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☆ Samuel Alito and his wife were the honored guests of a German princess and enjoyed a spot of luxe castle living in 2023: report
▼ + stars: | 2024-09-10 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

According to The Times report, the princess hosted Alito and his wife Martha-Ann in July 2023 at her 500-room castle, St. Emmeram Palace, in southeastern Germany. Advertisement"He is pro-life in a time where the majority follows the culture of death," the princess said of Alito. In his 2023 disclosure, Thomas amended his disclosures from 2019 to reflect the luxury trips he received from Crow. AdvertisementStricter ethics rules were adopted in March 2023, requiring Supreme Court justices to disclose any gifts, trips, or meals they may have accepted. A representative for Alito didn't immediately respond to a request for comment from Business Insider, sent outside business hours.

Persons: —, Samuel Alito Jr, Gloria von Thurn, Alito, Martha, Ann, Richard Wagner, SCOTUS, ProPublica, Clarence Thomas, Harlan Crow, who's, Crow, Thomas, John Oliver, Oliver, Vladimir Putin's, Alito didn't Organizations: Service, Gloria von Thurn und, The New York Times, The Times, Business, Bayreuth, Times Locations: German, St, Emmeram, Germany, Crow, Russia

☆ Justice Clarence Thomas didn't disclose additional private jet travel, Democratic senator says
▼ + stars: | 2024-08-05 | by ( Zoë Richards | Zoë Richards Is A Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

The head of a Senate panel investigating Clarence Thomas said Monday that the Supreme Court justice had failed to disclose additional private jet travel. The letter, which also cited reports of Thomas’ travel to Greece, the Caribbean, Russia and the Baltics, is the latest in a string of allegations from Senate Democrats about undisclosed travel by Thomas. In a statement Monday, Crow's office accused Wyden of "abusing" his panel's power in what it called a political campaign against the Supreme Court. An attorney for Thomas and a spokesperson for the Supreme Court did not immediately respond to requests for comment Monday. The judiciary has updated its disclosure rules to make it clear that private jet travel has to be reported.

Persons: Clarence Thomas, Harlan Crow, Sen, Ron Wyden, Thomas, Wyden, Crow, Thomas ’, “, Wyden’s, Elliot S, Berke, Thomas “, Joe Biden, Neil Gorsuch, Biden Organizations: Finance, Supreme, Judicial Locations: Hawaii, New Zealand, Greece, Caribbean, Russia

☆ Justice Clarence Thomas didn't disclose yet another trip with Harlan Crow, senator says
▼ + stars: | 2024-08-05 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +3 min

Read previewSupreme Court Justice Clarence Thomas missed publicly disclosing another jaunt on billionaire and conservative megadonor Harlan Crow's private jet, Democratic Sen. Ron Wyden of Oregon alleged in a letter on Monday. According to the letter, Thomas and his wife, Virginia Thomas, took a round-trip flight on Crow's private jet from Hawaii to New Zealand in November of 2010. In the past, Thomas has said that he doesn't think he needs to disclose gifts from friends who don't have business before the court. Related storiesAt the end of his letter, Wyden requests a "detailed list of all flights Justice Clarence has taken on any private jets under Mr. Crow's ownership or control." AdvertisementWhen Thomas does list travel from Crow, he calls them "personal hospitality."

Persons: —, Clarence Thomas, megadonor Harlan, Democratic Sen, Ron Wyden, Thomas, Virginia Thomas, Wyden, ProPublica, Clarence, Crow, Biden Organizations: Service, Democratic, Oregon, New Zealand, Business, Senate Finance Committee, New York Times Locations: Hawaii, New, New Zealand, Crow

☆ Justice Thomas accepted previously undisclosed private jet flight to New Zealand, Senate Democrat says
▼ + stars: | 2024-08-05 | by ( John Fritze | ) edition.cnn.com time to read: +3 min

The flight was not listed on Thomas’ financial disclosure reports and is the most recent example of the conservative justice accepting luxury travel from Crow becoming public. Wyden, an Oregon Democrat, is focused on the potential tax implications of the gifts Crow made to Thomas. President Joe Biden has made structural changes at the Supreme Court an issue during the waning months of his presidency. Biden has proposed term limits for Supreme Court justices and also an enforceable code of conduct. In response to criticism, the Supreme Court adopted a code of conduct last year for the first time in its history.

Persons: Clarence Thomas, Harlan Crow, Ron Wyden, Thomas, Virginia “ Ginni ” Thomas, ProPublica, Michaela Rose –, “, Crow, Michaela Rose, ” Wyden, Wyden, Wyden’s, ”, Joe Biden, Biden Organizations: CNN, GOP, Democrat, Senate, Customs, Border Protection, Monday, Oregon Democrat, New York Times, Supreme Locations: Hawaii, New Zealand, Crow, Oregon, Indonesia

☆ Justice Thomas Failed to Reveal More Private Flights, Senator Says
▼ + stars: | 2024-08-05 | by ( Abbie Vansickle | ) www.nytimes.com time to read: 1 min

Justice Clarence Thomas failed to publicly disclose additional private travel provided by the wealthy conservative donor Harlan Crow, a top Democratic senator said in a letter on Monday. Customs and Border Protection records revealed that the justice and his wife, Virginia Thomas, took a round trip between Hawaii and New Zealand in November 2010 on Mr. Crow’s private jet, according to the letter. Senator Ron Wyden, Democrat of Oregon, writing to Mr. Crow’s lawyer, demanded that he supply more information about the financial relationship between the two men. The letter, part of an inquiry that Mr. Wyden, the chairman of the Senate Finance Committee, has opened into Mr. Crow and the justice, comes as top Democrats have urged major changes to the Supreme Court, including an enforceable code of conduct.

Persons: Clarence Thomas, Harlan Crow, Virginia Thomas, Ron Wyden, Crow’s, Wyden, Crow Organizations: Democratic, . Customs, Border, New Zealand, Mr, Democrat, Senate Finance Locations: Hawaii, New, Oregon

If you’re in the majority, you don’t need judges and juries to hear you and protect your rights. Last month, Biden traveled to Texas, where he announced a set of proposed Supreme Court reforms that would impose mandatory ethics rules for the court and term limits on justices. The proposals aren’t likely to be implemented before Biden’s term ends, but they signal a policy goal for Democrats as several Supreme Court justices have come under increased scrutiny in the last few years. Last year, ProPublica reported on a series of expensive gifts and trips Justice Clarence Thomas took with billionaire Harlan Crow. Both are symbols used by Trump supporters and were flown during the Jan. 6, 2021, attack on the Capitol.

Persons: Neil Gorsuch, Joe Biden’s, Biden, “, Fox News ’ Shannon Bream, Gorsuch, “ You’re, I’m, ”, ProPublica, Clarence Thomas, Harlan Crow, Thomas ’, Ginni Thomas, Donald Trump’s, Samuel Alito, Alito Organizations: Fox News, Trump, Capitol Locations: Texas

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☆ Alec Baldwin trial: Judge pauses trial after defense alleges government misconduct
▼ + stars: | 2024-07-12 | by ( Josh Campbell | Cheri Mossburg | ) edition.cnn.com time to read: +4 min

However, the technician testified the items were catalogued separately from Baldwin’s case and were not included in the “Rust” case inventory or tested to see if they matched the lethal round. Baldwin’s team argued prosecutors did not properly disclose this evidence to the defense and asked for the case to be dismissed. In response, prosecutor Kari Morrissey said investigators determined the ammunition was not a match to those found on the “Rust” set and had no evidentiary value to the case. The judge has ordered additional witnesses to testify before she renders a ruling on Baldwin’s motion to dismiss the case. At opening statements Wednesday, prosecutors alleged Baldwin was reckless with firearms on set and violated the “cardinal rules of firearm safety” with his actions.

Persons: Alec Baldwin, “, armorer Hannah Gutierrez Reed, Troy Teske, Marissa Poppell, Baldwin’s, Kari Morrissey, ” Morrissey, Judge Mary Marlowe Sommer, Seth Kenney, Detective Alexandria Hancock, Gutierrez Reed, Jason Bowles, Halyna Hutchins, ” Baldwin, Hutchins, Joel Souza, Baldwin, ”, Alec Baldwin's, –, Harlan Rust, Alex Spiro Organizations: CNN, Office Locations: Santa Fe, Mexico, “

☆ Senators ask DOJ to investigate 'serious possibility of additional tax fraud' by Clarence Thomas
▼ + stars: | 2024-07-09 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Read previewTwo Democratic senators have called on Attorney General Merrick Garland to open a special counsel investigation into Clarence Thomas. This story is available exclusively to Business Insider subscribers. Presented with opportunities to resolve questions about his conduct, Justice Thomas has maintained a suspicious silence." AdvertisementA spokesperson for the Justice Department declined to comment on the letter when reached by Business Insider. Thomas has previously denied any wrongdoing, arguing gifts from Crow and others fall under a "personal hospitality exemption," meaning they don't require disclosure.

Persons: —, General Merrick Garland, Clarence Thomas, Sheldon Whitehouse, Ron Wyden, Thomas, Harlan Crow, Mark Martin, Whitehouse, Thomas's, he'd, Crow Organizations: Service, Oregon, Supreme, Business, Judicial Conference, Wyden, Finance, Justice Department, Business Insider Locations: Sens, Rhode Island, Crow

☆ Semiconductor stocks just capped off a strong start to 2024. What to expect in the second half
▼ + stars: | 2024-07-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Wall Street is sticking with semiconductor stocks after its hot start to the year. SMH YTD mountain Share performance in 2024 That said, many investors and analysts expect another strong glide path for the industry in the second half. "The AI theme continues to remain very strong," said CFRA Research analyst Angelo Zino, who holds a buy rating on Nvidia. Many on Wall Street view this upcycle as a significant tail wind for Micron Technology as the industry edges out of its trough. But many on Wall Street viewed the sell-off as a buying opportunity , with Goldman Sachs analyst Toshiya Hari expecting market share gains in high-bandwidth memory.

Persons: frothiness, Angelo Zino, you've, Ken Mahoney, John Belton, we're, Management's Paul Meeks, that's, Harlan Sur, Baird, Ted Mortonson, Jeff deGraaf, CNBC's, Gabelli's Belton, Belton, Meeks, Goldman Sachs, Toshiya Hari, Hari, CFRA, Zino, Baird's Mortonson Organizations: VanEck Semiconductor, Nvidia, Devices, CFRA, Gabelli Funds, Broadcom, JPMorgan, KLA Corp, Cadence Design Systems, Micron Technology, Micron, Qualcomm, Apple Locations: unchartered

☆ Here are JPMorgan’s top stock picks heading into July
▼ + stars: | 2024-07-01 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

"Unwarranted discount versus peers given improved fundamentals and EBITDA/ FCF growth," JPMorgan wrote. JPMorgan's $2,400 price target implies the stock could rally nearly 43%. Bank of America also hiked its price target to $2,150 from $2,000, calling the stock one of its top picks . However, Analyst Matthew Boss' $157 price target means that the stock could climb 48% from here. Other stocks that made JPMorgan's list include industrials manufacturer Danaher , energy company Entergy and chemicals firm DuPont De Nemours .

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☆ Wall Street analysts say this slide in Micron is a buying opportunity for AI play
▼ + stars: | 2024-06-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Investors should consider using the pullback in Micron Technology to snatch up shares, according to several Wall Street analysts. His $175 price target implies upside of more than 22% from Wednesday's close. Goldman Sachs analyst Toshiya Hari also viewed the drop as a buying opportunity, citing expectations for growth in AI compute and high-bandwidth memory market share gains. Hari has a price target of $158, signaling 11% upside over the next 12 months. MU 1D mountain Micron shares fall on in-line guidance Wells Fargo's Aaron Rakers reiterated his overweight rating and $190 price target, implying more than 33% upside.

Persons: Christopher Danely, Goldman Sachs, Toshiya Hari, Hari, Harlan Sur, Bernstein, Mark Li, Timothy Arcuri, Wells Fargo's Aaron Rakers, Vivek Arya Organizations: Micron Technology, MU, Micron, UBS, Bank of Locations: Wednesday's, CY25, ramping HBM

☆ Wednesday could be a big day for AI chip stocks as their market-leading rally stalls
▼ + stars: | 2024-06-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

MU YTD mountain Micron shares this year Nvidia's seemingly limitless rally stalled in recent sessions as investors took a break from semiconductor stocks. While it isn't a given that CEO Jensen Huang shows up at Nvidia's meeting, any commentary could provide an impetus for the stocks. Meeks noted that recent comments from Huang about AI chips during a trip to Asia spurred a bounce in shares. Comments could boost sentiment and convince investors the chip behemoth has yet to reach peak revenue, he added. Meeks called the selloff in chip stocks overdone, viewing a long-term runway for the AI theme at a reasonable valuation.

Persons: You've, Paul Meeks, Jensen Huang, Meeks, Huang, Meeks —, Harlan Sur, Christopher Danely, I'm Organizations: Nvidia, Micron Technology, Portfolio Management, MU, Micron, Broadcom, Qualcomm, JPMorgan, Citi Locations: Asia

☆ iBorrow founder on the growth of private lending in commercial real estate
▼ + stars: | 2024-06-21 | 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 EmailiBorrow founder on the growth of private lending in commercial real estateCNBC's Tyler Mathisen sits down with Harlan Peltz, iBorrow founder, to discuss the state of commercial real estate, how the company fills a lending gap in the market, and more.

Persons: CNBC's Tyler Mathisen, Harlan Peltz

☆ The trips Justice Clarence Thomas took with Harlan Crow — that we know of
▼ + stars: | 2024-06-18 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

Read previewSupreme Court Justice Clarence Thomas is once again facing renewed scrutiny amid details about undisclosed trips he took with GOP mega-donor Harlan Crow. Advertisement"The Judicial Conference changed this provision last year, and Justice Thomas has fully complied with the new disclosure requirement," Berke said. GOP megadonor Harlan Crow has defended his relationship with Justice Clarence Thomas after a series of bombshell ProPublica reports. July 2019: Bali, IndonesiaThomas and Crow's 2019 Bali vacation was the centerpiece of ProPublica's original 2023 report. ProPublica previously reported on Thomas' trips to the gentleman's retreat.

Persons: —, Clarence Thomas, Harlan Crow, Thomas, Sen, Dick Durbin, Crow, ProPublica, Michael Zona, Committee's, Elliot S, Berke, Louis, New York ProPublica, Camp Topridge, Leonard Leo, Chris Goodney, Indonesia Thomas, Ginni Thomas, Michaela Rose, Bohemian Grove , California Thomas, Topridge, Topridge —, buddy's hideaway, Crow's, Justice Organizations: Service, GOP, Business, BI, Verizon, PricewaterhouseCoopers, Bloomberg, Getty, Washington Post, DC, Supreme Locations: Indonesia, Grove, Monte Rio , California, Montana, St, Kalispell , Montana, Dallas, New York, Crow's, Thomas, Savannah , Georgia, Georgia, Bali, Bohemian Grove , California, Bohemian Grove, Northern California, Washington, San Jose , California, New Zealand

☆ Thomas Took Additional Trips on Harlan Crow’s Private Jet, Documents Show
▼ + stars: | 2024-06-13 | by ( Abbie Vansickle | ) www.nytimes.com time to read: 1 min

Justice Clarence Thomas never disclosed three trips aboard the private jet of the Texas billionaire Harlan Crow, according to documents obtained by the Senate Judiciary Committee. The documents, obtained by Democrats on the panel, list three visits that have not been previously been reported: one to a city in Montana, near Glacier National Park, in 2017; another to his hometown, Savannah, Ga., in March 2019; and another to Northern California in 2021. The purpose of each trip was not immediately clear, nor was the reason for their omission on the justice’s disclosure forms. However, all of the flights involve short stays: two were round trips that did not include an overnight stay. The revelation underlined the extent to which Justice Thomas has relied on the generosity of his friends over the years and the consistency with which he declined to report those ties.

Persons: Clarence Thomas, Harlan Crow, Thomas Organizations: Senate Locations: Texas, Montana, Savannah, Ga, Northern California

The bank also raised its price target to $160 from $115, suggesting 18% upside from Wednesday's close. — Michelle Fox 7:59 a.m.: KeyBanc raises Netflix price target Netflix's growth isn't going to slow down any time soon, according to KeyBanc Capital Markets. — Pia Singh 7:23 a.m.: Bank America raises price target on Boeing Bank of America is weighing the challenges and opportunities Boeing has to make a turnaround. She kept her $38 price target, which implies shares could drop just slightly from its latest close. — Pia Singh 5:45 a.m.: Jefferies names Microsoft a top pick Microsoft is "going for AI gold," according to Jefferies.

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☆ Clarence Thomas took more undisclosed trips paid for by GOP megadonor Harlan Crow, Senate committee chair says
▼ + stars: | 2024-06-13 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Supreme Court Justice Clarence Thomas has omitted at least three private jet trips gifted by Republican megadonor Harlan Crow from his annual financial disclosures, a top Senate Democrat alleged Thursday. Those trips included private flights in 2017, 2019 and 2021 that Thomas failed to disclose, according to Judiciary Committee Chairman Dick Durbin of Illinois. The Senate probe of the Supreme Court "makes it crystal clear that the highest court needs an enforceable code of conduct, because its members continue to choose not to meet the moment," Durbin said in a statement. Spokespeople for Thomas and the Supreme Court did not immediately respond to CNBC's requests for comment. Thomas said in his latest disclosure that those two trips were "inadvertently omitted" at the time.

Persons: Clarence Thomas, Harlan Crow, Thomas, Dick Durbin of, Crow, Durbin, Spokespeople, ProPublica, Elliot Berke Organizations: Republican, Dick Durbin of Illinois, CNBC, Washington , D.C, D.C, Senate Locations: St, Louis , Missouri, Kalispell , Montana, Dallas , Texas, Washington ,, Savannah , Georgia, San Jose , California, Bali, Indonesia, Monte Rio , California, Crow

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