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U.S. economy far from the 'worst-case scenario,' analyst says
  + stars: | 2024-08-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. economy far from the 'worst-case scenario,' analyst saysShelby McFaddin, senior analyst at Motley Fool Asset Management, weighs in on the state of the U.S. economy and the outlook for consumers.
Persons: Shelby McFaddin Organizations: U.S Locations: U.S
That’s why, he said, he invested in AppHarvest, a startup that promised a high-tech future for farming and for the workers of Eastern Kentucky. Despite promising local jobs, the company eventually began contracting migrant workers from Mexico, Guatemala and other countries, numerous former employees told CNN. After about a week on the job, Vance took a meeting with AppHarvest founder Jonathan Webb, as Webb later recounted in a Fox News podcast interview. The company’s health care benefits attracted Morgan, a single father, who told CNN he took a pay cut to join the startup. Such comments ring hollow to some former AppHarvest workers, who argue Vance’s rhetoric as a candidate for vice president doesn’t align with the reality they experienced.
Persons: JD Vance, Vance, “ It’s, it’s, ” Vance, AppHarvest, Donald Trump’s, Kentuckians Vance, weren’t, , Anthony Morgan, , Luke Schroeder, AppHarvest’s, JD, Jonathan Webb, Webb, Peter Thiel’s, Thiel, Steve Case, Vance “, Morgan, ” Morgan, ’ ” Anthony Morgan, Shelby Hester, Hester, ” Hester, Grist, Andrew Miller, David Attenborough, Bethany, Gary Broadbent, “ AppHarvest, Mitch McConnell, Hester’s, Mitch Smith, bigwigs, CNN AppHarvest, Martha Stewart, Broadbent, doesn’t Organizations: CNN, Fox, Republican, US Department of Labor, PayPal, AOL, Fox News, AppHarvest, Morehead State University, Workers, Kentucky’s Education, Labor Cabinet, Kentucky Center, Investigative, Kentucky Republican, Securities and Exchange Commission, Retirement Association, Senate, Republican National Convention Locations: AppHarvest, Eastern Kentucky, Kentucky, Mexico, Guatemala, Ohio, Silicon Valley, Morehead, Appalachia, gurneys, Plymouth, Massachusetts, Canada,
The mother of a newborn baby discovered dead in a dumpster in California nearly 40 years ago has been arrested, accused of murder after she was identified using DNA technology. The newborn baby girl was found by a man rummaging for recyclables in a dumpster behind a business in the 5400 block of La Sierra Avenue in Riverside on Oct. 13, 1987, Riverside Police said. The department was aided by Season of Justice, a nonprofit that provides financial aid for investigative agencies and families to solve cold cases using DNA analysis and forensic genealogy. Avila, who was 19 at the time of the child’s death, was located across the country in Shelby, North Carolina. “Thanks to the persistent efforts of our investigators and partners, this victim now has an identity, bringing resolution to the case,” Riverside Police Chief Larry Gonzalez said in a statement.
Persons: Othram, Othman, Melissa Jean Allen Avila, Avila, Larry D, She's, Larry Gonzalez Organizations: recyclables, Riverside Police, Case Unit, Smith Correctional, NBC News, Authorities, ” Riverside Police Locations: California, Sierra, Riverside, Texas, Shelby , North Carolina, Riverside County
CNN —Cold case investigators have arrested a 55-year-old woman in North Carolina in connection with the death of a newborn girl found in a California dumpster 37 years ago, according to the Riverside Police Department. Through DNA testing, detectives identified the baby’s mother as Melissa Jean Allen Avila, police said in a Thursday news release. In 2020, the department’s new homicide cold case unit reopened the case. “Othram assisted with investigators’ reference testing efforts using (a method of testing that) allows investigators to infer kinship in closely and distantly related individuals,” the company said. “Thanks to the persistent efforts of our investigators and partners, this victim now has an identity, bringing resolution to the case,” Riverside Police Chief Larry Gonzalez said.
Persons: Melissa Jean Allen Avila, Avila, Othram, ” Melissa Jean Allen Avila, “ Othram, Charlotte . Avila, Larry Gonzalez, , ” Avila’s Organizations: CNN, Riverside Police Department, Avila, City News Service, Attorney’s, Police, ” Melissa Jean Allen Avila Riverside Police Department, ” Riverside Police Locations: North Carolina, California, Riverside County, Riverside, recyclables, Shelby , North Carolina, Charlotte
Advertisement"I had a full-time job at the time, and I even had a property manager managing the properties," Cabrera said. Dutton, who has dealt with sellers wanting out, says even property owners trying to offload the problem can lose money in the process. This way, if one unit loses money for whatever reason, the other units will continue to cash flow. In terms of considerations when thinking about the location of an investment property, Dutton noted that one of the biggest expenses buyers often miss, especially in places like South Florida, is property taxes. Another tax mistake buyers make is checking the current property tax and assuming they will pay the same amount.
Persons: it's, Whitney Dutton, Daniel Cabrera, Cabrera, Cabrera isn't, Shelby Johnson, Johnson, Dutton, Chrissy Grigoropoulus, Grigoropoulus Organizations: Service, Native Realty, US Army Locations: South Florida, San Antonio, North Carolina, Florida, New York's Nassau County, New York
Opinion | Joe Biden Issues a Stinging Dissent
  + stars: | 2024-08-02 | by ( Jamelle Bouie | ) www.nytimes.com   time to read: +1 min
The Supreme Court is caught in a crisis of its own making. There is the gross corruption of Justice Clarence Thomas and Justice Samuel Alito, who have received millions of dollars in gifts and benefits from various billionaire benefactors. There is the court’s open assault on the basic rights of tens of millions of Americans, exemplified in its decision to overturn the constitutional right to an abortion on the basis of a vague and inconsistent standard of “text, history and tradition.”And there is the hubris of Chief Justice Roberts, who, the legal scholar Eric J. Segall writes, has “led the court to coerce both state and federal governments to abide by his personal preferences, whether or not positive legal sources supported those decisions and at times even when prior law quite clearly did not justify the chief’s opinions and votes.”It is a testament to Roberts’s skill as a politician that he is often viewed as a modest and moderate judicial institutionalist when, in fact, he has used his position on the court to spearhead a remarkable campaign of judicial activism. In cases like Shelby County v. Holder in 2013 or the more recent West Virginia v. EPA, Roberts all but deployed novel constitutional doctrines (“equal state sovereignty” and the “major questions doctrine”) to achieve his preferred results. In just the last term, the Roberts court has rewritten the 14th Amendment to keep Donald Trump on the presidential ballot as well as radically expanded presidential power in direct contravention of the history, text and structure of the Constitution.
Persons: Clarence Thomas, Samuel Alito, Justice Roberts, Eric J, Segall, Holder, Roberts, Donald Trump Organizations: EPA Locations: Shelby, West Virginia
But Republican voters slammed Mr. Richer when he said, correctly, that the election had not been stolen from former President Donald J. Trump. Mr. Heap galvanized that anger and mistrust while not actually declaring whether he believed the 2020 election had been stolen. He said he would restore Republican voters’ confidence in the system. Another conservative Republican challenger, Don Hiatt, had flatly declared that the past two elections in Arizona were stolen. Mr. Heap is now expected to face Timothy Stringham, a Democrat and military veteran, in the general election in November.
Persons: Richer, Jan Brewer, Doug Ducey, Donald J, Trump, Shelby Busch, Mr, Heap, Don Hiatt, ” Mr, Timothy Stringham Organizations: Republican, Maricopa County Republican Locations: Maricopa County, Arizona
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Chinese swimmer competing in the Paris Olympics was cleared of doping accusations after authorities sourced the drugs back to a tainted burger, according to New York Times reporting. The case comes in the wake of earlier NYT reporting that 23 Chinese athletes had tested positive for another banned medication in 2021. They were ultimately cleared in a Chinada investigation that traced the problem back to a hotel kitchen; and they went on to compete. China has cleared athletes of doping charges at least three times in the past, the paper reported.
Persons: , Tang Muhan, Junyi, Travis Tygart, WADA, Shelby Houlihan, Getty, Stephen McCarthy Houlihan, Tang, Chinada Organizations: Service, New York Times, Business, Doping Agency, International Testing Agency, Paris Olympics, Chinese Olympics Locations: Paris, Beijing, China, Tokyo
Read previewThe Greater Memphis Chamber publicly announced last month that Elon Musk would build xAI's "gigafactory of compute" in the Tennessee city. The planned facility is set to house what Musk intends to be the world's most powerful supercomputer, set to power xAI's chatbot, Grok. AdvertisementOne council member, Pearl Walker, told Forbes that the development caused "hysteria" among Memphis locals. In an open letter shared on X, a group of three Memphis environmental groups also expressed concerns about the factory's impact on the local power supply. Memphis Light, Gas, and Water is trying to prevent the factory from affecting the local power grid, the outlet added.
Persons: , Elon, Musk, Pearl Walker, Forbes, Walker, xAI, Bernstein, Goldman Sachs, haven't, Ted Townsend, Musk's Organizations: Service, Memphis Chamber, Business, Economic, Tennessee Valley Authority, Memphis City, Forbes, Memphis, The Washington Post, Bernstein Research, Meta, Greater, Greater Memphis Chamber Locations: Memphis, Tennessee, Shelby, Iowa, The, Greater Memphis
“It hurt,” says Muse, the executive pastor of Hayes Barton Baptist Church in Raleigh, North Carolina. Nikki Hardeman, of Atlanta, an advocacy director for Baptist Women in Ministry, left, Meredith Stone, executive director of Baptist Women in Ministry, center, and Christa Brown, an advocate for survivors of sexual abuse and a supporter of the Baptist Women in Ministry, protest outside the venue of a Southern Baptist Convention annual meeting on June 11, 2024, in Indianapolis. Some Southern Baptist leaders, for example, say they do not oppose women running for political office. And yet millions of women still give their time and money to church groups that won’t allow them to lead men. Meredith Stone, executive director of Baptist Women in Ministry, a group that works with the SBC and other Baptist groups.
Persons: Kristen Muse, Muse, Paul, Timothy, , Hayes Barton, , , Clint Pressley, Nikki Hardeman, Meredith Stone, Christa Brown, Doug McSchooler, Albert Mohler Jr, Kamala Harris, Shelby Tauber, ” Muse, Christ, Mary Kassian, Beth Allison Barr, Barr, Jesus, Pope Francis, lectors, Beth Moore, Terry Wyatt, Moore, Infants, ” Barr, it’s, they’re, Rick Warren, Peter Smith, that’s, she’s, Rabbi Nachman, Rosh Hashana, Sergei Supinsky, don’t, , Bishop Teresa Jefferson, Jay Reeves, Deborah, Lydia, Priscilla, Dorcas, Mary Magdalene, Mary, Luke, hasn’t, John Blake Organizations: CNN, National Public Radio, Southern Baptist Convention, Hayes Barton Baptist Church, SBC, Baptist Women, Ministry, Southern Baptist, Southern Baptist Theological Seminary, Roman Catholic Church, of God, Reuters, complementarianism, Children, Baylor University, Research, Saddleback Church, Saddleback, Getty, Christian Methodist Episcopal, Moody Temple CME Church, Jefferson Locations: manila, Raleigh , North Carolina, Atlanta, Indianapolis, Indiana, Dallas , Texas, Nashville , Tennessee, Texas, Saddleback, Southern California, New Orleans, Uman, Ukraine, AFP, Raleigh, Moody, Fairfield , Alabama, Israel
Here’s how Biden would actually be replaced
  + stars: | 2024-07-11 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +10 min
The president noted he overwhelmingly won Democratic primaries, which is why nearly all of the convention delegates are currently considered to be pledged to him. Biden is correct that the Democrats’ rules allow delegates to vote for the candidate of their choice. She told me how the process of replacing Biden would work considering nearly all of the 3,949 pledged convention delegates are currently pledged to support him. Sort of legally, according to party rules, he could be replaced anytime up to the roll call at the convention. Party leaders may yet carry on with the plan as a way to squash questions about Biden.
Persons: Joe Biden, , ” Biden, It’s, Biden, Elaine Kamarck, Kamarck, it’s, Jimmy, Carter, Sen, Edward Kennedy, They’ve, Michigan’s Gretchen Whitmer, Maryland’s Wes Moore, California’s Gavin Newsom, Kamala Harris, energize, Shelby Tauber, That’s, she’s, they’re, They’re, who’s, they’ve, , ” It’s, , We’ve, Kennedy, Reagan, Ford, Hur, you’re, Read, CNN’s Arit John, Ethan Cohen Organizations: CNN, Democratic National Convention, Democratic, Brookings Institution, Democratic Party, LBJ, Biden, Brookings, Republicans, Democrats Locations: New Hampshire, Alabama, Maine, Utah, Dallas , Texas, Chicago, Ohio
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailActive management is 'crucial' when looking at lack of breadth in markets, analyst saysShelby McFaddin, investment analyst at Motley Fool Asset Management, weighs in on investment strategy and current market conditions.
Persons: Shelby McFaddin
CNN, which will host the first of two debates between President Biden and Donald Trump, is doing its best to gin up the old excitement, but the general feeling is one of unease. Time labels it “the dread election.” Across a wide range of backgrounds and beliefs, Americans describe themselves in similar terms: exhausted, indifferent, depressed. A recently categorized voter, the “double hater,” is the star of a report that identifies Mr. Biden and Mr. Trump as the most disliked pair of presidential candidates in at least 36 years — twice as disliked, in fact, as they were in 2020. In an election this close, if the debates make even a small difference, they could make all the difference. This is why Mr. Biden pressed so hard for an early debate.
Persons: mano, , John F, Kennedy, Richard M, Nixon, Roger Angell, Biden, Donald Trump, Shelby Grad, Matthew Continetti, Trump Organizations: New Yorker, CNN, Los Angeles Times, American Enterprise Institute
CNN —The Tennessee Attorney General’s office has turned its investigation into the failed foreclosure attempt of Elvis Presley’s Graceland estate over to federal investigators, according to a statement provided by his office. “The Tennessee Attorney General’s Office looked into the Graceland matter, and it quickly became apparent that this was a matter best suited for federal law enforcement. We have faith in our federal partners and know they will handle this appropriately,” said Amy Lannom Wilhite, communications director for Tennessee Attorney General John Skrmetti. Keough claimed fraud and sued to protect the estate from foreclosure. A Shelby County Chancery Judge agreed and blocked the sale, and Naussany said it had dropped its foreclosure efforts.
Persons: General’s, Elvis Presley’s, Tennessee Attorney General’s, , Amy Lannom Wilhite, John Skrmetti, Riley Keough, Elvis Presley, Naussany, Lisa Marie Presley, Keough, Skrmetti Organizations: CNN, Tennessee, Tennessee Attorney, Naussany Investments, Justice Locations: Shelby County
From the ages of 7 to 17, my parents sent me to sleep-away camp for weeks. Starting at two weeks and quickly building up to six, I spent my summers away from home in Shelby, Michigan, on the sand dunes of Camp Miniwanca. At first it was hardI will admit, as a young child, the first few summers at camp weren't easy. I never had to worry about being judged by my camp friends and was able to grow in many ways, slowly becoming more confident, more curious, and more spirited. Summer camp molded me into the girl I was and the woman I've become — independent, curious, and always searching for the next adventure.
Persons: Camp Miniwanca, I've Organizations: Service Locations: Shelby , Michigan, Camp Miniwanca, Miniwanca, Washington ,
Ukraine’s President Volodymyr Zelenskyy attends a military honour ceremony on June 7, 2024 in Paris, France. Marc Piasecki | Getty Images News | Getty ImagesUkraine's leadership has been talking about this weekend's peace summit in Switzerland for months, desperately trying to drum up international enthusiasm for — and investment in — Kyiv's peace plan. watch nowRussia has repeatedly slammed the gathering, saying a peace summit without its participation is meaningless. Ukraine's President Volodymyr Zelenskyy accused Russia and China of working together to sabotage the summit and pressurizing other countries not to attend. Dubovyk dismissed the absence of countries like China and Saudi Arabia, saying their presence at previous, similar meetings had not helped to bring peace closer.
Persons: Volodymyr Zelenskyy, Marc Piasecki, wasn't, Russia —, What's, Joe Biden, Kamala Harris, Jake Sullivan, Zelenskyy, Putin, Shelby Magid, Viola Amherd, Ignazio Cassis, Volodymyr Dubovyk, Dubovyk Organizations: Getty, Peace, Kremlin, CNBC, Kyiv, House, Omaha Beach, Anadolu, Council's Eurasia, Ukraine, Swiss, Democratic, Center for Locations: Paris, France, Switzerland, Peace, Ukraine, Swiss, Bürgenstock, Russia, China, Saudi Arabia, Brazil, India, South Africa, Turkey, Europe, Asia, Africa, Latin America, cyberattacks, Central, Eastern Europe, U.S, California, Hollywood, Moscow, Normandy, Ukrainian, Bern, Russian, Kharkiv
And now, 180 years later, international cricket returns to the US with the men’s T20 World Cup. Three venues across the country – in Lauderhill, Florida, New York and Dallas – have been constructed to host T20 World Cup games. The Grand Prairie Cricket Stadium in Dallas, Texas, will host the first game of the men's 2024 T20 World Cup. The Kensington Oval in Bridgetown, Barbados, will host the men's T20 World Cup final. How to watchThe 2024 men’s T20 World Cup begins on Saturday, June 1, with the two North American debutants – the US and Canada – opening proceedings against one another.
Persons: cricket’s, , US –, Dallas –, Lauderhill, Shelby Tauber, ” Victor Cruz –, New York Giants –, Monank Patel, Corey Anderson, Anderson, Ali Khan, Khan, , Brian Lara, Viv Richards, Chris Gayle, Randy Brooks, St, Vincent, “ I’ve, Frank Nsubuga, Joel Ford, Organizations: CNN — Cricket, Major League Cricket, US, Dallas, Nassau County International Cricket, Prairie Cricket, Bloomberg, Getty, Inter Miami, Major League Soccer, New York’s Major League Baseball, Adelaide Oval, , New York Giants, New Zealand, Black Caps, Guardian, Caribbean . Cricket, West Indies, Kensington, North, Reuters, ICC, Grand Prairie Cricket, West, Sunday, Sky Sports, UK Star Sports Network, Disney Locations: Manhattan, Caribbean, Lauderhill , Florida , New York, Nassau, New York, India, Pakistan, Dallas , Texas, Florida, Australia, York, Ohio, Trinidad and Tobago, Guyana, Barbados, Bridgetown, AFP, Barbuda, Saint Lucia, Grenadines, Uganda, Canada, Papua New Guinea
CNN —A genetically engineered pig kidney has been removed from a transplant patient after it started losing function, according to a statement on Friday from NYU Langone Health. Lisa Pisano looks at photos of her dog after her surgeries at NYU Langone Health in New York on Monday, April 22, 2024. Shelby Lum/AP/FILEThe kidney had to be removed due “unique challenges in managing both her cardiovascular health and kidney function” 47 days after the transplant, NYU Langone Health said. Pisano family/NYU Langone Health“Lisa is a pioneer and a hero in the effort to create a sustainable option for people waiting for an organ transplant. While the kidney ultimately had to be removed from Pisano, Montgomery said the kidney would be studied for further insights and stressed the importance of her contribution to the larger goal.
Persons: Lisa Pisano, Pisano, NYU Langone, Shelby Lum, , Robert Montgomery, Todd, Lisa, Dr, Sanjay Gupta, It’s, Montgomery, and, “ Lisa, ” Montgomery, CNN’s Katherine Dillinger Organizations: CNN, NYU Langone Health, NYU, NYU Langone Transplant Institute, Procurement, Transplantation Network, CNN Health, US Food and Drug Administration Locations: Lisa Pisano of New Jersey, New York, Montgomery, Pisano
As with all scammers, it’s unclear whether the person who emailed CNN is actually behind the scheme. The foreclosure sale was ultimately blocked, and Naussany Investments dropped its foreclosure efforts. A self-proclaimed scam artistCNN reached out to the email address listed as the company representative in Keough’s lawsuit for comment. “We use innocents and we steal identity,” said the scammer in an email to CNN. Sunderman believes that quick payoff may have been the scammer’s goal, not a successful foreclosure on Graceland.
Persons: Elvis Presley’s, I’ve, , Graceland, Lisa Marie Presley, she’d, Riley Keough, Elvis ’, gregoryenaussanyniplflorida@hotmail.com, Gregory Naussany, scammer, Elvis Presley, Mark Sunderman, , Presley, Sunderman, Jonathan Skrmetti Organizations: CNN, United Nations, Naussany Investments, Graceland, New York Times, Investments, Private, Shelby County, Times, University of Memphis, Civil Rights Museum, Locations: Memphis, Uganda, Kimberling City , Missouri, Shelby, Nigeria, Florida, California, Graceland, Tennessee, Shelby County
The Supreme Court, Tatel wrote, has “kicked precedent to the curb” and become “a tragedy” for civil rights and the rule of law. He said she revealed early dealings among justices that eventually led to the milestone 2013 Shelby County v. Holder decision undermining the Voting Rights Act. ‘John Stevens didn’t step down until he was ninety,” Tatel wrote. He served as director of the Chicago Lawyers’ Committee for Civil Rights Under Law and then as director of the National Committee. During the Jimmy Carter administration, he led the Office of Civil Rights at the Department of Health, Education and Welfare.
Persons: David Tatel, , John Roberts, Bill Clinton, Tatel, Roberts, Ruth Bader Ginsburg, Holder, Ginsburg, , , ‘ John Stevens didn’t, ” Tatel, , Ruth, Hillary Clinton, Donald Trump, Obama, , Trump, Amy Coney Barrett, Roe, Wade, Dobbs, Justice Ginsburg, “ I’ve, Jimmy Carter, Clinton, ” Roberts, Dick Cheney, “ …, Scalia, Cheney, , David, Joe Biden, I’ve Organizations: CNN, Democrat, Jackson, Health Organization, Chicago Lawyers ’, Civil, Law, National Committee, Department of Health, Education, Welfare, DC Circuit, US Department of Justice, Northwest Austin, Civil Rights Movement, Court, Supreme Locations: County, Washington, Shelby County, Northwest, Northwest Austin
CNN —Tennessee Attorney General Jonathan Skrmetti is looking into the attempted foreclosure auction of Elvis Presley’s iconic Memphis home, known as Graceland, by an alleged private investment company. On Wednesday, Naussany Investments and Private Lending LLC dropped its foreclosure efforts against Graceland. Danielle Riley Keough, Presley’s granddaughter and heir, filed a lawsuit earlier this month to halt the foreclosure sale claiming Naussany Investment’s paperwork was bogus and an attempt to defraud the family. Naussany Investments produced paperwork that Lisa Marie Presley defaulted on a $3.8 million loan, prior to her 2023 passing, and used Graceland as collateral, according to court documents. Even the notary public whose name appeared on the disputed document, told the court in an affidavit that they had never notarized Lisa Marie Presley’s signature.
Persons: Jonathan Skrmetti, Elvis Presley’s, Danielle Riley Keough, Presley’s, , Lisa Marie Presley, “ Lisa Marie Presley, Lisa Marie Presley’s, Presley, Elvis, Alicia Owens Organizations: CNN, Tennessee, Naussany Investments, State of, Graceland, Tennessee Department, Financial, Investments, Private, Department Locations: Memphis, Graceland, Shelby County , Tennessee, State, State of Tennessee, Tennessee, Kimberling City , Missouri
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. New York CNN —We can’t be 100% sure that an obscure lending company just tried to steal Graceland. Her lawsuit says that the documents Naussany presented, including a 2018 notarized promissory note signed by Lisa Marie Presley, were forged. Even the notary public whose name appeared on the disputed document, told the court in an affidavit that no, they’d never notarized Lisa Marie Presley’s signature. (“Not acquire to proceed?”)It added: “There was no harm meant on Ms. Keough for her mothers LMP mis habits and mis managing of money.”(LMP, presumably, is Lisa Marie Presley.
Persons: CNN Business ’, Elvis Presley’s, , Lisa Marie Presley, she’d, Naussany, Graceland, Riley Keough, Elvis’s, Keough, Mad Max Fury, Daisy Jones, , Naussany’s, Lisa Marie Presley’s, JoeDae Jenkins, Jenkins, ” Jenkins, Keough’s Organizations: CNN Business, New York CNN, Naussany, CNN, Naussany Investments Locations: New York, Tennessee, Graceland, Memphis, America, Shelby County, Naussany, Kimberling City , Missouri, Missouri
CNN —The future of Graceland, Elvis Presley’s historic Memphis home, could be determined in court Wednesday after a bizarre set of events set the late singer’s granddaughter against a mysterious company that claimed Elvis’ daughter gave it Graceland’s deed. In a signed affidavit, the notary public denied ever notarizing anything that Lisa Marie Presley had signed. An estate in disputeFollowing Lisa Marie Presley’s death, Keogh and her grandmother, Priscilla Presley, fought over the rights to her estate – including Graceland. In 2004, Lisa Marie Presley sold 85% of Elvis Presley Enterprises’ assets in a deal reportedly worth more than $100 million. Lisa Marie Presley annually earned seven figures from it, based on a court filing in her 2022 divorce.
Persons: Elvis, Elvis ’, , Danielle Riley Keough, Keough, Lisa Marie Presley, Naussany, Presley, Naussany isn’t, , “ Lisa Marie Presley, Elvis Presley, “ Elvis Presley, Lisa Marie Presley’s, Keogh, Priscilla Presley, Graceland, Mad Max Fury Organizations: CNN, Chancery, Naussany Investments, Elvis Presley Enterprises, Graceland’s, Graceland Locations: Memphis, Shelby County , Tennessee, Graceland, Kimberling City , Missouri, Missouri,
Riley Keough is fighting to stop the auction of Elvis Presley's Graceland estate. Lisa Marie Presley used Graceland as collateral when taking out a loan, per a public notice. AdvertisementElvis Presley's granddaughter, the actor Riley Keough, is fighting to prevent the auction of his iconic Graceland estate. Last week, a public notice announced the foreclosure sale of the Memphis property. According to the notice, the home was scheduled for a public auction on Thursday at the Shelby County Courthouse.
Persons: Riley Keough, Elvis Presley's, Lisa Marie Presley, Keough, Organizations: Service, Trust, Naussany Investments, Lending, Business Locations: Memphis, Graceland, Shelby
Lisa Marie Presley was the sole heir to Graceland and her father’s estate when he died in 1977, and its overall worth has now reportedly reached into the hundreds of millions of dollars. The lawsuit alleges Naussany Investments & Private Lending LLC “appears to be a false entity created for the purpose of defrauding.”CNN emailed Naussany Investments & Private Lending LLC and received an automated reply, “We are currently out of the office; we will resume normal business hours on Tuesday May 28, 2024.”Riley Keough, Elvis Presley's granddaughter. (Photo by Dia Dipasupil/Getty Images) Dia Dipasupil/Getty ImagesWhen CNN attempted to reach Naussany Investments & Private Lending LLC by phone, the number was no longer in service. “Naussany Investments has now scheduled a non-judicial sale of Graceland based on the fraudulent deed of trust,” the lawsuit reads. Lisa Marie Presley annually earned seven figures from it, based on a court filing in her 2022 divorce.
Persons: Elvis Presley’s, Danielle Riley Keough, Elvis, Keough, , Lisa Marie Presley, ” Lisa Marie Presley, Elvis ’, , “ Lisa Marie Presley, Naussany, ” Riley Keough, Elvis Presley's, Dia Dipasupil, Graceland, Rolling, CNN’s Joe Sutton, Luciana Lopez, Alli Rosenbloom Organizations: CNN, Investments, Naussany Investments, ” CNN, Naussany, Lending, “ Naussany Investments Locations: Memphis, Graceland, Florida, Kimberling City , Missouri, Missouri, Shelby County , Tennessee
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