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NEW YORK, June 12 (Reuters) - JPMorgan Chase (JPM.N) agreed to pay about $290 million to settle a class action lawsuit by Jeffrey Epstein's victims, resolving a large part of litigation over the bank's relationship with the disgraced financier. Monday's settlement came 3-1/2 weeks after Deutsche Bank (DBKGn.DE), where Epstein was a client from 2013 to 2018, agreed to pay $75 million to end a similar lawsuit by Epstein victims. "A settlement with Epstein's victims frees JPMorgan to begin to turn the page and change the narrative." The $290 million settlement amount was confirmed by David Boies, a lawyer for Epstein's victims. Last month, Rakoff said JPMorgan could be liable to Epstein's victims if they could show Staley had firsthand knowledge that Epstein ran a sex-trafficking venture.
Persons: JPMorgan Chase, JPM.N, Jeffrey Epstein's, Epstein, Jane Doe, Carliss Chatman, Chase, Temin, Jed Rakoff, JPMorgan, Adam Zimmerman, David Boies, Sigrid McCawley, Morgan Chase, Mike Segar JPMorgan, Jes Staley, shepherding, Staley, Rakoff, Jamie Dimon, Ghislaine Maxwell, Maxwell, Chatman, Mary Erdoes, Stephen Cutler, Dimon, Cutler, Jeffrey Epstein, Erdoes, Nupur Anand, Lananh Nguyen, Saeed Azhar, Luc Cohen, Jonathan Stempel, Tatiana Bautzer, Megan Davies, Alexander Smith, Grant McCool, Lisa Shumaker Organizations: YORK, JPMorgan, Washington, Lee University School of Law, U.S, Deutsche Bank, University of Southern, Co, New York City, REUTERS, U.S ., Barclays, U.S . Virgin, Thomson Locations: U.S, Manhattan, Virginia, University of Southern California, New York, U.S . Virgin Islands
NEW YORK, June 12 (Reuters) - JPMorgan Chase & Co (JPM.N) agreed in principle to settle a class action lawsuit with a victim of Jeffrey Epstein, the bank said in a statement Monday. Litigation is still pending between the U.S. Virgin Islands and JPMorgan Chase, as are JPMorgan Chase’s claims against former executive Jes Staley, the bank said. "The parties believe this settlement is in the best interests of all parties, especially the survivors who were the victims of Epstein's terrible abuse," JPMorgan said. Epstein was a JPMorgan client from 1998 until he was dismissed in 2013. JPMorgan kept him aboard even after his 2006 arrest on prostitution-related charges and a related guilty plea two years later.
Persons: Jeffrey Epstein, Epstein, JPMorgan Chase, JPMorgan Chase’s, Jes Staley, Lananh Nguyen, Saeed Azhar, Kirsten Donovan, Jason Neely Organizations: YORK, JPMorgan Chase &, U.S ., U.S . Virgin Islands, JPMorgan, Thomson Locations: U.S, U.S . Virgin Islands, Manhattan, York, New York
Solo Per Due – “Just for Two” in Italian – is no ordinary restaurant, and not just because of its tiny size. Its owners claim it is the smallest fine-dining establishment not only in Italy but in the world, too. Guests are required to arrive at a specific time agreed by the owners, who prepare and serve the elaborate food. “This is not a restaurant – we offer a unique, intimate experience which is at the core of our decades-long reputation. Upon request, a private driver can be arranged to pick up guests, and fireworks can be staged in the garden.
Persons: we’ll, Stanley Tucci, , Silvia Marchetti, Antonello Nusca, you’ve, That’s, it’s, , Mr, Remo, he’s, Horace, , He’s Organizations: CNN, intel Locations: Italy, Vacone, Rome
Ron DeSantis rarely mentions the specifics of his religion, faith, or practice of it. Ron DeSantis delivers remarks during the Project Opioid conference at First Presbyterian Church in Orlando on Aug. 20, 2019. Ron DeSantis and his wife Casey stand during the Pledge of Allegiance at a campaign event, Wednesday, May 31, 2023, in Cedar Rapids, Iowa. Ron DeSantis and his wife, Casey, bow their heads during a prayer at a campaign event, Wednesday, May 31, 2023, in Cedar Rapids, Iowa. Ron DeSantis speaks during a campaign event, Tuesday, May 30, 2023, in Clive, Iowa.
Persons: Ron DeSantis, wouldn't, , Joe Burbank, Brian Burch, Burch, DeSantis, Donald Trump, Joe Biden, Biden, He's, Nate Hochman, Hochman, Maria Sullivan, Casey, Charlie Neibergall, Sullivan, Piers Morgan, there's, that's, Phelan M, Paul Harvey, Cary McMullen, John F, Kennedy, El Paso Bishop Mark Seitz, Miami Archbishop Thomas Wenski, Wenski, heartburn, US Sen, Joni Ernst, David Polyansky, Ted Cruz, Bob Vander Plaats, Vander Plaats, John Stemberger, Stemberger, we've, Trump, Mike Pence, Tim Scott, Pat Robertson, Michael Binder, Tom O'Shields Organizations: Catholic, Service, Florida Gov, First Presbyterian Church, Orlando Sentinel, DeSantis, GOP, New York, Our Lady Star, Republican, Gov, AP, Lourdes Catholic School, The, Catholic Church, El Paso Bishop, Miami Archbishop, Florida Conference of Catholic, US, Policy Council, Trump, University of North, Lilly Endowment Inc Locations: Florida, GREENVILLE, S.C, Iowa, South Carolina, Orlando, Tallahassee, DeSantis, Catholic Church, Northeast Florida, Cedar Rapids , Iowa, Dunedin , Florida, Ohio, Galilee, Israel, Tampa , Fla, Lakeland , Florida, California, Texas, Des Moines , Iowa, Clive , Iowa, University of North Florida, Greenville, Easley , South Carolina
When hedge fund Three Arrows Capital collapsed last year, it left the crypto world reeling. But the firm's founders, Kyle Davies and Su Zhu, have reportedly had it pretty good ever since. Just because your crypto firm collapsed, doesn't mean you are going to end up on house arrest at your parents' pad. As the liquidation process began for their crypto firm, both founders flew to Bali — Indonesia notably doesn't have an extradition treaty with the United States — the Times reported. According to the Times, Zhu started to hang out with surfers and UFC fighters.
Persons: Kyle Davies, Su Zhu, Zhu surfed, Davies, Hemingway, Zhu, liquidators Organizations: Arrows Capital, Morning, New York Times, United, Times, Twitter, UFC Locations: Bali, Bali — Indonesia, United States, Bahrain, Singapore
Actress Gwyneth Paltrow enters the courtroom for her trial in Park City, Utah, March 24, 2023. Gwyneth Paltrow may have had the last word at the conclusion of her ski accident trial in March, but it was her head-to-toe "old money" look that is still echoing through society today. Also buoyed by the elite world depicted in HBO's "Succession" and Kim Kardashian's monochrome mega mansion, the "quiet luxury" trend has quickly caught on, even though, these days, most Americans are more likely to live paycheck to paycheck. What is quiet luxury? Fortunately, the quiet luxury trend is less about buying the exact item, but rather replicating the look with clothes that fit well, in neutral tones or monochrome, she said.
Persons: Gwyneth Paltrow, Rick Bowmer, Kim, Thomaï Serdari, Serdari, Paltrow, Celine, Prada, Terry Sanderson, there's Organizations: NYU's Stern School of Business, Finance, Afp, Getty, Burberry Locations: Park City , Utah
Vladimir Putin's annual phone-in has been postponed, Kommersant reported. The "Direct Line" phone-in usually runs for hours and involves Putin fielding questions from ordinary Russian citizens about a range of social and policy issues. Kremlin spokesman Dmitry Peskov told Russian state media agency Tass that no date had been set for the event. If held in December, the phone-in would be timed for just before the likely launch of Putin's 2024 presidential campaign. But on Thursday Ukraine launched its much-anticipated counteroffensive to drive Russian forces back from territory in east and south Ukraine.
Persons: Vladimir Putin's, , Vladimir Putin, Putin, Dmitry Peskov Organizations: Kommersant, Service, Tass, Ukraine Locations: Ukraine, Moscow
Outsized pollution and noise from devices like gas-powered leaf blowers are driving the efforts. The gas-to-electric transition at the neoclassical landmark, which has stood for more than two centuries in Georgetown, came ahead of a ban on the use of gas-powered leaf blowers that went into effect in the nation's capital last year. California next year will ban the sale of new gas-powered leaf blowers and lawn mowers, among other equipment, though the state will still allow existing devices to be used. That's in part because about 30% of the oil-and-gas mix that powers so-called two-stroke engines, which often run tools like leaf blowers and string trimmers, isn't burned. Whalley was already a proponent of ditching the gas-powered tools because she'd done so at her own home.
Persons: , It's, Martha Washington, Allyson Whalley, isn't, Kalen Roach, Roach, Whalley Organizations: Service, California Air Resources Board, DC Sustainable Energy, Companies Locations: Washington , DC, Tudor, Georgetown, . California, Washington
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Persons: Dow Jones
Can HBO’s ‘The Idol’ Bring Back ’80s Sleaze?
  + stars: | 2023-06-06 | by ( Steven Kurutz | ) www.nytimes.com   time to read: +2 min
The first episode begins with the pop star Jocelyn, played by Lily-Rose Depp, baring her breasts during a photo shoot as a team of handlers, crew members and an ineffectual intimacy coordinator look on. There will be no flannel PJs for Joss; a pair of wake-up scenes make it clear to viewers that she sleeps in a thong. It isn’t only the show’s gratuitous nudity that harks back to Mr. Lyne and company, but the overall look and mood, which recall a louche glamour from the time of boxy Armani suits and cocaine nights. A main setting is a $70 million mansion in Bel Air that looks like something out of Mr. De Palma’s “Scarface” but is in fact Mr. Tesfaye’s real-life home. A number of young viewers have said they find sex scenes embarrassing, but Mr. Levinson, who created the HBO drama “Euphoria,” and his fellow producers have made no secret of their desire to pay homage to the heyday of Cinemax (when it had the nickname Skinemax).
Persons: Jocelyn, Lily, Rose Depp, baring, Mr, Tesfaye, Joss, Lyne, De Palma’s, , Tesfaye’s, Levinson, Elizabeth Berkley, Longworth Organizations: Royce, HBO, Cinemax, Risky, , American Cinematheque Locations: Bel Air, Los Angeles
His previous documents showed his net worth was just $319,000, and that he still had student loans. Ron DeSantis may have greatly increased his net worth in the last year. Those documents showed the governor, now 44, had a net worth of just $318,986.99, didn't own property, and carried $21,284.92 in student loans. Also, if DeSantis didn't receive his book advance until 2023, then the Florida documents may not contain it but the federal documents would have to. Forbes estimates Trump's net worth at $3 billion, though Trump himself has pegged the figure at $10 billion.
Persons: DeSantis, , Ron DeSantis, Hillary Clinton, Charlie Spies, Casey DeSantis, DeSantis didn't, Donald Trump's, Trump, GOP Sen, Tim Scott of, Sen, Elizabeth Warren of Organizations: Service, Gov, Republican, Federal, Commission, HarperCollins Publishing, Rupert Murdoch's News Corp, US, Government, Florida, GOP, Trump, Trump Organization, Forbes, New York Times, Ivy League, Navy, Associated Press, Politico, Democratic Locations: Florida, Florida's, Beach , Florida, Tim Scott of South Carolina, Elizabeth Warren of Massachusetts
The McNeal Mansion, located in Burlington, New Jersey, is a ghost of its former grandeur. The 10,000-square-foot mansion was damaged over the years by fires and nature taking over. The decrepit property was captured in a photo series by photographer Richard Lewis. New Jersey-based photographer Richard Lewis explored and photographed the crumbling mansion in 2016. Here's a look inside the crumbling McNeal Mansion, which is a ghost of its former grandeur.
Persons: Richard Lewis, , Andrew McNeal, it's Organizations: Service, Nike Locations: Burlington , New Jersey, New Jersey
the Weeknd) and Lily-Rose Depp, walked into the Lumière Theater at the Cannes Film Festival for the premiere of the first two episodes of their show, “The Idol,” to a standing ovation. Created by Levinson, Tesfaye and Reza Fahim, “The Idol,” which premieres on Sunday, was already a heat-seeking target by the time it played at Cannes. Levinson, Tesfaye and other “Idol” collaborators have vigorously defended the show and its creators. “The process on the set was unbelievably creative,” Azaria said at a news conference a day after the Cannes premiere, as Adams nodded along. “I’ve been on many, many a dysfunctional set, believe me,” Azaria continued.
Persons: Sam Levinson, Abel Tesfaye, Lily, Rose Depp, , , Jocelyn, Depp, , Hank Azaria, Troye Sivan, Jane Adams, Da’Vine Joy Randolph, Eli Roth — Jocelyn, Tedros, Levinson, Tesfaye, Reza Fahim, Amy Seimetz, trumpeted Levinson, ” Azaria, Adams, “ I’ve Organizations: Cannes Film, Cannes, Idol, HBO, YouTube Locations: Los Angeles, Hollywood
The property cost more than $10 million to build in 2018. It's now on the market for under $6 million. Situated between Kalamazoo and Jackson, in a rural part of Battle Creek, Michigan, the owners spent more than $10 million developing this eye-catching property, said realtor Mary Noneman. "It's just market conditions," Noneman told Insider. Nonetheless, she said the "beautiful, beautiful property" could make a special home for a VIP buyer, with some pretty unusual features inside.
Persons: It's, Mary Noneman, it's, Noneman Locations: Kalamazoo, Jackson, Battle Creek , Michigan
Now check out Jeter's stunning lakeside castle in New York that still hasn't sold after several years on the market:Wright Brothers Real Estate; Eric Espada/Getty Images
Persons: Eric Espada Organizations: Wright Locations: New York
David Ortiz is unloading his mansion in the ritzy Pinecrest area of Miami. The Red Sox legend is asking $12.5 million, which would be a record for the area. Ortiz and his wife, Tiffany Ortiz, have filed for divorce, and the pair sold the house because their children are grown, according to The Wall Street Journal. The house sold for $10.6 million, a record for the Pinecrest area of Miami. The previous high was the $10.5 million paid for a house in 2022 by Tyler Herro of the Miami Heat.
Persons: David Ortiz, , Michael Martinez, Ortiz, Tiffany Ortiz, Tyler Herro Organizations: The Red Sox, Service, Wall Street, Miami Heat Locations: Miami
Proekt said the properties are located near Putin's Moscow mansion. The Russian president has long sought to keep secret the vast wealth he and his family own. Russian President Vladimir Putin and his ex-wife Lyudmila enter a Moscow polling station, 02 December 2007, to cast their votes in Russia's parliamentary elections. Katerina Tikhonova, deputy director of the Institute for Mathematical Research of Complex Systems at Moscow State University and daughter of Russian President Vladimir Putin. Russian President Vladimir Putin (left) and his rumored girlfriend and retired rhythmic gymnast Alina Kabaeva (right).
Persons: Proekt, , Vladimir Putin, Putin's, Kiril Shamanov, Putin, Lyudmila Shkrebneva, Maria Vorontsova, Katerina Tikhonova, Tikhonova, Shamalov, Lyudmila, DMITRY ASTAKHOV, Vorontsova's, Alina Kabaeva, Sasha Mordovets, Juliana Kaplan Organizations: Service, Russian, Getty, Institute for Mathematical Research, Systems, Moscow State University, REUTERS, Shkrebneva, Tikhonova, Putin Locations: Russian, Putin's Moscow, Ogaryovo, Moscow, AFP, Biarritz, France, Sibur, Ukraine
Presidents of the United States have had some eccentric choices for favorite foods. From squirrel stew to cheeseburger pizza, these commanders-in-chief didn't let their time in office change their tastes. Here are the favorite foods of all 46 presidents. Though the Executive Mansion hosts some of the country's most exclusive and upscale dinners, each president has different tastes for everyday fuel. From squirrel stew to cheeseburger pizza, here are all 46 presidents' favorite treats:
Persons: didn't, Organizations: Service Locations: United States
Like my fully-remote colleague Rebecca Knight, I miss sharing random thoughts with my colleagues. My colleague Darius Rafieyan breaks down the novel setup that's helping unprofitable startups raise money. In other news:Hacker Fellowship Zero is cultivating batches of tech developers, many who are jumping into the generative AI wave, per a New York Times report. Welcome home: A Hype House for generative AI developers. Generative AI has a Digital Blackface problem.
Persons: It's, I'm, Siu, Rebecca Knight, Rebecca, Rebecca Zisser, Darius Rafieyan, Simon McGill, Marc Benioff, Sam Altman, Altman, Mark Zuckerberg, Alistair Barr, GirlfriendGPT, bro, Putin, Diamond Naga Siu, Nathan Rennolds Organizations: Bank of America, New York Times, Getty, San, Toyota, Ryanair, Patryk, Software, VMware, Employees Locations: New Jersey, San Francisco, techies, New York, San Diego, London
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ben-affleck-and-jennifer-lopez-close-deal-on-61-million-l-a-mega-mansion-ab1a8be6
Persons: Dow Jones, affleck, jennifer, lopez, ab1a8be6
A wave of generative AI founders have reportedly found a venue in HF0 to develop their ideas. The New York Times reports the effort is a communal hub for founders and ex-Big Tech engineers. In an alcohol-free, work-hard, play-hard hotel environment, developers can revel and dine together while building their businesses, The New York Times reports. It's been steadily attracting developers with a knack for AI, according to The Times' feature, though it's open to aspiring tech founders in general. Read the full story at The New York Times.
Persons: revel, Hacker, It's, who've, Andreessen Horowitz, Lu, Jeff Chiu, Dave Fontenot, Emily Liu, Evan Stites, Clayton, HF0, Fontenot didn't, ChatGPT Organizations: New York Times, Big Tech, Morning, The Times, Google, Sequoia, Times, The New York Times Locations: HF0, San Francisco, San
Beyoncé and Jay-Z Join the $100 Million Home Club
  + stars: | 2023-06-01 | by ( Debra Kamin | ) www.nytimes.com   time to read: +1 min
Beyoncé and Jay-Z, no strangers to flashy real estate deals, reportedly upgraded from their $88 million mansion in Bel Air, Calif., to a $200 million Malibu property last month, officially erasing the line between going big and going home. The sale marks the most expensive residential real estate deal in California history — but not the most expensive in American history. That would be the $238 million sale in January 2019 of an unfinished penthouse on Central Park South, in Manhattan, to the billionaire hedge fund tycoon Kenneth C. Griffin. Still, California can claim 10 of the 20 most expensive property sales ever in the United States, according to data compiled by Jonathan Miller of Miller Samuel appraisals. Beyoncé and Jay-Z, who have bought and sold multimillion-dollar homes in Miami, New Orleans and the Hamptons, are now in a rarefied club of celebrities who own properties worth $100 million or more.
Persons: Beyoncé, Tadao Ando, William Bell Jr, Kurt Rappaport, Rappaport, Kenneth C, Griffin, Jonathan Miller, Miller Samuel Organizations: Calif, Malibu, TMZ, Westside Estate Agency, Park, Hamptons Locations: Bel Air, California, Manhattan, , California, United States, New York, Florida, Connecticut, Miami , New Orleans
Glenn Youngkin of Virginia is reconsidering a 2024 presidential run, per a recent Axios report. But such a decision would be rife with peril, with Youngkin far down the pack of GOP contenders. Former President Donald Trump speaks to supporters at his rally in Waco, Texas, on March 25, 2023. As of May 31, the GOP polling average on FiveThirtyEight had Trump ahead of DeSantis 54.1%-20.7%, with former Gov. Virginia House Speaker Todd Gilbert, left, gavels to order the special session of the Virginia General Assembly in Richmond, Va., on September 7, 2022.
Persons: Glenn Youngkin, Youngkin, , Donald Trump, Terry McAuliffe, Joe Biden, Trump, Ron DeSantis, DeSantis, Axios, Evan Vucci Trump, juggernaut Trump, Stormy Daniels, FiveThirtyEight, Nikki Haley, Sen, Tim Scott of, Mike Pence, Marta Lavandier, McAuliffe, Ralph Northam, Todd Gilbert, gavels, Steve Helber, Miles Coleman, Ball, Roe, Wade, Coleman, Aaron Rouse, Jennifer McClellan Organizations: Service, Democratic Gov, GOP, Republican, Walt Disney Company, AP, Manhattan District Attorney's, Gov, South Carolina —, Disney, American Studies, Democratic, Virginia, Virginia General Assembly, Commonwealth, Delegates, Virginia Senate, Republicans, University of Virginia Center for Politics Locations: Virginia, Florida, Waco , Texas, DeSantis, South Carolina, Tim Scott of South Carolina, Iowa , New Hampshire, Texas, Miami, Fla, Richmond , Va, Richmond, Virginia Beach
Ron DeSantis' wife, Casey DeSantis, is a chief confidant key to his political rise. He finished boasting about his "Florida Blueprint," and then his wife, Florida first lady Casey DeSantis, glided onstage. In the geography was Casey DeSantis' autobiography: raised in Troy, Ohio, and college-educated at the University of Charleston. As Florida's first lady, Casey DeSantis' initiatives included childhood emotional resiliency, child welfare, and — as a breast-cancer survivor herself — cancer research. "They did not want woke ideology shoved down the throats of their five years olds while they were in school," Casey DeSantis said.
A $33.5 million home is for sale in Brookville, Long Island. Brookville is the second-most affluent neighborhood in the US, Insider previously reported. One of these properties is a $33.5 million mansion nicknamed "Shangri-La." It's located in the small village of Brookville, which Insider previously named the second most affluent neighborhood in the US. Keep scrolling to see inside this expansive property in one of the country's most affluent neighborhoods.
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