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☆ Roche alleges counterfeit diabetes medical devices were sold on Amazon
▼ + stars: | 2024-06-10 | by ( Scott Zamost | ) www.cnbc.com time to read: +4 min

Roche Diabetes Care Inc. Accu-Chek brand glucose test strips are arranged for a photograph in the Brooklyn borough of New York, U.S., on Thursday, April 4, 2019. Roche , one of the world's largest biotech companies, said "dangerous counterfeits" of its diabetes medical devices ended up for sale on Amazon to be bought by patients throughout the United States. "Patients know that Roche's Accu-Chek medical devices are safe, sterile and accurate," the complaint said. After the suit was filed, a judge granted Roche's request for a temporary restraining order to stop the defendants from selling the counterfeit products. The complaint was filed on behalf of Roche Diabetes Care Inc., Roche Diabetes Care GmbH and Hoffmann-La Roche Inc, by attorneys with the New York-based law firm Patterson Belknap Webb & Tyler.

Persons: Roche, Patterson Belknap Webb, Tyler, Dileep Kumar Yadav, Abhishek Jain, Ratnakar Sharma, Atikur Rahman Organizations: Roche Diabetes Care Inc, Amazon, CNBC, Roche Diabetes Care GmbH, Hoffmann, Roche Inc, New, JMD Enterprises, JMD, JMD International Locations: Brooklyn, New York, U.S, United States, India, New York City

☆ It's showtime for Apple, and we're expecting news on its AI plans and a big partnership
▼ + stars: | 2024-06-10 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're giving a preview of what to expect at Apple's annual event . The big storyApple's AI unveilingApple CEO Tim Cook at the Worldwide Developers Conference in 2023. Josh Edelson/AFP Getty ImagesApple kicks off its big event today from a unique spot: behind. AdvertisementBut when CEO Tim Cook takes the stage for his keynote address this afternoon, it'll be about catching up with Apple's fellow Big Tech peers. It wouldn't be the first time Apple announced a deal with a fellow tech company that has massive implications , writes BI's Hasan Chowdhury.

Persons: —, Larry Connor, Tim Cook, Josh Edelson, Insider's Jordan Hart, BI's Hasan Chowdhury, Monica Schipper, Nordin Catic, Tyler Le, Sam Altman, OpenAI, Apple, Satya Nadella, Altman, Alyssa Powell, Chelsea Jia Feng, Andrii Sedykh, Javier Zayas, Abanti Chowdhury, They're, Gen, isn't, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith Organizations: Service, Business, showtime, Apple, Worldwide, Developers, Big Tech, Google, Microsoft, Getty, Getty Images, Taiwan Semiconductor Manufacturing Company, Amazon Locations: India, Mexico, Burazin, New York, London

☆ Insider Today: Why we don't exercise
▼ + stars: | 2024-06-08 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +6 min

On the agenda:This story is available exclusively to Business Insider subscribers. But they don't want to have to limit their opportunity to see the world due to their sexual orientation. Oxygen/Getty Images, Abanti Chowdhury/BIGentle parenting goes bye-byeWhether you call it gentle parenting, intentional parenting, or mindful parenting, the concept remains widely the same. Father's Day sales : Time's running out to get dad a gift — check out our roundup of the best Father's Day deals for great prices on thoughtful presents. : Time's running out to get dad a gift — check out our roundup of the best Father's Day deals for great prices on thoughtful presents.

Persons: —, Rebecca Zisser, Olivia Rodrigo, Luke Combs, Megan Thee, Justin Timberlake, Emily Stewart, Taylor Swift, Derek Abella, Timo Lenzen, it's, Augustine, Abanti Chowdhury, Tyler Le, Glen Powell, Richard Linklater's, Karl Lagerfeld, Daniel Brühl Organizations: Service, Business, Europe, Netflix, Father's Locations: Florida, Europe, St, Augustine , Florida, Spain, The Florida

☆ Hiking family discovers rare T. rex fossil
▼ + stars: | 2024-06-07 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

Now, the museum has unveiled what it calls “Teen Rex,” a rare juvenile T. rex skeleton, one of only a handful in existence. We had cameras rolling while it was happening.”The dinosaur-discovering family returns to the site in July 2023 for the excavation, including (clockwise from upper left) Sam Fisher, Emalynn Fisher, Danielle Fisher, Liam Fisher, Kaiden Madsen and Jessin Fisher. A lower jaw of the T. rex skeleton is uncovered during the 11-day excavation. Courtesy Denver Museum of Nature and Science“That’s been a fiercely fought out debate, the Nanotyrannus versus Tyrannosaurus Rex,” Lyson said. “Tyrannosaurus isn’t common and juvenile dinosaurs are incredibly rare, so young T. rex are the rarest of the rare,” he said.

Persons: Liam Fisher, Sam Fisher, Jessin, Liam, Kaiden Madsen, hollered, Kaiden, ” Liam, “ Dad, ‘, Fisher, Tyler Lyson, “ Teen Rex, ”, Lyson, “, Emalynn Fisher, Danielle Fisher, Jessin Fisher, Hawk, Rex, That’s, Tyrannosaurus Rex, ” Lyson, It’s, Nick Longrich, Nanotyrannus, Longrich, I’ll Organizations: CNN, Denver Museum of Nature, Denver Museum of Nature &, Denver Museum of Nature & Science, University of Bath Locations: North Dakota, Denver, United Kingdom

Keep reading to learn all about the new season, including where to watch Criminal Minds: Evolution online. Where to watch Criminal Minds: Evolution in the USCriminal Minds: Evolution is available to stream on Paramount+ in the US. This is also where you can catch the previous season of Criminal Minds: Evolution, in addition to all 15 seasons of the original Criminal Minds. See at ParamountWhere to watch Criminal Minds: Evolution in AustraliaCriminal Minds: Evolution is available to stream on Disney+ in Australia. Criminal Minds: Evolution trailerParamount+ released the official trailer for the new season of Criminal Minds: Evolution in May.

Persons: Matthew Gray, Paget Brewster, Joe Mantegna, AJ Cook, Aisha Tyler, Kirsten Vangsness, Adam Rodriguez —, Zach Gilford, we've, ExpressVPN, Gilford's Elias Voit Organizations: Business, CBS, Paramount, NFL, Nickelodeon, Comedy Central, BET, MTV, Showtime, Disney, BAU Locations: Australia

☆ We're on track for a soft economic landing, but it still feels like the economy stinks
▼ + stars: | 2024-06-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at why the US economy is on track (again) for a soft economic landing . The big storyAnother economic turnaroundGetty Images; Chelsea Jia Feng/BIIt took longer than expected, but the US economy is finally on track for a soft landing. After a scary few months of economic data that had investors fearing a recession and stagflation, the tides have turned again. AdvertisementRecent data showing inflation and the labor market cooling have given hope that a soft landing is in the cards — and may even be underway — for the US economy, writes Business Insider's Madison Hoff. AdvertisementThe US economy is about to make a soft landing — a situation in which inflation cools without causing a recession or sudden spike in unemployment.

Persons: —, Chelsea Jia Feng, Insider's Madison Hoff, Arantza Pena Popo, bummed, it's, aren't, Johannes Eisele, Monica Schipper, Nordin Catic, Tyler Le Tim Cook, Cook, Jack Dorsey, Dorsey, Abanti Chowdhury, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, George Glover, Annie Smith Organizations: Service, shoplifters, Business, Fed, Johannes, Getty, OpenAI, Apple, BI, Street Journal, Comcast, New York Stock Exchange Locations: AFP, New York, London

☆ A lack of representation, careless comments and ‘racial banter’ – how British rugby is facing up to its diversity issues
▼ + stars: | 2024-06-05 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +11 min

Just ask Black rugby player and England international Sadia Kabeya, who says a lack of cultural and ethnic diversity in her sport took a toll on her identity. Representation mattersA 2020 report by Sport England showed that the participation share of White British adults in rugby union was more than 90%, 8.2% higher than the national population share. A lack of diversity in the sport in England is also reflected in the demographics of rugby audiences. Kabeya is particularly passionate about the topic of Black rugby players’ hair. Its significance runs deep, given the historical links between Black hair and identity and also resistance.

Persons: Kabeya, ”, “, ” Kabeya, Maud Muir, Lucy Packer, David Rogers, you’re, White, ” “, ” Jatin Patel, weren’t, Luther Burrell, Burrell, ” Patel, Ashton Hewitt –, –, ” Hewitt, Hewitt, Tyler Miller, Liam Scott, Scott, Mike Hewitt, Patel, George Floyd Organizations: CNN — Elite, England, CNN Sport, Rugby Football Union, RFU, Rugby, Rugby Players Association, Nations, Richmond Women, CNN, Six Nations, Getty, Loughborough Lightning, Sport England, Diversity, Daily Mail, Newcastle Falcons, Dragons, United Rugby, Leinster, rugby, Ireland, Twickenham, Pictures Locations: ”, England, London, Richmond, Wales, Dublin, Black

☆ Inside China's plan for AI: shape reality and enforce its power
▼ + stars: | 2024-06-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at China's strict approach to overseeing its AI development and the threat it poses to the world. The country's history of censorship and surveillance is extending to its approach to AI , writes Business Insider's Linette Lopez. AdvertisementThe CCP's plan for AI is about shaping reality and enforcing its power, according to internal documents. What to do ahead of May's jobs report. Permabull Tom Lee said it's a great time to buy stocks — shocking — with a new jobs report set to drop on Friday.

Persons: —, Kiran Ridley, Stringer, Getty, Tyler Le, Insider's Linette Lopez, Linette, chatbots, Jinping, Xie Huanchi, we've, Ken Griffin's, Permabull Tom Lee, it's, Stocks, Keith Gill, It's, Amazon's, Alyssa Powell, boomer, Gen, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett, Annie Smith Organizations: Service, Harvard, Business, Chinese Communist Party, of, People, Getty, Citadel Securities, BI, GameStop, Cloud, Prime, Apple, American Express, Research, Boomers Locations: China, Beijing, Xinhua, New York, London, Chicago

What Ukraine Has Lost A drone photograph shows numerous severely damaged buildings with labels highlighting residential buildings, a football field and a high school. This is the first comprehensive picture of where the Ukraine war has been fought and the totality of the destruction. More buildings have been destroyed in Ukraine than if every building in Manhattan were to be leveled four times over. In mid-May, the Russians bombed some towns in northeastern Ukraine so ferociously that one resident said they were erasing streets. “No matter how unpatriotic it may sound, there’s not much future for her in Ukraine,” Ms. Hrushkovska said.

Persons: it’s, Corey Scher, Den, Finbarr, Jamon, Diego Ibarra Sánchez, Marinka, ”, Iryna Hrushkovksa, “, Hrushkovska’s, Hanna Horban, ” Ms, Hrushkovska, ” Marinka, Celestino Arce, Tyler Hicks, Laura Boushnak, Finbarr O’Reilly, Horban, Horban’s, Vova, Svitlana Moskalevska, Olha Herus, “ Fish, Jan, Serhii Nuzhnenko, Gleb Garanich, Leonid Ragozin, Varvara, Herus’s, Tetiana, Ms, Herus, Reni, Izmail, Vavara, Varvara Hrushkovska, Hanna Kovalenko, “ It's, ” Artem Hoch, Danylo Organizations: New York Times, City University of New York Graduate Center, Den Hoek of Oregon State University, The New York Times, Copernicus Sentinel, Maxar Technologies, Google, Russia’s Defense Ministry, Ukraine ., Museum of Local, People’s Museum, Getty, Ukrainian Army, Reuters, SHEVCHENKA, SHCHORSA, New York, Kyiv Kharkiv, Ukrainian, Chernihiv Kyiv Kharkiv UKRAINE Dnipro, Kherson Mariupol, Kyiv Kharkiv UKRAINE Mariupol, Microsoft Bing, Institute for, American, The New York Locations: Ukraine, Russia, Marinka, Kyiv, Mariupol, Rubizhne, Kherson, Kharkiv, Manhattan, Dresden, London, Gaza, Den Hoek of, Geneva, Donetsk, Izium, Den Hoek, Crimea, Russian, Donetsk City, Vilkhivka, Huliaipole, “, Ukrainian, Berlin, Pavlograd, Soviet Union, NurPhoto, Kolos, Marinka — Donetsk, Donetsk People’s Republic, іі, Marinka’s, Irpin, Ukraine’s, Bakhmut, Ukrainians, Zaporizhzhia, Orikhiv, Dnipro, Nova, Oleshky, Donbas, Chernihiv Kyiv Kharkiv UKRAINE, CRIMEA, Kyiv Kharkiv UKRAINE

☆ Insider Today: Arizona's 'Beverly Hills'
▼ + stars: | 2024-06-01 | by ( Joi-Marie Mckenzie | ) 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. It's time for tech workers to transition into their summer styles. AdvertisementBI spoke with fashion experts, who gave us a tech worker's guide to summer fashion. "We Are Lady Parts": The British sitcom, about an all-female Muslim punk rock band called Lady Parts, returns for its second season on Peacock. The British sitcom, about an all-female Muslim punk rock band called Lady Parts, returns for its second season on Peacock.

Persons: —, Hollis Johnson, Samantha Lee, Let's, Jason Guerrasio, Jason, Mark, Jeff Bezos, Tyler Le, Sara Dubnow, Alyssa Powell, she's, Joey Haden, Eric, Benedict Cumberbatch, Peacock Organizations: Service, Business, MoviePass, Big Tech, Scottsdale BI's, Silverleaf, Netflix, 7M Films Locations: Los Angeles, Scottsdale, Silverleaf

When a Russian soldier appeared outside 98-year-old Lidiia Lomikovska’s shattered home in eastern Ukraine in late April, the first thing he did was shoot and kill the family dog. “What have you done?” her daughter-in-law, Olha, 66, shouted at the Russian. “He was protecting me.”“Now, I will protect you,” he told her, Olha recalled in an interview. Ms. Lomikovska — who lived through a famine orchestrated by Stalin that killed millions in the 1930s and the German occupation of her town, Ocheretyne, during World War II — said she did not know why her life has been bracketed by sorrow. But when war once again arrived at her doorstep, she knew she did not want to live under the “protection” of Russia.

Persons: Lomikovska’s, ”, Olha, Lomikovska —, Stalin, — Locations: Russian, Ukraine, Ocheretyne, Russia

☆ Trump is a convicted felon. Here's what it means for the former president.
▼ + stars: | 2024-05-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the historic guilty verdict against former President Donald Trump . In a historic verdict, former President Donald Trump was convicted of all 34 criminal counts related to a hush-money payment made to a porn star , write Business Insider's Laura Italiano, Jacob Shamsian, and Natalie Musumeci. AdvertisementIt's the first time a US president has become a convicted felon. This was a rigged trial by a conflicted judge that was corrupt," Trump told reporters in the Manhattan courtroom hallway. Trump told reporters Thursday the "real verdict is going to be November 5 by the people."

Persons: —, Donald Trump, Tyler Le, Laura Italiano, Jacob Shamsian, Natalie Musumeci, Trump, Stormy Daniels, BI's Lloyd Lee, There's, didn't, Chip Somodevilla, Scott Eisen, Joe Biden, Alyssa Powell, Rob Arnott, Bob Elliott, Paul Singer's, Jane Street, Jenny Chang, Rodriguez, Liz Reid, Satya Nadella, Sam Altman, Nadella, Kevin Dietsch, Charles Schwab, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Republican, Trump, NBC, Getty, Wall, Elliott Management, BI, Tech, Sigma, Google, Microsoft, Apple, Big Locations: Giza, Manhattan, Bridgewater, New York, London

Citi, meanwhile, initiated Lionsgate Studios with a buy rating. JPMorgan did lower its price target on Viasat to $23 per share from $30. The analyst reiterated his buy rating, noting that AI adoption is still in the early stages. The bank initiated coverage of the TV and movie studio with a buy rating. Its price target of $14 implies upside of more than 73% from Thursday's close.

Persons: Felix Liu, — Lisa Kailai Han, Sebastiano Petti, Petti, — Jesse Pound, Oppenheimer, Tyler Batory, Batory, — Hakyung Kim, Wynn, Vitaly Umansky, WYNN, Umansky, Wolfe, Eddie, Bill Carrache, Dell Dell, Wamsi Mohan, Dell, Mohan, Goldman Sachs, Michael Ng, Ng, Morgan Stanley, we're, Erik Woodring, Woodring, Jason Bazinet, LION, COVID, Fred Imbert Organizations: CNBC, Dell Technologies, Lionsgate Studios, Citi, UBS, JPMorgan, Viasat, Homes, Wynn Resorts, Seaport Research Partners, Wolfe Research, Third Bank Regional, Dell, Bank of America, DELL, Lionsgate Entertainment, Starz Locations: Bilibili, China, Viasat, Macau, Las Vegas, Vegas, Wall, Thursday's

☆ Analysis: Trump conviction heralds a somber and volatile moment in American history
▼ + stars: | 2024-05-31 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

“Today’s verdict does not change the fact that the American people face a simple reality,” said campaign communications director Michael Tyler. Convicted felon or not, Trump will be the Republican nominee for president,” Tyler said. Supporters hold placards and flags following the announcement of the verdict in Trump's criminal trial. Or, the guilty verdict could play into Biden’s campaign theme that his predecessor is too corrupt and extreme to serve as president again. In another age, a guilty verdict would have immediately ended Trump’s campaign.

Persons: Donald Trump’s, ” Trump, foreperson, Trump, “, Joe Biden’s, ”, Michael Tyler, Donald Trump, ” Tyler, he’s, he’ll, he’d, jubilation, He’s, Biden, Andrew Kelly, ignominy, Timothy Naftali, ” Naftali, Stormy Daniels, —, Attorney Alvin Bragg, Prosecutors, Michael Cohen, Todd Blanche, CNN’s Kaitlan Collins, Eric Trump, Justin Lane, Elise Stefanik, Joe Biden, ” Stefanik, Mike Johnson, South Carolina Sen, Lindsey Graham, ” Graham, Larry Hogan, who’s, ” Hogan, Chris LaCivita, hasn’t Organizations: CNN, Trump Tower, Republican, Republican National Convention, Reuters, Trump, Manhattan, Attorney, Manhattan Criminal, New York, GOP, ”, Louisiana Republican, Senate, “ Locations: United States, New York, York, America, South Carolina

☆ Biden remains silent after Trump verdict, but his campaign underlined the brutal months ahead of the election
▼ + stars: | 2024-05-30 | by ( Brent D. Griffiths | Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

"We respect the rule of law, and have no additional comment," White House Counsel's Office spokesperson Ian Sams said in a statement to the White House press pool. Politico reported that last year, Biden directed the White House, the Democratic National Committee, and his reelection campaign to largely avoid commenting on Trump's legal cases. Advertisement"We're not here today because of what's going on over there," Biden campaign communication director Michael Tyler told reporters, according to the Associated Press. AdvertisementThe verdict comes just weeks before Trump and Biden square off in history's earliest televised major presidential debate. It is almost certain that Trump's legal issues will come up again there.

Persons: —, Joe Biden, Biden, Donald Trump's, Ian Sams, Donald Trump, Michael Tyler, Trump, I've, Donald, Robert De Niro Organizations: Service, White, Business, Counsel's, White House, Republican, Trump, Politico, Democratic National Committee, Union, Capitol, Biden, Associated Press, Top Republicans, Trump . Polling, Voters Locations: Donald Trump's Manhattan, Manhattan, Fulton County , Georgia, mugshot, history's

☆ Biden, Democrats react to Trump's guilty verdict: 'No one is above the law'
▼ + stars: | 2024-05-30 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

The Biden campaign wasted no time slamming former President Donald Trump and making a plea for campaign donations, minutes after the guilty verdict in Trump's New York hush money trial. "In New York today, we saw that no one is above the law," Biden campaign spokesman Michael Tyler said in a statement on Thursday evening. The Biden campaign echoed that statement on social media with a link to the Democratic incumbent's donation page. "Despite his efforts to distract, delay, and deny — justice arrived for Donald Trump all the same," Rep. Adam Schiff, D-Ca., said in a post on X. After the verdict, Trump denounced the trial as "rigged" and a "witch hunt" that he falsely claimed had been ordered by President Joe Biden.

Persons: Donald Trump, Joe Biden, Giorgia Meloni, Biden, Michael Tyler, Tyler, Ian Sams, Trump, Joe Biden's, Adam Schiff Organizations: Trump Organization, Court, Italy's, White, Trump, Democratic, Counsel's, Capitol Locations: New York, Manhattan, New York City, U.S, Washington , U.S, Trump's New York

☆ Analysts defend Salesforce, saying the sell-off is overdone and AI impact is ahead
▼ + stars: | 2024-05-30 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Even a sharp sell-off in Salesforce stock Thursday — down as much as 21% intraday — isn't keeping some analysts on Wall Street from sticking with their optimistic outlooks on the maker of customer relationship management software. Salesforce executives tied the disappointing results to elongated deal cycles throughout the first quarter that hit the company's booking schedule. Weiss reiterated an overweight rating on Salesforce, albeit with a $320 per share price target, down from $350. Goldman Sachs analyst Kash Rangan reiterated a buy rating on Salesforce stock, but lowered his price target to $315 per share from $345. The analyst reiterated an overweight rating on the stock with a $300 per share price target, or about 10% upside from yesterday's close.

Persons: Goldman Sachs, Morgan Stanley, JPMorgan Chase, Keith Weiss, Weiss, Kash Rangan, Rangan, Mark Murphy, Tyler Radke, Radke Organizations: Wall, JPMorgan, Citigroup Locations: Salesforce, CY25

☆ Trump found guilty in hush money trial
▼ + stars: | 2024-05-30 | by ( Jeremy Herb | ) edition.cnn.com time to read: +5 min

CNN —A Manhattan jury found Donald Trump guilty of all 34 charges of falsifying business records Thursday, an unprecedented and historic verdict that makes Trump the first former president in American history to be convicted of a felony. And if he defeats President Joe Biden in November, he will be the first sitting president in history to be a convicted felon. The verdict in the hush money trial was announced after jurors deliberated for nearly 12 hours over two days. Manhattan District Attorney Alvin Bragg speaks to the media after a jury found former President Donald Trump guilty on 34 felony counts of falsifying business records, on Thursday, May 30, in New York. “There’s only one way to keep Donald Trump out of the Oval Office: At the ballot box,” Biden wrote on X, linking to a fundraising page.

Persons: Donald Trump, he’s, Joe Biden, ” Trump, ”, Attorney Alvin Bragg, Michael Cohen, Cohen, Stormy Daniels, Trump, Bragg, Donald J, Seth Wenig, Daniels, Juan Merchan, Todd Blanche, CNN’s Kaitlan Collins, “, ” Blanche, Biden, ” Biden, ” Michael Tyler, Hunt, Mike Johnson, Kaanita Iyer, Annie Grayer, Celina Tabor, Kara Scannell, Lauren del Valle, Laura Dolan Organizations: CNN, Trump, White, CNN Manhattan, Attorney, Democrat, Manhattan, Republican National Convention, GOP, “ Locations: Manhattan, “, New York, Milwaukee, Celina

☆ Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago
▼ + stars: | 2024-05-29 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Customers with funds locked up in crypto exchange Gemini's defunct crypto lending program are finally going to start getting their money back. The email adds: "This means that if you lent one bitcoin in the Earn program, you will receive one bitcoin back. At $2.18 billion, the fund distribution represents a 232% recovery for users since Gemini froze withdrawals for customers of its Earn program 18 months ago. Gemini then lent customers' crypto to institutional borrowers through Genesis Global Capital, its lending partner of choice. In November 2022, Genesis Global Capital paused new loan originations and redemptions, forcing Gemini to halt withdrawals from its Earn program.

Persons: Tyler Winklevoss, Cameron Winklevoss, Cameron, Genesis, Gemini, Letitia Organizations: Gemini, Mana Convention, Genesis Global Capital, New York Locations: Wynwood, Miami , Florida, Manhattan

☆ Winklevoss crypto firm customers will get back triple the value of their frozen assets
▼ + stars: | 2024-05-29 | by ( Allison Morrow | ) edition.cnn.com time to read: +2 min

More than 230,000 Gemini customers lost access to approximately $940 million worth of digital assets. In the year and a half since then, crypto has staged a comeback, bringing the value of the frozen funds to $2.18 billion. Wednesday’s announcement accounts for the appreciation of value in crypto, adding more than $1 billion to the total. At the time FTX imploded, causing chaos in crypto markets, bitcoin sank precipitously to around $17,500. Earn customers can expect to receive their remaining asset balance within the next 12 months, Gemini said.

Persons: Cameron, Tyler Winklevoss, ’, ” Cameron Winklevoss, Gemini Organizations: New, New York CNN, Gemini, New York Department of Financial Services, bitcoin, FTX Locations: New York

☆ ‘My eyes have been opened:’ Inside Elton John’s personal photography collection
▼ + stars: | 2024-05-29 | by ( Victoria Woodcock | ) edition.cnn.com time to read: +9 min

CNN —“Fragile Beauty” is an exhibition of extremes. The new show of “Photographs from the Sir Elton John and David Furnish Collection” at London’s Victoria & Albert museum (V&A) is at turns glitzy and gritty; joyfully pop and heart-wrenchingly poignant. “‘Fragile Beauty’ was chosen by Elton. Photography as a visual journalOne section, too, is titled “Fragile Beauty”, featuring work by Mapplethorpe, Hujar and McGinley. Elton even features in some of his own collection, as shown in David LaChapelle's "Elton John, Egg On His Face," 1999.

Persons: Sir Elton John, David, Marilyn Monroe, Nan Goldin, ”, Duncan Forbes, “, ’, Elton, Tristram Hunt, London’s, Tyler Mitchell's, Tyler Mitchell, Richard Avedon, Mitchell, John, Egglestons —, Newell Harbin, Hujars, ’ Elton John “, Forbes, Tom Bianchi's, Tom Bianchi, Fahey Klein, “ They’re, It’s, “ We’re, Ronald Fisher —, Newell, Robert Mapplethorpe, Mapplethorpe, Elton John, Sunil Gupta’s, Christopher Street ”, George Platt Lynes, Zanele Muholi, Peter Hujar's, Darling, Hujar, Mel Roberts, Gilbert, George’s, Ryan McGinley’s, Don Herron’s, Keith Haring, Peter Hujar, McGinley, Mary Ellen Mark, John’s, David Fahey, David LaChapelle's, Egg, David LaChapelle “, Fahey, Irving Penn, Herb Ritts, Horst P, Horst, Robert Mapplethorpe's, Roy DeCarava, Julio Cortez’s, George Floyd, Hunt Organizations: CNN, Albert, London’s Tate, Vogue, Atlanta, Los Angeles, Elton John Aids Foundation, ”, Rights Society New, Associated Press Locations: British, Atlanta, London, Los Angeles, “, Harbin, New York, American, Rights Society New York, Seattle, France, Britain, Minneapolis

☆ As MLB changes its records, Josh Gibson, not Ty Cobb, is all-time batting leader
▼ + stars: | 2024-05-28 | by ( Tyler Kepner | ) www.nytimes.com time to read: +10 min

And as of Wednesday, Josh Gibson will replace Cobb as the leading hitter in the official records of the game. Thorn estimated that about 75 percent of all Negro Leagues box scores have been documented, and that MLB would update the records as more are uncovered. To some extent, Negro League numbers will always be a work in progress. Barnstorming games, essential as a financial lifeline to Negro League teams, are not included in the statistics. The scheduled games range from 26 (Negro American League, 1942) to 91 (Negro National League I, 1927).

Persons: Abner Doubleday, Tyrus Raymond Cobb, Doubleday, Josh Gibson, Cobb, ”, Larry Lester, “, Ty Cobb, Oscar Charleston, Rogers, Jud Wilson, Ed Delahanty, Buck Leonard, Ted Williams, John Thorn, Thorn, ” Lester, I’ve, Gibson, Chino Smith’s, Hugh Duffy’s, Chino Smith, Hugh Duffy, Charlie Blackwell, Ross Barnes, Willie Keeler, Rogers Hornsby, Tetelo Vargas, Vargas, — Lyman Bostock Sr, Bostock, Ted Williams ’, Sean Forman, Ty, Lester, Gary Ashwill, Kevin Johnson, Seamheads, ” Thorn, Elias, Babe Ruth, Lou Gehrig, Oscar, Barry Bonds, Jimmie Foxx, Ed Walsh, Addie Joss, Mordecai Brown, John Ward, Christy Mathewson, Rube Waddell, Walter Johnson, Dave Brown, Tommy Bond, White, Willie Mays, Mays, Bullet Rogan, Turkey Stearnes, ’ ” Lester, Simon Bruty Organizations: Major, Baseball, Negro Leagues, MLB, “, Negro League, Negro, Rogers Hornsby, Turkey Stearnes, Louis Cardinals, San Francisco Giants, Kansas City Monarchs, American, National Leagues, Negro American League, Negro National League I, Boston, New York Cubans, Twins, Red Sox, Sports, Birmingham Black Barons, Graphics, Retrosheet, Oscar Charleston, Barry, Major League Baseball, Birmingham, Giants, Mets Locations: Turkey, Birmingham, Ala, Chicago, Moline, Washington ,

☆ What we know about the Americans arrested for bringing ammo to Turks and Caicos
▼ + stars: | 2024-05-28 | by ( Alisha Ebrahimji | ) edition.cnn.com time to read: +9 min

The father of two pleaded guilty to possession of 20 rounds of ammunition, according to the Turks and Caicos government. The Virginia resident was fined $9,000, said Kimo Tynes, director of communications for the Government of the Turks and Caicos Islands in a news statement Tuesday. Tyler Scott Wenrich The Royal Turks and Caicos Islands Police ForceThe Hon. Watson pleaded guilty at a hearing on Tuesday, Tynes, with the communications office of the Government of the Turks and Caicos Islands, confirmed to CNN. Sharitta Shinese GrierSharitta Shinese Grier The Royal Turks and Caicos Islands Police ForceGrier was arrested two weeks ago and is awaiting trial after making bail, according to Tynes.

Persons: Michael Lee Evans, Sharitta Grier, Bryan Hagerich, Ryan Tyler Watson, Tyler Wenrich, Caicos Premier Washington Misick, Dileeni Daniel, Selvaratnam, ”, “, ” Misick, Misick, Bryan Hagerich Hagerich, Hagerich, Johnathan Franks, ” Hagerich, They’ve, Palmer, Matt Freed, ” Tyler Wenrich Wenrich, Kimo, , won’t, Tyler Scott Wenrich, Davidson Baptiste, ” Wenrich, Michael Lee Evans Evans, Oliver Smith, Ryan Tyler Watson Ryan Tyler Watson, Caicos Islands Police Force Watson, Watson, Sharitta Shinese Grier Sharitta Shinese Grier, Caicos Islands Police Force Grier, Tynes, ” Grier, can’t, Grier’s, Oklahoma Republican Sen, Markwayne Mullin, Guy Reschenthaler, “ It’s, ” Reschenthaler, CNN’s Manu Raju, Mullin, it’s “, Akbarzai, Michael Rios, Holly Yan, Fabiana Chaparro, Amanda Musa, AnneClaire Stapleton Organizations: CNN —, Caicos, British Overseas, Transportation Security Administration, Caicos Island Government, Gov, United, Pittsburgh International Airport, CNN, WTAE, Pittsburgh International, America, Government, Turks, Royal, Caicos Islands Police, Caicos Islands Police Force, WFTV, Oklahoma Republican, ABC, Republican, UN, TCI Locations: Caicos, Texas, Florida, Pennsylvania, Oklahoma, Virginia, Bahamas, Caicos Premier, British Overseas Territory, Caicos Island, Turks, United States, Caroline, Pittsburgh, “, Royal Turks, Tynes, Caicos Islands

CNN —After months of either ignoring or poking fun at former President Donald Trump’s criminal trial, the Biden campaign on Tuesday decided for the first time to stage a news conference about Trump’s record outside the courthouse where closing arguments were taking place. In their view, Trump’s trial would speak for itself, reintroducing the former president and the chaos that surrounds him to voters who may have tuned him out. “The entire news media is camped out here, day in and day out,” campaign communications director Michael Tyler said, explaining the choice to address reporters outside the lower Manhattan courthouse. Biden campaign officials are still grappling with the reality, this person said, that a substantial part of the population still doesn’t see that the choice on Election Day will be between Biden and Trump. “We knew Trump was out of control when he was president,” De Niro says over a shot of Trump behind the Resolute Desk.

Persons: Donald Trump’s, Biden, Robert De Niro, Trump, ” De Niro, That’s, Michael Tyler, De Niro, Michael Fanone, Harry Dunn, “, Donald Trump, United States —, ” Fanone, Jason Miller, Steven Cheung, Karoline Leavitt, Miller, ” Miller, Juan Merchan, ”, won’t, Harris, Niro, ” Dunn, We’ve, –, Biden’s, Aquilino Gonell, Danny Hodges, Dunn, Gonell, Hodges, CNN’s Kate Sullivan Organizations: CNN, White, Capitol, Trump, United, Top Trump, Biden, ”, Resolute, Metropolitan Police, US Capitol Police, Capitol Police, DC’s Metropolitan Police Department Locations: Manhattan, United States, White, —, Washington, DC

☆ American Tyler Wenrich sentenced to time served and $9K fine after arrest on illegal ammunition charge in Turks and Caicos
▼ + stars: | 2024-05-28 | by ( Alisha Ebrahimji | ) edition.cnn.com time to read: +3 min

CNN —American Tyler Wenrich was sentenced to three weeks in jail and fined Tuesday after he had pleaded guilty earlier this month to possession of ammunition while traveling to Turks and Caicos. Two other Americans have pleaded guilty and are out on bail while they await sentencing while a third has pleaded guilty, been sentenced and has returned back to the US. Bringing firearms or ammunition into Turks and Caicos without prior permission from police is “strictly forbidden,” according to a statement from its government. In addition to Hagerich and Wenrich, one other American – Michael Lee Evans – pleaded guilty to possession of ammunition while traveling in Turks and Caicos, according to the territory’s government. No US citizen has received the 12-year sentence to date.

Persons: Tyler Wenrich, Kimo Tynes, Davidson Baptiste, Ryan Tyler Watson, Tynes, Misick, Bryan Hagerich, Michael Lee Evans –, Evans, Oliver Smith, Sharitta Shinese Grier, Dileeni Daniel, Selvaratnam, CNN’s Michael Rios, Holly Yan, AnneClaire Stapleton Organizations: CNN, Government, Turks, Premier, Public, Caicos Locations: Turks, Caicos, The Virginia, American, Bahamas, United States

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