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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
Combs‘ decision to settle the lawsuit does not in any way undermine his flat-out denial of the claims,” Combs’ attorney said at the time. CNN has reached out to representatives for Ventura for comment on Combs’ criminal indictment, which may not have happened had she not had the courage to share her account. Her talent and beauty attracted the attention of Combs, who signed Ventura to his Bad Boy Entertainment label. Ventura and Combs first went public with their romantic relationship in 2012 and were soon regulars at fashion shows and Hollywood parties. I’m truly sorry.”Ventura thanked her supporters and turned her focus to domestic violence survivors.
Persons: Cassie Ventura, Sean “ Diddy ” Combs, Mr, Combs, ” Combs, Elizabeth Ventura, Ventura, Ryan Leslie, , , Sean John, Lil Wayne, Madam Noire, ” Cassie, Kevin Mazur, you’re, ‘ Aw, , Alex Fine, , “ Cassie, ” Sean Combs, Angela Weiss, ” Ventura, Slim Thug, I’m Organizations: CNN, Ventura, Bad Boy Entertainment, Hollywood, Pitchfork, BET, Getty, New York, Locations: Combs, New London , Connecticut, New York, Los Angeles,
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
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
Bulletproofing America’s Classrooms
  + stars: | 2024-09-18 | by ( Emily Baumgaertner | Alex Kalman | ) www.nytimes.com   time to read: +11 min
Ballistic armor companies are marketing protective products designed for the military to parents and schools. A snippet from a series of demonstration video on First Line Furniture's website. Bulletproof Collapsible Safe RoomsA snippet from a demonstration video on the KT Security Solutions website. Still, with another back-to-school season in full force, some educational leaders are deeply troubled by the proliferation of armored products. “Arm us with books, counselors and resources, not bulletproof vests,” said Randi Weingarten, president of the American Federation of Teachers.
Persons: , McGraw Hill, , Dewey Cornell, Steve Naremore, you’re, ’ ”, I’m, , Kenneth Trump, , Carrie Gaines, Gunnar, Hardwire, Trump, James Bond, Aaron Taormino, Seals, Mr, Daniel Leventry, ’ It’s, we’ll, J.C, Velazquez, Let’s, Ross Kaelin, Steven Lamkin, Randi Weingarten Organizations: National Institute of Justice, , University of Virginia, Atomic Defense, Tuffy, New York Times, Lineville Elementary, KT, Solutions, KT Security Solutions, 3M, Covenant School, Salisbury Christian School, Police, American Federation of Teachers Locations: United States, Uvalde , Texas, America, Redding, Calif, Parkland, Tampa , Fla, , Alabama, Nashville, Tenn, Maryland, Salisbury, Md, hardwirellc.com
With the Federal Reserve rate-cutting cycle expected to begin and the November election just around the corner, now could be a good time to invest in municipal bonds. Interest earned on municipal bonds are free from federal tax. Close said he is already seeing financial advisors start to position their muni portfolios in anticipation of changes. Unlike the Treasury market, the muni market yield curve is upward sloping, Close said. In addition, there's room for lower-rated municipalities to outperform, such as A, BBB and high yield, Norton said.
Persons: Matthew Norton, Norton, Dan Close, Close, It's, Paul Malloy, Malloy, it's, Vanguard's Malloy, Nuveen's Organizations: Federal, Democratic, White House, Congress, municipals, Vanguard, BBB, AAA, AA, Treasury, Investment Company Institute, Fed Locations: Nuveen, California , New York, New Jersey, New York, California, AllianceBernstein
Unfortunately, Kamala Harris doesn’t have anything keeping her humble,” said Sanders, the first female governor of Arkansas and Trump’s former White House press secretary. Unfortunately, she doesn’t.”The comments come as the Trump campaign attempts to narrow the gap with Harris among female voters. “That’s the lack of humility Governor Sanders was referencing.”The Harris and Trump campaigns did not respond to requests for comment. Kamala Harris has spent her entire career working for the people, ALL families,” she wrote on social media Tuesday in response to Sanders’ remarks. “When you have no substance, you have to resort to superficiality,” said Donna Brazile, a Harris ally and veteran Democratic political strategist.
Persons: Sarah Huckabee Sanders, Donald Trump, Kamala Harris doesn’t, Sanders, , , Trump, Harris, Trump’s, JD Vance, doesn’t, they’ve, ” Vance, Taylor Swift, Vance, Cat Lady, ” Trump, ” Sam Dubke, ” Dubke, – Cole, Ella Emhoff –, Doug Emhoff, ” Cole Emhoff, Kerstin Emhoff, “ Cole, Ella, Kamala Harris, Sanders ’, Donna Brazile, Brazile, Scott Jennings, ” Jennings, Abby Phillip ”, ” Brian Lanza, Phillip, ” Lanza Organizations: CNN, Arkansas, Trump, White House, Democratic Party, Republican, Biden, Democratic National Convention, Democratic, Republicans, Republican Party Locations: Flint , Michigan, Arkansas, Ohio, Washington, America, Flint
Yen carry trade unwind is not done yet, says strategist
  + stars: | 2024-09-18 | 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 EmailYen carry trade unwind is not done yet, says strategistFrancis Tan of CA Indosuez Wealth Management says the the yen is still undervalued versus the U.S. dollar, adding that he sees more room for further appreciation of the Japanese currency.
Persons: Francis Tan of Organizations: Francis Tan of CA Indosuez Wealth Management, U.S . Locations: Francis Tan of CA
Trade Tracker: Jim Lebenthal trims Google and Oracle
  + stars: | 2024-09-18 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Jim Lebenthal trims Google and OracleJim Lebenthal, chief equity strategist at Cerity Partners, joins CNBC's 'Halftime Report' to explain why he's trimming these two tech names.
Persons: Lebenthal, Jim Lebenthal Organizations: Cerity Partners
Netflix co-CEO Ted Sarandos spoke at the 2024 Fast Company Innovation Festival. Sarandos was asked about Netflix's shift from rejecting ads and original content to embracing both. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Netflix's co-CEO, Ted Sarandos, was asked about past switch-ups on things it said it would "never" introduce to the platform during an interview at the 2024 Fast Company Innovation Festival on Wednesday.
Persons: Ted Sarandos, Sarandos, Organizations: Netflix, Innovation, Service, Business
Even as teenagers, the three Alexander brothers were notorious for being predatory, according to multiple people who knew them at the time. AdvertisementHofeldt said she'd seen the Alexander brothers around at parties before she met them during the 2003-2004 school year. Several months after the assault, Hofeldt invited the brothers' friend Julian Cohen to her house in the middle of the night. Oren Alexander and Howard Lorber at a party at Sir Ivan's Castle in the Hamptons in July 2011. The Alexander brothers have been accused by multiple people of assaulting women in tandem on numerous occasions.
Persons: she'd, Oren, Alon Alexander, Alon, , Aaron Davidson, Alexander, Tal, Douglas Elliman, Kate Whiteman, Rebecca Mandel, Whiteman, Mandel, Angelica Parker, Renée Willett, Evan Torgan, Hunter Abrams, James, Shlomy, Orly, Michael M, Abby Hofeldt, choo, Rae Rae, Hofeldt, clotheslined, Gavin, they'd, Hofeldt's, Margo Hofeldt, Abby, Julian Cohen, Felix Cohen, Shlomy Alexander, Elliman, Douglas, Howard Lorber, Lorber, Oren Alexander, Steven Henry, Sir Ivan, Howard, Howard's, Oren's, James Ferraro, Ferraro, Ken Griffin, Bart's, Dina Goldentayer, Sean Zanni, Patrick McMullan, Barbara Fox, Beckford, Fox, Douglas Elliman's Erik Schneider, Jeff Miller, Brown Harris Stevens, Ken Griffin's, Griffin, Tal didn't, Douglas Elliman's, Gary Hershorn, Tal masturbated, texted Oren, Oren didn't, hadn't, Justin Ross Lee, he'd, Scott Roth, Lee, Matthew Peyton, Beth, Alon messaged Beth, Instagram, Beth messaged Alon, Beth Beth's, Floyd Mayweather Jr, Conor McGregor, Michael Stern, Stern, Mayweather, McGregor, Marc Patrick, what's, Sara Militello, Nicole Oge, Deanna Paul, Daniel Geiger Organizations: East Hampton, Business, Getty, Deal, FBI, Street Journal, Kent Security, Krop, High School, North Miami Beach, Miami Country Day, Miami Country Day School, Bacardi, University of Colorado, University of Maryland, Hofstra University, Sir, Hamptons, Manhattan, Forbes, Miami Beach, Douglas Elliman's, Real, New York Fashion, Art Basel, Vogue, Bath Club Estates, New York, Fox Residential, Board, New, Faena, Street, BI, Miami Herald, Tal, Peaceman Productions, UFC, Las Vegas, JDS, Brooklyn Tower, Stern of JDS, New York Post Locations: Long, Florida, Soho, Las Vegas, New York City, New York, Miami, South Florida, Orly Alexander, Israel, North Miami, Krop, Aventura, Hofeldt, Boulder, Sir Ivan's, Manhattan, Dominican Republic, Malibu, St, Brazilian, Elliman, Bath, New, Corcoran, Southampton, Water, East Hampton, Instagram, Teterboro , New Jersey, Las, Vegas, Teterboro, Brooklyn, what's
"We estimate that Brent could fall to roughly $50 per barrel in a moderate [U.S.] recession … We have a fairly benign view on the global economy," Struyven said during the conference. en Luckock global head of oil at Trafigura"Things are slowing down. Trading Giant Trafigura raised concerns about China's weak demand, and the global oil consumption tied to it. China's slowdown has spurred some to scour for alternative oil demand drivers, with a few eyeing India as a potential candidate. India is the third largest consumer of oil at around 5 million barrels of oil per day, 5% of the world's oil consumption.
Persons: Andrey Rudakov, Goldman Sachs, Brent, Struyven, Torbjörn Törnqvist, Ben Luckock, we're, Bing Chen, Gunvor Organizations: Tuapsinsky, Rosneft Oil, Bloomberg, Getty, Global Commodities, Daan, CNBC, Global, Brent, U.S, West Texas Locations: Tuapse, Russia, China, U.S, Ukraine, India, Japan, Germany, Hong
CNN —Far be it from anyone to identify a defined strategy in the cat memes that have overtaken the American political conversation in a pivotal election year. Never mind the state’s Republican governor, who also counseled against a campaign visit, called out state troopers to city schools to ease concern about scores of bomb threats. Intentional or not, the insult cued a new round of stories about how the Trump campaign doesn’t seem to mind turning off women voters. Women voters have shifted away from Trump since Harris entered the race, according to polls. “Every time I do a focus group with swing voters, they bring up JD Vance talking about childless cat ladies.
Persons: , Donald Trump’s, Ramaswamy, Vivek Ramaswamy, Roberto Schmidt, Sarah Huckabee Sanders, Kamala Harris, Sanders, Harris, ” Harris, Kristen Soltis Anderson, ” That’s, Harris ”, Anderson, Trump, Sen, JD Vance, Harry Enten, we’ve, Enten, Nicky Jam, He’s, Taylor Swift’s, Billie Eilish’s, Lance Trover, Doug Burgum, Trover, “ I’m, ” Trover, it’s, ” Anderson, Vance, Sarah Longwell, CNN’s Jake Tapper, “ I’ve, ” Longwell Organizations: CNN, Republican, he’d, AFP, Getty, Arkansas Gov, Trump, New York Times, Siena College, Puerto, Pennsylvania doesn’t, North Dakota Gov, The New York Times, Trump Republican Locations: Ohio, Springfield, Springfield , Ohio, Michigan, Puerto Rican, Las Vegas, Philadelphia, Pennsylvania
The decision marks a significant shift from Amazon's earlier policy, which required employees to badge in three days a week. Following the announcement, anxious workers have flooded LinkedIn and X feeds with posts wondering if their companies would be next to get rid of flexible work arrangements. Just one-third (33%) of U.S. companies require employees to come to the office five days a week, according to recent data from Flex Index, a platform that tracks companies' flexible work policies. Under 10% of tech companies with more than 1,000 employees have such a requirement. "We might see other smaller tech companies follow Amazon's lead, but most will continue sticking to some kind of hybrid arrangement," he says.
Persons: Andy Jassy, Jassy, we've, Dan Kaplan, haven't, Brian Elliott, hasn't, Kaplan, Elliott, we'll Organizations: Amazon.com Inc, Amazon, Citigroup, Walmart, UPS, Kastle Systems, Flex, Workers, Employees Locations: Seattle , Washington, lockstep, U.S
Read previewA Ukraine war analyst told Business Insider that while watching this conflict, Russia has continually surprised him with how poorly trained its soldiers are. AdvertisementCaptured Russian soldiers, war experts, Ukrainian troops, and Western intelligence have all pointed to Russian troops being poorly trained and treated as disposable throughout the war. Related storiesRussia's losses have risen recently as Russian troops continue to suffer from deficiencies in training. The UK Ministry of Defence said in July that more than 70,000 Russian troops were likely killed or wounded between May and June. It blamed "an effective Ukrainian defense and a lack of Russian training" as Russia fought in multiple sectors.
Persons: , George Barros, it's, Barros, Vladimir Putin, Matthew Savill Organizations: Service, Business, Russia, Russian Army, Russian Defense Ministry Press Service, AP, UK Ministry of Defence, Royal United Services Institute Locations: Russia, Russian, US, Ukraine, Soviet, Soviet Union, Cuba, Kursk
On Monday, Putin ordered the army to increase its troops by 180,000, per a decree published by the Kremlin. This will raise the overall number of Russian military personnel to 2.38 million people, with 1.5 million of them being active soldiers. AdvertisementThe gear coming off the production line "will still be substantial," Reynolds told BI in an interview on Wednesday. Russia has "adapted much better than predicted to some of the pressures it's been put under," Reynolds told BI. Other experts BI spoke to said that while Putin might still be able to grow Russia's army, it may only add more strain to the already-stretched Russian labor force.
Persons: , Vladimir Putin, Putin, Nick Reynolds, Reynolds, That's, It's, it's, Artem Kochev, Kochev, Benjamin Hilgenstock, Jeremy Morris Organizations: Service, Kremlin, Business, International Institute for Strategic Studies, Royal United Services Institute, Vienna Institute for International Economic Studies, Kommersant, Kyiv School of Economics Institute, Bloomberg, Russian Armed Forces, Aarhus University Locations: Russia, China, India, Ukraine, Moscow
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Complete with a cold plunge ("excellent for circulation," she said,) hot tub, steam room, and sauna, it looked like something straight out of a luxury hotel. This story is available exclusively to Business Insider subscribers. Now it has an experience shower and a cold plunge and a hot plunge," Mungall told Business Insider. Landry Design Group shared some of the most elaborate health and wellness projects they have worked on with BI.
Persons: , Gwenyth Paltrow, Paltrow, William Mungall, Tom Brady, Mark Wahlberg, Kourtney Kardashian, Mungall, We're, He's Organizations: Service, Architectural, Business, Consulting, Landry Design Group, FDA, BI Locations: LA
Some people think asking questions — to friends, peers or bosses — can make you look weak or insecure. But the simple act can actually help you garner influence and even get the people around to you change their minds, says communication expert Matt Abrahams — if you know the right questions to ask. "Asking a question puts you in a position of power," Abrahams, a Stanford University lecturer, tells CNBC Make It. Asking good questions "demonstrates you care, it demonstrates empathy, it demonstrates you're willing to learn and, in some cases, admit you don't know everything," he adds. Here's how to ask the right questions, at work, home and in your social life, to get ahead and strengthen relationships, he says.
Persons: , Matt Abrahams —, Abrahams, Here's Organizations: Stanford University, CNBC
On another intractable issue, the Israel-Hamas war, Harris was strong on aspiration, vague on specifics and seemed to fall on both sides of the issue. Former President Donald Trump and Vice President Kamala Harris debate for the first time at the National Constitution Center on September 10, 2024, in Philadelphia. And Harris might be smart to avoid taking positions that could scare off disaffected Republicans and moderate suburban voters she’s seeking to win over. Voters want to know more about HarrisStill, recent polls show that the vice president has a window of opportunity to court voters who want to learn more about her. … She needs to be more direct.”From left to right, second gentleman Doug Emhoff, Vice President Kamala Harris, Minnesota first lady Gwen Walz and Minnesota Gov.
Persons: Kamala Harris, Donald Trump —, Harris, , , Biden, she’s, Bill Clinton, Sen, Elizabeth Warren of, Trump, , chunky, Joe Biden, it’s, Donald Trump, Win McNamee, Getty, , Harris ’, Dick Cheney, Liz Cheney, “ Kamala Harris, ” Linda Rooney, Nikki Haley, CNN’s John King, Rooney, Antonio Munoz, I’ve, ” Munoz, King, Doug Emhoff, Gwen Walz, Tim Walz, Angela Weiss, She’s, ” Harris, Hillary Clinton scoffed, ” Clinton, Kara Swisher ” Organizations: CNN —, Democratic, Tuesday’s National Association of Black Journalists, Oval, Republican, National Constitution Center, Biden, Wyoming, New York Times, Siena College, CNN, South Carolina Gov, GOP, Trump, Minnesota Gov, Pittsburgh International Airport, Getty Locations: Israel, Elizabeth Warren of Massachusetts, Philadelphia, Ukraine, doesn’t, Nevada, Minnesota, generalities, Harris
Further, DeWine said the Haitians found Springfield because business owners there were having trouble finding workers after the Covid-19 pandemic. When he was asked if the comments from Trump and Vance were fueling the bomb threats, DeWine deflected. I didn’t create 20,000 illegal migrants coming into Springfield.”A man walks past city hall in Springfield, Ohio, after bomb threats were made against buildings earlier in the day on September 12. Like DeWine, Springfield Mayor Rob Rue has also tried very hard to correct the record on the role Haitians are playing in Springfield. At a press conference Tuesday, Rue and DeWine discouraged Trump from making a trip to the city.
Persons: Mike DeWine, He’s, Becky, , , DeWine, ” DeWine, Donald Trump, Sen, JD Vance, Vance, Trump, ” Vance, CNN’s Dana Bash, Roberto Schmidt, Springfield Mayor Rob Rue, Springfield . Rue, CNN’s Boris Sanchez, It’s, ” Rue Organizations: CNN, Republican Gov, PBS, Trump, AFP, Getty, Republican, Springfield Mayor Locations: Haiti, Springfield, Haitian, Ohio, , Springfield , Ohio, DeWine, Springfield .
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The move furthers the Big Tech trend of flattening org charts that Mark Zuckerberg and others like Elon Musk have talked about in recent years while preaching the need for efficiency. Related stories"I don't think you want a management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work," the Meta CEO reportedly said in an internal meeting in January 2023. Before Meta's layoffs, Zuckerberg said he inquired about the average number of direct reports each manager had at Meta and learned it was around three to four. AdvertisementBut if Amazon is following Meta and other Big Tech companies' lead — don't be surprised if a middle-management culling is on the horizon.
Persons: , Mark Zuckerberg, Elon, Andy Jassy, he's, Jassy, Zuckerberg, Meta, Shopify, Brian Chesky, Business Insider's Ashley Stewart Organizations: Service, Amazon, Business, Meta, Wall Street, Big Tech Locations: Silicon Valley, Airbnb
Combs on Tuesday pleaded not guilty to each count: racketeering conspiracy, sex trafficking and transportation to engage in prostitution. The lawsuit accuses Combs and other defendants of sex trafficking, human trafficking, sexual assault, gender-motivated violence, sexual harassment, gender discrimination and a hostile work environment. Diddy is not accused of sexual assault in the lawsuit but is included in allegations of liability and aiding and abetting. Lampros accuses Combs of four instances of sexual assault from the mid-1990s to the early-2000s. July 3: Adria English, a former adult film actress, accuses Combs of sex trafficking and sexual assault in a federal lawsuit filed in New York.
Persons: CNN —, Sean “ Diddy ” Combs, Combs, Combs ’, Diddy, Casandra, Cassie ” Ventura, Ben Brafman, Mr, , , Ventura, ” Combs, Brafman, Joi Dickerson, Neal, Liza Gardner, Aaron Hall, Guy, Gardner, Instagram, Jane Doe, ” Douglas, Wigdor, Rodney “, Rod ” Jones, Jones, Shawn Holley, Sean, Aaron Dyer, Christian Combs, Grace O’Marcaigh, Dyer, ” Sean Combs, Cassie Ventura, Ventura –, I’m, Meredith Firetog, Cassie, , , Firetog, Crystal McKinney, drugging, Lampros, Eric Adams, Adams, Howard, Sean Combs, ” Jonathan Davis, Singer Dawn Richard, Danity Kane, Combs “, ” Ventura, Erica Wolff, Richard, Christine Cornell, Prosecutors, CNN’s Nicki Brown, John Miller, Eric Levenson, Alli Rosenbloom, Kristina Sgueglia, Lisa Respers France, Sandra Gonzalez Organizations: CNN, Prosecutors, Howard University, Ventura, New York Supreme, Syracuse University, Diddy, of, Homeland Security, InterContinental, MTV, New York’s Fashion Institute of Technology, Howard University’s, Sean Combs Foundation, Adria Locations: Los Angeles, Miami, New York City, Here’s, New York, Southern, of New, Century City, Ventura
Read previewLawyers for Sean "Diddy" Combs are trying again Wednesday to keep him out of jail ahead of his criminal trial, asking another federal judge to accept a $50 million bond package. Tarnofsky's decision meant Combs would be in jail ahead of his criminal trial, which has not yet been scheduled. Related storiesAngifilio stressed at the Tuesday hearing and in court documents that Combs had taken extraordinary measures to cooperate with prosecutors for months. Carter, the district court judge, may now decide whether to reconsider the terms of Comb's release and set him free pending trial. Combs or prosecutors may also appeal Carter's decision to the US Second Circuit Court of Appeals, and from there to the US Supreme Court.
Persons: , Sean, Diddy, Combs, Robyn Tarnofsky, Tarnofsky, Andrew Carter, Sam Bankman, Kelly, Ghislaine Maxwell, Michael Cohen, Marc Agnifilo, Cassie Ventura, Ventura, Agnifilo, Angifilio, Carter Organizations: Service, Business, of Prisons, Detention, Federal, Miami, Prosecutors, Metropolitan Detention, US, Circuit, Appeals Locations: Manhattan, Brooklyn's
Gavin Newsom is concerned about the state's controversial AI bill. The governor told a conference he's concerned about a potential "chilling effect" on AI development. Go to newsletter preferences Thanks for signing up! Gavin Newsom is concerned about the state's controversial AI bill. During an appearance at Salesforce's Dreamforce event in San Francisco on Tuesday, the governor said he was concerned about a potential "chilling effect" on AI development the bill could cause.
Persons: Gavin Newsom, Newsom, , didn't Organizations: Service, Bloomberg, Business Locations: California, San Francisco
Director James Cameron said AI is making it harder for him to write relevant science fiction. He talked about the impact of AI with Bill Gates in a newly released Netflix series. Go to newsletter preferences Thanks for signing up! For the acclaimed film director James Cameron, AI is complicating his livelihood. "It's getting hard to write science fiction.
Persons: James Cameron, Bill Gates, Cameron, Organizations: Netflix, Service, Microsoft, Business
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