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☆ For Some Investors, Aging and Empty Office Buildings Aren’t a Bad Thing
▼ + stars: | 2024-06-12 | by ( Matthew Goldstein | ) www.nytimes.com time to read: +1 min

A perfect storm of plunging property values for aging buildings, weak tenant demand coming out of the pandemic and high interest rates for new loans and refinancing has left the $2.4 trillion office building sector wobbling. For some real estate investors, that may be a good thing. In April, a little-known firm, Yellowstone Real Estate Investments, paid $185 million for 1740 Broadway, a storied office tower near Columbus Circle in Manhattan. And this week, two real estate firms snapped up a Midtown Manhattan tower for less than $50 million, according to Bloomberg. Even though these are relatively small buyers, their emergence is a sign of the pain building in the U.S. commercial real estate market.

Persons: Blackstone Organizations: Estate Investments, Bloomberg Locations: Manhattan, Yellowstone, Columbus, Midtown Manhattan, U.S

☆ Hunter Biden conviction shatters Trump’s persecution narrative
▼ + stars: | 2024-06-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

In his first reaction to the verdict, Hunter Biden didn’t attack the judge or prosecutors, simply saying he was grateful for the love and support of his family and blessed to be clean again. The Hunter Biden verdict also contradicted the central rationale of Trump’s multiple legal defenses in his four criminal cases, several civil matters and his entire presidential campaign. “So much for the weaponization of the Justice Department to go after just the enemies of the other side,” Michael Zeldin, a former senior Justice Department official and federal prosecutor, said on CNN Max on Tuesday. Stephen Miller, Trump’s former White House domestic policy adviser, argued that the Justice Department had actually shown favoritism toward Hunter Biden by not charging him with 50 felonies over foreign influence peddling. “Hunter Biden just became the Deep State’s sacrificial lamb to show that Justice is ‘balanced’ while the other Biden crimes remain ignored,” she wrote on X.

Persons: Joe Biden, Donald Trump, Biden, Hunter, “, ”, Hunter Biden, Trump, ” Trump, Phil McGraw, couldn’t, ” Michael Zeldin, CNN Max, General Merrick, Garland, David Weiss, Weiss, “ Hunter Biden, ” Ken Buck, CNN’s Erin Burnett, ” Julian Zelizer, he’s, who’s, He’s, ” Zelizer, Democratic Sen, Robert Menendez, Henry Cuellar, Jamie Raskin, James Comer, Big Guy, ” Comer, Mike Johnson, Stephen Miller, Trump’s, ” Miller, Marjorie Taylor Greene, baselessly Organizations: CNN, Justice Department, Fox News, Trump, Democratic, Department, White House, Republican, Justice, Princeton University, “, Robert Menendez of New, Biden, Maryland Democrat, Kentucky Republican, Big, Louisiana Republican, BIG, Georgia Locations: America, Manhattan, Delaware, Robert Menendez of, Robert Menendez of New Jersey, New York, Henry Cuellar of Texas, Mexican, United States, Kentucky, Ukraine, China, Louisiana

☆ I retired in my 30s with a net worth of $2.5 million over a decade ago. Now, I'm going back to work at 46.
▼ + stars: | 2024-06-12 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +8 min

Read previewThis as-told-to essay is based on a conversation with Sam Dogen, a 46-year-old in San Francisco. It was easy to save money because I was working so muchI started saving only a month after starting at Goldman Sachs. A promotion and move to San Francisco got me on the property ladderIn June 2001, I was recruited to join Credit Suisse and moved to San Francisco. In 2005, I bought a house for $1,520,000 in San Francisco and rented my condo until I sold it in 2017. Having kids took up a lot of our passive income budgetOnce our son was born in 2017, we began spending more of our passive income.

Persons: —, Sam Dogen, I'd, Mary, Goldman Sachs, San Francisco, I've, I'm Organizations: Service, Business, College of William, San, Credit Suisse Locations: San Francisco, Virginia, USA, Manhattan

☆ Billionaire investor Ryan Cohen beats Bed Bath & Beyond shareholder lawsuit
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: +2 min

Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne, California, on May 1, 2023. The billionaire activist investor Ryan Cohen won the dismissal on Tuesday of a shareholder lawsuit accusing him of profitably cashing out of Bed Bath & Beyond shares too quickly as the home goods retailer was hurtling toward bankruptcy. Cohen revealed a 9.8% stake in Bed Bath & Beyond in March 2022 and pushed for changes that would include new directors and exploring a sale of the Buy Buy Baby brand. Bed Bath filed for bankruptcy in April 2023, and its common shares were canceled when its Chapter 11 plan became effective in September. The case is In re Bed Bath & Beyond Inc Section 16(b) Litigation, U.S. District Court, Southern District of New York, No.

Persons: Ryan Cohen, Dale Ho, Cohen, Lee Squitieri, Dave Wollmuth, Ho, Todd Augenbaum, Judith Cohen Organizations: Bed, U.S, GameStop, Forbes, Court, Southern District of Locations: Hawthorne , California, Manhattan, Chewy, Bed Bath, Southern District, Southern District of New York

☆ Hunter Biden was always doomed to lose his trial. His best bet is appealing a 'vindictive prosecution.'
▼ + stars: | 2024-06-11 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

Related VideoIn his opening statement at the trial, Biden's lawyer Abbe Lowell urged jurors in the Wilmington, Delaware, federal court to acquit his client. "They know how to put on a tight gun case." Biden's trial was not necessarily a lost cause. Hunter Biden's lawyers have argued this arrangement has perversely allowed Weiss to politicize the proceedings unchecked. This story was updated following the jury verdict in Hunter Biden's gun trial.

Persons: —, Hunter Biden, Biden, Abbe Lowell, Prosecutors, Sarah Krissoff, didn't, Maryellen Noreika, Donald Trump, Lowell, Jared Kushner, Sen, Robert Menendez, John Edwards —, Joe Biden, ROBERTO SCHMIDT, David Weiss, General Merrick Garland, Weiss, Hunter Biden's, Noreika, Trump, Republicans gloated, Hallie Biden, Cozen O'Connor, Duncan Levin, Levin, He's, Krissoff, Evelyn Hockstein, Neama Rahmani, Rahmani Organizations: Service, Business, Alcohol, Tobacco, Firearms, Explosives, AFP, Getty, Trump, Justice, Republicans, Biden's, US, BI, Republican, U.S, U.S . Department of Justice, Hill, REUTERS, Justice Department, West, Creative Locations: Wilmington , Delaware, Manhattan, Delaware, California, New York, Texas

☆ Hunter Biden guilty in criminal gun trial
▼ + stars: | 2024-06-11 | by ( Dan Mangan | ) www.cnbc.com time to read: +5 min

watch nowA jury convicted Hunter Biden, son of President Joe Biden, of all three counts at his criminal gun trial in Delaware federal court on Tuesday morning. Hunter Biden looked straight ahead at the jury and nodded slightly as three guilty verdicts were read, eight days after the trial began and after only about three hours of jurors deliberating. Hunter Biden, son of U.S. President Joe Biden, departs from the J. Caleb Boggs Federal Building on June 3 2024, in Wilmington, Delaware. President Biden is due to speak about gun control at an event on Tuesday afternoon. Hunter Biden, son of U.S. President Joe Biden, and his wife Melissa Cohen Biden and U.S. first lady Jill Biden leave the federal court after the jury finds him guilty on all three counts in his trial on criminal gun charges, in Wilmington, Delaware, U.S., June 11, 2024.

Persons: Hunter Biden, Joe Biden, Biden, Donald Trump —, —, Stormy Daniels, Jill Biden, Valerie Biden Owens, Biden's, Melissa Cohen Biden, Caleb Boggs, Anna Moneymaker, Kathleen Buhle, Hallie Biden, Beau Biden, Hunter's, Hunter, Melissa, God, Abbe Lowell, Maryellen Noreika, Noreika, Lowell, today's, Hannah Beier, Jill, Trump Organizations: ABC, U.S, Reuters, Republican Trump Locations: Delaware, November's, New York, Wilmington , Delaware, U.S, Los Angeles, Manhattan

☆ Trump got special treatment from NYC probation, and defense lawyers are crying foul
▼ + stars: | 2024-06-11 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

In New York, probation officers talk to the defendant and the prosecutor in separate pre-sentencing interviews in preparation for what's known as a pre-sentencing report. AdvertisementTrump is not getting preferential treatment by being allowed to do his interview via video and with his lawyer, a city spokeswoman told Business Insider. It is true that defendants who are locked up while awaiting sentencing typically do pre-sentencing interviews via video, defense lawyers told Business Insider. But defendants like Trump, who are at liberty, are almost always required to appear alone and in person for their probation interviews, lawyers told BI. "I've never been present at a probation interview," said veteran Legal Aid attorney Sam Roberts.

Persons: —, Donald Trump, Todd Blanche, Trump, it's, Ivette Davila, Richards, it's President Trump, Justice Manhattan Juan Merchan, Blanche, I've, Sam Roberts, he's, Thomas Eddy, there's, Eddy, Blanche wasn't Organizations: Service, of, Business, Associated Press, Legal Aid Society, The Bronx Defenders, Defender Services, Neighborhood, Service of Harlem, it's, New, Justice Manhattan Locations: New York City, Mar, New York, Manhattan, York City, Rochester , New York

☆ Live updates: Hunter Biden will not testify at gun trial as jury deliberations loom
▼ + stars: | 2024-06-10 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Hunter Biden, son of U.S. President Joe Biden, and his wife Melissa Cohen Biden arrive at the federal court for his trial on criminal gun charges, in Wilmington, Delaware, U.S., June 10, 2024. The criminal gun trial of Hunter Biden resumed Monday morning with his lawyers revealing that the son of President Joe Biden will not testify in Wilmington, Delaware, federal court. Biden is charged with three crimes related to possessing a handgun while being a drug user. Biden's lawyer Abbe Lowell effectively said he would not take the witness stand during a morning hearing with Judge Maryellen Noreika on proposed jury instructions. Lowell told Noreika to leave the phrase "did not testify" — referring to Biden — in those instructions.

Persons: Hunter Biden, Joe Biden, Melissa Cohen Biden, Biden, Abbe Lowell, Judge Maryellen Noreika, Lowell, Noreika, Donald Trump Organizations: Biden — Locations: Wilmington , Delaware, U.S, York, Manhattan

☆ Does New York City Really Need These Giant 5G Towers?
▼ + stars: | 2024-06-10 | by ( Dodai Stewart | ) www.nytimes.com time to read: +1 min

This is Street Wars, a weekly series on the battle for space on New York’s streets and sidewalks. A thrilling glimpse of New York City history is on display at the intersection of West 12th Street and Washington Street in Manhattan. The three-story Federal-style brick building on the southeast corner was built in 1842. So when the city proposed placing a shiny new 5G tower on a corner there, neighbors were not happy. “There is a harm to having these 32-foot tall futuristic towers, often with large video display terminals on them, in residential neighborhoods in historic districts,” he said.

Persons: ”, Andrew Berman Organizations: Washington, Village Preservation, Greenwich Village Locations: New York City, Manhattan, Greenwich, ”

☆ With congestion pricing stop, New York City enters new era of economic gridlock
▼ + stars: | 2024-06-09 | by ( ) www.cnbc.com time to read: +9 min

Alexander Spatari | Moment | Getty ImagesAs U.S. cities continue their recovery from the pandemic and inflation, New York City was expected to provide a key national test for the economic value of congestion pricing. A cost of living crisis, preparing for climate challenges, and aging infrastructure, including public transportation, all made the congestion pricing plan make sense to many. Her group also has supported a congestion pricing plan for two decades. The long, and often losing, history of congestion pricing The battle over congestion pricing in New York City has a much longer history than you may think. In 2007, then-New York City Mayor Michael Bloomberg made the case for congestion pricing, but couldn't get enough support in the state's capital.

Persons: Alexander Spatari, United States —, Kathy Hochul, Hochul, JPMorgan Chase, Jamie Dimon, —, Kathryn S, Wylde, Josh Gottheimer, William Vickrey, Michael Bloomberg, Andrew Cuomo, Cuomo, that's, Gottheimer Organizations: Metropolitan Transportation Authority, MTA, New, Business District, Gallup, JPMorgan, New York's Department of Transportation, Partnership, Community Service Society, MTA Traffic, Regional Plan Association, Jersey Transit, New York City, New York Times, New York, Buffalo . Rep, Buffalo Bills Locations: New York City, United States, Covid, Manhattan, New York, New Jersey, New Jersey's Sussex County, Jersey, Connecticut, Long Island, Southeastern New York, New, Buffalo

Kathy Hochul has privately exchanged anxieties about moving forward on congestion pricing with business leaders, political advisers and, in her telling, a great number of ordinary New Yorkers in diners. The move to abandon a plan that was decades in the making jolted lawmakers, real estate leaders, transit advocates and other stakeholders. The governor said she was reluctant to deter people from driving to New York City when its economic recovery was still fragile; critics called it an election year ploy to help Democrats in suburban districts where congestion pricing is notably unpopular. Ms. Hochul’s announcement was particularly jarring given her past championing of the plan. Indeed, as recently as this year, the governor stressed the need to get vehicles off the road — a dissonance that has fed a sense of duplicity and a feeling of betrayal among those who considered her an ally.

Persons: Kathy Hochul Organizations: Gov Locations: Manhattan, New York City

Former President Donald J. Trump, who was convicted last month on 34 felony counts of falsifying business records, is expected to have a virtual interview with a New York City Probation Department official on Monday, three people with knowledge of the matter said. The interview is required as the agency prepares a sentencing recommendation for the judge in the case. Mr. Trump will be in his home at Mar-a-Lago in Palm Beach, Fla., for the virtual meeting — his first with a probation official since he became the first U.S. president to be convicted of a felony. A jury in Manhattan found him guilty on May 30 in a hush-money case stemming from a payment that Mr. Trump’s then-fixer, Michael Cohen, made to Stormy Daniels, a porn star who said she had a sexual encounter with Mr. Trump in 2006. The payment came in the final days of Mr. Trump’s 2016 presidential campaign, and the creation of 34 false business records to cover up Mr. Trump’s reimbursement of Mr. Cohen came in early 2017, after he was elected.

Persons: Donald J, Trump, Trump’s, Michael Cohen, Stormy Daniels, Cohen Organizations: New, Department, Mar Locations: New York City, Palm Beach, Fla, Manhattan

Former U.S. President Trump found guilty on 34 felony counts of falsifying business records during his trial at Manhattan Criminal Court May 30th 2024 in New York City. Trump, the presumptive Republican presidential nominee, was convicted last month on all 34 felony counts of falsifying business records in the historic case. The probation interview is required by the court as part of the former president's pre-sentencing report. Judge Juan Merchan, who is presiding over the hush money case, permitted Blanche to be present for the probation interview over a video call after prosecutors did not object. Some legal experts noted that holding a probation interview over a video conference call is unusual but having the former president in a New York probation would also be unprecedented.

Persons: Trump, Todd Blanche, Judge Juan Merchan, Blanche, Martin Horn, Horn, Duncan Levin, Trump's, Levin, Michael Cohen Organizations: U.S, Manhattan Criminal, Former, New, Mar, NBC News, Trump, Republican National Convention, New York City Department of Corrections, NBC, Secret Service Locations: New York City, New York, Manhattan

☆ A working-class immigrant neighborhood in Queens banned cars along a major road. The new park is a 'superhighway of kids and families and neighbors.'
▼ + stars: | 2024-06-09 | by ( Eliza Relman | ) www.businessinsider.com time to read: +10 min

Just a few years ago, that same road — 34th Avenue — was a traffic-clogged artery. The 34th Avenue Open Street is 26 traffic-restricted blocks with a handful of entirely car-free plazas outside schools. Thousands of students use the 34th Avenue Open Street to get to and from school every day. Siff and others hope 34th Avenue will become a public park that prioritizes people on foot. Do you live on or near an open street in New York City or a traffic-restricted street elsewhere?

Persons: —, Nuala O'Doherty, Naranjo, Kathy Hochul, O'Doherty, ", Eliza Relman, Braulio Tellez, Tellez, Jim Burke, Burke, they're, " O'Doherty, Shekar Krishnan, Krishnan, they've, Dawn Siff Organizations: Service, Manhattan, Business, Initiative, New York Gov, Immigrant, Central Queens, Elmhurst Hospital Center, City Department of Transportation, City College, Coalition, City, Department of Transportation, Alliance, Park, Citi Field Locations: Jackson Heights , Queens, York, Manhattan, Jackson, Central, Elmhurst, New York City, Bronx, Siff, Mexico City, Paris

☆ Travel news: The Tank Museum in England has a bigger YouTube following than MoMA
▼ + stars: | 2024-06-08 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +7 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. CNN —In this week’s roundup of travel news, we bring you the world’s best restaurants for 2024, Disneyland’s epic expansion plans and the little museum in rural England that’s become a YouTube hit. World’s best restaurants1. This famed Barcelona eatery was one of five restaurants in Spain to make this year's World's 50 Best Restaurants list. Dubai has more “best” restaurants than any other destination in the Middle East, according to the 50 Best group.

Persons: England that’s, He’s, that’s, AirlineRatings.com, Disney World’s, Peter Pan, Francesc Guillamet Ferran, Asador, Bruno Verjus, Philippe Vaures Santamaria, Dabiz Muñoz, Diverxo, Diverxo Maido, Maido, Atomix, Evan Sung, Søren Gammelmark, Gaggan Anand, Don Julio, Pablo Domina World's Organizations: CNN, Canada House, American Airlines, Disney, Aberdeen Angus, Multicultural, CNN Travel, Finland Locations: England, New York, Paris, Normandy, Canada, Philippines, Bataan, Florida, Texas, Gulf, Asia, Pacific, Southern California, Japan, Tokyo, Disfrutar, Barcelona, Spain, Basque, Madrid, Spanish, Lima, Peru, New York City, Koreatown, Manhattan, Quintonil, Mexico, Copenhagen, Denmark, Bangkok, Thailand, Kolkata, Buenos Aires, Argentina, Hereford, Dubai, British, Soviet Union

☆ DOJ settles CityMD Covid fraud allegations for $12 million
▼ + stars: | 2024-06-08 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Walgreens -backed CityMD will pay $12.04 million to settle Covid fraud allegations brought by the Department of Justice, the department announced on Friday. Stephen Kitzinger, a CityMD patient, initially alleged the fraud in 2020. CityMD cooperated with the government's investigation and hired a third-party firm to help the government determine how much was lost in connection as a result of the alleged fraud, according to the DOJ. CityMD said it denies the allegations but has decided to settle in order to to avoid the costs of dragged-out litigation. "The recent settlement is neither a finding of liability nor an admission of wrongdoing, and CityMD denies the allegations.

Persons: Philip R, Sellinger, Stephen Kitzinger, Kitzinger, CityMD Organizations: Walgreens, Department of Justice, Attorney's, District of, U.S, DOJ, CNBC Locations: Manhattan , New York City, U.S, New York, New Jersey, District of New Jersey, COVID

☆ Tough-on-crime former NYC judges say even they wouldn't sentence Trump to prison in the hush-money case
▼ + stars: | 2024-06-08 | by ( Laura Italiano | ) www.businessinsider.com time to read: +12 min

AdvertisementWill Merchan sentence Donald Trump to jail? Merchan will not sentence Trump to prison, the four agreed. Merchan could theoretically sentence Trump to as little as a single day in Rikers, said Kamins, now in private practice at Aidala, Bertuna & Kamins. But even in the unlikely event of a low-jail sentence, Trump's appeals would keep him at liberty for years, all four judges said. "I certainly don't know what the right decision is, or what Judge Merchan will do," Obus told BI.

Persons: —, Donald Trump, Will, Juan Merchan, Trump, blunts, Attorney Alvin Bragg, Bragg, Jane Rosenberg, Michael Obus, Barry Kamins, Charles Solomon, Solomon, Shannon Stapleton, Kamins, Richard Drew Appeals, — Obus, Trump's, Ted Cruz, Joshua Steinglass, Obus, I've, Ron Kuby, Kuby, Merchan, STEVEN HIRSCH, Judge Merchan, Susan Necheles, Stormy Daniels, Jane Rosenberg Merchan, Rehashing, he's Organizations: Service, Will New, Business, Attorney, REUTERS, New York, New, New York City, BI, Trump, Manhattan, Republicans, AP, National Enquirer, Getty Images, Harvard Business School, Reuters, Manhattan Criminal Locations: Rikers, Manhattan, New, New York, Brooklyn, , New York, New York's, Aidala, United States, Florida, Washington

☆ Opinion: Graceland still embodies Elvis Presley and the American Dream
▼ + stars: | 2024-06-06 | by ( Opinion Michael T. Bertrand | ) edition.cnn.com time to read: +8 min

CNN —The recent and bizarre attempt to wrest control of Graceland, the Memphis, Tennessee, home of the late Elvis Presley, set off a number of red flags. But Elvis represents something different from Gilded Age robber barons such as Rockefeller and Carnegie, whose American Dream was fundamentally about the accumulation of wealth. “Seems we was always in debt,” recalled Gladys Presley, Elvis’s mother. Fans walk by the entrance to Graceland, the home of Elvis Presley, on August 14, 2007, in Memphis, Tennessee. Immediately after moving into Graceland, Elvis, the ultimate consumer, began renovations.

Persons: Michael T, Bertrand, ”, Elvis Presley, Presley, Elvis, Priscilla, Lisa Marie, Riley Keough, —, John D, Rockefeller, Andrew Carnegie, Ida Harris, Gladys Presley, Elvis’s, “, ” Stephen Galvin, Joe Raedle, Gladys, throwed, Stan Honda, Horatio Alger, Graceland, Andrew Carnegie’s Organizations: Tennessee State University, CNN, Rockefeller, Carnegie, Getty, White Locations: Memphis , Tennessee, East Tupelo , Mississippi, Memphis, United States, Bluff City, Bryan , Texas, Graceland, AFP, drawl, Hollywood, Las Vegas, New York, Manhattan, America

☆ Hunter Biden may be doomed to lose his trial. His best bet is appealing a 'vindictive prosecution.'
▼ + stars: | 2024-06-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

"They know how to put on a tight gun case." Biden's trial is not necessarily a lost cause. This arrangement has perversely allowed Weiss to politicize the proceedings unchecked, Hunter Biden's lawyers argued. There's no evidence that Biden even loaded or used the gun before his brother's widow, Hallie Biden, threw it out. "Obviously, the conduct that the government ought to be addressing is whether somebody is on drugs and high while they're shooting a gun," Levin said.

Persons: —, Hunter Biden, Abbe Lowell, Prosecutors, Biden, Sarah Krissoff, didn't, Maryellen Noreika, Donald Trump, Lowell, Jared Kushner, Sens, Robert Menendez, John Edwards —, Joe Biden, ROBERTO SCHMIDT, David Weiss, General Merrick Garland, Weiss, Hunter, Noreika, Trump, Republicans gloated, Hallie Biden, Cozen O'Connor, Hunter Biden's, Duncan Levin, Levin, He's, Krissoff, Evelyn Hockstein, Neama Rahmani, Rahmani, there's Organizations: Service, Business, Alcohol, Tobacco, Firearms, Explosives, AFP, Getty, Republicans, US Justice Department, Republican, U.S, U.S . Department of Justice, Hill, REUTERS, Justice Department, West, Creative Locations: Wilmington , Delaware, Manhattan, Delaware, California, New York, Texas

☆ Kathy Hochul Made the Wrong Decision on Congestion Pricing - The New York Times
▼ + stars: | 2024-06-06 | by ( Tom Wright | Kate Slevin | ) www.nytimes.com time to read: +1 min

Kathy Hochul’s decision to “indefinitely pause” congestion pricing in Manhattan is likely to reverberate for decades, much like the former New Jersey governor Chris Christie’s decision in 2010 to block construction of a badly needed new rail tunnel under the Hudson River. Both were short-term choices that pushed aside critical long-term investments in the most mass-transit-dependent metropolitan area of the nation. The decision by Mr. Christie, which he said was based on the project’s cost, compromised the region’s competitiveness, economy and environment. Ms. Hochul’s action raises questions about whether congestion pricing, which was set to begin at the end of the month, will ever happen. It will mean continued congestion on some of the world’s most traffic-stymied streets and no relief from the air pollution from auto and truck exhaust.

Persons: Kathy Hochul’s, Chris Christie’s, Christie, Hochul’s, Christie’s Organizations: New, New Jersey Transit, Amtrak, Metropolitan Transportation Authority Locations: Manhattan, New Jersey, Hudson, Jersey

☆ T.D. Allman, Assertive Globe-Trotting Journalist, Dies at 79
▼ + stars: | 2024-06-06 | by ( Adam Nossiter | ) www.nytimes.com time to read: +1 min

Allman, a free-spirited journalist who challenged American mythmaking in pointed, personal reporting over five decades on topics as varied as the Vietnam War and contemporary Florida, died on May 12 in Manhattan. In March 1970, as a 25-year-old freelance journalist, Mr. Allman, accompanied by two other reporters, walked 15 miles over the mountains in Laos to report for The New York Times about Long Cheng, a secret C.I.A. “At the end of the paved runway were three Jolly Green Giant rescue helicopters,” Mr. Allman reported. “Their presence is believed to be one of the reasons the United States tries to keep Long Cheng secret. The Jolly Green Giants are regarded as proof that the United States bombs not just the Ho Chi Minh Trail but northeastern Laos as well.”

Persons: T.D, Allman, Chengzhong Sui, Long Cheng, Jolly, Mr Organizations: The New York Times, United States, Jolly Green Giants Locations: American, Vietnam, Florida, Manhattan, Laos, United

☆ Opinion: How this very English sport found a home in America
▼ + stars: | 2024-06-06 | by ( Opinion Ashish Ravinran | ) edition.cnn.com time to read: +8 min

India and Pakistan will take on each other in the Men’s T20 World Cup. But I soon realized that one of the unexpected pleasures of cricket in America was seeing the sport bloom between the cracks. Through their eyes, the New York cricket world continued to bloom in front of me. I discovered weekend leagues, a high school league and peculiarly, the NYPD Youth Cricket League — the subject of my upcoming feature documentary. This year there’s a second competition, the National Cricket League, headquartered in Dallas, home to a large South Asian community.

Persons: Ashish Ravinran, ”, Read, Ashish Ravinran Richa Dayal, who’d, ” Tanvir Ahmed, who’ve, Alex Davidson, We’re, we’ve, I’ve, Ramchandra, Fawwaz Baksh, They’ve, Bolt, Sean Paul, America ’, they’d Organizations: NYPD, CNN, South, Oxford, Cricket, New, NYPD Youth Cricket League —, Citi Field, American, Major League Cricket, National Cricket League, American College Cricket, West Indies, ICC, Bangladesh, Nassau County International Cricket, ” Sports, Local, World Trade Center, Times, Twitter, Facebook, America, Angeles Locations: Singaporean, New York City, Long, , New York, India, Pakistan, America, Caribbean, New York, Singapore, Bangladeshi, Brooklyn, Corona Park, Queens, Prairie, Texas, Morrisville, North Carolina, Dallas, Lauderhill, Florida, Jamaican, West, Canada, Eisenhower, Manhattan, Fort Lauderdale, Bangladesh, Texas , Florida

☆ Election Updates: Trump again suggests prosecuting his political opponents.
▼ + stars: | 2024-06-05 | by ( Maggie Astor | ) www.nytimes.com time to read: +5 min

Lara Trump, the Republican National Committee co-chair and Mr. Trump’s daughter-in-law, strongly denounced him on CNN. Mr. Hogan has also said he would not be going to the Republican National Convention in Milwaukee next month, where Mr. Trump will officially receive the nomination. Mr. Hogan remains personally popular in Maryland, something Mr. Trump is not. “We don’t want to alienate Trump voters,” Mr. Hogan told The Associated Press in April. “But Larry Hogan is running for Senate in Maryland, not Mississippi,” a nod to the needle Mr. Hogan must thread.

Persons: Donald J, Larry Hogan’s, Hogan, Trump, “, ”, Chis LaCivita, Lara Trump, Trump’s, Hogan’s, Michael Whatley, Larry Hogan, Biden, Republicans —, —, Ben Cardin, ” Mr, Mr, Whatley didn’t, Steve Daines, Angela Alsobrooks, George Santos, Lou Dobbs, Chaya Raichik, aren’t, John Cornyn, Lindsay Reilly Organizations: Senate, Democratic, Mr, Trump, Republican, Republican National Committee, CNN, Republican Party, Trump Republican, Republican National Convention, Washington , D.C, Republicans, Democrat, Associated Press, Biden voters, Maryland, National Republican Senatorial Committee, Republican leadership’s, Fund, Hogan’s Democratic, Prince, Maryland Democrats, Maryland Democratic Party Locations: Maryland, Manhattan, America, Milwaukee, Washington ,, Montana, Mississippi, Prince George’s County, Washington, Texas

☆ Trump Georgia election case halted pending outcome of challenge to D.A.
▼ + stars: | 2024-06-05 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

A Georgia appeals court on Wednesday halted the criminal election case against Donald Trump in the state pending the outcome of his bid to disqualify the district attorney prosecuting the former president. The order by the Georgia Court of Appeals all but guarantees that Trump and eight co-defendants in the case will not stand trial before the November presidential election, where Trump is the presumptive Republican nominee. The appeals court said it would hear arguments on Oct. 4 on Trump's effort to boot Fulton County District Attorney Fani Willis from the case. The appeals court must rule on the question by March 14, 2025, according to the court's website. The appeals court order Wednesday halting the case also applies to Rudy Giuliani, David Shafer, Robert Cheeley, Michael Roman, Mark Meadows, Cathy Latham, Jeffrey Clark and Harrison Floyd.

Persons: Donald Trump, Trump, Fani Willis, Scott McAfee, Willis, Joe Biden, Rudy Giuliani, David Shafer, Robert Cheeley, Michael Roman, Mark Meadows, Cathy Latham, Jeffrey Clark, Harrison Floyd, Michael Cohen, Stormy Daniels Organizations: Georgia, Trump, Republican, Fulton Locations: Georgia, Fulton, Fulton County, New York, Manhattan

☆ NY Gov Hochul delays controversial NYC congestion pricing plan ‘indefinitely’
▼ + stars: | 2024-06-05 | by ( Gloria Pazmino | ) edition.cnn.com time to read: +6 min

A source familiar with the Governor’s plan said Hochul pushed for the delay due to concerns about affordability and the potential impact to the city’s post-pandemic economic recovery. New York’s congestion pricing would have been the first of its kind in the United States. “As a longtime champion of Congestion Pricing and the Congressional Representative of a significant portion of the Central Business District (CBD), I am disappointed by reports that Governor Hochul will not implement Congestion Pricing on June 30, as previously planned,” Nadler said in a statement. “For years, Leader Hakeem Jeffries has maintained neutrality with respect to the congestion pricing policy debate. Congestion pricing is a $15 billion lifeline for the MTA – critical funding that will be lost if the program is stalled,” the group said in a statement.

Persons: Kathy Hochul, ” Hochul, Hochul, John Samuelsen, CNN Hochul, ” Samuelsen, Joe Borelli, ” Borelli, ”, Ritchie Torres, Jerry Nadler, ” Nadler, Hakeem Jeffries, Andy Eichar, “, Jeffries, ” Eichar Organizations: CNN, New, Yorkers, The New, Metropolitan Transportation Authority, Transport Workers Union, Republican, “, Rep, Democrat, Congressional, Central Business, Transportation, MTA Locations: New York City’s, Manhattan, United States, London, Stockholm, The, The New York City, Staten Island, Hudson, Brooklyn, New York State

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