, Michael S, Diane Craft, David Gregorio Our Organizations: Federal Reserve Bank of Cleveland, Jackson, REUTERS, Federal Reserve Bank, Cleveland, CNN International, Fed, Derby, Thomson Locations: Jackson , Wyoming, U.S
Maker of MDMA-assisted PTSD treatment to seek US regulatory nod
  + stars: | 2023-09-15 | by ( ) www.reuters.com   time to read: +2 min
A woman retrieves items from the rubble of her destroyed home after a wildfire came through the area in Talent, Oregon, Oregon, U.S. September 21, 2020. PTSD is a disorder caused by very stressful events and can significantly disrupt patients' lives. While PTSD is commonly associated with combat, civilians are not immune to it. Psychoactive ingredients, whether derived from cannabis, LSD or magic mushrooms, have long captivated mental health researchers in their quest for treatments. MAPS, founded in 1986, said it hopes the MDMA-assisted therapy will be approved next year and inspire other researchers studying therapeutic psychedelics.
Persons: Jim Urquhart, Manas Mishra, Pooja Desai Organizations: REUTERS, Multidisciplinary Association for Psychedelic Studies, U.S . Food, Drug Administration, Thomson Locations: Talent , Oregon , Oregon, U.S, United States, Bengaluru
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