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☆ Bitcoin could hit $100,000 by Inauguration Day, says crypto expert—what a Trump Presidency could mean for digital assets
▼ + stars: | 2024-11-14 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

"A Kamala presidency would have meant the same exact things for crypto and digital assets in four years' time as a Trump presidency," Brokate says. Part of crypto's upward price momentum stems from investor optimism in what a Republican-controlled government could mean for digital assets, Brokate says. But forward-looking investors say that the current market for crypto is barely scratching the surface of potential investor demand. That is, crypto advocates say, if the U.S. government provides a clearer regulatory framework for financial institutions to market and sell crypto and other digital assets to customers. Ideally, crypto enthusiasts say, the U.S. would eventually establish regulatory frameworks similar to the one that exists in Europe known as MiCA — Markets in Crypto Assets.

Persons: Kamala, Trump, Brokate, Federico Brokate, bitcoin, Geoff Kendrick, Andy Baehr, hasn't, Baehr Organizations: Republican, Trump, Crypto, CNBC Locations: U.S, Europe

☆ Sun Valley: Welcome to the secret summer camp for billionaires
▼ + stars: | 2024-07-09 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

The vibe is trail-dad chic — think puffy Patagonia vests and Apple watches and stealth-wealth cashmere pullovers. Sun Valley is also widely believed to be the place where Jeff Bezos decided to buy The Washington Post, and the site of the meet-cute between Comcast and NBC Universal. There are also some notably absent names from the guest list this year. Bob Iger, CEO of Disney and one of the most recognizable business leaders on the planet, wore a name tag and aviators at last year's Sun Valley summit. Questions about President Joe Biden’s ability to campaign have wealthy donors and Democratic officials in a tizzy.

Persons: ”, Jeff Bezos, Warren Buffett, Sam Altman, Bob Iger, Tim Cook, Meta’s Mark Zuckerberg, Google’s Sundar Pichai, Rupert Murdoch, Oprah Winfrey, David Zaslav, Zaslav, Kevin Dietsch, There’s Buffett, Greg Abel, Buffett, Astrid, Elon Musk, Joe Biden’s, Gretchen Whitmer, Josh Shapiro, Wes Moore, Biden, it’s, Hamilton Nolan Organizations: New, New York CNN, Friedman, Allen & Company, Washington Post, Comcast, NBC Universal, Idaho Mountain Express, Disney, Warner Bros, Bloomberg, Variety, Discovery, Paramount, Democratic Locations: New York, Hailey , Idaho, Sun Valley , Idaho, Idaho, America, Sun

☆ Live Updates: Trump Trial Enters Fourth Day With Opening Arguments Next Week
▼ + stars: | 2024-04-19 | by ( Jonah E. Bromwich | Ben Protess | ) www.nytimes.com time to read: +10 min

Have you, a relative, or a close friend ever been employed in the accounting or finance field? Have you, a relative, or a close friend ever been accused or convicted of committing a crime? Do you, a relative, or a close friend have a pending criminal case? Are you signed up for or have you ever been signed up for, subscribed to, or followed any newsletter or email lists run by or on behalf of Mr. Trump or the Trump Organization? The United States Constitution provides that a defendant has no burden to introduce any evidence or to testify in a criminal case.

Persons: Donald J, Trump, Donald Trump, Michael Cohen, Mark Pomerantz, Donald Trump ” Organizations: Prosecutors, New Yorker, Civil, New York Times, New York Daily, Huffington Post, CNN, MSNBC, Google, Street, The New, The New York Post, Newsday, Washington Post, Fox News, MSN, Yahoo, FBI, Attorney’s, Department of Correction, Trump, Mr, Trump Organization, Boogaloo, United, United States Constitution Locations: American, Manhattan, Side, Inwood, New, USA, The New York, New York, United States

☆ Trump's prospective hush money jurors will not be asked if they like him. They will be asked if they read the NY Times.
▼ + stars: | 2024-04-09 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Despite this, prosecutors and the defense will not be blinded to the jury pool's politics in selecting jurors. Jurors will still be asked if they have donated to either party or ever attended a rally or campaign event for Trump. And they'll be asked, "Do you have any feelings or opinions about how Mr. Trump is being treated in this case?" If they answer yes, they will not be asked to elaborate — only whether they can set their feelings aside and remain impartial.

Persons: —, Donald Trump's, Trump, Juan Merchan, Merchan, They'll, Donald Trump, Daniels, Michael Cohen Organizations: Service, GOP, New, Business, Manhattan, Trump Organization, Trump, New York Times, The New York Daily, Huffington Post, CNN, MSNBC, Street, The New, The New York Post, Newsday, Washington Post, Fox News, MSN, Google, Boogaloo Locations: USA, The New York, Manhattan

☆ No slowdown in spending among the wealthy on this Bahamian island
▼ + stars: | 2024-03-23 | by ( Bob Pisani | ) www.cnbc.com time to read: +1 min

The Bahamas has more than 700 islands and cays; remote workers and students can live on 16 of them, including Eleuthera (shown here). "I hear she's staying right up the street," a woman sitting alone at the bar told us. With a population of only 1,800, Harbour Island and its one and only town, Dunmore Town, makes Saint Barts (population 11,000) look like midtown Manhattan. The woman herself, she explained, had moved to Eleuthera, a 10-minute water taxi ride away, where the hoi polloi rarely come, apparently. All of which begs the question: Why on earth would anyone, let alone Taylor Swift and a bunch of billionaires, come to this tiny speck?

Persons: Taylor Swift, Travis Kelce, speck, bemusement, Barts, she's, eyeing, Saint Locations: Bahamas, Dunmore Town, Manhattan, Eleuthera

☆ 'Quiet luxury' was once all about fashion — but now it describes how the top 1% travel too
▼ + stars: | 2024-03-22 | by ( Helen Iatrou | Rob Goss | ) www.cnbc.com time to read: +4 min

Big-ticket travel experiences like those are indicative of the "quiet luxury" trend which began in the world of fashion, with timeless lines trumping brand-blaring outfits. Less limelight, more connectionJaclyn Sienna India, the founder of the ultra-luxury travel company Sienna Charles, said she considers herself a longtime quiet luxury disciple. Monaco has long been a playground for the elite, but wealthy travelers are increasingly opting for more remote locations, say luxury travel advisors. But another important aspect of the quiet luxury movement concerns security. For them, quiet luxury travel is about exclusivity and privacy, she said.

Persons: Jaclyn Sienna India, Sienna Charles, Vietnam's, Alexander Spatari, It's, Sean De Burca, George W, Bush, Erica, Erica Jackowitz, Jackowitz, Sienna India, Thomas Barwick, Roger Federer, Erica's Erica Jackowitz, Anastasiia Organizations: Monaco, Bank, Getty, Digitalvision, Henley, Partners Locations: Antarctica, Svalbard, Paris, Monaco, Chi Minh City, India, Brazil, Ethiopia, New York City, Africa

☆ Even wealthy Los Angeles residents are moving to (slightly) cheaper cities and mansions out of state
▼ + stars: | 2024-01-15 | by ( Dan Latu | Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Many wealthy buyers say they were driven out by a so-called mansion tax in Los Angeles, among other tax-related issues. Los Angeles topped Redfin's list of US metropolitan areas that homeowners are most looking to leave, based on their user data of home searches. Wealthier Americans — those making more than $200,000 per year — are moving out of high-cost cities like New York and Los Angeles, according to personal finance site SmartAsset. San Diego real-estate agent Jennifer Janzen says she's recently had Los Angeles clients head south to trade up in style. Another client of Janzen's was a young family who grew tired of the city life in Los Angeles.

Persons: —, Gus Lira, Lira, Lira's, Summerlin, she's, Jennifer Janzen, Janzen, Sotheby's, grâce, Jade Mills, Rob Desantis, Mary Fitzgerald Organizations: Service, Getty, Hollywood, Las, Golden, LA, Bloomberg, Los, Netflix Locations: Los Angeles, Malibu, California, Orange County, Las Vegas, Nevada, Vegas, Red, Vegas from California, Seattle, Florida , Texas, Tennessee, New York, Diego, Angeles, Rancho Santa Fe, San Diego, LA, Santa Fe, Manhattan

With so many shows on TV and streaming services, it's impossible not to miss a gem or two. “The Bear,” FX on HuluLet's start off with a public service announcement to watch “The Bear” if you haven't already. Any given episode can make you laugh, cry, feel anxious and excited by its genius casting of guest stars. “Perry Mason,” HBOSomething happened between season one and season two of HBO’s “Perry Mason” starring Mathew Rhys. “Shrinking,” Apple TV+Therapy and grief don't sound like a recipe for a feel-good comedy, but “Shrinking” pulls it off.

Persons: shouldn't, Hulu Let's, Carmy, Jeremy Allen White, Chris O'Dowd, M.O . Walsh, David West Read, Gerry Turner, Turner, “, you’re, Dominique Fishback, Donald Glover, Fishback, Dre, Chloe Bailey, Damson Idris, Paris Jackson, Halsey, Billy Eilish, ” Max, Cary, Brooke, Chase —, Max, Drew Tarver, Heléne Yorke, Molly Shannon, momager, Chase, Case Walker, ” Ali Wong, Steven Yeun, Wong, ”, Ronald Gladden, James Marsden, Lee Eisenberg, Gene Stupnitsky, “ Perry Mason, “ Perry Mason ”, Mathew Rhys, Mason, Jason Segel, Jimmy, resentfully, Christa Miller, Harrison Ford, Jessica Williams —, Segel, Bill Lawrence, Brett Goldstein, Roy Kent, Ted Lasso, Max Yes, Roy, percenters, —, Logan Roy, Brian Cox Organizations: The Associated Press, FX, Hulu, Apple, ABC, Associated Press, “, Chase Dreams, Netflix, AP, HBO Locations: Chicago, “

☆ The noise from pickleball courts is driving everyone crazy. Scientists are trying to come up with a solution.
▼ + stars: | 2023-11-21 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +7 min

AdvertisementNow, scientists are looking into everything from acoustic fabrics to court spacing in a bid to come up with a solution. Why is pickleball noise so annoying? The engineer founded Pickleball Sound Mitigation LLC, a firm that specializes exclusively in the sport, per The Hustle. AdvertisementThe organization hopes the "quiet category" could soon "encompass a wide range of products, including paddles, balls, paddle covers, and noise mitigation screens for pickleball courts," the statement. USA Pickleball is also compiling a list of acoustic experts trained to help dampen the noise of the game, per Axios.

Persons: —, Sue, Ellen Welfonder, she'd, Nicole Laffan, Laffan, RJ Sangosti, Kausik Sarkar, Braxton Boren, WUSA9, Boren, Bob Unetich, Unetich, Pickleball, Carl Schmits Organizations: Service, Washington Post, Fitness Industry Association, New York Times, Northeastern Global, MediaNews, Denver, Getty, George Washington University, University, Carnegie Mellon University, USA Locations: British Columbia, Washington, Denver , Colorado, USA

☆ AI one-percenters seizing power forever is the real doomsday scenario, warns AI godfather
▼ + stars: | 2023-10-30 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Meta's Yann LeCun thinks tech bosses' bleak comments on AI risks could do more harm than good. Thanks to @RishiSunak & @vonderleyen for realizing that AI xrisk arguments from Turing, Hinton, Bengio, Russell, Altman, Hassabis & Amodei can't be refuted with snark and corporate lobbying alone. https://t.co/Zv1rvOA3Zz — Max Tegmark (@tegmark) October 29, 2023LeCun says founder fretting is just lobbyingSince the launch of ChatGPT , AI's power players have become major public figures. The focus on hypothetical dangers also divert attention away from the boring-but-important question of how AI development actually takes shape. For LeCun, keeping AI development closed is a real reason for alarm.

Persons: Meta's Yann LeCun, —, Yann LeCun, Sam Altman, Anthropic's Dario Amodei, Altman, Hassabis, LeCun, Amodei, LeCun's, Max Tegmark, Turing, Hinton, Russell, Tegmark, I'd, fretting, Elon Musk, OpenAI's, OpenAI Organizations: Service, Google, Hassabis, Research, Meta Locations: Bengio, West Coast, China

☆ A grape soda fountain, a moonbounce and an electric fan: Is this modern art?
▼ + stars: | 2023-10-13 | by ( Leah Dolan | ) edition.cnn.com time to read: +5 min

London CNN —The 20th annual installment of Frieze — London’s biggest and most influential art fair — has officially begun. A grape soda fountainAdam Farah-Saad's debut at the Public Gallery booth included a steel 6-person fountain pumping KA grape soda. Courtesy of Public GalleryLondon artist Adam Farah-Saad’s first solo exhibition presented by Public Gallery featured a large reworked steel drinking fountain similar to those seen at children’s parks or playgrounds. This version would probably prove more popular with those under 18, too, since it exclusively pumps out KA Black Grape Soda instead of H2O. Placed 20 inches away is a rotating electric fan causing the pages of the pad to flutter between drawings.

Persons: Regent’s, Barbara Sturm’s “, ”, Elizabeth Peyton’s, Adam Farah, Saad’s, Farah, Mariah Carey’s, Caballero Alto, Bruno Ruiz, Débora Delmar, “ Caballero Alto, Beuys, Linda Nylind, Wantanee, Siripattananuntakul, Joseph Beuys, Gillian Wearing, Maureen Paley's, Haricot, Shilpa, Shilpa Gupta Organizations: London CNN, Gallery, Public, Llano Gallery, Young British, Frith Locations: Gallery London, Mexico City, Llano, London, Chapultepec Castle, Thai, New York, United Kingdom

☆ America's veterans are the prime target for domestic terrorists — as recruits
▼ + stars: | 2023-09-17 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +13 min

A new documentary, "Against All Enemies," explores the link between military veterans and extremism. Why are veterans targeted as recruits for this kind of radical ideology? What patterns do you see in the direction that things are going for veterans in the wake of pulling out of Afghanistan? AdvertisementAdvertisementAre there commonalities in the ideology among extremist groups recruiting online in the ways they attract veterans for membership? From your perspective, what does the anti-democracy side stand to gain from continuing to push this this narrative to veterans?

Persons: Ken Harbaugh, —, Variety, I'm, That's, who've, that's, George Soros —, Mike Flynn's, Marjorie Taylor Greene's, Josh Hawley, JD Vance, Sarah Palin, Mike Huckabee, Trump, Mike Flynn, Andrew Clyde, we've, Liz Cheney, Adam Kinzinger Organizations: Service, Capitol, Navy, Rubicon, Ivy League, GE, Amazon, Trump, Yale Law School, United, Republican Party, clarion Locations: Wall, Silicon, Afghanistan, Korea, Vietnam, Iraq, American, Canada, United States, Myanmar, Georgia, America

[1/3] Director Craig Gillespie poses during the gala presentation of "Dumb Money" at the Toronto International Film Festival (TIFF) in Toronto, Ontario, Canada September 8, 2023. Dumb Money captures the behind-the-scenes of one of the biggest Wall Street stories of COVID that hooked retail investors and created a mutiny by grabbing the attention of professional investors on social media. It chronicles the battle between institutional and retail investors when Reddit-inspired small traders rose up against Wall Street by buying shares of GameStop (GME.N) en masse, creating large losses for short sellers. With the tagline "Dear Wall Street ...," the movie is "very front and center" and is timely in discussing the topic of wealth disparity in America, Gillespie said. Teddy Schwarzman declined to comment on how his familial ties to Wall Street affected the production of "Dumb Money."

Persons: Craig Gillespie, Carlos Osorio, Craig Gillespie's, Gillespie, Paul Dano, Pete Davidson, America Ferrera, Vincent D'Onofrio, Nick Offerman, Shailene Woodley, Seth Rogen, Kenneth Griffin, Steven Cohen, Aaron Ryder, Teddy Schwarzman, Stephen Schwarzman, Jenna Zucker, Nivedita Balu, Sandra Maler Organizations: Toronto, Film, REUTERS, Rights, GameStop, America, Wall, Blackstone Group, Thomson Locations: Toronto , Ontario, Canada, America

☆ How the ultra-wealthy infiltrated anti-capitalist Burning Man
▼ + stars: | 2023-09-05 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

New York CNN —Burning Man, the desert confab that descended into chaos over the weekend, isn’t quite the scrappy, free-spirited revelry that it once was. For many watching the disarray of Burning Man from afar, the rain and mud that left 70,000 people stranded quickly became a symbol of the festival’s departure from its roots. Or, more simply: how the billionaires ruined Burning Man. Going to Burning Man is, in some elite circles, akin to having climbed Everest or taken ayahuasca on a meditation retreat — a spiritually transformative experience, undertaken with a considerable safety net of privilege. “Burning Man is the perfect example of how many rich White people recreationally manufacture hardship because they are immune from it systematically,” wrote one user on X, formerly Twitter, this weekend.

Persons: isn’t, Elon Musk, Recode, ” Mark Zuckerberg, Dustin Moskovitz, Elizabeth Holmes, ”, Andrew Hyde, Holly Yan Organizations: New, New York CNN, Facebook, New York Times, New York Post, CNN Locations: New York, San Francisco, There’s

☆ 3 travel agents for the world's wealthiest people share exactly where the 1% are traveling this summer, from Botswana to the Côte d'Azur
▼ + stars: | 2023-07-20 | by ( Mark Ellwood | ) www.businessinsider.com time to read: +9 min

Summer travel can be done on a budget, but for the world's wealthiest people, no expense is spared. Top travel agents shared the hottest spots they're seeing this year, from Paros to the Côte d'Azur. Instead, look to the elite group of agents who help wrangle those jaunts and cater to the wealthiest, most demanding vacationers. Courtesy of John CliffordJohn Clifford in San Diego runs International Travel Management and has expertise with LGBTQ+ travel. Insider asked these travel professionals to share the secrets of where and how the richest 1% are vacationing in summer 2023.

Persons: they've, Jules Maury, Jules Maury Jules Maury, Scott Dunn, John Clifford, John Clifford John Clifford, Edward Granville ., Edward Granville Edward Granville, Granville, Maury, I've, Clifford, he's, Côte, they're, We've, Rod, it's, Paros, It's, Cosme, Parilio, Avant, she's, she'd, Milos Organizations: Côte, Service, San Diego, Travel Management, d'Azur, Porto Heli, Italy, Avant Mar, HBO, Domenico Palace Locations: Paros, Wall, Silicon, San, Red Savannah, London, COVID, Europe, Cannes, France, Africa, Botswana, Namibia, Botswana's Okavango Delta, Kenya, Porto, Greece, Italy, Spain, Athens, Amalfi Coast, Rome, Sicily, Domenico

Weeks later, Mr. Trump is the former President Trump. Instead, in a brief televised address shortly before 2:30 a.m., Mr. Trump furiously laid down his postelection lie. For weeks, Mr. Trump had been peppering him with tips of fraud that, upon investigation by federal authorities, proved baseless. The cavalry “is coming, Mr. President,” Kylie Kremer tweeted to Mr. Trump on Dec. 19. On Jan. 15, Mr. Trump acquiesced to an Oval Office meeting with Mr. Lindell, who arrived with two sets of documents.

Persons: Donald J, Trump, Joseph R, Biden, Justin Clark, Rudolph W, Giuliani, Clark, Weeks, Mitch McConnell, McConnell, Jared Kushner, McConnell’s, Biden’s, William P, Barr, Mr, Trump’s, Sidney Powell, Lin Wood, sleuths, MyPillow, Mike Lindell, Patrick Byrne, Stephen K, Bannon, Michael T, Flynn, platformed, Jared Taylor, Enrique Tarrio, Doug Mills, Eric, “ We’re, ”, Fox, Eric Trump, Newt Gingrich, Joe Biden’s, Kevin McCarthy, Laura Ingraham, Obama, Dennis Montgomery, Thomas McInerney, McInerney, John McCain, Bannon’s, “ it’s, Paul Gosar, Doug Ducey, Roy Blunt of, Roy Blunt, Anna Moneymaker, —, “, ” Mr, Mark Meadows, Josh Holmes, Kushner, — Mr, Mitt Romney, Lisa Murkowski, Lindsey Graham, Sean Hannity, Lindsey Graham of, Sean Hannity’s, — I’ve, Let’s, Graham, Pat A, Axios, Brendan Smialowski, “ Hannity, Thomas, Jenna Ellis, Matt Morgan, Al Gore, George W, Bush, Brooks, Stefan Passantino, Powell, Lynsey Weatherspoon, Gore, William H, Rehnquist, Giuliani —, Kris Kobach, Mark Martin, Lawrence Joseph, Kobach, Uncle Sam, Mr . Biden, Ken Paxton, Jeffrey M, Landry, Paxton, Kyle D, Hawkins, Jacquelyn Martin, Joseph, Richard L, Chris Carr, Carr, Mike Johnson of, Mike Johnson, McCarthy, Privately, Ted Cruz of, John Sauer, ’, ” James E, Nicolai, North, Wayne Stenehjem, Stenehjem, Wayne, Tasos Katopodis, MAGA, Marjorie Taylor Greene, Marsha Blackburn of, Ms, Blackburn, Amy Kremer, Ann Stone, Roger Stone, Amy Coney Barrett, Kremer’s, Kylie Jane Kremer, Jennifer Lawrence, Dustin Stockton, Lawrence, Stockton, I’ve, Lindell, they’d, Taylor, Greg Locke, Covid, Michael McKinney, Tucker Carlson, Carlson’s, “ Donald Trump, ” Ms, Meadows, Georgia runoffs, Byrne, Cipollone, he’d, Martin, Mike Pence, reconvene, ” Kylie Kremer, James Yeager, Kylie Kremer, Yeager’s, Lawrence whooped, John Kennedy, James Lyle, Josh Hawley, “ You’ve, Lyle, Couy Griffin, Kennedy, Pete Marovich, Kremer, Julie Jenkins Fancelli, Alex Jones, Caroline Wren, Kimberly Guilfoyle, Donald Trump Jr, Katrina Pierson, Brad Raffensperger, Jeffrey A, Rosen, Department’s, Jeffrey Clark, Scott Perry, Hawley, Cruz, Year’s, Tom Cotton of, Cotton, Cindy Chafian, Chafian, Jones, Stone, Locke, Jan, “ You’ll, Gosar, Griffin, Robert O’Brien, I’m, ’ ”, Kenny Holston, Donald Trump, ” Mark Walker, Ben Margot, Stefani Reynolds, Samuel Corum, Erin Schaff, David J, Ted Cruz, John Bazemore Organizations: Twitter, Dominion Systems, Trump, Biden, Dominion, New, New York City, The New York Times, Senate, New York, Republican Party, Capitol, White, Times, The Times, America News Network, Fox, America, Boys, New York Times, American, Air Force, Electoral College, Republicans, Joe Biden’s Democratic Party, Republican, Facebook, Democrats, Associated Press, “ Fox & Friends, White House, West Wing, “, Federal Bureau of Investigation, Veritas, Justice Department, Postal Service, York Daily, Agence France, Zignal Labs, Amistad, Thomas More Society, Mr, Electoral, Supreme, Lawyers, General Association, Associated, State, University of California, Republican House, Women, Tea Party, Trump -, Breitbart, of, Credit, SPAN, Tea Party Express, Republican National Committee, Internet, Army, Des Moines Register, Marine, General Services Administration, Swedish, Cowboys, Capitol ., Street Journal, Save, General Association ., Law Defense Fund, Freedom, Coalition, Proud Boys, Willard, Homeland Security, Party, Getty, Georgia Electoral College Locations: Detroit, Arizona, Georgia, New York, America, China, Trump, Grand Rapids, Mich, Philadelphia, Atlanta, Milwaukee, Santa Cruz ,, Arizona —, Russia, North Vietnam, United States, Roy Blunt of Missouri, Kentucky, Utah, Alaska, Lindsey Graham of South Carolina, Erie, Pa, Pennsylvania, Long, Bush, Florida, tightest, Kansas, North Carolina, Ken Paxton of Texas, Texas, State of Texas, Michigan, Wisconsin, Irvine, Mike Johnson of Louisiana, Ted Cruz of Texas, Missouri, Washington, Marsha Blackburn of Tennessee, Trump’s, Hudson, Stockton, Tennessee, Des Moines, Meadows, White, fistfights, Nashville, West Monroe, La, Louisiana, drumbeating, Tom Cotton of Arkansas, Delaware

☆ Jan. 6 rioter who trained in hand-to-hand combat with a militia was given probation after claiming he aspired to be a police officer
▼ + stars: | 2023-07-08 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

A Trump-appointed judge sentenced a Jan. 6 rioter to two years probation and 60 days of house arrest. Taylor Bensch pleaded guilty to disorderly conduct and theft of government property as part of a plea deal. According to NBC, Bensch told the FBI that "B-Squad" members trained in hand-to-hand combat and learned to handle firearms. Bensch was tearful in court on Friday and did not speak, deferring to his attorney Peter Cooper, according to NBC. "I know what I did was horrendous," Bensch told investigators, according to court records.

Persons: Trump, Taylor Bensch, Bensch, Trevor McFadden, Tyler Bensch, Donald Trump, McFadden, Peter Cooper, Cooper Organizations: Service, US, NBC, Police, Department of Justice, Southern Poverty Law, FBI, Capitol, Justice Department Locations: Wall, Silicon

☆ Premarket stocks: The uber-wealthy are doing just fine and Wall Street is cashing in
▼ + stars: | 2023-06-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

But that’s not the case for everyone: The ultra-wealthy are doing just fine, and Wall Street firms are taking advantage of that. Germany, the largest economy in Europe, has slipped into recession as energy price shocks took their toll on consumer spending. In the past 10 weeks, JPMorgan Global Wealth Management opened 40,000 new accounts. Last year, it added around one new client with assets of $100 million or more per day, Mary Erdoes, head of asset and wealth management at the bank, told investors last week. Dollar General customers turn to food banksDollar General (DG) stock had one of its worst days ever on Thursday.

Persons: New York CNN —, that’s, JPMorgan Chase, Andy Cohen, Mary Erdoes, It’s, Goldman Sachs, Louis Vuitton, Dom Pérignon, Dior, Huw Roberts, Hermes —, Roberts, ”, Erwan, “, Gregory Daco, Allison Morrow, Jeff Owen, Owen, Cash, They’re, Elisabeth Buchwald, Treasury hasn’t, Biden Organizations: CNN Business, Bell, New York CNN, Wall, JPMorgan, Bloomberg, JPMorgan Global Wealth Management, Citigroup, International Monetary Fund, Lamborghini, HSBC, EY, Dollar, Treasury, US Treasury Locations: New York, China, United States, Germany, Europe, BlackRock

☆ Trump loyalists flock to Waco for election rally overshadowed by legal threats
▼ + stars: | 2023-03-25 | by ( Nathan Layne | ) www.reuters.com time to read: +5 min

WACO, Texas (Reuters) -Die-hard fans of Donald Trump flocked to the ex-president’s election rally in Waco, Texas, on Saturday, brimming with defiance as their favored candidate faced overlapping threats of criminal indictment. FILE PHOTO: Former U.S. President Donald Trump delivers remarks on education as he holds a campaign rally with supporters, in Davenport, Iowa, U.S. March 13, 2023. REUTERS/Jonathan Ernst/File PhotoSeveral thousand Trump supporters lined up outside the Waco Regional Airport waiting to go through security and enter the event, with the first speaker scheduled for 2 p.m. CDT (1900 GMT). Fifty-seven-year-old Laurie Hansen said Trump was “the best president ever.”“He’s the only one who can bring our country back,” she said. In an editorial, the Houston Chronicle said the decision to host the event in Waco during the anniversary of the Waco siege represented more than a dog-whistle message to far-right and conspiratorial Trump supporters.

☆ Trump loyalists decry 'witch hunt' at Waco election rally
▼ + stars: | 2023-03-25 | by ( Nathan Layne | ) www.reuters.com time to read: +5 min

WACO, Texas (Reuters) -Die-hard fans of Donald Trump flocked to the ex-president’s election rally in Waco, Texas, on Saturday, brimming with defiance as their favored candidate faces legal peril from prosecutors and mixed polling ahead of next year’s Republican primary elections. People cheer ahead of the first campaign rally for the re-election campaign of former U.S. President Donald Trump at Waco Regional Airport in Waco, Texas, U.S., March 25, 2023. “You have to understand: they are not just coming after President Trump, they are coming after you, and President Trump is just the only one standing in their way,” she said. The former president is seeking to turn the hush money case in New York to his advantage by raising money off it and using it to rally supporters. Schomburg said he thought Trump was trying to send a message by holding the rally in Waco.

☆ Trump holds first election rally in Waco overshadowed by legal threats
▼ + stars: | 2023-03-25 | by ( Nathan Layne | ) www.reuters.com time to read: +4 min

FILE PHOTO: Former U.S. President Donald Trump delivers remarks on education as he holds a campaign rally with supporters, in Davenport, Iowa, U.S. March 13, 2023. In an email, a Trump campaign spokesperson said Waco was chosen because it is situated between several major population centers and has the infrastructure to host a large event. Trump has sought to paint the Manhattan case as politically motivated, raised money off it and used it to rally supporters to his side. The city of Waco said it was expecting 15,000 people to attend the rally. In an editorial, the Houston Chronicle said the decision to host the event in Waco during the anniversary of the Waco siege represented far more than a dog-whistle message to far-right and conspiratorial Trump supporters.

☆ Staring down a possible indictment, Trump holds a rally in Waco. A Texas newspaper said the choice isn't a dog whistle but an 'air horn' to far-right groups.
▼ + stars: | 2023-03-25 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +4 min

Thirty years ago, federal agents seized the Branch Davidians in Waco, Texas. Trump's scheduled rally in Waco falls in the middle of the anniversary of the months-long standoff. The New York Times reported that Trump's visit to Waco falls on the 30-year anniversary of the Branch Davidian siege. Although no indictment has been announced, Trump has continued to rally his supporters and make allusions to violence. Trump supporters like Reps. Marjorie Taylor Greene of Georgia and Matt Gaetz of Florida as well as conservative pundits like Dan Bongino have spoken out in support of Trump.

☆ The Paradox of Prosecuting Domestic Terrorism
▼ + stars: | 2023-02-08 | by ( James Verini | ) www.nytimes.com time to read: +52 min

The preventive approach to domestic terrorism goes back even further than the 1990s and it begins with the basic police work and surveillance of the joint terrorism task forces. In fact, there is no section of the U.S. Criminal Code that criminalizes domestic terrorism as such. The absence of clear law around domestic terrorism, and the imperatives of prevention, mean that investigators and prosecutors who work domestic terrorism cases must focus on more common charges: weapons violations, illegal drug possession, burglary, aiding and abetting and so forth. But this was not enough to overrule the fear of domestic terrorism that was gripping the nation and that hung in the courtroom. It reflected the legal paradoxes of the case and domestic terrorism law in general or, maybe more accurately, the absence of it.

☆ Another militia member in Michigan governor kidnapping plot faces sentencing
▼ + stars: | 2022-12-28 | by ( Kanishka Singh | ) www.reuters.com time to read: +2 min

Dec 28 (Reuters) - Another right-wing militia member convicted in the plot to kidnap Michigan Governor Gretchen Whitmer faces several years in prison when he is sentenced on Wednesday in a U.S. District Court. Barry Croft Jr., 47, a member of the far-right Three Percenters militia group, was convicted in August by a federal court jury in Grand Rapids, Michigan, of plotting to abduct the Democratic governor. Croft and Fox were among 13 men arrested in October 2020 in the kidnapping conspiracy. Prosecutors had accused the two of conspiring to trigger "a second American Revolution" by kidnapping Whitmer. Whitmer, co-chairman of Joe Biden's presidential election campaign that year, had clashed publicly with then-President Donald Trump over her COVID-19 policies.

☆ Convicted ringleader in Michigan governor kidnapping plot faces sentencing
▼ + stars: | 2022-12-27 | by ( Steve Gorman | Industry Insight | Saw Law Firms Move Past The Pandemic Into A More Client-Focused Service Environment | ) www.reuters.com time to read: +3 min

Dec 27 (Reuters) - The convicted leader of a foiled plot by members of right-wing militia groups to kidnap Michigan Governor Gretchen Whitmer faces a possible life term in prison when he is sentenced on Tuesday in U.S. District Court. Co-defendant Barry Croft Jr., another member of the Three Percenters militia group, was convicted of the same charges at the same trial and was scheduled for sentencing on Wednesday. Fox and Croft were among 13 men arrested in October 2020 on state or federal crimes in the kidnapping conspiracy. The same jury failed to reach a verdict for Fox and Croft, resulting in a mistrial for them. Two other men who pleaded guilty to kidnapping conspiracy charges testified for the prosecution at the first federal trial and during the retrial of Fox and Croft about four months later.

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