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☆ Starbucks' plan for stock gains includes more than just discounts and value combos
▼ + stars: | 2024-07-07 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

He needs to execute better," Jim Cramer stressed, referring to Starbucks CEO Laxman Narasimhan, during the Investing Club's June Monthly Meeting . Then in mid-June, Starbucks launched its limited-time "Pairings Menu," which includes a $5 coffee-and-croissant combo and a $6 coffee-and-breakfast-sandwich deal. Order up Jefferies' Barish also raised questions about Starbucks' menu innovations, arguing its updated drink options are not driving sales as much as hoped. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: it's, Jim Cramer, Laxman Narasimhan, Jim, Rachel Ruggeri, Burger King, Jefferies, Andy Barish, Barish, TD Cowen, Cowen, Edward Lewis, Lewis, they're, Narasimhan, Ruggeri, Berry, Long, We've, Jim Cramer's, Spencer Platt Organizations: Starbucks, Taco Bell, Street, CNBC, Getty Locations: North America, Israel, Gaza, China, Burger, Manhattan, New York City

☆ Martin Stolar, Lawyer Who Fought for Social Justice, Dies at 81
▼ + stars: | 2024-07-07 | by ( Trip Gabriel | ) www.nytimes.com time to read: 1 min

Martin R. Stolar, a prominent civil rights lawyer who in the early 1970s defended war resisters and inmates who rebelled at Attica prison, as well as initiating a landmark case restraining the New York Police Department from spying on left-wing activists, died on July 1 in Manhattan. His wife, Elsie Chandler, said he died in a hospital after suffering heart failure while awaiting surgery for a broken hip. Mr. Stolar was one of a generation of idealistic lawyers who, inspired by the civil rights and anti-Vietnam War movements, forsook lucrative careers to lend their expertise to social justice causes. “He had a practice that not only defended needy people, it propelled social movements,” said Franklin Siegel, a Distinguished Lecturer at the City University of New York School of Law, who knew Mr. Stolar for nearly six decades.

Persons: Martin R, resisters, Elsie Chandler, Stolar, ”, Franklin Siegel Organizations: New York Police Department, City University of New York School of Law Locations: Attica, Manhattan, Vietnam

☆ Trump's hush-money sentencing will still happen in September despite his new immunity superpowers, New York legal experts predict
▼ + stars: | 2024-07-07 | by ( Laura Italiano | ) www.businessinsider.com time to read: +12 min

It could help former President Donald Trump's hush-money conviction survive the US Supreme Court immunity opinion. Trump's lawyers are about to file what's known as a 330.30 motion to set aside the verdict. The Supreme Court presidential immunity opinion bars official-act evidence. US Supreme Court/BITrump's lawyers now say there were at least four times that the judge improperly let Manhattan prosecutors show official-act evidence to the jury. Trump's hush-money conviction appeal will take years and could even lead back to the US Supreme Court.

Persons: —, Donald Trump's, SCOTUS, Juan Merchan, he'll, John Moscow, Lewis Baach Kaufmann Middlemiss, It's, Donald Trump, Michael Cohen, Stormy Daniels, Trump, Cohen, Carlos Barria Trump, Diana Florence, Florence, Donald J, Hope Hicks, Andrew Harnik Trump, Joshua Steinglass, he's, Hicks, Said Florence, Charles Solomon, Solomon, Thomas Franczyk, Merchan, Trump's, Moscow, Justice Clarence, Thomas, Cannon, Aileen Cannon Organizations: Service, Business, New, Trump, Trump Organization, Attorney's, BI Trump, White House, White House Communications, AP, Prosecutors, Manhattan, BI Locations: York, Manhattan, New York, Moscow, Florence, Buffalo, Erie County, Florida

☆ How a Last-Ditch Effort to Save Menendez From Prosecution Backfired
▼ + stars: | 2024-07-07 | by ( Benjamin Weiser | ) www.nytimes.com time to read: +1 min

Last September, a prominent white-collar defense lawyer met with federal prosecutors in Manhattan in a last-ditch effort to stave off an indictment against his client. In the meeting, the lawyer, Abbe D. Lowell, used a PowerPoint presentation to convey explanations for certain financial payments that were under scrutiny by the government. It was a moment of great risk and potential peril for Mr. Menendez — and the effort failed. Less than two weeks later, prosecutors announced an indictment charging the senator and his wife, Nadine Menendez, with conspiring to accept thousands of dollars in bribes in exchange for political favors. The government has made it clear that Mr. Lowell, who represented Mr. Menendez only during the investigation and not afterward, engaged in no wrongdoing.

Persons: Robert Menendez, Abbe D, Lowell, Menendez —, Nadine Menendez, ”, Menendez Organizations: Robert Menendez of New, U.S, Southern, of Locations: Manhattan, Robert Menendez of, Robert Menendez of New Jersey, of New York

☆ In Manhattan Real Estate, Cash Is Everything
▼ + stars: | 2024-07-06 | by ( Ronda Kaysen | Ella Koeze | ) www.nytimes.com time to read: 1 min

Across the country, buying a home in cash is increasingly common. In April, buyers paid entirely in cash for 64 percent of the homes sold in Manhattan, according to Marketproof, a provider of New York City real estate data. In contrast, cash buyers accounted for 39 percent of April sales in large U.S. metro areas, according to ATTOM, which provides national real estate data. (Manhattan was a similar outlier even within New York City.) In New York, “cash buyer” might bring to mind an oligarch who parks millions in a palatial apartment that sits empty most of the year.

Persons: it’s Organizations: New York, New York Times Locations: Manhattan, New, New York City, U.S, New York

Shannon Penney, 37, New York City Recently finished her first year as a registered nurse making $120,000 a year. Has built up robust savings, but costs for her dog and mental health care can still squeeze her budget. New job has given her a window into the inequalities of the health care system. Primary source of income: Working full-time as a registered nurse at NewYork-Presbyterian Hospital making $120,000 annually. Budget pain points: Penney said her mental health care costs have gone up since she switched to nursing.

Persons: Shannon Penney, Penney, ”, “, ” Shannon Penney, —, — Penney, she’d, She’s, Roth, Bankrate, ’, ” Penney Organizations: NBC, Presbyterian, Weill Cornell Medical Center, Presbyterian Hospital, Federal Reserve, Deloitte Locations: New York City, NewYork, Manhattan, ”, Westchester , New York

☆ Menendez Defense Rests Without Senator Testifying
▼ + stars: | 2024-07-03 | by ( Benjamin Weiser | Tracey Tully | ) www.nytimes.com time to read: 1 min

After calling just four witnesses, lawyers for Senator Robert Menendez of New Jersey rested their case late Wednesday afternoon in Manhattan federal court, setting the stage for jurors to begin deliberations in his international bribery conspiracy trial early next week. Mr. Menendez, 70, said that he decided against testifying in his own defense for two primary reasons. The government, he said, had not proved its case, and he did not want to give prosecutors an opportunity to rehash the charges twice — once on cross-examination and again in closing arguments. That was “simply not something that makes any sense to me whatsoever,” Mr. Menendez said as he left the courthouse after proceedings ended for the day.

Persons: Robert Menendez, Menendez, —, ” Mr Organizations: Robert Menendez of New Locations: Robert Menendez of, Robert Menendez of New Jersey, Manhattan

☆ Manhattan real estate showing signs of becoming a buyer's market
▼ + stars: | 2024-07-03 | by ( Robert Frank | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailManhattan real estate showing signs of becoming a buyer's marketCNBC's Robert Frank joins 'Money Movers' to discuss the surging interest in homebuyer's setting their search in Manhattan.

Persons: Robert Frank Locations: Manhattan

☆ Instacart shoppers are using the app's 'reorder items' button to see how much grocery prices increased over the years
▼ + stars: | 2024-07-03 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

And while few shoppers would save their old grocery receipts, using apps like Instacart keep your order history for years. Now, some customers are using those past orders to discover inflation's highly personal impact on them. AdvertisementIn a video on TikTok, White shared his experience using Instacart's "reorder items" function, explaining how a $35 order skyrocketed to more than $62 in the past five years. (Several commenters suggested this was due to the app replacing some out-of-stock items with more expensive offerings from third-party sellers.) White told BI the response to his video, which has nearly a million views, has been very polarized.

Persons: —, White, Manhattan —, It's, Andy Kiersz Organizations: Service, Business, Walmart, Pepsi Locations: Virginia, Los Angeles and New York City, Gelson's, LA, Wegman's, Manhattan

With New York's congestion pricing plan indefinitely delayed, traffic into Manhattan this summer is set to be gridlocked as usual. But travelers staying in some of the city's top luxury hotels can avoid the highways altogether. Announced Tuesday, Marriott International Luxury Group is providing free helicopter transfers from John F. Kennedy International Airport and Newark Liberty International Airport from July 1 to Sept. 2. The transfers can reduce transportation time from the airports into Manhattan to as little as five minutes, the company said. The flights, operated by the urban air mobility company Blade, are available for guests staying at least two nights in one of the six Manhattan hotels:The St. Regis New York JW Marriott Essex House New York W New York - Union Square The New York EDITION The Ritz-Carlton New York, NoMad The Luxury Collection Hotel Manhattan MidtownHelicopter transfers land at one of two helipads in Manhattan: Blade Lounge East on East 34th Street or the newer Blade Lounge West on West 30th Street, where a car service waits to drive guests to their hotels.

Persons: John F Organizations: Marriott, Kennedy International Airport, Newark Liberty International Airport, Regis New, Regis New York JW Marriott, Regis New York JW Marriott Essex House, Union, The, Carlton New, Helicopter, East, West Locations: Manhattan, St, Regis, Regis New York, Regis New York JW Marriott Essex, York, Carlton New York

☆ US judge’s financial conflict leads to revived lawsuit against big banks
▼ + stars: | 2024-07-02 | by ( ) edition.cnn.com time to read: +2 min

A US appeals court threw out the dismissal of an antitrust lawsuit accusing 10 large banks of overcharging investors on corporate bonds, saying the trial judge should have been recused because his wife owned stock in one of the banks. Liman, an appointee of former President Donald Trump, was assigned the lawsuit in April 2020 and dismissed it with prejudice in October 2021, three months after his wife sold $15,000 of Bank of America stock. The banks said Liman’s failure to uncover his conflict didn’t require recusal or reviving the case. But the appeals court found a “legitimate risk” that similar violations could undermine public confidence in the judicial process. US Supreme Court Chief Justice John Roberts highlighted in his 2021 annual report on the judiciary a need for judges to be vigilant about financial conflicts.

Persons: Judge Lewis Liman “, ”, Liman, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Wells, Donald Trump, Valerie Caproni, John Roberts, George Zelcs, Judge Caproni Organizations: US, Bank of America, Street Journal, Barclays, Citigroup, Credit Suisse, Deutsche Bank, JPMorgan, NatWest, ” Bank of America Locations: Manhattan, overcharging

☆ Manhattan is now a 'buyer's market' as real estate prices fall and inventory rises
▼ + stars: | 2024-07-02 | by ( Robert Frank | ) www.cnbc.com time to read: +1 min

Manhattan is becoming a buyer's market as apartment prices fell and inventory rose in the second quarter of 2024, according to new reports. The average real estate sales price in Manhattan fell 3% to just more than $2 million, according to a report from Douglas Elliman and Miller Samuel. The median price fell 2% to $1.2 million, and prices for luxury apartments fell for the first time in more than a year, according to the report. The falling prices and rising number of unsold apartments in Manhattan stand in contrast to the national real estate landscape, where continued tight supply continues to keep prices high. Brokers and real estate analysts say the strong prices in Manhattan post-Covid became unsustainable, and both buyers and sellers are finally capitulating to a higher interest rate environment.

Persons: Douglas Elliman, Miller Samuel, Jonathan Miller, Brown Harris Stevens Locations: Manhattan, New York City

☆ Where to Watch July 4 Fireworks Around New York City
▼ + stars: | 2024-07-02 | by ( Alyce Mcfadden | ) www.nytimes.com time to read: +1 min

Members of the public can watch free of charge from spots along Hudson River and areas of New Jersey. Other fireworks shows will take place on Staten Island, in Coney Island, in Westchester County and at Jones Beach on Long Island. The Macy’s fireworks will be launched from barges positioned on the river between West 14th and West 34th Streets. The best spots to watch from will be in Manhattan along the West Side Highway between those streets, or across the river near the New Jersey waterfront in Hoboken, Weehawken and Jersey City. There are five places where the public can enter the West Side Highway to watch the show.

Organizations: Jones, West, . Police Locations: Hudson, New Jersey, Staten Island, Coney Island, Westchester County, Long, West, Manhattan, Hoboken, Weehawken, Jersey City, Washington, Christopher

☆ Hunter Biden Sues Fox News Over a Series That Included His Nude Photos
▼ + stars: | 2024-07-01 | by ( Michael M. Grynbaum | More About Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

President Biden’s son Hunter Biden sued Fox News on Sunday, arguing that a mini-series produced by the company broke the law by sharing explicit photos and videos of him without his permission. The program, “The Trial of Hunter Biden,” which first appeared in 2022 on Fox Nation, the network’s streaming service, presented a dramatized version of a criminal trial of Mr. Biden, with fictional charges. The mini-series integrated real-life images of Mr. Biden in the nude and engaged in sex acts, imagery that was discovered on a laptop that Mr. Biden abandoned at a computer repair shop in Delaware. The law allows people to sue anyone who shares their sexually explicit photos and videos without permission. “Fox published and disseminated these intimate images to its vast audience of millions as part of an entertainment program in order to humiliate, harass, annoy and alarm Mr. Biden and to tarnish his reputation,” the lawsuit states.

Persons: Biden’s son Hunter Biden, Hunter Biden, ”, Mr, Biden, Fox, “ Fox Organizations: Fox News, Fox Nation, New York Supreme Locations: Delaware, New York, Manhattan, New York State

☆ Jill Biden could convince Joe to drop out. So far, she's vowing to fight on.
▼ + stars: | 2024-07-01 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Read previewJoe Biden's debate performance last week was, by most accounts, a disaster. But First Lady Jill Biden — possibly the only person who could convince the president to call it quits — is standing beside him. "After last night's debate, he said, 'You know, Jill, I don't know what happened. I didn't feel that great,'" Jill Biden continued, according to the Post. AdvertisementUnless Jill Biden changes her tune or Joe Biden is offered a dignified way out, it doesn't seem likely that the president will back down.

Persons: —, Joe, Jill Biden —, bungled, Thomas Friedman, Joe Biden, Biden, Hank Sheinkopf, Jill Biden, Jill, he's, David, Hunter Biden, Democratic National Convention —, there's Organizations: Service, Trump, Biden, Business, The New York Times, Times, DNC, Minneapolis, Facebook, Politico, Democratic, Guardian, The Washington Post, Vogue, Democratic National Convention Locations: Manhattan

☆ Election Updates: Democrats use the weekend to help Biden get back on track after debate.
▼ + stars: | 2024-06-30 | by ( Maggie Astor | ) www.nytimes.com time to read: +7 min

President Biden knew immediately after stepping off the stage in Atlanta on Thursday night that the debate had gone wrong. In those first stricken moments after a raspy, rambling and at times incoherent performance, he turned to his wife, Jill Biden. “I really don’t know what he said at the end of that sentence,” Mr. Trump said when Mr. Biden blundered an answer on immigration. They acknowledge her unique influence and power in his life, but they say Mr. Biden is in control of his own campaign. But as long as Mr. Biden wants to run, advisers say, she will support him.

Persons: Biden, Jill Biden, Biden’s, They’d, they’ve, doesn’t, ”, Elizabeth Alexander, —, Jill, Valerie, John Morgan, Donald J, Trump, “, Ms, Alexander, Kamala Harris, Joe, Dr, ’, you’ve, Camp David, Mr, Hunter Biden, gingerly, Joe Biden, Harriet M, Hageman, Drudge, Matt Drudge, JILL, ” Ms Organizations: Democratic, Democratic Party, “, Camp, White, Republican, Mr Locations: Atlanta, foxholes, Manhattan, Wyoming, New York

☆ Soma Golden Behr, Longtime Senior Editor at The Times, Dies at 84
▼ + stars: | 2024-06-30 | by ( Trip Gabriel | ) www.nytimes.com time to read: +1 min

Soma Golden Behr, a longtime senior editor at The New York Times who was a centrifuge of story ideas — they flew out of her in all directions — and whose journalistic passions were poverty, race and class, which led to reporting that won Pulitzer Prizes, died on Sunday in Manhattan. She was 84. Her death, in the palliative care unit of Mount Sinai Hospital, came after breast cancer had spread to other organs, her husband, William A. Behr, said. Ms. Golden Behr, whose economics degree from Radcliffe led to a lifetime interest in issues around inequality, was instrumental in overseeing several major series for The Times that examined class and racial divides. Each enlisted squads of reporters and photographers for intensive, sometimes yearlong assignments.

Persons: Soma Golden Behr, —, William A . Behr, Golden Behr, Radcliffe, ”, Gerald M, Boyd Organizations: The New York Times, Mount Sinai, The Times Locations: Manhattan, Mount, America

☆ Election Updates: Biden looks to reassure donors and supporters at events this weekend.
▼ + stars: | 2024-06-29 | by ( Chris Cameron | Simon Levien | ) www.nytimes.com time to read: +7 min

☆ At the Pride March, Finding Belonging on the Sidelines - The New York Times
▼ + stars: | 2024-06-29 | by ( Jackson Davidow | Bruce Cratsley | ) www.nytimes.com time to read: +1 min

The annual conversations around Pride marches, both in New York City and across the country, often focus on who should — or shouldn’t — be included. While these are crucial debates, they often mean that, paradoxically, what gets lost is a discussion of belonging in a broader sense. Pride retains its importance precisely because it gives the L.G.B.T.Q. A trove of photographs that elegantly capture Pride in all its inclusive intimacy, focusing not only on the marchers but on the crowds reveling from the sidelines, illuminates how powerful that element can be. “From the beginning,” Mr. Cratsley wrote, “I was excited by the parade’s exotic, somewhat chaotic sexiness and joy.

Persons: Bruce Cratsley, ” Mr, Cratsley, “ Organizations: Pride, Chevron, West 29th Street Locations: New York City, San Francisco, Israel, Houston, Manhattan

☆ The 10 U.S. places with the highest cost of living—No. 1 costs more than double the national average
▼ + stars: | 2024-06-29 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

The cost of living in Manhattan is more than twice the national average. The second- and third-most expensive places are Honolulu and San Jose, California, but in comparison, they are much more affordable. That's according to the Council for Community and Economic Research's Cost of Living Index, which measures regional price differences for everyday goods and services in 271 urban areas in the U.S. A composite score of 100 is the national average, and any score higher than 100 is above average. Data for the Cost of Living Index was collected from Jan. 1, 2024, through March 31, 2024.

Persons: isn't, That's Organizations: —, Council for Community, U.S, New, Angeles, CNBC Locations: New York, Manhattan, U.S, Honolulu, San Jose , California, Jose, Jose , California, Francisco, York, Brooklyn, Orange County , California, Long, Queens, Washington, Boston, New York City, Decatur , Illinois

☆ The 84-Year-Old Visionary With One Answer for Two Real Estate Crises
▼ + stars: | 2024-06-28 | by ( William Falk | ) www.nytimes.com time to read: +1 min

When Liberty Tower went up for sale in Manhattan’s financial district in 1978, there was only one bidder for the 33-story skyscraper. The building was dated and dilapidated, and even though rent had plunged to $5 a square foot, it was two-thirds vacant. New York City itself had tumbled into a downward spiral after a severe fiscal crisis and a deep recession. “The financial district was failing. Liberty Tower was the first major residential conversion of an office building in New York’s financial district.

Persons: Joseph Pell Lombardi, ” Mr, Lombardi, Nobody Organizations: Liberty, New, Sinclair Oil, New York Stock Exchange, World Trade Center Locations: New York City, New York, Liberty, New

☆ Wife’s Ex-Boyfriend and Fear of Poverty at Center of Menendez’s Defense
▼ + stars: | 2024-06-28 | by ( Tracey Tully | Benjamin Weiser | ) www.nytimes.com time to read: +1 min

Senator Robert Menendez’s lawyers have cast him as a man who was duped by his dazzling wife, Nadine Menendez, and unaware of the gold bars and cash she kept in her locked bedroom closet — or the deals she made to get them. After seven weeks of trial in Federal District Court in Manhattan, prosecutors plan to rest their case on Friday, paving the way for the defense to begin offering evidence intended to poke holes in the government’s case. Mr. Menendez, 70, and Ms. Menendez, 57, are charged with taking hundreds of thousands of dollars in bribes in exchange for the senator’s efforts to steer aid to Egypt, prop up an ally’s business monopoly and disrupt criminal investigations on behalf of friends. The senator, a Democrat, is on trial, however, without his wife. A judge postponed Ms. Menendez’s trial after she was diagnosed with breast cancer.

Persons: Robert Menendez’s, Nadine Menendez, Menendez, Menendez’s Organizations: Federal, Court, Democrat Locations: Manhattan, Egypt

Climate control activists are led away by the NYPD after being detained outside the global headquarters of Citigroup in New York City, U.S., June 28, 2024. REUTERS/Kent J. Edwards Purchase Licensing Rights New Tab , opens new tabItem 1 of 6 Climate control activists are led away by the NYPD after being detained outside the global headquarters of Citigroup in New York City, U.S., June 28, 2024. REUTERS/Kent J. EdwardsCompanies Company Citigroup Inc FollowJune 28 (Reuters) - Dozens of climate activists were arrested after protesting at Citigroup's (C.N) New Tab , opens new tab headquarters in New York on Friday as part of what they called a "Summer of Heat" campaign. The activists expected more than 1,000 people to participate in the demonstration, according to a statement ahead of the protest. New Tab , opens new tabSave Share XFacebookLinkedinEmailLink Purchase Licensing Rights

Persons: Kent J, Roishetta Ozane, Burns, summonses, Makailah Gause, Jacqueline Wong, Lananh Nguyen, Leslie Adler Organizations: NYPD, Citigroup, REUTERS, Edwards Companies Company Citigroup, Police, New York City Police Department, Citi, Reuters, Thomson Locations: New York City, U.S, New York, Manhattan, Citi's, New

☆ Opinion: The real loser in the first presidential debate
▼ + stars: | 2024-06-28 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +28 min

CNN —CNN Opinion asked political contributors to weigh in on the first presidential debate of the 2024 race. On the other hand, President Joe Biden did not meet expectations and may have increased concerns about his age and ability to lead for another four years. Debates are always more about style than substance, and President Joe Biden’s style was simply awful. Did President Joe Biden come off as a leader or a loser? And yes, the visuals in this first presidential debate of the cycle were phenomenally important.

Persons: Ana Marie Cox, Joe Biden’s, Donald Trump, Biden, Ana Marie Cox Faith Fonseca, Trump, mumbling, I’m, Shermichael Singleton, Joe Biden, Paul Begala, ” “, ” Paul Begala, meandered, —, Republicans — Biden, Bill Clinton’s, Clinton, Jeff Yang, Jeff Yang CNN, — Biden, Joe, Bruce, ”, “, ” Patrick T, Brown, Biden’s, Dobbs, Roe, Wade, Patrick T, CNN’s Dana Bash, David Mark, there’s, Kamala Harris, Harris, Nikki Haley, ” Geoff Duncan, Geoff Duncan Alex Slitz, Geoff Duncan, Peter Bergen, Abu Bakr al, General Qassem Soleimani, It’s, ” Susanne Ramirez de Arellano, Susanne Ramirez de Arellano Frank Moya, Biden “, ” Trump, Susanne Ramirez de Arellano, Roxanne Jones, Democrats — Biden, Nobody, Jones, Lanhee J, Chen, Chen Lanhee J . Chen, David, Diane Steffy, Romney, Ryan Organizations: CNN, Democratic Party, Biden, Trump, “, Global, Democrats, ” Paul Begala CNN, Republicans, Democratic, sonics, Public Policy Center, Economic, Republican, South Carolina Gov, Democratic National Convention, Washington, Peter Bergen CNN, US Border Patrol, ISIS, Islamic, Guards, Force, Walmart, New America, Capitol, New, Arizona State University, Social Security, Medicare, UCLA, Politics Initiative, America, Tonight, Univision Puerto Rico, ESPN, New York Daily News, Philadelphia Inquirer, Public Policy, Hoover Institution Locations: Texas, Austin, America, Asian America, Washington , DC, bravura State, Canada, Abu, Uzbek, Manhattan, El Paso , Texas, New America, United States

☆ Prosecutors in Menendez Bribery Trial Rest Their Case
▼ + stars: | 2024-06-28 | by ( Benjamin Weiser | Tracey Tully | ) www.nytimes.com time to read: +1 min

After seven weeks of trial, federal prosecutors rested their case on Friday against Senator Robert Menendez, a New Jersey Democrat accused of conspiring to take hundreds of thousands of dollars in gold, cash and other bribes in return for the senator’s willingness to dispense political favors at home and abroad. Defense lawyers are expected to begin calling witnesses next week in Federal District Court in Manhattan. Throughout the trial, lawyers for Mr. Menendez, who has vigorously maintained his innocence, have aggressively cross-examined a parade of government witnesses, seeking to undermine their credibility. “The government hasn’t proven its case,” Mr. Menendez said as he left the courthouse on Friday. The conclusion of the government’s case comes nine months after Mr. Menendez, his wife and several New Jersey businessmen were first charged with participating in a vast bribery conspiracy that prosecutors say began in 2018.

Persons: Robert Menendez, Menendez, Mr Organizations: New, New Jersey Democrat, Defense, Federal, Court Locations: New Jersey, Manhattan, Jersey

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