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☆ Eric Adams indictment: All the travel benefits the New York City mayor is alleged by prosecutors to have accepted
▼ + stars: | 2024-09-27 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Prosecutors allege New York City Mayor Eric Adams solicited travel from foreign businesspeople. As a city official, Adams should have disclosed the gifts and travel benefits, Williams said. AdvertisementThese are the travel benefits and luxury perks federal prosecutors allege Adams has solicited since 2016. Flights to France, Turkey, and ChinaIn 2017, Adams accepted free business class tickets for himself and travel companions to France, Turkey, and China, per the indictment. The travel benefits were worth more than $9,000 and Adams failed to disclose them, prosecutors said.

Persons: Eric Adams, Adams, —, rebuking, Damian Williams, Williams Organizations: New York City, Service, New, Democratic, Turkish, Prosecutors, Business, Bentley, Turkey Prosecutors Locations: New York, Manhattan, Brooklyn, York, India, Turkey, France, China, Istanbul, Regis, Hungary, St, Ghana

☆ What the Eric Adams indictment means for New York City's leadership and future
▼ + stars: | 2024-09-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, the walls are closing in on New York City Mayor Eric Adams after a federal indictment . New York City Mayor Eric Adams was indicted on five criminal counts in a corruption probe accusing him of bribery and receiving illegal campaign contributions from foreign nationals. In one case, according to the indictment, that meant a Turkish Airlines manager offering to charge Adams $50 for two business-class seats worth $15,000 . AdvertisementMessages obtained by prosecutors also show Adams promising his staffer he "always" deleted texts following a discussion of alleged Turkish bribes.

Persons: —, Eric Adams, Eric Adams Seth Wenig, Alyssa Powell, Adams, Damian Williams, Gary Hershorn, He's, Alex Spiro, Elon Musk's, Kathy Hochul, Jumaane Williams, Ali Jarekji, it's, David Tepper, Sam Altman's, Getty, Olivier Verriest, Andrei Akushevich, Tyler Le, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, Nathan Rennolds, Amanda Yen, Milan Sehmbi Organizations: Business, Service, New York City, New, Democrat, Brooklyn Borough, Southern, of, Turkish Airlines, FDNY, Reuters, Financial Times, YouTube, Snapchat, Publishers, York Film Locations: New, States, New York, Manhattan, of New York, Turkish, Ali, Saudi Arabia, China, London

☆ NYC Mayor Eric Adams charged with bribery and wire fraud in scheme spanning nearly 10 years
▼ + stars: | 2024-09-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Jonathan_Dienst_Byline.Jpg | Jonathan Dienst | ) www.nbcnews.com time to read: +6 min

New York City Mayor Eric Adams has been hit with five federal charges – including wire fraud, bribery and solicitation of a contribution by a foreign national – according to a sprawling 57-page federal indictment unsealed Thursday. Although the Bentley Suite for two nights would have cost approximately $7,000, Adams paid less than $600, the indictment says. And so, the building opened as requested by a Turkish official who had plied Adams with travel benefits and other gifts, the indictment says. In addition to the free travel and hotel rooms, Adams received illegal campaign contributions from foreign donors, including the Turkish government official, the indictment says. Adams has repeatedly said that his administration is cooperating in the investigations and he's focused on his work as mayor.

Persons: Eric Adams, Adams, ingratiate, Damian Williams, Gracie, Alexandria Ocasio, Brad Lander, Sen, John Liu, New York – Sen, Chuck Schumer, Hakeem Jeffries, Kathy Hochul –, Hochul, Edward Caban, James Caban, he's, ” Adams, “ Organizations: York City, Prosecutors, Southern, of New, Brooklyn Borough President, Regis, Bentley, York City’s, New, New York City Fire Department, FDNY, Turkish, Washington , D.C, Gracie Mansion, Wednesday, Gov, FBI, Adams . Police, Authorities, Queens Locations: York, Brooklyn, Regis Istanbul, Turkey, New York City, Turkish, Washington ,, Alexandria, Cortez, New York, Adams, Manhattan

Here Are the Charges Eric Adams Faces, AnnotatedFederal prosecutors in Manhattan on Thursday unveiled a five-count indictment against Mayor Eric L. Adams of New York, charging him with bribery conspiracy, fraud and soliciting illegal foreign campaign donations. 1 count Wire fraud Related to accusations that Adams fraudulently accepted public matching funds for his campaign by improperly certifying contributions that were made via “straw donors,” concealing the true sources of the donations. 2 counts Solicitation of a contribution by a foreign national Related to accusations that Adams solicited and received improper campaign contributions through foreign citizens. 1 count Bribery Related to accusations that Adams solicited free and heavily discounted foreign luxury travel in exchange for helping to obtain approval by Fire Department officials of a new Turkish Consulate. Mr. Adams, who is up for re-election in 2025, insisted he was innocent in the case, which is led by U.S. Attorney Damian Williams of the Southern District of New York.

Persons: Eric Adams, Eric L, Adams, Damian Williams Organizations: Turkish Consulate, Fire Department, U.S, Southern, of, New York Times Locations: Manhattan, New York, Turkish, New York City, of New York

☆ Turkish Airlines offered to charge Eric Adams $50 for two business-class seats worth $15,000, prosecutors say
▼ + stars: | 2024-09-26 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Eric Adams took perks and donations from the Turkish government for years, prosecutors say. "It is very expensive because it is last minute," the airline manager texted the Adams staffer, according to the indictment. AdvertisementThe Adams staffer pushed the manager to charge a more realistic-sounding price, prosecutors say. The Adams staffer asked for "$1,000 or so," noting that Adams' "every step is being watched right now." The Turkish Airlines manager also offered to set up Adams in the Four Seasons, which the Adams staffer deemed "too expensive."

Persons: Eric Adams, wasn't, Adams, —, Damian Williams Organizations: Service, Turkish Airlines, Prosecutors, Turkish, United Nations, Cosmopolitan Suite, Regis Locations: Turkish, New York City, Turkey, Istanbul, Manhattan, Regis Istanbul, New York, France

☆ Watch Live: Federal prosecutors announce charges against NYC Mayor Eric Adams
▼ + stars: | 2024-09-26 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 11:30 a.m. Please refresh the page if you do not see a player above at that time.] Federal prosecutors are expected to announce public corruption charges against New York City Mayor Eric Adams Thursday in a press conference in lower Manhattan. Adams has been indicted on criminal charges related to contributions to the Democrat's 2021 mayoral campaign. Damian Williams, U.S. Attorney for the Southern District of New York, James Dennehy, FBI New York Assistant Director in Charge, and Jocelyn E. Strauber, Department of Investigation Commissioner, will deliver remarks at the press conference.

Persons: Eric Adams, Adams, Gracie, Damian Williams, James Dennehy, Jocelyn E Organizations: New York City, FBI, Attorney, Southern, of, York, Department of Investigation Locations: Manhattan, U.S, of New York

☆ Eric Adams to appear in court Friday: Here's a timeline of the chaos leading up to his indictment.
▼ + stars: | 2024-09-26 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

New York City Mayor Eric Adams was indicted by federal grand jury amid a corruption probe. AdvertisementNew York City Mayor Eric Adams' administration has been embroiled in turmoil for months. July 2024: Adams served grand jury subpoenasFederal prosecutors subpoenaed Adams, his election committee, and City Hall in July. Advertisement"We have not identified any evidence of illegal conduct by the mayor," Adams' attorneys said at the time. September 26, 2024: Adams indictment unsealedThe 57-page indictment against Adams was unsealed on September 26, detailing serious allegations of corruption, bribery and wire fraud.

Persons: Eric Adams, —, Adams, Brianna Suggs, Suggs, Rana Abbasova, Winnie Greco, Greco, Edward Caban, Public Safety Philip Banks III, Sheena Wright, David Banks, Caban, Lisa Zornberg, Zornberg, Thomas Donlon, Ashwin Vasan, Banks, Alexandria Ocasio, Cortez, Damian Williams, Williams Organizations: York City, Service, New York Police Department, Democrat, FBI, Agents, New York Times, Turkish Airlines, Times, City Hall, Associated Press, Public Safety, New York City Schools, New York, NYPD, Democratic New York Rep, New, Southern, of Locations: York, New York City, Brooklyn, manila, Jersey, Manhattan, Turkish, New, Alexandria, of New York

☆ Eric Adams faces pressure to resign as New York Democrats plot next moves
▼ + stars: | 2024-09-26 | by ( Gregory Krieg | ) edition.cnn.com time to read: +13 min

CNN —New York City Mayor Eric Adams, the rank-and-file transit cop who rose to the city’s most powerful office, is no longer the master of his political destiny. President Joe Biden, asked at the White House on Thursday if Adams should resign, said, “I don’t know.”What will Jeffries do? “We need Eric Adams to be successful as mayor because he is the mayor at this moment in time,” Jeffries said. “No one is above the law, including the Mayor of New York City,” Schumer said in a statement. “This is squarely about Mayor Adams’ ability to govern New York City, and for the New York City governance to be fully staffed to serve the people of New York City,” Ocasio-Cortez told reporters Wednesday afternoon on Capitol Hill before news of the indictment broke.

Persons: Eric Adams, Adams, brazenly, –, “, Damian Williams, ” Williams, ”, ” Adams, Adams ’, Ingrid Lewis, Martin, Frank Carone, Carone, Jumaane Williams, ” Carone, “ It’s Eric Adams, Kathy Hochul, Hochul, Joe Biden, Jeffries, Hakeem Jeffries, ” Jeffries, Hakeem, Laura Gillen, Anthony D’Esposito, you’re, you’ve, ” Gillen, Chuck Schumer, ” Schumer, Scott Stringer, Brad Lander, Sen, Zellnor Myrie, ” Myrie, ” Stringer, ” Lander, Alexandria Ocasio, Cortez, Mayor Adams, ” Ocasio, Bob Holden, Adams ’ White, ” Holden, Chris Banks, ” Banks, Julia Salazar, Gustavo Rivera, Jabari, Phara Souffrant Forrest, Emily Gallagher, Brooklyn, Tiffany Caban, Alexa Aviles, Sandy Nurse, Chi Osse, ” Councilwoman Vickie Paladino, Andrew Cuomo, Cuomo, “ Cuomo, “ He’s, ” Cuomo, Rich Azzopardi, hasn’t, CNN’s Gloria Pazmino Organizations: CNN, New, New York City, Democratic, New York Times, Southern, of, Gracie, White, Brooklyn Democrat, Republicans, New York Democratic, New York, Republican, Washington D.C, Yorkers, Rep, Queens, State Locations: New York, New, of New York, ”, Brooklyn, Washington, South Shore, New York City, Alexandria, City, Queens, Holden’s, Brownsville, East New York, Sens

☆ There's a reason Diddy's famous friends have stayed silent amid his arrest. PR experts say it's the best strategy.
▼ + stars: | 2024-09-25 | by ( Callie Ahlgrim | Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

But Diddy's empire began to crumble when Ventura sued Combs last year, accusing him of rape and abuse. Last week, Combs was arrested and indicted on racketeering and sex trafficking charges by federal prosecutors in Manhattan. AdvertisementSean "Diddy" Combs depicted in a courtroom sketch from September 17, 2024. Jane Rosenberg/ReutersAs discussions and theories have swirled around Combs' felony counts, his famous friends, colleagues, and labelmates have also become sources of speculation. However, according to Evan Nierman, CEO of the crisis PR firm Red Banyan , that silence is almost certainly strategic.

Persons: —, Sean, Diddy, Combs, Jennifer Lopez, Cassie Ventura, Jay, Naomi Campbell, Justin Bieber, Mary J, Blige, John Legend, Mark Wahlberg, Prince Harry, Ventura, Jane Rosenberg, There's, Damian Williams, Ricky Vigil, Justin E Palmer, Evan Nierman, Nierman, Sean Combs, they'd, disavow Combs, Chris Brown, Jeff Kravitz, Eric Schiffer, he'd, Schiffer, " Schiffer, Usher, WireImage Usher, Streisand Organizations: Service, Metropolitan Detention Center, Hollywood, Business, Prosecutors, Diddy, Management, Ventura Locations: New York's, Manhattan, Combs, publicists

For decades, Sean “Diddy” Combs presented the image of a wealthy, Black music mogul, one who broke business barriers, threw lavish parties and even created iconic TV moments. But behind the scenes, prosecutors say, was a more sinister picture, with allegations of violence, sex trafficking and severe abuses of power. Sean "Diddy" Combs during a photo shoot to promote a Sean John fragrance in 2016. Casandra Ventura and Sean "Diddy" Combs attend the the Met Gala in New York City on May 7, 2018. Designer Donna Karan, musician Tommy Lee, singer Mariah Carey, host Sean "Diddy" Combs, Star Jones and rapper Reverend Run at "The Real White Party" presented by Combs at his East Hampton, N.Y., estate on Sept. 2, 2007.

Persons: Sean “ Diddy ” Combs, Combs, Tupac, Al Yankovich, Jennifer Lopez, Versace, “, Sean, Diddy, Sean John, Damian Williams, ” Fatima Goss Graves, ” “ Combs, ”, Goss Graves, ” Combs, Casandra, Cassie ” Ventura, Ventura, Dawn Richard, Rodney “, Rod ” Jones, Derrick Lee Cardello, Smith, Casandra Ventura, John Shearer, Oronike Odeleye, Kelly, Odeleye, ’ ” Odeleye, Combs ’, Craig Mack, Faith Evans, ” Richard, Nate Dogg, Snoop Dogg, Sean Combs, Forbes, Laurieann Gibson, ’, Paris Hilton, Leonardo DiCaprio, Mariah Carey, Jay, Oprah, ” Carson, Carson, Black, Donna Karan, Tommy Lee, Star Jones, Bryan Bedder, he’s, Mase, Aubrey O’Day, Danity Kane, O’Day, I’ve Organizations: Bad Boy Records, Penske Media, Getty, U.S, Metropolitan Detention, National Women’s Law, Legal Defense Fund, Hollywood, “, Uptown Records, Bad Boy Entertainment, MTV, University of Virginia, Labor, Paris, White Party, White, Bad, TMZ Locations: New York, Michigan, New York City, Carson, East Hampton, N.Y

☆ Shohei Ohtani’s 50-50 is just the latest chapter in an extraordinary season for the Los Angeles Dodgers star
▼ + stars: | 2024-09-21 | by ( George Ramsay | ) edition.cnn.com time to read: +7 min

CNN —It was perhaps fitting that Shohei Ohtani should achieve one of baseball’s most remarkable feats with an out-of-this-world performance. But despite being kept away from the mound, Ohtani has had a phenomenal debut season with the Dodgers. Ohtani smacks his 50th home run of the season, and with it, earns the first 50/50 in MLB history. Megan Briggs/Getty ImagesEven without pitching this season, Ohtani is still the odds-on favorite to win the NL MVP award, potentially the first to do so having played solely as a designated hitter (DH). A betrayal off the fieldAll the while, Ohtani’s record-breaking season on the diamond has come against the backdrop of off-field challenges.

Persons: Ohtani –, ”, “, –, Aaron Judge, Ohtani, Megan Briggs, Shawn Green, Ronald Acuña Jr, Alex Rodriguez, Raul Mondesi, Matt Kemp, Dave Roberts, Yoshimasa Hayashi, ” Hayashi, Ippei Mizuhara, Mizuhara, Damian Dovarganes, Mizuhara – Organizations: CNN, Los Angeles Dodgers, Miami Marlins, Major League Baseball’s, League MVP, Marlins, Dodgers, Los Angeles Angels, New York Yankees, National League West, NL West, Atlanta Braves, Seattle Mariners, MLB, ” Dodgers, City of Angels, US Department of Justice, Dodger Locations: Asia, South Korea, Santa Ana , California

☆ Hedge fund titan Steve Cohen is no longer trading stocks. Here's why it's an important milestone for the $4 trillion industry.
▼ + stars: | 2024-09-18 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

The news from Bloomberg that billionaire Point72 founder and legendary stockpicker Steve Cohen will no longer trade his book for the $35 billion fund Tuesday is paradoxically both shocking and expected. Of the big multi-strategy managers, the fact Cohen was still managing a book set him apart from his main competitors. Will there be another Steve Cohen? Cohen launched SAC with $20 million in 1992; new funds today need exponentially more to justify leaving seats at funds like Point72. Fictional hedge fund manager Bobby Axelrod, played by Damian Lewis, was loosely based on Steve Cohen.

Persons: —, Steve Cohen, Cohen, they've, — Cohen, He's, Point72, Ken Griffin, Izzy Englander, Dmitry Balyasny, Steve, he's, it's, Bobby Axelrod, Damian Lewis, Vincent D'Onofrio, Guy Fieri Organizations: Service, SAC Capital, Bloomberg, Business, SAC, MLB, New York Mets, Citadel, Academy, Tiger Cubs, Viking, Wall Street, Showtime, GameStop, Food Locations: Connecticut

Prosecutors in the Southern District of New York accuse Combs of sex trafficking, racketeering and transportation to engage in prostitution in the indictment unsealed Tuesday. “A year ago Sean Combs stood in Times Square and was handed a key to New York City,” he said. The sex trafficking count mentions “Victim-1,” whose interactions with Combs as described in the indictment mirror those described in Ventura’s lawsuit. According to the indictment, Combs attempted to bribe a member of the hotel security staff who had intervened. Since Ventura’s lawsuit, several others have accused Combs in separate lawsuits of sexual assault or sexual misconduct.

Persons: Sean “ Diddy ” Combs, Combs, ”, Prosecutors, Damian Williams, Williams, “, Sean Combs, he’s, Marc Agnifilo, “ He’s, ” Agnifilo, ” Combs, Kelly, Robert Sylvester Kelly, Mary J, Blige, Usher, Casandra Ventura, Cassie, Ventura, ” Williams, Douglas Wigdor, ” “ Combs Organizations: Prosecutors, of New, Homeland Security, Miami, of, CNN Locations: Southern, Manhattan, New York City, of New York, ”, Ventura, Los Angeles, Miami, U.S

☆ Secret Service chief says agency needs change and Sean 'Diddy' Combs arrested: Morning Rundown
▼ + stars: | 2024-09-17 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +8 min

Secret Service chief makes remarkable admission after apparent threat to Trump’s lifeThe U.S. Secret Service needs a "paradigm shift," the agency's acting director said a day after an apparent attempt on Donald Trump's life, the second in two months. Now, Congress is considering boosting Secret Service funding. Read more about what lawmakers had to say about Secret Service funding. The Secret Service has dramatically increased Trump’s security since the July 13 shooting, including more people and more technology. Sean ‘Diddy’ Combs arrested in New YorkSean "Diddy" Combs.

Persons: Donald Trump, Sean “ Diddy ” Combs, Donald Trump's, Ronald Rowe, Ryan Wesley Routh, Routh, Trump, “, Rowe, Read, Sen, JD Vance, Elon Musk, ”, Joe Biden, Kamala Harris, Sean ‘ Diddy ’ Combs, New York Sean, Diddy, Combs, Angela Weiss, Damian Williams, Marc Agnifilo, Andy Jassy, Jassy, Jeff Bezos, Harris, Sandy Hook, Sandy, Melissa Chan, Elizabeth Robinson Organizations: Secret Service, Trump, Service, U.S, Getty, National Hurricane Center, Carolina, National Weather Service, National Association of Black Journalists, Elementary, NBC, Adidas, Target Locations: East, Carolina, U.S, Florida, Routh’s, Iran, New York, North Carolina, Virginia, West Virginia, Maryland, Pennsylvania, Delaware , New Jersey, Southport, Michigan, Wisconsin

Aaron Dyer, an attorney for Combs, had described the searches in March as a “gross overuse of military-level force.”Authorities walk near a property belonging to Sean "Diddy" Combs in Los Angeles on March 25. Jones alleged that Combs was attempting to groom him into having a sexual relationship with him. Paul was named as an employee of Combs’ in Jones’ suit, which described him as someone who acquires and distributes drugs and guns on Combs’ behalf. The assault is alleged to have occurred days before Sean Combs hosted a New Year’s Eve yacht party with celebrity guests. Combs' attorney Marc Agnifilo said his client was the subject of "what we believe is an unjust prosecution."

Persons: Sean “ Diddy ” Combs, Combs, Damian Williams, Aaron Dyer, Sean, Diddy, Eric Thayer, Cassie, ”, Casandra Ventura, Joi Dickerson, Neal, Dickerson, Jan, “, Liza Gardner, Gardner, Aaron Hall, Gardner “, Jane Doe, Harve Pierre, Angela Weiss, Pierre, Doe, Rodney Jones, Rodney “, Rod ” Jones, ” Jones, Jones, Giorgio Viera, Brendan Paul, Jones ’, Dyer, Combs “, there’s, ” Dyer, “ Mr, ” Brendan Paul, Paul, Brian Bieber, Christian Combs, Grace O’Marcaigh, Sean Combs, O'Marcaigh, ” Combs, I’m, ” Meredith Firetog, ” Firetog, ‘, ’, Danity Kane, Dawn Richard, Kane, Richard, Marc Agnifilo, Agnifilo Organizations: Southern, of, Federal, U.S, NBC News, New York, Syracuse University, MCA Records, NBC, Getty, U.S ., Homeland Security Investigations, Officials, Dade, Homeland Security, CNN, MTV Locations: New York City, U.S, of New York, Manhattan, New York, Los Angeles, New, Harlem, Detroit, Michigan, Florida, Los Angeles and New York, U.S . Virgin Islands, Miami Beach, Angeles, Miami, Bahamas, Court

Sean “Diddy” Combs was arrested Monday, the U.S. Attorney's Office in New York said. U.S. Attorney Damian Williams confirmed in a statement that on Monday evening, federal agents had arrested Combs, based on a sealed indictment filed by the Southern District of New York. Combs’ attorney Marc Agnifilo expressed disappointment in a statement. Richard, who was a member of the girl group Danity Kane, which Combs formed on the MTV reality competition “Making the Band,” sued Combs last week. The warrant to search Combs’ properties came from the Southern District of New York, NBC News has reported.

Persons: Sean “ Diddy ” Combs, Combs, Damian Williams, “, ” Williams, Marc Agnifilo, ”, Sean ‘ Diddy ’ Combs, Casandra Ventura, Ventura, Dawn Richard, groped, Richard, Danity Kane, Puffy Organizations: Attorney's, U.S, Southern, of, MTV, Investigators, NBC News, Bad Boy Locations: U.S, New York, New York City, of New York, Miami, Los Angeles

☆ Takeaways from the racketeering conspiracy and sex trafficking indictment against Sean ‘Diddy’ Combs
▼ + stars: | 2024-09-17 | by ( Eric Levenson | ) edition.cnn.com time to read: +8 min

Diddy,’ aka ‘Diddy,’ aka ‘PD,’ aka ‘Love,’ the defendant, abused, threatened, and coerced women and others around him to fulfill his sexual desires, protect his reputation, and conceal his conduct,” the indictment states. The indictment lists eight purposes for Combs Enterprise, including the above-board businesses of operating a media, entertainment, and lifestyle business. Victims and sex workers participated in ‘Freak Offs’The indictment alleges Combs held what he called “Freak Offs,” or elaborate sex performances in which he drugged and coerced victims into extended sex acts with male sex workers. Further, Diddy kept videos he took of his victims engaging in sex acts, sometimes without their knowledge, the indictment states. Meanwhile, the sex trafficking charge is based on allegations against a single, unnamed “Victim-I” from about 2009 up to about 2018, the indictment states.

Persons: Sean “ Diddy ” Combs, Sean Combs, ’, ‘, ‘ Diddy, Combs, ”, Diddy, “ Combs, Sean, Casandra Ventura, Cassie, Combs “, Ventura, “, Damian Williams, Shannon Stapleton, ’ ” Organizations: CNN, US, Office, of, Bad Boy Entertainment, Combs Enterprise, Reuters Locations: Southern, of New York, Los Angeles, Miami

☆ Sean 'Diddy' Combs arrested following grand jury indictment
▼ + stars: | 2024-09-17 | by ( Katherine Tangalakis-Lippert | Laura Italiano | ) www.businessinsider.com time to read: +1 min

Sean "Diddy" Combs was arrested Monday following a grand jury indictment. Go to newsletter preferences Thanks for signing up! AdvertisementSean "Diddy" Combs was arrested in Manhattan on Monday following a grand jury indictment, his lawyer confirmed to Business Insider. "Earlier this evening, federal agents arrested Sean Combs, based on a sealed indictment filed by the SDNY," US Attorney Damian Williams said in a statement posted on X. "We expect to move to unseal the indictment in the morning and will have more to say at that time."

Persons: Sean, Diddy, Combs, —, Sean Combs, Damian Williams Organizations: DHS, Service, Business Locations: Manhattan

Two former high-ranking New York City Fire Department chiefs were indicted by federal prosecutors Monday on charges of pocketing bribes to expedite fire safety reviews. The charges come as Mayor Eric Adams' administration has been under scrutiny from prosecutors from the U.S. Attorney's office in Manhattan. "New Yorkers deserve better," U.S. Attorney Damian Williams said at a press conference where he announced the charges against the former chiefs, Anthony Saccavino and Brian Cordasco. Jocelyn Strauber, head of the New York City Department of Investigation, told reporters all the sites have since been re-inspected. Both are no longer with the FDNY — Saccavino retired in March and Cordasco retired in June.

Persons: Eric Adams, Edward Caban, Damian Williams, Anthony Saccavino, Brian Cordasco, Cordasco, Williams, Jocelyn Strauber, Saccavino, Robert Tucker, Adams, Caban’s, Sheena Wright, Public Safety Philip Banks III, “, ” Williams Organizations: New York, New York City Fire Department, Police, U.S, FDNY, department's, of Fire Prevention, New York City Department of Investigation, Department, FBI, Public Safety Locations: New York City, Manhattan

☆ Sean ‘Diddy’ Combs arrested in New York, his attorney tells CNN
▼ + stars: | 2024-09-16 | by ( Elizabeth Wagmeister | Josh Campbell | ) edition.cnn.com time to read: +3 min

CNN —Embattled musician and producer Sean “Diddy” Combs has been arrested, the mogul’s attorney tells CNN. According to a source, Combs was arrested in a Manhattan hotel on Monday night and is currently being processed. “We are disappointed with the decision to pursue what we believe is an unjust prosecution of Mr. Combs by the U.S. Attorney’s Office,” Marc Agnifilo, an attorney for Combs, told CNN. Combs’ attorney said that the musician has been cooperating with the investigation, and relocated to New York last week in anticipation of being charged. In an aerial view, the home of Sean "Diddy" Combs is seen during a raid by federal law enforcement agents in Los Angeles, California, on March 25.

Persons: Sean “ Diddy ” Combs, Combs, ” Marc Agnifilo, ”, Sean ‘ Diddy ’ Combs, ” Agnifilo, “, Damian Williams, Sean Combs, Sean, Diddy, Cassandra “ Cassie ” Ventura, CNN’s Kara Scannell Organizations: CNN, U.S, Attorney’s, Southern, of, Homeland Security Investigations, Justice Department Locations: Manhattan, New York, of New York, Los Angeles, Miami, Los Angeles , California

Convicted former FTX executive Ryan Salame's domestic partner Michelle Bond has been indicted in New York on federal charges accusing her of conspiring to raise unlawful campaign contributions from FTX for her unsuccessful run for Congress in 2022, prosecutors announced Thursday. Salame and Bond met in June 2021, and were in a relationship by early the following year, according to the indictment. The indictment alleges that Salame, identified only as CC-1, conspired with Bond to commit the crimes, saying that Salame arranged the payment from FTX to Bond. She then allegedly used "almost entirely" all of that money "to fund her campaign illegally," the indictment says. Salame's lawyers claim prosecutors reneged on an agreement to drop their campaign finance probe of Bond as an incentive to get him to plead guilty.

Persons: Ryan Salame's, Michelle Bond, FTX, Damian Williams, Bond, Salame, Bond's, Baker, Sterling Marchand, Marchand Organizations: Manhattan U.S, New Locations: New York, FTX, Potomac , Maryland, New York's, Long, Washington, Manhattan

Meanwhile, Mizuho raised its price target on Palo Alto Networks ahead of the company's upcoming earnings release. But Grambling shaved $4 off his price target to $47, though that still implies 57.5% upside from Monday's close. Long kept his price target unchanged at $97, which reflects just 1.8% in upside over Monday's closing price. Analyst Laurent Yoon downgraded the media stock to market perform from outperform and shaved $2 off his price target to $8. Analyst Gregg Moskowitz raised his price target on the cybersecurity stock to $380 from $350, maintaining his outperform rating.

Persons: Bernstein, Mizuho, Rollins, Wells Fargo, Jason Haas, Haas, — Alex Harring, Thomas Palmer, Palmer, Morgan Stanley, DraftKings, Stephen Grambling, Grambling, Alex Harring, Tim Long, Long, Dell, Damian Karas, Karas, " Karas, Warner, Laurent Yoon, Yoon, Discovery's Turner, Gregg Moskowitz, Moskowitz, Fred Imbert Organizations: CNBC, Warner Bros, Palo Alto Networks, Hormel Foods, Citi, Hormel, Planters, Grambling, DraftKings, Barclays, Dell, Nasdaq, UBS, Discovery, NBA, Discovery's Turner Sports, Mizuho Locations: Wells Fargo, Monday's, Southern, Grambling, Palo Alto

☆ What to watch at Olympics today: Sha’Carri Richardson, Simone Biles, Katie Ledecky — and so much more
▼ + stars: | 2024-08-03 | by ( Lukas Weese | ) www.nytimes.com time to read: +8 min

ET, 5:16 p.m. in Paris (men’s pommel horse)TV: NBC and PeacockWhat to watch: Biles continues her gold medal aspirations when she competes in the individual vault competition. Biles enters the vault competition as the leader from qualifying after posting a 15.3. The Canadiens, reigning gold medal winners, needed to win all three matches to get through — and they did. GO DEEPER Ledecky becomes most decorated U.S. female OlympianCanadian Summer McIntosh eyes her third Olympic gold at just 17 years old. With a win Saturday, Crouser would be the first male shot putter to win three Olympic gold medals.

Persons: We’ve, Sha’Carri Richardson, Simone Biles, Stephen Nedoroscik, Katie Ledecky’s, —, Nedoroscik, Biles, Jade Carey, Rebeca Andrade, Nedoroscik —, Ireland’s Rhys McClenaghan, Peter Vidmar, It’s, Richardson, Jamaica’s Shericka Jackson, Jamaica’s Shelly, Ann Fraser, Pryce, Sha'Carri Richardson, Mallory Swanson, Alex Livesey, Sophia Smith, Trinity Rodman dazzled, Emma Hayes ’, Hayes, Davidson, Shaw, Ledecky, American Paige Madden, Ariarne, McIntosh, American Kate Douglas, Douglass, Crouser, Ryan Crouser, American Joe Kovacs, Germany’s Leo Neugebauer, Michael Steele, Damian Warner, Kevin Mayer of, Pierre LePage, Leo Neugebauer, Ayden Owens, Sander Skotheim, Franz Wagner, Orlando, Wagner, Andrej Isakovic Organizations: Paris Olympics, NBC, U.S, USA, Stade de France, Getty, United, Olympic, Canada, FIFA, New Zealand, Canadiens, Spain, Canada Soccer, La Defense, Ledecky, Kevin Mayer of France, Puerto Rico Locations: Paris, American, Sha'Carri, USWNT, Canada, women’s, United States, Japan, Germany, U.S, Colombia, France, Brazil, Los Angeles, Tokyo, Puerto, Norway, AFP

The tragedy is sadly far from unique; extreme heat is turning ordinary activities deadly. Heat is the deadliest type of extreme weather, and the human-caused climate crisis is making heat waves more severe and prolonged. What heat does to your heartVideo Ad Feedback A rise in heat and humidity pushes the heart rate up. In extreme heat, your heart must work much harder to keep your body’s internal temperature stable. Blood flow to your brain decreases in extreme heat as breathing speeds up and blood vessels constrict inside your neck and skull.

Persons: Philip Kreycik, Kreycik, Santiago Mejia, Taylor, We’ve, ”, Matthew Huber, Damian Bailey, Bailey, “, ” Bailey, Laura Paddison, Catharina Giudice, Harvard T.H, it’s, Pope Moseley, ” Moseley, Moseley, they’ve, Giudice, Purdue University’s Huber, ” Huber, Richer, Jane Baldwin, Bharat Venkat, Venkat, Jen Christensen, Mary Gilbert, Angela Dewan, Angela Fritz , Mark Oliver, Henry Zerkis, Angelica Pursley , Yukari Schrickel, Elisa Solinas, Lou Robinson Organizations: CNN, Police, San Francisco Chronicle, Purdue University, Olympic Games, University of South, Harvard, of Public Health, Arizona State University, Purdue, University of California, World Health Organization, UCLA, Mary Gilbert Story Locations: Pleasanton, California, Mecca, Paris, University of South Wales, Chan, West Africa, South Asia, University of California Irvine

☆ PIPs have rankled the Wall Street Journal newsroom and are at the center of a new lawsuit
▼ + stars: | 2024-07-09 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Read previewAn uptick in disciplinary actions during Emma Tucker's reign at The Wall Street Journal has unnerved the newsroom, and now a former Journal reporter has filed a lawsuit challenging them. The lawsuit, filed by Stephanie Armour, alleges that she was fraudulently targeted for dismissal starting in April 2024 despite excelling in her job. Some said they saw the moves as a way to get rid of high-earning employees who are protected from being fired without cause by Journal publisher Dow Jones' union, IAPE. It was formed after Rupert Murdoch's acquisition of Dow Jones in 2007 to allay concerns of Dow Jones' longtime former owners, the Bancroft family. Dow Jones and editorial leadership haven't immediately responded to requests for comment from Business Insider.

Persons: —, Emma Tucker's, Stephanie Armour, they've, Dow Jones, Jodi Green, Rupert Murdoch's, Bancroft, Tucker's, Damian Paletta, Janet Adamy, Armour, Paletta, Amour, I'd, I've, Robert Housman, Housman, haven't, Tucker, Lucia Moses Organizations: Service, Wall, Business, Dow, Journal, Dow Jones & Co, Washington, District of Columbia, Hill Partners Locations: lmoses@businessinsider.com

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