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☆ These are the top 10 holdings of the Mormon church's $55 billion stock portfolio
▼ + stars: | 2024-05-15 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The investment arm of the Mormon church revealed some of its holdings in a 13F filing Wednesday. These are the top 10 holdings of the church's stock portfolio as of March 31. AdvertisementThe Church of Jesus Christ of Latter-day Saints has an investment portfolio of over $100 billion that includes $55 billion invested in publicly traded stocks. AdvertisementThe church, widely known as the Mormon church, reports its stock holdings on a quarterly basis, and a recent 13F filing revealed its top holdings as of March 31. These are the church's top 10 stock holdings at the end of the fourth quarter, as well as the changes in each position.

Persons: —, of Jesus Christ, Eli Lilly Vincent Kessler, Seth Wenig, Ethan Miller, Apple Justin Sullivan, Microsoft Satya Nadella, Sean Gallup Organizations: Service, of Jesus, Securities and Exchange Commission, Advisors, Reuters, JPMorgan AP, UnitedHealth, Mastercard Reuters, Nvidia, Microsoft, Getty

☆ Affordable internet gave Native Americans a way to preserve community and culture. Now it’s another broken promise
▼ + stars: | 2024-05-01 | by ( Brian Fung | ) edition.cnn.com time to read: +12 min

Within weeks, the two-year-old US Affordable Connectivity Program (ACP) is set to run out of funds, and Congress appears unlikely to authorize more. Even as many older and rural Americans may be thrust into financial hardship due to the ACP’s collapse, indigenous communities could fare even worse. Because tribal members can now work remotely, they are no longer forced to move away from their communities to seek opportunity, they told CNN. For example, Mitchell said, after decades of decline in Mohawk fluency, a growing number of tribal members are now involved in online language immersion. (AP Photo/Seth Wenig) Seth Wenig/AP/FileInstead, some say, the collapse of the ACP will become another stain on the US government’s centuries-long track record of breaking promises to tribal communities.

Persons: Kelly, ”, “, “ That’s, ” Kelly, Mike Johnson, Pennsylvania Democratic Sen, John Fetterman, Fetterman’s, Jonathan Nez, “ I’ve, Loren King, Geoffrey Starks, ” Starks, Allyson Mitchell, Mitchell, Nez, ” Nez, Derrick VanSoolen’s, Choctaw, ” VanSoolen, they’re, Bois, Randy Long, Gary Johnson, Paul, Seth Wenig, I’ll Organizations: Washington CNN, Mohawk, CNN, Connectivity Program, FCC, Pennsylvania Democratic, Federal Communications Commission, Treasury, US Federal Communications Commission, Mohawk Networks, Navajo, ACP, Emergency, Program, Choctaw Nation, Bois Forte, Paul Bunyan Communications Locations: St, Lawrence, New York, Canadian, Mohawk, America, Navajo, Oklahoma, Oklahoma , Arizona, New Mexico, Alaska, South Dakota, Arizona, Minnesota, Regis

☆ Opinion: Reversal in Harvey Weinstein case isn’t the demise of sex crimes prosecution
▼ + stars: | 2024-05-01 | by ( Deborah Tuerkheimer | ) edition.cnn.com time to read: +8 min

CNN —When a Manhattan jury found movie mogul Harvey Weinstein guilty of sex crimes in 2020, the verdict seemed to herald a new era of accountability. I was not shocked by the reversal, nor do I view this as the demise of sex crimes prosecution. New York's highest court overturned his sex crimes conviction last week. Another important innovation is the use of sex crimes experts to educate the jury — and in high-profile cases, the public. Join us on Twitter and FacebookIn this post-#MeToo age of sex crimes prosecution, I have described sex crimes experts as a needed if partial corrective to the credibility discount.

Persons: Deborah Tuerkheimer, Harvey Weinstein, Deborah Tuerkheimer Eileen Molony, Weinstein, I’m, “ untruthful, Seth Wenig, —, Weinstein hadn’t, Barbara Ziv, Ziv, ” Ziv Organizations: Northwestern University’s Pritzker School of Law, CNN, New, American Law Institute, of, Twitter, Facebook Locations: Manhattan, New York, California

☆ Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
▼ + stars: | 2024-04-26 | by ( Kif Leswing | ) www.cnbc.com time to read: +16 min

David Paul Morris | Getty Images News | Getty ImagesThe iPhone could have had an Intel chip inside. It would've made sense to use Intel chips, which ran on the best desktops at the time, including Apple's Macs. Braithwaite, who worked at Intel in the 1980s, said Intel's process engineers were the company's "crown jewels." Intel doesn't have a GPU competitor to Nvidia's AI accelerators, but it has an AI chip called Gaudi 3. For comparison, AMD expects about $2 billion in annual AI chip revenue.

Persons: Pat Gelsinger, Seth Wenig, Gelsinger, Biden, Nicholas Braithwaite, Akshara Bassi, It's, Steve Jobs, David Paul Morris, Apple, Paul Otellini, Walter Isaacson's, Otellini, Isaacson, Jobs, Apple didn't, Apple —, TSMC, Mikako Kitagawa, Joe Biden, Brendan Smialowski, Braithwaite, Gordon Moore, Moore's, Brian Krzanich, 7nm —, TSMC didn't, Jensen Huang, Josh Edelson, OpenAI, Gaudi, Intel's, it's, Bassi, CNBC's Jon Fortt Organizations: Intel, Taiwan Semiconductor Manufacturing Company, Nvidia, Micro Computer, Qualcomm, Broadcom, Texas Instruments, AMD, Apple, Celesta, Meta, Microsoft, Getty, Samsung, Gartner, Asus, AFP, Semiconductor, Engineers, SAP Center, Afp, Companies, Blackwell, Habana Labs, Gaudi, FactSet, U.S Locations: New York, American, U.S, Chandler , Arizona, California, San Jose , California, Taiwan, Columbus , Ohio

☆ Trump complains in latest hush-money delay bid that Manhattan already thinks he's guilty, and Michael Cohen keeps saying 'Donald von Shitsinpants'
▼ + stars: | 2024-03-30 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

This eleventh-hour effort to push back Trump's April 15 trial date is the latest of a half-dozen such requests since August. Bad polls, bad pressManhattan is not Trump country, the defense delay motion notes. AdvertisementPollsters surveyed a sample of 400 Manhattan residents, the delay motion says. Trump's motion implies that those sources were, or involved, Bragg, ignoring that the stories could have been sourced through multiple other individuals, including court staff, witnesses, and attorneys for witnesses. Advertisement"President Trump cannot get a fair trial in Manhattan County right now," the delay motion concludes, asking for unspecified adjournment "until prejudicial press coverage abates."

Persons: —, Donald, Trump's, Juan Merchan, It's, Trump, They've, pollsters, Michael Cohen, Cohen, Donald von shitsinpants, Donald Van, Donald Trump's, Says, Donald Trump, Eduardo Munoz, Stormy Daniels, Daniels, Stephanie Clifford, She's, Peacock, Norm, DONALD J, Matthew Colangelo, Colangelo, Juan Merchan AP, Seth Wenig, Merchan, Bob Moore, Jeb Bush's, Alvin Bragg Craig Ruttle, Attorney Alvin Bragg, Allen Weisselberg, Bragg Organizations: Service, New, Business, GOP, Defense, Moore Information Group, York County Clerk's, Trump fixer, Twitter, New York County Clerk's, FBI, REUTERS, Trump, Prosecutors, Moore, National Republican Senatorial Committee, Manhattan, Attorney, Trump Organization Locations: Manhattan, York County, New York County, New York City, U.S, Trump, Manhattan County

☆ How Donald Trump, Joe Biden and grassroots liberals could upend Democratic politics in one of the country’s bluest states
▼ + stars: | 2024-03-24 | by ( Gregory Krieg | ) edition.cnn.com time to read: +17 min

Menendez announced Thursday that he would not run for reelection in the Democratic primary but again left open the possibility of an independent bid this summer. New Jersey Rep. Andy Kim greets supporters outside the Bergen County Democratic convention in Paramus on March 4, 2024. “Corrupt systems like the ‘county line’ in New Jersey (is) an enemy because that dissuades folks from actually getting involved. Kim speaks to delegates during the Bergen County Democratic convention in Paramus, New Jersey, on March 4, 2024. In Camden County, where the local boss keeps a tighter grip, video of another Senate candidate, progressive Patricia Campos-Medina, being blocked from entering the county Democratic convention went viral.

Persons: Andy Kim, Donald Trump, Joe Biden, Tammy Murphy, Kim, Murphy, Sen, Bob Menendez, Menendez, Phil Murphy, Seth Wenig, Olivia Liu, –, Trump, ”, Julia Sass Rubin, Rubin, ” Rubin, Sue Altman, ” Altman, Goldman Sachs, Cori Bush, Ezra Levin, Levin, ” Levin, isn’t MAGA, don’t, we’ll, Altman, Zahid Quraishi’s, ” “ I’m, ” Kim, “, Kim’s, Alexandra Altman, Katey Sabo, Matt Platkin, Platkin, Governor Murphy, ” Murphy, Mahen Gunaratna, Patricia Campos, Rachel Hodes, ” Hodes, Steven Fulop, ” Fulop, “ I’ve Organizations: Jersey City , New Jersey CNN, Democratic, Garden State, Democrats, Capitol, New, . New, . New Jersey Rep, Bergen County Democratic, Tammany Hall of, New Jersey Democratic, ”, Asbury Park Press, USA, Though New, Though New Jersey Democrats, Congressional, Democratic National Committee, Justice Democrats, Democratic Party, Families Alliance, CNN, –, Hoboken Democrats –, Hudson County Democratic Organization, Hoboken Democratic, Hoboken Democrats, Jersey City, Senate, New Jersey Republicans Locations: Jersey City , New Jersey, Trenton, South Jersey, New Jersey, Garden, ., . New Jersey, Bergen County, Paramus, Siberia, Long Branch , New Jersey, Rutgers, enmesh, Though, Though New Jersey, Alexandria, Cortez, New York, Missouri, Paramus , New Jersey, Jersey, Kim’s, Morris, Atlantic, Camden County, Medina, Hoboken

☆ Trump's lawyers dance for him when he's in the courtroom. At a criminal trial, that could torpedo his chances of winning.
▼ + stars: | 2024-03-24 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +15 min

And at a criminal trial, causing a ruckus can bring its own consequences. In a criminal trial, Trump, along with his eager-to-please lawyers, must attend every day. he quipped in response to an argument from one of Trump's lawyers. Technically, Trump faces a maximum of four years in prison for each count he's charged with in his criminal case. The criminal trial will give Trump a chance to hold multiple campaign-boosting rallies before the hallway cameras each day.

Persons: —, Donald Trump, they're, Trump, he's, Jean Carroll, Juan Merchan, Carroll, Roberta Kaplan, Carroll's, Arthur Engoron, shrewdly, TIMOTHY A, CLARY, Stormy Daniels, Melania Trump, Kaplan, Eliza Orlins, Orlins, there's, Susan Necheles, Steven Hirsch, Maggie Haberman's, huff, Lewis Kaplan, Alina Habba, Randy Zelin, they've, Engoron, Letitia James of, York —, Kaplan quizzed, Merchan, He's, Donald Trump's, Seth Wenig Merchan, Prosecutors, Zelin, OJ, I'm Organizations: Service, Secret Service, Business, Trump, New York, sophistry, Attorneys, Getty, Manhattan Criminal, Trump Organization, New York Times, Truth, New, AP, Merchan Locations: Manhattan, New York, New York City, Brooklyn, York, America, U.S, Trump

☆ Sam Bankman-Fried's parents are begging a judge to keep him out of prison, warning their son's social awkwardness could put him in 'extreme danger'
▼ + stars: | 2024-02-28 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +12 min

Bankman-Fried's lawyers filed a sentencing submission, asking for a prison sentence of no longer than 78 months — or six-and-a-half-years. The US Probation Office, which issues sentencing reports that judges typically rely on, recommended 100 years behind bars — which Bankman-Fried's lawyers called "barbaric." Advertisement"That recommendation is grotesque," Bankman-Fried's lawyers wrote. Sam Bankman-Fried's approach to veganism illustrated both his selflessness and awkwardness, his younger brother, Gabriel Bankman-Fried, wrote in a letter to the judge. In the sentencing submission, Bankman-Fried's lawyers argue that "the most reasonable estimate" for how much his victims lost was "zero."

Persons: —, Sam Bankman, Barbara Fried, Joseph Bankman, Gabriel Bankman, neurodiversity, Sam, Bankman, Lewis Kaplan, Fried, Jane Rosenberg, FTX, Michael M Santiago, Carmine Simpson, Simpson, That's, Gabriel, Seth Wenig, Marc Mukasey, Torrey Young, weren't, Barbara Fried —, John J, Ray III, John Ray Organizations: Service, Business, US, Prosecutors, Alameda Research, Office, Stanford Law, MIT, Wall, of Prisons, San, United, AP Locations: Manhattan, FTX, Brooklyn, Bahamas

☆ Jon Stewart says the Israel-Gaza solution could be a DMZ governed by an Arab NATO. Some experts say it's a pipe dream.
▼ + stars: | 2024-02-28 | by ( Matthew Loh | ) www.businessinsider.com time to read: +9 min

The DMZ would be enforced by an alliance of Arab countries, much like the North American Treaty Organization, Stewart said. While tongue-in-cheek, Stewart's solution isn't a new concept, experts on the Middle East told Business Insider. Advertisement"But really, Jon is conflating a Middle East 'NATO' with something else. Ironically, the very concept of the two-state solution could extend his political life, said Lord. "But only as part of a credible political process working toward a two-state solution, but unfortunately, this is something that the Israeli government rejects. "

Persons: Jon Stewart, Stewart, —, That's, let's, Jonathan Lord, Jon, Anna Jacobs, Jacobs, William Wechsler, Wechsler, It's, it's, Luiz Inacio Lula da Silva, Mohamed Chtatou, Chtatou, Israel, Weeks, Benjamin Netanyahu, Spencer Platt, Bibi, Mahmoud Abbas, Seth Wenig, Abbas, Lord Organizations: NATO, Service, American Treaty Organization, Treaty Organization, East, Business, Trump, East Strategic Alliance, Middle East Security, Center, New, New American Security, Getty, United, Rafik Hariri Center and Middle, Atlantic Council, United Nations, League, AFP, Mohammed V University, Palestinian Authority, West Bank, BI Locations: Israel, Gaza, Arab, Palestine, NATO, New American, Washington, DC, East, Iran, Gulf, Qatar, Belgium, Anadolu, United Arab Emirates, Morocco, Bahrain, Saudi Arabia, Jordan, Egypt, Rafik, United States, Cairo, Rabat, Europe, Korea, Palestinian

☆ Analysis: Taylor Swift would win any popularity contest against MAGA
▼ + stars: | 2024-02-18 | by ( Harry Enten | ) edition.cnn.com time to read: +12 min

Taylor Swift performs at the Staples Center in Los Angeles in 2015. From Taylor Swift On her birthday in 2019, Swift shared this photo of herself as a child. From Taylor Swift A 13-year-old Swift sings the National Anthem before an NBA game in Philadelphia in 2002. John Mabangalo/Pool/Getty Images Swift performs during a sold-out show at New York's Madison Square Garden in 2009. Ethan Miller/Getty Images Swift performs onstage at the Staples Center in Los Angeles during her 1989 tour in 2015.

Persons: CNN — It’s, Donald Trump, Taylor Swift, Joe Biden’s, Swift, she’s, Trump, Oprah Winfrey, Michael Smerconish, Winfrey, Barack Obama, Obama, Hillary Clinton, Christopher Polk, Scott, Andrea Swift, Jesse D, Tim McGraw, Kevin Winter, John Mabangalo, Chad Batka, Bryan Bedder, Larry Busacca, Miley Cyrus, Lucas Till, Hannah Montana, Sam Emerson, Everett, Jonas, Frank Masi, Taylor, I'm, West, Beyonce, Jeff Kravitz, Lucy Nicholson, Christopher Morris, Josh Haner, Kevin Mazur, James Taylor, Charles Sykes, Matt Sayles, Mark J, Terrill, Invision, Jimmy Fallon, Douglas Gorenstein, Nicholas Harvey, Kanye West, Kim Kardashian, Laraine Newman, Bill Hader, Taran Killam, Kristen Wiig, Keenan Thompson, Fred Armisen, Kerry Washington, Betty White, Bradley Cooper, Dana Edelson, Andrea, Ethan Miller, Tim Boyles, Selena Gomez, Jordan Strauss, Mike Coppola, John Shearer, Andrew Lloyd Webber, Brandon Urie, Katy Perry, Republic Records Jack Antonoff, Aaron Dessner, Will Heath, Seth Wenig, Terence Rushin, Travis Kelce, Patrick Smith, propping, It’s, birther, There’s Organizations: CNN, Monmouth University, Marist College, Trump, Democratic, Biden, Staples Center, NBA, of Country, Garden, New York Times, New York's Rockefeller Center, Walt Disney Co, Kanye, Madison, MTV, NBC, ACM, Academy of Country, Getty, New York's Metropolitan Museum of Art, Universal Pictures, Coachella, Republic Records, New York University, Kansas City Chiefs, Chiefs, AFC, Super, Swift, Republicans, NFL, Republican Locations: America, Monmouth, Los Angeles, West Reading , Pennsylvania, Philadelphia, Las Vegas, New York, Auburn Hills , Michigan, Newark , New Jersey, Pennsylvania, Frankfurt, Germany, London, Arlington , Texas, Tampa, Chicago, Atlanta, United States, Hawaii

“What we’ve seen with the Taylor Swift tour is something that we’ve not really seen before,” said Richard Clarke, an analyst at investment firm Bernstein. Taylor Swift performs at the Staples Center in Los Angeles in 2015. From Taylor Swift On her birthday in 2019, Swift shared this photo of herself as a child. From Taylor Swift A 13-year-old Swift sings the National Anthem before an NBA game in Philadelphia in 2002. John Mabangalo/Pool/Getty Images Swift performs during a sold-out show at New York's Madison Square Garden in 2009.

Persons: Tokyo CNN —, Taylor, Travis Kelce, Taylor Swift, we’ve, ”, Richard Clarke, Bernstein, “ It’s, TikTok she’d, curating, Kane Ishiyone, Swift, –, Ishiyone, Richard A, Brooks, Clarke, “, that’s, Christopher Polk, Scott, Andrea Swift, Jesse D, Tim McGraw, Kevin Winter, John Mabangalo, Chad Batka, Bryan Bedder, Larry Busacca, Miley Cyrus, Lucas Till, Hannah Montana, Sam Emerson, Everett, Jonas, Frank Masi, I'm, West, Beyoncé, Jeff Kravitz, Lucy Nicholson, Christopher Morris, Josh Haner, Kevin Mazur, James Taylor, Charles Sykes, Matt Sayles, Mark J, Terrill, Invision, Jimmy Fallon, Douglas Gorenstein, Nicholas Harvey, Kanye West, Kim Kardashian, Laraine Newman, Bill Hader, Taran Killam, Kristen Wiig, Keenan Thompson, Fred Armisen, Kerry Washington, Betty White, Bradley Cooper, Dana Edelson, Andrea, Ethan Miller, Tim Boyles, Selena Gomez, Jordan Strauss, Mike Coppola, John Shearer, Andrew Lloyd Webber, Brandon Urie, Katy Perry, Republic Records Jack Antonoff, Aaron Dessner, Will Heath, Seth Wenig, Terence Rushin, David Eulitt, Mitsumasa Etou, Akazawa, haven’t, It’s, Michele Bullock Organizations: Tokyo CNN, People, Kansas City Chiefs, Taylor, Getty, Super Bowl, Chicago Bears, dateline, Vegas, Staples Center, NBA, of Country, Garden, New York Times, New York's Rockefeller Center, Walt Disney Co, Kanye, Madison, MTV, NBC, ACM, Academy of Country, New York's Metropolitan Museum of Art, Universal Pictures, Coachella, Republic Records, New York University, Arrowhead, Chiefs, NET, Tokyo City University, Fuji, Tokyo, Reserve Bank of Australia, Reuters Locations: Tokyo, Las Vegas, Philippines, Fukuoka, Japan, Germany, Austria, Netherlands, Shibuya, AFP, Asia, Washington, Las Vagas, Los Angeles, West Reading , Pennsylvania, Philadelphia, New York, Auburn Hills , Michigan, Newark , New Jersey, Pennsylvania, Frankfurt, London, Arlington , Texas, Tampa, Chicago, Atlanta, Kansas City , Missouri, Asia Pacific, Singapore, Australia, East Coast

☆ ‘Save the Whales’ was a shining success. Now can humpbacks save us from ourselves?
▼ + stars: | 2024-02-04 | by ( Bill Weir | ) edition.cnn.com time to read: +15 min

Antarctic Peninsula CNN —About 15 billion miles from where you sit, two 12-inch golden records are hurtling through outer space with multilingual greetings to the universe from 55 humans and one humpback whale. WWF's Johnson said the whales are not harmed by this -- to the whales, the dart feels like "a mosquito bite." It feels like “a mosquito bite” to the whales, Johnson said, but what they can test for is priceless: from stress hormones to toxins to — most importantly — pregnancy rates. Ten million copies were inserted into National Geographic magazine in 1979 — the largest single pressing in history — and a global movement to Save The Whales grew big enough to … save the whales. Seth Wenig/AP“I don’t think a wind turbine can kill a whale,” Friedlaender told CNN.

Persons: Anderson Cooper, Carl Sagan, ” Sagan, could’ve, “, Ari Friedlaender, Friedlaender, ”, Chris Johnson, ” Eva Prendergast, WWF's Johnson, Evelio Contreras, Bill Weir, Johnson, ” Friedlaender, Shepherd, WWF’s Johnson, Roger, Katy Payne, David Keyton, Frank Watlington, cetologist Scott McVay, Donald Trump, ” Trump, Seth Wenig, that’s, Biden, ” Johnson, Twain, CNN “, ” Brenda McCowan, Fred Sharpe, ” McCowan, ’ ” Sharpe, Natalia Botero, Acosta, ’, Maria Camila Medina Martínez, Julian Quinones, ” Carl Sagan Organizations: Antarctic Peninsula CNN, “, ” CNN CNN, University of California, International Monetary Fund, World Wildlife Fund, Ocean Endeavor, CNN, UC Santa Cruz, Shepherd Global, Norwegian Aker, United Nations, Geographic, Whales, International Whaling Commission, Atlantic, Republican, Templeton Foundation, Whale SETI, UC Davis Locations: Santa Cruz, Colombia, British, Antarctica, Norwegian, Southern, Orkney, Bermuda, Japan, Norway, Iceland, Atlantic, South Carolina, Lido Beach , New York, Davis, Alaska, Columbia, Colombian, Tribuga, United Nations, Palau, Chile, Maldives

☆ Trump claimed his E. Jean Carroll defamations were the best thing that ever happened to her. Here's how the grotesque tactic met its end.
▼ + stars: | 2024-01-28 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

AdvertisementE. Jean Carroll surrounded by her defense team after winning an $83 million defamation verdict against Donald Trump. That's because "such benefits are irrelevant as a matter of law," Carroll attorney Joshua Matz wrote to Judge Kaplan. Donald Trump attends the E. Jean Carroll defamation trial in New York with attorney Alina Habba. Carroll attorney Joshua Matz thought not. In her closing arguments, Habba, Trump's lead attorney, argued that Carroll "is a woman who was exuberant and enjoying newfound attention."

Persons: —, Donald Trump, Jean Carroll, — hasn't, Carroll, Brendan McDermid, Kathy Griffin, Alina Habba, Habba, Alyssa Milano, Jamie Lee Curtis, Rob Reiner, she'd, I've, Lewis Kaplan, Trump, Kaplan, deducting, Freeman, Giuliani, Rudy Giuliani, — Ruby Freeman, Wandrea, Moss —, Joshua Matz, Judge Kaplan, Gross, Jane Rosenberg, Michael Madaio, Madaio, Lewis Kaplan Jane Rosenberg, Matz, " Matz, he'd, There'd, Seth Wenig, Roberta Kaplan —, Donald Trump's, she's, Trump's, Jean Carroll's, Carroll's, Shawn Crowley Organizations: Service, Business, Carroll, US, Trump, Trump haters, Reuters Locations: Florida, York, Manhattan, Georgia, New York, United States

☆ New York Plans to Spend Billions More on Migrant Crisis
▼ + stars: | 2024-01-16 | by ( Jimmy Vielkind | ) www.wsj.com time to read: 1 min

New York Gov. Kathy Hochul will include at least $1.9 billion of migrant spending in her budget. Photo: Seth Wenig/Associated PressALBANY, N.Y.—New York state officials said they would direct another roughly $2 billion to fund the cost of caring for migrants in New York City, adding to the fiscal toll of a crisis that has overwhelmed the city’s normal network of homeless shelters. Kathy Hochul and New York Mayor Eric Adams on Tuesday will unveil proposed budgets for the next fiscal year. Particularly in the city, the cost of caring for tens of thousands of migrants who have come to New York, usually after crossing the southern border illegally, has come to dominate municipal spending calculations.

Persons: Kathy Hochul, Seth Wenig, Eric Adams Organizations: New York Gov, Associated Press, New York Locations: Associated Press ALBANY, N.Y, —, York, New York City, New, New York

☆ One country dominated clean energy growth this year, and it isn't the US, UK, or Germany. It's China, by a landslide.
▼ + stars: | 2023-12-27 | by ( Associated Press | ) www.businessinsider.com time to read: +11 min

In the United States, California continues to have the most solar energy, followed by Texas, Florida, North Carolina, and Arizona. China was one of the few growing markets this year for wind, the Global Wind Energy Council said. Faster permitting and other improvements in key markets such as Germany and India also helped add more wind energy. The top three markets this year are still China, the United States, and Germany for wind energy produced on land, and China, the United Kingdom, and Germany for offshore. The analysts are predicting that the global industry will rebound next year and make nearly 12% more wind energy available worldwide.

Persons: Mohammed bin Rashid Al Maktoum, Joshua A, Bickel, it's, Michael Taylor, IRENA, Karim Shahi, Rafiq Maqbool, Daniel Bresette, Bresette, Abigail Ross Hopper, Wood, Wood Mackenzie, Julia Nikhinson Construction, John Hensley, Seth Wenig, Hau Dinh, Evan Hartley, Paul Braun, John Eichberger, Daan Walter Organizations: Service, International Energy Agency, Business, IEA, United Arab Emirates, Climate, AP, International Renewable Energy Agency, Arizona . Workers, Energy Limited's, Energy, Environmental, Energy Study Institute, Solar Energy Industries Association, Global Energy Monitor, Wind Energy, Clean Power, Workers, Atlas Public, Benchmark Mineral Intelligence, Benchmark, University of Illinois, Panasonic, Toyota, Health, General Motors Co, LG Energy, Transportation Energy Institute, Rocky Mountain Institute Locations: Germany, Spain, Mohammed, Dubai, United, Bickel China, Europe, United States , California, Texas , Florida, North Carolina, Arizona, Karim, Khavda, Bhuj, India, Pakistan, Gujarat, China, Wood Mackenzie, Montauk Point , New York, Asia, United States, State, New London, Conn, United Kingdom, Hai Phong, Vietnam, Kansas, Ohio

☆ Meet Allison Greenfield, the law clerk driving Trump bonkers at his fraud trial
▼ + stars: | 2023-12-03 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +18 min

In Donald Trump's civil fraud trial, however, his attorneys have spent a disproportionate amount of time — and ire — on Allison Greenfield, the judge's principal law clerk. Notes and whispersDuring the trial, Greenfield is quiet. AP Photo/Seth WenigBecause of the enormous public interest in the Trump trial, it's held in the New York civil court's large ceremonial courtroom. AdvertisementEarly in the trial, Engoron issued a gag order forbidding Trump — and later his attorneys — from disparaging his staff, including Greenfield, citing numerous threats. A New York Law Department representative said a list of her cases was "not readily available."

Persons: Donald Trump, Arthur Engoron's, Allison Greenfield, —, Donald Trump's, Arthur Engoron, Letitia James, — Engoron, James, Alina Habba, Habba, James didn't, Hillary Clinton, Greenfield, Engoron, Christopher Kise, Clifford Roberts, Jesus M, Suarez, Trump, Chris Kise, Seth Wenig Greenfield, interposes, Alison R, Democratic Sen, Chuck Schumer, Schumer, they're, Seth Wenig, it's, It's, Trump's, Ruth B, Kraft, Falcon Rappaport, Berkman, Engoron's, hasn't, she'd, Images Greenfield, George B, Daniels, Bill Clinton, Jaffe & Asher, Gregory Galterio, Jaffe, Cardozo, Johnny Depp, Amber Heard, Anna Sorokin, Anna Delvey, Sorokin, Donald Trump Jr, Brendan McDermid, he's, — Greenfield, Greenfield didn't, Kise, Laura Italiano Organizations: Service, New, Trump —, Trump Organization, AP, Democrat, Republican Party, Democratic, Trump, Falcon, Truth, Images, Cardozo School of Law, New York University, US, Jaffe &, New York Police Department, New York Law, Engoron, American Civil Liberties Union, Business, Democratic Party, West Side Democrats, Grand Street Democrats, Hell's, Democrats, Village Independent Locations: Greenfield, New, Manhattan, New York, Engoron, York, SLU

☆ Donald Trump has worst day yet in NY civil fraud trial as underling's scribbled note ties him to conspiracy
▼ + stars: | 2023-11-21 | by ( Laura Italiano | ) www.businessinsider.com time to read: +9 min

The Trump civil fraud trial is now in its eighth week in New York. A handwritten note that implicates Donald Trump in his NY fraud trial. Donald Trump attends his New York civil fraud trial. Trump speaking to reporters outside the courtroom during his civil fraud trial in New York. And in a pre-trial deposition, he denied knowing who had written, "DJT to get final review" on that 2014 draft.

Persons: Jeffrey McConney, McConney, —, Donald Trump, Trump, Letitia James, Donald Trump's, Seth Wenig, Andrew Amer, Amer, Eric Trump, Allen Weisselberg, James, Weisselberg, — McConney, Mazars, Arthur Engoron, McConney's, Jesus Suarez, he'd, Mark Hawthorn Organizations: Trump, Service, Trump Organization, Trump Org's, NY, New York, White House, Trump Org, AP, Mazars, General's, Trump Hotels Locations: New York, York, Mazars USA, Weisselberg

☆ Not having a jury has turned Trump's fraud trial into an ugly screwball comedy
▼ + stars: | 2023-11-16 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +13 min

Trump's lawyers complain to New York Supreme Court Justice Arthur Engoron that their gag order prevents them from complaining more. With no jury, Trump is the audienceThe trial is a bench trial, meaning there's no jury. he quipped to one of Trump's lawyers, Christopher Kise, who had objected to one of his rulings about how to structure several questions. AdvertisementJudge Arthur F. Engoron presides over former President Donald Trump's civil business fraud trial at the New York Supreme Court. Trump's lawyers have hemmed and hawed about Greenfield, Engoron's principal law clerk, who has donated to Democratic politicians.

Persons: Trump's, there's, —, Donald Trump, Arthur Engoron, Michael Cohen's, Trump, Letitia James, Engoron, James, Eric Trump, Donald Trump , Jr, Allen Weisselberg, Jeff McConney —, Jamie White, litigator, who's, White, Alina Habba, Christopher Kise, Seth Wenig Engoron, Kise, He's, Randy Zelin, Hillary Clinton, Engoron's, Allison Greenfield, — Trump, Arthur F, Donald Trump's, Mike Segar, Jean Carroll, Carroll, defaming, Trump —, Lewis Kaplan, Kaplan, Donald Trump Jr, David Dee Delgado, Zelin, he's Organizations: Service, Trump Organization, New York, York, AP, US Justice Department, Cornell Law School, Fox News, New York Supreme, Trump, Democratic Locations: York, Manhattan, New, New York, earshot, Greenfield, Woodstock

☆ Yellen: Indo-Pacific allies should not have to choose between US, China
▼ + stars: | 2023-11-02 | by ( David Lawder | ) www.reuters.com time to read: +5 min

Janet Yellen, United States Secretary of Treasury, participates in global infrastructure and investment forum in New York, Thursday, Sept. 21, 2023. Yellen said the U.S. instead was pursuing the "de-risking and diversifying" of its economic ties to China, by investing in manufacturing at home and by strengthening linkages with allies and partners around the world, including Indo-Pacific countries. TRADE, INVESTMENT LINKSYellen said the Biden administration was committed to expanding trade and investment with Indo-Pacific countries, emphasizing the region's strategic importance ahead of the APEC gathering. The Indo-Pacific is a dynamic and rapidly growing region. "And achieving resilience through partnering with Indo-Pacific countries means gains for Indo-Pacific economies as well," Yellen said.

Persons: Janet Yellen, Seth Wenig, Yellen, White, Joe Biden, Xi Jinping, Biden, Donald Trump, David Lawder, Diane Craft Organizations: Treasury, Rights, . Treasury, Asia Pacific Economic Cooperation, Asia Society, APEC, Prosperity, Thomson Locations: United States, New York, U.S, China, San Francisco, IPEF, Vietnam

☆ Trump kid says the darnedest things: Donald Trump, Jr. gives guarded, sometimes flip, testimony at fraud trial
▼ + stars: | 2023-11-01 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Donald Trump, Jr., was well-spoken, but guarded during 90 minutes of testimony on Wednesday. He cracked a couple of jokes and protected his father during week 5 of the Trump civil fraud trial. Eric Trump testifies next, with Ivanka Trump and Donald Trump scheduled for next week. Donald Trump, Jr., jokes he "should have worn makeup" while photographed at the defense table in the Trump civil fraud trial in New York. Ivanka Trump was once a defendant in the AG case, along with Donald Trump, Donald Trump Jr., and Eric Trump.

Persons: Donald Trump , Jr, Trump, Eric Trump, Ivanka Trump, Donald Trump, —, Donald J, Jr, Colleen Faherty, I'm, Faherty, Letitia James, James, Alina Habba, Seth Wenig, Donald Trump Jr Organizations: Service, New, Trump Revocable Trust, Trump, ocable, Trump Organization Locations: Manhattan, New York

☆ US lawmakers urge Yellen to speed up China outbound investment rules
▼ + stars: | 2023-10-31 | by ( Michael Martina | ) www.reuters.com time to read: +2 min

Janet Yellen, United States Secretary of Treasury, participates in global infrastructure and investment forum in New York, Thursday, Sept. 21, 2023. Seth Wenig/Pool via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Oct 31 (Reuters) - The Republican and Democratic leaders of a U.S. congressional committee on China urged Treasury Secretary Janet Yellen to urgently implement outbound investment restrictions on the country, warning that Beijing was using American capital to develop technologies as her department debated new rules. China has condemned the move, but some U.S. lawmakers have argued it has too many loopholes. Yellen should adopt a broad definition of technology in her guidelines on the investment restrictions, the lawmakers said in the letter, dated Oct. 30, arguing China had blurred the lines between commercial and military technology. Some U.S. officials have said the outbound investment rules should not be overly broad to avoid harming the U.S. economy.

Persons: Janet Yellen, Seth Wenig, Joe Biden, deliberates, Mike Gallagher, Raja Krishnamoorthi –, Gallagher, Krishnamoorthi, Michael Martina, Sandra Maler Organizations: Treasury, Rights, Republican, Democratic, Chinese Communist Party, CCP, U.S, Biden, Thomson Locations: United States, New York, China, Beijing, U.S

☆ See photos of the last prison ship still operating in the US. The 5-story vessel is slated to close this week.
▼ + stars: | 2023-10-31 | by ( Associated Press | Haley Tenore | ) www.businessinsider.com time to read: +9 min

America's last functional prison ship, New York's Vernon C. Bain Correctional Center, is closing. The Vernon C. Bain Correctional Center was originally meant to solve overcrowding at Rikers Island. Vernon C. Bain currently houses 500 incarcerated people, though it has 800 beds. Inmates can be seen playing basketball on the Vernon C. Bain court. It's unclear what the future for the Vernon C. Bain Correctional Center is after inmates are all transferred out.

Persons: New York's Vernon C, —, Kenneth Williams, Williams, Vernon C, Seth Wenig, United States —, Bain, Gregory Acevedo, Stephan Khadu, Darren Mack, Gary Hershorn, who've, David Dee Delgado, Edward Koch, Khadu, Joseph B, Frederick, Lezandre Khadu, Stephan Khadu's, Rudy Giuliani, David Howells, Corbis, Latima Johnson, Johnson Organizations: Bain Correctional Center, Service, New York City's, Bain Correctional, AP, Department of Correction, Bain, New, New York, Getty Images Locations: New York's, Brooklyn, New, Bronx, United States, New York, Rikers, New York City, California, South Bronx, —

☆ Israel-Hamas war: Here’s why Israel’s ground offensive in Gaza hasn’t happened yet
▼ + stars: | 2023-10-26 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +8 min

Ashkelon, Israel’s border with Gaza CNN —The lines of tanks, self-propelled artillery, armoured vehicles and army bulldozers stretch across the horizon near Israel’s border with Gaza. Israeli tanks are seen positioned near the border with Gaza, in southern Israel, on October 22. Gaza has been under blockade by Israel and Egypt for years, but after the Hamas attack, Israel also cut off its electricity, food, water and fuel supplies. The brutality of the Hamas attack sparked a huge wave of solidarity among Israel’s allies. Meanwhile on the Gaza border, the troops remain ready.

Persons: Violeta Santos Moura, Reuters Yocheved Lifshitz, Alexi J . Rosenfeld, –, Joe Biden, Rishi Sunak, Olaf Scholz, Emmanuel Macron, Biden, Israel, Hassan Nasrallah, Stephane Dujarric, General António Guterres, Guterres ’, Antonio Guterres, Seth Wenig, Benjamin Netanyahu, Netanyahu, ”, “ Organizations: Gaza CNN, Israel Defence Forces, Hamas, IDF, Reuters, Ichilov, Getty, British, CNN, UN, United, United Nations, UN Security, AP Australia, European Union, European Council Locations: Ashkelon, Israel’s, Gaza, Israel, Mexico, Brazil, United States, Germany, Thailand, Tel Aviv, United Nations, jazeera, gaza, Lebanon, Iran, Jihad, United, Egypt, European

☆ Gaza: UN agency warns its fuel to run dry on Wednesday as Palestinian officials say 700 killed in a single day
▼ + stars: | 2023-10-25 | by ( Helen Regan | ) edition.cnn.com time to read: +8 min

Gaza needs at least 160,000 liters (42,267 gallons) of fuel a day for basic necessities, UNRWA spokesperson Juliette Touma said. Just eight out of 20 aid trucks scheduled to cross into Gaza on Tuesday made the journey, UNRWA said. The Israel Defense Forces (IDF) on Tuesday ruled out any fuel being allowed to enter Gaza, saying Hamas would co-opt fuel for its operational infrastructure and to continue its rocket attacks. In the wake of the assault, Israel launched a sustained aerial bombardment of Gaza that Palestinian health officials say has now killed more than 5,000 people. An aid truck arrives at a UN storage facility as the conflict between Israel and Hamas continues, in central Gaza on October 21, 2023.

Persons: Juliette Touma, Mustafa Hassona, General Herzi Halevi, “, ”, Mohammed Salem, General António Guterres, ” Guterres, Guterres, Antonio Guterres, Seth Wenig, Gilad Erdan, Eli Cohen, ” Cohen, John Kirby, –, Cohen, Benjamin Netanyahu Organizations: CNN, United Nations, Vital, UN, Israel, UN Relief and Works Agency for Palestine Refugees, Nasser Hospital, Getty, World Health Organization, WHO, Israel Defense Forces, Hamas, Palestinian Ministry of Health, UN Security, Guterres, Twitter, US, National Security, Foreign, Israeli Locations: Gaza, East, Rafah, Khan Yunis, Anadolu, Israel, UN, Ramallah, “, United States, Qatar, Egypt, Iraq

☆ 'I'd been suicidal for days': Sam Bankman-Fried lieutenant testifies about immense pressure to keep FTX crypto scam going — before it all crashed
▼ + stars: | 2023-10-17 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +13 min

He testified at the Sam Bankman-Fried trial that he was 'suicidal' over the crypto scam. AdvertisementAdvertisement"I've always been intimidated by Sam," Singh testified Monday. Before the September 2022 realization that Alameda was taking FTX customer money, Singh had participated in fraudulent activity in other ways. When he returned, the FTX CEO told Singh that he believed he could get $5 billion more in investments, Singh testified. As the chaos continued to roil FTX, Bankman-Fried, Ellison, and other executives pointed fingers at each other while employees and customers demanded answers, Singh said.

Persons: Nishad Singh, Sam Bankman, —, Singh, Gary Wang, Caroline Ellison, Wang, Fried, unsurprised, Ellison —, Ellison, FTX wouldn't, he'd, Gabe Bankman, Adam Yedidia, Singh —, Ryan Salame —, Singh's, Sam, FTX, Mary Altaffer, Anthony Scaramucci, Seth Wenig, Salame —, funneling, Coindesk, FTX —, Binance, Jane Rosenberg Bankman, Bankman, I'd, roil Organizations: Service, Alameda Research, Bankman, Alameda, AP, Democratic, Prosecutors, REUTERS Locations: Alameda, FTX, Bahamas, Manhattan, New York, Bankman

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