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At 34, he was the city’s youngest ever mayor, and he campaigned on a promise of self-determination for the predominantly Black city. It’s an ongoing factor in Mississippi politics,” said Leslie McLemore, a former Jackson State University political science professor who also once sat on the Jackson City Council. That was on top of years of boil-water notices that eroded residents’ trust in the city’s water supply. In April, a push by conservative legislators to strip local control of the city’s water system failed for the second time in the House. Rogelio V. Solis / AP fileByron D'Andra Orey, a political science professor at Jackson State University, said the bribery scandal could shape the municipal elections.
Persons: JACKSON, , Chokwe Antar Lumumba, Jackson, Lumumba, Jody Owens, Aaron Banks, Angelique Lee . Lumumba, Owens, Banks, Lee, “ I’m, Virgi Lindsay, Lindsay, , Leslie McLemore, ” McLemore, ” Jackson, Lauren Witte, Ronnie Crudup Sr, , that’s, Jacksonians, “ It’s, ” Kim Meeks, Rogelio V . Solis, Zakiya Summers, Summers, Tate Reeves, Reeves, Bill, “ H.B, Liam Kennedy, Chokwe Lumumba, Tupac Shakur, ” Jacksonians, Rukia Lumumba, Annie Cooper, Jan, Byron D'Andra Orey, CJ Rhodes, Mount Organizations: Miss, City, Republican, Democratic, Jackson State University, Jackson City Council, USA, New Horizon Church, City Council, DA, Rep, U.S . Justice Department, NAACP, Mississippi Army National Guard, Lumumba, Clarion, Ledger, , State Capitol, Mount Helm Baptist Locations: Black, Hinds, , Mississippi, Jackson, Mississippi’s, Jackson’s Fondren, Hinds County, , Northwest Jackson, Mount Helm
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 “Avatar” star acts, sings and even raps in “Pérez,” and does it all in Spanish, her first major role in the language. “Either the project just wasn’t the right fit for me or an Afro-Caribbean Latina wasn’t the right fit for the project,” she said. Zoe Saldaña as Rita Moro Castro in "Emilia Pérez." Portrayed by Karla Sofía Gascón, Manitas’ journey to becoming Emilia Pérez is the heart of the movie, shepherded by Saldaña’s Rita and set against the struggles of Manitas’ uninformed and disillusioned wife Jessi (Selena Gomez). “Where would I have been if it weren’t for these women?” Saldaña asked, explaining how specific and fastidious they were in helping her put her best foot forward in taped auditions.
Persons: Zoe Saldaña, Pérez ”, , Saldaña –, , ” Saldaña, Emilia Pérez, Jacques Audiard, Boris Razon, Saldaña’s Rita, it’s, Saldaña, Rita Moro Castro, Shanna Besson, Manitas, Rita’s, Karla Sofía Gascón, Jessi, Selena Gomez, Adriana Paz, Elle, ’ ” Organizations: CNN, Puerto Rican, Elle Magazine, “ Guardians, Galaxy, Pathé, Cannes Film, Netflix Locations: Dominican Republic, Puerto, Caribbean, Latin America, Mexico, Emilia, France, Hollywood
Owens, Mayor Chokwe Antar Lumumba and City Council member Aaron Banks were indicted last month on conspiracy and bribery charges. Barbara Gauntt / Clarion Ledger / USA Today via ImagnA City Council member, Angelique Lee, resigned in August and pleaded guilty to conspiracy to commit bribery. “People are tired; they just want some good stuff done,” said Vernon Hartley, a City Council member for one of the city’s poorest wards. Aaron Banks is the second Jackson City Council member to be charged in the federal bribery case. Angelique Lee, a former City Council member, resigned and pleaded guilty to conspiracy to commit bribery.
Persons: JACKSON, , Virgi Lindsay, ” Lindsay, Jody Owens, Lauren Witte, , , Owens, Chokwe Antar Lumumba, Aaron Banks, Mayor Chokwe Antar Lumumba, Barbara Gauntt, Angelique Lee, Sherik Marve Smith, Smith, Jackson, Vernon Hartley, ” Owens, Banks, Lumumba, They’re, Lee, Rogelio V . Solis, The United States ”, Hartley, Lindsay, Ashby Foote, Hannah Mattix, Foote, ” Foote, ” Hartley Organizations: Miss, Council, Clarion Ledger, FBI, Southern District of, City Council, City, , Department of Housing, Urban Development, U.S, Southern, Southern District of Mississippi Owens, Jackson City Council, , Attorney’s Office, The United, NBC News, Republican, Capital Club, USA, Solutions Locations: Jackson, Hinds, Hinds County, Southern District, Southern District of Mississippi, Imagn, Nashville, Florida, Owens, Africa, The United States, generalities, City
"Heretic," the newest horror movie from indie studio A24, doesn't use any generative AI. AdvertisementA24's new horror movie "Heretic" is a terrifying rumination on faith and belief. But the duo still chose to include a disclaimer in their film's end credits stating that no generative AI was used to make their movie. They're specifically talking about generative AI, in which the technology creates new images, videos, or text content. "'Heretic' is very much a personal movie," Beck said.
Persons: Scott Beck, Bryan Woods, , Hugh Grant, Beck, Woods, Sophie Thatcher, Chloe East, creatives, Romulus, Casey Affleck, Jason Blum Organizations: Hollywood, Service, Blumhouse, Meta
CNN —As the nation and the world waits and watches for the results of the US presidential election this week, it’s safe to say that tensions may be running high. ‘Red, White & Royal Blue’(from left) Taylor Zakhar Perez and Nicholas Galitzine in "Red, White & Royal Blue." The movie was so cheeky and popular, it just might lead to a sequel. Directed and cowritten by Beatty, the movie was nominated for a best original screenplay Oscar at the time. ‘Dick’(from left) Kirsten Dunst, Michelle Williams and Dan Hedaya in "Dick."
Persons: Reese Witherspoon, Matthew Broderick’s, “ Ferris, Taylor Zakhar Perez, Nicholas Galitzine, Jonathan Prime, Casey McQuiston, King, England, Katie Holmes, Michael Keaton, , , Michael Douglas, Annette Bening, Bulworth ’ Halle Berry, Warren Beatty, Halle Berry, , Beatty, Oscar, Dave ’ Kevin Kline, Sigourney Weaver, Dave, Warner, Kevin Kline, ‘ Dick ’, Kirsten Dunst, Michelle Williams, Dan Hedaya, Dick, Kerry Hayes, Nixon –, Dan Hedaya – Organizations: CNN, Secret Service, ” Universal, Warner Bros, Locations: , Columbia
Republicans, including former President Donald Trump, framed the effort in Virginia as a commonsense way of ensuring noncitizens don’t vote. At issue are about 1,600 voter registrations that Virginia said came from self-identified noncitizens but that a US District Court said hadn’t been fully vetted for citizenship status. Noncitizens are not allowed to vote in federal elections; none of the lower court rulings had changed that fact. But documented cases of noncitizens voting are extremely rare. Those opposed to the program relied on a 1993 law, the National Voter Registration Act, which bars states from making “systematic” changes to voting rolls with 90 days of a federal election.
Persons: Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Donald Trump, noncitizens, Biden, Trump, Virginia, hadn’t, Glenn Youngkin, , , Patricia Tolliver Giles, noncitizen, , Giles ’, “ Purcell, weren’t, it’s, CNN’s Tierney Sneed Organizations: CNN, Liberal, noncitizens, Virginia Gov, Republican, Department of Motor Vehicles, Youngkin, Biden, Democratic Locations: Virginia, Georgia
Oasis is canceling around 50,000 tickets for its British tour dates that were resold on secondary websites like StubHub and Viagogo. The band’s tour promoters are canceling tickets resold through unofficial secondary sites to stop price gouging, a spokesperson for Live Nation and SJM, the Oasis tour promoters, told CNN. CNN saw ticket prices as high as $7,294 for the Oasis tour on Viagogo, a secondary market for ticket sales. Canceled tickets will be made available for face value on Ticketmaster, which is owned by Live Nation and considered the designated site for Oasis tickets. The North American leg of the Oasis tour begins on August 24, 2025, at Rogers Stadium in Toronto, Ontario.
Persons: scalpers, , Taylor Swift, hasn’t, Liam, Noel Gallagher, SJM, Twickets, Viagogo Organizations: Live, Oasis, CNN, Coldplay, Oasis’s, Ireland, Ticketmaster, Live Nation, Rogers Locations: Washington, Cardiff , Manchester, London, Edinburgh, Dublin, Toronto , Ontario, Chicago, East Rutherford , New Jersey, Los Angeles, Mexico City
The 2020 campaign may have also suffered from a lack of imagination about how big the turnout would be and what Democrats were doing in the courts to expand the vote, a Trump campaign adviser said. Other familiar names from 2020 election lawsuits have been spotted this year too. One is Karen DiSalvo, who after the 2020 election helped force an audit in Lycoming County, Pennsylvania. The RNC and Trump campaign have focused what they call their election integrity effort on 18 states including the key swing states. An RNC lawsuit in Michigan challenging voter registration procedures is one of the cases the firm has worked on.
Persons: WASHINGTON, Donald Trump’s, Alex Kaufman, Trump, Brad Raffensperger, Julie Adams, , Sophia Lin Lakin, , Rudy Giuliani, John Eastman, Sidney Powell —, Joe Biden’s, Kaufman, Cleta Mitchell, Mitchell, ensnared Giuliani, Powell, Jenna Ellis, Kenneth Chesebro, Karen DiSalvo, Erick Kaardal, Kurt Olsen, Biden, Bruce Castor, Michael van der Veen, Christina Bobb, Biden’s, Gineen Bresso, ” Gates, Michael Whatley, Rick Hasen, Consovoy McCarthy, Jones, Don McGahn, Dhillon, Harmeet Dhillon, David Warrington, ” Marc Elias, Harris, Lakin Organizations: Republican, Georgia, Fulton County, Registration, Republican National Committee, RNC, American Civil Liberties Union, Raffensperger, Eastman, DeKalb County Republican Party, Dominion, Supreme, Trump, United Sovereign Americans, Fulton County Republican Party, Republicans, UCLA School of Law, NBC, Dhillon, Federal, Commission, U.S, Circuit, White, Capitol Locations: Georgia, Atlanta, Fulton, Pennsylvania, Lycoming County , Pennsylvania, DeKalb County, Texas, Arizona, Michigan, North Carolina, Mississippi
CNN —For the past decade, China has consistently ranked last in the world for internet freedom due to its all-pervading online surveillance and content control system dubbed the “Great Firewall.”But a new report out Wednesday shows that internet freedoms in China’s neighbor Myanmar are now just as lacking. The report from Freedom House, a US government-funded NGO, found that global internet freedom has declined for the 14th consecutive year. In a record 43 countries, people were physically attacked or killed in retaliation for their online activities, the report found. The Central Asian nation Kyrgyzstan showed the biggest drop in internet freedoms, according to the report, as President Sadyr Japarov ramped up efforts to silence digital media and suppress online organizing. The report also covers online disinformation campaigns and political interference in the run-up to elections, including harassment of independent researchers and fact checkers.
Persons: , Mao Ning, Sadyr Japarov, Kloop, Organizations: CNN, Freedom, Trust, United Nations, UN, China’s Ministry of Foreign Affairs, , Central, US Locations: China, China’s, Myanmar, Central Asian, Kyrgyzstan, Iceland, United States,
Prosecutors proposed remedies after Google antitrust violation ruling by a federal judge. Judge Amit Mehta previously ruled Google violated antitrust laws by securing default search deals. AdvertisementProsecutors said they're considering a requirement that Google share the data that powers a big chunk of its business — the inputs and models for Google search and search results — through an application programming interface. Another proposal would prevent the company from using its other products, such as Chrome and Android, to promote Google search over competitors. Google previously said that the company plans to appeal the ruling, which could delay the judge from imposing any remedies filed by the prosecution.
Persons: Amit Mehta, , Prosecutors, doled, Evelyn Mitchell, Wolf, Mehta, Dan Ives Organizations: Service, Google, Big Tech, Apple, Prosecutors, Companies, Microsoft, Wedbush Securities, Department of Justice
The former star appellate lawyer who allies once cast as the smartest person in the room remains confounded by the realities of Donald Trump. Roberts was shaken by the adverse public reaction to his decision affording Trump substantial immunity from criminal prosecution. The Roberts Court has been in sync with the GOP political agenda largely because of decisions the chief justice has authored: For Trump and other Republicans. But the politically charged valence deepened in the justices’ resolution of the case against former President Trump on election-interference charges from 2020. Harvard Law School professor Richard Lazarus, a longtime friend of Roberts, spent time with him in July immediately after the Trump decision was issued.
Persons: John Roberts, Donald Trump, Roberts, Trump, Roberts hewed, Roberts ’, Holder, Kamala Harris, Pew, Obama, John Marshall, Roger Taney, ” Roberts, Scott, Gore, Joe Biden, Harris, George W, Bush, Al Gore, Reagan, George H.W, William Rehnquist, , ” “, ” Trump, , Jack Smith, Sonia Sotomayor, excoriated, Sean Wilentz, Dred Scott, Erin Murphy, , ” Roman Martinez, Pence, ” Smith, Tanya Chutkan, Chutkan, Smith, Richard Lazarus, Lazarus, ” Lazarus Organizations: CNN, Trump, White House, Democratic, Pew Research Center, Republicans, Texas Gov, Capitol, Princeton, New York, . United, Georgetown University Law Center, House . Harvard Law, New, New England Law Boston, The Washington Locations: County, . United States, Galway, Ireland, New England
Another top aide to New York City mayor resigns amid federal probe
  + stars: | 2024-10-07 | by ( ) www.cnbc.com   time to read: +5 min
Embattled New York City Mayor Eric Adams said Monday that he's accepted the resignation of his deputy mayor for public safety, Philip Banks, the latest senior official to leave as the mayor fends off an indictment and calls to step down. All three Banks brothers have denied wrongdoing. An attorney for Philip Banks, Benjamin Brafman, said Monday that federal prosecutors had assured him his client was not a target of the investigation. In addition to seizing the phones of the three Banks brothers, federal investigators also took devices from the city's police commissioner, Edward Caban, and one of Adams' closest aides, Timothy Pearson. At a press briefing last month, Adams spoke of his close ties to the Banks brothers.
Persons: Eric Adams, he's, Philip Banks, fends, Adams, Banks, David Banks, Terence, Benjamin Brafman, Kathy Hochul, Philip Banks Jr, Edward Caban, Timothy Pearson, Caban, Pearson Organizations: New York City, NY1, New York, Associated Press, Gov, Democrat, City, NYPD Locations: New York, Yorkers
Three years after the fatal shooting on the set of "Rust," the film is set to make its world premiere at the Camerimage Festival in Poland next month. During the production of the western film in October 2021, star Alec Baldwin fired a prop gun that killed cinematographer Halyna Hutchins. Since the shooting, the film and Baldwin have been ensnared in legal proceedings. The Camerimage festival in Toruń, Poland, is centered around the art of cinematography. "During the festival, we honored Halyna's memory with a moment of silence and a panel of cinematographers discussed safety on set.
Persons: Alec Baldwin, Baldwin, Halyna Hutchins, Prosecutors, Hannah Gutierrez, Reed, Gutierrez, Hutchins, Joel Souza, Marek Zydowicz Organizations: Prosecutors Locations: Santa Fe, New Mexico, Poland, Toruń, Camerimage
The award-winning reporter is renowned for his investigations exposing corruption, environmental destruction and human trafficking in a country that heavily restricts press freedom. In 2023, Mech Dara won the US State Department’s TIP Hero Award for his work uncovering the multi-billion-dollar illegal scam center industry in Cambodia. Cambodia is ranked 151 out of 180 countries on Reporters Without Borders’ 2024 World Press Freedom Index. As a freelancer, Mech Dara worked for several local and international media outlets including Voice of Democracy, which was forced to close last year. At the time, Mech Dara told CNN: “We fought for the truth.
Persons: Dara, , LICADHO, Mech Dara, Antony Blinken, Mech, Dara “, , Clampdown, Hun Sen, Hun Manet, Cambodia’s, Kate Schuetze Organizations: CNN, Cambodian, Court, Mech, US, Department’s, Embassy, USAID, USAID Cambodia Counter, European Union, US State Department, United Nations, US Institute of Peace, UN, Cambodia Rights, of Democracy, Amnesty International Locations: Cambodian, Phnom Penh, Cambodia, USAID Cambodia, Australia, Southeast Asia, Asia, Myanmar, Laos, Vietnam,
New York City Mayor Eric Adams will step into a Manhattan courtroom and into the history books on Friday when he is arraigned on federal corruption and bribery charges that could force him out of office. Adams is the first sitting New York City mayor to be indicted on criminal charges in the modern era. “This was a multiyear scheme to buy favor with a single New York City politician on the rise,” U.S. Attorney Damian Williams said Thursday. Adams' indictment capped two weeks of turmoil in his administration, a period during which Banks, the city’s police commissioner, and the city's top lawyer, have announced their resignations. “You could almost picture them trying to cobble this together and try to tell a story so that they could say, ‘corruption, corruption’ at a press conference,” Spiro said at a Thursday press conference.
Persons: Eric Adams, Adams, David Banks, ” Adams, , ensnared Adams, Damian Williams, Banks, Alexandria Ocasio, Sen, John Liu, New York — Sen, Chuck Schumer, Hakeem Jeffries, Kathy Hochul —, , Adams ’, Alex Spiro, ” Spiro, Edward Caban, James Caban, ” Williams Organizations: York City, New York City, City, New York City Schools, New York Fire Department, Democratic, ” Prosecutors, Turkish, Adams . Police, Authorities, Queens Locations: York, Manhattan, New York City, Brooklyn, Turkish, U.S, Alexandria, Cortez, New York, India, France, China, Hungary, Ghana, Turkey, Istanbul, Washington, Adams
New York City Mayor Eric Adams speaks during a press conference at the City Hall, after it was revealed that he received a fresh round of federal grand jury subpoenas, New York City, U.S., August 16, 2024. New York City Mayor Eric Adams has been indicted on criminal charges in federal court in Manhattan, a source familiar with the matter told CNBC on Wednesday night. The indictment, which remains sealed for now, at least in part accuses Adams of criminal conduct related to donations to his 2021 mayoral campaign. Adams, a 64-year-old former police captain, is at least the second New York mayor to be criminally charged while still in office. If Adams resigns before his first term in office ends, he would be replaced by New York City Public Advocate Jumaane Williams as acting mayor.
Persons: Eric Adams, Adams, Alexandria Ocasio, Cortez, Jumaane Williams Organizations: York City, City, New York City, CNBC, city's Campaign, Program, New York, New York Police Department, Manhattan U.S, Attorney's, New York Times, City Hall, Police Department, Brooklyn Borough, FBI, Public Locations: York, New York City, U.S, New York, Manhattan, Turkey, Israel, China, Qatar, South Korea, Uzbekistan, New, Alexandria, Cortez
Three years ago, a drone took flight at an Ikea warehouse in Switzerland for the first time. They're more self-sufficient, too: For every 10 minutes that a Verity drone is in flight, it charges for 20 minutes. Ikea's investments in Verity's drone technology fit into its broader strategy to explore and test newer supply-chain technologies. Jönsson added that deploying drones has allowed employees to have more time for analyzing inventory data. Before using warehouse drones, workers would check thousands of pallets repeatedly in order to manage inventory.
Persons: Verity, , Raffaello D'Andrea, — there's, Uber, Jeff Bezos, Bezos, Domino's, there's, DroneUp, D'Andrea, Verity hasn't, it's, Moller, Erik Jönsson, they're, haven't, Jönsson Organizations: Ikea, Chain Management, Service, Amazon, Walmart, Companies, McKinsey & Company, McKinsey, Ikea's, Ingka, Maersk, Samsung Group, Ingka Investments, Nvidia, Federal Aviation Administration, Investors, Kiva Systems, Amazon Robotics, Qualcomm Ventures, A.P, Moller Holding, Exor Ventures Locations: Switzerland, Swiss, Dutch, , Zealand, Arizona , Florida, Utah, Dallas
With the Federal Reserve rate-cutting cycle expected to begin and the November election just around the corner, now could be a good time to invest in municipal bonds. Interest earned on municipal bonds are free from federal tax. Close said he is already seeing financial advisors start to position their muni portfolios in anticipation of changes. Unlike the Treasury market, the muni market yield curve is upward sloping, Close said. In addition, there's room for lower-rated municipalities to outperform, such as A, BBB and high yield, Norton said.
Persons: Matthew Norton, Norton, Dan Close, Close, It's, Paul Malloy, Malloy, it's, Vanguard's Malloy, Nuveen's Organizations: Federal, Democratic, White House, Congress, municipals, Vanguard, BBB, AAA, AA, Treasury, Investment Company Institute, Fed Locations: Nuveen, California , New York, New Jersey, New York, California, AllianceBernstein
Lowe's staff members were targeted via a Google ad for an employee portal claiming to be associated with the retailer. It's not a problem with Google, per se; malicious ads can also show up in queries using other search engines like Microsoft's Bing. "You see something appearing on a Google search, you kind of assume it is something valid," said Stuart Madnick, professor of information technology at MIT Sloan School of Management. Also avoid calling a telephone number listed in a sponsored ad because it could be a fake telephone number. Many privacy browsers have embedded ad blockers; consumers may still see sponsored ads, but they will see fewer of them, which minimizes the chances of malvertising.
Persons: Malwarebytes, Jérôme Segura, Erich Kron, Segura, Salesforce, It's, Bing, Stuart Madnick, Madnick, malvertising, isn't, there's, Avinash Collis, Kron, Chris Pierson, Pierson, Collis Organizations: U.S, Corporate, Google, MIT Sloan School of Management, Clearing, Gap.com, Consumers, Carnegie Mellon University's Heinz Locations: malvertising
Walmart is taking dollar stores’ customers
  + stars: | 2024-09-04 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +6 min
Dollar Tree also owns the long-struggling Family Dollar chain. While dollar stores once expanded to reach a growing number of financially strapped Americans, they underestimated just how financially strapped many Americans would become. “They missed the fact in tough times the consumer would be looking for consumables.”Meanwhile, Dollar Tree has been weighed down by its purchase of Family Dollar. Earlier this year, Dollar Tree announced that Family Dollar will close more than 900 stores, and it subsequently said it will explore a sale or spinoff of Family Dollar. In previous times of financial stress, Dollar General has seen middle-income and slightly more affluent households trade down into Dollar General to save money.
Persons: Michael Lasser, , Todd Vasos, Vasos, Mike Creedon, aren’t, “ They’re, ” David D’Arezzo, , ” Neil Saunders, Organizations: New, New York CNN, Walmart, UBS, Dollar General, Dollar, CNN, Target Locations: New York
This story is available exclusively to Business Insider subscribers. Advertisement"For no reason, I felt targeted in a very toxic and vulgar way," Goodman previously told Business Insider. In a previous response to Business Insider, Shvo said he had no recollection of that call. The Goodmans also named the Mandarin Oriental hotel brand as a defendant, stating that 685 Fifth Avenue's "service standards are severely lacking and in no way Mandarin Oriental caliber." A spokeswoman for Mandarin Oriental did not immediately respond to a request for comment.
Persons: , Michael Shvo, Shvo's, Shvo, Shvo –, John Goodman, Diane, Belinda Burgmeier, Burgmeier, Goodman, Jennie Enterprise, Enterprise, Serdar, Bilgili, BVK, Rainer Komenda Organizations: Service, Business, Universal Investment, Deutsche Finance, Core, Shvo, BVK, Core Club, Bilgili, San Locations: Manhattan, New York, Munich, San Francisco, Milan, Italy, Turkish, BVK, Wabash, Chicago, Shvo, Raleigh, Los Angeles
CrowdStrike shares slipped as much as 13% on Monday morning, as the cybersecurity software company continued to help clients across industries recover from an outage that took millions of Microsoft Windows devices offline last week. The incident ensnared 8.5 million Windows devices, less than 1% of the global total, Microsoft said. CrowdStrike shares fell 11% on Friday, but the fallout was not over yet. Guggenheim Securities downgraded its rating on CrowdStrike shares to neutral from buy on Sunday. Goldman Sachs maintained their buy rating on CrowdStrike shares in a note issued early Monday.
Persons: George Kurtz, CrowdStrike, CNBC's Jim Cramer, John DiFucci, Goldman Sachs, Gabriela Borges, Dave DeWalt Organizations: Microsoft, Guggenheim Securities, McAfee, Intel Locations: Laguna Beach , California, U.S, CrowdStrike
Stakes are high for the meeting, which takes place every five years and is known as China’s third plenum. It has historically been a platform for the party’s leadership to announce key economic reforms and policy directives. China’s gross domestic product expanded by 4.7% in the April to June months, compared to the previous year. But observers of China’s opaque political machine don’t believe there will be fundamental economic reforms this time around. Uncompleted residential buildings at a real estate project on the outskirts of Shenyang in China's Liaoning province earlier this year.
Persons: Hong Kong CNN —, Xi Jinping, Xi, , Xi’s, Andrea Verdelli, They’ll, , Neil Thomas, Jing Qian, Li Shangfu, Qin Gang, Li Yuchao, Xu Zhongbo Organizations: Hong Kong CNN, Communist Party, West, Reuters, party’s Central, US, Congress, Bloomberg, Getty, Observers, ” Asia Society Center, China, Tech, EU, Central Committee, Foreign, People’s Liberation Army Rocket Force Locations: China, Hong Kong, Beijing, United States, Europe, party’s, Shenyang, China's Liaoning, China's Shandong
Sung Kook (Bill) Hwang, the founder and head of the private investment firm Archegos, arrives at the Manhattan Federal Courthouse in New York City, U.S., July 9, 2024. The jury, which began deliberations on Tuesday, found Hwang guilty on 10 of 11 criminal counts and Patrick Halligan, his Archegos deputy and co-defendant, guilty on all three counts he faced. Hwang and Halligan sat flanked by their lawyers as the verdict was read by a soft-spoken foreperson. Hwang, 60, had pleaded not guilty to one count of racketeering conspiracy, three counts of fraud and seven counts of market manipulation. At its peak, prosecutors said Archegos had $36 billion in assets and $160 billion of exposure to equities.
Persons: Sung Kook, Bill, Hwang, Patrick Halligan, Halligan, Prosecutors, Andrew Thomas, Barry Berke, William Tomita, Scott Becker, Archegos Organizations: Archegos Capital Management, Prosecutors, U.S . Justice Department, U.S, Attorney's, Southern, of, Credit Suisse, UBS, Nomura Holdings Locations: Manhattan, New York City, U.S, of New York
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