DIRS.INFO The most relevant business & tech news

☆ The 6 wildest details about Sam Bankman-Fried that Michael Lewis revealed in a tell-all interview
▼ + stars: | 2023-10-03 | by ( Grace Kay | ) www.businessinsider.com time to read: +9 min

Michael Lewis gave a peek into details from his new book on Sam Bankman-Fried in a tell-all interview. AdvertisementAdvertisement"The Big Short" author Michael Lewis shared some of the wildest details from his forthcoming book on disgraced FTX cofounder Sam Bankman-Fried during a tell-all interview with "60 Minutes" on Sunday. Tom Brady and Sam Bankman-Fried had an unlikely friendship, according to Michael Lewis. Sam Bankman-Fried, a known "League of Legends" fan, played a video game during his first live TV interview, Michael Lewis said. Sam Bankman-Fried.

Persons: Michael Lewis, Sam Bankman, Lewis, SBF, Tom Brady, Donald Trump, —, Bankman, Sam, Erin Schaff, Insider's Lloyd Lee, Fried, Trump, Brady, Sebastian Widmann, Sam wasn't, FTX, he's, Larry David, Steph Curry's, Steph Curry, Anna Wintour, Matt Winkelmeyer, Vogue's Anna Wintour, Wintour, Spokespeople, David, Curry, Michael M, Bernie Madoff, Elizabeth Holmes, Jim Spellman, WireImage Lewis Organizations: Service, Trump, NFL, Super, Miami, Sequoia Capital, Metropolitan Detention, Prosecutors, Alameda Research, Bankman Locations: New York, Trump, Hollywood, America, Bahamas, Brooklyn

☆ Donald Trump committed fraud for years by inflating his worth to banks and insurers, a New York judge finds
▼ + stars: | 2023-09-26 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

The ruling is a pre-trial win for the state Attorney General, who wants him banned from doing business in NY. AdvertisementAdvertisementIn a stunning, pre-trial win in New York attorney general's all-out war on the Trump Organization, a Manhattan judge has found that Donald Trump committed fraud for years by inflating his worth to banks and insurers by as much as $3.6 billion a year. Instead, the judge gave a major victory to Attorney General Letitia James, finding in her favor that Trump is liable for fraud. "The New York Attorney General is none of the above." New York Attorney General Letitia James wants Trump's business banned from New York.

Persons: Trump, —, general's, Donald Trump, Arthur Engoron, Letitia James, James, Alina Habba, Michael Madaio, Clifford S, Robert, Michael Farina, Christopher Kise, Armen Morian, Engoron, Erin Schaff, Marx, Chico Marx, Chicolini, Margaret Dumont, Gloria Teasdale Organizations: Service, Trump Organization, Trump, Appellate Division, New York, . New York, Deutsche Bank Locations: Manhattan, NY, New York, American, ., Saudi Arabia

Ms. Sims, 54, may be the most surprising legal figure to emerge as the world grapples with the devastating impacts of a warming planet. And she is now the singular force behind a creative legal gambit to make oil and gas companies pay for the devastation being wrought by climate change in Puerto Rico. Her strategy is being carefully watched by the fossil fuel industry and environmental groups as well as other lawyers and municipalities. The lawsuit she filed in November goes after a who’s who of the fossil fuel industry — Exxon Mobil, Chevron, Royal Dutch Shell, BP and others. The case is part of a new wave of litigation targeting oil, gas and coal companies over climate change, which is driven by the burning of their products.

Persons: Sims Organizations: Exxon Mobil, Chevron, Royal, Shell Locations: Puerto Rico

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

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

☆ He Tried to Save a Friend. They Charged Him With Murder.
▼ + stars: | 2023-06-25 | by ( Eli Saslow | Erin Schaff | ) www.nytimes.com time to read: +3 min

Instead, they arrested and charged only one person, Askins, who had a criminal record of nonviolent drug offenses. His file showed that he had depression, anxiety and PTSD from being raped by a neighbor when he was 9. Mai left private practice and took a 40 percent pay cut to become a public defender in his home state because he wanted to work cases like this. He had imagined himself fighting for the underdog, standing and delivering in front of a jury like his idol, Clarence Darrow, whose trial victories helped advance the civil rights movement. In his almost two years as a public defender, he had never once taken a case to trial.

Persons: Greg Abbott, “, Marco Rubio, Mai, Suge ”, Drake, Askins, he’d, Clarence Darrow Organizations: Gov, Prosecutors, Republican, Oklahoma City Locations: Oklahoma, Texas, ”, Arkansas, Alaska , California, Florida, Tennessee, Indiana, Missouri, dumpsters

☆ Biden Welcomes Indian Leader With a 21-Gun Salute
▼ + stars: | 2023-06-22 | by ( Mujib Mashal | Karoun Demirjian | ) www.nytimes.com time to read: +8 min

Mr. Biden celebrated India’s rise with a lavish display of friendship marked by marching bands, honor guards and a 21-gun salute on the South Lawn, to be followed by an Oval Office meeting and a gala state dinner. Mr. Modi agreed to join Mr. Biden in the East Room to meet with journalists and will also address a joint session of Congress in the afternoon. Image The scene on the South Lawn in the morning underscored the rising role of Indian Americans in the United States. Image Mr. Modi suggested the two nations could tackle international challenges in tandem. Credit... Pete Marovich for The New York TimesMr. Biden pointed to the prevalence of Indian Americans in prominent positions.

Persons: Biden, Narendra Modi, Modi, “, ” Mr, ’, Mr, ”, Doug Mills, China’s, Atomics, Biden’s, Alexandria Ocasio, Cortez, “ Modi, Pete Marovich, Kamala Harris, Harris, Harris’s, Erin Schaff, Joshua Bell Organizations: White, “, New York Times, Artemis Accords, International Space Station, General Electric, Hindustan Aeronautics Limited, Boeing, Biden, New York Times “ Equity, United States, ”, Cortez of New York, Twitter, The New York Times, Mr, The New York, Penn Masala, University of Pennsylvania, U.S . Marine Locations: India, United States, Russia, China, U.S, Moscow, Beijing, American, Ukraine, Russian, New York Times India, New Delhi, Cortez of New, portobello, Asian

Mr. Modi agreed to join Mr. Biden in the East Room to meet with journalists and will also address a joint session of Congress in the afternoon. Image The scene on the South Lawn in the morning underscored the rising role of Indian Americans in the United States. Image Mr. Modi suggested the two nations could tackle international challenges in tandem. They considered it a victory that the administration had persuaded Mr. Modi, who famously refuses to hold news conferences, to meet with reporters alongside Mr. Biden, as most major world leaders do when they visit the White House. Credit... Pete Marovich for The New York TimesMr. Biden pointed to the prevalence of Indian Americans in prominent positions.

☆ How to Clear 500,000 Feral Cats From New York’s Streets
▼ + stars: | 2023-06-08 | by ( Richard Schiffman | Erin Schaff | ) www.nytimes.com time to read: +1 min

There are colonies in virtually every neighborhood with suitable nooks and crannies — in Bushwick, in Washington Heights, in Ozone Park. There may be as many as half a million feral cats padding around New York City, but no one knows for sure. “No one knows, and the city doesn’t care to know,” said Will Zweigart, the founder of Flatbush Cats, the nonprofit group that Ms. Gabriel and scores of others volunteer with. “Because if they knew, they would be accountable to do something about it.”There are a number of reasons for the explosion in feral cat colonies. Some people, fearing that their unwanted cats would be euthanized if they were taken to a shelter, simply let them out on the streets and hoped for the best.

Persons: ”, Will Zweigart, Gabriel Organizations: Flatbush Cats, Yorkers Locations: Flatbush, Bushwick, Washington Heights, Ozone, New York City

☆ A Climactic Opening
▼ + stars: | 2023-05-29 | by ( Lauren Jackson | ) www.nytimes.com time to read: 1 min

Today is something of a curtain raiser for the U.S. National Parks system, ushering in its busiest season. Last year, nearly 312 million people visited the parks, hiking across the Grand Canyon, posting Instagram stories from Joshua Tree and waiting for Old Faithful by Yellowstone’s rainbow pools. On Memorial Day last year, so many people headed to the sites that many of their parking lots were full by midmorning. At Bryce Canyon National Park in Utah, home to 50-million-year-old rock formations, park rangers start clearing the way for visitors weeks ahead of the busy season. Similar preparation plays out at the system’s parks around the country.

The majestic peaks, desert blooms and geological wonders of the United States’ national parks have beckoned to billions since Yellowstone was established in 1872. Nearly 312 million people visited last year, signaling a return to prepandemic levels. Spring and summer months are particularly packed at the hundreds of sites managed by the National Park Service. To prepare for peak season at Bryce Canyon National Park in Utah — essentially, an island of crimson rock spires perched at about 8,000 feet — rangers begin restoring trails and training staff before the snows even melt.

☆ ‘A Daily Game of Russian Roulette’: Homeless in San Diego
▼ + stars: | 2023-05-13 | by ( Eli Saslow | Erin Schaff | ) www.nytimes.com time to read: +1 min

Laine Goettsch packed her emergency medical bag and drove into downtown San Diego to look for her favorite patient, afraid of what she might find. Sometimes, she saw Abdul Curry cleaning the sidewalks near his tent and dancing to a playlist of Ed Sheeran songs. Now she drove into a homeless encampment and saw three people huddled near a camping stove and sharing a bottle of vodka. The toll in San Diego County had increased by nearly 10 times in the last decade, from 64 homeless deaths in 2014 to nearly 600 investigated by the medical examiner’s office in the last year. She drove across a bridge and spotted Abdul slumped over at the entrance of a parking garage.

The debate comes less than two months after Twitter restored Trump’s account, but Meta’s intention to reevaluate the decision predates Twitter’s reversal. “I can’t think of what that rigorous standard would be that would make this policy be applied fairly, not just to former President Trump, but to any politician.”Is Trump bound to Truth Social? A phone screen displays the Truth Social app in Washington, DC, on February 21, 2022. Trump now has his own rival social media platform, Truth Social, which he launched in February. Despite his desire for a bigger megaphone and aides encouraging him to rejoin Twitter, Trump has said he is committed to Truth Social.

☆ The Year in Pictures 2022
▼ + stars: | 2022-12-19 | by ( The New York Times | ) www.nytimes.com time to read: +57 min

Every year, starting in early fall, photo editors at The New York Times begin sifting through the year’s work in an effort to pick out the most startling, most moving, most memorable pictures. But 2022 undoubtedly belongs to the war in Ukraine, a conflict now settling into a worryingly predictable rhythm. Erin Schaff/The New York Times “When you’re standing on the ground, you can’t visualize the scope of the destruction. Jim Huylebroek for The New York Times Kyiv, Ukraine, Feb. 25. We see the same images over and over, and it’s really hard to make anything different.” Kyiv, Ukraine, Feb 26.

☆ European Central Bank says bitcoin is on the 'road to irrelevance'
▼ + stars: | 2022-11-30 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

The European Central Bank gave a strong critique of bitcoin on Wednesday, saying the cryptocurrency is on a "road to irrelevance." "More likely, however, it is an artificially induced last gasp before the road to irrelevance — and this was already foreseeable before FTX went bust and sent the bitcoin price to well below USD16,000," they wrote. Bindseil and Schaff said that bitcoin didn't fit the mold of an investment and wasn't suitable as a means of payment, either. "Bitcoin's conceptual design and technological shortcomings make it questionable as a means of payment: real Bitcoin transactions are cumbersome, slow and expensive," they wrote. "Bitcoin has never been used to any significant extent for legal real-world transactions."

☆ Bitcoin is on the 'road to irrelevance' and its last gasp was already on the horizon before FTX's collapse, ECB officials say
▼ + stars: | 2022-11-30 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Bitcoin was heading for a dead-end even before the collapse of Sam Bankman-Fried's FTX, ECB officials wrote Wednesday. The recent price spike is likely an "artificial last gasp before the road to irrelevance," officials noted. "More likely, however, it is an artificially induced last gasp before the road to irrelevance – and this was already foreseeable before FTX went bust and sent the bitcoin price to well below $16,000." Despite the ongoing 'crypto winter', VC investments in the crypto and blockchain industry totalled $17.9 billion as of mid-July." And while the crypto industry faces growing calls for oversight, the ECB officials cautioned that regulation can be misunderstood as approval.

☆ A former anti-abortion leader says he was told the decision of the landmark 2014 Hobby Lobby contraception case weeks before the Supreme Court ruling was formally announced: NYT
▼ + stars: | 2022-11-19 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

An anti-abortion leader said he was told of the Supreme Court's 2014 Hobby Lobby ruling in advance, per The New York Times. According to Schenck, the outcome of the Hobby Lobby case was only known to a very small contingent of individuals. In the letter to Roberts, Schenck spoke of the process in which the revelation about the Hobby Lobby case played out. "As I recall, we talked about the Green family, owners of Hobby Lobby, and how they, too, would be interested in this information." Gayle Wright told The Times that she didn't pass on any information about the Hobby Lobby decision in advance.

☆ U.S. Supreme Court's Barrett again declines to block Biden student debt relief
▼ + stars: | 2022-11-04 | by ( Gram Slattery | ) www.reuters.com time to read: +1 min

[1/2] Judge Amy Coney Barrett testifies during the third day of her Senate confirmation hearing to the Supreme Court on Capitol Hill in Washington, DC, U.S., October 14, 2020. Barrett denied an emergency request by the Indiana borrowers, represented by a conservative legal group, to bar the U.S. Department of Education from implementing the Democratic president's plan to forgive debt held by qualified people who had taken loans to pay for college. Barrett on Oct. 20 denied a similar request by a Wisconsin taxpayers organization represented by another conservative legal group. The justice acted in the cases because she is the justice assigned to handle certain emergency requests from a group of states that includes Indiana and Wisconsin. Reporting by Nate Raymond in Boston; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

☆ Jill Biden holds the key to the nation's political future as her husband weighs re-election in 2024
▼ + stars: | 2022-10-27 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +16 min

"Joe Biden wouldn't have run in '20 if Jill Biden had not wanted him to run and he won't run in '24 if Jill Biden doesn't want him to run," he told Insider. President Joe Biden and first lady Jill Biden watch fireworks go off on national mall from the White House on July 4, 2022, in Washington, DC. Jill Biden divorced her first husband after five years and married Joe Biden two years later. First lady Jill Biden tours a classroom at the James Rushton Early Learning Center in Birmingham, Alabama, on April 9, 2021. President Joe Biden and first lady Jill Biden arrive at Joint Base Andrews in Maryland on May 18, 2022.

[1/2] Associate Justice Samuel Alito poses during a group photo of the Justices at the Supreme Court in Washington, U.S., April 23, 2021. Alito, speaking at an event organized by the conservative Heritage Foundation think tank in Washington, also condemned the leak last May of his draft opinion overturning the landmark Roe v. Wade decision that legalized abortion nationwide, saying it made the justices "targets." Everyone is free to strongly criticize the court's decisions or the reasoning behind them, Alito said. In blunt terms, Alito also commented on the man who was charged with attempted murder after being arrested near the Maryland home of conservative Justice Brett Kavanaugh in June. The conservative majority has shown an increasing willingness to take on divisive issues as it steers the court on a rightward path.

☆ Supreme Court Justice Samuel Alito told Ted Kennedy the legal basis ensuring abortion rights was 'settled' law in 2005, new book reveals
▼ + stars: | 2022-10-24 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

"I am a believer in precedents," the conservative Alito told Kennedy, the liberal Massachusetts Democratic senator wrote in his diary in November 2005, The New York Times reported. Farrell's new book, "Ted Kennedy: A Life," which features details of the diary entries, is being published Tuesday. Associate Justice Samuel Alito poses during a group photo of the Justices at the Supreme Court in Washington, April 23, 2021. "Judge Alito assured Mr. Kennedy that he should not put much stock in the memo," the Times reported. 'I was a younger person,' Judge Alito said.

Associate Justice Elena Kagan poses during a group photo of the Justices at the Supreme Court in Washington, U.S., April 23, 2021. Erin Schaff/Pool via REUTERS/File PhotoOct 21 (Reuters) - Liberal Justice Elena Kagan on Friday expressed hope that her colleagues on the conservative-dominated U.S. Supreme Court could get back to finding "common ground," saying it risked looking political by continuing to overturn legal precedents. Speaking at an event at the University of Pennsylvania, Kagan did not explicitly reference the Supreme Court's decision in June to overturn the landmark 1973 Roe v. Wade ruling that legalized abortion nationwide. Cases on the court's docket this term present opportunities for the court's conservative justices to flex their mussels further by weakening the landmark Voting Rights Act and barring the consideration of race in college admissions. "Time will tell whether this is a court that can get back to finding common ground, to ratcheting down the level of decision making so we can reach compromises," Kagan said.

☆ Poet Amanda Gorman, K-pop's Blackpink push global goals at U.N.
▼ + stars: | 2022-09-19 | by ( Michelle Nichols | ) www.reuters.com time to read: +2 min

UNITED NATIONS, Sept 19 (Reuters) - South Korean pop band Blackpink and American poet Amanda Gorman took to the United Nations stage on Monday to urge action on climate change and other global goals that include achieving gender equality and ending hunger and poverty. Register now for FREE unlimited access to Reuters.com RegisterGorman and Blackpink were taking part in an event to promote the 17 sustainable development goals created by the United Nations in 2015. Erin Schaff/Pool via REUTERSSpeaking via video, the four members of Blackpink - U.N. advocates for the sustainable development goals - urged people to decrease energy consumption, choose local produce and cut food waste. U.N. Secretary-General Antonio Guterres said various perils were pushing the sustainable development goals "further out of reach," describing the challenge of rescuing them as "immense." The perils we face are no match for a world united," Guterres said.

Search resuls for: "Schaff"

22 mentions found