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☆ Kendrick Lamar spells out what he hates about Drake in new diss track, 'Euphoria.' Here's their beef explained.
▼ + stars: | 2024-04-08 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +19 min

Kendrick Lamar responded to Drake with a new diss track, "Euphoria," as their beef rages on. AdvertisementKendrick Lamar has taken aim at Drake for a second time with his new diss track, "Euphoria," amid the hip-hop heavyweights' feud. Advertisement"He doesn't have the heart for the lying, disrespect, and animosity it requires to make an effective diss track," Pierre wrote. A 'Drake' diss track appears online – but fans are wary it's AI-generated. Later in the track, Drake references Cole's diss track and apology.

Persons: Kendrick Lamar, Drake, Lamar, Taylor, —, Lamar dissed Drake, J, Cole, Rick Ross, Cole —, he's, Joseph Okpako, WireImage Lamar, Jermaine Cole, Big, Wale, Pusha, Meek Millz, Big Sean, Jay, Tyler, Mac Miller, Kunta, Lamar hasn't, Meek, Getty, Tim Mosenfelder, Aubrey, Muhammad Ali, Michael Jackson, Jackson, Prince, Mike Jack, Prince . Prince, “ Organizations: Metro Boomin, Service, Future, Metro, HBO, Wireless, Lamar, Big, Rocky, Rap Locations: Lamar, Canadian, Florida

☆ Everything you want to know about Janet Yellen’s China visit; Russia, chopsticks, oversupply
▼ + stars: | 2024-04-08 | by ( Nectar Gan | ) edition.cnn.com time to read: +11 min

“China is now simply too large for the rest of the world to absorb this enormous capacity,” Yellen told reporters Monday. US intelligence has warned that China is providing technology and equipment to Russia that is important to Moscow’s war in Ukraine. During her last visit to Beijing, Yellen dramatically boosted business for a Yunnan restaurant chain and its mushroom dish after her delegation was spotted dining there. “As a US official, Yellen needs to know more about China than just its food. Only by understanding China better, can she correct the US worldview and its views of China and China-US relations.”

Persons: Janet Yellen, Yellen, Joe Biden, Xi Jinping, ”, China Nicholas Burns, Pedro Pardo, Li Qiang, ” Yellen, Li, Biden, “, Mao Ning, Xi, CNN’s Marc Stewart, we’ve, Andy Wong, “ Yellen, Tao Tao Organizations: Hong Kong CNN, Russia, China's, Getty, Vice, Foreign Ministry, Treasury Department ., Ukraine, China’s, Ministry, “ Locations: China, Hong Kong, Guangzhou, Beijing, United States, AFP, Washington, Xinhua, Russia, Ukraine, Treasury Department . China, San Fransisco, “, Yunnan, Weibo

☆ Don't expect the Mayorkas impeachment trial to last long
▼ + stars: | 2024-04-06 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

Read previewHomeland Security Secretary Alejandro Mayorkas' historic impeachment trial will likely be over before you even notice. Conservative legal scholars and even three House Republicans have questioned Mayorkas' impeachment. Here's how Democrats will likely handle Mayorkas' impeachment. After failing to impeach Mayorkas on the first vote, House Republicans narrowly impeached the Homeland Security secretary on February 13. GOP Reps. Mike Gallagher, Tom McClintock, and Ken Buck GettyWhy are even some Republicans against Mayorkas impeachment?

Persons: —, Alejandro Mayorkas, Chuck Schumer, Marjorie Taylor Greene, Mayorkas, Joe Biden's, Mike Johnson, Mitch McConnell, it's, McConnell, Greene, Andy Wong, Sen, Robert Byrd, Bill Clinton, Clinton, Jon Tester, Tester, Joe Manchin, Mitt Romney, Mike Gallagher, Tom McClintock, Ken Buck Getty, Mike Gallagher of, Ken Buck, Tom McClintock of, impeaching Mayorkas, Jonathan Turley, Turley, framers Organizations: Service, Republican, Business, Republicans, GOP, Democrats, Homeland, AP, Security, West, West Virginia Democrat, Washington Post, Democratic, Montana Democrat, Politico, Democrat, George Washington University Law School Locations: Marjorie Taylor Greene of Georgia, Washington, New York, West Virginia, Montana, Utah, Mike Gallagher of Wisconsin, Ken Buck of Colorado, Tom McClintock of California

☆ Boebert continues stoking controversy amid intense battle to keep her job
▼ + stars: | 2024-04-05 | by ( Melanie Zanona | ) edition.cnn.com time to read: +10 min

“It hasn’t encumbered her job performance,” GOP Rep. Byron Donalds of Florida told CNN. I’m not afraid of a challenge though,” Boebert told CNN before the House left for a two-week break. And unfortunately, I’ve had a front row seat,” Boebert told CNN. “I did it because we don’t have to have two separate elections and cost the taxpayers two separate elections,” he told CNN. And she’s probably made more jokes about her own stupidity in that movie theater than I’ve heard elsewhere,” one GOP lawmaker told CNN.

Persons: Lauren Boebert, Donald Trump, Boebert, Trump, MAGA, carpetbagging –, Byron Donalds, we’re, I’m, ” Boebert, ”, Ken Buck, –, Buck, Greg Lopez, “ Greg, they’re, “ You’ve, Buck Still, Mike Johnson, Boebert’s, There’s, I’ve, “, ” Buck, Marjorie Taylor Greene –, She’s, Lauren Organizations: CNN, Colorado Republican, New York Young Republican, Trump, GOP, Pueblo Jobs, Democrat, Republican, Colorado Republicans, Boebert, Democratic, “, Caucus, Freedom Caucus Locations: Denver, Manhattan, Colorado, Florida, Colorado’s, Boebert

Cash-out refinancing and home equity loans are two of the most popular tools available to access your equity. A cash-out refinance works like this: You apply for a new mortgage loan that's larger than your current one. Interest rates and loan termsBoth cash-out refinances and home equity loans typically come with fixed interest rates, but home equity loan rates tend to be a few points higher. ConsiderationsBefore deciding to use a home equity loan or cash-out refinance, you'll need to take the following costs into account first. Choosing the right optionBoth home equity loans and cash-out refinancing can help you turn equity into cash.

Persons: Cash, You'd, it's, what's, Melissa Cohn, William Raveis, refinance, you'll, Nicole Straub, — Organizations: LTV, William Raveis Mortgage, Discover Locations: foreclosing, —

☆ Taipei 101: How Taiwan’s tallest skyscraper withstands earthquakes
▼ + stars: | 2024-04-04 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

But in a triumph of modern engineering, the soaring Taipei 101, once the world’s tallest skyscraper, emerged from the island’s latest seismic event undamaged. A 660-ton spherical device called a tuned mass damper swings like a giant pendulum in the skyscraper's upper floors. “It’s essentially a very large counterweight,” explained Stefan Al, author of “Supertall: How the World’s Tallest Buildings Are Reshaping Our Cities and Our Lives,” in a phone interview. “In the case of Taipei 101, it’s 660 tons. Lee & Partners, Taipei 101 was the world’s tallest building from 2004 until 2007, when it was surpassed by the Burj Khalifa in Dubai.

Persons: Richard Chung TW, “ It’s, ”, Stefan Al, “, it’s, ” Al, Al, Lee Organizations: CNN, National Fire Agency, Lee & Partners Locations: Taiwan, Hualien County, Taipei, New York, Burj Khalifa, Dubai, ”, Indonesia, Chile

☆ Job gains expected again in March. Here are all the things to look for in Friday's report
▼ + stars: | 2024-04-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Job growth is expected to come in at 200,000 for the period, according to the Dow Jones consensus forecast. That will be just one of several key areas in focus when the report is released at 8:30 a.m. The job market's resilience has confounded many economists who spent the past two years searching for a jobs-led recession that never happened. Household employment, which counts individual workers rather than total jobs and is used to calculate the unemployment rate, has fallen by nearly 1 million since November. The survey is more volatile and uses a much smaller sample than the establishment count that yields the headline payrolls growth total.

Persons: Timothy Aeppel, nonfarm payrolls, Dow, Dan North, Goldman Sachs, Luke Tilley, Stocks Organizations: Labor Department, Allianz Trade, Wilmington Trust Locations: Oxnard , California, Wilmington

☆ Gen Zers and millennials love Cartier watches, with a few differences
▼ + stars: | 2024-04-04 | by ( Amanda Krause | ) www.businessinsider.com time to read: +4 min

Millennials and members of Gen Z both love Cartier watches, but they prefer different styles. But online, fashion preferences have become more like a battle between millennials and members of Gen Z. Advertisement"There's a joke that millennials love the Cartier Panthère, and Gen Z loves Cartier Baignoires right now," Trang Trinh, a watch aficionado who runs the TikTok account Girls O'Clock, told Business Insider. Millennials vs. Gen Z: Cartier editionSo, why do millennials love the Panthère style? Panthère watches retail for prices between $3,300 and $134,000, and Baignoires cost between $6,900 and $102,000.

Persons: Millennials, Gen, Cartier, —, Gen Z, Sotheby's, Charlie Chaplin, Keith Richards, Pierce Brosnan, Trinh, It's Organizations: Service Locations: millennials

☆ Europe opens competition probes covering Chinese solar panel makers over subsidies
▼ + stars: | 2024-04-03 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —The European Union has launched investigations into two groups of companies that include Chinese solar panel makers in the latest salvo against what it suspects is unfair competition from China’s vast manufacturing sector. “There are sufficient indications that both (consortia) have been granted foreign subsidies that distort the internal (EU) market,” the European Commission said in a statement. The European Commission has said it may impose tariffs on Chinese biodiesel imports if dumping is confirmed. Like biodiesel, solar panels are an important part of Europe’s efforts to transition to an economy powered by clean technologies. Last month, Premier Li Qiang told the country’s parliament that China would focus on exporting more of its “new trio” of products, namely electric vehicles, solar panels and lithium batteries.

Persons: Thierry Breton, Jens Eskelund, Li Qiang Organizations: London CNN, European Union, European Commission, Green Energy Technology Co, Shanghai Electric Group Co, European, European Union Chamber of Commerce, EU Locations: Romania, EU, China, Europe

☆ A millennial forged his mom's signature and sold her Rolls-Royce to pay off debts racked up on nightclub dancers
▼ + stars: | 2024-04-02 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

In August 2022, Singaporean Liu Kuei Liang forged his mom's signature on sales agreements, court documents seen by Business Insider show. He pleaded guilty to forgery in a Singaporean court, and on March 22 was given a 12-week prison sentence. But on August 16 that year, Liu's mother alerted the police, and he was charged with forgery. In court, Liu's defense attorneys said his mom had offered him the use of her cars "as and when required." AdvertisementThey also pointed to the fact that as the case moved forward, Liu's mom forgave her son, the case summary says.

Persons: Royce, Liu Kuei Liang, —, Liu, Autoart, Brenda Chua, Liu's, Chau Organizations: Service, Business, Royce Locations: Autoart Singapore, Taiwan

☆ Special counsel blasts judge’s jury instruction request in Trump documents case
▼ + stars: | 2024-04-02 | by ( Hannah Rabinowitz | Tierney Sneed | ) edition.cnn.com time to read: +5 min

In an unusual order last month, Cannon asked attorneys on the classified documents case to submit briefs on potential jury instructions defining terms of the Espionage Act, under which Trump is charged over mishandling 32 classified records. Specifically, Cannon asked the special counsel and defense attorneys to write two versions of proposed jury instructions. Trump’s attorneys claim he did have that authority and have asked the judge to throw out the criminal charges. “Medical science has not yet devised an instrument which can record what was in one’s mind in the distant past,” Trump’s attorneys wrote. Cannon appeared skeptical that the charges should be outright dismissed during the hearing, but she said that Trump’s attorneys were making “forceful” arguments that may be appropriate to present to a trial jury.

Persons: Aileen Cannon, Donald Trump, Jack Smith, ” Smith’s, Cannon, Trump, ”, ’ Organizations: CNN, Presidential Records, White, ”, “, Prosecutors, Trump, National Archives, Mar Locations: Lago

☆ A global scramble to make humanoid robots is gearing up to be the 21st century's space race
▼ + stars: | 2024-03-30 | by ( Joshua Zitser | Jyoti Mann | ) www.businessinsider.com time to read: +11 min

Humanoid robots are symbols of power and technological capability, a geopolitics expert says. An incident earlier this month involving a Saudi humanoid robot inappropriately touching a female reporter might not at first seem even remotely connected. AdvertisementHumanoids are visual representations of breakthroughs in AIIn Italy, the Istituto Italiano di Tecnologia is working on iCub, a research-grade humanoid robot. AdvertisementChina wants to take the leadWhen it comes to humanoid robots, China is vying for the top spot, so it's no wonder other nations are getting nervous. "The vast magnitude of the market offers an unmatched chance to test, improve, and expand the uses of humanoid robots," he said.

Persons: —, Neil Armstrong's, Muhammad, Elie Metri, Giorgio Metta, Metta, there's, Zen Koh, Koh, Peggy Johnson, Johnson, it's, David Becker, OpenAI, Mercedes, Tesla, Julian Mueller, Kaler, Mueller, Tang Ke, Li Boyang, Will Jackson, Johannes Simon, you've, Jackson, we're, Gartner, Nvidia's, Melonee Wise, Justin Sullivan, Metri Organizations: Service, Robotics, QSS Robotics, Muhammad, Istituto, Tecnologia, European Union, Ministry of Industry, Information Technology, Fourier Intelligence, Getty, BMW, Strategic Foresight, Stimson, TIME, Beijing, Conference, Boston Dynamics, Arts, Engineered Arts, GTC, Getty Images Saudi Locations: China, Saudi Arabia, Italy, Soviet Union, Saudi, DeepFest, Riyadh, Robotics Saudi Arabia, India, Nigeria, Shanghai, Oregon, Las Vegas, Texas, Beijing, China's Liaoning Province, San Jose , California, Getty Images Saudi Arabia, QSS, Europe

☆ A glut of cheap Chinese goods is flooding the world and stoking trade tensions
▼ + stars: | 2024-03-28 | by ( Hanna Ziady | Laura He | ) edition.cnn.com time to read: +8 min

The oversupply of Chinese goods in key industries is stoking tensions between the world’s biggest manufacturer and its major trading partners, including the United States and the European Union. From clothes to carsChina’s exports of low-priced goods got a boost after it joined the World Trade Organization (WTO) in 2001. “What China exports is advanced production capacity that meets the needs of foreign customers,” Xinhua News Agency wrote. US President Joe Biden recently pledged to investigate whether imports of Chinese vehicles pose a national security threat. “But perhaps more importantly, persistent oversupply and low prices of Chinese goods will add to geopolitical tensions and keep the threat of tariffs and counter-tariffs alive,” she wrote in a recent note.

Persons: Hong Kong CNN —, ” Jens Eskelund, Xi Jinping, Huang Jingwen, ” Eskelund, Brad W, ” Markus W, Voigt, China’s BYD, Warren Buffett, Setser, Li Qiang, “, ”, Joe Biden, Jennifer McKeown, Shawn Deng Organizations: Hong Kong CNN, European Union, European Union Chamber of Commerce, Zero, of, People, China’s National Bureau of Statistics, Council, Foreign Relations, World Trade Organization, Aream Group, Tesla, Getty, China Development Forum, Xinhua, Agency, ., EV, European Commission, WTO, Capital Economics Locations: Hong Kong, United States, China, Europe, Beijing, Xinhua, China's Shandong, . Washington, Brussels

☆ Trump is a ringmaster of multiple sideshows as Biden cranks up pace of reelection bid
▼ + stars: | 2024-03-28 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

That’s a sharp contrast to Biden, who this week wrapped up his post State of the Union tour in North Carolina. The state was in Trump’s column in 2020 and 2016, but Democrats think they can seriously put it back in play. Trump was back in his former home state on Thursday, attending a wake for a fallen police officer on Long Island. It’s too early to say whether unseen work that the Trump campaign is doing to build organizations in key states is paving the way for a successful run back to the Oval Office. Biden tries to build on State of the Union performanceUnlike Trump, Biden has been campaigning in a way that leaves no doubt about the stakes of the coming election.

Persons: Donald Trump, –, Joe Biden, That’s, Biden, Bill Clinton, Barack Obama, ” Biden, Roe, Wade, Trump, ”, It’s, There’s, Nikki Haley, Jonathan Diller, Juan Merchan, Letitia James, can’t, MAGA, Kamala Harris, White, – Biden, “, Donald, Democrats –, Clinton, Obama, CNN’s MJ Lee, Donald Judd Organizations: CNN, America, Union, Trump, Republican, South Carolina Gov, Republican National Committee, RNC, Washington, Democratic, New York, Nasdaq, Intel, Democrats, Radio City Music, Israel, Hamas, Arab Locations: New York, Trump’s, North Carolina, Long, Michigan, “, Arizona, Raleigh, Biden’s, Gaza

☆ Americans have between 4 and 6 hours of leisure time daily. We just have no idea how to use it.
▼ + stars: | 2024-03-26 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +11 min

AdvertisementDespite class differences, 95% of Americans over the age of 15 engaged in some kind of leisure activity on a typical day, according to the 2022 time-use survey. But the vast majority of Americans' leisure time is spent — you guessed it — in front of the television. Watching TV is the most popular leisure activity, accounting for an average of 2.8 hours a day — more than half of all Americans' leisure time. Americans' spend more time watching TV than any other leisure activity. AlavinphotoSexism and the safety netThere is also a gendered element at play when it comes to Americans' leisure time.

Persons: —, It's, I'm, Brigid Schulte, Liana Sayer, Sayer, Sayers, Schulte, Ciara Kelly, Kelly, We're Organizations: Service, Netflix, Business, Bravo, University of Maryland's, Organization for Economic Co, Development, World Economic, US, The University of Sheffield Locations: America, France, Finland, Belgium, Italy, Germany, Spain, Japan, UK

☆ Americans have no idea how to use their free time
▼ + stars: | 2024-03-26 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +11 min

It's true that Americans are overworked, overstressed, and generally awful at unplugging from work, two time-use researchers told Business Insider. But the vast majority of Americans' leisure time is spent — you guessed it — in front of the television. Watching TV is the most popular leisure activity, accounting for an average of 2.8 hours a day — more than half of all Americans' leisure time. Americans' spend more time watching TV than any other leisure activity. AlavinphotoSexism and the safety netThere is also a gendered element at play when it comes to Americans' leisure time.

☆ Watch for potential wave of share splits as the average price of S&P 500 stock hits $160, says Strategas
▼ + stars: | 2024-03-26 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

The market may see a new wave of stock splits, creating another growth catalyst for a market that wants to keep rallying, according to Strategas. The median gain of a stock 65 days post-split is 4.1%, compared to the S & P 500's median 2.7% gain during the same period. Stock splits do not change anything fundamentally about the company, but they generally make shares more attractive to the retail trader because of lower prices. Here are the highest-priced stocks in the S & P 500 that Strategas thinks investors could benefit from if they split. Another name on the list, pharmaceutical giant Eli Lilly , last announced a 2-for-1 stock split in September 1997.

Persons: Jason Trennert, Trennert, Strategas, Jensen Huang, CNBC's Jim Cramer, Eli Lilly Organizations: Micro Computer, Nvidia, Broadcom, Costco Wholesale

☆ 5 of Anne Hathaway's best looks this year and 3 that missed the mark
▼ + stars: | 2024-03-25 | by ( Amanda Krause | ) www.businessinsider.com time to read: +1 min

Anne Hathaway has become as recognized for her fashion as she has for her acting. But she's also worn a few looks that have missed the mark this year. 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 . AdvertisementHere are her best looks of the year and a few that missed the mark.

Persons: Anne Hathaway, she's, —, Erin Walsh, Versace, Donatella Versace, Hathaway Organizations: Service

☆ Lisa Murkowski, done with Trump, won’t rule out leaving GOP
▼ + stars: | 2024-03-24 | by ( Manu Raju | ) edition.cnn.com time to read: +3 min

ET and 11 a.m. ET.Sen. Lisa Murkowski, aghast at Donald Trump’s candidacy and the direction of her party, won’t rule out bolting from the GOP. “I wish that as Republicans, we had … a nominee that I could get behind,” Murkowski told CNN. “I certainly can’t get behind Donald Trump.”The party’s shift toward Trump has caused Murkowski to consider her future within the GOP. As the tea party rose in 2010, Murkowski was at sharp odds with the insurgent right-wing of her party. In the 2024 cycle, Murkowski – along with Republican Sen. Susan Collins of Maine – offered a late endorsement of former South Carolina Gov.

Persons: Sen, Lisa Murkowski’s, Manu Raju ”, Lisa Murkowski, aghast, Donald Trump’s, Trump, “, ” Murkowski, Donald Trump, Murkowski, Let’s, Murkowski hasn’t, Frank Murkowski, George W, Bush –, Ted Stevens, John McCain’s, Sarah Palin, Republican Joe Miller, Brett Kavanaugh, Ketanji Brown Jackson, Mitch McConnell, Republican Sen, Susan Collins, Maine –, Nikki Haley, ” Organizations: GOP, Alaska Republican, CNN, Trump, Republican, ”, Alaska Gov, Senate, Senate GOP, South Carolina Gov Locations: Alaska

☆ A notorious stock-market bear who called the 2000 and 2008 declines warns that conditions are 'consistent with the risk of an abrupt air-pocket, panic, or crash' — and the S&P will fall 50%-70%
▼ + stars: | 2024-03-23 | by ( William Edwards | ) www.businessinsider.com time to read: +7 min

Hussman FundsThese levels indicate the S&P 500 is likely to return around -5% annualized over the next 12 years, according to Hussman's math. AdvertisementBy the time the current market cycle bottoms out, the S&P 500 could well have fallen by 50%-70%, Hussman said. He predicted in 2000 that the S&P 500 would likely see negative total returns over the following decade, which it did. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 33% over the past year.

Persons: —, John Hussman's, Hussman, he's, we've, Jeremy Grantham, Grantham, There's, David Rosenberg, Merrill Lynch's, Gary Shilling Organizations: Service, Hussman Investment Trust, Business, Exchange, Federal Locations: Miami

☆ Opinion | Will A.I. Take All Our Jobs? This Economist Suggests Maybe Not.
▼ + stars: | 2024-03-22 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

Let’s say for now that the day comes when robots and artificial intelligence can outperform human beings at every conceivable job, from waxing floors to waxing eyebrows to waxing philosophical at a lectern. “It’s very possible that regular humans will have plentiful, high-paying jobs in the age of A.I. dominance — often doing much the same kind of work that they’re doing right now,” he wrote Sunday on his Substack. I ran Smith’s argument by several economists who think a lot about these issues, and they were skeptical. But there’s so much pessimism around the future of work these days that Smith’s take comes as a welcome ray of sunshine.

Persons: Noah Smith, “, ”, Smith, Martha Stewart Organizations: Revolution

☆ Unilever: Ben & Jerry’s and Magnum will form the core of an $8 billion ice cream company
▼ + stars: | 2024-03-19 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —The world’s biggest ice cream business is about to go it alone. The newly minted firm will boast five of the 10 best-selling ice cream brands worldwide, namely Magnum, Ben & Jerry’s, Breyers, Walls and Cornetto. “The future growth of Unilever and ice cream is best served by separating the business,” Unilever CEO Hein Schumacher told journalists. Philippe Wojazer/ReutersThe origins of Unilever’s ice cream business can be traced back to the summer of 1913, when Thomas Wall started selling ice cream from his family butcher shop in London. But its ice cream sales took a hit last year as cash-strapped consumers cut back on non-essential spending.

Persons: Jerry’s, “, Hein Schumacher, ” Schumacher, Miko Carte, Philippe Wojazer, Thomas Wall, Matt Britzman, Hargreaves, ”, —, Schumacher Organizations: London CNN, Unilever, ” Employees, Schumacher Locations: Saint, France, London, €

☆ Judge delays Trump hush money trial in New York
▼ + stars: | 2024-03-15 | by ( Lauren Del Valle | Jeremy Herb | ) edition.cnn.com time to read: +3 min

CNN —The judge overseeing Donald Trump’s criminal hush money trial in Manhattan has agreed to delay its start, injecting more uncertainty into the legal calendar for the former president. A new trial date is yet to be determined, but is not likely before mid-April. The court will set the new trial date, if necessary, when it rules on Defendants motion following the hearing,” the judge added. Trump’s attorneys had asked to delay the trial by 90 days – or dismiss the case entirely – over recent records productions in the last 10 days from federal prosecutors. The district attorney’s office blamed Trump’s team for the late production of material, noting that it did not subpoena the US attorney’s office until January.

Persons: Donald, Alvin Bragg’s, Juan Merchan, ” Merchan, Elie Honig, Merchan, ” Honig, “, Trump, reimbursements, Michael Cohen, Stormy Daniels, Trump’s Organizations: CNN, Manhattan, Attorney’s Office, Trump, Department of Justice, US, Office, Southern, of Locations: Manhattan, Trump, of New York

☆ Healthcare deals are picking up as VCs finally reopen their wallets. Here's what they are betting on.
▼ + stars: | 2024-03-14 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +6 min

Investors aren't anticipating healthcare funding to surge to anything resembling 2021 levels this year, and fewer deals could mean shutdowns for many companies running low on cash. Multiple healthcare startups have announced raises this year at Series B and beyond. Investors said there's now a higher bar for which startups get venture funding compared to 2021, however. Exits and shutdowns aheadWhile a number of biotech startups have jumped into the public markets already this year, the IPO window for healthcare startups has remained firmly shut. Still, many investors are optimistic that a few healthcare startups will test the waters later this year.

Persons: Anargha Vardhana, There's, they're, Christina Farr, haven't, Richard Drury, Scott Barclay, Shiv Rao, Vardhana, there's, Farr, Sara Choi, Ritankar Das, Supriya Jain, Jain, Barclay Organizations: Business, Insight Partners, Investors, Entrepreneurs, Wing Venture Capital, Boston Consulting Locations: orthopedics

☆ Trump's NY hush money trial may be delayed a month or more by a last-minute evidence feud: court docs
▼ + stars: | 2024-03-14 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Trump's felony hush money trial had been scheduled to begin March 25 in Manhattan. Talk of delay was triggered by federal prosecutors producing 73,000 pages of long-awaited evidence. AdvertisementDonald Trump's felony hush money trial, long scheduled to begin March 25, may be delayed by a month or longer due to federal officials' last-minute production of 73,000 pages of evidence concerning their 2018 prosecution of Michael Cohen. The defense has only dragged its feet in seeking the same evidence, prosecutors said. The assistant prosecutor blamed the late, ongoing evidence dump — and the resulting need for a delay — on federal prosecutors and the Trump defense.

Persons: —, Donald, Michael Cohen, Juan Merchan, Attorney Alvin Bragg, Todd Blanche, Blanche, Trump, Matthew Colangelo, Colangelo, Cohen —, Cohen, Donald Trump, Eduardo Munoz, Joe Raedle, Stormy Daniels, Daniels, Melania Trump, Barron Trump, Merchan Organizations: Prosecutors, Service, Manhattan, New, Defense, Trump, Attorney, US, Trump fixer, REUTERS, US Attorney's Office Locations: Manhattan, tranches, Lake Tahoe

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