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☆ UK Prime Minister Keir Starmer says tough times are needed to spark national renewal
▼ + stars: | 2024-09-24 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

Prime Minister Sir Keir Starmer during an 'In Conversation' event with Debbie Weinstein, managing Director Goole UK&I during the Labour Party Conference at the ACC Liverpool. Liverpool, ENGLAND — U.K. Prime Minister Keir Starmer insisted on Tuesday that tough decisions taken now will spark a new era for Britain, as he sought to shake a fog of pessimism that has clouded his new premiership. "Change must mean nothing less than national renewal," he told a crowd of Labour Party delegates Tuesday. Wes Streeting, minister for health and social care, said that promised improvements to the U.K.'s National Health Service (NHS) would take time to implement. We need to rebuild the economy, rebuild public services and rebuild trust in politics," he said at the conference Monday.

Persons: Sir Keir Starmer, Debbie Weinstein, Keir Starmer, Starmer, Jeremy Corbyn, Rachel Reeves, Reeves, Wes Streeting, Tulip Siddiq Organizations: Goole, Labour Party Conference, ACC Liverpool, Labour Party, Conservative, Wealth Fund, Finance, National Health Service, Treasury, Labour, CNBC, Conservative Party Locations: Liverpool, ENGLAND, Britain, England

NBC News takes a look at the hostages who remain in Hamas captivity. Other hostages have been found dead, including the six who were killed by Hamas last month. Hamas also holds two hostages, one taken in 2014 and the other in 2015, as well as the bodies of two slain Israeli soldiers. And after the recent killing of the six hostages in Gaza, Hamas said that hostage guards had been operating under new orders. Judith Weinstein, 70, and Gadi Haggai, 73Married couple Judith Weinstein and Gadi Haggai, both American citizens, were initially believed to have been taken hostage by Hamas, but their statuses were unclear.

Persons: Lee Siegel, Keith Siegel, Aviva Siegel, Lee, —, Noa Argamani, — Alon Shamriz, Yotam Haim, Samer Talalka —, Hersh Goldberg, — Nik Beizer, Ron Sherman, Elia Toledano, Siegel, Omri Miran, Miran, Keith, Chen, Nir Oz, Jonathan Dekel, Abu Ubaida, Al, Edan Alexander, “, ”, Yael Alexander, Omer Neutra, NBC's, Hersh, Neutra’s, Orna Neutra, Itay Chen, Ruby, Hagit Chen, Judith Weinstein, Gadi Haggai, Joe Biden Organizations: Aviva, NBC, Israel Defense Forces, Sunday, Hamas, Brigades Locations: Israel, Gaza, American, shrouds, New Jersey

☆ Former Harrods owner Mohamed Al Fayed a ‘monster,’ say lawyers representing his alleged victims
▼ + stars: | 2024-09-20 | by ( Caitlin Danaher | ) edition.cnn.com time to read: +3 min

CNN —The legal team representing the alleged victims of the former owner of Harrods, Mohamed Al Fayed, say the late billionaire was a “monster” whose crimes were “enabled” by the high-end department store. Armstrong said Al-Fayad was a “monster” who committed a “vast web of abuse.”Setting out the legal claim being brought against Harrods, Armstrong said Al-Fayad was “enabled by a system” that pervaded the store. “This is and was a systematic failure of corporate responsibility, and that systematic failure is on the shoulders of Harrods,” Armstrong said. The legal team involved in the BBC investigation claimed Harrods knew of Al Fayed’s alleged crimes. Al Fayed’s son, Dodi Fayed, died in 1997 along with Princess Diana in a high-speed car crash in Paris.

Persons: Mohamed Al Fayed, Al, Fayed, Dean Armstrong, Armstrong, Fayad, ”, ” Armstrong, Al Fayed’s, Jeffrey Epstein, Jimmy Savile, Bruce Drummond, Shaun Curry, Gloria Allred, Harvey Weinstein, ” Allred, Dodi Fayed, Princess Diana, CNN’s Catherine Nicholls Organizations: CNN, Harrods, BBC, Getty, London’s Fulham Football Club Locations: ”, London, British, AFP, Britain, Paris

☆ Lebanon reels from second day of explosions and Sean 'Diddy' Combs denied bail: Morning Rundown
▼ + stars: | 2024-09-19 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +8 min

Sean “Diddy” Combs remains jailed after his bond appeal was rejected, in part because of witness intimidation allegations. Israel declares a ‘’new phase’’ of war as Lebanon reels from a second day of deadly device explosions. Sean ‘Diddy’ Combs loses second bail requestSean "Diddy" Combs was denied bail for a second time this week in his sex trafficking and racketeering case, leaving the rapper-turned-mogul to remain at a New York jail his legal team called "horrific" until the start of his trial. According to prosecutors, Combs allegedly called or texted Kalenna Harper, one of his protégées, 58 times in four days. More coverage of Sean ‘Diddy’ Combs’ case:Among the next questions Combs’ legal team could raise is whether he can be transferred to another facility.

Persons: Sean “ Diddy ” Combs, Israel, Sean ‘ Diddy ’ Combs, Sean, Diddy, Combs, Kalenna Harper, protégée, Harper, Andrew Carter, Carter, He’s, “, pagers, Hassan Nasrallah, pagers —, Mike Johnson, hasn’t, Kamala Harris, Donald Trump, Trump, Sen, Lindsey Graham, Suni Lee, Jordan Chiles, Jade Carey, ”, Ariana Grande, Michael Keaton, Jean Smart, Harvey Weinstein, Elon Musk’s, Jean Catuffe, Elon Musk, Musk, — David Ingram, Elizabeth Robinson Organizations: U.S, District, Metropolitan Detention, MDC, Israel, Commonwealth Fund, Republicans, Teamsters, Howard University, Electoral, Reserve, NCAA, Elon, Tenet Media, NBC Locations: Lebanon, New York, Brooklyn, Japan, Iran, Gaza, Israel, Here’s, U.S, Canada, France, Germany, United Kingdom, Springfield, Ohio, “, Kentucky, Russian, Russia, Ukraine

☆ Adi Alexander: Father of American hostage held by Hamas says Lebanon attacks treat ‘agony with more agony’
▼ + stars: | 2024-09-19 | by ( Michael Williams | ) edition.cnn.com time to read: +4 min

On Thursday Israel launched airstrikes against Hezbollah targets in southern Lebanon and on Wednesday Israeli Defense Minister Yoav Gallant stated a “new era” of war is beginning. Several of the hostage families are in Washington this week, just under three weeks from the anniversary of the October 7 attacks. Ronen Neutra, the father of Omer Neutra, said on Wednesday he was “horrified” by Goldberg-Polin’s death. How can it be that an American was murdered, and yet people are in the streets in New York cheering for Hamas? “As far as Prime Minister Netanyahu?

Persons: pagers, ” Adi Alexander, Edan Alexander, Jake Tapper, ”, Israel, Alexander, Tapper, Yoav Gallant, Joe Biden, “, Benjamin Netanyahu, Netanyahu, Biden, Iris Weinstein Haggai, “ It’s, we’re, ” Weinstein Haggai, Jake Sullivan, Hersh Goldberg, Goldberg, Ronen Neutra, Omer Neutra, I’m, ” Neutra, Jonathan Dekel, Chen, Sagui Dekel, ” Dekel, ” “, CNN’s Eugenia Yosef, Arlette Saenz Organizations: CNN, Thursday Israel, Wednesday Israeli, Israeli, United Nations General Assembly, Democratic National Convention, United Nations, General Locations: Gaza, Lebanon, New York, Washington, Israel, United

Harvey Weinstein was arraigned on an additional sex crimes charge in a New York City courtroom Wednesday, roughly two months ahead of a retrial in the disgraced Hollywood producer’s landmark #MeToo case. “Thanks to this survivor who bravely came forward, Harvey Weinstein now stands indicted for an additional alleged violent sexual assault,” Bragg said. “This investigation is ongoing.”In all, more than 80 women have accused Weinstein of sexual assault or harassment going back decades. (He was acquitted of two counts of predatory sexual assault and a count of first-degree rape.) (The jury acquitted him of a count of sexual battery by restraint and failed to reach a verdict on three other sexual assault counts.)

Persons: Harvey Weinstein, Weinstein, Attorney Alvin Bragg, ” Bragg, Jessica Mann, Mimi Haley, Gloria Allred, “, Mann, Harvey, ” Mann, retry Weinstein, Oscar, ”, Love Organizations: Hollywood, New, Attorney, Manhattan, Bellevue Hospital, Miramax, The New York Times, Yorker Locations: New York City, Manhattan, New York, New, York, Los Angeles, Angeles

☆ Some of OpenAI's top new executives are a nod to its upcoming fights in the courtroom and Washington
▼ + stars: | 2024-09-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

This story is available exclusively to Business Insider subscribers. Jason Redmond/AFP/Getty ImagesA good chunk of the executives Darius highlighted aren't involved in OpenAI's tech. Some of OpenAI's most high-profile executives are instead addressing legal challenges and lobbying regulators in the US and abroad. It's a nod to the fact OpenAI's biggest upcoming fights will take place in a courtroom as opposed to a computer screen. Luckily for you, Business Insider has identified the most famous book set in every state.

Persons: —, Tyler Le, Sam Altman, Altman, he's, Darius Rafieyan, OpenAI, Darius, it's, Jason Redmond, aren't, It's, Justin Trudeau's, Somodevilla, Warren Buffett, David Einhorn, Chelsea Jia Feng, Amazon's, Natalie Ammari, Harris, Jamie Dimon, Dimon, Harvey Weinstein, world's, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Apple, Getty, OpenAI, BMO Capital Markets, Healthcare, Amazon, Google, Trump, Facebook, Reading, Fed, The Locations: AFP, New York, London

☆ Harvey Weinstein hit with new sex crime charge in New York
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: +2 min

Former film producer Harvey Weinstein appears in court in New York, U.S., September 18, 2024. Harvey Weinstein pleaded not guilty Wednesday to a new sex crime charge in New York, as he awaits retrial in his landmark #MeToo case. Prosecutors revealed last week that Weinstein had been indicted on additional sex crime charges that weren't part of the case that led to his now-overturned 2020 conviction. While bracing for the new charges, Weinstein also is awaiting retrial after New York state's highest court this spring overturned his 2020 conviction on rape and sexual assault charges involving two women. Weinstein, who also was convicted in 2022 in a Los Angeles rape case, remains behind bars while awaiting his New York retrial.

Persons: Harvey Weinstein, Prosecutors, Weinstein, —, it's, Judge Curtis Farber, Love Organizations: Prosecutors, New York, Appeals, Bellevue Hospital, Miramax, Weinstein Company Locations: New York, U.S, Tribeca, Manhattan, New, Los Angeles, York, Bellevue, Hollywood

☆ Harvey Weinstein pleads not guilty to new sexual assault charge in New York stemming from new indictment
▼ + stars: | 2024-09-18 | by ( Alli Rosenbloom | Aaron Cooper | ) edition.cnn.com time to read: +2 min

CNN —Harvey Weinstein has pleaded not guilty to one count of a criminal sex act in the first degree after he was indicted by a grand jury earlier this month. The indictment was unsealed after it was initially announced during a court hearing last Thursday. An attorney for the woman whose grand jury testimony served as the basis of the new indictment said she intends to testify at trial. Prosecutors in New York began presenting the case to the grand jury in August. His conviction was overturned by the New York Court of Appeals in April, citing violation of Weinstein’s constitutional rights at trial.

Persons: CNN — Harvey Weinstein, Weinstein, Prosecutors, “ Ms, Doe, ” Lindsay M, Jane Doe, which, Harvey, ” Juda, ” Weinstein Organizations: CNN, Prosecutors, New York, New, Appeals Locations: New, Los Angeles

☆ Pivotal witness in Harvey Weinstein’s New York trial says she will testify in upcoming retrial
▼ + stars: | 2024-09-17 | by ( Jean Casarez | ) edition.cnn.com time to read: +2 min

CNN —A critical witness in the original trial of disgraced Hollywood producer Harvey Weinstein has announced she will testify in his upcoming retrial on criminal charges. After Weinstein’s conviction was overturned earlier this year, Mimi Haley, a former production assistant on The Weinstein Company’s “Project Runway,” said she wasn’t sure if she wanted to go through it all again. Haley alleged that Weinstein had pinned her down and forced her into a sex act in 2006 at his Manhattan apartment. Last week, he was indicted in Manhattan in connection to new sexual assault allegations, according to prosecutors. If he is cleared to attend the hearing, Weinstein is expected to be arraigned on the new indictment.

Persons: Harvey Weinstein, Mimi Haley, Weinstein, ”, Gloria Allred, “, Haley, Jessica Mann, Mann, Arthur Aidala Organizations: CNN, Hollywood, New, Bellevue Hospital Locations: Manhattan, New York, Los Angeles

Harvey Weinstein, the disgraced Hollywood mogul whose alleged sexual misconduct fueled the #MeToo movement, has been indicted on new charges by a New York City grand jury, Manhattan prosecutors announced during a court hearing Thursday. The new indictment is under seal, prosecutor Nicole Blumberg told Judge Curtis Farber, who has set a trial date for Nov. 12. NBC News was the first to report this month that a grand jury had been convened to hear from women who had come forward with new accusations against Weinstein, 72. Weinstein was convicted in 2020 of third-degree rape of one woman and first-degree criminal sex act against another woman after a trial in New York, where he was sentenced to 23 years in prison. New York prosecutors announced months later that they intended to recharge Weinstein for the same crimes and possibly bring forward new charges.

Persons: Harvey Weinstein, Nicole Blumberg, Curtis Farber, Weinstein, Oscar, Bob Weinstein, ”, Love, Weinstein's Organizations: Hollywood, New, NBC, Bellevue Hospital Locations: New York City, Manhattan, Bellevue, New York, York, Los Angeles

☆ Harvey Weinstein indicted on new sex crime charges in New York
▼ + stars: | 2024-09-12 | by ( Lauren Del Valle | Jean Casarez | ) edition.cnn.com time to read: +2 min

CNN —A Manhattan grand jury has indicted Harvey Weinstein on new sex crime charges, according to his attorney Arthur Aidala. “The grand jury has indicted Mr. Weinstein,” prosecutor Nicole Blumberg said during a court hearing on Thursday. It could include sexual assault allegations from three women, prosecutors said at a separate hearing last week. One alleged assault occurred at a residential building in lower Manhattan in the winter months between 2005 and 2006. A source with knowledge of the matter told CNN that alleged assault is said to have occurred during in 2006.

Persons: Harvey Weinstein, Arthur Aidala, “, Weinstein, Nicole Blumberg, Prosecutors, Jessica Mann, Mimi Haley, Judge Curtis Farber, andsentenced Organizations: CNN, Tribeca, Prosecutors Locations: Manhattan, Tribeca, Los Angeles

Harvey Weinstein had heart surgery Monday after he complained of health issues and was moved from a New York City jail to a hospital, a representative for the disgraced movie mogul said. Weinstein, whose 2020 rape conviction was overturned in April, remained in recovery at the intensive care unit at Bellevue Hospital on Monday night, said the representative, Craig Rothfeld. Weinstein was moved from Rikers Island jail to the hospital after complaining that he didn’t feel well and had experienced significant weight gain from medication, Rothfeld said. He underwent pericardiocentesis surgery Monday morning to alleviate a significant amount of fluid from his lungs and heart, Rothfeld said. In July, Weinstein was hospitalized for a “myriad of health conditions” and tested positive for Covid-19 and double pneumonia, his representative said.

Persons: Harvey Weinstein, Weinstein, Craig Rothfeld, Rothfeld, Oscar Organizations: Bellevue Hospital, Hollywood, NBC Locations: New York City, Rikers, New York, Los Angeles, York

CNN —Harvey Weinstein was “rushed” to Bellevue Hospital in New York on Sunday night “due to several medical conditions,” according to representatives for the disgraced former movie producer. “We can confirm that Mr. Weinstein had a procedure and surgery on his heart today,” Weinstein’s spokesman Juda Engelmayer and prison consultant Craig Rothfeld said in a statement to CNN on Monday. “As we have extensively stated before, Mr. Weinstein suffers a plethora of significant health issues that need ongoing treatment,” they added. Weinstein has experienced a number of health problems in recent years and has appeared in court in a wheelchair. He was sentenced to 23 years in prison, but his conviction was overturned on appeal in April.

Persons: CNN — Harvey Weinstein, “, ”, Weinstein, Juda Engelmayer, Craig Rothfeld Organizations: CNN, Bellevue Hospital, Manhattan, Attorney’s Locations: New York, Los Angeles

☆ Trump's lawyers say an accuser's sexual-assault testimony should have been tossed because the incident was aboard an airplane
▼ + stars: | 2024-09-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

Leeds' allegations weren't part of Carroll's accusations, but the trial judge allowed her testimony because they demonstrated what Carroll's lawyers argued was a pattern of behavior by Trump. "It's very hard to overturn a jury verdict for evidentiary grounds," he said. Sauer argued that Trump's case was "a textbook example" of a case wrongly propped up by propensity evidence rather than Trump's actual conduct. LEONARDO MUNOZ/AFP via Getty ImagesShe also jabbed at Habba's earlier claims that she might have some kind of conflict of interest with the trial judge, US District Judge Lewis Kaplan. Presidential immunity played a role in earlier court fights in the Carroll case.

Persons: —, Donald Trump, Jean Carroll, John Sauer, Jessica Leeds, Trump, Sauer, Denny Chin, Roberta Kaplan, Leeds, defaming Carroll, Alina Habba, Kaplan, Carroll, Todd Blanche, Emil Bove, Boris Epshteyn, Joshua Katz, CHARLY TRIBALLEAU, Getty Images Carroll, Bergdorf Goodman, Blanche, Bove —, Harvey Weinstein's, Susan Carney mused, Marci Hamilton, LEONARDO MUNOZ, Lewis Kaplan, Kamala Harris, Bove, Juan Merchan, she'd Organizations: Service, Republican, Business, Leeds, Circuit, Trump, Getty Images, US, University of Pennsylvania, Getty, Democratic Locations: Manhattan, Leeds, AFP, New York, Washington, DC, New, United States

☆ Trump will mimic Harvey Weinstein's successful appeal to fight his own sexual-assault verdict Friday. It won't be as easy.
▼ + stars: | 2024-09-05 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

The judge who oversaw the trial later said: "Trump 'raped' her as many people commonly understand the word 'rape.'" AdvertisementBut the lawyers who won Weinstein's appeal told Business Insider that what worked for their client probably wouldn't work for Trump. In the May 2023 verdict, the jury found Trump liable for sexual abuse and defamation and awarded Carroll $5 million in damages. In the second trial, earlier this year, a separate jury said Trump owed Carroll an additional $83 million in defamation damages. AdvertisementInstead, it needed to find it was "more probable than not" that Trump sexually assaulted Carroll, a standard far more common in civil cases.

Persons: —, Donald Trump, Trump, Jean Carroll, Harvey Weinstein, John Sauer, he'll, Carroll, Sauer, It's, Weinstein, Barry Kamins, Kamins, Marci Hamilton, Goodman, Lewis Kaplan, Jessica Leeds, Natasha Stoynoff, Brittainy Newman, Diane Kiesel, Stoynoff, you've, Kaplan, Roberta Kaplan, Roberta Kaplan's, Jane Rosenberg Trump's, Arthur Aidala, shouldn't Organizations: Service, Business, Appeals, 2nd, Mar, New York state's, Trump, Hollywood, Child USA, New, Leeds, York state's, Stoynoff, New York Law School, REUTERS Locations: Manhattan, Lago, New York, Los Angeles, Brooklyn, Aidala, York, Leeds, Bergdorf's, Carroll, Carroll's, Hamilton

Whether it's used to help create better content or deliver personalized experiences, generative AI has made a huge impact across countless organizations. CMOs from leading brands reveal how their companies are using AI and the positive impact it's had on the business. Business Insider spoke with dozens of marketing executives at Cannes Lions 2024 as part of our ongoing CMO Insider coverage. In this video, we hear from Kofi Amoo-Gottfried of DoorDash, Elizabeth Rutledge of American Express, Julia White of SAP, Mark Weinstein of Hilton, Kristyn Cook of State Farm, and Carla Hassan of JP Morgan Chase.

Persons: it's, Kofi Amoo, Gottfried of DoorDash, Elizabeth Rutledge, Julia White, Mark Weinstein, Hilton, Kristyn Cook, Carla Hassan, JP Morgan Chase Organizations: Business, Cannes Lions, American Express, SAP, State Farm

☆ Cruises are more expensive than ever. But a deal isn't impossible — if you have restraint
▼ + stars: | 2024-07-31 | by ( Brittany Chang | ) www.businessinsider.com time to read: +6 min

Cruise lines were just beginning to reactivate their fleets after a tumultuous pause in operations amid the COVID-19 pandemic (remember that?). For the most part, if you want to pay that little but don't want to hunt for a deal, you're better off sticking with Carnival Cruise Line. Your budget vacation might not be so budget-friendly once onboardMass-market cruise lines have increasingly added pricey pay-to-play amenities to their new ships. The 22-year-old vessel is scheduled for many of the cruise line's cheapest-per-day itineraries this year. Carnival Cruise LineAnd while its mini-golf course, shows, and waterslide are free, you'll have to pay extra for the arcade games or to participate in the "Build-A-Bear Workshop at Sea" or "Deal or No Deal" programs.

Persons: —, Brittany Chang, let's, Tynan Smith, Tyanan Smith, Cruise, Carnival's, Josh Weinstein Organizations: Service, Carnival Corp, Royal Caribbean Group, Business, Cruise, Royal, Holland America, WiFi Locations: Holland America, Royal Caribbean, Firenze

☆ CrowdStrike shares plunge 11% to lowest level of the year on report that Delta may seek damages
▼ + stars: | 2024-07-30 | by ( Katie Bartlett | ) www.cnbc.com time to read: +1 min

CrowdStrike shares fell tumbled 11% on Tuesday to their lowest level of the year following a report that Delta Air Lines hired prominent attorney David Boies to seek damages from the security software vendor. CrowdStrike fell $28.98 to $228.83 as of early afternoon trading. Late Monday, CNBC's Phil Lebeau reported that Delta hired Boies, chairman of Boies Schiller Flexner, to seek compensation from CrowdStrike and Microsoft . No suit has been filed, Lebeau reported, and Delta didn't respond to a request for comment. The Department of Transportation said last week that it's investigating Delta due to the widespread flight disruptions and service failures.

Persons: CrowdStrike, David Boies, CNBC's Phil Lebeau, Boies, Boies Schiller, Lebeau, Harvey Weinstein, Elizabeth Holmes Organizations: Delta Air Lines, Microsoft, Delta, Department of Transportation, U.S, Hollywood

☆ CrowdStrike extends post-outage losses to 34% on report Delta has hired a lawyer to seek compensation
▼ + stars: | 2024-07-30 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +2 min

The stock fell as much as 13% on Tuesday alone after heavily-hit Delta reportedly hired a lawyer. No suit has been filed, but Delta plans to seek compensation from CrowdStrike, CNBC said. The continued fallout comes after CNBC reported that Delta hired attorney David Boies — chairman of Boies Schiller Flexner — to seek compensation for outage-related damages, according to CNBC. AdvertisementDelta's earnings will drop an estimated $350 million to $500 million this quarter as a result of the outage, according to Bloomberg. Following the Friday outage, Delta still canceled hundreds of flights on Tuesday, by when most other airlines had resumed normal operations.

Persons: —, David Boies —, Boies Schiller, Boies, Elizabeth Holmes, Al Gore, Harvey Weinstein Organizations: Delta, CNBC, Service, Hollywood, Microsoft, Bloomberg, United Locations: CrowdStrike, Delta, FlightAware

☆ Delta hires powerful lawyer David Boies’ firm to seek compensation from CrowdStrike and Microsoft for its outage
▼ + stars: | 2024-07-30 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

And now it wants Microsoft and the cybersecurity firm that caused the problem to compensate it for at least some of its losses. Delta has hired high-profile attorney David Boies’ law firm to seek damages from cyber security firm CrowdStrike and Microsoft for the massive service issues it suffered last week following a badly flawed software update caused problems in a key computer program. The hiring of the firm of Boies Schiller Flexner, first reported by CNBC, was confirmed to CNN by a person familiar with the decision. Delta’s costs could total between $325 million to $475 million, according to a note published Tuesday by Savanthi Syth, airline analyst for Raymond James. Boies and his firm won $290 million in 2023 from JPMorgan Chase for Jeffrey Epstein’s sexual abuse victims.

Persons: Delta, David Boies, Boies Schiller, Savanthi Syth, Raymond James . Delta, ”, CrowdStrike, Patrick T, Fallon, Boies, JPMorgan Chase, Jeffrey Epstein’s, Elizabeth Holmes, Boeis, Harvey Weinstein, Weinstein, Jeffrey Epstein's, Peter Foley, Al Gore, Brown Organizations: New, New York CNN — Delta Air Lines, Microsoft, CNBC, CNN, Delta Air Lines, Los Angeles International Airport, Getty, Endeavor Air, Delta, JPMorgan, Theranos, Bloomberg Locations: New York, AFP, Perry v

Delta Air Lines has hired prominent attorney David Boies to seek damages from CrowdStrike and Microsoft following an outage this month that caused millions of computers to crash, leading to thousands of flight cancellations. CrowdStrike shares fell as much as 5% in extended trading on Monday after CNBC's Phil Lebeau reported on Delta's hiring of Boies, chairman of Boies Schiller Flexner. On July 19, a software update from CrowdStrike led to a historic outage of Microsoft systems, knocking numerous industries offline. While no suit has been filed, Delta plans to seek compensation from Microsoft and CrowdStrike, Lebeau reported. Insurance startup Parametrix estimated that the CrowdStrike incident resulted in a total loss of $5.4 billion for Fortune 500 companies, not including Microsoft.

Persons: David Boies, CNBC's Phil Lebeau, Boies Schiller, CrowdStrike, Lebeau, Delta hasn't, Harvey Weinstein, Elizabeth Holmes Organizations: Delta Air Lines, Microsoft, Airlines, Department of Transportation, Delta, U.S, Hollywood, Insurance, Fortune

☆ Watch CNBC's full interview with Brian Weinstein, Richard Bernstein, & Steve Liesman
▼ + stars: | 2024-07-25 | 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 EmailWatch CNBC's full interview with Brian Weinstein, Richard Bernstein, & Steve LiesmanRichard Bernstein, CEO and chief investment officer at Richard Bernstein Advisors; Brian Weinstein, head of global markets at Morgan Stanley Investment Management; and CNBC's Steve Liesman join 'The Exchange' to discuss expectations for Fed rate cuts, market outlooks, and more.

Persons: Brian Weinstein, Richard Bernstein, Steve Liesman Richard Bernstein, Steve Liesman Organizations: Richard, Richard Bernstein Advisors, Morgan Stanley Investment Management

☆ Harvey Weinstein in hospital after testing positive for Covid-19 and contracting double pneumonia
▼ + stars: | 2024-07-25 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +1 min

CNN —Disgraced and imprisoned movie mogul Harvey Weinstein “tested positive for COVID and contracted double pneumonia in his lungs,” Juda Engelmayer, Weinstein’s spokesman, said in a statement Thursday. In addition, Mr. Weinstein tested positive for COVID and contracted double pneumonia in his lungs,” the statement said. Engelmayer also confirmed to CNN that Weinstein was transferred to the Bellevue Hospital Prison Ward late on Wednesday night. The New York Court of Appeals overturned a sex crimes conviction against Weinstein in April, but he has remained in custody in New York. In that case, Weinstein was sentenced to 16 years in prison.

Persons: CNN —, Harvey Weinstein “, Juda, “ Craig Rothfeld, Weinstein’s, Weinstein, Engelmayer Organizations: CNN, Prison, New, Manhattan, Attorney’s Locations: Bellevue, New York, Los Angeles

☆ Fed needs to calibrate lower rate in response to slowing growth, says Morgan Stanley's Brian Weinstein
▼ + stars: | 2024-07-25 | 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 EmailFed needs to calibrate lower rate in response to slowing growth, says Morgan Stanley's Brian WeinsteinRichard Bernstein, CEO and chief investment officer at Richard Bernstein Advisors; Brian Weinstein, head of global markets at Morgan Stanley Investment Management; and CNBC's Steve Liesman join 'The Exchange' to discuss expectations for Fed rate cuts, market outlooks, and more.

Persons: Morgan, Brian Weinstein Richard Bernstein, Richard Bernstein, Brian Weinstein, Steve Liesman Organizations: Fed, Richard, Richard Bernstein Advisors, Morgan Stanley Investment Management

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