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Bad for business.”The email to Cooper was revealed as part of Dominion Voting Systems’ $1.6 billion defamation lawsuit against Fox News. Dominion Voting SystemsIn earlier court filings, the data about the Fox Nation subscriptions had been redacted. The messages underscore the panic that gripped Fox News in the wake of the 2020 election when its viewers rebelled against the channel for accurately calling the election for President Joe Biden. At the time, Powell, Giuliani and host Lou Dobbs were promoting debunked conspiracy theories that Dominion had rigged the 2020 election by flipping millions of votes. fox dominion email Dominion Voting Systems“Any day with Rudy and Sidney is guaranteed gold!” the Dobbs producer wrote.

March 28 (Reuters) - A U.S. judge on Tuesday affirmed the Boy Scouts of America's $2.46 billion settlement of decades of sex abuse claims, rejecting appeals by some of the group's insurers and abuse claimants. The Boy Scouts settlement, approved in bankruptcy court in September, was supported by 86% of abuse claimants and the Boy Scouts' two largest insurers. The Boy Scouts organization said it was "enormously grateful" to abuse survivors who spoke out about their experiences and who voted to support the settlement. The judge rejected insurers' appeals that argued the Boy Scouts organization colluded with abuse claimants to shift liability to insurers. The Boy Scouts also contributed additional insurance rights, which may be worth more than $4 billion, to the fund will pay abuse claims, according to Andrews' ruling.

WASHINGTON, March 22 (Reuters) - U.S. President Joe Biden's team is leaning toward basing his 2024 re-election campaign in his hometown of Wilmington, Delaware, and is considering at least three people to serve as his campaign manager, Democratic sources familiar with the matters said. Philadelphia, home to Biden's 2020 campaign operations, has also been under consideration, the sources said. The president is considering at least three people for the role of campaign manager, according to Democratic sources familiar with the deliberations. Jen O'Malley Dillon, who served as Biden's campaign manager in 2020, has ruled out returning to the role in 2024, two sources said. Now deputy chief of staff at the White House, she will be influential in selecting who takes the reins for the 2024 race, one source said.

☆ What to do with your money now that the Fed just raised rates for the ninth time
▼ + stars: | 2023-03-22 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +9 min

“But the average credit card rate is now at a record high above 20%, auto loan rates are at a 12-year high and mortgage rates are still north of 6.5%. But online high-yield savings accounts now offer rates as high as 5%, well above the 0.23% national savings account average, according to Bankrate. Another high-yield savings optionGiven today’s still-high rates of inflation, Series I savings bonds may be attractive because they’re designed to preserve the buying power of your money. Your credit card debt: Minimize the biteIf you’re carrying credit card debt, expect to see a hike in the rate you pay within a few statements. “Credit card rates are at record highs and still rising.

WILMINGTON, Delaware, March 22 (Reuters) - Lawyers for Fox Corp (FOXA.O) and Dominion Voting Systems clashed in court on Wednesday over whether top Fox executives including Chairman Rupert Murdoch should be considered liable in the voting-technology company's $1.6 billion defamation lawsuit over 2020 U.S. election vote-rigging claims aired by Fox News. Dominion has argued that liability for the claims extends to the highest echelons of Fox. A Fox lawyer disputed the claim on Wednesday, arguing that executives including Murdoch were not directly involved in the allegedly defamatory television appearances by Trump lawyers, who falsely claimed Dominion stole the election. Dominion lawyer Justin Nelson argued that evidence amassed during the discovery phase of the case, including emails, shows that top Fox executives did not believe the claims but aired them anyway in pursuit of ratings. Dominion maintains that Fox knowingly spread false information or acted with reckless disregard for the truth, thereby meeting the "actual malice" standard necessary to win a defamation case.

California banking regulators on March 10 closed Silicon Valley Bank in the largest U.S. bank failure since the 2008 financial crisis. Kurt Gwynne, an attorney for the FDIC as receiver for Silicon Valley Bank, disputed at Tuesday's hearing that regulators had done anything improper. Destroyed SVB (Silicon Valley Bank) logo is seen in this illustration taken March 13, 2023. Glenn said he was prepared to allow SVB Financial to use up to $100 million for investment activity. Silicon Valley Bank was SVB Financial's largest asset, accounting for more than $15.5 billion of SVB Financial's $19.7 billion in total assets.

Murphy sought to provide context for the defamatory statements alleged by Dominion and argued that reasonable viewers understood that the claims aired on Fox News were mere allegations. The Fox News statements cited by Dominion included a Twitter post by former Fox Business host Lou Dobbs that included pro-Trump hashtags. Lawyer Justin Nelson answered no, saying Dominion's allegation is that Fox knew Trump's lawyers were going to make false claims but hosted them on its shows anyway. Abby Grossberg, who was head of booking for Fox News host Tucker Carlson, said coaching and intimidation by Fox lawyers before her deposition left her "feeling pressured not to name names or to implicate others, in particular prominent male on-air personalities and Fox News executives." Fox said in a statement on Tuesday that Grossberg's "allegations in connection with the Dominion case are baseless and we will vigorously defend Fox against all of her claims."

☆ Shoppers say secondhand stores like Goodwill are getting too expensive as Gen Z makes thrifting cool
▼ + stars: | 2023-03-21 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +4 min

TikTokers are complaining about high prices in secondhand stores like Goodwill and Salvation Army. The US thrift market has grown substantially in recent years and thrifting has become a popular pursuit of Gen Z shoppers, who have been credited with championing a more sustainable way to shop. But Gen Z shoppers aren't only buying secondhand items for themselves. That is a dubious delineation when it comes to major secondhand clothing corporations," Jennifer Le Zotte, an assistant professor at the University of North Carolina Wilmington told Vox. 23-year-old Stefani Colvin, who has been thrifting since 2016, told Insider that prices have been gradually on the rise in thrift stores.

☆ Fox bosses ‘shut down’ fact checking with 2020 conspiracies, Dominion lawyer says
▼ + stars: | 2023-03-21 | by ( Marshall Cohen | ) edition.cnn.com time to read: +11 min

Dominion is suing Fox News over the right-wing channel’s airing of false claims of election fraud around the 2020 presidential election. Fox News argued that Dominion should instead rely on the “lengthy depositions” that these witnesses already gave. It claims Dominion hasn’t shown anything strong enough to overcome the high bar that the First Amendment provides, protecting good-faith journalists from speech-chilling defamation lawsuits. Dominion lawyer Rodney Smolla said its high-stakes defamation case against Fox News will protect the public discourse and hold accountable people who deliberately lied about the 2020 election. “They endorsed,” Murdoch said, referring to Fox hosts Sean Hannity, Jeanine Pirro, Maria Bartiromo, and former host Lou Dobbs.

☆ Current valuations make the tech sector look more attractive, says Wedbush's Sahak Manuelian
▼ + stars: | 2023-03-21 | 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 EmailCurrent valuations make the tech sector look more attractive, says Wedbush's Sahak ManuelianMeghan Shue of Wilmington Trust and Sahak Manuelian, Wedbush Securities, join 'Closing Bell: Overtime' to discuss market trends and sector leaders.

☆ Warren Buffett in discussions with Biden officials on banking crisis
▼ + stars: | 2023-03-18 | by ( ) www.reuters.com time to read: +1 min

[1/2] Warren Buffett, Chairman, CEO and largest shareholder of Berkshire Hathaway takes part in interviews before a fundraising luncheon for the nonprofit Glide Foundation in New York September 8, 2015. REUTERS/Lucas Jackson/File PhotoWILMINGTON, Delaware, March 18 (Reuters) - Berkshire Hathaway Inc's (BRKa.N) Warren Buffett has held discussions with senior Biden adminstration officials about the banking crisis, a source familiar with the matter told Reuters on Saturday. Bloomberg News reported earlier that Buffett had been in touch with administration officials in recent days about the regional banking crisis, Bloomberg News reported on Saturday. The source declined to elaborate on the details of the discussions. The collapse of Silicon Valley Bank and Signature Bank this month has shaken confidence in the banking system and prompted a sell-off in banking stocks.

☆ Solenis to take disinfectant maker Diversey private in $4.6 bln deal
▼ + stars: | 2023-03-08 | by ( ) www.reuters.com time to read: +2 min

March 8 (Reuters) - Specialty chemicals maker Solenis will buy disinfectant maker Diversey Holdings Ltd (DSEY.O) in an all-cash deal valued at $4.6 billion including debt, the companies said on Wednesday. It will contribute about 56% of its existing equity into Solenis and sell the remaining to the company for cash. Headquartered in Wilmington, Delaware, Solenis manufactures specialty chemicals used in water-intensive industries and was acquired by Platinum Equity in 2021. In 2021, Diversey became Solenis' distribution partner for its complete portfolio of water and process treatment chemicals to the food and beverage industry. The company plans to finance the deal with a combination of committed debt and equity financing, including contribution from Bain.

☆ Biden to spotlight voting rights, Black voters in 'Bloody Sunday' Selma visit
▼ + stars: | 2023-03-05 | by ( Jeff Mason | ) www.reuters.com time to read: +2 min

It also is happening with Biden's efforts to pass voting rights legislation stalled in Congress. The president will speak at the Edmund Pettus Bridge, where state troopers clubbed and used tear gas against the 1965 voting rights marchers, including John Lewis, a Black civil rights activist who went on to become a U.S. congressman. Coverage of the brutality shocked the nation and helped spark the 1965 Voting Rights Act. "President Biden will talk about the importance of commemorating Bloody Sunday so that history cannot be erased," White House spokesperson Karine Jean-Pierre told reporters on Friday. "He will highlight how the continued fight for voting rights is ... integral to delivering economic justice and civil rights for Black Americans."

☆ 3D printer company to pay U.S. up to $27 mln for violating export curbs to China
▼ + stars: | 2023-02-27 | by ( Karen Freifeld | ) www.reuters.com time to read: +2 min

WASHINGTON, Feb 27 (Reuters) - 3D Systems Corp on Monday agreed to pay up to $27 million to settle with the U.S. for illegally exporting to China controlled design drawings for military electronics and spacecraft, among other violations. Besides the Commerce Department, the company also settled with the U.S. Department of Justice and the U.S. Department of State. The Commerce Department penalty is for $2.8 million. In addition to the aerospace documents, the Commerce Department said, 3D Systems exported metal alloy powder to China without a license, although it is restricted for national security and nuclear nonproliferation reasons. "The company is pleased to have reached a settlement with the agencies and remains committed to continuing to enhance its export controls program," 3D Systems said in a statement.

☆ Watch CNBC’s full post-market discussion with Needham’s Chris Retzler and Wilmington’s Meghan Shue
▼ + stars: | 2023-02-24 | 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 post-market discussion with Needham’s Chris Retzler and Wilmington’s Meghan ShueNeedham’s Chris Retzler and Wilmington’s Meghan Shue join 'Closing Bell: Overtime' to discuss their respective market outlooks and where investors should be looking for opportunities.

☆ Needham’s Chris Retzler says find opportunities in semis and software
▼ + stars: | 2023-02-24 | 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 EmailNeedham’s Chris Retzler says find opportunities in semis and softwareNeedham’s Chris Retzler and Wilmington Trust’s Meghan Shue join 'Closing Bell: Overtime' to discuss their market outlook and where investors should be looking for opportunities.

☆ Judge to hear final arguments in trial over Musk's $56 billion Tesla pay
▼ + stars: | 2023-02-21 | by ( Tom Hals | Thomson Reuters | Award-Winning Reporter With More Than Two Decades Of Experience In International News | ) www.reuters.com time to read: +2 min

[1/2] Tesla vehicles are shown at a Tesla service center in San Diego, California, U.S., January 13, 2023. REUTERS/Mike BlakeCompanies Tesla Inc FollowWILMINGTON, Del, Feb 21 (Reuters) - Lawyers for Elon Musk and a Tesla Inc (TSLA.O) investor will make closing arguments on Tuesday in a trial over his $56 billion pay package and whether it fueled the electric carmaker's growth or improperly subsidized Musk's dream of one day traveling to Mars. The arguments follow a five-day trial in November that featured testimony from the Tesla chief executive about the origins of the 2018 pay package and whether its performance goals were difficult to achieve and accurately described to investors. Musk, who founded rocket company SpaceX, admitted during his testimony that his pay package provided funds he would use to finance interplanetary travel. His lawyers also argued the pay plan benefited shareholders by increasing the value of their stock 10 times.

[1/2] Tesla vehicles are shown at a Tesla service center in San Diego, California, U.S., January 13, 2023. At Tuesday's closing arguments in a Delaware court, a judge pressed lawyers representing Tesla directors and the investor challenging Musk's pay over whether the company's explosive growth outweighed misleading disclosures about the pay plan in 2018. The pay package contributed to Musk's fortune, the world's second-largest, and has no comparison in the world of executive pay. Tesla investor Richard Tornetta sued Musk and the board in 2018, arguing it unjustly enriched Musk and should be voided. Attorneys for the Tesla directors argued that Tornetta never challenged the main details of the proxy that described the plan, such as the goals Musk had to meet.

Biden's private lawyer disclosed on Saturday that DOJ officials turned up classified documents related both to Biden's vice presidency and even his time in the US Senate. Garland's swift announcement came after earlier news that a second batch of classified documents was found on Biden's property. Here, a timeline lays out Biden's involvement with the classified documents — and how it sometimes overlapped with the turmoil around Trump's classified documents probe. January 14: White House says more classified documents were found in Biden's homeAdditional pages of classified documents were found in Biden's Wilmington home in a storage room next to the garage, The New York Times reported. January 21: DOJ finds 6 more pages of classified documents in Biden's homeFederal investigators searched Biden's Wilmington home on Friday and found half a dozen classified documents, according to Biden's personal attorney, Bob Bauer.

☆ The DOJ will brief lawmakers on the classified documents recovered from Trump and Biden
▼ + stars: | 2023-02-15 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +4 min

The DOJ will brief some lawmakers on the nature of the classified records recovered from Trump and Biden. The DOJ has so far resisted bipartisan calls from lawmakers to get access to the documents themselves. FBI personnel swept Biden's properties at least three times as part of its investigation into his handling of classified documents. The documents were turned over to the Archives shortly after, and the FBI also searched the office in mid-November and began assessing whether classified documents had been mishandled. Trump, meanwhile, is facing his own criminal investigation after the FBI executed a search warrant at his Mar-a-Lago property last August and recovered troves of classified documents that Trump had resisted turning over to the government.

Companies Ledgerx LLC FollowFeb 15 (Reuters) - A U.S. bankruptcy judge on Wednesday denied calls for a new, independent investigation into the collapse of crypto exchange FTX, saying that the proposed investigation would be redundant to other investigations being carried out by FTX's new management and law enforcement. FTX and the committeee representing its junior creditors opposed that demand, saying that the proposed examiner would merely duplicate work already being done by FTX, its creditors, and law enforcement agencies. The proposed examination would also drain millions of dollars from FTX's limited funds, the company argued. FTX, once among the world's top crypto exchanges, shook the sector in November by filing for bankruptcy, leaving an estimated 9 million customers and investors facing billions of dollars in losses. Several former top executives, including Alameda Research CEO Caroline Ellison, have pleaded guilty to fraud.

☆ FBI searching Pence's home in classified documents probe -Justice Dept official
▼ + stars: | 2023-02-10 | by ( Sarah N. Lynch | ) www.reuters.com time to read: +2 min

WASHINGTON, Feb 10 (Reuters) - The FBI on Friday conducted a consensual search at the Indianapolis residence of former Vice President Mike Pence, after classified documents were discovered at his house last month, a Justice Department official told Reuters. The search comes just a few weeks after Pence's attorney Greg Jacobs notified the National Archives in a Jan. 18 letter about the discovery of records with classified markings. The search of Pence's home comes as former President Donald Trump and President Joe Biden face investigations by two special counsels over the retention of classified records. Biden had an office there after he served as vice president under Barack Obama and before his presidential election. A third search of Biden's Delaware beach home earlier this month did not find any additional documents.

In addition to locating one page with classified markings, the FBI also recovered "six additional pages without such markings that were not discovered in the initial review by the vice president's counsel," he added. The search of Pence's home comes as former President Donald Trump and President Joe Biden face investigations by two special counsels over the retention of classified records. The FBI conducted a court-approved search of Trump's Florida estate on Aug. 8, where they collected about 13,000 records, about 100 of which contained classified markings. Biden had an office there after he served as vice president under Barack Obama and before his presidential election. Since then, additional records were also found at Biden's residence in Wilmington.

[1/2] The logo for AstraZeneca is seen outside its North America headquarters in Wilmington, Delaware, U.S., March 22, 2021. REUTERS/Rachel Wisniewski/Companies AstraZeneca PLC FollowLONDON, Feb 9 (Reuters) - Britain's business climate is deterring biopharma companies from investing in the country, AstraZeneca (AZN.L) chief Pascal Soriot said on Thursday, highlighting his company's decision to shift plans for a new manufacturing plant to Ireland. He highlighted AstraZeneca's recent decision to build a manufacturing facility in Ireland instead of the UK as evidence of Britain becoming less attractive for drugmakers. The decision, made in 2021, was also linked to the UK government's Voluntary Scheme for Branded Medicines Pricing and Access (VPAS), a company spokesperson added. Reporting by Natalie Grover and Maggie Fick Editing by Tomasz Janowski, Barbara Lewis and Susan FentonOur Standards: The Thomson Reuters Trust Principles.

In Wisconsin, the Democratic president told workers at a union training facility "it looks like we negotiated a deal last night" on Social Security. Deal or no, Biden reasserted that Republicans want to cut the popular old-age and healthcare programs in Wisconsin, pointing to statements by some Republican lawmakers. Democrats hope Biden can turn the economy - a perceived weakness among some independent voters despite record-setting job creation - into a selling point during his expected re-election campaign. Wisconsin is a closely contested state that flipped from supporting Republican former President Donald Trump in 2016 to favoring Biden in 2020. Biden is expected to address Social Security and Medicare in Florida, a state where more than 20% of the population is 65 years and older.

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